Va Tech Wabag Limited · NSE:WABAG

Va Tech Wabag — Q4 FY2019 Earnings Presentation

20 slides from Va Tech Wabag's earnings presentation, May 21, 2019

  1. Slide 1: Covering letter to exchanges on audited results

    ti An ISO 9001 Company 21st May 2019 National Stock Exchange of India Limited BSE Limited, Exchange Plaza, Plot No. C/1, G Block, Floor 25, P J Towers, Bandra Kuria Complex, Dalai Street, Bandra (E), Mumbai — 400 001 Mumbai — 400 051 NSE Symbol: WABAG / BSE Scrip Code: 533269 Dear Sir / Madam, Sub:

  2. Slide 2: Result Update Presentation Q4 & FY19

    VA TECH WABAG LTD. RESULT UPDATE PRESENTATION Q4 & FY 19

  3. 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 secu

  4. Slide 4: Index

    Index 1 Key Highlights FY 19 2 Quarterly Performance 3 Order Book Analysis 3 Water +ve

  5. Slide 5: Business Overview

    Business Overview Refinery and Petrochemical Integrated Development Project (RAPID), Pengerang, Johor, Malaysia 4

  6. Slide 6: Key Highlights FY19

    Key Highlights FY 19 5 Water +ve

  7. Slide 7: Key Highlights FY19

    Key Highlights FY 19  Consolidated Revenue at INR 27.8 Bn  Consolidated PAT at INR 1,050 Mio  Order Intake of over INR 48 Bn  Order Book over INR 92 Bn including framework orders Dinapur Sewage Treatment Plant, Varanasi, UP, India 6 Water +ve

  8. Slide 8: Quarterly Performance

    Quarterly Performance 7 Water +ve

  9. Slide 9: Results Overview – Consolidated Profit and Loss

    RESULTS OVERVIEW – Consolidated Profit and Loss Rs. Millions Q4 FY 19 Q4 FY 18 YOY % FY 19 FY 18 YOY % Revenue from • Key contributors of 6,793 10,374 (34.5%) 27,810 34,572 (19.6%) operations revenue and Cost of Sales 5,027 8,125 (38.1%) 21,213 27,336 (22.4%) margins in FY18 Total Cost of (AMAS & RA

  10. Slide 10: Results Overview – Standalone Profit and Loss

    RESULTS OVERVIEW – Standalone Profit and Loss Rs. Millions Q4 FY 19 Q4 FY 18 YOY % FY 19 FY 18 YOY % • Revenue de-growth Revenue from 4,354 5,346 (18.5%) 17,481 18,563 (5.8%) driven by delay in Operations realization and Cost of Sales 3,014 4,175 (27.8%) 13,001 14,361 (9.5%) consequent startup Total

  11. Slide 11: Results Overview – Balance Sheet

    RESULTS OVERVIEW – Balance Sheet Consolidated Standalone Rs. Millions Mar’19 Mar ’18 Mar’19 Mar ’18 Total Equity (Net Worth) 10,856 11,624 9,167 9,169 Non-Current Liabilities 2,732 2,732 2,135 1,995 Trade Payables 15,914 14,899 11,145 9,255 Short Term Borrowings 4,841 4,274 3,410 2,763 Other Current

  12. Slide 12: Results Overview – Working Capital Highlights

    RESULTS OVERVIEW – Working Capital Highlights Rs. Millions Mar’19 Sep’18 Mar ’18 Inventories 153 395 382 Trade Receivables 13,510 14,626 13,028 Loans and Advances 446 414 348 Other Current Assets 14,997 16,461 14,587 Total Current Assets (A) 29,106 31,896 28,345 Trade Payables 15,914 16,213 14,899 O

  13. Slide 13: Revenue Breakup – FY19

    Revenue Breakup – FY 19 EPC O&M Rs. Millions EPC O&M Total 13% Municipal Industrial Municipal Industrial Wabag India 7,919 7,267 1,337 338 16,861 87% Wabag Overseas 3,973 4,527 1,307 563 10,370 Municipal Industrial Total 11,892 11,794 2,644 901 27,231 47% 53% EPC [Rs. Bn.] O&M [Rs. Bn.] India Europe

  14. Slide 14: Key Projects Contributing to Revenue – FY19

    Key Projects Contributing to Revenue – FY 19 Revenue recognized Project Details [Rs. Mn]  Desal & STP Order, Saudi Arabia 3,193  Dangote, Nigeria - ETP & RWTP 2,403  Petronas RAPID, Malaysia – ETP 2,383  HMEL, Bathinda – ETP 1,307  Polghawela, Sri Lanka – WTP 1,194  Koyambedu, Chennai – TTP 1,

  15. Slide 15: Order Book Analysis

    Order Book Analysis 14 Water +ve

  16. Slide 16: Order Intake Breakup

    Order Intake Breakup EPC O&M Rs. Millions EPC O&M Total 10% Municipal Industrial Municipal Industrial Wabag India 21,355 10,541 1,409 1,357 34,662 90% Wabag Overseas 9,409 2,738 1,364 612 14,123 Municipal Industrial 31% Total 30,764 13,279 2,773 1,969 48,785 69% Order Value Key Orders Received (Rs.

  17. Slide 17: WABAG's presence in Namami Gange States

    WABAG’s presence in Namami Gange States Image for representation purpose only; not to scale 16 Water +ve

  18. Slide 18: Order Book Composition

    Order Book Composition EPC O&M Rs. Millions EPC O&M Total 17% Municipal Industrial Municipal Industrial Wabag India 32,758 15,634 11,322 1,963 61,677 83% Wabag Overseas 19,858 3,023 996 369 24,246 Municipal Industrial Framework 24% 6,996 Contracts Total 52,616 18,657 12,318 2,332 92,919 76% # India

  19. Slide 19: Order Book and Framework Contracts; Guidance for FY20

    Order Book of Rs. 85.9 Bn & Framework Contracts of Rs. 6.9 Bn Key Contracts in Orderbook Key Framework Contracts * Project Details Amt [Rs. Mn]  Libya STP of Rs. 6,114 Mn  Expansion SWTP 9, Jubail, KSA – STP 7,886  Koye Fetche, Ethiopia of Rs. 882 Mn  KMDA, Howrah – STP 5,748  50 MLD Zarat, Tun

  20. Slide 20: 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. Gaurang Vasani, Managing Director investors@wabag.in vgaurang@stellar-ir.com www.wabag.com www.stellar-ir.com 1

VA Tech Wabag — Q4 FY2019 Earnings Presentation on 6ix