Rpp Infra Projects Ltd. · NSE:RPPINFRA
Rpp Infra Projects — Q4 FY2018 Earnings Presentation
23 slides from Rpp Infra Projects's earnings presentation, May 2018
Slide 1: RPP Infra Projects
RPP INFRA PROJECTS One of India’s most profitable rural infrastructure companies Investor Presentation | May 2018
Slide 2: Agenda
Agenda 01 Company Overview 02 02 Robust Order book 04 03 Financial Performance 06 2
Slide 3: Company Overview
Company Overview
Slide 4: RPP Infra – Rural Focused EPC Player
RPP Infra – Rural Focused EPC Player Focused EPC Player, presence in Water management Infrastructure, Water management & Buildings Order Book 274 crores Technical Eligibility 200 crores EBITDA Margins (Approx.) 15-18% Executing projects majorly Experienced management in South, entering new and excel
Slide 5: Exceptional Execution Capability
Exceptional Execution 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 5
Slide 6: Experienced Management…
Experienced Management… ▪ 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
Slide 7: …Experienced Management
…Experienced Management Mr. K. Ravi ▪ Bachelor of Engineering from National Institute of Technology, Fellow of Institution of Engineers & Independent Director Certified Maintenance and Reliability Professional ▪ Over 43 years of experience in engineering industry Mr. P.R. Sundararajan ▪ Holds a Bach
Slide 8: Credible Clientele
Credible Clientele Ree MRITES THF INFRASTRUCTURF PFOPLE
Slide 9: Marquee Projects
Marquee Projects Power Projects Civil work Infrastructure Industries Water & Irrigation Building • Sub Station at KPTCL, • Atomic Energy- Kalpakkam • BHEL- Tirchy , Chennai- • Construction of Contour Canal • 1000Nos of Houses for IDP’s Karnataka ( Phase I & II) TN for 49.30 Kms at Udumalpet. in Sri
Slide 10: Robust Orderbook
Robust Orderbook
Slide 11: Diversified Orderbook – Good Revenue Visibility
Diversified Orderbook – Good Revenue Visibility Quarterly Order Book Trend Annual Order Book Trend 831 844 784 786 808 1,044 895 1173 536 857 725 786 1173 34% 30% 39% 41% 52% 38% 30% 47% 27% 19% 28% 32% 32% 28% 23% FY14 FY15 FY16 FY17 FY18 Buildings Water Management Infrastructure 11
Slide 12: Widening Horizons – Ready for next growth phase
Widening Horizons – Ready for next growth phase FY14 FY15 FY16 FY17 FY18 Region Rs. Crores % Share Rs. Crores % Share Rs. Crores % Share Rs. Crores % Share Rs. Crores % Share Tamil Nadu 395 74% 711 83% 588 81% 340 43% 462 40% Karnataka 63 12% 54 6% 75 10% 187 24% 155 13% Andhra Pradesh - - 30 3% 43
Slide 13: Order Inflow – Renewed Focus on Road Sector
Order Inflow – Renewed Focus on Road Sector Order Inflow of Rs. 900 Crore (FY18) KSPH&IDCL (Karnataka State Police Housing and Maharashtra Kerala Infrastructure TWAD Board State Road Infrastructure & Tamilnadu Civil Development (Tamilnadu Development Technology of Supplies Corporation Water Supply &
Slide 14: Strong Order Pipeline
Strong Order Pipeline TANTRANSCO worth of Rs. 46 Crore Tamilnadu Water Supply and Drainage Board worth ofRs. 67 Crore Ceylon Electricity Board Sri Lanka/Siemens worth of Rs. 19 Crore Robust orders in pipeline Lowest bidder worth Bihar Rajya Jal Parishad worth of Rs.117 Crore worth Rs.1036 Crore Rs.
Slide 15: Infrastructure – Road New Sunrise segment
Infrastructure – Road New Sunrise segment • Rs 1.2 tn (USD 18.7bn) allocated for road sector under Union Budget 2018-19 01 • Rs 710 bn (US$ 10.97 bn) allocated for development of National Highways • In next 2-3 years, Rs 3.9 tn for state-level expressways & ring roads, as well as for urban infra & m
Slide 16: Water Management – High Margin segment
Water Management – High Margin segment • World Bank sanctioned loan of Rs 27 bn for Maharashtra, improving water harvesting structures 01 • Special package worth Rs. 136 bn approved for 83 surface minor irrigation projects; of which 66 in Vidarbha &17 in the Marathwada region • Total 140.13 mn hecta
Slide 17: Buildings – Renewed Focus Area Affordable Housing
Buildings – Renewed Focus Area Affordable Housing • In Union Budget 2017‐18, GOI to build 10mn houses for the urban poor by 2019 01 • Allocated USD 3.5bn (Rs 0.23 tn) for PMAY ‘Housing for All by 2022’ • Affordable housing finance sector to attract Rs 130 tn of investments over by FY22 02 • Governme
Slide 18: Robust Financial Performance
Robust Financial Performance
Slide 19: Robust Financial Performance – FY18 & Q4FY18
Robust Financial Performance – FY18 & Q4FY18 Revenue EBITDA PBT Rs. 505.47 Crore Rs. 72.40Crore Rs. 47.04 Crore FY18 + 36.81% YoY + 35.72% YoY + 48.86% YoY 19.24 142.89 13 118.93 14.61 9 Q4FY18 Q4FY17 Q4FY18 Q4FY17 Q4FY18 Q4FY17 Q4FY18 2
Slide 20: Financial Trend…
Financial Trend… EBITDA (Rs. Cr) Revenue (Rs. Cr) PAT (Rs. Cr) EBITDA Margin (%) 15.1% 16.3% 17.3% 16.2% 14.4% 14.5% 72.4 499.13 23.9 20.7 52.8 51.2 366.3 17.3 45.6 314.7 38.9 13.5 38.0 263.1 257.2 232.9 11.3 10.9 FY13 FY14 FY15 FY16 FY17 FY18 FY13 FY14 FY15 FY16 FY17 FY18 FY13 FY14 FY15 FY16 FY17 F
Slide 21: …Financial Trend
…Financial Trend Book Value Per Share (Rs.) RONW (%) EPS (Rs) 82.79 76.77 67.00 60.00 52.00 10.56 45.00 9.14 13.75% 13.69% 12.71% 7.64 10.55% 9.43% 5.97 5.01 7.23% 4.80 FY13 FY14 FY15 FY16 FY17 FY18 FY13 FY14 FY15 FY16 FY17 FY18 FY13 FY14 FY15 FY16 FY17 FY18 * Adjusted PAT excluding Tax expense of R
Slide 22: Profitability Highlights – FY18 & Q4FY18
Profitability Highlights – FY18 & Q4FY18 Rs. Crore Q4FY18 Q4FY17 YoY FY18 FY17 YoY Revenue from Operations 142 118 20% 499 366 36% Other Income 1 1 6 4 Total Income 143 119 20% 505 370 36% Raw Material & Fuel Costs 116 95 398 293 36% Employee Cost 2.50 2 9 6 50% Other Cost 5 6.40 26 16 44% EBITDA 20
Slide 23: Balance Sheet Highlights – FY18
Balance Sheet Highlights – FY18 Rs. Crore FY18 FY17 Rs. Crore FY18 FY17 Shareholder’s Funds 188 175 Non-current assets 35 35 Property Plant & Equipment 30 28 Share capital 23 23 CWIP 4 Other Equity 165 152 Other Intangible Assets - Non-current liabilities 13 19.42 Financial Assets - Investment 1 - B