ITD Cementation: Overview

ITD Cementation
Company Presentation
Strictly Private and Confidential
August 2014
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proposal.
Strictly Private and Confidential
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2
Table of Contents
ITD Cementation Overview
4
2.
Parent Business Overview: Italian-Thai Development Public Co.
10
3.
ITD Cementation Business Operations
13
4.
Key Financials
21
5.
Investment Highlights
25
6.
Business Strategy
29
Strictly Private and Confidential
1.
3
Strictly Private and Confidential
Company Overview
4
Entity Map
Italian-Thai Development Public Company Ltd.
69.57%
ITD Cementation India Limited
Wholly Owned
Subsidiary
Jointly Controlled
Entities
Strictly Private and Confidential
95%
ITD Cementation
Projects India Ltd.
ITD Cem
Maytas
Consortium
80%
ITD Cemindia
JV
Design and
execution of water
conveyor system
Source : Company
1. Mass Rapid Transit Systems
Engaged in civil engineering and
construction of maritime works, highways,
bridges & flyovers, metros, airports, hydrotunneling, dams & canals, water & waste
water, industrial civil works and specialist
engineering projects
Construction of
road projects
5
49%
ITD-ITDCem JV
Construction of
MRTS1 and water
projects
40%
ITD-ITDCem JV
(Consortium of
ITD-ITD
Cementation)
Construction of integrated
passenger terminal
building at Netaji Subash
Chandra Bose
International airport
(Kolkata)
Company Overview
Business Description
ITD Cementation
Key Areas of Operation


 ITD Cementation (“ITDCEM”, “Company”) is a
subsidiary of Thailand-based Italian-Thai
Development Public Company (“ITD”), which
holds 69.57% stake as on 30 June, 2014
Business
Overview
 A leading civil engineering, contracting and
construction organization providing integrated
design, engineering, procurement and
construction services, for over eight decades,
for infrastructure development projects in India
ITDCEM’s Key
Stats





Order Book: Rs 38,208 Mn as on June 30, 2014
CY 2013 Revenues: Rs 15,841 Mn
Market Capitalization: Rs 4,147 Mn(1)
Headquarters: Mumbai, India
Employees: 1,759 as on July 31, 2014






Maritime structures
Hydroelectric power projects, tunnels, dams and irrigation
projects
Urban infrastructure projects/mass rapid transit systems
Highways, bridges and flyovers
Industrial civil works
Specialist engineering works
Water and waste water
Airports
Historical Financial Performance (Consolidated) (2)
(Rs Mn)
14,746
Strictly Private and Confidential
Parent Company
17,122
14,622
15,841
11.60%
 ITD is one of the leading contracting
organizations in South East Asia
 ITD is the largest * civil engineering and
construction firm in Thailand
9.70%
9.30%
Note :
* As measured by total revenues of construction companies listed on
the Stock Exchange of Thailand
CY09
9.60%
CY10
10.30%
CY11
Net Revenue
Sources: Annual reports, BSE
Note 1: Market data as on 12 August, 2014 from BSE
Note 2: Fiscal year ending December
16,509
6
CY12
EBITDA Margin
CY13
Brief History
• Established as branch
office of The
Cementation Company
Limited, United
Kingdom
• Kvaerner ASA acquired
Trafalgar House Plc in
1996
• Cemindia Company
Limited changed its
name to Kvaerner
Cementation India
Limited
• ITD, acquired Skanska AB
interest in Skanska
Cementation India Limited
• Skanska Cementation India
Limited changed its name to
ITD Cementation India
Limited
1996
-98
1931
1978
Strictly Private and Confidential
• Incorporated in India
as Cemindia Company
Limited
Source : Company Annual report, SEBI
1994
• Cemindia Company
Limited renamed as
Trafalgar House
Construction India Limited
to reflect relationship with
its then parent
• Construction of a
diaphragm wall by a
single agency on both
banks of river
Sabarmati,
Ahmedabad
200405
200001
• Construction of Impounded Wet Basin
at Mazagon Dock, Mumbai and Dry
Dock in GRSE, Kolkata
• Construction of Dedicated Water
Transmission Main for Kolkata
Municipal Corporation
2012
2005
200607
• Skanska AB acquired
Kvaerner Construction
Group Limited
• Kvaerner Cementation
India Limited changed its
name to Skanska
Cementation India Limited
7
• Raised Rs. 564 Mn through
rights issue in October
2006
• Raised Rs. 2,447 Mn
through rights issue in
December 2007
2013
• Completion of
construction of double
tier elevated structure for
Jaipur Metro
• Construction of integrated
passenger terminal at
Kolkata Airport in joint
venture with ITD
Experienced Management
Board of Directors
Mr. Premchai
Karnasuta
Chairman
 Director and Chairman of the Company since 2004 and serves as the President and Director of ITD (promoter company)
 More than 3 decades of experience in infrastructure construction industry
Mr. Pathai
Vice
 Director and Vice Chairman of the Company since 2004 and also the Director and Senior EVP of ITD (promoter company)
Chakornbundit
Chairman
 Holds experience of more than 4 decades in the construction industry
Managing
 Director of the Company since 2009 and Managing Director of the Company from 2010
Director
 More than 3 decades of experience in Civil Engineering and Construction Project Management
Mr. Adun Saraban
Mr. Per Hofvander
Independent
Director
 Director of the Company since 2005
 Has more than 4 decades of experience in Civil Engineering and has exposure in many overseas projects and international
businesses
 Director of the Company since 1983
Mr. Darius Erach
Independent
 He is Solicitor and Advocate of Bombay High Court and a Solicitor of the Supreme Court of England
Udwadia
Director
 Has spent over 49 years in active law practice and has significant experience in areas like corporate law, joint ventures, merger
and acquisition, corporate restructuring, foreign collaboration etc.
Mr. Deba Prasad Roy
Independent
Director
 Director of the Company since 2007
 He was the Ex-Chairman of SBI Capital Markets Limited and has a rich and wide experience in Corporate, International and
Investment Banking Sector spanning over 40 years. Has held various senior executive and managerial posts in SBI
Strictly Private and Confidential
Key Management Personnel
Mr. S. Ramnath
Mr. Rameshwardas
Daga
Source: Annual Report
Exec.Vice-
 He is the Executive Vice President and Chief Financial Officer of the Company
President and
 Responsible for the overall accounting, finance, audit and taxation areas
CFO
 Has over 35 years experience in accounting, corporate finance, investment banking and equity research
Senior Vice
 He is the Senior Vice President and the Company Secretary of ITD Cementation India Limited
President and
 Joined our Company in 1979
CS
 He has over 35 years of experience in handling company law and related legislations
8
Select Awards and Certificates
Accreditation
Strictly Private and Confidential
Awards
•Quality Management
Systems (ISO 9001-2008)
•Environment
Management Systems
(ISO 14001-2004)
•Occupational Health &
Safety Management
System(OHSAS 180012007)
Safety
Trophy from
BASF GIR
Project,
Dahej
Best Airport
Project
Safety
Trophy from
Mazgaon
Dock Ltd
ACCE
Sarvamangala
Award for
Nhava Sheva
container
terminal
Source : Annual report, Company
Certificates
Appreciation
Letter from
National Safety
Council of India
Achievement
Award for Best
Professionally
Managed
Company
9
Achievement
Award for Best
Construction
Project,
Sabarmati
Riverfront
Best Construction
Project for
Integrated
Passenger
Terminal Building,
Kolkata
Strictly Private and Confidential
Parent Overview
10
Italian-Thai Development Company Limited

ITD is the largest (1) civil engineering and construction firm in Thailand

ITD’s market share of the total construction industry revenues was 23.87% and 35.54%
in 2013 and 2012 respectively

Total revenues of ~Rs. 83Bn* in FY 2013 (~30% from international operations)

Global workforce > 28,000 employees

Geographic spread includes Bangladesh, Cambodia, Lao PDR, Indonesia, Myanmar,
Taiwan High Speed Railway
Philippines, Madagascar and Taiwan other than India providing ITDCEM with
international exposure

Provides the company (ITDCEM) with access to its technologies and know-how, skilled
personnel as well as international design and engineering organisations
Note :
1) As measured by total revenues of construction companies listed on the Stock Exchange of Thailand
Bangkok mass rapid transit system
Strictly Private and Confidential
Major Areas of Operations

Buildings

Industrial Plants

Pipelines and Utility Works

Highways, Railways, High Speed Rails,
Viaducts, Trackworks, MRT Systems,
Bridges and Expressways

Airports, Ports and Marine Works

Dams, Tunnels and Power Plants

Steel Structures

Telecommunications

Mining
Suvarnabhumi International Airport
MNC parent provides diverse experience, qualifications as well as access to new construction techniques
Source : ITD Annual report, Company
* 1 Baht = Rs. 1.91 as on 12th August, 2014
11
Italian-Thai Development Company Limited – Pan Asia Presence
Fairmont Hotel
Sepon Copper Project
Nam Theun 2 Hydro-Electric Project
Mekong Connection International Bridge II&III
Vientiane to Luang Prabang Road
Kol Dam Hydro-electric Power Project
West Bengal WB1
Elevated MRT (BC21)
Can Tho – An Giang – Phnom Penh
Road
Underground MRT (BC24)
Underground MRT (Kolkata)
Track Work Bangalore
Taiwan High Speed Railway
China
Kolkata Airport
Nan Kang Underground
Station
Jaipur Metro
India
UAE
Palm Lagoona Condominium and
Resort Project
Taiwan
Bangladesh
Sihanoukville Port
Rehabilitation Phase II
Myanmar
Laos
Thailand
Rupsa Bridge
Vietnam
Cambodia
Hulhumale Stage 1, Road Work
Maldives
Philippines
Sri lanka
Malaysia
Liloan-Sanricardo Road
Project
Suyo-Cervantes Road
Project
Strictly Private and Confidential
Mandalay International Airport
Mawtaung Coal Mine
Indonesia
Mai Khot Power Plant
* Map not to scale
MTU Mining Project
(By PT Thailindo)
D’ Rapport
International projects have contributed ~30% of the Company’s revenues (2013)
ITD has ~24% market share in Thailand, twice as large as its nearest competitor
Source : Company, Annual report
12
Strictly Private and Confidential
Business Operations
13
Maritime Structures (26.32% of Order Book as on June 30, 2014)
Scope
Key Projects Completed
 Construction of jetties, dolphins
and service platforms
 Mazagon Dock Wet Basin
Modernisation Project
 Construction of quay, berths on
concrete and steel piles as well
as solid gravity type wharf
structures
 Garden Reach – Shipyard
Modernisation for GRSE
 Construction of shiplift, dry
dock, wet basin and inclined
berth
Projects Under Execution
 Maritime facilities at Karanja
Order Book (Rs Mn)
As on 30 June, 2014
 Coal berth no.3 at Ennore port
 Liquid Chemical Handling Jetty,
Dahej for GCPTCL
 SICAL Iron Ore Terminal at
Ennore Port for Sical Iron Ore
Terminals Ltd.
 330 meter wharf structure at
Nhava Sheva (India) Gateway
Terminal, JNPT DP World - Wharf
Rs. 10,058 Mn
 Container berths (3A, 3B & 4A)
for JSW Jaigarh port limited at
Jaigarh
Strictly Private and Confidential
 Building of jetties for handling
liquid and solid cargo, wharfs,
berths and quays for handling of
containers
SICAL Iron Ore Terminal, Ennore
Source : Company
Chemical handling jetty for Gujarat Chemical and
Port Terminal, Dahej
14
Mazagon Dock Limited, Mumbai
Hydro / Dams / Tunnels / Irrigation (18.39% of Order Book as on June 30, 2014)
Scope
Key Projects Completed
Projects Under Execution
Order Book (Rs Mn)
 Construction of concrete, earth
fill and rock fill dams and
tunnels
 Leshka Hydroelectric Project for
Meghalaya Energy Corporation
Ltd.
As on 30 June, 2014
 Construction of hydro electric
power projects
 Broad Gauge Tunnel 2 & 3
between Udhampur & Katra
Sections in Jammu & Kashmir for
Northern Railway
 Tunnels between Kauri & Dugga
on Katra-Dharam section of
Udhampur-Srinagar-Baramulla
new broad gauge railway line
project (Jammu and Kashmir)
 Arphal Tunnel, Satara for
Maharashtra Krishna Valley
Development Corporation Pune
Rs. 7,025 Mn
 Civil works for construction of
new UMTRU Hydro Electric
Project in Meghalaya
Strictly Private and Confidential
 Mansi Wakal Dam Project for
Hindustan Zinc Ltd in Rajasthan
Tunnel work for Leshka hydro power project
Source : Company
Pranahita - Adit Tunnel-Hard Rock Excavation
Completed Stretch
15
Mansi Wakal Dam Project, Rajasthan
Urban Infrastructure Projects / MRTS (18.33% of Order Book as on June 30, 2014)
Scope
 Construction of Mass Rapid
Transit Systems and Airports
(integrated passenger terminals
and allied services)
Key Projects Completed
Projects Under Execution
 Gurgaon Corridor on Line 3 for
DMRC, Delhi
 Central Secretariat – Badarpur
Line for DMRC, Delhi
 Construction of Elevated Road &
Metro Viaduct for Jaipur Metro
 Design and construction of
underground section, Kolkata
Metro
 Design and construction of
tunnels under Delhi MRTS
Project of Phase-III
Order Book (Rs Mn)
As on 30 June, 2014
Rs. 7,003 Mn
 Bangalore Metro Rail Project –
Track 2 for BMRC
Strictly Private and Confidential
 Chennai Metro
Tunnel work for DMRC
Source : Company
Bangalore Metro Rail Project
16
Jaipur Metro Rail Project
Highways, Bridges and Flyovers (15.05% of Order Book as on June 30, 2014)
Scope
Key Projects
Projects Under Execution
Order Book (Rs Mn)
 Construction of roads, bridges,
and flyovers
 Park Street & Lockgate Flyover,
Kolkata
 Development of corridor (outer
ring road) between Mangolpuri
to Madhuban chowk, Delhi
As on 30 June, 2014
 Construction of six lane link road
between national highway 24
(bypass) and national highway
58 at Ghaziabad including road
over bridges (excluding railway
portion) on Delhi Howrah rail
track, Uttar Pradesh
Rs. 5,750 Mn
 Elevated Road from Jagraon
Bridge to Chand Cinema on Old
GT Road, Ludhiana
 4 Lane Road Project in Madhya
Pradesh
Strictly Private and Confidential
 Road Bridge between Amona &
Khandola, Goa
Park Street Flyover, Kolkata
Source : Company
Elevated road, Ludhiana
17
Road bridge, Goa
Industrial Civil Works (12.01% of Order Book as on June 30, 2014)
Scope
Key Projects Completed
Projects Under Execution
Order Book (Rs Mn)
 Construction of civil structures
for refineries, petrochemicals,
power, steel and fertilizer plants
 Construction of Raw water
Intake Building and Channel for
Ultra Mega Power Project,
Sasan, Madhya Pradesh
 Civil & structural works of pipe
over bridges for Dharna River
crossings for CCPL Nasik,
Maharashtra
As on 30 June, 2014
 Cryogenic Ethylene Storage
System for OPAL Dahej Project
 Construction of new Haj Tower
Complex with tower building
including all civil works in
Kolkata
 Ammonia Expansion Project at
Phulpur, U.P.
Strictly Private and Confidential
 Conventional Buildings Works for
GIR Project of BASF
Raw water intake building, Sasan
Source : Company
OPAL Project, Dahej
18
Rs. 4,588 Mn
 Construction of Intake Pump
House in Raigarh, Chhattisgarh
Raft foundation, Orissa
Specialist Engineering Works (7.40% of Order Book as on June 30, 2014)
Scope
Key Projects Completed
Projects Under Execution
 Foundation and specialist works
including 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
 Construction of diaphragm wall
and capping beam / tie beam for
the proposed residential building
at Wadala, Mumbai
 Construction of substructure and
superstructure works at
proposed club house, New Cuffe
Parade Wadala Project
 Casting of precast pile, driving
of precast pile, load test of
precast pile
 Shore piling and substructure
works for Shushrusha Hospital
 Deep piling works for
Krishnapatnam thermal power
project
Order Book (Rs Mn)
As on 30 June, 2014
Rs. 2,826 Mn
 Piling work for Visakhapatnam
Steel Plant, Visakhapatnam,
Andhra Pradesh
Strictly Private and Confidential
 Sabarmati River Front
Corporation, Ahmedabad
Chennai Box Pushing Project
Source : Company
Diaphragm wall and civil works at Dahej
19
Foundation BASF, Dahej
Water and Waste Water
Other (2.51% of Order Book as on June 30, 2014)
Scope
Key Projects
• Design, Construction, Supply,
Installation, Commissioning of
water treatment plants
• Laying of Tallah-Palta dedicated
water transmission main, Kolkata
Airports
• Construction of airports
Strictly Private and Confidential
• Laying of water trunk main and
laying of sewer line by
microtunelling method, Kolkata
Order Book (Rs Mn)
As on 30 June, 2014
Rs. 893 Mn
• Ground Water Treatment Plants,
Agartala
Scope
Water transmission line at Tallah Palta, Kolkata
Source : Company
Projects Under Execution
Projects Under Execution
• Construction of integrated
passenger terminal building at
Kolkata Airport
Clariflocculator Wall at Agartala
20
Order Book (Rs Mn)
As on 30 June, 2014
Rs. 65 Mn
Kolkata Airport Terminal Building
Strictly Private and Confidential
Key Financials
21
Financial Performance: Consolidated
Net Revenues (1) (Rs Mn)
EBITDA (Rs Mn)
3,000
18,000
15%
17,122
12%
17,000
16,509
15,841
16,000
2,000
9%
14,746
10%
1,912
1,668
1,379
15,000
10%
12%
10%
1,625
9%
1,404
6%
14,622
1,000
14,000
3%
13,000
2009
2010
2011
2012
2013
0%
2009
2010
226
2013
15.0%
220
12.1%
200
12.0%
10.5%
10.9%
2009
2010
11.9%
10.0%
9.0%
150
Strictly Private and Confidential
2012
ROCE (2)
PAT (Rs Mn)
250
2011
94
100
93
6.0%
54
3.0%
50
0.0%
2009
2010
2011
2012
2013
Source : Annual Report
22
Notes:
1)Net Revenues = Total Revenues – Other Income
2) ROCE is defined as Return on Capital Employed and calculated as EBIT/ Capital Employed. Capital Employed = Net Worth + Total Debt. EBIT excludes Other Income
2011
2012
2013
Summary Financials – Consolidated P&L
Order Book
Rs Mn
Net Revenues
Growth
Operating Expenses
Rs Mn
%
Rs Mn
(1)
Rs Mn
%
Rs Mn
Rs Mn
%
Rs Mn
Rs Mn
Rs Mn
%
Rs Mn
Rs Mn
%
Rs Mn
%
2010
35,366
2011
29,070
2012
28,911
2013
38,210
HY2014
38,208
14,746
14,622
-1%
13,218
17,122
17%
15,454
16,509
-4%
14,597
15,841
-4%
14,216
7,971
-4%
7,419
1,404
9.6%
418
985
6.7%
140
918
207
1.4%
113
94
0.6%
512
3.5%
1,668
9.7%
420
1,247
7.3%
94
1,060
282
1.6%
56
226
1.3%
646
3.8%
1,912
11.6%
506
1,405
8.5%
100
1,195
311
1.9%
91
220
1.3%
726
4.4%
1,625
10.3%
442
1,183
7.5%
340
1,283
239
1.5%
146
93
0.6%
535
3.4%
551
6.9%
197
354
4.4%
155
668
(159)
-2.0%
(33)
(127)
-1.6%
71
0.9%
13,367
1,379
9.3%
483
896
6.1%
113
850
159
1.1%
105
54
0.4%
537
3.6%
Strictly Private and Confidential
EBITDA
Margin
Depreciation
EBIT
Margin
Other Income
Interest
PBT
Margin
Tax
PAT
Margin
Cash Profit
Margin
2009
28,641
Source : Annual report and Results press release
Note
1) EBITDA excludes Other Income
23
Summary Financials – Consolidated Balance Sheet
Equity
Borrowings
Capital Employed
Cash
Net Debt
Current Assets
Current Liabilities
Total Assets
Rs Mn
Rs Mn
Rs Mn
Rs Mn
Rs Mn
Rs Mn
Rs Mn
Rs Mn
Net Debt/ Equity
Asset Turnover
Current Assets/ Current Liabilities
ROCE
ROE
x
x
x
%
%
2009
3,539
5,004
8,543
406
4,598
10,857
4,263
12,805
2010
3,613
5,468
9,081
491
4,978
12,099
5,289
14,370
2011
3,812
6,509
10,320
379
6,129
13,499
6,848
17,212
2012
4,005
7,834
11,839
368
7,466
14,058
6,015
17,905
2013
4,084
7,695
11,779
319
7,376
14,525
6,783
18,604
HY2014
3,958
7,557
11,515
686
6,871
15,632
7,829
20,127
1.3x
1.2x
2.5x
10.5%
1.5%
1.4x
1.0x
2.3x
10.9%
2.6%
1.6x
1.0x
2.0x
12.1%
5.9%
1.9x
0.9x
2.3x
11.9%
5.5%
1.8x
0.9x
2.1x
10.0%
2.3%
1.7x
0.8x
2.0x
6.2%
NM
Strictly Private and Confidential
Note
1) ROCE is defined as Return on Capital Employed and calculated as EBIT/ Capital Employed. Capital Employed = Net Worth + Total Debt. EBIT excludes Other Income
2) ROCE and Asset Turnover for HY2014 is annualized
Source : Annual report and Results press release
24
Strictly Private and Confidential
Investment Highlights
25
Investment Highlights
1
 ITD is an established EPC company currently executing 109 projects across 27 states in India
A pure play EPC player with strong order
book across geographies
2
 Company’s total outstanding Order Book as on June 30, 2014 was INR 38,208 Mn
 Current order book spread across various segments
Diversified presence across EPC segments
 Maritime structures: 26.32%, Urban Infrastructure Projects/ MRTS 18.33%, Hydro/ Dams/ Tunnels/ Irrigation 18.39%,
Highways, Bridges and Flyovers 15.01%, Industrial civil works 12.01%, Other (Water & Waste Water / Airports) 2.51%
3
MNC parentage that provides access to
technology and experience
 The promoter of the Company, ITD, is one of the leading infrastructure company in Thailand and one of the largest civil
engineering contractors in South East Asia
 Through its parent, ITDCEM has access to major international design and engineering organizations and leading
construction groups to support pre-qualification and execution of major projects
 More than eight decades of construction experience
4
Proven track record in the construction
industry and led by an experienced
management team
 Have executed various marquee projects including Birla Copper & the Gujarat Chemical Jetties at Dahej, Shiplift Facility for
Seabird, Karwar, 2nd Container Terminal at Chennai, Elevated viaduct, and underground tunnels and stations at Delhi
Metro
 Experienced professional senior management team, supported by a talented pool of employees
 Strong and experienced work force of 1,759 employees as of July 31, 2014
 ITD Cementation has an established reputation for efficient planning and on-time execution of projects
Strictly Private and Confidential
5
Established reputation for on-time
execution of large and complex projects
 Skilled manpower and management, good organizational processes and professional approach to risk mitigation assists
the Company in managing multiple, large and complex projects
 Access to modern technologies, processes and skills, through its parent and otherwise, assists in delivering
6
Technological prowess
supplemented by an asset base of
specialized equipment
comprehensive, value engineered solutions to clients
 Owns a fleet of equipment and tools including modern equipment for flyover construction, concrete production and
movement, marine gantries, modern hydraulic piling plant etc. resulting in improved efficiencies and reduced dependence
on rented machinery
26
Order Book Position
Order Book to Net Revenues
Order Book Segment Split (30 June, 2014)
60,000
3.0
Order Book
OB/ Sales
2.4
Work in Hand Order Book (Rs Mn)
2.4
45,000
1.9
35,366
30,000
Rs.38,208 Mn
2.5
28,641
1.7
29,070
1.8
38,210
Industrial civil
works
12%
2.0
Highways,
bridges and
flyovers
15%
1.5
28,911
1.0
Strictly Private and Confidential
15,000
0.5
-
2009
Source : Annual Report
2010
2011
2012
Specialist
engineering
works
8%
2013
27
Other
3%
Maritime
structures
26%
Urban
infrastructure
projects/MRTS
18%
Hydro/ tunnels/
dams and
irrigation
18%
Machinery and Manpower Base

Strong and experienced work force of 1,759 employees as of July 31, 2014

Equipment is fairly new with average equipment age of around 4 years
No. of
Employees
% of Employees
Managers
281
16%
Executives
454
26%
Supervisory Staff
942
54%
82
4%
1,759
100%
ITDCEM employees (excluding JV)
Non-supervisory Staff
Total permanent employees
Strictly Private and Confidential
Plant & Machinery (1)
Rs Mn
Gross Block
4,911
Net Block
2,029
Source : Annual report
Note 1: As on 31 December, 2013
Equipments (1) (Excluding JV Assets)
Hydraulic and rotatory rigs
39
Cranes
60
Excavators
16
Crushers
Batching plants
5
36
Sensor Pavers
7
Hot Mix Plants
5
Concrete Pump
34
DG Set
103
Gantry
22
Launching Girder I / segment
28
Number of
units
3
Strictly Private and Confidential
Business Strategy
29
Strategy
Improving our
productivity and
competitiveness
Consolidate position in
infrastructure space
Expand areas of
construction offering
significant growth
opportunities in the
country
Development of human
resources and skills
enhancement
Further strengthen
financial capabilities
to take up major
construction projects
and infrastructure
development activities
Strictly Private and Confidential
Expand into
infrastructure
development through
participation in key
projects
Continue to enhance
our core strengths
such as execution
capability with
appropriate systems,
processes and on- site
working
Source: Company
ITDCEM
Strategy
30
Diversifying into new
geographies
Strictly Private and Confidential
Thank You
31

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