Slide 1: Investor Presentation cover letter to stock exchanges
Ref : CIL/STEX 30/Q3FY19 Date : February 04, 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 – /Scri
Slide 2: Capacit'e Infraprojects Ltd. Investor Presentation Q3 & 9M FY19
Capacit'e Infraprojects Ltd. Investor Presentation Q3 & 9M FY19 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: 9M FY19 Standalone Performance
3 Hiranandani – The Walk, Mumbai, MMR 9M FY19 Standalone Performance
Slide 5: Key highlights for 9M FY19 (1/2)
4 Key highlights for 9M FY19 (1/2) ▪ Strong Financial performance: Total Income grew by 36% to ₹ 1,317 Crores as compared to ₹ 970 Crores in 9M FY18 EBITDA was ₹ 209 Crores as compared to ₹ 156 Crores during 9M FY18, growing by 34%, Margins were at 16% PAT grew by 24% to ₹ 70 Crores as compare
Slide 6: Key Highlights of 9M FY19 (2/2)
5 Key Highlights of 9M FY19 (2/2) Total Income (₹ in Cr.) EBITDA (₹ in Cr.) PAT (₹ in Cr.) Cash PAT (₹ in Cr.) 36% 34% 23% 41% 1,317 209 70 140 156 56 970 99 9M FY18 9M FY19 9M FY18 9M FY19 9M FY18 9M FY19 9M FY18 9M FY19 Net Working capital Days Including Retention Excluding Retention 95 89 65 84 8
Slide 7: Key Growth Drivers
6 Key Growth Drivers ▪ 2019 Budget Proposals: • Capital gains from sale of immovable property of upto Rs. 2 Crs. can now be invested in 2 Residential houses as against existing practice of exempting such income if invested in one house within a year • No tax on notional rent on second self-occupied
Slide 8: Growth in the face of challenges
7 Growth in the face of challenges Challenges faced by the sector Liquidity dried out for the real IL&FS issue NBFC’s facing liquidity crunch estate sector NGT ban on construction activities in North India Despite of the above Capacit'e posted robust performance Strong Order Inflow of ₹ 3,153 Crs To
Slide 9: Recent order wins driven by repeat orders and fresh orders from new marquee clients
8 Recent orders wins driven by repeat orders and fresh orders from new marquee clients Order Book as on 31st December 2018 Q3 FY19 Order Inflow Private Sector Private Sector 1 ₹ 7,086 Crores ▪ Order from Oberoi Realty of ₹ 705 Crores, for construction of 5 towers for Oberoi Garden City- Phase 3 proj
Slide 10: Order Book Details excluding MHADA
9 Order Book Details excluding MHADA (₹ In Crs) Order Backlog Project Split Category wise split 7,519 5,682 Other Buildings 4,289 Commercial & Institutional 2,266 2,805 1,693 18% 23% FY14 FY15 FY16 FY17 FY18 9M FY19 High Rises 46% & Super High Rises (₹ In Crs) Order Inflow 36% 1,346 1,132 907 825 77
Slide 11: Q3 & 9M FY19 Standalone Profit & Loss
10 Q3 & 9M FY19 Standalone Profit & Loss – Strong Financial Performance Particulars (₹ In Crs) Q3 FY19 Q3 FY18 Y-o-Y 9M FY19 9M FY18 Y-o-Y Revenue from Operations 449.4 366.5 22.6% 1290.0 954.7 35.1% Other Income 9.2 8.0 27.3 15.5 Total Income 458.6 374.5 22.4% 1317.3 970.2 35.8% Cost of Material Co
Slide 12: H1 FY19 Standalone Balance Sheet
11 H1 FY19 Standalone Balance Sheet - Strong Balance Sheet with low leverage ASSETS (₹ In Crs) Sep-18 Mar-18 EQUITY AND LIABILITIES (₹ In Crs) Sep-18 Mar-18 NON-CURRENT ASSETS 615 543 EQUITY 793 749 Property, plant & equipment 440 409 Capital work-in-progress Equity Share capital 68 68 5 0 Intangibl
Slide 13: Improvement in working capital levels with efficient collections and strong execution
12 Improvement in working capital levels with efficient collections and strong execution Debtors turnover days Inventory turnover days 151 70 120 120 125 67 120 58 60 105 55 91 98 89 88 107 91 72 69 7 FY15 FY16 FY17 FY18 9M FY19 FY15 FY16 FY17 FY18 9M FY19 Including Retention Excluding Retention Exc
Slide 14: Our Story
Our Story 13 Godrej Central – Mumbai, MMR
Slide 15: Capacit'e Infraprojects Ltd: Transforming Vision into Reality
14 Capacit'e Infraprojects Ltd: Transforming Vision into Reality Clientele Financials Marquee client base resulting into repeat Strong and well orders and yielding a Resources capitalized Balance Large Order book with Sheet & Financial high revenue visibility Ownership of Core Management Assets + Te
Slide 16: Ready to Capitalize on vast opportunities
15 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 17: Our Strategy: Focused Player in Buildings Segment
16 Our Strategy: Focused Player in Buildings Segment Specialist in High Rise & Super High Rise Focus on Building Construction Expand in Institutional & Commercial Grow Order book on Lock-and-key basis Bid for Design-Build & Public Projects Capitalize on RERA implementation Expand presence in Matured
Slide 18: Scalable Business Model on back of Best in Class Resources
17 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 19: Our FOCUS – To Create a Sustainable Future
18 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 20: Certifications & Awards
19 Certifications & Awards Certificate of Compliance Golden Peacock Award Integrated Management System Quality Management System ISO 9001:2008 Environmental Management System ISO 14001:2004 Occupational Health and Safety Management System OHSAS 18001:2007 CAPACIT'E INFRAPROJECTS LIMITED CAPACIT’E IN
Slide 21: Marquee Clientele… a testimony of our Execution Track record
20 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 22: Management & Board
Management & Board 21 Rustomjee Seasons, Mumbai, MMR
Slide 23: Experienced Promoters at the helm of affairs
22 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 24: Governed by a Strong Board of Directors
23 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 25: Our Creations
Our Creations 24 Paras Quartier, Gurgaon, NCR
Slide 26: Tata Trust Cancer Hospital (Varanasi)
25 Tata Trust Cancer Hospital (Varanasi) CAPACIT'E INFRAPROJECTS LIMITED CAPACIT’E INFRASTRUCTURES LIMITED
Slide 27: Wadhwa Group, H Mill - Tower 1 & 2 (MMR)
26 Wadhwa Group, H Mill - Tower 1 & 2 (MMR) CAPACIT'E INFRAPROJECTS LIMITED CAPACIT’E INFRASTRUCTURES LIMITED
Slide 28: Lodha, The Park (Trump Towers) (MMR)
27 Lodha, The Park (Trump Towers) (MMR) CAPACIT'E INFRAPROJECTS LIMITED CAPACIT’E INFRASTRUCTURES LIMITED
Slide 29: Lodha, One Altamount (MMR)
28 Lodha, One Altamount (MMR) Currently India’s Tallest Composite Residential Building “Completed” In India CAPACIT'E INFRAPROJECTS LIMITED CAPACIT’E INFRASTRUCTURES LIMITED
Slide 30: Saifee Burhani Upliftment Trust (MMR)
29 Saifee Burhani Upliftment Trust (MMR) Efficiently executing a huge project in the crowded vicinity of Bhendi Bazar comprising of narrow lanes CAPACIT'E INFRAPROJECTS LIMITED CAPACIT’E INFRASTRUCTURES LIMITED
Slide 31: Our Creations
30 Our Creations Bharti Worldmark, Century Breeze, Paras Quartier, Gurgaon Bengaluru Gurgaon, NCR Ozone Hyatt, Bengaluru CAPACIT'E INFRAPROJECTS LIMITED CAPACIT’E INFRASTRUCTURES LIMITED
Slide 32: Some Projects that we have Virtually Completed/ Delivered (1/3)
31 Some Projects that we have Virtually Completed/ Delivered (1/3) Seaview – Candor ▪ Commercial project at Sector 135, Noida ▪ Vertical height of the project is ~63 meters ▪ Project scope - construction of 3 towers with 02 Basements and Ground plus 14 floors ▪ Project executed for Seaview Developer
Slide 33: Some Projects that we have Virtually Completed/ Delivered (2/3)
32 Some Projects that we have Virtually Completed/ Delivered (2/3) Bharti Worldmark ▪ Commercial project executed for Bharti Airtel in Sector 65, Gurgaon ▪ Vertical Height of the structure is ~ 42 meters ▪ Project scope - construction of 4 towers with 2 Basements and Ground plus 14 floors Godrej Cen
Slide 34: Some Projects that we have Virtually Completed/ Delivered (3/3)
33 Some Projects that we have Virtually Completed/ Delivered (3/3) Sattva – Cadenza ▪ 7 Buildings, Build up area is 10.46 Lakh Sq. ft. ▪ Building Height is 70m ▪ Project Scope - Shell & Core and Blockwork, Tilling & Painting Provident – The Tree Hiranandani – The Walk ▪ 2 Buildings; Building 1 has 3
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 Financial Performance
38 Strong Financial Performance Total Income (₹ in Cr.) EBITDA (₹ in Cr.) 55% 1,360 76% 212 228 1,140 815 117 510 65 234 24 FY14 FY15 FY16 FY17 FY18 FY14 FY15 FY16 FY17 FY18 PAT (₹ in Cr.) Margins 18.6% 14.3% 16.7% 67% 79 69 12.7% 10.2% 44 27 5.4% 5.3% 6.1% 10 4.3% 5.8% FY14 FY15 FY16 FY17 FY18 FY14
Slide 40: Standalone Profit & Loss Statement
39 Standalone Profit & Loss Statement Particulars (₹ In Crs) FY18 FY17 FY16* Revenue from Operations 1,336 1,125 802 Other Income 24 15 13 Total Income 1,360 1,140 815 Cost of Material Consumed (Incl. Construction Expenses) 966 796 591 Employee Expenses 117 87 69 Other Expenses 49 46 37 EBITDA 228 2
Slide 41: Standalone Balance Sheet
40 Standalone Balance Sheet ASSETS (₹ In Crs) Mar’18 Mar’17 EQUITY AND LIABILITIES (₹ In Crs) Mar’18 Mar’17 NON-CURRENT ASSETS 543 381 EQUITY 749 299 Property, plant & equipment 409 324 Capital work-in-progress 0 7 Equity Share capital 68 44 Intangible assets 1 2 Other equity 682 255 Investments 19
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.