Slide 1: Trident Limited Q1 FY20 Earnings Presentation
Trident Limited Q1 FY20 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 Q1 FY20 56% 25% 19% FY19 51% 30% 19% FY18 48% 33% 19% FY17 49% 33% 18% Bath &
Slide 4: Snapshot
Snapshot Key Market Statistics 02-August-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
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 -
Slide 6: Key Highlights - P&L
Key Highlights - P&L Revenue for the quarter stood at INR 1313 crores Q1FY20 registering a growth of 15% Y-o-Y as compared to TOTAL INCOME (INR CR) INR 1140 Crores in Q1FY19. PBT (INR CR) Bath Linen segment registering capacity utilization 1313 +15% 183 +123% of 56% in Q1 FY20 Q1FY19: 1140 Q1FY1
Slide 7: Key Highlights - B/S
Key Highlights - B/S as on June 30, 2019 Finance costs for Q1 FY20 stood at INR 35.84 crore NET DEBT (INR CR) LT DEBT (INR CR) Repayment of Long Term Debt of INR 93 Crore in 1924 -420Cr 1201 -93Cr Q1 FY20 ; Net Debt reduced by INR 420 Crore Cash Profit of INR 208 Crore during Q1FY20 FY19: 2344
Slide 8: P&L Statement (S)
P&L Statement (S) Particulars Q1 FY20 Q4 FY19 Shift Q1 FY19 Shift FY19 FY18 Shift Total Income 1,313.1 1,416.5 -7.3% 1140.0 15.2% 5265.3 4640.3 13.5% EBITDA 303.9 268.1 13.4% 203.1 49.7% 1023.1 914.0 11.9% EBITDA % 23.1% 18.9% +420bps 17.8% +530bps 19.4% 19.7% -30bps Depreciation 84.6 88.6 -4.5% 94.
Slide 9: Dividend Payout
Dividend Payout Year Total Div% Div. Amt. Type %age Dividend Payout Ratio (INR Per Share) 50% 45% st Q1 FY20 9% 0.9/- 1 Interim 9% 35% 1st Interim 6% 27% 2nd Interim 6% FY19 30% 3.00/- 3rd Interim 12% Final 6% FY17 FY18 FY19 Q1FY20 1st Interim 6% Historical Dividends (%age of Face Value) FY18 15% 1.
Slide 10: Management Comment
Management Comment Commenting on the performance, Mr. Rajinder Gupta, Chairman at Trident Group said: “The year has started on a strong note with healthy operational and financial performance during the quarter. Given our overall thrust on efficiencies, marketing and cost rationalization, we believe
Slide 11: Textile - Financials
Textile - Financials Sales (INR Crores) EBIT (INR Crores) 1057 145 916 39 Q1 FY19 Q1 FY20 Q1 FY19 Q1 FY20 Capacity Utilization Towel (In 000’ tons) Bed Linen (In mn. meters) Yarn (In 000’ tons) 120 100% 90% 50 63% 70% 200 99% 100% 100 98% 80% 60% 40 98% 80 70% 44% 50% 150 95% 56% 46% 96% 30 40% 100
Slide 12: Paper - Financials
Paper - Financials Sales (INR Crores) EBIT (INR Crores) 248 99 77 215 Q1 FY19 Q1 FY20 Q1 FY19 Q1 FY20 Capacity Utilization (Tonnage Basis) Copier v/s Non-Copier 200 89% 89% 89% 89% 90% 150 85% 100 80% Copier 50 75% 51% Q1 FY20 49% Non-Copier 175 175 175 175 0 70% FY17 FY18 FY19 Q1FY20 Capacity Utili
Slide 13: Financial Performance
Financial Performance Revenue (INR Cr) EBIDTA (INR Cr) EBIDTA EBIDTA % 1313 350 23.1% 24.5% 23.5% 300 22.5% 17.8% 250 21.5% 20.5% 200 19.5% 1140 18.5% 150 17.5% 100 16.5% 203 304 15.5% 50 14.5% 0 13.5% Q1 FY 19 Q1 FY 20 Q1 FY 19 Q1 FY 20 PAT PAT Margin PAT (INR Cr) 9.4% Interest Coverage Ratio 8.48
Slide 14: Financial Performance
Financial Performance Net Debt D/E Ratio Net Worth ROE Net Debt (INR Cr.) Net Worth (INR Cr) 3000 1.0 1.0 1.2 20.8% 2500 0.8 1.0 2500 16.6% 25.0% 0.6 2000 18.6% 13.3% 20.0% 2000 0.8 1500 15.0% 1500 0.6 1000 10.0% 1000 0.4 2714 2621 2344 1924 1816 2003 2241 2366 500 0.2 500 5.0% 0 0.0 0 0.0% FY17 FY1
Slide 15: Key Ratios
Key Ratios Particulars (INR crore) Q1 FY20 FY19 FY18 Return on Capital Employed* 19.0% 14.2% 10.6% Return on Equity* 20.8% 16.6% 13.3% Interest Coverage 8.5 8.7 7.7 Net Debt to Equity 0.6 0.8 1.0 Net Debt / EBITDA 1.6 2.3 2.9 *Excludes fair valuation of land as per IND – AS Credit CRISIL AA-/ CARE
Slide 16: 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 Q1 FY20 Earnings Presentation - Trident Ltd. 16