Va Tech Wabag Limited · NSE:WABAG
Va Tech Wabag — H1 FY2023 Earnings Presentation
33 slides from Va Tech Wabag's earnings presentation, Nov 12, 2022
Slide 1: Cover letter to stock exchanges on results presentation
WA BAG An ISO 9001 Company November 12, 2022 National Stock Exchange of India Limited BSE Limited, Exchange Plaza, Plot No. C/1, G Block, Floor 25, P J Towers, Bandra Kuria Complex, Dalai Street, Bandra (E), Mumbai - 400 001 Mumbai - 400 051 NSE Symbol: WABAG`_ BSE Scrip Code: 533269 Dear Sir/Madam,
Slide 2: Results Update Presentation Q2 & H1 FY 2022-23
VA TECH WABAG LTD Results Update Presentation Q2 & H1 FY 2022-23 1Cleaner Solutions for a Greener World Cleaner Solutions for a Greener World
Slide 3: 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 4: Index
Index 01 Our Business 02 Performance 03 Order Book Analysis 04 Awards, Accolades and Reference Projects 3 Cleaner Solutions for a Greener World
Slide 5: Our Business
MRPL Desalination Plant, Mangalore, India Our Business Core Offerings Global Leadership Business Metrics Our Journey Key Clientele ESG and CSR 4 Cleaner Solutions for a Greener World
Slide 6: Complete Water Treatment Solution Provider
Complete Water Treatment Solution Provider TECHNOLOGY FOCUS EP SPECIALIST 125+ IP Rights developed in-house for Core expertise focused on Engineering and water treatment technology solutions Procurement; Civil activities outsourced 3 Global R&D centres – in Vienna, Focus on ‘Advanced technology, Val
Slide 7: Wabag is a leader in the Water space
Wabag is a leader in the Water space . . . With complete portfolio of Water Solutions . . . through various business/ delivery models with technological and operational expertise . . Recycle and Reuse Drinking Water Treatment Engineering, Procurement & Construction (EPC) O&M Design water treatment M
Slide 8: Globally Recognized Water Leader
Globally Recognized Water Leader WABAG ranked 4th Globally by Global Water Intelligence (‘GWI’), United Kingdom for ensuring safe and clean drinking water and healthy environment for over 71 million people 7 Cleaner Solutions for a Greener World
Slide 9: Total Water Management = Wabag
Total Water Management = Wabag 1.2 2.5 > 35 27 26.5 million m3 million m3 MW million m3 million m3 Desalinated Recycled Water Green Energy Wastewater Clean Water Water per day per day per day treated per day per day WABAG’s Contribution to Water & Environment over last 2.5 decades 8 Cleaner Solution
Slide 10: Increasing contribution in cleaning the Holy River
Increasing contribution in cleaning the Holy River Committed to managing over 195 crore liters each day to rejuvenate Aviralta & Nirmalta of River Ganga 9 Cleaner Solutions for a Greener World
Slide 11: Pioneering the One City One Operator Model
Pioneering the One City One Operator Model Ensuring sustainable and healthy Environment for the citizens of Agra and Ghaziabad, India Resolving SEWER NETWORK issues promptly and ensuring Ghaziabad customer satisfaction 462 MLD Sewage Treatment at Ensuring functioning of the PUMPING STATIONS efficien
Slide 12: 25 years in India, 98 years globally
25 years in India, 98 years globally 2016: Crossed 3,000 2019: Entered Hybrid 2010: Dream listing crore Revenue for Pure-play Water Annuity Model Technology Company Projects 2014: Established in the Stock WABAG HOUSE – the Exchanges Global Headquarters 2007: Reunification 2000: 1st Overseas of WABAG
Slide 13: Our Key clients
Our Key clients… Municipal Industrial Funding Agencies Serving clients in…. Municipal Water & Waste Water Oil & Gas Power plants Steel Food & Beverages Fertilizer Industrial parks 12 Cleaner Solutions for a Greener World
Slide 14: ESG focus - Sustainable & Responsible Business Practices
ESG focus - Sustainable & Responsible Business Practices Environment Social Governance Water & Environment Providing Safe Potable Employing & training integrated in strategic Water through our WTPs & 1500+ Water Professionals business plan Desalination facilities across the globe Alignment to UN SDG
Slide 15: Corporate Social Responsibility
Corporate Social Responsibility 6,000+ 3,500+ 5,000+ 22 CSR Projects benefiting Farmers School Kids & teachers Urban Poor CSR Focus on Water, Sanitation & Skill Development 14 Cleaner Solutions for a Greener World
Slide 16: Performance
Total Water Solutions for HMEL, Bhatinda, India Performance Highlights Profit & Loss Statement Balance Sheet Cash-flow Statement Core Performance Metrics 15 Cleaner Solutions for a Greener World
Slide 17: Highlights – Q2 and H1 FY 23
Highlights – Q2 and H1 FY 23 Order book remains robust…. Order Book of over Rs. 103 Bn including Framework Orders Order Intake of ~Rs. 15 Bn Sustaining Profitable Growth…. Q2 FY 23: Consolidated Revenue at Rs. 7.50 Bn Consolidated EBITDA at Rs. 737 Mn; YoY growth of 30% Consolidated PAT at Rs. 467 M
Slide 18: Results Overview – Consolidated Profit and Loss
RESULTS OVERVIEW – Consolidated Profit and Loss Q2 Q2 H1 H1 Rs. Millions YOY % YOY % Revenue up YoY with the FY 23 FY 22 FY 23 FY 22 supply chain and project Revenue from operations 7,504 6,840 9.7% 13,821 13,420 3.0% activities getting normalized to Cost of Sales 5,842 5,141 13.6% 10,852 10,496 3.4
Slide 19: Results Overview – Standalone Profit and Loss
RESULTS OVERVIEW – Standalone Profit and Loss Q2 Q2 H1 H1 Rs. Millions YOY % YOY % FY23 FY 22 FY23 FY 22 Revenue from Operations 5,730 5,038 13.7% 10,579 9,734 8.69% Topline grows backed by 4,544 3,906 16.3% 8,487 7,866 7.9% resumption of SIBUR and Cost of Sales start of execution on other Total Cos
Slide 20: Results Overview – Balance Sheet
Results Overview-Balance Sheet Consolidated Standalone Rs. Millions Sep’22 Mar’22 Sep’22 Mar’22 Total Equity (Net Worth) 15,922 15,259 13,199 12,604 Non-Current Liabilities 2,741 3,071 2,586 2,801 Trade Payable reduction Trade Payables 8,835 9,853 6,911 7,764 driven by deployment of Short Term Borro
Slide 21: Cash Flow Statement
Cash Flow Statement H1 FY 23 H1 FY 22 Rs. Millions Consolidated Standalone Consolidated Standalone Net cash generated from/(used in) (611) (203) (2,503) (2,513) operations Improved performance on cash management YoY and on Net cash generated from/(used) in 233 212 (52) 37 track to continue remaining
Slide 22: Core Performance Metrics – H1 FY 23
Core Performance Metrics – H1 FY 23 Core RoCE Core EBITDA Core PAT Core WC 23.1% 12.7% 8.3% 81 Days Driven by Asset Driven by EP, Driven by debt Driven by Light Business International, control & efficiencies in Model Industrial & improving business Technology operating margins operations Projects 21
Slide 23: Order Book Analysis
Marafiq STP, Kingdom of Saudi Arabia Order Book Analysis Revenue Order Intake Order Book 22 Cleaner Solutions for a Greener World
Slide 24: Revenue Breakup – H1 FY 23
Revenue Breakup – H1 FY 23 By Business Offering & Customer Segment By Geography EPC O&M 13% Rs. Millions Municipal Industrial Total Rs. Millions Total EPC 8,077 3,843 11,920 India 6,966 87% O&M 1,592 238 1,830 Rest of the World (RoW) 6,784 Municipal Industrial 30% Total 9,669 4,081 13,750 Total 13,7
Slide 25: Order Intake Breakup
Order Intake Breakup By Business Offering & Customer Segment By Geography EPC O&M 23% Rs. Millions Municipal Industrial Total Rs. Millions Total EPC 5,353 6,115 11,468 India 5,585 77% O&M 1,888 1,608 3,496 Rest of the World (RoW) 9,379 Municipal Industrial Total 7,241 7,723 14,964 Total 14,964 48% 5
Slide 26: Order Book Composition
Order Book Composition By Business Offering & Customer Segment By Geography EPC O&M Rs. Millions Municipal Industrial Total Rs. Millions Total 36% EPC 33,799 24,875 58,674 India 46,224 64% O&M 29,703 3,613 33,316 Rest of the World (RoW) 45,767 Municipal Industrial Framework 11,050 Framework 11,050 3
Slide 27: Order Book of Rs. 92 Bn & Framework Contracts of Rs. 11 Bn
Order Book of Rs. 92 Bn & Framework Contracts of Rs. 11 Bn Key Contracts in Orderbook Key Framework Contracts * Project Details Amt [Rs. Mn] Libya STP of Rs. 6,114 Mn UPJN, O&M of Agra & Ghaziabad 14,464 Bomba MED, Libya of Rs. 4,936 Mn AGCC, Russia – Integrated Industrial ETP 10,420 BUIDCO, Digha &
Slide 28: Awards and Accolades, Key Project References
El Cap WTP, Egypt Awards and Accolades Key Project References 27 Cleaner Solutions for a Greener World
Slide 29: Global Recognition to our Journey of Excellence
Global Recognition to our Journey of Excellence The Economic Times Infra Focus Awards 2022 IWA Fellow Community Wabag has been conferred with “Emerging Infrastructure Mr Rajiv Mittal (Chairman & MD - VA Tech WABAG) has Company in the Water Infrastructure Sector” at The been conferred IWA Fellow for
Slide 30: Global Recognition to our Journey of Excellence
Global Recognition to our Journey of Excellence Global Asian of the Year 2021-22 Water Digest Water Awards Mr Rajiv Mittal (Chairman & MD - VA Tech WABAG) has been WABAG was conferred with “Desalination Project of the Year” for recognized as “Global Asian of the Year 2021-22” by Asia One our 30 MLD
Slide 31: Proven technology and project execution capabilities
Proven technology and project execution capabilities (Select Landmark Projects) Al Madina Al Shamaliya 40 MLD Sewage 102 MLD Industrial Effluent Treatment Plant for Treatment Plant, Bahrain PETRONAS, Malaysia Awarded Wastewater Project of the Year at Global Largest industrial Effluent Treatment Plan
Slide 32: Proven technology and project execution capabilities
Proven technology and project execution capabilities (Select Landmark Projects) 110 MLD Sewage Treatment Plant, Kodungaiyur, 130 MLD Drinking Water Treatment Plant, Chennai, India Tanzania One of the most energy efficient and energy First water project in Africa to be commissioned neutral STPs in th
Slide 33: Cleaner Solutions for a Greener World – 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 vgaurang