Td Power Systems Limited · NSE:TDPOWERSYS
Td Power Systems — Q3 FY2019 Earnings Presentation
15 slides from Td Power Systems's earnings presentation, Jan 31, 2019
Slide 1: TD Power Systems Limited Company Presentation
TD POWER SYSTEMS LIMITED December 2018 Company Presentation 1
Slide 2: Business Structure
BUSINESS STRUCTURE Manufacturer of AC Generators (Up to 200 MW) o Diversified portfolio customized for a wide range of turbines (steam, gas, hydro and wind) and engines (diesel and gas) o Since inception, manufactured 3,980 generators, including generators exported to 73 Manufacturing countries, wit
Slide 3: State of the Art Manufacturing Facilities and Cost Efficient Production
STATE OF THE ART MANUFACTURING FACILITIES AND COST EFFICIENT PRODUCTION Manufacturing units with advanced machines help in delivering competitively priced products with the highest quality standards Unit I - 157,624 sq ft ISO 9001:2008 compliant Core building, Coil making, Winding & Machining manufa
Slide 4: Financials: FY'19 9M
FINANCIALS : FY’19 9M Particulars (Rs Millions) FY 19 9M FY 18 9M Total Income 2,679.69 2,928.64 (excluding excise duty) EBITDA 84.27 93.76 Margins (%) 3.14% 3.20% Depreciation 194.09 204.55 Interest 25.30 50.52 PBT (135.12) (161.31) Tax (13.34) 20.11 PAT (121.78) (181.42) PAT after OCI (120.16) (18
Slide 5: Pending Order
PENDING ORDER (Rs Mn) 12,000 10,712 11,188 10,000 8,000 6,000 4,000 2,000 475 - Manufacturing Projects Business Total Dec 2018 - Rs Millions 10,712 475 11,188 Domestic 934 475 1,409 Exports 1,200 - 1,200 Deemed Export 1,051 - 1,051 Domestic - Railways 7,527 - 7,527 5
Slide 6: Revenue Analysis
REVENUE ANALYSIS (Rs Mn) 3,500 2,973 3,000 2,840 2,500 2,000 1,500 1,000 500 133 - Manufacturing Projects Business TOTAL FY19 - Rs Millions 9M FY19 2,840 133 2,973 Domestic 1,267 125 1,393 Exports 841 8 849 Deemed Export 732 - 732 * Prior to inter-segment and inter-company eliminations 6
Slide 7: Business Segment: Manufacturing
BUSINESS SEGMENT: MANUFACTURING Business highlights AC Generators for various applications One of the leading manufacturers of AC Generators in Turbines the range of 1 MW up to 200 MW for prime movers Steam Gas Hydro Wind such as steam & gas, and upto 52 MW for hydro, wind Up to 200 MW Up to 20 Mw
Slide 8: Business Segment: Manufacturing
BUSINESS SEGMENT: MANUFACTURING Product-wise sales (%) Key end user industries (%) 100% 100% 4% 3% 2% 0% 6% 0% 2% 7% 11% 90% 21% 21% 25% 20% 90% 13% 19% 30% 6% 80% 80% 9% 7% 28% 7% 5% 11% Others Others 70% 4% 19% 70% 2% 13% Gas 60% 39% 29% 29% 7% Traction 60% 28% 2% 1% 38% 29% Metal 50% 18% Gas 50%
Slide 9: Business Segment: Project Business
BUSINESS SEGMENT: PROJECT BUSINESS Business highlights TG Projects for steam turbine power plants with output capacity of up to 52 MW done under TD Power Systems Ltd Executed 123 projects aggregating 3,231 MW in India and abroad (110 TG island projects and 13 BTG island projects) Experienced t
Slide 10: Financial Track Record
FINANCIAL TRACK RECORD 7,000 Segmental Revenues Consolidated (Rs Mn) 6,000 5,000 4,000 3,000 2,000 1,000 - FY15 FY16 FY17 FY18 FY19 9M Q3 FY19 EPC 1,577 231 17 - - Project Business 991 1,248 685 611 133 Manufacturing 3,768 3,816 3,462 4,252 2,840 Manufacturing Project Business EPC Segmental revenues
Slide 11: Financial Track Record
FINANCIAL TRACK RECORD 600 Segmental EBITDA Consolidated (Rs Mn) 500 400 300 200 100 - (100) (200) (300) FY15 FY16 FY17 FY18 9M FY19 FY19 Q3 EPC (240) (218) (22) (11) (17) Project Business 50 98 28 (6) (22) Manufacturing 482 352 245 229 121 Manufacturing Project Business EPC Segmental revenues witho
Slide 12: P & L Snapshot
P & L SNAPSHOT Consolidated Rs Mn FY15 FY16 FY 17 FY 18 FY 19 9M Sales 5.974 5,068 3,799 4,349 2,582 EBITDA 141 67 82 84 (10) Depreciation (incl. Amortization) 288 288 279 271 194 EBIT (147) (221) (196) (187) (204) Other Income 245 202 202 159 98 Interest and Finance Charges 40 50 41 67 25 PBT 59 (6
Slide 13: Balance Sheet Snapshot
BALANCE SHEET SNAPSHOT Consolidated As on Rs Mn Mar-15 Mar-16 Mar-17 Mar-18 Dec-18 Source of Funds 5,691 5,162 5,271 5,274 4,971 Net Worth 4,940 4,733 4,705 4,494 4,141 Minority Interest Borrowings 574 276 453 686 748 Deferred Tax Liability 177 153 112 94 82 Uses of Funds 5,691 5,162 5,271 5,274 4,9
Slide 14: Shareholding Structure
SHAREHOLDING STRUCTURE Shareholding % TDPS Stock Price Movement 250 2.8% Promoters 230 2.7% 210 15.8% Mutual Funds 190 170 150 Foreign Institutional 130 2.7% Investors 110 56.2% Individuals 90 70 19.9% 50 Corporate Bodies 30 Others 8-Sep-11 30-Jan-19 TD power BSE_SENSEX BSE_CG (S&P BSE Capital Goods
Slide 15: Thank You
THANK YOU