Serving India’s Core Sector

NECO GROUP OF COMPANIES Head Office

:PLOT.NO.50, D.NO. 8-3-1084/1 & 1A, 2ND FLOOR, SRINAGAR COLONY, HYDEARBAD – 500 073, AP, INDIA.

Registered Office

:F-8, MIDC INDUSTRIAL AREA, HINGNA ROAD, NAGPUR - 440 016, MAHARASHTRA, INDIA.

e-mail:- [email protected]

TERRA – NECO GROUP ENTERPRISE

• Terra Project Limtied & Terra Infra Development Limited are enterprises of Neco Group. • These have been formed to give special boost to infrastructural activities. • Our aim is to become one of the major players in infrastructure sector in this country.

is now An ISO 9001 : 2008 Company.

DIRECTORS • Mr. RAMESH JAYASWAL • Mr. ANAND JAYASWAL • Mr. K. RAVI KUMAR REDDY • Mr. C. MADHUSUDAN RAJU • Mr. K. KIRAN KUMAR REDDY

SHARE HOLDERS • TERRA PROJECTS LIMITED: – – – – – –

Glowide Infrastructure Pvt. Ltd. Rohita Infra Mining Pvt. Ltd. Sarvoch Mines & Infrastructure Pvt. Ltd. Diefy Infra Project Pvt. Ltd. Siltara Carriers Pvt. Ltd. Surmanju Securities Pvt. Ltd.

• TERRA INFRA DEVELOPMENT LIMITED: – – – – – –

Terra Projects Limited Diefy Infra Project Pvt. Ltd. Siltara Carriers Pvt. Ltd. Surmanju Securities Pvt. Ltd. Rohita Infra Mining Pvt. Ltd. Sarvoch Mines & Infrastructure Pvt. Ltd.

•

SPV’s of Terra Project Limited: – – –

Names of SPV

CYBERABAD EXPRESSWAY LIMITED (CEL). HYDERABAD EXPRESSWAY LIMITED (HEL). PONDICHERRY TINDIVANAM TOLLWAY LIMITED (PTTL).

Project Details

Cost of Projects (Crores)

Clients

Share Holders

TPL Share Holdings

Bankers for the SPV

CEL

“Design, Construction, Development, Finance, Operation and Maintenance of Eight lane access controlled expressway under Phase II A programme as an extension of Phase I of ORR to Hyderabad City, in the state of Andhra Pradesh, India, for the package from Kollur to patancheruvu on Build ,Operate and Transfer basis(Contact Package AP2(From Km 12.000 to Km 23.700).

501.75

HGCL(GHMC)

Gayathri Projects Limited Gayathri Ventures Private Limited – Terra projects LimitedMaytas Infra Limited

32%

UBI, Allahabad Bank, Bank of Rajasthan, Central Bank of India, Dena Bank, Indian Bank, Vijaya Bank, India Insurance Finance Company Ltd

HEL

“Design, Construction, Development, Finance, Operation and Maintenance of Eight lane access controlled expressway under Phase II A programme as an extension of Phase I of ORR to Hyderabad City, in the state of Andhra Pradesh, India, for the package from Bongulurto Tukkuguda on Build ,Operate and Transfer basis(Contact Package AP-4)

430.96

HGCL(GHMC)

Gayathri Projects Limited Gayathri Ventures Private Limited – Terra projects LimitedMaytas Infra Limited

7.29%

UBI, Allahabad Bank, Bank of Rajasthan, Dena Bank, Indian Bank, Vijaya Bank, India Insurance Finance Company Ltd

PTTL

“Design, Engineering , Finance, Construction, Operation and Maintenance of Pondicherry – Tidivanam from section Km no-0.000 to Km 37.920 of NH-66 in the state of Tamilnadu under NHDP Phase-III- A On Build, Operate and Transfer (BOT) Basis. The Total project cost is RS 314.62 Crores”

314.62

NHAI

Maytas Infra Limited Nagarajuna Construction Company Limited – Nagarjuna Infrastructure Holdings Limited - Terra Projects Limited

24.90%

Axis Bank Ltd, Corporation Bank, Indian Overseas Bank, Indian Infrastructure Finance Co. Ltd.

• EPC contracts of Terra infra Development Limited : Concessionaire

EPC Contractor

Value of EPC

Value of Back to Back (TIDL Scope)

CEL

PTTL

CEL

PTTL

CEL

PTTL

CEL

PTTL

Maytas, Gayatri

Maytas, NCCL

Maytas

NCCL

501.75 Crores

314.62 Crores

231.77 Crores

165.55 Crores

•

Quantities of major items executed by Terra Infra Development Limited: S. No

DESCRIPTION

UNIT

QUANTITY (CEL)

QUANTITY (PTTL)

TOTAL QUANTITY (CEL + PTTL)

1

EARTH WORK

CUM

25,09,858.00

2,53,065.16

27,62,923.16

2

SUB BASE & BASE COURSES

CUM

2,83,555.00

1,09,651.76

3,93,206.76

3

BITUMINOUS WORKS

CUM

73,155.93

33,506.61

1,06,662.54

4

CONCRETE

CUM

82,588.00

13,009.15

95,597.15

Details of PSC Girder Bridges

•

Financial progress achieved by Terra Infra Development Limited: S. No

MONTH

CEL FINANCIAL PROGRESS (LAKHS)

PTTLFINANCIAL PROGRESS (LAKHS)

(CEL + PTTL) FINANCIAL PROGRESS (LAKHS)

1

JUNE – 2009

1062.17

413.42

1475.59

2

JULY – 2009

1094.31

1099.59

2193.90

3

AUGUST – 2009

800.33

698.60

1498.93

4

SEPTEMBER – 2009

859.09

779.05

1638.14

5

OCTOBER – 2009

976.87

1244.23

2221.10

6

NOVEMBER – 2009

1740.73

639.95

2380.68

7

DECEMBER – 2009

1461.81

797.22

2259.03

8

JANUARY – 2010

1248.63

1126.67

2375.30

9

FEBRUARY – 2010

1944.10

1000.00 (Approx.)

2944.10

11,188.04

7797.73

18,985.77

GRAND TOTAL

Manpower of Terra Infra Development Limited.

as on 01.03.2010

Location

HO - Employees

Site Employees

Total

Head Office, Hyd

24

-

24

ORR, Hyd

79

310

389

PTTL, Pondicherry

70

377

447

Grand Total

173

687

860

List of our Bankers • • • • • • • • • • • •

UNION BANK OF INDIA, ALLAHABAD BANK, BANK OF RAJASTHAN, CENTRAL BANK OF INDIA, DENA BANK, INDIAN BANK, VIJAYA BANK, INDIA INSURANCE FINANCE COMPANY LTD.,. AXIS BANK LIMITED, CORPORATION BANK, INDIAN OVERSEAS BANK, INDIAN INFRASTRUCTURE FINANCE COMPANY LTD.

FACILITIES

Camp / Site Office

HOT MIX PLANT MAKE CAPACITY

SPECO 160 MT / Hr

WET MIX MECADDAM (WMM) PLANT MAKE

MACCONS

CAPACITY

200 MT / Hr

BATCHING PLANT MAKE CAPACITY

SCHWINGSTETTER 60 Cum / Hr

CRUSHER MAKE CAPACITY

METSO 200 Cum / Hr

Crusher-2

SUB GRADE WORK AT PTTL

WMM WORK AT PTTL

DBM WORK AT PTTL

PUP WORK AT PTTL

DRAIN WORK AT PTTL

PUP WORK AT PTTL

MAJOR BRIDGE WORK AT PTTL

MAJOR BRIDGE ABUTEMENT WORK AT PTTL

BC comple at PTTL

Girder rein force in pro work in PTTL

BA at Kardanur, ORR/HYD

Embackment at ORR/HYD

Laying of tack coat completed for BC at ORR/HYD

Compaction of BC in progress at ORR/HYD

Foot Path @ ORR/HYD DBM laying completed in Km. 16.325 to 16.380 MCW LHS

Details of NECO GROUP

JNIL – Directors & Equity Details Board of Directors Name

Particulars

Basant Lall Shaw Arbind Jayaswal Ramesh Jayaswal B.K.Agarwal M.M.Vyas D.Singh Rakesh Awasthi John Mathew Naveen Atrishi

Chairman MD JMD Director Director Director IDBI Nominee EXIM Nominee ICICI Nominee

Shareholding Pattern

OVERVIEW OF NECO GROUP

•Established in the year 1972

•Largest Ferrous and Non Ferrous Casting Facilit •1 MT Integrated Steel Plant

•Large Presence in BOT(Road)Project Developme •Large Captive Iron Ore and Coal Mines

•Group turnover to touch Rs 25000 Mn in 2009 •All units are 9001-2000 Complied

Presence of NECO Coal Mines

Corporate office

Coal Mines

Steel Plant Iron Ore Mines

Foundries

BOT Project

BOT Project

Sales office

OTHER INRASTRUCTURE DIVSION The following are other (SPV) division of group is engaged in construction of highways, bridges & other infrastructure development projects in different parts of India on Built, Own & Transfer (BOT) basis.

Infrastructure Companies Jayaswal Ashoka Infrastructure Pvt. Ltd.

JAS Toll Road Company Pvt. Ltd.

JAYASWAL ASHOKA INFRASTRUCTURE PVT. LTD.

Project :- Construction of Road Bridge at NH6 Project completed in the year 2001 Project cost Rs. 650.00 Million Year Ended 31st March

2008

2007

Share Capital

13.25

13.25

EBIDTA

12.25

8.16

PBT

11.27

6.98

Toll Collection

13.33

10.79

Profit After Tax

11.27

6.98

0.17

0.21

13.25

13.25

Net Fixed Assets

Net Worth

Bhandara Toll Road Bridge NH6

JAS TOLL ROAD COMPANY LIMITED

Project :- Construction of 4 lane Road at NH4, 36 Kms Project completed in the year 2004

Project cost Rs. 2265.00 Million Year Ended 31st March

2008

2007

Share Capital

0.76

0.76

Reserves & Surplus

0.86

0.24

30.77

25.14

9.12

4.14

Toll Collection

35.51

31.03

Profit after tax

8.40

3.63

177.03

183.61

76.83

76.21

EBIDTA PBT

Net Fixed Assets Net Worth

NEELMANGALA TUMKUR 4 LANE – NH4

Jayaswal Neco Industries (JNIL) Flagship Company of Neco group, Incorporated in 1972, Involved in Iron, Steel and Casting One of the largest pig iron suppliers amongst the secondary private steel manufacturers One of the largest ferrous castings manufacturing capacity in India

JNIL is striding towards becoming a fully integrated steel player with Captive iron, Lime stone and coal mines as raw material In house sinter plant, captive coke oven plant, captive blast

furnace and in-house steel melting shop with Long products rolling mill

CORE STRENGTHS  One of the Largest Integrated Steel Plant having presence in the Core sector Industry.  Largest casting facility  Implemented BOT Toll Road project.  Generation of Power.  Captive Iron Ore & Coal Mining.

JNIL - Achievements / Strengths Featured in D & B’s 2007 edition Top 500 Companies in India

Ranked 16th as per income in the Iron and Steel sector The largest supplier of machined cylinder head to the Indian automotive industry. One of the largest manufacturer of Centrifugal casting Sole manufacturer of single piece cast axle beam(Axle beam is a rod that

connects a set of wheels in an automobile) on high pressure molding line in India Castings are ISO-9001-2000 and TS 16949 certified for whole Europe Casting’s main production facilities include state of art High Pressure Molding Machine, Automatic Pin Lift Jolt Squeeze Machine and CNC based Machine Shops

which enable the supply of fully machined and ready to assemble component to the customer

JNIL - Achievements / Strengths Contd…. Steel

Plant

Division

“SPD”

was

commissioned

in

1996.

The

unit

was

commissioned with a Blast furnace, Power plant and complete Infrastructure Facilities. Blast furnace was designed, engineered and supplied by Shougang International, China. Today it is one of India’s highest productivity blast furnace with productivity of over 3 times (On usable volume). Captive Iron Ore, Lime stone and Coal Mines.

Today the SPD complex is producing around 1 MT of finished steel, with facilities like steel melt shop, rolling mill, sinter plant, coke oven plant, oxygen plant and power plant. The company has taken a 350 TPD Sponge iron plant and a 500 TPD Sponge iron

plant , total capacity of 0.250 MT, on lease for a period of 10 years. The Division is geared to manufacture 2 MT of steel by 2010.

JNIL - Achievements / Strengths Contd…. One of the Group company has purchased in auction the idle assets of M/s Rajinder Steel

Limited in auction, then having the facility to manufacture .28 MT of

Slabs through SMS

Route and .40 MT of HR Coil. The refurbishment and

enhancement of capacity has been

done, and the plant has started production

with 0.40 MT production capacity of HRC. The product and process of SPD is ISO 9001-2000 Certified. The Division produces around 53 MW of power through BF Gas/ waste heat recovery process

and through non-conventional sources of fuel.

With all the above facilities the division manufactures .65 MT of Pig iron, .30 MT of steel, .40 MT of finished rolled product, .25 MT of Sponge Iron and 53 MW of power. Sales and Marketing Offices spread across all Major Locations of the country

JNIL - Achievements / Strengths Contd…. • Availability of cheap skilled labor in the steel belt • Proximity to raw materials like iron ore & thermal coal

• Sales tax exemption till FY 2019 • Entry tax Exemption till FY 2019 • Entire requirement of thermal coal met through captive coal mines • Cost competitive crude steel production due to sinter plant, coke oven plant, Pulverized coal dust injection plant and waste heat recovery based power plant. • Sales team acts through divisional offices spread all over the country. Country office are also located in Beijing (China), Italy, New York. • Pig iron sells at a premium to the market rate.

JNIL – Manpower - Strength

Foundry and Casting

Division

Total Strength - 2468 Sr. Management

55

Middle Management

259

Executive

383

Supervisory

373

Technicians /Workers

1398

JNIL – Manpower - Strength Total Strength - 2462 Steel Plant

and Mines

Division

Sr. Management

94

Middle Management

222

Executive

541

Supervisory

619

Technicians / Workers/Tr

933

Banking Arrangements Total exposure - Rs 8164.80 Million

Term Loan

-

Rs 3924.10 Mn

Working Capital – FB - Rs.1500.60 Mn Working Capital–NFB- Rs.2740.10 Mn

Term Lenders

Bankers

Working Capital Lenders

ICICI

SBI

IDBI

ICICI

UBI

UBI

OBC PNB BOI

EXIM

ING VYASA SBT IDBI

JNIL – SPD Production Facilities

Sinter facility (0.8 millionTPA)

Coke oven (1 lac TPA)

Blast Furnace (0.6 million TPA)

Captive Coal Mines

Sponge Iron (0.25 million TPA)

.125 MT Merchant Bar Mill .275 MT Wire Rod Mill

Pig casting machine (0.6 million TPA) &

Steel Melt Shop (0.30 million TPA)

Plant Overview Steel Plant Division Raipur

Plant Overview

Plant Overviw

Foundry Division

Foundry Business

Automotive Casting Division Construction Casting Division Centricast Division Engineering Casting Division

PRODUCTS OF FOUNDRY DIVISION

Profit & Loss Account Particulars

Audited 31.3.2008

Projections 31.3.2009

Projections Projections 31.3.2011 31.3.2010

Net Sales

1,709

1,568

2,084

2,258

Total Expenditure

1,456

1,290

1,731

1,867

Raw Material Cost

870

897

1,257

1,321

Other Operating Expenditure

586

393

474

546

EBITDA

253

278

353

391

Interest and Financial Chgs

85

167

136

124

Depreciation

60

74

83

84

108

37

134

183

Tax

5

20

26

29

PAT

103

17

108

154

Cash Profits

162

90

191

238

15%

18%

17%

17%

PBT

EBITDA % to Net Sales

All Figures in Crores

Balance Sheet Position Particulars .

Sources of Funds Equity Share Capital Preference Share Capital Reserves and Surplus Net Worth Term Loans Working capital loans Secured Loans Unsecured Loans Deferred Tax Liability TOTAL Application of Funds Net Fixed Assets + CWIP Net Current assets Investments & Other Assets TOTAL

Audited 31.3.2008

Projections 31.3.2009

Projections 31.3.2010

Projections 31.3.2011

195 50 355 600 531 152 682 38 1 1,321

237 50 366 653 686 172 858 34 16 1,561

237 50 475 761 564 188 753 31 25 1,570

237 50 629 915 441 214 656 27 31 1,629

1,160 161 1,321

1,213 286 62 1,561

1,165 343 62 1,570

1,117 450 62 1,629 All Figures in Crores

F U T U R E P L A N S OF NECO GROUP To expand its focus in core sector industries, NECO GROUP has chalked out a expansion and diversification programme in : 2 X 135 MW IPP at Raigarh (pit head) 9 X 135 MW IPP at Korba (pit head) 0.30 MT Cove Oven (expansion) Coal Mining Iron Ore Mining I MT Cement Plant (Slag Based) 3 MT Integrated Steel Plant in Bastar Infrastructure and BOT Projects

THANK YOU