Trent Limited has informed the Exchange about Investor Presentation
7th November 2023
To Listing Department The National Stock Exchange of India Limited Exchange Plaza, Bandra-Kurla Complex, Bandra (East), Mumbai 400051 Symbol: TRENT
To Corporate Relations Department BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai 400 001 Scrip Code: 500251
Sub: Investors’ Presentation on unaudited financial results
Dear Sir / Madam,
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015, we enclose herewith an Investors’ Presentation on the unaudited financial results (standalone and consolidated) for the second quarter and half year ended 30th September 2023.
Thanking You, For Trent Limited
Krupa Anandpara Company Secretary
Encl.: as above
PERFORMANCE HIGHLIGHTS
Q2FY24
DISCLAIMER
Statements in this Presentation describing the Company’s performance may be “forward looking
Statements” within the meaning of applicable securities laws and regulation. Actual results may differ
materially from those directly or indirectly expressed, inferred or implied. Important factors that could
make a difference to the Company’s operations include, among others, economic conditions affecting
demand / supply and price conditions in the domestic markets in which the Company operates, changes
in or due to the environment, Government regulations, laws, statutes, judicial pronouncements and / or
other incidental factors
TRENT JOURNEY
Conceived
1998
JV 2014
2019
2023
1998
2016
2022
TRENT AT A GLANCE
₹5,427 Cr H1 FY24 Revenue
9 Mn+ WestStyleClub Members*
8.8 Mn+ Retail Area (sq. ft.)*
700+ No. of Stores*
145+ City Presence*
Note: * As of 30th September 2023
Q2 FY24 HIGHLIGHTS
Standalone
₹ 2891Cr
Revenue
59%
₹ 311Cr
Op. EBIT*
78%
₹ 375Cr
PBT
54%
Consolidated
₹ 2982Cr
Revenue
53%
₹ 321Cr
Op. EBIT* (incl. share from JVs & Assoc.)
88%
₹ 314Cr
PBT
129%
Store Count
661 Fashion Concepts#
65
Food & Grocery
#Includes SIS Stores
*Operating EBIT % is on net revenue and is excluding non-operating items & IndAS 116 impact
TRENDS – LAST 5 YEARS
Reported Revenue
CAGR: 37%
2,891
Operating EBIT* & Margin %
10%
11%
12%
7%
PBT & Margin %
13%
13%
16%
1,814
6%
51
125
175
311
1,020
818
452
-36
-8%
58
164
243
375
-73
-16%
Q2 FY20 Q2 FY21 Q2 FY22 Q2 FY23 Q2 FY24
Q2 FY20 Q2 FY21 Q2 FY22 Q2 FY23 Q2 FY24
Q2 FY20 Q2 FY21 Q2 FY22 Q2 FY23 Q2 FY24
*Operating EBIT % is on net revenue and is excluding non-operating items & IndAS 116 impact
SHAREHOLDING & MARKET CAPITALIZATION
Shareholding Pattern as on 30th Sept’23
Market Capitalization (Rs. Cr)
2% Others
6% Bodies Corp.
7%
Banks & Ins. Cos.
37% Promoters
9% Mutual Funds
Retail
15%
Foreign Corp.
24%
73,947
CAGR: 45%
50,479
36,468
23,885
17,202
11,461
Q2 FY19 Q2 FY20 Q2 FY21 Q2 FY22 Q2 FY23 Q2 FY24
FASHION CONCEPTS
FASHION CONCEPTS
Store Count
155
166
185
203
223
Q2 FY20 Q2 FY21 Q2 FY22 Q2 FY23 Q2 FY24
4.2 Mn+ Retail Area (sq. ft.)
223 No. of Stores
87 City Presence
WESTSIDE - BRAND PORTFOLIO
TRENT
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WESTSIDE CONNECT
Westside X Fitpage: Wesness
Live your dance, Live your denim
Westside X Sameera Reddy: 25 Years
Westside X NCPA
Westside X Mompower
WESTSIDE CAMPAIGNS
25 Years, Denim
Live Your Dance
Y2K
Engagements 33L+
Impressions 41L+
Organic Follower Growth 18K+
WESTSIDE - RECENT STORES
TRENT
A TATA Enterprise
Vadodara
Phoenix, Pune
FASHION CONCEPTS
Store Count
CAGR: 64%
411
268
57
88
121
Q2 FY20 Q2 FY21 Q2 FY22 Q2 FY23 Q2 FY24
3.5 Mn+ Retail Area (sq. ft.)
411 No. of Stores#
130 City Presence
#Includes SIS Stores
ZUDIO CAMPAIGNS
TRENT
A TATA Enterprise
ZUDIO CAMPAIGNS
TRENT
A TATA Enterprise
ZUDIO CAMPAIGNS
TRENT
A TATA Enterprise
ZUDIO - RECENT STORES
TRENT
A TATA Enterprise
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Lucknow
Surat
Bengaluru
SAMOH - BENGALURU
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TRENT
A TATA Enterprise
L
I
O
T U N O C O C
I
E R U P
FOOD & GROCERY
Revenue
CAGR: 20%
708
547
338
302
325
LFL Growth
8%
50%
29%
-15%
-2%
Q2 FY20 Q2 FY21 Q2 FY22 Q2 FY23 Q2 FY24
Q2 FY20 Q2 FY21 Q2 FY22 Q2 FY23 Q2 FY24
1 Mn+ Retail Area (sq. ft.)
65 No. of Stores
10 City Presence
STAR PRODUCT CATEGORY SPLIT
Q2 FY23
Q2 FY24
General Merchandise & Apparel 27%
Staples 27%
Fresh 13%
FMCG 33%
General Merchandise & Apparel 32%
Staples 26%
Fresh 16%
FMCG 27%
% Own Brand Share: 54% (Q1 FY23: 50%)
% Own Brand Share: 66% (Q1 FY24: 63%)
Our Own Brands
STAR OWN BRANDS – FABSTA, KLIA, SKYE
QoQ Category Share %
11.9
12.7
13.5
14.6
15.5
Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 Q2 FY24
STAR OWN BRANDS (HARDLINE) - SMARTLE
TRENT
A TATA Enterprise
SMARTLE Share in Hardline: 60%
STAR QUIK CAMPAIGN
TRENT
A TATA Enterprise
StarQuik
0CHXM5
Home Delivery
Trent Inspires Trent Cares
SUSTAINABILITY
SUSTAINABILITY AT TRENT
Smart electricity solutions for store electricity and HVAC The company is in the process of implementing intelligent electricity solutions in its stores and HVAC (Heating, Ventilation, and Air Conditioning) systems to optimize energy consumption. Setting up solar rooftops at Distributions Centers is also an initiative the company is in process of implementing.
Resource Efficiency
Waste Recycling Trent has made significant progress in waste management and recycling efforts. It has successfully recycled 1800 tons of waste material, diverting it from landfills and turning it into new products. Usage of eco-friendly packaging materials like recycled cardboard boxes, paper, and plastic bags reduces environmental footprint.
Strategic opening of new Distribution Centers to improve logistical efficiency Trent has adopted a sustainable logistics strategy by strategically opening new Distribution Centers. This approach helps in minimizing carbon emissions and reducing the company's environmental impact.
Sustainable Logistics
Use of EV trucks for last-mile connectivity As part of its commitment to sustainability, Trent is in the process of introducing electric vehicles (EVs) into its fleet for last-mile connectivity. This will help reduce greenhouse gas emissions, noise pollution, and dependency on fossil fuels.
SUSTAINABILITY AT TRENT
Social and Environmental audit of all the vendors in the supply chain: Trent conducts social and environmental audits of its vendors to assess their compliance with ethical and sustainability standards. This approach promotes transparency, fair labor practices, and environmental stewardship throughout the supply chain.
Product Stewardship
Membership of BCI cotton to establish traceability from farm to product: BCI promotes sustainable cotton production practices, including reduced water and chemical usage, fair labor practices, and traceability from farm to the end product.
Third party assessment during hiring and exit stage of employees Maternity benefits, upholding PoSH policy, women friendly travel policy
CSR Initiatives: • • •
Education of young female students between 8-10 standards through KC Mahindra Education trust Skill development of school children through Salaam Bombay Foundation Supporting selected high school graduates to complete their graduation through Karta Initiative India Foundation Entrepreneurship for rural women through Banyan Tree Foundation (Kaarigar Clinic)
Social & Governance
•
Thank You
For any queries, please email to: investor.relations@trent-tata.com
@Trent Limited. All rights reserved. Reproduction in whole or in part without written permission is strictly prohibited.