#1Investor Presentation Punj Lloyd GROUP Punj Lloyd INVESTOR PRESENTATION September, 2015 1#2Investor Presentation Punj Lloyd • 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#3Investor Presentation Punj Lloyd • 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. 3#4Energy, Infrastructure & Defence solutions Punj Lloyd Group PUNJ LLOYD Energy/Infrastructure / Defence PL Engineering Punj Lloyd Group Punj Lloyd Sembawang Engineers & Constructors Punj Lloyd GROUP PL ENGINEERING Oil & Gas Petrochemicals / Chemicals Power - Nuclear / Thermal Automotive / Aerospace SEMBAWANG E & C Buildings Infrastructure Utilities#5Energy, Infrastructure & Defence solutions G Punj Lloyd GROUP Punj Lloyd Group Energy Oil & Gas • Offshore • Onshore Field Development • Pipelines • Tanks & Terminals Polymers & Petrochemicals Process • Refineries • Chemicals Power • Thermal • Nuclear . Renewables Solar • Providing EPC services for : Infrastructure Utilities • Water Treatment Facilities Sewage Treatment Facilities Reservoirs O 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 Defence • Land Systems • Aviation . Electronics • Biofuels • Seaports & Terminals • Water treatment Telecom#6Investor Presentation PUNJ LLOYD LTD Overview • Providing services in Energy, Infrastructure, Defence and Petrochemicals Sectors Punj Lloyd • • • • • Presence in 23 (Geographies) 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 INR 1658 crores Declared 'Infrastructure Company of the Year' at Essar Steel Infrastructure Awards 2010 in association with CNBC TV 18 Dedicated Defence Manufacturing Facility at Malanpur, 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 00#7Energy, Infrastructure & Defence solutions Value Drivers Customer Integration G Safety Punj Lloyd GROUP Experience & Resources Responsive to Market Challenges Punj Lloyd GROUP Quality Multi-Cultural Teams Sustainable Development Working Global, Thinking Local#8Energy, Infrastructure & Defence solutions Differentiators No.1 in Polymers Worldwide G Punj Lloyd GROUP Total Project Life Cycle Support Diversified Portfolio Punj Lloyd GROUP Exceeding Customer Expectations Equity Participation Technology Integration Large Fleet of Construction Equipment Enviable HSEQ records In-house Engineering#9Punj Lloyd SEMBAWANG ENGINEERS AND CONSTRUCTORS PTE LTD Overview Investor Presentation · 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, 2015 • :INR 1031 Crores Order Backlog (unexecuted as on March 31, 2015 : INR 727 Crores : 512 and orders received after that) • Employee strength • 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 6#10Investor Presentation Punj Lloyd PL ENGINEERING LTD 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 573 people • ISO 9001 certified 10 10#11Investor Presentation Professional and Experienced Management BOARD OF DIRECTORS Punj Lloyd OTHER SR. MANAGEMENT PERSONNEL ATUL PUNJ Chairman Awarded the 'E&Y Entrepreneur of the Year 2007' award ATUL KUMAR JAIN CEO - Pipelines and Tankage RAVINDRA KANSAL Group President - Strategic Initiatives ADITYA VIJ President & Advisor to Chairman ASHOK WADHAWAN President - Defence J.P. CHALASANI Managing Director and Group CEO P.N. KRISHNAN Director Finance & Accounts _ RAJENDRA KHANDALKAR President Central Procurement Group SHANTANU KARKUN CEO Buildings & Infrastructure CHANDRA KISHORE THAKUR CEO Power NIDHI KUMAR NARANG Chief Financial Officer DINESH THAIRANI Group President Legal & Company Secretary INDEPENDENT DIRECTORS PHIROZ VANDREVALA Executive Director, Tata Consultancy Services MS EKATERINA SHARASHIDZE Ex. Minister of Economic Development Govt. of Georgia 11 V P SHARMA CEO Offshore Amit Gupta CEO Process LOUISE SHARMA VP & Group Head - Corporate Communication VIJAYSHANKAR KRISHNAN VP-Risk & Internal Audit DEEPA KAPOOR Group Head HR,Admin & CSR VINAY KRISHAN SOOD Chief Investor Relations Officer#12Investor Presentation ORGANISATIONAL STRUCTURE REGIONAL HEADQUARTERS SUBSIDIARIES Punj Lloyd JOINT VENTURE COMPANIES SOUTH ASIA PUNJ LLOYD LTD GURGAON ASIA PACIFIC PUNJ LLOYD PTE LTD SINGAPORE MIDDLE EAST PUNJ LLOYD LTD ABU DHABI CASPIAN PUNJ LLOYD KAZAKHSTAN LLP ATYRAU EUROPE SIMON CARVES ENGINERING LTD UK AFRICA PUNJ LLOYD LTD LIBYA SEMBAWANG ENGINEERS & CONSTRUCTORS PTE LTD SINGAPORE PL ENGINEERING LTD INDIA PUNJ LLOYD UPSTREAM LTD, INDIA PUNJ LLOYD INFRASTUCTURE LTD, INDIA PUNJ LLOYD DELTA RENEWABLES PVT. LTD INDIA DAYIM PUNJ LLOYD CONSTRUCTION CONTRACTING CO LTD SAUDI ARABIA PUNJ LLOYD OIL & GAS, MALAYSIA PUNJ LLOYD PTE LTD, SINGAPORE PT PUNJ LLOYD, INDONESIA KAEFER PUNJ LLOYD LTD INDIA THIRUVANANTHAPURAM ROAD DEVELOPMENT COMPANY LTD, INDIA 12#13Investor Presentation GLOBAL PRESENCE UK Bahrain Libya Bangladesh Malaysia China Mexico Colombia Myanmar Hong Kong Oman Indonesia Qatar Kazakhstan Saudi Arabia Kenya Thailand Kuwait Turkmenistan Yemen 13 UAE India Singapore Punj Lloyd#14Investor Presentation JOURNEY & MAJOR MILESTONES - THE GROUP Punj Lloyd Engineering and Design Procurement and Fabrication Moving up the construction value chain with a broadened geographic footprint and service offering Construction and Management Construction Large Diameter gas pipeline contract by GAIL 1st EPC contract in oil & gas sector 1st 1st Refinery Project 1st EPC (India) pipeline contract in offshore 1st LPG Cryogenic Tank Project 1st highway construction project 1st Overseas EPC Pipeline contract in Offshore Entry into Caspian region 1st pipeline project Middle East contract 1st overseas contract - Indonesia First offshore project in Middle East PL Engineering tied up with GECI, India & Dassault Systemes, France Opens office in Kuwait World largest single stream LDPE Plant in U.K. Opens offices in Hong Kong, Turkmenistan and Thailand Acquired Sembawang Engineers & Constructors Private Limited Forays into Defence sector Bagged first drilling Punj Lloyd Upstream Ltd incorporated contract in Libya 1st overseas pipeline contract in swamp & shallow water 5 Refinery Projects (including two EPC Refinery Projects) 1st LNG Terminal 1st Thermal power project EPC Storage Terminal contract in Asia Pacific Group forays into Solar Utility space 1983 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 14#15Investor Presentation MAJOR BREAKTHROUGHS - THE GROUP Punj Lloyd Only Indian Co. to be awarded Pipeline of the century - BTC pipeline All terrain pipeline specialists, With over 11,000 km, larger dia pipelines South East Asia's most advanced Underground Expressway including 9 km tunnel 3 LNG Terminals and LPG tank farms in India and over 300 tanks globally Singapore's LRT / MRT Constructed Changi's Water Reclamation Plant & Resorts World at Sentosa Punj Lloyd Changi Airport Terminal Extension World's largest Wheat based Bioethanol Plant Executing Power Projects for more than 2240 MW as EPC Contractor (BOP) 15 132 years of experience in polymers & petrochemicals Nuclear > 3 million engineering man hours#16Investor Presentation MARQUEE CLIENT BASE عمارات الكفر الى الشركة 100 ارامكو السعودية AL PHASE JOINT OPERATIONS كيان السعودية Gas Negara حاسكو GASCA saudi kayan भा NHAI ـرير TAKREER اينوك شركة أبوظبي لتكرير النفط We Refine Right ENOC KNPC Punj Lloyd TCD ESSAR ConocoPhillips Saudi Aramco ENGINEERS INDIA LIMITED of (miwnsking) Land Transport Authority قطر للبترول Qatar Petroleum PETRONAS CARIGALI DOLPHIN ENERGY دولفين للطاقة TOTAL FINA ELF GP YEMEN GUJARAT GAS LNG للغاز اليمانية الشركة COMPANY namma metro شركة الغاز العمانية. Cairn H CESC CESC LIMITED olor ADCO TOTAL ExxonMobil bp Eni Agip KCO CAIL GAIL (India) Limited Reliance Industries Limited PERTAMINA GVK أدنوك ADNOC شركة بتول استاف الوطنية 16 GWW POWER & STRUCTURE ओएनजीसी हिन्दुस्तान पेट्रोलियम HP ongc इंडियन ऑयल IndianOil Bharat Petroleum#17Investor 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 • • Punj Lloyd 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 1/#18Investor Presentation OFFSHORE PIPELINES • Deen Dayal Field Development Project India GSPC B-127 Cluster Pipeline Project India ONGC Laying of new Hout Crude Transmission line Saudi Arabia Al-Khafji Joint Operations (KJO) 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 Removal of Well Head Platform 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 18 Punj Lloyd#19Investor Presentation PIPELINES Punj Lloyd • • • 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 19#20Investor Presentation PIPELINE PROJECTS Projects Overseas Projects In India Punj Lloyd . • Al-Khafji Offshore project, Saudi Arabia • 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 . Dahej - Hazira Piepline 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 20 20#21Investor 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 21 21 Punj Lloyd#22Investor Presentation TANKS & TERMINALS Crude / Cryogenic LNG & LPG Tanks • In-house design capability • • • 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 regasification terminal LNG 222 Punj Lloyd T-01 VALIKAN#23Investor Presentation • TANKS & TERMINALS LNG Tanks project at IOCL terminal, Ennore, India from Mitsubishi Heavy Industries, Japan • Tank farm project for Petronas (RAPID), Malaysia • Expansion and revamping of Ahmadi Depot, Kuwait National Petroleum Company, Kuwait • Integrated Construction Contract for Asset Reference Plan Project, Brunei LNG Sdn Bhd, Brunei • ⚫ 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 Punj Lloyd#24Investor Presentation Punj Lloyd 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 17 Refinery Modernisation projects 24 14#25Investor Presentation Punj Lloyd • • REFINERIES / EPC EPCC Package from Indian Oil Corporation for Haldia Refinery, India EPC for Sulphur Block, Chennai Petroleum Corporation Ltd Lube Oil Blending and Grease Manufacturing plant, Shell Eastern Petroleum, Singapore. 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 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 25#26Investor Presentation POLYMERS & PETROCHEMICALS • World's leading specialist engineering contractor for low density Polyethylene (LDPE) Punj Lloyd • • 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 26#27Investor Presentation Punj Lloyd 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 • 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 • Five Turnkey Solar Power Projects Reliance Industries Govt. of Punjab . • • 5 MW Solar Power Plant - Jawaharlal Nehru National Mission, Rajasthan 435 KWp & 200 KWp Rooftop Solar PV project for Chandigarh Renewable Energy, Science & Technology Promotion Society Development of 20 MW Solar PV Project - Punjab State Power Corporation 27 27 Largest Solar based contract for rural India#28Investor Presentation Punj Lloyd • 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 28#29Investor 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 29 Punj Lloyd#30Investor Presentation B&I - BUILDINGS, TRANSPORTATION & UTILITIES BUILDINGS • 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 30 Punj Lloyd#31Investor Presentation BUILDINGS 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 Π Π • The Jumeirah Islands Villa Project, Dubai . The Edge on Carnhill in Singapore Satellite Township in India. 31 Punj Lloyd#32Investor 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 19 highway projects, some falling under the prestigious Golden Quadrilateral In Singapore, we have built more than 75% of the city's LRT systems 32 32 Punj Lloyd#33Investor Presentation Punj Lloyd TRANSPORTATION Subway & Metro Systems • Expansion of the existing MRT network including New Circle Line and Down Town 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 • • Four laning of the Gorakhpur - Gopalganj section of NH-28 in Bihar, India Asian Highway contract, Ministry of Road Transport & Highways, India New carriageway Greenfield project, Ministry of Public Works & Highways, Republic of Yemen Loruk Barpelo road project, Kenya Highways Authority, Kenya 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#34Investor Presentation Punj Lloyd 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 34 WELCOME TO KPE TUNNELI#35Investor Presentation UTILITIES - MUNICIPAL Punj Lloyd 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 35 55#36Oil & Gas, Petrochemicals, Infrastructure and Defence Solutions Punj Lloyd in Defence & Aerospace Punj Lloyd has strategically diversified into the Defence & Aerospace G • Long term commitment to building up a Defence and Aerospace business Punj Lloyd GROUP . . Developed capability and infrastructure which can be effectively leveraged for Defence and Aerospace programs Established 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 Licenses - - Guns, Rocket and Missile Artillery Systems and related Equipment Electro Optical Systems, Fire Control Systems, C4I systems and Power Packs associated with armored fighting vehicles, Design and Development of Armoured 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; Manufacture of ATGMs, Hand held Rocket launcher and Anti Tank & Anti Material Rifles greater than 12.7mm Manufacture of Naval vessels, Torpedoes, Sonar Systems and other n.e.c components#37Oil & Gas, Petrochemicals, Infrastructure and Defence Solutions G Punj Lloyd GROUP Manufacturing and Systems Integration Division (MSID), Malanpur • Spread over 65 acres of land. World class Manufacturing facility • Lean & flexible Manufacturing Systems · . ERP system Full Fledged Metrology and Metallurgy labs Compliance to IMS (Integrated Management Systems) • ISO 9001 (Quality) • ISO 14001 (Environmental) . ISO 18001 (OHSAS) ISO 50001 (Energy Management) • AS 9100 C (Aerospace) • Capability to handle exotic metals • Skill sets and people capabilities . Strategic Investment in Hi-tech manufacturing 37#38Investor Presentation Punj Lloyd • • 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 38#39Investor Presentation Pursuing opportunities in... Focus areas Prime Part of the Licensed Contractor global MRO & Manufacture Upgrades Offset partner for supply r of chain Land Systems - Artillery, Air Defence Systems, Small Arms, Armoured Vehicles, Power pack, Maintenance, Repair & Overhaul, Upgrade Defence Aviation - Modification & MRO of aircraft, Precision manufacturing, Engineer| Defence Electronics- C4ISR, BMS, Surveillance & Sighting Systems 39 Punj Lloyd#40Investor Presentation G Punj Lloyd GROUP 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 40 40#41Investor Presentation ASSET MANAGEMENT Maintenance • Upgradation of NH-31 from Khagaria to Purnea in Bihar on BOT Annuity basis, National Highways Authority of India • Upgradation of Belgaum Maharashtra border section, National Highways Authority of India • 5 MW Solar Power Plant, Jawaharlal Nehru National Mission, Rajasthan 41 Punj Lloyd#42Investor Presentation Punj Lloyd EQUIPMENT YARD & MAINTENANCE FACILITIES Central India Indonesia Middle East & Africa Caspian Facilities in Banmore spread over 20,000 sq mtr Track Repair and Engine Maintenance facility area - 7,000 sq mtr Sungaipurun yard, Indonesia with jetty facilities - 45,000 sq mtr Accessible by land and water Facilities in Qatar / Abu Dhabi / Tripoli spread over 100,000 sq m Base facility in Atyrau is spread in an area of 80,000 sq m. The facility includes storage, repair, maintenance & fabrication. Inventory maintained on ORACLE based ERP system Equipment managed by Oracle Enterprise Asset Management 42#43Investor Presentation FINANCIAL OVERVIEW - LAST 5 YEARS Punj Lloyd Sr. Description FY11 FY12 FY13 FY14 FY15 1 Sales & Contact Revenue 7,895 10,313 11,408 10,855 7090 2 Other Income 265 471 335 319 785 345678 Total Income & Contract Revenue (1+2) 8,160 10,784 11,743 11,174 7,875 Total Expenditure 10,320 9,775 10,725 10,536 -7,624 9 Tax 10 11 12 EBIDTA (3-4) Interest Expense Depreciation PBT (5-6-7) PAT (8-9) Cash Profit (10+7) Equity Share Capital 642 1009 1,018 638 251 357 517 623 882 1002 269 299 354 392 470 16 193 41 -636 -1221 66 81 70 8 67 -50 112 -29 -644 -1,154 219 411 325 -251 -684 66 66 66 66 66 13 Net worth 2,851 2,778 2,692 2,232 966 S No. Ratios FY11 FY12 FY13 FY14 FY15 1 EBIDTA as % of Sales 8.13% 9.78% 8.92% 5.88% 3.54% 2 ROCE 4.81% 8.52% 7.52% 5.18% -3.09% 3 Basic EPS -1.52 3.38 -0.88 -16.51 -34.36 4 DPS ( ) 0.15 0.15 - - - 5 Book Value per share ( ) 85.84 83.64 81.07 67.22 29.27 6 7 Net Debt to Equity (Times) Current Ratio 1.53 1.92 2.37 2.79 6.33 1.35 1.11 1.02 1.01 0.93 23 43#44Investor Presentation Segment Revenue (Standalone) - Q1 FY16 INR Cr Segment Revenue Offshore 10% B&I Pipeline & Tankage 234 7% Others 144 Power Process 111 8% Power 52 B&I 49 Offshore 63 Process 17% Total 653 Others 22% Punj Lloyd Pipeline & Tankage 36%#45Investor Presentation ORDER BACKLOG - Punj Lloyd group * INR Cr Punj Lloyd Segment Amount Power Offshore 5% PLE SEC 0% 3% 4% Pipeline & Tankage 7,007 Pipeline & Tankage 35% Process 633 B&I 9,912 Power 718 Offshore 963 PLE 98 SEC - B&I 553 B&I Process 50% 3% Total 19,884 * Order Backlog comprises of unexecuted orders as on June 30, 2015 plus new orders received after that date.#46Investor Presentation ACCREDITATION DNV DET NORSKE VERITAS MANAGEMENT SYSTEM CERTIFICATE PUNGALOVDALIMITED E OPERATIONS JB VON PO ONY DET NORSKE VERITAS · • MANAGEMENT SYSTEM CERTIFICATE OHSAS 18001:2007 Health & Safety ISO 14001:2004 Environmental Management ISO 9001:2008 Quality Management PUSILLONAIMITED DNY DET NORSKE VERITAS MANAGEMENT SYSTEM CERTIFICATE PINILLOYD LINERYVIR 46 46 2 LE Nd Punj Lloyd#47Energy, Infrastructure & Defence solutions G Punj Lloyd GROUP Awards • • • • Excellence in Infrastructure by Economic Times - 2014 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.106 under International contractors category by ENR.com in 2015 • Ranked no. 201 under Global contractors category by ENR.com in 2015 • Ranked no.178 under top Design firms category by ENR.com in 2015 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 D&B Axis Bank Infra Aard12 India's ANNUA NSTRI OBAL SIN INFRASTRUCTIUNE EXCELLENCE AWARDS#48Energy, Infrastructure & Defence solutions Awards - Punj Lloyd 2004 - Safety Award - BTC Pipeline Project Greentech Awards: 2005-06 - Environmental Excellence - Gold - Safety - Gold 2007 2008 - Environment Excellence - Platinum - Safety Gold 2009 2010 - Environment Excellence - Gold - Safety Award - Gold Awards - Sembawang Engineers & Constructors (SEC • 20 x Construction Excellence Awards (BCA, 1987 to 200 • 9 x Best Buildable Design Awards (BCA, 1993 to 2005) GREENTECH SAFETY AWD PUNI LLOYD LIMITED KHONEERING SECTOR • 138 x Safety Performance Gold / Silver / Merit Awards (MOM, 1985 to 2005) • • British Safety Council 5 Star Award for last five years Engine Construction Industry Association (ECIA) Safe Working Award (1995) National Productivity Award (PSB, 1994) Overseas Enterprise Award (EDB, 1997) btc Lurgi SAFETY CERTIFICATE Land C Line. Punj Lloyd GROUP#49Investor Presentation AWARDS & ACCOLADES - SEC 1994 Quality Management System BON ISO9001:2008 ISO 9000 2000 BCA OHSMS 2008 2009 Occupational Health and Safety Management System OHSAS 18001:2007 WISHCOUNCIL SHARP BCN ISO 14000 Environment Management System ISO14001:2004 Circle Line MRT (C856) Land WSHCOUNCIL KPE (C422) #1 Best Managed Project bizSAFE Partner MINETH OF MANPOWER WSHCOUNG SHARP Circle Line MRT (C856) SHARP WSHCOUNCIL Resort World at Sentosa WSHCOUNCIL Workplace Safety and Health Award (Silver) Most Improved Contractor for Environmental Award Marina Bay Sands 2010 WISHCOUNCIL SHARP Circle Line MRT (C856) bizSAFE STR Land Transport Excellence Awards for Safety Excellence Category 2011 bizSAFE STER 49 49 Annual Safety Award (Merit) DownTown Line MRT (C906) Punj Lloyd#50Investor Presentation Punj Lloyd • 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 Dayawanti Punj Model School, Sitamarhi - Allahabad • 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. 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. 50 Stop Aids#51Investor Presentation BUSINESS STRATEGY AND FUTURE OUTLOOK Punj Lloyd Expand operations to other industries and target high potential project segments Continue to expand operations in India and internationally Further enhance our engineering and design capabilities Punj Lloyd Focus on performance, timely project execution and Improvement in debt leveraging Continue to focus on EPC contracts from clients as well as contractors Develop and maintain strong relationships with our clients and strategic partners 51 Continue to focus on health, safety and environment standards#52INVESTOR RELATIONS - CONTACTS Punj Lloyd Investor Presentation For further information please contact: Vinay Sood Chief Investor Relations Officer Punj Lloyd Ltd. Tel: 0124 2620 221 Fax: 0124 2620 111 Email: [email protected] Gavin Desa / Ankit Hirawat Citigate Dewe Rogerson Tel: 022 6645 1237 / 1244 Fax: 022 6645 1200 Email: [email protected] [email protected] 52 62 Thank You#53Investor Presentation Thank You S Punj Lloyd Punj Lloyd GROUP