H.g. Infra Engineering Ltd. · NSE:HGINFRA
H.g. Infra Engineering — Q1 FY21 Earnings Presentation
24 slides from H.g. Infra Engineering's earnings presentation, Aug 17, 2020
Slide 1: Cover letter to BSE and NSE
GIN No.: L45201 RJ2003PLC018049 August 17, 2020 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra Kurla Complex, Bandra (East), Mumbai- 400 00 I Mumbai- 400 051 Scrip Code- 541019 Scrip Symbol- HGTNFRA Dear Sir/Madam, S
Slide 2: Investor Presentation Q1 FY21
H.G. Infra Engineering Ltd. Investor Presentation Q1 FY21 H.G. Infra Engineering Ltd.
Slide 3: Agenda
Agenda 1 Q1FY21 Financial Highlights 2 Q1FY21 Operational Highlights 3 A Steady Transformation 4 Growth Strategy 5 Historical Financials H.G. Infra Engineering Ltd. 2
Slide 4: Q1 FY21 Financial Highlights
Q1 FY21 Financial Highlights H.G. Infra Manoharpur Engineering Ltd. Dausa
Slide 5: Standalone profit & loss statement
Standalone profit & loss statement Quarter (Rs mn) Q1FY21 Q1FY20 YoY Revenue from operations 2,979 5,261 -43% Cost of material consumed 1,407 2,275 Contract and site expenses 817 1,856 Employee expenses 223 289 Other expenses 41 46 Total Operating expenses 2,488 4,466 EBITDA 491 795 -38% EBITDA marg
Slide 6: Consolidated profit & loss statement
Consolidated profit & loss statement Quarter (Rs mn) Q1FY21 Q1FY20 YoY Revenue from operations 3,119 5,321 -41% Cost of material consumed 1,407 2,275 Contract and site expenses 821 1,856 Employee expenses 226 291 Other expenses 55 55 Total Operating expenses 2,509 4,476 EBITDA 610 845 -28% EBITDA ma
Slide 7: Debt breakup
Debt breakup Consolidated Debt Breakup Standalone Debt Breakup 11% 30% 51% 38% 70% Standalone Debt Project Debt Term Loan Working Capital Promoters Loan Rs mn) Jun-20 (Rs mn) Jun-20 Standalone debt 3,809 Term loan + current maturities* 1,935 Working Capital 1,443 Project debt 1,645 Promoters loan 43
Slide 8: Q1 FY21 Operational Highlights
Q1 FY21 Operational Highlights Uncha H.G. NaglaInfra Engineering Ltd.
Slide 9: Robust & well diversified order book
Robust & well diversified order book Unexecuted Value Project Awarding Authority (Rs mn) Client wise break-up: Private Optimum mix of Delhi Vadodara Pkg-9 NHAI 11,635 31% Govt. prime contracts and Hapur Morradabad MRM 9,441 69% select private projects Mancherial - Repallewa Adani 8,981 Delhi Vadodar
Slide 10: HAM project details
HAM project details Completion Grant Total Invested Debt as on Awarding Kms BPC Status as on Project State Amount Debt Equity 30th Jun ’20 authority Lanes (Rs. mn) 30th Jun ’20 (Rs. mn) (Rs. mn) (Rs. mn) (Rs. Mn) (%) Gurgaon-Sohna (Rajiv NHAI Haryana 12.7 6,060 2,424 2,879 524.5 1,499.5 58% chowk) R
Slide 11: A Steady Transformation
A Steady Transformation H.G. Infra Manoharpur Engineering Ltd. Dausa
Slide 12: What we were…
What we were… An upcoming subcontractor with presence majorly in Rajasthan Experience in 2 states Revenue Rs 3,317mn 50%+ Revenue from Employees 600+ sub-contracting Gross Block Avg. ticket size Rs 500mn Rs 1,489mn EPC pre-qualification Order Book Rs 2,500mn Rs 10,677mn All financials are for FY15 H
Slide 13: What we are…
What we are… A leading road infra developer with pan India presence Experience in 8 states Revenue Rs 21,961mn ~25% Revenue from Employees 2,300+ sub-contracting Gross Block Avg. ticket size Rs 1,800mn Rs 6,898mn EPC pre-qualification Order Book Rs 20,000mn Rs 68,314mn (As on June 30th, 2020) All fi
Slide 14: While maintaining these along the way…
While maintaining these along the way… Discipline in selecting orders, focusing on Balance Sheet & delivering consistent financial performance EBITDA Margin Return on Capital Employed 14.9% 15.1% 15.6% 32% 32% 28% FY18 FY19 FY20 FY18 FY19 FY20 Working Capital Cycle Debt to Equity Debtor Days Invento
Slide 15: Growth Strategy
Growth Strategy H.G. Infra Engineering Ltd. Bhilwara-Gulabpura
Slide 16: Growth Strategy
Growth Strategy Well placed to tap opportunities in Look at opportunities beyond road core road sector in other infra sectors ✓ Continued focus on EPC projects with ✓ De-risk business by expanding in following selective HAM projects – HAM to sectors: constitute up to 25% of order book • Railways: pr
Slide 17: Historical Financial Highlights
Historical Financial Highlights H.G. Infra Manoharpur Engineering Ltd. Dausa
Slide 18: Financial Performance
Financial Performance Revenue EBITDA PAT 1,657 21,961 3,424 20,098 3,032 1,236 13,927 2,081 842 FY18 FY19 FY20 FY18 FY19 FY20 FY18 FY19 FY20 EBITDA Margin PAT Margin EPS 7.5% 14.9% 15.1% 15.6% 25.43 6.1% 6.1% 18.96 15.39 FY18 FY19 FY20 FY18 FY19 FY20 FY18 FY19 FY20 H.G. Infra Engineering Ltd. 17
Slide 19: Standalone profit & loss statement
Standalone profit & loss statement Historical (Rs mn) FY20 FY19 FY18 Revenue from operations 21,961 20,098 13,927 Cost of material consumed 8,926 8,919 5,462 Contract and site expenses 8,137 6,665 5,475 Employee expenses 1,114 1,191 761 Other expenses 360 291 148 Total Operating expenses 18,538 17,0
Slide 20: Standalone balance sheet
Standalone balance sheet Rs mn Mar’20 Mar’19 Rs mn Mar’20 Mar’19 Share Capital 652 652 Fixed Assets incl. CWIP 4,870 4,586 Reserves 7,564 5,940 Other Financial Assets 1,138 349 Shareholders' Funds 8,216 6,592 Other Non Current Assets 207 207 Secured Loans 640 593 Total Non-Current Assets 6,215 5,142
Slide 21: Consolidated profit & loss statement
Consolidated profit & loss statement Historical (Rs mn) FY20 FY19 FY18 Revenue from operations 22,171 20,145 13,927 Cost of material consumed 8,926 8,919 5,462 Contract and site expenses 8,158 6,666 5,475 Employee expenses 1,123 1,194 761 Other expenses 408 320 148 Total Operating expenses 18,615 17
Slide 22: Consolidated balance sheet
Consolidated balance sheet Rs mn Mar’20 Mar’19 Rs mn Mar’20 Mar’19 Share Capital 652 652 Fixed Assets incl. CWIP 4,872 4,588 Reserves 7,611 5,978 Other Financial Assets 1,150 178 Shareholders' Funds 8,263 6,630 Other Non Current Assets 255 207 Secured Loans 2,130 593 Total Non-Current Assets 6,277 4
Slide 23: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by HG Infra Engineering Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any s
Slide 24: Thank You
Thank You HG Infra Engineering Ltd Rajeev Mishra Rajeev.mishra@hginfra.com III Floor, Sheel Mohar Plaza, A-1, Tilak Marg, C-Scheme, Jaipur - 302001 Pareto Capital (Investor Relations) Pooja Dokania pooja.dokania@paretocapital.in Rishav Das rishav.das@paretocapital.in 210, B Wing, Kanakia Wall Street
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