Nila Infrastructures Limited · NSE:NILAINFRA
Nila Infrastructures — Investor Presentation (December 2021)
40 slides from Nila Infrastructures's investor presentation, Dec 3, 2021
Slide 1: Exchange submission letter for investor presentation
nin * @ a” NILA INFRASTRUCTURES LIMITED Nila/Cs/2021/123 Date: December 03, 2021 To, The General Manager The Manager Department of Corporate Services Listing Department . BSE Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Tower, Exchange Plaza, C-1, Block G, Dalal Street, Mumbai -
Slide 2: Investor Presentation 03 December 2021
INVESTOR PRESENTATION | 03 - DECEMBER - 2021
Slide 3: Executive Summary
Executive Summary Company Overview • Nila Infrastructures Ltd. established in 1990, initially operating as a city-based realtor, has now transformed into a diversified Infrastructure entity operating in Gujarat and Rajasthan. • It is listed on the BSE + NSE and has a market cap of ~INR 2,249.11 Mn a
Slide 4: Company Overview
COMPANY OVERVIEW
Slide 5: Company Overview – Nila Infrastructures Ltd.
Company Overview – Nila Infrastructures Ltd. Operational Revenue (INR Mn) and • A flagship unit of the Ahmedabad based Sambhaav Group, Nila EBITDA Margin* (%) 17% Infrastructures Limited is one of Gujarat’s leading companies engaged in turnkey civic urban infrastructure development. 11% • The Compan
Slide 6: Key Milestones
Key Milestones 2014 - 2021 • AMC awarded contract for Affordable Housing under Mukhya Mantri 2010 - 2013 Avas Yojana, Multi Level Parking, SRA • Launched 3 major 2006 - 2009 housing schemes - • Rajasthan Government, • First Urban Anvayaa, Anaahata VUDA award projects Development Project: and Atuulya
Slide 7: Key Differentiators
Key Differentiators Project Diversity Execution Proficiency • Affordable Housing Projects, Slum • The company has delivered 7,517 units Rehabilitation Projects, Multilevel under the Affordable Housing Scheme. Parking, Medical College Campus, BRTS • Established track record in satisfactorily Stations
Slide 8: Awards & Accolades
Awards & Accolades Awarded “The Redevelopment Project of the Year” at the Realty+ Awards 2019 - Giridharnagar Slum 2021 - Chhanajina Chhapra 7
Slide 9: Board of Directors
Board of Directors Mr. Manoj Vadodaria – CMD Mr. Kiran Vadodaria – Director • 40+ years of experience, knowledge, and insight in the • B.E. (Mechanical) from L.D. Engineering College, currently the construction industry; transformed Nila from a city-based realtor Chairman and Managing Director of Sa
Slide 10: Key Management Personnel
Key Management Personnel Deep Vadodaria - Chief Operating Officer • An original thinker with an immense reasoning power. With a problem-solving attitude, he addresses complex issues in his own distinctive manner with excellent operational and project execution skills, he is driving the company to ne
Slide 11: Business Mix
BUSINESS MIX
Slide 12: Area of Operations
Area of Operations EPC PPP • Affordable Housing • Slum Rehabilitation and Redevelopment • Civic Urban infrastructure • Development of Bus Ports • Private White Label Construction The company generally operates The company pays for the cost of on fixed price contracts, and Total Order-book break up c
Slide 13: Projects and Geographic diversity
Projects and Geographic diversity 12
Slide 14: Clientele
Clientele Ahmedabad Municipal Applewoods Estate Engineering Projects Venus Infra Ahmedabad Urban Corporation Pvt Ltd India Ltd (a Mini Ratna) Development Authority Adani Ports and Special Economic Zones Limited Vadodara Urban Adani Group Gujarat State Road Rajasthan Avas Vikas & Vyapti Group Develop
Slide 15: Infrastructure – Affordable Housing
INFRASTRUCTURE – AFFORDABLE HOUSING
Slide 16: Affordable Housing – Overview
Affordable Housing – Overview • The company was one of the first to venture into the Affordable Housing scheme in 2012 and is now a specialist in this segment. Revenue from Affordable Housing (INR Mn) • The company engages in the development of projects for EWS, LIG, and MIG sections in addition to
Slide 17: Order Book for Affordable Housing at 30th September 2021
Order Book for Affordable Housing at 30th September 2021 Total units Business Govt / Project Total Value Balance Name of the Project Location to be Completed Model Private Status (INR Mn)* (INR Mn)* constructed HNC Sabarmati (5) PPP Ahmedabad GOVT 2,198 WIP 2,834.8 0.03% 2,833.8 IC Vijaymill MHQ (8)
Slide 18: Completed Projects under Affordable Housing
Completed Projects under Affordable Housing Adani Pratham LIG 6 Girdharnagar • Employer -Adani Infrastructures and • Employer – AMC • Employer – AMC Developers Pvt. Ltd • Units – 608 LIG flats + 40 shops + 8 • Units – 609 flats + 21 shops • Units – 800 flats offices Sewasi & Vemali Khodiyar Nagar •
Slide 19: Completed Projects under Affordable Housing
Completed Projects under Affordable Housing EWS Package 1 & 4 Jodhpur RRC Bapunagar • Employer – AMC • Employer – RUDSICO • Employer – Vyapti • Units –1,992 flats • Units –1,072 flats • Units – 552 flats Kailash Nagar Anant Sky • Employer – AMC • Employer – Nila Spaces Ltd • Units – 196 flats • Unit
Slide 20: Industry Overview for Affordable Housing
Industry Overview for Affordable Housing Technology for to Access Construction Finance Technology Training & for Training Capacity& Construction Capacity Building Housing for Building • The Government targets to build 20 Mn urban and All by 2022 30 Mn rural houses by 2022. • Since May 2017, the Guja
Slide 21: Industry Overview for Affordable Housing: Key Initiatives
Industry Overview for Affordable Housing Key Initiatives: Driving Progress • Real Estate (Regulation and Development) Act, 2016 (RERA) for regulation and promotion RERA of the Real Estate Infrastructure Status • Infrastructure Status to Affordable Housing NUHF • National Urban Housing Fund (NUHF) -
Slide 22: Civic Urban Infrastructure
CIVIC URBAN INFRASTRUCTURE
Slide 23: Civic Urban Infrastructure – Overview
Civic Urban Infrastructure – Overview • The Company gained traction in Civic Urban Infrastructure, in 2006-07 as the flagship company of the Group Sambhaav Media Ltd was awarded construction of decorative AMTS Bus Stand in Ahmedabad. • The Company has undertaken a variety of projects under Civic Urb
Slide 24: Order book for Civic Urban Infrastructure at 30th September 2021
Order book for Civic Urban Infrastructure at 30th September 2021 Total Order-book break up CUI Segment Break up Affordable CUI EPC Housing 9% 100% 91% Govt / Total Value Balance Name of the Project Location Project Status Completed Private (INR Mn) (INR Mn) Modasa Bus-Port CF - Vyapnila Modasa GOVT
Slide 25: BRTS – A Success Story
BRTS – A Success Story BRTS Bus Stations Built By NILA (104 of 144) – Ahmedabad BRTS – A Success Story • Prime Contractor for Global Award Winning BRTS (Bus Rapid Transit System) project of AMC. 72% BRTS stations awarded to NILA (104 out of 144). • Total value ~ INR 630 Mn. 24
Slide 26: Industry Overview for Civic Urban Infra
Industry Overview for Civic Urban Infra • USD 950 Bn financing in the next 20 years to effectively build and run the urban cities by providing civic amenities, employment opportunities, and creating social infrastructure. • 28,360 MOUs signed, the maximum number of 21,889 were connected to the Micro
Slide 27: White Label Construction
WHITE LABEL CONSTRUCTION
Slide 28: White Label Construction
White Label Construction • Under White Label Construction, the company undertakes construction projects on an EPC/LSTK basis for reputed private developers. USP • 800 Affordable Housing units’ Residential complex project for Adani group. • Office building project for Adani Ports and Special Economic
Slide 29: Industrial and Logistics Parks
INDUSTRIAL AND LOGISTICS PARKS
Slide 30: Becharaji (Gujarat) – The next Auto-hub of India
Becharaji (Gujarat) – The next Auto-hub of India • Close proximity to Major all-weather ports viz., Kandla and Mundra, promise excellent access to global markets. Becharaji, Gujarat • This preempts huge long term investments by auto majors like Suzuki and Honda Motorcycles & Scooters in and around t
Slide 31: Becharaji (Gujarat) – The next Auto-hub of India
Becharaji (Gujarat) – The next Auto-hub of India Particulars Romanovia Industrial Park Pvt.Ltd. Kent Residential and Industrial Park LLP TVS Warehouse Nittsu Logistics Warehouse SMGPL Dormitory Project Images Ownership 50:50 Joint Venture between Nila Infrastructures Limited and the Kataria Group (
Slide 32: Way Forward – Infrastructure
Way Forward – Infrastructure • Affordable Housing has been granted “Infrastructure” status, serving as a stimulus to the segment. • Central Government has targeted the construction of 10 Mn houses per annum with demand growing at 6- 7 Mn per year due to population growth and nuclearisation of famili
Slide 33: Historical Financial Highlights
HISTORICAL FINANCIAL HIGHLIGHTS
Slide 34: Historical Income Statement – Standalone (IND-AS)
Historical Income Statement – Standalone (IND-AS) Particulars (INR Mn) FY2019 FY2020 FY2021 H1-FY2022 Income from Operations 2,258 2,510 1,011 448 Operating Expenses 1,878 2,223 920 410 EBITDA 380 287 91 38 EBITDA Margin (%) 16.83% 11.43% 9.00% 8.48% Finance Cost 130 169 161 82 Depreciation 19 17 18
Slide 35: Balance Sheet – Standalone (IND-AS)
Balance Sheet – Standalone (IND-AS) Equities & Liabilities (INR Mn) FY2020 FY2021 H1-FY2022 Assets (INR Mn) FY2020 FY2021 H1-FY2022 Shareholder Funds 1,433 1,439 1,445 Non Current Assets 1,313 1,532 1,711 (A) Equity Share Capital 394 (A) Property, Plant and 394 394 68 56 53 Equipment (B) Other Equit
Slide 36: Historical Income Statement – Consolidated (IND-AS)
Historical Income Statement – Consolidated (IND-AS) Particulars (INR Mn) FY2019 FY2020 FY2021 H1-FY2022 Income from Operations 2,138 2,435 969 391 Operating Expenses 1,779 2,150 871 355 EBITDA 359 285 98 36 EBITDA Margin (%) 16.79% 11.70% 10.11% 9.21% Finance Cost 130 169 161 82 Depreciation 19 17 1
Slide 37: Balance Sheet – Consolidated (IND-AS)
Balance Sheet – Consolidated (IND-AS) Equities & Liabilities (INR Mn) FY2020 FY2021 H1-FY2022 Assets (INR Mn) FY2020 FY2021 H1-FY2022 Shareholder Funds 1,355 1,350 1,339 Non Current Assets 1,175 1,314 1,480 (A) Property, Plant and (A) Equity Share Capital 394 394 394 68 56 53 Equipment (B) Other Equ
Slide 38: Consolidated Financial Performance (IND-AS)
Consolidated Financial Performance (IND-AS) Revenue (INR Mn) and EBITDA Margin (%) PAT (INR Mn) and PAT Margin (%) Debt to Equity Ratio 11.7% 6.5% 2,435 969 0.79 0.93 165 -6 10.1% FY2020 FY2021 FY2020 FY2021 FY2020 FY2021 NA Interest Coverage Ratio Current Ratio 2.29 2.17 1.58 0.49 FY2020 FY2021 FY2
Slide 39: Capital Market Information
Capital Market Information Price Data as on 30th November, 2021 Shareholding Pattern as on 30th September, 2021 CMP 5.71 No. of Shares (Mn) 393.89 Foreign Portfolio Investors 5.67% M.Cap (INR Mn) 2,249.11 Promoters Free Float (%) 38.10 61.90% Free Float (Mn) 856.91 52 week H/L 8.26/4.1 Public 32.43%
Slide 40: Disclaimer
Disclaimer No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events not current after the d
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