Vascon Engineers Limited · NSE:VASCONEQ
Vascon Engineers — Q3 FY2025 Earnings Presentation
35 slides from Vascon Engineers's earnings presentation, Jan 27, 2025
Slide 1: Presentation Update letter to stock exchanges
January 27, 2025 To, To, National Stock Exchange of India Limited BSE Limited Listing Department, The Department of Corporate Services Exchange Plaza, Phiroze Jeejeebhoy Towers, Dalal Street, Bandra (E), Mumbai – 400 051 Fort, Mumbai 400 001 Ref Symbol: VASCONEQ Ref: Scrip Code: 533156 Subject: Pres
Slide 2: Investor Presentation | January 2025
“Persistent to create better tomorrow” Investor Presentation | January 2025
Slide 3: 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 4: Key Business Highlights
Rs 3,179 Crs Rs 2,715 Crs ` Total Order Book External EPC Order Book Higher contribution by Forming 4x of FY24 EPC revenues Government projects ~78% 47,658 Sq. ft. Govt. Project (%) Real Estate 9M FY25: Providing visibility of faster New Sales Booking in 9M FY25 for a execution and uninterrupted Tot
Slide 5: Execution Momentum continues
Execution Momentum continues REVENUE FROM OPERATIONS (RS. CRS) In 9M FY25, strong execution continued across EPC Projects 21 10 20 6 2 All projects are operating at an optimum level, which enabled faster project execution and resulted in better 19 7 revenue generation 277 231 186 192 200 145 157 Exe
Slide 6: Debt position as on 31st Dec 2024
Debt position as on 31st Dec 2024 Particular (Rs. Crs) Dec-24* Sep-24* June-24 Mar-24 Mar-23 Mar-22 Vascon Engineers SBI / UBI / CSB/ Indus Ind/FDRL/KBL 48.09 51.37 53.75 31.04 58.81 57.32 Kotak RE Fund - - - - - 23.35 JM Finance - - - - - 24.09 Aditya Birla Capital 48.86 55.99 49.02 51.66 37.03 - P
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 Stands Execution of Current Leading to improved Repayment of debt by at 4x of FY24 EPC Order Book to enhance Profitability thereby, incr
Slide 8: P&L Highlights – Q3 & 9M FY25
P&L Highlights – Q3 & 9M FY25 Standalone Consolidated Particulars (Rs. Crs) Q3 FY25 Q3 FY24 9M FY 25 9M FY24 Q3 FY25 Q3 FY24 9M FY 25 9M FY24 Continuing Operations Revenue 294.27 204.79 690.09 528.74 294.52 206.10 690.35 530.05 Other Income 3.79 1.59 7.90 5.91 3.77 1.57 7.83 5.85 Total Income 298.06
Slide 9: 9M FY25 - Segmental Profit & Loss - after allocation
9M FY25 - Segmental Profit & Loss - after allocation Inventorised / Particulars (Rs. Cr) RE# EPC## Total Unallocable Continuing Operations Revenue 28.20 741.50 769.70 Cost of Sales 18.02 625.37 12.93 656.32 Gross Profit 10.18 116.13 113.38 Gross Profit Margin % 36% 16% 15% Other Income 3.02 4.92 - 7
Slide 10: Business Overview
v4 0 a 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 45 Mn 220+ 38 30+ SQ. FT. OF PROJECTS PROJECTS YEARS OF PRESENCE DELIVERED DELIVERED EXPERIENCE ACROSS IND
Slide 12: EPC Business- Overview
EPC Business- Overview ➢ Construction Experience across various verticals ▪ Executed over 220 projects with construction area of over 45 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 12
Slide 14: Order Book Build-Up & Key Orders
Order Book Build-Up & Key Orders Project Location Amt (Rs. Crs) (In Rs. Crs) External Order book 527 Medical Colleges at Suphal, Bihar Suphal 420 464 Capgemini, IT Park Chennai 377 Hospital Building at Moshi, Pimpri Chinchwad Pune 302 Government Medical College at Sindhudurg, Maharashtra Sindhudurg
Slide 15: Glimpses of EPC Completed Projects
GLIMPSES OF EPC COMPLETED PROJECTS
Slide 16: EPC : Completed Projects
EPC : Completed Projects RAJ BHAVAN – CHIEF MINISTER HOUSE RAIPUR BMRCL (METRO SHED) - BANGALORE ADAMPUR AIRPORT PMAY - PUNE 15
Slide 17: Glimpses of EPC Ongoing Projects
GLIMPSES OF EPC ONGOING PROJECTS
Slide 18: EPC : On-Going Projects (1/3)
EPC : On-Going Projects (1/3) BIJNOR (UP) MEDICAL COLLEGE & HOSPITAL VEDANTA - BARMER PUNE MDRA - RESIDENTIAL QUARTERS KAUSHAMBI (UP) MEDICAL COLLEGE & HOSPITAL 17
Slide 19: EPC : On-Going Projects (2/3)
EPC : On-Going Projects (2/3) MUMBAI POLICE HOUSING JILA KARAGAR, AMETHI 18
Slide 20: EPC : On-Going Projects (3/3)
EPC : On-Going Projects (3/3) HOSPITAL BUILDING AT MOSHI, PIMPRI CHINCHWAD PUNE POLICE STAFF QUARTERS 19
Slide 21: Real Estate (RE) Development
REAL ESTATE (RE) DEVELOPMENT
Slide 22: 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 23: Successfully launched Real estate projects
Successfully launched Real estate projects Total Saleable Vascon Projects Launch Status Real Estate Sales (Rs. Crs) Area (msft) Share (msft) Windermere Residential 0.39 0.17 18-Mar 95% Sold 118 100 Tulip Phase III 0.27 0.19 22- June 74% Sold Goodlife – Value Home (Own) * 0.46 0.46 18-May 83% Sold 35
Slide 24: Current Real Estate Projects Under Development
Current Real Estate Projects Under Development Total Area Vascon Share Sr. Vascon Project attributable Area Revenue Project Name Location Area to Vascon Sale Collection No. Sold Recognised Type Share msft msft msft (Rs. Cr) (Rs. Cr) (Rs. Cr) 1 Tulip – Phase III Coimbatore JDA 70% 0.27 0.19 0.14 93 4
Slide 25: Real Estate Projects – Pipeline (launches in Near-term)
Real Estate Projects – Pipeline (launches in Near-term) Total Vascon Share Sr. Saleable Expected Saleable Expected Projects Type Segment No. Area Sales Value Area Sales Value msft (in Rs. Cr) msft (in Rs. Cr) 1 Powai, Mumbai JV Residential 0.20 364 0.07 127 2 4 Acre HDH-Ajanta JV Residential 0.6 460
Slide 26: Real Estate Projects – Pipeline (other projects)
Real Estate Projects – Pipeline (other projects) Sr. No. Projects Type Segment Total Saleable Expected Area Sales Value msft (Rs. Cr) 1 Kalyani Nagar - Comm JDA Commercial 0.30 330 2 Kalyani Nagar JDA Residential 0.50 550 Total 0.80 880 25
Slide 27: Glimpses of (RE) Completed Projects
GLIMPSES OF (RE) COMPLETED PROJECTS
Slide 28: Real Estate : Completed Projects (1/3)
Real Estate : Completed Projects (1/3) WINDERMERE, PUNE WINDERMERE, PUNE WINDERMERE, PUNE 27
Slide 29: Real Estate : Completed Projects (2/3)
Real Estate : Completed Projects (2/3) GRAND ENTRANCE LOBBY - WINDERMERE, PUNE FOREST COUNTY, PUNE 28
Slide 30: Real Estate : Completed Projects (3/3)
Real Estate : Completed Projects (3/3) FOREST EDGE, PUNE CRECHE, FOREST EDGE, PUNE PLATINUM SQUARE, PUNE 29
Slide 31: Glimpses of (RE) Ongoing Projects
GLIMPSES OF (RE) ONGOING PROJECTS
Slide 32: Real Estate : On-Going Projects
Real Estate : On-Going Projects TULIPS PHASE 3 – COIMBATORE TOWER OF ASCEND - KHARADI 31
Slide 33: Glimpses of (RE) Upcoming Projects – Artistic Impression
GLIMPSES OF (RE) UPCOMING PROJECTS – ARTISTIC IMPRESSION
Slide 34: Real Estate : Upcoming Projects
Real Estate : Upcoming Projects OMSAINATH SOCIETY SANTACRUZ - MUMBAI POWAI - MUMBAI 33
Slide 35: 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