NECO GROUP OF COMPANIES

Serving India’s Core Sector

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:- contact@terraindia.in

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:

– CYBERABAD EXPRESSWAY LIMITED (CEL).

– HYDERABAD EXPRESSWAY LIMITED (HEL).

– PONDICHERRY TINDIVANAM TOLLWAY LIMITED (PTTL).

Names

of

SPV

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 AP-

2(From Km 12.000 to Km 23.700).

501.75 HGCL(GHMC) Gayathri Projects

Limited -

Gayathri Ventures

Private Limited –

Terra projects Limited-

Maytas 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 Limited-

Maytas 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)

PTTL-

FINANCIAL

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

GRAND TOTAL 11,188.04 7797.73 18,985.77

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

MAKE SPECO

CAPACITY 160 MT / Hr

HOT MIX PLANT

MAKE MACCONS

CAPACITY 200 MT / Hr

WET MIX MECADDAM (WMM) PLANT

MAKE SCHWINGSTETTER

CAPACITY 60 Cum / Hr

BATCHING PLANT

MAKE METSO

CAPACITY 200 Cum / Hr

CRUSHER

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

Board of Directors

JNIL – Directors & Equity Details

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 Facility

•1 MT Integrated Steel Plant

•Large Presence in BOT(Road)Project Development

•Large Captive Iron Ore and Coal Mines

•Group turnover to touch Rs 25000 Mn in 2009

•All units are 9001-2000 Complied

Iron Ore Mines

Coal Mines

Steel Plant Foundries

Coal Mines

BOT

Project

BOT Project Sales office

Corporate office

Presence of

NECO

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.

OTHER INRASTRUCTURE DIVSION

Infrastructure Companies

Jayaswal Ashoka Infrastructure Pvt. Ltd.

JAS Toll Road Company Pvt. Ltd.

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

Net Fixed Assets 0.17 0.21

Net Worth 13.25 13.25

JAYASWAL ASHOKA INFRASTRUCTURE PVT. LTD.

Project :- Construction of Road Bridge at NH6

Project completed in the year 2001

Project cost Rs. 650.00 Million

Bhandara Toll Road Bridge NH6

Year Ended 31st March 2008 2007

Share Capital 0.76 0.76

Reserves & Surplus 0.86 0.24

EBIDTA 30.77 25.14

PBT 9.12 4.14

Toll Collection 35.51 31.03

Profit after tax 8.40 3.63

Net Fixed Assets 177.03 183.61

Net Worth 76.83 76.21

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

NEELMANGALA TUMKUR 4 LANE – NH4

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

Jayaswal Neco Industries (JNIL)

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

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….

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

Steel Plant

and Mines

Division

Total Strength - 2462

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

Bankers

Term Lenders Working Capital

Lenders

ICICI

IDBI

UBI

PNB

BOI

EXIM

SBI

ICICI

UBI

OBC

ING VYASA

SBT

IDBI

JNIL – SPD Production

Facilities

Sinter facility

(0.8 millionTPA)

Coke oven

(1 lac TPA)

Blast Furnace

(0.6 million TPA)

Pig casting machine

(0.6 million TPA) &

Captive Coal

Mines

Sponge Iron

(0.25 million TPA)

Steel Melt Shop

(0.30 million TPA)

.125 MT Merchant Bar Mill

.275 MT Wire Rod Mill

Plant Overview

Steel Plant Division Raipur

Plant Overview

Plant Overviw

Foundry

Business

Foundry

Division

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

31.3.2010

Projections

31.3.2011

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

PBT 108 37 134 183

Tax 5 20 26 29

PAT 103 17 108 154

Cash Profits 162 90 191 238

EBITDA % to Net Sales 15% 18% 17% 17%

All Figures in Crores

.

Balance Sheet Position

Particulars Audited

31.3.2008

Projections

31.3.2009

Projections

31.3.2010

Projections

31.3.2011

Sources of Funds

Equity Share Capital 195 237 237 237

Preference Share Capital 50 50 50 50

Reserves and Surplus 355 366 475 629

Net Worth 600 653 761 915

Term Loans 531 686 564 441

Working capital loans 152 172 188 214

Secured Loans 682 858 753 656

Unsecured Loans 38 34 31 27

Deferred Tax Liability 1 16 25 31

TOTAL 1,321 1,561 1,570 1,629

Application of Funds

Net Fixed Assets + CWIP 1,160 1,213 1,165 1,117

Net Current assets 161 286 343 450

Investments & Other Assets - 62 62 62

TOTAL 1,321 1,561 1,570 1,629 All Figures in Crores

To expand its focus in core sector industries, NECO

GROUP has chalked out a expansion and

diversification programme in :

F U T U R E P L A N S OF NECO GROUP

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