GPT Infraprojects limited — Earnings Release 2022

Jan 31, 2022

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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 January 31, 2022

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 Q3 & FY22 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and Disclosure Requirements) Regulations, 2015 and the Company’s Code of Practices and Procedure for Fair Disclosure of Unpublished Price Sensitive Information, kindly find enclosed herewith a press release on the Unaudited Financial Results for the 3[rd] quarter and nine months ended December 31, 2021.

Kindly take the aforesaid information on record and oblige.

Thanking you,

Yours faithfully,

For GPT Infraprojects Limited,

ANATHA Digitally signed by BANDHABA ANATHA BANDHABA CHAKRABARTTY CHAKRABARTT Date: 2022.01.31 Y 15:20:03 +05'30'

A B Chakrabartty (Company Secretary) Membership No.-F-7184

Encl. As Above

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 Third Quarter and Nine Months ended of Fiscal 2021-22

Revenue for 9MFY22 stood at Rs 404.9 crore, a growth of 9.6% y-o-y

Healthy order book at ~Rs 1790 crore, almost 3X times FY21 revenues

Interim Dividend of Re 1.50 (15%) per share

Kolkata, January 31, 2022: GPT Infraprojects Limited (GPT) (BSE: 533761; NSE: GPTINFRA) reported its financial result for the Third Quarter (Q3) and Nine months ending (9M) of Fiscal 2021-22 (FY22). During the 9MFY22, the standalone total income stood at Rs 408.8 crores as compared with Rs 374.6 crore in 9MFY21. The economic activities gained momentum during the third 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 61.4 crore in 9MFY22 as against Rs 59.2 crore in 9MFY21. The Profit After Tax for the period stood at Rs 14.8 crore million in H1FY22 as against Rs 11.3 crore in the corresponding nine months of the last fiscal.

Key Financial Highlights for 9MFY22:

• Standalone Total Income stood at Rs 404.9 crore, higher by 9.6% y-o-y

• Standalone EBITDA stood at Rs 61.4 crore, higher by 3.7% y-o-y

• EBITDA margin is in line at 15.1%.

• Order backlog stands healthy at Rs 1,790 crore

• Interim Dividend of Re 1.50 per share (15% of the face value) with record date of February 10, 2022

Segment Performance:

Infrastructure:

The Infrastructure segment recorded Revenue of Rs 139.2 crore for the quarter and Rs 336.5 crore for nine months ended December 31, 2020 compared with Rs 128.8 crore in Q3FY21 and Rs 297.5 crore in 9MFY21. The EBIT came in at 20.5 crores in Q3FY22 and 54.3 crores in 9MFY22 as against Rs 17.0 crore in Q3FY21 and Rs. 44.7 crore in 9MFY21. The segment accounted for 87.2% of the net revenue from operations in Q3FY22 and 83.1% in 9MFY22.

Sleeper:

The Sleeper segment recorded Revenue of Rs 20.4 crore for Q3FY22 and Rs 68.4 crore in 9MFY22 compared with Rs 39.0 crores in Q3FY21 and Rs 100.8 crore in 9MFY21. The EBIT came in at Rs 0.2 crore in Q3FY22. The segment accounted for 12.8% of the Net Revenue from operations in Q3FY22.

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

“The industry witnessed gradual pick-up in execution and ordering activities during third quarter. The same was witnessed in the sequential performance of the Company. During the 9MFY22 the total order inflow stood at Rs. 400 crores with total order book of Rs. 1,790 crores as on December 2021. We believe the future order pipeline is strong enabling us to maintain our order inflow in near future. There was no material impact from third wave of the pandemic. As infrastructure is a backbone of any economy, the momentum for the growth and future visibility is promising. At GPT Infraprojects we with our proficient team are well poised to capitalize on the future opportunities.”

	(Rsin crore, except per share data)	(Rsin crore, except per share data)	(Rsin crore, except per share data)	(Rsin crore, except per share data)
Financial summary	Quarter Ended		Nine months Ended
	Dec-2021	Dec-2020	Dec-2021	Dec-2020
Total income EBITDA EBITDA Margin PAT	160.8 22.4 13.9% 6.2	164.0 22.7 13.9% 6.7 2.3	408.8 61.4 15.1% 14.8 5.1	374.6 59.2 15.8% 11.3 3.88
Earnings per share *	2.1

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: gil.cosec@gptgroup.co.in