Orient Green Power Company Ltd · NSE:GREENPOWER

Orient Green Power — FY2016 Earnings Presentation

18 slides from Orient Green Power's earnings presentation, March 2016

  1. Slide 1: FY16 Results: Leading Diversified Renewable Energy Generation Company

    FY16 Results Leading Diversified Renewable Energy Generation Company

  2. Slide 2: Disclaimer

    Disclaimer Certain statements in this presentation concerning our future growth prospects are forward looking statements, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties

  3. Slide 3: Financial & Operational Highlights – Mar 2016

    Financial & Operational Highlights – Mar 2016

  4. Slide 4: Key Highlights

    Key Highlights  The initiatives to elevate the operating profile of the business have shown initial results as the EBITDA Margin improved by 349 basis points to 51.3% in FY16 compared to 47.8% in FY15.  The Operational EBITDA in Q4FY16 increased 3.5 times to Rs. 238 million compared to Rs. 68 mill

  5. Slide 5: Performance Update

    Performance Update  Grid availability during FY16 was around 77.2% against 81.8% in FY15. Generation during FY16 was affected by low wind during the wind season and low grid availability during Q1 & Q3.  FY16 Revenues of Rs. 3,456 Million, down by 20.5% (Y-o-Y), were impacted by trends in both bus

  6. Slide 6: Outlook

    Outlook  Grid availability significantly improved in Tamil Nadu during April and the first half of May 2016 to 100% - this bodes well for FY2016-17.  The Company is in the process of finalising a 5:25 scheme with existing bankers to extend the tenure of eligible loans by 17 years, i.e. upto 2033.

  7. Slide 7: Financial Performance – Q4 & FY16 (Consolidated)

    Financial Performance – Q4 & FY16 (Consolidated) Rs. Million Q4 FY16 Q4FY15 Q-o-Q FY16 FY15 Y-o-Y Sale of Power 674 790 -14.7% 3,456 4,349 -20.5% Other Operating Income 69 113 -38.9% 426 576 -26.2% Total Income 743 904 -17.8% 3,882 4,926 -21.2% Expenditure Cost of biomass fuel 176 347 -49.2% 547 1,0

  8. Slide 8: Balance Sheet as on March 31, 2016 (Consolidated)

    Balance Sheet as on March 31, 2016 (Consolidated) Rs. Million EQUITY AND LIABILITIES As on 31.03.2016 As on 31.03.2015 Shareholders' Funds 7,398 5,681 Reserves and Surplus 28 2,579 Minority Interest 77 81 Non Current Liabilities Long term bank borrowings 12,148 14,041 Loans from Promoters 4,712 4,65

  9. Slide 9: Renewable Energy Certificates

    Renewable Energy Certificates  Trading volumes during the quarter firmed up considerably as has been the trend in Q4 of each financial year given the deadline for compliance.  REC trading has been stable and continuous through the year with no major increase. However, the trend is favourable given

  10. Slide 10: REC Trading and Revenue – April 2015 to March 2016

    REC Trading and Revenue – April 2015 to March 2016 REC Trade Results - Consolidated (IEX + PXIL) Market Clearing REC traded from Market Share of REC Revenue Average Price Month Volume - Non OGPL Projects OGPL (%) (Rs. Lacs) (Rs./ REC) Solar Apr – 15 55,612 2,244 4.00% 34 1,500 May – 15 256,579 10,84

  11. Slide 11: Wind Operations

    Wind Operations [pe

  12. Slide 12: Wind Operations

    Wind Operations Unit of Particulars Q4FY16 Q4FY15 FY16 FY15 Measurement Capacity Mw 425 428 425 428 Units Generated (Gross) Mn 81 81 559 645 Annualized PLF % 9 9 15 17 Average Gross Realisation (before charges Rs./ Unit 5.28 5.68 5.50 5.52 and without REC)  The wind sites in Gujarat (29 Mw) perform

  13. Slide 13: Capacity Expansion

    Capacity Expansion Wind States Capacity (Mw) Remarks Andhra Pradesh 43.5 To be operationalised between Dec 2016 and March 2017 Madhya Pradesh 14.0 On Hold TOTAL 57.5 Plans and dates are merely indicative based on current assumptions and projections and are subject to change 13

  14. Slide 14: Biomass Operations

    Biomass Operations Y 7. D) ( r=, NZ

  15. Slide 15: Existing Biomass Operations

    Existing Biomass Operations Unit of Particulars Q4FY16 Q4 FY15 FY16 FY15 Measurement Capacity (operational during the year) Mw 59.5 81.5 90.5 98.0 Units Exported Mn 49.1 61.2 143.8 225.1 PLF % 50.4 41.8 21.8 30.7 Average Realisation Rs./ Unit 6.15 6.77 6.61 6.33 Specific Fuel Consumption per unit Kg

  16. Slide 16: Existing Projects – Biomass power plants

    Existing Projects – Biomass power plants Name Capacity Location Fuel Sale Model Blended Gross tariff (Rs./ KwH) Q4 Q3 Q2 Q1 Q4 FY16 FY16 FY16 FY16 FY15 Kishanganj 8 Rajasthan Mustard Husk Grid 100% 6.72 6.81 6.81 6.52 6.52 Madhya Narsinghpur 10 Bagasse Grid 100% 5.45 5.32 5.32 5.32 5.32 Pradesh Must

  17. Slide 17: Capacity Expansion Trend

    Capacity Expansion Trend BUSINESS 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 WIND 179.5 305 339 424 428 425 BIOMASS 40.5 61 61 86 106 106 TOTAL 220 366 400 510 533 530 17

  18. Slide 18: Leading Diversified Renewable Energy Generation Company

    Leading Diversified Renewable Energy Generation Company

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