Thomas Cook (India) Limited has informed the Exchange about Investor Presentation
August 9, 2023
The Manager, Listing Department BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001 Scrip Code: 500413
The Manager,
Listing Department National Stock Exchange of India Limited Exchange Plaza, 5th Floor, Plot No. C/1, G Block, Bandra-Kurla Complex, Bandra (E), Mumbai – 400 051 Scrip Code: THOMASCOOK
Fax No.: 2272 2037/39/41/61
Fax No.: 2659 8237/38
Dear Sir/ Madam,
Sub: Analysts and Investors Earning Conference Call Presentation
In furtherance of our intimation dated August 1, 2023 giving intimation on the “Q1 FY24 earnings conference call for the analysts and investors, scheduled on Thursday, August 10, 2023 at 03:00 p.m. IST”, please find enclosed the investor presentation, to be presented before Analysts and investors.
This is for your information and records.
Thank you.
Yours faithfully, For Thomas Cook (India) Limited
Amit J. Parekh Company Secretary and Compliance Officer
Encl.: a/a
TCIL reports record growth in Consolidated Operating Profits for Q1 FY 2024
Highlights for Q1FY24 • The Group’s Operating EBITDA grew significantly to Rs. 1,474 Mn for Q1 FY24 against Rs. 555 Mn compared to the same quarter last year. Growth driven primarily by Foreign
Exchange & Travel Businesses (Thomas Cook and SOTC); Hospitality (Sterling Holidays)
• Consolidated Operating PBT grew over 27 times in Q1 FY24; at Rs. 914 Mn Vs Rs. 33 Mn in Q1 FY23 • Standalone Operating EBITDA at Rs. 736 Mn for Q1 FY24 Vs 286 Mn in Q1 FY23, Operating PBT at Rs.574 Mn Vs Rs. 115 Mn in Q1 FY23 • Sterling Holidays registered EBITDA at Rs. 475 Mn for Q1 FY24 Vs Rs. 411 Mn in Q1 FY23; PBT at Rs. 358 Mn Vs Rs. 283 Mn in Q1 FY23 • Strong order book, signaling robust forwards for Q2 FY24. Holidays at 116%, MICE 113% Vs Q2 FY23 • The Group continues to maintain a strong financial position, with Cash & Bank balances of Rs. 14,090 Mn as of June 30, 2023
Q1FY24
Total Income from Operations
Operating EBITDA*
Rs 19,224 mn +94.2% YoY
Rs 1,474 mn Vs Rs 555 mn in Q1FY23
Operating PBT*
Rs 914 mn Vs Rs 33 mn in Q1FY23
Significant growth in Income from Operations across all Business segments in Q1 FY24
(Rs mn)
Travel & Related Services
118%
14,689
Forex
91%
916
Leisure Hospitality & Resorts (Sterling Holidays)
Digital Imaging Solutions
13%
48%
1,153
2,232
1,507
6,750
479
1,025
Q1FY23
Q1FY24
Q1FY23
Q1FY24
Q1 FY23
Q1 FY24
Q1 FY23
Q1 FY24
* Operating Performance stands adjusted for Mark to Market arising from the shares of Quess Corp Ltd (in Employee Benefit Trust), gain of Rs.95 Mn for Q1 FY24 and loss Rs. 56 Mn for Q1 FY23.
# Calculated on the basis of Operational PBT
Group’s Strengthening Balance Sheet Position
Particulars
Operating EBITDA
EBITDA %
Operating PBT
Consolidated (QTD)
Standalone (QTD)
Particulars
Q1FY24
Q1FY23
Q1FY22
Q1FY24
Q1FY23
Q1FY22
1,474
7.7
914
555
5.6
54
(945)
Operating EBITDA
(31.3)
EBITDA %
(1,384)
Operating PBT
736
9.7
574
286
8.9
136
(410)
(67.9)
(506)
(Rs mn)
Consolidated Cash Balance
14,090
8,500
6,082
Standalone Cash Balance
9,165
5,554
4,594
11,171
8,561
6,399
10,097
19,160
16,944
16,550
16,747
5,081
4,463
4,548
3,423
FY20
FY21
FY22
FY23
FY20
FY21
FY22
FY23
Cash & Bank Balance
Debt
Equity
2
Thomas Cook (India) Limited (TCIL) Q1 FY24 Earnings Presentation August 09, 2023
Thomas Cook (India) Limited (TCIL) BSE: 500413 | NSE: THOMASCOOK
Thomas Cook India Group at a glance
Foreign Exchange & Related Services
Digital Imaging Solutions
Travel & Related Services
Leisure Hospitality & Resorts
➢ Retail & Wholesale
➢ Digiphoto
B2C:
➢ Forex Cards
➢ Remittance
Entertainment Imaging Ltd. (DEI)
Leisure Holidays (Domestic & Outbound)
B2B:
MICE, Corporate Travel, Destination Management Services – DMS (India + International)
➢ Sterling Holiday Resorts Limited
4
Thomas Cook India Group at a glance
Thomas Cook (India) Ltd is a leading integrated Travel and Financial services Company in India, part of the Fairfax group which owns 72.34% stake in Thomas Cook India
Integrated business model creates value through scale and flexibility
Spread across 28 countries across 5 continents
Premier brand portfolio with omni-channel strategy
Business is uniquely positioned to provide customer centric experiences & value driven service and offerings
5
Key Highlights
Rapid recovery and growth registered across businesses (turnover):
Business Segments
Foreign Exchange
Travel Services Overall
•
•
Travel Services – India (Holiday, MICE & Corporate Travel)
Travel Services Destination Management Services (DMS) (India & International)
Leisure Hospitality & Resorts business (Sterling Holidays)
Digital Imaging Solutions (DEI)
Q1 FY24 Recovery Vs Pre pandemic
Q1 FY24 Growth YoY
Mr. Madhavan Menon, Chairman and Managing DirectorThomas Cook (India) Ltd said,
106%
78%
77%
104%
149%
192%
60%
76%
78%
53%
13%
48%
“On the back of a commendable performance for FY23, the first quarter of FY24 has seen yet another very strong performance by the TCIL Group with Operating EBITDA at Rs. 1,474 Mn Vs Rs. 555 Mn for Q1 FY23.
The robust performance for the Q1 quarter – a traditionally strong quarter seasonally, was driven primarily by our Foreign Exchange and Travel Businesses (across Thomas Cook India & SOTC) and Sterling Holiday Resorts.”
“Our focus continues to be on driving volumes, while managing margins and costs effectively.
Our order books reflect a healthy forward trend across leisure and business segments, and we are bullish about growth in the quarters ahead.”
7
Update on Business operations : Forex
Wholesale
Retail
Remittance
• Banks and large
financial institution
• Forex agents
• Prepaid cards • FX for leisure • FX for Corporates • Airports
•
International Money Transfer
• Remittance To India
Income from Operations (Rs mn)
EBITDA (Rs mn)
91%
263%
EBIT (Rs mn)
284%
916
651
479
436
428
204
120
196
112
Q1FY23
Q4FY23
Q1FY24
Q1 FY23 Q4FY23 Q1 FY24
Q1FY23
Q4FY23
Q1FY24
Forex- Turnover
Q1FY24 106% Recovery from Q1FY20
Q1FY24 60% Growth over Q1FY23
• Strong Retail growth: 38% YoY; turnover growth: 60% YoY • Overseas education segment at 22% YoY • Launched Study Buddy Card (targeting the overseas education segment)
in partnership with Mastercard and Visa
• Collaborated with State Bank of India (SBI) to import and distribute Saudi Riyals
(SAR) for Haj travellers
• New Card issuance grew by 61% QoQ; 53% YoY • Acquired significant large corporates across segments like Retail, Telecom, Consulting,
ITES, Infrastructure, Manufacturing, Facility Management
Card Loads
54%
68%
120
78
72
Digital Forex Center Adoption rate
FX Mate tool Adoption rate
Digital Progress
Q1FY23
Q4FY23
Q1FY24
10%
11%
11%
Q1FY23
Q4FY23
Q1FY24
10%
10%
10%
Q1 FY23
Q4FY23
Q1 FY24
Total Retail Transactions
Digital Forex Center
Total Channel Transactions
FX Mate Tool
8
Study Buddy Card- A Significant & Growing Opportunity
Free International Student Identity Card (ISIC)
Zero mark up on transactions in base currency
Free card replacement on loss of card
Free global sim card
Comprehensive fraud protection insurance
Airport lounge access in India
Free ATM withdrawal
9
Update on Business operations : Travel & Related Services
Overall Travel- Turnover
Q1FY24
78% Recovery from Q1 FY20
Q1FY24
76% Growth over Q1 FY23
Income from Operations (Rs mn)
EBITDA (Rs mn)
EBIT (Rs mn)
118%
14,689
9,510
6,750
654
154
(23)
-178
504
10
Q1FY23
Q4FY23
Q1FY24
Q1FY23 Q4FY23 Q1FY24
Q1FY23
Q4FY23
Q1FY24
10
Update on Business operations : Travel & Related Services
Corporate Travel*
Q1FY24
109% Recovery from Q1 FY20
Q1FY24
25% Growth over Q1 FY23
Domestic Holidays*
Q1FY24 72%
Recovery from Q1 FY20
Q1FY24 -8% Growth over Q1 FY23
International Holidays*
Corporate Travel:
o Q1FY24: Turnover grew by 25% YoY o Ticket size grew by 29% YoY o Acquisition of 13 new accounts across sectors like Automobile, Battery, Footwear & Apparel, Manufacturing,
Technology, Banking & Finance, Engineering, Chemicals, etc. o Over 48% adoption by clients on the corporate self-booking tool
Leisure Travel:
o Q1 FY24: Significant growth in sales of 208% QoQ; 137% YoY o Launched India’s Incredible Short Breaks to capitalise on surge in demand for domestic Minications o Managed large groups for Europe; several groups for Cherry Blossom season in Japan and South Korea o Introduced new destinations like Azerbaijan, Georgia and Kazakhstan; enhanced domestic portfolio and introduced
new products for Odisha, Uttar Pradesh and Gujarat
o SOTC launched website in three regional languages to target India’s viable Regional markets o Spiritual Journeys/Darshans range expanded o Given visa challenges for Europe, launched Easy Visa Holidays to a range of destinations o Released India Holiday Report - reiterating high positive consumer sentiment and strong resurgence of holidays
Q1FY24 50%
Recovery from Q1 FY20
Q1FY24 183% Growth over Q1 FY23
MICE:
MICE*
Q1FY24
105%
Recovery from Q1 FY20
Q1FY24 139% Growth over Q1 FY23
*(On turnover basis)
o Q1 FY24: Significant growth of 139% YoY o Managed over 180 groups - including sizeable movements of between 100 to 1200 delegates across Thailand, Abu Dhabi, Iceland, Switzerland, Maldives, France, Italy, Dubai, Denmark, Australia, Qatar; also, various domestic locations including Lucknow, Pune, Bengaluru
o Empaneled as event partner for India’s G20 meetings and managed over 16 events across 15 cities for the Quarter o Managed 6,500 customers for Khelo India in May 2023 o Inbound group of over 325 delegates managed - from across 25 countries
11
Update on Business operations : Travel & Related Services
DMS^ Travel segment- Turnover
Africa - Private Safaris:
Q1FY24
Q1FY24
104% Recovery from Q1 FY20
53% Growth over Q1 FY23
India - Travel Corporation (India) Limited:
• 259% growth in turnover QoQ. 260% growth YoY. Key markets displaying growth trends for the quarter were UK, France, Germany, Eastern Europe and Russia
• Summer Familiarization - Study Tours conducted in June for
Rajasthan, Tamil Nadu, Kerala and Gujarat
• Class by Sita trainings for guides conducted to prepare for the
coming season
• East Africa - Healthy sales in Q1 FY24 supported by traditional markets such as US, Germany and
UK; also emerging markets: India, Romania and Hungary.
• South Africa – Q1 FY24 surpassed pre pandemic volumes – driven by key European markets
Middle East - Desert Adventures:
• Witnessed lower volumes in Q1 FY24 (due summer season and higher temperatures) vs previous quarter, however the quarter saw significantly higher volumes Vs pre pandemic levels. Key drivers: CIS countries and Indian sub-continent markets.
USA - Allied TPro:
• Strong Q1 FY24 primarily driven by European market. Volumes led by FIT/individual traveller
segment
Asia Pacific - Asian Trails:
• Encouraging pickup in volumes in Thailand, Indonesia, Malaysia and Vietnam. Gradual recovery in key countries such as Laos and Cambodia has resulted in fair sales recovery Vs pre pandemic levels
• TCI has partnered with Travelife - a leading international training, on
programmes
certification
focused
and
management sustainability
^(India & International)
12
Update on Business operations: Leisure Hospitality (Sterling Resorts)
Income from Operations (Rs mn)
13%
847
1,025
1,153
EBITDA (Rs mn)
16%
411
475
• Sterling generated the highest PBT ever this quarter; 147% growth QoQ; 27% growth YoY • 16% growth in EBITDA YoY for Q1 FY24 • Turnover grew by 13% YoY • On YoY basis: 8% growth in ARR and 13% growth in F&B spends resulting in 13% Total
Revenue Growth for company including membership
173
• Occupancy sustained at 74% for Q1 FY24 Vs Q1 FY23, despite higher capacity due to the
Q1FY23
Q4FY23
Q1FY24
Q1FY23
Q4FY23
Q1FY24
EBIT (Rs mn)
324
18%
173
381
Q1FY23
Q4FY23
Q1FY24
addition of 8 resorts
• Guest ratio increased to 62% Vs 55% in Q1 FY23 driven by non-member guests • New resorts launched in Q1 FY24: Panchgani and Shimla • Accelerated focus on digitalization: Oracle NetSuite ERP implemented company wide and Property Management System (PMS) Implemented in few resorts in phased manner
• Healthy growth in revenues and profits also led to free cashflow growth of 24% YoY
Membership Business Onsite sales in Q1FY24 moves up to 68% from 44% in Q1FY23
Resort Occupancy
Average Room Rate (ARR)
Guest ratio
Network
79% v/s 73% in Q1 FY23
Rs 7,454 (8% increase y-o-y)
62% v/s 59% in Q1 FY23
42 Resorts; 2,496 rooms 15 Owned resorts, 12 Leased resorts & 15 Management contract
13
Leisure Hospitality (Sterling Resorts) – New resorts
Shimla
Panchgani
14
Leisure Hospitality & Resorts (Sterling Resorts) : Network
Hill Station
Beach
Waterfront
Heritage
Jungle
Adventure
• Mussoorie • Nainital • Kufri • Manali • Chail • Shimla
• Darjeeling • Gangtok • Kalimpong
North
East
• Rishikesh • De Laila Srinagar
• Haridwar
• Corbett • Kanha • Sariska • Padam Pench
• Puri
SRINAGAR
MANALI
KUFRI
SHIMLA
CHAIL
HARIDWAR
MUSSOORIE
RISHIKESH
NAINITAL
CORBETT
SARISKA
MOUNT ABU
KANHA
DARJEELING
KALIMPONG
GANGTOK
West
• Lonavala • Mount Abu • Panchgani
• Goa – Varca • Karwar
South
• Anaikatti • Munnar • Yelagiri • Yercaud • Ooty – Elk Hill • Ooty – Fern Hill • Kodai – Lake • Kodai - Valley
• Rudra Gir
GIR
NATURE TRAILS
• Sajan (NT) • Durshet (NT) • Dabhosa (NT) • Kundalika
(NT)
PURI
GODAVARI
LONAVALA
PANCHGANI
GOA
KARWA
R
• Palavelli – Godavari • Alleppey
• Guruvayur • Arunai Anantha • Tiruvannamalai • Madurai
• Thekkady • Wayanad
WAYANAD
GURUVAYUR OOTY
YELAGIRI
YERCAUD
TIRUVANNAMALAI
ANAIKATTI
MUNNAR
ALLEPPEY
MADURAI KODAIKANAL
THEKKADY
Leisure Hospitality & Resorts: Moving towards Asset-Light Model
East (4)
West (6 + 4 NT)
North (13)
Puri
Gangtok
Darjeeling
Kalimpong
(O)
(MC)
(O)
(MC)
Goa
Gir
Karwar
Lonavala
Mount Abu
NT Sajjan
NT Dabhosa
NT Durshet
NT Kundalika
Panchgani
(L)
(L)
(MC)
(L)
(L)
(O)
(O)
(O)
(O)
(L)
Kufri
Manali
Srinagar
Kanha
Sariska
Corbett
Mussoorie
Nainital
Rishikesh
Pench
Haridwar
Chail
Shimla
(L)
(O)
(MC)
(L)
(MC)
(L)
(O)
(L)
(MC)
(MC)
(MC)
(MC)
(MC)
Note: (O)- Owned, (L)- Leased, (MC)- Management Contracts
South (15)
Palavelli Godavari
Anaikatti
Guruvayur
Munnar
Thekkady
Wayanad
Ooty - Elk Hill
Ooty - Fern Hill
Kodai - Lake
Kodai - Valley
Yelagiri
Yercaud
Tiruvanamalai
Alleppey
Madurai
(L)
(L)
(MC)
(O)
(MC)
(O)
(O)
(O)
(O)
(O)
(MC)
(O)
(MC)
(L)
(MC)
16
Update on Business operations : Digiphoto Entertainment Imaging Ltd. (DEI)
Income from Operations (Rs mn)
EBITDA (Rs mn)
48%
2,125
2,232
160
1,507
8%
111
173
Q1FY23
Q4FY23
Q1FY24
Q1FY23
Q4FY23
Q1FY24
Key Highlights
• For Q1 FY24, DEI signed 11 new partnerships across various geographies viz. the Rainforest Café and Hard Rock (Canada), Loopagoon (Saudi Arabia), Modesh World (UAE), The Standard Maldives, Kailasha - The Snow Park (India), Van Gogh Event (Singapore), Wahoo Waterpark, Bali Safari, Taman Safari Bogor and Taman Safari Prigen (Indonesia)
• 5 key partnerships renewed: Aquaria Phuket (Thailand), Holiday Inn Bali
(Indonesia), Macau Tower, Mövenpick Maldives, and WonderLa (India)
• 10 partnerships have gone live operationally - Rainforest Café (Canada), Pittsburgh Zoo & Aquarium (USA), Loopagoon (Saudi Arabia), Snow Abu Dhabi, Adrenark and Modesh World (UAE) Maha Tower (Malaysia), Mandai Bird Paradise (Singapore), Trans Studio Makassar and Solo Safari (Indonesia)
EBIT (Rs mn)
3%
51
110
106
Q1FY23
Q4FY23
Q1FY24
• The Dubai Balloon- The Dubai Balloon will be the highest observatory point on The the Palm, offering visitors opportunity to marvel at the complete and architecture of The Palm Islands from the skies. This will first-of-a-kind tethered helium balloon in the U.A.E
shape
be
a
17
We are across the world
3 Continents
19 Countries
140+ Partners
2200 Team Members
Canada
USA
BAHAMAS
CHINA MAINLAND
BANGLADESH
EGYPT
KUWAIT
DUBAI GLOBAL HQ
OMAN
SAUDI ARABIA
MALDIVES
CONGO
INDIA
SINGAPORE
HONG KONG
MACAO
THAILAND
MALAYSIA
INDONESIA
Page no
18
We are trusted by the leading brands in the world
UAE
• Adrenark Adventure Park • Arabian Adventures • At the Top, Burj Khalifa • Atlantis Dubai • Centara Mirage Resort • Dubai Aquarium & Underwater
Zoo
IMG Worlds of Adventure Inside Burj Al Arab Jumeirah Beach Hotel Jumeriah Zabeel Saray
• Dubai Balloon • Dubai Frame • Dubai Butterfly Garden • Dubai Ice Rink • Dubai Miracle Garden • Dubai Safari Park • Global Village • • • • • KidZania Abu Dhabi • KidZania Dubai • LEGOLAND Dubai • LEGOLAND Waterpark • MotionGate • National Aquarium Abu Dhabi • Sheikh Zayed Grand Mosque • Snow Abu Dhabi • Ski Dubai • Sky Views Observatory • Snow Abu Dhabi • Storm Coaster • The Green Planet • The View at The Palm • Wild Wadi Waterpark
Oman
• Oman Aquarium • Snow Oman
Kuwait
• KidZania
Saudi Arabia
• Loopagoon • KidZania Jeddah
Egypt
• KidZania • Ski Egypt • Snow City
The Bahamas
• Atlantis Paradise Island
Canada
• Hard Rock Café • Rainforest Café
Maldives
• Alila Kothaifaru • Amari Havodda • Anantara Dhigu, Veli, and Naladhu
Private Island
JW Marriott Maldives Resort & Spa
Le Meridien Maldives
• Emerald Faarufushi Resort • Emerald Maldives Resort • • Kuda Villingili • Kurumba Resort • • Mövenpick Resort • Sheraton Maldives • Taj Exotica Resort & Spa • The Residence Dhigurah • The Residence Falhumaafushi • The St. Regis Maldives Vommuli • The Standard • The Westin Maldives • Velassaru Maldives • Villa Nautica • Villa Park • W Maldives
DR Congo
• Aqua Splash
Bangladesh
• Mana Bay Waterpark
Hong Kong SAR
• Ngong Ping 360
We are trusted by the leading brands in the world
Singapore
Adventure Cove Waterpark
• • Mandai Bird Paradise • Dolphin Island • Marina Bay Sands • Mount Faber Peak • Night Safari • River Wonders • S.E.A. Aquarium • Singapore Flyer • Singapore Zoo • Sky Helix • Universal Studios Singapore
Malaysia
• Aquaria KLCC • Club Med Cherating • Genting Awana Skyway • Genting Snow World • Langkawi Skycab • LEGOLAND Malaysia • Komtar The Top • Maha Tower • Menara KL Tower • Penang Hill • Petrosains Discovery Center • PETRONAS Twin Towers • Resorts World Genting • SEALIFE Malaysia • Skytropolis • Sunway Lagoon • Sunway Pyramid Ice
Macau SAR
• Macau Tower • The Parisian Macao • The Venetian Macao • The Londoner Macao
India • Girnar Ropeways • Lokaranjan • Marine Kingdom • Ramoji Film City • Snowmagica • Snow City • Snow Kingdom • Snow World • Statue of Belief • VGP Marine Kingdom • VGP Universal Kingdom • Wonder La
China • Shanghai Disneyland
Resort
• Universal Beijing Resort
Thailand
• Andamanda Phuket • Aquaria Central Phuket • Ramayana Waterpark • Vana Nava Waterpark
USA
• 360 Chicago • Anakeesta • Great Smokey Mountain
Wheel • Gulfarium • Hard Rock Café • Lumberjack Feud • Mangos Tropical Café • Pearl Train • Pittsburgh Zoo & Aquarium • The Incline Railway • The Henry Ford Museum • Rock City •
Museum of Science and Industry Chicago
Indonesia
• Bali Bird Park • Bali Safari and Marine Park • Bali Zoo • Conrad Hotel & Resorts Intercontinental Bali • • Jakarta Aquarium • Le Meridien Resort • Mandapa, a Ritz-Carlton Reserve • Ritz Carlton Nusa Dua • Solo Safari • Taman Safari Bogor • Trans Snow World • Trans Studio • Wahoo Waterpark • Waterbom Bali
Q1 FY24 Performance
Results – Q1 FY24 Consolidated
Particulars (Rs. mn)
Income from Operations
Other Income
i. Mark to market gain on Investment ii. Others
Total Income from Operations
Expenses
- Cost of services - Employee benefits expense - Other expenses
i. Mark to market loss on Investment ii. Others
Total Expenses
EBITDA
Operating EBITDA*
Depreciation / Amortization
EBIT
Interest and Finance cost
Exceptional Items
PBT
Operating PBT* Tax expense
PAT
Share of Profit / (loss) of associates (net of income tax)
Reported PAT
Q1 FY24
18,990
Q4 FY23
13,132
Q1 FY23
9,762
94.8 234.1
19,319
14,027 2,272
- 1,451
17,750
1,569
1,474
302
1,267
259
-
1,008
914 284
725
(16)
709
- 107.2
13,239
9,343 2,013
50 1,365
12,771
469
518
299
170
232
(62)
(13) 46
(107)
5
(102)
- 136.4
9,898
6,641 1,699
56 1,004
9,400
499
555
305
194
197
(20)
(23)
54 35
(58)
(3)
(61)
*Operating Performance stands adjusted for Mark to Market arising from the shares of Quess Corp Ltd (in Employee Benefit Trust), gain of Rs.95 Mn for Q1 FY24 and loss Rs. 56 Mn for Q1 FY23.
y-o-y (%)
94.5
- 71.6
95.2
111.2 33.7
- 44.6
88.8
214.4
165.6
(1.0)
553.1
31.6
-
-
- -
-
-
-
22
Segmental Results – Q1 FY24 Consolidated
Particulars (Rs. mn)
Segment Revenue
(a) Financial Services
(b) Travel and Related Services
(c) Leisure Hospitality & Resorts business
(d) Digiphoto Imaging Services
Total
Segment Results (EBIT)
(a) Financial Services
(b) Travel and Related Services
(c) Leisure Hospitality & Resorts business
(d) Digiphoto Imaging Services
Total
Less : Interest and Finance expenses
Less : Common Expenditure
PBT before exceptional
Add: Exceptional Items
PBT
Q1 FY24
Q4 FY23
Q1 FY23
y-o-y (%)
916
14,689
1,153
2,232
18,990
428
504
381
110
1,423
258
156
1,008
1,008
651
9,510
847
2,125
13,132
196
10
173
51
430
232
260
(62)
-
(62)
479
6,750
1,025
1,507
9,762
112
(178)
324
106
364
197
170
(3)
(20)
(23)
91.0
117.6
12.5
48.1
94.5
283.8
-
17.5
3.4
291.3
31.5
(8.2)
-
-
-
23
Contact Us
For further information please contact
Debasis Nandy
President and Group CFO
Tel: +91 22 4242 7000
Urvashi Butani
General Manager- Investor Relations
Tel: +91 22 4242 7095
Email: Debasis.Nandy@thomascook.in
Email: Urvashi.Butani@thomascook.in
Corporate Identification No: L63040MH1978PLC020717
Investor e-mail id: sharedept@thomascook.in
Website : www.thomascook.in
Regd. Office: Thomas Cook India Ltd, Marathon Futurex, A Wing, 11Th & 13th Floor, N.M. Joshi Marg, Lower parel (E), Mumbai 400013
About Thomas Cook (India) Limited: Set up in 1881, Thomas Cook (India) Ltd. (TCIL) is the leading integrated travel and travel related financial services company in the country offering a broad spectrum of services that include Foreign Exchange, Corporate Travel, MICE, Leisure Travel, Insurance, Visa and Passport services and E-Business. It operates leading B2C and B2B brands including Thomas Cook, SOTC, TCI, SITA, Asian Trails, Allied T Pro, Australian Tours Management, Desert Adventures, Luxe Asia, Kuoni Hong Kong, Sterling Holiday Resorts Limited, TC Forex, Distant Frontiers, TC Tours, TC Visa, Travel Circle International Limited, Ithaka, Digiphoto Entertainment Imaging (DEI), Private Safaris East & South Africa.
24
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 disseminated, directly or indirectly, in any manner. Failure to comply with this directive may result in a violation of the applicable law in certain jurisdictions.
▪ This presentation does not constitute or form part of and should not be construed as, directly or indirectly, any offer or invitation or inducement to sell or issue, or any solicitation of any offer to purchase or subscribe for, any securities of the Company by any person in any jurisdiction, including in India, nor shall it or any part of it or the fact of its distribution form the basis of, or be relied on in connection with, any investment decision or any contract or commitment therefore
▪ This presentation contains statements that may constitute forward looking statements. These statements include descriptions regarding the intent, belief or current expectations of the Company or its directors and officers with respect to the results of operations and financial condition of the Company. These statements can be recognized by the use of words such as ''expects", "plans", 'will", "estimates", "projects", or other words of similar meaning. Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and actual results may differ materially from those in such forward-looking statements as a result of various factors and assumptions which the Company believes to be reasonable in light of its operating experience in recent years. The risks and uncertainties relating to these statements include, but not limited to, risks and uncertainties, regarding fluctuations in earnings, our ability to manage growth, competition, our ability to manage our international operations, government policies, regulations, etc. The Company does not undertake any obligation to revise or update any forward looking statement that may be made from time to time by or on behalf of the Company including to reflect actual results, changes in assumptions or changes in factors affecting these statements. Given these risks, uncertainties and other factors, viewers of this presentation are cautioned not to place undue reliance on these forward looking statements. This presentation may contain certain currency exchange rates and the same have been provided only for the convenience of readers. No representation is made that the Rupee amounts actually represent such USD amounts or could have been, or could be, converted into USD at the indicated rates
▪ This presentation is not a complete description of the Company and may not be all inclusive and may not contain all of the information that you may consider material. The information contained in this presentation has not been independently verified. No representation, warranty, guarantee or undertaking, express or implied, is or will be made as to, and no reliance should be placed on, the accuracy, completeness, correctness or fairness of the information, estimates, projections and opinions contained in this presentation. Viewers of this presentation must make their own assessment of the relevance, accuracy and adequacy of the information contained in this presentation and must make such independent investigation as they may consider necessary or appropriate for such purpose. Such information and opinions are in all events not current after the date of this presentation. Further, past performance is not necessarily indicative of future results. Any opinions expressed in this presentation or the contents of this presentation are subject to change without notice. This presentation should not be construed as legal, tax, accounting, investment or other advice
▪ Any person placing reliance on the information contained in this presentation or any other communication by the Company does so at his or her own risk and none of the Company nor any of its affiliates, advisers or representatives, any placement agent, promoters or any other persons that may participate in any offering of any securities of the Company shall have any responsibility or liability whatsoever, whether arising in tort, contract or otherwise, for any errors, omissions, insufficiencies or inaccuracies in such information or opinions or for any loss, cost or damage suffered or incurred howsoever arising, directly or indirectly, from any use of this presentation or its contents or otherwise in connection with this presentation
▪ This presentation has not been and will not be registered as a prospectus with any Registrar of Companies in India. This presentation is not a prospectus, a statement in lieu of a prospectus, an offering circular, an advertisement, a private placement offer letter or an offer document under the Companies Act, 2013 and the rules made thereunder, the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, as amended, or any other applicable law
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