Slide 1: Submission of Investor/Analysts Presentation cover letter
PATEL ENGINEERING Lro. CIN: L99999MH1949PLC007039 May 23, 2022 To, SSE Limited The National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Sandra - Kurla Complex, Mumbai - 400 00 l Mumbai - 400 051 SCRIP CODE: 531120 SYMBOL: PATELENG Security: Equity Securit
Slide 2: Patel Engineering Limited Investor Presentation Q4 FY22
Since 1949 PATEL ENGINEERING LIMITED Investor Presentation | Q4 FY22
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: Company Overview
Company Overview Investor Presentation | Q4 FY22
Slide 5: One of the most integrated infrastructure and construction services conglomerates in India
About Patel Engineering 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, tun
Slide 6: Key Facts and Figures
Key Facts and Figures 7+ decades 16 States 12,000+ Experience Current Domestic Presence MW Hydro Project 85+ 300+ Kms 5.5+ Lakhs Dams of Tunnels Acres Irrigated FY22 1,200+ Kms ₹ 15,011 Cr ₹ 3380 Cr :Revenue Road Order book ₹ 527 Cr :Op. EBITDA ₹ 72 Cr :PAT Investor Presentation | Q4 FY22 5
Slide 7: 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 8: Key Highlights Of FY22
Key Highlights Of FY22 Our T2 project was featured in Ace At our Sela Pass Project, which is In the Jammu and Kashmir zone, a Achieved Fastest Boring and Magazine where Our Whole Time the highest bi-directional road breakthrough of 8.0 meters dia maximum record progress of 653M Director and CFO, Ms.
Slide 9: 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
Slide 10: Stock Data
Stock Data NSE: PATELENG BSE: 531120 | ISIN: INE244B01030 Share Holding Pattern As on 20-05-2022 As on 31-03-2022 Share Price (₹) 26.85 27.24% 2.73% ■ Promoters Market Capitalization (₹ Cr) 1,286 ■ FII No. of Shares Outstanding 47,92,30,494 ■ DII 54.62% Face Value (₹) 1 ■ NII 0.39% ■ Others 52 week
Slide 11: Results Highlights
Results Highlights Investor Presentation | Q4 FY22
Slide 12: Standalone Profitability Highlights
Standalone Profitability Highlights Narration Q4 FY22 Q4 FY21 Standalone Y-O-Y % FY22 FY21 - In ₹ Cr Y-O-Y % Revenue from Operations 1,040.78 623.50 66.93% 3,027.79 1,719.12 76.12% Expenses 885.14 566.06 2,569.79 1,550.28 Operating EBITDA 155.64 57.44 170.96% 458.00 168.84 171.26% EBITDA Margin 14.9
Slide 13: Standalone Revenue From Operations
Standalone Revenue From Operations Quarterly Revenue Last 3 Financial Years - In ₹ Cr 1,040.78 3,027.79 2,333.06 760.1 623.5 651.56 1,719.12 575.35 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY23 Q4 FY22 FY20 FY21 FY22 March 21 lower due to COVID Impact Q4 FY22 grew 66.93% YoY Q4 FY22 Revenue Breakup FY22 Revenue B
Slide 14: Strong Order Book
Strong Order Book In ₹ Cr Yearly Order Book Segment Wise Order Book 3.10% 0.20% Hydroelectric Segment No. of Projects Order Book Value Hydroelectric 16 9,236 6.40% Irrigation 15,011 Irrigation 10 2,625 14,466 11.20% Tunnel Tunnel 4 1,687 13,184 Road 7 966 Road 17.50% 61.50% Urban Infrastructure 7 47
Slide 15: Order Book: Major Orders in Hydro segment Received In Last 2 Years
Order Book: Major Orders in Hydro segment Received In Last 2 Years Project Name - Value of Contract In ₹ Cr Kiru HEP, J&K 2,240 Subansiri HEP, Arunachal Pradesh 1,564 Teesta HEP, Sikkim 1,251 Luhri HEP, Himachal Pradesh 976 Total 6,031 Investor Presentation | Q4 FY22 14
Slide 16: Consolidated Profitability Highlights
Consolidated Profitability Highlights Narration Q4 FY22 Q4 FY21 Consolidated Y-O-Y % FY22 FY21 - In ₹ Cr Y-O-Y % Sales 1,111.66 733.58 51.54% 3,380.29 1,994.79 69.46% Expenses 956.85 655.21 2,852.57 1,760.16 Operating EBITDA 154.81 78.37 97.54% 527.72 234.63 124.92% EBITDA Margin 13.93% 10.68% 15.61
Slide 17: Consolidated Revenue From Operations
Consolidated Revenue From Operations Quarterly Revenue Last 3 Financial Years - In ₹ Cr 1,111.66 3,380.29 877.93 2,617.21 733.58 724.45 666.25 1,994.79 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY23 Q4 FY22 FY20 FY21 FY22 March 21 lower due to COVID Impact Investor Presentation | Q4 FY22 16
Slide 18: 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 19: Business Overview
Business Overview Investor Presentation | Q4 FY22
Slide 20: 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 21: Major Project Under Execution
Major Project Under Execution PAN INDIA PRESENCE 46 Ongoing projects worth 15,011 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 22: 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 23: Strong Client Base – Some Major Clients
Strong Client Base – Some Major Clients r+, SJVN Chenab Valley Power Projects (P) Ltd Satluj Jal Vidyut Nigam Ltd lion IRCON INTERNATIONAl llMIHD 1clfctl5mfc!im~ (A Gomnment of India Undertaking) Rail Vikas Nigam limited Investor Presentation | Q4 FY22 22
Slide 24: Diversly 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 8 4,058 Pradesh 2 Himachal Pradesh 3 2,504 Uttarakhand 3 Madhya Pradesh 6 2,135 Arunachal Sikkim Pradesh 4 Maharashtra 8 1,047 Nepal 5 Sikkim 1 1,306 R
Slide 25: Management Overview
Management Overview Investor Presentation | Q4 FY22
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: Importance Of Hydropower
Importance Of Hydropower Investor Presentation | Q4 FY22
Slide 29: Hydropower Industry Overview
Hydropower Industry Overview Fast-growing power demand, large untapped potential and growing flexibility needs are main drivers behind India’s hydropower growth. As of January 2022, India's installed renewable energy capacity stood at 152.36 GW, representing 38.56% of the overall installed power cap
Slide 30: Few Landmark Projects That Set Us Apart
Few Landmark Projects That Set Us Apart Investor Presentation | Q4 FY22
Slide 31: India's First RCC Dam
India’s First RCC Dam Ghatghar Dam, 84m high 10th fastest completed dam in the world Maharashtra, India
Slide 32: Koyna Hydro Electric Project (260 MW)
Koyna Hydro Electric Project (260 MW) First Lake Tapping in Asia. Maharashtra, India
Slide 33: Rampur Hydro Electric Project (432 MW)
Rampur Hydro Electric Project (432 Mw) Asia's largest Surge Shaft with 38m dia. Himachal Pradesh, India
Slide 34: Srisailam HE Project (900 MW)
Srisailam HE Project (900 MW) Largest Underground Cavern in Asia 25.7m (W) x 53m (H) x 236m (L) Andhra Pradesh, India
Slide 35: Sawrakuddu Hydro Power Project (111 MW)
SAWRAKUDDU HYDRO POWER PROJECT (111 MW) First Piano Key Weir in India Himachal Pradesh, India
Slide 36: Detailed Financials
Detailed Financials Investor Presentation | Q4 FY22
Slide 37: Standalone Profit & Loss Statement
Standalone Profit & Loss Statement Net Sales Particulars FY18 2,038.90 FY19 2,069.89 FY20 2,333.06 FY21 1,719.12 - FY22 In ₹ Cr 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
Slide 38: Standalone Balance Sheet
Standalone Balance Sheet Equities & Liabilities Equity FY18 15.69 FY19 16.42 FY20 40.82 FY21 46.55 FY22 47.92 Assets Non Current Assets FY18 FY19 FY20 FY21 - In ₹ Cr FY22 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.
Slide 39: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement In ₹ Cr Particulars0. 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 255.49 256.04 459.1
Slide 40: 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 41: Thank You
Patel Engineering Limited Thank Contact: Rahul Agarwal Phone: +91 22 2676 7500 Website: www.pateleng.com You fl K p •·· E-mail: investors@pateleng.com '+I fl Kirin Advisors Private Limited Contact: Vastupal Shah Phone: +91 22 4100 2455 Website: www.kirinadvisors.com E-mail: vastupal@kirinadvisors.co