Nhpc Limited · NSE:NHPC
Nhpc — Investor Presentation (August 2013)
24 slides from Nhpc's investor presentation, August 2013
Slide 1: Welcome
Slide 2: Agenda
Hydro Scenario in India NHPC Overview Investment Plan Financial Highlights
Slide 3: Hydro Scenario in India
Hydro Scenario in India
Slide 4: Hydro Scenario
Hydro Scenario Benefits All India Physical Profile(30.06.13) Abundant hydro potential Total Assessed Potential above Meets peaking power 25 MW-1,45,320 MW as on 31.05.13. Ideal for meeting demand during Capacity Already Developed- peak times. 34,838 MW (24%). Improves grid stability and
Slide 5: NHPC Overview
NHPC Overview
Slide 6: NHPC Overview
Mini Ratna Category–I enterprise of Govt. of India with an Authorised Capital of Rs. 15,000 Crore. Projects Completed 15 Nos. (4182 MW) Projects Completed with Subsidiary 2 Nos. (1520 MW) Projects Under Construction 7 Nos. (4095 MW) Projects Awaiting Clearances – Standalone 5 Nos. (5115 MW
Slide 7: NHPC's Track Record
NHPC’s Track Record A Ten Year Digest Sale of Energy (In Crores) Generation in (M.U) 6000 5462 20000 18604 18683 18923 5049 18000 16689 16960 5000 4327 16000 14813 4000 12567 4000 14000 13049 11286 12000 11046 3000 2698 10000 2301 1970 8000 2000 1582 1662 1414 6000 4000 1000 2000 0 0 2009-10 2003-04
Slide 8: NHPC's Track Record
NHPC’s Track Record A Ten Year Digest Profit After Tax (In Crore) 3000 2772 Dividend (In Crore) 900 861 2500 2348 800 738 20912167 677 700 2000 600 1500 500 400 325 925 10041075 278 300 1000 300 223 621 685 743 200 120 140 100 75 500 0 2010-11 2011-12 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08
Slide 9: Operational Projects
Operational Projects Installed Year of NHPC Project Location Capacity Type of the project comm. (MW) Baira Siul Himachal Pradesh 180 1981 Run of River (ROR) with small pondage Loktak Manipur 105 1983 Storage Salal Jammu & Kashmir 690 1987/1996 ROR Tanakpur Uttarakhand 120 1992 ROR Chamera I Himachal
Slide 10: Operational Projects
Operational Projects Installed Year of NHPC Project Location Capacity Type of the project Comm. (MW) Teesta V Sikkim 510 2008 ROR with small pondage Sewa II Jammu & Kashmir 120 2010 ROR with small pondage Chamera III Himachal Pradesh 231 2012 (July) ROR with small pondage Chutak Jammu & Kashmir 44 2
Slide 11: Projects Under Construction
Projects Under Construction CCEA Estimated Anticipated Project *Expected Installed NHPC Cost (Rs. Project Expenditure Commissioning Location Capacity Type of the project Project Crore) Cost (Rs. till – June’13 Schedule (MW) (Price Crore) (Rs. Crore) Level) Uri II (60X4) Jammu & Kashmir 240 Run of Ri
Slide 12: Projects Under Clearance Stage
Projects Under Clearance Stage Installed Design Cost (In Crore) S.No. Projects Capacity Energy Status & PL (MW) (MUs) All clearances available except PIB/CCEA. Kotli Bhel–IA 2196.95 Updated / modified material for PIB 1 195 1025 (Uttarakhand) (Nov’12) recommendation for investment sanction has been
Slide 13: JV Projects Under Clearance Stage
JV Projects Under Clearance Stage Installed Design Cost (In S.No Projects Capacity Energy Status Cr.) & PL (MW) (MUs) 1 Chenab Valley Power Projects Ltd. (NHPC-49%, J &K-49%, PTC-2%) 9756.99 i) Pakaldul , (J&K) 1000 3330.18 The Project is under PIB stage of clearance. (Mar,12) Kiru (J&K) 4068.13 DPR
Slide 14: Projects Under Pipe Line
Projects Under Pipe Line Installed Capacity S. No. Projects State (MW) Projects Under FR/DPR Preparation 1 Bursar Jammu & Kashmir 1020 2 Dhauliganga Intermediate Uttarakhand 210 3 Gauriganga-IIIA Uttarakhand 120 4 Dulhasti-II Jammu & Kashmir 350 Sub Total (FR/DPR) 1700 Foreign Assignment Projects (F
Slide 15: Solar and Wind Power Projects
Solar Power Projects MOU Signed for formation of JVC for implementation of 50 MW Solar Power Project at Tehsil Kalpi, District Jalaun, Uttar Pradesh. Wind Power Projects Plan of grid connected wind power project up to installed capacity of 50 MW under consideration.
Slide 16: Investment Plan
Investment Plan
Slide 17: Proposed XIIth Plan Expenditure
Proposed XIIth Plan Expenditure (FY 2012-13 to 2016-17) Amount (Rs. In F.Y Remarks Crore) 3350 • During 12th Plan, 1702 MW 2012-13 ( Actual : 3307 ) capacity would be added from the ongoing construction projects. Till 2013-14 3450 date i.e. (up to May13) 407 MW have been commissioned. 2014-15 4094 •
Slide 18: Financial Highlights
Financial Highlights
Slide 19: Statement of Profit & Loss
STATEMENT OF PROFIT & LOSS (Rs. in Crores) Particulars For the quarter ended For the quarter ended 30.06.2013 30.06.2012 INCOME: (i) Revenue from Operations (Net Sales) 1600.51 1399.12 (ii) Other Operating Income a. Interest from Beneficiaries 0.10 2.62 b. Revenue from Contracts, Project 18.76 18.86
Slide 20: Statement of Profit & Loss (contd.)
…contd (Rs. in Crores) Particulars Quarter ended Quarter ended 30.06.2013 30.06.2012 EXPENDITURE: (i) Employee Benefits Expenses 231.84 211.49 (ii) Depreciation & Amortisation 276.00 222.06 Expenses (iii) Other Expenses- (a) Generation, Administration and Other Expenses: - Other than Water cess 127.
Slide 21: Adjusted PAT vis-à-vis Corresponding Quarter
ADJUSTED PAT vis-à-vis Corresponding Quarter (Rs. in Crores) Quarter ended Quarter ended 30.06.2013 30.06.2012 PAT (A) 719.93 669.81 Detail of adjustments carried out Earlier year sales (0.01) (0.11) Insurance Policy Excess (Dhauliganga 2.00 - PS) Other Income-Interest from beneficiaries (0.10) (2.6
Slide 22: Incentive & Debtor
Incentive & Debtor Details of Incentives, Secondary Energy, UI Charges (Rs. In Crores) S.No Particulars of Incentives 30.06.2013 31.03.2013 1 Secondary Energy 62.89 111.44 2 Incentives 93.85 158.72 3 UI Charges 22.74 115.86 Debtors (Rs. In Crore) S.No. Particulars Total Trade More than 60 days Recei
Slide 23: Ratios FY 12-13 FY11-12
Ratios FY 12-13 FY11-12 EPS (Rs.) 1.91 2.25 Book Value 22.63 21.42 Market Price as on 20th August’13 16.55 P/E Ratio 8.66 P/B Ratio 0.73 Market Capitalization (Crore) 20357 RONW 8.43% 10.52% EBITDA Margin 68.53% 71.00% PAT Margin 37.27% 41.3% D/E Ratio 0.63 0.62 DSCR 4.31 5.11
Slide 24: Thanks
THANKS