Touchwood Entertainment Limited has informed the Exchange about Investor Presentation
Dated: 24th May, 2023
To, Listing Department National Stock Exchange of India Limited Exchange Plaza, Bandra-Kurla Complex, Bandra (E), Mumbai -400051
Symbol- TOUCHWOOD
ISIN- INE486Y01013
Series- EQ
Sub: Investor Presentation on Q4 & FY23 Financial Results
Ref: Regulation 30 of SEBI LODR Regulations, 2015
Dear Sir/Ma’am,
Pursuant to the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, enclosed is Investor Presentation on Audited Financial Results (Standalone & Consolidated) of the Company for the quarter and financial year ended March 31, 2023.
A copy of the presentation is being uploaded on the website of the Company www.touchwood.in.
Kindly take the same on records.
Thanking You
Yours faithfully,
For Touchwood Entertainment Ltd.
Ashima Arora
Company Secretary & Compliance Officer (Membership No. A58754)
Encl: As above
INVESTOR PRESENTATION
Q4 & FY 2023
SAFE HARBOUR STATEMENT
This presentation contains forward-looking statements that reflect management’s current views with respect to certain future events and potential financial performance. Forward-looking statements are other than statements of historical facts. The words “believe,” “expect,” “anticipate,” “intend,” “estimate,” “outlook,” “will,” “may,” “continue,” “should” and similar expressions identify forward-looking statements.
Forward-looking statements include statements regarding objectives, goals, strategies, outlook and growth prospects; future plans, events or performance and potential for future growth; liquidity, capital resources and capital expenditures; economic outlook and industry trends; developments of the Company’s markets; the impact of regulatory initiatives; and the strength of competitors. The forward-looking statements in this presentation are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, management’s examination of historical operating trends, data contained in records and other data available from third parties.
Although the Company believes that these assumptions were reasonable when made, these assumptions are inherently subject to significant known and unknown risks, uncertainties, contingencies and other important factors which are difficult or impossible to predict and maybe beyond our control. Such risks, uncertainties, contingencies and other important factors could cause the actual results of the Company or the industry to differ materially from those results expressed or implied in this presentation by such forward-looking statements.
The information, opinions and forward-looking statements contained in this presentation speak only as at the date of this presentation and are subject to change without notice. The Company and its respective agents, employees or advisors do not intend to, and expressly disclaim any duty, undertaking or obligation to, make or disseminate any supplement, amendment, update or revision to any of the information, opinions or forward-looking statements contained in this presentation to reflect any change in events, conditions or circumstances beyond what is required by applicable law or applicable stock exchange rules and regulations.
By viewing this presentation, you acknowledge and agree to be bound by the foregoing limitations and restrictions.
CONTENT
ABOUT US
MILESTONES
WEDDINGS BY TOUCHWOOD
TOUCHWOOD'S CURATED IPS
OPERATIONAL & FINANCIAL PERFORMANCE
01 02
03 04 05
About Touchwood
With over 2 decades of experience and making a strong place in the
industry, Touchwood Entertainment Ltd is a NSE Listed event management
company. We are a Specialized Wedding & Event Management Company for
Bespoke &
Luxury Weddings and Celebrations within
India and
Internationally.
WEDDING MANAGEMENT
ENTERTAINMENT
LIVE EVENTS
POLITICAL ACTIVATIONS
EXHIBITIONS
DESIGN & DECOR
CURATED IPs
Milestones
1997: Founded by Mr. Manjit Singh as a PR firm. 1999: Mr. Vijay Arora joined him and started venturing into events mainly College fests and started exploring entertainment, social & corporate events. 2000: Entered into talent management
2002: Signed 10 Bollywood singers and managed them for more than a decade. 2005: Became India’s No.1 talent management company 2006: Ventured into large scale government and public events
2008: Ventured into complete wedding management 2005: Ventured into décor & production. Designed some of the largest décor projects in India and Abroad 2012: Entered political activations and government fests and events.
2014: Started international destination weddings 2015: Started venues in the name of VEDA 2016: First Company to handle international presidential election campaign in Gabon
2017: First Event Management Company listed on NSE emerge SME platform; Talent Square becomes the largest talent Management Company in India 2018: Started IPs – Make Me Up and Gourmet Entertainment Show. 2019: Scaled VEDA – Jaipur and beyond; Becomes No.1 agency for weddings, political activities, roadshows and below- the-line activities, launched 1st edition of Make Me Up
2020: Migrated on main board (NSE) Launched Touchwood Wedding School. Organized MMU Masterclasses with various beauty and fashion influencers for a global audience online 2021: Released India’s first makeup reality web series ‘PUT YOUR GAME FACE ON’ and an upbeat Punjabi song ‘HAULI HAULI’,
2022: Launched all things beauty-focused e-commerce app- Make Me Up Launched MakeMeUp School of Makeup. Launched Wed Advisor app, website and magazine. 2023: Launched Shosha, a platform for footwear purchase, care and repair. Shaadi Ready - an initiative of MakeMeUp, it is a one stop solution to all wedding dry salon requirements!
TOUCHWOOD'S EVENT MANAGEMENT PROCESS Well defined & professionally managed Event Management Process
Weddings by
TOUCHWOOD
The wedding industry in India is a thriving and rapidly growing is estimated to be worth over $50 billion. industry that Weddings are an important cultural and social event in India, and they are often elaborate, expensive, and involve multiple ceremonies and rituals. The industry in India is a vibrant and dynamic sector that continues to grow and evolve, driven by changing consumer preferences, new technologies, and a deep cultural and social significance attached to weddings in Indian society. Intertwining two souls and families for a lifetime, Touchwood Entertainment Ltd has been weaving fairytale weddings for over two decades, all in style and grandeur. An industry, illustrious Touchwood encapsulates what you want and turns it into a visual and experiential treat.
the weddings and events
leader
in
Destination Weddings
Weddings in India have become an intimate affair, people now prefer to have thinner guest lists. The focus has shifted from quantity to quality, people are now preferring to have premium weddings with close ones. This has in destination led to a significant weddings. Spending almost the same amount or sometimes more, people have shifted from an extensive guest list of about 500-600 guests, to 200-250 with emphasis on enhancing the overall experience of their near and dear ones. In the past year (2022- 2023) , Touchwood Group has done about 24 destination weddings and social events.
increase
WEDDINGS BY TW 2022 - 2023
50 +
weddings around the globe
20 %
International weddings
DESTINATION COVERED 2022 - 2023 INDIA
•Delhi •Mussoorie •Ludhiana •Lucknow •Goa •Hyderabad •bangalore
•Jaipur •Jodhpur •Udaipur •Nagpur •Indore •Kochi •Karnal
DESTINATION COVERED 2022 - 2023 INTERNATIONAL
6 + weddings 6 + weddings
Dubai Dubai Abu Dhabi Abu Dhabi Antalya Antalya
HIGHLIGHTS
Akshita & Siddharth's Wedding
Location : Raffles Dubai No. of pax : 400+ Month: Feb
POLITICAL EVENTS
TOUCHWOOD WEDDING SCHOOL
Touchwood Wedding School aims at creating a place which will embark and educate the budding talent who has lot of creativity and the spark within which will give.
Creativity, innovation, and a desire to challenge the status quo will affect what and how we teach and the intellectual ambitions of the Touchwood Wedding School itself.
INDIA'S BIGGEST BEAUTY PLATFORM! 2022 - 2023
Overview
India’s first and biggest platform of its kind, Make Me Up
is an entity that brings the entire beauty & makeup
industry under one roof; from cosmetic companies, to the
artists practicing the art of makeup, to salons and spas
and all the young aspiring talent that are waiting to join
the industry.
With a vast expanse of different avenues under our
umbrella.
The company has different verticals via which it operates
1. MakeMeUp Festival
2. MakeMeUp School of Makeup
3. MakeMeUp Masterclasses
4. MakeMeUp App and Website
5. Shaadi Ready
MAKEMEUP FESTIVAL - 2022
The MakeMeUp Festival a yearly entity undertaken by the brand is a 2 day celebration of the beauty industry with the participation of all aspiring & established beauty enthusiasts with numerous renowned beauty & makeup masterclasses & brand activations along with larger than life hair & beauty shows curated by students from the MakeMeUp School of Makeup !
The event was set forth in the month of September,2022 and witnessed a footfall of over 5000+ people on both days, with the participation of over 20+ brands. Renowned influencer master classes were taken by artists like – Leena Bhushan, Kriti Ds, Mehak Oberoi, Bhumika Bahl, Amit Thakur, Sahil Malhotra & Gomit Chopra!
The event was a huge success, powered by PAC Cosmetics & the official Radio Partner for the event was Radio Mirchi 98.3 FM!
MakeMeUP E commerce Platform
MakeMeUp is India’s only website/app that connects consumers to top-notch make-up artists, beauty professionals, products, events and provides access to beauty experiences.
50 + Indian Homegrown and international Brands 80+ Hair, Makeup and Beauty Artists 20+Salons 600 + Event Tickets Sold 40k+ App Installs
Shaadi Ready Shaadi Ready
An initiative undertaken by the company to get actively involved in the billion dollar wedding industry! Shaadi Ready - an initiative of MakeMeUp, is your one stop solution to all wedding dry salon requirements! We help your guests achieve their party glow in quick time & by efficient professionals. This initiative has been taken up by our senior faculty at the MakeMeUp School of makeup along with our extremely trained & well practiced students! 4 projects have been successfully completed since the onset of the initiative - in different cities like – Udaipur, Jaipur & New Delhi .
Artist Management
Talent Square provides a comprehensive talent representation services as a liaison between our artists and industry professionals. We negotiate contracts, secure performance opportunities, and handle the administrative aspects of our artist's career.
Jasmine Sandlas
Harshdeep Kaur
Navraj Hans
Board of Directors
Manjit Singh Chairman & Managing Director
Vijay Arora Whole-Time Director
Priyanka Arora Director
Dr. Jaswinder Kaur Director
Manjeet Singh Saini Independent Director
Paruldeep Kaur Independent Director
Vijay Kumar Pugalia Independent Director
Michael Anthony Cruz Independent Director
Key Managerial Personnel
Dinesh Singla Chief Financial Officer
Ashima Arora Company Secretary & Compliance Officer
RESULT SUMMARY Q4 & FY2023
Profit & Loss Statement (Consolidated) - Q4 FY23
(Rs. in lakhs)
Profit & Loss Statement (Standalone) - Q4 FY23
(Rs. in lakhs)
Balance Sheet - FY23
(Rs. in lakhs)
Thank you!
Feel free to reach out to us if you have any questions.
Contact Details
Dinesh Singla Chief Financial Officer dinesh@touchwood.in
Website
www.touchwood.in