Slide 1: Exchange filing cover letter
No. RITES/SECY/NSE Date: October 31, 2023 To To Listing Department, Corporate Relationship Department National Stock Exchange of India Limited BSE Limited, Rotunda Building, ‘Exchange Plaza', C-1, Block G, Bandra - P J Towers, Dalal Street, Fort, Kurla Complex, Bandra (E), Mumbai – 400 001 Mumbai -
Slide 2: Investor Presentation Financial Results: Q2FY24
Investor Presentation Financial Results: Q2FY24 31st October, 2023
Slide 3: 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 4: Content
Content Round-up of Q2FY24 4 Financial Performance 6 Segmental Performance 11 Employee Productivity 18 Order Book 20 RITES | Financial Statements 3
Slide 5: Round-Up Q2FY24
Round-Up Q2FY24 www.rites.com 4
Slide 6: Q2FY24 at a Glance
Q2FY24 at a Glance 4. 3. 2. Emerged L1 for exports of rolling stock to Mozambique 1. & Bangladesh - Order book : ₹5529cr - Secured 70+ orders worth ₹329 cr 2nd Interim dividend of ₹4.50 per share Q2FY24 Select Deliveries - Anuppur- Pendra road 3rd railway line - MGR System connecting Talaipalli ₹601
Slide 7: Financial Performance Q2FY24
Financial Performance Q2FY24 @RITESLIMITED 6
Slide 8: Performance During Q2FY24
Performance During Q2FY24 ₹ in Crore Decline in revenue is largely attributed to a fall in export earnings and decrease in Quality Assurance revenue Consultancy revenue has shown growth over both the corresponding and sequential quarter 7
Slide 9: Profits for Q2FY24
Profits for Q2FY24 ₹ in Crore Decline in profits can be attributed to decrease in revenue mainly from exports & QA Profit margins moderated due to change in mix of revenue with exports being almost nil and higher turnkey revenue *EBITDA = PBT + Interest + Depreciation + Amortization – Other Income 8
Slide 10: Performance During H1FY24
Performance During H1FY24 ₹ in Crore Decline in revenue on account of exports & Quality Assurance Business revenue 9
Slide 11: Profits for H1FY24
Profits for H1FY24 ₹ in Crore Fall in profits mainly attributable to fall in revenue and change in segmental mix Profit margins remained range bound *EBITDA = PBT + Interest + Depreciation + Amortization – Other Income 10
Slide 12: Segmental Performance Q2FY24
Segmental Performance Q2FY24 RITES Ltd. 11
Slide 13: Segmental Revenue – Q2FY24 (Standalone)
Segmental Revenue – Q2FY24 (Standalone) ₹ in Crore Trend Revenue Revenue Consultancy 5.3% 294 Consultancy 279 Lease -11.8% 31 Lease 36 Q2 FY24 Q2 FY23 Export -99.1% 1 Export 79 Turnkey -6.3% 224 Turnkey 239 Other Income 64.6% 51 Other Income 31 Higher execution in project consultancy led to increase
Slide 14: Segmental Profits – Q2FY24 (Standalone)
Segmental Profits – Q2FY24 (Standalone) ₹ in Crore Trend Margins Profits Profits Margins Consultancy -3.4% 118 Consultancy 122 40.1% 43.7% Lease -1.9% 13 Lease 13 Q2FY23 Q2FY24 40.4% 36.3% Export - -2 Export 18 - 22.8% Turnkey -74.6% 2.2 Turnkey 8.6 1.0% 3.6% Margins remained range bound in consulta
Slide 15: Segmental Revenue – H1FY24 (Standalone)
Segmental Revenue – H1FY24 (Standalone) ₹ in Crore Trend Revenue Revenue Consultancy 0.2% 564 Consultancy 563 Lease -10.2% 62 Lease 69 H1 FY24 H1 FY23 Export -75.4% 39 Export 159 Turnkey -7.4% 338 Turnkey 419 Other Income 10.3% 69 Other Income 63 Consultancy revenue maintained despite decrease in qu
Slide 16: Segmental Profits – H1FY24 (Standalone)
Segmental Profits – H1FY24 (Standalone) ₹ in Crore Trend Margins Profits Profits Margins Consultancy -5.2% 237 Consultancy 250 42.1% 44.5% Lease -9.9% 24 Lease 27 H1FY23 H1FY24 38.7% 38.6% Export -94.8% 2 Export 38 5.1% 24.1% Turnkey -60.7% 6 Turnkey 16 1.6% 3.7% Margins remained range bound in cons
Slide 17: REMC Ltd Performance
REMC Ltd Performance ₹ in Crore Q2FY24 H1FY24 Highest ever Half year revenue by REMC Ltd Growth on account of increased in energy management activities *EBITDA = PBT + Interest + Depreciation + Amortization – Other Income 16
Slide 18: Segmental Mix H1FY24
Segmental Mix H1FY24 ₹ in Crore Consultancy Consultancy remained the highest revenue generating stream Foreign consultancy pie moderated due to certain projects not attaining its revenue stage 17
Slide 19: Employee Productivity
Employee Productivity @ritesltdindia 18
Slide 20: Employee Productivity
Employee Productivity ₹ in Crore Awarded “Dream Company to Work for – 2022” 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 1,600+ regular skilled engineers/ professionals No.
Slide 21: Order Book
Order Book @RITESLtd 20
Slide 22: Order Book
Order Book Order Book Order Book Split Projects Secured Spilt as on 30.09.2023 as on 30.09.2023 (New & extensions) (During Q2FY24) Consultancy ₹ 260 Crore Exports ₹ 59 Crore Consultancy ₹ 2,640 Crore Projects secured Order Book during Q2FY24 Turnkey (as on 30.09.2023) ₹ 329 Crore ₹ 18 Crore ₹ 5,529
Slide 23: Major Projects Secured – Q2FY24
Major Projects Secured – Q2FY24 ₹ in Crore Secured more than 70 projects/contracts including extensions during the quarter Expected Project Scope Amount Client Completion Year Extension of Western Dedicated Freight Corridor work 58.9 DFCCL 2024 PMC for Ropeways in Ranchi 16.6 Govt. of Jharkhand 2027
Slide 24: 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.