Praj Industries Limited, Q2 FY 14 Results

Welcome to PRAJ Industries Ltd

Performance Update

Contents

Praj Industries Limited, Q2 FY 14 Results

Quarter Highlights

Market Roundup

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Performance Update

Praj Industries Limited, Q2 FY 14 Results

Performance Update

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Q2-FY13 Q1-FY 14 Q2-FY 14 H1 FY 13 H1 FY 14

Revenue 218.8 173.1 194.2 419 367

EBITDA 13.26 0.48 9.32 32.6 10.5

Performance Update

Financials : Figures in Rs cr

Praj Industries Limited, Q2 FY 14 Results 4

EBITDA 13.26 0.48 9.32 32.6 10.5

PBT 16.6 4.8 7.86 33.91 12.74

PAT 13.4 3.10 6.48 27.07 9.58

Order Intake 308 252.6 172.8 448 425

Note – all figures on consolidated basis, i.e. Praj Industries India, its local execution companies(LECs) and Neela Systems (NSL)

Q2- FY14 Revenue Breakup

Revenue - Rs. 194.2 cr

Performance Update

Ethanol

69%

Brewery

4%

Exports

Praj Industries Limited, Q2 FY 14 Results 5

Note - Emerging businesses include Critical Process Equipment and Systems,

Water and Waste-water Treatment Division and Neela Systems.

69%

Emerging

27%

Exports

54% Domestic

46%

Performance Update

Domestic

Ethanol

67%

Brewery

2%

Q2- FY14 Order Intake

Order Intake – Rs. 172.8 cr

Praj Industries Limited, Q2 FY 14 Results 6

Exports

41%

Domestic

59%

67%

Emerging

31%

Note - Emerging businesses include Critical Process Equipment and Systems,

Water and Waste-water Treatment Division and Neela Systems.

Order backlog at the end of each quarter

Values in Rs cr

Performance Update

820 873 895 898

1010 990

Praj Industries Limited, Q2 FY 14 Results 7

Note – all figures on consolidated basis, i.e. Praj Industries India, its local execution companies and Neela Systems.

Q1 Fy13 Q2 Fy13 Q3 Fy13 Q4 Fy 13 Q1 Fy14 Q2 Fy14

Order Backlog Breakup

1010 Cr 990 Cr

71% 64% 65%

14%14% 13%

15% 22% 22%

Emerging Brewery Ethanol

873 cr

Praj Industries Limited, Q2 FY 14 Results

Exports

45%Domestic

45%Exports

56%

Domestic

44%

Q2 FY 13 Q1 FY 14 Q2 FY 14

Domestic

43% Exports

57%

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Quarter Highlights

Praj Industries Limited, Q2 FY 14 Results 9

Quarter Highlights

Quarter Highlights

Praj signs Cooperation Agreement for Advanced Biofuels R&D Project

Praj Industries signed a Letter of Intent (LOI) with a renowned European company

for an advanced biofuel R&D project in Hungary

The findings will be adopted to build a Demonstration Plant in Hungary

Praj Industries Limited, Q2 FY 14 Results 10

Praj Industries formed a subsidiary, Praj Sur America SRL in Buenos Aires, Argentina

to look after the company’s business interests in the region

Praj acquired the balance stake in its subsidiary Praj Far East Philippines Ltd. Inc. As a

result, it is now a wholly owned subsidiary of the company.

Praj acquired a further stake of 10% in its subsidiary Neela Systems Ltd. for

approximately Rs. 20.4 crore. With this, the company now holds 70% stake in Neela at

an approximate cost of Rs. 96.90 crore. The balance Rs. 41.3 crore for a further 20%

stake in the Company will be paid over the next two years.

Market Roundup

Praj Industries Limited, Q2 FY 14 Results 11

Market Roundup

NORTHNORTH

AMERICAAMERICA EUROPEEUROPE ASIAASIA

North America

The US Environmental

Protection Agency has

proposed a reduction in the

Renewable Fuels Mandate for

2014

18.15 billion gallons →15.21

billion gallons, largely on

account of 2nd Gen ethanol

Europe

EU Parliaments Environment

Committee’s decision on First

Gen cap yet to be finalized

Asia and India

Market Roundup

Praj Industries Limited, Q2 FY 14 Results 12

AMERICAAMERICA

SOUTHSOUTH

AMERICAAMERICA

AFRICAAFRICA

EUROPEEUROPE ASIAASIA

AUSTRALIAAUSTRALIA

Asia and India

India - Oil firms are seeking

1.335 billion litres for

December 2013-November

2014 delivery to meet demand

for the 5% ethanol blending

programme

Indonesia - Removal of fuel

subsidy being discussed.

Ethanol demand likely to pick

up by start of calendar year

2014

Africa

South Africa declares E2

mandate starting Oct, 2015

Zimbabwe moving to E20

Demand for Potable alcohol

grows in Southern & Eastern

Africa

South America

Ecuador - Successful ethanol

blending program ,aims to

produce 800 million litres in

2020

Argentina - Discusses

increasing blending mandate

to 12%

Brazil – Petrol prices may rise

this year

Market Roundup

Pharmaceutical Industry - India

Globally, India ranks 3rd in manufacturing pharmaceuticals

As developed nations battle the rising healthcare costs, global demand of

drugs to be fulfilled by developing nations

Needs to tighten its compliance procedures in the light of increasing global

enforcements

Praj Industries Limited, Q2 FY 14 Results 13

Gujarat, Rajasthan and Karnataka states have notified policies

for the promotion of textile industry

At the Central level, the Cabinet Committee on Economic Affairs (CCEA)

approved the continuation of the Scheme for Integrated Textile Parks in the

12th Five Year Plan, in Oct 2013.

Fertilizer industry in India to see investments in the coming year

Promoter

and

promoter

group

As of 30th September, 2013

Shareholding Pattern

Praj Industries Limited, Q2 FY 14 Results

group

33%

Institutions

14%

Non

institutions

53%

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Thank you..

Praj Industries Limited, Q2 FY 14 Results 15

Disclaimer

Certain statements in this presentation concerning our future growth prospects are forward-looking

statements, which involve a number of risks, and uncertainties that could cause actual results to

differ materially from those in such forward-looking statements.

The risks and uncertainties relating to these statements include, but are not limited to, risks and

uncertainties regarding fluctuations in earnings, our ability to manage growth, intense competition

in our industry of operations including those factors which may affect our cost advantage, wage

increases, our ability to attract and retain highly skilled professionals, cost overruns on

Praj Industries Limited, Q2 FY 14 Results

increases, our ability to attract and retain highly skilled professionals, cost overruns on

contracts, client concentration, our ability to manage our international operations, our ability to

successfully complete and integrate potential acquisitions, liability for damages on our contracts, the

success of the companies in which Praj Industries Ltd. has made strategic investments, withdrawal of

governmental fiscal incentives, political instability, legal restrictions on raising capital or acquiring

companies outside India, and unauthorized use of our intellectual property and general economic

conditions affecting our industry.

Praj Industries Ltd. may, from time to time, make additional written and oral forward-looking

statements, including our reports to shareholders. The company does not undertake to update any

forward-looking statement that may be made from time to time by or on behalf of the company.

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