Indian Terrain Fashions Limited · NSE:INDTERRAIN
Indian Terrain Fashions — Q2 FY2021 Earnings Presentation
31 slides from Indian Terrain Fashions's earnings presentation, Nov 17, 2020
Slide 1: Cover letter to stock exchanges on investor presentation
ITFL/SEC/2020-2021/NOV/03 17th November, 2020 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
Slide 2: Performance Highlights - Q2FY21 Result Highlights
PERFORMANCE HIGHLIGHTS November 2020 Q2FY21 Result Highlights
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: Index
Index Q U A R T E R LY FINANCIAL OUTLOOK ANNEXURE SNAPSHOT S TAT E M E N T S 04 18 23 26 3
Slide 5: Quarterly Snapshot
Quarterly Snapshot Particulars (₹ Cr) Q2FY21 Q2FY20 % YoY Q1FY21 % QoQ 1HFY21 1HFY20 % chg. Revenues 39.32 116.23 -66.17 13.39 193.65 52.71 199.53 -73.58 Decline in COGS % is due to balanced channel mix Other Income 3.24 0.77 320.78 4.44 -27.03 7.67 1.47 421.77 Covid-19 expenses incurred on acco
Slide 6: Quarterly Key Highlights
Quarterly Key Highlights Operating Revenue (₹ cr) Gross Margins (%) EBITDA (₹ cr) PAT (₹ cr) -66.2% -490.4% - 74 bps -139.5% 116.2 37.0 15.0 4.5 Q2FY20 Q2FY21 36.3 39.3 Q2FY20 Q2FY21 -5.9 Q2FY20 Q2FY21 Q2FY20 Q2FY21 -17.5 • Revenues dipped 66.2% as unlocking commenced intermittently with lesser work
Slide 7: Standalone Quarterly Profile
Standalone Quarterly Profile Sales (Rs. Cr) Gross Profit (Rs. Cr) 125.9 118.7 116.2 48.3 45.3 43.0 95.6 40.5 39.3 92.2 83.3 33.1 78.0 21.0 39.3 14.3 13.4 -3.5 Q2FY19 Q3FY19 Q4FY19 Q1FY20 Q2FY20 Q3FY20 Q4FY20 Q1FY21 Q2FY21 Q2FY19 Q3FY19 Q4FY19 Q1FY20 Q2FY20 Q3FY20 Q4FY20 Q1FY21 Q2FY21 PAT (Rs. Cr) EB
Slide 8: Retail, LFO, Online channel update
RETAIL LFO As on 30th Sep 2020, 202 Stores MBO were operational with an addition Business started sluggish but of 16 new stores picking up since mid of Q2 Most impacted Channel with very moderate retail off-takes EBO’s Continue to show stronger All Malls functional from traction in consumption pick
Slide 9: Store Details
y/ 4 oN a V4, TERRAIN DETAILS
Slide 10: New Store Openings – Himayat Nagar
New Store Openings – Direct to Consumer Focus Remains HIMAYAT NAGAR 9
Slide 11: New Store Openings – Srinagar
New Store Openings – Direct to Consumer Focus Remains SRINAGAR 10
Slide 12: New Store Openings – DB Mall Bhopal
New Store Openings – Direct to Consumer Focus Remains DB MALL BHOPAL 11
Slide 13: New Store Openings – Ooty
New Store Openings – Immense sales potential with focus on smaller towns OOTY 12
Slide 14: New Store Openings – Dharmapuri, Kancheepuram
New Store Openings – Immense sales potential with focus on smaller towns DHARMAPURI KANCHEEPURAM 13
Slide 15: New Store Openings – Thiruvanamalai, Sembakkam
New Store Openings – Immense sales potential with focus on smaller towns THIRUVANAMALAI SEMBAKKAM 14
Slide 16: Store Distribution Across Geographies
Store Distribution Across Geographies Opening Additions Closure / Converted Closing 1st Jul 20 30th Sept 20 110 102 42 39 30 29 24 23 12 4 3 6 0 1 1 2 1 0 0 1 South West North East Out of India STORE COUNT 24 14 COCO COFO FOFO EFO 67 97 *Store Count - 202 under direct management + 5 Stores under dis
Slide 17: Store Format Footprints
Store Format Footprints 202 1400+ Exclusive Doors Doors under Multi (inclusive of 24 Branded Outlets EFO) +482 7+ Doors in - MBO E-commerce Departmental - LFO Partners Stores - EBO 16
Slide 18: Outlook
Y) INDIAN i OUTLOOK
Slide 19: Outlook Ahead…
Outlook Ahead… Festive Period Sales picking up significantly Q3 should seeRetail EBO breakeven ~ profitability withGood Showing higher sales and controlled Momentum Costs. 02 01 Direct to Consumers ONLINE & IT.COM Continued thrust on expansion E-commerce will with Own retail EBO into continue to be
Slide 20: Sustainability Strategy
Sustainability Strategy 19
Slide 21: Sustainability Strategy
Sustainability Strategy Have set a long term objective to be India’s leading Sustainable Brand – LOOK GOOD AND DO GOOD Started the Journey in October with the launch of “ Fairtrade Collection” becoming India’s 1st High Street Brand to adapt the same Specific Goal to have more than 50% of produ
Slide 22: Mens Boys
MENS BOYS 21
Slide 23: Financial Statements
INDIAN TERRAIN ara CERTIFICATE Certificate
Slide 24: Profit & Loss Statement - Quarterly
Profit & Loss Statement - Quarterly Standalone Profit & Loss (INR cr) Q2FY19 Q3FY19 Q4FY19 Q1FY20 Q2FY20 Q3FY20 Q4FY20 Q1FY21 Q2FY21 Income from Operations 125.9 95.6 118.7 83.3 116.2 92.2 78.0 13.4 39.3 Other Income 0.5 0.5 1.3 0.7 0.8 0.7 1.7 4.4 3.2 Total Income 126.3 96.0 120.0 84.0 117.0 92.8 7
Slide 25: Profit & Loss Statement - Annually
Profit & Loss Statement - Annually Standalone Profit & Loss (INR cr) FY14 FY15 FY16 FY17 FY18 FY19 FY20 Income from Operations 232.0 290.0 325.0 325.9 401.5 422.4 369.7 Other Income 0.3 0.8 5.2 5.3 2.5 3.0 3.9 Total Income 232.3 290.8 330.2 331.2 404.0 425.4 373.5 Operating Expenses 207.9 256.9 283.
Slide 26: Balance Sheet & Key Ratios
Balance Sheet & Key Ratios Standalone Balance Sheet (INR cr) FY14 FY15 FY16 FY17 FY18 FY19 FY20 Share capital 5.7 7.2 7.3 7.6 7.6 7.6 7.6 Reserves and Surplus 30.5 119.2 146.2 171.3 196.4 222.1 208.5 Non-current liabilities 21.3 7.9 18.4 13.4 20.3 23.2 90.0 Current liabilities 83.2 81.3 90.9 108.6 1
Slide 27: Industry Data
INDIAN TERRAIN 26
Slide 28: India's Apparel Industry could moderately witness a degrowth in FY21E
India’s Apparel Industry could moderately witness a degrowth in FY21E Indian Apparel Market Size ($ bn) 164 74 78 67 35 21 2005-06 2010-11 217-18 2018-19 2019-20* 2025-26E Data Source: Ministry of Textiles & Wazir Analysis * Estimated 27
Slide 29: Share of the working population is expected to remain highest
Share of the working population is expected to remain highest in the next decade and even further. Top 5 reasons of millennial to shop Offline * Top 5 reasons of millennial to shop online* Millennial account for nearly half of the working age population 28
Slide 30: Social media platforms play an integral part in luring consumers
Leveraging of various social media platforms play an integral part in luring consumers to shop Faster internet access at a lower cost to drive online sales for e-com As per a report, Indian millennial spend 17 hours every week on online activities platforms 29
Slide 31: Thank You
Let’s Connect Contact information Name : Mr. S.Ramachandran (CFO) Email : response.itfl@indianterrain.com Corporate office Indian Terrain Fashions Limited SDF IV & C2, 3rd Main Road, MEPZ – Thank You SEZ, Tambaram, Chennai-600 045, Tamil Nadu, India
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