Slide 1: Analyst Meet Presentation cover letter to stock exchanges
tPrl!iltft"lff fl;r f11~s ( ~ fl"( <61 '( "C6T \3EPT) NHPC Limited (A Government of India Enterprise) '!JiR! Phone :______________ _ rn ~-/Ref. No. ________________ _ ~I Date :_________________ NH/CS/199/ 31.05.2019 Manager General Ma nager The Listing Department, The Listing Department M/s BSE Limi
Slide 2: Investor Presentation Financial Year 18-19: March 2019
Clean Power For Every Home INVESTOR PRESENTATION FINANCIAL YEAR 18-19 : MARCH’2019 Salal Power Station, J&K
Slide 3: Presentation Outline
Presentation Outline 2 NHPC Today Financial Highlights Financial Ratios Other Business Initiatives Projects At Glance Our Vision: To be a global leading organization for sustainable development of clean power through competent, responsible and innovative values.
Slide 4: NHPC Today
NHPC-Today 3 Subansiri Lower Project Teesta V, Sikkim NHPC-Energising India With Hydropower
Slide 5: Physical Snapshot
PHYSICAL SNAPSHOT 4 Kishanganga Chutak Installed • Incorporated in 1975 with authorised capital of Rs. 200 crore, Uri II Uri I Nimoo Bazgo Kiru the present authorised capital is Rs.15000 crore (Paid Up Pakal Dul Capacity Salal J&K Dulhasti Capital Rs.10,045 crore) Sewa II Baira Siul Chamera II Parba
Slide 6: Physical Snapshot
PHYSICAL SNAPSHOT Power Stations under Operation-22 Nos. 5 (5551 MW*) Hydro Power is 13% (45399 MW) of Installed Power Stations with Subsidiary (NHDC) - 2 Nos. All India Installed Capacity (356100 MW**) . Capacity (1520 MW) Total Operational Projects – 24 Nos. (7071 MW) NHPC Contribution is 15
Slide 7: Track Record – A Ten Year Digest
NHPC ‘s Track Record – A Ten Year Digest 6 Installed Actual FY’19 Actual FY’18 Capacity Standalone Generation in (M.U) •Country •Country Generation Generation 24410 1376 BU 1308 BU 22038 23683 23275 22973 16960 18606 18683 18923 18386 Under Construction •Share of Hydro •Share of Hydro Power 126 BU P
Slide 8: Financial Highlights
7 Financial Highlights Sewa II, J&K Chamera I, Himachal Clean Power For Every Home
Slide 9: Financial Highlights: Standalone
Financial Highlights : Standalone Particulars FY’19 FY’18 % Change 8 Rs. In Crore 12 Months Qtr-4 12 Qtr-4 12 Qtr-4 Revenue & Expenditure-Analysis Months Months Revenue FY’19 Expenditure FY’19 Revenue from Operation 8161.18 1950.34 6938.22 1137.34 17.63 71.48 Other Income Other Expenses, 10% 19% Oth
Slide 10: Statement of Assets & Liabilities
Statement of Assets & Liabilities Rs. In Crore 9 Equity and Liabilities FY’19 FY’18 Share Holder’s Funds 29214.73 28351.82 Loan Funds-Long Term 17044.63 16728.20 Deferred Tax Liabilities 3610.63 3145.39 Other Long term Liabilities & Provisions 3910.44 1688.94 Current Liabilities & Provisions 5828.94
Slide 11: Debtors Position
Debtors Position Rs. In Crore Total Debtors (in Crs.) 10 S. N. Particulars As on As on As on As on As on 31.03.19 31.12.18 30.09.18 30.06.18 31.03.18 1 Trade Receivables 2623 2627 2490 1811 1097 2 More than 60 days 1575 1894 1339 845 888 (Net of Provn.) Top Five Debtors (in Crs.) Name 31.03.19 31.03
Slide 12: Incentives Position
Incentives Position 11 Comparative Incentive YoY (in Crs.) Rs. In Crore Sl. Particulars FY18-19 FY17-18 Q-1 Q-2 Q-3 Q-4 Total Q-1 Q-2 Q-3 Q-4 Total 1 Secondary - - 40.11 127.45 167.56 - 20.85 46.12 58.17 125.14 Energy 2 Incentives 155.87 155.78 81.76 42.57 435.98 172.37 144.22 9.81 9.08 335.48 3 Dev
Slide 13: Key Financials: FY'19
Key Financials : FY’19 P&L Standalone Balance Sheet Standalone 12 ` In Crore Total Income 9086 Share Capital 10045 EBITDA 6151 Net worth 29215 EBITDA Margin* 68% Long Term Debt 17045 PAT 2631 Cash & Bank Bal. 391 Profit Margin 29% Gross Block 39610 Dividend Pay Out (FY‘19) Rs. 1.46 Per Share/ 56% of
Slide 14: NHPC – Key Ratios
NHPC – Key Ratios 13 S. No. Particulars FY’19 FY’18 Particulars Standalone Consolidated Standalone Consolidated 1. PAT (In Cr.) 2630.55 2595.61 2769.03 2513.90 2. Net-worth (In Cr.) 29214.73 30797.81 28351.82 30041.19 3. No. of Equity Shares 1004.50 1004.50 1025.93 1025.93 4. EPS 2.57* 2.54* 2.70 2.
Slide 15: NHDC Ltd. (Subsidiary) – Snapshots: FY18-19
NHDC Ltd. (Subsidiary) –Snapshots :FY18-19 14 Shareholding Pattern : 51:49 (NHPC : GoMP) Physical Performance 93.64% 93.89% Installed Capacity : 1520 MW 5,000 91.43% 93.26% 4,749 95% 4,000 3,691 94% 90.64% 93% 3,000 1,921 92% Design Energy : 2120.17 MU 2,000 2,933 1,325 91% 1,000 90% 0 89% Generatio
Slide 16: Progressive Physical & Financial Schedule (Hydro)
NHPC –Progressive Physical & Financial Schedule (Hydro) Progressive Physical Chart 15 Progressive Financial Chart - Standalone 25000 21570 Cap. Add. / Cuml. 8251 MW Cap. 2000 20000 15721 Subansiri Lower : 2000 MW 15000 12902 Cap.Add. 21-22/ 6251 MW Cuml. Cap. 800 MW 10000 5849 Parbati II : 800 MW 50
Slide 17: NHPC – CAPEX
NHPC – CAPEX F.Y Amount (Rs. In Remarks 16 Crore) 2014-15 2615 (Actual) 2015-16 2793 (Actual) 2016-17 2438 (Actual) 2017-18 2722 (Actual) 2018-19 2213 (Actual) 2019-20 3806 (BE) Going Forward CAPEX is expected to be higher after resumption of active Construction works at Subansiri Lower Project and
Slide 18: Major Highlights FY'19
NHPC – Major Highlights FY’19 17 CCEA in its meeting held on 07.03.2019 has given its approval for investment sanction for acquisition of M/s Lanco Teesta Power Limited and execution of balance works of Teesta VI H.E. Project 500 MW (4*125 MW) in Sikkim by NHPC Limited with an estimated cost of Rs
Slide 19: Other Business Initiative
18 Other Business Initiative Solar Energy Wind Energy Clean Power For EVERY HOME
Slide 20: Other Business Initiative: Solar Power
Other Business Initiative Solar Power 19 32 MW Solar Power Project in Jalaun, Uttar Pradesh JVC of NHPC Ltd. & UPNEDA namely ‘Bundelkhand Saur Urja Share of NHPC & UPNEDA : >=74:<=26 Limited’ formed on 02.02.2015 Current Status: Signing of PPA under Progress. 63.491 Ha land got transferred from UPNE
Slide 21: Other Business Initiative: Wind Power
Other Business Initiative Wind Power 20 8 MW Wind Power Project in Palakkad District of Kerala 8 MW Wind Farm to be set up in Palakkad District, Kerala. Order issued by KSEB to purchase power from 8 MW Wind Project @ Rs. 4.53/unit or tariff fixed by KSERC, which ever is lower. Current Status : Signi
Slide 22: NHPC Projects At A Glance
21 NHPC Projects At A Glance NHPC-Energising India With Hydropower
Slide 23: NHPC – Projects in Operation
NHPC – Projects in Operation 22 Installed Design Tariff Year of Capital Cost S. No NHPC Project & State Capacity Energy (18-19) Type of the project comm. as on 31.03.19 (MW) (MU) (Rs. /Kwh) 1 Baira Siul (3x60) 180 779.28 1981 209.33 2.04 Run of River (ROR) with small Himachal Pradesh (Sep) pondage 2
Slide 24: NHPC – Projects in Operation… contd.
NHPC – Projects in Operation… contd. 23 Installed Design Year of Capital Cost Tariff (18-19) S.No. NHPC Project Capacity Energy Type of the project Comm. as on 31.03.19 (Rs. /Kwh) (MW) (MU) 11 Teesta-V, (3x170) 510 2572.70 2008 2776.54 2.33 ROR with small pondage Sikkim (Mar) 12 Sewa-II, (3x40) 120
Slide 25: NHPC – Projects in Operation… contd.
NHPC – Projects in Operation… contd. Renewable Energy 24 Installed Design Capital Cost Year of Tariff 18-19 S.No Project Capacity Energy as on Place of Project Comm. (Rs./unit) (MW) (MU) 31.03.2019 1 Wind Power 50 94.25 2016 330.26 3.69* Lakhmana, Jaisalmer 2 Solar Power 50 105.96 2018 286.00 4.41 T
Slide 26: NHPC: Projects Under Construction
NHPC: Projects Under Construction 25 Provisional Installed CCEA Estimated Anticipated Expected Design Type of the Project NHPC Project Capacity Cost (Rs. Crore) Project Cost (Rs. Commissioning Energy (MU) project Expenditure till – (MW) (Price Level) Crore) Schedule Mar’19 (Rs. Crore) Subansiri Lowe
Slide 27: Standalone Projects Under Clearance
NHPC Standalone Projects Under Clearance Installed Design Cost 26 S.No. Projects Capacity Energy (In Crore) Status (MW) (MUs) & PL Kotli Bhel–IA PIB had recommended the project for investment subject to clearance 2321 1 (3x65) 195 1025.50 from Hon’ble SC for Uttarakhand Projects. Decision of Hon’ble
Slide 28: JV Projects Under Clearance
NHPC –JV Projects Under Clearance Installed Projects Under JV Design Energy Cost (In Cr.) 27 S.No Projects Status Capacity (MW) (MUs) & PL Kwar (4x135) J&K (JV between All clearances except Indus Valley Treaty are available. Consent from Govt. 4948 1 NHPC (49%) 540 1975.54 of J&K for waiver of 12% f
Slide 29: Subsidiary Under Clearance
NHPC –Subsidiary Under Clearance Projects Under Subsidiary 28 Installed Design Cost (In Cr.) & S.No Projects Capacity Energy Status PL (MW) (MUs) 1 Loktak D/S (2x33) 66 333.76 1392 JVC formed & Board started functioning. Manipur (Dec18) All statutory clearances of project except CCEA are (JV bet
Slide 30: NHPC – Projects Under Pipeline
NHPC –Projects Under Pipeline 29 Installed Capacity S. No. Projects State (MW) Projects Under FR/DPR Preparation 1 Bursar* Jammu & Kashmir 800 Total 800 *DPR submitted to CEA on 06.01.2017 & the same is under examination at CEA/CWC.
Slide 31: NHPC-Energising India With Hydropower
30 NHPC-Energising India With Hydropower