Slide 1: Investor Presentation Financial Results: Q3FY23 & 9MFY23
Investor Presentation Financial Results: Q3FY23 & 9MFY23 9th February, 2023
Slide 2: Safe Harbor
Safe Harbor This presentation report is for distribution purpose only under such circumstances as may be permitted by applicable law. This presentation is for information purposes only without regard to specific objectives, financial situations or needs of any particular persons and does not constit
Slide 3: Content
Content • Round-up of Q3 & 9MFY23 4 • Financial Performance 6 • Segmental Performance 11 • Employee Productivity 18 • Order Book 20 RITES | Financial Statements www.rites.com 3
Slide 4: Round-Up Q3FY23 & 9MFY23
Round-Up Q3FY23 & 9IMFY23
Slide 5: Key Highlights
Key Highlights 1 9MFY23 Consolidated Revenue & Profits up by 3.4% & 9% ₹703 cr. 2 3rd Interim dividend of ₹6 per share ₹684 cr. Q3FY23 3 Order book stands at ₹5513 crore as on 31st December 2022 ₹637 cr. Q2FY23 4 Secured EPC work for Bangalore Metro Depot Q1FY23 5 Gold Award (Infra & Construction ca
Slide 6: Financial Performance Q3FY23 & 9MFY23
Financial Performance Q3FY23 & 9MFY23
Slide 7: Performance During Q3FY23
Performance During Q3FY23 ₹ in Crore +3% +3% Q3 Vs Q2 FY23 +3% +2% Less exports scheduled during the quarter led to decrease in revenue Consultancy, turnkey and REMC has continued showing growth during the quarter Revenue continue to grow sequentially 7
Slide 8: Profits for Q3FY23
Profits for Q3FY23 ₹ in Crore Profit margins remained range bound as high margin consultancy balanced for low margin turnkey segment Profit decrease on account of fall in exports revenue by ~75% *EBITDA = PBT + Interest + Depreciation + Amortization – Other Income 8
Slide 9: Performance During 9MFY23
Performance During 9MFY23 ₹ in Crore All segments except exports led to growth during Nine months Despite decrease of ₹463 crore in exports revenue, growth in Consultancy, Leasing, Turnkey and REMC has ensured growth in revenues 9
Slide 10: Profits for 9MFY23
Profits for 9MFY23 ₹ in Crore Increase in profits on account of increase in consultancy and turnkey despite significant fall in exports Profit margins remained range bound as high margin consultancy balanced for low margin turnkey segment *EBITDA = PBT + Interest + Depreciation + Amortization – Othe
Slide 11: Segmental Performance Q3FY23 & 9MFY23
Segmental Performance Q3FY23 & 9MFY23
Slide 12: Segmental Mix 9MFY23
Segmental Mix 9MFY23 ₹ in Crore Consultancy remained the highest revenue and profit earning segment Steadily increasing share of Foreign consultancy from 10% in 9MFY22 to 12% in 9MFY23 12
Slide 13: Segmental Revenue - Q3FY23 (Standalone)
Segmental Revenue - Q3FY23 (Standalone) ₹ in Crore Trend Revenue Revenue Consultancy 16.9% 286 Consultancy 244 Lease 9.7% 35 Lease 32 Q3FY23 Q3FY22 Export -74.6% 93 Export 368 Turnkey 115% 236 Turnkey 110 Other Income 58.3% 25 Other Income 16 Consultancy, lease, turnkey has shown growth on account o
Slide 14: Segmental Profits - Q3FY23 (Standalone)
Segmental Profits - Q3FY23 (Standalone) ₹ in Crore Trend Margins Profits Profits Margins Consultancy 34.8% 130 Consultancy 97 45.5% 39.6% Lease -4.7% 12 Lease 12 Q3FY22 Q3FY23 32.8% 37.8% Export -70.7% 25 Export 86 27.0% 23.4% Turnkey 236 times 12 Turnkey 0.1 5.0% 0% Margin remained range bound in a
Slide 15: Segmental Revenue – 9M FY23 (Standalone)
Segmental Revenue – 9M FY23 (Standalone) ₹ in Crore Trend Revenue Revenue Consultancy 20.6% 849 Consultancy 704 Lease 7.7% 105 Lease 97 Q3FY23 Q3FY22 Export -64.7% 252 Export 716 Turnkey 108% 655 Turnkey 314 Other Income 34.4% 88 Other Income 65 Higher execution led to growth in consultancy, turnkey
Slide 16: Segmental Profits – 9MFY23 (Standalone)
Segmental Profits – 9MFY23 (Standalone) ₹ in Crore Trend Margins Profits Profits Margins Consultancy 31.1% 380 Consultancy 290 44.8% 41.2% Lease 0.8% 38 Lease 38 Q3FY22 Q3FY23 36.6% 39.1% Export -64.6% 64 Export 180 25.2% 25.1% Turnkey 583% 28 Turnkey 4 4.2% 1.3% Margins remained range bound over th
Slide 17: REMC Ltd Performance-Q3 & 9M FY23
REMC Ltd Performance-Q3 & 9M FY23 ₹ in Crore Growth on account of Healthy performance on account of energy management activities in 9MFY23 Seasonal impact on wind power generation Healthy growth in profit with sustained profit margins *EBITDA = PBT + Interest + Depreciation + Amortization – Other In
Slide 18: Employee Productivity
Employee Productivity
Slide 19: Employee Productivity
Employee Productivity ₹ in Crore Continuous rationalization of manpower to improve productivity Senior Management with an avg. experience of 30+ years Experts in Engineering, Science, Finance, Economics etc. with a mix of regular, deputationists and contract employees Approx 1,400 regular skilled en
Slide 20: Order Book
Order Book
Slide 21: Order Book
Order Book Order Book (as on 31.12.2022) ₹ 5,513 Crore Consultancy Exports Lease Turnkey REMC Ltd ₹ 2,545 Crore ₹ 111 Crore ₹ 180 Crore ₹ 2,577 Crore ₹ 100 Crore * REMCL’s orders book is annualised based on the last quarter’s procurement contracts and wind power generation ** PMC work for complete p
Slide 22: Major Projects Secured – Q3FY23
Major Projects Secured – Q3FY23 ₹ in Crore RITES secured more than 65 projects/contracts including extensions of more than ₹1220 crore during Q3FY23. Expected Project Scope Amount Client Completion Year Turnkey PMC for IIT Delhi (Under EPC Mode) 683 IIT Delhi 2025 Metro depot - Chellaghatta – Reach
Slide 23: Transforming to GREEN
Transforming to GREEN Future Ready~ Not just more of the same; but much more of the New! Get in touch : info@rites.com Stay Updated : f ¥ @ in ®) RITES Limited Ugea fates Corporate Office: Shikhar, 1, Sector-29, Gurugram-122 001 Tel: (0124)-2571666 E-mail: info@rites.com Website: www.rites.com.
Slide 24: Thank You
Thank You