Slide 1: Investor Presentation | May 2021
INVESTOR PRESENTATION | MAY 2021 1
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: Key Business Highlights – FY21
Key Business Highlights – FY21 Order Intake in FY21 • In FY21, order inflow of Rs. 584 Crs. for third-party EPC; received order amounting Rs. 516 Crs. from UP PWD for establishment of New Medical Colleges in Q4FY21 Order Book • Total Order Book Stands at Rs. 2,109 Crs.; forming healthy Order Book of
Slide 4: Business Momentum picking-up pace
Business Momentum picking-up pace REVENUE FROM OPERATIONS (RS CRS) IMPACT OF COVID-19 135 383 368 105 94 93 36 Q4FY20 Q1FY21* Q2FY21# Q3FY21 Q4FY21 FY20 FY21 Execution further picked-up pace in Q4FY21… leading to delivering top-line inline with the last fiscal despite significant execution loss in Q
Slide 5: Focus on Strengthening the Balance Sheet
Focus on Strengthening the Balance Sheet Repayment / Particular (Rs in Crs) Mar-21 Dec-20 Sep-20 Mar-20 Reduction (y-o-y) Vascon Engineers SBI & UBI 58.76 73.27 75.33 66.48 7.72 Kotak RE Fund 70.69 74.65 97.85 103.83 33.15 JM Finance 24.74 20.79 18.83 17.62 -7.12 ICICI HFC 8.54 8.79 9.04 9.51 0.97 Z
Slide 6: P&L Highlights- Q4 & FY21
P&L Highlights- Q4 & FY21 Standalone Consolidated Particulars (Rs. Crs) Q4 FY21 Q4 FY20 FY21 FY20 Q4 FY21 Q4 FY20 FY21 FY20 Revenue 133.79 92.13 357.23 366 189.57 125.52 505.77 520.92 Other Income 1.46 2.08 11.23 17.24 2.20 3.99 12.41 19.97 Total Income 135.25 94.21 368.46 383.24 191.77 129.51 518.1
Slide 7: FY21- Segmental Profit & Loss - after allocation
FY21- Segmental Profit & Loss - after allocation Particulars (Rs. Cr) RE# EPC## GMP Inventorised Total Revenue 61.4 321.24 148.54 531.18 Cost of Sales 60.85 268.1 93.96 3.87 426.78 Gross Profit 0.55 53.14 54.58 104.4 Gross Profit Margin % 1% 17% 37% 20% Other Income 2 7.28 3.65 12.93 Employee Cost 1
Slide 8: Balance Sheet- Consolidated
Balance Sheet- Consolidated Rs. Cr Mar– 21 Mar– 20 Rs. Cr Mar– 21 Mar– 20 Non-current assets 316.93 340.53 Shareholder’s Fund 709.16 743.67 Fixed assets 98.72 107.62 Share capital 182.14 178.14 Financial Assets 182.19 189.78 Other Equity 517.02 556.16 Non Controlling Interest 10.00 9.37 Other Non Cu
Slide 9: Business Overview
BUSINESS OVERVIEW ae VASCON
Slide 10: Vascon – At a Glance
VASCON – At a Glace ENGINEERING PROCUREMENT & CONSTRUCTION One of the leading EPC Company in India REAL ESTATE DEVELOPMENT Focus on Mid-Range Housing Project 10
Slide 11: EPC Business- Overview
EPC Business- Overview 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 / Engine
Slide 12: Marquee Clients
Marquee Clients MAINTAINING CONSISTENT QUALITY STANDARDS ENSURING REPEAT ORDERS 11
Slide 13: Order Book Build-Up & Key Orders
Order Book Build-Up & Key Orders (In Rs. Cr) Amt 2,060 2,109 Project Location (Rs. Cr) 90 107 External Order book Maharashtra State Police Housing Mumbai 379 PWD, Raipur Raipur 302 Hospital - Kaushambi Kasuhambi, UP 269 Hospital - Bijnor Bijnor, UP 246 Metro Rail Depot Bangalore 137 1,066 1,044 MMRC
Slide 14: Real Estate Development
REAL ESTATE DEVELOPMENT ae VASCON
Slide 15: 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 16: Successfully launched Real estate projects
Successfully launched Real estate projects REAL ESTATE SALES (RS CR) Vascon Dev. Area Projects Launch Status Share (msft) 272 Forest Edge (JV) A 50% 0.08 18-Jan Fully Sold Forest Edge (JV) B 50% 0.08 19-Sep 95% sold Windermere (JV)# 45% 0.38 18-Mar 74% sold 116 120 Vascon Goodlife – Value Home 100%
Slide 17: Track record of Real Estate Sales
Track record of Real Estate Sales Q-O-Q SALES AREA SQ. FT (‘000) 92 47 49 39 32 33 30 18 9 Q4FY19 Q1FY20 Q2FY20 Q3FY20 Q4FY20 Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q-O-Q SALES VALUE (RS. CR.) 78 44 45 34 37 28 31 13 5 Q4FY19 Q1FY20 Q2FY20 Q3FY20 Q4FY20 Q1FY21 Q2FY21 Q3FY21 Q4FY21 17
Slide 18: Current Real Estate Projects Under Development
Current Real Estate Projects Under Development Total Vascon Share Project Name Location Vascon Share Rev. Project Area Sale Collectio Sale Collection Recognize Area Sold Value n Value d Type Share msft msft Rs. Cr Rs. Cr Rs. Cr Rs. Cr Rs. Cr Forest Edge (A&B) Pune JV 50% 0.16 0.15 106 68 53 34 - For
Slide 19: Real Estate Projects – Pipeline (launches in Near-term)
Real Estate Projects – Pipeline (launches in Near-term) Sr. No. Projects Type Segment Total Vascon Share Saleable Expected Saleable Expected Area Sales Value Area Sales Value msft (Rs. in Cr) msft (Rs. in Cr) 1 Coimbatore JDA Residential 0.3 195 0.21 136 2 Madurai JDA Residential 0.49 220 0.37 165 3
Slide 20: Real Estate Projects – Pipeline (other projects)
Real Estate Projects – Pipeline (other projects) Sr. No. Projects Type Segment Total Saleable Expected Area Sales Value msft (Rs. in Cr) 1 Willows – Residential JV Residential 0.33 250 2 Kalyani Nagar - Comm JDA Commercial 0.3 330 3 Kalyani Nagar JDA Residential 0.5 550 Total 1.13 1130 19
Slide 21: Continuous focus on Cash Generation
Continuous focus on Cash Generation IDENTIFIED NON-CORE ASSETS FOR SALE • 44% EQUITY STAKE IN HOTELS AT GOA • COMMERCIAL PROPERTY AT KALEDONIA, ANDHERI (E) • 9 ACRE LAND PARCEL IN AURANGABAD • GMP TECHNICAL SOLUTIONS (85% SUBSIDIARY OF VASCON CONTINUE FOCUS ON GENERATING CASH BY MONETIZING IDENTIFIE
Slide 22: Thank You!
THANK YOU! Mr. Punit Bhayani Mr. Gaurang 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