Transport Corporation Of India Limited · NSE:TCI
Transport Corporation Of India — 9M FY2018-19 Earnings Presentation
24 slides from Transport Corporation Of India's earnings presentation, Feb 18, 2019
Slide 1: Intimation to stock exchanges under Regulation 30
~ YEARS P o -• Tel lH on, 'N L O G IS T IC < 18" February, 2019 SSE lim ited National Siock E.change of India lim ited L is tin g D e p 'H lm e n ! Usling Departm ent Phiro,e Jeejeebhoy Towers Exchange PI.,a, Block G, Bandr. Kurla Com ple., Dalal Street. M um bai. 400001 B a n d r. (E ) M u m b a i
Slide 2: Earnings Presentation FY 2018-19 (9M)
Earnings Presentation FY 2018-19 (9M)
Slide 3: Group Overview
Group Overview SBU’s and Services TCI’s Joint Venture/Subsidiaries Other Group Companies JV with CONCOR FTL/FCL, LTL & (49%) to provide end Over-dimensional to end multi modal cargo services solutions. through Road, Rail Demerged in 2016 , undertakes time sensitive and high value & Sea. express serv
Slide 4: Group Information
Group Information 1958 $600 Mn 2.5% Year of Establishment Group Revenue Moving India’s GDP 6,000+ 1,400+ 12,000 Employee Strength IT Enabled Own Offices Trucks in Operations 3
Slide 5: Domestic Logistics Market Size
Domestic Logistics Market Size # Entry Barrier Low High High High High Industry Structure Fragmented Organized Organized Organized Organized Estimated Market Size ( Bn USD) 100 10 16 6 1 Estimated CAGR 10% 10% 12% 18% 10% EBDITA Margins % 2-4% 8-11% 16-18% 5-15% 25-35% RoCE % 10-12% 15-
Slide 6: Board of Directors
Board of Directors Name Designation Mr. S M Datta (1) Chairman (Non-executive independent director) Mr. D P Agarwal (2) Vice Chairman & Managing Director Mr. Vineet Agarwal Managing Director Mr. S N Agarwal Non-executive director Mr. O S Reddy (1) Non-executive independent director Mr. K S Mehta Non
Slide 7: Corporate Governance
Corporate Governance Corporate Social Responsibility TCI would be taking CSR initiatives through TCI Foundation, TCI Institute of Logistics & TCI Charities under below activities: TCI Policies The company considers its employee as the most important and valuable asset and is committed to provide con
Slide 8: Logistics Key Growth Driver
Logistics Key Growth Driver • Stable growth in GDP Economic Growth • Per capita disposable income rising • Urbanization: Emergence of demand centers • Brings transparency Regulatory Reforms • Level playing field for organized players • Consolidation and cost optimization • More public spending viz.
Slide 9: FY2018-19-9M Standalone Highlights
FY2018-19-9M Standalone Highlights Figures in Mn. FY19-9M FY18-9M FY17-9M 18,887 839 15,878 FY19-9M 13,340 711 FY18-9M 518 FY17-9M 19% 18% Revenue Growth PAT Growth 250, 1% 2309, 12% 2368, 18% FRT FRT 3545, 28% SCS SCS 8825, 47% Seaways Seaways 3350, 26% Others 7503, 40% Others 3554, 28% Business Mi
Slide 10: Division-wise Stand-alone Financial Performance
Division-wise Stand-alone Financial Performance Figures in Mn. Total Total Total # Corp.& Others (2018-19)(9M) (2017-18) (2017-18)(9M) Revenue 8825.1 7502.6 2309.4 250.3 18887.4 15877.7 22022.7 % Growth 20.8% 12.4% 36.0% NA 19.0% 19.0% 20.9% EBIDTA 314.2 769.5 660.2 150.1 1894.0 1638.2 2328.1 % of 3
Slide 11: Key USP's of the Company
Key USP’s of the Company Auto supply Multimodal chain Integration designing capabilities and solutions Technology Large-scale driven warehousing operations 10
Slide 12: Multimodal Transportation
Multimodal Efficient use of various Transportation transportation-mode for seamless movement ICD Khatuwas/Dadri Mundra Port Vendors/Supp liers Movement by Road Movement by Rail New rate for multimodal Movement by @12% announced to Sea encourage and bring clarity Factory/ Kochi Port Delivery 11
Slide 13: Auto Supply Chain designing and solutions
Auto Supply Chain designing and solutions •Supplier to Inbound Plant In-plant •Line Feeding Outbound • 3PL Services Warehousing Logistics •Domestic and Services •Kitting Logistics •4 P Services • After Market Global Bonded Warehousing Spare parts distribution Line Feeding Road Transport Center Yard
Slide 14: Large-scale Modern Warehousing
Large-scale Modern Warehousing Auto Retail & CP Hi-tech Chemicals Healthcare Cold Chain TCI covers 12 million sq feet of warehousing space – Warehousing Cross dock operations owned/ long leased/ customer owned TCI Warehousing operations Infrastructure of Racking , Pigeon Holes, Cage Bins , Mezzanine
Slide 15: Forefront in Automation & Technology
Forefront in Automation & Technology 14
Slide 16: TCI Freight Division
TCI Freight Division Key Operational Highlights 3,500 (120) • Registered 20.6% Q-t-Q and 20.7% 9M-t-9M Trucks & Trailers in operation (owned) growth because of increase in, both volume and price. 700 • Growth in SME/MSME customers IT Enabled Owned Offices • EBIT margins stood at 2.8% and grew by 21.
Slide 17: TCI Supply Chain Division
TCI Supply Chain Division Key Operational Highlights 12 Mn. Sqft. • Revenue grew by 10.0% on Q-t-Q and Warehousing Area Managed 12.4% on 9M-t-9M basis. • EBIT margins stood at 6.7% and grew by 21.1% . 4,000 (1350) • ROCE has been stable at 22.0% with better Fleet in operations (Owned) working
Slide 18: TCI Seaways Division
TCI Seaways Division Key Operational Highlights • Revenue grew by 50.5% on Q-t-Q and 6 36.0% 9M-t-9M basis. Business has some Cargo Ships impact of Karla flood crises. • Rapid increase in fuel price , lower volumes 5,600 and deployment of new ship in Q2 lead to some impact on margins Own Contain
Slide 19: TCI's Joint Ventures
TCI’s Joint Ventures 9M FY19 (FY18 Annual) Figures in Mn Revenue 1436 (1279) 3990(3420) Y-o-Y Growth 12% (34%) 17% (21%) Capital Employed 253 (226) 1978 (1771) Operates on asset-light model Lead Logistics Partner (LSP) for Toyota India Key Operational Building upon its capabilities in Chemical
Slide 20: Financial Performance
Financial Performance Top ratings AA- ( CRISIL –Bankline Credit) , A1+ ( ICRA-Commercial Paper), good financial discipline and high creditworthiness, TCI’s average interest cost is below 8.5% Debt – Equity Ratio Earnings per Share (in Rs) 1.20 1.00 0.93 1.00 0.85 13.55 14.61 0.80 0.69 0.68 10.50 11.
Slide 21: Financial Results
Financial Results Figures in Mn. Income Statement Balance Sheet 2017-18 2018-19 2017-18 2018-19 Particulars (Rs in Cr.) 2017-18 Particulars (Rs in Cr.) 2017-18 (9M) (9M) (9M) (9M) 1. Non current Assets Freight 19791.2 14231.6 16995.8 Property, plant and equipment 6230.1 6167.6 7260.9 Other Sales & S
Slide 22: Market Summary
Market Summary Shareholding Pattern as on 31st Market Cap Rs Mn. 22462.0 December 2018 Debt Rs Mn. 4751.5 Enterprise Value Rs Mn. 27145.1 2% 8% 1% PROMOTORS 6% INDIAN PUBLIC P/E Nos 20.0 16% FOREIGN HOLDINGS EV/EBITDA (Annualized) Nos 10.7 67% 52 Week High Rs/share 364.8 BODY CORPORATE 52 Week Low R
Slide 23: Capital Expenditure Plan FY19
Capital Expenditure Plan FY19 Total Actual 2017-18 2018-19 2018-19 (9M) (FY 2006-07 to Actual Proposed Actual Rs. In Mn. 2016-17) Hub Centers & Small 3573.0 316.2 600.0 352.8 warehouses Ships & Containers 2209.2 587.1 777.0 503.6 Trucks 3318.3 378.3 862.0 481.5 Others (W/H Equip., IT 1051.2 52.0 261
Slide 24: Thank You
THANK YOU Cautionary Statement Statements in this “Presentation” describing the Company’s objectives, estimates, expectations or predictions may be “forward looking statements” within the meaning of applicable securities laws and regulations. Actual results could differ materially from those express
Transport Corporation of India — 9M FY2018-19 Earnings Presentation on 6ix