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KCPL ICSA India Limited - Investor Update

CMP BSE: Rs. 321.40 NSE: 321.80 July 29, 2008

About ICSA India Limited:

ICSA-India is into the business of embedded solutions,

software services and infrastructure projects. ICSA-India

delivers comprehensive solutions in the areas like

Customized Embedded System Applications and Integrated

Telemetry Applications. This apart, the company is also into

the business of construction of power transmission lines and

substations.

The company’s product line include: Intelligent Automatic

Reading System, Multiplexer Unit, Distribution Transformer

Monitoring System, Substation Controller, Micro Remote

Terminal Unit, Theft Detection Devices, and Pole Top RTU.

Share Holding Pattern (%)

Market Cap

52 Week High / Low (BSE)

52 Week High / Low (NSE)

BSE Sensex

NSE Nifty

BSE Code

NSE Code

14,174.00Mn

648.80 / 254.00

649.70 / 256.10

14349.11

4311.85

531524

ICSA

Historic Graph from 01-04-2008 to 28-07-2008

ICSA India vis-à-vis SENSEX

Stock Information

Historic Graph from 01-04-2008 to 28-07-2008

ICSA India vis-à-vis Nifty

FINANCIAL HIGHLIGHTS

FOR Q1FY09 VS Q1FY08

Sales, EBIDTA & Net Profit Figures

Particulars

Q1FY09 Q1FY08 % of

Change Amount (Rs. In Mn.)

Net Sales 2,414.98 1,226.34 96.93

Operating Profit 629.42 327.46 92.21

Net Profit 409.69 239.25 71.24

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KCPL ICSA India Limited - Investor Update

⇒ ICSA’s order book value has increased from Rs. 900crores to Rs.1,125crores.

⇒ In June, ICSA was awarded a 20 MW Wind power project by Non-Conventional Energy

Development Corporation of Andhra Pradesh Ltd.

⇒ ICSA Secured designs approval for Intelligent Automatic Meter Reading (IAMR) and Intelligent

Cathodic Protection (ICAP).

ICSA – Developments during the Quarter

FINANCIAL HIGHLIGHTS FOR Q1FY09 VS Q4FY08

Sales, EBIDTA & Net Profit Figures

Particulars

Q1FY09 Q4FY08 % of

Change Amount (Rs. In Mn.)

Net Sales 2,414.98 2,117.81 14.03

Operating Profit 629.42 542.93 15.93

Net Profit 409.69 374.59 9.37

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KCPL ICSA India Limited - Investor Update

Product Portfolio of ICSA

DISTRIBUTION TRANSFORMER MONITORING SYSTEM (DTMS)

The main objective of DTMS is to Monitor and control the Distribution Trans-former.

THEFT DETECTION DEVICE (TDD)

TDD aims to identify theft at LT pillars (Junction Boxes used for underground power distribution lines) under different tamper conditions.

INTELLIGENT AUTOMATIC ME-TER READING (IAMR)

IAMR collects data from energy meter and other devices continuously at field and exchange this data with base station throught wire and wireless communi-cation.

GENERAL AUTOMATIC METER READING (GAMR)

It collects the data from the electronic energy meter using optical connection (no direct electrical connection is required.

COMPUTERIZED ONLINE DATA LOGGING SYSTEM

Its objective is on line Monitoring and Data logging of load monitoring and management including the data of various parameters of 11Kv feeders in a Substation.

ENERGY AUDIT SERVICES These services provide energy audit information, giving the details of the loca-tion, quantity and the type of the losses in the power distribution network.

POLE TOP RTU This is mounted on the top of the electrical pole. This measures the energy parameters of the connection at the pole.

MICRO REMOTE TERMINAL UNIT (MICRO RTU)

The Micro RTU monitors and controls sub-station feeders, as a part of the SCADA system.

MULTIPLEXER UNIT (MUX UNIT)

Its main objective is to collect the data from number of meters located at a single location, using a cost effective single unit.

INTELLIGENT AUTOMATIC WA-TER READING (IAWR)

Some of the features of this product include: getting Consumption data of wa-ter delivered, controlling the delivery valve, SMS messages to consumers re-garding bill amounts and payment receipts, and battery back up facility for 24 hours for enabling operation in case of power failure.

INTELLIGENT CATHODIC PRO-TECTION SYSTEM (iCAP)

The iCAP system is an innovative field compatible, modular wireless embedded real time system. The conventional CP becomes intelligent soon after interfac-ing iCAP. It automates all the operations and executes in real time. It continu-ously monitors the pipeline operations and notifies the abnormalities, if any, in real time. It improves the safety, productivity and life of pipeline. It has sev-eral applications in Oil, Gas, Water, and so on. It is compatible to all conven-tional type of CP systems irrespective of applications.

INTELLIGENT TELEMETRIC UNIT

Intelligent telemetric Unit is a stand alone module. It acquires data from sen-sors and transmits to the central monitoring station. It has multimode trans-mission capabilities. It can transmit the data in GSM, CDMA, RF, Optical and Satellite.

OFF PSP LOGGER It helps in conducting cost effective OFF PSP survey. It will facilitate better GPS synchronization. It has several unique features like programmable data acqui-sition, data transmission to central station through GSM and so on.

REMOTE STREET LIGHT CON-TROL SYSTEM (RSLCS)

Any Street light JB can be controlled from the central location, The switch ON/OFF time can be configured from the central location, The ON / OFF timings can be programmed as per the seasonal changes.

AGRICULTURAL LOAD MANAGE-MENT SYSTEM (ALMS)

Agricultural Load Management System is meant for supplying power to farmers during specified time with assured time duration. It reduces the stress on LT lines, distribution transformers, sub-station and system in view of diversified usage.

Note: Apart from the above mentioned products, ICSA India has the wherewithal to undertake EPC works and cer-tain other projects on a turnkey basis.

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KCPL ICSA India Limited - Investor Update

Financial Performance for the first Quarter Ended for FY09

Description

Q1FY09 Q4FY08 Q1FY08 Change in % FY08

Amount (Rs. In Million) QoQ YoY Amount

(Rs. In Mn. )

Net Sales / Interest Earned / Operating Income

2,414.98 2,117.81 1,226.34 14.03 96.93 6,697.81

Other Income 5.08 2.54 3.45 100.00 47.16 72.79

Total Income 2,420.06 2,120.35 1,229.80 14.13 96.78 6,770.60

Interest Expended 0.00 0.00 -21.99 -

Expenditure -1,790.64 -1,577.42 -902.33 13.52 98.45 -4,969.66

Operating Profit 629.42 542.93 305.48 15.93 106.04 1,800.94

Interest -58.49 -54.91 0.00 6.52 100.00 -158.45

Profit Before Depreciation and Tax 570.93 488.02 305.48 16.99 86.90 1,642.49

Depreciation -19.82 -19.73 -4.54 0.47 336.63 -35.16

Profit before Tax 551.11 468.29 300.94 17.68 83.13 1,607.33

Tax -141.41 -93.70 -61.69 50.92 129.23 -342.26

Net Profit 409.69 374.59 239.25 9.37 71.24 1,265.07

Equity Capital 88.02 88.02 68.21 --- --- 88.02

Basic And Diluted EPS after Extraordinary item

--- --- 35.08 --- --- ---

Basic EPS after Extraordinary items

9.31 8.58 --- --- --- 32.01

Diluted EPS after Extraordinary items

8.02 7.55 --- --- --- 26.69

Nos. of Shares - Public 35,878,450 35,862,200 5,692,840 --- --- 35,862,200

Percent of Shares-Public 81.53 81.49 83.46 --- --- 81.49

Operating Profit Margin 26.06 25.64 24.91 --- --- 26.89

Net Profit Margin 16.96 17.69 19.51 --- --- 18.89

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KCPL ICSA India Limited - Investor Update

Quarter wise Financial growth from Q1FY08 through Q1FY09

Description Q1FY09 Q4FY08 Q3FY08 Q2FY08 Q1FY08 FY08

Amount (Rs. million)

Net Sales / Interest Earned / Operating Income

2,414.98 2,117.81 1,891.34 1,462.31 1,226.34 6,697.81

Other Income 5.08 2.54 30.81 36.00 3.45 72.79

Total Income 2,420.06 2,120.35 1,922.15 1,498.31 1,229.80 6,770.60

Interest Expended --- --- --- --- -21.99 ---

Expenditure -1,790.64 -1,577.42 -1,434.72 -1,089.38 -902.33 -4,969.66

Operating Profit 629.42 542.93 487.43 408.93 305.48 1,800.94

Interest -58.49 -54.91 -28.32 -19.04 --- -158.45

Profit Before Depreciation and Tax 570.93 488.02 459.11 389.89 305.48 1,642.49

Depreciation -19.82 -19.73 -6.06 -4.83 -4.54 -35.16

Profit before Tax 551.11 468.29 453.04 385.07 300.94 1,607.33

Tax -141.41 -93.70 -90.60 -96.27 -61.69 -342.26

Net Profit 409.69 374.59 362.44 288.80 239.25 1,265.07

Equity Capital 88.02 88.02 82.81 80.99 68.21 88.02

Basic And Diluted EPS after Extraordinary item

--- --- --- --- 35.08 ---

Basic EPS after Extraordinary items 9.31 8.58 8.93 36.41 --- 32.01

Diluted EPS after Extraordinary items 8.02 7.55 7.30 29.23 --- 26.69

Nos. of Shares - Public 35,878,450 35,862,200 33,266,700 6,470,840 5,692,840 35,862,200

Percent of Shares-Public 81.53 81.49 80.34 79.90 83.46 81.49

Operating Profit Margin 26.06 25.64 25.77 27.96 --- 26.89

Net Profit Margin 16.96 17.69 19.16 19.75 19.51 18.89

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KCPL ICSA India Limited - Investor Update

Disclaimer: The views and information expressed by investor relations professionals in Investor Update are their own, and not that of the company officials. KCPL (Karvy Computershare Pvt Ltd) advises the users to check with certified experts before taking any investment decisions.

KCPL

(A 50:50 JV between Australia-based Computershare and Karvy group’s share registry business)

Shareholding Pattern as on June 30, 2008

Category of Shareholder No. of Share

holders

Total No. of Shares

Total No. of Shares held in Dematerialized

Form

Total Shareholding as a % of Total No.

of Shares

As a % of

(A+B)

As a % of

(A+B+C)

(A) Shareholding of Promoter and Promoter Group

(1) Indian

Individuals / Hindu Undivided Family 3 8,130,050 7,866,060 18.47 18.47

Sub Total 3 8,130,050 7,866,060 18.47 18.47

(2) Foreign

Total shareholding of Promoter and Pro-moter Group (A)

3 8,130,050 7,866,060 18.47 18.47

(B) Public Shareholding

(1) Institutions

Mutual Funds / UTI 3 50,335 50,335 0.11 0.11

Financial Institutions / Banks 4 85,000 85,000 0.19 0.19

Insurance Companies 2 369,036 369,036 0.84 0.84

Foreign Institutional Investors 54 22,179,314 22,179,314 50.4 50.4

Sub Total 63 22,683,685 22,683,685 51.54 51.54

(2) Non-Institutions

Bodies Corporate 868 4,275,786 4,275,786 9.72 9.72

Individuals

Individual shareholders holding nominal share capital up to Rs. 1 lakh

22,355 6,578,564 6,070,134 14.95 14.95

Individual shareholders holding nominal share capital in excess of Rs. 1 lakh

13 1,363,853 1,363,853 3.1 3.1

Any Others (Specify) 529 976,562 976,562 2.22 2.22

Non Resident Indians 529 976,562 976,562 2.22 2.22

Sub Total 23,765 13,194,765 12,686,335 29.99 29.99

Total Public shareholding (B) 23,828 35,878,450 35,370,020 81.53 81.53

Total (A)+(B) 23,831 44,008,500 43,236,080 100 100

(C) Shares held by Custodians and against which Depository Receipts have been issued

- - - - -

Total (A)+(B)+(C) 23,831 44,008,500 43,236,080 - 100