Slide 1: Cover letter to stock exchanges on unaudited financial results
Cern Commitment, Reliability & Quality Dept. of Corporate Services - Corporate Relationship, National Stock Exchange ofIndia BSE Limited, Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Listing Department, Mumbai 400 023. Exchange Plaza, C-l, Block 'G' Bandra- Kurla Complex, Bandra (East), Mumbai
Slide 2: Investors Presentation December 2018
IWT Terminal, Haldia Bangalore Metro Investors Presentation December 2018Page 1
Slide 3: Contents
Contents Executive Summary Corporate Profile & Shareholding Structure Corporate Vision & Mission Corporate Structure Parent Profile Financial Performance Order Book Analysis Operations & Management Way Forward Page 2
Slide 4: 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 5: Company Profile & Shareholding Structure
Company Profile & Shareholding Structure Ownership Details: Italian-Thai Development Company Limited As on 31 December 2018 (“ITD”) acquired 80.4% from Skanska AB in 2004 and currently holds 46.64% in ITD Cem Promoters 46.64% Public 18.08%, Engage in the business areas of urban Infra/MRTS, marine
Slide 6: Vision & Mission
Vision & Mission • Our aim is satisfied client, a strong and Vision proactive workforce and a 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 7: Corporate Structure
Corporate Structure ITD Cementation India Limited Engage 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 8: 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 9: 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 in the past 15 years - a reflection of ITD Cem’s drive towards excelle
Slide 10: 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 11: Standalone Financials
Standalone Financials In Millions Yearly Quarterly Revenue from operation Revenue from operation 35,000 6,000 30,000 5,000 25,000 20,000 4,000 15,000 3,000 10,000 2,000 5,000 1,000 0 12M 0 FY14 FY15 FY16 FY17 Dec'17 Mar'18 Jun'18 Sept'18 Dec'18 Dec'18 Revenue 4,674 5,032 4,523 4,174 4,503 Revenue 13
Slide 12: Standalone Financials
Standalone Financials In Millions Yearly PAT & EPS Quarterly PAT & EPS 1,500 8.0 400 8.0 1,200 6.0 350 7.0 900 4.0 300 6.0 600 2.0 300 250 5.0 0 - 200 4.0 -300 (2.0) 150 3.0 -600 (4.0) 100 2.0 -900 (6.0) 50 1.0 12M 0 - FY14 FY15 FY16 FY17 Dec'18 Dec'17 Mar'18 Jun'18 Sept'18 Dec'18 PAT 194 -593 * 508
Slide 13: Consolidated Financials
Consolidated Financials 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 6,800 30,000 6,600 25,000 6,400 20,000 6,200 15,000 6,000 10,000 5,800 5,000 5,600 0 5,400 12M 5,20
Slide 14: Consolidated Financials
Consolidated Financials 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 1,500 8.0 400 6.0 1,200 6.0 350 900 5.0 4.0 300 600 2.0 4.0 300 250 0 - 200 3.0 -300 (2.0) 150 (4.0) 2.0 -600 100 -900 (6.0) 50 1.0
Slide 15: Consolidated Order Book
Consolidated Order Book In Millions Order book as at year end Order book as at quarter end 95,917 90,904 91,957 95,917 90,555 75,132 75,132 65,835 47,630 52,043 Dec'14 Dec'15 Dec'16 Dec'17 Dec'18 Dec'17 Mar-18 Jun-18 Sep-18 Dec-18 Page 14
Slide 16: Order Book Analysis
Order Book Analysis Page 15
Slide 17: Order Book: Sector Breakup
Order Book: Sector Breakup Rs. mn Order book of Rs. 95,917 mn as on December 31, 2018. No . Major ongoing projects included in the order book are : As on Dec’ 31, 2018 Size (Major) % Design and construction of underground section including 3 underground stations for Urban Infrastructure / MRTS 36,
Slide 18: Order Book: Sector Breakup
Order Book: Sector Breakup Rs. mn Project secured after 31st December not included in the order book: Execution of Civil Engineering Works for the underground construction of RCC Box Tunnel using diaphragm wall, H-Pile, plunge pile etc. and other allied works in connection with extension of Kolkat
Slide 19: Operations & Management
Operations & Management Page 18
Slide 20: Business Operations: Urban Infrastructure / MRTS / Airport
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 21: Urban Infrastructure / MRTS: Increasing Focus – contd..
Urban Infrastructure / MRTS: Increasing Focus – contd.. Kolkata Airport Delhi Metro Elevated Station Mumbai Underground Metro Project – Bangalore Metro Project Casting Yard Facilities, Wadala Page 20
Slide 22: Business Operations: 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 23: Marine: Market Leadership Position – contd..
Marine: Market Leadership Position – contd.. MbPT Oil berth LNG Terminal at Jaigarh Udangudi Power Project – Piling Work Mumbai Port Trust Project Page 22
Slide 24: Business Operations: Special Projects
Business Operations …(3) Special Projects: Market Leadership Position 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 / s
Slide 25: Special Projects: Market Leadership Position – contd..
Special Projects: Market Leadership Position – contd.. Secant Piling at Siddhivinayak Station Bangalore Metro Piling Work for Mumbai Underground Metro Project Ground Stabilisation work for Nuclear Power Corporation Piling & Civil Works for Gangtok Project Page 24
Slide 26: Business Operations: 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 27: Hydro / Dams / Tunnels / Irrigation - contd..
Hydro / Dams / Tunnels / Irrigation - contd.. Underground Kolkata Metro Project New Umtru H E Project New Hydro Dam Umtru Micro Tunneling at Kolkata Page 26
Slide 28: Business Operations: 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 29: Highways, bridges & flyovers: Major Player
Highways, bridges & flyovers: Major Player Elevated Road Noida PWD Delhi Pune Satara Road Project Elevated Road Noida Page 28
Slide 30: Business Operations: 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 31: Industrial
Industrial Paradip Refinery – Industrial Complex IIT Ropar, Industrial Building IHI Mundra Paradip Refinery – Industrial Complex Page 30
Slide 32: Business Operations: 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 33: Buildings
Buildings Haj Tower, Kolkata Delhi Metro Station, Magenta Line Bose Research Institute, Kolkata DP World Page 32
Slide 34: Business Operations: 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 35: Water and Waste Water: Increasing Focus
Water and Waste Water: Increasing Focus Bhama Askhed Water Supply Project Agartala WTP project Break pressure tank work in progress, Bhama, Pune Page 34
Slide 36: Recent Corporate Recognitions
Recent Corporate Recognitions "Best Metro Construction Project" for DMRC CC-32 from Construction Times National Safety Council of India – Safety Award JSW Appreciation of Port Construction Page 35
Slide 37: Way Forward
Way Forward Improved Shareholder Return Focus on reducing interest costs Improve on credit rating Exercise capital expenditure control Customer Perspective Focus on on-time completion of the projects Endeavour toward an injury free environment Continue to improve our quality and environm
Slide 38: Thank You
THANK YOU Page 37