Indo Count Industries Limited · NSE:ICIL
Indo Count Industries — Q4 FY2021 Earnings Presentation
38 slides from Indo Count Industries's earnings presentation, May 17, 2021
Slide 1: Exchange filing cover letter for Investor Presentation Q4 & FY 2021
May 17, 2021 The National Stock Exchange of India Ltd. BSE Limited 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 Symbol : ICIL Scrip Code No. : 5210
Slide 2: Indo Count - FY21 Investor Presentation
INDO COUNT Complete Comfort * FY21 Investor Presentation. é
Slide 3: Safe Harbour
SAFE HARBOUR 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 subscribe for any s
Slide 4: Chairman's Message
CHAIRMAN’S MESSAGE Commenting on the results, Mr. Anil Kumar Jain - Executive Chairman said, “It gives me immense pleasure to share that we have delivered growth despite challenging environment and lockdown restrictions. Our growth during the year was propelled by higher demand for home textile prod
Slide 5: Story of Resilience in Charts
STORY OF RESILIENCE IN CHARTS Strong sequential volume run FY22: Volume Guidance of Volumes up 26% on YoY basis rate of 20 mn per quarter over in million metres 85-90 Mn metres in million metres 85-90 last 3 quarters in million metres 26% 78.2 78.2 22.8 23.9 21.7 61.8 Q2FY21 Q3FY21 Q4FY21 FY20 FY21
Slide 6: We Achieved Leadership Position in Bed Linen Exports
WE ACHIEVED LEADERSHIP POSITION IN BED LINEN EXPORTS 1 LARGEST EXPORTER OF BED LINEN FROM INDIA 1 HIGHEST MARKET SHARE OF BED LINEN IN USA 1 RECORD ANNUAL SALES VOLUME & REVENUE 5
Slide 7: We Have Delivered Record Growth in a Challenging Environment
WE HAVE DELIVERED RECORD GROWTH IN A CHALLENGING ENVIRONMENT Scaling up Health & Hygiene Products Delivered despite logistic challenges Accelerating presence in health, Overcoming logistic issues and keeping hygiene & wellness products through up with demand research and innovation Support Customers
Slide 8: Capable - Adaptable - Reliable
CAPABLE - ADAPTABLE - RELIABLE Reliable Growing to a reliable corporate house Engagement with the customers and adoption of customer centricity approach Growing focus in the domestic market and increasing brand value through B2B/B2C/D2C Strong customer relationships and brand recall Expand offerings
Slide 9: Strong Rebound in USA Retail Sales
STRONG REBOUND IN USA RETAIL SALES FACTORS THAT CONTRIBUTED TO RETAIL GROWTH Historical Retail Sales ($ in trillions) 4.33 – 4.40 4.06 Adoption of omni-channel distribution 3.51 3.67 3.81 3.38 2.84 2.94 3.03 3.17 3.28 Multiple sales avenues and accelerated 2.70 shift towards digital commerce Consoli
Slide 10: India Gaining Market Share in USA Home Textiles Market
INDIA GAINING MARKET SHARE IN USA HOME TEXTILES MARKET Figures in % 75 US imports of Cotton Pillow cases 75 US imports of Cotton Sheets 60 60 45 45 30 30 15 15 0 0 CY19 CY20 Q1 Q1FY21 2021 CY19 CY20 Q1 FY21 2021 India 50 52 59 India 53 54 60 Pakistan 19 20 19 Pakistan 15 16 16 China 19 14 11 China 1
Slide 11: India's Edge in the Global Home Textile Market
INDIA’S EDGE IN THE GLOBAL HOME TEXTILE MARKET 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 for Atmanirbhar Access to
Slide 12: Factors Playing Out for Indian Home Textile Players
FACTORS PLAYING OUT FOR INDIAN HOME TEXTILE PLAYERS FASHION, UTILITY AND INSTITUTIONAL SEGMENT – RETAIL CONSOLIDATION IN DEVELOPED MARKETS HOME HAS BECOME A CENTER STAGE 3x OPPORTUNITY SIZE FOR INDIAN SUPPLIERS Sheet Set 4.0 Structural Shift Big box retailers performing well due to strong in bn $ ba
Slide 13: Q4 & FY21 - Performance Highlights
Q4 & FY21 – PERFORMANCE HIGHLIGHTS
Slide 14: Sales Volume Performance
SALES VOLUME PERFORMANCE in million metres Volume Performance Quarterly Performance +26% 85-90 +68% 23.9 22.8 21.7 78.2 61.8 57.5 12.9 9.9 FY19 FY20 FY21 FY22E CAGR: 17% Q4FY20 Q1FY21 Q2FY21 Q3FY21 Q4FY21 FY21: Volume guidance achieved Covid lockdown impacted Sequentially achieving over FY22: Volume
Slide 15: New Capacity to Drive Next Leg of Growth
NEW CAPACITY TO DRIVE NEXT LEG OF GROWTH 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 & sew facilities
Slide 16: Consolidated FY21: Growing Volumes, Revenues & Profitability
CONSOLIDATED FY21: GROWING VOLUMES, REVENUES & PROFITABILITY +26% +20% 78.2 2,557 61.8 2,135 Volume Revenue 78.2 Mn metres Rs. 2,557 Crs FY20 FY21 FY20 FY21 Standalone Revenue for FY21 stood at Rs.2,552 Crs, a growth of 26% YoY +74% +241% 415 249 238 PAT EBITDA Rs. 249 Crs 73 Rs. 415 Crs FY20 FY21 E
Slide 17: Consistent Reward to Shareholders
CONSISTENT REWARD TO SHAREHOLDERS Strong track record and proven expertise to distribute healthy and sustainable returns 75% Dividend 40% 30% 20% FY18 FY19 FY20 FY21 Particulars (in Rs) FY18 FY19 FY20 FY21 Dividend / Share 0.80 0.40 0.60 1.50 The Board has recommended a Final Dividend of Rs. 1.50 pe
Slide 18: Q4 & FY21 Consolidated Financial Performance
Q4 & FY21 CONSOLIDATED FINANCIAL PERFORMANCE Particulars (Rs. Crs) Q4FY21 Q4FY20 YOY% FY21 FY20 YOY% Revenue from Operations 691 401 2,519 2,080 Other operating Income 14 24 38 55 Total Income 705 425 66% 2,557 2,135 20% Cost of Material 342 203 1,270 1,139 Employee Expenses 52 38 159 148 Other Expe
Slide 19: Consolidated Balance Sheet
CONSOLIDATED BALANCE SHEET ASSETS (Rs.Crs) 31-Mar-21 31-Mar-20 EQUITY AND LIABILITIES (Rs.Crs) 31-Mar-21 31-Mar-20 Non-Current Assets Equity Property, Plant & equipment 540 554 Equity Share Capital 39 39 Capital Work in progress 8 6 Other Equity 1,245 947 Right of Use 18 18 Non-Controlling Interest
Slide 20: Consolidated Cash Flow Statement
CONSOLIDATED CASH FLOW STATEMENT Particulars (Rs. Crs) FY21 FY20 Profit before Tax & Exceptional 343 155 Adjustment for Depreciation & other items 141 (82) Operating profit before working capital changes 484 74 Changes in working capital (425) 92 Cash generated from operations 59 166 Direct taxes pa
Slide 21: Improving Performance
IMPROVING PERFORMANCE ROE ROCE 19.4% 24.0% 16.7% 10.8% 7.4% 6.1% FY19 FY20* FY21 FY19 FY20* FY21 NET DEBT/EQUITY NET DEBT/EBITDA EBIT/INTEREST 0.24 1.4 13.2 0.20 0.18 0.8 0.6 5.0 3.7 FY19 FY20 FY21 FY19 FY20 FY21 FY19 FY20 FY21 FY20 includes exceptional items of Rs. 98 Crs 20 All figures on Consolid
Slide 22: Company Snapshot
COMPANY SNAPSHOT
Slide 23: About Us
ABOUT US 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, utility bedding a
Slide 24: Our Global Reach
OUR GLOBAL REACH SERVICES (WORLD OVER) Product Development EDI-based replenishment services Market Research Total Supply Chain Solutions Inventory Planning Innovation Modern warehousing services E-Commerce fulfillment Consumer Insights Indo Count exports to more than 54 countries across 5 continents
Slide 25: Expanded Market Opportunity with Foray into Newer Products
EXPANDED MARKET OPPORTUNITY WITH FORAY INTO NEWER PRODUCTS 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 Quilts, Coverlets Dow
Slide 26: Foray in B2C & D2C Segment
FORAY IN B2C & D2C SEGMENT
Slide 27: Growing Our Brand Portfolio
GROWING OUR BRAND PORTFOLIO Health & Hygiene Performance Brand Organic Cotton Brand Color based range Kids focused Brand Brand Diversified Brand Portfolio Value Driven Mid-market Luxury Brand Sustainability Brand Cotton centric Brand Mass Brand aspirational Brand Focused digital presence in US, Euro
Slide 28: Enhancing Domestic Presence
ENHANCING DOMESTIC PRESENCE CAMPAIGNS IN INDIAN MARKET INFLUENCER MARKETING TIE-UP WITH ONLINE PLATFORM Branding through Influencers along Partnership with Myntra for donations with A list celebrities like Soha Ali to migrant workers through Bosconet Khan, Madhuri Dixit, Dia Mirza, Taapsee Pannu, Vi
Slide 29: Domestic Collection Launches During the Quarter
DOMESTIC COLLECTION LAUNCHES DURING THE QUARTER THE UNTAMED COLLECTION THE GLOBE TROTTER COLLECTION Untamed Collection taking inspiration from the wild Globe Trotter collection giving great ideas to travel in the current times 28
Slide 30: Sustainability Is in Our DNA
SUSTAINABILITY IS IN OUR DNA
Slide 31: Sustainability Initiatives
SUSTAINABLITY INITIATIVES 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 Sustainable Apparel Coali
Slide 32: ESG Initiatives
ESG INITIATIVES 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 Empowerment • The
Slide 33: CSR Initiatives
CSR INITIATIVES EDUCATION 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 check-ups • Besides E-learning, various oth
Slide 34: CSR Initiatives
CSR INITIATIVES 33
Slide 35: Awards & Recognitions
AWARDS & RECOGNITIONS
Slide 36: Awards & Recognitions
AWARDS & RECOGNITIONS 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 sustainable growth in their r
Slide 37: Awards & Recognitions
AWARDS & RECOGNITIONS Texprocil Awards for 2018-19 Winner of Gold Trophy Gold For the Highest export performance in Made Ups-Bed Linen/Bed Sheets/Quilts Winner of Gold Trophy Gold For the Special Achievement Award in Made-ups Silver Winner of Silver Trophy For the Second Highest exports performance
Slide 38: Contact Us
CONTACT US Company : Investor Relations Advisors : Indo Count Industries Limited Strategic Growth Advisors Pvt. Ltd. CIN: L72200PN1988PLC068972 CIN: U74140MH2010PTC204285 Mr. K.R. Lalpuria, Executive Director & C.E.O Mr. Shogun Jain kklalpuria@indocount.com shogun.jain@sgapl.net | +91 77383 77756 Mr
Indo Count Industries — Q4 FY2021 Earnings Presentation on 6ix