Dilip Buildcon Ltd. · NSE:DBL
Dilip Buildcon — Q1 FY2018 Earnings Presentation
27 slides from Dilip Buildcon's earnings presentation, August 2017
Slide 1: Q1FY18 Earnings Presentation
INFRASTRUCTURE & BEYOND Q1FY18 Earnings Presentation
Slide 2: Safe Harbour
Safe Harbour Q1FY18 All statements included or incorporated by reference in this presentation, other than statements or characterizations of historical fact, are forward-looking statements. These forward-looking statements are based on our current expectations, estimates and projections about our in
Slide 3: Table of Content
Table of Content 1 Results Summary Page : 04 2 Business Highlights Page : 06 3 Financial Highlights Page : 10 4 Strategy & Model Page : 15 5 Appendix Page : 18 3
Slide 4: Results Summary – Q1FY18
Results Summary Business Highlights Financial Highlights Strategy & Model Appendix Results Summary – Q1FY18 Q1FY18 Revenue (₹ mn) EBITDA (₹ mn) Profit after Tax (₹ mn) 3,029 1,225 16,667 2,065 10,440 499 Q1FY17 Q1FY18 Q1FY17 Q1FY18 Q1FY17 Q1FY18 Revenue Breakup Roads & Bridge Irrigation Urban Develo
Slide 5: Result Update
Results Summary Business Highlights Financial Highlights Strategy & Model Appendix Result Update Q1FY18 (₹ mn) Particulars Q1FY18 Q4FY17 Q1FY17 YoY (%) FY17 FY16 YoY (%) Revenue 16,667 17,535 10,440 59.65% 51,091 41,011 24.58% Operating expenses 13,638 13,955 8,375 62.84% 41,054 32,861 24.93% EBITDA
Slide 6: Net Working Capital Days- Quarterly
Results Summary Business Highlights Financial Highlights Strategy & Model Appendix Net Working Capital Days- Quarterly Q1FY18 161 156 134 136 129 104 148 155 141 139 120 91 95 97 86 89 86 75 80 78 73 64 69 62 31.03.2016 30.06.2016 30.09.2016 31.12.2016 31.03.2017 30.06.2017 Debtor Days Inventory day
Slide 7: Order Book
Results Summary Business Highlights Financial Highlights Strategy & Model Appendix Order Book Q1FY18 Order Book Order Book – By Sector 15.48% 175,683 2.14% Roads, Highways & 156,297 Bridges 0.72% Irrigation 107,787 Urban Development 74,747 51,609 Mining 81.66% FY 14 FY 15 FY 16 FY 17 Q1FY18 Order Bo
Slide 8: Project won in Q1
Results Summary Business Highlights Financial Highlights Strategy & Model Appendix Project won in Q1 Q1FY18 Outstanding order Schedule date of Project Name Type Contract Value LOA Date Date of Start book completion Parallel Taxi Track and associated civil & electrical Urban Development 1,250.0 1,250
Slide 9: Profit & Loss - Quarterly
Results Summary Business Highlights Financial Highlights Strategy & Model Appendix Profit & Loss - Quarterly Q1FY18 (₹ mn) Standalone Highlights Particulars Q1FY18 Q1FY17 Y-o-Y Revenue from Operations 16,667 10,440 59.6% • 59.6% YOY GROWTH IN TOP LINE Other income 27 20 35.0% • FINANCE COST REDUCED
Slide 10: Balance Sheet - Quarterly
Results Summary Business Highlights Financial Highlights Strategy & Model Appendix Balance Sheet - Quarterly Q1FY18 (₹ mn) Standalone Particulars Q1FY18 Q4FY17 Q1FY17 ASSETS Non-current assets Property, plant and equipment 16,755 16,785 13,959 Investment properties - - - Other Intangible assets 37 4
Slide 11: Balance Sheet - Quarterly
Results Summary Business Highlights Financial Highlights Strategy & Model Appendix Balance Sheet - Quarterly Q1FY18 (₹ mn) Standalone Particulars Q1FY18 Q4FY17 Q1FY17 EQUITY AND LIABILITIES Equity Equity share capital 1,368 1,368 1,717 Other equity 18,383 17,161 10,272 Total equity 19,751 18,529 11,
Slide 12: Working Capital
Results Summary Business Highlights Financial Highlights Strategy & Model Appendix Working Capital Q1FY18 (₹ mn) Standalone Particulars Q1FY18 Q4FY17 Q1FY17 Debtors Days 69 73 75 Inventories Days 97 120 148 Total 166 193 223 Less: Creditors Days 62 64 89 Working Capital Days 104 129 134 Inventory St
Slide 13: Yearly Standalone Financials (₹ mn)
Results Summary Business Highlights Financial Highlights Strategy & Model Appendix Yearly Standalone Financials (₹ mn) Q1FY18 Particulars FY17 FY16 Total income (A) 51,091 41,011 % growth 24.58% 55.90% Cost of construction 23,389 20,166 Changes in inventories 14,540 9,838 Employee benefits expense 1
Slide 14: Business Model
Results Summary Business Highlights Financial Highlights Strategy & Model Appendix Business Model Q1FY18 Project Selection and Management Superior Execution Cost-effective procurement Efficient project Equipment tracking and planning and management for efficiency Careful management selection Robust
Slide 15: Strategy
Results Summary Business Highlights Financial Highlights Strategy & Model Appendix Strategy Q1FY18 Business Focus De-Risk business through o Focus on road EPC for diversification government clients. o Geographical Diversification o Investment in equipment o Segment Diversification bank, process and
Slide 16: Key differentiators
Results Summary Business Highlights Financial Highlights Strategy & Model Appendix Key differentiators Q1FY18 Excellent execution One of the largest fleet One of the largest Robust revenue track record – of construction employers in the visibility – order book at completed 47 road equipment in India
Slide 17: Overview
Results Summary Business Highlights Financial Highlights Strategy & Model Appendix Overview Q1FY18 Pan India presence# 16 states Revenue growth** CAGR of 34.75% roads, bridges, buildings, dams, Diversified areas canals, water supply & mining Largest owner of Construction equipment’s* 8,718 Largest e
Slide 18: Leadership Team
Results Summary Business Highlights Financial Highlights Strategy & Model Appendix Leadership Team Q1FY18 Mr. Dilip Suryavanshi Mrs. Seema Suryavanshi Mr. Devendra Jain Chairman and MD Executive Director Executive Director & CEO Dilip Suryavanshi is the Chairman and Managing Seema Suryavanshi is an
Slide 19: Execution Team
Results Summary Business Highlights Financial Highlights Strategy & Model Appendix Execution Team Q1FY18 Mr. Vaibhav Rawat Mr. Atul Joshi Mr. Devesh Sharma Mr. Pradeep Harel GM – Structure DGM – Legal AGM – Mechanical CFO Mr. P. Marimuthu Mr. Kamalakanta Mahakul Mr. Nitesh Kumar Sharma Mr. Badal Cha
Slide 20: Awards, accreditation and accolades
Results Summary Business Highlights Financial Highlights Strategy & Model Appendix Awards, accreditation and accolades Q1FY18 20 Investor Presentation Q1FY18
Slide 21: Pan India Project Execution Capability
Results Summary Business Highlights Financial Highlights Strategy & Model Appendix Pan India Project Execution Capability Q1FY18 (₹ mn) Covering 65% of the Land Bank State Completed Ongoing Gross Ongoing Net AP 7,175.70 21,869.10 18,884.83 Himachal Pradesh CG - 9,846.00 4,058.87 Punjab GOA - 15,281.
Slide 22: Key Outstanding EPC Projects
Results Summary Business Highlights Financial Highlights Strategy & Model Appendix Key Outstanding EPC Projects Q1FY18 Outstanding Order Schedule Date of Project name Type Contract Value Length (Kms) LOA Date Date of Start Book Completion NIGAHI OCP of NCL Excavation 16,735.77 16,735.77 20-01-17 24-
Slide 23: BOT Project Portfolio
Results Summary Business Highlights Financial Highlights Strategy & Model Appendix BOT Project Portfolio Q1FY18 Total Project Awarding Equity Annuity Project name Type State COD Length (Kms) Cost Authority (Amt. In Mn) (Amt. In Mn) (Amt. In Mn) Suryavanshi Infrastructure Pvt Ltd Toll M.P MPRDC 5-Feb
Slide 24: BOT Project Portfolio
Results Summary Business Highlights Financial Highlights Strategy & Model Appendix BOT Project Portfolio Q1FY18 Awarding Total Project Project name Type State COD Length (Kms) Equity Annuity Authority Cost DBL Sitamau -Suwasara Tollways Annuity + M.P MPRDC 28-Mar-13 35.0 182 74 652 Ltd, Bhopal Toll
Slide 25: BOT Project Portfolio and Irrigation
Results Summary Business Highlights Financial Highlights Strategy & Model Appendix BOT Project Portfolio and Irrigation Q1FY18 Awarding Total Project Project name Type State COD Length (Kms) Equity Annuity Authority Cost Annuity DBL MAHAGAON YAVATMAL HIGHWAYS Hybrid Maharashtra NHAI Awaited 64.93 1,
Slide 26: Urban Development and Mining Projects
Results Summary Business Highlights Financial Highlights Strategy & Model Appendix Urban Development and Mining Projects Q1FY18 Urban Development Outstanding Order Schedule date of Project name Type Contract Value LOA Date Date of Start Book Completion DISTRICT COURT Urban Dev 1 ,890.2 1,871.37 Jan-
Slide 27: Thank You
Thank You DILIP BUILDCON LIMITED Plot No. 5, Inside Govind Narayan Singh Gate, Chuna Bhatti, Kolar Road, Bhopal Madhya Pradesh - 462 016 Tel.: 0755 – 4029999 |Fax: 0755 – 4029998 Email: [email protected] | CIN: U45201MP2006PLC018689 S-ANCIAL GLOBAL SOLUTIONS PVT. LTD. (Investor Relations) Rahul