Slide 1: Ramky Infrastructure Limited Company Presentation
Ramky Infrastructure Limited Company Presentation November 2013
Slide 2: Agenda
Agenda Corporate profile Strengths and growth strategy Financial overview 1
Slide 3: The Corporate Profile
The Corporate Profile Ramky snapshot Ramky Infrastructure Limited (“Ramky” or the “Company”), is an integrated construction and infrastructure development and management company with a multinational presence Ramky operates in three principal business modes: Construction Developer International –
Slide 4: The Construction Business Profile
The Construction Business Profile Include water treatment plants, water transmission Closing order book (INR m) and distribution systems, elevated and ground level Water & Waste service reservoirs, sewage treatment plants, Water common effluent treatment plant, tertiary treatment plants, undergrou
Slide 5: Detailed Construction Business Profile (continued)
Detailed Construction Business Profile (continued) Closing Order Book 59,868 24,476 48,196 21,090 21,865 20,375 Roads & 41,981 43,405 18,478 Water & 16,823 Waste Bridges Water 15,750 9,249 FY09 FY10 FY11 FY12 FY13 H1-FY'14 FY09 FY10 FY11 FY12 FY13 H1-FY'14 22,279 17,124 19,319 20,181 18,454 16,315 B
Slide 6: Developer Business Profile
Developer Business Profile Project cost Life (Years) Name of subsidiary / estimated Toll / excluding % Description (Ramky’s interest) project cost Annuity Construction Completion in INR m Period Ramky Elsamex Operate and maintain a 12.63km eight lane expressway Hyderabad Ring Road 3,994 Annuity 15
Slide 7: Developer Business Profile (Contd…)
Developer Business Profile (Contd…) Project cost / Completion date Name of subsidiary estimated / Scheduled Description (Ramky’s interest) project cost in completion date INR m Ramky Pharma City (India) 5,205 Completed Project under operational stage. Limited (51%) Industrial Parks Ramky Multi Prod
Slide 8: Equity & Net Worth Details of Key Subsidiaries
Equity & Net Worth Details of Key Subsidiaries S. No. Company Equity Committed Equity Invested Net Worth 1 N.A.M Express way Limited 1167.55 1167.55 3546.15 2 Ramky Engineering and Consulting Services (FZC) 112.10 112.10 1499.24 3 Ramky Pharmacity (India) Ltd 91.80 91.80 1373.22 4 Gwalior Bypass Pro
Slide 9: Detailed Developer Business Profile (continued)
Detailed Developer Business Profile (continued) Industrial Parks Roads Focus remains on industrial parks for polluting industries Focus remains on roads with technically challenging projects in Ramky specialises in providing state-of-the-art civil infrastructure difficult terrain and industry
Slide 10: Agenda
Agenda Corporate profile Strengths and growth strategy Financial overview 9
Slide 11: Key Business Strengths
Key Business Strengths Execution efficiency Strong Diversified financial profile sector focus Independent board Pan-India & experienced presence management team Benefits of parentage 10
Slide 12: Execution Efficiency
1 Execution Efficiency Execution keeping pace with order book (INR m) Two reasons mainly contributed to increase in margins – Economies of scale 150,000 137,029 – Well established processes for execution 119,634 109,988 Man power Machinery 100,000 74,317 59,238 1,615 Full-time employees of Mai
Slide 13: Diversified Focus – Order Book
2 Diversified Focus – Order Book % order book H1 – FY14 closing order book: INR 109801 m Power 4% Irrigation Buildings Central 15% 17% 11% South Industrial WWW 41% 8% North 17% 28% Roads & Bridges West East 39% 8% 12% Central Govt. 1% Private Subsidiaries (Including 31% 31% of Subsidiaries) 41% Stat
Slide 14: Diversified Focus – Revenue
3 Diversified Focus – Revenue % revenue H1 – FY’14 Construction revenue: INR 10311 M Power Irrigation 4% 9% Industrial Central Buildings 10% South 4% 21% 37% North WWW 32% 16% Roads & Bridges 46% West East 9% 12% Central Govt. 7% Private Subsidiaries (Including 32% 32% of Subsidiaries) 42% State Gov
Slide 15: Benefits Of Parentage
4 Benefits Of Parentage Ramky is the flagship company of Ramky Group Ramky Group is a multidisciplinary organization focused in the areas of Civil, Environmental & Waste Management infrastructure with specific emphasis on 'Public Private Partnership' projects Operational since 1994 with over 1
Slide 16: Independent Board & Experienced Management Team
Independent Board & Experienced 5 Management Team Ramky Board of Directors 28 years of experience in the field of environmental services, civil works, biomedical waste and hazardous waste management Worked for various water, waste water and engineering projects, notably with Gannon Dunkerly & Co
Slide 17: Strong Financial Profile
8 Strong Financial Profile Income (INR m) and EBITDA margin Networth (INRm) & ROE 10,270 9,671 10.2% 10.8% 30,943 30,386 8,921 9,117 21.1% 27,305 24.4% 5.5% 11.6% 11.0% 9.9% 17.1% 4.5% 15.0% 18,613 5.8% 13.0% 4.6% 14,304 2.0% 4,262 10,310 3,204 6.0% -6.1% -11.2% FY09 FY10 FY11 FY12 FY13 H1-FY'14 FY0
Slide 18: Growth Strategy
Growth Strategy Construction business Developer business Continue to focus on Water and Waste Water projects Continue to build on the expertise gained in polluting and through leadership in technology and design industries parks Leverage our execution capabilities and move into Leverage on Water and
Slide 19: Key Investment Highlights
Key Investment Highlights Construction expenditure is expected to approximately double to INR 18,443 bn during 2011- Infrastructure sector 12 to 2015-16 period versus INR 9,458 bn during the 2006-07 to 2010-11 period Large addressable opportunity Between FY2012 and FY2016, government spending on
Slide 20: Agenda
Agenda Corporate profile Strengths and growth strategy Financial overview 19
Slide 21: Key Financials – P&L
Key Financials – P&L Standalone financials INR (Millions) FY 09 FY 10 FY 11 FY 12 FY 13 H1 – FY’14 Revenue ** 14304 18613 27305 30,943 30386 10310 Growth rate 38.98% 30.12% 46.70% 13.32% -1.80% -32.14% EBITDA 1462 2016 2999 3602 3022 (633) EBITDA margin 10.22% 10.83% 10.98% 11.64% 9.95% -6.14% PBT 8
Slide 22: Key Financials – Balance Sheet
Key Financials – Balance Sheet Particulars Standalone Consolidated H1 – H1 – INR (Millions) FY09 FY10 FY11 FY12 FY13 FY09 FY10 FY11 FY12 FY13 FY’14 FY’14 Net worth 3204 4262 8921 9671 10270 9117 4261 5549 10647 12582 15366 15314 Minority Interest -- -- -- -- -- -- 867 1480 1716 1875 2147 2213 EPS 13
Slide 23: Shareholding Pattern
Shareholding Pattern Our investors Shareholding pattern as on 30th September 2013 Category # of shares % Promoter group(A) 38,756,152 67.76 Institutions(B) Mutual Funds/UTI 1,530,624 Financial Institutions/Banks 626,863 FIIs 257,440 Venture Capital Funds 289,356 Sub total(B) 2,704,283 4.73 Non-Insti
Slide 24: Thank you!
* \ . PASC: GROUP Towards sustainable growth Ce Thank you!