Kec International Ltd. · NSE:KEC
Kec International — Q3 FY22 Earnings Presentation
26 slides from Kec International's earnings presentation, Feb 1, 2022
Slide 1: Exchange cover letter: Press Release and Investor Presentation
KEC INTERNATIONAL LTD. RPG House 463, Dr. Annie Besant Road Worli, Mumbai 400030, India +91 22 66670200 www.kecrpg.com January 31, 2022 National Stock Exchange of India Limited BSE Limited Exchange Plaza Phiroze Jeejeebhoy Towers Bandra Kurla Complex Dalal Street, Fort Bandra (East), Mumbai - 400 05
Slide 2: KEC delivers Steady Performance amidst Challenging Times
KEC INTERNATIONAL LTD. RPG House 463, Dr. Annie Besant Road Worli, Mumbai 400030, India +91 22 66670200 www.kecrpg.com FINANCIAL PERFORMANCE FOR QUARTER & NINE MONTHS ENDED 31 DECEMBER 2021 KEC delivers Steady Performance amidst Challenging Times Revenues of Rs. 3,340 crore in Q3 FY22 and Rs. 9,467
Slide 3: Order Intake and Order Book; About KEC International
*During Q2 FY22, there was an exceptional write-off of Rs 44 Cr against a legacy arbitration case in South Africa. Considering this impact, the PBT and PAT are as below: Profit Before Tax (PBT): Rs. 282 crore against Rs. 490 crore PBT Margin: 3.0% against 5.6% Profit After Tax (PAT): Rs. 220 crore a
Slide 4: KEC International Limited – Q3 FY22
KEC International Limited Investor Presentation – Q3 FY22 3 1 J a nua ry 2 0 2 2 Power T & D Railways Civil Cables Solar Smart Infra Oil & Gas Pipelines
Slide 5: Disclaimer
Disclaimer This presentation may include statements which may constitute forward-looking statements. All statements that address expectations or projections about the future, including, but not limited to, statements about the strategy for growth, business development, market position, expenditures,
Slide 6: Contents
Contents Overview – RPG Group and KEC International Key Performance Highlights Q3 & 9M FY22 Financial Performance Q3 & 9M FY22 Environmental, Social and Governance (ESG) Power T & D Railways Civil Cables Solar Smart Infra Oil & Gas Pipelines 3
Slide 7: Contents
Contents Overview – RPG Group and KEC International Key Performance Highlights Q3 & 9M FY22 Financial Performance Q3 & 9M FY22 Environmental, Social and Governance (ESG) Power T & D Railways Civil Cables Solar Smart Infra Oil & Gas Pipelines 4
Slide 8: RPG Group: Powered by Passion, Driven by Ethics
RPG Group: Powered by Passion, Driven by Ethics UNLEASHTALENT RPG Enterprises was founded in 1979. The group currently operates various businesses in Infrastructure, Technology, Life Sciences, Plantations and Tyre industries . The group has business TOUCHLIVES history dating back to 1820 AD in banki
Slide 9: KEC International: Building Infrastructure for the World of Tomorrow
KEC International : Building Infrastructure for the World of Tomorrow 7+ DECADES OF EXPERIENCE & EXPERTISE 9,000+ EMPLOYEES $1.8 FOOTPRINT IN 105+ COUNTRIES BILLION GLOBAL EPC MAJOR ONGOING PROJECTS IN 40%+ 30+ COUNTRIES BUSINESS OVERSEAS 6
Slide 10: Board of Directors
Board of Directors H. V. Goenka Chairman, Non Executive Director Vimal Kejriwal A. T. Vaswani D. G.Piramal G. L. Mirchandani M.S. Unnikrishnan Managing Director Non Executive Non Executive Non Executive Non Executive & CEO Independent Director Independent Director Independent Director Independent Di
Slide 11: Management Team
Management Team Vimal Kejriwal Managing Director & CEO Rajeev Agarwal Neeraj Nanda Anand Kulkarni Kaushal Kodesia Manjit Singh Sethi Chief Financial Officer President – South Executive Director – Executive Director – Executive Director – Asia (T&D, Solar & Business Operations Railways Cables Smart I
Slide 12: Contents
Contents Overview – RPG Group and KEC International Key Performance Highlights Q3 & 9M FY22 Financial Performance Q3 & 9M FY22 Environmental, Social and Governance (ESG) Power T & D Railways Civil Cables Solar Smart Infra Oil & Gas Pipelines 9
Slide 13: Key Performance Highlights – Q3 FY22 (1/3)
Key Performance Highlights – Q3 FY22 (1/3) Consolidated Highlights for Q3 FY22 v/s Q3 FY21 Standalone Highlights for Q3 FY22 v/s Q3 FY21 ▪ Revenue of Rs. 3,340 Cr against Rs. 3,289 Cr ▪ Revenue of Rs. 3,001 Cr against Rs. 3,016 Cr ▪ EBITDA Margin at 7.2% against 9.1% ▪ EBITDA Margin at 10.2% against
Slide 14: Key Performance Highlights – 9M FY22 (2/3)
Key Performance Highlights – 9M FY22 (2/3) Consolidated Highlights for 9M FY22 v/s 9M FY21 Standalone Highlights for 9M FY22 v/s 9M FY21 ▪ Revenue of Rs. 9,467 Cr - Growth of 8% ▪ Revenue of Rs. 8,696 Cr - Growth of 12% ▪ EBITDA Margin at 6.9% against 9.0% ▪ EBITDA Margin at 9.7% against 10.6% ▪ Int
Slide 15: Key Performance Highlights – Q3 & 9M FY22 (3/3)
Key Performance Highlights – Q3 & 9M FY22 (3/3) ❑ Achieved highest ever YTD Order intake of Rs 14,121 Cr with a staggering growth of more than two times over last year ▪ Order Intake momentum continues in International T&D with significant orders in Middle East, SAARC and Americas ▪ Expanded interna
Slide 16: Contents
Contents Overview – RPG Group and KEC International Key Performance Highlights Q3 & 9M FY22 Financial Performance Q3 & 9M FY22 Environmental, Social and Governance (ESG) Power T & D Railways Civil Cables Solar Smart Infra Oil & Gas Pipelines 13
Slide 17: Profit & Loss Highlights (Consolidated)
Profit & Loss Highlights (Consolidated) Q3 9M (₹ crore) Particulars Growth Growth Q3 FY22 Q3 FY21 9M FY22 9M FY21 (Y-o-Y) (Y-o-Y) Revenues 3,340 3,289 2% 9,467 8,754 8% EBITDA 239 299 -20% 652 787 -17% EBITDA Margins 7.2% 9.1% 6.9% 9.0% (+) Other Income 5 4 10 18 (-) Depreciation 39 38 116 114 (-) I
Slide 18: Profit & Loss Highlights (Standalone)
Profit & Loss Highlights (Standalone) Q3 9M (₹ crore) Particulars Growth Growth Q3 FY22 Q3 FY21 9M FY22 9M FY21 (Y-o-Y) (Y-o-Y) Revenues 3,001 3,016 -1% 8,696 7,751 12% EBITDA 307 337 -9% 847 822 3% EBITDA Margins 10.2% 11.2% 9.7% 10.6% (+) Other Income 8 5 13 20 (-) Depreciation 31 30 90 92 (-) Int
Slide 19: Businesswise Revenue Performance (Consolidated)
Businesswise Revenue Performance (Consolidated) (₹ crore) Q3 9M Business Verticals Growth Growth FY22 FY21 FY22 FY21 (Y-o-Y) (Y-o-Y) T&D: 1,609 1,882 -15% 4,949 5,313 -7% - T&D (KEC) 1,388 1,613 -14% 4,318 4,409 -2% - SAE Towers 220 270 -18% 631 904 -30% Non T&D: 1,898 1,475 29% 4,965 3,627 37% - Ra
Slide 20: Borrowings & Working Capital (Consolidated)
Borrowings & Working Capital (Consolidated) (₹ crore) Increase/ Increase/ Particulars 31-Dec-21 31-Dec-20 (Decrease) 30-Sep-21 (Decrease) Y-o-Y Q-o-Q I) Net Debt 2,913 2,644 269 2,801 112 II) Interest Bearing Acceptances 1,938 1,098 840 1,549 388 Total (I + II) 4,851 3,742 1,109 4,351 500 ❑ Borrowin
Slide 21: Order Intake & Order Book (Consolidated)
Order Intake & Order Book (Consolidated) Order Intake - YTD FY22 Order Book – YTD FY22 T&D : 38% SAE : 8% T&D: 45% SAE : 5% 3% 1% 6% 2% 1% 1% 11% 17% YTD Order Intake Order Book Rs 14,121 Crs 46% Rs 24,401 Crs 50% 28% 34% T&D Civil Railways Cables Oil & Gas Others T&D Civil Railways Cables Oil & Gas
Slide 22: Contents
Contents Overview – RPG Group and KEC International Key Performance Highlights Q3 & 9M FY22 Financial Performance Q3 & 9M FY22 Environmental, Social and Governance (ESG) Power T & D Railways Civil Cables Solar Smart Infra Oil & Gas Pipelines 19
Slide 23: Commitment to ESG
Commitment to ESG KEC is committed to delivering excellence and outperformance with unwavering focus on embedding sustainable practices towards improving Environment, Society, Safety and Governance Strategic ESG Pillars ESG Focus Areas Unleash Enabling environment for people to unleash Human Capital
Slide 24: Sustainability Roadmap
Sustainability Roadmap Happiness Occupational Corporate Diversity & Quotient Heath & Social Inclusion Safety Responsibility Increase Happiness Increase in Work towards the Reach 2 lac CSR Quotient to 85% diversity by 25% goal of achieving beneficiaries by by FY26 by FY26 zero accidents FY 26 Water P
Slide 25: Sustainability Roadmap – Key Initiatives and Approach
Sustainability Roadmap – Key Initiatives and Approach • Action planning workshops across the • Divert Acid Neutralisation waste to cement organisation to increase Happiness plants for incineration and proactively reducing Happiness Circularity • Themes identified like Work life balance, Rewards acid
Slide 26: Thank You
THANK YOU Global Footprint in 100 countries* *Includes EPC and Supply Follow us on: Registered Office RPG House, 463, Dr. Annie Besant Road, Worli, Mumbai - 400 030. Phone: +91-22-6667 0200 Email: [email protected] www.kecrpg.com