Jsw Energy Limited · NSE:JSWENERGY
Jsw Energy — Q4 FY2012 Earnings Presentation
32 slides from Jsw Energy's earnings presentation, February 2026
Slide 1: Lighting up the Future Q4 FY2012
LIGHTING up the Future Q4 FY2012
Slide 2: Agenda
AGENDA SECTOR UPDATE COMPANY OVERVIEW PERFORMANCE HIGHLIGHTS FINANCIAL RESULTS PROJECT UPDATE 2
Slide 3: Sector Update
SECTOR UPDATE
Slide 4: Emerging Scenario
EMERGING SCENARIO Slowing GDP growth but still robust Growth Trend in Sectoral components of IIP 8.7% 8.7% 5.8% 5.4% 9.00% 8.00% 3.7% 8.30% % 7.30% 6.80% -2.1% FY'08 FY'09 FY'10 FY'11 FY'12 E Mining Manufactuing Electricity Apr'10 - Feb'11 Apr'11 - Feb'12 Growth moderated through policy action to
Slide 5: Capacity Build Up
CAPACITY BUILD UP Capacity Build up during XI Plan (GW) 199.63 The installed power generation capacity in 200 173.63 25 the country has crossed 200 GW in April’12 159.40 180 147.94 5 143.03 18 160 11 13 5 16 5 39 Over O the h last l fi years share five h off Private P i 140 4 38 120 36 4 37 37 s
Slide 6: Demand Supply Scenario
DEMAND SUPPLY SCENARIO Power Demand Supply Position FY FY’12 12 (BU) Peak Demand and Peak Met FY FY’12 12 (GW) 11.4% 1000 937 12% 140 130 18% 15.6% 900 857 116 16% 120 13.8% 8.8% 10% 800 14% 8.5% 100 700 12% 8% 11.1% 600 6.4% 80 10% 5.3% 7.8% 500 6% 60 8% 400 42 290 4% 40 37 38 6% 300 276 258 260 23
Slide 7: API Coal Index vis-à-vis US$ and Rupee
visàvis US$:` Indexed API COAL INDEX vis 150 API 4 Coal Index USD:Re 140 130 120 110 100 90 80 pr‐10 Maay‐10 un‐10 ul‐10 ug‐10 ep‐10 Occt‐10 ov‐10 ec‐10 Jaan‐11 eb‐11 Maar‐11 pr‐11 Maay‐11 un‐11 ul‐11 ug‐11 ep‐11 Occt‐11 ov‐11 ec‐11 Jaan‐12 eb‐12 Maar‐12 Ju Ju Ap Ap De De No No Au Au Ju Ju Se F
Slide 8: Company Overview
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Slide 9: JSWEL Overview
JSWEL OVERVIEW An established Energy company with o 2,600 MW operational o 1,050 MW in Construction and Implementation phase 240 MW 540 MW o 8,120 MW in Development phase 540 MW Kutehr o Total – 11,770 MW 270 MW 1,620 MW Existing Operations: Barmer o Power Generation Capacity – 2,600 MW o 400 K
Slide 10: Performance Highlights
PERFORMANCE HIGHLIGHTS
Slide 11: Key Highlights
KEY HIGHLIGHTS Achieved highest net generation: 4,618 million units in Q4FY12 13,594 million units in FY12 MOEF grants approval for Chhattisgarh power project Vijayanagar units bag best operating power plant awards from Ministry of Power for FY2010 FY201011 11 and FY200910 in the Silver
Slide 12: Operations Performance
OPERATIONS PERFORMANCE C Capacity i Growth G h (MW) N G Net Generation i G Growth h (MU) 51% 2,600 13,594 50% 1,730 74% 9,016 995 53% 4 618 4,618 3,012 Q4 FY'10 Q4 FY'11 Q4 FY'12 Q4 12M FY 2011 FY 2012 12
Slide 13: Operations Performance
OPERATIONS PERFORMANCE QoQ Plantwise Net Generation (MU) YoY Plantwise Net Generation (MU) 13,594 4,618 9,016 Ratnagiri Ratnagiri 3,012 Vijayanagar j y g Vijayanagar 6 259 6,259 Vijayanagar 2,018 6,687 5,905 Vijayanagar 1,772 1,714 Ratnagiri 972 Ratnagiri 1,534 Barmer Barmer Barmer Barmer 828 1,43
Slide 14: Sale of Power
SALE OF POWER S l Mi Sales Mix (MU) 13,684 9,016 36% 33% 4,723 3,012 46% 67% 64% 33% 67% 54% Q4 FY 2011 Q4 FY 2012 FY 2011 FY 2012 Short Term Sales Long Term Sales Realisation `/ kwh Q4 FY 2011 Q Q4 FY 2012 Q FY 2011 FY 2012 Merchant Realisation 4.72 4.33 4.92 4.40 Long Term Realisation 3 71 3.71 3
Slide 15: Financial Results
FINANCIAL RESULTS 15
Slide 16: Consolidated Results
CONSOLIDATED RESULTS Q4FY2011 FY2011 Q4FY2012 FY2012 1,459 4,428 Turnover (` Crores) 2,107 (44% ) 6,265 453 1,697 EBITDA (` Crores))) 613 (35% ) 1,594 31% 38% EBITDA (%) 29% 25% 123 433 Interest (` Crores)) 233 717 91 267 Depreciation (` Crores) 151 503 240 998 PBT (` Crores) 291 (21% ) 213 206 842
Slide 17: Consolidated Financial Highlights
CONSOLIDATED FINANCIAL HIGHLIGHTS 31st Mar 2011 31st Mar 2012 N tW Net Worth th (` Crores) C ) 5 676 5,676 5 700 5,700 Debt (` Crores) 9,638 9,995 Net Fixed Assets (` Crores)@* 13,490 14,645 Debt Equity Ratio (Times) 1.70 1.75 Weighted Average Cost of Debt 11.02% 11.31% @Includingg CWIP @ The Board
Slide 18: Projects Update
PROJECTS UPDATE
Slide 19: Raj West Power Ltd. I
RAJ WEST POWER LTD. I Project Details Status Update Gross Capacity p y 1,080 , MW ((8 x 135)) • Unit V synchronized on 30th March, 2012 Technology Subcritical Captive Lignite based TPP • Unit VI Turbine put on barring and FSA with BLMCL (49% JV) for supply unit likely to synchronize by May May’12 1
Slide 20: Chattisgarh Power Project
CHATTISGARH POWER PROJECT Project Details Status Update • PPA signed with GoCG for 35% of Gross Capacity p y 1,320 , MW ((2 x 660)) power p • Water allocation obtained Supercritical domestic coal based Technology TPP p g p y survey • Topography y and ggeotechnical investigations completed 11% inte
Slide 21: Kutehr Hydro Project
KUTEHR HYDRO PROJECT Project Details Status Update • Techno Economic Clearance from CEA Gross Capacity 240 MW (3 x 80) received • MOEF accorded d d Forest F t stage t I clearance l & Environment clearance Technology Runoftheriver Hydropower • Prequalification of vendors for electro mechanical &
Slide 22: West Bengal Power Project
WEST BENGAL POWER PROJECT Project Details Status Update Gross Capacity 1320 MW (2 x 660) • Land in possession Technology 1,320 MW Supercritical TPP • Supplementary agreement to PPA offering 40% output from Unit II & III signed with WBEDCL Ichhapur Mines WBMDTC to Fuel Linkage supply fuel 40% to
Slide 23: JSWEL - Vijayanagar
JSWEL - VIJAYANAGAR Project Details Status Update Gross Capacity 660 MW (1 x 660) • Land identified Technology Super critical coal based TPP • TOR cleared by MOEF Imported coal / Domestic linkage • Plant layout finalised Fuel Linkage coal • Soil Investigation completed Water Source Almatti Dam • DPR
Slide 24: Raj West Power Ltd. II
RAJ WEST POWER LTD. II Project Details Status Update Gross Capacity 270 MW (2 x 135) • Land in possession Subcritical Captive lignite based Technology TPP • Applied for coal linkage • Government consent awaited Fuel Linkage Applied to Ministry of Coal Water Allocation from IGNP Allocation Short Term
Slide 25: JSW Energy Ratnagiri Expansion
JSW ENERGY RATNAGIRI EXPANSION Project Details Status Update Gross Capacity 3,200 MW (4 x 800) •Substantial land in possession Supercritical imported coal based Technology •Approvals awaited TPP Letter of support from Government Authority of Maharashtra Fuel Linkage Imported Coal Water Allocation S
Slide 26: Equipment Manufacturing – JSW Toshiba
EQUIPMENT MANUFACTURING – JSW TOSHIBA Project Details Status Update • Blade production commenced Gross Capacity 3GW Steam Turbine Generators • Building & Equipment Warehouse completed Super critical steam turbines of Technology size 5001000 MW • Construction activities of TG Manufacturing Facility
Slide 27: Domestic Mining Projects
DOMESTIC MINING PROJECTS Status Update • Lignite production commenced • Mining lease transferred in the name of BLMCL • Production of 1.8 Million Tons till date BLMCL Kapurdi Mine • Lignite supplied to Power plant 1.67 Million Tons • Revised Mining Plan for enhancing the Lignite production of Kapur
Slide 28: Overseas Coal Project
OVERSEAS COAL PROJECT SACMH Status Update Umlabu & Ilanga (Wit Bank Region), South Location • Coal production commenced Africa • Raw Coal produced during 93.27 % Equity holding Q4FY’12: 193,786 Tonnes Control Acquired shares under put call option agreement • Total Sales during Q4FY’12: 125 086 Tonne
Slide 29: Strategy
STRATEGY 29
Slide 30: Strategy
STRATEGY • Balance mix of Long term and Short term sales • Venture into associated segments – Transmission, Core Business Distribution and Trading • Attain fuel security of Power • Explore opportunities in Generation Mining • Harness opportunities in E i Equipment tM Manufacturing f t i • Efficient
Slide 31: Forward Looking & Cautionary Statement
FORWARD LOOKING & CAUTIONARY STATEMENT Certain statements in this report concerning our future growth prospects are forward looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward looking statements. The r
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