Kec International Ltd. · NSE:KEC
Kec International — Q1 FY24 Earnings Presentation
23 slides from Kec International's earnings presentation, Aug 3, 2023
Slide 1: Regulation 30 cover letter to stock exchanges
KEC INTERNATIONAL LTD. RPG House 463, Dr. Annie Besant Road Worli, Mumbai 400030, India +91 22 66670200 kecindia@kecrpg.com www.kecrpg.com August 03, 2023 National Stock Exchange of India Limited BSE Limited Exchange Plaza Phiroze Jeejeebhoy Towers Bandra Kurla Complex Dalal Street, Fort Bandra (Eas
Slide 2: KEC International Limited Investor Presentation – Q1 FY24
KEC International Limited Investor Presentation – Q1 FY24 0 3 A ug 2 0 2 3 Power T & D Civil Railways Oil & Gas Pipelines Solar Cables
Slide 3: Disclaimer
Disclaimer This presentation may include statements which may constitute forward-looking statements. All statements that address expectations or projections about the future, including, but not limited to, statements about the strategy for growth, business development, market position, expenditures,
Slide 4: Overview – RPG Group & KEC International
1 Overview – RPG Group & KEC International 500 kV Bang Saphan 2 – Surat Thani 2 Transmission Line, Thailand 3
Slide 5: RPG Group: Powered by Passion, Driven by Ethics
RPG Group: Powered by Passion, Driven by Ethics UNLEASHTALENT RPG Enterprises was founded in 1979. The group currently operates various businesses in Infrastructure, Technology, Life Sciences, Plantations and Tyre industries. The group has business history dating back to TOUCHLIVES 1820 AD in bankin
Slide 6: KEC International: Building Infrastructure for the World of Tomorrow
KEC International : Building Infrastructure for the World of Tomorrow Transmission Oil & Gas Railways Civil Urban Infra Solar Cables & Distribution Pipelines 7+ FOOTPRINT IN 110+ 300+ $2.1 8 7500+ 35+ DECADES BILLION ONGOING MANUFACTURING OF EXPERIENCE COUNTRIES FACILITIES EMPLOYEES NATIONALITIES &
Slide 7: Diverse Portfolio of Offerings
Diverse Portfolio of Offerings Transmission lines Substations Underground Cabling Solar Plant Smart City OHE Track Laying S&T Railway bridges Stations & Platforms Metros - Tech Tunnel Ventilation Depot & Workshops Speed Upradation TCAS - Kavach Factories Buildings Metros – Viaduct & Stations Water E
Slide 8: Board of Directors
Board of Directors H. V. Goenka Chairman, Non Executive Director Vimal Kejriwal A. T. Vaswani D. G.Piramal M.S. Unnikrishnan Nirupama Rao Managing Director Non Executive Non Executive Non Executive Non Executive & CEO Independent Director Independent Director Independent Director Independent Directo
Slide 9: Management Team
Management Team Vimal Kejriwal Managing Director & CEO Rajeev Agarwal Neeraj Nanda Anand Kulkarni Kaushal Kodesia Manjit Singh Sethi Nagesh Veeturi Chief Financial Officer President – Executive Director – Executive Director – Executive Director – Executive Director – Emerging Businesses Business Ope
Slide 10: Key Performance Highlights
2 Key Performance Highlights Steel arch over four railway tracks, Delhi-Meerut RRTS project 9
Slide 11: Q1 FY24 – Robust Growth Across Parameters
Q1 FY24 – Robust Growth Across Parameters Revenues EBITDA PAT Order Intake 28% 45% 36% 30% YoY YoY YoY YoY % 5.8% % 1.0% 4,244 Cr ~4,500 Cr 244 Cr 42 Cr ▪ Sequential improvement in ▪ Delivered PAT of Rs. 42 Cr, ▪ YTD order intake growth of ▪ Delivering consistent growth robust growth of 36% 30% YoY
Slide 12: Key Business Highlights – Q1 FY24
Key Business Highlights – Q1 FY24 T&D Civil Railways • Achieved Revenues of Rs. 2,188 Cr, robust • High growth trajectory with Revenues of over • Revenues of Rs. 764 Cr, growth of 8% YoY growth of 33% YoY Rs. 950 Cr, a splendid growth of 60% YoY • Order intake of over Rs. 750 Cr; growth of • YTD Ord
Slide 13: Financial Performance
3 Financial Performance Third Line between Mathura, Uttar Pradesh & Dholpur, Rajasthan 12
Slide 14: Profit and Loss Summary
Profit and Loss Summary (₹ crore) Consolidated Standalone Particulars Growth Growth Q1 FY24 Q1 FY23 Q1 FY24 Q1 FY23 (Y-o-Y) (Y-o-Y) Revenues 4,244 3,318 28% 3,701 2,849 30% EBITDA 244 168 45% 169 234 -27% EBITDA Margins 5.8% 5.1% 4.6% 8.2% (+) Other Income 3 8 4 8 (-) Depreciation 42 39 33 31 (-) In
Slide 15: Businesswise Revenue Performance (Consolidated)
Businesswise Revenue Performance (Consolidated) (₹ crore) Growth Particulars Q1 FY24 Q1 FY23 (Y-o-Y) T&D: 2,188 1,650 33% - T&D (KEC) 1,879 1,284 46% - SAE Towers 309 366 -16% Non T&D: 2,211 1,814 22% - Railways 764 705 8% - Civil 955 598 60% - Oil & Gas Pipelines 104 92 13% - Cables 389 419 -7% Int
Slide 16: Borrowings & Working Capital (Consolidated)
Borrowings & Working Capital (Consolidated) Increase/ Increase/ (₹ crore) Particulars 30-Jun-23 30-Jun-22 (Decrease) 31-Mar-23 (Decrease) YoY QoQ I) Net Debt 3,699 3,418 281 2,872 828 II) Interest Bearing Acceptances 2,015 2,658 -643 2,113 -98 Total (I + II) 5,714 6,076 -362 4,985 729 ❑ Reduction in
Slide 17: Order Intake & Order Book (Consolidated)
Order Intake & Order Book (Consolidated) Order Intake – YTD FY24 Order Book – 30 Jun’23 T&D : 33% SAE : 8% T&D: 39% SAE : 5% 12% 2% 2% 2% 15% 17% Order Intake Order Book ~Rs 4,500 Cr. 41% 44% Rs 30,125 Cr. (Growth of 30%) (Growth of 27%) 35% 30% T&D Civil Railways Cables T&D Civil Railways Cables Oi
Slide 18: Business Outlook – Promising Growth Levers
Business Outlook – Promising Growth Levers Civil Transmission & Distribution Civil will be the largest growth driver T&D witnessing significant momentum • Large investments in water pipelines • Significant opportunities in major renewable energy • Continued traction in private capex especially metal
Slide 19: Environmental, Social and Governance (ESG)
4 Environmental, Social and Governance (ESG) Pehlay Akshar training being provided to children at school
Slide 20: ESG & Sustainability Structure and Governance
ESG & Sustainability Structure and Governance Structure Important Policies - Governance RPG Enterprise Code of Risk Ensure alignment of Company’s Conduct Management Board vision and strategy with ESG agenda Level EHS Policy (Annually) Review the performance on Policy on Board sustainability goals, t
Slide 21: ESG & Sustainability Goals and Status
ESG & Sustainability Goals and Status Happiness Diversity & Occupational Corporate Social Quotient Inclusion Heath & Safety Responsibility Target: Increase Happiness Target: Increase in diversity by Target: Work towards the Target: Reach 2 lac CSR Quotient to 85% by FY26 25% by FY26 goal of achievin
Slide 22: Sustainability Roadmap – Key Initiatives and Approach
Sustainability Roadmap – Key Initiatives and Approach • Action planning workshops across businesses to • Installation of closed loop pre-flux regeneration increase Happiness Quotient plants and acid recovery plants Happiness Circularity • Introduced Employee Emotional Wellness program • Re-design of
Slide 23: Thank You
THANK YOU Global Footprint in 110+ countries* *Includes EPC and Supply Follow us on: Registered Office RPG House, 463, Dr. Annie Besant Road, Worli, Mumbai - 400 030. Phone: +91-22-6667 0200 Email: kecindia@kecrpg.com www.kecrpg.com