Kridhan Infra Limited · NSE:KRIDHANINF
Kridhan Infra — Investor Presentation (June 2015)
27 slides from Kridhan Infra's investor presentation, June 2015
Slide 1: Kridhan Infra Limited – Building Reliable Foundations for Tomorrow
Building Reliable Kridhan Infra Limited Foundations for Tomorrow Investor Presentation June 2015
Slide 2: Disclaimer
Disclaimer This presentation contains forward-looking statements which may be identified by their use of words like “plans,” “expects,” “will,” “anticipates,” “believes,” “intends,” “projects,” “estimates” or other words of similar meaning. All statements that address expectations or projections abo
Slide 3: Contents
Contents 1 About Kridhan Infra 2 Key Business Strengths 3 Growth Strategy 4 Financial Highlights Kridhan Infra Limited 3
Slide 4: About Kridhan Infra
About Kridhan Infra Piling work at Steel Complex, Maharashtra 4
Slide 5: Kridhan – At a glance
Kridhan – At a glance § Leading Foundation Engineering Company - Singapore’s 2nd largest Foundation and Geotechnical Engineering company § KH Foges, Subsidiary of Kridhan provides timely, quality and high value added services to the Infrastructure, building and construction industry § Since 2011,
Slide 6: Evolved with successful acquisitions...
Evolved with successful acquisitions... • Acquired PSL • Acquired 35% Engineering, stake in Econ Geo Singapore – Tech Pte. Ltd, specialists in Singapore, a soil • Started • IPO and Bored & Micro manufacturing listing on investigation piling; expansion company; unit at Khopoli, BSE stock of product b
Slide 7: Corporate structure
Corporate structure Kridhan Infra Ltd (India) • Steel Solution & Mechanical Splicing 100% 100% RMS Singapore Pte Ltd Kridhan Infra Solutions (Singapore) Pvt Ltd (India) 90% KH Foges Pte Ltd (Singapore) 100% 100% 100% 35% KH Foges PSL Engineering Econ Geotech KH Foges India Geotechnics Pte Ltd Pte Lt
Slide 8: Business segments
Business segments Founda'on Engineering & Geotechnical Works Steel products & Services • Bored Cast-‐in-‐Place • S'rrups Concrete Piles • Prefabricated Steel Cages • Con'guous Bored and • Steel Couplers Secant Pile Walls • Reinforced Bars – Cut & • Driven Piles Bend • Soldier Piles/King Posts • Mi
Slide 9: Foundation & Geotechnical Engineering business – presence across the value chain
Foundation & Geotechnical Engineering business – presence across the value chain Bored Piling § Used for the construction of large buildings; higher than 10 storeys § Process is a deeper drilling for strong building foundation § Ideal for very dense and hard ground conditions § Typically large p
Slide 10: Key Business Strengths
Key Business Strengths Gomti River Project, Uttar Pradesh 10
Slide 11: Key competitive advantages
Key competitive advantages § Presence in 5 countries with capacity and global reach to tackle large and demanding Established projects leadership in FE § 2nd largest player in FE in Singapore with ~10% market share; executed over 250 projects space § Successful ramp up outside Singapore bagging p
Slide 12: Experienced leadership team...
Experienced leadership team... Anil Dhanpatlal Agrawal, Siang Thong Yeo Managing Director Chief Executive Officer, KH Foges Pte • Founding member in 2006 • Over 20 years of experience in the • Over 15 years of experience in steel and construction industry infrastructure industry • Led large construc
Slide 13: .... Strengthened with addition of Indian industry experts
.... Strengthened with addition of Indian industry experts Ravindra Havaldar Bala Narasimhan President, Foundation Engineering, India General Manager, KH Foges India • BE (Civil) with 42 years of rich experience • Post graduate in Construction in tendering, sales & marketing, project Management from
Slide 14: Blue chip customers across entire spectrum of construction
Blue chip customers across entire spectrum of construction Transport Residential Leisure Commercial Infrastructure Public Works Kridhan Infra Limited 14
Slide 15: Growth Strategy
Growth Strategy Private Condo Housing Project, Singapore 15
Slide 16: Growth trajectory
Growth trajectory We were (2011) Action taken We are (2015) We will (2018) Specialist in Faster realisation Foundation & of changing market Engineering Capitalise on scenario Business; 2nd Infrastructure & largest in construction Acquisition of KH Singapore opportunity in India Readymade Steel – Fog
Slide 17: Capitalize on infrastructure & construction opportunity in India
Capitalize on infrastructure & construction opportunity in India Metro & Railways Ports Industrial Projects River Projects • Pile foundation work, soil • Dredging, construction of • Foundation work for • Dredging, construction of investigation daipharm walls industrial projects daipharm walls for ch
Slide 18: Started making inroads in India…
Started making inroads in India… § Piling work at Steel Complex in Maharashtra § Beatification & channelization of River Gomati at Lucknow, Uttar Pradesh § Piling work for ITC Food Factory from Tata Projects § Order for Metro Project in Noida … with Rs 85 crores order intake in first year Kridha
Slide 19: Financial Highlights
Financial Highlights Metro Station, Singapore 19
Slide 20: Consolidated profitability highlights FY15
Consolidated profitability highlights FY15 Rs crores FY15 FY14 Y-o-Y § Revenue decline mainly on account of Revenue from Operations 600.6 679.9 -11.7% Consolidation in Singapore Construction Trading revenue 51.2 0.0 - market & Foreign Currency impact Total Revenue 651.7 679.9 -4.1% § Expect our co
Slide 21: Consolidated revenue break-up FY15
Consolidated revenue break-up FY15 Rs Crores As per Businesses As per Geographies Foundation Engineering Steel Solutions Trading Singapore India - FE India - Steel Others 51.2 51.2 8% 8% 50.4 50.4 8% 8% 3.4 0% 550.1 546.8 84% 84% Kridhan Infra Limited 21
Slide 22: Successful acquisitions drove revenue growth….
Successful acquisitions drove revenue growth…. Rs Crore § FY13 revenues include full year impact of acquisition of KH Foges Singapore in FY12 680 651 § Acquired PSL 469 Engineering in FY13 which further bolstered revenues 77 in FY14 FY12 FY13 FY14 FY15 Kridhan Infra Limited 22
Slide 23: … as well as EBITDA growth
… as well as EBITDA growth Rs Crore 8.3% 11.4% 10.9% 11.0% 74.0 67.1 53.5 6.5 FY12 FY13 FY14 FY15 Kridhan Infra Limited 23
Slide 24: Value accretive acquisitions….
Value accretive acquisitions…. Rs Crores Networth Debt Acquisition Working Capital Term Loan 70.7 73.2 60.8 153 127 16.8 45.2 76.1 75 51 6.6 32.5 9.7 15.0 5.0 March, 12 March, 13 March, 14 March, 15 March, 12 March, 13 March, 14 March, 15 ….funded by debt and internal accruals Kridhan Infra Limited
Slide 25: Consolidated balance sheet
Consolidated balance sheet Rs Crore Mar-15 Mar-14 INR Crore Mar-15 Mar-14 Share capital 13.6 12.3 Non-current assets 286.3 283.2 Reserves & Surplus 139.4 114.2 Fixed assets 193.0 196.2 Share Application Money 3.9 4.1 Goodwill on consolidation 22.5 17.9 Minority Interest 14.5 17.4 Non-current Investm
Slide 26: Current order backlog of Rs. 570 cr
Current order backlog of Rs. 570 cr Rs Crores As per Businesses As per Geographies F&E - KH Singapore F&E - KH India Steel Solutions Singapore India 105.0 18% 188.0 33% 83.0 15% 382.0 382.0 67% 67% Kridhan Infra Limited 26
Slide 27: For further information, please contact:
For further information, please contact: Company : Investor Rela:ons Advisors : Kridhan Infra Ltd. Stellar IR Advisors Pvt. Ltd. CIN: L27100MH2006PLC160602 CIN: U74900MH2014PTC259212 Binal Khosla Savli Mangle / Pooja Dokania cs@kridhan.com msavli@stellar-‐ir.com / dpooja@stellar-‐ir.com www.kridha