J. Kumar Infraprojects Limited · NSE:JKIL
J. Kumar Infraprojects — Q3 FY22 Earnings Presentation
35 slides from J. Kumar Infraprojects's earnings presentation, Feb 8, 2022
Slide 1: Cover letter to stock exchanges
J. KUMAR INFRAPROJECTS LIMITED Regd. Off: Unit no 16-A, Andheri Industrial Estate, Veera Desai Road, Andheri (West), Mumbai: - 400 053 Corp. Off: J. Kumar House, CTS No. 448, 448/1, 449, Subhash Road, Vile Parle (East), Mumbai - 400 057, Maharashtra. Phone: +91 22 67743555, Fax: +91 22 26730814, Ema
Slide 2: Q3 & 9M FY22 Result Update
J. Kumar Infraprojects Ltd. We dream… So we achieve… Q3 & 9M FY22 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: Contents
BUSINESS UPDATE & OUTLOOK 4 KEY FINANCIAL HIGHLIGHTS 5 CORPORATE OVERVIEW 14 MANAGEMENT 26 STRATEGIC PRIORITIES 29 HISTORICAL FINANCIAL 32
Slide 5: Business Update & Outlook
BUSINESS UPDATE & OUTLOOK Financial & Operational Performance • Revenue up by 18% in Q3FY22 & 53% in 9MFY22 despite operational constraints in the wake of 01 Covid 19 second /third wave. • Robust execution capabilities reflected in strong growth in revenue. • On the trajectory of higher growth Balan
Slide 6: Key Financial Highlights
KEY FINANCIAL HIGHLIGHTS 01 02 03 4 Total Income EBITDA PAT Cash PAT Q3FY22 ₹ 9,657 million +18% ₹ 1,386 million +20% ₹ 587 million +31% ₹ 955 million +18% 14.3% 6.1% 9.9% 9MFY22 ₹ 24,127 million ₹ 3,454 million ₹ 1,319 million ₹ 2,410 million +75% +53% +67% +323% 14.3% 5.5% 10.0% 5
Slide 7: Performance Highlights Q3 FY22
PERFORMANCE HIGHLIGHTS Q3 FY22 Revenue ₹ Mn EBIDTA ₹ Mn PAT ₹ Mn CASH PAT ₹ Mn 14.1% 14.3% 9.9% 9.9% 5.5% 6.1% 9,657 1,386 587 955 1,155 8,162 810 449 Q3 FY21 Q3 FY22 Q3 FY21 Q3 FY22 Q3 FY21 Q3 FY22 Q3 FY21 Q3 FY22 6
Slide 8: Performance Highlights 9M FY22
PERFORMANCE HIGHLIGHTS 9M FY22 Revenue ₹ Mn EBIDTA ₹ Mn PAT ₹ Mn CASH PAT ₹ Mn 13.1% 14.3% 8.7% 10.0% 2.0% 5.5% 24,127 3,454 1,319 2,410 15,789 2,070 1,377 312 9M FY21 9M FY22 9M FY21 9M FY22 9M FY21 9M FY22 9M FY21 9M FY22 7
Slide 9: Financial Q3 FY22 & 9M FY22
FINANCIAL Q3 FY22 & 9M FY22 Particulars (₹ In Mn) Q3 FY22 Q3 FY21 Y-O-Y Q2 FY22 9M FY22 9M FY21 Y-O-Y FY21 Revenue from Operations 9,657 8,162 18% 7,720 24,127 15,789 53% 25,708 Cost of Material Consumed 6,258 5,125 4,799 15,307 9,554 16,121 Employee Expenses 703 658 703 2,082 1,514 2,312 Other Expe
Slide 10: Revenue Breakup Q3 FY22
REVENUE BREAKUP Q3 FY22 Segment Wise Break-up (%) Sub-segment wise Break-up (%) Geographical Break-up (%) Client wise Break-up (%) 9
Slide 11: Revenue Breakup 9M FY22
REVENUE BREAKUP 9M FY22 Segment Wise Break-up (%) Sub-segment wise Break-up (%) Geographical Break-up (%) Client wise Break-up (%) 10
Slide 12: Order Book Breakup as on December 31, 2021
ORDER BOOK BREAKUP AS ON DECEMBER 31, 2021 Segment Wise Break-up (%) Sub-segment wise Break-up (%) Geographical Break-up (%) Client wise Break-up (%) 11
Slide 13: Order Book Position as on December 31, 2021
ORDER BOOK POSITION AS ON DECEMBER 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 16,535 SEWRI WORLI ELEVATED CONNECTOR Flyover MMRDA 9,768 MUMBAI METRO
Slide 14: Reducing Debt Level
REDUCING DEBT LEVEL Long Term Debt (Incl. Short Term Debt Gross Debt Current Maturities) (₹ In Mn) (₹ In Mn) (₹ In Mn) -431 -112 -543 • Company achieved a 53% Y-o-Y increase in 9 months turnover despite Covid related disruptions and labour shortages • Reduced debt level despite Covid related disrupt
Slide 15: 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 gross debt equity Incorporated in the year 1999 under ratio of 0.24 as on Dec 31, 2021 compared to 0.28 as on the visionary leadership of Mr. Mar 31, 20
Slide 16: 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 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 Cost Economies Sound Prestigious Sustainable Focussed Financials Clientele positive In House Management operating cash Consistently Rich Experience Capabilities Large & flows and stable Experienced delivering diversified margin profile Proven Management growth in Ownership of order book
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 • Chartered Accountant with over 32 years • Served as CMD of Bank of India and Allahabad experience in finance, banking and Bank. management. • Served on board of several companies focused on sof
Slide 29: Our Core Team
OUR CORE TEAM Praveen Kumar Bhandari 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 Rajendra Kum
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. Praveen Kumar Bhandari (Chief Financial Officer) Dr. Rahul Porwal Ph: +91-22-67743555 Tel : +91-22-40030610 / + 91 9967576900 Email: praveen.bhandari
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