Indo Count Industries Limited · NSE:ICIL
Indo Count Industries — H1 FY2021 Earnings Presentation
37 slides from Indo Count Industries's earnings presentation, Oct 21, 2020
Slide 1: Indo Count Industries Ltd
INDO COUNT Complete Comfort October 21, 2020 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: Indo Count Industries Limited Investor Presentation October 2020
hlt zrt Complete Comfort Indo Count Industries Limited Investor Presentation October 2020
Slide 3: Safe Harbour
.. ~::!!f::" SAFE HARBOUR \ ~\ ~ i . 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
Slide 4: Home Is Now the Center Stage
.. INDO ''''U' Complete COUNT CQmfort HOME IS NOW THE CENTER STAGE ••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• •••••••••••••••••••••••••••••••••••••••••••• ••••••••••••••••••••••••••••• ••••••••••••••• •••••••••••••• •••••••
Slide 5: Indian Home Textiles Industry Is Eyeing a Large 3x Opportunity
.. ~::!!f::" INDIAN HOME TEXTILES INDUSTRY IS EYEING A LARGE 3x OPPORTUNITY \ ~\ ~ i . Home Textile Size of US market at Retail – $28bn of which Bed linen is $14bn i.e. 50% (Bed Linen shown graph below) FASHION, UTILITY AND INSTITUTIONAL SEGMENT IS A LARGE 3x OPPORTUNITY SIZE FOR INDIAN SUPPLIERS IN
Slide 6: China + 1 Strategy Will Lead to Increased Capacity Utilization in India
.. INDO ''''U' Complete COUNT CQmfort CHINA + 1 STRATEGY WILL LEAD TO INCREASED CAPACITY UTILIZATION IN INDIA ••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• •••••••••••••••••••••••••••••••••••••••••••• •••••••••••••••••••••••••
Slide 7: Expected Retail Consolidation in Developed Markets
EXPECTED RETAIL CONSOLIDATION IN DEVELOPED MARKETS Structural Shift Expect the Market to move to few large players due to strong balance sheet and increased capacities Consolidation Increased market share gain could be higher for larger players Reduced fragmentation Reduced fragmentation in end mark
Slide 8: Q2FY21 Performance Highlights
Q2FY21 Performance Highlights 7
Slide 9: Chairman's Message
.. ~::!!f::" CHAIRMAN’S MESSAGE \ ~\ ~ i . Commenting on the results, Mr. Anil Kumar Jain, Executive Chairman said, “We are all challenged in this evolving World, however, despite the tough operating environment, our company recorded its highest ever quarterly sales volume, a testament to the resili
Slide 10: Achieved Highest Ever Quarterly Sales Volume
.. INDO ''''U' Complete COUNT CQmfort ACHIEVED HIGHEST EVER QUARTERLY SALES VOLUME ••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• •••••••••••••••••••••••••••••••••••••••••••• ••••••••••••••••••••••••••••• ••••••••••••••• ••••••
Slide 11: Q2FY21 Snapshot
.. INDO ''''U' Complete COUNT CQmfort Q2FY21 SNAPSHOT ••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• •••••••••••••••••••••••••••••••••••••••••••• ••••••••••••••••••••••••••••• ••••••••••••••• •••••••••••••• ••••••••••••••• ••••
Slide 12: New Brand Launches in India
.. 'NOD COUNT c::,!!>m:" .. NEW BRAND LAUNCHES IN INDIA ~ . I ~ . “Layers” is value driven mass brand to cater to aspiring customers across India with combination of style, technology and price BOUTIQUE o Boutique Living Luxury is a D2C – Direct to Consumer luxury bedding brand in India. Boutique
Slide 13: Our Recent Developments
.. ~::!!f::" OUR RECENT DEVELOPMENTS \ ~\ ~ i . Launched “Wholistic - Whole HealthSleep Better” brand which features innovations associated with WH~LISTIC cleaner living, keeping a hygienic home and fostering better sleep Launched Sleep Rx™ during Fall market, New York. A new Sustainable Performance
Slide 14: Q2FY21 Consolidated Financial Performance
.. ~::!!f::" Q2FY21 CONSOLIDATED FINANCIAL PERFORMANCE \ ~\ ~ i . Particulars (Rs. Crs) Q2FY21 Q2FY20 YOY% Q1FY21 QOQ% H1FY21 H1FY20 YOY% FY20 Revenue from Operations 714 568 332 1,046 1,075 2,080 Other operating Income 10 19 4 14 30 55 Total Income 724 587 23% 336 116% 1,060 1,106 -4% 2,135 Cost of
Slide 15: Consolidated Balance Sheet
.. ~::!!f::" CONSOLIDATED BALANCE SHEET \ ~\ ~ i . Particulars (in Rs Crs) Sep’20 Mar’20 Particulars (in Rs. Crs) Sep'20 Mar'20 ASSETS EQUITY AND LIABILITIES Non-current assets Equity Share Capital 39 39 Property, Plant and Equipment 537 554 Other Equity 1,082 947 Capital work-in-Progress 7 6 Equity
Slide 16: Consolidated Cash Flow Statement
.. ~::!!f::" CONSOLIDATED CASH FLOW STATEMENT \ ~\ ~ i . Particulars (Rs. Crs) Sep’20 Mar’20 Profit before Tax & Exceptional 134 155 Adjustment for Depreciation & Other items 89 (82) Operating profit before working capital changes 223 74 Changes in working capital (60) 92 Cash generated from operati
Slide 17: Financial Ratio Trend
.. ~::!!f::" FINANCIAL RATIO TREND \ ~\ ~ i . NET DEBT/EQUITY NET DEBT/EBITDA* EBIT/INTEREST* 0.37 1.8 14.3 0.30 1.4 0.19 0.8 6.6 5.0 3.7 0.06 0.2 FY18 FY19 FY20 H1FY21 FY18 FY19 FY20 H1FY21 FY18 FY19 FY20 H1FY21 *Annualized basis 16 II
Slide 18: Advantage India
ADVANTAGE INDIA 17
Slide 19: India's Edge in the Global Home Textile Market
.. ~::!!f::" INDIA’S EDGE IN THE GLOBAL HOME TEXTILE MARKET \ ~\ ~ i . Availability of RM Capability & Capacity Abundant availability of raw Both capability and capacity material – India is the available for growth world’s largest cotton producer Atmanirbhar Bharat Skilled labour Government’s push f
Slide 20: Raw Material Advantage
RAW MATERIAL ADVANTAGE Production of Cotton +1.6% India is world’s largest producer of cotton. Production of 33.7 cotton in India grew from 28.0 million bales in FY07 to 33.7 million bales in FY19P, at a CAGR of 1.6% 28.0 The abundant supply of Cotton at competitive prices is a boon to the Indian Te
Slide 21: Indo Count at a Glance
INDO COUNT AT A GLANCE 20
Slide 22: Overview
INDO ''''U' COUNT OVERVIEW Complele CQmfort . Established in early 1990s and head-quartered in Mumbai, India, Indo Count Industries Limited is one of the leading Home Textile manufacturers with an extensive product range. The product portfolio spans across sheet sets, fashion bedding, utility beddin
Slide 23: Products & Presence
~~::!!f::" PRODUCTS & PRESENCE \~\ r . PRODUCTS PRODUCTS BED SHEETS UTILITY BEDDING FASHION BEDDING INSTITUTIONAL BEDDING us ... Flat sheet Mattress pads Comforters & Duvets Basic white sheets ,.or" Fitted sheet Protectors Shams & Decorative Pillows Shams & Pillows UK .... Pillowcases Pillows Quilts
Slide 24: Integrated Bedding Solution Provider
~ ~ INTEGRATED BEDDING SOLUTION PROVIDER ~~" f . .it! .~ -- Concept Concept Procurement Procu rement Spinning Spinning Weaving Weaving Dyeing Dyeing Cutting Cutting Quality Quality Branding Branding Design Design of Cotton Cotton Cotton Cotton into into Fabrics Fabrics Processing Processing & Assura
Slide 25: Our Journey
.. ~::!!f::" OUR JOURNEY \ ~\ ~ i . ICIL established Commencement of Spinning Operations 1990-91 Forayed into home textile by Collaborated with LEEDS University to setting up 36 mn meters enhance innovation capabilities. integrated capacity for Bed Linen Partnered with WALMART for 2019 2007 environm
Slide 26: Brands & Innovation
BRANDS & INNOVATION In-House Brands Licensed Brands Innovation & Technology _... AllerCof AII\EOLUK m!1!:!II1 "HH ~~ II! !T.Irll~'l!tl, aero \: - THE- - whole";';;~~'f;:":'(OTTON HARLEQUIN I a T La s·_ com fort EXS~GE 'IJ~NCHUfi'- ehtgt NATURAL d~!ti{Mt ~U!i' DURATECI SHEETS \ simply-put' TIN EN" __
Slide 27: Boutique Living – Our Domestic Offering
.. INDO ''''U' Complete COUNT CQmfort BOUTIQUE LIVING – OUR DOMESTIC OFFERING ••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• •••••••••••••••••••••••••••••••••••••••••••• ••••••••••••••••••••••••••••• ••••••••••••••• •••••••••••
Slide 28: Sustainability Is Our DNA
Camp'ule Cunl'(wt SUSTAINABILITY IS OUR DNA 27
Slide 29: Sustainability Initiatives
~ ~::!!f::" SUSTAINABLITY INITIATIVES ~ r. The programme aims at improving Associated with SAC (Sustainable Apparel awareness among the farmers to cultivate Coalition) through HIGG index tool. Two of our cotton in a more sustainable method. facilities at Gokul and Kagal have been certified In step w
Slide 30: Stable & Sustainable
STABLE & SUSTAINABLE RESEARCH & INNOVATION Strong R&D and innovation capabilities to develop a value-added diversified product bouquet Fulfilling the unique customer requirements to help evolve as the preferred partner of choice FOCUS ON BRANDS Unrelenting focus on quality, reliability, and excellen
Slide 31: Awards & Accolades
AWARDS & ACCOLADES 30
Slide 32: Recognized by Walmart as Giga Guru Among Global Top 20 Suppliers
RECOGNIZED BY WALMART CORPORATION AS “GIGA GURU” AMONGST GLOBAL TOP 20 SUPPLIERS ✓ Indo Count has taken SMART goals for Green house gas emissions reduction in Gigaton project In Re,eo'gnit'iolil Of Your Achievement of Gigar-GLJru StatLJS in Project Gi.gaton 2019 ✓ In Walmart’s Gigaton project, Indo
Slide 33: Recognitions
RECOGNITIONS Texprocil Awards for 2018-19 ,\",\'''''''''''''11""", ",..",,,,,,,·"'f.!...'!i!- ~"'~"'."'" Winner of Gold Trophy Recognitions from Customers C),.t'..... Gold "."""",, ·,·i~".::;·\','" .... For the Highest export performance in Made Ups-Bed Linen/Bed Sheets/Quilts Awarded ‘Best Collabor
Slide 34: CSR Initiatives
i, x : RINT TIATIVES” Lee
Slide 35: CSR - Every Smile Counts
CSR - EVERY SMILE COUNTS EDUCATION • We developed and adopted multifaceted approach through E-learning to increase attendance and stimulate learning amongst students • Besides E-learning, various other initiatives include distribution of school bags, Improving infrastructure in schools and providing
Slide 36: #GivingWithLiving Initiative
.. INDO ''''U' Complete COUNT CQmfort #GivingWithLiving Initiative ••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• •••••••••••••••••••••••••••••••••••••••••••• ••••••••••••••••••••••••••••• ••••••••••••••• •••••••••••••• •••••••
Slide 37: Contact Us
.. INDO ''''U' Complete COUNT CQmfort CONTACT US ••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• •••••••••••••••••••••••••••••••••••••••••••• ••••••••••••••••••••••••••••• ••••••••••••••• •••••••••••••• ••••••••••••••• •••••••••
Indo Count Industries — H1 FY2021 Earnings Presentation on 6ix