Slide 1: Investor Presentation | November 2023
“Persistent to create better tomorrow” Investor Presentation | November 2023
Slide 2: 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 3: Key Business Highlights H1 FY24
2,854 ` Crs 2,476 Crs Total Order Book External EPC Order Book Forming healthy Order Book of Higher contribution by 4.3x of FY23 EPC revenues Government projects H1 FY24: 84,821 Sq. ft. ~87% Govt. Project (%) Real Estate KEY BUSINESS HIGHLIGHTS Providing visibility of faster execution New Sales Book
Slide 4: Execution Momentum continues
Execution Momentum continues REVENUE FROM OPERATIONS (RS. CRS) In H1 FY24, strong execution continued across EPC Projects 251 48 200 183 176 34 All projects are operating at an optimum level, which 143 27 152 19 enabled faster project execution and resulted in better 7 6 revenue generation 203 156 1
Slide 5: Debt position as on 30th September 2023
Debt position as on 30th September 2023 Particular (Rs. in Crs) Sept-23 Mar-23 Mar-22 Mar-21 Mar-20 Vascon Engineers SBI / UBI / CSB 57.44 58.81 57.32 58.76 66.48 Kotak RE Fund - - 23.35 70.69 103.83 JM Finance - - 24.09 24.74 17.62 Aditya Birla Capital 58.51 37.03 - - - Prachay Capital 18.61 14.04
Slide 6: 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 7: P&L Highlights- H1 FY24
P&L Highlights- H1 FY 24 Standalone Consolidated Particulars (Rs. Crs) Q2 FY24 Q2 FY23 H1 FY24 H1 FY 23 Q2 FY24 Q2 FY23 H1 FY24 H1 FY 23 Revenue 175.20 179.99 323.95 321.42 233.09 232.81 437.67 434.50 Other Income 1.24 2.61 4.32 4.24 2.29 2.50 6.24 4.22 Total Income 176.44 182.60 328.27 325.66 235.3
Slide 8: Balance Sheet – Consolidated
Balance Sheet – Consolidated Rs. in Crs Sep – 23 Mar – 23 Rs. in Crs Sep – 23 Mar – 23 Non-Current Assets 399.22 375.75 Shareholder’s Fund 952.57 924.36 Fixed Assets 123.88 116.88 Share Capital 217.32 217.32 Financial Assets 217.32 212.51 Other Equity 722.35 694.45 Other Non-Current Assets, Income T
Slide 9: H1 FY24- Segmental Profit & Loss - after allocation
H1 FY24- Segmental Profit & Loss - after allocation Inventorised / Particulars (Rs. Cr) RE# EPC## GMP Total Unallocable Revenue 78.33 310.15 113.72 502.20 Cost of Sales 43.07 268.27 77.31 2.18 390.83 Gross Profit 35.26 41.88 36.41 111.37 Gross Profit Margin % 45% 14% 32% 22% Other Income 1.57 2.90 2
Slide 10: Business Overview
VASCON BUSINESS OVERVIEW
Slide 11: 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 12: 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 13: Marquee Clients
Marquee Clients MAINTAINING CONSISTENT QUALITY STANDARDS ENSURING REPEAT ORDERS 13
Slide 14: Order Book Build-Up & Key Orders
Order Book Build-Up & Key Orders Amt Project Location (Rs. Crs) (In Rs. Crs) External Order book 378 Medical College and Hospital, Suphal Suphal, Bihar 513 Pune Police Staff Quarters Pune 324 Medical College and Upgradation of District Hospital Koderma, Jharkhand 299 at Koderma 90 Medical College at
Slide 15: Glimpses of EPC Completed Projects
GLIMPSES OF EPC COMPLETED PROJECTS 15
Slide 16: EPC : Completed Projects
EPC : Completed Projects RAJ BHAVAN – CHIEF MINISTER HOUSE RAIPUR PMAY - PUNE ADAMPUR AIRPORT 16
Slide 17: Glimpses of EPC Ongoing Projects
GLIMPSES OF EPC ONGOING PROJECTS 17
Slide 18: EPC : On-Going Projects (1/2)
EPC : On-Going Projects (1/2) BMRCL (METRO SHED) - BANGALORE BMRCL (METRO SHED) - BANGALORE BIJNOR (UP) MEDICAL COLLEGE & HOSPITAL KAUSHAMBI (UP) MEDICAL COLLEGE & HOSPITAL 18
Slide 19: EPC : On-Going Projects (2/2)
EPC : On-Going Projects (2/2) MUMBAI POLICE HOUSING 19
Slide 20: Real Estate Development
Zz 0 o re > REAL ESTATE DEVELOPMENT
Slide 21: 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 22: Successfully launched Real estate projects
Successfully launched Real estate projects Vascon Dev. Area Projects Launch Status Real Estate Sales (Rs. Crs) Share (msft) Forest Edge - A 50% 0.08 18-Jan Fully Sold 120 118 Forest Edge - B 50% 0.08 19-Sep Fully Sold Windermere # 45% 0.39 18-Mar 83% Sold Windermere Bunglow 100% 0.012 20-May 100% So
Slide 23: 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 0.16 109 109 55 55 55 For
Slide 24: 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 JV Residential 0.16 335 0.06 118 2 4 Acre HDH-Ajanta JV Residential 0.6 460
Slide 25: 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 25
Slide 26: Glimpses of RE Completed Projects
GLIMPSES OF RE COMPLETED PROJECTS
Slide 27: Real Estate : Completed Projects (1/3)
Real Estate : Completed Projects (1/3) WINDERMERE, PUNE WINDERMERE, PUNE WINDERMERE, PUNE 27
Slide 28: Real Estate : Completed Projects (2/3)
Real Estate : Completed Projects (2/3) GRAND ENTRANCE LOBBY - WINDERMERE, PUNE FOREST COUNTY, PUNE 28
Slide 29: Real Estate : Completed Projects (3/3)
Real Estate : Completed Projects (3/3) FOREST EDGE, PUNE CRECHE, FOREST EDGE, PUNE PLATINUM SQUARE, PUNE 29
Slide 30: Glimpses of RE Ongoing Projects – Architect Impression
GLIMPSES OF RE ONGOING PROJECTS – ARCHITECT IMPRESSION
Slide 31: Real Estate : On-Going Projects
Real Estate : On-Going Projects TULIPS PHASE 3 – COIMBATORE TOWER OF ASCEND - KHARADI 31
Slide 32: Glimpses of RE Upcoming Projects – Artistic Impression
GLIMPSES OF RE UPCOMING PROJECTS – ARTISTIC IMPRESSION
Slide 33: Real Estate : Upcoming Projects
Real Estate : Upcoming Projects OMSAINATH SOCIETY SANTACRUZ - MUMBAI POWAI - MUMBAI 33
Slide 34: Towards Newer, Bigger Milestones
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