Indo Count Industries Limited · NSE:ICIL
Indo Count Industries — Q1 FY2022 Earnings Presentation
41 slides from Indo Count Industries's earnings presentation, Aug 3, 2021
Slide 1: Complete Comfort - Exchange Intimation Letter
Complete Comfort August 3, 2021 The National Stock Exchange of India ltd. BSELimited 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: IOL Scrip
Slide 2: Q1FY22 Investor Presentation
Indo Count Industries Limited Q1FY22 Investor Presentation August 2021
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, “The results of the first quarter of FY22 demonstrate our unique strategic vision and the resilience of our Company’s operating performance, coupled with intuitive management. We are witnessing a demand mome
Slide 5: Continuation of RoSCTL Scheme Till 2024
CONTINUATION OF RoSCTL SCHEME TILL 2024 ✓ Government approves continuation of Rebate of State and Central taxes and Levies (RoSCTL) till March 2024 on Export of Apparel/ Garments and Made-ups ✓ This would boost export in global markets; make Indian products globally competitive ✓ Gives much needed f
Slide 6: Strong Rebound in USA Retail Sales
STRONG REBOUND IN USA RETAIL SALES FACTORS THAT CONTRIBUTED TO RETAIL GROWTH Historical Retail Sales ($ in trillions) 4.44 – 4.56 Adoption of omni-channel distribution 3.67 3.81 4.02 3.38 3.51 2.84 2.94 3.03 3.17 3.28 Multiple sales avenues and accelerated 2.70 shift towards digital commerce Consoli
Slide 7: Retail Ecommerce Sales in US
RETAIL ECOMMERCE SALES IN US Retail Ecommerce Sales in US, 2019 – 2025 Online shopping has emerged as the most demanding and popular online activity worldwide. The pandemic brought the “structural shift” in the shopping behaviour of the customers and 32.4% strict Covid-19 protocols have played a maj
Slide 8: India Gaining Market Share in USA Home Textiles Market
INDIA GAINING MARKET SHARE IN USA HOME TEXTILES MARKET US imports of Cotton Sheets US imports of Cotton Pillow cases US imports of Cotton Bedspread 75 75 75 60 60 60 45 45 45 30 30 30 15 15 15 0 0 0 CY19 CY20 Jan-May21 CY19 CY20 Jan-May21 CY19 CY20 Jan-May21 India 53 54 62 India 17 18 20 India 50 52
Slide 9: 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 10: 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 11: Q1FY22 Performance Highlights
Q1FY22 PERFORMANCE HIGHLIGHTS
Slide 12: Achievements
ACHIEVEMENTS TEXPROCIL Recognized as ‘TOP PERFORMER’ ‘Boutique Living’ felicitated by Winner of 2 Gold trophies for the Supplier at Walmart’s Global Sourcing The economic times as second consecutive year Sustainability Summit ‘ET ICONIC BRAND OF 2021’ Mr. Mohit Jain Indo Count is an honoured with Th
Slide 13: Licensed Brand Tie-up for Global Markets
LICENSED BRAND TIE-UP FOR GLOBAL MARKETS The partnership will support Indo Counts long term vison to be the cornerstone for home textiles across the globe ▪ Announced new partnership with a licensed brand, Jasper Conran O.B.E. for an exclusive bed and bath collection, launching in Spring 2022 ▪ The
Slide 14: Sales Volume Performance
SALES VOLUME PERFORMANCE in million metres Quarterly Performance Annual Performance Impacted by Covid induced lockdown resulting in shutdown of manufacturing activities from 15th May’21 to 23rd May’21 23.9 CAGR: 17% 85-90 22.8 21.7 78.2 61.8 57.5 9.9 18.1 Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY22 FY19 FY20
Slide 15: Consolidated Q1 FY22: Growing Volumes, Revenues & Profitability
CONSOLIDATED Q1 FY22: GROWING VOLUMES, REVENUES & PROFITABILITY 83% 111% 18.1 709 9.9 Normalized 336 Volume 18.1 Mn metres Total Income Rs. 709 Crs Q1FY21 Q1FY22 Q1FY21 Q1FY22 229% 563% 128 117 PAT Normalized 39 Rs. 117 Crs EBITDA 18 Rs. 128 Crs EPS Q1FY21 Q1FY22 Q1FY21 Q1FY22 Rs. 5.95 Normalized fi
Slide 16: Q1FY22 Consolidated Financial Performance
Q1FY22 CONSOLIDATED FINANCIAL PERFORMANCE Particulars (Rs. Crs) Q1FY22 Q1FY21 YOY% FY21 Total Income 759 336 126% 2,557 EBITDA 178 39 357% 415 EBITDA Margin (%) 23.4% 11.6% 1,184 bps 16.2% Depreciation 10 11 43 Finance Cost 12 5 28 PBT 156 23 583% 340* Tax 39 5 91 PAT 117 18 563% 249 EPS 5.95 0.91 1
Slide 17: 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 18: Improving Performance Ratios
IMPROVING PERFORMANCE RATIOS ROE ROCE 19.4% 24.0% 16.7% 7.4% 10.8% 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 17 All figures on C
Slide 19: 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 20: Company Snapshot
COMPANY SNAPSHOT
Slide 21: 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 22: 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 23: 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 24: Foray in B2C & D2C Segment
| FORAY IN B2C & D2C SEGMENT
Slide 25: Enhancing Domestic Presence – Boutique Living & Layers
ENHANCING DOMESTIC PRESENCE – BOUTIQUE LIVING & LAYERS CAMPAIGNS IN INDIAN MARKET MARKETING STRATEGIES • Influencer marketing via local influencers • Initiated Personal based marketing and created ad campaigns for impressions and link clicks • Amazon, FB and IG linked Campaigns created A design boar
Slide 26: Activities During the Quarter – Boutique Living
ACTIVITIES DURING THE QUARTER – BOUTIQUE LIVING Partner of The Father movie in association with PVR Pictures. This gave us a platform to launch our latest Amethyst Collection CAMPAIGNS A design board created A design board for the Habitat created for the Collection for World Heirlooms of India Earth
Slide 27: Activities During the Quarter - Layers
ACTIVITIES DURING THE QUARTER - LAYERS Mothers Day film Fathers Day film Siblings Day 26
Slide 28: 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 29: Sustainability Is in Our DNA
SUSTAINABILITY IS IN OUR DNA
Slide 30: 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 31: Sustainability Initiatives
SUSTAINABLITY INITIATIVES Indo Count has contributed towards Project Indo Count is determined to protect the planet and Gigaton since inception for reducing GHG people by contributing to climate change reduction by emissions through various initiatives. adopting of more renewable energy resources. I
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 Indo Count Industries Ltd ‘ covin - 19 ‘ @ vaccination camp" ciTi CORA we GAGAN -A Cotton initiative of re comes you to JAGRUT”. \HIYAN #arora FARMER'S
Slide 35: Awards & Recognitions
AWARDS & \ RECOGNITIONS
Slide 36: Texprocil Export Awards 2019-20
TEXPROCIL EXPORT AWARDS 2019-20 Indo Count Industries Ltd. wins for a second consecutive year, two golds at Texprocil Export Awards 2019-20 Gold Trophy for the Highest export performance in Cotton Made Ups-Bed Linen/Bed Sheets/Quilts Gold Trophy for the Special Achievement Award in Cotton Made-ups 3
Slide 37: Recognized by Walmart Corporation as 'Top Performer' Supplier
RECOGNIZED BY WALMART CORPORATION AS ‘TOP PERFORMER’ SUPPLIER ✓ Recognized as ‘Top Performer’ suppliers at Walmart’s Global Sourcing Sustainability Summit ✓ In Walmart ‘Project Gigaton’, Indo Count has contributed towards reducing GHG emissions through various initiatives such as installation of sol
Slide 38: Recognition to Our Domestic Brands
RECOGNITION TO OUR DOMESTIC BRANDS ‘BOUTIQUE LIVING’ FELICITATED BY ‘LAYERS’ RECOGNIZED AS THE ECONOMIC TIMES AS ‘ET ICONIC BRAND OF 2021’ ‘THE FEMINA POWER BRAND OF THE YEAR 2021’ 37
Slide 39: Youth Icon Textile Award
YOUTH ICON TEXTILE AWARD 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 thei
Slide 40: Healthcare CSR of the Year 2021
HEALTHCARE CSR OF THE YEAR 2021 ▪ Honoured with the Navabharat Group 'Healthcare CSR of the Year’ Award ▪ The recognition was conferred to Indo Count by the Governor of Maharashtra, for our work towards Corporate Social Responsibility ▪ Commenting on the illustrious achievement, Mr. Mohit Jain, Exec
Slide 41: 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 — Q1 FY2022 Earnings Presentation on 6ix