IRCON

f(;JflIe6 ~~(f)IY1 ~;oc~4~1Y1(11 ilifDg (1fffiJ ~ Cfjf ~) fReON INTERNATIONAL LIMITED (A Govt. of India Undertaking) An integrated Engineering and Construction Company IRCON/SECY/STEXl124 8th August, 2022 SSE Limited National Stock Exchange of India Limited Listing Dept.! Dept of Corporate Services Listing Department Phiroze Jeejeebhoy Towers Exchange Plaza, Plot no. CII, G Block Dalal Street Bandra -Kurla Complex, Mumbai - 400 001 Bandra (East) Mumbai - 400 051 iifl Qtt{ faflle\S ¥~Hcl ~ QCRti\\iI • ~ faflle\S R1RC~1 fct~ / Cbl@c ~fct~ R1RC~1 fct~ tft. \3f.~, l(CRli)'\jjlWm, ~;:f ~ / ~, \5ft ~ -wffi 1uz1 ~~ ~ Cfj CRl, ~-400 001 ~~ ~-400051 Scrip code 110: 541956/1RCON Scrip Code: IRCON Sub.: Intimation of Investor Presentation- Q1 FY23 I Pla!{lCf) ~H{1Rt ~ ~- Q1 FY23 Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached the copy of Investor Presentation on Un-audited Financial Results of first quarter (Q 1) ended on 30th June, 2022. ~ (~-t:f1ci:1O&dl ~ JfR ~Cb<!1Cb'(OI -mWlD, Rlf.1tll·Oj 2015, ~ Rlf.1t1li 30 ~ ~, 30"Gff, 2022 cp)~~~ (Q1) ~ 31<1'@Q{1f&Rrfctdtq Q~oIlJOOiY"QX" f.1~~ICb ~qff ~R1R1fCl ~%I ~ ~ : ~-4, ~ ~, ~, ~ fc:"R;ft - 110017, 1lffif Registered. Office: C-4, District Centre, Saket, New Delhi -110017. INDIA Tel. : +91-11-26530266 Fax: +91-11-26854000, 26522000 I E-mail: info@ircon.org Web: www.ircon.org CIN : L45203DL 1976GOI008171 Ircon International Limited Analyst Presentation Q1FY23 8th August, 2022 Safe Harbour 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 currentafter 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 IRCON (“Company” or “Ircon International Ltd.”), 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 for general information purposes only, without regard to any specific objectives, financial situations or informational needs of any particular person. This presentation does not constitute an offer or invitation to purchase or subscribe for any securities in any jurisdiction, including the United States. No part of it should form the basis of or be relied upon in connection with any investment decision or any contract or commitment to purchase or subscribe for any securities. None of our securities may be offered or sold in the United States, without registration under the U.S. Securities Act of 1933, as amended, or pursuant to an exemption from registration there from. This presentation is confidential and may not be copied or disseminated, in whole or in part, and in any manner. 2 Index 01 Financial Highlights 02 Financials 03 Order Book 04 Projects 05 Awards 3 Q1FY23 Financial Highlights (Y-o-Y) - Consolidated Revenue from Operations Core EBITDA Rs.2002 crore 01 02 Rs.173 crore Growth 75% (Y-o-Y) Growth 46% (Y-o-Y) EPS* Rs1.54 (Not annualised) Profit Before Tax Profit After Tax Rs.187 crore 03 04 Rs.145 crore Growth 57% (Y-o-Y) Growth 62% (Y-o-Y) 5 *Face Value Rs.2 Per Share Q1FY23 Financial Highlights (Q-o-Q) - Consolidated Revenue from Operations Core EBITDA Rs.2002 crore 01 02 Rs.173 crore Degrowth 32% (Q-o-Q) Growth 19% (Q-o-Q) EPS* Rs.1.54 (Not annualised) Profit Before Tax Profit After Tax Rs.187 crore 03 04 Rs.145 crore Degrowth 16% (Q-o-Q) Degrowth 40% (Q-o-Q) 6 *Face Value Rs.2 Per Share Q1FY23 Income Statement - Consolidated Income Statement(INRCr) Q1-FY23 Q4-FY22 Q-o-Q (%) Q1-FY22 Y-o-Y (%) Operating Revenue 2001.91 2952.59 (32.20%) 1142.04 75.29% Total Expenses (Excl. Depreciation& 1841.96 2767.55 (33.44%) 1032.51 78.40% Finance Cost) Core EBITDA 172.60 212.85 (18.91%) 118.50 45.65% Core EBITDA Margins(%) 8.62% 7.21% 141 bps 10.38% (176 bps) Depreciation 23.74 26.36 (9.94%) 22.87 3.80% Finance Cost 28.89 23.54 22.73% 10.04 187.75% Other Income 66.53 58.12 14.47% 33.50 98.60% Profit BeforeTax 186.50 221.07 (15.64%) 119.09 (11.00%) Tax 41.93 (20.74) -- 30.10 39.30% Profit AfterTax 144.57 241.81 (40.21%) 88.99 62.46% PAT Margin (%) 6.99% 8.03% (104 bps) 7.57% (58 bps) Other ComprehensiveIncome (Net of Tax) 7.94 5.22 52.11% 1.16 584.48% Total Comprehensive Income 152.51 247.03 (38.26%) 90.15 69.17% EPS Diluted (INR) (Face value Rs.2 per share) 1.54 2.57 (40.08%) 0.95 62.11% 8 FY22 Income Statement - Consolidated Income Statement(INRCr) FY22 FY21 Y-o-Y (%) Operating Revenue 7379.67 5349.83 37.94% Total Expenses (Excl. Depreciation & FinanceCost) 6793.01 4845.40 40.20% Core EBITDA 646.60 536.29 20.57% Core EBITDA Margins(%) 8.76% 10.02% (126 bps) Depreciation 95.17 92.09 3.34% Finance Cost 68.82 23.30 195.36% Other Income 206.04 156.62 31.55% Profit BeforeTax 688.65 577.52 19.24% Tax 96.38 186.46 (48.31%) Profit After Tax 592.27 391.06 51.45% PAT Margin (%) 7.81% 7.10% 71 bps Other ComprehensiveIncome (Net of Tax) 4.04 (1.21) -- Total Comprehensive Income 596.31 389.85 52.96% EPS Diluted (INR)* 6.30 4.16 51.44% Note: IRCON had issued Bonus issues in the ratio of 1:1 in May 2021. 9 Q1FY23 Income Statement - Standalone Income Statement(INRCr) Q1-FY23 Q4-FY22 Q-o-Q (%) Q1-FY22 Y-o-Y (%) Operating Revenue 1897.20 2797.08 (32.17%) 1053.10 80.15% Total Expenses (Excl. Depreciation& 1788.77 2697.94 (33.70%) 980.17 82.50% Finance Cost) Core EBITDA 108.43 99.14 9.37% 72.93 48.68% Core EBITDA Margins(%) 5.72% 3.54% 218 bps 6.93% (121 bps) Depreciation 6.76 9.18 (26.36%) 6.08 11.18% Finance Cost 1.20 4.11 (70.80%) 3.09 (61.17%) Other Income 59.75 68.04 (12.18%) 50.39 18.58% Profit BeforeTax 160.22 153.89 4.11% 114.15 40.36% Tax 37.09 (43.20) -- 29.45 25.94% Profit AfterTax 123.13 197.09 (37.53%) 84.70 45.37% PAT Margin (%) 6.29% 6.88% (59 bps) 7.68% (139 bps) Other ComprehensiveIncome (Net of Tax) 7.95 5.23 51.01% 1.16 585.34% Total Comprehensive Income 131.08 202.32 (35.21%) 85.86 52.67% EPS Diluted (INR) (Face value Rs.2 per share) 1.31 2.10 (37.62%) 0.90 45.56% 10 FY22 Income Statement - Standalone Income Statement(INRCr) FY22 FY21 Y-o-Y (%) Operating Revenue 6910.15 4955.93 39.43% Total Expenses (Excl. Depreciation & FinanceCost) 6533.06 4586.72 42.43% Core EBITDA 377.09 369.21 2.13% Core EBITDA Margins(%) 5.46% 7.45% (199 bps) Depreciation 27.49 24.84 10.67% Finance Cost 10.39 14.73 (29.46%) Other Income 270.85 244.38 10.83% Profit BeforeTax 610.06 574.02 6.28% Tax 65.74 169.46 (61.21%) Profit After Tax 544.32 404.56 34.55% PAT Margin (%) 7.58% 7.78% (20 bps) Other ComprehensiveIncome (Net of Tax) 4.05 (1.21) -- Total Comprehensive Income 548.37 403.35 35.95% EPS Diluted (INR)* 5.79 4.30 34.65% Note: IRCON had issued Bonus issues in the ratio of 1:1 in May 2021. 11 Order Book Highways Rs.7395 crore Railways Others (17.58%) Rs.32700 crore Rs.1971 crore (77.73%) (4.69%) Domestic International Rs.39156 crore Rs.2910 crore (93.08%) (6.92%) Total Order Book Rs.42066 Crore Nomination Bidding Rs.22,228 crore Rs.19838 crore (52.84%) (47.16%) 13 Awards (2021-22) Governance Now 8th PSU Award Category: CSR Commitment Governance Now 8th PSU Award Category: CSR Leadership Award National Awards for Excellence in PSU Category: Innovation Social Media Outreach National Awards for Excellence in PSU Category: Increasing the Geo-Strategic Reach National Awards for Excellence in PSU Category: Exemplary Leader Award Greentech Foundation Safety Award Category: Construction Safety 18 For Further Information Thank You Shri B. Mugunthan CFO & Chief Investor Relation Officer Ircon International Ltd Tel: 011-26530461 E-mail: mugunthan@ircon.org 19