Gpt Infraprojects Limited · NSE:GPTINFRA
Gpt Infraprojects — Q1 FY2019 Earnings Presentation
23 slides from Gpt Infraprojects's earnings presentation, 2018
Slide 1: GPT Infraprojects Limited Result Presentation Q1 FY19
GPT Infraprojects Limited Result Presentation Q1 FY19
Slide 2: Safe Harbor
Safe Harbor • This presentation and the accompanying slides (the “Presentation”), which have been prepared by GPT Infraprojects 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 s
Slide 3: Business & Financial Update
Business & Financial Update Q1 FY19
Slide 4: Financial Snapshot – Q1 FY19
Financial Snapshot – Q1 FY19 13.2% 7.1% 4.1% Revenue EBITDA PAT Rs 153 crore Rs 22 crore Rs 5.3 crore 145days 4.2x Working Capital Book to Bill Ratio From 232 days in Mar-15 Order book of Rs 22.4 bn 4
Slide 5: Profit & Loss Highlights
Profit & Loss Highlights Consolidated (Rs mn) Q1 '19 Q1 '18 Y-o-Y% Q4 '18 Q-o-Q% FY18 Revenue 1,462 1,314 11.2 1,780 -17.9 5,207 • IND AS 115 related Other operating income 68 38 82.0 47 45.8 164 impact of Rs. 15.1 mn in Net Sales 1,530 1,352 13.2 1,827 -16.2 5,371 Q1 FY19 financials Operating expen
Slide 6: Segment-wise Revenue Break-up
Segment-wise Revenue Break-up Segmental revenue break-up: Q1 FY19 Segmental revenue break-up: FY18 Concrete Concrete Sleepers Sleepers 22% 25% Infrastructure Infrastructure 78% 75% 6
Slide 7: Rs 22.4 bn of Order Book; Rs 5.1 bn of Order Intake in Q1 FY19
Rs 22.4 bn of Order Book; Rs 5.1 bn of Order Intake in Q1 FY19 Key Orders received during YTD FY19… additionally, L1 in orders worth Rs 2.5 bn Value Segment Projects Client (Rs Mn) Construction of Rail Line & ancillary work in connection with Infrastructure Bangladesh Railway 834 construction of Rup
Slide 8: Business Segments: Infrastructure | Concrete Sleepers
Business Segments Infrastructure | Concrete Sleepers 8
Slide 9: Company Overview
Company Overview Leading player in Civil construction and Sleeper manufacturing Key Compétences for Railways with almost 40 yrs of experience Offers integrated solutions backed by Engineering skill and Construction capability (~1,000 employees incl. 119 engineers) Infrastructure: Railways, Roa
Slide 10: Infrastructure: Strong execution capabilities across verticals
Infrastructure: Strong execution capabilities across verticals Commenced infrastructure projects in 2004 Executes civil infrastructure projects mainly in railways and roads bridges and industrial infrastructure for government sector clients Core expertise in infrastructure works includes: o Co
Slide 11: Concrete Sleepers: Among the Pioneers in India
Concrete Sleepers: Among the Pioneers in India Segment Overview and Manufacturing Facilities Among the Pioneers: Among India’s first concrete sleeper manufacturers in 1982 Diversified Products: Mainline, Curves, Bridges, Level-crossings, Points & crossing Capacity: Total installed capacity of
Slide 12: Key Growth Drivers
Key Growth Drivers Revival in Railway Capex | Healthy Order Book Focus on Increasing Profitability | Strong Corporate Governance
Slide 13: Pick-up in Railway Capex
Pick-up in Railway Capex .… Medium Term (FY16-20) Investment Plan of Rs 8.56 tn by Indian Railways FY19 Railway Capex pegged at Rs 1,480 bn, an increase of ~30% Y-o-Y • Allocated Rs 1,993 bn towards DFC, Doubling/Tripling • Allocated Rs 1,930 bn towards Network of lines, Electrification and traffic
Slide 14: Presents Significant Growth Opportunity for GPT
…. Presents Significant Growth Opportunity for GPT…. Setu Bharatam – Rs 500+ bn to construct of 208 ROBs, rebuild 1,500 British era bridges Bridge construction Rashtriya Rail Sanraksha Kosh – Portion of Rs 100 bn earmarked for bridge rehabilitation opportunity Unmanned level crossing (UMLC) - Elimin
Slide 15: Reflected in Increased Order Intake (FY16 onwards)
…. Reflected in Increased Order Intake (FY16 onwards) Order Inflow (Rs mn) Order Book (Rs mn) Strong revenue visibility – 4.2x FY18 Sales 8,813 22,360 20,730 18,510 7,112 16,500 6,080 5,100 12,460 3,540 FY15 FY16 FY17 FY18 Q1 FY19 FY15 FY16 FY17 FY18 Q1 FY19 • Additionally, L1 in orders worth Rs 2.5
Slide 16: Focus on Consistent Operating Margin
Focus on Consistent Operating Margin… Growth in Revenues (Rs mn) in-line with increased Healthy EBITDA (Rs mn) with consistent margin Railway Investment 13% 15% 14% 13% 16% 5,371 5,028 5,100 852 4,528 680 670 3,898 586 590 FY14 FY15 FY16 FY17 FY18 FY14 FY15 FY16 FY17 FY18 • FY18 revenue is after adj
Slide 17: Better Working Capital, leading to Improved Profitability
… Better Working Capital, leading to Improved Profitability Working Capital (Days) Profit After Tax (Rs mn) Return on Equity (%) 232 9.4% 8.4% 200 191 7.4% 152 152 156 122 123 3.1% 63 2.5% 41 Mar'14 Mar'15 Mar'16 Mar'17 Mar'18 FY14 FY15 FY16 FY17 FY18 FY14 FY15 FY16 FY17 FY18 Improved working capita
Slide 18: Experienced Management with Strong Industry Background
Experienced Management with Strong Industry Background… Dwarika Prasad Tantia Shree Gopal Tantia Atul Tantia Vaibhav Tantia Arun Kumar Dokania Chairman Managing Director Executive Director Director & COO Chief Financial Officer • With an experience of • 35 years experience in • Graduated Magna Cum •
Slide 19: Along with Focus on Better Corporate Governance
…Along with Focus on Better Corporate Governance Statutory Auditor Kashi Prasad Khandelwal Sunil Patwari Viswa Nath Purohit S R Baltiboi & Co. - Independent Director Independent Director Independent Director Member firm of Ernst Is a fellow member and holds certificate Holds PGDM degree from IIM, Is
Slide 20: Annual Financial Highlights
Annual Financial Highlights 20
Slide 21: Consolidated Profit & Loss
Consolidated Profit & Loss Consolidated (Rs mn) FY15 FY16 FY17 FY18 Revenue 3,883 5,021 5,089 5,207 Other Operating Income 15 7 12 164 Net Sales 3,898 5,028 5,100 5,371 Operating expenses 3,309 4,347 4,430 4,519 EBITDA 590 680 670 852 EBITDA margin 13.5% 13.5% 13.1% 15.9% Depreciation 198 191 175 22
Slide 22: Consolidated Balance Sheet
Consolidated Balance Sheet Consolidated (Rs mn) Mar-16 Mar-17 Mar-18 Consolidated (Rs mn) Mar-16 Mar-17 Mar-18 Share Capital 143 145 291 Fixed Assets incl. CWIP 1,168 1,442 1,528 Reserves 1,522 1,715 1,823 Shareholders' Funds 1,665 1,860 2,114 Long Term Loans & Advances 428 440 571 Secured Loans 40
Slide 23: GPT Infraprojects Limited Contact Details
GPT Infraprojects Limited Atul Tantia Rachana Mishra GPT Infraprojects Limited atul@gptgroup.co.in rmishra@gptgroup.co.in CIN: L20103WB1980PLC032872 GPT Centre, JC-25, Sector-III, Salt Lake Stellar IR Advisors Pvt. Ltd. (Investor Relations) City, Kolkata-700046, West Bengal +91 33 4050 7000 Gaurang