Ircon International Ltd. · NSE:IRCON
Ircon International — Q4 FY2020 Earnings Presentation
31 slides from Ircon International's earnings presentation, Jul 13, 2020
Slide 1: Intimation of Investor Presentation - Q4 & FY20
इरकॉन इं टरनेशनल िलिमटे ड (भारत सरकार का उप म) IRCON INTERNATIONAL LIMITED (A Govt. of India Undertaking) An integrated Engineering and Construction Company IRCON/SECY/STEX/124 13th July, 2020 BSE Limited National Stock Exchange of India Limited Listing Dept./ Dept of Corporate Listing Department Se
Slide 2: Investors Presentation – Q4 & FY20
Ircon International Limited Investors Presentation – Q4 & FY20 1
Slide 3: Financials, Order Book, Awards, Projects, Highlights, Covid-19 Impact
Financial Performance Order Covid – 19 Financials Awards Projects Highlights Highlights Indicators Book Impact
Slide 4: Financial Highlights
Financial Highlights 3
Slide 5: FY20 Financial Highlights (Standalone)
FY20 Financial Highlights (Standalone) • Rs. 5202.45 crore Operating Revenue • Growth of 17.8% Y-o-Y Core EBITDA • Rs. 476.54 crore • Growth of 26.1 % Y-o-Y Core EBITDA Margin •• Growth 9.16 % of 60 Bps Y-o-Y • Rs. 489.78 crore PAT • Growth of 10.1 % Y-o-Y • 9.00 % PAT Margins • De-growth of 50 bps
Slide 6: Q4FY20 Financial Highlights (Standalone)
Q4FY20 Financial Highlights (Standalone) • Rs. 1788.32 crore Operating Revenue • Growth of 58% Q-o-Q • Rs. 129.53 crore Core EBITDA • Growth of 10.6% Q-o-Q • 7.24% Core EBITDA Margin • De-growth of 3.1% • Rs. 122.42 crore PAT • De-growth of 11.6% Q-o-Q • 6.69% PAT Margins • De-Growth of 42.5% Q-o-Q
Slide 7: Performance Indicators
Performance Indicators 6
Slide 8: Performance Indicators – FY20 (Standalone)
Performance Indicators – FY20 (Standalone) Operating Revenue (Rs.Cr) Core EBITDA (Rs.Cr) 5400.00 5202.45 5200.00 530 476.54 5000.00 480 4800.00 430 378.01 4600.00 4415.10 380 4400.00 330 4200.00 280 4000.00 230 3800.00 180 3600.00 130 3400.00 80 FY19 FY20 FY19 FY20 Profit Before Tax (Rs.Cr) Profit A
Slide 9: Performance Indicators – Q4FY20 (Standalone)
Performance Indicators – Q4FY20 (Standalone) Operating Revenue (Rs.Cr) Core EBITDA (Rs.Cr) 170 157.43 2000 160 1788.32 150 1800 140 129.53 1532.79 130 1600 120 1400 110 100 1200 90 1000 80 Q4FY19 Q4FY20 Q4FY19 Q4FY20 Profit Before Tax (Rs.Cr) Profit After Tax (Rs.Cr) 130 122.42 240 223.59 120 220 11
Slide 10: Financials
Financials 9
Slide 11: FY20 Income Statement (IND-AS) (Standalone)
FY20 INCOME STATEMENT ( IND-AS) (Standalone) INCOME STATEMENT (INR Cr) FY20 FY19 Y-o-Y Operating Revenue 5202.45 4415.10 17.8% Total Expenses (Excl. Depreciation & Finance Cost) 4725.91 4037.09 17.1% Core EBITDA 476.54 378.01 26.1% Core EBITDA Margins (%) 9.16% 8.56% 60 bps Depreciation 15.93 11.70
Slide 12: Q4FY20 Income Statement (IND-AS) (Standalone)
Q4FY20 INCOME STATEMENT (IND-AS) (Standalone) INCOME STATEMENT (INR Cr) Q4-FY20 Q3-FY20 Q-o-Q Q4-FY19 Y-o-Y Operating Revenue 1788.32 1132.18 58% 1532.79 16.7% Total Expenses (Excl. Depreciation & 1658.79 1015.09 63.4% 1375.36 20.6% Finance Cost) Core EBITDA 129.53 117.09 10.6% 157.43 (17.7%) Core E
Slide 13: Order Book
Order Book 12
Slide 14: Order Book as on 31st March 2020
Order Book as on 31st March 2020 Segmental Order Book SEGMENT ORDER BOOK AS % OF TOTAL ORDER BOOK Railways – Rs 29,181.99 Crore Highway- 4.98% Railway- 95.02% Highways – Rs 1,530.74 Crore Geographical Basis Domestic – Rs 29,387.07 Crore International – Rs 1,325.66 Crore Break- up of order basis Nomi
Slide 15: Awards
Awards 14
Slide 16: Awards & Accolades received in FY20
Awards & Accolades received in FY20 Award Category / Project 7th FICCI Quality Systems Excellence Award for Industry Good practices in Quality Systems Institute of Economic Studies (IES) Award, Sri Lanka Outstanding Global Leadership Award to CMD IRCON Golden Peacock Award Risk Management Golden Pea
Slide 17: Projects
Projects 16
Slide 18: M7
M7
Slide 19: NONI, PIXXX
NONI, PIXXX
Slide 20: Highlights
Highlights 19
Slide 21: Major Highlights FY20
Major Highlights FY20 • Adjudged the best performing PSU which has commissioned 513 RKM of Railway Electrification work during 2019-20. • Hajipur - Bachwara Doubling project, section between Bachwara - Mohiunddin Nagar has been commissioned on 13.05.19. Further, 18.69 Km of Mohiunddin Nagar - Shahpu
Slide 22: Major Highlights FY20
Major Highlights FY20 • The efforts of IRCON have been recognized by the industry which has acknowledged the success of IRCON by awarding it as much as 10 Corporate Excellence awards in the year 2019-20. These awards were in different categories, such as- 7th FICCI Quality Systems, Golden Peacock Aw
Slide 23: Electrical projects completed in FY 2019-20
• In FY 2019-20 IRCON has completed following three Electrical Projects RAPDRP - Part B Project under Jammu province (Cluster - I, Jammu Left) RAPDRP - Part B Project under Jammu province (Cluster - II, Jammu Right) R-APDRP Part B Project (Cluster-IV) (Akhnoor, Rajouri, Poonch, Udhampur, Doda,
Slide 24: Railway electrification work completed in FY 2019-20
• Completed following railway electrification work in FY 2019-20: 349.7 Tkm in Mathura-Kasganj - Kalyanpur RE Project 241.9 Tkm in Katni Singrauli RE Project. 17.6 Tkm in Katni Singrauli Doubling Project 25.5 Tkm in Kiul Gaya Doubling Project 40.3 Tkm in Hajipur Bachwara Doubling Project
Slide 25: New Projects
New Projects • Sri Lanka Contract: On an international level, IRCON has been awarded an International Railway Contract worth Approx USD 91.27 Million (equivalent to INR 635 crore) from Sri Lanka Railways under the Ministry of Transport & Civil Aviation, Govt. of Sri Lanka. • The contract is for upgr
Slide 26: Technology Up-gradation
Technology Up-gradation • IRCON has purchased a new NTC machine for DFCC project which is successfully commissioned to improve productivity, safety, efficiency and quality in track laying at DFCC Project. Only two companies have this machine. Ircon has made a capital investment of Rs. 105 Cr for pur
Slide 27: COVID-19 Impact
COVID – 19 IMPACT 2 6
Slide 28: COVID-19 Impact
COVID-19 Impact •As the nature of business performed by the Company falls under the non-essential category, the Company temporarily suspended the operations in all ongoing projects in compliance with the lockdown instructions issued by the Central and State Governments. These nationwide lockdown res
Slide 29: COVID-19 impact on contracts and operations
•There are no existing major contracts or agreements where there will be any material & fundamental impact on the company due to non-fulfilment of obligations. • The situation remains fluid, and as the duration and impact of COVID-19 continues to evolve, it is not possible to estimate the full exten
Slide 30: Safe Harbour
Safe Harbour No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events not current after the
Slide 31: Thank You
THANK YOU For more information contact: Shri. Surajit Dutta Gaurav Girdhar / Irfan Raeen CGM/Finance & Chief Investor Relation Officer Concept Investor Relations Ircon International Limited Tel: +022 40558900 Tel: 011 -26530459 M: +91 7798232425 / 9773778669 E-mail: surajit.dutta@ircon.org E-mail: g
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