Slide 1: Analyst Presentation Q3 FY 2012 Result Update
Vascon Engineers Limited Analyst Presentation Q3 FY 2012 Result Update February, 2012
Slide 2: Safe Harbor
Safe Harbor 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 secu
Slide 3: Consolidated Profitability Statement – Q3 FY2012
Consolidated Profitability Statement – Q3 FY2012 Rs. mn Q3 FY12 Q3 FY 11 YoY% Q2 FY12 QoQ% Revenue 1,684 2,159 1,822 Other Income 56 -6.6 42 Total Income 1,740 2,152 -19.1% 1,864 -6.6% Raw Material 1,167 1714 1,275 Employee Cost 190 176 188 Other Expenses 115 109 136 EBITDA 268 153 75.0% 265 1.2% EB
Slide 4: Consolidated Profitability Statement – 9M FY2012
Consolidated Profitability Statement – 9M FY2012 Rs. mn 9M FY12 9M FY11 YoY% FY 11 Revenue 5314 6281 10230 Other Income 152 188 298 Total Income 5466 6469 -15.5% 10527 Raw Material 3789 4944 8127 Employee Cost 557 459 624 Other Expenses 367 344 497 EBITDA 753 722 4.3% 1280 EBITDA Margin 13.8% 11.2%
Slide 5: Segment-wise Financial Highlights: 9M FY 2012
Segment-wise Financial Highlights: 9M FY 2012 Rs. mn EPC Real Estate Hospitality GMP Consolidated Revenue 3,270 881 60 1,055 5,314 * Cost Of Sales 2,681 424 18 667 3,789 Gross Profit 589 457 43 388 1,525 Gross Profit % 18.0% 51.8% 70.8% 36.8% 28.7% * Includes Rs. 48 mn other income 3,270 18.0% 51.8%
Slide 6: Strong EPC Order Backlog
Strong EPC Order Backlog EPC Order additions in 9M FY12 Third Party EPC Order Inflow Contract Value Project name Location Type 15,206 (Rs. Mn.) Reniassance Industrial Mumbai Industrial 11,000 Park Parthenon Phase II Mumbai Residential 1,860 6,605 "Kshitij" Parmanandwadi Mumbai Residential 964 Delanc
Slide 7: Largest third party EPC Contract
Largest third party EPC Contract Renaissance Warehouse & Industrial Park – Bhiwandi EPC Contract of Rs 1,100 crore First Private Sector “MIDC equivalent” Industrial Park in Bhiwandi. 352 acres of Integrated Warehousing and Industrial Complex Contract Details 16 million sq. ft to be developed
Slide 8: Real Estate Business Update
Real Estate Business Update Project Details till December 31, 2011 Rev. Project Name Location Vascon Share Project Area Area Sold Sale Value Collection Recognised Equity Revenue msft msft Rs. mn Rs. mn Rs. mn Willows Phase I Pune 100% 56% 0.22 0.21 874 792 619 Willows Phase II Pune 100% 56% 0.16 0.1
Slide 9: Real Estate: Projects ready for launch
Real Estate: Projects ready for launch Development Project Name Location Project Area Time-Line msft Years Chennai Project Chennai 1.57 3.0 Neelambur Project Coimabatore 0.80 3.0 Nature Spring Talegaon, Pune 0.24 2.5 Vista Phase III Nashik 0.10 2.5 Ela Pune 0.09 2.0 Total 2.80 All projects will have
Slide 10: Real Estate: Talegaon Project to be launched soon
Real Estate: Talegaon Project to be launched soon Located at Talegaon, Pune 1.7 kms from railway station Surrounding area has well developed infrastructure like school, hospital, banks etc. 2.5 million sq. ft. total saleable area 0.24 million sq. ft. to be launched in Phase I in the coming
Slide 11: Real Estate: Visible Cash flow
Real Estate: Visible Cash flow Projects Under Unsold Inventory of Construction Completed Projects* Total Area Sqft 2,309,181 2,007,076 Area sold till 31st Dec, 2011 Sqft 1,599,173 1,512,655 Sales Value of Area Sold Rs. Mn. 6,672 11,980 Amount Collected till 31st Dec, 2011 Rs. Mn. 2,797 - Area unsold
Slide 12: Strategic Investment in Hospitality Business
Strategic Investment in Hospitality Business Hotel Galaxy Resorts Golden Suits Hyatt Holiday Inn Coimbatore Location Goa Pune Pune Pune Coimbatore Holding 43.83% 50% 26% 27.50% 70% Category 3 Star 3 Star 5 Star 5 Star 4 Star No. of Keys 65 71 306 187 129 Total Area (Sft) 70,000 55,000 4,50,000 1,09,
Slide 13: Awards & Recognition during the quarter
Awards & Recognition during the quarter Winner of BAI - Universal (Builder's Association of India) Well Built Structure Competition 2011 Award category - Well Mechanized Project 2011 Received for project Altimo, Altamount Road, Mumbai
Slide 14: Annexure
Annexure
Slide 15: Key Third Party EPC Contracts
Key Third Party EPC Contracts Nos. Client Location Contract Value Order Backlog Rs. mn. Rs. mn. 1 Renaissance Industrial Park Mumbai 11,000 11,000 2 Parthenon Phase II -Ecstasy Realty Mumbai 1,860 1,705 3 NBCC Mumbai Mumbai 1,312 1,304 4 Adani -Meadows Shantigram Ahmedabad 1,570 1,267 5 TN Assembly
Slide 16: Residential Real Estate Portfolio
Residential Real Estate Portfolio Developable Area Estd. Development No. Project Location Vascon Share Project Area (msf) Price Time-Line Equity Revenue Acres Project Vascon Rs. / sft Years 1 Symphony Thane 44.4% 100% 145.12 18.96 8.43 4,500 7 2 Chennai Project Oragadam 100% 76% 105 11.67 8.87 3,500
Slide 17: Commercial Real Estate Portfolio
Commercial Real Estate Portfolio Project Developable Area Estd. Development No. Project Location Vascon Share Area (msf) Price Time-Line* Equity Revenue Acres Project Vascon Rs. / sft Years 1 Vascon City Gold Ahmedabad 65% 67% 25.98 2.65 1.15 3,500 4 2 Caladium Pune 100% 57% 95 2.93 1.67 4,000 4 3 G
Slide 18: For further information, please contact:
For further information, please contact: Company : Vascon Engineers Ltd. Mr. M Krishnamurthi , Chief Corporate Affairs mk_murthi@vascon.com Mr. Vivek Sakharkar, Manager Investor Relations viveksakharkar@vascon.com www.vascon.com 18