J. Kumar Infraprojects Limited · NSE:JKIL
J. Kumar Infraprojects — Investor Presentation (June 2022)
38 slides from J. Kumar Infraprojects's investor presentation, Jun 29, 2022
Slide 1: Exchange filing cover letter
-------- T 'I J . KumGIT' Infmprojeds LtJ. We dream... So we achieve ... Corp. Off.: J. Kumar House, CTS No. 448, 448/1, 449, Subhash Road, Vue Parle (E), Mumbai- 400 057, Maharashtra, INDIA. Ph.: +91-22-6871 7900 • E-mail : info@jkumar.com • Website: www.jkumar.com J. Kumar CIN: L74210MH1999PLC1228
Slide 2: J. Kumar Infraprojects Ltd. Corporate Presentation June 2022
J. Kumar Infraprojects Ltd. Corporate Presentation June 2022
Slide 3: At a glance
At a glance PAN India Flyovers & Metro Quality 30+ Ongoing 1999 Presence Bridges Projects Execution Projects 7,000* Incorporated Established presence Constructed Amongst few Currently Strong Delivering Quality to undertake in states of most of the construction executing 30+ Employee Projects, Timely
Slide 4: Our Business Segments
Our Business Segments Metro Flyovers & Bridges Roads & Highways Civil & Others Water & Tunnel ➢Underground Metro ➢Flyovers ➢Roads ➢Hospitals / Medical Colleges ➢Water projects ➢Elevated Metro ➢Bridges ➢Highways ➢Railway Terminus & Stations ➢Sewerage ➢Metro Elevated Stations ➢Pedestrian Subways ➢Expr
Slide 5: Vision of a Billion $ Company
Mumbai Elevated Metro Line 2 Vision of a Billion $ Company 4
Slide 6: Journey & Vision towards a Billion $ company
Journey & Vision towards a Billion $ company 1980 - 1999 1999 - 2008 2008 - 2022 2022 & Beyond Founding & Well Established Institutionalization Vision Incorporation Infrastructure player ➢ Mr. Jagdishkumar M. Gupta, ➢ IPO in 2008 & got Listed on NSE/BSE ➢ Marquee Underground & Elevated ➢ Increasing
Slide 7: Establishing J. Kumar 1980 - 2008
Establishing J. Kumar 1980 - 2008 6
Slide 8: An Infrastructure company in the making
An Infrastructure company in the making Founding, Incorporation & Institutionalization ➢ Mr. Jagdishkumar M. Gupta setup his ➢ JKIL was incorporated in 1999 proprietorship concern under the name of ➢ IPO in 2008 & got Listed on NSE/BSE J. Kumar & Co. in 1980 ➢ Crossed ₹ 200 Cr revenue mark in FY08 ➢
Slide 9: Transformation from a Contractor to an Urban Infrastructure player
Transformation from a Contractor to an Urban Infrastructure player 2008 - 2022 8
Slide 10: Well Established Urban Infrastructure Player (2008 to 2022)
Well Established Urban Infrastructure Player (2008 to 2022) A leap from Revenue of ~₹ 200 Cr in FY08 to PAT of ~₹ 200 Cr in FY22 Revenue Profit Order Book Strong Financial ~22% ~18% ~22% Discipline CAGR of ~22%, CAGR of ~18%, CAGR of ~22%, Net debt free company from ₹ 214 Cr to from ₹ 19 Cr to from
Slide 11: Robust Order book & Growing Revenue
Robust Order book & Growing Revenue Order Book (₹ Cr) Revenue (₹ Cr) Order Book & Revenue 3,527 11,936 Revenue ➢ Order grew by CAGR of ~22% crossed 1,343 ➢ Revenue also grew ₹ 3,500 Cr 3,024 by CAGR of ~22% 738 214 In FY 22 FY 08 FY 15 FY 22 FY 08 FY 15 FY 22 Order Book by Delhi Geography Maharashtr
Slide 12: Diversified Order book & Revenue trends
Diversified Order book & Revenue trends Order Book by Flyovers, Flyovers, Segment Bridges & Metro Bridges & Roads 93% 28% Roads ➢ Started with Flyovers, 31% roads & bridges Civil & FY10 FY15 FY22 ➢ Now diversified into Piling & Others 26% Metro projects, Other Civil & expressways, etc 6% Others Irri
Slide 13: Leveraging in-house equipment bank
Leveraging in-house equipment bank Tunnel Boring Machine (TBM) Hydraulic Piling Rig Casting Yard - Elevated Metro Casting Yard – Underground Metro Dumper / Tipper RMC Plant Straddle Carriers Launching Girder ➢ Own 7 TBMs(only company in India), 2 Straddle Carriers, 44 Hydraulic Piling Rigs, etc. ➢ S
Slide 14: Prestigious Projects completed in FY22
Prestigious Projects completed in FY22 Bringing Pride to the Nation - Delivering Projects of National Importance Mumbai Metro Line 7 Mumbai Metro Line 2 A JNPT Flyovers & Road ➢ Mumbai Metro Line 7 – Dahisar ➢ Mumbai Metro Line 2A – Dahisar ➢ JNPT Port Connectivity between East and Andheri – 13 prop
Slide 15: Marquee Completed Projects
Marquee Completed Projects Mumbai Metro Line 7 Mumbai Metro Line 2A Delhi Underground Metro Delhi Elevated Metro Ahmedabad Metro Panjarapole Flyover Grant road Skywalk ESIC (Hospital & Medical College) Alwar ➢ JKIL’s First Underground & Elevated metro in Delhi ➢ 500 bed hospital cum medical college
Slide 16: Key Ongoing Projects
Key Ongoing Projects Mumbai Underground Metro Line 3 Mumbai Metro Line 4A Mumbai Metro Line 2B Mumbai Metro Line 6 Metro Roads, Expressways, Flyover & Bridges ➢ Mumbai Metro Line 2A ➢ Mumbai Metro Line 2B ➢ Chhedanagar Flyover ➢ Mumbai Metro Line 3 ➢ Kalwa Bridge Thane ➢ Mumbai Metro Line 4A ➢ Motag
Slide 17: Key Ongoing Projects
Key Ongoing Projects RML, Lucknow Dwarka Expressway Airoli Creek Bridge SCLR Flyover Kalwa Bridge Thane Sewri Worli Elevated 16
Slide 18: Many Firsts & Unique projects
Many Firsts & Unique projects Tunnel Boring Elevated metro Straddle Carrier Box Pushing method Machines (TBM) precast Only company in India 1st company to build 1st company to bring 1st company to with 7 TBMs for Metro an entire Elevated Straddle carrier in India construct cross projects Station by
Slide 19: Experienced & Visionary Leadership
Experienced & Visionary Leadership Mr. Jagdishkumar M. Gupta Mr. Kamal J. Gupta Dr. Nalin J. Gupta Executive Chairman Managing Director Managing Director ➢ 50+ years of experience in Infrastructure ➢ Bachelor in Civil Engineering, joined JKIL in ➢ Commerce Graduate & Member of Indian sector 1996 hav
Slide 20: Strong Focused Management Team
Strong Focused Management Team Mayank Kumar Jain Rajendra Kumar Sharma Ravindra M Kulkarni Head – Central Planning & Head Transportation-Project Vice President (IT, Admin & HR) Monitoring Group S.M. Thorat Rajan Sharma Puneet Srivastava Vice President (Projects) Head – Projects Head - Planning Arvin
Slide 21: Improving Financial Indicators
Improving Financial Indicators Revenue (₹ Cr) EBITDA (₹ Cr ) & EBITDA Margin % 3,527 600 15.6% 15.7% 15.7% 17.0% 14.4% 14.3% 2,971 500 15.0% 2,787 2,571 12.1% 400 13.0% 2,051 1,604 300 11.0% 200 9.0% 100 7.0% 251 321 436 429 311 505 0 5.0% FY17 FY 18 FY 19 FY 20 FY 21 FY 22 FY17 FY 18 FY 19 FY 20 FY
Slide 22: Strong Financial Metrics
Strong Financial Metrics Asset Turnover Ratio Working Capital Days 4.5 164 3.6 3.5 124 124 122 127 3.1 3.2 115 2.9 FY 17 FY 18 FY 19 FY 20 FY 21 FY 22 FY 17 FY 18 FY 19 FY 20 FY 21 FY 22 ROE (%) EPS (₹) ROCE (%) 11.1% 10.5% 27.21 10.4% 23.4 24.26 16.3% 9.1% 15.5% 7.7% 18.05 12.4% 13.3% 13.6% 14.18 7
Slide 23: Net Debt free company
Net Debt free company Long term Debt (₹ Cr) Short term Debt (₹ Cr) Gross Debt (₹ Cr) 124 407 531 431 -52 72 -47 -100 360 FY 21 FY 22 FY 21 FY 22 FY 21 FY 22 Strong Credit Rating Debt Equity Ratio Continuous Debt Reduction A+,, Stable A+ 0.41 JKIL is now a 0.37 Net debt free company India Ratings Ind
Slide 24: Key Strengths
Key Strengths Bidding Eligibility Larger Project Execution Timely Completion ➢ Built Bidding capacity for larger projects ➢ Undertaking & Execution of ➢ Impeccable Track record of ➢ Amongst Top 5 EPC players eligible to Large & complex projects such as completing complex projects undertake U/G Metro
Slide 25: Vision 2027 - Billion $ company
Vision 2027 - Billion $ company 24
Slide 26: Moved into our Dream Office - J. Kumar House
Moved into our Dream Office - J. Kumar House ➢ New Corporate building – J. Kumar House ➢ Equipped with state of the art amenities like Health club, Dining area, Cafeteria, Landscape area, etc 25
Slide 27: Favourable Sector Outlook
Favourable Sector Outlook ₹ 111 trillion ₹ 3 trillion ₹ ~1.99 trillion ~600 Mn Indians Metro Projects Greater need for NIP 2020-2025 Roads Proposed Metro Projected infrastructure Total expenditure on investment under the Expenditure on Ministry of Road Transport & In next 10 years, ~600 Mn National
Slide 28: Journey towards Billion $ mark
Journey towards Billion $ mark Growth Envisaged in ₹ 11,936 cr ₹ 20,000+ cr Order Book Order book as on Expected Order Book in FY27 VISION March 31, 2022 2027 Metro Projects Flyover, Bridges & Roads Metro projects Billion $ Focus segments STP, Sewerage & Water Projects to be the major Tunnels contri
Slide 29: Strengthening the Business
Strengthening the Business Larger Complex projects Focus on owning high value equipment ➢ Increased Bidding capacity on ➢ Hiring small value equipment standalone basis ➢ Optimum utilisation improving efficiency Segment Diversification Better Financial Discipline ➢ Venturing into new segments like ➢
Slide 30: Building the Organisation
Building the Organisation 01 01 05 All projects are now Individual Profit Centres with Talent Identification via Internal assessment & defined project management hierarchy, funding appraisals for career growth mechanism, etc. 02 06 Constituted Centralised Planning & Monitoring Continuous ERP upgrada
Slide 31: Reinforcing Governance
Reinforcing Governance 01 ESG / SHE Reconstituted the Board by induction of ➢ Safety spend of ~1% of project cost ➢ Periodic training for Safety, Health & new independent directors Environment 02 ➢ Ample Tree plantations at all project sites Continuous engagement with top consultants ➢ Due concern t
Slide 32: Prestigious Clientele
Prestigious Clientele J. Kumar ~ RAILWAYS METRO & €} ~ ~ tc;r ctil(q)~~l'1 ~ DELHI METRO RAIL CORPORATION LTD. MMRC PONE METBO C/DCO WE MAKE CITIES iliioo FLYOVER & BRIDGES MSRDC OTHERS Earning the respect and admiration of clients 31
Slide 33: Awards & Accolades
Awards & Accolades J. Kumar II - EXCELL·E·N-CIEIIii-iiii. (nspect Cf!'e 'l lifi ca te iiiiiiiiiii AWARD ~mlBAI RAil\VA~ VIm CORPORATION This Certificate of.F.xccllence in Productivity, J. Kumar lnfraprojects ltd. Quality, Innovation & Manage ment Presented by CER'ffilCATB OF APPRCCIAJ'lON Dr. Dhisma
Slide 34: Profit & Loss
Profit & Loss Particulars (₹ Cr) FY17 FY18 FY19 FY20 FY21 FY22 CAGR Revenue from Operations 1,604 2,051 2,787 2,971 2,571 3,527 17% Cost of Material Consumed 966 1,209 1,720 1,817 1,612 2,268 Employee Expenses 127 197 248 299 231 279 Other Expenses 261 324 383 426 416 475 EBIDTA 251 321 436 429 311
Slide 35: Balance Sheet
Balance Sheet As at As at As at As at Particulars (₹ Cr) Particulars (₹ Cr) Mar 2022 Mar 2021 Mar 2022 Mar 2021 ASSETS EQUITY AND LIABILITIES Non-Current Assets Equity Property, plant and equipment 790 806 Equity Share Capital 38 38 Capital work-in-progress 152 150 Other Equity 2,049 1,849 Total - S
Slide 36: Cash Flow Statement
Cash Flow Statement Particulars (₹ Cr) FY22 FY21 PBT 283 89 Adjustments 226 230 Operating profit before working capital changes 509 318 Changes in working capital (65) 90 Cash generated from operations 444 408 Direct taxes paid (net of refund) (63) (40) Net Cash from Operating Activities 381 369 Net
Slide 37: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by J. Kumar 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 any se
Slide 38: Thank You
Thank You J. Kumar Infraprojects Ltd. Ernst &Young LLP Marathon Capital Advisory Pvt. Ltd. Mr. Madan Biyani (CFO) Mr. Vikash Verma – vikash.verma1@in.ey.com Dr. Rahul Porwal Email: madan.biyani@jkumar.com Ms. Jeevika Hemani - jeevika.hemani@in.ey.com Email : rahul@marathoncapital.in www.jkumar.com M
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