Slide 1: Investor Presentation filing letter to stock exchanges
Ref : CIL/STEX 30/Q1FY20 Date : August 08, 2019 To The Secretary, The Secretary, BSE Limited National Stock Exchange of India Limited Corporate relation Dept, Plot No. C/1, G Block, P.J. Towers, Bandra Kurla Complex Dalal Street, Fort, Bandra (East) Mumbai-400 001 Mumbai-400 051 Scrip Code – /Scrip
Slide 2: Capacit'e Infraprojects Ltd. Investor Presentation Q1 FY20
Capacit'e Infraprojects Ltd. Investor Presentation Q1 FY20 1
Slide 3: Safe Harbor
2 Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Capacit'e Infraprojects Ltd. (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for an
Slide 4: Q1 FY20 Standalone Performance
Q1 FY20 Standalone Performance Lodha, The Park - Mumbai, MMR
Slide 5: Q1 FY20 Performance Highlights
4 Q1 FY20 Performance Highlights Standalone Financials Total Income EBITDA EBITDA Margins PAT 418 Crores 2.6% YoY 76 Crores 17.8% YoY % 18.3% 240 Bps 24 Crores 4.8% YoY Cash PAT Order Book Order Inflow 50 Crores 13.5% ~7,018 Crores ~ 724 Crores YoY (Private + Public) Ex. MHADA The Net Working Capita
Slide 6: Our Order Book Status
5 Our Order Book Status Private Sector MHADA 01 02 Public Sector 03 (under an Integrated SPV) ₹ 6,113 Crores ₹ 905 Crores ₹ 4,355 Crores Total Order Inflow during Q1 FY20 was ₹ 724 Crores Added New marquee names to the clientele: Raymond Limited, K Raheja Corp & Alyssum Developers (Market City) CAPA
Slide 7: Order Book Details
6 Order Book Details (₹ In Crs) Order Backlog Project Split Category wise split 7,177 7,018 5,682 4,289 2,266 2,805 1,693 Other Buildings High Rises & Commercial & Institutional 25% Super High Rises FY14 FY15 FY16 FY17 FY18 FY19 Q1 FY20 32% 42% (₹ In Crs) Order Inflow 1,807 1,822 1,515 931 742 33% 6
Slide 8: Top Quality Clientele – Testimony of our Execution capabilities
7 Top Quality Clientele – Testimony of our Execution capabilities Top Client Groups constitute 80% of the Total Order Book The Oberoi Group Furien Engineering Construction The Piramal Group The Purvankara Group MCGM- Health Infrastructure Cell The Brigade Group The Kalpataru Group Alyssum Developers
Slide 9: Key Delivered / Virtually Completed Marquee Projects
8 Key Delivered / Virtually Completed Marquee Projects Lodha – Splendora Sir Ganga Ram Hospital – MLCP* Hiranandani – The Walk Bharti Land – Worldmark T-Series – Corporate Office Sattava Group – Sattva Salarpuria Cadenza Lodha – The Park Sattava Group – Salarpuria Symphony Wadhwa – W54 Ozone – Urban
Slide 10: Sustainable growth in the face of challenges
9 Sustainable growth in the face of challenges Challenges faced by the Industry Demonetization (Q3FY17) RERA (Q1FY18) & GST (Q2FY18) NBFC Crisis (Q3FY19) FY16-17 FY17-18 FY18-19 Capacit'e Approach Action Outcome Action Outcome Action Outcome 34% Top Line growth & 23% Focus on Client Focus on Client
Slide 11: Q1 FY20 - Key Standalone Financial Highlights
10 Q1 FY20 - Key Standalone Financial Highlights Total Income (₹ in Cr.) EBITDA (₹ in Cr.) EBITDA Margin (%) 2.6% 17.8% 407 418 76 18.3 65 15.9 Q1 FY19 Q1 FY20 Q1 FY19 Q1 FY20 Q1 FY19 Q1 FY20 PAT (₹ in Cr.) PAT Margin (%) Cash PAT (₹ in Cr.) Cash PAT Margin (%) 4.8% 13.5% 23 24 5.6 5.7 50.2 12.0 44.
Slide 12: Q1 FY20 Standalone Profit & Loss
11 Q1 FY20 Standalone Profit & Loss Particulars (₹ In Crs) Q1 FY20 Q1 FY19 Y-o-Y Q4 FY19 Q-o-Q FY19 Revenue from Operations 411.2 397.5 3.5% 497.6 -17.4% 1787.6 Other Income 6.7 9.9 9.6 36.9 Total Income 418.0 407.3 2.6% 507.2 -17.6% 1824.5 Cost of Material Consumed (Incl. Construction Expenses) 288
Slide 13: Key Growth Drivers
12 Key Growth Drivers Increasing Market share Mumbai Development Healthcare Sector Commercial Segment Retail Real Estate Warehousing Boom of Tier 1 Developers Plan 2034 ▪ Market share of category A ▪ FSI for Commercial ▪ The healthcare market in ▪ India’s office space per ▪ Whopping 34 million sq. f
Slide 14: FY19 Standalone Balance Sheet - Strong Balance Sheet with low leverage
13 FY19 Standalone Balance Sheet - Strong Balance Sheet with low leverage ASSETS (₹ In Crs) Mar-19 Mar-18 EQUITY AND LIABILITIES (₹ In Crs) Mar-19 Mar-18 NON-CURRENT ASSETS 726 541 EQUITY 843 749 Property, plant & equipment 539 409 Equity Share capital 68 68 Capital work-in-progress 4 0 Other equity
Slide 15: Key Financial Indicators – FY19
14 Key Financial Indicators – FY19 ROE ROCE 23.1% 29.7% 10.5% 11.3% 16.2% 17.8% FY17 FY18* FY19 FY17 FY18* FY19 ROCE = EBIT ÷ (Net Worth + Long Term Borrowings + ROE = PAT ÷ Net Worth Short Term Borrowings) Core Fixed Asset T/O (x) Net Debt : Equity (x) 0.49 4.4 4.2 4.0 0.10 FY17 FY18* FY19 FY17 FY1
Slide 16: Our Story
Our Story 15 Godrej Summit, Gurgaon
Slide 17: Capacit'e Infraprojects Ltd: Transforming Vision into Reality
16 Capacit'e Infraprojects Ltd: Transforming Vision into Reality A Management Experienced & Strong Management Team with years of domain knowledge in Infrastructure creation Resources B Ownership of Core Assets + Team of highly skilled workforce helping to Focus on execution to become a ‘Preferred Co
Slide 18: Ready to Capitalize on vast opportunities
17 Ready to Capitalize on vast opportunities Specialization in Super Strong relationships Experienced Focus only on – High Rise & High Rise with clients Management Buildings & Factories 01 02 03 04 05 06 07 08 09 Well capitalized Good Corporate Strong Order Book Revenue Visibility Balance Sheet Stro
Slide 19: Our Strategy: Focused Player in Buildings Segment
18 Our Strategy: Focused Player in Buildings Segment Specialist in High Rise & Super High Rise Focus on core clients in mature markets & large ticket size orders Undertake more Public Sector projects from quality clients Increase share of Commercial/Institutional Projects Focus on maintaining a Lean
Slide 20: Scalable Business Model on back of Best in Class Resources
19 Scalable Business Model on back of Best in Class Resources 1. Modern Technology: Temperature controlled concrete for mass pours, self compacting free flow concrete for heavily reinforced pours and Modern Technology special concrete for vertical pumping in Super 01 High Rise Buildings 2. Core Asse
Slide 21: Our FOCUS – To Create a Sustainable Future
20 Our FOCUS – To Create a Sustainable Future Balance Sheet Focus Asset Turnover Focus on maintaining comfortable Debt/Equity Focus on improving Asset Turnovers by levels which stems from our ethos of building efficient deployment & maintenance of relationships with credible organized players resour
Slide 22: Marquee Clientele… a testimony of our Execution Track record
21 Marquee Clientele… a testimony of our Execution Track record Existing clientele (Regular Repeat orders & Huge pipeline) Addition of New clients Timely delivery Quality output Growing Order Book CAPACIT'E INFRAPROJECTS LIMITED CAPACIT’E INFRASTRUCTURES LIMITED
Slide 23: Management & Board
Management & Board 22 Auris Serenity, Mumbai, MMR
Slide 24: Experienced Promoters at the helm of affairs…
23 Experienced Promoters at the helm of affairs… Mr. Rohit R. Katyal Mr. Rahul R. Katyal Mr. Subir Malhotra Executive Director & CFO Managing Director Executive Director ▪ Has a vast experience of ~27 years ▪ Has a vast experience of ~23 years ▪ Has a vast experience of ~28 years ▪ Currently focuses
Slide 25: Governed by a Strong Board of Directors
24 Governed by a Strong Board of Directors Mr. S.B. Mainak Mr. Siddharth D. Parekh Mr. Sumeet S. Nindrajog Ms. Farah Nathani – Menzies Mr. Arun Karambelkar Chairperson (Independent) Non-Executive Director Non-Executive Director Independent Director Independent Director ▪ Has more than 30 years ▪ Has
Slide 26: Our Creations
Our Creations Oberoi Enigma - Mumbai, 25 MMR
Slide 27: Our Creations (1/3)
26 Our Creations (1/3) Bharti Worldmark, Wadhwa Aquaria Grande, Wadhwa Platina, Gurgaon Mumbai, MMR Mumbai, MMR Ozone Hyatt, Bengaluru CAPACIT'E INFRAPROJECTS LIMITED CAPACIT’E INFRASTRUCTURES LIMITED
Slide 28: Our Creations (2/3)
27 Our Creations (2/3) Godrej Summit, Sir Ganga Ram Hospital – Multi Level Car Park, Wadhwa W54, Gurgaon Delhi Mumbai, MMR CAPACIT'E INFRAPROJECTS LIMITED CAPACIT’E INFRASTRUCTURES LIMITED
Slide 29: Our Creations (3/3)
28 Our Creations (3/3) Four Seasons, Sahana Sheth BEAU-MONTE, Emaar MGF Imperial Garden, Mumbai MMR Mumbai MMR Gurgaon CAPACIT'E INFRAPROJECTS LIMITED CAPACIT’E INFRASTRUCTURES LIMITED
Slide 30: Tata Trust Cancer Hospital (Varanasi)
29 Tata Trust Cancer Hospital (Varanasi) CAPACIT'E INFRAPROJECTS LIMITED CAPACIT’E INFRASTRUCTURES LIMITED
Slide 31: Wadhwa Group, H Mill - Tower 1 & 2 (MMR)
30 Wadhwa Group, H Mill - Tower 1 & 2 (MMR) CAPACIT'E INFRAPROJECTS LIMITED CAPACIT’E INFRASTRUCTURES LIMITED
Slide 32: Lodha, The Park (Trump Towers) (MMR)
31 Lodha, The Park (Trump Towers) (MMR) CAPACIT'E INFRAPROJECTS LIMITED CAPACIT’E INFRASTRUCTURES LIMITED
Slide 33: Lodha, One Altamount (MMR)
32 Lodha, One Altamount (MMR) Currently India’s Tallest Composite Residential Building “Completed” In India CAPACIT'E INFRAPROJECTS LIMITED CAPACIT’E INFRASTRUCTURES LIMITED
Slide 34: Saifee Burhani Upliftment Trust (MMR)
33 Saifee Burhani Upliftment Trust (MMR) Executing a huge project in the crowded vicinity of Bhendi Bazar comprising of narrow lanes CAPACIT'E INFRAPROJECTS LIMITED CAPACIT’E INFRASTRUCTURES LIMITED
Slide 35: Our Industry
34 Transcon Sheth Auris Serenity, Mumbai, MMR Our Industry
Slide 36: Favorable Industry Dynamics
35 Favorable Industry Dynamics RERA ▪ Leading to a shift from Un-Organized to Organized ▪ Supports Construction EPC players PMAY Scheme Growing demand for Commercial & Retail space ▪ A ~Rs. 4.5 Trillion opportunity driven by ‘Pradhan Mantri Awas Yojna’ (PMAY) under the ‘Housing for All’ scheme ▪ Lac
Slide 37: Mumbai Development Plan 2034
36 Mumbai Development Plan 2034 Increase in FSI ▪ Government has increased the Floor Space Index, for both commercial and residential buildings Affordable Housing Push Central & Suburban Mumbai to benefit ▪ The authorities have approved to release ▪ The non-development zones proposed to be 3,355 hec
Slide 38: Our Historical Performance
Our Historical Performance 37 Lodha, One Altamount, Mumbai, MMR
Slide 39: Strong Standalone Financial Performance
38 Strong Standalone Financial Performance Total Income (₹ in Cr.) EBITDA (₹ in Cr.) 45% 38% 1,825 285 1,360 212 228 1,140 815 117 510 65 FY15 FY16 FY17 FY18 FY19 FY15 FY16 FY17 FY18 FY19 PAT (₹ in Cr.) Cash PAT (₹ in Cr.) 37% 48% 198 96 161 79 135 69 44 63 27 41 FY15 FY16 FY17 FY18 FY19 FY15 FY16 F
Slide 40: Standalone Profit & Loss Statement
39 Standalone Profit & Loss Statement Particulars (₹ In Crs) FY19 FY18 FY17 Revenue from Operations 1788 1,336 1,125 Other Income 37 24 15 Total Income 1825 1,360 1,140 Cost of Material Consumed (Incl. Construction Expenses) 1,320 966 796 Employee Expenses 146 117 87 Other Expenses 73 49 46 EBITDA 2
Slide 41: Standalone Balance Sheet
40 Standalone Balance Sheet ASSETS (₹ In Crs) Mar’19 Mar’18 Mar’17 EQUITY AND LIABILITIES (₹ In Crs) Mar’19 Mar’18 Mar’17 NON-CURRENT ASSETS 726 543 381 EQUITY 843 749 299 Property, plant & equipment 539 409 324 Capital work-in-progress 4 0 7 Equity Share capital 68 68 44 Intangible assets 2 1 2 Oth
Slide 42: For further information, please contact
41 For further information, please contact Company : Investor Relations Advisors : Capacit'e Infraprojects Ltd. Strategic Growth Advisors Pvt. Ltd. CIN - L45400MH2012PLC234318 CIN - U74140MH2010PTC204285 Mr. Alok Mehrotra (President, Corporate Finance) Mr. Shogun Jain/Mr. Pratik R. Shah ir@capacite.