Slide 1: Cover letter to stock exchanges
CAPACIT'E INFRAPROJECTS TIMITED Ref : CIL/STEX 30/Q2Fy23 Date . November 10,2022 To The Secretary, The BSE Limited National Stock Exchange of tndia Limited Corporate relation Dept, Plot No. C/l, G Block, P.J. Towers, Bandra Kurla Complex Dala! Street, Fort, Bandra (East) Mumbai-400 001 Mumbai-400 05
Slide 2: Investor Presentation Q2 & H1 FY23
Investor Presentation Q2 & H1 FY23 November 2022 Capacit'e Infraprojects Ltd. On a Long-term Growth Path…
Slide 3: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Capacit'e Infraprojects Ltd. (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 4: Q2 & H1 FY23 Standalone Performance
Q2 & H1 FY23 Standalone Performance 3
Slide 5: Q2 & H1 FY23 Key Financial Highlights
Q2 & H1 FY23 Key Financial Highlights Revenue EBIDTA PAT Cash PAT Grew by 26% Y-o-Y Grew by 15% Y-o-Y Grew by 15% Y-o-Y Q2 FY23 to ₹ 84.4 Crs to ₹ 21.9 Crs to ₹ 51.1 Crs Grew by 25% Y-o-Y to ₹ 431.4 Crs EBIDTA margin PAT margin stood Cash PAT Margin stood at 19.4% at 5.0% stood at 11.8% Grew by 70%
Slide 6: Q2 & H1 FY23 Standalone Profit & Loss
Q2 & H1 FY23 Standalone Profit & Loss Particulars (₹ In Crs) Q2FY23 Q2FY22 Y-o-Y Q1FY23 H1 FY23 H1 FY22 Y-o-Y FY22 Revenue from Operations 431.4 345.4 25% 477.1 908.4 625.5 45.2% 1,339.8 Other Income 2.9 4.2 1.9 4.8 6.6 13.1 Total Income 434.2 349.5 24% 479.0 913.2 632.1 44.5% 1,352.9 Cost of Materi
Slide 7: H1 FY23 Standalone Balance Sheet
H1 FY23 Standalone Balance Sheet As at As at As at As at Particulars (₹ in Cr) Particulars (₹ in Cr) Sep 30, 2022 Mar 31, 2022 Sep 30, 2022 Mar 31, 2022 ASSETS EQUITY AND LIABILITIES Non-Current Assets Equity Property, plant and equipment 653 679 Equity Share Capital 68 68 Capital work-in-progress 1
Slide 8: H1 FY23 Standalone Cash Flow Statement
H1 FY23 Standalone Cash Flow Statement Particulars (₹ In Cr) H1 FY 23 H1 FY 22 PBT 68 31 Adjustments 135 89 Operating profit before working capital changes 203 120 Changes in working capital (220) (132) # Cash generated from operations (17) (13) Direct taxes paid (net of refund) (10) (11) Net Cash f
Slide 9: Robust Performance: Revenues and EBITDA
Robust Performance REVENUES (₹ Crores) EBIDTA (₹ Crores) Quarter 26% Y-o-Y 25% Y-o-Y Half Year 45% Y-o-Y 70% Y-o-Y 8
Slide 10: Robust Performance: PAT and Cash PAT
Half Year Quarter PAT (₹ Crores) Robust Performance 117% Y-o-Y 15% Y-o-Y CASH PAT (₹ Crores) 82% Y-o-Y 15% Y-o-Y 9
Slide 11: Debt Profile
Debt Profile Long Term Debt Short Term Debt Gross Debt (₹ In cr) (₹ In Cr) (₹ In Cr) • Company achieved a 45% Y-o-Y increase in turnover in H1 FY23. Maintained Gross Debt Equity Ratio debt levels despite increase in turnover and challenging external environment • Gross debt equity ratio within comfo
Slide 12: Working capital efforts
Working capital efforts Debtor (₹ in Crs) Creditor (₹ in Crs) Working Capital (₹ in Crs) 618 629 528 606 645 609 564 587 565 FY22 Q1 FY23 Q2 FY23 FY22 Q1 FY23 Q2 FY23 FY22 Q1 FY23 Q2 FY23 Debtors including retention monies has stabilized. We expect reduction in retention monies in next 2 quarters.
Slide 13: Order Book Details as on 30th September 2022
Order Book Details as on 30th September 2022 Order Backlog (₹ in Crs) Project Split Category wise split 10,484 8,720 8,702 9,026 7,177 11% 36% FY19 FY20 FY21 FY22 H1 FY23 46% Order Inflow (₹ in Crs) 89% 18% Residential 6,001 High Rises Super Rises Commercial & Instutitions 3,629 2,147 Mixed Use 148
Slide 14: Healthy Order Book to support Revenue uptick
Healthy Order Book to support Revenue uptick (Standalone) Diversified Orderbook across clientele Execution focus on projects for marquee clients in private & public sector, profitable Public Private working capital cycle and Sector Sector projects with last mile completion work Marquee names i
Slide 15: Multi-specialty Hospital under M.C.G.M
Multi-specialty Hospital under M.C.G.M Key Project Won in H1FY23 Objective • A well conceptualised medical institution, fulfilling basic norms of Indian Public Health Standards and well planned adhering to the prevailing Development Control Rules of M.C.G.M • Location of the plot is more suitable fo
Slide 16: Poised for Growth…
Poised for Growth… We have re-gained our Execution 01 02 Working Capital Management Working capital is on pace of execution and an improving trend going forward, expect to ROCE and we expect further maintain the momentum improvement in coming quarters We have implemented A Majority of our Order book
Slide 17: Industry Dynamics to benefit organized large players
Industry Dynamics to benefit organized large players Government Push Government focus on infrastructure creation coupled with favourable 01 policies for the Real estate sector augurs well and will provide sustained uptick in execution over the next few quarters Consolidation 02 Consolidation in the
Slide 18: Our Business Model
Our Business Model 17
Slide 19: Developed our service portfolio by capturing the complexities
Developed our service portfolio by capturing the complexities … 2018 Onwards 04 High Rise Super High Rise Gated Communities Commercial Office Multi Level Car Parks Hotels + Hospitals Data Centers Factory Construction Malls 2016 Onwards 03 High Rise Super High Rise Gated Communities + Commercial Offi
Slide 20: ... & built a sustainable model
... & built a sustainable model Sustainable Model: Timely Orderbook Execution + Technology Focus + Large Opportunity = SUSTAINABLE PROFITABILITY Factory & Buildings (F&B) Leveraging Ecosystem Focus on High & Super High-Rise buildings with Maximize existing Assets & human high degree of complexity in
Slide 21: Hybrid Service Portfolio = Private + Public
Hybrid Service Portfolio = Private + Public Efficiency 01 04 Opportunity Benefit from the Large Central Schemes of the Government aimed towards Better Enhances the multi fold construction Hospitals, Public Housing, Airports, opportunity in the world‟s fastest amongst others growing economy, for a yo
Slide 22: Hybrid Service Portfolio – Builds Diversity
Hybrid Service Portfolio – Builds Diversity FY18 FY19 FY20 FY21 FY22 13% 13% Sector wise Split 40% 41% 100% 60% 59% 87% 87% Public Private Orderbook Size Public Order Book Public Order Book Public Order Book Public Order Book ₹ 915 Crs ₹ 5,713 Crs ₹ 5,440 Crs ₹ 5,148 Crs Private Order Book + + + + ₹
Slide 23: Strategic Priorities
Strategic Priorities Marquee Clientele Account Groups Design & Build Lean Balance Sheet Cash Flows Work with Large and Deepen the culture of account Design & Build projects, Most sustainable Strong Cash Flow Focus Liquid public & private driven approach, due to which attracting lump sum companies ha
Slide 24: Project Profile
Project Profile 23
Slide 25: World Trade Center – Brigade Group
World Trade Center – Brigade Group 24
Slide 26: Our Creation (1/5)
Our Creation (1/5) Lodha – The Park Piramal – Mahalaxmi Oberoi - Juhu Bungalow 25
Slide 27: Our Creation (2/5)
Our Creation (2/5) Lodha – Altamount SBUT Nahar - Excalibur 26
Slide 28: Our Creation (3/5)
Our Creation (3/5) Four Seasons Auris Serenity Oberoi Enigma 27
Slide 29: Our Creation (4/5)
Our Creation (4/5) Neelkantha - Thane Godrej Emerald 28
Slide 30: Our Creation (5/5)
Our Creation (5/5) Lodha - Splendora Hiranandani – The Park 29
Slide 31: Strong Financials to Support Growth
Strong Financials to Support Growth 30
Slide 32: Robust Order Book …visibility for growth…
Robust Order Book …visibility for growth… Order Book (₹ in Crs) Order Book to Sales Ratio (No. of years) 9.9 10,484 8,720 8,702 6.7 6.5 7,177 5,682 4.2 3.9 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 31
Slide 33: Profit & Loss Statement
Profit & Loss Statement Particulars (₹ In Crs) FY22 FY21 FY20 FY19 FY18 Revenue from Operations 1,340 880 1,529 1,788 1,336 Other Income 13 29 25 37 24 Total Income 1,353 909 1,554 1,825 1,360 Cost of Material Consumed (Incl. Construction 931 602 1064 1320 966 Expenses) Employee Expenses 109 79 137
Slide 34: Balance Sheet
Balance Sheet ASSETS (₹ In Crs) Mar'22 Mar‟21 Mar‟20 Mar‟19 Mar‟18 EQUITY & LIABILITIES (₹ In Crs) Mar'22 Mar‟21 Mar‟20 Mar‟19 Mar‟18 NON-CURRENT ASSETS 932 1,006 942 726 541 EQUITY 974.0 929 926 843 749 Property, plant & equipment 679 650 646 539 409 Capital work-in-progress 14 6 5 4 0 Equity Share
Slide 35: Standalone Cash Flow Statement
Standalone Cash Flow Statement Cash Flow Statement (₹ In Crs) FY22 FY21 FY20 PBT 61 5 103 Adjustments 176 163 171 Operating profit before working capital changes 237 168 275 Changes in working capital -177 -83 118 Cash generated from operations 60 85 393 Direct taxes paid (net of refund) -25 -10 -37
Slide 36: For further information, please contact
For further information, please contact Company : Investor Relations Advisors : Capacit'e Infraprojects Ltd. Marathon Capital Advisory Pvt. Ltd Mr. Alok Mehrotra (President, Corporate Finance) Mr. Amit Porwal / Mr. Rahul Porwal ir@capacite.in amit@marathoncapital.in / rahul@marathoncapital.in +91 98