Indian Terrain Fashions Limited · NSE:INDTERRAIN
Indian Terrain Fashions — Q1 FY2025 Earnings Presentation
32 slides from Indian Terrain Fashions's earnings presentation, Aug 6, 2024
Slide 1: Exchange filing letter for investor presentation
ITFL/SEC/2024-25/AUG/05 6th August 2024 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot No. C/1, Dalal Street, G Block, Bandra-Kurla Complex, Mumbai – 400 001 Bandra (East), Mumbai- 400 051 Scrip Code – 533329 NSE Symbol: INDTERRAIN Dea
Slide 2: Indian Terrain Q1FY25 Investor Presentation
Indian TerrainQ1FY25 I N V E S T O R P R E S E N T A T I O N
Slide 3: Safe Harbor
Safe Harbor The information contained in this presentation is only current as of its date. Please note that the past performance of the company is not and should not be considered as, indicative of future results. This presentation may contain certain statements of future expectations and other forw
Slide 4: Table Of Contents
Table Of Contents Market Outlook Company at a Glance Business Update Financial Highlights Q1 FY’25 Stores Additions Q1 FY’25 Corporate Overview Annexures
Slide 5: Market Update: Industry
M A Industry R • Despite few favourable trends, the retail industry faced significant K headwinds. E • Consumers adopted a discerning approach to spending, T prioritizing value and necessity. U • The retail garment industry in India has seen mixed consumer trends, with few companies reporting growth
Slide 6: Company at a Glance
Company at a Glance Retail Network Shirts Bottom Wear 385+ Large Format Outlets 250+ Cities Spread Across 234 Exclusive Doors Outer Wear 4+ E-commerce Partners T-shirts Accessories 1200+ Doors under Multi Branded Outlets
Slide 7: At Indian Terrain, we love spending every day
“ At Indian Terrain, we love spending every day in creating clothing of elegant style and remarkable comfort that “
Slide 8: Q1 FY25 – Business Update
Q1 FY25 – Business Update • Revenue for the quarter stood at Rs.68 Crs with a drop of over 25% YOY, with lesser order intakes in the market. • Demand has weakened during the quarter across all the channels leading to a significant drop in revenue from both retail and wholesale segments. • The discon
Slide 9: Financial Highlights Q1 FY25
Financial Highlights Q1 FY25
Slide 10: Q1 FY25 – Financial Highlights
Q1 FY25 – Financial Highlights Net Sales (Rs. in Crores) EBITDA (Rs. in Crores) PBT (Rs. in Crores) -421.28% -25.93% -262.61% 6.4 92.3 -4.0 68.4 -10.5 -20.9 Q1 FY24 Q1 FY25 Q1 FY24 Q1 FY25 Q1 FY24 Q1 FY25 • Decline in Sales, EBITDA & PBT during the Q1 FY’25 due to weak demand environment. • Exceptio
Slide 11: Impact on discontinuation of Boys Wear-Q1
Impact on discontinuation of Boys Wear-Q1 • Revenue from Boy’s wear has come down Sales from Rs. 14 Crs in Q1 FY’24 to Rs. -3 Crs in Q1 FY’25 • Impact of boy’s wear closure is reflected 68.4 -25.9% 92.3 in reduction of Gross Margin from 36% during Q1 FY’24 to negative in Q1 FY’25. Men’s Boy’s • Nega
Slide 12: Revenue Mix – Channel Distribution – Q1
Revenue Mix – Channel Distribution – Q1 Revenue Mix in Q1 FY24 Revenue Mix in Q1 FY25 2.22 2.88 21.93 18.41 INR Rs. 92.3 108.7 CrCr Rs. 68.4 Cr 6.13 62.00 (3.22) 50.29 Retail Wholesale ONL OTHERS Retail Wholesale ONL OTHERS ▪ Revenue decline during the quarter is seen across the channels with lesser
Slide 13: Financial Performance
Financial Performance Standalone Profit & Loss Q1 FY25 Q1 FY’24 YoY Change Q4 FY24 QoQ Change (INR cr) Incomefrom Operations 68.4 92.3 -25.93% 114.2 -40.14% Other Income 1.03 0.68 1.10 TotalIncome 69.4 93.0 115.3 Operating Expenses 79.8 86.5 104.9 EBITDA -10.5 6.4 -262.61% 10.3 -201.51% Margin% -15.
Slide 14: Working Capital – Constantly Improving Efficiency
Working Capital – Constantly Improving Efficiency Continued monitoring and (INR Crs.) Q1FY25 FY’24 FY’23 focus on reduction Inventory 89 978 127 of Inventory & Receivable days. Inventory Days 75 78 92 Receivables 244 277 258 Debtor Days 206 222 188 GWC 333 375 385 GWC Days 281 300 280 Payables 121 1
Slide 15: Wide varieties curated for the modern men
Wide varieties curated for the modern men Elevate your occasion with extensive collection
Slide 16: Exclusive Store Details Q1 FY25
Exclusive Store Details Q1 FY25
Slide 17: New store openings
New store openings Namakkal, TN Dharmapuri, TN Nawadar, Bihar
Slide 18: Exclusive Stores: Q1 FY25
Exclusive Stores: Q1 FY25 Closing as on 30th Store Formats Jun’24 COCO (Company Owned Company Operated) 17 COFO (Company Owned Franchise Operated) 68 FOFO (Franchise Owned Franchise Operated) 124 EFO (Exclusive Factory Outlet) 26 Out of India 1 Total 234 Opening as Closing as on Region Additions Clo
Slide 19: Comprehensive range of products
Comprehensive range of products M U L P L T R I I O F N D A E U C U C E P T T E D
Slide 20: Corporate Overview
INDIAN TERRAIN Corporate Overview
Slide 21: Indian Terrain Fashions Limited
Indian Terrain Fashions Limited One of India’s Leading Casualwear Companies For The Male Demographic One of India’s leading fashion brands that Contemporary and Comfortable yet caters to the needs of the cosmopolitan, upwardly-mobile young Indian male. appealing casual Products range from shirts, t-
Slide 22: Our Journey
Our Journey • Did QIP for further growth. • Started unwinding Indian Terrain demerged • Launched Boys segment and departmental stores and Launched Indian Terrain introduced the brand targeting Tier 2,3, and 4 cities from Celebrity as a with 1 flagship store in “Indian Terrain BOY” to through retail
Slide 23: What gives ITFL an Edge
What gives ITFL an Edge Capital Light Model In-House Designing & Procurement Team Widespread Distribution Network Outsourcing for the Final Output Seasoned Management Focussed Branding & Advt. Campaigns
Slide 24: Key Management Personnel
Key Management Personnel Venkatesh Rajagopal Charath Ram Narsimhan Chairman and Executive Managing Director & Chief Director Executive Officer Founder with 25+ years of Holds Bachelor Degree from experience in the Apparel IIT and PGDBM (Finance) Industry from IIM-Lucknow. Have over 2 decades of expe
Slide 25: #Urban Cargos #SunLit Polos campaigns
#Urban Cargos C A M P A I G N S A C R O S S S T O R E S #SunLit Polos
Slide 26: Annexures
Annexures
Slide 27: Shareholding Pattern
Shareholding Pattern 44.43% 34.24% Share Information Public Promoters (As on June 30,2024) NSE Ticker INDTERRAIN BSE Ticker 533329 Market Cap (₹ Crores) 333.51 Shares Outstanding 4,42,91,685 Industry Fashion - Retail 15.33% 6.00% Corporate Bodies FIIs and FPIs
Slide 28: Profit and Loss Statement - Quarterly
Profit and Loss Statement - Quarterly REVENUE FROM OPERATIONS (INR CR) EBITDA MARGIN (IN %) Standalone Profit & Loss FY24 456.01 FY24 7.5% Q1-FY’25 Q4-FY’24 Q1-FY’24 (INR Cr) FY23 11.70% Income from Operations 68.4 114.2 92.3 FY23 500.8 Other Income 1.0 1.1 0.7 FY22 336.3 FY22 10.2% Total Income 69.
Slide 29: Balance Sheet
Balance Sheet Debt-Equity Ratio (IN %) Inventory Turnover Ratio (IN %) Standalone Balance 30th Jun’24 31st Mar’24 31st Mar'23 Sheet (INR Cr) FY24 0.48 FY24 4.07 Share Capital 8.9 8.9 8.9 FY23 0.25 FY23 4.79 Reserves And Surplus 172.6 188.0 202.7 FY22 0.25 FY22 4.64 Non-Current Liabilities 52.1 58.9
Slide 30: End of Season Sale (EOSS) Promotion
End of Season Sale (EOSS) Promotion:
Slide 31: End of Season Sale (EOSS) Promotion
End of Season Sale (EOSS) Promotion:
Slide 32: Thank You
www.indianterrain.com Thank You Communication Address Indian Terrain Fashions Limited Ernst & Young LLP Indian Terrain Fashions Limited Mr. Sheikh Sahenawaz/ Mr. Sainath S Mr. Binay Sarda - binay.sarda@in.ey.com Survey No. 549/2 & 232, Plot No.4 CFO/ Company Secretary and Compliance Officer Ms. Kast
Indian Terrain Fashions — Q1 FY2025 Earnings Presentation on 6ix