Il&fs Transportation Networks Limited · NSE:IL&FSTRANS
Il&fs Transportation Networks — Earnings Presentation (February 2013)
33 slides from Il&fs Transportation Networks's earnings presentation, Feb 4, 2013
Slide 1: IL&FS Transportation Networks Limited Analyst Presentation - February 2013
IL&FS Transportation Networks Limited Analyst Presentation - February 2013 February 04, 2013
Slide 2: ! " ! " ! # $ # # # # ! !% #
! " ! " ! # $ # # # # ! !% # & # & & & & # & # " " & " # ' (# ' $ (# ' ) & (# ' && (# !# $ " $ ! * & " " # # & && * & ! # (& # ! " & # & # & " & ! ! + , , # " , , ! " & & , , " " ) &" # &" # " & )
Slide 3: # $ % -." " / -0 - -1 , -2 -2 , -4
# $ % -." " / -0 - -1 2 , -2 3 -2 , -4 - - -% 2 , -2 3 - -. -2 -2 / -5 - -2 % -+ -3 &- - -6$ - -4 -% - -. -2 , 7 - -0 - -/ -8 & -2 3 -2 ,
Slide 4: " ) + # !, ! "# $ $ % * # &''' $
" ) + # !, ! "# $ $ % * # &''' $ * ( $" % )* + "$ ' & # ( # " # , + %& & % ) # # # % $ +! , # # - % $ . +/ . . +- - 0 $ 1 ! #, % , , ## # !" " " # # # $ " # # + + ! + % " & ' () # * +% , ' & ' ()#
Slide 5: + ! .. + - -:;#<<< - -;=- , - - * - -
+ ! .. 8 - - - - - - 9 + - -:;#<<<- - - - -;=- , - - - - - - 9 - - - - - * - - #- - - - * -3 - - -2 , - 9 . - ->?#@A: - - - & #- &- - - - , 9 2 , - - - - & - - - &-2 & - - 9 - - - $ - - - - - - 9 6$ - - &- -" -1 " - - -4 2 - -7 - - - -1 " 9 -B & -% - -, -" - - - - -/ #-1 , #-3 , - - C 0" - - * - 9 2
Slide 6: DE!?F : - :<<F : - @E!GF -
-/ 0 1# / ' 0 % ." % ." - , % ." $ " -/ -6$ - 1 , - -3 - @E!GF - H * 7 - D<F - -3 - - GD!EF DE!?F: - 4 -2 -6$ - 3 -8 -3 - -. -2 ! !- + -1 , -6 :<<F: :<<F: 1 & ?D!EF :<<F " % -3 - - -2 ! -7 & - ;?!=F: 82-7 -% -2 -I ?:F ?<F !- :<<F % 3 2 -I B ) & 3 -3 - A=F 7 1 3 - :<<F - -C - C 8 - " - - - D<F :<<F %
Slide 7: J-3 -2 , • 0" -7. ;=- - , - " &-:;#:D: - -:G
2 J-3 -2 , • 0" -7. - - -;=- - , - " &-:;#:D:- - - - -:G- - - / & - • - $- - 4 -N- - - - - -- , - -" - & - - " 7 3 0%.3- / - - C -3 - - 7 0 " * % 2 - % -- + % -- 2 ' ' " 8 - - 7 &-- C -3 - C 0 " * - B -. - 4 % ." 2 3 &-3 3 0%.3-* L K B - $ 3 - 3 -6 $- % M B ) & "1 B 3 &-3 " - 42------------- % -3 *
Slide 8: - -> INR ;:=E-
. 2, ' 5 ' 7" 5 ' % ." ) 4 - -B -O -0 " -4 - BO 04 8 - - -0 - - - -0 -% - % - - B*@- -1 & I -=!D- 2 , -% - ->-INR :<@@- - - - - -DD- -* - - - - , ->?D!EF -% &- -5=-*;<:;*:E-I % - - - & 5 ' 7" 5 ' % ." : ;" ' <) 8 - - -3 -8 - - -??*?G- -1 & - &- -1 -% - 4 -G!?- - &- - -1 & %70 2 , -% - -> INR ;:=E- -
Slide 9: &N ->INR :E#?<<- I
. 2- # 1 " 7% ! " 2 " 1% % ." = - - -1 " - -8 -2 % - - - - -?:F #-;=- - * - -82- - - " & 3 " - -I - - - -" #- &- #- &N &- ! ! - - - - - - - " - - % - - ->:;!?- - ->;- - - !-2 , - ->INR :E#?<<- 2 ' 5 , % 1 % ." I - -B -8 -% ( 7 &- -8 &- - - - - - - - ) ! 3 " - - &- - - - - ?<F- - - * - - - - - - - 3
Slide 10: INR $ : " 1 < : INR 7' ' < : INR 7'
' " & " " 1 * + , + - INR $ + / 0 . + !$ " ( ' " 2 8 ", '" > % ." / '0 % ." 0 " : " 1 < : INR 7' ' < : INR 7' ' < 8 & -B & -I - G#<D@ 8 & -B & * 1 3 GD@ @#:;G % - - - EE#=@< % - - - -C /- B4 - 4 - E@ EA#;<< C - - &- - -6 - B4 - 4 - ;G; @#;=< C - - &- A#=<< - -4 - -42- 1 42 @@@ :A#G<? - -4 - :<#G<< 8
Slide 11: Composition of the Indian Road Sector
' " - . - *2 /! 3 4 + !!! % ( ," ? " :' B < B02* :#A@; B02* H :G#E;D B02*H ;#=;< 4302* 6 ;: # C # $ 5. 6 ( # % &' &+ ! Composition of the Indian Road Sector (%) – (‘000 kms) • ( # ' ' 1 E!E • & # ;F # =<F P " !" # $ !" # %& '% # ( )' ' #'*' # • . ;=F & *
Slide 12: E ;#D@G ?EE
& " . 3 ( .5 !8 %% 3 5 % (" :% E '6' ' < 5 E (" :% " E '6' ' < % ." " ( :1 < 2 :INR 7 < % ." " ( :1 < 2 :INR 7 < B4 ;: ;#D@G :#;D#GDG ;: ;#=E; ;#EA#D=< = ?EE :E#@;< E ;<E @#E;< 8.3 : GE ;#:<#<<< 73. : := @D#=;< # C D C C * #* #C # C C*
Slide 13: (INR mn) (INR mn) RoE (%)
" 41 5 6 7 &% / (8 9 (INR mn) (INR mn) , , , , , , , , , , , , + + - . - . - . - . - . (- . - . - . - . - . - . (- . ! . (. 48 9 (7 ) & 8 9 (INR mn) RoE (%) (INR mn) RoCE (%) , / , / , , / , / , / , , , / / , , , / , / , + / + / - . - . - . - . - . (- . - . - . - . - . - . (- . ! !
Slide 14: (INR mn) (INR mn) RoE (%)
" 4 5 6 7 &% / (8 9 (INR mn) (INR mn) , , , , , , , , , , , , + + - . - . - . - . - . (- . - . - . - . - . - . (- . ! . (. 48 9 (7 ) & 8 9 RoE (%) (INR mn) (INR mn) RoCE (%) , / , / , , / / , , , / / , , / / , , / , / + / + / - . - . - . - . - . (- . - . - . - . - . - . (- . ! !
Slide 15: :/ 6'( " ' INR B"0 % F
. "" * /# /# :/ 6'( " ' INR ' ' < 2 ' " " B"0 % "" E F E F # 2 (" E F E F # 2 (" 3 " - C* :;#G@= EDF DC C**# G@F . - ## ;DA @F # *# EDF 67 04- C D E#?<= E@F C C E<F 67 04-8 & - # # # L #C C ?EF C * =@F 0 - ## *D E<F #D # AF 2 -7 - $- C C :DF * :=F %/ 6" ' ' 0' " " C :DF * GF 0 *# '# &#,# ' ' 1 **& *
Slide 16: :#A@? ;<F 3 =D=
' 6 78 6 7 &4 :' INR ' ' < :' INR ' ' < , , # , # , A;F , A<F D , @=F , + (- . (- . 8- . (- . (- . 8- . % - - . 8- . % -% 6 - 4 - -1 -6$ • % " EDF • " 67 04 & & 5E " ;<F & D8 3 !. 67 04 :#A@? 3 =D= " ! D8 3 ;<D D8 K:; • D8 K:E# , " 7 , #7 • % & 3 =?E 5E / & / % , 5; K:E " , "
Slide 17: D8 K:;# D8 E:F
1 ' 6 78 6 7 &4 :' INR ' ' < :' INR ' ' < ?<#<<<- , G#ED?- =<#<<<- , E#G:D- E<#<<<- , ;<#<<<- * ;#;;D- , *D #C#* # C # # C :<#<<<- , C *D #C DC # * + D7 F # D7 F E F D7 F # D7 F E F ! " # $% &'( ) 2 ' 2 $ " $ " ' ( ; " " 0"" / ' " " ; • & D8 E:F • $ " D8 K:;# " ! 67 04 & " " AGF N " N & D8 K:E • 0 &
Slide 18: -E:*0 *:;- - 3-:E#G?A- - - 3-E:#AGG-
! 79 ) :' 35 ' ' < :' 35 ' ' < , 4 , 4 C# # C* 4 , , C 4 #C# D 4 , , D 4 4 , , * 4 , 4 , 4 C C * , # C#* # C , 4 DC # C # C # C * 4 , , 4 + 4 + 4 - . 8- . 8- . 8- . - . 8- . 8- . 8- . !' 93 9 3+:; &" !' 93 9 3+:; &" • 0 6 " & • " & " & * N " , • * & & 2H * , • & & $ " ! -6 -% - - $ &- , - - - 3-:E#G
Slide 19: ;E#=== C# C DD DA#D??
# : $ 2 ' 1 " ' ' ( ," ";" " - - : INR ' ' >8 " " ," ># #< .- - , DA#D?? .- , - - - - & *:- , ;E#=== 62 ' 1 " ' ' ( ," ";" " C# C DD A' B '5' # < '5' # 2 , - % >'# 4 / #6?4 4 = / 4 / * 5' # 5')*# @ - 4 / 4 / =4 / $ !# - * % %)# #' 2 4 / * ! '# &- ' '" 4 / 3* - - < ( 4 / " % # ( "5' # $ =4 / 4 / ( '#
Slide 20: :/ 6'( " ' INR ' 0 ' E F
' 6 1 " - ' & " $ 7 :/ 6'( " ' INR ' ' < % ." " $ " ' /4" (" 8 ' 0 2 " ' E F E# F E F 4 8 3 -1 , - :!A< :!A< :!A< H B -3 -1 , - :!;@ :!;= :!:@ - -7 & - O2 - ;!;= ;!E; ;!?E 8 & -B & -I 3 , - ?!A< ?!EE ?!GG 3 , - -C I1 1 , - :!;? :!<G :!E? 7 1 3 , - <!=A <!=? <!?< K -B -6$ @!=E @!A@ @!@< 4=-4 " - ;!A:
Slide 21: H G B
/ 6 % $ 8 35 ' ' ' 5"4" " 3 3 " 6 " % ." # > # > D # D> # > # > # " 4 -8 -3 - : *<E 1 , G:= GG< A=A @?< :<EA ; H B 3 -1 , . *<< E -7 & - O2 *<: ?=A G?D A<G GDG AA= 8 & -B & -* 3 , - = 8 *<@ DE ?=G @;G :<GE :?=@ 2 -* 3 , - -C *1 ? 8 *<@ :;: ;;? E:; EEA E@< 1 , G 7 1 3 , 4 &*:< * D= :G@ C #C D #C D C
Slide 22: %7 #-B I - -:D@A- - -CH-
; / / :7 7 - - -:D@A- - -CH- - -% -7 - - - : ! %7 #-B &-0 " - -% - - B0 % - -O - - - -O - - )- - , - - - - - - " - - , - . -6+ I . - - - & - - #- , - " - - & - ::F ;F " - &- " - &#- , - &#- , - %-. - " #- & - - #- - -7 - - ;GF & #- - " - - - - " - & -1 - -AF I - * " - , - &- #- & #- #- #- - % -7 - #
Slide 23: < . # # + + - . ;< &,' & - + .
< . # # 2 7 + + - . ;< &,' & 3 - + . / 0 4 ) 3 - 567 47&3 . 0 3 - 2 3 . / 0 4) 3 - #''( . / 0 1' 35 - . 0 "#
Slide 24: " = .! " " " " 8' " > " " " 8'
78 " = .! " " " " 8' " 3 > " " " 8' " 0 & 0 & 8 -0 - 8 -3 " - % #- % P-- -% #- B4 2 0 & 8 -B - H -% - -80#- 8 -3%- -H -% - -80#- 8 -4 -0 " - 8 -4 -/- - C -8 & &-0 #- % - 8 -H "-/ - 1 -% - " -. #- 8 -B2-C -2 - #- 8 -2 -2 8 & &-0 #- 7% 1 " - -1 , 8 -/-3 8 & &-0 8 -0 - -8 & &-0 - -%6.#- B0 %- 8 -8 - 6$
Slide 25: Management team
+ , / 9* 6 9 B - - " -E:- - - $ - - - - - - " - . - Mukund Sapre 9 B - - " -;@- - - $ - - - !- Executive Director Harish Mathur 9 B - " -E=- - - $ - -" - - - , !- Chief Executive George Cherian 9 B - - " -EG- - - $ - - &- - !-3 - - - -4 &- Chief Financial Officer #- -% - - -2 & V. K. Raina 9 B - - "
Slide 26: Road Projects
Road Projects
Slide 27: B ; " ? 0 ' ' " :3 B < B4
. -2 , 3 B 1 " . ; " ? 0 G & 5 / " , > 7" 3 " 6% ." 3 ' ! ' (" :3 !2 < ; " ? 0 ' ' " :3 B < ' '" : < : 52 < 5 : 52 < 4 B4 B4 . 04 1 " !- -1 , 1 " !- -1 , / 1 , 0 - - 1 , 1 , 7. - 4 2 , - -/ =A; E@D G< :D< EEE 2 , -% - 3 -8 ?#DD? ;#A?@ ?#@@@ :#A<D E#=;; 0 -. &- - E#E=? :#AG; @@? :#=@@ 0 -E:#-;<:E- 3
Slide 28: B4 8.3 B BO 04
. -2 , / % " ; " ? 0 ' 4 2' 0 7"( &'( ? 0 % ." !" ? '5 &0 " , ; " ? 0 3 " 6% ." :/% < 5 :% " < : 58 2 < 5 . :5 8 2$ 5< : 5 82 < : & < 4 B4 /3 7 1 " !- -3 , 8.3 B BO 04 4 -2 / 3 , 3 , 4 -2 7. - 4 4 4 2 , - -/ E;@ ?: ;:<G ;=@ :AE 2 , -% - 3 -8 @#G;D :#<@E :G#?<< E#??< =#;A@ 0 -. &- - G#=;E =?G :A#?E?
Slide 29: Transportation Status — Project under Construction
ZXILEFS | Transportation Status — Project under Construction IL&FS Transportation Networks Limited | Construction Progress | Scheduled Project Completion Date | | raeetepeet pce | TROCL II ] | Aue-13 a HREL | li Jan-13 i TRDCL I! | i Mar-13 oe . ‘ : Be RPRII | 11 Marts otf Projects getting operation
Slide 30: H " :H5% 2 < 1.C
2 , -O - ' 4 2' 0 H 1 / "" " % " 5 7"( &'( ? 0 % ." C & I ', ( 5 ' 3 " 6% ." 5 :% " < 5 8 "4" " 8 "4" " 2 0 5 . :/ ' ' < ; " ? 0 ' '" :&5 < : 58 2 < % ( " :H5% 2 < ' ' " :% 58 2 < :5 8 2$ 5< 4 /3 7 1.C B4 B4 1 " !- -3 , / C C 8 3 , 7. - 4 4 4 2 , - -/ :<A =GG E:D ?A: A:? 2 , -% - 3 -8 ;#G;G :G#;D< :
Slide 31: B4 O H
2 , -O - 2 7 , ! "' 0 2 " '>3 ' H , ' ( 3 1" 0>/ 1' 7 % ! " 2 " 1 % 3 " 6% ." 2! 5 < :7! < :23 < :H < :3 /7 < :7%!28 2 < 4 2+ 0#-8 B4 B4 B4 1 " !- -4 -2 8230% 8 O -2 C - -/ 4 - -8 & 4 -2 8 -2 7. - 4 4 -% 2 , - -/ ;A? ?;; E@ ;G; @@@ 4 2 , -% - 3 -8 G#@@G :D#@EG EA#;<< @#;=< :A#G<? :E#?<< 0 -. &- - -
Slide 32: B :H5% 2 < B
2 , -O - 2 ', B 2 ?1 / '0 B B' 3" 2 ?1 B ( ! " ? !" ?" ' 3 " 6% ." '1 !'1 " 5 :H5% 2 < 5 :H5% 2 < :B3 < 5 :!B < :/ ' ' < 4 1 " -C 1 " -C B4 B4 8 3 B 8 3 B C C B -2 + 7 & - -. 3 , 3 , 7. - 4 4 2 , - -/ :EA!= G<!= E;A =AA ?=< ;:A 2 , -% - 3 -8 =#D:< ;#=;< ;;#D:< G#G<< @#?<= :;#<<< 0 -. &- - - -0 - - -
Slide 33: @A && & ?B BBBB @A && & ?& BACA D
# 3 * - : :;&&+ 8 + 9$ : < 1 + . $ " = >'' '? 5 @A && & ?B BBBB <5 @A && & ?& BACA 1 5 % D *
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