Ge Power India Ltd. · NSE:GVPIL
Ge Power India — Q4 FY2023-24 Earnings Presentation
20 slides from Ge Power India's earnings presentation, May 22, 2024
Slide 1: Exchange cover letter for earnings conference call presentation
GE Power India Limited CIN- L74140MH1992PLC068379 Corporate Office: Axis House, Plot No I-14, Towers 5 & 6, Jaypee Wish Town, Sector 128, Noida, Uttar Pradesh – 201304 T+91 0120 5011011 | F +91 0120 5011100 Registered Office: Regus Magnum Business Centers, 11th floor, Platina, Block G, Plot C-59, BK
Slide 2: Earnings Presentation Q4 2023-24 Results and Disclaimer
@ GE VERNOVA GE POWER INDIA LIMITED, EARNINGS PRESENTATION Q4 2023-24 Results Disclaimer + This presentation has been prepared solely for the use at analyst/ investor presentation. By attending the meeting where this presentationis made, or by reading the presentation slides, you agree to be bound b
Slide 3: Contents
Contents 01 Executive Summary- Q4 and FY 2023-24 02 Financials 03 GEPIL Steam Strategy 04 Annexures and Disclosures 05 Q&A © 2024 GE Power India Limited. All rights reserved. | GE VERNOVA
Slide 4: Executive Summary 2023-24
GE VERNOVA Executive Summary 04 2023-24 Strong quarter for service orders FGD and Hydro Order opportunities converting slower than anticipated Revenue up by 14% vs. Q4 PY due to growth in Services Profit due to one time positive impact of insurance & claim recoveries wer India Limited. All righ
Slide 5: Executive Summary FY 2023-24
GE VERNOVA Executive Summary FY 2023-24 Orders down by 19% over PY due to lower order intake in Hydro and delay in FGD ordering. Core Services continues to grow ~40 %; upswing in Upgrades orders Reduction in losses due to one time positive impact of insurance & claim recoveries Revenue lower by 10%
Slide 6: Financials
GE VERNOVA FINANCIALS © 2024 GE Power India Limited. All rights reserved. 5
Slide 7: Driving towards a better business mix: Q4
Business Update @ ce vernova Driving towards a better business mix: Q4 New build vs Services EPC vs non-EPC Govt. vs Private 100% 23% Q4 2022-23 Q4 2023-24 Q4 2022-23 Q4 2023-24 Q4 2022-23 Q4 2023-24 mNew Build mServices mEPC mNon EPC mGovt Private % Orders mix scaled to 100% - derived from the abso
Slide 8: Driving towards a better business mix: Full Year
Business Update @ GE VERNOVA Driving towards a better business mix: Full Year EPC vs non-EPC Govt. vs Private 47% 53% 12% New build vs Services 37% FY 2022-23 FY 2023-24 mNew Build ™Services FY 2022-23 FY 2023-24 FY 2022-23 FY 2023-24 mEPC mNon EPC mGovt mPrivate % Orders mix scaled to 100% - derive
Slide 9: Orders
Orders GE VERNOVA * Crores Q4 Full Year 1635 262 228 1318 2022-23 2023-24 2022-23 2023-24 =FGD mSteam Services mHydro Gas mFGD wSteam Services mHydro mGas Steam Core Service ordering has grown by ~ 40% Upswing in Upgrades ordering FGD market size is larger than last year but not where we expected it
Slide 10: Revenue
Revenue = Crores 04 391 2022-23 2023-24 . Change in Sales Mix — FGD down due to low order intake, Services growing . Hydro revenue from Baleh project © 2024 GE Power India Limited. All rights reserved. Full Year 1796 2022-23 2023-24 Lower FGD Revenue due to low order intake, site delays & backlog de
Slide 11: Profit before Tax
Profit before Tax % Crores 04 Full Year -128 2022-23 2023-24 2022-23 2023-24 * Favorable product mix + Low volume impact & product mix * One time impact - claims including insurance recovery. ~—_Qne time impact- claims including insurance recovery . Improved Service profitability © 2024 GE Power Ind
Slide 12: GEPIL Steam Strategy
GE VERNOVA GEPIL STEAM STRATEGY © 2024 GE Power India Limited. All rights reserved. "
Slide 13: GEPIL Steam strategy
GEPIL Steam strategy @ se vernova . . FGDs Core service Service upgrades Brownfield, Equipment Durgapur parts 2 | | | Hq 4 + we oh ; i Parts , Service and Repair of Upgrades of Boiler , Supply of Boiler pressure parts, Piping Products: Boiler, Turbine, Generator, Turbine & Air Quality Supply of Flue
Slide 14: Annexures and Disclosures
ANNEXURES AND DISCLOSURES © 2024 GE Power India Limited. All rights reserved. 13
Slide 15: Disclosure dated April 2024 made by GEPIL
Disclosure dated April 3 , 2024 made by GEPIL Subject: Update - Regulation 30_Change in ultimate holding company from General Electric Company to GE Vernova Inc. Dear Sir/Madam, In furtherance to the intimation made by the Company on 06 October 2023 under Regulation 30 of the SEBI (Listing Obligatio
Slide 16: Disclosure dated Oct 6, 2023 made by GEPIL
Disclosure dated Oct 6'", 2023 made by GEPIL 1. Took note of the letter dated 27 September 2023 from GE Steam Power International BV, Immediate holding Company of GE Power India Limited which inter-alia stated the following:- With reference to the global announcement made by General Electric Company
Slide 17: Disclosure in the GEPIL Annual Report 2022-23
Disclosure in the GEPIL - Annual Report - 2022-23 Page no. 54 tools and resources including financial prowess of GE in its business operations, its business processes are aligned 10 & integrated with the global ‘organization, Once GE exits your Campany, your Company needs to develop independent comp
Slide 18: Years' Financial Performance in GEPIL Annual Report 2022-23
5 Years’ Financial Performance in GEPIL Annual Report 2022-23 @ ce vernova Page no.05 © 2024 GE Power India Limited. All rights reserved.
Slide 19: GE VERNOVA
GE VERNOVA © 2024 GE Power India Limited. All rights reserved. 18
Slide 20: GE VERNOVA
GE VERNOVA