Slide 1: RITES Limited cover letter to stock exchanges
�l�etl �fi:le'5 (m«r �-<41/'< c1>1 ufaie,1) IRiTES THE INFRASTRUCTURE PEOPLE RITES LIMITED (Schedule 'A' Enterprise of Govt. of India) No. RITES/SECY/NSE Date: November 10, 2020 To: To: Listing Department, Corporate Relationship Department, National Stock Exchange of India Limited, BSE Limited, Rotu
Slide 2: Investor Presentation: Financial Results Q2'FY21 & H1'FY21
Investor Presentation Financial Results: Q2’FY21 & H1’FY21 Date: 10th November 2020
Slide 3: Safe Harbor
Safe Harbor This presentation report is for distribution purpose only under such circumstances as may be permitted by applicable law. This presentation is for information purposes only without regard to specific objectives, financial situations or needs of any particular persons and does not constit
Slide 4: Content
Content 1 Financial Performance – Q2’FY21 & H1’FY21 4 2 Order Book 14 3 Outlook for FY 20-21 17 3
Slide 5: 1. Financial Performance – Q2'FY21
1.Financial Performance – Q2’FY21
Slide 6: On the road to Recovery (Q1FY21 to Q2FY21)
On the road to Recovery (Q1FY21 to Q2FY21) 1 Revenue momentum picking up amid supply chain disruptions 2 Order book at new high of ₹ 6661 crore Secured more than 60 new projects, including extensions, of ₹ 948 crore 3 during quarter 4 Secured first order for locomotive leasing to a fertilizer plant
Slide 7: Performance in Q2FY21
Performance in Q2FY21 ₹ in Crore Consolidated Standalone 888 874 746 726 500 488 439 Q2'FY20 422 Q2'FY21 Operating Revenues Total Revenues Operating Revenue Total Revenue Decrease in revenue is mainly due to • Export deliveries not scheduled during this quarter (approx impact of ₹262 crore) • Disrup
Slide 8: Q2FY21 - Profits with Sustained Margins
Q2FY21 - Profits with Sustained Margins ₹ in Crore Consolidated Standalone 339 326 328 317 38.2% 36.7% 237 37.5% 233 36.3% 189 175 Q2'FY20 183 26.6% 26.7% 171 132 Q2'FY21 37.9% 131 35.1% 37.4% Margins 35.1% 26.5% 26.8% EBITDA PBT PAT EBITDA PBT PAT Significant improvement in performance over Q1FY21
Slide 9: Challenging H1FY21
Challenging H1FY21 ₹ in Crore Consolidated Standalone 1457 1284 1423 1245 876 774 852 H1FY20 745 H1FY21 Operating Revenues Total Revenues Operating Revenue Total Revenue Decrease in revenue is mainly due to • Export deliveries not scheduled for Q2FY21 (approx impact of ₹390 crore) • Disruptions in s
Slide 10: H1FY21 – Profits with Sustained Margins
H1FY21 – Profits with Sustained Margins ₹ in Crore Consolidated Standalone 505 480 479 458 33.6% 339 32.2% 325 293 34.7% 32.9% 265 H1FY20 277 23.3% 254 H1FY21 22.8% 197 191 Margins 32.5% 29.8% 33.5% 30.2% 22.5% 22.4% EBITDA PBT PAT EBITDA PBT PAT Sustained margins due to cost reduction measures, des
Slide 11: Segmental Revenue (Standalone)
Segmental Revenue (Standalone) ₹ in Crore Q2FY21 242 27 - 154 - 5.2% - 11.8% - - 14% Q2FY20 255 30 262 179 Consultancy Lease Exports Turnkey 31%, 13% and 35% growth in revenue from Consultancy, Leasing & Turnkey, respectively over Q1FY21 No exports were scheduled for Q2FY21. Exports are scheduled fo
Slide 12: Segmental Profitability
Segmental Profitability ₹ in Crore Profit Margins 47.4% 32.3% ---- 3.6% Q2FY21 115 9 -3 5 Gross Profits +1.2% - 32.6% - 103.9% -27.6% Q2FY20 114 13 68 8 Consultancy Leasing Exports Turnkey Profit Margins 44.5% 42.3% 26.1% 4.2% 40%, 19% and 8% increase in gross profit from Consultancy, Leasing & Turn
Slide 13: REMC Ltd Performance in Q2FY21
REMC Ltd Performance in Q2FY21 ₹ in Crore 21 22 18 18 16 14 11 9 Q2'FY20 8 Q2'FY21 6 Operating Operationing Total Revenue EBITDA PBT PAT Revenue 23%, 19% and 25% increase in Revenue, EBITDA and Profits respectively over Q1FY21 Consultancy revenue got impacted due to less traction power requirement b
Slide 14: Employee Productivity
Employee Productivity ₹ in Crore REVENUE PER EMPLOYEE Continuous rationalization of manpower to (STANDALONE) improve productivity 0.83 ₹ 0.67 FY20 Profit before Tax per employee stands at Rs. 27 lakh (Rs. 20 Lakh in FY19) 0.47 0.49 0.41 0.28 Senior Management with an avg. experience of 33+ years FY1
Slide 15: 2. Order Book
2. Order Book 14
Slide 16: Order Book
Order Book REMCL 1% New Orders of Turnkey 38% Consultancy Rs. 948 crore Order Book 38% during Q2FY21 (as on 30.09.2020) Exports Rs. 6661 Crore 21% Leasing 2% Pvt & Others 28% Consultancy Exports Lease Turnkey REMC Ltd Rs. 2500 Crore Rs. 1429 Crore Rs. 108 Crore Rs. 2554 Crore Rs. 70 Crore Govt & PSU
Slide 17: Major Projects Secured during Q2FY21
Major Projects Secured during Q2FY21 ₹ in Crore RITES secured more than 60 projects/contracts including enhanced scope during Q2FY21. Expected Project Scope Amount Client Completion Railway Electrification work Bhatinda-Firozpur, Gulbarga – Bidar Turnkey 474.92 Indian Railways 2023 and Udaipur -Himm
Slide 18: 3. Outlook for FY20-21
3. Outlook for FY20-21 17
Slide 19: Business Outlook
Business Outlook Further easing of restrictions 01 Impact on earnings and profits of H1FY21 due to Covid 01 affecting supply chain and travel expected soon 02 Adequate order book for execution for 2-3 years 02 Focus on execution while maintaining margins 03 Pandemic resurgence in many countries is a
Slide 20: Thank You
Thank You 19