Power Mech Projects Ltd. · NSE:POWERMECH
Power Mech Projects — Investor Presentation (March 2021)
38 slides from Power Mech Projects's investor presentation, Mar 5, 2021
Slide 1: Power Mech Projects Limited Investors Presentation – March 2021
Power Mech Projects Limited Investors Presentation – March 2021
Slide 2: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Power Mech Projects Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any s
Slide 3: Power Mech at a Glance
Power Mech at a Glance A leading Industrial Services and Construction Company providing versatile and comprehensive service in power and infrastructure sector Established in 1999 by Mr. S. Kishore Babu, Largest O&M service provider in India, 110 a technocrat and first generation On-going projects in
Slide 4: Mission & Vision
Mission & Vision Mission To be the best and most competitive industrial and infrastructure engineering, construction & services Company. Vision To provide services with: • Highest level of workmanship, exemplary speed by continuously enhancing organizational skills through innovation & teamwork. • H
Slide 5: Journey of 3 decades
Journey of 3 decades First Decade Second Decade Third Decade of Marching Forward • Power Mech story began in 1999 • Became ‘service provider of choice’ for large customer base • Non-power sector key for growth with investments of Rs. and registered a revenue of Rs. 1,000 Crores in FY14 111 Lakh Cror
Slide 6: Major milestones and achievements
Major milestones and achievements • Entered Oman, Saudi Arabia, Bahrain & Nigeria • Major orders in Super Critical Projects, • First O&M project (Public Sector)- Singareni Erection, Structural Fabrication work, Collieries Sepco, Adani, BGR, CLP • Completed international projects at Shuqaiq, • First
Slide 7: Established Track Record
Established Track Record 1.75 Lakhs MT 4 lakhs m3 36.74 kms 300 24 lakhs MT Erection works executed till now Railway track doubling In-house Cranes & other Structural fabrication works Earth work completed under works at Vijaywada- construction equipment’s for completed Railway Project Gudiwada comp
Slide 8: Business Overview
Business Overview Industrial Services (O&M) Provide comprehensive & integrated Operation & Maintenance (O&M) services in mechanical, electrical & C&I front under one roof. Overhauling and Maintenance of Boiler, Turbine & Auxiliaries, R&M of BTG, GTG, CHP, BOP. Repair, Modification and Rehabilitation
Slide 9: Growth Opportunities
Growth Opportunities Industrial Construction Infrastructure Construction • Dominant role in ETC business of new projects in pipeline of about 8,000 MW in coal- • Focusing on available new power plants opportunities of 8,000 MW of civil works based plants. • Ongoing investments of Rs. 1.6 lakh Crores
Slide 10: Growth Opportunities
Growth Opportunities Electrical Transmission & Distribution Hydro Power & Water • Rs. 2.86 lakh Crores schemes aimed at ensuring continuous power supply to all residents • Opportunities of around Rs. 9.25 Billion in Electro-Mechanical packages, Rs. 22.86 Billion involves adopting models such as priv
Slide 11: Key Drivers for Growth
Key Drivers for Growth Impressive progress in the Steel, Petrochemical, Irrigation sectors. Going forward, there will be a healthy competition between these segments for superior showing 01 in revenue shares of the Company. Non-power sector is the key for charting the Company’s growth in view of The
Slide 12: Company’s Strengths
Company’s Strengths Huge Asset Base with over 300 Very strong cross functional teams Comprehensive service provider cranes and other construction across Business Development, in Power and Non-Power Sector equipment’s Operations, Finance, Execution, Project and Construction Management Strong supply c
Slide 13: Project Management Infrastructure
Project Management Infrastructure Primavera, MS Project Large construction Application & Integrated Project equipment base Management Approach 10,645 HR Base Engineers, Supervisors, SAP Site level, Support Technicians, HSE, FQA functions Productivity Other Staff Capability Centres, Construction, Qua
Slide 14: Business Strategy
Business Strategy Expanding the services footprint & leveraging technical expertise to target higher margin contracts Backward and Has been at core for business consolidation and growth, forward & this motto continues to drive integration future endeavours In domestic sector of IPP base, Utility sec
Slide 15: Expansion of O&M into other sectors and horizons
Expansion of O&M into other sectors and horizons Expanding of O&M service into other sectors & new horizons - O&M (AMC, R&M, Troubleshooting) Thermal (Domestic) Fully & Gas Power Developed Partially Developed To be Steel Developed Exports (Thermal) Refinery & Petro Ports Chemicals O&M Hydro Captive
Slide 16: Global Footprint
Global Footprint “ Global Presence. Indian Roots. Power Mech‘s expertise across SBUs has helped it diversify across geographies, hedging risks, protecting margins and enhancing revenue visibility. The Company's strengthened pre-qualification capability has helped widen its international presence. Mo
Slide 17: Domestic Clients
Domestic Clients Established Relationships with Clients – Domestic Projects Central Organization for Railway Electrification (CORE) 17
Slide 18: International Clients
International Clients Established Relationships with Clients – International Projects 18
Slide 19: Board of Directors
Board of Directors Sajja Kishore Babu, CMD Sajja Lakshmi, Non-Executive Director Founder of the company holds bachelor’s degree She is a science graduate and holds place in HR in Mechanical Engineering. He has 35 years of management of the company & also member of experience in power and infra secto
Slide 20: Professional and Experienced Management
Professional and Experienced Management S Kodandaramaiah, Director – Business Development M. Rajendran, COO Post-Graduate in mechanical engineering. More than 4 decades of Degree in Civil Engineering. He has more than 38 years of experience in power and industry sector related to EPC, experience in
Slide 21: Ownership Summary
Ownership Summary Shareholding Pattern Key Shareholders S No Name Shares Category Percentage 0.66 1.53 2.78 2.73 3.71 1 Promoters & Family 92,83,955 Promoter 63.11% 7.21% 9.63 2 HDFC Small Cap Fund 1,03,126 MUT 6.82% 3 IDFC Flexi Cap Fund 4,13,625 MUT 2.81% 4 Banyan Tree Growth Capital II LLC 3,56,0
Slide 22: Financial Performance
l 1,000 Financial rfo rma ance Power Mech” Growth Unlimited
Slide 23: Quarterly Performance Analysis
Quarterly Performance Analysis Total Revenue Mix (Rs. Crores) EBITDA (Rs. Crores) & EBIDTA Margin 518 40 10 6.1% 133 20 31 5 348 293 0 0 88 184 -12 60 74 101 -20 -40 -5 -4.3% 120 171 -40 -10 Erection Works 146 Civil Works 19 20 3 11 11 19 -60 -11.6% -15 Q1FY21 Q2FY21 Q3FY21 O&M * Q1FY21 Q2FY21 Q3FY2
Slide 24: 9MFY21 Performance
9MFY21 Performance Total Revenue Mix (Rs. Crores) EBITDA (Rs. Crores) 1,576 250 1.0 560 1,142 200 0.8 281 150 0.6 429 100 212 358 0.4 50 474 438 0.2 Erection Works 0 -21 9 105 16 50 -50 0.0 Civil Works 9MFY20 9MFY21 O&M* 9MFY20 9MFY21 Electrical Total Revenue Mix (%) PAT** (Rs. Crores) Others 100 0
Slide 25: Consolidated Profitability Statement – Quarter & YTD
Consolidated Profitability Statement – Quarter & YTD Particulars (Rs. Crores) Q3FY21 Q3FY20 YoY Q2FY21 QoQ 9MFY21 9MFY20 YoY Revenue from Operations 508 546 -7% 345 47% 1129 1570 -28% Other Income 9 2 2 13 6 Total Revenue 518 547 -5% 348 49% 1142 1576 -28% Material Consumed 77 67 46 157 223 Contract
Slide 26: Historical Performance
Historical Performance Total Revenue Mix (Rs. Crores) EBITDA Margins continue to remain healthy 13.5% 12.9% 13.4% 13.4% 12.9% 2,275 2,174 400 Rs. 1.0Crores 744 749 1,555 305 0.8 1,384 1,346 300 280 648 209 0.6 644 843 617 200 187 174 799 343 0.4 205 100 204 0 566 648 0.2 Erection Works 375 7 486 518
Slide 27: Consolidated Profitability Statement
Consolidated Profitability Statement Profit and Loss (in Rs. Crs) 9MFY21 FY20 FY19 FY18 FY17 FY16 Revenue from Operations (Net of Excise) 1,129 2,165 2,261 1,548 1,338 1,378 Other Income 13 9 14 7 8 6 Total Revenue 1,142 2,174 2,275 1,555 1,346 1,384 Material Consumed 157 312 330 188 122 115 Contrac
Slide 28: Consolidated Balance Sheet
Consolidated Balance Sheet Assets (Rs. in Cr) Sep-20 Mar-20 Mar-19 Mar-18 Mar-17 Mar-16 Equity & Liabilities (Rs. in Cr) Sep-20 Mar-20 Mar-19 Mar-18 Mar-17 Mar-16 Non - Current Assets 525 516 532 450 458 434 Total Equity 871 959 828 712 623 556 Property Plant & Equipment 161 176 187 200 203 195 Shar
Slide 29: Consolidated Cashflow Statement
Consolidated Cashflow Statement Particulars (Rs. in Cr) H1FY21 FY20 FY19 FY18 FY17 FY16 Net Profit Before Tax -114 168 206 130 100 116 Adjustments for: Non -Cash Items / Other Investment or Financial 58 108 52 73 69 67 Items Operating profit before working capital changes -56 277 258 203 169 183 Cha
Slide 30: Strong Order Inflow
Strong Order Inflow Rs. Crores 4,638 2,771 2,836 2,106 1,952 1,538 1,795 FY16 FY17 FY18 FY19 FY20 9M FY21 As on 03-03-2021 Erection O&M Electrical Works Civil & Other Works 0.0% 19.6% 16.3% 22.8% 27.2% 9.4% 29.2% 29.8% 35.4% 37.1% 35.4% 36.4% 45.4% 9.2% 18.0% 7.4% 12.6% 65.8% 71.2% 4.3% 67.9% 18.0%
Slide 31: Order Back Log
Order Back Log Rs. Crores 8,087 6,285 4,783 4,575 4,268 3,524 3,705 FY16 FY17 FY18 FY19 FY20 9M FY21 As on 03-03-2021* Erection O&M Electrical Works Civil & Other Works 0.0% 25.6% 28.6% 23.7% 26.8% 31.3% 14.3% 37.1% 45.2% 46.5% 46.5% 44.9% 45.9% 48.5% 51.7% 2.1% 9.3% 6.5% 34.0% 4.7% 3.9% 27.1% 17.2%
Slide 32: Our Projects
Power Mech’ Growth Unlimited Our Projects
Slide 33: Industrial Construction: Domestic Projects (Erection, Testing & Commissioning)
Industrial Construction: Domestic Projects (Erection, Testing & Commissioning) 3x660 MW Nabinagar STPP, NPGCL 3x660 MW Barh STPP, NTPC 2x660 MW Suratgarh STPP, RRVUNL Lowering of pipe at Mundra to Kandla pipeline project-90 KM, Adani 2x500 MW Neyveli TPP, NLC 1x660 MW Harduaganj TPS, UPRVUNL 5x800 M
Slide 34: Infrastructure Construction: Civil, Architecture & Railway Works
Infrastructure Construction: Civil, Architecture & Railway Works 5X800 MW Yadadri TPS, TSGENCO 1x800 Mw TPSS, North Chennai, TNNGEDCO 1X660 MW Bhusawal TPS at Maharastra- MAHAGENCO Construction of Roadbed, Major and Minor Bridges, Track Linking, Gudivada - Machilipatnam section -RVNL AMTZ- Infrastru
Slide 35: Overseas Business
Overseas Business 4X660 MW Shuqiaq SSPP, KSA 25 MW,Ray Project-RAY International LLC, Oman 1,516 MW IBRI IPP, SEPCO – 3, Oman 2X660 MW at Rampal, Maitree, (Completed Project) (Completed Project) Bangladesh-BIFPCL 1,800 MW Alba PS5 CCPP, Bahrain 1,390 MW Waad Al Shamal ISCCPP, GE, KSA 1,519 MW Fadhil
Slide 36: Operations & Maintenance (O&M)
Operations & Maintenance (O&M) Siemens -138 MW Gas Turbine Paguthan TG Overhauing 600 MW Jharsuguda Vedanta Bearing Diassembly At NTPC-Simhadri Control & Stop Valves Overhauling Sipat 660 MW Capital Overhauling of Turbine 63 MW, SV HP Heater Replacement 800 MW, CGPL Cuplock Scaffolding Erection 800
Slide 37: Manufacturing Facility, Hydro Power & Water
Manufacturing Facility, Hydro Power & Water 27.5 MLD STP, Networking at Palwal, Railway – Axil Box Housing Fibrizer Rotor - Triveni Engineering Implementation of Hydro Electric Project, 2 MCPALWAL MW at Upper Kallar, KSEB Implementation of Hydro Electric Project Head stock - ISGEC Heavy Engineering
Slide 38: Thank You
Contact Us For further information, please contact: Company Investor Relations Advisors CIN: L74140TG1999PLC032156 CIN: U74140MH2010PTC204285 Mr. Mohith Kumar Khandelwal Mr. Jigar Kavaiya / Mr. Aakash Mehta +91-40-30444418 / +91 9885149418 +91 99206 02034 / +91 98191 78243 Email: cs@powermech.net ji
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