Bharat Heavy Electricals Limited · NSE:BHEL
Bharat Heavy Electricals — Investor Presentation (2018)
27 slides from Bharat Heavy Electricals's investor presentation, Nov 23, 2018
Slide 1: BHEL Corporate Presentation
BHEL Corporate Presentation
Slide 2: Disclaimer
Disclaimer This presentation is issued by Bharat Heavy Electricals Limited (the “Company” or “BHEL”) for general information purposes only, without regard to specific objectives, suitability, financial situations and needs of any particular person and does not constitute any recommendation or form p
Slide 3: Table of Contents
Table of Contents 1. BHEL: Overview 2 2. Financial Highlights 16 2
Slide 4: 1. BHEL: Overview
1. BHEL: Overview
Slide 5: India’s Flagship Engineering & Manufacturing Company
India’s Flagship Engineering & Manufacturing Company • Over 50 years of experience Background • Consistent dividend paying company for last forty years • Integrated power plant equipment manufacturer with capability to deliver 20,000 Strong MW of power plant equipment per annum Engineering & • Cater
Slide 6: Pan India Presence
Pan India Presence BHEL’s Operational Footprint in India Business Offices Manufacturing Units Service Centres 1 Bangalore 14 1 2 Bangalore A Chandigarh 2 Bhubaneswar B Kolkata 3 Bhopal 3 Chandigarh C Nagpur 4 Chennai 4 Goindwal D Noida 4 5 Guwahati 5 6 Haridwar E Patna 6 3 A 5 6 Ranchi 7 Hyderabad F
Slide 7: Single Source with Multiple Solutions for Infrastructure & Industrial Segments
Single Source with Multiple Solutions for Infrastructure & Industrial Segments Power Transmission Transportation Renewable Energy • Execution of power • Wide range of • Wide range of traction • EPC solutions for projects from concept transmission systems & propulsion equipment ground mounted and to
Slide 8: Single Source with Multiple Solutions for Infrastructure & Industrial Segments
Single Source with Multiple Solutions for Infrastructure & Industrial Segments Industrial Products Energy Storage Water Defence & Aerospace & Systems Solutions • Turnkey solutions for • Strategic equipment for • Wide Range Of • Focus on opportunities power plants, industries Indian defence forces In
Slide 9: One of the Seven “Maharatna” CPSEs
One of the Seven “Maharatna” CPSEs Shareholding Pattern (as on Sept 30, 2018) Listed on BSE on 12th October 1992 Listed on NSE on 03rd November 1994 General Public, Others, 1.36% 4.24% Insurance & President of Mutual funds, India, 63.06% 12.73% Share Price of face value Rs. 2 Financial 52 Wk High /
Slide 10: Sustained Growth over its long journey
Sustained Growth over its long journey 2010’s 50156 Turnover Emergence of high domestic Economic (Rs Crore) 2000’s slowdown Economy on competition higher growth path 27850 + 80’s 21401 Chinese Onslaught of 90’s competition 70’s competition Economy Post Almost a through ICBs Slowdown liberalization 1
Slide 11: Continuous Focus on R&D
Continuous Focus on R&D High Spend on R&D (Rs Crore) 1,114 1,019 893 794 753 3.3% Filing of Patents and Copyrights 2.8% 3.4% (Nos.) 2.7% 2.7% 530 FY14 FY15 FY16 FY17 FY18 477 508 453 R&D % Turnover Turnover from In – House Development 217 (Rs Crore) 8110 25% 6025 5247 7300 6676 21% 19% 24% FY15 FY16
Slide 12: Technology – Acquiring “Know – How” and “Know – Why” Capabilities
Technology – Acquiring “Know – How” and “Know – Why” Capabilities Building Indigenous Technology Capabilities • Started with technology support from Global OEMs and developed indigenous capabilities • Capability to design product to customer specs • Better understanding of Indian coals • Offering co
Slide 13: BHEL Make Electric Utilities Installations Across India
BHEL Make Electric Utilities Installations Across India Covering Entire Range & Type Coal, Gas, Nuclear, Diesel and Hydro Projects Contribution in total installed capacity (As on March 31, 2018) Jammu and Kashmir Himachal Pradesh Punjab Uttarakhand BHEL Haryana Arunachal Pradesh 54% Sikkim Delhi Utt
Slide 14: Global Presence
Global Presence References in 83 countries across all six continents of the world and Offices in 3 countries First large turnkey project export by Indian co. – Libya (1977) – 2 x 120 MW Thermal Power Station About 17,000 MW contracted − 11,000+ MW executed Presence in all segments – Thermal –
Slide 15: Board Members
Board Members Functional Directors Independent Directors Govt. Nominee Directors Atul Sobti Dr. Subhash Chandra Pandey Chairman & MD Rajesh Kishore Special Secretary & with additional charge of Director (Power) Financial Advisor D. Bandyopadhyay Keshav N. Desiraju Pravin L. Agrawal Director (HR) Joi
Slide 16: Government of India Support
Government of India Support • Government of India owns 63.06% stake in BHEL • 2 Government nominee directors Awarded ‘Maharatna’ Status in 2013 Numerous Awards & Recognition Adjudged Golden Felicitated for SKOCH Blue India Pride Model Peacock outstanding Economy Award 2017-18 Employer by Innovation
Slide 17: Board of Directors - structure
Board of Directors - structure The composition of Board of Directors of BHEL has an appropriate mix of Executive Directors represented by Functional Directors including CMD, and Non-executive Directors represented by Government Nominees & Independent Directors, to maintain the independence of the
Slide 18: Corporate Governance Compliances
Corporate Governance Compliances Code of Business Conduct & Ethics for Board Members and Senior Management Personnel – in place Board level periodic reviews of compliance reports for all laws applicable to BHEL Vigil mechanism in place to report genuine concerns of Directors & Employees All
Slide 19: 2. Financial Profile
2. Financial Profile - ———
Slide 20: Financial Performance
Financial Performance Turnover EBITDA(1) (Rs Crore) (Rs Crore) 6,130 40,338 30,947 27,740 27,850 25,091 * 3,309 2,626 1,827 131 * FY14 FY15 FY16 FY17 FY18 FY14 FY15 FY16 FY17 FY18 EBIT (2) Profit After Tax (Rs Crore) (Rs Crore) 5,147 2,232 3,461 1,840 978 1,419 496 807 (805) * (710) * FY14 FY15 FY16
Slide 21: Strong Balance Sheet
Strong Balance Sheet Total Equity Working Capital(1) (Rs Crore) (Rs Crore) 34,085 Trade Receivables Inventories Trade Payables 29,151 27,526 33,715 * 29,895 30,686 33,047 9,602 7,372 6,259 9,798 10,101 32,601 32,181 * 32,294 33,557 31,863 35,493 28,072 26,224 (8,719) (8,799) (9,445) (9,340) (11,066)
Slide 22: Financial Performance (during 2018-19)
Financial Performance (during 2018-19) In Rs. crore For Q1 FY19 Upto Q1 FY19 For Q1 FY18 Upto Q1 FY18 Turnover 5,790 5,790 5,355 5,355 PBT 226 226 108 108 PAT 156 156 81 81 Order inflow 4,371 4,371 1,744 1,744 Order book - 1,17,000 - 1,01,400 outstanding 21
Slide 23: Additional Information
¥ ie stat Additional Information.
Slide 24: JVs and Subsidiaries
JVs and Subsidiaries Government of India (“GoI”) Others 63.06% 36.94% Bharat Heavy Electricals Limited Subsidiaries Joint Ventures 50%(1) BHEL GE Gas Turbine 51% BHEL Electrical Services Pvt. Ltd. Machines Limited 50% NTPC – BHEL Power Projects Pvt. Ltd. (NBPPL) 26% Raichur Power Corporation Limited
Slide 25: Organization Structure
Organization Structure Board of Directors Chairman and Managing Director Committee of Management Functional Directors Committee PS Marketing- Corporate functions Corporate Research & Business sectors/ Thermal & Gas, Operating Units Development divisions HBG, NBG Corporate Technology Director Managem
Slide 26: Glossary
Glossary Term Description Term Description AC Alternate Current ESS Energy Storage Solutions ACEMU Alternate Current Electric Multiple Unit ESP Electrostatic Precipitator AUSC Advanced Ultra Supercritical FGD Flu Gas De-sulphurization BAP Boiler Auxiliaries Plant FPI Foreign Portfolio Investment BoP
Slide 27: Glossary (Contd.)
Glossary (Contd.) Term Description Term Description LCA Light Combat Aircraft SSTP Seamless Steel Tube Plant NBG Nuclear Business Group STPP Super Thermal Power Plant NTPC National Thermal Power Corporation TBG Transmission Business Group OEM Original Equipment Manufacturer TBSG Transportation Busin
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