Atlantaa

- Atlanta Limited is currently adequately funded to take on one more hybrid annuity project without raising additional capital. - The company has roughly Rs. 300 crores of surplus cash after paying taxes and retiring debts. - For projects valued up to Rs. 10 to 15 billion, no fundraising is expected. - Beyond Rs. 10 to 15 billion in project size, the company may consider raising equity capital. - The standalone entity is expected to become debt free by June 2018. - Subsidiaries are also likely to become debt free during the next financial year. - There is no immediate need to raise funds post the receipt of arbitration awards and receivables. - Future funding needs will depend on project sizes and bidding opportunities.

- Atlanta Limited is currently adequately funded for taking on one more hybrid annuity project with roughly Rs. 300 crores of surplus cash after paying taxes and retiring debts. - No immediate capital raising is needed for projects up to Rs. 10-15 billion; beyond that, they may consider raising equity. - The company focuses on bidding EPC projects in the Rs. 500 crores to Rs. 1,500 crores range and is actively gearing up to bid Rs. 130 billion worth of EPC projects. - Real estate development continues with Phase-II of Atlanta Enclave (cost ~Rs. 3.5 billion) expected to complete by 2020, a new project in Jodhpur (200+ units under progress), and an affordable housing project in Kandivali with 1.5 lakh sq ft developable FSI. - Post receivables realization and debt retirement, the company plans to deploy surplus funds towards growth investments, particularly in hybrid annuity projects. - The group plans to continue strategic real estate development on land parcels near highway projects.

- Atlanta Limited is gearing up to bid around Rs. 130 billion worth of EPC projects, focusing on adding Rs. 10 billion of EPC work before the fiscal year ends. - Prequalified to bid for projects worth over Rs. 14 billion independently; bidding typically ranges between Rs. 500 crore to Rs. 1,500 crore. - Expected to realize balance arbitration awards of Rs. 11 billion within the next two fiscal years, improving revenue and cash flow. - Real estate development includes Phase-II of Atlanta Enclave near Thane with ~800 units for sale, expected completion by December 2020. - Additional real estate projects include over 200 units in Jodhpur (under progress, sales realization expected by FY2020) and affordable housing projects in Kandivali. - Over 85%-90% of revenue expected to continue from road projects, with real estate providing supplementary income. - Debt-free status targeted by June 2018 to enable funding for one more hybrid annuity project without raising capital.

- Atlanta Limited is focused on bidding for EPC projects worth around Rs. 130 billion, targeting to add about Rs. 10 billion EPC work value by the end of FY18. - The company is pre-qualified to bid projects worth over Rs. 14 billion independently, with typical project sizes between Rs. 500 crore to Rs. 1,500 crore. - Expected strong EBITDA margins: approx. 20% in EPC projects and 25-30% in real estate. - Arbitration awards totaling Rs. 14 billion, with Rs. 4 billion already received; balance Rs. 11 billion expected over the next two fiscal years, boosting cash flow. - Debt elimination plan to be completed by June 2018, potentially improving profitability due to lower interest costs. - Real estate Phase-II project (800 units near Thane) and Jodhpur project (200 units) expected to generate sales over 2-3 years. - Standalone entity EBITDA margin has improved to 69% in Q2 FY18 with EPS at Rs. 2.6, indicating growing profitability trends.

- Atlanta Limited's standalone EPC order book stood at Rs. 3.5 billion as of September 30, 2017. - The company is gearing up to bid for around Rs. 130 billion worth of EPC projects. - Atlanta is prequalified to bid on individual projects worth over Rs. 14 billion. - The focus is to add about Rs. 10 billion in EPC order book before the fiscal year-end. - Presently, Atlanta Limited has no hybrid annuity contracts directly; hybrid annuity projects are handled by subsidiaries/SPVs, which have completed their projects and are in toll collection phase. - Future bidding projects typically range from Rs. 5 billion to Rs. 15 billion, sometimes pursued via joint ventures. - Subsidiaries’ existing projects (Nagpur-Kondhali and Ropar-Doraha) have completed construction and are operational, with no pending construction orders. - Atlanta Limited continues to actively pursue pipeline projects in highways and real estate, including ongoing real estate phases and upcoming new bids in Bharatmala and other government projects.