Indian Telephone Industries Limited · NSE:ITI
Indian Telephone Industries — ITI — IPO Roadshow (January 2019)
32 slides from Indian Telephone Industries's IPO roadshow presentation, January 2019
Slide 1: ITI Limited Investor Presentation
ITI Limited INVESTOR PRESENTATION January 2019
Slide 2: Disclaimer
Disclaimer ITI Limited is proposing, subject to receipt of requisite approvals, market conditions and other considerations, to make a further public offer of its equity shares and has filed a draft red herring prospectus dated September 27, 2018 (“DRHP”) with the Securities and Exchange Board of Ind
Slide 3: Presentation Path
Presentation Path Brief Overview of ITI Ltd Key Business Highlights Business Strategies Annexures 3
Slide 4: Brief Overview of ITI Ltd
Gyr Brief Overview of ITI Ltd
Slide 5: ITI Limited – Evolving from a Telecom Equipment Manufacturer to a Telecom Technology Company
ITI Limited – Evolving from a Telecom Equipment Manufacturer to a Telecom Technology Company Business Overview Summary Consolidated (IND AS) Financials (INR Crs) ITI Ltd is a PSU under Dept. of Telecommunications (DoT) offering diverse suite of products & services across various industry segments
Slide 6: Key Events and Milestones
Key Events and Milestones 1948 GoI establishes a departmental factory that later became ITI Ltd 1950 ITI was incorporated as a private limited company on January 25, 1950. 2000 Turnkey project for 100,000 lines of GSM cellular mobile equipment for MTNL, Mumbai 2001 Supply of MLLN equipment and suppl
Slide 7: Key Events and Milestones
Key Events and Milestones 2011 Commenced solar project in various districts in Uttar Pradesh for the UP police 2012 Project for solar voltaic power systems for BTS sites for BSNL 2013 MoU with TSSC for special focus on skill development in the telecom industry 7 Commenced execution of a project fo
Slide 8: Key Business Highlights
Key Business Highlights ————
Slide 9: Diverse Range of Products & Services
Diverse Range of Products & Services Optical and Data Network Products Defence Communication & Security and Services and Passive Infrastructure IT Products and Services Internet of Things (IoT) Encryption Products & Services Products Communication network projects for End to end portfolio of optical
Slide 10: Diversified suite of manufactured and traded products
Diversified suite of manufactured and traded products Electronic Products Manufactured at ITI Traded Electronic & Communication Products Smart energy meters Optical transport network (OTN) – DWDM GPON OLT & ONT Managed leased line network products (MLLN) PCM multiplexers Signaling point
Slide 11: Key Business Strengths
Key Business Strengths Experienced Board, management team and skilled workforce Revitalized Diverse Products Company with & Services improving offering across financial sectors performance Key Business Strengths Well established Modern relationship with manufacturing certain PSUs, infrastructure, Mo
Slide 12: Diverse product and services offering across sectors
Diverse product and services offering across sectors Diverse product offering to a wide customer base across diverse industry segments ITI caters to a wide customer base across various industry segments such as telecom, defence, information technology, banks and financial institutions and solar en
Slide 13: Well established relationship with certain PSUs, the Ministry of Defence & other Government agencies
Well established relationship with certain PSUs, the Ministry of Defence & other Government agencies Diverse products & services has helped forge BBNL EESL MoD MoUD relations with customers including PSUs such as.. Registrar History of high customer retention Supplied MLLN BSNL MTNL MoRD General of
Slide 14: Strong order book comprising of a diversified suite of products and services
Strong order book comprising of a diversified suite of products and services across various sectors GPON AMC for GSM SZ/WZ Others 2% ASCON 1% 2% O/S- Aug 31, 2018 Rs Crs Ros/CCOs/IT/I 1% NFS TI/Misc BTS ─ O&M 6,633.6 5% 5% MahaNet 2,658.3 Smart Energy MoD Others Meters Other GoI Smart Energy Meters
Slide 15: Modern manufacturing infrastructure, equipment and technology
Modern manufacturing infrastructure, equipment and technology ITI’S MODERN MANUFACTURING FACILITIES BENGALURU NAINI RAEBARELI MANKAPUR PALAKKAD R&D Centre in Bengaluru ITI has upgraded and continues to modernize its manufacturing facilities, infrastructure, machines, equipment and technology which
Slide 16: Revitalized Company with improving financial performance
Revitalized Company with improving financial performance Growth in revenue from operations (FY14-18)... Govt. grants to meet operational & capex requirements Rs Crs Rs Crs Grant in Aid Capital Grant 1,548.1 1,484.2 494 500 1,193.3 337 579.1 192 165 133 80 FY15 FY16 FY17 FY18 FY15 FY16 FY17 FY18 Tele
Slide 17: Experienced Board, management team and skilled workforce
Experienced Board, management team and skilled workforce ITI’s management team is well qualified & experienced in the industry . The combination of ITI’s experienced board & management has been key in revitalizing the business & would also enable it to capitalize on further growth opportunities Alag
Slide 18: Experienced Board, management team and skilled workforce
Experienced Board, management team and skilled workforce Suresh Chandra Panda, Non-Official, Ind. Director (Non-Executive) Dr. K. R. Shanmugam, Non-Official, Ind. Director (Non-Executive) He holds a masters of arts degree in political science from Utkal He holds a bachelors degree of arts in economi
Slide 19: Key Business Strategies
Key Business Strategies
Slide 20: Key Business Strategies
Key Business Strategies ITI has been developing and introducing new products in collaboration with its technology partners including optical & data network products, defence security encryption, IoT products as well as other diversified products In addition, ITI offers a range of services includ
Slide 21: Key Business Strategies
Key Business Strategies Continue executing teaming agreements, MoU & technology transfer (ToT) agreements with technology & telecom companies as well as start-ups for access to new technology & products to expand the Company’s offering to customers as well as to drive efforts toward innovation.
Slide 22: Summary Restated Consolidated IND AS Financials
Summary Restated Consolidated IND AS Financials ─ Income Statement and Balance Sheet Income Statement* (INR Crs) Balance Sheet* (INR Crs) Particulars (Rs Crs) FY15 FY16 FY17 FY18 Particulars (Rs Crs) FY15 FY16 FY17 FY18 Revenue from Operations 579.1 1,193.3 1,548.1 1,484.2 Equity 288.0 288.0 560.0 7
Slide 23: Thank you
Ey Thank you
Slide 24: Annexure ─ Industry Section
Annexure ─ Industry Section CRISIL Report ─ “Information & communication technology scenario in India”
Slide 25: Information & Communication Technology Scenario in India
Information & Communication Technology Scenario in India Indian Telecom industry, still in the development stage, is expected to grow at CAGR of ~7-9% (FY17-23) Telecom Subscriber Base FY15 FY16 FY17 FY18 FY19 (P) FY20 (P) FY21 (P) FY22 (P) FY23 (P) Wireless subscribers (mn) 970 1,034 1,170 1,183 1,
Slide 26: ICT Scenario in India ─ Wireless Access Network Products
Information & Communication Technology Scenario in India ─ Wireless Access Network Products Base Transceiver Stations (BTS) 2G 3G 4G Figures in ‘000 2178 1,973 2075 Installed BTS ecosystem is set to undergo change in mix of 2G, 1,883 3G, & 4G BTS; overall BTS will grow at a 5-7% CAGR (FY18-23) 179
Slide 27: ICT Scenario in India ─ BharatNet Infrastructure Project
Information & Communication Technology Scenario in India ─ BharatNet Infrastructure Project BharatNet Infrastructure Project BharatNet is a key infrastructure project of the GoI, under which the GoI aims to connect 250,000 villages The infrastructure is designed primarily to provide for broadban
Slide 28: ICT Scenario in India ─ Defence Communication Projects
Information & Communication Technology Scenario in India ─ Defence Communication Projects Army Static Switched Communication Network (ASCON) ITI is currently in negotiations for Phase IV ASCON, Phase IV, is a project with the MoD that Phase Timeline Awarded Comments entails the establishment of
Slide 29: ICT Scenario in India ─ Internet of Things (IoT)
Information & Communication Technology Scenario in India ─ Internet of Things (IoT) In 2015, as a part of the Digital India campaign, a centre of excellence for IoT was announced by the Ministry of Electronics & Information Technology The Smart Cities Mission, which seeks to modernise cities with an
Slide 30: ICT Scenario in India ─ Electronic Products
Information & Communication Technology Scenario in India ─ Electronic Products Smart Energy Meters Installation of smart meters has received support from the GoI only in recent years, through policies and programmes such as the National Tariff Policy, the Integrated Power Development Scheme, the U
Slide 31: ICT Scenario in India ─ Electronic Products
Information & Communication Technology Scenario in India ─ Electronic Products Digital Wallets GoI emphasis on cashless transactions has led to an increased Growing smart phone sales serving as key enabling driver for demand for mobile transactions mobile wallets Million 977 988 Million 250-260 190-
Slide 32: ICT Scenario in India ─ Electronic Products & Data Centre
Information & Communication Technology Scenario in India ─ Electronic Products & Data Centre Smart Cards As subscriber identity module (SIM) cards are a key enabler for wireless telecom. India currently has the 2nd largest wireless telecom subscriber base in the world with over 1.16 bn subscribers