Agarwal Industrial Corporation Limited · NSE:AGARIND
Agarwal Industrial — FY2023 Earnings Presentation
24 slides from Agarwal Industrial's earnings presentation, Jun 6, 2023
Slide 1: Agarwal Industrial Corporation Limited
AGARWAL INDUSTRIAL CORPORATION LIMITED Petrochemicals (Manufacturers & Traders of Bitumen & Bituminous Products) © Logistics for Bitumen & LPG @ Wind Mills. AGARWAL GROUP CIN NO.: L99999MH1995PLC084618 June 06, 2023 To, To, BSE Limited National Stock Exchange of India Limited Corporate Relationship
Slide 2: India's Largest Private Sector Bitumen Logistic Company
AGARWAL INDUSTRIAL CORPORATION LIMITED INDIA’S LARGEST PRIVATE SECTOR BITUMEN LOGISTIC COMPANY (Infrastructure Ancillary - Transport & Logistics) (NSE: AGARIND | BSE: 531921)
Slide 3: 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 subscri
Slide 4: Highest Ever Numbers Reported in FY2022-23
HIGHEST EVER 25+ YEARS OF EXCELLENCE 6 MANUFACTURING 7 SALES NETWORK 2000+ SATISFIED FACILITIES LOCATIONS CUSTOMERS 5 COUNTRIES SERVED NUMBERS REPORTED IN 7 BULK STORAGE TERMINALS 650+ FLEET SIZE* 20+ PRODUCTS IN PORTFOLIO 1000+ TEAM SIZE* Fleet size count relates to entire Agarwal Group *Team Size
Slide 5: Management Perspective
MANAGEMENT PERSPECTIVE We are happy to report that AICL has continued to demonstrate phenomenal results in the FY23. We have reported a 26.35% year-on-year (YoY) jump in consolidated revenue from operations at Rs 2024.08 crores. Our EBIDTA has increased by 32.03 % at Rs. 144.57 crore and we reported
Slide 6: Financial Highlights
FINANCIAL HIGHLIGHTS HIGHEST EVER REVENUE & E B I T DA POSTED IN FY23 CONSOLIDATED FY23 HIGHLIGHTS CONSOLIDATED Q4FY23 HIGHLIGHTS • Rise in revenue by 26.35% in FY23 at Rs. 2024.08 Crs. v/s • Rise in revenue by 1.11% in Q4FY23 at Rs. 660.18 Crs. v/s Rs 1601.99 Crs in FY22. 652.90 Crs in Q4FY22. • EB
Slide 7: Growth in Every Segment
GROWTH IN EVERY SEGMENT SEGMENT WISE REVENUE (CONSOLIDATED) (Rs. in Lakhs) PARTICULARS FY21-22 FY22-23 GROWTH YOY % Bitumen & Allied Products 134926.2 170490.5 26.36% Bitumen Vessel Logistics 12981.37 17702.74 36.37% Petroleum Products 6512.24 7508.77 15.30% Road Logistics 6664.23 7557.55 13.40% Win
Slide 8: Robust Financial Snapshot
ROBUST FINANCIAL SNAPSHOT 6812.83 1606.8 48550 4.56% 424000 6025.77 385000 1565.13 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 PRODUCTS) (IN ₹'S) VESSEL ( MT. TONS) (
Slide 9: Robust Financial Snapshot
ROBUST FINANCIAL SNAPSHOT 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 STABLE PAT MARGIN OF ~ 4.56% 08
Slide 10: 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 • Eight large bitumen logistic vessels hav
Slide 11: India's Largest Integrated Player in Transporting Bitumen
INDIA’S LARGEST Integrated infra-ancillary company focused on bitumen. Market-leading position in bitumen built on INTEGRATED presence throughout the supply chain with 8 Bitumen logistcs vessel of 48550 MT. ton of Capacity 650+ PLAYER IN Fleet Size Consisting of 350+ Bitumen Tankers & 300+ LPG Tanke
Slide 12: Continuing Market Leadership in Bitumen in India
CONTINUING MARKET LEADERSHIP CAGR – 39.59% (Rs. in Lakhs) IN BITUMEN IN INDIA 160199 202408 90550 INDIA’S LARGEST 78910 BITUMEN COMPANY 53223 IN PRIVATE SECTOR 2018-19 2019-20 2020-21 2021-22 2022-23 FINANCIAL YEAR REVENUE 11
Slide 13: 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 14: Large Entry Barriers
LARGE ENTRY BARRIERS Agarwal building capacity y-o-y across India in manufacturing and terminal storage. • 8 bitumen vessels • 6 Manufacturing facilities • 7 Sales network location • 7 Bulk storage terminals. Efficiently utilizing 30000Mt of Storage Capacity VADODARA PLANT HALDIA PORT • Large utiliz
Slide 15: Story Through Charts
STORY THROUGH CHARTS REDUCING WORKING IMPROVING DECREASING DEBT YOY EPS STRENGTHENING CAPITAL DAYS ROCE MARGINS TO EQUITY RATIO GROWTH THE BALANCESHEET 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% 0.34 39.51 28 19610.38 27 25 14.65% 24.91 15750.57 13.11 13353.21
Slide 16: 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 17: 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 18: Balanced Board with Experience and Expertise
Board Demographics Highly Engaged Board Actively involved in AICL's Strategic transformation. BALANCED Meetings During 25 Board Committee FY 2023 10 Member Board BOARD WITH 61 Median Age of Board Highly Experienced Board to Chair Committees EXPERIENCE • Audit Committee • Stakeholders Relationship Co
Slide 19: Consolidated Profitability Statement
CONSOLIDATED PROFITABILITY STATEMENT QUARTER ENDED YEAR ENDED (Rs. in Lakhs) S.NO. PARTICULARS 31.03.2023 31.12.2022 31.03.2022 31.03.2023 31.03.2022 AUDITED UNAUDITED AUDITED AUDITED AUDITED Income I. Revenue from operations 65,954.28 55,209.35 65,119.22 2,01,501.43 1,59,824.36 II. Other Income 64.
Slide 20: Consolidated Balance Sheet
CONSOLIDATED BALANCE SHEET AUDITED AUDITED AUDITED (Rs. in Lakhs) AUDITED ASSETS AS ON AS AT EQUITY & LIABILITIES AS ON AS AT 31.03.2023 31.03.2022 31.03.2023 31.03.2022 Assets Equity Non-current assets Equity share capital 1,495.78 1,320.88 Property, plant and equipment 31,601.88 18,964.61 Other eq
Slide 21: Cashflow Generation with Discipline
CASHFLOW GENERATION WITH DISCIPLINE (Rs. in Lakhs) AUDITED AUDITED PARTICULARS YEAR ENDED YEAR ENDED 31.03.2023 31.03.2022 CASH FLOW FROM OPERATING ACTIVITIES Net Profit/(Loss) before tax 10,976.04 7,753.49 Operating Profit Before Working Capital Adjustments 14,323.33 12,045.71 Net cash flow from /
Slide 22: Consistent Dividend Yield Creating Shareholders Wealth
CONSISTENT 25.00% DIVIDEND 2.5 2 20.00% YIELD CREATING 1.8 18.00% SHAREHOLDERS WEALTH (In Rs.) THE COMPANY HAS CONSISTENTLY PAID OUT DIVIDEND CREATING WEALTH MAXIMIZATION FOR DIVIDEND DIVIDED OF FACE VALUE % SHAREHOLDERS. FY21 FY22 FY23 21
Slide 23: Synopsis
SYNOPSIS INVESTING FOR GROWTH HIGHEST EVER OPERATING Incremental Bitumen Vessel Addition REVENUE & PROFIT Company to continue growth trajectory along with incremental ₹ 2015 Cr Revenue with 92 Cr PAT ROCE through investments and operational efficiencies. RoCE with a 2 Enterprise value to Capital Emp
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