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Investors Presentation Q1 FY21

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POWER MECH PROJECTS LTD
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15 [th] September 2020
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Disclaimer

Safe 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.

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Power Mech – At a Glance

A leading Industrial Services and Construction Company providing versatile and comprehensive service in power and infrastructure sector

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Established in 1999 by Mr. S. Kishore Babu, a technocrat and first generation entrepreneur

Presently Operates PanLargest O&M service India, Middle East, South provider in India Asia and Africa

FY 20 Total Income: Rs 21,740 Mn EBITDA : Rs 2,801 Mn PAT : 1,313 Mn Credit Rating “CARE A”

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Journey of the Company, Major milestones and achievements

→Listing in BSE & NSE, overwhelming response
→First ETC of 1 X 63 Tph and 2 X 165 →Private Equity into Power Mech subscribed by 38 times Tph AFBC Boilers, 20.85 MW & 55 →First major international work in Libya, 2X157 MW Erection →Major O&M of 4X600 MW at Jharsuguda, Vedanta MW, Raigarh, BHEL of 2 Gas Turbines,BHEL →Started manufacturingfacility at Noida
→First AMC of 655 MW Combined →First ETC of 1X500 MW Boiler & Auxiliaries including ESP, →Entry in Steel Sector, Erection & Fabrication work 3.0 Cycle Dual Fuel IPP Power Plant, Mejia, BHEL MTPA & 2.7 MTPA, Nagarnar (NMDC) & Angul (JSPL) Paguthan,GPEC →Erection of Structural, Steam Generator & Auxiliaries of 3 →First FGD Work 500 MW, Vindhyachal,GE Boilers for India’s two UMPP 800 MW unit (Gujarat, Tata Power), Doosan & 6X660 MW unit, Sasan, R Infra
1999 2002-04 2007-09 2010-12 2014-16 2017-21 →Major orders in Super Critical Projects 660 MW, Erection, →Completed major international projects at Shuqaiq, KSA (4X660MW, Structural Fabrication works, Sepco, Adani, BGR, CLP SEC) & Bheramara, 360 MW (L&T, Bangladesh)
→First major Civil Work 2X520 MW, (Vizag, HNPCL), BHEL →Entry into Oman, Saudi Arabia, Bahrain and Nigeria →Entry in Industrial Sector Mechanical & Piping work in →First O&M project in Public Sector, 2X600 MW, Singareni Collieries Refineries (Dahej, ONGC & Paradeep, IOCL) →Strategic foray into Railway, RVNL, composite package (37 Km, AP) &
→First major Erection of Gas Turbine & Civil Work, 4X100 Rural Electrification, 33/11 KV Hoshangabad,MPMKVVCL MW, Yemen, Marib, BHEL →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, first order from NMDC
→ Incorporation of the Company →Entry in Hydro Power O&M & Mini EPC →Foray in Power Sector Business

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Established Track Record

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Integrated power infrastructure services Track record of ~21 years

Established a track record of successfully executing ETC-BTG and BOP contracts for large power projects
Engaged on ETC-BTG projects for the first two ultra-mega power projects (UMPPs) (Mundra & Sasan) as well as for 19 supercritical power projects in India
These include up to 800 MW unit capacity super-critical projects
Carried out the overhauling of a supercritical 660 MW turbine and providing AMC services for an ultra-mega power project (UMPP)
In addition to our operations in India, we have also executed various international power projects in the Middle East, North Africa, South Asia and South America .

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26,00,000
64,000
55,000
520
300
45
19
2
170
4,00,000
1,00,000
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26,00,000
64,000
55,000
520
300
45
19
2
170
4,00,000
1,00,000
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26,00,000
64,000
55,000
520
300
45
19
2
170
4,00,000
1,00,000
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MT of aggregate tonnage of the erection works executed

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

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

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

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

Number of AMC services for power plants across India

Number of super critical power projects where we executed ETC-BTG projects

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

Km’s of Cross Country Pipeline

Cubic meter of earth work completed under Railway Project

Cubic meter ballast supplied to Railways

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Our Service presence across key areas

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Industrial Construction Industrial Construction

Industrial Construction Industrial Services (O&M)
Power Projects (Ultra Mega, Super  Overhauling and Maintenance of Critical, Sub Critical & Combined Boiler, Turbine & Auxiliaries Cycle Power Projects), Nuclear ,  R&M of BTG, GTG Refinery & Petro Chemicals, Steel  Repair, Modification and Plant , Oil Pipe Line & Cement Rehabilitationof Boiler
Erection, Testing & Commissioning of BTG & BOP  Revival and Life Extension, etc
Steam Generators & Auxiliaries  Coal Handling Plant  Steam Turbine Generators & TG  BOP packages Auxiliaries
Critical Piping, LP & HP Piping  Trouble Shooting  Structural Steel, Coal Handling  Upgrade & Retrofits Plant, Ash Handling, Cooling  Rebuilds & Plant Relocation Water System, Fuel Oil System
ESP, Ducts, FGD & SCR

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Infrastructure Construction (Civil)

International Operations

Erection, Testing & Commissioni Power Plants, Railway, Industrial ng of Oil Fired Boiler, HRSG, Projects etc. Reserve/AuxiliaryBoiler & BOP  Foundation, Decks, Plant
Steam Turbine Generators & Buildings, Chimney & Cooling Auxiliaries, Gas Turbine Towers Generators & Auxiliaries  Geothermal Soil Exploration
Combined Cycle Power Piping,  Mass Excavation, Area Grading & LP & HP Piping, High Land Development Pressure Piping, Structural Steel,  Bored Cast & Driven Cast Piping Plant, Cooling Water System,  Water & Canal Works Fuel Oil System  Permanent Way – EWE
ESP, Ducts, & SCR, Rotating  Permanent Way Linking Works Equipment‘s  Track Linking
DesalinationPlants  Minor & Major Bridges  Civil Works  Industrial Buildings

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Our Service presence across key areas (cont..)

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Industrial Construction Electricals Hydro Power & Water Manufacturing  Extra High Voltage Substation  Supply & construction of Hydro  Fabrication of Heavy Structures, Works power plants Large & High Pressure Tanks,  Construction of 33/11 Kv  Renovation & modernization Substations Heavy Trusses, Ducts, Pipes etc  AMC & O&M, after sales  Strengthening of existing services, spares management,  Repair of Steam & Hydro Substations RLA Study, LTSA Turbines  Construction of 33 Kv & 11 Kv  Trouble shooting of chronic Lines problems by providing value  Tie-up with Major OEM  Construction of Transmission of added technical solutions in Companies for authorized Electromechanical and Hydroproduction of critical & general Lines mechanical fields spares, etc  Optical Fiber Networks  EPC of mini hydro projects  Reverse Engineering of spares  OHE, S&T  Sewage treatment plant(STP’s)

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Company Strengths

Comprehensive service provider in Power Sector Largest service provider in O&M space Well diversified business profile with stable revenue generating higher margins Robust Financials

Huge Asset Base with over 300 Cranes and construction equipments

Large talent with Highly Experienced Management Team with strong industry background

Strong execution capabilities across verticals

Marquee clientele: Long-term relationships with major OEM, EPC players and Utility companies Project handling capabilities across the globe Qualified Independent Board & best Corporate Governance

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Qualified Board

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Sajja Kishore Babu, CMD

Founder of the company holds bachelor’s degree in Mechanical Engineering. He has 35 years of experience in power and infra sector. He is an able administrator and Dynamic Leader, and he also serves the board of subsidiary & JVs

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Sajja Lakshmi, Non Executive Director

She is a science graduate and holds place in HR management of the company & also member of CSR committee of the company. She is interested in social service activities offering her time and energy Enthusiastically

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Vivek Paranjpe, Independent Director

B. Sc (Honors), post graduated from XLRI, over 40 years of experience, served as Group President of RIL. Currently Strategic HR advisor to RIL and Independent Director, Motilal OswalFin. Services

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GDV Prasada Rao, Independent Director

M.E(Chem), retired as a GM in Andhra Bank after ~28 years, currently VP of HEAL, an NGO working with orphans & poor children

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M Rajiv Kumar, Non Executive Director

Graduate in electrical engineering, he spent his entire career of 38 years in BHEL, rising to the level of Executive Director, Power Sector, Eastern Region

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T. Sankaralingam, Independent Director

B.E(Elec), around 40 years of experience in the power sector, served as CMD of NTPC and MD of BGR Energy in the past. Also worked at BHEL

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Lasya. Y, Independent Director

Post Graduate in Management from ISB, MS in Electrical engineering from university of Texas. She has 15 years of experience in IT Project Management and delivery , client engagement

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Professional and Experienced Management Team

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S Kodandaramaiah,Director – Business Development

Post graduate in mechanical engineering. More than 4 decades of experience in power and industry sector related to EPC, Construction, project management, BusinessDevelopment. Worked in BHEL, GE.

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M. Rajendran, COO

Degree in Civil Engineering. He has more than 38 years of experience in construction & project management in power & industrial sector. He was associated with BHEL .

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Janardhan Kar, Director O&M

Rich experience of more than 40 years in the field of Power Sector. He was associated with NTPC & Chattisgarh State Power Generation Co.

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G. Srinivasulu – Executive Director (Non Board)

Has more than three decades of rich experience in the Power Sector dealing in Project & Construction Management, Erection & Commissioning.

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S Amarnath: Executive Director (Non Board)

Diploma in Civil Engineering with 35 years of experience in Power and Industrial Construction. Previously he was associated with Indwell Constructions.

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Arbind Koul, MD Hydro Magus P.Ltd

38 years of experience in installing, maintaining, and repairing Hydro Generators and Hydro Turbines. He was associated with BHEL and BC Hydro Britsh Columbia, Canada.

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J. Satish , CFO

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

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K Ajay Kumar, Sr.VP – O&M

BE Mechanical, he has more than 23 years of experience in Operation & Maintenance, Business Development. Previously he was associated with Indwell Constructions.

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Anantha Reddy, VP- Electrical T&D

MBA in Project Management, B.E.E. (AMIE) Kolkatta & Diploma in Electrical Engineering. 28 Years of Experience in Business Development, Project Management and Site Execution of T&D .

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Biswajit Das - VP – O&M

B Sc Engineering (Electrical). With more than 30 years of experience in erection, commissioning and maintenance of large power plants. He was with Lanco Infratech .

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Shareholding Pattern

Top Shareholders

S No	Name	Shares	Category	Percentage
1	Promoters & Family	92,04,074	Promoter	62.57%
2	HDFC Small Cap Fund	10,03,126	MUT	6.82%
3	Vantage Equity Fund	6,29,553	AIF	4.28%
4	IDFC Multi Cap Fund	4,17,737	MUT	2.84%
5	Banyantree Growth Capital II L.L.C	3,56,051	FPI	2.42%
6	IIFL Re Organise India Equity Fund	1,23,805	AIF	0.84%
7	IA All Cap Fund	67,445	AIF	0.46%
8	Aditya Birla Sun Life Trustee	68,533	MUT	0.46%
9	Adesh Ventures LLP	36,875	LTD	0.25%
10	NRI Vantage Equity Fund	27,281	AIF	0.19%
11	First Water Fund	23,966	FPC	0.16%

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Established Relationships with Clients – Domestic Projects

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Established Relationships with Clients – International Projects

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Infra for Project Management

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Large construction
equipment base
Primavera
SAP
&
Site level, Support
functions MS Project-
Productivity Application
SBU Heads 8,700 HR Base
For Project Engineers, Supervisors,
Responsibility Technicians, HSE, FQA
Other Staff
Capability Centers
Construction, Quality,
Safety, Facility
Engineering
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Business Strategy Expanding the services footprint & leveraging technical expertise to target higher margin contracts

Back ward and forward integration has been at the core of the Company’s business consolidation and growth, and this motto continues to drive the future endeavors

Expanding O&M profile and increased penetration in the domestic sector of IPP base, Utility sector of Central and State utilities, Captive Thermal power base, and integrating the spares business

Entering into value added services To integrate the construction by synergizing the existing ETC capabilities with EPC capabilities into non-power sector opportunities available in material for increased business growth in handling jobs using the strong metal, steel, minerals, Civil and ETC base already petrochemicals etc. established for improved growth

Further geographical expansion in export space and consolidation of business in Middle East, Africa, Bangladesh for new investments in petro chemicals, refineries, desalination plants

Identifying feasible and rewarding EPC contracts in infra segment in Railway, Roads, Urban Infra Development, Energy, Transmission and Distribution

Continued efforts to foray into FGD retrofit investments taking place with suitable tie ups with EPC players and technology providers

Enhancing project execution capabilities and project delivery mechanism for better utilization of existing assets, human and capital resources for improved asset turnover, and strengthening IT infra for real time project execution and timely execution of projects.

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

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Solar
Thermal
Hydro
Domestic
O&M
(AMC, R&M,
GAS
Steel Trouble
(Power)
shooting
etc)
Fully developed
Captive Exports
Power (Thermal)
Partially developed
Refinery &
Petro
To be developed
Chemicals
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Expanding Horizons…… Expanding Horizons……

…..Broadening Capabilities …..Broadening Capabilities

INR in million

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Q1 FY21 – YoY Consolidated Financial Performance

Total Income

EBIDTA

PAT

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800
662
6,000
4,931 600
5,000
4,000 400
13.4%
2,769
3,000
2,000 200
1,000
- - Q1FY20 Q1FY21 -4.34%
Q1FY20 Q1FY21
(200) -120
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Q1 Revenue

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400
284
300
200
100 5.8%
-
(100) Q1FY20 Q1FY21
(200) -11.8%
(300)
(400) -326
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Erection

O&M

Electrical Works

Civil & Other Works

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2,000 1,766 1,500
1,413 400 370 1,500 1,349
1,500 1,400
300
1,000
1,000 1,300 1,203 200 201 740
598 1,200
500
500
100
1,100
- 1,000 - -
Q1FY20 Q1FY21 Q1FY20 Q1FY21 Q1FY20 Q1FY21 Q1FY20 Q1FY21
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Note: Lock down due to Covid impacted operations significantly, hence the current results are not comparable with previous quarter performance

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12M FY20 – YoY Consolidated Financial Performance

INR in million

Total Income EBIDTA

PAT

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23,000 22,754
22,500
22,000 21,740
21,500
21,000
12MFY19 12MFY20
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3,100 3,049
3,000
2,900 13.4%
2,801
2,800
2,700 12.9%
2,600
12MFY19 12MFY20
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1,350
1,313
1,300
1,250 6.0%
1,216
1,200
5.3%
1,150
12MFY19 12MFY20
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12M FY 20 Revenue

Civil & Other Works

Electrical Works

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Erection O&M Electrical Works
7,500 7,492 7,000 10,000
8,425
7,480 6,475 1,600 1,470 8,000
6,500 1,400 6,167
1,200 1,041
7,460 6,000
1,000
7,440 6,000
7,440 5,660 800 4,000
600
7,420 5,500 400 2,000
200
7,400 5,000 - -
12MFY19 12MFY20 12MFY19 12MFY20 12MFY19 12MFY20 12MFY19 12MFY20
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FY20 Financial Performance (consolidated)

INR in million

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Contract Revenue
13,778 13,344 15,439 22,566 21,604
25,000
1,041
20,000 1,470
5,660
6,475
15,000 10,000 3,750 - 4,859 - 5,176 345 8,425 6,167
2,038 2,048 3,434
5,000
7,990 6,437 6,484 7,440 7,492
-
FY16 FY17 FY18 FY19 FY20
Electrical O&M Civil Works Erection Works
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Revenue mix with high-margin O&M services segment

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120%
2% 5%
100% 7%
27%
80% 36% 34% 25% 30%
15%
60%
16% 22% 37% 29%
40%
58%
20% 48% 42% 33% 34%
0%
FY16 FY17 FY18 FY19 FY20
Electrical O&M Civil works ETC
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EBITDA Margins continue to remain healthy….

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13.5%
3,500 13.4% 13.6%
13.4%
3,000
13.4%
2,500
2,000 13.2%
1,500 12.9% 12.9% 13.0%
1,000
12.8%
500
1,875 1,737 2,090 3,049 2,801
- 12.6%
FY16 FY17 FY18 FY19 FY20
EBIDTA EBIDTA Margin
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Profit After Tax inching higher

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1400 6.0% 7.0%
5.3%
1200 5.5% 5.1% 6.0%
4.8%
1000 5.0%
800 4.0%
600 3.0%
400 2.0%
200 1.0%
755 651 795 1216 1313
0 0.0%
FY16 FY17 FY18 FY19 FY20
PAT PAT Margin
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FY20 Financial Performance (consolidated)

INR in million

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

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2,500 14
10,500 9,512 0.60 11.77 11.92
12
9,000 8,194 2,000
0.40
6,985 10
7,500 6,000 5,548 0.33 6,207 0.23 0.30 0.40 1,500 6.29 6.17 7.45 8
4,500 0.21 1,000 2, 1 98 2, 1 81 2,085 1,933 1,813 6
3,000 3,844 0.20 4
500
1,500 2,429 2
1,831 1,308 1,585
- - - 0
FY16 FY17 FY18 FY19 FY20 FY16 FY17 FY18 FY19 FY20
Networth Net Debt Net Debt/Equity Net Fixed Asset Turnover to NFA
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25.0% 21.3% Return on Capital Employed 23.7%
20.0% 18.4% 18.2%
16.5%
15.0%
10.0%
5.0%
0.0%
FY16 FY17 FY18 FY19 FY20
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18.0% 16.6% Return on Networth 16.0%
16.0% 14.8%
14.0% 12.0%
11.1%
12.0%
10.0%
8.0%
6.0%
4.0%
2.0%
0.0%
FY16 FY17 FY18 FY19 FY20
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Robust Order Book: Stronger Revenue visibility for next 3 years

INR in million

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60,000
50,000 15% 47,830
45,748
49 % 42,677
40,000 85% 37,050
35,238
Contract Revenue
30,000 27,715
Order Inflow
22,566
21,064 21,604
17,950 19,523 Order Back Log
20,000
15,375 15,439
13,778 13,344
34%
10,000
55%
-
FY 16 FY 17 FY 18 FY 19 FY 20
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Note: 1. Projects cancelled / suspended / on hold are excluded from the above

Order back log as on 31[st] March 2020 is Rs 45,748 Mn
Order back log as on 15[th] September 2020 is Rs 71,368 Mn

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Robust Order Book: Stronger Revenue visibility for next 3 years (cont..) Order Inflow during 12 M FY 20 (up to 31[st] March 2020) Rs. 19,523 Mn Order backlog as on 31[[st]]

Order backlog as on 31[[st]] March 2020 Rs. 45,748 Mn

INR in million

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30 %
36 % Erection
5,818
7,114 O&M
Electrical Works
Civil & Other Works
- 34 %
6,591 Power : 83% & Non Power 17%
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Order Inflow up to 15[th] Sep 2020 Rs. 28,362 Mn

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20%
5,562
9%
2,621
-
20,179
71%
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Erection
O&M
Electrical Works
Civil & Other Works
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Power : 44% & Non Power 56%

1. Works executed post 30[th] June 2020 not considered

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26 %
12,273 45 % Erection
20,541 O&M
Electrical Works
2,975
Civil & Other Works
7 %
9,959
22 % Power : 70% & Non Power 30%
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Order backlog as on 15[th] Sep 2020 Rs. 71,369 Mn #

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36%
44%
25,505
31,726
16%
4% 11,364
2,774
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Erection
O&M
Electrical Works
Civil & Other Works
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Power : 60% & Non Power 40%

Back log oder book exclude projects cancelled / suspended / on hold

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Financial Snapshot | Consolidated Income Statement & Balance Sheet

Income Statement (Consolidated)

Balance Sheet (Consolidated)

INR in million

Particulars	FY16	FY17	FY18	FY19	FY20
Revenue from operations	13,782	13,382	15,478	22,613	21,647
Other Income	55	77	67	141	93
Total Income	13,837	13,459	15,546	22,754	21,740
Cost of materials	1,145	1,245	1,964	3,264	3,238
Change in inventories	5	-29	-85	31	-129
Contract execution exp.	8,989	7,928	8,145	12,151	12,313
Personnel Cost	1,549	2,265	3,122	3,932	3,247
Other expenses	275	313	310	327	270
Sub-total	11,963	11,722	13,456	19,705	18,939
EBIDTA	1,875	1,737	2,090	3,049	2,801
Finance costs	329	329	359	551	741
Depreciation and amort.	390	410	428	458	394
Share of profit from JV’s	3	6	-2	15	16
PBT	1,158	1,004	1,300	2,056	1,682
PAT (before MI)	757	651	908	1,432	1,307
Minority Interest	2	0	113	216	-6
Restated PAT (after MI)	755	651	795	1,216	1,313
PAT Margin	5.5%	4.8%	5.1%	5.3%	6.0%

Particulars	FY16	FY17	FY18	FY19	FY20
*Assets*
Fixed Assets	1,978	2,062	2,025	1,899	1,787
CWIP (incl. unallocated capex)	220	119	60	33	26
Non-current investments	-	9	1	313	329
Other Non Current Assets	1,872	1,936	1,966	2,663	2,579
Total Current Assets	8,305	8,697	10,396	13,078	17,481
Less: Current Liab. & Prov.	6,343	6,273	7,623	9,418	12,748
Net Current Assets	1,962	2,424	2,774	3,660	4,733
Cash & bank	686	805	1,397	1,284	1,193
Total	6,718	7,355	8,222	9,852	10,647
*Liabilities*
Long Term Borrowings	214	155	277	452	298
Deferred Tax Liabilities	42	21	-	-	-
Other Non Current Liabilities	910	950	822	1,125	756
Minority Interest	4	21	138	81	81
Shareholder's Fund	5,548	6,207	6,985	8,194	9,512
Total	6,718	7,355	8,222	9,852	10,647

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Our Projects

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

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1X660 MW TPP, BTG, HARDUAGANJ, DOOSAN

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3X800 MW, BOILER, ESP, PIPING, STG KUDGI , DOOSAN, L&T & TOSHIBA

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

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3X660 MW ,BOILER, ESP,CP, STRUCTURE & STG, NABINAGAR, BHEL

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

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

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

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

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BLAST FURNACE, STEEL PLANT WORK, JSPL, ANGUL

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BOILER, ESP, TG AUXILIARIES, UMPP 800 MW, GUJARAT, TATA POWER (COMPLETED)

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

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

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BOILER, ESP, STRUCTURE, TG AUXILIARIES,UMPP 6X660MW, SASAN, R INFRA (COMPLETED)

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2X660 MW STPP, BOILER, ESP U#1&2, SOLAPUR, BGRESL

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

INFRASTRUCTURE CONSTRUCTION : CIVIL, ARCHITECTURAL & RAILWAY WORKS

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

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

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1X800 MW TPSS , CIVIL, STRUCTURAL WORKS, NORTH CHENNAI, BHEL

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1X800 MW TPSS, CIVIL, STRUCTURAL AND ARCHITECTURAL WORK STAGE-3, NORTH CHENNAI, BHEL

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

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1X500 MW, FGUTTP, CIVIL, STRUCTURAL AND BOP & CHP, UNCHAHAR, NBPPL

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GDV-MTM 37 ,DOUBLING & ELECTRIFICATION WORKS , RVNL

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

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INFRASTRUCTURE DEVELOPMENT WORK, AP MEDI TECH ZONE, VIZAG

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1X500MW, FGUTTP, CIVIL, STRUCTURAL AND ARCHITECTURAL WORK FOR BTP, BOP & CHP, UNCHAHAR, NBPPL

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3X660 MW, STPP, STG,BOP ,NORTH KARNAPURA, BHEL

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INFRASTRUCTURE DEVELOPMENT WORK, AP MEDI TECH ZONE, VIZAG

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2X800 MW, YTPS, CIVIL, STRUCTURAL AND ARCHITECTURAL WORKS RAICHUR, BHEL (COMPLETED)

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1X110 MW, CIVIL AND STRUCTURAL WORKS ,R&M OF MAIN PLANT, BATHINDA, BHEL (COMPLETED)

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KALWESHWARAM CANAL PROJECT, 54 KM RAMAYAMPET

INTERNATIONAL OPERATIONS

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250 MW SABIYA CCPP, KUWAIT INSTALLATION OF HRSG

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1516 MW IBRI CCPP, OMAN ETC HRSG,TG

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2X640 MW SHUQAIQ THERMAL POWER PLANT, SAUDI ARABIA (COMPLETED)

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2X157 MW GT POWER PLANT, LIBYA (COMPLETED)

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1516 MW IBRI CCPP, OMAN ETC HRSG,TG

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35 MW GT POWER PLANT, KAZAKSTHAN

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6X200 MW HEP, BHUTAN INSTALLATION OF HYDRO TURBINE & GENERATOR

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1390MW WAAD AL SHAMALISCCPP, SAUDI ARABIA ETC OF HRSG

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1519 MW FADHILI CCPP, SAUDI ARABIA GTG,STG & BOP INSTALLATION

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1800 MW ALBA CCPP, BAHRAIN ETC OF GTG,STG,HRSG & BOP

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228MW, STEAMTURBINE,SABIYA, KUWAIT, MAIN OIL PUMP OVERHAULING

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1390MW WAAD AL SHAMALISCCPP, SAUDI ARABIA ETC Of HRSG

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360MW BHERAMARA CCPP, BANGLADESH INSTALLATION OF GTG, STG & HRSG

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1519 MW FADHILI COMBINED HEAT AND POWER (CHP) PLANT KSA

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3X 126 MW, KHOMS, GECOL, LIBYA TOP CASING LIFTING

OPERATION AND MAINTANENCE

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SIEMENS -138MW GAS TURBINE PAGUTHAN

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CAPITAL OVERHAULING OF TURBINE 63MW, SV POWER , KORBA - ROTOR LIFTING-3

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MAIN TURBINE OVERHAULING ,660 MW KAWAI

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TG OVERHAUING 600MW JHARSUGUDA VEDANTA

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HP HEATER REPLACEMENT 800MW ,CGPL MUNDRA2

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TURBINE AOH, 600 MW UDIPI

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BEARING DIASSEMBLY AT NTPC-SIMHADRI

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CUPLOCK SCAFFOLDING ERECTION 800MW,MUNDRA

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ID FAN AOH,800 MW CGPL MUNDRA

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CONTROL & STOP VALVES OVERHAULING SIPAT 660MW

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MSH LINE MODIFICATION, 600 MW SINGARENI

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UREA REACTOR TANK INSTALLATION AT RAMAGAUNDAM, TELANGANA

MANUFACTURING FACILITY & HYDRO POWER SERVICES

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MANUFACTURING UNIT (NOIDA)

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CNC SECTION (NOIDA)

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SR FURNACE (NOIDA)

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CNC OXY FUEL CUTTING (NOIDA)

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HEAVY DUTY CENTRE LATHES( NOIDA)

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VTL(MANUAL+CNC (NOIDA)

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PLANO MILLER, CND (NOIDA)

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3 ROLL PLATE BENDING MACHINE (NOIDA)

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HYDRO GENERATOR UNDER ASSEMBLY FOR SUNDARIJAL HYDRO PROJECT, NEPAL

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FRANCIS RUNNER ASSEMBLY UNDERGOING NDT TESTING FOR UPPER KALLAR HYDRO PROJECT, KERALA

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TURBINE EQUIPMENT ASSEMBLY SUNDARIJAL HYDRO PROJECT, NEPAL

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NEWLY REWOUND 30MW HYDRO GENERATOR AT UMIAM STG-III HYDRO PROJECT

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Thank You

For investor queries, please contact: Ph: +91-040-30444418 Email: [email protected]

AI assistant

Power Mech Projects Limited — Investor Presentation 2020

60676_rns_2020-09-16_de41394a-ab4b-41bf-a78e-5dd9be778ee5.pdf

Disclaimer

Safe Harbor Statement

Power Mech – At a Glance

Journey of the Company, Major milestones and achievements

Established Track Record

Our Service presence across key areas

Our Service presence across key areas (cont..)

Company Strengths

Qualified Board

Sajja Kishore Babu, CMD

Sajja Lakshmi, Non Executive Director

Vivek Paranjpe, Independent Director

GDV Prasada Rao, Independent Director

M Rajiv Kumar, Non Executive Director

T. Sankaralingam, Independent Director

Lasya. Y, Independent Director

Professional and Experienced Management Team

S Kodandaramaiah,Director – Business Development

M. Rajendran, COO

Janardhan Kar, Director O&M

G. Srinivasulu – Executive Director (Non Board)

S Amarnath: Executive Director (Non Board)

Arbind Koul, MD Hydro Magus P.Ltd

J. Satish , CFO

K Ajay Kumar, Sr.VP – O&M

Anantha Reddy, VP- Electrical T&D

Biswajit Das - VP – O&M

Shareholding Pattern

Top Shareholders

Established Relationships with Clients – Domestic Projects

Established Relationships with Clients – International Projects

Infra for Project Management

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

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

Q1 FY21 – YoY Consolidated Financial Performance

Total Income

EBIDTA

PAT

Erection

Electrical Works

Civil & Other Works

12M FY20 – YoY Consolidated Financial Performance

INR in million

Total Income EBIDTA

PAT

12M FY 20 Revenue

Electrical Works

FY20 Financial Performance (consolidated)

INR in million

Revenue mix with high-margin O&M services segment

EBITDA Margins continue to remain healthy….

Profit After Tax inching higher

FY20 Financial Performance (consolidated)

Robust Order Book: Stronger Revenue visibility for next 3 years

INR in million

Robust Order Book: Stronger Revenue visibility for next 3 years (cont..) Order Inflow during 12 M FY 20 (up to 31[st] March 2020) Rs. 19,523 Mn Order backlog as on 31[[st]]

Order Inflow up to 15[th] Sep 2020 Rs. 28,362 Mn

1. Works executed post 30[th] June 2020 not considered

Financial Snapshot | Consolidated Income Statement & Balance Sheet

Income Statement (Consolidated)

Balance Sheet (Consolidated)

INR in million

Our Projects

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

INTERNATIONAL OPERATIONS

OPERATION AND MAINTANENCE

MANUFACTURING FACILITY & HYDRO POWER SERVICES

Thank You

More from Power Mech Projects Limited

Power Mech Projects Limited Investor Presentation 2020