Indraprastha Gas Limited · NSE:IGL
Indraprastha Gas — Investor Presentation (December 2012)
18 slides from Indraprastha Gas's investor presentation, December 2012
Slide 1: Indraprastha Gas Limited: An Overview
INDRAPRASTHA GAS LIMITED An Overview 1 NATURAL GAS FOR CLEAN & GREEN ENVIRONMENT 1 1
Slide 2: Background
Background Incorporated in 1998, IGL is a Joint Venture of GAIL and BPCL. Govt. of NCT of Delhi is also holding 5% equity IGL started its operations in NCT of Delhi in 1999 with only 9 CNG stations and 1000 PNG consumers Today IGL has its operations in NCT of Delhi, Noida, Greater Noida and Ghaziaba
Slide 3: Shareholding Pattern
Shareholding Pattern Promoters Government of NCT of Delhi 19 4 2 45 Foreign Institution Investors 8 17 5 Mutual Funds Indian Financial Institutions & Banks 1 NATURAL GAS FOR CLEAN & GREEN ENVIRONMENT 3 3
Slide 4: Sales Volume Mix
Sales Volume Mix 5% 5% 15% CNG Comm./ Industrial Household Others 75% 1 NATURAL GAS FOR CLEAN & GREEN ENVIRONMENT 4 4
Slide 5: Sales Volumes
Sales Volumes Figures in MMSCM CAGR Ap/ FY08 FY09 FY10 FY11 FY12 last five Dec' 12 years CNG 505 605 695 818 938 16% 755 PNG 43 54 87 180 282 50% 245 Total Sale 548 659 782 998 1,220 20% 1,000 Daily Average 1.50 1.81 2.14 2.73 3.34 20% 3.64 Sale 1 NATURAL GAS FOR CLEAN & GREEN ENVIRONMENT 5 5
Slide 6: Growth in CNG
Growth in CNG March' March' March' March' March' Dec' PARAMETER UNIT 08 09 10 11 12 12 No of CNG Nos 163 181 241 278 308 304 Stations Compression (Lakh 20.76 26.72 36.40 51.13 59.56 60.8 Capacity kg/day) Average CNG (Lakh 10.58 12.61 14.46 16.71 19.15 20.72 Sale kg/day) 1 NATURAL GAS FOR CLEAN & GRE
Slide 7: CNG Station Network
CNG Station Network Figures in numbers DTC/ STATION IGL OMC TOTAL UPSRTC Online 110 51 93 254 Daughter 0 0 1 1 Daughter Booster 2 0 47 49 Total 112 51 141 304 1 NATURAL GAS FOR CLEAN & GREEN ENVIRONMENT 7 7
Slide 8: CNG Vehicles
CNG Vehicles Figures in numbers CAGR March'08 March'09 March'10 March'11 March'12 last five Dec'12 years Buses 11665 12918 13900 16655 18839 10% 18518 Auto/LGV 80276 93440 106699 121854 159123 18% 183106 RTV 5667 5730 5793 11070 13007 19% 14314 Cars/Taxi 130149 175313 213259 281802 359176 50% 435092
Slide 9: PNG Users
PNG Users Figures in numbers March' March' March' March' March' March CATEGORY Dec' 12 07 08 09 10 11 ' 12 Dom estic 78000 121695 138000 182000 245000 332844 365000 Com m erci 313 318 332 376 520 862 1213 al/ Total 78313 122013 138332 182376 245520 333706 366213 1 NATURAL GAS FOR CLEAN & GREEN ENVIR
Slide 10: PNG Network
PNG Network Figures in kilometers MMarch' March' March' March March CATEGORY CAGR Dec'12 a 08 09 10 '11 '12 r Steel Pipeline 195 231 299 421 574 26% 615 MDPE 1272 1700 2330 4420 6479 47% 7419 Pipeline Total 1467 1931 2629 4841 7053 45% 8034 1 NATURAL GAS FOR CLEAN & GREEN ENVIRONMENT 10 10
Slide 11: Turnover, Gross Margin & PAT
Turnover,Gross Margin & PAT Rs./Crores Ap/Dec' FY08 FY09 FY10 FY11 FY12 CAGR 12 GROSS TURNOVER 810 962 1213 1952 2790 32% 2750 GROSS PROFIT 403 442 583 760 980 23% 871 PAT 174 172 215 260 306 17% 271 1 NATURAL GAS FOR CLEAN & GREEN ENVIRONMENT 11 11
Slide 12: Book Value & EPS
Book Value & EPS 120 87.78 100 71.7 80 58.96 60 41.17 48.82 40 20 15.39 18.55 21.89 12.46 12.32 0 Series2 Series1 1 NATURAL GAS FOR CLEAN & GREEN ENVIRONMENT 12 12
Slide 13: Cumulative Capex
Cumulative Capex Rs. / crores 3500 2914 3000 2642 2500 2058 2000 1500 1287 898 1000 727 500 0 FY'08 FY'09 FY'10 FY'11 FY'12 Dec'12 Gross 1 Block NATURAL GAS FOR CLEAN & GREEN ENVIRONMENT 13 13
Slide 14: Dividend Payout
Dividend Payout Dividend Policy provides liberal payout Track record Year % of equity FY04 15 FY05 20 FY06 25 FY07 30 FY08 40 FY09 40 FY10 45 FY11 50 FY12 50 1 NATURAL GAS FOR CLEAN & GREEN ENVIRONMENT 14 14
Slide 15: Growth Strategy
Growth-Strategy Improve/Augment CNG infrastructure/Stations in Delhi & NCR to meet the additional demand in view of conversion of private cars Improve penetration of PNG business : Penetration of network in all charge areas Target Industrial/Commercial customers in both Delhi & NCR 1 NATURAL GAS
Slide 16: Risks & Mitigations
Risks & Mitigations Gas price increase Increases have been passed on to customers CNG price still remains competitive vis-à-vis petrol Availability of gas Firm allocation from Govt. of India Buying gas from GAIL/BPCL Recently tied up more RLNG from GAIL/BPCL 1 NATURAL GAS FOR CLEAN & G
Slide 17: Safe Harbor Statement
Safe Harbor Statement This presentation has been prepared by Indraprastha Gas Limited solely for providing information about the company. The information contained in this presentation is for general information purposes only, without regard to specific objectives, financial situations and needs
Slide 18: Thank You
THANK YOU 1 NATURAL GAS FOR CLEAN & GREEN ENVIRONMENT 18 18
Indraprastha Gas — Investor Presentation (December 2012) on 6ix