46 slides from J. Kumar Infraprojects's earnings presentation, May 28, 2024
Slide 1: Regulation 30 filing cover letter to stock exchanges
J. KUMAR INFRAPROJECTS LIMITED Regd Off: J. Kumar House, CTS No. 448, 448/1, 449, Subhash Road, Vile Parle (East), Mumbai 400 057, Maharashtra, India, Phone: +91 22 67743555, Fax: +91 22 26730814, Email: investor.grievances@jkumar.com Website: www.jkumar.com, CIN: L74210MH1999PLC122886 28th May, 202
Slide 2: Investor Presentation Q4 & FY24 Results Update
J. Kumar Infraprojects Limited Dwarka Expressway Underpass We dream… So we achieve… Investor Presentation Q4 & FY24 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, FOCUSED ON INNOVATION…DELIVERING EXCELLENCE recommendation or in
Slide 4: Table of Contents
Table of Contents Performance Highlights FOCUSED ON INNOVATION…DELIVERING EXCELLENCE Company Overview Vision 2027 – Billion $ Company Business Overview Management Overview Historical Financials 3 We dream… So we achieve…
Slide 5: Performance Highlights
We dream… So we achieve… Performance Highlights
Slide 6: Q4 & FY24 Key Financial Highlights (Standalone)
Q4 & FY24 Key Financial Highlights (Standalone) EBITDA PAT EPS ✓ Up by 27% Y-o-Y to ✓ Up by 35% Y-o-Y to ✓ Stood at ₹13.17 in Q4 ₹203 cr in Q4 FY24 ₹100 cr in Q4 FY24 FY24 FOCUSED ON INNOVATION…DELIVERING EXCELLENCE Cash PAT Revenue ✓ Up by 18% Y-O-Y to EBIT ✓ Up by 20% Y-O-Y to ✓ Stood at ₹ 43.43 i
Slide 7: Q4 & FY24 Profit & Loss (Standalone)
Q4 & FY24 Profit & Loss (Standalone) Particulars (₹ In Cr) Q4 FY24 Q4 FY23 Y-O-Y Q3 FY24 FY24 FY23 Y-O-Y Revenue from Operations 1,425 1,134 26% 1,219 4,879 4,203 16% FOCUSED ON INNOVATION…DELIVERING EXCELLENCE Cost of Material Consumed 937 742 776 3,170 2,784 Construction Expenses 162 130 141 550 4
Slide 8: Balance Sheet (Standalone)
Balance Sheet (Standalone) As at As at As at As at Particulars (₹ in Cr) Particulars (₹ in Cr) Mar 2024 Mar 2023 Mar 2024 Mar 2023 ASSETS EQUITY AND LIABILITIES FOCUSED ON INNOVATION…DELIVERING EXCELLENCE Non-Current Assets Equity Property, plant and equipment 971 925 Equity Share Capital 38 38 Capi
Slide 9: Cash Flow (Standalone)
Cash Flow (Standalone) Particulars (₹ In Cr) FY24 FY23 FOCUSED ON INNOVATION…DELIVERING EXCELLENCE PBT 441 374 Adjustments 266 224 Operating profit before working capital changes 707 598 Changes in working capital (250) (323) Cash generated from operations 457 275 Direct taxes paid (net of refund) (
Slide 10: Robust Performance
Robust Performance Revenue (₹ Crores) EBITDA (₹ Crores) FOCUSED ON INNOVATION…DELIVERING EXCELLENCE Quarter 27% 26% Y-O-Y Y-O-Y 16% 18% Y-O-Y Y-O-Y Year 9 We dream… So we achieve…
Slide 11: Robust Performance
Robust Performance PAT (₹ Crores) Cash PAT (₹ Crores) FOCUSED ON INNOVATION…DELIVERING EXCELLENCE Quarter 22% 35% Y-O-Y Y-O-Y 20% 16% Y-O-Y Y-O-Y Year 10 We dream… So we achieve…
Slide 12: Revenue Breakup
Revenue Breakup Segment Wise Breakup (%) Geographical Break up (%) FOCUSED ON INNOVATION…DELIVERING EXCELLENCE Q4 FY 24 ₹1,425 cr FY 24 ₹4,879 cr 11 We dream… So we achieve…
Slide 13: Debt Profile
Debt Profile Long Term Debt (Incl. Short Term Debt Gross Debt Current Maturities) (₹ In Cr) (₹ In Cr) FOCUSED ON INNOVATION…DELIVERING EXCELLENCE (₹ In cr) Debt Equity Ratio • Gross debt equity ratio within comfort level at 0.22x as on Mar 31, 2024 • Net debt equity ratio at 0.04x as on Mar 31, 2024
Slide 14: Key Order Wins - FY24: Goregaon Mulund Link Road
Key Order Wins - FY24 Goregaon Mulund Link Road (GMLR): FOCUSED ON INNOVATION…DELIVERING EXCELLENCE Total Order Inflow during FY 24 - ₹ 11,810 crores • Total project cost ₹ 6,301 crores, JKIL share ₹ 3,088 crores (excluding GST) • Order from BMC for Design, Construction and Operation of Twin Tunnel
Slide 15: Key Order Wins - FY24: Chennai Elevated Corridor
Key Order Wins - FY24 Chennai Elevated Corridor: FOCUSED ON INNOVATION…DELIVERING EXCELLENCE Total Order Inflow during FY 24 - ₹ 11,810 crores • Total project cost ₹ 3,570 crores (excluding GST) • Project awarded by NHAI for Construction of New Double Tier 4-lane Elevated Corridor from Chennai Port
Slide 16: Order Book Analysis
Order Book Analysis Segment Wise Break-up (%) Geographical Break-up (%) FOCUSED ON INNOVATION…DELIVERING EXCELLENCE Healthy Order Book ₹ 21,011 cr 15 We dream… So we achieve…
Slide 17: Company Overview
We dream… So we achieve… Company Overview
Slide 18: About J. Kumar Infraprojects
About J. Kumar Infraprojects 1999 PAN India Flyovers & Metro Quality 35+ Ongoing 7,400* FOCUSED ON INNOVATION…DELIVERING EXCELLENCE Presence Bridges Projects Execution Projects Incorporated to Established Constructed Amongst few Currently Strong undertake Delivering Quality presence in states of mos
Slide 19: Our Offerings
Our Offerings FOCUSED ON INNOVATION…DELIVERING EXCELLENCE Metro Elevated Corridors Roads & Road Civil & Others Water / Flyover Tunnels • Metro Underground • Elevated Corridors • Hospital / Medical • Sewage Treatment • Roads • Metro Elevated • Flyovers Colleges Plants • Highways • Metro Elevated • Ri
Slide 20: Our Growth Story
Our Growth Story Highest ever contracts awarded 2024 worth ₹ 11,810 crores in FY 24 FOCUSED ON INNOVATION…DELIVERING EXCELLENCE Revenue crossed ₹ 4,200 cr 2023 Awarded contracts worth ₹ 2,652 cr Revenue crossed ₹ 3,500 cr 2022 Awarded contracts worth ₹ 3,685 cr Awarded contracts worth ₹ 4,289 cr whi
Slide 21: Vision 2027 – Billion $ Company
We dream… So we achieve… Vision 2027 – Billion $ Company
Slide 22: Towards a Billion $ Revenue Company
Towards a Billion $ Revenue Company Growth Envisaged in ₹ 21,011 cr ₹ 25,000+ cr VISION FOCUSED ON INNOVATION…DELIVERING EXCELLENCE Order Book Order book as on 2027 Mar 31, 2024 Expected Order Book in FY27 • Metro Projects • Flyover, Bridges & Roads Metro projects to be • STP, Sewerage & Water the m
Slide 23: Strengthening Business Organisation & Governance
Strengthening Business Organisation & Governance Strengthening the Business Building the Organisation Reinforcing Governance FOCUSED ON INNOVATION…DELIVERING EXCELLENCE • Larger Complex projects • Individual Profit Centers • Reconstituted the Board by • Segment Diversification • Centralised Planning
Slide 24: Key Strengths
Key Strengths Bidding Eligibility Larger Project Execution Timely Completion FOCUSED ON INNOVATION…DELIVERING EXCELLENCE • Built Bidding capacity for larger projects • Undertaking & Execution of • Impeccable Track record of • Amongst Top 5 EPC players eligible to Large & complex projects completing
Slide 25: Business Overview
We dream… So we achieve… Business Overview
Slide 26: Major Completed Projects
Major Completed Projects FOCUSED ON INNOVATION…DELIVERING EXCELLENCE Mumbai Metro Line 2A Mumbai Metro Line 7 Delhi Underground Metro Delhi Elevated Metro Ahmedabad Metro ESIC Hospital Cum Medical College- Alwar 25 We dream… So we achieve…
Slide 27: Major Completed Projects
Major Completed Projects FOCUSED ON INNOVATION…DELIVERING EXCELLENCE JNPT - Mumbai Panjarapol Flyover Grant road Skywalk Amar Mahal Flyover Chheda Nagar Flyover Part 1 BKC- Chunabhatti Flyover 26 We dream… So we achieve…
Slide 28: Major Ongoing Projects
Major Ongoing Projects FOCUSED ON INNOVATION…DELIVERING EXCELLENCE Mumbai Underground Metro Line 3 Mumbai Metro Line 9 Pune Elevated Metro Mumbai Metro Line 4A Mumbai Metro Line 6 Pune Underground Metro 27 27 We dream… So we achieve…
Slide 29: Major Ongoing Projects
Major Ongoing Projects FOCUSED ON INNOVATION…DELIVERING EXCELLENCE Chhedanagar Flyover Motagaon Creek Bridge Dwarka Expressway Kalwa Bridge Thane SCLR Flyover Sewri Worli Elevated 28 28 We dream… So we achieve…
Slide 30: Major Ongoing Projects
Major Ongoing Projects FOCUSED ON INNOVATION…DELIVERING EXCELLENCE RML, Lucknow Vadodara Mumbai Expressway, IRCON Pune Riverfront Airoli Flyover Delhi Metro Dwarka Expressway 29 29 We dream… So we achieve…
Slide 31: Fleet of Modern Equipment
TBM Machine Dumper / Tipper Launching Girder Piling Machine RMC Plant Bitumen Plant Fleet of Modern Equipment We dream… So we achieve… Casting Yard Segment Rolling Straddle Carrier 30 FOCUSED ON INNOVATION…DELIVERING EXCELLENCE
Slide 32: Prestigious Client & Vendors
FLYOVER & METRO & VENDORS BRIDGES & ROADS RAILWAYS & CIVIL Prestigious Client & Vendors We dream… So we achieve… 31 FOCUSED ON INNOVATION…DELIVERING EXCELLENCE
Slide 33: Management Overview
We dream… So we achieve… Management Overview
Slide 34: Experienced & Visionary Leadership
Experienced & Visionary Leadership FOCUSED ON INNOVATION…DELIVERING EXCELLENCE Mr Kamal J Gupta Mr Jagdish Kumar Gupta Dr Nalin J Gupta Managing Director Executive Chairman Managing Director ➢ Bachelor in Civil Engineering, joined ➢ Commerce Graduate & Member ➢ 50+ years of experience in JKIL in 199
Slide 35: Board of Directors
Board of Directors Mr. Raghav Chandra Mr. Sidharath Kapoor Ms. Archana S. Yadav FOCUSED ON INNOVATION…DELIVERING EXCELLENCE • Masters in Public • Chartered Accountant Administration from Harvad (rank holder), CS and • Chartered Accountant University, USA. He is MSc. in GAMP from ISB. with over 15 ye
Slide 36: Board of Directors
Board of Directors Mr. Ramesh Kumar Choubey Mr. Praveen Ghag FOCUSED ON INNOVATION…DELIVERING EXCELLENCE • Associated with Indian Revenue • Associated with our Company Services (IRS) from 1990 to 2023 since 12 years and has worked and is Retired as Chief in the areas of several strategic Commissione
Slide 37: Strong Focused Management Team
Strong Focused Management Team Shaibal Roy Mayank Kumar Jain Arvind Gupta FOCUSED ON INNOVATION…DELIVERING EXCELLENCE Head Transportation- Ex Vice President - Projects Vice President - Taxation Projects Eapen John K.K. Pathak Rajendra Sharma General Manager - IT Head QA QC Head - CPMG Poornima Chint
Slide 38: Historical Financials
We dream… So we achieve… Historical Financials
Slide 39: Profit & Loss (Standalone)
Profit & Loss (Standalone) Particulars (₹ In Cr) FY20 FY21 FY22 FY23 FY24 CAGR Revenue from Operations 2,971 2,571 3,527 4,203 4,879 13% FOCUSED ON INNOVATION…DELIVERING EXCELLENCE Cost of Material Consumed 1,817 1,612 2,268 2,784 3,170 Construction Expenses 418 457 550 Employee Expenses 299 231 279
Slide 40: Balance Sheet (Standalone)
Balance Sheet (Standalone) As at As at As at As at As at As at Particulars (₹ in Cr) Particulars (₹ in Cr) Mar 2024 Mar 2023 Mar 2022 Mar 2024 Mar 2023 Mar 2022 ASSETS EQUITY AND LIABILITIES FOCUSED ON INNOVATION…DELIVERING EXCELLENCE Non-Current Assets Equity Property, plant and equipment 971 925 7
Slide 41: Key Financial Indicators (Standalone)
Key Financial Indicators (Standalone) Revenue from Operations ₹ Cr EBITDA ₹ Cr FOCUSED ON INNOVATION…DELIVERING EXCELLENCE PAT ₹ Cr Cash PAT ₹ Cr 40 We dream… So we achieve…
Slide 42: Revenue – Key Contributors
Revenue – Key Contributors METRO - UNDERGROUND (₹ cr) FOCUSED ON INNOVATION…DELIVERING EXCELLENCE METRO - ELEVATED (₹ cr) 41 We dream… So we achieve…
Slide 43: Revenue – Key Contributors
Revenue – Key Contributors FOCUSED ON INNOVATION…DELIVERING EXCELLENCE ELEVATED CORRIDORS/ FLYOVERS (₹ cr) ROADS & ROAD TUNNELS (₹ cr) WATER, CIVIL & OTHERS (₹ cr) 42 We dream… So we achieve…
Slide 44: Strong Financial Metrics
Strong Financial Metrics Asset Turnover Ratio Working Capital Days FOCUSED ON INNOVATION…DELIVERING EXCELLENCE ROE ROCE 43 We dream… So we achieve…
Slide 45: Order Book as on March 31, 2024
Order Book as on March 31, 2024 Order Book (₹ crores) Order Inflow (₹ crores) FOCUSED ON INNOVATION…DELIVERING EXCELLENCE Order Book to Sales (x) 44 We dream… So we achieve…
Slide 46: Thank You
Artist’s image of unique cable stayed bridge design crossing over Vakola flyover .. part of ongoing SCLR project in Mumbai We dream… So we achieve… J. Kumar Infraprojects Ltd. Marathon Capital Advisory Pvt. Ltd. Ms. Poornima Reddy Rahul Porwal - rahul@marathoncapital.in Company Secretary & Complianc