Ircon International Ltd. · NSE:IRCON
Ircon International — Q1 FY2024 Earnings Presentation
23 slides from Ircon International's earnings presentation, Aug 8, 2023
Slide 1: Intimation of Investor Presentation Q1FY24 to stock exchanges
इरकॉन इं टरनेशनल िलिमटे ड (भारत सरकार का उप म) IRCON INTERNATIONAL LIMITED (A Govt. of India Undertaking) An integrated Engineering and Construction Company IRCON/SECY/STEX/124 8th August, 2023 BSE Limited National Stock Exchange of India Limited Listing Dept./ Dept. of Corporate Services Listing De
Slide 2: Ircon International Limited Analyst Presentation Q1FY24
Ircon International Limited Analyst Presentation Q1FY24 8th August 2023
Slide 3: Safe Harbour
SAFE HARBOUR 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
Slide 4: Contents
Contents 01 Functional Directors 02 Key Financial Highlights (Consolidated) 03 Key Financial Highlights (Standalone) 04 Group Financial Performance 05 Standalone Financial Performance 06 Order Book 3
Slide 5: Functional Directors
Bl Dera Be mt : manenoneneeers
Slide 6: Functional Directors
Functional Directors Shri Brijesh Kumar Gupta Chairman & Managing Director (Additional Charge) • Holds BE in Civil Engineering from Jiwaji University, Gwalior and PG degree in applied mechanics from IIT, Delhi. • Belongs to IRSE and is Additional Member (Civil Engg.), Railway Board. • Has experience
Slide 7: Key Financial Highlights (Consolidated)
02 Key Financial Highlights (Consolidated) 6
Slide 8: Consolidated Financial Highlights - Q1FY24 (Y-o-Y) Revenue
SAFE HARBOUR Consolidated Financial Highlights - Q1FY24 (Y-o-Y) Revenue 3000 2828 2717 2500 • Achieved highest ever turnover in 1st 2002 2068 2000 quarter in Q1FY24. 1500 • Operating Revenue grew by 35.7% in 1000 Q1FY24. 500 • Total Revenue increased by 36.7% in Q1FY24. 0 Q1FY23 Q1FY24 Operating Rev
Slide 9: Consolidated Financial Highlights - Q1FY24 (Y-o-Y) Profit
SAFE HARBOUR Consolidated Financial Highlights - Q1FY24 (Y-o-Y) Profit 350 315 300 • Profit after Tax grew by 29.6% in 238 250 Q1FY24. 200 187 • EBITDA increased by 32.4% in 145 150 Q1FY24. 100 • EBITDA margin stood at 11.15% in 50 Q1FY24. 0 Q1FY23 Q1FY24 PAT EBITDA EBITDA = PBT + Finance Cost + Dep
Slide 10: Consolidated Financial Highlights - Q1FY24 (Q-o-Q)
SAFE HARBOUR Consolidated Financial Highlights - Q1FY24 (Q-o-Q) Revenue Profit 4500 400 370 3954 4000 3781 350 315 3500 300 3000 2828 256 2717 250 2500 200 187 2000 150 1500 100 1000 500 50 0 0 Q4FY23 Q1FY24 Q4FY23 Q1FY24 Operating Revenue Total Revenue PAT EBITDA EBITDA = PBT + Finance Cost + Depre
Slide 11: Key Financial Highlights (Standalone)
03 Key Financial Highlights (Standalone) 10
Slide 12: Standalone Financial Highlights - Q1FY24 (Y-o-Y) Revenue
SAFE HARBOUR Standalone Financial Highlights - Q1FY24 (Y-o-Y) Revenue 2693 • Achieved highest ever turnover in 1st Q1FY24 2626 quarter in Q1FY24. • Operating Revenue grew by 38.4% in Q1FY24. 1957 Q1FY23 • Total Revenue increased by 37.6% in 1897 Q1FY24. 0 500 1000 1500 2000 2500 3000 Total Revenue O
Slide 13: Standalone Financial Highlights - Q1FY24 (Y-o-Y) Profit
SAFE HARBOUR Standalone Financial Highlights - Q1FY24 (Y-o-Y) Profit 238 • Profit after Tax grew by 31.3% in Q1FY24 162 Q1FY24. • EBITDA increased by 42.4% in Q1FY24. 167 Q1FY23 123 • EBITDA margin stood at 8.85% in Q1FY24. 0 50 100 150 200 250 300 EBITDA PAT EBITDA = PBT + Finance Cost + Depreciati
Slide 14: Standalone Financial Highlights - Q1FY24 (Q-o-Q)
SAFE HARBOUR Standalone Financial Highlights - Q1FY24 (Q-o-Q) Revenue Profit 2693 238 Q1FY24 Q1FY24 2626 162 3774 303 Q4FY23 Q4FY23 3670 248 0 1000 2000 3000 4000 0 50 100 150 200 250 300 350 Total Revenue Operating Revenue EBITDA PAT EBITDA = PBT + Finance Cost + Depreciation & Amortisation EBITDA
Slide 15: Group Financial Performance
04 Group Financial Performance 14
Slide 16: Income Statement (Consolidated – Q1FY24)
Income Statement (Consolidated – Q1FY24) Particulars Q1-FY24 Q4-FY23 Q-o-Q (%) Q1-FY23 Y-o-Y (%) Operating Revenue 2717.15 3780.66 (28.13%) 2001.91 35.73% Total Expenses (Excl. Depreciation & 2508.36 3597.51 (30.28%) 1842.80 36.12% Finance Cost) Core EBITDA 204.38 196.61 3.95% 171.76 18.99% Core EBI
Slide 17: Income Statement (Consolidated – Annual)
Income Statement (Consolidated – Annual) Particulars FY23 FY22 Y-o-Y (%) Operating Revenue 10367.93 7379.67 40.5% Total Expenses (Excl. Depreciation & Finance Cost) 9664.79 6800.11 42.1% Core EBITDA 734.58 639.50 14.9% Core EBITDA Margins (%) 7.09% 8.67% (158 bps) Depreciation 107.46 95.17 12.9% Fin
Slide 18: Standalone Financial Performance
05 Standalone Financial Performance 17
Slide 19: Income Statement (Standalone – Q1FY24)
Income Statement (Standalone – Q1FY24) Particulars Q1-FY24 Q4-FY23 Q-o-Q (%) Q1-FY23 Y-o-Y (%) Operating Revenue 2625.64 3669.93 (28.46%) 1897.20 38.40% Total Expenses (Excl. Depreciation & 2454.87 3470.52 (29.27%) 1789.60 37.17% Finance Cost) Core EBITDA 170.77 199.41 (14.36%) 107.6 58.71% Core EBI
Slide 20: Income Statement (Standalone – Annual)
Income Statement (Standalone – Annual) Particulars FY23 FY22 Y-o-Y (%) Operating Revenue 9921.20 6910.15 43.6% Total Expenses (Excl. Depreciation & Finance Cost) 9337.91 6540.08 42.8% Core EBITDA 583.29 370.07 57.60 Core EBITDA Margins (%) 5.88% 5.36% 52 bps Depreciation 37.73 27.49 37.3% Finance Co
Slide 21: Order Book
06 Order Book 20
Slide 22: Order Book (as on 30.06.2023)
Order Book (as on 30.06.2023) Segment Geography Mode of Award 6906 1967 (6.0%) 2837 (8.7%) VENUS 30% (21.3%) 14614 MARS 60% (45.0%) 17872 (55.0%) 23613 (72.7%) 29649 MERCURY (91.3%) Railways Highways Others Domestic International Bidding Nomination • Strong Order Book of Rs.32,486 crore as on 30.06.
Slide 23: Thank You
Thank You For Further Information: Shri B. Mugunthan Shri Sachin Garg Chief Financial Officer DGM/Finance/IR Ircon International Ltd. Ircon International Ltd. Tel: 011-26530459 011-26545368 E-mail: mugunthan@ircon.org sachin.garg@ircon.org 22
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