41 slides from J. Kumar Infraprojects's earnings presentation, May 30, 2022
Slide 1: Exchange filing cover letter
Regd. Off: 16-A, Andheri Industrial Estate, Veera Desai Road, Andheri (W), Mumbai- 400053. INDIA Ph.: +91-22-6774 3555. Fax+91-22-2673 OR14. E-mail: info{{1)jkumar.com Website: www.jkumar.com CIN No.: L74210MH1999PLC122886 J. Kumar 30th May, 2022 To, The General Manager The Listing Department Depart
Slide 2: Investor Presentation Q4 & FY22 Results Update
J. Kumar Infraprojects Limited We dream… So we achieve… Investor Presentation Q4 & FY22 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 02 Performance Highlights We dream… So we achieve… 03 Results Highlights Sustainable Business Model 04 Business Overview 05 Management Overview 06 Detailed Financial 07 Poised for Growth Investor Presentation | Q4 & FY22 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 Incorporated in the year 1999 under the visionary leadership of Mr. Jagdishkumar M. Gupta, to undertake specialized construction work on EPC basis, while maintaining asset lite business model. We dream… So we achieve… Our Presence Capabilities Equipment Bank Financial Di
Slide 7: Our Offerings
Our Offerings Our area of expertise We dream… So we achieve… Metro Flyover & Bridges Roads Civil & Others • Metro • Flyovers • Roads • Hospital / Medical Underground • Bridges • Expressways Colleges • Metro Elevated • Pedestrian • Railway Terminus & • Metro Stations Subways Stations • Depots • Airpo
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 Revenue crossed ₹2,971 cr Awarded Ahmedabad Metro Project - ₹ 278 cr 2015 Fund raised through QIP of ₹ 409 cr R
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 Flyovers & Road Mumbai Metro Line 7 – Dahisar East Mumbai Metro Line 2A – Dahisar JNPT Port Connectivity between and Andheri – 1
Slide 10: Key Facts & Figures
Key Facts & Figures Asset Turnover Ratio Working Capital Days We dream… So we achieve… ROE ROCE Investor Presentation | Q4 & FY22 Results Update 9
Slide 11: Performance Highlights
Performance Highlights We dream… So we achieve…
Slide 12: Profitability Highlights
Profitability Highlights Particulars (₹ In Cr) Q4 FY22 Q4 FY21 Y-O-Y Q3 FY22 FY22 FY21 Y-O-Y Revenue from Operations 1,114.5 992.0 12% 965.7 3,527.2 2,570.8 37% Cost of Material Consumed 737.5 656.7 625.8 2,268.2 1,612.1 Employee Expenses 70.8 79.8 70.3 278.9 231.2 We dream… So we achieve… Other Exp
Slide 13: Revenue from Operations
Revenue from Operations Quarterly Revenues (₹ Crores) Yearly Revenues (₹ Crores) We dream… So we achieve… 37% Y-o-Y 12% Y-o-Y Q4 FY 22 Revenue breakup FY 22 Revenue breakup Investor Presentation | Q4 & FY22 Results Update 12
Slide 14: FY Key Financial Highlights
FY 22 Key Financial Highlights 01 02 03 4 We dream… So we achieve… Total Income EBITDA PAT Cash PAT Q4 FY22 ₹ 1,114 crores +12% ₹ 159 crores +52% ₹ 74 crores +126% ₹ 112 crores +60% 14.3% 6.6% 10% ₹ 3,527 crores FY22 +37% ₹ 505 crores +62% ₹ 206 crores +222% ₹ 353 crores +70% 14.3% 5.8% 10.0% Invest
Slide 15: 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 16: Reducing Debt Levels
Reducing Debt Levels Long Term Debt (Incl. Short Term Debt Gross Debt Current Maturities) (₹ In Cr) (₹ In Cr) (₹ In cr) -52 -47 -100 We dream… So we achieve… • Company achieved a 37% Y-o-Y increase in turnover • Sequential reduction in debt levels for last 2 years despite challenging external enviro
Slide 17: 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 18: Sustainable Business Model
Sustainable Business Model We dream… So we achieve…
Slide 19: Order Book as on March 31, 2022
Order Book as on March 31, 2022 Order backlog (₹ crores) Order Inflow (₹ crores) We dream… So we achieve… Order Book to Sales (x) Investor Presentation | Q4 & FY22 Results Update 18
Slide 20: Order Book as on March 31, 2022
Order Book as on March 31, 2022 Segment Wise Break-up (%) Sub-segment wise Break-up (%) We dream… So we achieve… Geographical Break-up (%) Client wise Break-up (%) Investor Presentation | Q4 & FY22 Results Update 19
Slide 21: Order Book Breakup
Order Book Breakup Order Backlog Order Backlog Name of the Project Sub Segment Client Name Name of the Project Sub Segment Client Name (₹ Cr) (₹ Cr) MUMBAI METRO LINE-09-07A (CA48) Metro - Elevated MMRDA 1,568 DWARKA EXPRESSWAY-PKG-01 Flyover NHAI 952 MUMBAI METRO LINE-2B C101 Metro - Elevated MMRDA
Slide 22: Business Overview
Business Overview We dream… So we achieve…
Slide 23: Major Completed Projects
Major Completed Projects We dream… So we achieve… Metro Flyover & Bridges Roads Civil & Others ● Navi Mumbai Metro & ● Amar Mahal Flyover ● JNPT Flyovers & Road - Stations ● ESIC (Hospital Cum ● KSB Underpass Pune Port Connectivity Ahmedabad Metro Medical College) Alwar ● ● ROB at Dahisar Mumbai (Pk
Slide 24: Major Completed Projects
Major Completed Projects We dream… So we achieve… ESIC (Hospital Cum Mumbai Metro Line 7 JNPT Flyovers & Road- Mumbai Delhi Underground Metro Medical College) Alwar Delhi Elevated Metro Amar Mahal Flyover Ahmedabad Metro BKC- Chunabhatti Flyover Investor Presentation | Q4 & FY22 Results Update 23
Slide 25: Major Ongoing Projects
Major Ongoing Projects We dream… So we achieve… Metro Flyover & Bridges Roads Civil & Others ● Mumbai Metro Line 2B ● Chhedanagar Flyover ● CIDCO Coastal Road ● Pune Riverfront ● Mumbai Metro Line 3 ● Kalwa Bridge Thane Pkg 1 ● Mithi River Package IV (Pkg 5 & 6) ● Motagaon Creek Bridge ● CIDCO Coast
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 | Q4 & FY22 Results Update 25
Slide 27: Strong Client Base
Strong Client Base J. Kumar ~ RAILWAYS METRO & @ ~l?ll'3fll~1! ~ ~ tcwr <fil1!4l~1"1 ~ MMRC MMRDA DELHI METRO RAIL CORPORATION LTD. PONE METRO CIDCO We dream… So we achieve… W E MAKE CITIES FLYOVER & BRIDGES l?ll'l?ll'3fll~1! MMRDA CIVIL AND ,..-c~ OTHERS ~ ..-A I>-:"'oo:~~ o.GI,..I[DUHG l ,.. t<OVA
Slide 28: Fleet of Modern Equipment
TBM Machine Dumper / Tipper Launching Girder Piling Machine RMC Plant Bitumen Plant Fleet of Modern Equipment Investor Presentation | Q4 & FY22 Results Update Casting Yard Segment Rolling Straddle Carrier 27 We dream… So we achieve…
Slide 29: Management Overview
Management Overview We dream… So we achieve…
Slide 30: Executive Directors
Executive Directors We dream… So we achieve… Mr. Kamal J. Gupta Mr. Jagdishkumar M. Gupta Dr. Nalin J. Gupta Managing Director Executive Chairman Managing Director Graduated with Bachelors in Civil A first generation entrepreneur has led A commerce graduate and Member Engineering. He is associated w
Slide 31: 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 32: Our Core Management Team
Our Core Management Team Madan Biyani Poornima Reddy Arvind Gupta Company Secretary & Vice President - Taxation Chief Financial Officer Compliance Officer We dream… So we achieve… Mayank Kumar Jain S.M. Thorat R. B. Singh Regional General Head Transportation-Projects Vice President (Projects) Manage
Slide 33: Detailed Financials
Detailed Financials We dream… So we achieve…
Slide 34: 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 35: Key Financial Indicators
Key Financial Indicators Revenue from Operations ₹ Cr EBIDTA ₹ Cr We dream… So we achieve… PAT ₹ Cr Cash PAT ₹ Cr Investor Presentation | Q4 & FY22 Results Update 34
Slide 36: Revenue – Key Contributors
Revenue – Key Contributors METRO - UNDERGROUND (₹ cr) We dream… So we achieve… METRO - ELEVATED (₹ cr) Investor Presentation | Q4 & FY22 Results Update 35
Slide 37: Revenue – Key Contributors
Revenue – Key Contributors We dream… So we achieve… FLYOVER & BRIDGES (₹ cr) ROADS (₹ cr) CIVIL & OTHERS (₹ cr) Investor Presentation | Q4 & FY22 Results Update 36
Slide 38: Poised for Growth
Poised for Growth We dream… So we achieve…
Slide 39: Strategic Priorities
Strategic Priorities Enhancing Shareholders Value Large & Complex Projects Lean Balance Sheet • At JKIL, we have amassed qualifications and • Most sustainable companies have less debt experience on standalone basis to undertake and high net worth; we expect to remain low We dream… So we achieve… lar
Slide 40: Favorable Sector dynamics
Favorable Sector dynamics ₹ 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 Total expenditure
Slide 41: Thank You
We dream… So we achieve… Thank You Company : Investor Relation Advisors: J. Kumar Infraprojects Ltd. Marathon Capital Advisory Pvt. Ltd. EY LLP Mr. Madan Biyani (CFO) Dr. Rahul Porwal Mr. Vikash Verma Ph: +91-22-67743555 Ph. : +91-22-40030610 / + 91 9967576900 Ph. : + 91 9663009029 Email: madan.biya