Pnc Infratech Ltd · NSE:PNCINFRA
Pnc Infratech — Q1 FY22 Earnings Presentation
31 slides from Pnc Infratech's earnings presentation, Aug 12, 2021
Slide 1: Cover letter to stock exchanges
PNC lnfratech Limited An ISO 9001 .2015 Certified Company Ref No: PNC/SE/36 l2l-22 Date:12.08.2021 To, To, The Manager The Manager The Department of Corporate Services The Listing Depaftment BSE Limited National Stock Exchange of lndia Lirnited Floor 25, P.J. Towers, Exchange Plaza, Bandra Kurla Cor
Slide 2: Result Update Presentation – Q1 FY22
PNC Infratech Limited Result Update Presentation – Q1 FY22 1
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by PNC Infratech Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securit
Slide 4: Key Highlights & Financials
Key Highlights & Financials PNC infratech
Slide 5: Key Highlights for Q1 FY22
Key Highlights for Q1 FY22 Rs. 12,095 103 +38% +46% +55% crores Days Revenue EBITDA PAT Orderbook Net Working Capital Revenue of Rs. 1,251 crore EBITDA of Rs. 175 crore in PAT of Rs. 93 crore in Q1 FY22 Remaining value of Net Working Capital of 103 days and in Q1 FY22 as compared to Q1 FY22 as compa
Slide 6: Status of HAM Projects
Status of HAM Projects Status Bid Project Cost Projects 2 laning with paved shoulders of Dausa- Lalsot- Kauthun section of NH-11 A (Extension) in the state of Rs. 881 crore* Rajasthan under NHDP IV Rs. 1,197 crore 4 laning of Aligarh-Kanpur section of NH - 91 in the state of Uttar Pradesh under NHDP
Slide 7: Order Book Details
Order Book Details PNC infratech
Slide 8: Robust Order Book over Rs. 12,000 crores
Robust Order Book over Rs. 12,000 crores ◼ Remaining value of contracts under execution of Rs. 12,095 crore as on Remaining June 30, 2021 Key EPC Projects Under Awarding Value Construction Authority (Rs. Crores) ◼ The below orders are not included in orderbook as on June 30, 2021: Aligarh-Kappur Pkg
Slide 9: Portfolio of Development Projects on PPP Mode
Portfolio of Development Projects on PPP Mode PNC infratech
Slide 10: Sizeable Project Portfolio: Operational Projects
Sizeable Project Portfolio: Operational Projects PNC Share of Invested Debt as on 30th % JV Kms / TPC Invested Grant Total Debt Project Authority State / Stretch Type Equity Jun ‘21 Stake Partners Lanes (Rs. in Cr) Amount (Rs. in Cr) (Rs. in Cr) (Rs. in Cr) (Rs. in Cr) (Rs. in Cr) SREI, Ghaziabad Al
Slide 11: Asset Monetization Plan
Asset Monetization Plan ◼ Ghaziabad Aligarh Road Project ✓ The Company, along with its wholly owned subsidiary, PNC lnfra Holdings Limited and other partners/promoters, on 1st April, 21, has entered into a 'Share Purchase Agreement' and other related transaction documents inter alia for sale its ent
Slide 12: Sizeable Project Portfolio: HAM Projects
Sizeable Project Portfolio: HAM Projects Invested PNC Share of Debt as on 30th % State / TPC Total Debt Project Authority Kms / Lanes Status Equity Invested Amount Jun ‘21 Stake Stretch (Rs. in Cr) (Rs. Crs) (Rs. Crs) (Rs. Crs) (Rs. in Cr) Raj/ 83.45/ Dausa-Lalsot 100% NHAI COD 820 65 65 371 338 NH1
Slide 13: Annexure – I Summary Financials
Annexure – I Summary Financials PNC infratech
Slide 14: Standalone Profitability Statement – Quarter
Standalone Profitability Statement – Quarter Particulars (Rs. Crores) Q1 FY22 Q1 FY21 YoY Growth (%) REVENUE 1,251.19 905.26 38% EBITDA 175.44 119.77 46% EBITDA margin 14.0% 13.2% 79 bps Other Income 17.76 19.12 Depreciation 31.49 27.01 Financial Expenses 18.03 25.28 Profit Before Tax 143.67 86.59 6
Slide 15: Consolidated Profitability Statement – Quarter
Consolidated Profitability Statement – Quarter Particulars (Rs. Crores) Q1 FY22 Q1 FY21 YoY Growth (%) REVENUE 1,462.51 1,092.81 34% EBITDA 362.57 286.88 26% EBITDA margin 24.8% 26.3% -146 bps Other Income 22.31 30.28 Depreciation 98.52 74.79 Financial Expenses 103.19 116.47 Profit Before Tax 183.16
Slide 16: Segmental Revenue Break-up
Segmental Revenue Break-up Q1 FY21 Q1 FY22 187.55 209.98 17% 14% 1,252.53 86% 905.26 83% EPC Toll/Annuity EPC Toll/Annuity PNC infratech 15
Slide 17: Net Working Capital Days - Standalone
Net Working Capital Days - Standalone 136 136 129 113 97 103 84 73 73 76 60 57 62 51 Mar/17 Mar/18 Mar/19 Mar/20 Jun/20 Mar/21 Jun/21 Debtors Net Working Capital PNC infratech 16
Slide 18: Annexure – II Company Overview
Annexure – II Company Overview PNC infratech
Slide 19: Introduction
Introduction Established track record of timely/early completion of projects • Infrastructure construction, development and management company; expertise in execution of projects including highways, bridges, flyovers, airport runways, industrial areas and transmission lines • Executed 70 major infra
Slide 20: Business Overview
Business Overview Roads & Highways EPC 01 Completed 47 infrastructure road projects on EPC basis Water Supply & Irrigation 07 Roads & Highways BOT / OMT/ HAM Working on EPC projects in Water Supply sector and Irrigation 02 Operating 6 BOT & 1 OMT project, comprising of both Projects toll & annuity a
Slide 21: Corporate Structure
Corporate Structure PNC Infra Holdings Limited (“PNCIHL”) BOT Holdco for road and other infra projects PNC Bareilly Nainital Highways Private Limited (“PNCBNHPL”) 4 laning of the Bareilly-Almora section of SH 37 Ferrovia Transrail Solutions Private Limited (“FTSPL”) PNC Unnao Highways Private Limi
Slide 22: Integrated Business Model
Integrated Business Model ▪ Ownership of a fleet of modern equipment enables quick Own Quarries / Raw Material mobilization besides ensuring Equipment Bank ▪ Own / Leasing of Quarries helps in Sourcing continuous availability of critical securing of raw material and equipment project completion with
Slide 23: Enhanced Execution Capability
Enhanced Execution Capability Strong Credit Rating ◼ Long term bank facilities “CARE AA (Double A)” ◼ Short term bank facilities “CARE A1+ (A One plus)” ◼ “Stable” outlook 01 03 02 Enhanced Working Capital Limits Man and Machine added ◼ Enhanced Fund Based Limits from Rs. 750 crores to execute more
Slide 24: Enhanced to Augment and upgrade the execution
Enhanced to Augment and upgrade the execution 1,267 1,280 1,094 1,016 725 600 429 FY16 FY17 FY18 FY19 FY20 FY21 Q1 FY22 Present Capex will enable us to achieve a Turnover of Rs. 8,000-9,000 crores PNC infratech 23
Slide 25: Strengthening of in-house execution team
Strengthening of in-house execution team 9,599 9,847 8,371 8,334 6,772 4,284 3,947 FY16 FY17 FY18 FY19 FY20 FY21 Q1 FY22 Strengthening of In-house execution team with induction of engineers with strong technical knowledge PNC infratech 24
Slide 26: Strong Credit Rating
Strong Credit Rating Upgraded Assigned / Reaffirmed Reaffirmed ◼ PNC Infratech Ltd. ◼ PNC Gomti Highways Pvt. Ltd. (Assigned) ◼ PNC Delhi Industrial Infra Pvt. Ltd. ✓ Long term bank facilities upgraded to ✓ CARE A; Stable (Single A; Outlook: Stable) ✓ Long term bank facilities at CARE A-; Stable (Si
Slide 27: Experienced Promoters
Experienced Promoters Mr. Pradeep Kumar Jain Mr. Naveen Kumar Jain Mr. Chakresh Kumar Jain Mr. Yogesh Kumar Jain Chairman & Managing Managing Director Promoter Managing Director Director ◼ Over 40 years of experience ◼ Over 31 years of experience ◼ Over 30 years of experience ◼ Over 25 years of expe
Slide 28: Board of Directors
Board of Directors Mr. Pradeep Kumar Jain Mr. Chakresh Kumar Jain Mr. Yogesh Kumar Jain Chairman & Managing Director Managing Director Managing Director Mr. Anil Kumar Rao Mr. Talluri Raghupati Rao Whole-time Director Wholetime Director Mr. Krishan Kumar Jalan (IAS) Mr. Gauri Shankar Mr. Subhash Cha
Slide 29: Clientele
Clientele Delhi State Industrial and Infrastructure Development Corporation Ltd. F <a Uttar Pradé&h State Highways-Authority ay JAK. ENS WRITES THE INFRASTRUCTURE PEOPLE sa AUTHORITY OF INDIA ada fearraers writen MSRDC Opeida pei lopment Acthority State Water & Sanitation Mission rot NAMAMI GANGE AN
Slide 30: Growth Strategy
Growth Strategy Diversification: Competitiveness: ◼ Leveraging Strong Project Execution ◼ Improve performance and track record to diversify into new competitiveness of existing functional areas of infrastructure business through investments in development technology, equipment and skilled ◼ Expand p
Slide 31: Contact Us
Contact Us For further information, please contact: Company : Investor Relations Advisors : PNC Infratech Ltd Strategic Growth Advisors Pvt. Ltd. CIN: L45201DL1999PLC195937 CIN: U74140MH2010PTC204285 Mr. D. K. Maheshwari Mr. Jigar Kavaiya Vice President - Finance Group Account Head +91-9920602034 dk