Slide 1: Trident Limited Corporate Presentation
Trident Limited Corporate Presentation November - 2015 Home Textiles | Paper
Slide 2: Safe Harbour
Safe Harbour 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: Table of Content
Table of Content 1 Trident Overview 2 Business Highlights 3 Expansion Projects 4 Strengths & Strategy 5 CSR Initiatives & Awards 6 About Us & Investor Contacts Corporate Presentation - Trident Ltd. 3
Slide 4: Trident Overview
ad (TRIDENT Af Being different is normal Ni) a Ss. joa ae i Trident Overview oui
Slide 5: Trident Perspective
Trident Perspective … 25 years of being different Manufacturing Facilities Trident Limited Barnala, Punjab Textiles Paper Budni, MP Worlds Largest Integrated World Largest Wheat Terry Towel Manufacturer straw based manufacturer One of Worlds Largest Eco friendly technology Integrated Home Textile Ma
Slide 6: Milestones
… Milestones Towel Towel Towel Towel Bed Linen Home Textiles Unit-I Unit-II Unit-III Unit-IV Unit 1 Spinning Spinning Spinning Spinning Spinning Spinning Spinning Spinning Spinning Yarn Unit-I Unit-II Unit-III Unit-IV Unit-V Unit-VI VII & VIII Unit-IX Unit-X Paper Paper Copier Paper Unit-I Unit-II P
Slide 7: Delivering Value
…Delivering Value Revenue Growth Export Growth 3784 1867 1803 840 706 330 294 135 47 4 Mar-95 Mar-00 Mar-05 Mar-10 Mar-15 Mar-95 Mar-00 Mar-05 Mar-10 Mar-15 EBITDA Growth PBT Growth 691 168 356 93 66 146 61 7 4 4 Mar-95 Mar-00 Mar-05 Mar-10 Mar-15 Mar-95 Mar-00 Mar-05 Mar-10 Mar-15 Corporate Present
Slide 8: Profit & Loss Abstract
Profit & Loss Abstract Q2 FY16 Q2 FY15 Shift % Particulars (Rs. crore) H1 FY16 H1 FY15 Shift % FY15 961.0 965.7 (0.5) Net Revenues 1840.1 1872.4 (1.7) 3784.3 783.0 812.6 (3.6) Total Expenditure 1465.8 1538.1 (4.7) 3092.9 467.8 521.5 (10.3) - Material Consumed 857.2 965.8 (11.2) 1929.6 315.2 291.1 8.
Slide 9: Balance Sheet Abstract
Balance Sheet Abstract Particulars (Rs. crore) As on September 30, 2015 As on March 31, 2015 Sources of Funds Share Capital 558.85 508.64 Reserves and Surplus 1,040.76 946.68 Money received against Share Warrants / ESOPs 0.16 0.00 Long Term Borrowings 2,083.00 1,396.10 Other Non Current Liabilities
Slide 10: Key Financial Parameters
Key Financial Parameters Total Debt (Rs. crore) Debt : Equity (x) 2,976 3.6 3.4 Debt Repayment in FY15 – Rs. 458.4 3.2 2,580 crore 2,284 2,240 1,916 1,862 2.0 1.9 1.8 Debt Repayment of Rs. 200.9 crore in H1 FY16 Includes prepayment of high cost debt of Rs. 53.6 crore FY11 FY12 FY13 FY14 FY15 H1FY16
Slide 11: Home Textiles Industry Overview
Home Textiles Industry Overview
Slide 12: Global Home Textile Industry
Global Home Textile Industry Global Home Textiles Sector Global Home Textiles Market 120 Global Home Textiles market is expected to grow at a CAGR of 96 ~5% for the period 2012-2017 100 86 80 74 Bed and Bath Linen together constitute about 21% of the total USD billion Home Textiles industry by volum
Slide 13: Domestic Textiles Industry
Domestic Textiles Industry Indian Textile industry at an inflection point Indian Textile Sector 250 India’s textile sector contributes ~14% to industrial 200 82 USD billion production, 4% to GDP and 12% to the country’s export earnings 150 India is the second largest producer of cotton, textiles & 5
Slide 14: Domestic Home Textiles Industry
Domestic Home Textiles Industry Indian Home Textiles Sector Indian Home Textiles Industry Domestic Home Textiles market is expected to grow at a CAGR of 9 8.2 ~8.3% for the period 2011-2021 8 Bed and Bath Linen together constitute about 67% of the total 7 domestic home textiles industry by value 6 5
Slide 15: Advantage – Make in India
Advantage – “Make in India” Large Capacities Raw Material Availability Talent Pool & Cheap Workforce India is among the only textile Design skills vis-à-vis commoditized India’s share of spinning capacities products and cheaper labor costs viz. USD manufacturing country to be net have improved signi
Slide 16: Robust Growth to Continue
Robust Growth to Continue Shift in sourcing base – With China becoming a self consuming economy, customers in U.S. & E.U. are diversifying their sourcing base to countries like India . Other reasons being: Design led products compared to commoditized products Chinese currency appreciation vis-à-vis
Slide 17: Trident Home Textiles Business Highlights
Trident Home Textiles Business Highlights
Slide 18: World's Largest Integrated Home-Textile Manufacturer
World’s Largest Integrated Home-Textile Manufacturer Fully integrated home-textile operations with terry towel capacity of 360 million pieces of towel per annum Commenced production at its Bed Linen Project of 500 looms capable of producing 43.2 mn meters of bed-linen Implemented the world’s largest
Slide 19: Textile Brands
Textile Brands Mid Range Premium Range Corporate Presentation - Trident Ltd. Home Textiles 19
Slide 20: Bed-Sheeting Brands
Bed-Sheeting Brands Corporate Presentation - Trident Ltd. Home Textiles 20
Slide 21: Trident Innovations
Trident Innovations Yarn Technology Design/ Construction Finish/ Treatment Corporate Presentation - Trident Ltd. Home Textiles 21
Slide 22: Financial Highlights
Financial Highlights Revenues (Rs. crore) EBITDA (Rs. crore) 560 510 3,046 2,964 2,626 421 2,096 330 1,945 271 1,441 242 FY11 FY12 FY13 FY14 FY15 H1FY16 FY11 FY12 FY13 FY14 FY15 H1FY16 EBIT (Rs. crore) Margins (%) 394 18.4% 18.8% 20.0% 17.2% 16.9% 16.0% 282 16.0% 12.9% 254 11.5% 216 11.1% 10.8% 12.0
Slide 23: Way Forward
Way Forward Emphasis on entry into new markets Current marketing and distribution network spread over 100 countries across 6 continents Association with top brands and marquee clientele Continuous focus on spreading customers geographically Successfully entered highly cost-conscious markets like UK,
Slide 24: Paper Industry Overview
Paper Industry Overview
Slide 25: Domestic Paper Industry
Domestic Paper Industry Indian Paper Sector 25 Ranked 15th Globally 20 Million tonnes Annual Output > 13.5 million tonnes 15 Demand expected to grow at 7-8% 10 20.00 13.95 100% FDI Allowance 5 11.15 0 2012 2016 E 2020 E 25 Per Capita Paper Consumption 22.7 19.5 Paper Consumption break-up 20 16.5 14.
Slide 26: Paper Industry is poised for a big leap
Paper Industry is poised for a big leap Rise in per Capita Consumption Government Initiatives Improving demographics combined with Policy emphasis on education through private rising population and income levels and sector and public-private partnership and FDI Other factors which may increase in ad
Slide 27: Trident Paper Business Highlights
Trident Paper Business Highlights
Slide 28: World's Largest Wheat Straw based Paper Manufacturer
World’s Largest Wheat Straw based Paper Manufacturer Agro-residue (wheat straw) and ECF pulp used to Paper (tpd) Pulp (tpd) manufacture paper 500 450 450 450 450 450 450 400 Customers across 50 countries including 300 265 265 265 265 265 265 India, Middle East, Africa, US, Latin America and UK, amon
Slide 29: Financial Highlights
Financial Highlights Revenues (Rs. crore) EBITDA (Rs. crore) 836 819 725 605 653 241 230 194 399 111 115 127 FY11 FY12 FY13 FY14 FY15 H1FY16 FY11 FY12 FY13 FY14 FY15 H1FY16 EBIT (Rs. crore) Margins (%) 32.0% 29.4% 26.8% 27.6% 150 30.0% 133 20.2% 105 18.3% 17.6% 18.3% 20.0% 14.5% 15.9% 80 31 30 10.0%
Slide 30: Way Forward
Way Forward Strategic focus on high-value products Geared towards high margin copier segment Increased production of copier segment to ~50% of total paper production Improvement in operational efficiencies due to better product mix Improvement in service aspect to achieve price premium vis-à-vis com
Slide 31: Strengths & Strategy
(0 TRIDENT Being different is normal Strengths & Strategy
Slide 32: Our Strengths
Our Strengths Presence in 100 countries across 6 continents Long standing relationship Global Reach Latest technology and automation with major raw material suppliers from global best technology partners at all stages of manufacturing Raw Material Technology Security Managed by a group of Trident’s
Slide 33: Group Strategy
Group Strategy Fully vertically integrated operations (from cotton-to- Continuous focus on spreading customers terry towel and from cotton-to-bed linen) - ensure geographically greater sustainability in performance going forward Successfully entered new markets like UK, Italy, France, Japan, Austral
Slide 34: Capacities
Capacities Business Operations Division Product Capacity Terry Towels 688 Looms Bed Linen 500 Looms Home Textiles 555,600 Spindles Yarn 5,504 Rotors Dyed Yarn 6,825 TPA Paper 175,000 TPA Paper & Chemicals Chemicals 100,000 TPA Energy Captive Power 50 MW Corporate Presentation - Trident Ltd. 34
Slide 35: Value Chain
Value Chain Cotton Yarn Design & Finished Procurement Production Development Products Adopted 200 5.55 lacs spindles villages and provided 688 looms of for producing yarn Qualified team of agricultural education Towel & 500 looms of from 20-count to 100- designers from top- for ensuring superior Bed
Slide 36: Moving up the Value Chain
Moving up the Value Chain Entered Home Textiles From YARN to HOME TEXTILES segment in 1998 20% 25% 40% 60% 75% 80% Transformed from a Yarn player to a fully-integrated Home Textiles manufacturer Corporate Presentation - Trident Ltd. 36
Slide 37: CSR Initiatives & Awards
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Slide 38: CSR Initiatives
CSR Initiatives Empowering our Women - • 50+ women • 62% female ASMITA across the organization members utilize Trident are performing residential facility within More than 20% Employees are Females management roles the campus and work in self managed teams Self Managed Leadership Teams Rewards and E
Slide 39: CSR Initiatives
CSR Initiatives Providing opportunities to LEARN, EARN More than 600 Graduates & GROW to more than 10,000 members and Diploma Holders.. in of 10th, 10+2, ITI’s past 6 years Trident is preparing ground for future leaders. To cater to the increasing requirements of the market, the company has given sh
Slide 40: CSR Initiatives
CSR Initiatives Sustaining recovery and reuse of waste water – ensuring Zero Liquid Discharge Trident maintains a zero liquid discharge facility for complete Towel processing, saving fresh water of 6 million litres/day directly. The facility has a biological plant for bio-degradation of waste water
Slide 41: Awards & Accolades
Awards & Accolades 4 Wal-Mart Supplier of the Year 1 National Energy Conservation awards Awards (NECA) 3 JCPenney - Best Supplier 1 Niryat Shree – FIEO Awards , Innovation, Quality Awards 3 Corporate Governance 1 Punjab Safety Awards Awards Texprocil Export Performance D&B – ECGC: Exporter’s Excelle
Slide 42: About Us & Investor Contacts
ty, (7 TRIDENT ” = wy Being different is normal About Us & investor Contacts
Slide 43: About Us
About Us Trident Limited is the flagship company of Trident Group, a USD 1 billion Indian business conglomerate and a global player. Headquartered in Ludhiana, Punjab, Trident is the largest terry towel and wheat straw based paper manufacturer in the world. With the establishment of the state-of-the
Slide 44: Investor Contacts
Investor Contacts For more information about us, please visit www.tridentindia.com OR Contact: Pawan Jain / Siddharth Gupta Anoop Poojari / Nishid Solanki Trident Limited CDR India (Citigate Dewe Rogerson) Tel: +91 161 5039 999 Tel: +91 22 6645 1211 / 1221 Fax: +91 161 5039 900 Fax: +91 22 6645 1213