Transport Corporation Of India Limited · NSE:TCI
Transport Corporation Of India — FY2021 Earnings Presentation
28 slides from Transport Corporation Of India's earnings presentation, May 26, 2021
Slide 1: Intimation under Regulation 30 - Investors Presentation FY 2020-21
26th May, 2021 Listing Department, Listing Department, The National Stock Exchange of India Ltd., Bombay Stock Exchange Ltd., “Exchange Plaza”, Phiroz Jeejeebhoy Towers, Bandra Kurla Complex, Bandra (East), Dalal Street Mumbai – 400051 Mumbai-400 001 Scrip Symbol: TCI Scrip Code: 532349 Sub: Intimat
Slide 2: Earnings Presentation FY 2020-21
Earnings Presentation FY 2020-21
Slide 3: Group Overview
Group Overview TCI TCI Developers Supply Subsidiaries TCI Express Freight Div Seaways DIv Chain Div &JVs TCI Trans- TCI Cold TCI TCI Nepal CONCOR system Chain Bangladesh 6+ $600+ Mn 2.5% 7000+ 1,500+ 12,000+ Moving India’s GDP Employees IT Enabled Own Trucks in Decades of Experience Revenue by Value
Slide 4: Logistics industry Growth Drivers
Logistics industry Growth drivers • Increasing trends in online shopping & digital transactions Consumer Driven • High Degree of Urbanization • Product loyalty diminishing putting pressure on supply chain • Focus on core area of business: increased outsourcing • Rapid pace of technology adoption and
Slide 5: Company Strategy and Key USPs
Company Strategy To be India’s leading integrated multimodal logistics service provider 01 Wide Range of Services 04 02 Technology & Key USPs Strong Automation Multimodal Driven Network Operations 03 Unique Positioning to incubate high growth segments © 2021 TCI 4
Slide 6: Wide Range of Customized Services
Wide Range of Customized Services BENEFITS FOR CUSTOMERS Single Window Solution VERTICALS SERVED Operational Cost Efficiencies Automobiles Trusted Delivery & Fulfillment Retail and CP UNLOCK BUSINESS Economies of Scale Hi-tech (ICE) POTENTIAL Healthcare and Lifesciences Cold Chain Aviation & Defence
Slide 7: Unlocking Business Potential through Integrated Multimodal Logistics Solutions
UNLOCKING BUSINESS POTENTIAL through Integrated Multimodal Logistics Solutions FROM DESIGN TO EXECUTION Cold Suppl Multimodal Chemical Beat FTLSLTL at Chain & . Services Logistics Services Warehousing BENEFITS * End-to-end * Handling large + * Various food * Foldable Large movement by volume of liqu
Slide 8: Strong Multimodal Network
Strong Multimodal Network 1,80,000 TEUs & Liquid Containers 3 AFTO 1300+ Trains (Automobile Rail moved Trains) Multimodal Coastal 9 Major Multimodal 06 Coastal Cargo Ports serviced Port Logistics Ships deployed 10,000 Operations Trucks across all the per day ICDs © 2021 TCI 7
Slide 9: Unique Positioning to incubate High Growth Segments
Unique Positioning to incubate High Growth Segments Chemical + Pharma Agri. ++ Value Chain E-Comm. Cold Chain SAARC WHY are these high growth segments? 1. Supply chain disruption in China 1. 16% of GDP in farm & food 1. Potential of huge retail 1. Growth in the organized 1. BBIN & CMLV countries. 2.
Slide 10: Technology Driven Operations
Operations & Tyre Management System Workman Management System ERP on cloud Freight Exchange Platform Warehousing Record Management System Geo Fencing, E-Invoice, E-Waybill, GST Technology Driven Operations Central Monitoring Vehicle Tracking System High Availability Disaster Recovery System
Slide 11: Key Highlights for FY21
Key Highlights for FY21 Consolidated Revenues in Mn 34% 2% 14% Record Q4 with a strong finish for FY21 9060 36% 8150 7122 7036 6886 6750 6627 4087 Strong cash flow with improved quality of receivables and lower borrowing Q-1 Q-2 Q-3 Q-4 FY20 FY21 Robust pipeline of opportunities with deep 2050
Slide 12: TCI Freight Division: Industry nature and trends
TCI Freight Division: Industry nature and trends 12 mn+ USD Indian Logistics Key Industry trends: trucks 160 Bn market • Need for FTL & LTL from customers • Anywhere to anywhere model LTL segment USD 40+ • Tech support: adoption of conversational accounts for 35~40 variants customer support Chabot 2
Slide 13: TCI Freight Division: Core competencies and capabilities
TCI Freight Division: Core competencies and capabilities • One of India’s premier organized freight services provider • Around 3500 trucks and trailers in operation, both with pan India presence. owned and leased. • Started new service for SAARC region to provide door to • On demand use of Foldable
Slide 14: TCI Freight Division: Key Operational Highlights
TCI Freight Division: Key Operational Highlights Figures in Mn Particulars Q4 FY21 Q4 FY20 Gr% FY21 FY20 Gr% 80% 71% 69% 67% 67% 70% 60% Revenue 3871 3227 20.0% 11507 12474 -7.8% 60% EBDITA 172 135 27.3% 472 486 -2.8% 50% 40% 40% 29% 31% 33% 33% % to Revenue 4.5% 4.2% 4.1% 3.9% 30% EBIT 160 117 37.5
Slide 15: TCI Supply Chain Division: Industry nature and trends
TCI Supply Chain Division: Industry nature and trends 3PL Incremental Growth $ 10.74 bn 7.87% 3PL Estimated CAGR (2021-2025) 2020 2025 Typical Logistics and Warehouse 8% Organized Cost (as a % of Sales) 3PL - Acceleration of Market Market Growth (CAGR) Key Industry trends to drive Supply Chain and W
Slide 16: TCI Supply Chain Division: Core competencies and capabilities
TCI Supply Chain Division: Core competencies and capabilities WH/ DC E-fulfillment center Yards Cross-docking Multimodal 3PL, 4PL IBL, OBL Control Tower TCI Yard Network Integrated Logistics & Supply Chain Solutions – from conceptualization to execution 4,000 (1020) Fleet in operations (Owned)
Slide 17: TCI Supply Chain Division: Key Operational Highlights
TCI Supply Chain Division: Key Operational Highlights Figures in Mn Particulars Q4 FY21 Q4 FY20 Gr% FY21 FY20 Gr% Revenue 2910 2077 40.1% 9344 9243 1.1% Storage Area under Management EBDITA 328 194 69.2% 998 908 9.9% Warehouse “A” 12 Mn Sqft 112 Cubic Ft % to Revenue 11.3% 9.3% 10.7% 9.8% Grade EBIT
Slide 18: TCI Seaways: Industry nature and trends
TCI Seaways: Industry nature and trends Waterways : 6% of transportation modal mix Trends to Drive Forward Coastal Shipping to Air 1% Coastal Inland Increase from 6% 0.6 86MMT to 215MMT Rail by 2025 32% Road 60% Jal Marg Vikas Project: Rs. 5369 crore • Manufacturing at the Coastal Area will increase
Slide 19: TCI Seaways Division: Core competencies and capabilities
TCI Seaways Division: Core competencies and capabilities Reach & Services Green Logistics • 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 movements, and transportatio
Slide 20: TCI Seaways Division: Key Operational Highlights
TCI Seaways Division: Key Operational Highlights Figures in Mn Particulars Q4 FY21 Q4 FY20 Gr% FY21 FY20 Gr% Avg per MT Fuel cost Revenue 1204 978 23.1% 3692 3443 7.2% 60000 50000 EBDITA 434 308 40.9% 1150 1088 5.7% 40000 Rs./ MT % to Revenue 36.0% 31.5% 31.1% 31.6% 30000 EBIT 305 225 35.8% 735 753
Slide 21: TCI's Joint Ventures
TCI’s Joint Ventures Figures in Mn FY21 (FY20) Revenue 3239 (1890) 363 (258) 3596 (4449) Y-o-Y Growth 71% (-0.1%) 40.6%(372.8%) -19.2% (-16%) PAT 33.1 (8.6) 6.7(0.1) 196 (251) Capital Employed 336 (188) 379 (268) 2573 (2383) Strategic Partner’s Share 49% 20% 51% Operates on asset-light model Cold ch
Slide 22: Financial Highlights
Financial Highlights CONSOLIDATED STANDALONE Figures in Mn. Q4FY21 FY21 Q4FY21 FY21 Revenues 9,060 28,300 8,088 24,888 34.3% YoY 3.4% YoY 27.9% YoY 2.1% YoY EBDITA 1,094 3,060 954 2,823 54.0% YoY 7.0% YoY 47.6% YoY 7.9% YoY ^693 1,647 531 *1,490 PAT 91.4% YoY 7.5% YoY 68.8% YoY 9.2% YoY © 2021 TCI ^
Slide 23: Consistent performance: Key financial Indicators
Consistent performance :Key financial Indicators in n. Debt – Equity Ratio Return on Capital Employed 0.8 0.68 15,000 12,861 13,477 13054 24% 0.63 11,409 0.6 0.54 12,000 10,147 18% 0.43 9,000 In Mn 0.4 15.4% 16.1% 14.7% 12% 6,000 14.0% 12.3% 0.22 6% 0.2 3,000 - 0% 0 FY17 FY18 FY19 FY20 FY21 Capital
Slide 24: Market Summary
Market Summary Market Cap on 31 Mar 21 Rs Mn. 19749 Shareholding Pattern as on 31st March 2021 Debt Rs Mn. 2416 11% 5% PROMOTORS Enterprise Value Rs Mn. 21912 2% INDIAN PUBLIC P/E Nos 14.6 2% EV/EBITDA Nos 7.8 FOREIGN HOLDINGS 13% 52 Week High Rs/share 280 67% BODY CORPORATE 52 Week Low Rs/share 145
Slide 25: Corporate Governance: Social Responsibility
Corporate Governance: Social Responsibility HSE HEALTH ENVIRONMENT HSE ENVIRONMENT HEALTH HEALTH SAFETY • Ensuring environment-friendly • 22 healthcare centers across 11 states SAFETY • Conducted on a national level, over workplaces - Hubs, Warehouses, SAFETY • Artificial limb center served 2112 14
Slide 26: Corporate Governance: Moving together, growing together
Corporate Governance: Moving together, growing together Mission-critical Vaccine & Oxygen Thought Leadership Logistics across India Joint Study Reports Thus far, TCI Yodhas have delivered: (https://www.tcil.com/tcil/study-reports.html) • Over 8000 tonnes of Liquid Medical Oxygen (LMO) • 3 editions o
Slide 27: Outlook for FY22
Outlook for FY22 • Revenue growth of 15% & PAT growth of 20% • Keep tight control on receivables and Working capital • Aggressive capex plan to capture next Actual FY21 F ̏21 FY22 (FY07 toFY21 Est. F ̏21 Actual FY22Budgeted Actual cycle of growth FY20) Est. (FY07 to Actual Budgeted FY20) Hub Centers
Slide 28: Cautionary Statement
Cautionary Statement Statements in this “Presentation” describing the Company’s objectives, estimates, expectations or predictions may be “forward looking statements” within the meaning of applicable securities laws and regulations. Actual results could differ materially from those expressed or impl
Transport Corporation of India — FY2021 Earnings Presentation on 6ix