Agarwal Industrial Corporation Limited · NSE:AGARIND
Agarwal Industrial — Q1 FY2022 Earnings Presentation
33 slides from Agarwal Industrial's earnings presentation, Aug 17, 2021
Slide 1: Investor Presentation for the quarter ended June 30, 2021
Petrochemicals (Manufacturers & Traders of Bitumen & Bituminous Products) ¢ Logistics for Bitumen & LPG © Wind Mills. CIN NO.: L99999MH1995PLC084618 a AGARWAL INDUSTRIAL CORPORATION LIMITED AGARWAL GROUP August 17, 2021 To, To, BSE Limited National Stock Exchange of India Limited Corporate Relations
Slide 2: Agarwal Industrial Corporation Limited
AGARWAL INDUSTRIAL CORPORATION LIMITED (NSE: AGARIND | BSE; 531921) 5
Slide 3: Market Leader in Bitumen
MARKET LEADER IN BITUMEN WE ARE INDIA’S LARGEST BITUMEN COMPANY IN PRIVATE SECTOR LARGEST PRIVATE PLAYER OF BITUMEN IN INDIA Bitumenis a dense, highly viscous, petroleum-based hydrocarbon that is obtained as a residue during distillation of crude oil. We have been at the forefront of developing inno
Slide 4: World Class Logistics Infrastructure Resulting in Integrated Operations
WORLD CLASS LOGISTICS INFRASTRUCTURE BESLLTING IN INTEGRATED The economies we achieve with own fleet of marine vessels and road transport vehicles enable us to outbid _ | competitors, secure tendersand ensure high standards of supply and \ service to our customers. We own five large marine vessels h
Slide 5: Huge Bulk Storage Terminals
‘let size count relates to entire Agarwal Group |
Slide 6: Slide 6
Slide 7: State of the Art Manufacturing Facilities
STATE OF THE ART MANUFACTURING FACILITIES Our six state-of-the-art manufacturing facilities produces a broad range of standardized and customized bitumen products, all adhering to strict international standards. Belgaum Hyderabad Guwahati “Owned by Wholy Owned Subsidiary
Slide 8: We Are an Integrated Petrochemical Company Focussed on Bitumen
WE ARE AN INTEGRATED PETROCHEMICAL COMPANY FOCUSSED ON BITUMEN Our market-leading position in bitumen is built on a presence throughout the supply chain with own range of logistical assets and infrastructure. Our strong liquidity and risk management discipline, gives us a robust financial base and t
Slide 9: Revenue Mix by Segment
87% PETROCHEMICALS (BITUMINOUS PRODUCTS) 8% SHIPPING & CHARTERING SERVICE 5% TRANSPORTATION 0.4% OTHERS (UNALLOCABLE) 01% WINDMILL Percentage calculation is prior inter-segment revenue
Slide 10: Scaling to New Altitude with Exponential Business Growth
23.6x SCALING TO - NEW ALTITUDE WITH EXPONENTIAL BUSINESS GROWTH 10.8x 7.8X. 7.3xX 5.9x 47x 3.2x F.Y. 2009-10 = be 5x RS. 38 CR x | 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 REVENUE FROM OPERATIONS REVENUE GROWTH (23.6 TIMES) SINCE FY 2010
Slide 11: Leading the Way with Fully Integrated Operations
— LEADING THE WAY WITH FULLY INTEGRATED OPERATIONS 25+ Years of 6 Manufacturing 7 Sales Network 2000+ Satisfied Excellence Facilities Locations Customers 7 Bulk Storage 650+ 20+ Products 5 lakh+ MT. Terminals Fleet Size* in Portfolio Bitumen handled per year 5 Countries 3 Key 1000+ Served Subsidiari
Slide 12: Bitumen: The Core of Our Business
BITUMEN THE CORE OF OUR BUSINESS The Core of our business is manufacturing and sale of bitumen products. Our wide range of innovative bitumen products is designed to help meet the challenges of road, roofing and insulating materials. Our bituminous product range includes Viscosity Grade bitumen, Ind
Slide 13: Our Logistics Network Sets Us Apart from the Competition
Bharat Petroleum Our logistics network is what sets us apart from the competition. requirements as well as operate as a separat center to provide LPG and-Bitumen transportation to third party clients which enables us to deliver products on time and at a competitive cost, without relying on third par
Slide 14: Derisking Business Model by New Revenue Streams
DERISKING BUSINESS MODEL. BY NEW REVENUE STREAMS Chartering & Vessel Service Service started in F.Y. 2019-20, through our Wholly Owned Subsidiary Company,” for external clients. “ Revenue from Chartering & Vessel Service doubled in FY21 to Rs. 69.51 crores. Current marine fleet comprises of five ves
Slide 15: Development: Power Generation through Windmill
DEVELOPMENT POWER GENERATION THROUGH WINDMILL Keeping in view of the likely shortage of energy resources in future, we have diversified business into Non-Conventional energy generation by installing two wind mills at Jaisalmer, Rajasthan and one at Dhulia, Maharashtra. The electricity generated thro
Slide 16: Milestones & Expectations Ahead
Took over Setup fifth facility Setup Manufacturing Setup first Storage & Bitumine at Hyderabad unit at Guwahati Manufacturing xCochin Started import Started operations facility in Pvt.Ltd. facility in Karwar at Mangalore Taloja New Milestones & Expectations ahead
Slide 17: Expansion through Acquisition
EXPANSION THROUGH ACQUISITIOR In alandmark move to expand our bitumen transportation business, we undertook the strategic decision to acquire 100% stake in Agarwal Translink Private Limited in April 2021, which is engaged in bitumen transportation business.
Slide 18: Recession Resistant Industry Enabling Stability & Sustainability
RECESSION RESISTANT INDUSTRY ENABLING STABILITY & SUSTAINABILITY & The growth of India bitumen market is majorly driven by increase in road and building construction activities. Bitumen is processed into asphalt for road construction. Despite pandemic and lockdown, India has constructed 12,205 km of
Slide 19: Key Growth Drivers in the Industry
KEY GROWTH DRIVERS IN THE INDUSTRY SERIES OF INITIATIVES The Government, through a series of initiatives, is working on policies to attract significant investor interest. A total of 200,000 km of national highways is expected to be completed by 2022. SUBSTANTIAL EXPENDITURE PLANS In December 2020, t
Slide 20: We Are Among Asia Pacific High Growth Companies
WE ARE AMONG ASIA PACIFIC HIGH GROWTH COMPANIES High Growth Companies Asia-Pacific 2021 Nigel | ET Asia —_ Top 100 SMEs in India 2017 $0 eh Sa fn ie SKOCH ORDER-OF-MERIT ai rns GROWTH CHAMPIONS 2021 sins 1 ' 1 | | INDIAS | | i i | High Growth Companies Asia-Pacific FINANCIAL TIMES
Slide 21: All-Time Commitment
AGARWAL INDUSTRIAL CORP. LI, ALL-TIME COMMI FORTUNE tte NT
Slide 22: Bitumen Supplier Partner to World Record Holder
BITUMEN SUPPLIER PARTNER TO WORLD RECORD HOLDER In May’21, Rajpath Infracon Pvt. Ltd., a Pune based construction Company, has set a world record by constructing a 39.69 km road in the Satara District, (Maharashtra) in short time of 24 hours. We have been appreciated for our contribution in making re
Slide 23: Increasing International Presence and Brand Building
Increasing international presence Company aims to acquire more vessels through its Subsidiary Company for increasing its international presence in Bitumen logistics. Focus on brand building & marketing initiatives Company has plans to continue investing in various brand building & marketing initiati
Slide 24: Management and Directors
Jaiprakash Agarwal Ramchandra Agarwal Lalit Agarwal Vipin Agarwal Mahendra Agarwal Managing Director Whole Time Director Whole-time Director CFO Non-Executive Director 40+ years of Experience 40+ years of Experience 50+ years of Experience 15+ years of Experience 35+ years of Experience
Slide 25: Financial Snapshot
FINANCIAL SNAPSHOT Balance Sheet Equity statement = 976 = aoe o - —— om — —_ — -_ o o 1 ivy _ “ea rw a vv W " bed ———— rier |v) =
Slide 26: Exponential Growth in Revenues and Profitability
EXPONENTIAL GROWTH IN REVENUES AND PROFITABILITY (Rs in Lakhs) Total Revenue EBITDA PAT CAGR 31.9% CAGR 28.6% CAGR 90,482 “8% 7,291 \ ' \ \ \ \ \ | \ 4,053 \ \ \ \ \ ' \ FY2017 FY2018 FY2019 FY2020 FY2021 FY2017 FY2018 FY2019 FY2020 FY2021 FY2017 FY2018 FY201I9 FY2020 FY2021 EBITDA Margins Profit Af
Slide 27: Immense Value Creation for Shareholders Over the Years
IMMENSE VALUE CREATION FOR SHAREHOLDERS OVER THE YEARS RETURN ON CAPITAL EMPLOYED (ROCE) % AVERAGE RETURN ON EQUITY (ROE) % 22.9% 15.8 4.2% NET WORTH i i} 15,751 ' toss ta 15:35 | 2,993 i} 1 810 i} i} i} FY2017 FY2018 FY2019 FY2020 FY2021 FY2018 FY2019 FY2020 FY2021 Based on Consolidated Financial R
Slide 28: Consolidated P&L Statement
CONSOLIDATED P&L STATEMENT Quarter Ended Year Ended STH ag) glFY22 QaFY21 OnFY2I FY2I FY20 Revenue from Operations 40,794 45,333 14,745 90,390 78,703 Other Income 129 28 45 92 208 Total revenue 40,923 45,361 14,790 90,482 78,910 Direct Expenses 34,908 38,577 11933 72,843 65,430 Gross Profit 6,016 6,
Slide 29: Standalone P&L Statement
STANDALONE P&L STATEMENT Quarter Ended Year Ended STH ag) glFY22 QaFY21 OnFY2I FY2I FY20 Revenue from Operations 36,429 42,654 13,416 83,329 75,160 Other Income 265 200 127 500 385 Total revenue 36,694 42,854 13,542 83,829 75,545 Direct Expenses 33,559 38,535 11,928 7171 65,372 Gross Profit 3,334 4,
Slide 30: Revenue Segmentation
REVENUE SEGMENTATION ee PETROCHEMICALSA (BITUMINOUS TRANSPORTATION WINDMILL PRODUCTS) 69,959 Lis 168 : 164 46,604 5,815 6.13 143 35,508 24,440 99 1 I i} if 1 I i} i} 123 i} 1 I i i} i} FY2017 FY2018 FY2019 FY2020 FY2021 SHIPPING & CHARTERING SERVICE OTHERS (UNALLOCABLE) il 6,951 ton 3427 oH ' Note -
Slide 31: Consolidated Balance Sheet - Assets
CONSOLIDATED BALANCE SHEET - ASSETS ASSETS Non-Current Assets Property, Plant & Equipment Capital WIP Investment Property Right of Use Goodwill Financial Assets Total Current Assets Investments Inventories Trade receivables Cash and Cash Equivalents (including bank balances) Loans and other financia
Slide 32: Balance Sheet - Equity & Liabilities
BALANCE SHEET - EQUITY & LIABILITIES EQUITY & LIABILITIES EQUITY Equity Share Capital Other Equity Total Non-Current Liabilities Borrowings Lease Liabilities Provisions and Deferred Tax Liabilities (Net) Total Current Liabilities Borrowings Trade Payables Other Current liabilities and Lease liabilit
Slide 33: 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 DISCLAIMER ‘This presentation contains “forward lg