Bharat Heavy Electricals Limited · NSE:BHEL
Bharat Heavy Electricals — Investor Presentation (September 2019)
26 slides from Bharat Heavy Electricals's investor presentation, Sep 10, 2019
Slide 1: BHEL Corporate Presentation
BHEL Corporate Presentation September 10th,2019
Slide 2: Disclaimer
Disclaimer This presentation is issued by Bharat Heavy Electricals Limited (the “Company” or “BHEL”) for general information purposes only, without regard to specific objectives, suitability, financial situations and needs of any particular person and does not constitute any recommendation or form p
Slide 3: Table of Contents
Table of Contents 1. BHEL: Overview 2 2. Financial Highlights 16 2
Slide 4: 1. BHEL Overview
1. BHEL Overview
Slide 5: India's Flagship Engineering & Manufacturing Company
India’s Flagship Engineering & Manufacturing Company • Over 50 years of experience Background • Consistent dividend paying company for last forty years • Integrated power plant equipment manufacturer with capability to deliver 20,000 Strong MW of power plant equipment per annum Engineering & • Cater
Slide 6: Pan India Presence
Pan India Presence BHEL’s Operational Footprint in India Business Offices Manufacturing Units 1 Bangalore 14 1 2 Bangalore 2 Bhubaneswar 3 Bhopal 3 Chandigarh 4 Goindwal 4 4 Chennai 6 5 Guwahati 5 6 Haridwar 3 A 5 6 Ranchi 7 Hyderabad 11 A D 7 Jabalpur Jagdishpur 8 12 8 Jaipur 10 9 Jhansi 5 8 9 8 15
Slide 7: Single Source with Multiple Solutions for Infrastructure & Industrial Segments
Single Source with Multiple Solutions for Infrastructure & Industrial Segments Power Transmission Transportation Renewable Energy Execution of power Wide range of transmission Wide range of traction EPC solutions for ground projects from concept to systems & products propulsion equipment for mounted
Slide 8: Single Source with Multiple Solutions for Infrastructure & Industrial Segments
Single Source with Multiple Solutions for Infrastructure & Industrial Segments Industrial Products Energy Storage Water Defence & Aerospace & Systems Solutions Turnkey solutions for Strategic equipment for Wide Range Of Industrial Focus on electric mobility, power plants, industries Indian defence f
Slide 9: One of the Seven "Maharatna" CPSEs
One of the Seven “Maharatna” CPSEs Shareholding Pattern (as on 30/06/2019) Listed on BSE on 12th October 1992 Listed on NSE on 03rd November 1994 Non Mutual funds, institutions, 5.83% President of 5.88% Financial India, 63.17% Institutions & Banks, 2.05% Share Price of face value Rs. 2 52 Wk High /
Slide 10: Sustained Growth over its long journey
Sustained Growth over its long journey 50156 2010’s Turnover Emergence (Rs Crore) 2000’s of high Economy on domestic higher competition growth path 29349 + 80’s 21401 Chinese Onslaught of 90’s 70’s competition competition Post Economy Almost a through ICBs Slowdown liberalization 10336 protected (WB
Slide 11: Continuous Focus on R&D
Continuous Focus on R&D High Spend on R&D (Rs Crore) 1,019 893 794 753 820 3.3% Filing of Patents and Copyrights 3.4% (Nos.) 2.7% 2.7% 2.8% 558 530 FY15 FY16 FY17 FY18 FY19 477 508 453 R&D % Turnover Turnover from In – House Development (Rs Crore) 7300 6676 5761 6025 5247 24% 25% FY15 FY16 FY17 FY18
Slide 12: Technology – Acquiring "Know – How" and "Know – Why" Capabilities
Technology – Acquiring “Know – How” and “Know – Why” Capabilities Building Indigenous Technology Capabilities • Started with technology support from Global OEMs and developed indigenous capabilities • Capability to design product to customer specs • Better understanding of Indian coals • Offering co
Slide 13: BHEL Make Electric Utilities Installations Across India Covering Entire Range & Type
BHEL Make Electric Utilities Installations Across India Covering Entire Range & Type Coal, Gas, Nuclear, Diesel and Hydro Projects Contribution in total installed capacity* (As on March 31, 2019) Jammu and Kashmir Himachal Pradesh BHEL Punjab Uttarakhand 53% Haryana Arunachal Pradesh Delhi Sikkim Ot
Slide 14: Global Presence
Global Presence References in 83 countries across all six continents of the world and Offices in 3 countries First large turnkey project export by Indian co. – Libya (1977) Consistent Performance – ~17,000 MW contracted and ~11,000 MW executed Presence in all segments – Thermal – Hydro – Oil &
Slide 15: Board of Directors
Board of Directors Dr. Nalin Singhal Chairman & Managing Director (Additional Charge - Director (HR) ) Functional Directors Independent Directors Govt. Nominee Directors Amit Varadan Subodh Gupta R. Swaminathan Joint Secretary Director (Finance) DHI, Ministry of Heavy Industries & Public Enterprises
Slide 16: Government of India Support
Government of India Support • Government of India owns 63.17% stake in BHEL • 2 Government nominee directors Awarded ‘Maharatna’ Status in 2013 Numerous Awards & Recognition Golden Dun & Model CBIP Award for Peacock Bradstreet VRP Awards Employer by Best Power Innovation Corporate to 82 BHEL Ministr
Slide 17: Board of Directors – structure
Board of Directors – structure The composition of Board of Directors of BHEL has an appropriate mix of Executive Directors represented by Functional Directors including CMD, and Non-executive Directors represented by Government Nominees & Independent Directors, to maintain the independence of the
Slide 18: Corporate Governance Compliances
Corporate Governance Compliances Code of Business Conduct & Ethics for Board Members and Senior Management Personnel – in place Board level periodic reviews of compliance reports for all laws applicable to BHEL Vigil mechanism in place to report genuine concerns of Directors & Employees All
Slide 19: 2. Financial Profile
2. Financial Profile
Slide 20: Financial Performance
Financial Performance Turnover EBITDA(1) (Rs Crore) (Rs Crore) 29,542 29,349 3,309 2,820 27,740 27,850 2,626 1,827 * 25,091 * 131 FY15 FY16 FY17 FY18 FY19 FY15 FY16 FY17 FY18 FY19 EBIT (2) Profit After Tax (Rs Crore) (Rs Crore) 1,419 1,215 2,232 2,345 807 1,840 496 978 (710) * (805)* FY15 FY16 FY17
Slide 21: Strong Balance Sheet
Strong Balance Sheet Total Equity Working Capital @ (Rs Crore) (Rs Crore) Trade Receivables Contract assets Inventories Trade Payables 34,085 38,241 33,714 * 30,686 34,276 10,105 29,894 32,601 9,602 6,259 8,113 * 32,294 7,372 32,181 20,462 17,992 22,296 19,897 18,980 31,400 17,175 13,660 12,882 17,5
Slide 22: Financial Performance (2019-20, Q1)
Financial Performance (2019-20, Q1) ** In Rs. crore Q1 FY 20 Turnover 4410 PBT -344 PAT -216 Order inflow 3892 ** Standalone unaudited financial result 21
Slide 23: Additional Information
Additional Information
Slide 24: JVs and Subsidiaries
JVs and Subsidiaries Government of India (“GoI”) Others 63.17% 36.83% Bharat Heavy Electricals Limited Subsidiaries Joint Ventures 50%(1) BHEL GE Gas Turbine 51% BHEL Electrical Services Pvt. Ltd. Machines Limited 50% NTPC – BHEL Power Projects Pvt. Ltd. (NBPPL) 26% Raichur Power Corporation Limited
Slide 25: Organization Structure
Organization Structure Board of Directors Chairman and Managing Director Committee of Management Functional Directors Committee Operating Units Business sectors/ Corporate functions divisions HEP, Bhopal TP, Jhansi Director (Engineering, R&D) HEEP, Haridwar HPEP, Hyderabad Director (Power) HPBP, SST
Slide 26: Glossary
Glossary Term Description Term Description AUSC Advanced Ultra Supercritical LCA Light Combat Aircraft CPSE Central Public Sector Enterprises NTPC National Thermal Power Corporation E&C Erection & Commissioning OEM Original Equipment Manufacturer EHV Extra High Voltage PCU Power Control Unit EM Elec
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