Business Model
Empowered to Deliver Value
The AEL business model is structured to drive sustained growth and deliver consistent value to the stakeholders across the business capitals.
Financial Capital
- ₹ 89,178 crore Net worth
- ₹ 35,900 crore Capex spent
- ₹ 91,397 crore assets of incubating businesses (i.e. 62% of total net fixed assets)
Manufactured Capital
ANIL – New Energy Ecosystem
- 4 GW Solar cell & module capacity
- 2 GW Ingot Wafer capacity
- 2.25 GW WTG capacity
ACX – Data Center
- 55+ MW operational capacity
AAHL – Airports
- 8 operational airports
ARTL – Roads
- 13 operational projects
Intellectual Capital
- 4 WTG Models developed and listed with RLMM
Human Capital
- 8,846 Total employees
- 11% Female employees
Training & Development
- 1,87,229 total hours of employee training
- 21 - Average hours of training per employee
- 100% of contractual workers trained on Human Rights and Health & Safety parameters
Social and Relationship Capital
- ₹ 140.50 crore consolidated CSR contribution
- 7,654 unique suppliers in Tier-I
- 26% procurement from MSMEs/small producers
- 35% procurement spend on significant suppliers
Natural Capital
- 8,09,671 GJ of Renewable Energy consumption
- 90% of waste managed through recovering, recycling and reuse
- 46% water withdrawal from non-competing sources
Financial Capital
- Strong financial flexibility and diverse funding sources
- Ability to raise debt at competitive rates
- Efficient and prudent cost management
Manufactured Capital
- Robust incubation model ensures continuous access to operational assets
- Financial capacity to fund capex
- Capex projects progressing well and in line with targeted timelines
Intellectual Capital
- Learning and training programmes ensuring industry-relevant knowledge and expertise
- Strategic joint ventures and partnerships
- Deployment of advanced technologies and modernisation of processes
- Establishment of Global Capability Center (GCC)
Human Capital
- Ready availability of skilled workforce and ability to retain employees
- Continual investment in training and development
- Nurturance of a holistic internal growth environment
Social and Relationship Capital
- Integrated business model to improve access to essential social services and economic opportunities for the community
- Well-defined stakeholder engagement policy, guides our approach to building societal relationships
- Sustainable livelihood programmes and community infrastructure development improves standard of living and nurtures social capital
Natural Capital
- Pledged to energy transition and climate action
- Investment in RE business
- Target to achieve decarbonisation
- Biodiversity enrichment initiatives
- Transparent reporting aligned to global standards
Vision
To be a world-class leader in businesses that enrich lives and contribute to nations in building infrastructure through sustainable value creation
Values
Courage: We shall embrace new ideas and business
Trust: We shall believe in our employees and other stakeholders
Commitment: We shall stand by our promise and adhere to high standards of business
Culture
Passion: Performing with enthusiasm and energy
Results: Consistency achieving goals
Integration: Working across functions and businesses to create synergies
Dedication: Working with commitment in the pursuit of our time
Entrepreneurship: Seizing new opportunities with initiatives and ownership
External Environment
- Governance: Upholds transparency and ethical conduct
- Risks and Opportunities: Faces various risks but also identifies opportunities for innovation and growth
- Strategy and Resource Allocation: Prioritises investments aligned with long-term vision
- Performance: Demonstrates strong financial performance and market competitiveness
- Outlook: Optimistic outlook, focussing on innovation and sustainability for future growth
Value Creation Approach
- Integrated Operations: Diverse portfolio, maximising synergies
- Innovation Hub: Continuous R&D for efficiency and sustainability
- Sustainable Practices: Environmental and social responsibility
- Strategic Partnerships: Collaborating for growth and shared value
- Global Reach: Leveraging international presence for opportunities
- Continuous Improvement: Data-driven optimisation and innovation
Strategic Priorities
- Incubation Approach: Nurturing innovation and new ventures
- Operational Excellence: Streamlining processes and maximising efficiency
- Construction Excellence: Timely delivery with superior quality
- Synergies Across Businesses: Collaborating for mutual benefits
- Stakeholder Value Enhancement: Prioritising stakeholder needs and delivering sustainable value
Financial Capital
- ₹ 1,02,943 crore total income
- ₹ 16,464 crore EBITDA
- ₹ 9,339 crore PAT attributable to shareholders
- 2.6x Interest service coverage ratio
- 1.9x Debt service coverage ratio
- 3.9x Net external debt/EBITDA
Manufactured Capital
- 4,904 MW module sales
- 58% growth in domestic sales
- Significant share in India’s airports volume
- 23% share in pax movements
- 21% share in air traffic movements
- 29% share in cargo volume
- PCODs received for 3 HAM Road projects
- 30% CAGR value creation to shareholders over 3 decades
Intellectual Capital
- India’s largest wind turbine model of 5.2 MW
Human Capital
- 2,055 new employee hires
- 67% of open positions filled by internal hires
- 22% of wages for employment in rural & semi-urban areas
- 0.043 Employee Lost Time Injury Frequency Rate (LTIFR)
- 0.066 Workers Lost Time Injury Frequency Rate (LTIFR)
Social and Relationship Capital
- 89,988 lives impacted through CSR initiatives
- 99.4% customer satisfaction among surveyed respondents
- 100% of new manufacturing suppliers screened on ESG criteria
Natural Capital
- 19% renewable energy in total electricity mix
- 43% reduction in energy intensity*
- 57% reduction in operational emission intensity*
- 75% reduction in water consumption intensity*
- 91% of waste diverted away from landfill
4,904 MW
Module Sales
231 sets
WTG Supplied
95.3 million
Passengers Served
44.6 MMT
IRM volume
49.4 MMT
MDO dispatch volume
175 GJ
Energy Intensity per unit of revenue
20 tCO2e
Operational Emission Intensity per unit of revenue
16.5 kwp
Solar lights installed
Financial Capital
- Prudent Capital Management plan
- Equity raising programme by way of QIP and Right Issue
- Debt raising programme including NCD Public Issues
Manufactured Capital
- Continuous investment in Capex projects and Capacity addition
- Increase in new projects and tied up capacity ensuring strong order book
- Initiatives to reduce cost and boost productivity
Intellectual Capital
- Investment in Digital Infrastructure
- Strategic acquisitions
- Talent development
Human Capital
- Investment in employee skilling, health and well-being
- Initiatives to promote zero harm and zero discrimination
Social and Relationship Capital
- Robust ESG framework in place
- Exploring new initiatives to positively impact lives
Natural Capital
- R&D to promote use of RE and circular economy, and reduce energy, water and emission intensity
Financial Capital
Manufactured Capital
Human Capital
Social and Relationship Capital
Natural Capital
*Performance is compared to base year FY 2021-22, intensity is calculated per ₹ crore of revenue