Pennar Engineered Building Systems Limited

Investor Presentation
Q3FY16

Disclaimer
This presentation contains forward looking statements including, but without limitation, statements relating to the
implementation of strategic initiatives, and other statements relating to Pennar Engineered Building Systems Limiteds
future business developments and economic performance.
While these forward looking statements indicate our assessment and future expectations concerning the development of our
business, a number of risks, uncertainties and other unknown factors could cause actual developments and results to differ
materially from our expectations.
These factors include, but are not limited to, general market, macro-economic, governmental and regulatory trends,
movements in currency exchange and interest rates, competitive pressures, technological developments, changes in the
financial conditions of third parties dealing with us, legislative developments, and other key factors that could affect our
business and financial performance.
Pennar Engineered Building Systems Limited undertakes no obligation to periodically revise any forward looking statements
to reflect future / likely events or circumstances.

Financial Performance Q3FY16

Revenue (Rs in Mn)

1,300
1,200
1,100

1164.9
1085.5

1105.6
75.2

1,000
43.6

900
38.3

140

70

120

60

100

30

60

20

40

500

10

20

Q2FY16

Q3FY16

146.4

20%

130.7
12.6%

15%

91.2

80

600

Q3FY15

EBITDA Margin (%)

160

80

40

400

90

50

800
700

EBITDA (Rs in Mn)

PAT (Rs in Mn)

10%

11.8%
8.4%

5%

0%
Q3FY15

Q2FY16

Q3FY16

Highlights of Q3FY16 performance (1/2)

Order book stands at Rs. 415 crores
Large New Orders

Received order from Mylan Laboratories for its Laboratory building at Pithampur.

Received order from Punj Lloyds for its building at Haldia.

Received order from Taien Construction for its factory building at Pune.

Received order from Kongovi Electronics Company for its factory building at Bangalore.

Received order from RCC Infrastructure for Aircraft hangers.

Received repeat order from MRF Tyres for extension of its factory building.

Highlights of Q3FY16 performance (2/2)

Other Highlights

Margin expansion continues its trend.

Received IEI Industry Excellence Award 2015 for the 3rd time consecutively.

Opened Engineering office in Vishakhapatnam to provide engineering services to US based clients.

Increased revenue from Engineering services division.

Looking to expand engineering services business by acquiring some companies.

Started taking solar module mounting orders on turn key basis.

Firming up plans to set up North India plant.

Recent Projects

Company Overview

IOT Infra
Dahej, Gujarat

Pennar Group Overview

Pennar Group of Companies
Pennar Industries Ltd.

Pennar Engineered
Building Systems Ltd.

Steel Products & Profiles

Pre-Engineered Buildings

Water Treatment Solutions

Precision Tubes

Custom Designed Steel

Structures

Water Treatment
Chemicals

Engineering Services

Fuel Additives

Industrial Components
Systems & projects

Pennar Enviro Ltd.

Pennar Engineered Building Systems Limited (PEBS) - Overview

One of the leading custom designed building systems solutions provider in India
Industry size of the Indian PEB was ~INR 55,000 million with a 13% CAGR over 3 years

Pennars market share was ~8% (1) in a fragmented industry in FY14

Manufacturing facility equipped with high-precision machines to fabricate and supply quality-replete
steel buildings

Production capacity of 90,000 MT p.a.

One of the few companies that offers leak-proof roofing systems in India

Technical know-how licensing agreement with NCI Group Inc. USA

156 ongoing projects across 20 states, aggregating to order book of INR 3.6 Bn(2)
Key customers include Ultratech Cement, Volvo India and Larsen & Toubro with repeat orders from 17
customers as on June 30, 2015
Indian PEB market was at INR 55,000 million in FY14 and is expected to be at INR 91,680 million by FY17(1)
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(1) Source: CARE Research, Report mandated by the company (2) As on June 30, 2015

Key Events and Milestones

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2015

Crossed Rs. 4,500 million from Gross Revenue from Operations

2014

Commissioning of 0.5 MW solar power generation facility

2013

Investment by Zephyr Peacock India Fund

Manufacturing capacity expanded to 90,000MT
Entered into an agreement for commencement of engineering services

2011

Manufacturing capacity expanded to 60,000 MT

Achieved Rs 1,000 million from Gross Revenue from Operations

2010

Commenced commercial production with a capacity of 30,000 MT

Received Gold Rating from the Indian Green Building Council for achieving the green
building standards as per IGBC Green Factory Building Rating Technology

2009

Entered into Double Lok technical know-how agreement with NCI Group, Inc.

2008

Incorporation and commencement of business of the Company

PEBS - One of the Leading PEBS provider in India

Diversified Products
and Solutions

Experienced Management
& Strong Parentage

Established Track Record for

Timely Execution

Robust Financial Performance

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Strong Engineering Design

Capabilities and Technological
Tie-Ups

Diversified Products and Solutions

Pre-Engineered Buildings
Custom designed and
fabricated, available in large
multi-dimensional spans
Offer enhanced speed,
flexibility and capable of
withstanding weather
changes
Top PEBs built:
Coal Storage Shed at
Visakhapatnam;
Factory Building at Khopoli,
Odisha
Warehouse Buildings at
Dahej, Bangalore

Structural & High Rise

Steel Buildings

Solar Module
Mounting Structures

Comprising of steel and

cement plants, multi-level carparks, towers and high rise
buildings
Existing in-house capabilities
for design and manufacture
Installed two buildings:
G+7 Multi Storied Building
G+10 Multi Storied Building
at Hyderabad

Design, supply and erect

structures used for mounting
solar modules
Application in solar photovoltaic plants, solar canal
tops, solar roof tops, solar
thermal plants and solar car
parks

Design & Engineering

Services
Developing integrated and
comprehensive engineering
design solutions
In-house engineering and
design team comprising of
147 technical personnel (1)
Design services out-sourcing
agreement with a US based
entity

Ability to offer diversified products and solutions makes Pennar a preferred partner by key customers
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(1) As on June 30, 2015

PEBS Components
PEBS Components & Solutions
Primaries
(Main Frame)
H sections
I beams

Secondaries

Purlins
Fascia channels
Eave Struts
Side runners

Claddings
Double-Lok
roofing
Roof sheeting
Wall systems

Accessories

Niche Solutions

Fasteners
Walk doors
Louvers
Windows
Sky lights
Ridge ventilators
Roof & jack curbs

Green Buildings
Low Cost Housing

Building Systems

Double-Lok Standing Seam Roofing with 10 years leak

proof warranty by PEBS Pennar

Standard Trapezoidal Roof Sheeting

Purlins/Girts/Eave struts are pre-galvanized with 275 gsm.

Purlins/Girts/Eave struts are Pre-galvanized with 120 gsm.

Primary structures shot-blasted to Swedish standard SA

2.5 with epoxy primer

Primary structures with manual cleaning with alkyd primer

Continuous supervision at site during installation

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Periodic supervision at site during installation

Strong Engineering & Design Capabilities and Technological Tie-Ups

Award winning and experienced in-house design and engineering team of 147 technical personnel (1)

Technical arrangement with NCI Group Inc, USA for Double Lok Standing Seam Roofing System
One of the few companies to offer leak-proof roofing systems in India

Out-sourcing agreement with USA based company which ensures:

Exposure to the latest know-how, design and computer aided technologies

Licensed some of the latest and advanced software in CAD technology and manufacturing

Equipped to handle complex software to design complex custom designed structures

Provides design and engineering services for projects executed by others as well

Best pre-engineered
building for
Ultratech Cement
Factory, Kotputli,
Rajasthan CIDC
Vishwakarma
Award, 2015

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(1) As of June 30, 2015

Certificate of
commendation for
a cold storage shed
at Kotputli,
Rajasthan- INSDAG
National Award,
2014

Infrastructure
company of the
year - Construction
Week India Awards,
2013 (Runner up)

Established Track Record for Timely Execution

Timely execution of more than 400 projects in 5 years across various sectors

Strong supply chain relationships, network of sales offices and building

contracts and integrated operations allows to consistently deliver projects in
an efficient and timely manner

Consolidation of order and project management departments into one

ensures operational efficiencies

Established relationships with materials suppliers like JSW Steel Ltd., Tata
Steel Ltd., Asian Paints and various vendors further strengthens the business
operations

Network of approved building contractors across India allows the Company to

provide end-to-end solutions

Repeat orders from 17 customers, including Ultratech Cements Ltd., Volvo

India Private Ltd., Larson & Toubro Ltd.

99 meter clear span building

Largest building executed by a
PEBS player in India

Multi-storied Building
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Solar Mounting Structures

Processing Unit

Robust Financial Performance

Revenues & PAT

16

EBITDA & Margin

Investor Contacts

Investor Relations - cs@pebspennar.com

Contact Details:
Pennar Engineered Building Systems Ltd.
Floor: 9, DHFLVC Silicon Towers
Kondapur, Hyderabad - 500 084, Telangana
CIN : U45400AP2008PLC057182

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