Power Grid Corporation Of India Limited · NSE:POWERGRID
Power Grid Corporation Of India — Q1 FY2021 Earnings Presentation
18 slides from Power Grid Corporation Of India's earnings presentation, Aug 11, 2020
Slide 1: Presentation – Q1FY21
Presentation – Q1FY21 August 11, 2020 A constituent of
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: Presentation Outline
Presentation Outline POWERGRID Overview Performance during Q1FY21 Projects in Hand Other Recent Highlights & Accolades 3 Maharatna CPSE
Slide 4: POWERGRID Overview
POWERGRID Overview GoI Holding Central Listed Company 3rd Largest CPSE in Owns >85% India’s Maharatna CPSE 51.34% Transmission M-Cap ₹ 92,756 India (Gross ISTS2 (30th Jun’20) Utility crore1 Block)3 1-Based on BSE closing price of ₹177.30/ share on Aug.10, 2020 2- Based on Annual Tr. Charges billed f
Slide 5: Performance during Q1FY21
Performance during Q1FY21 - Project Execution - Operations - Financial - Commercial - Other Businesses Maharatna CPSE
Slide 6: Project Execution: Major Elements added in Q1FY21
Project Execution Major Elements added in Q1FY21 • Transmission Lines • 400kV D/C Hiriyur-Mysore line • ICTs at Meerut, Koteshwar and Balipara substations of POWERGRID Major Elements added after Q1 (till July’20) • 400kV D/C Rajarhat-Gokarna line (long pending) 6 Maharatna CPSE
Slide 7: Project Execution: Capex and Capitalisation
Project Execution Capex Capitalisation 2,750 2,000 1,906 1,184 Q1FY21 Till Jul'20 (Prov.) Q1FY21 Till Jul'20 (Prov.) (₹ in crore) Figures on Consolidated basis Capitalization figures. exclusive of FERV 7 Maharatna CPSE
Slide 8: Operational Highlights – Q1FY21
Operational Highlights – Q1FY21 Power Transmission – Categorised as ‘Essential’ Service during Covid-19 related lockdown Operations continued as per guidelines & protocol Availability (%) Reliability (Trippings per line) 0.16 99.83% 0.13 99.77% Q1FY20 Q1FY21 Q1FY20 Q1FY21 Extensive use of NTAMC/RTAM
Slide 9: Financial Performance – Q1FY21
Financial Performance – Q1FY21 (₹ in crore) Standalone Consolidated Income Growth: 4% Income Growth: 5% PAT Growth (excl. Exceptional Item): 18% PAT Growth (excl. Exceptional Item): 17% 9,228 9,620 9,362 9,817 2,428 2,865 2936 2,503 1,979 2,048 Income PAT Income PAT Q1FY20 Q1FY21 Q1FY20 Q1FY21# Q1FY
Slide 10: Financial Performance – Q1FY21
Financial Performance – Q1FY21 (₹ in crore) Standalone Consolidated Description Growth Growth (Quarter ended) (Quarter ended) 30.06.20 30.06.19 (%) 30.06.20 30.06.19 (%) Income - Transmission Charges 8,723 8,508 3% 9,203 8,899 3% - Consultancy – Services 98 125 -22% 87 110 -21% - Telecom 168 171 -2%
Slide 11: Financial Highlights – Q1FY21
Financial Highlights – Q1FY21 (₹ in crore, unless stated otherwise) Consolidated Standalone Description As on 30.06.2020 As on 30.06.2019 As on 30.06.2020 As on 30.06.2019 Gross Fixed Assets 2,28,856 2,08,643 2,16,500 1,99,172 Capital Work-in-Progress 36,298 40,071 30,825 35,372 Debt 1,45,998 1,42,3
Slide 12: Other Key Financial Information - Q1FY21
Other Key Financial Information - Q1FY21 Q1FY21 Q1FY20 Surcharge Income (Consol.) 265 57 Debt raised via Issue of Bonds in Q1FY21 Incentive (Consol.) 126 93 ₹ 3,300 crore Int. from Subsidiaries & JVs 260 221 Interest Rates Dividend from JVs 21 26 6.28%-6.85% CSR Expenses 94 50 Trade Receivable (Cons
Slide 13: Commercial Performance (Apr’20-Jun’20)
Commercial Performance (Apr’20-Jun’20) Outstanding>45 days at the end of Q1FY21: ₹ 6,145 crore (~64 days’ billing) Major Dues: Uttar Pradesh, J&K, Karnataka, Maharashtra & Telangana Month-wise Billing & Collection in FY21 (till Jul’20) Total Outstanding (at the end of) 127.5% 8,243 86 3,977 108.
Slide 14: Performance of Telecom & Consultancy Businesses
Performance of Telecom & Consultancy Businesses Telecom Consultancy • Income: ₹ 168 crore for Q1FY21 • Income: ₹ 87 crore for Q1FY21 (Consol.) 23 new orders in Q1FY21 • Domestic 99.99% Network Availability 4 new orders in Q1FY21 >80 assignments in hand GeM portal: Addl. Sales channel • Int
Slide 15: Other Related Businesses- Q1FY21 Developments
Other Related Businesses- Q1FY21 Developments eV Charging Infrastructure • 5 New EV Fast Charging Stations installed • At IOCL Petrol Pumps: Ahmedabad-1; Delhi-2, Gurugram-1 • On Metro Corridor: Hyderabad-1 • Installation of 11 eV Fast Chargers in Shillong under FAME Phase-II Scheme of GoI Energy Ma
Slide 16: Projects in Hand and FY21 Capex Plan
Projects in Hand (as on June 30, 2020) Ongoing Projects ~ ₹ 33,000 crore FY21 Capex Plan New Projects ~ ₹ 6,000 crore TBCB Projects ~ ₹ 12,000 crore Total Works in ~ ₹ 51,000 crore Hand ~ ₹ 23,400 crore Immediate Upcoming Opportunities • Transmission Works for RE: ~₹ 16,000 crore • Intra-State works
Slide 17: Other Recent Highlights & Accolades
Other Recent Highlights & Accolades Sustainability Report for 2017-19 released • Externally assured and as per GRI guidelines POWERGRID in Rank #845 for FTSE4GOOD Index Series POWERGRID in FORBES • Stock continues to remain a Global2000 2020 List constituent of the FTSE4Good • Up 20 places from 2019
Slide 18: Thank You
THANK YOU
Power Grid Corporation of India — Q1 FY2021 Earnings Presentation on 6ix