Growth UnlimitedPOWER MECH PROJECTS LTD

Investors Presentation Q3 & 9M FY21

16th Feb 2021

DisclaimerSafe Harbor Statement The information contained herein has been prepared to assist prospective investors in making their own evaluation of Power Mech

Projects Limited (hereinafter ‘the company’) and does not purport to be all-inclusive or to contain all of the information a

prospective or existing investor may desire.

This Information may include certain statements and estimates provided by the company with respect to the projected future

performance of the company. Such statements, estimates and projections reflect various assumptions by management concerning

possible anticipated results, which assumptions may or may not be correct.

Prospective investors will be expected to have conducted their own due diligence investigation regarding these and all other

matters pertinent to investment in the company.

This presentation may contain statements that are “forward looking statements.” The company’s actual future results may differ

materially from those suggested by such statements, depending on various factors for which the company and its management

does not take any responsibility.

The information contained herein has been prepared to assist prospective investors in making their own evaluation of Power Mech

Projects Limited (hereinafter ‘the company’) and does not purport to be all-inclusive or to contain all of the information a

prospective or existing investor may desire.

This Information may include certain statements and estimates provided by the company with respect to the projected future

performance of the company. Such statements, estimates and projections reflect various assumptions by management concerning

possible anticipated results, which assumptions may or may not be correct.

Prospective investors will be expected to have conducted their own due diligence investigation regarding these and all other

matters pertinent to investment in the company.

This presentation may contain statements that are “forward looking statements.” The company’s actual future results may differ

materially from those suggested by such statements, depending on various factors for which the company and its management

does not take any responsibility.

2

Power Mech – At a Glance

A leading Industrial Services and Construction Company providing versatile and

comprehensive service in power and infrastructure sector

Established in 1999 byMr. S. Kishore Babu, a

technocrat and firstgeneration entrepreneur

Presently Operates Pan-India, Middle East, South

Asia and Africa

Largest O&M service

provider in India

FY 20Total Income: Rs 21,740 Mn

EBITDA : Rs 2,801 MnPAT : 1,313 Mn

Credit Rating “CARE A”

3

Journey of the Company, Major milestones and achievements→ First ETC of 1 X 63 Tph and 2 X 165

Tph AFBC Boilers, 20.85 MW & 55MW, Raigarh, BHEL

→ First AMC of 655 MW CombinedCycle Dual Fuel IPP Power Plant,Paguthan, GPEC

→ Private Equity into Power Mech→ First major international work in Libya, 2X157 MW Erection

of 2 Gas Turbines, BHEL→ First ETC of 1X500 MW Boiler & Auxiliaries including ESP,

Mejia, BHEL→ Erection of Structural, Steam Generator & Auxiliaries of 3

Boilers for India’s two UMPP 800 MW unit (Gujarat, TataPower), Doosan & 6X660 MW unit, Sasan, R Infra

→ Listing in BSE & NSE, overwhelming responsesubscribed by 38 times

→ Major O&M of 4X600 MW at Jharsuguda, Vedanta→ Started manufacturing facility at Noida→ Entry in Steel Sector, Erection & Fabrication work 3.0

MTPA & 2.7 MTPA, Nagarnar (NMDC) & Angul (JSPL)→ First FGD Work 500 MW, Vindhyachal, GE

→ Incorporation of the Company→ Foray in Power Sector Business

1999 2002-04 2007-09 2010-12 2014-16

→ Completed major international projects at Shuqaiq, KSA (4X660MW,SEC) & Bheramara, 360 MW (L&T, Bangladesh)

→ Entry into Oman, Saudi Arabia, Bahrain and Nigeria→ First O&M project in Public Sector, 2X600 MW, Singareni Collieries→ Strategic foray into Railway, RVNL, composite package (37 Km, AP) &

Rural Electrification, 33/11 KV Hoshangabad, MPMKVVCL→ Entry for cross country laying of pipe lines, IOCL→ Prestigious project Infrastructure Development, Med Tech Zone, A.P→ Quantum jump in its diversification efforts in the area of iron ore

material handling & associated works

→ Major orders in Super Critical Projects 660 MW, Erection,Structural Fabrication works, Sepco, Adani, BGR, CLP

→ First major Civil Work 2X520 MW, (Vizag, HNPCL), BHEL→ Entry in Industrial Sector Mechanical & Piping work in

Refineries (Dahej, ONGC & Paradeep, IOCL)→ First major Erection of Gas Turbine & Civil Work, 4X100

MW, Yemen, Marib, BHEL→ Entry in Hydro Power O&M & Mini EPC

2017-21

4

Established a track record of successfullyexecuting ETC-BTG and BOP contracts forlarge power projects

Engaged on ETC-BTG projects for the firsttwo ultra-mega power projects (UMPPs)(Mundra & Sasan) as well as for 19 super-critical power projects in India

These include up to 800 MW unit capacitysuper-critical projects

Carried out the overhauling of a super-critical 660 MW turbine and providing AMCservices for an ultra-mega power project(UMPP)

In addition to our operations in India, wehave also executed various internationalpower projects in the Middle East, NorthAfrica, South Asia and South America.

Track record of ~21 years

26,00,000 MT of aggregate tonnage of the erection works executed

64,000 MW, engaged on ETC-BTG and BOP Works so far

55,000 MW, the aggregate unit capacity of the AMCs we are engaged in

520 Number of O&M contracts that we have been engaged in, since thecommencement of the O&M businessNumber of Cranes, ranging from 10 ton to 300 ton in capacity enablingthe Company to quickly and effectively mobilize project works

Established Track RecordIntegrated power infrastructure services

Established a track record of successfullyexecuting ETC-BTG and BOP contracts forlarge power projects

Engaged on ETC-BTG projects for the firsttwo ultra-mega power projects (UMPPs)(Mundra & Sasan) as well as for 19 super-critical power projects in India

These include up to 800 MW unit capacitysuper-critical projects

Carried out the overhauling of a super-critical 660 MW turbine and providing AMCservices for an ultra-mega power project(UMPP)

In addition to our operations in India, wehave also executed various internationalpower projects in the Middle East, NorthAfrica, South Asia and South America.

Number of O&M contracts that we have been engaged in, since thecommencement of the O&M business

300 Number of Cranes, ranging from 10 ton to 300 ton in capacity enablingthe Company to quickly and effectively mobilize project works

45 Number of AMC services for power plants across India

19 Number of super critical power projects where we executed ETC-BTGprojects

2 We executed ETC-BTG for both first 2 UMPPs in India

170 Km’s of Cross Country Pipeline

4,00,000 Cubic meter of earth work completed under Railway Project

1,00,000 Cubic meter ballast supplied to Railways

5

Our Service presence across key areas

Power Projects (Ultra Mega, SuperCritical, Sub Critical & CombinedCycle Power Projects), Nuclear,Refinery & Petro Chemicals, SteelPlant, Oil Pipe Line & Cement Erection, Testing &

Commissioning of BTG & BOP Steam Generators & Auxiliaries Steam Turbine Generators & TG

Auxiliaries Critical Piping, LP & HP Piping Structural Steel, Coal Handling

Plant, Ash Handling, CoolingWater System, Fuel Oil System

ESP, Ducts, FGD & SCR

Industrial ConstructionIndustrial Construction Industrial Services (O&M)

Overhauling and Maintenance ofBoiler, Turbine & Auxiliaries

R&M of BTG, GTG Repair, Modification and

Rehabilitation of Boiler Revival and Life Extension, etc Coal Handling Plant BOP packages Trouble Shooting Upgrade & Retrofits Rebuilds & Plant Relocation

International Operations

Erection, Testing & Commissioning of Oil Fired Boiler, HRSG,Reserve/Auxiliary Boiler & BOP

Steam Turbine Generators &Auxiliaries, Gas TurbineGenerators & Auxiliaries

Combined Cycle Power Piping,LP & HP Piping, HighPressure Piping, Structural Steel,Plant, Cooling Water System,Fuel Oil System

ESP, Ducts, & SCR, RotatingEquipment‘s

Desalination Plants Civil Works

Infrastructure Construction (Civil)

Power Plants, Railway, IndustrialProjects etc. Foundation, Decks, Plant

Buildings, Chimney & CoolingTowers

Geothermal Soil Exploration Mass Excavation, Area Grading &

Land Development Bored Cast & Driven Cast Piping Water & Canal Works Permanent Way – EWE Permanent Way Linking Works Track Linking Minor & Major Bridges Industrial Buildings

Power Projects (Ultra Mega, SuperCritical, Sub Critical & CombinedCycle Power Projects), Nuclear,Refinery & Petro Chemicals, SteelPlant, Oil Pipe Line & Cement Erection, Testing &

Commissioning of BTG & BOP Steam Generators & Auxiliaries Steam Turbine Generators & TG

Auxiliaries Critical Piping, LP & HP Piping Structural Steel, Coal Handling

Plant, Ash Handling, CoolingWater System, Fuel Oil System

ESP, Ducts, FGD & SCR

6

Overhauling and Maintenance ofBoiler, Turbine & Auxiliaries

R&M of BTG, GTG Repair, Modification and

Rehabilitation of Boiler Revival and Life Extension, etc Coal Handling Plant BOP packages Trouble Shooting Upgrade & Retrofits Rebuilds & Plant Relocation

Erection, Testing & Commissioning of Oil Fired Boiler, HRSG,Reserve/Auxiliary Boiler & BOP

Steam Turbine Generators &Auxiliaries, Gas TurbineGenerators & Auxiliaries

Combined Cycle Power Piping,LP & HP Piping, HighPressure Piping, Structural Steel,Plant, Cooling Water System,Fuel Oil System

ESP, Ducts, & SCR, RotatingEquipment‘s

Desalination Plants Civil Works

Power Plants, Railway, IndustrialProjects etc. Foundation, Decks, Plant

Buildings, Chimney & CoolingTowers

Geothermal Soil Exploration Mass Excavation, Area Grading &

Land Development Bored Cast & Driven Cast Piping Water & Canal Works Permanent Way – EWE Permanent Way Linking Works Track Linking Minor & Major Bridges Industrial Buildings

Our Service presence across key areas (cont..)

Extra High Voltage SubstationWorks

Construction of 33/11 KvSubstations

Strengthening of existingSubstations

Construction of 33 Kv & 11 KvLines

Construction of Transmission ofLines

Optical Fiber Networks

OHE, S&T

Industrial ConstructionElectricals Hydro Power & Water

Supply & construction of Hydropower plants

Renovation & modernization

AMC & O&M, after salesservices, spares management,RLA Study, LTSA

Trouble shooting of chronicproblems by providing valueadded technical solutions inElectromechanical and Hydro-mechanical fields

EPC of mini hydro projects

Sewage treatment plant(STP’s)

Manufacturing

Fabrication of Heavy Structures,

Large & High Pressure Tanks,

Heavy Trusses, Ducts, Pipes etc

Repair of Steam & Hydro

Turbines

Tie-up with Major OEMCompanies for authorizedproduction of critical & generalspares, etc

Reverse Engineering of spares

Extra High Voltage SubstationWorks

Construction of 33/11 KvSubstations

Strengthening of existingSubstations

Construction of 33 Kv & 11 KvLines

Construction of Transmission ofLines

Optical Fiber Networks

OHE, S&T

7

Supply & construction of Hydropower plants

Renovation & modernization

AMC & O&M, after salesservices, spares management,RLA Study, LTSA

Trouble shooting of chronicproblems by providing valueadded technical solutions inElectromechanical and Hydro-mechanical fields

EPC of mini hydro projects

Sewage treatment plant(STP’s)

Fabrication of Heavy Structures,

Large & High Pressure Tanks,

Heavy Trusses, Ducts, Pipes etc

Repair of Steam & Hydro

Turbines

Tie-up with Major OEMCompanies for authorizedproduction of critical & generalspares, etc

Reverse Engineering of spares

Company Strengths

Large talent with Highly Experienced ManagementTeam with strong industry background

Strong execution capabilities across verticals

Marquee clientele: Long-term relationships withmajor OEM, EPC players and Utility companies

Project handling capabilities across the globe

Qualified Independent Board & best CorporateGovernance

Comprehensive service provider in PowerSector

Largest service provider in O&M space

Well diversified business profile with stablerevenue generating higher margins

Large talent with Highly Experienced ManagementTeam with strong industry background

Strong execution capabilities across verticals

Marquee clientele: Long-term relationships withmajor OEM, EPC players and Utility companies

Project handling capabilities across the globe

Qualified Independent Board & best CorporateGovernance

Huge Asset Base with over 300 Cranesand construction equipments

Well diversified business profile with stablerevenue generating higher margins

Robust Financials

8

Qualified BoardSajja Kishore Babu, CMDFounder of the company holds bachelor’s degree inMechanical Engineering. He has 35 years of experiencein power and infra sector. He is an able administratorand Dynamic Leader, and he also serves the board ofsubsidiary & JVs

Vivek Paranjpe, Independent DirectorB. Sc (Honors), post graduated from XLRI, over 40 years ofexperience, served as Group President of RIL. CurrentlyStrategic HR advisor to RIL and Independent Director,MotilalOswalFin. Services

Sajja Lakshmi, Non Executive DirectorShe is a science graduate and holds place in HRmanagement of the company & also member of CSRcommittee of the company. She is interested in socialservice activities offering her time and energyEnthusiastically

GDV Prasada Rao, Independent DirectorM.E(Chem), retired as a GM in Andhra Bank after ~28years, currently VP of HEAL, an NGO working withorphans & poor children

Vivek Paranjpe, Independent DirectorB. Sc (Honors), post graduated from XLRI, over 40 years ofexperience, served as Group President of RIL. CurrentlyStrategic HR advisor to RIL and Independent Director,MotilalOswalFin. Services

M Rajiv Kumar, Non Executive DirectorGraduate in electrical engineering, he spent his entirecareer of 38 years in BHEL, rising to the level ofExecutive Director, Power Sector, Eastern Region

GDV Prasada Rao, Independent DirectorM.E(Chem), retired as a GM in Andhra Bank after ~28years, currently VP of HEAL, an NGO working withorphans & poor children

T. Sankaralingam, Independent DirectorB.E(Elec), around 40 years of experience in the powersector, served as CMD of NTPC and MD of BGR Energyin the past. Also worked at BHEL

9

Lasya. Y, Independent DirectorPost Graduate in Management from ISB, MS in Electricalengineering from university of Texas. She has 15 years ofexperience in IT Project Management and delivery , clientengagement

Professional and Experienced Management TeamS Kodandaramaiah, Director – Business DevelopmentPost graduate in mechanical engineering. More than 4 decades ofexperience in power and industry sector related to EPC, Construction,project management, Business Development. Worked in BHEL, GE.

Janardhan Kar, Director O&MRich experience of more than 40 years in the field of Power Sector. Hewas associated with NTPC & Chattisgarh State Power Generation Co.

M. Rajendran, COODegree in Civil Engineering. He has more than 38 years ofexperience in construction & project management in power &industrial sector. He was associated with BHEL .

G. Srinivasulu – Executive Director (Non Board)Has more than three decades of rich experience in the PowerSector dealing in Project & Construction Management,Erection & Commissioning.

S Amarnath: Executive Director (Non Board)Diploma in Civil Engineering with 35 years of experience in Power andIndustrial Construction. Previously he was associated with IndwellConstructions.

J. Satish , CFOMBA, Chartered Accountant by Profession. He has got more than 18years of experience in the field of Finance & Accounts. He has workedwith PWC, Deloitte, Kerzner International, Indu Projects & Emaar .

Anantha Reddy, VP- Electrical T&DMBA in Project Management, B.E.E. (AMIE) Kolkatta & Diploma inElectrical Engineering. 28 Years of Experience in BusinessDevelopment, Project Management and Site Execution of T&D.

Arbind Koul, MD Hydro Magus P.Ltd38 years of experience in installing, maintaining, and repairingHydro Generators and Hydro Turbines. He was associated withBHEL and BC Hydro Britsh Columbia, Canada.

K Ajay Kumar, Sr.VP – O&MBE Mechanical, he has more than 23 years of experience inOperation & Maintenance, Business Development. Previouslyhe was associated with Indwell Constructions.

Biswajit Das - VP – O&MB Sc Engineering (Electrical). With more than 30 years ofexperience in erection, commissioning and maintenance oflarge power plants. He was with Lanco Infratech .

10

Key ShareholdersShareholding Pattern

7.21%

S No Name Shares Category Percentage

1 Promoters & Family 92,83,955 Promoter 63.11%

2 HDFC Small Cap Fund 10,03,126 MUT 6.82%

3 IDFC Multi Cap Fund 4,17,737 MUT 2.84%

2.692.73 3.76

0.652.71

Promoters

Resident Individuals

Mutual funds7.21%

11

3

4 Banyan Tree Growth Capital II LLC 3,56,051 FPI 2.42%

5 Bekem Infra 1,24,203 LTD 0.84%

6 First Water Fund 40,000 FPC 0.27%

7 Adesh Ventures LLP 36,875 LTD 0.25%

8 NRI Vantage Equity Fund 27,281 AIF 0.19%

9 Long Term Equity Fund 22,152 AIF 0.15%

63.1114.69

9.66Mutual funds

AIFs

FP-Corp

Bodies Corporate

NRI

Others

Established Relationships with Clients – Domestic Projects

12

Established Relationships with Clients – International Projects

13

Large constructionequipment base

Large constructionequipment base

Primavera&

MS Project-Application

SAPSite level, Support

functionsProductivity

Infra for Project Management

Primavera&

MS Project-Application

8,700 HR BaseEngineers, Supervisors,Technicians, HSE, FQA

Other Staff

SBU HeadsFor Project

Responsibility

SAPSite level, Support

functionsProductivity

Capability CentersConstruction, Quality, Safety, Facility Engineering

14

Business StrategyExpanding the services footprint & leveraging technical expertise to target higher margin contracts

Back ward and forwardintegration has been at the core

of the Company’s businessconsolidation and growth, and

this motto continues to drive thefuture endeavors

Expanding O&M profile andincreased penetration in thedomestic sector of IPP base,

Utility sector of Central and Stateutilities, Captive Thermal powerbase, and integrating the spares

business

Entering into value added servicesby synergizing the existing ETC

capabilities into non-power sectorfor increased business growth in

metal, steel, minerals,petrochemicals etc.

To integrate the constructioncapabilities with EPC

opportunities available in materialhandling jobs using the strong

Civil and ETC base alreadyestablished for improved growth

15

Further geographical expansion inexport space and consolidation of

business in Middle East, Africa,Bangladesh for new investments

in petro chemicals, refineries,desalination plants

Identifying feasible and rewardingEPC contracts in infra segment in

Railway, Roads, Urban InfraDevelopment, Energy,

Transmission and Distribution

Continued efforts to foray intoFGD retrofit investments takingplace with suitable tie ups with

EPC players and technologyproviders

Enhancing project executioncapabilities and project deliverymechanism for better utilization

of existing assets, human andcapital resources for improved

asset turnover, and strengtheningIT infra for real time project

execution and timely execution ofprojects.

O&M(AMC, R&M,

Troubleshooting

etc)

Solar

ThermalDomesticHydro

Expanding of O&M service into other sectors & new horizons

O&M(AMC, R&M,

Troubleshooting

etc)

GAS(Power)

Exports(Thermal)

Refinery &Petro

Chemicals

CaptivePower

Steel

Fully developed

To be developed

Partially developed

16

Expanding Horizons……

…..Broadening Capabilities

Expanding Horizons……

…..Broadening Capabilities17

Q3 FY21 – YoY Consolidated Financial PerformanceTotal Income EBIDTA PAT

INR in million

5,474

5,179

5,000

5,100

5,200

5,300

5,400

5,500742

315

-

200

400

600

800

13.6%

6.1%

364

31

-

100

200

300

400

6.6%

0.6%

Erection Civil & Other WorksO&M Electrical Works

Q3 Revenue

18Note: Covid impacted operations significantly, hence the current results are not comparable with previous quarter performance

Q3FY20 Q3FY21 Q3FY20 Q3FY21 Q3FY20 Q3FY210.6%

2,015

1,330

-

500

1,000

1,500

2,000

2,500

Q3FY20 Q3FY21

1,626

1,714

1,550

1,600

1,650

1,700

1,750

Q3FY20 Q3FY21

340

192

-

100

200

300

400

Q3FY20 Q3FY21

1,4731,836

-

500

1,000

1,500

2,000

Q3FY20 Q3FY21

9M FY21 – YoY Consolidated Financial PerformanceTotal Income EBIDTA PAT

INR in million

15,760

11,423

-

5,000

10,000

15,000

20,000

9MFY20 9MFY21

2,115

(211)(500)

-

500

1,000

1,500

2,000

2,500

9MFY20 9MFY21

13.4%

999

(800)(600)(400)(200)

-200400600800

1,0001,200

9MFY20 9MFY21

6.3%

-7.1%

Erection Civil & Other WorksO&M Electrical Works

9M Revenue

19Note: Covid impacted operations significantly, hence the current results are not comparable with previous quarters performance

9MFY20 9MFY21 (211)(500) 9MFY20 9MFY21 -1.8% (813)(1,000)(800)

5,597

2,805

-1,0002,0003,0004,0005,0006,000

9MFY20 9MFY21

4,741

4,376

4,1004,2004,3004,4004,5004,6004,7004,800

9MFY20 9MFY21

1,048

499

-200400600800

1,0001,200

9MFY20 9MFY21

4,286

3,583

3,2003,4003,6003,8004,0004,2004,400

9MFY20 9MFY21

12M FY20 – YoY Consolidated Financial PerformanceTotal Income EBIDTA PAT

INR in million

22,754

21,740

21,000

21,500

22,000

22,500

23,000

12MFY19 12MFY20

3,049

2,801

2,600

2,700

2,800

2,900

3,000

3,100

13.4%

12.9%

1,216

1,313

1,150

1,200

1,250

1,300

1,350

5.3%

6.0%

Erection Civil & Other WorksO&M Electrical Works

12M FY 20 Revenue

20

12MFY19 12MFY20 12MFY19 12MFY201,150

12MFY19 12MFY20

7,440

7,492

7,400

7,420

7,440

7,460

7,480

7,500

12MFY19 12MFY20

5,660

6,475

5,000

5,500

6,000

6,500

7,000

12MFY19 12MFY20

1,041

1,470

-200400600800

1,0001,2001,4001,600

12MFY19 12MFY20

8,425

6,167

-

2,000

4,000

6,000

8,000

10,000

12MFY19 12MFY20

13,778 13,344 15,439 22,566 21,604

Contract Revenue

FY20 Financial Performance (consolidated) INR in million

Revenue mix with high-margin O&M services segment

5%2%

Profit After Tax inching higherEBITDA Margins continue to remain healthy….

21

FY20 Financial Performance (consolidated) INR in million

High Asset Turnover … testament to higher efficiencyHealthy net debt equity ratio provides significant headroom for growth

22

Robust Order Book: Stronger Revenue visibility for next 3 years

49 %

85%

15%

INR in million

27,715

35,23837,050

42,677

47,83045,748

30,000

40,000

50,000

60,000

Contract Revenue

34%

55%

23

Note: 1. Projects cancelled / suspended / on hold are excluded from the above2. Order back log as on 31st March 2020 Rs 45,748 Mn3. Order back log as on 31st Dec 2020 Rs 62,846 Mn4. Order back log as on 16th Feb 2021 Rs 73,530 Mn (excluding execution post 31st Dec 2020)

13,778 13,34415,439

22,566 21,604

15,37517,950

21,064

27,715

19,523

-

10,000

20,000

30,000

FY 16 FY 17 FY 18 FY 19 FY 20

Order Inflow

Order Back Log

Robust Order Book: Stronger Revenue visibility for next 3 years (cont..)Order backlog as on 31st March 2020 Rs. 45,748 Mn

INR in million

Order Inflow during 12 M FY 20 (up to 31st March 2020) Rs. 19,523 Mn

5,818

6,591-

7,114Erection

O&M

Electrical Works

Civil & Other Works

30 %

34 %

36 %

Power : 83% & Non Power 17%

20,541

2,975

12,273 Erection

O&M

Electrical Works

Civil & Other Works

45 %

7 %

26 %

24

Order Inflow up to 31st Dec 2020 Rs. 28,362 Mn Order backlog as on 31st Dec 2020 Rs. 62,846 Mn #

Power : 44% & Non Power 56%

# 1. Order back log as on 16th Feb 2021 Rs 73,530 Mn (excluding execution post 31st Dec 2020) .2. Back log oder book exclude projects cancelled / suspended / on hold

6,591 Power : 83% & Non Power 17% 9,95922 %

7 %

Power : 70% & Non Power 30%

5,562

2,621-

20,179

Erection

O&M

Electrical Works

Civil & Other Works

20%

9%

71%

23,299

8,2022,476

28,869Erection

O&M

Electrical Works

Civil & Other Works

37%

13%4%

46%

Power : 59% & Non Power 41%

INR in millionBalance Sheet (Consolidated)Income Statement (Consolidated)

Financial Snapshot | Consolidated Income Statement & Balance Sheet

Particulars FY16 FY17 FY18 FY19 FY20 H1 FY21

Assets

Fixed Assets 1,978 2,062 2,025 1,899 1,787 1,631

CWIP (incl. unallocated capex) 220 119 60 33 26 39

Non-current investments - 9 1 313 329 283

Other Non Current Assets 1,872 1,936 1,966 2,663 2,579 2,764

Total Current Assets 8,305 8,697 10,396 13,078 17,481 16,278

Particulars FY16 FY17 FY18 FY19 FY20 H1 FY21

Revenue from operations 13,782 13,382 15,478 22,613 21,647 6,204

Other Income 55 77 67 141 93 40

Total Income 13,837 13,459 15,546 22,754 21,740 6,244

Cost of materials 1,145 1,245 1,964 3,264 3,239 851

Change in inventories 5 -29 -85 31 -120 -47

Contract execution exp. 8,989 7,928 8,145 12,151 12,302 4,372

Personnel Cost 1,549 2,265 3,122 3,932 3,248 1,462

25

Less: Current Liab. & Prov. 6,343 6,273 7,623 9,418 12,748 12,983

Net Current Assets 1,962 2,424 2,774 3,660 4,733 3,295

Cash & bank 686 805 1,397 1,284 1,193 1,704

Total 6,718 7,355 8,222 9,852 10,647 9,716

Liabilities

Long Term Borrowings 214 155 277 452 298 181

Deferred Tax Liabilities 42 21 - - -

Other Non Current Liabilities 910 950 822 1,125 756 823

Minority Interest 4 21 138 81 81 46

Shareholder's Fund 5,548 6,207 6,985 8,194 9,512 8,666

Total 6,718 7,355 8,222 9,852 10,647 9,716

Personnel Cost 1,549 2,265 3,122 3,932 3,248 1,462

Other expenses 275 313 310 327 270 131

Sub-total 11,963 11,722 13,456 19,705 18,939 6,769

EBIDTA 1,875 1,737 2,090 3,049 2,801 -525

Finance costs 329 329 359 551 741 389

Depreciation and amort. 390 410 428 458 394 179

Share of profit from JV’s 3 6 -2 15 16 -49

PBT 1,158 1,004 1,300 2,056 1,682 -1,142

PAT (before MI) 757 651 908 1,432 1,307 -878

Minority Interest 2 0 113 216 -6 -34

Restated PAT (after MI) 755 651 795 1,216 1,313 -844

PAT Margin 5.50% 4.80% 5.10% 5.30% 6.00% -13.50%

Our ProjectsOur Projects

26

INDUSTRIAL CONSTRUCTION: DOMESTIC PROJECTS (ERECTION, TESTING & COMMISSIONING)

1X660 MW TPP, BTG, HARDUAGANJ, DOOSAN 3X660 MW ,BOILER, ESP,CP, STRUCTURE & STG,NABINAGAR, BHEL

2X500 MW STPP,BOILER, ESP STG,VINDHYACHAL, BHEL (COMPLETED)

BOILER, ESP, TG AUXILIARIES, UMPP800 MW, GUJARAT, TATA POWER(COMPLETED)

BOILER, ESP, STRUCTURE, TGAUXILIARIES,UMPP 6X660MW, SASAN, RINFRA (COMPLETED)

3X800MW, BOILER, ESP, PIPING, STGKUDGI , DOOSAN, L&T & TOSHIBA

2X600MW TPP, BOILER &STG, MANGALORE, LANCO (COMPLETED)

2X660 MW IBTPS, STRUCTURE &STG, BANHARPALLI, BHEL

2X660 MW JTPP, BOILER,ESP &CP, JHAJJAR, STEPC (COMPLETED)

2X660 MW STPP, BOILER, ESPU#1&2, SOLAPUR, BGRESL

3X660 MW STPP, BOILER & CRITICALPIPING, U#1,2&3, BARH, DOOSAN

BLAST FURNACE, STEEL PLANTWORK, JSPL, ANGUL

R-LNG PIPELINE FROM ENNORELNG TERMINAL TO MFL-ENNORE, IOCL

366 MW REFINARY, GTG, STG, HRSG& PIPING, PARADIP, BHEL

2X660 MW STPP, BOILER , ESP, STRUCTURE &STG U#7&8, SURATGARH, BHEL

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1X800 MW TPSS, CIVIL, STRUCTURAL ANDARCHITECTURAL WORK UNIT-12, KOTHAGUDEM, BHEL

1X800 MW TPSS, CIVIL, STRUCTURAL ANDARCHITECTURAL WORK STAGE-3, NORTHCHENNAI, BHEL

GDV-MTM 37 ,DOUBLING &ELECTRIFICATION WORKS , RVNL

1X500MW, FGUTTP, CIVIL, STRUCTURALAND ARCHITECTURAL WORK FORBTP, BOP & CHP, UNCHAHAR, NBPPL

2X800 MW, YTPS, CIVIL, STRUCTURALAND ARCHITECTURAL WORKSRAICHUR, BHEL (COMPLETED)

INFRASTRUCTURE CONSTRUCTION : CIVIL, ARCHITECTURAL & RAILWAY WORKS

3X366 MW CCPP, CIVIL, STRUCT.& ARCH. WORK, IOCLPARADIP, BHEL

1X100 MW CCPP, BALANCE CIVIL &STRUCTUAL WORKS, NAMRUP, BHEL(COMPLETED)

2X660 MW TP9, CIVIL, STRUCTURAL &ARCHITECTURAL WORK UNIT-7 &8, SURTGARH, BHEL

3X660 MW, STPP, STG,BOP ,NORTHKARNAPURA, BHEL

1X110 MW, CIVIL AND STRUCTURALWORKS ,R&M OF MAINPLANT, BATHINDA, BHEL(COMPLETED)

1X800 MW TPSS , CIVIL, STRUCTURALWORKS, NORTH CHENNAI, BHEL

1X500 MW, FGUTTP, CIVIL, STRUCTURALAND BOP & CHP, UNCHAHAR, NBPPL

INFRASTRUCTURE DEVELOPMENTWORK, AP MEDI TECH ZONE, VIZAG

INFRASTRUCTURE DEVELOPMENTWORK, AP MEDI TECH ZONE, VIZAG

KALWESHWARAM CANALPROJECT, 54 KM RAMAYAMPET

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INTERNATIONAL OPERATIONS

250 MW SABIYA CCPP, KUWAITINSTALLATION OF HRSG

2X157 MW GT POWER PLANT, LIBYA(COMPLETED)

6X200 MW HEP, BHUTANINSTALLATION OF HYDROTURBINE & GENERATOR

1800 MW ALBA CCPP, BAHRAINETC OF GTG,STG,HRSG & BOP

360MW BHERAMARACCPP, BANGLADESH INSTALLATIONOF GTG, STG & HRSG

1516 MW IBRI CCPP, OMAN ETCHRSG,TG

1516 MW IBRI CCPP, OMAN ETC HRSG,TG 1390MW WAAD ALSHAMALISCCPP, SAUDI ARABIAETC OF HRSG

228MW, STEAMTURBINE,SABIYA,KUWAIT, MAIN OIL PUMPOVERHAULING

1519 MW FADHILI COMBINED HEATAND POWER (CHP) PLANT KSA

2X640 MW SHUQAIQ THERMAL POWERPLANT, SAUDI ARABIA (COMPLETED)

35 MW GT POWER PLANT, KAZAKSTHAN 1519 MW FADHILI CCPP, SAUDIARABIA GTG,STG & BOPINSTALLATION

1390MW WAAD ALSHAMALISCCPP, SAUDI ARABIA ETCOf HRSG

3X 126 MW, KHOMS, GECOL, LIBYATOP CASING LIFTING

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SIEMENS -138MW GAS TURBINEPAGUTHAN

TG OVERHAUING 600MW JHARSUGUDAVEDANTA

BEARING DIASSEMBLY AT NTPC-SIMHADRI CONTROL & STOP VALVES OVERHAULINGSIPAT 660MW

OPERATION AND MAINTANENCE

MAIN TURBINE OVERHAULING ,660 MWKAWAI

TURBINE AOH, 600 MW UDIPI ID FAN AOH,800 MW CGPL MUNDRA UREA REACTOR TANK INSTALLATION ATRAMAGAUNDAM, TELANGANA

CAPITAL OVERHAULING OF TURBINE63MW, SV POWER , KORBA - ROTOR LIFTING-3

HP HEATER REPLACEMENT 800MW ,CGPLMUNDRA2

CUPLOCK SCAFFOLDING ERECTION800MW,MUNDRA

MSH LINE MODIFICATION, 600 MWSINGARENI

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MANUFACTURING UNIT (NOIDA) CNC SECTION (NOIDA) SR FURNACE (NOIDA) CNC OXY FUEL CUTTING (NOIDA)

MANUFACTURING FACILITY & HYDRO POWER SERVICES

HYDRO GENERATOR UNDER ASSEMBLY FORSUNDARIJAL HYDRO PROJECT, NEPAL

FRANCIS RUNNER ASSEMBLY UNDERGOINGNDT TESTING FOR UPPER KALLAR HYDROPROJECT, KERALA

TURBINE EQUIPMENT ASSEMBLYSUNDARIJAL HYDRO PROJECT, NEPAL

NEWLY REWOUND 30MW HYDRO GENERATORAT UMIAM STG-III HYDRO PROJECT

HEAVY DUTY CENTRE LATHES( NOIDA) VTL(MANUAL+CNC (NOIDA) PLANO MILLER, CND (NOIDA) 3 ROLL PLATE BENDING MACHINE (NOIDA)

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21 Investor Presentation

Thank You

21 Investor Presentation

For investor queries, please contact:Ph: +91-040-30444418Email: cs@powermech.net

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