Adani Enterprises Limited · NSE:ADANIENT
Adani Enterprises — FY2021 Earnings Presentation
27 slides from Adani Enterprises's earnings presentation, 2021
Slide 1: Adani Listed Portfolio Results – Compendium FY21
Adani Listed Portfolio Results – Compendium FY21
Slide 2: Adani Group: A world class infrastructure & utility portfolio
Adani Group: A world class infrastructure & utility portfolio Adani Transport & Logistics Energy & Utility • Marked shift from B2B to Portfolio Portfolio B2C businesses– • ATGL – Gas distribution 63.7% 100% 75% 56% network to serve key SRCPL ATL AGEL geographies across India APSEZ Port & Logistics R
Slide 3: Adani Group: Decades long track record of industry best growth rates
Adani Group: Decades long track record of industry best growth rates across sectors Port Cargo Throughput (MT) Renewable Capacity (GW) Transmission Network (ckm) CGD7 (GAs8 covered) 12% 45% 118% 20% 3x 5x 3x 30% 1.5x 4% 7% 25% Industry Adani APSEZ Industry AGELAdani Industry ATL Industry AGL 2014 97
Slide 4: 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 Activity • Site acquisition • Engineering & design • Redesigning the • Analysis & market • Life cycle O&M capital
Slide 5: Adani Listed Portfolio: Highlights of FY21 Results
Adani Listed Portfolio : Highlights of FY21 Results (YoY) Operations Strategy Finance • AGEL Added 925 MW operational • In AGEL, Total acquired 50% stake in • AGEL consolidated EBITDA up by 41% capacity, consistent Solar CUF of 2.35 GW ac portfolio of operating solar to Rs.2,632 cr. and PAT at Rs.18
Slide 6: Listed Portfolio: EBITDA from Transport, Incubation and Utilities
Adani Listed Portfolio : EBITDA from Transport, Incubation and Utilities Rs. In cr. Transport & Logistics Platform Incubator (AEL) Utility Platform 6% CAGR 10% CAGR 35% CAGR 10,034 19,044 3,259 9,427 2,968 14,079 FY 20 FY 21 FY 20 FY 21 FY 20 FY 21 Key Highlights – Performance of Utility Platform •
Slide 7: Listed Portfolio: EBITDA growth in FY21
Adani Listed Portfolio : EBITDA* growth in FY21 Rs. In cr. APL APSEZ^ ATL • APL EBITDA improved due to improved merchant tariffs, 10597 10034 5066 lower imported coal prices, & 9427 4519 6% 12% higher prior period income 7059 50% recognition • AGEL EBITDA grew on account of increased revenue from po
Slide 8: Listed Portfolio: PAT growth in FY21
Adani Listed Portfolio : PAT growth in FY21 Rs. In cr. APSEZ ATL APL 1290 1240 5049 3785 33% 82% 707 FY20 FY21 • All portfolio companies FY20 FY21 FY20 FY21 registered profit after tax -2264 (PAT) • Adani portfolio PAT grew even AEL* ATGL AGEL during pandemic signifies its underlying utility nature.
Slide 9: Listed Portfolio: Value creation for shareholders
Adani Listed Portfolio : Value creation for shareholders Share price in Rs. ATGL AEL AGEL 1105 1031 961 1014% 649% 621% 138 153 86 • All Adani portfolio stocks gave FY20 FY21 FY20 FY21 FY20 FY21 return in excess of 100% and outperformed index by a significant margin (Nifty-50 APL APSEZ gave a return
Slide 10: Adani Portfolio Business wise performance - FY21
Adani Portfolio Business wise performance - FY21 10
Slide 11: Adani Ports and SEZ Ltd: Transformational journey
Adani Ports and SEZ Ltd : Transformational journey Industry Business • 3x growth compared to market achieved without dilution • From a single port single commodity to an integrated in equity. logistics platform. • Driving efficiency through mechanization at large scale. • Strategic partnerships to u
Slide 12: Adani Ports and SEZ Ltd: FY21 Result Highlights
Adani Ports and SEZ Ltd : FY21 Result Highlights (YoY) Operations Strategy Finance • Cargo volume of 247 MMT up 11%, • Enhanced value for share holders • Operating revenue at Rs.12,550 cr. up market share of 25%, a gain of 4% through acquisition of Krishnapatanam by 6% points. port, Gangavaram port,
Slide 13: Adani Enterprises Ltd: A Successful Incubator
Adani Enterprises Ltd : A Successful Incubator Successful Incubator Value to Shareholders Capital Management • Created 5 infrastructure unicorn • Delivered returns at 32% CAGR • Robust Leverage Profile with Value Creation since inception since listing in 1994 Debt to equity ratio of 0.8x • Demerged
Slide 14: Adani Enterprises Ltd: FY21 Result Highlights
Adani Enterprises Ltd : FY21 Result Highlights (YoY) Operations Strategy Finance • IRM1 volume stood at 63.4 MMT in FY21 • Took over operations, management and • Consolidated EBITDA grew 10% to vs 78.8 MMT in FY20 due to COVID development of Ahmedabad, Lucknow and Rs.3259 cr. due to increase in sola
Slide 15: Adani Green Energy Ltd: Transformational Growth Profile
Adani Green Energy Ltd : Transformational Growth Profile Secure Sites & Connectivity Resource Assessment Construction Readiness Development 200,000 acres 85+ Wind Geotechnical studies Resource rich Sites in strategic data locations Solar resource and detailed design planning, locations with ~31 GW p
Slide 16: Adani Green Energy Ltd: FY21 Result Highlights
Adani Green Energy Ltd : FY21 Result Highlights (YoY) Operations Strategy Finance • Added 925 MW operational capacity in • Adani and TOTAL deepened their • Total Revenue up by 34% FY21 despite pandemic strategic alliance with conclusion of (at Rs.3,520 cr) 50:50 JV between AGEL and TOTAL • Awarded/
Slide 17: Adani Transmission Ltd: A platform well-positioned to leverage T&D growth
Adani Transmission Ltd: A platform well-positioned to leverage growth opportunities in T&D business Execution Prowess Strategic Presence Healthy pool mix Transmission - Presence in 12 Development Transmission Network of states with 23 transmission Transmission (FY21): lines 52% of EBITDA - Central p
Slide 18: Adani Transmission Ltd: FY21 Result Highlights
Adani Transmission Ltd : FY21 Result Highlights (YoY) Operations Strategy Finance Transmission Business: • Robust locked-in growth in • Consolidated Revenue declined 14% to Transmission side with project pipeline Rs.8840 cr. due to drop in distribution • Added 2,536 ckt kms to its network in busines
Slide 19: Adani Total Gas Ltd: Largest private player in India's City Gas space
Adani Total Gas Ltd: Largest private player in India’s City Gas space with a decade of experience Largest Private CGD player Execution Excellence Infrastructure Creation Development 38 Geographical Areas Commissioned 18 GAs Focus on 15+ years of experience with faster Laying CNG Stations and Pipelin
Slide 20: Adani Total Gas Ltd: FY21 Result Highlights
Adani Total Gas Ltd : FY21 Result Highlights (YoY) Operations Strategy Finance • Highest no of CNG station added in a • To Roll out CNG faster for early • Revenue from Operations stood at Year ( 102 CNG Station added in FY21) monetization Rs.1784 Cr in FY21 vs. Rs.1991 Cr in FY20 • Added 500 new com
Slide 21: Adani Power Ltd: At a glance
Adani Power Ltd : At a glance Generation capacity Largest private sector IPP2 Project Capex / MW Development 14 GW 16.4% / 5.9% Rs. 5.2 Cr/MW (12,4501 MW Operational / (of India’s private/aggregate coal + (Operational projects) 1,600 MW under construction) lignite generation capacity) FY 2020-21 Cor
Slide 22: Adani Power Ltd: FY21 Result Highlights
Adani Power Ltd : FY21 Result Highlights (YoY) Operations Strategy Finance • APL achieved an Average PLF of 58.9% • Signed 1,230 MW Power Supply • Consolidated total revenues marginally compared to 66.6% in FY20 Agreement with Madhya Pradesh higher at Rs.28,150 cr. in FY21 vs Rs. • Aggregate sales v
Slide 23: Quick Links to FY21 results of Adani listed portfolio
Quick Links to FY21 results of Adani listed portfolio 23
Slide 24: FY21 Result Quick Links – AGEL and ATL
Adani Portfolio : FY21 Result Quick Links – AGEL and ATL Adani Green Energy Limited Adani Transmission Limited • Financials as per SEBI format – • Financials as per SEBI format – • https://www.adanigreenenergy.com/-/media/Project/GreenEnergy/Investor- • https://www.adanitransmission.com/- Downloads/
Slide 25: FY21 Result Quick Links – ATGL and APSEZ
Adani Portfolio : FY21 Result Quick Links – ATGL and APSEZ Adani Total Gas Limited Adani Ports and SEZ Limited • Financials as per SEBI format – • Financials as per SEBI format – • https://www.adanigas.com/- • https://www.adaniports.com/-/media/Project/Ports/Investor/Investor- /media/Project/AdaniGa
Slide 26: FY21 Result Quick Links – AEL and APL
Adani Portfolio : FY21 Result Quick Links – AEL and APL Adani Enterprises Limited Adani Power Limited • Financials as per SEBI format – • Financials as per SEBI format – • https://www.adanienterprises.com/- • https://www.adanipower.com/-/media/Project/Power/Investors/Investors- /media/Project/Enterp
Slide 27: Thank you
Thank you