Spml Infra Limited · NSE:SPMLINFRA
Spml Infra — Investor Presentation (June 2025)
41 slides from Spml Infra's investor presentation, June 2025
Slide 1: Investor Presentation SPML Infra Limited
» v o .s _,i 0, \ I 5 O __/ I I *un l I • , s 4 .»* »~ I SPMI. Engineering Life INVESTOR PRESENTATION SPML INFRA LIMITED June 2025 www.spml.co.in
Slide 2: Disclaimer
Disclaimer l.r SPML Engineering Life ~_, This document contains statements about expected future events and financial and operating results of SPML Infra Limited, which are forward-looking. By their nature, forward-looking statements require the Company to make assumptions and are subject to inheren
Slide 3: Company Overview
Company Overview llll l II II II II" V I l I | Ulla r HQ 1. l Engineering Life u-.. 1 -_ v ~») 1' 1. \\
Slide 4: India's Leading Integrated Water Management Company
India’s Leading Integrated Water Management Company with SPML Key focus on Water Wastewater & Energy Infrastructure Development L, Engmeerirwg Life ****+ i 'J .. L .. 'D .. 'D D o .1 D C .. °. C, C, o.=" so 0 O01501 .2 o O o OQBc* .. Orc. 00201 . .. 1 . c .. .. 1' in 'n L Successfully completed 700+
Slide 5: Our Journey
\ Our SPL Journey Engineering Life • EPC World Awards 2023 for Outstanding Contribution in Urban Infrastructure • Construction Times Awards 2023 for Best • Completed an EPC project in • KPMG-Infrastructure • Rs. 783 cr order from Gujarat Water Project of the • Initial Public Offering on record time
Slide 6: Recognitions for Exemplary Project Executions
- Recognitions for SPML Exemplary Project Executions Engineering ~_, Life EPC World Awards 2023 for Outstanding Contribution in Urban Infrastructure (Water Project) Construction Times Awards 2023 for Best Water Project of the Year Skoch Awards 2020 – Order of Merit Certificate for Kanpur Sewerage Sy
Slide 7: Experienced Board of Directors
\ Experienced Board of SPL Directors Engineering Life Subhash Sethi Chairman I I I I In the past over four decades, he has worked passionately with his mission I I to create enduring value for the country. Under his leadership, SPML Infra Arundhuti Dhar Independent Director went on to establish itse
Slide 8: Experienced Key Officials
\ Experienced SPL Key Officials Engineering Life Vikas Sharma VP – Finance and Accounts Abhinandan Sethi Chief Operating Officer e A CA & CS and PGCP from IIM Indore, has 23years of experience in He spearheads the initiatives in Water and Power projects finance, accounting, and banking operations. H
Slide 9: Business Overview
Business Overview ill llll l if III ,I I I II I II I Ulla . . . . . . . . \r .. _ -a r WZ>t.'Tu-. -_ v Engineering Life 1' ~») \\ 1.
Slide 10: Robust Business Model
\ Robust SPL Business Model Engineering Life 11111 -, 11111 4 lllll ,g lllll 1 as SPML manages complete water cycles with a focus on I lllll | nun | 11111 a r pa 5 /;1§:» . '\ saving water and protecting resources 5»-°° Q 9\4"1 I_e'° * 111 - J * \ ¢5 ¢5 1, e ' . an a It includes raw water intake thr
Slide 11: Business Segments
\ SPL Business Engineering Life Segments Maintaining Energy Flow Through Focus remains on margin accretive the Strength of BESS ‘River to Reservoir’ segment River to Reservoir :lm .=.1~" "t sl-5" i I R Reservoir to Tap 1! a 1. ii.. 1 3 SPML’s qualifications enable it A so _ Xa vi f. _ ' / Home to Ri
Slide 12: Securing India's Water Future through our business solutions
\ SPL Engineering Life Securing India’s Water Future Water Supply and Distribution through our business solutions ~Rs. 1,150 cr, Isarda Dam, Rajasthan Drinking Water Supply and Management projects Superior Execution Track Record 10 years in O&M Water supply projects in Water EPC Sector(Till Date) Mo
Slide 13: Key Focus Areas
\ Build a Robust Order book Bid for fewer but larger projects with high margin fully funded and easy to execute SPL Engineering Life Efficient mgmt. of Debtor Days Focus on Cash Rich States Robust selection of sub–contractors Basis their local presence, financial prowess and work execution ability K
Slide 14: Competitive Edge
\ Competitive SPL Edge Engineering Life Strong and long term relationships Company is properly placed to with central & state water bodies market size with edge in choosing selective business Exceptional execution expertise Pre qualified player in high with strong engineering team value projects Res
Slide 15: Water Sector Outlook
Water Sector Outlook ill llll l III ,I I I II I II I Ulla r y!! .. ...... .. .. .. . ' ° r Engineering Life WMltfu
Slide 16: India Robust Industrial Growth
SPML India Robust Industrial Growth Engineering Life ................................................................................................................................................................. ........................................... L has a great opportunity to increase wat
Slide 17: Fueling Water Sector Growth
\ Government Initiatives SPL Engineering Life Fueling Water Sector Growth To be implemented in 2-3 years _ Pradhan Mantri Krishi Sinchayee I Yojana- Har Khet ko Pani Flagship Programs Considering the entire execution of the Rs.93,068.56 cr aforesaid schemes in 10 years, there is a visibility of busi
Slide 18: BESS Overview
BESS Overview ill llll II II ,III II" II I Ulla Engineering Life u-.. W \\
Slide 19: Energy Market Overview
Energy SPML Market Overview Engineering Life Pre-qualification to participate in BESS Tenders Battery Energy Storage Systems (BESS): ➢ Projections: As per Central Electric Authority (CEA), and National Electricity Plan (NEP) • By 2026-27: India will need about 34.72 GWh of energy storage capacity sp
Slide 20: Grid-Scale BESS Rollout in Collaboration with Energy Vault
SPL Enters into India’s Next Big Energy Revolution with Grid-Scale BESS Rollout in Exclusive Collaboration with Energy Vault Engineering Life 1 ENERGY VAULT ® Enabling a Renewable World Leading infrastructure development company with specific NYSE listed global leader in sustainable energy solutions
Slide 21: BESS vs Traditional EPC Power Projects
BESS - How is it related to the EPC Power projects and thus related to the projects being §PML executed by SPML Engineering Life In the traditional EPC Power Projects, SPML has primarily been executing Grid Scale Substation and Rural Electrification Projects. The following is the relative comparison
Slide 22: Key Highlights
Key Highlights ill llll l III ,I I I II I II I Ulla Engineering Life u-..
Slide 23: Key Actions
Key lu "m SPM L Actions Engineering \ Life I x/ / ` o: <- /T .1 Resolution with Liquidity Creation to drive Impact of Progress in Arbitration Significant Financial Improved Solvency IDRCL new Business Growth Restructuring Award Collections Growth in FY24 Ratios The consortium of To Improve the liqui
Slide 24: Resolution with NARCL/IDRCL
.. ... .. .. . .. ... ... . Significant Debt reduction Repayment from Resolution with & withdrawal of all actions of the lenders proceeds of arbitration awards NARCL/IDRCL No default in the lenders’ liability ....... No interest outgo and no repayment pressure on cash flow SPML Infra Sustainable Deb
Slide 25: Infusion of funds by the Promoters
Preferential Allotment S PML Infusion of funds by the Promoters Engineering \ Life Successfully raised funds through preferential allotment The Preferential allotment of Rs. 346 crore (including conversion of debt of the lenders and the promoters), involves a Rs. 190 crore contribution from the prom
Slide 26: Planned Liquidity Boost to Drive Business Growth
Planned Liquidity \ SPL Engineering Life Boost to Drive Rs. 30 cr Promoter Capital Infusion Business Growth Rs. 15 cr Sale of non-core assets Challenges addressed SPML Total planned Infra Ltd. Rs. 75 cr balance proceeds under Settlement in VSV Scheme Liquidity Delay in realization of Arbitration Amo
Slide 27: Credit Rating assigned by ICRA
S P AA L SPML Infra Limited has been assigned a credit rating by ICRA Instrument r Rating Action _ Long Term-Fund Based-Term Loan [ICRA] BBB-(Stable); (Rated amount – Rs. 477 crore) assigned MIT Long Term / Short Term [ICRA]BBB-(Stable) Non Fund Based-Proposed [ICRA] (Rated amount – Rs. 200 crore) A
Slide 28: Awards & Claims
Claims llll ill l III ,III II II II I Ulla Awards & . r l \ f ... . . . . . . . . ... ... .. . Engineering Life . I" n 1' W Z 42"ll\:~\ \\ 1.
Slide 29: Arbitration Awards
' n ' Arbitration QPAAL Awards Engineering Life Particulars Amount (Rs.cr) PSU – Remaining Awards eligible under Vivad Se Vishwas II • The actual receipt of Arbitration Awards will be the 11.0 Scheme cumulative of Interest till the date of actual receipt against n the amount reflected in the table.
Slide 30: Arbitration Claims
' n ' Arbitration QPAAL Claims Engineering Life Total Claims already filed till date Rs.4,535.8 Cr Particulars Amount (Rs. Cr) Claims filed till date-PSU 332.0 + Claims filed till date-Non PSU 4,203.8 Total Claims already filed till date 4,535.8 - The Aforesaid amount will further increase with addi
Slide 31: Environmental, Social, & Governance
Environmental, Social, & Governance ill llll II II ,III II" II I Ulla . . . \\" . . kg Engineering Life JE:8 Qu \§\ Q.
Slide 32: ESG
SPML ESG Engineering \ Life Business Responsibility and Sustainability Report (BRSR) BRSR Report to form a part of the FY24 Annual Report BRSR Report ` • The publication of Business Responsibility and Sustainability Report (BRSR), taking a significant step towards sustainability Self Initiated • Ini
Slide 33: Aligned to National & International Frameworks
1 Aligned to National & International Frameworks SP v L Engineering Life I ESG focus areas identified by Management I I I : Water management | Wastewater management | Resource efficiency and waste management | Health & I I : safety | People and team | Training, education and skill development | Corp
Slide 34: Financial & Operational Highlights
Financial & Operational Highlights I I I I II I II I III l llll ill Ulla . ,, I we _ \ Engineering Life "ll\§~\ Q.
Slide 35: Financials (Standalone) Q4FY25
\ Q4FY25 SPML Financials (Standalone) Engineering Life *Revenue (Rs. cr) #EBITDA (Rs. cr) PAT (Rs. cr) 255.5 200.7 200.8 27.6 17.3 23.0 22.5 10.4 11.8 Q4FY24 Q3FY25 Q4FY25 Q4FY24 Q3FY25 Q4FY25 Q4FY24 Q3FY25 Q4FY25 #EBITDA Margins PAT Margins 11.5% 5.9% 5.2% 11.2% 3.7% 10.8% Q4FY24 Q3FY25 Q4FY25 Q4FY
Slide 36: Financials (Standalone) FY25
\ FY25 SPML Financials (Standalone) Engineering Life *Revenue (Rs. cr) #EBITDA (Rs. cr) PAT (Rs. cr) 1,122.6 98.2 49.3 823.5 38.9 19.5 FY24 FY25 FY24 FY25 FY24 FY25 Basic EPS (Rs) #EBITDA Margins PAT Margins 11.9% 6.0% 7.83 3.98 3.5% 1.5% FY24 FY25 FY24 FY25 FY24 FY25 *After excluding the one-time E
Slide 37: Robust Balance Sheet (Standalone)
\ Robust SPML Balance Sheet (Standalone) Engineering Life Net Worth (Rs. cr) Debt (Rs. cr)* 7 \ \ I / / / Z I 819 1,704 \ \ \ \ / \ \ \ \ \ \ \ Z \ I \ Z I \ / \ / f \ Z I \ / \ / / \ / \ 1 \ 509 / \ \ \ \ \ \ \ \ \ \ \ 349 \ \ \ \ :A 558 379 FY23 FY24 FY25 FY23 FY24 FY25 *Aforesaid Debt figure is a
Slide 38: Key Ratios
\ Key SPML Ratio Engineering Life Debt to Equity (x) Debt to EBITDA (x) Current Ratio (x) Reducing the risk of cash 4.9 30.7 Improved flow problems Company is in the and enhancing efficiency process of becoming operational debt free and better stability 1.89 debt management 1.52 1.03 1.1 7.2 0.5 3.9
Slide 39: Projects executed in India
` Projects executed ' S PML In India iv Engineering Life N JI 3000 MM Dia MS Pipeline, Sauni Yojana, Gujarat I 125 MLD Water Treatment Plant, Rajasthan Bisalpur Jaipur Water Supply Pipeline \.'l.l mg Wil "It 340 MLD Pumping Station for Treated Effluent Disposal, Yamuna Vihar, New Delhi I 160 MLD Wat
Slide 40: About SPML Infra
` SP[\/\L ' About SPML Infra Engineering Life SPML Infra Ltd. is a leading publicly listed infrastructure development company in India with a rich legacy encompassing over four decades. The company has executed and commissioned nearly 700 infrastructure projects across India, significantly contribut
Slide 41: Contact
J . J (,l ~jww% I' Li/ 0) /an "T -* .»'*` if us SPML INFRA LIMITED Kapil Joshi – Investor.relations@spml.co.in www.spml.co.in ADFACTORS PR PVT LTD Snighter Albuquerque snighter.a@adfactorspr.com Pranay Premkumar Y . _ pranay.premkumar@adfactorspr.com +91 99207 66560 Engineering \ Life Devyanshi Dave