Nila Infrastructures Limited · NSE:NILAINFRA
Nila Infrastructures — H1 FY2019 Earnings Presentation
27 slides from Nila Infrastructures's earnings presentation, November 2018
Slide 1: Nila Infrastructures Limited Earnings Presentation Q2/H1-FY2019
NILA INFRASTRUCTURES LIMITED EARNINGS PRESENTATION | Q2/ H1-FY2019
Slide 2: Executive Summary
Executive Summary Company Overview • Nila Infrastructures Ltd. established in 1990, initially operating as a city-based realtor, has now transformed into a diversified Infrastructure entity operating in Gujarat and Rajasthan. • It is listed on the BSE + NSE and has a market cap of ~INR 3.1 Bn as on
Slide 3: Corporate action - Demerger
Corporate action - Demerger Pre Demerger Post Demerger Promoters: 61.90% Promoters: 61.90% Public: 38.10% Public: 38.10% Nila Infrastructures Ltd. (NILA) Nila Infrastructures Ltd. (NILA) Nila Spaces Ltd. (NSL) Infrastructure Business Real Estate Business Infrastructure Business Real Estate Business
Slide 4: Company Overview – Nila Infrastructures Ltd.
Company Overview – Nila Infrastructures Ltd. Revenue (INR Mn) and EBITDA margin 18% 14% 16% • A flagship unit of the Ahmedabad based Sambhaav Group, Nila Infrastructures Limited is one of Gujarat’s leading companies engaged in turnkey civic urban infrastructure development. • The company forayed int
Slide 5: Q2/H1-FY2019 Financial Highlights
Q2/ H1-FY2019 FINANCIAL HIGHLIGHTS
Slide 6: Financial Highlights
Financial Highlights Q2-FY2019 Standalone Financial Performance: H1-FY2019 Standalone Financial Performance: Income from Operations – INR 485 Mn Income from Operations – INR 988 Mn EBITDA – INR 89 Mn EBITDA – INR 162 Mn EBITDA Margin – 18.45% EBITDA Margin – 16.33% Net Profit – INR 47 Mn Net Profit
Slide 7: Q2-FY2019 Income Statement – Standalone (IND-AS)
Q2-FY2019 Income Statement – Standalone (IND-AS) Particulars (INR Mn) Q2-FY2019 Q2-FY2018 Y-o-Y Q1-FY2019 Q-o-Q Income from Operations 485 472 2.8% 503 (3.6)% Operating Expenses 396 380 4.2% 432 (8.3)% EBITDA 89 92 (3.3)% 71 25.4% EBITDA Margin (%) 18.35% 19.49% (114) Bps 14.12% 423 Bps Finance Cost
Slide 8: H1-FY2019 Income Statement – Standalone (IND-AS)
H1-FY2019 Income Statement – Standalone (IND-AS) Particulars (INR Mn) H1-FY2019 H1-FY2018 Y-o-Y Income from Operations 988 1,132 (12.7)% Operating Expenses 826 925 (10.7)% EBITDA 162 207 (21.7)% EBITDA Margin (%) 16.40% 18.29% (189) Bps Finance Cost 70 63 11.1% Depreciation 9 9 NA Other Income 47 39
Slide 9: Affordable Housing Business Overview
AFFORDABLE HOUSING BUSINESS OVERVIEW
Slide 10: Affordable Housing – Overview
Affordable Housing – Overview Revenue from Affordable Housing (INR Mn) • The company was one of the first to venture into the Affordable Housing scheme in 2012 and is now a specialist in this segment. • The company engages in the development of projects for EWS, LIG, and MIG sections in addition to
Slide 11: Order Book for Affordable Housing at 30-Sept-2018
Order Book for Affordable Housing at 30-Sept-2018 Total Order-book break up Business Sr. Project – Client Value (INR Mn) Model 1 Khodiyarnagar – AMC PPP 210 CUI 37% 2 Kailashnagar – AMC PPP 44 3 Jodhpur – JoDA EPC (R) 1,073 Affordable Housing 4 Udaipur – UIT EPC (R) 231 63% 5 Bhilwara – UIT EPC (R)
Slide 12: Civic Urban Infrastructure Business Overview
CIVIC URBAN INFRASTRUCTURE BUSINESS OVERVIEW
Slide 13: Civic Urban Infrastructure – Overview
Civic Urban Infrastructure – Overview • The Company gained traction in Civic Urban Infrastructure, in 2006-07 as the flagship company of the Group Sambhaav Media Ltd was awarded construction of decorative AMTS Bus Stand in Ahmedabad. • The Company has undertaken a variety of projects under Civic Urb
Slide 14: Order book for Civic Urban Infrastructure at 30-Sept-2018
Order book for Civic Urban Infrastructure at 30-Sept-2018 Business Total Order-book break up Sr. Project – Client Value (INR Mn) Model 1 Inspire Phase II- Adani EPC 539 Affordable Housing 63% 2 Barmer – EPIL EPC 355 3 Arham EPC 346 CUI 37% 4 Inspire - Adani EPC 302 CUI Segment Break up 5 Romanovia –
Slide 15: White Label Construction Business Overview
WHITE LABEL CONSTRUCTION BUSINESS OVERVIEW
Slide 16: White Label Construction
White Label Construction • Under White Label Construction, the company undertakes construction projects on an EPC/LSTK basis for reputed private developers. • 800 Affordable Housing units’ Residential complex project for Adani group. • Office building project for Adani Ports and Special Economic Zon
Slide 17: Industrial and Logistics Parks Business Overview
INDUSTRIAL AND LOGISTICS PARKS BUSINESS OVERVIEW
Slide 18: Becharaji (Gujarat) – The next Auto-hub of India
Becharaji (Gujarat) – The next Auto-hub of India • Close proximity to Major all-weather ports viz., Kandla and Mundra, promise excellent access to global markets. Becharaji, Gujarat • This preempts huge long term investments by auto majors like Suzuki and Honda Motorcycles & Scooters in and around t
Slide 19: Becharaji (Gujarat) – The next Auto-hub of India
Becharaji (Gujarat) – The next Auto-hub of India Particulars Romanovia Industrial Park Pvt.Ltd. Kent Residential and Industrial Park LLP TVS Warehouse Nittsu Logistics Warehouse SMGPL Dormitory Project Images Ownership 50:50 Joint Venture between Nila Infrastructures Limited and the Kataria Group (
Slide 20: Historical Financials
HISTORICAL FINANCIALS
Slide 21: Income Statement – Standalone (IND-AS)
Income Statement – Standalone (IND-AS) Particulars (INR Mn) FY2017 FY2018 H1-FY2019 Income from Operations 1,983 2,143 988 Operating Expenses 1,699 1,763 826 EBITDA 284 380 162 EBITDA Margin (%) 14.32% 17.73% 16.40% Finance Cost 89 111 70 Depreciation 16 17 9 Other Income 69 73 47 Profit Before Tax
Slide 22: Balance Sheet – Standalone (IND-AS)
Balance Sheet – Standalone (IND-AS) EQUITIES & LIABILITIES (INR Mn) FY2017 FY2018 H1-FY2019 ASSETS (INR Mn) FY2017 FY2018 H1-FY2019 Shareholder Funds Non Current Assets Equity Share Capital 393 394 394 Property, Plant and Equipment 92 90 87 Other Equity 214 684 727 Investment Properties 255 250 247
Slide 23: Income Statement – Consolidated (IND-AS)
Income Statement – Consolidated (IND-AS) Income Statement (INR Mn) FY2017 FY2018 Income from Operations 1,946 2,022 Total Expenses 1,670 1,665 EBITDA 276 357 EBITDA Margin 14.18% 17.66% Finance Cost 89 111 Depreciation 16 17 Other Income 59 55 Share in profit of joint venture and associate 2 6 PBT 2
Slide 24: Balance Sheet – Consolidated (IND-AS)
Balance Sheet – Consolidated (IND-AS) EQUITIES & LIABILITIES (INR Mn) FY2017 FY2018 ASSETS (INR Mn) FY2017 FY2018 Shareholder Funds Non Current Assets Equity Share Capital 393 394 Property, Plant and Equipment 92 90 Other Equity 194 639 Investment Properties 255 250 Total -Shareholder Funds 587 1,03
Slide 25: Consolidated Financial Performance (IND-AS)
Consolidated Financial Performance (IND-AS) Revenue (INR Mn) and EBITDA Margin (%) PAT (INR Mn) and PAT Margins (%) Debt to Equity Ratio 17.7% 9.6% 14.2% 7.4% 1,946 2,022 1.08 0.65 149 200 FY2017 FY2018 FY2017 FY2018 FY2017 FY2018 Interest Coverage Ratio Current Ratio 1.17 1.55 3.10 3.22 FY2017 FY20
Slide 26: Capital Market Information
Capital Market Information Share Price Performance at 30th September, 2018 80% Nila Infra Sensex 60% 40% 20% 0% -20% -40% -60% Price Data as on 30th September, 2018 Shareholding Pattern as on 30th September, 2018 CMP (ex-date 14th June, 2018) 7.83 Body FII No. of Shares (Mn) 393.9 5.67% Corporates 2
Slide 27: Disclaimer
Disclaimer No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events not current after the d
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