Podcast
Questions and Answers
What was the year-over-year growth percentage for Containers?
What was the year-over-year growth percentage for Containers?
Which port handled the highest ever quarterly volume by any Indian port?
Which port handled the highest ever quarterly volume by any Indian port?
By how much did the EBITDA (excluding forex) increase according to the financial highlights?
By how much did the EBITDA (excluding forex) increase according to the financial highlights?
What is the annual cargo handling capacity of Container Terminal 2 at the Dar es Salaam Port?
What is the annual cargo handling capacity of Container Terminal 2 at the Dar es Salaam Port?
Signup and view all the answers
What was the highest ever rail cargo volume reported?
What was the highest ever rail cargo volume reported?
Signup and view all the answers
What is the net debt to TTM EBITDA ratio at the quarter-end?
What is the net debt to TTM EBITDA ratio at the quarter-end?
Signup and view all the answers
Which credit rating was upgraded to 'AAA'?
Which credit rating was upgraded to 'AAA'?
Signup and view all the answers
What was the contribution of Domestic Ports to EBITDA?
What was the contribution of Domestic Ports to EBITDA?
Signup and view all the answers
What percentage did AGEL's operational capacity increase from 2016 to 2024?
What percentage did AGEL's operational capacity increase from 2016 to 2024?
Signup and view all the answers
How much did APSEZ's cargo volume increase from 2014 to 2024?
How much did APSEZ's cargo volume increase from 2014 to 2024?
Signup and view all the answers
Which company outperformed the industry's growth rate in transmission length from 2016 to 2024?
Which company outperformed the industry's growth rate in transmission length from 2016 to 2024?
Signup and view all the answers
What is the EBITDA margin for the Indian ports business according to the provided data?
What is the EBITDA margin for the Indian ports business according to the provided data?
Signup and view all the answers
By how much did ATGL expand its geographical areas from 2015 to 2024?
By how much did ATGL expand its geographical areas from 2015 to 2024?
Signup and view all the answers
What was the industry's cargo volume growth from 2014 to 2024?
What was the industry's cargo volume growth from 2014 to 2024?
Signup and view all the answers
Which of the following has the highest growth percentage in operational capacity from 2016 to 2024?
Which of the following has the highest growth percentage in operational capacity from 2016 to 2024?
Signup and view all the answers
What was the industry growth percentage in transmission length from 2016 to 2024?
What was the industry growth percentage in transmission length from 2016 to 2024?
Signup and view all the answers
What is the main purpose of the letter dated August 1, 2024?
What is the main purpose of the letter dated August 1, 2024?
Signup and view all the answers
Which attachment is referred to as Annexure 'A' in the letter?
Which attachment is referred to as Annexure 'A' in the letter?
Signup and view all the answers
Who is the sender of the letter?
Who is the sender of the letter?
Signup and view all the answers
What date is the financial quarter ended for which results are reported?
What date is the financial quarter ended for which results are reported?
Signup and view all the answers
Where can the financial results be accessed by investors?
Where can the financial results be accessed by investors?
Signup and view all the answers
What is the Scrip Code used for BSE Limited mentioned in the letter?
What is the Scrip Code used for BSE Limited mentioned in the letter?
Signup and view all the answers
Which document provides performance highlights of the financial results?
Which document provides performance highlights of the financial results?
Signup and view all the answers
What is the registered office address mentioned in the letter?
What is the registered office address mentioned in the letter?
Signup and view all the answers
What is the projected CAGR for APSEZ cargo volumes from FY14 to FY24?
What is the projected CAGR for APSEZ cargo volumes from FY14 to FY24?
Signup and view all the answers
What was the EBITDA margin for domestic ports in FY24?
What was the EBITDA margin for domestic ports in FY24?
Signup and view all the answers
By how much has the logistics EBITDA margin increased from FY19 to FY24?
By how much has the logistics EBITDA margin increased from FY19 to FY24?
Signup and view all the answers
Which aspect contributed to the growth of APSEZ's market share?
Which aspect contributed to the growth of APSEZ's market share?
Signup and view all the answers
What is the expected revenue growth pattern for APSEZ?
What is the expected revenue growth pattern for APSEZ?
Signup and view all the answers
What percentage of cargo is expected to be from non-Mundra ports by FY24?
What percentage of cargo is expected to be from non-Mundra ports by FY24?
Signup and view all the answers
What has been the CAGR growth rate of logistics EBITDA over the past five years?
What has been the CAGR growth rate of logistics EBITDA over the past five years?
Signup and view all the answers
Which of the following reflects the domestic cargo volumes for APSEZ in FY24?
Which of the following reflects the domestic cargo volumes for APSEZ in FY24?
Signup and view all the answers
What was the Net Cash Generated from Operations in Rs Cr in FY24?
What was the Net Cash Generated from Operations in Rs Cr in FY24?
Signup and view all the answers
What indicates a strong market leadership position for APSEZ?
What indicates a strong market leadership position for APSEZ?
Signup and view all the answers
What is the EBITDA for logistics in FY24?
What is the EBITDA for logistics in FY24?
Signup and view all the answers
What percentage of increase in EBITDA margin was observed for domestic ports over a decade?
What percentage of increase in EBITDA margin was observed for domestic ports over a decade?
Signup and view all the answers
How much is the CAGR for all India cargo throughput projected to be by FY24?
How much is the CAGR for all India cargo throughput projected to be by FY24?
Signup and view all the answers
Which award did APSEZ win at the 2024 Audit and Risk Summit?
Which award did APSEZ win at the 2024 Audit and Risk Summit?
Signup and view all the answers
What was the percentage increase in domestic cargo volume from Q1 FY24 to Q1 FY25?
What was the percentage increase in domestic cargo volume from Q1 FY24 to Q1 FY25?
Signup and view all the answers
What was the total container volume of APSEZ in Q1 FY25?
What was the total container volume of APSEZ in Q1 FY25?
Signup and view all the answers
How much did the international cargo volume decrease in Q1 FY25 compared to Q1 FY24?
How much did the international cargo volume decrease in Q1 FY25 compared to Q1 FY24?
Signup and view all the answers
What was the percentage growth of container volume from domestic operations in Q1 FY25?
What was the percentage growth of container volume from domestic operations in Q1 FY25?
Signup and view all the answers
What does TEUs stand for in the context of cargo volume?
What does TEUs stand for in the context of cargo volume?
Signup and view all the answers
Which segment showed a 3% decrease in volume in Q1 FY25?
Which segment showed a 3% decrease in volume in Q1 FY25?
Signup and view all the answers
What was the percentage increase in total cargo volume from Q1 FY24 to Q1 FY25?
What was the percentage increase in total cargo volume from Q1 FY24 to Q1 FY25?
Signup and view all the answers
How many million TEUs did APSEZ record in international container volume Q1 FY24?
How many million TEUs did APSEZ record in international container volume Q1 FY24?
Signup and view all the answers
Which volume segment did not experience growth in Q1 FY25?
Which volume segment did not experience growth in Q1 FY25?
Signup and view all the answers
Which company partnered with Adani International Container Terminal Pvt Ltd in 2011?
Which company partnered with Adani International Container Terminal Pvt Ltd in 2011?
Signup and view all the answers
What percentage of cargo at APSEZ was handled by it in Q1 FY25?
What percentage of cargo at APSEZ was handled by it in Q1 FY25?
Signup and view all the answers
Which port received its first mother ship in 2023?
Which port received its first mother ship in 2023?
Signup and view all the answers
What growth percentage did APSEZ achieve in container cargo YoY?
What growth percentage did APSEZ achieve in container cargo YoY?
Signup and view all the answers
Which company is involved with the liquid terminal expansion at Hazira Port?
Which company is involved with the liquid terminal expansion at Hazira Port?
Signup and view all the answers
What is the length of the largest vessel Krishnapatnam Port berthed in 2023?
What is the length of the largest vessel Krishnapatnam Port berthed in 2023?
Signup and view all the answers
Which strategic partnership was formed for the Ennore Container Terminal in 2023?
Which strategic partnership was formed for the Ennore Container Terminal in 2023?
Signup and view all the answers
Which characteristic is true for both Mundra and Krishnapatnam ports?
Which characteristic is true for both Mundra and Krishnapatnam ports?
Signup and view all the answers
How many new container services were added across APSEZ ports in recent updates?
How many new container services were added across APSEZ ports in recent updates?
Signup and view all the answers
Which of the following ports signed a concession agreement for a container terminal in Tanzania?
Which of the following ports signed a concession agreement for a container terminal in Tanzania?
Signup and view all the answers
What percentage of cargo volume growth did APSEZ experience compared to India's overall cargo volumes in Q1 FY25?
What percentage of cargo volume growth did APSEZ experience compared to India's overall cargo volumes in Q1 FY25?
Signup and view all the answers
What type of vessel did the San Fernando represent when it arrived at Vizhinjam Port?
What type of vessel did the San Fernando represent when it arrived at Vizhinjam Port?
Signup and view all the answers
Who is a partner in the East Africa Gateway Limited terminal operations set to begin in 2024?
Who is a partner in the East Africa Gateway Limited terminal operations set to begin in 2024?
Signup and view all the answers
Which of the following is true regarding the sticky cargo at APSEZ?
Which of the following is true regarding the sticky cargo at APSEZ?
Signup and view all the answers
Flashcards
Media Release
Media Release
A public company’s official statement released to the media, often detailing financial performance and other important company-related information.
Investor Presentation
Investor Presentation
An investor presentation is used to present financial and operational data to investors, usually during an earnings call or conference.
Quarter Ended June 30th, 2024
Quarter Ended June 30th, 2024
The date when a financial report covers. This period in the document is the quarter ended June 30th, 2024.
Standalone Financial Results
Standalone Financial Results
Signup and view all the flashcards
Consolidated Financial Results
Consolidated Financial Results
Signup and view all the flashcards
Board Meeting
Board Meeting
Signup and view all the flashcards
Submission to Stock Exchanges
Submission to Stock Exchanges
Signup and view all the flashcards
Company Website
Company Website
Signup and view all the flashcards
EBITDA: What does it stand for?
EBITDA: What does it stand for?
Signup and view all the flashcards
EBITDA Margin
EBITDA Margin
Signup and view all the flashcards
Growth vs. Industry Growth
Growth vs. Industry Growth
Signup and view all the flashcards
Cargo Volume (MMT)
Cargo Volume (MMT)
Signup and view all the flashcards
Operational Capacity (GW)
Operational Capacity (GW)
Signup and view all the flashcards
Transmission Length (ckm)
Transmission Length (ckm)
Signup and view all the flashcards
Geographical Areas
Geographical Areas
Signup and view all the flashcards
Userbase
Userbase
Signup and view all the flashcards
Quarterly Volume
Quarterly Volume
Signup and view all the flashcards
TEU (Twenty-foot Equivalent Unit)
TEU (Twenty-foot Equivalent Unit)
Signup and view all the flashcards
Profitability
Profitability
Signup and view all the flashcards
Revenue Growth
Revenue Growth
Signup and view all the flashcards
EBITDA
EBITDA
Signup and view all the flashcards
Net Debt to TTM EBITDA
Net Debt to TTM EBITDA
Signup and view all the flashcards
Credit Rating Upgrade
Credit Rating Upgrade
Signup and view all the flashcards
Concession Agreement
Concession Agreement
Signup and view all the flashcards
Year-over-Year (YoY) Cargo Volume Growth
Year-over-Year (YoY) Cargo Volume Growth
Signup and view all the flashcards
Domestic Cargo Volume
Domestic Cargo Volume
Signup and view all the flashcards
International Cargo Volume
International Cargo Volume
Signup and view all the flashcards
Container Volume (TEUs)
Container Volume (TEUs)
Signup and view all the flashcards
Year-over-Year (YoY) Container Volume Growth
Year-over-Year (YoY) Container Volume Growth
Signup and view all the flashcards
Domestic Container Volume
Domestic Container Volume
Signup and view all the flashcards
International Container Volume
International Container Volume
Signup and view all the flashcards
Regional Performance
Regional Performance
Signup and view all the flashcards
Strategic Partnerships
Strategic Partnerships
Signup and view all the flashcards
Domestic Cargo
Domestic Cargo
Signup and view all the flashcards
EBITDA Margin of APSEZ
EBITDA Margin of APSEZ
Signup and view all the flashcards
Cargo Volumes
Cargo Volumes
Signup and view all the flashcards
Deep Draft Water Ports
Deep Draft Water Ports
Signup and view all the flashcards
Integrated Transport Utility Platform (ITUP)
Integrated Transport Utility Platform (ITUP)
Signup and view all the flashcards
Liquid Terminal
Liquid Terminal
Signup and view all the flashcards
Operational Capacity
Operational Capacity
Signup and view all the flashcards
Sticky Cargo
Sticky Cargo
Signup and view all the flashcards
Sticky Cargo Percentage
Sticky Cargo Percentage
Signup and view all the flashcards
Container Cargo
Container Cargo
Signup and view all the flashcards
Length Overall (LOA)
Length Overall (LOA)
Signup and view all the flashcards
Cargo Handling Capability
Cargo Handling Capability
Signup and view all the flashcards
Concession to Operate
Concession to Operate
Signup and view all the flashcards
Proximity to Customers
Proximity to Customers
Signup and view all the flashcards
Asset-light model
Asset-light model
Signup and view all the flashcards
Cargo Diversification
Cargo Diversification
Signup and view all the flashcards
Geographical Diversification
Geographical Diversification
Signup and view all the flashcards
Multi-Modal Logistics
Multi-Modal Logistics
Signup and view all the flashcards
CAGR (Compound Annual Growth Rate)
CAGR (Compound Annual Growth Rate)
Signup and view all the flashcards
Multi Modal Logistics Park (MMLP)
Multi Modal Logistics Park (MMLP)
Signup and view all the flashcards
Operating Cash Flow
Operating Cash Flow
Signup and view all the flashcards
Throughput
Throughput
Signup and view all the flashcards
Operational Excellence
Operational Excellence
Signup and view all the flashcards
Profit Margin
Profit Margin
Signup and view all the flashcards
Business Model Transformation
Business Model Transformation
Signup and view all the flashcards
Study Notes
Adani Ports and Special Economic Zone Ltd (APSEZ) Q1 FY25 Results
- APSEZ reported strong Q1 FY25 results, with a 47% increase in profit after tax (PAT).
- Revenue reached a record high of Rs. 7,560 Cr, driven by a 21% YoY (year-over-year) surge.
- Earnings before interest, tax, depreciation, and amortization (EBITDA, excluding forex) saw a 29% increase, reaching Rs. 4,848 Cr.
- Domestic port EBITDA contributed Rs. 3,990 Cr.
- Logistics contribution to EBITDA was Rs. 144 Cr.
Financial Highlights
- Revenue grew by 21% YoY to Rs 7,560 Cr in Q1 FY25.
- EBITDA (excluding forex) jumped 29% to Rs. 4,848 Cr.
- Net debt to TTM EBITDA at quarter-end stood at 2.1x.
- CARE and ICRA upgraded APSEZ's credit rating to 'AAA'.
- S&P upgraded credit outlook to "Positive" from "Stable".
Operational Highlights
- Cargo volume increased by 8% YoY to 109 MMT.
- Container volume handled by Multi-Modal Logistics Parks (MMLPs) grew by 27%.
- Highest ever quarterly rail cargo
- Highest ever quarterly GPWS (General Purpose Wagon Investment Scheme) volume
- Port handled highest quarterly volume by any Indian port (51MMT) at Mundra
- Two new port concessions and one port O&M contract
- First mothership arrived at Vizhinjam transshipment port
ESG Highlights
- Sustainalytics assigned APSEZ a score of 11.3, placing it in the "Low" risk category.
- Received a 95 percentile score in the low-carbon transition rating within the port sector
- CDP awarded for work on tackling climate change and improving supply chain
- Achieved leadership band "A-" in climate change and supplier engagement.
Awards
- APSEZ won the "Best Port of the Year Containerised" award at the India Maritime Awards
- APSEZ won the "Master of Risk Logistics" award at the India Risk Management Awards
Cargo Diversification
- Cargo volumes in non-Mundra ports saw a significant increase.
- APSEZ successfully diversified its cargo and geographical reach
Strategic Partnerships
- Signed a 30-year concession agreement with the Tanzania Ports Authority
- Received Letter of Intent (LOI) for O&M of a terminal at the Netaji Subhas Dock
- Acquired 10 assets in recent years
Company Profile
- Adani Ports and Special Economic Zone Ltd (APSEZ) is a part of the Adani Group, operating integrated transport facilities from port gate to customer gate
- The company has a significant presence with 15 ports, across India's coastline with locations outside India
- Strategically located ports and terminals located on both the West and East coast
- APSEZ has emerged as India's largest private port player with plans to become a global port and logistics player
FY25 Guidance
- Cargo volume: 460-480 MMT
- Revenue: Rs 29,000-31,000 Cr
- EBITDA: Rs 17,000-18,000 Cr
- Capex: Rs 10,500-11,500 Cr
- Net debt-to-EBITDA ratio: 2.2-2.5x
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.