Thomas Cook (india) Limited · NSE:THOMASCOOK
Thomas Cook (india) — Q1 FY20 Earnings Presentation
20 slides from Thomas Cook (india)'s earnings presentation, Aug 6, 2019
Slide 1: Cover letter to stock exchanges
6th August, 2019 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 C
Slide 2: Q1 FY20 Earnings Presentation
Q1 FY20 Earnings Presentation 06 August, 2019 Thomas Cook India Limited (TCIL) BSE: 500413 | NSE: THOMASCOOK
Slide 3: Thomas Cook at a glance
Solid platform for future Thomas Cook at a glance Thomas Cook is a leading integrated Travel and Financial services Company Thomas Cook Group in India, part of the Fairfax group which owns 66.9% stake in Thomas Forex Cook India Outbound Integrated business model creates value through scale and flexi
Slide 4: Q1 FY20 Financial Performance
Q1 FY20 Financial Performance
Slide 5: Results Background
Results Background Backdrop The quarter presented challenging market conditions in the form of: a) A significant increase in domestic & outbound airfares for pre booked customers post Jet Airways closure with a cumulative impact of approximately Rs. 107 Mn. b) The negative revenue impact for inbound
Slide 6: Key Updates
Key Updates Update on Ithaka: • Thomas Cook India increased investment in Ithaka from 15.57% to 21.39% by acquiring additional 5.82% for the consideration of Rs 10 Mn. • Sales by Ithaka have witnessed a 30% growth from the previous quarter with Thailand and Bali (Indonesia) continuing to be amongst
Slide 7: Business Segments – Travel
Business Segments – Travel B2C Revenue Mix - FY19 Outbound Domestic Visa Outbound business Domestic Travel Caters to corporate 1% -5% comprises of Leisure comprises of clients, walk-ins & Outbound, E- domestic focussed package tour clients, business of TCIL, activities of TCIL & innovative technical
Slide 8: Business Segments – Travel
Business Segments – Travel Travel segment gross margins Revenue mix Margins – Q1 FY20 Q1 FY19 Segment Q1FY20 0.5% -4% 2% -5% Outbound 12% 19% 18% Inbound 28% MICE 8% 2% 2% 3% 55% 3% 58% Domestic 17% Corporate Travel 7% 19% 21% DMS 13% 3% 3% Travel Services • The revenue from operations from the Trav
Slide 9: Update on International Inbound (DMS) entities
Update on International Inbound (DMS) entities • TCIL acquired this business in June 2017, and has since then been committed to increasing volumes and containing losses. • DMS as a segment continues to focus on a progressive turnaround • Continuous focus on business growth and cost efficiencies, inc
Slide 10: Business Segments – Travel Related Financial Services
Business Segments – Travel Related Financial Services Forex • One of India’s largest foreign exchange dealers with dominance in the wholesale segment and keen focus on the retail market as well • AD-II license holder • Only non bank in the country to issue Prepaid Travel cards • Member of SWIFT • On
Slide 11: Management comments- Q1 FY20
Management comments- Q1 FY20 Commenting on the results, Mr. Madhavan Menon, Group Chairman and Managing Director, said: “Given an accumulated impact of over Rs. 153 Mn. to profitability on account of multiple challenges ranging from the shut-down of Jet Airways’ operations during the peak summer tra
Slide 12: Results – Q1 FY20 Consolidated
Results – Q1 FY20 Consolidated Comparable Reported Particulars (Rs. mn) Q1 FY20 Q1 FY19 Shift (%) Q1 FY20 Q1 FY19 Revenue from Operations 21,996.8 20,845.2 5.5% 23,175.5 20,845.2 Other Income 171.0 158.9 7.6% 181.5 158.9 Total Income from Operations 22,167.8 21,004.1 5.5% 23,357.0 21,004.1 Total Cos
Slide 13: Results – Q1 FY20 Consolidated
Results – Q1 FY20 Consolidated Comparable Reported Particulars (Rs. mn) Q1 FY20 Q1 FY19 Shift (%) Q1 FY20 Q1 FY19 Segment Revenue (a) Financial Services * 811.8 730.3 11.2% 811.8 730.3 (b) Travel and Related Services * 20,390.0 19,382.7 5.2% 20,390.0 19,382.7 (c) Human Resource Services 6.7 7.3 (8.3
Slide 14: Supplementary Information
3 Supplementary Information • Thomas Cook Group Structure • Investments • Digiphoto Entertainment Imaging (DEI) • Sterling Holiday Resorts Limited
Slide 15: Thomas Cook Group Structure
Thomas Cook Group Structure Thomas Cook Group 100% in all Operating companies Travel Services Group (TSG) Portfolio Investments 100% 48.82% 51% Kuoni Hong Overseas Sterling Digiphoto TCIL SOTC TCI* Quess Corp Entertainment Kong DMS Holidays Imaging (DEI) Private Safaris Private Safaris Desert Luxe A
Slide 16: Strategic Investments – Digiphoto Entertainment Imaging (DEI)
Strategic Investments – Digiphoto Entertainment Imaging (DEI) • Thomas Cook India Group, had announced its acquisition of a 51% stake in Digiphoto Entertainment Imaging (DEI), in March 2019. Business Operations Q1 FY20 performance Imaging Solution and Services • Despite the quarter being a tradition
Slide 17: Portfolio Investments – Vacation Ownership & Resorts
Portfolio Investments – Vacation Ownership & Resorts • Sterling Holiday Resorts Limited (Sterling Holidays) is a leading holiday lifestyle company in India and the pioneer of Vacation Ownership (VO) in India • It has a current inventory of 2,332 rooms spread across 34 resorts Key Indicators FY 14 FY
Slide 18: Current Resort Network (2300+ Operational rooms)
Current Resort Network (2300+ Operational rooms) Riverfront Heritage Jungle Beach Mountain Dindi* Shridi Corbett Puri Dharamshala Anaikatti Agra Sariska Goa Manali Jaipur Thekkady Karwar Mussoorie Kanha Daman Nainital Kufri Gangtok Darjeeling Lonavala Ooty 33 Resorts + Yercaud 4 Nature Trail Resort
Slide 19: 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 20: 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