Indus Towers Limited · NSE:INDUSTOWER
Indus Towers — Bharti Infratel — Shareholder Meeting (July 2017)
23 slides from Indus Towers's shareholder meeting presentation, July 2017
Slide 1: Annual General Meeting FY16-17
Annual General Meeting FY16-17 July 2017 Building and Sharing Vital Infrastructure Public
Slide 2: Contents
Contents • About us • Performance Highlights – FY2017 • In Summary 2 of 21
Slide 3: About the Company
S Y . Bharti Infratel Limited About the Company 3 of 21
Slide 4: Bharti Infratel – Who We Are?
Bharti Infratel – Who We Are? A Leading Tower Infrastructure Operator Pan India Presence across all 22 Telecommunications Circles Indus Towers – JV between Bharti Infratel, Vodafone and Aditya Birla Telecom Top 3 Operators – Anchor Customers & Relationships with all other Operators Marquee promoter
Slide 5: Our Share of Market
Our Share of Market Towers Co-locations Others Indus Others Indus ATC ATC 4.7% Towers 6.6% Towers 3.7% 3.5% GTL 37.0% GTL 31.0% 6.7% 8.0% Viom Viom 11.3% 14.8% Reliance Reliance Infratel Infratel Bharti 11.6% 11.6% Infratel Bharti 9.8% BSNL Infratel BSNL 9.9% 11.6% 18.2% Infratel + Indus: 40.8% Infr
Slide 6: A Leading Global Tower Infrastructure Operator
A Leading Global Tower Infrastructure Operator Indian Tower Companies(1) Global Listed Tower Companies(1) Sharing Factor 2.30(2) 1.00 2.2 1.74 1.63 2.4 2.4 1.9 1.7 1.6 180 160 140 71 120 Towers (‘000s) 100 80 Bharti Infratel + 42% equity interest in Indus 147 60 91 40 69 58 20 44 40 28 26 26 15 13 0
Slide 7: Bharti Infratel Overview
Bharti Infratel Overview Corporate Structure Public(1) Vodafone Providence Idea #3 Wireless Operator(3) #2 Wireless 38.35% Operator(3) 42% 100% 4.85% 61.65%(5) Bharti Infratel Indus Towers Aditya 42% 11.15% Bharti Airtel Birla 90,646 Towers(2) 122,730 Towers(2) Telecom #1 Wireless Operator(3) #2 Tow
Slide 8: Our Vision
Our Vision ‘To be the best and most innovative passive communications infrastructure provider globally’ Known for Highest uptime Speed & Quality of deployment Cost & Energy efficiencies Environment friendliness 8 of 21
Slide 9: Our Strengths
Our Strengths 1 A Leading Tower Infrastructure Operator 2 Visibility of Future Revenues Through Long Term Contracts 3 Demonstrated Operational and Financial Performance 4 Implementation of Green Initiatives 5 Experienced Management 9 of 21
Slide 10: Performance Highlights – FY2017
Performance Highlights – FY2017 10 of 21
Slide 11: Performance at a Glance: Equity consol
Performance at a Glance: Equity consol Tower Base: 90,646 YoY 2.1% growth Co-locations: 2,10,606 YoY 8.0% growth Sharing Factor: 2.32 Revenues: Rs. 6,085 Cr YoY 9.5% growth EBITDA: Rs. 2,853 Cr YoY 13.7% growth Profit: Rs. 2,747 Cr YoY 22.2% growth Dividend of INR 16 / share (12 Interim and 4 final*
Slide 12: Performance at a Glance: Proportionate consol
Performance at a Glance: Proportionate consol Tower Base: 90,646 YoY 2.1% growth Co-locations: 2,10,606 YoY 8.0% growth Sharing Factor: 2.32 Revenues: Rs. 13,424 Cr* YoY 8.9% growth EBITDA: Rs. 5,942 Cr* YoY 9.1% growth Profit: Rs. 2,747 Cr YoY 22.2% growth Dividend of INR 16 / share (12 Interim and
Slide 13: Operational Performance
Operational Performance Towers Co-locations 2.8% 90,646 8.0% 2,10,606 88,808 1,95,034 85,892 1,82,294 83,368 1,67,202 FY14 FY15 FY16 FY17 FY14 FY15 FY16 FY17 Closing Sharing Factor 2.32 2.20 2.12 2.01 Steadily growing tower and co-locations base Average Sharing Factor at 2.26 for FY17 FY14 FY15 FY16
Slide 14: Financial Performance (basis proportionate consol)
Financial Performance (basis proportionate consol) Revenues (Rs. Cr) 1 EBITDA (Rs. Cr) 1 8.1% EBITDA Margin 13,424 7,000 12.2% 5,942 47.0% 11,565 12,331 5,448 4,922 6,000 45.0% 10,611 5,000 4,211 43.0% 4,000 44.2% 44.3% 42.6% 41.0% 3,000 39.0% 2,000 39.7% 37.0% 1,000 - 35.0% FY14 FY15 FY16 FY17 FY14
Slide 15: Our Green Initiatives - P7 Energy Program
Our Green Initiatives - P7 Energy Program Institutionalized ‘Green Towers P7’ program, aimed at minimizing dependency on diesel consumption and thereby, reducing the carbon footprint Program initiated originally with seven innovative ideas deploying cleaner energy technologies; and kept growing
Slide 16: CSR at Infratel
CSR at Infratel Our CSR Vision: “To build an empowered society through education, community development and environment sustainability” Our CSR Policy focuses on promoting: 1 Education / Skill / Rural Development Satya Bharti School Program for free & quality education for underprivileged children
Slide 17: Key Recognitions
Key Recognitions Bharti Infratel has been recognized as one of Top 100 Best Companies by Great Place to Work Institute in 2016. Bharti Infratel has been recognized as the Best Infrastructure Brand of 2016, at The Economic Times Best Infrastructure Brands conference. It recognizes our exemplary track
Slide 18: In Summary
) . Bharti Infratel Limited In Summary 18 of 21
Slide 19: Company Strategy
Company Strategy Promote Tower Sharing Capitalize on opportunities of Data Organic Growth and Acquisition growth, Digital India, Smart City Opportunities Initiatives of government Achieving Cost Efficiencies Across Increasing Revenue and Capital Tower Portfolios Productivity 19 of 21
Slide 20: New opportunities for Telecom Infrastructure development under 'Smart Cities' Project
New opportunities for Telecom Infrastructure development under ‘Smart Cities’ Project Development of Smart Cities key for ‘Digital India’ Program Government has announced the creation of 100 Smart Cities Communication backbone is key to a Smart City Entails setting up of telecom infrastructure w
Slide 21: Focus on Delivering Shareholder Value
Focus on Delivering Shareholder Value Pursuit of viable value accretive inorganic growth Focused on identifying opportunities for inorganic growth that are value accretive and feasible Leverage diversified customer base to capitalize on data growth, Digital India and Smart City Stand to benefit
Slide 22: Annual General Meeting FY16-17
Annual General Meeting FY16-17 July 2017 Building and Sharing Vital Infrastructure Public
Slide 23: Glossary
Glossary Abbreviations Full forms / definitions CSR Corporate Social Responsibility DDT Dividend Distribution Tax EBITDA Earnings Before Interest, Tax, Depreciation & Amortization FCU Free Cooling Units FY Fiscal Year IND AS Indian Accounting Standard JV Joint Venture MW Mega Watt PAT Profit After T