Tata Consumer Products Limited · NSE:TATACONSUM
Tata Consumer Products — Tata Global Beverages — FY2016-17 Earnings Presentation
25 slides from Tata Consumer Products's earnings presentation, May 30, 2017
Slide 1: Cover letter to stock exchanges: presentation to analysts
TATA May 31, 2017 The Secretary Bombay Stock Exchange The Secretary National Stock Exchange Ltd. Calcutta Stock Exchange of India Ltd. Corporate Relationship Dept. Asscn. Ltd. Exchange Plaza,5th floor 1* Floor, New Trading Wing 7 Lyons Range Plot No. C/1, G Block Rotunda Building, PJ Towers Kolkata
Slide 2: Analyst Meet for FY 2016-17
Analyst Meet for FY 2016-17 May 30, 2017
Slide 3: Vision and Purpose
Vision and Purpose OOD i TATA GLOBAL BEVERAGES OUR VISION To be the most admired natural beverages company in the world by making a big and lasting difference in Tea, Coffee and Water. OUR PURPOSE We will focus on creating magical beverage moments for consumers and an eternity of sustainable goodnes
Slide 4: Constant Drive towards Innovative Products
Constant Drive towards Innovative Products Super Greens - India Coffee Infusions - US Ayurveda Balanced Range - Canada Elaichi Chai - India Supers range - UK Tata Teaveda Himalayan TGP - New variants Sparkling & Flavoured 3
Slide 5: Agenda
Agenda 1. BUSINESS PERFORMANCE 2. FINANCIAL OVERVIEW 4
Slide 6: Business Performance
A i y \4 as "2a Business Performance TATA GLOBAL BEVERAGES ecclesia
Slide 7: Key Highlights
Key Highlights 4th consecutive quarter of operating profit growth despite higher spends behind brands, new launches and competitive intensity in developed markets For the year topline up by 2% (3% in underlying terms) Q4 - Topline up by 5% (7% in underlying currency) – volume growth & price incr
Slide 8: Snapshot of Financials
Snapshot of Financials Rs Crores 2% 24% 31% Total Operating Income Total Operating Profit Profit before Exceptional item and Tax 7
Slide 9: Performance Update – Branded Business: India
Performance Update – Branded Business INDIA Volume & sales growth Continue to maintain volume and value leadership, gain market shares Effective management of commodity cost New launches - Tata Tea Teaveda and Tetley Super Green Tea Earlier launched Maharashtra Gold Mixture and our recentl
Slide 10: Performance Update – Branded Business: UK
Performance Update – Branded Business UK Strong performance in UK with higher volumes witnessed through growth in market shares across all major categories despite declining overall tea category, specially in everyday black continuing competitive intensity Green tea continues to grow with im
Slide 11: Performance Update – Branded Business: USA, Canada, EMEA
Performance Update – Branded Business USA Strong performance by US coffee • Ground Coffee grows • Strong improvement in operating profits New Launches - Brazilian Breakfast coffee and Infusions – Alert and Relax • Well received in trade and also receiving press coverage Improved Brand Imagery
Slide 12: Performance Update – Non Branded Business
Performance Update – Non Branded Business Tata Coffee Limited Spectacular performance, recording highest ever Operating Income, and Operating Profit Instant Coffee - Improvement in coffee extraction business driven by improved volumes & favorable sales mix Various accolades won by TCL duri
Slide 13: Performance Update – Incubatory Businesses
Performance Update – Incubatory Businesses Middle East Strong year with healthy growth in all six markets Tetley Brand grows Fresh foil pack launched across markets– good response from consumers Tea commercial - Focusing of health benefits of green tea Starbucks JV Topline growth with good
Slide 14: Some more Recognitions
Some more Recognitions……….. TGB achieves full Rainforest Alliance certification for EMEA and CAA region TGB recognized as one of the most transparent companies in emerging markets Tetley Green Tea’s Transformation series wins TGB is a leader again in Climate Tata Coffee recognized as Most Gold at Em
Slide 15: Financial Overview
B Financial Overview TATA GLOBAL BEVERAGES
Slide 16: Financial Overview
Financial Overview Operating income For the year - up by 2% (3% in underlying currency) and for the quarter – up by 5% (7% in underlying currency) • Good volume growth in branded tea business • Improvement in Branded Business –India, UK, Canada • Spectacular performance by Tata Coffee Limited •
Slide 17: Financial Highlights - PL
Financial Highlights - PL Quarter ended Mar 31, 2017 Particulars Year ended Mar 31, 2017 Actual PY Variance (In Rs crores) Actual PY Variance 1674 1598 76 Revenue from operations 6780 6637 143 (1526) (1463) (63) Total Expenses (6115) (6099) (16) 148 135 13 Operating Profit 665 538 127 17 26 (9) Othe
Slide 18: Financial Highlights - OCI
Financial Highlights - OCI Quarter ended Mar 31, 2017 Particulars Year ended Mar 31, 2017 Actual PY Variance (In Rs crores) Actual PY Variance 51 (269) 320 Consolidated Group Net Profit 455 (37) 492 112 (47) 159 Changes in Fair Value of Equity Instruments 259 (137) 396 Exchange difference on transla
Slide 19: Region-wise Income from Operations
Region-wise Income from Operations Quarter ended Mar 31, 2017 Particulars Year ended Mar 31, 2017 Actual PY Variance (In Rs Crores) Actual PY Variance 428 391 37 CAA 1592 1481 111 403 409 (6) EMEA* 1548 1637 (89) 636 610 26 India Brands 2818 2745 73 1467 1410 57 Total Brands 5958 5863 95 224 199 25
Slide 20: Segment - YTD
Segment - YTD Particulars Segment Revenue Segment Results Capital Employed (In Rs Crores) Mar 17 Mar 16 Mar 17 Mar 16 Mar 17 Mar 16 Branded Business Tea 4804 4715 578 579 3350 3606 Coffee 1118 1119 179 129 1584 1678 Others 36 29 (22) (28) 4 20 Total Branded Business 5958 5863 735 680 4938 5304 Non B
Slide 21: IND(AS) – Policy Choices
IND(AS) – Policy Choices Electives adopted on transition to IND (AS) Plant Property and Equipment (PPE) • To carry PPE at previous GAAP costs. Foreign Currency Transition Reserve (FCTR) • Set to zero as at transition date Business Combination • Not to re-account for past acquisition Investme
Slide 22: IND(AS) – Reconciliation between IGAAP and IND(AS)
IND(AS) – Reconciliation between IGAAP and IND(AS) representation for March 2016 Quarter ended Mar 31, 2016 Year ended Mar 31, 2016 Group Group Total Income Profit from Total Income Profit from Consolidated Rs in Crs Consolidated from Operations Operations from Operations Operations Net Profit Net P
Slide 23: Balance Sheet
Balance Sheet As at March 31, As at March 31, Rs Crs Reduction of Borrowings 2017 2016 Shareholders Fund 7185 7109 Significant Improvement in the operating Gross Debt 786 1354 working capital TOTAL 7971 8463 Increase in Investment mainly on account of fair Total Fixed Assets including intangibles an
Slide 24: Dividend history (Rs crores)
Rs crores 2004/05 56 2005/06 67 Dividend 2006/07 92 2007/08 92 124 2008/09 108 2009/10 124 2010/11 124 2011/12 133 2012/13 133 2013/14 139 Dividend 2014/15 142 2015/16 142 Over the last financial year the market capitalization has increased by 24% Exceptional Dividend 2016/17 148 23
Slide 25: Thank you
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