38 slides from J. Kumar Infraprojects's earnings presentation, Jun 27, 2020
Slide 1: Exchange covering letter for investor presentation
J. Kumar Infraprojects Limited 16-A, Andheri Industrial Estate, Veera Desai Road, Andheri (W), Mumbai-400 053. E.mail:info@jkumar.com,website:www.jkumar.com ,Ph:+91-22-67743555 (CIN L74210MH1999PLC122886) 27th June, 2020 The General Manager The Listing Department Department of Corporate Services Nat
Slide 2: J. Kumar Infraprojects Ltd.
J. Kumar Infraprojects Ltd. We dream… So we achieve… On a Long-term Growth Path… 1
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by J. Kumar Infra Projects 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
Slide 4: Contents
COVID IMPACT HIGHLIGHTS FY20 CORPORATE OVERVIEW Contents STRATEGIC PRIORITIES HISTORICAL FINANCIAL
Slide 5: COVID-19 impact
COVID-19 impact The company was unable to undertake planned work owing to the outbreak of pandemic and consequent imposition of lockdown by Government. March traditionally has been better in terms of revenue and realisation. With Central Government relaxing lockdown in mid April, we commenced work a
Slide 6: Our response to the COVID-19 impact
Our response to the COVID-19 impact Cost Rationalization Workmen Safety Measures Cashflow Focus Execution Focus Initiated a business continuity Ensured heightened safety Large cash reserves and focus Launched a plan towards plan and cost reduction protocols at all operating sites by on collections d
Slide 7: Risks Factors and Mitigation strategies implemented
Risks Factors and Mitigation strategies implemented Risk factors Mitigation Strategies Initiated cost rationalization measures and have been 1 Fixed cost management successful in reducing fixed and semi-variable costs Focusing on channelizing limited labour force with an 2 Labour availability aim to
Slide 8: HIGHLIGHTS FY20
HIGHLIGHTS FY20 29,705 mn 7% YoY Revenue (In ₹) 4,289 mn 2% YoY % 14.4 120 Bps ~₹ 1,16,437 mn As on Mar 31, 2020 EBIDTA (In ₹) EBIDTA Margin 1,836 mn 4% YoY % 6.2 13 BPS Shareholding Pattern as on Mar 31, 2020 Category Promoter & Promoter Group % Holding 45.3% PAT (In ₹) PAT Margin Mutual Funds 10.9
Slide 9: PERFORMANCE HIGHLIGHTS Q4 FY20 & FY20
PERFORMANCE HIGHLIGHTS Q4 FY20 & FY20 Revenue from Operations ₹ Mn EBIDTA ₹ Mn PAT ₹ Mn Cash PAT ₹ Mn 8
Slide 10: FINANCIAL Q4 FY20 & FY20
FINANCIAL Q4 FY20 & FY20 Particulars (₹ In Mn) Q4 FY20 Q4 FY19 Y-O-Y Q3 FY20 FY20 FY19 Y-O-Y Revenue from Operations 8,778 9,680 -9% 7,930 29,705 27,871 7% Cost of Material Consumed 5,702 6,318 4,854 18,169 17,203 Employee Expenses 823 635 841 2,987 2,477 Other Expenses 1,334 1,387 1,056 4,260 3,828
Slide 11: BALANCE SHEET AS AT MARCH 31, 2020
BALANCE SHEET AS AT MARCH 31, 2020 As at As at As at As at Particulars (₹ in Mn) Particulars (₹ in Mn) Mar 2020 Mar 2019 Mar 2020 Mar 2019 ASSETS EQUITY AND LIABILITIES Non-Current Assets Equity Property, plant and equipment 8,545 7,788 Equity Share Capital 378 378 Capital work-in-progress 987 798 O
Slide 12: Cash Flow Statement
Cash Flow Statement Particulars (₹ In Mn) FY20 FY19 PBT 2,333 2,683 Adjustments 2,010 1,692 Operating profit before working capital changes 4,343 4,375 Changes in working capital (821) (2,811) Cash generated from operations 3,523 1,564 Direct taxes paid (net of refund) (934) (738) Net Cash from Oper
Slide 13: KEY UPDATES FY 20
KEY UPDATES FY 20 Revocation of SEBI Receipt of Order Receipt of Order Receipt of Order Removal of Interim Order to worth ₹ 1,540 worth ₹ 1,998 worth ₹ 409 Company’s name appoint forensic crores from crores from crores from CIDCO from Suspect List / Auditor National Highway MMRDA for for constructio
Slide 14: CORPORATE OVERVIEW Shaping Modern India
CORPORATE OVERVIEW INCORPORATION TRACK RECORD 1 Incorporated in the year 1999 under the visionary leadership of Mr. Jagdishkumar M. Gupta, to undertake specialized construction work on 2 We have a track record of efficaciously completing 85+ projects, demonstrating our operation efficiency and capab
Slide 15: Order book, manpower and growth highlights
A C E B D Manpower PAT Order Book Manpower of CAGR of 20% Order Book of ~₹ - ~7,600 helping for the period FY 1,16,437 mn as on us complete our 2017-2020 Mar 31, 2020 Projects projects Revenue ~35 Projects CAGR of 23% under various for the period FY stages of 2017-2020 execution 14
Slide 16: WORK WE DO
WORK WE DO Metro • Metros Elevated • Metros Underground • Metro Station & Depot Flyovers & Bridges • Flyovers, Bridges & Roads • Pedestrian Subways • Airport Runways Civil & Others • Hospital/Medical College • Railway Terminus & Station • Commercial Building • Sports Complex • Other Civil Constructi
Slide 17: ORDER BOOK BREAKUP AS ON MARCH 31, 2020
ORDER BOOK BREAKUP AS ON MARCH 31, 2020 Segment Wise Break-up (%) Sub-segment wise Break-up (%) Geographical Break-up (%) Client wise Break-up (%) 16
Slide 18: ORDER BOOK POSITION AS ON MARCH 31, 2020
ORDER BOOK POSITION AS ON MARCH 31, 2020 Order Backlog Order Backlog Name of the Project Sub Segment Client Name Name of the Project Sub Segment Client Name (₹ mn) (₹ mn) MUMBAI METRO LINE-09-07A (CA48) Metro - Elevated MMRDA 19,827 CHHEDA NAGAR FLYOVER Flyover MMRDA 1,380 MUMBAI METRO LINE-6 BC03 M
Slide 19: REVENUE – KEY CONTRIBUTORS
REVENUE – KEY CONTRIBUTORS METRO - UNDERGROUND (₹ mn) METRO - ELEVATED (₹ mn) 18
Slide 20: REVENUE – KEY CONTRIBUTORS
REVENUE – KEY CONTRIBUTORS FLYOVER & BRIDGES (₹ mn) ROADS (₹ mn) CIVIL & OTHERS (₹ mn) 19
Slide 21: Our marquee clients
CIVIL AND FLYOVER & METRO & OTHERS BRIDGES RAILWAYS OUR MARQUEE CLIENTS UPRNNL 20
Slide 22: EQUIPMENT BANK
EQUIPMENT BANK TBM Machine Piling Machine Casting Yard Dumper / Tipper RMC Plant Segment Rolling Launching Gurder Bitumen Plant 21
Slide 23: OUR JOURNEY SO FAR
OUR JOURNEY SO FAR • Receipt of Order worth ₹1,540 crores from NHAI for construction of Dwarka Expressway • Receipt of Order worth ₹ 1,998 crores from MMRDA • Awarded Ahmedabad for Mumbai Metro Line 9 on • Awarded first Metro Metro Project worth a standalone basis Project by DMRC ₹ 2,781 Mn worth ₹
Slide 24: SOME OF OUR COMPLETED PROJECTS
SOME OF OUR COMPLETED PROJECTS Delhi Underground Metro Sky Walk – Mumbai Project KSB Underpass, Pune ESIC Alwar 23
Slide 25: SOME OF OUR COMPLETED PROJECTS….1
SOME OF OUR COMPLETED PROJECTS….1 Delhi Elevated Metro Amar Mahal Flyover Meenatai Thakre Flyover BKC- Chunabhatti Flyover 24
Slide 26: KEY ONGOING PROJECTS – MUMBAI METRO
KEY ONGOING PROJECTS – MUMBAI METRO Package 6 Package 5 Line 7 Line 2 Line 2 Package 5 25
Slide 27: KEY ONGOING PROJECTS
KEY ONGOING PROJECTS JNPT Thane Belapur Ahmedabad Metro Kalwa Bridge Thane JNPT SCLR 26
Slide 28: KEY STRENGTH
KEY STRENGTH Consistently delivering growth in financial performance across parameters Large & diversified order book from elite clientele Experienced Management team with proven track record Ownership of Large fleet of machineries and equipment Proven execution capabilities across verticals, strong
Slide 29: EXECUTIVE DIRECTORS
EXECUTIVE DIRECTORS Mr. Jagdishkumar Gupta – Mr. Kamal Gupta – Managing Mr. Nalin Gupta – Managing Promoter & Executive Director Director Chairman • Graduated with Bachelors in Civil • A commerce graduate and Mr. Jagdishkumar Gupta, the Engineering. Member of Indian Institution of architect of JKIL,
Slide 30: INDEPENDENT DIRECTORS
INDEPENDENT DIRECTORS Dr. R. Srinivasan Padmanabh P. Vora Ajit Singh Chatha Padam Prakash Jain Archana S. Yadav • Holds a Doctorate in • Chartered Accountant • Graduate with • M. Com and Diploma • Chartered Accountant Banking and Finance with over 32 years Honour's in Electrical in Management from w
Slide 31: OUR CORE TEAM
OUR CORE TEAM Poornima Reddy Pradeep K. Kulshrestha Arvind Gupta Company Secretary & Compliance Officer Chief Operating Officer Chief Financial Officer She is a Company Secretary, LLB and P.G. Diploma in He hold M Tech degree in Engineering A Chartered Accountant and has over 17 years of Finan
Slide 32: OUR CORE TEAM…1
OUR CORE TEAM…1 Dhiman Majumdar R. B. Singh P K Prabhakaran Project Head General Manager (Projects) DGM Tender (Dwarka Express Way Pkg-01 Project) He holds a bachelor’s degree in civil engineering and He holds a diploma in civil engineering . He is a Bachelor in Engineering in Civil and has ov
Slide 33: STRATEGIC PRIORITIES
STRATEGIC PRIORITIES At JKIL, we are attractively placed Increase in scope of existing to carve out larger projects. We would bid for and undertake large Larger & 01 02 Increase projects help us in better Wallet Share absorption of our administration projects which meets internal Complex Projects co
Slide 34: KEY FINANCIAL INDICATORS
KEY FINANCIAL INDICATORS Revenue from Operations ₹ Mn EBIDTA ₹ Mn PAT ₹ Mn Cash PAT ₹ Mn 33
Slide 35: KEY RATIOS
KEY RATIOS Asset Turnover Ratio Working Capital Days ROE ROCE 34
Slide 36: PROFIT & LOSS
PROFIT & LOSS Particulars (₹ In Mn) FY17 FY18 FY19 FY20 CAGR Revenue from Operations 16,043 20,507 27,871 29,705 23% Cost of Material Consumed 9,659 12,087 17,203 18,169 Employee Expenses 1,267 1,971 2,477 2,987 Other Expenses 2,611 3,237 3,828 4,260 EBIDTA 2,506 3,212 4,363 4,289 20% EBIDTA Margin
Slide 37: BALANCE SHEET
BALANCE SHEET As at As at As at As at Particulars (₹ in Mn) Particulars (₹ in Mn) Mar 2020 Mar 2019 Mar 2020 Mar 2019 ASSETS EQUITY AND LIABILITIES Non-Current Assets Equity Property, plant and equipment 8,545 7,788 Equity Share Capital 378 378 Capital work-in-progress 987 798 Other Equity 17,931 16
Slide 38: For further information, please contact
For further information, please contact Company : Investor Relation Advisors: J Kumar Infraprojects Ltd. Marathon Capital Advisory Private Limited Mr. Arvind Gupta (Chief Financial Officer) Dr. Rahul Porwal Ph: +91-22-67743555 Tel : +91-22-40030610 Email: arvind.gupta@jkumar.com Email : rahul@marath