Slide 1: Trident Limited Q4 FY19 Earnings Presentation
Trident Limited Q4 FY19 Earnings Presentation
Slide 2: 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 3: Overview
Overview Textiles Paper Largest Player in terms of Terry Towel Capacity & One of the largest Highest Operating Margin among players in Home Textile Space in India Key Listed Players in India Revenue Split between segments FY19 51% 30% 19% FY18 48% 33% 19% FY17 49% 33% 18% FY16 46% 32% 22% Bath & Bed
Slide 4: Snapshot
Snapshot Key Market Statistics 10-May-2019 Global Presence BSE Ticker 521064 Corporate Office : Ludhiana, Punjab NSE Ticker Trident Manufacturing Facilities at: Sanghera & Dhaula, Punjab Bloomberg Code TRID:IN Budni, Madhya Pradesh Reuters TRIE.NS Marketing Offices (India): Mumbai, Gurgaon Market Pr
Slide 5: Evolution
Evolution Inception Entered Home Textile Augmented Towel Set-up Towel Unit Set-up Towel Unit-IV & First Set-up 1st Spinning with 1st Towel with Unit –II set up – III; Bed Linen Unit TEXTILES Unit Facility Manufacturing Unit Spinning with Unit- Added Spinning Added Spinning Units - Set up Spinning Un
Slide 6: Key Highlights - P&L (Q4 FY19)
Key Highlights - P&L Q4FY19 Textile: Highest ever quarterly volumes in Bed Linen and Yarn Segment with Q-o-Q growth of TOTAL INCOME (INR CR) PBT (INR CR) 25.9% and 8.9% over the previous quarter; 1416 +19% 147 +67% Bed Linen segment registering capacity utilization of 74% in Q4 FY19 Q4FY18: 1188 Q4F
Slide 7: Key Highlights - P&L (FY19)
Key Highlights - P&L FY19 Home Textile: Bed Linen volumes grew by 39.4% and Bath Linen volumes grew by 6.6% Y-o-Y in FY TOTAL INCOME (INR CR) PBT (INR CR) 19 as compared to last year; 5265 +13% 547 +40% Highest Ever yearly revenue of INR 5265 crores with 51% contribution from Home Textile Segment FY
Slide 8: Key Highlights - B/S
Key Highlights - B/S as on Mar 31, 2019 Finance costs for FY19 stood at INR 118.3 crore NET DEBT (INR CR) LT DEBT (INR CR) similar to last year despite increase in Short term borrowings 2344 -277Cr 1294 -395Cr Repayment of Long Term Debt of INR 432 Crore in FY18: 2621 FY18 : 1689 FY19; Net Debt redu
Slide 9: P&L Statement
P&L Statement (S) Particulars Q4 FY19 Q3 FY19 Shift Q4 FY18 Shift FY19 FY18 Total Income 1416.5 1306.4 8.4% 1187.9 19.2% 5265.3 4640.3 EBITDA 270.0 283.6 -4.8% 213.9 26.2% 1029.2 914.0 EBITDA % 19.1% 21.7% -260 bps 18.0% +110 bps 19.5% 19.7% Depreciation 88.6 89.2 -0.7% 98.2 -9.8% 363.9 404.0 EBIT 1
Slide 10: Dividend Payout
Dividend Payout Year Total Div% Div. Amt. Type %age (INR Per Share) Dividend Payout Ratio 50% 1st Interim 6% 35% 2nd Interim 6% 27% FY19 30% 3.00/- 23% 3rd Interim 12% Final 6% 1st Interim 6% FY16 FY17 FY18 FY19 FY18 15% 1.50/- 2nd Interim 6% Final 3% 1st Interim 6% Historical Dividends (%age of Fac
Slide 11: Management Comment
Management Comment Commenting on the performance, Mr. Rajinder Gupta, Chairman at Trident Group said: “The year gone by has been immensely fruitful for us as we accelerated work on our growth strategy while continually upgrading the business operating system to guide our financial and operational ex
Slide 12: Textile - Financials
Textile - Financials Sales (INR Crores) EBIT (INR Crores) 4223 415 3795 3721 348 2881 300 273 FY 16 FY 17 FY18 FY19 FY 16 FY 17 FY18 FY19 Capacity Utilization Towel (In 000’ tons) Bed Linen (In mn. meters) Yarn (In 000’ tons) 200 60% 63% 200 100% 50 70% 98% 50% 49% Project 29% 45% 60% 98% 150 50% 40
Slide 13: Paper - Financials
Paper - Financials Sales (INR Crores) 997 EBIT (INR Crores) 371 831 872 858 274 199 160 FY 16 FY 17 FY18 FY19 FY 16 FY 17 FY18 FY19 Capacity Utilization (Tonnage Basis) Copier v/s Non-Copier 88% 89% 89% 89% 200 90% 150 85% 100 80% Copier 50 75% 51% FY19 49% 175 175 175 175 Non-Copier 0 70% FY16 FY17
Slide 14: Financial Performance
Financial Performance Revenue (INR Cr) EBIDTA (INR Cr) EBIDTA EBIDTA % 20.4% 20.8% 19.7% 1200 19.5% 20.5% 1000 19.5% 800 18.5% 17.5% 600 16.5% 400 1029 3744 4773 4640 5265 15.5% 763 992 914 200 14.5% 0 13.5% FY 16 FY 17 FY 18 FY 19 FY 16 FY 17 FY 18 FY 19 PAT (INR Cr) PAT PAT Margin Interest Coverag
Slide 15: Financial Performance
Financial Performance Net Debt D/E Ratio Net Worth ROE Net Debt (INR Cr.) Net Worth (INR Cr) 4000 1.4 1.6 18.6% 3500 1.4 2500 13.9% 16.6% 20.0% 1.0 1.0 13.3% 18.0% 0.8 3000 1.2 2000 16.0% 2500 1.0 14.0% 1500 12.0% 2000 0.8 10.0% 1500 0.6 1000 8.0% 3421 2714 2621 2344 1742 1816 2003 2241 1000 0.4 6.0
Slide 16: Key Ratios
Key Ratios Particulars (INR crore) FY19 FY18 FY17 Return on Capital Employed* 14.2% 10.6% 11.7% Return on Equity* 16.6% 13.3% 18.6% Interest Coverage 8.7 7.7 7.0 Net Debt to Equity 0.8 1.0 1.0 Net Debt / EBITDA 2.3 2.9 2.7 *Excludes fair valuation of land as per IND – AS Credit CARE AA- (LT Bank Fac
Slide 17: Balance Sheet
Balance Sheet (S) As on As on As on As on Particulars (INR crore) Mar 31, 2019 Mar 31, 2018 Particulars (INR crore) Mar 31, 2019 Mar 31, 2018 Source of Funds Application of Funds Equity 2931.3 2693.5 Non Current Assets 4080.0 4300.6 Property, Plant & Equipment 3672.5 3851.7 Equity Share Capital 509.
Slide 18: Thank You
For more information about us, please visit www.tridentindia.com Pawan Jain/ Abhinav Gupta Investor Relations, Trident Limited Tel: +91 161 5039 999 Fax: +91 161 5039 900 Email: pawanjain@tridentindia.com; abhinavgupta@tridentindia.com Thank You Q4 FY19 Earnings Presentation - Trident Ltd. 18