Tata Motors Passenger Vehicles Ltd · NSE:TMPV

Tata Motors Passenger Vehicles — Tata Motors — Q2 FY2018 Earnings Presentation

23 slides from Tata Motors Passenger Vehicles's earnings presentation, Nov 9, 2017

  1. Slide 1: Investor Presentation Q2 FY 18

    Investor Presentation Q2 FY 18 Title 9th November 2017

  2. Slide 2: Forward-looking statements disclaimer

    Statements in this presentation describing the objectives, projections, estimates and expectations of the Company i.e. Tata Motors Ltd and its direct and indirect subsidiaries and its associates may be “forward looking statements” within the meaning of applicable securities laws and regulations. Act

  3. Slide 3: Table of Contents

    Table of Contents 1 Consolidated -Financial Highlights 2 Tata Motors Group- Standalone Business 3 Tata Motors Group- Jaguar Land Rover © Copyright, Confidential, Tata Motors Limited 11/9/2017 9th November 2017 3

  4. Slide 4: Consolidated Financial Highlights

    CONSOLIDATED FINANCIAL HIGHLIGHTS TATA MOTORS GROUP –CONSOLIDATED Rs crores Net Revenue EBITDA EBIT# PAT 4667 70156 2502 63577 9703 8172 3429 Q2 FY17 12.9% 13.8% 5.4% 6.7% 848 Q2 FY18 128692 128807 8508 5702 18070 15481 5932 H1 FY17 3109 14.0% 12.0% 6.6% 4.6% H1 FY18 Includes a Rs 3,609 crores of cr

  5. Slide 5: Standalone Business: Turnaround has started to deliver results

    TATA MOTORS GROUP- STANDALONE BUSINESS Our single minded focus on ‘TURNAROUND’ has started to deliver results  M-o-M improvement in sales and market share in Q2  Highest sales achieved in September 2017- in PV since Nov 2012 and in CV since June 2014  ImpACT projects delivering strong contributio

  6. Slide 6: Q2 domestic sales up by 22%, leading to M-o-M growth in market share

    TATA MOTORS GROUP- STANDALONE BUSINESS Q2 Domestic sales up by 22%, leading to M-o-M growth in market share © Copyright, Confidential, Tata Motors Limited 9th November 2017 11/9/2017 6

  7. Slide 7: Key actions being implemented under Turnaround

    TATA MOTORS GROUP- STANDALONE BUSINESS Key actions being implemented under TURNAROUND • Slew of aggressive launches across segments gaining Fill product gaps strong market acceptance • Steep ramp up of production to support higher sales Business Rigorous Cost • Cost reduction drive across product li

  8. Slide 8: CV business exceeds customer expectations on strong product portfolio

    TATA MOTORS GROUP- STANDALONE BUSINESS CV Business continues to exceed customer expectations on the back of strong product portfolio SCV + PU PASSENGER MHCV ILCV LPTK 2518 LPT 3718 ULTRA 1518 LPT 709 CNG Zip XL Ace XL Series Hybrid Bus LPK 2518 HD LPS 4923 Ultra AMT ULTRA 814 ULTRA 1014 Mega XL Yodh

  9. Slide 9: Strong volume growth in CV supported by steep production ramp up

    TATA MOTORS GROUP- STANDALONE BUSINESS Strong volume growth in CV supported by steep production ramp up TML Actions Marco Factors 1 Ramp up of production 1 Infrastructure in Q2 by >70% development led by Sep’17 sales highest government funding, achievement since Swachh Bharat drive June’14 2 Restric

  10. Slide 10: Positive momentum continues in PVBU on new product launches

    TATA MOTORS GROUP- STANDALONE BUSINESS Positive momentum continues in PVBU on the back on new product launches TIGOR NEXON TIAGO HEXA Market Share flat (Y-O-Y) 0.2% (Q-O-Q) 1 Structural shift in customer group towards 2 New compact SUV - Nexon is 3 RANK 2 in JDP CSI scores (highest ever) personal se

  11. Slide 11: Tata Tigor Electric leads the path towards e-mobility of India

    TATA MOTORS GROUP- STANDALONE BUSINESS Tata TIGOR ‘Electric’ leads the path towards the future e-mobility of India • Tata Motors won the recent tender of 10,000 electric cars floated by Energy Efficiency Services Limited (EESL), an entity under Ministry of Power • The company qualified as L1 in the

  12. Slide 12: Standalone (incl. JO) Financial Highlights

    TATA MOTORS GROUP- STANDALONE BUSINESS TATA MOTORS GROUP –STANDALONE(INCL JO)-FINANCIAL HIGHLIGHTS Rs crores Net Revenue EBITDA EBIT PAT 13400 10311 971 Q2 FY17 336 7.2% 251 3.3% 1.9% (3.0)% Q2 FY18 (307) (295) (631) 22607 20704 1005 974 H1 FY17 4.9% 4.3% 159 144 H1 FY18 0.8% 0.6% (605) (762) © Copy

  13. Slide 13: Way Forward: Standalone Business

    TATA MOTORS GROUP-WAY FORWARD STANDALONE BUSINESS 1 Our “Impact” design leading the change in brand perception for passenger vehicles 2 Network expansion to build reach and sales effectiveness 3 Continued focus on customer engagement and satisfaction 4 Rigorous cost reduction drive to further boost

  14. Slide 14: JLR: China and North America up, UK and Europe lower

    TATA MOTORS GROUP- JAGUAR LAND ROVER CHINA AND NORTH AMER IC A UP, UK AND EUROPE LOW ER North America UK Europe China Overseas © Copyright, Confidential, Tata Motors Limited 9th November 2017 11/9/2017 14

  15. Slide 15: JLR: UK, China and Overseas up

    TATA MOTORS GROUP- JAGUAR LAND ROVER UK, CHINA AND OVERSEAS UP North America UK Europe China Overseas © Copyright, Confidential, Tata Motors Limited 9th November 2017 11/9/2017 15

  16. Slide 16: Jaguar Land Rover Financial Highlights

    TATA MOTORS GROUP- JAGUAR LAND ROVER TATA MOTORS GROUP –JAGUAR LAND ROVER-FINANCIAL HIGHLIGHTS GBP Million Net Revenue EBITDA EBIT PAT 746 329 6322 308 5668 615 238 244 Q2 FY17 10.9% 11.8% 4.2% 5.2% Q2 FY18 1287 567 11921 1188 780 11023 398 548 H1 FY17 11.7% 10.0% 5.1% 3.3% H1 FY18 © Copyright, Conf

  17. Slide 17: JLR Key Highlights Q2 FY18

    TATA MOTORS GROUP-JAGUAR LAND ROVER Key Highlights-Q2 FY 18 5.2% EBIT primarily reflects: Investments of • Higher wholesale volumes (+7.1k units – mainly Velar) and Strong Liquidity- favourable mix • Higher incentives (primarily the US) • Higher D&A (primarily new Share of China JV Profit in Q2 FY 1

  18. Slide 18: JLR: And more to come

    TATA MOTORS GROUP-JAGUAR LAND ROVER AND MORE TO COME © Copyright, Confidential, Tata Motors Limited 9th November 2017 11/9/2017 18

  19. Slide 19: JLR technology and mobility investments

    TATA MOTORS GROUP-JAGUAR LAND ROVER • JLR vehicles currently • Investment in technology • I-PACE Battery Electric • InMotion Ventures include level 2 features & infrastructure to support Vehicle on sale 2018 invests in the future of • Investing in driver higher levels of • Plug-in hybrids starting t

  20. Slide 20: JLR Electrification strategy

    TATA MOTORS GROUP-JAGUAR LAND ROVER Electrification strategy Significant investment in recent years starting to deliver • New and refreshed vehicles with electric options • All JLR vehicles offer electric options • First plug-in hybrids offered in 18MY Range • Mild hybrids and/or Rover and Range Rov

  21. Slide 21: JLR: Continuing to invest to drive profitable growth

    TATA MOTORS GROUP-WAY FORWARD JAGUAR LAND ROVER-CONTINUING TO INVEST TO DRIVE PROFITABLE GROWTH • JLR’s strategy is to achieve sustainable profitable growth by investing proportionally more in new products, technology and manufacturing capacity. • FY18 investment spending is expected to be in the re

  22. Slide 22: Tata Motors: Connecting Aspirations

    ae TATA MOTORS oO Connecting Aspirations ~ 9 9 ©

  23. Slide 23: Appendix: Commodity hedge gains and reduced FX hedge losses

    TATA MOTORS GROUP-Appendix 1 COMMOD ITY HEDGE G AINS & REDUCED FX HEDGE LOSSES (£ millions) Q2 FY18 Q1 FY18 Change Q2 FY17 Change 39 38 31 Operational exchange n/ a n/ a (55) n/ a 48 Realised FX hedges and other (343) (454) 111 (276) (67) Revaluation of current assets and liabilities (11) (25) 14 (5

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