Slide 1: Ramky Infrastructure Limited Company Presentation
Ramky Infrastructure Limited Company Presentation MAY 2011
Slide 2: Agenda
Agenda Corporate profile Industry overview Strengths and growth strategy 1
Slide 3: The Corporate profile
The Corporate profile 5DPN\,QIUDVWUXFWXUH/LPLWHG ³5DPN\´RUWKH³&RPSDQ\´ LVDQ Ramky snapshot integrated construction and infrastructure development and management company with a pan-India presence Ramky operates in two principal business segments: ± Construction business ± Developer business which
Slide 4: The construction business profile
The construction business profile Include water treatment plants, water transmission and Closing order book (INR m) distribution systems, elevated and ground level service Water & Waste reservoirs, sewage treatment plants, common effluent Water treatment plant, tertiary treatment plants, undergrou
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 50,000 synchronization of supply chain, logistics, 41,981 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, 30,000 construction, operation & maintenance solutions to 24,4
Slide 7: Developer business profile
Developer business profile Project cost / Completion date/ Name of subsidiary estimated project Scheduled Description 5DPN\¶VLQWHUHVW cost in INR m completion date Ramky Pharma City (India) Limited 5,205 Completed Project under operational stage. (51%) Ramky MIDC Agro Processing Park In the proc
Slide 8: Net worth details of key subsidiaries
Net worth details of key subsidiaries Net Worth (in INR Mn as S. No. Company of 31st March 2011) 1 Ramky Pharmacity (India) Ltd 940.65 2 MDDA Ramky IS Bus Terminal Ltd 115.52 3 Gwalior Bypass Project Ltd 1155.44 4 Ramky Engineering and Consulting Services (FZC) 278.59 5 Ramky Elsamex Hyderabad Ring
Slide 9: 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 10: Agenda
Agenda Corporate profile Industry overview Strengths and growth strategy 9
Slide 11: Overview of Indian infrastructure sector
Overview of Indian infrastructure sector Key highlights Despite the slowdown, investment in India has remained relatively stable with the ratio of fixed investment to GDP increasing to 8.1% of GDP in FY2011 compared to 7.8 % in FY2010 Investments in construction ± FLUFDRI,QGLD¶V*'3 FLUFDRIWKHJUR
Slide 12: Government playing a crucial role in Ramky's core sectors
*RYHUQPHQWSOD\LQJDFUXFLDOUROHLQ5DPN\¶V core sectors Government incentives to infrastructure sector Permitting FDI up to 100% in companies engaged in construction development projects in housing, commercial premises, resorts, educational institutions, recreational facilities, townships and city and
Slide 13: Agenda
Agenda Corporate profile Industry overview Strengths and growth strategy 12
Slide 14: 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 01/07/2011 14:08:54 ± 13
Slide 15: Execution efficiency
1 Execution efficiency Execution keeping pace with order book (INR m) Two reasons mainly contributed to increase in margins ± Economies of scale 74,317 80,000 ± Well established processes for execution 59,238 60,000 Man power Machinery 36,887 40,000 27,305 2,429 full-time employees of Maintain
Slide 16: Diversified sectorial and geographical focus - Order Book
2 Diversified sectorial and geographical focus ± Order Book % order book Value of order book: INR 109,988m Central Int'l 7% 0% Power 6% Irrigation Buildings 14% 17% South Industrial North 39% 6% WWW 32% 19% Roads & Bridges West East 38% 11% 11% Subsidiary Works Private 24% 30% State Cash Government
Slide 17: Diversified sectorial and geographical focus - Revenue
3 Diversified sectorial and geographical focus ± Revenue % FY2010 revenue (FY 11) Construction revenue: 27305 Power Irrigation Central Int'l 10% 5% Buildings 8% 1% 21% Industrial 6% North South 18% 42% West 23% East Roads & 8% Bridges 26% WWW 32% Central Subsidiaries Government 13% 6% Private 22% St
Slide 18: Geography wise new orders - since 2006
0.00 1000.00 2000.00 3000.00 4000.00 5000.00 6000.00 7000.00 4 80.00 123.14 139.29 434.31 FY'06 244.35 1021.09 Central Zone 244.41 219.67 227.32 680.45 FY'07 156.14 East Zone 1527.99 453.00 251.66 208.98 2233.53 FY'08 394.05 North Zone 3541.23 0.00 178.34 148.30 New orders bagged since 2006 2537.46
Slide 19: Benefits of parentage
5 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 20: Independent board & experienced management team
6 Independent board & experienced management team Ramky Board of Directors 27 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 21: Strong financial profile
7 Strong financial profile Income (INR m) and EBITDA margin Networth (INRm) & ROE 8,890 24.4% 27,305 7.6% 9.7% 7.8% 10.8% 21.1% 19.0% 18,613 10.0% 17.1% 20.1% 14,304 4,263 10,292 3,220 2,541 7,111 2,030 FY 07 FY 08 FY 09 FY 10 FY11 FY 07 FY 08 FY 09 FY 10 FY11 Income EBITDA margin (%) PAT margin (%)
Slide 22: 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 23: Key investment highlights
Key investment highlights Construction expenditure is expected to double to INR37,357 bn during 2010-11 to 2014-15 Infrastructure sector period versus INR 22,057 bn during the 2005-06 to 2009-10 period Large addressable opportunity Between FY2010 and FY2014, government spending on roads alone is
Slide 24: Key financials - P&L
Key financials ± P&L Standalone financials INRm FY 07 FY 08 FY 09 FY10 FY 11 Revenue ** 7111 10292 14304 18613 27305 Growth rate 87.27% 44.73% 38.98% 30.12% 46.70% EBITDA 767 1039 1462 2016 2999 EBITDA margin 10.79% 10.10% 10.22% 10.83% 10.98% PBT 534 702 835 1300 2122 PBT margin 7.51% 6.82% 5.84% 6
Slide 25: Key Financials - Balance Sheet
Key Financials- Balance Sheet Particulars Standalone Consolidated INRm FY 07 FY 08 FY 09 FY 10 FY 11 FY 07 FY 08 FY 09 FY 10 FY 11 Net worth 2030 2541 3220 4263 8890 2032 2553 4261 5549 10647 Minority Interest -- -- -- -- -- 94 665 867 1480 1716 EPS 7.96 10.49 13.75 21.09 29.57 8.17 10.58 16.86 26.0
Slide 26: Post-issue Share holding pattern
Post-issue Share holding pattern Our investors Share Holding pattern As of IPO listing date Category # of shares % Promoter group(A) 38,238,967 66.85% Institutions(B) Mutual Funds/UTI 1,750,611 Financial Institutions/Banks 606,066 FIIs 4,082,830 Venture Capital Funds 291,420 Insurance companies 1,10
Slide 27: Thank you!
Thank you! 26