Genus Power Infrastructures Limited · NSE:GENUSPOWER
Genus Power Infrastructures — Investor Presentation (August 2022)
44 slides from Genus Power Infrastructures's investor presentation, Aug 4, 2022
Slide 1: Exchange filing cover letter: Investor Presentation
August 04, 2022 National Stock Exchange of India Ltd. BSE Limited Exchange Plaza, Plot no. C/1, G Block, P.J. Towers, Bandra-Kurla Complex, Bandra (E), Dalal Street, Fort, Mumbai - 400 051. Mumbai – 400001 (NSE Symbol: GENUSPOWER) (BSE Code: 530343) Dear Sir/Madam, Sub: Investor Presentation Pursuan
Slide 2: Genus Power Infrastructures Limited Corporate Presentation August 2022
Genus Power Infrastructures Limited August 2022 Corporate Presentation 1
Slide 3: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the “Presentation”), by Genus Power Infrastructures Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and s
Slide 4: Q1 FY23: Performance Highlights
Q1 FY23: Performance Highlights Key Highlights Revenue (Rs. Crores) EBITDA (Rs. Crores) Reduced capacity utilization as a +43% +183% result of a lack in supply of semiconductors and other 187.0 14.3 essential electronic components 130.4 continued to have an adverse impact on revenue growth 5.1 Seque
Slide 5: Business Restructuring
Business Restructuring STEP 1: Genus Prime Infra Limited Post Amalgamation subsidiary companies Amalgamation of will cease to exist subsidiary companies with Genus Prime Amalgamated Genus Prime Infra Limited Sansar Infrastructure Pvt. Ltd, Star Vanijya Pvt. Ltd and Sunima Trading Pvt. ✓ No considera
Slide 6: Strengthening of Board of Directors
Strengthening of Board of Directors Mr. Subhash Chandra Garg (Independent Director) ▪ He was an IAS officer from the 1983 batch in Rajasthan cadre. He has served as Economic Affairs Secretary (July 2017-July 2019) and Finance Secretary of India in the Ministry of Finance and as Secretary, Ministry o
Slide 7: Performance Highlights For Last Few Quarters
Performance Highlights For Last Few Quarters 301.5 292.1 268.6 275.4 268.0 248.3 238.6 223.4 190.7 195.9 181.0 187.0 177.8 165.1 168.8 130.4 84.0 Q1 FY19 Q2FY19 Q3FY19 Q4FY19 Q1FY20 Q2 FY20 Q3 FY20 Q4 FY20 Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Revenue (Rs. Crores) 6 Standalo
Slide 8: Strong Order Book
Strong Order Book We upgrade our technology and product Order Book (Rs. Crores) offering at regular interval backed by continuous R&D +28% 1,855 1,498 Strong Demand for various types of Meter 1,276 across State Electricity Boards & Private 1,080 943 931 Players 685 386 Mar-16 Mar-17 Mar-18 Mar-19 Ma
Slide 9: Management Commentary
Management Commentary “With the implementation of the Revamped Distribution Sector Scheme (RDSS), we anticipate that the entire landscape of the Indian metering industry will undergo a radical transformation, resulting in a projected multi-fold increase in annual industry size. This will also result
Slide 10: Standalone Profit & Loss Statement
3 Standalone Profit & Loss Statement Particulars (Rs. Crores) Q1FY23 Q1FY22 YoY FY22 Total Revenue 187.0 130.4 43.5% 685.1 Cost of Material Consumed 124.0 79.8 435.1 Employee Expenses 29.2 25.9 106.6 Other Expenses 19.6 19.6 83.8 EBITDA 14.3 5.1 182.8% 59.6 EBITDA (%) 7.7% 3.9% 8.7% Other Income -1.
Slide 11: Standalone Balance Sheet
3 Standalone Balance Sheet ASSETS (Rs. Crores) Mar-22 Mar-21 EQUITY AND LIABILITIES(Rs. Crores) Mar-22 Mar-21 Non-current assets Equity Property, plant and equipment 138.6 146.0 Equity share capital 25.8 25.7 2.0 0.1 Other equity 929.4 908.8 Capital work-in-progress Total equity 955.2 934.5 Right of
Slide 12: Business Overview
Genus energizing lives Business Overview
Slide 13: Power Sector Leadership
Power Sector Leadership Largest player in India’s electricity meter industry Incorporated in 1992, Part of $400 mn Kailash Group ~27% market share in Meter Industry Over 2 decades of experience in electricity metering solutions ~70% market share in Smart Meters industry Share of Metering Projects in
Slide 14: Journey So Far
Journey So Far ▪ Production of ▪ Deployed Smart ▪ India's First Narrowband ▪ AMR / Pre- Metering Solution at - IOT setup for AMI with Electronic Energy payment Meter/ Shapur (Junagarh) Vodafone Idea Meters DT Meter launched ▪ Established Single PGVCL – India’s First ▪ Among the Top 10 ▪ Ventured int
Slide 15: Journey So Far
Journey So Far Meter Installed Till 2003 Till 2006 Till 2010 Till 2014 Till 2018 Till 2022* 2,500,000 5,000,000 10,000,000 30,000,000 50,000,000 70,000,000 14 *As on 31st March 2022
Slide 16: Experienced Management Team
Experienced Management Team Mr. Ishwar Chand Agarwal Executive Chairman Mr. Kailash Chandra Mr. Rajendra Kumar Agarwal Mr. Jitendra Kumar Agarwal Agarwal Joint Managing Director Vice-Chairman, Non-Executive, Managing Director and CEO Non-Independent Dr. Keith Mario Torpy Mr. Subhash Chandra Garg Non
Slide 17: Pillars of Competitive Edge
Pillars of Competitive Edge Infrastructure R&D Certifications Workforce CAD, YOUR TEXT Dies and MoldHERE designs, In-house PUT TEXTR&D HERE Centre, CMMI YOURlevel TEXT 3 Company HERE Armed with long-term, PUT TEXT HERE Molding, Automated SMT recognised by Ministry of Accredited with - ISI, KEMA, hig
Slide 18: Business Verticals
Business Verticals SMART METERING SOLUTIONS Offers a wide spectrum of Smart Metering Solutions, that includes High End Multifunction Single Phase and Three Phase Meters, CT Operated Meters & HES (Head End System), ABT & Grid Meters, Distribution Transformer (DT Meters), Pre-payment Meters, Group Met
Slide 19: End to End Energy Management Solutions
End to End Energy Management Solutions Meters from Generation to Consumption 18
Slide 20: Diversified Product – Market Mix
Diversified Product – Market Mix RESIDENTIAL & COMMERCIAL INDUSTRIAL PREPAYMENT SOLUTION Meters with communication LT / HT CT Meter with Integrated Single Phase Prepayment Meter capability Communication Three Phase Prepayment Meter Single / Three Phase Smart Meters with Automatic Power Meters Factor
Slide 21: Diversified Product – Market Mix
Diversified Product – Market Mix DISTRIBUTION TRANSFORMER OPEN ACCESS / GRID CALIBRATION EQUIPMENT Thread Through Metering Grid & Sub-Station Meter (ABT Single Phase Portable Reference Solution for Distribution Complaint) Meter Transformer Three Phase Portable Reference Smart DT Meter with Meter Int
Slide 22: Engineering Construction & Contracts
Engineering Construction & Contracts ECC Division Leveraging on Strength Complements the Metering Business Provides total engineering and More than 20 years of experience in Increased implementation of Smart construction solution from “Concept to Indian Power distribution sector metering solution Co
Slide 23: Balanced Client Mix
Balanced Client Mix SEB’s registered under UDAY schemes are the major revenue contributors 22
Slide 24: Manufacturing Assets at Glance
Manufacturing Assets at Glance R&D Centre and Corporate Office, Sitapura, Jaipur Ramchandrapura, Jaipur Haridwar, Uttaranchal Haridwar, Uttaranchal Guwahati, Assam Total Installed capacity of over 10 million meters per annum 23
Slide 25: Quality Assurance
Quality Assurance Quality is the hallmark of Genus products and services Comprehensive testing is carried out at various stages of product manufacturing starting from incoming raw material/components to in-process stages and to the final finished and packed product In-House NABL Accredited Electroni
Slide 26: Quality Certifications
Quality Certifications CMMI Level 3 STS certification Bureau Veritas National Accreditation Board for QSI Certification Company Testing and Calibration Laboratories KEMA Certification R&D Lab recognized by MSD, GOI Silver Certificate by Frost & Sullivan IEC Certifications ZigBee Certification STQC C
Slide 27: Infrastructure & Testing Capabilities
Infrastructure & Testing Capabilities Integrated Manufacturing Facilities 01 In-house Technology product since inception 02 Clean room PCB Assemblies Truly “Made in India” Automated SMT Lines 03 04 Reflow and wave soldering • Quality Assurance Lean Production Line 05 • Innovation & R&D • In-House NA
Slide 28: Recently Won Awards
Recently Won Awards In June 2022, Genus Power won the prestigious “The Genus Power also won the “Asia Business Outlook Top 10 Economic Times Energy Leadership Award” for Manufacturing Companies in India 2022” as a testament contributions to the energy sector as an equipment to the competence and exc
Slide 29: Other Key Awards Received
Other Key Awards Received 2004: 2011: 2013: Rated among top 100 Electronic Outstanding performance award by The prestigious EFY Reader’s choice top 5 companies in India by EFY NDPL towards AT&C loss reduction brands 2015: 2015: Accorded Excellence in Quality by “Silver Certificate of Merit” by Frost
Slide 30: Business Outlook
Genus energizing lives Business Outlook
Slide 31: AT&C Losses in India are Three Times the Deficit
AT&C Losses in India are Three Times the Deficit ▪ AT&C Loss = (Energy input – Energy billed) * 100 / Energy input ▪ At present, India loses around 30% of its power generated due to transmission, distribution, billing generation and collection inefficiencies ▪ Theft is the one of the main causes of
Slide 32: Reforms-Based, Result-Linked Power Distribution Sector Scheme
Reforms-Based, Result-Linked Power Distribution Sector Scheme Government has approved Rs. 3.03 trillion power distribution company (DISCOM) reform scheme. About half of the total funds of the scheme i.e. about Rs. 1.5 trillion 01 are to be deployed for installation of smart meters Scheme aims to bri
Slide 33: Stringent Qualification Criteria & State-specific Interventions
Stringent Qualification Criteria & State-specific Interventions Tripartite Agreements Different from Qualification Criteria State-wise Evaluation Fund Disbursement Earlier Schemes DISCOMs would need Implementation of the approvals from their state To qualify for the scheme, Evaluation framework for
Slide 34: IntelliSmart Infrastructure Private (IntelliSmart)
IntelliSmart Infrastructure Private (IntelliSmart) 1 EESL, along with the National Investment and So, these smart meters become an 4 Infrastructure Fund (NIIF), has formed a JV − instrument of pay as you save. Under this IntelliSmart Infrastructure Private (IntelliSmart) model the DISCOMs are not in
Slide 35: Metering Opportunity
Metering Opportunity METERING OPPORTUNITY India has 250 million legacy meters There are plans to install up to 130 million smart meters As per the, notification by power ministry, dated 8th by 2021 September 2016 : Mandatory rollout of Smart Meters, for consumers GOVERNMENT INVESTMENT with monthly c
Slide 36: Smart Meter is the Future
Smart Meter is the Future Latching Switch Smart meters will have a kill switch which will close off the utility supply. What are Smart Meters ? The kill switch will be operated via Internet. This will give power to utility providers to start and stop the supply at the click of a button Smart meters
Slide 37: Geared to Ride the Growth Wave
Geared to Ride the Growth Wave Market leaders in metering business National and International Extensive Management Recognition and certifications Experience Integrated manufacturing facility/ largest installation base Strong Pre - qualification Credentials In-house R&D Centre Long Lasting Relationsh
Slide 38: Financial Performance
Genus energizing lives Financial Performance
Slide 39: Financial Highlights
Financial Highlights Revenue (Rs. Crore) EBITDA (Rs. Crore) 1,056 1,060 173 835 128 685 609 93 102 60 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 PAT (Rs. Crore) Cash PAT (Rs. Crore) 94 116 72 92 69 74 52 51 47 26 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 Standalone Results As per IND-
Slide 40: Standalone Profit & Loss Statement
3 Standalone Profit & Loss Statement Particulars (Rs. Crores) FY22 FY21 YoY Total Revenue 685.1 608.6 12.6% Cost of Material Consumed 435.1 350.2 Employee Expenses 106.6 87.8 Other Expenses 83.8 68.6 EBITDA 59.6 101.9 -41.5% EBITDA (%) 8.7% 16.7% Other Income 26.8 26.7 Depreciation 20.5 21.8 EBIT 66
Slide 41: Standalone Balance Sheet
3 Standalone Balance Sheet ASSETS (Rs. Crores) Mar-22 Mar-21 EQUITY AND LIABILITIES(Rs. Crores) Mar-22 Mar-21 Non-current assets Equity Property, plant and equipment 138.6 146.0 Equity share capital 25.8 25.7 2.0 0.1 Other equity 929.4 908.8 Capital work-in-progress Total equity 955.2 934.5 Right of
Slide 42: Consolidated Profit & Loss Statement
3 Consolidated Profit & Loss Statement Particulars (Rs. Crores) FY22 FY21 Y-o-Y Total Revenue 685.1 608.6 12.6% Cost of Material Consumed 435.1 350.2 Employee Expenses 106.6 87.8 Other Expenses 83.8 68.6 EBITDA 59.6 101.9 -41.5% EBITDA (%) 8.7% 16.7% Other Income 59.4 45.3 Depreciation 20.5 21.8 EBI
Slide 43: Consolidated Balance Sheet
3 Consolidated Balance Sheet ASSETS (Rs. Crores) Mar-22 Mar-21 EQUITY AND LIABILITIES(Rs. Crores) Mar-22 Mar-21 Non-current assets Equity Property, plant and equipment 138.6 146.0 Equity share capital 23.0 22.98 2.0 0.1 Other equity 933.8 881.57 Capital work-in-progress Total equity 956.8 904.6 Righ
Slide 44: Genus Power Infrastructures Limited contact details
Genus Power Infrastructures Limited CIN: L51909UP1992PLC051997 Mr. Ankit Jhanjhari ankit.jhanjhari@genus.in www.genuspower.com Strategic Growth Advisors Pvt. Limited CIN: U74140MH2010PTC204285 Mr. Shogun Jain / Mr. Parin Narichania shogun.jain@sgapl.net / parin.n@sgapl.net www.sgapl.net 43
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