Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Cemindia Projects Limited Investor Presentation 2025

Feb 12, 2025

61981_rns_2025-02-12_c3556baf-fd8a-4e8a-a9c8-b78d9f409eef.pdf

Investor Presentation

Open in viewer

Opens in your device viewer

==> picture [133 x 89] intentionally omitted <==

ITD Cementation India Limited

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’ BandraKurla Complex, Bandra (East), Mumbai 400 051.

Date Our Reference No. Our Contact Direct Line 12[th] February, 2025 SEC/02/2025 RAHUL NEOGI 91 22 67680814 [email protected]

Dear Sirs,

Sub: Unaudited Financial Results for the quarter and nine months ended 31[st] December, 2024 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, 2024.

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

Rahul Digitally signed by Rahul Neogi DN: c=IN, o=Personal, title=6712, pseudonym=AA1033A64D9F053BE262E00B3AA08E8D, 2.5.4.20=d6d0df5445796b87b8d90ab7a54ecb6fa930dd593fdf12cc80090f398780228b, postalCode=400101, st=Maharashtra, serialNumber=8D2A9ED0DFE2EEF0B6F68C1B48856DD103F7E3A97C4B25E6D1B16D812D7260A5, cn=Rahul Neogi Date: 2025.02.12 17:50:13 +05'30' Neogi

(RAHUL NEOGI) COMPANY SECRETARY

Encl: as above

ITD Cementation India Limited

Registered & Corporate Office : 9th 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 : L61000M H1978PLC020435

==> picture [60 x 60] intentionally omitted <==

==> picture [158 x 7] intentionally omitted <==

==> picture [158 x 6] intentionally omitted <==

==> picture [158 x 7] intentionally omitted <==

==> picture [158 x 7] intentionally omitted <==

==> picture [158 x 7] intentionally omitted <==

==> picture [158 x 6] intentionally omitted <==

==> picture [158 x 7] intentionally omitted <==

==> picture [158 x 7] intentionally omitted <==

==> picture [160 x 160] intentionally omitted <==

==> picture [96 x 48] intentionally omitted <==

==> picture [252 x 163] intentionally omitted <==

ITD Cementation India Limited Investor Presentation Q3 FY25 / 9M FY25

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

==> picture [112 x 36] intentionally omitted <==

==> picture [142 x 82] intentionally omitted <==

==> picture [75 x 46] intentionally omitted <==

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) Sustaining Growth. Expanding Horizons

==> picture [249 x 333] intentionally omitted <==

01 Company Overview

==> picture [263 x 221] intentionally omitted <==

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

3

Our History

==> picture [792 x 381] intentionally omitted <==

----- Start of picture text -----

Skanska AB
Branch office was Kvaerner ASA acquired ITD, acquired
converted into Cemindia acquired Trafalgar Kvaerner Skanska AB
The Cementation
House Plc. interest in
Company Limited Construction
India subsidiary
Company Limited, (named as renamed as Subsequently, the Group Limited. Skanska
U.K, operated a Cemindia Trafalgar House Company Subsequently, the Cementation India
branch in India
Company Construction changed its Company Limited.
Limited) of The India Limited name to changed its Thereupon, the
Cementation Kvaerner name to Company
Company Limited Cementation Skanska changed its
India Limited name to ITD
Cementation
Cementation
India Limited
India Limited
1931 1994 2001
1978 1998 2005
Over 90 years of rich industry experience
Cem 4
Commitment, Reliability, Quality ISO 9001:2015 (QMS), ISO 14001:2015 (EMS) and ISO 45001:2018 (OHS-MS) Sustaining Growth. Expanding Horizons
----- End of picture text -----

Italian-Thai Development Public Company Limited (ITD) – Promoter

  • 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

  • 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.

==> picture [314 x 295] intentionally omitted <==

==> picture [79 x 41] intentionally omitted <==

----- Start of picture text -----

Cem
Commitment, Reliability, Quality
----- End of picture text -----

5

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

Area of Operations

==> picture [719 x 214] intentionally omitted <==

----- Start of picture text -----

URBAN INFRASTRUCTURE, HIGHWAYS, BRIDGES AND
MARITIME STRUCTURES
MRTS AND AIRPORTS FLYOVERS
----- End of picture text -----

  • 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

Cem

Commitment, Reliability, Quality

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

6

Area of Operations

==> picture [779 x 214] intentionally omitted <==

----- Start of picture text -----

INDUSTRIAL STRUCTURES HYDRO, DAMS, TUNNELS FOUNDATION AND
WATER AND WASTE WATER
AND BUILDINGS AND IRRIGATION SPECIALIST ENGINEERING
----- End of picture text -----

  • 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

  • Slope Stabilization / Rock Anchors

  • Pipeline for Drainage Project

Cem Commitment, Reliability, Quality

7

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

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

==> picture [248 x 259] intentionally omitted <==

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)

==> picture [28 x 11] intentionally omitted <==

----- Start of picture text -----

Cem
----- End of picture text -----

Commitment, Reliability, Quality

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

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

8

Board of Directors

==> picture [131 x 131] intentionally omitted <==

Mr. Piyachai Karnasuta Chairman

==> picture [130 x 131] intentionally omitted <==

Mr. Santi Jongkongka Executive Vice Chairman

==> picture [131 x 131] intentionally omitted <==

Mr. Jayanta Basu Managing Director

==> picture [131 x 131] intentionally omitted <==

Ms. Jana Chatra Independent Director

==> picture [130 x 131] intentionally omitted <==

Mr. Sunil Shah Singh Independent Director

==> picture [131 x 131] intentionally omitted <==

Mr. Pankaj I.C. Jain Independent Director

Cem Commitment, Reliability, Quality

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

9

Shareholding Pattern*

Promoter,
46.6%
FII,
17.0%
Mutual
Funds incl.
AIF, 2.6%
Individual,
26.9%
Bodies
Corporate,
6.9%
*A Db 31 2024
Market Capitalisation of over Rs 9,100 crore as
on February 12, 2025
Listed on NSE and BSE
Strong institutional shareholding : ~20.0%
Market Capitalisation of over Rs 9,100 crore as
on February 12, 2025
Listed on NSE and BSE
Strong institutional shareholding : ~20.0%
TOP SHAREHOLDERS % holding
MASSACHUSETTS INSTITUTE OF TECHNOLOGY 3.0%
HITESH RAMJI JAVERI 2.3%
BLUE DIAMOND PROPERTIES PVT LTD 1.5%
ACADIAN EMERGING MARKETS 1.2%
238 PLAN ASSOCIATES 1.0%

*As on December 31, 2024

Cem Commitment, Reliability, Quality

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

10

02

Robust Financial Performance

==> picture [249 x 333] intentionally omitted <==

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

11

==> picture [792 x 446] intentionally omitted <==

----- Start of picture text -----

Performance Highlights – Q3 FY25
REVENUE EBITDA PAT
11% Rs 214 crore 11%
Rs 2,245 crore Rs 87 crore
Contract Value
Major order secured during the quarter
(Rs crore)
Near Shore Reclamation and Shore Protection for Greenfield Vadhvan Port at Dahanu in Maharashtra 1,648
Multistoried commercial building in Uttar Pradesh 1,641
Others 874
Total 4,163
Excluding taxes and duties
Cem 12
Commitment, Reliability, Quality ISO 9001:2015 (QMS), ISO 14001:2015 (EMS) and ISO 45001:2018 (OHS-MS) Sustaining Growth. Expanding Horizons
----- End of picture text -----

Consolidated Financials - Quarterly (Rs crore)

==> picture [763 x 351] intentionally omitted <==

----- Start of picture text -----

Revenue
2,381
2,258 2,245
2,017
1,991
Dec'23 Mar'24 Jun'24 Sep'24 Dec'24
EBITDA Profit After Tax
242
237
100
90 87
79
220 72
214
204
Dec'23 Mar'24 Jun'24 Sep'24 Dec'24
Dec'23 Mar'24 Jun'24 Sep'24 Dec'24
----- End of picture text -----

==> picture [792 x 40] intentionally omitted <==

----- Start of picture text -----

Cem 13
Commitment, Reliability, Quality ISO 9001:2015 (QMS), ISO 14001:2015 (EMS) and ISO 45001:2018 (OHS-MS) Sustaining Growth. Expanding Horizons
----- End of picture text -----

==> picture [792 x 446] intentionally omitted <==

----- Start of picture text -----

Performance Highlights – 9M FY25
REVENUE EBITDA PAT
21% 16% 41%
Rs 6,617 crore Rs 655 crore Rs 259 crore
Contract Value
Orders secured during the year
(Rs crore)
Near Shore Reclamation and Shore Protection for Greenfield Vadhvan Port at Dahanu in Maharashtra 1,648
Multistoried commercial building in Uttar Pradesh 1,641
Construction of residential colony in New Delhi (Phase II) 1,048
Third Berth (Jetty) at Dahej LNG Terminal in Gujarat 917
Others 1,116
Total 6,370
Excluding taxes and duties
Cem 14
Commitment, Reliability, Quality ISO 9001:2015 (QMS), ISO 14001:2015 (EMS) and ISO 45001:2018 (OHS-MS) Sustaining Growth. Expanding Horizons
----- End of picture text -----

Consolidated Financials - Yearly (Rs crore)

==> picture [792 x 384] intentionally omitted <==

----- Start of picture text -----

Revenue
7,718
6,617
5,091
3,809
2,728
Mar'21 Mar'22 Mar'23 Mar'24 9M FY25
809
EBITDA Profit After Tax
274
655 259
463
338 125
258
69
16
Mar'21 Mar'22 Mar'23 Mar'24 9M FY25
Mar'21 Mar'22 Mar'23 Mar'24 9M FY25
Cem 15
Commitment, Reliability, Quality ISO 9001:2015 (QMS), ISO 14001:2015 (EMS) and ISO 45001:2018 (OHS-MS) Sustaining Growth. Expanding Horizons
----- End of picture text -----

Consolidated Financials - Yearly (Rs crore)

==> picture [792 x 375] intentionally omitted <==

----- Start of picture text -----

Networth Debt
1,724 963
862
1,498
725
1,242
1,135
1,069
515
409
Mar'21 Mar'22 Mar'23 Mar'24 Dec'24
Mar'21 Mar'22 Mar'23 Mar'24 Dec'24
Gross Debt to Equity
0.58 0.58
0.56
0.45
0.38
Mar'21 Mar'22 Mar'23 Mar'24 Dec'24
Cem 16
Commitment, Reliability, Quality ISO 9001:2015 (QMS), ISO 14001:2015 (EMS) and ISO 45001:2018 (OHS-MS) Sustaining Growth. Expanding Horizons
----- End of picture text -----

==> picture [249 x 333] intentionally omitted <==

02 Business Overview

==> picture [263 x 221] intentionally omitted <==

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

17

Robust Order Book (Rs crore)

==> picture [783 x 187] intentionally omitted <==

----- Start of picture text -----

20,044 19,918 19,893
15,548
11,732
Mar'21 Mar'22 Mar'23 Mar'24 Dec' 24
----- End of picture text -----

MULTI YEAR REVENUE VISIBILITY ORDERBOOK OF RS 19,893 CRORE

  • Secured orders worth ~Rs 6,370 crore in FY25 till date

  • Clientele comprises of Government (50%), PSU (8%) and Private Sector (42%)

  • Established presence in India with 13 states / 1 union territory and is currently executing project in Sri Lanka and Bangladesh

Cem Commitment, Reliability, Quality

18

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

Diversified Order Book (Rs crore)

Sectors Contract
Value
% Order
book
Maritime Structures 7,174 36.1%
Industrial Structures and Buildings 4,627 23.3%
Urban Infrastructure, MRTS and Airports 3,151 15.8%
Highway, Bridges and Flyovers 2,045 10.3%
Hydro, Dams, Tunnels and Irrigation 1,732 8.7%
Foundation and Specialist Engineering 764 3.8%
Water and Waste Water 400 2.0%
Total 19,893 100.0%

Cem Commitment, Reliability, Quality

19

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

Maritime Structures

==> picture [389 x 179] intentionally omitted <==

==> picture [389 x 179] intentionally omitted <==

Major Projects under execution

==> picture [272 x 108] intentionally omitted <==

----- Start of picture text -----

|||
|---|---|
||Marine project in Bangladesh|
||Balance Outer Harbour Works in Andhra Pradesh|
||Third Berth (Jetty) at Dahej LNG Terminal in|
|Gujarat|
||Captive Oil Jetty at Kamarajar Port in Tamil Nadu|

----- End of picture text -----

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

  • Near Shore Reclamation and Shore Protection for Greenfield Vadhvan Port at Dahanu in Maharashtra 7,174 crore

  • Piers, Landside Tunnels & Building in Karwar, Karnataka  Udangudi project in Tamil Nadu

Cem

Commitment, Reliability, Quality

20

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

Industrial Structures and Buildings

==> picture [389 x 174] intentionally omitted <==

==> picture [389 x 174] intentionally omitted <==

Major Projects under execution

  • Redevelopment of Residential colony at Kasturba Nagar in New Delhi – PH I and PH II

  • Thal Sena Bhawan in Delhi

  • Piling and Civil work for Coke Oven Project at Hazira plant in Gujarat

  • Multistoried commercial building in Uttar Pradesh

  • Aerospace museum at AF station in Palam, Delhi

  • Circuit bench of Calcutta High Court in West Bengal

==> picture [123 x 125] intentionally omitted <==

----- Start of picture text -----

Rs
4,627
crore
----- End of picture text -----

Cem

Commitment, Reliability, Quality

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

21

Urban Infrastructure, MRTS and Airports

==> picture [389 x 180] intentionally omitted <==

==> picture [389 x 179] intentionally omitted <==

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

==> picture [123 x 125] intentionally omitted <==

----- Start of picture text -----

Rs
3,151
crore
----- End of picture text -----

==> picture [28 x 11] intentionally omitted <==

----- Start of picture text -----

Cem
----- End of picture text -----

Commitment, Reliability, Quality

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

22

Highways, Bridges and Flyovers

==> picture [779 x 212] intentionally omitted <==

Major Projects under execution

  • Six laning road project in Uttar Pradesh

==> picture [123 x 125] intentionally omitted <==

----- Start of picture text -----

Rs
2,045
crore
----- End of picture text -----

==> picture [28 x 11] intentionally omitted <==

----- Start of picture text -----

Cem
----- End of picture text -----

Commitment, Reliability, Quality

23

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

Hydro, Dams, Tunnels and Irrigation

==> picture [389 x 191] intentionally omitted <==

==> picture [389 x 191] intentionally omitted <==

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

==> picture [123 x 125] intentionally omitted <==

----- Start of picture text -----

Rs
1,732
crore
----- End of picture text -----

==> picture [28 x 11] intentionally omitted <==

----- Start of picture text -----

Cem
----- End of picture text -----

==> picture [675 x 10] intentionally omitted <==

----- Start of picture text -----

Commitment, Reliability, Quality ISO 9001:2015 (QMS), ISO 14001:2015 (EMS) and ISO 45001:2018 (OHS-MS) Sustaining Growth. Expanding Horizons
----- End of picture text -----

24

Water and Waste Water | Foundation & Specialist Engineering

==> picture [389 x 204] intentionally omitted <==

==> picture [389 x 204] intentionally omitted <==

==> picture [519 x 165] intentionally omitted <==

----- Start of picture text -----

Rs Rs
Major Projects under execution
400 764
 AAI Subway in Kolkata, West Bengal
crore crore
 Piling work for JSW, Utkal in Odisha
25
----- End of picture text -----

Major Projects under execution

  • Water infrastructure project in Karwar, Karnataka

  • Micro-tunneling project in Ahmedabad, Gujarat

==> picture [28 x 11] intentionally omitted <==

----- Start of picture text -----

Cem
----- End of picture text -----

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

Commitment, Reliability, Quality

==> picture [249 x 333] intentionally omitted <==

03

CSR Awards & Recognition

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

26

Corporate Social Responsibility

==> picture [308 x 127] intentionally omitted <==

Vocational training centre

==> picture [229 x 127] intentionally omitted <==

==> picture [239 x 126] intentionally omitted <==

Cancer and Cataract surgeries

==> picture [307 x 144] intentionally omitted <==

Digital classroom initiatives

==> picture [252 x 149] intentionally omitted <==

==> picture [209 x 149] intentionally omitted <==

Residential buildings for persons with Toilet for school children in village Autism

==> picture [28 x 11] intentionally omitted <==

----- Start of picture text -----

Cem
----- End of picture text -----

Commitment, Reliability, Quality

27

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

Awards & Recognition

==> picture [792 x 383] intentionally omitted <==

----- Start of picture text -----

Cem
28
Commitment, Reliability, Quality ISO 9001:2015 (QMS), ISO 14001:2015 (EMS) and ISO 45001:2018 (OHS-MS) Sustaining Growth. Expanding Horizons
----- End of picture text -----

==> picture [112 x 36] intentionally omitted <==

Contact Information

==> picture [169 x 98] intentionally omitted <==

==> picture [46 x 36] intentionally omitted <==

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

==> picture [45 x 37] intentionally omitted <==

Phone: +91 22 66931600

==> picture [47 x 36] intentionally omitted <==

Fax : +91 22 66931628

==> picture [75 x 46] intentionally omitted <==

==> picture [47 x 36] intentionally omitted <==

www.itdcem.co.in

==> picture [46 x 37] intentionally omitted <==

[email protected]

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

29