C & C Constructions Limited Corporate Presentation July 2011 - PowerPoint PPT Presentation

C & C Constructions Limited Corporate Presentation July 2011

PRESENTATION STRUCTURE JOURNEY SO FAR Formation of the Company Promoters Promoters’ responsibilities Other Board Members and Independent Directors Milestones Financial Highlights Order Book Key Projects completed BOT projects under way Some weaknesses WAY FORWARD Action points Course correction Revenue pattern 2

JOURNEY SO FAR

Formation of the Company • It was in July, 1996 that 5 people got together with a common vision of becoming the nation’s foremost infrastructure builder. • Together their skill sets ranged from expertise in finance to successfully completing infrastructure projects in the most challenging terrains. • Four out of these five people are related to each other thereby ensuring continuity of thought and easy resolution of potential conflict. • Being hands on professionals, it was easy to take on varied projects in different geographies without diluting execution strategies. 4

Promoters •Chartered Accountant with more than 35 years of professional experience. GURJEET SINGH JOHAR •Responsibilities include strategic planning and conceptualization of new project Chairman initiatives including BOT. Also oversees the finance and human resource functions. •Industry Associations:  Chairman - Project Export Promotion Council of India.  Working Committee Member – Construction Federation of India.  Core Group Member- Confederation of Indian Industries (Roads and Highways)  Core Group Member-FICCI Infrastructure Committee •Commerce graduate, with more than 30 years of experience in the Infrastructure CHARANBIR SINGH SETHI Managing Director Management sector. •Responsibilities include supervision of construction projects. •Specializes in projects in difficult/rough terrains. •Economics graduate with over 12 years of experience in the infrastructure sector. RAJBIR SINGH • Responsibilities include quarrying initiatives and logistics. Director • Served in the Indian Army for 9 years. •Civil Engineer with more than 28 years experience in the infrastructure sector. SANJAY GUPTA •Responsibilities include implementation of the Afghanistan projects, BOT projects Director and the Buildings vertical. •Member of Builder Association, Delhi. •Post Graduate in Commerce with over 23 years of experience in the AMRIT PAL SINGH CHADHA Director infrastructure sector. •Responsibilities include execution of projects in Bihar. •Executive Committee Member of National Highways Builders Federation. 5

Promoters’ - responsibilities 6

Other Board members and Independent Directors •Civil Engineer with more than 40 years experience in infrastructure sector. RAJENDRA MOHAN AGGARWAL •Responsibilities include tendering and technical support . Non-promoter Executive Director •Has worked with various large public and private sector organizations in infrastructure development roles, including a project with the Government of Libya. •Former Chairman of National Highways Authority of India, and a Member of Deepak Dasgupta Independent Director Task Force on interlinking rivers. •Also has worked as Advisor to Asian Development Bank (ADB). •40 years experience in policy formulations, program implementation and Anand Bordia Independent Director organizational development •Previously worked as Collector of Customs, First Secretary, Indian Trade High Commission London and Member (Finance) NHAI. •Also worked with World Customs Organization and UNDCP •43 years experience in aviation, engineering and construction Ramesh Chandra Rekhi •Previously also has worked as Chief Engineer - International Airports Independent Director Authority of India; Director - Airports Delhi, Chief Engineer – New Delhi Municipal Council; Head (Aviations division) - EMA Unihorn. •Currently working as Senior Consultant with Delhi International Airport Limited. 7

Other Board members and Independent Directors •Member of Rajya Sabha. TARLOCHAN SINGH •Ex -Chairman Minorities Commission. Independent Director •Member of various Parliamentary Committees. •Chairman of IndiaVenture Advisors Pvt. Ltd. ARUN KUMAR PURWAR •Former Chairman of State Bank of India and Indian Bank Association. Nominee Director •Received “CEO of the year” Award from the Institute for Technology & Management (2004); “Outstanding Achiever of the year” Award from Indian Banks’ Association (2004); “Finance Man of the Year” Award by the Bombay Management Association (2006). • Renowned industrialist. KANWAL MONGA • Has been instrumental in introducing fibre optic cables into India and Independent Director CNG into Delhi. • An Engineer by qualification, having vast experience of 40 year in the J. GANGULY Independent Director field of construction in India and abroad. • Former Executive Vice President Larsen & Toubro Ltd.. • Former Chief of the Army Staff. GEN. N. C. VIJ • Former Vice Chairman of the National Disaster Management Authority Independent Director (NDMA) with the Status of a Union Cabinet Minister. • Has been awarded Param Vishist Seva Medal, Uttam Yudh Seva medal and Ati Vishist Seva Medal for his outstanding and distinguished services in Army. 8

Milestones • MOU with Isolux • QIP- Rs 77 cr, Entry into First Private Commercial • First BOT Railway Placement- Buildings and Project on Freight Rs 50 cr, Transmission- National Corridor Promoters Rs 432 cr & Highway- Project- infusion -Rs 50 cr. Rs 18 cr First Urban Rs 408 cr. Rs 781 cr. respectively Transport • Pubic Issue- 2 Project in Awarded 3 Rs 154 cr. Delhi 2 Large 0 First (BRT)- Contracts 2 Overseas Rs 129 cr. 0 1 in Bihar- Road Project 2 First JV Rs 1042 cr. 0 First 0 Company First in 0 Executed National incorporated airport Afghanistan 0 2 0 with 9 Highway by project - Rs 107 cr. BSCPL 0 Project – professionals awarded - 0 8 2 Durgapur and bagged Kerala - 7 2 Rs 5.67cr. 0 first road Rs 6.88 cr. 0 project in 2 0 6 0 Punjab- Rs 28 lac 0 2 0 5 1 0 0 3 1 9 1 0 9 9 Consistent Growth in Portfolio, Reach, 0 9 7 Pre-qualification Capacity & Delivery 6 Capabilities 9

Financial Highlights- Five Years (Rs Cr) 2005-06 2006-07 2007-08 2008-09 2009-10 Turnover 211.73 330.42 533.26 750.13 1168.45 Earning Before Depreciation, Interest & Taxes 56.25 66.26 83.54 123.91 218.54 Depreciation 14.88 16.02 15.47 24.94 44.78 Finance Charges 3.23 14.28 23.50 47.41 72.94 Profit after Tax 30.90 33.17 40.91 41.10 69.09 Equity Dividend % 33.3% 25.0% 27.5% 27.5% 27.5% Dividend 4.26 4.56 5.02 5.02 6.43 Equity Share Capital 12.78 18.26 18.26 18.26 23.39 Reserves and Surplus 92.78 253.34 290.70 330.97 504.17 Net Worth 105.57 271.60 308.96 349.23 527.56 Gross Fixed Assets 100.76 144.69 252.63 399.98 498.32 Net Fixed Assets 88.39 155.46 222.72 326.06 383.37 Total Assets 288.79 600.76 855.54 1457.54 1861.01 10

Financial Highlights- Five Years Key Indicators 2005-06 2006-07 2007-08 2008-09 2009-10 Earning per Share 24.18 22.05 22.40 22.51 35.67 Book Value per Share 82.60 148.74 169.20 191.26 225.56 Debt equity Ratio 0.55 0.51 0.88 1.74 1.34 EBITDA Margin % 26.57% 20.05% 15.67% 16.52% 18.70% Net profit Margin % 14.60% 10.04% 7.67% 5.48% 5.91% ROACE % 30.02% 17.53% 13.77% 12.87% 15.83% ROAE % 33.39% 17.59% 14.09% 12.49% 15.76% 11

Order Book as on 31st July 2011(Rs Cr) C&C ISOLUX C&C Total Total Verticals BSC C&C JV C&C SE JV Independent JV (31.07.2011) (31.07.2010) Roads & Highways 331.83 1,711.53 584.00 - 2,627.36 1,577.24 Urban Infra 777.92 176.86 - - 954.78 703.68 Railway - 342.36 - - 342.36 378.01 Transmission 34.05 102.30 1,138.46 - 1,274.81 15.37 Water & Sewerage - - - 104.14 104.14 178.28 Total 1,143.80 2,333.05 1,722.46 104.14 5,303.46 2,852.58 12

Key projects completed PROJECT NAME CHALLENGES/ HIGHLIGHTS CONTRACT CONTRACT CLIENT DATE OF VALUE VALUE (C&C COMPLETION (RS CR) SHARE) 61 31 Central Public Mar, 2010 Development of State The project involved meticulous Highways under RSVY planning due to logistically difficult Works Department scheme. Pkg. No.17: Nawada terrains and inclement operating & Jamui Dist conditions. Improvement / upgradation The project was completed under 72 36 Ircon International May, 2010 for existing road of States various challenges like adverse flood Limited Highway into 2 lanes road in conditions, logistically difficult Madhubani terrains and inclement operating conditions. Rehabilitation of Kapurthala - The project comprised of a 47.20 kms 55 55 Public works Dec, 2009 Department, Punjab Taran Taran Road road stretch from Kapurthala to Tarn Taran in the state of Punjab. Construction works related to The execution of such projects in 129 65 RITES Limited Nov, 2009 widening / Upgrading of Delhi was of a specialized nature Roads to convert the existing since construction activity was not carriageway to multilane possible during the day due to heavy facility for the High Capacity traffic and can only be done during Bus System the night with requisite steel barricading. 45 45 Public works Aug, 2009 Upgradation of Tarn Taran - The project comprised of a 40.50 kms Chabbal - Attari Road road stretch from Tarn Taran to Department, Punjab Attari in the state of Punjab. 13 13