Transport Corporation Of India Limited · NSE:TCI
Transport Corporation Of India — Q2 FY23 Earnings Presentation
26 slides from Transport Corporation Of India's earnings presentation, Oct 31, 2022
Slide 1: Regulation 30 intimation letter to exchanges
31st October, 2022 The National Stock Exchange of India Ltd., BSE Ltd. The Listing Department, The Department of Corporate Services, “Exchange Plaza”, Phiroz Jeejeebhoy Towers, Bandra Kurla Complex, Bandra (East), Dalal Street, Mumbai – 400 051 Mumbai – 400 001 Scrip Symbol: TCI Scrip Code: 532349 D
Slide 2: Earnings Presentation Q2 FY23
Earnings Presentation Q2 FY23
Slide 3: Group Overview
Group Overview TCI TCI Developers Supply Seaways Subsidiaries & TCI Express Freight Div. Chain Div. Div. JVs TCI CONCOR Transystem TCI Cold Chain TCI Bangladesh TCI Nepal 6+ 2.5% 7000+ 1,500+ 12,000+ Decades of $600+ Mn Moving India’s Employees IT Enabled Trucks in Experience Revenue GDP by Value St
Slide 4: Logistics industry Growth drivers
Logistics industry Growth drivers Consumer Driven 1. Increasing trends in online shopping & digital transactions 2. High Degree of Urbanization 3. Product loyalty diminishing putting pressure on supply chain Regulatory & Government Customer Driven Initiatives 1. Focus on core area of business: 1. In
Slide 5: Company Strategy: Everything Logistics
Company Strategy : Everything Logistics Wide Range of Services Key USPs Strong Network Technology & Driven to incubate high growth segments © 2022 TCI Everything Logistics | 4
Slide 6: Wide Range of Customized Services
Wide Range of Customized Services VERTICALS SERVED/ PRODUCTS Automobiles Retail and CP Hi-tech (ICE) BENEFITS FOR CUSTOMERS Healthcare/ Lifesciences Single Window Solution Energy & Renewables Operational Cost Efficiencies Aviation & Defense Trusted Delivery & Fulfillment E-Commerce Economies of Scal
Slide 7: Multimodal Network
Multimodal Network Rail Coastal • High End CBU Logistics • End-to-End Ship Deployed :6 container DWT : 79,000 movement GP containers : 8000+ • Cross Border ISO TTR – 650+ movement Full rake movements Own Trains : 3 AFTO (Trains) 780(H1 2021-22) 900 (H1 2022-23) Containers management Yards & Terminal
Slide 8: Unique Positioning to incubate High Growth Segments
Unique Positioning to incubate High Growth Segments Chemical + Pharma Agri. ++ Renewables Cold Chain SAARC WHY are these high growth segments? 1. Supply chain disruption in China 1. 16% of GDP in 1. Global Renewable 1. Growth in the organized 1. BBIN & CMLV & Europe farm & food sector energy market
Slide 9: Technology Driven Operations
Technology Driven Operations SECURITY & BUSINESS VALUE BASED CONTINUITY RELATIONSHIP • Endpoint Detection and Response • Customer Relationship • Advance Threat Protection Management • Network & Web Application Firewall • Supplier Relationship Management • SSL, Security Protocols & Policies • Order M
Slide 10: Key Highlights
Key Highlights Highest quarter ever with consistent performance and adherence to core business fundamentals Rising demand in almost all sectors enables all business segments to grow despite inflationary pressure Market liquidity position tighter however company net borrowing remains at zero. 1
Slide 11: TCI Freight Division: Industry nature and trends
TCI Freight Division: Industry nature and trends Key Industry trends: • Need for FTL & LTL from ～40 Bn USD 160 Bn USD customers Less than Truck Load Indian Logistics • Anywhere to anywhere (LTL ) segment size Market model • End to end visibility ～ 6% 40+ • In-transit small storage Freight Market Gro
Slide 12: TCI Freight Division: Key Operational Highlights
TCI Freight Division: Core competencies and capabilities • One of India’s premier organized freight services provider with pan India presence & to SAARC • On demand use of Foldable Large Containers (FLCs) to safeguard goods. • 700 IT Enabled Owned offices, 25 Strategic Hubs • Single window Key Accou
Slide 13: TCI Freight Division: Key Operational Highlights
TCI Freight Division: Key Operational Highlights Figures in Mn Particulars Q2 FY23 Q2 FY22 Gr% FY22 FY 21 80% 69% 67% 67% 70% 65% 65% Revenue 3944 3393 16.3% 13716 11507 60% 60% EBDITA 168 150 11.7% 620 472 50% 40% % to Revenue 4.3% 4.4% 4.5% 4.1% 40% 33% 33% 35% 35% 31% EBIT 158 140 12.9% 577 416 3
Slide 14: TCI Supply Chain Division: Industry nature and trends
TCI Supply Chain Division: Industry nature and trends Typical Logistics and Warehouse 3PL Incremental Cost (as a % of Sales) Growth $ 10.74 bn 7.87% 3PL Estimated CAGR (2021-2025) 2020 2025 8% Organized 3PL - Acceleration of Market Growth (CAGR) Market Key Industry trends to drive Supply Chain and W
Slide 15: TCI Supply Chain Division: Core competencies and capabilities
TCI Supply Chain Division: Core competencies and capabilities WH/ DC E-fulfillment centers Yards Cross-docking Multimodal 3PL, 4PL IBL, OBL Control Tower Integrated Logistics & Supply Chain Solutions – from conceptualization to execution Vehicles under Operation : 4000 + Owned : 960 Yards mana
Slide 16: TCI Supply Chain Division: Key Operational Highlights
TCI Supply Chain Division: Key Operational Highlights Figures in Mn Particulars Q2 FY23 Q2 FY22 Gr% FY 22 FY 21 Revenue 3418 2691 27.0% 10015 9344 Storage Area under Management EBDITA 324 281 15.2% 1069 998 % to Revenue 9.5% 10.4% 10.7% 10.7% EBIT 221 161 37.4% 614 596 Warehouse 13 Mn Sqft (FY22) 13
Slide 17: TCI Seaways: Industry nature and trends
TCI Seaways: Industry nature and trends Trends to Drive Forward Coastal Shipping to Waterways : 6% of Increase from 86MMT transportation modal mix to 215MMT by 2025 Coastal Air 1% Inland 6% 0.6 Rail 32% Road Jal Marg Vikas Project: 60% Rs. 5369 crore The Sagarmala Project US$120 billion Investment 6
Slide 18: TCI Seaways Division: Core competencies and capabilities
TCI Seaways Division: Core competencies and capabilities Reach & Services • One of the leading multimodal coastal players having presence along the Western, Eastern & Southern ports of India • Expertise in coastal shipping services, container & bulk cargo TCI Anand movements, and transportation serv
Slide 19: TCI Seaways Division: Key Operational Highlights
TCI Seaways Division: Key Operational Highlights Figures in Mn Particulars Q2FY23 Q2FY22 Gr% FY22 FY 21 Fuel Price per MT Revenue 1157 1279 -9.5% 5332 3692 100000 80000 EBDITA 481 589 -18.4% 2363 1150 INR/MT 60000 % to Revenue 41.5% 46.1% 44.3% 31.1% 40000 EBIT 304 480 -36.6% 1790 735 20000 % to Rev
Slide 20: TCI's Joint Ventures
TCI’s Joint Ventures Figures in Mn H1FY23 (FY22) Revenue 1510 (3010) 31.6 (587) 317.4 (4670) Y-o-Y Growth 1.7% (-7.1%) 13.5% (62.3%) 76.3% (29.7%) PAT 25.45 (55.90) 12.60 (27.60) 456 (540) Capital Employed 457 (419) 341 (336) 3370 (2911) Strategic Partner’s Share 49% 20% 51% Operates on asset- Cold
Slide 21: Financial Highlights
Financial Highlights CONSOLIDATED Figures in Mn STANDALONE Revenue EBDITA PAT © 2022 TCI No. to update Everything Logistics | 20
Slide 22: Consistent performance: Key financial Indicators
Consistent performance: Key financial Indicators EV/EBIDTA Return on Capital Employed 16 14 1500 1481 50% 14 1348 1337 1350 1286 1305 40% 11 11 12 1200 30% In Mn 10 8 8 6 1050 20% 23.8% 21.7% 6 900 16.1% 14.7% 10% 4 14.0% 2 750 0% 0 FY19 FY20 FY21 FY22 H1FY23 FY19 FY20 FY21 FY22 H1FY23 Capital Emp.
Slide 23: Market Summary
Market Summary Particulars UOM 30th Sep 22 Shareholding Pattern as on 30th Sep 2022 Market Cap Rs Mn. 59,432 1% Debt Rs Mn. 573 1% 3% 11% Enterprise Value Rs Mn. 59,306 P/E Nos 22 14% EV/EBITDA Nos 14 69% 52 Week High Rs/share 858.60 52 Week Low Rs/share 527.00 20% 350% 17.3% 300% 18% PROMOTORS INDI
Slide 24: Corporate Governance: Social Responsibility
Corporate Governance: Social Responsibility E S G Environmental Governance पर्यावरण Social शयसन सयमयजिक • Eco-friendly workplaces , Solar Panel • Road safety and health initiatives across use at warehouses. 8 states impacted more than 1 Mn people • Strong and diverse Board • Multimodal Solutions: pu
Slide 25: Future Outlook
Future Outlook • Demand momentum to continue in coming quarter though in slower pace than expected. • Revenue and Profit growth of 10%-15% • Aggressive capex plan to capture next cycle of growth Figures In Mn. Actual FY 23 FY 23 (FY07 to Budget 6M FY22) Actual Hub Centers & Small 5163 700 93 warehou
Slide 26: Thank You!
Thank You! Best Warehouse Service Provider Best Cold Chain / Refrigerated Service Provider 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: corporate@tcil.com | Website: www.tcil.co
Transport Corporation of India — Q2 FY23 Earnings Presentation on 6ix