Jsw Energy Limited · NSE:JSWENERGY
Jsw Energy — Q1 FY2020 Earnings Presentation
15 slides from Jsw Energy's earnings presentation, Aug 6, 2019
Slide 1: JSW Energy Limited Q1FY20 Results Presentation
JSW Energy Limited Q1FY20 Results Presentation August 6, 2019
Slide 2: Key Highlights for Q1FY20
Key Highlights for Q1FY20 Commenced power supply from Vijayanagar plant to Telangana under 300 MW short term PPA Added 41 MW under long term PPA (LT PPA) at Ratnagiri plant under Group Captive scheme increasing the consolidated LT PPA proportion to 81.4% Commissioned 18 MW thermal power plant
Slide 3: Agenda
Agenda Business Environment Operational and Financial Performance 3
Slide 4: Demand Growth robust at 6.7% YoY in Q1FY20
Demand Growth robust at 6.7% YoY in Q1FY20 Q1 FY20* Q1FY19 Remarks Region YoY % (MUs) (MUs) (Key States driving Demand) North 108,462 101,421 6.9% Uttar Pradesh (+10.8% YoY) West 105,213 99,617 5.6% Chhattisgarh (+26.0% YoY) South 90,037 82,858 8.7% Karnataka (+15.6% YoY) East 39,841 38,010 4.8% Bih
Slide 5: Generation and PLF trends
Generation and PLF trends Q1 FY20* Q1FY19 Gross Generation YoY % Remarks (MUs) (MUs) Thermal 287,690 276,562 4.0% • RE generation robust at 18.5% YoY Hydro 39,549 31,575 25.3% RES 36,186 30,527 18.5% • Growth in Hydro generation higher due to weak generation in Q1FY19 Others 11,904 10,847 9.7% becau
Slide 6: Installed Capacity
Installed Capacity Sector-wise Installed Capacity – 358.3 GW Segment-wise Installed Capacity – 358.3 GW (As on June 30, 2019) (As on June 30, 2019) Total: 79.8 GW # RES Total: 86.6 GW # Central State Total: 105.1 GW # +2,151 MW * 22.3% 24.2% 29.3% Hydro Total: 45.4 GW # Total: 226.3 GW # 12.7% Therm
Slide 7: Average Merchant Tariff
Average Merchant Tariff 6.50 Merchant Tariff Trend (`/unit) Particulars Q1 FY20 Q4 FY19 Q1 FY19 YoY% QoQ% 5.50 Merchant Volume 11,993 9,431 13,938 -14.0% 27.2% (MUs) 4.50 Average merchant 3.29 3.18 4.13 -20.3% 3.6% tariff (`/unit) 3.50 Particular FY19 FY18 FY17 FY16 2.50 Average merchant 3.85 3.26 2
Slide 8: Indian Economy and Imported Thermal Coal Prices
Indian Economy and Imported Thermal Coal Prices Industrial production (IIP) growth recovered after dipping to a 23- Imported coal (API4) price and USD/INR indexed to Jun-18 Levels month low in Mar’19 (0.1%) and stood at 3.7% YoY in Apr-May’19 Imported coal (API4) prices witnessed sharp decline o
Slide 9: Agenda
Agenda Business Environment Operational and Financial Performance 9
Slide 10: Power Generation
Power Generation Q1 Plant-wise Net Generation (MUs) 4% 6,086 5,867 31% 4% 16% 30% 1,868 1,954 1,443 2,032 1,651 1,379 662 960 4 0 Vijayanagar Ratnagiri Barmer Hydro Solar Total Q1 FY19 Q1 FY20 PLF/CUF Q1 FY20 Q1 FY19 Remarks (Q1 FY20) Vijayanagar 38.2% 55.4% Lower short term sales Ratnagiri 81.7% (*
Slide 11: Consolidated Financial Results
Consolidated Financial Results ` Crore Particulars Q1 FY20 Q1 FY19 Total Revenue 2,464 2,428 EBITDA 861 844 EBITDA Margin(%) 35% 35% Interest 270 313 Depreciation 291 290 Profit Before Tax 300 241 Profit After Tax 244 229 Gross Cash Accruals* 551 500 Diluted EPS (`) # 1.49 1.40 # Not Annualized for
Slide 12: Amongst the Strongest Balance Sheet in Power Sector
Amongst the Strongest Balance Sheet in Power Sector in ` Crore in (x) 13,000 1.20 12,000 1.04 1.02 1.10 0.98 Net Worth (Rs Crore) 0.90 1.00 11,000 0.89 Net Debt* (Rs Crore) 0.86 0.90 0.85 Net Debt*/Equity (x) 10,000 0.80 9,000 0.70 8,000 0.60 Dec 31, Mar 31, Jun 30, Sept 30, Dec 31, Mar 31, Jun 30,
Slide 13: Entity-wise Summary Financial Performance
Entity-wise Summary Financial Performance ` Crore Total Revenue # Q1 FY20 Q1 FY19 Standalone 1,191 1,388 JSW Barmer 863 654 JSW Hydro 390 370 JPTL 20 22 Consolidated * 2,464 2,428 EBITDA Q1 FY20 Q1 FY19 Standalone 295 259 JSW Barmer 251 265 JSW Hydro 334 337 JPTL 19 21 Consolidated * 861 844 # Inclu
Slide 14: Forward Looking and Cautionary Statement
Forward Looking and Cautionary Statement This presentation has been prepared by JSW Energy Limited (the “Company”) based upon information available in the public domain solely for information purposes without regard to any specific objectives, financial situations or informational needs of any parti
Slide 15: Thank you
Thank you 15