Slide 1: ITD Cementation India Limited Investor Presentation August 2022
Udangudi Super critical thermal power project in Tamil Nadu ITD Cementation India Limited Investor Presentation August 2022 Nagpur Maha Metro cantilever bridge in Maharashtra Cem Commitment, Reliability, Quality Trichy airport in Tamil Nadu 1
Slide 2: 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 3: 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 206,406 OVER 6,000 (14 STATES & 1 UT) (ITD Cementation (including contractual ‘STABLE’ 1 INTERNATIONAL India Limited) MILLION employees)
Slide 4: 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 5: 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 6: 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 860,850 million (Construction
Slide 7: 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) Integrated Design & passenger
Slide 8: Shareholding Pattern (June 30, 2022)
SHAREHOLDING PATTERN (June 30, 2022) Bodies Corporate, 2.70% Market Cap of over Rs 14,000 million as on August 12, 2022 Individual, 27.90% Promoter, 46.64% Listed on both exchanges i.e. BSE and NSE Mutual Funds, 12.30% FII, Strong institutional shareholding of ~23% 10.50% i.e. FII’s and Mutual Funds
Slide 9: 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 MS. RAMOLA MAHAJANI MR. SUNIL SHAH SINGH MR. PANKAJ I.C.JAIN Cem Commitment, Reliability, Quality 9
Slide 10: Performance Highlights – Q1 FY23
PERFORMANCE HIGHLIGHTS – Q1 FY23 REVENUE EBITDA PAT 33% 19% 68% Rs 10,978 million Rs 1,011 million Rs 302 million Contract Value ORDER WINS New orders secured during the quarter (Rs million) Six laning road project in Uttar Pradesh 48,500 Rs 60,820 Wharf and Approach Trestle Works at Jawaharlal Nehr
Slide 11: Standalone Financials
STANDALONE FINANCIALS (All figures in Rs million) Revenue from Operations (Yearly) Revenue from Operations (Quarterly) 35,000 32,495 12,000 10,108 9,650 30,000 10,000 8,500 25,000 22,835 21,420 22,083 7,132 8,000 6,755 20,000 18,729 6,000 15,000 4,000 10,000 2,000 5,000 0 0 June'21 Sep'21 Dec'21 Mar
Slide 12: Standalone Financials
STANDALONE FINANCIALS (All figures in Rs million) Profit After Tax (Yearly) Profit After Tax (Quarterly) 900 819 350 301 800 728 300 688 700 250 600 197 200 179 164 500 432 149 400 150 300 100 200 158 50 100 0 0 June'21 Sep'21 Dec'21 Mar'22 June'22 Dec'17 Mar'19 (15M) Mar'20 Mar'21 Mar'22 Networth (
Slide 13: Consolidated Financials
CONSOLIDATED FINANCIALS (All figures in Rs million) Revenue from Operations (Yearly) Revenue from Operations (Quarterly) 40,000 38,090 14,000 11,738 35,000 31,651 12,000 10,978 28,607 27,277 9,982 30,000 10,000 8,255 8,115 25,000 20,605 8,000 20,000 6,000 15,000 10,000 4,000 5,000 2,000 0 0 Dec'17 M
Slide 14: Consolidated Financials
CONSOLIDATED FINANCIALS (All figures in Rs million) Profit After Tax (Yearly) Profit After Tax (Quarterly) 900 832 350 302 800 729 300 693 700 250 600 198 200 180 165 500 438 150 400 150 300 100 200 160 50 100 0 0 June'21 Sep'21 Dec'21 Mar'22 June'22 Dec'17 Mar'19 (15M) Mar'20 Mar'21 Mar'22 Networth
Slide 15: Order Book Analysis
ORDER BOOK ANALYSIS (All figures in Rs million) 2,50,000 2,06,406 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 June'22 • Diversified order book of Rs 206,406 million provides multi year revenue visibility • Secured orders worth ~Rs 60,820 million
Slide 16: Order Book Analysis – Break-up
ORDER BOOK ANALYSIS (All figures in Rs million) Break-up of Order Book Client wise Break-up Contract Value % Project Name (Rs million) Order book Urban Infrastructure, MRTS and Airports 68,698 33.3% Highway, Bridges and Flyovers 49,660 24.1% Private Government Maritime Structures 42,236 20.5% 34.0%
Slide 17: Urban Infrastructure, MRTS and Airports
URBAN INFRASTRUCTURE, MRTS AND AIRPORTS Bengaluru underground metro casting yard in Karnataka ORDER BOOK Rs 68,698 million Metro Rail Airports Pune airport in Maharashtra Underground tunneling and stations Construction of new terminal for metros in Chennai, Bengaluru, building in Trichy airport,
Slide 18: Highways, Bridges and Flyovers
HIGHWAYS, BRIDGES AND FLYOVERS Ganga Steel Bridge project in Uttar Pradesh ORDER BOOK Rs 49,660 million MAJOR PROJECTS UNDER EXECUTION Six Laning road project in Uttar Pradesh Steel Bridge over river Ganga in Uttar Pradesh Cem Commitment, Reliability, Quality 18
Slide 19: Maritime Structures
MARITIME STRUCTURES Container Terminal in Myanmar ORDER BOOK Rs 42,236 million Rubble Mound Breakwater in Vizhinjam port in Kerala MAJOR PROJECTS UNDER EXECUTION Piers, Landside Tunnels & Building in Bulk Berth & Approach Trestle at Karwar, Karnataka Chhara Port in Gujarat Udangudi Supercritic
Slide 20: Industrial Structure and Buildings
INDUSTRIAL STRUCTURE AND BUILDINGS Paradip refinery in Odisha ORDER BOOK Rs 17,447 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 21: Hydro, Dams, Tunnels and Irrigation
HYDRO, DAMS, TUNNELS AND IRRIGATION Sivok Rangpo railway tunnel in Sikkim and West Bengal ORDER BOOK Rs 15,581 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 22: 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 8,179 million Piling work at Barmer project in Rajasthan FOUNDATION AND SPECIALIST ENGINEERING Rs 4,605 million WATER AND WASTE WATER FOUNDATION AND SPECIALIST ENGINEERING
Slide 23: Key Investment Highlights
KEY INVESTMENT HIGHLIGHTS Experienced Promoters backed by professional management team Robust orderbook of Rs 206,406 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 0.29x - P
Slide 24: Thank You
Thank You Cem Commitment, Reliability, Quality 24