Rites Ltd. · NSE:RITES
Rites — Q3 FY2018-19 Earnings Presentation
24 slides from Rites's earnings presentation, Feb 12, 2019
Slide 1: Cover letter to stock exchanges
mm (WWWW) [i771 '755 THE INFRASTRUCTURE FEW”; RITES LIMlTED (Schedule ‘A’ Enterprise of Govt. of India) No. RITES/SECY/NSE Date: February 12th, 2019 To: To: Listing Department, Corporate Relationship Department, National Stock Exchange of India Limited, BSE Limited, Rotunda Building, 'Exchange Plaza
Slide 2: RITES Limited Investor Presentation Financial Results Q3 18-19
RITES Limited ( Investor Presentation Financial Results: Q3’ | 8- | 9 Date: I2Ch February 20I9
Slide 3: Disclaimer
Disclaimer This presentation report is for distribution purpose only under such circumstances as may be permitted by applicable law. This presentation is for information purposes only without regard to specific objectives, financial situations or needs of any particular persons and does not constitu
Slide 4: Agenda
Financial Performance — Q3 & 9 Months’ I 8-l9 Order Book Outlook for FYI8— I9 Annual Financial Performance Summary — FYI 7- l 8 EEEEEEEEEEEEEEEEEEEEEEE eeeeeeeeeeeeeeeeeeeeeeeeeeee
Slide 5: 1. Financial Performance Q3 18-19
I. Financial Performance — Q3’ I8-I9
Slide 6: Financial Summary Q3 18-19
Financial Q3 18-19 S—ummary 3 in Crore Total Revenue 5-62.433-94. 4| +42 6%t l-402. l-O 33 I5 +38.2%1 5 I I.35 359.64 |254.65 890.33 op. Revenue +42.2%f +4o.9%1 EBITDA I83.77 |70.28 +79% 496 386.76 1 +28.2%1 pBT I75.50 |62.7| +19% 472.27 363.72 1 +29.8%t I I7.47 |06.57 + I 3 |2.83 254.25 PAT 02%1 +2
Slide 7: Revenue for Q3 18-19 (Standalone)
Revenue for Q3 18-19 (Standalone) 3 in Crore OPERATIONAL REVENUE TOTAL REVENUE 511.4 562.4 394.4 Q3‘I8 Q3‘I9 - Q3‘I8 - Q3‘I9 EEEEEEEEEEEEEEEEEEEEE nnnnnnnnnnnnnnnnnnnnnnnnnnnn
Slide 8: Strong Earnings Q3 18-19 (Standalone)
Strong Earnings Q3 18-19 (Standalone) 3 in Crore 117.5 106.6 - M Q3‘I8 Q3‘I9 Q3‘I8 Q3‘I9 Profit after Tax has grown by |0.2% with healthy margin of 2|%
Slide 9: Segmental Revenue Q3 18-19
Segmental Revenue Q3 18-19 Consultacy Q3‘l8 Q3‘l9 Q3 l8 Q3 l9 +6 +91 T n _|_ Leasing 23 snelwd [(9)] UJ Q3‘l8 Q3‘l9 Q3‘l8 Q3‘l9 One DMU set has exported to Sri Lanka and trial runs for the same has been successfully completed. Further, one locomotive to Sri Lanka has also been exported. O II ”II b:
Slide 10: Segmental Profits for Q3 19
Segmental Profits for Q3’19 3 in Crore fi 7 —‘ a +2 —I ,— C I'I'I “5 >< —; 8 8 7-? m O U Q3‘I8 Q3‘I9 Q3‘I8 Q3‘I9 +2 ——| +4 _|_ —I n snelmd [(9)] UJ Q3 FY|8 . Q3 FY|9 . - -| I Q 3 I9 *Above Segmental Profits and Profit Margins does not include un-allocable expenses
Slide 11: Revenue for 9 months 18-19 (Standalone)
Revenue for 9 months 18-19 (Standalone) 3 in Crore OPERATIONAL REVENUE TOTAL REVENUE 1254.7 1402.3 1015.0 9 months 'I8 9 months '|9 9 months 'I8 9 months '| 9
Slide 12: Strong Earnings 9 months 18-19 (Standalone)
Strong Earnings 9 months 18-19 (Standalone) 3 in Crore EBITDA & EBITDA MARGINS(%) PAT & PAT MARGINS(%) 496-0 312.8 386.8 254.3 9 months 'I8 9 months 'I9 9 months 'I8 9 months '|9
Slide 13: Segmental Revenue 9 months 18-19
Segmental Revenue 9 months 18-19 ₹ in Crore +172 -55 771 158 Consultancy Exports 599 103 9 months 17-18 9 months 18-19 Q3‘18 Q3‘19 9 months '18 9 months '19 +5 +242 Projects Turnkey 75 306 Leasing 70 64 9 months Q3‘1817-18 9 months Q3‘1918-19 Q3‘18 17-18 9 months Q3‘1918-19 9 months Consultancy reve
Slide 14: Segmental Profits for 9 months 19
Segmental Profits for 9 months’19 +103 ₹ in Crore -18 Consultancy 342 Exports 239 45 27 9 months‘18 9 months‘19 9 months‘18 9 months‘19 +5 Projects Turnkey Domestic +11 Leasing 31 26 9 -2 9 month'18 9 month'19 9 month'18 9 month'19 Consultancy & Exports profits grow with healthy margins of 44.4% & 2
Slide 15: Employee Productivity
Employee Productivity REVENUE PER EMPLOYEE ₹ in Crore (STANDALONE) 0.47 0.49 FY18 0.41 Approx 1,400 0.36 0.42 Revenue per regular skilled employee: engineers/ Rs. 49 lakh professionals Lorem ipsum This is dummy text it is not here to be read FY 15 FY 16 FY 17 FY 18 9M FY19 Status Employees as on 31.
Slide 16: 2. Order Book
q Hi 2. Order Book
Slide 17: Order Book
Order Book ₹ in Crore Consultancy ₹2268 Cr 40.7% 37.5% Exports ₹1188 Cr 19.6% 2.2% consultancy leasing exports turnkey Leasing ₹134 Cr 28.5% Turnkey ₹2464 Cr 71.5% Total Order book as on 31.12.18 Govt & PSU Other ₹ 6054 Crore *order book also includes US Dollar denominated projects and conversion to
Slide 18: Major Projects Secured during Q3 18-19
Major Projects Secured during Q3’18-19 ₹ in Crore Expected Project Scope Amount Client Completion Bogibeel Bridge- Structural Health Monitoring North East Frontier Turnkey 58.37 2019 Systems Services Railways Execution RE Project Ringas-JP-SWM (extension) 42.58 North West Railways 2020 Project Manag
Slide 19: 3. Outlook for FY18-19
3. Outlook for FY18-19 18
Slide 20: Outlook for FY18-19 (Standalone)
Outlook for FY18-19 (Standalone) ₹ in Crore OPERATING REVENUE OPERATING PROFIT 9.39% 22.31% 1760 1439 361 330 Current Year(2017-18) MOU Target 2018-19 Current Year(2017-18) MOU Target 2018-19 Outlook for FY 18-19 is based on the MOU Target of 2018-19 for excellent rating 19
Slide 21: 4. Annual Financial Performance Summary FY17-18
4. Annual Financial Performance Summary FY17-18 20
Slide 22: Financial Summary (Consolidated)
Financial Summary (Consolidated) ₹ in Crore Particulars FY 17-18 FY 16-17 Increase/Decrease Total Revenue1 1667 1561 6.8% Operating Revenue1 1503 1351 11.2% EBITDA1 572 555 3.2% PAT1 363 337 7.8% Dividend Payout 148 146 1.4% Dividend Per Share (in₹) 7.4 7.3 1.4% EPS ((in₹) 17.4 16.4 6.1% Cash in han
Slide 23: Segmental Revenue (Consolidated)
Segmental Revenue(Consolidated) ₹ in Crore FY 2017-18 FY 2016-17 31 17 17(1.1%) 147 377 (9.8%) 232 93 833 (15.4%) 92(6.1%) 1015 (67.6%) Consultancy services Leasing services Export sales Turnkey construction projects sale of power generation 22
Slide 24: Thank You
Thank You 23