Vascon Engineers Limited · NSE:VASCONEQ
Vascon Engineers — Investor Presentation (January 2023)
22 slides from Vascon Engineers's investor presentation, Jan 30, 2023
Slide 1: Exchange filing cover letter: Presentation Update
January 30, 2023 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 Dear Sir/ Mad
Slide 2: Investor Presentation | January 2023
“Persistent to create better tomorrow” Investor Presentation | January 2023
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 9M FY23
1,625 Crs. 1,321 Crs Total Order Book External EPC Order Book Forming healthy Order Book Higher contribution by of 3.5x FY22 EPC revenues Government projects 9M FY23: ~74% ` 143,236 Sq.ft. Govt. Project (%) Real Estate KEY BUSINESS HIGHLIGHTS Providing visibility of faster execution New Sales Bookin
Slide 5: Execution Momentum pacing up…
Execution Momentum pacing up… REVENUE FROM OPERATIONS (RS. CRS) In Q3 FY23, strong execution continue across EPC Projects 200 183 166 34 27 153 143 21 6 All projects are operating at an optimum level, which enabled 59 faster project execution and resulted in better revenue generation 156 166 132 137
Slide 6: Debt position as on 31st December 2022
Debt position as on 31st December 2022 Particular (Rs. in Crs) Dec -22 Sept -22 Jun-22 Mar-22 Dec-21 Sep-21 Mar-21 Mar-20 Vascon Engineers SBI / UBI / CSB 67.73 68.71 58.96 57.32 68.72 75.35 58.76 66.48 Kotak RE Fund - 10.63 10.63 23.35 23.35 54.89 70.69 103.83 JM Finance - - - 24.09 24.22 24.19 24.
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 2x from FY19, Order Book to enhance Profitability thereby, incre
Slide 8: P&L Highlights- Q3 & 9M FY23
P&L Highlights- Q3 & 9M FY 23 Standalone Consolidated Particulars (Rs. Crs) Q3 FY23 Q3 FY22 9M FY 23 9M FY 22 Q3 FY23 Q3 FY22 9M FY 23 9M FY 22 Revenue 198.44 121.61 519.86 314.49 253.81 169.99 688.31 440.28 Other Income 1.98 44.41 6.22 48.79 2.09 42.75 6.31 47.86 Total Income 200.42 166.02 526.08 3
Slide 9: 9M FY23 - Segmental Profit & Loss - after allocation
9 M FY23- Segmental Profit & Loss - after allocation Inventorised / Particulars (Rs. Cr) RE# EPC## GMP Total Unallocable Revenue 82.49 483.19 167.37 733.05 Cost of Sales 43.96 412.79 115.96 4.74 577.45 Gross Profit 38.53 70.40 51.41 155.60 Gross Profit Margin % 47% 15% 31% 21% Other Income 0.88 3.60
Slide 10: Business Overview
Z 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 Project Location (Rs. Cr) (In Rs. Cr) External Order book 90 Mumbai Police Staff quarters Mumbai 267 107 Raj Bhavan (Chief Minister) House Raipur 114 58 Medical Colleges with District Hospital, Kaushambi Kasuhambi, UP 176 Medical Colleges with District Hospital,
Slide 15: Real Estate Development
Z 0 oO re > REAL ESTATE DEVELOPMENT
Slide 16: 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 17: Successfully launched Real estate projects
Successfully launched Real estate projects Vascon Dev. Area Projects Launch Status REAL ESTATE SALES (RS CR) Share (ms.ft.) Forest Edge (JV) A 50% 0.08 18-Jan Fully Sold Forest Edge (JV) B 50% 0.08 19-Sep Fully Sold 116 120 Windermere (JV)# 45% 0.39 18-Mar 79% sold 91 Windermere Bunglow 100% 0.012 2
Slide 18: Current Real Estate Projects Under Development
Current Real Estate Projects Under Development Total Vascon Share Project Name Location Vascon Share Project Area Sale Sale Rev. Collection Collection Area Sold Value Value Recognized Type Share ms.ft. ms.ft. Rs. Cr Rs. Cr Rs. Cr Rs. Cr Rs. Cr Forest Edge (A&B) Pune JV 50% 0.16 0.15 109 95 55 48 26
Slide 19: 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 ms.ft. (Rs. in Cr) ms.ft. (Rs. in Cr) 1 Powai, Mumbai JDA/JV Residential 0.16 335 0.06 118 2 Kharadi, Pune JDA Residential 0.
Slide 20: Real Estate Projects – Pipeline (other projects)
Real Estate Projects – Pipeline (other projects) Sr. No. Projects Type Segment Total Saleable Expected Area Sales Value ms.ft. (Rs. in Cr) 1 Kalyani Nagar - Comm JDA Commercial 0.3 330 2 Kalyani Nagar JDA Residential 0.5 550 Total 0.8 880 19
Slide 21: Focus on Liquidity Management
Focus on Liquidity Management REMAINING NON-CORE ASSETS IDENTIFIED FOR SALE • 9 ACRE LAND PARCEL IN AURANGABAD * • GMP TECHNICAL SOLUTIONS (85% SUBSIDIARY OF VASCON) * NOC RECEIVED FROM STATE BANK OF INDIA AND TRANSACTION IS UNDER PROCESS CONTINUE FOCUS ON GENERATING CASH BY MONETIZING IDENTIFIED NO
Slide 22: 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
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