Indo Count Industries Limited · NSE:ICIL
Indo Count Industries — Q1 FY18 Earnings Presentation
31 slides from Indo Count Industries's earnings presentation, August 2017
Slide 1: Investor Presentation Q1FY18
Investor Presentation Q1FY18 1
Slide 2: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Indo Count Industries Ltd (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any sec
Slide 3: Chairman’s Message
Chairman’s Message Commenting on the results, Mr. Anil Kumar Jain, Executive Chairman, “The quarter gone by has been challenging for us and the Industry. Slow off-take by our Customers coupled with lower amortization of operational costs has impacted our margin profile. We believe in our wide and in
Slide 4: Awards and Recognition
Awards and Recognition Mr. Mohit Jain, Managing Director, was honoured with one of “India’s Top 40 under Forty”, a prestigious celebration of India’s best business leaders, entrepreneurs and professionals under the age of 40. Economic Times, India’s leading Business Newspaper, in partnership with co
Slide 5: Financial Performance
Indo Count COMPLETE COMFORT
Slide 6: Standalone Key Financial Indicators
Standalone Key Financial Indicators REVENUE (RS.CRS) EBITDA (RS.CRS) 432 493 65 110 Q1FY18 Q1FY17 Q1FY18 Q1FY17 EBIT (RS.CRS) PAT (RS.CRS) 58 102 32 60 Q1FY18 Q1FY17 Q1FY18 Q1FY17 CASH PAT (RS.CRS.) NET DEBT/EQUITY (X) 40 80 0.33 0.48 Q1FY18 Q1FY17 Q1FY18 Q1FY17 6
Slide 7: Standalone Profit & Loss Statement
Standalone Profit & Loss Statement Particular (Rs. Crs) Q1 FY18 Q4 FY17 Q1 FY17 Total Revenue 431.8 512.9 492.6 Expenses Material Consumed 216.5 245.4 254.8 Employee Benefits 28.1 30.8 26.0 Power & Fuel Cost 20.0 19.2 14.8 Other Expenses 101.9 127.4 86.8 EBITDA 65.3 90.1 110.3 EBITDA Margin % 15.1%
Slide 8: Key Highlights of Q1 FY18
Key Highlights of Q1 FY18 ➢ We began FY18 guiding 62-63mn sales volume based on annual off-take estimates of our customers. Q1FY18 witnessed de-stocking resulting in off-take deferment from some of our customers which has resulted in Sales de-growth. ➢ We continue to work closely with our Customers
Slide 9: Standalone Financial Highlights: Q1FY18
Standalone Financial Highlights: Q1FY18 Revenue (Rs. In crs) EBITDA (Rs. In crs) 493 513 110 432 90 65 Q1 FY17 Q4 FY17 Q1 FY18 Q1 FY17 Q4 FY17 Q1 FY18 PAT (Rs. In crs) Cash PAT (Rs. In crs) 60 80 49 69 32 40 Q1 FY17 Q4 FY17 Q1 FY18 Q1 FY17 Q4 FY17 Q1 FY18 9
Slide 10: Standalone Margin Profile: Q1FY18
Standalone Margin Profile: Q1FY18 EBITDA (%) PBT (%) 22.4% 18.8% 17.6% 14.3% 15.1% 11.5% Q1 FY17 Q4 FY17 Q1 FY18 Q1 FY17 Q4 FY17 Q1 FY18 PAT (%) Cash PAT (%) 12.2% 16.2% 13.5% 9.5% 7.4% 9.3% Q1 FY17 Q4 FY17 Q1 FY18 Q1 FY17 Q4 FY17 Q1 FY18 10
Slide 11: Standalone Ratio Analysis: Q1FY18
Standalone Ratio Analysis: Q1FY18 ROCE (%)* ROE (%)* 35.4% 27.5% 29.8% 23.1% 31-Mar-17 30-Jun-17 31-Mar-17 30-Jun-17 Net Debt/Equity (x) Interest Coverage (x) 0.39 10.43 0.33 7.04 31-Mar-17 30-Jun-17 Q1 FY17 Q1 FY18 11 * On TTM basis
Slide 12: Business Highlights
Indo Count COMPLETE COMFORT 12
Slide 13: Indo Count: At Glance
Indo Count: At Glance 25+ 2nd 11th 56 90 mn Years Largest Largest Countries mtrs Manufacturer Rich and Exporter Experience of Bed Sheets, Home textile Capacity Global Trade in Bed Linen, supplier Presence Textile Quilts from into USA Segment India 13
Slide 14: Business Highlights: Two-Pronged Strategy
Business Highlights: Two-Pronged Strategy Increased Product Offerings Geographic Expansion • Well established Global Home • Currently exporting to 56 Textiles Manufacturer countries • Efforts on continuous basis to • “One Stop Shop for Bedding” expand the Global footprint by entering newer geographi
Slide 15: The Indo Count Approach
Indo Count COMPLETE COMFORT 15
Slide 16: Advantage Indo Count
Advantage Indo Count Asset Light 01 Established Client Base Continuous across Categories Investment in Technology 05 02 Strong in-house R&D and Designer Team 04 03 Proven Market Expertise 16
Slide 17: Own Lifestyle Brands
Indo Count COMPLETE COMFORT oP REVIVAL ie BOUTIQUE LIVING NEW YORK CITY COLLECTION 17
Slide 18: Licensed Lifestyle Brands
Licensed Lifestyle Brands 18
Slide 19: Brand in India
Brand in India Presence across 20 states and sold across 148 cities with 310 stores in India Online foray to reach to the vast customer base - www.boutiquelivingindia.com 19
Slide 20: Global Presence
Global Presence India U.S.A. U.K. AUSTRALIA ▪ Headquarters in ▪ Showroom and ▪ Showroom, ▪ Showroom, Mumbai design studio in design studio design studio in New York and warehouse Melbourne ▪ Manufacturing in Manchester facilities in ▪ Warehouse for Kolhapur, distribution at Maharashtra Charlotte ▪ S
Slide 21: ‘Focussed Market’ Approach
‘Focussed Market’ Approach * Actual photographs of the HGH Exhibition on 4th-6th July 2017 Technology advancement for Customized Offerings Building Brand Portfolio Enhanced Product Mix with High Value Products Increasing Target Market Domestic Brand Development Global Presence & ‘Customer First’ App
Slide 22: Industry Perspective
Indo Count COMPLETE COMFORT 22
Slide 23: Global Home Textile Market
Global Home Textile Market In USD Bn 131 +3.5% CAGR ▪ Global Home Textile Market is expected to grow at CAGR of 3.5% from 2016 to 2020 96 86 ▪ Indian products has gained a significant market share in global home textiles in the past few years. Accounts for 7% of global home textiles trade ▪ China’s
Slide 24: Domestic Textile and Apparel Industry
Domestic Textile and Apparel Industry In USD Bn Domestic Textile and Apparel Total Textile and Apparel Industry Industry Export +10.2% 223 82 CAGR +15.4% CAGR 137 40 2016 2021P 2016 2021P ▪ India is the third largest exporter of textiles in the world ▪ Over the past few years, Indian products have g
Slide 25: Domestic Home Textile Market
Domestic Home Textile Market In USD Bn Domestic Home Textile Market Market Size of Home Textiles 45 +8% 40 8 CAGR 35 30 6 5 25 20 15 10 5 2014 2016E 2021E 0 India China Brazil US ▪ Domestic Home Textile Market is expected to ▪ Annual per capita consumption of home textiles is grow at a CAGR of 8% ab
Slide 26: EU Import of Textile
EU Import of Textile In USD Mn India is the second fastest growing country in EU region inspite of no FTA Agreement -5.7% 2,937 2,769 -3.4% 1,427 1,379 +3.7% +4.5% 749 777 664 694 China India Turkey Pakistan 2016 2017 26 Source: Texprocil
Slide 27: US Import of Cotton Textile
US Import of Cotton Textile In USD Mn India’s share in the largest ‘Single Country’ market – USA has been growing consistently +2.8% 1,413 1,374 +11.5% 715 641 +5.8% 328 347 -13.6% 66 57 China India Turkey Pakistan 2016 2017 27 Source: Texprocil
Slide 28: Domestic Cotton Outlook
Domestic Cotton Outlook Cotton Prices expected to be Increase in Stable Domestic Consumption by 5% in FY18 Increase in Production- acreage to increase 10%-15% to near 120 million hectares in FY18 28 Source: IndiaRatings and Research Report
Slide 29: Our Future Agenda
Our Future Agenda ▪ Efficient Utilization of All Resources ▪ Increase Global Market Presence ▪ Promote Domestic Brand Pan India ▪ Judicious Capital Allocation 29
Slide 30: About Us
About Us Indo Count Industries Ltd (ICIL) (part of S&P BSE 500), is one of India’s largest Home Textile manufacturer. Under the leadership of Mr Anil Kumar Jain, Executive Chairman, who has been awarded as one of the India’s Best Top 100 CEO’s 2016, the Company has focused on some of the world’s fin
Slide 31: Investor Contact
Investor Contact For further information please contact: Indo Count Industries Limited CIN: L72200PN1988PLC068972 Mr. K.R. Lalpuria - Executive Director kklalpuria@indocount.com Mr. Dilip Ghorawat – Chief Financial Officer dilip.ghorawat@indocount.com Ms. Ruchita Maheshwari – Sr. Manager Investor Re
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