Rattanindia Enterprises Limited · NSE:RTNINDIA
Rattanindia Enterprises — Q1 FY22 Earnings Presentation
43 slides from Rattanindia Enterprises's earnings presentation, Aug 13, 2021
Slide 1: Investors Presentation filing letter to exchanges
ee a a “ Release ENTERPRISES — August 13, 2021 Scrip Code- 534597 RTNINDIA BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex Dalal Street, Bandra (East), MUMBAI - 400 001 MUMBAI-400 051 Sub: Investors Presentation - RattanIndia Enter
Slide 2: Investor Presentation – Q1 FY22
Investor Presentation – Q1 FY22 13 August, 2021 1
Slide 3: Disclaimer and investor contact
Contents This document contains certain forward-looking statements based on current expectations of RattanIndia Enterprises management. Actual results may vary significantly from the forward-looking statements in this document due to various risks and uncertainties. These risks and uncertainties inc
Slide 4: Contents
Contents 1 RattanIndia Enterprises Strategy 2 RattanIndia Power Overview 3 Revolt Overview 4 Matternet Overview 5 Philosophy 3
Slide 5: RattanIndia Strategy
RattanIndia Strategy RattanIndia
Slide 6: Digital ecosystems will be key drivers in India's aspirations to be $5 trillion economy
Digital ecosystems will be key drivers in India’s aspirations to be $5 trillion economy Enablers of India’s digital economy 1.3 760 650 1 billion million million billion People onboarded Smartphone Bank Account Aspiring Indians on Aadhaar stack enabled Internet Holders Users Aadhaar has evolved into
Slide 7: New age sectors with large addressable markets will be new business avenues for REL
New age sectors with large addressable markets and fast growth will be new business avenues for REL Cleantech as the guiding principle eVTOL / Urban Digital Information Air Mobility & E-Mobility Fintech commerce Technology Logistics 2020 5 50 30 190 8* Market Size (USD Bn) 2025 33 150 120 350 56** *
Slide 8: Investment Portfolio
Investment Portfolio Click the logo of companies to visit their websites 592 cr. 150 cr.1 Subject to shareholders 22.07% shareholding 43% shareholding approval Note: 1. Including 50 cr. to be invested against already allotted warrants 7
Slide 9: RattanIndia Power Overview
RattanIndia Power Overview 8
Slide 10: Superior all-round performance
Superior all-round performance • RattanIndia Power Ltd. (“RPL”) has a robust net worth of Rs. 5016 Crore (standalone) as on 30.06.2021 • RPL’s Amravati plant achieved record high PLF of 85.13% in Q1FY22 with 98% Plant Availability. Amravati plant is ranked 1st in terms of PLF amongst all power plant
Slide 11: Amravati plant is a turnaround story post debt restructuring (1/2)
Amravati plant is a turnaround story post debt restructuring (1/2) Financial Performance EBITDA PAT Year (Rs. Cr) (Rs. Cr) FY 2016 1,281# (107.71) FY 2017 1,116# (320.71) FY 2018 1,100# (418.38) FY 2019 1,105# (2791.54) FY 2020 3,480* 1898.70* FY 2021 988.22 96.71 Q1 FY 2022 297.98 87.10 #as per IGA
Slide 12: Amravati plant is a turnaround story post debt restructuring (2/2)
Amravati plant is a turnaround story post debt restructuring (2/2) • Amravati Plant has commenced operations from Dec’20 after a long hiatus • Pursuant to MERC Order dated 30 Dec 2020, competitiveness of the plant has improved significantly w.e.f. 01 Jan 2021, as the plant now falls well within 3rd
Slide 13: India has experienced robust power generation growth in last decade
India has experienced robust power generation growth in last decade Generation Country - (BUs) All India Total % Growth Power Generation in BUs FY 10 803 7.69% 1600 10% FY 11 847 5.42% 1,371 1,383 1,364 1400 1,307 1,242 8% FY 12 923 8.99% 1,168 1200 1,105 FY 13 965 4.61% 965 1,015 6% 1000 923 FY 14
Slide 14: Demand trend of MSEDCL
Minimum Demand Maximum Demand 12 14 16 18 20 22 10 12 14 16 18 20 Jul-16 Jul-16 Aug Aug Sep Sep 13.05 10.93 Oct Oct Nov Nov 12.02 Dec Dec 15.85 Jan Jan Feb Feb Mar-17 Mar-17 Apr-17 Apr-17 May May June June Demand trend of MSEDCL 16.34 July July Aug Aug Sep Sep 15.03 12.53 Oct Oct Nov Nov Dec Dec Jan
Slide 15: Standalone Quarterly Financial Results
Standalone Quarterly Financial Results Statement of Standalone Unaudited Financial Results for the Quarter Ended 30 June 2021 Quarter Ended Particulars 30.06.2021 31.03.2021 30.06.2020 (Unaudited) (Audited) (Unaudited) 1 Revenue from operations 874.36 862.13 195.74 2 Other income 83.74 369.93 78.38
Slide 16: Revolt Overview
RattanIndia Revolt Overview RattanIndia
Slide 17: India is largest two-wheeler market in the world ripe for transformation
India is largest two-wheeler (2W) market in the world ripe for transformation • India is one of the largest two-wheeler market, worth India Petrol 2W unit sales (in Crores) over 2 crore vehicles worth ~ Rs. 1.3 lac crore sold annually 2.12 2.02 1.75 [VALUE]* 1.64 [VALUE]* • India is world’s largest
Slide 18: Compelling Value Proposition driving EV 2W adoption
Compelling Value Proposition driving EV 2W adoption Low Strong Low Running Govt. Ownership Costs Support Cost GST: 5% for EVs vs. 28% for ICE 2W Large savings on fuel FAME II incentive ~ Upfront price of bills - Rs. 10 per 100 Rs. 48,000 per bike EVs comparable Kms for EVs vs. Rs. Proposed
Slide 19: Rapid scale up of EV two wheelers expected in India
Rapid scale up of EV two wheelers expected in India McKinsey’s EV 2W Annual Sales Projections (in Lac units) 50.0 EV 2W market expected to be Rs. 50,000 Cr. by 2025 with annual sales of 50 lac units 23.9 11.4 5.4 1.5 2.6 2020 2021 2022 2023 2024 2025 India is expected to become second largest E2W ma
Slide 20: EV sales have grown rapidly around the world
EV sales have grown rapidly around the world Global EV trends EV 2W unit sales in China EV 4W registrations - Europe EV 2W unit sales - Taiwan (in Lacs) (in ‘000s) (in ‘000s) 1,395 145 99 101% 144% 200% 589 39 345 30 11 4 2018 2019 2020 2018 2019 2020 2015 2017 2019 4.0% 14.1% 35.1% 2.0% 3.5% 7.5% 0
Slide 21: India has adopted new technologies at a much faster rate than major economies
India has adopted new technologies at a much faster rate than major economies India has exhibited…. 362x Fastest growth in number of demat accounts From 1998-2010 160x Fastest growth in mobile subscriptions From 2000-09 70x Fastest growth digital payment transactions From 2014-20 345x Fastest growth
Slide 22: EV 2Ws offer large export market for EV OEMs from India
EV 2Ws offer large export market for EV OEMs from India Sales – Indian 2Ws in FY 2019 (in Mn units) 3.2 • India is the largest 2W exporter globally with ~3.2 Mn 2Ws exported in 2019 • Huge opportunity for EV exports originating out from India 21.2 Exports Domestic Sales E2W leader from India has the
Slide 23: EV market leaders get superior market valuations
EV market leaders get superior market valuations Top automobile companies globally by market Market caps of leading 2W players cap as on 12th August, 2021 (in $ Bn) (as on 12th August, 2021) in Rs Lac Crores Tesla 701 Space for EV > 22.29 lac. Cr. market leader Toyota 253 Bajaj Auto 1.09 Volkswagen
Slide 24: Revolt – India's most advanced AI enabled next-gen EV bike
Revolt – India’s most advanced AI enabled next-gen EV bike • Vehicle Control Unit with edge processing capabilities at heart of Revolt. On the go bike customization of motor controller and battery management system • Multiple sensors on the bike communicate with cloud- based AI engine to optimize dr
Slide 25: Revolt is favourably positioned to capture a large market share
Revolt is favourably positioned to capture a large market share Equivalent to 125 CC Equivalent to 150 CC Range: 160 Km Range Range: 150 Km Range Top Speed: 65 Km/hr Top Speed: 85 Km/hr Battery: 2.7 KWH, full charge in 4 hrs Battery: 3.2KWH, full charge in 4 hrs Revolt competes in ~50% of the 2W mar
Slide 26: Revolt – Production update
Revolt – Production update • Deep focus of the Company to expand production capacities to meet surplus demand • Production capacity ramp up in progress with 100% “Make in India” products • Production in full swing since 2nd July 2021 • Key components procurement has been streamlined With increased p
Slide 27: Revolt – Deliveries started in full swing
Revolt – Deliveries started in full swing • Experiencing great demand from customers – since investing in Revolt in April 2021, fresh booking have been opened twice with all bikes being sold out within a short span of time • In July 2021, Revolt launched “VOLT – Vehicle OnLine Tracking system” for b
Slide 28: Revolt – focused on future scale up
Revolt – focused on future scale up • New bike model launches in pipeline • Expanding pan India footprint from current 6 cities to 35 cities • State of the art contactless online sales system • Developing in-house cutting-edge battery technology & expanding the IP repository • Revolt has saved ~11 l
Slide 29: Central Government is focused on supporting EV demand
Central Government is focused on supporting EV demand On June 11, 2021, revised FAME-II incentives announced Incentive per bike increased from ₹10,000 per KWH to ₹15,000 per KWH; Incentive cap increased from 20% to 40% of vehicle cost Effective FAME-II subsidy for RV400 buyer is ₹48,000 Exemptio
Slide 30: State governments continue to announce initiatives to promote EVs
State governments continue to announce initiatives to promote EVs Delhi Rajasthan Punjab Rs 16,200 incentive Rs 7,000 incentive Road Tax exemption Road Tax exemption State-level incentives given SGST reimbursement scrappage benefits upto Rs 5,000 directly to RV400 buyers (in Bihar addition to the Ce
Slide 31: Matternet Overview
RattanIndia RattanIndia Matternet Overview 30
Slide 32: Matternet – Global leader in Unmanned Aerial Vehicles (UAV) technology
Matternet – Global leader in Unmanned Aerial Vehicles (UAV) technology Solution Overview • Best-in-class emission-free technology for on-demand, autonomous aerial delivery in urban environment • Provides drone as a service (DAAS) in the field of healthcare and logistics • Fully autonomous with remot
Slide 33: Matternet – Ideated by a visionary founder & supported by notable investors
Matternet – Ideated by a visionary founder & supported by notable investors Select Matternet Investors: • Boeing Andreas Raptopoulos (Founder & CEO) • McKesson Ventures ► Conceptualized Matternet in 2011 • Mercedes-Benz ► A global thought leader in the UAV industry • Sony ► Member of the World Econo
Slide 34: Matternet – Experienced and globally recognized leadership team
Matternet – Experienced and globally recognized leadership team ANDREAS RAPTOPOULOS, FOUNDER & CEO PAOLO RESMINI, VP SW ENGINEERING Award-winning inventor and entrepreneur with strong drone, 15+ years of consumer and enterprise cloud systems systems design & engineering expertise. Lead inventor in 1
Slide 35: Matternet M2 Drone – Technical capabilities and use cases
Matternet M2 Drone – Technical capabilities and use cases Optimized for urban deliveries: safety, precision, small footprint, low noise, automation Conducting Beyond Visual Line of Sight (BVLOS) & Flight over People (FLOPS) deliveries for medical sector Click the image of Matternet station to watch
Slide 36: Matternet – Regulatory Approvals, Key Clients and Partners (Operational)
Matternet – Regulatory Approvals, Key Clients and Partners (Operational) Switzerland • 1st B2B healthcare operations with Swiss Post since 2017 • Approvals – BVLOS, Over cities • Routes – • Ente Ospedaliero Cantonale Civico Campus to Ente Ospedaliero Cantonale Italiano Campus • The University Hospit
Slide 37: Matternet – Regulatory Approvals, Key Clients and Partners (Planned)
Matternet – Regulatory Approvals, Key Clients and Partners (Planned) Japan • Drone delivery partnership with Japan Airlines (JAL) • Approvals - BVLOS route over dense urban area in Tokyo (yet to be approved) • Route – St. Luke’s International hospital with Mediceo’s East Tokyo distribution center •
Slide 38: Global drone market expected to grow at 27% CAGR to USD 1 trillion by 2040
Global drone market is expected to grow at 27% CAGR; to be USD 1 trillion by 2040 Global Total Addressable Market (TAM) India Market Opportunity $1,000 • Incredible precision of Matternet’s drone technology relevant for • >50% share from Transportation & Logistics sector India due to presence of lar
Slide 39: Philosophy
Rattanindia Philosophy RattanIndia
Slide 40: REL future investments guided by cleantech philosophy
As a conscious responsible corporate citizen, REL future investments would continue to be guided by cleantech philosophy Sustainable pollution free technologies is the need of the hour Revolt and Matternet are not only cutting-edge tech solutions for mobility and logistics, but are run on emission-f
Slide 41: REL's investments in Revolt and Matternet are in line with ESG investment philosophy
REL’s investments in Revolt and Matternet are in line with ESG (Environment, Social & Governance) investment philosophy BSE 100 ESG has outperformed the BSE SENSEX index over the years (from 30th April, 2014 to 12th August, 2021) • Global money invested in ESG assets now 300.56 300 exceeds $100 tril
Slide 42: Top notch Corporate Governance
Top notch Corporate Governance • Independent Directors constitute 50% of the Board • Statutory Audit performed by Grant Thornton • Audit Committee, Nomination and Renumeration Committee, Corporate Social Responsibility (CSR) Committee and Stakeholders’ Relationship Committee headed by Independent Di
Slide 43: THANK YOU
RattanIndia THANK YOU ii RattanIndia
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