Thomas Cook (india) Limited · NSE:THOMASCOOK
Thomas Cook (india) — Q4 FY21 Earnings Presentation
28 slides from Thomas Cook (india)'s earnings presentation, May 28, 2021
Slide 1: Cover letter to stock exchanges: Investor Presentation
28th May, 2021 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: TCIL Q4 & FY21 Earnings Presentation
TCIL Q4 & 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 03-04 Summary: Q4 FY21 06 -07 Update on Business operations • Cost and Cash Management 09- 11 • Business Operations 12-14 Q4 & FY21 Performance 16-17 Portfolio Investment 20-21 Supplementary Information 23-27 2
Slide 4: Thomas Cook India Group at a glance
Thomas Cook India Group at a glance Thomas Cook (India) Ltd is a leading integrated Travel and Financial services Company in Integrated business model India, part of the Fairfax group creates value through scale and which owns 65.6% stake in flexibility Thomas Cook India Spread across 25 countries a
Slide 5: Thomas Cook India Group at a glance
Thomas Cook India Group at a glance • Retail & Wholesale Forex • Forex Cards • Outbound Holidays • Domestic • Remittance Destination • Meetings Management Diversified Business • • India MICE Incentives Specialists • International Portfolio • Conference (DMS) • Events & Exhibitions • End to end • Str
Slide 6: Key Highlights
© Key Highlights
Slide 7: Summary: Q4 FY21
Summary: Q4 FY21 • Amidst the ongoing challenges, Q4 FY21 registered a recovery in revenue by 48% to Rs. 4,016 Mn Vs. Rs. 2,714 Mn in Q3 FY21, primarily driven by improved performance of the Foreign Exchange business in India, the Middle East based Destination Management Specialist (DMS) companies a
Slide 8: Summary: Q4 FY21
Summary: Q4 FY21 • Thomas Cook India and SOTC’s MICE have expanded their Virtual Events business by hosting events for corporates based in USA, Malaysia, Myanmar, Bangladesh, etc., in addition to India. Q4 saw delivery of a large movement of 750 customers to Dubai; also 3 wedding and related events
Slide 9: Update on Business operations
Update on Business operations Forex Cost Savings: Q4 & FY21 Partnerships, Holidays Innovation and new MICE products-services Cost Savings Target Corporate Travel DEI Dialysis initiative Cash & Bank investment DMS details Cost & Cash Partnerships & Social Business Operations Management Responsibility
Slide 10: Cost Savings – Q4 FY21
Cost and Cash Cost and Cash Management Management Cost Savings – Q4 FY21 Thomas Cook business across India ROW business Employee Cost Establishment cost Employee Cost Other Expenses 881 341 365 1,009 587 181 199 161 530 294 479 166 Q4 FY20 Q4 FY21 Saving Q4 FY20 Q4 FY21 Saving Q4 FY20 Q4 FY21 Saving
Slide 11: Cost Savings – FY21
Cost and Cash Cost and Cash Management Management Cost Savings – FY21 Thomas Cook business across India ROW business Employee Cost Establishment cost Employee Cost Other Expenses 4,067 1,476 4,229 1,531 2,378 1,689 805 2,397 672 1,833 742 788 FY20 FY21 Saving FY20 FY21 Saving FY20 FY21 Saving FY20 F
Slide 12: Cash & Bank investment details
Cost and Cash Cash & Bank investment details Management Closing Balance - Rs mn 8,561 5,534 11,171 860 812 1,893 Rest of World Business India Business 7,701 4,722 9,278 31-Mar-21 31-Dec-20 31-Mar-20 Particulars (INR mn) 31 March 2021 31 Dec 2020 31 March 2020 Cash and cash equivalents 8,561 5,534 11
Slide 13: Update on Business operations: Forex and Holidays
Update on Business operations Business Operations Forex Holidays • Virtual branches operational since June 2020: delivered a turnover of Rs. 400 Mn with 4000 transactions • Thomas Cook & SOTC launched a range of products to leverage the • Launched FXMate, a digital tool and a first in the foreign ex
Slide 14: Update on Business operations: DEI and DMS
Update on Business operations Business Operations DEI DMS • To cater to maternity/newborn photography, DEI launched Mom ‘n Toes, • Q4 FY21 saw continued pandemic related travel restrictions and a new vertical. It has on-boarded Medcare Women & Children Hospital, lockdowns in primary source markets a
Slide 15: Partnerships & Social Responsibility
Partnerships & Social Update on Business operations Responsibility Partnerships, Innovation and new products-services: Social Responsibility: The Fairfax India Charitable Foundation (FICF) & its Dialysis initiative • TCIL signed a strategic agreement with Destination Maldives to enhance visibility a
Slide 16: Q4 & FY21 Performance
@ Q4 & FY21 Performance
Slide 17: Results – Q4 FY21 Consolidated
Results – Q4 FY21 Consolidated Particulars (Rs. mn) Q4 FY21 Q4 FY20 Particulars (Rs. mn) Q4 FY21 Q4 FY20 Revenue from Operations 3,573.2 10,898.9 Segment Revenue Other Income* 443.2 191.3 (a) Financial Services 277.2 646.3 (b) Travel and Related Services 1,886.9 8,647.7 Total Income from Operations
Slide 18: Results – FY21 Consolidated
Results –FY21 Consolidated Particulars (Rs. mn) FY21 FY20 Particulars (Rs. mn) FY21 FY20 Revenue from Operations 7,950.0 68,325.6 Segment Revenue Other Income* 1,507.4 1,157.4 (a) Financial Services 1,083.6 2,927.3 (b) Travel and Related Services 3,489.0 57,428.6 Total Income from Operations 9,457.4
Slide 19: Management comments – Q4 FY21
Management comments- Q4 FY21 Mr. Madhavan Menon, Chairman and Managing Director, Thomas Cook (India) Ltd., said, ““We are already seeing positive signs with the tapering of infection rates globally and travel reopening in select countries, albeit in an understandably careful and calibrated manner. A
Slide 20: Portfolio Investment
Portfolio Investment • Sterling Holiday Resorts Limited 19
Slide 21: Portfolio Investments – Vacation Ownership & Resorts
Portfolio Investments – Vacation Ownership & Resorts Key Indicators FY20 Q4FY21 FY21 Key Highlights – Q4 New members additions (Nos) 3,253 742 1,639 • Sterling reported profit at EBIT of Rs. 77 Mn in FY21 Vs. loss of Rs. Cumulative member base 90,339 91,978 91,978 283 Mn in FY20 • Occupancy rate was
Slide 22: Current Resort Network (2200+ Operational rooms)
Current Resort Network (2200+ Operational rooms) 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) Rishikesh (MC) Kufri
Slide 23: Supplementary Information
Supplementary Information 22
Slide 24: 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 25: 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 agenda Interact towards automation and digitalization This created a strong foundation to implement additional Contact
Slide 26: Driving Business through Digitization
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 the new normal 25
Slide 27: 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 28: 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