Indo Count Industries Limited · NSE:ICIL
Indo Count Industries — Q3 FY2024 Earnings Presentation
38 slides from Indo Count Industries's earnings presentation, Jan 29, 2024
Slide 1: Stock exchange cover letter
Ref No.: ICIL/50/2023-24 January 29, 2024 National Stock Exchange of India Ltd. BSE Limited 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 : I
Slide 2: Q3 & 9MFY24 Investor Presentation
INDO COUNT INDUSTRIES LIMITED Q3 & 9MFY24 INVESTOR PRESENTATION
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, "As a leading exporter, our strategic focus continues to revolve around the expansion in both global and domestic markets. We are confident in our ability to evolve as a strong and credible global supplier,
Slide 5: Sustainable performance in 9MFY24, keeping FY24 guidance intact
SUSTAINABLE PERFORMANCE IN 9MFY24… KEEPING FY24 GUIDANCE INTACT 90-100 in million metres +32.7% +25.6% 74.7 19.5 68.2 14.7 54.3 Q3FY23 Q3FY24 9MFY23 9MFY24 FY23 FY24 Guidance YoY Performance FY23 Performance & FY24 Guidance • We remain steadfast in our commitment to navigate through challenges with
Slide 6: Consolidated Q3 & 9MFY24: sustainable performance, margin guidance intact
CONSOLIDATED Q3 & 9MFY24: SUSTAINABLE PERFORMANCE, MARGIN GUIDANCE INTACT Volume Total Income EBITDA PAT EPS Mn. metres Rs. Crs Rs. Crs Rs. Crs Rs. 11.8% 16.2% Rs. 1.90 Rs.2.93 +33% +10% +51% +53% 19.5 727.0 118 58 662.0 14.7 78 38 Q3FY23 Q3FY24 Q3FY23 Q3FY24 Q3FY23 Q3FY24 Q3FY23 Q3FY24 15.2% 17.4%
Slide 7: ICIL: Inclusion in Dow Jones Sustainability Index Family
ICIL : INCLUSION IN DOW JONES SUSTAINABILITY INDEX FAMILY DJSI Index Objective and Methodology The Dow Jones Sustainability Indices (DJSI) are globally recognized benchmarks, tracking the stock performance of the top 10% most sustainable companies across 61 industries. ▪ Indo Count debuts in DJSI 20
Slide 8: Driving Operational Efficiency
ENHANCING ESG TO GEAR FOR FUTURE GROWTH Digital Transformation Indo Count engaged Accenture on a digital transformative journey Efforts ▪ Process Enhancement Focus: Targeted functions for standardization and optimization include manufacturing, supply chain, logistics, and procurement ▪ Digital Core
Slide 9: Q3 & 9M FY24 Consolidated Profit & Loss Statement
Q3 & 9M FY24 CONSOLIDATED PROFIT & LOSS STATEMENT Particulars (Rs. Crs.) Q3FY24 Q3FY23 YoY% 9MFY24 9MFY23 YoY% Total Income 727 662 10% 2,507 2,233 12% EBITDA 118 78 51% 437 339 29% EBITDA Margin (%) 16.2% 11.8% 442 bps 17.4% 15.2% 227 bps Depreciation 22 16 61 48 Finance Cost 18 20 50 55 PBT 79 41
Slide 10: Continuous efforts to mitigate challenges & deliver sustainable performance
CONTINUOUS EFFORTS TO MITIGATE CHALLENGES & DELIVER SUSTAINABLE PERFORMANCE Empowering Growth Through Strategic Investments and Efficient Management Healthy Gross Margin : Leveraging the power of a Accomplished by enhancing value trusted brand: creation and formulating raw Well established product p
Slide 11: Our Journey of Resilience & Growth
OUR JOURNEY OF RESILIENCE & GROWTH ICIL established Acquired Bed Linen Enhanced capacity to ▪ With Bhilad unit acquisition Total Bed Linen Commencement of Pranavaditya capacity 90 mn meters Capacity increased to 153 Mn meters Spinning Operations Spinning Mills increased to Launched brand ▪ Brownfiel
Slide 12: Leadership Position
LEADERSHIP POSITION Our strategy of being a ‘Focussed’ and ‘Customer centric’ organisation has taken us to a leadership position Focused business approach Our extensive product portfolio Growing into a stronger Trusted and Innovative aids in better understanding assists us in providing customers cor
Slide 13: Industry Overview
INDUSTRY OVERVIEW
Slide 14: USA Home Textiles Market Dynamics
USA HOME TEXTILES MARKET DYNAMICS US imports of Cotton Sheets US imports of Cotton Pillowcases US imports of Cotton Bedspread India Pakistan China ROW 11.8% 13.9% 10.9% 12.2% 10.0% 13.0% 13.8% 12.1% 13.0% 12.0% 9.3% 10.9% 12.2% 13.5% 16.0% 11.9% 11.0% 19.3% 14.1% 14.5% 16.3% 14.1% 16.1% 13.0% 18.8%
Slide 15: Holiday Sales Update
HOLIDAY SALES UPDATE Historical Holiday sales(in $ billions) Holiday Sales Grew 3.8% to Record $964.4 Billion 964.4 929.5 881.6 782.3 690.8 716.9 678.9 628.0 646.7 583.2 611.1 553.3 567.6 512.1 526.0 501.5 502.7 528.8 467.2 496.0 437.6 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Slide 16: Retail Ecommerce Sales in US
RETAIL ECOMMERCE SALES IN US US Retail Ecommerce Sales: 2022 – 2026 Online penetration of US retail sales remains elevated from pandemic- fueled changes in (US $ Trillions) shopping behaviour Retail Ecommerce Sales Ecommerce's share of total retail sales by quarter (Q1FY19 – Q3FY23) % of Total Retai
Slide 17: Textile Industry Trends
TEXTILE INDUSTRY TRENDS Global Home textile market is expected Major export markets for home textiles Domestic Home Textile Market Scenario to reach $60bn by 2025 15 (in $ Bn) 60 51 ROW 35% USA 10 31% 8 7 Europe 4 34% 2 2020 2025E 2005-06 2010-11 2019-20 2020-21 2024E 2029E Source - Industry, variou
Slide 18: Company Overview
COMPANY OVERVIEW
Slide 19: About Us
ABOUT US The Largest Global Home Textile Bed Linen Company Domestic Business B2C & D2C brands Comprehensive product portfolio in the premium segment that comprises of bed sheets, fashion bedding, utility bedding and institutional bedding Our Forte ESG Focused Biodiversity Business Ethics Solar / Win
Slide 20: Our Global Footprint
OUR GLOBAL FOOTPRINT SERVICES (WORLD OVER) ▪ Product Development 10,000+ Employees UK ▪ EDI-based replenishment (Direct/Indirect) services USA ▪ Market Research UAE ▪ Total Supply Chain INDIA Solutions Corporate Office - Mumbai ▪ Inventory Planning • Showroom, Warehouse, E-com Manufacturing Plants -
Slide 21: Providing Complete Bedlinen Solution
PROVIDING COMPLETE BEDLINEN SOLUTION Bed Sheets Fashion Utility Institutional Bedding Bedding Bedding Flat Sheet Comforters & Duvets Mattress Pads, Basic white sheets Fitted Sheets Shams & Decorative Pillows Protectors, Pillows Shams & Pillows Pillow-cases Quilts, Coverlets Down Alt Comforters Bed S
Slide 22: Overview of B2C & D2C
OVERVIEW OF B2C & D2C
Slide 23: Our Brand Portfolio
OUR BRAND PORTFOLIO OUR PORTFOLIO Focused digital presence in US, Europe, Middle-East and India E-commerce & Other Digital Domestic Business Channels FY22 7% of Revenue FY22 2% of Revenue Current focus on FY23 10% of Revenue FY23 2.5% of Revenue Shift from Ambitious 5 Year Brand building Traditional
Slide 24: Licensed Brand Tie-ups
LICENSED BRAND TIE-UPS LAUNCHED HEALTH & WELLNESS GLOBAL BRAND - GAIAM PARTNERSHIP WITH A LICENSED BRAND, JASPER CONRAN an industry-leading health & wellness brand FOR AN EXCLUSIVE BED AND BATH COLLECTION, www.jasperconran.com/collections/home ✓ The GAIAM home collection is an extensive range of ✓ T
Slide 25: Jasper Conran Collection
JASPER CONRAN COLLECTION 24
Slide 26: Brand Promotion Activities Conducted During the Quarter
BRAND PROMOTION ACTIVITIES CONDUCTED DURING THE QUARTER Promoting the brand through various channels Marketing Creative Campaign Visual Merchandising Influencer Activities TENCEL CARRESA CAMPAIGN In-store branding for visibility Promoted Essential category products via in retail store influencers 25
Slide 27: Boutique Living – A Premium Brand
BOUTIQUE LIVING – A PREMIUM BRAND WITH EXQUISITELY CRAFTED BED LINEN DESIGNS Boutique Living is a brand for the well-heeled Indian with superior aesthetic sense and who have refined taste both in the interiors and bed linens. With a robust R&D, technical know-how and in-house production, Boutique Li
Slide 28: Layers – Affordable Bed Linen Brand
LAYERS – AFFORDABLE BED LINEN BRAND WITH MASSIVE ARRAY OF PRODUCTS Layers represents a remarkable combination of global designs and value pricing enabling customers to decorate their homes the way they desire Developed using cutting-edge technologies, Layers boasts of designs with contemporary & ele
Slide 29: Sustainability Is In Our DNA
SUSTAINABILITY IS IN OUR DNA |
Slide 30: Sustainability Initiatives
SUSTAINABLITY INITIATIVES • Indo Count is determined to protect the planet and people by contributing to climate change reduction by adopting of more Dyes from Natural Waste Extract renewable energy resources. To foster our sustainable offerings, we are • ICIL maintained CDP performance on one of th
Slide 31: Sustainability Initiatives
SUSTAINABLITY INITIATIVES Member at UNITED NATIONS GLOBAL COMPACT CEO study on Sustainability for 2022 Our Scientific approach to climate action - JOINING SBTI Indo Count is a member at United Nations Global Compact and the Company is committed to integrating UNGC’s Principles into the organizationa
Slide 32: Sustainable Raw Material Sourcing Initiatives
SUSTAINABLE RAW MATERIAL SOURCING INITIATIVES Gagan Avani Anant Total No. of Farmers Covered 50,000+ • Project Gagan aims to • Project Avani was • Project Anant is a employ long-lasting created to promote collaboration with CITI- alternatives to current sustainable social CDRA. Many of the agricultu
Slide 33: ESG Initiatives
ESG INITIATIVES Environmental The Way Ahead • Added renewable energy through solar project • Recycling and reuse of water through modernized ETP plant GHG Emissions • Conservation of water resources Reduce Scope 1 & 2 GHG • Reduction in the use of plastic & Recycling of plastic waste emissions by 33
Slide 34: CSR Initiatives
CSR INITIATIVES 1 2 Education Healthcare We provide improved infrastructure; We facilitate free health check-ups in remote area support 130+ schools, educate the villages/slum areas by providing preventive and curative specially-abled and facilitate them with healthcare programs, where we have treat
Slide 35: Awards & Recognition
AWARDS & RECOGNITION
Slide 36: Awards & Recognition
AWARDS & RECOGNITION BW Sustainable World Awards 2023 – Conferred by Business World ICIL has been awarded “BW Sustainable World Awards 2023” for “India's Most Water Efficient Organisation” of the year, conferred by Business World. This award recognizes organizations commitment towards improving wate
Slide 37: Awards & Recognition
AWARDS & RECOGNITION CII NATIONAL AWARD NIRYAT SHREE AWARD 2020-21 FEMINA POWER BRANDS 2022-23: LAYERS ICIL received a national level award for Excellence in ICIL has been awarded the “Niryat Shree Gold Water Management, conferred by the Confederation of Our Domestic brand Layers recognized as the T
Slide 38: 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 Ms. Manasi Bodas kklalpuria@indocount.com manasi.bodas@sgapl.net | +91 9821043510 M
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