Power Grid Corporation Of India Limited · NSE:POWERGRID
Power Grid Corporation Of India — Q3 FY2022 Earnings Presentation
24 slides from Power Grid Corporation Of India's earnings presentation, Feb 10, 2022
Slide 1: Investor Presentation
Investor Presentation February 10, 2022 1 www.powergrid.in
Slide 2: Disclaimer
Disclaimer By attending the meeting where this presentation is made, or by reading the presentation slides, you agree to be bound by the following limitations: ▪ This document has been prepared for information purposes only and is not an offer or invitation or recommendation to buy or sell any secur
Slide 3: Agenda
Financial Performance – Q1FY21 POWERGRID Overview Performance Highlights Business Outlook Award 3
Slide 4: POWERGRID Overview
POWERGRID Overview India’s 3rd A Govt. of India Subsidiary Largest CPSE Joint Venture2 “Maharatna” shareholding in terms of 23 Nos 10 Nos CPSE 51.34% Gross Block1 Transmission Lines Sub-stations IR Capacity 1,72,190 ckm ~4,69,600 MVA 97,290 MW 1,344 nos. 264 nos. > 85% of India’s Capacity Credit Rat
Slide 5: Performance Highlights
Performance Highlights Project Execution Operational Performance Financial Performance Other Businesses Commercial Performance 5
Slide 6: Project Execution-Q3FY22
Project Execution-Q3FY22 Financial Performance – Q1FY21 Capex(accrual) Capitalization 18,513 7188 12,992 3,493 3690 7,633 1,939 5,642 5,238 1,756 1,588 4,439 4,699 3,854 984 1,118 Q1FY22 Q2FY22 Q3FY22 9MFY22 Q1FY22 Q2FY22 Q3FY22 9MFY22 Standalone Consolidated Standalone Consolidated (₹ in crore) Cap
Slide 7: Project Execution-Q3FY22
Project Execution-Q3FY22 Financial Performance – Q1FY21 Transmission Line MVA capacity • 1,468 ckm • 18,256 MVA Sub-Station IR Capacity • 02 Nos • 1500 MW
Slide 8: Project Execution-Q3FY22
Project Execution-Q3FY22 Financial Performance – Q1FY21 Completion of Raigarh – Pugalur-Trichur HVDC Scheme Project Cost : ~ ₹ 22,000 crore Power Transfer Capcity : 6000 MW Between Raigarh, Chattishgarh in WR and SR Implementation in phases • Scheme-1 (Raigarh - Pugalur 6000 MW HVDC System) • Cost :
Slide 9: Operational Performance-9MFY22
Operational Performance-9MFY22 99.80% 99.82% 0.30 0.28 99.75% * Availability Tripping per line 9MFY21 9MFY22 9MFY21 9MFY22 * Full incentive capped at 99.75% • Availability and Tripping per line are on standalone basis. 9
Slide 10: Financial Performance-Q3FY22
Financial Performance-Q3FY22 10,636 10,359 10,724 10,312 3,324 3,349 3,368 3,293 Income PAT Income PAT Q3FY21 Q3FY22 Q3FY21 Q3FY22 Standalone Consolidated (₹ in crore) 10
Slide 11: Financial Performance-9MFY22
Financial Performance-9MFY22 Standalone Consolidated Income Growth : 5 % Income Growth : 5 % PAT Growth : 52 % PAT Growth : 49 % 31,394 31,630 30,007 29,822 12,773 12,668 8,420 8,510 Income PAT Income PAT 9M FY21 9M FY22 9M FY21 9M FY22 (₹ in crore) 11
Slide 12: Financial Performance (Standalone Results)
Financial Performance – Q1FY21 Financial Performance (₹ in crore) Growth Growth Description Q3FY22 Q3FY21 9M FY22 9M FY21 (%) (%) Income - Transmission Charges 9669 9368 3% 28779 26872 7% - Consultancy – Services 170 122 39% 501 328 53% - Telecom 162 187 -13% 427 524 -19% - Other Income 635 635 0% 1
Slide 13: Financial Performance (Consolidated Results)
Financial Performance – Q1FY21 Financial Performance (₹ in crore) Growth Growth Description Q3FY22 Q3FY21 9M FY22 9M FY21 (%) (%) Income - Transmission Charges 10140 9852 3% 30067 28322 6% - Consultancy – Services 145 103 40% 436 283 54% - Telecom 162 187 -13% 427 524 -19% - Other Income 277 217 28%
Slide 14: Financial Performance
Financial Highlights –Q1FY21 (Standalone) Financial Performance (₹ in crore, unless stated otherwise) Description Standalone Consolidated As on 31.12.21 As on 31.12.20 As on 31.12.21 As on 31.12.20 Gross Fixed Assets (₹ crore) 2,47,512 2,27,341 2,60,247 2,32,562 Capital Work-in-Progress (₹ crore) 8,
Slide 15: Other Key Financial Information
Other Key Financial Information Description Q3FY22 Q3FY21 9MFY22 9MFY21 Surcharge Income (Consol.) 38 113 182 598 Incentive (Consol.) 147 116 393 362 Int. from Subsidiaries & JVs* 218 271 652 799 Dividend from JVs* 1 3 32 55 Dividend from Subsidiaries* 143 151 266 399 Dividend from Associates/Others
Slide 16: Telecom Performance
Telecom Performance • Incorporation of POWERGRID TELESERVICES LIMITED. 427 • 18 new customers added in Q3FY22. • 100 % Backbone Availability. • Investment Approval for establishment of Pilot Data Centre 168 162 at Manesar(Haryana). 97 • License applied for International Long Distance (ILD). Q1FY22 Q
Slide 17: Consultancy Performance
Consultancy Performance 436 Agreement with AFRICA-50 • JDA signed for construction of 400 kV & 220 kV TL (approx. 240 kms) with associated S/s works in Kenya 162 145 under PPP framework. 129 Moldova (East Europe) • Emerged most preferred bidder as “Project Management Q1FY22 Q2FY22 Q3FY22 9MFY22 cons
Slide 18: Commercial Performance
Commercial Performance (Apr’20-Sept’20) Commercial Performance (at the end of) Billing Outstanding dues (at end of Qtr) 62.46* (in ₹ crore) ₹ 27547 Crore 7,080 48.15* 50.08* Realization 4,953 5,017 ₹ 26113 Crore 3,747 2,248 2,257 %age realization 3,333 94.79% 2,705 2,760 Q1FY22 Q2FY22 Q3FY22 * Recei
Slide 19: Business Outlook
Business Outlook Ongoing Projects : ₹ 7,100 cr FY 22 Capex Plan Work in New Projects : ₹ 4,200 cr Hand* ₹ 7,500 crore ₹ 24,500 cr TBCB Projects : ₹ 13,200 cr * At end of Q3 FY22 Upcoming Opportunities under TBCB •₹ 12,900 cr ISTS Projects - Under Bidding ₹ 25,750# cr •₹ 10,800 cr ISTS Projects - Bid
Slide 20: Business Outlook
Business Outlook ₹ 29,000# cr projects recently allocated under RTM • 5 GW Leh -Kaithal transmission corridor • Transmission Network Expansion in Gujarat to increase ATC from ISTS: Part B Declared successful bidder in ISTS Projects under TBCB • Transmission System Strengthening Scheme for Evacuation
Slide 21: Business Outlook
Business Outlook Solar Power Generation •5 locations having potential of installed capacity of about 200MWp identified •Nagda (M.P.), Aurangabad (Maharashtra), Durgapur (W.B.), Bina (M.P.), Itarsi (M.P.) •Preliminary survey completed for installation of 105 MWp Solar PV plant at Nagda. Smart Meterin
Slide 22: AWARD
AWARD Financial Performance – Q1FY21 FORTUNE INDIA 500 • Ranked 44th among FORTUNE 500 India rankings for FY2021. • Ranked 44th for both FY 2021 & 2020. 22
Slide 23: Q&A
Financial Performance – Q1FY21 Q&A 23
Slide 24: Thank You
Thank You 24
Power Grid Corporation of India — Q3 FY2022 Earnings Presentation on 6ix