Ptc India Financial Services Limited · NSE:PFS
Ptc India Financial Services — Investor Presentation (February 2021)
33 slides from Ptc India Financial Services's investor presentation, Feb 8, 2021
Slide 1: Cover letter to stock exchanges
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Slide 2: We bring Lifeline to Clean Sustainable Infrastructure
We bring Lifeline to Clean Sustainable Infrastructure Investor Presentation I Q3FY21
Slide 3: Table Of Contents
03 07 11 12 About PFS Risk Management Our Purpose Business Model 14 15 17 19 Navigating the Next Strategy Board of Directors Our Clientele & Lenders Operational Review 23 30 31 Financials Corporate Social Responsibility Shareholder Information Table Of Contents
Slide 4: About PFS
About PFS PTC India Financial Services Limited (PFS) is an infrastructure finance company which provides a vast array of services to the entities in energy value chain. The Company invests in equity and/or extending debt to power projects in generation, transmission, distribution, and fuel sources,
Slide 5: Products & Services
Products & Services PFS offers various investment and financing products/solutions to Infrastructure and Power projects, the details are illustrated in the graphic below: PFS provides advisory services to the various infrastructure, renewable energy, energy efficiency projects and other projects for
Slide 6: Company Overview-Milestones
Company Overview-Milestones PFS completes Initial Public Offer (IPO), ECBs from DEG and IFC 2011 First NBFC sanction partial credit enhancement 2019 Goldman Sachs and Macquarie acquired stake in PFS PFS becomes the first institution in India, to sign 2008 IFC’s Master Cooperation Agreement 2015 2010
Slide 7: Key Functions of the Company
Key Functions of the Company The details of the key functions of the company are given below: 1 2 3 o Treasury and Resource Mobilization o Underwriting and Syndication o Credit Appraisal and Monitoring o Asset Liability Management o Business Development and Credit o Risk Management o Interest Rate M
Slide 8: Risk Management System
Risk Management System o Implemented the mechanism of Risk Based Pricing which has been integrated with Market Risk internal credit grading mechanism o Implementation of Internal Credit Grading Management mechanism which captures sector specific risk related parameters during the entire loan-life cy
Slide 9: Promoter & Group Companies
Promoter & Group Companies PTC India Ltd (formerly known as Power Trading Corporation of India Limited) is the main promoter and parent company which owns 64.99% in PTC India Financial Services Limited PTC India Ltd (Promoter-Parent Company) 64.99% 100% PTC India Financial PTC Energy (Subsidiary) Se
Slide 10: Management Outlook
Management Outlook The Company has emphasized on moving from consolidation to growth and expansion by enhancing its product offerings and focusing on quality portfolio. Our returns over the last few quarters underline our resolve to improve liquidity, improve value for the stakeholders, focus on ach
Slide 11: PFS Journey from FY 2018-2020
PFS Journey from FY 2018-2020 Loan Sanctioned Cumulative Sanctions from FY 2018-20 ~16,415 Cr Resolution of NPAs in last 2 years – Rs. 1,294 Crore Cumulative Disbursements Disbursements from FY 2018-20 ~11,778 Cr Capital Adequacy Ratio – 23.33% Power Transmission, Roads and Highways, Areas Water Sew
Slide 12: Our Purpose
Our Purpose WE EXTEND OUR SUPPORT TO FINANCE ENVIRONMENT-FRIENDLY PROJECTS WHICH CONTRIBUTE TOWARDS GREENER STRONGER SUSTAINABLE Investor Presentation Previous 11 Next
Slide 13: Business Model
Business Model Timely execution of projects A seamless and efficient Adequate liquidity and network of system focus on cash flow framework and processes generation A range of tailor-made Extensive planning and services according to the monitoring to avoid project needs of the customer lapses Investo
Slide 14: What makes PFS a unique Investment case
What makes PFS a unique Investment case High Operating leverage and better Margins resulting to a sustainable business model Favourably positioned to capitalise on growing Motivated and experienced opportunities in resilient management who are sectors like transmission, proven experts in leading a w
Slide 15: Navigating the next strategy
Navigating the next strategy Financing a number of green Leveraging existing relationships infrastructure projects to support with domestic and global agencies growth Adopting a customer-centric approach Strategize and adopt alternative sources of funding Implementation of integrated Enhancing finan
Slide 16: Corporate Governance - Board of Directors
Corporate Governance - Board of Directors Shri Deepak Amitabh, Chairman He is an former Indian Revenue Services (IRS) Officer. He also serves as Chairman and Managing Director of PTC India Limited. He has more than 35 years of experience in the field of auditing, financing and revenue mobilization.
Slide 17: Corporate Governance - Board of Directors
Corporate Governance - Board of Directors Shri Santosh B. Nayar, Independent Director He has rich working experience of around 40 years in project finance and banking, including international & investment banking, and life insurance industry. He was the Chairman of India Infrastructure Finance Compa
Slide 18: Our Marquee Clients
Our Marquee Clients Investor Presentation Previous 17 Next
Slide 19: Our Key Lenders (International and Domestic)
Our Key Lenders (International and Domestic) Established relationship with Leading Development Financial Institutions (DFIs) and Banks in form of treasury of around Rs. 12,000 crore (around $ 1,700 million) Investor Presentation Previous 18 Next
Slide 20: Operational Overview
Operational Overview o Long Term Liability to Short Term Lability has improved to 93:7 with Stress Account Update adequate liquidity in the system o Reducing trend of cost of funds with improvement in yields of earning portfolio 1,348 1,361 o In discussion with additional credit lines of Rs. 1,400 c
Slide 21: Operational Performance – Debt Outstanding
Operational Performance – Debt Outstanding 7,900 7,909 8,044 7,836 7,493 6,625 5,901 5,472 5,437 5,401 Rs in Crore 4,878 4,340 4,181 4,409 4,248 4,334 4,119 3,460 3,588 3,016 3,014 2,885 2,147 2,142 2,137 1,793 1,788 1,783 1,456 1,217 1,230 1,175 1,207 298 300 324 232 236 241 207 223 235 234 207 1Q
Slide 22: Portfolio Shift – Credit Portfolio %
Portfolio Shift – Credit Portfolio % 23 23 22 26 27 33 37 37 38 39 41 2 2 2 2 2 2 2 2 2 2 2 59 59 60 59 57 52 49 50 49 48 46 16 16 16 14 14 13 12 11 11 11 11 1Q 2019 2Q 2019 3Q 2019 4Q 2019 1Q 2020 2Q 2020 3Q 2020 4Q 2020 1Q 2021 2Q 2021 3Q 2021 Thermal Renewable Hydro Others Investor Presentation P
Slide 23: Comfortable Cash Flows
Comfortable Cash Flows Additional comforts above cash flow indicated in chart below : o Undrawn credit lines of around Rs. 1,200 crore to o High Quality Liquid Assets (HQLA) of Rs.~ 480 crore in o Fresh Credit lines of around Rs. 1,400 crore is under meet its liability and growth in the near future
Slide 24: Financials
Financials
Slide 25: Key Balance Sheet Indicators
Key Balance Sheet Indicators Qtr ended Qtr ended Qtr ended Particulars 9 Months ended 9 Months ended 31st December, 2020 30th September, 2020 31st December, 2019 (Rs. Crore) 31st December, 2020 31st December, 2019 1,419 350 956 Loan Sanctioned (Rs. Crs) 1,769 2,117 882 334 499 Loan Disbursed (Rs. Cr
Slide 26: Key Operational Indicators
Key Operational Indicators Qtr ended Qtr ended Qtr ended Particulars 9 Months ended 9 Months ended 31st December, 2020 30th September, 2020 31st December, 2019 (Rs. Crore) 31st December, 2020 31st December, 2019 76.23 95.87 91.72 Net Interest Income (Rs. Crs) 256.44 282.04 11.25 11.36 11.86 Yield on
Slide 27: Results Overview (Rs. In crore)
Results Overview (Rs. In crore) Qtr ended Qtr ended Qtr ended Particulars 9 Months ended Qtr ended 31st December, 2020 30th September, 2020 31st December, 2019 (Rs. Crore) 31st December, 2020 31st December, 2019 260.30 291.89 322.11 Interest Income 842.57 1,007.65 269.39 297.98 331.70 Total Income 8
Slide 28: Net Interest Income (Rs. in crore)
Net Interest Income (Rs. in crore) 100.62 95.87 91.40 91.72 91.87 90.56 89.83 87.40 84.33 76.23 71.51 1Q 2019 2Q 2019 3Q 2019 4Q 2019 1Q 2020 2Q 2020 3Q 2020 4Q 2020 1Q 2021 2Q 2021 3Q 2021* *One time provision / reversal of interest of Rs.11.20 crore on IL&FS provided in Q3FY21 Investor Presentatio
Slide 29: NIMs / Spread driven by consistent improvement on operational parameters
NIMs / Spread driven by consistent improvement on operational parameters on earning book portfolio 11.93 11.86 11.50 11.67 11.38 11.36 11.25 9.13 9.09 9.20 8.98 8.75 8.53 8.39 3.52 3.70 3.53 3.38 3.38 3.35 2.99 2.66 2.69 2.63 2.83 2.86 2.37 2.84 1Q2020 2Q2020 3Q2020 4Q2020 1Q2021 2Q2021 3Q2021 Yield
Slide 30: Provisioning on Stage III Loan Account as on 31st December, 2020
Provisioning on Stage III Loan Account as on 31st December, 2020 Loan Account (Rs. crore) Gross Loan Provision Net Exposure Impairment Reserve ICOMM Tele Ltd. 2.65 0.77 1.87 0.93 Athena Chhattisgarh Power Limited 189.51 167.32 22.19 5.34 Dirang Energy Private Limited 71.05 33.59 37.46 10.74 Himagiri
Slide 31: Corporate Social Responsibility
Corporate Social Responsibility PFS has sponsored a project called Crop Residue Distribution of "सेहत की टोकरी" - Covid Mobile Health Clinics Management (CRM) to control stubble burning protection kits in underprivileged areas of Delhi in Ludhiana and Patiala. Awareness creation is NCR also done. So
Slide 32: Shareholder Information
Shareholder Information Stock Information (As on 03rd February, 2021) Top 5 Shareholders (As on 31st December, 2020) % of holding Market Cap 1,297.41 Cr PTC India Limited 64.99 Stock Price 20.10 Life Insurance Corporation of India 2.13 52 Week (High/Low) 24.3/6.78 Quant Money Managers Ltd 0.83 NSE/B
Slide 33: Thank You
PTC India Financial Services Ltd S-Ancial Technologies Pvt. Ltd 7th Floor Telephone Exchange Building, (Investor Relations) 8 Bhikaji Cama Place, New Delhi 110066 INDIA 215, Shivshakti Industrial Estate, J.R Boricha Marg, Lower Parel (E) – Mumbai - 400011 Abhinav Goyal (Vice President) Email: abhina
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