Maximising Long-Term Value and Strategic Growth slide image

Maximising Long-Term Value and Strategic Growth

Our shareholders Maximising long-term intrinsic value The sustained trust and confidence of our shareholders enable us to remain focused on achieving our strategic objectives and maximising long-term returns. Drive capital efficiency → Improve margin profile Shareholding pattern as of 30 September 2020 22 • Recalibrate investments • Co-create with partners ⚫ Inculcate strong discipline and governance around capital allocation and expenditure Invest for long-term growth Reshape portfolio • Invest in new services/ innovation to differentiate and accelerate growth • Improve operating efficiency and drive operating leverage Accelerate growth in high margin data segment and new services 0.9% 6.3% 17.8% Create strategic flexibility $ Generate free cash flow and deleverage balance sheet • Pursue opportunities to unlock intrinsic value Rationalise businesses with sub-par return ■TATA Sons profiles 26.1% 48.9% ■GOI ■Foreign Institutions ■Domestic Institutions ■Non-institutional TATA COMMUNICATIONS
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