Slide 1: Investor Presentation Financial Results: Q4FY24 & FY24
Investor Presentation Financial Results: Q4FY24 & FY24 28st May 2024
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 4 Financial Performance 7 Segmental Performance 14 Employee Productivity 20 Order Book 22 RITES | Financial Statements 3
Slide 4: Round-Up
Round-Up Q4FY24 & FY24 www.rites.com 4
Slide 5: Q4FY24 at a Glance
Q4FY24 at a Glance • Secured Quality Assurance work for procurements under PM Vishwakarma Scheme • Secured work for DPR and PMC for 6.5 KM long Sadhna Pass Tunnel and Health • Order book : ₹5,690cr Monitoring work for Rabindra Setu • Secured 100 orders* worth ₹ 940 cr (More than one order a day duri
Slide 6: FY24 at a Glance
FY24 at a Glance • Secured 350+ orders* worth ₹ 2186 crore • Secured/emerged L1 in Exports order of ₹1200 + crore** • Upgraded as Navratna CPSE • Opened branch office at Abu Dhabi • Total divided attributable to the year stands at ₹ 18 per share*** • 95.2% Dividend Payout ** • Highest ever consolida
Slide 7: Financial Performance
Financial Performance @RITESLIMITED 7
Slide 8: Performance During Q4FY24
Performance During Q4FY24 ₹ in Crore Consolidated Standalone -5.4% -7.4% -6.3% -8.0% 690 659 639 687 706 668 606 643 Q4FY23 Q4FY24 Operating Revenue Total Revenue Operating Revenue Total Revenue • Highest ever Leasing and Turnkey Revenue in a single quarter. • Fall in revenue can be attributed to le
Slide 9: Profits for Q4FY24
Profits for Q4FY24 ₹ in Crore Consolidated Standalone -6.8% -2.3% -11.1% -15.1% 191 191 187 -1.6% -11.1% 178 185 Q4FY23 170 164 139 137 Q4FY24 145 138 123 Margins 28.0% 20.5% 27.7% 23.9% 25.7% 19.3% 27.8% 27.1% 19.7% 25.9% 26.7% 20.1% EBITDA PBT PAT EBITDA PBT PAT +4.4% +9.3% +6.1% Q4 Vs Q3 +0.3% +6
Slide 10: Performance During FY24
Performance During FY24 ₹ in Crore Consolidated Standalone -6.7% -7.0% -8.2% -7.6% 2,628 2,730 2,453 2,539 2,639 2,520 2,439 2,312 FY23 FY24 Operating Revenue Total Revenue Operating Revenue Total Revenue • Highest ever consolidated consultancy revenue during the year despite 21% fall in revenue fro
Slide 11: Profits for FY24
Profits for FY24 ₹ in Crore Consolidated Standalone -12.9% -19.7% -15.8% 774 -13.4% 746 709 -13.27% 655 650 670 FY23 597 -14.4% 571 526 531 FY24 454 495 Margins 26.5% 26.4% 19.5% 18.6% 22.8% 24.5% 28.4% 28.3% 20.9% 26.0% 26.9% 20.1% EBITDA PBT PAT EBITDA PBT PAT Decrease in profits and moderation in
Slide 12: Value Generation for Investors (Standalone)
Value Generation for Investors (Standalone) Net worth (₹ in Crore) EPS (₹ ) 2577 22.1 2322 2399 2503 2507 -14.4% 18.9 FY20 FY21 FY22 FY23 FY24 FY23 FY24 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 144 84 120 Final 150 3rd Interim 144 96 114 2nd Interim 180 100 1st Interim 96 108 108 96 150 120 96 90 48 FY20 FY21 FY22 FY23 FY24 Dividend Payout of 95.2% for FY24 on 12 months PAT ₹ 120 crore (₹5 per share) of Final dividend for FY24 has been recommended and will b
Slide 14: Segmental Performance
Segmental Performance RITES Ltd. 14
Slide 15: Segmental Revenue – Q4FY24 (Standalone)
Segmental Revenue – Q4FY24 (Standalone) ₹ in Crore Trend Revenue Revenue Consultancy -11.6% 302 Consultancy 341 Lease +19.2% 39 Lease 33 Q4FY24 Q4FY23 Export -88.8% 6 Export 55 Turnkey +12.8% 259 Turnkey 230 Other Income +5.8% 33 Other Income 31 Fall in consultancy revenue on account of fall in QA a
Slide 16: Segmental Profits – Q4FY24 (Standalone)
Segmental Profits – Q4FY24 (Standalone) ₹ in Crore Trend Margins Profits Profits Margins Consultancy -20.4% 136 Consultancy 171 45.1% 50.1% Lease 66.0% 16 Lease 10 Q4FY23 Q4FY24 40.1% 28.8% Export -65.7% 2 Export 6 33.4% 10.9% Turnkey 80.3% 13 Turnkey 7 4.9% 3.1% Margins remained range bound in all
Slide 17: Segmental Revenue – FY24 (Standalone)
Segmental Revenue – FY24 (Standalone) ₹ in Crore Trend Revenue Revenue Consultancy -1.9% 1167 Consultancy 1190 Lease 0.3% 138 Lease 138 FY24 FY23 Export -66.4% 103 Export 308 Turnkey 2.1% 903 Turnkey 885 Other Income 6.5% 127 Other Income 119 Highest ever domestic consultancy and turnkey revenue. Ex
Slide 18: Segmental Profits – FY24 (Standalone)
Segmental Profits – FY24 (Standalone) ₹ in Crore Trend Margins Profits Profits Margins Consultancy -10.2% 495 Consultancy 551 42.4% 46.3% Lease 14.0% 55 Lease 48 FY23 39.5% 34.7% FY24 Export -69.2% 21 Export 70 20.8% 22.6% Turnkey -27.8% 25 Turnkey 35 2.8% 3.9% Margins remained range bound in all se
Slide 19: REMC Ltd Performance
REMC Ltd Performance 34.2% ₹ in Crore 32.6% 39 41 48.4% 51.9% 30 31 31 31 53.6% 21 20 22 Q4FY23 14 Q4FY24 Q4FY24 Operating Revenue Total Revenue EBITDA PBT PAT 29.4% 30.9% 153 32.1% 148 114 117 117 35.3% 113 37.6% 89 84 81 FY23 59 FY24 FY24 Operating Revenue Total Revenue EBITDA PBT PAT Highest ever
Slide 20: Employee Productivity
Employee Productivity @ritesltdindia 20
Slide 21: Employee Productivity
Employee Productivity ₹ in Crore Revenue per Employee Awarded “Dream Company to Work for – 2022” 0.94 0.98 0.92 Senior Management with an avg. experience of 30+ 0.83 years 0.65 Experts in Engineering, Science, Finance, Economics etc. with a mix of regular, deputationists and contract employees FY20
Slide 22: Order Book
Order Book @RITESLtd 22
Slide 23: Order Book
Order Book Order Book Order Book Split Projects Secured Spilt as on 31.03.2024 as on 31.03.2024 (New & extensions) Segment Break-up (During Q4FY24) REMCL 2% Consultancy Consultancy ₹ 421 Crore Turnkey 46% 44% Exports ₹ 295 Crore Consultancy ₹ 2,600 Crore Turnkey ₹ 478 Crore Exports Leasing Projects
Slide 24: Major Projects Secured – Q4FY24
Major Projects Secured – Q4FY24 ₹ in Crore Secured 100 projects/contracts including extensions during the quarter Expected Project Scope Amount Client Completion Year National Small Industries Quality assurance agency for PM Vishwakarma scheme 67.5 2026 Corporation Limited Project Management consult
Slide 25: 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.