Trent Limited · NSE:TRENT
Trent — Q1 FY24 Earnings Presentation
32 slides from Trent's earnings presentation, Aug 10, 2023
Slide 1: Press release cover letter to stock exchanges
9th August 2023 To To Listing Department Corporate Relations Department The National Stock Exchange of India Limited BSE Limited Exchange Plaza, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Bandra (East), Dalal Street, Mumbai 400051 Mumbai 400 001 Symbol: TRENT Scrip Code: 500251 Sub: Press Rele
Slide 2: Trent Ltd announces Q1FY24 Results
Trent Ltd announces Q1FY24 Results Portfolio of 632 fashion stores | 49 stores added during the quarter. Standalone revenues up 54% over Q1FY23 CAGR over Q1FY20: 35% for revenues and 22% for PBT Star revenues up 33% over Q1FY23 | CAGR over Q1FY20: 20% Mumbai, 9th August 2023: Trent Limited (the “Com
Slide 3: Consolidated results and Star business update
• In Q1FY24, our fashion concepts registered encouraging LFL growth of over 12% vis-à-vis Q1FY23. Across all our brands, we focus on delivering consistent value to our customers through a differentiated product portfolio. In addition, our stores continue to provide an elevated brand experience even
Slide 4: Chairman's Message
convinced that we have a differentiated & scalable model to pursue. Consequently, we see Star as a key and additional growth engine in our portfolio. A background investor presentation is also enclosed with this press release. Chairman’s Message Speaking on the performance, Mr. Noel N Tata, Chairman
Slide 5: Disclaimer and background on Westside and Zudio
Each Westside store presents international shopping ambience, superior merchandise at affordable prices and excellent service. Zudio, the value fashion format destination, operates with stores having a footprint of around 7,000-10,000 sq. ft. Zudio stores offer several product categories to meet the
Slide 6: Performance Highlights Q1FY24
PERFORMANCE HIGHLIGHTS Q1FY24
Slide 7: Disclaimer
DISCLAIMER Statements in this Presentation describing the Company’s performance may be “forward looking Statements” within the meaning of applicable securities laws and regulation. Actual results may differ materially from those directly or indirectly expressed, inferred or implied. Important factor
Slide 8: Trent Journey
TRENT JOURNEY Conceived JV 1998 2014 2019 2023 1998 2016 2022
Slide 9: Trent at a Glance
TRENT AT A GLANCE ₹8,242 Cr 9 Mn+ FY’23 Revenue WestStyleClub Members* 8 Mn+ 675+ 145+ Retail Area (sq. ft.)* No. of Stores* City Presence* Note: * As of 30th June,’23
Slide 10: Q1 FY24 Highlights
Q1 FY24 HIGHLIGHTS Standalone ₹ 2536Cr 53% ₹ 222Cr 31% ₹ 193Cr 45% Revenue Op. EBIT* PBT Consolidated ₹ 2629Cr ₹ 244Cr ₹ 212Cr Revenue 46% Op. EBIT* 31% 45% PBT (incl. share from JVs & Assoc.) Store Count 632 65 Fashion Concepts Food & Grocery *Operating EBIT % is on net revenue and is excluding non
Slide 11: Trends – Last 5 Years
TRENDS – LAST 5 YEARS Reported Revenue Operating* EBIT & PBT & Margin % Margin % 2,536 11% 8% 8% CAGR: 35% 10% 9% 11% 1,653 -34% -28% 85 169 222 86 133 193 -171 -92 -182 -110 767 327 96 -177% -189% Q1 FY20 Q1 FY21 Q1 FY22 Q1 FY23 Q1 FY24 Q1 FY20 Q1 FY21 Q1 FY22 Q1 FY23 Q1 FY24 Q1 FY20 Q1 FY21 Q1 FY2
Slide 12: Shareholding & Market Capitalization
SHAREHOLDING & MARKET CAPITALIZATION Shareholding Pattern as on 30th June’23 Market Capitalization (Rs. Cr) 2% 6% Others Bodies 62,713 7% Corp. Banks & CAGR: 43% Ins. Cos. 9% 37% Mutual Promoters Funds 38,185 30,211 Retail 21,873 15% 15,675 10,394 Foreign Corp. 24% Q1 FY19 Q1 FY20 Q1 FY21 Q1 FY22 Q1
Slide 13: i d- Tl
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Slide 14: Fashion Concepts – Westside Store Count
FASHION CONCEPTS Store Count 214 221 200 165 174 FY20 FY21 FY22 FY23 Q1 FY24 4 Mn+ 221 90 Retail Area (sq. ft.) No. of Stores City Presence
Slide 15: Westside - Brand Portfolio
WESTSIDE - BRAND PORTFOLIO I LIMITED A TATA Enterprise NIDM E.T.A WES L. 0. V. wardrobe BOO 1BRY6 STUDIOWEST Varh rounder/o ve STUDIOFIT GB? PR ISLEY SOLEPLAY T t W E S T S 1 DE _ HOME LUNA BLU ASCOT fCURVES
Slide 16: Westside Connect
WESTSIDE CONNECT Westside X Sananda Tilotama Westside X Project I am Enough Westside X Fitpage : Wesness Westside X NCPA Westside X College Fests
Slide 17: Westside Campaigns
WESTSIDE CAMPAIGNS Love Her, Limitless, Westside X Tata Neu, I AM, Westside X Swim, Westside X Limitless, Swim, Project I am Enough, Shahana Westside X Class Think Pink, Father’s collaborations Day, ETA X Sashank
Slide 18: Westside – Recent Stores
WESTSIDE – RECENT STORES Kochi Thrissur Dehradun Ludhiana
Slide 19: Fashion Concepts – Zudio Store Count
FASHION CONCEPTS Store Count 352 388 233 96 133 FY20 FY21 FY22 FY23 Q1 FY24 3 Mn+ 388 127 Retail Area (sq. ft.) No. of Stores City Presence
Slide 20: Zudio Campaigns
ZUDIO CAMPAIGNS SUMMER CAMPAIGN Living all the summer nostalgic moments through ZUDIO
Slide 21: Zudio – Recent Stores
ZUDIO – RECENT STORES Guwahati Mysuru Surat Mira Road
Slide 22: Samoh - New Concept
SAMOH - NEW CONCEPT A TATA Enterprise SAMOH A TATA Product
Slide 23: Misbu - New Concept
MISBU - NEW CONCEPT On Trend Lifestyle Irresistible Pricing
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Slide 26: Food & Grocery
FOOD & GROCERY Store Count 65 60 67 48 56 Q1 FY20 Q1 FY21 Q1 FY22 Q1 FY23 Q1 FY24 *2 new stores (36000 sqft.) added in Q1 FY24 1 Mn+ 65 10 Retail Area (sq. ft.) No. of Stores City Presence
Slide 27: Star Product Category Split
STAR PRODUCT CATEGORY SPLIT Q1 FY23 Q1 FY24 General Merchandise General & Apparel Staples 23% Staples 26% Merchandise 24% & Apparel 33% Fresh 14% FMCG 28% FMCG 36% Fresh 15% % Own Brand Share: 24% % Own Brand Share: 35% Our Own Brands
Slide 28: JRDQV (JRD Tata Quality Values) Award
JRDQV (JRD TATA QUALITY VALUES) AWARD A TATA Enterprise Congratulations Trent Recognised as JRDQV Award Winner and Industry Leader 29,h July 2023
Slide 29: Sustainability
SUSTAINABILITY Trent Inspires Trent Cares
Slide 30: Sustainability at Trent
SUSTAINABILITY AT TRENT Smart electricity solutions for store electricity and HVAC The company is in the process of implementing intelligent electricity solutions in its stores and HVAC (Heating, Ventilation, and Air Conditioning) systems to optimize energy consumption. Waste Recycling Trent has mad
Slide 31: Sustainability at Trent
SUSTAINABILITY AT TRENT Social and Environmental audit of all the vendors in the supply chain: Trent conducts social and environmental audits of its vendors to assess their compliance with ethical and sustainability standards. This approach promotes transparency, fair labor practices, and environmen
Slide 32: Thank You
Thank You For any queries, please email to: investor.relations@trent-tata.com