Antony Waste Handling Cell Ltd. · NSE:AWHCL

Antony Waste Handling Cell — Q4 FY2022 Earnings Presentation

36 slides from Antony Waste Handling Cell's earnings presentation, May 27, 2022

  1. Slide 1: Exchange intimation letter for investor presentation

    CIN: L90001MH2001PLC130485West) ‐ 400601Phone: 022 – 4213 0300 | Email: info@antonyasia.com | Website: www.antony‐waste.com Ref.: AW/SEC/NSE/2022‐23/21 Date: May 27, 2022 To, Listing Department National Stock Exchange of India Limited Exchange Plaza, 5th Floor, Plot No.C‐1, Block G, Bandra‐Kurla Com

  2. Slide 2: Antony Waste Handling Cell Limited Investor Presentation – May 2022

    Antony Waste Handling Cell Limited Investor Presentation – May 2022

  3. Slide 3: Safe Harbor

    Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Antony Waste Handling Cell Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe fo

  4. Slide 4: Leading Player in the Indian MSW Management Industry

    Leading Player in the Indian MSW Management Industry Market Leadership Operational Excellence Strong Financial Performance 2nd Largest 31% Rs. 667 crs. Largest Player Domestically Single location waste processing Revenue CAGR Revenue plant in Asia; (FY19-22) (FY22) Processing ~60% 25% Rs. 173 crs Ov

  5. Slide 5: Industry Dynamics

    Industry Dynamics India’s Waste Management Industry has enormous growth potential On average India practices higher open dumping vs global average Waste Management Industry (FY20 est.) Compost Recycled Global Indian 10% 5% Compost Rs. Rs. W2E 13% 18% 23,000 50 bn bn Size of Domestic Waste Landfill S

  6. Slide 6: Presence Across Value Chain

    Presence Across Value Chain Municipal Solid Waste Generation Collection & Transportation Only ~25-30% of the MSW generated in India is Transfer Station (Secondary Storage & Segregation) processed Types of Organic Recyclables Inert waste Processing Bio- Reuse/ Composting Gasification Incineration Pyr

  7. Slide 7: Key Milestones

    Key Milestones  Awarded a new Projects  Awarded new C&T project by  Entered the C&T project by Jhansi Smart City  Awarded WTE segment the Nagpur Limited mechanized by entering Municipal  Awarded a new  Awarded a sweeping into a Corporation Bio-mining new C&T project for concession contract by

  8. Slide 8: Our Core Competencies

    Our Core Competencies Access to technology backed vehicles and equipment enables us to manage our Diversified business model operations efficiently A leading service provider Strong track record of project execution Experienced management team with in Municipal Solid Waste strong domain expertise (M

  9. Slide 9: End-to-end waste management capabilities

    End-to-end waste management capabilities… Door to door Transportation Segregation Construction & Recycling Composting Waste to Energy collection Management of Landfills Involves door to Strong C&T Segregation Manages largest Processes waste Organic material is Recyclables door collection of capabili

  10. Slide 10: …with diversified revenue streams…

    …with diversified revenue streams… MSW C&T 62% MSW Processing 23% Contract & Others 15% Revenue Revenue Revenue Contribution Contribution Contribution  Door to door collection through primary  Processing projects involve sorting &  Integrated mechanical and manual collection vehicles segregating

  11. Slide 11: …and a De-Risked business model.

    …and a De-Risked business model. Factors de-risking the business model Revenue from operations Operational Limited (Rs. In Crs) % share in Business C&T of MSW de-risking counter-party risk MSW Processing Projects diversified Targeting 13% 11% Contract & Others 99 21% 18% 15% across activities munici

  12. Slide 12: Experience in Project Execution Across the country

    Experience in Project Execution Across the country Type of Services Pan India Footprint of Projects Ongoing Projects Mechanized MSW MSW C&T Sweeping Processing Cluster based approach Thane Project  Navi Mumbai Project1   Targeting specific clusters to improve efficiency and Mangaluru Project1  

  13. Slide 13: All India Ranking as per Swachh Bharat Survey – 2021

    All India Ranking as per Swachh Bharat Survey – 2021 Ranking 1st 4th 4th 14th 18th NDMC Navi Mumbai NOIDA Thane Jhansi Population <10 Lakhs >10 Lakhs <10 Lakhs >10 Lakhs <10 Lakhs Leading Player in Indian Municipal Solid Waste Management Industry Ranking 19th 23rd 30th 37th Pimpri Chinchwad Nagpur V

  14. Slide 14: One of the largest single location plant in Asia

    One of the largest single location plant* in Asia ~15 Years Project scope 2010-2036 10.30 mmt • Design, Construction, Project Tenure Balance Tenure Since inception of the project operation and till Mar 2022 maintenance of integrated waste ~5,900 Tonnes Rs. 3/unit ~60% management facilities on DBOOT

  15. Slide 15: Waste to Energy - Pimpri Chinchwad Municipal Corporation

    Waste to Energy - Pimpri Chinchwad Municipal Corporation Design, Build, Finance, Operate and Transfer (DBFOT) Location 2019-2040 ~21 Years Project Tenure Balance Tenure (post COD) Customer Project Scope  Rs. 240 crores of total capex  6.2 acres of land will be provided by PCMC  ~800 tons of Munic

  16. Slide 16: Access to Technology Backed Vehicles & Equipment

    Access to Technology Backed Vehicles & Equipment Collection and Transportation Technological Intervention Key equipment vendors Compactor - 279 Small Tipper - 749 Dumper Placer - 39 Power Sweeping Machine - 9 Waste processing technology Big Tipper - 86 Hook Loader - 21 Experienced JV Partner for the

  17. Slide 17: Promoters & Board of Directors

    Promoters & Board of Directors Promoters Jose Jacob Kallarakal Shiju Jacob Kallarakal Shiju Antony Kallarakkal  Age: 48 years  Age: 45 years  Age: 48 years  20 years experience in waste  20 years of experience in waste  Over 20 years of experience in management management automobile sector and

  18. Slide 18: We are a ESG centric Business

    We are a ESG centric Business Environmental Social Governance  Kanjurmarg is a 7500 MT/ day Integrated  Employee training on topics ranging from  Board of 6 members, headed by Chairman & SWM, which has leachate collection pond construction hazards, waste handling, MD, has 3 Independent Directors

  19. Slide 19: Our Strategy

    Our Strategy Capitalize on growth opportunities in Continue with rational selection of Moving up MSW value chain by MSW management sector by Focus on enhancing operational projects and strategically expand our diversifying into emerging waste continued focus on bidding for MSW efficiency geographica

  20. Slide 20: Emerging areas of growth

    Emerging areas of growth  Biomethanation – Anaerobic fermentation of bio-degradable waste in Population Waste Qty Approx. Capex an enclosed space - generates methane rich bio-gas fuel and sludge, used for Treatment option Products (‘000) (TPD) (Rs. lakhs/TPD) making compost  Like composting, biome

  21. Slide 21: Financial Highlights

    3 ANTONY WASTE HANDLING CELL LIMITED

  22. Slide 22: Consolidated Profit & Loss Statement

    Consolidated Profit & Loss Statement Profit and Loss (in Rs. Crs) Q4FY22 Q4FY21 Y-o-Y Q3FY22 Q-o-Q FY22 FY21 Y-o-Y Revenue from MSW C&T 108.4 82.5 109.0 417.2 297.3 Revenue from MSW Processing 37.9 37.4 39.3 150.8 131.9 Total operating Revenue 146.4 119.9 22% 148.3 -1% 568.0 429.2 32% Contract & Oth

  23. Slide 23: Delivering Results despite COVID – 19

    Delivering Results despite COVID – 19 Revenue (Rs. in Crs) EBITDA (Rs. in Crs) Adjusted PAT (Rs. in Crs) 46 42 42 43 26 193 39 24 37 22 34 35 34 20 20 158 166 31 33 18 18 19 150 130 138 27 16 16 117 122 120 127 95 96 11 11 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2

  24. Slide 24: Consolidated Balance Sheet Statement

    Consolidated Balance Sheet Statement Assets (Rs. in Crs) 31-Mar-22 31-Mar-21 Equity & Liabilities (Rs. in Crs) 31-Mar-22 31-Mar-21 Non - Current Assets 618.5 481.1 Total Equity 532.7 442.6 Property Plant & Equipment 114.4 123.9 Share Capital 14.1 14.1 CWIP 8.9 0.8 Reserves & Surplus 402.6 333.7 Righ

  25. Slide 25: Consolidated Cash Flow Statement

    Consolidated Cash Flow Statement Year ended Year ended Particulars (Rs. in Crs) 31-May-22 31-May-21 Net Profit Before Tax 112.7 70.6 Adjustments for: Non -Cash Items / Other Investment or Financial Items 52.9 48.6 Operating profit before working capital changes 165.6 119.2 Changes in working capital

  26. Slide 26: Credit Rating

    Credit Rating Detailed Rationale AWHCL Rating Current Rating Previous Rating • Ratings of Antony Lara Enviro Solutions Private Limited (ALESPL), material subsidiary of the Company continue to reflect: Long term Bank facilities CARE BBB; Stable CARE BBB-; Stable • Extensive industry experience of the

  27. Slide 27: Consolidated Financial Highlights

    Consolidated Financial Highlights PBT before exceptional item Revenue (Rs. in Crs) EBITDA (Rs. in Crs) & EBITDA Margin (%) (Rs. in Crs) & PBT Margin (%) 29.7% 30.0% 18.3% 667 28.3% 16.9% 27.1% 16.1% 25.0% 15.5% 14.7% 99 113 166 140 85 481 130 465 151 71 52 82 89 62 46 46 132 298 133 288 FY18 FY19 FY

  28. Slide 28: Consolidated Profit & Loss Statement

    Consolidated Profit & Loss Statement Profit and Loss (in Rs. Crs) FY22 FY21 FY20 FY19 FY18 Revenue from MSW C&T 417.2 297.3 269.0 166.5 169.3 Revenue from MSW Processing 150.8 131.9 133.2 76.5 60.7 Total operating Revenue 568.0 429.2 402.2 243.0 230.0 Contract & Others 98.7 51.5 62.4 55.5 58.0 Total

  29. Slide 29: Consolidated Balance Sheet Statement

    Consolidated Balance Sheet Statement Assets (Rs. Crs) Mar-22 Mar-21 Mar-20 Mar-19 Mar-18 Equity & Liabilities (Rs. Crs) Mar-22 Mar-21 Mar-20 Mar-19 Mar-18 Non - Current Assets 618.5 481.2 475.8 426.4 300.6 Total Equity 532.7 442.6 299.9 235.4 185.7 Property Plant & Equipment 114.4 123.9 137.9 57.6 4

  30. Slide 30: Consolidated Cash Flow Statement

    Consolidated Cash Flow Statement Particulars (Rs. in Crs) 31-Mar-21 31-Mar-20 31-Mar-19 31-Mar-18 Net Profit Before Tax 112.7 82.0 47.7 48.8 Adjustments for: Non -Cash Items / Other Investment or Financial Items 52.9 54.2 34.7 25.6 Operating profit before working capital changes 165.6 136.2 82.4 74.

  31. Slide 31: Annexures

    Experienced Management Team Antony Waste Handling Cell Limited Annexures 30

  32. Slide 32: Quality Cum Cost Based Bidding Process

    Quality Cum Cost Based Bidding Process Bidding Process  Peruse the RFP  Project area analysis  Actual bidding  Provide project plans,  Compliance with structural/architectura various covenants for  Understand the scope  Feasibility study -  Technical criteria l designs project closure size &

  33. Slide 33: Group structure

    Group structure JV Partner Lara Central De Tratamento De Residuos LTDA, Brazil 27% 73% 100% 100% 100% 100% 51% 49% 73% 25% Collection and Collection, Integrated waste Collection and Mechanical power transportation and Management transportation of transportation of sweeping of roads processing of fac

  34. Slide 34: Our Operations & Facilities

    Our Operations & Facilities Material Recovery Facility Bio-reactor Landfill Gas Collection Composting 33

  35. Slide 35: Abbreviations

    Abbreviations  ALESPL: Antony Lara Enviro Solutions Private Limited  SLF: Sanitary Landfill  AWHCL: Antony Waste Handling Cell Limited  SWM: Solid Waste Management  BN : Billion  TMC: The Thane Municipal Corporation  BLF: Bio-Reactor Landfill  TPD: Ton / Day  C&T: Collection and Transportat

  36. Slide 36: Thank You

    Contact Information Company : Investor Relations Advisor : CIN: L90001MH2001PLC130485 CIN: U74140MH2010PTC204285 Mr. NG Subramanian Mr. Jigar Kavaiya / Mr. Pratik Shah E: investor.relations@antonyasia.com E: jigar.kavaiya@sgapl.net / p.s.shah@sgapl.net T: +91 9920602034 / +91 9870030585 www.antony-w

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