Genus Power Infrastructures Limited · NSE:GENUSPOWER
Genus Power Infrastructures — Investor Presentation (August 2017)
32 slides from Genus Power Infrastructures's investor presentation, August 2017
Slide 1: Genus Power Infrastructures Limited Corporate Presentation
Genus Power Infrastructures Limited Corporate Presentation August 2017 1
Slide 2: 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 3: Business Overview
Genus energizing lives Business Overview
Slide 4: 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 industry ~70% market share in Smart Meters Top-notch In-house R&D recogn
Slide 5: Journey So Far
Journey So Far ▪ Deployed Smart Metering ▪ Production of Electronic ▪ AMR / Pre-payment Meter/ Solution at Shapur (Junagarh) Energy Meters DT Meter launched PGVCL – India’s First Smart ▪ Established Single & Three ▪ Ventured into Power Village Project Phase Electronic Energy Distribution Management
Slide 6: Experienced Management Team
Experienced Management Team Mr. Ishwar Chand Agarwal Mr. Kailash Chandra Agarwal Executive Chairman Vice-Chairman, Non-Executive, Non-Independent Mr. Rajendra Kumar Agarwal Mr. Jitendra Kumar Agarwal Managing Director and CEO Joint Managing Director Dr. Giriraj Nyati Mr. R Viswanathan COO - Metering
Slide 7: 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 YOURlevelTEXT3 Company HERE Armed with long-term, PUT TEXT HERE Molding, Automated SMT recognised by Ministry of Accredited with - ISI, KEMA, highl
Slide 8: 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, ABT & Grid Meters, Distribution Transformer (DT Meters), Pre-payment Meters, Gas Meter, Smart Street Light Man
Slide 9: End to End Energy Management Solutions
End to End Energy Management Solutions Meters from Generation to Consumption 9
Slide 10: 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 11: 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 12: 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 13: Balanced Client Mix
Balanced Client Mix SEB’s registered under UDAY schemes are the major revenue contributors 13
Slide 14: 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 14
Slide 15: Quality Certifications
Quality Certifications ZigBee Certification DLMS certification Bureau Veritas National Accreditation Board for QSI Certification Testing and Calibration Laboratories KEMA Certification R&D Lab recognized by MSD, GOI Silver Certificate by Frost & Sullivan IEC Certifications C-Dot Certifications STQC
Slide 16: Business Outlook
Genus energizing lives Business Outlook
Slide 17: 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 18: 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 19: Metering Opportunity
Metering Opportunity METERING OPPORTUNITY India has 200 million legacy meters There are plans to install up to 130 million smart As per the, notification by power ministry, dated 8th meters by 2021 September 2016 : GOVERNMENT INVESTMENT Mandatory rollout of Smart Meters, for TheThe government is pla
Slide 20: 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 21: Smart Meter as Game Changer
Smart Meter as Game Changer Four ways to recharge Uttar Pradesh’s power sector Goyal links '24x7 Power' ”He also added that the Centre and the state are committed to resolving with consumer honesty Uttar Pradesh's power sector distress through smart metering and 8th May 2017 crackdown on power theft
Slide 22: Geared to Ride the Growth Wave
Geared to Ride the Growth Wave Market leaders in metering business National and International Extensive Promoter Recognition and certifications Experience Integrated manufacturing facility/ largest installation base Strong Pre - qualification Credentials In-house R&D Centre Relationships with the Cu
Slide 23: Financial Performance
Genus energizing lives Financial Performance
Slide 24: Business showing Improving Trend
Business showing Improving Trend Revenue (Rs. Crores) EBITDA (Rs. Crores) +26% 31 187 183 +84% 145 22 12 Q1FY17 Q4FY17 Q1FY18 Q1FY17 Q4FY17 Q1FY18 PAT (Rs. Crores) Order Book (Rs. Crores) -2% +3% 16 14 14 706 661 685 Q1FY17 Q4FY17 Q1FY18 Q1FY17 Q4FY17 Q1FY18 Standalone Results 24
Slide 25: Disciplined Capital Management
Disciplined Capital Management Gross Block (Rs. Crores) Capacity Utilisation (%) 177 69% 146 152 53% 51% 107 110 39% 39% FY13 FY14 FY15 FY16 FY17 FY13 FY14 FY15 FY16 FY17 Net Debt (Rs. Crores) Dividend (% of Face Value) 312 45.0% 256 259 171 163 25.0% 20.0% 10.0% 10.0% FY13 FY14 FY15 FY16 FY17 FY13
Slide 26: Balanced Business Results
Balanced Business Results Revenue (Rs. Crores) EBITDA (Rs. Crores) 916 124 124 858 767 99 661 642 87 80 FY13 FY14 FY15 FY16 FY17 FY13 FY14 FY15 FY16 FY17 PAT (Rs. Crores) Cash PAT (Rs. Crores) 80 94 60 58 71 69 73 53 44 53 FY13 FY14 FY15 FY16 FY17 FY13 FY14 FY15 FY16 FY17 Standalone Results 26
Slide 27: Positive Cashflow Generation
Positive Cashflow Generation Cash flow from Operation (Rs. Crores) Operating Cash flow to Sales ratio (%) 150 23.00% 88 10.14% -13 -1.40% FY15 FY16 FY17 FY15 FY16 FY17 Total Order Book (Rs. Crores) 684.8 617.6 385.9 FY15 FY16 FY17 Standalone Results Consistently generating positive cashflow which ha
Slide 28: Standalone Profit & Loss Statement
3 Standalone Profit & Loss Statement Particulars (Rs. In Crs) Q1FY18 Q4FY17 Q-o-Q Q1FY17 FY17 Total Revenue 182.82 144.59 26.4% 185.26 642.37 Cost of Material Consumed 117.11 97.11 115.05 409.72 Employee Expenses 19.48 21.09 17.74 74.35 Other Expenses 24.34 14.51 21.87 71.71 EBITDA 21.91 11.89 84.2%
Slide 29: Standalone Balance Sheet
3 Standalone Balance Sheet Particulars (Rs. Crores.) Mar-17 Mar-16 Particulars (Rs. Crores.) Mar-17 Mar-16 Shareholder’s Fund 704.49 655.46 Non-current Assets 347.86 338.35 Share Capital 25.72 25.68 Fixed Assets 163.53 140.42 Reserves & Surplus 678.77 629.77 Long-term Loans and Advances 53.42 53.61
Slide 30: Consolidated Profit & Loss Statement
3 Consolidated Profit & Loss Statement Particulars (Rs. Crores.) FY17 FY16 Net Revenue 642.37 857.65 Raw Material 408.82 564.03 Employee Expenses 65.70 65.96 Other Expenses 81.26 104.11 EBITDA (Inc Other income) 86.59 123.56 EBITDA Margin (%) 13.48% 14.41% Depreciation 15.35 13.99 Other Income 30.33
Slide 31: Consolidated Balance Sheet
3 Consolidated Balance Sheet Particulars (Rs. Crores.) Mar-17 Mar-16 Particulars (Rs. Crores.) Mar-17 Mar-16 Shareholder’s Fund 669.54 614.15 Non-current Assets 348.13 338.36 Share Capital 22.96 22.93 Fixed Assets 163.53 140.42 Reserves & Surplus 646.57 591.22 Long-term Loans and Advances 53.42 53.6
Slide 32: 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. Rahul Agarwal / Mr. Shrikant Sangani Rahul.Agarwal@sgapl.net / shrikant.sangani@sgapl.net www.sgapl.net
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