Investor Presentation. February 2018 USA

Transcription

1 Investor Presentation February 2018 USA 1

2 Safe Harbour This presentation and the accompanying slides (the Presentation ), which have been prepared by Aegis Logistics 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 securities, and shall not form the basis or be relied on in connection with any contract or binding commitment whatsoever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company. This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded. This presentation contains certain forward looking statements concerning the Company s future business prospects and business profitability, which are subject to a number of risks and uncertainties and the actual results could materially differ from those in such forward looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, competition (both domestic and international), economic growth in India and abroad, ability to attract and retain highly skilled professionals, time and cost over runs on contracts, our ability to manage our international operations, government policies and actions regulations, interest and other fiscal costs generally prevailing in the economy. The Company does not undertake to make any announcement in case any of these forward looking statements become materially incorrect in future or update any forward looking statements made from time to time by or on behalf of the Company. 2

3 Our Purpose To be the leading provider of logistics and supply chain services to India s oil, gas and chemical industry 3

4 Strategy Build an unrivalled national network of port-based tank terminals, pipelines and multi-modal transportation facilities. a necklace of terminals 4

5 Key Milestones 2017 Expansion of Pipavav LPG Terminal Haldia LPG Terminal Pipavav Liquids Terminal Expansion of Pipavav LPG Terminal Acquisition of Shell India LPG business Haldia Liquids Terminal Acquisition of Kochi Liquids Terminal 2nd Mumbai Liquids Terminal Mumbai Liquids Terminal Mumbai LPG Terminal

6 Gas and Liquids Logistics Rail Road Terminals Pipeline Ship 6

7 a necklace of terminals Kandla Pipavav Haldia Mumbai Mangalore LPG Terminal Liquid Terminal Kochi 7

8 Infrastructure Liquids Terminals at key ports Jetty Pipelines. Multiple tank sizes. Coated, Stainless Steel and Heated tanks. Road, Rail and Coastal Shipping connectivity. Liquified Petroleum Gas (LPG) Refrigerated Gas Terminal in Mumbai. Refrigerated Gas Terminal in Haldia. Pressurized Gas Terminal in Pipavav. Propane pipeline to RIL ethylene cracker. Network of 108 Autogas stations in 7 states. Network of packed LPG distributors. Bottling Plants-Owned and Contract 8

9 Segment Wise Model FY EBITDA by Business Verticals Segment Result (EBITDA) 14% 18% 37% 68% 63% Terminalling Sourcing Distribution Gas Liquid 9

10 Liquids 10

11 Our Liquids Business Third Party Logistics (3 PL) for over fifty Petroleum, Oil and Chemical Products Facilities at Mumbai, Kochi, Haldia, Pipavav, Kandla and Mangalore Ports Service Offering Long Term, Spot and Throughput Contracts Unloading, Transfer through Jetty Pipelines, Store and Distribution Customs bonding, Inventory management, Just in time delivery and On-site product quality testing Customers Large Oil Companies & Chemical Industries Well diversified Customer Base 11

12 Growth in static capacity 700,000 Mumbai Kochi Pipavav Haldia Kandla Mangalore 525,000 KiloLitres 350, , / / / / / / /19 (P) 12

13 LP Gas 13

14 India LPG consumption growth 22,000 17, s MT 13,000 8,500 Source: PPAC 4,

15 India LPG import growth 12,000 9, s MT 6,000 3, Source: PPAC (P) 15

16 India LPG Demand/Supply Balance Domestic Supply of LPG Consumption 40,000 Actual Forecast 30,000 Imports 000 s MT 20,000 10, (P) Source: PPAC and management estimates

17 Key Development: PMUY* Scheme Total LPG consumption cumulative growth of 8.4% for the period April to December Eastern region had the highest growth of 16.6% in total LPG consumption during the period April to December Launched in May 2016 Targets LPG subsidy for connection and refill to low income households. Initial target: 50 million households Revised target: 80 million households by 2020 New connections till date: 30 Million Source: PPAC December 2017 Source: MoPNG Feb 2018 *Pradhan Mantri Yojna Ujjwala 17

18 Growth in static capacity 70,000 Mumbai Pipavav Haldia 52,500 25,000 MT Metric Tons 35,000 17,500 5,400 MT 8,100 MT 18,300 MT 20,000 MT 20,000 MT 20,000 MT / / /18 18

19 Available throughput capacity 5,000,000 Mumbai Pipavav Haldia 3,750,000 Metric Tons 2,500,000 1,250, / / /18 19

20 LPG Revenue Stream L P G Mumbai Pipavav Haldia Sourcing & Shipping Fees * Itochu 40% in AGIL Terminalling Fees * * Itochu 19.7% in Haldia Terminal Distribution Margins 20

21 Financial Performance 9 MONTHS 21

22 A step change (9 Months) EBITDA Profit After Tax EPS Rs. in Cr Rs. per Share MFY17 9MFY18 0 9MFY17 9MFY18 0 9MFY17 9MFY18 22

23 For further information, please contact: Company : Investor Relations Advisors : Aegis Logistics Limited CIN: L63090GJ1956PLC Mr. Murad Moledina, CFO murad@aegisindia.com Strategic Growth Advisors Pvt. Ltd. CIN: U74140MH2010PTC Ms. Payal Dave / Ms. Payal Sheth payal.dave@sgapl.net / payal.sheth@sgapl.net 23

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