Kpi Green Energy Limited · NSE:KPIGREEN
Kpi Green Energy — KPI Global Infrastructure — IPO Roadshow (January 2019)
30 slides from Kpi Green Energy's IPO roadshow presentation, January 2019
Slide 1: KPI Global Infrastructure Limited Investor Presentation January 2019
KPI GLOBAL INFRASTRUCTURE LIMITED INVESTOR PRESENTATION JANUARY 2019
Slide 2: Safe Harbour
SAFE HARBOUR By attending the meeting where this presentation is made, or by reading the presentation materials, you agree to be bound by the following limitations contained herein and to maintain absolute confidentiality regarding the information disclosed in the presentation. Any failure in comply
Slide 3: Table of Contents
TABLE OF CONTENTS ISSUE DETAILS 4 EXECUTIVE SUMMARY 5 INDUSTRY OVERVIEW 6-8 ABOUT THE COMPANY 9-21 FINANCIALS 22-23 PROPOSED PROJECT DETAILS & IMPLEMENTATION SCHEDULE 24-26 KEY STRENGTHS & STRATEGIES 27-28 KEY INVESTMENT RATIONALE 29 CONTACT US 30 © Vivro Financial Services Private Limited 3
Slide 4: Issue Details
ISSUE DETAILS Company KPI GLOBAL INFRASTRUCTURE LIMITED Type of Offering Initial Public Offering (“IPO”) of Equity Shares Offer Size 49,92,000 Equity Shares of ₹10/- each aggregating upto ₹ 3,993.60 Lakhs Issue Price ₹ 80 per Equity Share • Retail Allocation* - 23,71,200 Equity Shares of ₹ 10 each I
Slide 5: Executive Summary
EXECUTIVE SUMMARY • IPP (Independent Power Producer) : Generating solar power under the brand name of ‘Solarism’ and selling power directly to third parties through bilateral Power Purchase Agreements (PPA) at rates linked to DISCOM rates BUSINESS • CPP (Captive Power Producer) : Developing, transfe
Slide 6: Industry Overview
INDUSTRY OVERVIEW India is the third largest producer and the third largest consumer of electricity in the world, with the installed power capacity reaching 343.90 GW as of June 2018. – ICRA Research The Renewable Sector (RE) has reported a record capacity addition of 11.3 GW in FY 2017, which is an
Slide 7: Industry Overview
INDUSTRY OVERVIEW With a strong focus on promotion of RE, the Government of India has initiated measures to augment the RE capacity with a target to achieve 175 GW by FY 2022, out of which 100 GW is aimed from solar power generation. The solar power capacity is spread across Tamil Nadu, Rajasthan, G
Slide 8: Industry Overview: Growth Drivers
INDUSTRY OVERVIEW Growth Drivers • Policy support for grid-connected solar capacity continues to remain strong in form of “mechanism of bundling” of solar power with relatively inexpensive thermal power and provision of Viability Gap Funding (VGF) Policy Support for Solar • Government has introduced
Slide 9: Company Overview
COMPANY OVERVIEW KPI GLOBAL INFRASTRUCTURE LIMITED (“KPI”, “COMPANY”) FY 2016 to FY 2018 Incorporated in 2008, under the Companies Act, 1956. Promoted by Mr. Faruk G Patel, having more than 18 years of experience. EBIDTA CAGR PAT CAGR Business Verticals: Independent Power Producer (IPP), Capti
Slide 10: Board of Directors
BOARD OF DIRECTORS Faruk G. Patel Santosh Singh Bhadrabala D. Joshi Rajnikant H. Shah • Aged 46 years • Founding Promoter • Aged 38 years • Aged 60 years • Aged 65 years • Matriculate from • B. Tech in Electrical & • B.Pharm from • B.com from Electronics Engineering Gujarat University Gujarat second
Slide 11: Experienced Team
EXPERIENCED TEAM Shaheedul Hasan Salim Yahoo Rajvi Upadhyay • BE Electronics • Bachelor degree • Completed B.Com from Aligarh in commerce from Veer Muslim from Bombay Narmad South University University and Gujarat University Diploma in and is also a Business & qualified • More than 28 years of Admin
Slide 12: Key Events & Milestones
KEY EVENTS & MILESTONES 2018 • First CPP project sales and initiation of setting up of 25 MW solar power plant Increasing the capacity of the 66 KV transmission line by laying second circuit 2017 • and receiving Sthapatya Award from The Institute of Civil Engineers & Architects 2016 • Beginning of p
Slide 13: Plant Site
PLANT SITE The following are actual images (aerial and ground view) of the Solarism Plant*: * At Sudi ,Samiyala & Tanchha village, Amod, Bharuch, Gujarat © Vivro Financial Services Private Limited 13
Slide 14: Business Verticals
BUSINESS VERTICALS KPI Global Infrastructure Limited Independent Power Captive Power Production Sale of Solar Project Land Producer (CPP) and O&M Services Plots (IPP) © Vivro Financial Services Private Limited 14
Slide 15: Business Verticals: Independent Power Producer Sales
BUSINESS VERTICALS Independent Power Producer Sales The Company is primarily engaged in generating & selling electricity from solar power projects as IPP under the brand name ‘Solarism’. The Solarism plant is located at Sudi & Tanchha village, Amod, Bharuch, Gujarat. The company has establishe
Slide 16: Business Verticals: Captive Power Producer Sales
BUSINESS VERTICALS Captive Power Producer Sales • Business: The Company is engaged in developing, transferring, operating and CPP Customers maintaining grid connected solar power projects on owned/leased land & selling these projects to third parties for their captive use requirements • Laser Fibers
Slide 17: Business Verticals: Sale of Solar Power Project Land Plots
BUSINESS VERTICALS Sale of Solar Power Project Land Plots • In the initial years of the business operations, KPI engaged in the sale of land parcels to third parties, which were leased back to foray into solar power generation business. • The Company started acquiring large parcels of lands at Sudi
Slide 18: Group Company: K. P. Energy Limited
GROUP COMPANY K. P. Energy Limited (“KPEL”) A BSE listed Company creating wind farm projects on turnkey KP Energy migrates to BSE Mainboard from SME basis for WTG manufacturers and investors or Independent platform Power Producers (IPPs). Listed on SME Platform of BSE on February 25, 2016 Prim
Slide 19: Group Company: KP Buildcon Private Limited
GROUP COMPANY KP Buildcon Private Limited (“KP Buildcon”) Manufacturing Facility: 1,25,000 square feet land area, having fabrication and hot dip galvanizing facility, all under one roof located at Dabhasa, Padra, Vadodara, Gujarat – 391440 Annual Installed Capacity: 24000 MTs, equipped with late
Slide 20: Customers / Marketing & Selling Arrangements
Customers/ Marketing & Selling Arrangements PPAs for UNIT I (Commissioned) PPAs for UNIT II (Proposed) Sr. Customer Name PPA Capacity Location Sr. Customer Name PPA Location No. (In MW) No. Capacity (In MW) 1 Mafatlal Industries Limited 2.875 MW Nadiad 1 United Phosphorous Limited 7.000 MW Jhagadia
Slide 21: Organization Structure
ORGANIZATION STRUCTURE Board of Directors Mr. Faruk G. Patel Mr. Santosh Singh Chairman & Whole Time Managing Director Director Shaheedul Mr. Salim Ms. Rajvi Hasan Yahoo Upadhyay Project Heads HR & Admin Chief Operating Chief Financial Company Officer Officer Secretary © Vivro Financial Services Pri
Slide 22: Financials (₹ In Lakhs)
FINANCIALS (₹ In Lakhs) September 30, 2018 March 31, 2018 March 31, 2017 March 31, 2016 For the Period Ended (6M) (12 M) (12 M) (12 M) Total Operating Revenues 1,815.25 3,155.54 2,576.03 2,746.92 Cost Of Materials Consumed 544.92 549.88 337.06 561.27 Employee Benefit Expenses 43.86 109.00 91.26 102.
Slide 23: Financial Snapshot
FINANCIAL SNAPSHOT EBIDTA (₹ In Lakhs) Growing at CAGR of 12.17% 1,854.01 1,746.14 1,473.48 FY 2016 FY 2017 FY 2018 PAT (₹ In Lakhs) Growing at CAGR of 21.89% 1,140.92 767.97 812.49 FY 2016 FY 2017 FY 2018 © Vivro Financial Services Private Limited 23
Slide 24: Proposed Project & Deployment of Funds
PROPOSED PROJECT & DEPLOYMENT OF FUNDS ₹ In Lakhs Funds already Funds proposed to be Funds deployed till deployed** Sr. No. Activities required November 30, 2018* In FY 2019 In FY 2020 1 To part finance setting up a 25 MW Solar Power Project at Sudi Village, Samiyala village, Tanchha village, locate
Slide 25: Proposed Project & Means of Finance
PROPOSED PROJECT & MEANS OF FINANCE Total Funds required for setting up the 25 MW solar power project ₹ In Lakhs Particulars Amount Aggregate funds required for the Objects of the Issue (A) 13,203.76 Less: Amount proposed to be financed from Power Finance Corporation Limited (B) (8,600.00) Less: Amo
Slide 26: Implementation Schedule
IMPLEMENTATION SCHEDULE Particulars Month / Year of Commencement Month / Year of Completion For setting up a 25 MW Solar Power Project at Sudi village, Samiyala village, Tanchha village, located in Amod Tehsil in Bharuch District of Gujarat 1. Acquisition of Land and Conversion into Non Agricultural
Slide 27: Key Strengths
KEY STRENGTHS Favorable Geographical Location Of Established Infrastructure For Higher Per Unit Revenue Realization the Solar Power Plant Evacuating Power And Assured Revenue From PPAs Factors: Located in favorable solar radiation, Existing 66 KV transmission line (Panther line) Selling of pow
Slide 28: Key Strategies
KEY STRATEGIES Capitalizing on the Growth Opportunities available in the Enhancement of installed capacity as an Independent Renewable Energy Sector Power Producer (IPP) • Renewable Energy Sector in India has strong development potential owing • The Company intends to increase its capacity by additi
Slide 29: Key Investment Rationale
KEY INVESTMENT RATIONALE Higher per unit rate IPP revenue through of ₹ 6.58/unit under Consistent Higher Promoter having existing PPAs with open access as CUF of above 20% proven expertise in reputed industrial compared to less than compared to similar RE sector customers ₹ 3/unit of other RE player
Slide 30: Contact Us
CONTACT US For further information, please contact: KPI Global Infrastructure Limited Vivro Financial Services Private Limited Ms. Rajvi Upadhyay Mr. Anish Akruwala Mr. Tushar Ashar +91- 9687624211 +91 - 7567697979 +91 - 9323290678 +91- 2612764757 +91 - 7940404242 +91 - 2266668040 rajvi.upadhyay@kpg
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