Rpp Infra Projects Ltd. · NSE:RPPINFRA
Rpp Infra Projects — Q1 FY2018 Earnings Presentation
32 slides from Rpp Infra Projects's earnings presentation, August 2017
Slide 1: Investor Presentation August 2017
Investor Presentation August 2017
Slide 2: Robust Financial Performance
Robust Financial Performance Revenue EBITDA PAT Rs. 112.48 Rs. 17.15 Rs. 7.77 Crore Crore Crore + 32.7% YoY + 25.3% YoY + 32.8% YoY 2
Slide 3: Q1FY18 Performance Highlights
Q1FY18 Performance Highlights EBITDA (Rs. Cr) Revenue (Rs. Cr) PAT (Rs. Cr) EBITDA Margin (%) 16.07% 15.25% 17.2 112.5 13.7 84.8 7.8 5.8 Q1FY17 Q1FY18 Q1FY17 Q1FY18 Q1FY17 Q1FY18 3
Slide 4: Growing Order Book
Growing Order Book Order Book Sector / Vertical % (in Rs. crore) 28.4% Buildings 229.64 28.42 Buildings 52.4% Water Management Water Management 155.06 19.20 Infrastructure Infrastructure 423.22 52.38 19.2% TOTAL 807.92 100 Tenders in First Lowest in Crores SUMITOMO Kerala Supply of High Voltage Dire
Slide 5: Diversified Order Book
Diversified Order Book Order Book Trend Geographical Break Up Buildings Water Management Infrastructure 831 844 784 786 808 Arunachal Madhya Pradesh Pradesh 6% 6% 33% 38% 41% 51% 52% Bangladesh 13% Tamil Nadu 52% 32% 29% 26% Karnataka 21% 23% 19% 35% 32% 33% 28% 28% Q1FY17 Q2FY17 Q3FY17 Q4FY17 Q1FY1
Slide 6: Q1FY18 - Profitability Highlights
Q1FY18- Profitability Highlights Rs. Crore Q1FY18 Q1 FY17 YoY FY17 FY16 YoY Revenue from Operations 112.48 84.76 32.7% 366.34 314.68 16.4% Other Income 1.34 0.42 3.11 2.42 Total Income 113.82 85.18 33.6% 369.45 317.1 16.5% Raw Material & Fuel Costs 89.44 67.88 293.44 249.14 Employee Cost 2.35 1.25 6
Slide 7: Balance Sheet Highlights
Balance Sheet Highlights Rs. Cr Mar-17 Mar-16 Rs. Cr Mar-17 Mar-16 Shareholder’s Funds 173.50 151.00 Non-current assets 58.96 53.61 Share capital 22.60 22.60 Fixed assets 32.43 28.70 Reserves & Surplus 150.90 128.40 Non-current Investments 0.88 0.83 Long-term loans & advances 0.79 1.23 Other non-cur
Slide 8: RPP Infra Project's Space
RPP Infra Project’s Space Fastest growing spaces Fastest growing states Safest customer Irrigation and water supply, Civil Telangana, Andhra Pradesh, The Government construction works, National Karnataka and Madhya Highways, Rural roads and other Pradesh Infrastructure works RPP Infra Fastest growin
Slide 9: Catering to some of the largest states in India
Catering to some of the largest states in India • 11th largest state of India Tamil Nadu • GSDP grew average 13% in 2016-2017 • 8th largest state of India Andhra Pradesh • GSDP grew average 10.5% in 2016-2017 • 12th largest state of India Telangana • GSDP grew average 9.2% in 2016-2017 • 9th largest
Slide 10: This strategic focus has worked in the past
This strategic focus has worked in the past Resulting in a safe Balance Sheet even in the most challenging times Resulting in attractive growth Resulting in sectoral outperformance 10
Slide 11: New Plan for Emerging India
New Plan for Emerging India Atal mission for rejuvenation and urban transformation (AMRUT) Madhya Pradesh Local Area Development Scheme Integrated Rural Development Program Jawaharlal Nehru National Urban Renewal Mission (JnNURM) Pradhan Mantri Awaas Yojana: Target to complete 1cr houses by 2019 Mic
Slide 12: Our financial growth over the years
Our financial growth over the years From a turnover of Rs. 144.55 crore in 2009-10 to Rs. 366.34 crore in 2016-17 From an operating profit of Rs. 14.74 crore in 2009-10 to Rs. 52.89 crore in 2016-17 From a cash profit of Rs. 10.72 crore in 2009-10 to Rs. 28.90 crore in 2016-17 From a net profit of R
Slide 13: Our financial journey contd…
Our financial journey contd… EBITDA (Rs. Cr) Revenue (Rs. Cr) PAT (Rs. Cr) EBITDA Margin (%) 17.3% 23.9 16.6% 17.7% 16.0% 14.4% 366.3 20.7 52.8 51.2 314.7 17.3 45.6 263.1 257.2 38.9 38.0 232.9 11.3 10.9 FY13 FY14 FY15 FY16 FY17 FY13 FY14 FY15 FY16 FY17 FY13 FY14 FY15 FY16 FY17 13
Slide 14: Our financial journey
contd… Our financial journey Book Value Per Share (Rs.) RONW (%) EPS (Rs.) 76.8 67.0 60.0 52.0 10.6 45.0 13.8% 13.7% 9.1 12.7% 7.6 10.6% 9.4% 5.0 4.8 FY13 FY14 FY15 FY16 FY17 FY13 FY14 FY15 FY16 FY17 FY13 FY14 FY15 FY16 FY17 14
Slide 15: One of the most profitable rural infrastructure companies
One of the most profitable rural infrastructure companies EBIDTA margin Order book Sustainable at 15% 33% in the last of order book focused on Five years generating EBIDTA in excess of 14% 15
Slide 16: RPP Infra's sustainable growth is the result of a robust business model
RPP Infra’s sustainable growth in the most challenging times is the result of a robust business model 16
Slide 17: Margin outperformance the result of a Distinctive Business Model
Margin outperformance the result of a Distinctive Business Model Spaces Regional Solutions Engaged in verticals that represent South India focus; deep terrain national priorities; proxies for‘ Design to implementation in civil homes’, ‘transportation’, ‘food’, competence; zone outperforming construc
Slide 18: 4 Principal Elements of Business Model
4 Principal Elements of Business Model A robust Balance Sheet Prudent selection of verticals 2 Order Book 1 3 Rs. 807.92 Cr 4 Rich knowledge capital Focus on government contracts 18 Order Book as on June 2017
Slide 19: Focus on Specific Verticals
Focus on Specific Verticals Civil construction (Building projects): 28.05% of revenues, 2016-17 Irrigation and water supply projects: 21.06% of revenues, 2016-17 Infrastructure and road projects: 50.88% of revenues, 2016-17 Focus on Government Projects 19
Slide 20: Government Contracts
Government Contracts Government largest infrastructure spender in India Growing delegation of spending from centre to States States spending larger amounts in most areas of the company’s presence Government contracts accounted for 100% of order book (31st March 2017) Bad debts (0.8% of turnover, 201
Slide 21: Knowledge Capital
Knowledge Capital Long Project Projects Credible experience tenure experience completion client record capability Attractive Bidding Alliances Awards and projects delivered competence recognition 21
Slide 22: Projects Experience
Projects Experience Power Projects Industries Water & Irrigation Infrastructure Building Civil work Sub Station at Atomic Energy- BHEL- Tirchy , TN Construction of Civil Supply Godown KPTCL, Karnataka Kalpakkam ( Phase I Contour Canal for at Various Places MRPL, Mangalore, & II) 49.30 Km
Slide 23: Projects Completion Capability
Projects Completion Capability Completed most projects on schedule with no delay at the company’s end Captive equipment availability Rs. 30Cr SBU-based business, resulting in project control 90 Engineers 150 Employees Aggregate experience of 1500 Person - years 23
Slide 24: Credible client record who work on Government Contracts
Credible client record who work on Government Contracts 24
Slide 25: Bidding Competence Alliances
Bidding Competence Alliances Focus on projects that represent challenges, Entered into alliances with two global companies niceness and attractive margins to strengthen pre-qualification capability Bidding competence (25% strike rate in Will enable the company to bid for larger Southern stat
Slide 26: Awards and Recognition
Awards and Recognition Excellence of Construction award from 'Kongu Polytechnic College, Perundurai, in the year 2004 Award for Construction of Anna University, Chennai in the year 2005 Excellence of construction award from 'Neyveli Lignite Corporation, Neyveli (NLC) in the year 2007 Excellence of C
Slide 27: Case for National Optimism
Case for National Optimism Prominent nation- Government focus on driving schemes growing the country’s Tamil Nadu to drive comprising ‘Power for construction, power, capital expenditure; All by 2022’, Pradhan railways, roads, Andhra Pradesh Mantri Gram Sadak Focus on stalled highways, townships focu
Slide 28: Some Macro Infrastructure Numbers
Some Macro Infrastructure Numbers 01 Andhra Government planned Rs.73,000 cr for setting up smart industrial township in 10,000 hectares involving at least 200 industries 02 Indian government pushing for reforms leading to more infrastructure projects 03 The government created a Rs 15,000 crore infra
Slide 29: A Quick Recap: 6 Points Fast-Tracking RPP Infra's Growth
A Quick Recap 6 Points that are Fast -Tracking RPP INFRA’S Growth Order Book of Rs. 807.92 as on 30th June 2017 01 Conscious avoidance of BOT & private sector-awarded projects Integrated business presence – conceptualize, conceive, 02 construction and commission infrastructure assets Significant pre
Slide 30: Board of Directors
Board of Directors A Civil Engineer by qualification Mr. R.P. Arulsundaram Started RPP in 1988 as a partnership firm Chairman and Managing Director Practical Experience of more than 23 years in construction industry Trustee in the Erode District Builder’s Association Engineering Collage Ma
Slide 31: Board of Directors
Board of Directors Bachelor of Engineering from National Institute of Technology, Fellow of Mr. K. Ravi Institution of Engineers & Certified Maintenance and Reliability Independent Director Professional Over 43 years of experience in engineering industry Holds a Bachelor of Engineering in Civi
Slide 32: Let's Connect
LET’S CONNECT RPP INFRA PROJECTS LIMITED STELLAR IR ADVISORS PVT. LTD. CIN: L45201TZ1995PLC006113 CIN: U74900MH2014PTC259212 Mr. K. JAYANTHAR Mr. VIKASH VERMA / Mr. ABHISHEK BHATT secretary@rppipl.com vikash.verma@stellar-ir.com / abhishek@stellar-ir.com www.rppipl.com