Hindustan Petroleum Corporation Limited · NSE:HINDPETRO

Hindustan Petroleum — Investor Presentation (June 2019)

44 slides from Hindustan Petroleum's investor presentation, Jun 20, 2019

  1. Slide 1: Filing cover letter to stock exchanges

    Tegan tetera arabes feartres CHP) (Ra AER sae) Wares aiiftre : 17, wastactt cet te, Had - 400 020. na HINDUSTAN PETROLEUM CORPORATION LIMITED (A GOVERNMENT OF INDIA ENTERPRISE) REGISTERED OFFICE : 17, JAMSHEDJI TATA ROAD. MUMBA! - 400 020. 17, PRES eet We,. Ure afert A. - 11044, Fas - 400 020, ERs -

  2. Slide 2: Presentation to Investors

    Presentation to Investors 20th June 2019 Mumbai Delivering Happiness 1

  3. Slide 3: Disclaimer

    Disclaimer The information contained in this material have been obtained from sources believed to be reliable, but no representation or warranty express or implied, is made that such information is accurate or complete and it should not be relied upon as such. The information contained in this mater

  4. Slide 4: Origin of HPCL

    Origin of HPCL 1979 1978 1974 Merger of 1969 Merger of Kosan Gas Company 1962 Amalgamation Caltex undertaking into HPCL 1955 Commissi- of ESSO and Lube India to in India into HPCL 1952 StanVac oning of Lube India form HPCL operations Ltd. Incorp. of taken over Caltex Oil by ESSO Incorp. of Refinery

  5. Slide 5: Global Rankings & Ratings

    Global Rankings & Ratings Rankings # 58 Ratings BBB- (Stable) Baa2 (Stable) 4

  6. Slide 6: Business Portfolio

    Business Portfolio • Mumbai: Fuels (7.5 MMTPA) & Lubes (428 TMTPA) Refinery • Visakh: Fuels (8.3 MMTPA) Refinery Refining • Green R&D Centre, Bengaluru Retail 15.8 MMTPA LPG Direct Sales E&P Marketing Lubes 7 Blocks# 38.7 MMT Aviation Natural Gas • Operating thru M/s Prize Petroleum, a Renewables wh

  7. Slide 7: HPCL supply infrastructure

    HPCL supply infrastructure Terminals / TOPs Depots* LPG Plants ASFs 42 75 49 43 Lube Blending Description As of 31.03.2019 Plants POL Tankage 4.1 MMT LPG bottling capacity 5.1 MMTPA Lube blending capacity 305 TMTPA QC Labs 45 Nos. 6 Strategically located State-of-Art Infrastructure with robust techn

  8. Slide 8: Marketing: Touching lives Everyday

    Marketing : Touching lives Everyday Customer touch points Market Sales ▪ Retail outlets = 15,440 35.2 36.9 38.7 0.5 0.7 0.7 ▪ LPG Distributors = 5,866 ▪ SKO / LDO Dealerships = 1,638 38.0 34.7 36.2 ▪ CNG facilities at Retail outlets = 305 ▪ Lube Distributors = 274 2016-17 2017-18 2018-19 ▪ CFAs = 10

  9. Slide 9: POL Pipelines network of HPCL

    POL Pipelines network of HPCL Note: Following 2 operational P/ls are not shown in map LPG Pipeline 1. Bathinda – Ramanmandi P/L (30 Kms; 2.1 MMTPA) Liquid POL Pipeline 2. Bahadurgarh - Tikrikalan P/L (14 Kms – 2 spurs; 0.75 MMTPA) Ramanmandi – Bahadurgarh P/L Bathinda Refinery 4 243 Kms; 4.7 MMTPA B

  10. Slide 10: 2018-19 Performance

    2018-19 Performance Highest ever Market Sales : 38.71 MMT Sales Growth : 5% Highest ever Refining Thruput : 18.44 MMT Highest ever Pipeline Thruput : 21.53 MMT India’s No.1 Lube Marketer : 650 TMT Profit after Tax of Rs. 6,029 crore 9

  11. Slide 11: Performance over the years

    Performance over the years Crude Thruput (MMT) 45 Sales (MMT) 7,000 PAT (Rs. Crore) 6,209 40 38.7 36.9 6,357 6,029 6,000 34.2 35.2 35 32.0 5,000 30 (Rs. Crore) (MMT) 25 4,000 3,726 20 2,733 17.8 18.3 18.4 3,000 16.2 17.2 15 2,000 10 1,000 5 0 0 2014-15 2015-16 2016-17 2017-18 2018-19 (Note: PAT from

  12. Slide 12: Financial Performance trend

    Financial Performance trend Profit after Tax (Rs Crore) 6,209 6,357 6,029 3,726 2,733 2014-15 2015-16 2016-17 2017-18 2018-19 Net Worth (Rs Crore) 28,175 23,948 20,347 16,022 17,970 2014-15 2015-16 2016-17 2017-18 2018-19 11

  13. Slide 13: Total Debt - Equity Ratio

    Total Debt - Equity Ratio Total Debt - Equity Ratio 1.27 1.18 1.04 0.97 0.88 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 (Rs. crore) Short term 2,200 3,887 10,891 10,762 13,793 Long term 18,135 17,280 10,357 10,229 13,447 Total 20,335 21,167 21,250 20,991 27,240 Borrowings Net Worth 16,022 17,970 2

  14. Slide 14: Consolidated Net Profit

    Consolidated Net Profit Consolidated PAT (Rs. Crores) 8,236 7,218 6,691 4,675 1,499 2014-15 2015-16 2016-17 2017-18 2018-19 Consolidated Net Profit of over Rs. 6,500 crore for the third consecutive year 13

  15. Slide 15: Refineries

    <3 REFINERIES

  16. Slide 16: Mumbai Refinery Growth – 1954 to 2018

    MumbaiMR (FR) Growth – 1954 to 2018 Refinery 2014 DHT Block 7.5 MMTPA 2009 GFEC Block Comm. 2000 6.5 MMTPA DHDS Block 1985 5.5 MMTPA Expansion 5.5 MMTPA 1974 HPCL Formed 1962 (ESSO/Lube ESSO Stan. India Ltd) 1954 Refining Co. 3.5 MMTPA Stan. Vac. 1.25 MMTPA Refining Co. 1.25 MMTPA 15

  17. Slide 17: Lube Refinery Mumbai Growth – 1969 to 2018

    MR (LR)atGrowth Lube Refinery Mumbai– 1969 to 2018 2013 PDA Revamp (428 TMTPA) 2011 LOUP 1995 Comm. 428 TMTPA Lube 1983 Refinery Expansion to Lube 335 TMTPA Refinery 1974 Revamp to HPCL 225 TMTPA Formed 1969 (ESSO/Lube Lube India India Ltd) Ltd. 3.5 MMTPA 165 TMTPA 16

  18. Slide 18: Visakh Refinery

    VISAKH REFINERY 2014 8.3 MMTPA 2010 DHT Facilities 8.3 MMTPA 1999 MS Block Expansion Facilities 1985 to 7.5 MMTPA & DHDS Expansion to 1978 4.5 MMTPA Integrated 1976 with HPCL Nationalized 1.5 MMTPA 1957 Caltex 0.675 MMTPA 17

  19. Slide 19: Crude Oil Receipts

    Crude Oil Receipts Very Large Crude Carrier– 2 million barrels Suez Max (partly loaded) - 0.75 million barrels 18

  20. Slide 20: Visakh Crude receiving facilities

    Visakh Crude receiving facilities ISPRL Storage Capacity (Cavern-A): 1.03 Million Tons Visakh Refinery 36 inch pipeline 42 inch pipeline 48 inch pipeline HPCL Storage capacity (Cavern-B): 0.3 Million Tons Single Point Mooring (SPM) 19

  21. Slide 21: Process Units: Crude Distillation Units

    Process Units Crude Distillation Units Visakh Mumbai Refinery 20

  22. Slide 22: Process Units: Fluidized Catalytic Cracking Units

    Process Units Fluidized Catalytic Cracking Units Mumbai Visakh 21

  23. Slide 23: Process Units: Diesel Hydro Desulfurization Units

    Process Units Diesel Hydro Desulfurization Units Mumbai Visakh 22

  24. Slide 24: Process Units: Diesel Hydro Treater

    Process Units Diesel Hydro Treater Mumbai Visakh 23

  25. Slide 25: Unique Features of HPC Refineries

    Unique Features of HPC Refineries  First Refinery in India to implement Hydrogen based Residue Upgradation Project – LC MAX unit.  Largest & first Lube Refinery at Mumbai in India  Most diverse product portfolio  One of the first to implement OM&S Automation and Blending facilities  Indigenousl

  26. Slide 26: Capacity Utilization – MR & VR

    Capacity Utilization – MR & VR Mumbai Refinery Visakh Refinery 10000 120 9777 118 9800 117 8800 8671 120 8641 9635 116 8600 8510 116 9600 115 116 115 114 8400 113 9400 8200 9304 112 112 8013 110 9219 9200 111 8000 110 7800 107 105 9000 108 7600 7408 8770 106 7400 8800 105 100 99 104 7200 8600 7000 1

  27. Slide 27: Quality Control

    Quality Control  State -of -the -Art quality control laboratory facilities  Equipped to conduct all tests for all refinery products  Accomplishments  ISO 17025 complied  NABL accredited  DGCA & CEMILAC authorized NABL: National Accreditation Board for Testing and Calibration Laboratories DGCA:

  28. Slide 28: Petroleum Refining Process

    Petroleum Refining Process PRIMARY PROCESSING UNITS Fractionation  Crude Distillation Unit (CDU)  Vacuum Distillation Unit (VDU) SECONDARY PROCESSING UNITS Conversion  Reforming / Isomerization (CCR / NIU)  Catalytic Cracker / Hydrocracker (FCCU/HCU)  Solvent extraction / Solvent dewaxing (SEU/

  29. Slide 29: HPCL Product Profile

    HPCL Product Profile Mumbai Refinery Product Visakh Refinery Product LPG LPG Naphtha Propylene Light Distillates Light Distillates Motor Spirit Naphtha Hexane Motor Spirit Solvent ATF ATF Kerosene Kerosene Middle Distillates Diesel / Middle Distillates HFHSD Diesel / HFHSD LDO/MTO LDO/ MTO Group-I/I

  30. Slide 30: BS VI Compliant Fuel Production

    BS VI Compliant Fuel Production BS VI compliant fuel production projects  Visakh Refinery Modernization Project (VRMP)  Mumbai Refinery Expansion Project (MREP-I) MUMBAI REFINERY Product Target MS-VI March 2020 HSD-VI March 2020 VISAKH REFINERY MS-VI Dec 2019 HSD-VI Dec 2019 29

  31. Slide 31: Mumbai Refinery Expansion Project

    Mumbai Mumbai Refinery Refinery Expansion Expansion Project Project Objective : • Capacity Enhancement from 7.5 to 9.5 MMTPA • Production of BS VI Motor Fuels Salient Features • Capex – Rs. 5060 crores • Schedule - January 2020 Facilities • Crude Processing Capacity enhancement to 9.5 MMTPA • Replac

  32. Slide 32: Mumbai Refinery Expansion Project: Vacuum Column Erection

    Mumbai Refinery Expansion Project Vaccum Column Erection 31

  33. Slide 33: Mumbai Refinery Expansion Project: Additional Tankages

    Mumbai Refinery Expansion Project Additional Tankages 32

  34. Slide 34: Visakh Refinery Modernization Project

    Visakh Refinery Modernization Project Objective  Capacity expansion from 8.33 to 15 MMTPA  Production of BS VI Motor Fuels  Bottom Upgradation to enhance profitability Salient Features  Capex: Rs. 20928 crores  Schedule – Progressively from July 2020 Facilities  New 9 MMTPA CDU/VDU  New Resid

  35. Slide 35: Visakh Refinery Modernisation Project: Column Erection

    Visakh Refinery Modernisation Project Atmospheric and Vacuum Columns Erection 34

  36. Slide 36: Visakh Refinery Modernisation Project: Hydrocracker Reactor Erection

    Visakh Refinery Modernisation Project Full Conversion Hydrocracker Reactor Erection 35

  37. Slide 37: Research and Development

    Research and Development • Green R&D Centre at Bengaluru R&D Thrust Areas • R&D Centre at Vashi • Opportunity Crudes • Residue Up-gradation Infrastructure Development • New Process Developments • Catalyst Development Collaborative Focus Product / • Alternative Energies process Research Areas Develop

  38. Slide 38: HP Green R&D Centre

    HP Green R&D Centre

  39. Slide 39: Phase I – Completed & Functional

    Phase I – Completed & Functional 38

  40. Slide 40: Joint Ventures and Subsidiaries

    Joint Ventures and Subsidiaries Refining LPG Storage Upstream Marketing Infrastructure Alternate Fuels City Gas Distribution Natural Gas HPOIL Gas Pvt. Ltd Aavantika Gas Ltd. Growth through Partnerships 39

  41. Slide 41: Infrastructure & Capacity Expansion Plans

    Infrastructure & Capacity Expansion Plans Major Projects JVC Projects • Visakh Refinery Modernization project • 9 MMTPA HPCL Rajasthan Refinery Limited at Pachpadra • Mumbai Refinery Expansion Project • 1.25 MMTPA Petrochemical Complex at • Mundra Delhi Pipeline Phase II HMEL, Bathinda Expansion to

  42. Slide 42: HPCL is uniquely positioned

    HPCL is uniquely positioned ▪ Highest Market Sales Growth among Industry in the last decade ▪ Major refinery expansion being implemented at the 2 coastal refineries ▪ No.1 Company in total lubricant sales and owning India’s Largest lube oil refinery ▪ 2nd Largest Product cross country Pipeline Netwo

  43. Slide 43: Functional Directors

    Functional Directors Shri M K Surana, Chairman & Managing Director • He is a Mechanical Engineer with a Masters degree in Financial Management and has wide exposure in the Petroleum Industry spanning over 3 decades. He handled a wide range of responsibilities including leadership positions in Refine

  44. Slide 44: Thank you

    Thank you

Hindustan Petroleum — Investor Presentation (June 2019) on 6ix