Touchwood Entertainment Limited has informed the Exchange about Investor Presentation
Dated: 30th June, 2021
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 for the financial year ended 31st March, 2021
Dear Sir/Ma’am,
We hereby enclose the Investor Presentation on the audited standalone financial results of the Company for the financial year ended 31st March, 2021.
Kindly take the same on records.
Thanking You
Yours faithfully,
For Touchwood Entertainment Ltd.
Ashima Arora Company Secretary & Compliance Officer
Encl: As above
TOUCHWOOD ENTERTAINMENT LIMITED
INVESTOR’S PRESENTATION FY 20-21 Performance
Design & Decor
orate Events
Wedding Management
Design & Decor
Destination Wedding
Entertainment
About Us
Corporate Events
Exhibitions
Exhibitions
April 2021
www.touchwood.in
Who We Are?
Listed Event Management Company in India
Entertainment
Live Events
Political Activation
Exhibitions
Design & Decor
Be it a social party, corporate events, a grand extravaganza, we provide the most experiential entertainment services in India & Abroad
The real test of an event management company is how they organize large-scale live events
Worked with political parties across the spectrum, delivering effective and impactful on ground campaigns
Touchwood Exhibits designs and executes exhibition booths right from concept to execution
Concentrating on celebration décor and ambience. A special day made simply elegant
Wedding Management
With over 100 turnkey weddings, pre and post- nuptials, we know what it takes to be the best
Curated IPs
Focus on creating unique IPs to drive future growth
4
Why Touchwood Group?
An award wining enterprise with more than 2 decades of experience in managing the events
Two decades of experience and offers expert advice
One stop solution to all wedding and event needs
In depth market analysis of the latest themes & trends
Tie up with all types of hospitality and event partners
Dedicated professional team for each project
Global presence and experience of hosting events at international levels
Empanelment with local City / State government bodies
Cater to all kinds of budget
140 142
AWARDS RECEIVED
1350
HAPPY CLIENTS
3780
PROJECTS DONE
55
Milestones
1997: Founded by Mr. Manjit Singh as a PR firm.
1997- 2000
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.
2002 - 2006
2008: Ventured into complete wedding management and turn key wedding projects
2008 - 2012
2011: Ventured into décor and production. Designed some of the largest décor projects in India and Abroad
2012: Entered political activations and government fests and events.
Milestones
2014 - 2016
1997- 2000
2014: Started international destination weddings
2015: Started venues in the name of VEDA in
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 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.
Milestones
2020
2021
• Migrated from SME platform to Main Board (NSE). •
Launched Touchwood Wedding School & Matchmakers Conclave.
• Successfully completed 2 batches of Touchwood
Wedding School.
• Organized Virtual Masterclasses with various fashion influencers for global
beauty and audience.
• Organized various digital
initiatives such as WedNation, Beauty Baaja Baatcheet by Make Me Up & WedEd by Touchwood Wedding School. • Completed shooting of Gourmet Rides & Makeup
Reality series.
•
Launching all things beauty focused ecommerce application- Make Me Up.
•
• Releasing one of a kind and India’s first makeup reality show - web series ‘PUT YOUR GAME FACE ON’ and an upbeat Punjabi song ‘HAULI HAULI’, Launching Nail me up, a platform for nail artist, salons and products. Launching a platform for Shosha, accessories care & repair and products.
shoe &
•
• Touchwood Wedding School offline courses if
• •
COVID-19 situation permits. Launching Beauty School. Launching Wed Advisor - app and website for all wedding related queries and planning.
FY2021 Key Highlights
FY2021 vs. FY2020
Management Commentary
• Revenue of Rs. 1,006 lakhs, down 51.66% y-o-y
• EBITDA of Rs. 210 lakhs, down 35.5% y-o-y
EBITDA margin of 20.88%
• Profit Before Tax of Rs. 142 lakhs, down 44.76% y-o-y
Profit Before Tax margin of 14.17%
• Net Profit of Rs. 98 lakhs, down 44.43% y-o-y
Net Profit margin of 9.75%
Commenting on the results, Mr. Manjit Singh, Managing Director said:
“FY2021 has been an operationally challenging year for us. The event management industry has faced an unprecedented crisis in the form of the Covid-19 pandemic during the entire year. Events industry is profoundly impacted due to pandemic owing to lockdowns and widespread travel restrictions. The duration of the virus outbreak remains a key factor in assessing the overall impact of the pandemic. The digital initiatives along with traditional business operations and Curated IPs will help the Company maintain its strong market positioning in the near term.
With a strong industry experience and brand recognition coupled with recently launched new digital initiatives will not only allow the Company to overcome this unprecedented scenario but also emerge stronger.”
10
Key Business Highlights
Delivering Consistent Operational and Financial Performance
Global Events
12
countries International Presence
22
Total Events
32
Cities Covered
1135
Total Events
Domestic Events
2018
Started In
20
Total Events
Rs. 1006 Lakhs
FY21Revenue
Rs. 98 Lakhs 9.75 % FY2021 PAT and Margins
Rs. 210 Lakhs 20.88 % FY2021 EBITDA and Margins
7.26%
FY2021 ROE
Wedding Trends Post Covid
Couples are inclined towards open air or outdoor weddings as it provides lot more space compared to an indoor venue.
Adding sustainability to the wedding has become a top priority from switching to day weddings, to mindful planning of the wedding using good to earth concept.
To not let go all invitees, wedding invites are featuring shifts for guest arrivals this ensures that there is no crowding and the social distancing norms are followed.
Now weddings will be more mindful and conscious, but it will continue to be bigger once the virus threat is down to be negligible.
Due to growing length of days, size of budgets, Covid restrictions and limited time availability, people are turning to event planners
Emerging Trends: Smaller more intimate wedding with proper seating arrangements according to the state rules and conscious touches like welcome kits with sanitization kits.
15
Touchwood Curated IPs
Synergistic to Touchwoods existing business and Curated IP to drive future growth
1. Gourmet Entertainment Show 1. Gourmet Entertainment Show: Strategy
Strategy Going Forward
Going forward
South and West India, followed by International destinations
Day 1
Dedicated to Restaurants and Quick Service Restaurants
Day 3
Workshops, panel discussions and knowledge sharing sessions
Day 2
Caterers, food designers and celebrity chefs
Wedding and event planners
Venue operators & owners
Associations & influencers
Target Audience
Stalwarts of the F&B & catering business
Hoteliers & Restauranteurs
Food & beverage suppliers
Corporate giants
12
2. Make Me Up – About Us
An E-Commerce platform containing services as well as products related to the beauty segment
About Us
Vision
Model
Offering
Uniqueness
An E-Commerce platform catering to the needs of beauty products, salon appointments and at home services
To create Make Me Up, India’s biggest platform that connects top beauty professionals, salons, products and provides access to beauty experiences
Subscription based approach to provide all premium services in beauty and health segments
One stop solution for products and connects experienced make up service professionals
First B2C platform for beauty products, salon appointments and at home services in India
33
2. Make Me Up – Offerings
Starting with four verticals, subscription-based approach to access all premium services in beauty and health segment & become leader in the metro cities
1. Products – Selling all kinds of original branded beauty products
2. Home Services – Connecting with best beauty professionals near your home
3. Appointments – Appointment with premium saloons
4. B2C Events Activation – Connecting with audience
3. Wed Advisor
Wed Advisor is available on Desktop, Android Play Store and Apple App Store.
DESKTOP
MOBILE
3. Wed Advisor – About Us
Wed Advisor is a platform for users to get access to vendors of the Wedding and Events industry
About Us
A digital platform which provides access to thousands of verified vendors of the Wedding Industry
Vision
The vision is to create an online community where customers can interact, review and work with vendors providing wedding related services.
Model
The services are free of cost for end consumers. For vendors, listing is also free of cost though they can choose to avail premium services at a nominal cost
Offering
The website and app aims at offering verified data of 20000 vendors across 36 different categories related to the Wedding Industry
38
4. Nail Me Up – About Us
About Us
Vision
Nail me up will provide services and products related to nail art and care.
An E-Commerce platform that will cater to the needs of nail art & nail care products, appointments and at home services
To create Nail Me Up, India’s only platform that connects top nail artists, salons, products and provides access to beauty experiences
Model
Subscription based approach to provide all premium services in nail art and care segment
Offering
One stop solution for products and connects experienced nail-art service professionals to likewise consumers
Uniqueness
First B2C platform exclusively for nail art products, salon appointments and at home services in India
Art Of Nails!
33
5. Shosha – About Us
Shosha is India’s first & foremost app that will provides products, services & a platform to shoes & accessories space
About Us
Shosha is all about revolutionizing the shoe and bag service space and bringing it to your doorstep.
Vision
The vision is to create an online platform that will bring all services, products and help related to your shoes and accessories to your home.
Offering The app aims at offering services for shoe & accessory at consumer’s doorstep. With added facilities like
1)Shoe, Handbag, Accessory polish and repair services
2)Products – Footwear and footwear care products
3)Shoe and accessory rental services.
Bring back the shine!
4) Upscale product by authorized resellers
38
6. Touchwood Wedding School – About Us
Here’s presenting TOUCHWOOD WEDDING SCHOOL cultivated by the leaders of the trade & India's only NSE listed Event Management Company, Touchwood Entertainment Ltd.
Pioneers in International & Ethnic weddings with the accomplishment of 3500
projects.
The faculty and staff at Touchwood Wedding School have years of experience in the wedding domain with an urge to pass on the knowledge to the next generation.
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
38
Operational and Financial Performance
Performance Trend
Particulars (lakhs)
Revenue
EBITDA
Margin (%)
Profit Before Tax
Margin (%)
Profit After Tax
Margin (%)
Re-instated Basic EPS (Rs.)
Full Year
y-o-y
FY2021
FY2020
Growth (%)
1,006
210
2,081
326
20.88%
15.64%
142
14.17%
98
9.75%
1.21
258
12.4%
176
8.48%
1.60
(51.66)%
(35.50)%
(44.76)%
(44.43)%
(24.38)%
44
Financial Performance Trend
Revenue (Rs. Lakhs)
FY19
FY20
FY21
8 2 2 3
1 8 0 2
6 0 0 1
F Y 1 9
F Y 2 0
F Y 2 1
45
Financial Performance Trend
EBITDA (Rs. Lakhs) and PAT (Rs. Lakhs)
449
FY19
326
FY20
EBITDA
210
FY21
296
FY19
176
FY20
PAT
98
FY21
46
Financial Performance
(Rs. Lakhs)
Long Term Debt
Short Term Debt
Total Debt
Mar-2019 Mar-2020 Mar-2021
40
33
73
21
19
40
436
(397)
1,228
326
29
37
66
442
(376)
1351
210
Less: Cash & Cash Equivalents
382
Net Debt / (Net Cash)
Net Worth
EBITDA (LTM)
(309)
1,188
498
Net Debt / EBITDA
(0.62)x
(1.22)x
(1.79)x
Total Debt / Net Worth
Capital Employed
EBIT (LTM)
Net Profit (LTM)
ROCE
ROE
0.06x
1,296
435
297
0.03x
1,337
264
176
0.05x
1,462
148
98
33.55%
19.77%
10.10%
24.97%
14.37%
7.26%
33.55%
ROCE
19.77%
10.10%
Mar-19
Mar-20
Mar-21
24.97%
ROE
14.37%
7.26%
Mar-19
Mar-20
Mar-21
48
Disclaimer
This presentation contains statements that are “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to Touchwood’ future business developments and economic performance. While these forward looking statements indicate our assessment and future expectations concerning the development of our business, a number of risks, uncertainties and other unknown factors could cause actual developments and results to differ materially from our expectations.
These factors include, but are not limited to, general market, macro-economic, governmental and regulatory trends, movements in currency exchange and interest rates, competitive pressures, technological developments, changes in the financial conditions of third parties dealing with us, legislative developments, and other key factors that could affect our business and financial performance.
Touchwood undertakes no obligation to publicly revise any forward looking statements to reflect future / likely events or circumstances.
For further information, please contact:
Dinesh Singla Chief Finance Officer, Touchwood Entertainment Ltd
+91 9971698004 dinesh@touchwood.in
Entertainment
Wedding Management
Exhibits
CorporateEvents
Destination Wedding
Live Events
Political Activation
Design & Decor
REGISTERED OFFICE Plot No. 645 Near E.P.T Block, Sarojini Nagar, New Delhi, Delhi - 110023 E-mail: info@touchwood.in • Web: www.touchwood.in