Slide 1: Investor Presentation - March 2021
Investor Presentation- March 2021 Trident Limited Home Textile I Paper Started out with just a few bundles of raw cotton and a dream!
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: Index
Index 1. About Trident- Who We Are and Our Transformation Journey 2. Shareholding Snapshot 3. Dividend Payout 4. Management Commentary & Awards 5. Financial Highlights 6. Home Textile Industry 7. Paper Industry 8. Our Stance on ESG 9. Going Forward-Vision 2025- 3 BHAGs
Slide 4: Who We Are
“7 TRIDENTGROUP™ Who We Are
Slide 5: We Are
We Are USD 1 BILLION Business Group One of The LEADING INTEGRATED HOME TEXTILE MANUFACTURERS in The World WORLD’S LARGEST Wheat Straw Based Paper Manufacturer Committed to the ENVIRONMENT, CSR, GOVERNANCE AND WOMEN EMPOWERMENT BEST IN CLASS TECHNOLOGY Recipient of Several CORPORATE & CUSTOMER PARTNE
Slide 6: Trident's Transformation Journey
Trident’s Transformation Journey 1990-2000 1 3 2010-2020 • Horizonal diversification in Value • Started as a yarn . Added Segment- Bed Linen manufacturer in 1990 with Value Addition & • Achieved No. 1 position in North 17k spindles and scaled up Started as a Consolidation Phase India for Branded Cop
Slide 7: Our Global Presence
Our Global Presence Global footprint across 6 continents US Office: Trident Europe Ltd. 295, Fifth Avenue, First Floor, Sovereign House, Suite 612, New York, Stockport Road, NY 10016, USA Cheadle, Cheshire, England – SK82EA Investor Presentation - Trident Ltd. 7
Slide 8: Shareholding Snapshot
Shareholding Snapshot Key Market Statistics 14-May-2021 Stock Price Movement 16.95 BSE Ticker 521064 14.05 NSE Ticker Trident Bloomberg Code TRID:IN 9.9 Reuters TRIE.NS 6.5 6.95 6.7 Market Price (Rs) 16.95 4.25 Market Cap (INR Crore) 8634 Number of Outstanding 509.60 Shares (Crore) Jan-20 Mar-20 Jun
Slide 9: Dividend Payout
Dividend Payout Year Total Div% Div. Amt. (INR Per Share) Dividend Payout Ratio 65% FY21 36% 0.36/- 53% 50% 35% 27% FY20 36% 0.36/- FY17 FY18 FY19 FY20 FY21 FY19 30% 0.30/- Historical Dividends (%age of Face Value) 36% 36% 30% FY18 15% 0.15/- 15% 15% FY17 15% 0.15/- *Dividend Distribution Policy is
Slide 10: Management Commentary & Awards
Management Commentary & Awards Commenting on the performance, Mr. Rajinder Gupta, Chairman at Trident Group said: “The company has delivered strong performance during the year despite the challenges posed by Covid-19. We hope to maintain a strong momentum going forward & harness our efforts towards
Slide 11: Financial Highlights
“7 TRIDENTGROUP™ Financial Highlights
Slide 12: Key Highlights - P&L (Q4 FY21)
Key Highlights - P&L ▪ Q4 have seen robust growth of 36% on Y-o-Y Q4 FY21 basis driven by Home Textile segment with Bath TOTAL INCOME (INR CR) PBT (INR CR) and Bed Linen Segment registering revenue growth of 52% and 109% on Y-o-Y basis 1353 36% 96 126% respectively Q4 FY20: 997 Q4 FY20 : 43 ▪ Sheeti
Slide 13: Key Highlights - P&L (FY21)
Key Highlights - P&L ▪ Total Revenue for the FY 21 stood at INR 4535 crores, slightly FY21 less than FY 20 owing to primarily the low sales in Q1 in which the operations of the Company were hampered by TOTAL INCOME (INR CR) PBT (INR CR) lockdown 4535 -4% 445 6% ▪ Sheeting segment recorded around 60%
Slide 14: P&L Statement
P&L Statement Particulars (INR Crore) Q4 FY21 Q4 FY20 Shift (Q-o-Q) FY21 FY20 Shift (Y-o-Y) Total Income 1353 997 35.71% 4535 4724 -4.00% EBITDA 238 152 56.58% 827 865 -4.43% EBITDA % 17.61% 15.24% 237 bps 18.23% 18.30% -7 bps Depreciation 88 82 7.32% 336 333 0.81% EBIT 150 70 113.04% 491 532 -7.71%
Slide 15: P&L - Last 5 Years
P&L - Last 5 Years Revenue Exports Revenue (INR Cr.) EBITDA (INR Cr) EBITDA EBITDA Margin 500 0 58% 67% 80% 56% 56% 20.5% 18.2% 54% 70% 60% 500 19.6% 19.4% 18.3% 25. 0% 20. 0% 50% 15. 0% 40% 30% 1023 4640 4833 5265 4724 4535 10. 0% 991 914 865 827 20% 5.0 % 10% 0 0% 0 0.0 % FY17 FY18 FY19 FY20 FY21
Slide 16: Key Highlights - B/S
Key Highlights - B/S as on Mar 31, 2021 ▪ Total Repayment of INR 1034 Crores in FY21 including prepayment of term loans amounting NET DEBT (INR CR) LT DEBT (INR CR) more than INR 650 Crores 1423 -191Cr 302 -749Cr ▪ Net Debt reduced from INR 1614.5 Crores as on Mar 31, 2020 to INR 1423.2 Crores as on
Slide 17: Balance Sheet
Balance Sheet As on As on As on As on Particulars (INR crore) Particulars (INR crore) Mar 31, 2021 Mar 31, 2020 Mar 31, 2021 Mar 31, 2020 Application of Funds Source of Funds Non Current Assets 3941 3975 Property, Plant & Equipment 3697.9 3573.4 Equity 3316.6 2966.9 Capital Work-in-Progress 57.1 140
Slide 18: Balance Sheet - Last 5 Years
Balance Sheet - Last 5 Years Net Debt D/E Ratio Net Worth ROE Net Debt (INR Cr.) Net Worth (INR Cr) 300 0 1.0 1.0 1.2 18.6% 0.8 16.6% 15.0% 250 0 1.0 300 0 13.2% 20. 0% 13.3% 18. 0% 250 0 0.5 16. 0% 200 0 0.8 150 0 0.4 0.6 200 0 14. 0% 12. 0% 150 0 10. 0% 2714 2621 2344 1614 1423 1816 2003 2241 2276
Slide 19: Home Textile Industry Global
Home Textile Industry Global US Home Textile Market: Country Wise Share 2021 Global Home Textile Industry (USD Billion) Country Bath Linen Bed Linen CAGR 5% India 43% 48% 66 70 42 52 China 20% 9% 27 Pakistan 22% 16% Others 15% 7% 2005 2010 2015 2019 2025 (P) Europe Home Textile Market: Country Wise
Slide 20: Home Textile Industry India
Home Textile Industry India Indian Home Textile Industry (USD Billion) India’s home textile industry is CAGR 8.28% expected to expand from around USD 5 8.2 billion to approximate USD 8.2 billion in 4.7 4.95 2021 registering CAGR of around 8.28% Abundant availability of raw material and manpower rend
Slide 21: Best in Class Brands
Best in Class Brands Domestic Brands Tie-up with Kathy Ireland • Licensing agreement with ‘Kathy Ireland® Worldwide Inc, a California Corporation’ • Listed as one of the most powerful global brand by License Global magazine • Exclusive right to use for Home Textile products • Will further enhance Tr
Slide 22: Our Marquee Customers
Our Marquee Customers Global Presence Revenue Top 5 Customers Countries Revenue Contribution From Exports Investor Presentation - Trident Ltd. 22
Slide 23: Home Textile - Financials
Home Textile - Financials Sales EBIT Margin Sales (INR Crores) Sales (INR Crores) EBIT (INR Crores) 10.1% 430 0 10.4% 12. 0% 420 0 8.2% 8.0% 10. 0% 6.1% 410 0 8.0 % 400 0 1132 390 0 6.0 % 112 777 380 0 3939 4223 4.0 % 3816 3780 3778 370 0 1132 2.0 % 33 360 0 350 0 0.0 % FY17 FY18 FY19 FY20 FY21 Q4 F
Slide 24: Advantage Paper
Advantage Paper Trident is the world’s largest wheat straw- Our Brands based paper manufacturer • Annual capacity of 175,000 MT • Uses wheat straw, an eco-friendly raw material, which is a by-product of wheat • Enabling lowest raw material to sales ratio among peers Double digit contribution in FY 2
Slide 25: Paper - Financials
Paper - Financials Sales EBIT Margin Sales (INR Crores) Sales (INR Crores) EBIT (INR Crores) 37.1% 33.6% 120 0 32.1% 25.5% 40. 0% 100 0 26.2% 35. 0% 30. 0% 800 25. 0% 600 20. 0% 214 218 15. 0% 875 858 997 400 923 705 59 10. 0% 58 200 5.0 % 0 0.0 % FY17 FY18 FY19 FY20 FY21 Q4 FY 20 Q4 FY21 Q4 FY 20 Q
Slide 26: Environmental, Social and Governance
Environmental, Social and Governance By practising Zero Liquid Discharge, we recover 1900 million litres of water every year. We closely watch our water consumption keeping it 25% less than global benchmark and recycling it at every step We save 5000+ tress every day by using wheat straw as the main
Slide 27: Environmental, Social and Governance
Environmental, Social and Governance To keep river Narmada clean, we run Nirmal Narmada Abhiyaan every quarter with voluntary participation from hundreds of employees and local residents We support schools and anganwadi centres by revamping existing facilities, providing infrastructure and ensuring
Slide 28: Environmental, Social and Governance
Environmental, Social and Governance Ratings Diversified Board of Directors CARE 83% 50% 2 AA (Stable Outlook): Independent Non-Executive Independent Woman Long Term Borrowings Chairperson Directors Directors Director A1+: Short Term Borrowings India Rating AA (Stable Outlook) : Awards & Recognition
Slide 29: Going Forward
“7 TRIDENTGROUP™ Going Forward
Slide 30: Advantage Home Textile
Advantage Home Textile Trident’s Home Textile business is backward integrated with yarn which has benefitted • Lower variance in profitability vis-a vis peers • Hedge against raw material price fluctuations • Maintenance of high quality standards throughout the manufacturing process • Ensure traceab
Slide 31: E-Commerce - The Way Forward
E-Commerce- The Way Forward Home Textile E-Com Own Brand Revenue Q-o-Q Q4 Vs Q3 FY21 14% Y-o-Y FY21 Vs FY20 560% Online Expanding Dedicated Presence Reach Team Investor Presentation - Trident Ltd. 31
Slide 32: Vision 2025 BHAGs
Vision 2025 3 BHAGs Believing being different is normal therefore exploring new horizons with our “VISION 2025”- 3 BHAGs (BIG, HAIRY, AUDACIOUS GOALS) 1. Grow to INR 25,000 Crore by 2025 with 12% bottom line 2.Making Trident a National Brand 3. Digital Trident- Manoeuvring through Industry 4.0 Journ
Slide 33: Imperatives to achieve Vision 2025
Imperatives to achieve Vision 2025 GROW CORE BUSINESS 01 Capitalize on recent growing retail trends - Online & Offline Brands 02 DIGITAL & INDUSTRY 4.0 IOT, Blockchain & Digitalization DEVELOP ROBUST PROCESSES & ORGANISATION 03 Boost efficiency, simplify & automate processes 04 BUILD NEW BUSINESSES
Slide 34: Thank You
For more information about us, please visit www.tridentindia.com Abhinav Gupta/ Ajay Singla Investor Relations, Trident Limited Tel: +91 161 5039 999 Fax: +91 161 5039 900 Email: corp.relations@tridentindia.com Thank You Investor Presentation - Trident Ltd. 34