Gmr Power And Urban Infra Ltd · NSE:GMRP&UI
Gmr Power And Urban Infra — FY2022 Earnings Presentation
34 slides from Gmr Power And Urban Infra's earnings presentation, May 20, 2022
Slide 1: GMR Power and Urban Infra Limited
GMR Power and Urban Infra Limited Registered Office: Naman Centre, 7th Floor Opp. Dena Bank, Plot No C-31 G Block, Bandra Kurla Comple x Bandra(East), Mumbai Maharashtra, lndia-400051 CIN : U45400MH2019PLC325541 T +91 22 4202 8000 F +91 22 4202 8004 E gpuil.cs@gmrgroup.in May 20, 2022 BSE Limited, N
Slide 2: Investor Presentation FY2022 and Q4FY2022
= aka Wn PAL Se ; ~y GIVI Power and Urban inira Leta; (GPUIL) els PL ivestomPrésentation FY 20228 QdPY 2022 . Vey Ses ~
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
Slide 4: Table of Contents
Table of Contents Particulars Pg. No. GPUIL Financial Performance 3–6 Energy Business 7 – 10 Transportation and Urban Infrastructure Business 11 – 16 Strategy and Way Forward 17 –21 ESG Practices 22 – 23 Annexures 25 – 32 2
Slide 5: Performance Highlights
Performance Highlights Humility | Entrepreneurship | Teamwork agi Relationships | Deliver the fe | Learning And Inner Excellence | Social Respofsibility | Reset for individuel
Slide 6: GPUIL Performance Highlights – FY22
GPUIL Performance Highlights – FY22 Consolidated Financials1 • Gross Revenues: ▲50% YoY to INR 41.0 bn in FY22 ▲26% QoQ; ▲54% YoY to INR 12.1 bn in Q4FY22 • EBITDA ▲50% YoY to INR 5.0 bn in FY22 ▼49% QoQ; ▲42% YoY to INR 819 mn in Q4FY22 • Net profit after tax2 Loss of INR 6.5 bn in FY22 v
Slide 7: GPUIL Performance Highlights – FY22
GPUIL Performance Highlights – FY22 FY22 operational performance Q4 FY22 operational performance o Warora: 66% vs 75% YoY Energy – o Warora: 87% vs 88% YoY Energy – PLF PLF o Kamalanga: 79% vs 75% YoY o Kamalanga: 82% vs 77% YoY o Hyderabad - Vijaywada: ▲2% Highways o Hyderabad - Vijaywada: ▲17% Hig
Slide 8: GPUIL Consolidated Debt
GPUIL Consolidated Debt Net Debt (Sector-wise) ^ Gross & Net Debt (INR bn) ^ (in INR bn, %age of total) Others, 4 , 5% 83 6 77 Corporate, 36 , Highways, 22 , 47% 29% Energy, 14 Gross Debt Cash & equivalents Net Debt , 19% Note : FCCB not considered in debt, ^ As on Mar 31, 2022 6
Slide 9: Energy Business
Energy Business Humility | Entrepreneurship | Teamwork afi Relationships e fe | Learning And Inner Excellence | Social Respofsibility | Reset for individuel
Slide 10: Key Developments in Q4FY22 – Energy Business
Key Developments in Q4FY22 – Energy Business Warora Power Project • Revenue ▲9% QoQ; ▲3% YoY − PLF at 87% vs. 76% in Q3FY22 and 88% in Q4FY21 • EBITDA ▲20% QoQ; ▲25% YoY • Cash profit of INR 393 mn vs. INR 426 mn in Q3FY22 and INR 103 mn in Q4FY21 Kamalanga Power Project • Revenue ▼2% QoQ;▲16% YoY −
Slide 11: GMR Energy Ltd (GEL) - Operational & Financial Highlights YoY
GMR Energy Ltd (GEL) - Operational & Financial Highlights YoY (figures in INR mn) GEL Consolidated Warora Kamalanga Solar Particulars Proforma Q4FY2021 Q4FY2022 Q4FY2021 Q4FY2022 Q4FY2021 Q4FY2022 Q4FY2021 Q4FY2022 Revenue 9,920 11,720 4,028 4,168 5,580 6,488 140 140 EBITDA 3,200 3,687 1,037 1,297 2
Slide 12: Coal Assets - PT GEMS Performance YoY
Coal Assets - PT GEMS Performance YoY (figures in INR mn) Golden Energy Mines Particulars Q4FY2021 Q4FY2022 FY2021 FY2022 Sales Vol. (mn tons) 9.4 6.6 34.0 29.5 Revenues 20,473 39,354 78,620 117,173 EBITDA 3,471 15,113 11,294 36,179 PAT 2,255 11,450 7,100 26,156 • Production ▼27% YoY to 7 mn tons in
Slide 13: Transportation and Urban Infrastructure Business (T&UI)
Transportation and Urban Infrastructure Business (T&UI)
Slide 14: Highway Business - Key Developments
Highway Business - Key Developments Hyderabad Vijayawada Project • Traffic ▲2% YoY to 11.2 Mn PCUs in Q4FY22. On a QoQ basis, traffic remained flat in Q4FY22 − On February 28, 2022, Sole Arbitrator has released his report on the claim quantification under Change-in-Law and awarded gross claim of INR
Slide 15: Highway Business - Key Developments
Highway Business - Key Developments Chennai ORR Project • GCORR received an award of INR 3.4 bn plus interest against Government of Tamil Nadu (GOTN) which was challenged by GOTN in Madras High Court − Single Bench, Madras High Court upheld Tribunal Award and dismissed the challenge of GOTN − Furthe
Slide 16: Highway Business Assets Performance YoY
Highway Business Assets Performance YoY (figures in INR mn) Hyderabad-Vijaywada Ambala - Chandigarh GPEL Chennai ORR Particulars Q4FY2021 Q4FY2022 Q4FY2021 Q4FY2022 Q4FY2021 Q4FY2022 Q4FY2021 Q4FY2022 Revenue 564 579 0 159 158 125 228 199 EBITDA 474 473 (53) 80 81 (13) 202 136 Interest 681 676 188 1
Slide 17: Urban Infrastructure – Potential to Unlock Value
Urban Infrastructure – Potential to Unlock Value Krishnagiri Special Investment Region: ~1,450 Acres • ~ 259 acres under discussion for sale to an agency of Tamil Nadu Govt. • Next phase of development being planned for ~270 acres under Joint Venture with TIDCO2 • Industrial cluster catering to elec
Slide 18: EPC in Dedicated Freight Corridor Projects
EPC in Dedicated Freight Corridor Projects DFCC’s Project Network GMR’s Scope and Highlights • GMR along with JV partner has been awarded contract to construct a part of the Kanpur DFC Eastern Corridor: Contract Length GMR’s Scope Value (INR (KMs) Bn) GMR’s stretch of work Mughalsarai to New Mughals
Slide 19: Strategy and Way Forward
Strategy and Way Forward Humility | Entrepreneurship | Teamwork agi Relationships | Deliver the fe | Learning And Inner Excellence | Social Respofsibility | Reset for individuel
Slide 20: India's Energy Sector is Undergoing a Paradigm Shift
India’s Energy Sector is Undergoing a Paradigm Shift A Renewables: Sharp growth expected in upstream B EV Infrastructure: Exponential growth in charging stations as renewable generation EV penetration grows 100%+ CAGR 175 GW 500 GW Target for 2022 Target for 2030 2.5-3k 80-100k # charging stations (
Slide 21: We Aim to be a Top Tier Cognitive Intuitive Clean Energy Company
We Aim to be a Top Tier Cognitive Intuitive Clean Energy Company 3 pillars of our strategy going forward Nurture & develop Enhance value of our new opportunities in existing businesses the green ecosystem • Aim for higher • Continue focus on utilization of asset & hydro & explore efficiency addition
Slide 22: Clearly Defined Strategies to Capitalize on the Attractive Industry Prospects
Clearly Defined Strategies to Capitalize on the Attractive Industry Prospects Expedite the receipt of arbitration claims Highways Monetize the existing assets in phase wise manner Conclude the current monetization efforts: ~240 acres under sale to an Indian Multinational ~ 259 acres under
Slide 23: To Operationalise the Strategy We Envision to Follow Overarching Principles
To Operationalise the Strategy We Envision to Follow 5 Overarching Principles Principles ` High focus on ` Build on our group’s innovative, asset- strengths and light, platform-based leverage and technology- Deploy efficient Invest in emerging infrastructure assets capital structure and Enter strate
Slide 24: ESG Practices
ESG Practices Humility | Entrepreneurship | Teamwork afi Relationships e fe | Learning And Inner Excellence | Social Respofsibility | Reset for individuel
Slide 25: ESG - GPUIL
ESG - GPUIL Environment Profits • GKEL, GWEL and Bajoli Holi are ISO 14001 certified Environmental CSR thrust areas Management System (EMS) • GKEL and GWEL have ISO 50001 in place • GKEL quantifies Carbon sequestration from plantation initiatives while GWEL is in process of doing so • Biodiversity m
Slide 26: Thank You
Thank You For further information, please visit Website: www.gmrgroup.in or Contact: investor.relations@gmrgroup.in
Slide 27: Annexures
Annexures Humility | Entrepreneurship | Teamwork afi ela
Slide 28: Annexures
Annexures Particulars No. Profitability Statement (Consolidated) A Financial Performance • Energy Sector (Consolidated) B • Warora (Standalone) C • Kamalanga (Standalone) D • PT GEMS (Indonesian Coal Mine) E • Highways Sector (Consolidated) F 26
Slide 29: Annexure A : GPUIL (Consolidated)
Annexure A : GPUIL (Consolidated) INR mn Q4FY2021 Q3FY2022 Q4FY2022 FY2021 FY2022 Gross Revenue 7,879 9,641 12,110 27,332 41,018 Less: Revenue Share 386 410 412 1,241 1,516 Net Revenue 7,493 9,231 11,698 26,091 39,502 Total Expenditure 6,919 7,620 10,879 22,782 34,547 EBITDA 575 1,611 819 3,309 4,95
Slide 30: Annexure B : Energy Business (Consolidated)
Annexure B : Energy Business (Consolidated) INR mn Q4FY2021 Q3FY2022 Q4FY2022 FY2021 FY2022 Gross Revenue 1,969 5,223 6,698 10,234 21,751 Operating Expenditure 2,160 5,075 6,988 10,517 21,721 EBITDA (191) 148 (290) (284) 30 EBITDA margin -10% 3% -4% -3% 0% Other Income 400 210 131 1,230 693 Interest
Slide 31: Annexure C : Warora (Standalone) Power Plant
Annexure C : Warora (Standalone) Power Plant INR mn Particulars Q4FY2021 Q3FY2022 Q4FY2022 FY2021 FY2022 Total Revenue 4,028 3,825 4,168 14,773 12,994 Fuel - Consumption 2,308 2,323 2,348 8,443 7,733 Other Expenses 682 417 523 2,127 2,026 EBITDA 1,037 1,084 1,297 4,203 3,235 EBITDA margin 26% 28% 31
Slide 32: Annexure D : Kamalanga (Standalone) Power Plant
Annexure D : Kamalanga (Standalone) Power Plant INR mn Particulars Q4FY2021 Q3FY2022 Q4FY2022 FY2021 FY2022 Total Revenue 5,580 6,627 6,488 21,890 24,648 Fuel - Consumption 2,469 3,139 2,950 10,732 11,959 Other Expenses 945 1,143 1,144 3,583 4,364 EBITDA 2,166 2,346 2,394 7,575 8,326 EBITDA margin 3
Slide 33: Annexure E : PT GEMS (Indonesian Coal Mine)
Annexure E : PT GEMS (Indonesian Coal Mine) INR mn Particulars Q4FY2021 Q3FY2022 Q4FY2022 FY2021 FY2022 Production (mn tons) 9.5 5.5 7.0 33.5 29.1 Sales Volumes (mn tons) 9.4 5.7 6.6 34.0 29.5 Gross Revenue 20,473 23,956 39,354 78,620 117,173 Total Expenditure 17,001 18,000 24,240 67,326 80,993 EBIT
Slide 34: Annexure F : Highway Business (Consolidated)
Annexure F : Highway Business (Consolidated) INR mn Q4FY2021 Q3FY2022 Q4FY2022 FY2021 FY2022 Gross Revenue 1,336 1,348 1,474 4,969 5,319 Less: Revenue Share 386 410 412 1,241 1,516 Net Revenue 950 938 1,062 3,728 3,803 Operating Expenses 234 192 282 1,490 995 EBITDA 716 746 780 2,238 2,809 EBITDA ma
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