Slide 1: Exchange filing cover letter
, I PSP 1 t~ ~#t& pSP Projects Limited ISO 9001 : 2015, 14001 : 2015, 45001 : 2018 Certified Company Ref No: PSPPROJECT/SE/34/22-23 August 09, 2022 Corporate Relations Department Listing Department BSE Limited National Stock Exchange of India Limited Floor 25, P.J. Towers, Exchange Plaza, Bandra Kur
Slide 2: Investor Presentation Q1FY23
Investor Presentation Q1FY23 August 2022 www.pspprojects.com ©2021 – PSP Project Ltd., All Rights Reserved. 1
Slide 3: Contents
Contents 01 PSP Projects Limited - Build to Last: The growth story In a Nutshell 02 A look at the quarter gone by 03 Indian Construction Industry 04 The drivers that transcended PPLs growth since inception 05 Precast Factory: Enhancing capabilities. Exploring newer technologies. 06 Investment Ration
Slide 4: PSP Projects Limited – Build to Last
PSP Projects limited – Build to Last The growth story in a Nutshell ▪ Incorporated in 2008, successfully led by First Generation As on 30 June 2022 Civil engineer having 36 years of experience. 1,400 / 17,000 ▪ India based construction company offering a diversified Workforce / range of construction
Slide 5: A Look at the Quarter gone by
A Look at the Quarter gone by www.pspprojects.com ©2021 – PSP Project Ltd., All Rights Reserved. 4
Slide 6: Financial Performance during Q1FY23
Financial Performance during Q1FY23 Q1FY23 Standalone Highlights Revenue from Operations1 (₹ crore) EBIDTA1 (₹ crore) & EBITDA Margin (%) PAT1 (₹ crore) & PAT Margin (%) YoY Growth 9% YoY Growth 20% YoY Growth 14% 9% 100 20% 60 10% 90 16% 50 555 12% 88 14% 15% 52 80 9% 70 40 60 8% 8% 9% 50 10% 30 31
Slide 7: Standalone Profit & Loss : Q1FY23
Standalone Profit & Loss : Q1FY23 Particulars (₹ Lakhs) Q1FY23 Q1 FY22 YoY (%) Q4FY22 QoQ (%) FY22 FY21 YoY (%) Revenue from Operations 34,524.24 31,735.58 8.8% 55,534.22 -38% 1,74,875.88 1,24,086.24 41% Cost of materials consumed including WIP 10,206.57 9,904.57 14,408.79 49,996.22 39,576.77 Constr
Slide 8: Standalone Balance Sheet
Standalone Balance Sheet Particulars (₹ Lakhs) FY22 FY21 Particulars (₹ Lakhs) FY22 FY21 ASSETS Equity Non current Assets (a) Equity Share Capital 3,600.00 3,600.00 (a) Property, Plant and Equipment 20,601.82 11,494.34 (b) Other Equity 64,871.52 50,199.27 (b) Capital Work-In-Progress - 4,164.72 Tota
Slide 9: Management Commentary on Key Quarterly Highlights
Management Commentary on Key Quarterly Highlights PSP Projects reported an overall strong performance in an otherwise We continued to grow organically by seasonally weak quarter. The company has once again recorded focusing on executing projects in ‘Highest ever Order Book till date of Rs.4,613 cror
Slide 10: Annual Financial Performance
Annual Financial Performance Revenue from Operations1 (₹ Crore) EBITDA1 (₹ Crore) PAT1 (₹ Crore) #CAGR : 34% #CAGR : 31% #CAGR : 31% 1,749 161 257 1,499 129 1,241 191 1,044 90 149 135 81 730 64 101 66 41 401 345 47 29 FY17 FY18 FY19 FY20 FY21 FY22 Q1FY23 FY17 FY18 FY19 FY20 FY21 FY22 Q1FY23 FY17 FY1
Slide 11: Business Robustness in Numbers
Business Robustness in Numbers EBITDA / Revenue from Operations Profit After Tax / Total Revenue EBITDA Margin% PAT Margin% 14.3% 14.7% 13.9% 13.6% 12.7% 10.9% 9.1% 8.6% 8.5% 8.5% 8.1% 6.4% FY18 FY19 FY20 FY21 FY22 Q1FY23 FY18 FY19 FY20 FY21 FY22 Q1FY23 ©2021 – PSP Project Ltd., All Rights Reserved.
Slide 12: Prudent Working Capital Cycle in Construction Space
Prudent Working Capital Cycle in Construction Space 76 65 65 55 55 54 53 50 26 26 28 24 26 21 17 15 FY19 FY20 FY21 FY22 Inventory (Days) Receivable (Days) Payable (Days) Working Capital Cycle (Days) ©2021 – PSP Project Ltd., All Rights Reserved. Notes: (1) Numbers have been rounded off 11
Slide 13: Along with comfortable Leverage Position
Along with comfortable Leverage Position FY19 FY20 FY21 FY22 Total Debt (₹ crore) 26 75 81 100 Networth (₹ crore) 371 457 538 685 Debt-Equity (x) 0.07 0.16 0.15 0.15 ©2021 – PSP Project Ltd., All Rights Reserved. Notes: (1) Numbers have been rounded off 12
Slide 14: Indian Construction Industry
Indian Construction Industry www.pspprojects.com ©2021 – PSP Project Ltd., All Rights Reserved. 13
Slide 15: An Important growth driver of India's Economy
An Important growth driver of India’s Economy Initiatives taken by GoI to bolster growth in construction sector 8% Governments Push FDI Inflow Construction Industry’s ▪ High-speed bullet trains and metro rail, construction of Delhi- ▪ The infrastructure and construction sector is contribution to Ind
Slide 16: Drivers that transcended PPLs growth since inception
Drivers that transcended PPLs growth since inception www.pspprojects.com ©2021 – PSP Project Ltd., All Rights Reserved. 15
Slide 17: Our Continuous Strive to move up the Construction value chain
Our Continuous Strive to move up the Construction value chain AUGUST 2008 2011-12 2013-14 onwards onwards onwards Started off as a Civil Construction Extended to Mechanical, Electrical & Forayed into Engineering, Contractor Plumbing (MEP), Interior & O&M Procurement, Construction (EPC) Services Orde
Slide 18: Our Hybrid Approach with presence in Private and Public projects
Our Hybrid Approach with presence in Private and Public projects Industrial Projects Institutional Projects Government Projects Government Residential Projects Precast Construction of industrial Construction of buildings for Undertake various challenging and Residential Projects Construction of priv
Slide 19: Robust Order Book and Growing Pre-Qualification Credentials
Robust Order Book and Growing Pre-Qualification Credentials Growing Order Book1 (₹ crore) Work on hand across Private and Public Projects As on Q1FY23 1% 4,613 15% 4,324 4,121 2,978 3,074 42% 2,559 17% 5% 21% FY18 FY19 FY20 FY21 FY22 Q1FY23 Government Govt Residential Industrial Institutional Reside
Slide 20: Our Confidence to replicate the Success Story outside our Home State
Our Confidence to replicate the Success Story outside our Home State ▪ Being headquartered in Ahmedabad, not only are we strategically located in the core market of Gujarat but have Growing Geographical Footprint gradually expanded our presence to six different states of India, establishing a pan-In
Slide 21: Belief, Trust and Support of our Customers
Belief, Trust and Support of our Customers Proven Track Record Ethics & Trust Biggest Project PPL has proven track record in Strong work Ethics make PPL a Biggest Project executed by PPL : delivering projects on-time and quality favourable and preferred choice Surat Diamond Bourse projects, the fait
Slide 22: Clientele with High Quality Business
Clientele with High Quality Business Work on Hand as on 30 June 2022 - (Major Projects) | [₹ Crore] Outstanding Description of Project Location Name of the Client Contract value Contract Value Medical Colleges & Hospitals at 7 Locations Uttar Pradesh Public Works Department 1,491 1,314 EWS Housing P
Slide 23: The Team that made PPL fulfil its ambitions
The Team that made PPL fulfil its ambitions Ably Supported by Experienced Professionals Mahesh Patel Maulik Patel Hetal Patel Viplav Shah Girish Ramkumar Senior Vice President - Operations Vice President - Procurement Chief Financial Officer Vice President - Planning Vice President - HR ▪ Holds a di
Slide 24: The Team that made PPL fulfil its ambitions
The Team that made PPL fulfil its ambitions Ably Supported by Experienced Professionals Ramjibhai Parmar Pratik Thakkar Kenan Patel Sanjay Kumar Rai Pushpesh Singh General Manger - Tender General Manager - BD Company Secretary and Sr. Manager - SAP/IT Dy. General Manager – Contracts Compliance Offic
Slide 25: Leadership and Management
Leadership and Management Prahaladbhai Patel Pooja Patel Sagar Patel Sandeep Shah Vasishtha Patel Achala Patel Chairman, MD and CEO Whole Time Director Executive Director Independent Director Independent Director Independent Director He has a bachelor’s degree in She has a bachelor’s degree in He ha
Slide 26: Our 14 years of Journey of Constructing Buildings
Our 14 years of Journey of Constructing Buildings Started Operations in Uttar Pradesh with a marquee SAP Implementation projects "Beautification of Sri Kashi Vishwanath Dham" Started Operations in Karnataka & Rajasthan Started Turnkey Awarded project for Projects Started Construction work for Beauti
Slide 27: Precast Facility
Precast Facility Enhancing capabilities. Exploring newer technologies A state-of-the-art manufacturing plant of precast concrete building. Benefits of Precast Manufacturing Facility Production Capacity Phase I ▪ Reduces labour-intensive 1 Mn. Sq. ft. traditional building methods by way of maximum pr
Slide 28: Precast Factory
Precast Factory ©2021 – PSP Project Ltd., All Rights Reserved. 27
Slide 29: Investment Rationale
Investment Rationale One-stop shop solution construction company present throughout the value chain starting from planning, design, construction and post-construction services including MEP work and other interior fit-outs which provides us with several opportunities, faster project turnaround time
Slide 30: Project Profile
Project Profile Prominent Projects Completed in FY22 NOODLE FACTORY PROJECT IN GUJARAT SPORTS COMPLEX FOR AHMEDABAD UNIVERSITY HOSPITAL PROJECT IN UDAIPUR RAJASTHAN ZYDUS HOSPITAL INTERIOR FIT-OUT AT LEELA HOTEL, GANDHINAGAR ZYDUS HOSPITAL, BARODA AUDA LIBRARY, AHMEDABAD ©2021 – PSP Project Ltd., Al
Slide 31: Landmark Projects – Kashi Vishwanath Dham
Landmark Projects – Kashi Vishwanath Dham ©2021 – PSP Project Ltd., All Rights Reserved. 30
Slide 32: Landmark Projects – Surat Diamond Bourse
Landmark Projects – Surat Diamond Bourse Actual image March 22 ©2021 – PSP Project Ltd., All Rights Reserved. 31
Slide 33: Landmark Projects– Surat Diamond Bourse
Landmark Projects– Surat Diamond Bourse Actual image March 22 ©2021 – PSP Project Ltd., All Rights Reserved. 32
Slide 34: Prominent Projects – Smart City
Prominent Projects – Smart City Prestige Fintech IBIS Hotel by Brigade World Trade Center BSE Brokers Forum Brigade International Finance Center The Signature by Hiranandani ©2021 – PSP Project Ltd., All Rights Reserved. 33
Slide 35: Prominent Projects
Prominent Projects ZYDUS HOSPITAL SITAPUR (EPC PROJECT) MEDICAL COLLEGE & HOSPITAL AT DAHOD (EPC PROJECT) BEAUTIFICATION OF AHMEDABAD C.G.ROAD R&D AND RESEARCH CENTERS IN GUJARAT ©2021 – PSP Project Ltd., All Rights Reserved. 34
Slide 36: Prominent Projects
Prominent Projects COMMERCIAL BUILDING AT GIFT CITY ZYDUS CORPORATE HOUSE AT AHMEDABAD PUNISKA HEALTHCARE PLANT BANGALORE MILK UNION DAIRY PLANT AT GRAND MERCURY HOTEL AT GIFT CITY MEDICAL COLLEGE AND HOSPITAL FOR KANAKPURA, KARNATAKA FOR BRIGADE GROUP DHARAMSINGH DESAI UNIVERSITY (DDU) ©2021 – PSP
Slide 37: Prominent Projects
Prominent Projects BRIGADE INTERNATIONAL GOVERNMENT OFFICE BUILDING RIVER FRONT DEVELOPMENT HOSPITAL PROJECT FINANCIAL CENTRE AT GIFT CITY ZYDUS HOSPITALS DAIRY PROJECT AFFORDABLE HOUSING PROJECT GOVERNMENT PROJECT ©2021 – PSP Project Ltd., All Rights Reserved. 36
Slide 38: Key Strategies
Key Strategies www.pspprojects.com ©2021 – PSP Project Ltd., All Rights Reserved. 37
Slide 39: Building is my passion – Key Strategies
Key Strategies Building is my Focus on Building construction (commercial, residential, industrial & institutional) passion Strengthen our Leverage our position Mr. Prahaladbhai Patel human capital as a fast-growing Chairman, MD and CEO construction company in India Enhance our project Expand our geo
Slide 40: Awards and Recognition
Awards and Recognition www.pspprojects.com ©2021 – PSP Project Ltd., All Rights Reserved. 39
Slide 41: Awards and Recognition
Awards and Recognition PSP Projects Ltd has been awarded as 2nd Fastest Growing Construction Company (below 2000 Cr Times Inspiring Entrepreneur Award for the Fastest Patidar Udhyog Ratna Award by Sardardham 2020 Category) 3rd year in a row during the Construction Growing Construction Company of the
Slide 42: Safe Harbor Statement
Safe Harbor Statement This document does not constitute or form part of and should not be construed as an offer to sell or issue or the solicitation of an offer to buy or acquire securities of the Company or any of its subsidiaries or its joint ventures or affiliates in any jurisdiction or as an ind
Slide 43: Thank You
For more information please contact: PSP Projects Limited Hetal Patel ✉ grievance@pspprojects.com EY Krishna Patel / Vikash Verma ✉ krishna.patel2@in.ey.com ✉ vikash.verma1@in.ey.com Thank You PSP Projects Limited ‘PSP House’, Opp. Celesta Courtyard, Opp. Lane of Vikramnagar Colony, Iscon-Ambli Road