Ge Power India Ltd. · NSE:GVPIL

Ge Power India — Q4 FY2022-23 Earnings Presentation

14 slides from Ge Power India's earnings presentation, May 29, 2023

  1. Slide 1: GE Power India Limited

    GE Power India Limited CIN-L74140MH1992PLC068379 Corporate Office: Axis House, Plot No 1-14, Towers 5 & 6, Jaypee Wish Town, Sector 128 Noida Uttar Pradesh - 201301 T +91 0120 5011011 F +91 0120 5011100 29 May 2023 To, To, The Manager Listing, The Manager Listing, National Stock Exchange of India Lt

  2. Slide 2: Earnings presentation Q4 2022-23 - Disclaimer

    GE POWER INDIA LIMITED Earnings presentation – Q4 2022-23 Results Disclaimer • This presentation has been prepared solely for the use at analyst/ investor presentation. By attending the meeting where this presentation is made, or by reading the presentation slides, you agree to be bound by the follo

  3. Slide 3: Contents

    Contents • Safety update • Executive Summary – Q4 and FY 2022-23 • Financials • Continuous Improvement • GEPIL market relevance • Q&A ©©2022 2023GE GEPower Power India Limited- All India Limited - All rights rights reserved reserved 2

  4. Slide 4: Safety update

    Safety update 1 2 3 GEPIL EHS PERFORMANCE FY23 Fatalities 0 Total Hours 24M worked 4a 4b 1. Customer Award to Telangana FGD Project, India. 2. Customer Appreciation Award to GEPIL Service, India. 3. International Greentech EHS award’23 to GEPIL in Construction Safety and Leadership Category 4. Inter

  5. Slide 5: Executive Summary Q4 2022-23

    Executive Executive Summary Summary Q1 Q4 2022-23 2022-23 Q1 FY 2022-23 vs Q1 FY 2021-22 • Excellent quarter for Core Service orders; 70% up over Q4 PY • FGD and Upgrade opportunities converting to orders slower than anticipated • Revenue down 40% vs. Q4 PY due to lower orders in previous quarters a

  6. Slide 6: Executive Summary FY 2022-23

    Executive Summary FY 2022-23 • Challenging year with geopolitical impact on supply chain & overall inflation • Orders up 116% over PY, revenue down by 31% • Core Services 20+% growth in tough market environment • New build market continues to see delays in ordering, impacting backlog • Focus on GEPI

  7. Slide 7: Financials

    GE Power India Limited Financials © 2022 GE Power India Limited - All rights reserved 6

  8. Slide 8: Orders mix

    Orders mix Driving towards a better business mix: Full Year New build vs Services EPC vs non-EPC Govt. vs Private 100% 16% 41% 53% 63% 88% 100% 84% 59% 47% 37% 12% FY 2021-22 FY 2022-23 FY 2021-22 FY 2022-23 FY 2021-22 FY 2022-23 Services New build non-EPC EPC Govt. Private % Orders mix scaled to 10

  9. Slide 9: Orders

    Orders ₹ Million Q4 Full Year 16,350 2,277 7,537 1,382 FGD Steam services Hydro Gas FGD Steam services Hydro Gas 2021-22 2022-23 2021-22 2022-23 FY 2022 - 23 • Steam Core Service ordering has grown by ~ 21% • FGD market size is larger than last year but not where we expected it to be • Pipeline of o

  10. Slide 10: Revenue

    Revenue ₹ Million Q4 Full Year 5,908 26,205 17,958 3,445 2021-22 2022-23 2021-22 2022-23 FY 2022 - 23 • Lower FGD Revenue due to Low Order Intake, Site Delays & projects nearing completion • Core Services Continues to Grow. • Execution of Hydro Projects – Subhansri, Kundah & Tehri. © 2023 GE Power I

  11. Slide 11: Profit before Tax

    Profit before Tax ₹ Million Q4 Full Year -2,935 -3,342 -1,282 -1,454 2021-22 2022-23 2021-22 2022-23 FY 2022 - 23 • Low Volume & product mix impact • One-off provisions & expenses – Solapur Fire Incident & Durgapur Restructuring • Project delays and Cost Escalation impact • Improved Service profitab

  12. Slide 12: Continuous Improvement in Execution Over FY2022-23

    Continuous Improvement in Execution Over 20 Kaizen events executed to resolve FY2022-23 complex issues by engaging upstream & downstream stakeholders Challenges / Opportunities Improvement Plan • Focus on milestones and sustained execution • Rigor on Cash collections, execute the accelerating cash c

  13. Slide 13: GE Power India Limited's Relevance

    GE Power India Limited’s Relevance • GEPIL will play a key role to deliver India’s promise to reach net zero by 2070 • Through the transition, coal is expected to remain a significant part of India’s energy mix • GEPIL is one of the very few players who have technology, expertise and capabilities to

  14. Slide 14: Slide 14

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