Adani Green Energy Limited · NSE:ADANIGREEN
Adani Green Energy — Q1 FY22 Earnings Presentation
24 slides from Adani Green Energy's earnings presentation, 2021
Slide 1: Adani Green Energy Limited Earnings Presentation Q1 FY22
Adani Green Energy Limited Earnings Presentation Q1 F Y22 Consolidated Financials 1
Slide 2: Contents
CONTENTS 1 Adani Group 2 AGEL: Company Profile 3 AGEL: Operational & Financial Highlights 4 AGEL: ESG 5 AGEL: Investment Rationale Appendix: AGEL: Receivables Details
Slide 3: Adani Group
Adani Group Renewables
Slide 4: Adani Group: A world class infrastructure & utility portfolio
Adani Group : A world class infrastructure & utility portfolio Adani Transport & Logistics Energy & Utility • Marked shift from B2B to B2C Portfolio Portfolio businesses – • ATGL – Gas distribution 63.4% 100% 75% 57.5% network to serve key APSEZ ATL AGEL geographies across India NQXT2 Renewables Por
Slide 5: Adani Group: Decades long track record of industry best growth rates
Adani Group : Decades long track record of industry best growth rates across sectors Port Cargo Throughput (MMT) Renewable Capacity (GW) Transmission Network (ckm) CGD7 (GAs8 covered) 12% 45% 132% 20% 3x 5x 3x 30% 1.5x 4% 7% 25% Industry Adani APSEZ Industry Adani AGEL Industry ATL Industry AGL 2014
Slide 6: Adani Group: Repeatable, robust & proven transformative model of investment
Adani Group: Repeatable, robust & proven transformative model of investment Phase Development Operations Post Operations Origination Site Development Construction Operation Capital Mgmt Activity • Site acquisition • Engineering & design • Redesigning the capital • Analysis & market • Life cycle O&M
Slide 7: AGEL: Replicating Group's Simple yet Transformational Business Model
AGEL : Replicating Group's Simple yet Transformational Business Model Secure Sites & Connectivity Resource Assessment Construction Readiness Development 200,000 acres 85+ Wind Geotechnical studies Resource rich Sites in strategic locations with data locations and detailed design planning, ~31 GW pot
Slide 8: Adani Green Energy Limited Company Profile
Adani Green Energy Limited Company Profile Renewables 8
Slide 9: AGEL: Transformational Renewable Company
AGEL: Transformational Renewable Company Locked-in growth up to 24,294 MW 1 Renewable Capacity (in MW) Source-wise Capacity Breakup (in MW) 24,294 5,370 MW – Operational 2,740 Existing 647 1,701 Under acquisition 5,274 MW – Under execution 5,104 9,150 MW – Confirmed Pipeline 2 24,294 MW 5,370 MW Ope
Slide 10: AGEL: Large, Geographically Diversified 100% Contracted Portfolio
AGEL: Large, Geographically Diversified 100% Contracted Portfolio 24,294 MW Portfolio 1 | 5,370 MW Operational Average AGEL tariff below APPC 2 APPC @ 3.85/kWh 4 Operational Awarded & Under Implementation Wind Solar Solar-Wind Hybrid 3.02 2.0 2.4 2.5 3.2 2.2 2.3 2.7 130 395 Apr'17 Dec'17 Jan'18 Aug'
Slide 11: Operational & Financial Highlights
Operational & Financial Highlights Q1 FY22 Renewables 11
Slide 12: Key Highlights – Q1 FY22
AGEL: Key Highlights – Q1 FY22 Capacity Addition Operational Performance ✓ Renewable projects of 200 MW commissioned in Q1 FY22 under ✓ Sale of Energy of 2,054 Mn units, up by 48% YoY existing portfolio ✓ AGEL in the process of acquiring SB Energy’s 5 GW India ✓ Solar portfolio CUF up by 20 bps YoY
Slide 13: Operational Performance – Q1 FY22
AGEL: Operational Performance – Q1 FY22 Solar Portfolio Performance Wind Portfolio Performance 30% 2000 30% 1650 404 400 20% 1186 20% 300 1000 199 24.8% 25.0% 200 10% 10% 38.5% 36.9% 100 0% 0 0% 0 Q1 FY21 Q1 FY22 Q1 FY21 Q1 FY22 CUF (AC) Sale of Energy (mn units) CUF (AC) Sale of Energy (mn units) •
Slide 14: Financial Performance – Q1 FY22
AGEL: Financial Performance – Q1 FY22 (All figures in INR Crore) Total Income & Total EBITDA 1 Revenue & EBITDA (Power Supply) 2 +23% 1079 +39% 848 789 878 892 680 +31% 609 560 +41% ▪ Consistent growth in Revenue from Power Supply is backed by robust growth in capacities and improved Solar and Wind
Slide 15: Bridge of EBITDA from Power Supply – Q1 FY21 to Q1 FY22
AGEL: Bridge of EBITDA from Power Supply – Q1 FY21 to Q1 FY22 (All figures in INR Crore) EBITDA up by 41% YoY on back of improved revenue and minor O&M cost increase despite increased capacity 15
Slide 16: ESG
Renewables Adani Green Energy Limited ESG
Slide 17: AGEL: Robust ESG Framework
AGEL : Robust ESG Framework Our Commitment ▪ To be in Top 10 companies of the world in ESG benchmarking of electric utility sector Guiding ▪ To become Zero-Waste-to-Landfill (ZWL) company Policies principle ▪ To become Single-use-Plastic-Free (SuPF) company ▪ Committed to Health and Safety of workfo
Slide 18: ESG performance Update – Q1 FY22
AGEL: ESG performance Update – Q1 FY22 Pollution control & GHG emission reduction Bio-diversity conservation ✓ AGEL became a signatory to “The GRI South Asia Charter on Sustainability Imperatives” develop targets and action plans to ✓ 100% of the operations covered under commitment by make contribut
Slide 19: Investment Rationale - AGEL
Investment Rationale - AGEL Renewables 19
Slide 20: A Compelling Investment Case
AGEL: A Compelling Investment Case Project Development Excellence O&M Excellence ✓ De-risked project pipeline through Advance resource estimation, Analytics driven O&M through Energy Network Operation Center design & supply chain planning (ENOC) enables real time centralized monitoring of solar & wi
Slide 21: Appendix: AGEL: Receivables Details
Appendix 21 AGEL: Receivables Details
Slide 22: Receivables Ageing Profile
AGEL: Receivables Ageing Profile (in INR Cr) Not Due Due 30-Jun-21 30-Jun-21 Off Takers 0-60 days 61-90 days 91-120 days 121-180 days >180 days Total Due TANGEDCO 169 125 45 42 98 342 652 NTPC 68 - - - - - - SECI 93 - - - - - - KREDL 73 13 14 3 8 11 49 TSSPDCL 20 27 13 9 19 16 84 Others 150 6 1 1 1
Slide 23: 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 Green Energy Limited (“AGEL”),the future outlook and growth prospects, and fut
Slide 24: Thank You
Renewables 24 Thank You