Slide 1: Earnings Presentation Q1-FY18
EARNINGS PRESENTATION Q1-FY18 1
Slide 2: Executive Summary
Executive Header Summary Goes Here • MEP Infrastructure Developers Ltd (MEP), is one of the leading players for OMT and Toll Collection projects in India. Company CompanyOverview Overview • Founded in 2002 by current promoters Mr Dattatray Mhaiskar and Jayant Mhaiskar, MEP commenced operations with
Slide 3: Diversified Project Portfolio With Pan-India Presence
Header Goes Diversified Here Project Portfolio With Pan-India Presence Current Portfolio Across Six States In India Current Project Mix Long Short Location OMT Term Term HAM BOT Total Toll Toll Maharashtra 2 2 - 4 1 9 Rajasthan - - 1 - - 1 Gujarat - - - 2 - 2 Uttar Pradesh Rajasthan Uttar Pradesh -
Slide 4: Recent Project Additions and Exits
Recent Project Header additions and exits Goes Here Project Additions Payment to Sr. Name of Commencement of Name of Project State Type Tenor Authority No Authority operations (INR Mn) Currently on extension. Rajiv Gandhi Sea Link Maharashtra MSRDC 3,250.8 upfront 1 Operate Maintain Transfer The new
Slide 5: Hybrid Annuity Model (HAM)
Header Goes Here Hybrid Annuity Model (HAM) HAM projects require initial capex wherein 60% of project cost is financed by the developer and is to be recovered as bi-annual payments from the authorities over 15 years. Out of total project cost, the balance 40% is invested by the government during t
Slide 6: Our Project Timelines
Header Goes Our Project Here Timelines Long Term Toll Operate Maintain Toll Kalyan Shilphata Mumbai Entry Points Arjunali and Ghoti Rajiv Gandhi Sea link Vidyasagar Setu Hyderabad- Banglore Short Term Toll Hybrid Annuity Model Construction Period Annuity Period Mahuva Kagavadar Brijghat Talaja Mahuv
Slide 7: Key developments in the industry
Header Goes Herein the industry Key developments The option of an InvIT has emerged as an alternate source of funding to address the infrastructure financing gap in India. Several companies have Initiated, or are in the process of, obtaining approval from SEBI. They include IL&FS Transportation
Slide 8: New Project Pipeline
New Project Header GoesPipeline Here Short Term/long term Toll Collection Projects Annual Potential Number of Projects Currently Sr. No Name of Authority Toll Collection Tenor Available (INR Mn) 1 NHAI 5,676.7 <= 1 year 11 2 RIDCOR 7,71.7 212 days 1 3 SDMC 190.8 3 years 1 Total 6,639.2 13 OMT Projec
Slide 9: Q1-FY18 Highlights
Header Goes Here Q1-FY18 Highlights 9
Slide 10: Q1-FY18 Consolidated Financial Highlights
Q1-FY18 Goes Header Consolidated Here Financial Highlights • Revenues in Q1FY18 stood at INR 3,801 Mn vis-à-vis INR 4,611 Mn in Q1FY17, owed to completion/handover of long term and OMT projects namely Kini Tasawade, Madurai Kanyakumari Projects to the authority. • The Concession fee paid to authorit
Slide 11: Quarterly P&L Statement
Header QuarterlyGoes Here P&L Statement In INR Mn Particulars Q1 FY18 Q1 FY17 YoY% Total Revenues from Operations 3,801 4,611 (17.6)% Other Income 417 197 110.9% Operating and Maintaining Expenses 1,747 813 114.9% Employee Expenses 155 195 (20.3)% Other Expenses 85 92 (8.1)% Depreciation & Amortizat
Slide 12: Quarterly Results Highlights
Header QuarterlyGoes Here Results Highlights REVENUE FROM OPERATIONS (INR Mn) EBIT (INR Mn) & EBIT MARGIN 5,000 1,600 34.8% 45.0% 27.0% 4,500 1,200 35.0% 4,000 800 25.0% 3,500 4,611 1,247 1,323 3,801 400 15.0% 3,000 2,500 0 5.0% Q1 FY17 Q1 FY18 Q1 FY17 Q1 FY18 PAT (INR Mn) & PAT MARGIN 600 20.0% 500
Slide 13: Revenue Analysis
Header RevenueGoes Here Analysis Quarterly Analysis 5000 4,611 3,801 4000 48.1% 30.1% 3000 2000 14.4% 48.4% 1000 37.5% 6.6% 14.9% 0 Q1 FY17 Q1 FY18 ST - Toll LT - Toll OMT EPC Increasing focus on LT projects (INR Mn) 20,088 20,000 17,291 15,000 58% 10,801 63% 10,000 39% 5,000 3,801 61% 42% 37% 85% 0
Slide 14: Disclaimer
Header DisclaimerGoes Here MEP infrastructure Developers Ltd. Disclaimer: No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such inf