Bondada Engineering Limited · BSE:BONDADA
Bondada Engineering — Investor Presentation (October 2023)
32 slides from Bondada Engineering's investor presentation, October 2023
Slide 1: Corporate Profile
Telecom || Solar || Construction Materials Corporate Profile October 2023
Slide 2: Table of Contents
Table of Contents Particulars Page No Executive Summary 3 About the Company 6 Market Opportunity 19 Business Strengths & Strategies 23 Financial Snapshot 27 IPO Success Metrics 30 2
Slide 3: Executive Summary
ms. BONDADA Executive Summary
Slide 4: Executive Summary
Executive Summary… An ISO 9001:2015 certified integrated infrastructure company Established in 2012 and headquartered at Hyderabad PAN Indian presence Engaged in the business of providing EPC and O&M services in telecom and solar energy industries. Business Overview Also engaged in busines
Slide 5: Business at a Glance (FY 2023)
Business at a Glance (FY 2023) Revenue^ EBITDA^ PAT^ Business Segments Telecom Tower Telecom OFC ₹ 370.59 ₹ 31.18 ₹ 18.25 Solar Energy Crores Crores Crores Construction Materials Order Book* ROCE (%)^ ROE (%)^ ₹ 1520 35.63% 22.77% Crores 5 * On standalone basis ^ As per restated consolidated
Slide 6: About the Company
BONDADA About the Company 2 OF BO Ld BY
Slide 7: Corporate Structure
Corporate Structure Bondada Engineering Limited EPC Services O&M Services Manufacturing 1. Tower Manufacturing 1. Telecom EPC 1. Telecom Tower O&M 2. AAC Blocks* 2. Telecom OFC EPC 2. Telecom OFC O&M 3. uPVC Products* 3. Solar EPC 3. Solar O&M 4. LED Lights* * Through the subsidiaries of the company
Slide 8: Business Segments
Business Segments EPC Services O&M Services Manufacturing/Supply Telecom Telecom Telecom Towers Erection of telecom towers Maintenance of electrical and mechanical Cell site construction systems, backup power systems and security Ground Based Towers Civil, electrical, and mechanical works syste
Slide 9: Our Geographical Presence
Our Geographical Presence Till March 31, 2023, we have provided EPC services for more than 11,600 Telecom EPC and O&M telecom towers, 3,432.74 RKM of OFC and 198 MW of solar power plant. OFC EPC and O&M We have also provided O&M services to more than 38,500 telecom Solar EPC and O&M towers and 2
Slide 10: Telecom EPC and O&M
Telecom EPC and O&M Telecom EPC Telecom O&M 10
Slide 11: Solar EPC and O&M
Solar EPC and O&M Solar EPC Solar O&M 11
Slide 12: Optical Fiber Cable and O&M Construction Materials
Optical Fiber Cable and O&M Construction Materials OFC EPC and O&M Construction Materials 12
Slide 13: Organisation Structure
Organisation Structure Board of Directors Raghavendra Rao Bondada Chairman & Managing Director Neelima Bondada Satyanarayana Baratam Non-Executive Director Whole Time Director & CFO Independent Directors Business Head Business Head Business Head Business Head Business Head Business Head Telecom Cons
Slide 14: Board of Directors
Board of Directors… An accomplished leader with over 25 years of experience across many sectors including projects in Telecom, Power, Transmission, Renewable Energy, Pre-Engineered Buildings and Industrial infrastructure. Prior to founding the Group, BRR was heading the overall operations as COO
Slide 15: Board of Directors
Board of Directors… A science graduate from Nagarjuna University, Andhra Pradesh with vast experience in administration and HR related matters. She handles matters related to human resource, administration and accounting in the Group. Neelima Bondada She is a member of Audit Committee, Nominat
Slide 16: KMP and Senior Management Team
KMP and Senior Management Team CS Sonia Bidlan D Umamaheswara Rao MVD Prasad A Nandha Kumar Company Secretary Senior Vice President Senior Vice President Senior Vice President A. Vara Prasad V Lakshmana Rao Pradeep Alaparthi Y S Surya Murthy General Manager - SITPL Head – Solar Division Director - B
Slide 17: Our Clientele
Our Clientele i gc 4 f) “s ae R 2 Ji i [ane A wiv 1 . Seema e airtel i Limited indus AMERICAN TOWER’ TATA TOWERS s& tnd qr - BSNL NOKIA G usr constrction Penusunad Connecting Indian ulings& Factores (TL LIMITED ERICSSON ai {AGoremneto nda Undoraera) " Aa STERLING & vnuson VW | Ail [ €terliteTech K E
Slide 18: Journey so far
Journey so far 2021-22 Crossed annual revenue above 2022-23 Rs. 300 Crores Transfer of uPVC & AAC Received single largest telecom 2017-18 Undertaking to subsidiaries EPC & O&M order worth ₹ 1,156.45 Crores Crossed annual revenue 2015-16 above Rs. 100 Crores Commenced AAC Commenced Telecom To
Slide 19: Market Opportunity
~ BONDADA —— GROUP ee Market Opportunity
Slide 20: Cumulative addition of 9 lakh towers between FY 2023 and 2030
Cumulative addition of 9 lakh towers between FY 2023 and 2030 Total telecom tower base in India is expected to reach nearly 16.70 lakhs by FY 2030, Annual capex pattern from current base of 7.54 lakhs towers. Annual Capital Expenditure Incurred in Setting up New This would result in addition of
Slide 21: 5G adoption and FTTX penetration to drive OFC demand
5G adoption and FTTX penetration to drive OFC demand Telecom sector is the largest consumer of OFC, accounting for more than 40% of Key Demand Drivers for OFC in India global OFC consumption. As per TRAI’s, India had only 30 million fixed broadband internet users – as against 816 million mobile
Slide 22: Approx. 237 GW of solar capacity would be added by 2030
Approx. 237 GW of solar capacity would be added by 2030 Cumulative Installed Capacity in Renewable Space: Government Target in Overall Installed Power Generation Solar Power Generation Capacity in India 2030 (in GW) Capacity in India (in GW) (in GW) 600 500 866 334 500 CAGR – 7% CAGR – 12% 400 623 3
Slide 23: Business Strengths & Strategies
Business Strengths & Strategies
Slide 24: Business Strengths
Business Strengths… Strong project management and Managing diverse business operations execution capability amidst growing demand Worked on more than 11,600 telecom sites in 7 Unique combination of expertise in multiple states in India and completed contracts worth segments with distinctive blen
Slide 25: Business Strengths
…Business Strengths Experienced management team and Long term contracts providing visibility dedicated employee base on future revenues MD and WTD each having overall experience of more than 2 decades in telecom, power, We act as long-term services providers for our customers who leverage our te
Slide 26: Business Strategies
Business Strategies Capitalise on growth opportunities in Increase geographical spread Deepen our client engagement telecom infrastructure and data services Executed various projects in more than 23 Intend to deepen our relationship with our states for our telecom, solar and OFC Telecom clients
Slide 27: Financial Snapshot
~ BONDADA —— GROUP ~Z7 Financial Snapshot
Slide 28: Consistent Growth and Profitability - Story in Numbers
Consistent Growth and Profitability - Story in Numbers… All figures in INR Lakhs except for ratios Total Income* Revenue Breakup (FY 2023)* 40,000 3% EPC Services 37,095.77 33,420.96 28,832.29 7% 30,000 12% O&M Services 20,000 14% tower manufacturing 64% 10,000 AAC Blocks and other 0 construction pr
Slide 29: Consistent Growth and Profitability - Story in Numbers
…Consistent Growth and Profitability - Story in Numbers All figures in INR Lakhs except for ratios RoCE and RoE* Cash Profit after Tax* 40% 2,500 2,007.96 35% 29.72% 35.63% 2,000 30% 28.71% 25% 1,500 1,194.99 22.77% 1,120.30 20% 19.27% 17.51% 1,000 15% 10% 500 5% 0 0% FY21 FY22 FY23 FY21 FY22 FY23 C
Slide 30: IPO Success Metrics
IPO Success Metrics
Slide 31: IPO Success Metrics
IPO Success Metrics Issue size ₹ 42.72 Crore with fresh issue of 56.96 Lakhs shares ( Lot Size of 1600 Shares at ₹75 ) Issue opened on 18th Aug 2023 till 22nd Aug 2023 One time full subscription completed within 3 hours of the issue opening Over subscribed by 106x in 3 Days ( 124x by HNIs &
Slide 32: Thank You!
Thank You! Bondada Engineering Limited Satyanarayana Baratam Plot No. 11 & 15, 3rd Floor, Surya PPR Towers, Ranga Reddy, Hyderabad - 500062 T: +91 72070 34662 E: [email protected]
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