Om Infra Limited · NSE:OMINFRAL
Om Infra — Q4 & FY23 Earnings Presentation
25 slides from Om Infra's earnings presentation, May 2, 2023
Slide 1: Om Infra Limited
OM INFRA LIMITED (Formerly known as OM METALS INFRAPROJECTS LIMITED) CIN: L27203RJ1971PLC003414 ____________________________________________________________________________ Regd. Office: 2nd Floor, A-Block, Om Tower, Church Road, M.I. Road, Jaipur-302001 Tel:+91-141-4046666 Website: www.ommetals.com
Slide 2: Investor Presentation Q4 & FY23
Investor Presentation Q4 & FY23
Slide 3: Disclaimer / Safe Harbor Statement
Disclaimer / Safe Harbor Statement This presentation and the accompanying slides (the “Presentation”), which have been prepared by Om Infra Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscri
Slide 4: Key Highlights – Q4 & FY23
Key Highlights – Q4 & FY23 Operational Updates: ▪ Robust Order Book of Rs 3,020 Cr, forming 4-5x of FY23 Revenue ▪ Engineering: Execution of Jal Jeevan Mission (JJM) projects (in UP and Rajasthan, bagged in Q4FY22) progressing at a good pace. These projects typically earn an EBITDA Margin in the ran
Slide 5: Standalone Financials – Q4 & FY23
Standalone Financials – Q4 & FY23 Standalone (Rs Cr) Q4FY23 Q4FY22 YoY % FY23 FY22 YoY % Net Sales 328.3 201.3 63% 719.8 289.2 149% Raw Material Costs 132.6 117.7 335.9 37.3 Employee Expenses 7.3 7.8 27.6 24.0 Other Operating Expenses 157.1 60.3 299.4 196.2 EBITDA 31.4 15.4 103% 56.8 31.8 79% EBITDA
Slide 6: Consolidated Financials – Q4 & FY23
Consolidated Financials – Q4 & FY23 Consolidated (Rs Cr) Q4FY23 Q4FY22 YoY % FY23 FY22 YoY % Net Sales 346.7 121.6 185% 799.2 313.0 155% Raw Material Costs 158.5 7.9 423.4 197.9 Employee Expenses 7.8 8.2 29.7 25.4 Other Operating Expenses 159.4 100.3 308.5 46.1 EBITDA 20.9 5.1 307% 37.5 43.6 -14% EB
Slide 7: Company Overview
Company Overview
Slide 8: Well-Established Core Business of Engineering
Well - Established Core Business of Engineering Healthy Profitability Key Products Key Services Leadership position in core business of Turnkey execution contracts for Hydro ▪ Gates: Radial, Vertical, Stoplog, Draft ▪ Turnkey Solutions: Installations, Testing Tube Gates Mechanical Equipment for Hydr
Slide 9: Well – Experienced Management Team
Well – Experienced Management Team Mr. C P Kothari Mr. D P Kothari Mr. Sunil Kothari Mr. Vikas Kothari Chairman Emeritus Chairman Vice Chairman Managing Director & CEO ▪ With the company for almost ▪ With immense experience in ▪ Responsible for all financial ▪ 20+ years of experience in 50 years; Pl
Slide 10: Demonstrated track record of Engineering skills
Demonstrated track record of Engineering skills Koldam Hydro Electric Rangandi Hydro Prakassam Barrage Gosikhurd Dam Project Electric Project Project Project • 800 MW project with • 70 old rusted gates to be complicated design of • Execution of one of the • 405 MW project in a replaced with new ones
Slide 11: Growing Order Book to Rs 3 Bn (4-5x of FY23 Sales)
Growing Order Book to Rs 3 Bn (4-5x of FY23 Sales) ~4x Growth – Driven by JJM (bagged in Q4FY22) Hydro & Water Projects: • Execution Period - 2 to 3 years • EBITDA Margin - 18% to 20% Hydro & 2.3x Growth Water 41% 3,577 3,020 Jal Jeevan Mission 1,864 59% 1,591 1,247 817 JJM Projects: • Execution Per
Slide 12: Order Book Break-up and Bid Pipeline
Order Book Break-up and Bid Pipeline Unexecuted Upcoming Tenders Project Client (Rs Cr) Jal Jeevan Mission (JJM) 1,788 SWSM – Namami Gange and Rural Water Sabarmati - Uttar Pradesh 1,026 Rs. 529 Cr Supply Dept. River Dam - Rajasthan Public Health Engineering Dept. 762 Hydro & Water 1,232 - Shapurkha
Slide 13: Growth Opportunity – Jal Jeevan Mission (JJM)
Growth Opportunity – Jal Jeevan Mission (JJM) ▪ The focus of the mission is to enable every household in villages States where large number of Households yet to get FHTC to have Functional Household Tap Connection (FHTC) (Har Ghar Jal) by 2024 29 42 42 59 59 56 52 62 ▪ With this, each household will
Slide 14: Growth Opportunity – Hydro Power & Water
Growth Opportunity – Hydro Power & Water Hydro Power River Linking, Water, Water Supply and Irrigation ▪ India’s Demand for Energy is expected to grow significantly ▪ These water infrastructure projects could cost Indian led by expected growth in industrial and commercial activity government around
Slide 15: Liquidity Events in the Offing
Liquidity Events in the Offing
Slide 16: Strong Cashflows Expected over the Next 2-5 years
Strong Cashflows Expected over the Next 2-5 years Estimated Cashflow Estimated Project Current Status (Rs Cr) Timeline Real Estate 1,233 ▪ Pallacia, Jaipur Completed, Handed over occupation 418 2 to 3 years ▪ Om Green Meadows, Kota Handed over partial project 65 In talks with architects, govt. agenc
Slide 17: Real Estate - Current Projects
Real Estate - Current Projects Project Pallacia, Jaipur Om Green Meadows, Kota Unique high-end RERA compliant apartments Residential township has flats, villas and Description have a complete lifestyle experience with Luxury apartments and provides residents a complete Living lifestyle experience Pa
Slide 18: Real Estate – Landbank
Real Estate – Landbank Bandra, Mumbai (MHADA) – Slum Rehabilitation and Residential Development Project ▪ Om Infra (35% stake) along with a Consortium was allocated FSI on a plot of land for redevelopment (SRA) by MHADA in the year 2006 for Rs 106 Cr ▪ The FSI allotted allowed for development of ~20
Slide 19: Arbitration Awards Worth ~Rs 660 Cr
Arbitration Awards Worth ~Rs 660 Cr Amount Project Explanation Current Status (Rs Cr) Om Infra developed the 212 km road project in Jaipur Bhilwara Stretch. Private vehicles were made toll free effective 1-Apr-18 by the State Govt. and thus the Company terminated the concession agreement for breach
Slide 20: Financial Highlights
Financial Highlights
Slide 21: Key Highlights – FY23 (Consolidated)
Key Highlights – FY23 (Consolidated) Net Revenue (Rs Cr) EBITDA (Rs Cr) & EBITDA Margin Profit After Tax (Rs Cr) Engineering JJM Real Estate 799 19% 14 Other 128 Total 44 13 12 44 10 347 14% 8 9 313 8 235 38 6 28 4 277 319 229 5% 2 0 FY21 FY22 FY23 FY21 FY22 FY23 FY21 FY22 FY23 • FY22 - EBITDA Margi
Slide 22: Profit & Loss – Continued Topline Growth
Profit & Loss – Continued Topline Growth Consolidated (Rs Cr) FY21 FY22 FY23 EBITDA Margin impacted by Net Sales 235.6 313.0 799.2 higher raw material prices, Raw Materials 129.5 197.9 423.4 mainly Steel, and the lag effect in pass through of Employee Expenses 20.9 25.4 29.7 cost escalations Other O
Slide 23: Balance Sheet – Reducing Non-Current Liabilities
Balance Sheet – Reducing Non-Current Liabilities Liabilities (Consolidated Rs Cr) Mar-21 Mar-22 Mar-23 Assets (Consolidated Rs Cr) Mar-21 Mar-22 Mar-23 Total Equity 627 661 683 Non-Current Assets 256 257 584 Share Capital 10 10 10 Property, Plant and Equipment 75 85 77 Other Equity 617 652 673 Capit
Slide 24: Stock Information
Stock Information 1 Year Stock Performance (Price-Volume) Share Holding Pattern (Mar’23) 50 27 45 24 40 21 35 18 30 28.3% 15 25 12 20 9 15 6 10 5 3 71.7% 0 0 1-Jul-22 28-Nov-22 31-Jul-22 30-Aug-22 29-Sep-22 28-Dec-22 2-May-22 28-Mar-23 27-Apr-23 29-Oct-22 27-Jan-23 1-Jun-22 26-Feb-23 Traded Volume (
Slide 25: Thank You
Thank You Om Infra Limited Stellar IR Advisors Reena Jain, Company Secretary Pooja Sharma / Vishal Mehta cs@ommetals.com pooja.sharma@stellar-ir.com / vishal@stellar-ir.com 2nd floor, A Block, Om Tower, A-405, Kanakia Wall Street, Church Road, MI Road, Chakala, Andheri (East), Jaipur – 302 001 Mumba