Adani Total Gas Ltd. · NSE:ATGL
Adani Total Gas — Q3 FY22 Earnings Presentation
35 slides from Adani Total Gas's earnings presentation, January 2022
Slide 1: 9M and Q3FY22 Earnings Presentation
Adani Total Gas. Helping transition India to a Adani Total Gas Limited gas-based economy 9M and Q3FY22 - Earnings Presentation
Slide 2: Contents
Contents Safety First at ATGL 01 ATGL Promoters Profile a Adani Group B b TOTAL Group 02 About Adani Total Gas Ltd (ATGL) Operational and Financial Performance – 03 9MFY22 04 Sustainability Update 05 Investment Rationale Annexure 2 ADANI TOTAL GAS LIMITED
Slide 3: Safety is a Pre-condition to Work
Safety First at ATGL Safety is a Pre-condition to Work Zero Fatality Safety Awareness & Training Management Systems National Safety week, Environment Day, QMS, EMS & OHSAS, T4S, IMS & ERDMP (PNGRB) Health and Safety Trainings Field HSE Assurance Incident Management HSE inspections, Suraksha Samwaad
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 Adani Transport & Logistics Energy & Utility • Marked shift from B2B to Portfolio Portfolio B2C businesses– • ATGL – Gas distribution 63.8% 100% 75% 61.3% network to serve key ATL AGEL geographies across India APSEZ NQXT2 Port & Logistics
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 (MMT) Renewable Capacity (GW) Transmission Network (ckm) CGD7 (GAs8 covered) 132% 12% 45% 21% 3x 5x 3x 30% 1.5x 4% 7% 25% Industry Adani APSEZ Industry Adani AGEL 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 • Analysis & market • Site acquisition • Engineering & design • Life cycle O&M • Redesigning capital stru
Slide 8: About Total Group
01b About Total Group
Slide 9: A Broad Energy Company
A Broad Energy Company • TotalEnergies is a broad energy company committed to providing energy that is ever more affordable, clean, reliable and accessible to as many people as possible. • More energy, fewer emissions: that is the dual challenge we must meet with our customers, stakeholders and soci
Slide 10: Key Figures
Strengths Key Figures 10 ADANI TOTAL GAS LIMITED
Slide 11: About Adani Total Gas Limited
02 About Adani Total Gas Limited
Slide 12: About ATGL: Multipronged presence across Natural Gas Value Chain in India
About ATGL : Multipronged presence across Natural Gas Value Chain in India ATGL - JV of India’s Largest Infrastructure Player – Adani Group and Oil and Gas Major - TotalEnergies 37.4% 37.4% 74,8% Gas Suppliers NG Transportation Pipeline Entities (GAIL, GSPC.etc) 50% 50% IOAGPL - JV with India’s larg
Slide 13: ATGL – Operational and Financial Performance – 9MFY22
03 ATGL – Operational and Financial Performance – 9MFY22
Slide 14: Operational and Financial Highlights – 9MFY22 – Y-o-Y
Operational and Financial Highlights – 9MFY22 – Y-o-Y Operational Highlights ➢ CNG Stations increased to 287, added 70 new CNG stations ➢ Over ~ 2,122 Inch Km of Steel Pipeline laid ➢ PNG Home Connection increased to 5.31 Lacs (~ added 52,611 new connections) ➢ PNG Commercial & Industrial connection
Slide 15: Infrastructure Update: As on Dec 2021
Infrastructure Update : As on 31 Dec 2021 CNG Stations Steel Network in Inch-Km 287 7780 43 New CNG ~ 782 Inch –Km stations pipeline was laid added 244 6998 Q2FY22 Q3FY22 Q2FY22 Q3FY22 PNG Connections Other Update No of Household Commercial Industrial • There has been a steady progress in developing
Slide 16: Break up of CNG Stations
Break up of CNG Stations CNG Stations As on 30 Sept 2021 As on 31 Dec 2021 • COLO format has been the primary engine for faster and early monetization for the GA and helps in creating Ecosystem faster. • Company to focus on increasing DODO format going forward • 174 CNG stations has been commissione
Slide 17: Geographic Spread and Gas Sourcing
Geographic Spread and Gas Sourcing Diversified geographic spread Gas Sourcing Strategy and Pricing Mechanism Volume Spread • ATGL sources APM gas for CNG and Domestic Segment and it is allocated by Government 17% • For the balance volume, the Current portfolio (for I&C segment) 7% Geographic 44% has
Slide 18: Volume – Nine Month Performance – 9MFY22 - Y-o-Y
Volume – Nine Month Performance – 9MFY22 - Y-o-Y Volume in MMSCM CNG PNG Total 260 248 507 71% 26% 45% 197 349 152 9MFY21 9MFY22 9MFY21 9MFY22 9MFY21 9MFY22 ➢ CNG Volume has increased by 71% Y-o-Y .This is mainly on account of addition of New CNG stations and strong economic recovery ➢ PNG Volume ha
Slide 19: Key Financials – Nine-Month Performance – 9MFY22 - Y-o-Y
Key Financials – Nine-Month Performance – 9MFY22 - Y-o-Y All Fig in INR Crs EBITDA Revenue From Operations Y-o-Y Comparison 2141 673 Increase of Revenue by 83% 28% 525 on account of increase in 83% 1170 volume coupled with increase in sales price. EBITDA increased by 28% , which was on account of 9M
Slide 20: Update on 11th Round CGD Bidding
Update on 11th Round CGG Bidding Adani Total Gas is poised to become largest CGD player in India by winning 14 GAs in 11th Round CGD bidding conducted by PNGRB • Adani Total Gas wins and receives Letter of Intent (LOI) of 14 new Geographical areas in the 11th Round CGD Bidding. This will Strengthens
Slide 21: Adani Total Gas Landscape (including JV – IOAGPL) – Covering 124 Districts
Adani Total Gas Landscape (including JV – IOAGPL ) – Covering 124 Districts Largest CGD player poised to leverage growth opportunity 21 ADANI TOTAL GAS LIMITED
Slide 22: Adani Total Gas: Investment in CGD and Allied Business for Value Creation
Adani Total Gas : Investment in CGD and Allied Business for Value Creation CGD Licenses CGD Licenses Adani Total Gas • Focus on Diversification by exploring opportunities 9th Round 10th Round 11th Round in Adjacent Businesses to Existing GAs CGD Bidding CGD Bidding CGD Bidding bring wider offering t
Slide 23: Sustainability Update
adani Gas Sustainability Update
Slide 24: Environment Initiatives
Environment Initiatives Decarbonization of Water Resource Solarization Fleets & Genset Management • Solarization of ATGL Assets to Reduce ➢ Currently 40% LCVs / HCVs are ➢ 20 location water meter installed to Grid Electricity Consumption (Scope converted to CNG based vehicles and get water balance 2
Slide 25: Social Initiatives
Social Initiatives “Greenmosphere” – ATGL Low Carbon Society Occupation Health & Safety Initiative ➢ Launch of Greenmosphere on 24th Dec,2022 • Zero fatality maintained during the quarter “Greenmosphere” aims to create a low carbon society • LTI rate maintained at less than 0.5 (best in through comm
Slide 26: Rationale for Investment
adani Gas Rationale for Investment
Slide 27: We are uniquely placed largest private CGD entity
We are uniquely placed largest private CGD entity STRONG PARENTAGE AT A CUSP OF GROWTH ➢ Adani Group and TotalEnergies ➢ Well placed to gain from increasing as parent share of Natural gas from 6.2% to 15% ➢ Access to best Global practices of the Indian Energy mix in medium from TotalEnergies term CG
Slide 28: Annexure
adani Gas Annexure
Slide 29: Operational and Financial Highlights – Q3FY22 – Y-o-Y
Operational and Financial Highlights – Q3FY22 – Y-o-Y Operational Highlights ➢ CNG Stations increased to 287, added 43 new CNG stations ➢ Over ~ 780 Inch Km of Steel Pipeline laid ➢ PNG Home Connection increased to 5.31 Lacs (~ added 24729 new connections) ➢ PNG Commercial & Industrial connection Cu
Slide 30: Volume – Quarter Wise Performance - Q3FY22 - Y-o-Y
Volume – Quarter Wise Performance - Q3FY22 - Y-o-Y Volume in MMSCM CNG PNG Total 91 101 7% 25% 192 47% 153 68 85 Q3FY21 Q3FY22 Q3FY21 Q3FY22 Q3FY21 Q3FY22 ➢ CNG Volume has increased by 47% Y-o-Y .This is mainly on account of addition of New CNG stations ➢ PNG Volume has increased by 7% Y-o-Y due to
Slide 31: Key Financials – Quarter Wise Performance - Q3FY22 - Y-o-Y
Key Financials – Quarter Wise Performance - Q3FY22 - Y-o-Y All Fig in INR Crs EBITDA Y-o-Y Comparison Revenue From Operations 932 Increase of Revenue by 78% 222 on account of increase in 78% volume coupled with 522 -5% increase in sales price. 211 Despite increase Revenue, EBITDA decreased by 5% , Q
Slide 32: Key Financials: Income Statement Summary – Standalone
Key Financials : Income Statement Summary – Standalone Nine Year Ended Quarter Ended (INR Cr) Particulars Months Ended (INR Cr) (INR Cr) 31-Dec-21 30-Sep-21 31-Dec-20 31-Dec-21 31-Dec-20 31-Mar-21 Revenue from Operations 932 687 522 2141 1170 1784 Operating Expenses 655 364 260 1264 526 858 Administ
Slide 33: Key Financials: Income Statement Summary – Consolidated
Key Financials : Income Statement Summary – Consolidated Nine Year Ended Quarter Ended (INR Cr) Particulars Months Ended (INR Cr) (INR Cr) 31-Dec-21 30-Sep-21 31-Dec-21 31-Dec-21 31-Dec-20 31-Mar-21 Revenue from Operations 932 687 522 2141 1170 1784 Operating Expenses 655 364 260 1264 526 858 Admini
Slide 34: 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 35: Thank you
Thank you