Slide 1: Trident Limited Q3 FY21 Earnings Presentation
Trident Limited Q3 FY21 Earnings Presentation
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: Overview
Overview Textiles Paper Largest Player in terms of Terry Towel Capacity & One of the largest Highest Operating Margin among players in Home Textile Space in India Key Listed Players in India Revenue Split between segments 9M FY21 66% 18% 16% FY20 54% 26% 20% FY19 51% 30% 19% FY18 48% 33% 19% Bath &
Slide 4: Snapshot
Snapshot Key Market Statistics 18-Jan-2021 Global Presence BSE Ticker 521064 Corporate Office : Ludhiana, Punjab NSE Ticker Trident Manufacturing Facilities at: Sanghera & Dhaula, Punjab Bloomberg Code TRID:IN Budni, Madhya Pradesh Reuters TRIE.NS Marketing Offices (India): Mumbai, Gurgaon Market Pr
Slide 5: Evolution
Evolution ▪ Inception ▪ Entered Home Textile ▪ Augmented Towel ▪ Set-up Towel Unit ▪ Set-up Towel Unit-IV & First ▪ Set-up 1st Spinning with 1st Towel with Unit –II set up – III; Bed Linen Unit TEXTILES Unit Facility Manufacturing Unit ▪ Spinning with Unit- ▪ Added Spinning ▪ Added Spinning Units -
Slide 6: Key Highlights - P&L
Key Highlights - P&L ▪ Home Textile segment sustained the demand Q3 FY21 momentum in current quarter with Bath and Bed TOTAL INCOME (INR CR) Linen Segment registering revenue growth of 45% PBT (INR CR) and 81% on Y-o-Y basis respectively 1295 19% 204 325% ▪ Sheeting segment registered 100% capacity
Slide 7: Key Highlights - B/S
Key Highlights - B/S as on Dec 31, 2020 ▪ Repayment of Long Term Debt by INR 870 Crores in 9M FY21 including prepayment of term loans NET DEBT (INR CR) LT DEBT (INR CR) amounting to INR 568 Crores 987 -627Cr 352 -699Cr ▪ Net Debt reduced significantly as on Dec 31, 2020 to INR 987 Crores as compared
Slide 8: P&L Statement (S)
P&L Statement (S) Particulars Q3 FY21 Q3 FY20 Shift Q2 FY21 Shift 9M FY21 Total Income 1294.9 1091.4 18.6% 1174.6 10.2% 3182.7 EBIDTA 300.2 153.7 95.3% 226.9 32.3% 645.8 Less: Except. Items (57.0) -- -- -- -- (57.0) Adj. EBITDA 243.1 153.7 32.3% 226.9 32.3% 588.8 EBITDA % 18.8% 14.1% +470bps 19.3% -
Slide 9: Dividend Payout
Dividend Payout Div. Amt. Year Total Div% (INR Per Share) Type %age Dividend Payout Ratio 3rd Interim 18% 65% FY20 36% 0.36/- 2nd Interim 9% 50% 1st Interim 9% 35% 27% Final 6% 3rd Interim 12% FY19 30% 0.30/- FY17 FY18 FY19 FY20 2nd Interim 6% 1st Interim 6% Historical Dividends (%age of Face Value)
Slide 10: Management Comment
Management Comment Commenting on the performance, Mr. Rajinder Gupta, Chairman at Trident Group said: “We have continued the positive momentum from the previous quarter and delivered a strong performance in third quarter. With the launch of ‘VISION 2025’ , the company will accelerate its growth mome
Slide 11: Textile - Financials
Textile - Financials Sales (INR Crores) EBIT (INR Crores) 1108 849 145 14 Q3 FY20 Q3 FY21 Q3 FY20 Q3 FY21 Capacity Utilization Towel (In 000’ tons) Bed Linen (In mn. meters) Yarn (In 000’ tons) 49% 48% 29% 62% 101% 98% 92% 49% 97% 38% 100 65% 105 % 105 % 90 55% 50 63% 60% 95% 120 95% 80 85% 85% 100
Slide 12: Paper - Financials
Paper - Financials Sales (INR Crores) EBIT (INR Crores) 233 70 182 39 Q3 FY20 Q3 FY21 Q3 FY20 Q3 FY21 Capacity Utilization (Tonnage Basis) Copier v/s Non-Copier 89% 86% 56% 87% 95% 180 85% 160 75% 140 65% 120 55% 100 45% 80 35% Copier 60 45% 175 175 175 175 Q3 FY21 25% 40 55% 15% 20 0 5% Non-Copier
Slide 13: Financial Performance
Financial Performance Net Debt D/E Ratio Net Worth ROE Net Debt (INR Cr.) Net Worth (INR Cr) 300 0 1.0 1.2 16.6% 250 0 0.8 1.0 300 0 15.0% 10.6% 18. 0% 250 0 13.3% 16. 0% 200 0 0.5 0.8 200 0 14. 0% 12. 0% 0.3 150 0 0.6 10. 0% 150 0 8.0 % 100 0 0.4 2621 2344 1614 2003 2241 2276 2550 100 0 6.0 % 987 4
Slide 14: Environmental, Social and Governance
Environmental, Social and Governance Zero Liquid Discharge Save Trees CO2 emissions E Recover 1900 million litres of water every year. 25% less than benchmark 5000+ tress every day by using wheat straw for paper mfg. Each trim of paper saves CO2 emissions equivalent to driving 21.7 miles in car SRIJ
Slide 15: Thank You
For more information about us, please visit www.tridentindia.com Abhinav Gupta/ Ankit Mahajan Investor Relations, Trident Limited Tel: +91 161 5039 999 Fax: +91 161 5039 900 Email: abhinavgupta@tridentindia.com; ankitmahajan@tridentindia.com Thank You Q3 FY21 Earnings Presentation - Trident Ltd. 15