Slide 1: Exchange cover letter: Presentation Update
February 07, 2024 To, To, National Stock Exchange of India Limited BSE Limited Listing Department, The Department of Corporate Services Exchange Plaza, Phiroze Jeejeebhoy Towers, Dalal Street, Bandra (E), Mumbai – 400 051 Fort, Mumbai 400 001 Ref Symbol: VASCONEQ Ref: Scrip Code: 533156 Subject: Pre
Slide 2: Investor Presentation | February 2024
“Persistent to create better tomorrow” Investor Presentation | February 2024
Slide 3: 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 4: Key Business Highlights
3,613 Crs 3,064 Crs Total Order Book External EPC Order Book Forming healthy Order Book of Higher contribution by 5.4x of FY23 EPC revenues Government projects 9M FY24: ~78% 104,814 Sq. ft. Govt. Project (%) Real Estate KEY BUSINESS HIGHLIGHTS Providing visibility of faster execution New Sales Booki
Slide 5: Execution Momentum continues
Execution Momentum continues REVENUE FROM OPERATIONS (IN RS. CRS) In 9M FY24, strong execution continued across EPC Projects 251 200 48 206 183 20 34 176 All projects are operating at an optimum level, which 27 19 152 enabled faster project execution and resulted in better 7 revenue generation 203 1
Slide 6: Debt position as on 31st December 2023
Debt position as on 31st December 2023 Particular (in Rs. Crs) Dec-23 Mar-23 Mar-22 Mar-21 Mar-20 Vascon Engineers SBI / UBI / CSB 55.48 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 54.15 37.03 - - - Prachay Capital 1.89 14.04 - -
Slide 7: 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 3.5x from FY19, Order Book to enhance Profitability thereby, inc
Slide 8: P&L Highlights - 9M FY24
P&L Highlights- 9M FY 24 Standalone Consolidated Particulars (Rs. Crs) Q3 FY24 Q3 FY23 9M FY24 9M FY 23 Q3 FY24 Q3 FY23 9M FY24 9M FY 23 Revenue 204.79 198.44 528.74 519.86 279.81 253.81 717.48 688.31 Other Income 1.59 1.98 5.91 6.22 1.81 2.09 8.05 6.31 Total Income 206.38 200.42 534.65 526.08 281.6
Slide 9: 9M FY24 - Segmental Profit & Loss - after allocation
9M FY24- Segmental Profit & Loss - after allocation Inventorised / Particulars (Rs. Cr) RE# EPC## GMP Total Unallocable Revenue 106.31 508.87 187.42 802.60 Cost of Sales 64.91 435.95 128.34 4.49 633.69 Gross Profit 41.40 72.92 59.08 168.91 Gross Profit Margin % 39% 14% 32% 21% Other Income 2.21 4.13
Slide 10: Business Overview
Zz 0 Oo Re > 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 12
Slide 14: Order Book Build-Up & Key Orders
Order Book Build-Up & Key Orders Amt (Rs. Project Location Crs) (In Rs. Crs) External Order book Medical Colleges at Suphal Suphal 508 549 Capgemini, IT Park Chennai 416 Hospital Building at Moshi, Pimpri Chinchwad Pune 357 Pune Police Staff Quarters Pune 321 Medical College and Upgradation of Distr
Slide 15: Glimpses of EPC Completed Projects
GLIMPSES OF EPC COMPLETED PROJECTS
Slide 16: EPC: Completed Projects
EPC : Completed Projects RAJ BHAVAN – CHIEF MINISTER HOUSE RAIPUR PMAY - PUNE ADAMPUR AIRPORT 15
Slide 17: Glimpses of EPC Ongoing Projects
GLIMPSES OF EPC ONGOING PROJECTS
Slide 18: EPC: On-Going Projects (1/2)
EPC : On-Going Projects (1/2) BMRCL (METRO SHED) - BANGALORE VEDANTA - BARMER BIJNOR (UP) MEDICAL COLLEGE & HOSPITAL KAUSHAMBI (UP) MEDICAL COLLEGE & HOSPITAL 17
Slide 19: EPC: On-Going Projects (2/2)
EPC : On-Going Projects (2/2) MUMBAI POLICE HOUSING JILA KARAGAR, AMETHI 18
Slide 20: Real Estate Development
% VASCON 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 Total Saleable Vascon Projects Launch Status Real Estate Sales (in Rs. Crs) Area (msft) Share (msft) Forest Edge (A & B ) 0.16 0.08 19-Sep Fully Sold 120 118 Windermere Residential 0.39 0.17 18-Mar 95% Sold 97 Tulip Phase III 0.27 0.19 22- June 58% Sold Spr
Slide 23: Current Real Estate Projects Under Development
Current Real Estate Projects Under Development Total Area Vascon Share Vascon Project attributable Area Revenue Project Name Location Area to Vascon Sale Collection Sold Recognised Type Share msft msft msft (in Rs. Cr) (in Rs. Cr) (in Rs. Cr) Forest Edge (A&B) Pune JV 50% 0.16 0.08 0.08 55 55 55 For
Slide 24: Real Estate Projects – Pipeline (launches in Near-term)
Real Estate Projects – Pipeline (launches in Near-term) Total Vascon Share Sr. Saleable Expected Saleable Expected Projects Type Segment No. Area Sales Value Area Sales Value msft (in Rs. Cr) msft (in Rs. Cr) 1 Powai, Mumbai JV Residential 0.20 364 0.07 127 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 (in Rs. Cr) 1 Kalyani Nagar - Comm JDA Commercial 0.3 330 2 Kalyani Nagar JDA Residential 0.5 550 Total 0.8 880 24
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 26
Slide 28: Real Estate: Completed Projects (2/3)
Real Estate : Completed Projects (2/3) GRAND ENTRANCE LOBBY - WINDERMERE, PUNE FOREST COUNTY, PUNE 27
Slide 29: Real Estate: Completed Projects (3/3)
Real Estate : Completed Projects (3/3) FOREST EDGE, PUNE CRECHE, FOREST EDGE, PUNE PLATINUM SQUARE, PUNE 28
Slide 30: Glimpses of RE Ongoing Projects
GLIMPSES OF RE ONGOING PROJECTS
Slide 31: Real Estate: On-Going Projects
Real Estate : On-Going Projects TULIPS PHASE 3 – COIMBATORE TOWER OF ASCEND - KHARADI 30
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 32
Slide 34: Focus on Liquidity Management
Focus on Liquidity Management REMAINING NON-CORE ASSETS IDENTIFIED FOR SALE • GMP TECHNICAL SOLUTIONS (85% SUBSIDIARY OF VASCON) CONTINUE FOCUS ON GENERATING CASH BY MONETIZING IDENTIFIED NON-CORE ASSETS 33
Slide 35: Towards Newer, Bigger Milestones – Let's Connect
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