Nila Infrastructures Limited · NSE:NILAINFRA
Nila Infrastructures — Investor Presentation (September 2017)
46 slides from Nila Infrastructures's investor presentation, September 2017
Slide 1: Ground Impact – Investor Presentation September 2017
GROUND IMPACT Investor Presentation September 2017
Slide 2: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by Nila Infrastructures Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any
Slide 3: Agenda
AGENDA Highlights Background Business Overview Order book & Clientele Financials
Slide 4: Management Commentary
Management Commentary Our encouraging result for Q1‐FY2018 sets a tone for the entire FY. With a healthy order book and execution visibility; this FY appears to have substantial potential in line with our vision of “Sustainable Growth”. It gives us confidence to continue the growth momentum by timel
Slide 5: Key Financial Highlights – Q1 FY2018
Key Financial Highlights – Q1 FY2018* PAT 64% PAT of ₹ 66.0 million PAT Margin improved by 109 bps to 9.6% EBITDA 68% EBITDA of ₹ 121.2 million EBITDA Margin improved by 238 bps to 17.7% Revenue 45% Revenue of ₹ 684.8 million * Standalone & as per IND-AS 5 YoY basis
Slide 6: Quarter Financial Highlights
Quarter Financial Highlights* Revenue ( ₹ Millions) EBITDA ( ₹ Millions) +45% +68% 685 121 472 72 Q1FY17 Q1FY18 Q1FY17 Q1FY18 PAT ( ₹ Millions) EBITDA & PAT Margin +64% 66 17.7% 15.3% 40 9.6% 8.5% Q1FY17 Q1FY18 Q1 FY17 Q1 FY18 EBITDA PAT 6 * - Standalone
Slide 7: Update on SRA Project
Update on SRA Project • PPP order from AMC for Slum Rehabilitation and Redevelopment ➢ Construction of ~609 residential units and ~21 shops in 24 months ➢ Total development cost of ₹ 492.0 million ➢ Remuneration: TDR of ₹ 342.2 million & balance vacant land worth ₹ 149.8 million • Agreement for Sale
Slide 8: Giridharnagar Project Site
Giridharnagar Project Site 8
Slide 9: Agenda
AGENDA Highlights Background Business Overview Order book & Clientele Financials
Slide 10: About Us
About Us 1 2 3 4 Sambhaav Group Company Execution Strong & Affordable Housing • Unique hybrid model of Versatile Order-book (Infrastructure) • 27+ years of Project Execution experience of project • Focused on Affordable execution • Order book of • Total of 7,718 flats = Housing (Infrastructure) ₹4,5
Slide 11: What Drives Us
What Drives US • Mark our presence as a leading infrastructure and real-estate player across various geographies, perform with a high level of integrity and harness credibility • Contribute to the economic prosperity and growth through participation in projects of national importance • Raise our own
Slide 12: Milestones
Milestones 2014- Onward Growth • AMC awards contract for Affordable Housing under Mukhya Mantri Avas Yojana, Multi Level Parking, SRA 2017 • Rajasthan Government, VUDA awards projects for Affordable Housing, Civic Urban Infrastructure • Infusion of further equity through Pvt Placement • Listing on N
Slide 13: Board of Directors
Board of Directors Mr. Manoj B. Vadodaria - Chairman & Managing Director Mr. Kiran B. Vadodaria - Joint Managing Director ▪ With 40+ years of experience, knowledge and insight in the ▪ B.E. (Mechanical) from L.D. Engineering College, currently the construction industry, Mr. Vadodaria transformed Nil
Slide 14: Board of Directors
Board of Directors Mr. Shyamal S. Joshi – Director Mr. Harcharansingh P. Jamdar - Director ▪ Mr. Joshi possesses 43+ years of senior level financial ▪ Mr. Jamdar has headed various departments of the management experience in manufacturing and trading Government of Gujarat including Roads & Building
Slide 15: Management Team
Management Team Rajendra Anand Patel Mr. Ravinder Sharma – President Kumar President (Projects) President (Business (Civil) Development) • Mr. Patel had been the • Mr. Kumar carries a very rich professional • Mr. Sharma is a law Additional City Engineer with experience of more than 30 years in contr
Slide 16: Management Team
Management Team Deep S. Jignesh Patel Ritesh Prashant H. Vadodaria President Parikh Sarkhedi Chief Project Industrial Chief Finance Operating Management Projects Officer Officer & Strategies Head • Mr. Deep Vadodaria is an • Mr. Patel is a civil • Mr. Ritesh Parikh is • Mr. Sarkhedi is a original th
Slide 17: Agenda
AGENDA Highlights Background Business Overview Order book & Clientele Financials
Slide 18: Key Differentiators
Key Differentiators Project execution: Dividend Track Record: Significant experience and Consistent dividend payments strong track record in: for last seven (7) years and 8th Timely completion, cost year proposed effective execution Project diversity: Promoter Share Pledge: Affordable Housing Projec
Slide 19: Key Differentiators
Key Differentiators • ISO 9001:2008 accreditation by • Certificate of Excellence • Most Impactful CSR Certification International (UK) Ltd Leader Award http://www.growthinstitute.in/emag azine/sep11/2011class1.html • Registered as approved Contractor in Special Category – I Buildings Class with Gove
Slide 20: Project Execution Profile
Project Execution Profile ✓ Model prominent in the State of ✓ Contract awarded for Engineering, Rajasthan Procurement, Construction by ✓ Contract awarded for Engineering, Government Authority EPC EPC + PPP Procurement, Construction by ✓ Generally fixed price contracts Government Authority ✓ Generall
Slide 21: Project Execution Profile
Project Execution Profile EPC EPC+PPP PPP Risk Profile Low Medium High Moderate Moderate High Margin Profile Affordable Housing, Housing for All by 2022, Smart Cities, etc. 21
Slide 22: Our footprints: Gujarat & Rajasthan
Our footprints: Gujarat & Rajasthan 22
Slide 23: Gujarat – Home Ground Advantage
Home Ground Advantage Gujarat Infrastructure Civic Urban Infrastructure White Label Construction Own real estate projects Leasing ▪ Affordable ▪ Global Award Winning BRTS ▪ AP SEZ Office ▪ Atuulyam ▪ 88,000 sq. ft commercial Housing project space in Ahmedabad ▪ Adani Pratham Township ▪ Asmaakam ▪ Mu
Slide 24: Our footprints: Ahmedabad
Our footprints: Ahmedabad 24
Slide 25: Rajasthan
Sunrise state: The Land of Opportunities Rajasthan Housing Project through Public Private Partnership Civic Urban Infrastructure ▪ Mega Housing at Jodhpur for EWS, LIG & MIG ▪ Contract awarded by Engineering Projects (India) Ltd. at Barmer ✓ 1,072 units totalling to ~4,72,800 sq. ft ✓ EPC contract f
Slide 26: Affordable Housing (Infrastructure)
Affordable Housing (Infrastructure) ❖ Total of 7,718 units of Affordable Housing, (3.1 million sq. ft.) under development ❖ GUJARAT: Execution of Affordable Housing projects for cash rich entities like AMC, VUDA^, Adani Group etc. – Constructing ~1.7 million sq. ft. aggregating ~4,602 units of Affor
Slide 27: BRTS: A Success Story
BRTS: A Success Story ❖ Prime Contractor for Global Award Winning BRTS (Bus Rapid Transit System) project of AMC under JNNURM – 72% BRTS stations built by Nila (104 out of total 144) ❖ Total value ~ ₹ 630.0 Millions – AMC initially awarded 28 BRTS stations – Owing to Proficient Execution, Excellent
Slide 28: Other Urban Infrastructure
Other Urban Infrastructure ❖ Sole Contractor for first Urban Development Project of 260 decorative bus shelters completed for AMC – Exclusive publicity rights of these shelters accorded to group company – Sambhaav Media Ltd. ❖ Early completion and superior construction quality prompted AMC to award
Slide 29: Realty Business
Realty Business ❖ Leveraging low cost land bank to develop our own Real Estate Projects – Projects through Joint Ventures (JVs) and Associates also ❖ Entire spectrum of project development activities – Identification and acquisition of land at economical rates – Project Planning, Development, Sales
Slide 30: Key Industrial Land Bank
Key Industrial Land Bank ❖ Built a propitious land-bank with potential of future development ➢ Longer term plan is to monetise through developing industrial parks, dormitories, etc. Location Sq. Mtrs. Key Highlights Land right on the National Highway 8A and adjacent to railway line, Bavla 1,02,133 I
Slide 31: Subsidiaries, JVs, Associate
Subsidiaries, JVs, Associate ❖ Formed along with other renowned Real Estate Developers to take benefit of: – Larger scale to work – Diverse operations – Risk distribution Name of Entity Stake (%) Status Nila Terminals (Amreli) Pvt. Ltd. 100.00% Development of Bus Port facility Real Estate project: P
Slide 32: Becharaji: The Next Big Thing
BECHARAJI :The Next Big Thing KM from Our site State Highways Acquisition Progress ❖ Becharaji emerging as 0 one of the India’s Major Romanovia Residential & Industrial Park Auto Hubs Maruti Suzuki Plant 2.5 kms (150Acres) ❖ Industrial Park at Becharaji: Joint Venture 5 9% 69% between Nila Becharaji
Slide 33: Seizing Opportunities
Seizing Opportunities New Opportunities ❖Gujarat International Real Estate Finance Tec-city ❖Accumulated land bank Urban Infra ❖Metro-link Express for at economical rates for Gandhinagar and ❖Immense opportunities Real Estate and Industrial Ahmedabad in affordable housing Projects ❖Dholera Special ❖
Slide 34: Agenda
AGENDA Highlights Background Business Overview Order book & Clientele Financials
Slide 35: Order book Details
Order book Details Order book at June 30, 2017 ( ₹ 4521.2 Millions) Affordable CUI & WLC Housing 16% Segment 13% 42% Segment 31% Break up Break up 84% 58% 56% EPC PPP EPC EPC+PPP PPP CUI & WLC Affordable Housing YTD Order Inflow Highlights Total Order-book break up 18% ❖ Total Order inflow worth ₹ 1
Slide 36: Order book movement
Order book movement Unexecuted at Added during Executed during To be executed at Likely Sr. Project – Client 01-Apr-2017 Q1 FY 2018 Q1 FY 2018 30-Jun-2018 Completion (₹ million) A B C D = A+B-C 1 Girdharnagar - AMC 160.8 126.9 262.6 25.1 Oct-17 2 Khodiyarnagar - AMC - 251.6 - 251.6 3 Modasa BTF - GS
Slide 37: Clientele
inn * Clientele : DEVELOPMENT AUTHORITY applewoods pratham LD Adani Ports and Special Economic Zone Ltd
Slide 38: Agenda
AGENDA Highlights Background Business Overview Order book & Clientele Financials
Slide 39: Quarter Profitability Statement
Quarter Profitability Statement* Particulars ( ₹ Millions) Q1 FY18 Q1 FY17 YoY Construction & Development of Infrastructure Projects 656.3 356.7 Construction & Development of Real Estate Projects 20.6 100.7 Others 7.9 14.1 Total Revenue 684.8 471.5 45% Cost of Construction and Development 540.6 379.
Slide 40: Historical Financial Highlights (IGAAP)
Historical Financial Highlights* (IGAAP) Revenue ( ₹ Millions) EBITDA ( ₹ Millions) +34% +27% 2,242 365 1,831 274 1,244 227 FY15 FY16 FY17 FY15 FY16 FY17 PAT ( ₹ Millions) Closing Order book ( ₹ Millions) +37% +39% 228 4,076 170 121 2,095 2,026 FY15 FY16 FY17 FY15 FY16 FY17 40 * - Standalone
Slide 41: Standalone Profitability Statement (IGAAP)
Standalone Profitability Statement (IGAAP) Particulars ( ₹ Millions) FY17 FY16 YoY Construction & Development of Infrastructure Projects 1,925.6 1,574.6 Construction & Development of Real Estate Projects 115.5 178.0 Others 200.9 78.5 Total Revenue 2242.0 1831.1 22% Cost of Construction and Developme
Slide 42: Standalone Balance Sheet (IGAAP)
Standalone Balance Sheet (IGAAP) Particulars ( ₹ Millions) Mar-17 Mar-16 Particulars ( ₹ Millions) Mar-17 Mar-16 Non-Current Assets 1,123.9 916.9 Shareholder’s Fund 2,014.3 1,700.0 Fixed assets 346.3 333.5 Share capital 393.4 398.4 Non-Current Investments 237.2 198.8 Reserves & Surplus Deferred Tax
Slide 43: Consolidated Profitability Statement (IGAAP)
Consolidated Profitability Statement (IGAAP) Particulars ( ₹ Millions) FY17 FY16 YoY Total Revenue 2,224.6 1831.1 21% Cost of Construction and Development 1,767.4 1,487.2 Employee Cost 47.0 37.8 Other Expenses 46.9 32.7 EBITDA 363.1 273.4 33% EBITDA Margin 16.3% 14.9% Other Income 181.9 119.4 Deprec
Slide 44: Consolidated Balance Sheet (IGAAP)
Consolidated Balance Sheet (IGAAP) Particulars ( ₹ Millions) Mar-17 Mar-16 Particulars ( ₹ Millions) Mar-17 Mar-16 Shareholder’s Fund 1,980.4 1,657.0 Non-Current Assets 949.7 921.7 Share capital 393.4 398.4 Fixed assets 363.0 333.6 Reserves & Surplus 1,587.1 1,258.6 Non-Current Investments 126.1 95.
Slide 45: Towards Higher Impact
Towards Higher Impact Smart Cities Mission to develop 109 cities all over the country making them citizen friendly and sustainable Promote PPP framework effectively to address gap between the housing demand and supply 11 crore houses likely required by 2022 Housing shortage of about 6 crore units In
Slide 46: Contact Us
Contact Us Company : Investor Relations Advisors: Nila Infrastructures Ltd Strategic Growth Advisors Pvt Ltd. CIN: L45201GJ1990PLC013417 CIN: U74140MH2010PTC204285 Mr. Prashant Sarkhedi Mr. Jigar Kavaiya / Mr. Viraj Shah Email: phsarkhedi@nilainfra.com jigar.kavaiya@sgapl.net / viraj.shah@sgapl.net
Nila Infrastructures — Investor Presentation (September 2017) on 6ix