Jsw Energy Limited · NSE:JSWENERGY
Jsw Energy — Q1 FY2017 Earnings Presentation
19 slides from Jsw Energy's earnings presentation, Jul 21, 2016
Slide 1: JSW Energy Limited Q1 FY 2017 Results Presentation
JSW Energy Limited Q1 FY 2017 Results Presentation July 21, 2016
Slide 2: Agenda
Agenda Business Environment Operational and Bina Acquisition Financial Performance 2
Slide 3: Capacity profile and PLF's
Capacity profile and PLF’s Sector-wise Installed Capacity – 303 GW Mode-wise Installed Capacity (as on Jun 30, 2016) (as on Jun 30, 2016) +4,028 MW* +65 MW* RES +965 MW* Central 14% State 25% +65 MW* 34% Hydro 14% Private Nuclear Thermal 41% 2% 70% +4,993 MW* Most of the capacity additions in Q1 F
Slide 4: Demand-supply scenario
Demand-supply scenario Power Demand Supply Position Q1 FY17 (BU) Peak Demand and Peak Met Q1 FY17 (GW) 120 11.0% 10.0% 140 295 293 153 100 150 9.0% 120 8.0% 7.0% 80 100 6.0% 3.1% 5.0% 92 90 90 90 80 60 4.0% 0.3% 0.9% 3.0% 76 76 60 1.9% 0.7% 53 51 1.0% 40 1.0% 2.0% 45 45 2.0% 0.4% 41 40 40 -1.0% 38 3
Slide 5: Indian economy and thermal coal prices
Indian economy and thermal coal prices Industrial Production growth turned positive in May- Thermal coal prices inched up, while INR 2016. Almost all the sectors showed improvement. depreciated slightly during Q1 FY17 API 4 Coal (monthly avg.) Inflation has been inching up in the last few months
Slide 6: Agenda
Agenda Business Environment Operational and Bina Acquisition Financial Performance 6
Slide 7: Operational performance
Operational performance Q1 FY17 plant-wise net generation Q1 power sales break-up 26% 43% -4% 2,397 -8% 37% 1,987 1,702 1,990 1,574 1,501 1,434 4,019 1,405 44% 1,292 63% 2,490 56% Ratnagiri Vijayanagar Barmer Hydro^ Q1FY16 Q1FY17 Long term Short term Q1 FY16 Q1 FY17 PLF (%) Q1 FY16 Q1 FY17 Q1 FY16 Q
Slide 8: Consolidated financial results
Consolidated financial results ` Crore Particulars Q1 FY16 Q1 FY17^ Change Turnover 2,167 2,492 15% EBITDA 887 1,159 31% EBITDA Margin(%) 41% 47% 6% Interest 262 429 64% Depreciation 178 240 35% Profit Before Tax 447 490 10% Profit after Tax 309 367 19% Total Comprehensive Income 283 496 76% Diluted
Slide 9: Consolidated financial highlights
Consolidated financial highlights Particulars Mar 31, 2016 Jun 30, 2016 Net Worth (` Crore) 9,779 10,232 Net Debt (` Crore) 14,476 13,836 Net Debt to Equity Ratio (x) 1.48 1.35 Weighted average cost of debt 10.32% 10.32% *Including CWIP and Capital Advances Previous period figures have been restated
Slide 10: Entity wise summary financial performance
Entity wise summary financial performance ` Crore Income from Operations Q1 FY16 Q1 FY17 Standalone 1,275 1,299 RWPL 622 598 HBPCL^ - 445 JSW PTC 909 820 JPTL 48 26 Consolidated 2,095 2,450 ^ Hydro assets are part of JSW Energy w.e.f. 1st September, 2015 Previous period figures have been restated as
Slide 11: Entity wise summary financial performance (contd.)
Entity wise summary financial performance (contd.) ` Crore EBITDA Q1 FY16 Q1 FY17 Standalone 488 559 RWPL 353 275 HBPCL^ - 394 JSW PTC 1 2 JPTL 64 29 SACMH (6) (8) Consolidated 887 1,159 ^ I Hydro assets are part of JSW Energy w.e.f. 1st September, 2015 Previous period figures have been restated as
Slide 12: Entity wise summary financial performance (contd.)
Entity wise summary financial performance (contd.) ` Crore Profit After Tax Q1 FY16 Q1 FY17 Standalone 197 225 RWPL 109 57 HBPCL^ - 77 JSW PTC 0 0 JPTL 38 11 SACMH (7) (10) Consolidated 309 367 ^ Hydro assets are part of JSW Energy w.e.f. 1st September, 2015 Previous period figures have been restate
Slide 13: Agenda
Agenda Business Environment Operational and Bina Acquisition Financial Performance 13
Slide 14: Acquisition of 500 MW Bina Power plant - Rationale
Acquisition of 500 MW Bina Power plant - Rationale Enhanced scale of operations – Capacity increase from 5,531 MW to 6,031 MW (including proposed acquisition of 1,000MW Tamnar power plant from Jindal Steel & Power Ltd.) Operational power plant with good infrastructural connectivity and proven tr
Slide 15: Bina Power plant – Project location
Bina Power plant – Project location Location : Bina, Dist. Sagar in MP (15 km north of the Bina Town) Accessibility : Road : NH-26 (50 Km) & NH-3 (70 Km) Rail : Semarkhedi (4 Km from plant site & 14 Km from Bina Junction) Bina Air : Bhopal (160 Kms) Port : Dahej (862 Kms) 15
Slide 16: Bina SPV (Bina Power Supply Company): Snapshot
Bina SPV (Bina Power Supply Company) : Snapshot Capacity - 500 MW (2 x 250 MW) Plant Possible to enhance capacity by 1,600 MW Unit # 1 : 31st August 2012 CODs Unit # 2 : 7th April 2013 Clearances All major consents and clearances are in place Water Sufficient water is available – barrage
Slide 17: Proposed Scheme of Acquisition
Proposed Scheme of Acquisition Minority Shareholder(s) JPVL 99% 1% Bina SPV JSWEL/Subsidiaries 500 MW (2 X 250 MW) coal based Thermal power plant at Bina, Sagar (MP) At Closing, JSWEL and/or its subsidiaries would acquire 100% of the Securities of Bina SPV into which the assets would be transferre
Slide 18: Forward looking and cautionary statement
Forward looking and cautionary statement This presentation has been prepared by JSW Energy Limited (the “Company”) based upon information available in the public domain solely for information purposes without regard to any specific objectives, financial situations or informational needs of any parti
Slide 19: Thank you
Thank you 19