Adani Total Gas Ltd. · NSE:ATGL
Adani Total Gas — Investor Presentation (February 2021)
40 slides from Adani Total Gas's investor presentation, February 2021
Slide 1: Investor Presentation Equity Adani Total Gas Limited
Investor Presentation Equity Adani Total Gas Limited
Slide 2: Contents
Contents 01 ATGL Promoters Profile a Adani Group b TOTAL Group B 02 About Adani Total Gas Adani Total Gas Business and Financial 03 Profile 04 Rationale for Investment 05 Sustainability Operational & Financial Highlights – Q3 & 06 9MFY21 07 Annexures
Slide 3: ATGL Promoters Profile
01 ATGL Promoters Profile
Slide 4: About Adani Group
01a About Adani Group
Slide 5: Adani Group: A world class infrastructure & utility portfolio
Adani Group: A world class infrastructure & utility portfolio Energy & Utility Adani Transport & Logistics Portfolio Portfolio • Marked shift from B2B to B2C businesses– 63.5% 100% 75% 55% • ATGL – Gas distribution network to serve key APSEZ SRCPL ATL AGEL geographies across India Port & Logistics R
Slide 6: 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 (MT) Renewable Capacity (GW) Transmission Network (ckm) CGD7 (GAs8 covered) 161% 45% 12% 21% 2.5x 6x 3x 30% 1.5x 5% 7% 25% Industry Adani APSEZ Industry AGELAdani Industry ATL Industry AGL 2014
Slide 7: 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 8: About Total Group
01b About Total Group
Slide 9: Major Energy Player
MAJOR ENERGY PLAYER Total is a major energy player, that produces and markets fuels, natural gas and low-carbon electricity. Our100,000 employees are committed to better energy that is safer, more affordable, cleaner and accessible to as many people as possible. Active in more than 130 countries, ou
Slide 10: Meeting a Growing Demand
MEETING A GROWING DEMAND Our activities span the entire value chain: ENERGY EFFICIENCY SERVICES - from the production of energy CARBON SINKS (natural gas, solar and wind power, oil, biomass), STORAGE - through to the transport and FUEL transformation of energies into NATURAL GAS LOW-CARBON ELECTRICI
Slide 11: Taking Climate Challenges into Account
TAKING CLIMATE CHALLENGES INTO ACCOUNT Becoming the responsible energy major means integrating climate into our strategy and providing more environmentally friendly energy. Global energy demand Our objective is to cut the greenhouse gas emissions of our Mboe/d operations by 15% between 2015 and 2025
Slide 12: Key Figures
KEY FIGURES 11.8 bn $ adjusted net income in 2019 - best- in-class profitability among majors >25 GW The world no. 2 1.5-2 bn $ 3 mboe/day liquefied natural invested in of production in 2019, production capacity of low-carbon electricity of which > 50% gas operator renewable electricity by 2025 each
Slide 13: About Adani Total Gas Limited
02 About Adani Total Gas Limited
Slide 14: Adani Total Gas Journey so far
Adani Total Gas Journey so far… ATGL has undergone transformation in terms of operational scale and will continue to scale up significantly in the coming decade Adani Total Gas Limited • First Domestic Connection • Entered into a strategic Listed Entity Incorporation of at Ahmedabad 50:50 JV with IO
Slide 15: About Adani Total Gas Limited (ATGL)
About Adani Total Gas Limited (ATGL) ATGL has multipronged presence across Natural Gas Value Chain in India, has a JV with India’s largest downstream PSU and one of the world’s largest IOCs as a strategic partner in ATGL Public 37.4% 37.4% 25.2% Combined LNG Tanker LNG Terminal 38* 19 Authorized are
Slide 16: Adani Total Gas – India's Largest Private City Gas Distribution Company
Adani Total Gas – India’s Largest Private City Gas Distribution Company 1,550+ 14 Industrial 0.46 151 7,800+ Million 1.78 ATGL Operational GAs CNG stations Kms pipeline network 3,100+ Residential Average mmscmd gas supply Commercial customers Largest private player in India’s City Gas space with ove
Slide 17: Adani Total Gas Landscape (including JV – IOAGPL)
Adani Total Gas Landscape (including JV – IOAGPL ) ATGL has a geographically diversified portfolio in the CGD sector that includes major commercial, industrial and residential hubs 15 States GA Spread 71 Districts 8% Population Largest Private CGD Entity Only Private CGD Entity Listed on Indian Stoc
Slide 18: Adani Total Gas: Current Infrastructure and Trends
Adani Total Gas : Current Infrastructure and Trends 7,660+ Kms of 0.44 4.4 Lakh LakhDomestic Domestic 2976 Commercial Pipeline Networks Customers Customers Sales Volume (MMSCM) (including MDPE) Financial Performance 3 Yr. CAGR 3 Yr. CAGR 700 2500 31.4% 32.0% 582 31.0% 600 540 2000 1823 1991 30.0% 47
Slide 19: Adani Total Gas - Business and Financial Profile
03 Adani Total Gas - Business and Financial Profile
Slide 20: Resilient Operations Resulting into Strong Financial & Operating Performance
Resilient Operations Resulting into Strong Financial & Operating Performance Sales Volume Mix (MMSCMD) EBITDA (INR Cr), PAT (INR Cr) & Margin (%) 1.80 1.12 1.31 1.48 1.60 2.00 1.04 700 31% 40% 26% 29% 28% 1.60 1.00 23% 600 30% 1.40 0.80 0.72 0.00 20% 1.20 500 436 0.63 10% 1.00 (1.00) 400 0.51 0% 0.4
Slide 21: Diversified Geographic & Customer base with Prudent Gas Sourcing
Diversified Geographic & Customer base with Prudent Gas Sourcing Diversified customer base Balanced geographic spread Commercial Domestic Faridabad, 3% 9% 27% Khurja, 5% Customer Geographic Industrial Segment CNG Spread Vadodara, 5% 38% 50% Ahmedabad, 58% New GAs, 4% Prudent Gas Sourcing Strategy an
Slide 22: Automation & Digitization of Customer Facing Processes
Automation & Digitization of Customer Facing Processes ATGL has witnessed a significant growth in the share of Digital Transactions significantly over the years due to the various initiatives 1. POS – Card payments 4. Cashback and promotional offers POS – card payment receipt for ATGL has adopted a
Slide 23: Project Execution Strategy
Project Execution Strategy The strong experience in successful execution of existing 4 GAs will help ATGL in implementing the targets for the newly awarded 15 GAs Minimum Work Program to be achieved by ATGL in 8 Years for the new GAs 15 GAs 500 + CNG Stations 2.5 Million PNG Connections 1650 + Kms o
Slide 24: Rationale for Investment
adani Gas Rationale for Investment
Slide 25: Adani Total Gas – Immense Value Creation
Adani Total Gas – Immense Value Creation FY16 Growth / Increase FY20 Asset Creation (INR Cr) 1434 15% 2486 Key Focus on CAGR Growth maintaining Return Volume (MMSCMD) 1.04 11% 1.60 on Capital CAGR Growth Employed and 22% profitability ratios EBITDA (INR Cr) 288 CAGR Growth 639 to create further Retu
Slide 26: Adani Total Gas: A Compelling Investment Opportunity
Adani Total Gas: A Compelling Investment Opportunity Adani Total Gas is the largest private sector player – well positioned to take advantage of growth in NG sector Robust Track record of Financial Strong Sponsorship of Adani Group and Return profile and Total Group Key Use of best in class
Slide 27: Sustainability
adani Gas Sustainability
Slide 28: Sustainability: Environmental, Health and Safety
Sustainability Environmental • ATGL contribution to reduction of GHG emissions is expected to consistently increase over a period of time due to increasing adoption of Natural Gas • ATGL overall is positively working on reducing the carbon footprint in the cities by promoting Natural Gas Vehicles •
Slide 29: Corporate Social Responsibility (CSR)
Corporate Social Responsibility (CSR) ATGL has been at the forefront in contributing to the development of the society in the most needed areas such as health, education and livelihood ➢ Adani Foundation is the CSR, sustainability and community outreach arm of Adani Group ➢ ATGL fulfils its socio-ec
Slide 30: Social Responsibility: Flagship Initiatives
Social Responsibility : Flagship Initiatives Adani Vidya Mandir – A Place to Learn; A Space to Grow • Education is the most powerful and proven means for ensuring sustainable development in the society. • Adani Gas Limited engages with students, teachers and parents of one of its flagship initiative
Slide 31: Operational & Financial Highlights – Q3 & 9M FY21
06 Operational & Financial Highlights – Q3 & 9M FY21
Slide 32: Operational and Financial Highlights
Operational and Financial Highlights Operational Highlights ➢ Uninterrupted gas supply (24X7) maintained during the quarter ➢ Combined volume of CNG and PNG achieved 153 MMSCM in Q3 FY21 vs 154 MMCM in Q3 FY20 ➢ Commenced additional 17 New CNG stations in Q3 and has increased its network to 151 CNG
Slide 33: Key Milestones
Key Milestones ➢ CNG network Expands to 151 Stations , Added 17 New CNG Stations in Q3FY21 ➢ Achieved Highest Ever Quarterly EBITDA of INR 222 Crs ➢ Crossed 2 MMSCMD Volume in January 2021 ➢ Company has signed Share Purchase Agreement on 21st Jan’21 for acquisition of 5% Stake of Indian Gas Exchange
Slide 34: Key Financials – Quarter Wise Performance (1/2)
Key Financials – Quarter Wise Performance (1/2) Volume Comparison Q3FY21 vs Q2FY21 (MMSCM) ➢ CNG Volume has CNG PNG Total increased Q-o-Q on 68 85 153 account of recovery 59 72 131 due to Covid-19 and addition of New CNG 16% 18% 17% stations in New GAs while Y-o-Y CNG Q2FY21 Q3FY21 Q2FY21 Q3FY21 Q2F
Slide 35: Key Financials – Quarter Wise Performance (2/2)
Key Financials – Quarter Wise Performance (2/2) 33% Increase of EBITDA by GA wise Volume 33% on account of EBITDA 222 4% ➢ Gas Sourcing 166 efficiency which has led in increase in 29% Gross Margins ➢ Cost Optimization 50% Q3FY20 Q3FY21 initiatives have resulted into lower 10% 8% PBT & PAT Operationa
Slide 36: Annexures
adani Gas Annexures
Slide 37: Key Financials: Income Statement Summary – Standalone (INR Cr)
Key Financials : Income Statement Summary – Standalone (INR Cr) Quarter Ended Nine Months Ended Year Ended Particulars 31-Dec-20 30-Sep-20 31-Dec-19 31-Dec-20 31-Dec-19 31-Mar-20 Revenue from Operations 522 441 519 1170 1501 1991 Operating Expenses 260 181 312 526 926 1176 Administrative & other Exp
Slide 38: Key Financials: Income Statement Summary – Consolidated (INR Cr)
Key Financials : Income Statement Summary – Consolidated (INR Cr) Quarter Ended Nine Months Ended Year Ended Particulars 31-Dec-20 30-Sep-20 31-Dec-19 31-Dec-20 31-Dec-19 31-Mar-20 Revenue from Operations 522 441 519 1170 1501 1991 Operating Expenses 260 181 312 526 926 1176 Administrative & other E
Slide 39: Legal Disclaimer
Legal Disclaimer Certain statements made in this presentation may not be based on historical ATGL assumes no responsibility to publicly amend, modify or revise any forward- information or facts and may be “forward-looking statements,” including those looking statements, on the basis of any subsequen
Slide 40: Thank you
Thank you
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