H.g. Infra Engineering Ltd. · NSE:HGINFRA
H.g. Infra Engineering — Q4 FY20 Earnings Presentation
25 slides from H.g. Infra Engineering's earnings presentation, Jun 25, 2020
Slide 1: Cover letter to stock exchanges
CIN No.: L45201 PIJ2003PLCO18049 June 25, 2020 H G I E: L I W© Make People Move ... I BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Bandra Kurla Complex, Bandra (East), Mumbai-400 001 Mumbai-400051 Scrip Code- 541019 Scrip Code-HGINFRA
Slide 2: Investor Presentation Q4 & FY20
HG Infra Engineering Ltd. Investor Presentation Q4 & FY20 H.G. Infra Engineering Ltd.
Slide 3: Agenda
Agenda 1 A Steady Transformation 2 Q4 and FY20 Financial Highlights 3 Q4 and FY20 Operational Highlights 4 Growth Strategy 5 Historical Financials H.G. Infra Engineering Ltd. 2
Slide 4: A Steady Transformation
A Steady Transformation H.G. Infra Manoharpur Engineering Ltd. Dausa
Slide 5: What we were…
What we were… An upcoming subcontractor with presence majorly in Rajasthan Experience in 2 states Revenue Rs 3,317mn 50%+ Revenue from Employees 600+ sub-contracting Gross Block Avg. ticket size Rs 500mn Rs 1,489mn EPC pre-qualification Order Book Rs 2,500mn Rs 10,677mn All financials are for FY15 H
Slide 6: What we are…
What we are… A leading road infra developer with pan India presence Experience in 8 states Revenue Rs 21,961mn ~25% Revenue from Employees 2,300+ sub-contracting Gross Block Avg. ticket size Rs 1,800mn Rs 6,898mn EPC pre-qualification Order Book Rs 17,500mn Rs 71,028mn All financials are for FY20 H.
Slide 7: While maintaining these along the way…
While maintaining these along the way… Discipline in selecting orders, focusing on Balance Sheet & delivering consistent financial performance EBITDA Margin Return on Capital Employed 14.9% 15.1% 15.6% 32% 32% 28% FY18 FY19 FY20 FY18 FY19 FY20 Working Capital Cycle Debt to Equity Debtor Days Invento
Slide 8: Q4 and FY20 Financial Highlights
Q4 and FY20 Financial Highlights H.G. Infra Manoharpur Engineering Ltd. Dausa
Slide 9: Standalone result highlights Q4FY20
Standalone result highlights Q4FY20 Rs mn Revenue EBITDA & EBITDA Margin 7.4% 6,229 1,014 5,800 932 PBT & PBT Margin PAT and PAT Margin 685 513 588 367 H.G. Infra Engineering Ltd. 8
Slide 10: Standalone result highlights FY20
Standalone result highlights FY20 Rs mn Revenue EBITDA & EBITDA Margin 9.3% 21,961 3,424 20,098 3,032 PBT & PBT Margin PAT and PAT Margin 2,281 1,657 1,902 1,236 H.G. Infra Engineering Ltd. 9
Slide 11: Standalone profit & loss statement
Standalone profit & loss statement Quarter 12 Month (Rs mn) Q4FY20 Q4FY19 YoY FY20 FY19 YoY Revenue from operations 6,229 5,800 7.4% 21,961 20,098 9.3% Cost of material consumed 2,381 2,002 8,926 8,919 Contract and site expenses 2,426 2,443 8,137 6,665 Employee expenses 291 289 1,114 1,191 Other exp
Slide 12: Standalone balance sheet
Standalone balance sheet Rs mn Mar’20 Mar’19 Rs mn Mar’20 Mar’19 Share Capital 652 652 Fixed Assets incl. CWIP 4,870 4,586 Reserves 7,564 5,940 Other Financial Assets 1,138 349 Shareholders' Funds 8,216 6,592 Other Non Current Assets 207 207 Secured Loans 640 593 Total Non-Current Assets 6,215 5,142
Slide 13: Consolidated profit & loss statement
Consolidated profit & loss statement Quarter 12 Month (Rs mn) Q4FY20 Q4FY19 YoY FY20 FY19 YoY Revenue from operations 6,341 5,841 8.6% 22,171 20,145 10.1% Cost of material consumed 2,381 2,002 8,926 8,919 Contract and site expenses 2,441 2,443 8,158 6,666 Employee expenses 293 289 1,123 1,194 Other
Slide 14: Consolidated balance sheet
Consolidated balance sheet Rs mn Mar’20 Mar’19 Rs mn Mar’20 Mar’19 Share Capital 652 652 Fixed Assets incl. CWIP 4,872 4,588 Reserves 7,611 5,978 Other Financial Assets 1,150 178 Shareholders' Funds 8,263 6,630 Other Non Current Assets 255 207 Secured Loans 2,130 593 Total Non-Current Assets 6,277 4
Slide 15: Q4 and FY20 Operational Highlights
Q4 and FY20 Operational Highlights Uncha H.G. NaglaInfra Engineering Ltd.
Slide 16: Robust & well diversified order book
Robust & well diversified order book Unexecuted Value Project Awarding Authority (Rs mn) Client wise break-up: Delhi Vadodara Pkg-9 NHAI 11,635 Private Optimum mix of 31% Govt. prime contracts and Hapur Morradabad MRM 9,688 69% select private projects Mancherial - Repallewa Adani 9,046 Delhi Vadodar
Slide 17: HAM project details
HAM project details Completion Grant Total Invested Debt as on Awarding Kms BPC Status as on Project State Amount Debt Equity 31st Mar ’20 authority Lanes (Rs. mn) 31st Mar ’20 (Rs. mn) (Rs. mn) (Rs. mn) (Rs. Mn) (%) Gurgaon-Sohna (Rajiv NHAI Haryana 12.7 6,060 2,420 2,879 524.5 1,365 ~55% chowk) Re
Slide 18: Major projects completed in FY20
Major projects completed in FY20 Manoharpur - Uncha Nagla - Tonk – Sawai Balotra - Dausa Dholpur Madhopur Sanderao Completion Date Completion Date Completion Date Completion Date 17th July 2019 1st October 2019 15th October 2019 29th February 2020 Two laning with paved Two laning with paved Two lani
Slide 19: Debt breakup
Debt breakup Consolidated Debt Breakup Standalone Debt Breakup 12% 29% 20% 68% 71% Standalone Debt Project Debt Term Loan Working Capital Promoters Loan Rs mn) Mar-20 (Rs mn) Mar-20 Standalone debt 3,675 Term loan + current maturities* 2,492 Working Capital 723 Project debt 1,489 Promoters loan 460
Slide 20: Growth Strategy
Growth Strategy H.G. Infra Engineering Ltd. Bhilwara-Gulabpura
Slide 21: Growth Strategy
Growth Strategy Well placed to tap opportunities in Look at opportunities beyond road core road sector in other infra sectors ✓ Continued focus on EPC projects with ✓ De-risk business by expanding in following selective HAM projects – HAM to sectors: constitute up to 25% of order book • Railways: pr
Slide 22: Historical Financial Highlights
Historical Financial Highlights H.G. Infra Manoharpur Engineering Ltd. Dausa
Slide 23: Financial Performance
Financial Performance Revenue EBITDA PAT 1,657 21,961 3,424 20,098 3,032 1,236 13,927 2,081 842 FY18 FY19 FY20 FY18 FY19 FY20 FY18 FY19 FY20 EBITDA Margin PAT Margin EPS 7.5% 14.9% 15.1% 15.6% 25.43 6.1% 6.1% 18.96 15.39 FY18 FY19 FY20 FY18 FY19 FY20 FY18 FY19 FY20 H.G. Infra Engineering Ltd. 22
Slide 24: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by HG Infra Engineering Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any s
Slide 25: Thank You
Thank You HG Infra Engineering Ltd Rajeev Mishra Rajeev.mishra@hginfra.com III Floor, Sheel Mohar Plaza, A-1, Tilak Marg, C-Scheme, Jaipur - 302001 Pareto Capital (Investor Relations) Pooja Dokania pooja.dokania@paretocapital.in 210, B Wing, Kanakia Wall Street Andheri East, Mumbai - 400069 H.G. Inf
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