Adani Enterprises Limited · NSE:ADANIENT
Adani Enterprises — Adani Portfolio — 9M FY23 Earnings Presentation
28 slides from Adani Enterprises's earnings presentation, February 2023
Slide 1: Adani Portfolio 9M FY23 Result Snapshot
Adani Portfolio 9M FY23 Result Snapshot February 2023
Slide 2: Adani Portfolio Overview
01 Adani Portfolio Overview STRICTLY CONFIDENTIAL
Slide 3: Adani Portfolio: A World Class Infrastructure & Utility Portfolio
Adani Portfolio: 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 (72.6%) (60.5%) (73.9%) (66.0%) (100%) (63.2%) AGEL ATL APSEZ
Slide 4: Adani Portfolio: Strong Financial Performance delivered across portfolio
Adani Portfolio: Strong Financial Performance delivered across portfolio − EBITDA of Adani listed portfolio for 9 month FY2023 grew by 57% Y-o-Y to INR 40,269 cr − Core Infrastructure EBITDA registered a growth of 46% Y-o-Y to INR 32,617 cr (81% of Portfolio) − AEL Existing Businesses & FMCG registe
Slide 5: Adani Portfolio: Credit Highlights
Adani Portfolio: Credit Highlights – Adani Portfolio companies operate in utility and infrastructure businesses with more than 81% of EBITDA being generated from core infrastructure businesses providing assured & consistent cash flow generation. – The platform has a strong asset base which has been
Slide 6: Adani Portfolio: Ratings affirmation by international and domestic credit rating agencies
Adani Portfolio: Ratings affirmation by international and domestic credit rating agencies International Credit Ratings: Company Ratings Adani Ports and Special Economic Zone Limited (APSEZ) - APSEZ BBB- (S&P, Fitch) / Baa3 (Moody's) - Adani International Container Terminal Private Limited (AICTPL) B
Slide 7: Adani Portfolio: Business wise Performance
02 Adani Portfolio: Business wise Performance STRICTLY CONFIDENTIAL
Slide 8: Adani Ports and Special Economic Zone Limited: 9M FY23 Highlights
Adani Ports and Special Economic Zone Limited: 9M FY23 Highlights Business Updates − Acquisition of strategic assets: − ICD Tumb integrated with Adani Logistics Ltd (ALL); registered highest ever monthly volumes in Dec’ 22 – loaded terminal − Haifa Port Company, the operator of Israel’s largest port
Slide 9: Adani Ports and Special Economic Zone Limited: Credit Updates
Adani Ports and Special Economic Zone Limited: Credit Updates International Ratings Debt Maturity Profile as on 31 Dec 2022 (INR Cr) Company Rating Cash and cash equivalents1: 6,257 cr 10,989 APSEZ BBB- (S&P, Fitch) / Baa3 (Moody's) Run rate EBITDA2: 13,900 cr Adani International Container 8,106 8,1
Slide 10: Adani Ports and Special Economic Zone Limited: ESG Updates
Adani Ports and Special Economic Zone Limited: ESG Updates FY 25 Targets Key Environmental Initiatives UN SDGs 100% RE share in total electricity − Renewable capacity plan of 250 MW on captive basis being formalized 50% energy intensity and 60% − Options being explored for alternate sources of water
Slide 11: Adani Transmission Limited: 9M FY23 Highlights
Adani Transmission Limited: 9M FY23 Highlights Business Updates − ATL commissioned transmission line length of 371 ckms and transformation − Consumer centricity: capacity of 3,500 MVA in Q3FY23 − E-payment as a % of total collection at 74.87% in Q3FY23 vs. − During the quarter Jam Khambhaliya Transc
Slide 12: Adani Transmission Limited: Credit Updates
Adani Transmission Limited: Credit Updates International Ratings Debt Maturity Profile as on 31 Dec 2022 (INR Cr) Company Rating Cash and cash equivalents1: 3,486 cr ATL USPP BBB- (Fitch, underlying BBB) / Baa3 (Moody's) Run rate EBITDA2: 5,989 cr 8,158 Adani Electricity Mumbai Ltd BBB- (S&P, Fitch)
Slide 13: Adani Transmission Limited: ESG Updates
Adani Transmission Limited: ESG Updates Planned initiatives for integrating environmental, social and governance milestones in our business operations Targets Key Environmental Initiatives UN SDGs − AEML has achieved 28% renewable in power mix as of Nov’22 70% reduction in GHG emission intensity by
Slide 14: Adani Total Gas Limited: 9M FY23 Highlights
Adani Total Gas Limited: 9M FY23 Highlights Business Updates − ATGL has added 48 new CNG stations in Q3FY23 taking total CNG stations to − Increase of geographic spread with contribution of New 382 Geographical Areas (GAs) in volume mix to 21% in 9MFY23 from 16% in FY22 − PNG connections increased t
Slide 15: Adani Total Gas Limited: Credit Updates
Adani Total Gas Limited: Credit Updates Domestic Ratings Debt Maturity Profile as on 31 Dec 2022 (INR Cr) ICRA : AA- / Stable Cash and cash equivalents1: 383 cr Run rate EBITDA2: 870 cr The rating reaffirmation for Adani Total Gas Limited (ATGL) considers its 432 promoters’ strong profile with equal
Slide 16: Adani Total Gas Limited: ESG Highlights
Adani Total Gas Limited: ESG Highlights Planned initiatives for integrating environmental aspects in all our business operations – Reduction in GHG emissions by 50% by 2030 and achieve Net Zero by 2050 Targets Key Environmental Initiatives UN SDGs Plant 2 Lakhs+ Trees, − 1.7+ Lakhs saplings planted
Slide 17: Adani Green Energy Limited: 9M FY23 Highlights
Adani Green Energy Limited: 9M FY23 Highlights Business Updates − AGEL commissioned 1,915 MW renewable projects in 9M FY23, taking the − PPAs signed with SECI for 450 MW wind projects in Q3 FY23 and 50 total operational capacity to 7,324 MW (35% increase) MW solar projects under manufacturing linked
Slide 18: Adani Green Energy Limited: Credit Updates
Adani Green Energy Limited: Credit Updates International Ratings Debt Maturity Profile as on 31 Dec 2022 (INR Cr) Company Rating Cash and cash equivalents1: 4,711 cr AGEL List Co Ba3 (Moody's) Run rate EBITDA2: 7,380 cr 11,729 AGEL RG2 BBB- (Fitch) / Ba1 (Moody's)/ BB+ (S&P) 9,857 9,556 AGEL RG1 BB+
Slide 19: Adani Green Energy Limited: ESG Updates
Adani Green Energy Limited: ESG Updates Progress on initiatives − Pollution control & GHG emission reduction − Bio-diversity management − 11 Mn ton CO2 emission avoided in 9M FY23 − Signed MoU with Rajasthan Government for habitat devt. project for Great Indian Bustard, a critically endangered bird
Slide 20: Adani Enterprises Limited: 9M FY23 Highlights
Adani Enterprises Limited: 9M FY23 Highlights Business Updates − ANIL: − Airports: − Solar New 2.0 GW Capacity Plant - Module line is operational, cell line − Pax movement increased by 40% Y-o-Y to 20.3 Mn in Q3 FY23. and comprehensive project expected COD by March 2023 − On the non-aero business, 1
Slide 21: Adani Enterprises Limited: Credit Updates
Adani Enterprises Limited: Credit Updates International Ratings Debt Maturity Profile as on 31 Dec 2022 (INR Cr) Company Rating MIAL BB+ (Fitch) Cash and cash equivalents1: 5,021 cr Run rate EBITDA2: 8,024 cr 8,658 Domestic Ratings Listed Entities Domestic Rating Agency INR Ratings 4,258 4,155 4,119
Slide 22: Adani Enterprises Limited: ESG Updates
Adani Enterprises Limited: ESG Updates Planned initiatives for integrating environmental, social and governance milestones in our business operations Targets Key Environmental Initiatives UN SDGs Airport and data center − Mumbai Airport: First airport in India to achieve 100% energy from businesses
Slide 23: Adani Wilmar Limited: 9M FY23 Highlights
Adani Wilmar Limited: 9M FY23 Highlights Business Updates − Edible Oil: Under Edible Oils, Mustard Oil is a key focus category (volume − Industry Essentials: grew 50%+ Y-o-Y during Q3) ‘Fortune’ continues to be #1 in ‘Kachi Ghani’ Mustard Oil o Oleochemicals, a forward integration of palm oil refini
Slide 24: Adani Wilmar Limited: ESG Updates
Adani Wilmar Limited: ESG Updates Water Conservation: Efforts towards reducing water waste − ZLD installed at 9 major plants (2900 KL per day) − ZLD ensures recovery & reuse of water Green Energy: Promoting alternative source of power − Successful solar power implementation at 7 plants out of 23 own
Slide 25: Adani Cement Limited: Q3 FY23 Highlights
Adani Cement Limited: Q3 FY23 Highlights Business Updates − Q3FY23 was the first full operational quarter under Adani post − Implementation of efficiencies and synergies with Adani platform: acquisition of Ambuja and ACC shares from Holcim on 15 Sep 2022 − Kiln fuel cost reduced from INR 2.84 /’000
Slide 26: Adani Cement: ESG Updates
Adani Cement: ESG Updates Ambuja Cement Progress on initiatives − Commissioned 53.8 MW of WHRS (Ambuja: 31.4, ACC: 22.4) − TSR improved by 1% in Ambuja Cement and 2% in ACC − Specific Net CO2 emission reduced by 2% in Ambuja and 2.16% in ACC versus previous year − Specific freshwater consumption red
Slide 27: Disclaimer
Disclaimer Certain statements made in this presentation may n o t be based on historical information or facts and may be “forward-looking statements,” including those relating to general business plans and strategy of Adani group, the future outlook and growth prospects, and future developments o f
Slide 28: Thank You
Thank You