Slide 1: Earnings Presentation Q2FY22
Earnings Presentation Q2FY22 Trident Limited Home Textile I Paper
Slide 2: Safe Harbour
Safe Harbour This presentation has been prepared by Trident Limited (the “Company”) for general information purposes only, without regard to any specific objectives, suitability, financial situations and needs of any particular person and does not constitute any recommendation or form part of any of
Slide 3: Index
Index Trident at Glance 4 Key Highlights 10 Quarterly Update & Operational 15 Highlights Summary of Financial 20 Statements Committed to the ESG & Women Empowerment 26 Way forward 28 Please click titles to reach to respective section www.tridentindia.com 3
Slide 4: Trident at Glance
TRIDENT AT GLANCE www.tridentindia.com 4
Slide 5: Trident's – A distinctive Entity
Trident’s – A distinctive Entity Leading Integrated home textile manufacturers World’s Largest wheat straw based paper manufacturer #1 in North India for Branded Copier segment USD 3bn+ Business group 150+ countries World-class Infrastructure Best-in-class technology 17,000+ employees 46+ E-
Slide 6: Competitive Advantage
Competitive Advantage Competitive cost of production Textiles: A dominant industry ▪ Competitive labor, power and raw material cost ▪ Employs 45 million people across the value chain ▪ Access to advanced technology under textile upgradation fund ▪ Strong government support to industry Favorable Gove
Slide 7: Our Global Presence
Our Global Presence Across 6 continents and 150 countries Trident Europe Ltd. First Floor, Sovereign House, Stockport Road, Cheadle, Cheshire, England – SK82EA Trident UK Office Corporate Headquarters Manufacturing Unit Sales / Liaisoning Office Trident Warehousing & NYC Office Distribution Set up U
Slide 8: Creating differentiation across brands & products
Creating differentiation across brands & products Domestic Domestic home textile brands home textile brands International International home textile textile brands brands Marquee Customers Marquee Customers Bed Bed Bath Bath Trident’s home textile brands are across a range of luxury, premium, essent
Slide 9: Shareholding and Dividend Payout
Shareholding and Dividend Payout Key Market Statistics (21st Oct 2021) (INR) Shareholding Pattern (October 2021) BSE Ticker 521064 NSE Ticker Trident Promoters 25% Bloomberg code TRID:IN Reuters TRIE.NS Non-Promoters- Non Public 2% Market Price 38.65 Market Cap (in million) 1,96,960 73% Public Outst
Slide 10: Key Highlights
KEY HIGHLIGHTS www.tridentindia.com 10
Slide 11: Result at Glance
Result at Glance REVENUE EBITDA PAT EPS INR 16,727 Mn INR 4129 Mn INR 2288 Mn 0.46 Q-o-Q 13% 8% 12% 0.05 Y-o-Y 42% 82% 128% 0.26 www.tridentindia.com 11
Slide 12: Management's Commentary
Management’s Commentary “We have continued the positive momentum from the previous quarter and delivered the best performance in the second quarter. The company is committed to embark inclusive growth for all its stakeholders and continuing to excel in future.” Mr. Rajinder Gupta Chairman, Trident G
Slide 13: What's new?
What’s new ? E-Commerce Trident Solar Energy (Website Launch) Foundation Plant Click above icons to have further information ➢ Installation of new capacity worth INR 338 Crores having of 61,440 spindles & 480 rotors including other balancing equipment in July 2021 ➢ Launch of Trident MY CHOICE noteb
Slide 14: Feathers in our cap
Feathers in our cap www.tridentindia.com 14
Slide 15: Quarterly & Operational Highlights
QUARTERLY & OPERATIONAL HIGHLIGHTS www.tridentindia.com 15
Slide 16: Quarterly Highlights (P&L)
Quarterly Highlights (P&L) Q-o-Q Y-o-Y Particulars Q2 FY22 Q1 FY22 Q2 FY21 Change Change Total Income 16,727 14,799 13% 11,744 42% EBITDA 4,129 3,825 8% 2,270 82% Depreciation 867 874 -1% 831 4% Finance Cost 199 250 -21% 123 62% PBT 3,063 2,700 13% 1,316 133% PAT 2,288 2,035 12% 1,002 128% Cash Prof
Slide 17: Quarterly Margins (P&L)
Quarterly Margins (P&L) 25.8% 24.7% 19.3% EBITDA MARGIN Revenue Exports 18000.00 75.0% 16000.00 Q2 FY21 Q1 FY22 Q2 FY22 73.0% Exports as of Revenue 14000.00 18.2% 18.3% 12000.00 71.0% EBIT MARGIN 11.2% 10000.00 69.4% 69.0% 8000.00 67.7% 67.4% 6000.00 67.0% Q2 FY21 Q1 FY22 Q2 FY22 4000.00 13.8% 13.7%
Slide 18: Quarterly Highlights (B/S)
Quarterly Highlights (B/S) NET DEBT/ EQUITY Particulars Q2 FY22 Q1 FY22 Q2 FY21 (in times) 0.35 0.30 Net Worth 35,695 33,166 31,438 0.29 Short Term Loans 9,207 10,648 7,073 Q2 FY21 Q1 FY22 Q2 FY22 Long Term Loans 3,801 3,773 3,173 Gross Debt 13,008 14,421 10,246 NET DEBT/ EBITDA Cash & Cash Equivale
Slide 19: Segment Highlights (P&L)
Segment Highlights (P&L) Q-o-Q Y-o-Y Particulars Q2 FY22 Q1 FY22 Q2 FY21 Revenue Change Change Home Textile 15% Revenue 14,067 12,821 10% 9,908 42% EBIT 2,977 2,660 12% 1,149 159% EBIT Margin 21.2% 20.7% 2% 11.6% 83% Paper 85% Revenue 2560 1,950 31% 1809 42% EBIT 612 593 3% 489 25% Home Textile Pape
Slide 20: Summary of Financial Statements
SUMMARY OF FINANCIAL STATEMENTS www.tridentindia.com 20
Slide 21: Historical P&L Statement
Historical P&L Statement Particulars FY19 FY20 FY21 Q2 FY21 Q2 FY22 Recent performance and growth Total Income 52,653 47,240 45,353 11,744 16,727 ▪ Total Revenue for the FY 21 stood at INR 45353 Mn, slightly less than FY 20 EBITDA 10,231 8653 8270 2270 4,129 owing to primarily the low sales in Q1 FY
Slide 22: Historical Balance Sheet
Historical Balance Sheet As at As at As at Recent performance Particulars March 31, 2019 March 31, 2020 March 31, 2021 ▪ Net Debt reduced from INR CAPITAL AND LIABILITIES 16,145 million in FY20 to INR Capital 5096 5096 5096 14,232 million in FY21 Reserves and surplus 24216 24573 28070 Borrowings 243
Slide 23: Financial Performance
Financial Performance REVENUE EBITDA 58% 67% 71% 150 00 35. 0% 56% 145 00 550 00 54% 80. 0% 140 00 135 00 25% 545 00 540 00 535 00 30. 0% 530 00 525 00 130 00 520 00 515 00 510 00 505 00 125 00 500 00 495 00 490 00 70. 0% 120 00 485 00 480 00 475 00 18% 470 00 115 00 465 00 20% 19% 460 00 25. 0% 455
Slide 24: Ratios Summary
Ratios Summary Type Parameters FY20 FY21 H1 FY22 Net Debt/Equity 0.54 0.42 0.29 Solvency Ratios Net Debt/EBITDA 1.87 1.72 0.63 * Interest Coverage Ratio 7.81 11.49 13.85 Current ratio 1.04 1.27 1.21 Fixed asset turnover 0.5 0.7 0.8 Inventory days 82.1 93.0 91.3 Operational Ratios Debtor days 36.0 55
Slide 25: Segmental Performance Annual
Segmental Performance Annual Revenue Mix Capacity -Towels (in 000’tons) Capacity-Bed Linen (In Mn meters) 100 64% 70% 100 80% 85% 90% Textiles 49% 53% 63% 98 45% 60% 90 80% 21% 48% 60% 80 450 00 25. 0% 70% 44% 96 Textiles 50% 400 00 70 60% 94 20. 0% 350 00 60 40% 50% 300 00 92 10% 50 15. 0% 30% 40%
Slide 26: Committed to the ESG & Women Empowerment
COMMITTED TO THE ESG & WOMEN EMPOWERMENT www.tridentindia.com 26
Slide 27: Environmental, Social and Governance
Environmental, Social and Governance ✓ Nirmal Narmada Abhiyaan every quarter to keep river 25% Narmada clean Less water 5,000+ consumption1 Trees saved/day ✓ Launch of our NGO- Trident Foundation (www.tridentfoundation.com) 600,000+ 17,000+ ✓ Revamp existing facilities, provide infrastructure and ba
Slide 28: Way Forward
WAY FORWARD www.tridentindia.com 28
Slide 29: Future prospects
Future prospects Vision 2025 3 BHAGs (BIG, HAIRY, AUDACIOUS GOALS) Unlock long term shareholder value OBJECTIVES IMPERATIVES Improve return ratios through capital allocation strategies 1 Expansion of existing businesses through Grow to Rs Grow core business 250,000 Mn by Capitalize on recent gro
Slide 30: CAPEX Plans
CAPEX Plans Particulars Yarn Sheeting Co-Gen Existing Capacity Spindles- 5.89 Lacs; Rotors- 1.2 Lacs 49.4 MW 7,464 and Air Jet – 160 Mtrs/day Existing Capacity Utilization 90% 83% 71% (Approx.) Proposed Capacity Addition Spindles- 98,496 & Rotors-3600 70,000 16.3 MW Mtrs/day ➢ The total cost of addi
Slide 31: E-commerce – The way forward
E-commerce – The way forward Home Textile D2C Site India mytrident.com Virtual Showroom Online Expanding Dedicated Presence Reach Team Agile Warehousing 46+ 17+ 50+ E-commerce Countries in last last 12 12 Strong E-commerce websites months team www.tridentindia.com 31
Slide 32: Thank You
For further details please contact- Abhinav Gupta/ Rahul Sharma Investor Relations, Trident Limited Thank You Tel: +91 161 5039 999 Fax: +91 161 5039 900 Email: corp.relations@tridentindia.com www.tridentindia.com 32