Indus Infra Trust · NSE:INDUSINVIT
Indus Infra Trust — Q3 FY25 Earnings Presentation
24 slides from Indus Infra Trust's earnings presentation, Jan 29, 2025
Slide 1: Stock exchange cover letter for investor presentation
29th January 2025 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, C‐1, Block G Dalal Street, Bandra‐Kurla Complex, Bandra(E) Mumbai – 400001 Mumbai ‐400051 Scrip Code: 544137 Symbol: INDUSINVIT Subject: Investor Presentation on the Financial Results of
Slide 2: Investor Presentation Q3 FY25
GR Highways Investment Manager Private Limited Investor Presentation Q3 FY25
Slide 3: Disclaimer
Disclaimer • This presentation is issued by GR Highways Investment Manager Private Limited (the “Investment Manager”) on behalf of Indus Infra Trust erstwhile Bharat Highways InvIT (“the Trust”) for general information purposes only, without regard to specific objectives, suitability, financial situ
Slide 4: Disclaimer
Disclaimer • This presentation may not be copied or disseminated, in whole or in part, and in any manner or for any purpose. No person is authorized to give any information or to make any representation not contained in or inconsistent with this presentation and if given or made, such information or
Slide 5: Index
index Financial Highlights 5 Distribution 7 Debt profile & Unitholding Pattern 9 Overview of Indus Infra Trust 15 Board and its Committees 21 4
Slide 6: Financial Highlights
-4 INDUS INFRA TRUST FINANCIAL HIGHLIGHTS
Slide 7: Financial Highlights: Indus Infra Trust for the Quarter ended 31st December 2024
Financial Highlights: Indus Infra Trust for the Quarter ended 31st December 2024 (unaudited) (In Rs. Mn) P&L Standalone Consolidated QY ended QY ended QY ended QY ended 31.12.2024 30.09.2024 31.12.2024 30.09.2024 Total Income 2,094.29 5,876.57 2,244.73 1,712.51 Total Expenses 360.13 5,228.66 617.56
Slide 8: Distribution
-4 INDUS INFRA TRUST Distribution
Slide 9: Distribution: DPU Rs. 2.75 per unit
DPU: Rs. 2.75/- per unit - Interest: Rs. 2.51/- per unit - Dividend: Rs. 0.24/- per unit 3,328.90 Rs. In Million 1,961.48 15.55 (1,367.42) (55.02) (474.81) 0.58 1,226.98 1,218.08 (220.80) *cash flow from operations 8
Slide 10: Debt Profile and Unitholding Pattern
Debt Profile and Unitholding Pattern 9
Slide 11: Debt Profile
Debt Profile Credit Rating As on December 31, 2024Rs. In Million AAA/Stable Particulars Standalone Consolidated External Debt 17,888.95 17,888.95 • No external debt is outstanding in SPVs as on ** December 31, 2024 AAA/Stable AAA/Stable 10
Slide 12: Unitholding Pattern
Unitholding Pattern Category wise distribution (%age) Top Five Public Unitholders Unitholding % 70 57.48 57.88 G R Infraprojects Limited 43.56 60 50 HDFC Mutual Fund 3.94 40 27.52 27.11 Kotak Mutual Fund 3.87 30 20 15 15 ICICI Mutual Fund 2.71 10 Aditya Birla Mutual Fund 2.41 0 Sep-24 Dec-24 Total 5
Slide 13: Asset Portfolio
-4 INDUS INFRA TRUST Asset Portfolio 12
Slide 14: Demographic presence
GR Phagwara Expressway Ltd. (5) Demographic presence State: Punjab Stretch: Phagwara Rupnagar Type/ Design length: 4 lane/ 80.82 kms Porbandar Dwarka Expressway Pvt. Ltd (1) Pavement Details – 11.26 kms Rigid & 69.56 kms Flexible State: Gujarat Stretch: Porbandar Dwarka Type/ Design length: 4 lane/
Slide 15: Operational details
Operational details 53 annuities ~568 Km ~10.16 - 13.16 Years 8 HAM Projects Residual received Total Length Concession period Annuities Total Design End of Residual Bid Project Receivable No. of Awarding Annuities Project Length Location State Appointed Date Concession PCOD Concession Cost (as on An
Slide 16: Overview: Indus Infra Trust
Overview: Indus Infra Trust 15
Slide 17: Overview
Overview • Successfully Listed on 12th March 2024 at NSE & BSE Listing • First ever HAM focused Public Listed Infrastructure Investment Trust (InvIT) Investor • Institutional Investors subscription for the issue was 9.1x Response • Non-Institutional Investors subscription for the issue was 6.25x Por
Slide 18: Group Structure
Group Structure G R Highways Investment Manager G R Infraprojects Limited Aadharshila Infratech Private Limited Private Limited (The Transferor) (Sponsor & Project Manager) (Investment Manager) 15% 85% Public Unitholders IDBI Trusteeship (Investors) Services Limited (Trustee) Indus Infra Trust 100%
Slide 19: Key Milestones
Key Milestones June 2022 August 2022 March 2024 September 2024 November 2024 Incorporation Receipt of SEBI Listing of Units Acquisition of Name changed of Bharat Registration GAKHPL, the to Indus Infra Highways InvIT First ROFO Trust Asset 18
Slide 20: Our Strategy
Our Strategy Expanding portfolio of road Institute and Maintain Capital Active Asset Management assets Management Policies Asset management through the services of Proposed ROFO Agreement - InvIT will have Maximize distributions to Unitholders while the Project Manager and the Investment a right of
Slide 21: Competitive Strengths
Competitive Strengths ROFO with GRIL right of first offer to acquire certain assets of Steady nature of GRIL income Pre-determined Hedge against annuity payments Long term adverse interest with zero traffic concession rate movements risk agreement NHAI HAM projects Weighted average provide a natural
Slide 22: Board of Directors and KMPs
Board of Directors and KMPs 21
Slide 23: Board of Directors & KMPs
Board of Directors & KMPs Board of Directors Ajendra Kumar Agarwal Raghav Chandra Deepak Maheshwari Chairman & Non-executive Director Independent Director Independent Director • Managing director on the board of directors • 35+ years of experience in areas including public • 40+ years of experience
Slide 24: Thank you
GR Highways Investment Manager Private Limited Thank you 23