Azure Power Global Limited · OTC:AZREF
Azure Power Global — Investor Presentation (November 2023)
11 slides from Azure Power Global's investor presentation, November 2023
Slide 1: Investor Update
India’s largest India’s first India’s owned and private grid first solar operated single connected MW green bond site solar solar plant issuance project Investor Update November 2023 1 | Copyright © 2023 Azure Power | www.azurepower.com Copyright © 2023 Azure Power |www.azurepower.com
Slide 2: Experienced Board backed by Long Term Marquee Shareholders
Experienced Board backed by Long Term Marquee Shareholders Recent Updates: Mr. Deepak Malhotra and Mr. Cyril Cabanes – nominees of CDPQ Infrastructures have resigned and Jamie Garcia Nieto and Philippe Wind have taken their place as nominee directors of CDPQ Infrastructures Sunil Gupta Sujata Sircar
Slide 3: Strengthened Corporate Governance
Strengthened Corporate Governance •Mr. Sunil Gupta, experienced business leader with a strong international track record of building •MAS function created to ensure a robust renewable energy businesses; joined as the CEO, governance and control framework and to ensure effective July 10, 2023. compli
Slide 4: Milestones / Overview
Overview Leading independent sustainable energy solution provider and renewable power producer in India 1 Geographically diversified well balanced portfolio Founded in 2008, built India’s first private utility-scale solar project in 2009 Majority owned (53.4%) by long-term Canadian pension funds CDP
Slide 5: APGL: Portfolio & its Presence
APGL : Portfolio & its Presence Operating Portfolio 3.04 GW State wise operational and committed capacity 611 Punjab Rajasthan (5,775 MW) 214 MW 1,675 MW 4,100 MW Uttar Pradesh 100 MW Gujarat 1,782 648 270 MW Bihar 10 MW Andhra Pradesh 200 MW Chhattisgarh 30MW RGIII RGII Non RG Assets Maharashtra Te
Slide 6: RG Assets: Portfolio
RG Assets: Portfolio RG III RG II Azure Power Energy Limited Azure Power Solar Energy Private Limited 2026 Notes 2024 Notes $414mn 3.575% Due 2026 ; Amortizing; Current o/s - $357mn $350mn 5.65% Due 2024 Sovereign 20% Sovereign 34% Others 34% Others 36% A / A+ 44% A / A+ 32% Off-taker Breakup Off-ta
Slide 7: Established Operational Performance
Established Operational Performance PLF performance Electricity Generation (mn KwH) 30.00% 2,000 1,800 25.00% 24.1% 23.9% 1,600 1,400 1,367 1,356 20.00% 18.9% 18.6% 1,200 995 1,010 15.00% 1,000 800 10.00% 600 400 5.00% 200 0.00% - RGII RGIII RGII RGIII FY22 FY23 FY22 FY23 Note: FY23 PLF performance
Slide 8: Healthy Financial Profile
Healthy Financial Profile Revenue Cash & Bank INR mn INR mn 7000 3500 3,248 6,229 6,137 6000 3000 2,668 4,967 2,380 5000 4,465 2500 4000 2000 1,586 3000 1500 2000 1000 1000 500 0 0 RGIII RGII RGIII RGII FY22 FY23 FY22 FY23 Total Debt* FY22 - EBITDA INR mn INR mn 31000 30,373 7,000 29,954 5,872 30000
Slide 9: Appendix: Key Financial Parameters
Appendix: Key Financial Parameters RG III (2026 Notes) RG II (2024 Notes) Particulars (INR mn) FY2022 FY2021 FY2022 FY2021 Revenue 6,229 6,196 4,967 4,472 EBITDA 5,872 5,396 4,131 3,971 EBITDA Margin % 94% 87% 83% 89% PAT 1,515 (162) (371) (1,847) Property Plant & Equipment (1) 30,325 31,415 33,192
Slide 10: Disclaimer
Disclaimer Forward-Looking Statements This information contains forward-looking statements within the meaning of Section 21E of the US Securities Exchange Act of 1934, as amended, and the US Private Securities Litigation Reform Act of 1995, including statements regarding the Company's future financi
Slide 11: To Be The Number One Provider Of Sustainable Energy Solutions For A Carbon Neutral World
To Be The Number One Provider Of Sustainable Energy Solutions For A Carbon Neutral World Excellence | Honesty | Social Responsibility | Entrepreneurship 13|Copyright 11 | Copyright©©2020 2023Azure AzurePower Power|www.azurepower.com | www.azurepower.com
Azure Power Global — Investor Presentation (November 2023) on 6ix