GPT Infraprojects limited — Earnings Release 2021

Nov 3, 2021

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GPT Infraprojects Limited

Regd. Office : GPT Centre, JC-25, Sector-III, Salt Lake, Kolkata – 700 106, India CIN: L20103WB1980PLC032872 Tel: +91-33-4050-7000 Fax: +91-33-4050-7999 Email: info@gptgroup.co.in Visit us: www.gptgroup.co.in

GPTINFRA/CS/SE/2021-22 November 03, 2021

The Department of Corporate Services, BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400001

National Stock Exchange of India Ltd., Exchange Plaza, Plot no. C/1, G Block, Bandra-Kurla Complex, Bandra (E), Mumbai - 400 051

Dear Sir/Madam,

Sub. : Press Release on Q2FY22 Financial Results

Ref.: Scrip Code – 533761, Scrip ID – GPTINFRA

In compliance with Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the Company’s Code of Practices and Procedure for Fair Disclosure of Unpublished Price Sensitive Information, kindly find enclosed herewith a press release on the unaudited Financial Results for the 2[nd] quarter and half year ended September 30, 2021.

Kindly take the aforesaid information on record and oblige.

Thanking you,

Yours faithfully,

For GPT Infraprojects Limited,

Digitally signed by ANATHA ANATHA BANDHABA BANDHABA CHAKRABARTTY CHAKRABARTTY Date: 2021.11.03 16:35:02 +05'30'

A B Chakrabartty

(Company Secretary) Membership No.-F-7184

Encl. a /a.

For immediate release

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GPT INFRAPROJECTS LIMITED

CIN: L20103WB1980PLC032872

Regd. Office: GPT Centre, JC-25, Sector III, Salt Lake Kolkata - 700 098, West Bengal, India Phone: +91 33 4050 7000 Email: info@gptgroup.co.in

GPT INFRA Reports Results for the Second Quarter and Half Year ended of Fiscal 2021-22

Revenue for H1FY22 stood at Rs 245.3 crores, a growth of 17.7% y-o-y

Healthy order book at ~Rs 1732 crore, almost 3X times of FY21 revenues

Kolkata, November 03, 2021: GPT Infraprojects Limited (GPT) (BSE: 533761; NSE: GPTINFRA) reported its financial result for the Second Quarter (Q2) and First Half (H1) of Fiscal 2021-22 (FY22). During the H1FY22, the standalone total income stood at Rs 247.9 crore as compared with Rs 210.6 crore in H1FY21. The economic activities gained momentum during the second quarter of the current fiscal amid successful vaccination drive and gradual move towards normalcy thereby maintaining the execution run-rate and profitability. The EBITDA came in at Rs 39.0 crore in H1 FY22 as against Rs 36.5 crore in H1FY21. The Profit After Tax for the period stood at Rs 8.6 crore million in H1FY22 as against Rs 4.6 crore in the corresponding half year of the last fiscal.

Key Financial Highlights for Q2FY22:

• Standalone Total Income stood at Rs 128.5 crore, is higher 10% q-o-q

• Standalone EBITDA stood at Rs 19.8 crore, marginally higher by 3% on q-o-q

• EBITDA margin diminish by 0.64 bps q-o-q to 15.4 % as against 16.1 % in Q2FY21

• Order backlog stands healthy at Rs 1732 crore (additionally, L1 for contracts worth

Segment Performance:

Infrastructure:

The Infrastructure segment recorded Revenue of Rs 95.6 crore for the quarter and Rs 197.3 crore for half year ended September 30, 2020 compared with Rs 106.4 crore in Q2FY21 and Rs 168.7 crore in H1FY21. The EBIT came in at 16.9 crores in Q2FY22 and Rs. 31.6 crore in H1FY21. The segment accounted for 74% of the net revenue from operations in Q2FY22 and xx% in H1FY22.

Sleeper:

The Sleeper segment recorded Revenue of Rs 32.8 crore for Q2FY22 and Rs 48.0 crore in H1FY22 compared with Rs 26.7 crores in Q2FY21 and Rs 39.6 crore in H1FY22. The EBIT came in at Rs 1.3 crore in Q2FY22. The segment accounted for 26% of the Net Revenue from operations in Q2FY22.

Commenting on the performance, GPT Chairman, Mr. Dwarika Prasad Tantia, said ,

“As per the latest leading economic indicators India’s economic growth is gradually rising towards pre-covid levels. The Government’s thrust towards infrastructure development is promising towards future growth of Indian infrastructure sector. Particularly Governments thrust in development of railways will create immense opportunity for future orders for your company. The execution for the first fiscal had an impact during the second quarter of current fiscal because of irregular rainfall at certain sites. However, the impact was not material leaving overall execution in-line with our expectations. Current order book as on 30. 09.2021 stood at Rs. 1732 crores. We envisage strong order inflow during the second half of the current fiscal and we are confident to meet our target for end of fiscal. With thrust in Railway sector and efficient execution capabilities your company is poised to deliver better performance going forward.”

(Rs in crore, except per share data)

Financial summary	Quarter Ended	Quarter Ended	Half Year Ended	Half Year Ended
	Sep -2021	Sep-2020	Sep-2021	Sep-2020
Total income EBITDA EBITDA Margin PAT	130.2 19.82 15.4% 4.4	134.3 21.4 16.1% 3.8 1.32*	247.9 39.1 15.9% 8.7 2.98*	210.6 36.5 17.5% 4.6 1.58*
Earnings per share *	1.51*

Note: * Not annualized

About GPT Infraprojects Limited (GPT): Incorporated in 1980, GPT is the flagship company of GPT Group, based out of Kolkata. GPT, a premier infrastructure company, operates through two segments – Infrastructure and Sleeper. The company made inroads into the Infrastructure segment in 2004 and is now an established Railway focused player, engaged in the execution of civil and infrastructure projects, especially large bridges and ROBs for Railways. In Sleeper segment, the company manufactures and supplies concrete sleepers for Railways in India and Africa. Its manufacturing units are located at Panagarh (West Bengal), Ramwa and Pahara (Uttar Pradesh), Ladysmith (South Africa), and Tsumeb (Namibia). GPT is the only Indian company which has presence in several countries for its concrete sleeper business viz. South Africa, Namibia, Bangladesh and Sri Lanka. The Company has strong project execution capabilities, healthy financial base, and enviable growth prospects across all areas of operation.

GPT Infraprojects Limited is listed on National Stock Exchange of India Limited and BSE Limited under Symbol: GPTINFRA, and Scrip Code: 533761, respectively. For more information about the company, please visit http://www.gptinfra.in

For further information, contact:

GPT Infraprojects Ltd | Phone: +91 33 4050 7000 | Email: investors@gptgroup.co.in