Slide 1: Regulation 30 filing cover letter to stock exchanges
31st July, 2024 To National Stock Exchange of India Limited BSE Limited Scrip Code: ACC Scrip Code: 500410 Sub: Investor Presentation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. Dear Sir/ Madam, In continuation of our letter dated 24th July, 2024 r
Slide 2: Operational & Financial Highlights, Quarter Ended June 30, 2024
ADANI GROUP ADANI CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS Operational & Financial Highlights For the Quarter Ended June 30, 2024 1
Slide 3: Performance at a glance Q1 FY25
ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS Performance at a glance Q1 FY25 Ambuja Cement consolidated Highest ever Clinker & Cement sales in Q1 over last 5 years VOLUME OPERATING COST EBITDA PAT (in MnT CLC) (R/Ton) (Excluding other
Slide 4: Builders of Progress in India
ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS Builders of Progress in India Development Operations Value Creation Well poised for Growth Asset Footprint Stakeholders * 89 MTPA capacity (21.4 MTPA added in last 18 months) • Pan India ass
Slide 5: Contents
Contents Adani Group Profile 01 5 04 ESG Updates 30 Ambuja Cement Accolades 02 Overview 9 05 and Awards 40 Performance Abbreviation 03 Highlights 15 06 42 4
Slide 6: Adani Group Profile
ADANI GROUP ADANI CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS 01 Adani Group Profile 5
Slide 7: Adani: A World Class Infrastructure & Utility Portfolio
ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS Adani: A World Class Infrastructure & Utility Portfolio Flagship Infrastructure & Utility Core Portfolio Primary Industry Emerging B2C Materials, Metal Direct to Incubator Energy & Utility T
Slide 8: Adani Portfolio: Decades long track record of industry best growth
ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS 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 Grow
Slide 9: Adani Portfolio: Repeatable, robust & proven transformative model of investment
ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS 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
Slide 10: Ambuja Cement - Overview
ADANI GROUP ADANI CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS 02 Ambuja Cement - Overview 9
Slide 11: Advantage - Group Synergy
ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS Advantage - Group Synergy Realty Group land bank Fly Ash Group Cement requirement Fly ash sourced from group’s (Dharavi, Navi Mumbai Airport, power plants ensures assured Ganga expressway..) timely supply
Slide 12: Infrastructure and Housing sectors to fuel Cement Demand Growth
ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS Infrastructure and Housing sectors to fuel Cement Demand Growth Higher spend in housing – Public & Private ‒ Construction of 20mn new rural homes by 2030 Cement Demand Segments (% share) ‒ Rural home buil
Slide 13: Cement Demand - Strong Correlation with GDP; High growth expected
ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS Cement Demand - Strong Correlation with GDP; High growth expected 730 Cement Demand Indian Economy 551 578 553 – GDP grew by 8.2% in FY’24; expected to grow by 451 – Strong correlation with GDP (1.2x GDP
Slide 14: Presence in 30 states & union territories and 580+ districts
ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS Presence in 30 states & union * territories and 580+ districts (~75%) Gagal For the Quarter Ended June 30, 2024 Darla / Suli # Ropar Nalagarh Asian Nalagarh Rajpura 89 MTPA* 61.9% Bhatinda R
Slide 15: Iconic brands with cumulative 120+ years history
ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS Iconic brands with cumulative 120+ years history that shaped the industry Strength Heritage Pioneered brand building & technical services India‘s 1st Cement Company, Inter-generational Marke
Slide 16: Performance Highlights
ADANI GROUP ADANI CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS 03 Performance Highlights For the Quarter Ended June 30, 2024 15
Slide 17: On track to achieve Targeted Growth more efficiently
ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS On track to achieve Targeted Growth more efficiently – Net worth all time high at Rs. 59,465 Cr and Cash & Cash equivalent at Rs. 18,299 Cr – Added 275 Mn MT new limestone reserves secured i
Slide 18: Financial results (for the Quarter)
ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS Financial results (for the Quarter) Ambuja Consolidated Ambuja Standalone ACC Standalone Sanghi Particulars UoM Jun 24 Mar 24 Jun 23 Jun 24 Mar 24 Jun 23 Jun 24 Mar 24 Jun 23 Jun 24 Mar 24 J
Slide 19: Ambuja Cement (Consolidated) Cement Business (% Change YoY)
ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS Ambuja Cement (Consolidated) Cement Business (% Change YoY) SALES VOLUME - CLC REVENUE EBITDA (Excl. Other Income) EBITDA (Incl. RMX) (MnT) (₹.Cr) (₹ Cr & Margin) (Excl. Other Income) (₹ /to
Slide 20: Ambuja Cement (Consolidated) Cement Business: Costs
ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS Ambuja Cement (Consolidated) Cement Business (% Change YoY) RAW MATERIAL POWER AND FUEL FREIGHT AND FORWARDING OTHER EXPENSES (₹/ton) (₹/ton) (₹/ton) (₹ /ton) 11% 13% 8% 10% 757 1,409 614 61
Slide 21: Trade Sales amongst highest in the industry
ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS Trade Sales amongst highest in the industry Jun'24 Q Jun'23 Q Change Particulars Volume Volume % % (Volume) (MnT) (MnT) Region wise cement sales volume North 4.0 26% 3.9 26% 3% East 3.9 26%
Slide 22: Capacity Utilization ~80%
ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS Capacity Utilization ~@80% Jun'24 Q Regions Capacity Production Utilisation (MnT) (MnT) % North 5.36 4.57 85% East 4.33 4.01 93% South 2.75 1.79 65% Central 1.75 1.89 108% West 5.20 3.10 60%
Slide 23: Ambuja Cement (Standalone) Cement Business (% Change YoY)
ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS Ambuja Cement (Standalone) Cement Business (% Change YoY) SALES VOLUME - CLC REVENUE EBITDA (Excl. Other Income) EBITDA (Excl. Other Income) (MnT) (₹ Cr) (₹ Cr & Margin) (₹/ton) 2% 5% 32% 33
Slide 24: Ambuja Cement (Standalone) Cement Business: Costs
ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS Ambuja Cement (Standalone) Cement Business (% Change YoY) RAW MATERIAL POWER AND FUEL FREIGHT AND FORWARDING OTHER EXPENSES (₹/ton) (₹/ton) (₹/ton) (₹/ton) 6% 24% 5% 2% 614 1,284 1,147 466 5
Slide 25: ACC (Consolidated) Cement Business (% Change YoY)
ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS ACC (Consolidated) Cement Business (% Change YoY) SALES VOLUME - CLC REVENUE EBITDA (Excl. Other Income) EBITDA (MnT) (₹.Cr) (₹ Cr & Margin) (Excl. Other Income) (₹ /ton) 9% 1% 15% 22% 10.4
Slide 26: ACC (Consolidated) Cement Business: Costs
ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS ACC (Consolidated) Cement Business (% Change YoY) RAW MATERIAL POWER AND FUEL FREIGHT AND FORWARDING OTHER EXPENSES (₹/ton) (₹/ton) (₹/ton) (₹ /ton) 8% 18% 14% 1% 781 1,189 1,194 493 721 932
Slide 27: Capex updates
ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS Capex updates 26
Slide 28: Roadmap to 140 MTPA by 2028
ADANI GROUP AMBUJA CEMENT CEMENT PERFORMANCE PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS Roadmap to 140 MTPA by 2028, @ 89 at present, 112 by 2026 Expansion Capacity(MTPA) Expected Status Update Project Clinker Cement completion Bhatapara Line 3 -Civil work 80
Slide 29: Adani Cement – Capacity Enhancement Enablers
ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS Adani Cement – Capacity Enhancement Enablers Cement Capacity (Mn T) 1. Land: land already in possession/ available with group / in advance stages of acquisition 2. Limestone: Cumulative ~8.1
Slide 30: Ambuja Cement (consolidated): Cash & Cash Equivalents position
ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS Ambuja Cement (consolidated): Cash & Cash Equivalents position Synopsis of the movements in Cash & Cash Equivalent Particulars ₹ Crs Opening balance as on 1st Apr 2024 # 15,999 Cash Cash & &
Slide 31: ESG Overview
ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS 04 ESG Overview 30
Slide 32: Adani Cement: Stakeholder value creation
ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS Adani Cement: Stakeholder value creation Environmental Society Governance − Committed to SBTi and GCCA for being Net − Spend made on various social development • Enhanced Governance - In add
Slide 33: ESG Framework
ADANI GROUP ADANI CEMENT PERFORMANCE ESG ACCOLADES & PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS ESG Framework Adani Group Vision & ESG Framework Vision Policies Guiding principle To be a world class leader in businesses that enrich lives and contribute to nations in building infrastructure through su
Slide 34: ESG Highlights Q1 FY'25 (Ambuja Consolidated)
ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS ESG Highlights Q1 FY’25 (Ambuja Consolidated) Net Zero Commitment Renewable and Green Energy Circular Economy Carbon Emissions – Scope I Committed to Net Zero by 2050 with 18.4% Ambuja -2.1
Slide 35: ESG Ratings
ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS ESG Ratings RATING AGENCIES AMBUJA ACC DJSI(2023) 60 61 CDP - CC A- A- CDP - WS B B Sustainalytics 26.1 Medium 25.7 Medium risk risk MSCI B - With our Ongoing projects for Solar, Wind & WHRS
Slide 36: ESG Dashboard
ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS ESG Dashboard Material topic Ambuja ACC UN SDGs * * Climate & Energy (Net specific CO2 emissions - Kg/T, without CPP) 453 530 400 454 Circular Economy (Use of waste derived resources MnT/yr)
Slide 37: Corporate Social Responsibility
ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS Corporate Social Responsibility 36
Slide 38: Corporate Social Responsibility (Ambuja Consolidated)
ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS Corporate Social Responsibility (Ambuja Consolidated) Livelihoods Water Resource Management Quality Healthcare − 7572 trainings on agricultural activities and − 112 RRWHS constructed − 26,10
Slide 39: Corporate Social Responsibility (Ambuja Consolidated): Achievements and Partnerships
ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS Corporate Social Responsibility (Ambuja Consolidated) Achievements Partnerships Ambuja Manovikas Kendra won the 'Overall – NABARD, HP sanctions a 4-year watershed Championship Trophy' 6th ti
Slide 40: Board & Committee Structure
ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS Board & Committee Structure * Board of Directors Statutory Committees Governance Committees Audit CSR Nomination & Corporate Public Info.Tech & Committee Committee Remuneration Committee Res
Slide 41: Accolades & Awards
ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS 05 Accolades & Awards 40
Slide 42: Accolades & Awards
ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS Accolades & Awards ACC wins the prestigious Ambuja Cements’ Ambuja & ACC achieves Ambuja & ACC receives the Bhatapara and Roorkee Golden Peacock Leadership Score in CDP ‘Best Customer Servic
Slide 43: Abbreviations
ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS 06 Abbreviations 42
Slide 44: Abbreviations
ADANI GROUP AMBUJA CEMENT PERFORMANCE ESG ACCOLADES & ABBREVIATIONS PROFILE OVERVIEW HIGHLIGHTS UPDATE AWARDS Abbreviations ATGL Adani Total Gas Ltd MnT. Million Tonne ENOC Energy Network Operation Centre AEL Adani Enterprises Limited CLC Clinker and Cement FI Financial Institution APSEZ Adani Ports
Slide 45: 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 Ambuja Cements Limited (“Ambuja”), the future outlook and growth prospects, and futu