Tata Motors Passenger Vehicles Ltd · NSE:TMPV
Tata Motors Passenger Vehicles — Tata Motors — Shareholder Meeting (August 2015)
33 slides from Tata Motors Passenger Vehicles's shareholder meeting presentation, Aug 13, 2015
Slide 1: AGM Presentation
AGM Presentation 13th August 2015
Slide 2: Tata Motors
Tata Motors 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 regu
Slide 3: Table of Contents
Table of Contents Consolidated Financials Tata Motors Group-India Business Tata Motors Group-Jaguar Land Rover Tata Motors Group-Other Subsidiaries Tata Motors Group-Update on Q1 FY 16 Tata Motors Group-Way Forward
Slide 4: Tata Motors Group-Consolidated Financials – P&L
Tata Motors Group-Consolidated Financials – P&L Tata Motors Consolidated Rs Crores FY 15 FY 14 Net Revenue 262,797 232,834 EBITDA 42,114 37,419 EBITDA % 16.0 16.1 PBT 21,703 18,869 PAT 13,986 13,991 Jaguar Land Rover continues to drive the Consolidated performance of the Tata Motors Group In view of
Slide 5: Tata Motors Group-Consolidated Financials - Balance Sheet
Tata Motors Group-Consolidated Financials - Balance Sheet Tata Motors Consolidated (Rs. In Crores) Mar-15 Mar-14 Equity and Liabilities 238,658 219,998 Net Automotive Debt Equity as on Shareholders' Funds 56,695 66,024 Mar 31, 2015 stood at 0.19 Non Current Liabilities 81,691 61,618 Cash and bank ba
Slide 6: Tata Motors Group – India Business
Tata Motors Group – India Business
Slide 7: India Business Financials – P&L
Tata Motors Group-India Business- Financials – P&L Tata Motors Standalone Rs Crores FY 15 FY 14 Net Revenue 36,295 34,288 EBITDA (800) (467) EBITDA % (2.2) (1.4) PBT (3,975) (1,026) PAT (4,739) 335 Weak Operating environment continued to impact the Standalone business. M&HCV sales continue to grow.
Slide 8: India Business Financials – Balance Sheet
Tata Motors Group-India Business- Financials – Balance Sheet Tata Motors Standalone (Rs. In Crores) Mar-15 Mar-14 Equity and Liabilities 49,943 49,734 Shareholders’ Funds 14,862 19,177 Net Debt Equity as on March 31, 2015 stood at 1.36 Non Current Liabilities 14,710 11,760 Post 31st March 2015, Comp
Slide 9: Tata Motors Group-India Business
Tata Motors Group-India Business Our domestic market share in CV for FY 15 stood at 49.7% Our domestic market share in PV for FY Exports of the Commercial vehicles grew 15 7.8% (Y-o-Y) in FY 15 stood at 5.3% CV FY15 PV FY15 MHCV LCV MHCV(Dom.) 126,369 Cars(dom.) 111,094 Exports Cars UVs & LCV(Dom.)
Slide 10: India Business-New Product Launches
Tata Motors Group-India Business-New Product Launches:- New Product launches - PRIMA LX range of trucks , new ULTRA range, Super Ace Mint • Product Launches / Refreshes in PV- Nano Twist, Revotron, Zest, Bolt
Slide 11: India Business-Highlights of the year-CV
Tata Motors Group-India Business- Highlights of the year-CV:- • Company has been able to sustain its market share in M&HCV above 50% since last three years (FY 13 :- 53.3%, FY 14 :-54.9%,FY 15:-54.4%) inspite of higher competitive intensity and tougher market conditions. • Company has lost market sh
Slide 12: India Business-Other Highlights of the year-PV
Tata Motors Group-India Business- Other Highlights of the year -PV • Tata Hexa SUV Concept was unveiled at the Geneva Motor Show • Continued to focus on building brand strengths, refreshing products and enhancing sales and service experience • Expanded - new look, stylish, tech savvy best in class f
Slide 13: India Business-Awards and accolades
Tata Motors Group-India Business-Awards and accolades Features in “Best Companies To Work For” –Survey 2014 “Manufacturing Supply Chain Operational Excellence” –awarded to Tata Genuine Parts by Asia Manufacturing Supply Chain Awards Apollo CV Awards:- Ultra 812 -“LCV Cargo Carrier of the Year” - “CV
Slide 14: India Business-Major Initiatives being pursued
Tata Motors Group – India Business- Major Initiatives being pursued Lead The Future : Cost reduction , Value enhancement initiative with work streams and aggressive targets underway HORIZONEXT – A holistic customer focus initiative with a clear destination …shared with all stakeholders as a vision W
Slide 15: Tata Motors Group-Jaguar Land Rover
Tata Motors Group-Jaguar Land Rover • Premium sports saloons and sports cars • Premium all-terrain vehicles
Slide 16: Jaguar Land Rover Financials – P&L
Tata Motors Group-Jaguar Land Rover Financials – P&L Jaguar Land Rover £ millions FY 15 FY 14 Net Revenue 21,866 19,386 EBITDA 4,132 3,393 EBITDA % 18.9 17.5 PBT 2,614 2,501 PAT 2,038 1,879 All round improved performance for the year as witnessed by increase in Revenue, EBITDA/Margin, PBT and PAT As
Slide 17: Jaguar Land Rover Financials – Balance Sheet
Tata Motors Group-Jaguar Land Rover- Financials –Balance Sheet Jaguar Land Rover (GBP millions) Mar-15 Mar-14 Cash and financial deposits stood at Equity and Liabilities 18,558 15,589 £ 4.3 bn. Undrawn committed lines at £ 1.5 bn Shareholders’ Funds 6,042 5,864 Gross Debt stood at £ 2.5 bn. Net Non-
Slide 18: Tata Motors Group-Jaguar Land Rover
Tata Motors Group-Jaguar Land Rover FY14 (Wholesales) FY15 (Wholesales) North Overseas North Overseas America (incl Asia America (incl Asia 16.6% Pac) 16.8 % Pac) 20.0% 22.3% UK UK 17.6% 18.7% China Region China Region 25.4% 24.2% Europe Europe 19.1% 19.2% Jaguar LandRove r 470,523 9.5% 429,861 Jagu
Slide 19: Jaguar Land Rover-Highlights of the year
Tata Motors Group-Jaguar Land Rover-Highlights of the year Discovery Sport – went on sale Nov 2014 CJLR Evoque – went on sale Feb 2015 Ingenium engine - Launched in the Jaguar XE. Jaguar XE – went on sale in May 2015 Available in the Discovery Sport and Range Rover Evoque later this year
Slide 20: Jaguar Land Rover-Highlights of the year
Tata Motors Group-Jaguar Land Rover- Highlights of the year :- The opening of Jaguar Land Rover’s inaugural overseas manufacturing facility in China with its joint venture partner, Chery Automobile Company Ltd The start of construction of Jaguar Land Rover’s R$750m (Brazilian Real) manufacturing fac
Slide 21: Jaguar Land Rover-Awards and Accolades
Tata Motors Group-Jaguar Land Rover-Awards and Accolades Jaguar Land Rover has collected several international awards and honours in 2014 and 2015 for its products and for many other areas of the business. Range Rover Range Rover XJ “Land Rover has mastered the redesigns of the Range Rover Discovery
Slide 22: Tata Motors Group – Other key Subsidiaries
Tata Motors Group – Other key Subsidiaries
Slide 23: Other Key Subsidiaries
Other Key Subsidiaries : Tata Motors Finance * Tata Technologies FY 15 (Rs. Crores) (consolid FY15 FY14 (Rs. Crores) FY15 FY14 ated) Net Revenue 2,594 2,344 Net Revenue 2,743 2,743 3,034 PBT 430 338 PBT (845) (53) 155 PAT 334 273 PAT (611) 181 101 Tata Daewoo # TML Drivelines Ltd. (KRW bn) FY15 FY14
Slide 24: Update on Q1 FY 16
Update on Q1 FY 16
Slide 25: Financial Highlights-Q1 FY 2015-16
Financial Highlights-Q1 FY 2015-16 Tata Motors Group- Consolidated Tata Motors Group-India Business Tata Motors Group-Jaguar Land (Rs in Crores) (Rs in Crores) Rover (IFRS) (GBP in Million) Q1 FY16 Q1 FY15 Q1 FY16 Q1 FY15 Q1 FY16 Q1 FY15 Net Revenue 61,020 64,683 Net Revenue 9,297 7,705 Net Revenue
Slide 26: Market Focus - China
Market Focus - China Market Challenges As previously indicated, economic conditions in China has become more mixed and we have expected a certain “normalization” of the automotive market, which gathered pace in the last Quarter with the industry down (3.4)% year on year in June. JLR sales were down
Slide 27: Other Market focus-Strong performance –Q1 FY 16
Other Market focus-Strong performance –Q1 FY 16 JLR sales excluding China were up 12.5% compared to Q1 FY15, with strong growth in Europe, UK and North America, reflecting strong Range Rover and Range Rover Sport sales and ramp up of the Discovery Sport and Jaguar XE. Europe • JLR sales were up 27.7
Slide 28: Tata Motors Group – Way Forward
Tata Motors Group – Way Forward
Slide 29: India Business - Way Forward
Tata Motors Group – India Business - Way Forward COMMERCIAL VEHICLES PASSENGER VEHICLES DesigNext PerformanceNext FuelNext DesigNext DriveNext ConnectNext Improved economic outlook and business environment is expected to accelerate the sales in FY 16 Expected Capex & Product development , on an aver
Slide 30: Jaguar LandRover- Way Forward
Tata Motors Group – Jaguar LandRover- Way Forward • Building on the successful launches of the new Discovery Sport and Jaguar XE • Launching the all new Jaguar XF and Range Rover Evoque in Q2 FY16, the 16 Model Year Jaguar XJ in Autumn this year and the Jaguar F-PACE and Evoque Convertible in Q4 FY1
Slide 31: Jaguar Land Rover-Other Developments
Tata Motors Group-Jaguar Land Rover-Other Developments • 2015 Queen's Award for “Sustainable Development“ reflecting investment in: Lightweight aluminium engineering Ingenium engine technology Reducing energy consumption, waste and water usage at manufacturing sites 42
Slide 32: Jaguar Land Rover-Upcoming exciting products
Tata Motors Group – Jaguar Land Rover-Upcoming exciting products All new Alllightweight XF on sale new lightweight lateron XF goes this year sale later this year Evoque Convertible goes on sale in 2016 F-PACE goes on sale in 2016
Slide 33: Tata Motors - Contact Information
Tata Motors - Contact Information : AGM Presentation is available on our website http://www.tatamotors.com/investors/investors.php For Institutional Investors : For Retail Investors & HNI : Vijay B Somaiya Hoshang Sethna Head Treasury & Investor Relations Company Secretary Tel : +91 22 6665 7258 Tel