Tata Consumer Products Limited · NSE:TATACONSUM
Tata Consumer Products — Tata Global Beverages — FY2014-15 Earnings Presentation
20 slides from Tata Consumer Products's earnings presentation, May 2015
Slide 1: Presentation on year end 14-15 results
Presentation on year end 14-15 results Analyst Meet May 2015 1
Slide 2: Agenda
Agenda Key Themes Performance Highlights Operating Performance Review Financial Review 2
Slide 3: Key Themes for 2014-15
Key Themes for 2014-15 Improved turnover and profitability MAP acquisition adds to top-line growth Tea Auction price trends • Kenya auction prices reflects a reduction of prices against prior year. • Kolkata action prices reflect an increase again prior year. Coffee commodity - average costs flat Cu
Slide 4: Performance Highlights – Group Operating Income
Performance Highlights – Group Operating Income Operating Income • At prior year fx rates operating income would be 5% higher. 8000 +3% 7950 7900 7850 7993 7800 7750 7700 7738 7650 7600 2015 2014 4
Slide 5: Performance Highlights – Group Operating Profit
Performance Highlights – Group Operating Profit Operating Profit • At prior year fx rates operating profit would be 4% higher. 645 +3% 640 635 630 642 625 620 623 615 610 2015 2014 5
Slide 6: Operating Performance highlights – South Asia
Operating Performance highlights – South Asia 7% top-line improves – both volume and value increases Significant milestone of achieving 100m kgs of sales in a fiscal Maintained Volume and value leadership Price increases taken in most of the brands to offset the increase in tea commodity costs. Sign
Slide 7: Operating Performance highlights – CAA – Canada, America
Operating Performance highlights – CAA – Canada, America Canada Sales improves over prior year Tetley masterbrand “variety” spot continues with a 5 second Cirque promotional tag. Specially designed limited edition Canadian Breast Cancer foundation pack is in store. New products listed are now gainin
Slide 8: Operating Performance highlights – CAA – Australia
Operating Performance highlights – CAA - Australia Robust topline growth • Improvement in F&H, green and main-strem black • New listing aids improvement insales. MAP acquisition adds Rs 72 crs to topline Green teas market share is up - now the no 3 player in the green tea market. Good growth in tea
Slide 9: Operating Performance highlights – EMEA
Operating Performance highlights – EMEA In UK - Decline in UK Black tea market continues. UK- Teafolk “medieval castle continued airing. • Strong promotional programme with good store visibility aligned to the advertisement air saw a robust growth in Tetley original • Tetley, chosen by Tesco, to be
Slide 10: Operating Performance highlights – EMEA cont’d
Operating Performance highlights – EMEA cont’d Middle East - Good performance driven by strong growth in KSA and GCC France - Green tea performs well. Czech Republic – stable performance. Maintains volume and value leadership. Russia – • Despite adverse market conditions losses reduce • Good perform
Slide 11: Operating Performance highlights – Other Branded Business
Operating Performance highlights – Other Branded Business Stable performance by the water business Himalayan • Product continues to expand footprint in retail stores in Singapore. • Marketing campaign launched in October 2014 • Singapore – brand metric performance in par with one of the premium inte
Slide 12: Operating Performance highlights – Non Branded Business
Operating Performance highlights – Non Branded Business Non Branded Business • Tata Coffee - profitability impacted • Lower plantation crop available for sale due to adverse weather and cyclical conditions. • Improved instant coffee sales • Tea plantations – lower crop available due to adverse weath
Slide 13: Financial Performance
Financial Performance May 2015 13
Slide 14: Performance Highlights
Performance Highlights Operating income higher by by 3% (5% in constant currency) Operating profit higher by 3% (4% in constant currency) • Improved profitability in branded business • Lower crop impacts plantation sales and profitability Adverse impact of exceptional items • Impairments taken in so
Slide 15: Financial Highlights – For the year
Financial Highlights – For the year Quarter ending March Particulars Year ending March 5% Operating income growth and 20 % increase in Operating Actual profits PY Variance (In Rs crores) Actual PY Variance 1923 1910 13 Total Operating Income 7993 7737 256 • Improved profitability in branded business
Slide 16: Regionwise income from operations
Regionwise income from operations Quarter ending March Year ending March Particulars Actual PY Variance (In Rs Crores) Actual PY Variance 499 490 9 CAA 2038 1928 110 527 587 (60) EMEA 2206 2344 (138) 652 612 40 South Asia Brands 2812 2596 217 1677 1688 (11) Total Brands 7057 6867 189 Total Non Brand
Slide 17: Balance Sheet
Balance Sheet Particulars March 2015 March 2014 (In Rs Crores) SOURCES OF FUNDS Shareholder’s Funds 6368 6773 Borrowings 1324 1438 Non Current Liabilities 461 432 Current Liabilities 1358 1355 TOTAL 9511 9911 APPLICATION OF FUNDS Fixed Assets: Goodwill 3892 4188 Others Fixed Assets 1077 1052 Investm
Slide 18: Dividend
Dividend Exceptional Dividend Dividend 124 Rs crores 142 139 133 133 124 124 108 92 92 67 56 2004/05 2005/06 2008/09 2009/10 2010/11 2013/14 2014/15 2006/07 2007/08 2011/12 2012/13 Dividend declared 225%, same as PY. The slight increase is mainly on account of the merger. 18
Slide 19: THANK YOU
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Slide 20: TATA GLOBAL BEVERAGES
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