Spml Infra Limited · NSE:SPMLINFRA
Spml Infra — Investor Presentation (2018)
59 slides from Spml Infra's investor presentation, Sep 3, 2018
Slide 1: Investor Presentation
Making human life comfortable with world class infrastructure Investor Presentation
Slide 2: Table of Contents
Table of Contents Company Overview 4 Business Segments 15 Industry Overview 46 Investment Proposition 47 Financials 52 Appendix 58
Slide 3: Disclaimer
Disclaimer Caution regarding forward-looking statements This document contains statements about expected future events and financial and operating results of SPML Infra Limited, xx which are forward-looking. By their nature, forward-looking statements require the Company to make assumptions and are
Slide 4: SPML Infra Ltd - India's Leading Integrated Water Management Company
Company Overview Business Segments Industry Overview Investment Proposition Financials Appendix SPML Infra Ltd - India’s Leading Integrated Water Management Company Company Overview Cross Functional Infrastructure Expertise SPML Infra Limited is India’s leading infrastructure development company a
Slide 5: SPML – Quick Facts
Company Overview Business Segments Industry Overview Investment Proposition Financials Appendix SPML – Quick Facts Listed in No. of Villages BSE & NSE Electrified Certification 20,253 ISO 9001:2015 certified company Total Manpower Above * Water Pipeline Laid* 10,000 1,200 PAT * Kms people 43 Crores
Slide 6: Values, Aim, Mission & Vision
Company Overview Business Segments Industry Overview Investment Proposition Financials Appendix Values, Aim, Mission & Vision Values and Philosophies AIM Mission Profitable growth through superior project We value our customers and are driven Make safe drinking water available and management, in
Slide 7: SPML Infra – Group Structure
Company Overview Business Segments Industry Overview Investment Proposition Financials Appendix SPML Infra – Group Structure Water and Environment Power Civil Infrastructure SPML Utilities Ltd. SPML Energy Ltd. SPML Infrastructure Ltd. Water and Wastewater Power o Bhilwara Jaipur Toll Road Pvt. Ltd.
Slide 8: Key Milestones
Company Overview Business Segments Industry Overview Investment Proposition Financials Appendix Key Milestones Completed 1st Industrial Water Supply Project - Bakreswar Initial Public Offering on Thermal Power station (INR Ventured into First Civil Infra Incorporation nation’s premier exchan
Slide 9: Key milestones
Company Overview Business Segments Industry Overview Investment Proposition Financials Appendix Key milestones First Hydro Power Project Water Supply Project in commences operation Delhi; Received 4 Ventured into Power T & D Prestigious Awards projects Received 4 prestigious Constructed an
Slide 10: Wide array of services
Company Overview Business Segments Industry Overview Investment Proposition Financials Appendix Wide array of services Key Area of Operations Sewage Pipeline Storm Water Water PLC Instrumentation Micro Irrigation Rehabilitation Drainage Storage Reservoirs O & M of Water Potable/ Industrial Construct
Slide 11: SPML Infra – Key Figures
Company Overview Business Segments Industry Overview Investment Proposition Financials Appendix SPML Infra – Key Figures No. 1 Water Management Leader in Indian Water Only Indian company present Over 3 decades of Company in India Sector with across the entire Value experience more than 25% India Wat
Slide 12: Geographical Presence
Company Overview Business Segments Industry Overview Investment Proposition Financials Appendix Geographical Presence Delhi Uttar Pradesh o Mehrauli Vasant Vihar o Agra Water Transmission Water Supply Improvement Project & Management Scheme o Sewerage network & o 35 MLD Effluent Treatment treatment
Slide 13: Board of Directors - Promoters
Company Overview Business Segments Industry Overview Investment Proposition Financials Appendix Board of Directors - Promoters Anil Sethi Chairman Emeritus Responsible for the growth of the infrastructure business enabling the Group to foray into several projects in the Public Private Partnership re
Slide 14: Board of Directors - Non Executive Board
Company Overview Business Segments Industry Overview Investment Proposition Financials Appendix Board of Directors - Non Executive Board P. S. Rana Dinesh Kumar Goyal (IAS-Retd.) o Former Chairman of Housing and Urban Development o IAS of 1981 batch of Rajasthan Cadre; Addl. Chief Corporation (HUDCO
Slide 15: Business Segments - India Water Sector
Company Overview Business Segments Industry Overview Investment Proposition Financials Appendix Business Segments - India Water Sector Opportunity India – Second largest water consuming country Only 64% of India’s urban population is covered by individual water connections and stand-posts, compare
Slide 16: Sector opportunities across the value chain
Company Overview Business Segments Industry Overview Investment Proposition Financials Appendix Sector opportunities across the value chain Water Distribution & Supply Sewage & Sanitation Other Fresh/ground Technology Water collection Supply to Municipality Waste water Water purification Fresh/groun
Slide 17: Water Business
Water Business 17
Slide 18: Quick Facts - SPML Water Business
Company Overview Business Segments Industry Overview Investment Proposition Financials Appendix Quick Facts - SPML Water Business ₹ Installed Capacity - Number of Ongoing Projects completed Contribution to Total Revenue 2017-18 Water Supply to Projects in 2017-18 Revenue in 2017-18 ₹664.77 Crores ov
Slide 19: Water Business - Overview
Company Overview Business Segments Industry Overview Investment Proposition Financials Appendix Water Business - Overview SPML possesses more than three decades of multidisciplinary Key Clients experience in executing world-class infrastructure for water treatment and transmission, wastewater trea
Slide 20: SPML – An integrated water company
Company Overview Business Segments Industry Overview Investment Proposition Financials Appendix SPML – An integrated water company SPML manages complete water cycles with a focus on saving water and protecting resources It includes raw water intake through rivers/canals/sea, water treatment, pumping
Slide 21: Water and Waste water treatment segment
Company Overview Business Segments Industry Overview Investment Proposition Financials Appendix Water and Waste water treatment segment India ranked third for water population Reduced the availability of potable water Heightened scope for water market Overall Indian water and waste water mar
Slide 22: Key SPML Rural Water Supply Schemes
Company Overview Business Segments Industry Overview Investment Proposition Financials Appendix Key SPML Rural Water Supply Schemes Rural Water Fatehpur-IV Fatehpur-V Niwai Nawa Supply Schemes Location Rajasthan Rajasthan Rajasthan Rajasthan Client PHED-Rajasthan PHED-Rajasthan PHED-Rajasthan PHED-R
Slide 23: Key Water Treatment Plants being Executed/Executed by SPML
Company Overview Business Segments Industry Overview Investment Proposition Financials Appendix Key Water Treatment Plants being Executed/Executed by SPML Goa Water Supply Fatehpur Jalore-Narmada Water WTP Pokhran Surajpura Supply Scheme Scheme Laxmangarh - VI Location Rajasthan Rajasthan Goa Rajast
Slide 24: Key Waste Water Treatment Plants being Executed/Executed by SPML
Company Overview Business Segments Industry Overview Investment Proposition Financials Appendix Key Waste Water Treatment Plants being Executed/Executed by SPML Waste Water STP Vasna, Ahmedabad STP Mira Bhayandar STP Nasik STP Kanpur Treatment Plants Location Gujarat Maharashtra Maharashtra Uttar Pr
Slide 25: Key Urban Water Supply & Distribution Project
Company Overview Business Segments Industry Overview Investment Proposition Financials Appendix Key Urban Water Supply & Distribution Project Mehrauli Vasant Project Malviya Nagar Hospet Raichur Bellary Vihar Location Delhi Delhi Karnataka Karnataka Karnataka City Municipal City Municipal City Munic
Slide 26: Prequalifying references to bid for large projects
Company Overview Business Segments Industry Overview Investment Proposition Financials Appendix Prequalifying references to bid for large projects Drinking water supply and management projects of up to 1,200 crore single project. Pipeline projects of large diameter (above 3,000 mm dia) and lengt
Slide 27: Smart Metering Solutions
Company Overview Business Segments Industry Overview Investment Proposition Financials Appendix Smart Metering Solutions Smart Metering is the advanced metering solution offers enhanced flexibility, reliability and data-driven insights in water resource management. Accurate meter reading, no more
Slide 28: Integrated Management Information Software (IMIS)
Company Overview Business Segments Industry Overview Investment Proposition Financials Appendix Integrated Management Information Software (IMIS) IMIS combines all related components of a business into one system for easier management and operation and enable smart decision making. SPML has deve
Slide 29: SPML AQUA
Company Overview Business Segments Industry Overview Investment Proposition Financials Appendix SPML AQUA Billing & Customer Document Support Management Hydraulic Modelling Automatic Vehicle Location Work Order SCADA Management Assets Performance Assets Management System Inventory O & M Management G
Slide 30: Benefits of SPMLAQUA
Company Overview Business Segments Industry Overview Investment Proposition Financials Appendix Benefits of SPMLAQUA SPMLAqua is a fully supported Commercial off the shelf (COTS) system. Modular System-Scales as per operation. Real Time Monitoring, Controlling and Reporting Can be easily int
Slide 31: Power Business
Power Business 31
Slide 32: Quick Facts - SPML Power Business
Company Overview Business Segments Industry Overview Investment Proposition Financials Appendix Quick Facts - SPML Power Business ₹ Installed Number of Projects Contribution to Revenue Villages Capacity - 4000 Ongoing Projects completed in the Total 2017-18 Electrified MVA 12 2017-18 Revenue, ₹391.9
Slide 33: Power Infrastructure - Overview
Company Overview Business Segments Industry Overview Investment Proposition Financials Appendix Power Infrastructure - Overview SPML offers integrated solutions for basic and detailed engineering, Scope of Service system integration, and technical specification to meet power plants 1. Power Genera
Slide 34: Key Power Projects
Company Overview Business Segments Industry Overview Investment Proposition Financials Appendix Key Power Projects EPC Projects - Power Project Client Contract Value (INR Mn) Commercial Stat Rural Electrification Works, Patna Bihar State Power (Holding) Company Ltd. 5,030 In Progress Rural Electrifi
Slide 35: SPML Infrastructure Segment - Overview
Company Overview Business Segments Industry Overview Investment Proposition Financials Appendix SPML Infrastructure Segment - Overview SPML is developing a Smart City, Vikram Udyogpuri in Ujjain, Madhya Scope of Service Pradesh. Being developed as a global manufacturing and investment Smart City
Slide 36: Key Infrastructure Projects
Company Overview Business Segments Industry Overview Investment Proposition Financials Appendix Key Infrastructure Projects EPC Projects - Infrastructure Project Client Contract Value (INR Mn) Commercial Stat Development of State Highways, Bihar Central Public Works Department, Bihar 1,137 Completed
Slide 37: Environment Business
Environment Business 37
Slide 38: Quick Facts - SPML Environment Business
Company Overview Business Segments Industry Overview Investment Proposition Financials Appendix Quick Facts - SPML Environment Business Number of ongoing Projects completed Revenue, 2017-18 Sewerage network Projects Initiated in projects in 2017-18 ₹ 26.21 Crores completed for 2017-18 4 3 Kanpur 2 2
Slide 39: SPML Environment Business - Overview
Company Overview Business Segments Industry Overview Investment Proposition Financials Appendix SPML Environment Business - Overview SPML Infra possesses an expertise in municipal solid waste management, effluent water treatment plants and waste water management addressing environmental concerns.
Slide 40: Solid Waste Management - Overview
Company Overview Business Segments Industry Overview Investment Proposition Financials Appendix Solid Waste Management - Overview SPML is hasa leader presence in the in infrastructure/civil management of municipal projects.solid SPMLwaste is a leading Scope of Services collection, player in the se
Slide 41: Enabling Technology for Swacch Bharat Mission (eSBM)
Company Overview Business Segments Industry Overview Investment Proposition Financials Appendix Enabling Technology for Swacch Bharat Mission (eSBM) Client: Bharat Sanchar Nigam Limited SPML Infra is executing an smart city project for installation of e-SBM, an ICT Platform under Swacch Bharat Missi
Slide 42: Mining Business
Mining Business 42
Slide 43: Quick Facts - SPML Mining Business
Company Overview Business Segments Industry Overview Investment Proposition Financials Appendix Quick Facts - SPML Mining Business Installed Capacity 3 Million MT Ongoing Projects 1 Total mining area 5000 Ha. Revenue ₹319 Crores Revenue Growth 53.80% SPML Infra Investor Presentation 43
Slide 44: SPML Mining Business - Overview
Company Overview Business Segments Industry Overview Investment Proposition Financials Appendix SPML Mining Business - Overview SPML’s foray into the new energy sources of coal began in 2008 with acquiring the coal mining concession of 5,000 hectares in East Kalimantan, Indonesia, having reserves
Slide 45: Government Initiatives
Company Overview Business Segments Industry Overview Investment Proposition Financials Appendix Government Initiatives Initiatives taken by government taken by the government, which will boost Sector Dynamics For the enhancement of Quality of Urban Life and providing a clean & sustainable environmen
Slide 46: Investment Rationale
Company Overview Business Segments Industry Overview Investment Proposition Financials Appendix Investment Rationale Infrastructure focussed Economy High Operating leverage and better A company engaged in five infrastructure Margins segments of growing relevance with major focus The company and its
Slide 47: Strategy Framework
Company Overview Business Segments Industry Overview Investment Proposition Financials Appendix Strategy Framework Business Focus Prudent Bidding Strategy Focus on Water and Power EPC projects. Hedge its widening presence by bidding for projects Bidding in Better margin business. funded by Gov
Slide 48: Strengthened Business Model
Company Overview Business Segments Industry Overview Investment Proposition Financials Appendix Strengthened Business Model Moderated our long-term debt Accelerated Addressed Our Order Projects with book growth higher margins Increased our Strengthened the Project pre-qualification ticket size crede
Slide 49: Core Competencies
Company Overview Business Segments Industry Overview Investment Proposition Financials Appendix Core Competencies Pre qualifications to meet all large scale Indian water project requirements Over 3 decades of experience and a pan India presence Highly experienced promoters & professional manag
Slide 50: Successful implementation of SPML S4A scheme
Company Overview Business Segments Industry Overview Investment Proposition Financials Appendix Successful implementation of SPML S4A scheme The Scheme for Sustainable Structuring of Stressed Assets (S4A) was introduced by the Reserve Bank of India (RBI) for the resolution of stressed assets. SP
Slide 51: Result Update
Company Overview Business Segments Industry Overview Investment Proposition Financials Appendix Result Update (in ₹ Crores) Particulars FY 17-18 FY 16-17 YoY (%) Revenue 1411.71 1743.58 -19.03% Operating expenses 1153.52 1529.27 -24.57% EBITDA 258.19 214.31 20.48% EBITDA Margin (%) 18% 12% - Other i
Slide 52: Balance Sheet
Company Overview Business Segments Industry Overview Investment Proposition Financials Appendix Balance Sheet (in ₹ Crores) Particulars 31-Mar-2018 31-Mar-2017 ASSETS Non-current assets Fixed Assets Tangible assets 105.44 111.86 Intangible assets 0.21 0.23 Non-current investments 176.63 199.00 Long-
Slide 53: Balance Sheet
Company Overview Business Segments Industry Overview Investment Proposition Financials Appendix Balance Sheet (in ₹ Crores) Particulars 31-Mar-2018 31-Mar-2017 Equity Equity Share Capital 8.19 8.19 Reserves & Surplus 427.43 383.57 435.62 391.76 Non-Current Liabilities Financial liabilities Borrowing
Slide 54: Yearly Financial Highlights
Company Overview Business Segments Industry Overview Investment Proposition Financials Appendix Yearly Financial Highlights Total Income (in ₹ Crore) EBITDA & EBITDA Margin % EBITDA EBITDA Margin 1,744 300 18.3% 20.0% 18.0% 1,459 14.8% 12.3% 1,446 1,412 250 12.8% 14.0% 16.0% 1,268 200 14.0% 12.0% 15
Slide 55: Orderbook
Company Overview Business Segments Industry Overview Investment Proposition Financials Appendix Orderbook FY 14 FY 15 FY 18 12% 24% 18% 70% 76% 33% Power Infra Water Power Water FY 16 FY 17 67% 6% 24% 39% 55% 76% Power Water Power Water SPML Infra Investor Presentation 55
Slide 56: Shareholding
Company Overview Business Segments Industry Overview Investment Proposition Financials Appendix Shareholding Shareholding Pattern Stock Data FY 18 Public & Others 8% BSE 500402 TRG Advisors NSE SPMLINFRA 15% Promoter 38% Market Cap (₹ in Cr) 564 No. of shares outstanding 36.65Mn Banks & Corporate Bo
Slide 57: Commitment towards Sustainability
Company Overview Business Segments Industry Overview Investment Proposition Financials Appendix Commitment towards Sustainability Sustainability initiatives include Started the Beti Bachao campaign in 2010 in Delhi and thereafter spread it to several other cities across India and undertook social
Slide 58: Awards & Accolades
Company Overview Business Segments Industry Overview Investment Proposition Financials Appendix Awards & Accolades National and International Awards and accolades over the past 4 years ET Now-Water Leadership Awards 2018 for Excellence in Water & Wastewater Management – World CSR Day 50 Most Imp
Slide 59: Thank You
SPML Infra Limited 22, Camac Street, Block - A, 3rd Floor Kolkata – 700016 +91 33 40091200 +91 33 40091303 corpcomm@spml.co.in CIN L40106dL1981PLC012228 Thank You