| Sector |
Infrastructure
|
Compare with Sector peers |
| Industry |
Engineering - Construction
|
Compare with Industry peers |
| Website | http://www.itdcem.co.in | |
| Market Cap | 1,045.33 Cr. | |
| Enterprise Value(EV) | 1,414.46 Cr. | 2021-09 |
| Financial Indicators | ||
|---|---|---|
| Earnings per share (EPS) | 6.11 | Trailing Twelve Months Ending 2021-12 |
| Price-Earning Ratio (PE) | 9.96 | Trailing Twelve Months Ending 2021-12 |
| Industry PE | 38.68 | Trailing Twelve Months Ending 2021-12 |
| Book Value / Share | 64.86 | Trailing Twelve Months Ending 2021-12 |
| Price to Book Value | 0.94 | Calculated using Price: 60.85 |
| Dividend Yield | 0.20 | Period Ending 2021-03 |
| No. of Shares Subscribed | 17.18 Cr. | 171,787,584 Shares |
| FaceValue | 1 | |
| Company Profile | ||
|
ITD Cementation India was incorporated on 1978 as Cemindia Company Limited and obtained Certificate of Commencement of Business on 6th November, 1978. In 1994, the company changed its name to Trafalgar House Construction India Limited in order to reflect direct relationship with its then holding company and obtained fresh certificate of incorporation on 7th September 1994. In the year 1996 Kvaerner ASA, acquired Trafalgar House Plc. Consequent upon this acquisition the Company changed its name to Kvaerner Cementation India Limited and obtained Fresh Certificate of Incorporation on 1st September, 1998. In the year 2000 Skanska AB, entered into an agreement with Kvaerner Plc, to acquire the entire issued share capital of Kvaerner Construction Group Limited. Pursuant to the transaction, the control of this company changed from Kvaerner ASA to Skanska AB. Pursuant to the requirements of SEBI Takeover Code Skanska AB made an offer to the public shareholders of this company to acquire fully paid up equity shares of this company. Subsequently the company changed its name to Skanska Cementation India Limited and obtained Fresh Certificate of Incorporation on 11th July, 2001. The company operates in 3 business divisions which include bridges and industries division which is involved in construction of flyovers and bridges, steel and petrochemical plants, refiners, technical centers, and shopping malls, marine division which undertakes the construction of quays which handle cargo at ports and specialist engineering division which constructs railways and roads, power stations for hydroelectricity, diaphragm walling, and piling. The company started its business in India in the year 1931 as a branch office of the Cementation Company Limited, United Kingdom (CCL UK) a member of the Trafalgar House Group for carrying on construction activities in India. Later in 1978, Reserve Bank of India granted permission to CCL, U.K. to continue to carry on its activities in India subject to India branch of CCL, U.K., being converted into an Indian company thus it was incorporated in 1978. Over the years it has completed various projects as the rehabilitation and widening work on a highway in the Visag-Ichhapuram section; design and construction of a 450 M long structural steel bridge over Mandovi River, Goa; construction of Mansi Wakal dam, Udaipur; work on five elevated stations along the Qutub Minar-Gurgoan corridor for Delhi Metro Rail corporation (DMRC), shore piling for Bombay Dyeing at Mumbai, road development of second container terminal at Chennai international Terminals Private Limited, construction of diaphragm wall and its supporting slab on the bank of Sabarmati River for renovating water, construction of dam, powerhouse, switchyard and tunnel for the Umtru Hydro Electric Project for Megalaya State Electricity Board; Project Seabird (Defence Ministry) 6500 DWT Shiplift Civil Works; Container Berth and Yard at Mundra for Gujarat Adani Port Ltd / P & O; Liquid handling jetty for GCPTCL at Dahej and many more. Some of the recently received projects (in Feb.2009) are Civil Construction of Substructure up to Basement Roof Level for (B+G+15) storied Commercial Complex at Haldia by Rose Valley Real Estate & Constructions Limited, Construction of Cut-off Wall for Tapovan-Vishnugarh Hydro-electric Project Barrage and Desilting Package in Chamoli Ditrict, Uttaranchal, Civil Works (Package 1), Electrical Works, Piping and Mechanical (Package 3) and allied works for Phase II modernization at Garden Reach Ship Builders & Engineers Ltd, Kolkata. Its clientele include organizations like DMRC, Hindustan Zinc Limited, CIDCO, Maharashtra, Department of Irrigation & CAD, Andhra Pradesh, Ministry of Defence, Department of Navy, National Highways Authority of India, Northern Railway, Tata Power Company Limited, P&O Ports, Meghalaya State Electricity Board, Indian Farmers Fertilizers Corporation, Indian Molasses Company Limited, etc. The company has formed Joint Ventures with ITD for Kolkata airport modernization project, Rehabilitation and Upgradation of 4- lane configuration in Madhya Pradesh, Construction of 4 lane Bypass at Kota on East West Corridor in the State of Rajasthan, BC-21 Part Design and Construction of via duct and structural work of five elevated stations on Qutub Minar-Gurgoan corridor of Delhi MRTS Project, BC-24 Design and Construction of over five kilometres of underground metro construction is to be carried out with advanced tunnel boring machines and includes the Khan Market, Jawaharlal Nehru stadium, Jangpura stations and ancillary works on the Central Secretariat – Badarpur Corridor of Delhi MRTS (Value of Contract Rs 8930 Million) In 2010 ITD Cementation India Joint Venture bagged major Jaipur Metro Project from DMRC. 2013 - ITD Cementation bags Order for Rs. 546 Crore from DMRC in its Joint Venture 2015 -ITD Cementation bags Rs 2,168 crore JNPT order from BMCT The company operates in- Marine Structures, Foundations, Transportation Projects, Hydro Electric Projects/Tunnels/Dams, Industrial Civil Works and Urban Infrastructure. About the parent company Itallian-Thai Development Public Company Limited was founded by Dr Chaijudh Karnasuta and Giorgio Berlingieri, who had the objective to establish a Thai construction company. It was incorporated on 15 August 1958, under the civil and commercial Code of Kingdom of Thailand. Currently it has 13 subsidiaries [9 subsidiaries in Thailand, one in Myanmar, one in Indonesia, one in India and one in U.A.E.] and 21 joint ventures [15 in Thailand, two in Laos, two in Taiwan, one in Cambodia and one in Bangladesh]. ITD has 16 Associate Companies. Subsidiary company The company established its wholly owned subsidiary ITD Cementation Projects India Limited (ICPIL) on June 21, 2007 to carry on the business of construction, design, execution, administer and manage or control infrastructural projects. Awards/Achievements
Appreciation Letters
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Company Profile
ITD Cementation India was incorporated on 1978 as Cemindia Company Limited and obtained Certificate of Commencement of Business on 6th November, 1978.
In 1994, the company changed its name to Trafalgar House Construction India Limited in order to reflect direct relationship with its then holding company and obtained fresh certificate of incorporation on 7th September 1994.
In the year 1996 Kvaerner ASA, acquired Trafalgar House Plc. Consequent upon this acquisition the Company changed its name to Kvaerner Cementation India Limited and obtained Fresh Certificate of Incorporation on 1st September, 1998.
In the year 2000 Skanska AB, entered into an agreement with Kvaerner Plc, to acquire the entire issued share capital of Kvaerner Construction Group Limited. Pursuant to the transaction, the control of this company changed from Kvaerner ASA to Skanska AB.
Pursuant to the requirements of SEBI Takeover Code Skanska AB made an offer to the public shareholders of this company to acquire fully paid up equity shares of this company. Subsequently the company changed its name to Skanska Cementation India Limited and obtained Fresh Certificate of Incorporation on 11th July, 2001.
The company operates in 3 business divisions which include bridges and industries division which is involved in construction of flyovers and bridges, steel and petrochemical plants, refiners, technical centers, and shopping malls, marine division which undertakes the construction of quays which handle cargo at ports and specialist engineering division which constructs railways and roads, power stations for hydroelectricity, diaphragm walling, and piling.
The company started its business in India in the year 1931 as a branch office of the Cementation Company Limited, United Kingdom (CCL UK) a member of the Trafalgar House Group for carrying on construction activities in India. Later in 1978, Reserve Bank of India granted permission to CCL, U.K. to continue to carry on its activities in India subject to India branch of CCL, U.K., being converted into an Indian company thus it was incorporated in 1978.
Over the years it has completed various projects as the rehabilitation and widening work on a highway in the Visag-Ichhapuram section; design and construction of a 450 M long structural steel bridge over Mandovi River, Goa; construction of Mansi Wakal dam, Udaipur; work on five elevated stations along the Qutub Minar-Gurgoan corridor for Delhi Metro Rail corporation (DMRC), shore piling for Bombay Dyeing at Mumbai, road development of second container terminal at Chennai international Terminals Private Limited, construction of diaphragm wall and its supporting slab on the bank of Sabarmati River for renovating water, construction of dam, powerhouse, switchyard and tunnel for the Umtru Hydro Electric Project for Megalaya State Electricity Board; Project Seabird (Defence Ministry) 6500 DWT Shiplift Civil Works; Container Berth and Yard at Mundra for Gujarat Adani Port Ltd / P & O; Liquid handling jetty for GCPTCL at Dahej and many more.
Some of the recently received projects (in Feb.2009) are Civil Construction of Substructure up to Basement Roof Level for (B+G+15) storied Commercial Complex at Haldia by Rose Valley Real Estate & Constructions Limited, Construction of Cut-off Wall for Tapovan-Vishnugarh Hydro-electric Project Barrage and Desilting Package in Chamoli Ditrict, Uttaranchal, Civil Works (Package 1), Electrical Works, Piping and Mechanical (Package 3) and allied works for Phase II modernization at Garden Reach Ship Builders & Engineers Ltd, Kolkata.
Its clientele include organizations like DMRC, Hindustan Zinc Limited, CIDCO, Maharashtra, Department of Irrigation & CAD, Andhra Pradesh, Ministry of Defence, Department of Navy, National Highways Authority of India, Northern Railway, Tata Power Company Limited, P&O Ports, Meghalaya State Electricity Board, Indian Farmers Fertilizers Corporation, Indian Molasses Company Limited, etc.
The company has formed Joint Ventures with ITD for Kolkata airport modernization project, Rehabilitation and Upgradation of 4- lane configuration in Madhya Pradesh, Construction of 4 lane Bypass at Kota on East West Corridor in the State of Rajasthan, BC-21 Part Design and Construction of via duct and structural work of five elevated stations on Qutub Minar-Gurgoan corridor of Delhi MRTS Project, BC-24 Design and Construction of over five kilometres of underground metro construction is to be carried out with advanced tunnel boring machines and includes the Khan Market, Jawaharlal Nehru stadium, Jangpura stations and ancillary works on the Central Secretariat – Badarpur Corridor of Delhi MRTS (Value of Contract Rs 8930 Million)
In 2010 ITD Cementation India Joint Venture bagged major Jaipur Metro Project from DMRC.
2013 - ITD Cementation bags Order for Rs. 546 Crore from DMRC in its Joint Venture
2015 -ITD Cementation bags Rs 2,168 crore JNPT order from BMCT
The company operates in- Marine Structures, Foundations, Transportation Projects, Hydro Electric Projects/Tunnels/Dams, Industrial Civil Works and Urban Infrastructure.
About the parent company
Itallian-Thai Development Public Company Limited was founded by Dr Chaijudh Karnasuta and Giorgio Berlingieri, who had the objective to establish a Thai construction company. It was incorporated on 15 August 1958, under the civil and commercial Code of Kingdom of Thailand. Currently it has 13 subsidiaries [9 subsidiaries in Thailand, one in Myanmar, one in Indonesia, one in India and one in U.A.E.] and 21 joint ventures [15 in Thailand, two in Laos, two in Taiwan, one in Cambodia and one in Bangladesh]. ITD has 16 Associate Companies.
Subsidiary company
The company established its wholly owned subsidiary ITD Cementation Projects India Limited (ICPIL) on June 21, 2007 to carry on the business of construction, design, execution, administer and manage or control infrastructural projects.
Awards/Achievements
Appreciation Letters
| 1 Day |
|
+5.37% |
| 1 Week |
|
+5.73% |
| 1 Month |
|
-11.62% |
| 3 Month |
|
-16.18% |
| 6 Month |
|
-20.09% |
| 1 Year |
|
-24.50% |
| 2 Year |
|
+78.18% |
| 5 Year |
|
-65.54% |
| 10 Year |
|
+182.89% |
| 9 years | 2012-12 | 2013-12 | 2014-12 | 2015-12 | 2016-12 | 2017-12 | 2019-03 | 2020-03 | 2021-03 | |
| Return on Equity (%) | 5.62 | 2.30 | 3.98 | -11.02 | 20.42 | 14.84 | 10.17 | 1.54 | -1.61 | |
| Return on Capital Employed (%) | 13.59 | 12.89 | 12.93 | 4.35 | 24.32 | 22.56 | 19.48 | 10.57 | 8.42 | |
| Return on Assets (%) | 1.26 | 0.52 | 0.97 | -2.59 | 5.03 | 4.04 | 3.34 | 0.56 | -0.54 |
| Particulars | 10 years | 2012-12 Rs. Cr. | 2013-12 Rs. Cr. | 2014-12 Rs. Cr. | 2015-12 Rs. Cr. | 2016-12 Rs. Cr. | 2017-12 Rs. Cr. | 2019-03 Rs. Cr. | 2020-03 Rs. Cr. | 2021-03 Rs. Cr. | 2021-09* Rs. Cr. |
| Shh. Funds | 400 | 408 | 568 | 508 | 552 | 617 | 1,021 | 1,053 | 1,066 | 1,098 | |
| Non Curr. Liab. | 65 | -6 | 31 | -26 | 69 | 34 | 46 | 100 | 151 | 149 | |
| Curr. Liab. | 1,307 | 1,436 | 1,581 | 1,918 | 1,278 | 1,741 | 1,523 | 1,967 | 1,963 | 2,142 | |
| Minority Int. | 1 | 1 | 2 | 3 | 3 | 3 | |||||
| Equity & Liab. | 1,773 | 1,839 | 2,180 | 2,401 | 1,900 | 2,393 | 2,592 | 3,123 | 3,183 | 3,392 | |
| Non Curr. Assets | 367 | 387 | 533 | 602 | 747 | 720 | 679 | 1,041 | 988 | 992 | |
| Curr. Assets | 1,406 | 1,452 | 1,647 | 1,798 | 1,152 | 1,673 | 1,913 | 2,082 | 2,195 | 2,400 | |
| Misc. Exp. not W/O | |||||||||||
| Total Assets | 1,773 | 1,839 | 2,180 | 2,401 | 1,900 | 2,393 | 2,592 | 3,123 | 3,183 | 3,392 |
| Particulars | 10 years | 2012-12 Rs. Cr. | 2013-12 Rs. Cr. | 2014-12 Rs. Cr. | 2015-12 Rs. Cr. | 2016-12 Rs. Cr. | 2017-12 Rs. Cr. | 2019-03 Rs. Cr. | 2020-03 Rs. Cr. | 2021-03 Rs. Cr. | 2021-12 Rs. Cr. TTM |
| Net Sales | 1,539 | 1,584 | 1,719 | 3,071 | 2,938 | 2,061 | 3,170 | 2,861 | 2,728 | 3,619 | |
| Other Income | 10 | 34 | 41 | 51 | 27 | 35 | 19 | 5 | 12 | 14 | |
| Total Income | 1,549 | 1,618 | 1,760 | 3,122 | 2,965 | 2,096 | 3,189 | 2,865 | 2,740 | 3,634 | |
| Total Expenditure | -1,348 | -1,422 | -1,650 | -2,909 | -2,673 | -1,789 | -2,848 | -2,565 | -2,515 | -3,296 | |
| PBIDT | 201 | 196 | 110 | 214 | 292 | 307 | 341 | 300 | 225 | 338 | |
| Interest | -119 | -128 | -136 | -138 | -89 | -88 | -124 | -131 | -138 | -144 | |
| Depreciation | -51 | -44 | -43 | -37 | -46 | -58 | -82 | -96 | -100 | -101 | |
| Taxation | -9 | -15 | -7 | 25 | -48 | -53 | -51 | -16 | -4 | -20 | |
| Exceptional Items | 96 | -124 | -22 | -41 | |||||||
| PAT | 22 | 9 | 19 | -59 | 108 | 87 | 83 | 16 | -17 | 72 | |
| Minority Interest | 0 | 0 | -1 | -1 | 0 | -1 | |||||
| Share Associate | -57 | -14 | 0 | 28 | 33 | 33 | |||||
| Other Related Items | |||||||||||
| Consolidated Net Profit | 22 | 9 | 19 | -59 | 51 | 73 | 82 | 43 | 16 | 105 | |
| Adjusted EPS | 2 | 1 | 1 | -4 | 3 | 5 | 5 | 3 | 1 | 6 |
| Particulars | 10 years | 2011-12 Rs. Cr. | 2012-12 Rs. Cr. | 2013-12 Rs. Cr. | 2014-12 Rs. Cr. | 2015-12 Rs. Cr. | 2016-12 Rs. Cr. | 2017-12 Rs. Cr. | 2019-03 Rs. Cr. | 2020-03 Rs. Cr. | 2021-03 Rs. Cr. |
| Cash Fr. Operatn. | 57 | 15 | 187 | 44 | 465 | 326 | 68 | -134 | 447 | 235 | |
| Cash Fr. Inv. | -69 | -37 | -49 | -38 | -104 | -20 | -157 | -133 | -87 | -84 | |
| Cash Fr. Finan. | -1 | 18 | -147 | -4 | -302 | -222 | 40 | 244 | -212 | -260 | |
| Net Change | -13 | -3 | -9 | 1 | 59 | 83 | -49 | -24 | 147 | -110 | |
| Cash & Cash Eqvt | 36 | 33 | 24 | 25 | 84 | 163 | 113 | 90 | 237 | 127 |
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Tue, 17 May 2022
Board Meeting Intimation for Audited Financial Results For The Quarter And Year Ended 31St March 2022 And Recommend Dividend If Any. ITD CEMENTATION INDIA LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/05/2022 inter alia to consider and approve Pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 (Listing Regulations) we wish to inform you that a meeting of the Board of Directors of the Company will be held on Thursday 26th May 2022 at Mumbai inter-alia to consider and approve the Audited Financial Results for the quarter and year ended 31st March 2022 and recommend dividend if any. |
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Thu, 21 Apr 2022
Compliance Under Regulation 40 Of Listing Regulations 2015 As Amended Pursuant to Regulation 40(10) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 as amended from time to time we send herewith a certificate from a Practising Company Secretary for the financial year ended 31st March 2022 for your information and records. |
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Mon, 18 Apr 2022
Format of Initial Disclosure to be made by an entity identified as a Large Corporate Format of Initial Disclosure to be made by an entity identified as a Large Corporate.
We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26 2018. No Name of the Company Secretary: RAHUL NEOGI Designation: COMPANY SECRETARY AND COMPLIANCE OFFICER EmailId: rahul.neogi@itdcem.co.in Name of the Chief Financial Officer: MR PRASAD PATWARDHAN Designation: CHIEF FINANCIAL OFFICER EmailId: prasad.patwardhan@itdcem.co.in Date: 18/04/2022 Note: In terms para of 3.2(ii) of the circular beginning F.Y 2022 in the event of shortfall in the mandatory borrowing through debt securities a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore an entity identified as LC shall provide in its initial disclosure for a financial year the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets. |
| Fri, 20 May 2022 |
Higher Delivery Quantity
|
Higher Trade Quantity
|
Higher Trade and Delivery Quantity
|
Closing Above Previous High
|
Close Within 52 Week Low Zone
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