Indian Railway Catering & Tourism Corp. Ltd. · NSE:IRCTC

Indian Railway Catering & Tourism — Investor Presentation (November 2020)

23 slides from Indian Railway Catering & Tourism's investor presentation, Nov 19, 2020

  1. Slide 1: Exchange filing cover letter: Corporate Presentation of IRCTC

    rdNk —1 el cr>, 41 -crEr . 0171L-1 Cif-1 \** 11) IRCTC OTR-ff \L-Nct) col INDIAN RAILWAY CATERING AND TOURISM CORPORATION LTD. (A Govt. of India Enterprise-Mini Ratna) "CIN-1474899D1.1999031101707" E-mail: info@ircte.eom Website www.irctc.com 2019/IRCTC/CS/STEX/356 November 19, 2020 BSE Limited Nati

  2. Slide 2: Corporate Presentation

    CORPORATE PRESENTATION

  3. Slide 3: Table of contents

    Table of contents Brief Overview of IRCTC Section 1 Key Investment Highlights Section 2 Detailed Financial Performance Section 3 Recent Developments and Strategy Going Forward Section 4 CORPORATE PRESENTATION | © Indian Railway Catering and Tourism Corporation Limited (IRCTC) 1

  4. Slide 4: Section 1: Brief Overview of IRCTC

    Section 1: Brief Overview of IRCTC CORPORATE PRESENTATION | © Indian Railway Catering and Tourism Corporation Limited (IRCTC) 2

  5. Slide 5: Brief overview of IRCTC

    Brief overview of IRCTC  A Central Public Sector Enterprise having 87.4% stake by the Government of India and under the administrative control of the Ministry of Railways  Conferred the status of Mini – ratna (Category-I Public Sector Enterprise) by the Government of India, on May 1, 2008.  IRCTC

  6. Slide 6: Key milestones in IRCTC's journey so far

    Key milestones in IRCTC’s journey so far  Listing of IRCTC shares.  Railneer was awarded with Asia’s most trusted brand award 2019 2019  Conferred India e-Retail Awards 2019 in Leisure and Travel e-Retailer of the Year  .Awarded for best content in a e-commerce app in ICL-2019  Conferred with I

  7. Slide 7: Section 2: Key Investment Highlights

    Section 2: Key Investment Highlights CORPORATE PRESENTATION | © Indian Railway Catering and Tourism Corporation Limited (IRCTC) 5

  8. Slide 8: IRCTC is the only entity authorized by the Indian Railways to provide catering services

    IRCTC is the only entity authorized by the Indian Railways to provide catering services to railways, online railway tickets and packaged drinking water at railway stations and trains in India 1 Operates one of the most transacted website www.irctc.co.in in the Asia-Pacific region 2 Responsible for p

  9. Slide 9: IRCTC is the only entity authorized to provide online ticketing for railway passengers

    IRCTC is the only entity authorized to provide online ticketing for railway passengers 1 Most cost-effective route to book railway tickets online –  IRCTC is one of the most transacted websites in Asia Pacific with a transaction volume of over 25mn per month least cost to passenger compared to othe

  10. Slide 10: Responsible for providing catering service across the railway network

    Responsible for providing catering service across the railway network E-catering to fuel growth in the coming years 2  As per Ministry of Railways’ New Catering Policy of 2017, IRCTC has been assigned the responsibility for catering services across the entirety of Indian Railways – mobile and stati

  11. Slide 11: Only entity authorized to provide packaged drinking water at railway stations

    Only entity authorized by Indian Railways to provide packaged drinking water at railway stations and trains in India 3 Consistent increase in number of bottles Manufacturing presence across India with robust pipeline of produced each years upcoming plants Bottles produced (mn) 275 202 215 187 FY17 F

  12. Slide 12: One-stop solution for travel and tourism services

    One-stop solution for travel and tourism services 4 IRCTC has a wide array of offerings making it a one stop Revenue from Maharaja’s Express Trains has continued to solution for all travel services and tourism products increase but in the FY20 the revenue from Special trains has reduced as compared

  13. Slide 13: Robust financials demonstrating strong growth and healthy return ratios

    Robust financials demonstrating strong growth and healthy return ratios 5 Diversified revenue streams with Internet Ticketing and Change in business mix has resulted in improvement in Catering key growth drivers (Revenue – INRmn) profitability (Segment wise EBIT margin) 22,755 EBIT margin FY18 FY19

  14. Slide 14: Experienced leadership team with deep domain knowledge

    Experienced leadership team with deep domain knowledge 6 Mahendra Pratap Mall, Chairman and Managing Director  Chairman and Managing Director since Sep’17; Previously served as Director – Finance and Group General Manager - Finance  Officer of Indian Railway Accounts Service and has over 30 years

  15. Slide 15: Section 3: Detailed Financial Performance

    Section 3: Detailed Financial Performance CORPORATE PRESENTATION | © Indian Railway Catering and Tourism Corporation Limited (IRCTC) 3 14

  16. Slide 16: Key financials (1/2)

    Key financials (1/2) Total Revenue EBITDA and EBITDA margin(1) (INR mn) (INR mn) 23,535 19,589 33.6% 24.1% 28.2% 23.3% 15,447 10,117 7,914 (1.6%) 4,722 3,603 2,849 2,652 -41 FY18 FY19 FY20 H1FY20 H1FY21 FY18 FY19 FY20 H1FY20 H1FY21 Revenue EBITDA Margin Profit After Tax (PAT) and PAT margin(2) Basic

  17. Slide 17: Key financials (2/2)

    Key financials (2/2) Net Worth Return on Net Worth (RoNW)(1) (INR mn) (%) 13,278 13,367 39.8% 10,710 11,613 9,454 28.8% 29.7% 23.2% 1.2% FY18 FY19 FY20 H1FY20 H1FY21 FY18 FY19 FY20 H1FY20 H1FY21 Net Worth RoNW Cash and Cash Equivalents Dividend and Payout Ratio(2) (INR mn) (INR mn) 40.5% 39.7% 5,974

  18. Slide 18: Segment wise financial performance (1/2)

    Segment wise financial performance (1/2) CAGR Operating revenue (INR mn) FY18 FY19 FY20 H1FY20 H1FY21 (FY18-20) Internet Ticketing 2,043 2,313 6,198 1,993 935 74% Catering 7,292 10,244 10,441 5,387 1,071 20% Packaged Drinking Water 1,669 1,735 2,221 1,124 125 15% Travel and Tourism 1,894 2,463 2,949

  19. Slide 19: Segment wise financial performance (2/2)

    Segment wise financial performance (2/2) CAGR EBIT (INR mn) FY18 FY19 FY20 H1FY20 H1FY21 (FY18-20) Internet Ticketing 1,006 1,607 4,947 1,468 705 122% Catering 1,255 1,470 1,198 608 (691) (2%) Packaged Drinking Water 334 333 521 220 (27) 25% Travel and Tourism (123) 311 103 23 (167) n.m. State Teert

  20. Slide 20: Section 4: Recent Developments and Strategy Going Forward

    Section 4: Recent Developments and Strategy Going Forward CORPORATE PRESENTATION | © Indian Railway Catering and Tourism Corporation Limited (IRCTC) 19

  21. Slide 21: COVID-19 Update

    COVID – 19 Update Segment Impact Update  Partial running of trains from June onwards has  Travel sector experienced massive disruption due to the outbreak improved volume of e-tickets to ~4.50lakh average of Covid-19. H1FY21 segmental revenue declined by 53% YoY Internet Ticketing tickets/day  In

  22. Slide 22: Potential growth drivers

    Potential growth drivers  E-booking penetration is ~73% of the total reserved train ticketing in FY20 and this is projected to reach 81-83% by FY 24 due to Internet factors such as increasing internet penetration, convenience, low cost of data & smartphones, etc Ticketing  Reserved tickets forms ~

  23. Slide 23: Thank You

    ~ CRD IRCTC Thank You

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