Td Power Systems Limited · NSE:TDPOWERSYS
Td Power Systems — Q3 FY2015 Earnings Presentation
15 slides from Td Power Systems's earnings presentation, February 2015
Slide 1: TD Power Systems Limited Q3 & 9M Financial Results Presentation
TD POWER SYSTEMS LIMITED December 2014 Q3 & 9M Financial Results Presentation 1
Slide 2: Business Structure
BUSINESS STRUCTURE Manufacturer of AC Generators (Generators of capacities up to 200 MW) o Diversified portfolio customized for a wide range of turbines (steam, gas, hydro and wind) and engines (diesel and gas) o Since inception, manufactured 2,566 generators, including generators exported to 61 Man
Slide 3: State of the Art Manufacturing Facilities and Cost Efficient Production
State of the Art Manufacturing Facilities and Cost Efficient Production Manufacturing units with advanced machines help in delivering competitively priced products with the highest quality standards Unit I - 157,624 sq ft ISO 9001:2008 compliant Core building, Coil making, Winding & Machining Impreg
Slide 4: Financials: FY15 Q3
FINANCIALS : FY15 Q3 Particulars – Rs Millions FY15 Q3 FY14 Q3 Y-on-Y Change Total Income 4,255.26 3,254.33 30.76% EBITDA 276.04 319.37 (13.57%) Margins (%) 6.5% 9.8% Depreciation 217.06 109.25 98.69% Interest 26.96 24.81 8.65% PBT 32.03 185.31 (82.72%) Tax 46.90 100.42 (53.29%) PAT (14.88) 84.89 (1
Slide 5: Pending Order
PENDING ORDER 1,591, Domestic Export 42% Manufacturing 2,155, Rs. 3,746 Million 58% 1,591, 28% Projects Business Rs. 1,586 Million 1,586, 4,183, 100% 72% EPC Business Total Order Book Rs. 442 Million Rs. 5,774 million 442, 100% 5
Slide 6: Revenue Analysis
REVENUE ANALYSIS * Prior to inter-segment and inter-company eliminations Total Revenue * Rs. 4,423 million 888 , 33% Domestic Export Manufacturing Revenues* 1,790 , Rs. 2,678 million 67% 1,018 , 23% 130 , 22% Projects Business Revenues Rs. 588 million 458 , 78% 3,405 , 77% EPC Business Revenues Rs.
Slide 7: Business Segment: Manufacturing
BUSINESS SEGMENT: MANUFACTURING Business highlights AC Generators for various applications One of the leading manufacturers of AC Generators in the Turbines range of 1 MW up to 200 MW for prime movers such as Steam Gas Hydro Wind steam & gas, and upto 52 MW for hydro, wind turbines, Up to 200 MW C
Slide 8: Business Segment: Manufacturing - Product portfolio and customer base
BUSINESS SEGMENT : MANUFACTURING Product-wise sales (%) Key end user industries (%) 100% 2.5% 3.76% 0.77% 2.91% 5.38% 5.34% 11.36% 6.21% 6.89% 90% 10.16% 25.6% 8.07% 5.85% 35.1% 80% 38.8% 19.70% 23.11% 46.5% 70% 60.8% 23.1% Others 38.79% Others 60% 19.3% Metal Diesel 50% 10.8% 83.69% 40% 23.1% 38.8%
Slide 9: Business Segment: Project Business
BUSINESS SEGMENT : PROJECT BUSINESS Business highlights TG Projects for steam turbine power plants with output capacity of up to 52 MW done under TD Power Systems Ltd DF Power Systems Private Ltd, a wholly owned subsidiary, executes EPC projects for steam turbine power plants with output capacit
Slide 10: Financial Track Record: Segmental Revenues
Financial Track Record Segmental Revenues Consolidated (Rs Mn) Consolidated 4,500 4,000 3,500 3,000 2,500 2,000 1,500 1,000 500 - FY11 FY12 FY13 FY14 FY15Q3 Manufacturing 3,480 4,115 2,940 3,259 2,678 Project Business 1,643 2,621 1,682 613 588 EPC 3,758 4,166 1,633 1,218 1,157 Manufac turin g Projec
Slide 11: Financial Track Record: Segmental EBITDA
Financial Track Record Segmental EBITDA Consolidated (Rs Mn) Consolidated 800 700 600 500 400 300 200 100 - (100) (200) FY11 FY12 FY13 FY14 FY15 Q3 Manufacturing 674 734 447 482 253 Proj ect Business 88 155 159 61 103 EPC 191 261 64 (119) (138) Manufac turin g Project B usiness EPC 11 Segmental reve
Slide 12: P & L Snapshot
P & L Snapshot Consolidated Rs Mn FY11 FY12 FY13 FY14 FY15 Q3 Sales 8,637 10,316 5,871 4,802 4,104 EBITDA 894 919 495 198 125 Depreciation (incl. Amortization) 80 91 124 150 217 EBIT 814 827 371 49 (93) Other Income 109 224 308 341 152 Interest and Finance Charges 67 66 34 36 27 PBT 856 986 644 354
Slide 13: Balance Sheet Snapshot
Balance Sheet Snapshot Consolidated As on Rs Mn Mar-11 Mar-12 Mar-13 Mar-14 Dec-14 Source of Funds 2,800 5,035 5,348 5,851 5,816 Net Worth 1,873 4,603 4,941 5,076 5,040 Minority Interest Borrowings 856 346 270 630 618 Deferred Tax Liability 72 85 137 146 158 Uses of Funds 2,800 5,035 5,348 5,851 5,8
Slide 14: Shareholding Structure
SHAREHOLDING STRUCTURE Shareholding % TDPS stock price movement 190 2.12% 10.66% 170 150 Promoters 130 17.10% DII 110 54.05% FII Companies 90 Individual 70 16.07% 50 6-Sep-11 6-Sep-12 6-Sep-13 6-Sep-14 8-Sep-11 10-Feb-15 TDPS BSE_SENSEX BSE_CG As on Dec 31, 2014 Key Institutional Shareholding Sequoi
Slide 15: Thank You
THANK YOU