Slide 1: Submission of Investor/Analysts Presentation cover letter
PATEL ENGINEERING LID. CIN: L99999MH1949PLC007039 February 9, 2022 To, BSE Limited The National Stock Exchange of India Limited PhirozeJeejeebhoy Towers, Exchange Plaza, Dalal Street, Bandra - Kurla Complex, Mumbai - 400 001 Mumbai - 400 051 SCRIP CODE: 531120 SYMBOL: PATELENG Security: Equity Secur
Slide 2: Patel Engineering Ltd Result Update Presentation Q3FY22
Patel Engineering Ltd Since 1949 Result Update Presentation | Q3FY22
Slide 3: Disclaimer
Disclaimer This presentation and the accompanying slides have been prepared by Patel Engineering Ltd. (the “Company”), and have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form
Slide 4: Patel Engineering Ltd. Standalone Numbers
PATEL ENGINEERING LTD. STANDALONE NUMBERS.
Slide 5: Standalone Profitability Highlights
STANDALONE PROFITABILITY HIGHLIGHTS Standalone Narration Dec-21 Dec-20 Y-O-Y % Sep-21 Q-O-Q % Revenue from Operations 760.10 473.20 60.63% 651.56 16.66% Expenses 640.04 420.07 555.80 Operating EBITDA 120.06 53.13 95.76 EBITDA Margin 15.79% 11.22% 14.69% Depreciation -17.21 -16.32 -16.95 Interest -99
Slide 6: Revenue from Operations
REVENUE FROM OPERATIONS Q3 760.10 Annual 473.20 2333.06 2069.89 1719.13 Dec-20 Dec-21 Q1 – Q2 – Q3 760.10 651.56 575.35 Mar-19 Mar-20 Mar-21 March 21 lower due to Covid Impact T Jun-21 Sep-21 Dec-21
Slide 7: Revenue from Operations Breakup – Q3FY22
REVENUE FROM OPERATIONS BREAKUP – Q3FY22 OTHERS 2% REVENUE – Q3 FY 22 TUNNEL 26% HYDRO 49% ■ HYDRO ■ IRRIGATION ■ REAL ESTATE ■ ROAD ■ TUNNEL ■ OTHERS ROAD 16% REAL ESTATE 0% IRRIGATION 7%
Slide 8: Order Book
ORDER BOOK IN CR CAGR – ~ 13.3% ~ 15K ~ 14K •••••••••• ~ 13K ••••••••• ~ 10K Mar-19 Mar-20 Mar-21 Dec-21
Slide 9: Order Book: Major Orders Received in Last 2 Years
ORDER BOOK: MAJOR ORDER RECEIVED IN LAST 2 YEARS Project Name Value of Contract (in cr) Kiru HEP, J&K 2,240 Subansiri HEP, Arunachal Pradesh 1,564 Teesta HEP, Sikkim 1,251 Luhri HEP, Himachal Pradesh 976 Ircon T7 Tunnel 424 Total 6,455
Slide 10: Order Book Breakup as on December 2021
ORDER BOOK BREAKUP AS ON DECEMBER 2021 Others Road 4% December 21 7% Tunnel 17% Hydro Power 60% ■ Hydro Power ■ Irrigation ■ Tunnel ■ Road Irrigation ■ Others 12%
Slide 11: Debt / Equity Ratio
DEBT / EQUITY RATIO. Debt - Equity Ratio 2.8 2.05 1.08 0.96 0.74 0.78 0.8 r r r r Mar-16 Mar-17 Mar-18 Mar-19 Mar-20 Mar-21 Dec-21
Slide 12: Patel Engineering Ltd. Consolidated Numbers
PATEL ENGINEERING LTD. CONSOLIDATED NUMBERS.
Slide 13: Consolidated Profitability Highlights
CONSOLIDATED PROFATIBILITY HIGHLIGHTS Consolidated Narration Dec-21 Dec-20 Y-O-Y % Sep-21 Q-O-Q % Sales 877.93 544.05 61.37% 724.45 21.19% Expenses 731.56 473.67 602.00 Operating EBITDA 146.37 70.38 122.45 EBITDA Margin 16.67% 12.93% 16.90% Depreciation -20.80 -18.01 -20.33 Interest -105.57 -97.64 -
Slide 14: Revenue from Operations
REVENUE FROM OPERATIONS Q3 Annual 877.93 2,617.21 544.05 2,362.20 1,994.79 Dec-20 Dec-21 Q1 – Q2 – Q3 877.93 666.25 724.45 Mar-19 Mar-20 Mar-21 March 21 lower due to Covid Impact T Jun-21 Sep-21 Dec-21
Slide 15: Patel Engineering Ltd Background
PATEL ENGINEERING LTD Background Incorporated in 1949, Headquartered in Mumbai, a leading player in the civil engineering construction segment with more than six decade track record of constructing dams, bridges, tunnels, roads, piling works, industrial structures and other heavy civil engineering
Slide 16: Major Projects Completed
Major Projects completed 8000+ MW Hydro Project | 85+ Dams | 200+ kms of Tunnels | 5.5+ Lakhs Acres Irrigated | 800+ Kms Road Srisailam Left Bank Hydro Power Station (900 MW) Teesta Hydro Electro Project Stage V (510 MW) Ghatghar Hydro Electric Project (250 MW) HYDRO POWER/ Koyna HEP - Stage
Slide 17: Major Projects under Execution
Major Project under execution PAN INDIA PRESENCE Kameng Hydro Electric Project (600 MW) Subansiri HEP – Arunachal Pradesh. HYDRO POWER / IRCON T2 & T15 (Railway Tunnel), J&K TUNNELLING Kiru HEP, J&K Luhri HE Project, Himachal Pradesh Arun HE Project, Nepal Gond Irrigation Project, Madhya
Slide 18: Technology Oriented
Technology oriented Micro-tunneling Micro-tunneling is the only non invasive solution for urban areas We are one of the worlds largest Micro-tunneling Contractor The technology is acquired through US Subsidiary, Westcon Double Lake Tap A unique technology for connecting water to powerhouse,
Slide 19: Our Major Achievements
Our Major Achievements World record holder for fastest conventional tunnelling World record holder for 10th fastest dam concreting – Ghatghar Dam Only Indian Company to have Commissioned 85 Dams More than 400 Km Tunnelling completed More than 2000 m shaft boring completed Largest surge s
Slide 20: Patel Engineering Ltd Promoter
PATEL ENGINEERING LTD Promoter A third generation entrepreneur, Mr. Rupen Patel, holds an MBA from Babson College, USA. He began his career as an Advisor to the Board of Patel Engineering Limited in 1993. Appointed as Executive Director in 1996, he was elevated to the position of Managing Director i
Slide 21: Few Landmark Projects That Set Us Apart
FEW LANDMARK PROJECTS THAT SET US APART
Slide 22: India's First RCC Dam
Ghatghar Dam, 84m high Maharashtra, India India’s First RCC Dam 10th fastest completed dam in the world
Slide 23: First Lake Tapping in Asia
Koyna Hydro Electric Project (260 MW) First Lake Maharashtra, India Tapping in Asia
Slide 24: Asia's Largest Surge Shaft
Asia's Rampur Hydro Electric Project (432 Mw) largest HIMACHAL PRADESH, INDIA Surge Shaft with 38m dia.
Slide 25: Srisailam HE Project (900 MW)
Srisailam HE Project (900 MW) Andhra Pradesh, India Largest Underground Cavern in Asia 25.7m (W) x 53m (H) x 236m (L)
Slide 26: Sawrakuddu Hydro Power Project (111 MW)
SAWRAKUDDU HYDRO POWER PROJECT (111 MW) HIMACHAL PRADESH, INDIA First Piano Key Weir in India