Kalpataru Projects International Limited · NSE:KPIL
Kalpataru Projects International — Kalpataru Power Transmission — Q1 FY21 Earnings Presentation
18 slides from Kalpataru Projects International's earnings presentation, Aug 12, 2020
Slide 1: Covering letter to stock exchanges
KPTL/20-21 August 12, 2020 BSE Limited National Stock Exchange of India Ltd. Corporate Relationship Department ‘Exchange Plaza’, C-1, Phiroze Jeejeebhoy Towers Block ‘G’, Bandra-Kurla Complex Dalal Street, Fort Bandra (E) MUMBAI - 400 001. MUMBAI – 400 051. Script Code: 522287 Script Code: KALPATPOW
Slide 2: Analyst Presentation - Q1 FY21 Results
Kalpataru Power Transmission Limited Analyst Presentation - Q1 FY21 Results
Slide 3: Disclaimer
Disclaimer This presentation may include statements which may constitute forward-looking statements. All statements that address expectations or projections about the future, including, but not limited to, statements about the strategy for growth, business development, market position, expenditures
Slide 4: Table of content
Table of content Business Update & Outlook 04 Key Financial Highlights 05 KPTL (Standalone) – Financial Highlights 06 KPTL Order Book Details 07 JMC (Standalone) - Financial Highlights 08 JMC Order Book Details 09 KPTL (Consolidated) – Financial Highlights 10 JMC (Consolidated) – Fin
Slide 5: Business Update & Outlook
Business Update & Outlook • Emergence of nation-wide lockdown and restrictions on movement of people and vehicles impacted financial performance for KPTL and JMC in Q1FY21 • Construction activity has resumed on almost all sites in KPTL and JMC Business • Site and labor productivity touched at around
Slide 6: Key Financial Highlights – Q1FY21
Key Financial Highlights – Q1FY21 Kalpataru Power Transmission Limited (Standalone) JMC Projects Ltd. (Standalone) Y-o-Y Change Revenue EBIDTA PBT PAT Revenue EBIDTA PBT PAT Q1FY21 Q1FY21 (Core) (Core) 12% 19% 29% 24% 48% 72% 163% 161% (Rs Crores) (Rs Crores) Q1FY21 1,459 156 101 69 Q1FY21 470 28 (3
Slide 7: KPTL (Standalone) - Financial Highlights – Q1FY21
KPTL (Standalone) - Financial Highlights – Q1FY21 (Amount in Rs Crores) Particulars Q1 FY20 Q1 FY21 YoY Growth Revenue 1,655 1,459 -12% Core EBIDTA (excl. other income) 192 156 -19% Finance Cost* 34 35 3% PBT 142 101 -29% PAT 92 69 -24% Core EBIDTA Margin 11.6% 10.7% -90 bps PBT Margin 8.6% 6.9% -17
Slide 8: KPTL - Order Book Profile – Q1FY21
KPTL - Order Book Profile* – Q1FY21 Order Inflow YTDFY21: Rs 2,470 Crs (Q1FY21 = Rs 1,866 Crs) 29% 71% 13% 46% 24% T&D - Domestic T&D - International Order Book 30 June 20: 17% Rs 13,522 Crs T&D - International Oil & Gas Railways T&D - Domestic Received New Orders of Rs.604 Crs till date in Q2FY21;
Slide 9: JMC (Standalone) - Financial Highlights – Q1FY21
JMC (Standalone) - Financial Highlights – Q1FY21 (Amount in Rs Crores) Particulars Q1 FY20 Q1 FY21 YoY Growth Revenue 904 470 -48% Core EBIDTA (excl. other income) 100 28 -72% Finance Cost 30 29 -6% PBT 48 (30) -163% PAT 36 (22) -161% Core EBIDTA Margin 11.1% 5.9% -520 bps PBT Margin 5.4% -6.5% - PA
Slide 10: JMC - Order Book Profile – Q1FY21
JMC - Order Book Profile – Q1FY21 Order Inflow YTDFY21: Rs 3,432 Crs (Q1FY21 = Rs 2,069 Crs) 38% 62% 11% 38% B&F Infrastructure Order Book 47% 30 June 20: 4% Rs 11,412 Crs B&F - Govt B&F - Private Industrial Infrastructure Received New Orders of Rs.1,363 Crs till date in Q2FY21; L1 of around Rs.1,70
Slide 11: KPTL (Consolidated) - Financial Highlights – Q1FY21
KPTL (Consolidated) - Financial Highlights – Q1FY21 (Amount in Rs Crores) Particulars Q1 FY20 Q1 FY21 YoY Growth Revenue 2,771 2,330 -16% Core EBIDTA (excl. other income) 358 269 -25% Finance Cost 122 124 2% 168 54 -68% PBT 107 28 -74% PAT 12.9% 11.5% -140 bps Core EBIDTA Margin 6.1% 2.3% -380 bps P
Slide 12: JMC (Consolidated) - Financial Highlights – Q1FY21
JMC (Consolidated) - Financial Highlights – Q1FY21 (Amount in Rs Crores) Particulars Q1 FY20 Q1 FY21 YoY Growth Revenue 947 498 -47% Core EBIDTA (excl. other income) 127 36 -72% Finance Cost 65 62 -5% PBT 32 (62) -295% PAT 21 (52) -353% Core EBIDTA Margin 13.4% 7.2% -620 bps PBT Margin 3.4% -12.4% -
Slide 13: Break-up of Consolidated Financials – Q1FY21
Break-up of Consolidated Financials – Q1FY21 (Amount in Rs Crores) Developmental Assets EPC Others (BOOT/BOOM) Particulars TOTAL Other Subsidiaries KPTL JMC SSL & Inter Company T&D Roads Eliminations * Revenue 1,459 470 41 28 33 299 2,330 Core EBIDTA 156 28 40 8 11 26 269 Finance Cost 35 29 22 33 9
Slide 14: Order Book Profile – Consolidated - Q1FY21
Order Book Profile – Consolidated - Q1FY21 Order Inflow YTDFY20: Rs 5,902 Crs Order Book 30 June 20: Rs 24,934 Crs 22% 2% 18% 32% 42% 9% 13% 36% 26% T&D B&F Civil Infra T&D B&F Railways Oil & Gas Civil Infra Industrial Order Inflow DOMESTIC 73% Q1FY21: Rs 3,935 Crs INTERNATIONAL 27% Q2FY21 till date
Slide 15: Key Developments
Key Developments Entered into agreement with India Grid Trust to sell Jhajjar KT Transco Private Limited (JKTPL) for estimated enterprise value of Rs.310 crore; Closure expected in 2HFY21* Signed definitive agreements to sell Alipurduar Transmission Limited (ATL) to Adani Transmission Limited fo
Slide 16: SSL - Financial Highlights – Q1FY21
SSL - Financial Highlights – Q1FY21 (Amount in Rs Crores) Particulars Q1 FY20 Q1 FY21 YoY Growth Revenue 32.7 32.6 0% Core EBIDTA (excl. other income) 10.6 11.2 6% Finance Cost 10.6 8.8 -17% PBT (2.0) 0.2 - PAT (1.7) 0.2 - Core EBIDTA Margin 32.4% 34.4% +200 bps PBT Margin -6.2% 0.5% - PAT Margin -5
Slide 17: JMC - Update on Road BOT Assets – Q1FY21
JMC - Update on Road BOT Assets – Q1FY21 Average Per Day Collections (Rs Lakhs) – JMC Share Kurukshetra Brij Bhoomi Wainganga Vindhyachal Period Total Expressway Pvt Ltd.* Expressway Pvt Ltd. Expressway Pvt Ltd. Expressway Pvt Ltd. Q1FY19 14.1 8.8 14.9 17.4 55.2 Q2FY19 12.6 8.2 13.5 15.2 49.5 Q3FY19
Slide 18: Thank You
Thank You Contact Registered: Plot No. 101, Part-III, GIDC Estate, Sector -28, Gandhinagar-382028, Gujarat, India. Corporate Office: 7th Floor, Kalpataru Synergy, Opp. Grand Hyatt, Vakola, Santacruz (E), Mumbai 400055. India Phone: +91 22 3064 3000 Email: investorrelations@kalpatarupower.com
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