Slide 1: Cover letter to stock exchanges
CAPACIT'E INFRAPROJECTS LIMITED Ref: CIL/STEx 30/Q2FY24 Date: November L4,2023 To The Secretary, The Seoetary, BSE Limited National Stock Exchange of lndia Limited Corporate relation DePt, Plot No. clL, G Block, P.J. Towers, Bandra Kurla ComPlex Dalal Street, Fort, Bandra (East) Mumbai-400 001 Mumba
Slide 2: Q2 & H1FY24 Investor Presentation
Capacit'e Infraprojects Limited Q2 & H1FY24 Investor Presentation
Slide 3: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Capacit'e Infraprojects 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 s
Slide 4: Key Highlights
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Slide 5: Q2 & H1 FY24 – Key Financial Highlights
Q2 & H1 FY24 – Key Financial Highlights Revenue EBIT PAT Cash PAT EBIT stood at ₹ PAT stood at ₹ Q2 FY24 CASH PAT stood Revenue from 49.7 Crs 19.9 Crs at ₹ 44.2 Crs operations stood EBIT margin PAT margin Cash PAT margin at ₹ 421.6 Crs stood at 11.4% stood at 4.5% stood at 10.1% H1 FY24 EBIT stood a
Slide 6: Q2 & H1FY24 – Consolidated Profit & Loss
Q2 & H1FY24 – Consolidated Profit & Loss Particulars (₹ In Crs) Q2FY24 Q2FY23 Y-o-Y Q1FY24 H1 FY24 H1 FY23 Y-o-Y FY23 Revenue from Operations 421.6 431.4 -2% 430.5 852.1 908.4 -6% 1,798.6 Other Income 15.0 3.2 4.8 19.8 5.1 9.5 Total Income 436.6 434.6 0% 435.2 871.8 913.6 -5% 1,808.1 Cost of Materia
Slide 7: H1FY24 – Consolidated Balance Sheet
H1FY24 – Consolidated Balance Sheet As at As at As at As at Particulars (₹ in Cr) Particulars (₹ in Cr) Sep 30, 2023 Mar 31, 2023 Sep 30, 2023 Mar 31, 2022 ASSETS EQUITY AND LIABILITIES Non-Current Assets Equity Property, plant and equipment 617 648 Equity Share Capital 74 68 Capital work-in-progres
Slide 8: H1FY24 – Consolidated Cash Flow
H1FY24 – Consolidated Cash Flow Particulars (₹ In Cr) H1 FY24 H1 FY23 PBT 54 68 Adjustments 121 141 Operating profit before working capital changes 175 208 Changes in working capital (230) (218) Cash generated from operations (55) (9) Direct taxes paid (net of refund) 12 (10) Net Cash from Operating
Slide 9: Q2 & H1 FY24 – Performance
Q2 & H1 FY24 – Performance (2)% (6)% (11)% (14)% Quarter (6)% (9)% (23)% (32)% Half Year Revenue (₹ Cr) EBIT (₹ Cr) PAT (₹ Cr) CASH PAT (₹ Cr) 8
Slide 10: Consolidated Debt Profile
Consolidated Debt Profile Long Term (₹ Cr) Short Term (₹ Cr) Gross Debt (₹ Cr) Debt Equity Ratio (8) • Gross debt equity ratio within comfort level at 0.30x as on Sep 30, 2023 as compared to 0.34x as on March 31, 2023 • Gross debt includes Promoter debt amounting to ₹ 25.7 crores, which may be consi
Slide 11: Working Capital
Working Capital Debtor (₹ Cr) Creditor (₹ Cr) Working Capital (₹ Cr) • Working capital cycle (excluding retention) stood at 152 days in September 2023 as compared to 120 days in June 2023. The reduction in working capital cycle will start reflecting from H2 FY24. • We expect substantial reduction in
Slide 12: Healthy Order Book
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Slide 13: Order Book Overview
Order Book Overview 10,484 9,513 10,233 8,720 8,702 Order Backlog (₹ Cr) FY20 FY21 FY22 FY23 H1 FY24 6,001 ₹ 10,233 Cr 3,462 as on Order Inflow 148 616 1,725 Sep 30, 23 (₹ Cr) FY20 FY21 FY22 FY23 H1 FY24 9.9 6.7 6.5 6.0 5.3 Order Book to Sales Ratio FY20 FY21 FY22 FY23 H1 FY24 12
Slide 14: Order Book Analysis
Order Book Analysis ❖ Order book with higher share of Public sector at 01 02 03 ~63% ❖ Marquee Public as well Private Sector clients ❖ Order inflow for H1 FY24 Private v/s Public Project Split Category Split includes repeat orders from Godrej & Raymond. Revenue Uptick 10% ❖ Well funded projects 22%
Slide 15: Business Model
Business Model
Slide 16: Developed service portfolio by capturing the Complexities
Developed service portfolio by capturing the Complexities … 3 2016 Onwards 1 2012 Onwards High Rise + Super High Rise + Gated Communities + Commercial Offices + Multi Level Car Parks Hotels Gated Communities Trusted Partner in Building Construction 2014 Onwards Industry 2018 Onwards Gated Communitie
Slide 17: Strategic Priorities
Strategic Priorities ‘THINK CONSTRUCTION, THINK CAPACIT'E’ Marquee Clientele Account Groups Design & Build Lean Balance Sheet Cash Flows Work with Large and Deepen the culture of Design & Build Most sustainable Strong Cash Flow Liquid public & private account driven projects, attracting companies ha
Slide 18: Hybrid Service Portfolio = Private + Public
Hybrid Service Portfolio = Private + Public Elite clientele from Private & Public sector provides revenue & cash flow visibility Efficiency 01 04 Opportunity Benefit from the Large Central Schemes of the Government aimed towards Better Enhances the multi fold construction Hospitals, Public Housing,
Slide 19: Orderbook Size
Hybrid Service Portfolio = Private + Public FY18 FY19 FY20 FY21 FY22 FY23 13% Sector wise Split 13% 30% 100% 40% 41% 60% 59% 70% 87% 87% Public Private Public Order Public Order Public Order Public Order Public Order Orderbook Size Book Book Book Book Book ₹ 5,440 Crs Private Order ₹ 915 Crs ₹ 5,713
Slide 20: Poised for Growth
Poised for Growth 1 2 Execution Working Capital Management Re-gained pace of execution and On an improving trend and expect going forward aim to improve it further improvement in coming further. quarters Stringent Cost Control Quality of Cash Flows Implemented stringent cost control Majority of Orde
Slide 21: Our Creations
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Slide 22: Our Creations
Our Creations Lodha – The Park Piramal - Mahalaxmi 21
Slide 23: Our Creations
Our Creations Lodha – Altamount SBUT Nahar Excalibur 22
Slide 24: Our Creations
Our Creations Four Seasons Auris Serenity Oberoi Enigma 23
Slide 25: Our Creations
Our Creations Raymond Thane Godrej - Emerald 24
Slide 26: Our Creations
Our Creations Siemens - Worli Oberoi Sky City Hubtown – 25 South 25
Slide 27: Strong Financial to support Growth
Strong Financial to support Growth
Slide 28: Standalone Profit & Loss Statement
Standalone Profit & Loss Statement Particulars (₹ In Crs) FY23 FY22 FY21 FY20 FY19 Revenue from Operations 1,791 1,340 880 1,529 1,788 Other Income 9 13 29 25 37 Total Income 1,800 1,353 909 1,554 1,825 Cost of Material Consumed 1206 931 602 1064 1320 (Incl. Construction Expenses) Employee Expenses
Slide 29: Standalone Balance Sheet
Standalone Balance Sheet ASSETS (₹ In Crs) Mar'23 Mar'22 Mar’21 Mar’20 Mar’19 EQUITY & LIABILITIES (₹ In Crs) Mar'23 Mar'22 Mar’21 Mar’20 Mar’19 NON-CURRENT ASSETS 884 932 1,006 942 726 EQUITY 1,074 966 918 926 843 Property, plant & equipment 643 679 651 646 539 Equity Share capital 68 68 68 68 68 C
Slide 30: Standalone Cash Flow
Standalone Cash Flow Particulars (₹ In Cr) FY 23 FY 22 FY 21 PBT 135 66 5 Adjustments 272 185 163 Operating profit before working capital changes 407 251 168 Changes in working capital (302) (191) (83) Cash generated from operations 105 60 86 Direct taxes paid (net of refund) (17) (25) (10) Net Cash
Slide 31: Thank You
Capacit'e Infraprojects Ltd. Mr. Alok Mehrotra (ED - Finance) ir@capacite.in www.capacite.in THANK YOU Marathon Capital Advisory Pvt. Ltd Mr. Amit Porwal / Mr. Rahul Porwal amit@marathoncapital.in / rahul@marathoncapital.in +91 9819773905 / +91 9967576900 www.marathoncapital.in