Rail Vikas Nigam Ltd. · NSE:RVNL
Rail Vikas Nigam — Investor Presentation (June 2023)
42 slides from Rail Vikas Nigam's investor presentation, Jun 8, 2023
Slide 1: Intimation of Investor meet of RVNL - Corporate Presentation
RVNL/SECY/STEX/2023 08.06.2023 National Stock Exchange of India Ltd. BSE Ltd. Exchange Plaza, Department of Corporate Service, Plot no. C/1, G Block, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Dalal Street, Bandra (E), Mumbai - 400 051. Mumbai- 400 001. Scrip: RVNL Scrip: 542649 Sub: Intimatio
Slide 2: Rail Vikas Nigam Limited – Corporate Presentation
(A “NAVRATNA” Company) Rail Vikas Nigam Limited – Corporate Presentation June, 2023
Slide 3: Disclaimer
Disclaimer THIS PRESENTATION (“PRESENTATION”) DOES NOT CONSTITUTE OR FORM PART OF ANY OFFER OR INVITATION OR INDUCEMENT TO SELL OR ISSUE, OR ANY SOLICITATION OF ANY OFFER TO PURCHASE OR SUBSCRIBE FOR, ANY SECURITIES OF RAIL VIKAS NIGAM LIMITED (THE “COMPANY”), NOR SHALL IT OR ANY PART OF IT OR THE F
Slide 4: Contents
Contents 1 Company Overview 2 Key Strengths 3 Strategies 4 Appendix
Slide 5: RVNL – Execution Company for all types of Railway Projects in India
RVNL – Execution Company for all types of Railway Projects in India Company Overview ▪ Incorporated as a PSU on 24-01-2003. ▪ Commenced operations in 2005. ▪ Granted ‘Navratna’ status on 01st May 2023. ▪ Project executing arm of Indian Railways. ▪ Consistently contributes 30% of total Indian Railway
Slide 6: Range of activities across the Railway sector
RVNL – Execution Company for all types of Railway Projects in India Carries a comprehensive range of activities across the Railway sector New Lines Railway Electrification Doubling of Lines Workshops Gauge Conversion Metropolitan Transport Projects (including Metros) Other (Bridges, Institution Buil
Slide 7: Business Model (MoR assigned Projects) – Revenue stream
RVNL – Execution Company for all types of Railway Projects in India Business Model (MoR assigned Projects) – Revenue stream • RVNL generates consolidated management fee (inclusive of supervision charges) on the total expenses incurred for the projects at the following margins: – 9.25% for the metro
Slide 8: MOU Performance (Rating of CPSEs by Ministry of Finance)
MOU PERFORMANCE (Rating of CPSEs by Ministry of Finance) Rated “Excellent” for the 12 successive years by the Department of Public Enterprises. Ranked 1st amongst the Railway PSUs for the 8 times in last 10 years. RVNL’s rank among Railway PSUs assessed by DPE Assessment Year Rating Rank of RVNL 200
Slide 9: Experienced Board of Directors
Experienced Board of Directors Pradeep Gaur, Chairman & MD since Sept 2018 • 34 year of experience with the Indian Railways formerly from IRSE. • Associated with RVNL since 2005 • Civil Engineering Graduate and Post Graduate from REC Kurukshetra and PEC Chandigarh. Rajesh Prasad, Director – Operatio
Slide 10: Corporate Structure
Corporate Structure-market capitalization for IR projects. Rail Vikas Nigam Ltd. (RVNL) Subsidiary SPV’s Kutch Railway Company Ltd. (KRCL) HSRC Infra Services Limited (100%) (50.00%) - Commissioned Krishnapatnam Railway Company Ltd. (KPRCL) ❖ Rs. 1,00,052 crore revenue generated for (49.76%) - Commi
Slide 11: Overview of the Business Process
Overview of the Business Process 1 Projects assigned by MoR Detailed study of project’s technical requirements - including preparation of 2 plans and drawings, either by the Company or an agency appointed through a tendering process 3 Preparation of detailed cost estimates - sanctioned by the compet
Slide 12: RVNL at a Glance
RVNL at a Glance Ranked 1st among railway PSUs 8 times in previous 10 years and rated 15,534+ KMs “Excellent” by DPE for 12 years in a row Railway infrastructure commissioned More than 38 INR 1 Project Implementation Units Trillion Cumulative project at 26 locations expenditure since inception 453*
Slide 13: Awards and Accolades: Granted Navratna Status
Awards and Accolades Granted Navratna Status Press Information Bureau Government of India Posted on 03 May 2023
Slide 14: Awards and Accolades: ISO Accreditations
Awards and Accolades ISO Accreditations viz. 45001:2018, 9001:2015 and 14001:2015 ISO 45001: 2018 ISO 9001: 2015 ISO 14001: 2015 Health & Safety Management Quality Management System Environmental Management System System
Slide 15: Awards and Accolades
Awards and Accolades Dun & Bradstreet Award as the “Best Performing PSU” for the Year 2021 Winner for Excellence in Corporate Governance 2021
Slide 16: Awards and Accolades
Awards and Accolades Awards and Recognitions / Certifications Dalal Street Investment Journal’s ‘Most Admired PSU in Rail Infra Development’ in ‘Roll of Honour’ to RVNL the EPC & Construction category of awards at the Urban Infra Business Summit & Awards 2022. Skoch Group Awards for Excellence Confe
Slide 17: Awards and Accolades
Awards and Accolades Awards and Recognitions / Certifications RVNL has been adjudged as the winner in the Award Category ‘Operational Performance Excellence’. 17th March 2023
Slide 18: Awards and Accolades
Awards and Accolades Awards and Recognitions / Certifications
Slide 19: Awards and Accolades
Awards and Accolades Awards and Recognitions / Certifications RVNL has been declared as Winner for outstanding achievements in ‘Construction Safety’ Award category during the 21st Greentech Safety Awards 2023.
Slide 20: Contents
Contents 1 Company Overview 2 Key Strengths 3 Strategies 4 Appendix
Slide 21: Key Strengths
Key Strengths 1 Expertise in execution from concept to commissioning Undertaken diverse categories of projects with an asset 2 light model Proven track record for execution of all kinds infrastructure 3 projects. Experienced Board and Key Managerial Personnel and 4 skillfully trained workforce
Slide 22: Expertise in all stages of project development and execution
1. Expertise in undertaking all stages of project development and execution from conceptualization to commissioning (1/2) Activities Undertaken ▪ Augmenting the rail network by laying new lines- connectivity to areas not connected to New Lines the rail network ▪ Aimed to achieve seamless multi modal
Slide 23: Diverse categories of projects with an asset light model
2. Undertaken diverse categories of projects with an asset light model The Company follows an effective asset light model Wide range of projects under execution (As of 31ST March 2023) No. of Projects Length (km) Anticipated Cost (INR Cr) Doubling 19 1280 5535 Business Development 28 - 20316 Gauge C
Slide 24: Established Financial Track Record
3. Established Financial Track Record 25000 Turnover Amount in crore of rupees 1400 1267.97 20281 20000 19381 1200 PAT 1087.21 1000 940.57 789.86 15710 800 606.59 15000 600 14780 400 200 0 10740 10000 FY 2018-19 FY 2019-20 FY 2020-21 FY 2021-22 2022-23 7557 5920 4541 5000 3142 2493 1598 2117 1445 0
Slide 25: Building Workshops and Production Units
• Contributing to efficient, reliable supply chains by building robust Workshops and Production Units through 3D approach (Design, Develop, Dedicate) • Built 15 Workshop/ Production Units all over the country for production and maintenance of Rail Locomotives, coaches and components. • Support, Enha
Slide 26: Turnkey expertise: project completion times
RVNL has developed expertise in Turnkey basis PROJECTS COMPLETION TIME Diesel Loco Component Workshop at Dankuni (Phase-I) 12 months DMU Factory at Haldia 16 months Electric Loco Factory at Dankuni 25 months Augmentation of Production Capacity of DLW at Varanasi 22 months Commencement was done by Ho
Slide 27: Reconstruction of Pamban Bridge
RECONSTRUCTION OF PAMBAN BRIDGE the only movable railway bridge in India and Asia… • 99 span of 18.3 m and 1 span of 72.5 m (Navigational Lift Span). • Existing navigational span is “Scherzer span”- Roller Lift arrangement. • Proposed navigational span “Vertical lift span” - Steel through Girder 120
Slide 28: Rishikesh-Karanprayag New Rail Link Project
Rishikesh-Karanprayag New Rail Link Project-125 km • Involves construction of 110km + 95 km tunnels. • Longest tunnels is 15.2 km long-1st time use of Tunnel boring machine (TBM) on Indian Railways. • State of art mechanization of construction of Tunnels. 100 kms of Tunnelling in last 18 months. Mos
Slide 29: Indore Metro (through bidding)
Indore Metro (through bidding) Package IN-03 Package IN-02 Project Cost : Rs. 10.35 bn Project Cost : Rs. 3.82 bn
Slide 30: Development of UTF Harbour Project in Maldives
DEVELOPMENT OF UTF HARBOUR PROJECT IN MALDIVES • Project: UTF Harbour - Integrated facility for docking/berthing facilities along with repair facilities intended for Maldivian Coast Guard Vessels. • Client: Ministry of External Affairs, India • Beneficiary: Maldives National Defence Force (MNDF) Fou
Slide 31: Marathwada Rail Coach Factory, Latur
Manufacturing cum Maintenance of 200 nos. India’s most Prestigious Vande Bharat Trains. Marathwada Rail Coach Factory, Latur Completed in 26 months (video link:- https://youtu.be/ccik3zCS4PE ) Commissioned on Good Governance day 25.12.2021
Slide 32: Likely Assignment of Projects by Government of Kyrgyzstan
LIKELY ASSIGNMENT OF PROJECTS BY GOVERNMENT OF KYRGYZSTAN • NO OF PROJECTS=4 • LENGTH=1000 KM • COST 4 BILLION USD (Rupees 300 bn) • MOU SIGNED ON 30.05.22. DPR Prepared.
Slide 33: Contents
Contents 1 Company Overview 2 Key Strengths 3 Strategies 4 Appendix
Slide 34: Strategy Going Forward
Strategy Going Forward 1 To Leverage RVNL’s • For FY 2022-23,IR capital expenditure is projected at Rs 2458 bn, an increase of 14% over the position as an revised estimates of FY 2021-22. executing agency in MoR’s investment plan • Since RVNL is an executing agency for the MoR for various infrastruc
Slide 35: Key Growth Drivers for Railway Infrastructure Sector
Contents 1 Company Overview 2 Key Strengths 3 Strategies 4 Appendix ▪ Key Growth Drivers for Railway Infrastructure Sector
Slide 36: AAA rating, Outlook Stable by Care Edge
AAA rating, Outlook Stable by Care Edge
Slide 37: Market capitalization
Share Price and Market capitalization as on 06.06.2023 RVNL RVNL IPO:-12.16% April 2019 OFS:- 9.64% March 2021 140 120 100 80 60 40 20 0 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 06.06.23 RVNL 33.65 32.4 30 30.95 32.9 33.7 40 74.1 68.25 76.1 57
Slide 38: Index 1 April 2022 – 31 Mar. 2023
Index 1 April 2022 31 Mar. 2023 % Sensex 59276.69 58991.52 - 0.48% BSE 500 24003.84 23160.01 - 3.51% BSE Infra 288.12 282.87 - 1.82% NIFTY 17670.45 17359.75 - 1.75% RVNL 32.70 68.60 109.8%
Slide 39: Top 10 Stocks of FY 2022-23 in the Country
Top 10 Stocks of FY 2022-23 in the Country
Slide 40: Investment in Indian Railways is Top Priority for Government
Investment in Indian Railways is Top Priority for Indian Government with increased budget allocation over the years Railways’ capital expenditure includes investments for constructing new lines, procuring wagons, doubling of lines, and renewing tracks. In 2023-24, Railways’ capital expenditure is ta
Slide 41: Details of capital expenditure (Rs crore)
Details of capital expenditure (Rs crore) RE: Revised Estimates; BE: Budget Estimates. 2021-22 2022-23 2022-23 2023-24 % change from 22-23 RE Head Actuals BE RE BE to 23-24 BE New Lines (Construction) 21,245 26,324 26,000 31,850 22% Gauge Conversion 2,837 3,475 3,829 4,600 20% Doubling 32,219 37,150
Slide 42: Thank You
RVNL Anthem: https://www.youtube.com/watch?v=mG8V8G8-UBc THANK YOU