Cemindia Projects Limited — Investor Presentation 2020

Jun 18, 2020

Dept. ofCorporateBSE Limited,Phiroze Jeejeebhoy Towers, Dalal Street,Mumbai 400 023.	Services - Corporate Relationship,		National Stock Exchange ofIndiaLimited,Listing Department,Exchange Plaza, C-l, Block 'G'Kurla Complex,Bandra (East),Mumbai 400 051.		Bandra
Date18th June,2020	Our Reference No.SEC/0612020	Our Contact	RAHULNEOGI	Direct Line91 2267680814

Dear Sirs,

Sub: Audited Financial Results for the quarter and year ended 31st March, 2020 Scrip Code No: 509496 (BSE) / ITDCEM (NSE)

Enclosed please find presentation on Audited Financial Results for the quarter and year ended 31 st March, 2020, which will be presented to Analysts & Institutional investors pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended from time to time (Listing Regulations).

You are requested to take the same on record. The presentation is being made available on the Company's website www.itdcem.co.in in accordance with Regulation 46 ofthe Listing Regulations

Thanking you,

Yours faithfully, For I Cementation India Limited

Encl: as above

ITO CEMENTATION INDIA LIMITED

Registered & Corporate Office: National Plastic Building, A - Subhash Road, Paranjape B Scheme, Vile Parle (East), Mumbai - 400 057. Tel.: 91-22-66931600 Fax: 91-22-66931628 www.itdcem.co.in Corporate Identity Number: L61000MH1978PLC020435

ISO 9001, ISO 14001 & OHSAS 18001

Udangudi, Tamilnadu Power Project LG Crossing Over Existing Flyover, BMRCL Project

Investors Presentation March 2020

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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 statements require the Company to make assumptions and are subject to inherent risks and uncertainties. There is significant risk that the assumptions, predictions and other forward-looking statements may not prove to be accurate. Readers are cautioned not to place undue reliance on forward-looking statements as a number of factors could cause assumptions, actual future results and events to differ materially from those expressed in the forward-looking statements.

Accordingly, this Presentation is subject to the disclaimer and qualified in its entirety by the assumptions, qualifications and risk factors referred to in this document. This does not purport to be a record of the proceedings of the Analysts & Institutional Investors Conference Call. No part of the Presentation shall be copied or disseminated, in whole or in part, in any manner.

Contents

Executive Summary

Corporate Profile & Shareholding Structure

Corporate Vision & Mission

Corporate Structure

Parent Profile

Financial Performance

Order Book Analysis

Operations & Management

ExecutiveSummary
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
	engineering
AUTHORISED CAPITAL	INR 750 million
AUDITORS	Walker Chandiok & Co LLP
SHARE PRICE (1 year)	High: INR 111Low:INR 26
NUMBER OF SHARES	171,787,584
MARKET CAPITALIZATION	INR 7,172 million @ INR 41.75/share (as on 17thJune 2020)

SHARE PRICE (1 year)
NUMBER OF SHARES	171,787,584
MARKET CAPITALIZATION	INR 7,172 million @ INR 41.75/share (as on 17thJune 2020)

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• India with MNC parentage. among clients.

Vision & Mission

Vision

• Our aim is a satisfied client, a strong and proactive workforce and quality product finished on time and to budget • To make ITD Cem the

Mission

country's leading construction Company in customer choice, quality and safety

Corporate Structure

Joint Ventures

	Joint VenturesITD-ITDCemJV	ITD-ITDCemJV(ConsortiumofITD-ITDCementation)	ITDCemMaytasConsortium	ITDCemindiaJV	CEC-ITDCem-TPLJV
Shareholders	ITDCem–49%ITD(Thailand)–51%	ITDCem–40%ITD(Thailand)–60%	ITDCem–95%Maytas–5%	ITDCem–80%ITD(Thailand)–20%	CEC–40%ITDCem–40%,TPL-20%
Keyprojects	SupplyandinstallationoftrackworkforBangaloreMetro–workvirtuallycompleted3undergroundstationsandtunnelsforKolkataMetroDesignandconstructionofelevatedviaductand8elevatedstationsunderDelhiMRTSProjectforDMRCL(CC26)DesignandConstructionofTunnelsbyShieldTBMunderDelhiMRTSProjectforDMRCL(CC32)LayingofWaterTrunkMainandLayingofSewerLinebyMicrotunnelingMethodforKolkataEnvironmentalImprovementInvestmentProgrammeKolkataLayingofTrunkSeweralongJamesLongSarani,KolkatabyMicrotunnelingMethod	ConstructionofintegratedpassengerterminalbuildingatNetajiSubhasChandraBoseInternationalAirportinKolkata	Investigation,Designandexecutionofwaterconveyorsystemconsistingoflinedgravitycanal,CM&CDworkstunnelswithcarryingcapacityof87.21cumecsfromThipparamReservoirtoGundureddipalli.forGovernmentofAndhraPradesh	RehabilitationandRefurbishmentofWaterWorksatPaltaandGardenReach.(KEIIP),Kolkata4Nos.projects-Constructionofelevatedstructures(viaduct&stations)forBangaloreMetroRailCorporationLtd.	Designandconstructionofundergroundsectionincluding3undergroundstationsforMumbaiMetroRailCorporationLimited
WorkinHandasonMarch31,2020(100%)(INR)	4,971million	Nil	7,735million	7,457million	13,898millionPage 8

Industry Position

• standards "ISO 9001:2015, ISO 14001:2015 & OHSAS 18001:2007" for Quality Management Systems, Occupational Health and Safety Management System and Environmental Management System.
• • Engineering etc.

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 Garuda, the highest and most honorable achievement for civilian companies in Thailand Net worth INR 35,755 million (Consolidated) as at 31 December 2019 Work in hand (Construction & Concession) INR 6,19,458 million (Construction INR 2,82,164 million) as on 14th February 2020. Projects with lowest bid / Under negotiation INR 3,40,304 million. Geographic spread includes Bangladesh, Cambodia, Laos, Indonesia, Myanmar, Philippines, Madagascar
• and Taiwan other than India providing ITD Cem with international exposure Provides ITD Cem access to its technologies and know-how as well skilled personnel Provides the Company with access to international design and engineering organisations

* Before exceptional item

* After exceptional item

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(Figures for the years 2014 and 2015 are as per IGAAP and year 2016 onwards are as per Ind AS)

(Figures for the years 2014 and 2015 are as per IGAAP and year 2016 onwards are as per Ind AS)

* After exceptional item

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Consolidated Order Book

INR in Millions

Order Book Analysis

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Order Book: Sector Breakup 3,722 million

INR in Millions

	Order Book: Sector BreakupOrderbookofINR117,431millionasonMarch31,2020.			INR in Millions
	Majorongoingprojectsincludedintheorderbookare:	As on March 31, 2020	Size	No .(Major)	%
	Designandconstructionofundergroundsectionincluding3undergroundstationsforMumbaiMetroworth28,301million(ourshare16,981@60%).	Urban Infrastructure / MRTS	41,594	14	35.4%
	ConstructionofMultiModalIWTterminalforHaldia-WestBengalworth5,174million
	DesignandConstructionofElevatedViaductforNagpurMetroRailCorporationworth3,722million	MarineHydro / Dams / Tunnels /	30,16024,232	129	25.7%20.6%
	4Nos.projects-Constructionofelevatedstructures(viaduct&stations)forBangaloreMetroRailCorporationLtdworth6,895mn,6,838mn,4,855mn&5,114million	Irrigation
	ConstructionofEightNos.ElevatedMetroStationsforNagpurMetroRailCorporationworth3,103million	Buildings	10,033	1	8.5%
	CoalJetty,BreakwaterandConveyorSystemforUdangudiSupercriticalThermalPowerProjectforTamilNaduGenerationandDistributionCorp.Ltd.(TANGEDCO)worth17,182	Airport	7,576	2	6.5%
	million	Water& waste water	2,483	4	2.1%
	DevelopmentofS&DNetworkinChurialbymicrotunnelingforKolkataEnvironmentalImprovementInvestmentProgrammeworth2,962million(ourshare2,370@80%).	Specialist Works	1,268	14	1.1%
	Up-gradationofPassengerTerminalNewBuilding–Trichyworth5,648million	Highways, bridges & flyovers	85	1	0.1%
	DevelopmentofRefitJettyandAlliedFacilitiesatPortBlairworth2,803million
	ConstructionofBreakwateratVizhinjamPortworth3,230million	Total	117,431	57
	ConstructionofNewIntegratedTerminalBuilding,ReconstructionofOldTerminalBuildingatPuneAirportworth3,589million
	UGMetroStationKBB,MetroRailway,Kolkataworth4,689million	Government	PSU's	Private
	DevelopmentofLiquidCargoJettyatJNPTthroughEPCworth1,815million
	ConstructionofBulkBerthandApproachTrestleatChharaPortforShapoorjiPallonjiInfrastructureCapitalCompanyPrivateLimitedworth3,250million	11%
	ConstructionofTunnelT9-T10onSivok(WestBengal)toRangpo(Sikkim)NewSinglelineBGRailwayLineProjectforIRCONworth6,167million
	RedevelopmentofGeneralPoolResidentialcolonyatKasturbaNagarNewDelhi(Phase-I)forCPWD,NewDelhiworth11,280million			34%
	Constructionof2TunnelsT-3&T-6onSivok(WestBengal)toRangpo(Sikkim)NewSinglelineBGRailwayLineProjectforIRCONworth4,948million&3,038millionrespectively.	55%
	Design&ConstructionofundergroundstructuresfromSouthofTanneryRoadstationtoNorthRampincludingalliedworksforBMRCLworthINR17,713million

Order Book: Sector Breakup 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: Construction of Circuit Bench of Calcutta High Court at Jalpaiguri worth INR 3,769 million RVNL: ANS-3/1: Construction of 7 stations of New Garia-Airport Metro Project, Kolkata worth 2,926 million

Operations & Management

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 Metro, Jaipur Metro, Bangalore Metro and Chennai Metro Construction of Integrated Passenger Terminal Building at NSCBI Airport, Kolkata Major Projects under Execution: Projects of Bangalore Metro, Kolkata Metro, Mumbai Metro and Nagpur Metro Up-gradation of Passenger Terminal New Building –Trichy

• New Integrated Terminal Building, Reconstruction of Old Terminal Building at Pune Airport Order Book: Outstanding order book of INR 49,170 million as on March 31, 2020

KMRCL Project

LG Crossing Over Existing Flyover, BMRCL Project

BMRCL Project Underground Siddhivinayak Metro Station under Construction

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, dry dock, wet basin and inclined berth Building of jetties for handling liquid and solid cargo, wharfs, berths and quays for handling of containers Key Projects Executed: Liquid chemical jetty at Dahej for Gujarat Chemical and Port Terminal Dock modernization project at Mazagon docks Design and Construction of Wharf Structure at Nhava Sheva (India) Gateway Terminal, JNPT Container Terminal at Ennore Port Wharf, Tamil Nadu Design and construction od reclamation and container yard with associated facilities at JNPT, Navi Mumbai Dredging and reclamation works for development of 4th container terminal in Jawaharlal Nehru Port (JNP)-Phase-I Major Projects under Execution: Establishment of Captive Coal Jetty, Breakwater and Conveyor System for Udangudi Supercritical Thermal Power Project for Tamil Nadu Generation and Distribution Corp. Ltd. (TANGEDCO) Construction of Multi Modal IWT terminal for Haldia- West Bengal Improving the Capacity Utilization of OR-I & OR-II Berths for Visakhapatnam Port Trust Development of Refit Jetty and Allied Facilities at Port Blair

• Construction of Break water at Vizhinjam Port Construction of LNG Jetty at Dhamra Construction of LPG Jetty at Dhamra Development of Liquid Cargo Jetty at JNPT through EPC Construction of Bulk Berth and Approach Trestle at Chhara Port Extension of Jetty LTHE Modular Fabrication Facility, Kattupalli Development of Container Terminal - Myanmar Order Book: Outstanding order book of INR 30,160 million as on March 31, 2020

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 anchors, colcrete, gunite / shotcrete, grouted mattress, repairs, tube heading and box pushing Key Projects Executed: Execution of civil works (piling) for 4 x 600 MW O P Jindal Super Thermal Power Plant at Tamnar, Raigarh, Chattisgarh Diaphram wall for Sabarmati Four subways in Chennai through box pushing Piling works for Paradip refinery Piling work of Talwandi 3x660 MW Superficial Thermal Power Plant at Talwandi, Punjab Piling Works for Polypropylene Plant at Indian Oil Corporation Limited, Paradip Refinery, Odisha Major Projects under Execution: Construction of 2 nos. Subway through track by Box pushing at Shalimar Railway station Secant Pile wall Works for Mumbai Metro Line -3 Package – 4 at Shitaladevi, Sidhivinayak Station and St. Xavier Shaft. Drilling & Curtain Grouting for Foundation of Dam, 2) Drilling & Grouting to the Body of the Dam in Selected Blocks, 3) Upstream Surface Treatment and 4) Drilling of Drainage Holes in Markandeya Dam, Karnataka Earth Work, Ground Improvement, Dewatering, Confirmatory Sub Soil Investigations & Pile Qualification (Package - I) for Main Plant Buildings and Structures of Gorakhpur Haryana Anu Vidyut Pariyojana - 1 & 2 Haryana

• Construction of Cryogenic Tank Foundation for AEGIS Logistics Limited, Kandla Gujarat

• Piling Works for FGD Package 3x500 MW, Indira Gandhi Super Thermal Power Project at Jhajjar, Haryana, India Construction of underpass along M. P. Road No.3 at the junction no.6 of Sector-51,52 and 72, Noida Rectification Work Of Reservoir 1B For NTPC Sipat Construction of Diaphragm wall for extension project at FUN REPUBLIC near Eldeco Green, Gomti Nagar, Lucknow, UttarPradesh Order Book: Outstanding order book of INR 1,268 million as on March 31, 2020

CINDA, Dahej Spun Piles

Ground Stabilisation work for Nuclear Power Corporation

AEGIS Kandla, Precast Piling Project

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 penstock pipes (fabrication and laying) Diversified into construction of hydro projects by undertaking 150 MW pumped storage plant near Mumbai for Tata Power Laying of Water Trunk Main from Garden Reach Water Works to Taratala Valve Station and Laying of Sewer Line along Diamond Harbour Road by Microtunelling Method fro KEIIP Projects under Execution: Investigation Design and execution of water conveyor system consisting of lined gravity canal, CM & CD works tunnels with carrying capacity of 87.21 cumecs from Thipparam Reservoir to Gundureddipalli.

• Laying of Trunk Sewer along James Long Sarani by Microtunneling Method , Kolkata Development of S&D Network in Churial Extension Canal sub basin) including laying of main trunk sewer by micro

• tunneling method and construction of Churial Extension Pumping Station for KEIIP. Providing and Laying Sewage Trunk main by Micro Tunnelling Method on Ashram Road from Wadaj Circle to Existing RCC Box on Riverfront of AMC Area for Ahmedabad Municipal Corporation Construction Of Adits 6 in Connection With New Single Broad Guage Rail Link Between Rishikesh And Karanprayag (125Km) – Uttarakhand Construction of Tunnel T9-T10 on Sivok (West Bengal) to Rangpo (Sikkim) New Single line BG Railway Line Project Construction of Tunnel T-3 and Tunnel T-4 on Sivok (West Bengal) to Rangpo (Sikkim) New Single line BG Railway Line Project. Construction of T-6 on Sivok (West Bengal) to Rangpo (Sikkim) New Single line BG Railway Line Project. Order Book: Outstanding order book of INR 24,232 million as on March 31, 2020

TBM Tunnel, Mumbai Metro

Business Operations …(5)

Highways, bridges & flyovers: Major Player Key Projects Executed: Ghaziabad ROB Railway bridge, Nashik Projects under Execution:

• Scope: Construction of roads, bridges and flyovers Completed road projects in Maharashtra, Madhya Pradesh, Andhra Pradesh and Tamil Nadu for NHAI Elevated Road for Noida and PWD Delhi Construction of 6 Laning of Pune Satara Road (NH 4) - Package 1 Order Book: Outstanding order book of INR 85 million as on March 31, 2020

Highways, bridges & flyovers:

Nagpur Metro Viaduct

Business Operations …(6) Key Projects Executed:

Industrial

• Scope: Construction of civil structures for refineries, petrochemicals, power, steel and fertilizer plants Potential for high growth Plant building and offsite facilities at Unchahar for NTPC Piling and civil works for IFFCO at Aonla and Phulpur Civil works for water supply package at Bakreswar thermal power project

• General civil works at Sasan for Reliance Kawai Power project Construction of General Civil Works and Building Utilities For 200 KV GIS Building at Mahalaxmi, Mumbai. Construction of LNG storage tanks at Mundra Projects under Execution: Nil Order Book: Presently no projects are under execution in this segment.

Industrial

IOCL Paradip

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Business Operations …(6) Potential for high growth

Buildings

• Scope: Construction of civil structures for Academics Institutes, Residential, Complexes etc

• Key Project executed: Haj Tower, Kolkata Construction of Super Structure (G+15) for Unified Academic Campus of Bose Institute, Salt Lake, Kolkata, West Bengal. Construction of Different Buildings under phase-I for IIT Ropar at Ropar, PunjabIncluding Water Supply, Sanitary Installations, Internal Electrical Installation, Roads, Drainage & Sewerage. Architectural Finishing, Plumbing, Tubewell, VAC, Electrical, Fire Fighting Works For 6 Elevated Stations for Kolkata Metro basis including maintenance for 1825 days after completion of work.

• Projects under Execution: Redevelopment of General Pool Residential colony at Kasturba Nagar New Delhi (Phase-I) on EPC Order Book: Outstanding order book of INR 10,033 million as on March 31, 2020

Buildings

Nagpur Metro Station Building, Maharashtra IIT Ropar

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 forward Projects under Execution:

• Water transmission line at Tallah Palta for Kolkata Municipal Corporation in JV with parent, Italian Thai Development Company Procurement of Ground Water Treatment Plants - Design, Construction, Supply, Installation, Commissioning including Mechanical & Electrical Equipment and Operation in Agartala Rehabilitation and Refurbishment of Water Works at Palta and Garden Reach.

• Designing, Providing, Constructing, Erecting, Testing & Commissioning of Intake Channel, Jackwell, Pump House, Break Pressure Tank and other related works for Bhama Askhed Water Supply Scheme, Pune Drainage System of Agartala Municipal Area / SH: Construction of RCC covered drain in Central zone / Balance work. Construction of sewer tunnel and allied works from Jai Bharat pumping station to Bandra IPS along Swami Vivekanand road by Segmental Tunneling Method (MSDP Stage II - Priority Works) Order Book: Outstanding order book of INR 2,483 million as on March 31, 2020

Water and Waste Water:

Bhama Askhed Water Supply Project

Agartala WTP project under Multilateral Funding

Irrigation Work in progress, Bhama, Pune

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