40 slides from J. Kumar Infraprojects's earnings presentation, September 2018
Slide 1: J. Kumar Infraprojects Limited
LOREM IPSUM DOLOR J. Kumar Infraprojects Limited We dream… So we achieve… September, 2018
Slide 2: Agenda
AGENDA • Company Overview • Business Strategy • Order Book • Key Highlights • Appendix A. Financial Highlights B. Major Projects Completed C. Major Projects Under Execution
Slide 3: Company Overview
Company Overview J. Kumar Infraprojects Limited, promoted by Mr. Jagdishkumar M. Gupta was incorporated in the year 1999 with an object to carry on the business as a builders, contractor or sub contractor. Our core competence and expertise is in the field of Transportation Engineering, Civil Constru
Slide 4: Business Verticals
Business Verticals Civil Piling Transportation Construction Irrigation Engineering Metro Rail (Underground & Hospital cum Medical College Earthen Dams Insitucast Piling Elevated) Railway Terminus & Station Minor Irrigation Tanks Precast Piling Flyovers, Bridges & Roads Other Civil Constructions Spil
Slide 5: Milestones
Milestones 2018 Revenue Crossed Rs. 20,000 MN 2016 Awarded With Mumbai Metro Projects worth Rs. 2015 67,174 MN • Awarded with Ahmedabad Metro Project worth Rs. 2013 2,781 MN Revenue Crossed Rs. • Fund raised through QIP of 10,000 MN Rs. 4,093 MN 2012 2008 Awarded with DMRC Project worth Rs. 14,072 L
Slide 6: Our Key Strengths
Our Key Strengths Operational capability in different types of Large fleet of owned machineries and infrastructure projects equipments We have wide ranging capabilities in different We have a large fleet of owned machinery and equipment infrastructure verticals including transport engineering, provi
Slide 7: Key Management Profile
Key Management Profile Mr. Jagdishkumar Gupta – Founder Promoter & Executive Chairman • Instrumental in setting up and for the growth of JKIL. Under his leadership, since its modest start in the year 1980, JKIL has expanded and grown as a Registered Class I-A construction company • His acumen has be
Slide 8: Other Board of Directors
Other Board of Directors Kusum J. Gupta • She has been associated with the company since May 2014 , and joined as ‘women director’ Director Padmanabh P. Vora • He is a Chartered Accountant by profession and has over 32 years experience in finance, banking and Independent Director management • He has
Slide 9: Key Managerial Personnel
Key Managerial Personnel Management Background He has a bachelor’s degree in civil engineering from Pune University and has over five decades of experience. S.M. Thorat He retired as a Superintendent Engineer after 37 years of service in PWD, Maharashtra, and has extensive experience in planning and
Slide 10: Key Managerial Personnel
Key Managerial Personnel Management Background He hold ASCE ( American Society of Civil Engineers ), TEE ( Certified Licensed Civil engineers of Greece ), Qatar Attestation (Attested Peter Andrikopoulos Civil Engineer by Qatar’s U.S. Embassy ) certification .he has over 35 years experience TBM Relat
Slide 11: Key Managerial Personnel
Key Managerial Personnel Management Background He holds a masters degree in geology and has over 25 years experience in soil investigation, rock anchoring, piling / micro piling, Shirish A. Kulkarni construction of diaphragm wall and rotary piling work for various types of structures. Vice President
Slide 12: Quarterly Financial Performance
Quarterly Financial Performance Turnover (Rs. in Mn) EBIDTA (Rs. in Mn) & EBITDA Margin 6000 1200 19.60% 5147 5000 1000 19.43% 19.40% 4000 3637 800 19.20% 3000 600 19.00% 2000 400 18.80% 18.75% 1000 200 18.60% 0 0 18.40% Q2 FY18 Q2 FY19 Q2 FY18 Q2 FY19 PBT (Rs. in Mn) & PBT Margin PAT (Rs. in Mn) &
Slide 13: Half Yearly Financial Performance
Half Yearly Financial Performance Turnover (Rs. in Mn) EBIDTA (Rs. in Mn) & EBITDA Margin 12,000 11,331 2500 18.30% 2,06418.22% 10,000 2000 18.20% 7,782 8,000 18.10% 1500 1391 6,000 18.00% 1000 4,000 17.90% 17.87% 500 17.80% 2,000 - 0 17.70% H1 FY18 H1 FY19 H1 FY18 H1 FY19 PBT (Rs. in Mn) & PBT Marg
Slide 14: Yearly Financial Performance
Yearly Financial Performance Turnover (Rs. in Mn) EBIDTA (Rs. in Mn) & EBITDA Margin 25,000 4,000 17.23% 17.30% 3,500 17.20% 20,000 3,000 17.10% 15,000 2,500 17.00% 2,000 10,000 16.82% 16.90% 1,500 16.80% 1,000 5,000 500 16.70% 16,043 20,507 2,817 3,497 0 0 16.60% FY17 FY18 FY17 FY18 PBT (Rs. in Mn)
Slide 15: Overview – Transport Engineering
Overview – Transport Engineering • In this business vertical, we are engaged in construction of Metro Rail (Underground & Elevated) Mono Rail, ROB’s, RUB’s, roads, flyovers, bridges, skywalks, airport runways and storm water drainage works • We have over 2 decades of experience in transport engineer
Slide 16: Overview – Piling
Overview – Piling • Piling is a specialized activity carried out with hydraulic piling rigs • We build pile foundations for buildings and flyovers, marine structures and offshore platforms • In 2007 we started a new piling division and we are one of the leading piling contractors in the country • Cu
Slide 17: Some of our Prestigious Projects…1
Some of our Prestigious Projects…1 ROB at Dahisar Flyover at Dindoshi, Mumbai Flyover at Hindmata Flyover at Dhanakwadi Bridge at Bandra -Mahim Balewadi Flyover, Pune Grade Separator, Pune Flyover at Panjarapole, Mumbai Skywalk at Bandra, Mumbai Skywalk at Cottengreen, Mumbai DMRC CC-24 Tunnel Flyov
Slide 18: Some of our Prestigious Projects…2
Some of our Prestigious Projects…2 DMRC CC-02 Kherwadi Flyover, Mumbai Mahape Flyover, Mumbai Sion-Panvel High Way Jogeshwari ROB, Mumbai Dhankawadi Flyover, Pune ESIC Hospital, Alwar Navi Mumbai Metro Flyovers being constructed across Maharashtra 18
Slide 19: Some of our Prestigious Projects…3
Some of our Prestigious Projects…3 Bandra Casting Yard MML-07 Malwani Casting Yard MML-02 Mumbai Metro Line - 07 Mumbai Metro Line - 02 Mumbai Metro Line - 03 Mumbai Metro Line - 03 Thane-Belapur Savita Chemical Mumbai Metro Line - 02 Metro being constructed across Mumbai 19
Slide 20: Large Fleet of Owned Machinery & Equipment
Large Fleet of Owned Machinery & Equipment Sr. No. Type of Equipment No. of Units Kind & Make 1 Tunnel Boring Machine 7 Terratec 2 Hydraulic Piling Rig 42 MAIT We believe that ownership of 3 Poclain/Excavators 28 Tata Hitachi/Komatsu machineries and equipment is our 4 Dumper & Tripper 81 Tata/Ashok
Slide 21: Business Strategy…1
Business Strategy…1 Increasing the order book On an expansion Increasing the mode in other scope of work for states of India each order Drive Revenue Enhancing pre- Associating qualification ourselves with strengths through larger projects strategic alliances Increasing fleet of Increasing Sectoral
Slide 22: Business Strategy…2
Business Strategy…2 Focus to remain on timely execution of projects Optimum utilization of Expansion of RMC Plant and Machinery division Do not intend to Moving up the Value Growth in undertake sub- Chain Net Profit contracting work We are poised to capture the growing infrastructure market with our
Slide 23: Growth in Order Book
Growth in Order Book 1,00,000 92,768 90,000 82,890 80,000 70,000 60,000 50,000 40,000 36,761 30,572 30,000 20,000 10,000 - Q2FY15 Q2FY17 Q2FY17 Q2FY19 Our Company has a strong order book 23
Slide 24: Order Book Details
Order Book Details All figures in Rs. Million Segment Wise Break-up Sub-segment Wise Break-up Metro - 606 Underground 10,643 10,643 Metro - Elevated Civil 10,422 Road 606 40,485 Irrigation 6,782 Transportation Irrigation 81,520 23,831 Flyover Civil Geographical Break-up Govt./Non Govt. Break-up 7,38
Slide 25: Key Customers
Key Customers Transportation Engineering Civil UPRNN Construction Vidharbh Irrigation Pimpri Irrigation Bambla Canal Irrigation Development Division, Division, Corporation Yavatmal Yavatmal Piling 25
Slide 26: Risks to our Business
Risks to our Business Project Execution 1 In transportation engineering contracts, we face execution risk mainly related to delay in execution due to land acquisition problems and environmental clearances, the primary responsibility of which rests with the government Geographical Concentration 2 His
Slide 27: Key Highlights
Key Highlights Leaders of this niche segment Experienced management Operate with margins better team then the industry Large fleet of owned Increasing and diversified machineries order book Huge macro potential Reputed client base - backed by proven execution Government and Private capabilities 27
Slide 28: Appendix
APPENDIX 28
Slide 29: Financial Highlights – Balance Sheet
Financial Highlights – BALANCE SHEET In Rs. MN Balance Sheet Extracts Fiscal 2016 Fiscal 2017 Fiscal 2018 Equity Share Capital 378 378 378 Reserves and Surplus 12,539 13,529 14,709 Loan Funds 3,537 4,368 5,804 Net Fixed Assets 4,974 5,826 8,422 Non - Current Assets 8,606 8,310 11,290 Current Assets
Slide 30: Financial Highlights – Profit & Loss Statement
Financial Highlights – PROFIT & LOSS STATEMENT In Rs. MN Profit & Loss Fiscal 2017 Fiscal 2018 Income from Operation 16,042 20,507 Other Income 311 285 Total Income 16,353 20,792 Growth % NA 27.83% Operating Expenses 13,537 17,295 EBIDTA 2,816 3,497 Depreciation 556 727 EBIT 2,260 2,770 Financial Ch
Slide 31: Major Projects Completed - Transportation Engineering
Major Projects Completed - Transportation Engineering Work Done (Rs. Name of Work executed Client In Mn) Construction of Eastern Freeway section from Panjarapol to Chembur Mankurd Link Road KM 0/000 to MMRDA 2,938 2/500 Design and Construction of Flyover on Dr Baba Saheb Ambedkar Road, Mumbai, Mahar
Slide 32: Major Projects Completed - Transportation Engineering
Major Projects Completed - Transportation Engineering Work Done Name of Work executed Client (Rs. in Mn) W.S.-2 - Cleaning and Improvement of SWD and nallas including increasing / reconstruction in C.A.No. 206 i.e. Rajendra Nagar MCGM 491 Nalla in R/C Ward, WS-3 - do -- C.A. No. 205 i.e. Mathre Nall
Slide 33: Major Projects Completed - Transportation Engineering
Major Projects Completed - Transportation Engineering Work Done Name of Work executed Client (Rs. in Mn) Work Code No.AW 53 - Widening and improvement of various roads in P/North Ward MCGM 281 ES 8 & ES 9: Improvement of Kannawar Nagar Nalla system and training of Bombay Oxygen Nalla MCGM 266 Develo
Slide 34: Major Projects Completed – Civil Construction, Irrigation
Major Projects Completed – Civil Construction, Irrigation Major Projects Completed – Civil Construction Work Done (Rs. Name of Work executed Client in Mn) Sadbhav Modernization & computerization of Integrated Border Check Posts at 22 locations in the State of Maharashtra Engineering 299 on Build, Op
Slide 35: Major Projects Under Execution
Major Projects Under Execution Value of uncompleted Contract value (Rs. in Name of the Project work (Rs. in Mn) as on Mn) 30.09.2018 Design and Construction of Underground Section including Four Underground Stations at Dharavi, B.K.C. Vidya Nagari 28,584 21,423 and Santa Cruz and Associated Tunnels
Slide 36: Major Projects Under Execution
Major Projects Under Execution Contract value (Rs. Value of uncompleted work Name of the Project in Mn) (Rs. in Mn) as on 30.09.2018 Design and Construction of elevated viaduct and 6 elevated stations viz. Aarey, Dindoshi, PathanWadi, Pushpa 3,602 2,132 Park, Bandongri and Mahindra & Mahindra [Exclu
Slide 37: Major Projects Under Execution
Major Projects Under Execution Value of uncompleted Contract value Name of the Project work (Rs. in Mn) as on (Rs. in Mn) 30.09.2018 Construction of Six Lane Bridge across Ulhas creek on proposed Motagaon- Mankoli Road on Contractor’s own design and Lump sum 1,362 1,016 basis in the State of Maharas
Slide 38: Disclaimer
Disclaimer This Information Package is distributed by J. Kumar Infraprojects Ltd. on a strictly confidential basis for information only. This Information Package and the information and projections contained herein may not be disclosed, reproduced or used in whole or in part for any purpose whatsoev
Slide 39: Contact details
Mr. Arvind Gupta (Chief Financial Officer) J. Kumar Infraprojects Ltd. Ph: +91-22-67743555 Email: arvind.gupta@jkumar.com Mr. Snighter A / Mr. Pratik Patil Concept Investor Relations Mo: +91 9819123804 / 8291510324 Email: snighter@conceptpr.com / pratik@conceptpr.com 39
Slide 40: Thank You
THANK YOU