G R Infraprojects Ltd. · NSE:GRINFRA
G R Infraprojects — Q3 FY22 Earnings Presentation
24 slides from G R Infraprojects's earnings presentation, Feb 14, 2022
Slide 1: Letter to stock exchanges on investor presentation
14th February 2022 To, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, Plot No. C‐1 Dalal Street, Fort G Block, Bandra‐Kurla Complex, Bandra(E) Mumbai – 400001 Mumbai ‐400051 Scrip Code: 543317 Symbol: GRINFRA Sub: Investor Presentation on the financial
Slide 2: Investor Presentation Q3 FY22 & 9M FY22
Getting People Places, Faster G R Infraprojects Limited Investor Presentation Getting People Places, Faster Q3 FY 22 & 9M FY 22 1 February 14, 2022
Slide 3: Context
Context 1 Disclaimer Page 3 2 Highlights: Q3 FY 22 & 9M FY 22 Page 4 3 What we do and key milestones Page 13 Overview- Historical Data (Financial Page 18 4 & Operational) 2
Slide 4: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by G R Infraprojects 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 5: Highlights: Q3 FY22 & 9M FY22
Highlights:Q3 FY 22 & 9M FY 22 4
Slide 6: Q3 FY22 & 9M FY22 Financial Highlights
Q3 FY 22 & 9M FY 22 Financial Highlights Revenue (Rs in Mn) EBITDA (Rs in Mn) & EBITDA PAT (Rs in Mn) & PAT Margin Margin (%) (%) Quarter Highlights 23.2% 15.6% 22,159 14.3% 7% 17.9% 18,184 5,215 3,213 59.9% 44.4% 2,900 1290 Q3 2021 Q3 2022 Q3 2021 Q3 2022 Q3 2021 Q3 2022 Revenue EBITDA PAT Revenue
Slide 7: Q3 FY22 & 9M FY22 Financial Highlights
Q3 FY 22 & 9M FY 22 Financial Highlights Net Working Capital Days Debt to Equity Ratio & Net Debt to Equity Ratio (including Mob. Advances) 73 Days 78 Days 1.19 1.24 1.13 52 1.05 1.10 0.98 0.96 43 0.90 41 42 36 36 31 0.45 0.34 0.45 0.31 13 0.30 0.29 0.21 0.23 Mar-21 Jun-21 Sep-21 Dec-21 Mar-21 Dec-2
Slide 8: Standalone Profit and Loss Statement (Rs in Millions)
Standalone Profit and Loss Statement ( Rs in Millions) A B C D E Particulars Q3 FY 22 Q3 FY 21 9M FY 22 9M FY 21 FY 20-21 Income Revenue from operations 18,184.40 22,159.30 56,511.00 46,160.50 72,444.60 Other income 351.40 311.00 992.80 889.10 1,274.90 Total income 18,535.80 22,470.30 57,503.80 47,0
Slide 9: Consolidated Profit and Loss Statement (Rs in Millions)
Consolidated Profit and Loss Statement ( Rs in Millions) A B C D E Particulars Q3 FY 22 Q3 FY 21 9M FY 22 9M FY 21 FY 20-21 Income Revenue from operations 19,797.00 24,737.50 61,265.60 51,081.70 78,441.30 Other income 205.40 205.90 483.70 483.80 701.60 Total income 20,002.40 24,943.40 61,749.30 51,5
Slide 10: Recent Developments
Recent Developments PCOD Achieved Appointed Date PCOD Achieved; • GR Ena Kim Expressway Private Limited ~ 11-12-2021 • Kamakhyanagar Bypass-Duburi (EPC) as on 27-10-2021 • GR Bahadurganj Araria Highway Private Limited ~ 10-01-2022 • Sidhi Ganeshpur to Sansarpur (EPC) as on 08-11-2021 • GR Galgalia B
Slide 11: Robust Order Book
Robust Order Book Order book as on December 31,2021 is Rs 145,989.80 Million* Project Mix Client Wise Distribution State Wise Distribution UTTAR PRADESH 5% 0% 7% 3% MAHARASHTRA 2% 5% 16% 28% 2% MADHYA 10% PRADESH GUJARAT 5% EPC NHAI BIHAR HAM UPEIDA 8% CHHATTISGARH OTHERS 15% RAJASTHAN RAILWAYS OTHE
Slide 12: Consolidated Debt
Debt Breakup (Fund Based) as on December 31,2021 Rs in Million December’21 STANDALONE DEBT Debentures 8,609.02 5% 7% Term Loan 1,576.76 Standalone Debt DEBENTURES Working Capital 550.70 13% TERM LOAN Mobilization Advance 1,239.30 WORKING CAPITAL External Commercial Borrowing 788.67 Total Debt 12,764
Slide 13: Portfolio of HAM Projects
Portfolio of HAM Projects Appointed Date Awaited Nagaur-Mukundgarh As on December 31,2021 Raipur-Dhanbad Corridor Under Construction Phagwara-Rupnagar Dwarka-Devariya* Amritsar-Bhatinda Greenfield Current Progress – 59.72% Operational Porbandar-Dwarka Ludhiana-Rupnagar Aligarh-Kanpur* Handia-Varanas
Slide 14: What we do & Key Milestones
What we do & Key Milestones 13
Slide 15: GRIL – Our Business
GRIL – Our Business HIGHWAYS BRIDGES RAILWAYS & METRO METAL CRASH BARRIER EMULSION/PMB ROAD SIGNAGES AND14 MARKING PAINT
Slide 16: Key Milestones
Key Milestones • First HAM project awarded with Bid Project • Commencement of business • Name changed to “G R 1996- 2006- 2016- Cost of ₹ 13,670.0 Mn 2000 2010 Infraprojects Limited” 2019 • Take-over of business of M/s • Divestment of equity stake in - Jodhpur Gumani Ram Agarwal • Commissioned 30,00
Slide 17: Overview – GRIL Snapshot
Overview – GRIL Snapshot An Integrated EPC Company, with proven track record of timely project execution over last 25 years. Presence in 4 Manufacturing 15 States Units 7800+ plant & 16700+ employees equipment Dedicated Rating repair & AA (Stable) maintenance CRISIL & CARE workshop 16 All figures ar
Slide 18: Committed to growth, with purpose
Committed to growth, with purpose FOCUSED MARKET Construction STRATEGIES Environment We understand the We show our care for nations need, design it the environment FOCUSED EPC EXPAND THE PORTFOLIO through perfection and GROWING through CSR initiatives PLAYER build it to dreams TOGETHER WITH OUR NATI
Slide 19: Overview- Historical Data (Financial & Operational)
Overview- Historical Data (Financial & Operational) 18
Slide 20: Overview- Historical Financial Data
Overview- Historical Financial Data Revenue From Operations (Rs in Mn) EBITDA (Rs in Mn) / EBIDTA Margin (%) 72,445 21.81% CAGR: 21.42% 32.59% 19.82% 19.50% 60,278 14,379 CAGR: 31.92% 13,350 49,502 10,748 31,081 6,263 FY 2018 FY 2019 FY 2020 FY 2021 FY 2018 FY 2019 FY 2020 FY 2021 Revenue From Opera
Slide 21: Overview- Historical Financial Data
Overview- Historical Financial Data Net Cash Flow (Used In)/ from operating Activities (Rs in PAT (Rs in Mn) / PAT Margin (%) Mn) 8,312 12.63% 11.87% 11.25% 10.59% 6,516 7,806 6,888 4,474 5,957 3,992 (41) FY 2018 FY 2019 FY 2020 FY 2021 FY 2018 FY 2019 FY 2020 FY 2021 PAT PAT Margin Net Cash From Op
Slide 22: Overview- Historical Financial Data
Overview- Historical Financial Data Fixed Assets Turnover Ratio Net Debt/ Equity & Net Debt /EBITDA 6.54 0.88 0.82 0.83 6.35 6.27 6.26 0.42 0.42 0.36 0.33 0.20 FY 2018 FY 2019 FY 2020 FY 2021 FY 2018 FY 2019 FY 2020 FY 2021 Net Debt/Equity Net Debt/EBITDA Fixed Assets Turnover Ratio 21
Slide 23: Overview- Historical Operational Data
Overview- Historical Operational Data Employee Count Order Book* (Rs in Mn) 1,70,526 16,333 1,48,799 12,956 1,18,648 1,17,143 11,149 7,321 FY 2018 FY 2019 FY 2020 FY 2021 FY 2018 FY 2019 FY 2020 FY 2021 *Excluding GST Employee Count Order Book 22
Slide 24: Thank You
G R Infraprojects Limited Investor Presentation Getting People Places, Faster Q3 FY 22 & 9M FY 22 Thank You Anand Rathi, CFO Plot No.18, Novus Tower, Sector-18 Gurugram, Haryana-122015 23 0124-6435000