Nila Infrastructures Limited · NSE:NILAINFRA
Nila Infrastructures — Investor Presentation (June 2019)
36 slides from Nila Infrastructures's investor presentation, Jun 1, 2019
Slide 1: Nila Infrastructures Limited Investor Presentation June 2019
NILA INFRASTRUCTURES LIMITED INVESTOR PRESENTATION | JUNE 2019
Slide 2: Executive Summary
Executive Summary Company Overview • Nila Infrastructures Ltd. established in 1990, initially operating as a city-based realtor, has now transformed into a diversified Infrastructure entity operating in Gujarat and Rajasthan. • It is listed on the BSE + NSE and has a market cap of ~INR 3,178.7 Mn as
Slide 3: Company Overview
COMPANY OVERVIEW
Slide 4: Company Overview – Nila Infrastructures Ltd.
Company Overview – Nila Infrastructures Ltd. Revenue (INR Mn) and EBITDA margin* 17% 18% • A flagship unit of the Ahmedabad based Sambhaav Group, Nila 14% Infrastructures Limited is one of Gujarat’s leading companies engaged in turnkey civic urban infrastructure development. • The Company forayed in
Slide 5: Key Milestones
Key Milestones 2014 - 2018 • AMC awarded contract for Affordable Housing under Mukhya Mantri 2010 - 2013 Avas Yojana, Multi Level Parking, SRA • Launched 3 major 2006 - 2009 housing schemes - • Rajasthan Government, • First Urban Anvayaa, Anaahata VUDA award projects Development Project: and Atuulya
Slide 6: Key Differentiators
Key Differentiators Project Diversity Execution Proficiency • Affordable Housing Projects, Slum • The company has delivered 4,911 units Rehabilitation Projects, Multilevel under the Affordable Housing Scheme. Parking, Medical College Campus, BRTS • Established track record in satisfactorily Stations
Slide 7: Board of Directors
Board of Directors Mr. Manoj Vadodaria – CMD Mr. Kiran Vadodaria – Director • 40+ years of experience, knowledge, and insight in the • B.E. (Mechanical) from L.D. Engineering College, currently the construction industry; transformed Nila from a city-based realtor Chairman and Managing Director of Sa
Slide 8: Key Management Personnel
Key Management Personnel Deep Vadodaria - Chief Operating Officer Prashant Sarkhedi - Chief Finance Officer • An original thinker with an immense reasoning power. With a • A professional with more than 25 years of experience in finance, problem-solving attitude, he addresses complex issues in his ow
Slide 9: Business Mix
BUSINESS MIX
Slide 10: Area of Operations
Area of Operations EPC PPP • Affordable Housing • Slum Rehabilitation and Redevelopment • Civic Urban infrastructure • Development of Bus Ports • Private White Label Construction The company generally operates Total Order-book break up The company pays for the cost of on fixed price contracts, and c
Slide 11: Projects and Geographic diversity
Projects and Geographic diversity JODHPUR 2,288 units NAVIYANI 5 Lakh sq. Ft. BARMER 100 MBBS/annum BHILWADA SITAPUR MODASA Medical Campus 848 units 2,906 beds 18 Bus Bays employee dormitory 6,618 units 720 Media Utility Ahmedabad UDAIPUR 1,100 capacity RAJKOT 1,152 units 104 BRTS 100 Media Stations
Slide 12: Clientele
Clientele Ahmedabad Municipal Applewoods Estate Engineering Projects Venus Infra Ahmedabad Urban Corporation Pvt Ltd India Ltd (a Mini Ratna) Development Authority Adani Ports and Special Economic Zones Limited Vadodara Urban Adani Group Gujarat State Road Rajasthan Avas Vikas & Vyapti Group Develop
Slide 13: Infrastructure – Affordable Housing
INFRASTRUCTURE – AFFORDABLE HOUSING
Slide 14: Affordable Housing – Overview
Affordable Housing – Overview • The company was one of the first to venture into the Affordable Revenue from Affordable Housing (INR Mn) Housing scheme in 2012 and is now a specialist in this segment. • The company engages in the development of projects for EWS, LIG, and MIG sections in addition to
Slide 15: Order Book for Affordable Housing at 31-March-2019
Order Book for Affordable Housing at 31-March-2019 Total units Business Govt / Total Value Balance Name of the Project Location to be Project Status Completed Model Private (INR Mn) (INR Mn) constructed Total Order-book break up Vadaj SRA – Vivyan EPC Ahmedabad PVT 1,540 To be initiated 1,316.7 - 1,
Slide 16: Completed Projects under Affordable Housing
Completed Projects under Affordable Housing Adani Pratham LIG 6 Girdharnagar • Employer - Adani Infrastructures • Employer – AMC. • Employer – AMC. and Developers Pvt. Ltd. • Units – 608 LIG flats + 40 shops • Units – 609 flats + 21 shops • Units – 800 flats. + 8 offices. EWS Package 1 & 4 Sewasi &
Slide 17: Industry Overview for Affordable Housing
Industry Overview for Affordable Housing • The Government targets to build 20 Mn urban and 30 Mn rural houses by 2022. • Since May 2017, the Gujarat Real Estate Regulatory Authority (GRERA) has approved a total of 4,691 real estate projects with an investment potential of Rs 1.42 lakh crore. while 1
Slide 18: Civic Urban Infrastructure
CIVIC URBAN INFRASTRUCTURE
Slide 19: Civic Urban Infrastructure – Overview
Civic Urban Infrastructure – Overview • The Company gained traction in Civic Urban Infrastructure, in 2006-07 as the flagship company of the Group Sambhaav Media Ltd was awarded construction of decorative AMTS Bus Stand in Ahmedabad. • The Company has undertaken a variety of projects under Civic Urb
Slide 20: Order book for Civic Urban Infrastructure at 31-Mar-2019
Order book for Civic Urban Infrastructure at 31-Mar-2019 Total Order-book break up Govt / Total Value Balance Name of the Project Location Project Status Completed Private (INR Mn) (INR Mn) Affordable Modasa Bus Port CF - Modasa GOVT WIP 780.0 4% 749.9 Housing Vyapnila 55% Inspire phase II- Ahmedaba
Slide 21: BRTS – A Success Story
BRTS – A Success Story BRTS Bus Stations Built By NILA (104 of 144) – Ahmedabad BRTS – A Success Story • Prime Contractor for Global Award Winning BRTS (Bus Rapid Transit System) project of AMC. 72% BRTS stations awarded to NILA (104 out of 144). • Total value ~ INR 630 Mn. 21
Slide 22: Industry Overview for Civic Urban Infra
Industry Overview for Civic Urban Infra • USD 950 Bn financing in the next 20 years to effectively build and run the urban cities by providing civic amenities, employment opportunities, and creating social infrastructure. • 28,360 MOUs signed, the maximum number of 21,889 were connected to the Micro
Slide 23: White Label Construction
WHITE LABEL CONSTRUCTION
Slide 24: White Label Construction
White Label Construction • Under White Label Construction, the company undertakes construction projects on an EPC/LSTK basis for reputed private developers. USP • 800 Affordable Housing units’ Residential complex project for Adani group. • Office building project for Adani Ports and Special Economic
Slide 25: Industrial and Logistics Parks
INDUSTRIAL AND LOGISTICS PARKS
Slide 26: Becharaji (Gujarat) – The next Auto-hub of India
Becharaji (Gujarat) – The next Auto-hub of India • Close proximity to Major all-weather ports viz., Kandla and Mundra, promise excellent access to global markets. Becharaji, Gujarat • This preempts huge long term investments by auto majors like Suzuki and Honda Motorcycles & Scooters in and around t
Slide 27: Becharaji (Gujarat) – The next Auto-hub of India
Becharaji (Gujarat) – The next Auto-hub of India Particulars Romanovia Industrial Park Pvt.Ltd. Kent Residential and Industrial Park LLP TVS Warehouse Nittsu Logistics Warehouse SMGPL Dormitory Project Images Ownership 50:50 Joint Venture between Nila Infrastructures Limited and the Kataria Group (
Slide 28: Way Forward – Infrastructure
Way Forward – Infrastructure • Affordable Housing has been granted “Infrastructure” status, serving as a stimulus to the segment. • Central Government has targeted the construction of 10 Mn houses per annum with demand growing at 6- 7 Mn per year due to population growth and nuclearisation of famili
Slide 29: Historical Financial Highlights
HISTORICAL FINANCIAL HIGHLIGHTS
Slide 30: Income Statement – Standalone (IND-AS)
Income Statement – Standalone (IND-AS) Particulars (INR Mn) FY2017 FY2018 FY2019 Income from Operations 1,983 2,143 2,258 Operating Expenses 1,699 1,763 1,878 EBITDA 284 380 380 EBITDA Margin (%) 14.32% 17.73% 16.83% Finance Cost 89 111 130 Depreciation 16 17 19 Other Income 69 73 83 Profit Before T
Slide 31: Balance Sheet – Standalone (IND-AS)
Balance Sheet – Standalone (IND-AS) EQUITIES & LIABILITIES (INR Mn) FY2018 FY2019 ASSETS (INR Mn) FY2018 FY2019 Shareholder Funds 1,078 1,250 Non Current Assets 1,058 1,103 (A) Equity Share Capital 394 394 (A) Property, Plant and Equipment 90 73 (B) Other Equity 684 856 (B) Investment Properties 250
Slide 32: Income Statement – Consolidated (IND-AS)
Income Statement – Consolidated (IND-AS) Income Statement (INR Mn) FY2018 FY2019 Income from Operations 2,022 2,138 Total Expenses 1,665 1,779 EBITDA 357 359 EBITDA Margin 17.66% 16.79% Finance Cost 111 130 Depreciation 17 19 Other Income 55 60 Share in profit of joint venture and associate 6 10 PBT
Slide 33: Balance Sheet – Consolidated (IND-AS)
Balance Sheet – Consolidated (IND-AS) EQUITIES & LIABILITIES (INR Mn) FY2018 FY2019 ASSETS (INR Mn) FY2018 FY2019 Shareholder Funds 1,033 1,184 Non Current Assets 988 972 (A) Equity Share Capital 394 394 (A) Property, Plant and Equipment 90 73 (B) Other Equity 639 790 (B) Investment Properties 250 2
Slide 34: Consolidated Financial Performance (IND-AS)
Consolidated Financial Performance (IND-AS) Revenue (INR Mn) and EBITDA Margin (%) PAT (INR Mn) and PAT Margins (%) Debt to Equity Ratio 9.9% 17.7% 9.4% 16.8% 2,022 2,138 0.80 0.92 200 200 FY2018 FY2019 FY2018 FY2019 FY2018 FY2019 Interest Coverage Ratio Current Ratio 3.06 2.61 1.73 2.19 FY2018 FY20
Slide 35: Capital Market Information
Capital Market Information Price Data as on 31st March, 2019 Shareholding Pattern as on 31st March, 2019 CMP 8.07 No. of Shares (Mn) 393.8 FII M.Cap (INR Mn) 3,178.7 5.67% Promoters, 61.90% Free Float (%) 38.1% DII 1.83% Free Float (Mn) 150.06 52 week H/L 17.88/5.80 Avg Total Vol. ('000) 849.09 Publ
Slide 36: Disclaimer
Disclaimer No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events not current after the d
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