Vascon Engineers Limited · NSE:VASCONEQ
Vascon Engineers — Q1 FY2020 Earnings Presentation
20 slides from Vascon Engineers's earnings presentation, Aug 13, 2019
Slide 1: Presentation Update cover letter to stock exchanges
Date: August 13, 2019 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 Subjec
Slide 2: Investor Presentation August 2019
INVESTOR PRESENTATION | August 2019
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 Highlights
KEY HIGHLIGHTS EPC Business Real Estate Business Rs 1,079 Cr Rs 949 Cr Rs 130 Cr Witnessing decent traction in sales of Total Order Book External Orders Internal Orders Good Life & Windermere projects Order Intake of Rs 276 Cr in Q1FY20 New Sales booking of 46,720 sqft for a (Received Rs 104 Cr orde
Slide 5: P&L Highlights
P&L HIGHLIGHTS Standalone Consolidated Particulars (Rs. Cr) Q1 FY20 Q1 FY19 Q1 FY20 Q1 FY19 Revenue 95.63 93.88 130.68 136.97 Other Income 9.91 4.12 10.80 6.71 Total Income 105.54 98.00 141.48 143.68 Construction Expenses / Material Consumed 76.34 69.67 97.04 104.71 Employee Cost# 10.74 11.86 18.21
Slide 6: Segmental Profit & Loss - After Allocation
SEGMENTAL PROFIT & LOSS - AFTER ALLOCATION Particulars (Rs. Cr) RE# EPC## GMP Inventorised Total Revenue 42.53 62.64 34.52 139.69 Cost of Sales 37.12 47.53 20.47 1.00 106.12 Gross Profit 5.41 15.11 14.05 33.57 Gross Profit Margin % 13% 24% 41% 24% Other Income 4.15 5.94 1.35 11.44 Employee Cost 4.31
Slide 7: Vascon – At Present
VASCON – AT PRESENT ENGINEERING PROCUREMENT & CONSTRUCTION One of the leading EPC Company in India REAL ESTATE DEVELOPMENT Focus on Affordable Housing 6
Slide 8: Engineering Procurement & Construction
ENGINEERING PROCUREMENT & CONSTRUCTION
Slide 9: EPC Business
EPC BUSINESS 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 msft p.a. – operating at 40% utilization Number of Personnel in Project / Engineering team
Slide 10: Marquee Clients
MARQUEE CLIENTS MAINTAINING CONSISTENT QUALITY STANDARDS ENSURING REPEAT ORDERS 9
Slide 11: Consistent External Order Intake
CONSISTENT EXTERNAL ORDER INTAKE 949 508 467 276 225 FY17 FY18 FY19 Q1FY20 Current Order Book EXECUTION OF NEW ORDERS TO IMPROVE REVENUE & CAPACITY UTILISATION… LEADING TO BETTER OPERATING MARGINS 10
Slide 12: Existing Order Book
EXISTING ORDER BOOK Project Location Amt (Rs. Cr) External Order book Tycoon Mumbai 172 Adhiraj Mumbai 124 PMC-Affordable Housing Pune 103 Kailash Enclave Lucknow 84 Adampur Airport Adampur 81 Ayyalur Ayyalur,Andhra Pradesh 78 Godrej Greens Pune 62 Adoni Adoni, Andhra Pradesh 52 Sheth Creators – Mal
Slide 13: Ready to Capitalize on the Growth Opportunities
READY TO CAPITALIZE ON THE GROWTH OPPORTUNITIES Housing for all 2022 Education & Hospitality 1. Government focus on developing Educational Institutions 1. Opportunity under PMAY(U), Smart Cities, AMRUT, HIRDAY. and Hospitals 2. Housing shortage of 19 million in Urban Areas 2. Higher Education fundin
Slide 14: Government Initiatives in Real Estate Sector
GOVERNMENT INITIATIVES IN REAL ESTATE SECTOR Pradhan Mantri Awas Yojana – Urban - Sanctioned Rs. 4.83 lakh crore for the Construction of over 81 lakh houses, construction started of about 47 lakh houses Pradhan Mantri Awas Yojana – Gramin aims to achieve "Housing for All" by 2022- In Second Phase i.
Slide 15: Real-Estate Development
VASCON — =— — — — == =—= Hil i r. TRE EPEREREREEEEHTTVATET "| 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 DEV. AREA REAL ESTATE SALES (RS CR) PROJECTS LAUNCH STATUS (MSFT) Forest Edge (JV) 0.08 Jan 2018 Fully sold 272 Windermere (JV)# 0.38 Mar 2018 55% sold 197 Vascon Goodlife – 0.30 May 2018 60% sold 44 Value Home (Own) Forest County 0.18 Dec 2018 75% sold FY1
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 Pune JV 50% 0.08 0.08 54 29 27 15 - Forest Count
Slide 19: Real Estate Projects Pipeline
REAL ESTATE PROJECTS PIPELINE Expected Sales Sr. No. Projects Type Segment Saleable Area Value msft (Rs. in Cr) 1 Coimbatore JDA Residential 0.33 179 2 Forest Edge - Tower B JV Residential 0.08 53 3 Madurai JDA Residential 0.49 220 4 Bavdhan - Comm JDA Commercial 0.23 158 5 Willows - Comm JV Commerc
Slide 20: Thank You!
THANK YOU! Mr. Punit Bhayani Mr. Vikash Verma / Ms. Hina Agarwal punit@vascon.com vikash.verma@stellar-ir.com hina@stellar-ir.com Vascon Weikfield Chambers, Pune - 411014 Kanakia Wall Street, Andheri (East), Mumbai 400 093