Ircon International Ltd. · NSE:IRCON
Ircon International — H1 FY25 Earnings Presentation
23 slides from Ircon International's earnings presentation, Nov 7, 2024
Slide 1: Intimation of Investor Presentation to stock exchanges
IRCON/SECY/STEX/124 7th November, 2024 BSE Limited National Stock Exchange of India Limited Listing Dept./ Dept. of Corporate Services Listing Department Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot no. C-1, G Block, Dalal Street, Bandra –Kurla Complex, Mumbai – 400001 Bandra (East), Mumbai – 400
Slide 2: Ircon International Limited Analyst Presentation Q2 & H1 FY25
IRCON INTERNATIONAL LIMITED ANALYST PRESENTATION Q2 & H1 FY25 7TH NOVEMBER, 2024
Slide 3: 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 4: Contents
CONTENTS I. Functional Directors II. Key Financial Highlights (Consolidated) III. Key Financial Highlights (Standalone) IV. Group Financial Performance V. Standalone Financial Performance VI. Order Book 3
Slide 5: I. Functional Directors
I. Functional Directors 4
Slide 6: Functional Directors
• Holds Bachelors’ degree in Civil Engineering from University of Roorkee (renamed as IIT/Roorkee) • Belongs to Indian Engineering Services of 1989 Batch • Previously worked as Director (Infrastructure) of DFCCIL, Executive Director (Works) in Ministry of Railways Shri Hari Mohan Gupta • Has vast ex
Slide 7: II. Key Financial Highlights (Consolidated)
Key Financial Highlights II. (Consolidated) 6
Slide 8: Financial Highlights (Consolidated) – Q2FY25
Financial Highlights (Consolidated) – Q2FY25 Operating Revenue EBITDA Profit after Tax 357 224 2448 343 206 2287 Q-o-Q Q1FY25 Q2FY25 Q1FY25 Q2FY25 Q1FY25 Q2FY25 251 3033 392 2448 343 206 Y-o-Y Q2FY24 Q2FY25 Q2FY24 Q2FY25 Q2FY24 Q2FY25 7 EBITDA = PBT + Finance Cost + Depreciation & Amortisation
Slide 9: Financial Highlights (Consolidated) – H1 FY25
Financial Highlights (Consolidated) – H1 FY25 Operating Revenue EBITDA Profit after Tax 5797 708 700 438 430 4735 H1FY24 H2FY25 H1FY24 H1FY25 H1FY24 H2FY25 EBITDA = PBT + Finance Cost + Depreciation & Amortisation 8
Slide 10: III. Key Financial Highlights (Standalone)
Key Financial Highlights III. (Standalone) 9
Slide 11: Financial Highlights (Standalone) – Q2FY25
Financial Highlights (Standalone) – Q2FY25 Operating Revenue EBITDA Profit after Tax 2299 260 2180 202 246 Q-o-Q 177 Q1FY25 Q2FY25 Q1FY25 Q2FY25 Q1FY25 Q2FY25 230 2884 311 202 Y-o-Y 2299 260 Q2FY24 Q2FY25 Q2FY24 Q2FY25 Q2FY24 Q2FY25 10 EBITDA = PBT + Finance Cost + Depreciation & Amortisation
Slide 12: Financial Highlights (Standalone) – H1 FY25
Financial Highlights (Standalone) – H1 FY25 Operating Revenue EBITDA Profit after Tax 5509 550 506 392 379 4479 H1FY24 H2FY25 H1FY24 H1FY25 H1FY24 H2FY25 EBITDA = PBT + Finance Cost + Depreciation & Amortisation 11
Slide 13: IV. Group Financial Performance
Group Financial IV. Performance 12
Slide 14: Financial Highlights (Consolidated) – Q2FY25
Financial Highlights (Consolidated) – Q2FY25 Particulars (INR Crore) Q2-FY25 Q1-FY25 Q-o-Q (%) Q2-FY24 Y-o-Y (%) Operating Revenue 2447.52 2287.13 7.01% 3033.27 (19.31%) Total Expenses (Excl. Depreciation & 2246.64 2036.62 10.31% 2771.15 (18.93%) Finance Cost) Core EBITDA* 251.75 259.26 (2.90%) 289.
Slide 15: Financial Highlights (Consolidated) – H1FY25
Financial Highlights (Consolidated) – H1FY25 Particulars (INR Crore) H1-FY25 H1-FY24 Change (%) Operating Revenue 4734.65 5797.11 (18.33%) Total Expenses (Excl. Depreciation & 4283.26 5279.51 (18.87%) Finance Cost) Core EBITDA* 511.01 540.38 (5.44%) Core EBITDA Margins** (%) 10.79% 9.32% 147 bps Dep
Slide 16: Financial Highlights (Consolidated) – Annual
Financial Highlights (Consolidated) – Annual Particulars (INR Crore) FY24 FY23 Y-o-Y (%) Operating Revenue 12513.65 10550.67 18.61% Total Expenses (Excl. Depreciation & 11406.78 9664.79 18.02% Finance Cost) Core EBITDA* 1153.09 917.32 25.70% Core EBITDA Margins** (%) 9.21% 8.69% 52 bps Depreciation
Slide 17: V. Standalone Financial Performance
Standalone Financial V. Performance 16
Slide 18: Financial Highlights (Standalone) – Q2FY25
Financial Highlights (Standalone) – Q2FY25 Particulars (INR Crore) Q2-FY25 Q1-FY25 Q-o-Q (%) Q2-FY24 Y-o-Y (%) Operating Revenue 2298.86 2180.48 5.43% 2883.64 (20.28%) Total Expenses (Excl. Depreciation & 2194.28 2032.01 7.99% 2711.10 (19.06%) Finance Cost) Core EBITDA* 104.58 148.47 (29.56%) 172.54
Slide 19: Financial Highlights (Standalone) – H1FY25
Financial Highlights (Standalone) – H1FY25 Particulars (INR Crore) H1-FY25 H1-FY24 Change (%) Operating Revenue 4479.34 5509.28 (18.69%) Total Expenses (Excl. Depreciation & 4426.29 5165.97 (18.19%) Finance Cost) Core EBITDA* 253.05 343.31 (26.29%) Core EBITDA Margins** (%) 5.65% 6.23% (58 bps) Depr
Slide 20: Financial Highlights (Standalone) – Annual
Financial Highlights (Standalone) – Annual Particulars (INR Crore) FY24 FY23 Y-o-Y (%) Operating Revenue 11950.40 9921.20 20.45% Total Expenses (Excl. Depreciation & 11186.49 9337.91 19.80% Finance Cost) Core EBITDA* 763.91 583.29 30.97% Core EBITDA Margins** (%) 6.39% 5.88% 51 bps Depreciation 36.2
Slide 21: VI. Order Book
VI. Order Book 20
Slide 22: Order Book (as on 30.09.2024)
Order Book (as on 30.09.2024) Segment Geography Mode of Award 84 5210 0% 2342 22% 10% 11522 48% 90% 52% 78% 18959 21911 12731 Railways Highways Others Domestic International Bidding Nomination (All figures are in INR Crore) • Order Book of Rs.24,253 crore as on 30.09.2024 • Share of orders won on co
Slide 23: Thank You
THANK YOU For Further Information: Mr. Sachin Garg DGM/Finance/IR Ircon International Ltd. Tel: 011-26545368 E-mail: sachin.garg@ircon.org 22