Slide 1: Earnings Presentation Q3/9M-FY17
EARNINGS PRESENTATION Q3/9M-FY17 1
Slide 2: Executive Summary
Header Goes Executive Here Summary • MEP Infrastructure Developers Ltd (MEP), is one of the leading players for OMT and Toll Collection projects in India. Company CompanyOverview Overview • Founded in 2002 by current promoters Mr Dattatray Mhaiskar and Jayant Mhaiskar, MEP commenced operations with
Slide 3: Diversified Project Portfolio With Pan-India Presence
Header Goes Diversified Here Project Portfolio With Pan-India Presence Current Portfolio Across Eight States In India Current Project Mix Long Short Location OMT Term Term HAM BOT Total Toll Toll Maharashtra 2 1 - 4 1 8 Tamil Nadu - 1 1 - - 2 Rajasthan - - 3 - - 3 Uttar Pradesh Gujarat - - - 2 - 2 R
Slide 4: Recent Project Additions/Completion
Header Goes Here Recent Project – Additions/Completion Project Additions Payment to Sr. Name of LOA/ Commencement Name of Project State Type Tenor Authority No Authority of operations (INR Mn) 1 Kalyan – Shilphata Maharashtra MSRDC Long Term Toll Collection 23rd December 2016 156 Weeks 616.5 2 Brijg
Slide 5: Hybrid Annuity Model Project Portfolio
Header Goes Here Hybrid Annuity Model Project portfolio MEPIDL has 6 road projects under Hybrid Annuity Model Project Asset Arawali Kante* Kante Wakad* Nagpur Package I* Nagpur Package II* Talaja Mahuva Mahuva Kagavadar Four-laning Four-laning of Talaja Four Laning of Four-laning Four-laning of stan
Slide 6: Our Project Timelines
Header Goes Our Project Here Timelines Long Term Toll Operate Maintain Toll Kalyan Shilphata Mumbai Entry Points Rajiv Gandhi Salai Rajiv Gandhi Sea link Hyderabad- Vidyasagar Setu Banglore Short Term Toll Hybrid Annuity Model Sau Kala Construction Period Annuity Period Ghangari Alwar Sikandra Mahuv
Slide 7: Key Developments in the Industry
Header Goes Herein the industry Key developments § The option of an InvIT has emerged as an alternate source of funding to address the infrastructure financing gap in India. § Several companies have Initiated, or are in the process of, obtaining approval from SEBI. They include IRB Infrastructure De
Slide 8: New Project Pipeline
Header Goes New Project Here Pipeline Short Term/long term Toll Collection Projects Annual Potential Number of Projects Currently Sr. No Name of Authority Toll Collection Tenor Available (INR Mn) 1 NHAI 8,690 <= 1 year 19 2 HSIIDC 400 <= 1 year 1 Total 9,090 20 OMT Projects/ Hybrid Annuity Projects
Slide 9: 3Q-FY17 Highlights
Header Goes Here 3Q-FY17 Highlights 9
Slide 10: 9M FY17 Financial Highlights
Header Goes Here 9M FY17 Financial Highlights • Revenues have declined at INR 12,975 Mn in 9M FY17 vis-à-vis INR 13,973 Mn in 9M FY16 due to a. Temporary suspension of toll collection and impact on traffic growth due to demonetization b. Completion and hand-over of major projects during the financia
Slide 11: Financial Overview
Header Goes Here FINANCIAL OVERVIEW 11
Slide 12: Quarterly P&L Statement
Header QuarterlyGoes Here P&L Statement In INR Mn Particulars Q3 FY17 Q3 FY16 YoY% Total Revenues from Operations 3,890 4,825 (19.4)% Other Income 177 188 (5.9)% Operating and Maintaining Expenses 597 671 (11.0)% Employee Expenses 175 216 (19.0)% Other Expenses 107 63 69.8% Depreciation & Amortizati
Slide 13: 9 Months P&L Statement
Header 9 MonthsGoes Here P&L Statement In INR Mn Particulars 9M FY17 9M FY16 YoY% Total Revenues from Operations 12,975 13.973 (7.1)% Other Income 568 558 1.8% Operating and Maintaining Expenses 2,254 1.818 24.0% Employee Expenses 554 548 1.1% Other Expenses 295 247 19.4% Depreciation & Amortization
Slide 14: Quarterly Results Highlights
Header QuarterlyGoes Here Results Highlights REVENUE FROM OPERATIONS (INR Mn) EBIT (INR Mn) & EBIT MARGIN 30.8% 32.3% 35.0% 5,000 1,500 4,000 25.0% 1,000 4,825 1,484 1,258 3,000 3,890 500 15.0% 2,000 0 5.0% Q3 FY16 Q3 FY17 Q3 FY16 Q3 FY17 PAT (INR Mn) & PAT MARGIN 20 0.2% 0.5% 0 9 0.0% Q3 FY16 Q3 FY
Slide 15: 9 Months Results Highlights
Header 9 MonthsGoes Here Results Highlights REVENUE FROM OPERATIONS (INR Mn) EBIT (INR Mn) & EBIT MARGIN 15,000 6,000 32.1% 35.0% 28.7% 5,000 14,000 25.0% 4,000 13,000 3,000 13,973 4,481 15.0% 3,718 12,000 12,975 2,000 11,000 1,000 5.0% 9M FY16 9M FY17 9M FY16 9M FY17 PAT (INR Mn) & PAT MARGIN 1,500
Slide 16: Revenue Analysis
Header RevenueGoes Here Analysis Quarterly Analysis Nine Month Analysis 6,000 16,000 13,973 12,975 5,000 4,825 3.4% 12,000 3,890 4,000 49.4% 48.7% 10.1% 47.4% 3,000 8,000 47.6% 14.5% 17.0% 11.1% 2,000 5.7% 4,000 1,000 36.8% 33.6% 38.1% 36.6% - - Q3 FY16 Q3 FY17 9M FY16 9M FY17 ST - Toll LT - Toll OM
Slide 17: Disclaimer
Header DisclaimerGoes Here MEP infrastructure Developers Ltd. 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 inf