Vascon Engineers Limited · NSE:VASCONEQ
Vascon Engineers — Q2 FY2025 Earnings Presentation
36 slides from Vascon Engineers's earnings presentation, Oct 29, 2024
Slide 1: Exchange filing cover letter: Presentation Update
October 29, 2024 To, To, National Stock Exchange of India Limited BSE Limited Listing Department, The Department of Corporate Services Exchange Plaza, Phiroze Jeejeebhoy Towers, Dalal Street, Bandra (E), Mumbai – 400 051 Fort, Mumbai 400 001 Ref Symbol: VASCONEQ Ref: Scrip Code: 533156 Subject: Pres
Slide 2: Investor Presentation | October 2024
“Persistent to create better tomorrow” Investor Presentation | October 2024
Slide 3: 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 4: Forming healthy Order Book of Higher contribution by Government projects
3̀,267 Crs 2,781 Crs Total Order Book External EPC Order Book Forming healthy Order Book of Higher contribution by 4x of FY24 EPC revenues Government projects H1 FY25: ~82% 22,152 Sq. ft. Govt. Project (%) Real Estate New Sales Booking in H1 FY25 for a KEY BUSINESS HIGHLIGHTS Providing visibility of
Slide 5: Execution Momentum continues
Execution Momentum continues REVENUE FROM OPERATIONS (IN RS. CRS) In H 1 FY25, strong execution continued across EPC Projects 10 2 20 6 All projects are operating at an optimum level, which 19 enabled faster project execution and resulted in better revenue generation 231 186 192 200 157 Execution to
Slide 6: Debt position as on 30th Sep 2024
Debt position as on 30th Sep 2024 Particular (in Rs. Crs) Sep-24* June-24 Mar-24 Mar-23 Mar-22 Vascon Engineers SBI / UBI / CSB/ Indus Ind/FDRL/KBL 51.37 53.75 31.04 58.81 57.32 Kotak RE Fund - - - - 23.35 JM Finance - - - - 24.09 Aditya Birla Capital 55.99 49.02 51.66 37.03 - Prachay Capital - - -
Slide 7: Charting towards higher Growth Trajectory
Charting towards higher Growth Trajectory Robust Order Book Improved Capacity Higher Cashflow Strengthening the Utilization Generation Balance Sheet The Order Book has Execution of Current Leading to improved Repayment of debt by grown 4.9x from FY24, Order Book to enhance Profitability thereby, inc
Slide 8: P&L Highlights - H1 FY
P&L Highlights- H1 FY 25 Standalone Consolidated Particulars (Rs. Crs) Q2 FY25 Q2 FY24 H1 FY 25 H1 FY24 Q2 FY25 Q2 FY24 H1 FY 25 H1 FY24 Continuing Operations Revenue 199.99 175.20 395.82 323.95 199.83 175.20 395.83 323.95 Other Income 2.24 1.24 4.11 4.32 2.21 1.22 4.06 4.28 Total Income 202.23 176.
Slide 9: H1 FY25 - Segmental Profit & Loss - after allocation
H1 FY25- Segmental Profit & Loss - after allocation Inventorised / Particulars (Rs. Cr) RE# EPC## Total Unallocable Continuing Operations Revenue 7.51 422.68 430.19 Cost of Sales 1.68 353.84 5.54 361.06 Gross Profit 5.83 68.84 69.13 Gross Profit Margin % 78% 16% 16% Other Income 1.94 2.42 - 4.36 Emp
Slide 10: Balance Sheet – Consolidated
Balance Sheet – Consolidated Rs. in Crs Sept – 24 Mar – 24 Rs. in Crs Sept – 24 Mar – 24 Non-Current Assets 453.08 407.37 Shareholder’s Fund 1,003.51 981.03 Fixed Assets 78.98 77.45 Share Capital 223.84 221.32 Financial Assets 303.63 283.99 Other Equity 779.67 759.71 Other Non-Current Assets, Income
Slide 11: Business Overview
Zz 0 Oo Re > BUSINESS OVERVIEW
Slide 12: Vascon – At a Glance
Vascon – At a Glace ENGINEERING PROCUREMENT & CONSTRUCTION REAL ESTATE DEVELOPMENT One of the leading EPC Company in India Focus on Mid-Range Housing Project of the leading EPC Company in India 45 Mn 220+ 38 30+ SQ. FT. OF PROJECTS PROJECTS YEARS OF PRESENCE DELIVERED DELIVERED EXPERIENCE ACROSS IND
Slide 13: EPC Business - Overview
EPC Business- Overview Construction Experience across various verticals Executed over 220 projects with construction area of over 45 msft Ability to execute around 8 msft per annum Currently executing around 3.7 msft p.a. – operating at 90% utilization Number of Personnel in Project / Engi
Slide 14: Marquee Clients
Marquee Clients MAINTAINING CONSISTENT QUALITY STANDARDS ENSURING REPEAT ORDERS 13
Slide 15: Order Book Build-Up & Key Orders
Order Book Build-Up & Key Orders Project Location Amt (Rs. Crs) External Order book (In Rs. Crs) Medical Colleges at Suphal, Bihar Suphal 463 527 Capgemini, IT Park Chennai 401 486 Hospital Building at Moshi, Pimpri Chinchwad Pune 328 Government Medical College at Sindhudurg, Maharashtra Sindhudurg
Slide 16: Glimpses of EPC Completed Projects
GLIMPSES OF EPC COMPLETED PROJECTS
Slide 17: EPC: Completed Projects
EPC : Completed Projects RAJ BHAVAN – CHIEF MINISTER HOUSE RAIPUR BMRCL (METRO SHED) - BANGALORE ADAMPUR AIRPORT PMAY - PUNE 16
Slide 18: Glimpses of EPC Ongoing Projects
GLIMPSES OF EPC ONGOING PROJECTS
Slide 19: EPC: On-Going Projects (1/3)
EPC : On-Going Projects (1/3) BIJNOR (UP) MEDICAL COLLEGE & HOSPITAL VEDANTA - BARMER PUNE MDRA - RESIDENTIAL QUARTERS KAUSHAMBI (UP) MEDICAL COLLEGE & HOSPITAL 18
Slide 20: EPC: On-Going Projects (2/3)
EPC : On-Going Projects (2/3) MUMBAI POLICE HOUSING JILA KARAGAR, AMETHI 19
Slide 21: EPC: On-Going Projects (3/3)
EPC : On-Going Projects (3/3) HOSPITAL BUILDING AT MOSHI, PIMPRI CHINCHWAD PUNE POLICE STAFF QUARTERS 20
Slide 22: Real Estate (RE) Development
REAL ESTATE (RE) DEVELOPMENT
Slide 23: 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 24: Successfully launched Real estate projects
Successfully launched Real estate projects Total Saleable Vascon Projects Launch Status Real Estate Sales (in Rs. Crs) Area (msft) Share (msft) Windermere Residential 0.39 0.17 18-Mar 95% Sold 118 100 Tulip Phase III 0.27 0.19 22- June 68% Sold 35 Goodlife – Value Home (Own) * 0.46 0.46 18-May 79% S
Slide 25: Current Real Estate Projects Under Development
Current Real Estate Projects Under Development Vascon Share Area Total Revenu attribut Vascon Project Area Collecti e Sr. able to Sale Project Name Location Area Sold on Recogn No. Vascon ised (in Rs. (in Rs. (in Rs. Type Share msft msft msft Cr) Cr) Cr) 1 Tulip – Phase III Coimbatore JDA 70% 0.27 0
Slide 26: Real Estate Projects – Pipeline (launches in Near-term)
Real Estate Projects – Pipeline (launches in Near-term) Total Vascon Share Sr. Saleable Expected Saleable Expected Projects Type Segment No. Area Sales Value Area Sales Value msft (in Rs. Cr) msft (in Rs. Cr) 1 Powai, Mumbai JV Residential 0.20 364 0.07 127 2 4 Acre HDH-Ajanta JV Residential 0.6 460
Slide 27: Real Estate Projects – Pipeline (other projects)
Real Estate Projects – Pipeline (other projects) Sr. No. Projects Type Segment Total Saleable Expected Area Sales Value msft (in Rs. Cr) 1 Kalyani Nagar - Comm JDA Commercial 0.3 330 2 Kalyani Nagar JDA Residential 0.5 550 Total 0.8 880 26
Slide 28: Glimpses of RE Completed Projects
GLIMPSES OF RE COMPLETED PROJECTS
Slide 29: Real Estate: Completed Projects (1/3)
Real Estate : Completed Projects (1/3) WINDERMERE, PUNE WINDERMERE, PUNE WINDERMERE, PUNE 28
Slide 30: Real Estate: Completed Projects (2/3)
Real Estate : Completed Projects (2/3) GRAND ENTRANCE LOBBY - WINDERMERE, PUNE FOREST COUNTY, PUNE 29
Slide 31: Real Estate: Completed Projects (3/3)
Real Estate : Completed Projects (3/3) FOREST EDGE, PUNE CRECHE, FOREST EDGE, PUNE PLATINUM SQUARE, PUNE 30
Slide 32: Glimpses of RE Ongoing Projects
GLIMPSES OF RE ONGOING PROJECTS
Slide 33: Real Estate: On-Going Projects
Real Estate : On-Going Projects TULIPS PHASE 3 – COIMBATORE TOWER OF ASCEND - KHARADI 32
Slide 34: Glimpses of RE Upcoming Projects – Artistic Impression
GLIMPSES OF RE UPCOMING PROJECTS – ARTISTIC IMPRESSION
Slide 35: Real Estate: Upcoming Projects
Real Estate : Upcoming Projects OMSAINATH SOCIETY SANTACRUZ - MUMBAI POWAI - MUMBAI 34
Slide 36: Towards Newer, Bigger Milestones – Let's Connect
TOWARDS NEWER, BIGGER MILESTONES LET’S CONNECT Mr. Pankaj Jain Mr. Gaurang Vasani/ Ms. Pooja Sharma pankaj@vascon.com vgaurang@stellar-ir.com | pooja.sharma@stellar-ir.com Vascon Weikfield Chambers, Pune - 411014 Kanakia Wall Street, Andheri (East), Mumbai 400 093 Visit: www.vascon.com