Indo Count Industries Limited · NSE:ICIL
Indo Count Industries — Q2 FY22 Earnings Presentation
42 slides from Indo Count Industries's earnings presentation, Oct 26, 2021
Slide 1: Indo Count Industries Ltd
INDO COUNT Complete Comfort October 26, 2021 The National Stock Exchange of India Ltd. BSELimited Listing Department Department of Corporate Services Exchange Plaza, Floor 25, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Bandra (East), Dalal Street, Mumbai - 400 051 Mumbai - 400 001 Company Symb
Slide 2: Q2FY22 Investor Presentation
~ zn Q2FY22 Investor Presentation Indo Count Industries Limited October 2021
Slide 3: Safe Harbour
SAFE HARBOUR Complete Comfort 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 su
Slide 4: Chairman's Message
CHAIRMAN’S MESSAGE Complete Comrort Commenting on the results, Mr. Anil Kumar Jain - Executive Chairman said, “The Company’s intrinsic strength has been demonstrated by its operational performance in conjunction with consistent cash accruals. The unprecedented supply chain challenges have been impac
Slide 5: Q2FY22 Performance Highlights
Q2FY22 PERFORMANCE HIGHLIGHTS
Slide 6: Resilient & Growing
RESILIENT & GROWING…. 11 Complete Comfort Highest ever half yearly REVENUE Highest ever half yearly EBITDA Particulars (Rs. In Crs) Q2FY22 Q2FY21 YoY% H1FY22* H1FY21 YoY% Total Income 767 724 6% 1,476 1,060 39% EBITDA 139 127 10% 267 166 61% EBITDA Margin 18.2% 17.5% 64 bps 18.1% 15.6% 245 bps Navig
Slide 7: Sales Volume Performance
SALES VOLUME PERFORMANCE Complete Comfort in million meters -- H1 Performance I QoQ Performance I ~ Annual Performance __ . -- +13.3% +4.2% CAGR: 17% 85-90 37.0 # 18.9 * 18.1 32.7 78.2 61.8 57.5 H1FY21 H1FY22 Q1FY22 Q2FY22 FY19 FY20 FY21 FY22E *10% of Q2FY22 volumes has been shipped and in transit d
Slide 8: Improving Performance Ratios
IMPROVING PERFORMANCE RATIOS Complete Comfort ROE ROCE # # 22.8% 26.1% 19.4% 24.0% 16.7% 10.8% 6.1% 7.4% FY19 FY20* FY21 H1FY22* FY19 FY20* FY21 H1FY22* NET DEBT/EQUITY NET DEBT/EBITDA EBIT/INTEREST 0.31 1.41 13.2 # 0.24 10.4 0.20 0.18 0.75 0.71 0.63 5.0 3.7 FY19 FY20 FY21 H1FY22* FY19 FY20 FY21 H1F
Slide 9: H1 FY22 Consolidated Financial Performance
H1 FY22 CONSOLIDATED FINANCIAL PERFORMANCE Complete Comfort Particulars (Rs. Crs) Q2FY22 Q2FY21 YoY% H1FY22 H1FY21 YoY% Total Income 767 724 6% 1,476* 1,060 39% EBITDA 139 127 10% 267* 166 61% EBITDA Margin (%) 18.2% 17.5% 64 bps 18.1%* 15.6% 245 bps Depreciation 10 11 20 22 Finance Cost 12 5 24 10
Slide 10: Consolidated Balance Sheet
CONSOLIDATED BALANCE SHEET Complete Comfort ASSETS (Rs.Crs) 30-Sep-21 31-Mar-21 EQUITY AND LIABILITIES (Rs.Crs) 30-Sep-21 31-Mar-21 Non-Current Assets Equity Property, Plant & equipment 559 540 Equity Share Capital 39 39 Capital Work in progress 11 8 Other Equity 1,406 1,245 Right of Use 16 18 Non C
Slide 11: Consolidated Cash Flow Statement
CONSOLIDATED CASH FLOW STATEMENT Complete Comfort Particulars (Rs. Crs) 30-Sep-21 31-Mar-21 Profit before Tax & Exceptional 273 343 Adjustment for Depreciation & other items 25 141 Operating profit before working capital changes 299 484 Changes in working capital (322) (425) Cash generated from oper
Slide 12: New Capacity to Drive Next Leg of Growth
NEW CAPACITY TO DRIVE NEXT LEG OF GROWTH Complete Comfort BROWNFIELD EXPANSION Capex of Rs.200 Crs • Expansion of its bed linen capacity by ~ 20% existing annual capacity of 90 Mn metres to 108 Mn metres by debottlenecking and balancing facilities • Brownfield investment for adding commensurate cut
Slide 13: Industry Performance
INDUSTRY PERFORMANCE
Slide 14: Strong Rebound in USA Retail Sales
STRONG REBOUND IN USA RETAIL SALES Complete Comfort US Retail sales Historical Retail Sales ($ in trillions) July to September 2021 January to September 2021 4.44 – 4.56 14.5% 3.67 3.81 4.02 14.9% 3.38 3.51 2.84 2.94 3.03 3.17 3.28 2.70 Jul-Sep’20 Jul-Sep’21 Jan-Sep’20 Jan-Sep’21 2010 2011 2012 2013
Slide 15: Retail Ecommerce Sales in US
RETAIL ECOMMERCE SALES IN US Complete Comfort US Retail Ecommerce Sales: 2019 – 2025 US Retail Ecommerce landscape: H1 2021 +22% 0.44 0.36 H1 2020 H1 2021 Retail Ecommerce Sales (US$ Trillions) Source: census.gov 32.4% Online shopping has emerged as the most demanding 15.1% 21.4% 23.6% and popular o
Slide 16: Significant Growth in Indian Home Textile Exports Market
SIGNIFICANT GROWTH IN INDIAN HOME TEXTILE EXPORTS MARKET Complete Comfort Indian Home Textile Market – Exports, USD Millions +9% 5,728 5,272 ✓ The Indian Home Textile export demand mainly driven by the US, the largest market, Q1FY20 1,327 accounting for 60% of India’s home textile exports Q1FY21 714
Slide 17: India Gaining Market Share in USA Home Textiles Market
INDIA GAINING MARKET SHARE IN USA HOME TEXTILES MARKET Complete Comfort US imports of Cotton Sheets US imports of Cotton Pillow cases US imports of Cotton Bedspread 75 75 75 60 60 60 45 45 45 30 30 30 15 15 15 0 0 0 CY19 CY20 Jan-Aug21 CY19 CY20 Jan-Aug21 CY19 CY20 Jan-Aug21 India 50 52 59 India 53
Slide 18: Factors Playing Out for Indian Home Textile Players
FACTORS PLAYING OUT FOR INDIAN HOME TEXTILE PLAYERS Complete Comfort AVAILABILITY OF RM CHINA + 1 STRATEGY Abundant availability of raw material 01 CHINA + 1 strategy to play out as 04 – India is the world’s largest cotton brands will seek second source producer ‘HOME’ HAS BECOME A ATMANIRBHAR BHARA
Slide 19: Company Snapshot
COMPANY SNAPSHOT
Slide 20: About Us
ABOUT US Complote Comfort Largest manufacturer and exporter of bed sheets, bed linen, quilts from India while being the top bed Domestic Business sheet supplier to the US Launch of B2C & D2C brands Comprehensive product portfolio in the premium segment that comprises of bed sheets, fashion bedding,
Slide 21: Our Global Reach
OUR GLOBAL REACH Complete Comfort SERVICES (WORLD OVER) us Product Development EDI-based replenishment services Market Research Total Supply Chain Solutions Inventory Planning Innovation UK /" 4········..·························IND .... ..... UAE·..········ ..·..·.·.·.·.··········· ..·..··· ..·.·.·
Slide 22: Expanded Market Opportunity with Foray into Newer Products
EXPANDED MARKET OPPORTUNITY WITH FORAY INTO NEWER PRODUCTS Complete Comfort Bed Sheets Fashion Bedding Utility Bedding Institutional Bedding Flat Sheet Comforters & Duvets Mattress Pads, Basic white sheets Fitted Sheets Shams & Decorative Protectors, Pillows Shams & Pillows Pillow-cases Pillows Quil
Slide 23: Foray in B2C & D2C Segment
- - ~-- FORAY IN B2C & D2C SEGMENT
Slide 24: Enhancing Domestic Presence – Boutique Living & Layers
ENHANCING DOMESTIC PRESENCE – BOUTIQUE LIVING & LAYERS Complete Comfort CAMPAIGNS IN INDIAN MARKET MARKETING STRATEGIES 0- BOUTIQ_UE " IV, ... co • Influencer marketing via local influencers • Initiated Personal based marketing and created ad campaigns for impressions and link clicks • Amazon, Faceb
Slide 25: Activities During the Quarter – Boutique Living
ACTIVITIES DURING THE QUARTER – BOUTIQUE LIVING Complete Comfort CAMPAIGNS EGYPTIAN COTTON CREATIVES GANESH CHATURTHI IRIS GAZE COLLECTION o BOUTIQUE .. I V I Pi C; Bring home an English garden with Iris Gaze 24
Slide 26: Activities During the Quarter – Layers
ACTIVITIES DURING THE QUARTER – LAYERS Complete Comfort CAMPAIGNS RAKSHA BANDHAN OLYMPIC GOLD: NEERAJ CHOPRA Layers Layers A Gold in Olympics. And a first ever in athletics. #C>lyrnpics2021 PATRIOTIC MOOD OF THE MONTH FRIENDSHIP DAY MOOD _OF. /.""... ... THE ( ~OH~ Layers· Layers- 25 Drt!ss upyourho
Slide 27: Growing Our Brand Portfolio
GROWING OUR BRAND PORTFOLIO Complete Comforl Health & Hygiene Performance Brand Organic Cotton Brand Color based range Kids focused Brand Brand Diversified Brand Portfolio III S W~~l ~r~ SLEEP'Rx [jJ1iIle' ear t h : COLOR SENSE C Ell 0 - THE- Layers BOUTIQUE 0 BOUTIQUE Purjt~ (OTTON EXCHANGE l I V I
Slide 28: Licensed Brand Tie-up for Global Markets
LICENSED BRAND TIE-UP FOR GLOBAL MARKETS Complete Comfort The The partnership partnership will will support support Indo Count’s Count's long long term term vision to be the cornerstone for home cornerstone for home textiles textiles across the globe globe ▪ Announced new partnership with a licensed
Slide 29: Sustainability Is in Our DNA
SUSTAINABILITY IS IN OUR DNA
Slide 30: Sustainability Initiatives
SUSTAINABLITY INITIATIVES complete Comfort The programme aims at improving Associated with SAC (Sustainable Apparel awareness among the farmers to cultivate Coalition) through HIGG index tool. Two of our sustainable forms of cotton. facilities at Gokul and Kagal have been certified with the Sustaina
Slide 31: Sustainability Initiatives
SUSTAINABLITY INITIATIVES Complete Comfort Indo Count has contributed towards Project Indo Count is determined to protect the planet and -', ',- Gigaton since inception for reducing GHG people by contributing to climate change reduction by ~ emissions through various initiatives. adopting of more re
Slide 32: ESG Initiatives
ESG INITIATIVES Complete Comfort Environmental Social Governance • Installed renewable energy • CSR activities revolves around Education, • Experience Board of Directors in the home • Recycling and reuse of water through Healthcare, Water sanitation and Women textiles industry modernized ETP plant E
Slide 33: CSR Initiatives
CSR INITIATIVES Complete Comfort EDUCATION ~EDUCATION ~ HEALTHCARE HEALTHCARE • We developed and adopted multifaceted approach through E- learning to increase attendance and stimulate learning • Medical Vans reaching 100 rural villages around Kolhapur amongst students providing free medicines and ch
Slide 34: CSR Initiatives
CSR INITIATIVES Complete Comfort CITI , CORA AGAN • A Cotton initiative of INDO COUNT FOUN TION 33
Slide 35: Awards & Recognitions
.' \..:..::._ ..... ;.~~'.: .'.\'.:':..' .'\J: .....:i~'~ AWARDS & RECOGNITIONS
Slide 36: Mahatma Award for CSR Excellence
MAHATMA AWARD FOR CSR EXCELLENCE Complete Comfort Mahatma Award recognizes and celebrates impact leaders and change makers across the globe, who are making social impact and leading the way to a sustainable future. The prestigious Mahatma Award 2021 India was conferred to Indo Count Foundation under
Slide 37: Texprocil Export Awards 2019-20
TEXPROCIL EXPORT AWARDS 2019-20 Complete Comforl Indo Count Industries Ltd. wins for a second consecutive year, two golds at Texprocil Export Awards 2019-20 (rW7~ Gold Trophy for the Highest Highest export export performance performance in in Cotton Cotton '\\V' Made Made Ups-Bed Ups-Bed Linen/Bed L
Slide 38: Recognized by Walmart as Top Performer Supplier
RECOGNIZED BY WALMART CORPORATION AS ‘TOP PERFORMER’ SUPPLIER Complete Comfort ✓ Recognized as ‘Top Performer’ suppliers at Walmart’s Global Sourcing Sustainability Summit In Re'co'glnition ✓ In Walmart ‘Project Gigaton’, Indo Count has contributed Of Your Achievement of Gi'9Ia-GuruStatus In Project
Slide 39: Recognition to Our Domestic Brands
RECOGNITION TO OUR DOMESTIC BRANDS complete Comfort ‘BOUTIQUE LIVING’ FELICITATED BY ‘LAYERS’ RECOGNIZED AS THE ECONOMIC TIMES AS ‘ET ICONIC BRAND OF 2021’ ‘THE FEMINA POWER BRAND OF THE YEAR 2021’ An Iconic award from an Iconic brand! ... ~ INDO I:;OUNT LAYERS IS PROUD TO BEA FEMINA Proud to be rec
Slide 40: Youth Icon Textile Award
YOUTH ICON TEXTILE AWARD Complete Comfort Mr. Mohit Jain honoured with The Economic Times Business Leader: Youth Icon Textiles Award 2021 The 2021 edition of the Awards aimed to bring to the forefront noteworthy business leaders who are spearheading our economy by inspiring accelerated and sustainab
Slide 41: Healthcare CSR of the Year 2021
HEALTHCARE CSR OF THE YEAR 2021 Complete Comfort ▪ Honoured with the Navabharat Group 'Healthcare CSR of the Year’ Award O~r;J1 ... ...... ~+~~ ~"II. ULlHCARf AWARDS ~'--20tl-- ~ .1;] ▪ The recognition was conferred to Indo Count by the Governor of Maharashtra, for our work towards 'ii5.l....'o/J<'a
Slide 42: Contact Us
CONTACT US Complete Comfort Company : Investor Relations Advisors : INDO COUNT SGA Strategic Growth Advisors Cornploto Comfort Indo Count Industries Limited Strategic Growth Advisors Pvt. Ltd. CIN: L72200PN1988PLC068972 CIN: U74140MH2010PTC204285 Mr. K.R. Lalpuria, Executive Director & C.E.O Mr. Sho
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