Adani Ports & Special Economic Zone Ltd · NSE:ADANIPORTS
Adani Ports & Special Economic Zone — Shareholder Meeting (June 2024)
27 slides from Adani Ports & Special Economic Zone's shareholder meeting presentation, Jun 24, 2024
Slide 1: Adani Ports and SEZ Limited 25th Annual General Meeting
Adani Ports and SEZ Limited 25th Annual General Meeting 24 June 2024 Presented by : Mr. Ashwani Gupta, CEO
Slide 2: Table of Contents
Table of Contents A Group Profile B APSEZ Company Profile C APSEZ Performance in FY24 D Immense Value Creation E Progressing Towards 2030 2
Slide 3: A Group Profile
adani Ports and Logistics Group Profile
Slide 4: Adani Portfolio: A World class Infrastructure & Utility portfolio
Adani Portfolio: A World class Infrastructure & Utility portfolio Flagship Infrastructure & Utility Core Portfolio Primary Industry Emerging B2C Materials, Metal Direct to Incubator Energy & Utility Transport & Logistics & Mining consumer (100%) (100%) (72.61%) (100%) (50.00%) (100%) (100%) ANIL Ada
Slide 5: Adani Portfolio: Decades long track record of industry best growth with national footprint
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 Growth 4x 6 EBITDA 71% 1,2 EBITDA 92% 1,4 AEL APSEZ Growth 3x 6 Growth 1.4x 6 AGEL Adani’s Core Infra. ATGL Platfo
Slide 6: Adani Portfolio: Repeatable, robust & proven transformative model of investment
Adani Portfolio: Repeatable, robust & proven transformative model of investment DEVELOPMENT OPERATIONS CONSUMERS 1 New C.E.O. Adani Infra (India) Limited (AIIL) Operations (AIMSL) Consumer I Employees I Other Stakeholders Origination Site Development Construction Operation Inspired Purpose & Value C
Slide 7: B APSEZ Company Profile
adani Ports and Logistics APSEZ Company Profile
Slide 8: APSEZ: Transformational business model
APSEZ: Transformational business model Ports SEZ Logistics • National footprint with 15 ports • Largest integrated logistics player in • Large scale ‘ready to setup’ industrial across country’s coastline, & India land (SEZ) Development presence across 4 ports outside India • Rail, Trucking, MMLPs, a
Slide 9: A transport utility with string of ports and integrated logistics network
APSEZ: A transport utility with string of ports and integrated logistics network Movable assets Tugs – 111 Dredgers - 28 Trains – 127 Trucks – 900 E-ITVs – 338 xcvzcxvzxcv Moga Dahej Kanech Kotkapura Kilaraipur Kaithal Panipat One to 15 in two Tauru Dhamora decades Tuna Patli & Samastipur & Kannauj
Slide 10: India's largest private port player, building global presence
APSEZ: India’s largest private port player, building global presence West Coast East Coast Capacity Capacity ~355 MMT ~272 MMT Dahej 16 MMT Tuna 14 MMT Mundra 264 MMT ^Haldia 4 MMT Dhamra Hazira 50 MMT 30 MMT Gopalpur 20 MMT Dighi Gangavaram Container Terminals 8 MMT 64 MMT Bulk Terminals Krishnapat
Slide 11: SEZ business supporting industry growth in backyard of the ports
APSEZ: SEZ business supporting industry growth in backyard of the ports Dhamra Industrial Zone Land Bank: 2,000+ Ha India’s largest SEZ at Mundra Mundra Land Bank 12,500+ Ha Dhamra Krishnapatnam Industrial Zone Krishnapatnam Land Bank: ~2,000+ Ha All land figures are approx. and include Port, SEZ an
Slide 12: Logistics business – asset additions to accelerate
APSEZ: Logistics business – asset additions to accelerate Marine Flotila Rail Tracks Trains MMLPs Grain Silos Warehousing Trucking Assets 540 58 5 0.88 0.4 mn FY20 26 - KMs Trains MMLP MMT Sq. ft. 690 127 12 1.2 2.4 mn 900 FY24 111 Sq. ft. Trucks KMs Trains MMLP MMT 1.3X ~3X ~2.5X ~2X ~8X ~8X ~5.5X
Slide 13: Digital platforms providing end-to-end connectivity
APSEZ: Digital platforms providing end-to-end connectivity • Our Integrated Transport Utility Platform (ITUP) has enabled improved efficiency across different segments of port operations • Our Control and Command Center for the logistics business is enabling volume growth and improved EBITDA margins
Slide 14: C APSEZ Performance in FY24
adani Ports and Logistics APSEZ Performance in FY24
Slide 15: Growing market share
APSEZ: Growing market share All India and APSEZ Cargo Volumes Market Share of APSEZ (%) 30% 27% 25% 20% 10% 15% 10% 5% 1% 0% FY10 FY16 FY11 FY12 FY13 FY14 FY15 FY17 FY18 FY19 FY02 FY05 FY06 FY07 FY03 FY04 FY08 FY09 FY20 FY21 FY22 FY23 FY24 • Market share growth driven by operational excellence, carg
Slide 16: Cargo Volume growth way ahead of the industry
APSEZ: Cargo Volume growth way ahead of the industry APSEZ FY24 cargo growth 3x the industry growth All India and APSEZ Domestic Cargo Volumes 1,600 1,539 1,600 1,539 1,500 1,432 1,500 1,400 1,400 1,282 1,300 1,300 1,200 1,200 1,100 1,100 1,000 973 1,000 900 900 FY23 FY24 FY14 FY19 FY24 All India Ca
Slide 17: Robust cargo growth coupled with diversification
APSEZ: Robust cargo growth coupled with diversification (YoY) FY23 FY24 APSEZ Cargo volume 24% 339.2 419.9 East Coast Volume* Non Mundra Volume* Total MMT MMT 21% 34% 336.6 408.4 26% Domestic MMT MMT 131.7 176.4 181.2 228.9 MMT MMT MMT MMT International 11.5 - MMT APSEZ Container volume 19% West Coa
Slide 18: Logistics business on fast track
APSEZ: Logistics business on fast track FY23 FY24 Rail Volumes GPWIS Volumes 19% 40% 500,446 597,507 14.35 20.10 TEUs TEUs MMT MMT • Total rakes count increased to 127 (Container: 63, GPWIS: 54, Agri: 7, AFTO: 3) from 93 as of FY23 end • MMLP count increases to 12 with the addition of Loni ICD, Valv
Slide 19: Robust financial performance in FY24
APSEZ: Robust financial performance in FY24 (in INR Cr) (YoY) FY23 FY24 Operating Revenue PBT* Net Cash Flow from Operations 28% 55% 26% 20,852 26,711 6,760 10,467 11,900 15,018 Operating EBITDA^ PAT Free Cash Flow# 50% 324% 24% 12,833 15,864 5,391 8,104 1,366 5,791 The Board has recommended a divid
Slide 20: Debt ratios in comfortable zone
APSEZ: Debt ratios in comfortable zone (in INR Cr) Gross Debt, Net Debt & Average Maturity Net Debt to EBITDA 7.0 49,819 6.0 45,453 46,279 3.3 3.0 40,072 3.1 34,401 36,462 31,666 28,472 5.5 2.3 4.6 Mar'21 Mar'22 Mar'23 Mar'24 Net Debt Gross Debt Average Maturity (years) FY21 FY22 FY23 FY24 FFO* / Gr
Slide 21: ESG ratings reflect leadership position
APSEZ: ESG ratings reflect leadership position ▪ Ranked at 96 percentile in the Transportation and Transportation Infrastructure out of 334 companies assessed ▪ Achieved the highest score of 90 (out of 100) on the Environmental pillar amongst all companies assessed ▪ Overall placed in top 95 percent
Slide 22: D Immense Value Creation
dani Ports and Logistics Immense Value Creation
Slide 23: Value creation ahead of key indices
APSEZ: Value creation ahead of key indices NIFTY 50 ₹ 25,000 35% ₹ 20,000 APSEZ ₹ 15,000 ₹ 1,600 ₹ 10,000 ₹ 1,400 ₹ 1,200 ₹ 5,000 88% ₹ 1,000 ₹- 30-May-22 30-May-24 ₹ 800 BSE SENSEX ₹ 600 ₹ 80,000 ₹ 400 32% ₹ 70,000 ₹ 200 ₹ 60,000 ₹ 50,000 ₹- 30-May-22 30-May-24 ₹ 40,000 ₹ 30,000 ₹ 20,000 ₹ 10,000 ₹
Slide 24: E Progressing Towards 2030
adani Ports and Logistics Progressing Towards 2030
Slide 25: Our 5-year ambition (FY24-29)
APSEZ: Our 5-year ambition (FY24-29) Cargo (MMT) Consol. Revenue (Rs Bn) 1,000 655 Our 5-year ambition • Double the cargo volumes CAGR 20% • Ports Revenue and EBITDA growth of >2x 500 • Logistics Revenue and EBIDTA growth ~7x CAGR 267 20% • Overall, APSEZ’s Revenue, EBITDA and 240 CFO to jump betwee
Slide 26: Thank You
adani Ports and Logistics Thank You
Slide 27: 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 Adani Ports and Special Economic Zone Limited (“APSEZL”),the future outlook and grow
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