Transport Corporation Of India Limited · NSE:TCI
Transport Corporation Of India — Q2 FY25 Earnings Presentation
25 slides from Transport Corporation Of India's earnings presentation, October 2024
Slide 1: Q2 FY25 Earnings Presentation
Q2 FY25 Earnings Presentation . 1 Everything Logistics®
Slide 2: 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 3: 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 4: 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 5: 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 6: 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 7: 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 8: 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 9: Consolidated Revenue in Mn: Key Highlights
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 10: 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 11: 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 12: 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 13: 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 14: 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 15: 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 FY25 FY24 Gr% FY25 FY24 Gr% sectorial trends in automotive. ,FMCD and Quick commerce and FMCG Revenue 4167 3721 12.0% 8028 7181 12% ▪ Good traction in warehousing and mult
Slide 16: 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 17: 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 18: TCI Seaways Division: Key Operational Highlights
TCI Seaways Division: Key Operational Highlights Fig in Mn ▪ Recovery in freight rates Particulars Q2 Q2 Gr% H1 H1 Gr% ▪ Avg .Fuel price up remained benign 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 19: 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 20: 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 20 *Console EBIDTA includes TLI’s share of profit minus Exceptional Items. Everything Logistics®
Slide 21: 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 22: Consistent performance: Key financial Indicators
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 23: 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 24: 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 25: 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 25 Everything Logistics®
Transport Corporation of India — Q2 FY25 Earnings Presentation on 6ix