Tata Consumer Products Limited · NSE:TATACONSUM
Tata Consumer Products — Shareholder Meeting (July 2020)
33 slides from Tata Consumer Products's shareholder meeting presentation, Jul 6, 2020
Slide 1: 57th Annual General Meeting Financial Year 2019-20
57th Annual General Meeting Financial Year 2019-20 6th July 2020 Presentation by Sunil D’Souza Managing Director & CEO
Slide 2: Disclaimer
Disclaimer Certain statements made in this presentation relating to the Company’s objectives, projections, outlook, expectations, estimates, among others may constitute ‘forward-looking statements’ within the meaning of applicable laws and regulations. Actual results may differ from such expectation
Slide 3: Company Overview
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Slide 4: We are Tata Consumer Products
We are Tata Consumer Products In a nutshell Integrated F&B company #2 branded Tea player with rich heritage of Tata, globally aspiring for a larger share of the FMCG World ₹ 9.6K crore consolidated Combined reach of over 200 revenue in FY20 and current million households, wide market cap of ~₹35k Cr
Slide 5: Profile of Tata Consumer Products
Profile of Tata Consumer Products Tata Chemicals Limited (TCL) Tata Global Beverages Tata Consumer Products Limited Limited (TGBL) Limited (TCPL) 56 % India + = 11 % 16 % UK USA 17 % Others Other business India beverages India beverages 84 % 43 % 35 % Consumer 45 % International India foods 16 % bev
Slide 6: Brand Promise – For Better
Brand Promise – For Better Consumers Employees A commitment to deliver better A rallying cry to aim for better, products that will help everyone catalyzing growth and excitement fulfill aspirations & lead happier, healthier lives As Tata Consumer Products, we stand ‘For Better’ – a reflection of our
Slide 7: Performance Highlights
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Slide 8: Key Highlights of the Year
Key Highlights of the Year Merger of Consumer Products Name of the Company changed Business of Tata Chemicals with Consolidated Revenue + 33%; to ‘TATA Consumer Products TGBL, completed in Feb’20 Like to like + 4% Limited’ Acquired branded business of Consolidated EBITDA + 56%; Cash EPS for the Year
Slide 9: Geographic revenues at a Glance
Geographic revenues at a Glance In ₹ Cr India Beverages India Foods US Coffee Other International Tata Coffee Consolidated (unless specified) (UK, Canada and Others) (inc Vietnam) Revenue (FY20) 3,377 2,064 1,121 2,105 836 9,637 Revenue Growth 7% 12% 2% 0%^ 19% 33%/4%# Volume Growth 7%* 3%* 5%* 1%*
Slide 10: Annual Financial Performance
Annual Financial Performance Standalone (in ₹ Cr) Consolidated (in ₹ Cr) +6% 2,064 5,690 2,064 9,637 +4% Revenue from 322 operations 7,252 3,430 196 +66% +33% FY19 Growth ex. India Foods FY20 FY19 Growth ex. India Foods FY20 Foods Foods 806 315 1,310 +4% 315 +12% 157 EBITDA 838 28 464 +56% +74% FY19
Slide 11: Dividend and Market Capitalisation
Dividend and Market Capitalisation Consistent growth in dividend pay out Healthy growth in Market Capitalisation 300 2.70 3.00 40,000 450 2.50 387 2.35 2.50 35,000 400 250 2.50 2.25 2.25 2.25 350 30,000 2.25 269 200 2.15 2.15 2.00 300 25,000 2.00 250 150 1.50 20,000 131 200 15,000 122 173 100 1.00 1
Slide 12: Business Performance - India
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Slide 13: Portfolio: India Beverages and Nourishco
Portfolio: India Beverages and Nourishco Tea Coffee Ready to drink Legacy of more than 30 years Tata Coffee Grand leverages Tata Tata Gluco Plus is an affordable on- India’s largest packaged tea brand heritage in coffee & has created an the-go Re-hydration solution #1 in the category by Volume innov
Slide 14: India: Beverages
India: Beverages Performance Commentary +7% Annual Revenue • Tea sales + 7% in FY20 Growth Tulsi green tea launched during the year • Spice mix continues to see strong growth +7% Annual Volume Growth • Tata Tea Premium gained market share with restage • Onset of COVID-19 impacted primary sales in Ma
Slide 15: Portfolio: India Foods
Portfolio: India Foods Salt Pulses Spices Ready-to-cook mixes Tata Salt is an undisputed Only national brand in pulses Range of pure & blended Range of ready-to-cook market leader. spices crafted by Master Chef nutritious mixes made from Offering wholesome and Sanjeev Kapoor. natural ingredients. In
Slide 16: India: Foods
India: Foods Performance Commentary +12% Annual Revenue • Volume growth across all segments Growth • Revenue growth of 12% in FY20 Tata Salt installed a unique digital billboard at M.G. Road, Mumbai on Gandhi Jayanti. The billboard reinforced Bapu’s learning of ‘Cleanliness’ thereby adding to brand
Slide 17: Subsidiary: Tata Coffee (inc Vietnam)
Subsidiary: Tata Coffee (inc Vietnam) Premium single-origin coffee Performance Commentary (100% Arabica) under brand ‘The Sonnets’ launched in 3 variants - Yellow Honey, Red Honeyand Gold Honey +19% Annual Revenue • Topline + 19% YTD, led by Vietnam sales, which Growth commenced during the year • In
Slide 18: NourishCo Beverages
NourishCo Beverages Performance commentary 181 Cr Annual • Himalayan Revenue Good momentum prior to lockdown • Tata Water Plus (TWP) Pet Revenue + 10% with volume growth of 12% 30% • Tata Gluco Plus (TGP) Good gains till Feb’20, impacted by lockdown EPR* Himalayan social media Coverage Acquisition U
Slide 19: JV: Tata Starbucks
JV: Tata Starbucks Performance commentary +21% Annual Revenue • 39 new stores opened in FY20 Rajiv Gandhi International Growth Airport, Hyderabad • New cities added during the Year – Ahmedabad, Surat and Vadodra • Double digit growth in total transactions y-o-y 185 • 30% revenues through loyalty pro
Slide 20: Business Performance - International
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Slide 21: Portfolio: International Beverages
Portfolio: International Beverages Tea Coffee Tetley is the #2 branded tea company in the world, Led by 160 years of innovation, Eight O’ Clock is America’s original with a heritage of more than 180 years gourmet and whole bean coffee. #1 in Canada, #3 in the UK It is the #4 Roast & Ground coffee br
Slide 22: USA
USA A limited-edition anniversary pack with a vintage caddy to celebrate Performance commentary 160 years of EOC 5% Annual Volume • Growth across EOC branded bags, K-cups & private Growth in Coffee label • Significant growth in online sales 7.4% • Increased profitability with better cost & higher ef
Slide 23: UK Performance Commentary
UK Performance Commentary 1% Annual Growth • Value outperformance in March as shoppers stock up on staples Launch of Good Earth Teas in Sainsbury • Tea Pigs perform well on the back of the online boom 21.3% Value Market share (in everyday black)* • Increased social media activity to engage with mult
Slide 24: Canada
Canada Performance Commentary 6% Annual Revenue • TCP remains value & volume share leader Growth Tetley Limited edition Pink • Super Teas achieved 3.9% value share of specialty tea Packs to support the Canadian Cancer Society (incl. Tazo, Davids Tea & Tim Horton) Tetley Cold Infusions range of teas
Slide 25: Campaigns & Recognition
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Slide 26: Brand Campaigns: India
Brand Campaigns: India Tata Tea Gold and Starbucks Tata Tea Chakra celebrate • #DiwaliGamesAtStarbucks to get regional pride through together with friends and family hyperlocal campaigns • Barista Pride to celebrate personal triumph of our partners • #CountOnMeGirl to appreciate the bond that women
Slide 27: Brand Campaigns: International
Brand Campaigns: International Tetley UK ‘Now We’re Talking’ campaign gets rated #3 on ITV-backed effective ad list 2019 Tetley Canada promoted the launch of Tetley Tetley Canada promoted Supers Supers Tea through an integrated campaign with “Wellness Contest” #NotYourAverageCupofTea Eight O’ Clock
Slide 28: Awards & Accolades
Awards & Accolades 1. Risk Management 4. Product “Best Risk Management Great Taste Awards -Tetley is the Framework & Systems - FMCG” highest awarded UK tea brand at at India Risk Management the ‘Oscars’ of the fine Food and Awards 2020 Beverages world 2. Workplace 5. CSR Top #100 Best Companies for
Slide 29: Responsible Business
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Slide 30: Sustainability: Value Chain, Communities & Climate
Sustainability: Value Chain, Communities & Climate Climate leadership Renewable energy We are one of the 6 companies 12% of the energy in production in India on CDP A- list from solar power Trustea spreads sustainable Project Jalodari to provide agricultural practices to water & sanitation for 25,00
Slide 31: Priorities for FY21
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Slide 32: FY21 : Focus & Priorities
FY21 : Focus & Priorities Build on Drive Digital Unlock Create Future Explore New Care for our Core Business & Innovation Synergies Ready Org. Opportunities Society 1 million community members 32
Slide 33: Thank You
qb TATA Thank You
Tata Consumer Products — Shareholder Meeting (July 2020) on 6ix