Genus Power Infrastructures Limited · NSE:GENUSPOWER
Genus Power Infrastructures — Investor Presentation (August 2023)
43 slides from Genus Power Infrastructures's investor presentation, Aug 11, 2023
Slide 1: Exchange cover letter: Investor Presentation
August 11, 2023 National Stock Exchange of India Ltd. BSE Limited Exchange Plaza, Plot no. C/1, G Block, P.J. Towers, Bandra-Kurla Complex, Bandra (E), Dalal Street, Fort, Mumbai - 400 051. Mumbai – 400001 (NSE Symbol: GENUSPOWER) (BSE Code: 530343) Dear Sir/Madam, Sub: Investor Presentation Pursuan
Slide 2: Genus Power Infrastructures Limited Corporate Presentation August 2023
Genus Power Infrastructures Limited August 2023 Corporate Presentation 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: Q1 FY24: Performance Highlights
Q1 FY24: Performance Highlights Key Highlights Revenue (Rs. Crores) EBITDA (Rs. Crores) • While supply chain disruptions +40% +100% for semiconductors and other vital electronic components 261.1 28.6 have shown signs of 187.0 improvement compared to the 14.3 prior year, suboptimal capacity utilisati
Slide 5: Key Business Updates
Key Business Updates GIC Affiliate and Genus Power Infrastructures Limited to set up a Platform to fund Smart Metering projects • We have signed definitive agreements with Gem View Investment Pte Ltd, an affiliate of GIC, Singapore ("GIC") for setting up of a Platform for undertaking Advanced Meteri
Slide 6: Business Restructuring
Business Restructuring STEP 1: Genus Prime Infra Limited Post Amalgamation subsidiary companies Amalgamation of will cease to exist subsidiary companies with Genus Prime Amalgamated Genus Prime Infra Limited Sansar Infrastructure Pvt. Ltd, Star Vanijya Pvt. Ltd and Sunima Trading Pvt. ✓ No considera
Slide 7: Performance Highlights For Last Few Quarters
Performance Highlights For Last Few Quarters 268.6 275.4 268.0 261.1 248.3 218.6 195.9 200.4 202.3 190.7 187.0 177.8 181.0 165.1 168.8 130.4 84.0 Q1FY20 Q2 FY20 Q3 FY20 Q4 FY20 Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Q3FY23 Q4FY23 Q1FY24 Revenue (Rs. Crores) 6 Standalon
Slide 8: Robust Order Book
Robust Order Book We upgrade our technology and product Order Book (Rs. Crores) offering at regular interval backed by continuous R&D 6,339 Strong Demand for various types of Meter +33% across State Electricity Boards & Private Players 1,498 1,696 943 931 1,080 Mar-19 Mar-20 Mar-21 Mar-22 Mar-23 Jun
Slide 9: Management Commentary
Management Commentary “We are delighted to have successfully secured a significant order inflow till date in FY24. This signifies a noteworthy achievement for our company, and we firmly believe that it will act as a powerful catalyst for our unparalleled business growth within the lucrative Indian S
Slide 10: Standalone Profit & Loss Statement
3 Standalone Profit & Loss Statement Particulars (Rs. Crores) Q1FY24 Q1FY23 YoY FY23 Total Revenue 261.1 187.0 39.6% 808.4 Cost of Material Consumed 170.8 124.0 519.2 Employee Expenses 35.7 29.2 123.6 Other Expenses 26.0 19.6 86.8 EBITDA 28.6 14.3 99.7% 78.8 EBITDA (%) 10.9% 7.7% 9.8% Other Income 1
Slide 11: Standalone Balance Sheet
3 Standalone Balance Sheet ASSETS (Rs. Crores) Mar-23 Mar-22 EQUITY AND LIABILITIES(Rs. Crores) Mar-23 Mar-22 Non-current assets Equity Property, plant and equipment 139.3 138.6 Equity share capital 25.8 25.8 7.3 2.0 Other equity 958.8 929.4 Capital work-in-progress Total equity 984.6 955.2 Right of
Slide 12: Business Overview
Genus energizing lives Business Overview
Slide 13: 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 ~70% market share in Smart Meters industry Share of Metering Projects in
Slide 14: Journey So Far
Journey So Far ▪ Production of ▪ Deployed Smart ▪ India's First Narrowband ▪ AMR / Pre- Metering Solution at - IOT setup for AMI with Electronic Energy payment Meter/ Shapur (Junagarh) Vodafone Idea Meters DT Meter launched ▪ Established Single PGVCL – India’s First ▪ Among the Top 10 ▪ Ventured int
Slide 15: Journey So Far
Journey So Far Meter Installed Till 2003 Till 2006 Till 2010 Till 2014 Till 2018 Till 2022* 2,500,000 5,000,000 10,000,000 30,000,000 50,000,000 70,000,000 14 *As on 31st March 2022
Slide 16: 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 Dr. Keith Mario Torpy Mr. Subhash Chandra Garg Non
Slide 17: 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 18: 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 & HES (Head End System), ABT & Grid Meters, Distribution Transformer (DT Meters), Pre-payment Meters, Group Met
Slide 19: End to End Energy Management Solutions
End to End Energy Management Solutions Meters from Generation to Consumption 18
Slide 20: 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 21: 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 22: 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 23: Balanced Client Mix
Balanced Client Mix SEB’s registered under UDAY schemes are the major revenue contributors 22
Slide 24: 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 23
Slide 25: Quality Assurance
Quality Assurance Quality is the hallmark of Genus products and services Comprehensive testing is carried out at various stages of product manufacturing starting from incoming raw material/components to in-process stages and to the final finished and packed product In-House NABL Accredited Electroni
Slide 26: Quality Certifications
Quality Certifications CMMI Level 3 STS certification Bureau Veritas National Accreditation Board for QSI Certification Company Testing and Calibration Laboratories KEMA Certification R&D Lab recognized by MSD, GOI Silver Certificate by Frost & Sullivan IEC Certifications ZigBee Certification STQC C
Slide 27: Infrastructure & Testing Capabilities
Infrastructure & Testing Capabilities Integrated Manufacturing Facilities 01 In-house Technology product since inception 02 Clean room PCB Assemblies Truly “Made in India” Automated SMT Lines 03 04 Reflow and wave soldering • Quality Assurance Lean Production Line 05 • Innovation & R&D • In-House NA
Slide 28: Recently Won Awards
Recently Won Awards In June 2022, Genus Power won the prestigious “The Genus Power also won the “Asia Business Outlook Top 10 Economic Times Energy Leadership Award” for Manufacturing Companies in India 2022” as a testament contributions to the energy sector as an equipment to the competence and exc
Slide 29: Other Key Awards Received
Other Key Awards Received 2004: 2011: 2013: Rated among top 100 Electronic Outstanding performance award by The prestigious EFY Reader’s choice top 5 companies in India by EFY NDPL towards AT&C loss reduction brands 2015: 2015: Accorded Excellence in Quality by “Silver Certificate of Merit” by Frost
Slide 30: Business Outlook
Genus energizing lives Business Outlook
Slide 31: 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 ▪ At present, India loses around 30% of its power generated due to transmission, distribution, billing generation and collection inefficiencies ▪ Theft is the one of the main causes of
Slide 32: Reforms-Based, Result-Linked Power Distribution Sector Scheme
Reforms-Based, Result-Linked Power Distribution Sector Scheme Government has approved Rs. 3.03 trillion power distribution company (DISCOM) reform scheme. About half of the total funds of the scheme i.e. about Rs. 1.5 trillion 01 are to be deployed for installation of smart meters Scheme aims to bri
Slide 33: Stringent Qualification Criteria & State-specific Interventions
Stringent Qualification Criteria & State-specific Interventions Tripartite Agreements Different from Qualification Criteria State-wise Evaluation Fund Disbursement Earlier Schemes DISCOMs would need Implementation of the approvals from their state To qualify for the scheme, Evaluation framework for
Slide 34: Metering Opportunity
Metering Opportunity METERING OPPORTUNITY India has 250 million legacy meters There are plans to install up to 130 million smart meters As per the, notification by power ministry, dated 8th by 2021 September 2016 : Mandatory rollout of Smart Meters, for consumers GOVERNMENT INVESTMENT with monthly c
Slide 35: 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 36: 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 37: Financial Performance
Genus energizing lives Financial Performance
Slide 38: Financial Highlights
Financial Highlights Revenue (Rs. Crore) EBITDA (Rs. Crore) 1,056 1,060 173 808 128 685 609 102 79 60 FY19 FY20 FY21 FY22 FY23 FY19 FY20 FY21 FY22 FY23 PAT (Rs. Crore) Cash PAT (Rs. Crore) 94 116 72 92 74 51 47 52 35 26 FY19 FY20 FY21 FY22 FY23 FY19 FY20 FY21 FY22 FY23 Standalone Results As per IND-
Slide 39: Standalone Profit & Loss Statement
3 Standalone Profit & Loss Statement Particulars (Rs. Crores) FY23 FY22 YoY Total Revenue 808.4 685.1 18.0% Cost of Material Consumed 519.2 435.1 Employee Expenses 123.6 106.6 Other Expenses 86.8 83.8 EBITDA 78.8 59.6 32.2% EBITDA (%) 9.8% 8.7% Other Income 18.4 26.8 Depreciation 18.7 20.5 EBIT 78.5
Slide 40: Standalone Balance Sheet
3 Standalone Balance Sheet ASSETS (Rs. Crores) Mar-23 Mar-22 EQUITY AND LIABILITIES(Rs. Crores) Mar-23 Mar-22 Non-current assets Equity Property, plant and equipment 139.3 138.6 Equity share capital 25.8 25.8 7.3 2.0 Other equity 958.8 929.4 Capital work-in-progress Total equity 984.6 955.2 Right of
Slide 41: Consolidated Profit & Loss Statement
3 Consolidated Profit & Loss Statement Particulars (Rs. Crores) FY23 FY22 Y-o-Y Total Revenue 808.4 685.1 18.0% Cost of Material Consumed 519.2 435.1 Employee Expenses 123.7 106.6 Other Expenses 86.9 83.8 EBITDA 78.6 59.6 31.9% EBITDA (%) 9.7% 8.7% Other Income 13.7 59.4 Depreciation 18.7 20.5 EBIT
Slide 42: Consolidated Balance Sheet
3 Consolidated Balance Sheet ASSETS (Rs. Crores) Mar-23 Mar-22 EQUITY AND LIABILITIES(Rs. Crores) Mar-23 Mar-22 Non-current assets Equity Property, plant and equipment 139.3 138.6 Equity share capital 23.0 23.0 7.3 2.0 Other equity 957.2 933.9 Capital work-in-progress Total equity 980.2 956.9 Right
Slide 43: 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. Shogun Jain / Mr. Parin Narichania shogun.jain@sgapl.net / parin.n@sgapl.net www.sgapl.net 42
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