Kec International Ltd. · NSE:KEC
Kec International — Q1 FY23 Earnings Presentation
24 slides from Kec International's earnings presentation, Aug 4, 2022
Slide 1: Cover letter to stock exchanges: Press Release and Investor Presentation
KEC INTERNATIONAL LTD. RPG House 463, Dr. Annie Besant Road Worli, Mumbai 400030, India +91 22 66670200 [email protected] www.kecrpg.com August 03, 2022 National Stock Exchange of India Limited BSE Limited Exchange Plaza Phiroze Jeejeebhoy Towers Bandra Kurla Complex Dalal Street, Fort Bandra (Eas
Slide 2: Financial Performance for Quarter Ended 30 June 2022
KEC INTERNATIONAL LTD. RPG House 463, Dr. Annie Besant Road Worli, Mumbai 400030, India +91 22 66670200 [email protected] www.kecrpg.com FINANCIAL PERFORMANCE FOR QUARTER ENDED 30 JUNE 2022 KEC delivers Robust Revenue growth of 31% YoY Highest Ever Order Book + L1 of over Rs. 30,000 crore Mumbai,
Slide 3: About KEC International Limited
About KEC International Limited KEC International is a global infrastructure Engineering, Procurement and Construction (EPC) major. It has presence in the verticals of Power Transmission and Distribution, Railways, Civil, Urban Infrastructure, Solar, Smart Infrastructure, Oil & Gas Pipelines, and Ca
Slide 4: KEC International Limited – Q1 FY23
KEC International Limited Investor Presentation – Q1 FY23 0 3 A ugus t 2 0 2 2 Power T & D Railways Civil Cables Solar Smart Infra Oil & Gas Pipelines
Slide 5: Disclaimer
Disclaimer This presentation may include statements which may constitute forward-looking statements. All statements that address expectations or projections about the future, including, but not limited to, statements about the strategy for growth, business development, market position, expenditures,
Slide 6: Overview – RPG Group & KEC International
1 Overview – RPG Group & KEC International 400kV Transmission line project in UAE 3
Slide 7: RPG Group: Powered by Passion, Driven by Ethics
RPG Group: Powered by Passion, Driven by Ethics UNLEASHTALENT RPG Enterprises was founded in 1979. The group currently operates various businesses in Infrastructure, Technology, Life Sciences, Plantations and Tyre industries. The group has business TOUCHLIVES history dating back to 1820 AD in bankin
Slide 8: KEC International: Building Infrastructure for the World of Tomorrow
KEC International : Building Infrastructure for the World of Tomorrow Transmission Oil & Gas Railways Civil Cables Solar Smart Infra & Distribution Pipelines 7+ FOOTPRINT IN 110+ 290+ $1.8 8 9000+ 35+ DECADES BILLION ONGOING MANUFACTURING OF EXPERIENCE COUNTRIES FACILITIES EMPLOYEES NATIONALITIES &
Slide 9: Board of Directors
Board of Directors H. V. Goenka Chairman, Non Executive Director Vimal Kejriwal A. T. Vaswani D. G.Piramal G. L. Mirchandani M.S. Unnikrishnan Managing Director Non Executive Non Executive Non Executive Non Executive & CEO Independent Director Independent Director Independent Director Independent Di
Slide 10: Management Team
Management Team Vimal Kejriwal Managing Director & CEO Rajeev Agarwal Neeraj Nanda Anand Kulkarni Kaushal Kodesia Manjit Singh Sethi Chief Financial Officer President – South Executive Director – Executive Director – Executive Director – Asia (T&D, Solar & Business Operations Railways Cables Smart I
Slide 11: Key Performance Highlights
2 Key Performance Highlights Civil Industrial project in Madhya Pradesh 8
Slide 12: Performance Snapshot – Q1 FY23
Performance Snapshot – Q1 FY23 Order Order Revenue Intake Book • Consolidated Revenues of Rs. • YTD Order Intake of Rs. 3,472 Cr • Highest ever Order Book + L1 3,318 Cr – Robust growth of 31% • Led by Civil and T&D, followed Pipeline of over Rs. 30,000 Cr • Healthy growth in both T&D as by Railways,
Slide 13: Key Business Highlights – Q1 FY23
Key Business Highlights – Q1 FY23 T&D • Achieved Revenues of ~Rs. 1,650 Cr., strong growth of 17% YoY; robust execution across India and Overseas • Secured new orders of Rs. 1,200 Cr+ for T&D and cabling projects across India, Middle East and Americas including a prestigious order to build India’s f
Slide 14: Financial Performance
3 Financial Performance Railway third line project in West Bengal 11
Slide 15: Profit and Loss Summary
Profit and Loss Summary (₹ crore) Consolidated Standalone Particulars Growth Growth Q1 FY23 Q1 FY22 Q1 FY23 Q1 FY22 (Y-o-Y) (Y-o-Y) Revenues 3,318 2,540 31% 2,849 2,338 22% EBITDA 168 160 5% 234 225 4% EBITDA Margins 5.1% 6.3% 8.2% 9.6% (+) Other Income 8 2 8 3 (-) Depreciation 39 38 31 30 (-) Inter
Slide 16: Businesswise Revenue Performance (Consolidated)
Businesswise Revenue Performance (Consolidated) (₹ crore) Growth Business Verticals Q1 FY23 Q1 FY22 (Y-o-Y) T&D: 1,645 1,405 17% - T&D (KEC) 1,279 1,202 6% - SAE Towers 366 203 80% Non T&D: 1,819 1,248 46% - Railways 705 594 19% - Civil 598 301 99% - Oil & Gas Pipelines 92 0 NA - Smart Infra 5 20 -7
Slide 17: Borrowings & Working Capital (Consolidated)
Borrowings & Working Capital (Consolidated) Increase/ Increase/ (₹ crore) Particulars 30-Jun-22 30-Jun-21 (Decrease) 31-Mar-22 (Decrease) YoY QoQ I) Net Debt 3,418 2,533 885 2,613 805 II) Interest Bearing Acceptances 2,658 1,405 1,253 2,152 506 Total (I + II) 6,076 3,938 2,138 4,765 1,311 ❑ The debt
Slide 18: Order Intake & Order Book (Consolidated)
Order Intake & Order Book (Consolidated) Order Intake – YTD FY23 Order Book – 30 Jun’22 T&D : 29% SAE : 7% T&D: 41% SAE : 5% 3% 2% 3% 1% 13% 16% 12% Order Intake 36% Order Book 46% Rs 3,472 Crs Rs 23,720 Crs 32% 36% T&D Civil Railways Cables Oil & Gas T&D Civil Railways Cables Oil & Gas Smart Infra
Slide 19: Business Outlook – Exciting Times Ahead
Business Outlook – Exciting Times Ahead TAILWINDS HEADWINDS • Softening of commodity prices such as Steel, Aluminium and • Increase in interest rates Copper • Elevated logistics costs • Capex resurgence • Geopolitical instability o Government’s thrust on Infrastructure continues • Fears of recession
Slide 20: Environmental, Social and Governance (ESG)
4 Environmental, Social and Governance (ESG) Solar rooftop at Jaipur plant 17
Slide 21: ESG & Sustainability Goals and Status
ESG & Sustainability Goals and Status Happiness Diversity & Occupational Corporate Social Quotient Inclusion Heath & Safety Responsibility Target: Increase Happiness Target: Increase in diversity by Target: Work towards the Target: Reach 2 lac CSR Quotient to 85% by FY26 25% by FY26 goal of achievin
Slide 22: Key Environmental Initiatives
Key Environmental Initiatives Circularity Water Positive Approach Decarbonisation • Reduction in Acid Neutralisation sludge by • Complete recycling of trade effluents and • Installation of solar rooftop plants at installation of an acid recovery plant domestic wastewater through ETPs and Butibori an
Slide 23: Key Social Initiatives
Key Social Initiatives Happiness Quotient Diversity & Inclusion ▪ Action planning workshops across the organisation to ▪ Deployed women employees on shop increase Happiness Quotient floors at manufacturing facilities, international and domestic project sites ▪ Employee Wellness Sessions by Medical F
Slide 24: Thank You
THANK YOU Global Footprint in 100 countries* *Includes EPC and Supply Follow us on: Registered Office RPG House, 463, Dr. Annie Besant Road, Worli, Mumbai - 400 030. Phone: +91-22-6667 0200 Email: [email protected] www.kecrpg.com