Transport Corporation Of India Limited · NSE:TCI
Transport Corporation Of India — FY2024 Earnings Presentation
26 slides from Transport Corporation Of India's earnings presentation, May 16, 2024
Slide 1: Regulation 30 intimation to stock exchanges
16th May, 2024 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 – 400 001 Sc
Slide 2: Earnings Presentation Financial year 2023-24
Earnings Presentation Transport Corporation of India Ltd. Financial year 2023-24 R Everything Logistics
Slide 3: TCI: Consolidated Corporate Overview
TCI: Consolidated Corporate Overview Integrated Strengths TCI 6+ $500+ 2300+ Supply Seaways In Millions Freight Div. Train Chain Div. Div. Decades of movement Experience Revenue 650+ 13K+ TCI CONCOR TCI Cold Chain 8K+ Cold Pallets positions GP Containers ISO Containers 200 Refer Vehicles+ TCI Bangla
Slide 4: Logistics In India: Multi-pronged Impetus
Logistics In India: Multi-pronged Impetus Customer Demand & Industry & Investments Govt. & Policy Market Growth Enablers • Growing Domestic & Foreign • Unprecedented Policy level Customers • Increasing FDI in Logistics Boost with National Logistics • Massive Manufacturing spurt • Swift adoption of q
Slide 5: Company Strategy: Everything Logistics
Company Strategy : Everything Logistics Our Unmatchable Strengths Wide Range Strong Multimodal Technology & Presence Across Of Services Capabilities & Automation Driven High Growth Industry Network Operations Sectors 4 | Everything Logistics®
Slide 6: Wide range of Services under Single Window
Wide range of Services under Single Window LTL/FTL LTL/FTL Verticals Served/ Products Warehousing Warehousing Port Logistics Port Logistics • Automobiles • E-Commerce Freight Forwarding Freight Forwarding • Retail and CP • Chemicals Coastal Shipping Coastal Shipping Services • Industrial & Unlock Bu
Slide 7: Strong Multimodal Capabilities & Network
Strong Multimodal Capabilities & Network Rail Road • Full Rake movements 2300 • 10000+ Trucks under Operation • 3 own AFTO rakes • 25 Strategically placed Hubs • Handling at 60+ Terminals, Railway Sidings, • 65 Yards service last mile for finished goods in plant • Branches covering all districts of
Slide 8: Technology & Automation Driven Operations
Technology & Automation Driven Operations Enterprise Resource Planning Cold Chain Logistics & Warehousing Core Business Freight Exchange & Order Management Rail Logistics Operations Supply Chain Logistics & Warehousing Route Planning & Optimization Costal Shipping FMS, WMS, TMS, VTS,
Slide 9: Presence across High Growth Industry Sectors
Presence across High Growth Industry Sectors capturing most economic activities • Increasing Government spend on infrastructure Engineering and Industrial • Growth in size of GDP • PLI, 100% FDI in select sectors • Increasing Investment in Core sector Metals and Construction Material • Infrastructur
Slide 10: Consolidated Revenue in Mn
Key Highlights Consecutively highest quarter amidst mixed sectorial trends. Remained resilient to mixed sectorial trends with Company’s well-diversified service offerings and multi sectorial presence Net borrowing remained at zero with additional cash surplus 12000 4% 10% 7% 16% 10% 10000 30%
Slide 11: TCI Freight Division: Industry Nature & Trends
TCI Freight Division: Industry Nature & Trends Industry Growth Drivers • USD 180 B Freight Transport Market, • Need for FTL & LTL from a single provider highly fragmented and unorganized • Anywhere to anywhere model • LTL Freight Transport Market, relatively • Control Tower enabled customized Freigh
Slide 12: TCI Freight Division: Our Edge
TCI Freight Division: Our Edge Integrated Surface Transport Solution Full Truck Load (FTL) Hub & Spoke Model 25 strategically located hubs across India that enables Less than Truck TCI Freight to widen its distribution network and Our Load (LTL) enhance reliability in cargo consolidation and Service
Slide 13: TCI Freight Division: Key Operational Highlights
TCI Freight Division: Key Operational Highlights Figures in Mn • Business remained flat with some recovery in Q4. Q4 Q4 • Some impact on Margins and ROCE, counterbalanced Particulars Gr% FY24 FY23 Gr% FY24 FY23 by stable freight rates Revenue • Focus on network expansion to increase LTL segment. 445
Slide 14: TCI Supply Chain Division: Industry Trends
TCI Supply Chain Division: Industry Trends Industry Growth Drivers • Market Size USD 12 Bn • Higher demand for integrated and customized solutions • Relatively less fragmented with higher organized market • Supply chain network optimization especially in warehousing • 3PL Growth CAGR 15% • Growth of
Slide 15: TCI Supply Chain Division: Our Edge
TCI Supply Chain Division: Our Edge 5,500+ • Full-stack integrated offering from Vehicles under Operation Conceptualization, Design, to Owned:1000 execution 65 • High warehouse space utilization by Yards Managed expanding vertically 1250+ 750 MnMn • VAS: labelling, repackaging, order Production Logi
Slide 16: TCI Supply Chain Division: Key Operational Highlights
TCI Supply Chain Division: Key Operational Highlights Figures in Mn • Growth momentum continued amidst mixed Q4 Q4 Particulars Gr% FY24 FY23 Gr% uptrends in automotive, retention and expansion of FY24 FY23 business with existing clients and new business Revenue 3677 3303 11.3% 14502 12763 14% acquis
Slide 17: TCI Seaways: Industry Nature & Trends
TCI Seaways: Industry Nature & Trends Industry Growth Drivers Waterways : Jal Marg Vikas Project 6% of transportation modal mix Rs. 5K+ crore Air Inland Coastal 1% 0% Coastal Shipping to 6% Rail Increase from 86MMT 33% to 215MMT by 2025 Road 60% The Sagar mala Project Rail Road Coastal Air Inland •
Slide 18: TCI Seaways: Our Edge
TCI Seaways: Our Edge Our Services • One of the leading multimodal coastal players Own Multipurpose having presence along the Western, Eastern & Marine Containers Southern ports of India • Expertise in coastal shipping services, container Domestic Coastal & bulk cargo movements, and transportation S
Slide 19: TCI Seaways Division: Key Operational Highlights
TCI Seaways Division: Key Operational Highlights Figures in Mn • WC Freight rates remained weak with an avg. Q4 Q4 Particulars Gr% FY24 FY23 Gr% impact of 22% amid temporary capacity buildup FY24 FY23 and lower fuel prices Revenue 1426 1395 2.2% 5224 5593 -7% • One dry-docking in FY24 Vs 3 in FY25 o
Slide 20: TCI's Joint Ventures
TCI’s Joint Ventures FY24 (FY23) Figures in Mn. Revenue 3456 (3047) 809 (601) 10099 (6920) Y-o-Y Growth 13.4% (1.2%) 34.6% (2.4%) 45.9% (48.2%) PAT 62 (55) 31 (28) 1385 (822) Capital Employed 608 (314) 763 (360) 3373 (3110) Strategic Partner’s Share 49% 20% 51% Operates on asset- Cold chain services
Slide 21: Financial Highlights
Financial Highlights 20 | Everything Logistics®
Slide 22: Consistent performance: Key financial Indicators
Consistent performance: Key financial Indicators Figures in Mn 14.0 EV/EBIDTA 13.0 Return on Capital Employed 12.0 11.0 10.2 15076 50% 16000 13231 13459 10.0 8.0 12690 12631 40% 8.0 6.0 11000 30% 6.0 20% 6000 24.6% 26.1% 24.0% 4.0 10% 14.7% 15.0% 2.0 1000 0% 0.0 FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY
Slide 23: Market Summary
Market Summary Particulars UOM 31st Mar’24 Shareholding Pattern as on 31stMar’2024 3% Market Cap Rs Mn. 63097 11% 2% Debt Incl. Leases Rs Mn. 1318 3% Cash equivalents Rs Mn (714) 13% Enterprise Value Rs Mn. 63701 P/E Nos 19.2 EV/EBITDA Nos 13.0 69% 52 Week High Rs/share 1080 52 Week Low Rs/share 591
Slide 24: Nurturing Sustainable Stewardship
Nurturing Sustainable Stewardship Environmental Social Governance Nurturing Environment for a Health Safety & Empowerment Trust, Dependability & Healthier Planet Societal Impact & Nation Building Resilience • Push towards green logistics via • Road safety and health initiatives • Strong and diverse
Slide 25: Future Outlook
Future Outlook • Overall economic trends were moderate amid mixed sectorial trends this fiscal year. • Key factors to watch out : Monsoon, rural demand recovery, easing of monetary policy , push in public and private capex etc. • Revenue and Profit growth expected to moderate to range of 10-15% Figu
Slide 26: Thank You!
Thank You! Transport Corporation of India Limited TCI House, 69 Institutional Area, Sector 32, Gurugram - 122001 Tel.: +91 - 124 - 2381603-07 E-mail Id: finance.mis@tcil.com CIN: L70109TG1995PLC019116 Online Presence: www.linktr.ee/TCI_Group Online Presence
Transport Corporation of India — FY2024 Earnings Presentation on 6ix