Tata Motors Passenger Vehicles Ltd · NSE:TMPV
Tata Motors Passenger Vehicles — Tata Motors — Q1 FY13 Earnings Presentation
19 slides from Tata Motors Passenger Vehicles's earnings presentation, Aug 9, 2012
Slide 1: Q1 FY13 Results Review – Press Meet
Q1 FY13 Results Review – Press Meet August 9th, 2012 INVESTOR RELATIONS
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: Financial Highlights: Consolidated, Standalone, Jaguar Land Rover
Financial Highlights Standalone Business Consolidated JLR Standalone Other Subsidiaries Jaguar Land Rover Way Forward INVESTOR RELATIONS 3
Slide 4: Q1 FY 13 Financials
Q1 FY 13 Financials Consolidated Standalone Jaguar Land Rover (Rs Crores) (Rs Crores) (GBP million) Particulars Q1 FY 13 Q1 FY 12 Q1 FY 13 Q1 FY 12 Q1 FY 13 Q1 FY 12 Net Revenue 43,324 33,289 10,586 11,624 3,638 2,703 EBITDA ^ 6,235 4,462 774 1,020 527 362 EBITDA % 14.4% 13.4% 7.3% 8.8% 14.5% 13.4%
Slide 5: Standalone Business: Commercial Vehicles, Passenger Vehicles, Exports
Financial Highlights Standalone Business Commercial Vehicles JLR Passenger Vehicles Exports Other Subsidiaries Way Forward INVESTOR RELATIONS 5
Slide 6: Change in growth patterns for Commercial Vehicles
Change in growth patterns for Commercial Vehicles Overall Growth sustained in Q1 MHCV industry witnessed decline in demand due to weak on account of demand for macroeconomic performance, weak outlook, low freight small commercial vehicles availability and excise duty increases in March 2012. The ind
Slide 7: Tough market conditions in Passenger cars continue
Tough market conditions in Passenger cars continue Vans 69,529 (9.9%) Domestic Passenger industry grew y-o-y 62,619 Utility Vehicles 8.9% driven by growth in select segments – Premium / Luxury including UV, compact & mid-size cars. Executive We continued our focus on marketing Midsize initiatives an
Slide 8: Exports lower following weak macro outlook
Exports lower following weak macro outlook During the period, our largest export markets - Sri Lanka & 14,891 (11.7%) 13,154 Bangladesh showed de-growth CV Sri Lanka has shown a de-growth 12,783 11,419 due to significant increase in duties PV on imported passenger vehicles. 2,108 1,735 However, dema
Slide 9: Jaguar Land Rover PLC
Financial Highlights Standalone Business JLR Jaguar Land Rover PLC Other Subsidiaries Way Forward INVESTOR RELATIONS 9
Slide 10: Jaguar Land Rover - Wholesale volumes & market mix
Jaguar Land Rover - Wholesale volumes & market mix 83,452 34.4% Overseas, Q1 FY 13 18.4% UK, Asia 15.5% 62,090 83,452 units Pacific, 4.5% North America, 17.7% Europe, 71,678 21.7% China China volumes grew Region, 50,747 22.2% 91% y-o-y on the back of strong excitement for our new products Overseas 1
Slide 11: Jaguar Land Rover: Highlights
Jaguar Land Rover: Highlights Volume growth at 34.4% is reflective of strong demand for new products like Range Rover Evoque, and strong growth in China and from other developing markets. Operating cash flow for the current quarter is GBP 106 m, post capex and product development spend of GBP 424 m.
Slide 12: Other Subsidiaries
Financial Highlights Standalone Business Tata Motors Finance Tata Technologies JLR Tata Daewoo TML Drivelines Ltd Other Subsidiaries Way Forward INVESTOR RELATIONS 12
Slide 13: Other Key Subsidiary Financials
Other Key Subsidiary Financials Tata Motors Finance * Tata Technologies Particulars (Rs Crores) (Rs Crores) % % Q1 FY 13 Q1 FY 12 change Q1 FY 13 Q1 FY 12 change Net Revenue 623 415 50.1% 458 336 36.3% EBITDA % 13.4% 12.9% 50bps 19.6% 16.1% 350bps PAT 73 49 49.0% 75 40 87.5% Tata Daewoo TML Drivelin
Slide 14: Way Forward: Tata Motors, Jaguar Land Rover
Financial Highlights Standalone Business Tata Motors JLR Jaguar Land Rover Other Subsidiaries Way Forward INVESTOR RELATIONS 14
Slide 15: Way Forward – Tata Motors Ltd
Way Forward – Tata Motors Ltd Slower industrial growth, weak economic outlook, excise duty increases, and concern on deregulation of diesel prices impact overall demand. Freight rates dipped, however, finance availability is adequate. Demand pressure in MHCV trucks. Key factors to propel demand woul
Slide 16: Way Forward – Tata Motors Ltd….. contd
Way Forward – Tata Motors Ltd….. contd Competitive intensity poses significant challenge to the passenger vehicle industry, with higher inflation, interest costs, fuel price increases dampening the demand. Customer preference expected to continue to tend towards diesel vehicles. Several initiatives
Slide 17: Way Forward – Jaguar Land Rover
Way Forward – Jaguar Land Rover Focus on building the momentum of the XF 2.2L diesel, Range Rover Evoque and launching both refreshed and new Jaguar and Land Rover products. Continue to focus on profitable volume growth, managing costs and improving efficiencies to sustain the growth momentum. Plann
Slide 18: Contact Information
Q1 FY13 Presentation & Business Review is available on our website http://www.tatamotors.com/investors/investors.php Contact Information For Media : For Institutional Investors : Debasis Ray Vijay B Somaiya Head of Corporate Communications Head of Investor Relations & Treasury Tel: + 91 22 6665 7613
Slide 19: THANK YOU
THANK YOU INVESTOR RELATIONS 19