Investor Presentation November 2017 1
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Capacit ' e Infraprojects Ltd. (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or binding commitment whatsoever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company. This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded. This presentation contains certain forward looking statements concerning the Company’s future business prospects and business profitability, which are subject to a number of risks and uncertainties and the actual results could materially differ from those in such forward looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, competition (both domestic and international), economic growth in India and abroad, ability to attract and retain highly skilled professionals, time and cost over runs on contracts, our ability to manage our international operations, government policies and actions regulations, interest and other fiscal costs generally prevailing in the economy. The Company does not undertake to make any announcement in case any of these forward looking statements become materially incorrect in future or update any forward looking statements made from time to time by or on behalf of the Company. 2
H1 FY18 Standalone Financial Highlights
Key Highlights EBITDA Cash PAT Total Income PAT ₹ 99 Cr ₹ 64 Cr ₹ 596 Cr ₹ 34 Cr Growth Growth Growth Growth Growth Growth Growth of xx% xx% of xx% of of of of 16.1% 9.7% 28.5% 12.4% NWC Days Orderbook: ₹ 4,705 Cr as on Sept 30, 2017 62 days 4
H1 FY18 Standalone Profit & Loss Statement as per IndAS Particulars ( ₹ In Crs) Q2 FY18 Q2 FY17 Y-o-Y H1 FY18 H1 FY17 Y-o-Y Revenue from Operations 322 217 48.5% 588 505 16.4% Other Income 3 3 8 8 Total Income 326 220 47.5% 597 513 16.1% Cost of Material Consumed 235 146 420 358 (Incl. Construction Expenses) Employee Expenses 29 23 54 45 Other Expenses 11 11 23 19 EBITDA 50 40 25.9% 99 90 9.7% EBITDA Margin (%) 15.5% 18.2% 16.6% 17.5% Depreciation 14 15 28 30 Finance Cost 10 11 19 20 Profit before Tax 26 15 80.5% 52 40 29.4% Tax 9 5 18 14 Profit After Tax 18 10 80.8% 34 26 28.5% PAT Margin (%) 5.4% 4.4% 5.7% 5.1% Diluted EPS 3.39 2.05 7.16 5.52 Cash PAT* 34 24 37.4% 64 57 12.4% Cash EPS 6.48 5.15 13.66 12.06 *Cash PAT = PAT + Depreciation + Deferred Tax 5
H1 FY18 Standalone Balance Sheet as per IndAS ASSETS ( ₹ In Crs) Sep-17 Mar-17 Sep-17 Mar-17 EQUITY AND LIABILITIES ( ₹ In Crs) NON-CURRENT ASSETS 440 374 704 299 EQUITY Property, plant & equipment 340 316 68 44 Equity Share capital Capital work-in-progress 11 7 636 256 Other equity Intangible assets 2 2 Investments 0 0 222 205 NON-CURRENT LIABILITIES Trade receivables 50 16 60 67 Borrowings Loans 2 3 35 34 Other financial liabilities Other Financial Assets 13 14 2 2 Provisions Current tax assets (Net) 1 1 Other Non - current assets 20 16 31 29 Deferred tax liabilities (Net) CURRENT ASSETS 1,138 697 95 74 Other Non-Current Liabilities Inventories 183 170 653 566 CURRENT LIABILITIES Investments 0 2 66 97 Borrowings Trade receivables 418 358 Cash & Cash Equivalents 76 11 338 301 Trade Payables Bank balances other than cash & cash 298 39 65 47 Other Financial Liabilities equivalent Loans 43 30 6 2 Current tax liabilities (Net) Other Financial Assets 13 31 3 2 Provisions Current tax assets (Net) 0 3 175 116 Other current liabilities Other Current assets 106 54 1,579 1,070 TOTAL EQUITY & LIABILITIES TOTAL ASSETS 1,579 1,070 6
Our Order Book Status ( ₹ In Crs) Key Order Wins in H1 FY18 Order Book Built-up 4,705 ➢ Brigade Enterprises: WTC Project in Chennai. 4,289 Outstanding Order value ~ ₹ 370cr 2,805 2,266 ➢ Godrej Properties: Godrej Emerald in Thane 1,693 MMR. Outstanding Order value ~ ₹ 158cr. This is our 4 th order from Godrej 331 FY13 FY14 FY15 FY16 FY17 H1FY18 ➢ DB – Radius Group: One Mahalakhmi in Mumbai. Outstanding Order value ~ ₹ 157cr Order Inflow Order book analysis 2,496 ➢ Top 5 Orders contribute 37% of the Order book 1,534 1,322 1,006 937 ➢ Of the Order book, West India contributes 72.5%, South India contributes 22.5% and 318 North India contributes 5% FY13 FY14 FY15 FY16 FY17 H1FY18 7
H1 FY18 Order book of ₹ 4,705cr 56 Ongoing Sites Geographical Split 56 North Zone 24 14.3% 15 10 7 25.0% South Zone 60.7% West Zone Villaments Super Gated High Rise Total & Other Hise Rise Com Buildings Segment wise Split Category wise Split Villaments & Other Buildings Commercial & Institutional 8.9% 12.5% High Rise 42.9% 26.8% Gated Com 91.1% 17.9% Data on the basis of Sites 8 Residential Super High Rise
Our Story
Transforming Vision into Reality Ownership of Strong Assets & a Marquee Clients Strong Management Team of highly & Growing Balance Sheet Team skilled Orderbook workforce 10
Our DNA Focus on Construction Technologies… Our Business model and capabilities is built around leveraging our understanding of varied types of Construction Technologies and managing construction complexities …for speedier execution Ownership of Modern System Formwork & Core Assets along with access to high quality skilled workmen coupled with our Technology prowess allows speedier and timely completion of Projects : a faster turnaround and better Asset Turnover …to become a ‘Preferred Construction Partner’ Deliver high quality work thus enhancing relationships with existing clients ensuring high client recall enabling us to win repeat orders as well as secure projects from new customers 11
We are a ‘Technology Focused’ Construction Company Results Clients Access to Technology Cities Kalpataru MMR Speedy Automatic Aluminum Modular Deck Oberoi Realty Climbing System Panel System Bengaluru Execution Godrej Systems Formwork Formwork NCR + Brookfields Pune Growing Lodha Chennai Orderbook Modular Transcon Tunnel Table Hyderabad = Panel System Purvankara Formwork Formwork Kochi Established Formwork Wadhwa Group Credentials Brigade Built to Marquee Faster & Timely Execution Urban Last …all this in a short span of 5 years 12
Technology is key to our success… Aluminum System Formwork Automatic Climbing 02 01 (Monolithic Casting) Systems (Building Core) 04 Tunnel Formwork Modular Deck Panel 03 (Monolithic Casting) System Formwork (Flat Slab) 05 Table Formwork (Flat Slab) 06 Modular Panel System Formwork (Column, Shear Wall, Core, Lift) 07 Conventional System (Slab and Beam) …and a happy customer + repeat orders 13
Track Record… New Clients + Repeat Wins from existing Clients ➢ ➢ …strengthens Customers confidence …enhances project execution in our Capabilities & Delivery capabilities building a high degree of specialization ➢ …build pre -qualification levels ➢ …leads to consistent growth in Orderbook allowing us to bid for larger projects 14
Focus : BUILDING…to remain ahead Design & Built Lock & Key Lock & Key Shell & Core Shell & Core Shell & Core 2013 2014 2016 …and create an unmatched Competitive Edge 15
Quality in Everything we do Integrated Management System Quality Management System ISO 9001:2008 Environmental Management System ISO 14001:2004 Occupational Health and Safety Management System OHSAS 18001:2007 16
Resources give us a Advantage in our Performance Temperature controlled concrete for mass pours, self compacting free flow concrete for heavily reinforced pours and special concrete for vertical pumping in Super High Rise Buildings Modern Technology We own 65 tower cranes, 5 Boom Placer, 4 Batching Plants. In addition to 12,800 sqm of Wall panel, 4,600 sqm of Deck panel, 47,000 sqm of Aluminium monolithic, 3 units of Auto climbing Core Assets formwork & 2 units of Auto climbing screen We have over 1,000 employees comprising of specialized Skilled technicians and engineers and ~900 contract workers to Workforce deliver world class projects on time. Our current projects are also employing ~10,400 sub contract workers Processes We follow well established processes to execute projects in an efficient and timely manner ERP System Entire business process of procurement and services besides accounting functions are transacted in Buildsmart ERP 17
Recommend
More recommend
