J. Kumar Infraprojects Limited · NSE:JKIL
J. Kumar Infraprojects — Q3 FY2023 Earnings Presentation
45 slides from J. Kumar Infraprojects's earnings presentation, Feb 7, 2023
Slide 1: Exchange filing cover letter
J. KUMAR INFRAPROJECTS LIMITED CIN: L74210MH1999PLC122886 Regd Off: J. Kumar House, CTS No. 448, 448/1, 449, Vile Parle (East), Subhash Road, Mumbai 400057, Maharashtra, India Phone: +91 22 67743555, Fax: +91 22 26730814, Email: info@jkumar.com, investor.grievances@jkumar.com, Website: www.jkumar.co
Slide 2: Investor Presentation Q3 & 9M FY23 Results Update
J. Kumar Infraprojects Limited Investor Presentation Q3 & 9M FY23 Results Update We dream… So we achieve…
Slide 3: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by J. Kumar 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 se
Slide 4: Table of Contents
Table of Contents 01 Our Major Achievements in FY23 02 Company Overview We dream… So we achieve… 03 Performance Highlights 04 Results Vision Highlights 2027 – Billion $ Company 05 Business Overview 06 Management Overview 07 Detailed Financial Detailed Financials Investor Presentation | Q3 & 9M FY23
Slide 5: Our Major Achievements in FY23
Our Major Achievements in FY23 We dream… So we achieve… Investor Presentation | Q3 & 9M FY23 Results Update 4
Slide 6: Our Major Achievements in FY23
Our Major Achievements in FY23 Bringing Pride to Nation - Delivering Project of National Importance We dream… So we achieve… Mumbai Metro Line 7 Mumbai Metro Line 2 A JNPT Kalwa Bridge Thane Mumbai Metro Line 7 Mumbai Metro Line 2A from Dahisar to DN Nagar is 18.6 Km JNPT Port Connectivity 1st Lane
Slide 7: Company Overview
Company Overview We dream… So we achieve… We dream… So we achieve…
Slide 8: About J. Kumar Infraprojects
About J. Kumar Infraprojects 1999 PAN India Flyovers & Metro Quality 30+ Ongoing 7,400* Presence Bridges Projects Execution Projects Incorporated to Established Constructed Amongst few Currently Strong undertake Delivering Quality presence in states of most of the construction Employee We dream… So
Slide 9: Our Offerings
Our Offerings We dream… So we achieve… Metro Flyover & Bridges Roads & Tunnels Civil & Others Water • Metro Underground • Flyovers • Roads • Hospital / Medical • Sewage Treatment • Metro Elevated • Bridges • Highways Colleges Plants • Metro Elevated • Pedestrian • Expressways • Railway Terminus & •
Slide 10: Our Growth Story
Our Growth Story Revenue crossed ₹ 3,500 cr 2022 Awarded contracts worth ₹ 3,685 cr Awarded contracts worth ₹ 2021 2,259 cr We dream… So we achieve… Awarded contracts worth ₹ 4,289 cr 2020 which includes ₹1,998 crore order from MMRDA on standalone basis Awarded Metro Projects in Mumbai 2017 amountin
Slide 11: Performance Highlights
Performance Highlights We dream… So we achieve… We dream… So we achieve…
Slide 12: Q3 & 9M FY23 Key Financial Highlights
Q3 & 9M FY23 Key Financial Highlights 01 02 03 04 We dream… So we achieve… Revenue EBITDA PAT Cash PAT Q3 FY23 ₹ 1,062 crores +10% ₹ 152 crores +9% ₹ 71 crores +21% ₹ 110 crores +15% 14.3% 6.7% 10.3% 9M FY23 ₹ 3,069 crores ₹ 438 crores ₹ 201 crores ₹ 314 crores +30% +27% +27% +52% 14.3% 6.5% 10.2% I
Slide 13: Q3 & 9M FY23 Profit & Loss
Q3 & 9M FY23 Profit & Loss Particulars (₹ In Cr) Q3 FY23 Q3 FY22 Y-O-Y Q2 FY23 9M FY23 9M FY22 Y-O-Y FY22 Revenue from Operations 1,062.4 965.7 10% 1,012.8 3,068.9 2,412.7 27% 3,527.2 Cost of Material Consumed 691.3 625.8 673.8 2,035.1 1,530.7 2,268.2 Construction Expenses 119.3 118.5 102.4 326.3 29
Slide 14: Robust Performance
Robust Performance Revenue (₹ Crores) EBITDA (₹ Crores) We dream… So we achieve… Quarter 10% Y-o-Y 9% Y-o-Y 9 Months 27% Y-o-Y 27% Y-o-Y Investor Presentation | Q3 & 9M FY23 Results Update 13
Slide 15: Robust Performance
Robust Performance PAT (₹ Crores) CASH PAT (₹ Crores) We dream… So we achieve… Quarter 21% Y-o-Y 15% Y-o-Y 9 Months 52% Y-o-Y 30% Y-o-Y Investor Presentation | Q3 & 9M FY23 Results Update 14
Slide 16: Revenue Breakup
Revenue Breakup Segment Wise Breakup (%) Geographical Break up (%) Q3 FY 23 We dream… So we achieve… 9M FY 23 Investor Presentation | Q3 & 9M FY23 Results Update 15
Slide 17: Debt Profile
Debt Profile Long Term Debt (Incl. Short Term Debt Gross Debt Current Maturities) (₹ In Cr) (₹ In Cr) (₹ In cr) We dream… So we achieve… Debt Equity Ratio • Company achieved a 27% Y-o-Y increase in turnover. Maintained debt levels despite increase in turnover and challenging external environment • G
Slide 18: Order Wins FY23
Order Wins FY23 Expressway Project Mumbai – Sewage Disposal Mumbai – Hospital Project Project • Letter of Acceptance from lrcon • Letter of Acceptance from • Letter of Acceptance from International Ltd for a contract Brihanmumbai Municipal Brihanmumbai Municipal We dream… So we achieve… price of ₹ 1
Slide 19: Healthy Order Book of ₹ 11,209 Cr
Order Book as on December 31, 2022 Segment Wise Break-up (%) Sub-segment wise Break-up (%) Healthy Order Book of ₹ 11,209 Cr We dream… So we achieve… Geographical Break-up (%) Client wise Break-up (%) Investor Presentation | Q3 & 9M FY23 Results Update 18
Slide 20: Order Book Breakup as on December 31, 2022
Order Book Breakup as on December 31, 2022 Order Backlog Order Backlog Name of the Project Client Name Name of the Project Client Name (₹ Cr) (₹ Cr) Mumbai Metro Line-09-07A (CA48) MMRDA 1,311 Dwarka Expressway-Pkg-01 NHAI 1,043 Mumbai Metro Line-2B C101 MMRDA 894 Sewri Worli Elevated Connector MMRD
Slide 21: Vision 2027 – Billion $ Company
Vision 2027 – Billion $ Company We dream… So we achieve… Investor can refer the Corporate Presentation for further information
Slide 22: Advantage India
Advantage India Capital Outlay Metro 01 ₹ 10 lakh crore (US$ 130.57 ₹ 19,518 crores 02 billion) to enhance the allocation for Metro We dream… So we achieve… infrastructure sector Projects National Highways Union Housing Sector 06 Allocated ₹ 1.34 lakh Budget ₹ 0.77 lakh crores (US$ 9.85 03 crores (U
Slide 23: Towards a Billion $ Revenue Company
Towards a Billion $ Revenue Company Growth Envisaged in ₹ 11,209 cr ₹ 20,000+ cr VISION Order Book Order book as on 2027 December 31, 2022 Expected Order Book in FY27 We dream… So we achieve… • Metro Projects • Flyover, Bridges & Roads Metro projects to be • STP, Sewerage & Water the major contribut
Slide 24: Strengthening Business, Organization & Governance
Strengthening Business, Organization & Governance Strengthening the Business Building the Organisation Reinforcing Governance • Larger Complex projects • Individual Profit Centers • Reconstituted the Board by • Segment Diversification • Centralised Planning & induction of new independent We dream… S
Slide 25: Key Strengths
Key Strengths Bidding Eligibility Larger Project Execution Timely Completion • Built Bidding capacity for larger projects • Undertaking & Execution of • Impeccable Track record of • Amongst Top 5 EPC players eligible to Large & complex projects completing complex projects undertake U/G Metro such as
Slide 26: Business Overview
Business Overview We dream… So we achieve…
Slide 27: Major Completed Projects
Major Completed Projects We dream… So we achieve… Mumbai Metro Line 2A Mumbai Metro Line 7 Delhi Underground Metro Delhi Elevated Metro Ahmedabad Metro ESIC Hospital Cum Medical College- Alwar Investor Presentation | Q3 & 9M FY23 Results Update 26
Slide 28: Major Completed Projects
Major Completed Projects We dream… So we achieve… JNPT - Mumbai Panjarapol Flyover Grant road Skywalk Amar Mahal Flyover Chheda Nagar Flyover Part 1 BKC- Chunabhatti Flyover Investor Presentation | Q3 & 9M FY23 Results Update 27
Slide 29: Major Ongoing Projects
Major Ongoing Projects We dream… So we achieve… Mumbai Underground Metro Line 3 Mumbai Metro Line 9 Pune Elevated Metro Mumbai Metro Line 4A Mumbai Metro Line 6 Pune Underground Metro 28 Investor Presentation | Q3 & 9M FY23 Results Update 28
Slide 30: Major Ongoing Projects
Major Ongoing Projects We dream… So we achieve… Chhedanagar Flyover Motagaon Creek Bridge Dwarka Expressway Kalwa Bridge Thane SCLR Flyover Sewri Worli Elevated 29 Investor Presentation | Q3 & 9M FY23 Results Update 29
Slide 31: Major Ongoing Projects
Major Ongoing Projects We dream… So we achieve… RML, Lucknow Vadodara Mumbai Expressway, IRCON Pune Riverfront 30 Investor Presentation | Q3 & 9M FY23 Results Update 30
Slide 32: Fleet of Modern Equipment
TBM Machine Dumper / Tipper Launching Girder Piling Machine RMC Plant Bitumen Plant Fleet of Modern Equipment Investor Presentation | Q3 & 9M FY23 Results Update Casting Yard Segment Rolling Straddle Carrier 31 We dream… So we achieve…
Slide 33: Strong Client Base
RAILWAYSStrong Client Base METRO & We dream… So we achieve… FLYOVER & BRIDGES CIVIL AND OTHERS UPRNNL Investor Presentation | Q3 & 9M FY23 Results Update 32
Slide 34: Management Overview
Management Overview We dream… So we achieve…
Slide 35: Experienced & Visionary Leadership
Experienced & Visionary Leadership We dream… So we achieve… Mr Kamal J Gupta Mr Jagdish Kumar Gupta Dr Nalin J Gupta Managing Director Executive Chairman Managing Director ➢ Bachelor in Civil Engineering, joined ➢ Commerce Graduate & Member ➢ 50+ years of experience in JKIL in 1996 having 26 years o
Slide 36: Independent Directors
Independent Directors Mr. Raghav Chandra Mr. Sidharath Kapoor Ms. Archana S. Yadav We dream… So we achieve… • Masters in Public • Chartered Accountant Administration from USA. He is (rank holder), CS and • Chartered Accountant MSc. in Mathematics. GAMP from ISB. with over 15 years of • 1982 batch IA
Slide 37: Strong Focused Management Team
Strong Focused Management Team Shaibal Roy Mayank Kumar Jain Madan Biyani Ex Vice President - Projects Head Transportation-Projects Chief Financial Officer We dream… So we achieve… Sudhakar Thorat Ravindra M Kulkarni Rajendra Sharma Head - Central Planning & Vice President - Projects Vice President
Slide 38: Detailed Financials
Detailed Financials We dream… So we achieve…
Slide 39: Profit & Loss
Profit & Loss Particulars (₹ In Cr) FY17 FY18 FY19 FY20 FY21 FY22 CAGR Revenue from Operations 1,604 2,051 2,787 2,971 2,571 3,527 17% Cost of Material Consumed 966 1,209 1,720 1,817 1,612 2,268 Employee Expenses 127 197 248 299 231 279 Other Expenses 261 324 383 426 416 475 We dream… So we achieve…
Slide 40: Key Financial Indicators
Key Financial Indicators Revenue from Operations ₹ Cr EBITDA ₹ Cr We dream… So we achieve… PAT ₹ Cr Cash PAT ₹ Cr Investor Presentation | Q3 & 9M FY23 Results Update 39
Slide 41: Revenue – Key Contributors
Revenue – Key Contributors METRO - UNDERGROUND (₹ cr) We dream… So we achieve… METRO - ELEVATED (₹ cr) Investor Presentation | Q3 & 9M FY23 Results Update 40
Slide 42: Revenue – Key Contributors
Revenue – Key Contributors We dream… So we achieve… FLYOVER & BRIDGES (₹ cr) ROADS & TUNNELS (₹ cr) CIVIL & OTHERS (₹ cr) Investor Presentation | Q3 & 9M FY23 Results Update 41
Slide 43: Strong Financial Metrics
Strong Financial Metrics Asset Turnover Ratio Working Capital Days We dream… So we achieve… ROE ROCE Investor Presentation | Q3 & 9M FY23 Results Update 42
Slide 44: Order Book as on March 31, 2022
Order Book as on March 31, 2022 Order Book (₹ crores) Order Inflow (₹ crores) We dream… So we achieve… Order Book to Sales (x) Investor Presentation | Q3 & 9M FY23 Results Update 43
Slide 45: Thank You
We dream… So we achieve… Thank You Company : Investor Relation Advisors: J. Kumar Infraprojects Ltd. Marathon Capital Advisory Pvt. Ltd. Ernst & Young LLP Mr. Madan Biyani Rahul Porwal - rahul@marathoncapital.in Mr. Vikash Verma – vikash.verma1@in.ey.com Chief Financial Officer Mr. Amit Porwal - ami
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