Adani Enterprises Limited · NSE:ADANIENT
Adani Enterprises — Q3 FY22 Earnings Presentation
36 slides from Adani Enterprises's earnings presentation, February 2022
Slide 1: Adani Enterprises Ltd Q3 FY22 Earnings Presentation
Adani Enterprises Ltd Q3 FY22 Earnings Presentation
Slide 2: Content
Content 01 Group Profile 02 Company Profile 03 Earnings Update 04 Update on Developing Businesses 05 Update on Established Businesses 06 Operational and Financial Highlights 07 ESG 08 Appendix 2
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 ~USD 154 bn1 Combined Market Cap Infrastructure Portfolio Incubator Energy & Utility Transport & Logistics Direct to consumer Other businesses (74.9%) (61.3%) (74.9%) (63.8%) (100%) (44%) AGEL ATL APSEZ AWL AEL NQXT2 Renewables T&D Ports
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) 12% 132% 45% 20% 3x 5x 3x 30% 1.5x 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 • Engineering & design • Redesigning the capital structure Activity • Analysis & market • Site acquisition • Life
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 five infrastructure unicorns • Delivered returns at 36% CAGR since • Consistent with the group philosophy, to Value Creation since inception listing in 1994 raise capital for all incubating businesse
Slide 9: Incubation story so far: Creating infrastructure unicorns
AEL : Incubation story so far > > Creating infrastructure unicorns AEL 2007 2009 2015 2018 2018 2022 APSEZ APL ATL AGEL ATGL AWL USD 20 Bn USD 6 Bn USD 29 Bn USD 40 Bn USD 26 Bn USD 7 Bn Demerged from 2015 Demerged from 2018 IPO in 2022 • A successful incubator since 1994 • Created six unicorns and
Slide 10: AEL and its Incubation Portfolio
AEL : Tried & tested model poised for growth AEL and its Incubation Portfolio Resources* Transport & Logistics Utility Strategic Mining Rail / Data New IRM Airports Road Water Industries Services Metro Centre (Solar Mfg) Adani Global FZE Incubating new wave of Infrastructure & Utility Assets Edible
Slide 11: AEL – Earnings Update
AEL – Earnings Update 11
Slide 12: Summary on Operational and Financial Updates - 9M FY22 and Q3 FY22
AEL : Summary on Operational and Financial Updates - 9M FY22 and Q3 FY22 Operations Finance Others 9M FY22 9M FY22 (Consolidated) 9M FY22 • Mining Services Production volume • Total Income up 70% to Rs.45,291 Cr Roads up 75% • Received LOA of Rs. 17,100 Cr for • EBIDTA up 45% to Rs. 3,187 Cr • IRM v
Slide 13: AEL – Updates on Developing Businesses
AEL – Updates on Developing Businesses 13
Slide 14: Update on Airport Vertical
AEL : Update on Airport Vertical [Q3 FY22] [QoQ] Portfolio of 8 Airports - Serving ~ 20% of total passenger base Operational Updates Significant increase in Pax Movement and ATMs post phased unlocking and vaccination drive Pax (in Mn) ATM (Nos) 14.5 1,17,525 Jaipur Lucknow Guwahati 62,199 6.5 Ahmeda
Slide 15: Update on Roads Vertical
AEL : Update on Roads Vertical [Q3 FY22] Portfolio of 13 projects Status of Projects under Locked in Growth with construction / maintenance of roads of 950+ Kms construction 14% 172 Kms 39% 52% 93% 96% 86% 789 61% Kms 48% 7% 4% BHRPL BPRPL SKRPL MRRPL VBPPL NPRPL 151.700 kms HURPL UPRPL Under Develo
Slide 16: Update on Data Center Vertical
AEL : Update on Data Center Vertical Empowering Digital India with a Platform of Hyperscale to Hyperlocal Data Center Solutions across 7 cities Construction updates Data Center Update Chennai • 70% of overall project completed • 62% of Construction completed Noida Noida • Land registration & takeove
Slide 17: AEL – Established Businesses updates
AEL –Established Businesses updates 17
Slide 18: Established Business snapshot
AEL : Established Business snapshot Solar Manufacturing • State of art facility of 1.5 GW premium Solar cell and Operational Updates modules manufacturing facility located in India’s largest Volumes MW Sales Mix electronic manufacturing cluster. 801 782 3% 2% 263 285 12% 267 97% 418 86% 271 79 9M FY
Slide 19: Financial Highlights
Financial Highlights 19
Slide 20: Consolidated Financials – 9M FY22 and Q3 FY22
AEL : Consolidated Financials – 9M FY22 and Q3 FY22 (Rs Cr) Revenue EBIDTA PAT Attributable to owners 9M 22 – 45,291 70% 9M 22 – 3,187 45% 9M 22 – 472 9M 21 – 26,602 9M 21 – 2,191 1,538 9M 21 – 689 42,608 2,671 2,193 9M vs 9M 718 25,839 -1,066 -29 516 2,683 763 -2 9M FY22 9M FY21 9M FY22 9M FY21 9M
Slide 21: Segment-wise Financials – 9M FY22
AEL : Segment-wise Financials – 9M FY22 (Rs Cr) Established Businesses Developing Business Solar Mfg. Mining Services IRM Airports# Revenue Revenue Revenue 2047 1680 1553 31,249 1867 ➢ Significant increase in 15,695 Pax Movements and Air traffic movements due to 9M FY22 9M FY21 9M FY22 9M FY21 9M FY
Slide 22: Segment-wise Financials – Q3 FY22
AEL : Segment-wise Financials – Q3 FY22 (Rs Cr) Established Businesses Developing Business Solar Mfg. Mining Services IRM Airports # Revenue Revenue Revenue 869 630 627 12841 ➢ Significant increase in 592 7504 Pax Movements and Air Traffic Movements due to Q3 FY22 Q3 FY21 Q3 FY22 Q3 FY21 Q3 FY22 Q3
Slide 23: ESG Key Focus Areas
ESG Key Focus Areas Mining Services Solar Manufacturing Efficient use of water and energy Conservation of Natural Resources Reduction of emission levels Waste Management Faster reclamation of de-coaled areas Safety Zero tolerance for fatalities at sites 23
Slide 24: ESG performance Dec 21 - Mining Services
AEL : ESG performance Dec 21 - Mining Services 21 % ↓* 13 % ↓* 15 % ↓* Emission Intensity Energy Intensity Water Intensity 99% 8.11Lakh 3797 Ha - C Afforestation Waste Managed through Trees Planted 261 Ha - Reclamation 5R Terrestrial Waste Management CA Land & Excavation Plantation Area Mining Certi
Slide 25: ESG performance Dec 21 - Solar Mfg
AEL : ESG performance Dec 21 - Solar Mfg Natural Resource Conservation ◼ Rooftop Solar plants helped to substitute ~5% of Power requirement ◼ Energy Conservation initiatives helped to achieve 1% reduction in Specific Power Consumption vs FY 21 (KwH/MW) ◼ 2% reduction in Specific Consumption (KL/MW)
Slide 26: Solar Mfg - 100% Compliance on Environment Conservation
AEL : Solar Mfg - 100% Compliance on Environnent Conservation – Update Dec 21 ETP- Treated Water STP- Treated Water(MSPVL and MSTPL) 100 100 25 6.5 - 8.5 7.12 15 13.1 6.5-8.5 7.65 30 30 18.4 pH @ 25 ° C Total Suspended Solids Fluoride (as F) pH@25°C Total Suspended Solids Biomedical Oxygen (mg/L) (m
Slide 27: Appendix
Appendix 27
Slide 28: Developing Business - Adani Airports
AEL : Developing Business - Adani Airports Operational Details Airports Passengers (In Mn) ATM (Nos) Cargo (MT) Q3 FY22 Q2 FY22 Q1 FY22 Q3 FY22 Q2 FY22 Q1 FY22 Q3 FY22 Q2 FY22 Q1 FY22 Ahmedabad 2.1 1.3 0.7 19,886 13,223 8,386 9,565 7,858 5,760 Lucknow 1.2 0.6 0.5 9,290 6,094 5,187 6,941 3,829 2,971
Slide 29: Developing Business - Roads and Water project updates
AEL : Developing Business - Roads and Water project updates Concession Concession Project Length / Type Project Name State Agreements Period (in Years) Project Status Model Capacity signed with (Const + O&M) Bilaspur Pathrapali HAM 53.3 Kms Chattisgarh 2 + 15 86% Completed Suryapet Khammam HAM 58.6
Slide 30: Established Business - Mining Services
AEL : Established Business - Mining Services Quantitative Details Quantities in MMT Mine 9M FY22 9M FY21 ROM Dispatch ROM Dispatch Parsa Kente 10.7 8.9 9.4 8.3 GP III 2.0 2.3 1.0 1.2 Talabira II and III 4.1 4.1 0.5 0.5 Kurmitar 2.3 2.1 -- -- Total 19.1 17.4 10.9 10.0 Mine Q3 FY22 Q3 FY21 ROM Dispatc
Slide 31: Established Business - Mining Services updates
AEL : Established Business - Mining Services updates 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 Mini
Slide 32: Appendix: ESG Framework
Appendix : ESG Framework 32
Slide 33: Environment Philosophy
AEL : Environment Philosophy Offsetting Carbon Emission Conservation of Resource Waste Management Climate • Carbon sequestration by • Reducing water footprint • Recycling waste through land-filing afforestation • Land use and cover management • Circular Economy Awareness • Improving Carbon Efficienc
Slide 34: Social Philosophy – aligned to UNSDG 2030 goals
AEL : Social Philosophy – aligned to UNSDG 2030 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 n
Slide 35: Governance Philosophy
AEL: Governance Philosophy Policies Committees Assurance • Environment Policy covered in • Corporate Responsibility Committee BR Policy • Risk Management Committee Corporate Responsibility Committee (CRC) • Corporate Social Responsibility (100% Independent Policy • Corporate Social Responsibility di
Slide 36: 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 futur