Adani Total Gas Ltd. · NSE:ATGL
Adani Total Gas — H1 FY24 Earnings Presentation
45 slides from Adani Total Gas's earnings presentation, Nov 1, 2023
Slide 1: Cover letter to BSE and NSE
31st October, 2023 BSE Limited National Stock Exchange of India Limited P J Towers, Exchange plaza, Dalal Street, Bandra-Kurla Complex, Bandra (E) Mumbai – 400001 Mumbai – 400051 Scrip Code: 542066 Scrip Code: ATGL Dear Sir, Sub: Submission of Media Release and Investor Presentation on Unaudited Fin
Slide 2: Media Release: Adani Total Gas Q2 & H1FY24 Results
Media Release Adani Total Gas Q2 & H1FY24 Results Company Continues to deliver Highest ever EBITDA CNG Stations increased to 483 PNG consumers increased to 7.64 lakh CNG volume up 20% in Q2 and 19% in H1 Y-o-Y Q2 EBITDA - INR 290 Cr, by 23% YoY H1 EBITDA - INR 545 Cr, by 17% YoY EDITOR’S SYNOPSIS Op
Slide 3: Media release: financial highlights and business updates
➢ Reported PBT of INR 424 Cr, increased by 14% ➢ Reported PAT at INR 315 Cr , increased by 14% Consolidated PAT : H1FY24 ➢ Consolidated PAT at INR 323 Cr, increased by 8% Other Business updates E-mobility Business ➢ 221 EV charging points have been commissioned at 64 locations. ➢ ATEL partners with
Slide 4: Standalone Operational and Financial Highlights
Standalone Operational and Financial Highlights: % % H1 H1 Q2 Q2 Particulars UoM Change Change FY24 FY23 FY24 FY23 YoY YoY Operational Performance Sales Volume MMSCM 409 374 9% 211 190 10% CNG Sales MMSCM 264 222 19% 136 113 20% PNG Sales MMSCM 145 152 -5% 75 77 -3% Financial Performance Revenue fro
Slide 5: Adani Total Gas Limited H1 & Q2FY24
Adani Total Gas Limited CGD | e-Mobility | Biomass H1 & Q2FY24 Earnings Presentation
Slide 6: 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 H1 & Q2 FY24 05 Sustainability Update 06 Investment Rationale Annexure
Slide 7: 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 8: About Adani Group
01a About Adani Group
Slide 9: 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%) (56.3%) (73.2%) (65.5%) (100%) (63.2%) AGEL AESL APSE
Slide 10: 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 11: Adani Portfolio: Repeatable, robust & proven transformative model
Adani Portfolio: Repeatable, robust & proven transformative model of investment Phase Development Operations Post Operations Center of Excellence Project Management & Assurance Group AIMSL 1 Policy -Strategy - Risk Origination Site Development Construction Operation Capital Mgmt Activity • Analysis
Slide 12: About Total Group
01b About Total Group
Slide 13: A Broad Energy Company
A Broad Energy Company • TotalEnergies is a broad energy company committed to providing energy that is ever more affordable, clean, reliable and accessible to as many people as possible. • More energy, fewer emissions: that is the dual challenge we must meet with our customers, stakeholders and soci
Slide 14: Strengths and Key Figures
Strengths We are present across the entire 100,000+ people representing 160 nationalities We are active in more than 130 value chain, from production to and 740+ professions countries distribution A diversity which is decisive for our competitiveness and attractiveness $36.2bn More than in adjusted
Slide 15: About Adani Total Gas Limited
02 About Adani Total Gas Limited
Slide 16: 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# Core CGD Business 100% CGD Business (33 Licences) New Sustainable JV & Businesses Investments Bio 50% 2 Plants Under 50% Construction A
Slide 17: 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 18: 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 19: ATGL's Offerings
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 20: My Adani Gas App: Digitalization for Consumers
0 My Adani Gas App : 360 Digitalization for Consumers New PNG Connection Share of Digital Payment in all Consumer Transactions (%) Name Transfer e-KYC Faster Response 95% 97% After Sales Service 92% Time 82% Complaint Meter Reading Registration Submission 50% Status of Chatbot Application FY19 FY20
Slide 21: 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 22: New Businesses
adani Gas New Businesses
Slide 23: Adani TotalEnergies E-Mobility Limited (ATEL)
Adani TotalEnergies E-Mobility Limited (ATEL) Key Strategic Partnerships E-charging solutions Network Portfolio at Educational e-buses at Airport Institutes Airside Strategy & Focus 221 Charge Points 9 States e-coach Charging Airport Cabs Plan to set up over 3000 Charging Solution Solution 5 MW Inst
Slide 24: Adani TotalEnergies Biomass Limited (ATBL)
Adani TotalEnergies Biomass Limited (ATBL) • ATEBL will be focusing on tapping the huge potential on Compressed Bio-gas and generation of organic Fertilizer across various location in India • ATEBL to focus on MSW and Non-MSW segment and develop Plants with best of suitable technologies , Target to
Slide 25: ATGL – Operational and Financial Performance – H1 & Q2FY24
04 ATGL – Operational and Financial Performance – H1 & Q2FY24
Slide 26: Operational and Financial Highlights – H1FY24
Operational and Financial Highlights –H1FY24 – Y-o-Y CGD - Operational Highlights ➢ CNG Stations increased to 483, Added 23 CNG stations, with 92 being CODO/DODO stations ➢ Steel pipeline network increased to ~ 11,448 inch-km ➢ 7.56 Lakh PNG Home Connection, ~51,801 homes connected to PNG ➢ PNG Comm
Slide 27: Infrastructure Update: As on 30 September 2023
Infrastructure Update : As on 30 September 2023 CNG Stations Steel Network in Inch-Km 483 11448 11124 467 16 New CNG ~ 324 Inch –Km stations added pipeline was laid in in Q2FY24 , 23 Q2FY24, CNG Stations ~560 Inch-km in in H1FY24 H1FY24 30-Jun-23 30-Sep-23 30-Jun-23 30-Sep-23 Break up of CNG Station
Slide 28: Volume & Gas Sourcing – H1FY24
Volume & Gas Sourcing – H1FY24 - Y-o-Y Volume in MMSCM Gas Sourcing Update CNG PNG 264 152 145 19% 5% • Government of India notified APM floor price 222 @4$/MMBTU and Ceiling price @6.5$/MMBTU for FY24 and FY25 • A nominal increase of 0.25$/MMBTU will be applied to both floor and ceiling post 2 year
Slide 29: Key Financials – H1FY24
Key Financials –H1FY24 - Y-o-Y EBITDA All Fig in INR Crs Revenue From Operations 2301 2313 545 464 17% Y-o-Y Comparison 1% ➢ Revenue from operations has increased marginally due to reduction in sales price as ATGL passed through the reduction in Domestic Gas prices H1FY23 H1FY24 as per the revised p
Slide 30: Volume & Financials – Q2FY24
Volume & Financials –Q2FY24 - Y-o-Y Volume in MMSCM Revenue From Operations EBITDA All Fig in INR Crs 1190 1178 CNG 136 290 113 20% 236 -1% 23% Q2FY23 Q2FY24 Q2FY23 Q2FY24 Q2FY23 Q2FY24 CNG Volume has increased by 20% Y-o-Y on account of reduction in CNG prices along with network expansion of CNG st
Slide 31: ESG Framework & Sustainability Update – H1FY24
05 ESG Framework & Sustainability Update – H1FY24
Slide 32: 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 33: ESG Highlights
ESG Highlights Targets Key ESG Initiatives/Achievements UN SDGs Plant 2.7 Lakhs+ Trees, 120 school sessions/ year 1000+ Km of Methane 28Kw of 403Km covered 480 Students leak detection survey Solar Installed , for methane leak trained under total 898Kw detection & Greenmosphere Repair program 1.5 Mw
Slide 34: 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 35: Rationale for Investment
adani Gas Rationale for Investment
Slide 36: 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 Net Fixed Assets EBITDA 907 3906 INR 2936 Crs of 19% Assets Addition 374 0.32 0.35 970 FY18 FY23 FY18 FY23 FY18 FY23 PAT Gross Debt Net Debt to EBITDA 530 1372 1.11 INR 1062 Crs of 0.77 25%
Slide 37: 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 15+ years of experience Development distri
Slide 38: 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 39: Annexure
adani Gas Annexure
Slide 40: Infrastructure Update incl. JV – IOAGPL
Infrastructure Update - incl. JV – IOAGPL : As on 30 Sept 2023 CNG Stations Steel Network in Inch-Km 748 785 19732 20135 37 New CNG ~ 403 Inch –Km stations added pipeline was laid in Q2FY24 in Q2FY24 30-Jun-23 30-Sep-23 30-Jun-23 30-Sep-23 PNG Connections No of Households (Lakhs) No of Industrial Co
Slide 41: ATGL Key Financials: Income Statement Summary – Standalone
ATGL Key Financials : Income Statement Summary – Standalone (INR Cr) Quarter Ended Half Year Ended Year Ended Particulars 30-Sep-23 30-Jun-23 30-Sep-22 30-Sep-23 30-Sep-22 31-Mar-23 Revenue from Operations 1178 1135 1190 2313 2301 4683 Operating Expenses 775 793 860 1567 1645 3392 Administrative & o
Slide 42: ATGL Key Financials: Income Statement Summary – Consolidated
ATGL Key Financials : Income Statement Summary – Consolidated (INR Cr) Quarter Ended Half Year Ended Year ended Particulars 30-Sep-23 30-Jun-23 30-Sep-22 30-Sep-23 30-Sep-22 31-03-23 Revenue from Operations 1179 1135 1190 2314 2301 4683 Operating Expenses 775 793 860 1568 1645 3392 Administrative &
Slide 43: 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 44: 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 45: Thank You
THANK YlewU