Slide 1: Results Update Presentation FY 2023-24
VA TECH WABAG LTD Results Update Presentation FY 2023-24 Protecting Environment. Powering Economy. 1
Slide 2: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by VA TECH WABAG 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 securi
Slide 3: 100 Years and counting
100 Years and counting……. 033 Protecting Environment. Powering Economy.
Slide 4: Index
Index 01 Our Business 02 Performance 03 Order Book Analysis 04 Awards and Accolades 044 Protecting Environment. Powering Economy.
Slide 5: Our Business
Our Business Our Business Core Offerings Core Offerings Global Leadership Global Leadership Business Metrics Business Metrics ESG ESG New Initiatives New Initiatives Protecting Environment. Powering Economy. 5
Slide 6: Complete Water Treatment Solution Provider
Complete Water Treatment Solution Provider TECHNOLOGY FOCUS EP SPECIALIST 125+ IP Rights developed in-house for Core expertise focused on Engineering and water treatment technology solutions Procurement; Civil activities outsourced Global R&D centres – in Europe and India Focus on ‘Advanced technolo
Slide 7: Wabag is a leader in the Water Space
Wabag is a leader in the Water Space . . . With complete portfolio of Water Solutions with technological and operational expertise . . . . . through various business/ delivery models Recycle and Drinking Water Reuse Treatment Engineering, Procurement & Construction (EPC) waste water treatment O&M De
Slide 8: Aligning with Sustainable Development Goals (SDG)
Aligning with Sustainable Development Goals (SDG) Reshaping the Sector for a Greener Tomorrow Our Path To Net Water Neutral Waste To Resource Circular Economy Zero Energy Recovery Reducing GHG emissions through our Effective usage of Generating green Generating valuable Contributing to sustainable s
Slide 9: ESG focus - Sustainable & Responsible Business Practices
ESG focus - Sustainable & Responsible Business Practices Environment Social Governance Providing Safe Potable Water Employing & Training 1500+ Water & Environment through our WTPs & Desalination Water Professionals across the Integrated in Strategic facilities globe Business Plan Ensuring Healthy Ec
Slide 10: New Initiatives
New Initiatives ACTIONS TAKEN FUTURE OPPORTUNITIES Biogas to CBG H2O to Green H2 Strategic tie up with ‘Peak Sustainability Ventures’ Global leader in clean water production, the key to establish 100 CBG plants raw material to produce the Green Fuel of the Business potential of ~200 Mn USD; in discu
Slide 11: New Initiative - BLUE SEED
New Initiative - BLUE SEED WABAG’s Initiative to Foster Innovation & Support Emerging Start-ups in the Water Sector MISSION STATEMENT -- To invest in, nurture, and empower Waterpreneurs, driving impactful solutions for a sustainable & dynamic water future Capital Support Direct Access to Live Indust
Slide 12: Performance Metrics and Business Highlights
Total Resource Recovery Performance Business Highlights AwardsMetrics Key Performance and Management Commentary Accolades CBG Profit & Loss Statement Balance Sheet Cash Flow Green Hydrogen 12 Business Strategy Protecting Environment. Powering Economy.
Slide 13: Business Highlights – FY 24
Business Highlights – FY 24 Wabag continues “Profitable Growth” journey…. Q4 FY 24: Consolidated Revenue at Rs. 9,342 Mn Consolidated EBITDA at Rs. 1,155 Mn (12.4%) Consolidated PAT at Rs. 724 Mn; YoY growth of ~5%* FY 24: Consolidated Revenue at Rs. 28,564 Mn Consolidated EBITDA up at Rs. 3,768 Mn
Slide 14: Key Performance Metrics – FY24
Key Performance Metrics – FY 24 EBITDA >13% PAT ~9% Driven by EP, International, Industrial & Driven by debt control & improved Technology Projects operating margins Net Cash Rs. 2,356 Mn FCF 1,683 Mn ROCE ~19% Driven by efficient Debt and Cash Driven by Asset Light Business Model Management Strong
Slide 15: Management Commentary – Profit & Loss Statement
Management Commentary – Profit & Loss Statement New projects in Chennai and Bangladesh commencing, drives the revenue generation along with speedy execution in SIBUR, Senegal and other projects EBITDA margins showed continued improvement driven by execution efficiencies, mix of EP projects in line w
Slide 16: Management Commentary – Balance Sheet & Cash Flow
Management Commentary – Balance Sheet & Cash Flow Group continues on the path of “Net Cash Positive”; Group continues to remain Net Cash Positive for 4th Year in a row; Debt levels continues to remain under control through focused actions on debt and cash management Group generated positive Operatio
Slide 17: Results Overview – Consolidated Profit and Loss
RESULTS OVERVIEW – Consolidated Profit and Loss Q4 Q4 Rs. Millions YOY % FY24 FY23* YOY % FY24 FY23* Revenue from operations 9,342 8,872 28,564 27,909 Cost of Sales 7,252 6,749 21,667 21,527 Total Cost of Operations (TCO) 838 981 3,140 3,258 Forex Loss/(Gain) 97 89 (11) (367) EBITDA 1,155 1,053 9.7%
Slide 18: Results Overview – Standalone Profit and Loss
RESULTS OVERVIEW – Standalone Profit and Loss Q4 Q4 Rs. Millions YOY % FY24 FY23 YOY % FY24 FY23 Revenue from operations 7,719 7,486 25,097 23,253 Cost of Sales 6,101 5,356 19,294 17,856 Total Cost of Operations (TCO) 501 835 2,319 2,448 Forex Loss/(Gain) 29 - (94) (522) EBITDA 1,088 1,295 (16.0%) 3
Slide 19: Results Overview – Balance Sheet
RESULTS OVERVIEW – Balance Sheet Consolidated Standalone Rs. Millions Mar’24 Mar’23 Mar’24 Mar’23 Total Equity (Net Worth) 18,239 15,746 14,962 12,615 Non-Current Payables 1,283 1,332 1,329 1,400 Trade Payables 10,283 10,697 8,866 8,695 Borrowings 2,806 2,132 1,642 2,030 Other Non-Current Liabilitie
Slide 20: Results Overview – Cash Flow Statement
RESULTS OVERVIEW – Cash Flow Statement FY 24 FY 23 Rs. Millions Consolidated Standalone Consolidated Standalone Net cash generated from/(used in) 1,335 2,650 849 2,182 operations Net cash generated from/(used) in 841 (44) 158 (494) investing activities Net cash generated from financing 436 (569) (2,
Slide 21: Business Strategy
Business Strategy Agile Improved Focus on Remain Asset Global Go To Market EP, Industrial O&M Delivery Light through Teams & Business Centres developing Advanced Partnerships Technology Jobs International Focus with Financial for a competence jobs to improve for better cash-flow, (Capital Projects),
Slide 22: Business in Transformation post Wriddhi
Strategy Business inTransformation Action post “Wriddhi” ~30% Industrial International ~40% (4 years average) (% of Revenue) (% of Revenue) (4 years average) >1/3 of EPC EP O&M ~15% (% of Revenue) (% of Revenue) (4 years average) 12.3% to ~19% ROCE ROE 7.9% to ~15% FY 2021 FY 2024 FY 2021 FY 2024 7.
Slide 23: Strategy Medium Term Outlook
Strategy Medium in Action Term Outlook ROE Net Cash >15% Positive O&M at 20% of ROCE Total EBITDA >20% Revenues Revenues 13 - 15 % Asset Light Order Book 15 - 20 % CAGR 3X of Revenue 2323 Protecting Environment. Powering Economy.
Slide 24: Order Book Analysis
OrderAnalysis Order Book Book Analysis Revenue Revenue Order Intake Order Intake Order BookOrder Book Protecting Environment. Powering Economy. 24
Slide 25: Revenue Breakup – FY 24
Revenue Breakup – FY 24 By Business Offering & Customer Segment By Geography EPC O&M Rs. Millions Total 83% Rs. Millions Municipal Industrial Total 17% EPC 14,031 9,573 23,604 India 14,876 O&M 3,935 731 4,666 Rest of the World (RoW) 13,394 Municipal Industrial Total 17,966 10,304 28,270 Total 28,270
Slide 26: Order Intake Breakup – FY 24
Order Intake Breakup – FY 24 By Business Offering & Customer Segment By Geography EPC O&M Rs. Millions Municipal Industrial Total Rs. Millions Total 81% 19% EPC 13,581 5,351 18,932 India 7,689 O&M 4,116 386 4,502 Rest of the World (RoW) 15,745 Municipal Industrial Total 17,697 5,737 23,434 Total 23,
Slide 27: Order Book Composition
Order Book Composition By Business Offering & Customer Segment By Geography EPC O&M Rs. Millions Municipal Industrial Total Rs. Millions Total 56% 44% EPC 50,106 7,767 57,874 India 68,639 Rest of the World O&M 41,770 3,166 44,937 34,171 (RoW) Municipal Industrial Framework 11,673 Framework 11,673 To
Slide 28: Order Book of Rs. 103 Bn & Framework Contracts of Rs. 12 Bn
Order Book of Rs. 103 Bn & Framework Contracts of Rs. 12 Bn Key Contracts in Orderbook Key Framework Contracts * Amt Libya STP of Rs. 6,114 Mn Project Details [Rs. Mn] Bomba MED, Libya of Rs. 5,524 Mn 400 MLD Perur, Chennai – Desal* 33,295 UPJN, O&M of Agra & Ghaziabad - OCOO 11,693 150 MLD Digha &
Slide 29: Awards and Accolades
AwardsPerformance and Accolades Business Highlights Profit & Loss Statement Protecting Environment. Powering Economy. 29
Slide 30: Global Recognition to our Journey of Excellence
Global Recognition to our Journey of Excellence GLOBAL WATER AWARD 2024 WABAG's NMDC ZLD Plant in Chhattisgarh, India Wins 'Industrial Project of the Year' Distinction Award (London, on April 17, 2024) CII-SR EHS Excellence Awards 2023 • WABAG’s Digha STP in Patna, Bihar, won "Sector Topper in Water
Slide 31: Global Recognition to our Journey of Excellence
Global Recognition to our Journey of Excellence Infra Focus Awards 2023, presented by the Times Group Recognized as the 'Most Admired Company in the Water Infrastructure Sector' CII SR Industrial Water and Waste Management Competition 2023 - 3rd Edition Southern Region • Nemmeli Desalination Plant w
Slide 32: For further information, please contact
For further information, please contact Company Investor Relations Advisors VA Tech Wabag Ltd. Adfactors PR Pvt. Ltd. CIN - L45205TN1995PLC030231 CIN - U74140MH1997PTC110210 Mr. Skandaprasad Seetharaman, Ms. Savli Mangle, Chief Financial Officer Vice President investors@wabag.in savli.mangle@adfacto
Slide 33: Annexures
Annexures Protecting Environment. Powering Economy. 33
Slide 34: Increasing contribution in cleaning the Holy River
Increasing contribution in cleaning the Holy River Committed to managing over 195 crore liters each day to rejuvenate Aviralta & Nirmalta of River Ganga 3434 Protecting Environment. Powering Economy.
Slide 35: Pioneering the One City One Operator Model
Pioneering the One City One Operator Model Ensuring sustainable and healthy Environment for the citizens of Agra and Ghaziabad, India Ghaziabad 462 MLD Sewage Treatment at Resolving SEWER NETWORK issues promptly and 15 STPs & 15 Pumping Stations ensuring customer satisfaction Ensuring functioning of
Slide 36: Our Key clients
Our Key clients… Municipal Industrial Funding Agencies Serving clients in…. Municipal Water & Waste Water Oil & Gas Power plants Steel Food & Beverages Fertilizer Industrial parks 3636 Protecting Environment. Powering Economy.
Slide 37: Proven technology and project execution capabilities
Proven technology and project execution capabilities (Select Landmark Projects) Al Madina Al Shamaliya 40 MLD Sewage 102 MLD Industrial Effluent Treatment Plant for Treatment Plant, Bahrain PETRONAS, Malaysia Awarded Wastewater Project of the Year at Global Largest industrial Effluent Treatment Plan
Slide 38: Proven technology and project execution capabilities
Proven technology and project execution capabilities (Select Landmark Projects) 110 MLD Sewage Treatment Plant, Kodungaiyur, 130 MLD Drinking Water Treatment Plant, Chennai, India Tanzania One of the most energy efficient and energy First water project in Africa to be commissioned neutral STPs in th
Slide 39: Corporate Social Responsibility
Corporate Social Responsibility CSR Focus on Water, Sanitation & Skill Development 6,000+ 3,500+ School Kids 5,000+ CSR Projects benefiting Farmers Urban Poor & teachers 3939 Protecting Environment. Powering Economy.
Slide 40: Thank You
THANK YOU Protecting Environment. Powering Economy. 40