Slide 1: Cover letter to stock exchanges: Investor Presentation Q4 & FY20
CAPACIT'E . INFRAPROJECTS tIMITED Ref : CIUSTEX 30/Q4FY20 Date : June 18,2020 To The Secretary, The Secretary, BSE Limited National Stock Exchange of lndia Limited Corporate relation Dept, Plot No. C/1, G Block, P.J. Towers, Bandra Kurla Complex DalalStreet, Fort, Bandra (East) Mumbai*400 001 Mumbai
Slide 2: Capacit'e Infraprojects Ltd. On a Long-term Growth Path
Oberoi, Enigma, MMR Capacit'e Infraprojects Ltd. On a Long-term Growth Path… Investor Presentation Q4 & FY20 1
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Capacit'e 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
Slide 4: COVID-19 Impact & Our Response
COVID-19 Impact & Our Response
Slide 5: COVID-19 impact
COVID-19 impact The company lost more than 10 crucial days of operations in March 2020 owing to the COVID-19 pandemic and the resultant lockdown announced by the government. While cashflows got deferred due to the lockdown, we do not foresee any risk in recoverability of our debtors. Collections dur
Slide 6: Our response to the COVID-19 impact
Our response to the COVID-19 impact Business Revival Plan Financial Health Health & Safety Workmen Availability Order Book ▪ Classification of projects ▪ Targeted to reduce ▪ Proactively implemented ▪ Currently the industry is ▪ Strong Public sector order into categories A & B breakeven levels throu
Slide 7: Industry Outlook
Industry Outlook In the recent stimulus announcements, government evinced interest in pushing infrastructure projects. 1 Government Push This shall lead to higher tendering activity for public sector projects along with focus on timely execution of existing projects. Consolidation in the private sec
Slide 8: Q4 & FY20 Standalone Performance
Q4 & FY20 Standalone Performance
Slide 9: FY20 Standalone Performance Highlights
FY20 Standalone Performance Highlights Total Income (In ₹) EBITDA (In ₹) EBITDA Margins PAT (In ₹) 1,554 Crores 282 Crores % 18.2% 260 Bps 91 Crores Cash PAT (In ₹) Order Book (In ₹) Order Inflow (In ₹) 189 Crores ~10,484 Crores ~ 6,000 Crores (Private + Public) Ex. MHADA Total collections during FY
Slide 10: Our Order Book
Our Order Book (Standalone) (Under an Integrated SPV) ▪ Total Order Inflow during FY20 was ~ ₹ 6,000 Crores Public Private ` MHADA ▪ Added New marquee Sector Sector names to the clientele: • PWD c • CIDCO • Raymond Limited • K Raheja Corp with GIC Singapore • Phoenix Market City Order Book Order Boo
Slide 11: Order Book Details
Order Book Details (₹ In Crs) Order Backlog Project Split Category wise split 10,484 7,177 5,682 High Rises 4,289 & Residential Super High Rises Mixed Use 27% FY17 FY18 FY19 FY20 27% 53% (₹ In Crs) Order Inflow 6,001 3,629 73% 20% 2411 2446 Commercial Other Buildings & FY17 FY18 FY19 FY20 Institutio
Slide 12: Key Delivered Marquee Projects
Key Delivered Marquee Projects Lodha – The Park Saifee Burhani Upliftment Trust Tata Trust – Cancer Hospital Brookfield – Unitech developers MLCP* Godrej – Central Brookfield – Seaview Developers Phase 1 Godrej – Summit Sattava Group – Sattva Salarpuria Cadenza Hiranandani – The Walk Bharti Land – W
Slide 13: FY20 Financial highlights
FY20 Financial highlights Total Income (₹ in Cr.) EBITDA (₹ in Cr.) EBITDA Margin (%) PBT (₹ in Cr.) 1,824 285 282 18.2 147 1,554 15.6 -14.8% -1.1% +260 bps -29.8% 103 FY19 FY20 FY19 FY20 FY19 FY20 FY19 FY20 PAT (₹ in Cr.) PAT Margin (%) Cash PAT (₹ in Cr.) Cash PAT Margin (%) 96 91 5.8 12.2 5.2 198
Slide 14: Q4 & FY20 Standalone Profit & Loss
Q4 & FY20 Standalone Profit & Loss Particulars (₹ In Crs) Q4 FY20 Q4 FY19 Y-o-Y FY20 FY19 Y-o-Y Revenue from Operations 307.2 497.6 -38.3% 1528.7 1787.6 -14.5% Other Income 5.6 9.6 25.4 36.9 Total Income 312.9 507.2 -38.3% 1554.1 1824.5 -14.8% Cost of Material Consumed (Incl. Construction Expenses)
Slide 15: Strong Standalone Balance Sheet
Strong Standalone Balance Sheet ASSETS (₹ In Crs) Mar-20 Mar-19 EQUITY AND LIABILITIES (₹ In Crs) Mar-20 Mar-19 NON-CURRENT ASSETS 942 728 EQUITY 926 843 Property, plant & equipment: 646 539 Equity Share capital 68 68 Core Assets 424 369 Site Establishment 194 143 Other equity 858 775 Other Fixed As
Slide 16: Cash Flow Statement
Cash Flow Statement Cash Flow Statement (₹ In Crs) FY20 FY19 PBT 103.4 147.3 Adjustments 171.5 112.0 Operating profit before working capital changes 274.9 259.3 Changes in working capital 111.7 -152.2 Cash generated from operations 386.6 107.1 Direct taxes paid (net of refund) -37.0 -40.8 Net Cash f
Slide 17: Key Financial Indicators
Key Financial Indicators ROE ROCE 17.6% 16.2% 11.3% 13.6% 10.5% 9.8% FY18 FY19 FY20 FY18 FY19 FY20 ROE = PAT ÷ Net Worth ROCE = EBIT ÷ (Net Worth + Long Term Borrowings + Short Term Borrowings) Net Debt : Equity (x) Net Core Fixed Asset T/O (x) 5.0 4.4 0.05 3.7 0.10 FY18 FY19 FY20 -0.11 FY18 FY19 FY
Slide 18: Our Business Model
Our Business Model
Slide 19: Developed our service portfolio by capturing the complexities
Developed our service portfolio by capturing the complexities … CAPACIT'E is unlike a commoditized construction company… “We do our business DIFFERENTLY” 2018 Onwards High Rise 2016 Onwards Super High Rise High Rise Gated Communities 2014 Onwards Super High Rise Commercial Office Gated Communities M
Slide 20: ... & built a sustainable model
... & built a sustainable model Sustainable Model: Timely Orderbook Execution + Technology Focus + Large Opportunity = SUSTAINABLE PROFITABILITY Factory & Buildings Continuous Risk Large Leveraging Maximization (F&B) Approach Mitigation Opportunity Ecosystem Maximize existing Assets & human resource
Slide 21: Hybrid Service Portfolio = Private + Public
Hybrid Service Portfolio = Private + Public Opportunity Enhances the multi fold construction opportunity in the world’s fastest growing economy, for a young company as Capacit'e Efficiency Benefit from the Large Central Schemes of the Government aimed Hybrid Service Portfolio towards Better Hospital
Slide 22: Hybrid Service Portfolio – Builds Diversity
Hybrid Service Portfolio – Builds Diversity FY18 FY19 FY20 Public Public 0% 13% Sector wise Split Private Public 46% Private Private 54% 100% 87% Public Order Book Public Order Book ₹ 915 Crores ₹ 5,713 Crores Orderbook Size Private Order Book + + ₹ 5,682 Crores Private Order Book Private Order Book
Slide 23: Strategic Priorities
Strategic Priorities High Rated Public Design & Build Lean Balance Sheet Cash Flows Marketing Focus Sector Clients Work with Large and Liquid Design & Build projects, Most sustainable Strong Cash Flow Focus leading Deepen our focus on public sector public sector clients & focus attracting lump sum c
Slide 24: New Way of Execution… To Timely deliver Orders
New Way of Execution… To Timely deliver Orders Disruptions create Opportunities to Strengthen Business Model Quick decision making SOP’s Training Technology Centralization Maintenance of highest Quality standards Centralised our controls with the objective to Extend Processes to IT tools minimise di
Slide 25: Project Profile
Project Profile
Slide 26: Tata Trust Cancer Hospital (Varanasi)
Tata Trust Cancer Hospital (Varanasi) 25 CAPACIT’E INFRASTRUCTURES LIMITED
Slide 27: Godrej Summit (Gurgaon)
Godrej Summit (Gurgaon) 26 CAPACIT’E INFRASTRUCTURES LIMITED
Slide 28: Our Creations (1/5)
Our Creations (1/5) Lodha The Park, Oberoi The Enigma, Nahar Exallibur, Mumbai MMR Mumbai MMR Mumbai MMR 27 CAPACIT’E INFRASTRUCTURES LIMITED
Slide 29: Our Creations (2/5)
Our Creations (2/5) Godrej Emerald, Auris Serenity, Mumbai MMR Mumbai MMR 28 CAPACIT’E INFRASTRUCTURES LIMITED
Slide 30: Our Creations (3/5)
Our Creations (3/5) Bharti Worldmark, Emmar Imperial, NCR NCR 29 CAPACIT’E INFRASTRUCTURES LIMITED
Slide 31: Our Creations (4/5)
Our Creations (4/5) Rustomjee seasons, Sir Ganga Ram Hospital – Multi Level Car Park, Wadhwa W54, Mumbai MMR Delhi Mumbai, MMR 30 CAPACIT’E INFRASTRUCTURES LIMITED
Slide 32: Our Creations (5/5)
Our Creations (5/5) Four Seasons, Sahana Sheth BEAU-MONTE, Brookfield, Mumbai MMR Mumbai MMR NCR 31 CAPACIT’E INFRASTRUCTURES LIMITED
Slide 33: Strong Financials to Achieve Growth
Strong Financials to Achieve Growth On A Long-term Growth Path…
Slide 34: Robust Order Book making us ready for future growth
Robust Order Book making us ready…for the future growth… Order Book to Sales Ratio Order Book (₹ in Cr.) Ex of MHADA (No. of years) 6.7 10,484 7,177 4.2 3.8 3.9 5,682 4,289 FY17 FY18 FY19 FY20 FY17 FY18 FY19 FY20 33 CAPACIT’E INFRASTRUCTURES LIMITED
Slide 35: …and to deliver sustainable financial performance
…and to deliver sustainable financial performance Total Income (₹ in Cr.) EBITDA (₹ in Cr.) Cash PAT (₹ in Cr.) 285 198 189 282 1,825 1,554 161 228 212 1,360 135 1,140 FY17 FY18 FY19 FY20 FY17 FY18 FY19 FY20 FY17 FY18 FY19 FY20 34 CAPACIT’E INFRASTRUCTURES LIMITED
Slide 36: Profit & Loss Statement
Profit & Loss Statement Particulars (₹ In Crs) FY20 FY19 FY18 FY17 Revenue from Operations 1529 1,788 1,336 1,125 Other Income 25 37 24 15 Total Income 1554 1824 1,360 1,140 Cost of Material Consumed (Incl. Construction Expenses) 1064 1,319 966 796 Employee Expenses 137 146 117 87 Other Expenses 71
Slide 37: Balance Sheet
Balance Sheet ASSETS (₹ In Crs) Mar’20 Mar’19 Mar’18 Mar’17 EQUITY AND LIABILITIES (₹ In Crs) Mar’20 Mar’19 Mar’18 Mar’17 NON-CURRENT ASSETS 942 728 543 381 EQUITY 926 843 749 299 Property, plant & equipment 646 539 409 324 Equity Share capital 68 68 68 44 Capital work-in-progress 5 4 0 7 Other equi
Slide 38: For further information, please contact
For further information, please contact Company : Investor Relations Advisors : Capacit'e Infraprojects Ltd. Strategic Growth Advisors Pvt. Ltd. CIN - L45400MH2012PLC234318 CIN - U74140MH2010PTC204285 Mr. Alok Mehrotra (President, Corporate Finance) Mr. Shogun Jain / Mr. Pratik R. Shah ir@capacite.i