33 slides from J. Kumar Infraprojects's earnings presentation, February 2016
Slide 1: J.Kumar Infraprojects Ltd. Corporate Presentation
Slide 2: Table of Contents
TABLE OF CONTENTS Page Nos. Company Overview 02 Business Strategy 15 Order Book 16 Key Highlights 19 20 Appendix 21-23 A: Financial Highlights 24-27 C: Major Projects Completed 28-31 D: Major Projects Under Execution
Slide 3: Company Overview
COMPANY OVERVIEW Company Overview Business Verticals • J. Kumar Infraprojects Limited, promoted by Mr. Jagdishkumar M. Gupta was Transportation Civil incorporated in the year 1999 with an object to carry on the business as a Engineering Irrigation Piling Construction builders, contractor or sub cont
Slide 4: Milestones
Milestones 1980 Business Started 2008 Listed on BSE and NSE 2012 Awarded With DMRC Project worth Rs. 14,072 Mn & UPRNNL 2013 Project of Rs. 5,190 MN Revenue Crossed Rs. 10,000 Mn 2015 Awarded With Ahmedabad Metro Project worth Rs. 2016 2,781 Mn Fund Raised through QIP of Rs. 4,093 Mn 3
Slide 5: Our Key Strengths
OUR KEY STRENGTHS Operational capability in different types of infrastructure projects We have wide ranging capabilities in different infrastructure verticals including transport engineering, civil construction, irrigation and piling We have successfully completed complex structures with innovative
Slide 6: Experienced Management Team with Proven Execution Capabilities
EXPERIENCED MANAGEMENT TEAM WITH PROVEN EXECUTION CAPABILITIES Management Background He is the person instrumental in setting up this organization. He made a modest start in the year 1980 by setting up a proprietorship concern by the name of J. Kumar & Co. Since its inception, under his able leaders
Slide 7: Experienced Management Team with Proven Execution Capabilities
EXPERIENCED MANAGEMENT TEAM WITH PROVEN EXECUTION CAPABILITIES…. Management Background He has a bachelor’s degree in civil engineering from Pune University and has over five decades of experience. S.M. Thorat He retired as a Superintendent Engineer after 37 years of service in PWD, Maharashtra, and
Slide 8: Strong Financial Performance Yearly
STRONG FINANCIAL PERFORMANCE YEARLY Revenue EBIDTA 16,000 3,000 2,636 20% 13,432 20% 14,000 2,500 2,166 11,868 20% 19% 12,000 19% EBIDTA Margin % 10,007 2,000 1,762 18% 10,000 9,316 18% Rs. in Mn Rs. in Mn 1,567 8,000 1,500 18% 18% 17% 17% 6,000 1,000 17% 4,000 16% 500 2,000 16% 0 - 15% FY12 FY13 FY
Slide 9: Quarterly Financial Performance
QUARTERLY FINANCIAL PERFORMANCE Revenue (Rs. in Mn) EBIDTA (Rs. in Mn) 700 25.00% 3500 621 3034 3103 600 600 20.46% 3000 2727 525 20.00% 19.35% 2507 2559 443 19.25% 500 407 2500 17.31% 400 16.23% 15.00% 2000 1500 300 10.00% 1000 200 5.00% 500 100 0 0 0.00% Q3FY12 Q3FY13 Q3FY14 Q3FY15 Q3FY16 Q3FY12 Q
Slide 10: Nine Months Financial Performance
NINE MONTHS FINANCIAL PERFORMANCE Revenue (Rs. in Mn) EBIDTA (Rs. in Mn) 12000 2500 25% 10047 20% 10000 9402 19% 19% 2000 20% 17% 16% 1902 1942 8000 7320 6828 1500 1393 15% 6414 1184 6000 1059 1000 10% 4000 500 5% 2000 0 0 0% 9MFY12 9MFY13 9MFY14 9MFY15 9MFY16 9MFY12 9MFY13 9MFY14 9MFY15 9MFY16 PBT
Slide 11: Transportation Engineering
TRANSPORTATION ENGINEERING Overview In this business vertical, we are engaged in construction of Mono Rail, ROB’s, RUB’s Metro Rail (Underground & Elevated) roads, flyovers, bridges, skywalks, airport runways and storm water drainage works We have over 2 decades of experience in transport engineerin
Slide 12: Piling
PILING Overview Piling is a specialized activity carried out with hydraulic piling rigs We build pile foundations for buildings and flyovers, marine structures and offshore platforms In 2007 we started a new piling division and We are one of the leading piling contractors in the country Currently we
Slide 13: Some of our Prestigious Projects
Some of our Prestigious Projects ROB at Dahisar Flyover at Dindoshi, Mumbai Flyover at Hindmata Flyover at Times of India Bridge at Bandra -Mahim Balewadi Flyover, Pune Grade Separator, Pune Flyover at Panjarapole, Mumbai Skywalk at Bandra, Mumbai Skywalk at Cottengreen, Mumbai DMRC CC-24 Tunnel Fly
Slide 14: Some of our Prestigious Projects
Some of our Prestigious Projects DMRC CC-02 Kherwadi Flyover, Mumbai Mahape Flyover, Mumbai Sion-Panvel High Way Jogeshwari ROB, Mumbai Dhankawadi Flyover, Pune ESIC Hospital, Alwar Navi Mumbai Metro Flyovers Flyovers being being constructed constructed across across theMaharashtra Maharashtra 13
Slide 15: Large Fleet of Owned Machinery and Equipment
Large Fleet of Owned Machinery and Equipment Overview Ownership of Machinery Overview & Equipment Sr. No. Type of Equipment No. O f Units Kind & Make We believe that ownership of 1 Tunnel Boring Machine 4 Terratec machineries and equipment is 2 Hydraulic Piling Rig 22 MAIT our key to timely completi
Slide 16: Business Strategy
BUSINESS STRATEGY Piling Increasing the order book Increasing the scope of work for each order Associating ourselves with larger projects Drive Revenue Increasing fleet of equipment to improve efficiency Increasing Sectoral Coverage Enhancing pre -qualification strengths through strategic alliances
Slide 17: Strong Order Book (Including L1) as on December 2015
STRONG ORDER BOOK (INCLUDING L1) (AS ON 31 DECEMBER, 2015) ST Growth in Order Book (Rs. In Mn) Business Wise Break - up 50000 0.40% 0.32% 46,868 47,365 2.30% 44,012 40000 37,303 30000 25,313 96.98% 20000 Transportation Civil Irrigation Piling Total Business Verticals Engineering Construction Project
Slide 18: Key Customers
Key Customers Transportation Engineering Civil Construction UPRNN Vidharbh Irrigation Pimpri Irrigation Bambla Canal Division, Irrigation Development Corporation Division, Yavatmal Yavatmal Piling Prominent names in the industry choose to BRIDGE with J. Kumar 17
Slide 19: Risks to Our Business
RISKS TO OUR BUSINESS In transportation engineering contracts, we face execution risk mainly related to delay in execution due to land Project acquisition problems and environmental clearances, the primary responsibility of which rests with the government Execution Historically, we have been very ac
Slide 20: Key Highlights
KEY HIGHLIGHTS Leaders of this niche segment Reputed client base - Operate with Government margins better and Private then the industry Large fleet of owned Increasing and machineries diversified order book Huge macro potential Experienced backed by management proven team execution capabilities 19
Slide 21: Appendix
APPENDIX
Slide 22: Financial Highlights – Balance Sheet
Financial Highlights – Balance Sheet Balance Sheet Extracts (Rs. in Mn) Fiscal 2012 Fiscal 2013 Fiscal 2014 Fiscal 2015 Equity Share Capital 278 278 278 322 Reserves and Surplus 4,112 4,756 5,475 7,569 Loan Funds 1,706 2,362 5,571 5,154 Net Fixed Assets 2,066 3,101 5,007 4,933 Current Assets 6,447 8
Slide 23: Financial Highlights – Profit & Loss Statement
Financial Highlights – Profit & Loss Statement Profit & Loss (Rs. in Mn) Fiscal 2012 Fiscal 2013 Fiscal 2014 Fiscal 2015 Total Income (FY Income from Operation 9,316 10,007 11,868 13,432 2012–15) CAGR of 12.97% Other Income 67 89 108 130 Total Income 9,383 10,096 11,976 13,562 Growth % -1.9% 7.6% 18
Slide 24: Financial Highlights – Profit & Loss Statement
Financial Highlights – Profit & Loss Statement Profit & Loss (Rs. in Mn) Q3 Fiscal 16 Q3 Fiscal 15 9M Fiscal 16 9M Fiscal 15 Income from Operation 3,102 3,034 10,046 9,402 Other Income 31 24 91 76 Total Income 3,133 3,058 10,137 9478 Growth % 2.45% 6.95% Operating Expenses EBIDTA 600 621 1942 1902 D
Slide 25: Major Projects Completed - Transportation Engineering
Major Projects Completed - Transportation Engineering Name of Work executed Client Work Done (Rs. In Mn) Design and Construction of Flyover on Dr Baba Saheb Ambedkar Road, Mumbai, Maharashtra MMRDA 1,830 Augmentation of SWD system catchment No. 117 BPT Colony, Raiwlay yard and Training of Kharoo Cre
Slide 26: Major Projects Completed – Transportation Engineering
Major Projects Completed – Transportation Engineering Name of Work executed Client Work Done (Rs. In Mn) Development of Pedestrian Skywalk Bridge (Phase II) Package-2 (Wadala Road, Sewree, Reay Road and Sandhurst Road) MSRDC 400 Construction of Pedestrian Skywalk at Kharghar, Navi Mumbai CIDCO 379 C
Slide 27: Major Projects Completed – Transportation Engineering
Major Projects Completed – Transportation Engineering Name of Work executed Client Work Done (Rs. In Mn) Work Code No. W 248(A) - Concreting of Film City Road, Goregaon (East) from Walbhat Brdige to Film City Gate B MCGM 227 Construction of skywalk at Mira Road (East) MMRDA 220 Construction of flyov
Slide 28: Major Projects Completed– Civil Construction, Irrigation
Major Projects Completed– Civil Construction, Irrigation Major Projects Completed– Civil Construction Name of Work executed Client Work Done (Rs. In Mn) Modernization & computerization of Integrated Border Check Posts at 22 locations in the State of Sadbhav Engineering 299 Maharashtra on Build, Oper
Slide 29: Work Order Projects Under Execution – Transportation Engineering
Work Order Projects Under Execution – Transportation Engineering Value of uncompleted Contract value (Rs. Name of the Project work (Rs. in Mn) as on Type of Projects in Mn) 31.12.2015 Design and Construction of Tunnel by Shied TBM, Tunnels, Stations and Ramp by Cut & Cover method between Lajpat Naga
Slide 30: Work Order Projects Under Execution – Transportation Engineering - Contd…
Work Order Projects Under Execution – Transportation Engineering - Contd… Value of uncompleted Contract value Name of the Project work (Rs (Rs. Rs. in Mn) Mn) as on Type of Projects (Rs. Rs. in Mn) Mn) 31.12.2015 Design & Construction of Depot-cum-Workshop at Taloja for Navi Mumbai Metro Line -1 Ten
Slide 31: Work Order Projects Under Execution – Transportation Engineering - Contd…
Work Order Projects Under Execution – Transportation Engineering - Contd… Value of Contract value uncompleted work Name of the Project Type of Projects (Rs. in Mn) (Rs. in Mn) as on 31.12.2015 ES- 136 Training of Mithi River (Widening & Deepening of R.C.C. Retaining wall and service Road) 434.17 123
Slide 32: Major Projects Under Execution – Civil Construction, Irrigation & Piling
Major Projects Under Execution – Civil Construction, Irrigation & Piling Projects Under Execution – Civil Construction Value of uncompleted work Contract value Name of the Project (Rs. in Mn) Mn) as on Type of Projects (Rs. in Mn) Mn) 31.12.2015 Construction of Building in Rajasthan from Uttar Prade
Slide 33: Disclaimer
DISCLAIMER This Information Package is distributed by J. Kumar Infraprojects Ltd. on a strictly confidential basis for information only. This Information Package and the information and projections contained herein may not be disclosed, reproduced or used in whole or in part for any purpose whatsoev