Slide 1: Unveiling World's Largest Terry Towel Facility
Unveiling World’s Largest Terry Towel Facility … Performance Overview Presentation FY14 / Q4 FY14
Slide 2: Safe Harbor
Safe Harbor 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: Financial Highlights, Business Highlights, Strategy
Financial Highlights Business Highlights Strategy About Us and Investor Contacts
Slide 4: Key Financial Parameters
Total Debt (Rs. crore) Debt : Equity (x) Key Financial 2,284 2,240 3.6 1,916 1,862 3.5 3.4 3.2 Parameters 1,711 2.0 Reduction in total debt led by repayment and prepayment of loans FY10 FY11 FY12 FY13 FY14 FY10 FY11 FY12 FY13 FY14 Debt / Equity Ratio at a comfortable level of 2:1 ROCE (%) ROE (%) 21
Slide 5: FY14 Financial Highlights
FY14 Financial Highlights Net Revenue higher by 15.7% at Rs. 3884.0 crore from Rs. 3356.8 crore; EBITDA improved from Rs. 577.8 crore to Rs. 743.9 crore; up 28.7% • EBIDTA Margin stood at 19.2% PAT enhanced to Rs. 197.0 crore from Rs. 49.3 crore Diluted EPS (non-annualized) increased to Rs. 6.15 fro
Slide 6: FY14 Operational Highlights
FY14 Operational Highlights Net Sales higher on account of improved utilization rates resultant to increased product off-take across products viz. Yarn, Terry Towel and Paper combined with improved realizations as a result of enhancing the product mix towards value-added products EBIDTA Margins high
Slide 7: Profit & Loss Abstract
Profit & Loss Abstract Q4 FY13 Q4 FY13 Growth % Particulars (Rs. crore) FY14 FY13 Growth % 990.2 895.7 10.5 Net Revenue 3884.0 3,356.8 15.7 836.5 715.9 16.8 Total Expenditure 3141.2 2,779.9 13.0 553.3 489.0 13.1 - Material Consumed 2052.0 1,841.6 11.4 283.2 226.9 24.8 - Other Costs & Expenses 1089.3
Slide 8: Balance Sheet Abstract
Balance Sheet Abstract Particulars (Rs. crore) As at March 31, 2014 As at March 31, 2013 Sources of Funds Share Capital 311.1 310.8 Reserves and Surplus 576.8 395.4 Share Warrants 43.0 -- Long Term Borrowings 765.9 949.2 Other Non Current Liabilities 112.8 111.3 Current Liabilities 1375.0 1,520.1 TO
Slide 9: Management Comment
Management Comment Commenting on the performance, Mr. Arun Goyal, Chief Financial Officer at Trident Limited, said: “I am pleased to share that Trident has demonstrated a benchmark performance in FY14. This is on the back of healthy growth across all products viz. Yarn, Terry Towel & Paper. Our thru
Slide 10: Financial Highlights, Business Highlights, Strategy
Financial Highlights Business Highlights Strategy About Us and Investor Contacts
Slide 11: Trident Yarn
“0 TRIDENT Trident Yarn
Slide 12: Product Portfolio
One of the Largest Yarn Spinners in India 365,904 Spindles & 3,584 Rotors Spindles (in Lacs) 3.66 3.66 3.66 6,825 TPA of Yarn Processing 2.24 State of the Art Machinery imported from LMW- 1.76 India, Rieter- Switzerland, Murata- Japan, Zinser- Germany & Savio- Italy *100% polyester and *Combed
Slide 13: Quarterly Financial Highlights
Revenue (Rs. crore) EBITDA (Rs. crore) Quarterly Financial 460.9 489.5 526.9 71.8 78.3 Highlights 60.6 Revenue increased by 14.3% compared to Q4 FY13 Margins under pressure due to Q4 FY13 Q3 FY14 Q4 FY14 Q4 FY13 Q3 FY14 Q4 FY14 increase in raw material cost resulting from arrival of new cotton crop
Slide 14: Yearly Financial Highlights
Revenue (Rs. crore) EBITDA (Rs. crore) Yearly Financial 1,978.5 346.1 Highlights 244.4 Revenue increased by 17.5% 1,683.7 Improvement in margins due to focus on value added FY13 FY14 FY13 FY14 products and business excellence initiatives EBIT (Rs. crore) Margin (%) EBITDA increased from INR 244.4 23
Slide 15: Operational Highlights
Production (in MT) Sales (in MT) 22,285 22,337 23,269 Operational Highlights 22,387 21,464 Yearly Sales and Production 21,606 volumes improved by 2.9% NSR improved to INR 2.26 Q4 FY13 Q3 FY14 Q4 FY14 Q4 FY13 Q3 FY14 Q4 FY14 Lac / MT during FY14 compared to INR 1.99 Lac / MT during FY13, registering
Slide 16: Q4 FY14 Performance Overview & Outlook
Q4 FY14 Performance Overview & Outlook Topline grew by 14.3% to Rs. 526.9 crore compared to Rs. 460.9 crore in the corresponding quarter last year • While sales volume improved by 3.9%, realizations improved by 10% • Improvement in realizations driven by the enhanced focus on value-added products Ra
Slide 17: Trident Terry Towel
) TRIDENT Be Wide ay MV TRIDENT Trident Terry Towel
Slide 18: Product Portfolio
World’s Largest Integrated Terry Towel Manufacturer Capacity increased by 300 looms due to Looms merger of Trident Corporation Limited with Trident Limited 688 Implemented the world‟s largest terry towel project at a single facility 374 388 388 388 Finishes Types *100% cotton basic uni-dyed towel *B
Slide 19: Quarterly Financial Highlights
Revenue (Rs. crore) 65.97 EBITDA (Rs. crore) Quarterly Financial 412.0 356.5 57.22 54.53 Highlights 319.9 Revenue increased by 11.4% compared to Q4 FY13 Growth driven by increased Q4 FY13 Q3 FY14 Q4 FY14 Q4 FY13 Q3 FY14 Q4 FY14 focus on expanding presence in the domestic markets EBIT (Rs. crore) Mar
Slide 20: Yearly Financial Highlights
Revenue (Rs. crore) EBITDA (Rs. crore) Yearly Financial 1,446.9 214.4 Highlights 176.2 Revenue increased by 14% 1,269.4 Improvement in EBITDA from INR 176.2 Cr to INR 214.4 Cr; FY13 FY14 FY13 FY14 a growth of 21.7% EBITDA margin improved by EBIT (Rs. crore) Margin (%) 94 bps 16.0% 14.8% 161.3 13.9%
Slide 21: Operational Highlights
Production (in MT) Sales (in MT) 7,510 7,214 6,775 8,260 8,803 7,336 Operational Highlights While sales volume declined by 6.6% during FY14 compared to FY13, NSR improved by 22.1%; more than Q4 FY13 Q3 FY14 Q4 FY14 Q4 FY13 Q3 FY14 Q4 FY14 offsetting the impact on revenue due to lower sales Productio
Slide 22: Q4 FY14 Performance Overview & Outlook
Q4 FY14 Performance Overview & Outlook Topline growth of 11.4% driven by increase in realizations: • Realizations improved by 25.50% backed by greater focus on value-added products Worked on developing new customer base • Trident brand presence at 16 Reliance Market stores pan-India • Increased pres
Slide 23: Trident Paper
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Slide 24: Product Portfolio
World’s Largest Wheat Straw-based Paper Manufacturer Agro-residue (wheat straw) and ECF pulp Paper (tpd) Pulp (tpd) used to manufacture paper 500 450 450 450 450 450 Customers across 35 countries including 400 India, Middle East, Africa, US, Latin America 300 265 265 265 265 265 and UK, among others
Slide 25: Quarterly Financial Highlights
Revenue (Rs. crore) EBITDA (Rs. crore) Quarterly Financial 58.6 197.0 215.4 221.1 56.5 Highlights Revenue increased by 12.2% 50.6 in Q4 FY14 compared to Q4 FY13 Q4 FY13 Q3 FY14 Q4 FY14 Q4 FY13 Q3 FY14 Q4 FY14 Improvement in EBITDA by 11.7% EBIT (Rs. crore) Margin (%) EBITDA margin sustained at 27.2%
Slide 26: Yearly Financial Highlights
Revenue (Rs. crore) EBITDA (Rs. crore) Yearly Financial 835.7 230.2 Highlights Revenue increased by 15.3% 724.8 194.4 Improvement in EBITDA margin due to focus on FY13 FY14 FY13 FY14 branded copier products and business excellence initiatives EBIT (Rs. crore) Margin (%) EBITDA increased by 18.4% 132
Slide 27: Operational Highlights
Production (in MT) Sales (in MT) 40,763 38,769 39,031 38,538 39,477 39,210 Operational Highlights Yearly Sales volume improved by 2.4% NSR improved to INR 53 Q4 FY13 Q3 FY14 Q4 FY14 Q4 FY13 Q3 FY14 Q4 FY14 Thousand / MT during FY14 compared to INR 47 Thousand / MT during FY13, registering Production
Slide 28: Q4 FY14 Performance Overview & Outlook
Q4 FY14 Performance Overview & Outlook Topline growth of 12.2% driven by increase in realizations • Sales volume decreased by 3.8% while realizations improved by 16.7% • Improved realizations resulting from enhanced product mix towards the copier segment Encouraging results from the branding initiat
Slide 29: Financial Highlights, Business Highlights, Strategy
Financial Highlights Business Highlights Strategy About Us and Investor Contacts
Slide 30: Strategy
30 Strategy Business excellence activities like Kaizen, TQM, TPM, 5S, Change Management to have lean manufacturing resulting in efficient usage of Continuous technology Improvement TPM Policy has been formulated across the organization to achieve zero accidents, zero defects and zero breakdowns Inno
Slide 31: Strategy
31 Strategy Captive Power capacities – one of the lowest ratio of power cost to Focus on Cost revenue Efficiencies Leverage existing relations with suppliers in India, China & Egypt for supply of quality cotton at competitive prices Continuous focus on spreading customers geographically Entry in New
Slide 32: Post Expansion Facilities
Post Expansion Facilities Operations Business Existing Post ongoing expansions 3.66 Lac Spindles 5.42 Lac Spindles Yarn 3,584 Rotors 5,500 Rotors Dyed Yarn 6,825 TPA 6,825 TPA Terry Towels 688 Looms 688 Looms Sheeting --- 500 Looms Paper 175,000 TPA 2,00,000 TPA Sulphuric Acid 100,000 TPA 100,000 TP
Slide 33: Financial Highlights, Business Highlights, Strategy
Financial Highlights Business Highlights Strategy About Us and Investor Contacts
Slide 34: About Us
About Us Trident Limited is the flagship company of Trident Group, a USD 1 Billion global player, with its array of customers spread across 75 countries. Trident Limited is a leading manufacturer of Terry Towels, Paper, Yarn and Chemicals. The company has emerged as one of the largest manufacturers
Slide 35: Awards and Accolades
Awards and Accolades … recognized by the world 4 times Wal-Mart Supplier of the Year Awards 3 times JC Penney Awards (Best Supplier, Innovation & Quality) 2 Ikea Quality and Sustainability Awards 3 Corporate Governance Awards Texprocil Export Performance Awards
Slide 36: Investor Contacts
Investor Contacts For more information about us, please visit www.tridentindia.com OR Contact: Pawan Jain / Vaibhav Goel Ishan Selarka / Nishid Solanki Trident Limited CDR India Tel: +91 161 5039 999 Tel: +91 22 6645 1232 / 1221 Fax: +91 161 5039 900 Fax: +91 22 6645 1213 Email: pawanjain@tridentind