Capacit'e Infraprojects Ltd. · NSE:CAPACITE
Capacit'e Infraprojects — Q3 FY2021 Earnings Presentation
33 slides from Capacit'e Infraprojects's earnings presentation, Feb 11, 2021
Slide 1: Cover letter to stock exchanges
CAPACIT'E INFRAPROJECTS TIMITED Ref : CIUSTEX 3O/Q3FY21 Date : February 11,2021 To The Secretary, i The Secretary, BSE Limited I National Stock Exchange of lndia Limited Dept, Corporate relation I etot No. C/1, G Block, P.J.Towers, I Bandra Kurla Complex Dalalstreet, Fort, ; Bandra (East) Mumbai.400
Slide 2: Capacit'e Infraprojects Ltd. Investor Presentation Q3 FY21
Oberoi, Enigma, MMR Capacit'e Infraprojects Ltd. On a Long-term Growth Path… Investor Presentation Q3 FY21 February 2021 1
Slide 3: Safe Harbor
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 any
Slide 4: Q3 FY21 Standalone Performance
Q3 FY21 Standalone Performance
Slide 5: Our Strategic focus… scale up execution
Our Strategic focus… scale up execution Order Book (In ₹) Orderbook where work commenced ~9,145 Crores ~100% Public Order Book Contribution Private Order Book Contribution Marquee Clients contribution in Private Orderbook 60% 40% Over 80% CIDCO, MCGM & Others Large Developers with Strong Balance Obe
Slide 6: Business Momentum picking up
Business Momentum picking up Revenue from Operations (₹ In Crores) 405 Impact of CoVID-19 307 306 +69% 181 24 Q3FY20 Q4FY20 Q1FY21 Q2FY21 Q3FY21 Q4FY21 Expect significant recovery in execution in coming quarters 5 CAPACIT’E INFRASTRUCTURES LIMITED
Slide 7: Increasing EBITDA and PAT…gradually returning to normalcy
Increasing EBITDA and PAT…gradually returning to normalcy EBITDA (₹ In Crores) PAT (₹ In Crores) 77 24 15 60 53 PAT +32% 4 5 45 EBITDA -18 -42 Q3FY20 Q4FY20 Q1FY21 Q2FY21 Q3FY21 Q3FY20 Q4FY20 Q1FY21 Q2FY21 Q3FY21 With pick up in execution, witnessing operating leverage benefits 6 CAPACIT’E INFRASTRU
Slide 8: Working capital efforts
Working capital efforts Debtor (₹ In Cr) Collections (₹ In Cr) Creditor (₹ in Crs) Working Capital (₹ in Crs) -92 362 -96.7 -17 570 464 597 581 490 477 271 519 367 332 83 Q1FY21 Q2FY21 Q3FY21 Q1FY21 Q2FY21 Q3FY21 Q1FY21 Q2FY21 Q3FY21 Q1FY21 Q2FY21 Q3FY21 • Witnessed sequential improvement in our Deb
Slide 9: Healthy Order Book to support Revenue uptick
Healthy Order Book to support Revenue uptick ▪ Diversified Orderbook across (Standalone) (Under an Integrated SPV) clientele ▪ Execution focus on projects for marquee clients in private & public sector, profitable working capital cycle and Public Private ` MHADA projects with last mile Sector Sector
Slide 10: Order Book Details as on 31st December 2020
Order Book Details as on 31st December 2020 (₹ In Crs) Order Backlog Project Split Category wise split 10,484 9,145 7,177 5,682 High Rises 4,289 Residential & Super High Rises FY17 FY18 FY19 FY20 9MFY21 27% 24% (₹ In Crs) Order Inflow 57% 19% 73% 6,001 Mixed 3,629 Other Buildings Commercial 2446 Use
Slide 11: Q3 FY21 Financial highlights
Q3 FY21 Financial highlights Total Income (₹ in Cr.) EBITDA (₹ in Cr.) PBT (₹ in Cr.) 60 21 311 45 +65.9% +32.3% +237.9% 188 6 Q2FY21 Q3FY21 Q2FY21 Q3FY21 Q2FY21 Q3FY21 PAT (₹ in Cr.) Cash PAT (₹ in Cr.) 15 43 +234.9% 32 +34.9% 5 Q2FY21 Q3FY21 Q2FY21 Q3FY21 10 CAPACIT’E INFRASTRUCTURES LIMITED
Slide 12: Q3FY21 Standalone Profit & Loss
Q3FY21 Standalone Profit & Loss Particulars (₹ In Crs) Q3 FY21 Q3 FY20 Y-o-Y Q2 FY21 Q-o-Q 9M FY21 9M FY20 Y-o-Y Revenue from Operations 305.8 404.9 -24.5% 181.3 68.7% 510.8 1221.5 -58.2% Other Income 5.3 4.9 6.2 16.7 19.8 Total Income 311.1 409.8 -24.1% 187.5 65.9% 527.4 1241.3 -57.5% Cost of Mater
Slide 13: Strong Standalone Balance Sheet
Strong Standalone Balance Sheet ASSETS (₹ In Crs) Sept-20 Mar-20 EQUITY AND LIABILITIES (₹ In Crs) Sept-20 Mar-20 NON-CURRENT ASSETS 963 942 EQUITY 890 926 Property, plant & equipment: 624 646 Core Assets 411 424 Equity Share capital 68 68 Site Establishment 187 194 Other equity 822 858 Other Fixed
Slide 14: Industry Dynamics to benefit organized large players
Industry Dynamics to benefit organized large players Government focus on infrastructure creation coupled with 1 Government Push favourable policies for the Real estate sector augurs well and will provide sustained uptick in execution over the next few quarters Consolidation in the private sector wil
Slide 15: Our Business Model
Our Business Model
Slide 16: Developed our service portfolio by capturing the complexities
Developed our service portfolio by capturing the complexities … CAPACIT'E is unlike a commoditized construction company… “We do our business DIFFERENTLY” 2018 Onwards High Rise 2016 Onwards Super High Rise High Rise Gated Communities 2014 Onwards Super High Rise Commercial Office Gated Communities M
Slide 17: ... & built a sustainable model
... & built a sustainable model Sustainable Model: Timely Orderbook Execution + Technology Focus + Large Opportunity = SUSTAINABLE PROFITABILITY Factory & Buildings Continuous Risk Large Leveraging Maximization (F&B) Approach Mitigation Opportunity Ecosystem Maximize existing Assets & human resource
Slide 18: Hybrid Service Portfolio = Private + Public
Hybrid Service Portfolio = Private + Public Opportunity Enhances the multi fold construction opportunity in the world’s fastest growing economy, for a young company as Capacit'e Efficiency Benefit from the Large Central Schemes of the Government aimed Hybrid Service Portfolio towards Better Hospital
Slide 19: Hybrid Service Portfolio – Builds Diversity
Hybrid Service Portfolio – Builds Diversity FY18 FY19 FY20 9MFY21 Public Public Public 0% 13% 13% Sector wise Split Private 40% Private Private Public Private 87% 87% 60% 100% Public Order Book Public Order Book Public Order Book ₹ 915 Crores ₹ 5,713 Crores ₹ 5,526 Crores Orderbook Size Private Orde
Slide 20: Strategic Priorities
Strategic Priorities Marquee Clientele Account Groups Design & Build Lean Balance Sheet Cash Flows Work with Large and Liquid Deepen the culture of account Design & Build projects, Most sustainable Strong Cash Flow Focus leading public & private sector driven approach, in which we attracting lump su
Slide 21: Project Profile
Project Profile
Slide 22: Tata Trust Cancer Hospital (Varanasi)
Tata Trust Cancer Hospital (Varanasi) 21 CAPACIT’E INFRASTRUCTURES LIMITED
Slide 23: Our Creations (1/6)
Our Creations (1/6) Lodha The Park, Oberoi The Enigma, Nahar Exallibur, Mumbai MMR Mumbai MMR Mumbai MMR 22 CAPACIT’E INFRASTRUCTURES LIMITED
Slide 24: Our Creations (2/6)
Our Creations (2/6) Godrej Emerald, Auris Serenity, Mumbai MMR Mumbai MMR 23 CAPACIT’E INFRASTRUCTURES LIMITED
Slide 25: Our Creations (4/6)
Our Creations (4/6) Bharti Worldmark, Emmar Imperial, NCR NCR 24 CAPACIT’E INFRASTRUCTURES LIMITED
Slide 26: Our Creations (5/6)
Our Creations (5/6) Rustomjee seasons, Sir Ganga Ram Hospital – Multi Level Car Park, Wadhwa W54, Mumbai MMR Delhi Mumbai, MMR 25 CAPACIT’E INFRASTRUCTURES LIMITED
Slide 27: Our Creations (6/6)
Our Creations (6/6) Four Seasons, Sahana Sheth BEAU-MONTE, Brookfield, Mumbai MMR Mumbai MMR NCR 26 CAPACIT’E INFRASTRUCTURES LIMITED
Slide 28: Key Delivered Marquee Projects
Key Delivered Marquee Projects Lodha – The Park Saifee Burhani Upliftment Trust Tata Trust – Cancer Hospital Brookfield – Unitech developers MLCP* Godrej – Central Brookfield – Seaview Developers Phase 1 Godrej – Summit Sattava Group – Sattva Salarpuria Cadenza Hiranandani – The Walk Bharti Land – W
Slide 29: Strong Financials to Achieve Growth
Strong Financials to Achieve Growth On A Long-term Growth Path…
Slide 30: Robust Order Book making us ready…for the future growth…
Robust Order Book making us ready…for the future growth… Order Book to Sales Ratio Order Book (₹ in Cr.) Ex of MHADA (No. of years) 6.7 10,484 9,145 7,177 4.2 3.8 3.9 5,682 FY18 FY19 FY20 9MFY21 FY17 FY18 FY19 FY20 29 CAPACIT’E INFRASTRUCTURES LIMITED
Slide 31: Profit & Loss Statement
Profit & Loss Statement Particulars (₹ In Crs) FY20 FY19 FY18 FY17 Revenue from Operations 1529 1,788 1,336 1,125 Other Income 25 37 24 15 Total Income 1554 1825 1,360 1,140 Cost of Material Consumed (Incl. Construction Expenses) 1064 1,320 966 796 Employee Expenses 137 146 117 87 Other Expenses 71
Slide 32: Balance Sheet
Balance Sheet ASSETS (₹ In Crs) Mar’20 Mar’19 Mar’18 Mar’17 EQUITY AND LIABILITIES (₹ In Crs) Mar’20 Mar’19 Mar’18 Mar’17 NON-CURRENT ASSETS 942 728 543 381 EQUITY 926 843 749 299 Property, plant & equipment 646 539 409 324 Equity Share capital 68 68 68 44 Capital work-in-progress 5 4 0 7 Other equi
Slide 33: For further information, please contact
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. Vinit Vora ir@capacite.in sh
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