Ptc India Financial Services Limited · NSE:PFS
Ptc India Financial Services — Q4 FY21 Earnings Presentation
32 slides from Ptc India Financial Services's earnings presentation, Jun 10, 2021
Slide 1: Exchange filing cover letter
'DWHGWK-XQH 0DQDJHU 0DQDJHU /LVWLQJ'HSDUWPHQW /LVWLQJ'HSDUWPHQW %6(/LPLWHG 1DWLRQDO6WRFN([FKDQJHRI,QGLD/LPLWHG 3KLUR]H-HHMHHEKR\7RZHUV'DODO6WUHHW ([FKDQJH3OD]D&%ORFN* 0XPEDL %DQGUD.XUOD&RPSOH[%DQGUD (DVW 6FULS&RGH 0XPEDL 6FULS&RGH3)6 6LU0DGDP 6XE ,QYHVWRU3UHVHQWDWLRQ 3OHDVHILQGHQFORVHGWKH,QYHVWRU3UH
Slide 2: Lifeline to Clean Sustainable Infrastructure - Investor Presentation Q4FY21
WE BRING Lifeline to Clean Sustainable Infrastructure Investor Presentation | Q4FY21
Slide 3: Table Of Contents
03 05 09 11 About PFS Our Purpose Risk Management Business Model 13 14 16 18 Navigating the Next Strategy Board of Directors Our Clientele & Lenders Operational Review 19 29 30 Financials Corporate Social Responsibility Shareholder Information Table Of Contents
Slide 4: About PFS
About PFS PTC India Financial Services Limited (PFS) is an infrastructure finance company which provides a vast array of services to the entities in energy value chain. The Company invests in equity and/or extending debt to power projects in generation, transmission, distribution, and fuel sources,
Slide 5: Management Outlook
Management Outlook The Company has emphasized on moving from consolidation to growth and expansion by enhancing its product offerings and focusing on quality portfolio. Our returns over the last few quarters underline our resolve to improve liquidity, improve value for the stakeholders, focus on ach
Slide 6: Our Purpose
Our Purpose WE EXTEND OUR SUPPORT TO FINANCE ENVIRONMENT-FRIENDLY PROJECTS WHICH CONTRIBUTE TOWARDS GREENER STRONGER SUSTAINABLE Investor Presentation Previous 5 Next
Slide 7: Products & Services
Products & Services PFS offers various investment and financing products/solutions to Infrastructure and Power projects, the details are illustrated in the graphic below: PFS provides advisory services to the various infrastructure, renewable energy, energy efficiency projects and other projects for
Slide 8: Company Overview-Milestones
Company Overview-Milestones PFS completes Initial Public Offer (IPO), ECBs from DEG and IFC First NBFC to receive sanction of Partial Credit 2011 Enhancement 2019 Goldman Sachs and Macquarie acquired PFS becomes the first stake in PFS institution in India, to sign 2008 IFC’s Master Cooperation Agree
Slide 9: Key Functions of the Company
Key Functions of the Company The details of the key functions of the company are given below: 1 2 3 o Treasury and Resource o Underwriting and Syndication o Credit Appraisal and Monitoring Mobilization o Business Development and Credit o Risk Management o Asset Liability Management o Advisory Servic
Slide 10: Risk Management System
Risk Management System o Implemented the mechanism of Risk o Implementation of Internal Credit Grading Based Pricing which has been mechanism which captures sector specific Market Risk integrated with internal credit grading risk related parameters during the entire Management mechanism loan-life cy
Slide 11: PFS Overview
PFS Overview Loan Sanctioned Cumulative Sanctions FY2020 & FY2021 ~7,139 Cr Resolution of NPAs in the Current FY – Rs. 124 Crore Cumulative Disbursements Disbursements FY2020 & FY2021 ~5,237 Cr Capital Adequacy Ratio – 23.94% Power Transmission, Roads and Highways, Areas Water Sewage Treatment, Wast
Slide 12: Business Model
Business Model Timely execution of projects A seamless and efficient Adequate liquidity and network of system focus on cash flow framework and generation processes A range of tailor-made Extensive planning and services according to monitoring to avoid the needs of the project lapses customer Investo
Slide 13: What makes PFS a unique Investment case
What makes PFS a unique Investment case Favourably Focus on positioned Reduction in the Sustainable Infra Motivated and to capitalise on High Operating number and renewable experienced growing leverage and better of Stress/NPA projects which align management who opportunities in Margins resulting to
Slide 14: Navigating the next strategy
Navigating the next strategy Financing a number of green Leveraging existing infrastructure projects to relationships with domestic support growth and global agencies Adopting a customer-centric approach Strategize and adopt alternative sources of funding Implementation of integrated Enhancing finan
Slide 15: Corporate Governance - Board of Directors
Corporate Governance - Board of Directors Shri Deepak Amitabh, Chairman He is a former Indian Revenue Services (IRS) Officer. He also serves as Chairman and Managing Director of PTC India Limited. He has more than 35 years of experience in the field of auditing, financing and revenue mobilization. D
Slide 16: Corporate Governance - Board of Directors
Corporate Governance - Board of Directors Shri Santosh B. Nayar, Independent Director He has rich working experience of around 40 years in project finance and banking, including international & investment banking, and life insurance industry. He was the Chairman of India Infrastructure Finance Compa
Slide 17: Our Marquee Clients
Our Marquee Clients Investor Presentation Previous 16 Next
Slide 18: Our Key Lenders (International and Domestic)
Our Key Lenders (International and Domestic) Established relationship with Leading Development Financial Institutions (DFIs) and Banks in form of treasury of around Rs. 12,000 crore (around $ 1,700 million) Investor Presentation Previous 17 Next
Slide 19: Operational Overview
Operational Overview o Long Term Liability to Short Term Lability has improved to 89:11 with Stress Account Update adequate liquidity in the system o Reducing trend of cost of funds with improvement in yields of earning portfolio 1,348 1,361 1,353 o In discussion with additional credit lines of Rs.
Slide 20: Financials
Financials
Slide 21: Key Balance Sheet Indicators
Key Balance Sheet Indicators Qtr ended Qtr ended Qtr ended Particulars Year Ended Year Ended 31st March, 2021 31st December, 2020 31st March, 2020 (Rs. Crore) 31st March, 2021 31st March, 2020 2,329 1,419 884 Loan Sanctioned (Rs. Crs) 4,098 3,041 1,331 882 511 Loan Disbursed (Rs. Crs) 2,647 2,590 11
Slide 22: Key Operational Indicators
Key Operational Indicators Qtr ended Qtr ended Qtr ended Particulars Year Ended Year Ended 31st March, 2021 31st December, 2020 31st March, 2020 (Rs. Crore) 31st March, 2021 31st March, 2020 96.48 77.25 91.87 Net Interest Income (Rs. Crs) 353.74 375.81 10.98 11.25 11.66 Yield on Earning Loan (%) 11.
Slide 23: Results Overview (Rs. In crore)
Results Overview (Rs. In crore) Qtr ended Qtr ended Qtr ended Particulars Year Ended Year Ended 31st March, 31st December, Shift % Shift % 31st March, 2020 (Rs. Crore) 31st March, 2021 31st March, 2020 2021 2020 262.68 260.30 316.61 (17%) Interest Income 1,105.24 1,324.26 (17%) 274.57 269.39 332.88
Slide 24: Net Interest Income (Rs. in crore)
Net Interest Income (Rs. in crore) 95.87 96.48 91.87 84.33 77.25 4Q 2020 1Q 2021 2Q 2021 3Q 2021* 4Q 2021 *One time provision / reversal of interest of Rs.11.20 crore on IL&FS provided in Q3FY21 Investor Presentation Previous 23 Next
Slide 25: Operational Performance – Debt Outstanding
Operational Performance – Debt Outstanding 5,472 5,437 5,401 Rs in Crore 4,878 4,943 4,340 4,334 4,475 4,119 4,248 1,207 1,217 1,230 1,175 1,169 207 207 223 235 164 4Q 2020 1Q 2021 2Q 2021 3Q 2021 4Q 2021 Thermal Renewable Hydro Others Total 11,005 11,109 11,194 10,621 10,751 Investor Presentation P
Slide 26: Portfolio Shift – Credit Portfolio %
Portfolio Shift – Credit Portfolio % 37 38 39 41 46 2 2 2 2 2 50 49 48 46 42 11 11 11 11 11 4Q 2020 1Q 2021 2Q 2021 3Q 2021 4Q 2021 Thermal Renewable Hydro Others Investor Presentation Previous 25 Next
Slide 27: NIMs / Spread driven by consistent improvement on operational parameters
NIMs / Spread driven by consistent improvement on operational parameters on earning book portfolio Investor Presentation Previous 26 Next
Slide 28: Provisioning on Stage III Loan Account as on 31st March, 2021
Provisioning on Stage III Loan Account as on 31st March, 2021 Impairment Net Exposure (After provision & Loan Account (Rs. crore) Gross Loan Provision Reserve Impairment Reserve) ICOMM Tele Limited 2.65 0.03 1.68 0.94 Athena Chhattisgarh Power Limited 189.51 169.73 4.61 15.17 Danu Wind Park Pvt Limi
Slide 29: Comfortable Cash Flows
Comfortable Cash Flows Additional comforts above cash flow indicated in chart below : o Undrawn credit lines of around Rs. 1,550 o High Quality Liquid Assets (HQLA) of Rs.~ 741 o Fresh Credit lines of around Rs. 1,650 crore is crore to meet liability and growth in the near crore and Fixed deposits o
Slide 30: Corporate Social Responsibility
Corporate Social Responsibility Ongoing project of MHCs operated in Sehat ki Tokri – COVID protection kits being Solar panels donated to Mahatma Gandhi underprivileged localities in Delhi NCR. distributed among the underprivileged Netralaya, Anandam, Vijay Mandir and Anandam, Dadikar, Alwar, operate
Slide 31: Shareholder Information
Shareholder Information Stock Information (As on 07th June, 2021) Top 5 Shareholders (As on 31st March, 2021) % of holding Market Cap 1,339.16 Cr PTC India Limited 64.99 Stock Price 20.85 Life Insurance Corporation of India 2.13 52 Week (High/Low) 24.30/9.61 Quant Money Managers Ltd 0.84 NSE/BSE Sym
Slide 32: THANK YOU
THANK YOU Abhinav Goyal - Vice President PTC India Financial Services Ltd. Email: abhinav.gobal@ptcfintancial.com 7th Floor Telephone Exchange Building, 8 Bhikaji Cama Place, Tel: +91 11 2673 7300 / 2673 7400 New Delhi - 110 066 INDIA Fax: +91 11 26737373 / 26737374 l Email: info@ptcfinancial.com Ni
PTC India Financial Services — Q4 FY21 Earnings Presentation on 6ix