Power Grid Corporation Of India Limited · NSE:POWERGRID
Power Grid Corporation Of India — Q1 FY2024 Earnings Presentation
23 slides from Power Grid Corporation Of India's earnings presentation, Aug 1, 2023
Slide 1: Exchange filing cover letter: presentation and recording links
1st August, 2023 To To The General Manager (Listing), The General Manager, (Listing) National Stock Exchange of India Limited, BSE Limited, Exchange Plaza, C 1/G Block, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Dalal Street, Mumbai. Bandra (East), Mumbai. Reference: NSE-SCRIP ID: POWERGRID; B
Slide 2: Transmitting Power for Progress and Prosperity - Investor Presentation
Transmitting Power for Progress and Prosperity Investor Presentation 01/08/2023
Slide 3: Disclaimer
Disclaimer By attending the meeting where this presentation is made, or by reading the presentation slides, you agree to be bound by the following limitations: ▪ This document has been prepared for information purposes only and is not an offer or invitation or recommendation to buy or sell any secur
Slide 4: Agenda
Performance Highlights POWERGRID Overview Major Highlights Performance Highlights Growth Outlook Awards 3
Slide 5: POWERGRID Overview
POWERGRID Overview A “Maharatna’ CPSE 37 Credit Rating Subsidiaries 3rd Largest CPSE International Gross Block1 11 (At par with Sovereign) Joint Ventures2 Pan India Standard & Poor’s: BBB- Transmission Network 04 Fitch: BBB - Associates Moody’s: Baa3 4,000 MW Cross Border Domestic Interconnection wi
Slide 6: POWERGRID Overview - Transmission Assets
POWERGRID Overview Transmission Assets 1,74,625 ckm 274 97,290 MW > 99% 1,467 nos 5,08,350 MVA 85% of India’s System Transmission Lines Sub-Stations IR capacity Availability Transmitting 45% of India’s Power 18 62 163 17 62 >2,90,000 >3,600 HVDC 765kV 400kV SVC/ GIS Transmission Transformers substat
Slide 7: Major Highlights
Major Highlights Won Two TBCB projects in Q1FY24 ▪ Transmission Scheme for Solar Energy in Ananthapuram(2.5GW) and Kurnool(1GW) ▪ Transmission system for evacuation of power from REZ in Rajasthan (20GW) – Part B1 ▪ Levellised Tariff ₹ 341.30 crore Bids for 03 projects submitted 6
Slide 8: Major Highlights
Major Highlights Order received for 69 lac Smart Meters installation in Gujarat from MGVCL, Vadodara and UGVCL, Ahmedabad. ▪ Project Duration – 10 years ▪ Implementation phase – 27 months ▪ O&M Phase – 93 months ▪ Investment of ₹ 4067 crore Investment in 85MW solar project at Nagda, MP approved ▪ To
Slide 9: Project Execution
Project Execution Financial Performance – Q1FY21 Added Successfully Commissioned POWERGRID Meerut Simbhaoli Transmission Ltd 4,435 MVA • 400kV D/C Meerut – Simbhaoli Line Transformation capacity • 765/400/220kV Meerut GIS SS • 400/220/132kV Simbhaoli GIS SS 02 Nos POWERGRID Bikaner Transmission Syst
Slide 10: Project Execution-Q1FY24
Project Execution-Q1FY24 Financial Performance – Q1FY21 1,615 1,506 944 652 Capex Capitalization* Standalone Consolidated Standalone Consolidated (₹ in crore) * Exclusive of FERV 9 * Includes assets capitalised as Finance Lease
Slide 11: Operational Performance-Q1FY24
Operational Performance-Q1FY24 Financial Performance – Q1FY21 99.86% 0.12 99.79% 0.09 Availability Tripping per line Q1FY23 Q1FY24 Q1FY23 Q1FY24 10
Slide 12: Financial Performance-Q1FY24
Financial Performance-Q1FY24 Standalone Consolidated 11,017 11,082 11,169 11,258 3,766 3,543 3,801 3,597 Income PAT Income PAT Q1FY23 Q1FY24 Q1FY23 Q1FY24 (₹ in crore) 11
Slide 13: Financial Performance (Standalone)
Financial Performance – Q1FY21 Financial Performance Growth Growth Description Q1FY24 Q1FY23 Q4FY23 (%) (%) S Income T - Transmission Charges 10,124 10,047 1% 11,330 (11)% - Consultancy – Services 121 233 (48)% (24) - A - Telecom 191 166 15% 189 1% N - Other Income 646 571 13% 793 (19)% D Total Inco
Slide 14: Financial Performance (Consolidated)
Financial Performance – Q1FY21 Financial Performance Growth Growth Description Q1FY24 Q1FY23 Q4FY23 (%) (%) C Income O - Transmission Charges 10,756 10,529 2% 12,109 (11)% N - Consultancy Services 101 211 (52)% (34) - S - Telecom 191 166 15% 188 2% - Other Income 210 263 (20)% 294 (29)% O Total Inco
Slide 15: Financial Performance - Key Ratios
Financial Highlights –Q1FY21 (Standalone) Financial Performance (₹ in crore, unless stated otherwise) Description Standalone Consolidated As on 30.06.23 As on 30.06.22 As on 30.06.23 As on 30.06.22 Gross Fixed Assets (₹ crore) 2,56,415 2,52,053 2,70,757 2,64,838 Capital Work-in-Progress (₹ crore) 8,
Slide 16: Other Key Financial Information
Other Key Financial Information Description Q1FY24 Q1FY23 Income for previous periods (Consol.) 214 351 Int. on differential tariff 62 142 Int. from Subsidiaries & JVs* 337 251 Surcharge (Consl.) 51 97 Average Cost of Incentive (Consol.) 132 149 Borrowing* Dividend from JVs* 4 - 7.59% in Q1FY24 Divi
Slide 17: Telecom Performance-Q1FY24
Telecom Performance-Q1FY24 ₹ 191 crore Business Segments Income • Leased Lines 40 • MPLS-VPN New Customers added • Data services • Infrastructure services 3000 locations Pan India Network Upcoming Services ~82,000 kms ILD connectivity Network route • With neighbouring countries Nepal, 100% Banglades
Slide 18: Consultancy Performance
Consultancy Performance Consultancy services to Domestic and International clients. ₹ 121 crore Delivering Smart Solutions to both Domestic and Income International clients 02 • State owned utilities, Private utilities, Central Public Sector New International assignments Undertakings, Government dep
Slide 19: Commercial Performance
Commercial Performance (Apr’20-Sept’20) Commercial Performance Billing & Realization Outstanding dues (at end of Qtr) (in ₹ crore) ₹ 12,726 cr Billing 2,228 1,718 ₹ 10,406 cr 1,855 51.06* Realization 44.56* 24.49* 4,912 4,138 81.77% 2,966 %age Realization 87.94% upto 31/07/23 Q1FY23 Q4FY23 Q1FY24 *R
Slide 20: Work in Hand
Work in Hand Work in Hand : ~ ₹ 48,700 crore ₹ 11,200 crore ₹ 24,700 crore ₹ 12,800 crore Ongoing RTM Projects New RTM Projects TBCB Projects FY24 Capex Plan : ₹ 8,800 crore ~₹ 5,000 crore ₹ 3,800 crore RTM TBCB* * Incl Others 19
Slide 21: Business Outlook 2032
Business Outlook 2032 Business segment Subhead Estimated Capex Transmission Business Inter State ₹1,16,500 crore Intra State ₹37,000 crore Cross Border ₹10,000 crore International projects ₹7,500 crore Subtotal Transmission ₹1,71,000 crore Other Business Solar generation ₹1,000 crore Smart Metering
Slide 22: Awards & Accolades
Awards & Accolades • Ranked 17th amongst the Top 72 leading global “ATD Best Awards 2023” companies. • Conferred with the prestigious award as recognition “Global Prithvi Award, 2023” to excellence in continued Sustainability Practices of POWERGRID 21
Slide 23: Thank You
Thank You www.powergrid.in 22
Power Grid Corporation of India — Q1 FY2024 Earnings Presentation on 6ix