Tata Motors Passenger Vehicles Ltd · NSE:TMPV
Tata Motors Passenger Vehicles — Tata Motors — Investor Presentation (March 2012)
26 slides from Tata Motors Passenger Vehicles's investor presentation, Mar 1, 2012
Slide 1: Investor Presentation
Investor Presentation 1st March, 2012 INVESTOR RELATIONS 1
Slide 2: Forward-looking statements disclaimer
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 regulations. Act
Slide 3: Indian Automobile Industry
Indian Automobile Industry INVESTOR RELATIONS 3
Slide 4: Domestic Sales
The Indian Automobile Industry has evolved in 3 phases Protection Liberalization Globalization • Closed economy (till 80s) • Mfg licensed, QR on import • Delicensing (93), QR removal • Removal of • High duties & sales tax • Entry of foreign players (OEM) most import 3.20Mn • PSUs, Basic Industries •
Slide 5: Growth supported by factors expected to be sustainable
Growth in the past has been supported by factors expected to be sustainable in the coming years…… resulting in a strong domestic Automobile growth story Urbanization Growth in working GDP growth and Growth in road population rise in disposable infrastructure ‘Urbanization of Mind’ 1400 70% incomes C
Slide 6: India Business
India Business INVESTOR RELATIONS 6
Slide 7: Market leader in Commercial Vehicles in India
Market leader in Commercial Vehicles in India • India’s Largest Automobile Company • 3rd Largest Bus Manufacturer in the World (>8t) • 4th Largest Truck Manufacturer in The World (>8t) TATA MOTORS • Largest Portfolio Of Products in the Commercial vehicles segment – Light, Medium And Heavy Trucks, Bu
Slide 8: We continue transformation and strengthening of product portfolio
We continue transformation and strengthening of product portfolio Key Drivers Widest product range in the sub 1 ton payload segment SCVs Best-in-class operating economics Super Ace Ace Zip 0.5 ton Ace Sturdy, powerful Pick-ups with contemporary styling and features Pickups CNG variants available RX
Slide 9: We continue transformation & strengthening of product portfolio (cont'd)
We continue transformation & strengthening of product portfolio (cont’d) Key Drivers Creating a new segment currently served by 3 wheelers SCVs Primary demand in rural and semi urban markets Tata Magic Magic Iris New segment for Tata Motors UVs Targeting fleet customers Winger Venture Winger Platinu
Slide 10: Business Strategy - Commercial Vehicles
Business Strategy - Commercial Vehicles Powerful combination of product, brand, cost advantage Maintain and grow leadership in India through continuous evaluation of product range Strong combination of new platforms/ products and existing products Improve value proposition for existing products New
Slide 11: Passenger Vehicles in India
Passenger Vehicles in India • First to build India’s fully Indigenous Passenger Car (Indica) • Young Product portfolio with multiple launches in last 2-3 TATA MOTORS years • Wide Product portfolio across Passenger Car’s and Utility Vehicle • Highly Fuel efficient Portfolio Of Products in the Passeng
Slide 12: We continue transformation and strengthening of product portfolio
We continue transformation & strengthening of product portfolio Micro Nano Compact Indica eV2 Vista Punto Indigo e-CS Midsize Manza Executive Linea INVESTOR RELATIONS 12
Slide 13: We continue transformation & strengthening of product portfolio (cont'd)
We continue transformation & strengthening of product portfolio (cont’d) Utility Vehicles Sumo Gold Grande MK II Safari Storme Aria Vans Venture Premium /Luxury Jaguar XF Freelender INVESTOR RELATIONS 13
Slide 14: Business strategy - Passenger Vehicles
Business strategy - Passenger Vehicles Fully leverage product portfolio through a focused sales distribution and marketing function to regain market position Realize full potential of Nano in India and take Nano to the world Expand addressable market through improved value proposition eg. Fuel effic
Slide 15: Opportunities & Challenges
Opportunities & Challenges Opportunities 50% of NHAI projects are yet to be completed. This provides huge growth potential for CV Industry Increase in infrastructure spending could propel demand for MHCV trucks. Services and agriculture sector along with rural connectivity, proliferation of hub & sp
Slide 16: Jaguar Land Rover
Jaguar Land Rover INVESTOR RELATIONS 16
Slide 17: Premium sports saloons and sports cars & Premium all-terrain vehicles
Premium sports saloons and sports cars & Premium all- terrain vehicles British iconic brands RoW RoW UK UK 16.2% 17.5% 19.1% 24.0% Russia Russia FY 11 wholesales 4.8% 5.2% 9m FY 12 wholesales North Europe America North Europe Jaguar 52,993 excl. America Excl 19.4% Jaguar 39,921 Russia 21.6% Russia 2
Slide 18: Premium sports saloons and sports cars
Premium sports saloons and sports cars recognized for their performance, design and unique British style XJ XJ 12 MY XJ Sport XK XK Special Edition XK Special Edition XF XF 2.2L XF 12 MY Concept Jaguar C – X16 INVESTOR RELATIONS 18
Slide 19: Premium all-terrain vehicles
Premium all-terrain vehicles differentiated by their simplicity, ability, strength and durability Range Range Rover Rover Sport Range Rover Range Rover Sport Evoque Evoque Freelender Discovery Freelender Discovery Defender 12 MY Defender Defender Station Wagon INVESTOR RELATIONS 19
Slide 20: Business Strategy - Jaguar and Land Rover
Business Strategy - Jaguar and Land Rover Seize opportunity for JLR to deliver profitable growth from growing premium segments Capitalise on strong, globally recognised brands Invest substantially in new products and technologies - Deliver a combination of exciting all-new products, additional body-
Slide 21: Opportunities & Challenges
Opportunities & Challenges Opportunities Strong globally recognised brands Niche player in growing premium segment. Continue to increase sales across all markets with new and refreshed products, increasing share of sales in China and other growth markets Challenges External geopolitical and economic
Slide 22: Recent Financial results
Recent Financial results INVESTOR RELATIONS 22
Slide 23: Tata Motors Consolidated P&L – (Unaudited)
Tata Motors Consolidated P&L – (Unaudited) Rs Crores Q3 FY12 Q3 FY11 % change 9M FY12 9M FY11 % change Net Revenue ^ 45,260.3 31,441.5 44.0% 114,746.6 86,840.9 32.1% EBITDA ^ 7,222.7 4,803.4 50.4% 16,521.4 12,959.5 27.5% EBITDA margin 16.0% 15.3% 70 bps 14.4% 14.9% (50) bps Profit before exceptional
Slide 24: Tata Motors Standalone P&L – (Audited)
Tata Motors Standalone P&L – (Audited) Rs Crores Q3 FY12 Q3 FY11 % change 9M FY12 9M FY11 % change Net Revenue ^ 13,337.9 11,279.9 18.2% 37,915.8 32,762.9 15.7% EBITDA ^ 897.2 1,217.2 -26.3% 2,850.5 3,528.3 -19.2% EBITDA margin 6.7% 10.8% (410) bps 7.5% 10.8% (330) bps Profit before exceptional item
Slide 25: Jaguar Land Rover PLC - P&L
Jaguar Land Rover PLC - P&L Y-o-Y Y-o-Y % % GBP Million Q3 FY12 Q3 FY11 change 9m FY12 9m FY11 change Net Revenue 3,746.4 2,657.8 41.0% 9,386.9 7,167.0 31.0% EBITDA 751.9 462.4 62.6% 1,575.7 1,183.9 33.1% EBITDA margin 20.1% 17.4% 270 bps 16.8% 16.5% 30 bps PBT 559.3 300.5 86.2% 1,094.5 804.0 36.1%
Slide 26: Thank You
Thank You INVESTOR RELATIONS 26