Slide 1: Exchange cover letter for Q3 FY23 results presentation
Cem ITD Cementation India Limited Commitment, Reliability & Quality Dept. of Corporate Services – Corporate Relationship, National Stock Exchange of India BSE Limited, Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Listing Department, Mumbai 400 001. Exchange Plaza, C-1, Block ‘G’ Bandra-Kurla Co
Slide 2: ITD Cementation India Limited Investor Presentation Q3 FY23 / 9M FY23
Udangudi approach trestle marine works in Tamil Nadu ITD Cementation India Limited Investor Presentation Q3 FY23 / 9M FY23 Kolkata underground metro in West Bengal Cem Commitment, Reliability, Quality Mumbai Metro underground tunnel in Maharashtra 1
Slide 3: Forward-Looking Statements (Disclaimer)
FORWARD-LOOKING STATEMENTS (DISCLAIMER) This Presentation is for general information only and may contain statements about expected future events and financial and operating results of ITD Cementation India Limited, which could be forward-looking. By their nature, forward-looking statements require
Slide 4: Overview – Nine Decades of Sustainable Presence in India
OVERVIEW – NINE DECADES OF SUSTAINABLE PRESENCE IN INDIA EXPERIENCED ORDERBOOK PRESENCE EMPLOYEE BASE CREDIT RATING PROMOTERS PAN INDIA ICRA A and CARE A 46.64% Rs 211,870 OVER 6,000 (14 STATES & 2 UT) (ITD Cementation (including contractual ‘STABLE’ 1 INTERNATIONAL India Limited) MILLION employees)
Slide 5: Vision & Mission
VISION & MISSION VISION MISSION Our aim is a satisfied To make ITD Cementation client, a strong and India Limited, the proactive workforce and country’s leading quality product finished construction Company in on time maintaining customer choice, quality highest safety standard and safety and to bud
Slide 6: History
HISTORY 1978: 1996-98: 2000-01: 2004-05: 1994: 1931-78: Branch office was Cemindia Company Kvaerner ASA acquired Skanska AB acquired ITD, acquired Skanska AB interest in Skanska converted into India Trafalgar House Plc in Kvaerner Construction The Cementation subsidiary (named as Limited renamed as
Slide 7: ITD – Strong MNC Parentage
ITD – STRONG MNC PARENTAGE Amongst the leading Infrastructure & largest construction company in Thailand for over 60 years. Received ‘The Royal Seal of Garuda’ in 1985 - Highest and most honorable achievement for civilian Co’s in Thailand Total works in Hand : ~Rs. 744,101 million (Constructio
Slide 8: Corporate Structure
CORPORATE STRUCTURE ITD Cementation India Limited 100% 80% 40% 95% 51% 49% 60% ITD Cementation ITD ITD - ITD Cem JV ITD - ITD Cem JV ITD Cem - Maytas CEC - ITD Cem Projects India Ltd CemIndia JV (Consortium of ITD ITD Cem - BBJ JV Consortium - TPL JV - ITD Cementation) Design & Construction of Desig
Slide 9: Shareholding Pattern (December 31, 2022)
SHAREHOLDING PATTERN (December 31, 2022) Bodies Corporate, 6.7% Market Cap of ~Rs 17,900 million as on February 08, 2023 Promoter, Individual, 46.6% Listed in BSE and NSE 27.7% FII, 13.3% Strong institutional shareholding of ~19% i.e. FII’s and Mutual Funds Mutual Funds, 5.6% Amongst few constructio
Slide 10: Board of Directors
BOARD OF DIRECTORS Chairman Executive Vice Chairman Managing Director MR. PIYACHAI KARNASUTA MR. SANTI JONGKONGKA MR. JAYANTA BASU Independent Director Independent Director Independent Director MR. SUNIL SHAH SINGH MS. JANA CHATRA MR. PANKAJ I.C.JAIN Cem Commitment, Reliability, Quality 9
Slide 11: Performance Highlights – Q3 FY23
PERFORMANCE HIGHLIGHTS – Q3 FY23 REVENUE EBITDA PAT 33% 36% 37% Rs 13,270 million Rs 1,176 million Rs 369 million ORDER WINS Contract Value New orders secured during the quarter (Rs million) West Container Terminal in the Port of Colombo, Sri Lanka 7,507 Rs 8,334 Others 827 million in Q3 FY23 Total
Slide 12: Performance Highlights – 9M FY23
PERFORMANCE HIGHLIGHTS – 9M FY23 REVENUE EBITDA PAT 31% 29% 65% Rs 34,594 million Rs 3,154 million Rs 870 million Contract New orders secured during the year (i.e. April to December 2022) Value ORDER WINS (Rs million) Six laning road project in Uttar Pradesh 48,500 Wharf and Approach Works at Jawaha
Slide 13: Standalone Financials
STANDALONE FINANCIALS (All figures in Rs million) Revenue from Operations (Yearly) Revenue from Operations (Quarterly) 35,000 32,495 14,000 11,918 30,000 12,000 10,108 9,650 22,835 10,000 9,380 25,000 21,420 22,083 8,500 20,000 18,729 8,000 15,000 6,000 10,000 4,000 5,000 2,000 0 0 Dec'21 Mar'22 Jun
Slide 14: Standalone Financials
STANDALONE FINANCIALS (All figures in Rs million) Profit After Tax (Yearly) Profit After Tax (Quarterly) 900 819 400 366 800 728 350 688 301 700 300 600 250 500 432 197 197 200 164 400 150 300 158 100 200 50 100 0 0 Dec'21 Mar'22 June'22 Sep'22 Dec'22 Dec'17 Mar'19 (15M) Mar'20 Mar'21 Mar'22 Networt
Slide 15: Consolidated Financials
CONSOLIDATED FINANCIALS (All figures in Rs million) Revenue from Operations (Yearly) Revenue from Operations (Quarterly) 40,000 38,090 14,000 13,270 11,738 35,000 31,651 12,000 10,978 28,607 9,982 10,347 30,000 27,277 10,000 25,000 20,605 8,000 20,000 6,000 15,000 10,000 4,000 5,000 2,000 0 0 Dec'17
Slide 16: Consolidated Financials
CONSOLIDATED FINANCIALS (All figures in Rs million) Profit After Tax (Yearly) Profit After Tax (Quarterly) 900 832 400 369 800 729 350 302 693 700 300 600 250 198 200 500 438 200 165 400 150 300 100 200 160 50 100 0 0 Dec'21 Mar'22 June'22 Sep'22 Dec'22 Dec'17 Mar'19 (15M) Mar'20 Mar'21 Mar'22 Netwo
Slide 17: Order Book Analysis
ORDER BOOK ANALYSIS (All figures in Rs million) 2,50,000 2,11,870 2,00,000 1,55,478 1,50,000 1,17,431 1,17,323 99,925 1,00,000 50,000 0 Mar'19 Mar'20 Mar'21 Mar'22 Dec'22 • Diversified order book of Rs 211,870 million provides multi year revenue visibility • Secured orders worth ~Rs 79,960 million i
Slide 18: Order Book Break-up as on December 31, 2022
ORDER BOOK BREAK-UP AS ON DECEMBER 31, 2022 (All figures in Rs million) Contract Value % Project Name (Rs million) Order book Urban Infrastructure, MRTS and Airports 63,700 30.1% Highway, Bridges and Flyovers 48,472 22.9% Maritime Structures 47,970 22.6% Industrial Structures and Buildings 20,080 9.
Slide 19: Urban Infrastructure, MRTS and Airports
URBAN INFRASTRUCTURE, MRTS AND AIRPORTS Bengaluru underground metro casting yard in Karnataka ORDER BOOK Rs 63,700 million Metro Rail Airports Kolkata elevated metro project in West Bengal Underground tunneling and Construction of new terminal stations for metros in Chennai, building in Trichy a
Slide 20: Highways, Bridges and Flyovers
HIGHWAYS, BRIDGES AND FLYOVERS Steel `bridge over river Ganga in Uttar Pradesh ORDER BOOK Rs 48,472 million MAJOR PROJECTS UNDER EXECUTION Six Laning road project in Uttar Pradesh Steel Bridge over river Ganga in Uttar Pradesh Cem Commitment, Reliability, Quality 19
Slide 21: Maritime Structures
MARITIME STRUCTURES Pamban bridge in Tamil Nadu ORDER BOOK Rs 47,970 million International container terminal in Yangon, Myanmar MAJOR PROJECTS UNDER EXECUTION Piers, Landside Tunnels & Building in West Container Terminal in the Karwar, Karnataka Port of Colombo, Sri Lanka Udangudi Supercritic
Slide 22: Industrial Structure and Buildings
INDUSTRIAL STRUCTURE AND BUILDINGS Paradip refinery in Odisha ORDER BOOK Rs 20,080 million Circuit bench of Calcutta High Court in West Bengal MAJOR PROJECTS UNDER EXECUTION Redevelopment of Residential colony Circuit bench of Calcutta High at Kasturba Nagar in New Delhi Court at Jalpaiguri in W
Slide 23: Hydro, Dams, Tunnels and Irrigation
HYDRO, DAMS, TUNNELS AND IRRIGATION Sivok Rangpo railway tunnel in Sikkim and West Bengal ORDER BOOK Rs 16,095 million Mumbai metro underground tunneling in Maharashtra MAJOR PROJECTS UNDER EXECUTION Railway tunnels in West Bengal Micro tunneling for Ahmedabad and Sikkim Municipal Corporation in
Slide 24: Water and Waste Water | Foundation & Specialist Engineering
WATER AND WASTE WATER | FOUNDATION & SPECIALIST ENGINEERING Bhama Askhed water project in Maharashtra WATER AND WASTE WATER Rs 7,548 million Piling work at Barmer project in Rajasthan FOUNDATION AND SPECIALIST ENGINEERING Rs 8,005 million WATER AND WASTE WATER FOUNDATION AND SPECIALIST ENGINEERING
Slide 25: Key Investment Highlights
KEY INVESTMENT HIGHLIGHTS Experienced Promoters backed by professional management team Robust orderbook of Rs 211,870 million – Multi year revenue visibility Diversified order book to minimize risks from slowdown in any business areas Summary Conservatively financed with Net Debt:Equity of 0.39x - P
Slide 26: Thank You
Thank You Cem Commitment, Reliability, Quality 25