Slide 1: Investor Presentation
Investor Presentation KNR Constructions Limited May Partnering India’s 2023 Growth Story
Slide 2: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by KNR Constructions 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 secu
Slide 3: Key Highlights & Result Update
Key Highlights & Result Update
Slide 4: Key Highlights
Key Highlights ❑ Signing of Concession Agreement for KNR Sriranganatha Infra Private Limited (Mysore to Kushalnagara Section of NH-275 – Package V) ✓ Concession Agreement signed on 22nd May 2023 ✓ Letter of Award was issued on 10th March 2023 ✓ Total Bid Project Cost of Rs. 6,903 million ❑ Signing o
Slide 5: Standalone Financial Highlights
Standalone Financial Highlights Rs. Million Revenue EBITDA EBITDA Margins PAT +16% +2% -260 BPS +14% 11,756 2,080 2,119 20.6% 1,286 10,107 18.0% 1,128 Quarter 4 Q4 FY22 Q4 FY23 Q4 FY22 Q4 FY23 Q4 FY22 Q4 FY23 Q4 FY22 Q4 FY23 Revenue EBITDA EBITDA Margins PAT* +14% +6% -140 bps +31% 37,438 7,217 20.7
Slide 6: Standalone Financial Results
Standalone Financial Results Standalone Rs. Million Q4 FY23 Q4 FY22 YoY Q3 FY23 QoQ FY23 FY22 YoY Total Revenue 11,755.9 10,107.4 16% 8,302.0 42% 37,437.9 32,726.0 14% Operating Expenses 8,175.2 7,049.7 5,652.3 25,795.4 21,972.1 Employees Expenses 410.2 409.7 444.6 1,709.9 1,447.7 Other Expenditure
Slide 7: Standalone Balance Sheet
Standalone Balance Sheet ASSETS (Rs. Million) Mar-23 Mar-22 EQUITY & LIABILITIES (Rs. Million) Mar-23 Mar-22 Non-Current Assets Equity Property, plant and equipment 4,084.1 4,143.9 Capital work-in-progress 25.1 206.2 Equity Share capital 562.5 562.5 Right of Use Asset 69.2 93.1 Other equity 26,780.3
Slide 8: Consolidated Financial Results
Consolidated Financial Results Consolidated Rs. Million Q4 FY23 Q4 FY22 YoY Q3 FY23 QoQ FY23 FY22 YoY Total Revenue 12,453.3 11,020.8 13% 8,749.3 42% 40,623.6 36,058.3 13% Operating Expenses 8,484.4 7,094.6 5,676.5 26,320.1 22,265.7 Employees Expenses 411.9 418.2 448.9 1,742.1 1,460.5 Other Expendit
Slide 9: Consolidated Balance Sheet
Consolidated Balance Sheet ASSETS (Rs. Million) Mar-23 Mar-22 EQUITY & LIABILITIES (Rs. Million) Mar-23 Mar-22 Non-Current Assets Equity Property, plant and equipment 4,480.3 4,579.5 Equity Share capital 562.5 562.5 Capital work-in-progress 25.1 206.2 Instruments entirely equity in nature 85.0 85.0
Slide 10: Cash Flow Statement
Cash Flow Statement Standalone Consolidated Particulars (Rs. Million) Year ended 31- Year ended 31- Year ended 31- Year ended 31- Mar-23 Mar-22 Mar-23 Mar-22 Net Profit Before Tax 7,050.7 5,787.9 6,812.5 5,633.8 Adjustments for: Non-Cash Items / Other Investment or Financial Items 430.1 1,130.0 995.
Slide 11: Standalone Net Working Capital Days
Standalone Net Working Capital Days 82 79 67 69 63 52 48 53 53 55 57 52 52 40 43 41 36 45 28 26 23 25 23 18 20 19 20 20 20 16 16 15 15 15 17 16 13 14 14 7 98 10 66 45 64 51 74 53 39 12 45 40 78 117 95 96 Mar-10 Mar-11 Mar-12 Mar-13 Mar-14 Mar-15 Mar-16 Mar-17 Mar-18 Mar-19 Mar-20 Mar-21 Mar-22 Mar-2
Slide 12: Business Overview
Business Overview
Slide 13: Business Overview
Business Overview ❑ One of the leading companies providing Engineering, Procurement and Construction (EPC) services ▪ Major Projects in Roads & Highways – one of the fast-growing sectors ▪ Established presence in Irrigation and Urban Water Infrastructure Management Vision ❑ 25+ years of experience o
Slide 14: Transformation
Transformation Bagged 1st BOT Project in Bagged an EPC Project worth Incorporated & Karnataka worth Rs. 4,420 mn; Bagged 2nd BOT project IPO & Listed on Rs. 9,371 mn for Madurai – 1995 Commenced EPC 2006 Entry into Urban water 2007 worth Rs.5,920mn in 2008 BSE and NSE 2013 Ramanathapuram Section of
Slide 15: Top Management
Top Management Mr. K. Narasimha Reddy – Mr. K. Jalandhar Reddy – Founder Promoter & Managing Director Promoter & Executive Director ▪ Over 50 years of experience in the Highway sector ▪ Over 25 years of experience in the Highway and ▪ Started career in 1968 and engaged in the business of infrastruct
Slide 16: Supported by Professional Team
Supported by Professional Team ▪ A Bachelor of Engineering (BE) from MITS Gwalior (MP) with Over 40 years of total experience with ~20 years of Mr. T.L. Verma experience in Highway sector (Sr. Vice President - Projects) ▪ Working with the company since 2006 on various projects i.e. Bridges and Highw
Slide 17: Key Business Strengths
Key Business Strengths
Slide 18: 1. Project Execution Capabilities
1. Project Execution Capabilities ❑ Top management’s active involvement at all stages of Project execution ▪ Selection of Major Raw Material ▪ Selection of construction Camp location ❑ Faster Decision making to ensure project completion on schedule ❑ Received Bonus for completion of construction ahe
Slide 19: Pan India Project Execution Capability
Pan India Project Execution Capability* Sr. No. State No. of Projects Project Value (Rs. Mn) 1 Tamil Nadu 12 36,530 2 Karnataka 13 17,149 Arunachal Haryana Pradesh 3 Kerala 2 17,068 Assam 4 AP & Telangana 27 13,099 Uttar Pradesh 5 Madhya Pradesh 5 5,189 Gujarat 6 Uttar Pradesh 10 4,549 Madhya Prades
Slide 20: Project Execution Highlights
Project Execution Highlights Cement Concrete Road ▪ Completed Widening to 4/6 lanes and Strengthening of Existing two lane carriageway of NH – 5 in the State of Orissa for a length of 56.0 Kms with total contract value of work is Rs 2,310 mn ▪ Existing road was widened & strengthened with flexible p
Slide 21: 2. In-house Construction Equipment
2. In-house Construction Equipment Sr. No. Machinery Quantity Sr. No. Machinery Quantity 1 Tippers & Tankers 1305 15 Tractors 46 2 Excavators 395 16 Transformers 32 3 Generators 271 17 Crushers 31 4 Concrete Mixers And Pumps 202 18 Trailers 31 5 Compactors 138 19 Dozers 28 6 Drillers & Breakers 106
Slide 22: 3. In-house Execution Team
3. In-house Execution Team 5% Total Employees* Project Engineering 2,275 28% Site Supervision 36% Site Engineers 8% Equipment Operators Admin & Office Staff 23% IN-HOUSE TEAM OF QUALIFIED AND EXPERIENCED EMPLOYEES LED BY PROVEN MANAGEMENT TEAM * as on March 31, 2023 22
Slide 23: 4. Host of Marque Clients
4. Host of Marque Clients National Andhra Pradesh Ministry of Hyderabad Karnataka Karnataka Road Highways Road Development Road Transport Growth State Highway Development Authority of Corporation & Highways Corridor Improvement Corporation India (NHAI) (APRDC) (MoRTH) Limited (HGCL) Project (KSHIP)
Slide 24: BOT Portfolio
BOT Portfolio
Slide 25: BOT Portfolio – Annuity Projects
BOT Portfolio – Annuity Projects Particulars Patel KNR Infrastructures limited (PKIL) Patel KNR Heavy Infrastructures Limited (PKHIL) Stake 40% 40% Project Details Project Type Road-Annuity Road-Annuity State Karnataka Telangana JV Partner PEL PEIL Client NHAI NHAI Length (KM) 60.0 53.0 Concession S
Slide 26: BOT Portfolio – Toll Project
BOT Portfolio – Toll Project Particulars KNR Muzaffarpur Barauni Tollway Private Limited Stake 51% Project Type Road-Toll Project Details State Bihar JV Partner JKM Infra Project Ltd Client NHAI No of Lanes Two Length(KM) 108 Concession Start Date 8th July 2012 Concession Period 21 Years Terms Sched
Slide 27: HAM Portfolio
HAM Portfolio Magadi - Oddanchatram - Ramanattukara - Valanchery - Particulars Chittor -Thatchur Somwarpet Madathukulam Valanchery Kappirikkad KNR Somwarpet Infra KNR Palani Infra KNR Ramanattukara Infra KNR Guruvayur Infra Pvt. KNR Ramagiri Infra Pvt. SPV Name Pvt. Ltd. Pvt. Ltd. Pvt. Ltd. Ltd. Ltd
Slide 28: Order Book & Business Strategy
Order Book & Business Strategy
Slide 29: Order-book Highlights
Order-book Highlights Key Projects Rs. Mn Order Book Break-up Ramanattukara to Valanchery bypass project (HAM) 13,169 Valanchery Bypass to Kappirikkad project (HAM) 11,734 36% 50% 50% 11% Development of Six lane Chittoor-Thatchur Highway 7,650 (HAM) 3% Bangalore-Mangalore Project (Periya Shanthi to
Slide 30: Order-book: State-wise
Order-book: State-wise Karnataka No of Projects 4 Balance Value Rs. 10,403 mn AP & Telangana No of Projects 15 Kerala Balance Value Rs. 26,018 mn No of Projects 2 Balance Value Rs. 24,904 mn Tamil Nadu No of Projects 5 Balance Value Rs. 9,596 mn Disclaimer: Maps not to scale. All data, information,
Slide 31: Recently Won Projects
Recently Won Projects Rs. million 17,800 88,721 Rs. Million New Projects (Excluding GST) Development of six lane access controlled Greenfield Highway from Marripudi (ch. 285+500) to Somvarappadu (ch. 314+600) of [NH-544G] Bengaluru-Vijayawada economic corridor on HAM Mode under 5,800* 70,921 Bharatm
Slide 32: Orderbook Breakup - Rs. 88,721 Mn
Orderbook Breakup - Rs. 88,721 Mn Order Book Break-up 28% 61% 40% 9% 2% Captive (HAM Projects) State Govt. Central Govt. Others Segment Wise Split Region Wise Split Roads (Others) 21% Irrigation 18% South 100% Roads (HAM) 61% 32
Slide 33: Business Strategy
Business Strategy Focus on Projects involving Higher degree of engineering skills 03 Focus on securing EPC Continuously explores contracts from reputed growth opportunities by Clients and forming strategic Joint Concessionaire Ventures (JVs) 02 04 Capitalise on Opportunity Execute all the projects o
Slide 34: Financial Highlights
Financial Highlights
Slide 35: Standalone Financial Highlights
Standalone Financial Highlights Financial 2010* 2011* 2012* 2013* 2014* 2015* 2016^ 2017^ 2018^ 2019^ 2020^ 2021^ 2022^ 2023^ Year Rs. 7,125 Rs. 7,930 Rs. 7,505 Rs. 6,921 Rs. 8,348 Rs. 8,761 Rs. 9,025 Rs. 15,411 Rs. 19,317 Rs.21,373 Rs. 22,442 Rs. 27,026 Rs. 32,726 Rs. 37,438 Turnover $118.6 $132.0
Slide 36: Standalone Financial Highlights
Standalone Financial Highlights Revenue & EBITDA (Margin %) EBITDA 15.7% 17.1% 17.8% 16.8% 15.1% 14.4% 16.9% 14.9% 19.9% 20.0% 21.7% 19.8% 20.7% 19.3% Margin (%) 37,438 32,726 27,026 21,373 22,442 19,317 15,411 EBITDA 7,125 7,930 7,505 6,921 8,348 8,761 9,026 6,777 7,217 Revenue 3,839 4,270 4,871 5,
Slide 37: Shareholding Pattern as on 31st March 2023
Shareholding Pattern as on 31st March 2023 Shareholders Holding more than 1% of the Equity % to Equity (Other than Promoters) 8.59% HDFC Mutual Fund 6.59% DSP Mutual Fund 6.44% SBI Mutual Fund 2.82% ICICI Prudential Mutual Fund 2.17% HSBC Mutual Fund 2.13% 34.59% 51.09% Invesco Mutual Fund 1.91% Fra
Slide 38: For further information, please contact
For further information, please contact Company : Investor Relations Advisors : KNR Constructions Ltd. Strategic Growth Advisors Pvt. Ltd. CIN: L74210TG1995PLC130199 CIN: U74140MH2010PTC204285 Mr. K. Venkata Ram Rao Mr. Jigar Kavaiya / Ms. Devika Shah (GM - Finance & Accounts) +91-9920602034 / +91-9