Transport Corporation Of India Limited · NSE:TCI
Transport Corporation Of India — Q3 FY23 Earnings Presentation
26 slides from Transport Corporation Of India's earnings presentation, Jan 30, 2023
Slide 1: Exchange intimation cover letter under Regulation 30
30th January, 2023 Listing Department, Listing Department, 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 00
Slide 2: Earnings Presentation Q3 FY23
Earnings Presentation Q3 FY23 30th January 2023
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) 1009(9M 2021-22) 1353(9M 2022-23) Containers management Yards & Termina
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: Consolidated Revenue
Key Highlights Consecutively highest quarter ever amidst a continued uptick in economic activities and high- frequency indicators. Company’s well-diversified service offerings, sectorial presence, and adherence to core business fundamentals have helped in tapping growth opportunities Market li
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: Core competencies and capabilities
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 Q3 FY23 Q3 FY22 Gr% 9M FY23 9M FY22 Gr% 80% 69% Revenue 4044 3540 14.2% 11753 9810 19.8% 67% 67% 65% 64% 70% 60% 60% EBDITA 197 174 13.0% 508 440 15.6% 50% 40% % to Revenue 4.9% 4.9% 4.3% 4.5% 33% 33% 35% 36% 40% 31% EBIT 187
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 : 1000 Yards man
Slide 16: TCI Supply Chain Division: Key Operational Highlights
TCI Supply Chain Division: Key Operational Highlights Figures in Mn Particulars Q3 FY23 Q3 FY22 Gr% 9M FY23 9M FY22 Gr% Revenue 3186 2635 20.9% 9460 7464 26.7% Storage Area under Management EBDITA 294 268 10.0% 878 776 13.2% % to Revenue 9.2% 10.2% 9.3% 10.4% EBIT 187 155 20.9% 563 431 30.6% Warehou
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 Q3 Q3 9M Fuel Price per MT Particulars Gr% 9M FY22 Gr% FY23 FY22 FY23 100000 Revenue 1588 1415 12.2% 4198 3790 10.8% 80000 EBDITA 642 655 -2.0% 1743 1647 5.9% 60000 INR/MT % to Revenue 40.4% 46.3% 41.5% 43.4% 40000 EBIT 458 539 -15.0% 12
Slide 20: TCI's Joint Ventures
TCI’s Joint Ventures Figures in Mn 9M FY23 (FY22) Revenue 2251 (3010) 456 (587) 4906 (4670) Y-o-Y Growth 3.0% (-7.1%) 5.8% (62.5%) 42.5% (29.9%) PAT 37.6 (56.1) 23.0 (27.60) 643 (540) Capital Employed 446 (419) 387 (336) 2931 (2924) Strategic Partner’s Share 49% 20% 51% Operates on asset- Cold chain
Slide 21: Financial Highlights
Financial Highlights CONSOLIDATED Figures in Mn STANDALONE 30000 19.0% 30000 28214 21.7% 25000 24000 25914 23713 Revenue 20000 18000 21300 15000 15.5% 18.7% 12000 10000 9737 5000 8430 6000 9097 7664 0 0 9M FY22 9M FY23 Q3 FY22 Q3 FY23 9M FY22 9M FY23 Q3 FY22 Q3 FY23 4000 10.7% 4000 17.2% 3500 3500 3
Slide 22: Consistent performance: Key financial Indicators
Consistent performance: Key financial Indicators Figures in Mn EV/EBIDTA Return on Capital Employed 12 11.0 11.0 10.1 10 1561 40% 8.0 1500 32% 8 1348 1337 6.0 1286 1305 6 1250 24% 23.8% 24.4% 4 16% 1000 16.1% 14.7% 2 14.0% 8% 0 750 0% FY19 FY20 FY21 FY22 9MFY23 FY19 FY20 FY21 FY22 9M FY23 Capital Em
Slide 23: Market Summary
Market Summary Particulars UOM 31st Dec 22 Shareholding Pattern as on 31st Dec 2022 Market Cap Rs Mn. 47,986 Debt Rs Mn. 557 4% 1% 2% Enterprise Value Rs Mn. 47,577 11% 13% P/E Nos 15 EV/EBITDA Nos 10 52 Week High Rs/share 858 69% 52 Week Low Rs/share 527 350% 20% 300% 17.3% # 16.9% 18% 250% PROMOTO
Slide 24: Corporate Governance: Social Responsibility
Corporate Governance: Social Responsibility E S G Environmental Governance Social शयसन पर्यावरण सयमयजिक • Eco-friendly workplaces, Solar Panel use • Road safety and health initiatives across 8 at warehouses. states impacted more than 1.5 Mn people • Strong and diverse Board • Multimodal Solutions: p
Slide 25: Future Outlook
Future Outlook • Demand momentum to continue in the coming quarter though at a slower pace than expected • Headwinds of the global recession, distressed rural demand, and the impact on domestic manufacturing, commodity prices, and export sector due to the sudden reopening of China. • Revenue and Pro
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 — Q3 FY23 Earnings Presentation on 6ix