Slide 1: Investor Presentation | January 2020
INVESTOR PRESENTATION | January 2020
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 Highlights
KEY HIGHLIGHTS EPC Business Real Estate Business • Land Monetisation of Rs 170 Cr in Rs 2,091 Cr Rs 1,975 Cr Rs 116 Cr Ajanta Enterprise (50% JV of Vascon) Total Order Book External Orders Internal Orders • Commercial Property at Kaledonia, Andheri (E) given on Lease New Sales booking of 103,213 sqf
Slide 4: Land Monetization of Rs. 170 Cr
LAND MONETIZATION OF RS. 170 CR Seller Ms Ajanta Enterprise, 50% JV of Vascon Acquirer Pune BP Development Pvt. Ltd. (SPV of Mapletree Investments Pte Ltd ) Location Kharadi Village, Pune Land Parcel Area 30,955 sq. mt. Gross Consideration Rs. 170 Cr ( Entire consideration received by Ms Ajanta Ente
Slide 5: Highest-Ever Order-Intake in YTD FY20
HIGHEST-EVER ORDER-INTAKE IN YTD FY20 EPC Business- External Order-Intake Order Intake State Rs. Cr. (In Rs. Cr) 1,975 Public Works Department, Raipur, Chhattisgarh 506 Maharashtra State Police Housing & Maharashtra 465 Welfare Corporation Ltd. 1,540 Tycoon Avanti Projects Maharashtra 172 Bangalore
Slide 6: P&L Highlights - Q3 & 9M FY20
P&L HIGHLIGHTS- Q3 & 9M FY20 Standalone Consolidated Particulars (Rs. Cr) Q3 FY20 Q3 FY19 9M FY20 9M FY19 Q3 FY20 Q3 FY19 9M FY20 9M FY19 Revenue 101.28 82.13 273.87 245.66 143.38 111.11 395.40 365.35 Other Income 3.02 7.74 15.16 23.84 2.49 9.82 15.98 29.66 Total Income 104.30 89.87 289.03 269.50 14
Slide 7: 9M FY20 - Segmental Profit & Loss After Allocation
9M FY20- SEGMENTAL PROFIT & LOSS - AFTER ALLOCATION Particulars (Rs. Cr) RE# EPC## GMP Inventorised Total Revenue 147.68 191.71 120.15 459.54 Cost of Sales 81.63 141.16 73.80 0.39 296.98 Gross Profit 66.05 50.55 46.35 162.56 Gross Profit Margin % 45% 26% 39% 35% Other Income 6.80 8.81 2.22 17.83 Emp
Slide 8: Business Overview
VASCON = = = —— —_— BUSINESS OVERVIEW
Slide 9: Vascon - At a Glance
VASCON – AT A GLACE ENGINEERING PROCUREMENT & CONSTRUCTION One of the leading EPC Company in India REAL ESTATE DEVELOPMENT Focus on Affordable Housing 9
Slide 10: 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 msft p.a. – operating at 40% utilization Number of Personnel in Project / Engine
Slide 11: Marquee Clients
MARQUEE CLIENTS MAINTAINING CONSISTENT QUALITY STANDARDS ENSURING REPEAT ORDERS 11
Slide 12: Order Book Build-up & Key Orders
ORDER BOOK BUILD-UP & KEY ORDERS (In Rs. Cr) Key Project Location Amt (Rs. Cr) 2,091 External Order book 116 Maharashtra State Police Housing Raipur 465 PWD, Raipur Mumbai 442 Tycoon Mumbai 165 Bangalore Metro Rail Corporation Bangalore 159 Airport Authority of India Goa 132 1,066 1,044 Adhiraj Mumb
Slide 13: Real-Estate Development
VASCON — =— — — — == =—= Hil i r. TRE EPEREREREEEEHTTVATET "| REAL-ESTATE DEVELOPMENT
Slide 14: 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 15: Successfully Launched Real Estate Projects
SUCCESSFULLY LAUNCHED REAL ESTATE PROJECTS REAL ESTATE SALES (RS CR) Vascon Dev. Area Projects Launch Status Share (msft) 272 Forest Edge (JV) A 50% 0.08 18-Jan Fully Sold 197 Forest Edge (JV) B 50% 0.08 19-Sep 42% sold Windermere (JV)# 45% 0.38 18-Mar 55% sold Vascon Goodlife – Value Home (Own) 100
Slide 16: Track Record of Real Estate Sales
TRACK RECORD OF REAL ESTATE SALES Q-O-Q SALES AREA SQ. FT (‘000) 92 80 43 47 39 18 Q2FY19 Q3FY19 Q4FY19 Q1FY20 Q2FY20 Q3FY20 Q-O-Q SALES VALUE (RS. CR.) 78 58 44 28 21 13 Q2FY19 Q3FY19 Q4FY19 Q1FY20 Q2FY20 Q3FY20 16
Slide 17: Current Real Estate Projects Under Development
CURRENT REAL ESTATE PROJECTS UNDER DEVELOPMENT Total Vascon Share Project Name Location Vascon Share Project Area Rev. Sale Value Collection Sale Value Collection Area Sold Recognized Type Share msft msft Rs. Cr Rs. Cr Rs. Cr Rs. Cr Rs. Cr Forest Edge (A&B) Pune JV 50% 0.16 0.11 76 37 38 19 - Forest
Slide 18: Real Estate Projects – Pipeline (Launches in Next Twelve Months)
REAL ESTATE PROJECTS – PIPELINE ( LAUNCHES IN NEXT TWELVE MONTHS) 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 Coimbatore JDA Residential 0.33 179 0.23 125 2 Madurai JDA Residential 0.49 220
Slide 19: 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 Bavdhan - Comm JDA Commercial 0.23 158 2 Willows - Comm JV Commercial 0.23 191 3 Kalyani Nagar - Comm JDA Commercial 0.3 330 4 Kalyani Nagar JDA Residential 0.5
Slide 20: Non-Core Assets
NON-CORE ASSETS 1. 44% EQUITY STAKE IN HOTELS AT GOA 2. COMMERCIAL PROPERTY AT KALEDONIA, ANDHERI (E) 3. 9 ACRE LAND PARCEL IN AURANGABAD 4. GMP TECHNICAL SOLUTIONS (85% SUBSIDIARY OF VASCON) CONTINUE FOCUS ON GENERATING CASH BY MONETIZING IDENTIFIED NON CORE ASSETS 20
Slide 21: Thank You!
THANK YOU! Mr. Punit Bhayani Mr. Gauranh Vasani/ Ms. Hina Agarwal punit@vascon.com vgaurang@stellar-ir.com hina@stellar-ir.com Vascon Weikfield Chambers, Pune - 411014 Kanakia Wall Street, Andheri (East), Mumbai 400 093