Power Grid Corporation Of India Limited · NSE:POWERGRID
Power Grid Corporation Of India — Q2 FY2018 Earnings Presentation
25 slides from Power Grid Corporation Of India's earnings presentation, November 2017
Slide 1: Q2 FY 2017-18 Press & Analysts' Meet Mumbai
Fastest Growing Electric Utility in Asia since 2014 Q2 FY 2017-18 Press & Analysts’ Meet Mumbai
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: Recent Highlights, POWERGRID Today, Performance, Business Outlook
Recent Highlights POWERGRID Today Financial & Project Execution Performance (Q2FY18) Operational Consultancy & Telecom Business Outlook 3
Slide 4: Recent Highlights
Recent Highlights
Slide 5: Recent Highlights – Project Execution
Recent Highlights – Project Execution Capitalization in Q1 & Q2 FY17 FY18 13,516 9,974 9,150 6,688 3,542 2,462 Q1 Q2 H1(Q1+Q2) Capex in H1FY18: ₹ 11,949 crore (₹ in crore) 5
Slide 6: Recent Highlights – Project Execution
Recent Highlights – Project Execution Addn during 4 Sub-stations I-R Capacity Q2FY18 2,266 ckm 17,500 MVA X-fmn 3000MW Capacity Major Elements commissioned/ capitalized during Q2FY18 • Pole-II of Champa-Kurukshetra HVDC • Pole-III & Pole-IV of NER-Agra HVDC • Major Transmission Lines • 765kV D/C Mah
Slide 7: Recent Highlights
Recent Highlights Charged on Oct. 31, 2017 • 220kV Leh-Khalsti line (one section of 220kV Srinagar-Leh Transmission Scheme) – 62km • Leh (220kV, 2x50MVA) & Khalsti (220kV, 50MVA) Sub-stations Leh & Khalsti 220kV sub-stations at 11,562 ft. - Highest ever altitude for POWERGRID 77
Slide 8: Other Highlights
Other Highlights ‘POWERGRID Kala Amb’ commissions project • 1 GIS S/S; 630 MVA- 2.5 ckm tr. line Selected as Lowest Cost Bidder for ‘ERSS-XXI’ project under TBCB • EC Cost: ₹ 1,321 crore; ALTC: ₹ 139 crore Comml. Operation of Phase-I of JV Co. (NHPTL) commences 88
Slide 9: Recent Accolades
Recent Accolades Platts Top 250 Energy Company Rankings, 2017 No.1 Fastest Growing Electric Utility in yet again Asia for 4th successive year Based on Platts Top250 Energy Companies Rankings 2017 Wins ‘Golden Peacock Award’ for ‘Excellence in Corporate Governance’ 99
Slide 10: POWERGRID Today
POWERGRID Today
Slide 11: POWERGRID Today
POWERGRID Today CENTRAL LISTED GOVT. PAYING Market A ‘NAVRATNA’ SHAREHOLDING TRANSMISSION COMPANY DIVIDEND SINCE Capitalization ENTERPRISE UTILITY since 2007 57.90% 1993-94 ₹ 112,479 crore1 ~ 85% • ISTS Transmission network owned by POWERGRID 142,990 ckm; 226 S/S • Transmission Lines & substations o
Slide 12: Performance Q2FY18 & H1FY18
Performance Q2FY18 & HIFY18 ONE 000 2
Slide 13: Performance- Financial (Q2 & H1FY18)
Performance- Financial (Q2 & H1FY18) (₹ in crore) Quarter ended Growth Half Year ended Growth Description 30.09.2017 30.09.2016 (%) 30.09.2017 30.09.2016 (%) Revenue Transmission Charges 6,984 5,971 13,814 11,860 Consultancy (Services) 113 154 323 274 Telecom 156 130 297 241 Other Income 239 225 448
Slide 14: Performance – Financial (H1FY18)
Performance – Financial (H1FY18) (₹ in crore) As on 30.09.2017 As on 31.03.2017 Gross Fixed Assets 1,63,246 1,49,730 Capital Work-in-Progress 35,033 38,942 Debt 1,25,522 1,17,198 Net Worth 51,926 49,807 Earning Per Share (₹) 8.02# 14.37 Book Value per Share (₹) 99.26 95.20 Key Financial Ratios Debt
Slide 15: Performance - Financial (upto Sep17)
Performance - Financial (upto Sep17) Billing & Realization Billing Realization %age realization ₹ 13,071 crore ₹ 13,059 crore 99.9% As on 30.09.2017 ~ ₹ 2,847 crore Total Outstanding (40 days billing) Transmission Outstanding ~ ₹ 881 crore (beyond 60 days) (12 days billing) Billed but not outstandin
Slide 16: Status of TBCB Projects (As on 31.10.2017)
Status of TBCB Projects (As on 31.10.2017) Participation Success (Nos.) 25 Projects 11 (44%) POWERGRID Share in ALTC (Participated Projects) POWERGRID, 2280, 45% Others, 2778, 55% POWERGRID Others [ALTC: Annual Levelised Trans. Charges] 16
Slide 17: Operations: (upto Sep'17)
Operations: (upto Sep’17) Assets as on Sep • Trans. Lines: 1109 Nos.- 142,990 ckm 30, 2017 • Sub-stations: 226 Nos.- 311,185 MVA POWERGRID Standalone Assets Performance during H1FY18 • Availability: 99.83% • Reliability: 0.36 Trippings/line (Apr17-Sep17) TBCB Assets- Projects/ 6 nos. lines - 1,678 c
Slide 18: Consultancy – H1FY18
Consultancy – H1FY18 Income from Consultancy: ₹ 323 crore (18%↑ over H1FY17) Domestic • 3 New Orders in Q2FY18 • 100 Assignments in Hand • Orders under Development - J&K (Smart Grid); Andaman & Nicobar Islands (Energy Management Centre); Puducherry (S/S) etc. International • 14 Assignments in Hand –
Slide 19: Telecom Business – H1FY18
Telecom Business – H1FY18 Income from Telecom: ₹ 297 crore (23%↑ over H1FY17) 38 New Clients (Govt./ Pvt.) in Q2FY18 Infrastructure: Fiber Optic Network : ~ 42,000km Points of Presence : 650 Backbone Availability : 99.99% Services Offered: Leased Lines, MPLS, Internet Leased Lines Partne
Slide 20: Business Outlook
Business Outlook
Slide 21: POWERGRID Outlook (as on Sep'17)
POWERGRID Outlook (as on Sep’17) Ongoing Projects approx. ₹ 88,000 crore New Projects approx. ₹ 3,000 crore TBCB Projects approx. ₹ 18,000 crore (as per Empowered Committee Estimate) Total Works in Hand approx. ₹ 1,09,000 crore FY18 Capex Plan: ~ ₹ 25,000 crore 21
Slide 22: Investment Potential
Investment Potential Inter-State: Transmission ~ ₹ 4,200 crore - 5 projects – under various stages of bidding (TBCB)- ~ ₹ 1,100 crore- 6 new projects recommended by EC in Oct-17 ~ ₹ 12,800 crore Intra-State: ~ ₹ 7,500 crore – 6 projects in 2 States (1-UP; 5- Jharkhand) Transmission (Intra-State): JV
Slide 23: Investment Potential
Investment Potential Railways accelerates its target for track electrification - To achieve 100% electrification by 2021-22 Railway Prepared ₹ 35,000 crore plan for electrification of 33,000 Route Electrification km (Rkm) by 2021-22 POWERGRID identified as one of the agencies to help achieve the des
Slide 24: Market Capitalization: ₹ 1,12,479 crore
POWERGRID completes 10 years of listing Committed to Creation of Wealth for Shareholders Share Price growth: >4x since IPO in 2007 Market Capitalization: ₹ 1,12,479 crore Stock Performance vis-à-vis Benchmark Indices Thanks to Investors for continued faith in the Company 24
Slide 25: Presentation available at www.powergridindia.com
Presentation available at www.powergridindia.com
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