Ptc India Financial Services Limited · NSE:PFS
Ptc India Financial Services — Q2 FY2024 Earnings Presentation
32 slides from Ptc India Financial Services's earnings presentation, Oct 30, 2023
Slide 1: Investor presentation intimation letter to exchanges
Dated: October 30, 2023 Manager Manager Listing Department Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Dalal Street, Exchange Plaza, C-1, Block G, Mumbai- 400001 Bandra- Kurla Complex, Bandra (East), Scrip Code : 533344 Mumbai- 400051 Scrip Symb
Slide 2: Q2FY24 Investor Presentation
We Bring Lifeline To Clean, Sustainable Infrastructure Q2FY24 INVESTOR P R E S E N TAT I O N
Slide 3: Table of Content
PFS at a Glance 3 Our Purpose 7 Products and Services 8 Business Model 10 Navigating the Next Strategy 11 Risk Management System 12 Our Clientele 15 TABLE OF CONTENT Financials 16 Operational Performance 21 Corporate Social Responsibility 28 Shareholder Information 30
Slide 4: PFS at a glance
PFS at a glance ₹ 7,175 Crore Diversifying into sunshine sectors like 38.58% Loan Assets for Q2FY24 1. Electric Vehicle Mobility (494 EV), Capital Adequacy Ratio for Q2FY24 2. Water Treatment Projects (362 million liters per day) 3. Renewable Projects (around 15,000 MW), 1.94 Times 4. Power Transmis
Slide 5: Quarterly Snapshot
Quarterly Snapshot PBT & PAT (₹ In Cr) Yield on Earning Portfolio & Capital Adequacy Ratio 79.99 PFS has provided financial assistance 59.77 38.58% 49.24 34.90% 36.76 for renewable projects of around 10.77% 10.89% 14,858 MW with carbon abatement of 25 million tons per annum - a Yield on Earning Capi
Slide 6: About PFS
About PFS PTC India Financial Services Limited (PFS) is an infrastructure finance company which provides a vast array of services to the entities in energy value chain. The Company invests in equity and/or extending debt to power projects in generation, transmission, distribution, and fuel sources,
Slide 7: Milestones Over The Years
Milestones Over The Years 2008 2011 2017 2021 Goldman Sachs and PFS completes Initial Preferential allotment to Foray into EV Macquarie acquired Public Offer (IPO), ECBs PTC India Limited Sector stake in PFS from DEG and IFC 2006 2010 2015 2019 PFS incorporated as a subsidiary PFS classified as PFS
Slide 8: Our Purpose
Our Purpose We extend our support to FINANCE ENVIRONMENT-FRIENDLY PROJECTS which contribute towards GREENER SUSTAINABLE STRONGER Q2FY24 Investor Presentation 7
Slide 9: Products & Services
Products & Services PFS offers various investment and financing products/solutions to infrastructure and power projects, the details are illustrated in the graphic below: PFS provides debt finance in the form of Long Term Loan, Short Term Loan as well as Bridge Financing to the projects in the entir
Slide 10: Key Functions of the Company
Key Functions of the Company Interest Rate Asset Liability Mechanism Management Treasury and Resource Early Warning Mobilization System Underwriting and Business Syndication Development & Credit Credit Appraisal and Advisory Monitoring Services Risk Corporate Management Services Senior Management Te
Slide 11: Business Model
Business Model Robust credit appraisal Seamless operational Maintain adequate management system and risk management liquidity and focus on processes system cash flow generation System for effective Enhanced focus on Early monitoring of compliance Warning Signal and of loan conditions Stress Resoluti
Slide 12: Navigating the next strategy
Navigating the next strategy Financing a number of green Implementation of integrated Strategize and adopt infrastructure projects to framework systems and alternative sources of support growth processes with technical funding capabilities Leveraging existing Adopting a customer- Enhancing financial
Slide 13: Risk Management System
Risk Management System Credit Risk Management Implementation of Internal Credit Grading mechanism which captures sector specific risk related parameters during the entire loan-life cycle (i.e. pre-construction and post construction). Implementation of Early Warning System which has been integrated w
Slide 14: Management Outlook
Management Outlook PFS is focused on its stance of progressive growth and stability through the enhancement of its products and quality of the portfolio. We are focused to sustainable green infrastructure finance, sunshine sectors and retail green financing. This reiterates our resolve of achieving
Slide 15: Carbon Neutral; Marching Towards Sustainability
Carbon Neutral; Marching Towards Sustainability Renewables Assisted in clean Road and Railways Assisted energy generation through 14858 MW in 157 km of Rail & Road network ₹ 30,233 Crore ₹ 3,798 Crore E-Mobility 494 Electric Water Assisted in Buses for public transportation 362 MLD of water treatmen
Slide 16: Our Marquee Clients
Our Marquee Clients Partnering with leading players in green infrastructure development Q2FY24 Investor Presentation 15
Slide 17: Financials
Financials
Slide 18: Comfortable Cash Flows
Comfortable Cash Flows As on 27th October 2023 Company is having liquid funds of ~ ₹ 420 Crores including HQLA amount ₹ in Crore 2,746.10 2,413.35 1,025.43 944.02 670.84 484.49 459.53 455.51 405.87 509.17 487.33 154.58 Upto 3M 3M-6M 6M-1Y 1Y-3Y Total Inflows Total Outflows Net Cash Flows/Cumulative
Slide 19: Key Balance Sheet Indicators
Key Balance Sheet Indicators Quarter ended 30th Quarter ended 30th Quarter ended 30th Particulars H1 FY24 H1 FY23 FY 23 September, 2023 June, 2023 September, 2022 - 305.00 1,160.00 Loan Sanctioned (₹ Crs) 305.00 1,160.00 3,854.00 78.00 332.00 1,041.00 Loan Disbursed (₹ Crs) 410.00 1,061.00 2,253.00
Slide 20: Key Operational Indicators
Key Operational Indicators Quarter ended 30th Quarter ended 30th Quarter ended 30th Particulars H1 FY24 H1 FY23 FY 23 September, 2023 June, 2023 September, 2022 81.46 80.04 84.00 Net Interest Income (₹ Crs) 161.50 170.02 334.66 10.89 10.77 10.58 Yield on Earning Loan (%) 10.83 10.54 10.51 8.48 8.35
Slide 21: Results Overview
Results Overview Quarter ended 30th Quarter ended 30th Quarter ended 30th Particulars H1 FY24 H1 FY23 FY 23 September, 2023 June, 2023 September, 2022 188.12 188.51 190.78 Interest Income (₹ Crs) 376.63 389.54 766.57 201.81 193.23 195.84 Total Income (₹ Crs) 395.04 403.05 797.08 107.23 108.61 107.03
Slide 22: Operational Performance
Operational Performance
Slide 23: Operational Performance – Sector Wise Outstanding
Operational Performance – Sector Wise Outstanding ₹ in Crore 2,352 2120 2099 2078 1,990 2,039 1,836 1832 1718 1754 1,617 1596 1550 1478 1,2671,225 1,017 786 749 573 632 586 477 476 476487 476 476 287 187 156 174 172 30 30 2Q 2023 3Q 2023 4Q 2023 1Q 2024 2Q 2024 Renewable Transmission Sustainable Inf
Slide 24: Operational Performance – Corporate Loan under respective sector
Operational Performance – Corporate Loan under respective sector ₹ in Crore 3,059 2,975 2,864 2,904 2,829 625 679 679 679 498 391 388 388 143 179 142 229 142 142 142 2Q 2023 3Q 2023 4Q 2023 1Q 2024 2Q 2024 Renewable State Power Utility Thermal & Hydro Other* Total 3,811 3,928 4,116 4,184 4,038 * Oth
Slide 25: Portfolio Shift – Sector Wise Credit Portfolio %
Portfolio Shift – Sector Wise Credit Portfolio % 2% 4% 7% 6% 8% 8% 7% 6% 6% 7% 26% 25% 23% 25% 24% 16% 14% 11% 10% 9% 0% 2% 2% 2% 0% 17% 22% 22% 21% 21% 31% 28% 29% 28% 29% 2Q 2023 3Q 2023 4Q 2023 1Q 2024 2Q 2024 Renewable Transmission Sustainable Infra Road State Power Utility Thermal & Hydro Other
Slide 26: Key Ratio Movement
Key Ratio Movement In % 10.77 10.89 10.58 10.61 10.35 8.35 8.48 8.11 7.46 7.66 4.34 4.35 4.33 4.46 4.00 3.14 2.69 2.50 2.42 2.41 Q2 FY23 Q3 FY23 Q4 FY23 Q1FY24 Q2FY24 Yield Cost of funds NIM Spread Q2FY24 Investor Presentation 25
Slide 27: Stage 3 as on September 2023
Stage 3 as on September 2023 Gross Loan Provision Net Exposure Impairment Reserve Loan Account (in ₹ Cr) (in ₹ Cr) (in ₹ Cr) (in ₹ Cr) Danu Wind Park Private Limited 275.76 49.64 226.12 66.23 IL&FS Tamil Nadu Power Company Limited 243.81 94.78 149.03 149.03 Meenakshi Energy Private Limited 150.00 97
Slide 28: Credit Standing Snapshot
Credit Standing Snapshot Company is having adequate liquidity in the form of HQLA, ₹ in Crore 01 liquid assets and undrawn credit lines to meet any 275 contingency. 30-Sep-23 720 996 02 Exploring to enhance relationship with existing bankers and establishing with new lenders, domestic as well as 300
Slide 29: Corporate Social Responsibility
Corporate Social Responsibility HLFPPT– MHC (Awareness Session) HLFPPT– MHC (OPD) MOU with IIT Roorkee for supporting their MOU with Sankalp Cancer Care Foundation drinking water quality Lab for PFS support for Mammography machine Check Dams Gratitude Certificate Waste management CIIF-Community wast
Slide 30: Functional Board of Directors
Functional Board of Directors Nominee Directors MR. MAHENDRA LODHA DR. RAJIB KUMAR MISHRA MR. PANKAJ GOEL Director Finance & CFO / MD & CEO (Additional Charge) Non Executive Chairman Nominee Director Independent Directors MS. SEEMA BAHUGUNA MR. NAVEEN BHUSHAN GUPTA MS. PV BHARATHI Independent Direct
Slide 31: Shareholder Information
Shareholder Information Stock Information (As on 27th October, 2023) Top Shareholders (As on 30th September,2023) Market Cap (₹ In Crore) 1,750.22 PTC India Limited 64.99% Stock Price (₹) 27.25 52 Week (High/Low) (₹) 12.25/31.40 Life Insurance Corporation of India 2.11% NSE/BSE Symbol PFS/533344 Mor
Slide 32: Thank You
Thank You Abhinav Goyal - Vice President PTC India Financial Services Ltd 7th Floor Telephone Exchange Building, Fax: +91 11 26737373 / 26737374 Email: abhinav.goyal@ptcfinancial.com 8 Bhikaji Cama Place, New Delhi - 110 066 INDIA Email: info@ptcfinancial.com Tel: +91 11 2673 7300 / 2673 7400 Contac
PTC India Financial Services — Q2 FY2024 Earnings Presentation on 6ix