Cemindia Projects Ltd · NSE:CEMPRO
Cemindia Projects — ITD Cementation India — Investor Presentation (June 2018)
35 slides from Cemindia Projects's investor presentation, June 2018
Slide 1: Investors Presentation June 2018
Construction Work at Mumbai Port Trust J Nandi Station (Kolkata Metro) for Rail Vikas Nigam Limited Investors Presentation June 2018 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 Way Forward Page 2
Slide 3: Executive Summary
Executive Summary NAME ITD Cementation India Limited (“ITD Cem”) INDUSTRY GROUP Infrastructure BUSINESS AREAS Marine structures, Urban Infra/MRTS, Highways/Bridges & Flyovers, Hydro/Tunnels/Irrigation projects, Industrial structures/Buildings, Specialist engineering AUTHORISED CAPITAL 750 mn AUDITOR
Slide 4: Company Profile & Shareholding Structure
Company Profile & Shareholding Structure Ownership Details: Italian-Thai Development Company Limited As on 30 June 2018 (“ITD”) acquired 80.4% from Skanska AB in 2004 and currently holds 46.64% in ITD Cem Promoters Public 46.64% 17.61%, Engaged in the construction of marine structures, highways, b
Slide 5: 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 6: Corporate Structure
Corporate Structure ITD Cementation India Limited Engaged in marine works, highways & bridges, metros, airports, hydro- tunneling, dams & canals, water & waste water treatment and specialist foundation engineering projects 100% 80% 49% 40% 95% 60% ITD ITD-ITD Cem JV ITD Cem ITD ITD-ITD Cem CEC-ITD C
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 in the past 15 years - a reflection of ITD Cem’s drive towards excelle
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 In Millions Yearly Quarterly Revenue from operation Revenue from operation 35,000 6,000 30,000 5,000 25,000 4,000 20,000 3,000 15,000 2,000 10,000 1,000 5,000 0 0 Jun'17 Sept'17 Dec'17 Mar'18 Jun'18 FY13 FY14 FY15 FY16 FY17 Revenue 4,734 4,137 4,674 5,032 4,523 Revenue 12,602 1
Slide 11: Standalone Financials
Standalone Financials In Millions Yearly PAT & EPS Quarterly PAT & EPS 800 6.0 350 7.0 600 5.0 300 6.0 4.0 400 3.0 250 5.0 200 2.0 1.0 200 4.0 0 - -200 150 3.0 (1.0) -400 (2.0) 100 2.0 (3.0) 50 1.0 -600 (4.0) -800 (5.0) 0 - FY13 FY14 FY15 FY16 FY17 Jun'17 Sept'17 Dec'17 Mar'18 Jun'18 PAT 93 194 -593
Slide 12: Consolidated Order Book
Consolidated Order Book In Millions Order book as at year end Order book as at quarter end 75,132 90,904 90,555 65,835 82,121 81,308 75,132 52,043 47,630 38,212 Dec'13 Dec'14 Dec'15 Dec'16 Dec'17 Jun'17 Sept'17 Dec'17 Mar-18 Jun-18 Page 12
Slide 13: Order Book Analysis
Order Book Analysis Page 13
Slide 14: Order Book: Sector Breakup
Order Book: Sector Breakup Rs. mn Order book of Rs. 90,555 mn as on June 30, 2018. No . As on June 30, 2018 Size (Major) % Major ongoing projects included in the order book are : Construction of Ten No. Elevated Metro Stations Excluding Viaduct On The East-West Hydro / Dams / Tunnels / 13,938 7 15
Slide 15: Order Book: Sector Breakup
Order Book: Sector Breakup Rs. mn L1 projects : Development of refit jetty and allied facilities at Port Blair for Andaman Lakshadweep Harbour Works (ALHW) worth 2,960 mn Design, Construction, Manufacturing, supply, installation, testing & commissioning of Ballastless track wok in main line for
Slide 16: Operations & Management
Operations & Management Page 16
Slide 17: Business Operations
Business Operations Urban Infrastructure / MRTS: 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 Metro,
Slide 18: Urban Infrastructure / MRTS: Increasing Focus – contd..
Urban Infrastructure / MRTS: Increasing Focus – contd.. Delhi Metro Underground Station Nagpur Metro Elevated Project Mumbai Underground Metro Project Kolkata Metro Station Page 18
Slide 19: Business Operations …(2)
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 20: Marine: Market Leadership Position – contd..
Marine: Market Leadership Position – contd.. Mumbai Port Trust Project LNG Terminal for H-Energy, Raigad Vizag Port Project JSW Jaigad Port Page 20
Slide 21: Business Operations …(3)
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 22: Special Projects: Market Leadership Position – contd..
Special Projects: Market Leadership Position – contd.. Marine Piling for Mumbai Port Project Diaphragm Walling at Mumbai Metro Line 3 Karnataka Power Corporation – Dam Rehabilitation Project Piling & Civil Works for Gangtok Project Page 22
Slide 23: Business Operations …(4)
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 24: Hydro / Dams / Tunnels / Irrigation - contd..
Hydro / Dams / Tunnels / Irrigation - contd.. KRCL Tunnel New Umtru H E Project New Hydro Dam Umtru VMSS – Micro Tunneling Vadodara Page 24
Slide 25: Business Operations …(5)
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 26: Highways, bridges & flyovers: Major Player
Highways, bridges & flyovers: Major Player Elevated Road Noida PWD Delhi Pune Satara Road Project Elevated Road Noida Page 26
Slide 27: Business Operations …(6)
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 28: Industrial
Industrial Paradip Refinery – Industrial Complex Power House, Umtru Paradip Refinery – Industrial Complex IHI Mundra Page 28
Slide 29: Business Operations …(6)
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 30: Buildings
Buildings Haj Tower, Kolkata Delhi Metro Station Boys Hostel, IIT Ropar DP World Page 30
Slide 31: Business Operations …(7)
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 32: 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 32
Slide 33: Recent Corporate Recognitions
Recent Corporate Recognitions Page 33
Slide 34: 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 35: THANK YOU
THANK YOU Page 35
ITD Cementation India — Investor Presentation (June 2018) on 6ix