Slide 1: Stock exchange filing cover letter
1st May, 2024 To, To, BSE Limited National Stock Exchange of India Limited Scrip Code: 500410 Scrip Code: ACC Sub: Investor Presentation under Regulation 3o of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/Madam, In continuation of our letter dated 20th April 2024
Slide 2: Operational & Financial Highlights
ADANI GROUP ADANI CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS Operational & Financial Highlights For the Quarter Ended March 31, 2024 1
Slide 3: Performance at a glance FY24
ADANI GROUP ADANI CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS Performance at a glance FY24 Ambuja Cement consolidated Lifetime highest Annualised PAT for both Ambuja & ACC REVENUE EBITDA EBITDA PAT (in R Cr) (Excluding other income, (Excluding other inc
Slide 4: Performance at a glance Q4 FY24
ADANI GROUP ADANI CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS Performance at a glance Q4 FY24 Ambuja Cement consolidated Highest ever Clinker & Cement sales over last 20 qtrs. at 16.6 Mn T REVENUE EBITDA EBITDA PAT (in R Cr) (Excluding other income, (Ex
Slide 5: Builders of Progress in India
ADANI GROUP ADANI CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS Builders of Progress in India Development Operations Value Creation Well poised for Growth Asset Footprint Stakeholders 79 MTPA capacity (11.4 MTPA added in last 18 months) • Pan India asset
Slide 6: Contents
ADANI GROUP ADANI CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS Contents 01 Adani Group 02 Adani Cement - 03 Performance Profile Overview Highlights 16 6 10 04 05 Accolades & 06 Abbreviation ESG Update 45 32 Awards 41 5
Slide 7: Adani Group Profile
ADANI GROUP ADANI CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS 01 Adani Group Profile 6
Slide 8: Adani: A World Class Infrastructure & Utility Portfolio
ADANI GROUP ADANI CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS Adani: A World Class Infrastructure & Utility Portfolio Flagship Infrastructure & Utility Core Portfolio Primary Industry Emerging B2C Materials, Metal & Incubator Energy & Utility Transport
Slide 9: Adani Portfolio: Decades long track record of industry best growth
ADANI GROUP ADANI CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS 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 6 Growt
Slide 10: Adani Portfolio: Repeatable, robust & proven transformative model of investment
ADANI GROUP ADANI CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS Adani Portfolio: Repeatable, robust & proven transformative model of investment Phase Development Operations Post Operations Center of Excellence Project Management & Assurance Group (AIIL) A
Slide 11: Adani Cement (Ambuja + ACC + Sanghi) - Overview
ADANI GROUP ADANI CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS 02 Adani Cement (Ambuja + ACC + Sanghi) - Overview 10
Slide 12: Advantage - Group Synergy
ADANI GROUP ADANI CEMENT PERFORMANCE ESG ACCOLADES & PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS Advantage - Group Synergy Realty Group land bank Group Cement requirement (Dharavi, Navi Mumbai Airport, Fly Ash Ganga expressway..) Fly ash sourced from group’s power plants Coal ensures assured supply Us
Slide 13: Infrastructure and Housing sectors to keep Cement Demand vibrant
ADANI GROUP ADANI CEMENT PERFORMANCE ESG ACCOLADES & PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS Infrastructure and Housing sectors to keep Cement Demand vibrant Housing • Govt. of India promotional scheme for rural housing to push demand 10% - 14% 11% - 15% • Aspirational India (per capita GDP ~ USD
Slide 14: Indian Cement Industry – High growth expected
ADANI GROUP ADANI CEMENT PERFORMANCE ESG ACCOLADES & PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS Indian Cement Industry – High growth expected 702 2nd largest producer of cement (550 Mn MT) – 9% share of Global capacity (6,875 Mn MT) 556 550 At 270 kg per Capita Cement consumption (world average o
Slide 15: Presence in 30 states and 580+ districts
ADANI GROUP ADANI CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS Presence in 30 states and 580+ districts (~75%)* Gagal For the Quarter Ended March 31, 2024 Darla / Suli # Ropar Nalagarh Asian Nalagarh Rajpura 78.9MTPA 60.6% Bhatinda Roorkee Cement Capacit
Slide 16: Iconic brands with cumulative 120+ years history
ADANI GROUP ADANI CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS Iconic brands with cumulative 120+ years history that shaped the industry Heritage Strength India‘s 1st Cement Company, Inter-generational Original disruptor with Virat Compressive Strength l
Slide 17: Performance Highlights
ADANI GROUP ADANI CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS 03 Performance Highlights For the Quarter Ended March 31, 2024 16
Slide 18: All Round Performance since acquisition of Ambuja & ACC
ADANI GROUP ADANI CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS All Round Performance since acquisition of Ambuja & ACC – Warrant program of entire Rs 20,000 Cr completed in April 2024 – Net worth all time high at Rs. 59,185* Cr and Cash & Cash equivalent
Slide 19: Tuticorin (GU) Newly acquired grinding unit
ADANI GROUP ADANI CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS Tuticorin (GU) Newly acquired state of the art grinding unit which will help to penetrate South Tamilnadu and North Kerala markets 1.5 MTPA Cement capacity 18 18
Slide 20: Financial results (for the Quarter)
ADANI GROUP ADANI CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS Financial results (for the Quarter) Ambuja Consolidated Ambuja Standalone ACC Standalone Sanghi Particulars UoM Mar 24 Dec 23 Mar 23 Mar 24 Dec 23 Mar 23 Mar 24 Dec 23 Mar 23 Mar 24 Dec 23 Ma
Slide 21: Ambuja Cement (Consolidated) Cement Business (% Change YoY)
ADANI GROUP ADANI CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS Ambuja Cement (Consolidated) Cement Business (% Change YoY) SALES VOLUME - CLC REVENUE EBITDA (Excl. Other Income) EBITDA (Incl. RMX) (MnT) (K.Cr) (K Cr & Margin) (Excl. Other Income) (K /ton
Slide 22: Ambuja Cement (Consolidated) Cement Business (% Change YoY)
ADANI GROUP ADANI CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS Ambuja Cement (Consolidated) Cement Business (% Change YoY) RAW MATERIAL POWER AND FUEL FREIGHT AND FORWARDING OTHER EXPENSES (K/ton) (K/ton) (K/ton) (K /ton) 1% 13% 8% 4% 591 1,401 1,362 777
Slide 23: Trade Sales amongst highest in the industry
ADANI GROUP ADANI CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS Trade Sales amongst highest in the industry Mar'24 Q Mar'23 Q Change Particulars Volume Volume % % (Volume) (MnT) (MnT) Region wise cement sales volume North 4.3 27% 3.6 26% 21% East 4.2 27%
Slide 24: Capacity Utilization amongst highest in the industry
ADANI GROUP ADANI CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS Capacity Utilization amongst highest in the industry Mar'24 Q FY'24 Regions Capacity Production Utilisation Capacity Production Utilisation (MnT) (MnT) % (MnT) (MnT) % North 5.1 4.4 85% 20.7
Slide 25: Ambuja Cement (Standalone) Cement Business (% Change YoY)
ADANI GROUP ADANI CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS Ambuja Cement (Standalone) Cement Business (% Change YoY) SALES VOLUME - CLC REVENUE EBITDA (Excl. Other Income) EBITDA (Excl. Other Income) (MnT) (K Cr) (K Cr & Margin) (K/ton) 18% 12% 1% 14
Slide 26: Ambuja Cement (Standalone) Cement Business (% Change YoY)
ADANI GROUP ADANI CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS Ambuja Cement (Standalone) Cement Business (% Change YoY) RAW MATERIAL POWER AND FUEL FREIGHT AND FORWARDING OTHER EXPENSES (K/ton) (K/ton) (K/ton) (K/ton) 4% 27% 5% 4% 475 1,280 1,154 677 1,
Slide 27: ACC (Consolidated) Cement Business (% Change YoY)
ADANI GROUP ADANI CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS ACC (Consolidated) Cement Business (% Change YoY) Highest ever Sales Volume and Revenue over last 20 qtrs. SALES VOLUME - CLC REVENUE EBITDA (Excl. Other Income) EBITDA (MnT) (K.Cr) (K Cr & M
Slide 28: ACC (Consolidated) Cement Business (% Change YoY)
ADANI GROUP ADANI CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS ACC (Consolidated) Cement Business (% Change YoY) RAW MATERIAL POWER AND FUEL FREIGHT AND FORWARDING OTHER EXPENSES (K/ton) (K/ton) (K/ton) (K /ton) 0% 16% 13% 10% 634 1110 1136 1172 932 622
Slide 29: Capex updates
ADANI GROUP ADANI CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS Capex updates 28
Slide 30: Roadmap to 140 MTPA by 2028
ADANI GROUP ADANI CEMENT CEMENT PERFORMANCE PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS Roadmap to 140 MTPA by 2028, @ 79 at present, 100 by 2026 Capacity(MTPA) Expected Expansion timelines for Status Update Project Clinker Cement completion Bathinda - 1.2 Q2
Slide 31: Adani Cement – Capacity Enhancement Enablers
ADANI GROUP ADANI CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS Adani Cement – Capacity Enhancement Enablers Cement Capacity (Mn T) 1. Land: land already in possession/ available with group / in advance stages of acquisition 2. Limestone: Cumulative ~8000
Slide 32: Ambuja Cement (consolidated): Cash & Cash Equivalents position
ADANI GROUP ADANI CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS Ambuja Cement (consolidated): Cash & Cash Equivalents position Synopsis of the movements in Cash & Cash Equivalent Particulars K Crs Opening balance as on 1st Apr 2023 11,530 Cash & Cash Equi
Slide 33: ESG Overview
ADANI GROUP ADANI CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS 04 ESG Overview 32
Slide 34: Adani Cement: Stakeholder value creation
ADANI GROUP ADANI CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS Adani Cement: Stakeholder value creation Environmental Society Governance • Committed to SBTi and GCCA for being • Spend of ~Rs 300 Cr on various social • Enhanced Governance - In addition to
Slide 35: ESG Framework
ADANI GROUP ADANI CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS ESG Framework Adani Group Vision & ESG Framework Vision Policies Guiding principle To be a world class leader in businesses that enrich lives and contribute to nations in ESG building infrast
Slide 36: ESG Highlights FY24 (Ambuja Consolidated)
ADANI GROUP ADANI CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS ESG Highlights FY24 (Ambuja Conslidated) Net Zero Commitment Renewable and Green Energy Circular Economy Carbon Emissions – Scope I Committed to Net Zero by 2050 with 16.8% 21.3 million tonne
Slide 37: ESG Ratings
ADANI GROUP ADANI CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS ESG Ratings RATING AGENCIES AMBUJA ACC DJSI(2023) 60 61 CDP - CC A-* A- CDP - WS B B Sustainalytics 25.1 Medium 27.6 Medium risk risk MSCI B - CRISIL 52 (Adequate) 52 (Adequate) (Dec 2021) Wi
Slide 38: ESG Dashboard
ADANI GROUP ADANI CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS ESG Dashboard Material topic Ambuja ACC UN SDGs * * Climate & Energy (Net specific CO2 emissions - Kg/T, without CPP) 453 518 400 466 Circular Economy (Use of waste derived resources MnT/yr)
Slide 39: Corporate Social Responsibility
ADANI GROUP ADANI CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS Corporate Social Responsibility 38
Slide 40: Corporate Social Responsibility (Ambuja Consolidated)
ADANI GROUP ADANI CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS Corporate Social Responsibility (Ambuja Consolidated) Government Scheme Integration Water Conservation initiatives Women Income Generation Initiatives – Amount spent towards CSR obligations R
Slide 41: Board & Committee Structure
ADANI GROUP ADANI CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS Board & Committee Structure * Board of Directors Statutory Committees Governance Committees Audit CSR Nomination & Corporate Responsibility Public Consumer Committee Committee Remuneration Co
Slide 42: Accolades & Awards
ADANI GROUP ADANI CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS 05 Accolades & Awards 41
Slide 43: Accolades & Awards
ADANI GROUP ADANI CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS Accolades & Awards Ranks among Top 100 Most Valuable Companies in India by Business Today 42 42
Slide 44: Accolades & Awards
ADANI GROUP ADANI CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS Accolades & Awards India’s Most Trusted Cement Brand 2024’ by TRA Research Ranks among Top 100 Most 01 02 Valuable Companies in India by Business Today Gold & Silver category in SKOCH Awards
Slide 45: Accolades & Awards
ADANI GROUP ADANI CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS Accolades & Awards International Safety Award 2024 by British Safety Council for excellence in workplace safety practices ACC Earns Five Accolades at 3rd 05 06 National Sustainability Awards
Slide 46: Abbreviations
ADANI GROUP ADANI CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS 06 Abbreviations 45
Slide 47: Abbreviations
ADANI GROUP ADANI CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS Abbreviations ATGL Adani Total Gas Ltd CCI Competition Commission of India MnT. Million Tonne AEL Adani Enterprises Limited CLC Clinker and Cement SIL Sanghi Industries Limited APSEZ Adani Po
Slide 48: Abbreviations
ADANI GROUP ADANI CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS Abbreviations ML/CL Mining Lease/ Composite Lease MSCI Morgan Stanley Capital International SD Sustainable Development DJSI Dow Jones Sustainability Index SHG Self Help Group CDP-CC CDP Clima
Slide 49: 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 Ambuja Cements Limited (“Ambuja”), the future outlook and growth prospects, and futu