43 slides from J. Kumar Infraprojects's earnings presentation, Aug 2, 2022
Slide 1: Exchange filing cover letter
J. Kumar lnfraproj ds LuJ. We dream ... So we achieve ... Corp. Off.: J. Kumar House, CTS No. 448, 448/1, 449, Subhash Road, Vile Parle (E), Mumbai- 400 057, Maharashtra, INDIA. Ph.: +91-22-6871 7900 o E-mail: info@jkumar.com o Website: www.jkumar.com J. Kumar ISO 9001:2015 CIN: L74210MH1999PLC12288
Slide 2: Investor Presentation Q1 FY23 Results Update
J. Kumar Infraprojects Limited We dream… So we achieve… Investor Presentation Q1 FY23 Results Update
Slide 3: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by J. Kumar Infraprojects 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 se
Slide 4: Table of Contents
Table of Contents 01 Company Overview Performance Highlights We dream… So we achieve… 02 03 Results Vision Highlights 2027 – Billion $ Company 04 Business Overview 05 Management Overview 06 Detailed Financial Detailed Financial Investor Presentation | Q1 FY23 Results Update 3 3
Slide 5: Company Overview
Company Overview We dream… So we achieve…
Slide 6: About J. Kumar Infraprojects
About J. Kumar Infraprojects 1999 PAN India Flyovers & Metro Quality 30+ Ongoing 7,000* Presence Bridges Projects Execution Projects Incorporated to Established Constructed Amongst few Currently Strong undertake Delivering Quality presence in states of most of the construction Employee We dream… So
Slide 7: Our Offerings
Our Offerings We dream… So we achieve… Metro Flyover & Bridges Roads & Tunnels Civil & Others Water • Metro Underground • Flyovers • Roads • Hospital / Medical • Sewage Treatment • Metro Elevated • Bridges • Highways Colleges Plants • Metro Elevated • Pedestrian • Expressways • Railway Terminus & •
Slide 8: Our Growth Story
Our Growth Story Revenue crossed ₹ 3,500 cr 2022 Awarded contracts worth ₹ 3,685 cr Awarded contracts worth ₹ 2021 2,259 cr We dream… So we achieve… Awarded contracts worth ₹ 4,289 cr 2020 which includes ₹1,998 crore order from MMRDA on standalone basis Awarded Metro Projects in Mumbai 2017 amountin
Slide 9: Our Major Achievements in FY22
Our Major Achievements in FY22 Bringing Pride to Nation - Delivering Project of National Importance We dream… So we achieve… Mumbai Metro Line 7 Mumbai Metro Line 2 A JNPT Mumbai Metro Line 7 – Dahisar East Mumbai Metro Line 2A – Dahisar JNPT Port Connectivity between and Andheri – 13 proposed stati
Slide 10: Performance Highlights
Performance Highlights We dream… So we achieve…
Slide 11: Q1 FY23 Key Financial Highlights
Q1 FY23 Key Financial Highlights 01 02 03 04 We dream… So we achieve… Revenue EBITDA PAT Cash PAT Q1 FY23 ₹ 994 crores +47% ₹ 140 crores +45% ₹ 62 crores +93% ₹ 99 crores +44% 14.1% 6.2% 10% ₹ 3,527 crores FY22 +37% ₹ 505 crores +62% ₹ 206 crores +222% ₹ 353 crores +70% 14.3% 5.8% 10.0% Investor Pre
Slide 12: Q1 FY23 Profit & Loss
Q1 FY23 Profit & Loss Particulars (₹ In Cr) Q1 FY23 Q1 FY22 Y-O-Y Q4 FY22 FY22 FY21 Y-O-Y Revenue from Operations 993.8 675.1 47% 1,114.5 3,527.2 2,570.8 37% Cost of Material Consumed 670.0 425.0 737.5 2,268.2 1,612.1 Construction Expenses 104.6 73.1 124.9 417.6 346.5 Employee Expenses 68.8 67.6 70.
Slide 13: Robust Performance
Robust Performance Quarterly Revenues (₹ Crores) EBIDTA (₹ Crores) We dream… So we achieve… 45% Y-o-Y 47% Y-o-Y PAT (₹ Crores) Q1 FY23 Revenue breakup 93% Y-o-Y Investor Presentation | Q1 FY23 Results Update 12
Slide 14: Debt Profile
Debt Profile Long Term Debt (Incl. Short Term Debt Gross Debt Current Maturities) (₹ In Cr) (₹ In Cr) (₹ In cr) We dream… So we achieve… Debt Equity Ratio • Company achieved a 47% Y-o-Y increase in turnover. Maintained debt levels despite increase in turnover and challenging external environment • G
Slide 15: Key Developments FY23
Key Developments FY23 Expressway Project Mumbai – Sewage Disposal Project • Letter of Acceptance from lrcon International Ltd for a • Letter of Acceptance from Brihanmumbai contract price of ₹ 1,068 crores (excluding GST) We dream… So we achieve… Municipal Corporation for a contract price of ₹ 510 •
Slide 16: Order Book as on June 30, 2022
Order Book as on June 30, 2022 Segment Wise Break-up (%) Sub-segment wise Break-up (%) We dream… So we achieve… Geographical Break-up (%) Client wise Break-up (%) Investor Presentation | Q1 FY23 Results Update 15
Slide 17: Order Book Breakup as on June 30, 2022
Order Book Breakup as on June 30, 2022 Order Backlog Order Backlog Name of the Project Client Name Name of the Project Client Name (₹ Cr) (₹ Cr) Mumbai Metro Line-09-07A (CA48) MMRDA 1,531 Dwarka Expressway-Pkg-01 NHAI 826 Mumbai Metro Line-2B C101 MMRDA 1,047 Sewri Worli Elevated Connector MMRDA 73
Slide 18: Vision 2027 – Billion $ Company
Vision 2027 – Billion $ Company We dream… So we achieve… Investor can refer the Corporate Presentation for furthe
Slide 19: Favorable Sector Outlook
Favorable Sector Outlook ₹ 111 trillion ₹ 1,91,300 mn Projected infrastructure investment under the Budget 2022 allocation for Metro Projects National Infrastructure Pipeline (NIP 2020-2025) We dream… So we achieve… ~ 600 million Indians ₹ ~1.99 trillion In next 10 years, ~600 Mn Indians will be Tot
Slide 20: Towards a Billion $ Revenue Company
Towards a Billion $ Revenue Company Growth Envisaged in ₹ 12,095 cr ₹ 20,000+ cr VISION Order Book Order book as on 2027 June 30, 2022 Expected Order Book in FY27 We dream… So we achieve… • Metro Projects • Flyover, Bridges & Roads Metro projects to be • STP, Sewerage & Water the major contributor i
Slide 21: Strengthening Business, Organization & Governance
Strengthening Business, Organization & Governance Strengthening the Business Building the Organisation Reinforcing Governance • Larger Complex projects • Individual Profit Centers • Reconstituted the Board by • Segment Diversification • Centralised Planning & induction of new independent We dream… S
Slide 22: Key Strengths
Key Strengths Bidding Eligibility Larger Project Execution Timely Completion • Built Bidding capacity for larger projects • Undertaking & Execution of • Impeccable Track record of • Amongst Top 5 EPC players eligible to Large & complex projects completing complex projects undertake U/G Metro such as
Slide 23: Business Overview
Business Overview We dream… So we achieve…
Slide 24: Major Completed Projects
Major Completed Projects We dream… So we achieve… ESIC Hospital Cum Medical College- Alwar Mumbai Metro Line 7 JNPT - Mumbai Delhi Elevated Metro Amar Mahal Flyover Ahmedabad Metro Investor Presentation | Q1 FY23 Results Update 23
Slide 25: Major Completed Projects
Major Completed Projects We dream… So we achieve… Mumbai Metro Line 2A Panjarapol Flyover Grant road Skywalk Chheda Nagar Flyover Part 1 BKC- Chunabhatti Flyover Delhi Underground Metro Investor Presentation | Q1 FY23 Results Update 24
Slide 26: Major Ongoing Projects
Major Ongoing Projects We dream… So we achieve… RML, Lucknow Pune Elevated Metro Chhedanagar Flyover Kalwa Bridge Thane Sewri Worli Elevated SCLR Flyover 25 Investor Presentation | Q1 FY23 Results Update 25
Slide 27: Major Ongoing Projects
Major Ongoing Projects We dream… So we achieve… Mumbai Underground Metro Line 3 Mumbai Metro Line 4A Mumbai Metro Line 2B Mumbai Metro Line 6 Dwarka Expressway Motagaon Creek Bridge 26 Investor Presentation | Q1 FY23 Results Update 26
Slide 28: Fleet of Modern Equipment
TBM Machine Dumper / Tipper Launching Girder Piling Machine RMC Plant Bitumen Plant Fleet of Modern Equipment Investor Presentation | Q1 FY23 Results Update Casting Yard Segment Rolling Straddle Carrier 27 We dream… So we achieve…
Slide 29: Strong Client Base
RAILWAYSStrong Client Base METRO & We dream… So we achieve… FLYOVER & BRIDGES CIVIL AND OTHERS UPRNNL Investor Presentation | Q1 FY23 Results Update 28
Slide 30: Management Overview
Management Overview We dream… So we achieve…
Slide 31: Experienced & Visionary Leadership
Experienced & Visionary Leadership We dream… So we achieve… Mr Kamal J Gupta Mr Jagdish Kumar Gupta Dr Nalin J Gupta Managing Director Executive Chairman Managing Director ➢ Bachelor in Civil Engineering, joined ➢ Commerce Graduate & Member ➢ 50+ years of experience in JKIL in 1996 having 26 years o
Slide 32: Independent Directors
Independent Directors Mr. Padmanabh P. Vora Mr. Sidharath Kapoor Ms. Archana S. Yadav We dream… So we achieve… • Chartered Accountant • Chartered Accountant with (rank holder), CS and • Chartered Accountant over 32 years experience in GAMP from ISB. with over 15 years of finance, banking and • He is
Slide 33: Strong Focused Management Team
Strong Focused Management Team Mayank Kumar Jain Madan Biyani Ravindra M Kulkarni Head Transportation-Projects Chief Financial Officer Vice President (IT, Admin & HR) We dream… So we achieve… S.M. Torat Rajan Sharma Rajendra Kumar Sharma Head - Central Planning & Vice President (Projects) Head (Proj
Slide 34: Detailed Financials
Detailed Financials We dream… So we achieve…
Slide 35: Profit & Loss
Profit & Loss Particulars (₹ In Cr) FY17 FY18 FY19 FY20 FY21 FY22 CAGR Revenue from Operations 1,604 2,051 2,787 2,971 2,571 3,527 17% Cost of Material Consumed 966 1,209 1,720 1,817 1,612 2,268 Employee Expenses 127 197 248 299 231 279 Other Expenses 261 324 383 426 416 475 We dream… So we achieve…
Slide 36: Key Financial Indicators
Key Financial Indicators Revenue from Operations ₹ Cr EBIDTA ₹ Cr We dream… So we achieve… PAT ₹ Cr Cash PAT ₹ Cr Investor Presentation | Q1 FY23 Results Update 35
Slide 37: Revenue – Key Contributors
Revenue – Key Contributors METRO - UNDERGROUND (₹ cr) We dream… So we achieve… METRO - ELEVATED (₹ cr) Investor Presentation | Q1 FY23 Results Update 36
Slide 38: Revenue – Key Contributors
Revenue – Key Contributors We dream… So we achieve… FLYOVER & BRIDGES (₹ cr) ROADS & TUNNELS (₹ cr) CIVIL & OTHERS (₹ cr) Investor Presentation | Q1 FY23 Results Update 37
Slide 39: Balance Sheet
Balance Sheet As at As at As at As at Particulars (₹ in Cr) Particulars (₹ in Cr) Mar 2022 Mar 2021 Mar 2022 Mar 2021 ASSETS EQUITY AND LIABILITIES Non-Current Assets Equity Property, plant and equipment 790 806 Equity Share Capital 38 38 We dream… So we achieve… Capital work-in-progress 152 150 Oth
Slide 40: Strong Financial Metrics
Strong Financial Metrics Asset Turnover Ratio Working Capital Days We dream… So we achieve… ROE ROCE Investor Presentation | Q1 FY23 Results Update 39
Slide 41: Cash Flow Statement
Cash Flow Statement Particulars (₹ In Cr) FY22 FY21 PBT 283 89 Adjustments 226 230 Operating profit before working capital changes 509 318 We dream… So we achieve… Changes in working capital (65) 90 Cash generated from operations 444 408 Direct taxes paid (net of refund) (63) (40) Net Cash from Oper
Slide 42: Order Book as on March 31, 2022
Order Book as on March 31, 2022 Order Book (₹ crores) Order Inflow (₹ crores) We dream… So we achieve… Order Book to Sales (x) Investor Presentation | Q1 FY23 Results Update 41
Slide 43: Thank You
We dream… So we achieve… Thank You Company : Investor Relation Advisors: J. Kumar Infraprojects Ltd. Marathon Capital Advisory Pvt. Ltd. Ernst & Young LLP Mr. Madan Biyani Rahul Porwal - rahul@marathoncapital.in Mr. Vikash Verma – vikash.verma1@in.ey.com Chief Financial Officer Mr. Amit Porwal - ami