Slide 1: PSP Projects Ltd. Investor Presentation Q2 FY20
PSP PROJECTS LTD. INVESTOR PRESENTATION Q2 FY20 October 2019
Slide 2: Safe Harbor Statement
SAFE HARBOR STATEMENT Statements in this ‘Presentation’ describing the Company’s objectives, estimates, expectations or predictions may be “forward looking statements” within the meaning of applicable securities laws and regulations. Actual results could differ materially from those expressed or imp
Slide 3: Awards: Second fastest growing construction company
“SECOND FASTEST GROWING CONSTRUCTION "COMPANY OF THE YEAR - CONSTRUCTION" COMPANY IN SMALL CATEGORY” BY AND ZEE BUSINESS "DARE TO DREAM AWARDS" "TOP CHALLENGERS AWARDS" BY CONSTRUCTION WORLD GLOBAL AWARDS 2019
Slide 4: Awards: Fastest growing construction & engineering company
“FASTEST GROWING FELICITATION TO "ASSEMBLY "SPECIAL COMMENDATION CONSTRUCTION & ENGINEERING BUILDING AT SARDAR BHAVAN FOR BUILDING HIGH QUALITY COMPANY” CAMPUS, GUJARAT" AND INNOVATIVE BY CREDAI DURING CREDAI AS INFRASTRUCTURE" GUJARAT GROWTH AMBASSADORS "IGBC NEW BUILDING - GOLD" BY SUMMIT 2019 DUR
Slide 5: Financial Snapshot
| P S P | FINANCIAL SNAPSHOT gad”
Slide 6: Financial Snapshot - Standalone
FINANCIAL SNAPSHOT - STANDALONE RESULT SUMMARY Q2 FY20 (RS. CR.) REVENUE FROM OPERATIONS EBITDA PAT 312.52 43.26 32.72 209.94 49% 29.38 47% 83% 17.86 Q2 FY19 Q2 FY20 Q2 FY19 Q2 FY20 Q2 FY19 Q2 FY20 RESULT SUMMARY H1 FY20 (RS. CR.) REVENUE FROM OPERATIONS EBITDA PAT 619.79 85.94 58.24 444.67 62.37 39
Slide 7: PSP Projects key facts
PSP Projects 12 130 1,971.90 (Rs/cr) Market cap as Years in Projects on 18th Oct 2019 existence delivered 48 3,191 Projects under (Rs/cr) Order book as execution (as on 30th on 30th Sept 2019 Sept 2019)
Slide 8: Performance Highlights (Standalone)
PERFORMANCE HIGHLIGHTS (STANDALONE)
Slide 9: Revenue Break-up for Q2FY20
REVENUE BREAK-UP FOR THE Q2FY20 - Rs.312.52 CR 1.94% 5.69% 93.51% 0.82% 81.01% 10.54% 2.51% 0.33% 3.64% REVENUE BREAK-UP FOR THE Q2FY20 (EXCLUDING SDB) - Rs. 224.15 CR 2.71% 7.93% 90.96% 1.15% 3.50% 73.51% 14.70% 0.46% 5.08% Government Govt Residential Industrial Institutional Residential Gujarat Ka
Slide 10: Work on Hand - Rs. 3190.87 Cr
WORK ON HAND - RS. 3190.87 CR 0.53% 2.14% 3.28% 63.82% 4.96% 23.71% 23.80% 73.62% 4.14% WORK ON HAND Rs. 2211.83 CR (EXCLUDING SDB) 4.73% 7.16% 0.77%3.08% 34.20% 47.80% 34.33% 5.97% 61.95% Government Govt Residential Industrial Institutional Residential Gujarat Karnataka Rajasthan Maharashtra CATEGO
Slide 11: Business Robustness in Numbers (Standalone)
BUSINESS ROBUSTNESS IN NUMBERS (STANDALONE) GROSS REVENUE (RS. Cr) EBIDTA (Rs. Cr) PAT (Rs. Cr) #CAGR – 38.87% #CAGR - 61.78% #CAGR - 59.71% 148.94 1066.99 90.22 748.31 101.28 64.34 85.94 58.24 631.84 468.24 65.94 41.43 414.15 286.89 39.27 25.13 21.74 13.86 FY15 FY16 FY17 FY18 FY19 FY20* FY15 FY16 F
Slide 12: Business Robustness in Numbers: Debtors, Inventory, Payable Days
BUSINESS ROBUSTNESS IN NUMBERS (STANDALONE) DEBTORS (Days) INVENTORY (Days) PAYABLE (Days) 60.66 58.12 34.13 26.22 55.38 16.78 49.84 48.79 51.08 FY18 FY19 FY20* FY18 FY19 FY20* FY18 FY19 FY20* * Till 30th Sept 2019
Slide 13: Prominent Projects Completed in FY19
PROMINENT PROJECTS COMPLETED IN FY19 Brigade International Financial Centre Renovation of Gujarat Vidhansabha, Sabarmati Riverfront at GIFT City, Gandhinagar Gandhinagar Development Co. Ltd. (SRFDCL) Office Building, Ahmedabad
Slide 14: Prominent Projects
PROMINENT PROJECTS Swarnim Sankul 1 & 2 Sabarmati River Front development Hospital, Residential Building and Medical Construction and interior work College for GCS Medical College, Hospital and Research Centre Zydus Hospitals Kaira District Co-operative Milk Producers’ Gujarat Housing Board,Naranpur
Slide 15: Marquee Project
MARQUEE PROJECT Executing single-largest contract of Rs 1575# cr of Surat Diamond Bourse (#Excluding GST)
Slide 16: Surat Diamond - WIP (Actual Site Image)
SURAT DIAMOND – WIP (ACTUAL SITE IMAGE)
Slide 17: Work on Hand Sept 30, 2019 (Major Projects)
WORK ON HAND SEPT 30, 2019 (MAJOR PROJECTS) (RS. IN LAKHS) Total Outstanding Description of Project Location Name of the Client Contract Contract Value Value Surat Diamond Bourse Main Contract Works, Surat, Surat, Gujarat SDB Diamond Bourse 157,500 97,904 Gujarat Bhiwandi Nizampur City Municipal EWS
Slide 18: Financial Performance
| PSP | FINANCIAL PERFORMANCE gad”
Slide 19: Sequential Quarterly Performance (Standalone)
SEQUENTIAL QUARTERLY PERFORMANCE Q2FY20 Unaudited Standalone Financial Results for the quarter and half year ended September 30, 2019 (Rs. In Lakhs) Particulars Q2 FY20 Q1 FY20 Q2 FY19 Q-o-Q Y-o-Y H1 FY 20 H1 FY 19 Y-o-Y Revenue from Operations 31,252.09 30,727.34 20,994.88 2% 49% 61,979.43 44,466.7
Slide 20: Sequential Quarterly Performance (Consolidated)
SEQUENTIAL QUARTERLY PERFORMANCE Q2FY20 Unaudited Consolidated Financial Results for the quarter and half year ended September 30, 2019 (Rs. In Lakhs) Particulars Q2 FY20 Q1 FY20 Q2 FY19 Q-o-Q Y-o-Y H1 FY 20 H1 FY 19 Y-o-Y Revenue from Operations 31,211.32 30,768.27 21,206.14 1% 47% 61,979.59 45,028
Slide 21: Standalone Balance Sheet September 30, 2019
ANNUAL FINANCIAL PERFORMANCE H1FY20 Unaudited Standalone Balance sheet as at September 30, 2019 (RS. IN LAKHS) As at As at As at As at Particulars Sept 30, 2019 March 31, 2019 Particulars Sept 30, 2019 March 31, 2019 (Unaudited) (Audited) (Unaudited) (Audited) ASSETS EQUITY AND LIABILITIES (1) Non c
Slide 22: Consolidated Balance Sheet September 30, 2019
ANNUAL FINANCIAL PERFORMANCE H1FY20 Unaudited Consolidated Balance sheet as at September 30, 2019 (RS. IN LAKHS) As at As at As at As at Particulars Sept 30, 2019 March 31, 2019 Particulars Sept 30, 2019 March 31, 2019 (Unaudited) (Audited) (Unaudited) (Audited) EQUITY AND LIABILITIES ASSETS (1) Equ
Slide 23: Company Overview
| P S P | COMPANY OVERVIEW gad”
Slide 24: Project Classification
PROJECT CLASSIFICATION Industrial Projects Institutional Projects Government projects Government residential Residential projects projects Construction of industrial buildings Construction of buildings for hospitals Focus only on challenging and Construction of buildings for group for pharmaceutical
Slide 25: Inflection Points in Our Journey
INFLECTION POINTS IN OUR JOURNEY 2009 DEC 2010 JUL 2009 APR 2011 JAN 2011 DEC 2008 AUG OPPORTUNITY TO COMMENCED WORKING ACQUIRED THE AWARDED ORDER TO AWARDED “SWARNIM SANKUL INCORPORATION CONSTRUCT MEDICAL ON PM’S DREAM PROJECT BUSINESS OF BPC CONSTRUCT 72 METER 01 & 02” – ONE MORE DREAM COLLEGE & H
Slide 26: Leadership Team
LEADERSHIP TEAM Mahesh Patel is the Vice President - Prahaladbhai Shivrambhai Patel Operations of our Company. He has Is Chairman, Managing Director been with the company since inception And CEO Of PSP Projects Ltd. Mr. Patel Is First Generation & has played a major role in company’s Entrepreneur &
Slide 27: Experienced Management
EXPERIENCED MANAGEMENT Mittali Christachary is the Company Pooja Patel is the Executive Hetal Patel is the Chief Financial Ramjibhai Parmar is the General Pratik Thakkar is General Secretary & Compliance Officer of Director of our company. She Officer of our Company. She holds Manger - Tender of our
Slide 28: Capabilities
CAPABILITIES People ramp-up Plants, machinery and IT investments Capability vehicles Implemented SAP and Multiple project location 15 in 2008 to more than 1300 direct employees plus 8000+ Invested Rs 150 cr in assets CANDY; enhanced informed management contract employees for timely project delivery
Slide 29: Strengths
STRENGTHS Execution Robust orders: Experience: Financial One Stop Shop: record: Order book of Promoter strength: Offering EPC Diverse projects Rs 3191 cr as on (Prahaladbhai A strong balance service for the mix; completed 30th Sept 2019 Shivrambhai sheet helps in Building Project projects across (to
Slide 30: Preferred Choice
PREFERRED CHOICE Frugal cost Active promoter Track record of structure; involvement; timely project enhanced enhanced client completion with competitiveness assurance committed quality Large and multiple Selective choice of AVERAGE project margin-enhancing TICKET SIZE OF management projects PROJECTS
Slide 31: Widening Horizons
WIDENING HORIZONS “ “ Focus on buildings Steady investment Strong qualification construction in people, capabilities to (commercial, equipment, participate in high- residential, industrial and technology and systems, value projects (worth Rs 600-800 Building is institutional) strengthening business
Slide 32: Widening Horizons - One-Stop Buildings Construction Shop
WIDENING HORIZONS - ONE-STOP BUILDINGS CONSTRUCTION SHOP Extended to Mechanical, Now providing Complementary Commenced as Civil Engineering and complete solution – alliances with major construction Plumbing (MEP), Design to contractor design firms and Interior & now construction – one- MEP consultan
Slide 33: Widening Horizons
WIDENING HORIZONS GUJARAT RAJASTHAN BHIWANDI MAHARASTRA KARNATAKA DELHI
Slide 34: Pride-Enhancing Clientele
PRIDE-ENHANCING CLIENTELE torrent anne MAKHS Amul PHARMA minien , x rs = SURAT DIAMOND BOURSE on Hiranandant mB AHMEDABAD se iD & UNIVERSITY i puniské C | ALS UNIVERSITY CEPT @ Sabarmati Riverfront Emcure UNIZERSITY Reconnecting Ahmedabad to its River PHARMACEUTICALS LTD. PSP_j PSP Projects Ltd. ae
Slide 35: Certifications
CERTIFICATIONS ISO 9001:2015 + ISO 14001:2015 + ISO 45001:2018 Approved Contractor as ‘AA’ class and “Special Category–1 in Buildings Class” with Government of Gujarat Approved Contractor as ‘AA’ class with Ahmedabad Municipal Corporation Registered as ‘A’ class approved electrical contractor in Roa
Slide 36: Awards
AWARDS EXCELLENT CONTRACTOR OF THE YEAR AFFORDABLE HOUSING PROJECT OF THE “EXCELLANCE IN DELIVERY” FOR “THE QUALITY MARK AWARD 2017 (BUILDING & 2015-16” BY “GUJARAT CONTRACTOR YEAR” FOR “MUKHYAMANTRI GRUH YOJNA” SIGNATURE BY HIRANANDANI” BY “REALTY CONSTRUCTION CATEGORY) BY QUALITY HERCULES AWARD 20
Slide 37: Thank You
Thank You PSP Projects Ltd. ‘PSP House’, Opp. Celesta Courtyard, Opp. Lane of Vikramnagar Colony, Iscon-Ambli Road, Ahmedabad – 380058 P - +91 79 2693 6200/6300/6400 E – hetal@pspprojects.com I W – www.pspprojects.com