Slide 1: Investor Presentation Financial Results: FY20 & Q4'20
Investor Presentation Financial Results: FY20 & Q4’20 Date: 30th June 2020
Slide 2: Safe Harbor
Safe Harbor This presentation report is for distribution purpose only under such circumstances as may be permitted by applicable law. This presentation is for information purposes only without regard to specific objectives, financial situations or needs of any particular persons and does not constit
Slide 3: Content
Content 1 Financial Performance – FY20 & Q4’20 4 2 Order Book 18 3 Outlook for FY 20-21 21 3
Slide 4: 1. Financial Performance – FY20 & Q4'FY20
1.Financial Performance – FY20 & Q4’FY20
Slide 5: Round-up of a Successful Year - FY20
Round-up of a Successful Year - FY20 # Highest ever revenue (up 22%) and profits (up 29%) # Final Dividend of ₹ 6 per share # Highest ever Annual Dividend of ₹ 400 Cr (₹ 16 per share) # 161% rise in exports over FY19: # Supply of 6 DEMU Trainsets to Sri Lanka completed, secured repeat order of 2 mor
Slide 6: Another Year of Strong Performance
Another Year of Strong Performance ₹ in Crore Consolidated Standalone 2735 2665 2474 2401 2240 2164 2047 1969 FY19 FY20 Operating Revenue Total Revenue Operating Revenue Total Revenue Achieved 22% growth in operating revenue as against targeted 17% on standalone basis Growth driven by increase in Ex
Slide 7: Profits with Sustained Margins (Consolidated)
Profits with Sustained Margins (Consolidated) ₹ in Crore 929 874 776 730 633 490 FY19 FY20 Margins 34% 32% 23.2% 34.7% 32.6% 21.9% EBITDA PBT PAT Focus on expeditious execution of orders helped in increased profits Increased human resource productivity helped in maintaining margins *EBITDA = PBT + I
Slide 8: Profits with Sustained Margins (Standalone)
Profits with Sustained Margins (Standalone) ₹ in Crore 867 823 712 677 596 445 FY19 FY20 Margins 32.5% 30.9% 22.4% 32.9% 31.3% 20.5% EBITDA PBT PAT Consultancy and leasing helped to maintain margins on incremental revenues PAT is positively impacted by ₹ 52 crore due to adoption of lower tax rate fr
Slide 9: Segmental Growth (Standalone)
Segmental Growth (Standalone) ₹ in Crore FY20 1066 121 541 673 264 -2.3% + 16.5% + 161.6% + 18.7% + 35.5% FY19 1091 104 207 567 195 Consultancy Lease Exports Turnkey Other Income Significant growth in Exports on supply of DEMU Trainsets and Locomotives to Sri Lanka Consultancy remained almost flat d
Slide 10: Segmental Profits and Margins (Standalone)
Segmental Profits and Margins(Standalone) ₹ in Crore -0.2% 123 479 478 62 Consultancy Exports 30.2% 22.7% 43.9% 44.9% FY19 FY20 FY19 FY20 Margins 5.6% 23 Turnkey Projects 44 47 19 Leasing 42.6% 38.6% 3.3% 3.4% FY19 FY20 FY19 FY20 Impact of slightly lower consulting turnover offset by increased profi
Slide 11: Q4FY20 at a Glance (Standalone)
Q4FY20 at a Glance (Standalone) ₹ in Crore 765 216 714 206 190 596 177 553 -1% 133 131 Q4'19 Q4'20 Margins 31.9% 29.8% 22% 28.3% 26.9% 17.4% Operating Revenue Total Revenue EBITDA PBT PAT Revenue moderated during the quarter due to major shipments completed till Q3FY20 and impact on revenue due to l
Slide 12: Segmental Analysis (Q4FY20)
Segmental Analysis (Q4FY20) ₹ in Crore Profit Margins 48.2% 33.9% 15.8% 3.3% Q4FY20 293 31 59 170 Revenue -8.6% +6.3% -42.8% -34.9% Q4FY19 320 29 103 261 Consultancy Leasing Exports Turnkey Profit Margins 43.0% 43.8% 34.2% 4.1% Consultancy margins remained intact despite less revenue due to restrict
Slide 13: REMCL Performance
REMCL Performance ₹ in Crore 83 81 -0.3% 0.6% 60 60 49 50 Financial Year 41 FY19 35 FY20 Total Revenue EBITDA PBT PAT 25 -5.3% 20 -5.7% 18 17 -5.1% 15 14 4th Quarter 11 10 Q4FY19 Q4FY20 Total Revenue EBITDA PBT PAT Sustained PBT & PAT margins of 61% and 43% respectively for the FY20 Q4 revenue impac
Slide 14: Trade Receivable in Days (Standalone)
Trade Receivable in Days (Standalone) 161 116 113 105 97 FY16 FY17 FY18 FY19 FY20 Lockdown impacted the collection performance of the company as March is important month for recoveries US$8.35 million from a foreign client, expected in March’20, but received in May due to lockdown there * Debtor day
Slide 15: Value Generation for Investors (Standalone)
Value Generation for Investors (Standalone) Networth (₹ in Crore) EPS (₹ ) FY20 2577 23.86 FY19 2384 17.79 FY18 2199 FY17 2035 FY19 FY20 FY16 1878 *EPS for FY 19 has been adjusted for the 1:4 bonus share issue during FY20 15
Slide 16: Dividend Apportioned
Dividend Apportioned* ₹ in Crore Dividend Payout Ratio: 67% for FY20 on 12 months PAT (including final dividend for FY20) ₹ 150 crore (₹ 6 per share) of Final dividend for FY 20 has been recommended and will be paid in FY21, subject to approval of shareholders * The above numbers are based on divide
Slide 17: Employee Productivity
Employee Productivity ₹ in Crore REVENUE PER EMPLOYEE Continuous rationalization of manpower to (STANDALONE) 0.82 improve productivity 0.65 ₹ FY20 Profit before Tax per employee stands at Rs. 27 lakh (Rs. 20 Lakh in FY19) 0.41 0.47 0.49 Senior Management with an avg. experience of 33+ years FY16 FY1
Slide 18: 2. Order Book
2. Order Book 18
Slide 19: Order Book
Order Book REMCL 1% Turnkey 34% Consultancy 40% Order Book (as on 31.03.2020) Exports Rs. 6223 Crore 23% Leasing 2% Others 29% Consultancy Exports Lease Turnkey REMCL Rs. 2464 Crore Rs. 1436 Crore Rs. 122 Crore Rs. 2131 Crore Rs. 70 Crore Govt & PSU 71% * Order book includes, ₹706 crore order from M
Slide 20: Major Projects Secured during Q4FY20
Major Projects Secured during Q4FY20 ₹ in Crore RITES secured more than 300 projects/contracts including enhanced scope during FY20. Expected Project Scope Amount Client Completion Exports Supply of 6 cape gauge Locomotives and 90 passenger coaches 706.10 CFM, Mozambique 2021 including DEMU train-se
Slide 21: 3. Outlook for FY20-21
3. Outlook for FY20-21 21
Slide 22: Pandemic Impact & Response
Pandemic Impact & Response 01 Revenue and profit targets achieved for FY20 01 Transition to Work from Home(WFH) with e-office and ERP system in place 02 May impact the earnings and profits for H1FY21 02 Expediting project execution and exports supplies for the remaining year 03 Certain order inflows
Slide 23: Business Outlook
Business Outlook Adequate order book for execution for 2-3 years Strategic focus on international projects, exports and domestic mega projects Sufficient order book, diversified business segments and Introduction of ₹111 Lakh crore projects under the National opportunities in Infrastructure Pipeline
Slide 24: Thank You
Thank You 24