Slide 1: Investors Presentation June 2019
Nagpur Metro Project Udangudi, Tamilnadu Power Project Investors Presentation June 2019 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 Page 2
Slide 3: 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 4: Company Profile & Shareholding Structure
Company Profile & Shareholding Structure Ownership Details: Italian-Thai Development Company Limited As on 30 June 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 18.04%, Structures, Hydro/Tunnel/Ir
Slide 5: 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 5
Slide 6: 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 7: Joint Ventures
Joint Ventures ITD-ITDCem JV ITD ITD Cem (Consortium of CEC-ITD Cem- Cemindia ITD-ITDCem JV Maytas ITD-ITD TPL JV JV Consortium Cementation) Shareholders ITD Cem – 80% ITD Cem – 49% ITD Cem – 40% ITD Cem – 95% CEC – 40% ITD Cem ITD (Thailand) – ITD (Thailand) – 51% ITD (Thailand) – 60% Maytas–5% – 4
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 excellence
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 of Gar
Slide 10: 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 Jun'18 Sept'18 Dec'18 Mar'19 Jun'19 Mar'19 Revenue 4,523 4,174 4,503 4,561 5,380 Revenu
Slide 11: 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 12: 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 7,500 30,000 7,000 25,000 20,000 6,500 15,000 10,000 6,000 5,000 5,500 0 15M 5,000 FY14 FY15 FY
Slide 13: 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 14: Consolidated Revenue & Debt (incl. our share in associate JVs)
Consolidated Revenue & Debt (incl. our share in associate JVs) INR in Millions Yearly Quarterly Revenue from operation Revenue from operation 40,000 8,000 30,000 7,500 20,000 7,000 10,000 6,500 0 15M 6,000 FY14 FY15 FY16 FY17 Mar'19 Jun'18 Sept'18 Dec'18 Mar'19 Jun'19 Revenue 17,189 30,709 30,886 23
Slide 15: Consolidated Order Book
Consolidated Order Book INR in Millions Order book as at year end Order book as at qtr. end 99,925 101,550 99,925 75,132 65,835 95,917 47,630 52,043 91,957 90,555 Dec'14 Dec'15 Dec'16 Dec'17 15M Mar'19 Jun'18 Sept'18 Dec'18 Mar'19 Jun'19 Page 15
Slide 16: Order Book Analysis
Order Book Analysis Page 16
Slide 17: Order Book: Sector Breakup
Order Book: Sector Breakup INR in Millions Order book of INR 101,550 million as on June 30, 2019. No . Major ongoing projects included in the order book are : As on June’ 30, 2019 Size (Major) % Design and construction of underground section including 3 underground stations for Mumbai Metro worth
Slide 18: Order Book: Sector Breakup
Order Book: Sector Breakup Rs. mn Major Projects secured during qtr. June 2019: Construction of Tunnel T9-T10 on Sivok (West Bengal) to Rangpo (Sikkim) New Single line BG Railway Line Project from IRCON International Limited worth INR 6,167 million Construction of Bulk Berth and Approach Trestle
Slide 19: Operations & Management
Operations & Management Page 19
Slide 20: Business Operations: Urban Infrastructure / MRTS / Airport
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 21: Urban Infrastructure / MRTS: Increasing Focus – contd..
Urban Infrastructure / MRTS: Increasing Focus – contd.. Kolkata Underground Metro Nagpur Metro Station Delhi Metro Project Bangalore Metro Project Page 21
Slide 22: 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 23: Marine: Market Leadership Position – contd..
Marine: Market Leadership Position – contd.. Rock Placing, Udangudi Project Karanja Port Project Dhamra Port Project Mumbai Port Trust Project Page 23
Slide 24: 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 25: Special Projects: Market Leadership Position – contd..
Special Projects: Market Leadership Position – contd.. Piling at Mumbai Underground Metro Project Piling Work at Nagpur Metro Ground Stabilisation work for Nuclear Power Corporation Stone Column Work at Jindal Steel Page 25
Slide 26: 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 27: Hydro / Dams / Tunnels / Irrigation - contd..
Hydro / Dams / Tunnels / Irrigation - contd.. Micro Tunnelling Project, Kolkata TBM – UG2, Kolkata Tunnel for Indian Railways, Uttarakhand TBM Tunnel Page 27
Slide 28: 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 29: Highways, bridges & flyovers
Highways, bridges & flyovers: PWD Delhi Pune Satara Road Project Pune Satara Road Project Elevated Road Noida Page 29
Slide 30: 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 31: Industrial
Industrial Paradip IOCLProject Kolkata Metro Station Trichy AirportModernisation Pune Airport Modernisation Page 31
Slide 32: 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 33: Buildings
Buildings Bose Research Institute, Kolkata Delhi Metro Station, Magenta Line IIT Ropar Kolkata Metro Station Page 33
Slide 34: 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 35: 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 35
Slide 36: 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 & specialized projects • Focus on Infrastructure opportunities in EPC /Item rate contracts in complex Bridges, High Speed Bullet Train, Und
Slide 37: THANK YOU
THANK YOU Page 37