Gpt Infraprojects Limited · NSE:GPTINFRA
Gpt Infraprojects — Q1 FY21 Earnings Presentation
29 slides from Gpt Infraprojects's earnings presentation, August 2020
Slide 1: GPT Infraprojects Limited Investor Presentation August 2020
GPT Infraprojects Limited Investor Presentation | August 2020
Slide 2: Executive Summary
Executive Summary 2 End-To-End Solution Growth Visibility Track record of executing Healthy Order Book of End-to-end Turnkey Projects creating a ~Rs 16.4Execution bn, forming 2.6x niche for itself FY20 revenue Fiscal Discipline Bridge Building Expertise Railway Focused Indian Railways: Seeing Struct
Slide 3: Q1FY21 Performance
Q1FY21 Performance 3
Slide 4: Operating under Covid-19
Operating under Covid-19 4 The focus has been on a calibrated resumption of business activity with paramount attention to employee safety, capital preservation, liquidity management, cost rationalisation & management and preparing for the “new normal” Infrastructure Segment Concrete Sleeper Segment
Slide 5: Profit & Loss Highlights (Consolidated)
Profit & Loss Highlights (Consolidated) 5 Consolidated (Rs mn) Q1FY21 Q1FY20 y-o-y % Q4FY20 q-o-q % FY20 FY19 y-o-y % Revenue 809 1,416 1,873 6,180 5,776 Other income 29 10 3 47 144 Net Sales 838 1,426 -41.2% 1,876 -55.3 6,227 5,920 5.2% Operating expenses 660 1,202 1,715 5,389 5,143 EBITDA 178 223
Slide 6: Segment-wise Break-up of Revenue
Segment-wise Break-up of Revenue 6 Revenue break-up : Q1FY21 Revenue break-up: FY20 Concrete Sleeper Concrete Sleeper 16% 23% Net Revenue of Net Revenue of Rs 809 mn Rs 6,179 mn Infrastructure 77% Infrastructure 84% 6
Slide 7: Healthy Order Book of ~Rs 16.4 bn
Healthy Order Book of ~Rs 16.4 bn, ~2.6 of FY20 Revenue 7 Key projects under execution during the current fiscal Contract Value Scope of Work Client (Rs mn) Road-bed, Viaduct, Bridges, RUBs, ROBs, Track lining, and Electrical works for Rail-cum-Road bridge in Ghazipur RVNL 3,622 Supply of Monoblock
Slide 8: Company at a Glance
Company at a Glance 8
Slide 9: GPT Infra | A Railway Focused Infrastructure Company
GPT Infra | A Railway Focused Infrastructure Company… 9 A Premier Infrastructure Company engaged in Civil Construction and Concrete Sleeper manufacturing for Railways With ~40 years of experience, GPT has developed Strong Project Execution Capabilities across the Value Chain Healthy Financials (FY20
Slide 10: Presence in two Business Segments
…Having Presence in two Business Segments: 10 Infrastructure Concrete Sleeper Commenced in the year 2004 Commenced in the year 1982 Bridge construction and Industrial Infrastructure Monoblock and Pre-Stressed Concrete Sleepers Order-book of Rs 13.12 bn (FY20) Order-book of Rs 1.96 bn (FY20) 10
Slide 11: Infrastructure | A Renowned Player for Integrated Solutions
1. Infrastructure | A Renowned Player for Integrated Solutions… 11 o Involved in civil engineering projects like construction of Roads, Bridges, Irrigation and Railway Systems, Urban-Transit and Industrial infrastructure o One of the only 3-4 companies which have constructed mega bridges for the Ind
Slide 12: Across Various Infrastructure Segments
...Across Various Infrastructure Segments... 12 Steel Girder Bridges ROBs / RUBs Railway Tracks Railway Tracks Transportation / Industrial Challenge Challenge Unconventional structure over electrified tracks on busy routes Massive volumes of steel fabrication & launching work for 4.6 km long bridge
Slide 13: Demonstrated Engineering Skills in Turnkey Projects
...Demonstrated Engineering Skills in Turnkey Projects 13 Barddhaman Cable-Stayed ROB Rail-cum-Road Ganga Bridge in Patna Boler Bazar Road Bridge (Completed ahead of schedule) (Longest Steel Bridge in India) (Construction of ‘Floating Caissons’) Challenge Challenge Challenge Unconventional structure
Slide 14: Concrete Sleeper | Among the Pioneers in India
2. Concrete Sleeper | Among the Pioneers in India… 14 o One of the first few companies in India to commence manufacturing of Concrete Design of Track Sleepers, in 1982 Superstructure o Currently, the total manufacturing capacity is ~20,00,000 units across India and Africa Manufacture Transfer Concre
Slide 15: Strong Track Record of Execution Capabilities
…With a Strong Track Record of Execution Capabilities 15 Timely Execution Vast Track record Track record of timely More15 Over than mn15MnSleepers delivery within sleepers delivered delivered till over thetill Targeted Costs date past ~40 years Plant set-up in Record Time 6 to 9 months Time taken to
Slide 16: Some of the Key Awards and Accolades
Some of the Key Awards and Accolades 16 01 03 05 03 Awarded as the Awarded the ‘Emerging Awarded ‘Certificate ‘Best Infrastructure India’ award in the of Excellence’ in Brand, 2016’ by The Infrastructure category Safety & Quality by Economic Times by ICICI Bank, in 2010 RVNL in 2016 02 04 06 Awarded
Slide 17: Growth Opportunities
Growth Opportunities 17
Slide 18: Indian Railways – Greater Thrust on Development
Indian Railways – Greater Thrust on Development in recent years… 18 Quantum of Leap in Expenditure Safety: Striving for ‘Zero Accident’ North-East Connectivity ✓ All Unmanned Level Crossings (UMLCs) Highest ever capex at Rs 1,610 bn for FY21 ✓ Entire network converted to Broad Gauge eliminated on th
Slide 19: Significant Opportunity for GPT Infra
…Offers Significant Opportunity for GPT Infra… 19 Ongoing Eastern and Western DFCs (2,822 km) - ~11mn sleepers opportunity DFCC: Concrete Sleepers 3 new freight corridors (5,769 km rail tracks) - ~20 mn sleepers opportunity Setu Bharatam - Total cost of Rs 208 bn to construct of 208 ROBs/RUBs Bridge
Slide 20: Structural Reforms in the Indian Railways
…Along with Structural Reforms in the Indian Railways… 20 Empowering workforce for Ease of Doing Business Procurement Policies Talent Development Better Governance Empowerment down to Zonal Delegated GMs to approve divisions for tenders and E-reverse Auction for tenders > works fully National Rail &
Slide 21: Healthy Order Book Position
GPT Infra – Healthy Order Book Position… 21 GPT - Significant improvement in average Order Intake (Rs mn)… …thereby strengthening the Order Book position 96% 20,730 18,510 18,360 The average order size Muted ordering 5234 16,500 increased from activity in FY20 15,080 ~Rs 400 mn in impacted order 200
Slide 22: Well Placed to Capture the Growth
…Well Placed to Capture the Growth… 22 Revenue (Rs mn) growth reflective of Timely Execution… …While keeping disciplined bidding: Hurdle of 13% EBITDA margin 6,227 5,920 17% 15% 15% 16% 13% 14% 5,371 5,124 5,154 852 839 777 768 778 3,971 663 FY15 FY16 FY17 FY18* FY19 FY20 FY15 FY16 FY17 FY18 FY19# F
Slide 23: Led by an Experienced Team at the Helm
…Led by an Experienced Team at the Helm… 23 Dwarika Prasad Tantia Shree Gopal Tantia Atul Tantia Vaibhav Tantia Chairman Managing Director Executive Director & CFO Director & COO • With an experience of • 35 years experience in • Graduated Magna Cum • Graduated Summa Cum over 45 years, he leads infr
Slide 24: Independent Board of Directors
…Independent Board of Directors 24 Prasad Khandelwal Shankar Jyoti Deb Mamta Binani Sunil Patwari Independent Director Independent Director Independent Director Independent Director • Is a fellow member and • Holds a Bachelor’s • A fellow member and • Holds PGDM degree holds certificate of degree in
Slide 25: Financial Performance
Financial Performance 25
Slide 26: Historical Profit & Loss
Historical Profit & Loss 26 Consolidated (Rs mn) FY18 FY19 FY20 EBITDA margin drop in FY19 Revenue 5,207 5,776 6,180 & FY20 due to one-time Other income 164 144 47 provision in expenses and impact of forex translation Net Sales 5,371 5,920 6,227 Operating expenses 4,519 5,142 5,388 COVID-19 led to n
Slide 27: Historical Balance Sheet
Historical Balance Sheet 27 Liabilities (Rs Mn) Mar’18 Mar’19 Mar’20 Assets (Rs Mn) Mar’18 Mar’19 Mar’20 Share Capital 291 291 291 Fixed Assets incl. CWIP 1,476 1,290 1,151 Reserves 1,823 1,836 1,941 Shareholders' Funds 2,114 2,126 2,232 Investment in JV 292 273 264 Minority Interest 51 48 20 Other
Slide 28: Safe Harbour
Safe Harbour 28 • This presentation and the accompanying slides (the “Presentation”), which have been prepared by GPT Infraprojects Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for a
Slide 29: GPT Infraprojects Limited Contact
GPT Infraprojects Limited( BSE CODE : 533761 / NSE CODE : GPTINFRA) Atul Tantia [email protected] Stellar IR Advisors Pvt. Ltd. (Investor Relations) Gaurang Vasani Pooja Sharma [email protected] sh [email protected] GPT Infraprojects Limited CIN: L20103WB1980PLC032872 GPT Centre, J