Pnc Infratech Ltd · NSE:PNCINFRA

Pnc Infratech — Q3 FY2015-16 Earnings Presentation

27 slides from Pnc Infratech's earnings presentation, February 2016

  1. Slide 1: PNC Infratech Limited Results Update Presentation Q3 and 9m FY 2015-16

    PNC Infratech Limited Results Update Presentation Q3 and 9m FY 2015-16

  2. Slide 2: Safe Harbour

    Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by PNC Infratech 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 securi

  3. Slide 3: Key Highlights & Financials

    1 Key Highlights & Financials PNC Infratech Limited 3

  4. Slide 4: Key Highlights – Q3 FY 2015-16

    Key Highlights – Q3 FY 2015-16  Robust growth in financials  Standalone Revenue, EBITDA and PAT grew by 35%, 21% and 38% respectively, y-o-y  Standalone EBITDA Margin at 13.0%, PAT margin at 6.2%  Consolidated Revenue, EBITDA and PAT (after MI & share in profit/ loss of associate cos.) grew by 3

  5. Slide 5: Key Highlights – 9m FY 2015-16

    Key Highlights – 9m FY 2015-16  Robust growth in financials  Standalone Revenue, EBITDA and PAT grew by 30%, 22% and 32% respectively, y-o-y  Standalone EBITDA Margin at 13.3%, PAT margin at 6.2%  Consolidated Revenue, EBITDA and PAT (after MI & share in profit/ loss of associate cos.) grew by 2

  6. Slide 6: Standalone Financial Highlights – Q3 FY 2015-16

    Standalone Financial Highlights – Q3 FY 2015-16 Revenue (Rs. Crs) EBITDA (Rs. Crs) +35% +21% 521.5 67.9 56.3 386.9 Q3 FY15 Q3 FY16 Q3 FY15 Q3 FY16 PAT (Rs. Crs) Cash Profit (Rs. Crs) +38% +42% 32.5 46.3 23.6 32.6 Q3 FY15 Q3 FY16 Q3 FY15 Q3 FY16 PNC Infratech Limited 6

  7. Slide 7: Standalone Financial Highlights – 9m FY 2015-16

    Standalone Financial Highlights – 9m FY 2015-16 Revenue (Rs. Crs) EBITDA (Rs. Crs) +30% +22% 1,425.4 189.1 1,096.7 155.5 9m FY15 9m FY16 9m FY15 9m FY16 PAT (Rs. Crs) Cash Profit (Rs. Crs) +32% +36% 89.0 127.1 67.6 93.3 9m FY15 9m FY16 9m FY15 9m FY16 PNC Infratech Limited 7

  8. Slide 8: Consolidated Financial Highlights – Q3 FY 2015-16

    Consolidated Financial Highlights – Q3 FY 2015-16 Revenue (Rs. Crs) EBITDA (Rs. Crs) +35% +71% 630.3 117.1 468.4 68.6 Q3 FY15 Q3 FY16 Q3 FY15 Q3 FY16 PAT after MI & Asso. Profit (Rs. Crs) Cash Profit* (Rs. Crs) +39% +83% 26.8 60.9 19.3 33.4 Q3 FY15 Q3 FY16 Q3 FY15 Q3 FY16 PNC Infratech Limited *Cash

  9. Slide 9: Consolidated Financial Highlights – 9m FY 2015-16

    Consolidated Financial Highlights – 9m FY 2015-16 Revenue (Rs. Crs) EBITDA (Rs. Crs) +29% +45% 1,700.5 293.8 1,319.8 202.8 9m FY15 9m FY16 9m FY15 9m FY16 PAT after MI & Asso. Profit (Rs. Crs) Cash Profit* (Rs. Crs) +8% +48% 68.2 156.1 63.3 105.8 9m FY15 9m FY16 9m FY15 9m FY16 PNC Infratech Limited

  10. Slide 10: Segmental Revenue Break-up

    Segmental Revenue Break-up Quarter (Rs. Crs) Q3 FY15 Q3 FY16 65 104 403 526 EPC BOT/Annuity/Others EPC BOT/Annuity/Others 9 Months (Rs. Crs) 9m FY15 9m FY16 191 272 1,129 1,429 EPC BOT/Annuity/Others EPC BOT/Annuity/Others PNC Infratech Limited 10

  11. Slide 11: Order-book Details

    2 Order-book Details PNC Infratech Limited 11

  12. Slide 12: Robust Order-book of over Rs. 3,000 crores

    Robust Order-book of over Rs. 3,000 crores Order-book Highlights  Remaining value of contracts under execution Rs. 3,060 Remaining Key EPC Projects Under Construction Value crores as on December 31, 2015, in addition to the (Rs. Crores) following: Agra-Firozabad 1,207 1. L1 for NHAI project of impr

  13. Slide 13: BOT Portfolio

    3 BOT Portfolio PNC Infratech Limited 13

  14. Slide 14: Sizeable BOT Portfolio

    Sizeable BOT Portfolio Operational PNC Infratech Limited (PNC) Under-construction Invested PNC Share Balance % JV Kms / Equity of Invested commitment Authority State Stretch Type Stake Partners Lanes (Rs. Equity as on Dec. 31, Crores) (Rs. Crores) 2015 SREI, Ghaziabad Aligarh 35.00% NHAI UP NH-91 To

  15. Slide 15: Annexure I – Summary Financials

    4 Annexure I – Summary Financials PNC Infratech Limited 15

  16. Slide 16: Quarter 3 Profitability Statement

    Quarter 3 Profitability Statement Standalone Consolidated Rs. Crores Q3 FY16 Q3 FY15 YoY growth Q3 FY16 Q3 FY15 YoY growth REVENUE 521.6 386.9 35% 630.3 468.4 35% EBITDA 67.9 56.3 21% 117.1 68.6 71% EBITDA margin 13.0% 14.5% 18.6% 14.6% Other Income 3.6 3.1 2.3 3.4 Depreciation 13.9 9.0 34.1 14.0 In

  17. Slide 17: 9 months Profitability Statement

    9 months Profitability Statement Standalone Consolidated Rs. Crores 9m FY16 9m FY15 YoY growth 9m FY16 9m FY15 YoY growth REVENUE 1,425.4 1,096.7 30% 1,700.5 1,319.8 29% EBITDA 189.1 155.5 22% 293.8 202.8 45% EBITDA margin 13.3% 14.2% 17.3% 15.4% Other Income 8.7 6.3 5.9 7.5 Depreciation 38.1 25.8 8

  18. Slide 18: Annual Profitability Statement

    Annual Profitability Statement Standalone Consolidated Rs. Crores FY15 FY14 YoY growth FY15 FY14 YoY growth REVENUE 1,561.0 1,152.1 35% 1,860.9 1,360.0 37% EBITDA 216.6 141.9 53% 279.9 175.4 60% EBITDA margin 13.9% 12.3% 15.0% 12.9% Other Income 13.8 10.6 12.1 10.8 Depreciation 36.4 24.8 60.3 40.2 I

  19. Slide 19: Net Working Capital Days

    Net Working Capital Days* 128 124 122 122 115 109 112 114 97 86 72 65 59 57 FY10 FY11 FY12 FY13 FY14 FY15 Dec-15 Debtors Net Working Capital PNC Infratech Limited * - Standalone 19

  20. Slide 20: Utilization of IPO Proceeds

    Utilization of IPO Proceeds Utilization of Net Proceeds as on Offer Proceeds December 31, 2015 Amount Utilization Amount Particulars (Rs. Crores) Pending Particulars Rs. Crores Planned Utilized Utilization Funding working capital 150.00 150.00 0.00 requirements A Fresh Issue 434.70 Investment in our

  21. Slide 21: Annexure II – Company Overview

    5 Annexure II – Company Overview PNC Infratech Limited 21

  22. Slide 22: Introduction

    Introduction Infrastructure construction, development and management company; expertise in execution of projects including highways, bridges, flyovers, airport runways, industrial areas and transmission lines Executed 50 major infrastructure projects spread across 13 states , of which 30 are road EP

  23. Slide 23: Business Overview

    Business Overview Completed 30 infrastructure Developing/operating 6 road projects on EPC basis Roads & Roads & BOT projects and 1 OMT Highways Highways project, comprising of EPC BOT / OMT both toll & annuity assets Set up power transmission Executed 19 airport lines of approximately 350 Power Airp

  24. Slide 24: Corporate Structure

    Corporate Structure PNC Infra Holdings Limited (“PNCIHL”) PNC Power Private Limited (“PNCPPL”)  BOT Holdco for road and other infra projects  Engaged in erection, installation, repair and re-modelling of power plants etc PNC Bareilly Nainital Highways Private Limited (“PNCBNHPL”)  4 laning of the

  25. Slide 25: Board of Directors

    Board of Directors Mr. Pradeep Kumar Jain Mr. Naveen Kumar Jain Mr. Chakresh Kumar Jain Mr. Yogesh Kumar Jain CMD Whole-time Director Managing Director Managing Director Mr. Anil Kumar Rao Mr. Sunil Chawla Mr. Chhotu Ram Sharma Mr. Subhash Chander Kalia Whole-time Director Non-Executive Director Ind

  26. Slide 26: Clientele

    Clientele PNC Infratech Limited 26

  27. Slide 27: For further information, please contact:

    For further information, please contact: Company : Investor Relations Advisors : PNC Infratech Ltd Strategic Growth Advisors Pvt. Ltd. CIN: L45201DL1999PLC195937 CIN: U74140MH2010PTC204285 Mr. D. K. Maheshwari Mr. Jigar Kavaiya AVP - Finance Group Account Head +91-9920602034 dkm@pncinfratech.com kji

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