Nila Infrastructures Limited · NSE:NILAINFRA
Nila Infrastructures — Investor Presentation (May 2017)
45 slides from Nila Infrastructures's investor presentation, May 2017
Slide 1: Investor Presentation May 2017 – Growth: Seizing Opportunities
Investor Presentation May 2017 GROWTH seizing opportunities Nila Infrastructures Limited
Slide 2: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by Nila Infrastructures Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any
Slide 3: Agenda
Agenda Highlights Background Business Overview Orderbook & Clientele Financials 3
Slide 4: Management Commentary
Management Commentary The growth achieved for the full year is a testimony of our concentrated efforts to establish ourselves amongst the Leaders in Affordable Housing segment Our performance is inline with our expectations. With our past experience in Affordable Housing Segment, we are favorably pl
Slide 5: Key Financial Highlights – FY2017
Key Financial Highlights – FY2017* 34% 33% 22% PAT of ₹ 228.4 million PAT Margin improved by 88 bps to 10.2% EBITDA of ₹ 365.3 million EBITDA Margin improved by 132 bps to 16.3% Revenue of ₹ 2,241.9 million 5 * - Standalone
Slide 6: Quarter Financial Highlights
Quarter Financial Highlights* Revenue ( ₹ Millions) EBITDA (₹ Millions) +7% +48% 693 741 111 75 Q4 FY16 Q4 FY17 Q4 FY16 Q4 FY17 PAT ( ₹ Millions) EBITDA & PAT Margin +33% 77 58 10.8% 15.0% 10.4% 8.4% Q4 FY16 Q4 FY17 Q4 FY16 Q4 FY17 EBITDA % PAT % 6 * - Standalone
Slide 7: Yearly Financial Highlights
Yearly Financial Highlights* Revenue ( ₹ Millions) EBITDA (₹ Millions) +22% +33% 2,242 365 1,831 274 FY16 FY17 FY16 FY17 PAT ( ₹ Millions) EBITDA & PAT Margin +34% 228 16.3% 15.0% 170 9.3% 10.2% FY16 FY17 FY16 FY17 EBITDA % PAT % 7 * - Standalone
Slide 8: Update on SRA Project
Update on SRA Project • PPP order from AMC for Slum Rehabilitation and Redevelopment ➢ Construction of ~609 residential units and ~21 shops in 24 months ➢ Total development cost of ₹ 492.0 million ➢ Remuneration: TDR of ₹ 342.2 million & balance vacant land worth ₹ 149.8 million • Agreement for Sale
Slide 9: Giridharnagar Project Site
Giridharnagar Project Site 9
Slide 10: Agenda
Agenda Highlights Background Business Overview Orderbook & Clientele Financials 10
Slide 11: About Us
About Us 1 2 3 4 Sambhaav Group Company Execution Strong & Affordable Housing • Unique hybrid model of Versatile Order-book (Infrastructure) • 26+ years of Project Execution experience of project • Focused on Affordable execution • Order book of • Total of 7,358 flats = Housing (Infrastructure) ₹4,0
Slide 12: What Drives Us
What Drives US • Mark our presence as a leading infrastructure and real-estate player across various geographies, perform with a high level of integrity and harness credibility • Contribute to the economic prosperity and growth through participation in projects of national importance • Raise our own
Slide 13: Milestones
Milestones 2014- Onward Growth • AMC awards contract for Affordable Housing under Mukhya Mantri Avas Yojana, Multi Level Parking, SRA 2017 • Rajasthan Government, VUDA awards projects for Affordable Housing, Civic Urban Infrastructure • Infusion of further equity through Pvt Placement • Listing on N
Slide 14: Board of Directors
Board of Directors Mr. Manoj B. Vadodaria - Chairman & Managing Director Mr. Kiran B. Vadodaria - Joint Managing Director ▪ With 40+ years of experience, knowledge and insight in the ▪ B.E. (Mechanical) from L.D. Engineering College, currently the construction industry, Mr. Vadodaria transformed Nil
Slide 15: Board of Directors
Board of Directors Mr. Shyamal S. Joshi – Director Mr. Harcharansingh P. Jamdar - Director ▪ Mr. Joshi possesses 43+ years of senior level financial ▪ Mr. Jamdar has headed various departments of the management experience in manufacturing and trading Government of Gujarat including Roads & Building
Slide 16: Management Team
Management Team Rajendra Anand Patel Mr. Ravinder Sharma – President Kumar President (Projects) President (Civil) (Business Development) • Mr. Patel had been the • Mr. Kumar carries a very rich professional • Mr. Sharma is a law Additional City Engineer with experience of more than 30 years in contr
Slide 17: Management Team
Management Team Deep S. Jignesh Patel Ritesh Parikh Prashant H. Vadodaria Sr. VP Industrial Sarkhedi Chief Operating (Projects) Projects Head Chief Finance Officer Officer • Mr. Deep Vadodaria is an • Mr. Patel is a civil • Mr. Ritesh Parikh is • Mr. Sarkhedi is a original thinker with an engineer w
Slide 18: Agenda
Agenda Highlights Background Business Overview Orderbook & Clientele Financials 18
Slide 19: Key Differentiators
Key Differentiators Project execution: Dividend Track Significant experience and Record: strong track record in: Consistent dividend Timely completion, cost payments for last seven (7) effective execution years Project diversity: Promoter Share Bungalows and Flats to Pledge: BRTS Stations, Multileve
Slide 20: Awards and Certifications
Awards and Certifications • ISO 9001:2008 accreditation by • Certificate of Excellence • Most Impactful CSR Certification International (UK) Ltd Leader Award http://www.growthinstitute.in/emag azine/sep11/2011class1.html • Registered as approved Contractor in Special Category – I Buildings Class wit
Slide 21: Project Execution Overview
Project Execution Overview ✓ Model prominent in the State of ✓ Contract awarded for Engineering, Rajasthan Procurement, Construction by ✓ Contract awarded for Engineering, Government Authority EPC EPC + PPP Procurement, Construction by ✓ Generally fixed price contracts Government Authority ✓ General
Slide 22: Project Execution Profile
Project Execution Profile EPC EPC+PPP PPP Risk Profile Low Medium High Moderate Moderate High Margin Profile Affordable Housing, Housing for All by 2022, Smart Cities, etc. 22
Slide 23: Our footprints: Gujarat & Rajasthan
Our footprints: Gujarat & Rajasthan 23
Slide 24: Home Ground Advantage
Home Ground Advantage Gujarat Infrastructure Civic Urban Infrastructure White Label Own real estate projects Leasing ▪ Affordable Housing ▪ Global Award Winning BRTS Construction ▪ Atuulyam ▪ 88,000 sq. ft commercial project ▪ AP SEZ Office ▪ Asmaakam space in Ahmedabad ▪ Multistoried Parking Facili
Slide 25: Our footprints: Ahmedabad
Our footprints: Ahmedabad Our footprints: Ahmedabad 25
Slide 26: Sunrise state: The Land of Opportunities – Rajasthan
Sunrise state: The Land of Opportunities Rajasthan Housing Project through Public Private Partnership Civic Urban Infrastructure ▪ Mega Housing at Jodhpur for EWS, LIG & MIG ▪ Contract awarded by Engineering Projects (India) Ltd. at Barmer ✓ 1,072 units totalling to ~4,72,800 sq. ft ✓ EPC contract f
Slide 27: Affordable Housing (Infrastructure)
Affordable Housing (Infrastructure) ❖ Total of 7,358 units of Affordable Housing, (3.0 million sq. ft.) under development ❖ GUJARAT: Execution of Affordable Housing projects for cash rich entities like AMC, VUDA^, Adani Group etc. ➢ Constructing ~1.6 million sq. ft. aggregating ~4,242 units of Affor
Slide 28: BRTS: A Success Story
BRTS: A Success Story ❖ Prime Contractor for Global Award Winning BRTS (Bus Rapid Transit System) project of AMC under JNNURM ➢ 72% BRTS stations built by Nila (104 out of total 144) ❖ Total value ~ ₹ 630.0 Millions ➢ AMC initially awarded 28 BRTS stations ➢ Owing to Proficient Execution, Excellent
Slide 29: Other Urban Infrastructure
Other Urban Infrastructure ❖ Sole Contractor for first Urban Development Project of 260 decorative bus shelters completed for AMC ➢ Exclusive publicity rights of these shelters accorded to group company – Sambhaav Media Ltd. ❖ Early completion and superior construction quality prompted AMC to award
Slide 30: Realty Business
Realty Business ❖ Leveraging low cost land bank to develop our own Real Estate Projects ➢ Projects through Joint Ventures (JVs) and Associates also ❖ Entire spectrum of project development activities ➢ Identification and acquisition of land at economical rates ➢ Project Planning, Development, Sales
Slide 31: Key Industrial Land Bank
Key Industrial Land Bank ❖ Built a propitious land-bank with potential of future development ➢ Longer term plan is to monetise through developing industrial parks, dormitories, etc. Location Sq. Mtrs. Key Highlights Land right on the National Highway 8A and adjacent to railway line, Bavla 1,02,133 I
Slide 32: Subsidiaries, JVs, Associate
Subsidiaries, JVs, Associate ❖ Formed along with other renowned Real Estate Developers to take benefit of: ➢ Larger scale to work ➢ Diverse operations ➢ Risk distribution Name of Entity Stake (%) Status Real Estate project: Plotting scheme, operations yet to Nila Projects LLP 99.97% commence Real Es
Slide 33: Growth Drivers
Growth Drivers New Opportunities ❖Gujarat International Real Estate Finance Tec-city ❖Accumulated land bank Urban Infra ❖Metro-link Express for at economical rates for Gandhinagar and ❖Immense opportunities Real Estate and Industrial Ahmedabad in affordable housing Projects ❖Dholera Special ❖Govt. i
Slide 34: Agenda
Agenda Highlights Background Business Overview Orderbook & Clientele Financials 34
Slide 35: Order book Details
Order book Details Order book at March 31, 2017 ( ₹ 4,076.1 Millions) 35% 6% 35% 22% 65% 37% Affordable Housing Civic Urban Infra. EPC EPC+PPP PPP Civic Urban Infra. YTD Order Inflow Highlights ❖ Total Order inflow worth ₹ 3,975.8 million during FY17 Affordable 15% ✓ Affordable Housing & SRA project
Slide 36: Order book movement
Order book movement Unexecuted at Added during Executed during To be executed at Likely Sr. Project – Client 1-Apr-2016 FY2017 FY2017 01-Apr-2017 Completion (₹ million) A B C D = A+B-C 1 Girdharnagar –AMC 472.1 19.9 331.2 160.8 Oct-17 2 Modasa BTF GSRTC* -- 151.5 -- 151.5 Yet to 3 Amreli BTF GSRTC*
Slide 37: Clientele
{ o All ll Special Economic Zone Ltd 37 Adani Ports and (eo) applewoods Clientele
Slide 38: Agenda
Agenda Highlights Background Business Overview Orderbook & Clientele Financials 38
Slide 39: Historical Financial Highlights
Historical Financial Highlights* Revenue ( ₹ Millions) EBITDA ( ₹ Millions) +34% +27% 2,242 365 1,831 274 1,244 227 FY15 FY16 FY17 FY15 FY16 FY17 PAT ( ₹ Millions) Closing Order book ( ₹ Millions) +38% 228 +39% 4,076 170 121 2,095 2,026 FY15 FY16 FY17 FY15 FY16 FY17 39 * - Standalone
Slide 40: Quarter Profitability Statement
Quarter Profitability Statement* Particulars ( ₹ Millions) Q4 FY17 Q4 FY16 YoY FY17 FY16 YoY Construction & Development of Infrastructure Projects 687.0 645.1 1,925.6 1,574.6 Construction & Development of Real Estate Projects 6.3 34.9 115.5 178 Others 47.7 12.7 200.9 78.5 Total Revenue 740.9 692.7 7
Slide 41: Standalone Balance Sheet
Standalone Balance Sheet Particulars ( ₹ Millions) Mar-17 Mar-16 Particulars ( ₹ Millions) Mar-17 Mar-16 Non-Current Assets 1,123.9 916.9 Shareholder’s Fund 2,014.3 1,700.0 Fixed assets 346.3 333.5 Share capital 393.4 398.4 Non-Current Investments 237.2 198.8 Reserves & Surplus Deferred Tax Assets (
Slide 42: Consolidated Profitability Statement
Consolidated Profitability Statement Particulars ( ₹ Millions) FY2017 FY2016 YoY Total Revenue 2,224.6 1,831.1 21% Cost of Construction and Development 1,767.4 1,487.2 Employee Cost 47.0 37.8 Other Expenses 46.9 32.7 EBITDA 363.1 273.4 33% EBITDA Margin 16.3% 14.9% Other Income 181.9 119.4 Depreciat
Slide 43: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars ( ₹ Millions) Mar-17 Mar-16 Particulars ( ₹ Millions) Mar-17 Mar-16 Shareholder’s Fund 1980.4 1657.0 Non-Current Assets 949.7 921.7 Share capital 393.4 398.4 Fixed assets 363.0 333.6 Reserves & Surplus 1587.1 1258.6 Non-Current Investments 126.1 95.9 Minority I
Slide 44: Seizing Opportunities
Seizing Opportunities Smart Cities Mission to develop 109 cities all over the country making them citizen friendly and sustainable Promote PPP framework effectively to address gap between the housing demand and supply 11 crore houses likely required by 2022 Housing shortage of about 6 crore units In
Slide 45: For further information, please visit www.nilainfra.com or contact
For further information, please visit www.nilainfra.com or contact: Company : Investor Relations Advisors: Nila Infrastructures Ltd Strategic Growth Advisors Pvt Ltd CIN: L45201GJ1990PLC013417 CIN: U74140MH2010PTC204285 Mr. Prashant Sarkhedi Mr. Jigar Kavaiya | Mr. Kevin Shah Email: phsarkhedi@nilai
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