Td Power Systems Limited · NSE:TDPOWERSYS
Td Power Systems — 9M FY22 Earnings Presentation
29 slides from Td Power Systems's earnings presentation, Jan 27, 2022
Slide 1: Cover letter to stock exchanges: Investor Presentation for period ended December 31, 2021
is relations TD Power Systems Limited (CIN -L31103KA1999PLC025071) REGISTERED OFFICE & FACTORY: 27, 28 and 29, KIADB Industrial Area Dabaspet, Nelamangala Taluk Bengaluru Rural District Bengaluru — 562 111 India Tel +9180 229 95700 / 6633 7700 Fax +91 80 27734439 / 2299 5718 January 27, 2022 Mail td
Slide 2: TD Power Systems Limited Company Presentation December 2021
TD POWER SYSTEMS LIMITED December 2021 Company Presentation 1
Slide 3: Business Structure
BUSINESS STRUCTURE Manufacturer of AC Generators (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 5,160 generators, including generators exported to 73 Manufacturing countries, wit
Slide 4: 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 5: Financials: 9 Months FY'22 v/s FY'21
FINANCIALS: 9 MONTHS FY’22 V/S FY’21 Particulars (Rs Millions) Dec’21 Dec’20 Total Income including exceptional income 5,860 4,377 EBITDA including exceptional income 771 593 Margins (%) 13% 14% Depreciation 165 160 Interest 14 48 PBT 592 385 Tax 133 86 PAT 460 298 PAT after OCI 378 295 4
Slide 6: Pending Order
PENDING ORDER 12,000 10,011 10,206 10,000 8,000 6,000 4,000 2,000 194 - Manufacturing Projects Business Total Dec 21 - Rs Millions 10,011 194 10,206 Domestic 1,572 194 1,766 Exports 1,137 - 1,137 Deemed Export 752 - 752 Domestic - Railways 6,395 - 6,395 Turkey 156 - 156 5
Slide 7: Revenue Analysis
REVENUE ANALYSIS 7,000 6,310 6,444 6,000 5,000 4,000 3,000 2,000 1,000 133 - Manufacturing Projects Business TOTAL FY 22 9M - Rs Millions 6,310 133 6,444 Domestic 4,133 127 4,259 Exports 1,019 7 1,026 Deemed Export 40 - 40 Subsidaries 1,118 - 1,118 * Prior to inter-segment and inter-company eliminat
Slide 8: Business Segment: Manufacturing
BUSINESS SEGMENT: MANUFACTURING Business highlights AC Generators for various applications ◼ One of the leading manufacturers of AC Generators in the range of Turbines 1 MW up to 200 MW for prime movers such as steam & gas, and Steam Gas Hydro Wind upto 52 MW for hydro, wind turbines, diesel and gas
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 ◼ Executed 124 projects aggregating 3,243 MW in India and abroad (110 TG island projects and 14 BTG island projects) ◼ Experienced t
Slide 10: Financial Track Record
FINANCIAL TRACK RECORD 8,000 Segmental Revenues Consolidated (Rs Mn) 7,000 6,000 5,000 4,000 3,000 2,000 1,000 - FY18 FY19 FY20 FY21 9M FY22 EPC - - - - - Project Business 611 628 316 226 133 Manufacturing 4,252 4,729 5,647 6,921 6,310 Manufacturing Project Business EPC Segmental revenues without in
Slide 11: Financial Track Record
FINANCIAL TRACK RECORD 800 Segmental EBITDA Consolidated (Rs Mn) 700 600 500 400 300 200 100 - (100) FY18 FY19 FY20 FY21 9M FY22 EPC (11) (16) (13) (2) (1) Project Business (6) 2 (7) 4 (4) Manufacturing 229 373 471 745 694 Manufacturing Project Business EPC Segmental revenues without inter-segment e
Slide 12: P&L Snapshot
P&L SNAPSHOT Consolidated Rs Mn FY 18 FY 19 FY 20 FY 21 Dec 21 Sales 4,349 4,590 5,149 5,936 5,702 EBITDA 84 272 332 659 613 Depreciation (incl. Amortization) 271 260 222 215 165 EBIT (187) 12 110 445 447 Other Income including Exceptional items 159 92 272 165 159 Interest and Finance Charges 67 28
Slide 13: Balance Sheet Snapshot
BALANCE SHEET SNAPSHOT Consolidated As on Rs Mn Mar-18 Mar-19 Mar-20 Mar-21 Dec-21 Source of Funds 5,274 4,845 4,992 5,290 5,773 Net Worth 4,494 4,155 4,250 4,707 5.032 Minority Interest Borrowings 686 614 677 520 664 Deferred Tax Liability 94 76 65 63 77 Uses of Funds 5,274 4,845 4,992 5,290 5,773
Slide 14: Shareholding Structure
SHAREHOLDING STRUCTURE Shareholding % TDPS Stock Price Movement 390 2.9% Promoters 370 350 2.2% 330 310 290 Mutual Funds 270 250 22.6% 230 210 Foreign Institutional 190 170 Investors 150 130 Individuals 110 2.5% 58.7% 90 70 50 11.1% Corporate Bodies 30 10 8-Sep-11 25-Jan-22 Others TD power BSE_SENSE
Slide 15: Thank You
THANK YOU 14
Slide 16: TD Power Systems Limited Company Presentation December 2021
TD POWER SYSTEMS LIMITED December 2021 Company Presentation 1
Slide 17: Business Structure
BUSINESS STRUCTURE Manufacturer of AC Generators (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 5,160 generators, including generators exported to 73 Manufacturing countries, wit
Slide 18: 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 19: Financials: 9 Months FY'22 v/s FY'21
FINANCIALS: 9 MONTHS FY’22 V/S FY’21 Particulars (Rs Millions) Dec’21 Dec’20 Total Income including exceptional income 5,860 4,377 EBITDA including exceptional income 771 593 Margins (%) 13% 14% Depreciation 165 160 Interest 14 48 PBT 592 385 Tax 133 86 PAT 460 298 PAT after OCI 378 295 4
Slide 20: Pending Order
PENDING ORDER 12,000 10,011 10,206 10,000 8,000 6,000 4,000 2,000 194 - Manufacturing Projects Business Total Dec 21 - Rs Millions 10,011 194 10,206 Domestic 1,572 194 1,766 Exports 1,137 - 1,137 Deemed Export 752 - 752 Domestic - Railways 6,395 - 6,395 Turkey 156 - 156 5
Slide 21: Revenue Analysis
REVENUE ANALYSIS 7,000 6,310 6,444 6,000 5,000 4,000 3,000 2,000 1,000 133 - Manufacturing Projects Business TOTAL FY 22 9M - Rs Millions 6,310 133 6,444 Domestic 4,133 127 4,259 Exports 1,019 7 1,026 Deemed Export 40 - 40 Subsidaries 1,118 - 1,118 * Prior to inter-segment and inter-company eliminat
Slide 22: Business Segment: Manufacturing
BUSINESS SEGMENT: MANUFACTURING Business highlights AC Generators for various applications n One of the leading manufacturers of AC Generators in the range of Turbines 1 MW up to 200 MW for prime movers such as steam & gas, and Steam Gas Hydro Wind upto 52 MW for hydro, wind turbines, diesel and gas
Slide 23: Business Segment: Project Business
BUSINESS SEGMENT: PROJECT BUSINESS Business highlights n TG Projects for steam turbine power plants with output capacity of up to 52 MW done under TD Power Systems Ltd n Executed 124 projects aggregating 3,243 MW in India and abroad (110 TG island projects and 14 BTG island projects) n Experienced t
Slide 24: Financial Track Record
FINANCIAL TRACK RECORD 8,000 Segmental Revenues Consolidated (Rs Mn) 7,000 6,000 5,000 4,000 3,000 2,000 1,000 - FY18 FY19 FY20 FY21 9M FY22 EPC - - - - - Project Business 611 628 316 226 133 Manufacturing 4,252 4,729 5,647 6,921 6,310 Manufacturing Project Business EPC Segmental revenues without in
Slide 25: Financial Track Record
FINANCIAL TRACK RECORD 800 Segmental EBITDA Consolidated (Rs Mn) 700 600 500 400 300 200 100 - (100) FY18 FY19 FY20 FY21 9M FY22 EPC (11) (16) (13) (2) (1) Project Business (6) 2 (7) 4 (4) Manufacturing 229 373 471 745 694 Manufacturing Project Business EPC Segmental revenues without inter-segment e
Slide 26: P&L Snapshot
P&L SNAPSHOT Consolidated Rs Mn FY 18 FY 19 FY 20 FY 21 Dec 21 Sales 4,349 4,590 5,149 5,936 5,702 EBITDA 84 272 332 659 613 Depreciation (incl. Amortization) 271 260 222 215 165 EBIT (187) 12 110 445 447 Other Income including Exceptional items 159 92 272 165 159 Interest and Finance Charges 67 28
Slide 27: Balance Sheet Snapshot
BALANCE SHEET SNAPSHOT Consolidated As on Rs Mn Mar-18 Mar-19 Mar-20 Mar-21 Dec-21 Source of Funds 5,274 4,845 4,992 5,290 5,773 Net Worth 4,494 4,155 4,250 4,707 5.032 Minority Interest Borrowings 686 614 677 520 664 Deferred Tax Liability 94 76 65 63 77 Uses of Funds 5,274 4,845 4,992 5,290 5,773
Slide 28: Shareholding Structure
SHAREHOLDING STRUCTURE Shareholding % TDPS Stock Price Movement 390 2.9% Promoters 370 350 2.2% 330 310 290 Mutual Funds 270 250 22.6% 230 210 Foreign Institutional 190 170 Investors 150 130 Individuals 110 2.5% 58.7% 90 70 50 11.1% Corporate Bodies 30 10 8-Sep-11 25-Jan-22 Others TD power BSE_SENSE
Slide 29: Thank You
THANK YOU 14