Slide 1: Corporate Presentation Sept, 2014
CORPORATE PRESENTATION Sept, 2014 Simple solutions for complex structures 1 SIMPLEX INFRASTRUCTURES LTD.
Slide 2: Disclaimer
Disclaimer • Certain statements in this presentation concerning our future growth prospects are forward- looking statements, which are subject to a number of risks, uncertainties and assumptions that could cause actual results to differ materially from those contemplated in such forward-looking stat
Slide 3: Simplex Background
Simplex Background ● Established in 1924 and executed over 2700 projects. ● Presence pan-India and Overseas with over 200 ongoing projects. ● Presence across all Construction Verticals—Ground Engineering, Industrial, Building & Housing, Power—Thermal; Nuclear; Hydel; Power Transmission, Marine Ports
Slide 4: Milestones
Milestones 1992 - Built international class hotel 1993 - Went Public at Tashkent, Uzbekistan 1996 - Follow on public issue of Equity 1990 - Piling jobs in UAE – Abu shares & Rights Issue of POCD Dhabi 2000 – Added more construction 1960 - Foray into construction of Thermal verticals Power Plants ran
Slide 5: Simplex - Organisational Strength
Simplex - Organisational Strength • Promoters focussed solely on this business for nearly 7 decades. • Promoters hold 56% and FIIs & MFs holds 31%. • Some of the key investors include Funds like HDFC, Chrys Capital, SBI Bank & MF, Birla, UTI ,Tata, Templeton, Reliance MF, GE, HSBC , General Insuranc
Slide 6: Simplex - Business Strengths
Simplex - Business Strengths Risk-mitigated Business Model ● Risk-mitigated, well-diversified and spread out construction revenues ● The largest sector in revenues – Bldg & Hsg construction 29%. ● The largest sector in order book – Bldg & Hsg construction 39%. ● Single Client exposure average 0.47%.
Slide 7: Business Strength – Segments
Business Strength – Segments… ● Since 1924.Introduced Ground Engg. techniques in the Indian sub-continent. Ground ● Ground Engg. includes Piling - Driven cast-in-situ, Driven Precast RCC, Bored Engg. cast-in-situ RCC, Under-reamed, Diaphragm walls; Ground Strengthening. (7/6%)* ● Major orders : Guja
Slide 8: Business Strength - Segments
…. Business Strength - Segments ● Since 1940. Started with King George Docks in Mumbai ● Associated with many major ports in India and area of operations includes design Marine & const. of on-shore and off-shore structures. (2/1%)* ● Commissioned the largest ICTT Kochi for DP World , at JNPT for Mae
Slide 9: Business Strength – Diversity of Sales
Business Strength – Diversity of Sales Segments S a l e s (in %) Figures in % FY10 FY11 FY12 FY13 FY14 H1 FY15 Piling & Ground Engg. 9 9 7 6 6 7 Industrial 20 14 11 10 12 17 Bldg. & Hsg. 11 9 12 18 26 29 Power 23 30 36 32 22 17 Marine 9 5 3 1 1 2 Roads 2 5 6 8 14 7 Railways 1 2 2 2 2 2 Bridges 15 12
Slide 10: Business Strength – Robust & Diverse New orders
Business Strength – Robust & Diverse New orders Order Inflow (in %) Segments FY09 FY10 FY11 FY12 FY13 FY14 H1FY15 Segment (%) 4 5 8 7 3 4 7 Piling 38 38 17 39 15 3 18 Power 22 22 9 3 5 7 12 Industrial 1 1 3 6 ` 5 Marine ` ` 18 18 19 26 - Road ` ` 4 1 2 6 - Railways 4 3 9 1 19 10 - Bridges 25 25 23 3
Slide 11: Business Strength – Diversified Order-book
Business Strength – Diversified Order-book…. FY10 FY11 FY12 FY13 FY14 H1FY15 Segment (%) 3 4 4 2 3 3 Piling Power 27 22 25 20 11 13 Industrial 19 16 11 8 6 6 Marine 3 2 1 3 3 3 Road 2 10 15 20 16 14 Railways 1 2 2 2 4 3 Bridges 9 9 5 9 14 10 Bldg & Hsg 21 22 29 26 32 39 Urban 15 13 8 10 11 9 100 100
Slide 12: Business Strength – Diversified Order-book
…..Business Strength – Diversified Order-book Segment FY10 FY11 FY12 FY13 FY14 H1FY15 (%) Govt 37 30 25 32 48 52 PPP 8 12 14 18 2 1 Private 55 58 61 50 50 47 Total(%) 100 100 100 100 100 100 Segment FY10 FY11 FY12 FY13 FY14 H1FY15 (%) Domestic 78 87 90 94 81 84 Foreign 22 13 10 6 19 16 Total(%) 100
Slide 13: Business Strength – Strong Bid Pipeline
Business Strength – Strong Bid Pipeline Segment (%) H1FY15 Segment (%) H1FY15 3 Domestic 48 Piling Foreign 52 Power 22 Total(%) 100 Industrial 24 Marine 2 Segment (%) H1FY15 Road 2 Railways 2 Govt 17 Bridges 13 PPP - Private 83 Bldg & Hsg 21 Urban 11 Total(%) 100 100 Total (%) 29891 Amount (` Crs) I
Slide 14: Simplex - Growth Drivers
Simplex - Growth Drivers… • Planned Capacity addition 17830 MW for FY15. • By 2030, capacity needed 8,00,000 MW. Power • Availability of adequate and quality power for all, necessary for economic growth of 8%+ • Expected annual construction $20bn. • Share in Order book 13% and in bid pipeline 22%. •
Slide 15: Simplex - Growth Drivers
.... Simplex - Growth Drivers • Vast coastline 7517 km, Improvement of existing berths & new terminals expected. • Planning Commission estimate investment $ 7 bn in FY15 Ports • Overall capacity to double to 800 MMT in next 6 years. • Share in Order book 3% and in bid pipeline 2%. • Proposal to set
Slide 16: Years' Financials - P & L
5 Years’ Financials - P & L (`. In Mn) PARTICULARS 2010-11 2011-12 2012-13 2013-14 H1 FY15 Sales 48753 60868 59999 57234 26583 EBITDA 5148 5544 5854 6433 3077 OPM % 10.6% 9.1% 9.8% 11.2% 11.6% EBIT 3479 3586 3793 4328 2016 EBIT % 7.1% 5.9% 6.3% 7.6% 7.6% PBT 2003 1273 829 856 399 % of Sales 4.1% 2.1
Slide 17: Years' Financials – Balance Sheet
5 Years’ Financials – Balance Sheet (`. in Mns) Particulars 31.03.2011 31.03.2012 31.03.2013 31.03.2014 30.09.2014 Sources of Funds Net Worth 12323 13960 14894 16051 16062 Loans 16607 21318 26784 29296 31465 Capital Employed 28930 35278 41678 45347 47527 Application of Funds Gross Block 15361 18126
Slide 18: Marquee Clientele
Marquee Clientele MSRDC NPCIL AAI MMRDA 18 SIMPLEX INFRASTRUCTURES LTD.
Slide 19: Simplex - Key Projects
Simplex - Key Projects Ground Engineering Industrial Building & Housing Power Marine Roads, Railways & Bridges Urban Infra 19 SIMPLEX INFRASTRUCTURES LTD.
Slide 20: Thank You
Thank You Website: www.simplexinfra.com Contact: Mr. Naresh Rathi- Email: naresh.rathi@simplexinfra.com, Mobile: +91 9836588088 Scrip Codes: NSE – SIMPLEXINF, BSE – 523838, Reuters – SMCP.BO, Bloomberg - SINFIN 20 SIMPLEX INFRASTRUCTURES LTD.