Slide 1: Investor Presentation | August 2022
“Persistent to create better tomorrow” Investor Presentation | August 2022
Slide 2: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Vascon Engineers 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 sec
Slide 3: Q1 FY23 Key Business Highlights
1,777 Crs. 1,638 Crs Total Order Book External EPC Order Book Forming healthy Order Book of 4.2x Higher contribution by Government FY22 EPC revenues projects Q1 FY23: ~76% 123,716 Sq.ft Govt. Project (%) Real Estate KEY BUSINESS HIGHLIGHTS Providing visibility of faster execution New Sales Booking i
Slide 4: Key Developments
Key Developments Launch of Tulip Phase III - Coimbatore - Successfully launched Tower 6 – Out of 49 units ( Vascon Share) – Company had sold 44 units within one month of launch - Planning to Launch Tower 7 in the Month of August ‘22 Vascon Springs - Coimbatore - Company had fully sold the Building c
Slide 5: Execution Momentum pacing up…
Execution Momentum pacing up… REVENUE FROM OPERATIONS (RS. CRS) 166 In Q1 FY23, strong execution continue across EPC Projects 153 143 135 21 6 59 22 119 17 All projects are operating at an optimum level, which 78 enabled faster project execution and resulted in better 1 revenue generation 132 137 11
Slide 6: Debt Repayment of Rs. 59 crores since Mar-21
Debt Repayment of Rs. 59 crores since Mar-21 Particular (Rs. in Crs) Jun-22 Mar-22 Dec-21 Sep-21 Mar-21 Mar-20 Vascon Engineers SBI / UBI / CSB 58.96 57.32 68.72 75.35 58.76 66.48 Kotak RE Fund 10.63 23.35 23.35 54.89 70.69 103.83 JM Finance - 24.09 24.22 24.19 24.74 17.62 Aditya Birla Capital 27.39
Slide 7: Charting towards higher Growth Trajectory
Charting towards higher Growth Trajectory Robust Order Book Improved Capacity Higher Cashflow Strengthening the Utilization Generation Balance Sheet The Order Book has Execution of Current Leading to improved Repayment of debt by grown 2x from FY19, Order Book to enhance Profitability thereby, incre
Slide 8: P&L Highlights - Q1 FY23 & FY22
P&L Highlights- Q1 FY 23 & FY22 Standalone Consolidated Particulars (Rs. Crs) Q1 FY23 Q1 FY22 FY22 Q1 FY23 Q1 FY22 FY22 Revenue 141.43 75.06 462.65 201.68 110.87 656.86 Other Income 1.63 3.16 53.71 1.71 3.40 53.21 Total Income 143.06 78.22 516.36 203.39 114.27 710.07 Construction Expenses / Material
Slide 9: Q1 FY23 - Segmental Profit & Loss - after allocation
Q1 FY23- Segmental Profit & Loss - after allocation Inventorised / Particulars (Rs. Cr) RE# EPC## GMP Total Unallocable Revenue 7.00 140.65 60.26 207.91 Cost of Sales 2.38 119.61 43.50 0.77 166.26 Gross Profit 4.62 21.04 16.76 41.65 Gross Profit Margin % 66% 15% 28% 20% Other Income 0.52 0.54 0.81 -
Slide 10: Business Overview
Z 0 oO Re > BUSINESS OVERVIEW
Slide 11: Vascon – At a Glance
Vascon – At a Glace ENGINEERING PROCUREMENT & CONSTRUCTION REAL ESTATE DEVELOPMENT One of the leading EPC Company in India Focus on Mid-Range Housing Project of the leading EPC Company in India 50 Mn 200+ 30+ 30+ SQ. FT. OF PROJECTS PROJECTS YEARS OF PRESENCE DELIVERED DELIVERED EXPERIENCE ACROSS IN
Slide 12: EPC Business - Overview
EPC Business- Overview Construction Experience across various verticals Executed over 200 projects with construction area of over 50 msft Ability to execute around 8 msft per annum Currently executing around 3.7 msft p.a. – operating at 90% utilization Number of Personnel in Project / Engi
Slide 13: Marquee Clients
Marquee Clients MAINTAINING CONSISTENT QUALITY STANDARDS ENSURING REPEAT ORDERS 13 13
Slide 14: Order Book Build-Up & Key Orders
Order Book Build-Up & Key Orders Amt (Rs. Project Location Cr) (In Rs. Cr) External Order book 90 Mumbai police Staff quarters Mumbai 302 107 Raj Bhavan (Chief Minister) House Raipur 182 58 Medical Colleges with District Hospital, Kaushambi Kasuhambi, UP 208 139 Medical Colleges with District Hospit
Slide 15: Real Estate Development
Z 0 oO re > REAL ESTATE DEVELOPMENT
Slide 16: Real Estate Business
Real Estate Business BRAND EQUITY Landmark developments (Windermere, Forest County and Willows) have established the Brand Vascon in Pune Market END-TO-END CAPABILITIES In-house Design and Construction team gives us a unique advantage over other Real Estate Developers LOW OPERATING COST Flat organiz
Slide 17: Successfully launched Real estate projects
Successfully launched Real estate projects Vascon Dev. Area REAL ESTATE SALES (RS CR) Projects Launch Status Share (msft) Forest Edge (JV) A 50% 0.08 18-Jan Fully Sold 116 120 Forest Edge (JV) B 50% 0.08 19-Sep Fully Sold Windermere (JV)# 45% 0.39 18-Mar 77% sold 71 Windermere Bunglow 100% 0.012 20-
Slide 18: Current Real Estate Projects Under Development
Current Real Estate Projects Under Development Total Vascon Share Project Name Location Vascon Share Project Area Rev. Sale Value Collection Sale Value Collection Area Sold Recognized Type Share msft msft Rs. Cr Rs. Cr Rs. Cr Rs. Cr Rs. Cr Forest Edge (A&B) Pune JV 50% 0.16 0.15 109 87 55 44 26 Fore
Slide 19: Real Estate Projects – Pipeline (launches in Near-term)
Real Estate Projects – Pipeline (launches in Near-term) Sr. No. Projects Type Segment Total Vascon Share Saleable Expected Saleable Expected Area Sales Value Area Sales Value msft (Rs. in Cr) msft (Rs. in Cr) 1 Powai, Mumbai Ownership Residential 0.16 335 0.154 310 2 Kharadi, Pune JDA Residential 0.
Slide 20: Real Estate Projects – Pipeline (other projects)
Real Estate Projects – Pipeline (other projects) Sr. No. Projects Type Segment Total Expected Saleable Area Sales Value msft (Rs. in Cr) 1 Kalyani Nagar - Comm JDA Commercial 0.3 330 2 Kalyani Nagar JDA Residential 0.5 550 Total 0.8 880 20 20
Slide 21: Focus on Liquidity Management
Focus on Liquidity Management REMAINING NON-CORE ASSETS IDENTIFIED FOR SALE • COMMERCIAL PROPERTY AT KALEDONIA, ANDHERI (E) • 9 ACRE LAND PARCEL IN AURANGABAD • GMP TECHNICAL SOLUTIONS (85% SUBSIDIARY OF VASCON) CONTINUE FOCUS ON GENERATING CASH BY MONETIZING IDENTIFIED NON CORE ASSETS 21 21
Slide 22: Towards Newer, Bigger Milestones
TOWARDS NEWER, BIGGER MILESTONES LET’S CONNECT Mr. Pankaj Jain Mr. Gaurang Vasani/ Ms. Pooja Sharma pankaj@vascon.com vgaurang@stellar-ir.com Pooja.sharma@stellar-ir.com Vascon Weikfield Chambers, Pune - 411014 Kanakia Wall Street, Andheri (East), Mumbai 400 093 Visit: www.vascon.com