45 slides from J. Kumar Infraprojects's earnings presentation, Aug 8, 2023
Slide 1: Exchange filing cover letter for investor presentation
J. KUMAR INFRAPROJECTS LIMITED Regd Off: J. Kumar House, CTS No. 448, 448/1, 449, Subhash Road, Vile Parle (East), Mumbai 400 057, Maharashtra, India Phone: +91 22 67743555. Fax: +91 22 26730814, Email: info@jkumar.com, investor.grievances@jkumar.com Website: www.jkumar.com , CIN: L74210MH1999PLC122
Slide 2: J. Kumar Infraprojects Limited Q1 FY24 Results Update
We dream… So we achieve… J. Kumar Infraprojects Limited Artist impression of Elevated Corridor from Investor Presentation Chennai Port to Maduravoyal Q1 FY24 Results Update
Slide 3: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by J. Kumar 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 se
Slide 4: Table of Contents
Table of Contents Performance Highlights We dream… So we achieve… Company Overview Vision 2027 – Billion $ Company Business Overview Management Overview Detailed Financial Historical Financials Investor Presentation | Q1 FY24 Results Update 3 3
Slide 5: Performance Highlights
We dream… So we achieve… Performance Highlights We dream… So we achieve… Investor Presentation | Q1 FY24 Results Update
Slide 6: Q1FY24 Key Financial Highlights
Q1FY24 Key Financial Highlights Revenue ₹ 1,131 crores 14% EBITDA We dream… So we achieve… 15% ₹ 162 crores PAT ₹ 73 crores 18% EPS 18% ₹ 9.63 Cash PAT ₹ 114 crores 15% Investor Presentation | Q1 FY24 Results Update 5
Slide 7: Q1 FY24 Profit & Loss
Q1 FY24 Profit & Loss Particulars (₹ In Cr) Q1 FY24 Q1 FY23 Y-O-Y Q4 FY23 FY23 FY22 Y-O-Y Revenue from Operations 1,131.3 993.8 14% 1,134.2 4,203.1 3,527.2 19% Cost of Material Consumed 750.9 670.0 741.6 2,784.0 2,268.2 Construction Expenses 118.7 104.6 129.7 456.6 417.6 Employee Expenses 85.5 68.8
Slide 8: Robust Performance
Robust Performance Revenue (₹ Crores) EBITDA (₹ Crores) We dream… So we achieve… Quarter 15% Y-o-Y 14% Y-o-Y 12 Months 18% Y-o-Y 19% Y-o-Y Investor Presentation | Q1 FY24 Results Update 7
Slide 9: Robust Performance
Robust Performance PAT (₹ Crores) CASH PAT (₹ Crores) We dream… So we achieve… Quarter 18 % Y-o-Y 15% Y-o-Y 12 Months 33% Y-o-Y 22% Y-o-Y Investor Presentation | Q1 FY24 Results Update 8
Slide 10: Revenue Breakup
Revenue Breakup Segment Wise Breakup (%) Geographical Break up (%) Q1 FY 24 We dream… So we achieve… FY 23 Investor Presentation | Q1 FY24 Results Update 9
Slide 11: Debt Profile
Debt Profile Long Term Debt (Incl. Short Term Debt Gross Debt Current Maturities) (₹ In Cr) (₹ In Cr) (₹ In cr) We dream… So we achieve… Debt Equity Ratio • Gross debt equity ratio within comfort level at 0.21x as on June 30, 2023 • Net debt equity ratio at 0.02x as on June 30, 2023 • Rated ICRA A+/
Slide 12: Order Wins FY24
Order Wins FY24 ➢ LOA from NHAI to J. KUMAR-AZVIRT (JV) for Construction of New Double Tier 4-lane Elevated Corridor from Chennai Total Order Inflow during FY 24 - ₹ 3,570 crores Port to Maduravoyal in Chennai District from Km -0+342 to Km 20+593 on EPC mode under Bharatmala Pariyojana - Package 1 f
Slide 13: Order Book Breakup
Order Book Breakup Order Backlog Order Backlog Name of the Project Client Name Name of the Project Client Name (₹ Cr) (₹ Cr) Mumbai Metro Line-09-07A (CA48) MMRDA 1,214 Chennai Elevated Corridor (Pkg 1 to 4) # NHAI 3,570 Mumbai Metro Line-2B C101 MMRDA 811 Dwarka Expressway-Pkg-01 NHAI 750 Mumbai Me
Slide 14: Healthy Order Book of ₹ 14,351 Cr
Order Book Segment Wise Break-up (%) Sub-segment wise Break-up (%) Healthy Order Book of ₹ 14,351 Cr We dream… So we achieve… Geographical Break-up (%) Client wise Break-up (%) Investor Presentation | Q1 FY24 Results Update 13
Slide 15: Company Overview
Company Overview We dream… So we achieve… We dream… So we achieve…
Slide 16: About J. Kumar Infraprojects
About J. Kumar Infraprojects 1999 PAN India Flyovers & Metro Quality 30+ Ongoing ~7,500* Presence Bridges Projects Execution Projects Incorporated to Established Constructed Amongst few Currently Strong undertake Delivering Quality presence in states of most of the construction Employee We dream… So
Slide 17: Our Offerings
Our Offerings We dream… So we achieve… Metro Flyover & Bridges Roads & Tunnels Civil & Others Water • Metro Underground • Elevated Corridor • Roads • Hospital / Medical • Sewage Treatment • Metro Elevated • Flyovers • Highways Colleges Plants • Metro Elevated • Bridges • Expressways • Railway Termin
Slide 18: Our Growth Story
Our Growth Story Revenue crossed ₹ 4,200 cr 2023 Awarded contracts worth ₹ 2,652 cr Revenue crossed ₹ 3,500 cr 2022 Awarded contracts worth ₹ 3,685 cr We dream… So we achieve… Awarded contracts worth ₹ 4,289 cr 2020 which includes ₹1,998 crore order from MMRDA on standalone basis Awarded Metro Proje
Slide 19: Vision 2027 – Billion $ Company
Vision 2027 – Billion $ Company We dream… So we achieve…
Slide 20: Advantage India
Advantage India Capital Outlay Metro 01 ₹ 10 lakh crore (US$ 130.57 ₹ 19,518 crores 02 billion) to enhance the allocation for Metro We dream… So we achieve… infrastructure sector Projects National Highways Union Housing Sector 06 Allocated ₹ 1.34 lakh Budget ₹ 0.77 lakh crores (US$ 9.85 03 crores (U
Slide 21: Towards a Billion $ Revenue Company
Towards a Billion $ Revenue Company Growth Envisaged in ₹ 14,351 cr ₹ 20,000+ cr VISION Order Book 2027 Current Order book Expected Order Book in FY27 We dream… So we achieve… • Metro Projects • Flyover, Bridges & Roads Metro projects to be • STP, Sewerage & Water the major contributor in Billion $
Slide 22: Strengthening Business, Organization & Governance
Strengthening Business, Organization & Governance Strengthening the Business Building the Organisation Reinforcing Governance • Larger Complex projects • Individual Profit Centers • Reconstituted the Board by • Segment Diversification • Centralised Planning & induction of new independent We dream… S
Slide 23: Key Strengths
Key Strengths Bidding Eligibility Larger Project Execution Timely Completion • Built Bidding capacity for larger projects • Undertaking & Execution of • Impeccable Track record of • Amongst Top 5 EPC players eligible to Large & complex projects completing complex projects undertake U/G Metro such as
Slide 24: Business Overview
Business Overview We dream… So we achieve…
Slide 25: Major Completed Projects
Major Completed Projects We dream… So we achieve… Mumbai Metro Line 2A Mumbai Metro Line 7 Delhi Underground Metro Delhi Elevated Metro Ahmedabad Metro ESIC Hospital Cum Medical College- Alwar Investor Presentation | Q1 FY24 Results Update 24
Slide 26: Major Completed Projects
Major Completed Projects We dream… So we achieve… JNPT - Mumbai Panjarapol Flyover Grant road Skywalk Amar Mahal Flyover Chheda Nagar Flyover Part 1 BKC- Chunabhatti Flyover Investor Presentation | Q1 FY24 Results Update 25
Slide 27: Major Ongoing Projects
Major Ongoing Projects We dream… So we achieve… Mumbai Underground Metro Line 3 Mumbai Metro Line 9 Pune Elevated Metro Mumbai Metro Line 4A Mumbai Metro Line 6 Pune Underground Metro 26 Investor Presentation | Q1 FY24 Results Update 26
Slide 28: Major Ongoing Projects
Major Ongoing Projects We dream… So we achieve… Chhedanagar Flyover Motagaon Creek Bridge Dwarka Expressway Kalwa Bridge Thane SCLR Flyover Sewri Worli Elevated 27 Investor Presentation | Q1 FY24 Results Update 27
Slide 29: Major Ongoing Projects
Major Ongoing Projects We dream… So we achieve… RML, Lucknow Vadodara Mumbai Expressway, IRCON Pune Riverfront Airoli Flyover Delhi Metro Dwarka Expressway 28 Investor Presentation | Q1 FY24 Results Update 28
Slide 30: Fleet of Modern Equipment
TBM Machine Dumper / Tipper Launching Girder Piling Machine RMC Plant Bitumen Plant Fleet of Modern Equipment Investor Presentation | Q1 FY24 Results Update Casting Yard Segment Rolling Straddle Carrier 29 We dream… So we achieve…
Slide 31: Strong Client Base
RAILWAYSStrong Client Base METRO & We dream… So we achieve… FLYOVER & BRIDGES CIVIL AND OTHERS UPRNNL Investor Presentation | Q1 FY24 Results Update 30
Slide 32: Management Overview
Management Overview We dream… So we achieve…
Slide 33: Experienced & Visionary Leadership
Experienced & Visionary Leadership We dream… So we achieve… Mr Kamal J Gupta Mr Jagdish Kumar Gupta Dr Nalin J Gupta Managing Director Executive Chairman Managing Director ➢ Bachelor in Civil Engineering, joined ➢ Commerce Graduate & Member ➢ 50+ years of experience in JKIL in 1996 having 27 years o
Slide 34: Independent Directors
Independent Directors Mr. Raghav Chandra Mr. Sidharath Kapoor Ms. Archana S. Yadav We dream… So we achieve… • Masters in Public • Chartered Accountant Administration from Harvad (rank holder), CS and • Chartered Accountant University, USA. He is MSc. in GAMP from ISB. with over 15 years of Mathemati
Slide 35: Strong Focused Management Team
Strong Focused Management Team Shaibal Roy Mayank Kumar Jain Madan Biyani Ex Vice President - Projects Head Transportation-Projects Chief Financial Officer We dream… So we achieve… Sudhakar Thorat Prashant Joshi Rajendra Sharma Head - Central Planning & Vice President - Projects Head - CPMG Monitori
Slide 36: Historical Financials
Historical Financials We dream… So we achieve…
Slide 37: Profit & Loss
Profit & Loss Particulars (₹ In Cr) FY17 FY18 FY19 FY20 FY21 FY22 FY23 CAGR Revenue from Operations 1,604 2,051 2,787 2,971 2,571 3,527 4,203 17% Cost of Material Consumed 966 1,209 1,720 1,817 1,612 2,268 2,784 Construction Expenses 418 457 Employee Expenses 127 197 248 299 231 279 309 We dream… So
Slide 38: Balance Sheet
Balance Sheet As at As at As at As at Particulars (₹ in Cr) Particulars (₹ in Cr) Mar 2023 Mar 2022 Mar 2023 Mar 2022 ASSETS EQUITY AND LIABILITIES Non-Current Assets Equity Property, plant and equipment 925 790 Equity Share Capital 38 38 Capital work-in-progress 107 152 Other Equity 2,302 2,049 We
Slide 39: Cash Flow
Cash Flow Particulars (₹ In Cr) FY 23 FY 22 PBT 374 283 Adjustments 224 226 Operating profit before working capital changes 598 509 We dream… So we achieve… Changes in working capital (323) (65) Cash generated from operations 275 444 Direct taxes paid (net of refund) (92) (63) Net Cash from Operatin
Slide 40: Key Financial Indicators
Key Financial Indicators Revenue from Operations ₹ Cr EBITDA ₹ Cr We dream… So we achieve… PAT ₹ Cr Cash PAT ₹ Cr Investor Presentation | Q1 FY24 Results Update 39
Slide 41: Revenue – Key Contributors
Revenue – Key Contributors METRO - UNDERGROUND (₹ cr) We dream… So we achieve… METRO - ELEVATED (₹ cr) Investor Presentation | Q1 FY24 Results Update 40
Slide 42: Revenue – Key Contributors
Revenue – Key Contributors We dream… So we achieve… FLYOVER & BRIDGES (₹ cr) ROADS & TUNNELS (₹ cr) CIVIL & OTHERS (₹ cr) Investor Presentation | Q1 FY24 Results Update 41
Slide 43: Strong Financial Metrics
Strong Financial Metrics Asset Turnover Ratio Working Capital Days We dream… So we achieve… ROE ROCE Investor Presentation | Q1 FY24 Results Update 42
Slide 44: Order Book as on March 31, 2023
Order Book as on March 31, 2023 Order Book (₹ crores) Order Inflow (₹ crores) We dream… So we achieve… Order Book to Sales (x) Investor Presentation | Q1 FY24 Results Update 43
Slide 45: Thank You
Thank You We dream… So we achieve… Company : Investor Relation Advisors: J. Kumar Infraprojects Ltd. Marathon Capital Advisory Pvt. Ltd. Madan Biyani Rahul Porwal - rahul@marathoncapital.in Chief Financial Officer Amit Porwal - amit@marathoncapital.in Ph: +91-22-67743555 Mo. : +91-9967576900 / 98197