Theme Paper Book 1With New Page

Total Page:16

File Type:pdf, Size:1020Kb

Theme Paper Book 1With New Page Confederation of Indian Industry N A Conclave to Showcase nvest Investment Opportunities no th in Northern States 3 - 4 November 2012 : Gurgaon, India SCALING NORTHERN HEIGHTS Knowledge Partner Confederation of Indian Industry A Conclave to Showcase nvest Investment Opportunities no th in Northern States 3 - 4 November 2012 : Gurgaon, India SCALING NORTHERN HEIGHTS CONTENTS I. THE NORTHERN REGION: AN OVERVIEW II. ADVANTAGE NORTH: AHEAD OF THE CURVE III. HIGH-GROWTH SECTORS: A WINDOW OF OPPORTUNITY IV. POLICY INITIATIVES: CONTINUOUS ENHANCEMENT V. LOOKING AHEAD: KEEPING THE FUTURE IN FOCUS Knowledge Partner The KPMG name, logo & "cutting through complexity" are registered trademarks or trademarks of KPMG International. Confederation of Indian Industry A Conclave to Showcase nvest Investment Opportunities no th in Northern States 3 - 4 November 2012 : Gurgaon, India SCALING NORTHERN HEIGHTS CONTENTS I. THE NORTHERN REGION: AN OVERVIEW II. ADVANTAGE NORTH: AHEAD OF THE CURVE III. HIGH-GROWTH SECTORS: A WINDOW OF OPPORTUNITY IV. POLICY INITIATIVES: CONTINUOUS ENHANCEMENT V. LOOKING AHEAD: KEEPING THE FUTURE IN FOCUS Knowledge Partner The KPMG name, logo & "cutting through complexity" are registered trademarks or trademarks of KPMG International. I. THE NORTHERN REGION: AN OVERVIEW India's vast northern region comprises eight accounts for approximately 30.7 percent of states — Delhi, Haryana, Himachal Pradesh, India's geographical area.1 Further, the region is Executive Summary Jammu & Kashmir, Punjab, Rajasthan, Uttar sizeable in terms of population — it is home to Pradesh and Uttarakhand — and one union around 30.5 percent of the country's territory (UT), Chandigarh. With Rajasthan being population, including Uttar Pradesh, India's most The northern region of India with 7 percent of world's population has for long served as the breeding the country's largest state by area, the region populous state.1 ground for innovation and entrepreneurship. Many Indian home grown businesses have taken roots in this part of the country and the region has also been the preferred investment gateway for foreign Table 1: Northern region at a glance players. Time is testimony to the advent of outsourcing, which started from this region when global State/ UT Geographical area Share in India's total Population Share in India's total airlines and banks preferred moving their back office work to India and opened their captive units in ('000 km square) geographical area population National Capital Region. Global auto majors like Suzuki, Honda and a large number of auto ancillaries are operating in India from some of their largest plants based out of this region. North also has its advantage Delhi 1.5 0.1% 16,753,235 1.4% of being the political power center of the country with National Capital in its folds. Haryana 44.2 1.3% 25,353,081 2.1% Himachal Pradesh 55.7 1.7% 6,856,509 0.6% The region contributes 26 percent to India's GDP and accounts for 31 percent of India's Agriculture GDP. Jammu & Kashmir 222.2 6.8% 12,548,926 1.0% The region has an abundant availability of young, educated and skilled work force. This coupled with Punjab 50.4 1.5% 27,704,236 2.3% rising income levels and strong consumer base have resulted in the proliferating investor interests in the Rajasthan 342.2 10.4% 68,621,012 5.7% region. The upcoming projects of Delhi Mumbai Industrial corridor (project worth more than USD90 Uttar Pradesh 240.9 7.3% 199,581,477 16.5% Uttarakhand 53.5 1.6% 10,116,752 0.8% billion), Eastern and Western dedicated freight corridors would provide a lasting solution to the inherent Chandigarh 0.1 0.0% 1,054,686 0.1% constraint of being distant from all sea-ports. Apart from the speedy link to the east and west coast, these Northern region 1,010.7 30.7% 368,589,914 30.5% corridors will also fuel the development of smart cities to provide impetus to investment activities in the India 3,287.2 100.0% 1,210,193,422 100.0% region. Sources: Census 2011, KPMG in India analysis The region scores high on the human development parameters as well, despite its size by area and Each state/ UT offers a distinct advantage in building the overall investment viability in the region. While, population. Three of India's top five states on the Human Development Index (HDI) belong to this part of Delhi offers a world class airport, reliable and quality power supply, excellent road and rail connectivity; 2 the country. These include Delhi (second), Himachal Pradesh (third) and Punjab (fifth). This is reflective of Punjab, Haryana and Uttar Pradesh are the major contributors to the agriculture and milk output of the the region's strong economic growth over the years, which has led to increased income and affordability country. Himachal Pradesh, Uttarakhand and Jammu & Kashmir have abundant water resources and of basic health and education services. picturesque landscapes. The region attracts millions of domestic as well as foreign tourists; the region is Table 2: Human development in the northern region home to the India's tourism icon: Taj Mahal and many famous temples and shrines like The Golden HDI rank Health rank Income rank Education rank Temple in Amritsar, Ajmer Sharif and religious destinations such as Haridwar and Varanasi. The region Delhi 2 2 1 2 also has the mineral rich state of Rajasthan and the automotive hub of India - Haryana. Add to this, the Haryana 9 11 7 11 recent spree of reforms in various sectors, the massive outlay of the twelfth five year plan, upcoming Himachal Pradesh 3 3 4 4 corridors and the National Manufacturing Policy, all these provide the required thrust to investments in Jammu & Kashmir 10 16 5 13 Punjab 4 8 the region. 5 3 Rajasthan 17 13 16 22 Uttar Pradesh 18 19 18 20 Northern region is a promising land of opportunities with its strategic location and abundant natural & Uttarakhand 14 16 13 9 manpower resources being a boon for investors. Traditionally, the northern region has lagged in Note: The ranking for Chandigarh on HDI 2011 is not available. The rankings are for 23 states of India attracting investments (FDI share of 27.5 percent between April 2000 to June 2012) and stands at the Source: India Human Development Report 2011 number two spot behind the western region (50 percent). However, with these fundamentals in place and Economic profile the commitment of the state governments for a resilient future, the region continues to be an impeccable The northern region is economically crucial for percent of national agricultural production.3 destination for growth & investments. the Indian economy, as it contributes The region's economic significance may be approximately 26.4 percent to the country's attributed to the high growth it has The following report is an attempt to highlight the advantages & opportunities of the region to the GDP and is the home to some of the richest registered over the past decade, which, in potential investors and the way forward. states and union territories including Delhi, turn, has facilitated the growth of income\ Chandigarh and Haryana.3 Further, as an and investment in the region. agrarian region, it accounts for around 32.7 1Census of India 2011, Census India website, www.censusindia.gov.in/2011 provresults/prov_results_paper1_india.html, accessed 15 September 2012 2“North India : Leveraging Opportunities for Accelerated Growth”, CII, 2012 3“Press Releases & Statements,” Ministry of Statistics and Programme Implementation, Central Statistical Organisation website, http://mospi.nic.in/Mospi_New/site/inner.aspx?status=3&menu_id=82, accessed 15 September 2012, KPMG in India analysis 1 2012 2 Confederation of Indian Industry I. THE NORTHERN REGION: AN OVERVIEW India's vast northern region comprises eight accounts for approximately 30.7 percent of states — Delhi, Haryana, Himachal Pradesh, India's geographical area.1 Further, the region is Executive Summary Jammu & Kashmir, Punjab, Rajasthan, Uttar sizeable in terms of population — it is home to Pradesh and Uttarakhand — and one union around 30.5 percent of the country's territory (UT), Chandigarh. With Rajasthan being population, including Uttar Pradesh, India's most The northern region of India with 7 percent of world's population has for long served as the breeding the country's largest state by area, the region populous state.1 ground for innovation and entrepreneurship. Many Indian home grown businesses have taken roots in this part of the country and the region has also been the preferred investment gateway for foreign Table 1: Northern region at a glance players. Time is testimony to the advent of outsourcing, which started from this region when global State/ UT Geographical area Share in India's total Population Share in India's total airlines and banks preferred moving their back office work to India and opened their captive units in ('000 km square) geographical area population National Capital Region. Global auto majors like Suzuki, Honda and a large number of auto ancillaries are operating in India from some of their largest plants based out of this region. North also has its advantage Delhi 1.5 0.1% 16,753,235 1.4% of being the political power center of the country with National Capital in its folds. Haryana 44.2 1.3% 25,353,081 2.1% Himachal Pradesh 55.7 1.7% 6,856,509 0.6% The region contributes 26 percent to India's GDP and accounts for 31 percent of India's Agriculture GDP. Jammu & Kashmir 222.2 6.8% 12,548,926 1.0% The region has an abundant availability of young, educated and skilled work force. This coupled with Punjab 50.4 1.5% 27,704,236 2.3% rising income levels and strong consumer base have resulted in the proliferating investor interests in the Rajasthan 342.2 10.4% 68,621,012 5.7% region.
Recommended publications
  • Celebrations Sep to Dec 2017
    NEW DELHI NEW DELHI Jaypee Vasant Continental Jaypee Siddharth Vasant Vihar, New Delhi – 110057, India 3, Rajendra Place, New Delhi – 110008, India Tel:+91-11-26148800, 46008800 | Fax: +91-11-26145959 Tel:+91-11-25760000, 43662500 | Fax: +91-11-25781016 Email: [email protected] Email: [email protected] GREATER NOIDA, DELHI NCR AGRA Jaypee Greens Golf & Spa Resort Jaypee Palace Hotel & Convention Centre September - December 2017 Surajpur Kasna Road, Greater Noida 201306 (U.P), India Fatehabad Road, Agra 282004, Uttar Pradesh, India Tel:+91-120-6743000, 2339900 | Fax:+91-120-233324700 Tel:+91-562-2330800 | Fax:+91-562-2330850 Email: [email protected] Email: [email protected] MUSSOORIE AHMEDABAD Jaypee Residency Manor 606 Sakar- V, Behind Natraj Cinema, Barlowganj, Mussoorie 24812, India Ashram Road, Ahmedabad- 380 009, India Tel:+91-135-2631800, 6602000 | Fax:+91-135-2631022 Tel: +91-79-2658 4768 | Fax:+91-79-26586807 Email: [email protected] Email: [email protected] BANGALORE CHANDIGARH Prestige Commercial Complex,4th Floor, Himalayan Expressway Ltd., Toll Plaza ChandiMandir, No 2 Church Street, Bangalore – 560001 | Karnataka, India Kalka Road, Panchkula, Haryana - 134107, Punjab, India Tel: +91-80-25591119/ 1120, 41521478 Mob: +91-75-0818 7877 Email: [email protected] Email: [email protected] CHENNAI HYDERABAD No. 24 (Old No. 46), 2nd floor, Dr. B.N. Road (North Boag Road) White House, 3rd block, 3rd Floor, House No. 6-3-1192/1/1, T. Nagar Chennai-600017
    [Show full text]
  • Road Safety Assessments of Modern Toll Plazas and Standardization of Its Geometric Design Navdeep Kumar Asija Department of Civi
    ROAD SAFETY ASSESSMENTS OF MODERN TOLL PLAZAS AND STANDARDIZATION OF ITS GEOMETRIC DESIGN NAVDEEP KUMAR ASIJA DEPARTMENT OF CIVIL ENGINEERING INDIAN INSTITUTE OF TECHNOLOGY DELHI OCTOBER 2019 © Indian Institute of Technology Delhi (IITD), New Delhi, 2019 ROAD SAFETY ASSESSMENTS OF MODERN TOLL PLAZA AND STANDARDIZATION OF ITS GEOMETRIC DESIGN by Navdeep Kumar Asija Department of Civil Engineering Submitted In fulfillment of the requirements of the degree of Doctor of Philosophy to the INDIAN INSTITUTE OF TECHNOLOGY DELHI OCTOBER 2019 Certificate This is to certify that the thesis entitled “Road Safety Assessments of Modern Toll plazas and Standardization of its Geometric Design” submitted by Mr. Navdeep Kumar Asija to the Indian Institute of Technology Delhi, India for the award of the degree of Doctor of Philosophy, is a record original bona fide research work carried out by him. Navdeep has worked under my guidance and supervision. To the best of my knowledge, the thesis has met the requisite standards. The material contained in this thesis has not been submitted, in part or in full, to any other university or institute for the award of any degree or diploma. (Dr. Greetam Tiwari) Professor Department of Civil Engineering Indian Institute of Technology Delhi New Delhi - 110016 Date: Place: New Delhi i Acknowledgments This Doctoral thesis is the result of the support, motivations, and blessings of many individuals and Almighty. I feel obliged to write this acknowledgment, and I believe that every person who has been a part of my life and taught me various academic/ non-academic skills has given shape to this research work.
    [Show full text]
  • JAIPRAKASH ASSOCIATES LIMITED (Formerly Jaypee Cement Limited) Corporate & Registered Office: Sector 128, Noida - 201304, U
    Private & Confidential – For Private Circulation Only (This Information Memorandum is neither a Prospectus nor a Statement in Lieu of Prospectus) JAIPRAKASH ASSOCIATES LIMITED (Formerly Jaypee Cement Limited) Corporate & Registered Office: Sector 128, Noida - 201304, U. P. (India) Head Office: JA House, 63, Basant Lok, Vasant Vihar, New Delhi 110057 (India) Tel No.011-26141540/26147411, Fax No. 011-26145389/26143591 website: www.jalindia.com Contact person and Compliance Officer: Mr. Harish Vaid ; E-mail: [email protected] PRIVATE PLACEMENT OF 5000 SECURED REDEEMABLE NON-CONVERTIBLE DEBENTURES OF RS.10,00,000/- EACH FOR CASH AT PAR AGGREGATING RS.500 CRORES GENERAL RISKS For taking an investment decision, investors must rely on their own examination of the Issue and the Information Memorandum including the risks involved. The Issue has not been recommended or approved by Securities and Exchange Board of India (SEBI) nor does SEBI guarantee the accuracy or adequacy of this Information Memorandum. CREDIT RATING “CARE A+” (pronounced CARE single A Plus) by CARE Limited for Rs.500 crores long term secured NCDs indicating “adequate safety for timely servicing of debt obligations. Such instruments carry low credit risk”. The rating is not a recommendation to buy, sell or hold securities and investors should take their own decision. The rating may be subject to revision or withdrawal at any time by the assigning rating agency and each rating should be evaluated independently of any other rating. The rating obtained is subject to revision at any point of time in the future. The rating agencies have a right to suspend, withdraw the rating at any time on the basis of new information etc.
    [Show full text]
  • Investor Presentation December 2014 1 Corporate Structure Jaipp()Rakash Associates Limited (JAL) E&C Cement – 19.45 MTPA Real Estate & Hospitality Listed Company
    Investor Presentation December 2014 1 Corporate Structure Jaipp()rakash Associates Limited (JAL) E&C Cement – 19.45 MTPA Real Estate & Hospitality Listed company BOO Power Cement Infrastructure 60.72% Jaiprakash Power Ventures Ltd (JPVL) Jaypee Infratech Limited 400 MW Vishnuprayag HEP # (JIL) # 500 MW Bina TPP # Bhilai SAIL JV 74% 165 Km long expressway $ # 1,320 MW Nigrie TPP (UI) 2.2 MTPA 71.64% with 443 mn sq ft Real Estate Development (Yamuna Expressway) Himachal Baspa Power Co. Ltd.@ Jaypee Cement # 100% 99% 300 MW Baspa – II HEP Corporation Limited Himalayan Expressway 1000 MW Karcham Wangtoo HEP # Limited # Balaji Cement 100% (5 MTPA) # (NHAI BOOT P roj ect) Prayagraj Power Generation Co. Ltd.(1)(1) 86% 1980 MW Bara TPP – 1980 MW (UI)* Jaypee Sports Int’l Limited. 100% Jaypee Powergrid Limited (Formula-1) # 74% 214 KM Long Transmission System# 3 SPVs for executing an aggregate capacity of Jaypee Fertilizers & # 5900 MW 100% Industries Limited (JFIL) (Fertilizer Plant at Kanpur) @ Projects under transfer to new entities through Scheme of Arrangement $ 660 MW Unit-I COD on 3rd Sept, ‘14 Projects where disinvestment recently announced * UI - Under Implementation (1) JAL has a right to subscribe up to 26% equity in this project # In Operation Market Cap. (02nd Dec’ 14) – JAL INR 72.37 Bn (USD 1.21 Bn); JPVL INR 38.14 Bn (USD 0.64 Bn) ; JIL INR 28.96 Bn (USD 0.48 Bn) 2 Jaypee Group Disinvestment Program (in Rs Cr) (US$ Mn) Disinvestment Assets for Amount Disinvestment Gujarat Cement Plant; Upto Mar '14 6,180 (1,066) Completed Bokaro
    [Show full text]
  • Celebrations Jan to April 2018
    Sales & Reservations Offices NEW DELHI NEW DELHI Jaypee Vasant Continental Jaypee Siddharth Vasant Vihar, New Delhi – 110057, India 3, Rajendra Place, New Delhi – 110008, India Tel:+91-11-26148800, 46008800 | Fax: +91-11-26145959 Tel:+91-11-25760000, 43662500 | Fax: +91-11-25781016 Email: [email protected] Email: [email protected] GREATER NOIDA, DELHI NCR AGRA Jaypee Greens Golf & Spa Resort Jaypee Palace Hotel & Convention Centre G-Block, Surajpur Kasna Road, Greater Noida 201306 (U.P), India Fatehabad Road, Agra 282004, Uttar Pradesh, India Tel:+91-120-6743000, 2339900 | Fax:+91-120-2324700 Tel:+91-562-2330800 | Fax:+91-562-2330850 January - April 2018 Email: [email protected] Email: [email protected] MUSSOORIE AHMEDABAD Jaypee Residency Manor 606 Sakar- V, Behind Natraj Cinema, Barlowganj, Mussoorie 248122, India Ashram Road, Ahmedabad- 380 009, India Tel:+91-135-2631800, 6602000 | Fax:+91-135-2631022 Tel: +91-79-2658 4768 | Fax:+91-79-26586807 Email: [email protected] Email: [email protected] BANGALORE CHANDIGARH Prestige Commercial Complex,4th Floor, Himalayan Expressway Ltd., Toll Plaza ChandiMandir, No 2 Church Street, Bangalore – 560001 | Karnataka, India Kalka Road, Panchkula, Haryana - 134107, Punjab, India Tel: +91-80-25591119/ 1120, 41521478 Mob: +91-75-0818 7877 Email: [email protected] Email: [email protected] CHENNAI HYDERABAD No. 24 (Old No. 46), 2nd floor, Dr. B.N. Road (North Boag Road) C/o Andhra Cements, Door No. 8-2-120/76/1/B/14
    [Show full text]
  • CRWR]V Via`D~
    %) C * ; 9 9 9 # 1-3456 0 0 ,-.*/ *+ I7DD7D874' 1D.ED)*. <114D8E84. )*1ED1<+1= <+6).15)< +4)!4!+7)1) 6 . $2F ( G" H) 7 8 %3979:34;359 ! "$% !& # $ % Q ' " R( $ )*+ Dassault official had explained 456!+ 7 : to its staff that the joint venture : O1 was a “trade-off.” 456!+ !"# R %& resh firework has erupted in L M The French aviation com- Fthe Rafale deal after a ; pany, however, denied the ressure mounted on Union # ' French investigative website + O1 report and said it “has freely PMinister MJ Akbar to Mediapart quoted an internal 7 chosen to make a partnership resign after the RSS indicated the support, so they can speak Dassault Aviation document 7 4 ) with India’s Reliance Group.” its support to the “victimised” out. “I feel there are enough revealing that the fighter jet * “This joint-venture, Dassault women journalists even as instruments in our judicial and manufacturer had no option ; < Reliance Aerospace Ltd Textile Minister Smirit Irani police systems to deliver justice but to enter into a joint venture (DRAL), was created February backed the #MeToo movement and I am hopeful that all these with Anil Ambani’s Reliance 1 ;7O 10, 2017. Other partnerships and said Akbar should speak ladies who are speaking out get, *7 Defence as it was presented as have been signed with other for himself. ) + due to due process, the justice “mandatory” and a “trade-off” companies such as BTSL, DEF- Giving clear hints on that they deserve,” Irani said. if the French company had to 5 SYS, Kinetic, Mahindra, Maini, Sangh’s stand on the allegation ; N Foreign Minister Sushma bag the 36 Rafale jets deal.
    [Show full text]
  • Yamuna Expressway Progress Section 4 Real Estate Development
    June 2012 Agenda Section 1 Jaypee Group Overview Section 2 Comppyany Overview Section 3 Yamuna Expressway Progress Section 4 Real Estate Development Section 5 Financial Overview Section 6 Key Highlights 2 Section 1 Jaypee Group Overview 3 Jaypee Group at a Glance Jaypee Group is a leading integrated infrastructure conglomerate in India with exposure to the power generation, cement, construction and real estate sectors JAL has participated in Largest Private Hydropower projects that have added Group 8840 MW to the national z 1700 MW operational grid between 2002 and 2009 z 3920 MW under various stages of development Power Generation Engineering & Thermal Power Construction z 2x250 MW at Bina z 2x660 MW at Nigrie with captive coal z 3x660 MW Bara Project z 2x660 MW Karchana Project 3rd Largest 165 km Yamuna Cement Group Expressway with 33.3MTPA 3 MTPA (No ida to Agra ) capacity operational & 35.9 MTPA by FY 2013 Cement Real Estate Development Real Estate & z Yamuna expressway: Expressways 530 Mn. Sq feet expected to be 33.3 MTPA capacity in operation developed 4 Corporate Structure Jaiprakash Associates Limited (JAL) E&C Cement – 31.6 MTPA Real Estate & Hospitality Listed company BOO Power Cement Infrastructure 67. 9% Jaiprakash Power Ventures Ltd (JPVL) Jaypee Infratech Limited # Cement JVs 300 MW Baspa – II HEP (JIL) 400 MW Vishnuprayag HEP # (()4.3 MTPA) 165 Km long expressway 1,000 MW Karcham Wangtoo HEP # 83.1% with 530 mn sq ft Real 1,320 MW Nigrie TPP (UI)* Coal Mining Estate Development (Yamuna Expressway) 1200 MW Bina TPP (500 MW UI)* (Cement) Mandla (()N) -JAL Prayagraj Power Generation Co.
    [Show full text]
  • Jaiprakash Associates Initiating Coverage
    Jaiprakash Associates Initiating Coverage REDUCE Risky Association Jaiprakash Associates (JAL) is one of the largest Infrastructure conglomerates in India Price Rs139 with a presence in varied sectors like Cement, Real Estate, Power and Construction and Target Price Rs112 EPC (C&EPC). JAL targets to become one of the Top-3 cement companies, be one of the largest Real Estate developers in India, have a Power portfolio of 5,945MW, and have Investment Period 12 months 1,212km of Expressways with tolling rights. Our estimates suggest that JAL would require Rs50,000cr of funding (particularly for the Yamuna and Ganga Expressway projects), which Stock Info we believe would be a herculean task to achieve. Further, achieving financial closure for all Sector Infrastructure its power projects would also be difficult. Moreover, considering the poor demand outlook for the Real Estate Sector and the challenges emerging in the Cement Sector in terms of an Market Cap (Rs cr) 16,437 oversupply situation getting created, we believe the going may be tough for the Beta 1.5 company. This makes us apprehensive of the returns from JAL's expansion plans and thus Initiate Coverage on the stock with a Reduce rating and SOTP Target Price of 52 Week High / Low 297/47 Rs112/share, implying a downside of 20% from current levels. Avg Daily Volume 5,149,225 Major Segments face strong Headwinds: JAL has interests in the Cement and Real Face Value (Rs) 2 Estate Sectors. We believe that JAL will have to tackle the strong headwinds that these Sectors are facing as demand continues to dwindle and credit availability remains weak.
    [Show full text]
  • Jaiprakash Associates the Wheel of Fortune
    Jaiprakash Associates The wheel of fortune Aashiesh Agarwaal, CFA +91 22 4063 5491 aashies h.agarwaa l@e de lcap.com ObOctober 2012 ISIEmergingMarketsPDF in-jaipuriaimdemo from 203.190.147.205 on 2013-01-06 04:59:10 EST. DownloadPDF. Downloaded by in-jaipuriaimdemo from 203.190.147.205 at 2013-01-06 04:59:10 EST. ISI Emerging Markets. Unauthorized Distribution Prohibited. Investment Rationale • Stock presents 78% upside from CMP: The Jaiprakash Associates (JPA) stock presents 78% upside against CMP of INR82/share, powered by earnings growth; assuming an EV/EBITDA multiple close to 5‐year low • EV to surge to ~INR855bn in FY14E from ~INR721bn in FY13E • EBITDA surges 99% to INR107bn in FY15E from INR54bn in FY12 driven by power and cement • Debt to peak in FY13/14 as most of the planned capex has been commissioned • We estimate JPA to generate INR290bn from its operations over FY13‐15E—broadly split among real estate, cement and power assets—against interest obligations of INR157bn over same period • Equity value jumps to ~INR304bn from INR171bn, a 78% increase • EV/EBITDA assumed at near 5‐year low for our target price! • Scaled up to one of the largest infrastructure players in its key segments: JPA has emerged as the third largest cement manufacturer, largest real estate developer, largest private hydro power generation company, operator of India’ s longest expressway and the only owner of F1 sports track in the country • Proven track record of strong execution capability and on‐time delivery: JPA has a proven execution record of developing world‐class assets with commendable timeliness given the operating envitironment • Additional triggers: • Debt reduction: The company has guided to asset sales / debt reduction of INR100bn over the next 6‐ 12 months.
    [Show full text]
  • Final Celebrations Sep-Dec 2019
    TESTIMONIALS Sales & Reservations Offices “Comfortable Stay” “A stay with lifetime memories” “Great service and convenient location” Everyone was very kind and helpful. The hotel was very We stayed in JP Agra for 1 night This Hotel lies in close proximity to Airport, to clean. Breakfast was great. I was here on medical visit with my family, which included 9 Government offices & basic services are also at NEW DELHI NEW DELHI they went above and beyond their parameters to help adults and 2 children. I must say it nearby locations. The staff was very cooperative Jaypee Vasant Continental Jaypee Siddharth me be comfortable. very well maintained. The staff was with overall amazing quality of food. Vasant Vihar, New Delhi – 110057, India 3, Rajendra Place, New Delhi – 110008, India - Karen G Pits very helpful and regarding. - Shamim Tel:+91-11-26148800, 46008800 | Fax: +91-11-26145959 Tel:+91-11-25760000, 43662500 | Fax: +91-11-25781016 - Shubhani Gupta Email: [email protected] Email: [email protected] “Great hotel located close to the Taj Mahal” “Perfect weekend getaway” “One of the best hotels ever visited” The staffs were amazing!! The hotel was beautiful! The We family of 5 along with an infant had From the ambience to the courteous staff, buffet was really nice good range of food for gone for spending a birthday this hotel is mesmerizing in all forms. The GREATER NOIDA, DELHI NCR AGRA everyone’s taste. weekend. It was just wonderful. We property is huge, the service is prompt. I was Jaypee Greens Golf & Spa Resort Jaypee Palace Hotel & Convention Centre - Kavita were greeted with a garland and a staying on the ground floor and my balcony G-Block, Surajpur Kasna Road, Greater Noida 201306 (U.P), India Fatehabad Road, Agra 282004, Uttar Pradesh, India teeka.
    [Show full text]
  • Annual Report for the Year 2019-20
    Chief Financial Officer Ashok Soni Board of Directors Company Secretary Jaiprakash Gaur - Director (Founder Chairman) M M Sibbal Manoj Gaur - Executive Chairman & CEO Joint President & Company Secretary Sunil Kumar Sharma - Executive Vice Chairman Statutory Auditors Rajendra K.Goel & Co., Chartered Accountants, New R.N. Bhardwaj - Independent Director Delhi K.N. Bhandari - Independent Director Secretarial Auditors CS Ashok Tyagi Ms. Homai A Daruwalla - Independent Director Practising Company Secretary, New Delhi S.C.K. Patne - Independent Director Cost Auditors K. P. Rau - Independent Director J K Kabra & Co., Cost Accountants, New Delhi Registrar & Transfer Agents T.R. Kakkar - Independent Director Alankit Assignments Ltd, New Delhi Sunny Gaur - Managing Director (Cement) Bankers/Lenders (Resigned w.e.f. 04-07-2020) Axis Bank Limited Pankaj Gaur - Jt. Managing Director Bank of Baroda (including erstwhile Dena Bank & Vijaya (Construction) Bank) Bank of India Ranvijay Singh - Whole-time Director Bank of Maharashtra Canara Bank (including erstwhile Syndicate Bank) Central Bank of India Contents Page No. Export Import Bank of India Directors’ Report (with Annexure(1 to 9 ) 2-70 HDFC Bank Limited Secretarial Audit Report 71-76 ICICI Bank Limited Corporate Governance Report 77-101 Indian Bank (including erstwhile Allahabad Bank) Indian Overseas Bank Declaration by the Executive Chairman & CEO 102 IDBI Bank Limited Independent Auditors’ Certificate on 102 IFCI Limited Corporate Governance. Indusind Bank Ltd Management Discussion & Analysis Report
    [Show full text]
  • Investor Presentation May 2014 1 Corporate Structure Jaiprakash Associates Limited (JAL) E&C Cement – 19.2 MTPA Real Estate & Hospitality Listed Company
    Investor Presentation May 2014 1 Corporate Structure Jaiprakash Associates Limited (JAL) E&C Cement – 19.2 MTPA Real Estate & Hospitality Listed company BOO Power Cement Infrastructure 60.69% Bokaro SAIL JV Jaiprakash Power Ventures Ltd (JPVL) 74% # 2.1 MTPA Jaypee Infratech Limited # 400 MW Vishnuprayag HEP Bhilai SAIL JV (JIL) # # 500 MW Bina TPP 74% 2.2 MTPA # 165 Km long expressway 71.64% with 530 mn sq ft Real 1,320 MW Nigrie TPP (UI)* Jaypee Cement Estate Development Corporation Limited (Yamuna Expressway) (9.8 MTPA) # Himachal Baspa Power Co. Ltd.@ 100% Balaji Cement Himalayan Expressway # # 100% 300 MW Baspa – II HEP (5 MTPA) # 100% Limited Gujarat Cement Himachal Karcham Power Co. Ltd. @ (NHAI BOOT Project) (4.8 MTPA) # 100% 1,000 MW Karcham Wangtoo HEP # Coal Mining Jaypee Sports Int’l Limited. Prayagraj Power Generation Co. Ltd.(1) 90.5% # 86% (Cement) (Formula-1) 1980 MW Bara TPP – 1980 MW (UI)* Mandla (N) & Mandla (S) JV of JAL & MPSMCL Jaypee Powergrid Limited 74% 214 KM Long Transmission System# Jaypee Fertilizers & Coal Mining (Power) 100% Industries Limited (JFIL) # JVs of JAL & MPSMCL (Fertilizer Plant at Kanpur) 3 SPVs for executing an aggregate capacity of Amelia (N) # & Dongri Tal 5900 MW (For Nigrie Thermal) * UI - Under Implementation # (1) JAL has a right to subscribe up to 26% equity in this project @ Projects under transfer to new entities through Scheme of Arrangement Projects where disinvestment recently announced In Operation rd Market Cap. (23 May ‘14) – JAL INR 173.42 Bn (USD 2.99 Bn); JPVL INR 74.04 Bn (USD
    [Show full text]