Hitachi Energy India Limited · NSE:POWERINDIA
Hitachi Energy India — Q4 2020 Earnings Presentation
21 slides from Hitachi Energy India's earnings presentation, Feb 26, 2021
Slide 1: Cover letter to stock exchanges on analyst presentation
HITACHI ,. ,.,., Jl ll ll February 26, 2021 BSE Limited National Stock Exchange of India Limited P.J. Towers Exchange Plaza, 5th Floor Dalal Street Plot No. C/1, G Block Mumbai 400 001 Bandra-Kurla Complex, Bandra (E) (Atten: DCS Listing) Mumbai 400 051 (Atten: Manager Listing Department) Dear Sirs
Slide 2: Invitation: Q4 2020 Analyst Conference Call
HITACHI Invitation Q4 2020 - Analyst Conference Call Following the announcement of our Q4 CY2020 numbers, we have organized a conference call for investors and analysts, addressed by: N Venu - Managing Director Ajay Singh - Chief Financial Officer Poovanna Ammatanda - General Couns~I. Company Secret
Slide 3: Conference call dial-in numbers
China 4008428405 Singapore +65 31575746 France 0800914745 South Africa +27 110623033 Germany 0080014243444 UK +44 2034785524 Hong Kong 800964448 USA +1 3233868721 Italy 0080014243444 Japan 00531161110 Singapore 8001012045 Sweden 0080014243444 Switzerland 0800564911 Thailand 00180014243444 UK 0808101
Slide 4: Q4 analyst update
Jl 1111 HITACHI ,.,1.,1, Q4 analyst update Strong performance shows recovery underway POWE~.ING GOOD FOR SUSTAINABLE ENERGY HITACHI ABB POWER GRIDS J -;
Slide 5: Important notices
Important notices HITACHI AIII This presentation includes forward-looking information and statements including statements concerning the outlook for our businesses. These statements are based on current expectations, estimates and projections about the factors that may affect our future performance,
Slide 6: 2020 highlights: Incredible team effort pays off
2020 highlights: Incredible team effort pays off HITACHI AIHI Laying a strong foundation 1. - building a new entity - successful listing, open offer and share transfer* - a new culture of fusion Agile response to pandemic 2. - prate~ our people - preser,;e business continuity - prepare for the new n
Slide 7: Q4 highlights: Recovery to pre-Covid levels continue
Q4 highlights: Recovery to pre-Covid levels continue HITACHI AIII Orders IN R 826 crore +(7.2%) QoQ, t 34.2% YoY Key order wins in Q4 t10.3% + ■ INR 54 crore transformer order for national utility Revenue INR 1,043.7 crore QoQ, (7.5%) YoY ■ INR 47 crore transformer orders from railways & city metros
Slide 8: Q4: Customer engagement, thought leadership & digital wins
Q4: Customer engagement, thought leadership & digital wins HITACHI AIII AND H & U IN Hl:Nl:WAtsLt tNtRGY New Ttthnolo91u. • Fnharn:mg \he Purormance & Elf1c1ency or Powtr Gt>neral-on AIMIi Energy & Digital World - Cement Government focus - MNRE's Reinvest Remote execution, commissioning of HVDC soft
Slide 9: Digital Enterprise joins the Lumada ecosystem
Digital Enterprise joins the Lumada ecosystem launched HITACHI AIII On January 27, 202·, Digital Enterprise software solutions became flagship applications w ith in Hitachi's Lumada ecosystem and have been rebranded as Lumada Enterprise Asset Management (EAM), Lumada Asset Performance Management (AP
Slide 10: Broad range of market parameters indicate recovery
Broad range of market parameters indicate recovery HITACHI AIII Macro-economic .snapshot Industry growth (IIP 2 ) - recovery in Key projections from Union Budget last few months, overall, still negative for FY22 ■ COVID-19 cases on decline, vaccination campaign initiated for the FY ~ • Apr-Dec 2019
Slide 11: Segments that power growth: Budget 2021-22
Segments that power growth: Budget 2021-22 HITACHI AIHI Sector Key Announcements ■ Monetization of PGCIL's transmission assets Central Budgetary Allocations BE 2020 vs RE 2020 vs BE 2021 (INR er) Ill • • 15,874 -31% +41% 15,322 ■ M::,re than one distribution company for all 10,835 Power ■ Revamped,
Slide 12: Segments that power growth: Key trends
- C' ' -p Segments that power growth: Key trends HITACHI AIII Transmission Distribution Renewables Industry • -11,000 er investmen: • Discoms dues to power • -9 GW of solar and 2 GW of • Industry capex revival planned via various central GENCO's rises to 1.3 lakh wind addition in 2021 expected nasce
Slide 13: Segments that power growth: Our technology offering
Segments that power growth: Our technology offering HITACHI AIHI t - . .(:;, ,< ✓ A '· : '-._·· ._~~.~-.·... . -•.-::,i~.-~ ~,:.,. .. ~. , . ' ' / ; ', ,~.. _, ~~ ;; ~~ ' <' ....._... ,,,., "&.~'. f-.·· .~z ? . , · ,-~ . .-~. ... ~'/.. __..~,::<~·.'. ,'.. ·. § ' '________ \-_L_J' ,,,-,--,.; '/ ~ ~•/
Slide 14: Order distribution in Q4: stability through diversity
Order distribution in Q4: stability through diversity HITACHI AIHI SEGMENTS SECTORS 2020 2020 2019 2019 0% 20% 40% 60% 80% 100% 0% 20% 40% 60% 80% 100% ■ Utilities ■ Industries Transport & Infra ■ Products ■ Projects ■ Services CHANNELS Driving growth in 04 Data centers Renewables 2020 Orders from A
Slide 15: Five quarter trend: Overcoming the challenges
/ ("' Five quarter trend: Overcoming the challenges HITACHI Alli Orders (INR crore) Revenue (INR crore) 934.2 890.2 1,129.2 946.3 1,043.7 567.3 826.0 Q4/19 C1120 Q2/20 Q3/20 Q4/20 Q4/19 Q1/20 Q2/20 Q3/20 Q4/20 Service: 12% growth in full year base orders Exports: up 8% in Q4 and 2020 Q4/19 Q1/20 Q2/
Slide 16: Profit & Loss Statement
- ( "' Profit & Loss Statement HITACHI AIHI INR crore 9M 2019 12M 2020 Performance Indicator Q4, 2020 Q3, 2020 YoYo/o 2,642 3,217.7 Total Orders Received 826.0 890.2 (7.2) 615.3 34.2 5,101 4,954.8 Order Backlog (end of period) 4,954.8 5,175.3 5,100.7 3,231.2 3,438.9 Revenue 1,043.7 946.3 10.3 1,129.
Slide 17: Board outcome
Board outcome HITACHI AIHI Transfer of shares lsmo Antero Haka Achim Michael Braun Delayed transfer of ownership in the Company concluded on February 5, 2021 31,786,256 equity shares aggregating to 75 percent of paid-up capital were transferred to Hitachi ABB Power Grids Ltd. Frank Duggan and Sanjee
Slide 18: Creating value in 2020; investing in a sustainable future
6 Creating value in 2020; investing in a sustainable future HITACHI AIIH Virtual commissioning of products and 15,000 man-hours of safety training, zero projects to ensure customer timelines serious injuries in the 30mn man hours Digital offerings :o extract higher Covid training & testing, resilien
Slide 19: Transition positions us for profitable growth
Transition positions us for profitable growth HITACHI AIHI Well positioned ... in attractive markets Transformation underway ... ... to deliver profitable and sustainable growth INR 4,955 crore order book CAGR 3 pillars 2,200+ employees ~ Becoming a growth engine World-class front-end performance 16
Slide 20: Towards a carbon-neutral vision: Fast facts
Towards a carbon-neutral vision HITACHI AIIB Fast facts 66 Electricity demand will more than triple by 2040* 66 Electrification ';f j'' .::J J improves energy efficiency 66 All market sectors converting towards electrification 66 Energy sector- coupling beneficial HITACHI ABB POWER GRIDS "'NIT! Aayo
Slide 21: Hitachi
II HITACHI •• HITACHI ABB POWER GRIDS