Cemindia Projects Ltd · NSE:CEMPRO
Cemindia Projects — ITD Cementation India — Investor Presentation (March 2020)
36 slides from Cemindia Projects's investor presentation, March 2020
Slide 1: Investors Presentation March 2020
Udangudi, Tamilnadu Power Project LG Crossing Over Existing Flyover, BMRCL Project Investors Presentation March 2020 Page 1
Slide 2: 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 3: 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 4: 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 5: Company Profile & Shareholding Structure
Company Profile & Shareholding Structure Ownership Details: Italian-Thai Development Company Limited As on 31 March 2020 (“ITD”), the Promoter of the Company, holds 46.64% in ITD Cem. Public Engaged in the business areas of Urban Infra/MRTS, Marine 19.73%, Promoters Structures, Hydro/Tunnel/Irriga
Slide 6: Vision & Mission
Vision & Mission • Our aim is a satisfied client, a strong and Vision proactive workforce and 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 6
Slide 7: 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 8: 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 9: 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 10: 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 11: 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 FY15 FY16 FY17 FY20 Mar'19 Jun'19 Sept'19 Dec'19 Mar'20 Mar'19 Revenue 4,561 5,380 5,279 5,190 5,570 Revenu
Slide 12: Standalone Financials
Standalone Financials INR in Millions Yearly PAT & EPS Quarterly PAT & EPS 900 6.0 300 150.0% 5.0 100.0% 600 4.0 200 3.0 50.0% 300 2.0 100 0 1.0 0 0.0% - -50.0% -300 (1.0) -100 (2.0) -100.0% -600 (3.0) -200 (4.0) -150.0% -900 (5.0) -300 -200.0% 15M -400 -250.0% FY15 FY16 FY17 FY20 Mar'19 Mar'19 Jun'
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 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 FY15 FY16 FY17 FY20 Ma
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 PAT & EPS Quarterly PAT & EPS 900 6.0 300 150.0% 5.0 600 4.0 200 100.0% 3.0 50.0% 300 2.0 100 0 1.0 - 0.0% - -50.0% -300 (1.0) (100) (2.0) -100.0% -600 (3.0)
Slide 15: Consolidated Order Book
Consolidated Order Book INR in Millions Order book as at year end Order book as at qtr. end 126,601 117,431 117,431 110,453 99,925 99,925 101,550 75,132 65,835 52,043 Dec'15 Dec'16 Dec'17 15M Mar'20 Mar'19 Mar'19 Jun'19 Sept'19 Dec'19 Mar'20 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 117,431 million as on March 31, 2020. No . Major ongoing projects included in the order book are : As on March 31, 2020 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. March 2020: Piling works DMRC DC01 Project, Delhi for CCECC-KEC JV worth INR 243 million Piling works DMRC DC02 Project, Delhi for LONGJIAN-KEC JV worth INR 104 million LOI awaited (not included in order book) PWD: Constructi
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, Kolk
Slide 21: Urban Infrastructure / MRTS: Increasing Focus – contd..
Urban Infrastructure / MRTS: Increasing Focus – contd.. KMRCL Project LG Crossing Over Existing Flyover, BMRCL Project BMRCL Project Underground Siddhivinayak Metro Station under Construction 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
Slide 23: Marine: Market Leadership Position – contd..
Marine: Market Leadership Position – contd.. Haldia – Berth Vizag Port Trust - Berth Udangudi Project Chhara Port – In Progress 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 / s
Slide 25: Special Projects: Market Leadership Position – contd..
Special Projects: Market Leadership Position – contd.. CINDA, Dahej Spun Piles Ground Stabilisation work for Nuclear Power Corporation Dhamra Steel Piling AEGIS Kandla, Precast Piling Project 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
Slide 27: Hydro / Dams / Tunnels / Irrigation - contd..
Hydro / Dams / Tunnels / Irrigation - contd.. Sivok-Rangpo Tunnel, RVNL, Sikkim Underground Tunneling at Siddhivinayak, Mumbai Sivok-Rangpo Tunnel, RVNL, Sikkim TBM Tunnel, Mumbai Metro 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
Slide 29: Highways, bridges & flyovers
Highways, bridges & flyovers: Trackwork for MMRDA, Mumbai Nagpur Metro Viaduct Dharna Bridge, Nashik Bangalore Metro – In Progress 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 Aon
Slide 31: Industrial
Industrial IOCL Paradip Trichy Airport Modernization - In Progress IIT Ropar 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
Slide 33: Buildings
Buildings Nagpur Metro Station Building, Maharashtra IIT Ropar 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
Slide 35: Water and Waste Water
Water and Waste Water: Bhama Askhed Water Supply Project Agartala WTP project under Multilateral Funding Irrigation Work in progress, Bhama, Pune Palta WTP, West Bengal Page 35
Slide 36: Thank You
THANK YOU Page 36
ITD Cementation India — Investor Presentation (March 2020) on 6ix