Ujaas Energy Limited · NSE:UEL
Ujaas Energy — Q4 FY2015 Earnings Presentation
15 slides from Ujaas Energy's earnings presentation, September 2015
Slide 1: Ujaas Energy Ltd. Q4FY15 / FY15 Earnings Presentation
Ujaas Energy Ltd. Q4FY15 / FY15 Earnings Presentation
Slide 2: Executive Summary
Executive Summary • Ujaas Energy Ltd (UEL) founded Mr. Shyam Sunder Mundra and is run today along with his two sons, Company Overview Mr. Vikalp Mundra and Mr. Anurag Mundra. • Manufacturing transformers for more than 30 years, the company diversified into the generation of Solar energy and a Solar
Slide 3: Company Overview
Company Overview 3
Slide 4: Summary
Summary • Founded by Mr. Shyam Sunder Mundra in 1976, as a sole proprietorship firm under the name of M And B Switchgears Limited. Effective from 19th August 2013, M And B Switchgears Limited was re-named as Ujaas Energy Ltd. • Started with the manufacturing of panel meter for energy controlling & t
Slide 5: Performance Highlights
Performance Highlights Q4 - FY15 Financial Performance: Full Year FY15 Financial Performance: • Total Income* reported at INR 503 Mn; • Total Income* reported at INR 1,133Mn; • EBITDA of INR 163 Mn; EBITDA Margin at 32.41%, • EBITDA of INR 445 Mn; EBITDA Margin at 39.28%, • Net Profit of INR 78 Mn;
Slide 6: Regulatory Highlights
Regulatory Highlights Regulatory Updates • In a recent judgement by the Appellate Tribunal for Electricity, the Tribunal has given various directions to State/Joint Commissions: • State Commissions shall decide the RPO targets before commencement of Multi-Year Tariff period. Further, distribution li
Slide 7: Regulatory Highlights
Regulatory Highlights Regulatory Updates • In a landmark judgement by the Supreme Court, the Supreme Court upheld the Rajasthan Electricity Regulatory Commission’s decision forcing the appellants to procure stipulated amounts of renewable energy or pay surcharge on non-fulfilment of the obligation.
Slide 8: Quarterly Financial Performance
Quarterly Financial Performance Particulars (INR. Mn) Q4FY15 Q4FY14 Y-o-Y Total Income * 503 2,418 (79.2)% Operating Expenses 340 1,885 (82.0)% EBITDA 163 533 (69.4)% EBITDA M(%) 32.41% 22.04% 1,037 bps Finance Cost 51 41 24.4% Depreciation 20 23 (13.0)% Profit Before Tax 92 469 (80.4)% Current Tax
Slide 9: Quarterly Performance - Segmental
Quarterly Performance - Segmental UJAAS Solar Power Plant Operation Transformers 160 2,500 2,264 139 140 25 Net Revenue (INR mn) 2,000 20 120 20 1,500 100 80 69 15 12 1,000 60 52 47 49 9 9 10 410 40 4 500 195 230 5 13 20 - - - 120 114 450 406 104 400 1 1 100 1 350 1 300 80 1 EBIT (INR mn) 61 250 60
Slide 10: FY15 Standalone Financial Performance
FY15 Standalone Financial Performance Particulars (INR. Mn) FY15 FY14 Y-o-Y Total Income * 1,133 5,332 (78.8)% Operating Expenses 688 4,341 (84.2)% EBITDA 445 991 (55.1)% EBITDA M(%) 39.28% 18.58% 2,070 bps Finance Cost 180 91 97.8% Depreciation 81 47 72.3% Profit Before Tax 184 853 (78.4)% Current
Slide 11: FY15 Performance - Segmental
FY15 Performance - Segmental UJAAS Solar Power Plant Operation Transformers 250 232 350 6,000 217 295 Net Revenue (INR mn) 4,806 300 5,000 200 250 217 4,000 150 200 3,000 2,084 100 150 2,000 848 46 100 1,000 50 45 50 0 0 0 FY13 FY14 FY15 FY13 FY14 FY15 FY13 FY14 FY15 756 300 18 17 800 256 16 700 250
Slide 12: Historical Standalone Income Statement
Historical Standalone Income Statement Particulars (INR. Mn) FY11 FY12 FY13 FY14 FY15 Total Income * 339 370 2,480 5,332 1,133 Operating Expenses 305 336 1,972 4,341 688 EBITDA 34 34 508 991 445 EBITDA Margin (%) 10.03% 9.19% 20.48% 18.58% 39.28% Finance Cost 19 10 50 91 180 Depreciation 3 4 19 47 8
Slide 13: Standalone Balance Sheet
Standalone Balance Sheet Particulars (INR Mn) FY13 FY14 FY15 Particulars (INR Mn) FY13 FY14 FY15 A EQUITIES & LIABILITIES B ASSETS Part- Part -1 Non-Current Assets Shareholder Funds 1 Fixed Assets (a) Share Capital – Equity 200 200 200 (a) Tangible Assets 400 1,904 1,828 (b) Reserves & Surplus 1,101
Slide 14: Financial Performance
Financial Performance Income (INR Mn) EBITDA (INR Mn) PAT (INR Mn) 1,200 400 374 6,000 5,332 991 1,000 350 5,000 300 270 4,000 800 250 3,000 2,480 600 508 200 445 2,000 400 150 117 1,133 1,000 100 200 50 0 0 FY13 FY14 FY15 0 FY13 FY14 FY15 FY13 FY14 FY15 ROE & RoCE (%) Net Debt Equity (x) Book Value
Slide 15: Disclaimer
Disclaimer Ujaas Energy Ltd. Disclaimer: No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all