Adani Enterprises Limited · NSE:ADANIENT
Adani Enterprises — Q1 FY22 Earnings Presentation
36 slides from Adani Enterprises's earnings presentation, August 2021
Slide 1: Adani Enterprises Ltd Q1 FY22 Performance Highlights
Adani Enterprises Ltd Q1 FY22 Performance Highlights
Slide 2: Content
Content 01 Group Profile 02 Company Profile 03 Business Outline – Incubating Businesses 04 Business Outline – Established Businesses 05 Operational and Financial Highlights 06 Appendix 2
Slide 3: Group Profile
Group Profile 3
Slide 4: Adani Group: A world class infrastructure & utility portfolio
Adani Group : A world class infrastructure & utility portfolio Adani Transport & Logistics Energy & Utility • Marked shift from B2B to Portfolio Portfolio B2C businesses – • ATGL – Gas distribution 63.4% 100% 75% 57.5% network to serve key APSEZ SRCPL ATL AGEL geographies across Port & Logistics Rai
Slide 5: Adani Group: Decades long track record of industry best growth rates across sectors
Adani Group: Decades long track record of industry best growth rates across sectors Port Cargo Throughput (MMT) Renewable Capacity (GW) Transmission Network (ckm) CGD7 (GAs8 covered) 12% 132% 45% 20% 3x 5x 3x 30% 1.5x 4% 25% 7% Industry APSEZ Adani Industry AGEL Adani Industry ATL Industry Industry
Slide 6: Adani Group: Repeatable, robust & proven transformative model of investment
Adani Group: Repeatable, robust & proven transformative model of investment Phase Development Operations Post Operations Origination Site Development Construction Operation Capital Mgmt Activity • Analysis & market • Site acquisition • Engineering & design • Life cycle O&M • Redesigning the capital
Slide 7: Company Profile
Company Profile 7
Slide 8: AEL: A Successful Incubator
AEL : A Successful Incubator Successful Incubator Value to Shareholders Capital Management • Created five infrastructure unicorn • Delivered returns at 32% CAGR since • Robust Leverage Profile with Debt to Value Creation since inception listing in 1994 equity ratio of 0.8x as on March 21 • Demerged
Slide 9: Incubation story so far: Creating infrastructure unicorns
AEL : Incubation story so far > > Creating infrastructure unicorns AEL 2007 2009 2015 2018 2018 APSEZ APL ATL AGEL ATGL USD 18 Bn USD 5 Bn USD 13 Bn USD 19 Bn USD 13 Bn Demerged from 2015 Demerged from 2018 • A successful incubator since 1994 • Created five infrastructure unicorns and the process co
Slide 10: AEL and its Incubation Portfolio
AEL : Tried & tested model poised for growth AEL and its Incubation Portfolio Resources* Transport & Logistics Utility Strategic Mining Rail / Data IRM Airports Road Water Solar Mfg Services Metro Centre Adani Adani Global FZE Incubating new wave of Infrastructure & Utility Assets Wilmar Ltd Adani G
Slide 11: Business Outline – Incubating Businesses
Business Outline – Incubating Businesses 11
Slide 12: Airport segment
AEL : Airport segment Network Effect Portfolio of 8 Airports - Serving ~ 20% of total passenger base Platform Integrated International Gateway Multi modal transport + hub Regional Network City-center airports Audience of One - Consumer Segments Jaipur Guwahati Passengers 5.0 Mn Lucknow 5.4 Mn 5.4 Mn
Slide 13: Adani Airports Strategy
AEL : Adani Airports Strategy Gateway-Feeder airport Airside Strategy Landside Strategy International Pax Domestic Pax Route Development Terminal Development Middle-East Network Strength Passenger flow Hub and Spoke Network • Leveraging Network • Urban Turbine Design Europe Development Synergies • E
Slide 14: Adani Airports – Operational Update Q1 FY22
AEL : Adani Airports – Operational Update Q1 FY22 (For four Operational Airports) 3.5 Mn Passengers 44,614 Air Traffic 1,62,858 MT of handled Movements Cargo handled ▪ Passenger and Aircraft movements impacted due to lower airline movements on account of restricted air travel ▪ Passengers and Aircra
Slide 15: Roads Segment
AEL : Roads Segment Portfolio of 10 projects with construction / maintenance of roads of 450+ Kms Our Strategic Focus — Long term cash yielding assets with concession period of 15 to 20 years — Target Large EPC Projects with substantial technical complexity and with huge growth BPRPL PRSTPL NPRPL 53
Slide 16: Roads - Large, Geographically Diversified Portfolio
AEL : Roads - Large, Geographically Diversified Portfolio Locked in Growth Project Model Completion status of Under Construction Projects 22% 88 11 Kms of Kms 56% 154 Kms 71% Roads 343 Kms 68 constructed in 341 Kms Kms 78% Q1 FY22 vs 8 44% Kms in Q1 FY21 29% Under Development BPRPL SKRPL MRRPL Under
Slide 17: Data Center
AEL : Data Center Empowering Digital India with a Platform of Hyperscale to Hyperlocal Data Center (DC) Solutions with Strong Partnership Focused on developing and operating new data centers in multiple markets inside India Mumbai Highly scalable facility with OPGW Largest Private Largest Private fi
Slide 18: Business Outline – Established Businesses
Business Outline – Established Businesses 18
Slide 19: Established Business snapshot: Solar Manufacturing, Natural Resources
AEL : Established Business snapshot Solar Manufacturing Natural Resources ➢ 100% Contracted Capacity in Mining Services ➢ Total Mining portfolio of 125+ MMT; Operational mines having peak capacity of 46 MMT ➢ Leadership with 50% market share in Mining Services State of art facility of 1.5 GW premium
Slide 20: Operational and Financial Highlights
Operational and Financial Highlights 20
Slide 21: Summary on Operational Updates - Q1 FY22
AEL : Summary on Operational Updates - Q1 FY22 Businesses Established (YoY) Developing Passenger volumes stood at 3.5 Mn Mining Production volumes increased by Airports ATMs stood at 44,614 Services 114% at 4.7 MMT Cargo stood at 1,62,858 MT Solar Volumes increased by 247% to 271 11 Kms of Road Cons
Slide 22: Key Consolidated Financials – Q1 FY22
AEL : Key Consolidated Financials – Q1 FY22 (Rs Cr) Revenue EBIDTA PAT Attributable to Owners 12,307 Total Revenue 1,026 Total EBIDTA Total PAT Q1 22 – 12,731 Q1 22 – 948 607 Q1 22 – 271 Q1 21 – 5,502 Q1 21 – 301 Q1 21 – 30 5,502 301 30 - -336 424 - -78 - Q1 FY22 Q1 FY21 Q1 FY22 Q1 FY21 Q1 FY22 Q1 F
Slide 23: Financial Highlights of key segments – Q1 FY22
AEL : Financial Highlights of key segments – Q1 FY22 (Rs Cr) Solar Mfg. Mining Services IRM Airports Revenue Revenue Revenue ➢ Entered in Airports 574 9086 416 segment in Q3 FY21 623 212 3099 ➢ Revenue for Q1 FY22 Q1 FY22 Q1 FY21 Q1 FY22 Q1 FY21 Q1 FY22 Q1 FY21 stood at Rs. 107 Cr and Increase in re
Slide 24: Adani Wilmar [50:50 JV]: Steady overall performance
AEL : Adani Wilmar [50:50 JV]: Steady overall performance (Rs Cr) Revenue EBIDTA PAT 11369 473 207 435 7580 176 Q1 FY22 Q1 FY21 Q1 FY22 Q1 FY21 Q1 FY22 Q1 FY21 Q1 FY21 Revenue was Q1 FY22 impacted by PAT impacted by lower EBIDTA impacted by Covid Pandemic commodity M2M loss and increase in raw mater
Slide 25: Appendix
Appendix 25
Slide 26: Developing Business - Adani Airports
AEL : Developing Business - Adani Airports Operational Details Airports Passengers (In Mn) ATM (Nos) Cargo (MT) Q1 FY22 Q4 FY21 Q1 FY22 Q4 FY21 Q1 FY22 Q4 FY21 Ahmedabad 0.7 1.6 8,386 16,897 5,760 4,850 Lucknow 0.5 1.0 5,187 8,605 2,971 3,566 Mangaluru 0.1 0.3 1,694 3,206 -- -- Mumbai 2.2 5.1 29,347
Slide 27: Developing Business - Roads and Water project updates
AEL : Developing Business - Roads and Water project updates Concession Period Project Length / Type Project Name State (in Years) Project Status Model Capacity (Const + O&M) Bilaspur Pathrapali HAM 53.3 Kms Chattisgarh 2 + 15 78% completed Suryapet Khammam HAM 58.6 Kms Telangana 2.5 + 15 44% complet
Slide 28: Established Business - Mining Services
AEL : Established Business - Mining Services Quantitative Details Quantities in MMT Mine Q1 FY22 Q1 FY21 ROM Dispatch ROM Dispatch Parsa Kente 3.1 3.1 2.0 2.2 GP III 0.4 0.5 0.2 0.3 Talabira II and III 0.5 0.5 0.0* 0.0* Kurmitar 0.7 0.5 -- -- Total 4.7 4.6 2.2 2.5 Actual quantity is 0.02 MMT 28
Slide 29: Established Business - Mining Services updates
AEL : Established Business - Mining Services updates Type of Project Mine Capacity State Customer (Owner) Project Status Parsa East Kente Basen 15 MMT Chattisgarh RRVUNL Gare Pelma III 5 MMT Chattisgarh CSPGCL Operational Talabira II & III 20 MMT Odisha NLCIL Parsa 5 MMT Chattisgarh RRVUNL Coal Mini
Slide 30: ESG Key Focus Areas
ESG Key Focus Areas Sr Mining Services Solar Mfg No. 1 Efficient use of water and energy Conservation of Natural Resources 2 Reduction of emission levels Waste Management 3 Zero tolerance for fatalities at sites Safety 4 Faster reclamation of de-coaled areas 30
Slide 31: ESG performance (March-21) - Mining Services
AEL : ESG performance (March-21) - Mining Services 12 % ↓* 2.5 % ↓* Emission Intensity Energy Intensity Water Intensity 0.20 tCO2/MT 5624 GJ/MMT 187 Litres / MT 99% 6.48 Lakh 3797 Ha - C Afforestation Waste Managed through Trees Planted 261 Ha - Reclamation 5R Terrestrial Waste Management CA Land &
Slide 32: ESG performance as on March 21 - Solar Mfg
AEL : ESG performance as on March 21 - Solar Mfg Natural Resource Conservation ◼ Rooftop Solar plants helped to substitute ~5% of Power requirement ◼ Energy Conservation initiatives helped to achieve 18% reduction in Specific Power Consumption vs FY 20 (KwH/MW) ◼ 21% reduction in Specific Consumptio
Slide 33: Delivering Best in Class Environmental Compliances in Solar Mfg
AEL : Delivering Best in Class Environmental Compliances in Solar Mfg(Mar-2021) STP Treated Water 100 120 100 ETP Treated Water 100 100 80 80 60 60 40 28 30 40 11 9.1 14 14 15 20 7.18 7.12 20 6.5 - 8.5 7.61 11.2 0 0 pH@25°C Total Suspended Biomedical Oxygen pH @ 25 ° C Total Suspended Fluoride (as F
Slide 34: Social philosophy - Showcasing social initiatives at Parsa site
AEL : Social philosophy - Showcasing social initiatives at Parsa site Achieving UN-Sustainability Development Goals… ... through our initiatives with Adani Foundation UN-Sustainable Development Goal Adani Foundation Project Project Annapurna : Organic Project Unnayan : Women Farming Empowerment No P
Slide 35: Governance Philosophy
AEL : Governance Philosophy Ethics & Integrity • Independent Board – 50% of the Board comprises of Independent Directors • Audit Committee headed by Independent Director • Establishment of Corporate Responsibility Committee of the board to provide assurance for all ESG commitments Risk Assessment •
Slide 36: Disclaimer
Disclaimer Certain statements made in this presentation may not be based on historical information or facts and may be “forward-looking statements,” including those relating to general business plans and strategy of Adani Enterprises Limited (“AEL”),the future outlook and growth prospects, and futur