Supreme Infrastructure India Limited · NSE:SUPREMEINF
Supreme Infrastructure India — Q3 FY2014 Earnings Presentation
19 slides from Supreme Infrastructure India's earnings presentation, February 2014
Slide 1: Third Quarter FY13-14 Results Investor Update
SUPREME INFRASTRUCTURE INDIA LTD. Third Quarter FY13‐14 Results Investor Update, February– 2014
Slide 2: Discussion Outline
Discussion Outline Result Highlights Q3 FY14 Results ‐ Financial snapshot Order book analysis Major on‐going projects BOT portfolio Update Annexure 2013 Supreme Infrastructure India Ltd.
Slide 3: Q3 FY14 – Result Highlights
Q3 FY14 – Result Highlights EPC STANDALONE HIGHLIGHTS ‐ INCOME (Rs. Mn) EBIDTA (Rs. Mn) PAT (Rs. Mn) 7000 1100 450 6062.5 861.0 321.0 1000 400 6000 65.2% 94.6% 900 350 5000 800 300 265.2% 700 250 4000 600 3115.5 521.2 200 500 3000 150 400 87.9 100 2000 300 50 200 1000 100 0 Q2 FY14 Q3 FY14 Q2 FY14 Q
Slide 4: Q3 FY14 – Result – Financials
Q3 FY14 – Result ‐ Financials Particulars Q3 FY14 Q3 FY13 YoY % Q2 FY14 QoQ % Income 6062.5 5502.9 10.2% 3115.5 94.6% Expenditure 5201.5 4552.9 14.2% 2594.3 100.5% EBITDA 861.0 950.0 ‐9.4% 521.2 65.2% EBITDA% 14.2% 17.2% 16.7% Depreciation 88.5 89.5 ‐1.1% 90.7 ‐2.4% PBIT 781.6 873.5 ‐10.5% 430.5 81.
Slide 5: Q3 FY14 – Result – Update
Q3 FY14 – Result ‐ Update • Revenue have increased by 10.2% from Rs. 5,502.9 mn in Q3 FY13 to Rs.6062.5 mn in Q3 FY14 on a YoY basis and increased by 94.6% from Rs. 3,115.5 mn in Q2 FY14 to Rs.6,062.5 mn in Q3 FY14 on a QoQ basis. • Revenue in the current quarter increased due to substantial work ca
Slide 6: Order book – 31st December, 2013
Order book – 31st December, 2013 Q3 FY14 Segmental Breakup Q3 FY14 Value of Order Book Confirmed L1 Total Order order additions Bridges additions BOT Projects 4% BOT Projects 15,155 ‐ ‐ ‐ 23% 15,155 Building 47% Roads Cash Contract 4,912 ‐ 4,912 2 795 Bridges 2,466 ‐ 2,466 ‐ ‐ Roads Cash Railways 1,
Slide 7: Order book Analysis
Order book Analysis Geographical Breakup BOT vs. EPC Orders East India 16% BOT 26% North India 48% West India 35% EPC 74% Confirmed Vs. L1 Orders Govt. Vs. Non Govt. Orders L1 Orders Non 12% Governme nt 24% Confirmed Governme Orders nt 88% 76% 7 2013 Supreme Infrastructure India Ltd.
Slide 8: BOT Portfolio - Growth Strategy
BOT Portfolio ‐ Growth Strategy • Strategy to be EPC focussed – SIIL is an EPC focused infrastructure company. The company would look to securitize the BOT portfolio as and when required to manage its debt levels. SIIL has demonstrated the same by selling 49% stake in 3 BOT projects to 3i infrastruc
Slide 9: BOT Portfolio Dec-13: Operational
BOT Portfolio Dec‐13 : OPERATIONAL Particulars MWB NK PNM VB KB Project Cost 5,540 2,340 930 2,140 3,014 Equity Stake 74% 51% 100% 100% 10% 3i stake ‐ 49% ‐ ‐ ‐ Economic Interest 100% 100% 100% 100% 10% Sanctioned Debt 3,942 1,750 650 1,540 ‐ Debt outstanding 3,450 1,540 630 1,540 ‐ Supreme Equity (
Slide 10: BOT Toll Collection Update – Operational Projects
BOT Toll Collection Update – Operational Projects Total Toll Collected Avg. Daily Toll Collected Q3 FY14 Q2 FY14 % Change QoQ Q3 FY14 Q2 FY14 % Change QoQ MWB 148 152 ‐2.6% 1.60 1.65 ‐3.0% NK 112 109 2.8% 1.2 1.2 0.0% PNM 31 31 0.0% 0.3 0.3 0.0% VB 84 83 1.2% 0.9 0.9 0.0% Total 375 375 4.0 4.0 2 400
Slide 11: BOT Portfolio Dec-13: Under Construction
BOT Portfolio Dec‐13 : Under Construction Particulars PI JRR AKT SS HM KM Project Cost 12,060 10,450 5,400 3,300 800 1,080 Equity Stake 64% 50% 51% 46% 98% 74% 3i Stake ‐ ‐ 49% 44% ‐ ‐ Economic Interest 90% 50% 100% 90% 100 % 74% Sanctioned Debt 9,000 7,900 4,050 2,475 500 800 Debt outstanding 4,530
Slide 12: Annexure
Annexure 2013 Supreme Infrastructure India Ltd.
Slide 13: Group and Shareholding Structure
Group and Shareholding Structure Public & Others Promoters Institutions BOT PORTFOLIO SNAPSHOT 22.8% 57.9% 19.3% 1. BOT Portfolio of 10 BOT Projects – Currently 5 projects operational – Supreme Infrastructure India Kasheli Bridge, Kopargaon Ahmednagar, Ltd. Patiala Nabha Malerkotla, Vasai Bhiwandi a
Slide 14: About Us - Shareholding as at 31st Dec, 2013
About Us ‐ Shareholding as at 31st Dec, 2013 Category Dec‐13 Sept‐13 Jun‐13 Promoters 54.97% 57.90% 57.81% Public FII 13.25% 12.93% 12.77% 30.50% DII 1.28% 6.39% 6.47% DII Promoters 1.28% 54.97% Public 30.50% 22.78% 22.95% FII Total 100% 100% 100% 13.25% Equity Capital (no. of shares) 20.09mn 16.74m
Slide 15: Supreme Infrastructure - Key Differentiators
Supreme Infrastructure ‐ Key Differentiators Margin • Above‐industry EBIDTA margin at 15‐16% due to backward integrated EPC model coupled with cluster‐led execution through owned quarries, crusher plants, RMC and wet mix plants. Leadership • More than 90% of the order book in states where captive ra
Slide 16: Major Clientele
Major Clientele Airports Authority NHAI Punjab PWD of India MMRDA BMC Indian Mumbai JDA PWD MSEDCL* Railways Port Trust Ramprastha CPWD Vodafone DSIIDC Rolta * Maharashtra State Electricity Distribution Co. Ltd 16 2013 Supreme Infrastructure India Ltd.
Slide 17: Financial Summary - Standalone
Financial Summary ‐ Standalone INCOME EBITDA PAT FY09‐13 CAGR – 51% FY09‐13 CAGR – 46% FY09‐13 CAGR – 42% MARGIN ANALYSIS (%) RETURN METRICS (%)^^ All figures in Rs. Mn, unless otherwise mentioned. ^^ Based on Average Net worth, Capital Employed 17 2013 Supreme Infrastructure India Ltd.
Slide 18: Disclaimer
Disclaimer This presentation has been prepared by Supreme Infrastructure India Limited (“SIIL”) for informational purposes only and does not constitute or form any part of any offer, invitation or recommendation to purchase or subscribe for any securities. The information contained in this presentat
Slide 19: Thank You
Thank You For further details please contact : Vatsal Gupta Ammeet Sabarwal Supreme Infrastructure India Ltd. Dickenson Seagull IR Contact No: 022 61289700 Contact No : +91 9819576873 Email: vatsalg@supremeinfra.com Email : ammeet.sabarwal@dickensonir.com 19 2013 Supreme Infrastructure India Ltd.
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