Slide 1: Cover letter to stock exchanges
KNR Constructions Limited. Date: 30th May 2022 Ref: KNRCL/SD/2022/417&418 To, To, The Manager The Manager, BSE Limited, National Stock Exchange of India Limited, P J Towers, Dalal Street, Exchange Plaza, Bandra Kurla Complex, Fort, Mumbai – 400001 Bandra (E), Mumbai – 400051. Scrip code: 532942 Scri
Slide 2: KNR Constructions Limited Investors Presentation May 2022
ALIGNED TO THE NATION’S INTEREST KNR CONSTRUCTIONS LIMITED Investors Presentation May 2022
Slide 3: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by KNR Constructions 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 secu
Slide 4: Key Highlights & Result Update
Key Highlights & Result Update
Slide 5: Quarterly Key Highlights
Quarterly Key Highlights ❑ Financial Closure Achieved ✓ SPV (KNR Ramagiri Infra Pvt. Ltd.) achieved financial closure as on 30th March 2022 ❑ Acquisition of Manjeri City Infrastructures and Developers LLP and Benedire Infrastructures and Developers LLP ✓ Total Investment of Rs. 369.5 million ✓ To fa
Slide 6: Financial Highlights
Financial Highlights Rs. Million Revenue EBITDA EBITDA Margins PAT +8% +14% +111 bps +47% 10,107 2,080 19.5% 20.6% 1,128 9,358 1,822 Quarter 4 770 Q4 FY21 Q4 FY22 Q4 FY21 Q4 FY22 Q4 FY21 Q4 FY22 Q4 FY21 Q4 FY22 Revenue EBITDA EBITDA Margins PAT Twelve Months +21% +26% +90 bps +56% 32,726 6,777 19.8%
Slide 7: Standalone Financial Results
Standalone Financial Results Standalone Rs. Million Q4 FY22 Q4 FY21 YoY Q3 FY22 QoQ FY22 FY21 YoY Total Revenue 10,107.4 9,357.9 8% 7,663.0 32% 32,726.0 27,026.3 21% Operating Expenses 7,049.7 6,077.2 5,048.5 21,972.1 17,364.3 Employees Expenses 409.6 348.3 342.5 1,447.7 1,320.9 Other Expenditure 56
Slide 8: Standalone Balance Sheet
Standalone Balance Sheet ASSETS (Rs. Million) Mar-22 Mar-21 EQUITY & LIABILITIES (Rs. Million) Mar-22 Mar-21 Non-Current Assets Equity Property, plant and equipment 4,143.9 3,376.8 Capital work-in-progress 206.2 23.8 Equity Share capital 562.5 562.5 Right of Use Asset 93.1 14.7 Other equity 21,857.2
Slide 9: Consolidated Financial Results
Consolidated Financial Results Consolidated Rs. Million Q4 FY22 Q4 FY21 YoY Q3 FY22 QoQ FY22 FY21 YoY Total Revenue 11,020.8 9,905.2 11% 8,546.4 29% 36,058.3 29,036.4 24% Operating Expenses 7,094.6 6,134.8 5,088.1 22,265.7 17,489.8 Employees Expenses 418.2 349.6 344.0 1,460.5 1,331.3 Other Expenditu
Slide 10: Consolidated Balance Sheet
Consolidated Balance Sheet ASSETS (Rs. Million) Mar-22 Mar-21 EQUITY & LIABILITIES (Rs. Million) Mar-22 Mar-21 Non-Current Assets Property, plant and equipment 4,579.5 3,403.3 Equity Capital work-in-progress 206.2 23.8 Equity Share capital 562.5 562.5 Right of Use Asset 93.1 14.7 Instruments entirel
Slide 11: Standalone Net Working Capital Days
Standalone Net Working Capital Days 82 79 69 63 52 48 53 53 55 57 52 40 43 41 36 45 28 26 23 25 18 20 19 20 20 20 16 16 15 15 15 17 16 13 14 14 7 98 10 66 45 64 51 74 53 39 12 45 40 78 117 95 Mar-10 Mar-11 Mar-12 Mar-13 Mar-14 Mar-15 Mar-16 Mar-17 Mar-18 Mar-19 Mar-20 Mar-21 Mar-22 Inventory Debtors
Slide 12: Cash Flow Statement
Cash Flow Statement Standalone Consolidated Particulars (Rs. Million) FY22 FY21 FY22 FY21 Net Profit Before Tax 5,787.9 3,811.3 5,633.8 5,197.9 Adjustments for: Non-Cash Items / Other Investment or Financial Items 1,130.1 1,959.3 1,847.0 1,022.5 Operating profit before working capital changes 6,917.
Slide 13: Debt Profile
Debt Profile Standalone Consolidated Particulars (Rs. Million) Mar-22 Mar-21 Particulars (Rs. Million) Mar-22 Mar-21 Working Capital Loans 0 7 Standalone Gross Debt 0 7 Equipment Loans / Term Loans 0 0 Project Debt 14,101 7,223 Gross Standalone Debt 0 7 Gross Consolidated Debt 14,101 7,223 Cash and
Slide 14: Business Overview
Business Overview
Slide 15: Business Overview
Business Overview ❑ One of the leading companies providing Engineering, Procurement and Construction (EPC) services ▪ Major Projects in Roads & Highways – one of the fast-growing sectors ▪ Established presence in Irrigation and Urban Water Infrastructure Management Vision ❑ 20+ years of experience o
Slide 16: Transformation
Transformation Bagged 1st BOT Project in Bagged an EPC Project worth Incorporated & Karnataka worth Rs. 4,420 mn; Bagged 2nd BOT project IPO & Listed on Rs. 9,371 mn for Madurai – 1995 Commenced EPC 2006 Entry into Urban water 2007 worth Rs.5,920mn in 2008 BSE and NSE 2013 Ramanathapuram Section of
Slide 17: Top Management
Top Management Mr. K. Narasimha Reddy – Mr. K. Jalandhar Reddy – Founder Promoter & Managing Director Promoter & Executive Director ▪ Over 50 years of experience in the Highway sector ▪ Over 25 years of experience in the Highway and ▪ Started career in 1968 and engaged in the business of infrastruct
Slide 18: Supported by Professional Team
Supported by Professional Team ▪ A Bachelor of Engineering (BE) from MITS Gwalior (MP) with Over 35 years of total experience with ~20 years of Mr. T.L. Verma experience in Highway sector (Sr. Vice President - Projects) ▪ Working with the company since 2006 on various projects i.e. Bridges and Highw
Slide 19: Key Business Strengths
Key Business Strengths
Slide 20: 1. Project Execution Capabilities
1. Project Execution Capabilities ❑ Top management’s active involvement at all stages of Project execution ▪ Selection of Major Raw Material ▪ Selection of construction Camp location ❑ Faster Decision making to ensure project completion on schedule ❑ Received Bonus for completion of construction ahe
Slide 21: Pan India Project Execution Capability
Pan India Project Execution Capability* Sr. No. State No. of Projects Project Value (Rs. Mn) 1 Tamil Nadu 12 36,530 2 Karnataka 13 17,149 Arunachal Haryana Pradesh 3 Kerala 2 17,068 Assam 4 AP & Telangana 27 13,099 Uttar Pradesh 5 Madhya Pradesh 5 5,189 Gujarat 6 Uttar Pradesh 10 4,549 Madhya Prades
Slide 22: Project Execution Highlights
Project Execution Highlights Cement Concrete Road ▪ Completed Widening to 4/6 lanes and Strengthening of Existing two lane carriageway of NH – 5 in the State of Orissa for a length of 56.0 Kms with total contract value of work is Rs 2,310 mn ▪ Existing road was widened & strengthened with flexible p
Slide 23: 2. In-house Construction Equipment
2. In-house Construction Equipment Sr. No. Machinery Quantity Sr. No. Machinery Quantity 1 Tippers & Tankers 1,294 15 Crushers 31 2 Excavators 393 16 Light Soures 26 3 Generators 255 17 Trailers 27 4 Concrete Mixers And Pumps 187 18 Dozers 28 5 Compactors 139 19 Compressors 60 6 Loaders 102 20 Trans
Slide 24: 3. In-house Execution Team
3. In-house Execution Team 5% Total Employees* Project Engineering 2,205 28% Site Supervision 40% Site Engineers 8% Equipment Operators Admin & Office Staff 19% IN-HOUSE TEAM OF QUALIFIED AND EXPERIENCED EMPLOYEES LED BY PROVEN MANAGEMENT TEAM * as on March 31, 2022 23
Slide 25: 4. Host of Marque Clients
4. Host of Marque Clients National Andhra Pradesh Ministry of Hyderabad Karnataka Karnataka Road Highways Road Development Road Transport Growth State Highway Development Authority of Corporation & Highways Corridor Improvement Corporation India (NHAI) (APRDC) (MoRTH) Limited (HGCL) Project (KSHIP)
Slide 26: BOT Portfolio
BOT Portfolio
Slide 27: BOT Portfolio – Annuity Projects
BOT Portfolio – Annuity Projects Particulars Patel KNR Infrastructures limited (PKIL) Patel KNR Heavy Infrastructures Limited (PKHIL) Stake 40% 40% Project Details Project Type Road-Annuity Road-Annuity State Karnataka Telangana JV Partner PEL PEIL Client NHAI NHAI Length (KM) 60.0 53.0 Concession S
Slide 28: BOT Portfolio – Toll Project
BOT Portfolio – Toll Project Particulars KNR Muzaffarpur Barauni Tollway Private Limited Stake 51% Project Type Road-Toll Project Details State Bihar JV Partner JKM Infra Project Ltd Client NHAI No of Lanes Two Length(KM) 108 Concession Start Date 8th July 2012 Concession Period 21 Years Terms Sched
Slide 29: HAM Portfolio (1/2)
HAM Portfolio (1/2) Trichy to Chittor to Ramsanpalle to Magadi to Oddanchatram to Particulars Kallagam Mallavaram Mangloor Somwarpet Madathukulam KNR Srirangam Infra KNR Tirumala Infra KNR Shankarampet Projects KNR Somwarpet Infra KNR Palani Infra SPV Name Private Limited Private Limited Private Lim
Slide 30: HAM Portfolio (2/2)
HAM Portfolio (2/2) Particulars Ramanattukara to Valanchery Valanchery to Kappirikkad Chittor to Thatchur KNR Ramanattukara Infra Private SPV Name KNR Guruvayur Infra Private Limited KNR Ramagiri Infra Private Limited Limited Stake 100% 100% 100% Project Detail Project Type Hybrid Annuity Hybrid Ann
Slide 31: Divestment of SPVs
Divestment of 3 SPVs Total Equity Invested Total Consideration to be Consideration (Rs. Mn) Particulars (Rs. mn) received (Rs. mn) For 49% For 51% KNR Tirumala Infra Pvt Ltd* 1,368.1 (SPA Signed: 11th Feb’19) 1.616.8 1.19 times 1,929.8 561.7 KNR Shankarampet Projects Pvt Ltd* 1,085.1 376.6 (SPA Sign
Slide 32: Order Book & Business Strategy
Order Book & Business Strategy
Slide 33: Order-book Highlights
Order-book Highlights Key Projects Rs. Mn Order Book Break-up Ramanattukara to Valanchery bypass project (HAM) 16,957 41% Valanchery Bypass to Kappirikkad project (HAM) 15,572 45% 54% Bangalore-Mangalore Project (Periya Shanthi to Bntwal) 11% 9,400 (EPC) 3% Elevated Highway along Avinashi Road in Co
Slide 34: Recently Won Projects
Recently Won Projects Rs. million 7,650 97,658 Rs. Million New Projects (Excluding GST) Six laning of Chittoor – Thatchur section (Package 3) in the state of Andhra Pradesh and Tamil Nadu on Hybrid Annuity Mode under 7,650* Bharatmala Pariyoiana 90,008 Total 7,650 Orderbook as on Not included in Tot
Slide 35: Orderbook Breakup- Rs. 97,658 Mn
Orderbook Breakup- Rs. 97,658 Mn Order Book Break-up 38% 49% 51% 10% 3% Captive (HAM Projects) State Govt. Central Govt. Others Segment Wise Split Region Wise Split Roads Irrigation (Others) 23% 28% South 100% Roads (HAM) 49% 34
Slide 36: Order-book: State-wise
Order-book: State-wise Karnataka No of Projects 6 Balance Value Rs. 14,392 mn AP & Telangana No of Projects 14 Kerala Balance Value Rs. 26,746 mn No of Projects 3 Balance Value Rs. 32,685 mn Tamil Nadu No of Projects 8 Balance Value Rs. 16,185 mn Disclaimer: Maps not to scale. All data, information,
Slide 37: Business Strategy
Business Strategy Focus on Projects involving Higher degree of engineering skills 03 Focus on securing EPC Continuously explores contracts from reputed growth opportunities by Clients and forming strategic Joint Concessionaire Ventures (JVs) 02 04 Capitalise on Opportunity Execute all the projects o
Slide 38: Financial Highlights
Financial Highlights
Slide 39: Standalone Financial Highlights
Standalone Financial Highlights Financial Year 2010* 2011* 2012* 2013* 2014* 2015* 2016^ 2017^ 2018^ 2019^ 2020^ 2021^ 2022^ Rs. 7,125 Rs. 7,930 Rs. 7,505 Rs. 6,921 Rs. 8,348 Rs. 8,761 Rs. 9,025 Rs. 15,411 Rs. 19,317 Rs.21,373 Rs. 22,442 Rs. 27,026 Rs. 32,726 Turnover $118.6 $132.0 $125.0 $115.2 $13
Slide 40: Standalone Financial Highlights
Standalone Financial Highlights Revenue & EBITDA (Margin %) EBITDA 15.7% 17.1% 17.8% 16.8% 15.1% 14.4% 16.9% 14.9% 19.9% 20.0% 21.7% 19.8% 20.7% Margin (%) 32,726 27,026 21,373 22,442 19,317 15,411 EBITDA 9,026 7,125 7,930 7,505 6,921 8,348 8,761 6,777 Revenue 3,839 4,270 4,871 5,358 1,121 1,356 1,3
Slide 41: Shareholding Pattern as on 31st March 2022
Shareholding Pattern as on 31st March 2022 Shareholders Holding more than 1% of the Equity % to Equity (Other than Promoters) DSP Mutual Fund 6.59% 11.78% HDFC Mutual Fund 6.40% SBI Mutual Fund 2.75% ICICI Mutual Fund 2.00% L&T Mutual Fund 2.00% 32.19% 51.48% Franklin Templeton Mutal Fund 1.80% Inve
Slide 42: For further information, please contact
For further information, please contact Company : Investor Relations Advisors : KNR Constructions Ltd. Strategic Growth Advisors Pvt. Ltd. CIN: L74210TG1995PLC130199 CIN: U74140MH2010PTC204285 Mr. K. Venkata Ram Rao Mr. Jigar Kavaiya / Mr. Chinmay Madgulkar (GM - Finance & Accounts) +91-9920602034 /