Torrent Power Limited · NSE:TORNTPOWER
Torrent Power — Q1 FY2025 Earnings Presentation
23 slides from Torrent Power's earnings presentation, Jul 30, 2024
Slide 1: Exchange filing cover letter
July 30, 2024 To, To, Corporate Relationship Department Listing Department BSE Limited, National Stock Exchange of India Limited th 14 Floor, P. J. Towers, “Exchange Plaza”, C – 1, Block G Dalal Street, Fort, Bandra- Kurla Complex, Bandra (East), Mumbai-400001 Mumbai-400051 SCRIP CODE: 532779 SCRIP
Slide 2: Torrent Power Limited Investor Presentation Q1 FY 2024-25
TORRENT POWER LIMITED Investor Presentation Q1 FY 2024-25
Slide 3: Disclaimer
DISCLAIMER This information may contain certain forward-looking statements/details in the current scenario, which is extremely dynamic and increasingly fraught with risks and uncertainties. Actual results, performances, achievements or sequence of events may be materially different from the views ex
Slide 4: Presentation Outline
PRESENTATION OUTLINE TORRENT GROUP TORRENT POWER LIMITED OVERVIEW OF OPERATIONS Q1 FY25 FIVE YEAR TREND: KEY FINANCIAL & TECHNICAL STATISTICS
Slide 5: Torrent Group
TORRENT GROUP TORRENT PHARMACEUTICALS LIMITED • A generics pharmaceutical major with strong global footprint • Ranked 5th in Indian pharma market with leading position amongst the Top 5 in the therapeutics segments of Cardiovascular (CV), Gastro-Intestinal (GI), Central Nervous System (CNS), and Vit
Slide 6: Torrent Group
TORRENT GROUP Turnover $ 4.6 Bn Market Cap $ 19.9 Bn Enterprise Value $ 21.5 Bn Employees 25,000+ Spreading smiles Illuminating Lives Not just healthcare… Lifecare Generating Trust. Distributing Opportunities. Turnover: $ 1.3 Bn Turnover: $ 3.3 Bn Building pan-India state-of-art city gas Enterprise
Slide 7: Torrent Power Limited
TORRENT POWER LIMITED Spreading smiles Illuminating Lives Thermal Solar Wind Transmission Distribution - 2,730 MW state-of- - 368 MWp operational - 921 MW operational - 355 kms 400 kV & - Licensed: art gas based power capacity - 430 MW of - 2730 MW of gas based - 138 MW of capacity operational portf
Slide 8: Torrent Power Limited asset map
TORRENT POWER LIMITED 01 GUJARAT 02 MAHARASHTRA Wind (126 MW) Osmanabad AMGEN (362 MW) Sabarmati, Ahmedabad Solar (60 MWp) Solapur DGEN (1200 MW) Dahej, Bharuch SUGEN & Kamrej, Surat Bhiwandi UNOSUGEN Shil, Mumbra and Kalwa (1530 MW) Wind (49.6 MW) Wind (251.6 MW) Jamnagar Kutch 03 UTTAR PRADESH Agr
Slide 9: Portfolio of Assets: Thermal Generation
TORRENT POWER LIMITED PORTFOLIO OF ASSETS : THERMAL GENERATION Particulars Sugen Unosugen Dgen Amgen Capacity 1147.5 382.5 1200 362 (MW) (3 x 382.5) (1 x 382.5) (3 x 400) (1 x 120, 2 x 121) Plant Type Gas-based CCPP Gas-based CCPP Gas-based CCPP Coal Based Location Near Surat, Gujarat Near Surat, Gu
Slide 10: Portfolio of Assets: Renewable Generation (Operational)
TORRENT POWER LIMITED PORTFOLIO OF ASSETS : RENEWABLE GENERATION (OPERATIONAL) Particulars 403 921 Capacity (MWp) (360 MW contracted) (920 MW Contracted) Gujarat,Maharashtra,Karnataka, Rajasthan & Madhya Location Gujarat, Maharashtra & Telangana Pradesh COD FY 12 to FY25 FY 12 to FY 24 Avg Tariff (₹
Slide 11: Renewable Energy Projects in Pipeline
TORRENT POWER LIMITED RENEWABLE ENERGY PROJECTS IN PIPELINE Contracted Installed Expected Tariff in Project Capacity Capacity Off-taker Project Cost Remarks Rs/Unit (MW) (MW*) (Rs in Cr) 87.7 MWp commissioned, TPLD Solar 300 420 2.22^ Own Discom 1,800 balance by Q2-FY25 MSEDCL Solar 306 425 3.10 MSE
Slide 12: Portfolio of Assets: Licensed Distribution
TORRENT POWER LIMITED PORTFOLIO OF ASSETS : LICENSED DISTRIBUTION Particulars Ahmedabad / Gandhinagar Surat Dahej Licensed Area ~ 356 sq. km. ~ 52 sq. km. ~ 17 sq. km. Peak Demand(FY24) 1,834 MW 757 MW 115 MW As per Electricity Amendment Rules, 2023 the Licenses are deemed to be renewed for further
Slide 13: Portfolio of Assets: Licensed Distribution
TORRENT POWER LIMITED PORTFOLIO OF ASSETS : LICENSED DISTRIBUTION Dadra & Nagar Haveli and Daman & Diu Power Particulars Dholera SIR Distribution Licensed Area ~ 920 sq. km. ~603 sq. km. Peak Demand(FY24) 3 MW 1,333 MW As per Electricity Amendment Rules, 2023 the Licenses are deemed to be renewed fo
Slide 14: Portfolio of Assets: Franchised Distribution
TORRENT POWER LIMITED PORTFOLIO OF ASSETS : FRANCHISED DISTRIBUTION Particulars Bhiwandi Agra Shil, Mumbra, Kalwa (SMK) Licensed Area ~ 721 sq. km. ~ 221 sq. km. ~65 sq. Km. Peak Demand 609 MVA 505 MVA 155 MVA (FY24) License validity 25th Jan 2027 31st March 2030 29th Feb 2040 ➢ SMK taken over w.e.f
Slide 15: Overview of Operations – Q1 2024-25
OVERVIEW OF OPERATIONS – Q1 2024-25 Consolidated Financial Statement Q1 24-25 Q1 23-24 Growth % FY 23-24 (₹ in Cr.) Revenue from Operations 9,034 7,328 23% 27,183 Power Purchase Cost 6,250 5,455 19,391 Material Cost & Change in Inventory 288 177 1,117 Contribution 2,496 1,696 47% 6,675 Other Income
Slide 16: Overview of Operations – Q1 2024-25
OVERVIEW OF OPERATIONS – Q1 2024-25 Profit after tax (PAT) for Q1 FY 2024-25 stood at ₹ 996 crs as compared to ₹ 532 crs for Q1 FY 2023-24. The major reasons for higher PAT for the quarter on y-o-y basis are: Increase in contribution from merchant power sales in gas-based power plants; Increase
Slide 17: Q1 Thermal PLF
OVERVIEW OF OPERATIONS – Q1 2024-25 Q1 Thermal PLF(%) 93.2% 96.3% 251 59.7% 62.7% MUs 60.4% 58.8% 55.6% 50.7% 44.9% 39.6% Q1 FY24 32.5% Q1 FY25 11.1% SUGEN UNOSUGEN DGEN GAS PLANTS AMGEN THERMAL 1147.5 MW 382.5 MW 1200 MW 2730 MW 362 MW 3092 MW
Slide 18: Q1 Renewable PLF
OVERVIEW OF OPERATIONS – Q1 2024-25 Q1 Renewable PLF (%) 30.5% 28.3% 21.1% 19.5% 264 MUs WIND 805 MW/ 921 MW* SOLAR 281 MWp / 403 MWp Q1 FY24 Q1 FY25 *Includes generation from 116 MW SECI V Project commissioned in July, 2023 and 87.7 MWp commissioned in June 2024 the quarter. PLF is on contracted ca
Slide 19: Q1 Distribution Units and Losses
OVERVIEW OF OPERATIONS – Q1 2024-25 Q1 USO/Purchase (MUs) 2,886 2,618 2,672 2,582 1,137 1,079 975 Q1 FY24 1,010 789 658 Q1 FY25 207 198 237 255 Ahmedabad Surat DDDNH Dahej Bhiwandi Agra SMK 9.93% Distribution Loss (%) Distribution Loss (%) 9.20% 32.58% 29.93% Q1 FY24 3.40% Q1 FY24 15.25%14.55% 2.81%
Slide 20: 5 Year Trend - Financial Statistics
5 YEAR TREND - FINANCIAL STATISTICS Revenues from Operations (₹ Crore) EBIDTA (₹ Crore) 25,694 27,183 5,141 4,903 3,734 3,607 3,826 13,641 14,257 12,173 2019-20 2020-21 2021-22 2022-23 2023-24 2019-20 2020-21 2021-22 2022-23 2023-24 TCI* (₹ Crore) Net Worth (₹ Crore) 13,295 2,117 11,979 1,833 10,724
Slide 21: 5 Year Trend - Financial Statistics
5 YEAR TREND - FINANCIAL STATISTICS Net Debt / EBITDA Net Debt Equity Ratio 2.24 2.25 0.80 0.80 0.82 0.80 2.18 0.64 1.98 1.97 19-20 20-21 21-22 22-23 23-24 19-20 20-21 21-22 22-23 23-24 Return on Capital Employed Return on Networth 14.0% 19.1% 11.6% 14.2% 14.5% 10.0% 10.3% 11.1% 12.4% 9.3% 19-20 20-
Slide 22: 5 Year Trend - Operational Statistics
5 YEAR TREND - OPERATIONAL STATISTICS THERMAL PLF (%) T&D loss (%) Licensed Distribution 88.2% 76.9% 91.0% 6.03% 72.9% 60.1% 59.9% 4.98% 57.8% 4.06% 4.17% 4.16% 59.9% 3.43% 3.74% 39.7% 3.38% 3.17% 40.7% 44.3% 44.3% 2.77% 41.1% 36.6% 38.4% 15.0% 32.8% 1.59% 30.6% 0.31% 0.49% 0.45% 1.58% 6.5% 9.8% 1.7
Slide 23: Thank You
THANK YOU Contact details: Rishi Shah Torrent Power Limited “Samanvay”, 600 Tapovan, Ambawadi, Ahmedabad 380015 Ph. No. (079) 26628473 Email: IR@torrentpower.com