Eki Energy Services Ltd. · BSE:EKI
Eki Energy Services — FY2024 Earnings Presentation
39 slides from Eki Energy Services's earnings presentation, May 12, 2024
Slide 1: BSE filing cover letter
May 12, 2024 To, BSE Limited Corporate Relationship Department, Phiroze Jeejeebhoy Towers Dalal Street, Mumbai-400001. Scrip Code: 543284 Symbol: EKI Subject: Investor Presentation. Dear Sir(s), Pursuant to regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Slide 2: EKI Energy Services Limited Investor Presentation FY'24
CARBON NEUTRAL COMPANY EKI Energy Services Limited Investor Presentation FY'24
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by EKI ENERGY SERVICES LIMITED (the “Company’), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any s
Slide 4: Contents
1 Company Overview Contents 2 Financial Performance 3 Key Strategic Initiatives 4 Future Outlook and Business Opportunities 5 Environment and Social Initiatives
Slide 5: Company Overview
COMPANY OVERVIEW SUSTAINABLE BEGINNING
Slide 6: Our Vision
Our Vision Vision Statement 3,500+ Clients 40+ Countries Imagine a ‘Net-Zero’ world. A world where humanity has come together and defeated the climate crisis. Where sustainability is prime consideration in all 200+ Employees human activity. Where, through focused innovation, both technological progr
Slide 7: Our Growth Journey: Celebrating 14 Years of Success
Collaboration with ICL to promote ‘Surya Nutan’, an innovative indoor solar cooking system Our Growth Journey: Celebrating 14 Years of Success 2023 – 24 2022 - 23 o Recognised as Fortune 2022 next 500 companies by Fortune India o Committed to become o Received 3 global awards 2021 net-zero by 2030 f
Slide 8: Business Process for Carbon Credit Development
Business Process for Carbon Credit Development Project Owner role including selection of EKI Validation + Registration Process Verification & Issuance Process Sale of Carbon Credits Client Selection of EKI Project Identification Selection of DOE for Documentation as per Approved Methodology Project
Slide 9: A Truly Global Company With Leading Market Share
A Truly Global Company With Leading Market Share… Global presence … Norway UK Germany Switzerland France Italy Jordan Turkey UAE China USA Dom. Rep. India Ghana Egypt B’desh Mexico Thailand Vietnam Rwanda Costa Rica Kenya Malaysia Singapore Philippines Brazil Malawi Peru Indonesia Botswana South Afr
Slide 10: A Sunshine Industry
A Sunshine Industry Growth Drivers The global carbon credit market traded value was US$978.56 billion in 2022. The market is expected to reach US$2.68 o Increasing regulatory and stakeholder pressure on global corporations to lower emissions. These trends are trillion by 2028 at a CAGR of 18.23% dur
Slide 11: Voluntary Carbon Markets: The Turbulence
Voluntary Carbon Markets: The Turbulence One of the main catalysts behind this downward trend was the tough macroeconomic environment, which led to stagnation on the demand side in late 2022. In 2023 the market scenarios showing further slowdown with 25% reduction in credit issuance in comparison to
Slide 12: Voluntary Carbon Markets: Steps towards Stabilization & Growth
Voluntary Carbon Markets: Steps towards Stabilization & Growth Causes Quality and Integrity Regulatory Russia-Ukraine War Greenwashing Issue Issues Uncertainties Market Correction a) ICVCM and VCMI led market credibility improvement is taking steady steps forward b) Upwards trend of Companies are co
Slide 13: International Clients
International Clients World Bank Group International Monetary The United Nations Siemens AG, Germany Statkraft Energias Fund Office for Project Services Kenya State Electricity Shell, Singapore Volkswagen, Burgos Wind Farm, Bitexco Group Generation Company, Germany Philippines Kenya Pacific Light, X
Slide 14: National Private Sector Clients
National Private Sector Clients Indian Conglomerates MNCs with Indian presence 13 The brand names mentioned are the property of their respective owners and are used here for identification purpose only
Slide 15: National Public Sector Clients
National Public Sector Clients NTPC NHPC Airports Authority of India Indore Smart City Development Oil and Natural Gas Corporation Gail Central Water & Power Research Ordnance Factory Board Balmar Lawrie & Co. Rajasthan State Mines and Station Minerals 14 The brand names mentioned are the property o
Slide 16: Our Association and Empanelment
Our Association and Empanelment International partnerships provides us a platform for product innovation Carbon Markets Association of India Membership with IETA (International (CMAI) Membership with Confederation of Emissions Trading Association) Indian Industry(CII) Federation of Indian Chambers P
Slide 17: Our Association and Empanelment (Cont'd)
Our Association and Empanelment (Cont’d) RECS International I am SME of India Accredited with BEE ESCO INDIA Solar Prosumer Turkey Services Exports Promotion Council Alliance for an Energy Efficient Economy 16 The brand names mentioned are the property of their respective owners and are used here fo
Slide 18: Financial Performance
FINANCIAL PERFORMANCE TOWARDS NET-ZERO
Slide 19: Consolidated Financial Performance – Q4 and FY'24
Consolidated Financial Performance – Q4 and FY'24 Particular (Rs. In Crores) Q4 FY24 Q4 FY23 Q3 FY24 FY24 FY23 Revenue from Operations 77.88 99.80 43.52 263.39 1,286.45 Purchase of stock-in-trade 19.33 144.86 32.80 117.31 1,009.49 Cost of Material Change -0.29 3.36 1.34 1.25 13.42 Changes in Invento
Slide 20: Healthy Inventory and Broad Geographic Footprint of Sales
Healthy Inventory and Broad Geographic Footprint of Sales Stock in hand: ~ 10 Mn Credits (FY 24) Geographic dispersion of Sales: ~ 18 Mn Credits (FY 24) Inventory Monetization Diversified Sales • Even in the sluggish market conditions, EKI could • Geographic footprint of sales continues to remain ba
Slide 21: Key Strategic Initiatives
KEY STRATEGIC INITIATIVES ACCELERATED NEUTRALITY
Slide 22: Key Strategic Initiatives
Key Strategic Initiatives SATISFACTION AND SUSTAINABILITY 1. Strengthening presence across the supply chain KEY TO GROWTH EKI is strengthening backward integration by carbon credit project In addition, the Company is constantly looking development. EKI is also building 360-degree MRV capabilities th
Slide 23: 1. Strengthening Supply Chain: Backward Integration
1. Strengthening Supply Chain: Backward Integration WE ARE THE LARGEST BIOMASS-BASED COOKSTOVE MANUFACTURER IN THE WORLD GHG REDUCTION TECHNOLOGIES PVT. LTD. Strengthening backward integration of carbon credit supply chain through community-based projects Started manufacturing cook stoves in Nashik
Slide 24: A Step Towards Providing a Cleaner and More Sustainable Alternative to Traditional Coal
A Step Towards Providing a Cleaner and More Sustainable Alternative to Traditional Coal GHG REDUCTION TECHNOLOGIES PVT. LTD. GHG Reduction Technologies Private Limited and Thermax Onsite Energy Solutions, Pune, entered into a manufacturing and supply agreement where latter will ensure an uninterrupt
Slide 25: Robust Process For End-to-End Execution Of Community-based Projects
1. Strengthening Supply Chain: Robust Process For End-to-End Execution Of Community-based Projects (1) Monitoring Approach Illustrative evidences 1 Beneficiary data captured digitally: 1 2 Local stakeholder meeting o Identifiers incl. contact number, geo- coordinates, national ID, etc. captured dur
Slide 26: 2. Increasing Brand Presence Through 4-pronged Strategy
2. Increasing Brand Presence Through 4-pronged Strategy 1 Actively shaping the global agenda Building regional networks 2 Participation and speaking opportunities at Participation in reputed events in key geographies for EKI key global events; editorials and perspective sharing in reputed media 25 2
Slide 27: 2. Increasing Brand Presence Through 4-pronged Strategy
2. Increasing Brand Presence Through 4-pronged Strategy Sectoral outreach and relevance Engagement opportunities with target client segments 26 26 The brand names mentioned are the property of their respective owners and are used here for identification purpose only
Slide 28: Partnership in Africa
EKI Energy and Jospong Group Join Forces in a $1 Billion Carbon Finance Partnership in Africa EKI Energy entered into a Memorandum of Understanding (MoU) with Jospong Group Of Companies Ltd. The collaboration aims to lead in sustainability, net-zero services, climate investments and carbon neutralit
Slide 29: ET Energy World
2. Increasing Brand Presence Through 4-pronged Strategy 4 Key partnerships and new ventures ET Energy World EKI Energy Services Ltd. and Indian Oil Corporation Limited (IOCL) forge partnership to promote ‘Surya Nutan’, an innovative indoor solar cooking system, designed and patented by IndianOil’s R
Slide 30: 3. Diversifying our Business
3. Diversifying our Business With an eye towards the future – we have entered into collaborative-strategic partnerships, forayed into new spaces and laid foundation for long term success Established backward integration EKI’s two new subsidiaries - Manufacturing and supply chain of >40% of credits o
Slide 31: Future of the business
Future of the business Positioning in the market as Sustainability Service Experts 1 Elevating our company's market positioning from Carbon Market leadership to a leader in the broader Climate Change Market going beyond carbon offseting, aligning with the comprehensive requirements of corporations i
Slide 32: Path to Long term Success – 4P
Path to Long term Success – 4P Presence – • Clients in more than 40 countries globally including Latin America, Africa, SE Asia & Turkiye • Subsidiaries in Singapore, Dubai, Turkey and Egypt Tech-upgraded and value-added GTM Strategy own credit supply Portfolio of Offerings – chain • Offset portfoli
Slide 33: Outlook and Business Opportunities
OUTLOOK AND BUSINESS OPPORTUNITIES
Slide 34: Developments That Shall Boost EKI's Position In Carbon Markets
Developments That Shall Boost EKI’s Position In Carbon Markets Opportunity EKI’s capability Implementation of the New industry and nation- Quality premium in Paris Agreement’s Article 6 al compliance schemes the voluntary market o New sources of demand for credits: o Provision for trade of emission
Slide 35: Strong Business Outlook and Plans Across Each Verticals
Strong Business Outlook and Plans Across Each Verticals Business unit Strategic Outlook Progress so far (FY23 YTD) Plans for next 12 months o Increase share of supply from community-based, Consultancy o Diversify credit supply o Introduced new range of products: nature-based projects with reported S
Slide 36: Environment and Social Initiatives
ENVIRONMENT AND SOCIAL INITIATIVES
Slide 37: Environment and Social Initiatives
Environment and Social Initiatives Environment Social o Committed to reach ‘Net-Zero’ by 2030: o Plan for social activities developed including: o Undertaking annual GHG footprint calculation o Financial literacy programs for marginalized communities o Committed to UNFCCC Climate Neutral Now o Skill
Slide 38: Glimpse of Environment and Social Initiatives
Glimpse of Environment and Social Initiatives 37
Slide 39: Thank You
THANK YOU EKI Energy Services Limited CIN :L74200MP2011PLC025904 Ms. Itisha Sahu (+91) 731 42 89 086 cfo@enkingint.org cs@enkingint.org