Simplex Infrastructures Limited · NSE:SIMPLEXINF
Simplex Infrastructures — Investor Presentation (June 2016)
20 slides from Simplex Infrastructures's investor presentation, June 2016
Slide 1: Corporate Presentation June'16
CORPORATE PRESENTATION June’16 Simple solutions for complex structures 1 SIMPLEX INFRASTRUCTURES LTD.
Slide 2: Disclaimer
Disclaimer • Certain statements in this presentation concerning our future growth prospects are forward- looking statements, which are subject to a number of risks, uncertainties and assumptions that could cause actual results to differ materially from those contemplated in such forward-looking stat
Slide 3: Simplex Background
Simplex Background ● Established in 1924 and executed over 2900 projects. ● Presence pan-India and Overseas with over 200 ongoing projects. ● Presence across all Construction Verticals—Ground Engineering, Industrial, Building & Housing, Power—Thermal; Nuclear; Hydel; Power Transmission, Marine Ports
Slide 4: Milestones
Milestones 1992 - Built international class 1993 - Went Public hotel at Tashkent, Uzbekistan 1996 - Follow on public issue of 1990 - Piling jobs in UAE – Abu Equity shares & Rights Issue of POCD Dhabi 2000 – Added more construction 1960 - Foray into construction of verticals Thermal Power Plants ran
Slide 5: Simplex - Organisational Strength
Simplex - Organisational Strength • Promoters solely focussed on this business for nearly 7 decades. • Promoters hold 56% Institutions 26%. • Some of the key investors include Funds like HDFC, Chrys Capital, SBI Bank & MF, Birla, UTI ,Templeton, Reliance MF, J P Morgan, General Insurance etc. • Long
Slide 6: Simplex - Business Strengths
Simplex - Business Strengths Risk-mitigated Business Model ● Risk-mitigated, well-diversified and spread out construction revenues ● The largest sector in revenues – Bldg & Hsg construction 37%. ● The largest sector in order book – Bldg & Hsg construction 45%. ● Single Client exposure average 0.47%.
Slide 7: Business Strength – Segments
Business Strength – Segments… ● Since 1924.Introduced Ground Engg. techniques in the Indian sub-continent. Ground ● Ground Engg. includes Piling - Driven cast-in-situ, Driven Precast RCC, Engg. Bored cast-in-situ RCC, Under-reamed, Diaphragm walls; Ground (8/8%)* Strengthening. ● Major orders : Guja
Slide 8: Business Strength - Segments
…. Business Strength - Segments ● Since 1940. Started with King George Docks in Mumbai ● Associated with many major ports in India and area of operations includes Marine design & const. of on-shore and off-shore structures. (5/5%)* ● Commissioned the largest ICTT Kochi for DP World , at JNPT for Mae
Slide 9: Business Strength – Diversity of Sales
Business Strength – Diversity of Sales Segments S a l e s (in %) Figures in % FY12 FY13 FY14 FY15 FY16 June’16 Piling & Ground Engg. 7 6 6 6 8 8 Industrial 11 10 12 16 12 13 Bldg. & Hsg. 12 18 26 28 33 37 Power 36 32 22 12 10 12 Marine 3 1 1 3 5 5 Roads 6 8 15 15 5 4 Railways 2 2 2 2 2 2 Bridges 10
Slide 10: Business Strength – Robust & Diverse New orders
Business Strength – Robust & Diverse New orders Segments Order Inflow (in %) Segment (%) FY11 FY12 FY13 FY14 FY15 FY16 June’16 Piling 8 7 3 4 8 4 3 Power 17 39 15 3 12 17 3 Industrial 9 3 5 7 16 5 - Marine 3 6 ` 5 1 1 Road 18 18 19 26 - 7 - Railways 4 1 2 6 - - 20 Bridges 9 1 19 10 - 7 19 Bldg & Hsg
Slide 11: Business Strength – Diversified Order-book
Business Strength – Diversified Order-book…. Segment (%) FY12 FY13 FY14 FY15 FY16 June’16 Piling 4 2 3 4 4 4 Power 25 20 11 12 15 14 Industrial 11 8 6 7 5 5 Marine 1 3 3 3 4 2 Road 15 20 16 12 3 3 Railways 2 2 4 3 3 4 Bridges 5 9 14 8 8 8 Bldg & Hsg 29 26 32 39 45 45 Urban 8 10 11 12 13 15 Total (%)
Slide 12: Business Strength – Diversified Order-book
…..Business Strength – Diversified Order-book Segment FY12 FY13 FY14 FY15 FY16 June’16 (%) Govt 25 32 48 55 42 45 PPP 14 18 2 1 0 0 Private 61 50 50 44 58 55 Total(%) 100 100 100 100 100 100 Segment FY11 FY12 FY13 FY14 FY15 June’16 (%) Domestic 87 90 94 81 84 90 Foreign 13 10 6 19 16 10 Total(%) 100
Slide 13: Business Strength – Strong Bid Pipeline
Business Strength – Strong Bid Pipeline Segment (%) Q1FY17 Segment (%) Q1FY16 Domestic 69 Piling 6 Foreign 31 Power 25 Total(%) 100 Industrial 16 Marine 3 Road 3 Segment (%) Q1FY17 Railways 3 Bridges 10 Govt 62 Private 38 Bldg & Hsg 17 Urban 16 Total(%) 100 Total (%) 100 ` Crs) Amount (` 27308 Infor
Slide 14: Simplex - Growth Drivers
Simplex - Growth Drivers… • $10 bn planned investment in Airport sector in next 5 Years. • Huge opportunities in MASS RAPID TRANSPORT SYSTEM in Urban cities. Urban Infra. • Existing & New cities infrastructure upgradation & development. • Simplex present in all kinds of Urban infra construction • Sh
Slide 15: Simplex - Growth Drivers
.... Simplex - Growth Drivers • “Affordable Housing” to swing construction demand in the sector. • Rising Income & living standards to generate more demand. Building & • Dearth of quality contractors. housing • Expected annual construction $60bn. • Share in Order book 45% and in bid pipeline 17%. •
Slide 16: 5 Years' Financials - P & L - Standalone
5 Years’ Financials - P & L - Standalone (`. In Mn) PARTICULARS 2012-13 2013-14 2014-15 2015-16 30.06.16 Sales 59214 56154 56605 59452 14419 EBITDA 5874 6364 6593 6315 1644 OPM % 9.9% 11.3% 11.6% 10.6% 11.4% EBIT 3803 4324 4561 4287 1142 EBIT % 6.4% 7.7% 8.1% 7.2% 7.9% PBT 902 856 939 964 276 % of S
Slide 17: 5 Years' Financials – Standalone B/Sheet
5 Years’ Financials – Standalone B/Sheet (`. in Mns) Particulars 31.03.2013 31.03.2014 31.03.2015 31.03.2016 30.06.2016 Sources of Funds Net Worth 14894 16051 16341 17034 16228 Loans 26784 29296 32253 32637 32622 Capital Employed 41678 45347 48594 49671 48850 Application of Funds Gross Block 18809 2
Slide 18: Marquee Clientele
Marquee Clientele MSRDC NPCIL AAI MMRDA 18 SIMPLEX INFRASTRUCTURES LTD.
Slide 19: Simplex - Key Projects
Simplex - Key Projects Ground Engineering Industrial Building & Housing Power Marine Roads, Railways & Bridges Urban Infra 19 SIMPLEX INFRASTRUCTURES LTD.
Slide 20: Thank You
Thank You Website: www.simplexinfra.com Contact: Mr. Naresh Rathi- Email: naresh.rathi@simplexinfra.com, Mobile: +91 9836588088 Scrip Codes: NSE – SIMPLEXINF, BSE – 523838, Reuters – SMCP.BO, Bloomberg - SINFIN 20 SIMPLEX INFRASTRUCTURES LTD.
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