Slide 1: Dilip Buildcon Limited exchange filing cover letter
DILIP BUILDCON LIMITED INFRASTRUCTURE & BEYOND <D Date: November 13,2021 To To BSE Limited National Stock Exchange of India Ltd. Listing Department Exchange Plo"a, C-1, Block G P.J Tower, Dalal Str€et BandraKurla Complex, Mumbai - 400001 Bandra @), Mumbai - 400051 Stock Symbol -540047 Stock Symbol -
Slide 2: Dilip Buildcon Limited Earnings Presentation Q2FY22
DILIP BUILDCON LIMITED EARNINGS PRESENTATION | Q2FY22
Slide 3: Contents
03 11 20 Business Highlights Standalone Financial Highlights Consolidated Financial Highlights 22 25 31 Divestment Key Projects Update Company Overview CONTENTS
Slide 4: Business Highlights
Business Highlights
Slide 5: Highlights
Highlights Delivering in Unprecedented times Completed 2 HAM Received appointed Favorable Revenue Growth projects date for 3 HAM Judgement of projects Supreme Court for Pachhwara MDO Earnings Presentation Previous 4 Next
Slide 6: Projects completed during FY22
Projects completed during FY22 (₹ mn) Scheduled Date Actual Early Name of the Length of Completion Project Name State Type of work Cost of work Completion Completion Employer (Kms) including Covid Date Days EOT Sangli-Solapur (Package II: NHAI Maharashtra HAM 6,741 52.00 19.10.2021 24.09.2021 25 Bor
Slide 7: Business Division
Business Division ₹ 1,08,937 mn ₹ 45,377 mn ₹ 37,317 mn ₹ 2,929 mn 47.15% 19.64% 16.15% 1.27% ROADS & MINING HIGHWAYS IRRIGATION METRO SPECIAL AIRPORT TUNNEL BRIDGES Total Order Book – ₹ 2,31,038 mn ₹ 14,826 mn ₹ 2,471 mn ₹ 19,181 mn 6.42% 1.07% 8.30% Earnings Presentation Previous 6 Next
Slide 8: Increasing Diversification
Increasing Diversification Mining, Mining, Special Bridge, Mining, Roads, 18.56% 14.7% Mining, Roads, 3.69% 14.4% Irrigation, 51.75% Irrigation, 16.15% 47.15% 7.07% Irrigation, 17.02% 2.53% Metro, Irrigation, Metro, 2.02% 19.64% 2.01% Metro, Metro, 1.27% 1.18% Special Bridge, Special Special 3.95% B
Slide 9: Total Order Book
Total Order Book (₹ mn) 274,114 254,949 238,881 231,038 211,718 190,816 175,683 107,787 74,747 FY15 FY16 FY17 FY18 FY19 FY20 FY21 Q1 FY22 Q2 FY22 Earnings Presentation Previous 8 Next
Slide 10: Order Book – Client Wise
Order Book – Client Wise 69% of the order book from the 31% of the order book from the Central Government state government 28.94% 47.88% 13.62% 4.54% 2.53% 1.41% 1.07% NHAI MORTH COAL INDIA AAI RVNL STATE PSPCL Earnings Presentation Previous 9 Next
Slide 11: Order Book Contract Type and Geography Wise
Order Book Geography Wise Order Book Contract Type Wise Karnataka, Bihar, 4% 16% Odisha, 10% HAM, 38% Chhattisgarh, Uttarkand, 5% 1% Uttar Pradesh, Gujarat, 17% 8% Madhya Rajasthan, Pradesh,6% 5% Tamilnadu & Andhra Pradesh, Puducherry, 7% 4% Maharashtra, 3% Jharkhand, 12% Goa, 1% Telangana, 2% EPC,
Slide 12: Standalone Financial Highlights
Standalone Financial Highlights
Slide 13: Results Summary – Q2FY22 (Standalone)
Results Summary – Q2FY22 (Standalone) Revenue from operations (₹ mn) EBITDA excl. other income (₹ mn) Profit after tax (₹ mn) 12% 4,00 0 -26% 473 21,561 3,060 19,252 -141% 2,277 (193) - Q2FY21 Q2FY22 Q2FY21 Q2FY22 Q2FY21 Q2FY22 Contract Revenue Breakup Roads, Special Metros, Airports & Irrigation Mi
Slide 14: Results Summary – H1FY22 (Standalone)
Results Summary – H1FY22 (Standalone) Revenue from operations (₹ mn) EBITDA excl. other income (₹ mn) Profit after tax (₹ mn) 13% 8,00 0 -16% 43,024 810 38,172 6,061 -90% 5,105 4,00 0 77 - H1FY21 H1FY22 H1FY21 H1FY22 H1FY21 H1FY22 Contract Revenue Breakup Roads, Special Metros, Airports & Irrigation
Slide 15: Result Update – Standalone
Result Update – Standalone (₹ mn) Particulars Q2FY22 Q1FY22 Q2FY21 Y-o-Y (%) H1FY22 H1FY21 Y-o-Y (%) Revenue from operations 21,561 21,463 19,252 11.99% 43,024 38,172 12.71% Operating expenses 19,284 18,634 16,192 19.10% 37,919 32,111 18.09% EBITDA excl. other income 2,277 2,828 3,060 -25.60% 5,105
Slide 16: Standalone Profit & Loss
Standalone Profit & Loss (₹ mn) Particulars Q2FY22 Q2FY21 H1FY22 H1FY21 Revenue from Operations 21,561 19,252 43,024 38,172 Other income 52 94 176 179 Total Income 21,613 19,346 43,200 38,351 Expenses Cost of materials consumed 18,309 14,899 35,895 29,844 Changes in inventories of finished goods, St
Slide 17: Standalone Balance Sheet
Standalone Balance Sheet (₹ mn) Particulars Sep’21 June’21 Sep’20 Particulars Sep’21 June’21 Sep’20 ASSETS EQUITY AND LIABILITIES Non-current assets Equity (a) Property, plant and equipment 18,035 18,763 19,201 (a) Equity share capital 1,462 1,462 1,368 (b) Other equity 42,844 42,971 35,501 (b) Capi
Slide 18: Standalone Cash flow
Standalone Cash flow (₹ mn) Particulars Q1FY22 Q2FY22 H1FY22 Particulars Q1FY22 Q2FY22 H1FY22 CASH FLOW FROM OPERATING ACTIVITIES CASH FLOW FROM INVESTMENT ACTIVITIES Net profit before tax as per Statement of Profit and Loss 484 (267) 217 Purchase of Fixed Assets (776) (290) (1,066) Adjustments for:
Slide 19: Net Working Capital Days – Quarterly
Net Working Capital Days – Quarterly 140 127 100 104 82 120 114 101 107 103 93 100 90 87 100 89 96 96 85 83 80 80 82 80 75 71 69 69 69 71 60 65 66 66 61 62 61 63 63 59 60 57 60 59 55 56 55 53 51 48 49 50 49 49 40 44 37 20 103 102 95 86 91 89 100 105 104 104 106 111 113 121 120 126 127 0 Sep'17 Dec'1
Slide 20: Net Debt to Equity Ratio – Quarterly
Net Debt to Equity Ratio – Quarterly (Working Capital & Equipment Debt) Net Debt/Equity Equipment Debt/Equity Working Capital Debt/Equity 0.77 0.63 0.69 0.70 0.58 0.55 0.51 0.57 0.48 0.58 0.60 0.47 0.50 0.45 0.46 0.45 0.54 0.47 0.46 0.53 0.51 0.44 0.39 0.35 0.32 0.36 0.30 0.25 0.23 0.22 1.24 1.13 1.
Slide 21: Consolidated Financial Highlights
Consolidated Financial Highlights
Slide 22: Consolidated Profit & Loss
Consolidated Profit & Loss (₹ mn) Particulars (₹ mn) Q2FY22 Q1FY22 Q2FY21 Y-o-Y (%) H1FY22 H1FY21 Y-o-Y (%) Revenue from Operations 28,555 24,383 21,867 30.59% 52,938 42,866 23.50% Other income 47 151 111 -57.95% 198 215 -8.05% Total Income 28,602 24,534 21,977 30.14% 53,135 43,081 23.34% Expenses C
Slide 23: Divestment
Divestment
Slide 24: Divestment of Road Assets
Divestment of Road Assets The Company has 12 HAM Assets which are either committed or at an advance stage of Monetisation FY-22-23 Expected Divestment Consideration ~ Rs. 15,000 Mn Company looking for ~ Rs. 25,000 Mn from Divestment Consideration FY-21-22 Expected Divestment Consideration ~ Rs. 10,0
Slide 25: Equity Tracker for HAM & Coal Projects
Equity Tracker for HAM & Coal Projects (₹ mn) Actual Invested H2 FY 22-23 FY 23-24 Particulars Requirement FY 21-22 Till Sep-21 Projected Projected Projected Investment in 23 HAM Projects 29,074 17,692 5,386 2,718 3,278 Investment for Siarmal Coal Project # 4,983* - 501 1,867 137 Investment for Pach
Slide 26: Key Projects Update
Key Projects Update
Slide 27: Hybrid Road Projects – Progress
Hybrid Road Projects – Progress (₹ mn) Sr. No Project Name Payment Milestone (Grant) Appointed Date % of work done as on 31.10.2021 1 DBL Borgaon Watambare Highways Pvt. Ltd. PCOD achieved on 24.09.2021 22.04.2019 96.00 2 DBL Gorhar Khairatunda Highways Pvt. Ltd. PCOD achieved on 16.10.2021 19.07.20
Slide 28: Hybrid Road Projects – Progress
Hybrid Road Projects – Progress (₹ mn) Sr. No Project Name Payment Milestone (Grant) Appointed Date % of work done as on 31.10.2021 12 Pathrapali Kathghora Highways Private Limited 2nd PM, 30% Progress 04.12.2020 32.14 13 Dodaballapur- Hoskote Highways Private Limited 22.02.2021 29.52 1st PM, 10% Pr
Slide 29: Key Outstanding Road EPC Projects
Key Outstanding Road EPC Projects (₹ mn) Project name Type Contract Outstanding Order Length (Kms) LOA Date Date of Start Schedule Date of Value Book as on 30.09.2021 Completion with EOT Nagpur Mumbai Super Communication Expressway (Package 12) Road 16,980 3,822 45.65 Aug-18 Jan-19 Jan-22 Varanasi t
Slide 30: Airport, Mining and Irrigation Projects
Airport ,Mining and Irrigation Projects Airport (₹ mn) Outstanding Order Book as Schedule date of Project name Type Contract LOA Date Date of Start on 30.09.2021 Completion Value Construction of New Greenfield Airport at Hirasar, Rajkot Airport 5,701 2,471 Feb-20 Feb-20 Aug-22 Mining Contract Outsta
Slide 31: Special Bridges, Tunnel and Metro Projects
Special Bridges, Tunnel and Metro Projects (₹ mn) Contract Outstanding Order Book as Schedule date of Project name Type LOA Date Date of Start Value on 30.09.2021 Completion Zuari Bridge -(Package II ) Special Bridge 5,454 625 Feb-16 April-16 Nov-22 Zuari Bridge -(Package I ) Special Bridge 4,401 54
Slide 32: Company Overview
Company Overview
Slide 33: Overview
Overview Pan India presence No subcontracting, Largest employer in Early completion bonus 19 states & vertically integrated and use construction industry FY 2012 to 2021 1 Union Territory of technology 33,386 employees ₹ 5,655 mn 01 03 05 07 ₹ 02 04 06 08 Largest owner of Diversified areas of expert
Slide 34: Our Journey
Our Journey After building an enviable reputation for ahead-of-time-execution in its home state, Enters into Tunnels and Metros the Company decides to foray outside for After building roads segments. Revenue grows to more The young firm witnesses a in multiple than 120%, since the Company the first
Slide 35: Pan India Project Execution Capability
Pan India Project Execution Capability (₹ mn) State Completed Ongoing Gross Ongoing Net Andhra Pradesh 29,045 21,305 9,852 Himachal Bihar - 12,699 10,614 Pradesh Chhattisgarh 7,038 8,127 3,750 Punjab Uttarakhand Goa 1,250 14,031 1,767 Haryana Gujarat 9,589 48,894 43,371 Haryana 4,637 - - Rajasthan U
Slide 36: Backward Integration
Backward Integration To further support our in-house execution, we have setup our own manufacturing units, which make the highest quality road furniture/ material needed for our business. It helps us control costs and timelines. Octagonal Pipe Metal Beam Road Marking Bus Sign Scaffolding Poles Rolli
Slide 37: Leadership Team
Leadership Team Mr. Dilip Suryavanshi - Chairman and MD Mr. Devendra Jain - Executive Director & CEO Dilip Suryavanshi is the Chairman and Managing Director of our Company. He holds a bachelors Devendra Jain is an Executive Director and Chief Executive Officer of our Company. He holds a degree in ci
Slide 38: Awards, Accreditation & Accolades
Awards, Accreditation & Accolades Best Place to Work in India by National Highway Excellence Dun & Bradstreet Construction World Global National Highway CNBC Awaaz CEO awards 2019 Ambition Box Award 2020 for Excellence in Construction-Infrastructure Award 2019 3rd Fastest Excellence Award 2019 for "
Slide 39: Awards, Accreditation & Accolades
Awards, Accreditation & Accolades Largest Fleet Owner of EC210B Valued Customer of Bitumen Single Largest Customer of Star Achiever by GK TMT in 2014 Road Contractor of the Year by Hydraulic Excavators in India by by BPCL in 2015 Caterpillar GCI in India in 2014 Construction Week in 2016 Volvo in 20
Slide 40: Thank You
Dilip Buildcon Limited Plot No. 5, Inside Govind Narayan Singh Gate, Chuna Bhatti, Kolar Road, Bhopal Madhya Pradesh - 462 016 0755 - 4029999 \ 0755 - 4029998 db@dilipbuildcon.co.in L45201MP2006PLC018689 S-ANCIAL GLOBAL SOLUTIONS PVT. LTD. (Investor Relations) 215, Shivshakti Industrial Estate, J. R