Slide 1: Stock exchange filing cover letter
ईमेल/e‐mail: company.secretary@eil.co.in,दरू भाष /Phone: 011‐26762855/2580 कं पनी सिचवालय/ COMPANY SECRETARIAT सं.सिचव/No. Secy/906/9/10 26.05.2023 The BSE Limited The National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, 5th Floor Dalal Street, Fort Bandra Kurla Complex
Slide 2: Investor Presentation Annual Results FY 22-23
Engineers India Limited Investor Presentation Annual Results : FY 22-23 26th May 2023 Delivering Excellence Through People
Slide 3: Slide for Agenda Items
Slide for Agenda Items Page # 1 Overview of Engineers India Limited 3 2 Track Record and Credentials 12 3 Financials and Order Book Overview 20 4 Major Order secured in FY 2022-23 33 5 Orders in hand 38 6 Outlook 44 Delivering Excellence Through People 2
Slide 4: Overview of Engineers India Limited
1 Overview of Engineers India Limited Delivering Excellence Through People 3
Slide 5: Company Background
Company Background Marquee Projects • India’s leading Engineering Consultancy & EPC -Navratna company Dangote Refinery & Petrochemical • 1965 - Established as a JV between GoI and Bechtel. • 1967 - Wholly owned GoI company • Over 7000 assignments and Project worth over $ 200 Bn executed GGSR Refiner
Slide 6: Evolution & Key Milestones – Over 5 decades
Evolution & Key Milestones – Over 5 decades ⚫ Wholly owned ⚫ Commenced first ⚫ Expansion in ⚫ Diversified into ⚫ Commenced services in ⚫ First refinery consultancy Government of international Hydrocarbons value Infrastructure in sub-surface crude project in Mongolia under LOC India (GoI) assignment
Slide 7: Lines of Business
Lines of Business Fertilizer & Mining & Oil & Gas/ SPR Bio-fuels Gas/LNG Infra Gasification Metallurgy Water & Waste Airports & Defence Ports & Harbour Urban Infra Clean Energy (H2) Water Diversified Portfolio: Involved in Nation Building since Inception Delivering Excellence Through People 6
Slide 8: Service Offering - From Concept to Commissioning
Service Offering - From Concept to Commissioning Technology Licensing Process Design Project Management ⚫ Conceptualization of Process ⚫ Pre-feasibility studies ⚫ Integrated Project Management services ⚫ Process Modelling & simulation ⚫ Technology and licensor selection ⚫ Project Control - Planning
Slide 9: Modes of Contracts Managed
Modes of Contracts Managed Consultancy Contracts ⚫ Front-end Engineering & Design for 1 2 complete definition of scope for FEED selection of EPC contractor ⚫ Engineering, Procurement and EPCM Construction Management Services 3 ⚫ Project Management Consultancy Services for managing EPC PMC contractor
Slide 10: Technology at the forefront of Consultancy Services
Technology at the forefront of Consultancy Services o R&D Center with multiple pilot and demo facilities at Gurugram Delayed o Developed more than 40 Process Technologies Coking & Vis- breaking o 34 active Patents, 40 pending grant Aromatic Paraffin Extraction Wax o Technology collaboration with Res
Slide 11: Board of Directors (as on 31.03.2023)
Board of Directors (as on 31.03.2023) C&MD Director (Govt. Nominee) • Smt. Vartika Shukla • Shri Dheeraj Kumar Ojha Functional Directors Non-official Independent Directors • Shri Sanjay Jindal, Director (Finance) • Shri Deepak Mhaskey • Shri Atul Gupta, Director (Commercial) • Shri Harishkumar Madhu
Slide 12: EIL Manpower Resources
EIL Manpower Resources Qualification Count Personnel Experience 13.10% Graduates in Engineering 1964 14.80% Post Graduates in Engineering 259 19.28% Doctorates in Engineering 13 Total Personnel with Engineering Qualification 2236 (Technical Manpower) 52.82% Other Professionals (MBA/MCA/CA/ICWA/CS) 1
Slide 13: Track Record and Credentials
2 Track Record and Credentials Delivering Excellence Through People 12
Slide 14: Strong Track Record with diverse client base
Strong Track Record with diverse client base 91 Major Refinery Projects As of March 2023 including 10 Green-field Projects 45 Onshore Oil & Gas 13 Major Petrochemical Projects Processing Projects 213 Offshore Projects including Process Platforms 51 Pipeline Projects 12 Fertiliser Projects BCIC BCPL
Slide 15: Leadership in Refineries & Petrochemicals in India
Leadership in Refineries & Petrochemicals in India HMEL Petro Plant Bongaigaon Petro. Plant Milestones Pata Petro. Plant 1&2 HMEL- GGSR Refinery ⚫ 20 out of 23 Refineries in India have EIL Footprints Panipat Refinery PUNJAB Guwahati Refinery ⚫ Installed 10 out of the 11 mega Mathura Refinery Bongaig
Slide 16: International Presence
International Presence Branch Office • Abu Dhabi MOSCOW LONDON MONGOLIA JV Office MILAN • LLC-BEO (Bharat Energy Office) (JV of 5 Oil PSUs: OIL, OVL, GAIL, IOCL & EIL) TURKEY IRAN SHANGHAI ALGERIA BANGLADESH MIDDLE EAST Inspection Office GHANA NIGERIA MALAYSIA • London, UK INDONESIA • Milan, Italy K
Slide 17: International Clientele - Focus in Overseas Geographies
International Clientele - Focus in Overseas Geographies Regions Key Clients Regions Key Clients Countries Countries Middle East UAE • ADNOC Group Companies (Formerly ADMA OPCO South-East Malaysia • Petronas ; GASCO; TAKREER ; ZADCO; ADGAS; Borouge; Indonesia • PT Pertamina (Persero) FERTIL; etc) • P
Slide 18: Strategy Framework
Strategy Framework Profitable Growth Stakeholder Value Maximization Expanding Innovation thru Operational Alliances Diversification Geographies Technology Excellence Expansion of Core Business Expanding & Strengthening of Oil & Gas, Petchem Supplier & Vendor Base Robust Motivated & Competent Enablin
Slide 19: Strategy Framework
Strategy Framework Sustainable Green Energy, Decarbonization & Renewable Sunshine Areas GREEN HYDROGEN BIO FUELS TOWARDS NET – ZERO • Futuristic & Zero emission fuel will • Key for Fossil Fuel Import Reduction • CCUS: Capturing CO2 from FG • Waste Plastic to Fuel decarbonize Industry • 20% Ethanol i
Slide 20: EIL - Preferred Consultant for New Initiatives
EIL - Preferred Consultant for New Initiatives Executing projects for GAIL and BORL in Green Hydrogen segment MIBK,MIBC and U&O project from Deepak Chem-Tech. PMC services for 1200 TPD Lignite to Methanol project of NLC Feasibility Study for Syn Gas to Value added Products for JSPL Delivering Excell
Slide 21: Major Awards and Accolades (2022-23)
Major Awards and Accolades (2022-23) • CIDC Vishwakarma Awards 2022 1. Achievement Award for Best Construction Project for "MAF Project, Assam Petrochemicals Limited, Namrup, Dibrugarh, Assam”. 2. Achievement Award for Construction Health, Safety & Environment for "Residual Utilities & Offsites of t
Slide 22: Major Awards and Accolades (2022-23)
Major Awards and Accolades (2022-23) • Governance Now 9th PSU Awards- 1. CMD Leadership Award- Ms. Vartika Shukla, C&MD 2. HR Leadership Award- Sh. A.K, Kalra, D (HR) 3. Communication Outreach 4. Reskilling of Employees • ET Ascent Awards 1. Business Leader of the Year” award to Ms.Vartika Shukla, C
Slide 23: Major Awards and Accolades (2022-23)
Major Awards and Accolades (2022-23) • Golden Peacock Award for Corporate Social Responsibility for successful CSR initiatives in promoting sustainable development. • “Best Performing Uniquely Placed Organization” in the National Workshop for Electronic Procurement organised by the Department of Exp
Slide 24: Financials and Order Book Overview
3 Financials and Order Book Overview Delivering Excellence Through People 23
Slide 25: Financial and Operating Track Record - Consolidated
Financial and Operating Track Record - Consolidated Total Income (INR mn)* Revenue Segmentation* Consulting Turnkey 40,000 60% 50% INR mn 30,000 40% 30% 56% 56% 55% 51% 49% 20,000 44% 49% 51% 45% 44% 34,921 33,329 34,945 20% 30,427 26,981 10% 10,000 0% 2018-19 2019-20 2020-21 2021-22 2022-23 0 2018-
Slide 26: Financial and Operating Track Record - Consolidated
Financial and Operating Track Record - Consolidated EBITDA## Performance (INR mn)* 6,000 15% 16% 14% 14% 12% 12% 9% 4,000 INR mn 10% 6% 8% 4,532 6% 2,000 3,756 3,441 3,084 4% 1,949 2% 0 0% 2018-19 2019-20 2020-21 2021-22 2022-23 EBITDA (INR mn) - LHS EBITDA Margins (%) - RHS Note: All figures have b
Slide 27: Financial and Operating Track Record - Consolidated
Financial and Operating Track Record - Consolidated Profitability (INR mn)* Earnings per Share – EPS (INR)* Return on Net Worth (%)* INR Mn INR INR mn 6,000 40% 30,000 80% 20.0 35% 18.0 70% 24,060 25,000 23,445 16.0 4,238 30% 60% 14.0 19,615 4,000 3,684 20,000 3,463 25% 17,507 17,700 50% 12.0 20% 15
Slide 28: Financial and Operating Track Record - Consolidated
Financial and Operating Track Record - Consolidated Dividend Distribution (INR mn)* 7,500 140% 120% 6,000 103% 121% 100% 83% 88% 4,500 3,722 80% 80% 3,047 60% 60% 60% 3,000 45% 49% 1,686 1,686 40% 40% 1,500 1,124 20% 0 0% 2018-19 2019-20 2020-21 2021-22 2022-23 Gross Dividend incl. tax (INR) - LHS D
Slide 29: Annual Performance Summary – Standalone
Annual Performance Summary – Standalone Rs Mn TURNOVER 2022-23 2021-22 2020-21 2019-20 2018-19 Consultancy 14179 14,575 13,833 15,653 13,494 Turnkey 18659 14,129 17,214 16,377 10,949 Consultancy + Turnkey 32838 28,704 31,047 32,030 24,443 Other Income 1691 1,367 1,949 2,580 2,251 Total Income 34529
Slide 30: Quarterly Performance Summary – Standalone
Quarterly Performance Summary – Standalone Rs Mn TURNOVER Q1 Q2 Q3 Q4 H1 H2 9M Annual Consultancy – Domestic 2,768.90 2,773.07 3,035.12 5,541.97 6,269.79 8,577.09 11,811.76 3,234.67 Consultancy - Overseas 737.00 682.90 467.40 1,419.90 947.49 1,887.30 2,367.39 480.09 Consultancy Total 3,505.90 3,455.
Slide 31: Quarterly Performance Track Record - Standalone
Quarterly Performance Track Record - Standalone Rs Mn Total Income Consultancy Turnkey Other Income 10,000 8,000 7120 6,000 4785 4804 4947 4270 4544 4364 4,047 3,791 3,452 3382 3,583 3,658 3691 3,514 3,612 3,506 3,456 3,503 3,715 4,000 3203 2,751 2965 1927 2,000 497 533 480 440 477 669 493 225 284 3
Slide 32: Quarterly Performance Track Record - Standalone
Quarterly Performance Track Record - Standalone Rs Mn Segment Wise Operating Profit Consultancy Turnkey 2,000 1,866 1,564 1,500 1,229 1,100 933 910 895 861 1,000 670 690 605 500 393 400 136 202 63 65 116 74 68 97 92 91 30 0 Q1 20-21 Q2 20-21 Q3 20-21 Q4 20-21 Q1 21-22 Q2 21-22 Q3 21-22 Q4 21-22 Q1 2
Slide 33: Business Secured and Order Book – Standalone
Business Secured and Order Book – Standalone Rs Mn Business Secured FY 22-23 FY 21-22 FY 20-21 FY 19-20 FY 18-19 Consultancy Turnkey 1% Consultancy 100% 0% 0% 6,477 16,515 14,550 8,119 14,942 (domestic) 80% 73% Consultancy 73% 6,138 356 1,011 8,053 911 60% (overseas) 100% 99% 100% 40% Consultancy To
Slide 34: Business Secured Break up – Standalone
Business Secured Break up – Standalone Consultancy Vs LSTK Consultancy Domestic Vs Overseas Consultancy LSTK Domestic Overseas 27% 49% 51% 73% Consulting Total Orders Segmental Break up Segmental Break up 0.56% 8.46% 5.15% HYDROCARBONS 31.56% HYDRO INFRA INFRA 47.12% METAL, POWER & OTHERS METAL, POW
Slide 35: Order Book Break up – Standalone
Order Book Break up – Standalone OBP: Consultancy Vs LSTK OBP: Domestic Vs Overseas 17% 37% Domestic Consultancy Overseas LSTK 63% 83% Note : Data on unconsolidated basis Delivering Excellence Through People 34
Slide 36: Capital Investments – as on FY22-23
Capital Investments – as on FY22-23 Description Investment 1 Investment 2 Investment 3 Investment 4 Name Ramagundam Fertilizer NELP IX : Two Upstream Assets Minority stake in LLC-BEO (Bharat Project Numaligarh Refinery Ltd. Energy Office) (CB-ONN-2010 / 8) CB-ONN-2010 / 11 Implemen-ting M/s Ramagund
Slide 37: Major Order secured in FY 2022-23
4 Major Order secured in FY 2022-23 Delivering Excellence Through People 36
Slide 38: Q4 FY22-23 : Salient Orders Secured
Q4 FY22-23 : Salient Orders Secured Service Contract Value Project scope Client Award Date Completion Date Type (Rs. Million) Domestic Turnkey Change Order: BS-VI Auto Fuels Projects at CPCL, Manali Chennai Petroleum 2596 January 2023 January 2023 (OBE) Refinery Corp. Ltd. (CPCL) PMC for setting up
Slide 39: Q3 FY22-23 : Salient Orders Secured
Q3 FY22-23 : Salient Orders Secured Contract Value Service Type Project scope Client Award Date Completion Date (Rs. Million) Domestic Third Party Agency Services for Mukhya Mantri RajCOMP Info Services Consultancy 638 October 2022 November 2025 Digitial Sewa Yojana Ltd. (RISL), Rajasthan Consultanc
Slide 40: Q2 FY22-23 : Salient Orders Secured
Q2 FY22-23 : Salient Orders Secured Contract Value Service Type Project scope Client Award Date Completion Date (Rs. Million) Domestic DFR and Licensor selection for PDH PP plant with Consultancy Petronet LNG Ltd. 109 July 2022 October 2023 Ethane Propane Import facility at Dahej Third Party Inspect
Slide 41: Q1 FY22-23 : Salient Orders Secured
Q1 FY22-23 : Salient Orders Secured Contract Value Service Type Project scope Client Award Date Completion Date (Rs. Million) Domestic Consultancy services for proposed underground Hindustan Petroleum Consultancy 130 May 2022 May 2023 mined rock LPG cavern at Vadodara Corporation Ltd.(HPCL) EPCM Ser
Slide 42: Orders in hand
5 Orders in hand Delivering Excellence Through People 41
Slide 43: Major Ongoing Projects
Major Ongoing Projects Project Client Project Location Refinery Projects Cauvery Basin Refinery (CBR) Project – 9 MMTPA CPCL Nagapattinam, Tamil Nadu (Package - EPCM-1 with MPMC and EPCM-3 Services ) EPCM Services for Panipat Refinery Expansion (15 to 25 MMTPA) IOCL Panipat PMC and Turnkey-OBE Servi
Slide 44: Major Ongoing Projects
Major Ongoing Projects Project Client Project Location Petrochemical Project EPCM Services for 60 KTA PP Unit GAIL Pata EPCM Services for 500 KTPA Petrochemical Project GAIL Usar Pipeline Projects PMC Services for Dobhi-Durgapur-Haldia Pipeline Project GAIL Dobhi-Durgapur-Haldia PMC Services for Koc
Slide 45: Major Ongoing Projects
Major Ongoing Projects Project Client Project Location LNG / LPG Cavern PMC Services for 80,000 MT LPG Cavern HPCL Mangalore PMC Services for LNG Import, Storage & Regasification Terminal Project HSEPL Chhara, Gujarat PMC Services for De-Bottlenecking and Augmentation of Cryogenic Facilities - LPG B
Slide 46: Major Ongoing Projects
Major Ongoing Projects Project Client Project Location Overseas Projects Eastern Refinery Limited Unit –II Project BPC Bangladesh Dangote Refinery & Petrochemical Project DORC Nigeria PMC Services for Crude Oil Refinery in Mongolia Mongol Refinery Mongolia EPCM Services for Green-field 4000 TPD Urea
Slide 47: Outlook
6 Outlook Delivering Excellence Through People 46
Slide 48: Oil & Refining Capacity Outlook
Oil & Refining Capacity Outlook Global oil demand in 2022 was 99.0 million b/d, growing over 2 million b/d from 2021, and will climb by further 2 mb/d in 2023 to a record 101.9 mb/d. Global liquid fuels consumption to increase by 1.6 million b/d in 2023 and by 1.7 million b/d in 2024, and most expec
Slide 49: Petrochemical And Chemical Outlook India
Petrochemical And Chemical Outlook India The petrochemical industry remains a pillar of growth over the forecast period. Ethane, LPG and naphtha together account for 70% of the projected increase in oil product demand to 2026. Under the new PCPIR Policy 2020-35, a combined investment of Rs. 10 lakh
Slide 50: Gas Economy and Energy Transition
Gas Economy and Energy Transition Gas Economy: LNG plays a central role in increasing emerging markets access to Natural Gas(NG). NG & Renewable share in Energy Mix to Rise to 15% by 2030. Consumption of NG in India expected to grow by 25 Bn cubic metres (bcm), an avg annual growth of 9% until 2024.
Slide 51: Key Indicators Driving Growth Of Petrochemicals
Key Indicators Driving Growth Of Petrochemicals Petrochemicals are rapidly becoming the largest driver of global oil demand. The growth in demand for petrochemical products means that petrochemicals are set to account for over a third of the growth in oil demand to 2030, and nearly half to 2050, ahe
Slide 52: Opportunities in Diversified Sectors
Opportunities in Diversified Sectors India's Infrastructure forms an integral part of the country's economic ecosystem. There has been a significant shift in the industry that is leading to the development of world-class facilities across the country in the areas of roads, waterways, railways, airpo
Slide 53: Opportunities in Diversified Sectors
Opportunities in Diversified Sectors Civil Aviation Ministry’s “Vision 2040” report states that there will be 190-200 functioning airports in India by 2040. Delhi and Mumbai will have three international airports each, while top 31 Indian cities will have two operational airports each 220 destinatio
Slide 54: Avenues for Growth – Towards 5K25
Avenues for Growth – Towards 5K25 ⚫ Alliances in Core ⚫ Collaborative and Diversified Technology sectors for Growth ⚫ Focused Development ⚫ Alliances to breach Diversification in ⚫ Expand in Middle ⚫ Net Zero Green entry barriers Biofuels, Defense, East, Africa, technologies ⚫ Consolidate core Urban
Slide 55: Disclaimer
Disclaimer This presentation report is for distribution only under such circumstances as may be permitted by applicable law. It is published solely for information purposes, it does not constitute an advertisement and is not to be construed as a solicitation or an offer to buy or sell any securities
Slide 56: THANK YOU
Insert the Sub Title of Your Presentation THANK YOU Delivering Excellence Through People 55