J. Kumar Infraprojects Limited — Interim / Quarterly Report 2020

Feb 11, 2020

Regd. Off.: 16-A, Andheri Industrial Estate, Veera Desai Road, Andheri (W), Mumbai - 400053. INDIA Ph.: +91-22-6774 3555. Fax+91-22-2673 0814. E-mail: info@jkumar.com Website: www.jkumar.com CIN No.: L74210MH1999PLC122886

11th February 2020

The General Manager Department of Corporate Services, Bombay Stock Exchange Limited P J Towers Dalal Street Mumbai - 400 001

The Manager Listing Department The National Stock Exchange of India Limited Bandra Kurla Complex Mumbai - 400051

Sorip Codo: JKIL/532040

SUB: Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 ('Listing Regulations")

Pursuant to the provisions of Regulation 30 of the Listing Regulations, please find enclosed herewith the press release for the Un-Audited Financial Results of the Company for the quarter and year to date ended 31st December 2020.

We request you to kindly take note of the same.

Thanking You.

Yours faithfully.

For J. Kumar Infraprojects Limited

Pouroing Poornima Reddy Company Secretary

TM

Investor Release

Strong overall Performance in Q3 FY20 & 9M FY20 Revenue from Operations for Q3FY20 at ₹ 7,930 mn, a growth of 16% Y-o-Y EBIDTA ₹ 1,180 mn, a growth of 6% Y-o-Y

PAT grew by 26% Y-o-Y to ₹ 557 mn

Order Book at ₹ 1,24,433 mn

Mumbai, February 11, 2020: J. Kumar Infraprojects Limited (JKIL), a pure play EPC company having a niche in construction of Urban Infra Projects including Metros, Flyover, bridges etc. today announced its Unaudited Standalone Financial results for the quarter and nine months ended December 31, 2019.

Key Financial Highlights are as follows:

Particulars (₹ In Mn)	Q3 FY20	Q3 FY19	Y-O-Y	9M FY20	9M FY19	Y-O-Y	FY19
Revenue from Operations	7,930	6,860	16%	20,928	18,191	15%	27,871
EBIDTA	1,180	1,113	6%	3,370	3,022	11%	4,363
EBIDTA Margin	14.9%	16.2%		16.1%	16.6%		15.7%
PBT	740	673	10%	1,930	1,808	7%	2,683
PBT Margin	9.3%	9.8%		9.2%	9.9%		9.6%
PAT	557	442	26%	1,525	1,198	27%	1,771
PAT Margin %	7.0%	6.4%		7.3%	6.6%		6.4%

Performance highlights for Q3 FY20 & 9M FY20

Revenue from Operations for Q3 FY20 grew by 16 % to ₹ 7,930 mn as compared to ₹ 6,860 mn in Q3 FY19. Revenue from Operations for 9M FY20 grew by 15 % to ₹ 20,928 mn as compared to ₹ 18,191 mn in 9M FY19.

EBIDTA for Q3 FY20 grew by 6 % to ₹ 1,180 mn as compared to ₹ 1,113 mn in Q3 FY19. EBIDTA for 9M FY20 grew by 11 % to ₹ 3,370 mn as compared to ₹ 3,022 mn in 9M FY19.

PBT for Q3 FY20 grew by 10% to ₹ 740 mn as compared to ₹ 673 mn in Q3 FY19. PBT for 9M FY20 grew by 7% to ₹ 1,930 mn as compared to ₹ 1,808 mn in 9M FY19.

PAT for Q3 FY20 grew by 26% to ₹ 557 mn as compared to ₹ 442 mn in Q3 FY19. Diluted EPS (not annualised) for Q3 FY20 stood at ₹ 7.36 per equity share as compared to ₹ 5.84 per equity share for Q3 FY19. PAT for 9M FY20 grew by 27% to ₹ 1,525 mn as compared to ₹ 1,198 mn in 9M FY19. Diluted EPS (not annualised) for 9M FY20 stood at ₹ 20.16 per equity share as compared to ₹ 15.83 per equity share for 9M FY19.

Our Total Order book as on December 31, 2019 stood at ₹ 1,24,433 mn. The order book inter alia includes Metro projects (elevated and underground) contributing ~ 55%, while Flyover & bridges projects contributes ~38%.

On the performance Mr. Kamal Gupta, Managing Director commented, "We are happy to maintain consistent growth momentum in Revenue and Profitability despite challenging environment. We are delighted to report yet another remarkable quarter as we clocked 16% YoY growth in our Revenue from Operations and 26% in PAT. Our careful project selection criteria, strong bidding and estimation capabilities, efficient project planning and management coupled with asset ownership are key to our success. Our robust and well diversified order book gives us confidence to deliver our growth targets in the foreseeable future.

As a pure play EPC Company, we have developed a niche in construction of Urban Infra Projects including Metros, Flyover, bridges etc. The Mumbai Metro project awarded to us is on track. As an EPC company with operational focus, well trained employees and equipment ownership, experienced management team supported by strong middle management, we have developed strong qualifications capabilities. We have made steady investment in people, equipment, technology and systems, strengthening business sustainability.

With our expertise and track record, we are hopeful of being awarded more such Urban Infra Projects across the country. The recent Union budget had laid emphasis on Urban Infrastructure and increased budgetary allocation. At JKIL, we are all geared to Capitalise on Opportunity of huge Infrastructure development in Country. We will continuously explore growth opportunities. With the sustained order inflow and our expertise in executing and delivering projects on time we are optimistic that we shall witness a healthy and sustainable growth."

About J. Kumar Infraprojects Limited

J. Kumar Infraprojects Ltd, is one of the few EPC companies to conform to ISO standards "ISO 9001:2015, ISO 14001:2015 & OHSAS 18001:2007" for Quality Management Systems, Occupational Health and Safety Management System and Environmental Management System. JKIL has developed a niche in construction of Urban Infra Projects including Metros, Flyover, bridges etc. It is renowned for undertaking design and construction projects on a turnkey basis meeting their clients' requirements to effect. JKIL is focused on EPC projects, having strong foothold in various sectors like Urban Infrastructure, Transportation Engineering, Piling & Civil Construction etc.

For more information please visit www.jkumar.com

Safe Harbor Statement

Statements in this document relating to future status, events, or circumstances, including but not limited to statements about plans and objectives, the progress and results of research and development, potential project characteristics, project potential and target dates for project related issues are forward-looking statements based on estimates and the anticipated effects of future events on current and developing circumstances. Such statements are subject to numerous risks and uncertainties and are not necessarily predictive of future results. Actual results may differ materially from those anticipated in the forward-looking statements. The company assumes no obligation to update forward-looking statements to reflect actual results changed assumptions or other factors.

Company	Investor Relation Advisors
J. Kumar Infraprojects Limited	Marathon Capital Advisory Private Limited
Mr. Arvind Gupta	Dr. Rahul Porwal
Designation – CFO
Tel No: +91 22 6774 3555	Tel : +91-22-40030610
Email id: arvind.gupta@jkumar.com	Email : rahul@marathoncapital.in
www.jkumar.com	www.marathoncapital.in