Inox Green Energy Services Ltd. · NSE:INOXGREEN
Inox Green Energy Services — Q3 FY25 Earnings Presentation
18 slides from Inox Green Energy Services's earnings presentation, Jan 31, 2025
Slide 1: Inox Green Energy Services Q3 FY25 Results Presentation
INOX GREEN ENERGY SERVICES LIMITED Q3 FY25 RESULTS PRESENTATION JANUARY 2025 1
Slide 2: Contents
CONTENTS 1. KEY HIGHLIGHTS OF THE QUARTER 2. GROUP OVERVIEW 3. WIND O&M BUSINESS – STABILITY WITH GROWTH 4. MACRO ENVIRONMENT ENTAILS SIGNIFICANT WIND CAPACITY ADDITION OVER THE NEXT DECADE 5. KEY FINANCIALS 2
Slide 3: Key Highlights of the Quarter
KEY HIGHLIGHTS OF THE QUARTER ✓ Machine availability for the portfolio averaged 96.2% in Q2 FY25 ✓ Revenue of Rs 74 crores in Q3 FY25 vs Rs 61 crores in Q3 FY24 up 22% YoY ✓ EBIDTA of Rs 29 crores in Q3 FY25 vs Rs 24 crores in Q3 FY24 up 23% YoY ✓ Profit after tax of Rs 5 crores in Q3 FY25 vs loss o
Slide 4: Group Overview
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Slide 5: INOXGFL Group – A US$ 12 bn Indian Conglomerate
INOXGFL GROUP – A US$ 12 BN INDIAN CONGLOMERATE INOXGFL Group, with a legacy of over 90 years, is one of the largest business Groups in India. It is a forerunner in diversified business segments comprising fluoropolymer, fluorochemicals, battery chemicals, wind turbines and renewables. The Group cur
Slide 6: Wind O&M Business – Stability with Growth
WIND O&M BUSINESS – STABILITY WITH GROWTH 6
Slide 7: A Stable Annuity Business Proposition
A STABLE ANNUITY BUSINESS PROPOSITION Comprehensive O&M Established track Technology driven Solutions Provider for WTG record in the wind company with focus on and common infrastructure energy O&M industry predictive maintenance O&M contracts of >10 years over reactive maintenance Strong support fro
Slide 8: A Compelling Growth Story
A COMPELLING GROWTH STORY ✓ Provides comprehensive O&M Solutions for WTG and common infrastructure O&M through long-term contracts of 5-20 years ✓ Entering into solar and hybrid project O&M ✓ Presence across India with an established track record of > 10 years and portfolio of ~3.5 GW of O&M assets
Slide 9: Portfolio of ~3.5 GW of O&M Assets
PORTFOLIO OF ~ 3.5 GW OF O&M ASSETS O&M portfolio growth at ~ 40% CAGR since inception 3,477MW 2,750MW 2,362MW 1,082MW 91MW 2019 2022 2024 2013 2016 Key Metrics 1 2 3 4 5 6 3.5 GW > 6 years 5-20 years 3.3 GW Rs 193 cr Rs 93 cr Current Residual Duration of Tenor of O&M Net Order Book of 9M FY25 Reven
Slide 10: An Asset Light Growth Oriented Annuity Business Model
AN ASSET LIGHT GROWTH ORIENTED ANNUITY BUSINESS MODEL Proposed demerger to lighten up balance sheet; Digital Transformation Initiatives of IGESL Focus is on long-term contracts with steady cashflows 24x7 centralized Performance analysis IGESL provides Long-term O&M services for wind farm monitoring
Slide 11: Future Growth Strategy
FUTURE GROWTH STRATEGY IGESL targets to almost double its portfolio to ~ 6 GW by FY26 and ~ 10 GW in the next 3-4 years from ~3.5 GW currently through a mix of organic and inorganic growth Inorganic growth opportunities Portfolio acquisitions: O&M business of inactive/stressed players maintaining ~1
Slide 12: IGESL – ESG Framework
IGESL – ESG FRAMEWORK Business Responsibility & Global Reporting Initiative Standard Sustainability Reporting Sources of emissions Policy Structure & Certifications Scope 1 emissions Includes: Use of diesel • Environment & Energy as part of IMS Total: 1009 tons CO2 equivalent • ISO 14001:2015:- Envi
Slide 13: Macro Environment Entails Significant Wind Capacity Addition Over the Next Decade
MACRO ENVIRONMENT ENTAILS SIGNIFICANT WIND CAPACITY ADDITION OVER THE NEXT DECADE 13
Slide 14: Wind – A Multi-Decadal Growth Story
WIND – A MULTI-DECADAL GROWTH STORY ~ 80 GW of wind capacity to be added in the next 8 years as per the National Electricity Plan – provides visibility of > Rs 6 trn for wind OEMs and a large multi-year opportunity for O&M service providers; 250 GW of RE projects to be awarded over FY24-28 India’s p
Slide 15: Favorable Macro Environment for the Indian Wind Sector
FAVORABLE MACRO ENVIRONMENT FOR THE INDIAN WIND SECTOR 12 GW capacity has been awarded in FY25 for wind / hybrid / India to add > 350 GW of additional RE capacity by 2032 FDRE projects Wind 1.8 GW Wind related Capacity 15.5 GW Awarded in FY25 Hybrid / RTC / 13.6 GW FDRE 2,277 MW Wind Capacity was ad
Slide 16: Key Financials
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Slide 17: Key Financials - Consolidated Income Statement
KEY FINANCIALS - CONSOLIDATED INCOME STATEMENT Figures in Rs crores Particulars Q3 FY25 Q2 FY25 Q3 FY24 Income a) Revenue from operation (net of taxes) 61.1 55.2 60.0 b) Other Income 12.8 9.2 0.6 Total Income from operations (net) 74.0 64.4 60.5 Expenses (a) EPC, O&M, Common infrastructure facility
Slide 18: Thank You
THANK YOU Investor Relations Contact No: +91 120 614 9600 Email : investor@inoxgreen.com Follow us on Social Media: This presentation and the related discussions may contain “forward looking statements” by Inox Green Energy Services Limited (“IGESL” or “the Company”) that are not historical in natur
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