Power Grid Corporation Of India Limited · NSE:POWERGRID
Power Grid Corporation Of India — Q2 FY2022 Earnings Presentation
21 slides from Power Grid Corporation Of India's earnings presentation, November 2021
Slide 1: Investor Presentation
Investor Presentation November 2021 www.powergrid.in 1
Slide 2: Disclaimer
Disclaimer By attending the meeting where this presentation is made, or by reading the presentation slides, you agree to be bound by the following limitations: This document has been prepared for information purposes only and is not an offer or invitation or recommendation to buy or sell any secur
Slide 3: Agenda
Financial Performance – Q1FY21 POWERGRID Overview Performance Highlights Work in Hand Business Outlook Other Key Highlights 3
Slide 4: POWERGRID Overview
POWERGRID Overview Transmission A “Maharatna” CPSE Sub-stations Lines 4,54,350 MVA 1,70,724 ckm 262 nos. Govt. of India shareholding of 1,330 nos. 51.34% IR Capacity India’s 3rd Largest CPSE in terms 95,790 MW of Gross Block1 > 85% of India’s Capacity As on 30.09.21 Subsidiary : 22 Nos Credit Rating
Slide 5: Performance Highlights
Performance Highlights Project Execution Operational Performance Financial Performance Other Businesses Commercial Performance 5
Slide 6: Project Execution-Q2FY22
Project Execution-Q2FY22 Financial Performance – Q1FY21 13,275 9,138 3,695 7,633 5,642 1,939 2,102 4,439 4,699 1,756 984 1,118 Q1FY22 Q2FY22 H1FY22 Q1FY22 Q2FY22 H1FY22 Standalone Consolidated Standalone Consolidated Capex(accrual) Capitalization (₹ in crore) Capitalization figures. exclusive of FER
Slide 7: Project Execution-Major Assets Commissioned
Project Execution-Major Assets Commissioned Transmission Line (2100 ckm) POWERGRID Varanasi Transmission System Limited – (Project completed). • 765kV D/C Varanasi-Vindhyachal TL POWERGRID Fatehgarh Transmission Limited – (Project completed). • 765 kV D/C Fatehgarh-II - Bhadhla-II TL. POWERGRI
Slide 8: Project Execution-Major Assets Commissioned
Project Execution- Financial Performance Major Assets Commissioned – Q1FY21 Transformation capacity addition (14000 MVA) POWERGRID Medinipur - Jeerat Transmission Limited. • 3000 MVA - 765/400/33kV ICT-I & II at Jeerat. 3500 MVA - Raigarh-Pugalur Bipole - II Pole 3. 3000 MVA each at Fatehgarh
Slide 9: Operational Performance-H1FY22
Operational Performance-H1FY22 99.83% 99.82% 0.22 0.21 99.75% * Availability Tripping per line H1FY21 H1FY22 H1FY21 H1FY22 * Full incentive capped at 99.75% • Availability and Tripping per line are on standalone basis. 9
Slide 10: Financial Performance-H1FY22
Financial Performance-H1FY22 Standalone Consolidated Income Growth : 6 % Income Growth : 6 % PAT Growth : 85 % PAT Growth : 82 % 20,757 20,906 19,648 19,510 9,424 9,375 5,096 5,143 Income PAT Income PAT H1FY21 H1FY22 H1FY21 H1FY22 (₹ in crore) 10
Slide 11: Financial Performance (Standalone)
Financial Performance – Q1FY21 Financial Performance Growth Growth Description Q2FY22 Q2FY21 H1FY22 H1FY21 (%) (%) Income - Transmission Charges 9,582 8,780 9% 19,110 17,503 9% - Consultancy – Services 179 108 66% 331 206 61% - Telecom 168 170 -1% 265 338 -22% - Other Income 543 832 -35% 1,052 1,464
Slide 12: Financial Performance (Consolidated)
Financial Performance – Q1FY21 Financial Performance Growth Growth Description Q2FY22 Q2FY21 H1FY22 H1FY21 (%) (%) Income - Transmission Charges 9,937 9,266 7% 19,928 18,470 8% - Consultancy – Services 163 93 75% 292 180 62% - Telecom 168 170 -1% 265 338 -22% - Other Income 247 302 -18% 422 661 -36%
Slide 13: Financial Performance
Financial Highlights –Q1FY21 (Standalone) Financial Performance (₹ in crore, unless stated otherwise) Description Standalone Consolidated As on 30.09.21 As on 30.09.20 As on 30.09.21 As on 30.09.20 Gross Fixed Assets (₹ crore) 2,43,647 2,26,707 2,54,997 2,31,931 Capital Work-in-Progress (₹ crore) 11
Slide 14: Other Key Financial Information
Other Key Financial Information Description Q2FY22 Q2FY21 Surcharge Income (Consol.) 89 220 Incentive (Consol.) 136 120 Int. from Subsidiaries & JVs* 204 268 Dividend from JVs* 24 31 Dividend from Subsidiaries* 63 248# Dividend from Associates/Others* 55^ 6 CSR Expenses* 23 28 Trade Receivable (Cons
Slide 15: Telecom and Consultancy Performance
Telecom and Consultancy Performance Telecom Consultancy Income : ₹ 168 crore in Q2FY22 Income : ₹ 163 crore in Q2FY22 International • 99.99 % Network Availability • 02 new assignment in Q2FY22 • 16 Ongoing assignments • 22 new customers added in Q2FY22 • 09 EOIs submitted Domestic • 06 new orders in
Slide 16: Commercial Performance
Commercial Performance (Apr’20-Sept’20) Commercial Performance (at the end of) Outstanding dues 8,243 7,080 2,098 6,477 1,975 4,953 3,747 2,248 6,145 4,502 3,333 2,705 Q1FY21 Q1FY22 Q2FY21 Q2FY22 O/s > 45 days O/s < 45 days (₹ in crore) Major Dues: J&K, Tamil Nadu, Uttar Pradesh, Madhya Pradesh, Mah
Slide 17: Work in Hand
Work in Hand FY 22 Capex Plan - ₹ 7,500 crore Ongoing Projects : ₹ 10,300 cr Work in Hand ₹ 27,500 cr New Projects : ₹ 3,400 cr TBCB Projects : ₹ 13,800 cr 17
Slide 18: Business Outlook
Business Outlook ₹ 26,500* crore projects under TBCB. Exploring Potential opportunities • Smart Metering- 25 cr meters, ~ ₹ 1.5 L cr (incl. GBS : ₹ 22,500 cr). • Discussion with the States underway – Gujarat, Haryana, MP, AP, HP, Tripura & J&K(UT). • Pre-paid Smart meters for all consumers along
Slide 19: Business Outlook
Business Outlook Looking for opportunities as Battery Energy Storage System(BESS) Developer. International Business Telecom • Formation of separate Telecom subsidiary. • International Long Distance (ILD) Bandwidth Business; • Data Centre Business. 19
Slide 20: Other Key Performance Highlights
Other KeyPerformance Financial Highlights – Q1FY21 • S&P Global Platts Top 250 Energy Company Rankings® 2021 • POWERGRID continues to be ‘Fastest Growing Electric Utility in Asia Pacific’ for the eighth successive year since 2014. • POWERGRID is positioned as the 9th Fastest Growing Electric Utility
Slide 21: Thank You
Thank You 21
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