Indian Telephone Industries Limited · NSE:ITI
Indian Telephone Industries — ITI — IPO Roadshow (January 2020)
34 slides from Indian Telephone Industries's IPO roadshow presentation, Jan 18, 2020
Slide 1: ITI Limited Investor Presentation
ITI Limited INVESTOR PRESENTATION January 2020
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 red herring prospectus dated January 17, 2020 (“RHP”) with the Securities and Exchange Board of India (“SEB
Slide 3: Deal Summary
Deal Summary ISSUER ITI Limited The President of India, acting through the Department of Telecommunications (“DoT”), PROMOTER Ministry of Communications, Government of India ISSUE TYPE Further Public Offering (“FPO”) ISSUE SIZE Up to 18,00,00,000 equity shares (“Net Issue”) and an additional issue o
Slide 4: Presentation Path
Presentation Path Brief Overview of ITI Ltd Key Business Highlights Business Strategies Annexures 4
Slide 5: Brief Overview of ITI Ltd
Gyr Brief Overview of ITI Ltd
Slide 6: 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, a PSU under Dept. of Telecommunications (DoT), offers diverse Particulars FY17 FY18 FY19 H1FY20 suite of products, solutions &
Slide 7: 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 8: 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 8 Commenced execution of a project fo
Slide 9: Key Business Highlights
Key Business Highlights ————
Slide 10: Diverse Range of Products & Services
Diverse Range of Products & Services Optical and Data Network Products & Defence Communication & Security 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 11: Diversified suite of manufactured and traded products
Diversified suite of manufactured and traded products Traded Electronic & Contract Manufacturing Telecom Products Testing Electronic Products Communication Products Services & Solutions Services Smart energy meters Optical transport network Contract manufacturing Established EMI-EMC & GPON
Slide 12: 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 13: 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 telecommunications, defence, information technology, banks & financial institutions and
Slide 14: 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 15: Strong order book comprising of a diversified suite of products and services across various sectors
Strong order book comprising of a diversified suite of products and services across various sectors Order Book @ Dec 31, 2019 INR Crs % BTS ─ O&M* 5,621.7 50.9% GPON AMC for Defence AMC AMC for 1% ASCON GSM 1% HDPE OCB MahaNet 1,989.0 18.0% NFS 0% SZ Duct 0% MLLN/SSTP AMC 2% 0% Ros/CCOs/IT/ITI/Misc
Slide 16: Strong order book comprising of a diversified suite of products and services across various sectors
Strong order book comprising of a diversified suite of products and services across various sectors BTS O&M Advanced Purchase Orders for O&M of BTS for GSM network of BSNL in Tamil Nadu, Uttar Pradesh & Uttarakhand for next 10 years. Scope of work includes operation and maintenance of passive in
Slide 17: Modern manufacturing infrastructure, equipment and technology
Modern manufacturing infrastructure, equipment and technology ITI’S MODERN MANUFACTURING FACILITIES Skill Development BENGALURU NAINI Centers in RAEBARELI Bengaluru & Srinagar MANKAPUR PALAKKAD R&D Centre in Bengaluru ITI has upgraded and continues to modernize its manufacturing facilities, infras
Slide 18: Revitalized Company with improving financial performance
Revitalized Company with improving financial performance Growth in revenue from operations (FY15-19)... Govt. grants to meet operational & capex requirements INR Crs 1,668.4 INR Crs Grant in Aid Capital Grant 1,548.1 1,484.2 494 500 1,193.3 337 579.1 578.8 192 165 133 105 80 85 55 FY15 FY16 FY17 FY1
Slide 19: 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 Rake
Slide 20: Experienced Board, management team and skilled workforce
Experienced Board, management team and skilled workforce Asha Kumari Jaswal, Non-Official, Ind Director (Non-Executive) Dr. K. R. Shanmugam, Non-Official, Ind. Director (Non-Executive) She holds a bachelor of arts degree and masters degree in arts from He holds a bachelors degree of arts in economic
Slide 21: Key Business Strategies
Key Business Strategies
Slide 22: 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 23: 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 24: Summary Restated Consolidated IND AS Financials ─ Income Statement
Summary Restated Consolidated IND AS Financials ─ Income Statement Particulars (Rs Crs) FY15 FY16 FY17 FY18 FY19 H1FY20 Revenue from Operations 579.1 1,193.3 1,548.1 1,484.2 1,668.4 578.8 Other Income 84.9 597.0 540.6 327.5 336.5 24.6 Total Revenue 664.0 1,790.3 2,088.7 1,811.6 2,004.8 603.4 Cost of
Slide 25: Summary Restated Consolidated IND AS Financials ─ Balance Sheet
Summary Restated Consolidated IND AS Financials ─ Balance Sheet Particulars (Rs Crs) FY15 FY16 FY17 FY18 FY19 H1FY20 ASSETS Non-current Assets 143.6 239.0 300.7 473.6 565.9 595.5 - Property, Plant & Equipment 61.9 102.9 157.0 279.5 358.9 372.3 - Capital work-in-progress 33.0 91.7 101.6 149.3 164.8 1
Slide 26: Thank you
@yr Thank you B sowcaPs KARVY|SUEE | =| iy q
Slide 27: Annexure ─ Industry Section
Annexure ─ Industry Section CRISIL Report ─ “Information & communication technology scenario in India” December 2019
Slide 28: Information & Communication Technology Scenario in India
Information & Communication Technology Scenario in India Indian telecommunications services industry is set to grow at a 12-14% CAGR between FY19 & FY24 Telecom Subscriber Base FY16 FY17 FY18 FY19 (E) FY20 (P) FY21 (P) FY24 (P) Wireless subscribers (mn) 1,034 1,170 1,183 1,162 1,145 1,204 1,331 Data
Slide 29: ICT Scenario in India ─ Wireless Access Network Products
Information & Communication Technology Scenario in India ─ Wireless Access Network Products Base Transceiver Stations (BTS) The installed BTS ecosystem in the towers industry is set to undergo a change in mix of 2G, 3G, and 4G BTS. The overall BTS numbers will grow at approximately 5% CAGR between
Slide 30: 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 31: ICT Scenario in India ─ Defence Communication Projects
Information & Communication Technology Scenario in India ─ Defence Communication Projects ASCON is an Indian Army communications Army Static Switched Communication Network (ASCON) project, which seeks to develop and enhance the army’s communication network across India. Phase Timeline Awarded Comm
Slide 32: 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 33: 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 34: ICT Scenario in India ─ Electronic Products & Data Centre
Information & Communication Technology Scenario in India ─ Electronic Products & Data Centre Smart Cards Industry Utilisation of Smart Card Banking Debit/Credit Cards & other payment cards • Smart cards have applications across industries in India, with the key industries being banking, financial se