Va Tech Wabag Limited · NSE:WABAG
Va Tech Wabag — Shareholder Meeting (August 2024)
19 slides from Va Tech Wabag's shareholder meeting presentation, Aug 14, 2024
Slide 1: VA TECH WABAG LTD 29th Annual General Meeting
14 August 2024 VA TECH WABAG LTD th 29 ANNUAL GENERAL MEETING Celebrating a Century of Innovation, Leadership, and Sustainability www.wabag.com
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 securi
Slide 3: Index
INDEX 01. 30 MLD Makati South STP Manila Water Company Inc, Philippines Our Business 02. Business Strategy 03. Performance Celebrating a Century of Innovation, Leadership, and Sustainability 3
Slide 4: Our Business
Our Business NMDC ZLD Plant Chhattisgarh Celebrating a Century of Innovation, Leadership, and Sustainability 4
Slide 5: 100 Years Young & Strong
100 Years Young & Strong 2024 WABAG celebrates its Centenary 2010 VA TECH WABAG Ltd. goes Public (NSE, BSE) 2007 Reunification: WABAG India takes over WABAG Austria Group from SIEMENS 2005 Sale of WABAG India: Management buyout backed by ICICI Venture 2005 Acquisition of VA TECH by Siemens; WABAG be
Slide 6: Complete Water Treatment Solution Provider
Complete Water Treatment Solution Provider Technology Focused Total Solution Provider Experienced Leadership • 125+ IP Rights developed in-house • 100 years of presence in over 25 countries • Professional Management with average • Global R&D centres in Europe and India 30 years experience in the wat
Slide 7: Our Business
Our Business Multicultural | Multilingual | Multinational • Bahrain • Oman • Austria • Qatar • Germany • Saudi Arabia • Romania • UAE • Russia • >25 Countries • • Turkey CIS Countries • Kuwait Iraq >1,600 Wabagites • Egypt • India (HQ) • Ethiopia • Bangladesh • Libya • Malaysia The world's • Namibia
Slide 8: Aligning with Sustainable Development Goals (SDG)
Aligning with Sustainable Development Goals (SDG) (Reshaping the Sector for a Greener Tomorrow) Sustainable Responsible Clean Water Cities & Consumption Climate Life Below Partnerships & Sanitation Communities & Production Action Water for the Goals Our Path To Water Waste To Resource Circular Net Z
Slide 9: Aligning with Sustainable Development Goals (SDG)
Aligning with Sustainable Development Goals (SDG) (WABAG’s Contribution to Water & Environment over last 2.5 decades) 27 million m3 2.7 million m3 Waste Water Recycled Treated per day Water per day 1.3 million m3 27.5 million m3 Desalinated Clean Water Water per day per day > 41 MW Reducing >630 Ton
Slide 10: Business Strategy
Business Strategy NMDC ZLD Plant Chhattisgarh Celebrating a Century of Innovation, Leadership, and Sustainability 10
Slide 11: Overview of Global Water Market
Overview of Global Water Market Growing Semiconductor and Green CIS countries emerges as focus Hydrogen market shall drive the market for Oil & Gas projects demand for Industrial projects Large scale Desalination projects Massive outlay under Govt. announced in Saudi Arabia & Egypt schemes shall con
Slide 12: Business Strategy - 'Wriddhi'
Business Strategy - ‘Wriddhi’ Focus on EP, Industrial & Partnerships Agile International Improved with Financial Global jobs to improve (Capital Projects), Go To Market diversification, O&M Business Construction & Delivery Teams cash-flows & time Focus Technology Partners Centres control for better
Slide 13: Business Transformation post 'Wriddhi'
Business Transformation post “Wriddhi” O&M EP Industrial International EBITDA (% of Revenue) (% of Revenue) (% of Revenue) (% of Revenue) ~15% >1/3 of EPC ~30% ~40% 7.7% to >13% FY 2021 FY 2024 (4 years average) (4 years average) (4 years average) PAT ROE ROCE Free Cash Flow Net Cash 3.9% to ~9% 7.9
Slide 14: Performance
Performance NMDC ZLD Plant Chhattisgarh Celebrating a Century of Innovation, Leadership, and Sustainability 14
Slide 15: Key Performance Metrics – FY24
Key Performance Metrics – FY24 EBITDA >13% PAT ~9% Driven by EP, International, Driven by debt control & improved Industrial & Technology Projects operating margins Net Cash Rs. 2,356 Mn ROCE ~19% FCF 1,683 Mn Driven by Asset Light Business Driven by efficient Debt and Cash Model Management Strong B
Slide 16: Wabag continues 'Net Cash Positive' journey
Wabag continues “Net Cash Positive” journey…. In Rs. Millions Fourth consecutive year of Group “NET CASH” Turnaround 2,356 1,007 437 96 (519) (1,821) (2,916) (4,327) Mar'17 Mar'18 Mar'19 Mar'20 Mar'21 Mar'22 Mar'23 Mar'24 Celebrating a century Century of of Innovation, Innovation, Leadership, Leader
Slide 17: Order Book Composition
Order Book Composition By Business Offering & Customer Segment By Geography Rs. Millions Municipal Industrial Total Rs. Millions Total EPC O&M EPC 50,106 7,767 57,874 India 68,639 O&M 41,770 3,166 44,937 Rest of the World (RoW) 34,171 Framework - - 11,673 Framework 11,673 47.0 44.9 Total 91,877 10,9
Slide 18: Medium Term Outlook
Medium Term Outlook ROE >15% Net Cash Positive Profitable Growth… O&M at 20% of Total Revenues ROCE >20% Asset Light EBITDA 13 - 15 % Revenues 15 - 20 % CAGR Order Book 3X of Revenue Responsible & Responsive… Celebrating a Century of Innovation, Leadership, and Sustainability 18
Slide 19: Thank You
THANK YOU Celebrating a Century of Innovation, Leadership, and Sustainability 19