May 15, 2024 | |
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 Code: 500413 | Scrip Code: THOMASCOOK |
Fax No.: 2272 2037/39/41/61 | Fax No.: 2659 8237/38 |
Dear Sir/ Madam, |
Sub: Analyst and Investor Earnings Conference Call Presentation
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and in continuation to our intimation dated May 7, 2024, please find enclosed a copy of Investor Presentation on financial and business performance of the Company for the quarter and year ended March 31, 2024.
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
Thomas Cook India Group records highest ever profits in FY24
Q4FY24 | Total Income from Operations |
EBITDA
PBT
Rs 16,926 mn | Rs 1,200 mn | Rs 607 mn | ||
28% YoY | 156% YoY | Vs loss of (62) mn in FY23 | ||
(Rs mn) | ||||
FY24 | Total Income from Operations | Operating EBITDA* | Operating PBT* | |
Rs 74,357 mn | Rs 5,718 mn | Rs 3,449 mn | ||
45.0% YoY | 137% YoY | 13x YoY |
Recommends dividend of Re. 0.60 per Re. 1 share - inclusive of a special dividend of Re. 0.20 per share
EPS grows from Re. 0.10 to Rs. 5.57 for FY24
Significant growth in Income from Operations across all Business segments
Forex |
Travel & Related Services
Leisure Hospitality & Resorts (Sterling Holidays) | Digital Imaging Solutions |
23% | ||||||
3,023 | ||||||
2,464 | ||||||
FY23 | FY24 |
54% | |
56,187 | |
36,432 | |
FY23 | FY24 |
24% | |
4,557 | |
3,684 | |
FY23 | FY24 |
17% | |
9,227 | |
7,897 | |
FY23 | FY24 |
Thomas Cook (India) Limited (TCIL)
Q4 & FY24 Earnings Presentation
May 15, 2024
Thomas Cook (India) Limited (TCIL) BSE: 500413 | NSE: THOMASCOOK
Group's Strong Financial Position
Consolidated | ||||
Particulars (Rs mn) | ||||
Q4FY24 | Q4FY23 | FY24 | FY23 | |
EBITDA | 1,200 | 469 | 5,718 | 2,414 |
EBITDA % | 7.1% | 3.5% | 7.7% | 4.7% |
PBT | 607 | (62) | 3,449 | 262 |
PBT % | 3.6% | - | 4.6% | 0.5% |
Standalone | ||||
Particulars (Rs mn) | ||||
Q4FY24 | Q4FY23 | FY24 | FY23 | |
(Rs Bn)
Cash & Bank Balance
15.2
10.1
6.4
March 2022 | March 2023 | March 2024 |
Gross Debt and Equity
EBITDA | 430 | 155 | 2,154 | 832 |
EBITDA % | 13.1% | 3.9% | 10.1% | 5.6% |
16.55
20.32
16.7517.89
PBT | 265 | (0.3) | 1,521 | 187 |
PBT % | 8.1% | - | 7.1% | 1.3% |
4.55 | 3.42 | 2.80 | 2.20 | ||||
March 2022 | March 2023 | Sep 2023 | March 2024 | ||||
Gross Debt | Equity | ||||||
3
Thomas Cook India Group at a glance
Foreign Exchange & | Digital Imaging | Travel & Related | Leisure Hospitality | |
Related Services | ||||
Solutions | Services | & Resorts | ||
Retail & Wholesale | Digiphoto | B2C: | Sterling Holiday | |
| Forex Cards | Entertainment | Leisure Holidays | Resorts Limited |
Imaging Ltd. (DEI) | ||||
| Remittance | (Long haul & Short haul) | ||
B2B: | ||||
MICE, Corporate Travel, | ||||
Destination Management | ||||
Services - DMS | ||||
(India + International) |
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 63.83% 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
Executive Chairman's comments
Mr. Madhavan Menon,
Executive Chairman, Thomas Cook (India) Limited
""Thomas Cook India Group has delivered record profits for both the quarter and FY24. What makes this even more special is that every business and geography has contributed to the profitability. My appreciation and congratulations to all our teams, customers, partners and shareholders for making this possible. I am also glad to announce the dividend of Re. 0.60 per Re. 1 share that is inclusive of a special dividend of Re. 0.20 per share, to our valued shareholders.
Personally, I believe the Group's results reflect the buoyancy in the Indian and global travel services sector and therefore, our robust forward bookings, reflecting an 18% growth Vs. last year - is very encouraging!"
7
Update on Business operations : Foreign Exchange
Income from Operations (Rs mn) | EBITDA (Rs mn) | |||
Wholesale | ||||
EBIT (Rs mn)
- Banks and large financial institution
- Forex agents
Retail
- Prepaid cards
- FX for leisure
- FX for Corporates
- Airports
6%
688 | |
651 | |
Q4FY23 | Q4FY24 |
55%
318 | |
205 | |
Q4FY23 | Q4FY24 |
57%
308 | |
196 | |
Q4FY23 | Q4FY24 |
Remittance
- International Money Transfer
- Remittance To India
Key Highlights
23%
3,023 | |
2,464 | |
FY23 | FY24 |
68%
1,274 | |
758 | |
FY23 | FY24 |
71%
1,237 | |
724 | |
FY23 | FY24 |
- Growth in Turnover: 24% y-o-y for FY24; 6% y-o-y for Q4 FY24
- Retail growth: 19% for FY24; 18% YoY for Q4 FY24
- Holiday sales growth: 88% for FY24; 26% for Q4 FY24
- Overseas Education growth: 14% for FY24; 24% YoY for Q4 FY24
Prepaid card:
- Card loads: 35% for FY24; 21% YoY for Q4 FY24
- New prepaid card issuance up by 23% for FY24; 5% YoY for Q4 FY24
Network :
- Outlet opened in Bhuj, Gujarat
8
Update on Business operations : Foreign Exchange
- India's first eco-friendly prepaid forex corporate card, made entirely of recycled material
- EnterpriseFX Card is customised to meet the unique needs of the global business traveller and launched in partnership with Visa & Mastercard
- Customers across channels including Fx NOW app, WhatsApp channel, retail network, website, are eligible for participation between March 27 - June 30
- Best Price Guarantee and Price Match Offer for customers
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Disclaimer
Thomas Cook (India) Ltd. published this content on 15 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 May 2024 18:15:06 UTC.