H.g. Infra Engineering Ltd. · NSE:HGINFRA
H.g. Infra Engineering — Q3 FY2021 Earnings Presentation
24 slides from H.g. Infra Engineering's earnings presentation, Jan 27, 2021
Slide 1: Cover letter to stock exchanges
CIN No.: L45201 BJ2003PLCO18049 HGIELI January 27, 2021 BSE Limited National Stock Exchange of India Limited Phiroze Jeej eebhoy Towers, Exchange Plaza, C-1, Block-G, Dalal Street, Bandra Kurla Complex, Bandra (East), Mumbai- 400 001 Mumbai- 400 05 I Scrip Code- 541019 Scrip Symbol- HGINFRA Dear Sir
Slide 2: Investor Presentation Q3 & 9MFY21
H.G. Infra Engineering Ltd. Investor Presentation Q3 & 9MFY21 H.G. Infra Engineering Ltd.
Slide 3: Agenda
Agenda 1 Q3 & 9MFY21 Financial Highlights 2 Q3FY21 Operational Highlights 3 A Steady Transformation 4 Growth Strategy 5 Historical Financials H.G. Infra Engineering Ltd. 2
Slide 4: Q3 & 9MFY21 Financial Highlights
Q3 & 9MFY21 Financial Highlights H.G. Infra Manoharpur Engineering Ltd. Dausa
Slide 5: Standalone profit & loss statement
Standalone profit & loss statement Rs mn Q3FY21 Q3FY20 YoY 9MFY21 9MFY20 YoY Revenue from operations 7,343 5,730 28.2% 14,997 15,733 -4.7% Cost of material consumed 3,376 2,539 7,229 6,546 Contract and site expenses 2,396 1,943 4,363 5,711 Employee expenses 315 270 796 823 Other expenses 76 96 167 2
Slide 6: Consolidated profit & loss statement
Consolidated profit & loss statement Rs mn Q3FY21 Q3FY20 YoY 9MFY21 9MFY20 YoY Revenue from operations 7,507 5,715 31.4% 15,460 15,829 -2.3% Cost of material consumed 3,376 2,539 7,229 6,546 Contract and site expenses 2,399 1,944 4,373 5,717 Employee expenses 319 272 807 829 Other expenses 99 111 22
Slide 7: Debt breakup
Debt breakup Consolidated Debt Breakup Standalone Debt Breakup 9% 39% 19% 61% 72% Standalone Debt Project Debt Term Loan Working Capital Promoters Loan Rs mn) Dec-20 (Rs mn) Dec-20 Standalone debt 2,602 Term loan + current maturities* 1,871 Working capital 499 Project debt 4,028 Promoters loan 232 T
Slide 8: Q3 FY21 Operational Highlights
Q3 FY21 Operational Highlights Uncha H.G. NaglaInfra Engineering Ltd.
Slide 9: Robust & well diversified order book
Robust & well diversified order book Unexecuted Value Project Awarding Authority (Rs mn) Client wise break-up: Private Optimum mix of Delhi Vadodara Pkg-9 NHAI 11,296 31% Govt. prime contracts and Mancherial - Repallewa Adani 8,241 69% select private projects Hapur Morradabad IRB - MRM 8,028 Delhi V
Slide 10: HAM project details
HAM project details Completion Grant Total Invested Debt as on Awarding Kms BPC Status as on Project State Amount Debt Equity 31st Dec ’20 authority Lanes (Rs. mn) 31st Dec ’20 (Rs. mn) (Rs. mn) (Rs. mn) (Rs. Mn) (%) Gurgaon-Sohna NHAI Haryana 12.7 6,060 2,424 2,879 574.5 1,939.5 72% (Rajiv chowk) R
Slide 11: A Steady Transformation
A Steady Transformation H.G. Infra Manoharpur Engineering Ltd. Dausa
Slide 12: What we were…
What we were… An upcoming subcontractor with presence majorly in Rajasthan Experience in 2 states Revenue Rs 3,317mn 50%+ Revenue from Employees 600+ sub-contracting Gross Block Avg. ticket size Rs 500mn Rs 1,489mn EPC pre-qualification Order Book Rs 2,500mn Rs 10,677mn All financials are for FY15 H
Slide 13: What we are…
What we are… A leading road infra developer with pan India presence Experience in 8 states Revenue Rs 21,961mn ~25% Revenue from Employees 2,300+ sub-contracting Gross Block Avg. ticket size Rs 1,800mn Rs 6,898mn EPC pre-qualification Order Book Rs 20,000mn Rs 59,710 mn (As on Dec 31st , 2020) All f
Slide 14: While maintaining these along the way…
While maintaining these along the way… Discipline in selecting orders, focusing on Balance Sheet & delivering consistent financial performance EBITDA Margin Return on Capital Employed 14.9% 15.1% 15.6% 32% 32% 28% FY18 FY19 FY20 FY18 FY19 FY20 Working Capital Cycle Debt to Equity Debtor Days Invento
Slide 15: Growth Strategy
Growth Strategy H.G. Infra Engineering Ltd. Bhilwara-Gulabpura
Slide 16: Growth strategy
Growth strategy Well placed to tap opportunities in Look at opportunities beyond road core road sector in other infra sectors ✓ Continued focus on EPC projects with ✓ De-risk business by expanding in following selective HAM projects – HAM to sectors: constitute up to ~25% of order book • Railways: p
Slide 17: Historical Financial Highlights
Historical Financial Highlights H.G. Infra Manoharpur Engineering Ltd. Dausa
Slide 18: Financial performance
Financial performance Revenue EBITDA PAT 1,657 21,961 3,424 20,098 3,032 1,236 13,927 2,081 842 FY18 FY19 FY20 FY18 FY19 FY20 FY18 FY19 FY20 EBITDA Margin PAT Margin EPS 7.5% 14.9% 15.1% 15.6% 25.43 6.1% 6.1% 18.96 15.39 FY18 FY19 FY20 FY18 FY19 FY20 FY18 FY19 FY20 H.G. Infra Engineering Ltd. 17
Slide 19: Standalone profit & loss statement
Standalone profit & loss statement (Rs mn) FY20 FY19 FY18 Revenue from operations 21,961 20,098 13,927 Cost of material consumed 8,926 8,919 5,462 Contract and site expenses 8,137 6,665 5,475 Employee expenses 1,114 1,191 761 Other expenses 360 291 148 Total Operating expenses 18,538 17,066 11,847 E
Slide 20: Standalone balance sheet
Standalone balance sheet Rs mn Sep’20 Mar’20 Rs mn Sep’20 Mar’20 Share Capital 652 652 4,870 Fixed Assets incl. CWIP 4,635 Reserves 8,045 7,564 Other Financial Assets 2,143 1,138 Shareholders' Funds 8,697 8,216 Other Non Current Assets 183 207 Secured Loans 477 640 Total Non-Current Assets 6,961 6,2
Slide 21: Consolidated profit & loss statement
Consolidated profit & loss statement (Rs mn) FY20 FY19 FY18 Revenue from operations 22,171 20,145 13,927 Cost of material consumed 8,926 8,919 5,462 Contract and site expenses 8,158 6,666 5,475 Employee expenses 1,123 1,194 761 Other expenses 408 320 148 Total Operating expenses 18,615 17,099 11,847
Slide 22: Consolidated balance sheet
Consolidated balance sheet Rs mn Sep’20 Mar’20 Rs mn Sep’20 Mar’20 Share Capital 652 652 4,872 Fixed Assets incl. CWIP 4,641 Reserves 8,192 7,611 Other Financial Assets 1,468 1,150 Shareholders' Funds 8,843 8,263 Other Non Current Assets 265 255 Secured Loans 3,233 2,130 Total Non-Current Assets 6,3
Slide 23: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by HG Infra Engineering 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 s
Slide 24: Thank You
Thank You HG Infra Engineering Ltd Rajeev Mishra, CFO Rajeev.mishra@hginfra.com III Floor, Sheel Mohar Plaza, A-1, Tilak Marg, C-Scheme, Jaipur - 302001 Pareto Capital (Investor Relations) Pooja Dokania pooja.dokania@paretocapital.in Rishav Das rishav.das@paretocapital.in 210, B Wing, Kanakia Wall S
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