Gateway Distriparks Limited · NSE:GATEWAY
Gateway Distriparks — Investor Presentation (April 2022)
40 slides from Gateway Distriparks's investor presentation, Apr 26, 2022
Slide 1: Investor Presentation cover letter to exchanges
1 GATEWAY D1STRlPARKS 26'" April, 2022 BSE limited National Stock Exchange of India Ltd. Phiroze Jeejeebjoy Towers Exchange Plaza, C-1, Block G, Da lal Street Bandra Kurla Complex, Bandra (East) Mumbai 400001 Mumbai - 400 051 Scrip Code: 543489 Trading Symbol: GATEWAY Subject: Investor Presentation
Slide 2: Gateway Distriparks Limited Investor Presentation April 2022
Gateway Distriparks Limited Investor Presentation April 2022
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Gateway Distriparks Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any s
Slide 4: Business Overview
Business Overview
Slide 5: India's Leading Integrated Intermodal Logistics Company
India’s Leading Integrated Intermodal Logistics Company Services across the Network of 9 ICDs Strategically located value chain of and CFSs, connected to serve all the major intermodal logistics to maritime ports industrial & across India manufacturing zones of India Large fleet of train- Large equi
Slide 6: Railway linked Inland Container Depots (ICD)
Railway linked Inland Container Depots (ICD) ICDs catering to the EXIM business are A strong early located at Gurgaon, mover advantage All ICDs have Faridabad, Ludhiana in ICD business, adequate land bank and Viramgam (near Company operates catering to northern to double the Ahmedabad, Gujarat) rail
Slide 7: Container Freight Stations (CFS)
Container Freight Stations (CFS) Company operates five CFSs with total Offer various services like capacity of 536,000 TEUs which caters transportation, storage, bonded & to JNPT and key southern ports of general warehousing, empty handling Chennai, Visakhapatnam, Kochi and & storage, refer containe
Slide 8: Service Offering
Service Offering Rail Transportation Container Freight Services Warehousing Last Mile Transportation • Operate 31 rakes of which 21 are • Provide all Services of CFS: • General, Bonded and Domestic • Provide pickup and delivery to/ owned CT-PAT Compliant warehousing from the port and Customer’s o fo
Slide 9: Business Flow Chart
Business Flow Chart Export Business ICD/CFS Rail Transportation • Act as concentration points for long distance cargoes and its unitisation • Provide secure storage facility at Road Road warehouses in CFS/ ICD Transportation Transportation • Transit facility service Factory Customs Clearance Port •
Slide 10: Strategically Located Facilities
Strategically Located Facilities Land Design Capacity Installed Capacity ICD Terminals (Acres) (TEU’s) (TEU’s) Garhi Harsaru, Gurgaon 90 5,00,000 2,50,000 Sahnewal, Ludhiana 60 3,00,000 1,50,000 Sahnewal, Ludhiana Piyala, Faridabad 65 3,00,000 1,50,000 Garhi Harsaru, Gurgaon Piyala, Faridabad Viramg
Slide 11: Strong Asset Base
Strong Asset Base • ICD Capacity – 650,000 TEUs p.a. • Train Sets – 31 (21 owned) Key Equipment • CFS Capacity – 536,000 TEUs p.a. Metrics Bank • Tractor Trailers – 531 • Close & Open Total Warehouse Capacity – ~1,60,000 sq. mt. • Reach Stackers – 50 • Reefer Plug Points – 500 • Hydra Cranes – 9 • E
Slide 12: Capex Plans
Capex Plans • Capex of Rs. 150 crore over the next two years • GDL plans to invest in Rail linked • Company plans to setup 2 satellite terminals in North India terminals in next two years • Satellite terminals will enable • Have plans to acquire up to 10 aggregation of cargo through its high capacit
Slide 13: Future Ready
Future Ready Healthy Balance Sheet › Stronger asset base, with large cash reserves and Net Debt:EBITDA ratio of 0.74 DFC Benefits › Commissioning of Rewari-Palanpur stretch could benefit customers by operation of longer, heavier and faster train services which will improve operational efficiency Str
Slide 14: Shareholding Information
Shareholding Information Shareholding Pattern March 2022 Life Insurance Corporation Of India Retail & Others Kuwait Investment Authority Eastspring Investments 14% Promoters Bodies 32% Corporate SBI Mutual Fund Franklin Mutual Fund 2% HDFC MF TOP INSTITUTIONAL INVESTORS IN THE COMPANY Schroder ICICI
Slide 15: Promoter Group
Promoter Group Mr. Prem Kishan Dass Gupta Mr. Ishaan Gupta Mr. Samvid Gupta Chairman And Managing Director Joint Managing Director Joint Managing Director 14
Slide 16: Board of Directors
Board of Directors Mr. Prem Kishan Dass Gupta Mr. Ishaan Gupta Mr. Samvid Gupta Chairman And Managing Director Joint Managing Director Joint Managing Director Mr. Anil Aggarwal Mr. Arun Kumar Gupta Ms. Vanita Yadav Independent Director Independent Director Independent Director 15
Slide 17: Snowman Logistics Limited - An associate company
Snowman Logistics Limited - An associate company Snowman Logistics Limited, an associate company of 01 GDL (40.25% stake), is the largest integrated temperature-controlled logistics service provider in India. 02 Snowman has a nationwide network of temperature controlled warehouses, and a large fleet
Slide 18: Rail linked Inland Container Depot (ICD) Business
Rail linked Inland Container Depot (ICD) Business
Slide 19: Railway Business – At an Inflection Point
Railway Business – At an Inflection Point Viramgam Terminal Excellent Connectivity Strategically located at the confluence of double-stack route of its flagship hub at Operates regular container Garhi Harsaru and also the Strategic Locations train services to the Nhava Mundra & Pipavav ports Sheva,
Slide 20: Rail Linked ICD Infrastructure
Rail Linked ICD Infrastructure Garhi Harsaru, Gurugram Piyala, Faridabad Sahnewal, Ludhiana Viramgam, Ahmedabad Land (Acres) 90 65 60 40 Installed Capacity Revenue Streams 2,50,000 1,50,000 1,50,000 1,00,000 (TEU’s) Design Capacity 5,00,000 3,00,000 3,00,000 2,00,000 (TEU’s) Warehouse Capacity 21,50
Slide 21: Key Financial Metrics - Quarter
Key Financial Metrics - Quarter Throughput (TEUs) Revenues (Rs. Crs) EBITDA/ TEU (Rs./TEU) 85,255 90,385 261 275 9,680 10,357 77,772 255 9,021 Q4 FY21 Q3 FY22 Q4 FY22 Q4 FY21 Q3 FY22 Q4 FY22 Q4 FY21 Q3 FY22 Q4 FY22 Rail container volumes Q4 FY22 Q4 FY21 Y-o-Y Q3 FY22 Q-o-Q Throughput (TEUs) 90,385 7
Slide 22: Key Financial Metrics – YTD
Key Financial Metrics – YTD Throughput (TEUs) Revenues (Rs. Crs) EBITDA/ TEU (Rs./TEU) 3,33,270 1,030 8,837 9,485 2,48,504 816 FY21 FY22 FY21 FY22 FY21 FY22 Rail container volumes FY22 FY21 Y-o-Y Throughput (TEUs) 3,33,270 2,48,504 34% Realization (Per TEU) 30,892 32,832 -6% Revenue (Rs Crs) 1,029.5
Slide 23: Dedicated Freight Corridor
Dedicated Freight Corridor
Slide 24: Western Dedicated Freight Corridors (DFC) – A Game Changer
Western Dedicated Freight Corridors (DFC) – A Game Changer Operational & Cost efficiencies Shift from Road transportation to Rail transportation Transit Assurance Note: Maps not to scale. All data, information, and maps are provided "as is" without warranty or any representation of accuracy, timelin
Slide 25: Dedicated Freight Corridors (DFC) – A Game Changer
Dedicated Freight Corridors (DFC) – A Game Changer Game Changer The commissioning of Dedicated Freight Corridors (DFC) will entirely change the dynamics of the Container Rail Business Increase in Average Speed DFCs will result in higher asset turnaround due to a two times increase in the average spe
Slide 26: DFC to boost Rail led ICDs
DFC to boost Rail led ICDs • Rewari – Madar (Ajmer) route Sahnewal, Ludhiana inaugurated on 7th January 2021 Garhi Harsaru, Gurgaon Asaoti, Faridabad • Once Madar (Ajmer) – Palanpur route is under operational trials. This should Western DFC increase productivity of operators by 10% Viramgam, Ahmedab
Slide 27: Container Freight Station (CFS) Business
Container Freight Station (CFS) Business
Slide 28: Container Freight Station (CFS) – Robust Infrastructure
Container Freight Station (CFS) – Robust Infrastructure Nava Sheva, Chennai Vishakhapatnam Kochi Krishnapatnam Services Offered Mumbai • Paved area: • Paved Area: • Plot Area of • Plot area of • Land area 6,00,000 sqft 60,000 sqmt ~26,300 sqmt ~1,41,700 sqmt; ~93,000 acres • Covered • Open yard for
Slide 29: Key Financial Metrics - Quarter
Key Financial Metrics - Quarter Throughput (TEUs) Revenues (Rs. Crs) EBITDA/ TEU (Rs./TEU) 92,851 95,449 96 2,415 2,317 87,487 88 84 1,993 Q4 FY21 Q3 FY22 Q4 FY22 Q4 FY21 Q3 FY22 Q4 FY22 Q4 FY21 Q3 FY22 Q4 FY22 CFS volumes Q4 FY22 Q4 FY21 Y-o-Y Q3 FY22 Q-o-Q Throughput (TEUs) 87,487 92,851 -6% 95,44
Slide 30: Key Financial Metrics – YTD
Key Financial Metrics – YTD Throughput (TEUs) Revenues (Rs. Crs) EBITDA/ TEU (Rs./TEU) 3,73,906 364 344 3,156 3,20,012 2,175 FY21 FY22 FY21 FY22 FY21 FY22 CFS volumes FY22 FY21 Y-o-Y Throughput (TEUs) 3,73,906 3,20,012 17% Realization (Per TEU) 9,204 11,357 -19% Revenue before SEIS (Rs. Crs) 344.1 3
Slide 31: Financial Performance
Financial Performance Due to COVID-19 led restrictions in FY21, the figures of FY22 are not strictly comparable with prior period
Slide 32: Financial highlights - Quarter
Financial highlights - Quarter Total Income (Rs. Crs) EBITDA* (Rs. Crs) EBITDA Margin* (%) 350 349 359 113 31.4% 98 100 28.0% 28.7% Q4 FY21 Q3 FY22 Q4 FY22 Q4 FY21 Q3 FY22 Q4 FY22 Q4 FY21 Q3 FY22 Q4 FY22 PBT (Rs. Crs) PAT (Rs. Crs) PAT Margin (%) 85 22.6% 68 48 51 46 48 13.1% 13.5% Q4 FY21 Q3 FY22 Q
Slide 33: Financial highlights – YTD
Financial highlights – YTD Total Income (Rs. Crs) EBITDA* (Rs. Crs) EBITDA Margin* (%) 1,374 402 29.2% 27.5% 1,179 324 FY21 FY22 FY21 FY22 FY21 FY22 PBT (Rs. Crs) PAT (Rs. Crs) PAT Margin (%) 224 15.9% 210 114 7.9% 95 FY21 FY22 FY21 FY22 FY21 FY22 * Includes Other Income 32
Slide 34: Quarterly Profit & Loss Statement
Quarterly Profit & Loss Statement Particulars (Rs. Crs) Q4 FY22 Q4 FY21 Y-o-Y Q3 FY22 Q-o-Q Revenue from Operations before SEIS Income 359.1 350.2 3% 349.3 3% Other Income 18.0 2.9 6.8 Total Income before SEIS Income 377.0 353.1 7% 356.0 6% Operating Expenses 218.2 210.9 216.2 Employee Expenses 19.8
Slide 35: YTD Profit & Loss Statement
YTD Profit & Loss Statement Particulars (Rs. Crs) FY22 FY21 Y-o-Y Revenue from Operations before SEIS Income 1,373.7 1,179.3 16% Other Income 33.2 11.3 Total Income before SEIS Income 1,406.8 1,190.7 18% Operating Expenses 843.3 710.2 Employee Expenses 65.8 67.6 Other Expenses 96.0 88.6 EBITDA befor
Slide 36: Balance Sheet
Balance Sheet ASSETS (Rs. Crs) 31-Mar-22 31-Mar-21 EQUITY AND LIABILITIES (Rs. Crs) 31-Mar-22 31-Mar-21 NON-CURRENT ASSETS 2,105.3 2,135.5 EQUITY 1,646.6 1,484.6 Property, Plant and Equipment 1,346.7 1,358.6 Equity Share capital 499.6 499.6 Capital Work In-Progress 10.1 29.1 Other equity 1,137.1 975
Slide 37: Deleveraging Balance Sheet
Deleveraging Balance Sheet Net Debt Movement (Rs. Crs) Net Debt: Equity (X) Net Debt: EBITDA (X) 2.21 0.51 2.06 681 58 0.47 1.84 623 1.67 115 508 494 0.36 14 470 0.34 1.37 51 443 27 29 441 0.30 67 374 76 298 0.18 0.74 Mar-Repaid Jun- Repaid Sep- Repaid Dec- RepaidMar-IncreaseJun- Repaid Sep- Repaid
Slide 38: Gross Debt Payment Schedule
Gross Debt Payment Schedule Rs. Crs Term Loan Vehicle loan 487 128 110 18 113 103 437 123 10 102 21 67 66 55 50 55 1 1 Mar-22* Repayment FY23 Repayment FY24 Repayment FY25 Repayment FY26 Repayment FY27 Repayment FY28 * - Excluding Cash Credit and Others Note: Company has fully redeemed NCD of Rs. 28
Slide 39: Financial Trends
Financial Trends 1,030 867 869 789 816 743 763 Revenue Rail Vertical 316 EBITDA* 174 211 188 221 PBT** 156 152 222 98 139 119 83 75 87 FY16 FY17 FY18 FY19 FY20 FY21 FY22 418 417 387 386 387 363 344 Revenue 192 EBITDA* 140 118 106 155 103 81 CFS Vertical PBT** 110 111 -6 86 66 -7 63 FY16 FY17 FY18 FY
Slide 40: For further information, please contact
For further information, please contact Company : Investor Relations Advisors : Gateway Distriparks Limited Strategic Growth Advisors Pvt. Ltd. CIN - U60231MH2005PLC344764 CIN - U74140MH2010PTC204285 Mr. Sandeep Kumar Shaw Mr. Jigar Kavaiya / Mr. Parin Narichania sandeep.shaw@gateway-distriparks.com
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