30
2009 IMaCS – A Profile ICRA Management Consulting Services Limited
2009
IMaCS – A Profile
ICRA Management Consulting Services Limited
IMaCS - A profile
© IMaCS 2009
Printed 11-Feb-09
Page 2
About this document
This document provides a business profile and capabilities of IMaCS
IMaCS (ICRA Management Consulting Services Limited) is a wholly-owned subsidiary of
ICRA Limited (referred to as ICRA in this document)
The information provided in this document is subject to change without notice
IMaCS - A profile
© IMaCS 2009
Printed 11-Feb-09
Page 3
Introduction to IMaCS
IMaCS is a management consulting firm headquartered in India
We have seven offices in India and an operating footprint across 35 countries
Over the past 15 years, we have completed about 900 projects with 400 clients
We operated as a division of ICRA till March 31, 2005 when we were demerged
Our clients comprise Governments, multilateral agencies, regulators, banks,
corporates and institutional investors
Three lines of service: (1) Consulting (2) Analytics (3) Transaction Advisory
Expertise in Strategy, Risk Analytics, Process Re-engineering, Corporate Finance,
Regulatory Economics, and Development Consulting
IMaCS - A profile
© IMaCS 2009
Printed 11-Feb-09
Page 4
IMaCS is part of the ICRA group, which has interests in Credit Rating, Management Consulting, IT & KPO businesses
ICRA is a listed company in Mumbai, India. Principal shareholders include: Moody’s Banks & Financial Institutions Investment Institutions Insurance companies Employees’ Trust General Public
Management
Consulting
IT &
Analytics
100% owned by ICRA Limited
ICRA Limited(Credit Rating)
KPO &
Information
ICRA Group
IMaCS - A profile
© IMaCS 2009
Printed 11-Feb-09
Page 5
IMaCS is organised under five business groups
IMaCS- Business Groups -
InfrastructureBanking &Finance Energy Corporate
Government/ Multi-lateral s
• Banks• Financial Institutions• Financial Services Cos.• Asset Management• Insurance• Private equity• Micro-finance• Financial Exchanges
• Roads & Highways• Railways • Ports & Shipping• Airports & Air services• Special Economic Zones• Urban Transport • Municipal Finance• Water & Sanitation
• Electricity• Generation• Transmission• Distribution
• Coal• Gas & Pipelines• Renewables• Carbon Finance
• Automotive & Engineering• Metals, Mining & Chemicals• Retailing & Consumer Goods• Healthcare & Life Sciences• Tourism & Hospitality• Media & Entertainment• Technology & Telecom• SME
• Central Govt.• State / Federal• Local Govt• Municipalities• Multilaterals• Regulators
Board of Directors
Mr. D.N. Ghosh, Chairman
Mr. P.K. Choudhury
Mr. P.S. Shenoy
Mr. D.P. Roy
Mr. C.M. Vasudev
Mr. R.R. Rao, Managing Director
• 15 year operating history
• Completed over 900 engagements
• Relationships with 500 clients
• Worked in over 35 countries
• Research across 70industries
• Over 80 full time professionals
Key Statistics
IMaCS - A profile
© IMaCS 2009
Printed 11-Feb-09
Page 6
IMaCS’ services can be grouped under three themes
IMaCS
(Range of Services)
ConsultingResearch & Analytics
Transaction Advisory
• Strategy consulting• Process consulting• Development consulting• Risk management• Quantitative modelling• Economic regulation• Public policy• Change management
• Market intelligence• Customised research• Risk analytics/software• Credit analytics• Quantitative Analytics• Industry/Sector research• Macroeconomic research• Index development
• M&A• Due diligence • Valuation• Project advisory• Financial restructuring• Public Private Partnership• Bid / Financial advisory• Corporate Finance
IMaCS - A profile
© IMaCS 2009
Printed 11-Feb-09
Page 7
Denotes either projects done or clients located in a country
IMaCS has an international footprint – we have on-the-ground consulting experience in over 35 countries
IMaCS - A profile
© IMaCS 2009
Printed 11-Feb-09
Page 8
Strategy
Risk
Management
Enhancing Competitiveness / Market Assessment / Improving effectiveness /
Market Intelligence / Strategy formulation
Credit Risk / Market Risk/ Operational Risk / EWRM/ Risk Analytics/ Software
Transaction
AdvisoryM&A / Due diligence / Project Advisory / Bid advisory / Financial restructuring
Policy &
RegulationRegulatory Economics / PPP Models/ Governance
Process
ConsultingCost reduction / Process re-engineering / Organisation design
IMaCS focuses on six practice areas
Development
Consulting
Investment Institutional Capacity Programme Sustainable
Climate Strengthening Building Management Development
1
2
3
4
5
6
Service offerings
IMaCS - A profile
© IMaCS 2009
Printed 11-Feb-09
Page 9
Range of consulting services…1Strategy Practice
Market assessment studies (environment scanning, demand modelling, macro-economic studies,
benchmarking, consumer behaviour studies, and market intelligence)
Strategy formulation (Growth, Diversification and Entry strategies )
Enhancing shareholder value (strategies for improving competitiveness, increasing profits, cost
reduction, and value enhancement)
International trade and competitiveness (related to WTO, FTAs, & RTAs)
We think that strategy is about enhancing competitiveness.Our offerings are...
Strategy1
IMaCS - A profile
© IMaCS 2009
Printed 11-Feb-09
Page 10
Select clients in our Strategy Practice…A
• Volvo
• Tata Motors
• Toyota
• Hyundai Motors
• M&M
• Maruti Suzuki Limited
• Cummins India
• NATRIP
• Sumitomo
• Apollo Tyres
• Sundram Fasteners
• Rane Madras
• Roots
• Dunlop
Automotive
• Larsen & Toubro
• BHEL
• Biecco Lawrie
• Caterpillar-TIL
• IDIADA, Spain
• Mazagon Docks
• Philips
• Andrew Yule
• Thermax
• HMT
• Phoenix Yule
• Doosan Industries
• Century Metal
• NALCO
Engineering / Mining
• Hindustan Unilever
• Parry Confectionery
• ITC
• Perfunova
• Kaventer Agro
• MAFCO
• Heritage
• Indo Nippon
• Radico Khaitan
• Liberty Shoes
• ICI
• Hindustan Foods
• Action Shoes
Consumer Goods
Strategy1
IMaCS - A profile
© IMaCS 2009
Printed 11-Feb-09
Page 11
Clients in our Strategy Practice…B
Govt. of Uttaranchal
UTV Limited MTNL PhilipsHutchison
Indian Hotels (Taj group)
East India Hotels (Oberoi)
Jet Airways
Sample clients across various industries - Telecom / Government / Tourism
Planning Commission
Comptroller & Auditor General
of India
Ministry of Commerce
Disinvestment Commission
Strategy1
IMaCS - A profile
© IMaCS 2009
Printed 11-Feb-09
Page 12
Clients in our Strategy practice…C
Sundaram Finance
Sample clients in the Banking and Infrastructure sectors
Bank of Nova Scotia
IFCBank of
Seychelles
India Infra Finance Ltd
World Bank
Banpu Thailand Acciona, SpainPowergrid
Corporation
Cal Bank, Ghana IDBIOriental Bank of
Commerce
Strategy1
IMaCS - A profile
© IMaCS 2009
Printed 11-Feb-09
Page 13
Range of consulting services…2Risk Management
Risk management processes & systems as per the Basel II Accord - Credit risk, Market & Operational Risk
Enterprise-wide risk management (for manufacturing, financial & service companies)
Strategies for mitigating risk (restructuring portfolios, derivatives, securitisation, contract structuring)
Risk modelling for all situations – e.g. investment / credit portfolios, large projects, complex instruments
Counter-party risk assessment systems (for managing debtors/trading positions)
World class software for risk management and credit management in banks /financial institutions
Training for risk management - banks, financial service organisations, and fund managers
The essence of Risk management is to manage uncertainty withsound policies, processes, tools, and systems. We provide a full service
Our clientele is across all sectors - Banking, Infrastructure, Manufacturingand services. Our offerings are:
Risk2
IMaCS - A profile
© IMaCS 2009
Printed 11-Feb-09
Page 14
Clients in our Risk Management practice…A
Union National Bank, UAE
Sample clients in the Banking / Financial sector
IDBI Clearing
Corporation of India
Bank of India
HDFC
State Bank
of India
YES Bank Bank of ZambiaNational Housing
Bank
EXIM Bank of India
The Future Group
PTA Bank, Africa
Risk2
IMaCS - A profile
© IMaCS 2009
Printed 11-Feb-09
Page 15
Clients in our Risk Management Practice…B
GMR Group
Sample clients in the Infrastructure Sector
Tata Power RPG Group Reliance Energy
PowerGen
A.P. Transco
Eastern Generation
Gujarat Maritime Board
Commonwealth Development Corporation
IRFC Ennore PortInternational Sea
Ports
Risk2
IMaCS - A profile
© IMaCS 2009
Printed 11-Feb-09
Page 16
Clients in our Risk Management Practice…C
Sample clients in the Manufacturing / Service sector
Oil IndiaGas Authority of
India LimitedNALCO
Hindustan
Aeronautics
Indian Oil
Sesa GoaGujarat Narmada
FertilisersBHEL
ICI IFFCO TVS ElectronicsMitsubishi
Risk2
IMaCS - A profile
© IMaCS 2009
Printed 11-Feb-09
Page 17
Range of Consulting Services…3Process Consulting
Cost reduction
Business Process Re-engineering
Organisation and process design
Supply chain management
Customer relationship management
Information & systems design
We focus on improving process and organisational efficiency of our clients in a wide variety of settings and across functions
Our clientele is across all sectors - Banking, Infrastructure, Manufacturing
and services. Our offerings are:
Process
Consulting3
IMaCS - A profile
© IMaCS 2009
Printed 11-Feb-09
Page 18
Select Clients in our Process Consulting Practice
Sample clients across various industries
East India Hotels Mersey
(Hongkong)
Karnataka Industries Area
Dev. Board
MTNL
Hindustan Unilever
Peerless HotelsMitsubishi Industries
National Health Resource Centre
Tata
Motors
Peerless General Finance
Canara BankCentral Reserve
Police Force
Process
Consulting3
IMaCS - A profile
© IMaCS 2009
Printed 11-Feb-09
Page 19
Range of Consulting Services 4…Transaction Advisory
Our Transaction Advisory practice focuses on M&A, Project Advisory, Financial Advisory, and Asset restructuring
Investment advisory / M&A
Partner search & due diligence
Valuation / Structuring of deal
Deal negotiation and finalisation
Post merger/acquisition alignment
Asset restructuring/ purchase/sale
Structuring/valuation of financial
instruments / Ratings advisory (ex-India)
Structuring concession agreements
Bid process management
Financial modelling for large project
Project / bid structuring
Risk assessment & contract structuring
Assisting in financial closure
Payment security mechanisms
Corporate Finance (M&A, Asset restructuring) Project Finance (focus on infrastructure )
Transaction
Advisory4
IMaCS - A profile
© IMaCS 2009
Printed 11-Feb-09
Page 20
Clients in our Transaction Advisory Practice…A
Sample clients across various sectors – Engineering / Banking / Telecom & Technology
Sundram Fasteners
TVS Electronics
Tinplate Industries
ICICI Bank
Larsen & Toubro
Canara Bank Sequoia Capital Bank of India
Shyam Telecom
TIL Limited
UTVHutchison
Transaction
Advisory4
IMaCS - A profile
© IMaCS 2009
Printed 11-Feb-09
Page 21
Clients in our Transaction Advisory Practice…B
Sample clients across various infrastructure sectors – Roads/ Railways / Power
Leighton Contractors
(India)
NTPC
Ecorys, Rotterdam
IRCON
GMR Projects
Govt of Delhi (Delhi Mono Rail
Project)Konkan Railway Kutch Railway
Powergrid Corporation
Ove Arup & Partners
International, UK
Tata PowerRanhill, Malaysia
Transaction
Advisory4
IMaCS - A profile
© IMaCS 2009
Printed 11-Feb-09
Page 22
Range of Consulting Services 5…Policy & Regulation
We focus on Institutional Reform and Regulatory Economics with Government / Regulators and in Infrastructure sectors
Sector / Institutional reform
Fiscal / Administrative reform
Subsidies
Capacity building for improving
(a) governance (b) service delivery
Public-private partnerships
Governments - Central / Federal / Local
Tariff determination & pricing policy
Licensing policies
Competition policy
Regulatory reform
Studies on impact of regulation
Regulatory authorities / Service providers
Policy &
Regulation5
IMaCS - A profile
© IMaCS 2009
Printed 11-Feb-09
Page 23
Clients in our Policy & Regulation Practice…A
Sample clients across various categories
Reserve Bank of India
Comptroller & Auditor General,
Govt. of India
Airports Authority of
India
Ministry of Commerce &
Industry
The Planning Commission
Asian Development
Bank
National Institute of
Urban Affairs
National Institute of
Public Finance & Policy
The
Disinvestment Commission
The World Bank
Government of Pondicherry
Financial Institutions
Reforms Exchange
Policy &
Regulation5
IMaCS - A profile
© IMaCS 2009
Printed 11-Feb-09
Page 24
Clients in our Public policy practice…BPolicy & Regulation
Sample clients across Energy / Telecom / Transportation / Urban sectors
DfID
Ministry of Economic
Reforms Govt. of Sri Lanka
Ministry of Power,
Government of India
Ministry of Renewable
Energy Sources
Central Electricity Regulatory
Commission
The World BankAsian
Development Bank
APEDA, Ministry of Commerce &
Industry
Dept. of Telecom, Govt of
India
Delhi Electricity Regulatory
Commission
Government of Kerala
Telecom Regulatory
Authority of India
Policy &
Regulation5
IMaCS - A profile
© IMaCS 2009
Printed 11-Feb-09
Page 25
Clients in our Public policy practice…CConsulting with Governments in Vision Formulation, Skills Development & Administrative Reform
Government of Punjab
Government of West Bengal
Government of Andhra Pradesh
Government of Chattisgarh
Government of Rajasthan
Government of Himachal Pradesh
Government of Kerala
Department of Science &
Technology
Government of Bihar
Government of Jammu & Kashmir
Government of Orissa
Government of Haryana
Policy &
Regulation5
IMaCS - A profile
© IMaCS 2009
Printed 11-Feb-09
Page 26
Range of Consulting Services…6Development Consulting
We focus on human development, environment and equity
Our clientele is across Governments, Multilateral agencies, Development
Aid Agencies, Foundations, and Corporates.
Services offered
Policy and sector studies and analyses
M&E and impact assessment
Participatory field research
Sector reform and restructuring
Enabling e-governance
Fiscal and administrative reforms, and expenditure management
Regulatory reforms, tariffs and quality of service
Areas of work
Human development and sub-sectors - education, health, employment, R&R, and poverty
Environment and sub-sectors, including water supply, WRM, sanitation and climate change
SME, MSME, & Micro-finance
Corporate social responsibility
Knowledge management
Development
Consulting6
IMaCS - A profile
© IMaCS 2009
Printed 11-Feb-09
Page 27
Select Clients in our Development Consulting Practice
Tamil Nadu Urban Financial
Services Ltd
Eco Asia Project (USAID funded)
DfID (India)
APEDA, Ministry of Commerce &
Industry
UNICEF (India)
Economic Growth of MMR(USAID funded)
Universal Service Obligation Fund Administrator
World Bank Institute
Asian Development
BankWorld Bank Microsoft, USAID
Baxter Chronic Care Foundation
Development
Consulting6
IMaCS - A profile
© IMaCS 2009
Printed 11-Feb-09
Page 28
How does IMaCS add value to clients?
IMaCS enjoys strong credibility for its incisive, objective, and high-impact analysis
IMaCS has built a reputation for providing implementable solutions for complex business and
development problems across a variety of sectors
IMaCS is widely regarded by stakeholders for its thought leadership and independent positioning
• Reputation of IMaCS’ shareholders
• Highly qualified and experienced employees / associates
• A world-class knowledge-base, research & analytics
• Our ability to put out independent analysis and forthright opinions
The above arise from
IMaCS - A profile
© IMaCS 2009
Printed 11-Feb-09
Page 29
For additional details, please contact…..
V.SriramIMaCSV Floor, Karumuttu Centre634 Anna SalaiChennai - 600 035Tel : 91 44 24340043 / 24348080Fax: 91 44 24343663email: [email protected]
Bhaskar SomIMaCSFMC Fortuna, A-13 V Floor234/3A, AJC Bose RoadCalcutta - 700 020Tel : 91 33 22876617 / 22878839Fax: 91 33 22470728email: [email protected]
Arijit Bhattacharya IMaCSLogix Park, First FloorPlot No. A4 & A5Sector 16Noida – 201 301Tel : 91 120 4515800Fax: 91 120 4515850email: [email protected]
Harish KamathIMaCS4th floor, Electric MansionAppasaheb Marathe MargPrabhadeviMumbai - 400 025Tel : 91 22 3047 0047Fax: 91 22 3047 0081email: [email protected]
IMaCS - A profile
© IMaCS 2009
Printed 11-Feb-09
Page 30
Thank you
www.imacs.in
