Slide 1: Vascon Engineers Investor Presentation November 2017
Vascon Engineers Investor Presentation November 2017
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 Updates & Financial Highlights; Re-inventing Itself; Key Developments; Strategy
• KEY UPDATES & FINANCIAL HIGHLIGHTS • VASCON – “RE-INVENTING ITSELF” • KEY DEVELOPMENTS • STRATEGY
Slide 4: Key Updates & Financial Highlights
KEY UPDATES & FINANCIAL HIGHLIGHTS
Slide 5: Key Updates
KEY UPDATES EPC Business Strong order intake of ~Rs. 370 crores till date in FY 18 Current order Book stands at Rs. 720 crores Real Estate Business Platinum square phase II - Successfully launched and sold in September 2017 Increased team size from 7 employees earlier to 50 employees at pres
Slide 6: Standalone Profit & Loss Highlights – H1 & Q2 FY18
STANDALONE PROFIT & LOSS HIGHLIGHTS – H1 & Q2 FY18 Particulars (Rs. Cr) H1 FY18 H1 FY17 Q2 FY18 Q2 FY17 Revenue 135.98 124.63 54.60 64.21 Other Income 7.24 10.59 3.04 7.95 Total Income 143.22 135.22 57.64 72.16 Construction Expenses / Material 95.50 89.09 32.69 49.83 Consumed Employee Cost 19.63 15.
Slide 7: Standalone Balance Sheet Highlights
STANDALONE BALANCE SHEET HIGHLIGHTS Rs. Cr Sep – 17 Mar – 17 Rs. Cr Sep – 17 Mar – 17 Non-current assets Shareholder’s Fund 369 390 622 613 Fixed assets Share capital 53 57 168 168 Financial Assets Reserves & Surplus 272 286 454 445 Other Non Current assets, Income Tax & Deferred Tax 45 46 Non-curre
Slide 8: Vascon - "Re-inventing Itself"
VASCON - "RE-INVENTING ITSELF"
Slide 9: Vascon at a Glance
VASCON AT A GLANCE VASCON e Cumulative construction of over e Asset Light Real Estate business 50 mn. sq ft. across 200 projects mainly present in Pune & tier Il cities e Current order book of over e Cost efficient development Rs 720 cr. model through JVs and JDAs e Current execution capability of e
Slide 10: EPC Business - Executing Projects Across Segments
EPC BUSINESS - EXECUTING PROJECTS 36 ACROSS SEGMENTS VASCON Construction experience across Marquee projects various verticals e Executed more than 200 projects with construction area of over 50 mn.sq ft. e Residential Complex, Commercial Buildings, IT Parks, Hospitals, etc. Established brand name e
Slide 11: EPC Business - Consistent Quality Standards Ensuring Repeat Orders
EPC BUSINESS - CONSISTENT QUALITY STANDARDS ENSURING REPEAT ORDERS Pharmaceuticals IT & Software Infra/ Real Estate Hotels Institutions s
Slide 12: EPC Business – Robust Order Book
EPC BUSINESS – ROBUST ORDER BOOK 74% growth Others Education Affordable 5% 5% Housing 30% Residential 60% s
Slide 13: EPC Projects – Existing Order Book
EPC PROJECTS – EXISTING ORDER BOOK Current Order book Location Client (Rs. Cr) Lucknow Kailash Enclave 183 Ayyalur,Andhra Pradesh Ayyalur 100 Adoni, Andhra Pradesh Adoni 100 Mumbai Sheth Creators – Malad (I&II) 74 Chennai Sriram Educational Turst * 70 Lucknow Everest Enclave 58 Chennai Godrej Chenna
Slide 14: Real Estate Business - Monetizing Current Portfolio
REAL ESTATE BUSINESS - te MONETIZING CURRENT PORTFOLIO VASCON Asset Light Business Model e No Land Investment - Joint Ventures (JVs) & Joint Development Agreements (JDAs) preferred e Every project to have certain economic size and beyond threshold margin Monetizing Existing Land Parcels e Exit the l
Slide 15: What Has Changed for Vascon in Last Months
WHAT HAS CHANGED FOR VASCON IN LAST 6 MONTHS VASCON ve Re 7 (Earlier) i Aggressive and young management team ‘ F [- a Target of 100 Associates by Mar 18 Planned launches of 5 projects in next 6-8 months a he S | CLEANROOM SOLUTIONS EPC | INDUSTRIAL | RESIDENTIAL | COMMERCIAL | IT PARKS | INSTI
Slide 16: Current Real Estate Projects Under Development
CURRENT REAL ESTATE PROJECTS UNDER DEVELOPMENT Total Vascon Share Project Name Location Vascon Share Project Rev. Area Sold Sale Value Collection Sale Value Collection Area Recognised Type Share msft msft Rs. Cr Rs. Cr Rs. Cr Rs. Cr Rs. Cr Willows Phase (D,E,F) Pune JDA 80% 0.21 0.20 94 92 75 74 74
Slide 17: Real Estate Portfolio
REAL ESTATE PORTFOLIO Vascon Share Focus on asset light JDA/JVs model Project Area Saleable area Particulars Saleable Area (Acres) (msft) (msft) JDA 86.6 7.1 4.6 Pune 29.4 2.6 1.4 7% Chennai 25.0 1.6 1.3 28% Madurai 18.2 1.6 1.0 65% Coimbatore 14.0 1.2 0.9 JV 200.5 22.3 10.1 Geographical land bank s
Slide 18: Slide 18
Slide 19: Cash-flow generated in H1FY18 and potential cash-flow
Cash-flow generated in H1FY18 ~Rs. 75 Cr. ~Rs.75 Cr Potential cash-flow expected ~Rs. 100 Cr ~Rs.100 Cr.
Slide 20: New Launches in Real Estate
NEW LAUNCHES IN REAL ESTATE VASCON Platinum Square - Phase Il Forest County - Phase III Successful launch in Sep 2017 Launch expected by Q3 FY18 S = = om a} kul oa Q2 Sales Rs.47.11 Cr. Phase | & II fully sold out Ultramodern Luxury Boutique Offices in Viman Nagar, Residential Project in Kharadi, Pu
Slide 21: Affordable Housing - Huge Opportunity
AFFORDABLE HOUSING 36 HUGE OPPORTUNITY VASCON Government's Focus on Affordable Housing Space e Emphasis for Housing for All by 2022 - Strong Government focus e Aim to build 60 million new low-cost houses over the next 6 years e Incentivizing Affordable Housing by increasing project completion timeli
Slide 22: EPC Business and Real Estate Business Focus
EPC Business Real Estate Business Segment Focus Large civil contracts of affordable housing Focus on Affordable Housing projects High Value Government contracts Fast moving inventory mix 1RK, 1BHK and limited compact 2 BHKs Contracts from reputed private real estate developers Target cus
Slide 23: Affordable Housing Foray
AFFORDABLE HOUSING FORAY aye Ne, eS VASCON New order Procured - EPC New Planned Launches - Real Estate e Foray into affordable housing project e Total potential area of ~ 0.46 mn. sq ft. e Land owned by Vascon ¢ Order of Rs. 236 Crores from Shapoorji Pallonji , 1 Katvi, : ae Pune ¢ Construction of A
Slide 24: Contact Details
Mr. M. Krishnamurthi / Mr. Punit Bhayani Mr. Gaurang Vasani / Mr. Vikash Verma mk_murthi@vascon.com punit@vascon.com vgaurang@stellar-ir.com vikash.verma@stellar- Vascon Weikfield Chambers, Pune - 411014 ir.com Dynasty Business Park, Andheri (East), Mumbai 400 065