CORPORATE PRESENTATION December 2017 1 Executive Summary Header - PowerPoint PPT Presentation

CORPORATE PRESENTATION December 2017 1

Executive Summary Header Goes Here • MEP Infrastructure Developers Ltd (MEP),an integrated road infrastructure developer, is one of the leading players Company Overview Company Overview for HAM,OMT and Toll Collection projects in India. • Founded in 2002 by current promoters Mr Dattatray Mhaiskar and Jayant Mhaiskar, MEP commenced operations with toll collection at five entry points to Mumbai for 6 years. • MEP further added a portfolio of various Toll collection &OMT projects to be executed over Short and Long term. The company has evolved into a road developer with the win of six HAM projects in 2016. Business Mix Operate Maintain Hybrid Annuity Model Build Operate Transfer Tolling Projects Transfer (OMT) (BOT) • 3 Long Term (LT) and (HAM) • Managing 3 OMT 2 Short Term (ST) • Awarded 6 HAM • 1 Long term BOT projects across India project with Toll Tolling projects under projects in Maharashtra • Covering 1,361 lane Revenues under management pan (4) and Gujarat (2) kms and 9 toll plazas • Worth INR 38,369.9 mn management India • Covering bridge, Ring • 143 Toll Plazas across covering 1,060 lane kms 6 states Road and 5 toll plazas • Two of the largest Toll collection contracts in the country- at the five Entry Points to Mumbai and at 124 entry Key Projects points to Delhi for a period of 16 and 5 years, until 2026 and 2022, respectively • OMT project in Andhra Pradesh located on NH 7 • Toll collection projects such as HRBC- Vidyasagar Setu in Kolkata • Six HAM projects (4 in Maharashtra and 2 in Gujarat) covering 1,060 lane kms Financials • Total Revenue from Operations* grown from INR 11,979 Mn in FY14 to INR 17,291 Mn in FY17; • Net Profit* grown from INR (1,292) Mn in FY14 to INR 1,089 Mn in FY17; • Cash Profit* grown from INR (256) Mn in FY14 to INR 2,062 Mn in FY17; * Prior to FY16 Financials are based on iGAAP and after FY16 financials are presented under Ind-AS 2

Company Profile Header Goes Here Leading and Diversified Player Revenue Mix – FY17 EPC,  MEP has evolved into an integrated road Infrastructure developer, having operations in 3.70% Toll collections & OMT projects together with its entry into construction with the win of six LT, 10.50% major Hybrid Annuity Model (HAM) projects.  The company has a successful track record of over 15 years of operational excellence having operated in 15 states across India.  The company has executed more than 133 projects over the years and has completed 119 OMT, projects including 221 toll plazas and 1,385 lanes ST, 37.50% 48.40%  MEP is backed by a strong promoter and professional management team.  MEP’s foray into road development / construction by participating in Hybrid Annuity Model road projects is through its Joint Venture with Sanjose India Infrastructure & Construction Pvt. Ltd. who are a reputed multinational infrastructure development company. Increasing focus on LT projects (INR Mn)  MEP has a strong workforce of 4,000 + employees possessing civil and technical competencies covering the entire value chain. 25,000 20,088 20,000 17,291 15,000 58% 10,801 Strong Relationship With Statutory And Government Authorities 63% 10,000 39% MUMBAI – JNPT PORT ROAD 5,000 42% COMPANY 61% 37% LIMITED 0 FY12 FY15 FY17 Short Term Long Term 3

Header Goes Here COMPANY OVERVIEW COMPANY OVERVIEW 4

Header Goes Here Key Milestones  Crossed INR 10,000 mn of  MEPIDL (in JV with Sanjose India) revenue in a single financial forayed into road development with year (FY 12) for the first time Hybrid Annuity model projects  Awarded the Mumbai Entry  Launched Electronic Toll Points Projects on OMT basis  Won 6 HAM projects in Maharashtra Collection at the Rajiv Gandhi for 16 years with an upfront and Gujarat in March-June 2016, Sea Link 2016 2017 payment of covering 1,060 lane-kms worth INR  Awarded two long term toll INR 21,000 mn 38,369.9 mn. Commenced EPC with collection projects and Nagpur projects  Awarded 5 years long term Hyderabad-Bangalore OMT project in Rajasthan by project RIDCOR and started toll  Bagged Rajiv collections through NHAI Gandhi sea Link across multiple states in India project for the 3 rd 2015 time in a row, Started collection of 2012 against upfront toll at the five entry payment of INR 2013-14  Listed on BSE and points to Mumbai for 6 2010 3250 mn NSE on 6 th May, years from December  Commenced EPC 2015 with an IPO of 2002 with Gujarat  Awarded a 3-year OMT INR 3,240 mn 2011 projects contract by MSRDC for  Awarded various 2009 Rajiv Gandhi Sea Link in  Bagged Toll & toll collection and Mumbai ECC collection toll maintenance 2002 Acquired BTPL BOT contract at 124  Awarded multiple OMT projects through project in Maharashtra Started collection of Entry points to projects and tolling consortium for INR 10.1 mn toll at the Rajiv Delhi for 5 years collection projects in Tamil Gandhi Sea Link toll Nadu, Andhra Pradesh plaza from July 2009 Sanjose India: Sanjose India Infrastructure & Construction Pvt. Ltd. and Maharashtra MSRDC – Maharashtra State Road Development Corporation Limited until February 2014 5

Diversified Project Portfolio and Geographical Presence Header Goes Here Current Portfolio Across Seven States In India Current Project Mix Long Short Location OMT Term Term HAM BOT Total Toll Toll Maharashtra 2 1 - 4 1 8 Tamil Nadu - - 1 - - 1 Delhi Gujarat - - - 2 - 2 Uttar Pradesh Uttar Pradesh - - 1 - - 1 West Bengal West Bengal - 1 - - - 1 Gujarat Andhra Pradesh 1 - - - - 1 Maharashtra Delhi 1 1 Total 3 3 2 6* 1 15 Toll Collection Short Term Andhra Toll Collection Long Term Pradesh Company’s ability to manage multiple projects across different locations OMT Projects Long Term provides a significant advantage to HAM Projects Long Term efficiently manage its growth and expansion BOT Projects Long Term Tamil Nadu MEPIDL – Sanjose India JV won 6 HAM projects in Maharashtra & Gujarat and achieved • financial closure for them. 6

Corporate Structure Header Goes Here MEP Infrastructure Developers Limited Long Term OMT Projects HAM Projects Other Subsidiaries / Associate BOT Projects Toll Collection Projects MIPL - MEP Infrastructure Arawali Kante MEP HS - MEP Highway Solutions Private RTBPL - Rideema Toll Bridge Private Limited (99.99%) RTPL - Rideema Toll MEPIDL – San Jose India JV Limited (100%) Private Limited (100%) (Mumbai Entry Points Private Limited MEPIDL’s stake – 74% Project) (Vidyasagar Setu Project) # KVM - KVM Technology Solutions Private (100%) Limited (33% ) ( Toll Management systems, Nagpur Package I MEP RGSL - MEP RGSL Toll Plaza Surveillance, Weight enforcement MEPIDL – San Jose India JV BTPL - Baramati Bridge Private Limited system for Public Funded Projects ) MEPIDL’s stake – 74% Tollways Private DEP – Delhi Entry Point (100%) (Rajiv Gandhi Sea Limited (99.99%) project (100%)* MTPL - MEP Tormato Private Limited (100%) Link Project) Nagpur Package II (BOT Project) MEPIDL – San Jose India JV (Baramati Project) MEP HB - MEP Hyderabad MICPL - MEP Infra Constructions Private MEPIDL’s stake – 74% Bangalore Toll Road Private Limited (100%) Limited (100%) MEP Infraprojects - MEP Infraprojects Kante Wakad (Hyderabad – Bangalore Private Limited (100%) MEPIDL – San Jose India JV Project) MEPIDL’s stake – 74% MEP Nagzari - MEP Nagzari Toll Road Private Limited (100%) Talaja Mahuva MEP RBPL – MEP Roads & Bridges Private MEPIDL – San Jose India JV Limited (100%) MEPIDL’s stake – 60% MTIPL - MEP Toll & Infrastructure Private Limited (100% ) Mahuva-Kgavadar MEPIDL – San Jose India JV MTRPL - Mhaiskar Toll Road Private Limited MEPIDL’s stake – 60% (100%) # Represents Associate The Delhi entry point project is housed into the Standalone entity-MEPIDL. • 7 The above structure represents our existing operative companies •