Cemindia Projects Ltd · NSE:CEMPRO
Cemindia Projects — ITD Cementation India — Q2 FY2020 Earnings Presentation
38 slides from Cemindia Projects's earnings presentation, Nov 18, 2019
Slide 1: Exchange covering letter for results presentation
Cern 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 400 023. Exchange Plaza, C-1, Block 'G' Bandra- Kurla Complex, Bandra (East), Mumbai
Slide 2: Investors Presentation September 2019
Gangtok Secretariat Building Udangudi, Tamilnadu Power Project Investors Presentation September 2019 Page 1
Slide 3: Caution regarding forward-looking statements (Disclaimer)
Caution regarding 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 s
Slide 4: Contents
Contents Executive Summary Corporate Profile & Shareholding Structure Corporate Vision & Mission Corporate Structure Parent Profile Financial Performance Order Book Analysis Operations & Management Page 3
Slide 5: 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 6: Company Profile & Shareholding Structure
Company Profile & Shareholding Structure Ownership Details: Italian-Thai Development Company Limited As on 30 September 2019 (“ITD”), the Promoter of the Company, holds 46.64% in ITD Cem. Promoters 46.64% Public Engaged in the business areas of Urban Infra/MRTS, Marine 19.72%, Structures, Hydro/Tunn
Slide 7: Vision & Mission
Vision & Mission • Our aim is a satisfied client, a strong and proactive workforce and Vision quality product finished on time and to budget • To make ITD Cem the country’s leading construction Company in Mission customer choice, quality and safety Page 6
Slide 8: 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 9: Joint Ventures
Joint Ventures ITD-ITDCem JV ITD Cem CEC-ITD ITD Cemindia (Consortium ITD-ITDCem JV Maytas Cem-TPL JV of ITD-ITD Consortium JV Cementation) Shareholders ITD Cem – 80% ITD Cem – 49% ITD Cem – 40% ITD Cem – 95% CEC – 40% ITD (Thailand) – ITD (Thailand) – 51% ITD (Thailand) – 60% Maytas–5% ITD Cem – 20
Slide 10: 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 constr
Slide 11: 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 of Gar
Slide 12: Standalone Financials
Standalone Financials INR 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 15M 0 FY14 FY15 FY16 FY17 Sept'18 Dec'18 Mar'19 Jun'19 Sept'19 Mar'19 Revenue 4,148 4,503 4,561 5,380 5,279 Reven
Slide 13: 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 14: 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 8,000 30,000 25,000 6,000 20,000 15,000 4,000 10,000 5,000 2,000 0 15M 0 FY14 FY15 FY16 FY17 Se
Slide 15: 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 16: Consolidated Order Book
Consolidated Order Book INR in Millions Order book as at year end Order book as at qtr. end 110,453 99,925 95,917 99,925 101,550 91,957 75,132 65,835 47,630 52,043 Dec'14 Dec'15 Dec'16 Dec'17 15M Mar'19 Sept'18 Dec'18 Mar'19 Jun'19 Sept'19 Page 15
Slide 17: Order Book Analysis
Order Book Analysis Page 16
Slide 18: Order Book: Sector Breakup
Order Book: Sector Breakup INR in Millions Order book of INR 110,453 million as on September 30, 2019. No . Major ongoing projects included in the order book are : As on Sept’ 30, 2019 Size (Major) % Design and construction of underground section including 3 underground stations for Mumbai Metro w
Slide 19: Order Book: Sector Breakup
Order Book: Sector Breakup Rs. mn Major Projects secured during qtr. September 2019: Redevelopment of General Pool Residential colony at Kasturba Nagar New Delhi (Phase-I) on EPC basis including maintenance for 1825 days after completion of work from CPWD, New Delhi worth INR 11,280 million Cons
Slide 20: Operations & Management
Operations & Management Page 19
Slide 21: Business Operations: Urban Infrastructure / MRTS
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, Kolkata Me
Slide 22: Urban Infrastructure / MRTS: Increasing Focus – contd..
Urban Infrastructure / MRTS: Increasing Focus – contd.. Underground Siddhivinayak Metro Station under Construction Bangalore Metro Erection Work in Progress Page 21
Slide 23: 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 lift,
Slide 24: Marine: Market Leadership Position – contd..
Marine: Market Leadership Position – contd.. Vizag Port Trust - Berth Udangudi Project Dhamra Port Project Page 23
Slide 25: 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 / soil
Slide 26: Special Projects: Market Leadership Position – contd..
Special Projects: Market Leadership Position – contd.. Ground Stabilisation work for Nuclear Power Corporation Piling Work at Nagpur Metro Piling at GE Power Project, Jhajjar Stone Column Work at Jindal Steel Page 25
Slide 27: 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 pensto
Slide 28: Hydro / Dams / Tunnels / Irrigation - contd..
Hydro / Dams / Tunnels / Irrigation - contd.. Micro Tunnelling Project, Kolkata Underground Tunnelling at Siddhivinayak, Mumbai Drill & Blast Tunnel for Indian Railways TBM Tunnel, Mumbai Page 27
Slide 29: 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 Railway bri
Slide 30: Highways, bridges & flyovers
Highways, bridges & flyovers: Trackwork Progress for MMRDA, Mumbai Nagpur Metro Project – In Progress Pune Satara Road Project Bangalore Metro – In Progress Page 29
Slide 31: 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 Aonla and Phu
Slide 32: Industrial
Industrial RVNL Station, Kolkata – In Progress RVNL Station, Kolkata - In Progress Trichy Airport Modernisation Pune Airport Modernisation – In Progress Page 31
Slide 33: 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, Kolkata,
Slide 34: Buildings
Buildings Secretariat Building, Gangtok Control Room Building on a Jetty Platform, MbPT Page 33
Slide 35: 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 going
Slide 36: Water and Waste Water
Water and Waste Water: Bhama Askhed Water Supply Project Palta Water Works - WTP Irrigation Work in progress, Bhama, Pune Page 35
Slide 37: Way Forward
Way Forward Business Perspective / Alignment to Government’s Initiatives in the Field of Infrastructure • Focus on core competency of the Company – Marine, MRTS-Underground & specialized projects • Focus on Infrastructure opportunities in EPC /Item rate contracts in complex Bridges, High Speed Bulle
Slide 38: Thank You
THANK YOU Page 37
ITD Cementation India — Q2 FY2020 Earnings Presentation on 6ix