Slide 1: Exchange filing cover letter: Presentation Update
May 15, 2023 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 Dear Sir/ Madam
Slide 2: Investor Presentation | May 2023
“Persistent to create better tomorrow” Investor Presentation | May 2023
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
` 2,127 Crs. 1,739 Crs Total Order Book External EPC Order Book Forming healthy Order Book of Higher contribution by 3.2x FY23 EPC revenues Government projects FY23: ~78% 174,209 Sq.ft. Govt. Project (%) Real Estate KEY BUSINESS HIGHLIGHTS Providing visibility of faster execution New Sales Booking i
Slide 5: Execution Momentum pacing up…
Execution Momentum pacing up… REVENUE FROM OPERATIONS (RS. CRS) In Q4 FY23, strong execution continued across EPC Projects 251 48 200 183 166 34 All projects are operating at an optimum level, which enabled 153 27 143 faster project execution and resulted in better revenue 59 21 6 generation 203 156
Slide 6: Debt position as on 31st March 2023
Debt position as on 31st March 2023 Particular (Rs. in Crs) Mar-23 Dec -22 Sept -22 Jun-22 Mar-22 Mar-21 Mar-20 Vascon Engineers SBI / UBI / CSB 58.81 67.73 68.71 58.96 57.32 58.76 66.48 Kotak RE Fund - - 10.63 10.63 23.35 70.69 103.83 JM Finance - - - - 24.09 24.74 17.62 Aditya Birla Capital 37.03
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 - Q4 & FY23
P&L Highlights- Q4 & FY 23 Standalone Consolidated Particulars (Rs. Crs) Q4 FY23 Q4 FY22 FY 23 FY 22 Q4 FY23 Q4 FY22 FY 23 FY 22 Revenue 247.61 148.16 767.47 462.65 331.08 216.58 1,019.39 656.86 Other Income 3.38 4.92 9.60 53.71 4.73 5.35 11.04 53.21 Total Income 250.99 153.08 777.07 516.36 335.81 2
Slide 9: FY23 Segmental Profit & Loss - after allocation
FY23- Segmental Profit & Loss - after allocation Inventorised / Particulars (Rs. Cr) RE# EPC## GMP Total Unallocable Revenue 146.61 698.88 251.87 1,097.36 Cost of Sales 79.03 598.16 172.09 7.47 856.75 Gross Profit 67.58 100.72 79.78 240.61 Gross Profit Margin % 46% 14% 32% 22% Other Income 2.44 7.16
Slide 10: Balance Sheet – Consolidated
Balance Sheet – Consolidated Rs. in Crs Mar – 23 Mar – 22 Rs. in Crs Mar – 23 Mar – 22 Non-Current Assets 375.75 313.29 Shareholder’s Fund 924.36 824.13 Fixed Assets 116.88 94.25 Share Capital 217.32 217.32 Financial Assets 212.51 175.53 Other Equity 694.45 594.04 Other Non-Current Assets, Income Ta
Slide 11: Business Overview
Z 0 a Re > BUSINESS OVERVIEW
Slide 12: 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 13: 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 14: Marquee Clients
Marquee Clients MAINTAINING CONSISTENT QUALITY STANDARDS ENSURING REPEAT ORDERS 13
Slide 15: Order Book Build-Up & Key Orders
Order Book Build-Up & Key Orders Amt Project Location (Rs. Cr) (In Rs. Cr) External Order book 90 Pune Police Staff Quarters Pune 320 107 Mumbai Police Staff Quarters Mumbai 247 388 Medical Colleges With District Hospital, Kaushambi Kasuhambi, UP 149 58 Jila Karagar At Amethi Amethi, UP 134 Medical
Slide 16: Real Estate Development
Z 0 a Re > REAL ESTATE DEVELOPMENT
Slide 17: 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 18: Successfully launched Real estate projects
Successfully launched Real estate projects Vascon Dev. Area Projects Launch Status REAL ESTATE SALES (RS CR) Share (msft) Forest Edge (JV) A 50% 0.08 18-Jan Fully Sold Forest Edge (JV) B 50% 0.08 19-Sep Fully Sold 116 120 118 Windermere (JV)# 45% 0.39 18-Mar 79% sold Windermere Bunglow 100% 0.012 20
Slide 19: Current Real Estate Projects Under Development
Current Real Estate Projects Under Development Total Vascon Share Vascon Project Name Location Share Project Area Sale Sale Rev. Collection Collection Area Sold Value Value 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 98 55 49 55 Fore
Slide 20: 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 JDA/JV Residential 0.16 335 0.06 118 2 Kharadi, Pune JDA Commerical 0.19 18
Slide 21: 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. in Cr) 1 Kalyani Nagar - Comm JDA Commercial 0.3 330 2 Kalyani Nagar JDA Residential 0.5 550 Total 0.8 880 20
Slide 22: Focus on Liquidity Management
Focus on Liquidity Management REMAINING NON-CORE ASSETS IDENTIFIED FOR SALE • 9 ACRE LAND PARCEL IN AURANGABAD * • GMP TECHNICAL SOLUTIONS (85% SUBSIDIARY OF VASCON) * NOC RECEIVED FROM STATE BANK OF INDIA AND TRANSACTION IS UNDER PROCESS CONTINUE FOCUS ON GENERATING CASH BY MONETIZING IDENTIFIED NO
Slide 23: Towards Newer, Bigger Milestones – Let's Connect
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