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INVESTOR PRESENTATION DECEMBER 2017
EPC
Roads & Highways, Flyovers &
Bridges
Transmission &
Distribution
Manufacturing
Heavy Engineering
Urban Buildings
Civil Engineering Project
Solid Waste Management
(STP)
Water Resources
Company Overview
Executive Summary 3
• Sunil Hitech Engineers Limited (SHEL) was incorporated in 1984 in Nagpur, India by Gutte Family
• The company has evolved into a diversified company having presence in Engineering, Procurement and Construction across Roads, Institutional Buildings, Power and Infrastructure sector.
• SHEL has executed projects across 17 States in India.
• The company has executed projects for marquee clients across public and private sectors like NTPC, BHEL, MORTH, NHAI, BSHB, MAHAGENCO, NHIDCL, L&T, JSW, Reliance Energy etc.
COMPANY OVERVIEW
EPC Projects EPC Projects for Roads & Highways, Flyover & Bridges, Urban Infrastructure, BOP & EPC assignments for power plants as well as providing comprehensive services in Civil Engineering, Architectural and Structural works.
Operation & Maintenance The service portfolio covers providing permanent solutions to Operation, Overhauling & Maintenance (renovation and modernization) of Power & Steel plants and Road segment. Manufacturing Manufacturing includes Heavy Engineering Fab Shop catering to Power, Infrastructure, & Chemical Industries.
BUSINESS MIX
Total Income INR 21,046 Mn
3 Year CAGR 13.45%
EBITDA INR 1,917 Mn
3 Year CAGR 10.55%
EBITDA Margin
9.11%
PAT INR 400 Mn
3 Year CAGR 16.96%
PAT Margin 1.90%
FY17 STANDALONE FINANCIALS
Company at a Glance 4
• Sunil Hitech Engineers Limited (SHEL), is among India’s leading Engineering, Procurement and Construction companies.
• The company has vast experience extending to roads and bridges, power sector, civil engineering projects ,construction and urban buildings infrastructure .
• In Power projects, SHEL has extensive experience and provides design, manufacturing, supply, erection, testing and commissioning of BOP & EPC assignments.
• In Road projects the company is qualified for Road EPC projects from NHAI and MORTH for 2/4/6 lanes projects up to INR 1,200 crs and BOT & Annuity Projects up to INR 1,500 crs.
• In Buildings construction, SHEL provides Building Construction services for Hospitals, National Institutions, Government Housing projects, industrial, commercial buildings, hostels, industrial sheds etc.
• The company has also forayed into EPC for various high growth sectors like River Linking , Railways, Water and Sewage Management.
• The company also does Operation, Overhauling and Maintenance (renovation and modernization) of Power plants and Steel plants up to 800 MW.
• SHEL also has a manufacturing arm for heavy engineering equipments in Power, Infrastructure, Process & Chemical Industries.
Standalone Financial Performance (INR Mn)
FY13 FY14 FY15 FY16 FY17
11,051
14,422
16,652 18,418
21,046
1,3
16
1,4
19
1,5
95
1,9
08
1,9
17
27
9
25
0
36
9
48
1
40
0
Income EBITDA PAT
Key milestones 5
1984
Initial 10 years struggle and then received the first major order from BHEL at Chandrapur of INR 2.4 crs
*1.64 *10 *133 *36 *320
1994
Mr. Ratnakar M Gutte started
business under the name “Sunil
Engineering Works”
"Sunil Hitech Engineers Pvt Ltd" incorporated vide registration No.
11-155155 dated 29/05/1998
1998 2004
Crossed Revenue of INR 100 crs, Listed on
BSE & NSE with 9 times over
subscription of IPO
2006
Major work order from NTPC of INR 34
crs.
2008
QIP of INR 81 crs in January 2008; Diversified in T&D
segment & manufacturing through Seam Industries Ltd
& OHSAS 18001-2007 Certification dated
29/04/2008
* These are consolidated no's
Revenue* (INR Cr)
First BOP job worth INR 487 crs; Civil & Structural
job of 660 MW & 600 MW from L&T and Avantha
Power worth INR. 700 crs
2010 2012
Bagged first Institutional Buildings
order from PWD - Punjab for construction of Central Sudhar Ghar
worth INR 350 crs
2013
Erection of 800 MW Doosan Boiler
2014
Commissioned the pilot 5 MW Solar
Power EPC Project through a Wholly
Owned Subsidiary for gaining EPC experience
2015
Foray into EPC Road business with World
Bank funded orders in the state of WB, Bihar and Karnataka worth
INR 900 crs for NHAI/MORTH
2016
Further strengthened Buildings portfolio by bagging largest Housing Sector order from
Bihar state worth INR 415 crs & UPRNNL Firozabad medical
college order for INR 130 crs.
*2,035 *1,854 *1,262 *777 *1,584 *977
*617
2003
ISO 9001-2008 Certification
dated 28/03/2003
2009
First of its kind Civil, Structural &
Architectural Work Project from BHEL worth INR 235 crs
Bagged more than INR 2,078 crs of road EPC
contract including HAM of INR 982 crs.
Standalone Topline crossed INR 2000 crs.
2017
*2,573
Board Of Directors 6
Mr. Sunil Gutte is the Chairman and Managing Director of Sunil Hitech Engineers Ltd. He has completed his Mechanical Engineering from
Pune University, while adding further to academic qualification with a degree in Family Business Management from the S.P. Jain Institute
of Management, Mumbai and Project Management from IIM, Ahmadabad. At Sunil Hitech, Mr. Sunil Gutte manages Project executions,
administration and control. Under his leadership, Sunil Hitech has become a renowned Engineering, Procurement & Construction (EPC)
Company in India.
Mr. Sunil Gutte Chairman & Managing Director
Mrs. Sudhamati R. Gutte Non Executive Director
Mr Vijay Ratnakar Gutte Whole Time Director
Mr C Venkataramana Whole Time Director
Mr Dilip Y. Ghanekar Independent Director
Mr Sajid Ali Independent Director
Mr Parag Sakalikar Independent Director
Mr S.S. Waghmare Independent Director
Mr M.N. Mohanan Whole Time Director
Mr Anil R. Aurangabadkar Independent Director
Individual Contribution for National Economic & Social Development - 2015-16
Awards and Recognition 7
‘Excellence Award’ – Global Organization
‘Life Time Udyog Achievement Award’ – Economic Growth Society of India
'NCCL Award’ For Outstanding Performance in Industry & Business Sector – Nagpur Chamber of Commerce
‘Marathwada Bhushan Mitra Gaurav Award’ – Chief Minister Honorable Mr. Prithviraj Chavan
‘Great Achiever of Industrial Excellence Award’ – Indian Organisation of Commerce and Industry
Great Achievers Award for Industry Development – 2016-17
2015
2017
Best Safety Performance Award (Momento) and “Excellence in Safety” certificate from NTPC
2015
2015
World Consulting & Research Corporation Leader Award 2015-16
2015
2016
Recognition Awards
2015
2016
‘Fastest Growing Business Excellence Award’ – Indian Organisation for Commerce and Industry
Geographical Presence 8
Projects spanning across the entire country, SHEL has an established presence in the landscape of roads, urban
infrastructure, power and related industries.
Ongoing Projects
Completed Projects
Regional Office (Central) at Nagpur
Registered Office and Corporate Office at Mumbai
Clients 9
Key Strengths 10
• Significant emphasis on improvements in methods and processes for construction and operations.
• To provide a competitive edge we continually refine the frequently used systems at our project sites to derive:
o optimization o reduction in breakdowns o improve effectiveness and efficiency o streamlining processes
• Employed and adapted various specialist technologies and processes in construction projects.
• Proven expertise in: o executing large industrial civil work o construction of National Highways o fabricating, erecting, testing and
commissioning of bunkers , electrostatic precipitators, boilers and turbo generators sets in power plants
o Government Housing Colonies
• Availability of human resources and equipments at key plant locations, providing strategic and competitive edge.
• The plant and equipment are handled in a centralized function.
Research & Development
Plant Base
• An experienced professional senior management team supported by capable professional employees providing:
o strategic direction o manage operations o mitigating risk and challenges
• Over the years built a passionate and well-trained managerial & technical work force.
Technology
Professional Team
Key Accomplishments of FY17 11
Bagged INR 3,857 crs of new orders in FY16-17, taking the order book to INR 5,189 crs as on March 2017, an achievement in a competitive market-place.
1|
Emerged as NTPC’s partner in three of its top five national projects. 2|
3|
4|
Participated in road projects from MORTH & NHAI worth INR 39,500 Mn on EPC Basis & bagged 296 kms of road building projects through 6 EPC contracts of INR 20,780 Mn including HAM project of INR 982 crs.
7|
5| Recruited specialised talent for core managerial positions.
6| Reinforced the business plan to enter synergic sectors through a prudent leverage of our rich civil engineering experience.
Looking to make headway into EPC Business pertaining to Interlinking of Rivers.
Bagged INR 262.50 crs worth of Institutional building projects in Bihar & Uttar Pradesh.
Business Overview
Business Verticals 13
Sunil Hitech Engineers Ltd
Operation
& Maintenance EPC Projects
Roads
&
Bridges
Buildings & Urban Infrastructure
Power
(Structural & Civil)
Manufacturing
(Heavy Engineering)
Business Verticals 14
Order Book Break-up
Gross Order Book as on March 31, 2017 stands at INR 51,892 Mn
Particulars (INR in MN)
Net executable Order Book 51,892
New Orders bagged in H1 12,150
New Orders bagged in H2 26,420
Projects executed in FY16-17 (INR in MN)
Q1 4,440
Q2 4,974
Q3 5,309
Q4 6,182
Total 20,905
Roads, 31,835
Civil and Structural,
10,866
Buildings, 6,301
Others (incl. BoP, O & M),
1,643
Boilers and Auxiliaries,
1,247
• From local Roads to major Motorways, SHEL´s experienced civil engineers have been building sustainable roads and structures for the country´s infrastructure.
• Across the country, execution of some remarkable transportation projects
include: o Construction of Road, Expressways, National Highways and State
Highways with paved shoulder o Major and minor bridges o Rail overbridge and rail underbridge o Toll plaza etc.
• Core strength- Timely delivery, budgeted targets & adhering to international standards of safety & quality.
• Qualified for 2/4/6 lanes Road EPC projects from NHAI and MORTH up to INR 1,200 crs and BOT & Annuity Projects up to INR 1,500 crs.
• Road EPC order book increased from INR 10 crs in 2012-13 to INR 2,078 crs at the close of 2016-17.
• Bagged first HAM Project with Bid Project Cost of Rs. 982 crores.
EPC: Roads & Bridges 15
HAM: Roads 16
Project Name Bodhre-Dhule
Scope of Project
Construct and widen the 2 lane Bodhre to Dhule road section of NH-211 to 4/6 lane.
Lane kms 67.2 kilometres
Authority NHAI
State Maharashtra
Bidder SHEL-Varaha
Promoter’s Stake 70%
Debt Equity Ratio 80:20
Bid Project Cost (BPC) 982 crores
O&M Bid 3 crores p.a
Construction Period 2.5 years
Concession Period 15 years
• According to the awarding activity mentioned below, majority of projects awarded by NHAI during FY17 were on Hybrid Annuity Model (HAM) format-
• 40 EPC projects with length of 1,485km worth INR 159 billion
• 4 BOT projects with length of 422 km worth INR 46 billion
• 38 HAM projects with length of 2,423 km worth INR 385 billion
• According to HAM, the first 40% payment is made as fixed amount in five equal instalments linked to milestones whereas the remaining 60% is paid as variable annuity amount after the completion of the project. Here, the developer usually invests not more than 10-15% of the project cost (as against 40% or more before), while the remaining is raised as debt.
• HAM as a model was brought in keeping in mind the stressed balance sheets of most infrastructure groups which was hampering their participation in the road construction segment, due to their inability to spare equity in new projects.
Going forward, over 80% of the road projects are proposed to be awarded under EPC and HAM routes.
Key Roads Projects
Sr.
No. Name of Client/Nature of Work Client
Contract Value
(INR Crs)
EPC Projects
1 Madhugiri-Mulbagal, Karnataka MORTH 122.00
2 Bankura - Purulia, West Bengal
(COD achieved Six Months ahead of schedule & provisional certificate received from
Authority. Company to get bonus of Rs 9.66 crores)
MORTH 322.02
3 Sitamarhi-Jaynagar-Narahia, Bihar, Lot I MORTH 154.69
4 Sitamarhi-Jaynagar-Narahia, Bihar, Lot II, MORTH MORTH 319.68
5 Hunli-Anini, Arunachal Pradesh, NHIDC NHIDC 434.00
6 Parli-Pimpla-Dahiguda, Maharashtra MORTH 134.45
7 Mehkar-Ajispur, Maharashtra MORTH 160.20
8 Ajanta-Buldhana-Khamgaon-Shegaon-Deori, Maharashtra MORTH 257.40
9 Nanded-Bhokar-Himayatnagar-Kinwat-Sarkhani-Mahur-Arni, Maharashtra MORTH 308.16
10 Kutchery Chowk-Ranchi-Piska More-Biju Para, Jharkhand NHAI 235.90
HAM Project
11 Bodhre-Dhule, Maharashtra NHAI 982.00
17
0
EPC: Power Sector (Structural & Civil) 18
• SHEL entered the Power Sector in 1984 and entered this business vertical mainly in in carrying out the civil works with structures in 2008. Over the years, SHEL has completed projects up to 46,129 MW by FY17 year end.
• The BoP (Balance of Plant) and EPC (Engineering, Procurement and Construction) services for power plants account for the largest proportion of the Company’s revenues.
• For BoP & EPC assignments SHEL provides: o Designing and Manufacturing o Supply and Erection o Testing and Commissioning
• Specialises in setting up EPC / turnkey projects (up to 660 MW), which includes erecting boilers, Turbine Generators and auxiliaries, Transmission & Distribution projects etc.
• This end-to-end presence of SHEL has cemented its reputation as one of the most reliable names these segments.
• SHEL’s strength lies in creating a synergy with renewable and alternate sources of power resulting in leadership position in design, procurement, and construction of thermal and nuclear-fuelled power plants.
• As a pilot, SHEL commissioned & owned a 5-megawatt Solar EPC project in Solapur (undertaken through a 100%-subsidiary) for getting qualification in EPC contracts.
Key Projects in Power Sector
1. Koradi – MAHAGENCO – Civil, Structural & Arch works of
3x660MW Main plant package – CV INR 215 Crs
2. DB Power – Raigad, CG – Civil, Structural & Arch works of
2x600MW Main plant & BOP Pkg – CV INR 170 Crs
3. NTPC Kudgi – Construction of Ash Dyke for 3x800MW
– CV INR 183.02 Crs
4. NTPC Meja – CW & Make up water system package of 2x660MW
– CV INR 174.90 Crs
5. MAHAGENCO Parli – Balance of Plant (BOP) Package on EPC Basis
– CV INR 487 Crs
6. BHEL North Karanpura – Main plant Civil works package of Unit-1
& 3, 3x660MW – CV INR 200 Crs
7. ACPL/Abir Singhi Rtarai Erection Testing & Commissioning of
boilers for 2x600 MW– CV INR 130 Crs
EPC: Buildings 19
• SHEL entered the buildings space by providing constructions services for Public Works Department (PWD) and other Govt. departments. We provide EPC services for:
o Hospitals o National Institutions o Government Housing projects o Industrial o commercial buildings o Hostel o industrial sheds etc.
• Focus would be on Institutional Buildings like IITs, IIMs, AIIMS, Administration Building etc.
• SHEL has successfully executed single building projects worth INR 180 crs in last 2 years for PWD.
• SHEL is qualified for up to INR 500 crs for single project which would entail higher margins for lower competition.
Key Projects in Buildings
1) Kanpur- KDA - Construction of EWS Houses – CV INR89.38 Crs
2) Singreni- SCCL - Construction of Staff Quarters, GM Bungalow at Singareni TPP – CV INR 92.29 Crs
3) Bihar- BSHB - Construction of 1054 Flats at Dalpatpur (G+11) – CV INR 415.48 Crs
4) Firozabad- UPRNNL - Construction of Medical college buildings – CV INR 130.00 Crs
5) Bathinda & Govindval- Construction of Central Sudhar Griha – CV INR 350.00 Crs
Operation & Maintenance 20
• Over the years SHEL has made strong inroads for Power and Steel plants in providing permanent solutions to:
o Operation o Overhauling o Maintenance (renovation and modernization)
• The Company has evaluated the best team of skilled technicians and qualified engineers.
• The service portfolio covers the entire spectrum of operation and maintenance of a plant including:
o Boilers, Turbine Generators and auxiliaries
o Repair, modification and rehabilitation for utility boilers up to 800 MW
o Pressure plants, milling system, rotating parts and ducting
o High Pressure/Low Pressure piping works
o Coal Handling Plants(CHP) and Ash Handling Plants(AHP)
Manufacturing segment includes Design and Supply of:
o Super heater and re-heater coils
o Economizer and LTSH coils
o Water wall panels
o High pressure parts bend
o Structure of TG, bunkers and boilers
o Technological structures for power and process industry
o Tanks and vessels
o Piping
o Boiler pressure parts tubes up to 800MW
o Collection and emitting electrodes of ESP
o Air register assemblies
o Railway Over Bridge
o Girders
Manufacturing - Heavy Engineering 21
Key Projects in Heavy Engineering
1) NTPC Mauda, Nagpur 660MW
2) NTPC Barh, Patna 3*660MW
3) NTPC Meja, UP 660MW
4) STPS Neyveli, Tamil Nadu 660MW
5) STPS Hardua Ganj, UP 660MW
6) PATH India Ltd, ROB (Road over Bridge), NH7
7) IL & FS Engineering, RUB (Road under Bridge) Solapur
Industry Overview
Industry Overview: Ocean Of Opportunity 23
1. The Bharatmala project has been launched as an umbrella program with primary focus on optimizing the efficiency of the movement of goods and people across the country, with estimated project cost of INR 5.4 trillion to build 34,800km of roads of which phase I includes projects worth INR 3.5 trillion (24,800 kms). Investment programs worth INR 7 trillion have been identified, ensuring a strong pipeline of projects.
2. In addition NHAI plans to build 50,000 kms of roads worth USD 2,500 million by 2022 as part of a long-term goal of doubling the length of the national highway network to 2,00,000 kilometers.
3. The Ministry has targeted awarding 30,000 kilometres and constructing 15,000 kms of national highways during 2017-18 that translates into 41 kilometres of road construction daily.
4. Affordable housing has been given Infrastructure status. The Central Government is targeting the completion of 10 Mn houses by 2019.
5. Under the Pradhan Mantri Krishi Sinchayee Yojana, the central government has announced INR 6,00,000 Mn to the Maharashtra government for interlinking its rivers and for irrigation projects in the next two years.
6. 70 New Tenders in Maharashtra alone worth INR 2,00,000 Mn.
Growing opportunities
1. Present executable order book of about INR 47,965 Mn across sectors as on 30th September,2017.
2. Plans to actively bid for road EPC/ HAM/ Institutional Building Projects.
3. The company will be actively participating in projects in the ambitious Bharatmala project of the government.
4. Participated in road projects from MORTH & NHAI worth INR 39,500 Mn on EPC Basis & awarded 296kms of road building through 6 EPC contracts of INR 20,780 Mn
5. SHEL has received LoA for Four / Six Laning of Bodhre to Dhule stretch of new NH - 52 from NHAI in Maharashtra under the Hybrid Annuity Model (HAM) of INR 9,820 Mn.
6. Bagged a project for Construction of Medical College at Firozabad of INR 1,301 Mn.
7. The company plans to participate in the river interlinking projects announced by the government under the Pradhan Mantri Krishi Sinchayee Yojana.
8. The Company to focus on increasing its existing O & M business, both in India and abroad as there are good opportunities and better margins.
SHEL’s presence
Financial Overview
Standalone Income Statement 25
Particulars (INR Mn) FY14 FY15 FY16 FY17 H1-FY18
Total Income(incl. other income) 14,422 16,652 18,418 21,046 10,588
Operating Expenses 13,003 15,057 16,510 19,129 9,509
EBITDA 1,419 1,595 1,908 1,917 1,079
EBITDA Margin (%) 9.84% 9.58% 10.36% 9.11% 10.19%
Finance Cost 770 778 857 964 173
Depreciation 244 259 319 329 499
Profit Before Tax 405 558 732 624 407
Taxation 155 189 251 224 145
Profit After Tax 250 369 481 400 262
PAT Margin (%) 1.73% 2.21% 2.61% 1.90% 2.50%
Diluted EPS (INR) 20.28 24.82 1.44* 1.06 0.69
* Stock split & Bonus issue in FY 16-17
Consolidated Income Statement 26
Particulars (INR. Mn) FY14 FY15 FY16 FY17
Total Income(incl. other income) 15,844 18,543 20,355 25,729
Operating Expenses 14,218 16,645 18,154 23,573
EBITDA 1,626 1,897 2,201 2,156
EBITDA Margin (%) 10.26% 10.23% 10.81% 8.38%
Finance Cost 862 894 984 1,109
Depreciation 283 308 368 382
Profit Before Tax 481 695 850 665
Taxation 184 237 291 259
Profit After Tax 297 458 558 406
PAT Margin (%) 1.84% 2.44% 2.74% 1.58%
Diluted EPS (INR) 23.71 36.24 1.60* 1.04
* Stock split & Bonus issue in FY 16-17
Standalone Balance Sheet 27
Particulars (INR Mn) FY14 FY15 FY16 FY17 H1-FY18 Particulars (INR Mn) FY14 FY15 FY16 FY17 H1-FY18
EQUITIES & LIABILITIES Assets
Shareholder Funds Non-current Assets
(a) Share Capital – Equity 136 153 173 378 378 Fixed Assets
(b) Reserves & Surplus 2,992 3,426 3,970 4,253 4,990 (a) Tangible Assets 1,093 1,282 1,544 1,637 1,660 (c) Money Received against Share Warrants
30 62 - 48 - (b) Intangible Assets 33 22 10 4 4
Total - Shareholder Funds 3,158 3,641 4,143 4,679 5,368 (c) Capital Work-in-progress 73 117 136 - 130 Non-Current Liabilities (d) Non Current Investment 357 500 512 441 459
(a) Long term Borrowings 304 436 405 830 1,108 (e) Long Term Loans & Adv 713 711 359 276 -
(b) Long term Provisions 21 24 14 11 11 (f) other non-current assets - - 285 328 461
(c) Other Long term liabilities 957 1,144 1,069 1,376 1,161 (g) Deferred Tax Assets (net) - - 95 89 92
(d) Deferred Tax Liability -75 -90 - - - (h) Other Financial Assets 297 Total - Non-current Liabilities 1,207 1,514 1,488 2,217 2,280 Total – Non-current Assets 2,269 2,632 2,941 2,775 3,103
Current Liabilities Current Assets
(a) Short-Term Borrowings 3,508 3,363 3,642 3,975 4,033 (a) Inventories 1,395 1,748 2,081 2,555 2,665
(b) Trade Payables 4,774 4,145 4,673 4,861 4,573 (b) Trade Receivables 4,735 3,800 4,951 5,825 5,966
(c) Other Financial Liabilities 1,161 1,224 1,371 1,423 511 (c) Cash & Bank Balances 832 898 1,154 1,578 1,455
(d) Short-term provisions 23 48 43 13 13 (d) Current Investments 2 - - - -
(e) Current Tax Liabilities (Net) - - - - 359 (e) Short-term loans and advances
1,519 1,893 1,229 1,390 -
(f) Other Current Liabilities - - - - 675 (f) Other current assets 3,079 2,964 3,004 3,045 3,080
Total – Current Liabilities 9,466 8,780 9,729 10,272 10,164 (g) Other Financial Assets 1,543
Total – Current Assets 11,562 11,303 12,419 14,393 14,709
GRAND TOTAL 13,831 13,935 15,360 17,168 17,812 GRAND TOTAL 13,831 13,935 15,360 17,168 17,812
Consolidated Balance Sheet 28
Particulars (INR Mn) FY14 FY15 FY16 FY17 Particulars (INR Mn) FY14 FY15 FY16 FY17
EQUITIES & LIABILITIES Assets
Shareholder Funds Non-current Assets
(a) Share Capital – Equity 136 153 173 378 Fixed Assets
(b) Reserves & Surplus 3,299 3,897 4,493 4,770 (a) Tangible Assets 2,036 2,600 2,804 2,743
(c) Money Received against Share Warrants
30 62 48 (b) Capital Work-in-progress
(d) Minority Interest
133 138 175 187 (c) Non Current Investment 410 445 447 308
(e) Share Application Money Allotment
10 - - - (e) Long Term Loans & Adv 228 288 333 294
Total - Shareholder Funds 3,608 4,250 4,842 5,383 (f) other non-current assets 428 441 285 328
Non-Current Liabilities (g) Deferred Tax Assets (net)
(a) Long term Borrowings 625 991 1,036 1,448 Total – Non-current Assets 3,105 3,774 3,869 3,673
(b) Long term Provisions 26 28 20 15
(c) Other Long term liabilities 1,043 1,204 1,107 1,288 Current Assets
(d) Deferred Tax Liability -64 -81 -84 -79 (a) Inventories 1,788 2,178 2,541 3,028
Total - Non-current Liabilities 1,630 2,142 2,078 2,672 (b) Trade Receivables 5,163 4,302 5,455 6,319
Current Liabilities (c) Cash & Bank Balances 913 1,005 1,242 1,669
(a) Short-Term Borrowings 3,915 3,746 4,242 4,598 (d) Current Investments 3
(b) Trade Payables 5,131 4,383 4,781 4,999 (e) Short-term loans and advances 1,394 1,894 2,050 2,514
(c) Other Current Liabilities 1,251 1,694 2,433 2,691 (f) Other current assets 3,195 3,112 3,263 3,157
(d) Short-term provisions 23 50 43 17 Total – Current Assets 12,456 12,491 14,551 16,687
Total – Current Liabilities 10,320 9,872 11,499 12,305
GRAND TOTAL 15,558 16,265 18,420 20,360 GRAND TOTAL 15,558 16,265 18,420 20,360
Financial Performance 29
PAT (INR Mn) EBIDTA (INR Mn) INCOME (INR Mn)
Book Value per Share (INR) Net Debt Equity (x) RoCE & ROE (%)
9.98 7.99 10.31 11.61 8.54
31.16 33.43 31.95 32.56 28.81
FY13 FY14 FY15 FY16 FY17ROE RoCE
FY13 FY14 FY15 FY16 FY17
1.42 1.22
1.05 1.02
0.69
FY13 FY14 FY15 FY16 FY17
11.4 11.5 11.7
11.9
12.3
FY13 FY14 FY15 FY16 FY17
11,051 14,422
16,652 18,418 21,046
FY13 FY14 FY15 FY16 FY17
279 250
369
481 400
FY13 FY14 FY15 FY16 FY17
1,316 1,419 1,595
1,908 1,917
Disclaimer 30
No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events not current after the date of this presentation. Certain statements made in this presentation may not be based on historical information or facts and may be "forward looking statements" based on the currently held beliefs and assumptions of the management of Sunil Hitech Engineers Limited, which are expressed in good faith and in their opinion reasonable, including those relating to the Company’s general business plans and strategy, its future financial condition and growth prospects and future developments in its industry and its competitive and regulatory environment.
Forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, financial condition, performance or achievements of the Company or industry results to differ materially from the results, financial condition, performance or achievements expressed or implied by such forward-looking statements, including future changes or developments in the Company’s business, its competitive environment and political, economic, legal and social conditions. Further, past performance is not necessarily indicative of future results. Given these risks, uncertainties and other factors, viewers of this presentation are cautioned not to place undue reliance on these forward-looking statements. The Company disclaims any obligation to update these forward-looking statements to reflect future events or developments.
This presentation is for general information purposes only, without regard to any specific objectives, financial situations or informational needs of any particular person. This presentation does not constitute an offer or invitation to purchase or subscribe for any securities in any jurisdiction, including the United States. No part of it should form the basis of or be relied upon in connection with any investment decision or any contract or commitment to purchase or subscribe for any securities. None of our securities may be offered or sold in the United States, without registration under the U.S. Securities Act of 1933, as amended, or pursuant to an exemption from registration there from.
This presentation is confidential and may not be copied or disseminated, in whole or in part, and in any manner.
Valorem Advisors Disclaimer:
Valorem Advisors is an Independent Investor Relations Management Service company. This Presentation has been prepared by Valorem Advisors based on information and data which the Company considers reliable, but Valorem Advisors and 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. Valorem Advisors also hereby certifies that the directors or employees of Valorem Advisors do not own any stock in personal or company capacity of the Company under review.
Valorem Advisors Mr. Anuj Sonpal, CEO Tel: +91-22-49039500
Email: [email protected]
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