Professional Documents
Culture Documents
Introduction to Sical
Opportunity pointers
Mission and roadmap
Financials
2
Introduction
3
Introduction
4
Introduction
More than 65% of Sical’s revenue is from its logistics
business. Sical plans to focus only on logistics services
and hive off its non-core operations
Trucking &
Others
warehousing
4%
23%
Others OSA
20% 17%
Building
CFS
Mtl Logistics 4%
16% 64%
Port Handling
52%
Up to 31 March 2006
5
Introduction
Services… 1
6 1
2
5
Integrated multimodal logistics Trucking
Warehousing
Container freight
stations
3
4
Ship chartering
and agency
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Introduction
Services
Loading, unloading, and port logistics
Pioneered discharge of coal using grabs and steel scrap using
Port terminal,
1 port handling
magnets
Ennore 20 year BOT project for TNEB.
7
Introduction
Services…2
Operating and managing near-port container freight stations,
Container and inland container depots
freight
4 stations
Alliance with Central Warehousing Corporation
– 10-year contract for operating and managing CWC’s container
freight stations at Vizag, Tuticorin and inland Container Depot at
Noida
– Sical to market and operate the facility
Bagging, dispatch by road/rail ,warehousing, handling, and
transportation
Warehousing Major customers: Fertilizers, cement, FMCG
5 Vast network of both open and closed warehouses (Own: 4 , Hired:
150)
Real-time inventory management system
8
Introduction
Divisions
PSA – Sical
Ship & Customs House Agency 62.5% : 37.5% JV
Tuticorin Container Terminal
Offshore Services
Sical Distriparks
90% Subsidiary
Ennore 55 Acre CFS
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Introduction
Presence in all major Indian ports
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Key customers
Birla White
Karnataka Power Corp
Caltex India
Castrol
Maersk
Haier Moser Baer
Henkel India Neyveli Lignite Corporation
Hindustan Lever ONGC
HPCL Pepsi
India Cements Sony
ISRO Shell India
Infosys Tamil Nadu Electricity Board
JSW Tamil Nadu Petro
Jindal Steel
TCS
Kalyani Ferrous Ind
LG
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Financials
( in Rs crore)
FY 04 FY 05 FY 06
PAT 9 31 65
12
Financials
1400 140
1200 120
1000 100
800 80
Sales
EBITDA
600 60
400 40
19.1
20
200 20
18
16
14 11.28
0 0 12
FY 04 FY 05 FY 06 10
8
6 3.26
4
2
USD 175 Mn
EPS Chart
P/E at 13X
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Opportunity pointers
Growth in freight carried
Indian logistics industry is about USD 90bn
1600 Road Rail Port
1400
Business Monitor International forecasts growth in 1200
Tonnes-km, bn
freight sector for 2006-2010 1000
600
– Implementation on public private partnership 500
model in execution of infrastructure projects 400
network 200
100
– VAT implementation to facilitate freer 0
movement of goods and help create a single FY04 FY05E FY06P FY07P
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Opportunity pointers
Infrastructure development to drive growth
Infrastructure
Investment -
Imperative
Containerization
– India-Trend in container trade
Indian containerized traffic has grown from 15.35
mn tonnes in 1994-95 to 43.67 mn tonnes in 60 Container Trade 16
Container traffic in 12
– Private participation in rail goods traffic such as 40 total
10
allowing competition in container movement and 30 8
container traffic 4
10
2
0 0
FY95FE96FY97FY98FY99FY00FY01FY02FY03FY04FY05E
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New initiatives
Proposed iron ore terminal at Ennore
To develop Iron Ore Terminal with Jetty, Shiploader, Mechanized Handling System
BOT License period – 30 years including construction phase
The consortium lead by SICAL has quoted the highest revenue share through due
process of International Competitive Tender Route
Consortium Members SICAL – 89% and L & T - 11%
Cargo generation potential at Ennore is about 15MMT
Project features
Capacity of Terminal Phase I – 12 million MT
State-of-the-art facility to handle initially Panamax and Cape size vessels up to 150,000 DWT
Ship loading rate (average) – 75,000 MT per day
Stockpile area for storing 1.2 million MT of Iron Ore
Railway wagons unloading system for 12 rakes( each 3500 MT) a day
Capacity can be expanded to 15/20 million MT
Operation on 24x7 basis throughout the year
After dredging by port can handle vessels up to 2,25,000 MT
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New initiatives
Proposed Iron Ore Terminal
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New initiatives
Project financials
Container rail project
Project Cost 370 Cr.
Operation 20 years
Sectors of Operation for EXIM Cargo Payback period 8 years
– JNPT – Delhi, JNPT – Ludhiana, Chennai – Project IRR 17 %
Bangalore and Tuticorin – Tirupur, Equity IRR 21 %
Nagpur – Mumbai
Rail movement of containerized cargo
between these sectors
Key features of project
Debt Equity at 40:60
Delhi Ludhiana Bangalore
Sical already moves over a million MT of
packed cargo per annum by rail part of this Project Cost 215 90 61
could be diverted for container movement.
SICAL’s equity 103 43 29
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New initiatives
Railway Terminal at Nagpur Hub
Airport Project financials
Project Cost Rs 60 crore
Operation Q1, FY 2008-09
Sical-led consortium to build railway terminal
for Nagpur Hub Airport Payback period 12 years
Project to be developed on BOT basis, 66 Project IRR 14.76%
year lease Equity IRR 18.40%
Capacity of the terminal is 15,000 TEUs
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Questions?
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Please contact
S. Sathiyanarayanan
sathiya@sical.com
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