Thomas Cook (india) Limited · NSE:THOMASCOOK
Thomas Cook (india) — Q4 FY2019 Earnings Presentation
24 slides from Thomas Cook (india)'s earnings presentation, May 27, 2019
Slide 1: Cover letter to stock exchanges: Investors Presentation
27th May, 2019 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 Cod
Slide 2: Q4 & FY19 Earnings Presentation
Q4 & FY19 Earnings Presentation 27 May, 2019 Thomas Cook India Limited (TCIL) BSE: 500413 | NSE: THOMASCOOK
Slide 3: Thomas Cook at a glance
Solid platform for future Thomas Cook at a glance Thomas Cook is a leading integrated Travel and Financial services Company Thomas Cook Group in India, part of the Fairfax group which owns 66.93% stake in Thomas Forex Cook India Outbound Integrated business model creates value through scale and flex
Slide 4: Q4 & FY19 Financial Performance
Q4 & FY19 Financial Performance
Slide 5: Q4 & FY19 Consolidated Performance Summary
Q4 & FY19 Consolidated Performance Summary* All figures in Rs mn Total Income PBT EBIT from Operations 19 14,378 12,719 -182 Q4 FY19 -458 -223 Q4 FY19 Q4 FY18 Q4 FY19 Q4 FY18 Q4 FY19 Q4 FY18 Due to the nature & seasonality of the outbound travel segment, Q4 is typically a high investment quarter wit
Slide 6: Q4 & FY19 Performance Summary
Q4 & FY19 Performance Summary All figures in Rs mn Travel Segment (a) Forex Segment (b) Total (a+b) Income from Operations EBIT Income from Operations EBIT Total Income from Operations EBIT 12,279 678 210 141 12,957 651 351 10,780 105 152 11,432 257 Total Income from Operations EBIT Total Income fro
Slide 7: Results Background
Results Background Group Consolidated FY19 • Consolidated revenue from operations for FY19 increased by 18% from Rs.56 bn to Rs.66 bn • Consolidated PBT increased by 985% from Rs. 53 Mn. in FY18 to Rs. 573 Mn. in FY19* • Strong revenue growth of 19% in Travel & 14% in retail Forex for the FY and reg
Slide 8: Results Background: Other key developments
Results Background Other key developments • Completed the acquisition of a 51% stake in Digiphoto Entertainment Imaging (DEI), one of the world’s leading imaging solutions and services providers at an enterprise value of US$ 40.6 Mn. (Rs. 289 crores) • Thomas Cook India’s investment in the travel te
Slide 9: Business Segments – Travel
Business Segments – Travel B2C Revenue Mix - FY19 Outbound Domestic Visa Outbound business Domestic Travel Caters to corporate 1% -5% comprises of Leisure comprises of clients, walk-ins & Outbound, E- domestic focussed package tour clients, business of TCIL, activities of TCIL & innovative technical
Slide 10: Business Segments – Travel
Business Segments – Travel Travel segment gross operating margins Revenue mix Q4 FY19 Q4 FY18 Segment Q4 FY19 1.0% -6% 0.4% -7% Outbound 12% 24% 31% Inbound 28% 30% MICE 8% 33% Domestic 18% 22% Corporate Travel 6% 3% 2% 3% 27% DMS 14% 3% 14% 20% FY19: • The revenue from operations from the Travel in
Slide 11: Update on International DMS entities
Update on International DMS entities • TCIL acquired this business in June 2017, and has since then been committed to increasing volumes and containing losses. • DMS as a segment achieved EBITDA level breakeven in FY19, staging a smart turnaround driven by • Continuous focus on business growth and c
Slide 12: Business Segments – Travel Related Financial Services
Business Segments – Travel Related Financial Services Forex • One of India’s largest foreign exchange dealers with dominance in the wholesale segment and keen focus on the retail market as well • AD-II license holder • Only non bank in the country to issue Prepaid Travel cards • Member of SWIFT • On
Slide 13: Management comments- Q4 & FY19
Management comments- Q4 & FY19 Commenting on the results, Mr. Madhavan Menon, Group Chairman and Managing Director, said: ““The strong all round performance of the Thomas Cook India Group for FY19 demonstrates the width and diversification of the Group, not only across geographies, but business segm
Slide 14: Results – Q4 FY19 Consolidated
Results – Q4 FY19 Consolidated Comparable Reported Particulars (Rs. mn) Q4 FY19 Q4 FY18 Shift (%) Q4 FY19 Q4 FY18 Revenue from Operations 13,632.8 12,058.8 13.1% 13,632.8 25,722.9 Other Income 744.9 660.2 12.8% 744.9 878.0 Total Income from Operations 14,377.8 12,719.0 13.0% 14,377.8 26,601.0 Total
Slide 15: Results – Q4 FY19 Consolidated
Results – Q4 FY19 Consolidated Comparable Reported Particulars (Rs. mn) Q4 FY19 Q4 FY18 Shift (%) Q4 FY19 Q4 FY18 Segment Revenue (a) Financial Services * 678.2 651.4 4.1% 678.2 651.4 (b) Travel and Related Services * 12,279.2 10,780.2 13.9% 12,279.2 10,780.2 (c) Human Resource Services 6.1 (27.7) -
Slide 16: Results – FY19 Consolidated
Results – FY19 Consolidated Comparable Reported Particulars (Rs. mn) FY19 FY18 Shift (%) FY19 FY18 Revenue from Operations 66,032.5 56,054.2 17.8% 66,032.5 1,12,483.4 Other Income 1,154.4 1,084.9 6.4% 1,154.4 1,632.1 Total Income from Operations 67,186.9 57,139.1 17.6% 67,186.9 1,14,115.5 Total Cost
Slide 17: Results – FY19 Consolidated
Results – FY19 Consolidated Comparable Reported Particulars (Rs. mn) FY19 FY18 Shift (%) FY19 FY18 Segment Revenue (a) Financial Services * 2,763.8 2,652.4 4.2% 2,763.8 2,652.4 (b) Travel and Related Services * 60,624.1 50,770.4 19.4% 60,624.1 50,770.4 (c) Human Resource Services 33.5 (90.8) - 33.5
Slide 18: Supplementary Information
3 Supplementary Information • Thomas Cook Group Structure • Portfolio Investments • Digiphoto Entertainment Imaging (DEI) • Sterling Holiday Resorts Limited
Slide 19: Thomas Cook Group Structure
Thomas Cook Group Structure Thomas Cook Group 100% in all Operating companies Travel Services Group (TSG) Portfolio Investments 100% 49.02% 51% Kuoni Hong Overseas Sterling Digiphoto TCIL SOTC TCI* Quess Corp Entertainment Kong DMS Holidays Imaging (DEI) Private Safaris Private Safaris Desert Luxe A
Slide 20: Portfolio Investments – Digiphoto Entertainment Imaging (DEI)
Portfolio Investments – Digiphoto Entertainment Imaging (DEI) • Thomas Cook India Group, had announced its acquisition of a 51% stake in Digiphoto Entertainment Imaging (DEI), in March 2019. Business Operations Imaging Solution and Services School photography –KlassAkt • DEI has been successfully en
Slide 21: Portfolio Investments – Vacation Ownership & Resorts
Portfolio Investments – Vacation Ownership & Resorts • Sterling Holiday Resorts Limited (Sterling Holidays) is a leading holiday lifestyle company in India and the pioneer of Vacation Ownership (VO) in India • It has a current inventory of 2,278 rooms spread across 34 resorts Key Indicators FY 14 FY
Slide 22: Current Resort Network (2000+ Operational rooms)
Current Resort Network (2000+ Operational rooms) Riverfront Heritage Jungle Beach Mountain Dindi Shridi Corbett Puri Dharamshala Anaikatti Agra Sariska Goa Manali Jaipur Thekkady Karwar Mussoorie Kanha Daman Nainital Kufri Gangtok Darjeeling 31 Resorts + Lonavala Ooty 4 Nature Trail Resort Yercaud 3
Slide 23: 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 24: 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
Thomas Cook (India) — Q4 FY2019 Earnings Presentation on 6ix