Gmr Power And Urban Infra Ltd · NSE:GMRP&UI

Gmr Power And Urban Infra — Q3 FY2025 Earnings Presentation

42 slides from Gmr Power And Urban Infra's earnings presentation, Jan 29, 2025

  1. Slide 1: Investor Presentation cover letter to stock exchanges

    January 29, 2025 BSE Limited, National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot no. C/1, G Block, Dalal Street, Bandra-Kurla Complex, Bandra (E) Mumbai 400001 Mumbai - 400051 Scrip: 543490 Symbol: GMRP&UI Dear Sir/Madam, Sub: Investor Presentation Ref: Disclosure

  2. Slide 2: GMR values

    Humility | Entrepreneurship | Teamwork & Respect for Individual | Deliver the Promise | Learning & Inner Excellence | Social Responsibility | Financial Prudence - Frugality 0

  3. Slide 3: Disclaimer

    DISCLAIMER All statements, graphics, data, tables, charts, logos, names, figures and all other statements relating to future results of operation, financial condition, business information (“Contents”) contained in this document (“Material”) is prepared by GMR prospects, plans and objectives, are ba

  4. Slide 4: Table of Contents

    Table of Contents Particulars Pg. No. Overview 3–4 Key Business Highlights 5–8 Financial Performance 9 – 12 - Energy Business 13 – 17 - Transportation and Urban Infrastructure Business 18 – 22 Strategy and Way Forward 23 – 26 ESG Practices 27 – 31 Annexures 33 – 40 Humility | Entrepreneurship | Team

  5. Slide 5: Snapshot of Existing Businesses

    Snapshot of Existing Businesses Energy Smart Metering Highways & EPC Urban Infra 2 Thermal Power Plants Advanced 2 Annuity Projects Special • Operational : 1,650 MW Metering • 133 kms Investment • Under-development : 350 MW Infrastructure Region (SIR) Project • ~617 acres in 1 Toll Project • 7.57 Mn

  6. Slide 6: Corporate Structure

    Corporate Structure GMR Power and Urban Infra Ltd. (GPUIL) 100% 82.16%3 100% 100% 100% Special Investment GMR Energy Other Energy Assets GMR Highways Ltd. Region Operational Projects Stake Operational Projects Stake Annuity Projects Stake Strategic Land Parcel Stake Warora Plant (Coal) 92.07% Rajahm

  7. Slide 7: Key Business Highlights

    Key Business Highlights  Financing Secured: • GMR Smart Electricity Distributions Private Limited (GSEDPL) through its three SPVs formed for the purpose of implementation of the Smart Metering business obtained2 approval / sanction from Indian Renewable Energy Development Agency Limited (‘IREDA’) S

  8. Slide 8: Key Business Highlights

    Key Business Highlights Energy 2.0 Strategy - Capturing New Growth Opportunities in Adjacent Business areas Rapidly Progressing on implementation of Smart Meter Project  Installation, technology integration and maintenance of ~7.57mn prepaid smart meters Project  Spanned across 22 districts of Utt

  9. Slide 9: Smart Meter

    Smart Meter GMR Network Operation cum Monitoring Center at Varanasi Discom Office Humility | Entrepreneurship | Teamwork & Respect for Individual | Deliver the Promise | Learning & Inner Excellence | Social Responsibility | Financial Prudence - Frugality 7

  10. Slide 10: Smart Meter

    Smart Meter CSR Initiatives by GMR Foundation – Mobile Medical Units in Place Agra Triveni Kashi Humility | Entrepreneurship | Teamwork & Respect for Individual | Deliver the Promise | Learning & Inner Excellence | Social Responsibility | Financial Prudence - Frugality 8

  11. Slide 11: Performance Highlights

    Performance Highlights Humility | Entrepreneurship | Teamwork & Respect for Individual | Deliver the Promise | Learning & Inner Excellence | Social Responsibility | Financial Prudence - Frugality

  12. Slide 12: GPUIL Performance Highlights – Q3FY25

    GPUIL Performance Highlights – Q3FY25 Consolidated Financials1  Total Income • ▲17% QoQ; ▲46% YoY to INR 17.6bn • YoY Growth mainly driven by consolidation of GMR Energy Ltd. (GEL) entities • QoQ increase driven by o Lower Q2FY25 PLFs at Thermal Plants due to maintenance / overhaul activities o Rec

  13. Slide 13: GPUIL Operational Performance Highlights

    GPUIL Operational Performance Highlights Energy - PLFs Q3FY2024 Q3FY2025 9MFY2024 9MFY2025 Warora 86% 86% 84% 82% Kamalanga 85% 82% 81% 84% Bajoli Holi 18% 17% 42% 59% Highways – Avg. Daily Traffic ('000) Q3FY2024 Q3FY2025 9MFY2024 9MFY2025 Ambala - Chandigarh 39.9 50.3 38.5 49.5 Total Income – Q3FY

  14. Slide 14: GPUIL Consolidated Debt

    GPUIL Consolidated Debt Gross & Net Debt Net Debt (Sector-wise)^ (in INR bn) ^ (in INR bn, %age of total) 11  Gross Debt decreased by INR 2.0bn QoQ mainly due to reduction in debt at Warora and Kamalanga as well as reduction in corporate debt  Net Debt decreased by INR 1.3bn QoQ Note : ^ As on 31

  15. Slide 15: Energy Business

    Energy Business Humility | Entrepreneurship | Teamwork & Respect for Individual | Deliver the Promise | Learning & Inner Excellence | Social Responsibility | Financial Prudence - Frugality

  16. Slide 16: Key Developments – Energy Business: Warora

    Key Developments – Energy Business Warora Power Project Q3FY25 9MFY25  Total Income – ▼8% YoY to INR 4.9bn  Total Income – INR 15.0bn; ▲8% YoY • PLF at 86% vs. 67% in Q2FY25 and 86% in Q3FY24 • PLF at 82% vs. 84% in 9MFY24 • YoY decline due to lower merchant sales in Q3FY25 translating to lower re

  17. Slide 17: Key Developments – Energy Business: Kamalanga

    Key Developments – Energy Business Kamalanga Power Project Q3FY25 9MFY25  Total Income ▼7% YoY to INR 7.0bn  Total Income – INR 22.4bn; ▲1% YoY • PLF at 82% vs. 78% in Q2FY25 and 85% in Q3FY24 • PLF at 84% vs. 81% in 9MFY24 • YoY decline also due to lower realised tariff in Q3FY25  EBITDA – INR 8

  18. Slide 18: Key Developments – Energy Business: Bajoli Holi

    Key Developments – Energy Business Bajoli Holi Hydro Power Project Q3FY25 9MFY25  Total Income ▼4% YoY to INR 465mn  Total Income – INR 4.0bn; ▲5% YoY • PLF at 17% vs. 81% in Q2FY25 and 18% in Q3FY24 • PLF at 59% vs. 42% in 9MFY24  EBITDA ▲27% YoY at INR 222mn  EBITDA – INR 3.3bn; ▲20% YoY • EBI

  19. Slide 19: Key Energy Assets - Operational & Financial Highlights YoY

    Key Energy Assets - Operational & Financial Highlights YoY (figures in INR mn) Warora Kamalanga Solar Bajoli Holi Particulars Q3FY2024 Q3FY2025 Q3FY2024 Q3FY2025 Q3FY2024 Q3FY2025 Q3FY2024 Q3FY2025 Total Income 5,318 4,871 7,512 6,974 130 60 486 465 EBITDA 1,690 1,239 2,762 2,698 110 40 174 222 Inte

  20. Slide 20: Transportation and Urban Infrastructure Business (T&UI)

    Transportation and Urban Infrastructure Business (T&UI) Humility | Entrepreneurship | Teamwork & Respect for Individual | Deliver the Promise | Learning & Inner Excellence | Social Responsibility | Financial Prudence - Frugality

  21. Slide 21: Key Developments – Highway Business

    Key Developments – Highway Business Ambala Chandigarh Project  Average Daily Traffic – Q3FY25: ▲26.2% YoY; 9MFY25: ▲28.6% YoY  Legal update on claim against reduction in traffic due to diversion on alternate routes • NHAI1 has filed SLP in Supreme Court challenging Delhi High Court Judgement. • De

  22. Slide 22: Highway Business Assets Performance

    Highway Business Assets Performance (figures in INR mn) Ambala - Chandigarh Pochanpalli Chennai ORR Particulars Q3FY2024 Q3FY2025 Q3FY2024 Q3FY2025 Q3FY2024 Q3FY2025 Total Income 219 356 283 220 189 185 EBITDA 123 251 157 139 114 100 3 Interest 81 63 149 121 181 167 PAT 106 1 1 0 (6) 447 (70) Avg. D

  23. Slide 23: Urban Infrastructure – Potential to Unlock Value

    Urban Infrastructure – Potential to Unlock Value Krishnagiri Special Investment Region: ~617 acres^  ~33 acres under discussion for sale to an agency of Tamil Nadu Govt.  Next phase of development being planned for ~55 acres  ~121 acres leased to Industrial Clients  Industrial cluster catering t

  24. Slide 24: EPC in Dedicated Freight Corridor Projects

    EPC in Dedicated Freight Corridor Projects DFCC’s Project Network Kanpur GMR’s stretch of work Mughalsarai GMR’s Scope and Highlights  GMR along with JV partner has been awarded contract to construct a part of the DFC Eastern Corridor of ~450 km Contract  Dedicated Freight Corridor is INR 820bn pr

  25. Slide 25: Strategy and Way Forward

    Strategy and Way Forward Humility | Entrepreneurship | Teamwork & Respect for Individual | Deliver the Promise | Learning & Inner Excellence | Social Responsibility | Financial Prudence - Frugality

  26. Slide 26: Establishing the Foundation for GPUIL 2.0

    Establishing the Foundation for GPUIL 2.0 GPUIL 2.0 GPUIL: Today Immediate Focus Future Focus Smart Metering Renewable Energy Conventional Energy Focus on C&I and Smart Mobility  Hybrid / FDRE supply Highways and EPC Conventional Energy Urban Infra + adjacent businesses like energy trading, efficie

  27. Slide 27: GPUIL 2.0

    GPUIL 2.0 Solutioning across the GENERATION DISTRIBUTION CONSUMPTION end-to-end value chain Conventional & RE Smart Distribution Smart Mobility Adjacencies Conventional • Smart metering • EV fleet and energy • Energy efficiency • Brownfield expansion – • Distribution models: replenishment solutions:

  28. Slide 28: Clearly Defined Strategies to Capitalize on the Attractive Industry Prospects

    Clearly Defined Strategies to Capitalize on the Attractive Industry Prospects  Improving operational efficiencies of existing energy assets  Focus on implementation of Smart metering business as well as participating Energy in the upcoming smart metering opportunities  In Renewable & EV Charging

  29. Slide 29: ESG Practices

    ESG Practices Humility | Entrepreneurship | Teamwork & Respect for Individual | Deliver the Promise | Learning & Inner Excellence | Social Responsibility | Financial Prudence - Frugality

  30. Slide 30: ESG - Remain focused on our Sustainability journey

    ESG - Remain focused on our Sustainability journey Environment  Warora & Kamalanga Plants Certified for • ISO 14001 - Environmental Management System  Robust Management • ISO 50001 – Energy Management System Systems • ISO 46001 - Water Efficiency Management System • ISO 14064 - GHG emissions accou

  31. Slide 31: ESG - Remain focused on our Sustainability journey

    16 ESG - Remain focused on our Sustainability journey Environment  Warora Plant  Key Awards • Received CII National Award for Excellence in Energy Management, for the 8th time (7th consecutive year), and National Energy Leader status for the 5th time • Achieved Gold rating in the CII Blue Rating S

  32. Slide 32: ESG - Remain focused on our Sustainability journey

    ESG - Remain focused on our Sustainability journey CSR Thrust Areas CSR  MoU signed with IIIT Hyderabad for developing AI enabled technology for detecting wrong side driving to reduce road accidents on GMR Highways Empowerment and Community Health Education livelihoods Development  Organized one v

  33. Slide 33: Thank You

    Thank You For further information, please visit Website: www.gmrpui.com or Contact: GPUIL-IR@gmrgroup.in Humility | Entrepreneurship | Teamwork & Respect for Individual | Deliver the Promise | Learning & Inner Excellence | Social Responsibility | Financial Prudence - Frugality

  34. Slide 34: Annexures

    Annexures Humility | Entrepreneurship | Teamwork & Respect for Individual | Deliver the Promise | Learning & Inner Excellence | Social Responsibility | Financial Prudence - Frugality

  35. Slide 35: Annexures

    Annexures Particulars No. Profitability Statement (Consolidated) A Financial Performance  Energy Sector (Consolidated) B  Warora (Standalone) C  Kamalanga (Standalone) D  Bajoli Holi (Standalone) E  Highways Sector (Consolidated) F  Smart Meter (Consolidated) G Note Some totals may not match d

  36. Slide 36: Annexure A : GPUIL (Consolidated)

    Annexure A : GPUIL (Consolidated) INR mn Particulars Q3FY2024 Q2FY2025 Q3FY2025 9MFY2024 9MFY2025 Revenue 11,028 13,841 16,115 28,545 46,075 Other Income 1,064 1,234 1,516 2,238 3,935 Total Income 12,092 15,075 17,631 30,783 50,010 Less: Revenue Share 529 0 0 0 566 Net Income 11,563 15,075 17,631 30

  37. Slide 37: Annexure B : Energy Business (Consolidated)

    Annexure B : Energy Business (Consolidated) INR mn Particulars Q3FY2024 Q2FY2025 Q3FY2025 9MFY2024 9MFY2025 Revenue 7,976 12,247 13,192 18,037 38,834 Other Income 715 955 1,266 1,070 3,085 Total Income 8,691 13,201 14,458 19,108 41,919 Operating Expenditure 6,132 8,852 10,157 16,100 28,351 EBITDA 2,

  38. Slide 38: Annexure C : Warora (Standalone) Power Plant

    Annexure C : Warora (Standalone) Power Plant INR mn Particulars Q3FY2024 Q2FY2025 Q3FY2025 9MFY2024 9MFY2025 Revenue 5,223 4,080 4,753 13,282 14,007 Other Income 95 107 118 666 993 Total Income 5,318 4,187 4,871 13,948 15,000 Fuel - Consumption 3,060 2,366 3,056 8,506 8,328 Other Expenses 568 641 57

  39. Slide 39: Annexure D : Kamalanga (Standalone) Power Plant

    Annexure D : Kamalanga (Standalone) Power Plant INR mn Particulars Q3FY2024 Q2FY2025 Q3FY2025 9MFY2024 9MFY2025 Revenue 7,115 6,717 6,303 20,745 20,491 Other Income 397 613 671 1,461 1,869 Total Income 7,512 7,330 6,974 22,206 22,360 Fuel - Consumption 3,630 3,229 3,220 10,720 10,469 Other Expenses

  40. Slide 40: Annexure E : Bajoli Holi (Standalone) Power Plant

    Annexure E : Bajoli Holi (Standalone) Power Plant INR mn Particulars Q3FY2024 Q2FY2025 Q3FY2025 9MFY2024 9MFY2025 Revenue 482 1,752 456 3,748 3,944 Other Income 3 5 9 25 18 Total Income 486 1,757 465 3,773 3,963 Other Expenses 311 180 243 996 643 EBITDA 174 1,577 222 2,778 3,320 EBITDA Margin 36% 90

  41. Slide 41: Annexure F : Highway Business (Consolidated)

    Annexure F : Highway Business (Consolidated) INR mn Particulars Q3FY2024 Q2FY2025 Q3FY2025 9MFY2024 9MFY2025 Revenue 1,785 595 621 5,224 3,265 Other Income 37 37 63 160 230 Total Income 1,822 632 683 5,383 3,494 Less: Revenue Share 529 0 0 1,568 566 Net Income 1,293 632 683 3,816 2,929 Operating Exp

  42. Slide 42: Annexure G : Smart Meter (Consolidated)

    Annexure G : Smart Meter (Consolidated) INR mn Particulars Q3FY2025 9MFY2025 Revenue 1,710 1,710 Other Income 8 12 Total Income 1,719 1,722 Operating Expenditure 1,568 1,586 EBITDA 151 136 EBITDA Margin 9% 8% Interest and Finance Charges 39 62 Depreciation 9 16 Exceptional Income / (Expense) 0 0 PBT

GMR Power and Urban Infra — Q3 FY2025 Earnings Presentation on 6ix