Cemindia Projects Ltd · NSE:CEMPRO
Cemindia Projects — ITD Cementation India — Investor Presentation (December 2019)
36 slides from Cemindia Projects's investor presentation, December 2019
Slide 1: Investors Presentation December 2019
Bangalore Metro Construction of Permanent Piles by Jack up RK Puram Station Construction at Udangudi Project Investors Presentation December 2019 Page 1
Slide 2: Contents
Contents Executive Summary Corporate Profile & Shareholding Structure Corporate Vision & Mission Corporate Structure Parent Profile Financial Performance Order Book Analysis Operations & Management Page 2
Slide 3: Executive Summary
Executive Summary NAME ITD Cementation India Limited (“ITD Cem”) INDUSTRY GROUP Infrastructure BUSINESS AREAS Urban Infra/MRTS, Marine structures, Hydro/Tunnels/Irrigation projects, Airports, Highways/Bridges & Flyovers, Water & waste water, Industrial structures/Buildings, Specialist foundation eng
Slide 4: Company Profile & Shareholding Structure
Company Profile & Shareholding Structure Ownership Details: Italian-Thai Development Company Limited As on 31 December 2019 (“ITD”), the Promoter of the Company, holds 46.64% in ITD Cem. Public 19.93%, Promoters 46.64% Engaged in the business areas of Urban Infra/MRTS, Marine Bodies Structures, Hy
Slide 5: Vision & Mission
Vision & Mission • Our aim is a satisfied client, a strong and Vision proactive workforce and quality product finished on time and to budget • To make ITD Cem the country’s leading Mission construction Company in customer choice, quality and safety Page 5
Slide 6: Corporate Structure
Corporate Structure ITD Cementation India Limited Engaged in projects of urban Infra/MRTS, marine structures, hydro / tunnel / irrigation projects, airports, highways / bridges & flyovers, water & waste water segment, industrial structures/buildings and specialist foundation engineering projects 100
Slide 7: Joint Ventures
Joint Ventures ITD-ITDCem JV ITD Cem (Consortium ITD CEC-ITD ITD-ITDCem JV Maytas of ITD-ITD Cemindia JV Cem-TPL JV Consortium Cementation) Shareholders ITD Cem – 49% ITD Cem – 40% ITD Cem – 95% ITD Cem – 80% CEC – 40% ITD ITD (Thailand) – 51% ITD (Thailand) – 60% Maytas–5% ITD (Thailand) – Cem – 40
Slide 8: Industry Position
Industry Position Leadership position in marine construction, foundation and specialist works and significant presence in MRTS, Hydro / Dams / Tunnels / Irrigation and transportation segments Several quality and safety awards - a reflection of ITD Cem’s drive towards excellence One of the few
Slide 9: International Parent Strength
International Parent Strength Italian-Thai Development Company Limited is the largest construction company in Thailand and one of the largest in South East Asia Listed on the stock exchange of Thailand in 1994 with an initial capital base of Baht 2 million In 1985, ITD received the Royal Seal
Slide 10: Standalone Financials
Standalone Financials INR in Millions Yearly Quarterly Revenue from operation Revenue from operation 35,000 5,600 30,000 5,400 25,000 5,200 20,000 5,000 15,000 4,800 10,000 4,600 5,000 4,400 0 4,200 15M 4,000 FY14 FY15 FY16 FY17 Dec'18 Mar'19 Jun'19 Sept'19 Dec'19 Mar'19 Revenue 4,543 4,561 5,380 5,
Slide 11: Standalone Financials
Standalone Financials INR in Millions Yearly PAT & EPS Quarterly PAT & EPS 900 6.0 400 250.0% 5.0 300 200.0% 600 4.0 3.0 200 150.0% 300 2.0 100.0% 0 1.0 100 50.0% - 0 0.0% -300 (1.0) (2.0) -100 -50.0% -600 (3.0) -100.0% (4.0) -200 -150.0% -900 (5.0) -300 -200.0% 15M -400 -250.0% FY14 FY15 FY16 FY17
Slide 12: Consolidated Financials
Consolidated Financials INR in Millions (Figures for the years 2014 and 2015 are as per IGAAP and year 2016 onwards are as per Ind AS) Yearly Quarterly Revenue from operation Revenue from operation 35,000 30,000 8,000 25,000 6,000 20,000 15,000 4,000 10,000 5,000 2,000 0 15M 0 FY14 FY15 FY16 FY17 Ma
Slide 13: Consolidated Financials
Consolidated Financials INR in Millions (Figures for the years 2014 and 2015 are as per IGAAP and year 2016 onwards are as per Ind AS) Yearly PAT & EPS Quarterly PAT & EPS 900 6.0 400 250.0% 5.0 200.0% 600 4.0 300 3.0 200 150.0% 300 2.0 100.0% 0 1.0 100 50.0% - 0 0.0% -300 (1.0) (2.0) -100 -50.0% -6
Slide 14: Consolidated Order Book
Consolidated Order Book INR in Millions Order book as at year end Order book as at qtr. end 126,601 99,925 110,453 95,917 99,925 101,550 75,132 65,835 47,630 52,043 Dec'14 Dec'15 Dec'16 Dec'17 15M Mar'19 Dec'18 Mar'19 Jun'19 Sept'19 Dec'19 Page 14
Slide 15: Order Book Analysis
Order Book Analysis Page 15
Slide 16: Order Book: Sector Breakup
Order Book: Sector Breakup INR in Millions Order book of INR 126,601 million as on December 31, 2019. No . Major ongoing projects included in the order book are : As on Dec’ 31, 2019 Size (Major) % Design and construction of underground section including 3 underground stations for Mumbai Metro wor
Slide 17: Order Book: Sector Breakup
Order Book: Sector Breakup Rs. mn Major Projects secured during qtr. December 2019: Design & construction of underground TBM method tunnels & stations of length 4.591 Km (approx.) in Reach-6 line for Bangalore Metro Rail Project worth INR 17,713 million Container Terminal, Yangon, Myanmar from A
Slide 18: Operations & Management
Operations & Management Page 18
Slide 19: Business Operations
Business Operations Urban Infrastructure / MRTS / Airport: Increasing Focus Scope: Construction of Mass Rapid Transport Systems and Airports (integrated passenger terminals and allied services) Key Projects Executed: Under ground Tunnels, Viaduct, Stations and Track works for Delhi Metro, Kolk
Slide 20: Urban Infrastructure / MRTS: Increasing Focus – contd..
Urban Infrastructure / MRTS: Increasing Focus – contd.. Bangalore Metro Segment Erection Nagpur Metro Project Page 20
Slide 21: Business Operations …(2) Marine
Business Operations …(2) Marine: Market Leadership Position Scope: EPC services for marine structures including : Construction of jetties, dolphins and service platforms, quay, berths on concrete and steel piles as well as sold gravity type wharf structures Construction of Construction of ship
Slide 22: Marine: Market Leadership Position – contd..
Marine: Market Leadership Position – contd.. Jetty under Construction, Andaman Udangudi Project Page 22
Slide 23: Business Operations …(3) Special Projects
Business Operations …(3) Special Projects: Scope: Foundation and specialist works Services offered include geotechnical investigations, piling, diaphragm walling, sandwicks / band drains, vibrofloatation stone columns / vibro compaction, drilling and grouting, rock / soil anchors, colcrete, guni
Slide 24: Special Projects: contd..
Special Projects: contd.. Precast Piling at Kandla Ground Improvement Nuclear Power Project Page 24
Slide 25: Business Operations …(4) Hydro / Dams / Tunnels / Irrigation
Business Operations …(4) Hydro / Dams / Tunnels / Irrigation Scope: Construction of concrete, earth fill and rock fill dams and tunnels Key Projects Executed: Completed projects like constructing pumping stations, power houses, tunnels, intake structures, headrace tunnels, pressure shafts and
Slide 26: Hydro / Dams / Tunnels / Irrigation - contd..
Hydro / Dams / Tunnels / Irrigation - contd.. Water & Irrigation Project for Govt . of Maharashtra Irrigation Tunnel for Telangana Government Page 26
Slide 27: Business Operations …(5) Highways, bridges & flyovers
Business Operations …(5) Highways, bridges & flyovers: Major Player Scope: Construction of roads, bridges and flyovers Key Projects Executed: Completed road projects in Maharashtra, Madhya Pradesh, Andhra Pradesh and Tamil Nadu for NHAI Elevated Road for Noida and PWD Delhi Ghaziabad ROB
Slide 28: Highways, bridges & flyovers
Highways, bridges & flyovers: Bangalore Project Pune Satara Road Project Page 28
Slide 29: Business Operations …(6) Industrial
Business Operations …(6) Industrial Scope: Construction of civil structures for refineries, petrochemicals, power, steel and fertilizer plants Potential for high growth Key Projects Executed: Plant building and offsite facilities at Unchahar for NTPC Piling and civil works for IFFCO at Aon
Slide 30: Industrial
Industrial Trichy Airport Modernisation Nagpur Metro Station – Under Construction Page 30
Slide 31: Business Operations …(6) Buildings
Business Operations …(6) Buildings Scope: Construction of civil structures for Academics Institutes, Residential, Complexes etc Potential for high growth Key Project executed: Haj Tower, Kolkata Construction of Super Structure (G+15) for Unified Academic Campus of Bose Institute, Salt Lake
Slide 32: Buildings
Buildings IIT, Ropar Secretariat Building, Gangtok Page 32
Slide 33: Business Operations …(7) Water and Waste Water
Business Operations …(7) Water and Waste Water: Increasing Focus Scope: Recently diversified into water and waste water segment undertaking projects for water transmission and treatment plants Potential for high growth Key Projects Executed: Limited presence in the segment and increasing focus
Slide 34: Water and Waste Water
Water and Waste Water: Bhama Askhed Water Supply Project Palta Water Works - WTP Irrigation Work in progress, Bhama, Pune Page 34
Slide 35: Way Forward
Way Forward Business Perspective / Alignment to Government’s Initiatives in the Field of National Infrastructure Pipeline Focus on core competency of the Company – Marine, MRTS-Underground & specialized projects Focus on Infrastructure opportunities announced by Government in NIP - EPC /Item rat
Slide 36: THANK YOU
THANK YOU Page 36
ITD Cementation India — Investor Presentation (December 2019) on 6ix