Gayatri Projects Limited · NSE:GAYAPROJ
Gayatri Projects — Q1 FY16 Earnings Presentation
25 slides from Gayatri Projects's earnings presentation, August 2015
Slide 1: Q1 FY16 Results Presentation
Q1 FY16 Results Presentation August , 2015
Slide 2: Disclaimer
Disclaimer Some of the statements in this presentation that are not historical facts are forward looking statements. These forward-looking statements include our financial and growth projections as well as statements concerning our plans, strategies, intentions and beliefs concerning our business an
Slide 3: Index
Index Financial Highlights – Q1 FY16 Order Book Recent Business Developments Project Updates Asset-holding Subsidiaries Outlook About Us 3 Copyright 2015 Gayatri Project Ltd
Slide 4: Financial Highlights – Q1 FY16
Financial Highlights – Q1 FY16 Order Book Recent Business Developments Project Updates Asset-holding Subsidiaries Outlook About Us 4 Copyright 2015 Gayatri Project Ltd
Slide 5: Q1 FY16 Financial Performance – At a Glance
Q1 FY16 Financial Performance – At a Glance * As of August’ 14, 2015 5 Copyright 2015 Gayatri Project Ltd
Slide 6: Q1 FY16 Highlights
Q1 FY16 Highlights Figs. In crore Revenue EBITDA 500 405 70 58 342 52 50 300 30 100 10 Q1 FY15 Q1 FY16 Q1 FY15 Q1 FY16 PAT • Faster and better execution of 11 projects resulting in revenue 12 expansion 10 8 • Marginal decline in operating 6 margins due to local on-site 4 2 factors 2 0 Q1 FY15 Q1 FY1
Slide 7: M.D.'s Comments
M.D.’s Comments Commenting on the results, Mr. Sandeep Kumar Reddy, Managing Director, Gayatri Projects Limited said "We have started the year with steady growth in execution on our existing portfolio of contracts. We are seeing significant improvement in operating environment for Roads and Irrigati
Slide 8: Order Book
Financial Highlights – Q1 FY16 Order Book Recent Business Developments Project Updates Asset-holding Subsidiaries Outlook About Us 8 Copyright 2015 Gayatri Project Ltd
Slide 9: Order Book Update
Order Book Update Order Book - Details • In addition to L1 position in several contracts the company’s strong and diversified order book as of 14 August, 2015 stood at (approx.) Order Book – Break Up `6,910 crore • Earnings visibility remains strong on the back of 2% robust order book • Gradual pick
Slide 10: Recent Business Developments
Financial Highlights – Q1 FY16 Order Book Recent Business Developments Project Updates Asset-holding Subsidiaries Outlook About Us 10 Copyright 2015 Gayatri Project Ltd
Slide 11: Recent Business Developments
Recent Business Developments New EPC Road contract awarded TPCIL phase-I strong performance and phase-II grid synchronization Capital raising 11 Copyright 2015 Gayatri Project Ltd
Slide 12: Recent Business Developments
Recent Business Developments • Awarded a Rs.675 crore EPC contract by NHAI for development of six Construction lane Eastern Peripheral Expressway (NH#NE-II) in the state of Haryana Business & UP, Package VI from KM114 to KM136 • TPCIL phase-I started commercial production in 1Q2016. Since stabilizin
Slide 13: Project Updates
Financial Highlights – Q1 FY16 Order Book Recent Business Developments Project Updates Asset-holding Subsidiaries Outlook About Us 13 Copyright 2015 Gayatri Project Ltd
Slide 14: TPCIL – Nearing Completion
TPCIL – Nearing Completion Project Description 1,320 MW Thermal Power Plant • Unit 1 (660 MW) • Unit 2 (660 MW) • Unit 1 is in commercial operation • Completes grid synchronization • Operated at an average PLF of 96% in • Steam blowing completed June, 2015 after the stabilization in May • GT-2 Back
Slide 15: NCCPPL – On Track
NCCPPL – On Track Project Description 1,320 MW Thermal Power Plant • Work progressing on schedule • 1,320 MW Thermal based project being developed using super critical technology • Hopeful of commissioning the project in the next 12 months 15 Copyright 2015 Gayatri Project Ltd
Slide 16: Asset-holding Subsidiaries
Financial Highlights – Q1 FY16 Order Book Recent Business Developments Project Updates Asset-holding Subsidiaries Outlook About Us 16 Copyright 2015 Gayatri Project Ltd
Slide 17: Development of Road Assets
Development of Road Assets Portfolio Summary Concession • Gayatri Infra Ventures Ltd, a Annuity Based Projects Status GIVL COD Period Length Q1 FY16 Stake (kms) (` in crore) subsidiary of Gayatri Projects (Years) Ltd dedicated towards Gayatri Jhansi Roadways Limited PCC development of road assets 51
Slide 18: Development of Power Assets
Development of Power Assets Portfolio Summary • Incorporated in 2008, Gayatri Energy Ventures Ltd TPCIL NCCPPL is a wholly owned subsidiary of Gayatri Projects ltd, dedicated towards developing Power Assets Capacity 1,320 Mw (2x660 Mw) 1,320 Mw (2x660 Mw) Near Krishnapatnam port, Near Krishnapatnam
Slide 19: Outlook
Financial Highlights – Q1 FY16 Order Book Recent Business Developments Project Updates Asset-holding Subsidiaries Outlook About Us 19 Copyright 2015 Gayatri Project Ltd
Slide 20: Outlook
Outlook • Significant improvement in operating environment for Roads & CONSTRUCTION Irrigation sector over last a few months as new governments at both Centre and in our home states are pushing ahead • We are seeing better execution in our existing order book. A string of L1 positions in Road EPC co
Slide 21: About Us
Financial Highlights – Q1 FY16 Order Book Recent Business Developments Project Updates Asset-holding Subsidiaries Outlook About Us 21 Copyright 2015 Gayatri Project Ltd
Slide 22: About Us
About Us • Gayatri Projects Limited (Parent Company) core construction Company Company Structure • Dedicated subsidiaries to focus on Road and Power segment Gayatri Projects Ltd. Development of Road Assets: Development of Development of • GIVL, dedicated towards development of road Core Construction
Slide 23: Gayatri Projects – Construction arm
Gayatri Projects – Construction arm • Core Construction Company with a Pan India Presence • Rich DNA of almost 50 years’ experience in Project execution • Strong order book of `6,910 cr (approx.) as on 14th Aug ’15 comprising a healthy mix of both captive and external projects • Client list includes
Slide 24: Financial Performance at a Glance
Financial Performance at a Glance… Figs. In crore Sales EBITDA 300 2,022 266 1,813 1,601 208 FY13 FY14 FY15 FY13 FY14 FY15 PAT 63 48 22 FY13 FY14 FY15 24 Copyright 2015 Gayatri Project Ltd
Slide 25: For further information please contact
For further information please contact: K.G. Naidu (Vice President-Finance) Gavin Desa / Suraj Digawalekar Gayatri Projects Limited CDR India Tel: +91 40 23310330/23314284/4296 Tel: +91 22 66451237 / 66451235 Email: kgnaidu@gayatri.co.in Fax: +91 22 66451213 Email: gavin@cdr-india.com / suraj@cdr-in