Tata Motors Passenger Vehicles Ltd · NSE:TMPV
Tata Motors Passenger Vehicles — Tata Motors — Investor Presentation (November 2023)
46 slides from Tata Motors Passenger Vehicles's investor presentation, November 2023
Slide 1: Tata Motors Corporate Presentation 2023
TATA MOTORS Corporate Presentation 2023
Slide 2: Index
01 Tata Motors Group 03-09 04 Jaguar Land Rover 23-32 02 Tata Commercial Vehicles 10-14 05 Key Subsidiaries and Partnerships 33-35 03 Tata Passenger Vehicles 15-22 06 Responsible Business 36-45 Index Corporate Presentation 2023 2
Slide 3: Tata Motors Group
1 Corporate Presentation 2023 Tata Motors Group 3
Slide 4: We are a leading global automobile manufacturer
WE ARE A LEADING GLOBAL AUTOMOBILE MANUFACTURER In a nutshell Flagship Home to iconic 13,35,819 #1CV #3PV Company of the Tata group brands Sales volume (Consolidated including CJLR) Player in India Player in India ‘Jaguar’ and ‘Land Rover’ #1EV 81,811 125+ `3,45,967 cr Player in India Employees Coun
Slide 5: Part of multi-national conglomerate, Tata Group
Founded in 1868 by Jamsetji Tata PART OF MULTI-NATIONAL CONGLOMERATE, TATA GROUP In a nutshell Key Group Companies US$150 Bn > 1 Mn TECHNOLOGY FINANCIAL SERVICES Combined group revenue Collective workforce strength 100+ US$26.40 Bn MATERIALS AUTOMOBILE INFRASTRUCTURE Countries across 6 continents Br
Slide 6: Global presence
GLOBAL PRESENCE NORTH AMERICA UK EUROPE CHINA INDIA ACROSS North America Europe UK India China 125 Countries 81,629 74,349 62,142 9,32,695 95,773 VEHICLES SOLD VEHICLES SOLD VEHICLES SOLD VEHICLES SOLD VEHICLES SOLD (INCL. CJLR) J54,766 J42,731 J33,141 J1,14,091 >9,200 Touch points crore revenue cro
Slide 7: Providing mobility solutions for 75 years
PROVIDING MOBILITY SOLUTIONS FOR 75 YEARS 1945 2004 2014 2020 Incorporated as an engineering and Acquired South Korean truck manufacturing Launched the new intermediate and Successful BS VI transition completed and locomotive manufacturing company unit Daewoo Commercial Vehicles Company light commer
Slide 8: Connecting aspirations through innovative mobility solutions
‘CONNECTING ASPIRATIONS’ THROUGH INNOVATIVE MOBILITY SOLUTIONS Tata Motors Limited is one of India’s biggest automobile manufacturing companies with an extensive range of integrated, smart and e-mobility solutions in its portfolio. Vision Culture Pillars Offerings BE BOLD Commercial Vehicles By FY 2
Slide 9: Consolidated performance snapshot
CONSOLIDATED PERFORMANCE SNAPSHOT In FY 2022-23, the business recorded strong financial performance as all three core auto businesses turned profitable in H2. Consolidated Operational and Financial Metrics Sales volume Revenue EBITDA margin wholesale including CJLR in units C crore % 22.9% y-o-y gro
Slide 10: Commercial Vehicles
2 Corporate Presentation 2023 Commercial Vehicles* *Includes Tata Motors & subsidiaries TDCV, TDSC, TMML, TMSA, PTTMI and Joint operation TCL 10
Slide 11: Product innovation accelerating growth
PRODUCT INNOVATION ACCELERATING GROWTH We strengthened our presence among customers with 40+ new product and 150+ variants launched in FY 2022‑23. Some notable ones include the launch of India’s first CNG vehicle in the MHCV category, and rolling out the Yodha 2.0, Intra V20 bi-fuel, Intra V50 and A
Slide 12: Auto Expo 2023
AUTO EXPO 2023 At Auto Expo 2023, we showcased 14 vehicles and concepts that will define our journey towards a sustainable future, and enable our customers to make a seamless transition to clean and commercially viable mobility solutions. Unique hydrogen Two fuel agnostic Unveil: EV concepts propuls
Slide 13: Tata Commercial Vehicles
TATA COMMERCIAL VEHICLES Key Highlights FY 2022-23 Financial Metrics Reviewing Sales volume Revenue • Introduced 40+ new products and 150+ new unit wholesale C crore FY 2022-23 variants in FY23, notable ones include India’s first CNG vehicle in the MHCV category, and rolling out 15.0% y-o-y growth 3
Slide 14: Strategic overview: Win decisively in CV
STRATEGIC OVERVIEW Win decisively in CV We intend to further strengthen our position in the Indian automobile industry by investing in new sustainable technologies, products and mobility solutions that exceed customer expectations and offer superior value proposition. We are also committed to improv
Slide 15: Passenger Vehicles
3 Corporate Presentation 2023 Passenger Vehicles* *Includes TMPV, TPEM, TMETC, Trilix and Joint Operation FIAPL. 15
Slide 16: Delivering driving experiences that are 'New Forever'
DELIVERING DRIVING EXPERIENCES THAT ARE ‘NEW FOREVER’ Our unwavering dedication to innovation and our promise to make every customer journey a delight drives us to constantly reimagine the experience we deliver. As we step up the game, we continue to move India towards safer, smarter and greener mob
Slide 17: Auto Expo 2023
AUTO EXPO 2023 ICE portfolio 1 .2 AND 1 .5L TGDI ENGINE We presented 12 vehicles and concepts of India’s best designed and smartest range of personal mobility solutions. Our India-centric, new-age personal mobility solutions come with smarter and safer technologies and world class powertrains that d
Slide 18: Tata Passenger and Electric Vehicles
TATA PASSENGER AND ELECTRIC VEHICLES Key Highlights FY 2022-23 Financial Metrics Sales volume Revenue Reviewing - Third successive year of posting industry beating growth-69% (FY 2020-21), 67% (FY 2021-22) and unit C crore FY 2022-23 45% (FY 2022-23), resulting ~4X growth in terms of 45.4% y-o-y gro
Slide 19: Strategic overview: Win sustainably in PV
STRATEGIC OVERVIEW Win Sustainably in PV Reimagine 2.0 The ‘Reimagine PV’ strategy to rejuvenate front-end sales and the retailer network as well as customer engagement, has delivered excellent results. We will be continuing with focused Reimagining front end initiatives to further strengthen front‑
Slide 20: Electric Vehicles
ELECTRIC VEHICLES Redefining the EV space for Indian Consumer Operational metrics Financial Metrics Reviewing Domestic sales volume VAHAN market share Key Highlights FY 2022-23 unit % FY 2022-23 - In 3 years, increased our volumes from ~ 1.3K to 150% y-o-y growth 260 bps We continued to lead the cha
Slide 21: Tata UniEVerse
TATA UNIEVERSE Through Tata UniEVerse, we have synchronised efforts to develop a holistic e-mobility ecosystem to accelerate the adoption of EVs in India. Powered by Tata UniEVerse, consumers have access to a suite of e-mobility offerings including charging solutions, innovative retail experiences a
Slide 22: Strategic overview: Win proactively in EV
STRATEGIC OVERVIEW Win Proactively in EV We will continue to leverage product success and expand portfolio, providing India specific offerings with different body styles and driving ranges. We also endeavour to complete phased transition from conversion to multi-energy modular platform to a pure EV
Slide 23: Jaguar Land Rover
4 Corporate Presentation 2023 Jaguar Land Rover 23
Slide 24: Providing mobility solutions for 75 years
PROVIDING MOBILITY SOLUTIONS FOR 75 YEARS 1938 1990 2013 2021 The first ever Jaguar car to be produced Jaguar XJ220 becomes the world’s Jaguar F-Type is revealed Reimagine strategy launched fastest production car Jaguar to become all electric brand by 2025 1948 2015 First all-electric Land Rover veh
Slide 25: Product portfolio
PRODUCT PORTFOLIO Jaguar Land Rover J A G U A R F ‑ PA C E J A G U A R E ‑ PA C E THE NEW R ANGE ROVER THE NEW R ANGE R ANGE ROVER VEL AR ROVER SPORT J A G U A R I - PA C E J A G U A R F -T Y P E R ANGE ROVER EVOQUE NEW DISCOVERY JAGUAR XE JAGUAR XF DISCOVERY SPORT DEFENDER Corporate Presentation 20
Slide 26: Financial highlights and performance
FINANCIAL HIGHLIGHTS AND PERFORMANCE Key Highlights FY 2022-23 Financial Metrics Reviewing • Investment of £15 billion over five years in JLR’s Sales volume (incl. CJLR) Revenue electrification and digital transformation. FY 2022-23 unit wholesale £ million • JLR’s Halewood plant in the UK which wil
Slide 27: Significant improvement in break even point and average revenue
SIGNIFICANT IMPROVEMENT IN BREAK EVEN POINT AND AVERAGE REVENUE Enabling improved financial performance with volumes now recovering Cash flow break even reduced Average revenue per unit above £70k 660 80 540 75 70 Average revenue per unit (£k) 65 400 60 330 55 300 50 45 40 35 30 FY23* FY19 FY20 FY21
Slide 28: Reimagine strategy - modern luxury by design
REIMAGINE STRATEGY - MODERN LUXURY BY DESIGN Electrification of the Jaguar and Land Rover brands The electrification of the Jaguar and Land Rover brands is at the heart of Reimagine, set against a canvas of true sustainability. Our accelerated path towards electrification through Reimagine will cont
Slide 29: Update on JLR Reimagine future
on Update JLR on JLR Reimagine Reimagine future future pdate on pdate JLRon on JLR Reimagine JLR Reimagine Reimagine future future future o Update Planning UPDATE invest nning £15 to£15 o invest to on billion invest ON JLR invest over £15over billion £15 JLR 5 billion Reimagine billion years over RE
Slide 30: Reimagine strategy - Refocus transformation
REIMAGINE STRATEGY - MODERN LUXURY BY DESIGN Refocus transformation to drive the transformation of the business Refocus Our refocus transformation programme is the engine room powering our reimagine strategy. 1 2 3 4 5 6 Our Refocus transformation programme is the engine room QUALITY PROGRAMME DELIV
Slide 31: Transformation - Refocus 2.0
TRANSFORMATION - REFOCUS 2.0 K1 K2 K3 K4 K5 K6 K7 K8 K9 K10 Corporate Presentation 2023 31
Slide 32: JLR outlook
JLR OUTLOOK >£28bn in FY24; >£30bn in FY26 >6% in FY24; >10% by FY26 REVENUE EBIT MARGIN Target of c.£3bn p.a. £2bn in FY24 INVESTMENT Continuing to be significantly positive thereafter FREE CASH FLOW Net cash from FY25 NET DEBT ZERO Corporate Presentation 2023 32
Slide 33: Key Subsidiaries and Partnerships
5 Corporate Presentation 2023 Key Subsidiaries and Partnerships 33
Slide 34: Operating through a robust network of subsidiaries
OPERATING THROUGH A ROBUST NETWORK OF SUBSIDIARIES Tata Motors Finance reaches out to customers to help Tata Daewoo is one of South Korea’s most Tata Technologies Limited is a leading global engineering services them realise their dream of owning a Tata vehicle easily. reputed truck makers. Through
Slide 35: Strategic alliances that enable us to move further ahead
AND STRATEGIC ALLIANCES THAT ENABLE US TO MOVE FURTHER AHEAD A 50:50 JV between Chery Automobile Investment by TPG Rise Climate along JLR’s long-term strategic partnership Co. Ltd. and JLR. Chery Jaguar Land Rover with co-investors for `7,500 crore in to develop the world’s first premium has a world
Slide 36: Responsible Business
6 Corporate Presentation 2023 Responsible Business 36
Slide 37: Tata Motors vision for a sustainable future
TATA MOTORS VISION FOR A SUSTAINABLE FUTURE Planet Resilience Community Resilience Governance Resilience Driving NET ZERO, Transitioning to a Equity and ‘Just Transition, for Embedding Sustainability & Circular Economy All Our Stakeholders Enhancing Accountability & Transparency & Preserving Nature
Slide 38: Driving net zero: operational decarbonisation
DRIVING NET ZERO: OPERATIONAL DECARBONISATION FY23 RE Snapshot CV Pantnagar Tata Motors and Tata Power have entered into a Power Purchase Agreement (PPA) for a 7 MW captive solar power project at its Pantnagar plant in Uttarakhand. CV Pune 4 MWp Roof Top Solar installation started which will take th
Slide 39: Providing leadership: leading by example
PROVIDING LEADERSHIP: LEADING BY EXAMPLE CIRCULAR ECONOMY Water Neutral Zero Waste to Landfill Material. Energy. Lifetime. Utilization EQUITY RE 100 NET ZERO Tata Motors sees this a decade of sustainable actions and choices 2030 across all our Operations 2040 for PV | 2045 for CV that will define wh
Slide 40: JLR sustainability roadmap
JLR SUSTAINABILITY ROADMAP Corporate Presentation 2023 40
Slide 41: JLR's sustainability strategy: focus areas
JLR’S SUSTAINABILITY STRATEGY: 3 FOCUS AREAS Corporate Presentation 2023 41
Slide 42: Tata Motors - snapshot of focus areas initiatives and reach FY23
TATA MOTORS - SNAPSHOT OF FOCUS AREAS INITIATIVES AND REACH FY23 CSR Spend Reach [ Numbers] HEALTH AAROGYA ₹3.38 5,31,137 Crore EDUCATION VIDYADHANAM ₹8.05 1,07,722 Crore EMPLOYABILITY ₹3.9 28,896 KAUSHALYA Crore ENVIRONMENT ₹3.97 98,045 VASUNDHARA Crore RURAL ₹1.16 35,068 DEVELOPMENT Crore Corporat
Slide 43: Jaguar Land Rover - community engagement
JAGUAR LAND ROVER – COMMUNITY ENGAGEMENT British Red Cross and Agroforestry educational ‘Give her a Crown, International Federation of programme with Toré South Africa’ the Red Cross Institute This is a female empowerment platform in South Africa that utilises the power Our long-standing partnership
Slide 44: Fuelled by good governance
FUELLED BY GOOD GOVERNANCE Board of Directors Mr. N. Chandrasekaran Mr. Om Prakash Bhatt Ms. Hanne Sorensen Ms. Vedika Bhandarkar Non-Executive Director and Chairman Non-Executive, Independent Director Non-Executive, Independent Director Non-Executive, Independent Director 06 years on the Board 06 y
Slide 45: Experience behind the wheel
EXPERIENCE BEHIND THE WHEEL Executive Committee Mr. Girish Wagh Mr. Shailesh Chandra Mr. P. B. Balaji Executive Director Managing Director, Tata Motors Passenger Group Chief Financial Officer Vehicles Limited, and Tata Passenger Electric Mobility Limited Mr. Rajendra Petkar Mr. Ravindra Kumar GP Mr.
Slide 46: Thank you
Thank you For more information, visit tatamotors.com and email us at ir_tml@tatamotors.com