Ircon International Ltd. · NSE:IRCON
Ircon International — Q4 FY2023 Earnings Presentation
23 slides from Ircon International's earnings presentation, May 24, 2023
Slide 1: Intimation of Investor Presentation to stock exchanges
इरकॉन इं टरनेशनल िलिमटेड (भारत सरकार का उपकर्म) IRCON INTERNATIONAL LIMITED (A Govt. of India Undertaking) An integrated Engineering and Construction Company IRCON/SECY/STEX/124 24th May, 2023 BSE Limited National Stock Exchange of India Limited Listing Dept./ Dept. of Corporate Services Listing Dep
Slide 2: Ircon International Limited Analyst Presentation Q4 & FY23
Ircon International Limited Analyst Presentation Q4 & FY23 24th May 2023 1
Slide 3: Safe Harbour
SAFE HARBOUR 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
Slide 4: Table of Contents
Table of Contents I Functional Directors 4-5 II Key Financial Highlights 6-12 III Standalone Financial Performance 13-15 IV Group Financial Performance 16-18 V Order Book 19-20 3
Slide 5: I. Functional Directors
I. Functional Directors 4
Slide 6: Functional Directors (as on 24.05.2023)
Functional Directors (as on 24.05.2023) Shri Brijesh Kumar Gupta, Chairman & Managing Director (Additional Charge) • Holds BE in Civil Engineering from Jiwaji University, Gwalior and PG degree in applied mechanics from IIT, Delhi. • Belongs to IRSE and is Additional Member (Civil Engg.), Railway Boa
Slide 7: II. Key Financial Highlights
II. Key Financial Highlights 6
Slide 8: FY23 Financial Highlights (Standalone)
FY23 Financial Highlights (Standalone) Operating Revenue EBITDA 44.1% 43.6% 12000 1000 924 9921 10000 800 641 8000 6910 600 6000 400 4000 2000 200 0 0 FY22 FY23 FY22 FY23 Profit before Tax Profit after Tax 42.7% 44.8% 1000 883 1000 777 800 800 610 600 600 544 400 400 200 200 0 0 FY22 FY23 FY22 FY23
Slide 9: Q4FY23 (Y-o-Y) Financial Highlights (Standalone)
Q4FY23 (Y-o-Y) Financial Highlights (Standalone) Operating Revenue EBITDA 31.2% 83.5% 4000 3670 350 303 3500 300 3000 2797 250 2500 200 165 2000 150 1500 1000 100 500 50 0 0 Q4FY22 Q4FY23 Q4FY22 Q4FY23 Profit before Tax Profit after Tax 84.8% 25.9% 300 284 300 248 250 250 197 200 200 154 150 150 100
Slide 10: Q4FY23 (Q-o-Q) Financial Highlights (Standalone)
Q4FY23 (Q-o-Q) Financial Highlights (Standalone) Operating Revenue EBITDA 64.1% 37.7% 4000 3670 350 303 3500 300 3000 250 220 2500 2237 200 2000 150 1500 1000 100 500 50 0 0 Q3FY23 Q4FY23 Q3FY23 Q4FY23 Profit before Tax Profit after Tax 33.6% 9.1% 300 284 300 248 250 250 227 213 200 200 150 150 100
Slide 11: FY23 Financial Highlights (Consolidated)
FY23 Financial Highlights (Consolidated) Operating Revenue 40.5% EBITDA 32.1% 12000 1200 1117 10368 10000 1000 846 8000 7380 800 6000 600 4000 400 2000 200 0 0 FY22 FY23 FY22 FY23 Profit before Tax Profit after Tax 29.4% 29.2% 1000 891 1000 765 800 689 800 592 600 600 400 400 200 200 0 0 FY22 FY23 F
Slide 12: Q4FY23 (Y-o-Y) Financial Highlights (Consolidated)
Q4FY23 (Y-o-Y) Financial Highlights (Consolidated) Operating Revenue 28.0% EBITDA 37.4% 4000 3781 400 370 3500 350 2953 3000 2500 300 269 2000 250 1500 200 1000 500 150 0 100 Q4FY22 Q4FY23 Q4FY22 Q4FY23 Profit before Tax Profit after Tax 6.07% 36.0% 350 270 256 301 300 250 242 250 221 230 200 210 15
Slide 13: Q4FY23 (Q-o-Q) Financial Highlights (Consolidated)
Q4FY23 (Q-o-Q) Financial Highlights (Consolidated) Operating Revenue 61.1% EBITDA 59.5% 4000 3781 400 370 3500 350 300 3000 250 232 2500 2347 200 2000 150 1500 100 1000 50 Q3FY23 Q4FY23 Q3FY23 Q4FY23 Profit before Tax Profit after Tax 35.0% 69.1% 350 300 301 300 256 250 250 200 178 200 190 150 100 1
Slide 14: III. Standalone Financial Performance
III. Standalone Financial Performance 13
Slide 15: Income Statement (Standalone – Q4FY23)
Income Statement (Standalone – Q4FY23) (Rs. Crore) Particulars Q4-FY23 Q3-FY23 Q-o-Q (%) Q4-FY22 Y-o-Y (%) Operating Revenue 3669.93 2236.86 64.1% 2797.08 31.2% Total Expenses (Excl. Depreciation & 3470.52 2109.79 64.5% 2699.76 28.6% Finance Cost) Core EBITDA 199.41 127.07 56.9% 97.32 104.9% Core EB
Slide 16: Income Statement (Standalone - Annual)
Income Statement (Standalone - Annual) (Rs. Crore) Particulars FY23 FY22 Y-o-Y (%) Operating Revenue 9921.20 6910.15 43.6% Total Expenses (Excl. Depreciation & Finance Cost) 9337.91 6540.08 42.8% Core EBITDA 583.29 370.07 57.60 Core EBITDA Margins (%) 5.88% 5.36% 52 bps Depreciation 37.73 27.49 37.3
Slide 17: IV. Group Financial Performance
IV. Group Financial Performance 16
Slide 18: Income Statement (Consolidated – Q4FY23)
Income Statement (Consolidated – Q4FY23) (Rs. Crore) Particulars Q4-FY23 Q3-FY23 Q-o-Q (%) Q4-FY22 Y-o-Y (%) Operating Revenue 3780.66 2346.51 61.1% 2952.59 28.1% Total Expenses (Excl. Depreciation & 3597.51 2181.16 64.9% 2769.43 29.9% Finance Cost) Core EBITDA 196.61 156.32 25.8% 210.97 (6.8%) Core
Slide 19: Income Statement (Consolidated - Annual)
Income Statement (Consolidated - Annual) (Rs. Crore) Particulars FY23 FY22 Y-o-Y (%) Operating Revenue 10367.93 7379.67 40.5% Total Expenses (Excl. Depreciation & Finance Cost) 9664.79 6800.11 42.1% Core EBITDA 734.58 639.50 14.9% Core EBITDA Margins (%) 7.09% 8.67% (158 bps) Depreciation 107.46 95.
Slide 20: V. Order Book
V. Order Book For indicative representation only 19
Slide 21: Order Book – Rs.35,195 crore (as on 31.03.2023)
Order Book – Rs.35,195 crore (as on 31.03.2023) Segment Segment Geography Geography Mode Mode of of Award Award Railways Rs.26,243 Cr (74.5%) Domestic Bidding Rs.32,247 Cr Rs.18,470 Cr (91.6%) (52.5%) Highways Rs.6,985 Cr (19.9%) International Nomination Rs.2,948 Cr Rs.16,725 Cr Others (8.4%) (47.5%
Slide 22: For Further Information
For Further Information: Shri B. Mugunthan Shri Sachin Garg Chief Financial Officer Manager Finance Ircon International Limited Ircon International Limited Tel: 011-26530459 Tel: 011-26545368 E-mail: mugunthan@ircon.org E-mail: sachin.garg@ircon.org 21
Slide 23: Thank You
Thank You 22
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