Thomas Cook India : TCIL Q4 FY 23 Investor Presentation

May 19, 2023
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: Analysts and Investors Earning Conference Call Presentation

In furtherance of our intimation dated May 12, 2023 giving intimation on the "Q4 & FY23 earnings conference call for the analysts and investors, scheduled on Friday, 19th May, 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 JYOTINDRA PAREKH

Amit J. Parekh

Digitally signed by

AMIT JYOTINDRA PAREKH

Date: 2023.05.19 14:13:45 +05'30'

Company Secretary and Compliance Officer

Encl.: a/a

Thomas Cook (India) Limited delivers Record Operating Profits for FY23

Highlights for FY23

• The Group's Operating EBITDA grew significantly to Rs. 2.7 Bn for FY23 against a loss of Rs. 1.2 Bn in FY22. Growth driven by
  Foreign Exchange & Travel Businesses (Thomas Cook); Hospitality (Sterling Holidays)
• Consolidated Total Income from Operations grew YoY by 163% in FY23 to Rs. 51 Bn
• Sterling Holidays registered Highest EBITDA & PBT since inception: EBITDA at Rs 1.1 Bn for FY23; PBT at Rs. 659 Mn Vs Rs. 436 Mn in FY22
• Focus on Cost Optimization saw annualized savings of Rs.3.71 Bn for FY23, representing a 20% reduction in costs Vs FY20 (Pre Pandemic). The Group maintains a strong financial position, with Cash & Bank balances of Rs. 10.1 Bn as of March 31, 2023

Highlights for Q4 FY23

• The Group's Operating EBITDA at Rs. 518 Mn Vs Rs. 239 Mn in
  FY22
• Standalone Operating EBITDA for TCIL at Rs. 205 Mn Vs Rs. 28 Mn for Q4 FY22
• For Q4 FY23 Consolidated Total Income from Operations grew by 150% YoY to Rs. 13.2 Bn

FY23 Total Income from Operations

Rs 51,112 mn

+162.6% YoY

Operating EBITDA

Rs 2,767 mn

Vs Rs (1,257) mn in FY22

Operating PBT*

Rs 635 mn

Vs Rs (3,159) mn in FY22

(Rs mn)	Significant growth in Income from Operations across all Business segments in FY23
Travel & Related Services	Forex	Leisure Hospitality & Resorts (Sterling Holidays)	Digital Imaging Solutions (DEI)

36,432		3,684
2,464	7,897
		2,708
		4,601

1,104

9,510

10,470

651

722

847

2,125

380

1,409

2,708

Q4 FY22

Q4 FY23

FY 22

FY 23

Q4 FY22

Q4 FY23

FY 22

FY 23

Q4 FY22

Q4 FY23

FY 22

FY 23

Q4 FY22

Q4 FY23

FY 22

FY 23

248% YoY growth in FY23 and 251% YoY	123% YoY growth in FY23 and 71% YoY	36% YoY growth in FY23 and 17% YoY	72% YoY growth in FY23 and 51% YoY
growth in Q4FY23	growth in Q4FY23	growth in Q4FY23	growth in Q4FY23

* The company's performance as reported in the SEBI results format will differ as the underlying Operating Performance has been calculated after adjusting for the impact of Rs.353 Mn for FY23 and Rs. 40 Mn for FY22. as a

result of the Mark to Market, non-cash,non-operational loss arising from the shares in Quess Corp Limited, held by its Employee Benefit Trust.

# Calculated on the basis of Operational PBT

Group's Operating Performance surpassed FY20 Levels in FY23

Particulars

Operating EBITDA

EBITDA %

Operating PBT

	Consolidated (YTD)
						Particulars
FY23		FY22		FY20
277	-126		251		Operating EBITDA
5.4%	-6.5%		3.6%		EBITDA %
64	(316)		(0)		Operating PBT

Standalone (YTD)

FY23	FY22	FY20
119	-71	104
7.9%	-20.3%	4.8%
56	(114)	33

Particulars

Operating EBITDA

Consolidated (QTD)

Q4FY23	Q4FY22	Q4FY20
52	24	21

Particulars

Operating EBITDA

Standalone (QTD)

Q4FY23	Q4FY22	Q4FY20
21	3	-3

EBITDA %	3.8%	4.4%	1.9%	EBITDA %	4.8%	2.8%	-1.4%
Operating PBT	(1)	(24)	(43)	Operating PBT	3	(9)	(21)

Consolidated Cash Balance

1,010

640

1,117

Standalone Cash Balance

579

411

730

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Thomas Cook (India) Limited (TCIL)

Q4 & FY23 Earnings Presentation

Thomas Cook (India) Limited (TCIL)

BSE: 500413 | NSE: THOMASCOOK

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	(Domestic & Outbound)
			B2B:
			MICE, Corporate Travel,
			Destination Management
			Services - DMS
			(India + International)

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