Thomas Cook (India) Limited · NSE:THOMASCOOK
Thomas Cook (India) — Investor Presentation (May 2004)
33 slides from Thomas Cook (India)'s investor presentation, May 21, 2004
Slide 1: Analyst Meet
Analyst Meet Mumbai, May 2004 Ashwini Kakkar CEO & Managing Director
Slide 2: Agenda
Agenda 1. Company 2. Environment 3. Financial Performance 4. Summary 2 Private & Confidential
Slide 3: Company
1. Company 2. Environment 3. Financial Performance 4. Summary 3 Private & Confidential
Slide 4: Group Company - Thomas Cook AG
Group Company - Thomas Cook AG One of the largest Travel Companies in the world 2nd largest travel group in Europe 3rd largest travel group in the world Controls the largest travel agency in the world One of the largest Fleet Operators Among the 10 largest airline fleets in Europe Oper
Slide 5: Thomas Cook AG
Thomas Cook AG SHAREHOLDING Deutsche Lufthansa AG 50% KarstadtQuelle AG 50% REVENUE 7.2 Billion (Financial Year 2002-03) CUSTOMERS 12.5 Million (Financial Year 2002-03) EMPLOYEES OPERATIONS IN 26000 - Worldwide • Germany • Netherlands • Great Britain / Ireland • Austria SALES MARKETS • Belgium / Lux
Slide 6: Thomas Cook India
Thomas Cook India SHAREHOLDING NETWORK •TC Overseas 60.0% •State Bank of India 8.3% •Unit Trust of India 2.5% Jallandhar Chandigarh •Public 29.2% Delhi Gurgaon Jaipur CORPORATE GOVERNANCE Ahmedabad Kolkata Board & Committees Vadodara •Board of Directors Mumbai •Sub Committee of the Board Pune Hydera
Slide 7: TC India in the Indian Ocean Region
TC India in the Indian Ocean Region UK Germany China Pakistan Nepal Bhutan Egypt Bangladesh India Myanmar Thailand Sri Lanka Maldives Seychelles Mauritius • Overseas Operations in 11 Countries (Egypt to Myanmar) 7 Private & Confidential
Slide 8: Thomas Cook India
Thomas Cook India 8 Private & Confidential
Slide 9: Thomas Cook India
Thomas Cook India 9 Private & Confidential
Slide 10: Thomas Cook India Web Shops
Thomas Cook India Foreign Exchange Business Travel Web Leisure Travel Shops Services & Insurance Call Center Charter Airlines Hotels Best Products Honest Prices 10 Private & Confidential
Slide 11: Thomas Cook India
Thomas Cook India Passport, Visas Domestic/ International & Insurance Air Travel Rail & Car Bookings Domestic / Intl. Hotels Foreign Exchange Emergency A Comprehensive Range Assistance of Products 65 branches incl. Egypt, Sri Lanka, Mauritius & Indian Ocean Region 1000 graduate employees Cargo Leisu
Slide 12: Thomas Cook Happenings...
Thomas Cook Happenings... Launch of EmigrationCare & Enhanced TravelCare Insurance Products CEO Summit on the Management of Services - A Global Perspective, March 2004 Annual General Meeting, February 2004 12 Private & Confidential
Slide 13: Thomas Cook Happenings…
Thomas Cook Happenings… Galileo Express Travel & Tourism Award for “Most Innovative Marketing Campaign by a Tour Operator” - 2003-2004 TCIL receives the National Tourism Award for “Outstanding Performance as Tour Operator/Travel Agency” - 2002-2003 PATWA International Certificate of Merit from The O
Slide 14: Thomas Cook Happenings
Thomas Cook Happenings Network Expansion SEEPZ, Mumbai office 14 Private & Confidential
Slide 15: Thomas Cook Happenings - Network Expansion
Thomas Cook Happenings Network Expansion Relocation of office at Ahmedabad New Office at Margao, Goa Additional office at Grand Baie, Mauritius Ahmedabad - New office Grand Baie, Mauritius Margao, Goa 15 Private & Confidential
Slide 16: Environment
1. Company 2. Environment 3. Financial Performance 4. Summary 16 Private & Confidential
Slide 17: Happenings...
Happenings... 17 Private & Confidential
Slide 18: India Tourism Economic Profile
India Tourism Economic Profile Government emphasis on tourism Demand in India expected to grow @ 10% between 2004-2014 (WTTC) Open sky policy Domestic airlines moving in S. Asian skies Outbound Charters being allowed Significant increase in private foreign investment, in infrastructure
Slide 19: Challenging Environment
Challenging Environment Threats to Travel & Tourism Industry Terrorism Rising oil prices Stiff competition and price wars Seat availability Tourism Industry shows resilience - Tourist Arrivals - 3 million 19 Private & Confidential
Slide 20: New Customer
New Customer More Tech Savvy Changed Changed Lifestyles Demographics New More Flexible Customer Changed Values More More Experienced More Cost Independent Conscious •Increase in disposable income of growing middle class •Increasing awareness of global destinations •Travel is no longer a luxury but a
Slide 21: Emerging Channels
Emerging Channels Self-booking access Booking through Global through supplier travel Management inventory systems / company Corporate GDS Purpose of B2B CONSULTANCY Travel Booking of Booking through Self-booking access packaged storefront through new channels Leisure products operations on-line B 2
Slide 22: Tourist Arrivals show a positive trend...
Tourist Arrivals show a positive trend... 400 In Thousand 350 300 250 200 150 100 50 0 Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct 2001-02 2002-03 2003-04 Source - Economic Times & Financial Times 23% increase in tourist traffic in the winter season 22 Private & Confidential
Slide 23: Financial Performance
1. Company 2. Environment 3. Financial Performance 4. Summary 23 Private & Confidential
Slide 24: Second Quarter Performance
Second Quarter Performance February 2004 - April 2004 Rs. Lacs Actual Last Year Variance Apr.'04 Apr.'03 % Revenue 3026 2414 25 Costs 2317 2008 -16 Profit Before Tax 709 406 75 Tax 257 174 -48 Profit After Tax 452 232 95 PAT up by 95% 24 Private & Confidential
Slide 25: Half Year Performance
Half Year Performance November 2003- April 2004 Actual Last Year Variance Apr.'04 Apr.'03 % Revenue 6366 5252 21 Costs 4397 3879 -13 Profit Before Tax 1969 1373 43 Tax 717 493 -45 Profit After Tax 1252 880 42 Revenue up by 21%, PAT up by 42% Strong Growth Continues 25 Private & Confidential
Slide 26: Half Year Performance - Earnings Per Share
Half Year Performance Earning Per Share (of Rs. 10) 10 8.6 Rs. 8 6 6 4 2 0 2003 2004 Cash EPS up from Rs.7.6 in Apr ‘03 to Rs.10.1 in Apr ‘04 26 Private & Confidential
Slide 27: Half Year Performance - Profit Before Tax
Half Year Performance Profit Before Tax Rs. Lacs 1969 2000 1373 1500 1000 500 0 2003 2004 Profit After Tax up from 16.8% in Apr. ‘03 to 19.7% in Apr. ‘04 27 Private & Confidential
Slide 28: Performance Review - Share Capital & Reserves
Performance Review Share Capital & Reserves Rs. Lacs 13000 11938 10685 11000 9140 9000 7723 7688 7000 Book Value Per Share 5000 100 91.9 83.3 3000 1458 72.5 1458 1458 1458 1458 80 62.1 62.4 1000 60 -1000 2000 2001 2002 2003 2004 H1 40 Share Capital Reserves 20 0 2000 2001 2002 2003 2004 H1 Net Worth
Slide 29: Performance Review - Cost to Income, Debt Equity
Performance Review Cost to Income Ratio 80 78.2 78 76.3 76 74 72 70.1 70 69.3 69.1 Debt Equity Ratio 68 0.6 66 0.6 64 0.5 2000 2001 2002 2003 2004 0.4 H1 0.3 0.3 0.2 0.2 0.1 0.1 0.1 0 2000 2001 2002 2003 2004 H1 29 Private & Confidential
Slide 30: Performance Review
Performance Review 30 Private & Confidential
Slide 31: Summary
1. Company 2. Environment 3. Financial Performance 4. Summary 31 Private & Confidential
Slide 32: Summary
Summary Increased Profitability Strong Reserves Innovation driving businesses Strong Performance Backed By Strong Business Model 32 Private & Confidential
Slide 33: www.thomascook.co.in
www.thomascook.co.in
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