#1Engineers India Limited (EIL Net Zero by 2035 इंजीनियर्स इंडिया लिमिटेड (भारत सरकार का उपक्रम) EIL ENGINEERS INDIA LIMITED (A Govt. of India Undertaking) Investor Presentation 2nd Quarter Results: FY 22-23 EIL Delivering Excellence Through People November 09, 2022#2Contents 1 Quarterly Financial Performance EIL Net Zero by 2035 Page # 3 2 Quarterly Business Secured and Order Book 12 3 Annual Performance Summary 18 Delivering Excellence Through People 2#3EIL 1 Quarterly Financial Performance इंजीनियर्स इंडिया लिमिटेड (भारत सरकार का उपक्रम) EIL ENGINEERS INDIA LIMITED (A Govt. of India Undertaking)#4- Q2 FY 22-23: Performance Summary – Standalone Standalone Net Zero by 2035 EIL Rs Mn Q4 21-22 TURNOVER Q2 22-23 Q1 22-23 Q1 21-22 Q2 21-22 Q3 21-22 Consultancy - Domestic 2773.07 2768.90 2795.60 2841.71 3005.09 3078.77 Consultancy - Overseas 682.90 737.00 861.90 672.60 607.30 712.06 Consultancy Total 3455.97 3505.90 3657.50 3514.31 3612.39 3790.83 Turnkey 4364.16 4543.90 3691.45 2964.54 3203.33 4269.64 Consultancy + Turnkey 7820.13 8049.80 7348.95 6478.85 6815.72 8060.47 Other Income 668.74 272.42 224.70 283.71 381.84 477.07 Total Income 8488.87 8322.22 7573.65 6762.56 7197.56 8537.54 SEGMENT PROFIT Q2 22-23 Q1 22-23 Q1 21-22 Q2 21-22 Q3 21-22 Q4 21-22 Consultancy 670.14 604.64 1100.21 895.21 860.61 1228.83 Turnkey 136.44 91.63 116.36 74.47 68.44 97.29 Total 806.58 696.27 1216.57 969.68 929.05 1326.12 Note: All figures are on standalone basis Delivering Excellence Through People 4#5INR mn Q2 FY 22-23: Quarterly Performance - Standalone Turnover - Consultancy ■Turnover Consultancy Turnover Mix (Consultancy Vs Turnkey) Consulting ■Turnkey EIL Net Zero by 2035 INR mn 4,000 3324 3540 3452 3514 3456 100% 3,000 80% 51% 51% 49% 46% 56% 60% 2,000 40% 1,000 49% 49% 51% 54% 20% 44% 0 0% Q2 18-19 Q2 19-20 Q2 20-21 Q2 21-22 Q2 22-23 Q2 18-19 Q2 19-20 Q2 20-21 Q2 21-22 Q2 22-23 Turnover - Turnkey ■Turnover Turnkey 6,000 4,000 3697 3490 3382 2965 2,000 4364 0 Q2 18-19 Q2 19-20 Q2 20-21 Q2 21-22 Q2 22-23 Note: All figures have been taken on standalone basis for EIL INR mn Total Income ■Total Income 10,000 8489 7893 8,000 7428 7367 6763 6,000 4,000 2,000 0 Q2 18-19 Q2 19-20 Q2 20-21 Q2 21-22 Q2 22-23 Delivering Excellence Through People 5#6EIL Net Zero by 2035 H1 FY 22-23: Half Yearly Performance Summary - Standalone Rs Mn TURNOVER Consultancy - Domestic H1 22-23 H1 21-22 H1 20-21 5541.96 5637.2 4632.2 Consultancy - Overseas Consultancy Total 1419.90 1534.6 1571.4 6961.86 7171.8 6203.6 Turnkey 8908.06 6656.00 5308.9 Consultancy + Turnkey 15869.92 13827.8 11512.5 Other Income 941.16 508.4 1029.1 16811.08 14336.2 12541.6 Total Income SEGMENT PROFIT Consultancy Turnkey H1 22-23 H1 21-22 1274.78 228.07 1995.4 190.8 Total 1502.85 2186.2 • Note: All figures are on standalone basis H1 20-21 1326.0 92.5 1418.5 Delivering Excellence Through People 6#7Q2 & H1 FY22-23: Performance Summary - Standalone EIL Net Zero by 2035 Rs Mn Q2 22-23 Q1 22-23 Q1 21-22 Q2 21-22 Q3 21-22 Q4 21-22 PBT 1018.29 680.42 1216.6 832.3 926.1 1503.4 PAT 851.35 505.09 906.1 594.7 680.4 1262.9 EPS# 1.51 0.90 1.61 1.06 1.21 2.25 PBT PAT EPS# • Note: All figures are on standalone basis H1 22-23 H1 21-22 H2 21-22 1698.7 2048.9 2429.5 1356.4 1500.8 1943.3 2.41 2.67 3.46 Rs Mn Delivering Excellence Through People 7#82,000 Q2 FY 22-23: Quarterly Performance - Standalone Segment Profit - Consultancy ■Segment Profit - Consultancy Segment Profit % Consulting -Turnkey EIL Net Zero by 2035 INR mn INR mn 800 600 400 1,000 60% 40% 29% 27% 27% 25% 964 968 933 895 20% 670 8% 5% 19% 2% 3% 3% 0% Q2 18-19 Q2 19-20 Q2 20-21 Q2 21-22 Q2 22-23 0 -20% Q2 18-19 Q2 19-20 Q2 20-21 Q2 21-22 Q2 22-23 Segment Profit - Turnkey ■Segment Profit - Turnkey 285 175 200 136 74 63 Note: All figures have been taken on a standalone for EIL INR mn PAT ■ PAT 2,000 978 927 1,000 851 678 595 0 Q2 18-19 Q2 19-20 Q2 20-21 Q2 21-22 Q2 22-23 Q2 18-19 Q2 19-20 Q2 20-21 Q2 21-22 Q2 22-23 Delivering Excellence Through People 8#9INR mn H1 FY 22-23: Half Yearly Performance - Standalone Turnover - Consultancy Turnover Consultancy Turnover Mix (Consultancy Vs Turnkey) Consulting ■Turnkey INR mn 8,000 7630 6204 6,000 7403 100% 7172 6962 80% 46% 48% 50% 56% 61% 60% 4,000 40% 54% 52% 50% 2,000 20% 44% 39% 0% 0 H1 2020-21 H2 2020-21 H1 2021-22 H2 2021-22 H1 2022-23 H1 2020-21 H2 2020-21 H1 2021-22 H2 2021-22 H1 2022-23 Turnover - Turnkey Total Income 18,000 16811 14,000 11905 12,000 10,000 8,000 6,000 5309 4,000 2,000 0 15735 14336 15,000 12542 8908 7473 HE INR mn 12,000 6656 9,000 6,000 3,000 0 H1 2020-21 H2 2020-21 H1 2021-22 H2 2021-22 H1 2022-23 H1 2020-21 H2 2020-21 H1 2021-22 H2 2021-22 H1 2022-23 Note: All figures have been taken on standalone basis for EIL Delivering Excellence Through People 9 EIL Net Zero by 2035#10Quarterly Performance Track Record - Standalone INR Mn 10,000 8,000 6,000 7120 Total Income ■Consultancy ■Turnkey Other Income 4785 4544 4270 4364 4,047 4,000 3,452 3382 3,583 3,658 3691 3,514 3,612 3,791 3,506 3,456 3203 2965 2,751 1927 2,000 497 533 480 440 225 284 382 477 272 0 Q1 20-21 Q2 20-21 Q3 20-21 Q4 20-21 Q1 21-22 Q2 21-22 Revenue Mix (Consultancy Vs Turnkey) Consulting ■Turnkey Q3 21-22 Q4 21-22 Q1 22-23 Q2 22-23 70% 60% 50% 40% 30% 59% 57% 51% 49% 20% 41% 43% 64% 56% 50% 50% 54% 53% 53% 56% 46% 47% 47% 44% 44% 36% 10% 0% Q1 20-21 Q2 20-21 Q3 20-21 Q4 20-21 Q1 21-22 Q2 21-22 Q3 21-22 Q4 21-22 Q1 22-23 Q2 22-23 Note: All figures have been taken on a standalone for EIL 669 EIL Net Zero by 2035 Delivering Excellence Through People 10#11Quarterly Performance Track Record - Standalone 2,000 1,500 1,000 933 910 1,564 Segment Wise Operating Profit ■Consultancy ■Turnkey 1,229 1,100 895 861 605 670 393 400 500 116 30 63 65 74 68 97 92 136 0 Q1 20-21 Q2 20-21 Q3 20-21 Q4 20-21 Q1 21-22 Q2 21-22 Q3 21-22 Q4 21-22 Q1 22-23 Q2 22-23 50% 40% 30% 20% Segment Wise Profit % Consulting Turnkey 39% 30% 32% 27% 25% 25% 24% 19% 10% 17% 14% 2% 2% 1% 6% 3% 3% 2% 2% 2% 3% 0% Q1 20-21 Q2 20-21 Q3 20-21 Q4 20-21 Q1 21-22 Q2 21-22 Q3 21-22 Q4 21-22 Q1 22-23 Q2 22-23 Note: All figures have been taken on a standalone for EIL EIL Net Zero by 2035 Delivering Excellence Through People 11#12EIL 2 Quarterly Business Secured and Order Book इंजीनियर्स इंडिया लिमिटेड (भारत सरकार का उपक्रम) EIL ENGINEERS INDIA LIMITED (A Govt. of India Undertaking)#13Q2 FY 22-23: Business Secured and Order Book - Standalone EIL Net Zero by 2035 Rs Mn Business Secured H1 22-23 Q2 22-23 Q1 22-23 Q1 21-22 Q2 21-22 Q3 21-22 Q4 21-22 Consultancy (domestic) 3,018 817 2,201 2,729 11,624 422 1,740 Consultancy (overseas) 143 94 49 97 48 142 69 Consultancy Total 3,161 911 2,250 2,826 11,672 564 1,809 Turnkey 2,494 2,494 0 0 0 0 0 Total Business secured 5,655 3,405 2,250 2,826 11,672 564 1,809 Rs Mn Order Book As on As on As on As on As on As on (Cumulative) Sep 22 Jun 22 Jun 21 Sep 21 Dec 21 Mar 22 Consultancy 45994 47,935 44,984 52,980 50,383 48,983 Turnkey 38319 40,403 30,320 27,312 31,738 27,566 Total Order Book 84313 88,338 75,304 80,292 82,121 76,549 Consultancy % 55% 54% 60% 66% 61% 64% Turnkey % 45% 46% 40% 34% ☐39% ☐ 36% Note: Data on unconsolidated basis Delivering Excellence Through People 13#14Q2 FY 22-23: Orders Secured Break up - Standalone Consultancy Vs LSTK 56% 44% Consultancy LSTK Consultancy LSTK Consultancy Domestic Vs Overseas 95% 5% Domestic Overseas Domestic Overseas EIL Net Zero by 2035 Delivering Excellence Through People 14#15Q2 FY 22-23: Order Book Break up - Standalone Consultancy Vs LSTK 55% 45% Consultancy LSTK Consultancy LSTK Consultancy Domestic Vs Overseas 82% 18% Domestic Overseas Domestic Overseas EIL Net Zero by 2035 Delivering Excellence Through People 15#16Q2 FY22-23: Salient Orders Secured Service Type Domestic Consultancy Consultancy Consultancy Project scope DFR and Licensor selection for PDH PP plant with Ethane Propane Import facility at Dahej Third Party Inspection Services for Pune Municipal Coorporation (Change Order to 1037) Principal Consultant Firm (PCF) Services for Enterprise level Training Institute for RBI (in continuation to the data centre job awarded on 15h June 2022) Restoration of Gas Terminal Phase-1 Part A at ONGC Hazira Plant EIL) Net Zero by 2035 Client Contract Value (Rs. Million) Award Date Completion Date Petronet LNG Ltd. 109 July 2022 October 2023 Pune Municipal 290 August 2022 Corporation August 2027 Indian Financial Technology and Allied Services (IFTAS) 135 August 2022 August 2025 Oil and Natural Gas Corporation (ONGC) 2494 April 2022 (Go-ahead Date) December 2024 Turnkey (OBE) Overseas Upper Zakum Facilities - Plant Modification Consultancy Requests (PMRs) and Engineering Work Requests (EWRs) (Package-07) ADNOC Offshore 38 August 2022 January 2023 Consultancy PMC Services on Call-Off- Basis under contract no. 429493 for SATAH/UAD Project and USSU Projects ADNOC Offshore 30 September 2022 October 2023 Delivering Excellence Through People 16#17Q1 FY22-23: Salient Orders Secured EIL Net Zero by 2035 Service Type Domestic Consultancy Consultancy Consultancy Consultancy Consultancy Project scope Consultancy services for proposed underground mined rock LPG cavern at Vadodara EPCM Services for Implementation the Project of Upgradation of Pump Stations/Terminals of Naharkatiya-Barauni Crude Oil Pipeline (Change Order) PMC for Anjar Palanpur Pipeline of GSPL Principal Consultant Firm (PCF) for setting up RBI's Greenfield Data Centre II, EMC Park, Khurda ,Odisha Project Management Consultancy (PMC) for Pre- award activities for Lignite to Methanol Project at Neyveli Client Contract Value (Rs. Million) Award Date Completion Date Hindustan Petroleum Corporation Ltd. (HPCL) 130 May 2022 May 2023 Oil India Ltd. (OIL) 143 May 2022 April 2022 Gujarat State Petronet Ltd. (GSPL) Indian Financial 178 May 2022 April 2025 Technology and Allied Services (IFTAS) 202 June 2022 August 2024 NLC India Ltd. 180 June 2022 August 2023 Consultancy EPCM Contract for MIBC, MIBK and U&O Deepak Chem Tech Ltd. (DCTL) 440 June 2022 October 2023 Consultancy EPCM Services for Dahej Regasification Expansion Project (20 to 22.5 MMTPA) Petronet LNG Ltd. 240 June 2022 September 2025 Overseas Consultancy Consultancy Services for Concept Study for Grass Root Refinery cum Integrated Petrochemical Complex at Nigeria Padah LNG FZE 25 June 2022 Sept 2022 Delivering Excellence Through People 17#18EIL 3 Annual Performance Summary इंजीनियर्स इंडिया लिमिटेड (भारत सरकार का उपक्रम) EIL ENGINEERS INDIA LIMITED (A Govt. of India Undertaking)#19Annual Performance Summary - Standalone EIL Net Zero by 2035 Rs Mn TURNOVER 2021-22 2020-21 2019-20 2018-19 2017-18 2016-17 Consultancy 14,575 13,833 15,653 13,494 13,793 11,650 Turnkey 14,129 17,214 16,377 10,949 4,083 2,836 Consultancy + Turnkey 28,704 31,047 32,030 24,443 17,876 14,486 Other Income 1,367 1,949 2,580 2,251 1,795 2,237 Total Income 30,071 32,996 34,611 26,694 19,671 16,723 SEGMENT PROFITS 2021-22 2020-21 2019-20 2018-19 2017-18 2016-17 Consultancy 4,085 3,799 4,989 3,894 4,303 3,592 Turnkey 356 558 655 628 754 1036 Consultancy % 28% 27% 32% 29% 31% 31% Turnkey % 3% 3% 4% 6% 19% 37% PAT PAT PAT % 2021-22 2020-21 2019-20 2018-19 2017-18 2016-17 3,444 12% 2,595 4,302 3,701 3,779 3,250 8% 13% 15% 21% 22% Note: All figures are on standalone basis and rounded off to nearest digit Delivering Excellence Through People 19#20Business Secured and Order Book - Standalone EIL) Net Zero by 2035 Rs Mn Business Secured FY 21-22 FY 20-21 FY 19-20 FY 18-19 FY 17-18 Consultancy ■Turnkey 1% 0% 100% 70 Consultancy (domestic) 16,515 14,550 8,119 14,942 13,572 22% 80% Consultancy (overseas) 356 1,011 8,053 911 3,036 60% Consultancy Total 73% 100% 99% 100% 16,871 15,562 16,172 15,853 16,608 40% 78% Turnkey 0 130 0 43,052 4,797 20% 27% Total Business secured 16,871 15,692 16,172 58,905 21,405 0% 2017-18 2018-19 2019-20 2020-21 2021-22 Rs Mn ■Consultancy ■Turnkey Order Book March 22 March 21 March 20 March 19 March 18 100% 80% 36% Consultancy 48,983 45,816 44,561 43,124 41,739 47% 43% 53% 61% 60% Turnkey 27,566 34,003 50,993 68,763 36,992 40% Total Order Book 76,549 79,819 95,554 1,11,887 78,731 64% 53% 57% 20% 47% 39% Consultancy % 64% 57% 47% 39% 53% 0% Turnkey % 36% 43% 53% 61% 47% 2017-18 2018-19 2019-20 2020-21 2021-22 Note: Data on unconsolidated basis Delivering Excellence Through People 20#21Capital Investments - as on Q2 FY22-23 EIL Net Zero by 2035 Description Name Implemen-ting agency JV Partners / Share-holding State Country Size Capacity / Area Approximate project cost/ investment at start Total Equity Investment by EIL Investment 1 Ramagundam Fertilizer Project M/s Ramagundam Fertiliser & Chemical Ltd. NFL - 26%; EIL - 26%; FCIL-11%; GAIL- 14.3%; Telangana Govt - 11%; HTAS Consortium- 11.7% Telengana Urea: 3850 MTPD Ammonia: 2200 MTPD Rs. 6388 Crore Rs. 491 Crores Investment 2 NELP IX: Two Upstream Assets (CB-ONN-2010/8) M/s Bharat Petro Resources Ltd. (BPRL) BPRL -25%, GAIL - 25%, EIL-20%, BFIL - 20%, MIEL - 10% Gujarat Exploration Acreage 42 Sq. Km. CB-ONN-2010/11 M/s GAIL India Ltd. BPRL-25%, GAIL - 25%, EIL-20%, BFIL - 15%, MIEL - 15% Investment 3 Minority stake in Numaligarh Refinery Ltd. EIL stake 4.37% Investment 4 LLC-BEO (Bharat Energy Office) Exploration Acreage 131 Sq. Km. Assam 3 MMTPA Refinery (Currently undergoing expansion to 9 MMTPA) Equal participation of 20% by OIL, OVL, GAIL, IOCL & EIL Moscow, Russia Gujarat Rs. 300 Crore / USD 50 Million (During Bidding Stage) Rs. 100 Crores USD 500,000/- Rs 700 crores (approx) USD 100,000/- Delivering Excellence Through People 21#22Disclaimer EIL This presentation report is for distribution only under such circumstances as may be permitted by applicable law. It is published solely for information purposes, it does not constitute an advertisement and is not to be construed as a solicitation or an offer to buy or sell any securities or related financial instruments in any jurisdiction. 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Neither the author or EIL shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from this presentation report. Further, EIL is under no obligation to update or keep current the information contained herein. The disclosures contained in this presentation report produced by EIL shall be governed by and construed in accordance with laws of India. EIL specifically prohibits the redistribution of this material in whole or in part without the written permission of EIL and EIL accepts no liability whatsoever for the actions of third parties in this respect. Images may depict objects or elements which are protected by third party copyright, trademarks and other intellectual property rights. All rights reserved. Net Zero by 2035 Delivering Excellence Through People 22#23EIL THANK YOU Delivering Excellence Through People 23