Trident Limited · NSE:TRIDENT
Trident — Investor Presentation (March 2014)
41 slides from Trident's investor presentation, March 2014
Slide 1: Corporate Presentation
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Slide 2: Trident Overview
Trident Overview
Slide 3: Trident Perspective
Trident Perspective 3 Yarn Terry Towel Paper One of the largest Among the top 5 World’s largest wheat yarn spinners in India home textile straw based paper manufacturers in the manufacturer Diverse product range world serving all product segments One of the largest Eco friendly exporter from India t
Slide 4: Business Verticals
Business Verticals 4 Home Textiles Paper Towels Bathrobes WP Paper & Copier Paper Yarn Chemicals & Power Cotton Yarns Dyed Yarns Power, Sulphuric Acid & Sulphur PRODUCTS
Slide 5: Global Footprint
Global Footprint 5 Products exported* to 75 countries across 5 continents * Export destinations are highlighted in dark green CLIENTELE
Slide 6: India Presence
India Presence 6 Punjab, India – Dhaula Campus 3 Home Textile, 2 Paper, 3 Energy & 1 Chemical Unit(s) Takshashila (Center of Excellence) Workers Colony Punjab, India – Sanghera Campus 5 Yarn Units Ananda (Leadership Workshop) Workers Colony Girls Hostel MP, India – Budni Campus 3 Yarn Units Girls Ho
Slide 7: De-risking, Diversification & Integration
De-risking, Diversification & Integration 7 INTEGRATION
Slide 8: Financial Performance Trend
Financial Performance Trend 8 *9M FY14 figures non-annualized P&L (Rs. crore) Balance Sheet (Rs. crore) Ratios Revenues Networth Debt:Equity (x) 909 3.6 3.4 3.5 3,357 706 3.2 2,894 651 2,537 2,752 503 532 1,819 1.9 FY10 FY11 FY12 FY13 9M FY14 FY10 FY11 FY12 FY13 9M FY14 FY10 FY11 FY12 FY13 9M FY14 E
Slide 9: Strengths
Strengths 9 Economies of scale Among the world’s largest home textiles and wheat-straw based paper manufacturers State-of-the-art Embraced the latest technology and automation from global best technology partners at Technology all stages of manufacturing Integrated Textile Enables efficient operatio
Slide 10: Business Overview
Business Overview
Slide 11: Trident Yarn
Trident Yarn
Slide 12: Product Portfolio
Overview 12 Capability of counts from 1/8s – 1/80s in all possible blends Spindles (lac) 365,904 Spindles & 3,584 Rotors 3.66 3.66 6,825 TPA of Yarn Processing 2.24 8,400 MT of Cotton & Blended Yarns per month 1.76 1.26 1.26 State of the Art Machinery imported from LMW-India, Rieter- Switzerland, Mu
Slide 13: Operational & Financial Highlights
Operational & Financial Highlights 13 Sales Mix (%) Production (‘000 MT) Sales (‘000 MT) 92% 90% 85 83% 73% 74% 73% 20 66% 61 64 59 14 17 65 48 20 43 40 13 51 14 12 44 34% 40 27% 26% 27% 35 28 28 17% 8% 10% FY08 FY09 FY10 FY11 FY12 FY13 9M FY08 FY09 FY10 FY11 FY12 FY13 9M FY14 FY14 FY08 FY09 FY10 FY
Slide 14: Way Forward
Way Forward 14 Augmenting supply to address strong demand Robust demand outlook led by booming organized retail & new export oriented capacities being added in weaving sector Current capacities operating at peak utilization rates Brownfield Expansion to provide the next leg of growth – 38,802 TPA of
Slide 15: Trident Terry Towel
Trident Terry Towel
Slide 16: Product Portfolio
Overview 16 Leadership in all Terry based products Jacquards – 54 looms 43,200 MTs of towels /Year Loom (Nos.) Air Jet Dobby – 296 looms 14.5 mn pcs./month 374 388 388 388 350 18 containers of 40 ft. /day 282 Rapier Dobby – 38 looms Total – 388 looms 90,000 Bathrobes/month Finishes Types *100% cotto
Slide 17: Trident Innovations
Trident Innovations 17 Yarn Technology Design/ Construction Finish/ Treatment TERRY TOWEL
Slide 18: Marquee Customers
Marquee Customers 18 9 out of 10 top Retailers in USA 6 leading Retailers in Europe and UK 5 out of 7 major Retailers in ANZ Mix of Specialty home stores, Departmental stores & Mass merchandisers Suppliers to domestic Intuitions including Hotel Taj, Lakme, etc. TERRY TOWEL
Slide 19: Operational & Financial Highlights
Operational & Financial Highlights 19 Sales Mix (%) Production (‘000 MT) Sales (‘000 MT) 92% 92% 92% 91% 94% 32 31 31 32 31 85% 29 30 30 84% 28 28 25 24 22 22 16% 15% 8% 8% 8% 9% 6% FY08 FY09 FY10 FY11 FY12 FY13 9M FY08 FY09 FY10 FY11 FY12 FY13 9M FY14 FY14 FY08 FY09 FY10 FY11 FY12 FY13 9M FY14 Dome
Slide 20: Way Forward
Way Forward 20 Emphasis on entry into new markets Current marketing and distribution network spread over 75 countries Association with top brands and marquee clientele viz. Zara, Ralph Lauren, Calvin Klein among others Continuous focus on spreading customers geographically • Successfully entered hig
Slide 21: Trident Paper
Trident Paper
Slide 22: Product Portfolio
Paper 22 Eco Friendly Paper – Saving 5,000 Trees per Day Agro-residue (wheat straw) and ECF pulp used to 450 450 450 450 450 manufacture paper 265 265 265 265 265 Sold across 40 countries including India, Middle 110 East, Africa, US, Latin America and UK, among others 65 FY08 FY09 FY10 FY11 FY12 FY1
Slide 23: Operational Highlights
Operational Highlights 23 Sales Mix (%) Production (‘000 MT) Sales (‘000 MT) 94% 94% 94% 90% 90% 153 153 89% 146 146 81% 137 137 124 118 124 117 67 67 41 41 19% 11% 10% 10% 6% 6% 6% FY08 FY09 FY10 FY11 FY12 FY13 9M FY08 FY09 FY10 FY11 FY12 FY13 9M FY08 FY09 FY10 FY11 FY12 FY13 9M FY14 FY14 FY14 Dome
Slide 24: Way Forward
Way Forward 24 Strategic Focus on high-value products Geared towards high margin copier segment • Growing at 16-17% vis-à-vis 5-6% growth in traditional (cream-wove, maplitho) segment Increased capacity for copier segment to 6,500 MT per month • Emphasis on high GSM orders • Efforts towards enhancin
Slide 25: Corporate Strategy
Corporate Strategy 25 Business excellence activities like Kaizen, TQM, TPM, 5S, Change Management to have lean Continuous manufacturing resulting in efficient usage of technology Improvement TPM Policy has been formulated across the organization to achieve zero accidents, zero defects and zero break
Slide 26: Merger of Trident Corporation Limited with Trident Limited
Merger of Trident Corporation Limited with Trident Limited
Slide 27: About Trident Corporation Limited (TCL)
About Trident Corporation Limited (TCL) 27 Trident Corporation Limited (TCL) is an associate company of Trident Limited (Trident) and has implemented World’s Largest Terry Towels project, which is under trials Trident holds 25.42% of the equity shares of TCL TCL in District Sehore (Budhni) in M.P. i
Slide 28: Highlights of the Merger Scheme
Highlights of the Merger Scheme 28 Creates a single entity with major focus on yarn spinning, home textiles and paper Consolidation will make Trident one of the Largest Integrated Home Textile manufacturing facilities in the world Leverages the synergies arising both in terms of revenues as well as
Slide 29: Updates on the Merger Scheme
Updates on the Merger Scheme 29 The equity shareholders, secured creditors and unsecured creditors of Trident Limited unanimously approved the “Scheme of amalgamation of Trident Corporation Limited with Trident Limited and their respective shareholders and creditors” in their separate meetings held
Slide 30: Benefits from the Merger
Benefits from the Merger 30 A single entity with major focus on yarn spinning, home textiles and paper Streamlining Leverage synergies arising both, in terms of revenue as well as costs, and shall Group enable the merged entity strengthen its focus on its core competencies Structure Joint operating
Slide 31: Benefits from the Merger
Benefits from the Merger 31 Cotton yarn manufactured by Trident shall be the raw material of the terry towel being manufactured by TCL, resulting in cost synergies Integration Proposed captive power unit of TCL will supply power to the manufacturing units of Trident - reduced dependence on the State
Slide 32: Post Merger Facilities of Trident Limited
Post Merger Facilities of Trident Limited 32 Operations Business Post merger and ongoing Existing expansions 3,65,904 Spindles ~ 6 Lac Spindles Yarn 3,584 Rotors 5,500 Rotors Dyed Yarn 6,825 TPA 6,825 TPA Terry Towels 388 Looms ~700 Looms Sheeting --- 500 Looms Paper 175,000 TPA ~2,00,000 TPA Sulphu
Slide 33: CSR Initiatives & Awards
CSR Initiatives & Awards
Slide 34: CSR Initiatives
CSR Initiatives 34 Providing opportunities to LEARN, EARN & More than 600 Graduates and GROW to more than 10,000 members of Diploma Holders.. in past 6 10th, 10+2, ITI’s years Trident is preparing ground for future leaders. To cater to the increasing requirements of the market, the company has given
Slide 35: Empowering our Women - ASMITA
CSR Initiatives 35 Empowering our Women - ASMITA THE FUTURE… AS WE SEE IT Focus of Asmita Employment for 3000+ Female Members Learning & Education Within Campus Accommodation for 1200+ Female Health & Hygiene Members Recreation First Plant in North India to start Night Shift for Female Infrastructur
Slide 36: CSR Initiatives
CSR Initiatives 36 Education – Promoted Sacred Heart Convent School Organizing Medical & Blood donation camps for community Rain Water Harvesting Waste Water management by State of the art ETP Village Cluster Adoption With 200 villages and more than 71,000 acres of land and 2,000 farmers in Punjab T
Slide 37: Awards & Accolades
Awards & Accolades 37 … recognized by the world 2013 Texprocil Outstanding Export Performance (3 Awards) 2009 IKEA Best Supplier (South Asia) Quality Award 2013 Principal Partner – Bath by Sears Holdings Corporation 2009 Star Trading House for Export by GOI 2012 Texprocil Outstanding Export Performa
Slide 38: About Us & Investor Contacts
About Us & Investor Contacts
Slide 39: About Us
About Us 39 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 manufacture
Slide 40: Investor Contacts
Investor Contacts 40 For more information about us, please visit www.tridentindia.com OR Contact: Trident Limited CDR India Pawan Jain / Vaibhav Goel Ishan Selarka / Nishid Solanki Call: +91 161 5039 999 Call: +91 22 6645 1232 / 1221 Fax: +91 161 5039 900 Fax: +91 22 6645 1213 Email: pawanjain@tride
Slide 41: Disclaimer
Disclaimer 41 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 th