Ircon International Ltd. · NSE:IRCON
Ircon International — Q3 FY25 Earnings Presentation
23 slides from Ircon International's earnings presentation, Feb 11, 2025
Slide 1: Intimation of Investor Presentation to Stock Exchanges
IRCON/SECY/STEX/124 11th February, 2025 BSE Limited National Stock Exchange of India Limited Listing Dept./ Dept. of Corporate Services Listing Department Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot no. C-1, G Block, Dalal Street, Bandra –Kurla Complex, Mumbai – 400001 Bandra (East), Mumbai – 40
Slide 2: Ircon International Limited Analyst Presentation Q3 & 9M FY25
IRCON INTERNATIONAL LIMITED ANALYST PRESENTATION Q3 & 9M FY25 11TH FEBRUARY, 2025
Slide 3: Safe Harbour
SAFE HARBOUR 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
Slide 4: Contents
CONTENTS I. Functional Directors II. Key Financial Highlights (Consolidated) III. Key Financial Highlights (Standalone) IV. Group Financial Performance V. Standalone Financial Performance VI. Order Book 3
Slide 5: I. Functional Directors
I. Functional Directors 4
Slide 6: Functional Directors
• Holds Bachelors’ degree in Civil Engineering from University of Roorkee (renamed as IIT/Roorkee) • Belongs to Indian Engineering Services of 1989 Batch • Previously worked as Director (Infrastructure) of DFCCIL, Executive Director (Works) in Ministry of Railways Shri Hari Mohan Gupta • Has vast ex
Slide 7: II. Key Financial Highlights (Consolidated)
Key Financial Highlights II. (Consolidated) 6
Slide 8: Financial Highlights (Consolidated) – Q3FY25
Financial Highlights (Consolidated) – Q3FY25 Operating Revenue EBITDA Profit after Tax 2613 343 206 2448 Q-o-Q 218 86 Q2FY25 Q3FY25 Q2FY25 Q3FY25 Q2FY25 Q3FY25 378 2930 245 2613 Y-o-Y 218 86 Q3FY24 Q3FY25 Q3FY24 Q3FY25 Q3FY24 Q3FY25 7 EBITDA = PBT + Finance Cost + Depreciation & Amortisation
Slide 9: Financial Highlights (Consolidated) – 9M FY25
Financial Highlights (Consolidated) – 9M FY25 Operating Revenue EBITDA Profit after Tax 8727 7348 1086 683 919 516 9MFY24 9MFY25 9MFY24 9MFY25 9MFY24 9MFY25 EBITDA = PBT + Finance Cost + Depreciation & Amortisation 8
Slide 10: III. Key Financial Highlights (Standalone)
Key Financial Highlights III. (Standalone) 9
Slide 11: Financial Highlights (Standalone) – Q3FY25
Financial Highlights (Standalone) – Q3FY25 Operating Revenue EBITDA Profit after Tax 260 2470 202 2299 Q-o-Q 141 188 Q2FY25 Q3FY25 Q2FY25 Q3FY25 Q2FY25 Q3FY25 2792 185 258 2470 141 Y-o-Y 188 Q3FY24 Q3FY25 Q3FY24 Q3FY25 Q3FY24 Q3FY25 10 EBITDA = PBT + Finance Cost + Depreciation & Amortisation
Slide 12: Financial Highlights (Standalone) – 9M FY25
Financial Highlights (Standalone) – 9M FY25 Operating Revenue EBITDA Profit after Tax 8301 807 6950 577 694 519 9MFY24 9MFY25 9MFY24 9MFY25 9MFY24 9MFY25 EBITDA = PBT + Finance Cost + Depreciation & Amortisation 11
Slide 13: IV. Group Financial Performance
Group Financial IV. Performance 12
Slide 14: Financial Highlights (Consolidated) – Q3FY25
Financial Highlights (Consolidated) – Q3FY25 Particulars (INR Crore) Q3-FY25 Q2-FY25 Q-o-Q (%) Q3-FY24 Y-o-Y (%) Operating Revenue 2612.9 2447.5 6.8% 2929.5 (10.8%) Total Expenses (Excl. Depreciation & 2480.9 2246.6 10.4% 2670.9 (7.1%) Finance Cost) Core EBITDA* 139.3 251.8 (44.7%) 295.8 (52.9%) Cor
Slide 15: Financial Highlights (Consolidated) – 9MFY25
Financial Highlights (Consolidated) – 9MFY25 Particulars (INR Crore) 9M-FY25 9M-FY24 Change (%) Operating Revenue 7347.5 8726.7 (15.8%) Total Expenses (Excl. Depreciation & 6764.2 7950.4 (14.9%) Finance Cost) Core EBITDA* 650.3 836.2 (22.2%) Core EBITDA Margins** (%) 8.9% 9.6% (70 bps) Depreciation
Slide 16: Financial Highlights (Consolidated) – Annual
Financial Highlights (Consolidated) – Annual Particulars (INR Crore) FY24 FY23 Y-o-Y (%) Operating Revenue 12513.7 10550.7 18.6% Total Expenses (Excl. Depreciation & 11406.8 9664.8 18.0% Finance Cost) Core EBITDA* 1153.1 917.3 25.7% Core EBITDA Margins** (%) 9.21% 8.69% 52 bps Depreciation 100.4 107
Slide 17: V. Standalone Financial Performance
Standalone Financial V. Performance 16
Slide 18: Financial Highlights (Standalone) – Q3FY25
Financial Highlights (Standalone) – Q3FY25 Particulars (INR Crore) Q3-FY25 Q2-FY25 Q-o-Q (%) Q3-FY24 Y-o-Y (%) Operating Revenue 2470.4 2298.9 7.5% 2792.1 (11.5%) Total Expenses (Excl. Depreciation & 2382.5 2194.3 8.6% 2618.1 (9.0%) Finance Cost) Core EBITDA* 87.9 104.6 (16.0%) 174.1 (49.5%) Core EB
Slide 19: Financial Highlights (Standalone) – 9MFY25
Financial Highlights (Standalone) – 9MFY25 Particulars (INR Crore) 9M-FY25 9M-FY24 Change (%) Operating Revenue 6949.7 8301.4 (16.3%) Total Expenses (Excl. Depreciation & 6608.8 7784.1 (15.1%) Finance Cost) Core EBITDA* 340.9 517.4 (34.1%) Core EBITDA Margins** (%) 4.9% 6.2% (130 bps) Depreciation 2
Slide 20: Financial Highlights (Standalone) – Annual
Financial Highlights (Standalone) – Annual Particulars (INR Crore) FY24 FY23 Y-o-Y (%) Operating Revenue 11950.4 9921.2 20.5% Total Expenses (Excl. Depreciation & 11186.5 9337.9 19.8% Finance Cost) Core EBITDA* 763.9 583.3 31.0% Core EBITDA Margins** (%) 6.4% 5.9% 50 bps Depreciation 36.2 37.7 (4.0%
Slide 21: VI. Order Book
VI. Order Book 20
Slide 22: Order Book (as on 31.12.2024)
Order Book (as on 31.12.2024) Segment Geography Mode of Award 89 4775 0% 2286 22% 10% 10302 47% 90% 53% 78% 17075 19653 11637 Railways Highways Others Domestic International Bidding Nomination (All figures are in INR Crore) • Order Book of Rs.21939 crore as on 31.12.2024 • Share of orders won on com
Slide 23: Thank You
THANK YOU For Further Information: Mr. Sachin Garg DGM/Finance/IR Ircon International Ltd. Tel: 011-26545368 E-mail: sachin.garg@ircon.org 22