Slide 1: Corporate Presentation
Corporate Presentation June 2017 1
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by IRB Infrastructure Developers Limited (the “Company”) solely for your information and for your use and may not be taken away, reproduced, redistributed or passed on, directly or indirectly, to any other person (whether within or outside your organiza
Slide 3: Contents
Contents Sr. No Particulars 1 Company Overview 2 Key Highlights for June 30, 2017 quarter 3 Successful Launch of First InvIT of India 4 Benefits to IRB post InvIT 5 Impact of InvIT on Consolidated Financials of IRB 6 Key Competitive Difference 7 Roadmap so far 8 The IRB Group 9 Organization Structur
Slide 4: Key Highlights during the June - 2017 Qtr
Key Highlights during the June - 2017 Qtr Revenue EBITDA Post Minority Interest PAT For Q1 FY 2018 has For Q1 FY 2018 has For Q1 FY 2018 has gone up to Rs.18,704 mn gone up to Rs. 8,713 Mn gone up to Rs.2,379 mn from Rs. 15,481 Mn from Rs. 8,047 Mn from Rs. 1,818 Mn registering a growth of registeri
Slide 5: Successful Launch of First InvIT of India
Successful Launch of First InvIT of India Operational First ever Listed Infrastructure Investment Trust in Unit holding Pattern Project Assets India “IRB InvIT Fund” Category % Holding acquired from IRB Sponsor(s) / Investment Manager / Project 15% Issue opened on 03.05.2017 and closed on 05.05.
Slide 6: Benefits to IRB post InvIT
Benefits to IRB post InvIT IRB has received Rs. 2600 crore as consideration for sale of its equity shareholding in six Project SVPs Rs. 1,681 transferred to IRB InvIT Fund. Consideration to IRB was paid as follows; Rs. 1681 Crores Upfront and Units in IRB InvIT Fund worth Rs. 889.00 Cr Crores of U
Slide 7: Impact of InvIT on Consolidated Financials of IRB
Impact of InvIT on Consolidated Financials of IRB Impact on Balance Sheets for FY 2018 and FY 2019 Net Worth Networth will increase as PAT increases ; no immediate Impact on Net Worth Cash Upfront inCash Upfront IRB received approx. Rs.2,600 Crores consideration for sale of shares by way of ~Rs.1,70
Slide 8: Company Overview
Company Overview IRB Group IRB Infrastructure Developers Limited (“IRB”) incorporated in 1998, has strong in-house integrated execution capabilities One of the leading Infrastructure Development company in India in road and highway sector Group has successfully executed numerous BOT projects i
Slide 9: Key Competitive Advantage
Key Competitive Advantage One of the largest BOT Project Portfolio in the Roads and Highways Robust order 15 BOT projects Sector book of out of which 7 Rs 89,107 Mn are operational * Key Competitive Professionally Advantage Strong financial managed track record and company with relationship with qua
Slide 10: Roadmap So Far
Roadmap So Far Awarded 2 Nos. of Six Laning First ever Airport Project in IRB’s Projects of NHAI on DBFOT Launched India’s first portfolio Pattern in the state of ever listed Infrastructure – Greenfield Airport Project in Rajasthan Investment Trust “ IRB Sindhudurg, Maharashtra. – Udaipur to G
Slide 11: The "IRB" Group
The “IRB” Group IRB’s Road Projects Roads 100%** 15 BOT Projects Sr. Company Road Name Length in No. Km 1 Aryan Toll Road Pvt. Ltd. Pune – Sholapur BOT 26.00 2 ATR Infrastructure Pvt. Ltd. Pune – Nashik BOT NH 50 29.81 Engineering , 3 Mhaiskar Infrastructure Pvt. Ltd. Mumbai – Pune BOT MPEW & NH4 20
Slide 12: Organization Structure
Organization Structure Board of Directors Mr. Virendra D. Mhaiskar Chairman and Managing Director Mrs. Deepali V. Mhaiskar Mr. Mukesh Gupta Mr. Sudhir Hoshing Executive Director Joint Managing Director Joint Managing Director Mr. Chandrashekhar S. Kaptan Mr. Sunil H. Talati Mr. Sandeep Shah Mr. Suni
Slide 13: Organization Structure
Organization Structure Statutory Auditors Mr. Rajkamal R. Bajaj Internal Auditors Suresh Surana & Associates LLP S. R. Batliboi & Co. LLP Advisor to the Board Chartered Accountants Chartered Accountants Joint Statutory Auditors Bankers / Lenders of IRB Group Gokhale & Sathe Andhra Bank Canara Bank C
Slide 14: Shareholding Pattern
Shareholding Pattern Shareholding Pattern as On June 30, 2017 Name Percentage (%) Promoter 57.20 Promoter Group 0.17 FII / EPI 27.78 DII 8.17 Others 6.68 Total 100.00 Shareholders holding more than 1% shares as on June 30, 2017 Name Percentage (%) Government of Singapre 5.10 Platinum Asia Fund 4.53
Slide 15: Operational BOT Projects
Operational BOT Projects Name of Pathankot Ahmedabad Pune - Nashik Pune - Solapur the Project Amritsar Vadodara Client NHAI NHAI MOSRT&H MOSRT&H State Punjab Gujarat Maharashtra Maharashtra Length of the Project 102.42 195.602 29.81 26.00 (In Kms) Project Cost in Rs. 14,453 48,800 737 630 Mn Debt /
Slide 16: Operational BOT Projects
Operational BOT Projects Mumbai IRDP Name of the Project Thane Ghodbunder Pune Kolhapur Client MSRDC MSRDC MSRDC State Maharashtra Maharashtra Maharashtra Length of the Project (In Kms) 206.00 14.90 49.99 Project Cost in Rs. Mn 13,016 2,462 4,300 Debt / Unsecured Loan Outstanding as on June 30, 2017
Slide 17: BOT Projects Under Implementation
BOT Projects Under Implementation Name of the Goa / Karnataka Border Solapur Yedeshi Kaithal Project to Kundapur Yedeshi Aurangabad Rajanthan Border Client NHAI NHAI NHAI NHAI State Karnataka Maharashtra Maharashtra Haryana Length of the Project (In 189.60 98.72 189.09 166.26 Kms) Project Cost in Rs
Slide 18: BOT Projects Under Implementation
BOT Projects Under Implementation Name of the Agra – Etawah Udaipur – Gujarat Border Gulabpura – Chittorgarh Kishangarh - Gulabpura Project Client NHAI NHAI NHAI NHAI State Uttar Pradesh Rajasthan / Gujarat Rajasthan Rajasthan Length of the Project 124.52 113.80 124.87 90.00 (In Kms) Project Cost in
Slide 19: Strong Order Book
Strong Order Book Order book As on June 30, 2017 Amount Order Book* Composition in Rs. Mn Ongoing BOT Projects 27,846 BOT Projects in O&M Phase 6,901 BOT Projects - Construction yet to commence 54,360 Total 89,107 •Order Book as of a particular date consists of unbilled revenue from the uncompleted
Slide 20: IRB's BOT Road Portfolio
IRB’s BOT Road Portfolio BOT Portfolio – Km & Lane Km BOT Portfolio – State wise % 12000 Rajasthan 25% 10000 Punjab 5% 8000 Karnataka 9% Haryana 6000 8% Km and LKM 4000 Gujarat Uttar Pradesh 12% 9% 2000 0 Maharashtra 32% -2000 -4000 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Year 2002 2003 2004 2005 2006 2
Slide 21: The Road Ahead
The Road Ahead BOT Projects Continue to focus on BOT infrastructure projects in the road and highways sector Geographical diversification - accentuating Company’s nationwide plans De-risking revenue stream KM-82 Dependency on single project now reduced to operationalization of new BOT Projects
Slide 22: Consolidated Financial Results
Consolidated Financial Results Amount in Rs Mn For the Period June 2017 ( Quarter) (As per Ind-AS) June 2016 (Quarter) (As per Ind-AS) Ended Construction Particulars Total All Segments BOT Segment Total All Segments Construction Segment BOT Segment Segment Amt % Amt % Amt % Amt % Amt % Amt % Total I
Slide 23: Consolidated Financial Results
Consolidated Financial Results Amount in Rs Mn For the Period June 2017 ( Quarter) (As per Ind-AS) March 2017 ( Quarter) (As per Ind-AS) Ended Construction Particulars Total All Segments BOT Segment Total All Segments Construction Segment BOT Segment Segment Amt % Amt % Amt % Amt % Amt % Amt % Total
Slide 24: Consolidated Financial Results
Consolidated Financial Results Amount in Rs Mn For the Period June 2017 ( Quarter) (As per Ind-AS) March 2017 (Year) (As per Ind-AS) Ended Particulars Total All Segments Construction Segment BOT Segment Total All Segments Construction Segment BOT Segment Amt % Amt % Amt % Amt % Amt % Amt % Total Inc
Slide 25: Strong Financial Track Record Consolidated Financials
Strong Financial Track Record Consolidated Financials Revenue EBITDA 70,000 35,000 31,715 59,691 60,000 30,000 27,874 52,551 50,000 25,000 23,247 38,174 39,605 18,751 Rs. in Mn 40,000 37,319 20,000 17,634 Rs.in Mn 30,000 15,000 18,704 10,000 8,713 20,000 5,000 10,000 - - FY 2013 FY 2014 FY 2015 FY 2
Slide 26: Strong Financial Track Record Consolidated Financials
Strong Financial Track Record Consolidated Financials Net Worth & ROE Net Debt & Net Debt to Equity Ratio 58,000 53,343 30% 52,716 163,000 151,498 6.00 54,000 154,000 50,000 43,609 48,272 25% 145,000 134,093 136,000 5.00 46,000 127,000 118,000 109,695 42,000 17% 20% 111,763 4.00 35,607 109,000 95,81
Slide 27: BOT Toll Revenue Comparative
BOT Toll Revenue Comparative Amount in Rs Mn FY 2017 FY 2018 Sr. Name of the Project FY 2014 FY 2015 FY 2016 FY 2017 Q1–June Q1– June No. 2016 2017 1 Mumbai - Pune BOT Project 4,376 5,673 6,331 6,819 1,879 2,278 2 Ahmedabad – Vadodara 1,219 1,566 2,187 3,309 875 916 3 Pathankot Amritsar BOT Project
Slide 28: BOT Toll Revenue Comparative
BOT Toll Revenue Comparative Amount in Rs Mn 28
Slide 29: BOT Toll Revenue Comparative
BOT Toll Revenue Comparative Amount in Rs Mn 29
Slide 30: Corporate Recognition
Corporate Recognition IRB has been awarded CNBC TV 18 Essar Steel Infrastructure Excellence Award in the Highways & Flyovers category for Mumbai - Pune section of National Highways (NH-4). This award was in recognition of the high quality work implemented on the development and maintenance of the Mu
Slide 31: Corporate Recognition
Corporate Recognition This award was won by IRB for being the ideal companies to work This award was won by the for infrastructure sector in India company for having acknowledging its business employee friendly policies, This was awarded for the free operations, quality of its respect for dignity of
Slide 32: Our CSR Initiative
Our CSR Initiative We have replicated same model and have started a We also generously school in the Pathankot district of Punjab, near the contributed to the Amritsar- Pathankot BOT project. Chief Minister’s drought relief fund in Maharashtra. The School building was inaugurated on 27 March 2017.Th
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