Slide 1: Management Presentation Performance Highlights Q1 FY17
Highest Domestic credit rating “AAA” from CRISIL, Management Presentation CARE, India Ratings & Research and ICRA Performance Highlights International credit rating at Q1 FY 17 par with sovereign rating of India “Baa3” from Moody’s & “BBB-” from FITCH RURAL ELECTRIFICATION CORPORATION LIMITED A
Slide 2: Highlights – Q1 FY17 vs. Q1 FY16
Highlights – Q1 FY17 vs. Q1 FY16 (Amounts in INR Crore) Balance Sheet Income Statement Business 2
Slide 3: Sanctions - Composition
Sanctions - Composition (Amount in INR Crore) Q1 Q4 12M Discipline-wise FY 17 FY 16 FY 16 FY16 FY15 FY 14 8,544 1,112 6,398 30,794 24,326 29,019 Generation 54% 15% 39% 47% 40% 41% T & D (including RGGVY 4,763 5,978 7,561 31,377 35,135 39,446 / DDUGJY) # ^ 30% 79% 47% 48% 57% 56% 2,575 500 2,250 3300
Slide 4: Disbursements - Composition
Disbursements - Composition (Amount in INR Crore) Q1 Q4 12M Discipline-wise FY 17 FY 16 FY 16 FY 16 FY 15 FY 14 4,075 2,428 4,762 13,124 14,123 12,989 Generation 35% 26% 40% 29% 33% 37% 1,835 1,661 2,949 8,529 6,286 4,113 Transmission 16% 18% 25% 19% 15% 12% Distribution (including 3,658 5,218 3,034
Slide 5: Outstanding Loan - Composition
Outstanding Loan - Composition (Amount in INR Crore) Q1 Q4 & 12M Discipline-wise FY 17 FY 16 FY 16 FY 15 FY 14 Amount % Amount % Amount % Amount % Amount % State 1,39,394 74 1,38,834 74 1,53,941 77 1,33,712 75 1,11,179 75 Joint 17,770 9 14,875 8 16,808 8 14,629 8 13,302 9 Private 31,671 17 32,711 18
Slide 6: Loan Quality
Loan Quality (Amount in INR Crore) Q1 Q4 & 12M Particulars FY 17 FY 16 FY 16 FY 15 FY 14 Loan outstanding * 1,88,835 1,86,420 2,01,278 1,79,647 1,48,641 Gross NPA 4,816 *** 1,577 4,243*** 1,335 490 (1) Provision 1,266 *** 390 1,013*** 365 137 Net NPA 3,550 1,187 3,230 970 353 % of Gross NPA to loan
Slide 7: Funds Raised During The Period
Funds Raised During The Period (Amount in INR Crore) Q1 Q4 12 M Category FY 17 FY 16 FY 16 FY16 FY15 FY 14 (A) Long Term 1,626 1,181 2,251 6,477 5,338 5,350 Capital Gains Bonds 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% - - - 1,000 - 6,000 Tax Free Bonds - - - 7.20% - 8.48% - 2,396 2,895 15,526 29,200 17,4
Slide 8: Borrowing Profile as at end of the Period
Borrowing Profile as at end of the Period (Amount in INR Crore) Q1 Q4 & 12M Particulars FY 17 FY 16 FY 16 FY 15 FY 14 Amount % Amount % Amount % Amount % Amount % Institutional, Subordinate & Zero 1,09,698 65 99,286 64 1,09,678 65 97,068 64 75,289 60 Coupon Bonds Foreign Currency Borrowings * 23,698
Slide 9: Statement of Assets & Liabilities (Standalone)
Statement of Assets & Liabilities (Standalone) (Amount in INR Crore) Q1 Q4 & 12 M Particulars FY 17 FY 16 FY 16 FY 15 FY 14 Liabilities Shareholders Funds 29,952 26,267 28,618 24,857 20,669 Borrowings 1,70,503 1,55,772 1,69,106 1,51,024 1,26,240 Deferred Tax Liabilities (Net) 15 131 50 107 174 Other
Slide 10: Income Statement (Standalone)
Income Statement (Standalone) (Amount in INR Crore) Particulars Q1 Q4 12M FY 17 FY 16 FY 16 FY16 FY15 FY14 Interest Income 5,890 5,641 6,015 23,471 20,072 16,806 Less: Finance Costs 3,553 3,306 3,753 14,283 11,845 10,039 Net Interest Income 2,337 2,335 2,262 9,188 8,227 6,767 Other Operating Income
Slide 11: Key Indicators
Key Indicators Q1 Q4 12 M Particulars FY 17 FY16 FY 16 FY16 FY15 FY14 Yield on Loan (%) (Annualised) 12.08 12.33 11.91 12.32 12.23 12.18 Cost of Funds (%) (Annualised) 8.21 8.31 8.44 8.50 8.36 8.31 Interest Spread (%) 3.87 4.02 3.47 3.82 3.87 3.87 Net Interest Margin (%) 4.85 5.10 4.48 4.82 5.01 4.9
Slide 12: Shareholding Pattern
Shareholding Pattern As on => 30.06.16 31.03.16 31.03.15 31.03.14 Description % % % % President of India 60.64 60.64 65.64 65.64 Foreign Portfolio Investors 18.25 21.37 20.86 18.68 Resident Individual/ HUF 6.10 4.46 3.00 2.86 Mutual Funds 2.74 2.10 3.19 3.46 Bodies Corporate 2.25 1.75 2.94 2.73 Insu