Ptc India Financial Services Limited · NSE:PFS
Ptc India Financial Services — H1 FY22 Earnings Presentation
30 slides from Ptc India Financial Services's earnings presentation, Nov 11, 2021
Slide 1: Cover letter to stock exchanges
'DWHGWK1RYHPEHU 0DQDJHU 0DQDJHU /LVWLQJ'HSDUWPHQW /LVWLQJ'HSDUWPHQW %6(/LPLWHG 1DWLRQDO6WRFN([FKDQJHRI,QGLD/LPLWHG 3KLUR]H-HHMHHEKR\7RZHUV'DODO6WUHHW ([FKDQJH3OD]D&%ORFN* 0XPEDL %DQGUD.XUOD&RPSOH[%DQGUD (DVW 6FULS&RGH 0XPEDL 6FULS&RGH3)6 6LU0DGDP 6XE ,QYHVWRU3UHVHQWDWLRQ 3OHDVHILQGHQFORVHGWKH,QYHVWR
Slide 2: We Bring Lifeline to Clean Sustainable Infrastructure
WE BRING Lifeline to Clean Sustainable Infrastructure H1 / Q2FY22 Investor Presentation
Slide 3: Table of Contents
03 07 08 10 PFS at a Glance Our Purpose Products and Services Business Model 12 13 15 17 Navigating the Next Strategy Risk Management System Our Clientele & Lenders Operational Overview 18 27 28 Financials Corporate Social Responsibility Shareholder Information Table Of Contents
Slide 4: PFS at a Glance
PFS AT A GLANCE SANCTIONS FOR H1FY22 DISBURSEMENTS FOR CAPITAL ADEQUACY RATIO H1FY22 FOR H1FY22 Rs. 2,298 Crore Rs. 1,687 Crore 26.06% DIVERSIFYING INTO.. NET INTEREST MARGIN DEBT TO EQUITY FOR Sunshine sectors like electric vehicle H1FY22 mobility (1,050 EV), water projects FOR H1FY22 (362 million
Slide 5: Quarterly Snapshot
QUARTERLY SNAPSHOT PBT & PAT (Rs. in Cr) Return on Assets % Interest Spread % 80.00 3.05 69.96 2.50 2.20 2.99 70.00 3 2.00 2.95 60.00 52.47 48.46 2.9 50.00 2.83 1.50 2.85 40.00 31.85 1.10 2.8 1.00 2.75 30.00 2.7 20.00 2.65 0.50 10.00 2.6 0.00 ROA 0.00 ROA PBT PAT Q2FY21 Q2FY22 Q2FY21 Q2FY22 Q2FY21 Q
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: Company Overview - Milestones
COMPANY OVERVIEW-MILESTONES 2006 2010 2015 2019 PFS incorporated as a PFS classified as PFS becomes the first First NBFC to receive subsidiary of PTC India Infrastructure Finance institution in India, to sign sanction of Partial Limited Company by RBI IFC’s Master Cooperation Credit Enhancement Agre
Slide 8: Our Purpose
OUR PURPOSE WE EXTEND OUR SUPPORT TO GREENER FINANCE ENVIRONMENT- FRIENDLY PROJECTS WHICH CONTRIBUTE TOWARDS STRONGER SUSTAINABLE Investor Presentation Previous 7 Next
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: Debt Financing PFS provides debt finance in the form of Long Term Loan, Short Term Loan as well as Bridge Financing to the projec
Slide 10: Key Functions of the Company
KEY FUNCTIONS OF THE COMPANY • Underwriting and Syndication • Business Development and Credit • Advisory Services KEY FUNCTIONS OF THE COMPANY • Credit Appraisal and Monitoring • Risk Management • Early Warning System • Treasury and Resource Mobilization • Asset Liability Management • Interest Rate
Slide 11: Business Model
BUSINESS MODEL Timely execution of projects A seamless and Adequate liquidity efficient network and focus on cash of system flow generation framework and processes A range of tailor- Extensive planning made services and monitoring to according to the avoid project needs of the lapses customer Invest
Slide 12: What Makes PFS a Unique Investment Case
WHAT MAKES PFS A UNIQUE INVESTMENT CASE We have been the first movers in established and emerging green infrastructure finance sectors like renewable energy, wastewater treatment plant, e-mobility, e-vehicle manufacturing which are long-term sustainable in the future Focus on Motivated High Operatin
Slide 13: Navigating the Next Strategy
NAVIGATING THE NEXT STRATEGY Financing a number of green Leveraging existing infrastructure projects to relationships with domestic support growth and global agencies Adopting a customer- centric approach Strategize and adopt alternative sources of funding Implementation of integrated Enhancing fina
Slide 14: Risk Management System
RISK MANAGEMENT SYSTEM Credit Risk Management Market Risk Management • Implementation of Internal Credit Grading mechanism which captures sector specific risk • Implemented the mechanism of Risk Based related parameters during the entire loan-life cycle Pricing which has been integrated with interna
Slide 15: 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. In sustainable financing segment, new loans of Rs. 541 crore and disbursements of Rs. 433 crores were made during this quarter and post Q2FY22 fur
Slide 16: Our Marquee Clients
OUR MARQUEE CLIENTS Investor Presentation Previous 15 Next
Slide 17: Our Key Lenders (International and Domestic)
OUR KEY LENDERS (INTERNATIONAL AND DOMESTIC) Established relationship with Leading Development Financial Institutions (DFIs) and Banks in form of treasury of around Rs. 10,000 crore (around $ 140 million) Investor Presentation Previous 16 Next
Slide 18: Comfortable Cash Flows
COMFORTABLE CASH FLOWS • Undrawn credit lines of more than Rs. 1,400 Crore are available (Long Term of Rs. 570 crore and Short Term Rs. 840 crore) • HQLA of Rs. 235 Crore in form of liquid assets to meet any contingencies 4,000 3,523 3,500 3,206 3,000 2,500 2,000 1,788 1,500 1,133 995 995 1,000 886
Slide 19: Financials
FINANCIALS
Slide 20: Key Balance Sheet Indicators
KEY BALANCE SHEET INDICATORS Qtr ended Qtr ended Qtr ended Half Year Ended Half Year Ended Particulars 30th September, 2021 30th June, 2021 30th September, 2020 30th September, 2021 30th September, 2020 541 1,757 350 Loan Sanctioned (Rs. Crs) 2,298 350 433 1,254 334 Loan Disbursed (Rs. Crs) 1,687 43
Slide 21: Key Operational Indicators
KEY OPERATIONAL INDICATORS Qtr ended Qtr ended Qtr ended Half Year Ended Half Year Ended Particulars 30th September, 2021 30th June, 2021 30th September, 2020 30th September, 2021 30th September, 2020 89.60 79.62 95.87 Net Interest Income (Rs. Crs) 169.22 180.20 10.57 10.96 11.36 Yield on Earning Lo
Slide 22: Results Overview (Rs. in Crore)
RESULTS OVERVIEW (RS. IN CRORE) Qtr ended Qtr ended Qtr ended Half Year Ended Half Year Ended Particulars 30th September, 2021 30th June, 2021 30th September, 2020 30th September, 2021 30th September, 2020 232.85 245.20 291.89 Interest Income 478.04 582.26 242.34 253.95 297.98 Total Income 496.28 59
Slide 23: Operational Performance – Debt Outstanding
OPERATIONAL PERFORMANCE – DEBT OUTSTANDING 5,472 5,437 5,549 5,351 5,401 4,878 4,943 4,340 4,334 4,475 4,119 4,248 3,210 2,620 1,207 1,217 1,230 1,175 1,164 1,158 1,169 207 207 223 235 164 160 160 4Q 2020 1Q 2021 2Q 2021 3Q 2021 4Q 2021 1Q 2022 2Q 2022 Thermal Renewable Hydro Others Total 11,005 11,
Slide 24: Portfolio Shift – Credit Portfolio %
PORTFOLIO SHIFT – CREDIT PORTFOLIO % 37 38 39 41 46 55 58 2 2 2 2 2 2 2 50 49 48 46 42 32 28 11 11 11 11 11 12 12 4Q 2020 1Q 2021 2Q 2021 3Q 2021 4Q 2021 1Q 2022 2Q 2022 Thermal Renewable Hydro Others Investor Presentation Previous 23 Next
Slide 25: NIMs / Spread Driven by Consistent Improvement on Operational Parameters
NIMS / SPREAD DRIVEN BY CONSISTENT IMPROVEMENT ON OPERATIONAL PARAMETERS ON EARNING BOOK PORTFOLIO 10 7 8.98 8.76 9 8.53 8.39 8.00 6 8 7.65 7.58 7 5 6 3.81 4.14 3.70 3.53 4 3.38 3.54 4.35 5 3 4 2.80 2.83 2.86 2.98 2.99 3 2.69 3.31 2 2 1 1 0 0 Q4 2020 1Q 2021 2Q 2021 3Q 2021 4Q 2021 1Q 2022 2Q 2022 C
Slide 26: NPA Loan Account as on September 30, 2021
NPA LOAN ACCOUNT AS ON SEPTEMBER 30, 2021 Impairment Reserve in Loan Account (Rs. crore) Gross Loan Provision Net Exposure addition to Provisions ICOMM Tele Ltd 2.65 0.03 2.62 1.68 Athena Chhattisgarh Power Limited 189.51 172.14 17.37 7.75 Konaseema Gas Power Limited 100.00 76.73 23.27 23.27 KSK Min
Slide 27: Credit Standing Snapshot
CREDIT STANDING SNAPSHOT ➢ Fresh long term credit lines of Rs. 1,000 crore has been sanctioned and in discussion for another Rs. 2,000 crore at Stress Account Update competitive rates. Reducing trend of cost of funds with 1,600 Chart Title improvement in yield of earning portfolio 1,400 1,361 1,353
Slide 28: Corporate Social Responsibility
CORPORATE SOCIAL RESPONSIBILITY A NO-Stubble-Burning field, ready for the next crop Crop Residue Management (CRM), a CSR project of PFS in A Happy Seeder machinery donated by PFS (to farmers Ludhiana and Patiala to stop stubble (पराली) burning and Coop Societies) in operation in the fields of Ludhia
Slide 29: Shareholder Information
SHAREHOLDER INFORMATION Stock Information (As on 10th November, 2021) Top Shareholders (As on 30th September, 2021) % of holding Market Cap 1,297 Cr PTC India Limited 64.99 Stock Price 20.45 52 Week (High/Low) 24.30/15.75 Life Insurance Corporation of India 2.13 NSE/BSE Symbol PFS/533344 Quant Money
Slide 30: Thank You
THANK YOU Abhinav Goyal - Vice President Email: abhinav.goyal@ptcfinancial.com Tel: +91 11 2673 7300 / 2673 7400 PTC India Financial Services Ltd 7th Floor Telephone Exchange Building, 8 Bhikaji Cama Place, New Delhi - 110 066 INDIA Fax: +91 11 26737373 / 26737374 | Email: info@ptcfinancial.com Cont
PTC India Financial Services — H1 FY22 Earnings Presentation on 6ix