TCINSE30 May 2022

Transport Corporation of India Limited has informed the Exchange about Investor Presentation

Transport Corporation of India Limited

May 30, 2022

BSE Limited Listing Department Phiroze Jeejeebhoy Towers Dalal Street - Mumbai- 400001

National Stock Exchange of India Limited Listing Department Exchange Plaza, Block G, Bandra Kurla Complex, Bandra (E) Mumbai – 400 051

Scrip Code: 532349

Scrip Symbol: TCI

Dear Sir/Madam,

Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

In compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached the Investors Presentation for the Q4/FY 2021-22 ended on 31st March, 2022.

This is for your information and necessary records.

Thanking you,

Encl: a/a

Earnings Presentation Q4 FY22

Group Overview

TCI

Freight Div.

Supply

Chain Div.

Seaways

Div.

Subsidiaries & JVs

TCI Developers

TCI Express

TCI CONCOR

Transystem

TCI Cold Chain

TCI Bangladesh

TCI Nepal

6+ Decades of Experience

$600+ Mn Revenue

2.5% Moving India’s GDP by Value

7000+ Employees Strength

1,500+ IT Enabled Own Offices

12,000+ Trucks in Operations

150

650+ ISO Containers

Reefer Vehicles + 13,000+ Cold Pallets positions

8,000+ GP Containers

06 Coastal Ships

13 (Mn sq. ft.) Warehouse Space

500 (Mn Km) Delivered Distance (per year)

2 | Everything Logistics

Logistics industry Growth drivers

Consumer Driven (cid:1) Increasing trends in online

shopping & digital transactions

(cid:1) High Degree of Urbanization

Regulatory & Government Initiatives

(cid:1) Infrastructure push PM Gati

Shakti ,BharatMala, SagarMala, MMLP, DFC

(cid:1) Boost to domestic supply

chain, PLI, Atmanirbhar Bharat (cid:1) GST,E-way bill and E-invoicing driven governance push and formalization

Customer Driven (cid:1) Focus on core area of business:

increased outsourcing (cid:1) Rapid pace of technology adoption and automation (cid:1) Demand for warehousing &

value added services

(cid:1) Stretched supply chains leading

to dynamic requirements

•

Industry Driven Logistics industry at USD 250B & very fragmented • Push towards Rail Multimodal (cid:1) National Logistics Policy giving

positive direction

3 | Everything Logistics

Company Strategy : Everything Logistics

Wide Range of Services

Key USPs

Strong

Network

Technology &

Driven

4 | Everything Logistics

to incubate high growth segments

Wide Range of Customized Services

VERTICALS SERVED/ PRODUCTS

Automobiles

Retail and CP

Hi-tech (ICE)

Healthcare and Lifesciences

Energy & Renewables

Aviation & Defence

E-Commerce

Chemicals

Iron and Steel

Food Grains/ Agri. ++

5 | Everything Logistics

UNLOCK BUSINESS POTENTIAL

BENEFITS FOR CUSTOMERS

Single Window Solution

Operational Cost Efficiencies

Trusted Delivery & Fulfillment

Economies of Scale

HORIZONTAL SERVICES

Cold Chain

SARRC+ CHA

Multimodal Network & International/EXIM

Rail

Coastal

•

High End CBU Logistics End-to-End container movement Cross Border movement

Full rake movements 1351 (FY22) 1372 (FY21)

Own Trains : 3 AFTO (Trains)

Containers management

Yards & Terminals

Intl/Exim Baffle/ISO

• • • Marine

TEUs handled: 143,000 (FY22) 123,000 (FY21)

6 | Everything Logistics

Ship Deployed :6 DWT : 79,000 GP containers : 8000+

No. of Yards & Terminals managed

Yards : 55 Terminals:60

Unique Positioning to incubate High Growth Segments

Chemical + Pharma

Agri. ++ Value Chain

Renewables

Cold Chain

SAARC

1. Supply chain disruption in China & Europe 2. Chemicals flow into Pharma through APIs. 3. India is preferred manufacturing destinations for chemicals (all MNCs are present here). 4. Maturing SCs

1. Multimodal solution for movement of Haz. and Non-Haz. bulk liquid and dry chemicals. 2. Own strategic assets- ISO Tanks, Gas Tankers, Dry Bulk Containers. 3. Responsible Care, ITCO, PESO and Drugs License 4. Chemical & GDP compliant warehouses. 7 | Everything Logistics

WHY are these high growth segments?

1. 16% of GDP in farm & food sector 2. Consumption linked sector with shorter cycles

1. Global Renewable energy market projected to reach $1,977.6 billion by 2030 2. Boom in “green” energy 3. Increased shift from fossil fuels to renewable energy

1. Growth in the organized food delivery and e- commerce segments. 2. Market maturing to quality vs cost

1. BBIN & CMLV countries. 2. Increasing SC linkages in neighboring countries 3. Look East Policy with Govt investment into projects

TCI’s approach to these high growth segments

1. Multimodal solutions comprising last mile deliveries. 2. 3PL Solutions, Yard management, OBL, WH 3. Offers hub-spoke solutions.

1. End-to-End multimodal through Rail. 2. Import clearance and Warehousing 3. Last Mile and Storage

1. Dedicated team under JV with Mitsui

2. Quality operations with ` cold & dry solutions

3. 150 +fleet (90 Own), 13000+ Pallet position.

1. Own Subsidiaries in Nepal and Bangladesh. 2. Offices at all major borders and capital cities, 3. End-to-End multimodal through Road and Rail. 4. AEO, IATA, CHA, Courier Licenses.

Technology Driven Operations

02 Central Monitoring System (cid:1) Vehicle Tracking & Fleet Management System (cid:1) Logistics Control Tower (cid:1) Security Operation

Centre

04 Strong Tech Team (cid:1) Version Control (cid:1) Project Management

System

(cid:1) Tech enabled Infrastructure

06 Customer and Suppliers (cid:1) Customer Control

towers

(cid:1) Customer Relationship Management/Portal & App

(cid:1) Supplier Performance Management & app

01 Operations & Warehousing (cid:1) Warehouse Management System (cid:1) Workman Management System (cid:1) ERP on cloud, , E-Invoice, E-Waybill (cid:1) Freight Exchange Platform

8 | Everything Logistics

03 Digital Transformation (cid:1) End to end projects (cid:1) Robotics Process Automation (cid:1) Business Intelligence Tool (cid:1) Optical Character Recognition

IOT Devices

(cid:1) GPS & GIS (cid:1) Temperature Sensors (cid:1) RFID’s (cid:1) Barcode Scanners

Key Highlights

(cid:2) Highly volatile and mixed sectorial trends, diversified service offerings and large customer base

helped in growth momentum to continue

Sufficient liquidity in system with strong cash flow, reduced borrowing from to 420 Mn from 2300

Mn at beginning of the year.

Robust pipeline of new opportunities with customers

(cid:2)

10,000

8,000

n M n

6,000

6,627

4,000

2,000

-38%

4,088

Q-1

Consolidated Revenue

71.3%

17.7%

8,281

14%

3.8%

8,117

8,430

7,002

6,887

7,035

7,120

6,746

34%

0.1%%

9,040

9,049

Q-2

Q-3

Q-4

2020

2021

2022

9 | Everything Logistics

TCI Freight Division: Industry nature and trends

～40 Bn USD Less than Truck Load (LTL ) segment size

160 Bn USD Indian Logistics Market

～ 6% Freight Market Growth (CAGR)

40+

Truck variants

12 Mn+ Trucks under operations

6:5 LCGV to HCGV

Key Industry trends:

•

Need for FTL & LTL from

customers

Anywhere to anywhere

model

Tech support: adoption of

conversational customer

support Chabot

End to end visibility

In-transit small storage

facilities to grow

Packaging support for high

value goods, fragile items

specially in LTL segment

10 | Everything Logistics

TCI Freight Division: Core competencies and capabilities

•

One of India’s premier organized freight services provider with pan India presence & to SAARC

700 IT Enabled Owned offices, 25 Strategic Hubs

Truck under Operation : 4500+ :Owned : 120

•

On demand use of Foldable Large Containers (FLCs) to safeguard goods.

Single window Key Account Management (KAM) solutions for managing information flow and tracking.

Services • Provides full truck load (FTL), less than truck load (LTL)

• Customized Solutions • ODC and Project Heavy Haul

11 | Everything Logistics

IT Capabilities

• Mobile App controlled loading, unloading

and dispatch of goods.

•

Centralized vehicle tracking through geofenced system and customer service by quick response team.

TCI Freight Division: Key Operational Highlights

Figures in Mn

Particulars

Revenue

EBDITA

% to Revenue

EBIT

% to Revenue •

Q4 FY22

Q4 FY21

Gr%

FY22

FY21

Gr%

3906

180

4.6%

170

4.4%

3871

0.9%

13716

11507

19.2%

172

4.5%

161

4.1%

4.5%

620

472

31.2%

4.5%

4.1%

6.0%

577

416

38.7%

4.2%

3.6%

Nominal growth in Q4 due higher base last year, Full year ∽19% amidst improved economic activities

•

Freight rates have increased by avg. 5-10% across sectors

ROCE on improving trend with asset light model and stable margins

15,000 13,000 11,000 9,000 7,000 5,000 3,000 1,000

12,093

12,474

11,507

10,291

13,716

2.9%

3.2%

3.3%

4.2%

3.6%

7.0%

6.0%

5.0%

4.0%

3.0%

2.0%

1.0%

0.0%

60%

40%

20%

2,600

2,100

1,600

1,100

600

100

80%

71%

69%

67%

29%

31%

33%

65%

35%

60%

40%

2017-18 2018-19 2019-20 2020-21 2021-22 2024-25 E

FTL

LTL

2,256

2,420

2,360

2,299

2,225

16.4%

17.0%

17.8%

13.9%

25.5%

40.0% 36.0%

32.0% 28.0% 24.0% 20.0% 16.0% 12.0% 8.0% 4.0%

2017-18

2018-19

2019-20

2020-21

2021-22

2017-18 2018-19 2019-20 2020-21 2021-22

Revenue (In Mn.)

Capital Emp. (In Mn.)

ROCE

12 | Everything Logistics

TCI Supply Chain Division: Industry nature and trends

3PL Incremental Growth $ 10.74 bn

2020 2025

8% 3PL - Acceleration of Market Growth (CAGR)

14.86% Compound Annual Growth Rate of Warehousing Market (2021-2025)

7.87% 3PL Estimated CAGR (2021-2025)

Organized

Market

2086 Bn Estimated Market Value of Warehouse Industry ( By 2025)

Typical Logistics and Warehouse Cost (as a % of Sales)

Key Industry trends to drive Supply Chain and Warehousing:

•

Third-party logistics to gain momentum

Reorganization of warehouses

Increased use of warehouse automation

Increase in Cold storage

Increased use of Technology

Everything Logistics | 13

TCI Supply Chain Division: Core competencies and capabilities

WH/ DC

E-fulfillment centers

Yards

Cross-docking

Multimodal

3PL, 4PL

IBL, OBL

Control Tower

(cid:3) Integrated Logistics & Supply Chain Solutions – from conceptualization to execution (cid:3) Vehicles under Operation : 4000 + Owned : 960 (cid:3) Yards managed : 55 (cid:3) IBL Pickup per day:5000+ (cid:3) Managing diverse logistics operations for mobility sector (passenger, industrial, agri)

Strong Distribution Network Optimization capabilities

Healthcare

Chemical

Hi-tech

Retail &CP

Auto

14 | Everything Logistics

TCI Supply Chain Division: Key Operational Highlights

Figures in Mn

Particulars

Q4 FY22 Q4 FY21

Gr%

FY22

FY21

Revenue

EBDITA

2552

291

2910

-12.3%

10015

9344

328

-11.2%

1068

998

% to Revenue

11.4%

11.3%

10.7% 10.7%

Gr%

7.2%

7.0%

EBIT

182

202

-10.1%

613

596

2.9%

% to Revenue • De-growth during Q4 amid supply disruption in automotive, sudden

6.4%

6.1%

7.0%

7.1%

drop in Farm Equip. • Added 3rd AFTO rake • Margins are stable, with controlled cost structure & lower interest cost

which off-setting depreciation and other fixed cost

11,000

9,000

7,000

5,000

3,000

1,000

10,149

9,110

9,243

9,344

10,015

10.0%

6.6%

7.0%

6.1%

6.4%

6.1%

7.0%

4.0%

1.0%

-2.0%

2017-18

2018-19

2019-20

2020-21

2021-22

Revenue (In Mn.)

EBIT

15 | Everything Logistics

Storage Area under Management

Warehouse “A” Grade

13 Mn Sqft (FY22

130 Cubic Ft ( FY22)

Yard Area under management 250 Acre

4,000 (950) Fleet in operations (Owned)

2,796

21.7%

3,200

2,700

2,200

1,700

1,200

700

200

3,134

3,004

3,431

3,236

30.0%

24.0%

18.3%

18.5%

18.4%

25.0%

20.0%

15.0%

10.0%

5.0%

0.0%

2017-18 2018-19 2019-20 2020-21 2021-22

Capital Emp. (In Mn.)

ROCE

TCI Seaways: Industry nature and trends

Trends to Drive Forward

Coastal Shipping to Increase from 86MMT to 215MMT by 2025

16 | Everything Logistics

Jal Marg Vikas Project: Rs. 5369 crore

The Sagarmala Project US$120 billion Investment 6+ Mega Ports 14+ Coastal Economic Zones Industrial Zones near Ports

Waterways : 6% of transportation modal mix

Coastal 6%

Air 1%

Inland 0.6

Rail 32%

Road 60%

• Manufacturing at the Coastal Area will increase

• More SEZs and Warehousing Zone near ports

• Multimodal Logistics Park to Come up

•

Inland Waterways Projects

BBIN and BIMSTEC connectivity

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 movements, and transportation services

First-mile connectivity via rail & road

and

last-mile

• Multi-modal reduced Green logistics)

carbon

solutions

with (

footprint

TCI Anand

TCI Express

Owns 8000+ marine containers (multipurpose)

06 domestic coastal ships with a total capacity of 77,957 DWT

Serves 7 of India out 13 pots

17 | Everything Logistics

TCI Seaways Division: Key Operational Highlights

Figures in Mn

Particulars

Q4 FY22 Q4 FY21

Gr%

FY22

FY21

Gr%

Avg. MT Price of Low Sulpher Fuel

Revenue

EBDITA

1542

716

1204

28.1%

434

65.0%

5332

2363

3692

44.4%

1150

105.5%

90,000

70,000

% to Revenue

46.4%

36.0%

44.3%

31.1%

EBIT

477

305

56.1%

1790

735

143.3%

% to Revenue •

30.9%

25.4%

33.6%

19.9%

Exceptional growth amidst increased freight rates, High value return cargo from Myanmar 3 dry docks each in FY 22 & FY 23

T M / R N

50,000

30,000

10,000

5,332

65.0%

5,000

3,326

3,443

3,692

2,392

24.7%

22.1%

21.9%

19.9%

33.6%

55.0%

45.0%

35.0%

25.0%

4,000

3,000

2,000

15.0%

1,000

5.0%

•

6,000

5,000

4,000

3,000

2,000

1,000

Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar

2020

2021

2022

4,210

3,645

3,909

3,780

3,022

46.5%

22.4%

22.1%

19.2%

18.1%

65.0% 60.0% 55.0% 50.0% 45.0% 40.0% 35.0% 30.0% 25.0% 20.0% 15.0% 10.0% 5.0%

2017-18

2018-19

2019-20

2020-21

2021-22

2017-18

2018-19

2019-20

2020-21

Revenue (In Mn.)

EBIT

Capital Emp. (In Mn.)

ROCE

18 | Everything Logistics

TCI’s Joint Ventures

Figures in Mn

FY22 (FY21)

Revenue

3010 (3239)

586 (361)

4665 (3596)

Y-o-Y Growth

-7.1% (71%)

62.3% (40.6%)

29.7% (-19.2%)

PAT

56 (67.0)

28 (4.9)

545 (396)

Capital Employed

411 (336)

420 (379)

2920 (2573)

Strategic Partner’s Share

49%

20%

51%

Key Operational Highlights

Operates on asset- light model Building upon its capabilities of integrated multimodal logistics solutions Chemicals, Food Grains, Metals etc

Cold chain services to cater temperature control Warehousing, Primary & secondary distribution requirements.

Focused on automotive logistics of Japanese clients

Everything Logistics | 19

Financial Highlights

CONSOLIDATED

Figures in Mn

STANDALONE

e u n e v e R

A T I D B E

T A P

41000

31000

21000

11000

1000

5000 4000 3000 2000 1000 0

3500 3000 2500 2000 1500 1000 500 0

+16%

+0.1%

28278

32762

9040

Q4 21

9049

Q4 22

+24%

1103

Q4 21

1370

Q4 22

FY 21

FY 22

+49%

3068

4567

FY 21

FY 22

+79%

+32%

655

Q4 21

864

Q4 22

1635

FY 21

2928

FY 22

20 | Everything Logistics

31000

21000

11000

1000

5000 4000 3000 2000 1000 0

3000 2500 2000 1500 1000 500 0

-0.2%

8072

Q4 21

8057

Q4 22

+18%

24888

29357

FY 21

FY 22

+49%

+26%

961

Q4 21

1213

Q4 22

2830

4215

FY 21

FY 22

+79%

+37%

528

Q4 21

727

Q4 22

2671

1490

FY 21

FY 22

Consistent performance :Key financial Indicators

EV/EBIDTA

Return on Capital Employed

12,862

13,477

13052

13369

11,409

23.8%

15.4%

16.1%

14.0%

14.7%

n M n

15,000

12,500

10,000

7,500

5,000

2,500

FY18

FY19

FY20

FY21

FY22

FY18

FY19

FY20

FY21

FY22

Capital Emp.

ROCE

Consolidated Profit After Tax

Return on Net Worth

N M N

14,000

12,000

10,000

8,000

6,000

4,000

2,000

7570

6289

16.5%

16.9%

11966

22.3%

10152

8935

14.1%

13.3%

FY18

FY19

FY20

FY21

FY22

Average Net Worth

Return on Net Worth

1238

813

1453

1432

1507

2928

FY 17

FY 18

FY 19

FY 20

FY 21

FY 22

21 | Everything Logistics

16 14 12 10 8 6 4 2 0

n M n

3,500

3,000

2,500

2,000

1,500

1,000

500

28.0% 24.0% 20.0% 16.0% 12.0% 8.0% 4.0% 0.0%

40.0% 35.0% 30.0% 25.0% 20.0% 15.0% 10.0% 5.0% 0.0%

Market Summary

Particulars

Market Cap

Debt Enterprise Value P/E

EV/EBITDA

52 Week High

52 Week Low

UOM

31st Mar 22

Shareholding Pattern as on 31st March 2022

Rs Mn.

Rs Mn. Rs Mn. Nos

Nos

Rs/share

46327

424 46245 17.2

14.0

858.6

254.1

1% 11%

13%

67%

350%

300%

250%

200%

150%

100%

50%

14.2%

14.6%

14.3%

13.0%

80%

90%

100%

125%

17.3%

#300%

20%

18%

16%

14%

12%

10%

FY18

FY19

FY20

FY21

FY22

Dividend Ratio

Dividend Payout Ratio

22 | Everything Logistics

# Including final dividend @100% in Q4FY22 BOD

PROMOTERS

INDIAN PUBLIC

FOREIGN HOLDINBS

BODY CORPORATE MUTUAL FUND

OTHERS

• •

CRISIL Long term Rating : AA ( Positive) ICRA Short Term Rating CP : A1+

Stock returned CAGR of 37% in last 20 years Stock coverage : 11 : Buy Rating :11

Corporate Governance: Social Responsibility

Environmental पया(cid:4)वरण

Social सामािजक

Governance शासन

•

Ensuring environment-friendly workplaces including renewable energy use. Promoting 3R’s – Reduce, Reuse, Recycle

• Multimodal Solutions: push towards

green logistics

• Warehouse are equipped with solar panels for efficient eco-friendly operations

•

TCI successfully completed 8000 trips in past 8 months via CNG vehicles

•

Road safety and health initiatives conducted on a national level, over 14 months across 8 states

22 healthcare centers across 11 states

Artificial limb center served 2112 patients

• Urmila Sports Academy to train players for National and International sports events

•

Strengthening Independence & transparency & diversity of the Board of Directors

Development of long-term performance-linked remuneration system

• Numerous governance principles &

policies

23 | Everything Logistics

Future Outlook

• Post COVID economic activities accelerated amidst sectorial pent-up demand however geopolitical

tension in Euro-Asia region, rising commodities cost, supply chain disruptions due to China lockdown and inflationary pressure creating some headwinds in short term

• Revenue and Profit growth of 10%-15%

• Aggressive capex plan to capture next cycle of growth

Figures In Mn.

FY 22 Budget

FY 22 Actual

FY23 Budget

Actual (FY07 to FY21)

Hub Centers & Small warehouses

Ships

Containers

Trucks & Rakes

Others (W/H Equip, Wind Energy, IT etc.

Total

5017

640

146

960

3210

1219

4581

800

400

340

120

174

900

600

650

1102

15220

2250

468

3150

24 | Everything Logistics

Thank You!

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Study Reports https://tcil.com/tcil/ study-reports.html

Know About Us www.tcil.com

TCI’s health and safety programme www.tcisafesafar.com

tcisafesafar

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.com CIN: L70109TG1995PLC019116

Cautionary Statement

Statements in this “Presentation” describing the Company’s objectives, estimates, expectations or predictions may be

“forward looking statements” within the meaning of applicable securities laws and regulations. Actual results could differ

materially from those expressed or implied. Important factors that could make a difference to the Company’s operations

include global and Indian demand supply conditions, cyclical demand and pricing in the Company’s principal markets,

changes in Government regulations, tax regimes, economic developments within India and other factors. The Company

assumes no responsibility to publicly amend, modify or revise any forward looking statement, on the basis of any

subsequent development, information or events, or otherwise.

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Transport Corporation of India Limited has informed the Exchange about Investor Presentation

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