Adani Enterprises Limited · NSE:ADANIENT
Adani Enterprises — Shareholder Meeting (July 2021)
31 slides from Adani Enterprises's shareholder meeting presentation, Jul 12, 2021
Slide 1: Adani Enterprises Ltd 29th Annual General Meeting
Adani Enterprises Ltd 12th July, 2021 – 12:00 PM Presented by Mr. Jugeshinder Singh – Group CFO 29th Annual General Meeting
Slide 2: Contents
Contents 01 Group Profile 02 Company Profile 03 AEL Response to Covid-19 Situation 04 Operational and Financial Performance 05 ESG Performance 06 Responsible Incubator – Enabling Value Creation 07 Appendix
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 Portfolio • Marked shift from B2B to Portfolio B2C businesses – • ATGL – Gas distribution 63.4% 100% 75% 57.5% network to serve key APSEZ ATL AGEL geographies across NQXT2 T&D Renewables India
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) 45% 12% 132% 20% 3x 3x 30% 1.5x 5x 4% 7% 25% 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 5 infrastructure unicorn since • Delivered returns at 32% CAGR since • Robust Leverage Profile with Debt to Value Creation inception listing in 1994 equity ratio of 0.8x • Demerged ATGL and AGEL in l
Slide 9: AEL Response to Covid-19 Situation
AEL Response to Covid-19 Situation 9
Slide 10: AEL: Response to Covid-19 Pandemic
AEL : Response to Covid-19 Pandemic • Continued its operations after obtaining necessary Measures during regulatory approvals and clearances lockdown • Triggered our liquidity management plans to ensure business continuity • All safety protocols of temperature sensing, wearing of masks, social dista
Slide 11: AEL: Response to Covid-19 Pandemic
AEL : Response to Covid-19 Pandemic • Enhanced security features (both in laptops and mobile phones) to mitigate risks arising from “new normal” Strengthening situation Internal Controls • Deployed “Checkpoint Endpoint Security” client for employees to access internal applications while working from
Slide 12: Operational & Financial Highlights
Operational & Financial Highlights 12
Slide 13: AEL: Key Consolidated Financials - FY21
AEL : Key Consolidated Financials - FY21 (Rs Cr) Revenue EBIDTA Normalised PAT* 44,086 3259 1182 40,291 939 2968 FY20 FY21 FY20 FY21 FY20 FY21 ✓ Reduction in Revenue mainly due to ✓ EBIDTA has grown by healthy 10% ✓ Increase in PAT owing to to better lower volumes in IRM segment. performance in Sola
Slide 14: AEL: Robust Credit Profile
AEL : Robust Credit Profile (Rs Cr) Normalized EBIDTA Margins# Normalized PBT Margins# Interest Coverage Ratio 47% 49% 2.4 56% 59% 1.9 28% 18% 14% 1% Mining Services Solar Mfg Mining Services Solar Mfg FY20 FY21 FY20 FY21 FY20 FY21 External Debt to EBIDTA External Debt to Equity Total Outside Liabil
Slide 15: AEL: Way Forward
AEL : Way Forward Roads Airports Data Center 3 Operational FY 21 FY 21 FY 21 3 Operational Projects Signed JV Agreement of 120 + Kms Airports with EdgeConneX 3.5x 2.5x Forward Forward Forward 8 Operational Airports Operational hyperscale data Way Way Way 10 Operational Projects of (Including MIAL) c
Slide 16: AEL: Immense value creation
AEL : Immense value creation AEL NIFTY-50 649% 71% 14,691 1,031 8,598 138 • Strong business performance and immense value creation led to marquee investors 31-Mar-20 31-Mar-21 31-Mar-20 31-Mar-21 coming in FY21 – • Saudi Arabia G.O.S.I – Pension Fund • UTI Mutual Fund • Tata Mutual Fund MSCI India I
Slide 17: ESG Performance
ESG Performance 17
Slide 18: AEL: Robust ESG Framework
AEL : Robust ESG Framework Our Commitment • Committed to reduce water and energy intensity • Committed to maintain zero liquid discharge Guiding Policies principle • Committed to recycle waste through landfilling for reclamation of excavated area United Nations Sustainable GRI Standards Global Compa
Slide 19: AEL – Environmental Philosophy
AEL – Environmental Philosophy Offsetting Carbon Emission Conservation of Resource Waste Management • Reducing water footprint • Carbon sequestration by • Recycling waste through Climate afforestation • Land use and cover landfiling management Awareness • Improving Carbon Efficiency • Circular Econo
Slide 20: AEL – 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 alongwith Adani Foundation UN-Sustainable Development Goal Adani Foundation Project No Poverty Project Unnayan, Project Annapurna, Project Gokuldham Projec
Slide 21: AEL – 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 22: Responsible Incubator – Enabling Value Creation
Responsible Incubator – Enabling Value Creation 22
Slide 23: AEL: Responsible incubator – enabling value creation
AEL: Responsible incubator – enabling value creation As on date After 2015 Group In 20 years from IPO Restructuring In 10 yrs from IPO AEL - 80 shares IPO in Nov 1994 AEL - 80 shares APSEZ – 113 shares Adani Enterprises Adani Enterprises Adani Enterprises APSEZ – 113 shares APL – 149 shares 40 share
Slide 24: Thank You
Thank You 23
Slide 25: Appendix
Appendix 23
Slide 26: AEL and its Incubation Portfolio
AEL : Tried & tested model poised for growth beyond 2020 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
Slide 27: AEL: Business-wise Financial Highlights – FY21
AEL : Business-wise Financial Highlights – FY 21 IRM Mining Services Solar Mfg Operational Performance Operational Performance Operational Performance IRM volumes stood at 63.4 MMT FY21 volumes increased by 13% Volumes in FY21 increased by during vs 78.8 MMT in FY20, at 17.5 MMT against 15.5 MMT 17%
Slide 28: AEL Project Updates: Airports
AEL Project Updates : Airports Network Effect Platform Integrated International Gateway Multi modal transport + hub Jaipur Guwahati Regional Network City-center airports 5.0 Mn Lucknow 5.4 Mn 5.4 Mn Audience of One - Consumer Segments Ahmedabad Passengers 11.4 Mn 60 Mn – Domestic 79 Mn Mumbai + 19 M
Slide 29: AEL Project Updates: Mining Services
AEL Project Updates : Mining Services 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 Mining Gidhmuri Pit
Slide 30: AEL Project Updates: Roads and Water
AEL Project Updates : Roads and Water Concession Project Length / Period (in Type Project Name State Project Status Model Capacity Years) (Const + O&M) Bilaspur Pathrapali HAM 53.3 Kms Chattisgarh 2 + 15 70% completed Suryapet Khammam HAM 58.0 Kms Telangana 2.5 + 15 20% completed Mancherial Repallew
Slide 31: Safe Harbor
Safe Harbor Certain statements made in this presentation may not be based on historical AEL assumes no responsibility to publicly amend, modify or revise any forward information or facts and may be “forward-looking statements,” including those looking statements, on the basis of any subsequent devel