Alphageo (india) Ltd. · NSE:ALPHAGEO
Alphageo (india) — Investor Presentation (June 2019)
36 slides from Alphageo (india)'s investor presentation, Jun 19, 2019
Slide 1: Cover letter to stock exchanges
AALPHA ~ (lND14) LIMITED Plot No.1, Sagar Society, Road No.2, Banjara Hills, Hyderabad - 500034 Tel : +91-40-23550502/23550503/23540504, Fax : +91-40-23550238 E-mail: info@alphageoindia.com, Website: www.alphageoindia.com Ref: AGIL/CS/NSE&BSE/18/2019-20 Dated: 19.06.2019 To To The Manager The Genera
Slide 2: Alphageo (India) Ltd. Investor Presentation June 2019
ALPHAGEO (INDIA) LTD. I N V E S TO R P R E S E N TAT I O N | J U N E 2 0 1 9
Slide 3: Company Snapshot
2 Company Snapshot 3D 53 3 16 47,549 GLK 7,022 Sq. Km 233 Projects Countries in Years of experience Of experience in Of experience in Team members completed till which they are in sedimentary 2D data 3D data as on 31st date present basins March, 2019 28 28 66% 60% 24.89% INR 2,765 Mn INR 3,063 Mn Ye
Slide 4: Opportunity
3 Opportunity Robust As per EIA outlook, India’s oil consumption will rise from 3.68 Mn bpd in 2012 to Demand 5.19 Mn bpd by 2020, 6.11 Mn bpd by 2030 and 8.33 Mn bpd by 2040. Reduction India imports 80% of its oil requirements. The Prime Minister has aimed to in Imports reduce oil imports by 10% by
Slide 5: Executive Summary
4 Executive Summary Incorporated in 1987, Alphageo (India) Ltd. (Alphageo), is FINANCIAL HIGHLIGHTS India’s oldest and largest private sector provider of seismic (FY19) OVERVIEW COMPANY data acquisition services. The Company provides a wide range of geophysical services to renowned national and
Slide 6: Company Overview
5 Company Overview
Slide 7: Company Overview
6 Company Overview Alphageo (India) Ltd. (Alphageo) is engaged in providing seismic Western India. data acquisition services to the oil exploration and production The Company’s clients include large national and international oil sector. majors like ONGC, Oil India Limited, GAIL (India), Petrona
Slide 8: Leadership
7 Leadership BOARD OF Mr. Dinesh Alla (Chairman and Non- Executive MANAGEMENT Mr. Venkatesa Perumallu Pasumarthy - Chief Financial Officer - Qualified Chartered DIRECTORS Director) TEAM Accountant. He has over 30 years of experience of finance, taxation and accounting matters. He is a post graduate
Slide 9: Key Milestones -2019
8 Key Milestones -2019 2013 – Acquired 2 Sercel 428 XL 2015 – Awarded with a High Value Order for systems with 7,000 channels 2,010 Sq. Km of 3D Seismic in carpet area of KG Basin 2016 – Awarded with High value and Large volume 2012 – Received a contract in contracts under NSP Programme from ONGC an
Slide 10: Geographical Presence
9 Geographical Presence Arunachal Basin Rajasthan Basin Republic of Georgia Ganga Basin Assam Basin Offshore Kutch Vindhyan Basin INDIA Myanmar Onshore Gujarat Godavari Basin Cauvery Basin
Slide 11: Key Clients
Key Clients sitvorsitet ap OnGC © Hardy Oil and Gas plc @ CANORO RESOURCES LTD; vadtdicht NTPC aitae fea fates 1 Oil India Limited ESSARS# pC NVA TOGA B apuac tsGsPc coord HeeeEC pant Ww BASHNEFT PETRONAS CARIGALI © MYANMAR INC
Slide 12: Awards & Accolades
11 Awards & Accolades Excellence in FE CFO of the Financial Reporting year 2019 by from ICAI for Express Group FY 2014-15 2015 2015 Excellence in 198th of 1000 Financial fastest growing Reporting from companies in ICAI for FY Asia Pacific 2013-14 2018 2014
Slide 13: Key Strengths
12 Key Strengths Clients Financials include all leading National Diverse Experience boasts of Strong Metrics & international Oil & Gas in understanding of diverse including low Debt-to-Equity companies topographies Ratio Technology Project Management Execution and Art Equipment are is carried out pr
Slide 14: Business Overview
13 Business Overview
Slide 15: Why Seismic Surveys?
14 Why Seismic Surveys? Seismic surveys are primarily used for oil and gas exploration. The seismic waves are created either by small explosive charges set off in shallow holes (shot holes) or by large vehicles equipped Seismic surveys use reflected sound waves to produce a ‘CAT with heavy pla
Slide 16: 2D Technology
15 2D Technology Until recently, seismic surveys were conducted along a single line on the ground, and their analysis created a two-dimensional Easiest Survey Images are not of good quality picture akin to a slice through the earth beneath that line, Method showing the subsurface geology along tha
Slide 17: 3D Technology
16 3D Technology The basic method of testing is the same as 2D, but instead of a single line of energy source points and receiver points, the source It is easy to recognize structure in3D Seismic Images It is expensive. points and receiver points are laid out in a grid over the area to almost ever
Slide 18: Services
17 Services Data Acquisition Data Processing Data Interpretation Other Services Surveys are designed based on The data recorded from a seismic Finally, the resulting processed Consultancy is provided in studying / parameters and objectives survey is originally in its ‘raw’ data must be inter
Slide 19: Typical Flowchart of Oil & Gas Exploration Companies
18 Typical Flowchart of Oil & Gas Exploration Companies ALPHAGEO Identifying Capture Acquire Process Interpret Assess Opportunities Potential areas Seismic Data Seismic Data Seismic Data Prospects Development or Success Confirmation Success Exploratory Drop Prospect Production Well Drilling Uneconom
Slide 20: Detailed Services Flow Chart
19 Detailed Services Flow Chart Preparation Planning & Designing Shot Point Maximum CH 60 CH 61 Maximum CH 120 CHOffset 1 Offset Contd. On next slide Minimum Minimum Offset Offset Geological Data Geophysical Shot Points & Layout Data is Data To image the subsurface, decision is made on the place
Slide 21: Detailed Services Flow Chart
20 Detailed Services Flow Chart Execution Source Point Receiver Point 1 2 3 4 5 6 GPS used by the After locating the points, the Drilling Crew uses After drilling shot Other than The crew lay out the Survey Crew for crew mark the places of source Jackhammers holes, dynamite is dynamite, Vibroseis Ge
Slide 22: Order Book / Bid Book Visibility
21 Order Book / Bid Book Visibility Acquisition of 2D Seismic Data on un-appraised land areas of Indian Sedimentary Basins of India, as a part of the National Seismic Program by June 2019. Execution of the contract involves addition of 10 seismic crew members to work in various sectors of India
Slide 23: Industry Overview
22 Industry Overview
Slide 24: Oil & Gas Industry
23 Oil & Gas Industry In India, the Oil and Natural Gas industry has huge potential and contributes over 15% Domestic Gas Production and Imports (Bcm) to the India’s GDP. 32.8 31.2 30.9 31.8 Prime Minister Narendra Modi’s envisions to reduce imports by at least 10% by 2022. 22.7 21.2 21.6 18.4
Slide 25: Oil & Gas Industry - OALP
Oil & Gas Industry - OALP What is OALP? Opportunities under OALP • The Open Acreage Licensing Policy (OALP) was launched in June 2017 • A total of 32 oil and gas blocks (out of 37 on offer) were allotted in as part of the Hydrocarbon Exploration Licensing Policy (HELP). the second and third rounds o
Slide 26: Advantage India
25 Advantage India Rapid Expansion Growing demand The oil and gas industry is growing robustly and players India is the world’s third largest energy consumer are undertaking investments to cater to the burgeoning globally. demand. Demand for primary energy in India is expected to The industry is exp
Slide 27: Government Policy
26 Government Policy Government Policy Hydrocarbon Exploration and Licensing Policy (HELP) was introduced in 2016, in order to revamp the oil and gas sector and address various industry concerns in the New Exploration and Licensing Policy (NELP) regime. Uniform License Unlike the multiple license mo
Slide 28: Financials
27 Financials
Slide 29: Historical Standalone Income Statement
28 Historical Standalone Income Statement INCOME STATEMENT (INR Mn) FY16 FY17# FY18# FY19# Total Income * 702 2,979 4,311 4,102 Total Expenses 540 2,029 3,108 3,036 EBITDA 162 950 1,203 1,066 EBITDA Margin (%) 23.08% 31.89% 27.91% 25.99% Depreciation 52 180 280 268 Finance Cost 7 41 55 30 PBT 103 72
Slide 30: Standalone Balance Sheet (IND-AS)
29 Standalone Balance Sheet (IND-AS) PARTICULARS (INR Mn) FY18 FY19 PARTICULARS (INR Mn) FY18 FY19 EQUITIES & LIABILITIES ASSETS Shareholder Funds Non-Current Assets a) Share Capital 64 64 a) Property, Plant & equipment 940 765 b) Reserves & Surplus 1,995 2,432 b) Capital work-in-progress 10 10 c) I
Slide 31: Historical Consolidated Income Statement
30 Historical Consolidated Income Statement INCOME STATEMENT (INR Mn) FY16 FY17# FY18# FY19# Total Income * 905 3,081 4,314 4,102 Expenses 618 2,044 3,066 3,028 EBITDA 287 1,037 1,248 1,074 EBITDA Margin (%) 31.77% 33.66% 28.93% 26.18% Depreciation 123 237 339 320 Finance Cost 7 41 56 30 PBT 157 759
Slide 32: Consolidated Balance Sheet (IND-AS)
31 Consolidated Balance Sheet (IND-AS) PARTICULARS (INR Mn) FY18 FY19 PARTICULARS (INR Mn) FY18 FY19 EQUITIES & LIABILITIES ASSETS Shareholder Funds Non-Current Assets a) Share Capital 64 64 a) Property, Plant & equipment 1,121 910 b) Reserves & Surplus 2,270 2,688 b) Capital work-in-progress 10 10
Slide 33: Key Financial Highlights
32 Key Financial Highlights EBIDTA (INR Mn) & EBIDTA Margin (%) Total Revenue (INR Mn) 1400 33.66% 28.93% 40.00% 31.77% 1200 26.18% 5,000 1,248 30.00% 1000 1,037 1,074 4,000 800 4,314 4,102 20.00% 600 3,000 3,081 400 10.00% 2,000 200 287 1,000 0 0.00% 905 FY16 FY17 FY18 FY19 - EBITDA EBITDA MARGIN (
Slide 34: Market Data
33 Market Data Share Price Performance 20% 10% 0% -10% -20% -30% -40% -50% -60% Apr-18 May-18 Jun-18 Jul-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 Mar-19 Apr-19 aplhageo sensex Price Data (31st March, 2019) INR Mn Shareholding Pattern as on 31st March,2019 CMP 474.8 Promoter 52 Week H/L (I
Slide 35: Disclaimer
34 Disclaimer Alphageo (India) Limited Disclaimer: The information contained in this presentation is only current as of its date. All actions and statements made herein or otherwise shall be subject to the applicable laws and regulations as amended from time to time. There is no representation that
Slide 36: Thank You
AB Arwen THANK YOU