Genus Power Infrastructures Limited · NSE:GENUSPOWER
Genus Power Infrastructures — Q1 FY20 Earnings Presentation
38 slides from Genus Power Infrastructures's earnings presentation, Jul 26, 2019
Slide 1: Genus Power Infrastructures - exchange filing cover letter
G‘é’nus energizing lives July 26, 2019 National Stock Exchange of India Ltd. ‘ ‘I ' BSE Limited Block, l PJ. Towers, Exchange Plaza, Plot no. C/1,G Dalal Street, Fort, Bandra-Kurla Complex, Bandra (E), Mumbai 400001 — Mumbai - 400 051. (BSE Code: 530343) (NSE Symbol: GENUSPOWER) Dear Sir/Madam, Sub:
Slide 2: Genus Power Infrastructures Limited Corporate Presentation
Genus Power Infrastructures Limited Corporate Presentation July 2019 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 FY20: Performance Highlights
Q1 FY20: Performance Highlights Key Highlights Revenue (Rs. Crores) EBITDA (Rs. Crores) +15% +40% Board has recommended a 275.3 39.1 238.6 dividend of Rs. 0.58 per equity 27.9 share of face value of Rs. 1/- each (58% of Face Value of Equity Share) for the financial year ended March 31, 2019. This is
Slide 5: Strong Order Book
Strong Order Book We upgrade our technology and product Order Book (Rs. Crores) offering at regular interval backed by continuous R&D +36% 1,498 1,276 1,330 Strong Demand for various types of Meter across State Electricity Boards & Private 685 Players 386 Mar-16 Mar-17 Mar-18 Mar-19 Jun-19 Genus uni
Slide 6: Management Commentary
Management Commentary “Our company has started the year with optimism and Q1FY20 has seen a growth momentum of 15% in revenues with EBITDA margin expansion of 250 bps on YoY basis. The current order book gives a high revenue visibility to sustain growth in the current financial year. We continue to
Slide 7: Standalone Profit & Loss Statement
3 Standalone Profit & Loss Statement Particulars (Rs. Crores) Q1FY20 Q1FY19 YoY Total Revenue 275.3 238.6 15.4% Cost of Material Consumed 175.1 165.1 Employee Expenses 25.8 22.6 Other Expenses 35.2 23.0 EBITDA 39.1 27.9 40.4% EBITDA (%) 14.21% 11.68% Other Income 5.7 2.6 Depreciation 5.5 4.5 EBIT 39
Slide 8: Business Overview
Genus energizing lives Business Overview
Slide 9: 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 10: Journey So Far
Journey So Far ▪ Production of ▪ Deployed Smart Electronic Energy ▪ AMR / Pre-payment Metering Solution at ▪ India's First Narrowband - Meters Meter/ DT Meter Shapur (Junagarh) IOT setup for AMI with launched PGVCL – India’s First Vodafone Idea ▪ Established Single ▪ Ventured into Smart Village Proj
Slide 11: 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 Mr. R Viswanathan Dr. Giriraj Nyati Chief Manageme
Slide 12: 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 13: 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 14: End to End Energy Management Solutions
End to End Energy Management Solutions Meters from Generation to Consumption 13
Slide 15: 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 16: 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 17: 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 18: Balanced Client Mix
Balanced Client Mix SEB’s registered under UDAY schemes are the major revenue contributors 17
Slide 19: 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 18
Slide 20: 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 21: 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 22: Manufacturing Management
Infrastructure & Testing Capabilities • Quality Assurance Qualified & Capable to In-house Technology • Innovation & R&D service the ever growing product since inception • In-House NABL Accredited Electronic Energy power sector demand by Meter Testing Laboratories (recognized by Ministry of adhering
Slide 23: Key Awards Received
Key Awards Received 2000: 2004: 2011: Rated as 7th turnaround company of Rated among top 100 Electronic Outstanding performance award by India by Business World, India companies in India by EFY NDPL towards AT&C loss reduction 2013: 2015: The prestigious EFY Reader’s choice top Accorded Excellence i
Slide 24: Business Outlook
Genus energizing lives Business Outlook
Slide 25: 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 ▪ Theft is the one of the main causes of the high losses. Theft occurs in several ways, viz: by tapping power lines and tempering / by-passing meter etc ▪ Meters play a vital role in re
Slide 26: Government’s Thrust on Metered Power for All
Government’s Thrust on Metered Power for All Planned outlay of Rs. 326 Billion Strengthening of sub-transmission network to reduce AT&C losses DISCOMS had accumulated losses of Rs. 3.8 Trillion and Debt of Metering & implementation of IT application to reduce commercial losses Rs. 4.3 Trillion Smart
Slide 27: Metering Opportunity
Metering Opportunity METERING OPPORTUNITY India has 200 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 28: 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 29: Smart Meter as Game Changer
Smart Meter as Game Changer Four ways to recharge Uttar Pradesh’s power Power Ministry links sector '24x7 Power' with ”He also added that the Centre and the state are committed to resolving consumer honesty Uttar Pradesh's power sector distress through smart metering and 8th May 2017 crackdown on po
Slide 30: 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 31: Financial Performance
Genus energizing lives Financial Performance
Slide 32: Highest Annual Business
Highest Annual Business Revenue (Rs. Crores) EBITDA (Rs. Crores) 1,056 124 124 128 916 858 835 99 767 87 93 642 FY14 FY15 FY16 FY17* FY18* FY19* FY14 FY15 FY16 FY17* FY18* FY19* PAT (Rs. Crores) Cash PAT (Rs. Crores) 80 94 92 72 60 71 69 73 69 58 53 52 FY14 FY15 FY16 FY17* FY18* FY19* FY14 FY15 FY16
Slide 33: Standalone Profit & Loss Statement
3 Standalone Profit & Loss Statement Particulars (Rs. Crores) FY19 FY18 YoY Total Revenue 1,055.5 835.1 26.4% Cost of Material Consumed 718.0 575.0 Employee Expenses 98.2 85.8 Other Expenses 111.4 81.3 EBITDA 127.9 93.0 37.5% EBITDA (%) 12.12% 11.14% Other Income 17.9 22.0 Depreciation 19.4 17.1 EBI
Slide 34: Standalone Balance Sheet
3 Standalone Balance Sheet ASSETS (Rs. Crores) Mar-19 Mar-18 EQUITY AND LIABILITIES(Rs. Crores) Mar-19 Mar-18 Non-current assets Property, plant and equipment 176.9 165.5 Equity Share capital 25.7 25.7 Capital work-in-progress 1.6 1.9 Share Application Money Pending Allotment 0.0 0.1 Other intangibl
Slide 35: Consolidated Profit & Loss Statement
3 Consolidated Profit & Loss Statement Particulars (Rs. Crores) Q1FY20 Q1FY19 YoY Total Revenue 275.3 238.6 15.4% Cost of Material Consumed 175.1 165.1 Employee Expenses 25.8 22.6 Other Expenses 41.8 22.1 EBITDA 32.6 28.8 13.2% EBITDA (%) 11.85% 12.08% Other Income 4.6 2.2 Depreciation 5.5 4.5 EBIT
Slide 36: Consolidated Profit & Loss Statement
3 Consolidated Profit & Loss Statement Particulars (Rs. Crores) FY19 FY18 Y-o-Y Total Revenue 1,055.5 835.1 26.4% Cost of Material Consumed 718.0 575.0 Employee Expenses 98.2 85.8 Other Expenses 126.9 81.3 EBITDA 112.4 93.0 20.8% EBITDA (%) 10.65% 11.14% Other Income 10.9 55.0 Depreciation 19.4 17.1
Slide 37: Consolidated Balance Sheet
3 Consolidated Balance Sheet ASSETS (Rs. Crores) Mar-19 Mar-18 EQUITY AND LIABILITIES (Rs. Crores) Mar-19 Mar-18 Non-current assets Property, plant and equipment 176.9 165.5 Equity Share capital 23.0 23.0 Capital work-in-progress 1.6 1.9 Share Application Money Pending Allotment 0.0 0.1 Other intang
Slide 38: Genus Power Infrastructures Limited 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. Shrikant Sangani shogun.jain@sgapl.net / shrikant.sangani@sgapl.net www.sgapl.net 37
Genus Power Infrastructures — Q1 FY20 Earnings Presentation on 6ix