Cesc Ltd · NSE:CESC
Cesc — Investor Presentation (March 2018)
34 slides from Cesc's investor presentation, March 2018
Slide 1: CESC Limited
CESC Limited Powering India since 1899 March 2018 1
Slide 2: Disclaimer
This presentation has been prepared by and is the sole responsibility of CESC Limited (the “Company”). By accessing this presentation, you are agreeing to be bound by the trailing restrictions. This presentation does not constitute or form part of any offer or invitation or inducement to sell or iss
Slide 3: RP-Sanjiv Goenka Group
RP- Sanjiv Goenka Group RP-Sanjiv Goenka Group is a well known diversified business house in India RP-Sanjiv Goenka Group has interests across diverse business sectors - Power & Natural Resources, Carbon Black, IT & Education, Retail, Media & Entertainment and Infrastructure Major Companies Busi
Slide 4: RP-Sanjiv Goenka Group: Growing Legacies
St Rp-sanjiv Goenka <r Group Growing Legacies GROWI a LEGACIES I OUR CULTURE. of CESC cesc “J suRYA firstsource vy" QUEST ines eammnnoaed wean t OTE www.rp-sg.in Fe of Eo You we open media network « WOODLANDS HOSPITAL
Slide 5: Financial Performance FY'17-18
Financial Performance FY`17-18 Revenue EBITDA PAT (Rs. Crs) (Rs. Crs) (Rs. Crs) CESC Ltd (Consolidated) 16441 3777 1004 CESC Ltd (Standalone) 7939 2226 871 Firstsource Solutions Ltd 3541 464 327 Halida Energy Ltd 2261 1094 313 Dhariwal Infrastructure Ltd 896 229 (199) Spencer’s Retail Ltd 2091 17 (3
Slide 6: Overview of CESC
Overview of CESC Private sector power utility company in India Power Map Distributing power to city of Kolkata & adjoining areas Engaged in Coal mining, Generation and Distribution of electricity Almost entire energy requirement met from own / subsidiary’s generation, meeting peak demand of
Slide 7: CESC Existing Businesses
CESC Existing Businesses Kolkata Distribution Independent Power Project Renewables Business 600 MW thermal power Coal Mining, Power project in Chandrapur, 24 MW Wind power plant, Rajasthan Generation & Distribution Maharashtra 26 MW Wind power plant, Gujarat -1125 MW generation (Project cost Rs. 38
Slide 8: Awards & Recognitions
Awards & Recognitions Dun & Bradstreet Infra Awards 2017 – Best Distribution Company Budge Budge TPP Awarded as the 8th CII national HR excellence awards Gold Winner at the 2017 – Significant Global Environment achievement in HR Award 2016 Recent Recognitions CBIP Award CII-Exim Bank 2018 Award for
Slide 9: Improving Consumer Experience with superior customer service
Web Services Mobile Apps Improving Consumer Experience with superior customer service SMS Services 24x7 Call Centre Branding Communication – Web chat etc Enriching Consumer Experience Social Media 9
Slide 10: Leadership in Technology and Innovation
Leadership in Technology and Innovation Integrated SS at New Cossipore Compact 33 kV Distribution Station Underground 132 kV SS at with 220, 132 & 33 kV GIS `Quest Mall’ Transforming the way Utilities relate to their customers AMI with approx. 25,000 Smart 1.5 MW Demand Response project with Meters
Slide 11: CESC Standalone Financials
CESC Standalone Financials Sales (MU) Revenue (Rs. bn) 79.39 9739 69.24 73.66 9370 62.74 9201 54.1 56.09 8937 47.82 8591 42.47 8577 8135 8270 FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 Financial nos. from FY’16 compiled under IND AS T&D Loss (%) PLF%(Budge Budge)
Slide 12: CESC Standalone Financials
CESC Standalone Financials PBT (Rs. Bn) Long Term Debt / Equity Ratio 11.01 11.11 10.46 0.70 0.65 8.83 0.6 0.60 0.60 0.60 8.25 7.73 6.93 0.5 0.50 6.14 FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 Financial nos. from FY’16 compiled under IND AS FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 EPS (Rs.) Dividend Hi
Slide 13: 600 MW Haldia Thermal Power Project, West Bengal
600 MW Haldia Thermal Power Project, West Bengal To meet the growing need of CESC consumers - new 600 MW (2x300) TPP commissioned in Haldia, near Kolkata in 2015 Fully regulated project approved by WBERC, entire 600 MW power being supplied to CESC, PPA approved by WBERC Project include 80 kms
Slide 14: 600 MW Chandrapur Thermal Power Project, Maharashtra
600 MW Chandrapur Thermal Power Project, Maharashtra Constructed in Chandrapur, near Nagpur with 2x300 MW configuration, commissioned in 2014 Project cost of Rs. 38 bn funded at 75:25 debt equity ratio Fuel Supply Agreement signed with Coal India Ltd BTG supplied by Shanghai Electric, BoP un
Slide 15: Distribution Franchisee-Kota, Bharatpur and Bikaner
Distribution Franchisee-Kota, Bharatpur and Bikaner Particulars Kota Bharatpur Bikaner Area (Sq. Km.) 176 50 155 Population (Nos. Lakh) 11.76 2.52 6.44 Consumer Count (Nos. Lakh) 2.28 0.63 1.79 Energy Input (Million Units) 1223 265 644 Units Sold (Million Units) 888 213 508 Dom. = 48% Dom. = 42% Dom
Slide 16: Renewables
Renewables Dangri, Mahidad, Rajasthan Nipaniya, Rojmal, Neeravi, Gujarat- Total -Wind M.P.-Wind Gujarat T.N.- Solar Wind Installed Capacity 24 26 36 70 18 174 Wind Farm Site: (MW) Rojmal Gujarat. COD Mar’13 Dec’14 Mar’16 Mar’17 Jan’16 One of the best portfolios in terms of tariff and returns One
Slide 17: Real Estate – Quest
Real Estate – “Quest” Built on 3 acres of land in Kolkata, this is the 1st Luxury Mall of East India. Presently the mall is witnessing strong footfalls of 1 mn+ per month 4,15,000 sq.ft retail area, 900+ car parking Houses volume retailers like Spencer’s, Starmark, Lifestyle as well as inter
Slide 18: Retail Business
+h RETAIL BUSINESS Limiteo 18
Slide 19: Spencer's Retail
Spencer`s Retail Rs.2100+ Cr. food-first, Multi-Format Retailer. 128 stores spread over 30+ cities and about 1.2 mn.sft driving more than 4 Cr.+ Footfalls. Private label program across Food, Fashion, Home and General Merchandising. Planning to roll out around 40 Hypermarket stores over next
Slide 20: Sales Mix
Sales Mix HWP 10% Staples 19% FMCG incl Liquor 48% E&E 5% Apparel 4% HWP Staples E&E F&M and Bakery Apparel Liquor F&V F&V 8% 6% FMCG Food has highest share ~ 81% 20
Slide 21: Significant growth in shopper visits to hypermarkets
Significant growth IN SHOPPER visits to hypermarkets Channel Where shopped in past 4 weeks? Channel spend most in? repertoire in % past 4 weeks 2017 2016 Change 2017 2016 (+/-) Hypermarket 75 31% 15% +16 10% 4% Supermarket 51% 45% +6 27% 25% 63% Modern Trade 50% +13 37% 30% (Any Hypermarket/Supermar
Slide 22: Store Footprints
Store Footprints 58 Large stores & 70 smaller stores focused in 4 regions Hyper defined as clear focus area 10-12 new stores to be opened annually • All stores currently on track for possession and opening in next year New stores to be opened in the existing 4 regions • No new regions to be tapped S
Slide 23: Operating Performance
Operating Performance Sales/ sqft (Rs./month) Gross Margin/ sqft (Rs./month) 308 1576 298 1528 1452 281 1349 1305 254 1226 249 233 1060 199 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY12 FY13 FY14 FY15 FY16 FY17 FY18 Store Opex/ sqft (Rs./month) Store EBIDTA/ sqft (Rs./month) 101 214 86 84 207 192 196 190
Slide 24: Guiltfree Industries Ltd
Guiltfree Industries Ltd Forayed into FMCG business with packaged food business ’ under brand ‘Too Yumm!!’ in April 2017 Launched 5 Products : Foxnuts, Wheat Thins, Veggie Stix, Multi Grain Chips and Quinoa Puff National Brand: Distributed across 1.25 lac outlets in GT and Present across all M
Slide 25: Firstsource Solutions Ltd.
Firstsource Solutions Ltd. 25
Slide 26: Firstsource Solutions Ltd - Pure play BPO services
Firstsource Solutions Ltd- Pure play BPO services We work across… To help our clients… Improve Drive customer Healthcare Telecoms & Media transformation experience BFSI & Other Industries Maximise Optimise costs Banking, Insurance, revenues Retail, Travel, Utilities Mortgages 26
Slide 27: Our global footprint
Our global footprint 4 countries 39 centres 19,000+ people Right-shore: B2B2C Business Model UK USA 8 centres 18 centres • Belfast Philippines • Amherst, NY • Kingston, NY • Cardiff (2) Miami, FL Louisville, KY (3) India • • • Derby 2 centres • Durham, NC • Rockford, IL • Derry • Gahanna, Ohio • For
Slide 28: Solutions that solve business challenges
Solutions that solve business challenges Robotic Integrated Analytics NPS Revenue Process Customer & Insights Predictor Maximiser Automation Contact Management Use'speech analytics = Mor zs and in-depth insights Increase efficiency, Optimise operations, Glean deeper to identify Increase revenues imp
Slide 29: Financial Performance-FY 2018
Financial Performance-FY 2018 Operating EBIT 4,500 3,790 3,930 13% 4,000 12% EBIT Margin 3,500 11% 3.7% Y-o-Y Rs. Mn 3,000 10.7% 10% 2,500 11.1% 9% 2,000 8% 1,500 7% FY2017 FY2018 PAT 4000 3,265 2,800 14% PAT Margin 3000 12% 16.6% Y-o-Y Rs. Mn 2000 10% 8% 1000 9.2% 6% 7.9% 0 4% FY2017 FY2018 29
Slide 30: CESC Corporate Restructuring
CESC Corporate Restructuring 30
Slide 31: Transaction Overview
CESC Corporate Restructuring - Transaction Overview The Board of Directors of CESC has approved a business restructuring scheme in their meeting held on 18th May 2017 and the Company also submitted the scheme with the Stock Exchanges on 21st July 2017 The business restructuring Scheme aims to si
Slide 32: Transaction Highlights and Benefits
Transaction Highlights Transaction Benefits Demerger of multiple businesses of CESC will create Demerger of multiple businesses 4 entities each focused on individual businesses to create entities focussed on individual businesses CESC CESC Genco Creates one of India`s largest and Creates a pure play
Slide 33: Post Restructuring Holding
Post Restructuring Holding Promoter Group Public 49.92% 50.08% Listed Listed Listed Listed CESC CESC Genco Spencer's Retail CESC Ventures Haldia+ BBGS, Southern and Titagarh etc. Listed 49.55% + 54.89% Firstsource Noida Power Online Company 100% Dhariwal Infra Ltd Solutions 100% Rajasthan 100% Distr
Slide 34: Thank You
RP-Sai Group Thank You Limiteo