J. Kumar Infraprojects Limited · NSE:JKIL
J. Kumar Infraprojects — Q4 FY21 Earnings Presentation
35 slides from J. Kumar Infraprojects's earnings presentation, May 26, 2021
Slide 1: Listing exchange cover letter for investor presentation
os. Ku mar Inf-raproject § |_ td. We dream... So we achieve... Regd. OFM: 16-A, Andheri Industrial Estate, Veera Desai Road, Andheri (W), Mumbai - 400053. INDIA Phi: +91-22-6774 3555, Faxt91-22-2673 0814. E-mail : info@jkumar.com Website ; www,jkumar.com CIN No. : L742 10MI1999PLC122886 J. Kumar ISO
Slide 2: Q4 & FY21 Result Update
J. Kumar Infraprojects Ltd. We dream… So we achieve… Q4 & FY21 Result Update
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by J. Kumar Infra Projects 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: Agenda
BUSINESS UPDATE & OUTLOOK KEY FINANCIAL HIGHLIGHTS CORPORATE OVERVIEW MANAGEMENT STRATEGIC PRIORITIES HISTORICAL FINANCIAL
Slide 5: Business Update & Outlook
BUSINESS UPDATE & OUTLOOK Workmen Availability 01 Workmen availability improved to pre Covid level starting Oct 2020 but was slowly impacted starting from March FY21. Order Book 02 • Order Book at the end of FY21 stood at ₹ 1,09,273 million • Awarded project totalling ₹ 22,594 mn during FY21. 03 Ord
Slide 6: Key Financial Highlights
KEY FINANCIAL HIGHLIGHTS 01 02 03 4 Total Income EBITDA PAT Cash PAT Q4 FY21 ₹ 9,920 million +13% ₹ 1,044 million +14% ₹ 327 million +5% ₹ 699 million +6% 10.5% 3.3% 7.1% ₹ 25,708 million FY21 ₹ 3,114 million ₹ 639 million ₹ 2,076 million 12.1% 2.5% 8.1% 5
Slide 7: Performance Highlights Q4 FY21 & FY21
PERFORMANCE HIGHLIGHTS Q4 FY21 & FY21 Revenue ₹ Mn EBIDTA ₹ Mn PAT ₹ Mn CASH PAT ₹ Mn Q4 FY21 699 660 Q4 FY20 Q4 FY21 FY21 6
Slide 8: Working Capital Efforts
WORKING CAPITAL EFFORTS Debtor (₹ In Mn) Inventory (₹ In Mn) Creditor (₹ in Mn) Working Capital (₹ in Mn) -249 -664 -26 -887 • Witnessed improvement in Working Capital despite pandemic condition • Debtors decreased from ₹ 6,448 mn in FY20 to ₹ 6,198 mn in FY21. • Focused measures helped us in reduci
Slide 9: Reducing Debt Level
REDUCING DEBT LEVEL Long Term Debt (Incl. Short Term Debt Gross Debt Net Debt Current Maturities) (₹ In Mn) (₹ In Mn) (₹ in Mn) (₹ In Mn) -712 -717 -1,429 -2,464 • Reduced debt level in one of the toughest year for industry • Reduction in both short term and long term debt levels leading to overall
Slide 10: Financial Q4 FY21 & FY21
FINANCIAL Q4 FY21 & FY21 Particulars (₹ In Mn) Q4 FY21 Q4 FY20 Y-O-Y Q3 FY21 FY21 FY20 Y-O-Y Revenue from Operations 9,920 8,778 13% 8,162 25,708 29,705 -13% Cost of Material Consumed 6,567 5,702 5,125 16,121 18,169 Employee Expenses 798 823 658 2,312 2,987 Other Expenses 1,511 1,334 1,224 4,162 4,2
Slide 11: Balance Sheet as at March 31, 2021
BALANCE SHEET AS AT MARCH 31, 2021 As at As at As at As at Particulars (₹ in Mn) Particulars (₹ in Mn) Mar 2021 Mar 2020 Mar 2021 Mar 2020 ASSETS EQUITY AND LIABILITIES Non-Current Assets Equity Property, plant and equipment 8,056 8,545 Equity Share Capital 378 378 Capital work-in-progress 1,498 987
Slide 12: Cash Flow Statement for March 31, 2021
CASH FLOW STATEMENT FOR MARCH 31, 2021 Particulars (₹ In Mn) FY21 FY20 PBT 886 2,333 Adjustments 2,296 2,010 Operating profit before working capital changes 3,182 4,343 Changes in working capital 902 (821) Cash generated from operations 4,084 3,523 Direct taxes paid (net of refund) (396) (934) Net C
Slide 13: Corporate Overview
CORPORATE OVERVIEW FINANCIAL DISCIPLINE Rated “IND A+/Stable” for Fund based limit and “IND A1” INCORPORATION for non-fund based limit. A improving net debt equity Incorporated in the year 1999 under ratio of (0.04) as on Mar 31, 2021 compared to 0.10 as on the visionary leadership of Mr. Mar 31, 20
Slide 14: Work We Do
WORK WE DO METRO • Metros Elevated • Metros Underground • Metro Station & Depot Flyovers, Bridges & Roads • Flyovers, Bridges & Roads • Pedestrian Subways • Airport Runways Civil & Others • Hospital/Medical College • Railway Terminus & Station • Commercial Building • Sports Complex • Other Civil Con
Slide 15: Order Book Breakup as on March 31, 2021
ORDER BOOK BREAKUP AS ON MARCH 31, 2021 Segment Wise Break-up (%) Sub-segment wise Break-up (%) 2% 44% 54% Metro Flyover, Bridges & Roads Civil & Other Geographical Break-up (%) Client wise Break-up (%) 14
Slide 16: Order Book Position as on March 31, 2021
ORDER BOOK POSITION AS ON MARCH 31, 2021 Order Backlog Order Backlog Name of the Project Sub Segment Client Name Name of the Project Sub Segment Client Name (₹ mn) (₹ mn) MUMBAI METRO LINE-09-07A (CA48) Metro - Elevated MMRDA 18,155 SEWRI WORLI ELEVATED CONNECTOR Flyover MMRDA 10,347 MUMBAI METRO LI
Slide 17: Revenue – Key Contributors
REVENUE – KEY REVENUE – KEY CONTRIBUTORS CONTRIBUTORS METRO - UNDERGROUND (₹ mn) METRO - ELEVATED (₹ mn) 16
Slide 18: Revenue – Key Contributors
REVENUE – KEY CONTRIBUTORS FLYOVER & BRIDGES (₹ mn) ROADS (₹ mn) CIVIL & OTHERS (₹ mn) 17
Slide 19: Our Marquee Clients
CIVIL AND FLYOVER & METRO & OTHERS BRIDGES RAILWAYS OUR MARQUEE CLIENTS UPRNNL 18
Slide 20: Equipment Bank
EQUIPMENT BANK TBM Machine Piling Machine Casting Yard Dumper / Tipper RMC Plant Segment Rolling Launching Girder Bitumen Plant 19
Slide 21: Our Journey So Far
OUR JOURNEY SO FAR • Awarded Ahmedabad • Awarded contracts worth ₹ • Awarded first Metro Metro Project worth 22,594 Mn in FY 21 Project by DMRC ₹ 2,781 Mn worth ₹ 14,072 Mn • Revenue at ₹25,708 mn • Fund raised through despite pandemic and • UPRNNL Project of ₹ Company Started 2008 5,190 Mn 2013 QIP
Slide 22: Some of Our Completed Projects
SOME OF OUR COMPLETED PROJECTS Delhi Underground Metro Sky Walk – Mumbai Project KSB Underpass, Pune ESIC - Alwar 21
Slide 23: Some of Our Completed Projects….1
SOME OF OUR COMPLETED PROJECTS….1 Delhi Elevated Metro Amar Mahal Flyover Ahmedabad Metro BKC- Chunabhatti Flyover 22
Slide 24: Key Ongoing Projects – Mumbai Metro
KEY ONGOING PROJECTS – MUMBAI METRO Line 3 -Package 6 Line 3 - Package 5 Line 7 Line 2 Line 2 Line 3- Package 5 23
Slide 25: Key Ongoing Projects
KEY ONGOING PROJECTS RML, Lucknow Pune Elevated Metro Chhedanagar Flyover Kalwa Bridge Thane SCLR Flyover JNPT 24
Slide 26: Key Strength
KEY STRENGTH Sustainable Consistently positive Experienced Large & delivering operating cash Management diversified growth in flows and stable Ownership of team with order book financial margin profile Proven Large fleet of proven track from elite performance making JKIL an execution machineries rec
Slide 27: Executive Directors
EXECUTIVE DIRECTORS Mr. Jagdishkumar Gupta Mr. Kamal Gupta Mr. Nalin Gupta Executive Chairman Managing Director Managing Director Mr. Jagdishkumar Gupta, the architect of JKIL, Graduated with Bachelors in Civil A commerce graduate and Member of is a first generation entrepreneur and has led Engineer
Slide 28: Independent Directors
INDEPENDENT DIRECTORS Dr. R. Srinivasan Mr. Padmanabh P. Vora • Holds a Doctorate in Banking and Finance • Served as CMD of Bank of India and Allahabad • Chartered Accountant with over 32 years Bank. experience in finance, banking and • Serving on board of several companies management. focused on so
Slide 29: Our Core Team
OUR CORE TEAM Arvind Gupta Poornima Reddy Mayank Kumar Jain Company Secretary & Chief Financial Officer Head Transportation-Project Compliance Officer S.M. Thorat Ravindra M Kulkarni R. B. Singh Vice President (Projects) Vice President (IT, Admin & HR) Regional General Manager Rajan Sharma Dharmendr
Slide 30: Strategic Priorities
STRATEGIC PRIORITIES At JKIL, we are attractively placed Increase in scope of existing to carve out larger projects. We would bid for and undertake large Larger & 01 02 Increase projects help us in better Wallet Share absorption of our administration projects which meets internal Complex Projects co
Slide 31: Key Financial Indicators
KEY FINANCIAL INDICATORS Revenue from Operations ₹ Mn EBIDTA ₹ Mn PAT ₹ Mn Cash PAT ₹ Mn 30
Slide 32: Key Ratios
KEY RATIOS Asset Turnover Ratio Working Capital Days ROE ROCE 31
Slide 33: Profit & Loss
PROFIT & LOSS Particulars (₹ In Mn) FY17 FY18 FY19 FY20 FY21 Revenue from Operations 16,043 20,507 27,871 29,705 25,708 Cost of Material Consumed 9,659 12,087 17,203 18,169 16,121 Employee Expenses 1,267 1,971 2,477 2,987 2,312 Other Expenses 2,611 3,237 3,828 4,260 4,162 EBIDTA 2,506 3,212 4,363 4,
Slide 34: Balance Sheet
BALANCE SHEET As at As at As at As at Particulars (₹ in Mn) Particulars (₹ in Mn) Mar 2021 Mar 2020 Mar 2021 Mar 2020 ASSETS EQUITY AND LIABILITIES Non-Current Assets Equity Property, plant and equipment 8,056 8,545 Equity Share Capital 378 378 Capital work-in-progress 1,498 987 Other Equity 18,491
Slide 35: For further information, please contact
For further information, please contact Company : Investor Relation Advisors: J Kumar Infraprojects Ltd. Marathon Capital Advisory Private Limited Mr. Arvind Gupta (Chief Financial Officer) Dr. Rahul Porwal Ph: +91-22-67743555 Tel : +91-22-40030610 / + 91 9967576900 Email: arvind.gupta@jkumar.com Em
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