Hitachi Energy India Limited · NSE:POWERINDIA
Hitachi Energy India — Q1 2021 Earnings Presentation
17 slides from Hitachi Energy India's earnings presentation, May 5, 2021
Slide 1: Exchange filing cover letter
HITACHI May 5, 2021 BSE Limited National Stock Exchange of India Limited P.J. Towers Exchange Plaza, 5th Floor Dalal Street Plot No. C/1, G Block Mumbai 400 001 Bandra-Kurla Complex, Sandra (E) (Atten: DCS Listing) Mumbai 400 051 (Atten: Manager Listing Department) Dear Sirs Subject: Presentation to
Slide 2: Q1 2021 – Analyst Call
I PUBLIC HITACHI l Q1 2021 – Analyst Call ABB Power Products and Systems India Ltd. POWERING GOOD FOR SUSTAINABLE ENERGY HITACHI ABB POWER GRIDS 2021-05-05 © Hitachi ABB Power Grids 2021. All rights reserved
Slide 3: Important notices
Important notices HITACHI Jl 1111 111100 This presentation includes forward-looking information and statements including statements concerning the outlook for our businesses. These statements are based on current expectations, estimates and projections about the factors that may affect our future pe
Slide 4: Safety: Our license to operate
Safety: Our license to operate HITACHI ,~II 12 mn safe man hours in Grids and Power Quality Protect our people – three focus areas Solutions (substation execution business) INCIDENTS 12 Million Manhours 135 Project Sites - YEARS AND COUNTING ... 89%+ of eligible employees have been vaccinated throug
Slide 5: Top-line stability despite COVID-19 headwinds
Top-line stability despite COVID-19 headwinds HITACHI ,~II Orders INR 848.9 cr t 2.8% QoQ • (9.1)% YoY Key order wins ▪ INR 117cr 400kV GIS substation order from BALCO Revenue INR 1,023.8 cr • (1.9)% QoQ t 26.2% YoY ▪ INR 160cr orders from rail customers including Chittaranjan Locomotive and PBT (be
Slide 6: Sustaining value creation in a challenging quarter
Sustaining value creation in a challenging quarter HITACHI Jl 1111 111100 Energy & Digital World: Working through the INR 124 crore project win from BALCO – for Cyber security audit and implementation energy transition by collaboration reliable power performance across distribution network in Mumbai
Slide 7: EconiQ in action – Eco-efficient High Voltage Products
EconiQ in action – Eco-efficient High Voltage Products HITACHI Jl 1111 111100 >50% reduction of CO2-equivalent emissions throughout the Gas-insulated Game changing total lifecycle switchgear (GIS) ELK-04, 145 kV technology for SF6 Over a decade of innovation in eco-efficient technologies alternative
Slide 8: Markets & performance
Jl 1111 HITACHI ,.,1111 Markets & performance HITACHI ABB POWER GRIDS © Hitachi ABB Power Grids 2021. All rights reserved 7
Slide 9: 2nd wave of COVID-19 threatens economic recovery
2nd wave of COVID-19 threatens economic recovery HITACHI Jl 1111 111100 Macro-economic snapshot High Frequency Indicators* Mar111dac urr11g PMI Holds steady ▪ COVID-19 Second wave in the country. Daily cases cross 380k mark and rising ▪ Supply chain disruption due to lockdown, night curfew and restr
Slide 10: Order distribution: Balanced across segments and channels
Order distribution: Balanced across segments and channels HITACHI Jl 1111 111100 Q1-2021 Performance in Vision 2025 focus areas SEGMENTS Q1-2020 Renewables (Solar + Power Quality Wind) Reliable power for all Increased electrification of 0% 20% 40% 60% 80% 100% ~1 GW of cumulative solar orders indust
Slide 11: Orders and revenue normalize
Orders and revenue normalize HITACHI Orders reflects impact of one-time large orders in Q12020 Revenue up 26% yoy Large Lar-ge Orders* Or-der s:t 969.8 847.0 1,023.8 898.0 848.9 866.5 908.0 811.0 282.0 670.1 26% -9% -11% 6% 39% -6% 12% 652.2 -25% Q1/17 Q1/18 Q1/19 Q1/20 Q1/21 Q1/21 Q1/17 Q1/18 Q1/19
Slide 12: Services and exports maintain trend
Services and exports maintain trend HITACHI Jl 1111 111100 Growth in service orders Exports reflecting dampening effect of COVID19 Digital connect: ▪ Supply of power transformers to Transeleca Colombia ▪ Order for 24/7 Phone Support for HVDC link in western India ▪ Substation package South African m
Slide 13: Profit & Loss Statement
Profit & Loss Statement HITACHI Jl 1111 111100 INR crore 12M 2020 Performance Indicator Q1, 2021 Q4, 2020 QoQ % Q1, 2020 YoY% 3,217.7 Total Orders Received 848.9 826 2.77 934.2 -9.13 4,954.8 Order Backlog (end of period) 4,777.7 4,954.8 5,192.2 3,438.9 Revenue 1,023.8 1043.7 (1.91) 811 26.24 171.8 P
Slide 14: Investing in our capabilities to expand and penetrate our markets
Investing in our capabilities to expand and penetrate our markets HITACHI Jl 1111 111100 Traction Transformer expansion, Savli1 Capacitor expansion, Bangalore PowerREC - Remote reliability care Transformer Bushing expansion, Increased localization in AIS & GIS feeder center, Bangalore Maneja factori
Slide 15: Navigating through the maelstrom
Navigating through the maelstrom HITACHI Jl 1111 111100 ~ ,,,, 0 -0- ,, I ' IQ\ 0 0 :::r::- 0- 0 Growth levers Strategy Execution People Rail, renewables, data centers Focus on high growth segments Continuous quality improvement Safety – drive vaccination, reiterate COVID19 appropriate Industries un
Slide 16: Electricity will be the backbone
Towards a carbon-neutral vision HITACHI Jl 1111 111100 01 Fast facts So what? Accelerated shift from Electricity demand Digital and energy fossil-based to renewable platforms are Electricity power generation will more than needed… triple by 2040* will be the …to manage the Electrification backbone 0
Slide 17: Powering good for sustainable energy
HITACHI ,.,1,1, Jl It It POWERING GOOD FOR SUSTAINABLE ENERGY HITACHI ABB POWER GRIDS © Hitachi ABB Power Grids 2021. All rights reserved 16