Slide 1: Exchange filing cover letter: Earnings Presentation
® ��RIDENTG Talk: +91161 5039999 Fax: +91161 5038800 Being different is normal Visit: tridentindia.com TRIDENT/CS/2024 November 13, 2024 National Stock Exchange of India Limited Exchange Plaza, Plot No. C/1, G Block Sandra Kurla Complex, Bandra (El, Mumbai - 400 051 Scrip Code: TRIDENT BSE Limited P
Slide 2: Earnings Presentation Q2 FY25
EARNINGS PRESENTATION Q2 | FY25 Trident Limited Yarn | Bath & Bed Linen | Paper | Chemical | Energy Earnings Presentation Q4 FY24 1
Slide 3: 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 4: Our Vision, Our Values
OUR VISION OUR VALUES Inspired by challenge, To provide customer satisfaction, we will add value to life, through teamwork, and together prosper globally. based on honesty & integrity, for continuous growth & development. 3 Earnings Presentation Q4 FY24
Slide 5: Index
INDEX 01 COMPANY OVERVIEW EARNINGS PRESENTATION 02 Q2 | FY25 INDUSTRY OVERVIEW COMMITTED TO ESG & 03 WOMEN EMPOWERMENT QUARTERLY & 04 OPERATIONAL OVERVIEW 05 SUMMARY OF FINANCIAL STATEMENTS Trident Limited Yarn | Bath & Bed Linen | Paper Earnings Presentation Q2 FY25 4 Earnings Presentation Q4 FY24
Slide 6: Company Overview
COMPANY OVERVIEW YARN | BED & BATH LINEN | PAPER | CHEMICALS | ENERGY Earnings Presentation Q4 FY24 5
Slide 7: Trident's Journey @ a Glance
TRIDENT’S JOURNEY @ A GLANCE Leading Integrated Home Textile A Manufacturers With 30+ Year Track Record EARNINGS PRESENTATION B Q2 | FY25 World’s Largest Wheat Straw-based Paper Manufacturer in North India for Branded #1 Copier segment 15500+ 90+ Workforce Countries C World-Class Infrastructure & Te
Slide 8: Trident's Transformation Journey
TRIDENT’S TRANSFORMATION JOURNEY Going Forward Started As A Digital Trident – Completing Making Trident a Commodity Player Industry 4.0 Journey National Brand EARNINGS PRESENTATION Transition & ▪ E-Sourcing ▪ Real Time Performance ▪ E-commerce Website ▪ Inception: Started as a yarn Diversification P
Slide 9: Committed to ESG & Women Empowerment
COMMITTED TO ESG & WOMEN EMPOWERMENT Earnings Presentation Q4 FY24 8
Slide 10: Our ESG Performance
OUR ESG PERFORMANCE CLIMATE ▪ SUBMITTED SCIENCE-BASED TARGET INITIATIVES (SBTI) TARGETS. CHANGE ▪ OUR RENEWABLE ENERGY SHARE IN TOTAL ENERGY MIX IS 44 % ▪ TEXTILE MANUFACTURING WASTE IS ZERO TO LANDFILL WASTE ▪ WORKING TOWARDS ENSURING 100% CONFORMANCE TO ZDHC MRSL STANDARDS ▪ 698 TONNES OF PADDY ST
Slide 11: ESG
ESG ▪ FEMALE EMPLOYEES IN OUR ORGANISATION STANDS AT 18.92 %. DEI ESG DISCLOSURES EARNINGS PRESENTATION ▪ TARGET IS TO HAVE A REPRESENTATION OF 30% BY THE YEAR 2030. ▪ SUSTAINABILITY REPORT AS PER GRI REPORT. ▪ BRSR AS PER SEBI. ▪ CDP CLIMATE CHANGE AND Q2 | FY25▪ BUDHNI SITE IS A ZERO LIQUID
Slide 12: Committed Towards Social Cause
COMMITTED TOWARDS SOCIAL CAUSE UPLIFTING THE DIFFERENTLY ABLED • Impacting 10,000+ youths through short/long term skill development through Takshashila Academy. • Sponsored education of 900+ students and supply of books provided to more than 10,000 children. EARNINGS PRESENTATION OPPORTUNITIES FOR F
Slide 13: CSR Activities
CSR ACTIVITIES Construction of toilets- Govt High School Dhaula Parali Project (Stubble Management) EARNINGS PRESENTATION Trident has undertaken the construction of toilets at the Government High Trident's Parali Project aims to address stubble management in the surrounding villages, School in Dhaul
Slide 14: Efficient Corporate Governance
EFFICIENT CORPORATE GOVERNANCE 1 National Award For Excellence In Corporate Governance EARNINGS PRESENTATION 2 Times Stood Among The Top 25 Indian Corporates Adopting Good Corporate Governance Q2 | FY25 3 Times National Recognition For Good Corporate Governance India Rating CARE CRISIL D&B AA (Stabl
Slide 15: Awards & Recognition
AWARDS & RECOGNITION EARNINGS PRESENTATION Q2 | FY25 Trident Limited Yarn | Bath & Bed Linen | Paper Earnings Presentation Q2 FY25 14 Earnings Presentation Q4 FY24 14
Slide 16: Key Events
KEY EVENTS EARNINGS PRESENTATION Q2 | FY25 US MARKET WEEK RETAILERS MEET The company showcased an expansive range of its latest collections Trident Group, unveiled its Fall-Winter ’24 at its New York showroom during the prestigious NY Home Fashion collection today at Andaz, Aerocity, New Delhi. Trid
Slide 17: Owned Brand Across the Spectrum
OWNED BRAND ACROSS THE SPECTRUM Our International Home Textile Brands EARNINGS PRESENTATION Committed to holistic approach of adding value, our product portfolio comprises of an extensive range of in-house brand making us a one-stop solution for home textile. Q2 | FY25 Trident Limited TRIDENT’S HOME
Slide 18: Prospering Globally with Our Clientele
PROSPERING GLOBALLY WITH OUR CLIENTELE Our products are loved across the world and our lasting partnerships have been nurtured EARNINGS PRESENTATION over the decades through our international offices in US, UK, Gulf and India. Q2 | FY25 Trident Limited Yarn | Bath & Bed Linen | Paper Earnings Presen
Slide 19: Competitive Advantage
COMPETITIVE ADVANTAGE ▪ EARNINGS Q2 | FY25 PRESENTATION Favorable Government Policies Competitive cost of production Focus on ‘Make in India’ ▪ Competitive labor, power and raw material cost Backward Integration with yarn ▪ Lower variance in profitability ▪ Export enhancement ▪ Access to advanced te
Slide 20: Key Initiatives
KEY INITIATIVES Business Development Quality & Process Improvement ▪ ▪ ▪ EARNINGS PRESENTATION Customer Audits Digital Platform Enhanced CRM Implementation Implementation of DMS for visibility of business partners' inventory ▪ NABL Accreditation of Quality Lab for Bath & Bed Clear Tax – Automation i
Slide 21: Industry Overview
INDUSTRY OVERVIEW Earnings Presentation Q4 FY24 20
Slide 22: Global Market Overview
GLOBAL MARKET- OVERVIEW Amount in $Bn 1200 EARNINGS PRESENTATION 1300 80 1200 In 2022, the global 1000 Q2 | FY25 1100 textile and apparel 85 1000 trade was US$ 909 909 872 75 bn. having grown at 839 900 789 65 70 approx. 3% CAGR 71 800 70 57 since 2017. 50 60 51 700 50 715 It is expected to 600 reac
Slide 23: India's Domestic Industry Overview
INDIA’S DOMESTIC INDUSTRY OVERVIEW 300 250 250 Amount in $Bn EARNINGS PRESENTATION 250 16 200 Q2 | FY25 India’s domestic textile 200 165 54 & apparel has grown 150 from US$ 50 bn in 2010- 125 11 11 to US$ 110 bn in 150 110 2022, registering a 106 34 growth of 7% CAGR. 9 100 8 8 24 100 The market is
Slide 24: Home Textile Market Size
HOME TEXTILE MARKET SIZE The Home Textile Market size is The India Home Textile Market Home Textile Market estimated at USD 134.13 billion in Indian Home Textile Market size is estimated at USD 9.60 Market Size in USD Billion 2024, and is expected to reach Market Size in USD Billion billion in 2024,
Slide 25: Quarterly & Operational Highlights
QUARTERLY & OPERATIONAL HIGHLIGHTS Earnings Presentation Q4 FY24 24
Slide 26: Financial Snapshot Q2 FY25
FINANCIAL SNAPSHOT Q2 FY25 Total Income EBITDA Margin PBT Margin Cash Profit INR 17,205 Mn 13.72% 5.76 % INR 1,743 Mn Operating Equipment Efficiency Data Revenue Segment Q2FY25 Q2FY24 ● Q2FY24 ● Q2FY25 26% 29% 57% 57% 17% 14% 79.0% 82.0% 62.0% 56.0% 46.0% 56.0% 67.0% 76.0% Yarn Towel Sheeting Paper
Slide 27: Quarterly Highlights (P&L)
QUARTERLY HIGHLIGHTS (P&L) Figures in INR Million Particulars Q-2 FY 25 Q-2 FY 24 YoY Change Q-1 FY 25 QoQ Change Total Income 17,205 17,755 (3.10%) 17,496 (1.66%) EBITDA 2,361 2,540 (7.05%) 2,385 (1.01%) Depreciation 908 881 3.06% 906 0.22% Finance Cost 462 342 35.09% 463 (0.22%) PBT (After Exp. It
Slide 28: Quarterly Margins (P&L)
QUARTERLY MARGINS (P&L) 14.3% EBITDA MARGIN Exports as % of Revenue 13.7% 13.6% 18000 17755 70% 17496 17500 65% 17206 Exports as of Income 17000 63% 60% Q2FY24 Q1FY25 Q2FY25 16500 55% 9.3% 57% 55% 16000 50% 8.4% 8.4% EBIT MARGIN 15500 45% 15000 40% 14500 35% Q2FY24 Q1FY25 Q2FY25 14000 30% Q2FY24 Q1F
Slide 29: Business Key Ratios
BUSINESS KEY RATIOS Particulars Q-2 FY 2025 Q-1 FY 2025 Current Ratio 1.74 1.59 (with Current maturity of long-term debts) Current Ratio 1.91 1.68 (without Current maturity of LT Debts) TOL/TNW 0.59 0.74 Debt Equity Ratio 0.37 0.50 Interest Coverage Ratio 3.15 3.19 28 Q2FY24 Earnings Presentation Q4
Slide 30: Quarterly Highlights (B/S)
QUARTERLY HIGHLIGHTS (B/S) 0.36 As on As on As on 0.29 0.27 NET DEBT/ EQUITY Particulars Sep-23 Mar-24 Sep-24 (in times) Net Worth 41,381 43,091 42,783 Short Term Loans 4,220 8,018 4,239 Long Term Loans 11,740 12,590 11,277 As on As on As on Sep'23 Mar'24 Sep'24 1.54 Gross Debt 15,960 20,608 15,516
Slide 31: Segment Highlights (P&L)
SEGMENT HIGHLIGHTS (P&L) Y-o-Y Q-o-Q Particulars Q2FY25 Q2 FY24 Q1FY25 Revenue Percentage Change Change Q2FY25 Textile Revenue 14,757 14,654 0.70% 14,863 (0.71%) 14% EBIT 1,366 1,292 5.73% 1,433 (4.68%) EBIT Margin 9.26% 8.82% 44 bps 9.65% (39 bps) Paper & 86% Chemical Revenue 2,334 2,957 (21.07%) 2
Slide 32: Summary of Financial Statements
SUMMARY OF FINANCIAL STATEMENTS Earnings Presentation Q4 FY24 31
Slide 33: Historical P&L Statement
HISTORICAL P&L STATEMENT Recent performance and growth Particulars FY20 FY21 FY22 FY23 FY24 H1FY25 Total Income 47,240 45,353 69,415 62,913 67,903 34,702 ✓ Total Revenue for the H1FY25 stood at INR 34,702 Mn with sales growth of 6.65% owing EBITDA 8,653 8,270 15,100 9,418 9,949 4,746 to higher domes
Slide 34: Historical Balance Sheet
HISTORICAL BALANCE SHEET As on As on As on As on As on As on Particulars March 31, March 31, March 31, March 31, March 31, September 2020 2021 2022 2023 2024 30, 2024 CAPITAL AND LIABILITIES Capital 5,096 5,096 5,096 5,096 5,096 5,096 Reserves and surplus 24,573 28,070 32,876 36,162 37,995 37,687 Bo
Slide 35: Financial Performance
FINANCIAL PERFORMANCE REVENUE EBITDA 22% 67% 65% 64% 61% 56% 58% 18% 18% 54% 15% 15% 15% 14% 15,100 47,240 45,353 69,415 62,913 67,903 32,281 34,439 8,653 8,270 9,418 9,949 4,933 4,746 FY20 FY21 FY22 FY23 FY24 H1FY24 H1FY25 FY20 FY21 FY22 FY23 FY24 H1FY24 H1FY25 Revenue Exports as % EBITDA EBITDA Ma
Slide 36: Ratios Summary
RATIOS SUMMARY Type Parameters FY20 FY21 FY22 FY23 FY24 H1FY25 Net Debt/Equity 0.54 0.42 0.34 0.25 0.36 0.27 Solvency Ratios Net Debt/EBITDA 1.87 1.72 0.86 1.09 1.54 1.16 Interest Coverage Ratio 7.81 11.49 17.62 12.17 6.44 5.13 Current ratio 1.04 0.99 1.25 1.35 1.58 1.74 Fixed asset turnover 1.3 1.2
Slide 37: Revenue Split
REVENUE SPLIT TEXTILES PAPER Largest Player in terms of Terry Towel Capacity & One of the Highest Operating Margin among Key Listed Players in India EARNINGS PRESENTATION largest players in Home Textile Space in India Q2 | FY25 REVENUE SPLIT BETWEEN SEGMENTS H1FY25 30% 56% 14% H1FY24 25% 58% 17% Yar
Slide 38: Segmental Performance Annual
SEGMENTAL PERFORMANCE ANNUAL TEXTILES PAPER 18% 34% 31% 31% 26% 26% 25% 24% 10% 9% 9% 8% 8% 7% 13,431 11,451 37,776 38,161 59,394 49,243 55,853 26,717 29,620 9,225 7,041 9,800 5,564 4,818 FY20 FY21 FY22 FY23 FY24 H1FY24 H1FY25 FY20 FY21 FY22 FY23 FY24 H1FY24 H1FY25 Sales EBIT Sales EBIT Figures in I
Slide 39: Thank You
THANK EARNINGS PRESENTATION Q2 | FY25 YOU GET IN TOUCH Investor Relations, Trident Limited Tel: +91 9878997534 Fax: +91 161 5039 900 Email: jaydipchowdhury@tridentindia.com Visit us @ www.tridentindia.com Trident Limited Yarn | Bath & Bed Linen | Paper Earnings Presentation Q2 FY25 Earnings Presenta