Q3FY19 Date : February 04, 2019

CAPACIT'E INFRAPROJECTS LIMITED CAPACIT’E INFRASTRUCTURES LIMITED Strong Financial performance: Total Income grew by 36% to ₹1,317 Crores as compared ...

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: CIL/STEX 30/Q3FY19 : February 04, 2019

To The Secretary, BSE Limited Corporate relation Dept, P.J. Towers, Dalal Street, Fort, Mumbai-400 001

The Secretary, National Stock Exchange of India Limited Plot No. C/1, G Block, Bandra Kurla Complex Bandra (East) Mumbai-400 051

Scrip Code – /Scrip Id: 540710/CAPACITE

Scrip Symbol: CAPACITE

Subject: Investor Presentation – February 2019 Dear Sir/ Madam Pursuant to Regulation 30 and other respective regulations of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 please find enclosed Investor Presentation. This is to further inform that the Investor Presentation has been uploaded on the website of the Company www.capacite.in and is also available on the websites of the Stock Exchanges for your information and also for the information of the public at large. This is for your information and records.

Capacit'e Infraprojects Ltd. Investor Presentation Q3 & 9M FY19

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Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Capacit'e Infraprojects Ltd. (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or binding commitment whatsoever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company. This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded. This presentation contains certain forward looking statements concerning the Company’s future business prospects and business profitability, which are subject to a number of risks and uncertainties and the actual results could materially differ from those in such forward looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, competition (both domestic and international), economic growth in India and abroad, ability to attract and retain highly skilled professionals, time and cost over runs on contracts, our ability to manage our international operations, government policies and actions regulations, interest and other fiscal costs generally prevailing in the economy. The Company does not undertake to make any announcement in case any of these forward looking statements become materially incorrect in future or update any forward looking statements made from time to time by or on behalf of the Company.

CAPACIT'E INFRAPROJECTS LIMITED

CAPACIT’E INFRASTRUCTURES LIMITED

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Hiranandani – The Walk, Mumbai, MMR

9M FY19 Standalone Performance

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Key highlights for 9M FY19 (1/2) ▪

Strong Financial performance:  Total Income grew by 36% to ₹ 1,317 Crores as compared to ₹ 970 Crores in 9M FY18  EBITDA was ₹ 209 Crores as compared to ₹ 156 Crores during 9M FY18, growing by 34%, Margins were at 16%  PAT grew by 24% to ₹ 70 Crores as compared to ₹ 56 Crores in 9M FY18  Cash PAT stood at ₹ 140 Crores as compared to ₹ 99 Crores during 9M FY18, growing by 41%, Margins were at 10.6%  Total collections during 9M FY19 is ₹ 1,279 Crores



Order Book:  Outstanding order book as on 31st December 2018 is ₹ 7,519 Crores (Private Sector - ₹ 7,086 Crores & Public Sector - ₹ 433 Crores) & MHADA Order ₹ 4,357 Crores  Order Inflow (Private & Public Sector) during 9M FY19 was ₹ 3,153 Crores & during Q3 FY19 was ₹ ~1,346 Crores

 Bagged the two Public sector orders in Q3 FY19, one from BSNL ₹ ~335 Crores of & another from Institute of Chemical Technology of ₹ ~98 Crores  L1 in Public sector for ₹ 456 Crores (not included in the Order Book)  Added first significant order in the Factory’s segment from Furein Engineering Construction for civil works of project “Delta Hosur Factory Phase- I” of ₹ ~208 Crores during the quarter  ~77% of the Order wins from the Private sector during Q3 FY19 are repeat order from existing client ▪

Net Working capital Days:  The Net Working capital Days (Including Retention) stood at 81 days vis-a-vis 89 days as on March 2018 & 95 days as on Q3 FY18  Similarly, Net Working capital Days (Excluding Retention) is 55 days vis-a-vis 58 days as on March 2018 & 65 days as on Q3 FY18

CAPACIT'E INFRAPROJECTS LIMITED

CAPACIT’E INFRASTRUCTURES LIMITED

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Key Highlights of 9M FY19 (2/2) Total Income (₹ in Cr.)

EBITDA (₹ in Cr.)

PAT (₹ in Cr.)

Cash PAT (₹ in Cr.)

36%

34%

23%

41%

1,317

9M FY19

70

56

156

970

9M FY18

209

9M FY18

9M FY19

140

99

9M FY18

9M FY19

9M FY18

9M FY19

Net Working capital Days

Including Retention 95

Q3 FY18

89

Q4 FY18

84

Q1 FY19

CAPACIT'E INFRAPROJECTS LIMITED

Excluding Retention

73

Q2 FY19

81

Q3 FY19

65

Q3 FY18

58

57

Q4 FY18

Q1 FY19

48

Q2 FY19

55

Q3 FY19

CAPACIT’E INFRASTRUCTURES LIMITED

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Key Growth Drivers ▪

2019 Budget Proposals: •

Capital gains from sale of immovable property of upto Rs. 2 Crs. can now be invested in 2 Residential houses as against existing practice of exempting such income if invested in one house within a year



No tax on notional rent on second self-occupied house



No TDS on house rent upto Rs 2.4 lakh



Affordable housing projects registered up to 2020 would have tax exempted under Sec. 80 IB



Exemption for 2 years on notional income on housing inventory



Group of Ministers to suggest ways to reduce GST for house buyers



Buildings: Rs 4.5trillion opportunity driven by ‘Pradhan Mantri Awas Yojna’ (PMAY) under the ‘Housing for All’ scheme and spend on SmartCities/AMRUT



Metros: Rs 2.7trillion opportunity provided by new phases of metros in 14 cities where metros projects are under-construction, and 12 more cities that are planning a metro, over the next three years



Airports: Currently AAI’s pipeline consists of Upgradation of multiple airports for capex of Rs 175 bn and Development of 18 greenfield airports for capex of Rs 300bn



Over past few years Organized developers have been gaining market share steadily on the back of Demonetization, Policy reforms like RERA & Benami Property Act and Implementation of GST, this augurs well for EPC contractors like us who have a marquee clientele



Developers with healthy financial position and strong project pipeline at prime locations are not expected to face liquidity crisis

CAPACIT'E INFRAPROJECTS LIMITED

CAPACIT’E INFRASTRUCTURES LIMITED

Source: Budget speech, Phillip Capital, Kotak Institutional Equities & Morgan Stanley reports

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Growth in the face of challenges Challenges faced by the sector

IL&FS issue

NBFC’s facing liquidity crunch

Liquidity dried out for the real estate sector

NGT ban on construction activities in North India Despite of the above Capacit'e posted robust performance

Strong Order Inflow of ₹ 3,153 Crs Higher than the annual target

CAPACIT'E INFRAPROJECTS LIMITED

Total Income by 36% EBITDA by 34% Cash PAT by 41%

NWC days reduced to 81 days v/s 89 days as on FY18 & 95 days as on Q3 FY19

Total collections during 9M FY19 is ₹ 1,279 Crores CAPACIT’E INFRASTRUCTURES LIMITED

Recent orders wins driven by repeat orders and fresh orders from new marquee clients Order Book as on 31st December 2018

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8

Q3 FY19 Order Inflow

Private Sector

Private Sector

₹ 7,086 Crores

▪ Order from Oberoi Realty of ₹ 705 Crores, for construction of 5 towers for Oberoi Garden City- Phase 3 project ▪ Order from Furein Construction Engineering for civil works for project

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Public Sector ₹ 433 Crores

“Delta Hosur Factory Phase- I” ₹ 208 Crores Public Sector ▪ Order from Bharat Sanchar Nigam Limited (BSNL) worth ₹ 335 Crores for

construction of buildings for Unified Network Management System

3 CAPACIT'E INFRAPROJECTS LIMITED

MHADA Order

▪ Order from Institute of Chemical Technology for ₹ 98 Crores for RCC,

(under an Integrated SPV)

civil, high side MEP works for sub-structure and super structure of

₹ 4,357 Crores

proposed research building

CAPACIT’E INFRASTRUCTURES LIMITED

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Order Book Details excluding MHADA Order Backlog

(₹ In Crs)

Project Split

Category wise split

7,519 1,693

2,266

FY14

FY15

4,289

2,805

5,682

Other Buildings 18%

FY16

FY17

FY18

9M FY19

907

825 503

428

690

675

Order Book to Sales Ratio

4.4 3.4

FY15

FY16

3.8

FY17

CAPACIT'E INFRAPROJECTS LIMITED

4.2

FY18

4.3

9M FY19

77%

Gated Communities

Q4 FY17 Q1 FY18 Q2 FY18 Q3 FY18 Q4 FY18 Q1 FY19 Q2 FY19 Q3 FY19

(No. of Years)

High Rises & Super High Rises

36%

1,346

1,132

23% 46%

Order Inflow

(₹ In Crs)

Commercial & Institutional

Residential

Order book analysis ▪

Total Order Inflow during 9M FY19 was ₹ 3,153 Crs



Top 5 Orders contribute ~38% of the Order book



Top 10 Client groups contribute ~ 75% of the Order book



~52% of the Order wins during Q3 FY19 are from repeat orders from existing client



62 sites as on 31st December 2018

CAPACIT’E INFRASTRUCTURES LIMITED

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Q3 & 9M FY19 Standalone Profit & Loss – Strong Financial Performance Particulars (₹ In Crs)

Q3 FY19

Q3 FY18

Y-o-Y

9M FY19

9M FY18

Y-o-Y

449.4

366.5

22.6%

1290.0

954.7

35.1%

Other Income

9.2

8.0

27.3

15.5

Total Income

458.6

374.5

1317.3

970.2

Cost of Material Consumed (Incl. Construction Expenses)

332.0

274.0

947.4

694.3

Employee Expenses

37.8

30.3

108.4

84.0

Other Expenses

17.7

12.6

52.8

35.6

EBITDA

71.0

57.7

208.8

156.4

15.5%

15.4%

15.9%

16.1%

Depreciation

19.9

12.6

64.4

40.3

Finance Cost

11.7

9.7

34.0

29.1

Profit before Tax

39.4

35.4

110.4

87.0

Tax

15.5

12.7

40.8

30.6

Profit After Tax

23.9

22.7

69.6

56.4

PAT Margin (%)

5.2%

6.1%

5.3%

5.8%

Cash PAT*

46.0

34.8

139.6

99.1

10.0%

9.3%

10.6%

10.2%

Revenue from Operations

EBITDA Margin (%)

Cash PAT Margin

*Cash PAT = PAT + Depreciation + Deferred Tax

CAPACIT'E INFRAPROJECTS LIMITED

22.4%

23.1%

11.3%

5.3%

32.2%

35.8%

33.5%

27.0%

23.4%

40.9%

CAPACIT’E INFRASTRUCTURES LIMITED

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H1 FY19 Standalone Balance Sheet - Strong Balance Sheet with low leverage ASSETS (₹ In Crs)

Sep-18

Mar-18

615

543

440

409

Capital work-in-progress

5

0

Intangible assets

1

1

Investments

13

19

Trade receivables

63

50

Loans

2

2

Other Financial Assets

25

Current tax assets (Net)

Other Non - current assets

Sep-18

Mar-18

793

749

Equity Share capital

68

68

Other equity

725

682

234

192

Borrowings

55

48

29

Other financial liabilities

43

29

1

0

Provisions

1

1

65

32

Deferred tax liabilities (Net)

47

40

1,182

1,190

Inventories

84

216

Other Non-Current Liabilities

88

73

Investments

7

0

770

792

Trade receivables

367

415

Borrowings

127

139

Cash & Cash Equivalents Bank balances other than cash & cash equivalent Loans

30

13

Trade Payables

480

447

237

311

Other Financial Liabilities

66

77

29

52

Current tax liabilities (Net)

22

18

Other Financial Assets

344

128

Current tax assets (Net)

Provisions

0

0

9

5

Other Current assets

84

56

Other current liabilities

66

107

1,797

1,734

TOTAL EQUITY & LIABILITIES

1,797

1,734

NON-CURRENT ASSETS Property, plant & equipment

CURRENT ASSETS

TOTAL ASSETS

CAPACIT'E INFRAPROJECTS LIMITED

EQUITY AND LIABILITIES (₹ In Crs) EQUITY

NON-CURRENT LIABILITIES

CURRENT LIABILITIES

CAPACIT’E INFRASTRUCTURES LIMITED

Improvement in working capital levels with efficient collections and strong execution Inventory turnover days

Debtors turnover days 151 120

120

105 91

70

125

120

67 55

58

60

FY17

FY18

9M FY19

98

89

88

12

107 91 72

69 7 FY15

FY15 FY16

Including Retention

FY17

FY18

Excluding Retention

9M FY19 Excluding Mobilization Advance

Creditors turnover days 119

137

120 99

Working Capital turnover days 89 75

103 56 39

FY15

FY16

FY17

FY16

FY18

9M FY19

FY15

50

Standalone Figures

55

21

FY16 Including Retention

CAPACIT'E INFRAPROJECTS LIMITED

58 44

81

FY17

FY18

9M FY19

Excluding Retention

Ratios for FY14 to FY17 are as per I-GAAP CAPACIT’E INFRASTRUCTURES LIMITED

Our Story

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Godrej Central – Mumbai, MMR

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Capacit'e Infraprojects Ltd: Transforming Vision into Reality

Clientele Financials Resources Management Experienced & Strong Management Team with years of domain knowledge in Infrastructure creation

CAPACIT'E INFRAPROJECTS LIMITED

Ownership of Core Assets + Team of highly skilled workforce helping to Focus on execution to become a ‘Preferred Construction Partner’

Strong and well capitalized Balance Sheet & Financial performance

Marquee client base resulting into repeat orders and yielding a Large Order book with high revenue visibility

CAPACIT’E INFRASTRUCTURES LIMITED

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Ready to Capitalize on vast opportunities Specialization in Super High Rise & High Rise

Strong relationships with clients

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05

Strong Order Book

CAPACIT'E INFRAPROJECTS LIMITED

Experienced Management

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06

Revenue Visibility

Focus only on – Buildings & Factories

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07

Well capitalized Balance Sheet

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08

09

Strong Board of Directors

Good Corporate Governance

CAPACIT’E INFRASTRUCTURES LIMITED

Our Strategy: Focused Player in Buildings Segment

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Specialist in High Rise & Super High Rise

Focus on Building Construction Expand in Institutional & Commercial Grow Order book on Lock-and-key basis Bid for Design-Build & Public Projects Capitalize on RERA implementation Expand presence in Matured Cities

CAPACIT'E INFRAPROJECTS LIMITED

CAPACIT’E INFRASTRUCTURES LIMITED

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Scalable Business Model on back of Best in Class Resources

Modern Technology



2.

Core Assets: Automatic Climbing Systems, Modular Deck Panel System Formwork (Flat Slab), Aluminium Formwork, Tunnel Formwork, Table Formwork, Conventional System, Modular Panel System Formwork

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Skilled Workforce: 1,350+ employees; ~1,100 contract workers; 21,000+ sub contract workers

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Well Defined Processes: Well established processes to execute projects in an efficient and timely manner along with maintaining highest quality standards and thereby winning Repeat orders from existing clients

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ERP System: Entire business process of procurement and services besides accounting functions are transacted in Buildsmart ERP

02

03

Well Defined Processes

04

ERP System

05

CAPACIT'E INFRAPROJECTS LIMITED

Modern Technology: Temperature controlled concrete for mass pours, self compacting free flow concrete for heavily reinforced pours and special concrete for vertical pumping in Super High Rise Buildings

01

Core Assets

Skilled Workforce

1.

CAPACIT’E INFRASTRUCTURES LIMITED

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Our FOCUS – To Create a Sustainable Future

Asset Turnover

Balance Sheet Focus Focus on maintaining comfortable Debt/Equity

Focus on improving Asset Turnovers by

levels which stems from our ethos of building

efficient deployment & maintenance of

relationships with credible organized players

resources ensuring faster turnaround

thereby ensuring cash flow security and timely

and thereby enabling us to grow the

completion along with closure of projects

orderbook

FOCUS Client Quality Focus on quality of client which ensures timely execution, Cash flow security and regular repeat orders

CAPACIT'E INFRAPROJECTS LIMITED

Highly Skilled Team High quality team of engineers and technicians to execute challenging and complex projects in timely manner

CAPACIT’E INFRASTRUCTURES LIMITED

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Certifications & Awards Certificate of Compliance

Golden Peacock Award

Integrated Management System

Quality Management System ISO 9001:2008

Environmental Management System ISO 14001:2004

Occupational Health and Safety Management System OHSAS 18001:2007

CAPACIT'E INFRAPROJECTS LIMITED

CAPACIT’E INFRASTRUCTURES LIMITED

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Marquee Clientele… a testimony of our Execution Track record

Existing clientele (Regular Repeat orders & Huge pipeline)

Addition of New clients

Timely delivery

Quality output

Growing Order Book CAPACIT'E INFRAPROJECTS LIMITED

CAPACIT’E INFRASTRUCTURES LIMITED

Management & Board

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Rustomjee Seasons, Mumbai, MMR

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Experienced Promoters at the helm of affairs…

Mr. Rahul R. Katyal Managing Director

Mr. Rohit R. Katyal Executive Director & CFO

Mr. Subir Malhotra Executive Director



Has a vast experience of ~27 years



Has a vast experience of ~23 years



Has a vast experience of ~28 years



Currently focuses on Finance, Commerce and Accounts functions at Capacit'e Infraprojects Ltd.



Currently looks after the Operations and Business Development domains at Capacit'e Infraprojects Ltd.



Currently focuses on Business Development & Operations in North zone for Capacit'e Infraprojects Ltd.

CAPACIT'E INFRAPROJECTS LIMITED

CAPACIT’E INFRASTRUCTURES LIMITED

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Governed by a Strong Board of Directors

Mr. S.B. Mainak Chairperson (Independent) ▪ ▪

Has more than 30 years of exp. Previously, was MD at LIC of India, Served on the Board of NSE & Stock Holding Corporation of India, Independent Director appointed by GOI with Satyam Computers for restructuring post fraud, Prof. & Head of Finance of National Insurance Academy (NIA)

CAPACIT'E INFRAPROJECTS LIMITED

Mr. Arun Karambelkar Independent Director

Mr. Siddharth D. Parekh Non-Executive Director

Mr. Sumeet S. Nindrajog Non-Executive Director



Has ~37 years of exp.



Has ~ 16 years of exp.



Has ~ 16 years of exp.



Previously President & CEO at Hindustan Construction Company (HCC)



Previously, worked at IFC in Washington DC and BCG in New York



Previously, worked at Ares Management in LA, and UBS investment banking



Currently, Partner at Paragon Advisors Partners, LLP



Currently, Partner at Paragon Advisors Partners, LLP

Ms. Farah Nathani – Menzies Independent Director ▪

Is an MBA from Harvard Business School and B.A.-B.Sc. from the University of Pennsylvania's Wharton School



Previously worked at Bain & Company, Godrej Consumer Products & Godrej Industries and is currently Co-Founder of The Mumum Company

CAPACIT’E INFRASTRUCTURES LIMITED

Our Creations

Paras Quartier, Gurgaon, NCR

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Tata Trust Cancer Hospital (Varanasi)

CAPACIT'E INFRAPROJECTS LIMITED

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CAPACIT’E INFRASTRUCTURES LIMITED

Wadhwa Group, H Mill - Tower 1 & 2 (MMR)

CAPACIT'E INFRAPROJECTS LIMITED

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CAPACIT’E INFRASTRUCTURES LIMITED

Lodha, The Park (Trump Towers) (MMR)

CAPACIT'E INFRAPROJECTS LIMITED

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CAPACIT’E INFRASTRUCTURES LIMITED

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Lodha, One Altamount (MMR) Currently India’s Tallest Composite Residential Building “Completed” In India

CAPACIT'E INFRAPROJECTS LIMITED

CAPACIT’E INFRASTRUCTURES LIMITED

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Saifee Burhani Upliftment Trust (MMR) Efficiently executing a huge project in the crowded vicinity of Bhendi Bazar comprising of narrow lanes

CAPACIT'E INFRAPROJECTS LIMITED

CAPACIT’E INFRASTRUCTURES LIMITED

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Our Creations Bharti Worldmark, Gurgaon

Century Breeze, Bengaluru

Paras Quartier, Gurgaon, NCR

Ozone Hyatt, Bengaluru

CAPACIT'E INFRAPROJECTS LIMITED

CAPACIT’E INFRASTRUCTURES LIMITED

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Some Projects that we have Virtually Completed/ Delivered (1/3) Seaview – Candor ▪

Commercial project at Sector 135, Noida



Vertical height of the project is ~63 meters



Project scope - construction of 3 towers with 02 Basements and Ground plus 14 floors



Project executed for Seaview Developers (a Brookfield investee company)

Godrej Summit

Sir Gangaram Hospital trust



Residential project at Sector 104, Gurgaon



Multilevel car park



Vertical height of the project is ~54 meters



Vertical height of the building is ~ 35 meters.



Project scope - construction of 7 towers with Basement and Ground plus 17 floors



One of the Design Build project executed

CAPACIT'E INFRAPROJECTS LIMITED

CAPACIT’E INFRASTRUCTURES LIMITED

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Some Projects that we have Virtually Completed/ Delivered (2/3) Bharti Worldmark ▪

Commercial project executed for Bharti Airtel in Sector 65, Gurgaon



Vertical Height of the structure is ~ 42 meters



Project scope - construction of 4 towers with 2 Basements and Ground plus 14 floors

Godrej Central

Auris Serenity Tower 2 ▪

Residential project located at Malad, constructed for Transcon Sheth Creators



Vertical height of the building is 240m



Project scope - 1 tower with 7 podiums, ecodeck, 58 typical floors and 3 fire check floors

CAPACIT'E INFRAPROJECTS LIMITED



Residential project



7 Rehab Buildings, 7 Sale Buildings, 6 Standalone Buildings



Height of the Building is 50m



No of Floors - 14



Project scope - Shell & Core and Blockwork, Plaster

CAPACIT’E INFRASTRUCTURES LIMITED

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Some Projects that we have Virtually Completed/ Delivered (3/3)

Sattva – Cadenza



7 Buildings, Build up area is 10.46 Lakh Sq. ft.



Building Height is 70m



Project Scope - Shell & Core and Blockwork, Tilling & Painting

Provident – The Tree Hiranandani – The Walk ▪ 6 Buildings, Build up area 10.7 Lakh Sq. ft.

2 Buildings; Building 1 has 3 wings & Building 2 has 4 wings



Build up area is 10.46 Lakh Sq. ft.



Building Height is 65 m



Building Height is 38m



Project Scope - Shell & Core and Blockwork



Project Scope - Shell & Core and Blockwork, Tilling & Painting



CAPACIT'E INFRAPROJECTS LIMITED

CAPACIT’E INFRASTRUCTURES LIMITED

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Transcon Sheth Auris Serenity, Mumbai, MMR

Our Industry

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Favorable Industry Dynamics RERA ▪ ▪

Leading to a shift from Un-Organized to Organized Supports Construction EPC players

PMAY Scheme ▪

A ~Rs. 4.5 Trillion opportunity driven by ‘Pradhan Mantri Awas Yojna’ (PMAY) under the ‘Housing for All’ scheme and spend on Smart-Cities/AMRUT

Education & Hospitality segment Govts. focus on: ▪ Developing educational institutions ▪ Promote tourism in Tier 2 and Tier 3 cities provides huge opportunities to the EPC players

CAPACIT'E INFRAPROJECTS LIMITED

Growing demand for Commercial & Retail space ▪ ▪ ▪

Lack of Fresh office space Organized retail growing by 25-30% p.a. Increase in PE Investments

Airports, Ports, Metros ▪

Presents a ~Rs. 4 Trillion opportunity combined in all 3 segments

Source: Phillip Capital Report, IBEF

CAPACIT’E INFRASTRUCTURES LIMITED

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Mumbai Development Plan 2034 Increase in FSI ▪ Government has increased the Floor Space Index, for both commercial and residential buildings

Affordable Housing Push ▪ The authorities have approved to release 3,355 hectares of land previously designated as no-development zone for building apartments and commercial complexes in Mumbai of which 2,100 hectares of it will go for affordable housing under the Development Plan 2034 ▪ Some of the key highlights of this plan are target of 1 million affordable homes, Theme gardens, pay and park zones, oldage homes, walking provision, farmers market, etc.

CAPACIT'E INFRAPROJECTS LIMITED

Central & Suburban Mumbai to benefit ▪ The non-development zones proposed to be unlocked for affordable homes are located in parts of central and suburban Mumbai like: • Wadala, Sewri and Cotton Green in Central Mumbai • Bhandup & Mulund in Northeastern suburbs and • Gorai & Manori in the Northwestern suburbs

FSI

Beneficial for Real Estate EPC Players

MUMBAI

CAPACIT’E INFRASTRUCTURES LIMITED

Our Historical Performance

Lodha, One Altamount, Mumbai, MMR

37

38

Strong Financial Performance Total Income (₹ in Cr.)

55%

1,140

EBITDA (₹ in Cr.)

1,360

76%

815

228

FY17

FY18

117

510

65

234 FY14

212

24 FY15

FY16

FY17

FY18

FY14

FY15

PAT (₹ in Cr.)

FY16

Margins 18.6%

67%

69

27

4.3%

10 FY15

FY16

FY17

5.4%

6.1%

5.3%

5.8%

FY18

FY14

FY15

FY16 EBITDA%

CAPACIT'E INFRAPROJECTS LIMITED

16.7%

12.7% 10.2%

44

FY14

14.3%

79

Standalone Financials

FY17

FY18

PAT%

CAPACIT’E INFRASTRUCTURES LIMITED

39

Standalone Profit & Loss Statement Particulars (₹ In Crs)

FY18

FY17

FY16*

1,336

1,125

802

Other Income

24

15

13

Total Income

1,360

1,140

815

Cost of Material Consumed (Incl. Construction Expenses)

966

796

591

Employee Expenses

117

87

69

Other Expenses

49

46

37

EBITDA

228

212

117

16.7%

18.6%

14.3%

Depreciation

67

65

15

Finance Cost

40

42

29

Prior Period Item

0

0

4

Profit before Tax

121

105

68

Tax

42

36

24

Profit After Tax

79

69

44

PAT Margin (%)

5.8%

6.1%

5.3%

Cash PAT

161

135

62

11.8%

11.8%

7.6%

Revenue from Operations

EBITDA Margin (%)

Cash PAT Margin (%)

* As per I-GAAP

CAPACIT'E INFRAPROJECTS LIMITED

CAPACIT’E INFRASTRUCTURES LIMITED

40

Standalone Balance Sheet ASSETS (₹ In Crs) NON-CURRENT ASSETS Property, plant & equipment Capital work-in-progress Intangible assets Investments Trade receivables Loans Other Financial Assets Current tax assets (Net) Other Non - current assets CURRENT ASSETS Inventories Investments Trade receivables Cash & Cash Equivalents Bank balances other than cash & cash equivalent Loans Other Financial Assets Current tax assets (Net) Other Current assets Assets held for sale TOTAL ASSETS

CAPACIT'E INFRAPROJECTS LIMITED

Mar’18 543 409 0 1 19 50 2 29 0 32 1,190 216 0 415 13

Mar’17 381 324 7 2 0 16 3 13 1 16 697 170 0 358 11

311

39

52 128 56 1,734

30 31 3 54 1 1,078

EQUITY AND LIABILITIES (₹ In Crs)

Mar’18

Mar’17

EQUITY

749

299

Equity Share capital

68

44

Other equity

682

255

NON-CURRENT LIABILITIES

192

203

Borrowings

48

67

Other financial liabilities

29

33

Provisions

1

2

Deferred tax liabilities (Net)

40

26

Other Non-Current Liabilities

73

74

CURRENT LIABILITIES

792

577

Borrowings

139

97

Trade Payables

447

310

Other Financial Liabilities

77

47

Current tax liabilities (Net)

5

4

Provisions

18

2

Other current liabilities

107

116

1,734

1,078

TOTAL EQUITY & LIABILITIES

CAPACIT’E INFRASTRUCTURES LIMITED

41

For further information, please contact

Company :

Investor Relations Advisors :

Capacit'e Infraprojects Ltd. CIN - L45400MH2012PLC234318 Mr. Alok Mehrotra (President, Corporate Finance) [email protected]

Strategic Growth Advisors Pvt. Ltd. CIN - U74140MH2010PTC204285 Mr. Shogun Jain/Mr. Pratik R. Shah [email protected] / [email protected] +91 77383 77756 / +91 9769260769 www.sgapl.net

www.capacite.in

CAPACIT'E INFRAPROJECTS LIMITED

CAPACIT’E INFRASTRUCTURES LIMITED