Bgr Energy Systems Limited · NSE:BGRENERGY
Bgr Energy Systems — Investor Presentation (September 2008)
27 slides from Bgr Energy Systems's investor presentation, September 2008
Slide 1: Engineering Energy... September 2008
Engineering Energy... September 2008
Slide 2: BGR Energy serves the core sectors of the Indian economy
Power Oil & Gas Vv ) BGR ENERGY SERVES THE CORE SECTORS OF THE INDIAN ECONOMY
Slide 3: BGR Energy – A Snapshot
BGR Energy – A Snapshot Promoted by Mr. B.G. Raghupathy (BGR) as a joint venture with GEA Energietechnik GmbH, Germany in 1985 Business predominantly in two segments, viz., Supply of systems and equipment; and Turnkey engineering project contracting Accreditations ISO:9001 Certification
Slide 4: Proven track record across business divisions
Proven track record in design, engineering and project management capabilities across business divisions Power Projects Division Captive Power Division Oil & Gas Equipment Division Air Fin Cooler Division Environmental Engineering Division Electrical Projects Division Group p Companies p
Slide 5: Business Divisions
Business Divisions Revenue e e ue break b ea up for o Year ended 31-March-08 Order backlog as of 1st September 2008 4% 2% Air Fin Cooler 8% 3% Environmental 1549 21% Engineering 172 380 Air Fin Cooler Oil & Gas Equipment q p 132 3 3874 Electrical Projects Power Projects Oil & Gas Captive Power Equip
Slide 6: Key Milestones
Received 2x600 Received 2x500 MW EPC contracts Key Milestones MW BOP contracts from RRVUNL for Received from APGENCO for Kalisindh TPP power tradingVijayawada TPP & license Kakatiya TPP S Secured d fi firstt EPC contract for 120 Established MW power plant in the Project Division Tamil Nadu 2008 Comp
Slide 7: Favorable Indian Industry Dynamics
Favorable Indian Industry Dynamics Total installed capacity – July2008 53% 8% 3% 10% 1% 25% Coal Gas Oil Hydro Nuclear Renewable Total – 135,007 MW Source: CRISIL 1000 12.0% (Billion Units) 9.7% 8.9% 750 8.4% 9.0% 7.2% 7.3% 691 730 500 632 6.0% 559 591 624 665 519 548 579 250 3.0% 0 0.0% 2003-04 200
Slide 8: Power Project Division
Power Project j Division Turnkey Engineering, Procurement & Construction (EPC) and Balance of Plant (BOP) Contracting Early adopter of BOP concept in India Order backlog of Rs.102975 Million as of 1st September 2008 Possesses in-house design and engineering capabilities, and employs T Total
Slide 9: Power Projects Division - Projects Completed
POWER PROJECTS DIVISION - PROJECTS COMPLETED PROJECT FUEL ORDER VALUE SCOPE (Rs. In Million ) RRVUNL - 330 MW CCPP, CCPP Dholpur, Dholpur Rajasthan Gas 2095 Turnkey Engineering, Procurement & Construction TNEB - 95 MW CCPP, Valathur, Tamil Nadu Gas 594 of Balance of Plant including Grasim Industries
Slide 10: Power Projects Division - Projects Under Execution
POWER PROJECTS DIVISION - PROJECTS UNDER EXECUTION ORDER VALUE PROJECT FUEL SCOPE ( Rs. in Million) RRVUNL - 2 X 600 MW Kalisindh TPS, Rajasthan Coal 49000 Engineering Procurement and Construction of the Power Plant TNEB - 1 X 600 MW Mettur TPS, Tamil Nadu Coal 31000 APGENCO - 500 MW Kothagudem TPS,
Slide 11: Orders to be finalized in the near term
Orders to be finalized in the near term Location Owner Size (MW) Fuel Scope 1800 Koradi , Maharastra MAHAGENCO Coal EPC (3X600) Uran Maharashtra Uran, MAHAGENCO 1150 Gas EPC Chabra, Rajasthan RRVUNL 500 Coal BOP 1200 Malwa, Chattisgarh MPPGENCO Coal BOP (2 x 600) 500 Satpura, Chattisgarh MPPGENCO Co
Slide 12: Captive Power Division
Captive p Power Division Established in 2006 to address the growing demand for industrial captive power plants and p public utility ypprojects j in India up p to 150 MW Executes Turnkey EPC contracts Captive Power Plants for industries like Steel, Cement, Textiles, Paper, Pharmacy, Refinery Ch
Slide 13: Electrical Projects Division
Electrical Projects j Division Established in 2003 to support existing business by supplying Electrical Systems and Equipment for Power stations, Refineries fi i andd Petrochemical h i l operations. i Turnkey solutions for: EHV S Substations b i EHV Transmission Lines Plant Electricals G
Slide 14: Electrical Projects Division - Projects Under Execution
ELECTRICAL PROJECTS DIVISION - PROJECTS UNDER EXECUTION ORDER VALUE PROJECT SCOPE (Rs in Million ) (Rs. Nuclear Power Corporation of India (NPCIL) Design, Engineering, Supply Erection, Testing and 255 A/c BHAVINI, Kalpakkam Commissioning of Power Distribution Stem Design, Engineering, Supply Erectio
Slide 15: Electrical Projects Division - Projects Completed
ELECTRICAL PROJECTS DIVISION - PROJECTS COMPLETED ORDER VALUE PROJECT SCOPE ( Rs. in Million) Jodhpur Vidyut Vitran Nigam Limited , Supply Erection, Supply, Erection Testing and Commissioning of 217 Jodhpur 11 KV line, LT Line & Substation Indira Gandhi Centre for Atomic Research, Supply, Erection,
Slide 16: Oil & Gas Equipment Division
Oil & Gas Equipment q p Division Products and turnkey services for the Oil & Gas industry, which includes G C Gas Conditioning di i i & Metering i Skid Storage Tanks Pipeline Pig Launching & Receiving System Gas Processing Complex Gas Compressor Package Gas Compressor Package Jubail Oil
Slide 17: Air Fin Cooler Division
Air Fin Cooler Division Turnkey supply of Air Cooled Heat Exchangers for oil &ggas p processes and ppower sector industries Capable of producing all three variations of finned tubes – embedded, extruded and welded finned tubes Certified by ASME with “U”, “U2” & “R” stamp Air Cooled Heat Exchan
Slide 18: Environmental Engineering Division
Environmental Engineering g g Division Product range includes: Deaerators Effluent Treatment & Recycling Plants leading to zero discharge Water Treatment Plants (Pre-Treatment & DM Plant) RO b based dDDesalination li ti Plants Pl t Supplied on turnkey basis the largest ever Deaerator in
Slide 19: Key Differentiators
Key Differentiators Established in Product and Turnkey contract segments Earlyy adopter p of Balance of Plant concept p in India Executed over 130 contracts in 45 overseas countries Diverse Design & Engineering capabilities Ability to design &manufacture customized products and projects
Slide 20: In-House BOP Systems
In- House Bop p Systems y 1. Design & Engineering of Civil, Electrical and 9. Effluent Treatment Plant Mechanical Systems 2. Civil Works including 10. Demineralization Plant a. Chimney 11. Gas Conditioning & Metering Skid b. Natural and Induced Draft Cooling Towers 12. Fabrication of Columns & Struc
Slide 21: Strategy for Rapid Growth
Strategy gy for Rapid p Growth Utilize p project j management g skills and in-house design g & Focus on large BOP engineering capabilities to access the growing demand for power contracts and projects both in India and abroad EPC contracts Focus on competitiveness and obtain high profit margins
Slide 22: Board of Directors
Board of Directors Age S/N Name & Occupation Designation (Years) Mr. B.G. M BG R Raghupathy h th 1 55 Chairman & Managing Director Industrialist Mr. S. Rathinam 2 57 Director (Finance) Company Executive Mr. V.R. Mahadevan 3 49 Director (Technologies, HR & Infrastructure) Company Executive Mr. Heinri
Slide 23: Leadership & Professional Management
Leadership & Professional Management The company is managed by a highly motivated team of professionals The Management of the company has broad experience in the industry – Average industry experience of the management is more than 25 years Industry Experience Name Position Experience with BGR (
Slide 24: Human Resources
Human Resources Particulars No. of Employees Total Employees 1159 1 Engineers 929 i Design & Engineering 252 ii Project Management & Quality Control 554 iii Planning, Procurement and Production 87 iv Marketing 36 2 Professional Staff 162 i Finance and Accounts 76 ii Human resource, Legal, Secretaria
Slide 25: 3 Years Financials – A Snapshot
3 Years Financials – A Snapshot p INR Million Audited Year Audited Audited ending period ended % age % age Year ended % age 30.09.2005 31.03.2007 31.3.2008 (12 (18 months) th ) months) TURNOVER 2890 100 7751 100 15048 100 EBIDTA 272 9.41 860 11 1555 10.33 PBT 187 6.47 608 9.84 1252 8.32 PAT 132 4.56
Slide 26: Robust Financials
Robust Financials Total Revenues EBITDA and EBITDA margin 16000 1800 11.2% 10 54% 10.54% 12 0% 12.0% 9.9% 9.5% 1500 10.0% 7.9% R Million 12000 1200 8.0% Million 1605 900 6.0% 8000 INR M INR 15228 1 600 4.0% 0% 284 212 881 161 300 2.0% 4000 7868 0 0.0% 2707 2958 1583 FY 03 FY 04 FY 05 FY 07 FY 08 0 F
Slide 27: Financials – Q1 of 08-09
Financials – Q1 of 08-09 Total Revenues EBITDA 320 3000 240 R Million INR Million 2000 3068 160 312 263 INR 1000 2324 80 0 0 Q1 FY 08 Q1 FY 09 Q1 FY 08 Q1 FY 09 PAT Earnings per share 200 2.50 150 INR Million INR Miillion 1 25 1.25 100 172 2.27 2 39 2.39 147 50 0 0.00 Q1 FY 08 Q1 FY 09 Q1 FY 08 Q1 F
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