Supreme Infrastructure India Limited · NSE:SUPREMEINF
Supreme Infrastructure India — Q1 FY2014 Earnings Presentation
19 slides from Supreme Infrastructure India's earnings presentation, August 2013
Slide 1: First Quarter FY13-14 Results Investor Update
SUPREME INFRASTRUCTURE INDIA LTD. First Quarter FY13-14 Results Investor Update, August – 2013
Slide 2: Discussion Outline
Discussion Outline Result Highlights Q1 FY14 Results - Financial snapshot Order book analysis Major on-going projects BOT portfolio Update Annexure 2013 Supreme Infrastructure India Ltd.
Slide 3: Q1 FY14 – Result Highlights
Q1 FY14 – Result Highlights EPC STANDALONE HIGHLIGHTS - INCOME (Rs. Mn) EBIDTA (Rs. Mn) PAT (Rs. Mn) 4550 1.2% 4415 750 300 4362 2.8% 720 259 -14.6% 4400 701 250 221 700 4250 200 4100 650 150 3950 600 3800 100 550 3650 50 3500 500 0 Q1 FY13 Q1 FY14 Q1 FY13 Q1 FY14 Q1 FY13 Q1 FY14 TOTAL ORDERBOOK (Rs
Slide 4: Q1 FY14 – Result - Financials
Q1 FY14 – Result - Financials Particulars Q1 FY14 Q1 FY13 YoY % Q4 FY13 QoQ % Income 4414.7 4361.8 1.2% 6533.8 -32.4% Expenditure 3694.5 3661.2 0.8% 5707.0 -35.4% EBITDA 720.3 700.6 2.8% 826.8 -12.2% EBITDA% 16.3% 16.1% 13% Other Income 10.5 9.3 12.9% 14.1 -25.5% Depreciation 87.0 74.8 16% 92.6 -6.0
Slide 5: Q1 FY14 – Result - Update
Q1 FY14 – Result - Update • Revenue had a flat growth of 1.2% from Rs. 4,362 mn in Q1 FY13 to Rs. 4,414.7 mn in Q1 FY14 on a YoY basis primarily due to - • Slow Execution Progress in most of the projects due to the early Monsoon during the months of May and June. •Further the Power projects got comp
Slide 6: Order book – 30th June, 2013
Order book – 30th June, 2013 Q1 FY14 Q1 FY14 Segmental Breakup Value of Order Book Confirmed L1 Total Order order additions Bridges additions 4% Roads BOT Roads BOT 13,115 830 13,945 - 22% Roads Cash Contract 5,154 250 5,404 1 250 Building 53% Bridges 2,544 - 2,544 - Roads Cash Contract Railways 910
Slide 7: Order book Analysis
Order book Analysis Geographical Breakup BOT vs. EPC Orders East India BOT 18% 22% North India West India 29% EPC 53% 78% Confirmed Vs. L1 Orders Govt. Vs. Non Govt. Orders L1 Orders BOT 23% 22% EPC Confirmed 78% Orders 77% 7 2013 Supreme Infrastructure India Ltd.
Slide 8: BOT Portfolio - Growth Strategy
BOT Portfolio - Growth Strategy • Strategy to be EPC focussed – SIIL is an EPC focused infrastructure company. The company would look to securitize the BOT portfolio as and when required to manage its debt levels. SIIL has demonstrated the same by selling 49% stake in 3 BOT projects to 3i infrastruc
Slide 9: BOT Portfolio June-13: Operational
BOT Portfolio June-13 : OPERATIONAL Particulars MWB NK PNM KB Project Cost 4,300 2,340 930 3,014 Equity Stake 74% 51% 100% 10% 3i stake - 49% - - Economic Interest 100% 100% 100% 10% Sanctioned Debt 3,225 1,750 650 - Debt outstanding 3,060 1,580 630 - Supreme Equity (incl.3i) 1,075 590 280 100 Equit
Slide 10: BOT Toll Collection Update – Operational Projects
BOT Toll Collection Update – Operational Projects Rs. In lakh Total Toll Collected Avg. Daily Toll Collected % Change % Change Q1 FY14 Q4 FY13 Q1 FY14 Q4 FY13 QoQ QoQ MWB 1350 310 335.5% 15 11 36.4% NK 1100 850 29.4% 12 9.5 26.3% PNM 320 240 33.3% 3.5 2.6 34.6% Total 2770 1400 97.8% 30.5 23.1 32.0%
Slide 11: BOT Portfolio June-13: Under Construction
BOT Portfolio June-13 : Under Construction Particulars PI JRR AKT SS HM KM Project Cost 12,060 10,450 5,400 3,300 800 1,080 Equity Stake 26% 40% 51% 46% 80% 74% 3i Stake 38% - 49% 45% - - Economic Interest 90% 40% 100% 90% 100 % 74% Sanctioned Debt 9,000 7,900 4,050 2,475 500 810 Debt outstanding 3,
Slide 12: Annexure
Annexure 2013 Supreme Infrastructure India Ltd.
Slide 13: Group and Shareholding Structure
Group and Shareholding Structure Public & Others Promoters Institutions BOT PORTFOLIO SNAPSHOT 22.9% 57.8% 19.3% 1. BOT Portfolio of 10 BOT Projects – Currently 4 projects operational – Supreme Infrastructure India Kasheli Bridge, Ahmednagar Ltd. Kopargaon, Patiala Nabha Malerkotla, and Manor Wada B
Slide 14: About Us - Shareholding as at 30th June, 2013
About Us - Shareholding as at 30th June, 2013 Category Jun-13 Mar-13 Dec-12 Promoters 57.81% 57.37% 56.61% Public FII 12.77% 12.77% 12.30% 22.95% DII 6.47% 6.50% 6.77% DII Promoters 6.47% 57.81% Public 22.95% 23.36% 24.32% FII Total 100% 100% 100% 12.77% Equity Capital (no. of shares) 16.74mn 16.74m
Slide 15: Supreme Infrastructure - Key Differentiators
Supreme Infrastructure - Key Differentiators Margin • Above-industry EBIDTA margin at 15-16% due to backward integrated EPC model coupled with cluster-led execution through owned quarries, crusher plants, RMC and wet mix plants. Leadership • More than 90% of the order book in states where captive ra
Slide 16: Major Clientele
Major Clientele Airports Authority NHAI Punjab PWD of India MMRDA BMC Indian Mumbai JDA PWD MSEDCL* Railways Port Trust Ramprastha CPWD Vodafone DSIIDC Rolta * Maharashtra State Electricity Distribution Co. Ltd 16 2013 Supreme Infrastructure India Ltd.
Slide 17: Financial Summary - Standalone
Financial Summary - Standalone INCOME EBITDA PAT FY09-13 CAGR – 51% FY09-13 CAGR – 46% FY09-13 CAGR – 42% MARGIN ANALYSIS (%) RETURN METRICS (%)^^ All figures in Rs. Mn, unless otherwise mentioned. ^^ Based on Average Net worth, Capital Employed 17 2013 Supreme Infrastructure India Ltd.
Slide 18: Disclaimer
Disclaimer This presentation has been prepared by Supreme Infrastructure India Limited (“SIIL”) for informational purposes only and does not constitute or form any part of any offer, invitation or recommendation to purchase or subscribe for any securities. The information contained in this presentat
Slide 19: Thank You
Thank You For further details please contact : Ruchi Maheshwari / Vatsal Gupta Ammeet Sabarwal Supreme Infrastructure India Ltd. Dickenson Seagull IR Contact No: 022 61289752 Contact No : +91 9819576873 Email: ruchim@supremeinfra.com Email : ammeet.sabarwal@dickensonir.com vatsalg@supremeinfra.com 1
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