Jsw Energy Limited · NSE:JSWENERGY
Jsw Energy — Q4 FY2020 Earnings Presentation
16 slides from Jsw Energy's earnings presentation, May 20, 2020
Slide 1: JSW Energy Limited Q4FY20 and FY2020 Results Presentation
JSW Energy Limited Q4FY20 and FY2020 Results Presentation May 20, 2020
Slide 2: Key Highlights for Q4FY20
Key Highlights for Q4FY20 • Despite the Covid-19 situation, the Company’s plant operations continue to run smoothly, while ensuring adherence to necessary safety measures. Balance sheet and liquidity remains robust, well positioned to navigate the challenging circumstances • GMR Kamalanga Energy Ltd
Slide 3: Agenda
Agenda Business Environment Operational and Financial Performance 3
Slide 4: Demand Growth Trends
Demand Growth Trends FY20 Q4 FY20 Q3 FY20 Q2 FY20 Q1 FY20 Remarks Region YoY% YoY% YoY % YoY % YoY % (MUs) (MUs) (MUs) (MUs) (MUs) (Q4 YoY Growth) North 394,851 3.2% 81,991 -1.0% 84,800 -3.6% 118,952 7.8% 109,107 7.6% Haryana (-4.5%), UP (-1.8%) West 388,841 -0.4% 99,149 3.9% 94,203 -8.2% 90,466 -2.
Slide 5: Generation and PLF Trends
Generation and PLF Trends Gross FY20 Q4 FY20 Q3 FY20 Q2 FY20 Q1 FY20 YoY% YoY% YoY% YoY% YoY % Remarks Generation (MUs) (MUs) (MUs) (MUs) (MUs) Thermal 1,042,725 -2.8% 262,893 -1.5% 244,977 -11.2% 247,134 -2.3% 287,720 4.0% • Overall generation growth stood at 1.7% YoY in Q4FY20 Hydro 156,007 15.7%
Slide 6: Installed Capacity
Installed Capacity Sector-wise Installed Capacity – 370.1 GW Segment-wise Installed Capacity – 370.1 GW (As on March 31, 2020) (As on March 31, 2020) Total: 87.0 GW # Total: 93.5 GW # Total: 103.3 GW # RES, +1,119 MW * Central, State, 23.3% +680 MW * -493 MW * 25.2% 28.1% Total: 45.7 GW # Hydro, The
Slide 7: Merchant Market
Merchant Market Merchant Tariff Trend (`/unit) 6.00 Particulars Q4 FY20 Q3 FY20 Q4 FY19 YoY% QoQ% Merchant Volume 5.00 13,052 11,113 9,431 +38% +17% (MUs) 4.00 Average merchant 2.74 2.83 3.18 -14% -3% tariff (`/unit) 3.00 Particular FY20 FY19 FY18 FY17 2.00 Average merchant 3.01 3.85 3.26 2.42 1.00
Slide 8: Indian Economy and Imported Thermal Coal Prices
Indian Economy and Imported Thermal Coal Prices USD/INR trend (monthly average) Industrial production (IIP) growth stood negative at -0.7% YoY in FY20, led by decline in manufacturing sector growth 76 74 Average imported coal (API4) prices witnessed a decline of ~6% YoY however increased ~3% QoQ
Slide 9: Agenda
Agenda Business Environment Operational and Financial Performance 9
Slide 10: Power Generation
Power Generation Q4 Plant-wise Net Generation (MUs) FY Plant-wise Net Generation (MUs) 22% 2% 12% 14% 4% 3% 9% 5% 2% 8% 21,252 22,088 7,353 7,193 4,216 4,105 6,017 1,705 5,953 5,277 5,204 3,515 2,758 1,793 1,377 1,346 429 649 593 397 58 13 Nil Nil 29 Nil Nil 4 Vijayanagar Ratnagiri Barmer Hydro Nand
Slide 11: Consolidated Financial Results
Consolidated Financial Results Q4FY20 Q4FY19 Particulars FY20 FY19 ` Crore 1,848 2,018 Total Revenue 8,560 9,506 629 570 EBITDA 3,244 3,221 34% 28% EBITDA Margin(%) 38% 34% 248 276 Interest 1,051 1,192 289 287 Depreciation 1,168 1,164 92 7 Profit Before Tax (before exceptional items) 1,025 865 - - E
Slide 12: Robust Balance Sheet
Robust Balance Sheet in ` Crore 13,000 1.10 in (x) 12,000 1.00 0.90 0.89 0.85 0.86 0.83 0.90 Net Worth (INR Crore) 11,000 0.76 0.77 Net Debt* (INR Crore) 0.80 10,000 Net Debt*/Equity (x) 0.70 9,000 0.60 8,000 0.50 Sept 30, Dec 31, Mar 31, Jun 30, Sep 30, Dec 31, Mar 31, 2018 2018 2019 2019 2019 2019
Slide 13: Entity-wise Summary Financial Performance
Entity-wise Summary Financial Performance ` Crore Q4 FY20 Q4 FY19 Total Revenue# FY20 FY19 1,044 1,201 Standalone 4,512 5,481 622 646 JSW Barmer 2,659 2,630 152 141 JSW Hydro 1,275 1,276 22 22 JPTL 82 83 1,848 2,018 Consolidated * 8,560 9,506 # Including Other Income 13 * After inter-company adjustm
Slide 14: Entity-wise Summary Financial Performance
Entity-wise Summary Financial Performance ` Crore Q4 FY20 Q4 FY19 EBITDA FY20 FY19 268 232 Standalone 1,092 1,167 242 234 JSW Barmer 1,044 993 102 102 JSW Hydro 1,091 1,103 20 20 JPTL 77 78 629 570 Consolidated * 3,244 3,221 * After inter-company adjustments and eliminations 14
Slide 15: Forward Looking and Cautionary Statement
Forward Looking and Cautionary Statement This presentation has been prepared by JSW Energy Limited (the “Company”) based upon information available in the public domain solely for information purposes without regard to any specific objectives, financial situations or informational needs of any parti
Slide 16: Thank you
Thank you 16