Supreme Infrastructure India Limited · NSE:SUPREMEINF
Supreme Infrastructure India — Q4 FY2015 Earnings Presentation
27 slides from Supreme Infrastructure India's earnings presentation, Jun 3, 2015
Slide 1: Quarterly Investor Presentation Q4 & Full Year FY15
SUPREME INFRASTRUCTURE INDIA LTD. Quarterly Investor Presentation Q4 & Full Year FY15 03-06-2015 Supreme Infrastructure India Ltd 1 May 2015
Slide 2: Disclaimer
DISCLAIMER This presentation has been prepared by Supreme Infrastructure India Limited (“SIIL”) for informational purposes only and does not constitute or form any part of any offer, invitation or recommendation to purchase or subscribe for any securities. The information contained in this presentat
Slide 3: Discussion Summary
DISCUSSION SUMMARY • Q4 & FULL YEAR RESULT HIGHLIGHTS • ORDER BOOK ANALYSIS • BOT PROJECT UPDATE • RESTRUCTURING UPDATE • DETAILED FINANCIALS • ANNEXURE • COMPANY OVERVIEW • PROJECT PROFILE 03-06-2015 Supreme Infrastructure India Ltd 3
Slide 4: Q4 & Full Year FY15 – Standalone Result Highlights
Q4 & FULL YEAR FY15 – STANDALONE RESULT HIGHLIGHTS REVENUES EBIDTA & EBIDTA % PAT & PAT % 0.9% 17.8% 4,201.7 14.9% 748.2 35.3 609.1 4,086.7 -0.1% -2.6 Q3 FY15 Q4 FY15 Q3 FY15 Q4 FY15 Q3 FY15 Q4 FY15 EBIDTA EBIDTA % PAT PAT % REVENUES EBIDTA & EBIDTA % PAT & PAT % 16.5% 14.3% 4.1% 21,706.6 3,112.7 1.
Slide 5: Q4 & Full Year FY15 – Result Highlights
Q4 & FULL YEAR FY15 – RESULT HIGHLIGHTS • For FY 2015 – Total Revenues from Operations decreased by 30.1 % to Rs. 15,169.5 mn on a YoY basis as compared to Rs. 21,706.6 mn in FY2014 primarily due to slow construction progress brought about by liquidity constraints. However post the restructuring don
Slide 6: Order Book Update – 31st March 2015
ORDER BOOK UPDATE – 31st MARCH 2015 Order Book (In Rs. mn) Confirmed L1 Total Segmental Breakup Railways Roads/Bridg Road / Bridges 10,439 3,370 13,809 1% es Roads BOT 10,801 - 10,801 Water 27% 7% Power Buildings 13,260 2,750 16,010 11% Water 1,881 1,708 3,589 Power 5,451 - 5,451 Buildings Roads BOT
Slide 7: BOT Portfolio - March 2015 Operational BOT Projects
BOT PORTFOLIO - MARCH 2015 OPERATIONAL BOT PROJECTS Particulars MWB NK PNM VB Project Cost 5,540 2,340 930 2,140 Equity Stake 74% 51% 100% 100% 3i stake - 49% - - Economic Interest 100% 100% 100% 100% Sanctioned Debt 4132 1,490 650 1,890 Debt outstanding 3,819 1,332 640 1,782 Supreme Equity (incl.3i
Slide 8: BOT Portfolio – March 2015 Under Construction BOT Projects
BOT PORTFOLIO – MARCH 2015 UNDER CONSTRUCTION BOT PROJECTS Particulars PI JRR AKT SS HM KM NK Phase-I Project Cost 12,060 10,450 6382 3,300 800 1,080 2,360 Equity Stake 64% 40% 51% 46% 98% 74% 100% 3i Stake - - 49% 44% - - - Economic Interest 90% 40% 100% 90% 100 % 74% 100% Sanctioned Debt 9,000 7,9
Slide 9: Restructuring under JLF Mode Key Highlights
RESTRUCTURING UNDER JLF MODE KEY HIGHLIGHTS • Restructuring of Debt under Joint Lenders Forum (JLF) mode and not via the corporate debt restructuring (CDR) route. • Key Features of the package include – • 2-Year Moratorium on Debt Repayment on existing Loan of Rs. 4.2 bn : • The payback period for t
Slide 10: Business Outlook Post Restructuring
BUSINESS OUTLOOK POST RESTRUCTURING • Moratorium period extended for 2 years resulting into significant Cash flow FUNDING ISSUES RESOLVED improvement. WITH CASH FLOW • Interest outgo to be in the range of Rs. 400 -500 mn per year for the next 2 years. IMPROVEMENT • Sustainable Execution capability w
Slide 11: Detailed Financials Standalone P&L Statement
DETAILED FINANCIALS STANDALONE P&L STATEMENT Particulars Q4 FY15 Q3 FY15 QoQ % FY15 FY14 YoY % Income 4201.7 4086.7 2.8% 15169.5 21706.6 -30.1% Expenditure 3453.5 3477.6 -0.7% 12669.9 18593.9 -31.9% EBITDA 748.2 609.1 22.8% 2499.6 3112.7 -19.7% EBITDA% 17.8% 14.9% 290 bps 16.5% 14.3% 214 bps Depreci
Slide 12: Detailed Financials Standalone B/S Statement
DETAILED FINANCIALS STANDALONE B/S STATEMENT Particulars FY 14 FY 15 Particulars FY 14 FY 15 EQUITIES & LIABILITIES ASSETS Shareholder Funds Non Current Assets (A) Equity Share Capital 225.9 282.0 (A) Fixed Assets 2,883.7 2,965.8 (B) Non-Current Investments 2,935.5 7,025.5 (B) Convertible Warrants 9
Slide 13: Annexure
ANNEXURE 03-06-2015 Supreme Infrastructure India Ltd 13
Slide 14: Company Overview – About Us
COMPANY OVERVIEW ABOUT US • Supreme Infrastructure India Ltd (SIIL) is a diversified EPC player with presence across multiple EPC segments. • Incorporated as Supreme Asphalts Pvt. Ltd in 1983 and started as a supplier of aggregates/asphalt to construction companies, COMPANY OVERVIEW later moved up t
Slide 15: Company Overview – Shareholding Structure
COMPANY OVERVIEW SHAREHOLDING STRUCTURE Category Mar-15 Jan-15 Sept-14 Jun-14 Mar-14 Promoters 50.76% 50.76% 54.97% 54.97% 54.97% Public FII 14.87% 14.68% 13.86% 13.81% 13.18% 24.48% DII 9.89% 12.59% 3.55% 3.34% 1.28% DII Promoters 9.89% 50.76% Public 24.48% 21.97% 27.62% 27.88% 30.57% FII Total 100
Slide 16: Company Overview – Major Clientele
COMPANY OVERVIEW MAJOR CLIENTELE Punjab Airports Authority NHAI of India MMRDA BMC PWD Indian Mumbai JDA PWD MSEDCL* Railways Port Trust Ramprastha CPWD Vodafone DSIIDC Rolta 03-06-2015 Supreme Infrastructure India Ltd 16
Slide 17: Strong Execution Capabilities Across Verticals
UNDERSTANDING OUR BUSINESS MODEL STRONG EXECUTION CAPABILITIES ACROSS VERTICALS • Segment – Roads • Segment – Power • Individual Bidding Qualification-Rs, 5.500 mn • Individual Bidding Qualification - Rs. 1,500 mn • Order Book – Rs. 18,973 mn • Order Book – Rs. 2,243 mn • Scope of Work - constructio
Slide 18: Diversified Presence for Sustainable Future Growth
UNDERSTANDING OUR BUSINESS MODEL DIVERSIFIED PRESENCE FOR SUSTAINABLE FUTURE GROWTH • Evolved as a pan-India player with a presence across 13 states in India. • Presence across 6 verticals in the EPC segment. • Entire Raw material capex already set in all the key geographies. • Best placed for Long
Slide 19: Raw Material Integration
UNDERSTANDING OUR BUSINESS MODEL RAW MATERIAL INTEGRATION • Backward Integration for raw material availability through ownership of quarries, crusher plants, ready mix concrete (RMC) and wet mix plants. • Reduces risk with Uninterrupted supply of Raw materials, and ensures Timely Execution of the pr
Slide 20: Integrated EPC Model
UNDERSTANDING OUR BUSINESS MODEL INTEGRATED EPC MODEL The aggregates, which roughly constitute ~25-35% of the total raw material costs, being sourced internally, leads to huge cost savings and offers clear margin advantage of ~3-4% 03-06-2015 Supreme Infrastructure India Ltd 20
Slide 21: Our Project Profile – On-going Projects
OUR PROJECT PROFILE ON-GOING PROJECTS • Name – Mahanadi Institute of Coal Management • Location – Bhubaneshwar, Odisha • Segment – Buildings • Project Size – Rs. 1194.9 mn • Client - NBCC • Project Description - Construction of Mahanadi Institute of Coal Management at Bhubaneswar, Odisha. • Name – C
Slide 22: Our Project Profile – On-going Projects
OUR PROJECT PROFILE ON-GOING PROJECTS • Name – Gumla Road Construction • Location – Gumla, Jharkhand • Segment – Roads • Project Size – Rs. 453.2 mn • Client - Road Construction Division, Gumla. • Project Description - Strengthening and widening of Sisai - Basia Road • Name – Saran to Gopalkanj Road
Slide 23: Our Project Profile – On-going Projects
OUR PROJECT PROFILE ON-GOING PROJECTS • Name – Prafulla Park – Pumping Station • Location - Kolkata • Segment – Water Infrastructure • Project Size – Rs. 193.2 mn • Client - Kolkata Municipal Corporation • Project Description - Construction of booster pumping station • Name – Mukundapur – Water Proj
Slide 24: Our Project Profile – Completed Projects
OUR PROJECT PROFILE COMPLETED PROJECTS • Name – Manor Wada Bhiwandi • Segment – Roads • Project Size – Rs. 3,067.2 mn • Date of Completion – March 2013 • Client - PWD • Project Description - Four Lanning Of Wada Bhiwandi Road) & Manor Wada Road In Taluka Wada / Bhiwandi / Palghar Dist Thane • Name –
Slide 25: Our Project Profile – Completed Projects
OUR PROJECT PROFILE COMPLETED PROJECTS • Name – Supreme Business Park • Segment – Buildings • Project Size – Rs. 2,300.0 mn • Date of Completion – May 2011 • Client - Supreme Housing and Hospitality PvtLtd • Project Description - Construction of office Building with Built-up area of 1.2 mn sq.ft • N
Slide 26: Our Project Profile – Completed Projects
OUR PROJECT PROFILE COMPLETED PROJECTS • Name – Thane sewarage system • Segment – Water Infrastructure • Project Size – Rs. 1,332.9 mn • Date of Completion – March 2011 • Client - Thane Muncipal Corportion • Project Description - Construction and strengthening of the Nalla Works and their Sub Nallas
Slide 27: For further details please contact
For further details please contact : Amit Gupta Ammeet Sabarwal Supreme Infrastructure India Ltd. Dickenson Seagull IR Contact No: 022 61289700 Contact No : +91 9819576873 Email: amitg@supremeinfra.com Email : ammeet.sabarwal@dickensonir.com 03-06-2015 Supreme Infrastructure India Ltd 27
Supreme Infrastructure India — Q4 FY2015 Earnings Presentation on 6ix