Tata Consumer Products Limited · NSE:TATACONSUM

Tata Consumer Products — Tata Global Beverages — H1 FY2016-17 Earnings Presentation

19 slides from Tata Consumer Products's earnings presentation, Nov 15, 2016

1. Slide 1: Analyst Meet November 15, 2016

   Analyst Meet November 15, 2016

2. Slide 2: Agenda

   Agenda 1. H1 FY2016-17 – BUSINESS PERFORMANCE 2. FINANCIAL OVERVIEW 2

3. Slide 3: H1 - Business Performance

   A i vr 4 ~~ "2a H1 - Business Performance TATA GLOBAL BEVERAGES ecclesia

4. Slide 4: Key Highlights

   Key Highlights  Second consecutive quarter of significant operating profit growth  Top up by 1% – volume growth offset by price and adverse currency translation impact.  Significant improvement in operating profits Despite  Continuing competitive intensity in developed markets  Commodity costs

5. Slide 5: Snapshot of financials

   Snapshot of financials Rs Crs +1% +38% Rs Crs 3361 3339 364 264 + 56% Rs Crs 2016 2015 2016 2015 Total Operating Income Total Operating Profits 259 166 2016 2015 Group Net Profits 5

6. Slide 6: Performance Update – Branded Business

   Performance Update – Branded Business  INDIA  Maintains volume and value leadership.  Modest volume growth  Effective management of commodity cost.  Maharashtra Gold Mixture and our recently launched Tata Tea Elaichi are reflecting signs of success.  Tata Coffee Grand – growth in market shares

7. Slide 7: Performance Update – Branded Business

   Performance Update – Branded Business  USA  Moderate performance by US coffee • Ground Coffee growth in line with category growth • Good improvement in operating profits  Launched infusions and Brazilian Breakfast coffee – Alert and Relax • Well received in trade and also receiving press coverage

8. Slide 8: Performance Update – Non Branded Business

   Performance Update – Non Branded Business  Spectacular performance by Tata Coffee Ltd continues - reflecting increase in Operating Income as well as Operating Profit  Instant Coffee  Improvement in coffee extraction business driven by volume improvement.  Instant Tea  Instant tea business refle

9. Slide 9: Performance Update – Incubatory businesses

   Performance Update – Incubatory businesses  Middle East  ME - Strong quarter with healthy growth in all six markets  Fresh foil pack launched – positive response from consumers  Kanan Devan Loose tea doing well in the hot tea segment  Focus on drawstring bags with advertisement support in TV, o

10. Slide 10: H1 - Financial Overview

    2 H1 - Financial Overview TATA GLOBAL BEVERAGES

11. Slide 11: Financial Overview - YTD

    Financial Overview - YTD  Operating income up by 1% • Good volume growth in branded tea business • Improvements in Branded Business –India, UK, Canada and Russia • Improved non-branded business performance - Coffee extraction and tea plantation Offset by • Price decreases and adverse currency movem

12. Slide 12: Financial Highlights - PL

    Financial Highlights - PL Quarter ending Sep’2016 Particulars Half year ending Sep’2016 Actual PY Variance (In Rs crores) Actual PY Variance 1626 1669 (43) Total Operating Income 3361 3339 22 162 111 51 EBIT 364 264 100 31 33 (2) Other Income 52 46 6 (23) (21) (2) Finance Cost (45) (42) (3) 170 123

13. Slide 13: Financial Highlights - OCI

    Financial Highlights - OCI Quarter ending Sep ’2016 Particulars Half year ending Sep’ 2016 Actual PY Variance (In Rs crores) Actual PY Variance 140 87 53 Group Net Profit 259 166 93 (172) (180) 8 Other Comprehensive Income (321) 85 (406) (32) (93) 61 Total Comprehensive income (62) 251 (313)  Other

14. Slide 14: Region-wise Income from Operations

    Region-wise Income from Operations Quarter ending Sep’2016 Particulars Half Year ending Sep’2016 Actual PY Variance (In Rs Crores) Actual PY Variance 337 360 (23) CAA 706 692 14 395 411 (16) EMEA 777 808 (31) 698 692 6 India Brands 1462 1436 26 1,430 1,463 (33) Total Brands 2945 2936 9 209 212 (3) T

15. Slide 15: Segment - YTD

    Segment - YTD Particulars Segment Revenue Segment Results Capital Employed (In Rs Crores) Sep 16 Sep 15 Sep 16 Sep 15 Sep 16 Sep 15 Branded Business Tea 2383 2397 321 297 3308 3989 Coffee 557 534 99 53 1693 1757 Others 13 11 (8) (11) 16 29 Total Branded Business 2953 2943 412 339 5018 5775 Non Brand

16. Slide 16: IND(AS) – Policy Choices

    IND(AS) – Policy Choices Electives adopted on transition to IND (AS)  Plant Property and Equipment (PPE) • To carry PPE at previous GAAP costs.  Foreign Currency Transition Reserve (FCTR) • Set to zero as at transition date  Business Combination • Not to re-account for past acquisition  Investme

17. Slide 17: IND(AS) – Reconciliation between IGAAP and IND(AS)

    IND(AS) – Reconciliation between IGAAP and IND(AS) representation for Q2 Sep 2015 QTD Sep - 2015 YTD Sep - 2015 Group Group Total Income Profit from Total Income Profit from Consolidated Rs in Crs Consolidated from Operations Operations from Operations Operations Net Profit Net Profit 2034 112 89 IG

18. Slide 18: Balance Sheet

    Balance Sheet As at Sep’30 2016 Main impact of INDAS on the balance sheet is as (Rs in Crs) follows: ASSETS o Fair Valuation of Investments Non- Current Assets 6070 o Capitalisation of Bearer assets Current Assets 3971 o Fair Valuation of biological produces TOTAL ASSETS 10041 (Inventory) EQUITY Sha

19. Slide 19: Thank you

    Tell TATA GLOBAL BEVERAGES

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