Tata Power Company Limited · NSE:TATAPOWER
Tata Power — The Tata Power Company — Q3 FY2017 Earnings Presentation
16 slides from Tata Power's earnings presentation, Feb 11, 2017
Slide 1: Q3 FY2017 Analyst Call – 11th Feb, 2017
` Presentation Title (Company The Tata Power Arial, Font sizeLtd. 28 ) Q3 FY2017, Analyst Call – 11th Feb, 2017 Date, Venue, etc..( Arial, Font size 18 ) …Message Box ( Arial, Font size 18 Bold)
Slide 2: Disclaimer
Disclaimer Certain statements made in this presentation may not be based on historical information or facts and may be “forward looking statements”, including those relating to The Tata Power Company Limited’s general business plans and strategy, its future outlook and growth prospects, and future d
Slide 3: Key Highlights
Key Highlights • CERC order on compensatory tariff received. The matter is before Supreme Court now. WREL loans refinancing commenced - ₹1200 Cr bonds raised at 8% p.a for 5 years Projects acquired from Welspun had operational performance during the quarter which is the first full quarter post a
Slide 4: Tata Power Consolidated Performance - Summary
Tata Power Consolidated Performance - Summary Fig in ₹ Cr Op. Income EBITDA PAT Particulars Q3 Q3 Q3 Q3 Q3 Q3 FY17 FY16 FY17 FY16 FY17 FY16 Tata Power-Consolidated @ 6,836 6,764 1,555 1,335 599 433 Standalone & Key Subsidiaries Tata Power (Standalone)^ 1784 2040 505 700 283 294 CGPL (Mundra UMPP)# 1
Slide 5: Tata Power (Standalone) – Financial Performance
Tata Power (Standalone) – Financial Performance Lower than PY due to lower Fig in ₹ Cr power purchase cost and PY had a reversal of disallowance ( Rs 85 Crs) Q3 FY17 Q2 FY17 Q3 FY16 Var PYQ %Var Mainly due to lower fuel and Operating Income 1784 1793 2040 -256 -13% power purchase cost Operating Expe
Slide 6: CGPL: Key highlights
CGPL: Key highlights Fig in ₹ Cr Particulars Q3 FY17 Q2 FY17 Q3 FY16 Generation (MUs) 6849 7196 6497 Sales (MU) 6304 6629 5996 Lower EBITDA due to Availability (%) 77% 85% 81% higher under recovery FOB price of coal (USD/T) 52 45 45 Revenue (₹ /Unit) 2.37 2.43 2.33 Under Recovery ((₹ /Unit) -0.70 -0
Slide 7: Coal Business: Key highlights
Coal Business: Key highlights Particulars Q3 FY17 Q2 FY17 Q3 FY16 Coal Mined (MT) 15.07 14.98 14.70 Coal Sold (MT) 14.68 14.77 14.74 FOB Revenue ($/T) 60.97 49.11 49.70 Net Revenue after royalty ($/T) 53.09 42.40 43.32 COGS ($/T) 33.02 27.32 28.50 Depreciation (USD mn) for 100% 65.84 54.14 50.57 Not
Slide 8: Tata Power Renewable - Key highlights
Tata Power Renewable - Key highlights Operating and Planned Capacity MW Operating Capacity 370 - Wind projects 316 - Solar projects 53.8 Projects Under Execution / Development 386 - Wind projects 66 - Solar Capacity Bids Won 320 Renewable Asset Under Carve-out process 500 Total Capacity 1,256 EBIDTA
Slide 9: Welspun Renewable - Key highlights
Welspun Renewable - Key highlights Operating and Planned Capacity Capacity (MW) Operating Capacity - Wind 146 - Solar 995 Total Capacity 1,141 First time – full quarter operations post Operating and Planned Capacity Q3 FY17 acquisition Generation (MUs) 369.40 Sales (MU) 367.37 PLF (%) 19.20% Revenue
Slide 10: Maithon - Key highlights
Maithon - Key highlights Fig in ₹ Cr Particulars Q3FY17 Q2 FY17 Q3 FY16 Generation (MUs) 1,984 1,596 1,917 Sales (MU) 1,870 1,501 1,805 Availability (%) 97% 81% 94% Regulated Equity (Rs cr) 1,444 1,444 1,444 Operating Income (Rs cr) 624 569 582 EBITDA (Rs cr) 218 193 192 Interest cost (Rs cr) 64 66
Slide 11: Share of Profit from JV & Associates
Share of Profit from JV & Associates. Rs in Crs Joint Ventures & Associates Share for Q3 FY 17 Cennergi Pty. Ltd. 9 Coal & Infrasture Companies 218 ITPC 29 Powerlinks Transmission Ltd 12 Industrial Energy Ltd 19 Others (including Tata Communications) 219 Total 506 …Message Box 10 ( Arial, Font size
Slide 12: Other Key Business Highlights
Other Key Business Highlights …Message Box ( Arial, Font size 18 Bold)
Slide 13: Regulated Equity & Asset
Regulated Equity & Asset Fig in ₹ Cr Regulated Equity Q3 FY17 Q2 FY17 Q3 FY16 Mumbai Operation 3693 3663 3640 Tata Power Delhi Distribution 1,269 1256 1248 Maithon Power 1,444 1,444 1,444 Powerlinks Transmission 466 466 466 Total 6872 6829 6798 Regulated Assets Q3 FY17 Q2 FY17 Q3 FY16 Mumbai Operati
Slide 14: International Projects: Updates
International Projects: Updates Georgia, Hydro South Africa, Wind ITPC Zambia, Hydro Project-> (185 MW) (229 MW) (120 MW) Clean Energy (40%) + IFC Exxaro (50%) – A SA JV Partner(s) ZESCO (50%) (20%) based mining group Tata Power’s stake 40% 50% 50% Project Cost US$416 mn ZAR 6,041 mn US$244 mn Cost
Slide 15: Details of Borrowings
Details of Borrowings Fig in ₹ Cr PARTICULARS As on Dec 31, 2016 Standalone Debt (Gross) 16,066 Rupee Loans 15,652 Includes NCD of Rs Foreign Currency Loans 413 3500 crore raised for Current Maturities of Long Term Debt – ( ₹ 5,257 ) Welspun Acquisition Consolidated Debt 49,614 Rupee Loans 33,933 In
Slide 16: Contact
Website: www.tatapower.com Email ID: investorrelations@tatapower.com Investor Relations Kasturi S Corporate Treasury & IR Tel : +91 22 6717 1345 …Message Box 15 ( Arial, Font size 18 Bold)
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