Supreme Infrastructure India Limited · NSE:SUPREMEINF
Supreme Infrastructure India — Q2 FY14 Earnings Presentation
20 slides from Supreme Infrastructure India's earnings presentation, November 2013
Slide 1: Second Quarter FY13-14 Results Investor Update
SUPREME INFRASTRUCTURE INDIA LTD. Second Quarter FY13-14 Results Investor Update, November – 2013
Slide 2: Discussion Outline
Discussion Outline Result Highlights Q2 FY14 Results - Financial snapshot Order book analysis Major on-going projects BOT portfolio Update Annexure 2013 Supreme Infrastructure India Ltd.
Slide 3: Q2 FY14 – Result Highlights
Q2 FY14 – Result Highlights EPC STANDALONE HIGHLIGHTS - INCOME (Rs. Mn) EBIDTA (Rs. Mn) PAT (Rs. Mn) 4000 700 250 3470.9 -10.2% 607.3 -14.2% 3500 600 194.1 3115.5 521.2 200 -54.7% 3000 500 150 2500 400 87.9 100 2000 300 200 50 1500 1000 100 0 Q2 FY13 Q2 FY14 Q2 FY13 Q2 FY14 Q2 FY13 Q2 FY14 TOTAL ORD
Slide 4: Q2 FY14 – Result - Financials
Q2 FY14 – Result - Financials Particulars Q2 FY14 Q2 FY13 YoY % Q1 FY14 QoQ % Income 3115.5 3470.9 -10.24% 4414.7 -29.43% Expenditure 2594.3 2863.6 -9.40% 3694.5 -29.78% EBITDA 521.2 611.5 -14.77% 730.8 -28.68% EBITDA% 16.7% 17.5% 16.3% Depreciation 90.7 78.9 14.96% 87.0 4.25% PBIT 430.5 532.6 -19.1
Slide 5: Q2 FY14 – Result - Update
Q2 FY14 – Result - Update • Revenue have declined by 10.2% from Rs. 3,470.9 mn in Q2 FY13 to Rs.3,115.5 mn in Q2 FY14 on a YoY basis mainly due to - • Slow Execution Progress in most of the projects due to the extended Monsoon during the months of August & September. •EBIDTA declined by 14.7% from R
Slide 6: Order book – 30th September, 2013
Order book – 30th September, 2013 Q2 FY14 Q2 FY14 Segmental Breakup Value of Order Book Confirmed L1 Total Order order additions Bridges additions 4% Roads BOT Roads BOT 14,112 830 14,942 - 23% Building Roads Cash Contract 8,136 - 8,136 1 3,180 47% Bridges 2,534 - 2,534 - - Roads Cash Railways 858 -
Slide 7: Order book Analysis
Order book Analysis Geographical Breakup BOT vs. EPC Orders East India BOT 20% 23% North India 49% West India EPC 31% 77% Confirmed Vs. L1 Orders Govt. Vs. Non Govt. Orders Non L1 Orders Governme 19% nt 19% Confirmed Orders Governme 81% nt 81% 7 2013 Supreme Infrastructure India Ltd.
Slide 8: BOT Portfolio - Growth Strategy
BOT Portfolio - Growth Strategy • Strategy to be EPC focussed – SIIL is an EPC focused infrastructure company. The company would look to securitize the BOT portfolio as and when required to manage its debt levels. SIIL has demonstrated the same by selling 49% stake in 3 BOT projects to 3i infrastruc
Slide 9: BOT Portfolio Sept-13 : OPERATIONAL
BOT Portfolio Sept-13 : OPERATIONAL Particulars MWB NK PNM KB Project Cost 5,540 2,340 930 3,014 Equity Stake 74% 51% 100% 10% 3i stake - 49% - - Economic Interest 100% 100% 100% 10% Sanctioned Debt 3,942 1,750 650 - Debt outstanding 3,450 1,560 630 - Supreme Equity (incl.3i) 1,597 590 280 100 Equit
Slide 10: BOT Toll Collection Update – Operational Projects
BOT Toll Collection Update – Operational Projects Total Toll Collected Avg. Daily Toll Collected % Change % Change Q2 FY14 Q1 FY14 Q2 FY14 Q1 FY14 QoQ QoQ MWB 152 135 12.6 1.65 1.5 10% NK 109 110 - 1.2 1.2 - PNM 31 32 - 0.3 0.3 - Total 292 277 3.20 3.05 2 350 5.4 % 292 1.65 300 277 1.5 31 250 32 1.2
Slide 11: BOT Portfolio Sept-13 : Under Construction
BOT Portfolio Sept-13 : Under Construction Particulars PI JRR AKT SS HM KM Project Cost 12,060 10,450 5,400 3,300 800 1,080 Equity Stake 64% 50% 51% 46% 98% 74% 3i Stake - - 49% 44% - - Economic Interest 90% 50% 100% 90% 100 % 74% Sanctioned Debt 9,000 7,900 4,050 2,475 500 810 Debt outstanding 4,31
Slide 12: Annexure
Annexure 2013 Supreme Infrastructure India Ltd.
Slide 13: Financial Snapshot – Standalone Balance Sheet
Financial Snapshot – Standalone Balance Sheet Particulars H1 FY 14 FY 13 Particulars H1 FY 14 FY 13 EQUITIES & LIABILITIES ASSETS Shareholder Funds Non Current Assets (A) Equity Share Capital 192 192.4 (A) Fixed Assets 2,922.6 3,067.5 (B) NCRPS* 0 (B) Non-Current Investments 2,387.7 2,227.9 (C) Rese
Slide 14: Group and Shareholding Structure
Group and Shareholding Structure Public & Others Promoters Institutions BOT PORTFOLIO SNAPSHOT 22.8% 57.9% 19.3% 1. BOT Portfolio of 10 BOT Projects – Currently 4 projects operational – Supreme Infrastructure India Kasheli Bridge, Ahmednagar Ltd. Kopargaon, Patiala Nabha Malerkotla, and Manor Wada B
Slide 15: About Us - Shareholding as at 30th Sept, 2013
About Us - Shareholding as at 30th Sept, 2013 Category Sept-13 Jun-13 Mar-13 Promoters 57.90% 57.81% 57.37% Public FII 12.93% 12.77% 12.77% 22.78% DII 6.39% 6.47% 6.50% DII Promoters 6.39% 57.90% Public 22.78% 22.95% 23.36% FII Total 100% 100% 100% 12.93% Equity Capital (no. of shares) 16.74mn 16.74
Slide 16: Supreme Infrastructure - Key Differentiators
Supreme Infrastructure - Key Differentiators Margin • Above-industry EBIDTA margin at 15-16% due to backward integrated EPC model coupled with cluster-led execution through owned quarries, crusher plants, RMC and wet mix plants. Leadership • More than 90% of the order book in states where captive ra
Slide 17: Major Clientele
Major Clientele Airports Authority NHAI Punjab PWD of India MMRDA BMC Indian Mumbai JDA PWD MSEDCL* Railways Port Trust Ramprastha CPWD Vodafone DSIIDC Rolta * Maharashtra State Electricity Distribution Co. Ltd 17 2013 Supreme Infrastructure India Ltd.
Slide 18: Financial Summary - Standalone
Financial Summary - Standalone INCOME EBITDA PAT FY09-13 CAGR – 51% FY09-13 CAGR – 46% FY09-13 CAGR – 42% MARGIN ANALYSIS (%) RETURN METRICS (%)^^ All figures in Rs. Mn, unless otherwise mentioned. ^^ Based on Average Net worth, Capital Employed 18 2013 Supreme Infrastructure India Ltd.
Slide 19: Disclaimer
Disclaimer This presentation has been prepared by Supreme Infrastructure India Limited (“SIIL”) for informational purposes only and does not constitute or form any part of any offer, invitation or recommendation to purchase or subscribe for any securities. The information contained in this presentat
Slide 20: Thank You
Thank You For further details please contact : Vatsal Gupta Ammeet Sabarwal Supreme Infrastructure India Ltd. Dickenson Seagull IR Contact No: 022 61289700 Contact No : +91 9819576873 Email: vatsalg@supremeinfra.com Email : ammeet.sabarwal@dickensonir.com 20 2013 Supreme Infrastructure India Ltd.
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