Engineers India Limited · NSE:ENGINERSIN

Engineers India — FY2019-20 Earnings Presentation

42 slides from Engineers India's earnings presentation, Jun 26, 2020

  1. Slide 1: Exchange filing cover letter for investor presentation

    bZesy/e-mail: company.secretary@eil.co.in,nwjHkk’k /Phone: 011-26762855/2580 कंऩनी सचिवालय/ COMPANY SECRETARIAT सं.सचिव/No. Secy/906/9/10 26.06.2020 The BSE Limited The National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, 5th Floor Dalal Street, Fort Bandra Kurla Comple

  2. Slide 2: Investor Presentation Annual Results: FY 19-20

    Investor Presentation Annual Results : FY 19-20 25th Jun 2020

  3. Slide 3: Contents

    Contents Page # 1 Overview of Engineers India Limited (“EIL”) 3 2 Track Record and Credentials 10 3 Financials and Order Book Overview 19 4 Orders in hand and Outlook 31 2

  4. Slide 4: Overview of Engineers India Limited ("EIL")

    1 Overview of Engineers India Limited (“EIL”)

  5. Slide 5: Company Background

    Company Background Marquee Projects  India’s leading engineering consultancy & EPC company BPCL Refinery, Kochi  Over 7000 assignments executed for projects worth over USD 200 Bn  More than Five decades of experience on landmark projects Bina Refinery  Significant track record across entire oil

  6. Slide 6: Evolution & Key Milestones – Over 5 decades

    Evolution & Key Milestones – Over 5 decades  Awarded the Navratna  Wholly owned  Commenced  Expansion in  Diversified into  Commenced Status Government of first Hydrocarbons Infrastructure services in sub- India (GoI) international value chain in 2001 surface crude  20% stake offloaded compan

  7. Slide 7: Lines of Business

    Lines of Business Oil & Gas Petrochemicals & Metallurgy Oil and Gas Refinery Petrochemicals Mining and Processing Metallurgy Infrastructure Storages and Fertilizers Water and Waste Strategic Storage, Fertilizer Smart Cities Terminals and Management Pipelines 6

  8. Slide 8: Service Offering - From Concept to Commissioning

    Service Offering - From Concept to Commissioning Process Design Engineering Procurement  Pre-feasibility studies  Residual engineering and FEED  Supplier and contractor  Technology and licensor selection management  Detailed engineering  Conceptual design & feasibility  Engineering for procur

  9. Slide 9: Modes of Contracts Managed

    Modes of Contracts Managed Consultancy Contracts  Front-end Engineering & Design 1 2 for complete definition of scope  Engineering, Procurement and FEED for selection of EPC contractor Construction Management EPCM  Project Management Services 3 Consultancy Services for PMC managing EPC contractor

  10. Slide 10: Technology at the forefront of Consultancy Services

    Technology at the forefront of Consultancy Services o R&D Center at Gurugram o Developed more than 35 process technologies Delayed Coking o 31 live Patents, 27 pending patent & Vis- breaking applications Aromatic Paraffin Wax Extraction o Technology collaboration with IOCL/Indian Institute of Petrol

  11. Slide 11: Track record and Credentials

    2 Track record and Credentials

  12. Slide 12: Strong Track Record with diverse client base

    Strong Track Record with diverse client base 82 major Refinery Projects As of March 2019 incl 10 Green-field Projects 44 Oil & Gas 11 Major Petrochemical Projects Processing Projects 213 Offshore Projects including Process Platforms 50 Pipeline Projects 10 Fertiliser Projects BCIC BCPL 14 Ports & St

  13. Slide 13: Leadership Position in Refineries & Petrochemicals in India

    Leadership Position in Refineries & Petrochemicals in India Milestones HMEL Petro Plant Bongaigaon Petro. Plant  20 out of 23 Refineries in India Pata Petro. Plant 1&2 HMEL- GGSR Refinery have EIL Footprints Panipat Refinery PUNJAB Guwahati Refinery  Installed 10 out of the 11 mega Mathura Refiner

  14. Slide 14: Increased Focus in Overseas Geographies

    Increased Focus in Overseas Geographies Select Overseas Projects across various segments Sector Country Client Sector Country Client Refinery Nigeria Dangote Fertilizers Nigeria Indo Rama Refinery Bangladesh ERL Fertilizers Indonesia PAU Fertilizer Refinery Algeria Sonatrach Fertilizers Bangladesh B

  15. Slide 15: Personnel Experience

    EIL Manpower Resources Qualification Count Personnel Experience 12% Graduates in Engineering 1982 21% Post Graduates in Engineering 268 Doctorates in Engineering 14 21% Total Personnel with Engineering 2264 Qualification (Technical Manpower) Other Professionals 145 46% (MBA/MCA/CA/ICWA/CS) 0-10 10-2

  16. Slide 16: Experienced Leadership: Executive Directors

    Experienced Leadership: Executive Directors (as on 31st Mar 2020) Mr. J.C.Nakra  He has varied experience of about 36 years in the fields of Projects, Construction & Marketing Chairman &  He has served in Marketing and Project Divisions. He has steered the Marketing initiatives of EIL for business

  17. Slide 17: Experienced Leadership: Non-Executive Directors

    Experienced Leadership: Non-Executive Directors (as on 30th April 2020) Mr. B N Reddy Govt Nominee  Mr. B N Reddy has been appointed as a Government Nominee Director on the Board effective May 27th ‘2019. He is an IFS Officer and has served in various Indian Missions in Indonesia, Lao-PDR, New York

  18. Slide 18: Experienced Leadership: Non-Executive Directors

    Experienced Leadership: Non-Executive Directors (as on 30th April 2020) Mr. Chaman Kumar Non-official  Mr. Chaman Kumar is a Non-official Independent Director of Engineers India Limited . He is a retired officer of Indian Administrative Service. Holds Master’s degree in Physics from Kanpur Universi

  19. Slide 19: Awards and Accolades (2019-20)

    Awards and Accolades (2019-20)  Dun & Bradstreet Corporate Awards 2019 in Best Growth Performance - Engineering Projects/ Capital Goods category on May 29, 2019.  CII 3rd National Energy Efficiency Circle Competition - First prize in the “Energy Efficient Technology Provider and Impact created” ca

  20. Slide 20: Financials and Order Book Overview

    3 Financials and Order Book Overview

  21. Slide 21: Financial and Operating Track Record - Consolidated

    Financial and Operating Track Record - Consolidated Total Income (INR mn)* Revenue Segmentation* Consulting Turnkey 40,000 100% 80% INR mn 30,000 60% 20,000 40% 81% 34,921 78% 67% 26,981 56% 49% 51% 20% 44% 10,000 20,005 33% 17,879 17,022 19% 22% 0% 0 2015-16 2016-17 2017-18 2018-19 2019-20 2015-16

  22. Slide 22: Financial and Operating Track Record - Consolidated

    Financial and Operating Track Record - Consolidated EBITDA## Performance (INR mn)* 6,000 23% 25% 21% 14% 20% 4,000 15% 14% 15% INR mn 10% 4,275 4,532 2,000 3,756 3,143 5% 2,082 0 0% 2015-16 2016-17 2017-18 2018-19 2019-20 EBITDA (INR mn) - LHS EBITDA Margins (%) - RHS * Note: All figures have been t

  23. Slide 23: Financial and Operating Track Record - Consolidated

    Financial and Operating Track Record - Consolidated Profitability (INR mn)* Earnings per Share – EPS (INR)* Return on Net Worth (%) INR Mn INR INR mn 6,000 40% 30,000 28,219 28,449 80% 20.0 18.0 70% 23,412 24,060 35% 25,000 23,445 16.0 4,238 60% 4,000 3,833 30% 14.0 20,000 3,684 50% 3,302 12.0 2,814

  24. Slide 24: Financial and Operating Track Record - Consolidated

    Financial and Operating Track Record - Consolidated Dividend Distribution (INR mn)* INR Mn 7,500 120% 103% 100% 6,000 83% 79% 88% 73% 80% 80% 80% 4,500 62% 3,722 60% 60% 3,044 3,047 3,000 40% 2,408 40% 1,622 1,500 20% 0 0% 2015-16 2016-17 2017-18 2018-19 2019-20 Gross Dividend incl. tax (INR) - LHS

  25. Slide 25: Annual Performance Summary – Standalone

    Annual Performance Summary – Standalone Rs Mn TURNOVER 2019-20** 2018-19** 2017-18** 2016-17** 2015-16** 2014-15 Consultancy 15,653 13,494 13,793 11,650 10,074 9,480 Turnkey 16,377 10,949 4,083 2,836 5,036 7,650 Consultancy + Turnkey 32,030 24,443 17,876 14,486 15,110 17,130 Other Income 2,580 2,251

  26. Slide 26: Quarterly Performance Summary – Standalone 2019-20

    Quarterly Performance Summary – Standalone 2019-20 Rs Mn TURNOVER Q1 Q2 Q3 Q4 H1 H2 9M Annual Consultancy – Domestic 3024.0 2898.1 2784.5 3331.5 5922.5 6115.4 8706.4 12037.9 Consultancy - Overseas 1421.5 641.9 866.6 685.1 2063.0 1552.2 2930.1 3615.2 Consultancy Total 4445.5 3540.0 3651.1 4016.6 7985

  27. Slide 27: Quarterly Performance Track Record - Standalone

    Quarterly Performance Track Record - Standalone Total Income Consultancy Turnkey Other Income 10,000 8,000 INR Mn 6,000 5255 4,445 4521 3,845 4,017 4,000 3,245 3,330 3,373 3,3243490 3,425 3,522 3,5403697 3,651 3,223 2904 2510 2345 2604 1725 2,000 961 889 614 596 655 657 685 509 456 467 393 479 522 5

  28. Slide 28: Quarterly Performance Track Record – Standalone

    Quarterly Performance Track Record – Standalone Segment Wise Operating Profit 1,745 Consultancy Turnkey 1,440 1,500 1,373 1,057 1,019 1,011 964 968 909 900 902 INR Mn 1,000 896 486 500 285 121 147 175 143 163 160 130 108 79 39 0 Q1 17-18 Q2 17-18 Q3 17-18 Q4 17-18 Q1 18-19 Q2 18-19 Q3 18-19 Q4 18-19

  29. Slide 29: Business Secured and Order Book – Standalone

    Business Secured and Order Book – Standalone Rs Mn Business Secured FY 19-20 FY 18-19 FY 17-18 FY 16-17 FY 15-16 Consultancy Turnkey 100% 0% Consultancy (domestic) 8,119 14,942 13,572 20,319 9,900 14% 22% 80% Consultancy (overseas) 8,053 911 3,036 2,644 3,860 60% 60% 73% 100% Consultancy Total 16,17

  30. Slide 30: Orders Secured Break up - Standalone

    Orders Secured Break up - Standalone Consultancy Vs LSTK Consultancy Domestic Vs Overseas Consultancy LSTK Domestic Overseas 0% 50% 50% 100% Consulting Total Orders Segmental Break up Segmental Break up 0.41% 0.41% 4.47% 1.08% 4.47% 1.08% HYDROCARBONS HYDRO INFRA INFRA METAL, POWER & OTHERS METAL, P

  31. Slide 31: Order Book Break up - Standalone

    Order Book Break up - Standalone OBP: Consultancy Vs LSTK OBP: Domestic Vs Overseas 31% Consultancy Domestic 47% 53% Overseas LSTK 69% Note : Data on unconsolidated basis 30

  32. Slide 32: Orders in Hand and Outlook

    Orders in Hand and Outlook > ENGINEERS sean felfates SS INDIA LIMITED

  33. Slide 33: Major ongoing Projects

    Major ongoing Projects Project Client Project Location Refinery Projects Panipat Refinery Expansion (15 to 25 MMTPA) IOCL Panipat PRFCC, PP and SRU Project BPCL Rasayani & Mumbai BS VI Project IOCL Panipat, Gujarat, Haldia, Bongaigaon BS-VI Project CPCL Chennai BS-VI Project MRPL Mangalore Visakh Re

  34. Slide 34: Major ongoing Projects

    Major ongoing Projects Project Client Project Location Petrochemical Project PP Unit GAIL Pata Propylene Derivative Petrochemical Project BPCL Kochi Guru Gobind Singh Polymer Addition Project HMEL Bhatinda Methanol & Formalin Plant APL Namrup, Assam Fertilizer Project Revival of Ramagundam Fertilize

  35. Slide 35: Major ongoing Projects

    Major ongoing Projects Project Client Project Location Infrastructure Projects Condition Assessment & Feasibility Study, Entry Level Activities NMCG UP & Bihar Under Namami Gange Programme, NMCG Laying of Interceptor Sewers for Yamuna at Delhi (DJB) DJB Delhi Different locations Govt. of Odisha Atal

  36. Slide 36: Global Oil Outlook & Refining Capacity Outlook India

    Global OIL Outlook & Refining Capacity Outlook India Source: OPEC/IEA Energy Mix ( %) : India India to exhibit strong growth in APAC Region Robust POL Demand driving Indian refining capacity (249 MMT) to projected 533 MMT by 2040 NG and Renewable share in Energy Mix to Rise to 15% by 2030 Source: BP

  37. Slide 37: India's Chemical industry: Unleashing the next wave of growth

    India’s Chemical industry: Unleashing the next wave of growth A consistent value creator with a positive outlook. Uncertainty for the world, possibilities for India Several global oil and gas majors are turning their sights on downstream chemical opportunities. This may increase the focus on petroch

  38. Slide 38: Polymer Demand Drivers (PE/PP/PVC)

    Polymer Demand Drivers (PE/PP/PVC) Rising Middle class Infrastructure Higher Income Housing and Health Sector Urbanization Automobile/ Electronic goods Economic Application Growth GOI Polymer Policies demand Make in India Retail-Food packaging Swachh Bharat Agriculture/ Irrigation Smart C

  39. Slide 39: Opportunities In Diversified Sectors

    Opportunities In Diversified Sectors URBAN INFRASTRUCTURE Alternative Fuels  India has a requirement of investment worth Rs 50 trillion (US$  New Bio Fuel Policy Announced by GoI 777.73 billion) in infrastructure by 2022 to have sustainable  GOI mandate to implement E5/E10/E20 by 2022 development

  40. Slide 40: Strategizing for Growth

    Strategizing for Growth  Collaborative Technology  Equity Development Participation in  Alliances for  Leverage track select assets Diversification record for related  Explore sweat  Consolidate diversification equity options for presence in select projects  Focus on Middle East Alliances Hyd

  41. Slide 41: Disclaimer

    Disclaimer This presentation report is for distribution only under such circumstances as may be permitted by applicable law. It is published solely for information purposes, it does not constitute an advertisement and is not to be construed as a solicitation or an offer to buy or sell any securities

  42. Slide 42: Thank You

    THANK YOU

Engineers India — FY2019-20 Earnings Presentation on 6ix