J. Kumar Infraprojects Limited · NSE:JKIL
J. Kumar Infraprojects — Q4 FY23 Earnings Presentation
47 slides from J. Kumar Infraprojects's earnings presentation, May 23, 2023
Slide 1: Exchange filing cover letter under Regulation 30
J. KUMAR INFRAPROJECTS LIMITED Regd. Off: J. Kumar House, CTS No. 448, 448/1, 449, Subhash Road, Vile Parle (East), Mumbai - 400 057, Maharashtra. Phone: +91 22 67743555, Fax: +91 22 26730814, Email: info@jkumar.com, Website: www.jkumar.com, CIN: L74210MH1999PLC122886 23rd May, 2023 To, The General
Slide 2: Investor Presentation Q4 & FY23 Results Update
We dream… So we achieve… J. Kumar Infraprojects Limited Investor Presentation Q4 & FY23 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 01 Our Major Achievements in FY23 02 Company Overview We dream… So we achieve… 03 Performance Highlights 04 Results Vision Highlights 2027 – Billion $ Company 05 Business Overview 06 Management Overview 07 HistoricalFinancial Detailed Financials Investor Presentation | Q4 & FY23 Re
Slide 5: Our Major Achievements in FY23
Our Major Achievements in FY23 Bringing Pride to Nation - Delivering Project of National Importance We dream… So we achieve… Mumbai Metro Line 7 Mumbai Metro Line 2 A JNPT Mumbai Metro Line 7 from Andheri Mumbai Metro Line 2A from Dahisar JNPT Port Connectivity between (E) to Dahisar (E) is 16.5 Km
Slide 6: Our Major Achievements in FY23
Our Major Achievements in FY23 We dream… So we achieve… Chheda Nagar Flyover SCLR Flyover Santa Cruz Chembur Link road is a 6 .45 Km 1.3 Km length Flyover from Mankhurd to Thane long road connecting the Western Expressway Highway in Santa Cruz with the It shall facilitate smooth and signal free comm
Slide 7: Company Overview
Company Overview We dream… So we achieve… We dream… So we achieve…
Slide 8: 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 9: Our Offerings
Our Offerings We dream… So we achieve… Metro Flyover & Bridges Roads & Tunnels Civil & Others Water • Metro Underground • Flyovers • Roads • Hospital / Medical • Sewage Treatment • Metro Elevated • Bridges • Highways Colleges Plants • Metro Elevated • Pedestrian • Expressways • Railway Terminus & •
Slide 10: 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 11: Performance Highlights
Performance Highlights We dream… So we achieve… We dream… So we achieve…
Slide 12: FY23 Key Financial Highlights
FY23 Key Financial Highlights Revenue EBITDA ₹ 4,203 crores ₹ 597 crores We dream… So we achieve… 19% 18% EPS ₹ 36.3 33% PAT Cash PAT ₹ 274 crores ₹ 429 crores 33% 22% Investor Presentation | Q4 & FY23 Results Update 11
Slide 13: Q4 & FY23 Profit & Loss
Q4 & FY23 Profit & Loss Particulars (₹ In Cr) Q4 FY23 Q4 FY22 Y-O-Y Q3 FY23 FY23 FY22 Y-O-Y Revenue from Operations 1,134.2 1,114.5 2% 1,062.4 4,203.1 3,527.2 19% Cost of Material Consumed 741.6 737.5 698.6 2,784.0 2,268.2 Construction Expenses 129.7 124.9 119.9 456.6 417.6 Employee Expenses 79.5 70
Slide 14: 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 15: 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 16: Robust Performance
Robust Performance Revenue (₹ Crores) EBITDA (₹ Crores) We dream… So we achieve… Quarter 0% Y-o-Y 2% Y-o-Y 12 Months 18% Y-o-Y 19% Y-o-Y Investor Presentation | Q4 & FY23 Results Update 15
Slide 17: Robust Performance
Robust Performance PAT (₹ Crores) CASH PAT (₹ Crores) We dream… So we achieve… Quarter 0 % Y-o-Y 3% Y-o-Y 12 Months 33% Y-o-Y 22% Y-o-Y Investor Presentation | Q4 & FY23 Results Update 16
Slide 18: Revenue Breakup
Revenue Breakup Segment Wise Breakup (%) Geographical Break up (%) Q4 FY 23 We dream… So we achieve… FY 23 Investor Presentation | Q4 & FY23 Results Update 17
Slide 19: 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… 433 400 FY 22 FY 23 Debt Equity Ratio • Gross debt equity ratio within comfort level at 0.22x as on March 31, 2023 • Net debt equity ratio at (0.02)x as on March 3
Slide 20: Order Wins FY23
Order Wins FY23 LOA from lrcon International Ltd for a contract price of ₹ 1,068 crores (excluding GST) for Construction of 8 lane Total Order Inflow during FY 23 - ₹ 2,652 crores access-controlled Expressway from Bhoj to Morbe Section- SPUR of Vadodara Mumbai Expressway, including long twin tube
Slide 21: Healthy Order Book of ₹ 11,854 Cr
Order Book as on March 31, 2023 Segment Wise Break-up (%) Sub-segment wise Break-up (%) Healthy Order Book of ₹ 11,854 Cr We dream… So we achieve… Geographical Break-up (%) Client wise Break-up (%) 6% 9% MMRDA 31% DMRC 5% NHAI 6% IRCON MMRC 7% GMRC PMC 9% 16% MCGM 12% Others Investor Presentation |
Slide 22: Order Book Breakup as on March 31, 2023
Order Book Breakup as on March 31, 2023 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 1,376 Dwarka Expressway-Pkg-01 NHAI 933 Mumbai Metro Line-2B C101 MMRDA 907 Sewri Worli Elevated Connector MMRDA 575
Slide 23: Vision 2027 – Billion $ Company
Vision 2027 – Billion $ Company We dream… So we achieve…
Slide 24: 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 25: Towards a Billion $ Revenue Company
Towards a Billion $ Revenue Company Growth Envisaged in ₹ 11,854 cr ₹ 20,000+ cr VISION Order Book Order book as on 2027 March 31, 2023 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
Slide 26: 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 27: 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 28: Business Overview
Business Overview We dream… So we achieve…
Slide 29: 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 | Q4 & FY23 Results Update 28
Slide 30: 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 | Q4 & FY23 Results Update 29
Slide 31: 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 30 Investor Presentation | Q4 & FY23 Results Update 30
Slide 32: 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 31 Investor Presentation | Q4 & FY23 Results Update 31
Slide 33: 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 32 Investor Presentation | Q4 & FY23 Results Update 32
Slide 34: Fleet of Modern Equipment
TBM Machine Dumper / Tipper Launching Girder Piling Machine RMC Plant Bitumen Plant Fleet of Modern Equipment Investor Presentation | Q4 & FY23 Results Update Casting Yard Segment Rolling Straddle Carrier 33 We dream… So we achieve…
Slide 35: Strong Client Base
RAILWAYS Strong Client Base METRO & We dream… So we achieve… FLYOVER & BRIDGES CIVIL AND OTHERS UPRNNL Investor Presentation | Q4 & FY23 Results Update 34
Slide 36: Management Overview
Management Overview We dream… So we achieve…
Slide 37: 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 38: 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 39: 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 Ravindra M Kulkarni Rajendra Sharma Head - Central Planning & Vice President - Projects Vice President
Slide 40: Historical Financials
Historical Financials We dream… So we achieve…
Slide 41: 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 42: Key Financial Indicators
Key Financial Indicators Revenue from Operations ₹ Cr EBITDA ₹ Cr We dream… So we achieve… PAT ₹ Cr Cash PAT ₹ Cr Investor Presentation | Q4 & FY23 Results Update 41
Slide 43: Revenue – Key Contributors
Revenue – Key Contributors METRO - UNDERGROUND (₹ cr) We dream… So we achieve… METRO - ELEVATED (₹ cr) Investor Presentation | Q4 & FY23 Results Update 42
Slide 44: Revenue – Key Contributors
Revenue – Key Contributors We dream… So we achieve… FLYOVER & BRIDGES (₹ cr) ROADS & TUNNELS (₹ cr) CIVIL & OTHERS (₹ cr) Investor Presentation | Q4 & FY23 Results Update 43
Slide 45: Strong Financial Metrics
Strong Financial Metrics Asset Turnover Ratio Working Capital Days We dream… So we achieve… ROE ROCE Investor Presentation | Q4 & FY23 Results Update 44
Slide 46: 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 | Q4 & FY23 Results Update 45
Slide 47: Thank You
We dream… So we achieve… Thank You 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
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