Transport Corporation Of India Limited · NSE:TCI
Transport Corporation Of India — Q1 FY23 Earnings Presentation
26 slides from Transport Corporation Of India's earnings presentation, Aug 4, 2022
Slide 1: Exchange intimation under Regulation 30
4th August, 2022 The National Stock Exchange of India Ltd., BSE Ltd. The Listing Department, The Department of Corporate Services, “Exchange Plaza”, Phiroz Jeejeebhoy Towers, Bandra Kurla Complex, Bandra (East), Dalal Street, Mumbai – 400 051 Mumbai – 400 001 Scrip Symbol: TCI Scrip Code: 532349 Dea
Slide 2: Earnings Presentation Q1 FY23
Earnings Presentation Q1 FY23
Slide 3: Group Overview
Group Overview TCI TCI Developers Supply Seaways Subsidiaries & TCI Express Freight Div. Chain Div. Div. JVs TCI CONCOR Transystem TCI Cold Chain TCI Bangladesh TCI Nepal 6+ 2.5% 7000+ 1,500+ 12,000+ Decades of $600+ Mn Moving India’s Employees IT Enabled Trucks in Experience Revenue GDP by Value St
Slide 4: Logistics industry Growth drivers
Logistics industry Growth drivers Consumer Driven w Increasing trends in online shopping & digital transactions w High Degree of Urbanization Regulatory & Customer Driven Government Initiatives w Focus on core area of business: w Infrastructure push PM Gati increased outsourcing Shakti ,BharatMala,
Slide 5: Company Strategy: Everything Logistics
Company Strategy : Everything Logistics Wide Range of Services Key USPs Strong Network Technology & Driven to incubate high growth segments © 2022 TCI Everything Logistics | 4
Slide 6: Wide Range of Customized Services
Wide Range of Customized Services VERTICALS SERVED/ PRODUCTS Automobiles Retail and CP Hi-tech (ICE) BENEFITS FOR CUSTOMERS Healthcare/ Lifesciences Single Window Solution Energy & Renewables Operational Cost Efficiencies Aviation & Defense Trusted Delivery & Fulfillment E-Commerce Economies of Scal
Slide 7: Multimodal Network
Multimodal Network Rail Coastal • High End CBU Logistics • End-to-End Ship Deployed :6 container DWT : 79,000 movement GP containers : 8000+ • Cross Border ISO TTR – 650+ movement Full rake movements Own Trains : 3 AFTO (Trains) 409 (Q1 2022-23) 272 (Q1 2021-22) Containers management Yards & Termina
Slide 8: Unique Positioning to incubate High Growth Segments
Unique Positioning to incubate High Growth Segments Chemical + Pharma Agri. ++ Renewables Cold Chain SAARC WHY are these high growth segments? 1. Supply chain disruption in China 1. 16% of GDP in 1. Global Renewable 1. Growth in the organized 1. BBIN & CMLV & Europe farm & food sector energy market
Slide 9: Technology Driven Operations
Technology Driven Operations 04 06 02 Strong Tech Team Customer and Suppliers w Customer Control Central Monitoring System towers w Version Control w Vehicle Tracking & Fleet w Project Management w Customer Relationship Management System System Management/Portal & w Logistics Control Tower w Tech en
Slide 10: Key Highlights
Key Highlights Steady performance with highest quarter ever. Mixed sectorial trends with challenges like inflation and demand volatility in few sectors. Market liquidity position tighter however company net borrowing remains at zero. Our adherence to core business fundamentals enables to us
Slide 11: TCI Freight Division: Industry nature and trends
TCI Freight Division: Industry nature and trends Key Industry trends: • Need for FTL & LTL from ～40 Bn USD 160 Bn USD customers Less than Truck Load Indian Logistics • Anywhere to anywhere (LTL ) segment size Market model • End to end visibility ～ 6% 40+ • In-transit small storage Freight Market Gro
Slide 12: TCI Freight Division: Core competencies and capabilities
TCI Freight Division: Core competencies and capabilities • One of India’s premier organized freight services provider with pan India presence & to SAARC • On demand use of Foldable Large Containers (FLCs) to safeguard goods. • 700 IT Enabled Owned offices, 25 Strategic Hubs • Single window Key Accou
Slide 13: TCI Freight Division: Key Operational Highlights
TCI Freight Division: Key Operational Highlights Figures in Mn Particulars Q1 FY23 Q1 FY22 Gr% FY22 FY 21 Revenue 3764 2878 30.8% 13716 11507 80% 61% 63% 63% 62% 65% EBDITA 144 115 25.3% 620 472 60% 60% % to Revenue 3.8% 4.0% 4.5% 4.1% EBIT 134 105 28.3% 577 416 40% 39% 37% 37% 38% 40% % to Revenue
Slide 14: TCI Supply Chain Division: Industry nature and trends
TCI Supply Chain Division: Industry nature and trends Typical Logistics and Warehouse 3PL Incremental Cost (as a % of Sales) Growth $ 10.74 bn 7.87% 3PL Estimated CAGR (2021-2025) 2020 2025 8% Organized 3PL - Acceleration of Market Growth (CAGR) Market Key Industry trends to drive Supply Chain and W
Slide 15: TCI Supply Chain Division: Core competencies and capabilities
TCI Supply Chain Division: Core competencies and capabilities WH/ DC E-fulfillment centers Yards Cross-docking Multimodal 3PL, 4PL IBL, OBL Control Tower Integrated Logistics & Supply Chain Solutions – from conceptualization to execution Vehicles under Operation : 4000 + Owned : 960 Yards mana
Slide 16: TCI Supply Chain Division: Key Operational Highlights
TCI Supply Chain Division: Key Operational Highlights Figures in Mn Particulars Q1 FY23 Q1 FY22 Gr% FY 22 FY 21 Revenue 2853 2137 33.5% 10015 9344 Storage Area under Management EBDITA 261 228 14.6% 1069 998 % to Revenue 9.1% 10.7% 10.7% 10.7% EBIT 154 116 33.4% 614 596 Warehouse % to Revenue 5.4% 5.
Slide 17: TCI Seaways: Industry nature and trends
TCI Seaways: Industry nature and trends Trends to Drive Forward Coastal Shipping to Waterways : 6% of Increase from 86MMT transportation modal mix to 215MMT by 2025 Coastal Air 1% Inland 6% 0.6 Rail 32% Road Jal Marg Vikas Project: 60% Rs. 5369 crore The Sagarmala Project US$120 billion Investment 6
Slide 18: TCI Seaways Division: Core competencies and capabilities
TCI Seaways Division: Core competencies and capabilities Reach & Services • One of the leading multimodal coastal players having presence along the Western, Eastern & Southern ports of India • Expertise in coastal shipping services, container & bulk cargo TCI Anand movements, and transportation serv
Slide 19: TCI Seaways Division: Key Operational Highlights
TCI Seaways Division: Key Operational Highlights Figures in Mn Particulars Q1FY23 Q1FY22 Gr% FY22 FY 21 Avg. INR/MT Price of Low Sulphur Fuel 1452 1096 32.5% 5332 3692 100000 Revenue EBDITA 621 402 54.4% 2363 1150 80000 % to Revenue 42.8% 36.7% 44.3% 31.1% 60000 EBIT 461 293 57.2% 1790 735 40000 % t
Slide 20: TCI's Joint Ventures
TCI’s Joint Ventures Figures in Mn Q1FY23 (FY22) Revenue 818 (3010) 162 (587) 1429 (4670) Y-o-Y Growth 8.6% (-7.1%) 28.7% (62.3%) 84.7% (29.7%) PAT 13 (56) 9.2(27.60) 189 (540) Capital Employed 441 (419) 428 (415) 2899 (2911) Strategic Partner’s Share 49% 20% 51% Operates on asset- Cold chain servic
Slide 21: Financial Highlights
Financial Highlights CONSOLIDATED Figures in Mn STANDALONE Revenue Revenue 41,000 Revenue 31,000 31000 21,000 29357 32762 21000 24888 28278 11,000 9,082 11000 7,002 8231 1,000 6215 1000 Q1 FY22 Q1 FY23 FY 21 FY 22 Q1 FY22 Q1 FY23 FY 21 FY 22 Revenue 5000 5,000 EBDITA 4,000 4000 3,000 3000 2,000 4567
Slide 22: Consistent performance: Key financial Indicators
Consistent performance: Key financial Indicators Return on Capital Employed EV/EBIDTA 15,000 14190 13,477 13052 13368 28% 12,862 12.00 11.0 11.3 11.0 12,500 24% 11.00 25.3% 23.8% 20% 10.00 10,000 In Mn 16% 9.00 8.1 16.1% 7,500 14.7% 12% 8.00 14.0% 8% 7.00 6.1 5,000 4% 6.00 5.00 2,500 0% 2018-19 2019
Slide 23: Market Summary
Market Summary Particulars UOM 30th Jun 22 Shareholding Pattern as on 30th June 2022 Market Cap Rs Mn. 52,200 5% 11% Debt Rs Mn. 439 3% 1% Enterprise Value Rs Mn. 52,157 P/E Nos 17.0 13% 67% EV/EBITDA Nos 11.3 52 Week High Rs/share 858.6 PROMOTORS INDIAN PUBLIC FOREIBN HOLDINBS 52 Week Low Rs/share
Slide 24: Corporate Governance: Social Responsibility
Corporate Governance: Social Responsibility E S G Environmental Governance Social शयसन पर्यावरण सयमयजिक • Eco-friendly workplaces , Solar Panel • Road safety and health initiatives across use at warehouses. 8 states impacted more than 1 Mn people • Strong and diverse Board • Multimodal Solutions: pu
Slide 25: Future Outlook
Future Outlook • Expected uptrend due to festival season • Revenue and Profit growth of 10%-15% • Aggressive capex plan to capture next cycle of growth Figures In Mn. Actual FY 22 Q1FY (FY07 to Budget 23 FY21) Actual Hub Centers & Small 5163 960 93 warehouses Ships 3210 900 0 Containers 1339 600 36
Slide 26: Thank You!
Thank You! Best Warehouse Service Provider Best Cold Chain / Refrigerated Service Provider Transport Corporation of India Limited TCI House, 69 Institutional Area Sector 32, Gurugram - 122001 Tel.: +91 - 124 - 2381603-07 | Fax: +91 - 124 - 2381611 E-mail Id: corporate@tcil.com | Website: www.tcil.co
Transport Corporation of India — Q1 FY23 Earnings Presentation on 6ix