Antony Waste Handling Cell Ltd. · NSE:AWHCL
Antony Waste Handling Cell — Q1 FY24 Earnings Presentation
38 slides from Antony Waste Handling Cell's earnings presentation, 2023
Slide 1: Antony Waste Handling Cell Limited Q1 FY24 Investor Presentation
Antony Waste Handling Cell Limited Q1 FY24 Investor Presentation
Slide 2: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Antony Waste Handling Cell Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe fo
Slide 3: Quarterly Highlights – Q1FY24
Quarterly Highlights – Q1FY24 MMT of Waste Processed. 1.20 ₹ 227 Total Revenue Cr. Tons of Refused Derived Fuel 27,720 ₹ 52 Cr. EBITDA Sold Tons of Compost 2,873 ₹ 23 Cr. Profit After Tax Sold Sustainability with growth …….. 3 All the figures shown in this slide are on consolidated level
Slide 4: Committed to Sustainability with Growth
Committed to Sustainability with Growth…….. Market Operational Strong Financial Leader Excellence Performance 2,105 Revenue FY23 2nd Operates Largest Largest Domestic Player Single location waste processing Vehicle fleet(1) ₹ 877 cr. plant in Asia 9 States Net Profit FY23 (Projects executed till dat
Slide 5: Industry Dynamics
Industry Dynamics India’s Waste Management Industry has enormous growth potential On average India practices higher open dumping vs global average Waste Management Industry (FY22) Compost Recycled Global Indian 10% 5% Compost Rs. Rs. W2E 13% 18% 35,500 45 bn bn Size of Domestic Waste Landfill Size o
Slide 6: Presence Across Value Chain
Presence Across Value Chain Municipal Solid Waste Generation Collection & Transportation Only ~30-35% of the MSW generated and collected in India is scientifically Transfer Station (Secondary Storage & Segregation) processed Types of Organic Recyclables Inert waste Processing Bio- Reuse/ Composting
Slide 7: Journey of Antony so far
Journey of Antony so far…. Awarded a new C&T project for NMMC Awarded a new C&T project by Jhansi Smart City Limited Awarded MSW Wins Kanjurmarg landfill project Awarded mechanized sweeping project for GNIDA Awarded a new Bio-mining contract by GNIDA C&T project in Partnership with Bra
Slide 8: Our Core Competencies
Our Core Competencies Access to technology Experienced management team with backed vehicles and strong domain expertise equipment enables us to manage our operations efficiently A leading service provider in Diversified business Municipal Solid Waste model management sector with end- to-end capabili
Slide 9: End-to-end waste management capabilities
End-to-end waste management capabilities… Involves door to door collection of MSW from households, commercial establishments etc. 1 Door to door collection Strong C&T capabilities with a large fleet of vehicles. Transportation 2 Waste is transported to the processing facility, transfer station or a
Slide 10: …with diversified revenue streams…
…with diversified revenue streams… MSW C&T MSW Processing Contract & Others 54% 20% 26% Revenue Revenue Revenue Contribution Contribution Contribution • Door to door collection through primary collection • Involve sorting & segregating waste received from • Integrated mechanical & manual sweeping of
Slide 11: …and a De-Risked business model.
…and a De-Risked business model. Factors de-risking the business model Revenue from operations Staggered revenue Partly hedged for (Rs. In Cr) % Revenue stream major costs C&T of MSW Contribution Projects diversified Tipping Fees with built- MSW Processing across timelines in escalations Contract &
Slide 12: Experience in Project Execution Across the Country
Experience in Project Execution Across the Country Type of Services Particulars Mechanized Construction & MSW C&T MSW Processing Sweeping Demolition Thane Municipal Corporation ✓ Navi Mumbai Municipal Corporation ✓ ✓ Mangaluru Municipal Corporation – North and South Zone Greater Noida Industrial Dev
Slide 13: All India Ranking as per Swachh Bharat Survey – 2022
All India Ranking as per Swachh Bharat Survey – 2022 Ranking 3rd 5th 13th 19th 21st Navi Mumbai NOIDA Thane Pimpri Chinchwad Varanasi Population >10 Lakhs <10 Lakhs >10 Lakhs >10 Lakhs >10 Lakhs Leading Player in Indian Municipal Solid Waste Management Industry Ranking 27th 31st 37th 57th Nagpur BMC
Slide 14: One of the largest single location plant in Asia
One of the largest single location plant* in Asia 2010-2036 ~5,800 Tonnes ~90% Project Tenure Currently handling waste per day Of waste generated in Mumbai is handled at Kanjurmarg site ~13 Years 12.90 mmt Project scope Balance Tenure Since project inception till June 2023 • Design, Construction, op
Slide 15: Integrated Waste-to-Energy Project
Integrated Waste-to-Energy Project Inaugurated on August 1, 2023 by Shri Narendra Modi, Hon’ble Prime Minister of India Project is estimated to save ~7 Integrated Project lakhs tons of CO2 annually, Pre-processing, Composting, Power generation and Landfill Management equivalent to ~1.5 lakhs passeng
Slide 16: Access to Technology Backed Vehicles & Equipment
Access to Technology Backed Vehicles & Equipment Collection and Transportation Technological Intervention Small Tipper – Drain Stilt 1,375 Compactor - Dumper Placer - Power Sweeping Big Tipper - Machine & Others Hook Loader - Electric Vehicle – 392 46 Machine - 11 76 45 - 66 94 1,920 out of 2,105 ve
Slide 17: Promoters & Board of Directors
Promoters & Board of Directors Promoter Directors Jose Jacob Kallarakal Shiju Jacob Kallarakal Shiju Antony Kallarakal ▪ >20 years experience in waste ▪ > 20 years of experience in waste ▪ > 20 years of experience in automobile management management sector and more than 6 years in waste ▪ Majorly re
Slide 18: Our Strategy
Our Strategy Capitalize on growth opportunities in MSW management sector Continue with rational selection of projects and strategically expand our geographical footprint Moving up MSW value chain by diversifying into emerging waste management areas Focus on enhancing operational efficiency Cluster b
Slide 19: Emerging areas of growth
Emerging areas of growth Biomethanation Waste Population Approx. Capex Qty Treatment option Products (‘000) (Rs. lakhs/TPD) o Anaerobic fermentation of bio-degradable waste in an enclosed space - (TPD) generates methane rich bio-gas fuel and sludge, used for making compost o Like composting, biometh
Slide 20: ESG
ESG Sustainability with growth …….. 20 20
Slide 21: We are a ESG centric Business
We are a ESG centric Business Social Environmental ▪ Target to achieve LTIFR rate of <0.30 by FY 24. Conduct employee trainings Governance regularly on construction dangers, ▪ Board of 6 members, headed by waste management, machine/ fire ▪ One site using byproducts to Chairman & MD, has 3 Independen
Slide 22: ESG Performance
ESG Performance Particulars Q1FY24 Scope 1 Emission (tCO2e) 5,830 Scope 2 Emission (tCO2e) 891 Emissions Avoided (tCO2e) 1,379 Swachhta Warrior 9,156 Gender Diversity (%) - Staff 4.15 - Swachhta Warrior 4.13 Attrition Rate (%) - Staff 2.37 - Swachhta Warrior 1.69 Training Imparted (Hrs.) 1,458 Commu
Slide 23: Financial Highlights
anTony/waste Financial Highlights
Slide 24: Quarterly Highlights
Quarterly Highlights Total Revenue (Rs. in Cr) EBITDA (Rs. in Cr) PAT (Rs. in Cr) 52 240 49 29 46 46 28 222 227 42 43 26 210 42 24 205 39 23 193 22 34 158 166 19 150 16 12 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 FY22 FY22 FY22 FY22 FY23 FY23 FY23 FY23 FY24 FY
Slide 25: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement Profit and Loss (in Rs. Cr) Q1FY24 Q1FY23 Y-o-Y Q4FY23 Q-o-Q FY23 FY22 Y-o-Y Revenue from MSW C&T 125.9 115.0 9% 125.3 0% 469.8 417.2 Revenue from MSW Processing 52.7 41.1 28% 44.8 18% 174.5 150.8 Total operating Revenue 178.6 156.1 14% 170.1 5% 644.4 568.0 13% C
Slide 26: Consolidated Balance Sheet Statement
Consolidated Balance Sheet Statement Assets (Rs. in Cr) 31-Mar-23 31-Mar-22 Equity & Liabilities (Rs. in Cr) 31-Mar-23 31-Mar-22 Non - Current Assets 893.0 618.5 Total Equity 616.8 532.7 Property Plant & Equipment 190.3 114.4 Share Capital 14.1 14.1 CWIP 31.3 8.9 Reserves & Surplus 471.6 402.6 Right
Slide 27: Consolidated Cash Flow Statement
Consolidated Cash Flow Statement Particulars (Rs. in Cr) Mar-23 Mar-22 Net Profit Before Tax 102.3 112.7 Adjustments for: Non -Cash Items / Other Investment or Financial Items 64.2 51.6 Operating profit before working capital changes 166.5 164.3 Changes in working capital -42.5 -38.5 Cash generated
Slide 28: Credit Rating
Credit Rating Detailed Rationale AWHCL Rating Current Rating Previous Rating • Ratings of Antony Lara Enviro Solutions Private Limited (ALESPL), material subsidiary of the Company continue to reflect: Long term Bank facilities CARE BBB+; Stable CARE BBB; Stable • Extensive industry experience of the
Slide 29: Consolidated Financial Highlights
Consolidated Financial Highlights PBT before exceptional item Revenue (Rs. in Cr) EBITDA (Rs. in Cr) & EBITDA Margin (%) (Rs. in Cr) & PBT Margin (%) 877 29.7% 30.0% 18.3% 27.1% 16.9% 25.0% 15.5% 11.7% 19.2% 14.7% 113 232 167 667 140 85 130 168 71 102 99 89 46 175 481 465 151 52 62 FY19 FY20 FY21 FY
Slide 30: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement Profit and Loss (in Rs. Cr) FY23 FY22 FY21 FY20 FY19 Revenue from MSW C&T 469.8 417.2 297.3 269.0 166.5 Revenue from MSW Processing 174.5 150.8 131.9 133.2 76.5 Total operating Revenue 644.4 568.0 429.2 402.2 243.0 Contract & Others 232.2 98.7 51.5 62.4 55.5 Tota
Slide 31: Consolidated Balance Sheet Statement
Consolidated Balance Sheet Statement Assets (Rs. Cr) Mar-23 Mar-22 Mar-21 Mar-20 Mar-19 Equity & Liabilities (Rs. Cr) Mar-23 Mar-22 Mar-21 Mar-20 Mar-19 Non - Current Assets 893.0 618.5 481.2 475.8 426.4 Total Equity 616.8 532.7 442.6 299.9 235.4 Property Plant & Equipment 190.3 114.4 123.9 137.9 57
Slide 32: Consolidated Cash Flow Statement
Consolidated Cash Flow Statement Particulars (Rs. in Cr) Mar-23 Mar-22 Mar-21 Mar-20 Mar-19 Net Profit Before Tax 102.3 112.7 70.6 82.0 47.7 Adjustments for: Non -Cash Items / Other Investment or Financial Items 64.2 51.6 48.6 54.2 34.7 Operating profit before working capital changes 166.5 164.3 119
Slide 33: Annexures
y ANTONY Annexures
Slide 34: Quality Cum Cost Based Bidding Process
Quality Cum Cost Based Bidding Process ▪ Project area analysis ▪ Compliance with various covenants for project ▪ Feasibility study - Project report closure ▪ Key Execution & Admin. risks ▪ For projects on operation and maintenance basis, ▪ Route map study entire vehicle fleet is required to be retur
Slide 35: Group structure
Group structure JV Partner Lara Central De Tratamento De Residuos LTDA, Brazil 27% 73% 100% 100% 100% 100% Antony 51% 49% 73% 25% Recycling Collection and Providing Waste Integrated waste Collection and Mechanical power Management Management transportation of transportation of sweeping of roads Solu
Slide 36: Our Operations & Facilities
Our Operations & Facilities Material Recovery Facility Bio-reactor Landfill Gas Collection Composting Sustainability with growth …….. 36
Slide 37: Abbreviations
Abbreviations ▪ ALESPL: Antony Lara Enviro Solutions Private Limited ▪ SLF: Sanitary Landfill ▪ AWHCL: Antony Waste Handling Cell Limited ▪ SWM: Solid Waste Management ▪ BN : Billion ▪ TMC: The Thane Municipal Corporation ▪ BLF: Bio-Reactor Landfill ▪ TPD: Ton / Day ▪ C&T: Collection and Transportat
Slide 38: Thank You
Thank You Company : Investor Relations Advisor : CIN: L90001MH2001PLC130485 CIN: U74140MH2010PTC204285 Mr. Subramanian NG Mr. Jigar Kavaiya / Mr. Pratik Shah E: Investor.relations@antonywaste.in E: jigar.kavaiya@sgapl.net / p.s.shah@sgapl.net T: +91 9920602034 / +91 9870030585 www.antony-waste.com w
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