Slide 1: Exchange submission letter for investor presentation
KNR Constructions Limited. Date: 14th August 2023 Ref: KNRCL/SD/2023/603&604 To, To, The Manager The Manager, BSE Limited, National Stock Exchange of India Limited, P J Towers, Dalal Street, Exchange Plaza, Bandra Kurla Complex, Fort, Mumbai – 400001 Bandra (E), Mumbai – 400051. Scrip code: 532942 S
Slide 2: Investor Presentation August 2023
Investor Presentation KNR Constructions Limited August Partnering India’s 2023 Growth Story
Slide 3: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by KNR Constructions 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 secu
Slide 4: Key Highlights & Result Update
Key Highlights & Result Update
Slide 5: Key Highlights
Key Highlights ❑ Signing of Concession Agreement for KNR Kaveri Infra Private Limited (Mysore to Kushalnagara Section of NH- 275 – Package IV) ✓ Concession Agreement signed on 28th June 2023 ✓ Letter of Award was issued on 10th March 2023 ✓ Total Bid Project Cost of Rs. 6,500 million ❑ Signing of Co
Slide 6: Standalone Financial Highlights Quarter 1
Standalone Financial Highlights Rs. Million Revenue EBITDA EBITDA Margins PAT +4% +5% +10 bps +9% 9,296 1,732 18.5% 18.6% 1,103 8,906 1,650 1,008 Quarter 1 Q1 FY23 Q1 FY24 Q1 FY23 Q1 FY24 Q1 FY23 Q1 FY24 Q1 FY23 Q1 FY24 5
Slide 7: Standalone Financial Results
Standalone Financial Results Standalone Rs. Million Q1 FY24 Q1 FY23 YoY Q4 FY23 QoQ Total Revenue 9,295.8 8,905.9 4% 11,755.8 -21% Operating Expenses 6,553.9 6,390.6 8,175.2 Employees Expenses 392.7 385.8 410.2 Other Expenditure 616.8 479.8 1,051.1 EBITDA 1,732.4 1,649.7 5% 2,119.3 -18% EBITDA margi
Slide 8: Consolidated Financial Results
Consolidated Financial Results Consolidated Rs. Million Q1 FY24 Q1 FY23 YoY Q4 FY23 QoQ Total Revenue 9,810.1 9,804.5 0% 12,453.3 -21% Operating Expenses 6,574.2 6,413.8 8,484.4 Employees Expenses 394.2 398.0 411.9 Other Expenditure 684.5 880.1 1,097.3 EBITDA 2,157.2 2,112.6 2% 2,459.7 -12% EBITDA m
Slide 9: Standalone Net Working Capital Days
Standalone Net Working Capital Days 82 79 67 62 69 63 52 48 53 53 55 57 52 52 40 49 43 41 36 45 28 26 23 25 25 23 18 20 19 20 20 20 16 16 15 15 15 17 16 13 14 14 7 98 10 66 45 64 51 74 53 39 12 45 40 78 117 95 96 86 Mar-10 Mar-11 Mar-12 Mar-13 Mar-14 Mar-15 Mar-16 Mar-17 Mar-18 Mar-19 Mar-20 Mar-21
Slide 10: Business Overview
Business Overview
Slide 11: Business Overview
Business Overview ❑ One of the leading companies providing Engineering, Procurement and Construction (EPC) services ▪ Major Projects in Roads & Highways – one of the fast-growing sectors ▪ Established presence in Irrigation and Urban Water Infrastructure Management Vision ❑ 25+ years of experience o
Slide 12: Transformation
Transformation Bagged 1st BOT Project in Bagged an EPC Project worth Incorporated & Karnataka worth Rs. 4,420 mn; Bagged 2nd BOT project IPO & Listed on Rs. 9,371 mn for Madurai – 1995 Commenced EPC 2006 Entry into Urban water 2007 worth Rs.5,920mn in 2008 BSE and NSE 2013 Ramanathapuram Section of
Slide 13: Top Management
Top Management Mr. K. Narasimha Reddy – Mr. K. Jalandhar Reddy – Founder Promoter & Managing Director Promoter & Executive Director ▪ Over 50 years of experience in the Highway sector ▪ Over 25 years of experience in the Highway and ▪ Started career in 1968 and engaged in the business of infrastruct
Slide 14: Supported by Professional Team
Supported by Professional Team ▪ A Bachelor of Engineering (BE) from MITS Gwalior (MP) with Over 40 years of total experience with ~20 years of Mr. T.L. Verma experience in Highway sector (Sr. Vice President - Projects) ▪ Working with the company since 2006 on various projects i.e. Bridges and Highw
Slide 15: Key Business Strengths
Key Business Strengths
Slide 16: 1. Project Execution Capabilities
1. Project Execution Capabilities ❑ Top management’s active involvement at all stages of Project execution ▪ Selection of Major Raw Material ▪ Selection of construction Camp location ❑ Faster Decision making to ensure project completion on schedule ❑ Received Bonus for completion of construction ahe
Slide 17: Pan India Project Execution Capability
Pan India Project Execution Capability* Sr. No. State No. of Projects Project Value (Rs. Mn) 1 Tamil Nadu 12 36,530 2 Karnataka 13 17,149 Arunachal Haryana Pradesh 3 Kerala 2 17,068 Assam 4 AP & Telangana 27 13,099 Uttar Pradesh 5 Madhya Pradesh 5 5,189 Gujarat 6 Uttar Pradesh 10 4,549 Madhya Prades
Slide 18: Project Execution Highlights
Project Execution Highlights Cement Concrete Road ▪ Completed Widening to 4/6 lanes and Strengthening of Existing two-lane carriageway of NH – 5 in the State of Orissa for a length of 56.0 Kms with total contract value of work is Rs 2,310 mn ▪ Existing road was widened & strengthened with flexible p
Slide 19: 2. In-house Construction Equipment
2. In-house Construction Equipment Sr. No. Machinery Quantity Sr. No. Machinery Quantity 1 Tippers & Tankers 1310 15 Tractors 47 2 Excavators 399 16 Crushers 32 3 Generators 276 17 Transformers 32 4 Concrete Mixers And Pumps 202 18 Trailers 31 5 Compactors 138 19 Dozers 28 6 Drillers & Breakers 106
Slide 20: 3. In-house Execution Team
3. In-house Execution Team 5% Total Employees* Project Engineering 2,294 28% Site Supervision 36% Site Engineers 8% Equipment Operators Admin & Office Staff 24% IN-HOUSE TEAM OF QUALIFIED AND EXPERIENCED EMPLOYEES LED BY PROVEN MANAGEMENT TEAM * as on June 30, 2023 19
Slide 21: 4. Host of Marque Clients
4. Host of Marque Clients National Andhra Pradesh Ministry of Hyderabad Karnataka Karnataka Road Highways Road Development Road Transport Growth State Highway Development Authority of Corporation & Highways Corridor Improvement Corporation India (NHAI) (APRDC) (MoRTH) Limited (HGCL) Project (KSHIP)
Slide 22: BOT Portfolio
BOT Portfolio
Slide 23: BOT Portfolio – Annuity Projects
BOT Portfolio – Annuity Projects Particulars Patel KNR Infrastructures limited (PKIL) Patel KNR Heavy Infrastructures Limited (PKHIL) Stake 40% 40% Project Type Road-Annuity Road-Annuity Project Details State Karnataka Telangana JV Partner PEL PEIL Client NHAI NHAI Length (KM) 60.0 53.0 Concession S
Slide 24: BOT Portfolio – Toll Project
BOT Portfolio – Toll Project Particulars KNR Muzaffarpur Barauni Tollway Private Limited Stake 51% Project Type Road-Toll Project Details State Bihar JV Partner JKM Infra Project Ltd Client NHAI No of Lanes Two Length(KM) 108 Concession Start Date 8th July 2012 Concession Period 21 Years Terms Sched
Slide 25: HAM Portfolio
HAM Portfolio Magadi - Oddanchatram - Ramanattukara - Valanchery - Particulars Chittor -Thatchur Somwarpet Madathukulam Valanchery Kappirikkad KNR Somwarpet Infra KNR Palani Infra KNR Ramanattukara Infra KNR Guruvayur Infra Pvt. KNR Ramagiri Infra Pvt. SPV Name Pvt. Ltd. Pvt. Ltd. Pvt. Ltd. Ltd. Ltd
Slide 26: Order Book & Business Strategy
Order Book & Business Strategy
Slide 27: Order-book Highlights
Order-book Highlights Key Projects Rs. Mn Order Book Break-up Ramanattukara to Valanchery bypass project (HAM) 10,428 Valanchery Bypass to Kappirikkad project (HAM) 9,244 38% 47% 53% 11% Development of Six lane Chittoor-Thatchur Highway 6,817 (HAM) 4% Bangalore-Mangalore Project (Periya Shanthi to B
Slide 28: Order-book: State-wise
Order-book: State-wise Karnataka No of Projects 4 Balance Value Rs. 9,735 mn AP & Telangana No of Projects 15 Kerala Balance Value Rs. 24,990 mn No of Projects 2 Balance Value Rs. 19,672 mn Tamil Nadu No of Projects 5 Balance Value Rs. 8,256 mn Disclaimer: Maps not to scale. All data, information, a
Slide 29: Recently Won Projects
Recently Won Projects Rs. million Rs. Million 17,800 80,453 New Projects (Excluding GST) Development of six lane access controlled Greenfield Highway from Marripudi (ch. 285+500) to Somvarappadu (ch. 314+600) of [NH-544G] Bengaluru-Vijayawada economic corridor on HAM Mode under 5,800* Bharatmala Par
Slide 30: Orderbook Breakup - Rs. 80,453 Mn
Orderbook Breakup - Rs. 80,453 Mn Order Book Break-up 30% 59% 41% 9% 2% Captive (HAM Projects) State Govt. Central Govt. Others Segment Wise Split Region Wise Split Roads (Others) 21% Irrigation 20% South 100% Roads (HAM) 59% 29
Slide 31: Business Strategy
Business Strategy Focus on Projects involving Higher degree of engineering skills 03 Focus on securing EPC Continuously explores contracts from reputed growth opportunities by Clients and forming strategic Joint Concessionaire Ventures (JVs) 02 04 Capitalise on Opportunity Execute all the projects o
Slide 32: Financial Highlights
Financial Highlights
Slide 33: Standalone Financial Highlights
Standalone Financial Highlights Financial 2010* 2011* 2012* 2013* 2014* 2015* 2016^ 2017^ 2018^ 2019^ 2020^ 2021^ 2022^ 2023^ Year Rs. 7,125 Rs. 7,930 Rs. 7,505 Rs. 6,921 Rs. 8,348 Rs. 8,761 Rs. 9,025 Rs. 15,411 Rs. 19,317 Rs.21,373 Rs. 22,442 Rs. 27,026 Rs. 32,726 Rs. 37,438 Turnover $118.6 $132.0
Slide 34: Standalone Financial Results
Standalone Financial Results Rs. Million FY23 FY22 YoY Total Revenue 37,437.9 32,726.0 14% Operating Expenses 25,795.4 21,972.1 Employees Expenses 1,709.9 1,447.7 Other Expenditure 2,715.4 2,528.8 EBITDA 7,217.2 6,777.4 6% EBITDA margin 19.3% 20.7% Other Income 320.9 416.8 Depreciation 1,474.3 1,345
Slide 35: Standalone Balance Sheet
Standalone Balance Sheet ASSETS (Rs. Million) Mar-23 Mar-22 EQUITY & LIABILITIES (Rs. Million) Mar-23 Mar-22 Non-Current Assets Equity Property, plant and equipment 4,084.1 4,143.9 Capital work-in-progress 25.1 206.2 Equity Share capital 562.5 562.5 Right of Use Asset 69.2 93.1 Other equity 26,780.3
Slide 36: Consolidated Financial Results
Consolidated Financial Results Rs. Million FY23 FY22 YoY Total Revenue 40,623.6 36,058.3 13% Operating Expenses 26,320.1 22,265.7 Employees Expenses 1,742.1 1,460.5 Other Expenditure 3,388.3 4,345.5 EBITDA 9,173.1 7,986.6 15% EBITDA margin 22.6% 22.1% Other Income 366.8 448.7 Depreciation 1,807.0 1,
Slide 37: Consolidated Balance Sheet
Consolidated Balance Sheet ASSETS (Rs. Million) Mar-23 Mar-22 EQUITY & LIABILITIES (Rs. Million) Mar-23 Mar-22 Non-Current Assets Equity Property, plant and equipment 4,480.3 4,579.5 Equity Share capital 562.5 562.5 Capital work-in-progress 25.1 206.2 Instruments entirely equity in nature 85.0 85.0
Slide 38: Cash Flow Statement
Cash Flow Statement Standalone Consolidated Particulars (Rs. Million) Year ended 31-Mar- Year ended 31-Mar- Year ended 31-Mar- Year ended 31-Mar- 23 22 23 22 Net Profit Before Tax 7,050.7 5,787.9 6,812.5 5,633.8 Adjustments for: Non-Cash Items / Other Investment or Financial Items 430.1 1,130.0 995.
Slide 39: Standalone Financial Highlights
Standalone Financial Highlights Revenue & EBITDA (Margin %) EBITDA 15.7% 17.1% 17.8% 16.8% 15.1% 14.4% 16.9% 14.9% 19.9% 20.0% 21.7% 19.8% 20.7% 19.3% Margin (%) 37,438 32,726 27,026 21,373 22,442 19,317 15,411 EBITDA 7,125 7,930 7,505 6,921 8,348 8,761 9,026 6,777 7,217 Revenue 3,839 4,270 4,871 5,
Slide 40: Shareholding Pattern as on 30th June 2023
Shareholding Pattern as on 30th June 2023 Shareholders Holding more than 1% of the Equity % to Equity (Other than Promoters) 9.27% HDFC Mutual Fund 6.60% DSP Mutual Fund 6.31% ICICI Prudential Mutual Fund 2.90% SBI Mutual Fund 2.76% HSBC Mutual Fund 2.04% 33.66% 51.09% Invesco Mutual Fund 1.98% Fran
Slide 41: For further information, please contact
For further information, please contact Company : Investor Relations Advisors : KNR Constructions Ltd. Strategic Growth Advisors Pvt. Ltd. CIN: L74210TG1995PLC130199 CIN: U74140MH2010PTC204285 Mr. K. Venkata Ram Rao Mr. Jigar Kavaiya / Ms. Devika Shah (GM - Finance & Accounts) +91-9920602034 / +91-9