Antony Waste Handling Cell Ltd. · NSE:AWHCL
Antony Waste Handling Cell — FY2021 Earnings Presentation
40 slides from Antony Waste Handling Cell's earnings presentation, Jun 27, 2021
Slide 1: Regulation 30 intimation letter to NSE
® Antony Waste Handling Cell Limited \ (formerly known as Antony Waste Handling Cell Private Limited) CIN: U90001MH2001PLC130485 1402/03/04, 14°" Floor, Dev Corpora, ANTONY WASTE Opp. Cadbury Company, Eastern Express Highway, Thane (west) — 400601 www.antony-waste.com | www.antonylara.com | www.anto
Slide 2: Antony Waste Handling Cell Limited Investor Presentation June 2021
v ANTONY WASTE Antony Waste Handling Ce! Limited } Investor Presentation — June 2021
Slide 3: Safe Harbor
Safe Harbor Vy This presentation and the accompanying slides (the “Presentation”), which have been prepared by Antony Waste Handling Cell Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe
Slide 4: Antony Waste Handling Cell Limited
WY ANTONY WASTE HANDLING CELL LIMITED
Slide 5: Industry Dynamics
Industry Dynamics” Vy Estimated Waste India practices a much higher level Increasing population with higher urbanization would Management Industry (FY20) drive higher per capita waste generation in India of open dumping v/s global average 35.4% Compost Composed Recycled 34.9% 10% 18% “oe 5% Global I
Slide 6: Swachh Bharat Mission - Strong growth driver
Swachh Bharat Mission - Strong growth driver Component wise allocation and expenditure Solid Waste Management (SWM) Increased share due to SBM 74% rc A. ~ 51% 44% 44% Bi swmu [0 IHHLs&CT/PT IEC i cB&aA FY15 FY16 FY17 FY18 Other areas of Government support Door to Door City Compost Policy Tariff Poli
Slide 7: Emerging areas of growth
Vy Emerging areas of growth = Biomethanation - anaerobic fermentation of bio-degradable waste in an enclosed space - generates methane rich bio-gas fuel and sludge, used for making compost = Like composting, biomethanation is also a technically suitable option for Indian municipal waste due to high
Slide 8: Antony Waste Handling Cell Limited
WY ANTONY WASTE HANDLING CELL LIMITED
Slide 9: About us
About us Vy Leading Player in Indian Municipal Solid Waste Management Industry \ \ \ Processed approximately 9.69 mmt of Established track record of more than 20 End-to-end MSW services i.e. solid waste waste since FY10 years in Solid Waste Management collection, processing, transportation, Approx.
Slide 10: Our Journey - Key Milestones & Projects
Our Journey - Key Milestones & Projects e Awarded C&T project by NUMC e Incorporation of the Co. e Raised private equity funding e Awarded MSW C&T project in Noida e Wins Kanjurmarg landfill project e Entered a new city (Delhi) - Contract awarded by MCD e Partnership with Brazil based LARA e Incorpo
Slide 11: We practice ESG in our Business
We practice ESG in our Business [ fis fhe thts tt TC Environmental Social Governance = Kanjurmarg is a 7500 MT/ day Integrated SWM, Employees training on topics from construction Board of 6 members, headed by Chairman & MD, which has leachate collection pond and treatment hazards, waste handling, ma
Slide 12: Our Core Competencies
Our Core Competencies Vy Diversified business model Access to technology backed vehicles and equipment enables us to manage our operations efficiently A leading service provider in Strong track record of project execution Experienced Promoters and Municipal Solid Waste (MSW) management team with str
Slide 13: Leading Player in the Indian MSW Management Industry
Leading Player in the Indian MSW Management Industry Vy 9.69 mmt.: 25+ Largest Cumulative Waste Completed & On-going single location waste processing plants across Asia; processed till FY21 projects Processing “60% 1,123 7,826 of waste generated in Mumbai Owned vehicle fleet Full-time employees Stat
Slide 14: Group structure
Group structure e | jamnsaieaeaeamammintatiaimeiaia 7 JV Partner [| lLaraCentralDe | poceeeseceeeees cnn + Tratamento De Vy | Residuos LTDA, ! ! 7 . wo | I , 1 I Antony Waste Handling Cell Limited I L Brazil ener nn eee eee i =< ee I 37% 63% 100% 100% 100% 100% Oe Oe ee eee eee 1 ee 7 | Wi y “tof y
Slide 15: Presence Across Value Chain
Presence Across Value Chain e Gy Municipal solid waste generation td |! Collection & transportation Only ~25-30% of the MSW generated in India is v processed Transfer Station (Secondary Storage & Segregation) Types of waste Organic Recyclables Processin Reuse/ Recycling Landfilling technologies GN -
Slide 16: Products & Services offered
Products & Services offered Vy Key services and products Revenue Share 18% 13% 11% 21% “ if (01) Collection & Transportation MSW Processing Involves door to door collection of Processing projects which involve MSW from households sorting & segregating waste received | from MSW C&T, followed by compo
Slide 17: Our Capabilities
Vy Our Capabilities Not Just a Solid Waste Collecting Company but also a Waste Processing & Management Company.... \ Door to door collection Transportation Segregation Construction & Recycling Composting Waste to Energy Management of Landfills WL °o ta 7s aX: MS f| a Involves door to Strong C&T Segr
Slide 18: Diversified Business Model
Vy Diversified Business Model MSW C&T 62% MSW Processing 27% Contract & Others 11% Revenue Revenue Revenue Contribution Contribution Contribution * Door to door collection through primary * Processing projects involve sorting & * Integrated mechanical and manual sweeping collection vehicles segregat
Slide 19: Revenue Recognition
Revenue Recognition T Total Revenue aasseecsofessasaees SSE noeenneecbaa-- nnn Collection & transportation of ry . Waste Processing Contract & others municipal waste Le as SS tl Operating Revenue a I I I Refers to construction related revenue : I recognized under IND-AS 1 I a I Tipping fees from Was
Slide 20: One of the largest single location plant in Asia
One of the largest single location plant’ in Asia Vy e We operate one of the largest single location waste processing plants in Asia TEGR ~ TEPER eTeHT Year wise probable increase in 20 10-2036 15 Yea rs » Municipal Corporation Tonnage of Greater Mumbai Project Tenure Balance Tenure Customer Capacit
Slide 21: Waste to Energy - Pimpri Chinchwad Municipal Corporation
Vy Waste to Energy - Pimpri Chinchwad Municipal Corporation Design, Build, Finance, Operate and Transfer (DBFOT) 2019-2040 ~21 Years z;y\}. PIMPRI CHINCHWAD “MUNICIPAL CORPORATION . Locati ocation pereie ° “ ‘af rot Project Tenure Balance Tenure (post COD) Customer _ Ip re | = Project Scope \ fa teg
Slide 22: Our Projects Execution Capabilities
Our Projects Execution Capabilities Vy e 25+ 16 9 Pan India Footprint of Projects Total number of projects Ongoing projects States . . Cluster based approach undertaken (Projects executed till date) | STRATA ced Targeting specific clusters Ongoing Projects SS ee ath to improve efficiency and Sweepin
Slide 23: Access to Technology Backed Vehicles & Equipment
\ ee Access to Technology Backed Vehicles & Equipment VW Collection and Transportation Technological Intervention Key equipment vendors BUCHER HYVA KARCHER Compactor - 279 « Qo CHICAGO Small Tipper - 687 =m Dumper Placer - 33 HEIL PNEUMATIC ~~ CATERPILLAR MOBA = ‘ta — — | (GPS TECHNOLOGY PROVIDER) W
Slide 24: Our Operations & Facilities
Our Operations & Facilities Material Recovery Facility Bio-reactor Landfill Gas collection Composting
Slide 25: Our Strategy
S Our Strategy Capitalize on growth opportunities in Continue with rational selection of Moving up MSW value chain by MSW management sector by Focus on enhancing operational projects and strategically expand our diversifying into emerging waste continued focus on bidding for MSW | efficiency geograp
Slide 26: Promoters & Board of Directors
\ oe Promoters & Board of Directors VW Promoters Jose Jacob Kallarakal \ Shiju Jacob Kallarakal \ Shiju Antony Kallarakkal =" Age: 48 years =" Age: 44 years =" Age: 47 years = 20 years experience in waste =" 20 years of experience in waste =" Over 19 years of experience in management management auto
Slide 27: Quality Cum Cost Based Bidding Process
\ Ps Quality Cum Cost Based Bidding Process VW Bidding Process = Peruse the RFP Project area analysis = Understand the scope size & scale of project Feasibility study - Project report = Actual bidding = Compliance with various = Tender conditions & = Provide project plans, Key Execution & Admin. str
Slide 28: PPP contracts structure for waste management
PPP contracts structure for waste management Contract Investments by Source of revenue for Bidding Types of contracts Service covered Asset ownership period eg\ Liew) WT =1e private player process . Partial oo Service 1-2 years investment Municipality . Payment from . Street sweeping, C&T & wo Partl
Slide 29: Strong Predictable Business Model
Strong Predictable Business Model Vy Revenue Visibility / Contract Tenure Number of Projects Revenue [) On Going Ongoing Projects Seles 16 FY20 pliyy 2023 yl ops. 2025 2026 2028 Pipe) 2030 2036 15 14 MSW C&T 60% v v v v Waste Processing 30% v v v v v v v v v Others 10% v v v v 2010 2015 2021 Revenue
Slide 30: Stable Business irrespective of COVID-19
Stable Business irrespective of COVID-19 Vy Revenue (Rs. Crores) EBITDA (Rs. Crores) Adjusted PAT (Rs. Crores) 138 39 20 20 130 127 37 122 34 35 34 18 18 33 31 95 96 27 Q1IFY20 Q2FY20 Q3FY20 Q4FY20 Q1IFY21 Q2FY21 Q3FY21 Q4FY21 Q1IFY20 Q2FY20 Q3FY20 Q4FY20 QIFY21 Q2FY21 Q3FY21 Q4FY21 Q1IFY20 Q2FY20 Q
Slide 31: Strengthening Balance Sheet
Strengthening Balance Sheet Vy Net Debt : Equity (x) Current Ratio (x) Debtor Days 70 71 64 61 60 59 54 41 Q1FY20 Q2FY20 Q3FY20 Q4FY20 Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY20Q2FY20Q3FY20Q4FY20Q1FY21Q2FY21Q3FY21Q4FY21 Q1FY20Q2FY20Q3FY20Q4FY20Q1FY21Q2FY21Q3FY21Q4FY21
Slide 32: Antony Waste Handling Cell Limited
WY ANTONY WASTE HANDLING CELL LIMITED
Slide 33: Quarterly Basis - Consolidated Financial Highlights
Quarterly Basis- Consolidated Financial Highlights Vy Operating Revenue® (Rs. Crores) EBITDA (Rs. Crores) Adjusted PAT (Rs. Crores) (4.99, 9%) Y 118 120 36 37 19 110 “K G2%) 33 34 18 16 16 27 11 Q4FY20 | QUFY21 Q2FY21 Q3FY21 Q4FY21 Q4FY20 | QUFY21 Q2FY21 Q3FY21 Q4FY21 Q4FY20**} QIFY21 Q2FY21 Q3FY21
Slide 34: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement Particulars (Rs. Crores) Q4FY21 Q3FY21 Q4FY20 Revenue from MSW C&T 82.5 81.2 72.5 297.3 269.0 Revenue from MSW Processing 37.4 36.4 37.6 131.9 133.2 Total operating Revenue 119.9 117.7 2% 110.1 9% 429.2 402.2 7% Contract & Others 18.4 9.6 11.8 51.5 62.4 Total Rev
Slide 35: Consolidated Financial Highlights
Consolidated Financial Highlights Vy PBT before exceptional item (Rs. Crores) & Revenue (Rs. Crores) EBITDA (Rs. Crores) & EBITDA Margin (%) PBT Margin (%) 465 481 29.7% 30.0% 18.3% 52 16.1% 4 62 15.5% 14.7% 85.1 139.5 130.3 46.4 46.4 238 298 88.7 55 81.6 L 58 FY18 FY19 FY20 FY21 FY18 FY19 FY20 FY21
Slide 36: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement e Particulars (Rs. Crores) eal FY20 FY19 FY18 Revenue from MSW C&T 297.3 269.0 166.5 169.3 Revenue from MSW Processing 131.9 133.2 76.5 60.7 Total operating Revenue 429.2 402.2 243.0 230.0 Contract & Others 51.5 62.4 55.5 58.0 Total Revenue 480.8 464.6 298.5 288.
Slide 37: Consolidated Balance Sheet Statement
VY cH Consolidated Balance Sheet Statement Assets (Rs. Crores) 31-Mar-21 31-Mar-20 31-Mar-19 31-Mar-18 Equity & Liabilities (Rs. Crores) 31-Mar-21 31-Mar-20 31-Mar-19 31-Mar-18 Non - Current Assets 481.2 475.8 426.4 300.6 Total Equity 442.6 299.9 235.3 185.6 Property Plant & Equipment 123.9 137.9 57
Slide 38: Consolidated Cash Flow Statement
S Consolidated Cash Flow Statement e Particulars (Rs. Crores) eal FY20 FY19 FY18 Net Profit Before Tax 70.6 66.9 46.4 46.4 Adjustments for: Non -Cash Items / Other Investment or Financial Items 48.6 69.3 34.1 24.1 Operating profit before working capital changes 119.2 136.2 80.5 70.5 Changes in worki
Slide 39: Abbreviations
S Abbreviations * ALESPL: Antony Lara Enviro Solutions Private Limited * AWHCL: Antony Waste Handling Cell Limited * BLF: Bio-Reactor Landfill * C&T: Collection and Transportation * GNIDA: The Greater Noida Industrial Development Authority * LARA: Lara Central De Tratamento De Rediduous LTDA * LoA:
Slide 40: Thank You
Contact Information Company : Investor Relations Advisor : Vy Strategic Growth Advisors an ee S GA — CIN: U90001MH2001PLC130485 CIN: U74140MH2010PTC204285 Mr. Subramanian NG Mr. Jigar Kavaiya/ Mr. Pratik Shah E: investor.relations@antonyasia.com E: jigar.kavaiya@sgapl.net / p.s.shah@sgapl.net T: +91
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