Ramky Infrastructure Limited · NSE:RAMKY
Ramky Infrastructure — H1 FY2013 Earnings Presentation
27 slides from Ramky Infrastructure's earnings presentation, November 2012
Slide 1: Ramky Infrastructure Limited Company Presentation
Ramky Infrastructure Limited Company Presentation November 2012
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 business Construction D
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 service reservoirs, sewage treatment plants, Water & Waste common effluent treatment plant, tertiary treatment Water 137,029 132,248 p
Slide 5: Detailed Construction Business Profile (continued)
Detailed Construction Business Profile (continued) Qualified to execute expressways, highways, Closing order book (INR m) bridges, flyovers and dedicated service corridors Maximize efficiency through seamless 70,000 59,868 56,447 synchronization of supply chain, logistics, operation and executio
Slide 6: Detailed Construction Business Profile (continued)
Detailed Construction Business Profile (continued) Core competency and area of continued focus going Closing order book (INR m) forward Undertake projects on both composite and several basis with scope including, design, engineering, construction, operation & maintenance solutions to 30,000 mana
Slide 7: Developer Business Profile
Developer Business Profile Project cost / Completion date Name of subsidiary estimated / Scheduled Description (Ramky’s interest) project cost in completion date INR m Ramky Elsamex Hyderabad Operate and maintain a 12.63km eight lane expressway as Outer Ring 3,994 Completed Ring Road Limited (74%)
Slide 8: 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%) Ramky Multi Product industrial A
Slide 9: Net Worth Details of Key Subsidiaries
Net Worth Details of Key Subsidiaries Net Worth (INR m) S. No. Company 30th September 2012 1 MDDA Ramky IS Bus Terminal Ltd 108.90 2 Gwalior Bypass Project Ltd 923.62 3 Ramky Elsamex Hyderabad Ring Road Ltd 423.81 4 Srinagar Banihal Expressway Ltd. 3.65 5 Sehore Kosmi Tollways Limited 9.42 6 Hospet
Slide 10: 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 11: Agenda
Agenda Corporate profile Strengths and growth strategy Financial overview 10
Slide 12: 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 11
Slide 13: Execution Efficiency
1 Execution Efficiency Execution keeping pace with order book (INR m) Two reasons mainly contributed to increase in margins – Economies of scale 150,000 132,249 – Well established processes for execution 109,988 Man power Machinery 100,000 74,317 2,739 full-time employees of Maintain a lean as
Slide 14: Diversified Focus – Order Book
2 Diversified Focus – Order Book % order book H1 FY13 Value of order book: INR 132248 m West 10% Central 8% Power Irrigation Buildings International South 0% Industrial 5% 13% 17% 38% 7% WWW East Zone 15% 18% Roads & North Bridges 27% 43% Central Government 3% Subsidiaries Private 35% 41% (Including
Slide 15: Diversified Focus – Revenue
3 Diversified Focus – Revenue % revenue H1 FY 13 Construction revenue: INR 12826 M Irrigation Power 8% International Central 7% 4% 7% Buildings 15% West East Industrial WWW 14% 14% 15% 17% North Roads & South 22% Bridges 38% 40% Private Central 40% Government (Including 9% Subsidaries 27% of 27% Sub
Slide 16: Sectorial Wise New Orders – Since 2008
4 Sectorial Wise New Orders – Since 2008 New orders bagged since 2008 in INR Millions 70000 60966 58881 60000 50000 39940 35412 34220 40000 32417 27886 30000 14059 13660 13230 20000 11737 10915 9509 9174 9072 8901 8641 7263 6981 6289 5820 5745 5383 5335 4999 4255 10000 3672 3156 2588 2545 2224 2166
Slide 17: Geography Wise New Orders – Since 2008
5 Geography Wise New Orders – Since 2008 70000 New orders bagged since 2008 in INR Millions 60966 58881 60000 50000 39940 35412 34220 40000 25388 25057 30000 22335 20309 17700 16208 20000 11702 11286 10036 8641 8612 7325 6902 6850 5945 5925 4989 4530 10000 3940 3358 2911 2649 2545 2517 2090 1783 155
Slide 18: Benefits Of Parentage
6 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 19: Independent Board & Experienced Management Team
Independent Board & Experienced 7 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 20: Strong Financial Profile
8 Strong Financial Profile Income (INR m) and EBITDA margin Networth (INRm) & ROE 30,943 24.4% 9,671 10,110 27,305 8,921 12.7% 20.1% 10.1% 10.2% 18,613 17.1% 11.6% 21.1% 15.0% 14,304 10.8% 11.0% 12,826 4,262 10.2% 10,292 5.8% 3,204 5.5% 2,513 5.0% 4.5% 4.6% 3.4% FY08 FY09 FY10 FY11 FY12 H1 FY13 FY08
Slide 21: 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 22: 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 23: Agenda
Agenda Corporate profile Strengths and growth strategy Financial overview 22
Slide 24: Key Financials – P&L
Key Financials – P&L Standalone financials INR (Millions) FY 08 FY 09 FY 10 FY 11 FY 12 H1 FY 13 Revenue ** 10292 14304 18613 27305 30,943 12826 Growth rate 44.73% 38.98% 30.12% 46.70% 13.32% 8.28% EBITDA 1039 1462 2016 2999 3602 1633 EBITDA margin 10.10% 10.22% 10.83% 10.98% 11.64% 12.73% PBT 702 8
Slide 25: Key Financials – Balance Sheet
Key Financials – Balance Sheet Particulars Standalone Consolidated INR (Millions) FY08 FY09 FY10 FY11 FY08 FY09 FY10 FY11 FY12 H1FY13 FY12 H1FY13 Net worth 2513 3204 4262 8921 9671 10110 2553 4261 5549 10647 12582 13868 Minority Interest -- -- -- -- -- -- 665 867 1480 1716 1875 2017 EPS 10.26 13.04
Slide 26: Share Holding Pattern
Share Holding Pattern Our investors Share Holding pattern as on 30th September 2012 Category # of shares % Promoter group(A) 38,756,152 67.76 Institutions(B) Mutual Funds/UTI 2,435,187 Financial Institutions/Banks 626,863 FIIs 462,931 Venture Capital Funds 289,356 Sub total(B) 3,814,337 6.67 Non-Ins
Slide 27: Thank you!
* \ a BANS GROUP Towards sustainable growth Ce Thank you!
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