Slide 1: Investor Presentation Financial Results: Q4FY23 & FY23
Investor Presentation Financial Results: Q4FY23 & FY23 18th May, 2023
Slide 2: Safe Harbor
Safe Harbor 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 constit
Slide 3: Content
Content Round-up of FY23 4 Financial Performance 7 Segmental Performance 14 Employee Productivity 21 Order Book 23 RITES | Financial Statements 3
Slide 4: Round-Up Q4FY23 & FY23
Round-Up Q4FY23 & FY23 www.rites.com 4
Slide 5: Q4FY23 at a Glance
Q4FY23 at a Glance Sequential standalone revenue and profit up by 2.1% & 5.2% respectively BoD recommends final dividend Secured orders worth ₹775+ crore of ₹6 per share Dream Companies to Work For Secured consultancy orders of ₹575+ crore (Infra) award by Times Ascent 5
Slide 6: FY23 at a Glance
FY23 at a Glance Standalone Profits up by 6.7% Order book at ₹5870 cr; secured order 92.8% of Dividend* Payout for FY23 worth ₹3080 crore during the year Highest-ever consultancy revenue Highest-ever foreign consultancy *Includes ₹6 per share recommended by BOD as Final Dividend 6
Slide 7: Financial Performance Q4FY23 & FY23
Financial Performance Q4FY23 & FY23 @RITESLIMITED 7
Slide 8: Performance During Q4FY23
Performance During Q4FY23 ₹ in Crore +1.4% Q4 Vs Q3 FY23 +1.3% +2.1% Highest standalone consultancy revenue of ₹ 341 crore during a single quarter Fall in revenue can be attributed to less exports during the quarter 8
Slide 9: Profits for Q4FY23
Profits for Q4FY23 ₹ in Crore Profit margins remained range bound on account of increase in high margin consultancy business Profit remained almost flat despite fall in exports revenue by ~78% *EBITDA = PBT + Interest + Depreciation + Amortization – Other Income 9
Slide 10: Performance During FY23
Performance During FY23 ₹ in Crore Growth in all segments except exports ensured almost flat revenue during the year despite ₹ 658 crore decrease in exports revenue All standalone segments and REMC barring exports have provided highest revenue during a financial year 10
Slide 11: Profits for FY23
Profits for FY23 ₹ in Crore Increase in profits despite significant fall in exports is on account of growth in consultancy & turnkey business Profit margins remained range bound *EBITDA = PBT + Interest + Depreciation + Amortization – Other Income 11
Slide 12: Value Generation for Investors (Standalone)
Value Generation for Investors (Standalone) Networth (₹ in Crore) EPS (₹ ) 6.7% Decrease in Net worth in FY21 is due to return of ₹257 crore of surplus cash to shareholder through Buy Back 12
Slide 13: Dividend Apportioned
Dividend Apportioned ₹ in Crore Dividend Payout Ratio: 92.8% for FY23 on 12 months PAT (including final dividend for FY23) ₹ 144 crore (₹6 per share) of Final dividend for FY23 has been recommended and will be paid in FY24, subject to approval of shareholders * The above numbers are based on dividen
Slide 14: Segmental Performance Q4FY23 & FY23
Segmental Performance Q4FY23 & FY23 RITES Ltd. 14
Slide 15: Segmental Mix FY23
Segmental Mix FY23 ₹ in Crore Highest ever consultancy revenue of ₹1189 crore, consultancy remained the highest revenue generating stream Highest ever foreign consultancy revenue of ₹159 crore during the year Foreign consultancy share in consultancy increased from 10% in FY22 to 13% in FY23 15
Slide 16: Segmental Revenue – Q4FY23 (Standalone)
Segmental Revenue – Q4FY23 (Standalone) ₹ in Crore Trend Revenue Revenue Consultancy 8.2% 341 Consultancy 315 Lease -2.0% 33 Lease 34 Q4FY23 Q4FY22 Export -77.8% 55 Export 250 Turnkey 58.4% 230 Turnkey 145 Other Income 51.8% 31 Other Income 21 Higher execution on led to growth in consultancy and tur
Slide 17: Segmental Profits – Q4FY23 (Standalone)
Segmental Profits – Q4FY23 (Standalone) ₹ in Crore Trend Margins Profits Profits Margins Consultancy 22.2% 171 Consultancy 140 50.1% 44.3% Lease 29.7% 10 Lease 7 Q4FY22 Q4FY23 28.8% 21.7% Export -83.3% 6 Export 36 10.9% 14.4% Turnkey -14.7% 7 Turnkey 8 3.1% 5.8% Margins remained range bound in leasi
Slide 18: Segmental Revenue – FY23 (Standalone)
Segmental Revenue – FY23 (Standalone) ₹ in Crore Trend Revenue Revenue Consultancy 16.7% 1190 Consultancy 1019 Lease 5.2% 138 Lease 131 FY23 FY22 Export -68.1% 308 Export 966 Turnkey 92.8% 885 Turnkey 459 Other Income 38.6% 119 Other Income 86 Highest-ever revenue from consultancy, turnkey and leasi
Slide 19: Segmental Profits – FY23 (Standalone)
Segmental Profits – FY23 (Standalone) ₹ in Crore Trend Margins Profits Profits Margins Consultancy 28.2% 551 Consultancy 430 46.3% 42.2% Lease 5.5% 48 Lease 45 34.5% 34.6% FY22 FY23 Export -67.7% 70 Export 216 22.6% 22.3% Turnkey 180% 35 Turnkey 12 3.9% 2.7% Margins remained range bound over the yea
Slide 20: REMC Ltd Performance - Q4 & FY23
REMC Ltd Performance-Q4 & FY23 ₹ in Crore Highest – ever revenue in a financial year Growth on account of increased energy management activities in FY23 *EBITDA = PBT + Interest + Depreciation + Amortization – Other Income 20
Slide 21: Employee Productivity
Employee Productivity @ritesltdindia 21
Slide 22: Employee Productivity
Employee Productivity ₹ in Crore Continuous rationalization of manpower to improve productivity Senior Management with an avg. experience of 30+ years Experts in Engineering, Science, Finance, Economics etc. with a mix of regular, deputationists and contract employees 1,400+ regular skilled engineer
Slide 23: Order Book
Order Book @RITESLtd 23
Slide 24: Order Book
Order Book Order Book Order Book Split Project Secured (as on 31.03.2023) as on 31.03.2023 (during FY23) ₹ 5,870 Crore ₹ 3,080 Crore Consultancy ₹ 1,465 Crore Exports ₹ 99 Crore Consultancy ₹ 2,657 Crore Exports ₹ 9 Crore Order Book Projects secured (as on 31.03.2023) during FY23 ₹ 5,870 Crore ₹ 3,0
Slide 25: Major Projects Secured – Q4FY23
Major Projects Secured – Q4FY23 ₹ in Crore RITES secured more than 70 projects/contracts including extensions of more than ₹775 crore during Q4FY23. Expected Project Scope Amount Client Completion Year Third Party Inspection for works under Jal Jeevan Mission 147.95 Rajasthan Govt. 2025 Project Mana
Slide 26: Transforming to GREEN
Transforming to GREEN Future Ready~ Not just more of the same; but much more of the New! Get in touch : info@rites.com Stay Updated : f ¥ @ in ®) RITES Limited Ugea fates Corporate Office: Shikhar, 1, Sector-29, Gurugram-122 001 Tel: (0124)-2571666 E-mail: info@rites.com Website: www.rites.com.
Slide 27: Thank You
Thank You