Tata Consumer Products Limited · NSE:TATACONSUM
Tata Consumer Products — Tata Global Beverages — Q3 2011-12 Earnings Presentation
22 slides from Tata Consumer Products's earnings presentation, 2012
Slide 1: Analyst Presentation Quarter 3 2011-12
Analyst Presentation Quarter 3 2011-12 11
Slide 2: Agenda
Agenda • Financial highlights • Macro Environment • Operating performance • Financial review 2
Slide 3: Financial Highlights for the Quarter
Financial Highlights for the Quarter Group income up 12% against prior period at Rs 1802 crores. Profit before exceptional items at Rs 157 crores higher than previous year due to saving in interest costs. Improved operating performance is most segments keep EBIT flat to PY despite increased competit
Slide 4: Macro Environment
Macro Environment • Volatile exchange market – USD strengthens against most currencies – Resultant favourable translation impact • Commodity costs continues to harden – Tea prices remains firm in most markets – Coffee prices reduce from an earlier high but still higher than prior year • Interest rat
Slide 5: Operating Performance Highlights
Operating Performance Highlights • Strong performance in India continues – volume and profitability growth. Continue volume and value market leadership. • US coffee performance impacted by higher trade spends (to secure volume growth) and significantly higher green coffee costs. • Canada continues m
Slide 6: Operating Performance Highlights - South Asia
Operating Performance Highlights • South Asia – 11% Top line growth for the quarter over previous year, with portfolio growth. – Maintained MAT market value and volume leadership with 21.3%1 and 19.5%1 , respectively – Restage of Tata Tea Premium in the quarter • “Soch Badlo” campaign launched in No
Slide 7: Operating Performance Highlights - Canada, America and Australia
Operating Performance Highlights • Canada, America and Australia (CAA) Canada – Tetley continues to be volume and value leader for Black and specialty teas in the Canada, driven by aggressive innovation. – New blends/products launched in earlier months (dark chocolate vanilla bean Perk and Green Pom
Slide 8: Operating Performance Highlights - UK, Europe, Middle East & Africa
Operating Performance Highlights • UK, Europe, Middle East & Africa (EMEA) – Top line growth achieved during the quarter. – Strong performance leads to market leadership as no:1 brand for Tetley Decaff and Tetley Redbush. Green tea volume growth year on year – Teapigs brand of super premium teas con
Slide 9: Operating Performance Highlights - Non Branded Operations
Operating Performance Highlights • Non Branded Operations – Higher realisations in coffee plantations and extractions drive better results in Tata Coffee Limited. – India and US instant tea operations stable. China JV has commenced operations. 9
Slide 10: Financial Review
Financial Review TATA GLOBAL BEVERAGES EN ED tiindiajan come, FY 10
Slide 11: Group Financial Review
Group Financial Review Rs Crores Q3 ending December Particulars YTD ending December Actual PY Variance Actual PY Variance 1802 1606 196 Total Operating Income 4898 4437 461 157 160 (3) EBIT 363 376 (13) 4 3 1 Investment Income 29 28 1 (4) (15) 11 Interest Expense (Net) (8) (41) 33 157 148 9 Profit B
Slide 12: Region wise Operating Income
Region wise Operating Income Q3 Ending Dec 31 Particulars YTD Ending Dec 31 Actual PY Variance (In Rs Crores) Actual PY Variance BRANDS 371 339 32 USA 1017 925 92 141 135 6 Canada ,South America & Australia 342 348 (6) 512 474 38 CAA 1359 1273 86 407 354 53 GB & Africa 1040 954 85 237 202 35 Europe
Slide 13: Exceptional Items
Exceptional Items Rs. Crs Rs. Crs Rs. Crs Rs. Crs Q3 Q3 Item YTD DEC YTD DEC 2011 2010 2011 2010 Un-realised Exchange Variance on $ - 7 - (3) deposits/options - - Profit on sale of Non Core Investments 137 - (16) (7) Other Costs (75) (43) (16) - Exceptional Items 62 (46) Other Cost Redundancy Costs
Slide 14: Thank You
Thank You TATA GLOBAL BEVERAGES ey ED tiindiajan come, 14
Slide 15: Currency Movements
Currency Movements 1.68 GBP vs RUB vs INR 60.00 1.66 55.00 1.64 1.62 50.00 1.60 USD/INR vs USD/RUB 45.00 GBP/USD 1.58 40.00 1.56 1.54 35.00 1.52 30.00 1.50 1.48 25.00 Jan- Feb- Mar- Apr- May- Jun- Jul- Aug- Sep- Oct- Nov- Dec- Jan- 11 11 11 11 11 11 11 11 11 11 11 11 12 Month Source : Reuters USD/GB
Slide 16: Commodity Cost Trends - Tea
Commodity Cost Trends - Tea Average Kolkata Price 09-11 150.00 140.00 130.00 120.00 110.00 100.00 90.00 80.00 70.00 60.00 1 3 5 7 9 11 13 15 17 19 21 23 25 27 29 31 33 35 37 39 41 43 45 47 49 51 Sale 2009 2010 2011 16
Slide 17: Commodity Cost Trends - Tea (Mombasa)
Commodity Cost Trends - Tea Mombasa Average Price (2009-2011) 350 300 Price (US$/Kg) 250 200 150 100 1 3 5 7 9 11 13 15 17 19 21 23 25 27 29 31 33 35 37 39 41 43 45 47 49 Auction No. 2009 2010 2011 Return 17
Slide 18: Commodity Costs Trends - Coffee
Commodity Costs Trends - Coffee ICE ‘C’ Return 18
Slide 19: Thank You
THANK YOU TATA GLOBAL BEVERAGES ey QD tiindiajan contin,
Slide 20: Investment behind brands in Canada
Investment behind brands in Canada Return
Slide 21: Investment behind brands in UK – Tetley Extra Strong
Investment behind brands in UK – Tetley Extra Strong
Slide 22: Investment behind brands in UK – Green Tea
Investment behind brands in UK – Green Tea Return
Tata Global Beverages — Q3 2011-12 Earnings Presentation on 6ix