Slide 1: Cover letter to stock exchanges
, , 1 _ _.- ..... I-----® PSP t~ 1;~t& pSP Projects Ltd, ISO 9001 : 2015, 14001 : 2015,45001 : 2018 Certified Company Ref No: PSPPROJECT /SE/94/21-22 January 27, 2022 Corporate Relations Department Listing Department BSE Limited National Stock Exchange of India Limited Floor 25, P.). Towers, Exchang
Slide 2: Investor Presentation Q3 & 9M FY22
Investor Presentation Q3 & 9M FY22 January 2022 www.pspprojects.com ©2021 – PSP Project Ltd., All Rights Reserved. 1
Slide 3: Contents
Contents 01 PSP Projects Limited - Build to Last: The growth story In a Nutshell 02 A look at the quarter gone by 03 Indian Construction Industry 04 The drivers that transcended PPLs growth since inception 05 Precast Factory: Enhancing capabilities. Exploring newer technologies. 06 Investment Ration
Slide 4: PSP Projects Limited – Build to Last
PSP Projects limited – Build to Last The growth story in a Nutshell Incorporated in 2008, successfully led by First Generation As on 31st December 2021 Civil engineer having 36 years of experience. 1,302 / 17,000 India based construction company offering a diversified Workforce / range of constr
Slide 5: A Look at the Quarter gone by
A Look at the Quarter gone by www.pspprojects.com ©2021 – PSP Project Ltd., All Rights Reserved. 4
Slide 6: Business showing signs of strength during Q3 FY22
Business showing signs of strength during Q3 FY22 Q3 FY22 Standalone Highlights Revenue from Operations1 (₹ crore) EBIDTA1 (₹ crore) & EBITDA Margin (%) PAT1 (₹ crore) & PAT Margin (%) YoY Growth 24% YoY Growth 58% YoY Growth 68% 20% 9% 80 50 10% 10% 15% 45 9% 14% 74 7% 47 70 15% 40 8% 60 12% 486 35
Slide 7: Standalone Profit & Loss: Q3 FY22 & 9M FY22
Standalone Profit & Loss : Q3 FY22 & 9M FY22 Particulars (₹ Crore) Q3 FY22 Q3 FY21 YoY (%) Q2 FY22 QoQ (%) 9M FY22 9M FY21 YoY (%) Revenue from Operations 485.62 390.16 24% 390.44 24% 1,193.42 740.14 61% Cost of materials consumed including WIP 127.36 140.10 - 129.47 - 355.87 243.25 - Construction E
Slide 8: Key Development during the Quarter and Nine months
Key Development during the Quarter and Nine months Kashi Vishwanath Corridor: Inaugurated on 13th December 2021 by our honorable Prime We continued to grow organically by Minister Shri Narendra Modi, focusing on executing projects in Our first project in the state of UP and Inaugurated in reco
Slide 9: Annual Financial Performance
Annual Financial Performance Revenue from Operations1 (₹ Crore) EBITDA1 (₹ Crore) PAT1 (₹ Crore) #CAGR : 19.4% #CAGR : 10.0% #CAGR : 7.9% 1,499 129 1,241 109 1,193 191 1,044 168 90 149 81 135 730 64 101 FY18 FY19 FY20 FY21 9M FY22 FY18 FY19 FY20 FY21 9M FY22 FY18 FY19 FY20 FY21 9M FY22 Notes: # CAGR
Slide 10: Business Robustness in Numbers
Business Robustness in Numbers EBITDA / Revenue from Operations Profit After Tax / Total Revenue EBITDA Margin% PAT Margin% 13.9% 14.3% 14.1% 12.7% 10.9% 8.6% 9.0% 8.5% 8.5% 6.4% FY18 FY19 FY20 FY21 9M FY22 FY18 FY19 FY20 FY21 9M FY22 ©2021 – PSP Project Ltd., All Rights Reserved. 9
Slide 11: Prudent Working Capital Cycle in Construction Space
Prudent Working Capital Cycle in Construction Space 91 76 65 63 55 55 53 50 50 26 26 24 26 22 21 15 FY19 FY20 FY21 H1 FY22 Inventory (Days) Receivable (Days) Payable (Days) Working Capital Cycle (Days) ©2021 – PSP Project Ltd., All Rights Reserved. Notes: (1) Numbers have been rounded off 10
Slide 12: Along with comfortable Leverage Position
Along with comfortable Leverage Position FY19 FY20 FY21 H1 FY22 Total Debt (₹ crore) 26 75 81 185 Networth (₹ crore) 371 457 538 585 Debt-Equity (x) 0.07 0.16 0.15 0.32 ©2021 – PSP Project Ltd., All Rights Reserved. Notes: (1) Numbers have been rounded off 11
Slide 13: Indian Construction Industry
Indian Construction Industry www.pspprojects.com ©2021 – PSP Project Ltd., All Rights Reserved. 12
Slide 14: An Important growth driver of India's Economy
An Important growth driver of India’s Economy Initiatives taken by GoI to bolster growth in construction sector 8% Governments Push FDI Inflow Construction Industry’s High-speed bullet trains and metro rail, construction of Delhi- The infrastructure and construction sector is contribution to Ind
Slide 15: Drivers that transcended PPLs growth since inception
Drivers that transcended PPLs growth since inception www.pspprojects.com ©2021 – PSP Project Ltd., All Rights Reserved. 14
Slide 16: Our Continuous Strive to move up the Construction value chain
Our Continuous Strive to move up the Construction value chain AUGUST 2008 2011-12 2013-14 onwards onwards onwards Started off as a Civil Construction Extended to Mechanical, Electrical & Forayed into Engineering, Contractor Plumbing (MEP), Interior & O&M Procurement, Construction (EPC) Services Orde
Slide 17: Our Hybrid Approach with presence in Private and Public projects
Our Hybrid Approach with presence in Private and Public projects Industrial Projects Institutional Projects Government Projects Government Residential Projects Construction of industrial buildings Construction of buildings for Undertake various challenging and Residential Projects Construction of pr
Slide 18: Robust Order Book and Growing Pre-Qualification Credentials
Robust Order Book and Growing Pre-Qualification Credentials Growing Order Book1 (₹ crore) Work on hand across Private and Public Projects As on 9M FY22 1% 4,121 12% 4,008 2,978 3,074 39% 2,559 19% 5% 24% FY18 FY19 FY20 FY21 9M FY22 Government Govt Residential Industrial Institutional Residential Pre
Slide 19: Our Confidence to replicate the Success Story outside our Home State
Our Confidence to replicate the Success Story outside our Home State Being headquartered in Ahmedabad, not only are we strategically located in the core market of Gujarat but have Growing Geographical Footprint gradually expanded our presence to six different states of India, establishing a pan-In
Slide 20: Belief, Trust and Support of our Customers
Belief, Trust and Support of our Customers Proven Track Record Ethics & Trust Biggest Project PPL has proven track record in Strong work Ethics make PPL a Biggest Project executed by PPL : delivering projects on-time and quality favourable and preferred choice Surat Diamond Bourse projects, the fait
Slide 21: Clientele with High Quality Business
Clientele with High Quality Business Work on Hand as on December 31, 2021 - (Major Projects) | [₹ Crore] Outstanding Description of Project Location Name of the Client Contract value Contract Value Surat Diamond Bourse Main Contract Works Gujarat SDB Diamond Bourse 1,775 117 Medical Colleges & Hospi
Slide 22: The Team that made PPL fulfil its ambitions
The Team that made PPL fulfil its ambitions Ably Supported by Experienced Professionals Mahesh Patel Maulik Patel Hetal Patel Viplav Shah Girish Ramkumar Senior Vice President - Operations Vice President - Procurement Chief Financial Officer Vice President - Planning Vice President - HR Holds a di
Slide 23: The Team that made PPL fulfil its ambitions
The Team that made PPL fulfil its ambitions Ably Supported by Experienced Professionals Ramjibhai Parmar Pratik Thakkar Kenan Patel Sanjay Kumar Rai Pushpesh Singh General Manger - Tender General Manager - BD Company Secretary and Sr. Manager - SAP/IT Dy. General Manager – Contracts Compliance Offic
Slide 24: Leadership and Management
Leadership and Management Prahaladbhai Patel Pooja Patel Sagar Patel Chirag Shah Sandeep Shah Vasishtha Patel Zarana Patel Chairman, MD and CEO Whole Time Director Executive Director Independent Director Independent Director Independent Director Independent Director He has a bachelor’s degree She ha
Slide 25: Our 13 years of Journey of Constructing Buildings
Our 13 years of Journey of Constructing Buildings Started Operations in Uttar Pradesh with a marquee SAP Implementation projects "Beautification of Sri Kashi Vishwanath Dham" Started Operations in Karnataka & Rajasthan Started Turnkey Awarded project for Projects Started Construction work for Beauti
Slide 26: Precast Facility
Precast Facility Enhancing capabilities. Exploring newer technologies A state-of-the-art manufacturing plant of precast concrete building. Benefits of Precast Manufacturing Facility Production Capacity Phase I Reduces labour-intensive 1 Mn. Sq. ft. traditional building methods by way of maximum pr
Slide 27: Precast Factory
Precast Factory ©2021 – PSP Project Ltd., All Rights Reserved. 26
Slide 28: Investment Rationale
Investment Rationale One-stop shop solution construction company present throughout the value chain starting from planning, design, construction and post-construction services including MEP work and other interior fit-outs which provides us with several opportunities, faster project turnaround time
Slide 29: Project Profile
Project Profile Prominent Projects Completed in FY21 Zydus Hospital Sitapur (EPC Project) !I I I ©2021 – PSP Project Ltd., All Rights Reserved. 28
Slide 30: Medical College & Hospital at Dahod; R&D and Research Centers in Gujarat
Medical College & Hospital at Dahod (EPC Project) R&D and Research Centers in Gujarat ©2021 – PSP Project Ltd., All Rights Reserved. 29
Slide 31: Beautification of Ahmedabad C.G. Road
Beautification of Ahmedabad C.G. Road ©2021 – PSP Project Ltd., All Rights Reserved. 30
Slide 32: Prominent Projects – Kashi Vishwanath Dham
Prominent Projects – Kashi Vishwanath Dham ©2021 – PSP Project Ltd., All Rights Reserved. 31
Slide 33: Prominent Projects - SDB
Prominent Projects - SDB Actual image December 21 ©2021 – PSP Project Ltd., All Rights Reserved. 32
Slide 34: Prominent Projects - SDB
Prominent Projects - SDB Actual image December 21 ©2021 – PSP Project Ltd., All Rights Reserved. 33
Slide 35: Prominent Projects – Smart City
Prominent Projects – Smart City Prestige Fintech IBIS Hotel by Brigade World Trade Center BSE Brokers Forum Brigade International Finance Center The Signature by Hiranandani ©2021 – PSP Project Ltd., All Rights Reserved. 34
Slide 36: Prominent Projects
Prominent Projects COMMERCIAL BUILDING AT GIFT CITY ZYDUS CORPORATE HOUSE AT AHMEDABAD PUNISKA HEALTHCARE PLANT BANGALORE MILK UNION DAIRY PLANT AT GRAND MERCURY HOTEL AT GIFT CITY MEDICAL COLLEGE AND HOSPITAL FOR KANAKPURA, KARNATAKA FOR BRIGADE GROUP DHARAMSINGH DESAI UNIVERSITY (DDU) ©2021 – PSP
Slide 37: Prominent Projects
Prominent Projects BRIGADE INTERNATIONAL GOVERNMENT OFFICE BUILDING RIVER FRONT DEVELOPMENT HOSPITAL PROJECT FINANCIAL CENTRE AT GIFT CITY ZYDUS HOSPITALS DAIRY PROJECT AFFORDABLE HOUSING PROJECT GOVERNMENT PROJECT ©2021 – PSP Project Ltd., All Rights Reserved. 36
Slide 38: Key Strategies
Key Strategies www.pspprojects.com ©2021 – PSP Project Ltd., All Rights Reserved. 37
Slide 39: Key Strategies
Key Strategies Building is my Focus on Building construction (commercial, residential, industrial & institutional) passion Strengthen our Leverage our position Mr. Prahaladbhai Patel human capital as a fast-growing Chairman, MD and CEO construction company in India Enhance our project Expand our geo
Slide 40: Awards and Recognition
Awards and Recognition www.pspprojects.com ©2021 – PSP Project Ltd., All Rights Reserved. 39
Slide 41: Awards and Recognition
Awards and Recognition PSP Projects Ltd has been awarded as 2nd Fastest Growing Construction Company (below 2000 Cr Times Inspiring Entrepreneur Award for the Fastest Patidar Udhyog Ratna Award by Sardardham 2020 Category) 3rd year in a row during the Construction Growing Construction Company of the
Slide 42: Safe Harbor Statement
Safe Harbor Statement This document does not constitute or form part of and should not be construed as an offer to sell or issue or the solicitation of an offer to buy or acquire securities of the Company or any of its subsidiaries or its joint ventures or affiliates in any jurisdiction or as an ind
Slide 43: Thank You
Thank You For more information please contact: PSP Projects Limited Christensen Advisory Hetal Patel Krishna Patel / Vikash Verma ✉ grievance@pspprojects.com ✉ kpatel@christensenir.com ✉ vverma@christensenir.com PSP Projects Limited ‘PSP House’, Opp. Celesta Courtyard, Opp. Lane of Vikramnagar Colon