Gayatri Projects Limited · NSE:GAYAPROJ
Gayatri Projects — H1 FY16 Earnings Presentation
29 slides from Gayatri Projects's earnings presentation, November 2015
Slide 1: Cover letter to stock exchanges
O GAYATRI Date: 17" November, 2015 To, To, The General Manager, The Listing Department, The Department of Corporate Relationship, National Steck Exchange of India Ltd The Bombay Stock Exchange Limited., 5" Floor, Exchange Plaza 25" Floor, Phiroz Jeejeebhoy Towers, Plat No.C/1, G Block Dalal Street,
Slide 2: Q2 & H1 FY16 Results Presentation
Q2 & H1 FY16 Results Presentation November, 2015 GAYATR |
Slide 3: Disclaimer
Disclaimer NGY, Some of the statements in this presentation that are not historical facts are forward looking statements. These forward-looking statements include our financial and growth projections as well as statements concerning our plans, strategies, intentions and beliefs concerning our busine
Slide 4: Index
Index NCY) Financial Highlights —Q2 & H1 FY16 Order Book ) Recent Business Developments ) :) Project Update a Asset-holding Subsidiaries / Outiook ) About Us)
Slide 5: Financial Highlights — Q2 & H1 FY16
NC) Financial Highlights — Q2 & H1 FY16 Order Book Recent Business Developments Project Update lt NF Asset-holding Subsidiaries f Outloo Mle About Us ee
Slide 6: H1 FY16 Financial Performance — At a Glance
H1 FY16 Financial Performance — At a Glance _Revewe est EBITDA zios. {| +8% PAT st ee ORDER BOOK* ~<10,380.
Slide 7: Q2 & H1 FY16 Highlights
Q2 & H1 FY16 Highlights Noy) maQl REVENUE mQ2 722 317 FY15 FY16 PAT 18 7 3 am FY15 FY16 Figs. In crore EBITDA 108 100 50 > FY15 FY16 Revenue growth of 11% for the half year on account of faster execution of projects, Q2 negatively impacted by seasonal factors Marginal decline in operating margins to
Slide 8: M.D.'s Comments
M.D.’s Comments NGY, Commenting on the results, Mr. Sandeep Kumar Reddy, Managing Director, Gayatri Projects Limited said “Over the last 6 months we have seen significant improvement in operating environment for government led construction business. Macro tailwind, improved balance-sheet and new bus
Slide 9: Order Book
NC) Financial Highlights —Q2 & H1 Fis ) Order Book Recent Business Developments Project Updates ) Asset-holding Subsidiaries f Outiook About Us)
Slide 10: Order Book Update
Q Order Book Update NGY Order Book - Details Q2 saw biggest order book accretion in company's history - Rs. 4,393cr - driving total unexecuted order- book to Rs.10,380 cr oa 5 Road EPC orders from NHAI adding to Rs. 3,995cr : der Book — Break U 0 Significant new foray into Underground Mining Service
Slide 11: Recent Business Developments
NC) Financial Highlights —Q2 & H1 Fis ) Order Book ) Project Updates ) Asset-holding Subsidiaries f Outiook About Us)
Slide 12: Recent Business Developments
Recent Business Developments Noy) Multiple order wins from NHAI worth Rs. 3,995 crore Entering Newer Segments: Under- ground Mining Services TPCIL 1,320 MW Thermal Powertech comes online
Slide 13: Construction Business
Construction Business NGY, Q Bagged multiple NHAI orders worth Rs. 3,995 crore fe} Order amounting to Rs. 741 crore for 4 — laning of Ghaghra Bridge to Varanasi section of NH -233 from Km 180.420 to Km 240.340 in the State of Uttar Pradesh under NHDP Phase — IV on EPC mode Order amounting to Rs. 785
Slide 14: Foray in Under-ground Mining Services
Foray in Under-ground Mining Services \& Q Significant growth potential for under-ground mining in India o Government's 2020 target for 1bn mtpa coal extraction by CIL includes 100mtpa for under-ground mining (vs. current levels of just 37mtpa) Q Growth likely to be driven by large scale private par
Slide 15: Power Generation Business
© oO°o Power Generation Business NGY, TPCIL's 1320 MW thermal power plant comes online following successful commissioning of phase II Plant ramping up very well - 79% PLF in 2Q and running in excess of 82% PLF during the current quarter On track for commissioning phase | of NCCPPL power project by M
Slide 16: Project Updates
NC) Financial Highlights —Q2 & H1 Fis ) Order Book ) Recent Business Developments ) Project Updates Asset-holding Subsidiaries Outlook About Us)
Slide 17: TPCIL's 1,320 MW comes online
TPCIL’s 1,320 MW comes online NGY) Q unit 1 (660 mw) Fully operational since May, 2015 Consistently operated at PLFs in excess of 90% since May, 2015 Q unit 2 (660 Mw) . Commenced commercial production in 2nd week on Sept, 2015 Currently going through stabilization phase Q Production Update The plan
Slide 18: NCCPPL — On Track
NCCPPL — On Track XG Project Description 1,320 MW Thermal Power Plant Q Work progressing on schedule, on track for commissioning phase | of the project by March 2015 Q 1,320 MW Thermal based project being developed using super critical technology Q Phase Il is on target for commissioning with in 3-4
Slide 19: Asset-holding Subsidiaries
NC) Financial Highlights —Q2 & H1 FY16 Order Book ) Recent Business Developments ) :) Project Update f Outiook About Us)
Slide 20: Development of Road Assets
Development of Road Assets NCY) Portfolio Summary Q Gayatri Infra Ventures Ltd, a Concession subsidiary of Gayatri Projects Period (Years) Ltd dedicated towards Annuity Based Projects Gayatri Jhansi Roadways Limited Pcc development of road assets GIRL) Obtained 51% Jun 2010 20 50.0 Q Incorporated in
Slide 21: Development of Power Assets
Development of Power Assets NGY Portfolio Summa Q Incorporated in 2008, Gayatri Energy Ventures Ltd is a wholly owned subsidiary of Gayatri Projects ltd, dedicated towards developing Power Assets Capacity 1,320 Mw (2x660 Mw) 1,320 Mw (2x660 Mw) location Near Krishnapatnam port, Near Krishnapatnam po
Slide 22: Outlook
NC) Financial Highlights —Q2 & H1 FY16 Order Book ) Recent Business Developments ) :) Project Update Asset-holding Subsidiaries ) About Us)
Slide 23: Outlook
Outlook Government’s efforts towards reviving investment climate by stepping up infrastructure spend to ensure tender activities remain strong in the near future Focusing on improving project execution — efficiency. Government's decision to triple spending on road & Highways should keep the order si
Slide 24: About Us
NC) Financial Highlights —Q2 & H1 FY16 Order Book ) Recent Business Developments ) :) Project Update Asset-holding Subsidiaries Outlook
Slide 25: About Us
About Us Q Gayatri Projects Limited (Parent Company) core construction Company Q Dedicated subsidiaries to focus on Road and Power segment Development of Road Assets: o GIVL, dedicated towards development of road assets GPL’s owns 70%; AMP Capital: 30% Current Portfolio: 8 road projects Annuity base
Slide 26: Gayatri Projects — Construction arm
Gayatri Projects — Construction arm NGY Core Construction Company with a Pan India Presence Rich DNA of almost 50 years’ experience in Project execution Strong order book of $10,380 cr (approx.) as on Sep 15 Client list includes several leading names including NHAI, AAI, Nalco, Tata Steel, Reliance
Slide 27: Financial Performance at a Glance
Financial Performance at a Glance... NGY) Figs. In crore Sales EBITDA 300 2,022 266 1,813 1,601 208 FY13 FY14 FY15 FY13 FY14 FY15 PAT 63 48 22 | FY13 FY14 FY15
Slide 28: For further information please contact
& For further information please contact: K.G. Naidu (Vice President-Finance) Gavin Desa / Suraj Digawalekar Gayatri Projects Limited CDR India Tel: +91 40 23310330/23314284/4296 Tel: +91 22 66451237 / 66451235 Email: kgnaidu@gayatri.co.in Fax: +91 22 66451213 Email: gavin@cdr-india.com / suraj@cdr-
Slide 29: Share Price / Overview
Share Price 2687 GAYATRI Overview Gayatri Projects Limited is a well-established EPC contractor with more than 50 years of experience in construction of Roads, Irrigation, industrial & Power Transmission projects across India. It separately owns Power Generation Assets and BOT Road Assets through 2