Slide 1: Oval Projects Engineering Limited - Investor Presentation filing letter
OVAL PROJECTS ENGINEERING LIMITED A Team of Excellence For Better Future | An ISO Certified Company Date: June 05, 2026 To, BSE Limited, Corporate Relationship Department, P. J. Towers, Dalal Street, Mumbai – 400001 Scrip Code: 544498 Subject: Investor Presentation Dear Sir/Madam, Please find enclos
Slide 2: FY26 Investor Presentation
OVAL PROJECTS ENGINEERING LIMITED FY26 Investor Presentation
Slide 3: Safe Harbour Statement
SAFE HARBOUR STATEMENT This presentation and its accompanying materials (collectively, the "Presentation") have been prepared by Oval Projects Engineering Limited (“Oval," "the Company," or "we") for informational and discussion purposes only. This Presentation does not constitute an offer to sell o
Slide 4: Industry Overview
| —] re} | ‘| USTRY OVER
Slide 5: India's Energy Inflection Point
INDIA'S ENERGY INFLECTION POINT The Decade That Will Define India's Energy Future A ₹35 Lakh Crore opportunity is being built — right now. THE MACRO CASE IN NUMBERS: India's projected energy India's GDP targeting National Infrastructure demand growth by 2040 Pipeline (NIP) total outlay DEMAND SURGE
Slide 6: Global Crisis = India's Structural Opportunity
GLOBAL CRISIS = INDIA'S STRUCTURAL OPPORTUNITY When the World Fractures, India Builds Geopolitical disruption is accelerating India's energy infrastructure investment cycle GLOBAL TRIGGERS CREATING DOMESTIC TAILWINDS: Russia-Ukraine Conflict Middle East Instability Supply Chain Realignment India's S
Slide 7: Industry & Market Size
INDUSTRY & MARKET SIZE India's Oil & Gas Infrastructure services : A ₹3.5 Lakh Crore Market in Acceleration Mode ~₹1.8–2.2 Lakh Cr ₹3.5–4.0 Lakh Cr ~11–13% ₹1.32 lakh Cr Budgeted 12.6 Cr households India Oil & Gas Projected Market Size by CAGR (2024–2030) (54% achieved) Government capex in CGD expan
Slide 8: India's Oil & Gas Infrastructure Opportunity
INDIA'S OIL & GAS INFRASTRUCTURE OPPORTUNITY ₹8–10 Lakh Crore of O&G Infrastructure Investment: The Pipeline is Filling 01 02 UPSTREAM GAS PROCESSING NATURAL GAS PIPELINES Parameter Value Parameter Value ONGC's East India gas production target 2x by 2030 India's existing gas pipeline network ~24,000
Slide 9: Why Oil & Gas Infrastructure Services Provider Is a High-Growth Sector
WHY OIL & GAS INFRASTRUCTURE SERVICES PROVIDER IS A HIGH-GROWTH SECTOR Structural, Recurring, PSU-Backed — The Ideal Infrastructure services provider Market GOVERNMENT-MANDATED GROWTH LONG PROJECT LIFECYCLES • 90%+ of India's Oil & Gas infrastructure is • Every Infrastructure services provider owned
Slide 10: Company Overview
COMPANY OVERVIEW
Slide 11: Oval's Growth Mirrors India's Energy Infrastructure Expansion
OVAL’S GROWTH MIRRORS INDIA’S ENERGY INFRASTRUCTURE EXPANSION. The global energy market is witnessing heightened uncertainty driven by ongoing geopolitical tensions involving Iran, Israel, and the United States. Volatility in crude oil and LNG supply chains has once again highlighted the importance
Slide 12: Building India's Energy Infrastructure Backbone
BUILDING INDIA'S ENERGY INFRASTRUCTURE BACKBONE “ Transforming from a Regional Infrastructure service Specialist into a National Infrastructure Execution Platform “ OVAL PROJECTS ENGINEERING LIMITED Specialized Infrastructure services Oil & Gas City Gas Distribution provider& O&M Player Positioned a
Slide 13: Oval Projects — Company Overview
OVAL PROJECTS — COMPANY OVERVIEW A Decade of Complex Engineering. A Platform Built for Scale. Oval Projects Engineering Limited is a specialized Infrastructure services provider and O&M company serving India's Oil & Gas sector, executing upstream gas gathering systems, cross-country pipelines, City
Slide 14: Key Facts & Figures
KEY FACTS & FIGURES ₹780+ Cr ~5.0x ₹490+ Cr 1,200+ km 70% Order Book FY26 Revenue Unexecuted Order Book Pipeline Executed Repeat Order Rate (30th May, 2025) Order Book Coverage (as of Apr 2025) 90+ 41+ 90% 10+ 9001 / 14001 / Projects Completed Active Projects PSU/Government States of Operation 45001
Slide 15: Three Business Verticals
THREE BUSINESS VERTICALS VERTICAL WISE REVENUE BIFURCATION(%) OIL & GAS Infrastructure services 01 Pipeline laying, GCS/GGS/EPS plants, HDD projects, Terminal stations 3.80% 50.10% O&M SERVICES 02 CGD network mgmt., CNG station O&M, Captive power O&M, Pipeline maintenance 46.20% CIVIL/SPECIALIZED IN
Slide 16: Core Capabilities & Service Portfolio
CORE CAPABILITIES & SERVICE PORTFOLIO Full-Spectrum Infrastructure services provider with Capabilities Across the Oil & Gas Value Chain UPSTREAM CAPABILITIES: MIDSTREAM CAPABILITIES DOWNSTREAM / CGD O&M CAPABILITIES CAPABILITIES • Well head surface installations & • Cross-country steel pipeline layi
Slide 17: Execution Strength & Competitive Advantages
EXECUTION STRENGTH & COMPETITIVE ADVANTAGES The OVAL Moat: Where Execution Meets Geography THE 4 PILLARS OF COMPETITIVE ADVANTAGE EAST INDIA DOMINANCE IGHT + EXECUTION-RICH MODEL ZERO BAD DEBT HISTORY • 12+ Years Continuous NER Presence • Traditional Competitor Model → OVAL Model • All revenue from
Slide 18: The Way Forward
THE WAY FORWARD
Slide 19: Expansion Vision & Future Roadmap
EXPANSION VISION & FUTURE ROADMAP From East India Champion → Pan-India Infrastructure services provider Platform A 3-Phase Execution Roadmap to ₹1,000 Crore Revenue PHASE 1 PHASE 2 PHASE 3 CONSOLIDATION PHASE 2: NATIONAL PHASE 3: SCALE PLATFORM (FY25–FY26) Execution EXPANSION (FY26–FY28) (FY28–FY30)
Slide 20: Why Oval Is Positioned for Long-Term Growth
WHY OVAL IS POSITIONED FOR LONG-TERM GROWTH The Convergence of Right Sector + Right Geography + Right Timing SECTOR — OIL & GAS INFRASTRUCTURE GEOGRAPHY — EAST INDIA IS INDIA'S NEXT TEAM — FOUNDER-LED, EXECUTION- SERVICES ARE INDIA'S MOST DURABLE CAPEX ENERGY FRONTIER FOCUSED, ZERO DEBT CULTURE THEM
Slide 21: Financial Overview
FINANCIAL OVERVIEW
Slide 22: Half Yearly Financial Snapshot
HALF YEARLY FINANCIAL SNAPSHOT Revenue from Operations EBITDA PAT 50% 18.00 54% 9.00 59% YOY 92.18 YOY YOY 100.00 16.00 8.00 90 .0 0 14.00 7.0 0 80 .0 0 70.00 60.96 12.00 6.00 60 .0 0 10.00 5.00 50 .0 0 8.00 4.00 40 .0 0 6.00 3.00 30.00 4.00 2.00 20.00 2.00 1.0 0 10.00 12.33 15.92 6.38 8.45 0.00 0.0
Slide 23: Historical Financial Snapshot
HISTORICAL FINANCIAL SNAPSHOT Revenue from Operations EBITDA EBIDTA (%) PAT PAT (%) 37.53% 25.23% CAGR 16 50.21% 12 18.44 30 20 CAGR 17.9 CAGR 180 153.14 9.67 18 14 160 10 9.12 25 16 13.74 12 140 14 8 20 120 10 102.29 12 100 8 6 77.97 5.53 15 10 80 8 6 4 10 60 6 4 40 4 2 5 2 20 2 10.86 18.31 28.25 4
Slide 24: Income Statement
INCOME STATEMENT Particulars FY24 FY25 FY26 Revenue from operations 77.97 102.29 153.14 Other income 1.02 0.87 3.71 Total Revenue 78.99 103.16 156.86 Purchases of Raw Material 69.59 51.52 80.43 Purchase of Stock - In- Trade 30.97 Changes in inventories of finished goods, WIP and Stock-in-Trade -16.8
Slide 25: Balance Sheet
BALANCE SHEET Particulars FY24 FY25 FY26 Particulars FY24 FY25 FY26 I. EQUITY AND LIABILITIES II. ASSETS 1. Shareholders' Funds 1. Non-current assets a. Share Capital 13.66 15.27 20.77 a. Property, Plant & Equipments b. Reserves and Surplus 20.11 40.72 90.45 and Intangible assets c. Money received a
Slide 26: Cashflow Statement
CASHFLOW STATEMENT Particulars FY24 FY25 FY26 Cash Generated from / (utilized in) Operating activities (A) -0.27 -15.75 -30.33 Cash generated from / (utilised in) Investing activities (B) -16.69 4.39 -11.55 Cash generated from / (utilised in) Financing activities (C) 16.95 18.01 49.97 Effect Foreign
Slide 27: Shareholding Structure & Market Metrics
SHAREHOLDING STRUCTURE & MARKET METRICS Shareholding Pattern CURRENT 59.77 53.12% MARKET PRICE PROMOTORS 52 WEEK 86.00/42.50 HIGH/LOW MARKET 124.13 CR 46.88% CAPITALIZATION PUBLIC 100% FACE 10.00 VALUE BSE SCRIP BSE - SME: CODE 544498 Shareholding data as of 31st March 2026 Market price data as of 2
Slide 28: Thank You
THANK YOU OVAL Projects Engineering Limited Address: Milanchakra, Near Prajapita Brahmakumari Center, PO AD Nagar, Badharghat, Dist West Tripura, Agartala, 799003 Mobile: +91-7977767790 Email: cfo@ovalprojects.com ORIM CONNECT (Corporate Communication Advisors) Address: 220, Corporate Avenue, Gorega