Slide 1: Exchange filing cover letter for results presentation
________________________________________________________________________________________ An ISO 9001 Company May 20, 2023 National Stock Exchange of India Limited BSE Limited, Exchange Plaza, Plot No. C/1, G Block, Floor 25, P J Towers, Bandra Kurla Complex, Dalal Street, Bandra (E), Mumbai – 400 05
Slide 2: VA Tech Wabag Results Update Presentation FY 2022-23
VA TECH WABAG LTD Results Update Presentation FY 2022-23 1Cleaner Solutions for a Greener World Cleaner Solutions for a Greener World
Slide 3: 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 4: Index
Index 01 Our Business 02 Performance 03 Order Book Analysis 04 Awards and Reference Projects 3 Cleaner Solutions for a Greener World
Slide 5: Our Business
48 MLD Bhubaneshwar, STP, India Our Business Core Offerings Global Leadership 4 Cleaner Solutions for a Greener World
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 Vienna and Focus on ‘Advanced technology, Va
Slide 7: Wabag is a leader in the Water space
Wabag is a leader in the Water space . . . With complete portfolio of Water Solutions . . . through various business/ delivery models with technological and operational expertise . . Recycle and Reuse Drinking Water Treatment Engineering, Procurement & Construction (EPC) O&M Design water treatment M
Slide 8: Globally Recognized Water Leader
Globally Recognized Water Leader WABAG ranked 3rd Globally by Global Water WABAG recognized amongst the Global Top 10 Intelligence (‘GWI’), United Kingdom for desalination players. ensuring safe and clean drinking water and Ranked 6th globally in the recently published healthy environment for over 8
Slide 9: Performance
HMEL ETP, Bhathinda , India Performance Highlights Key Performance Metrics Profit & Loss Statement Balance Sheet Cash Flow 8 Cleaner Solutions for a Greener World
Slide 10: Business Highlights – FY 23
Business Highlights – FY 23 Wabag continues its “ Profitable Growth ” journey….. Consolidated Total Income of Rs. 30 Billion Consolidated EBITDA (before exceptional items) of Rs. 3.5 Billion YoY up by ~43% Consolidated PAT (before exceptional items) of Rs. 2.3 Billion; YoY up by ~74% Order book at o
Slide 11: Landmark Desalination Order – 400 MLD SWRO Perur
Landmark Desalination Order – 400 MLD SWRO Perur Largest Order in the History of Wabag; JICA Funded Project Largest Desalination Plant in South East Asia Project makes Chennai the Desalination Capital of India; almost 750 MLD of Desalinated water to be produced. With the 400 MLD SWRO plant, Wabag wi
Slide 12: Major Order – 200 MLD STP Pagla, Bangladesh
Major Order – 200 MLD STP Pagla, Bangladesh Breakthrough order from the new geography - Bangladesh Funded by World Bank & AIIB Bank under Dhaka Sanitation Improvement Project (DSIP) Won this contract in Public tender against strong international competition New anaerobic sludge treatment technology
Slide 13: Highlights – FY 23
Highlights – FY 23 Order book remains robust…. Order Book of over Rs. 132.2 Bn including Framework Orders Order Intake of ~Rs. 68 Bn Sustaining Profitable Growth…. Q4 FY 23: Consolidated Revenue at Rs. 9.3 Bn Consolidated EBITDA* at Rs. 1.1 Bn; Consolidated PAT* at Rs. 710 Mn; FY 23: Consolidated Re
Slide 14: Group continues on Net Cash Positive path
Group continues of Net Cash Positive path… Third consecutive year of Group “NET CASH” turnaround (519) 437 96 1,007 (1,821) (2,916) (4,327) Mar'17 Mar'18 Mar'19 Mar'20 Mar'21 Mar'22 Mar'23 In Rs. Millions 13 Cleaner Solutions for a Greener World
Slide 15: Key Performance Metrics – FY 23
Key Performance Metrics – FY 23 RoCE EBITDA* PAT* WC 18.5% 12.0% 7.7% 78 Days Driven by Asset Light Driven by EP, Driven by debt control Business Model International, Driven by efficiencies & improving operating Industrial & in business operations margins Technology Projects Strong Business paramete
Slide 16: Exceptional Items: No more Overhang of GENCO receivables
Exceptional Items : No more Overhang of GENCO receivables Receivables and other current assets pertaining to GENCO projects written off to the tune of Rs. 2,892 Million Write off due to Prolonged delays driven by external factors like delay in conclusion of legal cases, State split and Project e
Slide 17: Results Overview – Consolidated Profit and Loss
RESULTS OVERVIEW – Consolidated Profit and Loss Q4 Q4 Rs. Millions Flat topline driven by FY 23 FY 22 YOY % FY 23 FY 22 YOY % Total Income 9,345 9,015 3.7% 30,141 30,117 0.1% higher EP project mix and Revenue from operations 9,269 8,919 3.9% 29,605 29,793 (0.6%) muted Europe growth in Cost of Sales
Slide 18: Results Overview – Standalone Profit and Loss
RESULTS OVERVIEW – Standalone Profit and Loss Q4 Q4 Rs. Millions FY23 FY 22 YOY % FY23 FY 22 YOY % Total Income 7,509 6,655 12.8% 23,859 21,709 9.9% Revenue from Operations 7,486 6,531 14.6% 23,253 21,426 8.5% Revenue growth driven by Cost of Sales 5,356 5,093 5.2% 17,856 16,994 5.1% New projects wh
Slide 19: Results Overview – Balance sheet
RESULTS OVERVIEW – Balance sheet Consolidated Standalone Rs. Millions Mar’23 Mar’22 Mar’23 Mar’22 Total Equity (Net Worth) 15,746 15,259 12,615 12,603 Non-Current Liabilities 2,136 3,071 1,969 2,801 Trade Payables 10,697 9,853 8,695 7,764 Short Term Borrowings 1,582 3,349 1,582 3,251 Efficient execu
Slide 20: Results Overview – Cash Flow Statement
RESULTS OVERVIEW – Cash Flow Statement FY 23 Rs. Millions Focus on project execution Consolidated Standalone ensured Positive Group operational cash-flow of Rs. 850 Million and Free Cash Net cash generated from operations 850 2,183 Flow of Rs. 861 Million Turnaround from Net Debt to Net cash generat
Slide 21: Order Book Analysis
NMDC ZLD Plant, India Order Book Analysis Revenue Order Intake Order Book 20 Cleaner Solutions for a Greener World
Slide 22: Revenue Breakup – FY 23
Revenue Breakup – FY 23 By Business Offering & Customer Segment By Geography EPC O&M 13% Rs. Millions Municipal Industrial Total Rs. Millions Total EPC 16,814 8,737 25,551 India 15,149 87% O&M 3,346 566 3,912 Rest of the World (RoW) 14,314 Municipal Industrial Total 20,160 9,303 29,463 32% Total 29,
Slide 23: Order Intake Breakup
Order Intake Breakup By Business Offering & Customer Segment EPC O&M By Geography 29% Rs. Millions Municipal Industrial Total Rs. Millions Total 71% EPC 41,783 6,773 48,556 India 45,402 O&M 16,976 2,909 19,885 Rest of the World (RoW) 23,039 Municipal Industrial 14% Total 58,759 9,682 68,441 Total 68
Slide 24: Order Book Composition
Order Book Composition By Geography EPC O&M By Business Offering & Customer Segment Rs. Millions Municipal Industrial Total Rs. Millions Total 39% EPC 61,946 11,595 73,541 India 76,919 61% Rest of the World O&M 42,298 4,715 47,013 43,635 (RoW) Municipal Industrial Framework 11,638 Framework 11,638 1
Slide 25: Order Book of Rs. 120 Bn & Framework Contracts of Rs. 12 Bn
Order Book of Rs. 120 Bn & Framework Contracts of Rs. 12 Bn Key Contracts in Orderbook Key Framework Contracts * Project Details Amt [Rs. Mn] Libya STP of Rs. 6,114 Mn 400 MLD Perur, Chennai – Desal 36,763 Bomba MED, Libya of Rs. 5,524 Mn UPJN, O&M of Agra & Ghaziabad 13,429 AGCC, Russia – Integrate
Slide 26: Awards and Accolades
Jazan STP, Kingdom of Saudi Arabia Awards and Accolades 25 Cleaner Solutions for a Greener World
Slide 27: Global Recognition to our Journey of Excellence
Global Recognition to our Journey of Excellence Water Digest Water Awards 2022-23 Energy Globe Award Best Water Treatment Solution Provider: Conferred with the “Best National Winner: Conferred with the prestigious Energy Water Treatment Solution Provider” at the Water Digest Water Globe Award 2022 f
Slide 28: Global Recognition to our Journey of Excellence
Global Recognition to our Journey of Excellence Construction Times Awards 2023 CII - EHS Excellence Awards 2022 Desalination Project of the Year: Won “Desalination Project of Received two Bronze Awards for 140 MLD Dinapur STP, the Year” award at Construction Times Awards 2023 for 30 MLD Varanasi and
Slide 29: Global Recognition to our Journey of Excellence
Global Recognition to our Journey of Excellence The Economic Times Infra Focus Awards 2022 IWA Fellow Community Wabag has been conferred with “Emerging Infrastructure Mr Rajiv Mittal (Chairman & MD - VA Tech WABAG) has Company in the Water Infrastructure Sector” at The been conferred IWA Fellow for
Slide 30: Global Recognition to our Journey of Excellence
Global Recognition to our Journey of Excellence Global Asian of the Year 2021-22 Water Digest Water Awards Mr Rajiv Mittal (Chairman & MD - VA Tech WABAG) has been WABAG was conferred with “Desalination Project of the Year” for recognized as “Global Asian of the Year 2021-22” by Asia One our 30 MLD
Slide 31: For further information, please contact
For further information, please contact Company Investor Relations Advisors VA Tech Wabag Ltd. Stellar IR Advisors Pvt. Ltd. CIN - L45205TN1995PLC030231 CIN - U74900MH2014PTC259212 Mr. Skandaprasad Seetharaman, Mr. Gaurang Vasani, Chief Financial Officer Managing Director investors@wabag.in vgaurang
Slide 32: Annexures
Aadorf WWTP, Switzerland Annexures 31 Cleaner Solutions for a Greener World
Slide 33: 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 34: 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 35: 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 34 Cleaner Solutions for a Greener World
Slide 36: 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 Resolving SEWER NETWORK issues promptly and ensuring Ghaziabad customer satisfaction 462 MLD Sewage Treatment at Ensuring functioning of the PUMPING STATIONS efficien
Slide 37: 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 36 Cleaner Solutions for a Greener World
Slide 38: Aligning with Sustainable Development Goals
Aligning with Sustainable Development Goals Reshaping the Sector for a Greener Tomorrow Our Path To Net Water Neutral Waste To Resource Circular Economy Zero Energy Recovery Reducing GHG Effective usage of Generating green Generating valuable Contributing to emissions through our Recycled Water ener
Slide 39: Corporate Social Responsibility
Corporate Social Responsibility 6,000+ 3,500+ 5,000+ 22 CSR Projects benefiting Farmers School Kids & teachers Urban Poor CSR Focus on Water, Sanitation & Skill Development 38 Cleaner Solutions for a Greener World
Slide 40: Thank You !
Thank You ! 39 Cleaner Solutions for a Greener World