Psp Projects Ltd · NSE:PSPPROJECT

Psp Projects — Q3 FY2023 Earnings Presentation

41 slides from Psp Projects's earnings presentation, Jan 18, 2023

  1. Slide 1: Stock exchange cover letter for investor presentation

    Ref No: PSPPROJECT/SE/88/22-23 January 18, 2023 Corporate Relations Department Listing Department BSE Limited National Stock Exchange of India Limited Floor 25, P.J. Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Mumbai- 400 001 Bandra (East), Mumbai – 400 051 Scrip code: 540544 Scrip S

  2. Slide 2: Investor Presentation Q3/9MFY23

    Investor Presentation Q3/9MFY23 January 2023 www.pspprojects.com ©2021 – PSP Project Ltd., All Rights Reserved. 1

  3. Slide 3: Contents

    Contents 01 PSP Projects Limited - Build to Last: The growth story In a Nutshell 02 A look at the quarter gone by 03 Indian Construction Industry 04 The drivers that transcended PPLs growth since inception 05 Precast Facility: Enhancing capabilities. Exploring newer technologies. 06 Investment Ratio

  4. Slide 4: PSP Projects Limited – Build to Last

    PSP Projects limited – Build to Last The growth story in a Nutshell ▪ Incorporated in 2008, successfully led by First Generation Civil As on 31 December 2022 engineer having 36 years of experience. 1,500 / 18,000 ▪ India based construction company offering a diversified range Workforce / of construc

  5. Slide 5: A Look at the Quarter gone by

    A Look at the Quarter gone by www.pspprojects.com ©2021 – PSP Project Ltd., All Rights Reserved. 4

  6. Slide 6: Financial Performance during Q3/9MFY23

    Financial Performance during Q3/9MFY23 Q3FY23 Standalone Highlights Revenue from Operations1 (₹ crore) EBIDTA1 (₹ crore) & EBITDA Margin (%) PAT1 (₹ crore) & PAT Margin (%) 15% 10% 80 18% 50 10% 16% 45 9% 12% 7% 70 74 40 47 8% 6% 14% 497 11% 60 486 62 12% 35 7% 35 50 30 6% 10% 357 40 25 5% 8% 30 39

  7. Slide 7: Standalone Profit & Loss: Q3/9MFY23

    Standalone Profit & Loss : Q3/9MFY23 Particulars (₹ Lakhs) Q3 FY23 Q3 FY22 Y-o-Y Q2 FY23 Q-o-Q 9M FY23 9M FY22 Y-o-Y Revenue from Operations 49,739.28 48,562.01 2% 35,660.39 39% 1,19,923.91 1,19,341.67 0.5% Cost of materials consumed including WIP 16,881.32 12,736.06 8,046.56 35,134.45 35,587.43 Con

  8. Slide 8: Management commentary on key quarter highlights

    Management commentary on key quarter highlights • Outstanding order book as on 9MFY23 is Rs.5,075 crore. During 9MFY23, the company has received highest ever order inflow of Rs.1,950 crore We continued to grow organically by excluding GST as compared to Rs.978 crore during 9MFY22, a 100% growth focu

  9. Slide 9: Annual Financial Performance

    Annual Financial Performance Revenue from Operations1 (₹ Crore) EBITDA1 (₹ Crore) PAT1 (₹ Crore) #CAGR : 34% #CAGR : 31% #CAGR : 31% 1,749 161 257 1,499 129 1,241 191 1,199 1,044 90 149 147 87 135 81 730 64 101 66 41 401 FY17 FY18 FY19 FY20 FY21 FY22 9MFY23 FY17 FY18 FY19 FY20 FY21 FY22 9MFY23 FY17

  10. Slide 10: Business Robustness in Numbers

    Business Robustness in Numbers EBITDA / Revenue from Operations Profit After Tax / Total Revenue EBITDA Margin% PAT Margin% 14.3% 14.7% 13.9% 12.7% 12.3% 10.9% 9.1% 8.6% 8.5% 8.5% 7.1% 6.4% FY18 FY19 FY20 FY21 FY22 9MFY23 FY18 FY19 FY20 FY21 FY22 9MFY23 ©2021 – PSP Project Ltd., All Rights Reserved.

  11. Slide 11: Prudent Working Capital Cycle in Construction Space

    Prudent Working Capital Cycle in Construction Space 76 65 65 55 55 54 53 50 26 26 28 24 26 21 17 15 FY19 FY20 FY21 FY22 Inventory (Days) Receivable (Days) Payable (Days) Working Capital Cycle (Days) ©2021 – PSP Project Ltd., All Rights Reserved. Notes: (1) Numbers have been rounded off 10

  12. Slide 12: Along with comfortable Leverage Position

    Along with comfortable Leverage Position FY19 FY20 FY21 FY22 Total Debt (₹ crore) 26 75 81 100 Networth (₹ crore) 371 457 538 685 Debt-Equity (x) 0.07 0.16 0.15 0.15 ©2021 – PSP Project Ltd., All Rights Reserved. Notes: (1) Numbers have been rounded off 11

  13. Slide 13: Indian Construction Industry

    Indian Construction Industry www.pspprojects.com ©2021 – PSP Project Ltd., All Rights Reserved. 12

  14. Slide 14: An Important growth driver of India's Economy

    An Important growth driver of India’s Economy Initiatives taken by GoI to bolster growth in construction sector 8% Governments Push FDI Inflow Construction Industry’s ▪ High-speed bullet trains and metro rail, construction of Delhi- ▪ The infrastructure and construction sector is contribution to Ind

  15. Slide 15: Drivers that transcended PPLs growth since inception

    Drivers that transcended PPLs growth since inception www.pspprojects.com ©2021 – PSP Project Ltd., All Rights Reserved. 14

  16. Slide 16: Hybrid Approach with presence in Private and Public projects

    Hybrid Approach with presence in Private and Public projects Industrial Projects Institutional Projects Government Projects Government Residential Projects Construction of industrial buildings Construction of buildings for Undertake various challenging and Residential Projects Construction of privat

  17. Slide 17: Robust Order Book and Growing Pre-Qualification Credentials

    Robust Order Book and Growing Pre-Qualification Credentials Growing Order Book1 (₹ crore) Work on hand across Private and Public Projects As on 9MFY23 11% 5,075 4,324 34% 4,121 2,978 3,074 26% 2,559 11% 18% FY18 FY19 FY20 FY21 FY22 9MFY23 Government Govt Residential Industrial Institutional Resident

  18. Slide 18: Confidence to replicate the Success Story outside Home State

    Confidence to replicate the Success Story outside Home State ▪ Being headquartered in Ahmedabad, not only is the company strategically located in the core market of Gujarat but have Growing Geographical Footprint gradually expanded its presence to six different states of India, establishing a pan-In

  19. Slide 19: Belief, Trust and Support of Customers

    Belief, Trust and Support of Customers Proven Track Record Ethics & Trust Biggest Project In delivering projects on-time and quality Strong work Ethics makes PSP a projects, the faith and confidence rested by the favourable and preferred choice Surat Diamond Bourse clients can be assessed by esteeme

  20. Slide 20: Clientele with High Quality Business

    Clientele with High Quality Business Work on Hand as on 31 December 2022 - (Major Projects) | [₹ Crore] Outstanding Description of Project Location Name of the Client Contract value Contract Value Medical Colleges & Hospitals at 7 Locations Uttar Pradesh Public Works Department 1,491 1,074 EWS Housi

  21. Slide 21: The Team that made PPL fulfil its ambitions

    The Team that made PPL fulfil its ambitions Ably Supported by Experienced Professionals Mahesh Patel Maulik Patel Hetal Patel Viplav Shah Pratik Thakkar Senior Vice President - Operations Vice President - Procurement Chief Financial Officer Vice President - Planning General Manager - BD ▪ Holds a di

  22. Slide 22: Leadership and Management

    Leadership and Management Prahaladbhai Patel Pooja Patel Sagar Patel Sandeep Shah Vasishtha Patel Achala Patel Chairman, MD and CEO Whole Time Director Executive Director Independent Director Independent Director Independent Director ▪ Bachelor’s degree in civil ▪ Bachelor’s degree in civil ▪ Bachel

  23. Slide 23: 15 years of journey of Constructing Buildings

    15 years of journey of Constructing Buildings Started Operations in Uttar Pradesh with a Awarded to construct SAP Implementation marquee projects tallest temple in the "Beautification of Sri world Kashi Vishwanath Started Operations Awarded to construct Dham" in Karnataka & tallest residential Start

  24. Slide 24: Precast Facility

    Precast Facility Enhancing captive capabilities. Exploring newer technologies A state-of-the-art manufacturing plant of precast concrete building. Benefits of Precast Manufacturing Facility Production Capacity Phase I ▪ Reduces labour-intensive 1 Mn. Sq. ft. traditional building methods by way of ma

  25. Slide 25: Precast Factory

    Precast Factory ©2021 – PSP Project Ltd., All Rights Reserved. 24

  26. Slide 26: Investment Rationale

    Investment Rationale One-stop shop solution construction company present throughout the value chain starting from planning, design, construction and post-construction services including MEP work and other interior fit-outs which provides us with several opportunities, faster project turnaround time

  27. Slide 27: Project Profile

    Project Profile Prominent Projects Completed in FY22 NOODLE FACTORY PROJECT IN GUJARAT SPORTS COMPLEX FOR AHMEDABAD UNIVERSITY HOSPITAL PROJECT IN UDAIPUR RAJASTHAN INTERIOR FIT-OUT AT LEELA HOTEL, GANDHINAGAR ZYDUS HOSPITAL, BARODA AUDA LIBRARY, AHMEDABAD ©2021 – PSP Project Ltd., All Rights Reserv

  28. Slide 28: Landmark Projects – Kashi Vishwanath Dham

    Landmark Projects – Kashi Vishwanath Dham ©2021 – PSP Project Ltd., All Rights Reserved. 27

  29. Slide 29: Landmark Projects – Surat Diamond Bourse

    Landmark Projects – Surat Diamond Bourse Actual image October.22 ©2021 – PSP Project Ltd., All Rights Reserved. 28

  30. Slide 30: Landmark Projects – Surat Diamond Bourse

    Landmark Projects– Surat Diamond Bourse Actual image October.22 ©2021 – PSP Project Ltd., All Rights Reserved. 29

  31. Slide 31: Prominent Projects – Smart City

    Prominent Projects – Smart City Prestige Fintech IBIS Hotel by Brigade Tallest Residential in GIFT City World Trade Center BSE Brokers Forum Brigade International Finance Center The Signature by Hiranandani ©2021 – PSP Project Ltd., All Rights Reserved. 30

  32. Slide 32: Prominent Projects

    Prominent Projects ZYDUS HOSPITAL SITAPUR (EPC PROJECT) MEDICAL COLLEGE & HOSPITAL AT DAHOD (EPC PROJECT) BEAUTIFICATION OF AHMEDABAD C.G.ROAD R&D AND RESEARCH CENTERS IN GUJARAT ©2021 – PSP Project Ltd., All Rights Reserved. 31

  33. Slide 33: Prominent Projects

    Prominent Projects COMMERCIAL BUILDING AT GIFT CITY ZYDUS CORPORATE HOUSE AT AHMEDABAD PUNISKA HEALTHCARE PLANT BANGALORE MILK UNION DAIRY PLANT AT GRAND MERCURY HOTEL AT GIFT CITY MEDICAL COLLEGE AND HOSPITAL FOR KANAKPURA, KARNATAKA FOR BRIGADE GROUP DHARAMSINGH DESAI UNIVERSITY (DDU) ©2021 – PSP

  34. Slide 34: Prominent Projects

    Prominent Projects BRIGADE INTERNATIONAL GOVERNMENT OFFICE BUILDING RIVER FRONT DEVELOPMENT HOSPITAL PROJECT FINANCIAL CENTRE AT GIFT CITY ZYDUS HOSPITALS DAIRY PROJECT AFFORDABLE HOUSING PROJECT GOVERNMENT PROJECT ©2021 – PSP Project Ltd., All Rights Reserved. 33

  35. Slide 35: Key Strategies

    Key Strategies www.pspprojects.com ©2021 – PSP Project Ltd., All Rights Reserved. 34

  36. Slide 36: Building is my passion

    Key Strategies Building is my Focus on Building construction (commercial, residential, industrial & institutional) passion Strengthen our Leverage our position Mr. Prahaladbhai Patel human capital as a fast-growing Chairman, MD and CEO construction company in India Enhance our project Expand our geo

  37. Slide 37: Awards and Recognition

    Awards and Recognition www.pspprojects.com ©2021 – PSP Project Ltd., All Rights Reserved. 36

  38. Slide 38: Awards and Recognition

    Awards and Recognition PSP Projects Ltd has been awarded as Fastest Growing Construction Company PSP Projects Ltd has been awarded as India’s Top Challengers during the (below 2000 Cr Category) during the Construction World Annual Awards 2022 Construction World Annual Awards 2021 ©2021 – PSP Project

  39. Slide 39: Awards and Recognition

    Awards and Recognition PSP Projects Ltd has been awarded as 2nd Fastest Growing Construction Company (below 2000 Cr Times Inspiring Entrepreneur Award for the Fastest Patidar Udhyog Ratna Award by Sardardham 2020 Category) 3rd year in a row during the Construction Growing Construction Company of the

  40. Slide 40: Safe Harbor Statement

    Safe Harbor Statement This document does not constitute or form part of and should not be construed as an offer to sell or issue or the solicitation of an offer to buy or acquire securities of the Company or any of its subsidiaries or its joint ventures or affiliates in any jurisdiction or as an ind

  41. Slide 41: Thank You

    For more information please contact: PSP Projects Limited Hetal Patel ✉ grievance@pspprojects.com Ernst & Young LLP Krishna Patel / Vikash Verma ✉ krishna.patel2@in.ey.com ✉ vikash.verma1@in.ey.com Thank You PSP Projects Limited ‘PSP House’, Opp. Celesta Courtyard, Opp. Lane of Vikramnagar Colony, I

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