OMINFRAL

OM METALS INFRAPROJECTS LIMITED CIN: L27203R11971PLC003414 Regd.Office:2"CiFloor,A~Blgck,0mTower,ChurchRoad, MJ. Road,Jaipur-302001 Te|:+91—141-5160000 'Website:www.ommetals.comE-MailId:Jalpur@ommetals.com Date: February 19, 2020 To, Corporate Service Department, Bombay Listing Department, Stock Exchange, National Stock Exchange OfIndia Limited Phiroze IeejeeebhoyTowers, Exchange Plaza, C-1 Block G Bandra Kurla Dalal Street, Mumbai—400001 Complex, Bandra [E], Mumbai FaxNo. 022~ FaxNo. 022- 22723121/3027/2039/2061/2041 26598237/38 : 66418126 Dear Sir/Ma'am, b: P enta ion 0 nve tor nUn-au ited Fin cial e or the rter& ine onth nded iStD ember Please find enclosed herewith the presentation on the Un-audited Financial Result for the Quarter & Nine months ended 315tDecember, 2019. Kindlytake the same on your records. ThankingYou. Yours Faithfully _ fjflgle‘tgls Infraprojects Limited a! U} . ' i‘ \; _ :13:: ié‘éha Iain \- "c- : .~v. / CSfilpa-fiYSQbretary Om Metals Infraprojects - Company Overview  Established in 1971, this leading conglomerate is present into Construction of EPC projects in Hydro Mechanical projects, Irrigation projects, Canal & Dams projects and Development of Real Estate projects  The EPC contracts work include civil construction, designing, engineering, procurement, fabrication, manufacturing, supply, installation, commissioning and operations & maintenance  Company has successfully executed road projects and more than 60 Civil and Hydro-mechanical contracts for Hydro-power & Irrigation projects across the country and abroad  Currently working on 17 construction projects with total contract value of Rs 3355.4 crores (OMIL Share – Rs 2663.3 crore)  These projects are across 9 Indian states (Gujarat, Uttar Pradesh, Madhya Pradesh, Uttarakhand, Himachal Pradesh, Jharkhand, Tamil Nadu, Arunachal Pradesh and Rajasthan) and three international locations (two projects in Africa and one project in Nepal)  Two Real Estate projects are under progress across Jaipur, Kota with sellable area of over A Million sq ft and one is in implementation stage at Mumbai with the total expected saleable area over 2.5 lakh sq ft ( Om’s share)  Unexecuted orderbook stands at Rs 1770.9 crores (OMIL share) as on 14th Feb 2020 Profit & Loss Statement (Q3FY20 & 9MFY20– Consolidated) Rs Crore Q3FY20 Q3FY19 9MFY20 9MFY19 Revenue from Operations 27.58 57.24 128.80 161.80 Total Expenditure 34.76 51.29 119.40 129.59 EBITDA -7.18 5.95 9.40 32.21 Other Income 6.37 19.32 10.27 24.61 Depreciation 1.83 2.25 5.92 7.54 EBIT -2.64 23.02 13.76 49.27 Interest cost 4.18 14.15 16.12 27.68 Profit Before Tax -6.82 8.87 -2.36 21.59 Tax -2.36 0.93 0.95 6.09 Profit after Tax -4.46 7.95 -3.31 15.50 Net Profit/Loss from discount. op after tax -0.09 -0.07 -0.48 -0.82 Share of Profit/Loss from Associates/JVs 0.88 0.00 4.19 -0.30 Net Profit -3.66 7.88 0.40 14.37 EBITDA Margin -26.0% 10.4% 7.3% 19.9% Net Profit Margin -13.3% 13.8% 0.3% 8.9% Segmental Revenue Break-up Q3FY20 9MFY20 3.7% 8.3% Engineering Engineering Others Others 96.3% 91.7% Please Note: Revenue from Engineering segment include revenue from all EPC contracts in domestic and International markets. Others include revenues from Real Estate & Hotels division. Contracts Details - Unexecuted Order-Book at Rs 1771 Crore Contract Value Estimated Value of Balance Sr. No. Name of Contract Client Location Project Type Share of OMIL Completion OMIL Share work (Rs Crore) (Rs Crore) Date Hydro Mechanical 1 Kutchh Canal Power -SSNN Govt. of Gujarat Gujarat and civil 230.0 57.1 Mar-20 100% 2 KoshiCanal System, Rampur Govt of Uttar Pradesh Uttar Pradesh Dam/barrage 423.8 241.4 Mar-22 100% 3 Ujjain Smart city Govt of Madhya Pradesh Madhya Pradesh EPC –smart city 119.0 7.9 Dec-20 50% 4 Vyasi Hydro Mech Uttaranchal JalVidyut Nigam HimachalPradesh Hydro Mechanical 105.9 21.4 Mar-21 100% 5 Tapovan Hydroelectric Project NTPC Himachal Pradesh Hydro Mechanical 72.4 24.8 Mar-22 100% 6 Mpanga Irrigation Government of India Rwanda ( Africa) Irrigation 53.7 44.4 Mar-21 51% 7 Kpong Irrigation World Bank Ghana ( Africa) Irrigation 51.7 13.0 Aug-20 51% 8 North Koel Reservoir Government of India Jharkhand Dam 38.5 27.9 Mar-22 100% 9 Kundah Hydro MechProject Govt of Tamil Nadu Tamil Nadu Hydro Mechanical 95.0 95.0 Nov-21 100% 10 Arun-3 Hydroelectric Project SJVN Limited Nepal Hydro Mechanical 157.0 157.0 Jul-22 100% 11 BairaSiulPower Station NHPC Himachal Pradesh Hydro Mechanical 19.9 8.3 Mar-21 100% 12 Upper Beda Reservoir Govt of Madhya Pradesh Madhya Pradesh Irrigation 13.5 0.7 Mar-20 100% 13 Kameng HEP NEEPCO Arunachal Pradesh Hydro Mechanical 195.4 4.1 Dec-20 60% 14 Isarda Dam Project Govt of Rajasthan Rajasthan Dam waterstorage 615.2 595.5 Dec-23 100% 15 Amravati Project Construction Maharashtra Irrigation 240.1 240.1 Mar-25 100% 16 Hiran Water Resources Division Govt of Madhya Pradesh Madhya Pradesh Irrigation 153.3 153.3 Dec-23 51% 17 Pench Diversion Project Govt of Madhya Pradesh Madhya Pradesh Irrigation 78.9 78.9 Dec-23 30% Total 2663.3 1770.9 * as on 14thFeb 2020 Execution Update of Domestic & International Projects  Company received EPC contract for Amravati Project with total value of Rs 240.1crore during December 2019  In first week of Feb 2020, company has received two more irrigation projects from Govt of Madhya Pradesh with total contract value of Rs 570 crore (OMIL Share – Rs 235 crore)  Two major domestic projects - Kutchh Hydropower (Gujarat) is nearing completion and Koshi Dam Project -Rampur( with enhanced scope of work under cabinet approval) are expected to be completed by March 2020  Vikram Udyogpuri Ujjain project (smart city project) is expected to be completed by Dec 2020  Company’s largest contract – Isarda Dam project (Rs 615 Crore) is gathering pace;revenue booking already started during the last quarter (Q2FY20)  Revenue booking at other new Hydro Mechanical contracts, Arun-3 (Nepal) and Kundah (Tamil Nadu),is going to start soon from this quarter  Africa Irrigation projects are progressing smoothly. Pace of execution of these projects has been better with completion expected by Mar-Aug 2021  In Gujarat and Bihar Silo projects – Ground breaking & civil structures work at both the projects are in progress. Company is hopeful to achieve Financial closure soon and COD in next 12-15 months Execution road map for real estate projects and revenue recognition Number of Project Area Project Location Partner Project Type Units Sq Ft. (OMIL Share) Om Meadows Kota - Housing 340 4,45,972 Palacia Jaipur - Housing 152 6,46,150 Bandra MHADA Mumbai DBRealty & Others Housing - 2,50,000 Asvita Hyderabad Mahindra Lifespaces Housing 52 88,000 Total estimated Consideration of sold units Total revenue realizable for Real Estate Project Sold in sq.ft Unsold in sq.ft. realisable value of (Rs Cr) unsold units (Rs Cr) revenue (Rs Cr) Om Meadows 185,500 2,60,472 107 42 65 Palacia 238760 4,07390 666 207 459 Bandra MHADA* - 2,50,000 750 0 *750 Asvita 82,000 6,000 40 38 2 Total 1,563 287 1276 • Note: *Bandra Mhada project – as per finalization of drawing plan and FSI approval • The revenue projections are subjected to growth in real estate markets and sale of units and FSI approval (at decided rate and time) Interim relief from Arbitrator in Bhilwara road SPV project  Company has got interim relief which it sought under section 17 of arbitration act from Arbitrator in its road SPV (Special PurposeVehicle) project - Bhilwara JaipurToll Road Pvt. Ltd  The Arbitrator after due hearings under section 17 of arbitration act in this case issued an award on Oct 30, 2019 directing the PWD - Rajasthan Govt to deposit Rs 191 crore in escrow account and take back the possession of state highway  State Govt has now also allowed the toll collection from Private vehicles wef 1.11.19 which was earlier exempted wef April 01, 2018 – this will strengthen cash flow handsomely  Regular arbitration proceedings as per Arbitration act is going on and claim of termination payment of Rs 578 crore is in process of hearings  As per termination of Concession Agreement, the State Govt of Rajasthan is liable to pay termination payment which includes debt due and 150% of the adjusted equity as per clause in concession agreement Execution of Real estate projects progressing well  Execution of the two key real estate projects; Om Meadows (Kota) and Pallacia (Jaipur) are progressing well. The finishing, interior and value addition work in Pallacia /Kota residential project is going on  In the next three years, considering that the reality market to do considerably well, the company expects about Rs 750 crore revenue and unrealized cash inflow from both the projects Monetisation of non-core assets/awards  One of the Packing division’s machinery has already been sold to make the packaging business more viable  The agreement to sale for Jaipur Hotel (Om Tower) was done during Q3FY19. Major amount had already been received as an advance. Conveyance deed is pending for the transfer of licenses and other formalities  The unit sale in Ashvita - Hyderabad is complete. Possession and delivery has been handed over to the users  In Tapovan Vishnugarh project, company has won arbitration award of Rs 53 crore and NTPC has accordingly deposited the money in court and challenged the award in Hon’ble High court. The final disposal of NTPC appeal in our favour is expected  In The MHADA project, company is in close talks with Govt agencies for final FSI approval and Design and drawing approval so that construction agency can be finalized and Ground breaking can be started Outlook & Key Drivers  Strong revenue visibility with current unexecuted order-book of Rs 1770 crore, which is over 7x of FY19 revenues  During the recent budget for FY21, Govt focus remained on building Infrastructure with significant allocations towards Irrigation and Hydro-Power segments. Tendering and bidding activities are expected to pick-up in the coming period  Liquidity situation is also seen an improvement in the markets. Execution of projects would also see a significant improvement in FY21  With the execution pick-up expected at both domestic and international projects in FY21, revenue growth for the next financial year should be strong  Company has also been exploring bids for projects in domestic markets and expected to add good amount of fresh orders in FY21  Focus on improving execution and operational efficiencies would help in further improvement in margins  With balance sheet remains healthy, the company is well placed to better execute its projects and further look for opportunities in this space leading to increase in profitability Disclaimer Certain statements in this communication may be ‘forward looking statements’ within the meaning of applicable laws and regulations. These forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those suggested by the forward-looking statements. Important developments that could affect the company’s operations include changes in the industry structure, significant changes in political and economic environment in India and overseas, tax laws, import duties, litigation and labour relations. Om Metals Infraprojects Ltd. will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances. Thank You For Further Information, Please contact: Company : Investor Relations Advisors: Om Metals Infraprojects Ltd. Intellect PR CIN: L27203RJ1971PLC003414 Mr. Vijay Goel Mr. S.K. Jain - CFO vijay@intellectpr.com skjain@ommetals.com 9920124357 www.ommetals.com