Agarwal Industrial Corporation Limited · NSE:AGARIND
Agarwal Industrial — H1 FY2024 Earnings Presentation
24 slides from Agarwal Industrial's earnings presentation, Nov 24, 2023
Slide 1: Agarwal Industrial Corporation Limited
AGARWAL INDUSTRIAL CORPORATION LIMITED Petrochemicals (Manufacturers & Traders of Bitumen & Bituminous Products) © Logistics for Bitumen & LPG © Wind Mills. AGARWAL GROUP CIN NO.: L99999MH1995PLC084618 November 24, 2023 To, To; BSE Limited National Stock Exchange of India Limited Corporate Relations
Slide 2: India's Largest Private Sector Bitumen Logistic Company
AGARWAL INDUSTRIAL CORPORATION LIMITED INDIA’S LARGEST PRIVATE SECTOR BITUMEN LOGISTIC COMPANY (Infrastructure Ancillary - Transport & Logistics) (NSE: AGARIND | BSE: 531921)
Slide 3: Safe Harbour
SAFE HARBOUR This presentation and the accompanying slides (the “Presentation”), which have been prepared by Agarwal Industrial Corporation Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscrib
Slide 4: Consistent Volume Growth
CONSISTENT 25+ YEARS OF 7 MANUFACTURING 7 SALES NETWORK 2000+ SATISFIED 5 COUNTRIES VOLUME GROWTH EXCELLENCE FACILITIES LOCATIONS CUSTOMERS SERVED YEAR ON YEAR 7 BULK STORAGE 650+ 20+ PRODUCTS 1000+ 3 KEY TERMINALS FLEET SIZE* IN PORTFOLIO TEAM SIZE* SUBSIDIARIES Fleet size count relates to entire A
Slide 5: Management Perspective
MANAGEMENT PERSPECTIVE We are happy to report that AICL has continued to demonstrate phenomenal results in the H1FY24 compared to H1FY23. We have reported a 7.13 % year-on-year (YoY) jump in consolidated revenue from operations at Rs 860.67 crores. Our EBIDTA has increased by 14.99 % at Rs. 70.79 cr
Slide 6: Financial Highlights
FINANCIAL HIGHLIGHTS CONSOLIDATED H1FY24 HIGHLIGHTS CONSOLIDATED Q2FY24 HIGHLIGHTS • Revenue from Operations at INR 860.67 crore, up by 7.13% • Revenue from Operations at INR 231.91 crore, up by 4.18% v/s v/s H1FY23 Q2FY23 • EBITDA at INR 70.79 crore, up by 14.99 % YoY with margin • EBITDA at INR 28
Slide 7: Growth in Every Segment
GROWTH IN EVERY SEGMENT SEGMENT WISE REVENUE (CONSOLIDATED) (Rs. in Lakhs) PARTICULARS H1FY23 H1FY24 GROWTH YOY % Ancillary Infra (Bitumen & Allied products) 65,865.96 69,338.50 5.27% Bitumen Vessel Logistics 8,352.27 10,261.31 22.86% Petroleum Products 3,636.16 3,654.70 0.51% Logistics 3,190.01 3,4
Slide 8: Robust Financial Snapshot
ROBUST FINANCIAL SNAPSHOT 6812.83 1606.8 48550 4.56% 424000 6025.77 385000 1565.13 28650 4.48% 4043.36 1263.55 12150 320000 3.98% EBITDA (BITUMEN & VOLUME OF BITUMEN EBITDA PER MT TON (BITUMEN & VOLUME OF BITUMEN PAT MARGIN ALLIED PRODUCTS) (IN MT TONS) ALLIED PRODUCTS) (IN ₹'S) VESSEL ( MT. TONS) (
Slide 9: Robust Financial Snapshot
ROBUST FINANCIAL SNAPSHOT !"!#$ ! 14457.67 3409.83 10950.57 2844.30 7290.70 2278.34 EBITDA EBITDA PER MT TON (IN ₹'S LACS) (IN ₹'S) FY21 FY22 FY23 STABLE PAT MARGIN OF ~ 4.56% 08
Slide 10: Continuous Strengthening of Vessel to Support Core Bitumen Business
CONTINUOUS • The economies we achieve with own fleet of bitumen logistic vessels and road transport vehicles enable us to outbid competitors, secure STRENGTHENING OF tenders and ensure high standards of supply and service to our customers VESSEL TO SUPPORT • One Additional vessel MT Anjaneya with cap
Slide 11: India's Largest Integrated Player in Transporting Bitumen
INDIA’S LARGEST Integrated infra-ancillary company focused on bitumen. Market-leading position in bitumen built on INTEGRATED presence throughout the supply chain with 9 Bitumen logistics vessel of 54050 MT. ton of Capacity 650+ PLAYER IN Fleet Size Consisting of 350+ Bitumen Tankers & 300+ LPG Tank
Slide 12: Continuing Market Leadership in Bitumen in India
CONTINUING MARKET LEADERSHIP CAGR – 39.59% (Rs. in Lakhs) IN BITUMEN IN INDIA 160199 202408 90550 INDIA’S LARGEST 78910 BITUMEN COMPANY 53223 IN PRIVATE SECTOR 2018-19 2019-20 2020-21 2021-22 2022-23 FINANCIAL YEAR REVENUE 11
Slide 13: Industry Facts
INDUSTRY FACTS ROAD NETWORK SIZE IN LAC KM China India USA BITUMEN CONSUMPTION VS DOMESTICS PRODUCTION • Rising consumption with 68.00 63.72 YEAR BIT CONSUMPTION REFINERY PRODUCTION IMPORTS constant production creating opportunities for AICL. Constant 2013-14 5007 4773 234 production with increasing
Slide 14: Large Entry Barriers
LARGE ENTRY BARRIERS Agarwal building capacity y-o-y across India in manufacturing and terminal storage. • 9 bitumen vessels • 7 Manufacturing facilities PACHPADARA • 7 Sales network location • 7 Bulk storage terminals Efficiently utilizing 30500Mt of Storage Capacity VADODARA PLANT HALDIA PORT • La
Slide 15: Story Through Charts
STORY THROUGH CHARTS REDUCING WORKING IMPROVING DECREASING DEBT YOY EPS STRENGTHENING CAPITAL DAYS ROCE MARGINS TO EQUITY RATIO GROWTH THE BALANCESHEET 58 22.52% 0.66 63.78 40370.98 20.34% 0.54 51.1 0.51 0.50 39 17.92% 29456.19 16.43% 0.34 39.51 28 19610.38 27 25 14.65% 24.91 15750.57 13.11 13353.21
Slide 16: We Are Among Asia-Pacific High Growth Companies
WE ARE AMONG ASIA-PACIFIC HIGH GROWTH 2022 2023 RANK 299 198 COMPANIES High Growth High Growth Companies Companies Top 100 Asia-Pacific Top 50 Asia-Pacific SMEs in 2021 2018 India 2017 15
Slide 17: Our Pillars of Strength
OUR PILLARS OF STRENGTH Shri Jaiprakash Shri Ramchandra Shri Mahendra Shri Lalit Agarwal Vipin Agarwal Agarwal Agarwal Agarwal Whole Time Director CFO Managing Director Whole Time Director Director (Executive, Non ---- (Executive, Non (Executive, Non (Non Executive, Independent Director) Independent
Slide 18: Balanced Board with Experience & Expertise
Board Demographics Highly Engaged Board Actively involved in AICL's Strategic transformation. BALANCED Meetings During 2 Board Committee H1FY 2024 8 Member Board BOARD WITH 63 Median Age of Board Highly Experienced Board to Chair Committees EXPERIENCE • Audit Committee • Stakeholders Relationship Co
Slide 19: Consolidated Profitability Statement
CONSOLIDATED PROFITABILITY STATEMENT (Rs. in Lakhs) QUARTER ENDED SIX MONTHS ENDED YEAR ENDED PARTICULARS 30.09.2023 30.06.2023 30.09.2022 30.09.2023 30.09.2022 31.03.2023 UNAUDITED UNAUDITED UNAUDITED UNAUDITED UNAUDITED AUDITED Income Revenue from operations 23,191.24 62,875.96 22,259.95 86,067.20
Slide 20: Consolidated Statement of Assets & Liabilities
CONSOLIDATED STATEMENT OF ASSETS & LIABILIITES (Rs. in Lakhs) UNAUDITED AUDITED UNAUDITED AUDITED PARTICULARS AS AT AS AT PARTICULARS AS AT AS AT 30.09.2023 31.03.2023 30.09.2023 31.03.2023 Assets Equity Non-current assets Equity share capital 1,495.78 1,495.78 Property, plant and equipment 38,850.7
Slide 21: Consolidated Cash Flow Statement
CONSOLIDATED CASH FLOW STATEMENT (Rs. in Lakhs) UNAUDITED UNAUDITED AUDITED PARTICULARS 6 MONTHS ENDED 6 MONTHS ENDED YEAR ENDED 30.09.2023 30.09.2022 31.03.2023 CASH FLOW FROM OPERATING ACTIVITIES Net Profit/(Loss) before tax 5,020.50 4,558.05 10,976.04 Operating Profit Before Working Capital Adjus
Slide 22: Consistent Dividend Yield Creating Shareholders Wealth
CONSISTENT 25.00% DIVIDEND 2.5 2 20.00% YIELD CREATING 1.8 18.00% SHAREHOLDERS WEALTH (In Rs.) THE COMPANY HAS CONSISTENTLY PAID OUT DIVIDEND CREATING WEALTH MAXIMIZATION FOR DIVIDEND DIVIDED OF FACE VALUE % SHAREHOLDERS. FY21 FY22 FY23 21
Slide 23: Synopsis
SYNOPSIS INVESTING FOR GROWTH Incremental Bitumen Vessel Addition Company to continue growth trajectory along with incremental THE COMPANY IS GUIDING ROCE through investments and operational efficiencies. TO ACHIEVE A VOLUME OF 5 LACS MT IN FY24, COMPARED TO 4.24 LACS MT IN THE PREVIOUS YEAR WHICH IS
Slide 24: Agarwal Industrial Corporation Limited
Agarwal Industrial Corporation Limited Address: “Eastern Court”, 201/202, Plot No. 12, V.N. Purav Marg, S.T. Road, Chembur, Mumbai – 400 071 Website: www.aicltd.in Contact Person : Vipin Agarwal, CFO Email: vipin@aicltd.in | Tel No.: +91-94490-01313 This presentation contains “forward looking statem