Kridhan Infra Limited Building Reliable Foundations for Tomorrow

Q3 & 9M FY15 Earnings Review

Private & Confidential

Kridhan Infra Limited

Safe Harbour

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This presentation contains forward-looking statements which may be identified by their use of words like “plans,” “expects,” “will,” “anticipates,” “believes,” “intends,” “projects,” “estimates” or other words of similar meaning. All statements that address expectations or projections about the future, including, but not limited to, statements about the strategy for growth, product development, market position, expenditures, and financial results, are forward-looking statements. Forward-looking statements are based on certain assumptions and expectations of future events. The companies referred to in this presentation cannot guarantee that these assumptions and expectations are accurate or will be realized. The actual results, performance or achievements, could thus differ materially from those projected in any such forward-looking statements. These companies assume no responsibility to publicly amend, modify or revise any forward looking statements, on the basis of any subsequent developments, information or events, or otherwise.

Kridhan Infra Limited

Index

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Key Highlights

Quarterly Performance

Order Book Analysis

Key Achievements

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Key Highlights

Kridhan Infra Limited

Key Highlights – 9M FY15

Revenue Rs. 462.23 Cr

EBIDTA Rs. 38.84 Cr

PAT Rs. 27.54 Cr

Order book Rs. 647.00 Cr

Senior People joined the team :

– SiangThongYeo – Chief Executive Officer, KH Foges Pte

– Mr R R Havaldar - President (Foundation Engineering)

– Mr Bala Narsihmah - General Manager

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Quarterly Performance

Kridhan Infra Limited

Consolidated Profit & Loss

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Particulars Q3 FY15 Q3 FY14 Y-o-Y Q2 FY15 Q-o-Q

Income from Operations 124.98 172.42 -28% 175.57 -29%

Other Operating Income - -

Total Income 124.98 172.42 -28% 175.57 -29%

Operating Expenses 83.486 144.55 -42% 157.60 -47%

Gross Profit 41.49 27.87 49% 17.97 131%

Staff Cost 6.57 8.19 -20% 5.33 23%

Other Expenses 5.00 2.84 76% 4.16 20%

Prov. For Doubtful Debts - - -

EBIDTA 29.92 16.84 78% 8.48 253%

Depreciation 14.18 4.91 189% 3.30 329%

Other Income 3.09 2.09 48% 9.41 -67%

EBIT 18.83 14.01 34% 14.59 29%

Interest 3.40 2.36 44% 2.89 18%

PBT 15.42 11.66 32% 11.70 32%

Tax 3.09 2.37 30% 1.15 169%

PAT 12.33 9.28 33% 10.55 17%

Minority Interest 1.15 1.03 12% 1.19 -4%

PAT after MI and Associates 11.19 8.26 35% 9.36 20%

• EBITDA margin in Q3 F15 is higher as many projects are in starting or completion stage. Variation in Quarterly margin is mainly on account of different stages of project. Margin are stable over a longer period of time.`

Kridhan Infra Limited

Consolidated Profit & Loss

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Particulars 9M FY15 9M FY14 Y-o-Y FY14

Income from Operations 462.23 475.50 -3% 679.87

Other Operating Income -

Total Income 462.23 475.50 -3% 679.87

Operating Expenses 381.6 391.2 -2% 556.45

Gross Profit 80.59 84.28 -4% 123.42

Staff Cost 18.52 24.52 -24% 34.65

Other Expenses 12.9 8.1 59% 14.76

Prov. For Doubtful Debts -

EBIDTA 49.15 51.62 -5% 74.01

Depreciation 21.00 13.91 51% 21.44

Other Income 13.60 16.35 -17% 7.96

EBIT 41.75 54.06 -23% 60.53

Interest 9.02 6.78 33% 9.97

PBT 32.74 47.28 -31% 50.55

Tax 5.19 7.00 -26% 5.64

PAT 27.54 40.28 -32% 44.91

Minority Interest 2.88 3.14 -8% 4.88

PAT after MI and Associates 24.66 37.14 -34% 40.03

• Increase in Depreciation & Interest in 9M FY15 is mainly on account of acquisition of PSL

Kridhan Infra Limited

Consolidated Revenue Break-up – Q3 FY15

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Rs Crore

As per Businesses As per Geographies

88%

12% 13%

87%

0% 0%

India Singapore Foundation & Engineering Steel Solution

Kridhan Infra Limited

Consolidated Revenue Break-up – 9M FY15

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Rs Crore

As per Businesses As per Geographies

93%

7% 8%

92%

0% 0%

India Singapore Foundation & Engineering Steel Solution

Kridhan Infra Limited

Consolidated Debt / Equity

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Rs Crore

Networth Total Debt

148.01

176.04

31 Mar 2014 31 Dec 2014

18.13 18.40

45.24

72.43

91.8

95.93

31 Mar 2014 31 Dec 2014

Acquistion Working Capital Long term

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Order Book Analysis

Kridhan Infra Limited

Order Book of Rs. 647 Cr as on Dec 31, 2014

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81%

19%

26%

74%

0% 0%

India Singapore

As per Businesses As per Geographies

Foundation & Engineering Steel Solution

Kridhan Infra Limited

Order Intake of Rs. 352 Cr in Q3 FY15

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91%

9%

20%

80%

India Singapore

As per Businesses As per Geographies

Foundation & Engineering Steel Solution

Kridhan Infra Limited

Key Orders Received in Q3 FY15

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No Name Type Country Value (Rs Cr)

1 JSW Steel Ltd. Foundation Engg India 42

2 Thomson Line Outram Park Foundation Engg Singapore 81

3 Choa Chu Kang Grove Foundation Engg Singapore 35

4 Woodland HDB Foundation Engg Singapore 75

5 Star HUB Aiyer Rajah Crescent Foundation Engg Singapore 19

6 Sembawang HDB Foundation Engg Singapore 60

7 Concord primary School - Choa Chu Kang Foundation Engg Singapore 10

8 Western Freight Corridor Steel Services India 20

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Key Achievements

Kridhan Infra Limited

Senior Professional joined the team

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Ravindra Havaldar, President –Foundation Engineering, KH FogesIndia • BE (Civil) with 42 years of rich experience in tendering, sales & marketing, project

planning & execution and contract management

• Worked with ITD Cementation since 1972 as head of specialist Foundation Engineering

Bala Narasimhan, GM, KH FogesIndia • Post graduate in Construction Management from National Institute of Construction Mgmt

& Research, Pune

• Worked with ITD Cementation since 1994, heading operations in southern region, extensive knowledge of all types of piling and civil works

Siang Thong Yeo–Chief Executive Officer, KH Foges Pte • Registered Professional Engineer and holds an Honours Degree in Civil Engineering

and Masters of Science (Civil Engineering) from NUS Singapore

• More than 20 years of experience in the construction industry and led large construction groups and projects in Singapore

• Worked with Chip Eng Seng as Managing Director of Construction Division

Kridhan Infra Limited

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For further information, please contact:

Company : Investor Relations Advisors :

Kridhan Infra Limited CIN: U65993TN1987PLC014964

Mr. Arnab Ghosh, CFO Arnab.ghosh@kridhan.com www.kridhan.com

Stellar IR Advisors Pvt. Ltd. CIN: U74900MH2014PTC259212

Ms. Savli Mangle msavli@stellar-ir.com www.stellar-ir.com