Thomas Cook (india) Limited · NSE:THOMASCOOK
Thomas Cook (india) — Q1 FY2021 Earnings Presentation
33 slides from Thomas Cook (india)'s earnings presentation, Aug 6, 2020
Slide 1: Stock exchange submission letter for investor presentation
06th August, 2020 The Manager, The Manager, Listing Department Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot No. C/1, Dalal Street, G Block, Bandra-Kurla Complex, Bandra (E), Mumbai – 400 001 Mumbai – 400 051 Scrip
Slide 2: TCIL Q1 FY21 Earnings Presentation
TCIL Q1 FY21 Earnings Presentation Thomas Cook (India) Limited (TCIL) BSE: 500413 | NSE: THOMASCOOK
Slide 3: Table of contents
Table of contents Slide No Thomas Cook India Group at a glance 03 Summary: Q1 FY21 05 Key Developments 06 Update on Business operations & COVID-19 Management Strategy 07 • Cost and Cash Management 08- 10 • Business Operations 11-13 • Addressing Consumer needs 14-15 • Employee Wellbeing 16 Q1 FY21 Pe
Slide 4: Thomas Cook India Group at a glance
Thomas Cook India Group at a glance Thomas Cook Group Thomas Cook (India) Ltd is a leading Forex integrated Travel and Financial services Company in India, part of the Fairfax group which owns 65.6% stake Outbound in Thomas Cook India Domestic Integrated business model creates value through scale an
Slide 5: Key Highlights
© Key Highlights
Slide 6: Summary: Q1 FY21
Summary: Q1 FY21 • TCIL standalone reported a loss of Rs. 27 Mn. (after a non-cash gain of Rs. 212 Mn. on account of increase in the market value of shares of Quess Corp) Vs the EBT of Rs. 548 Mn. in the quarter ended June 2019 • At a consolidated level, the loss stood at Rs. 1,361 Mn. (after a non-
Slide 7: Key Business Developments
Key Business Developments Dnata Travel India’s Corporate Travel business (TMC) “COVID-negative” certification • Thomas Cook (India) Limited signed an agreement to take • Partnered with ICMR accredited medical centres pan India, becoming over dnata Travel’s extensive Corporate Travel portfolio of the
Slide 8: Update on Business operations & COVID-19 Management Strategy
Update on Business operations & COVID-19 Management Strategy Forex Safety Employee health Cost Savings: Q1 FY21 Holidays and safety MICE Value for money Cost Savings: FY21e Corporate Travel Employee DEI Innovation engagement Cash, Bank & MF Integration of key investment details functions: TCIL & SOT
Slide 9: Cost Savings – Q1 FY21
Cost and Cash Update on COVID-19 Management Strategy Management Cost Savings – Q1 FY21 Thomas Cook business across India ROW business Employee Cost Establishment cost Employee Cost Other Expenses 1,115 347 950 414 718 173 174 524 245 397 426 169 Q1FY20 Q1FY21 Saving Q1FY20 Q1FY21 Saving Q1FY20 Q1FY2
Slide 10: Cost Savings – FY21e
Cost and Cash Update on COVID-19 Management Strategy Management Cost Savings – FY21e Thomas Cook business across India Rest of the World businesses Costs (Rs mn) FY20 FY21e Variance FY20 FY21e Variance Payroll & Employee costs 4,067 2,534 -38% 4,230 2,851 -33% Establishment 1,420 781 -45% Marketing
Slide 11: Cash, Bank & MF investment details
Cash, Bank & MF investment details Cost and Cash Management Closing Balance - Rs mn 9,361 11,238 11,766 17,235 11,623 1,407 1,409 2,502 3,792 2,473 9,829 Rest of World Business 7,953 9,873 14,734 9,150 India Business 30-Jun-20 31-May-202 31-Mar-20 31-Dec-19 31-Mar-19 Particulars (INR mn) 30 June 202
Slide 12: Business Operations: Forex and Holidays
Update on COVID-19 Management Strategy Business Operations Forex Holidays • The Foreign Exchange business, classified as an essential service, • The Holidays business across Thomas Cook & SOTC reopened in restarted operation on April 16, 2020 completing over 25,000 phases post May 4, 2020 tapping in
Slide 13: Business Operations: Corporate Travel and DMS
Update on COVID-19 Management Strategy Business Operations Corporate Travel DMS • TCI Inbound India: Over 50,000 man hours of training conducted during the quarter. • The Corporate Travel business that restarted in June Operational and Financial Transformation Project in progress: leveraging technol
Slide 14: Integration of key functions of TCIL & SOTC
Integration of key functions of TCIL & SOTC Business Operations Integration of Product, Contracting and Operations to drive operational efficiencies, higher productivity and margin expansion Integrated Group Products, will drive higher operating strength led by higher volumes Single centralized cont
Slide 15: Addressing Consumer needs
Update on COVID-19 Management Strategy Addressing Consumer needs Safety Value for money Innovation Accessibility • Assured” Safe Travel Program in • Range of short-haul, land-only • Innovative packages around • Omni channel accessibility association with Apollo Clinics, which international destinati
Slide 16: Driving Business through Digitization
Update on COVID-19 Management Strategy Addressing Consumer needs Driving Business through Digitization Accelerated deployment of end to end Digital solutions & processes completed across business lines to ensure seamless delivery of contactless, scalable, secure solutions to customers in line with t
Slide 17: Employee Wellbeing
Update on COVID-19 Management Strategy Employee Wellbeing Emphasis on Employee health and safety remained key. Work From Home being continued with seamless remote working provisions High frequency employee engagement, constant training and upskilling sessions conducted across functions and teams
Slide 18: Q1 FY21 Performance
© Q1 FY21 Performance
Slide 19: Results – Q1 FY21 Consolidated
Results – Q1 FY21 Consolidated Particulars (Rs. mn) Q1 FY21 Q1 FY21 Shift (%) Particulars (Rs. mn) Q1 FY21 Q1 FY20 Shift (%) Revenue from Operations 850.6 23,168.8 (96%) Segment Revenue (a) Financial Services 236.7 811.8 (71%) Other Income* 458.1 181.5 152% (b) Travel and Related Services 350.4 20,3
Slide 20: Management comments- Q1 FY21
Management comments- Q1 FY21 Mr. Madhavan Menon, Chairman and Managing Director, Thomas Cook (India) Ltd., said, “Despite the stark backdrop of the Covid-19 pandemic that impacted our core businesses significantly during this period, the teams across the Group demonstrated leadership and resilience.
Slide 21: Outlook
Outlook Sales • We believe based on the current scenario and aligned with the new norms of business, Travel segment sales in FY21 are anticipated to be at approximate 29% of FY20 performance • Bookings in the leisure holidays segment are starting to witness an uptick. Based on estimates, the B2C tra
Slide 22: Supplementary Information
Supplementary Information • COVID-19 Response • New initiatives 21
Slide 23: Innovation & Reimagining Business
Innovation & Reimagining Business The company has taken several measures adapting to the new normal by re-imagining businesses and capabilities with a primary focus on ensuring health and safety at every stage FOREX MICE Holidays Business Travel Re-imagine Focus on Domestic destinations Omni Cha
Slide 24: New Product Launches – Short Haul
New Product Launches – Short Haul Self Drive Packages Workations Jungle Safari Packages Affordable Luxury Jalesh Cruises Honeymoon Packages Packages Domestic Packages Wellness Packages Premium Packages 23
Slide 25: New Product Launches – Long Haul
New Product Launches – Long Haul Cash Generation Packages starting from Rs 79900 Russia Egypt Italy (5days) Malaysia Europe Trio - 6 days – 6 days – 6DEL, BOM, daysBLR, MAA – 6 days HYD, AMD Eastern Europe - 6 days Bali (7days) Rs. 99900/- Rs. 99900/- Rs.1,09,900/- Rs.1,19,900/- Rs.99900/- Rs. 79900
Slide 26: MICE
MICE 25
Slide 27: MICE
ie ings EVENTS cos
Slide 28: Entrenching technology for perpetuity in savings
Entrenching technology for perpetuity in savings Tech enabled customer journey Leverage & Enhance Existing technology Thomas Cook India group has been consistently driving its Interact agenda towards automation and digitalization This created a strong foundation to implement additional Contact
Slide 29: Supplementary Information: Portfolio Investment, Sterling Holiday Resorts
Supplementary Information • Portfolio Investment • Sterling Holiday Resorts Limited 28
Slide 30: Portfolio Investments – Vacation Ownership & Resorts
Portfolio Investments – Vacation Ownership & Resorts Key Indicators FY 17 FY 18 FY19 FY20 Q1FY21 Key Highlights – Q2 New members additions 5,295 4,065 2,985 3,253 44 • Reopening of 6 Resorts in Jun’20 (Nos) • Launched --“Sterling CARES” A new hygiene Cumulative member base 80,036 84,101 87,086 90,33
Slide 31: Current Resort Network
Current Resort Network Riverfront & Jungle Beach Mountain Heritage Anaikatti (L) Corbett (L) Puri (O) Dharamshala (L) Palavelli (L) Sariska (MC) Goa (L) Manali (O) Guruvayur (MC) Thekkady (MC) Karwar (L) Mussoorie ((O) Jaipur (MC) Kanha (L) Nainital (L) Kufri (L) Gangtok (MC) Darjeeling (O) • 26 Res
Slide 32: Contact Us
Contact Us For further information please contact Debasis Nandy Urvashi Butani President and Group CFO General Manager- Investor Relations Tel: +91 22 4242 7000 Tel: +91 22 4242 7095 Email: Debasis.Nandy@in.thomascook.com Email: Urvashi.Butani@in.thomascook.com Corporate Identification No: L63040MH1
Slide 33: Disclaimer
Disclaimer This presentation has been prepared by Thomas Cook (India) Limited (“Company") solely for information purposes without any regard to any specific objectives, financial situations or informational needs of any particular person. This presentation may not be copied, distributed or dissemi
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