Cesc Ltd · NSE:CESC
Cesc — Q3 FY24 Earnings Presentation
16 slides from Cesc's earnings presentation, Jan 19, 2024
Slide 1: Exchange filing cover letter – Investors Update
DOC:SEC:876/2023-24/304 January 19, 2024 National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5th Floor, Plot No. C/1, Phiroze Jeejeebhoy Towers, G- Block, Bandra – Kurla Complex, Dalal Street, Bandra (East), Mumbai – 400 001 Mumbai – 400 051 SCRIP CODE: 500084 SCRIP CODE: CESC Dear
Slide 2: CESC Limited Investor Update – Q3 FY24
CESC Limited Investor Update – Q3 FY24 1
Slide 3: CESC: Illuminating lives for over a century
CESC: Illuminating lives for over a century NPCL Grater India’s first fully integrated electrical Serves 4 million+ customers 2,140 MW generating stations CESC Rajasthan, Noida utility company (since 1899) with across 6 locations in India meeting bulk of the power Bikaner business interest in gene
Slide 4: RP-Sanjiv Goenka Group
RP-Sanjiv Goenka Group India’s fully integrated electrical utility company No. 1 Performance Chemical & Specialty Chemical (Carbon Black) company in India with presence in more than countries Group turnover of One of the leading BPM company providing service to over global ~US$4.5 Bn * companies EBI
Slide 5: Consolidated Performance – Q3 FY24
Consolidated Performance – Q3 FY24 % % Q3 FY24 Q3 FY23 Change 9M FY24 9M FY23 Change Gross Revenue (Rs Cr.) 3301 3224 2% 12084 11347 7% EBIDTA (Rs Cr.) 963 922 5% 3079 2674 15% PAT (Rs Cr.) 301 336 -10% 1032 952 8% Standalone Performance – Q3 FY24 % % Q3 FY24 Q3 FY23 Change 9M FY24 9M FY23 Change Ge
Slide 6: Key Financial Performance
Key Financial Performance Q3 FY24 Q3 FY23 9M FY24 9M FY23 Revenue PAT Revenue PAT Revenue PAT Revenue PAT (Rs. Crs) (Rs. Crs) (Rs. Crs) (Rs. Crs) (Rs. Crs) (Rs. Crs) (Rs. Crs) (Rs. Crs) CESC Ltd 3301 301 3224 336 12084 1032 11,347 952 (Consolidated) Haldia Energy Ltd 428 48 509 70 1504 176 1,562 192
Slide 7: Key Developments Q3 FY24 & 9M FY24
Key Developments Q3 FY24 & 9M FY24 CESC continued to report a strong growth in power demand across the circles during the quarter. Kolkata Distribution business witnessed 6.5% YoY demand growth in Q3FY24. Noida Power (NPCL) reported sales of 669 MU during Q3FY24, registering a YoY growth of 17.3
Slide 8: Key Update on Green Portfolio
Key Update on Green Portfolio CESC is exploring the possibilities of substantial investments in renewables energy generation space (up to 3GW Hybrid Portfolio) through its subsidiaries in more than one states in India, to increase the company's renewable footprint and partially meeting its renewab
Slide 9: Generation Business – Operational Performance
Generation Business – Operational Performance Q3 FY24 Q3 FY23 9M FY24 9M FY23 Capacity (MW) Sent Out PLF % Sent Out PLF % Sent Out PLF % Sent Out PLF % Units Units Units Units (MU) (MU) (MU) (MU) Budge Budge Generating Station 750 1319 86.2% 1073 70.4% 4150 90.8% 3661 80.4% Southern Generating Stati
Slide 10: Distribution Business – Operational Performance
Distribution Business– Operational Performance Q3 FY24 Q3 FY23 9M FY24 9M FY23 Sales T&D Revenue Sales T&D Revenue Sales T&D Revenue Sales T&D Revenue (MU) Loss (Rs. Crs) (MU) Loss % (Rs. Crs) (MU) Loss (Rs. Crs) (MU) Loss % (Rs. Crs) % % CESC Kolkata 2383 - 1841 2201 - 1764 8817 8.1%* 6882 8208 8.1
Slide 11: Standalone Financial Performance
Standalone Financial Performance In ₹ Crs Q3 FY 2024 Q2 FY 2024 Q3 FY 2023 9M FY 2024 9M FY 2023 Revenue from Operations 1819 2448 1708 6792 6318 Other Income 22 47 56 90 124 Regulatory Income (net) 490 289 231 989 454 2331 2784 1995 7871 6896 Cost of Electricity Purchased 750 1020 661 2875 2598 Cos
Slide 12: Consolidated Financial Performance
Consolidated Financial Performance In ₹ Crs Q3 FY 2024 Q2 FY 2024 Q3 FY 2023 9M FY 2024 9M FY 2023 Revenue from Operations 3244 4352 3129 11906 11,144 Other Income 57 62 95 178 203 Regulatory Income (net) 560 361 331 1185 835 3861 4775 3555 13269 12182 Cost of Electricity Purchased 1214 1707 964 456
Slide 13: Annual Financial Performance
Annual Financial Performance Standalone Financials (in Cr) (in Cr) (in Cr) 2,144 937 918 2,081 2,111 7,919 7,982 8,153 815 816 830 7,479 2,019 7,102 6,792 1,811 1,808 570 FY19 FY20 FY21 FY22 FY23 9M FY24 FY19 FY20 FY21 FY22 FY23 9M FY24 FY19 FY20 FY21 FY22 FY23 9M FY24 Consolidated Financials (in Cr
Slide 14: High on ESG Commitment
High on ESG Commitment 4.76% reduction in GHG intensity in FY 22-23. Achieved specific water consumption below the statutory limit of 3.5 cubic metres per MWh 1,95,638 tCO2 offset Achieved water intensity of 2.12 KL/MWh at generating stations E 3 lakh plus trees planted offsetting 1.96 lak
Slide 15: Thank You
Cautionary Statement Statement in this “ Management Discussion and Analysis” describing the company’s objectives, projections, estimates, expectations or predictions may be “ forward looking statements” within the meaning of applicable securities law and regulations. Actual results could differ mate
Slide 16: Numerous Legacies Continuous Growth
Numerous Legacies Continuous Growth THE WORLD’S NO.1 CELEBRITY MAGAZINE Years 15