Adani Enterprises Limited · NSE:ADANIENT
Adani Enterprises — Q2 FY21 Earnings Presentation
22 slides from Adani Enterprises's earnings presentation, November 2020
Slide 1: Adani Enterprises Ltd Q2 FY21 Performance Highlights
Adani Enterprises Ltd Q2 FY21 Performance Highlights November, 2020
Slide 2: Content
Content 01 Group Profile 02 Company Profile 03 Operational and Financial Performance 04 ESG Performance
Slide 3: Group Profile
Group Profile 3
Slide 4: Adani Group: A world class infrastructure & utility portfolio
Adani Group: A world class infrastructure & utility portfolio Adani Transport & Logistics Energy & Utility Portfolio • Marked shift from B2B to Portfolio B2C businesses – • AGL – Gas distribution 63.5% 100% 75% 75% network to serve key APSEZ SRCPL ATL AGEL geographies across Port & Logistics Rail T&
Slide 5: Adani Group: Decades long track record of industry best growth rates across sectors
Adani Group: Decades long track record of industry best growth rates across sectors Note: 1 Data for FY20; 2 Excludes forex gains/losses; 3 EBITDA = PBT + Depreciation + Net Finance Costs – Other Income; 4 EBITDA Margin represents EBITDA earned from power sales and exclude other items; 5 FY20 data f
Slide 6: Adani Group: Repeatable, robust & proven transformative model of investment
Adani Group: Repeatable, robust & proven transformative model of investment 6
Slide 7: AEL: A Successful Incubator
AEL : A Successful Incubator Successful Incubator Value to Shareholders Capital Management • Created 5 infrastructure unicorn • Delivered returns at 30% CAGR • Robust Leverage Profile with Value Creation since inception since listing in 1994 debt to equity ratio of 0.7x • Demerged AGL and AGEL in la
Slide 8: AEL Incubation story so far: Creating infrastructure unicorns
AEL Incubation story so far > > Creating infrastructure unicorns AEL 2007 2009 2015 2018 2018 APSEZ APL ATL AGEL AGL USD 10 Bn USD 2 Bn USD 4 Bn USD 18 Bn USD 3 Bn Demerged from 2015 Demerged from 2018 • A successful incubator since 1994 • Created 5 infrastructure unicorns and the process continues…
Slide 9: Company Profile
Company Profile 9
Slide 10: AEL: Tried & tested model poised for growth beyond 2020
AEL : Tried & tested model poised for growth beyond 2020 AEL and its Incubation Portfolio Resources Transport & Logistics Utility Strategic Mining Rail / Data IRM Airports Road Water Solar Mfg Services Metro Centre Incubating new wave of Infrastructure & Utility Assets Adani Adani Global Fze Wilmar
Slide 11: AEL: Update on COVID-19 and AEL's response
AEL : Update on COVID-19 and AEL’s response • As per IMF India’s GDP to contract 10.3%* in 2020. • To bounce back from FY22 due to measures taken by govt. to boost demand, with a expected growth of 6-7%. • Volumes across our segments witnessed significant recovery due to phased unlocking and governm
Slide 12: Operational & Financial Highlights
Operational & Financial Highlights 12
Slide 13: AEL – Business Highlights
AEL – Business Highlights IRM volumes in Q2 FY21 increased by 112% at 15.7 MMT vs 7.4 MMT in Q1 FY21 IRM H1 FY21 volume stood at 23.2 MMT during H1 FY21 vs 34.4 MMT in H1 FY20 Coal production in Q2 FY21 increased by 17% to 3.5 MMT vs 3.0 MMT in Q2-20 • PEKB – 3.2 MMT vs 3.0 MMT in H1 FY20 • Ga
Slide 14: AEL – Key Consolidated Financials (Q2 FY21 and H1 FY21)
AEL – Key Consolidated Financials (Q2 FY21 and H1 FY 21) (Rs Cr) Normalised PAT* Exceptional Item Revenue EBIDTA 951 9,312 8,627 362 540 50@ 362 180 -130 Q2 FY21 Q2 FY20 Q2 FY21 Q2 FY20 Q2 FY21 Q2 FY20 @ PAT is not comparable as it includes one time exceptional loss of Rs. 130 crores Revenue EBIDTA
Slide 15: AEL – Important Segments Consolidated Financials
AEL – Important Segments Consolidated Financials (Rs Cr) IRM Mining Services MSPVL H1 FY21 H1 FY20 H1 FY21 H1 FY20 H1 FY21 H1 FY20 Volume 23.2MMT 34.4MMT -33% 5.7MMT 5.8MMT -2% 497MW 515MW -3% Revenue 8,191 13,666 -40% 923 841 10% 1,177 1,077 9% EBIDTA 201 476 -58% 542 532 2% 361 158 128% Q2 FY21 Q2
Slide 16: AEL – Adani Wilmar: Steady overall performance [50:50 JV]
AEL – Adani Wilmar: Steady overall performance [50:50 JV] (Rs Cr) Revenue EBIDTA 290 8,649 254 7,190 Q2 FY21 Q2 FY20 Q2 FY21 Q2 FY20 Revenue EBIDTA 16,229 727 14,687 662 H1 FY21 H1 FY20 H1 FY21 H1 FY20 Fortune brand continues to dominate the domestic retail consumer pack market with 20% market sha
Slide 17: AEL – Robust Leverage Profile
AEL – Robust Leverage Profile (Rs Cr) Sept-20 Mar-20 ST Debt & ST Debt & Segment LT Debt Total LT Debt Total WC WC IRM 369 3,762 4,131 725 4,601 5,326 Mining Services 1,424 516 1,940 507 581 1,088 Solar Manufacturing 1,613 271 1,884 1,191 426 1,617 Shipping 496 - 496 608 - 608 Incubating Businesses
Slide 18: ESG Performance
ESG Performance 18
Slide 19: AEL: ESG performance
AEL : ESG performance 10 % ↓* 3 % ↓* Emission Intensity Energy Intensity Water Intensity 0.20 tCO2/MT 7860 GJ/MMT 187 Litres / MT 99% 4.93 Lakh 3797 Ha - C Afforestation Waste Managed through Trees Planted 206 Ha - Reclamation 5R Terrestrial Waste Management CA Land & Excavation Plantation Area Mini
Slide 20: AEL: Sustainability – Social Footprint
AEL : Sustainability – Social Footprint Our CSR Philosophy As a Group, social upliftment is key to our approach Education Health & Sanitation • Free medical assistance and healthcare available Healthcare at the doorstep of villagers Skill Development & Sports Promotion Entrepreneurship • 10+2 CBSE s
Slide 21: AEL: CSR Activities
AEL : CSR Activities Education Community Health Adani Vidya Mandir- Free Educational support to Project SuPoshan operational in 22 locations in 12 students from LKG to Class IX to 672 students states have benefitted 55% families which are below poverty line. Project Sankalp- Special Coaching Classes
Slide 22: Disclaimer
Disclaimer Certain statements made in this presentation may not be based on historical information or facts and may be “forward-looking statements,” including those relating to general business plans and strategy of Adani Enterprises Limited (“AEL”),the future outlook and growth prospects, and futur