H.g. Infra Engineering Ltd. · NSE:HGINFRA
H.g. Infra Engineering — Q2 & H1 FY21 Earnings Presentation
25 slides from H.g. Infra Engineering's earnings presentation, Nov 10, 2020
Slide 1: Cover letter to stock exchanges
CIN No.: L45201 BJ2003PLC018049 HGIELI November 10, 2020 Bsn Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-I , Block-G, Dalal Street, Bandra Kurla Complex, Bandra (East), Mumbai-400 001 Mumbai-400051 Scrip Code- 54 1 01 9 Scrip Symbol-HGINFRA Dear Sirs
Slide 2: Investor Presentation Q2 & H1FY21
H.G. Infra Engineering Ltd. Investor Presentation Q2 & H1FY21 H.G. Infra Engineering Ltd.
Slide 3: Agenda
Agenda 1 Q2 & H1FY21 Financial Highlights 2 Q2FY21 Operational Highlights 3 A Steady Transformation 4 Growth Strategy 5 Historical Financials H.G. Infra Engineering Ltd. 2
Slide 4: Q2 & H1FY21 Financial Highlights
Q2 & H1FY21 Financial Highlights H.G. Infra Manoharpur Engineering Ltd. Dausa
Slide 5: Standalone profit & loss statement
Standalone profit & loss statement Rs mn Q2FY21 Q2FY20 YoY H1FY21 H1FY20 YoY Revenue from operations 4,674 4,742 -1.4% 7,653 10,003 -23.5% Cost of material consumed 2,446 1,732 3,853 4,007 Contract and site expenses 1,150 1,912 1,966 3,768 Employee expenses 259 264 482 553 Other expenses 50 100 92 1
Slide 6: Consolidated profit & loss statement
Consolidated profit & loss statement Rs mn Q2FY21 Q2FY20 YoY H1FY21 H1FY20 YoY Revenue from operations 4,833 4,793 0.8% 7,952 10,115 -21.4% Cost of material consumed 2,446 1,732 3,853 4,007 Contract and site expenses 1,153 1,917 1,974 3,773 Employee expenses 262 266 488 557 Other expenses 66 106 121
Slide 7: Standalone balance sheet
Standalone balance sheet Rs mn Sep’20 Mar’20 Rs mn Sep’20 Mar’20 Share Capital 652 652 4,870 Fixed Assets incl. CWIP 4,635 Reserves 8,045 7,564 Other Financial Assets 2,143 1,138 Shareholders' Funds 8,697 8,216 Other Non Current Assets 183 207 Secured Loans 477 640 Total Non-Current Assets 6,961 6,2
Slide 8: Consolidated balance sheet
Consolidated balance sheet Rs mn Sep’20 Mar’20 Rs mn Sep’20 Mar’20 Share Capital 652 652 4,872 Fixed Assets incl. CWIP 4,641 Reserves 8,192 7,611 Other Financial Assets 1,468 1,150 Shareholders' Funds 8,843 8,263 Other Non Current Assets 265 255 Secured Loans 3,233 2,130 Total Non-Current Assets 6,3
Slide 9: Debt breakup
Debt breakup Consolidated Debt Breakup Standalone Debt Breakup 11% 48% 26% 52% 63% Standalone Debt Project Debt Term Loan Working Capital Promoters Loan Rs mn) Sep-20 (Rs mn) Sep-20 Standalone debt 3,043 Term loan + current maturities* 1,904 Working Capital 805 Project debt 2,781 Promoters loan 334
Slide 10: Recent developments
Recent developments Received appointment date for the following project Project BPC (Rs cr) Appointed Date Construction of eight lane access-controlled expressway in the section of Delhi-Vadadora 880 07th Nov 2020 Greenfield Alignment Package-8 on EPC basis under Bharatmala Pariyojana Received the p
Slide 11: Q2 FY21 Operational Highlights
Q2 FY21 Operational Highlights Uncha H.G. NaglaInfra Engineering Ltd.
Slide 12: Robust & well diversified order book
Robust & well diversified order book Unexecuted Value Project Awarding Authority (Rs mn) Client wise break-up: Delhi Vadodara Pkg-9 NHAI 11,511 Private Optimum mix of 32% Govt. prime contracts and Hapur Morradabad MRM 9,012 68% select private projects Mancherial - Repallewa Adani 8,847 Delhi Vadodar
Slide 13: HAM project details
HAM project details Completion Grant Total Invested Debt as on Awarding Kms BPC Status as on Project State Amount Debt Equity 30th Sep ’20 authority Lanes (Rs. mn) 30th Sep ’20 (Rs. mn) (Rs. mn) (Rs. mn) (Rs. Mn) (%) Gurgaon-Sohna NHAI Haryana 12.7 6,060 2,424 2,879 574.5 1,789.5 69% (Rajiv chowk) R
Slide 14: A Steady Transformation
A Steady Transformation H.G. Infra Manoharpur Engineering Ltd. Dausa
Slide 15: What we were…
What we were… An upcoming subcontractor with presence majorly in Rajasthan Experience in 2 states Revenue Rs 3,317mn 50%+ Revenue from Employees 600+ sub-contracting Gross Block Avg. ticket size Rs 500mn Rs 1,489mn EPC pre-qualification Order Book Rs 2,500mn Rs 10,677mn All financials are for FY15 H
Slide 16: What we are…
What we are… A leading road infra developer with pan India presence Experience in 8 states Revenue Rs 21,961mn ~25% Revenue from Employees 2,300+ sub-contracting Gross Block Avg. ticket size Rs 1,800mn Rs 6,898mn EPC pre-qualification Order Book Rs 20,000mn Rs 64,441mn (As on Sep 30th, 2020) All fin
Slide 17: While maintaining these along the way…
While maintaining these along the way… Discipline in selecting orders, focusing on Balance Sheet & delivering consistent financial performance EBITDA Margin Return on Capital Employed 14.9% 15.1% 15.6% 32% 32% 28% FY18 FY19 FY20 FY18 FY19 FY20 Working Capital Cycle Debt to Equity Debtor Days Invento
Slide 18: Growth Strategy
Growth Strategy H.G. Infra Engineering Ltd. Bhilwara-Gulabpura
Slide 19: Growth Strategy
Growth Strategy Well placed to tap opportunities in Look at opportunities beyond road core road sector in other infra sectors ✓ Continued focus on EPC projects with ✓ De-risk business by expanding in following selective HAM projects – HAM to sectors: constitute up to 25% of order book • Railways: pr
Slide 20: Historical Financial Highlights
Historical Financial Highlights H.G. Infra Manoharpur Engineering Ltd. Dausa
Slide 21: Financial Performance
Financial Performance Revenue EBITDA PAT 1,657 21,961 3,424 20,098 3,032 1,236 13,927 2,081 842 FY18 FY19 FY20 FY18 FY19 FY20 FY18 FY19 FY20 EBITDA Margin PAT Margin EPS 7.5% 14.9% 15.1% 15.6% 25.43 6.1% 6.1% 18.96 15.39 FY18 FY19 FY20 FY18 FY19 FY20 FY18 FY19 FY20 H.G. Infra Engineering Ltd. 20
Slide 22: Standalone profit & loss statement
Standalone profit & loss statement Historical (Rs mn) FY20 FY19 FY18 Revenue from operations 21,961 20,098 13,927 Cost of material consumed 8,926 8,919 5,462 Contract and site expenses 8,137 6,665 5,475 Employee expenses 1,114 1,191 761 Other expenses 360 291 148 Total Operating expenses 18,538 17,0
Slide 23: Consolidated profit & loss statement
Consolidated profit & loss statement Historical (Rs mn) FY20 FY19 FY18 Revenue from operations 22,171 20,145 13,927 Cost of material consumed 8,926 8,919 5,462 Contract and site expenses 8,158 6,666 5,475 Employee expenses 1,123 1,194 761 Other expenses 408 320 148 Total Operating expenses 18,615 17
Slide 24: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by HG Infra Engineering 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 s
Slide 25: Thank You
Thank You HG Infra Engineering Ltd Rajeev Mishra Rajeev.mishra@hginfra.com III Floor, Sheel Mohar Plaza, A-1, Tilak Marg, C-Scheme, Jaipur - 302001 Pareto Capital (Investor Relations) Pooja Dokania pooja.dokania@paretocapital.in Rishav Das rishav.das@paretocapital.in 210, B Wing, Kanakia Wall Street
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