Gpt Infraprojects Limited · NSE:GPTINFRA
Gpt Infraprojects — Q3 FY19 Earnings Presentation
24 slides from Gpt Infraprojects's earnings presentation, Feb 14, 2019
Slide 1: Exchange cover letter for Q3 FY19 earnings presentation
GPT Infraprojects Limited @ group Regd. Office : GPT Centre, JC - 25, Sector-lll, Salt Lake, Kolkata-700 098, India CIN: (2010681 980°\C087872 Tel : +91-33-4050-7000 Fax : +91-33-4050-7999 E-mail : info@gptgroup.co.in Visit us : www.gptgroup.co.in GPTINFRA/CS/SE/2018-19/5293 14" February, 2019 The D
Slide 2: GPT Infraprojects Limited Result Presentation Q3 & 9M FY19
GPT Infraprojects Limited Result Presentation Q3 & 9M FY19
Slide 3: Safe Harbor
Safe Harbor • This presentation and the accompanying slides (the “Presentation”), which have been prepared by GPT Infraprojects Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any s
Slide 4: Business & Financial Update
Business & Financial Update Q3 & 9M FY19
Slide 5: Key Business Updates
Key Business Updates Revenue growth of 17.8% y-o-y to Rs 4,047 mn in 9M F’19 Board recommended an interim dividend of 20% i.e. Rs. 2.0 per equity share Order backlog of Rs 20.6 bn as of Dec-18, led by an order intake of Rs 6.3 bn; additionally, Further, L1 in Rs 2 bn 4
Slide 6: Profit & Loss Highlights
Profit & Loss Highlights Consolidated (Rs mn) Q3 '19 Q3 '18 Y-o-Y% 9M '19 9M '18 Y-o-Y% Revenue 1380.6 1135.1 21.6 4,046.5 3,436.1 17.8 Other income 41.7 48.8 -14.4 110.5 107.6 2.7 Net Sales 1422.3 1183.9 20.1 4,157.0 3,543.7 17.3 Operating expenses 1218.1 945.7 28.8 3,546.6 2,901.5 22.2 EBITDA 204.
Slide 7: Segment-wise Revenue Break-up
Segment-wise Revenue Break-up Segmental revenue break-up: Q3’19 Segmental revenue break-up: 9M’19 Concrete Concrete Sleepers Sleepers 25% 27% Infrastructure Infrastructure 75% 73% 6
Slide 8: Rs 20.6 bn of Order Book; Rs 6.3 bn of Order Intake in 9M'19
Rs 20.6 bn of Order Book; Rs 6.3 bn of Order Intake in 9M’19 Key orders received during YTD’19… additionally, L1 in orders worth Rs 2 bn Value Segment Projects Client (Rs Mn) Bridge substructure & ancillary work in connection with new BG line from Jiribam to Infrastructure NE Frontier Railway, Guwah
Slide 9: Business Segments: Infrastructure | Concrete Sleepers
Business Segments Infrastructure | Concrete Sleepers 8
Slide 10: Company Overview
Company Overview ✓ Leading player in Civil construction and Sleeper manufacturing for Key Competencies Railways with almost 40 yrs of experience 1 ✓ Offers integrated solutions backed by Engineering skill and Construction capability (~1,000 employees incl. 119 engineers) End-to-end 6 Execution 2 Fis
Slide 11: Infrastructure: Strong execution capabilities across verticals
Infrastructure: Strong execution capabilities across verticals ▪ Commenced infrastructure projects in 2004 ▪ Executes civil infrastructure projects mainly in railways and roads bridges and industrial infrastructure for government sector clients ▪ Core expertise in infrastructure works includes: o Co
Slide 12: Concrete Sleepers: Among the Pioneers in India
Concrete Sleepers: Among the Pioneers in India Segment Overview and Manufacturing Facilities ▪ Among the Pioneers: Among India’s first concrete sleeper manufacturers in 1982 ▪ Diversified Products: Mainline, Curves, Bridges, Level-crossings, Points & crossing ▪ Capacity: Total installed capacity of
Slide 13: Key Growth Drivers
Key Growth Drivers Revival in Railway Capex | Healthy Order Book Focus on Increasing Profitability | Strong Corporate Governance
Slide 14: Pick-up in Railway Capex
Pick-up in Railway Capex .… Medium Term (FY16-20) Investment Plan of Rs 8.56 tn by Indian Railways FY20 Railway Capex pegged at Rs 1,587 bn versus Rs 1,480 bn last year • Allocated Rs 1,993 bn towards DFC, Doubling/Tripling • Allocated Rs 1,930 bn towards Network of lines, Electrification and traffi
Slide 15: Presents Significant Growth Opportunity for GPT
…. Presents Significant Growth Opportunity for GPT…. Setu Bharatam – Rs 500+ bn to construct of 208 ROBs, rebuild 1,500 British era bridges Bridge construction Rashtriya Rail Sanraksha Kosh – Portion of Rs 100 bn earmarked for bridge rehabilitation opportunity Unmanned level crossing (UMLC) - Elimin
Slide 16: Reflected in Increased Order Intake
…. Reflected in Increased Order Intake Order Inflow (Rs mn) Order Book (Rs mn) Strong revenue visibility of 4x F’18 Sales 8,813 20,730 20,621 18,510 7,112 16,500 6,310 6,080 12,460 3,540 F'15 F'16 F'17 F'18 9M'19 Mar'15 Mar'16 Mar'17 Mar'18 Dec'18 • Additionally, L1 in orders worth Rs 2 bn (not incl
Slide 17: Focus on Consistent Operating Margin
Focus on Consistent Operating Margin… Net Sales (Rs mn) growth trend Healthy EBITDA (Rs mn) with consistent margin 13% 17% 15% 15% 16% 852 5,371 5,124 5,154 777 768 4,528 663 3,971 586 F'14 F'15 F'16 F'17 F'18 F'14 F'15 F'16 F'17 F'18 • F'18 revenue is after adjusting for GST and change in accountin
Slide 18: Better Working Capital, leading to Improved Profitability
… Better Working Capital, leading to Improved Profitability Working Capital (Days) Profit After Tax (Rs mn) Return on Equity (%) 232 9.4% 206 8.4% 191 182 7.4% 152 152 122 123 3.1% 63 2.5% 41 Mar'14 Mar'15 Mar'16 Mar'17 Mar'18 F'14 F'15 F'16 F'17 F'18 F'14 F'15 F'16 F'17 F'18 Improved working capita
Slide 19: Experienced Management with Strong Industry Background
Experienced Management with Strong Industry Background… Dwarika Prasad Tantia Shree Gopal Tantia Atul Tantia Vaibhav Tantia Chairman Managing Director Executive Director & CFO Director & COO • With an experience of • 35 years experience in • Graduated Magna Cum • Graduated Summa Cum over 45 years, h
Slide 20: Along with Focus on Better Corporate Governance
…Along with Focus on Better Corporate Governance Kashi Prasad Khandelwal Sunil Patwari Viswa Nath Purohit Independent Director Independent Director Independent Director IFellow member and holds certificate of practice Holds PGDM degree from IIM, Ahmedabad and Is a fellow member and holds certificate
Slide 21: Annual Financial Highlights
Annual Financial Highlights 20
Slide 22: Consolidated Profit & Loss
Consolidated Profit & Loss Consolidated (Rs mn) F’16 F’17 F’18 • FY '18 revenue is after adjusting for GST and Revenue 5,028 5,038 5,207 change in accounting Other income 96 116 164 policy relating to consolidation of Namibia Net Sales 5,124 5,154 5,371 joint venture Operating expenses 4,347 4,386 4
Slide 23: Consolidated Balance Sheet
Consolidated Balance Sheet Liabilities (Rs mn) Mar’16 Mar’17 Mar’18 Assets (Rs mn) Mar’16 Mar’17 Mar’18 Share Capital 143 145 291 Fixed Assets incl. CWIP 1,135 1,450 1,528 Reserves 1,552 1,788 1,823 Investment in JV 249 291 292 Shareholders' Funds 1,696 1,933 2,114 Secured Loans 40 132 104 Long Term
Slide 24: GPT Infraprojects Limited contact details
GPT Infraprojects Limited Atul Tantia GPT Infraprojects Limited atul@gptgroup.co.in CIN: L20103WB1980PLC032872 GPT Centre, JC-25, Sector-III, Salt Lake City, Stellar IR Advisors Pvt. Ltd. (Investor Relations) Kolkata-700046, West Bengal +91 33 4050 7000 Gaurang Vasani Pooja Sharma vgaurang@stellar-i