Transport Corporation Of India Limited · NSE:TCI
Transport Corporation Of India — Q1 FY24 Earnings Presentation
26 slides from Transport Corporation Of India's earnings presentation, Aug 1, 2023
Slide 1: Regulation 30 intimation letter to exchanges
1st August, 2023 The National Stock Exchange of India Ltd., BSE Ltd. Listing Department, Listing Department, “Exchange Plaza”, Block- G, Phiroz Jeejeebhoy Towers, Bandra Kurla Complex, Bandra (East), Dalal Street, Mumbai – 400 051 Mumbai – 400 001 Scrip Symbol: TCI Scrip Code: 532349 Dear Sir/Madam,
Slide 2: Earnings Presentation Q1 FY24
Earnings Presentation Q1 FY24 1st Aug 2023 © 2023 TCI
Slide 3: TCI Consolidated Overview
TCI Consolidated Overview TCI 6+ $500+ 1800+ In Millions Decades of Train Experience Revenue movement Supply Seaways Freight Div. Chain Div. 160 Refer Vehicles+ Div. 650+ 13K+ 8K+ TCI Cold Cold Pallets TCI CONCOR ISO Containers positions GP Containers Chain 3.5K+ 1K+ 10K TCI Transystem Bangladesh Lo
Slide 4: Logistics industry Growth drivers
Logistics industry Growth drivers Consumer Driven Customer Driven Industry Driven Regulatory & Government Initiatives • Growth of omni • Focus on core area • Large market Size • Infrastructure push channel retail of business leading PM Gati Shakti, prompting supply to increased • Shift in global Bha
Slide 5: Company Strategy: Everything Logistics
Company Strategy : Everything Logistics Presence Across All Customized Industry Sectors solution with wide Range Of Services Key 360⁰ Technology adoption Strong Multimodal USPs Capabilities & Network Unique Positioning To Incubate High Growth Segments Everything Logistics | 4
Slide 6: Range of services for customized solutions
Range of services for customized solutions Verticals Served/ Products LTL/FTL Warehousing • Automobiles • E-Commerce Port Logistics • Retail and CP • Chemicals Freight Forwarding • Hi-tech (ICE) • Industrial & Coastal Shipping Products / Services • Healthcare/ Engineering Domestic Rail: Container &
Slide 7: Unique Positioning to incubate High Growth Segments
Unique Positioning to incubate High Growth Segments Chemical + Agri. ++ Renewables Cold Chain SAARC Pharma • China +1 Supply chain • 16% of GDP in the • Increasing awareness • Growth in the • Increasing bilateral outlook farm & food sector on climate related organized food trade between BBIN • Gover
Slide 8: Presence across all industry sectors
Presence across all industry sectors capturing most of economic activities • Increasing Government spend on infrastructure Engineering and Industrial • Growth in size of GDP • PLI, 100% FDI in select sectors • Increasing Investment in Core sector Metals and Construction Material • Infrastructure dev
Slide 9: Consolidated Revenue in Mn
Key Highlights Growth momentum maintained amidst mixed sectorial trends during the quarter. Company’s well-diversified service offerings, multi sectorial presence and adherence to core business fundamentals have contributed to consistency Our net borrowing remained at zero with additional cash
Slide 10: 360⁰ Technology Adoption
360⁰ Technology Adoption Relationship Wheel Core Business Operations Wheel Transportation & Logistics Employee Digital Relationship Governance Supply Chain Rail Logistics & Human Customer Logistics Warehousing Enterprise Route Resource & & Supplier Resource Optimization Performance Management Planni
Slide 11: TCI Freight Division: Industry nature and trends
TCI Freight Division: Industry nature and trends Industry Growth Drivers • USD 180 B Freight Transport Market, • Need for FTL & LTL from a single provider highly fragmented and unorganized • Anywhere to anywhere model • LTL Freight Transport Market, relatively organized with 15% share • Control Towe
Slide 12: TCI Freight Division: Core competencies and capabilities
TCI Freight Division: Core competencies and capabilities Full Truck Load (FTL) Integrated Surface Transport Solution Less than Truck Hub & Spoke Model Load (LTL) Our We have a robust set-up of 25 strategically located hubs Services across India that enables TCI Freight to widen its Over-dimensional
Slide 13: TCI Freight Division: Key Operational Highlights
TCI Freight Division: Key Operational Highlights Figures in Mn • Moderate Growth with improvement in LTL segment. Plan to open 50 new branches to further enhance the network. Particulars Q1 FY24 Q1 FY23 Gr% FY23 FY22 Gr% • Margins and ROCE remained stable amid benign freight rates and Revenue asset
Slide 14: TCI Supply Chain Division: Industry nature and trends
TCI Supply Chain Division: Industry nature and trends Industry Industry Nature Growth Growth Drivers Drivers • Higher demand for integrated and • Market Size USD 12 Bn customized solutions • Relatively less fragmented with higher • Supply chain network optimization organized market especially in war
Slide 15: TCI Supply Chain Division: Core competencies and capabilities
TCI Supply Chain Division: Core competencies TCI Warehouse and capabilities Our Services 5,000+ Vehicles under Operation • Full-stack integrated offering from Owned:1000 Conceptualization, Design, to execution 55 • High warehouse space utilization by Yards Managed expanding vertically 750 Mn • VAS:
Slide 16: TCI Supply Chain Division: Key Operational Highlights
TCI Supply Chain Division: Key Operational Highlights Figures in Mn Particulars Q1 FY24 Q1 FY23 Gr% FY23 FY22 Gr% • Growth momentum continued amidst retention and Revenue expansion of business with existing clients and new 3460 2853 21.3% 12763 10015 27% business acquisitions EBDITA 320 262 21.9% 12
Slide 17: TCI Seaways: Industry nature and trends
TCI Seaways: Industry nature and trends Industry Growth Drivers Waterways : Jal Marg Vikas Project 6% of transportation modal mix Rs. 5369 crore Coastal Air 1% Inland Coastal Shipping to 6% 0.3% Increase from 86MMT Rail to 215MMT by 2025 33% Road 60% The Sagar mala Project • US$120 billion • GOI pus
Slide 18: TCI Seaways Division: Core competencies and capabilities
TCI Seaways Division: Core competencies and capabilities Our Services • One of the leading multimodal coastal players Own Multipurpose Marine having presence along the Western, Eastern & Containers Southern ports of India • Expertise in coastal shipping services, container Domestic Coastal Ships & b
Slide 19: TCI Seaways Division: Key Operational Highlights
TCI Seaways Division: Key Operational Highlights Figures in Mn • Lower freight rates on West coast and BIPARJOY cyclone had Particulars Q1 FY24 Q1 FY23 Gr% FY23 FY22 Gr% an impact on revenues. • Margins and ROCE remained stable amid controlled cost structure Revenue and low fuel price 1173 1452 -19.
Slide 20: TCI's Joint Ventures
TCI’s Joint Ventures Figures in Mn Q1 FY24 (FY23) Revenue 763 (3047) 163 (601) 2253 (6920) Y-o-Y Growth -6.8% (1.2%) 1.1% (2.4%) 57.6% (48.2%) PAT 14 (55) 9 (28) 330 (822) Capital Employed 358 (314) 362 (360) 3342 (3110) Strategic Partner’s Share 49% 20% 51% Operates on asset- Cold chain services to
Slide 21: Financial Highlights
Financial Highlights CONSOLIDATED Figures in Mn STANDALONE 45000 16.4% 19.0% 4900 36000 38128 4689 4200 Revenue 32766 4216 27000 3500 2800 18000 5.3% 7.6% 2100 1400 9000 9082 9566 700 1151 1245 0 0 Q1 FY23 Q1 FY24 FY22 FY23 Q1 FY23 Q1 FY24 FY22 FY23 9.3% 3500 40000 11.2% EBDITA 35000 2800 3206 2928
Slide 22: Consistent performance: Key financial Indicators
Consistent performance: Key financial Indicators Figures in Mn EV/EBIDTA Return on Capital Employed 1600 1444 30.0% 12.0 11.0 10.7 1323 1346 10.2 1400 1269 1263 25.0% 10.0 1200 8.0 23.8% 23.9% 23.0% 20.0% 1000 8.0 6.0 800 15.0% 6.0 600 14.0% 14.7% 10.0% 400 4.0 5.0% 200 2.0 0 0.0% FY20 FY21 FY22 FY2
Slide 23: Market Summary
Market Summary Particulars UOM 30th Jun 23 Shareholding Pattern as on 30th Jun 2023 Market Cap Rs Mn. 55620 2% 1% Debt Rs Mn. 938 3% 12% Cash equivalents Rs Mn (3062) 13% Enterprise Value Rs Mn. 53496 P/E Nos 16.7 69% EV/EBITDA Nos 10.7 52 Week High Rs/share 727 52 Week Low Rs/share 715 PROMOTORS IN
Slide 24: Corporate Governance: Social Responsibility
Corporate Governance: Social Responsibility Environmental Social Governance E पर्यावरण S सयमयजिक G शयसन • Eco-friendly workplaces, Solar Panel • Road safety and health initiatives • Strong and diverse Board use at warehouses. across 9 states impacted more than • Started BRSR in FY22 voluntarily • Pu
Slide 25: Outlook
Outlook • Demand momentum to continue but at a slower pace • Headwinds of the global recession on domestic manufacturing , and distressed rural demand and delay in private investments etc. • Revenue and Profit growth of 10%-15% Figures In Mn. • Spill over effect on Capex Actual FY 24 Q1 (FY07 to Bud
Slide 26: Thank You!
Thank You! Transport Corporation of India Limited TCI House, 69 Institutional Area Sector 32, Gurugram - 122001 Tel.: +91 - 124 - 2381603-07 | Fax: +91 - 124 - 2381611 E-mail Id: finance.mis@tcil.com | Website: www.tcil.com CIN: L70109TG1995PLC019116 Online Presence Everything Logistics | 26
Transport Corporation of India — Q1 FY24 Earnings Presentation on 6ix