Bgr Energy Systems Limited · NSE:BGRENERGY
Bgr Energy Systems — Investor Presentation (November 2008)
29 slides from Bgr Energy Systems's investor presentation, November 2008
Slide 1: Engineering Energy... November 2008
; 7 . a ‘ . Engineering Energy... November 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 Oil & Gas Equipment Division Air Fin Cooler Division Electrical Projects Division Environmental Engineering Division Captive Power Division Group Companies G
Slide 5: Business Divisions
Business Divisions Revenue break up for Year ended 31-March-08 Order backlog as of 1st November 2008 4% 2% Air Fin Cooler 8% 3% Environmental 1377 21% Engineering 118 323 Air Fin Cooler Oil & Gas Equipment 138 3702 Electrical Projects Power Projects Oil & Gas Captive Power Equipment Division 62% Ele
Slide 6: Key Milestones
Received 2x600 Received 2x500 MW EPC contract MW BOP contract Key Milestones Received from APGENCO for from RRVUNL for Kalisindh TPP power trading Vijayawada TPP & license Kakatiya TPP Established the Power Secured first EPC Project contract for 120 Division MW power plant in Tamil Nadu 2008 Company
Slide 7: Favorable Indian Industry Dynamics
Favorable Indian Industry Dynamics Total installed capacity – July 2008 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 20
Slide 8: Power Project Division
Power Project Division Turnkey Engineering, Procurement & Construction (EPC) and Balance of Plant (BOP) Contracting Only Company in India executing 4 BOP contracts for 500 MW unit Secured the perhaps the India‟s largest ever EPC contract for 2x600 MW power Project Early adopter of BOP concep
Slide 9: Power Projects Division - Projects Completed
POWER PROJECTS DIVISION - PROJECTS COMPLETED PROJECT FUEL ORDER VALUE SCOPE (Rs. In Million ) RRVUNL - 330 MW CCPP, Dholpur, Rajasthan Gas 2095 Turnkey Engineering, Procurement & Construction TNEB - 95 MW CCPP, Valathur, Tamil Nadu Gas 594 of Balance of Plant including Grasim Industries - 23 MW CPP,
Slide 10: Power Projects Division - Projects Under Execution
POWER PROJECTS DIVISION - PROJECTS UNDER EXECUTION ORDER VALUE PROJECT CAPACITY FUEL SCOPE ( Rs. in Million) RRVUNL - Kalisindh TPS, Rajasthan 2 x 600 MW Coal 49000 Engineering Procurement and Construction of the TNEB - Mettur TPS, Tamil Nadu 1 x 600 MW Coal 31000 Power Plant APGENCO - Kothagudem TP
Slide 11: Oil & Gas Equipment Division
Oil & Gas Equipment Division Products and turnkey services for the Oil & Gas industry, which includes Gas Processing Packages Pipeline Systems Gas Conditioning & Metering Skid Storage Tanks Gas Compressor Package Gas Compressor Package Jubail Oil Chemicals Hydrogen Gas Compressors for
Slide 12: Oil & Gas Equipment Division
Oil & Gas Equipment Division Received three export orders from the State Company for Oil Projects (SCOP) in Iraq for USD 104.90 Million Fixed and Floating roof storage tanks (API 650) S/N Customer Scope Value KORMOR Gas Field Engineering, Procurement & Supply of Gas USD 1 Development Project, SC
Slide 13: Air Fin Cooler Division
Air Fin Cooler Division Turnkey supply of Air Cooled Heat Exchangers for oil & gas processes and power 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 Exchanger
Slide 14: Electrical Projects Division
Electrical Projects Division Established in 2003 to undertake turnkey contracting for supply of Electrical Systems and Equipments for Power stations, Refineries and Petrochemical operations. Total Income from Electrical Projects Offering Turnkey solutions for: Division EHV Substations 700 590
Slide 15: Electrical Projects Division - Projects Under Execution
ELECTRICAL PROJECTS DIVISION - PROJECTS UNDER EXECUTION ORDER VALUE PROJECT SCOPE (Rs. in Million ) 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 Erection, T
Slide 16: Electrical Projects Division - Projects Completed
ELECTRICAL PROJECTS DIVISION - PROJECTS COMPLETED ORDER VALUE PROJECT SCOPE ( Rs. in Million) Jodhpur Vidyut Vitran Nigam Limited , Supply, Erection, Testing and Commissioning of 217 Jodhpur 11 KV line, LT Line & Substation Indira Gandhi Centre for Atomic Research, Supply, Erection, Testing and Comm
Slide 17: Environmental Engineering Division
Environmental Engineering Division Product range includes: Deaerators Effluent Treatment & Recycling Plants leading to zero discharge Water Treatment Plants (Pre-Treatment & DM Plant) RO based Desalination Plants CPU – Condensate Polishing Units Supplied on turnkey basis the largest ev
Slide 18: Environmental Engineering Division
Environmental Engineering Division Four large-size Membrane-based Effluent Recycling Plants at Tiruppur on commissioning would be the largest in capacity in India Exclusive Licensee of M/s Termomechanica Ecologia (TME) Italy, offering sate-of-the-art technology for Condensate Polishing Plants in
Slide 19: Captive Power Division
Captive Power Division Established in 2006 to address the growing demand for industrial captive power plants and public utility projects in India up to 150 MW Executes Turnkey EPC contracts Captive Power Plants for industries like Steel, Cement, Textiles, Paper, Pharmacy, Refinery, Chemical, P
Slide 20: Key Differentiators
Key Differentiators Established in Product and Turnkey contract segments An Engineering Company dedicated to Power and Oil & Gas Undertakes turnkey EPC projects for large Utility Power Plants Diverse Design & Engineering capabilities Ability to Design & Manufacture customised products In
Slide 21: In-House BOP Systems
In- House Bop Systems 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 & Structure
Slide 22: Strategy for Rapid Growth
Strategy for Rapid Growth Utilize project management skills and in-house design & Focus on large BOP engineering capabilities to access the growing demand for power contracts and projects both in and around India EPC contracts Focus on competitiveness and obtain high profit margins with acceptab
Slide 23: Board of Directors
Board of Directors Age S/N Name & Occupation Designation (Years) Mr. B.G. Raghupathy 1 56 Chairman & Managing Director Industrialist Mr. S. Rathinam 2 58 Director (Finance) Company Executive Mr. V.R. Mahadevan 3 49 Director (Technologies, HR & Infrastructure) Company Executive Mr. Heinrich Böhmer 4
Slide 24: 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 Experience with Name Position (Year
Slide 25: Human Resources
Human Resources S/N Particulars No. of Employees Total Employees 1212 1 Engineers 972 i Design & Engineering 271 ii Project Management & Quality Control 592 iii Planning, Procurement and Production 75 iv Marketing 34 2 Professional Staff 186 i Finance and Accounts 92 ii Human resource, Legal, Secret
Slide 26: 3 Years Financials – A Snapshot
3 Years Financials – A Snapshot 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) 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 4.56 392 5.
Slide 27: Robust Financials
Robust Financials Total Revenues EBITDA and EBITDA margin 16000 1800 11.2% 10.54% 12.0% 9.9% 9.5% 1500 10.0% 7.9% INR Million 12000 1200 8.0% INR Million 1605 900 6.0% 8000 15228 600 4.0% 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 FY 03 FY 04 FY 05 FY 07
Slide 28: Financials – Q1 of 08-09
Financials – Q1 of 08-09 Total Revenues EBITDA 320 3000 240 INR Million INR Million 2000 3068 160 263 1000 2324 225 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 Million 1.25 100 172 2.27 2.39 147 50 0 0.00 Q1 FY 08 Q1 FY 09 Q1 FY 08 Q1 FY 09 27
Slide 29: Financials – Q2 of 08-09
Financials – Q2 of 08-09 Total Revenues EBITDA 320 3000 240 INR Million INR Million 2000 4252 160 507 1000 3116 318 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 Million 1.25 100 237 2.47 3.29 160 50 0 0.00 Q1 FY 08 Q1 FY 09 Q1 FY 08 Q1 FY 09 28
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