Jsw Energy Limited · NSE:JSWENERGY

Jsw Energy — Q3 FY2012-13 Earnings Presentation

22 slides from Jsw Energy's earnings presentation, February 2013

  1. Slide 1: Q3 Presentation FY 2012-13

    Energy Lighting up a billion dreams

  2. Slide 2: Agenda

    AGENDA SECTOR UPDATE PERFORMANCE HIGHLIGHTS FINANCIAL RESULTS PROJECTS UPDATE 2

  3. Slide 3: Sector Update

    SECTORMJPDATE

  4. Slide 4: Economic Scenario

    ECONOMIC SCENARIO 10.0% 8.20% ‰ Policy measures by major 8.00% developed economies apparently 8.0% 7.80% brought g stability y 6.0% 7.60% 4.0% ‰ Early signs of growth cycle 2.0% 7.40% bottomingg out in major j countries 7.20% 0 0% 0.0% 7.00% April May June July Aug Sep Oct Nov Dec ­2.0% ‰ IIP contra

  5. Slide 5: Capacity Profile

    CAPACITY PROFILE Total Installed Capacity Sector and Mode­wise as on 31st Dec, Dec 2012 Sector Capacity (MW)* % Share State Sector 86,716 41.1% Central Sector 62,827 29.8% Private Sector 61,409 29.1% Total 210,952 * including R.E.S R.E.S, 25,856 , Capacity Addition in MW 11,075 12% 7,133 Hydro, 39,3

  6. Slide 6: Demand Supply Scenario

    DEMAND SUPPLY SCENARIO Power Demand Supply Position Q3FY Q3FY’13 13 (BU) Peak Demand and Peak Met 9MFY 9MFY’13 13 (GW) 300 20% 160 18% 17.4% 18% 140 15.3% 135 16% 249 250 15.1% 123 14.8% 227 16% 14% 120 14% 200 11.4% 10.6% 12% 11.5% 100 10.0% 12% 8.9% 10% 150 10% 80 7.6% 7.4% 7.8% 8% 9.0% 8.4% 8% 5

  7. Slide 7: API Coal Index vis-à-vis US$:Rupee

    vis­à­vis US$:` ­ Indexed API COAL INDEX vis­ 130 API 4 Coal Index USD:Re 120 110 100 90 80 70 API4 Coal Index and US$:Re parity are monthly averages 60 Apr‐11 May‐11 Jun‐11 Jul‐11 Aug‐11 Sep‐11 Oct‐11 Nov‐11 Dec‐11 Jan‐12 Feb‐12 Mar‐12 Apr‐12 May‐12 Jun‐12 Jul‐12 Aug‐12 Sep‐12 Oct‐12 Nov‐12 Dec‐12

  8. Slide 8: Performance Highlights

    PERFORMANCE HIGHLIGHTS 8

  9. Slide 9: Operational Performance

    OPERATIONAL PERFORMANCE Quarterly Plant­wise Net Generation (MU) ­ YoY 9 months Plant­wise Net Generation (MU) ­ YoY 20% Net Generation – 4,770MU 14,094MU 57% Net Generation – 3,965MU Ratnagiri Ratnagiri Ratnagiri 2,132 Vijayanagar Vijayanagar Vij 6 524 6,524 1,921 8,976MU 5,285 1,789 Vijayanagar Vi

  10. Slide 10: Sale of Power

    SALE OF POWER Sales Mix (MU) 13,848 54% 6,533MU 8,964 47% 15% 2,752MU 31% 4,880 4,235 7,315MU 46% 2,264MU* 1,441MU* 34% 69% 53% 6,212MU 2 794MU 2,794MU 54% 2,616MU , 66% Q3 FY2012 Q3 FY2013 9M FY2012 9M FY2013 Short Term Sales Long Term Sales * Including power conversion of 221MU (257MU previous qua

  11. Slide 11: Financial Results

    FINANCIAL RESULTS

  12. Slide 12: Consolidated Results

    CONSOLIDATED RESULTS Q3FY2012 Q3FY2013 9MFY2012 9MFY2013 1,797 2,395 (33% ) Turnover (` Crores) 4,158 6,785 (63% ) 378 867 (129% ) EBITDA (` Crores))) 982 2,149 (119% ) 21% 36% EBITDA (%) 24% 32% 199 236 Interest (` Crores)) 484 707 138 157 Depreciation (` Crores) 352 487 (97) 412 PBT (` Crores) (79

  13. Slide 13: Consolidated Financial Highlights

    CONSOLIDATED FINANCIAL HIGHLIGHTS 31st Dec 2011 31st Dec 2012 N tW Net Worth th (` Crores) C ) 5 611 5,611 6 269 6,269 Debt (` Crores) 9 912 9,912 10 158 10,158 Net Fixed Assets (` Crores) 15,213 15,437 @ Debt Equity Ratio (times) 1.77 1.62 Weighted Average Cost of 11.21% 11.15% Debt @Including CWIP

  14. Slide 14: Financial Highlights - Consolidated

    FINANCIAL HIGHLIGHTS - CONSOLIDATED Particulars Q3FY’13 % Inc Remarks (` crores) Revenue from Operations p • Increase in Sales ‐ higher g ggeneration;; ‐ Sale of Power 2,019 27% higher merchant tariff & includes power ‐ Transmission 28 28% conversion of `29 crs (PY `33 crs) ‐ Power Traded 261 240% •

  15. Slide 15: Consolidated Financial Trends

    ‐ ‐ 100 200 300 400 500 600 700 800 900 1,000 1,000 1 000 2,000 3,000 4,000 5,000 6,000 6 000 Q1 Q1 FY FY 1 1 Q2 0 Q2 0 FY FY 1 1 Q3 0 Q3 0 FY FY 1 1 Q4 0 Q4 0 FY FY 1 1 Q1 0 Q1 0 FY FY 1 1 Q2 1 Q2 1 EBITDA (` Crs) FY FY 1 1 Q3 1 Q3 1 FY FY 1 1 Q4 1 Q4 1 FY Net Generation (MU) FY 1 1 Q1 1 Q1 1 FY FY

  16. Slide 16: Projects Update

    PROJECTS UPDATE

  17. Slide 17: Raj West Power Ltd. I

    RAJ WEST POWER LTD. I Project Details Status Update Gross Capacity p y 1,080 , MW ((8 x 135)) • Unit V & VI synchronized on 30th M h 2012 and March, d 23rdd June, J 2012 respectively Sub­critical Captive Lignite based Technology TPP • Unit VIII synchronized on 29th October, 2012 FSA with BLMCL (49%

  18. Slide 18: Kutehr Hydro Project

    KUTEHR HYDRO PROJECT Project Details Status Update • Techno Economic Clearance from CEA Gross Capacity 240 MW (3 x 80) received • MOEF accorded Forest stage I clearance & Environment clearance gy Technology Run­of­the­river Hydropower y p • Pre­qualification of vendors for electro mechanical & hydro

  19. Slide 19: Domestic Mining Projects

    DOMESTIC MINING PROJECTS Status Update • Mining lease transferred in the name of BLMCL BLMCL­ Kapurdi Mine • Production of 0.97 Million Tons in Q3FY’13 • Lignite supplied to Power plant 0.94 Million Tons • Applied for capacity expansion to 7MTPA • MOEF Clearance received BLMCL­ Jalipa Mine • Mine de

  20. Slide 20: Overseas Coal Project

    OVERSEAS COAL PROJECT SACMH Status Update Location Umlabu (Wit Bank Region), South Africa • Raw Coal produced during Q3FY’13: 30,939 tonnes • Richard’s Bay Coal Terminal Entitlement • Total Sales during Q3FY’13: for 0.5 MTPA 56,378 tonnes Concessions (YTD Sales: 179,332 tonnes) • Railway a way ssidi

  21. Slide 21: Forward Looking & Cautionary Statement

    FORWARD LOOKING & CAUTIONARY STATEMENT Certain statements in this report concerning our future growth prospects are forward looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward looking statements. The r

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