Ashoka Buildcon Limited · NSE:ASHOKA
Ashoka Buildcon — Shareholder Meeting (September 2019)
23 slides from Ashoka Buildcon's shareholder meeting presentation, Sep 19, 2019
Slide 1: Exchange filing cover letter for AGM presentation
ASHOKi1 Ashoka Buildcon Limited To To The Manager The Manager The Department of Corporate Services The Listing Department BSE Limited National Stock Exchange of India Limited Floor 25, P. J. Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Mumbai —400001 Bandra (East), Mumbai —400051 Sept
Slide 2: Welcome Stakeholders - 26th Annual General Meeting
WELCOME STAKEHOLDERS 26th Annual General Meeting September 18, 2019
Slide 3: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Ashoka Buildcon Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securi
Slide 4: Highlights of the Year
Highlights of the Year Consolidated Revenue Crossed Rs.5,000 Crore mark in FY19 Achieved Financial Closure of all 5 HAM projects won during the FY 2017-18 Received Appointed Date for 3 HAM projects i) Khairtunda Barwa Adda, ii) Ankleshwar Manubar and iii) Belgaum Khanapur 3
Slide 5: Highlights of the Year
Highlights of the Year Received Arbitration Orders worth ~ Rs.650 Crore against various claims Forayed into Railway Segment with order-intake worth Rs.1,237 Crore in FY19 Morgan Stanley India Infrastructure Fund (MSII) committed Rs.150 Crore investment in CGD Business 4
Slide 6: Profitable Growth in last 5 years
Profitable Growth in last 5 years… Figures in Rs Cr Consolidated Revenue grew more than 2 times… … while Operating Profit (EBITDA) grew ~ 3 times 22% 34% 34% 33% 29% 5,007 1,471 3,655 1,191 2,912 3,061 1,032 999 2,349 503 FY15 FY16 FY17 FY18 FY19 FY15 FY16 FY17 FY18 FY19 Consolidated Revenue Include
Slide 7: Construction Business
CONSTRUCTION BUSINESS
Slide 8: Company Overview
Company Overview 4+ decades 10,000+ Presence In-house capabilities Equipment bank of 2,500 Construction experience Lane kms constructed Working in 18 States Nos. 21 16 INR 9,038 Cr* 4,000+ Operational + Under PPP projects Completed & Order Book (as on 30th June 2019) Employed in Ashoka Family constr
Slide 9: Construction Business
CONSTRUCTION BUSINESS
Slide 10: Leading EPC Company with over 4 decades of experience
Leading EPC Company with over 4 decades of experience Figures in Rs Cr Order Book of Rs.9,038 Cr., 2.5x FY19 Revenue Diversified Order Book 0.1% 9,038* 8,394 12.1% 7,005 9.2% 5,849 4,168 55.8% 22.9% Mar'16 Mar'17 Mar'18 Mar'19 Jun'19 Road BOT Road EPC Power T&D EPC Railways CGD * Including HAM Tumku
Slide 11: Consistent growth in EPC business
Consistent growth in EPC business… Figures in Rs Cr Revenue# - changing trajectory… … with stable operating profit & Margin 14% 17% 15% 15% 16% 3,936 631 2,546 391 2,025 2,085 338 1,904 315 264 FY15 FY16 FY17 FY18 FY19 FY15 FY16 FY17 FY18 FY19 # Includes other income 10
Slide 12: ...with stable profitability
…with stable profitability Figures in Rs Cr Stable Net Profit & Margin… Generating higher Cash Profit enables further growth 8% 5% 8% 9% 7% 362 290 286 237 226 206 176 160 147 119 FY15 FY16 FY17 FY18 FY19 FY15 FY16 FY17 FY18 FY19 11
Slide 13: BOT + HAM Portfolio
BOT + HAM Portfolio ABL Owned BOT Projects Ashoka Concessions Limited (ACL) BOT Projects ABL Stake BOT Projects ACL Stake 1 Belgaum Dharwad Road 100.0% 1 Ahmednagar Aurangabad Road 100.0% 2 Dhankuni Kharagpur Road 100.0% 2 Katni Bypass ^^ 99.9% 3 Sambalpur Baragarh Road 100.0% 4 Bhandara Maharashtra
Slide 14: Consistently maintaining toll collection
Consistently maintaining toll collection Figures in Rs Cr Adjusted for 23 days of 970 closure of toll collection due 974 976 to demonetization Delivering Consistent Growth in larger projects 907 913 Projects Growth (y-o-y) Sambalpur Baragarh 13% 775 Dhankuni Kharagpur 11% Belgaum Dharwad 4% Bhandara
Slide 15: Debt Profile
Debt Profile Consolidated Debt Break-up (Rs. Cr) Standalone Debt Break-up (Rs. Cr) 720 5,679 150 4,744 720 108 325 108 4 245 104 4,636 4,959 Mar'18 Mar'19 Equipment Loan Working Capital NCDs Mar'18 Mar'19 Increase in Standalone Debt on back of higher Project Debt Standalone Debt execution of Order B
Slide 16: City Gas Distribution (CGD)
-. . ome oy Gas Distribution > = =e al
Slide 17: CGD – tapping the vast opportunity
CGD – tapping the vast opportunity Cautiously Expanding CGD Portfolio Latur Devangere Chitradurga Ratnagiri Osamanabad Maharashtra Karnataka 16
Slide 18: Awards in 2018-19
aa “ Ta lel Awards in 2018-19
Slide 19: Awards and Recognitions
Awards and Recognitions ASHOKA Innovation in Design Award Infrastructure Person of The Year Award to bridge across River Roopnarayan to Mr. Satish Parakh by MORTH & NHAI at the Construction Week India Awards Ashoka Buildcon Ltd
Slide 20: Awards and Recognitions
Awards and Recognitions ASHOKA Infra Company of the Year Award Best Infra Company of the Year Award to Ashoka Buildcon Ltd. to Ashoka Buildcon Ltd. at the EPC World Awards at the CIA World Infra Awards Ashoka Buildcon Ltd
Slide 21: Awards and Recognitions
Power T & D Project Of the Year Award Best Highway Infrastructure Company Award to Chennai Power Project to Ashoka Buildcon Ltd. at the Construction Times Awards at The Global Awards for Excellence. Ashoka Buildcon Ltd
Slide 22: Awards and Recognitions
Easel Dream Companies to Work for Award Project of the Year Award to Ashoka Buildcon Ltd. to Eastern Peripheral Expressway by ET Now at Dun & Bradstreet Infra Awards Ashoka Buildcon Ltd
Slide 23: Thank You
in Ltd Ashoka Bui
Ashoka Buildcon — Shareholder Meeting (September 2019) on 6ix