Slide 1: Stock exchange covering letter for investor presentation
CAPACIT'E INFRAPROJECTS LIMITED Ref : CIL/STEX 3OIQ4FY22 Date : May 27,2022 To The Secretary, The Secretary, BSE Limited National Stock Exchange of !ndia Limited Corporate relation Dept, Plot No. Cl1, G Block, P.J. Towers, Bandra Kurla Complex Dalal Street, Fort, Bandra (East) Mumbai-400 001 Mumbai-
Slide 2: Capacit'e Infraprojects Ltd. Investor Presentation Q4 FY22
Brigade Group - World Trade Centre, Chennai Capacit'e Infraprojects Ltd. On a Long-term Growth Path… Investor Presentation Q4 FY22 May 2022 1
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Capacit'e Infraprojects Ltd. (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any
Slide 4: Q4FY22 Standalone Performance
Q4FY22 Standalone Performance 3
Slide 5: Our Strategic focus… scale up execution
Our Strategic focus… scale up execution Private Order Order Book Public Order Book Contribution Book Contribution ~41% ₹ 8,702 Crores ~59% Large Developers with Strong Balance CIDCO, MCGM & Others Sheets and backed by Global Funds FY22 Total Income FY22 EBITDA FY22 PAT ₹ 1,347.9 Crs ₹ 226.6 Crs ₹ 44
Slide 6: Q4FY22 Performance
Q4FY22 Performance Revenue from Operations (₹ In Crs) Lockdown Impact ✓ Execution focus on all ongoing projects as all the sites are adequately provided for with resources like manpower, raw material and equipment ✓ Q4 revenue impacted to the extent of Rs ~45 crores due to change in contract 369 366
Slide 7: EBITDA and PAT…impacted by lockdown
EBITDA and PAT…impacted by lockdown EBITDA (₹ In Crs) PAT (₹ In Crs) 78.5 Lockdown 24.4 Impact 59.9 Lockdown Impact 65.2 62.3 57.3 17.2 41.8 12.8 10.4 4.3 Q4FY21 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q4FY21 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Scale benefits and cost optimization efforts continue to be focus area Tran
Slide 8: FY22 Financial highlights
FY22 Financial highlights Total Income (₹ in Crs) EBITDA (₹ in Crs) PBT (₹ in Crs) 1,347.9 226.6 60.8 908.4 165.2 4.8 FY21 FY22 FY21 FY22 FY21 FY22 PAT (₹ in Crs) Cash PAT* (₹ in Crs) 44.7 143.8 93.3 1.8 FY21 FY22 FY21 FY22 Transforming Vision into reality 7 *Cash PAT = TCI + Depreciation
Slide 9: Q4 FY22 Standalone Profit & Loss
Q4 FY22 Standalone Profit & Loss Particulars (₹ In Crs) Q4FY22 Q4FY21 Y-o-Y Q3FY22 Q-o-Q FY22 FY21 Y-o-Y Revenue from Operations 345.9 369.0 -6.3% 365.5 -5.4% 1,334.8 879.7 51.7% Other Income 1.6 12.1 5.1 13.1 28.7 Total Income 347.5 381.0 -8.8% 370.6 -6.2% 1,347.9 908.4 48.4% Cost of Material Consu
Slide 10: Strong Standalone Balance Sheet
Strong Standalone Balance Sheet ASSETS (₹ In Crs) Mar'22 Mar’21 EQUITY & LIABILITIES (₹ In Crs) Mar'22 Mar’21 NON-CURRENT ASSETS 932.2 1,006.5 EQUITY 974.0 929.0 Property, plant & equipment 679.2 650.9 Capital work-in-progress 13.7 5.9 Equity Share capital 67.9 67.9 Intangible assets 0.8 1.0 Other e
Slide 11: Standalone Cash Flow Statement
Standalone Cash Flow Statement Cash Flow Statement (₹ In Crs) FY22 FY21 PBT 60.8 4.8 Adjustments 176.0 163.6 Operating profit before working capital changes 236.8 168.5 Changes in working capital -176.9 -83.1 Cash generated from operations 59.9 85.4 Direct taxes paid (net of refund) -25.5 -9.9 Net C
Slide 12: Strengthening Balance Sheet
Strengthening Balance Sheet… Gross Debt (₹ in Crs) Net Debt (₹ in Crs) 328 128 274 88 278 External Debt 222 Promoter Debt 52 50 Q3FY22 Q4FY22 Q3FY22 Q4FY22 Debt to Equity Net Debt to Equity (Q4FY22) (Q4FY22) 0.34x 0.13x Transforming Vision into reality 11
Slide 13: Working capital efforts
Working capital efforts Debtor (₹ in Crs) Collections (₹ In Crs) Creditor (₹ in Crs) Working Capital (₹ in Crs) 564 1,128 1,172 528 606 530 448 411 FY21 FY22 FY21 FY22 FY21 FY22 FY21 FY22 ✓ Witnessed robust cash flow management ✓ Debtors including retention monies has stabilized ✓ Collected ₹ 1,172
Slide 14: Order Book Details as on 31st March 2022
Order Book Details as on 31st March 2022 Order Backlog (₹ in Crs) Project Split Category wise split 10,484 8,720 8,702 5,682 7,177 4,289 19% 30% FY17 FY18 FY19 FY20 FY21 FY22 56% Order Inflow (₹ in Crs) 15% 81% 6,001 3,629 Residential 2,446 148 616 High Rises Super Rises Commercial & Instutitions Mi
Slide 15: Healthy Order Book to support Revenue uptick
Healthy Order Book to support Revenue uptick (Standalone) (Under an Integrated SPV) ✓ Diversified Orderbook across clientele ✓ Execution focus on projects for Public Private MHADA marquee clients in private & public sector, profitable working capital Sector Sector cycle and projects with last mile c
Slide 16: Development of Multi-specialty Hospital under M.C.G.M
Development of Multi-specialty Hospital under M.C.G.M Key Project Won in FY23 Objective • A well conceptualised medical institution, fulfilling basic norms of Indian Public Health Standards and well planned adhering to the prevailing Development Control Rules of M.C.G.M • Location of the plot is mor
Slide 17: BDD Chawl Project – Execution Commenced
BDD Chawl Project – Execution Commenced Integrated SPV Contract Value Project is part of an Integrated Contact Value is 11,744 crore; SPV between Capacite likely to be increased on Infraprojects, Tata Projects and account of revision in scope CITIC Construction Scope of Work Commencement Designing &
Slide 18: Poised for Growth…
Poised for Growth… Our pace of execution was initially challenged at the start Execution 01 02 Working Capital Management Working capital is on an of the pandemic. We have re- improving trend gained our pace of execution ROCE 9.5% and going forward, expect to book a major chunk in of our 6.2% orderb
Slide 19: Industry Dynamics to benefit organized large players
Industry Dynamics to benefit organized large players Government Push Government focus on infrastructure creation coupled with favourable policies for the Real 01 estate sector augurs well and will provide sustained uptick in execution over the next few quarters Consolidation 02 Consolidation in the
Slide 20: Our Business Model
Our Business Model 19
Slide 21: Developed our service portfolio by capturing the complexities
Developed our service portfolio by capturing the complexities … 2018 Onwards 04 High Rise Super High Rise Gated Communities Commercial Office Multi Level Car Parks Hotels + Hospitals Data Centers Factory Construction Malls 2016 Onwards 03 High Rise Super High Rise Gated Communities + Commercial Offi
Slide 22: ... & built a sustainable model
... & built a sustainable model Sustainable Model: Timely Orderbook Execution + Technology Focus + Large Opportunity = SUSTAINABLE PROFITABILITY Factory & Buildings (F&B) Leveraging Ecosystem Focus on High & Super High-Rise buildings with Maximize existing Assets & human high degree of complexity in
Slide 23: Hybrid Service Portfolio = Private + Public
Hybrid Service Portfolio = Private + Public Efficiency 01 04 Opportunity Benefit from the Large Central Schemes of Enhances the multi fold construction the Government aimed towards Better opportunity in the world’s fastest Hospitals, Public Housing, Airports, growing economy, for a young company amo
Slide 24: Hybrid Service Portfolio – Builds Diversity
Hybrid Service Portfolio – Builds Diversity FY18 FY19 FY20 FY21 FY22 13% 13% Sector wise Split 40% 41% 100% 60% 59% 87% 87% Public Private Orderbook Size Public Order Book Public Order Book Public Order Book Public Order Book ₹ 915 Crs ₹ 5,713 Crs ₹ 5,440 Crs ₹ 5,148 Crs Private Order Book + + + + ₹
Slide 25: Strategic Priorities
Strategic Priorities Marquee Clientele Account Groups Design & Build Lean Balance Sheet Cash Flows Work with Large and Deepen the culture of account Design & Build projects, Most sustainable Strong Cash Flow Focus Liquid public & private driven approach, in which we attracting lump sum companies hav
Slide 26: Project Profile
Project Profile 25
Slide 27: World Trade Center – Brigade Group
World Trade Center – Brigade Group Transforming Vision into reality 26
Slide 28: Our Creation (1/5)
Our Creation (1/5) Lodha – The Park Piramal – Mahalaxmi Oberoi - Juhu Bungalow Transforming Vision into reality 27
Slide 29: Our Creation (2/5)
Our Creation (2/5) Lodha – Altamount SBUT Nahar - Excalibur Transforming Vision into reality 28
Slide 30: Our Creation (3/5)
Our Creation (3/5) Four Seasons Auris Serenity Kalpataru Immensa Oberoi Enigma Transforming Vision into reality 29
Slide 31: Our Creation (4/5)
Our Creation (4/5) Neelkantha - Thane Godrej Emerald Transforming Vision into reality 30
Slide 32: Our Creation (5/5)
Our Creation (5/5) Lodha - Splendora Hiranandani – The Park Transforming Vision into reality 31
Slide 33: Strong Financials to Achieve Growth
Strong Financials to Achieve Growth On A Long-Term Growth Path… 32
Slide 34: Robust Order Book making us ready…for the future growth…
Robust Order Book making us ready…for the future growth… Order Book to Sales Ratio Order Book (₹ in Crs) (No. of years) 9.9 10,484 8,720 8,702 6.7 6.5 7,177 5,682 4.2 3.9 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 Transforming Vision into reality 33
Slide 35: Profit & Loss Statement
Profit & Loss Statement Particulars (₹ In Crs) FY22 FY21 FY20 FY19 FY18 Revenue from Operations 1,335 880 1,529 1,788 1,336 Other Income 13 29 25 37 24 Total Income 1,348 908 1,554 1825 1,360 Cost of Material Consumed (Incl. Construction Expenses) 931 602 1,064 1,320 966 Employee Expenses 109 79 137
Slide 36: Balance Sheet
Balance Sheet ASSETS (₹ In Crs) Mar'22 Mar’21 Mar’20 Mar’19 Mar’18 EQUITY & LIABILITIES (₹ In Crs) Mar'22 Mar’21 Mar’20 Mar’19 Mar’18 NON-CURRENT ASSETS 932 1,006 942 726 541 EQUITY 974.0 929 926 843 749 Property, plant & equipment 679 658 646 539 409 Equity Share capital 67.9 68 68 68 68 Capital wo
Slide 37: Standalone Cash Flow Statement
Standalone Cash Flow Statement Cash Flow Statement (₹ In Crs) FY22 FY21 FY20 PBT 61 5 103 Adjustments 176 164 171 Operating profit before working capital changes 237 168 275 Changes in working capital -177 -83 118 Cash generated from operations 60 85 393 Direct taxes paid (net of refund) -25 -10 -37
Slide 38: For further information, please contact
For further information, please contact Company : Investor Relations Advisors : Capacit'e Infraprojects Ltd. Strategic Growth Advisors Pvt. Ltd. CIN - L45400MH2012PLC234318 CIN - U74140MH2010PTC204285 Mr. Alok Mehrotra (President, Corporate Finance) Mr. Shogun Jain / Mr. Mandar Chavan ir@capacite.in