Adani Enterprises Limited · NSE:ADANIENT
Adani Enterprises — Shareholder Meeting (June 2024)
27 slides from Adani Enterprises's shareholder meeting presentation, Jun 24, 2024
Slide 1: Adani Enterprises Limited 32nd Annual General Meeting
Adani Enterprises Limited 32nd Annual General Meeting 24 June 2024
Slide 2: Contents
Contents 01 Adani Portfolio Overview 02 Business Updates 03 Operational and Financial Highlight 04 Future Outlook 05 ESG Highlights 06 Responsible Incubator
Slide 3: Adani Portfolio Overview
01 Adani Portfolio Overview STRICTLY CONFIDENTIAL
Slide 4: 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%) (72.61%) (100%) (50.00%) (100%) (100%) ANIL Ada
Slide 5: Adani Portfolio: Decades long track record of industry best growth with national footprint
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 6: 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 7: AEL: A successful incubator
AEL: A successful incubator Attractive Incubation Record Green Hydrogen Ecosystem Business Model Proven incubation success record Integrated manufacturing for generating B2B Model Development low-cost green hydrogen ANIL Ecosystem, Data Center, Roads Year 2015 > APSEZ, APL & AESL B2C Model Ingots, w
Slide 8: 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 (End to end Green H2 Airports Food FMCG Mining Services C
Slide 9: Business Updates
02 Business Updates STRICTLY CONFIDENTIAL
Slide 10: AEL: Business Updates | Energy and Utility - Adani New Industries
AEL: Business Updates | Energy and Utility Photo Gallery 4 GW 2 GW 1.6 GW Solar Manufacturing Monocrystalline Large order from Module Manufacturing ingot and wafer US Utility plant 1.5 GW 254 Adani New Wind Turbine Industries Generators Manufacturing Certification for Wind turbine and Capacity of 5.
Slide 11: AEL: Business Updates | Energy and Utility - Data Centers, Water
AEL: Business Updates | Energy and Utility Photo Gallery 67 MW $213 Mn 210 MW Powering and Noida and Pune Senior Debt Order book from Data Centers storing India’s data Data centers facility from large global in India >80% completed internationals customers with in Phase 1 Banks long term contracts U
Slide 12: AEL: Business Updates | Transport and Logistics
AEL: Business Updates | Transport and Logistics Photo Gallery Greater 89 Mn Connectivity New Assets Connecting India Passengers 42 New Routes New Terminal through a Building at Airports consumer served, and 20 New Lucknow representing Airlines added focussed offering 19% growth over across 7 Airport
Slide 13: AEL: Business Updates | Primary Industries
AEL: Business Updates | Primary Industries Photo Gallery 9 82 MT 11.2 MT Ensuring Energy Services and security for the Mining service contracts(1) from Cargo handed under the Coal produced and shipped at Mining country SOE Integrated the Carmichael Resource mine, Australia 5 operational management 5
Slide 14: Operational and Financial Highlights
03 Operational and Financial Highlights STRICTLY CONFIDENTIAL
Slide 15: AEL: Strong Financial performance on the back of continued operational strength
AEL: Strong Financial performance on the back of continued operational strength Financial performance and value delivery to shareholders PAT attributable Income EBITDA Cash Accruals PBT Net Worth to Owners ₹98,282 Cr ₹13,237 Cr ₹7,076 Cr ₹5,640 Cr ₹3,240 Cr ₹44,186 Cr Backed by Robust Operational Pe
Slide 16: AEL: Consolidated Key Metrices
AEL: Consolidated Key Metrices EBIDTA Figures YoY (2) Debt Service Coverage Ratio Interest Coverage Ratio 13,237 10,012 43% 3.6 2.550% 2.5 3.0 3.1 2.8 2.4 1.7 1.8 1.9 1.2 1.3 4,726 3,259 2,541 2,968 FY19 FY20 FY21 FY22 FY23 FY24 FY19 FY20 FY21 FY22 FY23 FY24 FY19 FY20 FY21 FY22 FY23 FY24 Established
Slide 17: AEL: Consolidated Financials Highlights – FY24
AEL : Consolidated Financials Highlights – FY24 Income EBIDTA 32% PBT 56% 218% Increase Decrease Total Increase Decrease Total Increase Decrease Total ✓ Growth driven by ANIL Ecosystem, Airports & ✓ Increased on account of ✓ Increased in line with higher EBIDTA in ANIL Roads business • strong operat
Slide 18: AEL: Segment-wise Financial Highlights – FY24
AEL : Segment-wise Financial Highlights – FY24 Incubating Businesses 32% Established Businesses 56% ANIL Ecosystem Airports IRM Mining Services 8741 98920 2361 8062 2337 Revenue 5989 62359 3567 FY-23 FY-24 FY-23 FY-24 FY-23 FY-24 FY-23 FY-24 ✓ Increased in line with increase in ✓ Increased on back o
Slide 19: Future Outlook
04 Future Outlook STRICTLY CONFIDENTIAL
Slide 20: AEL: Growth profile of Incubating Businesses
AEL : Growth profile of Incubating Businesses Business Current Scale Growth Overview New Industries Solar Manufacturing − Deliver least cost green hydrogen through integration (Adani New Industries module capacity of 4.0 GW − Decarbonization of industrial and mobility through green hydrogen Ltd.) In
Slide 21: AEL: Growth profile of Incubating Businesses
AEL : Growth profile of Incubating Businesses Business Overview − Pioneer in mine development and operation space for more than a decade now − A portfolio of 9 Mining Services contracts Mining − 5 operational mines, signifying available growth runway in these mines Services − Delivery being made to
Slide 22: ESG Highlights
05 ESG Highlights STRICTLY CONFIDENTIAL
Slide 23: AEL: ESG – Ratings, Awards and Recognition
AEL : ESG – Ratings, Awards and Recognition Ratings Awards and Recognition Due to controversies surrounding the group, the base DJSI CSA score of 61/100 was adjusted to 49/100 which is (2023) 49 significantly better than average industry average AdaniConneX’s AI based safety score of 20/100 analytic
Slide 24: AEL: ESG Performance Highlights FY24
AEL : ESG Performance Highlights FY24 Incubating Business Primary Industry ANIL Ecosystem Airports Business Mining Services Business 14% 57% 9% 16% RE in energy RE in energy mix mix Y-o-Y reduction1 in Scope 1 Y-o-Y reduction1 in Scope 2 emission intensity3 emission intensity3 Airports Business 19%
Slide 25: Responsible Incubator
06 Responsible Incubator STRICTLY CONFIDENTIAL
Slide 26: AEL: Enabling Value Creation
AEL : Enabling Value Creation Past Incubation Success Stories: Creating Decacorns INR INR Market Cap EBITDA Company Overview 150 7,55,137 Ranked as ‘Largest Solar (USD bn)1 CAGR# In Nov 1994 In March 2024* Power Developer in the 34.9 37.8% World’ by Mercom Capital in Achieves > 34% CAGR August 2020
Slide 27: Thank You
Thank You V20- credit metrices threshold change after Robbie sir’s comment