Slide 1: RITES Limited Investor Presentation: Financial Results FY'19 & Q4'19
RITES Limited Investor Presentation Financial Results: FY’19 & Q4’19 1 Date: 29th May 2019 1
Slide 2: Safe Harbor
Safe Harbor This presentation report is for distribution purpose only under such circumstances as may be permitted by applicable law. This presentation is for information purposes only without regard to specific objectives, financial situations or needs of any particular persons and does not constit
Slide 3: Content
Content 1 Financial Performance – FY’19 & Q4’19 4 2 Order Book 16 3 Outlook for FY 19-20 19 3
Slide 4: 1. Financial Performance – FY19 & Q4'FY19
1.Financial Performance – FY19 & Q4’FY19 4
Slide 5: Round-up of a Successful Year
Round-up of a Successful Year # Highest ever revenue and profits # Listed in July 2018 with oversubscription of 67 times # MoU target with GOI achieved for excellent rating # Exports of state-of -art DMU sets & Locos to Sri Lanka # Delivered design & consultancy work for longest rail-cum- road bridg
Slide 6: Another Year of Strong Performance
Another Year of Strong Performance ₹ in Crore Consolidated Standalone 2,240 2,164 2,047 1,969 1,651 Op. Revenue 1,586 1,497 Total Revenue 1,434 FY18 FY19 FY 18 FY 19 Achieved 37% growth in operating revenue as against targeted 22% on standalone basis Growth can be attributed to increase in Consultan
Slide 7: Profits with Improved Margins (Consolidated)
Profits with Improved Margins (Consolidated) ₹ in Crore 776 730 566 EBITDA 519 490 PBT PAT Margin 357 34.6% 32.6% 21.9% 34.3% 31.4% 21.6% FY18 FY19 Expansion of Improved Efficiency Optimum Utilisation International Consultancy from Subsidiary and JV of Human Resources Business Operations 7
Slide 8: Profits with Improved Margins (Standalone)
Profits with Improved Margins (Standalone) ₹ in Crore 712 677 518 485 EBITDA 445 PBT PAT Margin 332 32.8% 31.3% 20.5% 32.5% 30.6% 20.9% FY 18 FY 19 Achieving Economy of Focus on High Margin High Margin in Leasing scale in Turnkey Consultancy & Export Business Operations 8
Slide 9: Segmental Growth
Segmental Growth (Standalone) ₹ in Crore +13.3% +12.3% -10.7% +287% +28.0% +36.4% 195 2164 567 153 1586 147 232 207 1092 104 FY18 92 963 FY19 Growth Consultancy Consultancy LeaseLease Exports Exports Turnkey Turnkey OtherOther Income Total Total Income Revenue Revenue Consultancy contributes about h
Slide 10: Segmental Profits and Margins
Segmental Profits and Margins (Standalone- before un-allocable expenses) ₹ in Crore 479 Consultancy 390 62 54 Exports 23.4% 30.2% 40.5% 43.9% FY18 FY19 FY18 FY19 19 Turnkey Projects 44 Leasing 37 4 39.8% 42.6% 2.5% 3.3% FY18 FY19 FY18 FY19 Profit Margins * Above Segmental Profits and Profit Margins
Slide 11: Q4FY19 at a Glance
Q4FY19 at a Glance (Standalone) ₹ in Crore 762 215 204 714 571 129 132 121 EBITDA 544 Op. Revenue PBT PAT Total Revenue 77 Margin 22.4% 27.9% 21.2% 26.8% 13.6% 17.3% Q4'18 Q4'19 Q4'18 Q4'19 Profit Margins of all segments have improved. Margin growth coming from consultancy followed by leasing, expor
Slide 12: Trade Receivable in Days
Trade Receivable in Days (Standalone) Continuously improving collection performance.... 161 116 105 97 FY16 FY17 FY18 FY19 * Debtor days are net of provisions 12
Slide 13: Value Generation for Investors
Value Generation for Investors (Standalone) (₹ in Crore) Networth EPS (₹ ) 2384 2199 22.23 2048 1878 16.59 1628 FY 15 FY 16 FY 17 FY 18 FY 19 FY 18 FY 19 13
Slide 14: Dividend
Dividend ₹ in Crore Dividend Payout Ratio: 57% 215 for FY19 on 12 months PAT (including final dividend for FY19) 80 146 148 55 70 2nd Interim 77 95 1st Interim 53 Final 45 91 78 80 Total dividend paid 30 23 32 40 FY15 FY16 FY17 FY18 FY19 FY20 (Proposed) ₹80 crore (₹4 per share) of Final dividend for
Slide 15: Employee Productivity
Employee Productivity ₹ in Crore REVENUE PER EMPLOYEE (STANDALONE) FY19 Profit (PBT) 0.65 Approx 1,400 per 0.47 0.49 regular skilled 0.36 0.41 employee: engineers/ Rs. 20 lakh professionals Lorem ipsum This is dummy text it is not here to be read FY 15 FY 16 FY 17 FY 18 FY19 Status No. of Employees
Slide 16: 2. Order Book
2. Order Book 16
Slide 17: Order Book - up by 27% over last year
Order Book -up by 27% over last year (Standalone) ₹ 41.7% 38.0% 2.5% ₹ 17.8% Consultancy Lease Export Turnkey ₹ 25.2% ₹ 74.8% Total Order book as on 31.03.19 Govt & PSU Other ₹ 6097 Crore *order book also includes US Dollar denominated projects and conversion to INR of such projects has been done at
Slide 18: Major Projects Secured during Q4'18-19
Major Projects Secured during Q4’18-19 ₹ in Crore RITES secured more than 300 projects/contracts including enhanced scope during FY19. Expected Project Scope Amount Client Completion PMC to IRSDC under Station Development 81.2 IRSDC 2021 Program Ministry of Health & Consultancy Third Party Quality A
Slide 19: 3. Outlook for FY19-20
3. Outlook for FY19-20 19
Slide 20: MOU Target for FY19-20
MOU Target for FY19-20 (Standalone) OPERATING REVENUE OPERATING PROFIT ₹ in Crore (excluding other income) (excluding other income) 16.8% 10.8% 2300 534 482 1969 1760 361 MoU Achieved MoU MoU Achieved MoU Target FY19 Target Target FY19 Target FY19 FY20 FY19 FY20 MOU is signed every year with Ministr
Slide 21: Thank You
Thank You 21