Power Mech Projects Ltd. · NSE:POWERMECH
Power Mech Projects — Investor Presentation (May 2022)
38 slides from Power Mech Projects's investor presentation, May 22, 2022
Slide 1: Power Mech Projects Limited Investor Presentation – May 2022
Power Mech Projects Limited Investor Presentation – May 2022
Slide 2: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Power Mech Projects 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 s
Slide 3: Power Mech at a Glance
Power Mech at a Glance A leading Industrial Services and Construction Company providing versatile and comprehensive service in power and infrastructure sector Established in 1999 by Mr. S. Kishore Babu, Largest O&M service provider in India, 112 a technocrat and first-generation On-going projects in
Slide 4: Mission & Vision
Mission & Vision Mission To be the best and most competitive industrial and infrastructure engineering, construction & services Company. Vision To provide services with: • Highest level of workmanship, exemplary speed by continuously enhancing organizational skills through innovation & teamwork. • H
Slide 5: Journey of 3 decades
Journey of 3 decades First Decade Second Decade Third Decade of Marching Forward • Power Mech story began in 1999 • Became ‘service provider of choice’ for large customer base • Non-power sector key for growth with investments of Rs. and registered a revenue of Rs. 1,000 Crores in FY14 111 Lakh Cror
Slide 6: Major milestones and achievements
Major milestones and achievements • Entered Oman, Saudi Arabia, Bahrain & Nigeria • Major orders in Super Critical Projects, • First O&M project (Public Sector)- Singareni Erection, Structural Fabrication work, Collieries Sepco, Adani, BGR, CLP • Completed international projects at Shuqaiq, • First
Slide 7: Established Track Record
Established Track Record 27.2 Lakhs MT 2.14 Lakhs MT 68,375 MW 6,792 MW Erection works executed till now engaged in aggregate unit Commissioned in Overseas Structural fabrication works completed capacity of the O&M & AMC Market 67,960 MW 15 Lakhs sq.ft. 546 Kms 11.5L inch mts engaged in capacity add
Slide 8: Business Overview
Business Overview Industrial Services (O&M) Infrastructure Construction Provide comprehensive & integrated Operation & Maintenance (O&M) services in mechanical, electrical & C&I front under one roof. Overhauling and Maintenance of Boiler, Turbine & Auxiliaries, Foundation, Decks, Industrial Building
Slide 9: Growth Opportunities
Growth Opportunities Industrial Construction Infrastructure Construction • Dominant role in ETC business of new projects in pipeline of about 8,000 MW in coal- • Investments of Rs. 1.4 lakh Crores in capacity expansion in segments of railway works based plants. • On going investments in various infr
Slide 10: Growth Opportunities
Growth Opportunities Electrical Transmission & Distribution Water & Hydro Power • Budget for Jal Jeevan Mission enhanced to Rs.60,000 Cr. During the last year, more than • Development of Distribution Infrastructure for various DISCOMs under the Revamped 2.06 Crore rural households were provided tap
Slide 11: Company’s Strengths
Company’s Strengths Huge Asset Base with over 300 Very strong cross functional teams Comprehensive service provider cranes and other construction across Business Development, in Power and Non-Power Sector equipment’s Engineering, Finance, Project Execution & Construction Management Strong supply cha
Slide 12: Project Management Infrastructure
Project Management Infrastructure Primavera, MS Project Large construction Application & Integrated Project equipment base Management Approach 14,044 HR Base SAP Site level, Support Engineers, Supervisors, functions Productivity, Data Technicians, HSE, FQA Management Other Staff Capability Centres,
Slide 13: Business Strategy
Business Strategy Expanding the services footprint & leveraging technical expertise to target higher margin contracts Backward and Has been at core for business consolidation and growth forward & this motto continues to drive integration future endeavours In domestic sector of IPP base, Utility sect
Slide 14: Expansion of O&M business
Expansion of O&M business Expanding of O&M service into other sectors & new horizons - O&M (AMC, R&M, Troubleshooting) Thermal (Domestic) Fully & Gas Power Developed Partially Developed To be Steel Developed Exports (Thermal) Electrical Refinery & Petro Network Chemicals Maintenance O&M Water & Hydr
Slide 15: Global Footprint
Global Footprint Global Presence. Indian Roots. Power Mech‘s expertise across SBUs has helped it diversify across geographies, hedging risks, protecting margins and enhancing revenue visibility. The Company's strengthened pre-qualification capability has helped widen its international presence. Moro
Slide 16: Domestic Clients
Domestic Clients Established Relationships with Clients – Domestic Projects Central Organization for Railway Electrification (CORE) 16
Slide 17: International Clients
International Clients Established Relationships with Clients – International Projects 17
Slide 18: Board of Directors
Board of Directors Sajja Kishore Babu, CMD Sajja Lakshmi, Non-Executive Director Founder of the Company, holds a Bachelor’s degree in Science Graduate, holds a place in the HR management Mechanical Engineering. Possesses 37 years of experience of the Company and CSR Committee. Deeply engaged in the
Slide 19: Professional and Experienced Management
Professional and Experienced Management S. Rohit, President, BD & Operations S Kodandaramaiah, Director – BD (Non-Board) MBA from University of Oxford & Master’s degree in Engineering Post-Graduate in mechanical engineering. More than 4 decades of Management from USC, heads the Overseas Operations,
Slide 20: Ownership Summary
Ownership Summary Shareholding Pattern Key Shareholders Sr. Name Shares Category Percentage No 0.65 0.89 1.17 2.88 1 Promoters & Family 93,69,668 Promoter 63.69% 7.21% PROMOTERS 4.21 2 HDFC Small Cap Fund 12,27,393 MUT 8.34% 8.34 RESIDENT INDIVIDUALS MUTUAL FUNDS 3 Banyan Tree Growth Capital II LLC
Slide 21: Financial Performance
l 1,000 Financial i ance Growth Unlimited
Slide 22: Quarterly Performance Analysis
Quarterly Performance Analysis Total Revenue Mix (Rs. Crores) EBITDA (Rs. Crores) & EBIDTA Margin 10.4% 11.3% 905 11.5% 100 11.0% 10.8% 12 760 152 650 80 10 166 628 544 127 8 137 60 106 516 6 329 98 284 268 40 79 223 71 63 72 4 223 226 20 2 173 188 217 Erection Works 6 36 6 28 5 23 4 25 3 17 0 0 Civ
Slide 23: FY22 Performance
FY22 Performance Total Revenue Mix (Rs. Crores) EBITDA (Rs. Crores) 2,728 350 11.1% 12 521 300 10 1,900 250 8 446 200 1,290 6 150 303 687 3.1% 4 100 661 805 50 2 58 Erection Works 20 86 18 93 0 0 Civil Works FY21 FY22 FY21 FY22 O&M* Total Revenue Mix (%) PAT** (Rs. Crores) Electrical Others 23% 19%
Slide 24: Consolidated Profitability Statement
Consolidated Profitability Statement Particulars (Rs. in Cr) Q4FY22 Q4FY21 YoY Q3FY22 QoQ FY22 FY21 YoY Revenue from Operations 902 755 19% 646 40% 2,710 1,884 44% Other Income 3 5 4 17 16 Total Revenue 905 760 19% 650 39% 2,728 1,900 44% Material Consumed 111 113 77 334 270 Contract Execution Expen
Slide 25: Historical Performance
Historical Performance Total Revenue Mix (Rs. Crores) EBITDA (Rs. Crores) & EBITDA Margin 13.5% 12.9% 13.4% 13.4% 12.9% 3.1% 11.1% 2,728 2,275 2,174 521 400 1.0 1,900 305 303 744 749 300 280 0.8 1,555 446 1,384 1,346 1,290 209 0.6 648 200 187 174 644 843 617 687 799 0.4 205 343 204 0 647 805 100 58
Slide 26: Consolidated Profitability Statement
Consolidated Profitability Statement Profit and Loss (Rs. in Cr) FY22 FY21 FY20 FY19 FY18 FY17 FY16 Revenue from Operations (Net of Excise) 2,710 1,884 2,165 2,261 1,548 1,338 1,378 Other Income 17 16 9 14 7 8 6 Total Revenue 2,728 1,900 2,174 2,275 1,555 1,346 1,384 Material Consumed 334 270 312 33
Slide 27: Consolidated Balance Sheet
Consolidated Balance Sheet Assets (Rs. in Cr) Mar-22 Mar-21 Equity & Liabilities (in Rs. Cr) Mar-22 Mar-21 Non - Current Assets 537 500 Total Equity 1,046 908 Property Plant & Equipments 173 165 Share Capital 15 15 CWIP 2 5 Reserves & Surplus 1,029 890 Right-of-Use Assets 5 7 Non-Controlling Interes
Slide 28: Consolidated Cashflow Statement
Consolidated Cashflow Statement Particulars (Rs. in Cr) Mar-22 Mar-21 Net Profit Before Tax 185 -60 Adjustments for: Non -Cash Items / Other Investment or Financial Items 114 112 Operating profit before working capital changes 299 52 Changes in working capital -61 96 Cash generated from Operations 2
Slide 29: Mine Development & Operation Project from CCL
Mine Development & Operation Project from CCL • Awarded a Mine Development & Operation (MDO) project from Central Coalfields Limited (CCL), a subsidiary of Coal India Limited, aggregating to Rs. 9,294 Crores over the contract period. • Consortium of Power Mech Projects Limited and AMR India Limited
Slide 30: Strong Order Inflow
Strong Order Inflow Rs. Crores 13,525 4,638 1,795 2,106 2,771 1,952 1,538 FY16 FY17 FY18 FY19 FY20 FY21 FY22 Erection O&M Electrical Works Civil & Other Works Mining 0.0% 0.0% 16.3% 6.5% 22.8% 27.2% 9.4% 29.2% 29.8% 35.4% 37.1% 35.4% 36.4% 24.8% 45.4% 18.0% 7.4% 12.6% 65.7% 68.7% 4.3% 67.9% 18.0% 33
Slide 31: Order Back Log
Order Back Log Rs. Crores 18,149 8,855 7,333 3,705 4,268 4,783 4,575 3,524 FY16 FY17 FY18 FY19 FY20 FY21 31st Mar ’22* 31st Mar ’22** Erection O&M Electrical Works Civil & Other Works Mining 9.1% 23.7% 18.6% 6.9% 0.0% 25.6% 28.6% 26.8% 32.3% 0.7% 14.3% 45.2% 46.5% 46.5% 44.9% 48.9% 51.7% 2.1% 14.1%
Slide 32: Our Projects
™. Power Mech Growth Unlimited Our Projects
Slide 33: Industrial Construction: Domestic Projects (Erection, Testing & Commissioning)
Industrial Construction: Domestic Projects (Erection, Testing & Commissioning) 3x660 MW Nabinagar STPP, NPGCL 3x660 MW Barh STPP, NTPC 2x660 MW Suratgarh STPP, RRVUNL Lowering of pipe at Mundra to Kandla pipeline project-90 KM, Adani 2x500 MW Neyveli TPP, NLC 1x660 MW Harduaganj TPS, UPRVUNL 5x800 M
Slide 34: Infrastructure Construction: Civil, Architecture & Railway Works
Infrastructure Construction: Civil, Architecture & Railway Works 5X800 MW Yadadri TPS, TSGENCO 1x800 Mw TPSS, North Chennai, TNNGEDCO 1X660 MW Bhusawal TPS at Maharastra- MAHAGENCO Construction of Roadbed, Major and Minor Bridges, Track Linking, Gudivada - Machilipatnam section -RVNL AMTZ- Infrastru
Slide 35: Overseas Business
Overseas Business 4X660 MW Shuqiaq SSPP, KSA 25 MW,Ray Project-RAY International LLC, Oman 1,516 MW IBRI IPP, SEPCO – 3, Oman 2X660 MW at Rampal, Maitree, (Completed Project) (Completed Project) Bangladesh-BIFPCL 1,800 MW Alba PS5 CCPP, Bahrain 1,390 MW Waad Al Shamal ISCCPP, GE, KSA 1,519 MW Fadhil
Slide 36: Operations & Maintenance (O&M)
Operations & Maintenance (O&M) Siemens -138 MW Gas Turbine Paguthan TG Overhauing 600 MW Jharsuguda Vedanta Bearing Diassembly At NTPC-Simhadri Control & Stop Valves Overhauling Sipat 660 MW Capital Overhauling of Turbine 63 MW, SV HP Heater Replacement 800 MW, CGPL Cuplock Scaffolding Erection 800
Slide 37: Manufacturing Facility, Hydro Power & Water
Manufacturing Facility, Hydro Power & Water 27.5 MLD STP, Networking at Palwal, Railway – Axil Box Housing Fibrizer Rotor - Triveni Engineering Implementation of Hydro Electric Project, 2 MCPALWAL MW at Upper Kallar, KSEB Implementation of Hydro Electric Project Head stock - ISGEC Heavy Engineering
Slide 38: Thank You
Contact Us For further information, please contact: Company CIN: L74140TG1999PLC032156 Mr. Mohith Kumar Khandelwal +91-40-30444418 / +91 9885149418 Email: cs@powermech.net www.powermechprojects.com Thank You 38
Power Mech Projects — Investor Presentation (May 2022) on 6ix