Va Tech Wabag Limited · NSE:WABAG

Va Tech Wabag — Q3 FY19 Earnings Presentation

17 slides from Va Tech Wabag's earnings presentation, Feb 8, 2019

1. Slide 1: Exchange cover letter for results presentation

   An ISO 9001 Company 08th February 2019 National Stock Exchange of India Limited BSE Limited, Exchange Plaza, Plot No. C/1, G Block, Floor 25, P J Towers, Sandra Kurla Complex, Dalai Street, Sandra (E), Mumbai — 400 001 Mumbai — 400 051 Dear Sir / Madam, Sub: Presentation on Unaudited Financial Resul

2. Slide 2: Result Update Presentation Q3 & 9 Months FY19

   VA TECH WABAG LTD. RESULT UPDATE PRESENTATION Q3 & 9 MONTHS FY 19

3. Slide 3: Safe Harbour

   Safe Harbour  This presentation and the accompanying slides (the “Presentation”), which have been prepared by VA TECH WABAG 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 secu

4. Slide 4: Index

   Index 1 Key Highlights 9 Months YTD FY 19 2 Quarterly Performance 3 Order Book Analysis 3 Water +ve

5. Slide 5: Business Overview

   Business Overview Al Madina Al Shamalia (AMAS) Sewage Treatment Plant, Kingdom of Bahrain 4

6. Slide 6: Key Highlights 9M FY19

   Key Highlights 9M FY 19 5 Water +ve

7. Slide 7: Key Highlights

   Key Highlights 9M FY 19  Consolidated Revenue : INR 21 Bn  Consolidated EBITDA : INR 1.7 Bn  Consolidated PAT : INR 643 Mn  Order Book over INR 90.6 Bn including framework orders Water Treatment Plant, Melamchi, Nepal 6 Water +ve

8. Slide 8: Quarterly Performance

   Quarterly Performance 7 Water +ve

9. Slide 9: Results Overview – Consolidated Profit and Loss

   RESULTS OVERVIEW – Consolidated Profit and Loss Rs. Millions Q3 FY 19 Q3 FY 18 YOY % 9M FY 19 9M FY 18 YOY % Revenue from • Key overseas 6,619 8,647 (23.5%) 21,017 24,198 (13.1%) projects like AMAS operations and RAPID are in Cost of Sales 5,073 6,851 (26.0%) 16,184 19,211 (15.7%) completion stage;

10. Slide 10: Results Overview – Standalone Profit and Loss

    RESULTS OVERVIEW – Standalone Profit and Loss Rs. Millions Q3 FY 19 Q3 FY 18 YOY % 9M FY 19 9M FY 18 YOY % • Execution progress impacted by delay Revenue from 4,516 4,609 (2.0%) 13,127 13,218 (0.69%) in realization and Operations consequent start up Cost of Sales 3,403 3,532 (3.7%) 9,988 10,186 (1.9

11. Slide 11: Revenue Breakup – EPC and O&M

    Revenue Breakup – 9M FY 19 EPC O&M Rs. Millions EPC O&M Total 13% Municipal Industrial Municipal Industrial Wabag India 6,422 5,073 942 267 12,704 Wabag Overseas 3,030 3,542 924 458 7,954 87% Total 9,452 8,615 1,866 725 20,658 Municipal Industrial 45% EPC [Rs. Bn.] 55% O&M [Rs. Bn.] India Europe MDU

12. Slide 12: Key Projects Contributing to Revenue

    Key Projects Contributing to Revenue – 9M FY 19 Revenue recognized Project Details [Rs. Mn]  Desal & STP Order, Saudi Arabia 2,556  Petronas RAPID, Malaysia – ETP 1,997  Dangote, Nigeria - ETP & RWTP 1,797  Polghawela, Sri Lanka – WTP 1,142  HMEL, Bathinda – ETP 985  Koyambedu, Chennai – TTP 9

13. Slide 13: Order Book Analysis

    Order Book Analysis 12 Water +ve

14. Slide 14: Order Intake Breakup

    Order Intake Breakup EPC O&M Rs. Millions EPC O&M Total 10% Municipal Industrial Municipal Industrial Wabag India 16,357 5,311 1,609 127 23,404 90% Wabag Overseas 8,549 2,050 1,054 609 12,262 Municipal Industrial Total 24,906 7,361 2,663 736 35,666 23% Order Value Key Orders Received (Rs. Mn.) 77% D

15. Slide 15: Order Book Composition

    Order Book Composition EPC O&M Rs. Millions EPC O&M Total 19% Municipal Industrial Municipal Industrial Wabag India 30,958 13,656 12,934 1,413 58,961 81% Wabag Overseas 20,015 3,168 980 485 24,648 Municipal Industrial Framework 6,996 22% Contracts Total 50,973 16,824 13,914 1,898 90,605 78% 15.8 Ind

16. Slide 16: Order Book and Framework Contracts; Guidance for FY19

    Order Book of Rs. 83.6 Bn & Framework Contracts of Rs. 7 Bn Key Contracts in Orderbook Key Framework Contracts * Project Details Amt [Rs. Mn]  Expansion SWTP 9, Jubail, KSA – STP 8,199  Libya STP of Rs. 6,114 Mn  50 MLD Zarat, Tunisia – Desal 5,494  Koye Fetche, Ethiopia of Rs. 882 Mn  South Do

17. Slide 17: For further information, please contact

    For further information, please contact Company : Investor Relations Advisors : VA Tech Wabag Ltd. Stellar IR Advisors Pvt. Ltd. CIN - L45205TN1995PLC030231 CIN - U74900MH2014PTC259212 Mr. Gaurang Vasani, Managing Director investors@wabag.in vgaurang@stellar-ir.com www.wabag.com www.stellar-ir.com 1

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