Ashoka Buildcon Limited · NSE:ASHOKA
Ashoka Buildcon — Q3 FY2021 Earnings Presentation
17 slides from Ashoka Buildcon's earnings presentation, Feb 6, 2021
Slide 1: Result Update Presentation covering letter to exchanges
ASH Ki Ashoka Buildcon Limited To, To, The Manager, The Manager, The Department of Corporate Services The Listing Department Bombay Stock Exchange Limited National Stock Exchange of India Limited Floor 25, P. J. Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Mumbai —400 001 Bandra (East
Slide 2: Developing Infrastructure for Better Tomorrow - Result Update Q3FY21
Developing Infrastructure for Better Tomorrow | | | RESULT UPDATE PRESENTATION | Q3FY21
Slide 3: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Ashoka Buildcon Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securi
Slide 4: Standalone Profitability Highlights
Standalone Profitability Highlights Rs mn Q3 FY21 Q3 FY20 Y-o-Y(%) Q2 FY21 Q-o-Q(%) 9M FY21 9M FY20 Y-o-Y(%) Total Income from Operations 9,807 9,836 8,775 24,306 26,827 Other Income 473 369 498 1,454 1,103 Revenue 10,280 10,205 0.7% 9,273 10.9% 25,760 27,930 -7.8% Operating Expenses 8,752 8,592 7,4
Slide 5: Consolidated Profitability Highlights
Consolidated Profitability Highlights Rs mn Q3 FY21 Q3 FY20 Y-o-Y(%) Q2 FY21 Q-o-Q(%) 9M FY21 9M FY20 Y-o-Y(%) Total Income from Operations 13,055 12,804 11,893 32,561 34,863 Other Income 256 229 287 855 568 Revenue 13,311 13,033 2.1% 12,180 9.3% 33,417 35,431 -5.7% Operating Expenses 8,892 9,020 7,
Slide 6: Debt Profile as of December 2020
Debt Profile as of December 2020 Consolidated Debt (Rs. Mn) Consolidated Cash & Bank Balance (Rs. Mn) Project Debt incl. ACL NCD Standalone Debt Standalone Cash & Bank Balance 5,410 59,757 5,059 56,433 4,808 55,807 2,385 2,240 3,496 53,422 54,193 56,261 1,795 1,024 687 Jun'20 Sep'20 Dec'20 Jun'20 Se
Slide 7: EPC Business Highlights
ASHGKA EPC BUSINESS HIGHLIGHTS
Slide 8: EPC order backlog of Rs. 91.5 bn, 2.2 x FY20 Revenue
EPC order backlog of Rs. 91.5 bn, 2.2 x FY20 Revenue Current Order backlog of Rs. 91.5 bn Segment Rs. Mn Segment Rs. Mn Roads Others HAM 39,234 HAM: Tumkur-ShivamogaIV, Karnataka 8,520 Power T&D & Others 14,655 HAM: Tumkur - Shivamoga II, Karnataka 5,978 Bihar 3,016 HAM: Tumkur-Shivamoga III, Karnat
Slide 9: Order Book- Break-up
Order Book- Break-up 0.9% 93,000 7.6% 91,515 83,792 86,168 80,924 16.0% 42.9% 32.7% Dec'19 Mar'20 Jun'20 Sep'20 Balance Orderbook Road HAM Road EPC Power T&D & Others Railways CGD Figures in Rs Mn 8
Slide 10: HAM Project Portfolio - Status
HAM Project Portfolio - Status Estimated Equity % Stake Estimated Total Debt Projects Status TPC Equity Invested (ACL/ABL) Debt Drawn* (including PIM) (including PIM)* Kharar-Ludhiana 100% COD(P) 14,500 2,100 6,000 2,113 5,155 Ranastalam-Anandpuram 100% COD(P) 10,399 1,554 4,150 1,521 3,670 Vadodara
Slide 11: EPC business financial performance
EPC business financial performance Figures in Rs Mn Revenue# EBITDA and EBITDA Margin 15% 15% 16% 18% 18% 39,363 40,824 7,306 6,309 25,461 25,760 20,852 4,638 3,912 3,146 FY17 FY18 FY19 FY20 9MFY21 FY17 FY18 FY19 FY20 9MFY21 PAT and PAT Margin Order Book 8% 9% 7% 9% 10% 91,515 83,940 83,792 70,047 3
Slide 12: Development Business
ASHGKA DEVELOPMENT BUSINESS
Slide 13: Gross toll collection
Gross toll collection Rs mn Q3 FY21 Q3 FY20 Y-o-Y(%) Q2 FY21 Q-o-Q(%) ACL BOT Projects Belgaum Dharwad 277.0 234.0 18.4% 201.2 37.7% Dhankuni - Kharagpur 1,070.2 906.6 18.1% 933.1 14.7% Bhandara 213.9 179.6 19.1% 179.0 19.5% Durg 236.6 199.7 18.5% 196.9 20.2% Jaora - Nayagaon 448.9 438.6 2.3% 424.4
Slide 14: Toll collection: ACL projects
Toll collection: ACL projects Company Ashoka Belgaum Dharwad Tollway Ltd. Company Ashoka Dhankuni Karagpur Tollway Ltd. Project Belgaum Dharwad Project Project Dhankuni Karagpur Project Period 2018-19 2019-20 2020-21 % rise Period 2018-19 2019-20 2020-21 % rise April-June 229.9 236.8 117.6 -50.3% Ap
Slide 15: Toll collection: ACL projects
Toll collection: ACL projects Company Jaora - Nayagaon Toll Road Company Pvt Ltd. Project Jaora – Nayagaon Road Project Period 2018-19 2019-20 2020-21 % rise April-June 516.4 459.8 225.3 -51.0% July-Sept 516.4 432.4 424.4 -1.9% Oct-Dec 497.4 438.6 448.9 2.3% Jan-Mar 489.7 423.5 - - 2,019.9 1,754.3 1
Slide 16: Toll collection: ABL owned projects
Toll collection: ABL owned projects Company Abhijeet Ashoka Infrastructure Pvt. Ltd. Ashoka DSC Katni Bypass Road Ltd. Project Wainganga Bridge Katni Road Project Period 2018-19 2019-20 2020-21 % rise 2018-19 2019-20 2020-21 % rise April-June 74.7 76.5 48.7 -36.3% 58.1 59.9 46.6 -22.2% July-Sept 71.
Slide 17: For further information, please contact
FOR FURTHER INFORMATION, PLEASE CONTACT: Ashoka Buildcon Limited Mr. Paresh Mehta paresh.mehta@ashokabuildcon.com CIN : L45200MH1993PLC071970 S. No. 861, Ashoka House, Ashoka Marg, Nashik - 422 011 Tel. No. 0253 - 6633705 www.ashokabuildcon.com Stellar IR Advisors Pvt. Ltd. Mr. Gaurang Vasani / Ms.