Slide 1: Trident Limited Corporate Presentation – November 2016
Trident Limited Corporate Presentation – November 2016
Slide 2: Safe Harbour
Safe Harbour 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 the
Slide 3: Company Overview
Company Overview We Are USD 1 Billion Indian Business Conglomerate World’s Largest World’s Largest One of the Largest One of the Largest Wheat Straw based Terry Towel Integrated Home Textiles Yarn Paper manufacturer manufacturer in the world producer in India manufacturer presence in preferred suppl
Slide 4: Vision & Values
Vision & Values We Dream | Visualise | Execute Our Vision Our Values Inspired by challenge, we will To provide customer satisfaction through add value to life & prosper teamwork, based on honesty & integrity, together globally. for continuous growth & development. Recipient of several Committed to t
Slide 5: Manufacturing facilities and capacities
Manufacturing facilities and capacities Bath & Bed Linen Capacities Spinning Capacities 688 5.55 FY16 FY16 500 5504 Spindles (Lacs) Rotors Terry Towel Looms Bed Linen Looms Barnala, Punjab Paper & Pulp Capacities Budni, MP Segment Capacity 450 Terry Towel 688 Looms/ 90000 MT pa FY16 265 Bed Linen 50
Slide 6: Strength & Strategy
Strength & Strategy Vertically Integrated Vertically integrated operations (cotton-to- terry towel and cotton-to-bed linen) Adding New Markets Adding customers geographically; UK, Italy, France, Japan, Australia, and others Value Addition Focus on value added, innovative and fashion statement produc
Slide 7: Key Financial Highlights
Key Financial Highlights 10% 34% REVENUE NET DEBT 22% 27% Net Debt / Decline YoY Decline YoY EBITDA Growth YoY Growth YoY INR 1182 Cr 2348 Cr Q2 FY17 INR H1 FY17 INR 2518 Cr as on 30 Sep’16 2.6x as on 30 Sep’16 38% 30% 59% 41% EBITDA PAT Growth YoY Growth YoY Growth YoY Growth YoY INR 244 Cr Q2 FY17
Slide 8: Snapshot
Snapshot Key Market Statistics 20-Oct-2016 Shareholding Pattern September 2016 June 2016 BSE/NSE Ticker 521064 / Trident Promoters % 67.77 66.49 Industry Textiles & Paper FIIs & DIIs % 2.85 2.61 CMP (Rs) 60.05 Market Cap / Free Float (Rs. crore) 3,060 / 826 Public % 29.38 30.90 Number of Outstanding
Slide 9: Advantage India
Advantage India INDIA Geography of Choice for Cotton Quality & Availability Home Textiles Textiles: A Dominant Industry Largest producer of cotton and still growing; Employs 45 million people 25%-30% surplus across the value chain; strong available for export Govt. support to industry Favourable Gov
Slide 10: Profit and Loss Abstract- Standalone
Profit and Loss Abstract- Standalone Q2 FY17 Q2 FY16 Growth% Particulars (INR crore) H1 FY17 H1 FY16 Growth% 1181.7 972.8 21.5% Net Revenues 2348.1 1853.6 26.7% 946.8 797.2 18.8% Total Expenditure 1871.3 1480.5 26.4% 244.4 177.6 37.6% EBITDA 491.9 377.2 30.4% 104.4 81.7 27.8% Depreciation 207.9 163.
Slide 11: Key Financial Parameters
Key Financial Parameters Turnover (INR crore) ROE (%) EBIDTA (%) Net Debt : Equity (x) 3.1 20% 21% 3,884 3,784 3,733 19% 21% 17% 17% 18% 3,357 2.0 1.9 14% 2,348 1.8 1.4 8% 7% FY13 FY14 FY15 FY16 H1 FY13 FY14 FY15 FY16 H1FY17 FY13 FY14 FY15 FY16 H1FY17 FY13 FY14 FY15 FY16 H1FY17 FY17* EPS (INR) Inter
Slide 12: Q2 & H1 FY17 - Financial Highlights
Q2 & H1 FY17 - Financial Highlights Net Revenue at INR 1,182 crore in Q2FY17 compared to INR 973 crore in Q2FY16, representing a growth of 22% This was led by 34% growth in Home Textile segment for H1FY17, as a result of sustained focus & efforts on marketing, designing & product innovation EBITDA
Slide 13: Balance Sheet Abstract - Standalone
Balance Sheet Abstract - Standalone Particulars (Rs. crore) As on Sep 30, 2016 As on March 31, 2016 Sources of Funds Shareholders’ Funds Share Capital - Equity Shares 509.58 494.82 Reserves and Surplus 1315.68 1,147.15 Non-Current Financial Liabilities Long Term Borrowings 1815.78 2,136.50 Preferenc
Slide 14: Management Comment
Management Comment Commenting on the performance, Mr. Rajinder Gupta, Chairman at Trident Group said: “I am delighted to report that we have continued the positive momentum from the previous quarter and delivered robust performance in the second quarter. This was primarily driven by sustained effort
Slide 15: Key Developments
Key Developments 3 TEXPROCIL Awards for Export Performance 2015-16 • Silver Trophy for the Second Highest Exports of “Terry Towels” • Silver Trophy for the Second Highest Exports of “Cotton Yarn Counts 50s and below” • Bronze Trophy for the Third Highest Global Exports (Overall) 17th National Award
Slide 16: Global Home Textile Industry
Global Home Textile Industry • World-wide home textile market grew from 2008 to 2016 Market Size (USD bn) 117 at a CAGR of 2.7% totaling USD 111 billion (retail value). 114 111 • Main driver of this development was Asia Pacific with an 109 impressive CAGR of 9.5% over the same period. 106 104 102 •
Slide 17: India's Dominance in Home Textiles
India’s Dominance in Home Textiles India’s Dominant Export Share in US Towel & Sheeting Market • India’s export share in the US towel market has Market Share in US Towel Market improved at a rampant pace from 30% in 2009 to (USD bn) 39% in 2016. 37% 38% 39% 35% 36% 36% 30% 31% • Continuous product i
Slide 18: Domestic Home Textiles Industry
Domestic Home Textiles Industry Market Size • India’s home textile industry is expected to expand at a CAGR of (USD bn) 8.2 8.3 per cent during 2014–21 5.5 • India accounts for 7 per cent of global home textiles trade. Superior 4.7 quality makes companies in India a leader in the US and the UK, cont
Slide 19: Home Textiles
Home Textiles Towel Bed Linen Yarn 688 Looms 500 Looms 5.55 Lac Spindles & 5504 Rotors Capacity to produce 90,000 MT / 360 Million Capacity to produce 43.2 Million Meters Bed Capacity to produce 300 MT Per Day of Pieces of Towel Per Annum Linen Per Annum Cotton, Compact and Blended Yarn Supply Towel
Slide 20: Q2 FY17 - Highlights (Home Textiles)
Q2 FY17 - Highlights Revenues (INR crore) EBITDA (INR crore) Export : Domestic Mix 959.4 963.0 183.7 181.5 759.7 128.1 39% 61% Export Domestic Q2 FY16 Q1 FY17 Q2 FY17 Q2 FY16 Q1 FY17 Q2 FY17 EBIT (INR crore) Margin (%) Increase in H1FY17 (YoY) 105.4 102.1 16.9% 19.2% 18.8% Revenue : 34% 70.4 9.3% 11
Slide 21: Brands & Innovations
Brands & Innovations Brands Innovations Fibre and Design/ Finish & Wet Yarns Construction Treatment Corporate Presentation - Trident Ltd. Home Textiles 21
Slide 22: Way Forward
Way Forward Aggressive Emphasis on Marketing Strengthen Balance Sheet Strengthening presence in new markets like Robust Free Cash flow generation UK, Italy, France, Japan, Australia, South Africa expected going forward and Canada To reduce Long-term debt in a Continue to target new markets to divers
Slide 23: Paper
Paper Energy-saving operations initiated to reduce power consumption Saving 5000 Trees Everyday Agro-residue (wheat straw) & ECF pulp used to manufacture paper 72 GSM 100 GSM 75 GSM 86% Brightness 92% Brightness 88% Brightness 75 GSM 75 GSM 70 GSM 90% Brightness 90% Brightness 87% Brightness custome
Slide 24: Q2 FY17 Financial Highlights (Paper)
Q2 FY17 Financial Highlights Revenues (INR crore) EBITDA (INR crore) Export : Domestic Mix 213.2 218.9 81.8 79.4 207.0 11% 61.4 89% Export Domestic Q2 FY16 Q1 FY17 Q2 FY17 Q2 FY16 Q1 FY17 Q2 FY17 EBIT (INR crore) Margin (%) 58.6 56.4 Increase in H1FY17 (YoY) 37.6 39.5% 36.3% Revenue : 2% 28.8% EBITD
Slide 25: Way Forward
Way Forward Augment contribution from premium copier paper • Increased production of copier segment to ~60% of total paper production • Geared towards high margin copier segment • Continuous focus on spreading copier paper customers geographically • Capturing new markets globally Focus on expanding
Slide 26: Corporate Social Responsibility
Corporate Social Responsibility CSR Giving back to the Society Health Mobile dispensary launched to provide free primary health care services to poor masses in Tribal areas of Madhya Pradesh Education Govt. of India National Saakshar – Adult education Energy Conservation Award IL&FS partnership Asmi
Slide 27: Awards & Accolades
Awards & Accolades 15 TEXPROCIL Export Performance Awards 4 CII – Confederation of Indian Industry 1 ‘Supplier Achievement in Excitement 1 National Energy Conservation Awards 2016’ Award from Sam’s Club USA (NECA) ‘Best Quality Award 2016’ from 1 Niryat Shree – FIEO Awards 1 SEARS HOLDING 1 Punjab S
Slide 28: Contact Us Thank You
Contact Us Thank You For more information about us, please visit www.tridentindia.com OR Contact: Pawan Jain / Vipul Garg Anoop Poojari / Nishid Solanki Trident Limited CDR India (Citigate Dewe Rogerson) Tel: +91 161 5039 999 Tel: +91 22 6645 1211 / 1221 Fax: +91 161 5039 900 Fax: +91 22 6645 1213 E