Hfcl Limited · NSE:HFCL
Hfcl — Investor Presentation (June 2019)
22 slides from Hfcl's investor presentation, June 2019
Slide 1: Financial Overview
FINANCIAL OVERVIEW 23
Slide 2: Key Highlights – Consolidated Financials
Key Highlights – Consolidated Financials PAT up Completely EBITDA CAGR of from INR 1,237 Mn Transformed 46% from FY17 to in FY17 to on Growth INR 2,323 Mn FY19 Trajectory in FY19 Credit rating has EBITDA at significantly INR 4,582 Mn 37% CAGR improved from D in 2012 to A- with stable outlook Revenue
Slide 3: Performance Metrics
Performance Metrics Revenue (INR Mn) EBITDA (INR Mn) PAT (INR Mn) 4,582 47,848 3,902 4,750 3,508 3,076 32,730 2,683 3,239 27,709 29,072 2,143 21,717 22,243 1,678 2,323 1,563 1,237 1,717 7,261 462 564 3,045 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 -668 FY12 FY13
Slide 4: Debt Equity & Shareholders Return
Debt Equity & Shareholders Return Debt (INR Mn) Debt and Equity 0.60 22,112 14,417 0.44 12,116 0.42 0.50 0.40 10,446 13,051 9,206 0.41 7,584 0.34 5,903 5,903 0.20 4,5304,116 3,795 4,6374,5824,077 3,2063,174 4,637 4,582 4,083 3,174 - FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY15 FY16 FY
Slide 5: Consolidated Income Statement
Consolidated Income Statement PARTICULARS (INR Mn) FY17 FY18 FY19 Revenue from Operations 22,029 32,485 47,378 Other Income 214 264 470 Total Income 22,243 32,730 47,848 Total Expenses 20,100 29,654 43,266 EBITDA 2,143 3,076 4,582 EBITDA Margin 9.63% 9.40% 9.58% Depreciation 218 232 270 Finance Cost
Slide 6: Consolidated Balance Sheet
Consolidated Balance Sheet EQUITIES & LIABILITIES (INR Mn) FY17 FY18 FY19 ASSETS (INR Mn) FY17 FY18 FY19 (A) Share Capital 1,239 1,239 1,274 (A) Property plant & Equipment 1,582 1,657 2,022 (B) Other Equity 8,402 10,548 13,142 (B) Capital Work in Progress 17 17 640 (C) Goodwill 258 259 259 Non Contr
Slide 7: Standalone Income Statement
Standalone Income Statement PARTICULARS (INR Mn) FY17 FY18 FY19 Revenue from Operations 20,668 30,802 43,662 Other Income 186 183 480 Total Income 20,854 30,985 44,142 Total Expenses 18,860 28,159 40,281 EBITDA 1,994 2,826 3,861 EBITDA Margin 9.56% 9.12% 8.75% Depreciation 157 163 175 Finance Cost 5
Slide 8: Standalone Balance Sheet
Standalone Balance Sheet EQUITIES & LIABILITIES (INR Mn) FY17 FY18 FY19 ASSETS (INR Mn) FY17 FY18 FY19 (A) Share Capital 1,239 1,239 1,274 (A) Property plant & Equipment 1,068 1,074 1,076 (B) Other Equity 9,196 10,921 13,162 (B) Capital Work in Progress 14 14 622 (C) Other Intangible Assets 41 30 93
Slide 9: Strong Order Book of ~INR 11,350 Cr provides visibility
Strong Order Book of ~INR 11,350 Cr provides visibility Total Order book of ~INR 11,350 Cr Order Book To Revenue (INR Cr)* 11,350 # • Prestigious orders 8,700 spread across all business verticals- telecom, defence, 4,366 railways, OFC Turnkey & 3,000 3,080 manufacturing, Smart 2,067 Cities and priva
Slide 10: Industry Overview
SS INDUSTRY OVERVIEW 32
Slide 11: Telecom - Mature Eco-system Is Driving Pan India Growth
Telecom - Mature Eco-system Is Driving Pan India Growth Government Initiatives 4G, 5G, Fiberisation Encouraging investment in high-capacity 4G is the key driver behind increasing users’ 4G appetite towards data consumption. Aggressive 4G networks and accelerate public access to Internet 5G expansion
Slide 12: Industry Growth
Industry Growth Internet Subscribers (Mn) 3G/4G device base (Mn) 900 530 432 604 379 494 310 335 422 343 218 128 47 Mar-16 Mar-17 Mar-18 Dec-18 Dec -22 2015 2016 2017 2018 3G 4G Internet Traffic Per month (Exabyte) Internet Speed (Mbps) 31.2 15.5 9.5 2.1 5.1 6.6 0.9 1.2 2015 2016 2017 2022P 2015 201
Slide 13: Data Consumption To Leap Frog – Doubling YoY
Data Consumption To Leap Frog – Doubling YoY Data Usage Per Month, Pentabyte (Pb) Per Subs Data Usage / Price per GB (INR) 4,867 226.0 9.43 4,472 2,360 5.59 966 76.0 128 1,930 398 395 0.79 19.0 82 823 2.69 11.0 103 32 46 40 2015 0 2016 2017 2018 2015 2016 2017 2018 2G 3G 4G Total Data Usage per Mont
Slide 14: National Digital Communications Policy, 2018
National Digital Communications Policy, 2018 Target 2022 Connect India: By Creating a Robust Digital Communication Infrastructure 25 Mbps Fixed Broadband 50 Mbps • Provide Universal broadband connectivity at 50 Mbps to every citizen • Provide 1 Gbps connectivity to all Gram Panchayats of India by 20
Slide 15: Smart Cities & Surveillance
Smart Cities & Surveillance Role of ICT in Smart City • Ninety-nine cities have been selected under Smart Cities Intelligent and Project at an outlay of INR 2.04 lakh Cr efficient Cost and energy use of savings Planning resources • High speed Communication technology of ICT shall play a key role to
Slide 16: Defence
Defence • India is the largest importer of defence equipment in the world where the imports account for nearly 65% of the country’s military requirement. • India has spent USD 100 Bn in last one decade to buy 65 per cent of its defence equipment therefore, the government has set a goal to reverse th
Slide 17: Railways
Railways • India is one of the largest rail networks in the world and is expanding like never before with FY18 revenues at USD 27.71 Bn (CAGR of ~10% during FY07-FY18) • Legacy Signaling and Telecom Systems are integral parts of Railways and need an overhaul and upgradation to strengthen speed and s
Slide 18: Massive US$ 100 Bn+ Industry Opportunities
Massive US$ 100 Bn+ Industry Opportunities Fiberizing 70% of the towers FTTH shall play a Government Huge will require an estimated significant role in and Private Operators Infrastructure 600,000 fkm, at an broadband vision. Shall continue expenditure investment of INR 560 Bn Fixed broadband to ris
Slide 19: Value Proposition
Value Proposition Agile Portfolio of Products and Leadership Solutions Established leader in providing fully integrated solutions in building Agile portfolio of products and solutions backed by excellent Communication Networks for Telecom, Defence, Railways and other sectors manufacturing facilities
Slide 20: Capital Market Information
Capital Market Information Share Price Data – FY19 40% 30% 20% 10% 0% -10% -20% -30% -40% Apr-18 May-18 Jun-18 Jul-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 Mar-19 HFCL Sensex PRICE DATA (AS ON 31st March, 2019) Shareholding - (As on 31st March, 2019) Face value (INR) 1.00 Market Price (IN
Slide 21: Glossary
Glossary ADSS : All-Dielectric Self-Supporting ANPR : Automatic Number Plate Recognition ARP : Aramid Reinforcement Plastic CCTV : Closed Circuit Television CMS : Challan management System CPRI : Common Public radio Interface DWDM : Dense Wave Digital Multiplexing EBIDTA : Earing before Depreciation
Slide 22: Disclaimer
Disclaimer Himachal Futuristic Communications Limited 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 opinion