Slide 1: Investor Presentation | October 2019
INVESTOR PRESENTATION | October 2019
Slide 2: Disclaimer
DISCLAIMER This presentation and the accompanying slides (the “Presentation”), which have been prepared by Vascon Engineers 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 sec
Slide 3: Highest-ever order-intake in YTD FY20
HIGHEST-EVER ORDER-INTAKE IN YTD FY20 EPC Business- External Order-Intake Order Intake (In Rs. Cr.) 1,407 Bangalore Metro Rail Corporation, 160 Karnataka Public Works Department, Raipur, 506 Chhattisgarh Maharashtra State Police Housing & 465 Welfare Corporation Ltd. 467 Pune Municipal Commission 10
Slide 4: Key Highlights
KEY HIGHLIGHTS EPC Business Real Estate Business Rs 2,042 Cr Rs 1,917 Cr Rs 125 Cr Witnessing decent traction in sales of Good Life & Windermere projects Total Order Book External Orders Internal Orders New Sales booking of 64,383 sqft for a total Order Intake of Rs 1,407 Cr in YTD FY20 sales value
Slide 5: P&L Highlights - Q2 & H1 FY20
P&L HIGHLIGHTS- Q2 & H1 FY20 Standalone Consolidated Particulars (Rs. Crs) Q2 FY20 Q2 FY19 H1 FY20 H1 FY19 Q2 FY20 Q2 FY19 H1 FY20 H1 FY19 Revenue 76.96 69.65 172.59 163.53 121.34 117.27 252.02 254.24 Other Income 2.23 11.98 12.14 16.1 2.69 13.13 13.49 19.84 Total Income 79.19 81.63 184.73 179.63 12
Slide 6: Segmental Profit & Loss - After Allocation
SEGMENTAL PROFIT & LOSS - AFTER ALLOCATION Particulars (Rs. Cr) RE# EPC## GMP Inventorised Total Revenue 69.2 115.13 78.88 263.21 Cost of Sales 53.98 86.64 46.79 0.33 187.74 Gross Profit 15.22 28.49 32.09 75.47 Gross Profit Margin % 22% 25% 41% 29% Other Income 4.63 7.35 2.27 14.25 Employee Cost 6.6
Slide 7: Balance Sheet
BALANCE SHEET Rs. Crs Sep– 19 Mar– 19 Rs. Crs Sep– 19 Mar– 19 Non-current assets 350.64 345.39 Shareholder’s Fund 711.39 699.59 Fixed assets 113.64 114.26 Share capital 178.14 178.14 Other Equity 523.64 512.1 Financial Assets 190.85 187.19 Non Controlling Interest 9.61 9.35 Other Non Current assets,
Slide 8: Vascon – At Present
VASCON – AT PRESENT ENGINEERING PROCUREMENT & CONSTRUCTION One of the leading EPC Company in India REAL ESTATE DEVELOPMENT Focus on Affordable Housing 8
Slide 9: Engineering Procurement & Construction
ENGINEERING PROCUREMENT & CONSTRUCTION
Slide 10: EPC Business
EPC BUSINESS Construction Experience across various verticals Executed over 200 projects with construction area of over 50 msft Ability to execute around 8 msft per annum Currently executing around 3 msft p.a. – operating at 40% utilization Number of Personnel in Project / Engineering team
Slide 11: Marquee Clients
MARQUEE CLIENTS MAINTAINING CONSISTENT QUALITY STANDARDS ENSURING REPEAT ORDERS 11
Slide 12: Order Book Build-up
ORDER BOOK BUILD-UP (In Rs. Cr) RECEIVED ORDER WORTH RS. 1,407 CRORE SINCE THE BEGINNING OF THE CURRENT FINANCIAL YEAR 2,042 1,066 1044 515 FY17 FY18 FY19 Current Order Book EXECUTION OF NEW ORDERS TO IMPROVE REVENUE & CAPACITY UTILISATION… LEADING TO BETTER OPERATING MARGINS 12
Slide 13: Existing Order Book
EXISTING ORDER BOOK Project Location Amt (Rs. Cr) External Order book PWD, Raipur Raipur 505 Maharashtra State Police Housing Mumbai 465 Tycoon Mumbai 168 Bangalore Metro Rail Corporation Bangalore 160 Adhiraj Mumbai 117 PMC-Affordable Housing Pune 103 Kailash Enclave Lucknow 79 Adampur Airport Adam
Slide 14: Ready to Capitalize on the Growth Opportunities
READY TO CAPITALIZE ON THE GROWTH OPPORTUNITIES Housing for all 2022 Education & Hospitality 1. Government focus on developing Educational Institutions 1. Opportunity under PMAY(U), Smart Cities, AMRUT, HIRDAY. and Hospitals 2. Housing shortage of 19 million in Urban Areas 2. Higher Education fundin
Slide 15: Government Initiatives in Real Estate Sector
GOVERNMENT INITIATIVES IN REAL ESTATE SECTOR Pradhan Mantri Awas Yojana – Urban - Sanctioned Rs. 4.83 lakh crore for the Construction of over 81 lakh houses, construction started of about 47 lakh houses Pradhan Mantri Awas Yojana – Gramin aims to achieve "Housing for All" by 2022- In Second Phase i.
Slide 16: Real-Estate Development
VASCON — =— — — — == =—= Hil i r. TRE EPEREREREEEEHTTVATET "| REAL-ESTATE DEVELOPMENT
Slide 17: Real Estate Business
REAL ESTATE BUSINESS BRAND EQUITY Landmark developments (Windermere, Forest County and Willows) have established the Brand Vascon in Pune Market END-TO-END CAPABILITIES In-house Design and Construction team gives us a unique advantage over other Real Estate Developers LOW OPERATING COST Flat organiz
Slide 18: Successfully Launched Real Estate Projects
SUCCESSFULLY LAUNCHED REAL ESTATE PROJECTS Dev. Area REAL ESTATE SALES (RS CR) Projects Launch Status (msft) Forest Edge (JV) A 0.08 Jan-18 Fully sold 272 Forest Edge (JV) B 0.08 Sep-19 12% sold 197 Windermere (JV)# 0.38 Mar-18 55% sold Vascon Goodlife – Value Home 57 0.3 May-18 60% sold (Own) Fores
Slide 19: Current Real Estate Projects Under Development
CURRENT REAL ESTATE PROJECTS UNDER DEVELOPMENT Total Vascon Share Project Name Location Vascon Share Project Area Rev. Sale Value Collection Sale Value Collection Area Sold Recognized Type Share msft msft Rs. Cr Rs. Cr Rs. Cr Rs. Cr Rs. Cr Forest Edge (A&B) Pune JV 50% 0.16 0.09 60 32 30 16 - Forest
Slide 20: Real Estate Projects Pipeline
REAL ESTATE PROJECTS PIPELINE Expected Sales Sr. No. Projects Type Segment Saleable Area Value msft (Rs. in Cr) 1 Coimbatore JDA Residential 0.33 179 2 Madurai JDA Residential 0.49 220 3 Bavdhan - Comm JDA Commercial 0.23 158 4 Willows - Comm JV Commercial 0.23 191 5 4 Acre HDH JV Residential 0.35 2
Slide 21: Thank You!
THANK YOU! Mr. Punit Bhayani Mr. Gauranh Vasani/ Ms. Hina Agarwal punit@vascon.com vgaurang@stellar-ir.com hina@stellar-ir.com Vascon Weikfield Chambers, Pune - 411014 Kanakia Wall Street, Andheri (East), Mumbai 400 093