Slide 1: Corporate Presentation Dec 2013
CORPORATE PRESENTATION Dec, 2013 Simple solutions for complex structures 1 SIMPLEX INFRASTRUCTURES LTD.
Slide 2: Disclaimer
Disclaimer • Certain statements in this presentation concerning our future growth prospects are forward- looking statements, which are subject to a number of risks, uncertainties and assumptions that could cause actual results to differ materially from those contemplated in such forward-looking stat
Slide 3: Simplex Background
Simplex Background ● Established in 1924 and executed over 2600 projects. ● Presence pan-India and Overseas with over 200 ongoing projects. ● Presence across all Construction Verticals—Ground Engineering, Industrial, Building & Housing, Power—Thermal; Nuclear; Hydel; Power Transmission, Marine Ports
Slide 4: Milestones
Milestones 1992 - Built international class hotel 1993 - Went Public at Tashkent, Uzbekistan 1996 - Follow on public issue of Equity 1990 - Piling jobs in UAE – Abu shares & Rights Issue of POCD Dhabi 2000 – Added more construction 1960 - Foray into construction of Thermal verticals Power Plants ran
Slide 5: Simplex - Organisational Strength
Simplex - Organisational Strength • Promoters focussed solely on this business for nearly 7 decades. • Promoters hold 56% and FIIs & MFs holds 30%. • Some of the key investors include Funds like HDFC, Chrys Capital, SBI Bank & MF, Birla, UTI ,Tata, Templeton, GE, HSBC , General Insurance etc. • Long
Slide 6: Simplex - Business Strengths
Simplex - Business Strengths Risk-mitigated Business Model ● Risk-mitigated, well-diversified and spread out construction revenues ● The largest sector in revenues – Bldg & Hsg construction 24 %. ● The largest sector in order book – Bldg & Hsg construction 29%. ● Single Client exposure average 0.46%
Slide 7: Business Strength – Segments
Business Strength – Segments… ● Since 1924.Introduced Ground Engg. techniques in the Indian sub-continent. Ground ● Ground Engg. includes Piling - Driven cast-in-situ, Driven Precast RCC, Bored Engg. cast-in-situ RCC, Under-reamed, Diaphragm walls; Ground Strengthening. (6/6%)* ● Major orders : Guja
Slide 8: Business Strength - Segments (continued)
…. Business Strength - Segments ● Since 1940. Started with King George Docks in Mumbai ● Associated with many major ports in India and area of operations includes design Marine & const. of on-shore and off-shore structures. (1/1%)* ● Commissioned the largest ICTT Kochi for DP World , at JNPT for Mae
Slide 9: Business Strength – Diversity of Sales
Business Strength – Diversity of Sales Segments S a l e s (in %) Figures in % FY09 FY10 FY11 FY12 FY13 9MFY14 Piling & Ground Engg. 16 9 9 7 6 6 Industrial 24 20 14 11 10 11 Bldg. & Hsg. 12 11 9 12 18 24 Power 12 23 30 36 32 24 Marine 8 9 5 3 1 1 Roads 3 2 5 6 8 10 Railways 2 1 2 2 2 3 Bridges 11 15
Slide 10: Business Strength – Robust & Diverse New orders
Business Strength – Robust & Diverse New orders Order Inflow (in %) Segments FY08 FY09 FY10 FY11 FY12 FY13 Dec’13 Segment (%) 9 4 5 8 7 3 5 Piling 18 38 38 17 39 15 4 Power 19 22 22 9 3 5 8 Industrial 6 1 1 3 6 ` Marine ` ` ` 18 18 19 29 Road ` ` ` 4 1 2 7 Railways 14 4 3 9 1 19 6 Bridges 21 25 25 2
Slide 11: Business Strength – Diversified Order-book
Business Strength – Diversified Order-book…. FY09 FY10 FY11 FY12 FY13 Dec’13 Segment (%) 4 3 4 4 2 3 Piling Power 20 27 22 25 20 11 Industrial 19 19 16 11 8 6 Marine 6 3 2 1 3 3 Road 2 2 10 15 20 22 Railways 1 1 2 2 2 4 Bridges 15 9 9 5 9 11 Bldg & Hsg 15 21 22 29 26 29 Urban 18 15 13 8 10 11 100 10
Slide 12: Business Strength – Diversified Order-book
…..Business Strength – Diversified Order-book Segment FY09 FY10 FY11 FY12 FY13 Dec 13 (%) Govt 50 37 30 25 32 46 PPP 17 8 12 14 18 9 Private 33 55 58 61 50 45 Total(%) 100 100 100 100 100 100 Segment FY09 FY10 FY11 FY12 FY13 Dec 13 (%) Domestic 74 78 87 90 94 83 Foreign 26 22 13 10 6 17 Total(%) 100
Slide 13: Business Strength – Strong Bid Pipeline
Business Strength – Strong Bid Pipeline Segment (%) Dec’13 Segment (%) Dec’13 2 Piling Domestic 68 Power 25 Foreign 32 Industrial 20 Total(%) 100 Marine 4 Road 2 Segment (%) Dec’13 Railways 7 Bridges 13 Govt 28 Bldg & Hsg 18 PPP - Urban 9 Private 72 100 Total (%) Total(%) 100 25047 Amount (` Crs) 13
Slide 14: Simplex - Growth Drivers
Simplex - Growth Drivers… • 12th Plan Planned Capacity addition 90000 MW on existing 2.23,000 MW. • Next year target 28,000MW, By 2030, capacity needed 8,00,000 MW. Power • Availability of adequate and quality power for all, necessary for economic growth of 8%+ • Expected annual construction $20bn.
Slide 15: Simplex - Growth Drivers (continued)
.... Simplex - Growth Drivers • Vast coastline 7517 km, Improvement of existing berths & new terminals expected. • Planning Commission estimate investment $ 7 bn in FY14 Ports • Overall capacity to double to 800 MMT in next 6 years. • Share in Order book 3% and in bid pipeline 4%. • Proposal to set
Slide 16: Years' Financials - P & L
5 Years’ Financials - P & L (`. In Mn) PARTICULARS 2009-10 2010-11 2011-12 2012-13 9MFY14 Sales 45525 48753 60868 59999 41523 EBITDA 4700 5148 5544 5854 4694 OPM % 10.3% 10.6% 9.1% 9.8% 11.3% EBIT 3128 3479 3586 3793 3173 EBIT % 6.9% 7.1% 5.9% 6.3% 7.6% PBT 2006 2003 1273 829 640 % of Sales 4.4% 4.1
Slide 17: Years' Financials – Balance Sheet
5 Years’ Financials – Balance Sheet (`. in Mns) Particulars 31.03.2010 31.03.2011 31.03.2012 31.03.2013 31.12.2013 Sources of Funds Net Worth 10715 12323 13960 14894 16130 Loans 13024 16607 21318 26784 28772 Capital Employed 23739 28930 35278 41678 44902 Application of Funds Gross Block 12958 15361
Slide 18: Marquee Clientele
Marquee Clientele MSRDC NPCIL AAI MMRDA 18 SIMPLEX INFRASTRUCTURES LTD.
Slide 19: Simplex - Key Projects
Simplex - Key Projects Ground Engineering Industrial Building & Housing Power Marine Roads, Railways & Bridges Urban Infra 19 SIMPLEX INFRASTRUCTURES LTD.
Slide 20: Thank You
Thank You Website: www.simplexinfra.com Contact: Mr. Naresh Rathi- Email: naresh.rathi@simplexinfra.net, Mobile: +91 9836588088 Scrip Codes: NSE – SIMPLEXINF, BSE – 523838, Reuters – SMCP.BO, Bloomberg - SINFIN 20 SIMPLEX INFRASTRUCTURES LTD.