Slide 1: Q1 FY14 Performance Overview
Q1 FY14 Performance Overview
Slide 2: Safe Harbour
Safe Harbour 2 No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events not current after t
Slide 3: Financial Overview
1 Financial Overview
Slide 4: Q1 FY14 Financial Highlights
Q1 FY14 Financial Highlights 4 Compared with Q1 FY13 Net Revenues higher by 8.2% at Rs. 872.7 crore vis-à-vis Rs. 806.7 crore EBIDTA increased from Rs. 133.2 crore to Rs. 194.3 crore; up 45.9% EBIDTA Margins enhanced to 22.3% from 16.5% PAT at Rs. 44.2 crore compared to Rs. 1.0 crore Diluted EPS a
Slide 5: Q1 FY14 Operational Highlights
Q1 FY14 Operational Highlights 5 Compared with Q1 FY13 Higher capacity utilization rates combined with increased off-take of yarn and paper products enabled improved revenue performance Enhancing the product mix towards value-added products further augmented topline growth Cost optimization initia
Slide 6: Profit & Loss
Profit & Loss 6 Q-o-Q Y-o-Y Particulars (Rs. crore) Q1 FY14 Q4 FY13 Shift % Q1 FY14 Q1 FY13 Shift % 872.7 895.7 (2.6) Net Revenues 872.7 806.7 8.2 678.7 715.9 (5.2) Total Expenditure 678.7 673.9 0.7 445.2 457.0 (2.6) - Raw Material Consumed 445.2 444.3 0.2 233.5 258.9 (9.8) - Other Costs & Expenses
Slide 7: Management Comment
Management Comment 7 Commenting on the performance, Mr. Rajinder Gupta, Chairman at Trident Group said: “Trident continues to make headway across its key business segments and the performance during the quarter is a testimony to our unprecedented progress. The results are a reflection of improving b
Slide 8: Business Overview
2 Business Overview
Slide 9: Trident Yarn
Trident Yarn
Slide 10: Product Portfolio
Overview 10 Capability of counts from 1/8s – 1/80s in all possible blends Spindles (lac) 365,904 Spindles & 3,584 Rotors 3.66 3.66 6,825 TPA of Yarn Processing 2.24 8,400 MT of Cotton & Blended Yarns per month 1.76 1.26 1.26 State of the Art Machinery imported from LMW-India, Rieter- Switzerland, Mu
Slide 11: Operational & Financial Highlights
Operational & Financial Highlights 11 Production (MT) Sales (MT) 22,296 21,672 20,617 20,960 20,337 19,984 Q1 FY13 Q4 FY13 Q1 FY14 Q1 FY13 Q4 FY13 Q1 FY14 Revenues (Rs. crore) PBIT (Rs. crore) 460.9 454.9 76.4 384.3 44.5 23.8 Q1 FY13 Q4 FY13 Q1 FY14 Q1 FY13 Q4 FY13 Q1 FY14 YARN
Slide 12: Perspectives
Perspectives 12 Comments on Q1 FY14 Performance Topline enhanced by 18% despite marginal increase (1.8%) in sales volumes • Higher realizations consequent to improved contribution from value-added products PBIT Margins improved from 6.2% in Q1 FY13 to 16.8% driven by cost optimization measures along
Slide 13: Perspectives
Perspectives 13 Outlook Robust demand expected in weaving as well as knitting segments owing to: • Booming organized retail • New export oriented capacities being added in the weaving sector Anticipate increase in export of cotton yarn to China due to increasing demand-supply gap in China on account
Slide 14: Trident Terry Towel
Trident Terry Towel
Slide 15: Product Portfolio
Overview 15 Leadership in all Terry based products Jacquards – 54 looms 43,200 MTs of towels /Year Loom (Nos.) Air Jet Dobby – 296 looms 14.5 mn pcs./month 374 388 388 388 350 282 Rapier Dobby – 38 looms 18 containers of 40 ft. /day Total – 388 looms 90,000 Bathrobes/month Finishes Types *100% cotto
Slide 16: Operational & Financial Highlights
Operational & Financial Highlights 16 Production (MT) Sales (MT) 7,658 7,214 7,733 7,609 6,688 6,669 Q1 FY13 Q4 FY13 Q1 FY14 Q1 FY13 Q4 FY13 Q1 FY14 Revenues (Rs. crore) PBIT (Rs. crore) 317.0 319.9 315.6 51.8 29.8 26.6 Q1 FY13 Q4 FY13 Q1 FY14 Q1 FY13 Q4 FY13 Q1 FY14 TERRY TOWEL
Slide 17: Perspectives
Perspectives 17 Comments on Q1 FY14 Performance Lower sales volumes moderated topline performance • Partly mitigated by improved realizations on account of higher sale of value-added products Despite lower sales volumes, profitability flat given various cost rationalization initiatives combined with
Slide 18: Perspectives
Perspectives 18 Outlook India seen as an attractive source Large cotton base, integrated operations, design skills makes India flexible to cater to various textile segments and handle different order sizes Trident’s focus is on: Entering new markets and expanding market & customer base Leverag
Slide 19: Trident Paper
j SS Trident Paper
Slide 20: Product Portfolio
Overview 20 Eco Friendly Paper – Saving 5,000 Trees per Day Agro-residue (wheat straw) and ECF pulp used to 450 450 450 450 450 manufacture paper 265 265 265 265 265 Sold across 35 countries including India, Middle 110 East, Africa, US, Latin America and UK, among others 65 FY08 FY09 FY10 FY11 FY12
Slide 21: Operational & Financial Highlights
Operational & Financial Highlights 21 Production (MT) Sales (MT) 40,855 38,168 38,931 38,486 37,573 36,720 Q1 FY13 Q4 FY13 Q1 FY14 Q1 FY13 Q4 FY13 Q1 FY14 Revenues* (Rs. crore) PBIT* (Rs. crore) 34.3 197.0 27.9 27.3 176.5 186.4 Q1 FY13 Q4 FY13 Q1 FY14 Q1 FY13 Q4 FY13 Q1 FY14 * Includes Paper & Chemi
Slide 22: Perspectives
Perspectives 22 Comments on Q1 FY14 Performance Higher realizations given improving product mix towards the copier segment enabled topline growth despite marginal decline in sales volumes • Encouraging results from Branding initiatives and launching of Trident Royal Touch Copier Paper PBIT margins i
Slide 23: Energy and Chemicals
Energy and Chemicals 23 State of the Art 50 MW Power Turbines Imported Generation Capacity 3 Mega Machinery Steam generated is being used in Yarn, Towel and Paper Plants. 2 Power Boilers Environment Friendly Process Sulphuric Acid State of the Art 1,00,000 TPA of Glass Plant Machinery imported Sulph
Slide 24: Trident Overview
3 Trident Overview
Slide 25: Trident Perspective
Trident Perspective 25 Yarn Terry Towel Paper One of the largest Among the top 5 World’s largest yarn spinners in towel wheat straw based India manufacturers in paper manufacturer the world Diverse product range serving all One of the largest Eco friendly product segments exporter from India technol
Slide 26: Business Verticals
Business Verticals 26 Home Textiles Paper Towels Bathrobes WP Paper & Copier Paper Yarn Chemicals & Power Cotton Yarns Dyed Yarns Power, Sulphuric Acid & Sulphur PRODUCTS
Slide 27: Global Footprint
Global Footprint 27 Products exported* to 70 countries across 5 continents * Export destinations are highlighted in dark green CLIENTELE
Slide 28: India Presence
India Presence 28 Punjab, India – Dhaula Campus 3 Home Textile, 2 Paper, 3 Energy & 1 Chemical Unit(s) Takshashila (Center of Excellence) Workers Colony Punjab, India – Sanghera Campus 5 Yarn Units Ananda (Leadership Workshop) Workers Colony Girls Hostel MP, India – Budni Campus 3 Yarn Units Girls H
Slide 29: Manufacturing Facilities
Manufacturing Facilities 29 Business Existing Operations 3,65,904 Spindles Yarn 3,584 Rotors Yarn Processing 6,825 TPA Terry Towels 388 Looms Bath Robes 90,000 Pieces/ Month Paper 175,000 TPA Sulphuric Acid 100,000 TPA Energy – Captive Power 50 MW FACILITIES
Slide 30: De-risking, Diversification & Integration
De-risking, Diversification & Integration 30 INTEGRATION
Slide 31: Financial Performance Trend
Financial Performance Trend 31 P&L (Rs. crore) Balance Sheet (Rs. crore) Ratios Revenues Networth Debt:Equity (x) 3,357 651 706 3.6 2,537 2,752 503 532 3.5 1,819 3.4 3.2 FY10 FY11 FY12 FY13 FY10 FY11 FY12 FY13 FY10 FY11 FY12 FY13 EBIT Total Debt ROCE % 316 219 1,916 2,284 2,240 19.1% 182 1,711 113 1
Slide 32: Strengths
Strengths 32 Economies of Among the world’s largest home textiles and wheat-straw scale based paper manufacturers State-of-the- Embraced the latest technology and automation from global art best technology partners at all stages of manufacturing Technology Integrated Enables efficient operations and
Slide 33: Strengths
Strengths 33 Increasing Focus on product engineering and development share of Innovation in design and product development of textile and value-added paper products products Customers in 70 countries across 5 continents Global Reach Includes nine out of top ten retailers in US, six leading retailers
Slide 34: Corporate Strategy
Corporate Strategy 34 Business excellence activities like Kaizen, TQM, TPM, 5S, Change Management to have lean Continuous manufacturing resulting in efficient usage of technology Improvement TPM Policy has been formulated across the organization to achieve zero accidents, zero defects and zero break
Slide 35: Corporate Strategy
Corporate Strategy 35 Captive Power capacities – one of the lowest ratio of Focus on Cost power cost to revenue Efficiencies Leverage existing relations with suppliers in India, China & Egypt for supply of quality cotton at competitive prices Continuous focus on spreading customers geographically En
Slide 36: About Us & Investor Contacts
4 About Us & Investor Contacts
Slide 37: About Us
About Us 37 Trident Limited is the flagship company of Trident Group a USD 1 Billion global player, with its array of customers spread across 70 countries. Trident Limited is a leading manufacturer of Terry Towels, Paper, Yarn and Chemicals. The company has emerged as one of the largest manufacturer
Slide 38: Awards & Accolades
Awards & Accolades 38 … recognized by the world 2009 IKEA Best Supplier (South Asia) Quality Award 2013 Principal Partner – Bath by Sears Holdings Corporation 2009 Star Trading House for Export by GOI 2012 CITI Birla Award for Human Resource Management in Textile Mills 2007 CONCOR Best Exporter Awar
Slide 39: Investor Contacts
Investor Contacts 39 For more information about us, please visit www.tridentindia.com OR Contact: Pawan Jain / Vaibhav Goel Ishan Selarka / Nishid Solanki Trident Limited CDR India Tel: +91 161 5039 999 Tel: +91 22 6645 1232 / 1221 Fax: +91 161 5039 900 Fax: +91 22 6645 1213 Email: pawanjain@trident