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Cemindia Projects Limited Investor Presentation 2024

Feb 8, 2024

61981_rns_2024-02-08_a9f238b2-c21d-411b-9abf-351e4fe98afa.pdf

Investor Presentation

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Cem ITD Cementation India[Limited]

Commitment, Reliability & Quality

Dept. of Corporate Services – Corporate Relationship, BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai 400 001.

National Stock Exchange of India Limited, Listing Department, Exchange Plaza, C-1, Block ‘G’ Bandra-Kurla Complex, Bandra (East), Mumbai 400 051.

Date Our Reference No. Our Contact Direct Line 08[th] February, 2024 SEC/02/2024 RAHUL NEOGI 91 22 67680814 [email protected]

Dear Sirs,

Sub: Unaudited Financial Results for the quarter and nine months ended 31[st] December, 2023 Scrip Code No: 509496 (BSE) / ITDCEM (NSE)

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), enclosed please find presentation on Unaudited Financial Results for the quarter and nine months ended 31[st] December, 2023.

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 of the Listing Regulations.

Thanking you,

Yours faithfully,

For ITD Cementation India Limited

Digitally signed by RAHUL NEOGI DN: c=IN, o=Personal, postalCode=400101, st=Maharashtra, 2.5.4.20=d6d0df5445796b87b8d90ab7a54ecb6fa9 30dd593fdf12cc80090f398780228b, pseudonym=6A90452343F3F023CF80080B1BA75 97371D386ED, cn=RAHUL NEOGI serialNumber=8D2A9ED0DFE2EEF0B6F68C1B4885 6DD103F7E3A97C4B25E6D1B16D812D7260A5, cn=RAHUL NEOGI Date: 2024.02.08 18:55:53 +05'30'

st=Maharashtra, RAHUL 30dd593fdf12cc80090f398780228b, NEOGI 97371D386ED, cn=RAHUL NEOGI (RAHUL NEOGI) Date: 2024.02.08 18:55:53 +05'30' COMPANY SECRETARY

Encl: as above

ITD Cementation India Limited

Registered & Corporate Office : 9lh Floor, Prima Bay, Tower - B, Gate No. 5, Saki Vihar Road. Powai. Mumbai - 400 072 Tel.: 91-22-66931600 fax : 91-22-66931628 www.itdcem.co.in Corporate Identity Number : L61000MH 1978PLC020435

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ITD Cementation India Limited Investor Presentation Q3 FY24 / 9M FY24

ISO 9001:2015 (QMS), ISO 14001:2015 (EMS) and ISO 45001:2018 (OHS-MS) Expanding Horizons. Accelerating Growth

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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.

Disclaimer

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 forwardlooking 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.

2 ISO 9001:2015 (QMS), ISO 14001:2015 (EMS) and ISO 45001:2018 (OHS-MS) Expanding Horizons. Accelerating Growth

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01 Company Overview

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Our History

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Skanska AB
Branch office was Kvaerner ASA acquired ITD, acquired
converted into Cemindia acquired Trafalgar Kvaerner Skanska AB
The Cementation
House Plc in interest in
Company Limited Construction
India subsidiary
Company Limited, (named as renamed as 1996. Upon Group Limited. Skanska
U.K, operated a Cemindia Trafalgar House acquisition, the Subsequently, the Cementation India
branch in India
Company Construction Company Company Limited.
Limited) of The India Limited c hanged its changed its Thereupon, the
Cementation name to name to Company
Company Limited Kvaerner Skanska changed its
Cementation name to ITD
Cementation
India Limited Cementation
India Limited
India Limited
1931 1994 2000
1978 1996 2004
Over 90 years of rich industry experience
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Italian-Thai Development Public Company Limited (ITD) – Parent

  • Amongst the leading infrastructure & construction company in Thailand for over 60 years.

  • Received ‘The Royal Seal of Garuda’ in 1985 - Highest and most honorable achievement for civilian companies in Thailand

  • Total Work in Hand : ~Rs. 66,200 crore (Construction : ~Rs. 31,650 crore)

  • Global presence in India, Bangladesh, Lao PDR, the Philippines, Vietnam, Africa etc.

  • Access to the latest technology and know-how, international design and engineering as well as skilled personnel to augment our local strength.

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Cem
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Commitment, Reliability, Quality

Area of Operations

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URBAN INFRASTRUCTURE, HIGHWAYS, BRIDGES AND
MARITIME STRUCTURES
MRTS AND AIRPORTS FLYOVERS
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  • Jetty, Dolphins, Berths &

Wharfs

  • Ship lift, Dry Dock, Wet Basin

  • Breakwater, Piled approach

  • Elevated Metro

  • Underground Metro

  • Station Buildings and Track work

  • Integrated Passenger Terminal

  • National Highways

  • River Bridges

  • Flyovers

  • Pre-stressed Box Girders

  • Dredging and land reclamation

  • Costal erosion protection,

Rock Bund

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Area of Operations

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INDUSTRIAL STRUCTURES HYDRO, DAMS, TUNNELS FOUNDATION AND
WATER AND WASTE WATER
AND BUILDINGS AND IRRIGATION SPECIALIST ENGINEERING
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  • Institutional

  • Commercial

  • Factories & Warehouse

  • Industrial

  • Dam and Power House

  • Tunnels

  • Intake structures

  • Pressure shafts

  • Irrigation Projects

  • Micro Tunneling

  • Diaphragm Wall

  • Ground ImprovementCivil work for Water

  • Rehabilitation work Treatment plant andSlope Stabilization / Rock Sewerage Plant Anchors

  • Pipeline for Drainage Project

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Corporate Objectives

OUR VISION

Our aim is a satisfied client, a strong and proactive workforce and quality product finished on time maintaining highest safety standard and to budget

OUR MISSION

To make ITD Cementation India Limited, the country’s leading construction Company in customer choice, quality and safety

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OUR CORE VALUES

  • Our safety, health and quality standards are second to none.

  • We are Customer’s delight.

  • Employees are our most important asset and working conditions and training must enable them to give their best.

  • We strive to ensure timely commencement and completion of projects.

  • Plant and machinery are our wealth. We ensure their proper maintenance to prolong productivity.

  • We prioritise state-of-the art technology

  • Environmental awareness and care for our surroundings in which we live is a part of our business philosophy.

  • Our competitive edge is maintained through specialist skills and commitment to both training and R&D.

Re-certified through TUV Nord under the latest IMS standards ISO 9001:2015 (QMS), ISO 14001:2015 (EMS) and ISO 45001:2018 (OHS-MS)

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Commitment, Reliability, Quality

QMS – Quality Management Systems, OHS – Occupational Health & Safety Management Systems, EMS – Environmental Management Systems

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Board of Directors

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Mr. Piyachai Karnasuta Chairman

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Mr. Santi Jongkongka Executive Vice Chairman

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Mr. Jayanta Basu Managing Director

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Ms. Jana Chatra Independent Director

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Mr. Sunil Shah Singh Independent Director

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Mr. Pankaj I.C. Jain Independent Director

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Shareholding Pattern*

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Bodies • Market Capitalisation of over Rs 5,700 crore as
Corporate,
6.0% on February 08, 2024

Listed on NSE and BSE
Individual, Promoter, • Strong institutional shareholding : Over 15.0%
31.7%
46.6%
TOP 5 INSTITUTIONAL SHAREHOLDERS % holding
MASSACHUSETTS INSTITUTE OF TECHNOLOGY 5.3%
238 PLAN ASSOCIATES 1.4%
Mutual FII,
Funds 13.9% ACADIAN EMERGING MARKETS 1.3%
incl. AIF, CITY OF NEW YORK GROUP TRUST 0.6%
1.8%
BANDHAN INFRASTRUCTURE FUND 0.6%
As on December 31, 2023
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02

Robust Financial Performance

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Performance Highlights – Q3 FY24 (Rs crore)
REVENUE EBITDA PAT
52% 87% 113%
Rs 2,017 crore Rs 220 crore Rs 79 crore
Contract Value
New orders secured during the quarter
(Rs crore)
Civil & Hydro-Mechanical Works of 500 MW Hydel Power, Pumped Storage Project in Andhra Pradesh 1,001
Others 284
Total 1,285
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Performance Highlights – 9M FY24 (Rs crore)

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REVENUE EBITDA PAT
58% 80% 112%
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REVENUE
58%
EBITDA
80%
PAT
112%
REVENUE
58%
EBITDA
80%
PAT
112%
Rs 5,460 crore
Rs 567 crore
Rs 185 crore
New orders secured in 9M FY24 Contract Value
(Rs crore)
Balance Outer Harbour Works in Andhra Pradesh 3,288
Marine project in Bangladesh 1,183
Civil & Hydro-Mechanical Works of 500 MW Hydel Power, Pumped Storage Project in Andhra Pradesh 1,001
Mindstone Mall in West Bengal 208
Piling work at MPL- Green in Gujarat 133
Piling work at Hazira Plant in Gujarat 105
Others 190
Total 6,108

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Consolidated Financials - Quarterly (Rs crore)

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Revenue
2,017
1,833
1,631 1,610
1,327
Dec'22 Mar'23 Jun'23 Sep'23 Dec'23
79
EBITDA 220 Profit After Tax
174 173
147 52 52
118
37 38
Dec'22 Mar'23 Jun'23 Sep'23 Dec'23 Dec'22 Mar'23 Jun'23 Sep'23 Dec'23
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Consolidated Financials - Yearly (Rs crore)

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Revenue 5,460
5,091
3,809
2,861
2,728
Mar'20 Mar'21 Mar'22 Mar'23 9M Dec'23
185
567
EBITDA Profit After Tax
463
125
328 338
258
69
44
16
Mar'20 Mar'21 Mar'22 Mar'23 9M Dec'23
Mar'20 Mar'21 Mar'22 Mar'23 9M Dec'23
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Consolidated Financials - Yearly (Rs crore)

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Networth Debt
865
1,409
1,242 725
1,135
1,055 1,069
515
474
409
Mar'20 Mar'21 Mar'22 Mar'23 9M Dec'23
Mar'20 Mar'21 Mar'22 Mar'23 9M Dec'23
Debt to Equity
0.61
0.58
0.45 0.45
0.38
Mar'20 Mar'21 Mar'22 Mar'23 9M Dec'23
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02 Business Overview

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Robust Order Book (Rs crore)

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20,825
20,044
15,548
11,743 11,732
Mar'20 Mar'21 Mar'22 Mar'23 Dec'23
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MULTI YEAR REVENUE VISIBILITY ORDERBOOK OF RS 20,825 CRORE

  • Secured orders worth over Rs 6,100 crore since April’23 to December’23

  • Clientele comprises of Government (50%), PSU (18%) and Private Sector (32%)

  • Established presence in India with 13 states / 2 union territories and is currently executing project in Sri Lanka and Bangladesh

  • India : 91.4% and Overseas : 8.6%

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Commitment, Reliability, Quality

Diversified Order Book (Rs crore)

Sectors Contract
Value
% Order
book
Maritime Structures 6,697 32.2%
Urban Infrastructure, MRTS and Airports 4,763 22.9%
Highway, Bridges and Flyovers 3,702 17.8%
Industrial Structures and Buildings 2,507 12.0%
Hydro, Dams, Tunnels and Irrigation 2,144 10.3%
Foundation and Specialist Engineering 586 2.8%
Water and Waste Water 426 2.0%
Total 20,825 100.0%

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ISO 9001:2015 (QMS), ISO 14001:2015 (EMS) and ISO 45001:2018 (OHS-MS) Expanding Horizons. Accelerating Growth

Maritime Structures

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Major Projects under execution

  • Marine project in Bangladesh

  • Balance Outer Harbour Works in Andhra Pradesh  Udangudi project in Tamil Nadu  Captive Oil Jetty at Kamarajar Port in Tamil Nadu

  • West Container Terminal in the Port of Colombo, Sri Lanka Rs

  • Piers, Landside Tunnels & Building in Karwar, Karnataka 6,697  Wharf and Approach trestle works at JNPT in Maharashtra crore  Rubble Mound Breakwater in Vizhinjam Port, Kerala

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Urban Infrastructure, MRTS and Airports

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Major Projects under execution

  • Underground tunneling and stations for metros in Chennai, Bengaluru, Mumbai and Kolkata

  • Elevated metro stations and buildings in Kolkata

  • Depot metro building in Surat

  • Modification & Refurbishment of terminal buildings in Ahmedabad airport

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Rs
4,763
crore
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Highways, Bridges and Flyovers

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Major Projects under execution

  • Six laning road project in Uttar Pradesh

  • Steel bridge over river Ganga in Uttar Pradesh

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Rs
3,702
crore
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Industrial Structures and Buildings

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Major Projects under execution

  • Redevelopment of Residential colony at Kasturba Nagar in New Delhi

  • Thal Sena Bhawan in Delhi  Piling and Civil work for Coke Oven Project at Hazira plant in Gujarat

  • Circuit bench of Calcutta High Court at Jalpaiguri in West Rs

  • Bengal 2,507

  • Aerospace museum at AF station in Palam, Delhi crore

  • Construction of buildings for Sikkim University

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Hydro, Dams, Tunnels and Irrigation

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Rs
2,144
crore
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Major Projects under execution

  • Railway tunnels in West Bengal and Sikkim

  • Civil & Hydro-Mechanical Works of 500 MW Hydel Power, Pumped Storage Project in Andhra Pradesh

  • Water conveyor system of lined gravity canal/tunnels in Telangana

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Commitment, Reliability, Quality
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Water and Waste Water | Foundation & Specialist Engineering

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Major Projects under execution Rs Rs
Major Projects under execution
 Water infrastructure project in Karwar, 426  586
Brahmaputra Riverfront development in
Karnataka
Guwahati, Assam
crore crore
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03

CSR Awards & Recognition

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Corporate Social Responsibility

Purchased books for students from low-income families Laptops/computers with digital classroom facilities for under privileged students School building extension with classrooms at Alanthalai village

Purchased life supporting medical equipment's and accessories for hospital

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Awards & Recognition

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Contact Information

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Corporate Office: Prima Bay, 9th Floor, Tower-B, Gate No. 5, Saki-Vihar Road, Powai, Mumbai - 400072

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Phone: +91 22 66931600

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Fax : +91 22 66931628

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www.itdcem.co.in

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[email protected]

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