Slide 1: Exchange filing cover letter for investor presentation
7th November, 2019 The Manager, The Manager, Listing Department Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot No. C/1, Dalal Street, G Block, Bandra-Kurla Complex, Bandra (E), Mumbai – 400 001 Mumbai – 400 051 Scrip
Slide 2: Q2 & H1 FY20 Earnings Presentation
Q2 & H1 FY20 Earnings Presentation 07 November, 2019 Thomas Cook India Limited (TCIL) BSE: 500413 | NSE: THOMASCOOK
Slide 3: Thomas Cook at a glance
Thomas Cook at a glance Thomas Cook is a leading integrated Travel and Financial services Company Thomas Cook Group in India, part of the Fairfax group which owns 66.9% stake in Thomas Forex Cook India Outbound Integrated business model creates value through scale and flexibility MICE* Premier brand
Slide 4: Q2 & H1 FY20 Financial Performance
Q2 & H1 FY20 Financial Performance
Slide 5: Q2 FY20 Highlights
Q2 FY20 Highlights Thomas Cook (India) Ltd. (TCIL), India’s largest integrated travel services company, today announced its financial results for the quarter ended September 30, 2019 against the backdrop of a challenging operating environment with continuing weak consumer sentiment impacting the tra
Slide 6: Business Segments – Travel
Business Segments – Travel B2C Revenue Mix - FY19 Outbound Domestic Visa Outbound business Domestic Travel Caters to corporate 1% -5% comprises of Leisure comprises of clients, walk-ins & Outbound, E- domestic focussed package tour clients, business of TCIL, activities of TCIL & innovative technical
Slide 7: Business Segments – Travel
Business Segments – Travel Travel segment gross margins Revenue mix Gross Margins – Q2 FY20 Q2 FY19* Segment Q2FY20 0.4% -4% 0.5% -2% Outbound 12% Inbound 28% 30% 27% 8% 43% 46% MICE Domestic 17% 3% Corporate Travel 8% 1% 2% 1% DMS 15% 23% 21% 3% 4% Travel Services • The revenue from operations from
Slide 8: Business Segments – Travel
Business Segments – Travel Update on International Inbound (DMS) entities • Private Safaris: (South Africa & East Africa) –both entities reported an increase in topline and a corresponding reduction in losses • ATP North America – Witnessed healthy growth in Q2 with demand expected to grow • Asian T
Slide 9: Business Segments – Travel Related Financial Services
Business Segments – Travel Related Financial Services Forex • One of India’s largest foreign exchange dealers with dominance in the wholesale segment and keen focus on the retail market as well • AD-II license holder • Only non bank in the country to issue Prepaid Travel cards • Member of SWIFT • On
Slide 10: Business Segments – Digiphoto Imaging Services
Business Segments – Digiphoto Imaging Services • Thomas Cook India Group, had announced its acquisition of a 51% stake in Digiphoto Entertainment Imaging (DEI), in March 2019. Business Operations Imaging Solution and Services School photography –KlassAkt • DEI has been successfully end to end soluti
Slide 11: Management comments- Q2 FY20
Management comments- Q2 FY20 Commenting on the results, Mr. Madhavan Menon, Group Chairman and Managing Director, said: “This has been a challenging quarter for the travel industry with the collapse of Jet Airways leading to a surge in airfares, as well as the negative impact on customers and to the
Slide 12: Results – Q2 FY20 Consolidated
Results – Q2 FY20 Consolidated Comparable Reported Particulars (Rs. mn) Q2 FY20 Q2 FY19 Shift (%) Q2 FY20 Q2 FY19 Shift (%) Revenue from Operations 15,616.0 15,998.8 (2.4)% 17,000.0 15,998.8 6.3% Other Income 470.7 112.7 317.7% 475.9 112.7 322.3% Total Income from Operations 16,086.8 16,111.5 (0.2)%
Slide 13: Results – Q2 FY20 Consolidated
Results – Q2 FY20 Consolidated Comparable Reported Particulars (Rs. mn) Q2 FY20 Q2 FY19 Shift (%) Q2 FY20 Q2 FY19 Shift (%) Segment Revenue (a) Financial Services * 759.4 729.6 4.1% 759.4 729.6 4.1% (b) Travel and Related Services * 14,289.9 14,738.2 (3.0)% 14,289.9 14,738.2 (3.0)% (c) Human Resourc
Slide 14: Results – H1 FY20 Consolidated
Results – H1 FY20 Consolidated Comparable Reported Particulars (Rs. mn) H1 FY20 H1 FY19 Shift (%) H1 FY20 H1 FY19 Shift (%) Revenue from Operations 37,612.8 36,844.0 2.1% 40,175.5 36,844.0 9.0% Other Income 641.8 271.6 136.3% 657.4 271.6 142.0% Total Income from Operations 38,254.6 37,115.6 3.1% 40,
Slide 15: Results – H1 FY20 Consolidated
Results – H1 FY20 Consolidated Comparable Reported Particulars (Rs. mn) H1 FY20 H1 FY19 Shift (%) H1 FY20 H1 FY19 Shift (%) Segment Revenue (a) Financial Services * 1,571.3 1,459.9 7.6% 1,571.3 1,459.9 7.6% (b) Travel and Related Services * 34,679.9 34,120.9 1.6% 34,679.9 34,120.9 1.6% (c) Human Res
Slide 16: Material Events
Material Events Innovation and new products-services: • Launched ‘TeeCee’ and Ezy, AI powered chatbots, offering customers a near human experience, for thomascook.in and sotc.in respectively • TCIL launched Home Collection Services for its Visa Business, in a focused initiative to empower customers
Slide 17: Material Events
Material Events Awards: • TCIL won the prestigious ‘Best Travel Agency – India’ award at the 30th Annual TTG Travel Awards 2019 • TCIL Honored with ‘India Travel Partner of the Year 2018’ Award by SAP Concur for its digital-led achievements in the Business Travel sector • TCIL won the ‘Industry Trai
Slide 18: Supplementary Information
3 Supplementary Information • Thomas Cook Group Structure • Investments • Sterling Holiday Resorts Limited
Slide 19: Thomas Cook Group Structure
Thomas Cook Group Structure Thomas Cook Group 100% in all Operating companies Travel Services Group (TSG) Portfolio Investments 100% 48.57% 51% Kuoni Hong Overseas Sterling Digiphoto TCIL SOTC TCI* Quess Corp Entertainment Kong DMS Holidays Imaging (DEI) Private Safaris Private Safaris Desert Luxe A
Slide 20: Portfolio Investments – Vacation Ownership & Resorts
Portfolio Investments – Vacation Ownership & Resorts Q2 FY20 Update • EBITDA (loss) for Q2 FY20 reduced to Rs. -72 Mn. from loss of Rs. -171 Mn. in Q2 FY19. EBITDA (loss) excluding IND AS 116 is Rs. -137 Mn. • Sterling membership sales value grew by 50% • Occupancy rate was higher by 5% as against t
Slide 21: Current Resort Network (2300+ Operational rooms)
Current Resort Network (2300+ Operational rooms) Riverfront Heritage Jungle Beach Mountain Anaikatti (L) Corbett (L) Puri (O) Dharamshala (L) Anaikatti (L) Shridi (L) Sariska (MC) Goa (L) Manali (O) Shridi (L) Agra (L) Thekkady (L) Karwar (L) Mussoorie ((O) Agra (L) Jaipur (MC) Kanha (L) Nainital (L
Slide 22: Contact Us
Contact Us For further information please contact Debasis Nandy Urvashi Butani President and Group CFO General Manager- Investor Relations Tel: +91 22 4242 7000 Tel: +91 22 4242 7095 Email: Debasis.Nandy@in.thomascook.com Email: Urvashi.Butani@in.thomascook.com Corporate Identification No: L63040MH1
Slide 23: Disclaimer
Disclaimer This presentation has been prepared by Thomas Cook (India) Limited (“Company") solely for information purposes without any regard to any specific objectives, financial situations or informational needs of any particular person. This presentation may not be copied, distributed or dissemi