Sadbhav Infrastructure Project Ltd. · NSE:SADBHIN
Sadbhav Infrastructure Project — Investor Presentation (November 2015)
34 slides from Sadbhav Infrastructure Project's investor presentation, November 2015
Slide 1: Sadbhav Infrastructure Project Limited
Sadbhav Infrastructure Project Limited November 2015
Slide 2: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”),which have been prepared by Sadbhav Infrastructure Project Limited (SIPL) (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or sub
Slide 3: Overview – Sadbhav Infrastructure Project Limited
Overview – Sadbhav Infrastructure Project Limited SIPL is the only listed Road & Highways BOT company in India with a portfolio of 11 projects Promoted by Sadbhav Engineering Limited (SEL) in 2007 to operate Road BOT projects for Sadbhav Group Owns a project portfolio consisting of eleven BOT pr
Slide 4: Key Management Personnel
Key Management Personnel Board of Directors Mr. Vishnubhai M Patel Mr. Vasistha Patel (Chairman & Non-Executive Director) (Managing Director) Mr. Shashin V Patel Mr. Nitin R Patel (Non-Independent & Non-Executive Director) (Non-Independent & Non-Executive Director) Mr. Sandip V Patel, Mr. Mirat N Bh
Slide 5: Presence of Marquee Investors
Presence of Marquee Investors Shareholding Pattern as on 30th September 2015 Strong Institutional Presence Category No. of shares % Promoter Group 243,637,647 69.2% Public Shareholding 108,587,569 30.8% Institutions 27,516,008 7.8% DIIs 16,511,463 4.7% FIIs 11,004,545 3.1% Non-Institutions 81,071,56
Slide 6: Operating Assets
Operating Assets Particulars ARRIL AJTL NSEL HYTPL BHTPL Current Stake 93.99% 99.99% 99.99% 99.99% 76.99% Proposed Stake 99.99%1 99.99% 99.99% 99.99% 76.99% Project Details Project Type Toll Toll Annuity Toll Toll State Gujarat Maharashtra Maha/MP Telangana Karnataka JV Partner Patel Infra N.A N.A N
Slide 7: Operating Assets
Operating Assets Particulars RPTPL MBCPNL DPTL Current Stake 99.99% 77.82% 72.80% Proposed Stake 99.99% 78.19%1 100.00% Project Details Project Type Toll Service Fee Toll State Haryana Maharashtra Maharashtra SREI Infra and SREI Sahaj e-village JV Partner N.A SEL Limited Client NHAI Govt. of Maha. N
Slide 8: Under Construction Assets
Under Construction Assets Particulars SUTPL BRTPL RHTPL Current Stake 99.99% 99.99% 99.99% Project Details Proposed Stake 99.99% 99.99% 99.99% Project Type Toll Toll Toll State Rajasthan Rajasthan Haryana Client NHAI NHAI NHAI Lane kms 317.2 349.0 395.2 Concession Start Apr-13 Oct-13 Dec-13 Concessi
Slide 9: Sustained Growth in Asset Base
Sustained Growth in Asset Base Yearly Operational Assets Addition RHTPL SUTPL BRTPL RPTPL RPTPL SUTPL MBCPNL* MBCPNL RPTPL BHTPL BHTPL BHTPL MBCPNL HYTPL HYTPL HYTPL BHTPL DPTL DPTL DPTL DPTL HYTPL NSEL NSEL NSEL NSEL NSEL DPTL MNEL MNEL MNEL MNEL MNEL MNEL NSEL AJTL AJTL AJTL AJTL AJTL AJTL AJTL AR
Slide 10: Well Positioned to Capture Growth in the Sector
Well Positioned to Capture Growth in the Sector 1 Sizeable and diverse 2 portfolio with majority Integrated structure with presence across the entire projects operational road sector value chain Focused strategy 4 3 Projects located in high as roads & highways growth states, on important BOT player
Slide 11: Sizeable and Diverse Portfolio with Majority Projects Operational
Sizeable and Diverse Portfolio with Majority Projects Operational As of Sept 30 2015, SIPL’s projects have an average residual life of 18 years and 1 months(1), thereby ensuring stable revenues and cash flows. A diversified portfolio of projects (incl MBCPNL) provides higher growth visibility going
Slide 12: Integrated Structure
Integrated Structure Strong execution capabilities demonstrated by completion of 4 out of 6 operational projects ahead of scheduled CoD In-house Capabilities Across the Roads Value Chain Efficient IT Infrastructure Ensuring Efficiency in Toll Collection • In-house financial and traffic estimates of
Slide 13: Projects Located in High Growth States, on Important Corridors
Projects Located in High Growth States, on Important Corridors Presence in high growth states where GDP is greater than average India’s GDP by 50-170 bps thereby ensuring high industrial growth providing sustainable traffic , high willingness to pay & better administration India Project Cost by Clie
Slide 14: Focused Strategy as a Roads & Highways BOT Player Only
Focused Strategy as a Roads & Highways BOT Player Only Single-industry focus combined with a rational bidding strategy has driven growth for SIPL Focused Strategy Stable Growth Track Record Focus on BOT roads and highways Lane Kms Operational Projects (1) Integrated structure 4 5 7 9 9 Alignment
Slide 15: Toll Collection Trend
Toll Collection Trend
Slide 16: Toll Collection
Toll Collection INR mn Ahmedabad Ring Road Infrastructure Limited (ARRIL) (INR mn) 250 Quarter 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 % rise 200 June 147.1 173.3 183.6 183.0 188.4 222.2 17.9% 150 Sept 139.7 164.8 163.9 175.6 202.7 212.5 4.8% 100 Dec 169.9 194.6 179.3 188.5 223.0 50 Mar 177.
Slide 17: Toll Collection
Toll Collection Bijapur Hungund Tollway Pvt Limited (BHTPL) (INR mn) INR mn Quarter 2011-12 2012-13 2013-14 2014-15 2015-16 % rise 300 June - 164.6* 243.6 255.2 284.2 11.4% 200 Sept - 232.7 236.3 259.6 281.6 8.5% Dec - 227.6 231.0 254.6 100 Mar - 237.6 238.6 273.9 - Total - 862.5 949.5 1,043.3 June
Slide 18: Toll Collection
Toll Collection INR mn Maharashtra Border Check Post (MBCPNL) (INR mn) 400 Quarter 2011-12 2012-13 2013-14 2014-15 2015-16 % rise 300 June 16.7* 196.1 340.7 73.7% 200 Sept 63.1 222.0 366.9 65.3% 100 Dec 76.2 237.7 Mar 146.2 260.6 - June Sept Dec Mar Total 302.2 916.4 2010-11 2011-12 2012-13 2013-14
Slide 19: Financials
Financials
Slide 20: Standalone Financials
Standalone Financials Balance Sheet (INR mn) H1 FY16 FY15 FY14 Income Statement (INR mn) H1 FY16 FY15 FY14 Share Capital 3,522.3 3,109.6 282.6 Income from Operations 132.6 701.1 911.8 Reserves & Surplus 8,456.7 5,326.3 8,036.0 Other Income 264.7 372.0 246.6 Net Worth 11,979.0 8,435.9 8,318.6 Total I
Slide 21: Consolidated Financials
Consolidated Financials Balance Sheet (INR mn) H1 FY16 FY15 FY14 Income Statement (INR mn) H1 FY16 FY15 FY14 Share Capital 3,522.3 3,109.6 282.6 Income from Operations 2,736.5 5,003.0 3,744.0 Reserves & Surplus 7,632.8 4,699.5 8,265.9 Other Income 148.5 285.9 215.9 Net Worth 11,155.1 7,809.1 8,548.5
Slide 22: Annexure
Annexure
Slide 23: ARRIL
ARRIL • Located around Ahmedabad city in circular pattern just 10 kms away from the state capital Gandhinagar Location • It serves as a by-pass road and crosses 19 major radial roads of the city • Provides interstate connectivity between Gujarat and Maharashtra, Rajasthan and Madhya Pradesh • Connec
Slide 24: AJTL
AJTL Project road is located in the heart of Maharashtra wherein Section-I (50 kms) starts from Aurangabad airport and ends at Jalna by-pass. Location Section II of the project (16 kms) starts from Zalta by-pass and ends at Beed by-pass Connectivity to vast industry hinterland area viz, Aurangab
Slide 25: HYTPL
HYTPL • Starts at Hyderabad and ends near Raigiri at the junction of Yadagirigutta Road Location • It is on of the busiest sections of NH-202, carries both local and inter-state traffic • An important link connecting highly industrialized cities Hyderabad & Warangal which attracted most of the traff
Slide 26: BHTPL
BHTPL • Project is part of the Bijapur-Hungund section of NH- 13. The entire project is located in the state of Karnataka • It caters to North-South traffic, originating from Bengaluru to Delhi Location • On project highway about 90% of the traffic is single journey mainly long distance through traf
Slide 27: RPTPL
RPTPL • Project is part of the Rohtak-Panipat section of NH-71A. The entire project is located in the state of Haryana NH-1 Location • It caters to long distance traffic, originating from IOC refinery Textile Cluster Rajasthan, Maharashtra, Gujarat to Northern states like Punjab, J & K, Haryana and
Slide 28: MBCPNL
MBCPNL • MBCPNL, first of its kind project in India has 22 Border check post located around Maharashtra state with a objective to facilitates RTO Location checks, sales tax and excise clearances, weighment of vehicles and IT support to ensure that there are no delays or tax leakages • Out of the 22
Slide 29: MBCPNL: Services Offered
MBCPNL: Services Offered Services Electrical & Support Road works Computer works Miscellaneous works Electronic equipment infrastructure Design & development Installation and Development of Development of lighting Landscaping and of entry and exit points maintenance of various necessary infra. for t
Slide 30: DPTL
DPTL • The project road starts from MP/MH Border & ends at Dhule. It is a part of NH-3 (AB Road) which connects Agra to Mumbai. Major Location towns/cities enroute in DPTL area are Palasner, Sangvi, Shirpur, Varshi, Nardana, Songir and Dhule • Major highways NH-3 and NH-6 intersect at Dhule. NH-6 se
Slide 31: SUTPL
SUTPL Key Description of the Project Stretch NH-8 leading to New • Project is part of the Shrinathji-Udaipur section Delhi of NH-8. The entire project is located in the Project Rajsamand – Major Marble state of Rajasthan. Length of the project is ~79 Cluster in India kms • The project is located at
Slide 32: BRTPL
BRTPL Key Description of the Project Stretch Textile Hub • Project is part of the Bhilwara-Rajsamand Project / section of NH-758. The entire project is Major Marble Clusters in Location located in the state of Rajasthan Rajasthan (Around 20% of India’s Marble reserve) • The total length of the stret
Slide 33: RHTPL
RHTPL Key Description of the Project Stretch • Project is part of the Rohtak-Hissar Project / section of NH-10. The entire project is HSIIDC Industrial Area Location located in the state of Haryana • The total length of the stretch is 83 km Proposed International Cargo Terminal Industrial Modern Tow
Slide 34: Thank You
Thank You 34
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