Power Grid Corporation Of India Limited · NSE:POWERGRID
Power Grid Corporation Of India — Q4 FY2023 Earnings Presentation
29 slides from Power Grid Corporation Of India's earnings presentation, May 22, 2023
Slide 1: Exchange filing cover letter for Investors & Analysts Meet presentation
22nd May, 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; BSE
Slide 2: Transmitting Power for Progress and Prosperity
Transmitting Power for Progress and Prosperity Investor Presentation 22 May 2023 www.powergrid.in 1
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: Performance Highlights
Performance Highlights POWERGRID Overview Major Highlights Performance Highlights Growth Outlook Awards 3
Slide 5: POWERGRID Overview
POWERGRID Overview A “Maharatna’ CPSE 37 Nos Credit Rating Subsidiaries 3rd Largest CPSE Standard & Poor's - BBB- Gross Block1 11 Fitch - BBB - Joint Ventures2 Moody’s – Baa3 Pan India International Transmission Network 04 (At par with Sovereign) Associates 4,000 MW CRISIL - AAA Cross Border ICRA -
Slide 6: POWERGRID Overview - Transmission Assets
POWERGRID Overview Transmission Assets 1,74,113 ckm 272 97,290 MW > 99% 1,459 nos 4,99,360 MVA 85% of India’s System Transmission Lines Sub-Stations IR capacity Availability Transmitting 45% of India’s Power 18 61 161 17 59 >2,90,000 >3,600 HVDC 765kV 400kV SVC/ GIS Transmission Transformers substat
Slide 7: Major Highlights
Major Highlights Acquired 12 ISTS and 1 InSTS companies under TBCB NCT cost : ₹ 11,000 crore Tariff : ₹ 1,214 crore Rated as best utility in Transformers Maintenance and 3rd best utility in Vegetation Management in ITOMS for 2021-22 First time in India 6.6 GW power has been transferred through ±800k
Slide 8: Project Execution
Project Execution Financial Performance – Q1FY21 Q4 FY23 9,212 FY23 7,413 5,252 4,499 3,783 2,110 2,223 1,613 Capex Capitalization Capex Capitalization* Standalone Consolidated Standalone Consolidated (₹ in crore) Capitalization figures. exclusive of FERV * Includes assets capitalised as Finance Lea
Slide 9: Project Execution
Project Execution Financial Performance – Q1FY21 Added 28,990 MVA transformation capacity, 09 S/s, 2,972 ckm Transmission lines Successfully Commissioned POWERGRID Medinipur- POWERGRID Bhuj POWERGRID Rampur POWERGRID Bhind Guna Jeerat Transmission Transmission Limited. Sambhal Transmission Transmiss
Slide 10: Operational Performance
Operational Performance Consistent Track Record 99.82% 99.83% 99.82% Reliability (Trippings per line) 99.79% 0.46 99.71% 0.39 0.35 0.34 0.27 FY19 FY20 FY21 FY22 FY23 FY19 FY20 FY21 FY22 FY23 Availability and Tripping's per line are on standalone basis. 9
Slide 11: ITOMS Ranking
ITOMS Ranking Rated in best performer quadrant for Transmission line & substation maintenance in ITOMS* for 2021-22. One of only 6 such utilities ranked as best performer in both Transmission line & substation maintenance practices. Transmission line Overall Substation Maintenance Overall Ineffe
Slide 12: Adoption of Latest Technologies
Adoption of Latest Technologies Methanol marker Test Kit Commissioned in December 2022. POWERGRID 4th utility worldwide to establish alcoholic marker test facility. This testing kit shall be helpful in early aging detection of transformer/reactors and take proactive action to redress the sam
Slide 13: Financial Performance-Q4FY23
Financial Performance-Q4FY23 Standalone Consolidated Income Growth : 12% Income Growth : 13% PAT Growth* : 10% PAT Growth* : 11% 12,288 12,557 10,942 11,068 4,321 4,214 4,156 4,320 Income PAT Income PAT Q4FY22 Q4FY23 Q4FY22 Q4FY23 (₹ in crore) * excluding Exceptional Item 12
Slide 14: Financial Performance-FY23
Financial Performance-FY23 Standalone Consolidated Income Growth : 9% Income Growth : 9% PAT Growth* : 11% PAT Growth* : 11% 45,968 46,605 42,336 42,698 17,094 16,824 15,333 15,417 Income PAT Income PAT FY22 FY23 FY22 FY23 (₹ in crore) * excluding Exceptional Item 13
Slide 15: Financial Performance (Standalone)
Financial Performance – Q1FY21 Financial Performance Growth Growth Description Q4FY23 Q4FY22 FY23 FY22 (%) (%) S Income - Transmission Charges 11,330 9,816 15% 42,105 38,601 9% T - Consultancy – Services (24) 252 (110)% 509 753 (32)% A - Telecom 189 153 24% 729 580 26% N - Other Income 793 721 10% 2
Slide 16: Financial Performance (Consolidated)
Financial Performance – Q1FY21 Financial Performance Growth Growth Description Q4FY23 Q4FY22 FY23 FY22 (%) (%) C Income O - Transmission Charges 12,109 10,299 18% 44,417 40,372 10% N - Consultancy Services (34) 234 (115)% 436 670 (35)% - Telecom 188 153 23% 728 580 26% S - Other Income 294 382 (23)%
Slide 17: Financial Performance
Financial Highlights –Q1FY21 (Standalone) Financial Performance (₹ in crore, unless stated otherwise) Description Standalone Consolidated as on 31.03.23 as on 31.03.22 as on 31.03.23 as on 31.03.22 Gross Fixed Assets (₹ crore) 2,55,824 2,49,954 2,70,108 2,62,726 Capital Work-in-Progress (₹ crore) 8,
Slide 18: Other Key Financial Information
Other Key Financial Information Description Q4FY23 Q4FY22 FY23 FY22 Surcharge Income (Consol.) 36 193 182 375 Incentive (Consol.) 136 55 544 448 Int. from Subsidiaries & JVs* 306 233 1,116 885 Average Cost of Int. on differential tariff 795 191 1,161 481 Borrowing* Dividend from JVs* 51 36 78 68 7.5
Slide 19: Financial Performance - Dividend
Financial Performance Dividend ( in ₹ crore) Dividend payout as % of PAT 67% Interim Final 10,289 10,289 1,570 3,314 60% 6,801 57% 5,834 54% 5,228 2,093 53% 2,114 1,565 8,719 6,975 4,708 3,663 3,720 (₹ in crore) FY19* FY20 FY21 FY22 FY23 FY19 FY20 FY21 FY22 FY23 * Dividend for the year, includes div
Slide 20: Telecom Performance
Telecom Performance Rs 729 crore CERC approval received for transfer of Telecom Income business to POWERGRID Teleservices Limited. 128 New Customers added Business Segments 99.997% • Leased Lines Backbone availability • MPLS-VPN • Data services 3000 locations • Infrastructure services Pan India Netw
Slide 21: Consultancy Performance
Consultancy Performance Consultancy services to Domestic and International clients. Rs 436 crore Delivering Smart Solutions to both Domestic and Income International clients 09 • State owned utilities, Private utilities, Central Public Sector New International assignments Undertakings, Government de
Slide 22: Commercial Performance
Commercial Performance (Apr’20-Sept’20) Commercial Performance Outstanding dues (at end of Qtr) Billing & Realization (in ₹ crore) ₹ 44,196 cr Billing 3,191 1,909 ₹ 43,688 cr 1,718 Realization 1,855 47.58* 24.49* 44.56* 43.32* 6,043 98.85% 4,138 4,868 2,966 %age Realization Q1FY23 Q2FY23 Q3FY23 Q4FY
Slide 23: Work in Hand
Work in Hand Work in Hand : ~ ₹ 50,000 crore Ongoing RTM Projects New RTM Projects TBCB Projects ₹ 11,500 crore ₹ 25,500 crore ₹ 13,000 crore FY24 Capex Plan : ₹ 8,800 crore RTM TBCB* ~₹ 5,000 crore ₹ 3,800 crore * Incl Others 22
Slide 24: Growth Outlook-Sectoral
Growth Outlook-Sectoral Transmission Opportunities upto 2030 Inter State Transmission System ₹ 1,90,000* cr Intra State Transmission System ~ ₹ 1,96,000* cr Cross Border Interconnection ~ ₹ 20,000* cr Transmission corresponding to 125GW RE capacity addition for Green Hydrogen * Estimated 23
Slide 25: Growth Outlook
Growth Outlook Other Related Opportunities Solar Generation Smart Metering International Data Centre Business Transmission Projects in Developer Mode 24
Slide 26: Awards & Accolades
Awards & Accolades 2022 Platts Global Energy Awards under Association for Talent Development Corporate Impact Award: Critical Response Best Award 2023 for Talent category Development 25
Slide 27: Awards & Accolades
Awards & Accolades India's Top 500 Companies 2022 in Power Top 100 Best Companies to Work for in India in 2022 Transmission & Distribution sector with the unique distinction as the only PSU in Top-100 26
Slide 28: Awards & Accolades
Awards & Accolades CSR World Leader 2022 and International CSR “Best Organization for Women 2023” by Excellence Award 2022 by The Green Organization, Economic Times London, UK. 27
Slide 29: Thank You
Thank You www.powergrid.in 28
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