Post on 29-Mar-2018
Investor Presentation
DISCLAIMER
• This presentation is for information purpose only and does not constitute an offer, solicitation or advertisement with respect to the purchase or sale of any security of Punj Lloyd (the “Company”) and no part of it shall form the basis of or be relied upon in connection with any contract or commitment whatsoever.
• This presentation is not a complete description of the Company. Certain statements in the presentation and, if applicable, the subsequent question and answer session and discussions concerning the Company’s future growth prospects contain words or phrases that are forward looking statements. All forward looking statements are subject to risks, uncertainties and assumptions that could cause actual results to differ materially from those contemplated by the relevant forward looking statement. Any opinion, estimate or projection herein constitutes a judgment as of the date of this presentation, and there can be no assurance that future results or events will be consistent with any such opinion, estimate or projection. The information in this presentation is subject to change without notice, its accuracy is not guaranteed, it may be incomplete or condensed and it may not contain all material information concerning the Company. We do not have any obligation to, and do not intend to, update or otherwise revise any statements reflecting circumstances arising after the date of this presentation or to reflect the occurrence of underlying events, even if the underlying assumptions do not come to fruition.
• All information contained in this presentation has been prepared solely by the Company. No information contained herein has been independently verified by anyone else. No representation or warranty (express or implied) of any nature is made nor is any responsibility or liability of any kind accepted with respect to the truthfulness, completeness or accuracy of any information, projection, representation or warranty (expressed or implied) or omissions in this presentation. Neither the Company nor anyone else accepts any liability whatsoever for any loss, howsoever, arising from any use or reliance on this presentation or its contents or otherwise arising in connection therewith. This presentation may not be used, reproduced, copied, distributed, shared, or disseminated in any other manner.
2
Energy, Infrastructure & Defence solutions
Punj Lloyd
Group
Energy / Infrastructure /
Defence
PUNJ LLOYD Buildings
Infrastructure
Utilities
SEMBAWANG
E & C
PL
ENGINEERING
Oil & Gas
Petrochemicals / Chemicals
Power – Nuclear / Thermal
Automotive / Aerospace
PL
Engineering
Punj Lloyd
Sembawang
Engineers &
Constructors
Punj Lloyd
Group
Energy, Infrastructure & Defence solutions
Punj Lloyd Group
Providing EPC services for :
Utilities
• Water Treatment Facilities
• Sewage Treatment Facilities
• Reservoirs
• Centralised Utilities
Buildings
• Hospitality & Leisure
• Commercial, Industrial, Institutional
&
Residential Complexes
• Healthcare
• Townships & Industrial Parks Infrastructure
• Subway & Metro Systems
• Airports
• Highways & Expressways
• Bridges, Flyovers & Interchanges
• Tunnels & Caverns
• Seaports & Terminals
Energy Infrastructure
Telecom
Defence Oil & Gas
Power
• Offshore
• Onshore Field Development
• Pipelines
• Tanks & Terminals
Polymers & Petrochemicals
• Refineries
• Chemicals
Process
• Thermal
• Nuclear
Renewables
• Solar
• Biofuels
• Water treatment
• Land Systems
• Aviation
• Electronics
Investor Presentation
PUNJ LLOYD LTD
Overview
• Providing services in Energy, Infrastructure, Defence and Petrochemicals Sectors
• Presence in 22 countries across South East Asia (Singapore, Hong Kong, Indonesia, Thailand etc) South
Asia, Middle East & Africa etc.
• Rich multicultural manpower from different nationalities
• International clients includes Government, Major Oil & Gas Companies, Power Developers & big Private
sector Companies
• Equipment Assets worth US $ 426 million
• Declared ‘Infrastructure Company of the Year’ at Essar Steel Infrastructure Awards 2010 in association
with CNBC TV 18
• Dedicated Defence Manufacturing Facility at Malandpur, near Gwalior in Madhya Pradesh
• Floated “Infrastructure development” arm of the group by the name of “Punj Lloyd Infrastructure Ltd”,
as 100% subsidiary, with focus on Road Projects (PPP/ BOP) & Solar Power
• Strategic Equity Investments in Businesses – Security Services, Insulation, Health Care & Airline MRO
(Maintenance, Repair & Operations)
• Maintains high standards of Health, Safety, Environment, Quality & Security
5
Energy, Infrastructure & Defence solutions
Customer Integration
Responsive to
Market Challenges
Experience &
Resources Quality
Multi-Cultural Teams
Safety
Sustainable
Development Working Global, Thinking Local
Value Drivers
Energy, Infrastructure & Defence solutions
Differentiators
No.1 in Polymers Worldwide
Diversified Portfolio
Equity Participation
Technology Integration
Total Project Life Cycle Support
In-house Engineering
Exceeding Customer
Expectations
Enviable HSEQ records
Large Fleet of Construction Equipment
Investor Presentation
SEMBAWANG ENGINEERS AND CONSTRUCTORS PTE LTD
• Acquired by Punj Lloyd in June 2006 and headquartered in Singapore
• Over 30 years of professional excellence in Civil Infrastructure & Buildings, Utilities, Transportation,
Environmental & Power sectors.
• Fulcrum of activities centering around Project delivery and Project development underwriting.
• In Project delivery underwriting, one of the leading EPC company in Singapore
• Operations across Singapore, Hong Kong, Indonesia etc
• Undertaken diverse spectrum of complex projects in specialized area of mega infrastructure, high
rise building & utility work
• Expended into project development underwriting (Coal Mining & Commercial Real Estate etc) to enhance
competitiveness improve value-adds and to diversify revenue base.
• Revenues for Year ended March 31, 2014 : US$ 183 Million
• Order Backlog (unexecuted as on March 31, 2014 : US$ 253 Million
and orders received after that)
• Employee strength : 635
• Only Construction Co. to have been awarded the main construction contract for both integrated resorts in
Singapore – The Resorts at Sentosa & the Marina Bay Sands (MBS).
• 1st Local contractor to win more than S$ 1 billion orders in a single year.
• Acquired certificates of ISO 9001, ISO 14001 and OHSAS 18001 for quality, environmental and safety,
respectively
8
Overview
Investor Presentation
PL ENGINEERING LTD
9
Overview
PL Engineering, a subsidiary of Punj Lloyd and headquartered in Gurgaon, India, is a multi-disciplinary
Design and Engineering Company.
• Engineering services for Oil & Gas, Petrochemical/ Chemical, Power (Thermal & Nuclear), Infrastructure,
Polysilicon, Automotive & Aerospace industry
• Complete offering from Concept to Commissioning
• Pre–Bid Engineering
• FEED (Front End Engineering Design)
• Detailed Design & Engineering
• Engineering support during Procurement/ Construction
• Works as captive for Group companies as well as serves Global Clients
• Offices in India, Middle East, UK & South East Asia
• One of the few Engineering Companies qualified by Department of Atomic Energy, India for doing
engineering for Nuclear Power Plants
• More than 585 people
• ISO 9001 certified
Investor Presentation
LUV CHHABRA Director – Corporate Affairs
ATUL PUNJ Chairman
Awarded the ‘E&Y Entrepreneur
of the Year 2007’ award
P.N. KRISHNAN
Director – Finance & Accounts
M M NAMBIAR
Chairman
C-DOT Alcatel Lucent
Research Centre Pvt Ltd
DR. NARESH KUMAR
TREHAN Chairman Medanta
CHANDRA KISHORE THAKUR
CEO – Power
MICHAEL HEERDT President & CEO
Sembawang E & C
ASHOK WADHAWAN
President - Defence
ATUL KUMAR JAIN
CEO - Pipelines and Tankages
NIDHI KUMAR NARANG
Chief Financial Officer
RAJENDRA KHANDALKAR
President Central Procurement Group
BOARD OF DIRECTORS OTHER SR. MANAGEMENT PERSONNEL
DINESH THAIRANI
Group President
Legal & Company Secretary
R K Grover
CEO - Process
DEEPA KAPOOR
Group Head HR & Admin
VINAY KRISHAN SOOD Group Head – Investor Relations
INDEPENDENT DIRECTORS
PHIROZ VANDREVALA Executive Director,
Tata Consultancy Services
MS EKATERINA
SHARASHIDZE Ex. Minister of Economic
Development
Govt. of Georgia
10
Professional and Experienced Management
10
LOUISE SHARMA VP & Group Head – Corporate
Communication
J.P. CHALASANI
Managing Director and
Group CEO
MITHLESH SATIJA
VP- Risk & Internal Audit
V P SHARMA
CEO - Offshore
RAVINDRA KANSAL
Group President - Strategic
Initiatives
SHANTANU KARKUN
CEO – Buildings & Infrastructure
Investor Presentation
11
CASPIAN
PUNJ LLOYD KAZAKHSTAN LLP
ATYRAU
ASIA PACIFIC
PUNJ LLOYD PTE LTD
SINGAPORE
REGIONAL HEADQUARTERS
MIDDLE EAST
PUNJ LLOYD LTD
ABU DHABI
SOUTH ASIA
PUNJ LLOYD LTD
GURGAON
EUROPE
SIMON CARVES ENGINERING
LTD
UK
AFRICA
PUNJ LLOYD LTD
LIBYA
SUBSIDIARIES
PUNJ LLOYD INFRASTUCTURE
LTD , INDIA
PUNJ LLOYD DELTA
RENEWABLES PVT. LTD
INDIA
PUNJ LLOYD UPSTREAM
LTD, INDIA
SEMBAWANG ENGINEERS &
CONSTRUCTORS PTE LTD
SINGAPORE
PL ENGINEERING LTD
INDIA
DAYIM PUNJ LLOYD
CONSTRUCTION
CONTRACTING CO LTD
SAUDI ARABIA
JOINT VENTURE COMPANIES
KAEFER PUNJ LLOYD LTD
INDIA
THIRUVANANTHAPURAM ROAD
DEVELOPMENT COMPANY LTD,
INDIA
ORGANISATIONAL STRUCTURE
PUNJ LLOYD OIL & GAS,
MALAYSIA
PUNJ LLOYD PTE LTD,
SINGAPORE
PT PUNJ LLOYD, INDONESIA
Investor Presentation
Australia
Bahrain
China
Colombia
Hong Kong
Indonesia
Kazakhstan
Kenya
Libya
Malaysia
Myanmar
Oman
Qatar
Saudi Arabia
Thailand
Turkmenistan
Yemen
Kuwait
India
Singapore
UK
GLOBAL PRESENCE
UAE
12
Investor Presentation
13
1st EPC contract
in oil & gas sector
Large Diameter
gas pipeline
contract by GAIL
1st overseas
pipeline contract
in swamp &
shallow water
1st highway
construction
project
1st Thermal
power project 5 Refinery
Projects
(including two
EPC Refinery
Projects)
1st LNG Terminal
1st
Middle East
contract
1st overseas
contract –
Indonesia
1st
pipeline
project
Entry into
Caspian region
1st Overseas
EPC Pipeline
contract in
Offshore
EPC Storage
Terminal contract
in Asia Pacific
1st LPG
Cryogenic Tank
Project
1st EPC (India)
pipeline contract
in offshore
1st Refinery
Project
Acquired
Sembawang
Engineers &
Constructors Private
Limited
Punj Lloyd
Upstream Ltd
incorporated
World largest single
stream LDPE Plant
in U.K. Opens offices in
Hong Kong,
Turkmenistan and
Thailand
PL Engineering tied
up with GECI, India
& Dassault
Systemes, France
First offshore project
in Middle East
Moving up the construction
value chain with a
broadened geographic
footprint and service
offering
JOURNEY & MAJOR MILESTONES – THE GROUP
Engineering
and
Design
Procurement
and
Fabrication
Construction
and
Management
Construction
Group forays into
Solar Utility space
Forays into
Defence sector
Bagged first drilling
contract in Libya
Investor Presentation
MAJOR BREAKTHROUGHS – THE GROUP
South East Asia’s most
advanced Underground
Expressway including 9
km tunnel Only Indian Co.
to be awarded
Pipeline of the century –
BTC pipeline
Constructed Changi’s
Water Reclamation Plant &
Resorts World at Sentosa
132 years of
experience in
polymers
& petrochemicals
3 LNG Terminals and LPG
tank farms in India and
over 300 tanks globally
Singapore’s
LRT / MRT
Changi Airport
Terminal Extension
Nuclear > 3 million
engineering man hours
World’s largest
Wheat based
Bioethanol Plant
All terrain pipeline
specialists,
With over 11,000 km,
larger dia pipelines
Executing Power Projects
for more than 2240 MW
as EPC Contractor (BOP)
14
Investor Presentation
ONSHORE FIELD DEVELOPMENT & GAS PROCESSING
• EPC of Tie-ins for Abu Dhabi Company for Onshore Oil Operations, Abu Dhabi
• Shah Gas Gathering – Package 1 for Abu Dhabi Gas Development Co. Ltd, Abu Dhabi
• EPC of Spiking Compressor for Abu Dhabi Company for Onshore Oil Operations, Abu Dhabi
• Huwailah Field Development for Abu Dhabi Company for Onshore Oil Operations, Abu Dhabi
• Jarn Yaphour Field Development for Abu Dhabi National Oil Company, Abu Dhabi
• New Water Treatment Plant and Central Processing Facilities Upgrade for Occidental Mukhaizna LLC,
Oman
• Natural Gas Pipeline in Tuas and Jurong Area, Singapore
• Total E&P Tambora Field Development Project Phase 2, Indonesia
• Peciko Field Development Phase 4 for TotalFinaElf, Indonesia
• KODECO Onshore EPC Services for Poleng Process Platform
• Petro China EPC Service for Betara Complex Development, Sumatra
• Gas Field Development for Oil India Limited, India
16
Investor Presentation
OFFSHORE PIPELINES
• WO-16 Cluster & SB 14 Pipeline Project India ONGC
• EPC of offshore pipeline India GSPL
• Uran Trombay Jawahardeep Oil Pipeline India ONGC
• Uran Trombay Gas Pipeline Project India ONGC
• Tambora Field Development, Phase 2 Indonesia Total
• Tunu Field Development Phases 4 – 9 Indonesia Total
• Panaran Pemping Gas Pipeline Indonesia PGN
OFFSHORE PLATFORMS • Platform Compression Facilities Project Indonesia Pertamina
• Platform Compression Facilities Project Thailand PTT
• Heera Redevelopment Offshore Platform India ONGC
• Betara Complex Development Project Indonesia Petro China
• South Utility Platform (TP 11 S / EPSC 5) Indonesia Total
• Poleng Process Platform, Indonesia Indonesia Korea Development
17
Investor Presentation
PIPELINES
• Acknowledged as one of the leading pipeline contractors in the world
• Successfully commissioned large dia pipelines
• Laid more than 11,000 km pipeline world over
• Known as ‘All terrain experts’ with experience of laying pipelines in mountains, deserts, swamps and shallow water
• Owns and maintains 20 spreads of pipeline equipment up to 56” dia
• Owns 18 automatic welding machines. Punj Lloyd introduction this technology in India
• Owns HDD equipment up to 400 mtr
• Owns a flotilla of pipe laying barges capable of laying in pipe in varying depths
18
Investor Presentation
PIPELINE PROJECTS
• Falcon Jet fuel Pipeline & Bulk Terminal Facilities, Abu
Dhabi
• Onshore Gas Pipeline Project, Thailand
• Strategic Gas Transmission Project, Qatar
• Sabah Sarawak EPC Gas Pipeline, Malaysia
• OGC Pipelines, Oman
• EPIC of Doha Urban Pipeline Relocation, Qatar
• Ethylene and Butane Pipelines, Qatar
• Melita-Tripoli & El Khoms -Tripoli Gas Pipeline, Libya
• EPC for Oil & Gas Export Pipelines, Kazakhstan
• South Sumatra to West Java Gas Pipeline Phase I,
Indonesia
• Huwailah Field Development, Abu Dhabi
• Flowlines and Well Heads Installation, Abu Dhabi
• Gas Export Pipeline, Oman
• BTC & SCP Pipeline, Georgia
• SGP Flowlines, Kazakhstan
• Baku-Tbilisi-Ceyhan Crude Oil Pipeline Project, Turkey
• KAM Pipeline Project, Kazakhstan
• EPC of offshore pipeline
• Vijaipur – Kota Pipeline
• Dabhol Bangalore Pipeline
• East West Gas Pipeline
• Dabhol-Panvel Pipeline
• Backwater and Onshore Pipeline, Kerala
• Dahej-Uran Pipeline
• Mundra-Delhi Pipeline
• Uran Trombay Pipeline, Mumbai
• Shore Approach Pipeline, Adani
• Dahej-Vijaipur Pipeline
• Mangalore-Bangalore Multi-Product Pipeline
• Jamnagar-Loni LPG Pipeline
• Gas Rehabilitation & Expansion Project
• Kandla-Bhatinda Multi-Product Pipeline
• South Bassein Hazira Trunkline
Projects Overseas Projects In India
19
Investor Presentation
TERMINALS & DOCKS
• EPC Refrigeration storage tanks at Jiangsu, China
• Storage Terminal with 120,000 DWT berth, Singapore
• Oil Tanking Terminal for Oil Tanking(S) Pte Ltd, Singapore
• Construction of dry dock and wharves, Singapore
• Construction & Erection of Jetty at Pulau Seraya, Singapore
• Construction of Container Feeder Berth, Singapore
• Finger Pier extension at Sembawang Shipyard, Singapore
• Jetty Extension at Loyang Crescent, Singapore
• Karimun Shipyard Development, Indonesia
• Zouec / DPEC LPG Terminal Project in China
20
Investor Presentation
TANKS & TERMINALS
Crude / Cryogenic LNG & LPG Tanks
• In-house design capability
• Only contractor involved in the construction of all 3 LNG
terminals in India – Dabhol, Hazira, Dahej
• Only Indian Contractor to have executed LPG/Cryogenic
tanks on EPC basis including mechanical, civil and
insulation work
• First Indian contractor to have constructed LNG
regasification terminal
21
Investor Presentation
TANKS & TERMINALS
• LPG Import Terminal Project, Oil Petronas Pvt. Ltd
• Bhogat Terminal Project, Cairn Energy India Limited
• Offsite & Storage Facilities for Panipat Refinery Indian Oil Corporation Ltd.
• Onshore Gas Development Phase III Abu Dhabi Gas Industries Ltd.
• Yemen LNG Project For Utilities & Offsites Yemen LNG Company Ltd., Yemen
• Fuel Systems New Doha International Airport, Qatar
• Bulk Liquid Storage & Blending Facility at Meranti Helios Terminal Corporation Pte. Ltd., Singapore
• Tank Terminal Project at Pulau Busing Tankstore – Singapore
• LNG Storage (2X148,000M3) Tank Expansion Dahej for IHI
• Jurong Bulk Liquid Product Terminal Horizon Terminals Pte. Ltd. – Singapore
• Low Storage (2x160,000 M3) for Receiving Terminal Hazira for Shell
• LNG Storage (3X160,000M3) and Regasification Terminal Dabhol for Skanska
• Steel Storage Tanks for Water and Power Project Technip
Built in excess of 8 million m3 of storage capacity
22
Investor Presentation
PROCESS – REFINERIES
• As world leaders in process plants, we offer complete range of planning, design, engineering and construction
services in turnkey and composite construction projects
• Expertise to execute a diverse and complex range of projects ranging from Sour Water Stripper, Amine
• Treater, Amine Recovery, Sulphur Recovery, Visbreaker, Crude Distillation, Hydrocracker, Hydrogen and vacuum
Distillation
• Ability to work in live plants within restricted spaces and under tight schedules, while maintaining highest
standards of health, safety, quality and environment
• Completed 15 Refinery Modernisation projects
23
Investor Presentation
REFINERIES / EPC
• Process Facilities and Utilities for crude oil storage Cavern, Mangalore for Indian Strategic Petroleum Reserves Ltd
• Paradip Refinery Project, Indian Oil Corporation
• Cuddalore Refinery Project, Nagarjuna Oil Corporation Limited
• EPC Kerosene Distillation Unit Plant and Construction of Main Building & Amenities, Singapore
• Yemen LNG Project For Utilities & Offsites Yemen LNG Company Ltd., Yemen
• Fuel Systems New Doha International Airport, Qatar
• Peciko Field Development Phase 4, Indonesia TotalFinaelf
• Motor Spirit Quality Upgradation Project Indian Oil Corporation Ltd., India
• Delayed Coker Unit, Indian Oil Corporation Ltd., India
• Sulphur Block, Bharat Oman Refinery Ltd., India
• Hydrocracker Unit & Hydrogen Generation Unit Indian Oil Corporation Ltd., India
• Sulphur Blocks Six Indian Refineries
• 37,000 TPA Grass Root MTBE Plant Indian Oil Corporation
• Hydrocracker Units, Mathura Refinery Indian Oil Corporation
• Constructed Critical Sections CDU/VDU/VBU Indian Refineries
• 10.5 MTPA Essar Refinery, Vadinar, Gujarat
24
Investor Presentation
POLYMERS & PETROCHEMICALS
• World’s leading specialist engineering contractor for low density Polyethylene (LDPE)
• Wealth of experience in polymers with over 70 plants to its credit
• Involved in all categories ranging from LDPE, linear low density polyethylene (LLDPE) and high density polyethylene
(HDPE), polypropyline (PP), polyvinyl chloride (PVC), polyester (PET) and acrylics
• Designed and constructed vinyl chain, oxo alcohols and caprolactum projects
• EPC for 300 KTPA LDPE Plant, Thailand for PTT Polyethylene Co.
• Engineering and Project Management of 30,000 MTPY Specialty Chemical Plants, Indonesia
• FEED & EPC for 400 KTPA LDPE Plant, UK for Huntsman
• EPC for 300 KTPA LDPE Plant, Iran for Amir Kabir
• EPC for 250 KTPA Polystyrene Plant, Iran for Pars Petrochemical
• 400 KTPA LDPE Plant, China for BASF-YPC
• 226,000 TPA LDPE Project, Jubail, Saudi Arabia
• EPC of Polyurethane Plant, Seraya, Jurong Island, Singapore
• EPCM 90,000 TPA chemical plant, China
• EPC Quaternary Ammonium Product, Jurong Island, Singapore
• EPCM for 70,000 MTPY PA Plant, China
25
Investor Presentation
RENEWABLES
• Punj Lloyd Delta Renewables is capable of developing, engineering and executing renewable energy based
projects.
• The company’s key focus is on Solar Photovoltaics (including Polysilicon and Solar Thermal)
• The Group is also focused on special projects to develop non conventional sources of energy - Bio-fuel and
Polysilicon
Project Experience
• Recently awarded Qatar’s first Polysilicon plant 4000 MPPY capacity from Qatar Technologies
• Commissioned World’s largest wheat based ethanol plant in the UK
• Solar PV Lighting, India Reliance Industries
• Solar Water Treatment (850 plants), India Govt. of Bihar
• Five Turnkey Solar Power Projects Govt. of Punjab
• 5 MW Solar PV Plant - Jawaharlal Nehru National Mission,
Rajasthan
26
Investor Presentation
POWER – THERMAL
• 3 x 18 MW Coal Fired Steam Power Plant, P. T. Citra Kusuma Perdana at Sangatta, East Kalimantan, Indonesia.
• 2 x 30 MW Coal Fired Power Project, Poyry Energy Ltd, Indonesia
• 2 x 300 MW Power Plant, Haldia Energy Ltd., West Bengal
• 2 x 300 MW Thermal Power Project, Dhariwal Infrastructure Pvt. Ltd., Chandrapur, Maharashtra
• 2 x 270 MW Thermal Power Station, GVK Power (Goindwal Sahib) Ltd, Tarn Taran, Punjab
• 2 x 250 MW Thermal Power Station, Rajasthan Rajya Vidhyut Utpadan Nigam Ltd., Chhabra, Rajasthan
• 4 x 250 MW Jindal Power Plant, Chhattisgarh
• 6X600 MW Thermal Power Plant, SEPCO, Champa, Chattishgarh
• EPC 3 x 700 MW Power Plant - BOP Components, erection of Turbine & Generator and Coal and Ash Handling Plants, Malaysia
• EPC High Pressure piping system for 250 MW Power Plant, Singapore
• EPC 815 MW CCP - balance of plant including Civil & Structural work, Singapore
• EPC High Pressure piping system for 150 MW Paka Power Plant, Malaysia
27
Investor Presentation
NUCLEAR
• Underground Civil Work for Nuclear Power Corp. of India
• EPC of nuclear equipment and piping for systems for Nuclear Power Corp. of India
• Upgrade of Britain’s Submarine Refit Complex at Devonport
• Nuclear Fuel Reprocessing for Sellafield Facility, UK for BNFL
• New Fuel Oxide Plant for BNFL, UK
• Vitrification Plant for BNFL, UK
• Rajasthan Atomic Power for Nuclear Power Corp. of India
28
Investor Presentation
B&I – BUILDINGS, TRANSPORTATION & UTILITIES
• Executed a highly diverse range of projects ranging from
luxurious villas and hotels to high end healthcare
• Offering integrated design & construction services in :
– Hospitality & Leisure including hotels and resorts
– Commercial complexes
– Industrial complexes
– Healthcare
– Residential complexes
• Building fast-track projects with focus on value engineering
29
BUILDINGS
Investor Presentation
30
Commercial Complexes
• Tinjan International Building, China
• The Exchange and Yangtze Plaza
• German Centre for Industry & Trade, Singapore
• Two commercial buildings at Hiranandani Palace Gardens in Panvel, SEZ, HIRCO Group
Hotels & Resorts
• Marina Bay Sands Integrated Resort’s, North Podium comprising the casino, theatres and Retail
arcade
• Hotels, beach villas, oceanarium and water theme park for Resorts World Sentosa, Singapore
Industrial Parks
• GE Industrial Park, Beijing Economic Development Zone
• Vietnam Singapore Industrial Park, Vietnam
Healthcare Facilities & Hospitals
• Institute Complex, Rai Bareli, India
• Medical College and Hostel Complex, AIIMS, Raipur, India
• Medanta, The Medicity, India
• Singapore National Eye Centre
• Changi General Hospital Substructure Package
Residential Complexes
• The Jumeirah Islands Villa Project, Dubai
• The Edge on Carnhill in Singapore
• Satellite Township in India.
BUILDINGS
Investor Presentation
TRANSPORTATION
• Enhancing commuter’s travel experience by projects in :
– Subway and metro systems
– Airports
– Highways & Expressways
– Bridges, Flyovers & Interchanges
– Tunnels & Caverns
– Seaports & Terminals
• In India, our owned bituminous road and concrete paving
equipment has seen us deliver over 18 highway projects,
some falling under the prestigious Golden Quadrilateral
• In Singapore, we have built more than 75% of the city’s LRT
systems
31
Investor Presentation
TRANSPORTATION
Subway & Metro Systems
• Expansion of the existing MRT network including New Circle Line and DownTown Line in Singapore
• Design and construction of elevated viaduct including structural work of four stations for Delhi Metro Rail
Corporation
• Construction of eight stations and viaduct, Bangalore Metro Rail Corporation
Airports
• Terminal extension, runways, hangars and control towers, to support facilities such as training centres, freights
and cargo terminals, in-flight catering centres and MRT system for Asia’s major aviation hub, the award winning
Changi Airport
• The greenfield airport project in Sikkim, India
Highways & Expressways
• Construction of National Highway No 9, GMR Hyderabad Vijayawada Expressways Private Limited
• Upgradation of the Belgaum-Maharashtra Border Highway Section of NH-4 in Karnataka
• Projects for the Golden Quadrilateral including East West and North South Corridor
• Singapore Kallang-Paya Lebar Expressway
• Tunnel Structure Linking East Coast Parkway with Nicoll Highway
32
Investor Presentation
TRANSPORTATION
Bridges, Flyovers & Interchanges
• Construction of 330m causeway to Pulau Brani and a 280m long bridge to Sentosa
• Construction of interchange at junction of Seletar/Central Expressway/Yio Chu Kang Road
• Foundations and Piling, U.P. State Bridge Corp. Ltd
Tunnels & Caverns
• Paya Lebar Tunnel, design and construction of 5.1km long by 6.5m internal diameter by 30m deep tunnel and 6
shafts
• Kranji Tunnel, design and construction of 12.6km long by 3.6m internal diameter tunnel and 10 access Shafts
Seaports & Terminals
• Oil Tanking Terminal, construction of Phase II of infrastructure works comprised of tank farm terminal including
roads and drainage works, bundwalls and extensive ground improvement works
• Finger pier extension, design and construction of new 695m service pier using reverse circulation drilling
method, steel pipe and prefabricated steel jackets and precast decking systems
33
Investor Presentation
UTILITIES – MUNICIPAL
• EPC project of Utilities in Tripoli, Libya
• Water-Sewerage-Storm Water mains & branch lines, Roads & other facilities
• Changi Water Reclamation Plant contracts for Digesters, Civil and M&E Work, Sludge Drying System, Liquid
Module 2, Civil Work and Scrapers
• Ulu Pandan Sewage Treatment Work - covering of existing treatment units contract for the servicing &
maintenance of the Odour Treatment Facilities & associated ductwork, Singapore
• Kim Chuan Sewerage Treatment Work. West Work Phase 1 Redevelopment work
Contract 2 - Liquid Train/Liquid Stream
• Deep Tunnel Sewerage System, Contract T-05 and Contract T-03, Singapore
• Kim Chuan Refuse Storage and Transfer Station, Singapore
• Ulu Pandan Refuse Incineration Plant, Singapore
• Newater Service Reservoirs at Tampines
34
Investor Presentation
DEFENCE
• Punj Lloyd has strategically diversified into the Defence sector,
under the Government of India’s public-private partnership initiative
• Long term commitment to defence business in India
• Punj Lloyd is developing capability and infrastructure which can be
effectively leveraged for defence programs
• Establishing itself as a credible original equipment manufacturer
with focus on state of the art technology
• The group’s objective is to indigenously develop genuine force
multipliers that will contribute to providing a decisive edge to the
Indian Armed Forces
Punj Lloyd has licenses for:
- Guns, Rocket and Missile Artillery Systems and related Equipment
- Electro optical systems, Fire control systems, C31 systems and power packs associated with
armored fighting vehicles
- Conversion of civilian aircraft into aircraft for defence application; Precision manufacture of aero
structure and Dynamic Components for Aviation and Land System Products; Fabrication and
manufacture of aero-structure, airframes and accessories using composites
35
Investor Presentation
Pursuing opportunities in…
Focus
areas
Part of the
global
supply
chain
Licensed
Manufacture
r of
MRO &
Upgrades
Land Systems – Artillery, Air Defence Systems, Small Arms, Armoured Vehicles,
Power pack, Maintenance, Repair & Overhaul, Upgrade
Defence Aviation – Modification & MRO of aircraft, Precision manufacturing, Engineering
Defence Electronics- C4ISR, BMS, Surveillance & Sighting Systems
Offset
partner Prime
Contractor
for
36
Investor Presentation
Features of Manufacturing & Systems Integration
Division (MSID), Malanpur
• Spread over 65 acres of land
• World class Manufacturing facility
• Lean and flexible Manufacturing Systems
• ERP system
• Full Fledged Metrology and Metallurgy labs
• Compliance to IMS (Integrated Management Systems)
• ISO 9001 : 2008
• ISO 14001 : 2004
• OHSAS 18001 : 2007
• AS 9100 (Aerospace)
• Capability to handle exotic metals
• Skill sets and people capabilities
Strategic Investment in Hi-tech manufacturing
Early mover advantage for offset opportunities
37
Investor Presentation
ASSET MANAGEMENT
Maintenance
• Upgradation of NH-31 from Khagaria to Purnea in Bihar on BOT Annuity basis,
National Highways Authority of India
• 740 MW gas based power plant and LNG storage and regasification terminal,
Dabhol Power Corporation, Maharashtra
• Toll management for Vadodara - Halol Expressway Vadodara-Halol Toll Road Ltd.,
Gujarat
• Captive Power Plant, Hindustan Aeronautics, Assam
• Gas processing and gathering facilities, Oil India Ltd., Rajasthan
38
Investor Presentation
EQUIPMENT YARD & MAINTENANCE FACILITIES
Inventory maintained on ORACLE based ERP
system
Equipment managed by Oracle Enterprise Asset
Management
Central India Facilities in Banmore spread over 20,000 sq mtr
Track Repair and Engine Maintenance facility area - 7,000 sq mtr
Indonesia Sungaipurun yard, Indonesia with jetty facilities – 45,000 sq mtr Accessible
by land and water
Middle East &
Africa Facilities in Qatar / Abu Dhabi / Tripoli spread over 100,000 sq m
Caspian Base facility in Atyrau is spread in an area of 80,000 sq m. The facility
includes storage, repair, maintenance & fabrication.
39
Investor Presentation
40
FINANCIAL OVERVIEW – LAST 5 YEARS
Sr. Description FY10 FY11 FY12 FY13 FY14
1 Sales & Contact Revenue 10,473 7,895 10,313 11,408 10,855
2 Other Income 402 265 471 335 319
3 Total Income & Contract Revenue (1+2) 10,875 8,160 10,784 11,743 11,174
4 Total Expenditure 10,320 7,518 9,775 10,725 10,536
5 EBIDTA (3-4) 555 642 1,009 1,018 638
6 Interest Expense 306 357 517 623 882
7 Depreciation 227 269 299 354 392
8 PBT (5-6-7) 22 16 193 41 -636
9 Tax 137 66 81 70 8
10 PAT (8-9) -115 -50 112 -29 -644
11 Cash Profit (10+7) 112 219 411 325 -251
12 Equity Share Capital 66 66 66 66 66
13 Net worth 2,900 2,851 2,778 2,692 2,232
Ratios
1 EBIDTA as % of Sales 5.30% 8.13% 9.78% 8.92% 5.88%
2 ROCE 4.92% 4.81% 8.52% 7.52% 5.18%
3 Basic EPS -3.50 -1.52 3.38 -0.88 -16.51
4 DPS (`) 0.15 0.15 0.15 - -
5 Book value per Share (`) 87.31 85.84 83.64 81.07 67.22
6 Net Debt to Equity (Times) 1.47 1.53 1.92 2.37 2.79
7 Current Ratio 2.30 1.35 1.11 1.02 1.01
Investor Presentation
Q2 & H1 FY15 – FINANCIAL OVERVIEW (STANDALONE)
INR Cr
Q2 FY15 Q1 FY15 Q2 FY14 H1 FY15
Revenue 1,262 1,107 1,961 2,369
Other Incomes 29 12 270 41
TOTAL INCOME 1,291 1,119 2,192 2,410
Cost of Sales (1,380) (1,363) (1,982) (2,743)
EBIDTA (89) (244) 249 (333)
EBIDTA % -7% -22% 11% -14%
Finance cost (213) (215) (189) (428)
Depreciation (89) (80) (58) (168)
PBT (391) (539) 2 (929)
Tax 127 175 (1) 302
PAT (264) (364) 2 (627)
Investor Presentation
42
BUSINESS VERTICAL WISE REVENUE BREAKUP - H1 FY15
INR Cr
Revenue Amount % Pipeline & Tankages 1,100 46% Others 522 22% Power 298 13% Process 160 7% Offshore 147 6% B&I - India 102 4% B&I - Meacis 40 2% Total 2,369 100%
Pipeline & Tankage
46%
Others22%
Power13%
Process7%
Offshore6% B&I - India
4%
B&I - Meacis2%
Investor Presentation
ORDER BACKLOG (Consolidated) *
* Order Backlog comprises of unexecuted orders as on Sept 30, 2014 plus new order received after that date.
B&I - Meacis38%
Pipeline & Tankage
33%
Process8%
B&I - India5%
Power5%
Offshore5%
PLE1%
SEC - B&I5%
Order backlog Amount %
B&I - Meacis 8,959 38%
Pipeline & Tankage 7,766 33%
Process 1,814 8%
B&I - India 1,270 5%
Power 1,225 5%
Offshore 1,053 5%
PLE 197 1%
SEC - B&I 1,071 5%
Total 23,355 100%
INR Cr
Investor Presentation
ACCREDITATION
• OHSAS 18001:2007 Health & Safety
• ISO 14001:2004 Environmental Management
• ISO 9001:2008 Quality Management
44
Energy, Infrastructure & Defence solutions
Awards • Construction World – One of most admired company of the Year 2013
• D&B Axis Bank Infra Award for best project 2012 - East West Gas Pipeline
• Construction Week - Engineering Company of the Year 2011
• Infrastructure Company of the year - 2010 (CNBC/Essar)
• Infrastructure Excellence Award’ in association with in the Oil & Gas category for the Dahej-Vijaipur Gas Pipeline
– 2009
• Chemtech Award – Outstanding contribution to Engineering – 2009
• Top Indian company ‘Construction – Infrastructure Development’ Dun & Bradstreet -Rolta Corporate Awards
2008
• Best Infrastructure Award NDTV Profit Business Leadership Awards October 2008
ENR Rankings
• Ranked no. 79 under International contractors category by ENR.com in 2012
• Ranked no.109 under Global contractors category by ENR.com in 2012
• Ranked no.153 under top Design firms category by ENR.com in 2012
• Ranked no. 77 under International contractors category by ENR.com in 2013
• Ranked no.128 under Global contractors category by ENR.com in 2013
• Ranked no.183 under top Design firms category by ENR.com in 2013
Project Exports Promotion Council of India
• Maximum Foreign works secured in new areas for Year 2002-03 / 2003-04 / 2004-05
• Maximum Turnover in Overseas construction contracts for year 2004-2005 / 2006-07
• Maximum Value of Overseas construction and engineering projects contracted for year 2005-2006 / 2007
Energy, Infrastructure & Defence solutions
Awards – Punj Lloyd
Awards – Sembawang Engineers & Constructors (SEC)
• 20 x Construction Excellence Awards (BCA, 1987 to 2005)
• 9 x Best Buildable Design Awards (BCA, 1993 to 2005)
• 138 x Safety Performance Gold / Silver / Merit Awards (MOM, 1985 to
2005)
• British Safety Council 5 Star Award for last five years Engineering
Construction Industry Association (ECIA)
• Safe Working Award (1995)
• National Productivity Award (PSB, 1994)
• Overseas Enterprise Award (EDB, 1997)
2004 - Safety Award – BTC Pipeline Project
Greentech Awards:
2005-06 - Environmental Excellence - Gold
2007 - Safety - Gold
2008 - Environment Excellence - Platinum
- Safety Gold
2009 - Environment Excellence - Gold
2010 - Safety Award - Gold
Investor Presentation
2011
2010
2009
47
AWARDS & ACCOLADES – SEC
2008
2000
1994
Workplace
Safety and
Health Award
(Silver)
Land Transport
Excellence
Awards
for Safety
Excellence
Category
47
Investor Presentation
CSR
• Regular community improvement activities including local infrastructure development, traffic awareness and safety meetings,
medical and dental check-up camps
• HIV/ AIDS, an integral part at all sites globally. Ongoing workshops on HIV/AIDS awareness at sites globally
• Corporate Social Responsibility Award – 2011 from Construction Week
48
• Promoting education with Dayawanti Punj Model School in Sitamarhi, a backward region of north India
• Affiliated to the Central Board of Secondary Education (CBSE), the school equips the students with the intellectual and
practical skills necessary to carve a career and meet the challenges of a professional life.
Dayawanti Punj Model School, Sitamarhi - Allahabad
Life Enrichment Programme for construction workers
• Stems from our belief that 'Each life is precious'. It is a programme which aims at the holistic welfare of workers with a
special focus on wealth HIV/AIDS.
• Creating awareness about HIV/AIDS and other diseases, providing medical facilities, first aid training, adopting safety
practices at work, training in Yoga for health and relaxation
• Introduced first in 2007 at Medicity, Gurgaon, International Finance Corporation, a member of the World Bank Group, offered
to support the programme.
• With the launch of Phase II of Life Enrichment Programme in 2008 it was introduced at three other sites namely, Panipat,
Haldia and Vadodara.
Investor Presentation
49
BUSINESS STRATEGY AND FUTURE OUTLOOK
Expand operations to
other industries and
target high potential
project segments
Continue to expand
operations in India and
internationally
Continue to focus
on health, safety
and environment
standards Develop and maintain
strong relationships with
our clients and strategic
partners
Focus on performance,
timely project
execution and
Improvement in debt
leveraging
Further enhance our
engineering and design
capabilities
Continue to focus on
EPC contracts from
clients as well as
contractors
Investor Presentation
50
Thank You
INVESTOR RELATIONS – CONTACTS
For further information please contact:
Vinay Sood
Punj Lloyd Ltd.
Tel: 0124 2620 221
Fax: 0124 2620 111
Email: vinaysood@punjlloyd.com
Gavin Desa / Ankit Hirawat
Citigate Dewe Rogerson
Tel: 022 6645 1237 / 1244
Fax: 022 6645 1200
Email: gavin@cdr-india.com
ankith@cdr-india.com