Rec Limited · NSE:RECLTD

Rec — Rural Electrification — Q3 FY2014 Earnings Presentation

13 slides from Rec's earnings presentation, February 2014

  1. Slide 1: Management Presentation: Performance Highlights – Q3 & 9M FY14

    Management Presentation Performance Highlights – Q3 & 9M FY14 RURAL ELECTRIFICATION CORPORATION LIMITED A Navratna PSU Powering India.… Transforming Lives…. Moving Forward

  2. Slide 2: Highlights - (Q3 FY14 vs. Q3 FY13)

    Highlights - (Q3 FY14 vs. Q3 FY13) Total Assets increased by 20% from INR 1,22,837 crores to INR 1,47,546 crores. Balance Sheet Outstanding Borrowings increased by 21% from INR 1,01,749 crores to INR 1,22,665 crores. Net worth increased by 17% from INR 16,548 crores to INR 19,435 crores. Total Incom

  3. Slide 3: Sanctions - Composition

    Sanctions - Composition (Amount in INR Crores) Q1 Q2 Q3 9M Q4 12M Discipline-wise FY 14 FY 13 FY 14 FY 13 FY14 FY 13 FY14 FY 13 FY 13 FY 13 FY 12 FY 11 14,939 9,130 10,356 4,631 677 5,342 25,972 19,103 8,389 27,492 23,176 40,375 Generation 63% 42% 57% 17% 5% 42% 46% 31% 46% 35% 46% 61% 7,558 10,569

  4. Slide 4: Disbursements - Composition

    Disbursements - Composition (Amount in INR Crores) Q1 Q2 Q3 9M Q4 12M Discipline-wise FY 14 FY 13 FY 14 FY 13 FY 14 FY 13 FY14 FY 13 FY13 FY 13 FY 12 FY 11 2,922 2,364 3,855 3,375 2,432 2,544 9,209 8,284 4,238 12,497 12,349 11,754 Generation 35% 34% 47% 44% 27% 25% 36% 33% 29% 32% 44% 48% 4,306 2,59

  5. Slide 5: Outstanding Loan - Composition

    Outstanding Loan - Composition (Amount in INR Crores) Q1 Q2 & H1 Q3 & 9M 12M FY 14 FY 13 FY 14 FY 13 FY 14 FY 13 FY 13 FY 12 FY 11 Discipline Amount % Amount % Amount % Amount % Amount % Amount % Amount % Amount % Amount % State 1,10,069 83 89,627 84 1,13,421 82 92,990 83 1,16,161 81 98,086 83 1,04,

  6. Slide 6: Loan Quality

    Loan Quality (Amount in INR Crores) Q1 Q2 & H1 Q 3 & 9M 12M Particulars FY 14 FY 13 FY14 FY13 FY 14 FY 13 FY 13 FY 12 FY 11 Loan outstanding * 1,32,915 1,06,696 1,38,475 1,11,965 1,42,517 1,18,690 1,27,356 1,01,426 81,725 Gross NPA 490 490 490 490 490 490 490 490 20 Provision 112 64 112 64 137 ** 89

  7. Slide 7: Funds Raised During The Period

    Funds Raised During The Period (Amount in INR Crores) Q1 Q2 Q3 9M Q4 12 M Category FY 14 FY 13 FY 14 FY 13 FY 14 FY 13 FY 14 FY 13 FY 13 FY 13 FY 12 FY 11 1,110 982 1,209 1,068 1,124 1,026 3,443 3,077 1,827 4,903 5,239 5,045 Capital Gains Bonds 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6

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

    Borrowing Profile as at end of the Period (Amount in INR Crores) Q1 Q2 &H1 Q3 & 9M 12 M 12 M 12 M FY 14 FY 13 FY 14 FY 13 FY 14 FY 13 FY 13 FY 12 FY 11 Particulars Amount % Amount % Amount % Amount % Amount % Amount % Amount % Amount % Amount % Capital Gains, Tax Free & 21,378 19 17,183 19 26,271 22

  9. Slide 9: Statement of Assets & Liabilities

    Statement of Assets & Liabilities (Amount in INR Crores) Q1 Q2 & H1 Q3 & 9M 12M 12M 12M Particulars FY13 FY13 FY 14 FY13 FY14 FY13 FY13 FY12 FY11 Liabilities Shareholders Funds 18,076 15,144 18,939 16,311 19,435 16,548 17,454 14,563 12,788 Borrowings 1,11,104 89,581 1,17,791 95,092 1,22,665 1,01,749

  10. Slide 10: Income Statement

    Income Statement (Amount in INR Crores) Q1 Q2 Q3 9M Q4 12M 12M 12M Particulars FY14 FY13 FY14 FY13 FY 14 FY13 FY 14 FY 13 FY13 FY13 FY12 FY11 Interest Income 3,914 2,997 4,167 3,240 4,329 3,501 12,410 9,739 3,553 13,291 10,264 8,109 Interest Finance and 2,302 1,868 2,519 1,974 2,594 2,093 7,415 5,93

  11. Slide 11: Key Indicators

    Key Indicators Q1 Q2 Q3 9M Q4 12 M Particulars FY14 FY13 FY14 FY13 FY14 FY13 FY14 FY13 FY13 FY13 FY12 FY11 Yield on Loan (%) 12.03 11.52 12.28 11.86 12.32 12.14 12.26 11.80 11.55 11.62 11.21 10.98 (Annualised) Cost of Funds (%) 8.41 8.32 8.81 8.55 8.63 8.51 8.58 8.25 8.20 8.17 8.03 7.70 (Annualised)

  12. Slide 12: Shareholding Pattern

    Shareholding Pattern As on 31.12.13 30.09.13 30.06.13 31.03.13 31.12.12 30.09.12 30.06.12 31.03.12 31.12.11 Description % % % % % % % % % President of India 66.80 66.80 66.80 66.80 66.80 66.80 66.80 66.80 66.80 Foreign Institutional 19.40 19.76 20.73 20.68 21.24 20.66 20.06 19.53 17.93 Investors Res

  13. Slide 13: Thank You

    THANK YOU 13

Rural Electrification — Q3 FY2014 Earnings Presentation on 6ix