Adani Enterprises Limited · NSE:ADANIENT
Adani Enterprises — Adani Airports Holdings — Investor Presentation (April 2023)
28 slides from Adani Enterprises's investor presentation, Apr 13, 2023
Slide 1: Adani Airports Business Presentation
Growth With Goodness Adani Airports Business Presentation 13th April 2023
Slide 2: Section-I: Adani Airports Overview
Section-I : Adani Airports Overview
Slide 3: Table of Content
Table of Content 1 Industry Overview 2 AAHL : India’s Largest Airport Platform 3 Airport Business Overview 4 Airport Business Strategy 5 MIAL & NMIAL : Twin Airport Ecosystem
Slide 4: Adani Airports: Part of Transport & Logistics Portfolio of Adani group
Adani Airports : Part of Transport & Logistics Portfolio of Adani group Flagship Infrastructure & Utility Core Portfolio Primary Industry Emerging B2C Materials, Metal & Incubator Energy & Utility Transport & Logistics Direct to consumer Mining (69.2%) (57.3%) (71.6%) (61.0%) (100%) (63.2%) AGEL ATL
Slide 5: Indian Aviation Industry
Indian Aviation Industry Airports in India Privatization Non-Aero Potential Factors Driving Indian Aviation: • Rising Middle Class & Total Airports : 153 • Recently, Govt. privatized Non-Aero Revenue (NAR) Urbanization in India. 6 Tier II Airports in FY Share: (% of Total • PPP Airports : 14 2019-20
Slide 6: AAHL: India's Largest Private Airport Platform
AAHL : India’s Largest Private Airport Platform 5.4 Mn • Airports Spread in States contributing to ~45% of India’s GDP • Unique Combination of Regional & International Gateways. 5.4 Mn 5.0 Mn • AAHL as an Airport Platform : 11.4 Mn 1.9 Mn 45.9 Mn - 3.9 Mn Under Construction Serving 300 Mn + Consumer
Slide 7: Revenue Structure at Airport
Revenue Structure at Airport Traditional Business Model: EBITDA Protection WACC Based returns Aero Business (Fixed Return ~ 20%) (~ 20% Return on RAB1) EBITDA Protection EBITDA protection by MMG from Non-Aero (Minimum Monthly Guarantee) NAR Concessionaires Business EBITDA Protection CSD Business foc
Slide 8: Airport Business as a Combination of Infra Play and Consumer Play
Airport Business as a Combination of Infra Play and Consumer Play Infra Play Consumer Play Startup Ecosystem World Class Airport City Side Tech Enabled Airports Aero Business Non-Aero Business Construction Development Construction of New Digitization of Creation of Age Megastructures WACC based retu
Slide 9: Airport Business Strategy – Aero Business
Airport Business Strategy – Aero Business Capacity Creation Asset Utilization & Route Consumer Experience Development • De-bottlenecking and capacity • Shifting of Peak Hour by “Head • Sharp focus on ensuring expansion. & Shoulder Strategy” highest operating metrics • Focus on smart planning of • Te
Slide 10: Non-Aero Business Strategy
Non-Aero Business Strategy Leisure Solo Male Work Solo Male Leisure Group Traveler Traveler Non-Aero Growth Levers: New Area Monetization Internalization of High Margin Businesses Digital Channel Unique Brand & Category Mix Marketing Initiatives Focus on Non-Pax Consumers
Slide 11: City Side Development Plan
City Side Development Plan A. Six Airports Total % Usage : Phase-I : Area : 55 Acre 24% 227 Acre B. MIAL & NMIAL Mn Sq. Ft 2.5 Total : 5.2 2.3 3.5 Total : 8.2 3.1 2.1 3.0 2.0 2.4 Total % Usage : 2.5 2.1 Phase-I : Area : 1.5 2.0 60 Acre 14% 430 Acre 1.0 1.5 0.5 1.0 0.6 0.5 0.3 0.5 0.0 0.0 Hotels Conv
Slide 12: CSD Business Model
CSD Business Model Design brief Partnership with Conceptualization & final design Development AAHL Business Operator Architect or Specialized firm AAHL e.g e.g Revenue Mechanism Segments Operations By Revenue for AAHL Revenue for Operator Management / Marketing fees hotel Hotel Hotel Brand Operator
Slide 13: Adani Airports: Digital Strategy through Adani One App
Adani Airports : Digital Strategy through Adani One App Book a cab to Collect booked the airport products and board flight Greater Convenience Check Real-Time Book a cab to flight information the destination Book flight Book a hotel ticket, for stay Planned Travel eliminating Airport services appreh
Slide 14: Section-II: Navi Mumbai Airport
Section-II : Navi Mumbai Airport
Slide 15: Mumbai: Commercial Capital of India and an International Gateway
Mumbai : Commercial Capital of India and an International Gateway Mumbai : India’s Commercial Capital India’s Largest City India’s Commercial & Financial Capital Adani’s world class assets in 8%+ of India’s real GDP 20.4mn population; Mumbai: AEML, MIAL, NMIAL (Equivalent to Quarter of Spain, Half o
Slide 16: NMIAL: Driving Force for New Airport
NMIAL: Driving Force for New Airport Mumbai Airport Capacity Mumbai : City Center Airport in Single Runway Airport: Growing Pax Footfalls Capacity Constraint due to…. congested area of Mumbai Pax (Mn) 45.2 48.5 48.8 45.9 No Further Scope of Capacity 2 Runways but crossing each 41.7 Enhancement beyon
Slide 17: NMIAL & MIAL Twin Airport Strategy
NMIAL & MIAL Twin Airport Strategy Optimizing Airline Flow Hub & Spoke Strategy Twin Airport System • Currently, Mumbai has 2 major airlines with • Beginning the operations by NMIAL, both airports domestic as well as international operations : will have 2 runways combined with 3 terminals. 1) Indigo
Slide 18: Benefits of Twin Airports
Benefits of Twin Airports • Mumbai Airport’s capacity is already saturated (rated capacity 45 mn vs 49 mn actual pax in FY 2019). • Virtually there is no new slot available for new airline/route. Easing • New Airport at Navi Mumbai will ease out the congestion at Mumbai Airport. Congestion Extension
Slide 19: Navi Mumbai Airport: Project Details and Construction Status
Navi Mumbai Airport Project Details and Construction Status
Slide 20: NMIAL: Project Site and Location
NMIAL : Project Site and Location ▪ NMIA is located in center of Mumbai Metropolitan Region (MMR) in Navi Mumbai, 35 km from Mumbai Airport (CSMIA) ▪ Joint Airspace Operations are being planned by AAI for Dual Airport System for Mumbai ▪ Airport Connectivity to Mumbai city is critical. 2023 ▪ MTHL,
Slide 21: NMIAL: Master Plan (Phase 1 & 2)
NMIAL : Master Plan (Phase 1 & 2) Phase 1&2 Capacity: 20 MPPA and 0.8 M Tonnes of Cargo per annum Domestic Annual International Annual Passengers Passengers 17.7 MPPA 2.9 MPPA DOM Peak Hour Pax INT Peak Hour Pax 2556 Pax 962 Pax Check-In Counters Emigration Counters 60 DOM + 54 INT 28 DEP + 46 ARR C
Slide 22: NMIAL: Master Plan (Final Phase)
NMIAL : Master Plan (Final Phase) Final Capacity: Passenger Terminals: 90 MPPA and 2.5 M 4 Nos. Tonnes of Cargo per (T1,T2,T3,T4) annum Runway 3700 M South Runway (600M Displacement), 3700 M North Runway (20M Displacement), Full Length Dual Parallel Taxiways, all Code F Compliant Aircraft Stands APM
Slide 23: NMIAL: Key Features
NMIAL : Key Features India’s most 4 Pax Terminals, Planned as one of the Passenger India’s 1st true All Terminals inter- Planned with Digital Art Terminal Design efficient airport All most energy efficient & Terminals multi-modal connected on India’s largest Program offering inspired by India’s with
Slide 24: NMIAL: Construction Insights – Southern Runway Sub-base Works
NMIAL : Construction Insights Airside Southern Runway Sub-base Works
Slide 25: NMIAL: Construction Insights – Parallel Taxiway and Drain Work
NMIAL : Construction Insights Airside Parallel Taxiway and Drain Work
Slide 26: NMIAL: Construction Insights – Terminal 1 Construction Work
NMIAL : Construction Insights Terminal 1 Construction Work
Slide 27: NMIAL: Construction Insights – Terminal Construction Work
NMIAL : Construction Insights Terminal 1 Construction Work
Slide 28: Thank You
Thank You
Adani Airports Holdings — Investor Presentation (April 2023) on 6ix