Eki Energy Services Ltd. · BSE:EKI
Eki Energy Services — Q2 FY2024 Earnings Presentation
37 slides from Eki Energy Services's earnings presentation, Nov 9, 2023
Slide 1: Intimation letter to BSE on investor presentation
November 09, 2023 To, BSE Limited Corporate Relationship Department, Phiroze Jeejeebhoy Towers Dalal Street, Mumbai-400001. Scrip Code: 543284 Symbol: EKI Subject: Investor Presentation on unaudited financial results for the quarter and half year ended September 30, 2023. Dear Sir(s), Pursuant to re
Slide 2: EKI Energy Services Limited Investor Presentation – November 2023
CARBON NEUTRAL COMPANY EKI Energy Services Limited EnKing International Investor Presentation – November 2023
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by EKI ENERGY SERVICES 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: Contents
1 Company Overview Contents 2 Financial Performance 3 Key Strategic Initiatives 4 Future Outlook and Business Opportunities 5 Environment and Social Initiatives
Slide 5: Company Overview
COMPANY OVERVIEW SUSTAINABLE BEGINNING
Slide 6: Our Vision
Our Vision Vision Statement 3,500+ Clients 40+ Countries Imagine a ‘Net-Zero’ world. A world where humanity has come together and defeated the climate crisis. Where sustainability is prime consideration in all 225+ Employees human activity. Where, through focused innovation, both technological progr
Slide 7: Our Growth Journey: Celebrating 14 Years of Success
Our Growth Journey: Celebrating 14 Years of Success 2023 – 24 2022 - 23 o Recognized as Fortune 2022 next 500 companies by Fortune India o Launched India's first 2021 Climate EdTech and Climate Finance company o Received 3 global awards from Environmental o First ever company Finance under 2019-20 t
Slide 8: Business Process for Carbon Credit Development
Business Process for Carbon Credit Development Project Owner role including selection of EKI Validation + Registration Process Verification & Issuance Process Sale of Carbon Credits Client Selection of EKI Project Identification Selection of DOE for Documentation as per Approved Methodology Project
Slide 9: A Truly Global Company With Leading Market Share
A Truly Global Company With Leading Market Share… Global presence … Norway UK Germany Switzerland France Italy Jordan Turkey UAE China USA Dom. Rep. India Ghana Egypt B’desh Mexico Thailand Vietnam Rwanda Costa Rica Kenya Malaysia Singapore Philippines Brazil Malawi Peru Indonesia Botswana South Afr
Slide 10: A Sunshine Industry
A Sunshine Industry Growth Drivers The global carbon credit market traded value was US$978.56 billion in 2022. The market is expected to reach o Increasing regulatory and stakeholder pressure on global corporations to lower emissions. These trends are US$2.68 trillion by 2028. at a CAGR of 18.23% du
Slide 11: Carbon Market: The Present Turbulence
Carbon Market: The Present Turbulence One of the main catalysts behind this downward trend was the tough macroeconomic environment, which led to stagnation on the demand side in late 2022. According to the latest Google Sustainability Survey of 1,476 top-level executives at global organizations, 33%
Slide 12: Carbon Market: The Present Turbulence
Carbon Market: The Present Turbulence Causes Quality and Integrity Regulatory Russia-Ukraine War Greenwashing Issue Issues Uncertainties Market Correction a) VCM Registries are actively upgrading methodologies addressing real and measurable Credits generation b) Emergence of Independent Carbon Credi
Slide 13: International Clients
International Clients World Bank Group International Monetary The United Nations Siemens AG, Germany Statkraft Energias Fund Office for Project Services Kenya State Electricity Shell, Singapore Volkswagen, Burgos Wind Farm, Bitexco Group Generation Company, Germany Philippines Kenya Pacific Light, X
Slide 14: National Private Sector Clients
National Private Sector Clients Indian Conglomerates MNCs with Indian presence 13 The brand names mentioned are the property of their respective owners and are used here for identification purpose only
Slide 15: National Public Sector Clients
National Public Sector Clients NTPC NHPC Airports Authority of India Indore Smart City Development Oil and Natural Gas Corporation Gail Central Water & Power Research Ordnance Factory Board Balmar Lawrie & Co. Rajasthan State Mines and Station Minerals 14 The brand names mentioned are the property o
Slide 16: Our Association and Empanelment
Our Association and Empanelment International partnerships provides us a platform for product innovation Carbon Markets Association of India Membership with IETA (International ASSOCHAM Global Gold Consultant of Carbon (CMAI) Emissions Trading Association) Disclosure Project (CDP) Membership with Co
Slide 17: Our Association and Empanelment (Cont'd)
Our Association and Empanelment (Cont’d) RECS International I am SME of India Accredited with BEE ESCO INDIA Solar Prosumer Turkey Services Exports Promotion Council Alliance for an Energy Efficient Economy 16 The brand names mentioned are the property of their respective owners and are used here fo
Slide 18: Financial Performance
FINANCIAL PERFORMANCE TOWARDS NET-ZERO
Slide 19: Consolidated Financial Performance – Q2 & H1 FY24
Consolidated Financial Performance – Q2 & H1 FY24 Particulate (₹ Cr) Q2 FY24 Q2 FY23 Q1 FY24 H1 FY24 H1 FY23 Revenue from Operations 79.0 355.6 63.0 142.0 791.2 Purchase of stock-in-trade 39.7 168.4 25.5 65.2 433.7 Changes in Inventories 0.1 0.0 0.1 0.2 0.0 Cost of Materials Consumed 61.0 38.9 40.9
Slide 20: Consolidated Balance Sheet – H1 FY24
Consolidated Balance Sheet – H1 FY24 Assets (Rs. Crs) Sep’23 Mar’23 Liabilities (Rs. Crs) Sep’23 Mar’23 Property, plant and equipment 6.0 7.0 Equity Share Capital 27.5 27.5 Capital Work-in-Progress 1.2 1.3 Other Equity 419.3 495.6 Intangible Assets 5.7 5.6 Non -Controlling Interest 19.2 18.3 Intangi
Slide 21: Consolidated Cash Flow Statement – H1 FY24
Consolidated Cash Flow Statement – H1 FY24 Particulate (₹ Cr) Sep’23 Mar’23 Cash Flow from Operating Activities Profit before Tax -76.7 165.6 Adjustment for Non-Operating Items 0.5 10.0 Operating Profit before Working Capital Changes -76.1 175.6 Changes in Working Capital 122.0 67.8 Cash Generated f
Slide 22: Healthy Inventory and Broad Geographic Footprint of Sales
Healthy Inventory and Broad Geographic Footprint of Sales Stock in hand: ~12.8 Mn Credits (H1 FY24) Geographic dispersion of Sales: ~ 9 Mn Credits (H1 FY 24) Split by number of credits Split by number of credits (H1 FY24) 10.1% 10.1% 27.0% 10.5% 4.6% 1.8% 63.1% Technology based Asia 3.6% Forest base
Slide 23: Key Strategic Initiatives
KEY STRATEGIC INITIATIVES ACCELERATED NEUTRALITY
Slide 24: Key Strategic Initiatives
Key Strategic Initiatives SATISFACTION AND SUSTAINABILITY KEY TO GROWTH 1. Strengthening presence across the supply chain EKI is strengthening backward integration by carbon credit project In addition, the Company is constantly looking development. EKI is also building 360-degree MRV capabilities th
Slide 25: 1. Strengthening Supply Chain: Backward Integration
1. Strengthening Supply Chain: Backward Integration WE ARE THE LARGEST BIOMASS-BASED COOKSTOVE MANUFACTURER IN THE WORLD GHG REDUCTION TECHNOLOGIES PVT. LTD. Strengthening backward integration of carbon credit supply chain through community-based projects Started manufacturing cook stoves in Nashik
Slide 26: Robust Process For End-to-End Execution Of Community-based Projects
1. Strengthening Supply Chain: Robust Process For End-to-End Execution Of Community-based Projects (1) Monitoring Approach Illustrative evidences 1 Beneficiary data captured digitally: 1 2 Local stakeholder meeting o Identifiers incl. contact number, geo- coordinates, national ID, etc. captured dur
Slide 27: 2. Increasing Brand Presence Through 4-pronged Strategy
2. Increasing Brand Presence Through 4-pronged Strategy 1 Actively shaping the global agenda 2 Building regional networks Participation and speaking opportunities at Participation in reputed events in key geographies for EKI key global events; editorials and perspective sharing in reputed media 26 2
Slide 28: 2. Increasing Brand Presence Through 4-pronged Strategy
2. Increasing Brand Presence Through 4-pronged Strategy 3 Sectoral outreach and relevance Engagement opportunities with target client segments 4 Key partnerships and new ventures Outlook Planet 27 27 The brand names mentioned are the property of their respective owners and are used here for identifi
Slide 29: 3. Diversifying our Business
3. Diversifying our Business With an eye towards the future – we have entered into collaborative-strategic partnerships, forayed into new spaces and laid foundation for long term success Established backward integration Gravity based water-filter Manufacturing and supply chain of >40% of credits of
Slide 30: Future of the business
Future of the business Positioning in the market as Sustainability Service Experts 1 Elevating our company's market positioning from Carbon Market leadership to a leader in the broader Climate Change Market going beyond carbon offseting, aligning with the comprehensive requirements of corporations i
Slide 31: Path to Long term Success – 3P
Path to Long term Success – 3P Presence – • Clients in more than 40 countries globally including Latin America, Africa, SE Asia & Turkiye • Subsidiaries in Singapore, Dubai, Turkey and Egypt Tech-upgraded and GTM Strategy value-added own Portfolio of Offerings – credit supply chain • Offset portfoli
Slide 32: Outlook and Business Opportunities
OUTLOOK AND BUSINESS OPPORTUNITIES
Slide 33: Developments That Shall Boost EKI's Position In Carbon Markets
Developments That Shall Boost EKI’s Position In Carbon Markets Opportunity EKI’s capability Implementation of the New industry and nation- Quality premium in Paris Agreement’s Article 6 al compliance schemes the voluntary market o Provision for trade of emission reductions o New sources of demand fo
Slide 34: Strong Business Outlook and Plans Across Each Verticals
Strong Business Outlook and Plans Across Each Verticals Business unit Strategic Outlook Progress so far (FY23 YTD) Plans for next 12 months Consultancy o Diversify credit supply o Introduced new range of products: o Increase share of supply from community-based, base and continue to plastic credits,
Slide 35: Environment and Social Initiatives
ENVIRONMENT AND SOCIAL INITIATIVES
Slide 36: Environment and Social Initiatives
Environment and Social Initiatives Environment Social o Committed to reach ‘Net-Zero’ by 2030: o Plan for social activities developed including: o Undertaking annual GHG footprint calculation o Financial literacy programs for marginalized communities o Committed to UNFCCC Climate Neutral Now o Skill
Slide 37: Thank You
THANK YOU EKI Energy Services Ltd Ms. Itisha Sahu (Company Secretary & Compliance Officer) CIN :L74200MP2011PLC025904 cs@enkingint.org Mr. Devansh Dedhia +91 99301 47479 devansh.dedhia@linkintime.co.in Mr. Irfan Raeen +91 97737 78669 Irfan.raeen@linkintime.co.in
EKI Energy Services — Q2 FY2024 Earnings Presentation on 6ix