Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

PSP Projects Limited Investor Presentation 2019

Oct 22, 2019

61476_rns_2019-10-22_fb6c1932-b7b7-4fbe-adb6-9ca94a39178d.pdf

Investor Presentation

Open in viewer

Opens in your device viewer

te[po!] guild PSP Projects Ltd. ISO 9001 : 2015, 14001 : 2015, 45001 : 2018 Certified Company

Ref No: PSPPROJECT/SE/68/19-20

Corporate[Relations] Department BSE Limited Floor 25, P.J. Towers, Dalal Street, Mumbai- 400 001 Scrip[code:] 540544

October 22, 2019

Listing Department

National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex, Bandra (East), Mumbai - 400 051 Scrip Symbol: PSPPROJECT

Dear Sir/Madam,

Subject: Investor Presentation for the quarter and half year ended September 30, 2019

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Investor Presentation for the quarter and half year ended September30, 2019.

Kindly take the same on your record.

Thanking[You,]

==> picture [129 x 78] intentionally omitted <==

----- Start of picture text -----

For PSP Projects Limited
~ 4
Mittali Christachary
Company Secretary
----- End of picture text -----

Encl.: As mentioned above.

.

‘PSP House’, Opp. Celesta Courtyard, Opp. Lane[of] Vikramnagar Colony, ISCON - Ambali Road,[Anmedabad-380][058.] Phone : 079 - 2693 6200, 2693 6300, 2693 6400 | Fax No.: 079 - 2693 6500 | Email : [email protected] | URL : www.pspprojects.com CIN :.L45201GJ2008PLC054868

PSP PROJECTS LTD.

INVESTOR PRESENTATION Q2 FY20 October 2019

==> picture [184 x 21] intentionally omitted <==

SAFE HARBOR STATEMENT

Statements in this ‘Presentation’ describing the Company’s objectives, estimates, expectations or predictions may be “forward looking statements” within the meaning of applicable securities laws and regulations. Actual results could differ materially from those expressed or implied. Important factors that could make difference to the Company’s operations include global and Indian demand supply conditions, finished goods prices, feedstock availability and prices, cyclical demand and pricing in the Company’s principal markets, changes in Government regulations, tax regimes, economic developments within India and the countries within which the Company conducts business and other factors such as litigation and labour negotiations. The Company assumes no responsibility to publicly amend, modify or revise any forward looking statement, on the basis of any subsequent development, information or events, or otherwise.

==> picture [184 x 21] intentionally omitted <==

==> picture [431 x 261] intentionally omitted <==

==> picture [437 x 252] intentionally omitted <==

"COMPANY OF THE YEAR - CONSTRUCTION" BY ZEE BUSINESS "DARE TO DREAM AWARDS"

“SECOND FASTEST GROWING CONSTRUCTION COMPANY IN SMALL CATEGORY”

AND

"TOP CHALLENGERS AWARDS" BY CONSTRUCTION WORLD GLOBAL AWARDS 2019

==> picture [184 x 21] intentionally omitted <==

==> picture [281 x 161] intentionally omitted <==

“FASTEST GROWING CONSTRUCTION & ENGINEERING COMPANY” BY CREDAI DURING CREDAI GUJARAT GROWTH AMBASSADORS SUMMIT 2019

==> picture [277 x 160] intentionally omitted <==

FELICITATION TO "ASSEMBLY BUILDING AT SARDAR BHAVAN CAMPUS, GUJARAT" AS "IGBC NEW BUILDING - GOLD" DURING GREEN BUILDING CONGRESS 2019 AT HYDERABAD

==> picture [241 x 160] intentionally omitted <==

"SPECIAL COMMENDATION FOR BUILDING HIGH QUALITY AND INNOVATIVE INFRASTRUCTURE" BY "CNBC BAJAR GUJARAT REAL ESTATE AWARDS 2018-19"

==> picture [184 x 21] intentionally omitted <==

FINANCIAL SNAPSHOT

==> picture [184 x 21] intentionally omitted <==

FINANCIAL SNAPSHOT - STANDALONE

RESULT SUMMARY Q2 FY20 (RS. CR.)

REVENUE FROM OPERATIONS

==> picture [144 x 151] intentionally omitted <==

----- Start of picture text -----

312.52
49%
----- End of picture text -----

==> picture [67 x 102] intentionally omitted <==

----- Start of picture text -----

209.94
----- End of picture text -----

==> picture [108 x 9] intentionally omitted <==

----- Start of picture text -----

Q2 FY19 Q2 FY20
----- End of picture text -----

==> picture [40 x 10] intentionally omitted <==

----- Start of picture text -----

EBITDA
----- End of picture text -----

==> picture [146 x 147] intentionally omitted <==

----- Start of picture text -----

43.26
47%
----- End of picture text -----

==> picture [67 x 101] intentionally omitted <==

----- Start of picture text -----

29.38
----- End of picture text -----

==> picture [108 x 8] intentionally omitted <==

----- Start of picture text -----

Q2 FY19 Q2 FY20
----- End of picture text -----

==> picture [22 x 10] intentionally omitted <==

----- Start of picture text -----

PAT
----- End of picture text -----

==> picture [214 x 171] intentionally omitted <==

----- Start of picture text -----

32.72
83%
17.86
Q2 FY19 Q2 FY20
----- End of picture text -----

RESULT SUMMARY H1 FY20 (RS. CR.)

==> picture [164 x 10] intentionally omitted <==

----- Start of picture text -----

REVENUE FROM OPERATIONS
----- End of picture text -----

==> picture [212 x 162] intentionally omitted <==

----- Start of picture text -----

619.79
444.67
39%
H1 FY19 H1 FY20
----- End of picture text -----

==> picture [39 x 10] intentionally omitted <==

----- Start of picture text -----

EBITDA
----- End of picture text -----

==> picture [214 x 159] intentionally omitted <==

----- Start of picture text -----

85.94
62.37
38%
H1 FY19 H1 FY20
----- End of picture text -----

==> picture [21 x 10] intentionally omitted <==

----- Start of picture text -----

PAT
----- End of picture text -----

==> picture [214 x 154] intentionally omitted <==

----- Start of picture text -----

58.24
38.69 51%
H1 FY19 H1 FY20
----- End of picture text -----

==> picture [184 x 21] intentionally omitted <==

PSP Projects 12 130 1,971.90 (Rs/cr) Market cap as Years in Projects on 18[th] Oct 2019 existence delivered 48 3,191 Projects under (Rs/cr) Order book as execution (as on 30[th] on 30[th] Sept 2019 Sept 2019)

==> picture [184 x 21] intentionally omitted <==

(STANDALONE)

==> picture [184 x 21] intentionally omitted <==

REVENUE BREAK-UP FOR THE Q2FY20 - Rs.312.52 CR

==> picture [227 x 157] intentionally omitted <==

----- Start of picture text -----

1.94%
5.69%
0.82%
10.54%
81.01%
----- End of picture text -----

==> picture [234 x 155] intentionally omitted <==

----- Start of picture text -----

93.51%
2.51%
0.33%
3.64%
----- End of picture text -----

REVENUE BREAK-UP FOR THE Q2FY20 (EXCLUDING SDB) - Rs. 224.15 CR

==> picture [208 x 143] intentionally omitted <==

----- Start of picture text -----

2.71%
7.93%
1.15%
73.51%
14.70%
----- End of picture text -----

==> picture [37 x 9] intentionally omitted <==

----- Start of picture text -----

90.96%
----- End of picture text -----

==> picture [129 x 89] intentionally omitted <==

----- Start of picture text -----

3.50%
0.46%
5.08%
----- End of picture text -----

Government Govt Residential Industrial

Institutional Residential

Gujarat Karnataka Maharashtra Rajasthan

CATEGORY WISE

GEOGRAPHICAL

(STANDALONE)

==> picture [184 x 21] intentionally omitted <==

WORK ON HAND - RS. 3190.87 CR

==> picture [238 x 375] intentionally omitted <==

----- Start of picture text -----

3.28%
63.82% 4.96%
23.80%
4.14%
4.73%
7.16%
47.80%
34.33%
5.97%
Government Govt Residential Industrial
----- End of picture text -----

Institutional Residential

CATEGORY WISE

==> picture [196 x 370] intentionally omitted <==

----- Start of picture text -----

0.53% 2.14%
23.71%
73.62%
0.77% [3.08%]
34.20%
61.95%
----- End of picture text -----

WORK ON HAND Rs. 2211.83 CR (EXCLUDING SDB)

Gujarat Karnataka Rajasthan Maharashtra

GEOGRAPHICAL

(STANDALONE)

==> picture [184 x 21] intentionally omitted <==

BUSINESS ROBUSTNESS IN NUMBERS (STANDALONE)

==> picture [287 x 35] intentionally omitted <==

----- Start of picture text -----

GROSS REVENUE (RS. Cr)
#CAGR – 38.87%
----- End of picture text -----

==> picture [281 x 34] intentionally omitted <==

----- Start of picture text -----

EBIDTA (Rs. Cr)
#CAGR - 61.78%
----- End of picture text -----

PAT (Rs. Cr) #CAGR - 59.71%

==> picture [876 x 414] intentionally omitted <==

----- Start of picture text -----

148.94
1066.99 90.22
748.31 101.28 64.34
58.24
631.84 85.94
468.24 65.94 41.43
414.15
286.89 39.27 25.13
21.74 13.86
FY15 FY16 FY17 FY18 FY19 FY20 FY15 FY16 FY17 FY18 FY19 FY20 FY15 FY16 FY17 FY18 FY19 FY20
EBIDTA margin% PAT margin%
16.45%
10.00%
14.27%
13.88% 13.87% 9.22%
8.60% 8.46%
8.57%
7.75% 5.37%
4.83%
FY15 FY16 FY17 FY18 FY19 FY20
FY15 FY16 FY17 FY18 FY19 FY20
----- End of picture text -----*

  • Till 30[th] Sept 2019 # CAGR based on five years completing on 31.03.2019

==> picture [184 x 21] intentionally omitted <==

BUSINESS ROBUSTNESS IN NUMBERS (STANDALONE)

58.12
49.84
48.79
FY18
FY19
FY20
DEBTORS (Days)*
16.78
26.22
34.13
FY18
FY19
FY20
INVENTORY (Days)*
60.66
55.38
51.08
FY18
FY19
FY20
PAYABLE (Days)*

==> picture [184 x 21] intentionally omitted <==

*** Till 30[th] Sept 2019**

PROMINENT PROJECTS COMPLETED IN FY19

==> picture [896 x 450] intentionally omitted <==

----- Start of picture text -----

Brigade International Financial Centre Renovation of Gujarat Vidhansabha, Sabarmati Riverfront
at GIFT City, Gandhinagar Gandhinagar Development Co. Ltd. (SRFDCL)
Office Building, Ahmedabad
----- End of picture text -----

==> picture [184 x 21] intentionally omitted <==

PROMINENT PROJECTS

==> picture [209 x 150] intentionally omitted <==

Swarnim Sankul 1 & 2 Construction and interior work

==> picture [209 x 150] intentionally omitted <==

Zydus Hospitals

==> picture [208 x 150] intentionally omitted <==

Sabarmati River Front development

==> picture [208 x 150] intentionally omitted <==

Kaira District Co-operative Milk Producers’ Union Limited (Amul Dairy)

==> picture [209 x 150] intentionally omitted <==

Hospital, Residential Building and Medical College for GCS Medical College, Hospital and Research Centre

==> picture [209 x 150] intentionally omitted <==

Gujarat Housing Board,Naranpura, one of the Largest affordable housing project in Gujarat

==> picture [184 x 21] intentionally omitted <==

MARQUEE PROJECT

==> picture [628 x 452] intentionally omitted <==

Executing single-largest contract of Rs 1575[#] cr of Surat Diamond Bourse

  • ( [#] Excluding GST)

==> picture [184 x 21] intentionally omitted <==

SURAT DIAMOND – WIP (ACTUAL SITE IMAGE)

==> picture [388 x 187] intentionally omitted <==

==> picture [401 x 186] intentionally omitted <==

==> picture [465 x 264] intentionally omitted <==

==> picture [402 x 213] intentionally omitted <==

==> picture [184 x 21] intentionally omitted <==

WORK ON HAND SEPT 30, 2019 (MAJOR PROJECTS) (RS. IN LAKHS)

Description of Project Location Name of the Client Total
Contract
Value
Outstanding
Contract
Value
Surat Diamond Bourse Main Contract Works, Surat,
Gujarat
Surat, Gujarat SDB Diamond Bourse 157,500 97,904
EWS Housing Project at Bhiwandi, Maharastra Bhiwandi Bhiwandi Nizampur City Municipal
Corporation
60,140 60,140
IIM AHMEDABAD, Gujarat Ahmedabad, Gujarat Indian Institute Of Management 32,801 30,045
Affordable Housing Project at Pandharpur, Maharastra Pandharpur,
Maharastra
Pandharpur Municipal Corporation 15,755 15,507
Medical College and Hospital at Dahod , Gujarat Dahod, Gujarat Zydus Foundation 22,500 13,462
Multi-tenanted office for DSCCSL at GIFT City, Gujarat Gandhinagar, Gujarat Dalal Street Commercial Cooperative
SocietyLtd.

13,050
11,136
Zydus Hospital at Baroda, Gujarat Vadodara, Gujarat Zydus Hospitals & Healthcare
Research Pvt Ltd.
10,691 10,160
Phoenix Mall at Thaltej, Ahmedabad, Gujarat Ahmedabad SGH Realty LLP 9,909 8,926
Residential Complex At Atali Housing, Dahej Dahej, Bharuch Torrent Pharmaceuticals Limited 8,268 8,268
Hospital Project at Sitapur, Gujarat on Lump Sum Turnkey
Basis (EPC Mode)
Sitapur, Gujarat Maruti Suzuki Foundation (MSF) 7,735 7,735
Super specialty Block of Government Medical College at
Bhavnagar Gujarat

Bhavnagar, Gujarat
Bridge & Roof Co. (India) Ltd 7,860 6,079
Corporate House at Ahmedabad, Gujarat Ahmedabad, Gujarat Punishka Enterprises 5,470 4,421

==> picture [184 x 21] intentionally omitted <==

FINANCIAL PERFORMANCE

==> picture [184 x 21] intentionally omitted <==

SEQUENTIAL QUARTERLY PERFORMANCE

Q2FY20 Unaudited Standalone Financial Results for the quarter and half year ended September 30, 2019 (Rs. In Lakhs)

Particulars Q2 FY20 Q1 FY20 Q2 FY19 **Q-o-Q ** Y-o-Y H1 FY 20 H1 FY 19 Y-o-Y
Revenue from Operations 31,252.09 30,727.34 20,994.88 2% 49% 61,979.43 44,466.78 39%
Cost of materials consumed includingWIP 9,622.03 11,486.89 7,219.78 21,108.92 18,851.13
Construction Expenses 15,525.62 13,255.96 9,529.66 28,781.58 16,860.19
Employee benefits expense 1,460.69 1,378.73 1,077.80 2,839.42 2,077.28
Other expenses 318.23 337.75 229.85 655.98 440.97
Total Operating Expenses 26,926.57 26,459.33 18,057.09 2% 49% 53,385.90 38,229.57 40%
EBITDA 4,325.52 4,268.01 2,937.79 1% 47% 8,593.53 6,237.21 38%
EBITDA Margin(%) 13.84% 13.89% 13.99% 13.87% 14.03%
Other Income 685.54 518.96 543.17 1,204.50 1,151.88
Finance costs 366.68 275.51 227.19 642.19 372.82
Depreciation 620.85 588.33 578.90 1,209.18 1,060.24
Profit Before Tax 4,023.53 3,923.13 2,674.87 3% 50% 7,946.66 5,956.03 33%
Tax Expense 751.33 1,370.66 918.98 2,121.99 2,091.69
Other comprehensive income (0.52) (0.52) 29.94 (1.04) 4.41
Profit After Tax 3,271.68 2,551.95 1,785.83 28% 83% 5,823.63 3,868.75 51%
PAT Margin(%) 10.24% 8.17% 8.29% 9.22% 8.48%
EPS(INR) 9.09 7.09 4.88 16.18 10.74

==> picture [184 x 21] intentionally omitted <==

SEQUENTIAL QUARTERLY PERFORMANCE

Q2FY20 Unaudited Consolidated Financial Results for the quarter and half year ended September 30, 2019 (Rs. In Lakhs)

Particulars Q2 FY20 Q1 FY20 Q2 FY19 **Q-o-Q ** Y-o-Y H1 FY 20 H1 FY 19 Y-o-Y
Revenue from Operations 31,211.32 30,768.27 21,206.14 1% 47% 61,979.59 45,028.18 38%
Cost of materials consumed includingWIP 9,622.92 11,486.00 7,309.62 21,108.92 19,178.50
Construction Expenses 15,526.46 13,257.25 9,695.04 28,783.71 17,092.06
Employee benefits expense 1,461.74 1,379.84 1,078.64 2,841.58 2,078.96
Other expenses 319.42 341.87 237.20 661.29 451.16
Total Operating Expenses 26,930.54 26,464.96 18,320.50 2% 47% 53,395.50 38,800.68 38%
EBITDA 4,280.78 4,303.31 2,885.64 -1% 48% 8,584.09 6,227.50 38%
EBITDA Margin(%) 13.72% 13.99% 13.61% 13.85% 13.83%
Other Income 713.11 464.23 573.93 1,177.34 1,157.04
Finance costs 377.28 286.28 239.87 663.56 400.10
Depreciation 620.96 588.43 580.36 1,209.39 1,064.58
Profit Before Tax 3,995.65 3,892.83 2,639.34 3% 51% 7,888.48 5,919.86 33%
Tax Expense 749.47 1,364.77 910.61 5,774.24 3,835.59
Other comprehensive income 0.44 (0.20) 8.72 0.23 8.15
Profit After Tax 3,246.62 2,527.86 1,737.45 28% 87% 5,774.47 3,843.73 50%
PAT Margin (%) 10.17% 8.09% 7.98% 9.14% 8.32%
EPS(INR) 9.03 7.04 5.85 16.07 10.67

==> picture [184 x 21] intentionally omitted <==

ANNUAL FINANCIAL PERFORMANCE

H1FY20 Unaudited Standalone Balance sheet as at September 30, 2019 (RS. IN LAKHS)

Particulars As at
Sept 30, 2019
(Unaudited)
As at
March 31, 2019
(Audited)
ASSETS
(1) Non current Assets
(a) Property, Plant and Equipment
(b) Capital Work-In-Progress
(c) Other Intangible Assets
(d) Financial Assets
(i) Investments
(ii) Loans
(iii) Other Financial Assets
(e) Deferred Tax Asset (Net)
(f) Other Non Current Assets
Total Non-Current Assets
(2) Current Assets
(a) Inventories
(b) Financial Assets
(i) Trade receivables
(ii) Cash and cash equivalents
(iii) Bank Balances other than (ii) above
(iv) Loans
(v) Other Financial Assets
(c) Other Current Assets
(d) Current Tax Assets (Net)
Total Current Assets
Total Assets
9,876.82
10,212.88
94.80
-
107.06
103.65
442.37
442.37
2,580.00
2,386.41
10,002.53
5,887.77
473.96
486.93
43.87
211.77
23,621.41
19,731.78
11,591.00
7,500.17
16,571.30
14,257.16
13,708.15
3,504.68
8,476.71
18,665.61
1,623.55
1,578.28
6,211.36
4,938.80
3,627.30
2,875.08
76.30
-
61,885.67
53,319.78
85,507.08
73,051.56

Particulars As at
March 31, 2019
(Audited)
As at
Sept 30, 2019
(Unaudited)
EQUITY AND LIABILITIES
(1) Equity
(a) Equity Share Capital
(b) Other Equity
Total Equity
LIABILITIES
(2) Non-Current liabilities
(a)Financial Liabilities
(i) Borrowings
Total Non-Current Liabilities
(3) Current Liabilities
(a)Financial Liabilities
(i) Borrowings
(ii) Trade Payables
- Total outstanding dues of micro enterprises
and small enterprises
- Total outstanding dues of creditors other than
micro enterprises and small enterprises
(iii) Other Financial Liabilities
(b) Other Current Liabilities
(c) Provisions
(d) Current Tax Liabilities (Net)
Total Current Liabilities
Total Liabilities
Total Equity and Liabilities
3,600.00
3,600.00
37,191.74
33,538.11
40,791.74
37,138.11
21.78
40.87
21.78
40.87
6,998.07
2,456.64
490.48
75.23

16,857.64
15,765.40
3,331.24
1,172.19
16,944.61
15,331.79
71.52
31.36
-
1,039.97
44,693.56
35,872.58
44,715.34
35,913.45
85,507.08
73,051.56

==> picture [184 x 21] intentionally omitted <==

ANNUAL FINANCIAL PERFORMANCE

H1FY20 Unaudited Consolidated Balance sheet as at September 30, 2019 (RS. IN LAKHS)

H1FY20 Unaudited Consolidated Balance sheet as at Septe
Particulars As at
Sept 30, 2019
(Unaudited)
As at
March 31, 2019
(Audited)
ASSETS
(1) Non current Assets
(a) Property, Plant and Equipment
(b) Capital Work-In-Progress
(c) Other Intangible Assets
(d)Financial Assets
(i) Investments
(ii) Loans
(iii) Other Financial Assets
(e) Deferred Tax Asset (Net)
(f) Other Non Current Assets
Total Non-Current Assets
(2) Current Assets
(a) Inventories
(b)Financial Assets
(i) Trade receivables
(ii) Cash and cash equivalents
(iii) Bank Balances other than (ii) above
(iv) Loans
(v) Other Financial Assets
(c) Other Current Assets
(d) Current Tax Assets (Net)
Total Current Assets
Total Assets
9,878.50
10,214.79
94.80
-
107.06
103.65
65.68
65.68
2,508.96
2,282.31
10,002.71
5,887.95
585.58
592.13
43.87
211.77
23,287.16
19,358.28
11,591.00
7,500.17
17,178.71
14,788.52
13,716.41
3,554.82
8,476.71
18,665.61
1,123.55
1,078.28
6,719.63
5,576.34
3,671.49
2,883.46
180.45
102.69
62,657.95
54,149.89
85,945.11
73,508.17

==> picture [401 x 388] intentionally omitted <==

----- Start of picture text -----

As at As at
Particulars Sept 30, 2019 March 31, 2019
(Unaudited) (Audited)
EQUITY AND LIABILITIES
(1) Equity
(a) Equity Share Capital 3,600.00 3,600.00
(b) Other Equity 36,943.25 33,330.71
Equity attributable to owners of Holding Company
40,543.25 36,930.71
Non- Controlling Interest 74.48 85.37
Total Equity 40,617.73 37,016.08
LIABILITIES
(2) Non-Current liabilities
(a) Financial Liabilities
(i) Borrowings 21.78 40.87
Total Non-Current Liabilities 21.78 40.87
(3) Current Liabilities
(a) Financial Liabilities
(i) Borrowings 7,507.68 2,938.27
(ii) Trade Payables
- Total outstanding dues of micro enterprises
and small enterprises 490.48 75.23
- Total outstanding dues of creditors other than
micro enterprises and small enterprises 16,931.51 15,838.86
(iii) Other Financial Liabilities 3,331.38 1,172.27
(b) Other Current Liabilities 16,952.96 15,339.17
(c) Provisions 91.59 47.45
(d) Current Tax Liabilities (Net) - 1,039.97
Total Current Liabilities 45,305.60 36,451.22
Total Liabilities 45,327.38 36,492.09
Total Equity and Liabilities 85,945.11 73,508.17
----- End of picture text -----

==> picture [184 x 21] intentionally omitted <==

COMPANY OVERVIEW

==> picture [184 x 21] intentionally omitted <==

PROJECT CLASSIFICATION

==> picture [151 x 151] intentionally omitted <==

==> picture [151 x 151] intentionally omitted <==

==> picture [151 x 151] intentionally omitted <==

==> picture [151 x 151] intentionally omitted <==

==> picture [151 x 151] intentionally omitted <==

Industrial Projects Institutional Projects Government projects Government residential Residential projects projects Construction of industrial buildings Construction of buildings for hospitals Focus only on challenging and Construction of buildings for group for pharmaceutical plants, food and healthcare services, prestigious government projects Execution of prestigious government housing and townships processing units, engineering units as educational institutes, malls, affordable residential projects Construction of independent well as manufacturing and hospitality services and corporate processing facilities. offices. Executed marquee projects - residences for select private Swarnim Sankul 01 and 02 at customers. Design-build of affordable high-rise Gandhinagar, Sabarmati Riverfront residential buildings cum Rich experience in catering to Track record comprises Zydus Development project works in commercial units at Naranpura & pharmaceutical manufacturers Hospital, GCS Medical College & Hospital, Commercial Projects at Ahmedabad, Renovation of Gujarat Vidhansabha Building Mukhya Mantri GRUH YojanaHathijan in Gujarat under the for AnuthamExecuted Seventy by bsafal, at gota, Gulmahor Mall at Ahmedabad Constructed industrial facilities for GIFT City, Hostel building for PDPU major Gujarat-based public sector among others. customer. Torrent Pharmaceuticals, Nirma, Intas Number of Government Pharmaceuticals, Cadila Projects Completed - 21 Number of Residential Healthcare, Claris Injectables, KHS Number of Institutional Projects Number of Government Projects Completed - 10 Machinery and Inductotherm (India), MRF Ltd. among others Projects Completed - 45 Residential Projects Projects Projects Completed - 02 Projects Number of Industrial Projects Completed - 52 Projects

==> picture [184 x 21] intentionally omitted <==

INFLECTION POINTS IN OUR JOURNEY

2009 DEC 2010 JUL 2009 APR 2011 JAN 2011 DEC 2008 AUG ACQUIRED THE OPPORTUNITY TO COMMENCED WORKING AWARDED ORDER TO AWARDED “SWARNIM SANKUL CONSTRUCT MEDICAL ON PM’S DREAM PROJECT INCORPORATION BUSINESS OF BPC CONSTRUCT 72 METER 01 & 02” – ONE MORE DREAM COLLEGE & HOSPITAL FOR OF SABARMATI PROJECTS ZYDUS HOSPITAL, A’BAD PROJECT OF PM GCS, A’BAD RIVERFRONT 2016 JUL 2014 APR 2014 APR 2016 APR 2012 APR P.S.PATEL (CMD) PROFILED IN ‘BUSINESS STARTED DESIGN BUILD PROJECT OF EXCELLENT CONTRACTOR OF YEAR AWARD BY REALTY PLUS GAME CHANGERS - SHUNYA SE SHIKHAR’ AFFORDABLE HOUSING FOR GUJARAT SAP IMPLEMENTATION THE YEAR 2016 BOOK HOUSING BOARD, A’BAD

2016 JUL 2014 APR 2016 APR AFFORDABLE HOUSING PROJECT OF THE P.S.PATEL (CMD) PROFILED IN ‘BUSINESS EXCELLENT CONTRACTOR OF YEAR AWARD BY REALTY PLUS GAME CHANGERS - SHUNYA SE SHIKHAR’ THE YEAR 2016 EXCELLENCE AWARDS (GUJARAT) 2016 BOOK

2017 JAN 2017 MAY 2017 JUN 2017 MAY PARTICIPATED IN HONOURED BY QUALITY EXCELLENCE IN DELIVERY AWARD VIBRANT GUJARAT MARK AWARDS 2017 PSP PROJECTS LISTED BY REALTY PLUS EXCELLENCE GLOBAL TRADE SHOW (BUILDING & ON NSE AND BSE AWARDS (GUJARAT) 2017 2017 CONSTRUCTION CATEGORY)

2017 JUL 2017 OCT AWARDED MOST ADMIRED AWARDED WITH SURAT MULTIDISCIPLINARY DIAMOND BOURSE CONSTRUCTION COMPANY PROJECT OF THE YEAR (GUJARAT)

2019 JULY 2019 JUNE 2019 FEB 2018 DEC 2018 SEP 2019 JUNE SPECIAL COMMENDATION FOR JURY AWARD BY CSR EXCELLENCE FOR MOST RESPECTED ENTERPRENURE AWARDED AS ONE OF BUILDING HIGH QUALITY AND CXO OF THE YEAR TO “GUJARAT “OUTSTANDING AWARD (CONSTRUCTION) TO SHRI INDIA’S “TOP INNOVATIVE INFRASTRUCTURE" Mr. P.S.PATEL CONTRACTOR CONTRIBUTION” BY TV9 P.S.PATEL BY HURUN REPORT CHALLENGERS” BY CNBC BAJAR ASSOCIATION” GUJARATI INDIA 2018

2019 SEPTEMBER 2019 SEPTEMBER 2019 OCTOBER FLICITATION TO "ASSEMBLY BUILDING FASTEST GROWING CONSTRUCTION & AT SARDAR BHAVAN CAMPUS, COMPANY OF THE ENGINEERING COMPANY BY CREDAI GUJARAT" AS "IGBC NEW BUILDING - YEAR GOLD"

2019 OCTOBER SECOND FASTEST GROWING CONSTRUCTION COMPANY IN SMALL CATEGORY” ANS "TOP CHALLENGERS AWARDS

==> picture [184 x 21] intentionally omitted <==

LEADERSHIP TEAM

Prahaladbhai Shivrambhai Patel Chairman, Managing Director and CEO

Mahesh Patel is the Vice President - Prahaladbhai Shivrambhai Patel Operations of our Company. He has Is Chairman, Managing Director been with the company since inception And CEO Of PSP Projects Ltd. Mr. Patel Is First Generation & has played a major role in company’s Entrepreneur & Carries A Rich success. He has 26 years of experience Experience Of 33+ Years In in project execution of construction Construction Industry. He Holds industry. He holds a degree of diploma Bachelor’s Degree In Civil in civil engineering. Engineering • Featured In Book ‘Business Mahesh Patel Vice President - Operations Game Changer: Shoonya Se Shikhar’ By Prakash Biyani Maulik Patel is the Director - And Kamlesh Maheshwari, Procurement of our Company. • Received ‘The Dena Bank Along with Mahesh Patel, Maulik Hercules Award’ By Gujarat Innovation Society For Patel is also associated with Innovation And Quality In company since company’s India’s Construction And establishment & has played a vital Infrastructure Sector. role in company’s success story. He • Awarded Most Respected holds a Bachelor’s Degree in Entrepreneur Award Commerce. (Construction) by Hurun Report India 2018 Maulik Patel Director - Procurement

==> picture [184 x 21] intentionally omitted <==

EXPERIENCED MANAGEMENT

==> picture [161 x 175] intentionally omitted <==

==> picture [161 x 175] intentionally omitted <==

Hetal Patel is the Chief Financial Officer of our Company. She holds a Master’s degree in commerce from Gujarat University. She is a member of the Institute of Chartered Accountant of India.

Pooja Patel is the Executive Hetal Patel is the Chief Financial Director of our company. She Officer of our Company. She holds holds a Bachelor’s degree in Civil a Master’s degree in commerce Engineering from Gujarat from Gujarat University. She is a Technological University & member of the Institute of Diploma in Financial Management Chartered Accountant of India. from Ahmedabad Management Association. She is actively She is also a certified internal involved in the execution of the auditor from the Institute of projects for past 5 years and is Internal Auditors, USA. She has presently looking after the Surat 19 years of experience in accounts Diamond Bourse Project. She also and finance & associated with represented our company twice in PSP Projects for past 6 Years . Indian Concrete Institute Chapter1, Ahmedabad.

==> picture [173 x 175] intentionally omitted <==

Ramjibhai Parmar is the General Manger - Tender of our Company. He holds a Diploma in Civil Engineering. He has 30+ years experience in Contracts & Tendering of a Construction Industry. He is associated with PSP Projects for past 6 Years.

==> picture [161 x 175] intentionally omitted <==

==> picture [168 x 175] intentionally omitted <==

Mittali Christachary is the Company Pratik Thakkar is General Manager - Business Development Secretary & Compliance Officer of our company. She is an Associate of our company. He holds a member of the Institute of company Bachelor’s Degree in Commerce Secretaries of India (ICSI). She also and Diploma in Marketing holds a Bachelor’s Degree in Management. He has 11 years’ Commerce and a Bachelor’s experience in Business Degree in Law from Gujarat Development & Tendering in University. She has 4 years of Construction Industry. He has experience in all company been with the company for 5 Secretarial functions and years. compliances.

==> picture [184 x 21] intentionally omitted <==

CAPABILITIES

People ramp-up Plants, machinery and IT investments Capability 15 in 2008 to more than 1300 vehicles Implemented SAP and Multiple project location direct employees plus 8000+ Invested Rs 150 cr in assets CANDY; enhanced informed management contract employees for timely project delivery decision-making 1 2 3 4 Proven Diverse capability Customer types Accreditation Extensive experience and Multi-storied buildings, highGovernment and private ISO 9001, ISO 14001 and proven track record in rises, hospitals, industrial clients ISO 45001 (Quality, delivering high-valued and buildings, educational Environment Protection and time-critical projects with institutions, commercial Worker Safety) quality buildings 5 6 7 8

==> picture [184 x 21] intentionally omitted <==

STRENGTHS

Execution record:

Execution Robust orders: Experience: Financial One Stop Shop: record: Order book of Promoter strength: Offering EPC Diverse projects Rs 3191 cr as on (Prahaladbhai A strong balance service for the mix; completed 30[th] Sept 2019 Shivrambhai sheet helps in Building Project projects across (to be addressed Patel) with 30+ successful – from Design to segments. within 24 to 30 years of sectoral project Construction, months) experience; completion MEP to Interior supported by Fit-out. experienced professionals

Impressive Ration of repeat business

Torrent Pharma, Zydus Cadila Group, DDU, BAMUL,MRF

==> picture [184 x 21] intentionally omitted <==

PREFERRED CHOICE

Projects under execution

(as on 30th Sept 2019)
AVERAGE
TICKET SIZE OF
PROJECTS
48
Frugal cost
structure;
enhanced
competitiveness
Active promoter
involvement;
enhanced client
assurance
Track record of
timely project
completion with
committed quality
Large and multiple
project
management
capability
Selective choice of
margin-enhancing
projects
Rs8.54Cr
In 2012-13
Rs42.91 Cr
In 2018-19
*Actual image of Brigade at GIFT City

==> picture [184 x 21] intentionally omitted <==

WIDENING HORIZONS

Focus on buildings Steady investment Strong qualification construction in people, capabilities to (commercial, equipment, participate in high“ residential, technology and value projects industrial and systems, (worth Rs 600-800 Building is institutional) strengthening crore) across India business sustainability my passion Extending from Executing projects Intending to P.S. Patel , Gujarat to other in Rajasthan, increase non- Chairman, Managing Director and CEO geographies; Karnataka & Gujarat revenue to infrastructure in Maharastra 30% of total place business

==> picture [184 x 21] intentionally omitted <==

WIDENING HORIZONS - ONE-STOP BUILDINGS CONSTRUCTION SHOP

Extended to Mechanical, Now providing Complementary Commenced as Civil Engineering and complete solution – alliances with major construction Plumbing (MEP), Design to contractor Interior & now construction – one- design firms and MEP consultants O&M Services stop shop too.

==> picture [184 x 21] intentionally omitted <==

WIDENING HORIZONS

==> picture [359 x 451] intentionally omitted <==

==> picture [542 x 449] intentionally omitted <==

----- Start of picture text -----

GUJARAT RAJASTHAN
BHIWANDI
MAHARASTRA
KARNATAKA
DELHI
----- End of picture text -----

==> picture [184 x 21] intentionally omitted <==

PRIDE-ENHANCING CLIENTELE

==> picture [202 x 145] intentionally omitted <==

==> picture [247 x 122] intentionally omitted <==

==> picture [248 x 122] intentionally omitted <==

==> picture [219 x 129] intentionally omitted <==

==> picture [125 x 136] intentionally omitted <==

==> picture [268 x 94] intentionally omitted <==

==> picture [96 x 97] intentionally omitted <==

==> picture [211 x 81] intentionally omitted <==

==> picture [207 x 114] intentionally omitted <==

==> picture [114 x 91] intentionally omitted <==

==> picture [164 x 107] intentionally omitted <==

==> picture [156 x 109] intentionally omitted <==

==> picture [172 x 110] intentionally omitted <==

==> picture [249 x 59] intentionally omitted <==

==> picture [184 x 21] intentionally omitted <==

CERTIFICATIONS

==> picture [615 x 450] intentionally omitted <==

ISO 9001:2015 + ISO 14001:2015 + ISO 45001:2018

Approved Contractor as ‘AA’ class and “Special Category–1 in Buildings Class” with Government of Gujarat

Approved Contractor as ‘AA’ class with Ahmedabad Municipal Corporation

Registered as ‘A’ class approved electrical contractor in Roads and Buildings Department, Government of Gujarat

==> picture [184 x 21] intentionally omitted <==

AWARDS

==> picture [133 x 113] intentionally omitted <==

EXCELLENT CONTRACTOR OF THE YEAR 2015-16” BY “GUJARAT CONTRACTOR ASSOCIATION” DURING “GUJARAT CONTRACTOR SUMMIT 2016

==> picture [148 x 173] intentionally omitted <==

----- Start of picture text -----

AFFORDABLE HOUSING PROJECT OF THE
YEAR” FOR “MUKHYAMANTRI GRUH YOJNA”
BY “REALTY PLUS EXCELLENCE AWARDS
(GUJARAT) 2016”
----- End of picture text -----

==> picture [132 x 113] intentionally omitted <==

QUALITY MARK AWARD 2017 (BUILDING & CONSTRUCTION CATEGORY) BY QUALITY MARK TRUST

==> picture [133 x 113] intentionally omitted <==

HERCULES AWARD 2017 TO SHRI P.S.PATEL

==> picture [133 x 113] intentionally omitted <==

“EXCELLANCE IN DELIVERY” FOR “THE SIGNATURE BY HIRANANDANI” BY “REALTY PLUS EXCELLENCE AWARDS (GUJARAT) 2017”

==> picture [148 x 173] intentionally omitted <==

----- Start of picture text -----

“THE MOST ADMIRED MULTIDISCIPLINARY
CONSTRUCTION COMPANY OF THE YEAR
(GUJARAT) BY THE RISING LEADERSHIP
AWARDS 2017
----- End of picture text -----

==> picture [147 x 173] intentionally omitted <==

----- Start of picture text -----

CONSTRUCTION WORLD’S TOP
CHALLENGERS OF 2017-18 BY
CONSTRUCTION WORLD GLOBAL AWARDS
2018
----- End of picture text -----

==> picture [148 x 173] intentionally omitted <==

----- Start of picture text -----

MOST RESPECTED ENTERPRENURE AWARD
(CONSTRUCTION) TO SHRI P.S.PATEL BY
HURUN REPORT INDIA 2018, DEC 13TH
----- End of picture text -----

==> picture [148 x 173] intentionally omitted <==

----- Start of picture text -----

CSR EXCELLENCE FOR “OUTSTANDING
CONTRIBUTION” BY TV9 GUJARATI, 16 [TH] FEB
2019
----- End of picture text -----

==> picture [184 x 21] intentionally omitted <==

==> picture [453 x 218] intentionally omitted <==

Thank You

PSP Projects Ltd.

‘PSP House’,

Opp. Celesta Courtyard, Opp. Lane of Vikramnagar Colony, Iscon-Ambli Road, Ahmedabad – 380058

P - +91 79 2693 6200/6300/6400

E – [email protected] I W – www.pspprojects.com

==> picture [184 x 21] intentionally omitted <==