GPTINFRA/CS/SE/2021-22 June 21, 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. : Investor Presentation Q4 FY21

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, please find attached herewith a copy of Investor Presentation for dissemination to general public and Investors.

Kindly take the aforesaid information on record and oblige.

Thanking you,

Yours faithfully,

For GPT Infraprojects Limited,

ANATHA BANDHABA CHAKRABARTTY Digitally signed by ANATHA BANDHABA CHAKRABARTTY Date: 2021.06.21 16:10:46 +05'30'

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

Encl. a /a.

GPT Infraprojects Limited

Safe Harbour 2

This presentation and the accompanying slides (the "Presentation"), which have been prepared by GPT Infraprojects 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 securities, and shall not form the basis or be relied on in connection with any contractor binding commitment whatsoever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company
This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded
Certain matters discussed in this Presentation may contain statements regarding the Company's market opportunity and business prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guaranteeing of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of various international markets, the performance of the industry in India and world-wide, competition, the company's ability to successfully implement its strategy, the Company's future levels of growth and expansion, technological implementation, changes and advancements, changes in revenue, income or cash flows, the Company's market preferences and its exposure to market risks, as well as other risks. The Company's actual results, levels of activity, performance or achievements could differ materially and adversely from results expressed in or implied by this Presentation. The Company assumes no obligation to update any forward-looking information contained in this Presentation. Any forward-looking statements and projections made by third parties included in this Presentation are not adopted by the Company and the Company is not responsible for such third-party statements and projections

Q4FY21: A good quarter that culminated a year which saw a strong resurgence of ordering activity and smart recovery in the operational and financial performance after a disrupted Q1, while adhering to Covid-19 led restrictions

Outlook: While most of our projects are progressing well, we are closely monitoring the ground situation with regards to the second wave of Covid-19 and any impact thereon

Infrastructure

1. Performance: Revenue growth YoY for both Q4 and FY21, led by better execution in large contracts
2. Profitability: EBIT margin and expansion, for Q4 and FY21, led by better execution in large contracts
1. Order Inflow / Execution : Execution in Gazipur, Mathura Jhansi going on well. The Company has received new orders worth Rs 919 Crores in FY 20-21

Sleeper

1. Performance: Revenue growth YoY for both Q4 and FY21, led by DFCC and South Africa contracts
1. Profitability: EBIT margin and expansion led by better execution in DFCC and South Africa contracts
1. Order Inflow / Execution : Execution in South Africa and DFCC is much higher compared to previous year
1. International Operations: Namibian operations continue to operate at all time high capacity utilization with good cash flow and dividends to the shareholders

Commenced in the year 2004

Bridge construction and Industrial Infrastructure

Commenced in the year 1982

Monoblock and Pre-Stressed Concrete Sleepers

1. Infrastructure | Renowned Player for Integrated Solutions… 9

Straddles a wide range of niche project execution capabilities present in very few companies in the country. Involved in civil engineering projects pertaining to construction of Bridges, Railways, Roads, Urban-Transit and Industrial infrastructure. One of the only 3-4 companies which have constructed mega bridges for the Indian Railways

Steel Girder Bridges

Building of mega bridges with super steel structures across varied terrains

Bridges, Highways

Construction of bridges (RUB/ROB), elevated metro structures and concrete pavements for airports

Railway Tracks

Gauge conversion of railway tracks including earthwork, blanketing and track lining

Transportation / Industrial

Construction of railway sidings, merry-go-round railways and roads

…Having Demonstrated Engineering Skills in Turnkey Projects 10

Rail-cum-Road Ganga Bridge in Patna (Longest Steel Bridge in India)

Challenge

Unconventional structure over electrified tracks on busy routes

Outcome

Constructed complex cable-styled bridges & completed before time

Challenge

Massive volumes of steel fabrication & launching work for 4.6 km long bridge

Outcome

Successfully constructed the Longest Steel Bridge in India

Challenge

Interiors of Sunderban Delta; 9 mtr diameter wells in 15 mtr deep waters

Outcome

Innovative construction engineering of "floating caissons" with an effective approach

2. Concrete Sleeper | Among The Pioneers in India With a Strong Track Record 11

✓ One of the first few companies in India to commence manufacturing of Concrete Sleepers, in 1982 with a total manufacturing capacity of ~20,00,000 units
✓ Enhancing global presence through export orders from countries like Bangladesh, Mozambique, Sri Lanka and Myanmar
✓ Forayed into African markets via Joint Venture with local bodies and set up factories in South Africa and Namibia in 2009-10

Country	Factory	Capacity(units p.a)	Commission(year)
India	Panagarh,WB	480,000	1982
	Ikari, UP	400,000	2017
	Pahara,UP	400,000	2017
	SouthAfrica	500,000	2009
Africa	Namibia	200,000	2010

Track record of timely delivery within Targeted Costs

Over 15 mn Sleepers delivered till over the past ~40 years

UP Sleeper Plant set-up in Record Time of 6-9 months

Capitalising on the burgeoning expansion in India

Highest ever capital outlay in the Railway sector in India for 3 years and counting
Government Focus on infrastructure resulting in high order inflows

Further enhance our project execution capabilities

Extending our bidding discipline as we expand our operations
Continuing the enhancement of average ticket size of our projects towards building credentials for larger projects

Improving our productivity and competitiveness

• Focus on increasing efficiency and competitiveness of operations by continuously investing in state of the art construction machinery and equipment and related processes

Focus on Liquidity Management

• Continue to take steps to reduce costs, improve operational efficiencies and improve cash flows

Experienced Team at the Helm… 13

Dwarika Prasad Tantia Chairman

With an experience of over 45 years, he leads the Company's growth initiatives
Responsible for the Company's entry into the sleeper business both in India and internationally. He is the Hony. Consul of Ghana in Kolkata

Shree Gopal Tantia Managing Director

35 years experience in infrastructure
Possesses strong project execution capabilities and manages the company's diversified customer relationship

Atul Tantia ED & CFO

Graduated Magna Cum Laude from Wharton School in Finance and Systems Engineering
Leads the manufacturing operations, finance and accounts along with managing relationships with banks and financial institutions

Vaibhav Tantia Director & COO

Graduated Summa Cum Laude from Wharton School in Finance and Civil Engineering
Leads the EPC segment including management of projects and business development

…Independent Board of Directors 14

Prasad Khandelwal Independent Director

• Is a fellow member and holds certificate of practice with the ICAI. Has wide knowledge on subjects like Union Budget, Accounting, Corporate Laws, Corporate Governance and Income Tax matters.

Shankar Jyoti Deb Independent Director

• Holds a Bachelor's degree in Science and Bachelor's degree in Civil Engineering. Has completed a financial management programme from IIM, Calcutta. Has wide experience in designing, engineering and implementation of civil projects

Mamta Binani Independent Director

• A fellow member and holds certificate of practice with the ICSI. Was President of ICSI in 2016 and has more than 15 years of experience in Corporate Consultation & Advisory

Sunil Patwari Independent Director

• Holds PGDM degree from IIM, Ahmedabad and is an associate member with ICAI. Has wide experience in the area of Business Management, Accounts, Taxation and Finance

Key Financial Metrics 16

The Infrastructure segment revenue grew by 8.4% YoY in Q4FY21. The segment formed 79% of total revenues in FY21
The Sleeper segment revenue grew by 56% YoY in Q4FY21 and 37% YoY in FY21. The segment formed 21% of total revenues in FY21

▪ EBIT margins have improved across both Infrastructure and Sleeper segments on the back of cost rationalisation measures and higher operating leverage

Profit & Loss Highlights (Consolidated) 17

Consolidated (Rs mn)	Q4FY21	Q4FY20	y-o-y %	Q3FY21	q-o-q %	FY21	FY20	y-o-y %
Revenue	2122.6	1872.6	13.35%	1706.1	24.41%	6092.3	6,180.1	-1.42%
Other income	18.5	3.1	496.77%	6.3	193.65%	60.0	47.0	27.66%
Net Sales	2141.1	1875.7	14.15%	1712.4	25.04%	6152.3	6,227.1	-1.2%
Operating expenses	1881.9	1715.2	9.72%	1484.6	26.76%	5238.9	5,388.0	-2.77%
EBITDA	259.1	160.5	61.49%	227.8	13.74%	913.3	839.4	8.80%
EBITDA margin	12.11%	8.56%	3.55%	13.30%	-1.19%	14.85%	13.48%	1.37%
Depreciation	52.5	68.2	-23.02%	55.4	-5.23%	222.8	237.0	-5.99%
Interest	86.7	91.3	-5.04%	95.7	-9.40%	392.7	413.7	-5.08%
PBT	119.9	1.0	11890%	76.7	56.32%	297.8	188.7	57.82%
Tax Expenses	43.1	10.0	331.0%	28.6	50.70%	99.7	58.5	70.43%
PAT	76.8	-9.0	953.33%	48.1	59.67%	198.1	130.2	52.15%
PAT margin	3.59%	-0.48%	4.07%	2.81%	0.78%	3.22%	2.09%	1.13%
Share of Associate Profit & Minorities Interest	7.1	-18.5	138.38%	1.3	446.15%	4.0	20.1	-80.1%
PAT after Minorities	83.9	9.5	783.16%	49.4	69.84%	202.2	150.3	34.5%

▪ Significant increase in profit on Q4 FY21 witnessed compared to same quarter previous year.

▪ Primary reason for such increase is due to drop in depreciation and interest components.

▪ Marginal drop in full year revenue is due to lockdown impact in Q1

▪ 52% increase in profit after tax witnessed compared previous year due to better operations

▪ Highest ever Profit After Tax in the history of the Company

Profit & Loss Highlights (Standalone) 18

Consolidated (Rs mn)	Q4FY21	Q4FY20	y-o-y %	Q3FY21	q-o-q %	FY21	FY20	y-o-y %
Revenue	2036.85	1820.85	11.86%	1610.99	26.43%	5730.78	5952.92	-3.73%
Other income	37.17	9.97	272.82%	28.71	29.47%	89.11	48.61	83.33%
Net Sales	2074.02	1830.83	13.28%	1639.70	26.49%	5819.9	6001.5	-3.03%
Operating expenses	1815.20	1608.86	12.83%	1412.57	28.50%	4968.77	5165.55	-3.81%
EBITDA	258.82	221.96	16.61%	227.12	13.96%	851.12	835.97	1.81%
EBITDA margin	12.71%	12.19%	0.52%	14.1%	-1.39%	14.85%	14.04%	0.81%
Depreciation	39.26	44.99	-12.65%	40.18	-2.19%	169.73	179.90	-5.65%
Interest	85.20	88.70	-3.90%	93.41	-8.75%	384.96	400.68	-3.92%
PBT	134.26	88.26	52.12%	93.52	43.56%	296.33	255.39	16.03%
Tax Expenses	41.37	34.32	20.54%	26.58	55.64%	90.60	85.15	6.4%
PAT	92.88	53.93	72.22%	66.94	38.75%	205.73	170.24	20.85%
PAT margin	4.53%	2.96%	1.57%	4.16%	0.37%	3.58%	2.86%	0.72%

▪ Significant increase in profit on Q4 FY21 witnessed compared to same quarter previous year.

Better operational and performance metrics
Highest ever Profit After Tax in the history of the Company
Marginal drop in full year revenue is due to lockdown in Q1

Liabilities (Rs Mn)	Mar'21	Mar'20
Share Capital	291	291
Reserves	2,107	1,956
Shareholders' Funds	2,398	2,247
Minority Interest	27	20
Secured Loans	323	40
Trade payables	109	100
Deferred Tax Liabilities	40	31
Other liabilities	196	208
Long Term Provisions	45	44
Total Non-Current Liabilities	740	443
Trade Payables	1,360	1,790
Other Current Liabilities	525	585
Short Term Borrowings	2,214	2,252
Total Current Liabilities	4,099	4,627
Total Equity & Liabilities	7,237	7,317

Assets (Rs Mn)	Mar'21	Mar'20
Fixed Assets incl. CWIP	1,025	1,151
Investment in JV	258	264
Other Non Current Assets	911	962
Total Non-Current Assets	2,194	2,377
Inventories	944	912
Sundry Debtors	826	976
Cash and Bank	207	289
Short term Loans and Advances	25	26
Other Current Assets	3,040	2,737
Total Current Assets	5,042	4,940
Total Assets	7,237	7,317

• The Company has been able to reduce its average cost of debt and also improve upon the Current Ratio

Scope of Work	Client	Value (Rsmn)
Infrastructure
Rail-cum-Road bridge in Ghazipur	RVNL	3,622
Steel Structures at Mathura-Jhansi 3rdLine	RVNL	2,173
Construction of ROB and its approaches	PWD	2,170
Rehabilitation of 2ndHooghly Bridge	HRBC	1,612
Concrete Sleeper
Sleeper for Eastern DFC Project	GMR	2,464
Supply of Concrete Sleepers	Transnet(SA)	2,170

Key Projects Under Execution in the Current Fiscal

Infrastructure Order Book – Segment wise

Strong Order Inflow of ~Rs 9.3 bn in FY21 22

Scope of Work Segment City/State Value (Rs Mn) Construction of Important bridge No. 1367/2 on Yamuna river Infra Jhansi, Uttar Pradesh 2,450 Widening of 2-lane with hard shoulder on NH 102B (two orders – section wise) Infra Manipur 2,175 Construction of Metro Railway Viaduct Infra Kolkata, West Bengal 1,963 Repair and Rehabilitation of 2nd Hooghly Bridge Infra Kolkata, West Bengal 1,628 Construction of Superstructure of bridges over River Infra Guwahati, Assam 641 Supply, fabrication, assembling & erection of new Bridge on Yamuna river Infra Agra, Uttar Pradesh 302

Some of the Key Projects Bagged during FY21 Order Book Movement (Rs Mn)

23 Greater Thrust on Railways Offers Significant Opportunity

Indian Railways: Highest ever outlay of Rs 2,149 bn for FY22 (BE)

Our Clientele 25