Capacit'e Infraprojects Ltd. · NSE:CAPACITE
Capacit'e Infraprojects — Q1 FY23 Earnings Presentation
34 slides from Capacit'e Infraprojects's earnings presentation, Aug 9, 2022
Slide 1: Exchange filing cover letter
CAPACIT'E INFRAPROJECTS LIMITED Ref : CIL/STEX 3O/Q1FY23 Date . August 09,2022 To The Secretary, BSE Limited National Stock Exchange of lndia Limited Corporate relation Dept, Plot No. Cl1, G Btock, P.J. Towers, Bandra Kurla Complex Dalal Street, Fort, Bandra (East) Mumbai-400 001 Mumbai-400 OSI 5407
Slide 2: Investor Presentation Q1 FY23
Investor Presentation Q1 FY23 August 2022 Capacit'e Infraprojects Ltd. On a Long-term Growth Path…
Slide 3: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Capacit'e 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 s
Slide 4: Q1 FY23 Standalone Performance
Q1 FY23 Standalone Performance 3
Slide 5: Q1 FY23 Key Financial Highlights
Q1 FY23 Key Financial Highlights Revenue from EBIDTA grew by Cash PAT grew by PAT grew by 538% Gross Debt Equity operation grew by 140% Y-o-Y to ₹ 188% Y-o-Y to ₹ 76.3 Y-o-Y to ₹ 28.6 Crs. ratio stood at 0.36x 70% Y-o-Y to ₹ 100.8 Crs. Crs. 477.1 Crs Net Debt Equity ratio PAT Margin stood Cash PAT M
Slide 6: Q1 FY23 Standalone Profit & Loss
Q1 FY23 Standalone Profit & Loss Particulars (₹ In Crs) Q1FY23 Q1FY22 Y-o-Y Q4FY22 Q-o-Q FY22 FY21 Y-o-Y Revenue from Operations 477.1 280.2 70% 346.9 37.5% 1,339.8 879.7 52.3% Other Income 1.9 2.4 1.6 13.1 28.7 Total Income 479.0 282.6 70% 348.5 37.4% 1,352.9 908.4 48.9% Cost of Material Consumed (
Slide 7: Robust Performance
Robust Performance Quarterly Revenues (₹ Crores) EBIDTA (₹ Crores) 140% Y-o-Y 70% Y-o-Y PAT (₹ Crores) CASH PAT (₹ Crores) 538% Y-o-Y 197% Y-o-Y 6
Slide 8: Change in Accounting Policy
Change in Accounting Policy During the current quarter, the Company has changed the method of measuring progress i.e. from output method to input method as specified in Ind-AS 115 – „Revenue from Contract with Customers‟ consequent to change in the circumstances including change in the nature of con
Slide 9: Debt Profile
Debt Profile Long Term Debt Short Term Debt Gross Debt (₹ In cr) (₹ In Cr) (₹ In Cr) • Company achieved a 70% Y-o-Y increase in turnover. Maintained debt levels Gross Debt Equity Ratio despite increase in turnover and challenging external environment • Gross debt equity ratio within comfort level at
Slide 10: Working capital efforts
Working capital efforts Debtor (₹ in Crs) Collections (₹ In Crs) Creditor (₹ in Crs) Working Capital (₹ in Crs) 528 618 564 587 606 645 297 307 Q4 FY22 Q1 FY23 Q4 FY22 Q1 FY23 Q4 FY22 Q1 FY23 Q4 FY22 Q1 FY23 Debtors including retention monies has stabilized Collected ₹ 307 crores in Q1 FY23 Wo
Slide 11: Order Book Details as on 30th June 2022
Order Book Details as on 30th June 2022 Order Backlog (₹ in Crs) Project Split Category wise split 10,484 8,720 8,702 7,177 8,229 14% 28% FY19 FY20 FY21 FY22 Q1 FY23 52% Order Inflow (₹ in Crs) 21% 86% Residential 6,001 High Rises Super Rises Commercial & Instutitions 3,629 616 826 Mixed Use 148 FY1
Slide 12: Healthy Order Book to support Revenue uptick
Healthy Order Book to support Revenue uptick (Standalone) (Under an Integrated SPV) Diversified Orderbook across clientele Execution focus on projects for marquee clients in private & public sector, profitable Public Private MHADA working capital cycle and Sector Sector projects with last mile c
Slide 13: Multi-specialty Hospital under M.C.G.M
Multi-specialty Hospital under M.C.G.M Key Project Won in Q1FY23 Objective • A well conceptualised medical institution, fulfilling basic norms of Indian Public Health Standards and well planned adhering to the prevailing Development Control Rules of M.C.G.M • Location of the plot is more suitable fo
Slide 14: Poised for Growth…
Poised for Growth… We have re-gained our Execution 01 02 Working Capital Management Working capital is on pace of execution and an improving trend going forward, expect to ROCE and we expect further maintain the momentum improvement in coming quarters We have implemented A Majority of our Order book
Slide 15: Industry Dynamics to benefit organized large players
Industry Dynamics to benefit organized large players Government Push Government focus on infrastructure creation coupled with favourable 01 policies for the Real estate sector augurs well and will provide sustained uptick in execution over the next few quarters Consolidation 02 Consolidation in the
Slide 16: Our Business Model
Our Business Model 15
Slide 17: Developed our service portfolio by capturing the complexities
Developed our service portfolio by capturing the complexities … 2018 Onwards 04 High Rise Super High Rise Gated Communities Commercial Office Multi Level Car Parks Hotels + Hospitals Data Centers Factory Construction Malls 2016 Onwards 03 High Rise Super High Rise Gated Communities + Commercial Offi
Slide 18: ... & built a sustainable model
... & built a sustainable model Sustainable Model: Timely Orderbook Execution + Technology Focus + Large Opportunity = SUSTAINABLE PROFITABILITY Factory & Buildings (F&B) Leveraging Ecosystem Focus on High & Super High-Rise buildings with Maximize existing Assets & human high degree of complexity in
Slide 19: Hybrid Service Portfolio = Private + Public
Hybrid Service Portfolio = Private + Public Efficiency 01 04 Opportunity Benefit from the Large Central Schemes of the Government aimed towards Better Enhances the multi fold construction Hospitals, Public Housing, Airports, opportunity in the world‟s fastest amongst others growing economy, for a yo
Slide 20: Orderbook Size
Hybrid Service Portfolio – Builds Diversity FY18 FY19 FY20 FY21 FY22 13% 13% Sector wise Split 40% 41% 100% 60% 59% 87% 87% Public Private Orderbook Size Public Order Book Public Order Book Public Order Book Public Order Book ₹ 915 Crs ₹ 5,713 Crs ₹ 5,440 Crs ₹ 5,148 Crs Private Order Book + + + + ₹
Slide 21: Strategic Priorities
Strategic Priorities Marquee Clientele Account Groups Design & Build Lean Balance Sheet Cash Flows Work with Large and Deepen the culture of account Design & Build projects, Most sustainable Strong Cash Flow Focus Liquid public & private driven approach, due to which attracting lump sum companies ha
Slide 22: Project Profile
Project Profile 21
Slide 23: World Trade Center – Brigade Group
World Trade Center – Brigade Group 22
Slide 24: Our Creation (1/5)
Our Creation (1/5) Lodha – The Park Piramal – Mahalaxmi Oberoi - Juhu Bungalow 23
Slide 25: Our Creation (2/5)
Our Creation (2/5) Lodha – Altamount SBUT Nahar - Excalibur 24
Slide 26: Our Creation (3/5)
Our Creation (3/5) Four Seasons Auris Serenity Oberoi Enigma 25
Slide 27: Our Creation (4/5)
Our Creation (4/5) Neelkantha - Thane Godrej Emerald 26
Slide 28: Our Creation (5/5)
Our Creation (5/5) Lodha - Splendora Hiranandani – The Park 27
Slide 29: Strong Financials to Support Growth
Strong Financials to Support Growth 28
Slide 30: Robust Order Book …visibility for growth…
Robust Order Book …visibility for growth… Order Book (₹ in Crs) Order Book to Sales Ratio (No. of years) 9.9 10,484 8,720 8,702 6.7 6.5 7,177 5,682 4.2 3.9 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 29
Slide 31: Profit & Loss Statement
Profit & Loss Statement Particulars (₹ In Crs) FY22 FY21 FY20 FY19 FY18 Revenue from Operations 1,340 880 1,529 1,788 1,336 Other Income 13 29 25 37 24 Total Income 1,353 909 1,554 1,825 1,360 Cost of Material Consumed (Incl. Construction 931 602 1064 1320 966 Expenses) Employee Expenses 109 79 137
Slide 32: Balance Sheet
Balance Sheet ASSETS (₹ In Crs) Mar'22 Mar‟21 Mar‟20 Mar‟19 Mar‟18 EQUITY & LIABILITIES (₹ In Crs) Mar'22 Mar‟21 Mar‟20 Mar‟19 Mar‟18 NON-CURRENT ASSETS 932 1,006 942 726 541 EQUITY 974.0 929 926 843 749 Property, plant & equipment 679 650 646 539 409 Capital work-in-progress 14 6 5 4 0 Equity Share
Slide 33: Standalone Cash Flow Statement
Standalone Cash Flow Statement Cash Flow Statement (₹ In Crs) FY22 FY21 FY20 PBT 61 5 103 Adjustments 176 163 171 Operating profit before working capital changes 237 168 275 Changes in working capital -177 -83 118 Cash generated from operations 60 85 393 Direct taxes paid (net of refund) -25 -10 -37
Slide 34: For further information, please contact
For further information, please contact Company : Investor Relations Advisors : Capacit'e Infraprojects Ltd. Marathon Capital Advisory Pvt. Ltd Mr. Alok Mehrotra (President, Corporate Finance) Mr. Amit Porwal / Mr. Rahul Porwal ir@capacite.in amit@marathoncapital.in / rahul@marathoncapital.in +91 98
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