Ashoka Buildcon Limited · NSE:ASHOKA
Ashoka Buildcon — Q1 FY21 Earnings Presentation
17 slides from Ashoka Buildcon's earnings presentation, Aug 12, 2020
Slide 1: Result Update Presentation covering letter to stock exchanges
ASHOKA Ashoka Buildcon Limited To, To, The Manager, The Manager, The Department of Corporate Services The Listing Department BSE Limited National Stock Exchange of India Limited Floor 25, P. i. Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Mumbai —400 001 Bandra (East), Mumbal —400 051
Slide 2: Developing Infrastructure for Better Tomorrow - Result Update Presentation Q1FY21
Developing Infrastructure for Better Tomorrow Developing Infrastructure for Better Tomorrow RESULT UPDATE RESULT UPDATE PRESENTATION | Q1FY21 PRESENTATION | Q3FY19
Slide 3: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Ashoka Buildcon Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securi
Slide 4: Business Impact- Q1FY21: An Unprecedented Quarter
Business Impact- Q1FY21: An Unprecedented Quarter Revenue (Rs Mn) In Q1FY21, Business Operation was impacted due to disruption caused by Covid-19. During this period, the Company’s key focus has been on resumption of business operation, ensuring employees safety, stringent cost control measure and m
Slide 5: Standalone Profitability Highlights (as per IND-AS)
Standalone Profitability Highlights (as per IND-AS) Rs mn Q1 FY21 Q1 FY20 Y-o-Y(%) Q4 FY20 Q-o-Q(%) Total Income from Operations 5,724 8,768 12,548 Other Income 483 342 346 Revenue 6,207 9,110 -31.9% 12,893 -51.9% Operating Expenses 4,905 7,673 10,258 EBITDA 1,302 1,437 -9.4% 2,635 -50.6% EBITDA mar
Slide 6: Consolidated Profitability Highlights (as per IND-AS)
Consolidated Profitability Highlights (as per IND-AS) Rs mn Q1 FY21 Q1 FY20 Y-o-Y(%) Q4 FY20 Q-o-Q(%) Total Income from Operations 7,613 11,681 15,842 Other Income 312 187 249 REVENUE 7,925 11,868 -33.2% 16,091 -50.7% Operating Expenses 5,141 8,133 11,104 EBITDA 2,784 3,735 -25.5% 4,987 -44.2% EBITD
Slide 7: Debt Profile as of June 2020
Debt Profile as of June 2020 Consolidated Debt (Rs. Mn) Consolidated Cash & Bank Balance (Rs. Mn) Project Debt incl. ACL NCD Standalone Debt Standalone Cash & Bank Balace 58,810 57,581 55,807 5,146 7,544 3,996 2,385 5,059 53,664 53,585 53,422 3,228 2,911 1,795 496 Dec'19 Mar'20 Jun'20 Dec'19 Mar'20
Slide 8: EPC Business Highlights
ASHOKA EPC BUSINESS HIGHLIGHTS
Slide 9: EPC order backlog of Rs. 86.2 bn, 2.1x FY20 Revenue
EPC order backlog of Rs. 86.2 bn, 2.1x FY20 Revenue Order backlog of Rs 86.2 bn as on 30th June, 2020 Segment Rs. Mn Segment Rs. Mn Roads 69,229 Others 16,939 HAM 46,798 HAM: Khrar - Ludhiana, Punjab 1,960 Power T&D & Others 7,686 HAM: Anandpuram 1,593 Maharashtra 227 HAM: Vadodara Kim, Gujarat 3,39
Slide 10: Order Book- Break-up (As on June 30, 2020)
Order Book- Break-up (As on June 30, 2020) Robust Order Book Order Book Break-up (%) 0.7% 83,792 86,168 10.1% 81,683 80,924 74,855 8.9% 54.3% 26.0% Jun'19 Sep'19 Dec'19 Mar'20 Jun'20 Road HAM Road EPC Power T&D & Others Railways CGD Figures in Rs Mn 9
Slide 11: EPC business financial performance
EPC business financial performance Figures in Rs Mn Revenue# EBITDA and EBITDA Margin 15% 15% 16% 18% 21% 39,363 40,824 7,306 6,309 25,461 20,852 3,912 3,146 6,207 1,302 FY17 FY18 FY19 FY20 Q1FY21 FY17 FY18 FY19 FY20 Q1FY21 PAT and PAT Margin Order Book 8% 9% 7% 9% 11% 83,940 83,792 86,168 70,047 3,
Slide 12: Development Business
ASHOKA DEVELOPMENT BUSINESS
Slide 13: Gross toll collection
Gross toll collection (Rs. Mn) Q1 FY 21^ Q1 FY 20 Y-o-Y (%) Q4 FY 20* Q-o-Q (%) ACL BOT Projects Belgaum Dharwad 117.6 236.8 -50.3% 226.2 -48.0% Dhankuni - Kharagpur 536.2 904.5 -40.7% 878.6 -39.0% Bhandara 117.2 174.3 -32.8% 182.4 -35.8% Durg 130.6 198.3 -34.1% 200.7 -34.9% Jaora - Nayagaon 225.3 4
Slide 14: Toll collection: ACL projects
Toll collection: ACL projects Figures in Rs Mn Company Ashoka Belgaum Dharwad Tollway Ltd. Company Ashoka Dhankuni Karagpur Tollway Ltd. Rs. Million Rs. Million Project Belgaum Dharwad Project Project Dhankuni Karagpur Project Period 2018-19 2019-20 2020-21 % rise Period 2018-19 2019-20 2020-21 % ri
Slide 15: Toll collection: ACL projects
Toll collection: ACL projects Figures in Rs Mn Company Jaora - Nayagaon Toll Road Company Pvt Ltd. Rs. Million Project Jaora – Nayagaon Road Project Period 2018-19 2019-20 2020-21 % rise April-June 516.4 459.8 225.3 -51.0% July-Sept 516.4 432.4 - - Oct-Dec 497.4 438.6 - - Jan-Mar 489.7 423.5 - - 2,0
Slide 16: Toll collection: ABL owned projects
Toll collection: ABL owned projects Figures in Rs Mn Company Abhijeet Ashoka Infrastructure Pvt. Ltd. Ashoka DSC Katni Bypass Road Ltd. Project Wainganga Bridge Katni Road Project Period 2018-19 2019-20 2020-21 % rise 2018-19 2019-20 2020-21 % rise April-June 74.7 76.5 48.74 -36.3% 58.1 59.9 46.6 -2
Slide 17: For further information, please contact:
For further information, please contact: Company : Investor Relations Advisors : Ashoka Buildcon Ltd. Stellar IR Advisors Pvt. Ltd. Mr. Paresh Mehta Mr. Gaurang Vasani / Ms. Hina Agarwal paresh.mehta@ashokabuildcon.com vgaurang@stellar-ir.com / hina@stellar-ir.com CIN : L45200MH1993PLC071970 CIN : U