Rec Limited · NSE:RECLTD

Rec — Rural Electrification — H1 FY15 Earnings Presentation

13 slides from Rec's earnings presentation, 2014

  1. Slide 1: Investor Presentation Performance Highlights – Q2 & H1 FY15

    Investor Presentation Performance Highlights – Q2 & H1 FY15 RURAL ELECTRIFICATION CORPORATION LIMITED A Navratna PSU Powering India.… Transforming Lives…. Moving Forward

  2. Slide 2: Highlights - (Q2 FY15 vs. Q2 FY14)

    Highlights - (Q2 FY15 vs. Q2 FY14) Total Assets increased by 20% from INR 1,42,058 Crore to INR 1,70,511 Crore Balance Sheet Outstanding Borrowings increased by 18% from INR 1,17,791 Crore to INR 1,39,056 Crore Net worth increased by 24% from INR 18,940 Crore to INR 23,540 Crore Total Income in Q2 i

  3. Slide 3: Sanctions - Composition

    Sanctions - Composition (Amount in INR Crore) Discipline- Q1 Q1 Q2 Q2 H1 H1 Q3 Q4 12M wise FY 15 FY 14 FY 15 FY 14 FY 15 FY 14 FY 14 FY14 FY 14 FY 13 FY 12 2,753 14,939 6,949 10,356 9,702 25,295 677 3,047 29,019 27,492 23,176 Generation 17% 63% 58% 57% 34% 60% 5% 21% 41% 35% 46% T&D 13,107 7,558 4,4

  4. Slide 4: Disbursements - Composition

    Disbursements - Composition (Amount in INR Crore) Q1 Q1 Q2 Q2 H1 H1 Q3 Q4 12M Discipline-wise FY 15 FY 14 FY 15 FY 14 FY 15 FY 14 FY 14 FY14 FY 14 FY 13 FY 12 Generation 3,790 2,922 3,864 3,855 7,654 6,777 2,432 3,780 12,989 12,497 12,349 45% 35% 39% 47% 42% 41% 27% 38% 37% 32% 44% 1,579 616 1,465 7

  5. Slide 5: Outstanding Loan - Composition

    Outstanding Loan - Composition (Amount in INR Crore) Discipline-wise Q1 Q1 Q2 & H1 Q2 & H1 Q3 & 9M Q4 & 12M FY 15 FY 14 FY 15 FY 14 FY 14 FY 14 FY 13 FY 12 Amount % Amount % Amount % Amount % Amount % Amount % Amount % Amount % State 124,600 80 107,470 81 127,542 79 110,607 80 113,347 79 117,843 79

  6. Slide 6: Loan Quality

    Loan Quality (Amount in INR Crore) Particulars Q1 Q1 Q2 & H1 Q2 & H1 Q 3 & 9M Q4 & 12M FY 15 FY 14 FY 15 FY 14 FY 14 FY 14 FY 13 FY 12 Loan outstanding 155,234 132,915 162,421 138,475 142,517 148,641 1,27,356 101,426 Gross NPA 1,335* 490 1,335* 490 490 490 490 490 Provision 243** 112 243** 112 137 1

  7. Slide 7: Funds Raised During The Period

    Funds Raised During The Period (Amount in INR Crore) Category Q1 Q1 Q2 Q2 H1 H1 Q3 Q4 12 M FY 15 FY 14 FY 15 FY 14 FY 15 FY 14 FY 14 FY14 FY 14 FY 13 FY 12 Capital Gains 1,095 1,110 1,226 1,209 2,321 2,319 1,124 1,907 5,350 4,903 5,239 Bonds 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00

  8. Slide 8: Borrowing Profile as at end of the Period

    Borrowing Profile as at end of the Period (Amount in INR Crore) Particulars Q1 Q1 H1 H1 9M 12M FY 15 FY 14 FY 15 FY 14 FY 14 FY 14 FY 13 FY 12 Amount % Amount % Amount % Amount % Amount % Amount % Amount % Amount % Capital Gains, Tax 27,549 21 21,378 19 27,638 20 26,271 22 26,423 21 27,517 22 21,211

  9. Slide 9: Statement of Assets & Liabilities

    Statement of Assets & Liabilities (Amount in INR Crore) Particulars Q1 Q1 Q2 & H1 Q2 & H1 Q3 & 9M Q4 & 12 M FY 15 FY 14 FY 15 FY 14 FY 14 FY 14 FY13 FY12 Liabilities Shareholders Funds 22,004 18,076 23,540 18,939 19,435 20,669 17,454 14,563 Borrowings 130,747 111,104 139,056 117,791 122,665 126,240

  10. Slide 10: Income Statement

    Income Statement (Amount in INR Crore) Particulars Q1 Q1 Q2 Q2 H1 H1 Q3 Q4 12M FY 15 FY 14 FY 15 FY 14 FY 15 FY 14 FY 14 FY14 FY14 FY13 FY12 Interest Income 4,648 3,914 4,986 4,167 9,634 8,081 4,329 4,396 16,806 13,291 10,264 Finance Costs 2,752 2,302 2,954 2,519 5,706 4,821 2,594 2,623 10,039 8,083

  11. Slide 11: Key Indicators

    Key Indicators Particulars Q1 Q1 Q2 Q2 H1 H1 Q3 Q4 12 M FY 15 FY 14 FY 15 FY 14 FY 15 FY 14 FY 14 FY14 FY14 FY13 FY12 Yield on Loan (%) 12.24 12.03 12.56 12.28 12.39 12.16 12.32 12.08 12.18 11.62 11.21 (Annualised) Cost of Funds (%) 8.57 8.41 8.76 8.81 8.60 8.55 8.63 8.43 8.58 8.17 8.03 (Annualised)

  12. Slide 12: Shareholding Pattern

    Shareholding Pattern As on => 30.09.14 30.06.14 31.03.14 31.12.13 30.09.13 30.06.13 31.03.13 31.03.12 Description % % % % % % % % President of India 65.64 65.64 65.64 66.80 66.80 66.80 66.80 66.80 Foreign Institutional 19.88 19.24 18.68 19.40 19.76 20.73 20.68 19.53 Investors Resident Individual/HUF

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Rural Electrification — H1 FY15 Earnings Presentation on 6ix