Rec Limited · NSE:RECLTD
Rec — Rural Electrification — FY2014 Earnings Presentation
13 slides from Rec's earnings presentation, 2014
Slide 1: Management Presentation: Performance Highlights – Q4 & 12M FY14
Management Presentation Performance Highlights – Q4 & 12M FY14 Indian Rupees RURAL ELECTRIFICATION CORPORATION LIMITED A Navratna PSU Powering India.… Transforming Lives…. Moving Forward
Slide 2: Highlights - (Q4 FY14 vs. Q4 FY13)
Highlights - (Q4 FY14 vs. Q4 FY13) Total Assets increased by 17% from INR 1,30,507 Crore to INR 1,52,853 Crore Balance Sheet Outstanding Borrowings increased by 17% from INR 1,07,791 Crore to INR 1,26,240 Crore Net worth increased by 18% from INR 17,454 Crore to INR 20,669 Crore Total Income in Q4 i
Slide 3: Sanctions - Composition
Sanctions - Composition (Amount in INR Crore) Q1 Q2 Q3 Q4 12M Discipline-wise FY 14 FY 13 FY 14 FY 13 FY14 FY 13 FY14 FY 13 FY 14 FY 13 FY 12 14,939 9,130 10,356 4,631 677 5,342 3,047 8,389 29,019 27,492 23,176 Generation 63% 42% 57% 17% 5% 42% 21% 46% 41% 35% 46% T&D 7,558 10,569 7,539 21,668 13,15
Slide 4: Disbursements - Composition
Disbursements - Composition (Amount in INR Crore) Q1 Q2 Q3 Q4 12M Discipline-wise FY 14 FY 13 FY 14 FY 13 FY 14 FY 13 FY14 FY13 FY 14 FY 13 FY 12 2,922 2,364 3,855 3,376 2,432 2,519 3,780 4,238 12,989 12,497 12,349 Generation 35% 34% 47% 44% 27% 24% 38% 29% 37% 32% 44% T&D 4,306 2,590 4,221 3,853 6,
Slide 5: Outstanding Loan - Composition
Outstanding Loan - Composition (Amount in INR Crore) Q1 Q2 & H1 Q3 & 9M Q4 & 12M 12M Discipline FY 14 FY 13 FY 14 FY 13 FY 14 FY 13 FY 14 FY 13 FY 12 Amount % Amount % Amount % Amount % Amount % Amount % Amount % Amount % Amount % State 1,10,069 83 89,627 84 1,13,421 82 92,990 83 1,16,161 81 98,086
Slide 6: Loan Quality
Loan Quality (Amount in INR Crore) Particulars Q1 Q2 & H1 Q 3 & 9M Q4 & 12M 12M FY 14 FY 13 FY14 FY13 FY 14 FY 13 FY 14 FY 13 FY 12 Loan outstanding * 1,32,915 1,06,696 1,38,475 1,11,965 1,42,517 1,18,690 1,48,641 1,27,356 1,01,426 Gross NPA 490 490 490 490 490 490 490 490 490 Provision 112 64 112 6
Slide 7: Funds Raised During The Period
Funds Raised During The Period (Amount in INR Crore) Q1 Q2 Q3 Q4 12 M Category FY 14 FY 13 FY 14 FY 13 FY 14 FY 13 FY 14 FY 13 FY 14 FY 13 FY 12 1,110 982 1,209 1,068 1,124 1,026 1,907 1,827 5,350 4,903 5,239 Capital Gains Bonds 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% - - -
Slide 8: Borrowing Profile as at end of the Period
Borrowing Profile as at end of the Period (Amount in INR Crore) Q1 Q2 &H1 Q3 & 9M Q4 & 12M 12 M Particulars FY 14 FY 13 FY 14 FY 13 FY 14 FY 13 FY 14 FY 13 FY 12 Amount % Amount % Amount % Amount % Amount % Amount % Amount % Amount % Amount % Capital Gains, Tax Free & 21,378 19 17,183 19 26,271 22 1
Slide 9: Statement of Assets & Liabilities
Statement of Assets & Liabilities (Amount in INR Crore) Q1 Q2 & H1 Q3 & 9M Q4 & 12 M 12M Particulars FY13 FY13 FY 14 FY13 FY14 FY13 FY14 FY13 FY12 Liabilities Shareholders Funds 18,076 15,144 18,939 16,311 19,435 16,548 20,669 17,454 14,563 Borrowings 1,11,104 89,581 1,17,791 95,092 1,22,665 1,01,74
Slide 10: Income Statement
Income Statement (Amount in INR Crore) Particulars Q1 Q2 Q3 Q4 12M 12M 12M FY14 FY13 FY14 FY13 FY 14 FY13 FY 14 FY13 FY14 FY13 FY12 Interest Income 3,914 2,997 4,167 3,240 4,329 3,501 4,396 3,553 16,806 13,291 10,264 Finance Costs 2,302 1,868 2,519 1,974 2,594 2,093 2,623 2,148 10,039 8,083 6,432 Ne
Slide 11: Key Indicators
Key Indicators Q1 Q2 Q3 Q4 12 M Particulars FY14 FY13 FY14 FY13 FY14 FY13 FY 14 FY13 FY14 FY13 FY12 Yield on Loan (%) (Annualised) 12.03 11.52 12.28 11.86 12.32 12.14 12.08 11.55 12.18 11.62 11.21 Cost of Funds (%) (Annualised) 8.41 8.32 8.81 8.55 8.63 8.51 8.43 8.20 8.58 8.17 8.03 Interest Spread (
Slide 12: Shareholding Pattern
Shareholding Pattern As on 31.03.14 31.12.13 30.09.13 30.06.13 31.03.13 31.12.12 30.09.12 30.06.12 31.03.12 Description % % % % % % % % % President of India 65.64 * 66.80 66.80 66.80 66.80 66.80 66.80 66.80 66.80 Foreign Institutional 18.68 19.40 19.76 20.73 20.68 21.24 20.66 20.06 19.53 Investors R
Slide 13: Thank You
be tS THAN K YOU