Kalpataru Projects International Limited · NSE:KPIL
Kalpataru Projects International — Q3 FY2024 Earnings Presentation
17 slides from Kalpataru Projects International's earnings presentation, Feb 7, 2024
Slide 1: Exchange intimation letter: Investor/Analyst Presentation
KPIL/23-24 07th February, 2024 BSE Limited National Stock Exchange of India Ltd. Corporate Relationship Department ‘Exchange Plaza’, C-1, Phiroze Jeejeebhoy Towers Block ‘G’, Bandra-Kurla Complex Dalal Street, Fort Bandra (E) Mumbai - 400 001 Mumbai – 400 051 Scrip Code: 522287 Scrip Code: KPIL Sub.
Slide 2: Q3 FY2024 Results Presentation
Q3 FY2024 Results Presentation
Slide 3: Sr. No. Particulars Page No.
Sr. No. Particulars Page No. 1 Company Overview 2 2 Result Highlights – Q3 FY24 & 9M FY24 3 3 Consolidated Business Revenue & Industry 6 Outlook 4 Sustainability at KPIL 11 T&D B&F WATER OIL & GAS RAILWAYS URBAN INFRA 1 Tajikistan, Transmission Line project
Slide 4: KPIL – Business Overview
KPIL – Business Overview One of India’s largest listed, diversified Engineering & Construction Company with a global presence Experience of Over Market capitalization of 4 decades Urban Infra Oil & Gas USD 1.7 Billion Annual Consolidated Revenue (FY23) Footprints 73 countries USD 2 Billion Buildings
Slide 5: Snapshot of Q3 FY24 Results (Consolidated)
Snapshot of Q3 FY24 Results (Consolidated) Strong operating results with double-digit growth in revenue and PAT ₋ Growth led by robust execution in T&D, Water, Urban Infra and B&F business Revenue ₋ EBITDA margin of 8.7% and PBT margin at ~4% for Q3 FY24; Margin commensurate ₹ 4,896 Crores with inve
Slide 6: Results Summary – Q3 FY24 & 9M FY24 (Consolidated)
Results Summary – Q3 FY24 & 9M FY24 (Consolidated) ₹ Crores Particulars Q3 FY23 Q3 FY24 Change (YoY) 9M FY23 9M FY24 Change (YoY) Revenue 4,004 4,896 22.3% 11,479 13,655 19.0% (-) Operating Expenses (3,630) (4,472) (10,441) (12,479) Core EBITDA 374 424 13.4% 1,038 1,176 13.3% Core EBITDA Margin 9.3%
Slide 7: Results Summary – Q3 FY24 & 9M FY24 (Standalone)
Results Summary – Q3 FY24 & 9M FY24 (Standalone) ₹ Crores Particulars Q3 FY23 Q3 FY24 Change (YoY) 9M FY23 9M FY24 Change (YoY) Revenue 3,509 4,147 18.2% 9,941 11,613 16.8% (-) Operating Expenses (3,204) (3803) (9,091) (10,647) Core EBITDA 305 344 12.8% 850 966 13.6% Core EBITDA Margin 8.7% 8.3% 8.6
Slide 8: Consolidated Business Revenue – Q3 FY24 & 9M FY24
Consolidated Business Revenue – Q3 FY24 & 9M FY24 ₹ Crores Change Change Particulars Q3 FY23 Q3 FY24 9M FY23 9M FY24 Key Highlights (YoY) (YoY) T&D revenue rises with strong execution & robust order book Strong Tendering activity; L1 position of ₹3,200+ Cr mostly in Indian market T&D* 1,480 1,91
Slide 9: Order Book & Order Inflow (Consolidated)
Order Book & Order Inflow (Consolidated) Order Inflow Order Book Urban Infra, 5% Urban Infra, 7% Railways, 6% ₹ 996 cr ₹ 1,033 cr Railways, 7% ₹ 3,577 cr Oil & Gas, 3% ₹ 3,750 cr ₹ 512 cr Oil & Gas, 3% Water, 9% ₹ 1,586 cr T&D, 41% T&D , 37% ₹ 1,589 cr YTD FY24: ₹ 7,486 cr ₹ 19,367 cr 31 Dec 2023: ₹
Slide 10: Update on Borrowings & Working Capital
Update on Borrowings & Working Capital (₹ Crores) STANDALONE Difference Particulars Q3 FY23 Q2 FY24 Q3 FY24 y-o-y q-o-q Loan Funds 2,858 2,911 3,260 402 349 (+) Long Term borrowings 830 843 866 36 22 (+) Short Term borrowings incl. current maturities 2,028 2,068 2,394 366 326 (-) Cash, Bank & Other
Slide 11: Industry Outlook - Robust Visibility Across Businesses
Industry Outlook - Robust Visibility Across Businesses Global T&D investment is expected to double and reach USD 600 billion per year by 2030 on back of higher adoption of renewables, upgradation/ replacement of T&D infra and rise in electricity demand T&D Strong bidding pipeline in India: Renew
Slide 12: Update on Road BOOT Assets
Update on Road BOOT Assets Average Per Day Collections (₹ Lakhs) Brij Bhoomi Expressway Pvt Ltd. Wainganga Expressway Pvt Ltd. Vindhyachal Expressway Pvt Ltd. Growth of 6.5% YoY 25.4 25.8 24.5 24.4 23.9 23.7 23.7 23 22.5 21.9 21.6 21.1 20.1 20.8 20.5 19.9 19.7 19.7 18.5 17.9 18.1 19 17.1 16 15.8 16.
Slide 13: Sustainability at KPIL
Sustainability at KPIL Administrative Building to Govt School, MOROGORO, Tanzania
Slide 14: Sustainability Goals: A Greener Future
Sustainability Goals: A Greener Future Our Sustainability Mission Water Neutrality by 2032 “We will continuously endeavor to make products & services By 2032, our goal is water neutrality via innovation, sustainable by driving carbon & water neutrality in our responsible procurement, and community i
Slide 15: Sustainability Framework
Sustainability Framework Key Strategic Pillars Focus Areas Robust Governance Anti-Bribery Management Diverse Board & Experienced System (ABMS) Committee Creating Positive Impact Management Team for implementing ABAC1 Carbon framework Emission Water Stewardship Waste Management Code of Conduct, Perio
Slide 16: Disclaimer
Disclaimer This presentation may include statements which may constitute forward-looking statements. All statements that address expectations or projections about the future, including, but not limited to, statements about the strategy for growth, business development, market position, expenditures
Slide 17: Conference Call
Conference Call Date: 8th February 2024 | Time: 9 AM (IST) Dial in Number: +91 22 6280 1384 / +91 22 7115 8285 (accessible from all networks and countries) Email: investorrelations@kalpataruprojects.com Fasttel project, Brazil
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