Touchwood Entertainment Ltd. · NSE:TOUCHWOOD
Touchwood Entertainment — Investor Presentation (November 2019)
54 slides from Touchwood Entertainment's investor presentation, Nov 5, 2019
Slide 1: Touchwood Entertainment Limited
Entertainment Wedding Management TOUCHWOOD Live Events ENTERTAINMENT LIMITED November 2019 Political Activation Exhibits Design & Decor Corporate Events Destination Wedding
Slide 2: Agenda
Agenda 1. About Us 03 2. Event Management Industry 11 3. Our Key Offerings 17 4. Touchwood Curated IPs 26 5. Operational and Financial Performance 36 6. Corporate Governance 42 7. Key Takeaways 49 November 2019 22
Slide 3: About Us
About Us Exhibitions November 2019 www.touchwood.in 01
Slide 4: Who We Are?
Who We Are? Only Listed Event Management Company in India Entertainment Live Events Political Events Exhibitions Design & Decor Wedding Curated IPs Management Be it a social party, The real test of an Worked with political Touchwood Exhibits Concentrating on corporate events, a event management part
Slide 5: Why Touchwood Group?
Why Touchwood Group? An award wining enterprise with more than 2 decades of experience in managing the events Two decades of One stop solution to In depth market Tie up with all experience and all wedding and analysis of the latest types of hospitality offers expert advice event needs themes & trend
Slide 6: Milestones
Milestones 2002: Signed 10 Bollywood singers and managed 2014: Started international destination weddings them for more than a decade 2015: Started venues in the name of VEDA in Delhi 2005: Became India’s No.1 talent management company 2016: First company to handle international presidential electio
Slide 7: Touchwood Event Management Process
Touchwood Event Management Process Well defined and professionally managed Event Management Process Ideation Designing Conceptualisation and Goal setting of In-house and vendor provided designs the entire event to match the taste of the client 360 Degree Management Planning Start to finish managemen
Slide 8: Marquee Events
Marquee Events Pioneer in managing large format events and weddings Dilbagh Wedding Sanghi Wedding Dawat Basmati Rice Saifai Mahotsav TDI Builders November 2019 88
Slide 9: Key Business Highlights
Key Business Highlights Delivering Consistent Operational and Financial Performance 34.6% Rs. 3,276 8 countries 12 Lakhs International Total Events Global Events Presence 3 Year Revenue CAGR FY2019 Revenue Rs. 495 Lakhs Rs. 310 Lakhs 30 1002 15.1 % 9.5 % Cities Covered Total Events FY2019 EBITDA and
Slide 10: Key Business Highlights – H1 FY2020
Key Business Highlights – H1 FY2020 Board approved raising of equity capital upto Rs. 50 Crores to fund expansion plans 1. Gourmet Entertainment Show (IP) Rs. 173 Lakhs ➢ Event was successfully held at Convention Centre in Gurgaon on 1 & 2 Rs. 876 Lakhs 19.7 % August 2019 ➢ India’s only experiential
Slide 11: Event Management Industry
Event Management Industry November 2019
Slide 12: Overview
Overview ➢ The industry grew at 15.6% in 2018 led by the launch Indian Event Management Industry (Rs. billion) of many large format events, intellectual properties (IPs), weddings, sports and digital activation ➢ The number of events grew by 9% over 2017, led by 112 bn digital events which grew 35%
Slide 13: Growth Drivers
Growth Drivers Favourable Demographics Digitalization and Social Media ❑ Second largest population in the world and youngest nation with average age of 28 years ❑ Urbanisation and increase in disposable income further ❑ Digitization and technological advancements across the value driving spending on
Slide 14: Indian Wedding Industry
Indian Wedding Industry Approx. 50% of India’s 1.3 Incomes are growing, GDP per Social media penetration capita is expected to reach leading to showcase of aspirational bn population is under US$3,000 by 2023 (8%+ CAGR) the age of 30 weddings $50 billion • Indian wedding market is • Destination/Cura
Slide 15: Wedding Trends
Wedding Trends Current status is reflection of Indian weddings, today, are changing tastes, social mores, very dynamic and are exposure and lifestyle choices constantly evolving one of Indian consumers Sophistication in changing Hosts and guests alike are in a fashion choices, food habits and race t
Slide 16: Intellectual Properties
Intellectual Properties Curated Intellectual Properties (IPs) • IP refers to any event or activation whose intellectual property (i.e., the concept, logo, name, format, etc.) is wholly or partly owned by the event management company. Some examples of IPs are India International Film Awards, India Bi
Slide 17: Our Key Offerings
Our Key Offerings November 2019 03
Slide 18: 1. Wedding Management: International
1. Wedding Management: International 12 100% 8% 1. Istanbul 5. Dubai Events Growth in FY2019 Conducted in events over 5 Contribution Last 5 Years years to Revenue 2. Bodrum 6. Muscat 3. Antalya 7. Galle 1 2 3 45 6 7 4. Abu Dhabi 8. Mauritius 8 November 2019 18 18
Slide 19: 1. Wedding Management: Domestic
1. Wedding Management: Domestic Jaipur Goa Udaipur Mussoorie Kochi Jodhpur 250 17% Events FY2019 Conducted in Contribution to Last 5 Years Revenue November 2019 19 19
Slide 20: 1. Wedding Management: Value Proposition
1. Wedding Management: Value Proposition Best experts in various fields of floral, A capable and dedicated team for set design, décor, etc. on a single customized holistic solutions creating platform to create a fantastic, ultra unparallel experiences magical experience End-to-end solutions backed b
Slide 21: 2. Entertainment
2. Entertainment We create and deliver experiential entertainment and are known to execute them flawlessly. We are market leaders in designing and accomplishing highly polished, incredibly glamorous and spell bounding events Our Expertise Covers Bollywood Television Ambitainment Artists & Artists Ac
Slide 22: 3. Live Events
3. Live Events Yoga Festival National Youth Festival Indian Gramin Cricket League 30 15% Events FY2019 Conducted in Contribution to Last 5 Years Revenue Bharat Kesari Dangal Saifai Mahotsav November 2019 22 22
Slide 23: 4. Political Events
4. Political Events Leveraging latest technology and insights from social media & data analytics with superior execution to deliver effective and impactful campaign activation for successful political events Define the Objective Understand Voter Segments Strategy Demographic Information Party Affili
Slide 24: 5. Exhibitions
5. Exhibitions What We Do 3D Booth Graphic Booth Consultation Design Production Construction 10% 100 Installation, Events FY2019 Onsite Trade Show Contribution Dismantling & Conducted Shipping Supervision Management to Revenue November 2019 24 24
Slide 25: 6. Design And Décor
6. Design And Décor • Integration of creativity and technology to all 150 20% events Events FY2019 • Provide classy and elegant décor Conducted in Contribution to Last 5 years Revenue • Pay attention to every detail November 2019 25 25
Slide 26: Touchwood Curated IPs
Touchwood Curated IPs November 2019
Slide 27: Our Curated IPs
Our Curated IPs Synergistic to Touchwoods existing business and Curated IP to drive future growth November 2019 27 27
Slide 28: 1. Gourmet Entertainment Show
1. Gourmet Entertainment Show Platform created to take forward the Two-day event designed to enable planners culinary journey of celebrations in India on to learn from the best in the business of to a world stage Gourmet Entertainment Discussions with leading authorities from Featuring showcases fro
Slide 29: 1. Gourmet Entertainment Show
1. Gourmet Entertainment Show 35+ 4000 High Profile Total Caters & Attendees Event was held at Wedding Convention Centre in Designers Gurgaon on 1 & 2 August 2019 India’s only experiential showcase platform of all things F&B at 500+ High Profile Weddings and 1000+ Wedding & Events HNIs Event Planner
Slide 30: 1. Gourmet Entertainment Show: Strategy
1. Gourmet Entertainment Show: Strategy Strategy Going Forward Wedding and event planners Day 1 Venue operators & Dedicated to owners Restaurants and Quick Associations & Going Service influencers forward Restaurants Day 2 Target Stalwarts of the F&B & South and Audience catering business West India
Slide 31: Catering Industry Overview
Catering Industry Overview Catering Industry is expected to reach US$ 185 billion by 2023 Key Industry Highlights • 70% controlled by local unorganised sector Projected to grow at a $ 185 billion • Increased mergers and acquisitions by top CAGR of more by 2023 players to improve capabilities than 6%
Slide 32: 2. Make Me Up – About Us
2. Make Me Up – About Us An E-Commerce platform containing services as well as products related to the beauty segment About Us Vision Model Offering Uniqueness To create Make Me Up, India’s biggest One stop solution An E-Commerce Subscription based platform that for products and First B2C platform p
Slide 33: 2. Make Me Up – Offerings
2. Make Me Up – Offerings Starting with four verticals, subscription-based approach to access all premium services in beauty and health segment & became leader in the metro cities 1. Products – Selling all kinds of original branded beauty products 2. Home Services – Connecting with best beauty profe
Slide 34: 2. Make Me Up – Why?
2. Make Me Up – Why? Synergistic to Touchwood existing business and Curated IP to drive to future growth Activation and Common target promotion of Make Me audience and Up across Touchwood integration of social events such as Wedding, media platform to drive Live Events, Exhibitions subscriber Experi
Slide 35: Make Up Industry Overview
Make Up Industry Overview Global Market Domestic Market $863 Billion Ecommerce $20 Billion Stable by 2024 with and Social by 2025 with Consumer CAGR of 7% Media CAGR of 25% Demand ✓ Digitalization and E-commerce is driving the growth ✓ Increase in disposable income & spending power to increase domes
Slide 36: Operational and Financial Performance
Operational and Financial Performance November 2019
Slide 37: Events Trend
Events Trend 328 3,230 245 158 152 1,810 131 1,310 1,230 610 2015 2016 2017 2018 2019 Total Events (#) Revenue (Rs.Lakhs) November 2019 37 37
Slide 38: Financial Performance
Financial Performance Revenue (Rs. Lakhs) 3,275 2,249 1,417 1,816 1,027 1342 876 400 FY 17 FY 18 FY 19 H1 FY 18 H2 FY18 H1 FY19 H2 FY19 H1 FY20 Total Income Total Income November 2019 Note: Amount in Rs. Lakh 38 38
Slide 39: Financial Performance
Financial Performance EBITDA (Rs. Lakhs) and Margins (%) 17.1% 16.1% 19.7% 17.3% 19.8% 15.1% 495 10.5% 310 7.9% 210 32 278 107 388 173 FY 17 FY 18 FY 19 H1 FY 18 H2 FY18 H1 FY19 H2 FY19 H1 FY20 EBITDA Margin (%) EBITDA Margin (%) November 2019 Note: Amount in Rs. Lakh 39 39
Slide 40: Financial Performance
Financial Performance PAT (Rs. Lakhs) and Margins (%) 9.5% 11.6% 8.3% 7.6% 310 10.6% 10.0% 4.7% 151 101 0.3% 1 150 48 262 88 FY 17 FY 18 FY 19 H1 FY 18 H2 FY18 H1 FY19 H2 FY19 H1 FY20 Net Profit Margin (%) Net Profit Margin (%) November 2019 Note: Amount in Rs. Lakh 40 40
Slide 41: Financial Performance
Financial Performance (Rs. Lakhs) Sep-2018 Mar-2019 Sep-2019 ROCE Long Term Debt 21 34 21 Short Term Debt 0 0 22 Total Debt 21 34 43 Less: Cash & Cash Equivalents 372 387 294 16% 35% 23% Net Debt / (Net Cash) (351) (352) (251) Sep-18 Mar-19 Sep-19 Net Worth 930 1,192 1,181 ROE EBITDA 107 495 173 Net
Slide 42: Corporate Governance
Corporate Governance November 2019
Slide 43: Experienced Board of Directors
Experienced Board of Directors Mr. Manjit Singh Mr. Vijay Arora Chairman & Managing Director Whole time Director Experience: 20 Years in captive and Experience: 19 Years in managing large experiential marketing and advertising format, people & process-oriented deliveries. Education: MBA Education: B
Slide 44: Experienced Board of Directors
Experienced Board of Directors Mr. Manjeet Singh Saini Ms. Paruldeep Kaur Independent Director Independent Director Experience: 20 years. Promoter and Director Experience: 6 years. Consultant in finance in Nexgtech Net Solutions Pvt. Ltd , in and she assists the clients to assess their Nexgtech Infr
Slide 45: Senior Management
Senior Management Dinesh Singla Kanika Arora Chief Financial Officer Associate Director Education: Masters In Mass Education: MBA (Finance) Communication Shrey Khandelwal Aayush Kumar Associate Director Senior Manager Entertainment Education: B.Com Education: MBA November 2019 45 45
Slide 46: Committees and Auditors
Committees and Auditors Audit Committee Stakeholders Relationship Committee Name of Nature of Name of Nature of Designation Designation Director Directorship Director Directorship Non-Executive and Executive and Non Paruldeep Kaur Chairperson Manjit Singh Chairman Independent Independent Michael Ant
Slide 47: Shareholding Structure
Shareholding Structure Shareholding Pattern 30.16% 4.20% 7.86% 2.85% 69.84% 0.52% 0.29% Promoters Others Body Corporates Employees HUF NRI November 2019 Note: shareholding structure as on 31-03-19 47 47
Slide 48: Awards
To bring thi Beauties home every year is a ritual now. ves GOLD BRONZE BEST SOCIAL EVENT OTHER THAN WEDDING ATION WEDDING
Slide 49: Key Takeaways
Key Takeaways November 2019
Slide 50: Growth Strategy
Growth Strategy Organic growth of Creating existing businesses Intellectual through client acquisition properties, which will and geographic expansion provide competitive advantages and higher brand recognition Expanding event Integration of infrastructure digital initiatives chain across offerings
Slide 51: Investment Rationale
Investment Rationale Established track record with proven Only listed event management company, experience of over two decades with strong corporate governance practices Adequately capitalized balance sheet Strong growth prospects & and robust cash flows capable management for guidance Company has w
Slide 52: Investment Rationale
Investment Rationale Track record of delivering a consistent revenue growth with improved margins : • Revenue grew at a CAGR of 29% in last 3 years • Dividend payout ratio of 23% in H1 FY2020 • Net cash and cash equivalents of Rs. 294 lakhs at the end of September 2019 • Delivered Return on Equity o
Slide 53: Disclaimer
Disclaimer This presentation contains statements that are “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to Touchwood’ future business developments and economic performance. While these
Slide 54: Registered Office
Entertainment Wedding Management Live Events Political Activation Exhibits Design & Decor Corporate Events Destination Wedding REGISTERED OFFICE Plot No. 645 Near E.P.T Block, Sarojini Nagar, New Delhi, Delhi - 110023 E-mail: info@touchwood.in • Web: www.touchwood.in
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