Trident Limited · NSE:TRIDENT
Trident — Non-Deal Roadshow (September 2017)
30 slides from Trident's roadshow presentation, Sep 27, 2017
Slide 1: Trident Limited Investor Presentation - Sep 2017
Trident Limited Investor Presentation - Sep 2017
Slide 2: Disclaimer
Disclaimer 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 offe
Slide 3: Table of Content
Table of Content Corporate Overview Industry Overview Textile Business Paper Business Financials 2
Slide 4: Corporate Overview
Corporate Overview
Slide 5: Trident Limited – An Overview
Trident Limited – An Overview Textiles Paper Largest Player in terms of Terry Towel Capacity & Textile One of the largest players in Home Textile Space in India Highest Operating Margin Paper among Key Listed Players in India Revenue Split between segments Q1FY18 49% 33% 18% FY17 49% 33% 18% FY16 46
Slide 6: Evolution of the Group
Evolution of the Group Inception Entered Home Textile Augmented Towel Set-up Towel Unit Set-up Towel Unit-IV & First Set-up 1st with 1st Towel with Unit –II set – III; Bed Linen Unit TEXTILES Spinning Unit Manufacturing Unit up Added Spinning Added Spinning Units - VII, Facility Set up Spinning Unit
Slide 7: Experienced Board & Management Team
Experienced Board & Management Team Pallavi Shardul Shroff, Independent Chairperson Abhishek Gupta, Chief Executive Officer • 35+ years of experience • Spearheaded the branding initiatives of Copier Paper • National Practice Head of Dispute Resolution • International Marketing from Harvard Business
Slide 8: CSR Initiatives
CSR Initiatives Free medical consultation, tests & medicines; Free eye surgeries; Mobile PHD Chamber Award Health dispensary to provide free primary for Outstanding health care Contribution to Social Welfare for 2016 Saakshar - Adult education; IL&FS Education & partnership; Students received free E
Slide 9: Awards & Accolades
Awards & Accolades Accredited with ‘Egyptian Gold Seal’ for Yarn, Terry Towel & Bed Linen Products from ‘Cotton Egypt Association’ ASSOCHAM Leadership Award PMI India Project of the (CEO), 2016 Year ‘Large’ Category ‘Export Excellence Award’ in ‘Star Trading House-Non-MSME’ ‘Astitva Samman 2017’ • ‘
Slide 10: Industry Overview
Industry Overview
Slide 11: Global Home Textile Industry
Global Home Textile Industry Global Home Textiles Market is Expected to reach India is the biggest supplier of Terry Towel and Bed Sheet to US $131.5 billion by 2020 (As on Q1CY17) Bed Linen Market share of major Terry Towel Market share of major Bed Linen & Bed 60.8 (cotton) suppliers to the US (co
Slide 12: Indian Home Textile Industry
Indian Home Textile Industry Domestic Home Textile Industry Home Textile industry in India is Highly Unorganised 4 Year CAGR 16% Unorganised 165 Players 142 70.0% Organised Players 122 106 (Rs Bn) 91 30.0% 2011-12 2012-13 2013-14 2014-15 2015-16 The size of the Indian Home Textile Industry was estim
Slide 13: Indian Paper Industry: Gaining Momentum
Indian Paper Industry: Gaining Momentum Annual per Capita Paper Consumption (in Kgs) Growth Outlook Writing & Printing Paper Copier 76 5.7 1.3 55 (Million Tonnes) 27 10 4.3 0.8 China Indonesia Worl Avg India Consumption below average indicates strong headroom for growth in India FY17 FY22E FY17 FY22
Slide 14: Textile Business
4 TRIDENTGROUP” Textile Business
Slide 15: One of the World’s Largest Integrated Textile Manufacturer
One of the World’s Largest Integrated Textile Manufacturer Vertical Integration…. ….and Fully Integrated Manufacturing Process Yarn Yarn Textile Bath Linen Manufacturing Processes Bed Linen Manufacturing Processes Automatic Bale Carding 100% Cotton Yarn, Compact Yarn, Air-Rich, Plucker Zero Twist, B
Slide 16: Business Overview
Business Overview Infrastructure Overview Segment Revenue (Textiles) in Rs Crs 3,864 Bath Bed 2,626 Yarn Linen Linen Budni, MP Budni, MP Budni, MP • 1 Unit • 5 Units FY13 FY17* • 1 Unit • 300 Looms • 500 Looms • 3.65 Lac Spindles *Ind AS Figures • 50760 MT/pa • 2880 Rotors • 42.96 Mn Mtrs/pa Barnala
Slide 17: Our Strategy
Our Strategy • Leverage existing customer relationship • Continue to focus on innovation • Further strengthen our brand and market to further expand our Bed Linen and developing value added share in the growing retail textile business business products. in India. • Improve brand presence through mul
Slide 18: Focus on Innovation and Value Added Products
Focus on Innovation and Value Added Products • Superior Cotton Yarn • Durable Compact Yarn • Feather Soft Sheet • Quick Dry • Enhanced Lustre & • Super Soft Vibrant Shades • Moisture Management • Everlasting Touch • Breathable • Superior Softness • All Season Sheet • Bio Softness • Super Soft • Supe
Slide 19: Branding & Marketing Activities
Branding & Marketing Activities Essential Range to Luxury Range category with brands in Multi Brand Outlets 18
Slide 20: Branding & Marketing Activities
Branding & Marketing Activities Design Studio in New York Design Studio in Cheshire (UK) 19
Slide 21: Paper Business
4 TRIDENTGROUP”
Slide 22: Business Overview
Business Overview INFRASTRUCTURE FINANCIALS Segment Revenue (Paper) in INR Crs 725 872 FY13 FY17* *Ind AS Figures Barnala, Punjab 2 Units 175,000 MTPA Paper Product Mix – Increasing Copier Sales Volume Share 88% 89% 83% 55% 48% 175 175 175 45% 52% FY16 FY17 Q1FY18 Installed Capacity Utilization FY13
Slide 23: Business Model
Business Model Raw Material Sourcing Distribution Customer presence across 54 countries Adequate wheat straw is available locally including India, the Middle East, Africa, at attractive pricing. the US, Latin America and the UK location advantage in procurement of Copier paper is among the top-selli
Slide 24: Branding & Marketing Activities
Branding & Marketing Activities Eco Friendly Wheat Straw based Paper 72 GSM 100 GSM 75 GSM High Quality 86% Brightness 92% Brightness 88% Brightness 75 GSM 80 GSM 70 GSM Jam Free 90% Brightness 90% Brightness 87% Brightness Differentiated Product/ Brand to target distinct end consumers as per their
Slide 25: Financial Overview
4 TRIDENTGROUP” Financial Overview a ~
Slide 26: Financial Track Record
Financial Track Record EBITDA margins have improved on the back of better utilization Net Revenue (INR Crore) and operational rationalization EBITDA (INR Cr) EBITDA Margin 4,839 20.40% 20.50% 3,884 3,779 3,744 3,357 19.10% 18.40% 17.20% 577 743 695 763 992 FY13 FY14 FY15 FY16* FY17* FY13 FY14 FY15 F
Slide 27: Dividend Policy
Dividend Policy Minimum Annual Maximum Annual Dividend Payout Ratio Dividend Dividend 41% 6% 33% 29% 27% of Face Value of Net Profit 23% (Including Dividend Distribution Tax) Total Year Dividend Type %age Dividend% FY15 FY16 FY17 Q1FY18 Q1FY18 6% 1st Interim 6% Final 3% Historical Dividends (%age of
Slide 28: Key Performance – Q1FY18
Key Performance – Q1FY18 Profit & Loss Account Balance Sheet Q1 FY18 as on June 30, 2017 REVENUE (INR CR) PAT (INR CR) NET DEBT (INR CR) LT DEBT (INR CR) 1,210 +3.3% 89 +13.2% 2,669 -45Cr 1,821 -227Cr Q1FY17: 1172 Q1FY17: 78 FY17: 2714 FY17: 2048 EBIDTA (INR CR) PBT (INR) NET DEBT/EQUITY NET DEBT/EB
Slide 29: Share Price Performance & Shareholding
Share Price Performance & Shareholding Key Market Statistics 9th-Sep-2017 Institutional Holding BSE Ticker 521064 3% Non Institutional NSE Ticker Trident Holding Bloomberg Code TRID:IN 29% Reuters TRIE.NS Market Cap ₹ 4,981 Cr | $ 778 mn Promoter and Number of Outstanding Shares (Crore) 50.96 Promot
Slide 30: Thank You
(7 TRIDENT ™ Thank You 29