H.g. Infra Engineering Ltd. · NSE:HGINFRA
H.g. Infra Engineering — H1 FY2025 Earnings Presentation
23 slides from H.g. Infra Engineering's earnings presentation, Nov 12, 2024
Slide 1: Exchange filing cover letter for investor presentation
HGIEL/HO/COMPLIANCE/2024-25/294 12-11-2024 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G Dalal Street Bandra Kurla Complex, Bandra (East) Mumbai- 400 001 Mumbai- 400 051 Scrip Code- 541019/973671 Scrip Symbol- HGINFRA Dear Sir/Madam, Sub:
Slide 2: Investor Presentation – Q2 & H1FY25
H.G. INFRA ENGINEERING Ltd. Potential. Prudence. Performance Diversifying and progressing Investor Presentation – Q2 & H1FY25 www.hginfra.com 1 H.G Infra Engineering Ltd Q2 & H1FY25- Investor Presentation
Slide 3: Agenda
Agenda 1 Business Overview 2 Q2 & H1FY25 Financial Highlights 3 Q2 & H1FY25 Operational Highlights 4 Update on HAM Projects 5 Historical Financial Data 2 H.G Infra Engineering Ltd Q2 & H1FY25- Investor Presentation
Slide 4: HG Infra: At a Glance
HG Infra : At a Glance Pioneering Infrastructure Solutions since 21+ years 44 Robust Operations PAN India Presence Exponential Growth Resilient Business Model Roads & Highways 13 States 5 Years CAGR 2800+ Modern Equipment Revenue 20.6% Fleet East 20% Railway & Metro West 47% EBITDA 22.1% 4700+ Emplo
Slide 5: Q2 & H1FY25 Financial Highlights
Q2 & H1FY25 Financial Highlights 4 H.G Infra Engineering Ltd Q2 & H1FY25- Investor Presentation
Slide 6: Standalone Highlights - Q2 & H1FY25
Standalone Highlights - Q2 & H1FY25 All figures in ₹ Million Revenue EBITDA & EBITDA Margin (%) PAT & PAT Margin (%) Quarter Highlights 15.9% 16.4% 7.1% 8.3% 22.4% 10,645 26.1% 1,744 8,695 43.7% 886 1,384 617 Q2FY24 Q2FY25 Q2FY24 Q2FY25 Q2FY24 Q2FY25 16.0% 16.3% 8.4% 8.9% 20.1% 25,703 2,282 Half Yea
Slide 7: Standalone profit & loss statement
Standalone profit & loss statement All figures in ₹ Million Particulars Q2 FY25 Q2 FY24 YoY H1FY25 H1FY24 YoY Revenue from Operations 10,644.52 8,694.55 22.4% 25,703.33 21,407.96 20.1% Cost of material consumed 5,270.99 3,254.64 12,019.60 9,174.43 Contract and site expenses 2,780.84 3,163.65 7,699.2
Slide 8: Consolidated profit & loss statement
Consolidated profit & loss statement All figures in ₹ Million Particulars Q2 FY25 Q2 FY24 YoY H1FY25 H1FY24 YoY Revenue from Operations* 9,024.08 9,545.30 -5.5% 24,304.47 23,056.88 5.4% Cost of material consumed 5,270.99 3,254.64 12,019.60 9,174.43 Contract and site expenses 670.82 3,171.52 5,094.75
Slide 9: H1FY25 Balance Sheet
H1FY25 Balance Sheet All figures in ₹ Million Particulars H1FY25 FY24 Particulars H1FY25 FY24 Equity & Liabilities Assets Share Capital 652 652 Fixed Assets (incl. CWIP & Investment Property) 6,980 7,362 Reserves 24,732 22,533 Financial Assets 8,439 7,372 Shareholders' Funds 25,384 23,185 Other Non-
Slide 10: Debt Break Up
Debt Break Up All figures in ₹ Million Consolidated Debt Break up –Sept 2024 Standalone Debt Break up –Sept 2024 32% 37% 63% 2% 67% Project Debt Standalone Debt Term Loan NCD Working Capital CONSOLIDATED DEBT BREAK-UP Sept'24 Sept'23 STANDALONE DEBT BREAK-UP Sept'24 Sept'23 Term Loan + Current Matur
Slide 11: Q2 & H1FY25 Operational Highlights
Q2 & H1FY25 Operational Highlights 10 H.G Infra Engineering Ltd Q2 & H1FY25- Investor Presentation
Slide 12: Robust & Diversified Orderbook as Sept 2024
Robust & Diversified Orderbook as Sept 2024 Roads & Highways Rs. 1,23,260 Mn Project Type Sector Authority % Completion Orderbook Karnal Munak Road 46.1% 4,763 Uttar Pradesh 15% Varanasi Ranchi Kolkata Highway P 10 5.9% 10,441 Telangana 3% Varanasi-Ranchi-Kolkata Highway P 13 9.3% 7,257 Raipur-Visak
Slide 13: Significant Events and update on New Projects H1FY25
Significant Events and update on New Projects H1FY25 L1 Declared: Client Mode Project Name EPC Project Cost State MSRDC EPC Nagpur-Chandrapur NC-04 ₹ 19,911 Mn Maharashtra MSRDC EPC Nagpur-Chandrapur NC-05 ₹ 21,511 Mn Maharashtra MoRTH HAM 84 Kosi Parikrama Marg Pkg. 6 ₹ 6,750 Mn Uttar Pradesh MoRTH
Slide 14: Significant Events and update on New Projects H1FY25
Significant Events and update on New Projects H1FY25 Contract Agreement Signing: Sr. No. Project Type Project Name Agreement Signed on 1 Highway-HAM *Chennai-Tirupati Package-II, (FC achieved on 30.09.2024) 30-04-2024 2 Highway-EPC Kalimandir-Dimna Chowk (Jamshedpur) 25-06-2024 3 Railway-EPC Gaya-So
Slide 15: Update on HAM Projects
Update on HAM Projects 14 H.G Infra Engineering Ltd Q2 & H1FY25- Investor Presentation
Slide 16: Expanding HAM Projects
Expanding HAM Projects Expanding order book , equity commitment comfortably met Debt as Grant Total Invested Equity Awarding Kms BPC on 30th Project State Amount Sanctioned till 30th Sept Authority Kane (Rs.Mn) Sept 2024 (Rs.Mn) Debt (Rs.Mn) 2024 (Rs.Mn) (Rs. Mn) Rewari Bypass Pkg-4 NHAI Haryana 14.
Slide 17: Historical Financial Highlights
Historical Financial Highlights 16 H.G Infra Engineering Ltd Q2 & H1FY25- Investor Presentation
Slide 18: H.G. Infra on the Rise: A leader in EPC
H.G. Infra on the Rise : A leader in EPC Growing Orderbook ,Strong Execution and Industry Leading Book to Bill Ratio Orderbook (Rs. Mn) Revenue (Rs. Mn) Book to Bill Ratio (x) 5 Year CAGR 1,25,953 1,24,340 5 Year CAGR 51,217 14.9% 20.6% 44,185 3.2 3.1 2.9 2.9 36,152 2.8 2.6 2.5 2.4 2.3 2.4 2.2 1.9 7
Slide 19: Efficient Operations
Efficient Operations Scaling Success: Our Experience with over 21 active projects Gross Block (Rs. Mn) Net Fixed Asset Turn Over (X) 12,312 7.8 7.7 7.2 10,336 8,077 5.2 7,602 6,898 4.5 4.6 4.6 6,106 4,897 FY 18 FY 19 FY 20 FY 21 FY 22 FY 23 FY 24 FY 18 FY 19 FY 20 FY 21 FY 22 FY 23 FY 24 Standalone
Slide 20: Resilient Financial Structure
Resilient Financial Structure Net Working Capital Days Debt to Equity Ratio (x) 41 days 41 days 33 days 31 days 23 days 25 days 91 95 0.58 88 79 77 69 69 73 0.45 64 54 55 46 45 49 42 43 36 36 0.28 0.28 0.23 0.19 FY 19 FY 20 FY 21 FY 22 FY 23 FY 24 FY 19 FY 20 FY 21 FY 22 FY 23 FY 24 Debtor Days Inve
Slide 21: Execution Prowess
Execution Prowess Strong Execution with Stable EBITDA Margins at 16% attributed to stringent project Selection Industry Leading EBITDA EBITDA (Rs. Mn) & EBITDA Margin % PAT (Rs. Mn) & PAT Margin % Margin 5 Year CAGR 5 Year CAGR 22.1% 16.5% 34.6% 10.7% 16.2% 9.4% 9.5% 16.1% 16.0% 8.3% 7.5% 16.5% 15.6
Slide 22: Historical Income Statement
Historical Income Statement Standalone Consolidated Particulars (Rs. Mn) FY24 FY23 FY24 FY23 Revenue From Operations 51,217 44,185 53,785 46,220 Cost of Materials Consumed 22,633 21,435 22,633 21,435 Contract & Site Cost 16,556 13,040 16,615 13,107 Employee Cost 2,882 1,959 2,891 1,982 Other expense
Slide 23: Thank You
COMPANY CONTACT Rajeev Mishra (CFO) rajeev.mishra@hginfra.com III Floor, Sheel Mohar Plaza, A-1, Tilak Marg, C-Scheme, Jaipur - 302001 Thank You INVESTOR RELATION CONTACT Saloni Ajmera Go India Advisors saloni@goindiaadvisors.com +91 9930577801 Paridhi Jagnani Go India Advisors paridhi@goindiaadviso
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