Va Tech Wabag Limited · NSE:WABAG
Va Tech Wabag — H1 FY2022 Earnings Presentation
28 slides from Va Tech Wabag's earnings presentation, 2021
Slide 1: Results Update Presentation H1 FY 2021-22
VA TECH WABAG LTD Results Update Presentation H1 FY 2021 - 22 ENRICHINGLIVES ENGINEERING GROWTH
Slide 2: 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
Slide 3: Complete Water Treatment Solution Provider
Complete Water Treatment Solution Provider… Provides a complete range of Water and Waste Water Treatment solutions Offering spanning across Municipal Drinking Water, Municipal Sewage, Industrial Water, Industrial Effluents, Desalination and Recycle Technology focused company - Owns more than 9
Slide 4: Range of Solutions offered in Water Space
Range of Solutions offered in Water Space Sewage Water Treatment Drinking Water Treatment Industrial Water Treatment Activated Sludge Process Aeration Raw water pre treatment Sequential Batch Reactors Sedimentation Filtration Plants Membrane Bed Bio Filtration Nano / Ultra Filtrati
Slide 5: Complete Water Treatment Solution Provider: delivery models
Complete Water Treatment Solution Provider… . . . With complete portfolio of Water Solutions with . . . through various business/ delivery model technological and operational expertise . . Industrial waste water Drinking Water Treatment purification Engineering, Procurement, Construction (EPC) O&M
Slide 6: Asset light business model
Asset light business model Design Civil Operation & Technology Construction & Engineering (Outsourced) Maintenance Critical for cost In-house to ensure Mostly outsourced to In-house to ensure quality optimization compliance with designs dedicated Contractors performance Approvals to match o Co
Slide 7: Index
Index 1 Key Highlights H1 FY 21 - 22 2 Quarterly Performance & Business Updates 3 Order Book Analysis 7 ENRICHINGLIVES ENGINEERING GROWTH
Slide 8: Key Highlights H1 FY22
Key Highlights H1 FY 22 8 ENRICHINGLIVES ENGINEERING GROWTH
Slide 9: Highlights – H1 FY22: Profitable Growth Continues
Highlights – H1 FY 22 Profitable Growth Continues… Order Book of over Rs. 100 Bn including framework orders Order Intake of over Rs. 18 Bn Consolidated Revenue at Rs. 13 Bn YoY 29% ↑ Consolidated EBITDA of Rs. 892 Mn YoY 34% ↑ El Raswa WTP II Clarifier, Egypt Consolidated PAT of Rs. 414 Mn
Slide 10: Business Performance
Business Performance 10 ENRICHINGLIVES ENGINEERING GROWTH
Slide 11: Results Overview – Consolidated Profit and Loss
RESULTS OVERVIEW – Consolidated Profit and Loss Q2 Q2 H1 H1 Rs. Millions YOY % YOY % FY 22 FY 21 FY 22 FY 21 Revenue from operations 6,840 6,084 12.4% 13,420 10,392 29.1% Cost of Sales 5,141 4,735 8.6% 10,496 7,991 31.3% • Revenues up by 29%; driven by continued Total Cost of Operations (TCO) 1,133
Slide 12: Results Overview – Standalone Profit and Loss
RESULTS OVERVIEW – Standalone Profit and Loss Q2 Q2 H1 H1 Rs. Millions YOY % YOY % FY 22 FY 21 FY 22 FY 21 Revenue from Operations 5,038 3,525 42.9% 9,734 6,342 53.5% • Significant growth in Cost of Sales 3,906 2,680 45.7% 7,866 4,816 63.3% topline as a result of improved execution pace Total Cost o
Slide 13: Results Overview – Balance Sheet
RESULTS OVERVIEW – Balance Sheet Consolidated Standalone Rs. Millions Sep’21 Mar’21 Sep’21 Mar’21 • Lower trade payables as a Total Equity (Net Worth) 14,373 13,963 11,978 11,679 result of increased Non-Current Liabilities 3,518 3,997 3,098 3,518 deployment of resources to expedite execution Trade P
Slide 14: Cash Flow Statement
Cash Flow Statement H1 FY 22 Rs. Millions Consolidated Standalone Net cash generated from/(used in) (2,503) (2,513) operations Net cash generated from/(used) in • Net cash used in operations (52) 37 towards expediting pace of investing activities execution, reflecting in improved topline and Net cas
Slide 15: Robust Core Performance
Robust Core Performance H1 FY 22: 12.7% H1 FY 22 : 21.1% Reported RoCE Core RoCE 8.5% 115 7.2% 79 4.1% 3.1% EBITDA PAT NWC Days Reported CORE 15 ENRICHINGLIVES ENGINEERING GROWTH
Slide 16: Order Book Analysis
Order Book Analysis 16 ENRICHINGLIVES ENGINEERING GROWTH
Slide 17: Revenue Breakup – H1 FY22
Revenue Breakup – Q1 FY 22 EPC O&M Rs. Millions EPC O&M Total 15% Municipal Industrial Municipal Industrial Wabag India # 5,188 2,941 1,225 162 9,516 85% Wabag Overseas 2,824 292 570 16 3,702 Municipal Industrial 26% Total 8,012 3,233 1,795 178 13,218 # Including HAM SPVs 74% EPC [Rs. Bn.] O&M [Rs.
Slide 18: Key Projects Contributing to Revenue – H1 FY22
Key Projects Contributing to Revenue – H1 FY 22 Revenue recognized Project Details [Rs. Mn] Expansion SWTP 9, Jubail, KSA – STP 1,598 50 MLD Zarat, Tunisia – Desal 1,189 Dangote, Nigeria - ETP & RWTP 805 MRPL, Karnataka – Desal 785 UPJN, O&M of Agra & Ghaziabad 657 South Doha, Qatar – ST
Slide 19: Order Intake Breakup
Order Intake Breakup EPC O&M Rs. Millions EPC O&M Total 5% Municipal Industrial Municipal Industrial Wabag India 237 13,158 276 80 13,751 95% Wabag Overseas 4,336 49 491 47 4,923 Municipal Industrial 29% Total 4,572 13,207 767 127 18,673 71% Order Value Key Orders Received (Rs. Mn.) India Europe ROW
Slide 20: Order Book Composition
Order Book Composition Rs. Millions EPC O&M Total EPC O&M Municipal Industrial Municipal Industrial 35% Wabag India # 22,309 16,392 27,657 1,359 67,717 65% Wabag Overseas 19,238 263 779 986 21,266 Framework Municipal Industrial 11,426 Contracts 21% Total 41,547 16,655 28,436 2,345 100,409 # Includes
Slide 21: Order Book of Rs. 89.1 Bn & Framework Contracts of Rs. 11.4 Bn
Order Book of Rs. 89.1 Bn & Framework Contracts of Rs. 11.4 Bn Key Contracts in Orderbook Key Framework Contracts * Project Details Amt [Rs. Mn] UPJN, O&M of Agra & Ghaziabad 15,999 Libya STP of Rs. 6,114 Mn AGCC, Russia - Integrated Industrial ETP 11,902 Bomba MED, Libya of Rs. 5,312 Mn B
Slide 22: Awards and Accolades
Awards and Accolades 22 ENRICHINGLIVES ENGINEERING GROWTH
Slide 23: Global Recognition to WABAG's Journey of Excellence
Global Recognition to WABAG’s Journey of Excellence Year 2021 Environment Health Safety (EHS) World’s Top 50 Private Water Operators Excellence Awards Received 4 Prestigious Recognitions at the WABAG ranked 4th globally by GWI for ensuring safe Environment Health Safety (EHS) Excellence Awards & cle
Slide 24: Global Recognition to WABAG's Journey of Excellence
Global Recognition to WABAG’s Journey of Excellence Year 2020 Global Water Awards 2020 National Water Awards 2019 Distinction Award under "Wastewater Project of National Water Awards 2019 for ‘Best Research / the Year" from the Global Water Intelligence for our Innovation / Adaptation of New Technol
Slide 25: Global Recognition to WABAG's Journey of Excellence
Global Recognition to WABAG’s Journey of Excellence Year 2019 World’s top 50 private water operators IDA World Congress Awards 2019 Dun & Bradstreet Infra Award 2019 WABAG ranked 6th globally among the Received the “Most Innovative Company” Honoured with the Dun & Bradstreet Infra “World’s top 50 pr
Slide 26: Global Recognition to WABAG's Journey of Excellence
Global Recognition to WABAG’s Journey of Excellence Year 2018 Water Management Excellence Awards 2018 Water Digest Water Awards 2018 Water Management Excellence Award for “Outstanding “Best Water Treatment Project - Industrial” at the Contribution in Water Efficiency & Conservation” by ASSOCHAM Wate
Slide 27: Global Recognition to WABAG's Journey of Excellence
Global Recognition to WABAG’s Journey of Excellence Year 2016 Global Water Awards 2016 Dun & Bradstreet Infra Award 2016 Global Water Awards 2016 Highly Commended Award under "Water Best Infra Project Award for 100 MLD Highly Commended Award under "Industrial Company of the Year" Nemmeli SWRO Desali
Slide 28: 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. Skandaprasad Seetharaman, Mr. Gaurang Vasani, Chief Financial Officer Managing Director investors@wabag.in vgau