Ramky Infrastructure Limited · NSE:RAMKY
Ramky Infrastructure — Investor Presentation (February 2013)
27 slides from Ramky Infrastructure's investor presentation, February 2013
Slide 1: Ramky Infrastructure Limited Company Presentation
Ramky Infrastructure Limited Company Presentation February 2013
Slide 2: Agenda
Agenda Corporate profile Strengths and growth strategy Financial overview 1
Slide 3: The Corporate Profile
The Corporate Profile Ramky snapshot Ramky Infrastructure Limited (“Ramky” or the “Company”), is an integrated construction and infrastructure development and management company with a multinational presence Ramky operates in three principal business modes: – Construction business Construction D
Slide 4: The Construction Business Profile
The Construction Business Profile Include water treatment plants, water transmission Closing order book (INR m) and distribution systems, elevated and ground level service reservoirs, sewage treatment plants, Water & Waste common effluent treatment plant, tertiary treatment Water 150,000 137,029 p
Slide 5: Detailed Construction Business Profile (continued)
Detailed Construction Business Profile (continued) Qualified to execute expressways, highways, Closing order book (INR m) bridges, flyovers and dedicated service corridors Maximize efficiency through seamless 70,000 59,868 synchronization of supply chain, logistics, operation and execution funct
Slide 6: Detailed Construction Business Profile (continued)
Detailed Construction Business Profile (continued) Core competency and area of continued focus going Closing order book (INR m) forward Undertake projects on both composite and several basis with scope including, design, engineering, construction, operation & maintenance solutions to 30,000 mana
Slide 7: Developer Business Profile
Developer Business Profile Project cost / Completion date Name of subsidiary estimated / Scheduled Description (Ramky’s interest) project cost in completion date INR m Ramky Elsamex Hyderabad Operate and maintain a 12.63km eight lane expressway as Outer Ring 3,994 Completed Ring Road Limited (74%)
Slide 8: Developer Business Profile (Contd…)
Developer Business Profile (Contd…) Project cost / Completion date Name of subsidiary estimated / Scheduled Description (Ramky’s interest) project cost in completion date INR m Ramky Pharma City (India) 5,205 Completed Project under operational stage. Limited (51%) Ramky Multi Product industrial A
Slide 9: Net Worth Details of Key Subsidiaries
Net Worth Details of Key Subsidiaries Net Worth (INR m) S. No. Company 31st December 2012 1 MDDA Ramky IS Bus Terminal Ltd 108.77 2 Gwalior Bypass Project Ltd 831.30 3 Ramky Elsamex Hyderabad Ring Road Ltd 427.66 4 Srinagar Banihal Expressway Ltd. 3.50 5 Sehore Kosmi Tollways Limited 119.58 6 Hospet
Slide 10: Detailed Developer Business Profile (continued)
Detailed Developer Business Profile (continued) Industrial Parks Roads Focus remains on industrial parks for polluting industries Focus remains on roads with technically challenging projects in Ramky specialises in providing state-of-the-art civil infrastructure difficult terrain and industry
Slide 11: Agenda
Agenda Corporate profile Strengths and growth strategy Financial overview 10
Slide 12: Key Business Strengths
Key Business Strengths Execution efficiency Strong Diversified financial profile sector focus Independent board Pan-India & experienced presence management team Benefits of parentage 11
Slide 13: Execution Efficiency
1 Execution Efficiency Execution keeping pace with order book (INR m) Two reasons mainly contributed to increase in margins – Economies of scale 150,000 137,029 – Well established processes for execution 109,988 Man power Machinery 100,000 2,507 full-time employees of Maintain a lean asset siz
Slide 14: Diversified Focus – Order Book
2 Diversified Focus – Order Book % order book 9M FY13 Value of order book: INR 125272 m Int.'l Operations 0% Power Central 5% Irrigation Buildings 12% South 14% 17% 39% Industrial North 7% WWW 27% 15% West East Roads & Bridges 9% 13% 42% Central Govt. 2% Private Subsidiaries (Including 32% 32% of Su
Slide 15: Diversified Focus – Revenue
3 Diversified Focus – Revenue % revenue 9M FY 13 Construction revenue: INR 20939 M Irrigation Central Int.'l Operations Power 6% 10% 2% 6% Buildings 14% South Industrial 37% 13% WWW North 17% 24% Roads & Bridges West East 44% 12% 15% Central Govt. 9% Private Subsidiaries (Including 32% 32% of Subsid
Slide 16: Sectorial Wise New Orders – Since 2008
4 Sectorial Wise New Orders – Since 2008 70000 New orders bagged since 2008 in INR Millions 60966 58881 60000 50000 39940 35412 34220 40000 32417 27886 30000 14059 20000 13660 13230 11737 10915 9542 9509 9174 9072 8901 7263 6981 6289 5820 5745 5383 5335 10000 4999 4255 3672 3156 2588 2545 2241 2224
Slide 17: Geography Wise New Orders – Since 2008
5 Geography Wise New Orders – Since 2008 70000 New orders bagged since 2008 in INR Millions 60966 58881 60000 50000 39940 35412 34220 40000 25388 25057 30000 22335 20309 17700 16208 20000 11702 11286 10036 9542 8612 7325 6902 6850 5945 5925 10000 4989 4530 3940 3358 3279 2649 2545 2517 2090 1783 155
Slide 18: Benefits Of Parentage
6 Benefits Of Parentage Ramky is the flagship company of Ramky Group Ramky Group is a multidisciplinary organization focused in the areas of Civil, Environmental & Waste Management infrastructure with specific emphasis on 'Public Private Partnership' projects Operational since 1994 with over 1
Slide 19: Independent Board & Experienced Management Team
Independent Board & Experienced 7 Management Team Ramky Board of Directors 28 years of experience in the field of environmental services, civil works, biomedical waste and hazardous waste management Worked for various water, waste water and engineering projects, notably with Gannon Dunkerly & Co
Slide 20: Strong Financial Profile
8 Strong Financial Profile Income (INR m) and EBITDA margin Networth (INRm) & ROE 10,213 27,305 30,943 24.4% 9,671 8,921 20,939 20.1% 10.1% 10.2% 18,613 17.1% 21.1% 15.0% 11.0% 11.6% 11.2% 14,304 10.8% 4,262 10,292 5.8% 3,204 7.1% 2,513 5.5% 5.0% 4.5% 4.6% 2.6% FY08 FY09 FY10 FY11 FY12 9M FY13 FY08
Slide 21: Growth Strategy
Growth Strategy Construction business Developer business Continue to focus on Water and Waste Water projects Continue to build on the expertise gained in polluting and through leadership in technology and design industries parks Leverage our execution capabilities and move into Leverage on Water and
Slide 22: Key Investment Highlights
Key Investment Highlights Construction expenditure is expected to approximately double to INR 18,443 bn during 2011- Infrastructure sector 12 to 2015-16 period versus INR 9,458 bn during the 2006-07 to 2010-11 period Large addressable opportunity Between FY2012 and FY2016, government spending on
Slide 23: Agenda
Agenda Corporate profile Strengths and growth strategy Financial overview 22
Slide 24: Key Financials – P&L
Key Financials – P&L Standalone financials INR (Millions) FY 08 FY 09 FY 10 FY 11 FY 12 9M FY 13 Revenue ** 10292 14304 18613 27305 30,943 20939 Growth rate 44.73% 38.98% 30.12% 46.70% 13.32% 9.38% EBITDA 1039 1462 2016 2999 3602 2341 EBITDA margin 10.10% 10.22% 10.83% 10.98% 11.64% 11.18% PBT 702 8
Slide 25: Key Financials – Balance Sheet
Key Financials – Balance Sheet Particulars Standalone Consolidated 9M 9M INR (Millions) FY08 FY09 FY10 FY11 FY12** FY08 FY09 FY10 FY11 FY12 FY13 FY13 Net worth 2513 3204 4262 8921 9671 10213 2553 4261 5549 10647 12582 14774 Minority Interest -- -- -- -- -- -- 665 867 1480 1716 1875 2064 EPS 10.26 13
Slide 26: Share Holding Pattern
Share Holding Pattern Our investors Share Holding pattern as on 31st December 2012 Category # of shares % Promoter group(A) 38,756,152 67.76 Institutions(B) Mutual Funds/UTI 2,102,412 Financial Institutions/Banks 635,363 FIIs 403,871 Venture Capital Funds 289,356 Sub total(B) 3,431,002 6.00 Non-Inst
Slide 27: Thank you!
* \ a BANS GROUP Towards sustainable growth Ce Thank you!
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