Agarwal Industrial Corporation Limited · NSE:AGARIND
Agarwal Industrial — Q4 FY2024 Earnings Presentation
24 slides from Agarwal Industrial's earnings presentation, June 2024
Slide 1: Agarwal Industrial Corporation Limited
AGARWAL INDUSTRIAL CORPORATION LIMITED INDIA’S LARGEST PRIVATE SECTOR BITUMEN LOGISTIC COMPANY (Infrastructure Ancillary - Transport & Logistics) (NSE: AGARIND | BSE: 531921)
Slide 2: Safe Harbour
SAFE HARBOUR This presentation and the accompanying slides (the “Presentation”), which have been prepared by Agarwal Industrial Corporation Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscrib
Slide 3: Consistent Volume Growth
CONSISTENT 25+ YEARS OF 7 MANUFACTURING 7 SALES NETWORK 2000+ SATISFIED 5 COUNTRIES VOLUME GROWTH EXCELLENCE FACILITIES LOCATIONS CUSTOMERS SERVED YEAR ON YEAR 7 BULK STORAGE 650+ 20+ PRODUCTS 1000+ 3 KEY TERMINALS FLEET SIZE* IN PORTFOLIO TEAM SIZE* SUBSIDIARIES Fleet size count relates to entire A
Slide 4: Management Perspective
MANAGEMENT PERSPECTIVE We are happy to report that AICL has continued to demonstrate phenomenal results in the FY24 compared to FY23. We have reported a 15.80% % year-on-year (YoY) jump in Bitumen volume at 4.91 Lakh MT. Our EBIDTA has increased by 23.07 % at Rs 177.94 crore and we reported PAT of R
Slide 5: Financial Highlights
FINANCIAL HIGHLIGHTS CONSOLIDATED FY24 HIGHLIGHTS CONSOLIDATED Q4 FY24 HIGHLIGHTS • Annual Revenue: ₹2130.42 Crores, marking a • Revenue increased by 17.88 % from Rs. 660.18 Crs. 5.25% increase in FY24. to Rs. 778.20 Crs. • Annual EBITDA: ₹177.94 Crores, showcasing a • EBITDA increased by 43.31 % fr
Slide 6: Growth in Every Segment
GROWTH IN EVERY SEGMENT SEGMENT REVENUE (Rs. in Lakhs) Quarter Ended Year Ended PARTICULARS 31.03.2024 31.12.2023 31.03.2023 31.03.2024 31.03.2023 Ancillary Infra (Bitumen & Allied products) 65,028.45 39,093.17 57,480.09 1,73,460.11 1,70,490.53 Petrolium Vessels operating and Chartering 8,839.49 6,2
Slide 7: Robust Financial Snapshot
ROBUST FINANCIAL SNAPSHOT 7480.79 491000 1606.8 102049 5.13% 6812.83 48550 4.56% 424000 1565.13 6025.77 385000 1523.58 28650 4.48% 4043.36 1263.55 12150 320000 3.98% EBITDA (BITUMEN & VOLUME OF BITUMEN EBITDA PER MT TON (BITUMEN & VOLUME OF BITUMEN PAT MARGIN ALLIED PRODUCTS) (IN MT TONS) ALLIED PRO
Slide 8: Robust Financial Snapshot
ROBUST FINANCIAL SNAPSHOT 17794.19 3625.41 14457.67 3409.83 10950.57 2844.30 7290.70 2278.34 EBITDA EBITDA PER MT TON (IN ₹'S LACS) (IN ₹'S) FY21 FY22 FY23 FY24 STABLE PAT MARGIN OF ~ 5.13% 08
Slide 9: Continuous Strengthening of Vessel to Support Core Bitumen Business
CONTINUOUS • The economies we achieve with own fleet of bitumen logistic vessels and road transport vehicles enable us to outbid competitors, secure STRENGTHENING OF tenders and ensure high standards of supply and service to our customers VESSEL TO SUPPORT • One Additional vessel MT Gauri with capaci
Slide 10: India's Largest Integrated Player in Transporting Bitumen
INDIA’S LARGEST Integrated infra-ancillary company focused on bitumen. Market-leading position in bitumen built INTEGRATED on presence throughout the supply chain with 10 Bitumen logistics vessel of 1,02,049 MT. ton of PLAYER IN Capacity 650+ Fleet Size Consisting of 350+ Bitumen Tankers & 300+ LPG
Slide 11: Continuing Market Leadership in Bitumen in India
CONTINUING MARKET LEADERSHIP CAGR – 31.97% (Rs. in Lakhs) IN BITUMEN IN INDIA 160199 202408 213043 90550 INDIA’S LARGEST 78910 BITUMEN COMPANY 53223 IN PRIVATE SECTOR 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 FINANCIAL YEAR REVENUE 11
Slide 12: Industry Facts
INDUSTRY FACTS ROAD NETWORK SIZE IN LAC KM China India USA BITUMEN CONSUMPTION VS DOMESTICS PRODUCTION • Rising consumption with 68.00 63.72 YEAR BIT CONSUMPTION REFINERY PRODUCTION IMPORTS constant production creating opportunities for AICL. Constant 2013-14 5007 4773 234 production with increasing
Slide 13: Large Entry Barriers
LARGE ENTRY BARRIERS Agarwal building capacity y-o-y across India in manufacturing and terminal storage. • 10 bitumen vessels • 7 Manufacturing facilities PACHPADARA ASSAM • 7 Sales network location • 7 Bulk storage terminals Efficiently utilizing 30500Mt of Storage Capacity VADODARA PLANT HALDIA POR
Slide 14: Story Through Charts
STORY THROUGH CHARTS REDUCING WORKING ROCE MARGINS DEBT TO YOY EPS STRENGTHENING CAPITAL DAYS EQUITY RATIO GROWTH THE BALANCESHEET 73.02 51101.81 0.68* 58 22.52% 0.66 63.78 40370.98 20.34% 0.54 51.1 0.51 0.50 39 17.92% 29456.19 16.43% 17.26% 0.34 39.51 19610.38 27 28 25 14.65% 24.91 15750.57 17 13.1
Slide 15: We Are Among Asia-Pacific High Growth Companies
WE ARE AMONG ASIA-PACIFIC HIGH GROWTH 2022 2023 RANK 299 198 COMPANIES High Growth High Growth Companies Companies Top 100 Asia-Pacific Top 50 Asia-Pacific SMEs in 2021 2018 India 2017 15
Slide 16: Our Pillars of Strength
OUR PILLARS OF STRENGTH Shri Jaiprakash Shri Ramchandra Shri Mahendra Shri Lalit Agarwal Vipin Agarwal Agarwal Agarwal Agarwal Whole Time Director CFO Managing Director Whole Time Director Director (Executive, Non ---- (Executive, Non (Executive, Non (Non Executive, Independent Director) Independent
Slide 17: Balanced Board with Experience & Expertise
Board Demographics Highly Engaged Board Actively involved in AICL's Strategic transformation. BALANCED Meetings During 4 Board Committee FY 2024 8 Member Board BOARD WITH 57 Median Age of Board Highly Experienced Board to Chair Committees EXPERIENCE • Audit Committee • Stakeholders Relationship Comm
Slide 18: Consolidated Profitability Statement
CONSOLIDATED PROFITABILITY STATEMENT (Rs. in Lakhs) QUARTER ENDED YEAR ENDED PARTICULARS 31.03.2024 31.12.2023 31.03.2023 31.03.2024 31.03.2023 Income Revenue from operations 77,644.43 48,818.30 65,954.28 2,12,529.93 2,01,501.43 Other Income 175.66 90.35 64.17 512.58 907.13t Total Revenue (I + II) 7
Slide 19: Balance Sheet
BALANCE SHEET (Rs. in Lakhs) PARTICULARS AS ON 31.03.2024 AS AT 31.03.2023 Assets Non-current assets Property, plant and equipment 56,993.74 31,683.78 Capital work-in-progress - 694.83 Investment property 37.44 37.44 Right to Use 1,392.51 1,922.10 Goodwill arising on Consolidation 488.81 488.81 Fina
Slide 20: Cash Flow Statement
CASH FLOW STATEMENT (Rs. in Lakhs) PARTICULARS YEAR ENDED 31.03.2024 YEAR ENDED 31.03.2023 CASH FLOW FROM OPERATING ACTIVITIES Net Profit/(Loss) before tax 12,718.58 10,976.04 Adjustments for Depreciation 2,390.33 1,674.91 Amortisation of Right to Use 619.24 593.65 Interest & Finance Charges 1,902.1
Slide 21: Cash Flow Statement
CASH FLOW STATEMENT (Rs. in Lakhs) PARTICULARS YEAR ENDED 31.03.2024 YEAR ENDED 31.03.2023 CASH FLOW FROM FINANCING ACTIVITIES Money received against share warrents / issue of equity shares - 1,379.96 Interest & Finance Charges (1,833.38) (999.30) Net Increase / (Decrease) in Short Term Borrowings (
Slide 22: Consistent Dividend Yield Creating Shareholders Wealth
CONSISTENT 3 25.00% 30% DIVIDEND 2.5 2 20.00% YIELD CREATING 1.8 18.00% SHAREHOLDERS WEALTH THE COMPANY HAS CONSISTENTLY PAID OUT DIVIDEND CREATING WEALTH MAXIMIZATION FOR DIVIDEND (In Rs.) DIVIDED OF FACE VALUE % SHAREHOLDERS. FY21 FY22 FY23 FY24 22
Slide 23: Synopsis
SYNOPSIS INVESTING FOR GROWTH Incremental Bitumen Vessel Addition Company has recorded a healthy 15.80% volume growth for FY24 & has operational Company to continue growth trajectory along with incremental efficiencies growth with 23.07% growth in ROCE through investments and operational efficiencies. E
Slide 24: Agarwal Industrial Corporation Limited
Agarwal Industrial Corporation Limited Address: “Eastern Court”, 201/202, Plot No. 12, V.N. Purav Marg, S.T. Road, Chembur, Mumbai – 400 071 Website: www.aicltd.in Contact Person : Vipin Agarwal, CFO Email: vipin@aicltd.in | Tel No.: +91-94490-01313 This presentation contains “forward looking statem