Adani Enterprises Limited · NSE:ADANIENT
Adani Enterprises — Q4 FY22 Earnings Presentation
37 slides from Adani Enterprises's earnings presentation, 2022
Slide 1: Adani Enterprises Ltd FY 22 and Q4 22 Earnings Presentation
Adani Enterprises Ltd FY 22 and Q4 22 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 206 bn 1 Infrastructure Portfolio Combined Market Cap Incubator Energy & Utility Transport & Logistics Direct to consumer Other businesses (74.9%) (61.3%) (74.9%) (65%) (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 1.5x 30% 4% 7% 25% Industry Industry APSEZ Adani Industry AGEL Adani Industry ATL 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 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 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 24 Bn USD 14 Bn USD 40 Bn USD 59 Bn USD 35 Bn USD 13 Bn Demerged from 2015 Demerged from 2018 IPO in 2022 • A successful incubator since 1994 • Created six unicorns an
Slide 10: AEL: Tried & tested model poised for growth
AEL : Tried & tested model poised for growth AEL Portfolio Energy & Transport & Consumer Natural Metals & Utility Logistics Businesses Resources Manufacturing New Industries Specialized Services Commerci Mining (End to end Green H2 Airports Food FMCG1 Manufacturing chain) Business al Mining Business
Slide 11: AEL – Earnings Update
AEL – Earnings Update 11
Slide 12: Summary on Operational and Financial Updates - FY22 and Q4 FY22
AEL : Summary on Operational and Financial Updates - FY22 and Q4 FY22 [Consolidated] Operations Finance Others FY22 FY22 Q4 FY22 • Handled 36.9 Mn customers at seven • Total Income up 75% to Rs.70,433 Cr Airports operational Airports • Achieved financial closure with SBI • EBIDTA up 45% to Rs. 4,726
Slide 13: AEL – Updates on Developing Businesses
AEL – Updates on Developing Businesses [Airports, Roads & Data Center] 13
Slide 14: Update on Airport Vertical
AEL : Update on Airport Vertical [Q4 FY22] [QoQ] Portfolio of 8 Airports - Serving ~ 20% of total passenger base Operational Updates Pax (in Mn) ATM (‘000) 14.5 12.4 118 96 Jaipur Lucknow 5.0 Mn Guwahati 5.4 Mn 5.4 Mn Q4 FY22 Q3 FY22 Q4 FY22 Q3 FY22 Ahmedabad FY 22 11.4 Mn Cargo (Lacs MT) Operationa
Slide 15: Update on Roads Vertical
AEL : Update on Roads Vertical Portfolio of 14 projects Project Completion Status with construction / maintenance of roads of 5000+ Lane Kms 4% 24% 40% 83% 93% 96% 76% 60% 17% 7% BHRPL BPRPL SKRPL MRRPL VBPPL NPRPL 151.700 kms Completed Under Construction HURPL UPRPL 155.700 kms156.800 kms PRSTPL BP
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 with Strong Partnership Construction updates Data Center Update Chennai • 85% of Overall Project Completed • 82% of Construction Completed Noida • Land Acquisition Complete
Slide 17: AEL – Established Businesses updates
AEL –Established Businesses updates [Solar Mfg., Mining Services & IRM] 17
Slide 18: Established Business snapshot
AEL : Established Business snapshot Solar Manufacturing Solar Operational Updates • State of art facility of 1.5 GW premium Solar cell and Volume (In MW) Sales Mix modules manufacturing facility located in India’s largest 1158 1104 2% electronic manufacturing cluster. 2% 304 376 3% 9% 263 285 267 95
Slide 19: Financial Highlights
Financial Highlights 19
Slide 20: Consolidated Financials – FY22 and Q4
AEL : Consolidated Financials – FY22 and Q4 22 (Rs Cr) Revenue EBIDTA PAT Attributable to owners FY 22 vs FY 21 Established business Developing business Established business Developing business Established business Developing business FY 22 – 70,433 75% FY 22 – 4,726 45% FY 22 – 777 65,345 FY 21 – 4
Slide 21: Segment-wise Financials – FY22
AEL : Segment-wise Financials – FY22 (Rs Cr) Established Businesses Developing Business Solar Mfg. Mining Services IRM Airports# Revenue Revenue Revenue 2360 49263 2972 2058 2558 ➢ Significant increase in Pax Movements and Air traffic 24280 movements due to phased unlocking and vaccination FY 22 FY
Slide 22: Segment-wise Financials – Q4 FY22
AEL : Segment-wise Financials – Q4 FY22 (Rs Cr) Established Businesses Developing Business Solar Mfg. Mining Services IRM Airports # Revenue Revenue Revenue 925 681 505 18014 691 ➢ Pax recovery during Q4 8585 22 was muted due to Q4 FY22 Q4 FY21 Q4 FY22 Q4 FY21 disruption in air traffic on Q4 FY22 Q4
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: Formal Policy Architecture approved by Board of Directors
AEL : Formal Policy Architecture approved by Board of Directors • Biodiversity • Climate Change Assurance Environment • Energy Management • Resource Conservation • Corporate • Group ESG Responsibility • Water Stewardship Committee (CRC) recommended policies • Diversity Equity & Inclusion to ensure e
Slide 25: ESG performance FY22 - Mining Services
AEL : ESG performance FY 22 - Mining Services 21% ↓* 13% ↓* 15% ↓* Emission Intensity Energy Intensity Water Intensity 99% 8.11 Lakh 3797 Ha - C Afforestation Waste Managed through Trees Planted 261 Ha - Reclamation 5R Terrestrial Waste Management CA Land & Excavation Plantation Area Mining Certific
Slide 26: ESG performance FY22 - Solar Mfg.
AEL : ESG performance FY 22 - Solar Mfg. Natural Resource Conservation ◼ Rooftop Solar plants helped to substitute ~ 3.66 % of Power requirement ◼ Energy Conservation initiatives helped to achieve 7.85 % reduction in Specific Power Consumption vs FY 21 (KwH/MW) ◼ 9.9 % reduction in Specific Consumpt
Slide 27: Solar Mfg. - 100% Compliance on Environment Conservation
AEL : Solar Mfg. - 100% Compliance on Environnent Conservation – Update Mar 22 ETP- Treated Water STP- Treated Water(MSPVL and MSTPL) 100 100 66 6.5 - 8.57.42 15 12 30 21 22 16 6.5 – 8.5 12 pH @ 25 ° C Total Suspended Fluoride (as F) 6.65 7.23 Solids (mg/L) (mg/L) GPCB Limit Result pH@25°C Total Sus
Slide 28: Appendix
Appendix 28
Slide 29: Developing Business - Adani Airports
AEL : Developing Business - Adani Airports Operational Details FY 22 Passengers (In Mn) ATM (In ‘000) Cargo (In Lacs MT) Airports Q4 Q3 Q2 Q1 Q4 Q3 Q2 Q1 Q4 Q3 Q2 Q1 Ahmedabad 1.6 2.1 1.3 0.7 14.6 19.9 13.2 8.4 0.1 0.1 0.1 0.1 Lucknow 1.0 1.2 0.6 0.5 8.4 9.3 6.1 5.2 - 0.1 - - Mangaluru 0.3 0.4 0.2 0
Slide 30: Developing Business - Roads and Water project updates
AEL : Developing Business - Roads and Water project updates 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 96% Suryapet Khammam HAM 58.6 Kms Telangana 2.5
Slide 31: Established Business - Mining Services
AEL : Established Business - Mining Services Quantitative Details (in MMT) Mine FY22 FY21 ROM Dispatch ROM Dispatch Parsa Kente 15.0 12.3 15.0 12.3 GP III 3.3 3.5 1.5 1.7 Talabira II and III 6.4 6.4 1.0 1.0 Kurmitar 3.0 3.0 -- -- Total 27.7 25.2 17.5 15.0 Mine Q4 FY22 Q4 FY21 ROM Dispatch ROM Dispat
Slide 32: 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 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 33: Appendix: ESG Framework
Appendix : ESG Framework 33
Slide 34: 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 35: 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 36: 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 37: 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