43 slides from J. Kumar Infraprojects's earnings presentation, September 2017
Slide 1: J. Kumar Infraprojects Limited
LOREM IPSUM DOLOR J. Kumar Infraprojects Limited We dream… So we achieve… September 2017
Slide 2: Agenda
AGENDA • Company Overview • Business Strategy • Order Book • Key Highlights • Appendix A. Financial Highlights B. Major Projects Completed C. Major Projects Under Execution
Slide 3: Company Overview
Company Overview J. Kumar Infraprojects Limited, promoted by Mr. Jagdishkumar M. Gupta was incorporated in the year 1999 with an object to carry on the business as a builders, contractor or sub contractor. Our core competence and expertise is in the field of Transportation Engineering, Civil Constru
Slide 4: Business Verticals
Business Verticals Civil Piling Transportation Construction Irrigation Engineering Metro Rail (Underground & Hospital cum Medical College Earthen Dams Insitucast Piling Elevated) Railway Terminus & Station Minor Irrigation Tanks Precast Piling Flyovers, Bridges & Roads Other Civil Constructions Spil
Slide 5: Milestones
Milestones 2016 Awarded With Mumbai 2015 Metro Projects worth • Awarded with Ahmedabad Rs. 67,174 MN 2013 Metro Project worth Rs. Revenue Crossed Rs. 2,781 MN 10,000 MN • Fund raised through QIP of 2012 Rs. 4,093 MN Awarded with DMRC 2008 Project worth Rs. 14,072 Listed on BSE & NSE MN & UPRNNL Proj
Slide 6: Our Key Strengths
Our Key Strengths Operational capability in different types of Large fleet of owned machineries and infrastructure projects equipments We have wide ranging capabilities in different We have a large fleet of owned machinery and equipment infrastructure verticals including transport engineering, provi
Slide 7: Key Management Profile
Key Management Profile Mr. Jagdishkumar Gupta – Founder Promoter & Executive Chairman • Instrumental in setting up and for the growth of JKIL. Under his leadership, since its modest start in the year 1980, JKIL has expanded and grown as a Registered Class I-A construction company • His acumen has be
Slide 8: Other Board of Directors
Other Board of Directors Kusum J. Gupta • She has been associated with the company since May 2014 , and joined as ‘women director’ Director Padmanabh P. Vora • He is a Chartered Accountant by profession and has over 32 years experience in finance, banking and Independent Director management • He has
Slide 9: Key Managerial Personnel
Key Managerial Personnel Management Background He has a bachelor’s degree in civil engineering from Pune University and has over five decades of experience. S.M. Thorat He retired as a Superintendent Engineer after 37 years of service in PWD, Maharashtra, and has extensive experience in planning and
Slide 10: Key Managerial Personnel
Key Managerial Personnel Management Background He hold ASCE ( American Society of Civil Engineers ), TEE ( Certified Licensed Civil engineers of Greece ), Qatar Attestation (Attested Peter Andrikopoulos Civil Engineer by Qatar’s U.S. Embassy ) certification .he has over 35 years experience TBM Relat
Slide 11: Key Managerial Personnel
Key Managerial Personnel Management Background He holds a masters degree in geology and has over 25 years experience in soil investigation, rock anchoring, piling / micro piling, Shirish A. Kulkarni construction of diaphragm wall and rotary piling work for various types of structures. Vice President
Slide 12: Quarterly Financial Performance
Quarterly Financial Performance Turnover (Rs. in Mn) EBIDTA (Rs. in Mn) & EBITDA Margin 3,500 700 19.37% 19.60% 19.40% 3,000 600 19.20% 2,500 500 19.00% 18.80% 2,000 400 18.60% 1,500 300 18.18% 18.40% 18.20% 1,000 200 18.00% 17.80% 500 100 3,097 3,170 563 614 17.60% 0 0 17.40% Q2FY17 Q2FY18 Q2FY17 Q
Slide 13: Half Yearly Financial Performance
Half Yearly Financial Performance Turnover (Rs. in Mn) EBIDTA (Rs. in Mn) & EBITDA Margin 1400 17.96% 18.00% 8000 1200 17.90% 7000 17.80% 6000 1000 17.70% 5000 800 17.60% 4000 17.44% 17.50% 600 3000 17.40% 400 17.30% 2000 200 17.20% 1000 1243 1241 7130 6912 0 17.10% 0 H1FY17 H1FY18 H1FY17 H1FY18 PBT
Slide 14: Yearly Financial Performance (Standalone)
Yearly Financial Performance (Standalone) Turnover (Rs. in Mn) EBIDTA (Rs. in Mn) & EBITDA Margin 16,000 3,000 19.22% 19.30% 14,000 19.20% 2,500 12,000 19.10% 2,000 10,000 19.00% 8,000 1,500 18.87% 18.90% 6,000 1,000 18.80% 4,000 500 18.70% 2,000 14,086 14,375 2,658 2,764 0 0 18.60% FY16 FY17 FY16 F
Slide 15: Overview – Transport Engineering
Overview – Transport Engineering • In this business vertical, we are engaged in construction of Metro Rail (Underground & Elevated) Mono Rail, ROB’s, RUB’s, roads, flyovers, bridges, skywalks, airport runways and storm water drainage works • We have over 2 decades of experience in transport engineer
Slide 16: Overview – Piling
Overview – Piling • Piling is a specialized activity carried out with hydraulic piling rigs • We build pile foundations for buildings and flyovers, marine structures and offshore platforms • In 2007 we started a new piling division and We are one of the leading piling contractors in the country • Cu
Slide 17: Some of our Prestigious Projects…1
Some of our Prestigious Projects…1 ROB at Dahisar Flyover at Dindoshi, Mumbai Flyover at Hindmata Flyover at Dhanakwadi Bridge at Bandra -Mahim Balewadi Flyover, Pune Grade Separator, Pune Flyover at Panjarapole, Mumbai Skywalk at Bandra, Mumbai Skywalk at Cottengreen, Mumbai DMRC CC-24 Tunnel Flyov
Slide 18: Some of our Prestigious Projects…2
Some of our Prestigious Projects…2 DMRC CC-02 Kherwadi Flyover, Mumbai Mahape Flyover, Mumbai Sion-Panvel High Way Jogeshwari ROB, Mumbai Dhankawadi Flyover, Pune ESIC Hospital, Alwar Navi Mumbai Metro Flyovers being constructed across Maharashtra 18
Slide 19: Large Fleet of Owned Machinery & Equipment
Large Fleet of Owned Machinery & Equipment Sr. No. Type of Equipment No. of Units Kind & Make 1 Tunnel Boring Machine 4 Terratec We believe that ownership of 2 Hydraulic Piling Rig 42 MAIT machineries and equipment is our 3 Poclain/Excavators 27 Tata Hitachi/Komatsu key to timely completion of 4 Dum
Slide 20: Business Strategy…1
Business Strategy…1 Increasing the order book On an expansion Increasing the mode in other scope of work for states of India each order Drive Revenue Enhancing pre- Associating qualification ourselves with strengths through larger projects strategic alliances Increasing fleet of Increasing Sectoral
Slide 21: Business Strategy…2
Business Strategy…2 Focus to remain on timely execution of projects Optimum utilization of Expansion of RMC Plant and Machinery division Do not intend to Moving up the Value Growth in undertake sub- Chain Net Profit contracting work We are poised to capture the growing infrastructure market with our
Slide 22: Growth in Order Book
Growth in Order Book 120,000 100,831 100,000 86,574 80,000 In Rs. Million 60,000 40,274 40,000 33,777 30,572 20,000 0 Q2FY14 Q2FY15 Q2FY16 Q2FY17 Q2FY18 Our Company has a strong order book 22
Slide 23: Order Book Details
Order Book Details Segment Wise Break-up Sub-segment Wise Break-up Civil, 1,768 Irrigation, 759 Civil, 1,768 Road, Flyover, Irrigation, 759 11,650 10,093 Civil Flyover Civil Metro - Elevated, Irrigation Irrigation 14,359 Metro - Elevated Transportation Transportation, Metro - Metro - Underground 84,
Slide 24: Key Customers
Key Customers Transportation Engineering Civil UPRNN Construction Vidharbh Irrigation Pimpri Irrigation Bambla Canal Irrigation Development Division, Division, Corporation Yavatmal Yavatmal Piling 24
Slide 25: Risks to our Business
Risks to our Business Project Execution 1 In transportation engineering contracts, we face execution risk mainly related to delay in execution due to land acquisition problems and environmental clearances, the primary responsibility of which rests with the government Geographical Concentration 2 His
Slide 26: Key Highlights
Key Highlights Leaders of this niche segment Experienced management Operate with margins better team then the industry Large fleet of owned Increasing and diversified machineries order book Huge macro potential Reputed client base - backed by proven execution Government and Private capabilities 26
Slide 27: Appendix
APPENDIX 27
Slide 28: Financial Highlights – Balance Sheet
Financial Highlights – BALANCE SHEET In Rs. MN Balance Sheet Extracts Fiscal 2015 Fiscal 2016 Fiscal 2017 Equity Share Capital 322 378 378 Reserves and Surplus 7,666 12,539 13,512 Loan Funds 5,148 3,537 4,367 Net Fixed Assets 4,933 4,974 5,826 Non - Current Assets 6,794 8,606 7,839 Current Assets 10
Slide 29: Financial Highlights – Profit & Loss Statement
Financial Highlights – PROFIT & LOSS STATEMENT In Rs. MN Profit & Loss Fiscal 2016 Fiscal 2017 Income from 14,086 14,375 Operation Other Income 175 287 Total Income 14,261 14,662 Growth % N.A. 2.81% Operating Expenses 12,220 12,558 EBIDTA 2,658 2,764 Depreciation 512 556 EBIT 2,146 2,208 Financial C
Slide 30: Financial Highlights – Balance Sheet (consolidated)
Financial Highlights – BALANCE SHEET (consolidated) In Rs. MN Balance Sheet Extracts Fiscal 2015 Fiscal 2016 Fiscal 2017 Equity Share Capital 322 378 378 Reserves and Surplus 7,666 12,539 13,512 Loan Funds 5,148 3,584 4,367 Net Fixed Assets 4,933 4,974 5,826 Non - Current Assets 6,589 8,728 7,964 Cu
Slide 31: Financial Highlights – Profit & Loss Statement (consld.)
Financial Highlights – PROFIT & LOSS STATEMENT (consld.) In Rs. MN Profit & Loss Fiscal 2016 Fiscal 2017 Income from 15,078 15,728 Operation Other Income 183 302 Total Income 15,261 16,030 Growth % N.A. 5.04% Operating Expenses 13,248 13,895 EBIDTA 2,647 2,795 Depreciation 512 556 EBIT 2,135 2,239 F
Slide 32: Major Projects Completed - Transportation Engineering
Major Projects Completed - Transportation Engineering Work Done (Rs. Name of Work executed Client In Mn) Construction of Eastern Freeway section from Panjarapol to Chembur Mankurd Link Road KM 0/000 to MMRDA 2,938 2/500 Design and Construction of Flyover on Dr Baba Saheb Ambedkar Road, Mumbai, Mahar
Slide 33: Major Projects Completed - Transportation Engineering
Major Projects Completed - Transportation Engineering Work Done Name of Work executed Client (Rs. in Mn) W.S.-2 - Cleaning and Improvement of SWD and nallas including increasing / reconstruction in C.A.No. 206 i.e. Rajendra Nagar MCGM 491 Nalla in R/C Ward, WS-3 - do -- C.A. No. 205 i.e. Mathre Nall
Slide 34: Major Projects Completed - Transportation Engineering
Major Projects Completed - Transportation Engineering Work Done Name of Work executed Client (Rs. in Mn) Work Code No.AW 53 - Widening and improvement of various roads in P/North Ward MCGM 281 ES 8 & ES 9: Improvement of Kannawar Nagar Nalla system and training of Bombay Oxygen Nalla MCGM 266 Develo
Slide 35: Major Projects Completed – Civil Construction, Irrigation
Major Projects Completed – Civil Construction, Irrigation Major Projects Completed – Civil Construction Work Done (Rs. Name of Work executed Client in Mn) Sadbhav Modernization & computerization of Integrated Border Check Posts at 22 locations in the State of Maharashtra Engineering 299 on Build, Op
Slide 36: Major Projects Under Execution
Major Projects Under Execution Value of uncompleted Contract value Name of the Project work (Rs. in Mn) as on (Rs. in Mn) 30.09.2017 Construction of Elevated Viaduct from Vastral Gam To Apparel Park - up to Ramp Start in Reach R-1 (excluding the portions of Metro Rail Stations) including Constructio
Slide 37: Major Projects Under Execution – Contd…
Major Projects Under Execution – Contd… Value of uncompleted Contract value Name of the Project work (Rs. in Mn) as on (Rs. in Mn) 30.09.2017 Design and Construction of foot Over Bridges on Ghodbunder Road at various locations in TMC Limits, Lumpsum 178.34 108.03 Construction of Karalphata interchan
Slide 38: Major Projects Under Execution – Contd…
Major Projects Under Execution – Contd… Contract value Value of uncompleted work Name of the Project (Rs. in Mn) (Rs. in Mn) as on 30.09.2017 Construction of Six Lane Bridge across Ulhas creek on proposed Motagaon- Mankoli Road on Contractor’s own design and Lump sum basis in the State of Maharashtr
Slide 39: Major Projects Under Execution – Contd…
Major Projects Under Execution – Contd… Contract value Value of uncompleted work Name of the Project (Rs. in Mn) (Rs. in Mn) as on 30.09.2017 Piling Work - 212.71 Construction of Pre-cast Arch Bridges 3 Nos on Holding pond 3A 3 &4 for connectivity of coastal road at Dronagiri, Navi Mumbai. 752.90 65
Slide 40: Major Projects Under Execution – Contd…
Major Projects Under Execution – Contd… Contract value Value of uncompleted work Name of the Project (Rs. in Mn) (Rs. in Mn) as on 30.09.2017 Improvement of Side Strips of S.V. Road in Mastic Asphalt in H/West & K/West Wards in Western Suburbs (W-276) 638.70 386.80 Improvement of Side Strips of Link
Slide 41: Disclaimer
Disclaimer This Information Package is distributed by J. Kumar Infraprojects Ltd. on a strictly confidential basis for information only. This Information Package and the information and projections contained herein may not be disclosed, reproduced or used in whole or in part for any purpose whatsoev
Slide 42: Contact details
Mr. Arvind Gupta (Chief Financial Officer) J. Kumar Infraprojects Ltd. Ph: +91-22-67743555 Email: arvind.gupta@jkumar.com Mr. Parin Narichania / Ms. Ruchi Bhadra Concept Investor Relations Mo: +91 9930025733 / 9867637838 Email: parin@conceptir.com / ruchi.bhadra@conceptpr.com 42
Slide 43: Thank You
THANK YOU