Slide 1: Submission of Investor/Analysts Presentation to exchanges
CIN: L99999MH1949PLC007039 November 11, 2022 To, BSE Limited The National Stock Exchange of India Limited PhirozeJeejeebhoy Towers, Exchange Plaza, Dalal Street, Bandra - Kurla Complex, Mumbai - 400 001 Mumbai - 400 051 SCRIP CODE: 531120 SYMBOL: PATELENG Security: Equity Security: Equity Shares / D
Slide 2: Patel Engineering Limited Investor Presentation Q2 FY23
PATEL ENGINEERING LIMITED Investor Presentation | Q2 FY23
Slide 3: Disclaimer
Disclaimer This presentation and the accompanying slides have been prepared by Patel Engineering Ltd. (the “Company”), and have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form
Slide 4: Result Highlights – Q2 FY23
Result Highlights – Q2 FY23 Investor Presentation | Q2 FY23
Slide 5: Standalone Profitability Highlights
Standalone Profitability Highlights In ₹ Cr Standalone Narration Q2 FY23 Q2 FY22 Y-O-Y % H1 FY23 H1 FY22 Y-O-Y % FY22 Revenue from Operations 814.46 653.01 24.72% 1,695.55 1,229.80 37.87% 3,029.85 Expenses 703.52 555.75 1,461.79 1,044.49 2,572.31 Operating EBITDA 110.94 97.26 14.07% 233.76 185.31 26
Slide 6: Standalone Revenue From Operations
Standalone Revenue From Operations In ₹ Cr Quarterly Revenue Half Yearly Revenue Last 3 Financial Years 3,029.85 814.46 1,695.55 653.01 2,333.06 1229.8 1,719.12 Q2 FY22 Q2 FY23 H1 FY22 H1 FY23 FY20 FY21 FY22 Q2FY23 grew 24.72% YoY H1FY23 grew 37.87% YoY Q2 FY23 Revenue Breakup Q2 FY22 Revenue Breaku
Slide 7: Strong Order Book
Strong Order Book In ₹ Cr Yearly Order Book Segment Wise Order Book 2.16% 0.10% Hydroelectric Segment No. of Projects Order Book Value 17,598 5.20% Hydroelectric 17 11,506 Irrigation 13.23% Irrigation 10 2,329 15,011 Tunnel 14,466 Tunnel 6 2,329 13,184 Road 6 916 13.91% Road Urban Infrastructure 7 3
Slide 8: New orders received In H1 FY23
New orders received In H1 FY23 In ₹ Cr Hydroelectric Project Tunnel Project Tunnel Project Project Name: Kwar HEP. Project Name: PVPG Tunnel Project. Project Name: Kohima Tunnel Project. Project Location: District Kishtwar, Project Location: Mumbai, Maharashtra. Project Location: Kohima, Manipur. Ja
Slide 9: Merger Of Subsidiaries
Merger Of Subsidiaries Pursuant to restructuring exercise, 14 subsidiaries of Patel Engineering Limited (“the Company”) has been merged with the Company with effect from the Appointed Date of April 1, 2021 pursuant to the Scheme under Section 230 to Section 232 of the Companies Act, 2013. The Scheme
Slide 10: Diversly Spread Works De Risking Business
Diversly Spread Works De Risking Business In ₹ Cr Jammu and Kashmir Domestic Sr.No. State No. of Projects Project Value Himachal 1 Jammu and Kashmir 9 6,612 Pradesh 2 Himachal Pradesh 3 2,466 Uttarakhand 3 Madhya Pradesh 6 2,007 Arunachal Sikkim Pradesh 4 Maharashtra 8 1,349 Nepal 5 Sikkim 1 1,271 R
Slide 11: Strong Client Base – Some Major Clients
Strong Client Base – Some Major Clients Investor Presentation | Q2 FY23 10
Slide 12: Consolidated Profitability Highlights
Consolidated Profitability Highlights In ₹ Cr Consolidated Narration Q2 FY23 Q2 FY22 Y-O-Y % H1 FY23 H1 FY22 Y-O-Y % FY22 Sales 893.05 724.45 23.27% 1,866.96 1,390.70 34.25% 3380.29 Expenses 762.32 602.00 1,586.40 1,164.16 2852.57 Operating EBITDA 130.73 122.45 6.76% 280.56 226.54 23.85% 527.72 EBIT
Slide 13: Consolidated Revenue From Operations
Consolidated Revenue From Operations In ₹ Cr Quarterly Revenue Half Yearly Revenue Last 3 Financial Years 3,380.29 1,866.96 893.05 2,617.21 724.45 1390.7 1,994.79 Q2 FY22 Q2 FY23 H1 FY22 H1 FY23 FY20 FY21 FY22 Q2FY23 grew 23.27% YoY H1FY23 grew 34.25% YoY Investor Presentation | Q2 FY23 12
Slide 14: Company Overview
Company Overview Investor Presentation | Q2 FY23
Slide 15: About Patel Engineering Ltd.
About Patel Engineering Ltd. One of the most integrated infrastructure and construction services conglomerates in India Incorporated in 1949, Headquartered in Mumbai, a leading player in the civil engineering construction segment with more than seven decade track record of constructing dams, bridges
Slide 16: Key Facts and Figures
Key Facts and Figures 7+ decades 17 States 12,000+ Experience Current Domestic Presence MW Hydro Project 85+ 300+ Kms 5.5+ Lakhs Dams of Tunnels Acres Irrigated Q2 FY23 1,200+ Kms ₹ 17,598 Cr ₹ 893.05Cr :Revenue Road Order book ₹ 130.73 Cr :Op. EBITDA ₹ 19.72 Cr :PAT Investor Presentation | Q2 FY23
Slide 17: Vision and Mission
Vision and Mission Patel Engineering Ltd., is one of the major Infrastructure and Construction Company MISSION VISION To be the pioneers in the industry and a market-driven Deliver comprehensive and effective solutions to clients organization known for its commitment towards excellence, through our
Slide 18: Key Highlights Of Q2 FY23
Key Highlights Of Q2 FY23 At our Luhri Hydroelectric Project The Company achieved At out Subansiri Lower At our Kundah Pumped Storage located in Himachal Pradesh, we breakthrough at Surge Shaft, Hydroelectric Project located in Hydro Electric Project (500 MW) - successfully completed Diversion Verti
Slide 19: Our Major Achievements
Our Major Achievements World record holder Only Indian Company to More than 4,000 m Largest underground Recipient of many for fastest have Commissioned 85 shaft boring power house cavern – national and conventional Dams completed Srisailam HE Project international awards tunneling World record holde
Slide 20: Stock Data
Stock Data NSE: PATELENG BSE: 531120 | ISIN: INE244B01030 Share Holding Pattern As on 10-11-2022 As on 30-09-2022 Share Price (₹) 22.00 Promoters Market Capitalization (₹ Cr) 1,134 39.58% 43.48% FII No. of Shares Outstanding 51,57,44,819 DII Face Value (₹) 1 2.98% NII 52 week High-Low (₹) 34.95 – 19
Slide 21: Business Overview
Business Overview Investor Presentation | Q2 FY23
Slide 22: Major completed projects
Major completed projects Hydro Power/ Tunneling Irrigation Transportation Urban Infrastructure • Srisailam Left Bank Hydro Power • Koshallia Dam, Haryana • Hathipali - Hosur (NH-7), Tamil Nadu • Construction of various water tunneling Station (900 MW) projects, Maharashtra • Polavaram Project (Right
Slide 23: Major Project Under Execution
Major Project Under Execution PAN INDIA PRESENCE 48 Ongoing projects worth 17,598 Cr Hydro Power / Tunnelling Irrigation Transportation Urban Infrastructure • Subansiri HEP • Gond Irrigation Project • Shivane to Mhatre bridge • Amarmahal to Trombay Tunnel • IRCON T2 & T15 (Railway Tunnel) • Sleemana
Slide 24: Technology oriented
Technology oriented Micro-tunneling Double Lake Tap Roller Compacted Concrete (RCC) • Micro-tunneling is the only non invasive solution for • A unique technology for connecting water to • We are the only Indian Company with experience in urban areas powerhouse, to augment capacity to existing power
Slide 25: Few Landmark Projects That Set Us Apart
Few Landmark Projects That Set Us Apart Ghatghar Dam – Maharashtra 84m high Koyna HE Project - Maharashtra (260MW) Rampur HE Project - Himachal Pradesh (432 Mw) 10th fastest completed dam in the world an India’s first RCC Dam First Lake Tapping in Asia. Asia's largest Surge Shaft with 38m dia. Srisa
Slide 26: Management Overview
Management Overview Investor Presentation | Q2 FY23
Slide 27: Promoter
Promoter Mr. Rupen Patel Chairman & Managing Director A third generation entrepreneur, Mr. Rupen Patel, holds an MBA from Babson College, USA. He began his career as an Advisor to the Board of Patel Engineering Limited in 1993. Appointed as Executive Director in 1996, he was elevated to the position
Slide 28: Professional & Experienced Board Of Directors
Professional & Experienced Board Of Directors Rupen Patel Kavita Shirvaikar Sunil D. Sapre Chairman & Managing Director Whole Time Director & CFO Whole Time Director K. Ramasubramanian Sunanda Rajendran Dr. Barendra Kumar Bhoi Independent Director Independent Director Independent Director Investor P
Slide 29: Detailed Financials – Last 5 Years
Detailed Financials – Last 5 Years Investor Presentation | Q2 FY23
Slide 30: Standalone Profit & Loss Statement
Standalone Profit & Loss Statement In ₹ Cr Particulars FY18 FY19 FY20 FY21 FY22 Net Sales 2,038.90 2,069.89 2,333.06 1,719.12 3,029.85 Other Income 381.35 286.21 349.51 143.31 134.93 Total Income 2,420.25 2,356.10 2,682.57 1,862.43 3,164.78 Expenses Costs of Material Consumed 207.19 216.30 412.54 30
Slide 31: Standalone Balance Sheet
Standalone Balance Sheet In ₹ Cr Equities & Liabilities FY18 FY19 FY20 FY21 FY22 Assets FY18 FY19 FY20 FY21 FY22 Equity 15.69 16.42 40.82 46.55 47.92 Non Current Assets Reserves 2,210.44 2,287.46 2,529.27 2,445.80 2,304.61 Fixed assets 250.25 272.89 311.87 365.56 1,075.39 Net Worth 2,226.13 2,303.88
Slide 32: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement In ₹ Cr Particulars FY18 FY19 FY20 FY21 FY22 Net Sales 2,274.55 2,362.21 2,617.21 1,994.79 3,380.29 Other Income 242.60 175.10 205.73 109.14 116.21 Total Income 2,517.15 2,537.31 2,822.94 2,103.93 3,496.50 Expenses Cost of Materials Consumed 255.49 256.04 459.18
Slide 33: Consolidated Balance Sheet
Consolidated Balance Sheet In ₹ Cr Equities & Liabilities FY18 FY19 FY20 FY21 FY22 Assets FY18 FY19 FY20 FY21 FY22 Equity 15.70 16.42 40.82 46.55 47.92 Non Current Assets Reserves 2,144.11 2,260.29 2,506.18 2,273.02 2,335.78 Net Worth 2,159.80 2,276.71 2,547.00 2,319.57 2,383.70 Fixed assets 1,348.4
Slide 34: FY22 Key Standalone Ratios
FY22 Key Standalone Ratios In Times In Times Asset Turnover Ratio Debt - Equity 0.46 2.80 0.40 0.33 2.05 0.28 0.22 1.08 0.96 0.78 0.85 0.74 FY18 FY19 FY20 FY21 FY22 FY16 FY17 FY18 FY19 FY20 FY21 FY22 In Times In Times EV/EBITDA Mcap - Sales 7.62 0.39 6.52 0.34 4.92 0.26 4.48 0.21 3.86 0.15 FY18 FY19
Slide 35: Thank You
Patel Engineering Limited Thank Contact: Rahul Agarwal Phone: +91 22 2676 7500 Website: www.pateleng.com You E-mail: investors@pateleng.com Kirin Advisors Private Limited Contact: Vastupal Shah Phone: +91 22 4100 2455 Website: www.kirinadvisors.com E-mail: vastupal@kirinadvisors.com