Transport Corporation Of India Limited · NSE:TCI
Transport Corporation Of India — Q2 FY25 Earnings Presentation
27 slides from Transport Corporation Of India's earnings presentation, Oct 25, 2024
Slide 1: Regulation 30 intimation letter to stock exchanges
25th October, 2024 The National Stock Exchange of India Ltd., BSE Ltd. The Listing Department, The Department of Corporate Services, “Exchange Plaza”, Phiroz Jeejeebhoy Towers, Bandra Kurla Complex, Bandra (East), Dalal Street, Mumbai – 400 051 Mumbai – 400 001 Scrip Symbol: TCI Scrip Code: 532349 D
Slide 2: Q2 FY25 Earnings Presentation
Q2 FY25 Earnings Presentation . 1 Everything Logistics®
Slide 3: TCI: Consolidated Corporate Overview
TCI: Consolidated Corporate Overview Freight Div. TCI CONCOR TCI Bangladesh TCI Nepal TCIL Middle East TCI Supply Chain Div. TCI Cold Chain Transystem Logistics TCI Chemlog Standalone Subsidiaries Seaways Div. SBUs /JVs Integrated Strengths 6+ Decades of $500+Mn 2300+ 650+ Experience Revenue Train m
Slide 4: Growth Drivers to Logistics Industry
Growth Drivers to Logistics Industry Govt. & Policy Enablers ▪ Continuous policy level intervention with National Logistics Policy ▪ Budgetary support to modernize logistics infrastructure: ports, DFC, roads, MMMP ▪ Increasing digitization of logistics data through ULIP and associated portals Custom
Slide 5: Company Strategy: Everything Logistics
Company Strategy : Everything Logistics Our Unmatchable Strengths Wide Range Strong Technology & Presence Across Of Services Multimodal Automation High Growth Capabilities & Driven Industry Sectors Network Operations 4 Everything Logistics®
Slide 6: Wide range of Services under Single Window
Wide range of Services under Single Window Unlock Business Potential Products / Services International Country Operations LTL/FTL ODC/PHH Customised Solutions Warehousing Liquid & Gas Bulk Logistics ▪ 3PL / 4PL Port Logistics In/Outbound Logistics ▪ End-to-End Supply Chain Solution Freight Forwardin
Slide 7: Case Study: 4PL Solution to Japanese Food Company
Case Study: 4PL Solution to Japanese Food Company, • Outbound movement from their plant to Pan India Pan India Primary Transport regional warehouses • END tregional warehouse ,Storage , handling & inventory management and last mile delivery on milk- Run. • Control Tower for real time tracking and te
Slide 8: Strong Multimodal Capabilities & Network
Strong Multimodal Capabilities & Network Rail Road ▪ Full Rake movements in H1 FY25 ▪ 10000+ Trucks under Operation 1168 Vs 1165 in H1 FY24 ▪ 25 Strategically placed Hubs ▪ 3 own AFTO rakes ▪ 65 Yards service last mile for finished ▪ Handling at 60+ Terminals, Railway goods Sidings, in plant ▪ Branc
Slide 9: Technology & Automation Driven Operations
Technology & Automation Driven Operations Core Business Operations ▪ Cold Chain Logistics & Warehousing ▪ Enterprise Resource Planning ▪ Rail Logistics ▪ Freight Exchange & Order Management ▪ Route Planning & Optimization ▪ Supply Chain Logistics & Warehousing ▪ FMS, WMS, TMS, VTS, E-way, E-Invoice
Slide 10: Presence across High Growth Industry Sectors
Presence across High Growth Industry Sectors Engineering and Industrial Automotive (Mobility and Industrial) ▪ Increasing Government spend on infrastructure • Untapped 4W market, 3% penetration vs 22% ▪ Growth in size of GDP in China. India is 4th largest market ▪ PLI, 100% FDI in select sectors • R
Slide 11: Key Highlights: Consolidated Revenue
Key Highlights 12000 13% 10% 10% 4% 6% 7% 10% Consolidated Revenue in Mn 30% 13% 11314 16% 10000 10560 10955 10048 9737 10115 9914 9583 9395 8000 9082 6000 4000 2000 0 Q1 Q2 Q3 Q4 2023 2024 2025 ▪ Growth momentum continued amidst moderate economic trends. ▪ Remained resilient with well-diversified s
Slide 12: TCI Freight Division: Industry Nature & Trends
TCI Freight Division: Industry Nature & Trends Industry ▪ USD 180 B Freight Transport Market, highly fragmented and unorganized ▪ LTL Freight Transport Market, relatively organized with 15% share ▪ Increasing adoption technology like on demand trucking and real-time pricing ▪ Increasing awareness on
Slide 13: TCI Freight Division: Our Edge
TCI Freight Division: Our Edge Integrated Surface Transport Solution Hub & Spoke Model 25 strategically located hubs across India that enables TCI Freight to widen its distribution network and enhance reliability in cargo consolidation and transportation. 25 Control Towers 750+ 4,600+ Single Window
Slide 14: TCI Freight Division: Key Operational Highlights
TCI Freight Division: Key Operational Highlights Fig in Mn ▪ Moderate growth amid weakness in Infra and capital Q2 Q2 goods sectors Particulars Gr% H1 FY25 H1 FY24 Gr% FY25 FY24 ▪ Impact on Margins and ROCE Revenue 4252 3991 6.6% 8439 7946 6% ▪ Continued focus on network expansion to increase LTL wi
Slide 15: TCI Supply Chain Division: Industry Trends
TCI Supply Chain Division: Industry Trends Industry ▪ Market Size USD 12 Bn ▪ Relatively less fragmented with relatively organized market ▪ 3PL Growth CAGR 15% ▪ 60% constitute road movements ▪ 3PL penetration is 4.5% Vs 11% Globally Growth Drivers • Higher demand for integrated and customized solut
Slide 16: TCI Supply Chain Division: Our Edge
TCI Supply Chain Division: Our Edge Full-stack integrated offering from Conceptualization, Design to execution 5,500+ Vehicles under Operation Owned:1100+ High warehouse space utilization by 65 expanding vertically Yards Managed VAS: labelling, repackaging, order 1250+ Mn processing, payment managem
Slide 17: TCI Supply Chain Division: Key Operational Highlights
TCI Supply Chain Division: Key Operational Highlights Fig in Mn Q2 Q2 H1 H1 ▪ Growth momentum continued amidst mixed Particulars Gr% Gr% sectorial trends in automotive. ,FMCD and Quick FY25 FY24 FY25 FY24 commerce and FMCG Revenue 4167 3721 12.0% 8028 7181 12% ▪ Good traction in warehousing and mult
Slide 18: TCI Seaways Division: Industry Trends
TCI Seaways Division: Industry Trends Industry Growth Drivers Waterways : 6% of transportation modal mix Jal Marg Vikas Project Rs. 5K+ crore Air Inland Coastal 1% 0% Coastal Shipping to 6% Increase from Rail 86MMT to 215MMT 33% by 2025 Road 60% Rail Road Coastal Air Inland The Sagar mala Project •
Slide 19: TCI Seaways: Our Edge
TCI Seaways: Our Edge Our Services One of the leading multimodal Expertise in coastal shipping First-mile and last- Multi-modal solutions coastal players having presence services, container & bulk mile connectivity with reduced carbon along the Western, Eastern & cargo movements, and via rail & road
Slide 20: TCI Seaways Division: Key Operational Highlights
TCI Seaways Division: Key Operational Highlights Fig in Mn ▪ Recovery in freight rates Q2 Q2 H1 H1 ▪ Avg .Fuel price up remained benign Particulars Gr% Gr% FY25 FY24 FY25 FY24 ▪ All Ships were under operations Revenue 1554 1274 21.9% 2892 2447 18% Fuel Price MT/INR 100000 EBDITA 629 486 29.4% 1163 1
Slide 21: TCI's Joint Ventures
TCI’s Joint Ventures Figures in Mn. H1 FY25 (FY24) Revenue 1914 (3456) 450 (809) 5758 (10099) Y-o-Y Growth 22.4% (13.4%) 32.1% (34.6%) 18.8% (45.9%) Capital Employed 611 (608) 778 (763) 3525 (3373) Strategic Partner’s Share 49% 20% 51% Key Operational Highlights Operates on asset-light model Buildin
Slide 22: Financial Highlights
Financial Highlights Fig in Mn. STANDALONE CONSOLIDATED 11.4% 21875 REVENUE 10.9% 11.0% 12.6% 10121 11314 2877 11.2% 14.8% 2675 EBDITA 13.1% 15.1% 1520 1227 1989 24.5% 1872 16.3% PAT 22.2% 23.0% 824 1074 21 *Console EBIDTA includes TLI’s share of profit minus Exceptional Items. Everything Logistics®
Slide 23: Consistent performance: Key financial Indicators
Consistent performance: Key financial Indicators Figures in Mn Return on Capital Employed 16.0 EV/EBIDTA 15.0 17000 15076 15550 40% 14.0 13.0 15000 13459 12690 12631 34% 12.0 11.0 13000 10.2 28% 10.0 11000 8.0 26.1% 25.7% 22% 9000 24.6% 24.0% 8.0 16% 7000 6.0 15.0% 10% 5000 4.0 3000 4% 2.0 1000 -2%
Slide 24: Key Financial Indicators and Shareholding Pattern
Consistent performance: Key financial Indicators Shareholding Pattern as on 30th Sept’2024 Particulars UOM 30th Sept’24 3% 1% 3% 11% Market Cap Rs Mn. 81947 Debt Incl. Leases Rs Mn. 1608 13% Cash equivalents Rs Mn (3142) Enterprise Value Rs Mn. 80413 69% P/E Nos 22.2 EV/EBITDA Nos 15.0 52 Week High
Slide 25: Nurturing Sustainable Stewardship
Nurturing Sustainable Stewardship Environmental Social Governance Nurturing Environment for a Health Safety & Empowerment Trust, Dependability & Healthier Planet Societal Impact & Nation Resilience Building • Push towards green logistics • Road safety and health initiatives • Strong and diverse Boar
Slide 26: Future Outlook
Future Outlook ▪ Overall economic trends look optimistic for rest of the year ▪ Pickup in capex cycle , manufacturing , geopolitical developments and easing of monetary policy rate etc. are factors to watch ▪ Revenue and Profit growth outlook remains at 10-15% Fig in Mn Actual (FY07 to FY25 H1 FY25
Slide 27: Thank You
Transport Corporation of India Limited TCI House, 69 Institutional Area, Sector 32, Gurugram - 122001 Tel.: +91 - 124 - 2381603-07 E-mail Id: finance.mis@tcil.com CIN: L70109TG1995PLC019116 Online Presence: www.linktr.ee/TCI_Group Thank You 26 Everything Logistics®
Transport Corporation of India — Q2 FY25 Earnings Presentation on 6ix