Adani Enterprises Limited · NSE:ADANIENT
Adani Enterprises — Q1 FY25 Earnings Presentation
45 slides from Adani Enterprises's earnings presentation
Slide 1: Adani Enterprises Ltd Earnings Presentation Q1 FY25
Adani Enterprises Ltd Earnings Presentation Q1 FY25
Slide 2: Results at glance
Quarter Ended AEL : Consolidated Financial Highlights (YoY) ` In Crores Results at glance Total Income 13% EBIDTA 48% PBT 107% 4,300 2,236 26,067 23,016 9,342 63% 5,709 2,897 107% 2x 2,667 1,552 1,288 1,080 504 17,307 16,725 1% 1,609 1,633 7% 19% 576 684 Q1-24 Q1-25 Q1-24 Q1-25 Q1-24 Q1-25 Establish
Slide 3: Incubating Business Growth
Quarter Ended AEL : Incubating Business Growth ` In Crores ANIL Airports Roads Green Hydrogen Ecosystem 43% 50% Total Income Total Income Total Income 4,519 Cr +138% 2,177 Cr +27% 2,646 Cr +26% EBIDTA EBIDTA EBIDTA 1,642 Cr +3.6x 682 Cr +33% 343 Cr Emerging Core Infra Businesses contribution to grow
Slide 4: Content
Content 01 02 03 Adani Group Company Business Overview Profile Highlights 04 05 06 Operational Financial ESG Performance Highlights Highlights Appendix
Slide 5: Adani Group Overview
Adani Group Overview
Slide 6: 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 Direct to Incubator Energy & Utility Transport & Logistics & Mining consumer (100%) (100%) (74.72%) (100%) (50.00%) (100%) (100%) Copper,
Slide 7: Adani Portfolio: Decades long track record of industry best growth
Adani Portfolio: Decades long track record of industry best growth with national footprint Secular growth with world leading efficiency National footprint with deep coverage Growth 3x 6 Growth 4x 6 EBITDA 71% 1,2 EBITDA 92% 1,4 AEL APSEZ Growth 3x 6 Growth 1.4x 6 AGEL Adani’s Core Infra. Platform –
Slide 8: Adani Portfolio: Repeatable, robust & proven transformative model of investment
Adani Portfolio: Repeatable, robust & proven transformative model of investment DEVELOPMENT OPERATIONS CONSUMERS 1 New C.E.O. Adani Infra (India) Limited (AIIL) Operations (AIMSL) Consumer I Employees I Other Stakeholders Origination Site Development Construction Operation Inspired Purpose & Value C
Slide 9: Company Profile
Company Profile
Slide 10: AEL: A successful incubator
AEL: A successful incubator Attractive Incubation Record Green Hydrogen Ecosystem Business Model Proven incubation success record Integrated manufacturing for B2B Model Development generating low-cost green hydrogen ANIL Ecosystem, Data Center, Roads Year 2015 > APSEZ, APL & AESL B2C Model Ingots, w
Slide 11: AEL: Portfolio of businesses with long term growth potential
AEL: Portfolio of businesses with long term growth potential AEL Business Portfolio Infrastructure & Utility Core Portfolio Emerging B2C Primary Industry Direct to Metals Energy & Utility Transport & Logistics Services consumer New Industries Food FMCG Mining Services Copper Airports (End to end Gre
Slide 12: Business Highlights
Business Highlights 12
Slide 13: Business Highlights
AEL : Business Highlights ANIL Ecosystem Total Income ❑ ANIL crosses 200th blade production milestone during this quarter ❑ Final Type Certificate for 3 MW WTG received and applied for RLMM listing Data Center ❑ Hyderabad Phase I Data Center crosses 90% completion Airports ❑ During the quarter 8 new
Slide 14: Business Updates
Business Updates 14
Slide 15: Energy & Utility – Adani New Industries Ltd (ANIL)
AEL : Energy & Utility – Adani New Industries Ltd (ANIL) Integrated Manufacturing Plant Capacity Status Solar Cell & Module ▪ Module line operational 2.0 GW (TopCon) ▪ Cell line operational from Mar-24 Cell & Module 2.0 GW ▪ Module & Cell line operational (MonoPerc) Ingot & Wafer 2.0 GW ▪ Operationa
Slide 16: Energy & Utility – Adani New Industries Ltd (ANIL)
AEL : Energy & Utility – Adani New Industries Ltd (ANIL) Capacity Certification Integrated Manufacturing Wind ▪ ISO 9001:2015 (Nacelle Plant) 1.5 GW ▪ IECRE-IEC (for global WTG supply) ▪ Order Book at 254 sets ▪ Q1 FY25 41 sets supplied India’s largest ▪ Working Prototype 2 using ANIL blades capacit
Slide 17: Energy & Utility – Adani New Industries Ltd (ANIL)
AEL : Energy & Utility – Adani New Industries Ltd (ANIL) Integrated Manufacturing Electrolysers Activity Status Manufacturing PLI scheme ▪ Received LoA to set up manufacturing capacity of 198.5 MW ▪ 25 kW prototype based on CRT design • Stack performance test initiated ▪ 10 kW AEM prototype based on
Slide 18: Energy & Utility – ACX (Data Center)
AEL : Energy & Utility – ACX (Data Center) Empowering Digital India with a Platform of Data Status Center Solutions with Strong Partnership Chennai 33 • Phase I 17 MW Operational MW Noida 50 • Completion ~89% > 50 MW Core & Shell + 10 MW MEP MW Noida Hyderabad 48 • Completion ~94% > Phase I of 9.6 M
Slide 19: Transport & Logistics – AAHL (Airports)
AEL : Transport & Logistics – AAHL (Airports) Portfolio of 8 Airports Updates Serving ~ 23% of total passenger base Pax (Mn) ATM (‘000) 22.8 152.1 Jaipur 21.3 141.6 Lucknow 5.0 Mn 8.0 Mn Guwahati 5.6 Mn Q1-24 Q1-25 Q1-24 Q1-25 Ahmedabad 16.8 Mn Cargo (L-MT) Mumbai + Navi 8 New Routes Mumbai* 55.0 Mn
Slide 20: Transport & Logistics – AAHL (Airports)
AEL : Transport & Logistics – AAHL (Airports) Security Check Queue Immigrations 100% 100% 98% 98% 96% 96% 94% 94% 92% 92% AMD LKO IXE BOM JAI GAU TRV AMD LKO IXE BOM JAI GAU TRV Apr May Jun Benchmark Apr May Jun Benchmark Car Parking Check In 100% 100% 98% 98% 96% 96% 94% 94% 92% 92% AMD LKO IXE BOM
Slide 21: Transport & Logistics – ARTL (Roads)
AEL : Transport & Logistics – ARTL (Roads) Portfolio of 14 projects Project Completion Status in 10 projects 5000+ Lane Kms KKRPL 84% 91% Operational NPRPL 75% Construction in progress 81% HAM VBPPL 74% 78% BHRPL BKRPL 60% 68% 151.700 kms UPRPL HURPL 156.800 kms 46% 155.700 kms AVRPL 49% PRSTPL BPRP
Slide 22: Operational Performance
Operational Performance
Slide 23: Operational Performance
AEL : Operational Performance % % Parameters Q1-24 Q1-25 Parameters Q1-24 Q1-25 Change Change Module Sales (MW) 614 1379 125% Production (MMT) 6.3 9.4 49% ANIL Mining Ecosystem WTG Supply (Sets) - 41 #1 Services Dispatch (MMT) 6.4 9.3 47% % Parameters Q1-24 Q1-25 % Change Parameters Q1-24 Q1-25 Chan
Slide 24: Financial Highlights
Financial Highlights
Slide 25: Consolidated Financials Highlights – Q1 FY25
AEL : Consolidated Financials Highlights – Q1 FY25 Corresponding Quarter ` In Crores Income 13% EBIDTA 48% 49% PBT 107% 108% Increase Decrease Total Increase Decrease Total Increase Decrease Total ✓ Growth driven by ANIL Ecosystem, Airports ✓ Increased on account of strong ✓ Increased in line with h
Slide 26: Segment wise Financials – Q1 FY25
Corresponding Quarter AEL : Segment wise Financials – Q1 FY25 ` In Crores Incubating Businesses Established Businesses ANIL Ecosystem Airports IRM Mining services 4519 2177 856 1711 15042 Revenue 11201 608 1898 Q1-24 Q1-25 Q1-24 Q1-25 Q1-24 Q1-25 Q1-24 Q1-25 ✓ Increased on back of strong ✓ Increased
Slide 27: Consolidated Debt Profile
AEL : Consolidated Debt Profile ` In Crores As at March-24 As at Jun-24 Current Debt Current Debt Segment Non-Current Non-Current Working Short Total Working Short Total Debt Debt Capital Term Loan Capital Term Loan ANIL Ecosystem 3,394 616 - 4,010 3,386 641 - 4,027 Airport 19,101 102 2 19,206 21,58
Slide 28: ESG Highlights
ESG Highlights
Slide 29: ESG – Ratings
AEL : ESG – Ratings Ratings Due to controversies surrounding the group, the DJSI CSA base score of 61/100 was adjusted to 49/100 49 which is significantly better than average (2023) industry average score of 20/100 Denotes “Management level” which means CDP - CC B company is taking coordinated actio
Slide 30: ESG Performance Highlights Q1 FY25
AEL : ESG Performance Highlights Q1 FY25 Incubating Businesses Primary Industries ANIL Ecosystem Data Center Mining Services 14% 55% 9% 35% RE in RE in energy mix energy mix Reduction1 in Scope 1 Reduction1 in Scope 2 emission intensity3 emission intensity3 Airports 49% 99% 48% 3% RE in Reduction1 i
Slide 31: Thank You
Thank You
Slide 32: Appendix
Appendix
Slide 33: Energy & Utility – Water
AEL : Energy & Utility – Water Concession Period Project Model Project / Location Capacity Project Status (In Yrs) (Const. + O&M) Prayagraj Water Pvt Ltd (PWPL) / Uttar 326 • Project Status - COD Achieved 2 + 15 Pradesh MLD HAM 45 Bhagalpur Waste Water Ltd (BWWL) / Bihar • Project Status - ~79.9%; 2
Slide 34: Transport & Logistics – AAHL (Airports)
AEL : Transport & Logistics – AAHL (Airports) Volume Details Passengers (In Mn) ATM (In ‘000) Cargo (In Lacs MT) Airports Q1-24 Q1-25 Q1-24 Q1-25 Q1-24 Q1-25 Ahmedabad 2.9 3.1 21.1 23.8 0.2 0.3 Lucknow 1.5 1.5 11.0 12.8 0.0 0.1 Mangaluru 0.5 0.6 3.3 3.9 0.0 0.0 Mumbai 12.5 13.5 77.1 81.3 2.0 2.2 Jai
Slide 35: Transport & Logistics – ARTL (Roads)
AEL : Transport & Logistics – ARTL (Roads) Concession Period Length Project Project Model Project SPV / Location (in Yrs) (KMs) Completion Status (Const. + O&M) Bilaspur Pathrapali Road Pvt Ltd (BPRPL) / Chhattisgarh 53.3 Operational 2 + 15 Suryapet Khammam Road Pvt Ltd (SKRPL) / Telangana 58.6 Oper
Slide 36: Transport & Logistics – ARTL (Roads)
AEL : Transport & Logistics – ARTL (Roads) Concession Period Length Project Project Model Project SPV / Location (in Yrs) (KMs) Completion Status (Const. + O&M) 21 BCPs Maharashtra Border Check Post Network Ltd (MBCPNL) / Maharashtra 24 BCPs Operation; 1.5 + 23 2 COD Achieved Ganga Expressway, Uttar
Slide 37: Primary Industries – Mining Services
AEL : Primary Industries – Mining Services Volume Details in MMT Customer Q1-24 Q1-25 Mine State (Owner) P D P D PEKB Chhattisgarh RRVUNL 2.7 2.5 3.5 2.7 Gare Pelma III Chhattisgarh CSPGCL 0.5 0.9 0.4 1.0 Talabira II & III Odisha NLCIL 2.1 2.1 2.8 2.8 Suliyari Madhya Pradesh APMDC 0.9 0.9 1.5 1.4 Ku
Slide 38: Primary Industries – Mining Services
AEL : Primary Industries – Mining Services Type of Project Mine Capacity State Customer (Owner) SPV Name Parsa East Kente Basen 15.0 MMT Chhattisgarh RRVUNL Parsa Kente Collieries Ltd Gare Pelma III 5.0 MMT Chhattisgarh CSPGCL Gare Pelma III Collieries Pvt. Ltd Talabira II & III 20.0 MMT Odisha NLCI
Slide 39: Primary Industries – Commercial Mining
AEL : Primary Industries – Commercial Mining Type of Project Mine Capacity State SPV Name Gondulpura 4.0 MMT Jharkhand Adani Enterprises Ltd Bijahan 5.3 MMT Odisha Mahanadi Mines and Minerals Pvt Ltd Commercial Mining Madheri Contracts TBD Maharashtra MH Natural Resources Pvt Ltd (Northwest) Purunga
Slide 40: ESG Framework
ESG Framework 40
Slide 41: ESG backed by Assurance
AEL : ESG backed by Assurance Our Key ESG Commitments • No net loss to biodiversity and 100% • Airport and data center businesses to become alignment with IBBI operational net zero by 2030 Guiding • Becoming a net water positive company • Creating shared value for communities through Policies princi
Slide 42: Adopted UN Sustainable Development Goals
AEL : Adopted UN Sustainable Development Goals Our Key Social Initiatives mapped to UNSDG United Nations Women’s Multiple • Own schools, digitalization and up gradation of Sustainable Development Goals 2030 Govt. school to provide cost free education to the Education Locations 1. No Poverty needy. 2
Slide 43: Strong Governance Framework
AEL : Strong Governance Framework Key Governance Areas Key Highlights ESG Governance Structure Board Independence ✓ 50% Independent Directors & Diversity ✓ 12.5% Women Directors Board of Directors ✓ Corporate Responsibility Committee in place with 100% Independent Directors Corporate to provide assu
Slide 44: 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 futu
Slide 45: Thank You
Thank You