Ashoka Buildcon Limited · NSE:ASHOKA
Ashoka Buildcon — Shareholder Meeting (September 2017)
27 slides from Ashoka Buildcon's shareholder meeting presentation, Sep 30, 2017
Slide 1: Ashoka Buildcon Limited Welcomes Shareholders for 24th Annual General Meeting
Ashoka Buildcon Limited Welcomes Shareholders for 24th Annual General Meeting 30.09.2017 February 2016
Slide 2: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Ashoka Buildcon 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 securi
Slide 3: Ashoka's journey
Ashoka’s journey… Evolved into a Leading Started as Civil National Highway Developer Successful QIP – Construction Player with NHAI BOT projects Rs 500 cr Constructed multiple Investment by IDFC PE residential/buildings NSE/ BSE listing 2015 and Beyond 1983-1995 2006-2011 1996-2005 2012-14 Ventured
Slide 4: Construction Business
Construction Business 4
Slide 5: Leading EPC company with over 4 decades of experience
Leading EPC company with over 4 decades of experience 4+ decades 7,000+ In-house capabilities Construction Lane kms Equipment bank/ construction experience constructed material Successful diversification 12-14% Vast experience Sizeable power Consistent EBITDA Margin Executed projects across distribu
Slide 6: Consistent growth in EPC business
Consistent growth in EPC business Rs Cr Revenue EBITDA 7% 15% 2,181 2,043 342 351 1,904 264 FY15 FY16 FY17 FY15 FY16 FY17 6
Slide 7: With improving profitability
With improving profitability Rs Cr Net Profit Cash Profit 24% 33% 183 226 206 158 147 104 FY15 FY16 FY17 FY15 FY16 FY17 7
Slide 8: Robust order book of Rs 7,000 cr, 3x FY17 Revenue
Robust order book of Rs 7,000 cr, 3x FY17 Revenue Rs Cr Doubling of order book in last 2 years 7,005 -- Highest ever order inflow in FY17 of over 2.2x Rs 3,900 cr Revenue visibility: 3x book to bill ratio 4,111 Diversified order book -- Successful foray in HAM projects 3,128 Power T&D, 27% Roads BOT
Slide 9: Development Business
Development Business 9
Slide 10: Well created large BOT portfolio
Well created large BOT portfolio 23 ~6,000 9 States Operational + Under Lane kms Pan India presence construction BOT projects executed 12% Rs 3,000 cr Self sufficient Qualified to bid portfolio 2 year CAGR toll collection; consistently growing projects of larger size 10
Slide 11: Presence across various BOT project types
Presence across various BOT project types Toll Annuity/ Hybrid Annuity (HAM) Belgaum Dharwad Road Mudhol Nipani Dhankuni Kharagpur Road Bagewadi Saundatti Sambalpur Baragarh Road Hungud Talikot Bhandara Maharashtra Road Chennai ORR Durg Chattisgarh Road Ludhiana (Punjab) Jaora-Nayagaon Road Ranastal
Slide 12: Consistently growing toll collection
Consistently growing toll collection Rs Cr 970 12% Adjusted for 23 days of closure of toll collection due to demonetization 907 913 Successfully completed and handed over Indore-Edalabad 775 Growth picking up in larger projects • Dhankuni – 12.7% • Sambhalpur – 17.8% (including toll rate revision po
Slide 13: Improving financials of development business
Improving financials of development business Rs Cr Revenue EBITDA Cash Profit 920 128 847 682 684 108 436 267 32 FY15 FY16 FY17 FY15 FY16 FY17 FY15 FY16 FY17 13
Slide 14: New Businesses
New Businesses 14
Slide 15: Cautious strategy to enter new businesses
Cautious strategy to enter new businesses Diversification into asset class which has stable yields Enter new segment with a smaller pilot project Successful precedent set by Maintain hurdle rate on margin and return on equity building a sizeable T&D business in the Continued focus on core business o
Slide 16: City Gas Distribution – tapping the vast opportunity
City Gas Distribution – tapping the vast opportunity Large opportunity in CGD Network in Ratnagiri, Maharashtra the country as the segment is Grant for laying, building, operating and expanding underpenetrated Scope CGD network Cost effectiveness of CGD network will cover an area of 8,726 sq kms; Ne
Slide 17: Commercial Real estate project – stable yield generating asset
Commercial Real estate project – stable yield generating asset Commercial Real Estate Project from Mumbai International Airport Several policy reforms Ltd (MIAL) in Mumbai introduced to bring about transparency in 2 adjoining land parcels at Sahar road close to the the sector Location existing Inter
Slide 18: Consolidated Financial Highlights
Consolidated Financial Highlights 18
Slide 19: Consistent Revenue growth; order book to drive higher growth
Consistent Revenue growth; order book to drive higher growth 15% CAGR Revenue CAGR of 15% over 3,101 the last 2 years 2,890 Current order book of Rs 70bn 2,340 (2.3x book to bill ratio)… …To drive higher growth over the next 2 years FY15 FY16 FY17 19
Slide 20: Improving profitability
Improving profitability Rs Mn EBITDA Cash Profit 40% 33% 314 316 1,024 1,034 179 531 FY15 FY16 FY17 FY15 FY16 FY17 20
Slide 21: Social Initiatives
Social Initiatives The Company came forward to help draught victims of 2015, by making provision of potable water to residents of over 10 affected villages in Maharashtra 21
Slide 22: Social Initiatives
Social Initiatives As a proactive measure to increase water holding capacity, the Company joined hands with administrative bodies to execute de-silting of 3 Dams in Maharashtra. 22
Slide 23: Many sporting talents find it difficult to realise their potential
Many sporting talents find it difficult to realise their potential due to lack of opportunities. Ashoka participates in the efforts of local government to create platforms where emerging sports enthusiasts can showcase their abilities. 23
Slide 24: Social Initiatives
Social Initiatives Support extended to city administration through maintenance of public gardens, jogging tracks, road medians etc. 24
Slide 25: Social Initiatives – Road Safety Campaign
Social Initiatives ASHOKA awareness drive in 2014. Below is the impact it has Road Safety Campaign © created in the past three years. ©) y, | SH OKA 2 Ashoka Buildcon Limited initiated its road safety OO 625 3,00,000... 15,000... woud 6 Yo Reduction in Fatalaities due to Road Road Safety Awareness P
Slide 26: Major Awards & Recognitions
Major Awards & Recognitions 1 2 3 4 5 6 26
Slide 27: Thank You
eats Ashoka Buildcon Limited
Ashoka Buildcon — Shareholder Meeting (September 2017) on 6ix