Indu Group Profile

8/14/2019 Indu Group Profile

1/20

Indu Projects LtdIndu Projects Ltd

Corporate Profile


2/20

Highlights

Established in 2001 by I. Syam Prasad Reddy

To be a premier infrastructure

company

that builds value through

Vision

*unaudited

Investment by Credit Suisse, Citigroup and IDFC

at the entity level

Revenues FY08 Rs. 13,065 million

Revenues FY09 Rs. 19,600 million* innovation & next practices

and seeks to grow by

caring and sharing


3/20

2007-2008

2009-2012

Diversified core-

Large scale Technology

driven core-infraprojects in the areas of:

Growth Path

Foray into real estate

developments

Core infra projects

(water, irrigation, roads)Third party construction

contractors for

Government urban-infrastructure projects

2001-2003

2003-2006

infrastructure

capabilities

End-to-end solutions

provider

Launched Premium and

Middle size real estate

projects

Special Economic

Zones of IT/ITES

Domain

NHAI Highways

construction

ower

Generation

Transmission

Distribution

Contract Coal

Mining

ProposedDedicated Rail

Freight Corridor

(DRFC) projects


4/20

Business Strengths

Proven Execution

Capability

Successful 7 year track record

In-house design and construction capabilities

Strong brand name

Management Track Record

Experience

First generation entrepreneurs

Strong and experienced management teams

Well Diversified

Business Model

Focus on Infrastructure

Offers endtoend services for value maximization

Diversity lends stability to earnings and hedge against risks


5/20

Geographical Spread

Delhi

Lucknow

Jhansi

Increasing

presence in high

growth

geographies

Bhusawal

Pune

Nagpur

Hyderabad

Krishnapatnam

Srikakulam

Bhubaneshwar

Rajahmundry

Trichy

Bengaluru

Mangalore

Chhatisgarh

Tirupati


6/20


7/20

Current External Outstanding Order Book INR 41,181 Mn

Outstanding Order Book

20,000

25,000

Order Backlog 1.04.09 (INR Mn)

Buildings 10700 MnCore Infra 21010 Mn

51.7%

Future Strategy entry into high growth areas

-

5,000

10,000

15,000

Buildings Core Infra Energy

Energy 9881 Mn

Total - INR 41,591 Mn

.

21.9%


8/20

Contribution of sectors to Order Book

Outstanding Order Book

1

2

3

4

1

2

3

4

Current 2010 Estimated %

Buildings 26 10700 09 5820

Core Infra 51 21010 38 24430

Energy 22 9471 47 30880

Mining 01 410 06 3900

TOTAL 41591 65030

Current % Fig. in Rs Mn 2010 Estimated % Fig. in Rs Mn


9/20


10/20

Focus Domains

Transportation

NH 45 Road project, TN

DSSIDC Infra-Development

ONGC Site-Develo ment

Industrial Projects

Airport Passenger Terminal

Building, Lucknow

Railway Flash Butt Welding for

SC and Central Railway

DMRC Project

Mangalore

Civil works for Blast Furnace of

SAIL, Rourkela.

EPC Integrated Sugar Complex,

Karnataka.


11/20

Focus Domains

Energy

Civil & Structural works for

MAHAGENCOs Bhusawal

2x500MW Thermal Power Plant

Irrigation & Public Health

Irrigation

Pranhita Chevella, Pkg 22

Mining

Coal mine exploration work underCMPDIL in Jharkhand &

Chhattisgarh.

Civil works for APGENCOs

Krishnapatnam 2x800MW

Thermal Power Plant

T & D Works with EHV OH

Transmission lines, XLPE UG

Cabling & GIS/Conventional Sub

Stations

,

Tadipudi Lift Irrigation, AP

Public Health

City drinking water transmission forPCMC

Nanded Sewerage Projects

Contract Coal mining - MDO.


12/20

Energy BOP- Civil and Structural Works

Identified companies from Hong Kong,

France, US, Spain & Korea with past

experience in Power Generation,

Transmission & Distribution.

Our Emphasis

Mining

Water

Irrigation Barrages, Canals & LIS

Tunneling Works

Formation of Flood Banks

Public Health Engineering

Coal mine exploration work

Contract Coal mining


13/20


14/20

Energy : Key Projects

Contract Contract ValueBalance Order as of

1.04.2009

Entire Civil & Structural work for 2X500

MW Bhusawal Thermal Power Project

5,054 4,071

Figures in INR Million

Civil Works for 2X800 MW

Krishnapatnam Thermal Power

Plant

5,400 5,400

Total Contract Value INR 10,454 Mn Order Backlog INR 9,471 Mn


15/20

Energy Projects In PipelinePower Plants

Civil & Structural works for the BOP and Cooling Towers & Chimneys for

- 2X500 Marwah Thermal Power Plant

- 1x500 MW Korba West Thermal Power Plant

Civil and Structural works for the Main Plant (BTG package) of

- 2X500 Marwah Thermal Power Plant &

- 1x500 MW Korba West Thermal Power Plant

Civil and Structural Works for 2X250 MW Satpura TPP under MPGENCO

Transmission & Distribution

Underground EHV Cabling for Hyderabad City

Augmentation of T&D Infrastructure in Maharashtra, MSETCL in Joint

Venture with Cobra Group

T & D Opportunities in UP, Uttaranchal and Orissa


16/20

Current Contracts External Contract Value Balance Order as of 1.04.2009

Paramedical College, Jhansi 2,550 2,550

PCMC Slum Rehabilitation Housing with Al-Form 1,779 1,550

Staff Colony for TTD at Tirupati 1,260 1,260

Ascendas IT Complex, Bangalore 680 680

Buildings Major Third Party Projects

, ,

(Figures - INR Million)

*incl. Major Third Party Contract figures

Total Contract Value INR 15,458 Mn* Order Backlog INR 10,700 Mn*

JNNURM - reform linked initiative of Central Govt entailing a total budget of

INR 1,200 Bn

Objective is urban infra development in 63 cities with focus on Slum

Rehabilitation, Water Supply, Solid Waste Management, Rapid Transport

Systems, etc.

Have identified low cost housing as an opportunity

Going forward we intend to focus more on:


17/20


18/20

500

1000

1500

2000

2500

EBITDA Margin

EBITDA

Robust Financial Performance

0

5000

10000

15000

20000

25000

CAGR

Turnover

CAGR 101%

8%

15% 15% 16%

9%

Figures in Rs. Million

12863151

5798

14108

19600

101

457

900

2241

1857

0

2004-05 2005-06 2006-07 2007-08 2008-09

0

200

400

600

800

1000

1200

1400

2004-05 2005-06 2006-07 2007-08 2008-09

PAT Margin

PAT

0

1000

2000

3000

4000

5000

6000

7000

8000

9000

2004-05 2005-06 2006-07 2007-08 2008-2009

RONWNet Worth

2004-05 2005-06 2006-07 2007-08 2008-09

4%

8% 8% 8%

3%15%

21%14%

23%

8%55.56

257

479

1150

616

363

1222

3393

5010

7854

PAT Includes one time gain of Rs 650 million on sale of land

*

Unaudited figure*

*

**#

#


19/20

INR Million Mar-09 Mar-10E Mar-11E

Operations

Sales 19,600 23,273 27,882

EBIDTA 1,857 2,523 2,983

PAT 616 829 1,214

Financials

Share Capital 1,534 1,541 1,541

Networth 7,854 8,775 9,989

Debt

Financial Projections of IPL

*

Long Term Debt 3,697 4,717 4,315

Working Capital 3,179 3,620 2,141

Net Block 1,272 1,738 2,284

Net Current Assets 10,856 11,262 10,050

Ratios

EBITDA Margin (%) 10% 11% 11%

Net Profit Margin (%) 3% 4% 4%

Debt/Equity 0.87 1.0 0.6

Current Ratio 1.09 2.1 1.8

RoCE (pre-tax) 12% 14% 17%

Unaudited figure*


20/20

Documents

Indu Group Profile