Nishat Power Limited · PSX:NPL

Nishat Power — FY2024 Earnings Presentation

12 slides from Nishat Power's earnings presentation, June 2024

  1. Slide 1: Nishat Power Limited Corporate Briefing Session

    NISHAT POWER LIMITED Corporate Briefing Session on Annual Audited Accounts for the Financial Year ended June 2024

  2. Slide 2: Contents

    Contents  Company Brief  Operational Highlights  Financial Highlights  Challenges  Business outlook  Questions and Answers

  3. Slide 3: Company Brief

    Company Brief  200 MW RFO Fired – Combined Cycle Thermal Power Plant  Term of Power Purchase Agreement – 25 years  Located at 66KM on Multan Road, Tehsil Pattoki  Subsidiary of Nishat Mills Limited with 51% equity ownership  Established under the “Power Policy 2002”  Incorporated in year 2007

  4. Slide 4: Operational Highlights

    Operational Highlights The plant operated at average capacity of 26.45% with 454GWh during the year (2023: 31.44% with 538GWh). The slowdown in overall economic activity and variations in climatic conditions has reduced electricity demand during the current year.

  5. Slide 5: Operational Highlights

    Operational Highlights Overall reduction in utilization especially in summer season, as compared to last year

  6. Slide 6: Financial Highlights

    Financial Highlights Profits have increased mainly due to increase in tariff indexation and other income during the year

  7. Slide 7: Financial Highlights

    Financial Highlights Avg Furnace oil prices have increased ~ 9% over the course of FY 2024

  8. Slide 8: Challenges

    Challenges Receivables and Circular Debt.

  9. Slide 9: Challenges: Liquidity & Dividend Payouts

    LINN Challenges NISHAT POWER LIMITED Rs in min Liquidity & Dividend Payouts 20,000 18,964 70% 18,233 61% 18,000 60% 16,000 14,000 50% 12,000 40% 10,000 8,000 30% 6,000 20% 4,000 10% 2,000 0% 2019 2020 2021 2022 2023 2024 lam Short term borrowings Mmmm Receivable from Power Purchaser =6== Dividend Pa

  10. Slide 10: Business Outlook

    Business Outlook Circular Debt • We foresee circular debt to remain a challenge for the government and the energy sector particularly in the near future, particularly due to increase in fuel prices, unless concrete policy measures are taken to address the underlying causes. Capacity Utilization • Th

  11. Slide 11: Questions and Answers

    NISHAT POWER LIMITED Questions and Answers

  12. Slide 12: Thank You

    NISHAT POWER LIMITED Thank You

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