Slide 1: Investor Presentation Financial Results: FY21 & Q4FY21
Investor Presentation Financial Results: FY21 & Q4FY21 Date: 16th June 2021
Slide 2: Safe Harbor
Safe Harbor This presentation report is for distribution purpose only under such circumstances as may be permitted by applicable law. This presentation is for information purposes only without regard to specific objectives, financial situations or needs of any particular persons and does not constit
Slide 3: Content
Content Content • Round-up of FY21 4 • Financial Performance 6 • Order Book 19 • Outlook 22 For more details on financial results, please visit our website www.rites.com or click link below RITES | Financial Statements 3
Slide 4: Round-Up Financial Year 2020-21
Round – Up Financial Year 2020-21
Slide 5: Round-up of Year - FY21
Round-up of Year - FY21 Focus on execution resulted in Q4FY21 operating revenue go up 12% and Profit by 2.4% FY21 consolidated revenue stands at ₹2005 crore against ₹2735 crore in FY20 due to weak first 3 quarters Order book as on 31st March 2021 stands at ₹6277 crore Export of Cape Gauge rolling st
Slide 6: Financial Performance Q4FY21 and FY21
Financial Performance Q4FY21 and FY21
Slide 7: Emerging from Pandemic – Q4FY21
Emerging from Pandemic – Q4FY21 ₹ in Crore Revenue crossed pre-covid levels in Q4FY21 619 YoY quarterly operating revenue up by 12% 434 422 QoQ operating revenue up by 42.7% in Q4FY21 322 Cape Gauge Rolling Stock Exports to Mozambique begins Q1FY21 Q2FY21 Q3FY21 Q4FY21 Standalone operating revenue 7
Slide 8: Q4FY21 at a Glance (Standalone)
Q4FY21 at a Glance (Standalone) ₹ in Crore - Revenues gaining traction; reaching pre-covid levels with growth in consultancy, exports and turnkey - Slight decrease in PBT due to lesser other income - Operational margins sustained on account of better margins in exports, leasing and turnkey *EBITDA =
Slide 9: Segmental Analysis (Revenue - Q4FY21)
Segmental Analysis (Revenue - Q4FY21) ₹ in Crore Q4FY21 301 29 91 198 Revenue +2.8% -6.2% 54.5% 16.4% Q4FY20 293 31 59 170 Consultancy Leasing Exports Turnkey - Growth in Consultancy, Exports and Turnkey, execution reaching towards the pre-covid levels - Revenue spills over to FY22 for exports and t
Slide 10: Segmental Analysis (Profits - Q4FY21)
Segmental Analysis (Profits - Q4FY21) ₹ in Crore Profit Margins 40.4% 38.4% 27.6% 4.1 Q4FY21 121 11 25 8 Profits -13.9% +6.3% +169% +43.5% Q4FY20 141 10 9 6 Consultancy Leasing Exports Turnkey Profit Margins 48.2% 33.9% 15.8% 3.3% Overall Margins sustained due to execution pick up with easing of res
Slide 11: Performance During FY21
Performance During FY21 ₹ in Crore - Decrease in operating revenue is mainly due to • Decrease in Export by Rs. 448 crore, excluding exports, the decrease in standalone operating revenue is 8.4% • Disruptions in supply chain and restrictions imposed due to pandemic - 30 coaches at port ready for shi
Slide 12: Profits with Sustained Margins
Profits with Sustained Margins ₹ in Crore - Operational margins sustained despite decrease in revenue with the help of cost reduction measures - Decrease in profits is mainly attributable to less revenue due to pandemic-induced restrictions & supply chain disruptions and Rs. 114 crore decrease in ot
Slide 13: Segmental Growth (Standalone)
Segmental Growth (Standalone) ₹ in Crore Profit Margins* 44.2% 35.6% 19.0% 3.8 FY21 972 108 93 624 150 Revenue -8.8% - 10.3% - 82.8% - 7.3% - 43.2% FY20 1066 121 541 673 264 Consultancy Lease Exports Turnkey Other Income Profit Margins* 44.9% 38.6% 22.7% 3.4% - Margins sustained in consultancy and t
Slide 14: REMC Ltd Performance
REMC Ltd Performance ₹ in Crore - Consultancy revenue impacted due to less traction power requirement during lockdown - Power generation quarterly revenue up by 86% to ₹ 3.2 Cr and yearly revenue up by 46.9% to ₹ 16.5 Cr *EBITDA = PBT + Interest + Depreciation + Amortization – Other Income 14
Slide 15: Trade Receivable in Days (Standalone)
Trade Receivable in Days (Standalone) - Debtor days improved over last year and remained within the guided range * Debtor days are net of provisions 15
Slide 16: Value Generation for Investors (Standalone)
Value Generation for Investors (Standalone) Networth (₹ in Crore) EPS (₹ ) 23.86 -27.8% 17.22 FY20 FY21 - Decrease in Net worth is due to return of ₹257 crore of surplus cash to shareholder through Buy Back and ₹60 crore of taxes thereon 16
Slide 17: Dividend Apportioned
Dividend Apportioned* ₹ in Crore Dividend Payout Ratio: 73.6% for FY21 on 12 months PAT (including 400 final dividend for FY21) 150 312 255 Final 96 2nd Interim 80 100 96 1st Interim 133 110 80 78 40 150 120 95 55 70 FY17 FY18 FY19 FY20 FY21 - ₹ 96.12 crore (₹ 4 per share) of Final dividend for FY21
Slide 18: Employee Productivity
Employee Productivity ₹ in Crore REVENUE PER EMPLOYEE Continuous rationalization of manpower to (STANDALONE) improve productivity 0.82 0.65 0.66 ₹ FY21 Profit before Tax per employee stands at Rs. 19 lakh (Rs. 27 Lakh in FY20) 0.47 0.49 Senior Management with an avg. experience of 33+ years FY17 FY1
Slide 19: Order Book
Order Book 19
Slide 20: Order Book
Order Book REMCL 1% Turnkey Projects Consultancy 35% 40% Order Book (as on 31.03.2021) Exports Rs. 6277 Crore 21% Lease Rental 2% Others 29% Consultancy Exports Lease Turnkey* REMC Ltd Rs. 2525 Crore Rs. 1333 Crore Rs. 123 Crore Rs. 2216 Crore Rs. 80 Crore Govt & PSU 71% * Order book also includes U
Slide 21: Major Projects Secured during Q4FY21
Major Projects Secured during Q4FY21 ₹ in Crore RITES secured more than 250 projects/contracts including enhanced scope during FY21. Expected Project Scope Amount Client Completion Establishment & Maintenance of Continuously Operating National High Speech Rail Reference Station Network for Mumbai-Ah
Slide 22: Outlook FY2021-22
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Slide 23: Covid-19 Response
Covid-19 Response Vaccination Drive & Reimbursement of Covid-related expenses Free vaccination for employees & their dependents; reimbursement of Covid-related expenses Isolation Facility for Asymptomatic & Mildly Covid-19 positive Isolation facility equipped with 1st-line medical assistance has bee
Slide 24: Business Outlook
Business Outlook Exports and Turnkey revenue 01 Impact on earnings and profits of FY21 due to Covid 01 spill over to FY22 02 Adequate order book for execution for 2-3 years 02 Focus on execution while maintaining margins 03 Pick-up in tendering activities of Infrastructure projects 03 Order inflow p
Slide 25: Thank You
Thank You For more details on financial results, please visit our website www.rites.com or click link below RITES | Financial Statements 25