Adani Enterprises Limited · NSE:ADANIENT
Adani Enterprises — Q3 FY2023 Earnings Presentation
39 slides from Adani Enterprises's earnings presentation
Slide 1: Adani Enterprises Ltd Q3 FY23 Earnings Presentation
Adani Enterprises Ltd Q3 FY23 Earnings Presentation
Slide 2: AEL: Consolidated Financial Highlights – 9M FY23 at a glance
AEL: Consolidated Financial Highlights [YoY] 9M FY23 at glance Total Income EBITDA PAT* 1,06,459 cr 6,068 cr 1,750 cr 135% Growth 90% Growth 271% Growth 96,600 cr 9,859 cr 3,807 cr 2,261 cr 2,178 cr (428) cr 127% 267% 43% 338% 42% against Growth Growth Growth Growth Growth (1066) cr Established Incu
Slide 3: Index
Index Particulars Page No Group Profile 4-7 Company Profile 8-11 Performance Highlights 12-13 Updates on Incubating Businesses 14-17 Updates on Established Businesses 18-20 Financial Highlights 21-24 ESG Highlights 25-29 Appendix - 3
Slide 4: Group Profile
Group Profile
Slide 5: Adani: A World Class Infrastructure & Utility Portfolio
Adani: A World Class Infrastructure & Utility Portfolio Flagship Infrastructure & Utility Core Portfolio Primary Industry Emerging B2C1 Materials, Metal & Incubator Energy & Utility Transport & Logistics Direct to consumer Mining (72.6%) (60.8%) (74.2%) (65.1%) (100%) (63.2%) AGEL ATL APSEZ AEL NQXT
Slide 6: Adani Portfolio: Decades long track record of industry best growth
Adani Portfolio: Decades long track record of industry best growth with national footprint Secular growth with world leading efficiency National footprint with deep coverage Growth 3x Growth 5x Core Portfolio EBITDA 70% 1,2 EBITDA 92% 1,4 Utility 92% # Transport 85% # Consumers ~400 mn Served AEL Gr
Slide 7: Adani Portfolio: Repeatable, robust & proven transformative model of investment
Adani Portfolio: Repeatable, robust & proven transformative model of investment Phase Development Operations Post Operations Origination Site Development Construction Operation Capital Mgmt Activity • Analysis & market • Site acquisition • Engineering & design • Life cycle O&M • Redesigning the capi
Slide 8: Company Profile
Company Profile
Slide 9: AEL: A Successful Incubator
AEL : A Successful Incubator Attractive Incubation Record New Segment Identification Green Hydrogen Ecosystem Attractive incubation portfolio with Identification & entry into new Development of manufacturing eco- each business positioned as next segments in line with the group’s systems (including i
Slide 10: AEL: Incubation Success Stories
AEL : Incubation Success Stories AEL has a demonstrated track record of creating high quality, high cashflow and high growth sustainable infrastructure businesses since 1994 EBIDTA Company Overview (CAGR )2 − Ranked as ‘Largest Solar Power Developer in the World’ by Mercom Capital in August 2020 − I
Slide 11: AEL: Current Incubation Portfolio
AEL : Current Incubation Portfolio AEL Portfolio Energy & Transport & Consumer Primary Utility Logistics businesses Industry New Industries (End to end Airports Food FMCG1 Mining Industrials Green H2 chain) Mining Data Center Roads Digital PVC Services & IRM Commercial Copper, Water Aluminum Mining
Slide 12: AEL – Performance Highlights
AEL – Performance Highlights
Slide 13: Summary on Operational and Financial Highlights - 9M & Q3 FY23
[Consolidated] AEL : Summary on Operational and Financial Highlights - 9M & Q3 FY23 [YoY] Operations Finance Others ANIL Ecosystem 9M FY23 9M FY23 • Nacelle Facility operational and • ANIL Ecosystem solar modules volume up • Total Income up by 135% to Rs. commercial assemblies shall start from by 12
Slide 14: AEL – Updates on Incubating Businesses
AEL – Updates on Incubating Businesses Transport & Logistics – Adani Airports Holdings Ltd (AAHL - Airports) Adani Road Transport Ltd (ARTL - Roads) Energy & Utility – AdaniConnex Pvt Ltd (ACX - Data Center)
Slide 15: Transport & Logistics – AAHL (Airports)
AEL : Transport & Logistics – AAHL (Airports) [Q3 FY23] [YoY] Portfolio of 8 Airports - Serving ~ 23% of total passenger base Operational Updates Pax movements (in Mn) ATMs (‘000) 142.0 20.3 117.5 Jaipur 14.5 Lucknow 5.0 Mn Guwahati 5.4 Mn 5.4 Mn Ahmedabad Q3 FY22 Q3 FY23 Q3 FY22 Q3 FY23 11.4 Mn Mum
Slide 16: Transport & Logistics – ARTL (Roads)
AEL : Transport & Logistics – ARTL (Roads) [Q3 FY23] Portfolio of 14 projects Model No. of Projects with construction / maintenance of roads of 5000+ Lane Kms Operational HAM 3 Projects Operational TOT 1 Construction in progress Project Completion Status 39% 37% BHRPL 33% 34% 31% 151.700 kms UPRPL H
Slide 17: Energy & Utility – ACX (Data Center)
AEL : Energy & Utility – ACX (Data Center) [Q3 FY23] Empowering Digital India with a Platform of Hyperscale to Hyperlocal Data Center Solutions with Strong Partnership Site Progress Updates Data Center Updates • Chennai project overall completion for 33 MW – 41% Chennai ( 17 MW Operational ) • 23% o
Slide 18: AEL – Updates on Established Businesses
AEL – Updates on Established Businesses Energy & Utility – Adani New Industries Ltd (ANIL) Supply Chain Ecosystem Primary Industries – Mining Services & IRM
Slide 19: Adani New Industries Supply Chain Ecosystem
AEL : Energy & Utility – Adani New Industries Ltd (ANIL) Supply Chain Ecosystem Business Updates Solar New 2.0 GW Capacity Plant Sales Volume MW • Module line COD is July-22 896 801 SOLAR • Cell line and comprehensive project expected COD by March 2023 263 430 267 206 Solar Existing 1.5 GW Capacity
Slide 20: Primary Industries: Mining Services & IRM
AEL : Primary Industries Mining Services & IRM Mining Services IRM Volume (MMT) Mining Services Production (MMT) Integrated Resource • Awarded Pelma Mine with capacity of Management (IRM) 67.7 15 MMT in the state of Chhattisgarh 19.6 19.1 • IRM business continues to • Total mining portfolio of 11 mi
Slide 21: AEL - Financial Highlights
AEL - Financial Highlights
Slide 22: Consolidated Financials – 9M FY23 and Q3 FY23
AEL : Consolidated Financials – 9M FY23 and Q3 FY23 [Rs cr] Revenue EBIDTA PAT* 9M 23–106459 90% 9M 23 – 6068 271% 9M 23 – 1750 135% 9M 22–45291 9M 22 – 3187 9M 22 – 472 3807 2178 9M vs 9M 96600 1538 2671 2261 42608 9859 516 2683 9MFY22 9MFY23 -428 9MFY22 9MFY23 9MFY22 9MFY23 -1066 Established Busin
Slide 23: Segment-wise Financials – 9M FY23
AEL : Segment-wise Financials – 9M FY23 [Rs cr] Established Businesses Incubating Business Adani New Industries Primary Industries Primary Industries Transport & Logistics Supply Chain Ecosystem Mining services IRM Airports# 2659 4332 1680 80022 1535 1867 Revenue 31249 1681 9MFY22 9MFY23 9MFY22 9MFY
Slide 24: Segment-wise Financials – Q3 FY23
AEL : Segment-wise Financials – Q3 FY23 [Rs cr] Established Businesses Incubating Business Adani New Industries Primary Industries Primary Industries Transport & Logistics Supply Chain Ecosystem Mining services IRM Airports 17694 1759 1432 592 12841 Revenue 438 919 627 Q3FY22 Q3FY23 Q3FY22 Q3FY23 Q3
Slide 25: ESG Highlights
ESG Highlights
Slide 26: ESG Performance Highlights
AEL : ESG Performance Highlights Resource Management Employee Engagement Awards • 12% Reduction in water • Launched an “Emotional • Adani Solar has won ‘Golden intensity as compared to last Wellness Programme” under Peacock Eco-Innovation year the umbrella of Adani Cares, Award’ for the year 2022 fo
Slide 27: ESG Performance Highlights – DJSI and CDP
AEL : ESG Performance Highlights ESG Rating in DJSI (S&P Global) CDP Ranked 7th in its peer group in the world for 2022 Adani Enterprises received a ‘B’ which is in the Management band. AEL scored 51/100 against the industry average score in the peer AEL embarked its maiden CDP disclosure for FY 202
Slide 28: ESG performance 9M FY23: Adani New Industries Supply Chain Ecosystem
AEL : ESG performance 9M FY23 Adani New Industries Supply Chain Ecosystem Natural Resource Conservation ◼ Rooftop Solar plants helped to substitute ~ 4 % of Power requirement ◼ Specific Energy consumption is higher due to low production in Q3 ◼ Specific DI water consumption is negligible due to no c
Slide 29: ESG performance 9M FY23: Primary Industries (Mining Services)
AEL : ESG performance 9M FY23 Primary Industries (Mining Services) AEL won the HSE Excellence Award in Mining at India HSE Summit & Award-2022 6% ↓* 21% ↓* 30% ↓* Energy Intensity Emission Intensity Water Intensity 99% Cml. – 10.29 Lakhs Cml. – 383 ha Waste Managed through 5R 9M FY23 – 2.18 Lakhs 9M
Slide 30: Appendix
Appendix
Slide 31: Transport & Logistics – AAHL (Airports) Operational Details
AEL : Transport & Logistics – AAHL (Airports) [Q3 FY23] Operational Details Passengers (In Mn) ATM (In ‘000) Cargo (In Lacs MT) Airports Q3FY23 Q3FY22 Q3FY23 Q3FY22 Q3FY23 Q3FY22 Ahmedabad 2.9 2.1 23.0 19.9 0.1 0.1 Lucknow 1.5 1.2 11.0 9.3 0.0 0.1 Mangaluru 0.5 0.4 4.0 3.2 0.0 0.0 Mumbai 11.9 8.1 75
Slide 32: Transport & Logistics – ARTL (Roads) & (Water)
AEL : Transport & Logistics – ARTL (Roads) & (Water) [Q3 FY23] Project Length/ CA signed Concession Period (in Type Project Name State Project Completion Status Model Capacity with Years) (Const. + O&M) Bilaspur Pathrapali 53.3 Kms Chhattisgarh 2 + 15 Provisional COD Received Suryapet Khammam HAM 58
Slide 33: Primary Industries - Mining services: Quantitative Details
AEL : Primary Industries - Mining services Quantitative Details (in MMT) Mine 9M FY23 9M FY22 Q3 FY23 Q3 FY22 ROM Dispatch ROM Dispatch ROM Dispatch ROM Dispatch Parsa Kente 7.3 5.6 10.7 8.9 1.7 1.3 4.5 3.4 GP III 2.6 2.4 2.0 2.3 0.8 0.8 0.9 1.0 Talabira II and III 7.5 7.5 4.1 4.1 2.6 2.6 2.2 2.2 Ku
Slide 34: Primary Industries - Mining services
AEL : Primary Industries - Mining services [Q3 FY23] Type of Project Mine Capacity State Customer (Owner) Project Status Parsa East Kente Basen 15.0 MMT Chhattisgarh RRVUNL Gare Pelma III 5.0 MMT Chhattisgarh CSPGCL Operational Talabira II & III 20.0 MMT Odisha NLCIL Suliyari 5.0 MMT Madhya Pradesh
Slide 35: Appendix: ESG Framework
Appendix : ESG Framework
Slide 36: Environment Philosophy
AEL : Environment Philosophy Offsetting Carbon Emission Conservation of Resource Waste Management • Recycling waste through land- Climate • Carbon sequestration by • Reducing water footprint filing • Land use and cover management Awareness afforestation • Energy Management • Circular Economy • Impro
Slide 37: Social Philosophy – aligned to UNSDG 2030 goals
AEL : Social Philosophy – aligned to UNSDG 2030 goals Our Key Social Initiatives mapped to UNSDG United Nations Women’s Multiple • Own schools, digitalization and up gradation of Sustainable Development Goals 2030 Govt. school to provide cost free education to the Education Locations 1. No Poverty n
Slide 38: AEL: Governance Philosophy
AEL: Governance Philosophy Policies Committees Assurance • ESG Policy • Climate Change • Energy Mmanagement • Corporate Responsibility Committee* • Water Stewardship • Risk Management Committee# Corporate • Resource Conservation Responsibility • Biodiversity Committee (CRC) • Corporate Social Respon
Slide 39: Disclaimer
Disclaimer Certain statements made in this presentation may not be based on historical information or facts and may be “forward-looking statements,” including those relating to general business plans and strategy of Adani Enterprises Limited (“AEL”), the future outlook and growth prospects, and futu