Bharat Road Network Ltd. · NSE:BRNL
Bharat Road Network — Q1 FY19 Earnings Presentation
21 slides from Bharat Road Network's earnings presentation, Mar 1, 2023
Slide 1: Bharat Road Network Limited Result Presentation Q1 FY19
Bharat Road Network Limited Result Presentation | Q1 FY19
Slide 2: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by Bharat Road Network Limited (the “Company”) solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shal
Slide 3: Q1 FY19 Financial Performance (Standalone)
Q1 FY19 Financial Performance (Standalone) BRNL Total Income EBITDA SPV Toll Revenue (Rs. Mn) (Rs. Mn) (Rs. Mn) 172.1 192.0 1,600 1,462 37.9 15.6 Q1FY18 Q1FY19 Q1FY18 Q1FY19 Q1FY18 Q1FY19 COST OPTIMIZATION– REFINANCING AND REPRISING RESULTING IN QUARTERLY SAVINGS OF ~ 280 MN FINANCIAL EFFICIENCI
Slide 4: Agenda
Agenda 01 BRNL – Company Overview 02 Financial Performance & Quarter Highlights 03 Project Portfolio 4
Slide 5: BRNL - Pure Play on Road Developer
BRNL - Pure Play on Road Developer India’s leading holistic infrastructure Promoted by SREI institution with AUM of ~ INR 470 Bn Existing Portfolio of 6 BOT projects having 6 BOT projects 17.5 years balance Concession period Spread across Uttar Pradesh, Kerala, Haryana, Diversified portfolio Madhya
Slide 6: Diversified Project Portfolio
Diversified Project Portfolio 6 PROJECTS OF INR 68 bn AGGREGATING TO TOTAL 2,095 LANE KM BRNL Partners Existing BOT Projects Project Cost BRNL stake State NH/SH Lane (Km) Investment Investment# (As on June’18) (Rs. Mn) (%) (Rs. Mn) (Rs. Mn) Shree Jagannath Expressways (SJEPL) Odisha NH-5 401 18,711
Slide 7: Financial Performance & Quarter Highlights
Financial Performance & Quarter Highlights 7
Slide 8: Operating Assets Performance - SPV at 100%
Operating Assets Performance- SPV at100% Rs. Mn Q1 FY19 Q1 FY18 FY18 Particulars GAEPL GIPL KEPL MTPL SJEPL TOTAL GAEPL GIPL KEPL MTPL SJEPL TOTAL GAEPL GIPL KEPL MTPL SJEPL TOTAL Total Revenue 585 361 256 82 438 1,722 548 336 279 63 364 1,590 2,177 1,444 1,090 272 2,071 7,054 Toll Revenue 522 354 2
Slide 9: Operating Assets Performance - SPV Proportionate
Operating Assets Performance -SPV Proportionate Rs. Mn Q1 FY19 Q1 FY18 FY18 Particulars GAEPL GIPL KEPL MTPL SJEPL GAEPL GIPL KEPL MTPL SJEPL GAEPL GIPL KEPL MTPL SJEPL TOTAL TOTAL TOTAL 39% 100%# 49% 48% 40% 39% 49% 49% 48% 40% 39% 100%# 49% 48% 40% Total Revenue 3786 228 361 126 39 175 929 214 165
Slide 10: Toll Collection Trend
Toll collection Trend Rs. Mn Project SJEPL - Shree Jagannath Expressways Pvt. Limited GAEPL - Ghaziabad Aligarh Expressways Pvt. Limited YoY FY16 FY17 FY18 FY19 YoY Growth Period FY16 FY17 FY18 FY19 Growth 9% 25 344 478 522 Q1 203 230 356 393 10% 306 330 444 - - Q2 197 226 344 - - 336 366 * 512 - -
Slide 11: Q1FY19 & FY18 Result Highlights (Standalone)
Q1FY19 & FY18 Result Highlights (Standalone) Rs. Mn Particulars Q1 FY19 Q1 FY18 YoY Q4 FY18 QoQ FY18 FY17 YoY Revenue from operations 17.5 35.8 (51)% 126.9 (86%) 333.3 142.8 133% Other Income* 174.5 2.1 116.6 308.4 24.5 Total Income 192.0 37.9 406% 243.5 (21%) 641.7 167.3 284% Operating Expenses 19.
Slide 12: Profitability Trend (Consolidated)
Profitability Trend (Consolidated) Rs. Mn FY18 FY17 FY16 FY15 Particulars As per IND AS As per IGAAP Total Income from Operations 1,532.1 14,15.2 7.5 84.3 Other Income 975.1 12.6 35.0 0.0 REVENUE 2,507.2 1,427.8 42.5 84.3 Operating Expenses 1,090.4 1,148.1 36.6 93.3 EBITDA 1,416.8 279.7 5.9 (9.0) EB
Slide 13: Project Portfolio
Project Portfolio 13
Slide 14: Project Snapshot
Project Snapshot … Asset details SJEPL GAEPL GIPL KEPL MTPL STPL State Odisha U.P. Kerala Haryana M.P Maharashtra NH/SH no. NH-5 NH-91 NH-47 NH-71 SH-27 NH-9 Asset details BRNL stake 40.00% 39.00% 100% $ 49.00% 48.00% 99.02% Simplex -34%; PNC -35%; Varaha -13.26% Other shareholders group N.A JMC and
Slide 15: SJEPL - Shree Jagannath Expressways Pvt. Limited
SJEPL - Shree Jagannath Expressways Pvt. Limited #1 : 6 Laning of Chandikhole Bhubaneswar Section of NH-5 Link for Map view Project Snapshot Located on the NH-5 between Chandikhol and Bhubaneswar End point of the project a major intersection, NH-200 & NH-5A cross NH-5 NH-200 connects Daiteri m
Slide 16: GAEPL - Ghaziabad Aligarh Expressways Pvt. Ltd.
GAEPL - Ghaziabad Aligarh Expressways Pvt. Ltd. Link for Map view #2 : 4/6 Laning of Ghaziabad-Aligarh Section of NH – 91 Project Snapshot Located on the NH-91, connects Ghaziabad to Aligarh in UP Ghaziabad is hub of engineering, electronics, and leather and textile goods Aligarh is an importa
Slide 17: GIPL - Guruvayoor Infrastructure Pvt. Ltd.
GIPL - Guruvayoor Infrastructure Pvt. Ltd. #3 : 4 Laning of Thrissur – Angamali, NH47 Link for Map view Project Snapshot GIPL Project Road is a part of NH-47 which originates at Kanyakumari and ends at Salem Connects Kochi, Thrissur and Coimbatore; runs in proximity to Cochin Refinery & Cochin P
Slide 18: KEPL - Kurukshetra Expressway Private limited
KEPL - Kurukshetra Expressway Private limited #4 : 4 Laning of Rohtak-Bawal section of NH-71 Link for Map view Project Snapshot Part of NH-71, starts atJalandhar & ends NH-8 near Bawal; connects Moga, Sangrur & Rohtak Development activity MBIR, investment region selected in 1st phase of DMIC, is
Slide 19: MTPL - Mahakaleshwar Tollways Private Limited
MTPL - Mahakaleshwar Tollways Private Limited #5 : 4 Laning of Indore – Ujjain Road on SH-27 Link for Map view Project Snapshot Connects Rajasthan in north & Maharashtra in south, cities Ujjain, Indore & Pitampur Indore, largest and most populous city in Madhya Pradesh qualified for Smart Cities
Slide 20: STPL - Solapur Tollways Private Limited
STPL - Solapur Tollways Private Limited #6 : 4 Laning of Solapur Maharashtra/Karnataka Border Section of NH9 Link for Map view Project Snapshot Connects west & east passing major cities such as Vijayawada, Hyderabad, Pune NH-9 & Mumbai-Pune Exp Highway intersect at Pune Provide connectivity to
Slide 21: Let's Connect
Let’s Connect Company : Investor Relations Advisors : Stellar IR Advisors Pvt. Ltd. Bharat Road Network Limited Mr. Vikash Verma / Mr. Abhishek Bhatt Mr. Sanjay Mittal [email protected] / [email protected] [email protected] B-707, Kanakia Wall Street, Andheri (East), Mumbai 400 0