r~~i) ~~ Amruta Avasare ~'NI Company Secretary C> ACS No.: - PDF document

22 nd May, 2019 The National Stock Exchange of India ltd. BSElimited Listing Department Department of Corporate Services Exchange Plaza, Floor 25, Phiroze Jeejeebhoy Towers, Dalal Street, Bandra Kurla Complex, Bandra (East), Mumbai - 400 051 Mumbai - 400 001 Company Symbol: Kll, Scrip Code No.: 521016 Subject: Investor Presentation FY19 Please find enclosed herewith a copy of Investor Presentation with respect to Audited Financial Results for the year ended 31 st March, 2019. Kindly take the above on record. Thanking you, Yours faithfully, For Indo Count Industries limited ~ r~~i) ~~ Amruta Avasare ~'NI • Company Secretary C> ACS No.: 18844 Encl: A/a INDO COUNT INDUSTRIES LIMITED India IT 912243419500 zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA I F 91 2222823098 Head OfIict: 301, Arcadia, III Aoor, Nariman Point, Mumbai - 400021 Maharashtra, Marie"ting Office: 25, Vardhaman Industrial Complex, Gokul Nagar, Than" (W). 400601 Maharashtra, India: T 912241511800 I F 91222172 0121 Hom" Textil" Divi,ion 13. Kagal • Hatkanangale Five Star. MI~C Ind. Area. Kolhapur • 416216 Maharashtra, India T 91 231 6627900 ' F 91 231 662 7979 Sp1!1n'ng 0'.", zyxwvutsrqponmlkjihgfedcbaZYXWVUTSRQPONMLKJIHGFEDCBA vI. MIDC, Gokul Shirgaon, Kohl.pur - 416234 Mahar .. ht"",lndiaiT 7400 IF 91231267 91231268 2161 India I T 912302463100/2461929 Office No. I, Plot No.266. V,II.V A1t", Kuml::hoj R""d, ialuk. Hatkan.ngale, Reed. 0fIi~ Dirt. KoIhapur - 416109 Mahar.shtra, C 172200PNI988PLC068972 E info@lindocount.com ,., "f'WW.indocount.com

Investor Prese In sentation – FY19 May 2019 1

Safe Harbor • 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 securities, and shall not form the basis or be relied on in connection with any contract or binding commitment whatsoever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company. • This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded. • This presentation contains certain forward looking statements concerning the Company’s future business prospects and business profitability, which are subject to a number of risks and uncertainties and the actual results could materially differ from those in such forward looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, competition (both domestic and international), economic growth in India and abroad, ability to attract and retain highly skilled professionals, time and cost over runs on contracts, our ability to manage our international operations, government policies and actions regulations, interest and other fiscal costs generally prevailing in the economy. The Company does not undertake to make any announcement in case any of these forward looking statements become materially incorrect in future or update any forward looking statements made from time to time by or on behalf of the Company. 2

Chairman’s Message Commenting on the results, Mr. Anil Kumar Jain , Executive Chairman said , “ The Indian Home Textile Industry continued to grow amidst challenging business environment led by currency volatility and higher input costs. Despite testing times, we have been able to grow our volumes for the full year. Going ahead, we believe in sweating our existing capacities to witness growth and operating efficiencies. “ 3

Volume Performance +6% (in Mn Meters) 57.5 54.3 Volume guidance for FY20: 63mn – 65mn metres FY18 FY19 4

FY19 Consolidated Performance Rs. 1,945 Crs Vs 4% YoY Rs. 1,867 Crs Net Income* Rs. 197 Crs Vs 15% YoY Rs. 171 Crs Normalized EBITDA* 10.1% Vs 96 bps YoY 9.2% Normalized EBITDA Margin* *Adjusting for Forex items 5 Figures are rounded off wherever required

Normalized Profit & Loss Statement Standalone Consolidated Particulars (Rs. Crs) Q4FY19 Q4FY18 YoY% FY19 FY18 YoY% FY19 FY18 YoY% Total Income 402 424 1,823 1,808 1,945 1,958 Less: Forex Gain/(loss) - 17 - 91 - 91 Net Income 402 406 -1.2% 1,823 1,718 6.1% 1,945 1,867 4.1% Total Expenses 381 364 1,662 1,543 1,778 1,696 Less: Forex Loss 10 - 31 - 31 - Net Expenses 371 364 1,631 1,543 1,748 1,696 NORMALIZED EBITDA* 31 42 -27.7% 192 175 9.9% 197 171 15.0% NORMALIZED EBITDA (%) 7.6% 10.4% (280bps) 10.5% 10.2% 36bps 10.1% 9.2% 96bps Reported EBITDA 20 60 161 265 166 262 Reported EBITDA (%) 5.1% 14.1% 8.8% 14.7% 8.5% 13.4% Reduced government Despite Challenges, Achieved 6% volume Exchange rate volatility incentives and higher Consolidated growth in FY19; from resulted in a forex loss input costs has Normalized EBITDA 54.3 million metres in of Rs. 31 Crs in FY19 resulted in increased grew 15% at Rs. 197 Crs FY18 to 57.5 million versus forex gain of Rs. operating expenses for with Normalized metres in FY19 91 Crs in FY18 the year EBITDA margin at 10.1% *Adjusting for Forex items 6 Figures are rounded off wherever required

Standalone Profit & Loss Statement Particulars (Rs. Crs) Q4FY19 Q4FY18 Growth FY19 FY18 Growth 402 424 1,823 1,808 Total Income - 17 - 91 Less: Forex Gain/(Loss) 402 406 -1.2% 1,823 1,718 6.1% Net Income Cost of Material 221 203 972 952 18 20 84 76 Power Cost 27 27 121 110 Employee Expenses 115 114 485 405 Other Expenses 381 364 1,662 1,543 Total Expenses 10 - 31 - Less: Forex Loss 371 364 1,631 1,543 Net Expenses Normalized EBITDA* 31 42 -27.7% 192 175 9.9% Margin 7.6% 10.4% (280bps) 10.5% 10.2% 36bps Reported EBITDA 20 60 161 265 Margin 5.1% 14.1% 8.8% 14.7% Depreciation 8 8 33 30 EBIT 12 52 128 235 Finance Charges 8 10 34 33 Profit before Tax 4 42 95 202 2 15 35 71 Tax Expense 2 27 59 131 Profit after Tax *Adjusting for Forex items 7 Figures are rounded off wherever required

Consolidated Profit & Loss Statement Particulars (Rs. Crs) FY19 FY18 Growth 1,945 1,958 Total Income - 91 Less: Forex Gain/(Loss) 1,945 1,867 4.1% Net Income Cost of Material 1,031 1,044 94 85 Power Cost 144 127 Employee Expenses 509 440 Other Expenses 1,778 1,696 Total Expenses 31 - Less: Forex Loss 1,748 1,696 Net Expenses Normalized EBITDA* 197 171 15.0% Margin 10.1% 9.2% 96bps Reported EBITDA 166 262 Margin 8.5% 13.4% Depreciation 35 33 EBIT 131 229 Finance Charges 36 35 Profit before Tax 95 194 36 69 Tax Expense 60 125 Profit after Tax *Adjusting for Forex items 8 Figures are rounded off wherever required

Balance Sheet Standalone Consolidated Particular (Rs. Crs) Mar’19 Mar’18 Mar’19 Mar’18 Fixed Assets (Incl. CWIP) 561 535 591 567 Investments 25 20 0 0 Other Non-Current Assets 9 4 9 4 Inventories 467 524 531 591 Investments 46 - 46 - Trade Receivables 275 325 255 287 Cash and cash equivalents 18 11 23 16 Other Current Assets 151 225 169 234 TOTAL 1,552 1,644 1,625 1,699 Equity Share Capital 39 39 39 39 Reserves & Surplus 921 899 935 917 Non-controlling Interest - - 7 7 Long Term Borrowings 57 49 57 49 Deferred tax Liabilities (net) 109 120 109 120 Other Non-Current Liabilities 14 3 14 4 Short term Borrowings 229 309 257 322 Trade Payables 126 181 144 192 Other Current Liabilities 57 44 63 49 TOTAL 1,552 1,644 1,625 1,699 9

Outlook for FY2020 and beyond 01 02 03 Product development Improving operational Global reach efficiency ▪ Focus on Bed Linen in the Home ▪ Establish relationship with new Textiles sphere marquee global customers ▪ Moving towards overall sustainability ▪ Focus on value-added products ▪ Tap newer geographies through R&D and innovation ▪ Building strengths in processing through value addition ▪ Initiatives in branding, ▪ Strengthening design distribution and e-commerce department to promote and ▪ Developing skill and talent of service fashion bedding employees requirements ▪ Prudent capital allocation for growth 10

Indo Count: At a Glance 11