Nila Infrastructures Limited · NSE:NILAINFRA
Nila Infrastructures — Investor Presentation (February 2020)
40 slides from Nila Infrastructures's investor presentation, Feb 26, 2020
Slide 1: Exchange submission cover letter
NILA INFRASTRUCTURES LIMITED Nila/Cs/2020/25 Date: February 26, 2020 To, To, The General Manager The Manager Department of Corporate Services Listing Department ,. BSELimited National Stock Exchange of India Ltd. Phirozee Jeejeebhoy Tower, Exchange Plaza, Bandra Kurla Compelx, Dalal Street, Fort, Mu
Slide 2: Investor Presentation | February 2020
INVESTOR PRESENTATION | FEBRUARY 2020
Slide 3: Executive Summary
2 Executive Summary Company Overview • Nila Infrastructures Ltd. established in 1990, initially operating as a city-based realtor, has now transformed into a diversified Infrastructure entity operating in Gujarat and Rajasthan. • It is listed on the BSE + NSE and has a market cap of ~INR 1,674 Mn as
Slide 4: Company Overview
3 COMPANY OVERVIEW
Slide 5: Company Overview – Nila Infrastructures Ltd.
4 Company Overview – Nila Infrastructures Ltd. Operational Revenue (INR Mn) and EBITDA margin* 17% 18% • A flagship unit of the Ahmedabad based Sambhaav Group, Nila 14% 14% Infrastructures Limited is one of Gujarat’s leading companies engaged in turnkey civic urban infrastructure development. • The
Slide 6: Key Milestones
5 Key Milestones 2014 - 2019 • AMC awarded contract for Affordable Housing under Mukhya Mantri 2010 - 2013 Avas Yojana, Multi Level Parking, SRA • Launched 3 major 2006 - 2009 housing schemes - • Rajasthan Government, • First Urban Anvayaa, Anaahata VUDA award projects Development Project: and Atuul
Slide 7: Key Differentiators
6 Key Differentiators Project Diversity Execution Proficiency • Affordable Housing Projects, Slum • The company has delivered 4,911 units Rehabilitation Projects, Multilevel under the Affordable Housing Scheme. Parking, Medical College Campus, BRTS • Established track record in satisfactorily Statio
Slide 8: Awards & Accolades
7 Awards & Accolades Awarded “The Redevelopment Project of the Year” at the Realty+ Awards 2019 for Giridharnagar Slum
Slide 9: Awards & Accolades
8 Awards & Accolades Listed in The 10 Most Admired Companies in Gujarat 2019
Slide 10: Board of Directors
9 Board of Directors Mr. Manoj Vadodaria – CMD Mr. Kiran Vadodaria – Director • 40+ years of experience, knowledge, and insight in the • B.E. (Mechanical) from L.D. Engineering College, currently the construction industry; transformed Nila from a city-based realtor Chairman and Managing Director of
Slide 11: Key Management Personnel
10 Key Management Personnel Deep Vadodaria - Chief Operating Officer Jignesh Patel – President (Project Mgmt. & Strategies) • An original thinker with an immense reasoning power. With a • Project Management & Strategies problem-solving attitude, he addresses complex issues in his own • A civil engin
Slide 12: Business Mix
11 BUSINESS MIX
Slide 13: Area of Operations
12 Area of Operations EPC PPP • Affordable Housing • Slum Rehabilitation and Redevelopment • Civic Urban infrastructure • Development of Bus Ports • Private White Label Construction The company generally operates Total Order-book break up The company pays for the cost of on fixed price contracts, an
Slide 14: Projects and Geographic diversity
13 Projects and Geographic diversity JODHPUR 2,288 units NAVIYANI 5 Lakh sq. Ft. BARMER 100 MBBS/annum BHILWADA SITAPUR MODASA Medical Campus 848 units 2,906 beds 18 Bus Bays employee dormitory 5,078 units 720 Media Utility Ahmedabad UDAIPUR 1,100 capacity RAJKOT 1,152 units 104 BRTS 100 Media Stati
Slide 15: Clientele
14 Clientele Ahmedabad Municipal Applewoods Estate Engineering Projects Venus Infra Ahmedabad Urban Corporation Pvt Ltd India Ltd (a Mini Ratna) Development Authority Adani Ports and Special Economic Zones Limited Vadodara Urban Adani Group Gujarat State Road Rajasthan Avas Vikas & Vyapti Group Deve
Slide 16: Infrastructure – Affordable Housing
15 INFRASTRUCTURE – AFFORDABLE HOUSING
Slide 17: Affordable Housing – Overview
16 Affordable Housing – Overview Revenue from Affordable Housing (INR Mn) • The company was one of the first to venture into the Affordable Housing scheme in 2012 and is now a specialist in this segment. • The company engages in the development of projects for EWS, LIG, and MIG sections in addition
Slide 18: Order Book for Affordable Housing at 01/Jan/2020
17 Order Book for Affordable Housing at 01/Jan/2020 Total Order-book break up Total units Total Name of the Business Govt / Project Balance Location to be Value Completed Project Model Private Status (INR Mn) constructed (INR Mn) To be Sonaria - AMC PPP Ahmedabad GOVT 858 585.9 - 585.9 initiated CUI
Slide 19: Completed Projects under Affordable Housing
18 Completed Projects under Affordable Housing Adani Pratham LIG 6 Girdharnagar • Employer - Adani Infrastructures • Employer – AMC. • Employer – AMC. and Developers Pvt. Ltd. • Units – 608 LIG flats + 40 shops • Units – 609 flats + 21 shops • Units – 800 flats. + 8 offices. EWS Package 1 & 4 Sewasi
Slide 20: Industry Overview for Affordable Housing
19 Industry Overview for Affordable Housing Access to • The Government targets to build 20 Mn urban and Finance 30 Mn rural houses by 2022. • Since May 2017, the Gujarat Real Estate Regulatory Technology Training & Authority (GRERA) has approved a total of 4,691 for Capacity real estate projects wit
Slide 21: Industry Overview for Affordable Housing: Key Initiatives
20 Industry Overview for Affordable Housing Key Initiatives: Driving Progress • Real Estate (Regulation and Development) Act, 2016 (RERA) for regulation and promotion Rera of the Real Estate. Infrastructure Status • Infrastructure Status to Affordable Housing NUHF • National Urban Housing Fund (NUHF
Slide 22: Civic Urban Infrastructure
21 CIVIC URBAN INFRASTRUCTURE
Slide 23: Civic Urban Infrastructure – Overview
22 Civic Urban Infrastructure – Overview • The Company gained traction in Civic Urban Infrastructure, in 2006-07 as the flagship company of the Group Sambhaav Media Ltd was awarded construction of decorative AMTS Bus Stand in Ahmedabad. • The Company has undertaken a variety of projects under Civic
Slide 24: Order book for Civic Urban Infrastructure at 01/Jan/2020
23 Order book for Civic Urban Infrastructure at 01/Jan/2020 Total Order-book break up Name of the Govt / Project Total Value Balance Location Completed Project Private Status (INR Mn) (INR Mn) Affordable Modasa Bus Port CF Housing Modasa GOVT WIP 780.0 21% 617.1 - Vyapnila 41% CUI Kalupur Veg Mkt –
Slide 25: BRTS – A Success Story
24 BRTS – A Success Story BRTS Bus Stations Built By NILA (104 of 144) – Ahmedabad BRTS – A Success Story • Prime Contractor for Global Award Winning BRTS (Bus Rapid Transit System) project of AMC. 72% BRTS stations awarded to NILA (104 out of 144). • Total value ~ INR 630 Mn.
Slide 26: Industry Overview for Civic Urban Infra
25 Industry Overview for Civic Urban Infra • USD 950 Bn financing in the next 20 years to effectively build and run the urban cities by providing civic amenities, employment opportunities, and creating social infrastructure. • 28,360 MOUs signed, the maximum number of 21,889 were connected to the Mi
Slide 27: White Label Construction
26 WHITE LABEL CONSTRUCTION
Slide 28: White Label Construction
27 White Label Construction • Under White Label Construction, the company undertakes construction projects on an EPC/LSTK basis for reputed private developers. USP • 800 Affordable Housing units’ Residential complex project for Adani group. • Office building project for Adani Ports and Special Econo
Slide 29: Industrial and Logistics Parks
28 INDUSTRIAL AND LOGISTICS PARKS
Slide 30: Becharaji (Gujarat) – The next Auto-hub of India
29 Becharaji (Gujarat) – The next Auto-hub of India • Close proximity to Major all-weather ports viz., Kandla and Mundra, promise excellent access to global markets. Becharaji, Gujarat • This preempts huge long term investments by auto majors like Suzuki and Honda Motorcycles & Scooters in and aroun
Slide 31: Becharaji (Gujarat) – The next Auto-hub of India
30 Becharaji (Gujarat) – The next Auto-hub of India Particulars Romanovia Industrial Park Pvt.Ltd. Kent Residential and Industrial Park LLP TVS Warehouse Nittsu Logistics Warehouse SMGPL Dormitory Project Images Ownership 50:50 Joint Venture between Nila Infrastructures Limited and the Kataria Group
Slide 32: Way Forward – Infrastructure
31 Way Forward – Infrastructure • Affordable Housing has been granted “Infrastructure” status, serving as a stimulus to the segment. • Central Government has targeted the construction of 10 Mn houses per annum with demand growing at 6- 7 Mn per year due to population growth and nuclearisation of fam
Slide 33: Historical Financial Highlights
32 HISTORICAL FINANCIAL HIGHLIGHTS
Slide 34: Income Statement – Standalone (IND-AS)
33 Income Statement – Standalone (IND-AS) Particulars (INR Mn) FY2018 FY2019 9M-FY20 Income from Operations 2,143 2,258 1,662 Operating Expenses 1,763 1,878 1,423 EBITDA 380 380 239 EBITDA Margin (%) 17.73% 16.83% 14.38% Finance Cost 111 130 123 Depreciation 17 19 13 Other Income 73 83 83 Profit Bef
Slide 35: Balance Sheet – Standalone (IND-AS)
34 Balance Sheet – Standalone (IND-AS) EQUITIES & LIABILITIES (INR Mn) FY2018 FY2019 H1-FY20 ASSETS (INR Mn) FY2018 FY2019 H1-FY20 Shareholder Funds 1,078 1,250 1,354 Non Current Assets 1,058 1,103 1,350 (A) Equity Share Capital 394 394 394 (A) Property, Plant and Equipment 90 73 67 (B) Other Equity
Slide 36: Income Statement – Consolidated (IND-AS)
35 Income Statement – Consolidated (IND-AS) Income Statement (INR Mn) FY2018 FY2019 9M-FY20 Income from Operations 2,022 2,138 1,615 Total Expenses 1,665 1,779 1,381 EBITDA 357 359 234 EBITDA Margin 17.66% 16.79% 14.49% Finance Cost 111 130 123 Depreciation 17 19 13 Other Income 55 60 76 Share in pr
Slide 37: Balance Sheet – Consolidated (IND-AS)
36 Balance Sheet – Consolidated (IND-AS) EQUITIES & LIABILITIES (INR Mn) FY2018 FY2019 H1-FY20 ASSETS (INR Mn) FY2018 FY2019 H1-FY20 Shareholder Funds 1,033 1,184 1,287 Non Current Assets 988 972 1,223 (A) Equity Share Capital 394 394 394 (A) Property, Plant and Equipment 90 73 67 (B) Other Equity 6
Slide 38: Consolidated Financial Performance (IND-AS)
37 Consolidated Financial Performance (IND-AS) Revenue (INR Mn) and EBITDA Margin (%) PAT (INR Mn) and PAT Margins (%) Debt to Equity Ratio 17.7% 9.6% 9.4% 16.8% 2,022 2,138 0.80 0.92 200 200 FY2018 FY2019 FY2018 FY2019 FY2018 FY2019 Interest Coverage Ratio Current Ratio 3.06 2.61 1.73 2.19 FY2018 F
Slide 39: Capital Market Information
Capital Market Information Price Data as on 31st December, 2019 Shareholding Pattern as on 31st December, 2019 CMP 4.25 No. of Shares (Mn) 393.8 FII 5.69% Promoters M.Cap (INR Mn) 1,674.0 61.90% DII Free Float (%) 38.1% 1.84% Free Float (Mn) 645.3 52 week H/L 10.05/3.71 Avg Total Vol. ('000) 476.3 P
Slide 40: Disclaimer
39 Disclaimer 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 th
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