Nila Infrastructures Limited · NSE:NILAINFRA
Nila Infrastructures — Investor Presentation (August 2019)
39 slides from Nila Infrastructures's investor presentation, Aug 31, 2019
Slide 1: Exchange filing cover letter
NILA INFRASTRUCTURES LIMITED NilajCs/2019 /271 Date: August 31, 2019 To, To, The General Manager The Manager Department of Corporate Services Listing Department BSE Limited National Stock Exchange of India Ltd. Phirozee Jeejeebhoy Tower, Exchange Plaza, Bandra Kurla Compelx, Dalal Street, Fort, Mumb
Slide 2: Nila Infrastructures Limited Investor Presentation August 2019
NILA INFRASTRUCTURES LIMITED INVESTOR PRESENTATION | AUGUST 2019
Slide 3: 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 2,765.1 Mn as
Slide 4: Company Overview
COMPANY OVERVIEW
Slide 5: Company Overview – Nila Infrastructures Ltd.
Company Overview – Nila Infrastructures Ltd. Operational Revenue (INR Mn) and EBITDA margin* 17% 18% • A flagship unit of the Ahmedabad based Sambhaav Group, Nila 14% 15% Infrastructures Limited is one of Gujarat’s leading companies engaged in turnkey civic urban infrastructure development. • The Co
Slide 6: Key Milestones
Key Milestones 2014 - 2019 • AMC awarded contract for Affordable Housing under Mukhya Mantri 2010 - 2013 Avas Yojana, Multi Level Parking, SRA • Launched 3 major 2006 - 2009 housing schemes - • Rajasthan Government, • First Urban Anvayaa, Anaahata VUDA award projects Development Project: and Atuulya
Slide 7: Key Differentiators
Key Differentiators Project Diversity Execution Proficiency • Affordable Housing Projects, Slum • The company has delivered 4,911 units Rehabilitation Projects, Multilevel under the Affordable Housing Scheme. Parking, Medical College Campus, BRTS • Established track record in satisfactorily Stations
Slide 8: Awards & Accolades
Awards & Accolades Awarded the Redevelopment project of the year at the Realty+ awards 2019 for Giridharnagar Slum 7
Slide 9: Awards & Accolades
Awards & Accolades Listed in the 10 most Admired companies in Gujarat 2019 8
Slide 10: Board of Directors
Board of Directors Mr. Manoj Vadodaria – CMD Mr. Kiran Vadodaria – Director • 40+ years of experience, knowledge, and insight in the • B.E. (Mechanical) from L.D. Engineering College, currently the construction industry; transformed Nila from a city-based realtor Chairman and Managing Director of Sa
Slide 11: Key Management Personnel
Key Management Personnel Deep Vadodaria - Chief Operating Officer • An original thinker with an immense reasoning power. With a problem-solving attitude, he addresses complex issues in his own Jignesh Patel – President (Project Mgmt. & Strategies) distinctive manner with excellent operational and pr
Slide 12: Business Mix
BUSINESS MIX
Slide 13: Area of Operations
Area of Operations EPC PPP • Affordable Housing • Slum Rehabilitation and Redevelopment • Civic Urban infrastructure • Development of Bus Ports • Private White Label Construction The company generally operates Total Order-book break up The company pays for the cost of on fixed price contracts, and c
Slide 14: Projects and Geographic diversity
Projects and Geographic diversity JODHPUR 2,288 units NAVIYANI 5 Lakh sq. Ft. BARMER 100 MBBS/annum BHILWADA SITAPUR MODASA Medical Campus 848 units 2,906 beds 18 Bus Bays employee dormitory 6,618 units 720 Media Utility Ahmedabad UDAIPUR 1,100 capacity RAJKOT 1,152 units 104 BRTS 100 Media Stations
Slide 15: Clientele
Clientele Ahmedabad Municipal Applewoods Estate Engineering Projects Venus Infra Ahmedabad Urban Corporation Pvt Ltd India Ltd (a Mini Ratna) Development Authority Adani Ports and Special Economic Zones Limited Vadodara Urban Adani Group Gujarat State Road Rajasthan Avas Vikas & Vyapti Group Develop
Slide 16: Infrastructure – Affordable Housing
INFRASTRUCTURE – AFFORDABLE HOUSING
Slide 17: Affordable Housing – Overview
Affordable Housing – Overview • The company was one of the first to venture into the Affordable Revenue from Affordable Housing (INR Mn) 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 18: Order Book for Affordable Housing at 30-June-2019
Order Book for Affordable Housing at 30-June-2019 Total units Business Govt / Total Value Balance Name of the Project Location to be Project Status Completed Model Private (INR Mn) (INR Mn) constructed Total Order-book break up Vadaj SRA – Vivyan EPC Ahmedabad PVT 1,540 To be initiated 1,316.7 - 1,3
Slide 19: Completed Projects under Affordable Housing
Completed Projects under Affordable Housing Adani Pratham LIG 6 Girdharnagar • Employer - Adani Infrastructures • Employer – AMC. • Employer – AMC. and Developers Pvt. Ltd. • Units – 608 LIG flats + 40 shops • Units – 609 flats + 21 shops • Units – 800 flats. + 8 offices. EWS Package 1 & 4 Sewasi &
Slide 20: Industry Overview for Affordable Housing
Industry Overview for Affordable Housing • The Government targets to build 20 Mn urban and 30 Mn rural houses by 2022. • Since May 2017, the Gujarat Real Estate Regulatory Authority (GRERA) has approved a total of 4,691 real estate projects with an investment potential of Rs 1.42 lakh crore. while 1
Slide 21: Civic Urban Infrastructure
CIVIC URBAN INFRASTRUCTURE
Slide 22: 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 23: Order book for Civic Urban Infrastructure at 30-June-2019
Order book for Civic Urban Infrastructure at 30-June-2019 Govt / Total Value Balance Name of the Project Location Project Status Completed Private (INR Mn) (INR Mn) Total Order-book break up Modasa Bus Port CF - Affordable Modasa GOVT WIP 780.0 13% 680.4 Vyapnila Housing 59% Inspire phase II- Adani
Slide 24: BRTS – A Success Story
BRTS – A Success Story BRTS Bus Stations Built By NILA (104 of 144) – Ahmedabad BRTS – A Success Story • Prime Contractor for Global Award Winning BRTS (Bus Rapid Transit System) project of AMC. 72% BRTS stations awarded to NILA (104 out of 144). • Total value ~ INR 630 Mn. 23
Slide 25: Industry Overview for Civic Urban Infra
Industry Overview for Civic Urban Infra • USD 950 Bn financing in the next 20 years to effectively build and run the urban cities by providing civic amenities, employment opportunities, and creating social infrastructure. • 28,360 MOUs signed, the maximum number of 21,889 were connected to the Micro
Slide 26: White Label Construction
WHITE LABEL CONSTRUCTION
Slide 27: White Label Construction
White Label Construction • Under White Label Construction, the company undertakes construction projects on an EPC/LSTK basis for reputed private developers. USP • 800 Affordable Housing units’ Residential complex project for Adani group. • Office building project for Adani Ports and Special Economic
Slide 28: Industrial and Logistics Parks
INDUSTRIAL AND LOGISTICS PARKS
Slide 29: 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 30: 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 31: Way Forward – Infrastructure
Way Forward – Infrastructure • Affordable Housing has been granted “Infrastructure” status, serving as a stimulus to the segment. • Central Government has targeted the construction of 10 Mn houses per annum with demand growing at 6- 7 Mn per year due to population growth and nuclearisation of famili
Slide 32: Historical Financial Highlights
HISTORICAL FINANCIAL HIGHLIGHTS
Slide 33: Income Statement – Standalone (IND-AS)
Income Statement – Standalone (IND-AS) Particulars (INR Mn) FY2018 FY2019 Q1-FY20 Income from Operations 2,143 2,258 527 Operating Expenses 1,763 1,878 447 EBITDA 380 380 80 EBITDA Margin (%) 17.73% 16.83% 15.18% Finance Cost 111 130 40 Depreciation 17 19 4 Other Income 73 83 22 Profit Before Tax 32
Slide 34: Balance Sheet – Standalone (IND-AS)
Balance Sheet – Standalone (IND-AS) EQUITIES & LIABILITIES (INR Mn) FY2018 FY2019 ASSETS (INR Mn) FY2018 FY2019 Shareholder Funds 1,078 1,250 Non Current Assets 1,058 1,103 (A) Equity Share Capital 394 394 (A) Property, Plant and Equipment 90 73 (B) Other Equity 684 856 (B) Investment Properties 250
Slide 35: Income Statement – Consolidated (IND-AS)
Income Statement – Consolidated (IND-AS) Income Statement (INR Mn) FY2018 FY2019 Q1-FY20 Income from Operations 2,022 2,138 509 Total Expenses 1,665 1,779 430 EBITDA 357 359 79 EBITDA Margin 17.66% 16.79% 15.52% Finance Cost 111 130 40 Depreciation 17 19 4 Other Income 55 60 17 Share in profit of jo
Slide 36: Balance Sheet – Consolidated (IND-AS)
Balance Sheet – Consolidated (IND-AS) EQUITIES & LIABILITIES (INR Mn) FY2018 FY2019 ASSETS (INR Mn) FY2018 FY2019 Shareholder Funds 1,033 1,184 Non Current Assets 988 972 (A) Equity Share Capital 394 394 (A) Property, Plant and Equipment 90 73 (B) Other Equity 639 790 (B) Investment Properties 250 2
Slide 37: 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% 9.4% 16.8% 2,022 2,138 0.80 0.92 200 200 FY2018 FY2019 FY2018 FY2019 FY2018 FY2019 Interest Coverage Ratio Current Ratio 3.06 2.61 1.73 2.19 FY2018 FY20
Slide 38: Capital Market Information
Capital Market Information Price Data as on 30th June, 2019 Shareholding Pattern as on 30th June, 2019 CMP 7.02 No. of Shares (Mn) 393.8 M.Cap (INR Mn) 2,765.1 FII 5.67% Promoters Free Float (%) 38.1% 61.90% DII Free Float (Mn) 1,053.5 1.86% 52 week H/L 14.8/5.8 Avg Total Vol. ('000) 619.2 Avg Net T
Slide 39: 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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