Kec International Ltd. · NSE:KEC
Kec International — Investor Presentation (February 2020)
32 slides from Kec International's investor presentation, Feb 10, 2020
Slide 1: KEC International Limited Corporate Presentation
KEC International Limited Corporate Presentation 1 0 F e b r u a r y, 2 0 2 0 Power T & D Railways Civil Solar Smart Infra Cables
Slide 2: Disclaimer
Disclaimer This presentation may include statements which may constitute forward-looking statements. All statements that address expectations or projections about the future, including, but not limited to, statements about the strategy for growth, business development, market position, expenditures,
Slide 3: Content
RPG Group Page 04-05 KEC International Business Overview Page14-37 Page 06-11 Leadership Team Page 12-14 Industry Overview Management Team Content Page39-40 Page 15-18 Business Overview Page 19-27 Financial Overview Page 28-31 3
Slide 4: RPG Group
RPG Group Power T & D Railways Civil Solar Smart Infra Cables 4
Slide 5: RPG Group: Powered by Passion, Driven by Ethics
RPG Group: Powered by Passion, Driven by Ethics Founded by Shri RP Goenka in 1979 One of India’s fastest growing conglomerates Turnover in excess of USD 4 billion 20,000+ employees Footprint in 100+ countries KEC acquired by RPG Group in 1982 KEC RPG Life Raychem Harrisons CEAT Zensar Malayalam Inte
Slide 6: KEC International
KEC International Power T & D Railways Civil Solar Smart Infra Cables 6
Slide 7: KEC Overview
KEC Overview 6400+ 7+ DECADES OF EXPERIENCE & EXPERTISE EMPLOYEES 30+ DIVERSE NATIONALITIES FOOTPRINT IN 70+ $1.6 COUNTRIES BILLION GLOBAL EPC MAJOR ONGOING PROJECTS IN 30+ 40%+ BUSINESS COUNTRIES OVERSEAS 7
Slide 8: KEC Overview
KEC Overview • Global infrastructure EPC major • FY19 Sales: Rs. 11,001 Crore (USD 1.6 billion) • Seven manufacturing facilities across India, Brazil and Mexico Footprint in 100+ countries across the globe Central Asia Americas Middle Oceania Africa East India & South Asia EPC Footprint countries EP
Slide 9: Overview (contd.) - Expansion into New Verticals
Overview (contd.) - Expansion into New Verticals 1982 2010 2013 Incorporated into RPG Substation Civil 2016 Transmission Railways Water Solar 1945 Smart Infra 2009 2011 2014 2018 9
Slide 10: Overview (contd.)
Overview (contd.) Sustained leadership in Power Transmission EPC • Indian multinational infrastructure EPC major • Over 7 decades of experience; presently executing 170+ projects Diversifying to mitigate risk • Diversified across businesses and geographies • Footprint in 100+ countries across six co
Slide 11: Order Inflows & Order Book Breakup
Order Inflows & Order Book Breakup Order Inflows YTD Order Book as on 31.12.2019 T&D: 32.2% SAE : 3.2% T&D: 48.5% SAE : 6.1% 0.1% 1.1% 32.0% 31.1% 35.4% Order Intake Order Book Rs 9,820 crore Rs 22,011 crore 54.6% 1.9% 8.1% 11.3% 24.4% T&D Civil Cables Railways Solar T&D Civil Cables Railways Smart
Slide 12: Leadership Team
Leadership Team Power T & D Railways Civil Solar Smart Infra Cables 12
Slide 13: Board of Directors
Board of Directors H. V. Goenka Chairman Vimal Kejriwal A. T. Vaswani D. G.Piramal G. L. Mirchandani M.S. Unnikrishnan MD & CEO Director Director Director Director Nirupama Rao R. D. Chandak S. M. Trehan Vikram Gandhi Director Director Director Director 13
Slide 14: Management Team
Management Team Vimal Kejriwal MD & CEO Randeep Narang Neeraj Nanda Kaushal Kodesia Nagesh Veeturi Jayant Kohale Gustavo Cedeno President - President - Chief Executive - Chief Executive - Head - Chief Executive International (T&D, South Asia (T&D, Railways Civil Smart Infra Officer - Solar) & Cables
Slide 15: Industry Overview
Industry Overview Power T & D Railways Civil Solar Smart Infra Cables 15
Slide 16: Industry Outlook: Transmission & Distribution (T&D)
Industry Outlook: Transmission & Distribution (T&D) INDIA • Last mile electrification; 24x7 Power for All • Augmentation of transmission networks; addition of 1,00,000+ ckm of TLs & T&D Capex – FY2016-40 ($Bn) 2,90,000+ MVA of transformation capacity expected between 2017-22 Region 2016-25 2026-40 S
Slide 17: Industry Outlook: Cables and Railways
Industry Outlook: Cables and Railways CABLES • Annual Indian market ~ Rs. 20,400 crore p.a. (USD 3.1 billion) • Strong demand driven by power sector, real estate and industrial activity • India’s aggressive plans for power sector, driving growth • Demand for improved network quality expected to impr
Slide 18: Industry Outlook: Civil, Smart Infra, and Solar
Industry Outlook: Civil, Smart Infra, and Solar CIVIL • Opportunities in the domains of smart cities, industrial corridors & infrastructure-linked Real Estate development • Promising outlook on residential sector, owing to increase in demand and Affordable & Mass Housing schemes • Opportunities unde
Slide 19: Business Overview
Business Overview Power T & D Railways Civil Solar Smart Infra Cables 19
Slide 20: Transmission & Distribution (T&D)
Transmission & Distribution (T&D) • One of the largest Power T&D EPC companies; footprint across 70 countries • Global leadership with experience of 7+ decades • Integrated solutions on turnkey basis • Transmission Lines up to 1200 kV 765 kV Fatehgarh-Bhadla Transmission Line for a private • Large s
Slide 21: Transmission & Distribution (T&D) (contd.)
Transmission & Distribution (T&D) (contd.) SAE Towers, USA Wholly owned subsidiary • Leading manufacturer of steel lattice transmission towers in the Americas • 9+ decades of rich and diverse experience in the region • Executing EPC works in Brazil & 500 kV Sapeaçu - Poções III Transmission Line, Br
Slide 22: In-house capabilities for turnkey solutions
In-house capabilities for turnkey solutions Design & Engineering • In-house design centers with 220+ engineers across eight centres in India, the Middle East and Americas • >60 years library of transmission lines design database, including towers, hybrid poles and monopoles; expertise across designi
Slide 23: Railways
Railways • Currently executing 30+ projects; electrified 40% of the Indian Railway network till date • Complete turnkey solutions provider in the railways infrastructure EPC space • Overhead Electrification systems • Signalling & Telecommunication systems for outdoor and indoor installation includin
Slide 24: Solar
Solar • Capabilities to execute large scale projects >130 MW • Significant experience in Single Axis Tracker implementation • Proficiency in Design, project feasibility analysis across large-scale Solar Photovoltaic Power plants, backed by project management & execution capabilities • Supply/sourcin
Slide 25: Civil
Civil • Focus on construction of factories, warehouses, residential buildings, commercial complexes, railway stations, airports, metros and sewage & water treatment plants • Providing services in an area dominated by small unorganised players and few large companies • Established as a preferred agen
Slide 26: Smart Infra
Smart Infra • Launched Smart Infra vertical in FY 2018-19 • Focus on Smart Cities & Communication, Smart Grid and Smart Mobility • Business aligned with Government of India’s agenda of enhancing India’s digital infrastructure and building 100+ smart cities • Currently executing two projects in the c
Slide 27: Cables
Cables • Extensive range of cables & turnkey cabling solutions offered in 30+ countries • Two fully integrated facilities, manufacturing a wide range of Power (HT, LT and EHV up to 220 kV), Control & Instrumentation, Telecom, Solar, Railway Signalling Cables and Railway Contact & Catenary Conductors
Slide 28: Financial Overview
Financial Overview Power T & D Railways Civil Solar Smart Infra Cables 28
Slide 29: Performance Highlights
Performance Highlights Q3 FY20 / Q3 FY19 REVENUE EBITDA PBT PAT 16% 13% 19% 29% YoY YoY YoY YoY % 10.4 % 6.6 % 4.7 Rs 3,073 core Rs 319 crore Rs 203 crore Rs 145 crore 9M FY20 v/s 9M FY19 REVENUE EBITDA PBT PAT 16% 15% 15% 25% YoY YoY YoY YoY % 10.4 % 6.3 % 4.5 Rs 8,294 crore Rs 864 crore Rs 521 cro
Slide 30: Profit & Loss Highlights (Consolidated)
Profit & Loss Highlights (Consolidated) (In Rs Crs) Q3 Y-o-Y 9M Y-o-Y Particulars FY20 FY19 % growth FY20 FY19 % growth Revenues 3,073 2,647 16.1% 8,295 7,159 15.9% EBITDA 319 281 13.5% 865 751 15.1% EBITDA Margins 10.4% 10.6% 10.4% 10.5% (+) Other Income 2 4 8 16 (-) Depreciation 37 31 108 91 (-) I
Slide 31: KEC: Equity Share Information
KEC: Equity Share Information Year-End Market Capitalisation (Rs. Crore) Equity Share Information 12000 • Share Price (10 February, 2020): Rs. 353/ share 10200 • Market Cap (10 February, 2020): Rs. 9.082 crore 10000 • Financial Year – April to March • Listed on Indian Stock Exchanges 8000 7706 • Blo
Slide 32: Thank You
THANK YOU Global Footprint in 100+ countries* *Includes EPC and Supply Follow us on: Registered Office RPG House, 463, Dr. Annie Besant Road, Worli, Mumbai - 400 030. Phone: +91-22-6667 0200 Email: kecindia@kecrpg.com www.kecrpg.com
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