H.g. Infra Engineering Ltd. · NSE:HGINFRA

H.g. Infra Engineering — Q3 FY2023 Earnings Presentation

20 slides from H.g. Infra Engineering's earnings presentation, Feb 8, 2023

  1. Slide 1: Exchange filing cover letter for investor presentation

    CIN : L45201 RJ2003PLCO18049 HGIELI February 08, 2023 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block-G, Dalal Street, Bandra Kurla Complex, Bandra (East), Mumbai- 400 001 Mumbai-400 051 Scrip Code-541019/ 973671 Scrip Symbol- HGINFRA Dear S

  2. Slide 2: Q3 & 9MFY23 Investor Presentation

    H.G. INFRA Engineering Limited Q3 & 9MFY23 Investor Presentation Gurgaon Sohna

  3. Slide 3: Company Overview

    Company Overview Leading Road/ Highway Construction Company Pan India Presence (Incorporation) North 57% 20 18 10 9 100% South 24% Years of execution Active Projects HAM Projects States India East 16% West 3% StrongGrowth Trajectory RobustBusinessModel 27% 29% 42% 2100+ Multiple Revenue CAGR (4 EBIT

  4. Slide 4: Q3FY23 Financial Highlights

    Q3FY23 Financial Highlights

  5. Slide 5: Consistent Standalone Financial Performance

    Consistent Standalone Financial Performance Revenue EBITDA & EBITDA Margin (%) PAT & PAT Margin (%) 16.5% 16.7% 9.6% 9.8% Quarter Highlights 11,312 9,224 23% 1,893 24% 1114 1,521 25% 889 Q3FY22 Q3FY23 Q3FY22 Q3FY23 Q3FY22 Q3FY23 16.5% 16.0% 9.6% 9.3% Nine Months Highlights 29,489 25,893 14% 10% 4,72

  6. Slide 6: Standalone Profit & Loss Statement

    Standalone Profit & Loss Statement All figures in INR Million Particulars Q3FY23 Q3FY22 YoY 9MFY23 9MFY22 YoY Revenue from operations 11,312 9,224 22.6% 29,489 25,893 13.9% Cost of material consumed 5,180 4,390 14,582 12,853 Contract and site expenses 3,581 2,904 8,531 7,559 Employee expenses 543 32

  7. Slide 7: Consolidated Profit & Loss Statement

    Consolidated Profit & Loss Statement All figures in INR Million Particulars Q3FY23 Q3FY22 YoY 9MFY23 9MFY22 YoY Revenue from operations 11,850 9,583 23.7% 30,866 26,867 14.9% Cost of material consumed 5,180 4,390 14,582 12,853 Contract and site expenses 3,592 2,910 8,563 7,573 Employee expenses 549

  8. Slide 8: Debt Breakup as on Dec'22

    Debt Breakup as on Dec’22 Consolidated Debt Breakup Standalone Debt Breakup 30% 17% 83% 70% Term Loan Working Capital Standalone Debt Project Debt Consolidated Debt Break-up Dec’22 (Rs. Mn) Standalone Debt Break-up Dec’22 (Rs. Mn) Standalone debt 4714.71 Term loan + current maturities* 3894.89 Proje

  9. Slide 9: Healthy Balance Sheet

    Healthy Balance Sheet Net Working Capital (Days) Debt to Equity (x) Debtor Days Inventory Days Creditor Days 46 41 33 31 37 Days Days Days Days Days 0.58 95 91 88 0.45 79 69 69 63 62 54 0.28 0.29 49 46 45 42 0.23 38 36 FY19 FY20 FY21 FY22 9MFY23 FY19 FY20 FY21 FY22 9M FY23  Debtor days = Average Tr

  10. Slide 10: Q3FY23 Operational Highlights

    Q3FY23 Operational Highlights

  11. Slide 11: Well diversified order book as on 31st December 2022

    Well diversified order book as on 31st December 2022 Unexecuted Awarding Project Completion Progress Project Value Authority Status as on 31st Dec’ 22 (Rs Mn) Client type break-up : Private Ganga Expressway Adani Under Execution 4.9% 42,202 Govt. 40% Optimum mix of prime Raipur-Visakhapatnam OD5 NHA

  12. Slide 12: Other Projects update during 9MFY23

    Other Projects update during 9MFY23 Project Awarded Details of LOA issued after 01.04.2022 S. No. Project Name LOA issued on Construction of 6 - Lane Greenfield Karnal Ring Rd starting from NH44 near Vill Shamgarh ( Design Km 0+00) and terminating 1 at Karnal Munak Road (MDRI115) Vill Samalakhal (De

  13. Slide 13: An expanding portfolio of HAM projects

    An expanding portfolio of HAM projects All figures in INR Million Grant Total Invested Debt as on Awarding BPC Project State Kms Lanes Amount Debt Equity 31st Dec ‘22 authority (Rs. Mn) (Rs. Mn) (Rs. Mn) (Rs. Mn) (Rs. Mn) Gurgaon-Sohna NHAI Haryana 12.7 6,060 2,424 2,879 729 2,729 (Rajiv chowk) Rewa

  14. Slide 14: Diversifying Order Book: first non-highway project from DMRC

    Diversifying Order Book H.G Infra's first non – highway project from the Delhi Metro Rail Corporation Limited (DMRC) HG Infra Bid DMRC Estimated Length Constructi Project Name Project Status Project Cost (Rs.Cr) (Km) on Period Cost (Rs. Cr) Part Design and Construction of Elevated Viaduct and four E

  15. Slide 15: HG Infra – Journey So Far

    HG Infra – Journey So Far HG Infra Board Presentation – Q3 & 9MFY23 14

  16. Slide 16: One of the Fastest growing EPC Companies

    One of the Fastest growing EPC Companies Revenue (Rs Mn) 90,000 Order Book (Rs Mn) 40,000 80,000 15% 35,000 27% 70,000 30,000 60,000 25,000 50,000 20,000 40,000 79,729 36,152 71,028 70,400 15,000 30,000 62,223 25,350 21,961 46,071 10,000 20,098 20,000 13,927 5,000 10,000 0 0 FY18 FY19 FY20 FY21 FY22

  17. Slide 17: Profitability Growth Outpacing Revenue Growth

    Profitability Growth Outpacing Revenue Growth 7,000 EBITDA (Rs Mn) and EBITDA MARGIN17.0% (%) PAT (Rs Mn) & PAT MARGIN (%) ROCE & ROE (%) 33% 4,000 9.3% 10.0% 32% 6,000 5,847 42% CAGR 29% CAGR 16.5% 3,500 3,387 9.0% 28% 28% 16.4% 7.5% 8.3% 5,000 8.0% 16.2% 3,000 16.0% 4,181 7.0% 6.0% 6.1% 25% 4,000

  18. Slide 18: Strong Repository of Assets Promoting Efficiencies

    Strong Repository of Assets Promoting Efficiencies Gross Block (Rs Mn) Fixed Asset Turn Over (X) 9,000 9 8,077 8,000 7,602 8 7.8 6,898 7,000 7 6,106 6,000 6 5.2 4,897 5,000 5 4.5 4.6 4.6 4,000 4 3,000 3 2,000 2 1,000 1 0 0 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 Fleet of modern constructio

  19. Slide 19: Standalone Historical Profit & Loss Statement

    Standalone Historical Profit & Loss Statement All figures in INR Million Particulars 9MFY23 FY22 FY21 FY20 FY19 Revenue from operations 29,489 36,152 25,350 21,961 20,098 Cost of material consumed 14,582 17,919 11,857 8,926 8,919 Contract and site expenses 8,531 10,763 7,952 8,137 6,665 Employee exp

  20. Slide 20: Thank You

    Thank You Company Contact: Rajeev Mishra (CFO) rajeev.mishra@hginfra.com III Floor, Sheel Mohar Plaza, A-1, Tilak Marg, C-Scheme, Jaipur - 302001 Investor Relations Contact: Sana Kapoor Go India Advisors sana@GoIndiaAdvisors.com M:+91 81465 50469 Priya Sen Go India Advisors priya@GoIndiaAdvisors.com

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