Linde India : 86th AGM Presentation

Presentation for 86th Annual General Meeting.

Linde India Limited.

Abhijit Banerjee

Kolkata, 23rd June 2022

Making our world more productive

1

2

3

Agenda

Business Briefing

• Linde Plc & Linde India: A Brief Introduction
• Executive Summary
• Gases Volume Trend in 2021
• Macro economics, Implications to Linde

Financial Performance

• Financial Performance 2021
• Balance Sheet 2021
• Financial Performance of 1Q 2022

Key Priorities

• Future Outlook - Growth Drivers for Linde India
• Leverage Application capabilities
• Sustainable Development & People Strategy
• Digitalization focus

2

1

2

3

Agenda

Business Briefing

• Linde Plc & Linde India: A Brief Introduction
• Executive Summary
• Gases Volume Trend in 2021
• Macro economics, Implications to Linde

Financial Performance

• Financial Performance 2021
• Balance Sheet 2021
• Financial Performance of 1Q 2022

Key Priorities

• Future Outlook - Growth Drivers for Linde India
• Leverage Application capabilities
• Sustainable Development & People Strategy
• Digitalization focus

3

01 | Linde plc & Linde India: A Brief Introduction

LINDE PLC

Globally

• Formed in 2018 with the business

combination of Linde AG and Praxair,

Inc - two world-class companies with

nearly 140 years of shared history

LINDE INDIA LIMITED

	•	Long Term Agreements with key Customers such as
Onsite	•	TATA, SAIL, JSL and many other players
	Highly Capital-Intensive segment

and successful achievements
• The leading industrial gases and
engineering	company	in	100+
countries with ~ 74,000 employees
• A wide range of patents worldwide
• 2021 Global	Sales: $	31	Billion;
Market Cap : $ 170 billion

Bulk

PGP Industrial Products

• Strong Supply Chain Management; serves LOX, LIN, LAR as major products to more than 1000 Customers
• Sales team strongly supported by Deliver, Customer Service
• More than 20 lakh m3 of compressed gases sold per month in more than 150,000 cylinders in circulation
• Footprints across India

In India

• More than 100 ASU's/ N2 Plants built by Linde in India in the last 20 years; Worlds largest ASU's (5 x 5,250 TPD) installed at Jamnagar | 20 ASUs on BOO basis
• Engineering centers with over 1500 professionals @ Baroda, Kolkata & Bangalore
• Preferred partner for all major steel companies & refineries in India

	PGP Special	•	Focused team dealing in Special gases such as He,
		Calibration gases, electronic gases.
	Products	•	Highly profitable segment
		•	Medical Oxygen and other products for healthcare

	Healthcare	•	> 200 tonnes of Medical Oxygen delivered every day
		by Linde Team to meet Hospital's demands
		• State of the Art ASUs, N2 generators across the Globe
	PED	•	Major Customers : Steel (SAIL, TATA, JSW, BPSL, NMDC,
		RINL), Oil & Gas ( HPCL, IOCL, BPCL, ONGC, GAIL, HMEL,
			MRPL, CPCL)

01 | Executive Summary 2021

	▪ Decreased Incident rates (TRCR/CVIR) compared to last year
Safety	▪ Focus on near miss/Process safety Tier 3 reporting (3000+ cases)
▪ Focus on people vaccination & reinforcement of Covid-19 guidelines
	▪ Leverage taken from Technologies to improve Transport safety like use of driving simulator, MDVR & TOC
	▪ Revenue higher by 44% due to re-opening of the economy
Revenue	▪ Gases revenue higher by 38% with growth in all business majorly in liquid oxygen in Q2 due to COVID
	▪ PED revenue higher by 66% due to strong performance and lockdown impact in last year
	▪ Robust cash flow of around 6,000 MINR from Operations
Cash flow	▪ Additional Cash flow of 2,500 MINR from sale of land
	▪ Closing cash balance around 10,000 MINR
PED Projects	▪ PED revenue over 4,500 MINR in 2021 which is higher by 66% as compared to last year
▪ Robust order book of 11,000 MINR as on Dec 2021

TRCR: Total Recordable Case Rate	CVIR: Commercial Vehicle Incident Rate
MDVR: Mobile Digital Video Recorder	TOC: Transport Operation Centre	5