Ncc Limited · NSE:NCC
Ncc — Investor Presentation (May 2024)
29 slides from Ncc's investor presentation, May 15, 2024
Slide 1: NCC Limited Investor Presentation
NCC LIMITED INVESTOR PRESENTATION May 15, 2024 Copyright © 2017 NCC Limited 1
Slide 2: Disclaimer
Disclaimer This presentation contains certain forward looking statements concerning NCC’s future business prospects and business profitability, which are subject to a number of risks and uncertainties and the actual results could materially differ from those in such forward looking statements. The r
Slide 3: Building Infrastructure Milestones
BUILDING INFRASTRUCTURE MILESTONES Copyright © 2022 NCC Limited 3
Slide 4: Company Overview, Financials, Projects Snapshot, Our Value Proposition
COMPANY OVERVIEW FINANCIALS PROJECTS SNAPSHOT OUR VALUE PROPOSITION Copyright © 2022 NCC Limited 4
Slide 5: Company Overview
Company Overview Copyright © 2022 NCC Limited Tinsukia Medical College, Assam 5
Slide 6: Company Overview
Company Overview Second largest listed construction company by revenue Pan India Presence Strong Governance credentials (Four independent directors, Independent Director as Chairman & One non- EPC company with executive, non-independent in-house design and Director) engineering capabilities Well Div
Slide 7: Company Overview: Business Verticals
Company Overview: Business Verticals Water & Irrigation Buildings Transportation Electrical (T&D) Mining Railways Environment • Hospitals & • Access Controlled • Water supply • Transmission and • Dams & • Overburden • Civil EPC Medical colleges Highways projects distribution lines Reservoirs Removal
Slide 8: Company Overview: Group Structure
Company Overview: Group Structure S. No. Particulars FY24 Revenue Mix % 1 Construction 97.77% (NCC Limited, Pachhwara Coal Mining Private Limited, J Kumar NCC Private Limited and Others) 2 Real Estate 1.80% (NCC Urban Infrastructure Limited) 3 Others 0.43% (BOT Roads & Others) Total 100.00% Copyrigh
Slide 9: Company Overview: Client List
Company Overview: Client List Chennai Metro Rail Ltd MSRDC Copyright © 2022 NCC Limited 9
Slide 10: Financials
Financials CCS International Airport, Lucknow Copyright © 2022 NCC Limited 10
Slide 11: Financials: Order book & Revenue mix (FY24)
Financials: Order book & Revenue mix (FY24) ORDER INFLOW Rs. 27,283 Cr. ORDER BOOK FY24 Rs. 57,536 Cr. 2% 0% 1% 0% 10% 8% 24% 39% 20% 33% 21% 12% 12% 17% Buildings Transportation Water & Railways Electrical (T&D) Irrigation Mining Others Buildings Transportation Water & Railways Electrical (T&D) Irr
Slide 12: Key Financial Nos: FY24 (Standalone)
Key Financial Nos: FY24 (Standalone) Order Book Revenue EBIDTA Rs 51,843 crore 13% Y-o-Y Rs 18,439 crore 37% Y-o-Y Rs 1,648 crore 9.0% of Revenue ₹ Profit after Tax Earnings per Share Net Debt Rs 631 crore 3.4% of Revenue ₹ Rs 10.06 Rs 517 crore ₹ Copyright © 2022 NCC Limited 12
Slide 13: Key Financial Nos: FY24 (Consolidated)
Key Financial Nos: FY24 (Consolidated) Order Book Order Inflow Revenue Rs 57,536 crore Rs 27,283 crore Rs 20,971 crore 15% Y-o-Y 5% Y-o-Y 34% Y-o-Y EBIDTA Profit after Tax Net Debt Rs 1,783 crore 8.5% of Revenue ₹ Rs 711 crore 3.4% of Revenue ₹ Rs 428 crore ₹ Copyright © 2022 NCC Limited 13
Slide 14: Financials: FY24 & Q4 (Standalone)
Financials: FY24 & Q4 (Standalone) Revenue (Rs Crore) EBITDA (Rs Crore) PAT (Rs Crore) FY24 Highlights 10.1% 9.0% 4.2% 3.4% 18,439 1,648 13,504 1,343 631 569 FY23 FY24 FY23 FY24 FY23 FY24 Revenue (Rs Crore) EBITDA (Rs Crore) PAT (Rs Crore) Q4 Highlights 10.6% 9.4% 4.4% 3.4% 5,488 510 187 4,047 424 1
Slide 15: Financials: FY24 & Q4 (Consolidated)
Financials: FY24 & Q4 (Consolidated) Revenue (Rs Crore) EBITDA (Rs Crore) PAT (Rs Crore) FY24 Highlights 9.4% 8.5% 4.1% 3.4% 20,971 1,783 15,701 1,459 711 609 FY23 FY24 FY23 FY24 FY23 FY24 EBITDA (Rs Crore) PAT (Rs Crore) Revenue (Rs Crore) 9.4% 8.7% 3.8% 3.7% Q4 Highlights 6,530 564 4,981 239 465 1
Slide 16: Standalone Revenue, Gross Profit, EBITDA, PAT
Standalone Rs. Crores 12months Q4 Particulars Reported Excl. Claims Reported Change Growth Reported Excl. Claims Reported Change Growth YoY YoY FY24 FY24 FY23 FY24 FY24 FY23 Revenue 18439 18639 13504 5135 38% 5488 5488 4047 1440 36% Gross Profit 2590 2790 2170 620 29% 771 771 634 137 22% 14.1% 15.1%
Slide 17: Financials: SPV - Pachhwara Coal Mining
Financials: SPV - Pachhwara Coal Mining Activity Mine Developer & Operator (MDO) Operative Since 12 Dec 2018 Presently Pachhwara North Coal Block, Pakur District, Jharkhand Operating @ NCC Share in SPV 51% (%) Client West Bengal Power Development Corporation Ltd (WBPDCL) Project Duration 30 years In
Slide 18: Financials: Subsidiary Companies - NCC Urban
Financials: Subsidiary Companies - NCC Urban Operative (Rs Crore) 08 Dec 2005 ❖ Completed 10 million sft of Since built-up area. Activity Real Estate Presently Bengaluru, Hyderabad, Chennai, Kochi, ❖ Under Construction 4 Operating @ Guntur, Ranchi million sft of built-up area. NCC Share (%) 80% ❖ Fu
Slide 19: Financials: Historical (Standalone)
Financials: Historical (Standalone) TURNOVER EBIDTA & PAT 20000 18439 1800 1648 18000 1600 16000 1400 1343 13504 14000 10038 1200 1030 12000 996 Rs Crore 8370 1000 855 10000 7362 800 631 8000 569 600 490 6000 382 4000 400 261 2000 200 0 0 FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 Year EBIDTA
Slide 20: Financials: Historical (Consolidated)
Financials: Historical (Consolidated) TURNOVER Order Book 25000 70000 20971 57536 60000 20000 50244 50000 15701 39361 37911 15000 11209 Rs Crore Rs Crore 40000 26572 9014 30000 10000 8065 20000 5000 10000 0 0 FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 Year Year Networth & ROE 7000 6640 12.0%
Slide 21: Financials: Significant Updates for Q4 and FY24
Financials: Significant Updates for Q4 and FY24 ➢ Reported highest ever Order Book, Revenue, EBITDA and Profits (Rs crore). ➢ Settled major legacy issues like Sembcorp, TAQA and GEVPL. ➢ Entered the new segment of Smart Meters and bagged three projects worth Rs 8080 crore. Already started field tria
Slide 22: Financials: Significant Updates for Q4 and FY24
Financials: Significant Updates for Q4 and FY24 ➢ Fasttrack execution of the SWSM (Jal Jeevan projects) of more than Rs 6000 crore in the current financial year. ➢ Realized the two equity instalments (Rs 120 crore) in the current year for the vizag real estate divestment. ➢ Credit Rating of the comp
Slide 23: Projects Snapshot
Projects Snapshot Pune Metro Project Copyright © 2022 NCC Limited 23
Slide 24: Projects Snapshot: Major Projects Executed
Projects Snapshot: Major Projects Executed AIIMS, Bilaspur District Makara Dhokra, Maharashtra Tinsukia Medical College, Assam Pune Metro Rail Ongole STP, AP Nagpur-Mumbai Expressway Copyright © 2022 NCC Limited 24
Slide 25: Projects Snapshot: Major Projects Completed
Projects Snapshot: Major Projects Completed Bhilwara WSP, Rajasthan Shakti Bhawan, Bhubaneswar IIT Delhi IIT Patna Biswa Bangla University, Bolpur, WB Nandyal WTP, AP Copyright © 2022 NCC Limited 25
Slide 26: Projects Snapshot: Major Projects Completed
Projects Snapshot: Major Projects Completed Metro Rail Project Bengaluru CCS International Airport, Lucknow Ramsar-Sheo WSP, Barmer, Rajasthan IIT Ropar, Punjab Vizianagaram Medical College, AP Nalanda University, Bihar Copyright © 2022 NCC Limited 26
Slide 27: Projects Snapshot: Major Projects under Execution
Projects Snapshot: Major Projects under Execution Design, supply, install & commission Advance 5,756 Cr Construction of Viaduct & Stations for Bangalore Metering Infrastructure (AMI) in Maharashtra Metro Rail, Bangalore 2,167 Cr Construction of One of the Largest Waste water International Trade Towe
Slide 28: Value Proposition
Successfully executed > 1000 projects Conservative bidding strategy for long term value creation Value Proposition High networth to qualify for large/ strategic projects Strong financial fundamentals Diversified order book of more than Rs 56000 cr Consistent dividend payments Digitization for sustai
Slide 29: Thank you
Thank you www.ncclimited.com