Adani Total Gas Ltd. · NSE:ATGL
Adani Total Gas — FY2024 Earnings Presentation
44 slides from Adani Total Gas's earnings presentation
Slide 1: Adani Total Gas Limited 12M & Q4FY24 Earnings Presentation
Adani Total Gas Limited CGD | e-Mobility | Biomass 12M & Q4FY24 Earnings Presentation
Slide 2: Contents
Contents Safety First at ATGL 01 ATGL Promoters Profile a Adani Group b TOTAL Group 02 About Adani Total Gas Ltd (ATGL) 03 New Businesses Operational and Financial Performance – 04 12M & Q4 FY24 05 Sustainability Update 06 Investment Rationale Annexure
Slide 3: Health & Safety: A Precondition to Work in ATGL
Health & Safety : A Precondition to Work in ATGL Ensures Zero Fatality through robust safety measures & programs Safety Awareness Risk Management Culture Approach Safety Strategy Sync to Incident Management Business Strategy Personal Safety Safety Audits Asset Integrity & Process Safety Reliability
Slide 4: About Adani Group
01a About Adani Group
Slide 5: Adani Portfolio: A World class infrastructure & utility portfolio
Adani Portfolio: A World class infrastructure & utility portfolio Flagship Infrastructure & Utility Core Portfolio Primary Industry Emerging B2C Materials, Metal & Incubator Energy & Utility Transport & Logistics Direct to consumer Mining (72.6%) (56.4%) (73.2%) (65.9%) (100%) (66.7%) AGEL AESL APSE
Slide 6: Adani Portfolio: Decades long track record of industry best growth
Adani Portfolio: Decades long track record of industry best growth with national footprint Secular growth with world leading efficiency National footprint with deep coverage Growth 3x 6 Growth 4x 6 EBITDA 70% 1,2 EBITDA 92% 1,4 AEL APSEZ Growth 3x 6 Growth 1.4x 6 AGEL ATGL Adani’s Core Infra. Platfo
Slide 7: Adani Portfolio: Repeatable, robust & proven transformative model of investment
Adani Portfolio: Repeatable, robust & proven transformative model of investment Phase Development Operations Post Operations Center of Excellence Project Management & Assurance Group (AIIL) AIMSL1 Policy -Strategy - Risk Origination Site Development Construction Operation Capital Mgmt Activity • Ana
Slide 8: About Total Group
01b About Total Group
Slide 9: A Broad Energy Company
A Broad Energy Company • TotalEnergies is a global multi-energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables and electricity. • TotalEnergies is committed to energy that is more affordable, cleaner, more reliable and accessible to as many peop
Slide 10: Strengths
Strengths We are present across the entire 100,000+ people representing 160 We are active in more than 130 value chain, from production to nationalities and 740+ professions countries distribution A diversity which is decisive for our competitiveness and attractiveness FINANCIAL PERFORMANCE $21.4 bn
Slide 11: About Adani Total Gas Limited
02 About Adani Total Gas Limited
Slide 12: ATGL: Diversified Energy Platform
ATGL : Diversified Energy Platform Business Structure ATGL Presence CGD 37.4% Adani Total 37.4% 52* 124 Gas GAs Districts Covered 14 % 15 % Population Area covered# LNG for Core CGD Trucking & Business Mining 100% CGD Business (33 Licences) New Sustainable JV & Investments Bio Businesses Phase-1 of
Slide 13: CGD: Stable Regulatory Framework
CGD : Stable Regulatory Framework CGD Business includes creating City Gas POST AUTHORIZATION - CGD ENTITY Distribution Network and provide natural gas to Compressed Natural Gas (CNG) and Piped Natural Gas (PNG) segments CGD Infrastructure Network includes CNG Creation of City Gas Distribution Networ
Slide 14: ATGL: Gas Sourcing and Pricing Mechanism
ATGL : Gas Sourcing and Pricing Mechanism To promote adoption of city-gas networks, Gas allocation / supply to the CGD system placed under the no cut category, consequently giving CGD highest priority than other sectors Priority Sectors for Gas allocation (in order of priority) 1 City Gas Distributi
Slide 15: ATGL's Offerings: Consumer Segments
Consumer Segments – Core , Sticky & Sustainable ✓ 24X7 continuous supply ✓ Regular Safety Checks ATGL’s ✓ Quick Service ✓ Safe, clean and green supply chain Offerings ✓ Response to Customers MSME Commercial CNG Domestic Penetration is fast but the Penetration is gradual along Large savings against G
Slide 16: My Adani Gas App: Digitalization for Consumers
0 My Adani Gas App : 360 Digitalization for Consumers Share of Digital Payment in all Consumer Transactions (%) 95% 97% 98% 92% 82% 50% FY19 FY20 FY21 FY22 FY23 FY24 Available in Call Addressed by IVRS • 17% of the total calls are Hindi | English & Gujarati Significant growth in the share of Digital
Slide 17: SOUL – Automation, Digitalization and Innovation
SOUL – Automation, Digitalization and Innovation , way of Life at ATGL Platform for Emergency Response Standardization of Management Systems and Processes GIS SCADA VTS Key Operations Solar Monitoring Asset Life cycle Management Digital Platform Gas Balancing for all ATGL Operations Customer Delight
Slide 18: New Businesses
adani Gas New Businesses
Slide 19: Adani TotalEnergies E-Mobility Limited (ATEL)
Adani TotalEnergies E-Mobility Limited (ATEL) Key Strategic Partnerships Strategy & Focus Network Portfolio E-charging solutions (As on 31-Dec-2023) at Educational e-buses at Airport Institutes Airside Plan to set up over 3000 606 Charge Points charging points with a Mix of B2B and B2C Segment 14 St
Slide 20: Adani TotalEnergies Biomass Limited (ATBL)
Adani TotalEnergies Biomass Limited (ATBL) Barsana Bio Plant – Non-MSW ATBL commissioned Phase-1 (225 TPD), India’s one of the largest Biomass project Bio Plant, at Barsana, Uttar Pradesh on 31st March 2024) • Cow dung 150 Tons per day is being sourced from the largest cow shelter (60m000 Cows) in I
Slide 21: ATBL Municipal Solid Waste Projects
Adani TotalEnergies Biomass Limited (ATBL) Municipal Solid Waste Projects Ahmedabad Municipal Corporation Rajkot Municipal Corporation • In September 2023, ATGL has been awarded by • In February 2024, ATBL has been awarded by AMC to Design Build Finance & Operate 500 TBD Rajkot Municipal Corporation
Slide 22: Operational and Financial Performance – 12M & Q4FY24
04 ATGL – Operational and Financial Performance – 12M & Q4FY24
Slide 23: Operational and Financial Highlights – FY24
Operational and Financial Highlights –FY24 – Y-o-Y CGD - Operational Highlights ➢ CNG Stations increased to 547, Added 91 CNG stations, with 108 being CODO/DODO stations ➢ Steel pipeline network increased to ~ 12,023 inch-km ➢ 8.20 Lakh PNG Home Connection, ~1.16 lakh homes connected to PNG ➢ PNG Co
Slide 24: Infrastructure Update: As on 31 March 2024
Infrastructure Update : As on 31 March 2024 CNG Stations Steel Network in Inch-Km 547 12023 505 91 CNG Station 11712 ~ 1135 Inch –Km added in FY24 pipeline was laid in FY24 31-Dec-23 31-Mar-24 31-Dec-23 31-Mar-24 Break up of CNG Stations PNG Connections No of Household (Lakhs) Commercial Industrial
Slide 25: Volume & Gas Sourcing – FY24
Volume & Gas Sourcing –FY24 - Y-o-Y Volume in MMSCM Gas Sourcing Update CNG PNG 557 308 294 459 21% 5% • Portfolio diversification and Recalibration through long term agreements: ❖ 5 Year RIL HPHT contract w.e.f. April 2023 ❖ 4 Year RIL HPHT contract w.e.f. Dec 2023 FY23 FY24 FY23 FY24 ❖ 3 Year GAIL
Slide 26: Key Financials – FY24
Key Financials –FY24 - Y-o-Y EBITDA All Fig in INR Crs Revenue From Operations 1,150 4683 4813 907 Y-o-Y Comparison ➢ Although the overall volume has 3% 27% increased by 15% Y-o-Y, Revenue from operations has increased by 3% due to reduction in gas cost by 6% due to reduction in price of APM gas alo
Slide 27: Volume & Financials – Q4FY24
Volume & Financials –Q4FY24 - Y-o-Y Volume in MMSCM Revenue From Operations EBITDA All Fig in INR Crs 1,257 CNG 1,197 305 149 23% 121 5% 49% 205 Q4FY23 Q4FY24 Q4FY23 Q4FY24 Q4FY23 Q4FY24 CNG Volume has increased by 23% Y-o-Y on account of CNG network expansion across multiple Geographic Areas PBT PB
Slide 28: Key Financials – FY24
Key Financials –FY24 - Y-o-Y All Fig in INR Crs Net Fixed Assets Gross Debt ➢ ATGL continues to grow its infrastructure 4517 1471 asset base and has added over INR 611 Crs to INR 4517 Crs while debt has INR 611 INR 99 increased by only INR 99 Crs Crs Crs ➢ Debt to Net Fixed Assets at 0.33x 3906 1372
Slide 29: ESG Framework & Sustainability Update – FY24
05 ESG Framework & Sustainability Update – FY24
Slide 30: ATGL – Embarking towards Robust ESG Framework
ATGL -Embarking towards Robust ESG Framework United Nations Sustainable GRI Standards Global Compact Development Goals Guiding principles Guiding TCFD SBTi CDP disclosure Policies principle Policy Driven Governance Focus Areas (UNSDG) • Environment Policy • GHG emission reduction E • Environment Man
Slide 31: ESG Highlights
ESG Highlights Plantation drive Key ESG Initiatives/Achievements UN SDGs Climate Action Rated with “B” Ranked 13th under Program Award - under CDP – Gas utilities with Committed Climate change 80 percentile 3376 km covered 15000+ Students Total 900 KWp for methane leak trained under (1.25 mn units /
Slide 32: ATGL: Strong Governance Structure
ATGL : Strong Governance Structure Board of Directors Board Committees Statutory Committees Non- Statutory Committees Nomination & Stakeholders Corporate Responsibility Public Consumer Information Technology & Audit Committee Remuneration Committee Relationship Committee Committee Committee Data Sec
Slide 33: ATGL: Awards and Accolades
ATGL : Awards and Accolades Outstanding Corporate office Commitment in awarded with Road Safety by IGBC “Gold” Corporates Certification FICCI Climate Action Golden Peacock Program – award for HR Committed Excellence By CII 33 ADANI TOTAL GAS LIMITED
Slide 34: Rationale for Investment
adani Gas Rationale for Investment
Slide 35: ATGL: Strong Growth with Financial Discipline
ATGL : Strong Growth with Financial Discipline All Fig in INR Crs except ratios Gross Debt to Net Fixed Assets Total Assets EBITDA 1150 6524 INR 4466 Crs of Assets Addition 541 16% 2058 0.35 0.33 FY19 FY24 FY19 FY24 FY19 FY24 PAT Gross Debt 1471 Net Debt to EBITDA 653 0.89 INR 1077 Crs of 23% Debt A
Slide 36: ATGL: Well positioned for industry leading growth
ATGL: Well positioned for industry leading growth Pan India presence Strong Promoters Infrastructure Growth 52 Geographical Areas Adani & Total Energies2 (37.4% each) Commissioned 19 GAs GAs spread pan India across 124 Provides significant synergies in both 18+ years of experience Development distri
Slide 37: Our path of Growth with Goodness
0 Our path of Growth with Goodness – 360 Adani Total Gas : One of the Largest CGD player poised to leverage growth opportunity The Ten-Fold Approach will Strengthen the Company’s preparedness to address opportunities with de-risked speed Building a Better Tomorrow through Expanding our Horizons to p
Slide 38: Annexure
adani Gas Annexure
Slide 39: Infrastructure Update incl. JV – IOAGPL: As on 31 Mar 2024
Infrastructure Update - incl. JV – IOAGPL : As on 31 Mar 2024 CNG Stations Steel Network in Inch-Km 903 20817 21566 835 170 New CNG stations added in FY24 31-Dec-23 31-Mar-24 31-Dec-23 31-Mar-24 PNG Connections No of Households (Lakhs) No of Industrial Connections No of Commercial Connections 9.30 9
Slide 40: ATGL Key Financials: Income Statement Summary – Standalone
ATGL Key Financials : Income Statement Summary – Standalone (INR Cr) Quarter Ended Year Ended Particulars 31-Mar-24 31-Dec-23 31-Mar-23 31-Mar-24 31-Mar-23 Revenue from Operations 1257 1243 1197 4813 4683 Cost of good sold 797 824 891 3188 3392 Operating & other expenses 172 131 111 522 421 Total Ex
Slide 41: ATGL Key Financials: Income Statement Summary – Consolidated
ATGL Key Financials : Income Statement Summary – Consolidated (INR Cr) Quarter Ended Year Ended Particulars 31-Mar-24 31-Dec-23 31-Mar-23 31-Mar-24 31-Mar-23 Revenue from Operations 1258 1244 1197 4816 4683 Cost of goods sold 797 824 891 3190 3392 Operating & other expenses 173 132 112 523 422 Total
Slide 42: ATGL: List of Location
ATGL : List of Location ATGL GAs IOAGPL GAs S.No. Geographical Area State S.No. Geographical Area State 1 Ahmedabad City and Daskroi Area Gujarat Panchkula (EAAA), Sirmaur Districts, Shimla & Solan (EAAA) 1 Haryana 2 Vadodara (part) Gujarat District 3 Surendranagar (EAAA) Gujarat 2 Chandigarh Chandi
Slide 43: Legal Disclaimer
Legal Disclaimer Certain statements made in this presentation may not be based on historical ATGL assumes no responsibility to publicly amend, modify or revise any forward- information or facts and may be “forward-looking statements,” including those looking statements, on the basis of any subsequen
Slide 44: Thank You
THANK YlewU