Adani Enterprises Limited · NSE:ADANIENT
Adani Enterprises — Q1 FY23 Earnings Presentation
36 slides from Adani Enterprises's earnings presentation, 2022
Slide 1: Adani Enterprises Ltd Q1 FY23 Earnings Presentation
Adani Enterprises Ltd Q1 FY23 Earnings Presentation
Slide 2: AEL: Quarterly Financial Highlights - Q1 FY23
AEL: Quarterly Financial Highlights - Q1 FY23 Established Incubating Businesses YoY Growth Businesses YoY Growth Revenue 213% Revenue 511% EBIDTA 30% EBIDTA 912% Consolidated Revenue Consolidated EBIDTA Consolidated PAT* INR 41066 INR 1965 INR 469 223% 107% Cr 73% Cr Cr Established Business – [Energ
Slide 3: Content
Content 01 Group Profile 02 Company Profile 03 Earnings Update 04 Update on Incubating Businesses 05 Update on Established Businesses 06 Financial Highlights 07 ESG Appendix 3
Slide 4: Group Profile
Group Profile 4
Slide 5: Adani Group: A World Class Portfolio
Adani Group : A World Class Portfolio ~USD 170 bn1 Combined Market Cap Flagship Infrastructure & Utility Core Portfolio Primary Industry Emerging B2C Materials, Metal & Incubator Energy & Utility Transport & Logistics Direct to consumer Mining (72.3%) (60.5%) (73.9%) (65.6%) (100%) (100%) AGEL ATL A
Slide 6: 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% 36% 18% 3x 5x 3x 25% 1.4x 4% 6% 25% Industry Industry APSEZ Adani Industry AGEL Adani Industry ATL Industry
Slide 7: 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 of Activity • Analysis & market • Site acquisition • Li
Slide 8: Company Profile
Company Profile 8
Slide 9: AEL: A Successful Incubator
AEL : A Successful Incubator Attractive pipeline Incubation track record Leading B2C transition Attractive incubation portfolio Past incubation success stories Leading Adani transition into B2C under AEL with each business well include AGEL, ATL, ATGL and businesses through Airports (200 Development
Slide 10: AEL Incubation Success Stories: Creating Decacorns
AEL Incubation Success Stories: Creating Decacorns AEL has a demonstrated track record of creating high quality, high cashflow and high growth sustainable infrastructure businesses since 1994 Market Cap Company Overview (USD bn)1 − Ranked as ‘Largest Solar Power Developer in the World’ by Mercom Cap
Slide 11: AEL: Current Incubation Portfolio
AEL : Current Incubation Portfolio AEL Portfolio Energy & Transport & Consumer Primary Utility Logistics businesses Industry New Industries (End to end Airports Food FMCG1 Mining Industrials Green H2 chain) Mining Services Data Center Roads Digital PVC & IRM Commercial Copper, Water Aluminum Mining
Slide 12: AEL – Earnings Update
AEL – Earnings Update 12
Slide 13: Summary on Operational and Financial Updates - Q1 FY23
AEL : Summary on Operational and Financial Updates - Q1 FY23 [Consolidated] Operations Finance Others Q1 FY23 Q1 FY23 Q1 FY23 • Adani New Industries Supply Chain • Total Income up by 223% to Rs. Green H2 Ecosystem Ecosystem volume stood at • Partnership with TotalEnergies 41,066 Cr 264 MW forged to
Slide 14: AEL – Updates on Incubating Businesses
AEL – Updates on Incubating Businesses Transport & Logistics – Adani Airports Holdings Ltd (AAHL - Airports) Adani Road Transport Ltd (ARTL - Roads) Energy & Utility – AdaniConnex Pvt Ltd (ACX - Data Center) 14
Slide 15: Transport & Logistics – AAHL (Airports)
AEL : Transport & Logistics – AAHL (Airports) [Q1 FY23] [QoQ] Portfolio of 8 Airports - Serving ~ 20% of total passenger base Operational Updates Q1 FY23 16.6 Pax movement (in Mn) 35% Q4 FY22 12.3 Jaipur Lucknow 5.0 Mn Guwahati 5.4 Mn 5.4 Mn Ahmedabad Q1 FY23 126.0 ATMs 11.4 Mn 32% (‘000) Mumbai + N
Slide 16: Transport & Logistics – ARTL (Roads)
AEL : Transport & Logistics – ARTL (Roads) [Q1 FY23] Portfolio of 14 projects Project Completion Status with construction / maintenance of roads of 5000+ Lane Kms BPRPL Project - Provisional COD received Construction in progress Under Development 11% 25% 72% 80% 88% 96% 97% 97% 89% 75% BHRPL 151.700
Slide 17: Energy & Utility – ACX (Data Center)
AEL : Energy & Utility – ACX (Data Center) [Q1 FY23] Empowering Digital India with a Platform of Hyperscale to Hyperlocal Data Center Solutions with Strong Partnership Site Progress Updates Data Center Updates Chennai • 97% of Overall Project Completed • 16% of Overall Project Completed; Pre-Constru
Slide 18: AEL – Established Businesses updates
AEL –Established Businesses updates Energy & Utility – Adani New Industries Ltd (ANIL) Supply Chain Ecosystem Primary Industries – (Mining Services & IRM) 18
Slide 19: Updates on Established Businesses
AEL : Updates on Established Businesses [Q1 FY23] Adani New Industries Supply Chain Ecosystem • Project Update o Module line trial run started for new 2.0 GW capacity plant o Cell line and comprehensive project expected COD by Sep 22 o Wind turbine erection completed, and testing started • Operation
Slide 20: Financial Highlights
Financial Highlights 20
Slide 21: Consolidated Financials – Q1 FY23
AEL : Consolidated Financials –Q1 FY23 (Rs Cr) Revenue EBIDTA PAT Attributable to owners 804 Established Business 1,335 38,474 606 1,026 12,306 Q1 FY22 Q1 FY23 Q1 FY22 Q1 FY23 Q1 FY22 Q1 FY23 ✓ Higher Coal Prices resulting in increase in ✓ Increase in line with Revenue ✓ Increase in line with EBIDTA
Slide 22: Segment-wise Financials – Q1 FY23
AEL : Segment-wise Financials – Q1 FY23 (Rs Cr) Established Businesses Incubating Business Adani New Industries Primary Industries Primary Industries Transport & Logistics Supply Chain Ecosystem Mining services IRM Airports# 677 31,664 623 615 ➢ Consolidation of MIAL Revenue 574 9,086 done from Q2 F
Slide 23: ESG Key Focus Areas
ESG Key Focus Areas Mining Services Adani New Industries Supply Chain Ecosystem 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 Q1 FY23 – Primary Industries (Mining Services)
AEL : ESG performance Q1 FY23 Primary Industries (Mining Services) 13% ↓* 15% ↓* 21% ↓* Emission Intensity Energy Intensity Water Intensity 99% 3797 Ha – C Afforestation 8.11 Lakh 287 Ha – Physical Reclamation Waste Managed through 5R Trees Planted 325 Ha – Biological Reclamation Waste Management Te
Slide 25: ESG performance Q1 FY23 – Adani New Industries Supply Chain Ecosystem
AEL : ESG performance Q1 FY23 Adani New Industries Supply Chain Ecosystem Natural Resource Conservation ◼ Rooftop Solar plants helped to substitute ~ 3.5 % of Power requirement ◼ Energy Conservation initiatives helped to achieve 2.5 % reduction in Specific Power Consumption vs FY 22 (KwH/MW) ◼ 1.8 %
Slide 26: 100% Compliance on Environment Conservation Q1 FY23
AEL : Adani New Industries Supply Chain Ecosystem 100% Compliance on Environnent Conservation Q1 FY23 ETP- Treated Water STP- Treated Water(MSPVL and MSTPL) 100 100 GPCB Limit Result GPCB Limit MSPVL MSTPL 52 30 22 20 15 13.5 11 14 6.5 - 8.5 7.33 6.5-8.57.21 6.84 pH@25°C Total Suspended Solids Fluor
Slide 27: Appendix
Appendix 27
Slide 28: Transport & Logistics – AAHL (Airports) Operational Details
AEL : Transport & Logistics – AAHL (Airports) [Q1 FY23] Operational Details Passengers (In Mn) ATM (In ‘000) Cargo (In Lacs MT) Airports Q1 23 Q4 22 Q1 22 Q1 23 Q4 22 Q1 22 Q1 23 Q4 22 Q1 22 Ahmedabad 2.1 1.6 0.7 17.0 14.6 8.4 0.2 0.1 0.1 Lucknow 1.2 1.0 0.5 9.0 8.4 5.2 0.0 - - Mangaluru 0.4 0.3 0.1
Slide 29: Transport & Logistics – ARTL (Roads) & (Water)
AEL : Transport & Logistics – ARTL (Roads) & (Water) [Q1 FY23] Concession Period (in Project Project Length/ CA signed Type Project Name State Years) Completion Model Capacity with (Const. + O&M) Status Bilaspur Pathrapali HAM 53.3 Kms Chhattisgarh 2 + 15 Provisional COD Received Suryapet Khammam HA
Slide 30: Primary Industries - Mining services
AEL : Primary Industries - Mining services [Q1 FY23] Quantitative Details (in MMT) Mine Q1 FY23 Q1 FY22 ROM Dispatch ROM Dispatch Parsa Kente 3.9 2.9 3.1 3.1 GP III 0.9 0.9 0.5 0.5 Talabira II and III 2.6 2.6 0.5 0.5 Kurmitar 0.6 0.6 0.7 0.5 Suliyari 0.2 0.2 -- -- Total 8.1 7.2 4.7 4.6 ROM – Run-of-
Slide 31: Primary Industries - Mining services
AEL : Primary Industries - Mining services [Q1 FY23] Type of Project Mine Capacity State Customer (Owner) Project Status Parsa East Kente Basen 15 MMT Chhattisgarh RRVUNL Gare Pelma III 5 MMT Chhattisgarh CSPGCL Operational Talabira II & III 20 MMT Odisha NLCIL Suliyari 5 MMT Madhya Pradesh APMDC Co
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- afforestation • Land use and cover management filing Awareness • Improving Carbon Efficiency • Energy Managem
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 futu