Slide 1: Investor Presentation | November 2022
“Persistent to create better tomorrow” Investor Presentation | November 2022
Slide 2: 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 3: Key Business Highlights
1,798 Crs. 1,486 Crs Total Order Book External EPC Order Book Forming healthy Order Book of Higher contribution by Government 3.9x FY22 EPC revenues projects H1 FY23: ~74% ` 135,636 Sq.ft. Govt. Project (%) Real Estate KEY BUSINESS HIGHLIGHTS Providing visibility of faster execution New Sales Bookin
Slide 4: Execution Momentum pacing up
Execution Momentum pacing up… REVENUE FROM OPERATIONS (RS. CRS) 183 In Q2 FY23, strong execution continue across EPC Projects 166 153 27 143 21 6 59 119 All projects are operating at an optimum level, which enabled 17 faster project execution and resulted in better revenue 78 generation 1 156 132 13
Slide 5: Debt position as on 30th September 2022
Debt position as on 30th September 2022 Particular (Rs. in Crs) Sept -22 Jun-22 Mar-22 Dec-21 Sep-21 Mar-21 Mar-20 Vascon Engineers SBI / UBI / CSB 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 24.74 17.62 Aditya B
Slide 6: 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 7: P&L Highlights - Q2 & H1 FY
P&L Highlights- Q2 & H1 FY 23 Standalone Consolidated Particulars (Rs. Crs) Q2 FY23 Q2 FY22 H1 FY 23 H1 FY 22 Q2 FY23 Q2 FY22 H1 FY 23 H1 FY 22 Revenue 179.99 117.82 321.42 192.88 232.81 159.42 434.50 270.29 Other Income 2.61 1.22 4.24 4.38 2.50 1.71 4.22 5.11 Total Income 182.60 119.04 325.66 197.2
Slide 8: Balance Sheet – Consolidated
Balance Sheet – Consolidated Rs. in Crs Sep – 22 Mar – 22 Rs. in Crs Sep – 22 Mar – 22 Non-Current Assets 350.87 313.29 Shareholder’s Fund 859.56 824.13 Fixed Assets 120.61 94.25 Share Capital 217.32 217.32 Other Equity 629.24 594.04 Financial Assets 183.26 175.53 Non Controlling Interest 13.00 12.7
Slide 9: H1 FY23 - Segmental Profit & Loss - after allocation
H1 FY23- Segmental Profit & Loss - after allocation Inventorised / Particulars (Rs. Cr) RE# EPC## GMP Total Unallocable Revenue 48.49 303.44 112.53 464.46 Cost of Sales 18.80 258.60 81.21 2.32 360.94 Gross Profit 29.69 44.84 31.32 103.52 Gross Profit Margin % 61% 15% 28% 22% Other Income 0.53 2.60 1
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 13
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 287 107 Raj Bhavan (Chief Minister) House Raipur 147 58 Medical Colleges with District Hospital, Kaushambi Kasuhambi, UP 195 312 Medical Colleges with District Hospit
Slide 15: Real Estate Development
% VASCON 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 (msft) 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 Windermere Bunglow 100% 0.012 20-May
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 msft msft Rs. Cr Rs. Cr Rs. Cr Rs. Cr Rs. Cr Forest Edge (A&B) Pune JV 50% 0.16 0.15 109 92 55 46 26 Fore
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 msft (Rs. in Cr) msft (Rs. in Cr) 1 Powai, Mumbai Ownership Residential 0.16 335 0.154 310 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 msft (Rs. in Cr) 1 Kalyani Nagar - Comm JDA Commercial 0.3 330 2 Kalyani Nagar JDA Residential 0.5 550 Total 0.8 880 20
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) CONTINUE FOCUS ON GENERATING CASH BY MONETIZING IDENTIFIED NON-CORE ASSETS 21
Slide 22: Towards Newer, Bigger Milestones
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