Adani Total Gas Ltd. · NSE:ATGL
Adani Total Gas — Q1 FY2024 Earnings Presentation
42 slides from Adani Total Gas's earnings presentation, Aug 1, 2023
Slide 1: Cover letter to stock exchanges
1st August, 2023 BSE Limited National Stock Exchange of India Limited P J Towers, Exchange plaza, Dalal Street, Bandra-Kurla Complex, Bandra (E) Mumbai – 400001 Mumbai – 400051 Scrip Code: 542066 Scrip Code: ATGL Dear Sir, Sub: Submission of Media Release and Investor Presentation on Unaudited Finan
Slide 2: Media Release: Adani Total Gas Q1FY24 Results
Media Release Adani Total Gas Q1FY24 Results CNG stations increased to 467 PNG consumers increased to 7.35 lakhs Volume increased by 8% - YoY Highest ever Quarterly EBITDA - INR 255 Cr, up by 12% -YoY EDITOR’S SYNOPSIS Operational Highlights Q1FY24 (Standalone): ➢ CNG Stations now increased to 467,
Slide 3: Standalone Operational and Financial Highlights
Award ➢ ATGL won the FICCI Road Safety Award, 2022, in the category of ‘Outstanding Commitment in Road Safety by Corporates at a conference organized by the Federation of Indian Chambers of Commerce and Industry (FICCI) in New Delhi Ahmedabad, 1 August 2023: Adani Total Gas Ltd (“ATGL”), India’s lea
Slide 4: Results Commentary Q1 FY24 (Y-o-Y)
Results Commentary Q1 FY24 (Y-o-Y) ➢ CNG Volume increased by 18% Y-o-Y on account of reduction in CNG prices along with network expansion of CNG stations ➢ PNG Volume has decreased by 6% Y-o-Y due to lower offtake by consumers due to lower alternative fuel prices ➢ Despite increase in volume, Revenu
Slide 5: Adani Total Gas Limited Q1FY24
Adani Total Gas Limited CGD | e-Mobility | Biomass Q1FY24 Earnings Presentation
Slide 6: Contents
Contents Safety First at ATGL 01 ATGL Promoters Profile a Adani Group b TOTAL Group 02 About Adani Total Gas Ltd (ATGL) Operational and Financial Performance – 03 Q1FY24 04 Sustainability Update 05 Investment Rationale Annexure
Slide 7: Health & Safety: A Precondition to Work in ATGL
Health & Safety : A Precondition to Work in ATGL Ensures Zero Fatality through robust safety measures & programs Safety Awareness Risk Management Culture Approach Safety Strategy Sync to Incident Management Business Strategy Personal Safety Safety Audits Asset Integrity & Process Safety Reliability
Slide 8: About Adani Group
01a About Adani Group
Slide 9: Adani: A World Class Infrastructure & Utility Portfolio
Adani: A World Class Infrastructure & Utility Portfolio Flagship Infrastructure & Utility Core Portfolio Primary Industry Emerging B2C Materials, Metal & Incubator Energy & Utility Transport & Logistics Direct to consumer Mining (67.7%) (56.3%) (68.3%) (62.9%) (100%) (63.2%) AGEL AESL APSEZ AEL NQXT
Slide 10: Adani Portfolio: Decades long track record of industry best growth
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 Growth 4x EBITDA 70% 1,2 EBITDA 92% 1,4 AEL Growth 3x Growth 1.4x APSEZ AGEL ATGL EBITDA 91% 1,3,5 EBITDA 19% 1,3 Ad
Slide 11: Adani Portfolio: Repeatable, robust & proven transformative model
Adani Portfolio: Repeatable, robust & proven transformative model of investment Phase Development Operations Post Operations Center of Excellence Project Management & Assurance Group AIMSL* Policy -Strategy - Risk Origination Site Development Construction Operation Capital Mgmt Activity • Analysis &
Slide 12: About Total Group
01b About Total Group
Slide 13: A Broad Energy Company
A Broad Energy Company • TotalEnergies is a broad energy company committed to providing energy that is ever more affordable, clean, reliable and accessible to as many people as possible. • More energy, fewer emissions: that is the dual challenge we must meet with our customers, stakeholders and soci
Slide 14: Strengths and Key Figures
Strengths We are present across the entire 100,000+ people representing 160 nationalities We are active in more than 130 value chain, from production to and 740+ professions countries distribution A diversity which is decisive for our competitiveness and attractiveness $36.2bn More than in adjusted
Slide 15: About Adani Total Gas Limited
02 About Adani Total Gas Limited
Slide 16: ATGL: Overview
ATGL : Overview Cutting across Touching Presence across 74.8% 52* GAs 124 14 % Promoter Holding Districts Population Business Structure ATGL Presence 37.4% Adani Total 37.4% across India Gas ATGL has a 100% 50% geographically 100% 100% 50% diversified ATEL IOAGPL SMTPL Gas portfolio in CGD ATBL CGD
Slide 17: ATGL: India's largest private CGD player well positioned for industry leading growth
ATGL: India’s largest private CGD player well positioned for industry leading growth Pan India presence Strong Promoters Infrastructure Growth 52 Geographical Areas Adani & Total Energies2 (37.4% each) Commissioned 19 GAs GAs spread pan India across 124 Provides significant synergies in both 15+ yea
Slide 18: ATGL: Strong Growth with Financial Discipline
ATGL : Strong Growth with Financial Discipline All Fig in INR Crs except ratios Gross Debt to Net Fixed Assets Net Fixed Assets EBITDA 907 3906 INR 2936 Crs of 19% Assets Addition 374 0.32 0.35 970 FY18 FY23 FY18 FY23 FY18 FY23 PAT Gross Debt Net Debt to EBITDA 530 1372 1.11 INR 1062 Crs of 0.77 25%
Slide 19: ATGL's Offerings
Consumer Segments – Core , Sticky & Sustainable ✓ 24X7 continuous supply ✓ Regular Safety Checks ATGL’s ✓ Quick Service ✓ Safe, clean and green supply chain Offerings ✓ Response to Customers MSME Commercial CNG Domestic Penetration is fast but the Penetration is gradual along Large savings against G
Slide 20: SOUL – Automation, Digitalization and Innovation
SOUL – Automation, Digitalization and Innovation , way of Life at ATGL Platform for Emergency Response Standardization Management of Systems and Processes GIS SCADA VTS Key Operations Solar Monitoring Asset Life cycle Management Digital Platform Gas Balancing for all ATGL Operations Customer Delight
Slide 21: My Adani Gas App: Digitalization for Consumers
0 My Adani Gas App : 360 Digitalization for Consumers New PNG Connection Quick Bill Pay Name Transfer e-KYC After Sales Service Faster Response Time Complaint Registration Meter Reading Submission Status of Application Chatbot Auto Save Data Payment Available in 24 x 7 Customer Support Hindi | Engli
Slide 22: ATGL – Operational and Financial Performance – Q1FY24
03 ATGL – Operational and Financial Performance – Q1FY24
Slide 23: Operational and Financial Highlights – Q1FY24 – Y-o-Y
Operational and Financial Highlights –Q1FY24 – Y-o-Y CGD - Operational Highlights ➢ CNG Stations increased to 467, Added 7 CNG stations, with 88 being CODO/DODO stations ➢ Steel pipeline network increased to ~ 11,124 inch-km ➢ 7.28 Lakh PNG Home Connection, 23928 homes connected to PNG ➢ PNG Commerc
Slide 24: Infrastructure Update: As on 30 June 2023
Infrastructure Update : As on 30 June 2023 CNG Stations Steel Network in Inch-Km 467 11124 460 10888 7 New CNG ~ 236 Inch –Km stations added pipeline was laid in Q1FY24 in Q1FY24 31-Mar-23 30-Jun-23 31-Mar-23 30-Jun-23 Break up of CNG Stations PNG Connections No of Household (Lakhs) Commercial Indus
Slide 25: Infrastructure Update incl. JV – IOAGPL
Infrastructure Update - incl. JV – IOAGPL : As on 30 June 2023 CNG Stations Steel Network in Inch-Km 737 748 19173 19732 11 New CNG ~ 559 Inch –Km stations added pipeline was laid in Q1FY24 in Q1FY24 31-Mar-23 30-Jun-23 31-Mar-23 30-Jun-23 PNG Connections No of Households (Lakhs) No of Industrial Co
Slide 26: Volume & Gas Sourcing – Q1FY24 – Y-o-Y
Volume & Gas Sourcing – Q1FY24 - Y-o-Y Volume in MMSCM Gas Sourcing Update CNG PNG 128 • Government of India notified APM floor price 18% 74 6% 70 109 @4$/MMBTU and Ceiling price @6.5$/MMBTU for FY24 and FY25 • A nominal increase of 0.25$/MMBTU will be applied to both floor and ceiling post 2 years
Slide 27: Key Financials – Q1FY24 – Y-o-Y
Key Financials –Q1FY24 - Y-o-Y All Fig in INR Crs Revenue From Operations EBITDA 1110 1135 255 228 2% 12% Y-o-Y Comparison ➢ Revenue from operations has increased marginally due to reduction in sales price as ATGL passed through the reduction in Domestic Gas prices as per the revised pricing formula
Slide 28: Adani TotalEnergies E-Mobility Limited (ATEEL)
Adani TotalEnergies E-Mobility Limited (ATEEL) Glimpse of EV Charging Points Strategy and Focus Areas • By virtue of owning the retail space and customers for CNG stations, it is a strategic fit to venture into Jaipur Airport, Rajasthan Electric mobility charging business • Plan to set up over 3000
Slide 29: Adani TotalEnergies Biomass Limited (ATEBL)
Adani TotalEnergies Biomass Limited (ATEBL) Phase 1 • ATEBL will be focusing on tapping the huge potential on Project Site at Barsana Compressed Bio-gas and generation of organic Fertilizer across various location in India • ATEBL to focus on MSW and Non-MSW segment and develop Plants with best of s
Slide 30: ESG Framework & Sustainability Update – Q1FY24
04 ESG Framework & Sustainability Update – Q1FY24
Slide 31: ATGL – Embarking towards Robust ESG Framework
ATGL -Embarking towards Robust ESG Framework United Nations Sustainable GRI Standards Global Compact Development Goals Guiding principles Guiding TCFD SBTi CDP disclosure Policies principle Policy Driven Governance Focus Areas (UNSDG) • Environment Policy • GHG emission reduction E • Environment Man
Slide 32: Greenmosphere: Creating Low Carbon Society
Greenmosphere : Creating Low Carbon Society Biodiversity Park Technique Miyawaki forest Location: Ahmedabad ET Global’s Annual 2.2 Lakh+ Gas Awards in 2022 Sapling Planted “Best ESG Initiative of the year” Impact CO2 Eqv. = 3000+ (MT/Annum) Area Covered O₂ Eqv. = 1536 (MT/Annum) 10+ Hectares 28 ADAN
Slide 33: SDG Mapping for all the activities
SDG Mapping for all the activities Water Resource Management and Stewardship Decarbonisation of Fleets Aspire to become water Neutral by 2030 100% running on CNG Rainwater Harvesting , Water Audits Solarisation Greenmosphere (Low Carbon Society Initiative) Target at 1.2MW 2 Lakhs+ Trees & 120 school
Slide 34: Sustainability Highlights: Q1FY24
Sustainability Highlights : Q1FY24 Certifications Water Harvesting Decarbonization of Plan Fleets • Partnered with Confederation • Water audit conducted at of Indian Industry (CII) to 100 % LCVs contracted are CNG several sites of ATGL Powered phase out usage of single use • 100 water meter installe
Slide 35: Rationale for Investment
adani Gas Rationale for Investment
Slide 36: Investment in CGD and Allied Business for Value Creation
Adani Total Gas : Investment in CGD and Allied Business for Value Creation Adani Total Gas CGD Licenses CGD Licenses Focus on Diversification by exploring opportunities in Adjacent Businesses to bring 9th Round 10th Round 11th Round wider offering to our consumers – Existing GAs CGD Bidding CGD Bidd
Slide 37: Our path of Growth with Goodness
0 Our path of Growth with Goodness – 360 Adani Total Gas : One of the Largest CGD player poised to leverage growth opportunity The Ten-Fold Approach will Strengthen the Company’s preparedness to address opportunities with de-risked speed Building a Better Tomorrow through Expanding our Horizons to p
Slide 38: Annexure
adani Gas Annexure
Slide 39: ATGL: Income Statement Summary – Standalone
ATGL : Income Statement Summary – Standalone INR Crs Quarter Ended Year Ended Particulars 30-Jun-23 31-Mar-23 30-Jun-22 31-Mar-23 Revenue from Operations 1135 1197 1110 4683 Operating Expenses 793 891 785 3392 Administrative & other Expenses 95 111 107 421 Total Expenditure 887 1002 892 3813 Op.EBID
Slide 40: ATGL: Income Statement Summary – Consolidated
ATGL : Income Statement Summary – Consolidated INR Crs Quarter Ended Year Ended Particulars 30-Jun-23 31-Mar-23 30-Jun-22 31-Mar-23 Revenue from Operations 1135 1197 1110 4683 Operating Expenses 793 891 785 3392 Administrative & other Expenses 95 112 107 422 Total Expenditure 888 1002 892 3814 Op.EB
Slide 41: Legal Disclaimer
Legal Disclaimer Certain statements made in this presentation may not be based on historical ATGL assumes no responsibility to publicly amend, modify or revise any forward- information or facts and may be “forward-looking statements,” including those looking statements, on the basis of any subsequen
Slide 42: Thank You
THANK YlewU