VPRPLNSE14 August 2025

Vishnu Prakash R Punglia Limited has informed the Exchange about Investor Presentation

Vishnu Prakash R Punglia Limited

VISHNU PRAKASH R PUNGLIA LIMITED ENGINEER, CONTRACTOR & DESIGNER An ISO 9001: 2015 Certified Company

To, BSE Limited Phiroze Jeejeebhoy Towers, 21st Floor, Dalal Street, Fort, Mumbai – 400 001

August 14, 2025

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

BSE Scrip Code: 543974

NSE Scrip Symbol: VPRPL

Dear Sir/Madam,

Sub: Intimation pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Earnings Presentation.

Dear Sir/Madam,

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith, the earnings presentation of Company for the Quarter ended June 30, 2025.

You are kindly requested to take the above information on record and oblige.

Thanking You,

Yours faithfully,

For VISHNU PRAKASH R PUNGLIA LIMITED

NEHA MATNANI Company Secretary M. No. A-69247

Corporate office: B-31/32, Second Floor, Industrial Estate, New Power House Road, Jodhpur-342003, Rajasthan Telephone: 0291-2434396, Email: accounts@vprp.co.in Reg. Office – Unit No. 3, 5th Floor, B Wing, Trade Star Premises Co-Opeartive Society Limited, Village Kondivita, Mathuradas Vasanji Road, Near Chakala Metro Station, Andheri (East), Mumbai 400059 Maharashtra

CIN: L45203MH2013PLC243252

NEHA MATNANIDigitally signed by NEHA MATNANI Date: 2025.08.14 12:43:43 +05'30' VISHNU PRAKASH R PUNGLIA LIMITED

Engineering, Procurement & Construction

E A R N I N G P R E S E N T A T I O N

Q 1 - F Y 2 6

Snapshot

3+ decades of experience in Infrastructure EPC

Experts in Water Supply Projects

Integrated Business Model with in-house capabilities

Presence in 11 States

INR 51,468 Mn Orderbook

Fleet of ~500 construction equipment

Marquee client base

Key Beneficiary of Jal Jeevan Mission & Amrut scheme

Gross block of INR 2,590 Mn

3-year Revenue CAGR – 16%

3-year PAT CAGR – 9%

3-year Average ROE 18%

Earning Presentation

Company Overview

• Established in the year 1986, Vishnu Prakash R Pungalia Limited (VPRPL) is an ISO 9001:2015 certified integrated engineering, procurement and construction (“EPC”) company with experience in design and construction of infrastructure projects.

• The company is promoted by the Pungalia family who are in the EPC business for last 4 decades. The leadership team is driven by Mr. Vishnu Prakash Punglia, Mr. Manohar Lal Punglia, Mr. Sanjay Kumar Punglia, Mr. Kamal Kishor Pungalia and Mr. Ajay Pungalia.

• VPRPL’s principal business operations are broadly divided into four categories i.e. (i) Water Supply Projects (“WSP”); (ii) Railway Projects; (iii) Road Projects and (iv) Irrigation Network Projects. Its key customers are Central & State Government, Autonomous Bodies and Private Bodies

• VPRPL specializes in water supply contracts which includes constructing, designing, building, implementing, operating, maintaining and developing Water Supply Projects (“WSPs”). It also includes setting up Water Treatment Plants (“WTPs”) along with pumping stations and laying of pipelines for supply of water.

• The current orderbook stands at ~INR 51,468 Mn spread across all the business segments to be executed over

the next 24-36 months.

• The company has an integrated business model with in-house execution team and a fleet of more than 500+

construction equipments which helps in reducing its dependence on third-party for key materials and services required for project execution.

•

For roads and highway contracts, the company focuses only on EPC projects, with or without O&M, and no HAM or BOT projects. This helps in efficient debt management and stable cash flows.

Earning Presentation

Consolidated Revenue (INR Mn) & EBITDA Margin (%)

13.39%

14.24%

12.56%

11.54%

11,684

14,739

12,374

2,764

FY23

FY24

FY25

Q1-FY26

Revenue

EBIDTA Margin

Q1-FY26 Segmental Revenue

Sewage, Civil & Others, 26.5%

Roadways, 5.5%

Railways, 18.5%

Water & Sanitation Program, 49.6%

Indian Map

Geographical Presence

Uttarakhand

Haryana

Rajasthan

Gujarat

Madhya Pradesh

Maharashtra

Goa

Assam

Manipur

Presence in 11 States

State wise distribution of Projects

States

Assam

Chhattisgarh

Goa

Gujarat

Haryana

Maharashtra

Manipur

Madhya Pradesh

Rajasthan

Uttarakhand

Uttar Pradesh

No of Projects

Earning Presentation

Business Overview

Business Segments

Water Supply projects

Road Projects

• •

•

• •

•

Project Planning and Design Construction and Installation

Commissioning and Operationalization

Road Construction and Strengthening Bridge Construction

Infrastructure Development

Railway Projects

Irrigation Projects

• •

•

Track Construction and Infrastructure Passenger Facilities

Signal and Telecommunication Infrastructure

Survey and design of irrigation network components. Construction of tunnels, canals (lined and unlined), and raw water reservoirs. Installation of pumping stations and pressurized piping systems.

Earning Presentation

Orderbook Distribution

Order book as on 30th June 2025 – ~INR 51,468 Mn

Geography wise

Segment wise

No. of Projects

Goa, 1%

Maharashtra , 1%

Uttarakhand, 16%

Rajasthan, 47%

Uttar Pradesh, 9%

Assam, 2%

Chhattisgarh, 5%

Gujarat, 3%

Haryana, 4%

Manipur, 4%

Madhya Pradesh, 8%

Roadways & Civil, 5

Railway, 32%

Railways, 15

WSP, 59%

Road & Civil, 9%

Water & Sanitation Program, SWG, 35

Earning Presentation

Water Supply Projects (WSP’s)

• VPRPL has over three decades of experience in executing WSPs comprising of construction and development of pipelines, water tanks, reservoirs, tunnels, overhead tanks, water treatment plants and irrigation projects. It has executed more than seventy-five WSPs over the last 3 decades of its existence.

• Over the years, the company has gained significant experience and expertise in water supply projects and now with the financial strength and managerial capabilities, it is aspiring to bid for large scale projects across a wider geography

Revenues (INR Mn)

11,853

10,170

9,414

• The orderbook in WSP segment stood at INR 30,210 Mn as on 30th June 2025

1,371

Scope of work in WSP’s

FY23

FY24

FY25

Q1-FY26

•

Survey, design, construction & commissioning of Projects

• Operation, maintenance, and management of water supply projects (WSPs)

•

Supply, laying, and testing of pipelines

Construction of water tanks, reservoirs, overhead tanks, raw water reservoirs,

• Water treatment plants, pumping stations

•

Providing functional household tap connection

Geo-tagging including design and operation

supply, laying, jointing, hydro-testing of cluster distribution system and village distribution system

construction of residential quarters, village transmission chambers, valve chambers, boundary walls

Earning Presentation

State Wise Contribution in the Order book (%)

Madhya Pradesh 13.7%

Manipur 7.0%

Haryana 2.9%

Goa 1.3%

Assam 3.8%

Uttar Pradesh 15.6%

Rajasthan 28.3%

Uttarakhand 27.4%

Key Water Supply Projects (WSP’s)

Project

Authority

State

Value (INR Mn)

Development of Water Supply System at Haldwani, Uttarakhand

Chillar Dam Multi-Village Drinking Water Supply Scheme

Water Supply System O&M at Kotdwar

Ex of the Work of Hindoli Nainwa WSP Dist Bundi

Prayagraj Yamuna multi group of village water supply

UUSDA

MP JAL NIGAM

UUSDA

PHED

SWSM

Rajasthan

WSP for the state of Manipur in Rural area

PWD Manipur

Manipur

Water supply scheme for Naini Extended Area (Surface Water) in Nagar Nigam, Prayagraj

UP JAL NIGAM

Work and O&M of Augmentation of production from Jaisamand lake, Udaipur

PHED

Rajasthan

Other Projects <INR 1,000 Mn

TOTAL

4,461

4,139

3,173

2,620

2,313

2,106

2,104

1,107

8,187

30,210

Earning Presentation

Railway Projects

•

VPRPL is an emerging player in the infrastructure development of the railway sector. It is backed by decades of successful project execution experience in constructing, developing, and maintaining projects like railway tracks, rail over-bridges, platforms, foot-over bridges, stations, and other ancillary work and buildings.

The company has expertise and experience in diverse EPC projects within the transportation infrastructure sector, specifically in railways. It has executed projects across geographical locations in India.

Revenue (INR Mn)

1,784

1,064

789

510

Their capabilities in railway projects cover both civil engineering and electro-mechanical aspects of railway infrastructure development.

FY23

FY24

FY25

Q1-FY26

The orderbook in Railway Projects segment stood at INR 16,589 Mn as on 30th June 2025

State Wise Contribution in the Order book (%)

Haryana, 6%

Maharashtra, 3%

Gujarat, 10%

Rajasthan, 81%

Earning Presentation

Key Railway Projects

Projects

EPC Contract of Bikaner Railway Station

Ajmer-Chanderiya doubling project of Ajmer division of North Western Railway

Construction of Udaipur Railway Station

Construction of Railway station building, facilities for passenger/pilgrim stay

Civil works in Jaipur-Sawai Madhopur Doubling Project

Construction of major bridges and ancillary works for Ajmer-Chanderiya Doubling.

End to end connectivity under Amrit Bharat station Scheme over Jodhpur

EPC Contract in Pushkar-Merta

Authority

State

Value (INR Mn)

NWR

Rajasthan

Gujarat

Rajasthan

3,783

2,697

1,861

1,631

1,568

980

977

827

557

540

1,168

16,589

Construction of Railway Bridges in connection with providing Connectivity between chainage 5.2 km

DFCCIL

Haryana

EPC work between Sadulpur to Churu in Connection with Churu- Sadulpur Doubling Project

NWR

Rajasthan

Other Projects <INR 500 Mn

TOTAL

Earning Presentation

Road Projects

•

Highways play a major role in the development of a country, particularly in a developing country like India. VPRPL is an eminent player in this sector.

Revenue (INR Mn) 1,821

Its is backed by decades of strong project execution experience in constructing, developing, and maintaining projects like state and national highways, bridges, culverts, flyovers, and rail over-bridges.

VPRPL has successfully executed projects across diverse geographical locations in India with varying complexities such as construction in high-traffic and high-density areas.

724

1,092

751

The company focuses only on EPC projects, with or without O&M.

The orderbook in roads and highway segment stood at INR 4,669 Mn as on 30th June 2025

FY23

FY24

FY25

Q1-FY25

Project Portfolio for Road and Civil Projects

Completed

On-going

Earning Presentation

Road Projects

Project

Authority

State

Value (INR Mn)

Construction to 2 lane with paved shoulder Realignment/Bypass

MORTH

Rajasthan

716

Construction of 2 Lane with paved shoulder configuration of bypass with provision of new ROB

MORTH

Rajasthan

433

TOTAL

1,149

Earning Presentation

Financial Overview

Q1-FY26 Key Financial Highlights

Q1-FY26 Consolidated Financial Performance

Total Revenue INR 2,764 Mn 7.7% YoY

EBITDA INR 319 Mn (5.1)% YoY

EBITDA Margins 11.54% (155) Bps YoY

Net Profit INR 70 Mn (52.7)% YoY

PAT Margins 2.53%

(324) Bps YoY

Diluted EPS 0.56 (52.5)% YoY

Earning Presentation

Q1-FY26 Operational Highlights

•

Strong Order Book Position: Maintained a robust order book of over INR 51,468 million, providing revenue visibility for the next 34–36 months. The portfolio remains well-diversified across government infrastructure projects, EPC contracts, and specialized construction works for PSUs, ensuring balanced sector exposure and resilience.

• Project Execution & Delivery: Achieved an on-time delivery rate of over 90% despite industry-wide challenges. Expanded geographical footprint across multiple states, with growing presence in high-growth regions. Continued focus on efficient resource utilization through optimized deployment of manpower, machinery, and materials, resulting in improved cost efficiency.

• Business Development: Sustained strong momentum in business development with over INR 30,000 million worth of tenders submitted or under evaluation. Key focus areas include roads, bridges, urban infrastructure, and renewable-linked construction projects—reflecting the company’s strategic diversification.

•

Future Growth Outlook: Well-positioned for sustained growth by leveraging a strong order book to expand into new geographies and higher-margin segments. A healthy pipeline of upcoming bids is expected to translate into order inflows in the near term, reinforcing business momentum and long-term expansion prospects.

Earning Presentation

Quarterly Consolidated Income Statement

Particulars (INR Mn)

Revenue from Operations

Total expenses

EBITDA

EBITDA Margins (%)

Depreciation and amortization

Finance costs

Other Income

PBT

Tax

PAT

PAT Margins (%)

Other Comprehensive Income

Total Comprehensive Income

Diluted EPS

Earning Presentation

Q1-FY26

Q1-FY25

2,764

2,445

319

2,566

2,230

336

Y-o-Y

7.7%

9.6%

(5.1)%

Q4-FY25

4,051

3,595

456

11.54%

13.09%

(155) Bps

11.26%

128

197

148

54.5%

37.5%

(40.9)%

(46.7)%

(28.6)%

(52.7)%

216

215

162

Q-o-Q

(31.8)%

(32.0)%

(30.0)%

28 Bps

2.0%

(18.5)%

(48.0)%

(51.2)%

(34.0)%

(56.8)%

5.77%

(324) Bps

4.00%

(147) Bps

148

1.18

(51.4)%

(52.5)%

(1)

161

1.30

(55.3)%

(56.9)%

176

105

2.53%

0.56

Historical Income Statements

Particulars (INR Mn)

Revenue from Operations

Total expenses

EBITDA

EBITDA Margins (%)

Depreciation and amortization

Finance costs

Other Income

PBT

Tax

PAT

PAT Margins (%)

Other Comprehensive Income

Total Comprehensive Income

Diluted EPS

Earning Presentation

FY23

11,684

10,119

1,565

13.39%

302

1,224

318

906

7.75%

913

10.41

FY24

14,739

12,640

2,099

14.24%

112

430

1,645

423

1,222

8.29%

1,222

10.95

FY25

12,374

10,820

1,554

12.56%

159

678

805

219

586

4.74%

(4)

582

4.70

Historical Balance Sheet

Particulars (INR Mn)

EQUITY

a) Equity Share Capital

b) Other Equity

LIABILITIES

Non Current liabilities

Financial Liabilities

a) Long Term Borrowings

b) Provisions

c) Deferred Tax Liability

Current liabilities

a) Financial Liabilities

(i) Short Term Borrowings

(ii) Trade payables

(iii) Other Financial Liabilities

(b) Other current liabilities

(d) Current Tax Liabilities (Net)

FY23

3,145

934

2,211

FY24

7,211

1,246

5,964

644

301

603

250

FY25

7,793

1,246

6,547

829

800

Particulars (INR Mn) Non - Current Assets :

a) Property, Plant and Equipment

b) Capital Work - in - Progress

c) Other Intangible assets d) Intangible assets under development e) Investment Property

f) Financial Assets

(i) Investments

(ii) Other Financial Assets

e) Deferred Tax Assets

e) Other Non Current Assets

4,466

7,907

11,474

Current Assets

1,901

2,062

350

3,705

3,391

680

6,272

4,421

111

635

a) Inventories

b) Financial assets

(i) Loans & Advances

(ii) Trade receivables (iii) Cash and cash equivalents

(iv) Other Balance with Bank

(v) Other Financial Assets

c) Current Tax Assets

d) Other Current Assets

GRAND TOTAL – ASSETS

FY23

1,524

1,254

6,731

3,126

1,977 150 550

105

649

8,255

FY24 1,986

1,663

159

13,432

4,601

6,702 531 376

1,091

15,418

FY25 2,728

2,216

210

17,368

7,980

7,347 53 521

133

1,208

20,096

GRAND TOTAL - EQUITIES & LIABILITES

8,255

15,418

20,096

Earning Presentation

Financial Performance

REVENUES (INR Mn)

EBITDA (INR Mn) & Margins (%)

PAT (INR Mn) & PAT Margins (%)

14,739

11,684

12,374

2,099

1,565

1,554

14.24%

13.39%

12.56%

11.54%

1,222

906

586

8.29%

2,764

319

7.75%

4.74%

2.53%

FY23

FY24

FY25

Q1-FY26

FY23

FY24

FY25

Q1-FY26

EBITDA (INR MN)

EBITDA Margin

FY23

FY24

FY25

Q1-FY26

PAT (INR MN)

PAT Margin

Debt/Equity (x)

Return Ratios (%)

Working Capital Days

0.80

0.55

0.91

40.27%

28.81%

174

137

27.62%

16.95%

17.20%

7.52%

FY23

FY24

FY25

FY23

FY24

FY25

ROCE

ROE

FY23

FY24

FY25

Earning Presentation

Capital Market Data

80%

60%

40%

20%

-20%

-40%

Stock Performance (up to 30th June, 2025)

Jul-24

Aug-24

Sep-24

Oct-24

Nov-24

Dec-24

VPRPL

Jan-25

Feb-25

Mar-25

Apr-25

May-25

Jun-25

Sensex

Market Data (As on 30th June, 2025)

Shareholding Pattern (As on 30th June, 2025)

Face Value

CMP

52 Week H/L

Market Capitalization (Mn)

Shares O/S (Mn)

Earning Presentation

10.00

168.1

345.85 / 134.15

20,946.42

124.64

Public, 27.99%

DII, 4.09%

FPI, 0.11%

Promoter, 67.81%

Disclaimer

Vishnu Prakash R Punglia Ltd

No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events not current after the date of this presentation. Certain statements made in this presentation may not be based on historical information or facts and may be "forward looking statements" based on the currently held beliefs and assumptions of the management of Vishnu Prakash R Punglia Ltd. (Company), which are expressed in good faith and in their opinion reasonable, including those relating to the Company’s general business plans and strategy, its future financial condition and growth prospects and future developments in its industry and its competitive and regulatory environment.

Forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, financial condition, performance or achievements of the Company or industry results to differ materially from the results, financial condition, performance or achievements expressed or implied by such forward-looking statements, including future changes or developments in the Company’s business, its competitive environment and political, economic, legal and social conditions. Further, past performance is not necessarily indicative of future results. Given these risks, uncertainties and other factors, viewers of this presentation are cautioned not to place undue reliance on these forward-looking statements. The Company disclaims any obligation to update these forward-looking statements to reflect future events or developments.

This presentation is confidential and may not be copied or disseminated, in whole or in part, and in any manner.

Valorem Advisors Disclaimer:

Valorem Advisors is an Independent Investor Relations Management Service company. This Presentation has been prepared by Valorem Advisors based on information and data which the Company considers reliable, but Valorem Advisors and 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. Valorem Advisors also hereby certifies that the directors or employees of Valorem Advisors do not own any stock in personal or company capacity of the Company under review.

For further details, please feel free to contact our Investor Relations Representatives:

Mr. Anuj Sonpal Valorem Advisors Tel: +91-22-4903 9500 Email: vprpl@valoremadvisors.com Investor kit link: https://valoremadvisors.com/vishnu

Earning Presentation

Thank You

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