Genus Power Infrastructures Limited · NSE:GENUSPOWER
Genus Power Infrastructures — Investor Presentation (January 2019)
37 slides from Genus Power Infrastructures's investor presentation, Jan 23, 2019
Slide 1: Exchange filing cover letter
Genus/STX/QC/ZOlS January 23, 2019 National Stock Exchange of India Ltd. BSE Limited Exchange Plaza, Plot no. C/l, 6 Block, PJ. Towers, Bandra—Kurla Complex, Bandra (E), Dalal Street, Fort, IVIumbai—4OO 051. Mumbai~4000Ol (NSE Symbol: GENUSPOWER) (BSE Code: 530343) Dear Sir/Madam, Sub: Investor Pres
Slide 2: Genus Power Infrastructures Limited Corporate Presentation January 2019
Genus Power Infrastructures Limited Corporate Presentation January 2019 1
Slide 3: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the “Presentation”), by Genus Power Infrastructures Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and s
Slide 4: Increasing Order Book and Business Updates
Increasing Order Book and Business Updates Order Book (Rs. Crores) 1,424 1,276 Business Updates: 1,159 • We have started supplies for the first EESL order, received in 2017 • The order book is at all time high and we expect this to grow further with sustained momentum in the tendering • Improved exe
Slide 5: Q3 FY19: Performance Highlights
Q3 FY19: Performance Highlights Revenue (Rs. Crores) EBITDA* (Rs. Crores) 10.0% 13.6% +46% +98% 292.1 39.8 200.2 20.1 Q3FY18 Q3FY19 Q3FY18 Q3FY19 PBT^ (Rs. Crores) PAT (Rs. Crores) +123% +74% 23.2 23.0 13.2 10.4 Margins Q3FY18 Q3FY19 Q3FY18 Q3FY19 4 Standalone Results As per IND-AS ^Excludes Other I
Slide 6: 9M FY19: Performance Highlights
9M FY19: Performance Highlights Revenue (Rs. Crores) EBITDA* (Rs. Crores) 10.5% 12.2% +37% +59% 754.0 91.8 549.3 57.8 9MFY18 9MFY19 9MFY18 9MFY19 PBT^ (Rs. Crores) PAT (Rs. Crores) +72% +37% 52.1 49.8 36.4 30.3 Margins 9MFY18 9MFY19 9MFY18 9MFY19 5 Standalone Results As per IND-AS ^Excludes Other In
Slide 7: Standalone Profit & Loss Statement
3 Standalone Profit & Loss Statement Particulars (Rs. Crores) Q3 FY19 Q3 FY18 YoY 9MFY19 9MFY18 YoY FY18 Total Revenue 292.1 200.2 45.9% 754.0 549.3 37.3% 835.1 Cost of Material Consumed 203.3 140.0 522.8 370.3 575.0 Employee Expenses 25.4 21.3 71.3 61.3 85.8 Other Expenses 23.6 18.7 68.1 59.8 81.3
Slide 8: Disciplined Capital Management
Disciplined Capital Management Gross Block^ (Rs. Crores) Net Debt (Rs. Crores) 281 307 263 237 251 209 192 171 126 25 17 FY14 FY15 FY16 FY17 FY18 H1FY19 -1 FY14 FY15 FY16 FY17* FY18* H1FY19* Dividend (% of Face Value) 45% 41% 25% 20% 10% FY14 FY15 FY16 FY17 FY18 Standalone Results ^Includes CWIP *As
Slide 9: Standalone Balance Sheet
3 Standalone Balance Sheet ASSETS Sep-18 Mar-18 EQUITY AND LIABILITIES Sep-18 Mar-18 Non-current assets Equity Property, plant and equipment 176.1 165.5 Equity Share capital 25.7 25.7 Capital work-in-progress 1.0 1.9 Share Application Money Pending Allotment 0.0 0.1 Other intangible assets 1.0 1.2 O
Slide 10: Business Overview
Genus energizing lives Business Overview
Slide 11: Power Sector Leadership
Power Sector Leadership Largest player in India’s electricity meter industry Incorporated in 1992, Part of $400 mn Kailash Group ~27% market share in Meter Industry Over 2 decades of experience in electricity metering solutions industry ~70% market share in Smart Meters Top-notch In-house R&D recogn
Slide 12: Journey So Far
Journey So Far ▪ Production of ▪ Deployed Smart Electronic Energy ▪ AMR / Pre-payment Metering Solution at Meters Meter/ DT Meter Shapur (Junagarh) launched PGVCL – India’s First ▪ Established Single ▪ Ventured into Smart Village Project & Three Phase Electronic Energy Power Distribution ▪ Implement
Slide 13: Experienced Management Team
Experienced Management Team Mr. Ishwar Chand Agarwal Executive Chairman Mr. Kailash Chandra Mr. Rajendra Kumar Agarwal Mr. Jitendra Kumar Agarwal Agarwal Joint Managing Director Vice-Chairman, Non-Executive, Managing Director and CEO Non-Independent Mr. R Viswanathan Dr. Giriraj Nyati Chief Manageme
Slide 14: Pillars of Competitive Edge
Pillars of Competitive Edge Infrastructure R&D Certifications Workforce CAD, YOUR TEXT Dies and MoldHERE designs, In-house PUT TEXTR&D HERE Centre, CMMI YOURlevel TEXT 3 Company HERE Armed with long-term, PUT TEXT HERE Molding, Automated SMT recognised by Ministry of Accredited with - ISI, KEMA, hig
Slide 15: Business Verticals
Business Verticals SMART METERING SOLUTIONS Offers a wide spectrum of Smart Metering Solutions, that includes High End Multifunction Single Phase and Three Phase Meters, CT Operated Meters, ABT & Grid Meters, Distribution Transformer (DT Meters), Pre-payment Meters, Group Metering, Smart Street Ligh
Slide 16: End to End Energy Management Solutions
End to End Energy Management Solutions Meters from Generation to Consumption 15
Slide 17: Diversified Product – Market Mix
Diversified Product – Market Mix RESIDENTIAL & COMMERCIAL INDUSTRIAL PREPAYMENT SOLUTION Meters with communication LT / HT CT Meter with Integrated Single Phase Prepayment Meter capability Communication Three Phase Prepayment Meter Single / Three Phase Smart Meters with Automatic Power Meters Factor
Slide 18: Diversified Product – Market Mix
Diversified Product – Market Mix DISTRIBUTION TRANSFORMER OPEN ACCESS / GRID CALIBRATION EQUIPMENT Thread Through Metering Grid & Sub-Station Meter (ABT Single Phase Portable Reference Solution for Distribution Complaint) Meter Transformer Three Phase Portable Reference Smart DT Meter with Meter Int
Slide 19: Engineering Construction & Contracts
Engineering Construction & Contracts ECC Division Leveraging on Strength Complements the Metering Business Provides total engineering and More than 20 years of experience in Increased implementation of Smart construction solution from “Concept to Indian Power distribution sector metering solution Co
Slide 20: Balanced Client Mix
Balanced Client Mix SEB’s registered under UDAY schemes are the major revenue contributors 19
Slide 21: Manufacturing Assets at Glance
Manufacturing Assets at Glance R&D Centre and Corporate Office, Sitapura, Jaipur Ramchandrapura, Jaipur Haridwar, Uttaranchal Haridwar, Uttaranchal Guwahati, Assam Total Installed capacity of over 10 million meters per annum 20
Slide 22: Quality Certifications
Quality Certifications ZigBee Certification DLMS certification Bureau Veritas National Accreditation Board for QSI Certification Testing and Calibration Laboratories KEMA Certification R&D Lab recognized by MSD, GOI Silver Certificate by Frost & Sullivan IEC Certifications C-Dot Certifications STQC
Slide 23: Business Outlook
Genus energizing lives Business Outlook
Slide 24: AT&C Losses in India are Three Times the Deficit
AT&C Losses in India are Three Times the Deficit ▪ AT&C Loss = (Energy input – Energy billed) * 100 / Energy input ▪ Theft is the one of the main causes of the high losses. Theft occurs in several ways, viz: by tapping power lines and tempering / by-passing meter etc ▪ Meters play a vital role in re
Slide 25: Government's Thrust on Metered Power for All
Government’s Thrust on Metered Power for All Planned outlay of Rs. 326 Billion Strengthening of sub-transmission network to reduce AT&C losses DISCOMS had accumulated losses of Rs. 3.8 Trillion and Debt of Metering & implementation of IT application to reduce commercial losses Rs. 4.3 Trillion Smart
Slide 26: Metering Opportunity
Metering Opportunity METERING OPPORTUNITY India has 200 million legacy meters There are plans to install up to 130 million smart As per the, notification by power ministry, dated 8th meters by 2021 September 2016 : GOVERNMENT INVESTMENT Mandatory rollout of Smart Meters, for The government is planni
Slide 27: Smart Meter is the Future
Smart Meter is the Future Latching Switch Smart meters will have a kill switch which will close off the utility supply. What are Smart Meters ? The kill switch will be operated via Internet. This will give power to utility providers to start and stop the supply at the click of a button Smart meters
Slide 28: Smart Meter as Game Changer
Smart Meter as Game Changer Four ways to recharge Uttar Pradesh’s power Power Ministry links sector '24x7 Power' with ”He also added that the Centre and the state are committed to resolving consumer honesty Uttar Pradesh's power sector distress through smart metering and 8th May 2017 crackdown on po
Slide 29: Geared to Ride the Growth Wave
Geared to Ride the Growth Wave Market leaders in metering business National and International Extensive Management Recognition and certifications Experience Integrated manufacturing facility/ largest installation base Strong Pre - qualification Credentials In-house R&D Centre Long Lasting Relationsh
Slide 30: Financial Performance
Genus energizing lives Financial Performance
Slide 31: Key Business Confirmations Received in FY18
Key Business Confirmations Received in FY18 During the Financial Year 18, we saw an order inflow of Rs. 1,000 Crores ++ ▪ Smart Meters order from Uttar Gujarat Vij Company Ltd which serves a consumer base for more than 3 million in Northern Gujarat ▪ Smart Meters order from CESC Kota, worth ~Rs. 27.
Slide 32: Balanced Business Results
Balanced Business Results Revenue (Rs. Crores) EBITDA (Rs. Crores) 916 124 124 858 835 767 99 642 87 93 FY14 FY15 FY16 FY17* FY18* FY14 FY15 FY16 FY17* FY18* PAT (Rs. Crores) Cash PAT (Rs. Crores) 80 94 60 71 69 73 69 58 53 52 FY14 FY15 FY16 FY17* FY18* FY14 FY15 FY16 FY17* FY18* Standalone Results
Slide 33: Standalone Profit & Loss Statement
3 Standalone Profit & Loss Statement Particulars (Rs. Crores) FY18 FY17 Y-o-Y Total Revenue 835.1 642.4 30.0% Cost of Material Consumed 575.0 409.7 Employee Expenses 85.8 74.5 Other Expenses 81.3 71.6 EBITDA 93.0 86.6 7.4% EBITDA (%) 11.14% 13.48% Other Income 22.0 24.0 Depreciation 17.1 15.3 EBIT 9
Slide 34: Standalone Balance Sheet
3 Standalone Balance Sheet ASSETS Mar-18 Mar-17 EQUITY AND LIABILITIES Mar-18 Mar-17 Non-current assets Equity Property, plant and equipment 165.5 162.0 Equity Share capital 25.7 25.7 Capital work-in-progress 1.9 0.0 Share Application Money Pending Allotment 0.1 0.0 Other intangible assets 1.2 1.6 O
Slide 35: Consolidated Profit & Loss Statement
3 Consolidated Profit & Loss Statement Particulars (Rs. Crores) FY18 FY17 Y-o-Y Total Revenue 835.1 642.4 30.0% Cost of Material Consumed 575.0 409.7 Employee Expenses 85.8 74.5 Other Expenses 81.3 71.6 EBITDA 93.0 86.6 7.4% EBITDA (%) 11.14% 13.48% Other Income 55.0 30.3 Depreciation 17.1 15.3 EBIT
Slide 36: Consolidated Balance Sheet
3 Consolidated Balance Sheet ASSETS Mar-18 Mar-17 EQUITY AND LIABILITIES Mar-18 Mar-17 Non-current assets Equity Property, plant and equipment 165.5 162.0 Equity Share capital 23.0 23.0 Capital work-in-progress 1.9 0.0 Share Application Money Pending Allotment 0.1 0.0 Other intangible assets 1.2 1.6
Slide 37: Genus Power Infrastructures Limited contact details
Genus Power Infrastructures Limited CIN: L51909UP1992PLC051997 Mr. Ankit Jhanjhari ankit.jhanjhari@genus.in www.genuspower.com Strategic Growth Advisors Pvt. Limited CIN: U74140MH2010PTC204285 Mr. Rahul Agarwal / Mr. Shrikant Sangani Rahul.Agarwal@sgapl.net / shrikant.sangani@sgapl.net www.sgapl.net
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