Slide 1: Submission of Investor/Analysts Presentation cover letter
CIN: L99999MH1949PLC007039 August 08, 2022 To, BSE Limited The National Stock Exchange of India Limited PhirozeJeejeebhoy Towers, Exchange Plaza, Dalal Street, Bandra - Kurla Complex, Mumbai - 400 001 Mumbai - 400 051 SCRIP CODE: 531120 SYMBOL: PATELENG Security: Equity Security: Equity Shares / Deb
Slide 2: Patel Engineering Limited Investor Presentation Q1 FY23
PATEL ENGINEERING LIMITED Investor Presentation | Q1 FY23
Slide 3: Disclaimer
Disclaimer This presentation and the accompanying slides have been prepared by Patel Engineering Ltd. (the “Company”), and have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form
Slide 4: Result Highlights – Q1 FY23
Result Highlights – Q1 FY23 Investor Presentation | Q1 FY23
Slide 5: Standalone Profitability Highlights
Standalone Profitability Highlights In ₹ Cr Standalone Narration Q1 FY23 Q1 FY22 Y-O-Y % FY22 Revenue from Operations 881.09 575.35 53.1% 3,027.79 Expenses 758.12 488.81 2,569.79 Operating EBITDA 122.97 86.54 42.1% 458.00 EBITDA Margin 14.0% 15.0% 15.1% Depreciation (19.16) (16.65) (68.14) Interest
Slide 6: Standalone Revenue From Operations
Standalone Revenue From Operations In ₹ Cr Quarterly Revenue Last 3 Financial Years 1,040.78 3,027.79 881.09 2,333.06 760.1 651.56 1,719.12 575.35 Q1 FY22 Q2 FY22 Q3 FY23 Q4 FY22 Q1 FY23 FY20 FY21 FY22 March 21 lower due to COVID Impact Q1 FY23 grew 53.1% YoY Q1 FY23 Revenue Breakup Q1 FY22 Revenue
Slide 7: Strong Order Book
Strong Order Book In ₹ Cr Yearly Order Book Segment Wise Order Book 2.40% 0.10% Hydroelectric Segment No. of Projects Order Book Value 17,824 Hydroelectric 17 11,516 5.20% Irrigation 13.40% Irrigation 10 2,548 15,011 Tunnel 14,466 Tunnel 6 2,397 13,184 Road 6 920 Road 14.30% 64.60% Urban Infrastruct
Slide 8: New orders received in Q1 FY23
New orders received In Q1 FY23 In ₹ Cr Hydroelectric Project Tunnel Project Tunnel Project Project Name: Kwar HEP. Project Name: PVPG Tunnel Project. Project Name: Kohima Tunnel Project. Project Location: District Kishtwar, Project Location: Mumbai, Maharashtra. Project Location: Kohima, Manipur. Ja
Slide 9: Diversely Spread Works De-Risking Business
Diversly Spread Works De Risking Business In ₹ Cr Jammu and Kashmir Domestic Sr.No. State No. of Projects Project Value Himachal 1 Jammu and Kashmir 9 6,494 Pradesh 2 Himachal Pradesh 3 2,464 Uttarakhand 3 Madhya Pradesh 6 2,084 Arunachal Sikkim Pradesh 4 Maharashtra 8 1,427 Nepal 5 Sikkim 1 1,284 R
Slide 10: Strong Client Base – Some Major Clients
Strong Client Base – Some Major Clients Investor Presentation | Q1 FY23 9
Slide 11: Consolidated Profitability Highlights
Consolidated Profitability Highlights In ₹ Cr Consolidated Narration Q1 FY23 Q1 FY22 Y-O-Y % FY22 Sales 973.91 666.25 46.18% 3,380.29 Expenses 824.08 562.16 2,852.57 Operating EBITDA 149.83 104.09 43.94% 527.72 EBITDA Margin 15.38% 15.62% 15.61% Depreciation (22.03) (19.93) (81.90) Interest (100.07)
Slide 12: Consolidated Revenue From Operations
Consolidated Revenue From Operations In ₹ Cr Quarterly Revenue Last 3 Financial Years 1,111.66 3,380.29 973.91 877.93 2,617.21 724.45 666.25 1,994.79 Q1 FY22 Q2 FY22 Q3 FY23 Q4 FY22 Q1 FY23 FY20 FY21 FY22 March 21 lower due to COVID Impact Investor Presentation | Q1 FY23 11
Slide 13: Company Overview
Company Overview Investor Presentation | Q1 FY23
Slide 14: About Patel Engineering Ltd.
About Patel Engineering Ltd. One of the most integrated infrastructure and construction services conglomerates in India Incorporated in 1949, Headquartered in Mumbai, a leading player in the civil engineering construction segment with more than seven decade track record of constructing dams, bridges
Slide 15: Key Facts and Figures
Key Facts and Figures 7+ decades 17 States 12,000+ Experience Current Domestic Presence MW Hydro Project 85+ 300+ Kms 5.5+ Lakhs Dams of Tunnels Acres Irrigated Q1 FY23 1,200+ Kms ₹ 17,824 Cr ₹ 973.91 Cr :Revenue Road Order book ₹ 149.83 Cr :Op. EBITDA ₹ 31.25 Cr :PAT Investor Presentation | Q1 FY23
Slide 16: Vision and Mission
Vision and Mission Patel Engineering Ltd., is one of the major Infrastructure and Construction Company MISSION VISION To be the pioneers in the industry and a market-driven Deliver comprehensive and effective solutions to clients organization known for its commitment towards excellence, through our
Slide 17: Key Highlights Of Q1 FY23
Key Highlights Of Q1 FY23 Strong improvement in order book Our AMT – II project was featured in At out T-15 project, we achieved a At our Subansiri Lower H.E. site we - Received three new orders – a documentary by India Science on breakthrough between Main achieved a breakthrough of KWAR HEP ; PVPG
Slide 18: Our Major Achievements
Our Major Achievements World record holder Only Indian Company to More than 4,000 m Largest underground Recipient of many for fastest have Commissioned 85 shaft boring power house cavern – national and conventional Dams completed Srisailam HE Project international awards tunneling World record holde
Slide 19: Stock Data
Stock Data NSE: PATELENG BSE: 531120 | ISIN: INE244B01030 Share Holding Pattern As on 05-08-2022 As on 30-06-2022 Share Price (₹) 23.85 27.25% 2.74% Promoters Market Capitalization (₹ Cr) 1,200.11 FII DII No. of Shares Outstanding 50,31,92,019 54.62% NII Face Value (₹) 1 0.37% Others 15.02% 52 week
Slide 20: Business Overview
Business Overview Investor Presentation | Q1 FY23
Slide 21: Major completed projects
Major completed projects Hydro Power/ Tunneling Irrigation Transportation Urban Infrastructure • Srisailam Left Bank Hydro Power • Koshallia Dam, Haryana • Hathipali - Hosur (NH-7), Tamil Nadu • Construction of various water tunneling Station (900 MW) projects, Maharashtra • Polavaram Project (Right
Slide 22: Major Project Under Execution
Major Project Under Execution PAN INDIA PRESENCE 48 Ongoing projects worth 17,824 Cr Hydro Power / Tunnelling Irrigation Transportation Urban Infrastructure • Subansiri HEP • Gond Irrigation Project • Shivane to Mhatre bridge • Amarmahal to Trombay Tunnel • IRCON T2 & T15 (Railway Tunnel) • Sleemana
Slide 23: Technology oriented
Technology oriented Micro-tunneling Double Lake Tap Roller Compacted Concrete (RCC) • Micro-tunneling is the only non invasive solution for • A unique technology for connecting water to • We are the only Indian Company with experience in urban areas powerhouse, to augment capacity to existing power
Slide 24: Few Landmark Projects That Set Us Apart
Few Landmark Projects That Set Us Apart Ghatghar Dam – Maharashtra 84m high Koyna HE Project - Maharashtra (260MW) Rampur HE Project - Himachal Pradesh (432 Mw) 10th fastest completed dam in the world an India’s first RCC Dam First Lake Tapping in Asia. Asia's largest Surge Shaft with 38m dia. Srisa
Slide 25: Management Overview
Management Overview Investor Presentation | Q1 FY23
Slide 26: Promoter
Promoter Mr. Rupen Patel Chairman & Managing Director A third generation entrepreneur, Mr. Rupen Patel, holds an MBA from Babson College, USA. He began his career as an Advisor to the Board of Patel Engineering Limited in 1993. Appointed as Executive Director in 1996, he was elevated to the position
Slide 27: Professional & Experienced Board Of Directors
Professional & Experienced Board Of Directors Rupen Patel Kavita Shirvaikar Sunil D. Sapre Chairman & Managing Director Whole Time Director & CFO Whole Time Director K. Ramasubramanian Sunanda Rajendran Dr. Barendra Kumar Bhoi Independent Director Independent Director Independent Director Investor P
Slide 28: Detailed Financials – Last 5 Years
Detailed Financials – Last 5 Years Investor Presentation | Q1 FY23
Slide 29: Standalone Profit & Loss Statement
Standalone Profit & Loss Statement In ₹ Cr Particulars FY18 FY19 FY20 FY21 FY22 Net Sales 2,038.90 2,069.89 2,333.06 1,719.12 3,027.79 Other Income 381.35 286.21 349.51 143.31 134.65 Total Income 2,420.25 2,356.10 2,682.57 1,862.43 3,162.44 Expenses Costs of Material Consumed 207.19 216.30 412.54 30
Slide 30: Standalone Balance Sheet
Standalone Balance Sheet In ₹ Cr Equities & Liabilities FY18 FY19 FY20 FY21 FY22 Assets FY18 FY19 FY20 FY21 FY22 Equity 15.69 16.42 40.82 46.55 47.92 Non Current Assets Reserves 2,210.44 2,287.46 2,529.27 2,445.80 2,507.10 Fixed assets 250.25 272.89 311.87 365.56 1,161.02 Net Worth 2,226.13 2,303.88
Slide 31: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement In ₹ Cr Particulars FY18 FY19 FY20 FY21 FY22 Net Sales 2,274.55 2,362.21 2,617.21 1,994.79 3,380.29 Other Income 242.60 175.10 205.73 109.14 116.21 Total Income 2,517.15 2,537.31 2,822.94 2,103.93 3,496.50 Expenses Cost of Materials Consumed 255.49 256.04 459.18
Slide 32: Consolidated Balance Sheet
Consolidated Balance Sheet In ₹ Cr Equities & Liabilities FY18 FY19 FY20 FY21 FY22 Assets FY18 FY19 FY20 FY21 FY22 Equity 15.70 16.42 40.82 46.55 47.92 Non Current Assets Reserves 2,144.11 2,260.29 2,506.18 2,273.02 2,335.71 Fixed assets 1,348.42 1,641.24 1,748.08 1,361.15 1,463.33 Net Worth 2,159.8
Slide 33: FY22 Key Financial Highlights
FY22 Key Financial Highlights In Times In Times Asset Turnover Ratio Debt - Equity 0.46 2.80 0.39 0.33 2.05 0.28 0.22 1.08 0.96 0.74 0.78 0.78 FY18 FY19 FY20 FY21 FY22 FY16 FY17 FY18 FY19 FY20 FY21 FY22 In Times In Times EV/EBITDA Mcap - Sales 7.62 0.39 0.34 4.92 5.03 0.26 4.48 0.21 3.86 0.15 FY18 F
Slide 34: Thank You
Patel Engineering Limited Thank Contact: Rahul Agarwal Phone: +91 22 2676 7500 Website: www.pateleng.com You E-mail: investors@pateleng.com Kirin Advisors Private Limited Contact: Vastupal Shah Phone: +91 22 4100 2455 Website: www.kirinadvisors.com E-mail: vastupal@kirinadvisors.com