Jsw Energy Limited · NSE:JSWENERGY

Jsw Energy — Q4 FY2013 Earnings Presentation

25 slides from Jsw Energy's earnings presentation, May 2013

  1. Slide 1: Resilient and Ready: Q4 FY 2013 Results

    a Energy Lighting up a billion dreams ) Resilient and Ready | Q4 FY 2013 Results

  2. Slide 2: Contents

    Contents Sector Update Performance Highlights Financial Results Projects Update JSW Energy Limited 2

  3. Slide 3: Sector Update

    Sector Update JSW Energy Limited

  4. Slide 4: Economic Scenario

    Economic Scenario ‰ Sustained policy measures by various 12% 8.5% countries have apparently diminished 10% 8.0% downside risks to growth and stabilized the 8% 7.5% prospects of global economy. 6% 7.0% 4% 6.5% ‰ USA and Japan witnessed relatively stronger 2% 6.0% growth whereas China, India, Russia a

  5. Slide 5: Capacity Profile

    Capacity Profile Sector­wise Installed Capacity as on 31st March, Mode­wise Installed Capacity as on 31st March, 2013 (MW) 2013 (MW) Private R.E.S, 27,542 , Sector, 12% 68,859 , 31% Hydro, 39,491 , 18% Nuclear, State Sector, Sector 4,780 , 2% Central Thermal, 89,125 , 40% Sector, 151,530 , 65,360 ,

  6. Slide 6: Capacity Addition

    Capacity Addition Demand Supply Deficit vs Increase in Capacity Capacity Addition in Q4 and FY’13 (MW) 16% 23,467 14% 12% 14,583 10% 12,392 , 8% 6% 7,200 5,677 4% 2,719 3,206 2,473 2% 0% FY'05 FY'06 FY'07 FY'08 FY'09 FY'10 FY'11 FY'12 FY'13 State Sector Central Sector Private Sector Total Q4FY'13 FY

  7. Slide 7: Demand Supply Scenario

    Demand Supply Scenario Power Demand Supply Position Q4FY’13 (BU) Peak Demand and Peak Met FY’13 (GW) 9 0% 9.0% 8.8% 135 247 123 225 8.9% 8.4% 3.1% 16.7% 1.5% 16.1% 46 42 40 74 72 74 39 38 7.4% 70 64 4.5% 61 32 27 19 17 29 NR WR SR ER &NE All India NR WR SR ER &NE All India Requirement (BU) Availabil

  8. Slide 8: API Coal Index vis-à-vis US$:₹ Indexed

    API Coal Index vis­ vis­à­vis US$:` US$:` ­ Indexed 130 API 4 Coal Index USD:Re 120 110 100 90 80 70 API4 Coal Index and US$:Re parity are monthly averages 60 Apr‐1 1 May‐1 1 Jun‐1 1 Jul‐1 1 Aug‐1 1 Sep‐1 1 Oct‐1 1 Nov‐1 1 Dec‐1 1 Jan‐1 2 Feb‐1 2 Mar‐1 2 Apr‐1 2 May‐1 2 Jun‐1 2 Jul‐1 2 Aug‐1 2 Sep‐1

  9. Slide 9: Performance Highlights

    Performance Highlights JSW Energy Limited 9

  10. Slide 10: Key Highlights

    Key Highlights ‰ Achieved COD of Units V to VIII of RWPL, Barmer ‰ Commissioned C i i d the h entire i FGD project j at Ratnagiri ‰ Kutehr HEP successfully registered for CDM be e ts benefits ‰ Transmission facility achieved availability of 98.43% JSW Energy Limited 10

  11. Slide 11: Operational Performance

    Operational Performance Capacity Growth (MW) Net Generation Growth (MU) 21% 3140 38% 18,780 2,600 50% 13,594 74% 1,730 1% 995 4,618 4,686 Q4 FY'10 Q4 FY'11 Q4 FY'12 Q4 FY'13 Q4 12M FY2012 FY2013 JSW Energy Limited 11

  12. Slide 12: Operational Performance (contd...)

    Operational Performance (contd...) Quarterly Plant­wise Net Generation (MU) ­ YoY Yearly Plant­wise Net Generation (MU) ­ YoY 4,686MU 18,780MU 4,618MU 13,594MU Ratnagiri Ratnagiri Ratnagiri Vijayanagar 8,448 Vijayanagar 2,018 Vijayanagar 1,924 Ratnagiri 7,022 1,773 1,737 Vijayanagar Vij 6,259 5,905

  13. Slide 13: Sale of Power

    Sale of Power Sales Mix (MU) 37% 18,689 8,804MU 13,684 47% 4,906MU 36% 2% 4,724 4,841 53% 8,778MU 64% 9,885MU 2 158MU* 2,158MU* 46% 47% 2 271MU* 2,271MU* 2,566MU 54% 53% 2,570MU Q4 FY2012 Q4 FY2013 FY2012 FY2013 Short Term Sales Long Term Sales * Including power conversion of 319MU (408MU previous q

  14. Slide 14: Financial Results

    Financial Results JSW Energy Limited

  15. Slide 15: Consolidated Results

    Consolidated Results Q4FY2012 Q4FY2013 FY2012 FY2013 2 107 2,107 2 363 (12% ) 2,363 T Turnover (` Crores) C ) 6 265 6,265 9 148 (46% ) 9,148 613 858 (40% ) EBITDA (` Crores) 1,594 3,007 (89% ) 29% 36% EBITDA (%) 25% 33% 233 256 Interest (` Crores) 717 963 151 174 Depreciation (` Crores) 503 662 291

  16. Slide 16: Consolidated Financial Highlights

    Consolidated Financial Highlights 31st Mar 2012 31st Mar 2013 Net Worth (` Crores) 5,700 6,204 Debt ((` Crores)) 9,995 , 10,377 , Net Fixed Assets (` Crores) 15,272 15,489 @ Debt Equity Ratio (times) 1.75 1.67 g Weighted Average g Cost of 11 31% 11.31% 11 19% 11.19% Debt @Including CWIP and Capital

  17. Slide 17: Consolidated Financial Highlights (contd…)

    Consolidated Financial Highlights (contd…) Particulars Q4FY’13 % Inc Remarks (` crores) Revenue from Operations • Increase in Sales ‐ higher generation and ‐ Sale of Power 1,930 10% sales; higher realization & includes power ‐ Transmission T i i 30 41% ‐41% conversion co e s o of o `41 ccrss (PY ( `

  18. Slide 18: Consolidated Financial Trends

    ‐ ‐ Q Q 100 200 300 400 500 600 700 800 900 500 1,000 1,500 2,000 2,500 3,000 3,500 4,000 4,500 5,000 1F 1F Y 10 Y1 Q2 Q 0 FY 2F 10 Y1 Q Q 0 3F 3F Y1 Y1 Q 0 Q 0 4F 4F Y1 Y1 Q 0 Q 0 1F 1F Y1 Y1 Q2 1 Q 1 2F FY Y1 Q 11 Q 1 EBITDA (` Crs) 3F 3F Y1 Y1 Q 1 Q 1 JSW Energy Limited 4F 4F Y1 Y1 Q 1 Q 1 Net Ge

  19. Slide 19: Projects Update

    Projects Update JSW Energy Limited

  20. Slide 20: Raj West Power Ltd. I

    Raj West Power Ltd. I Project Details Status Update Gross Capacity 1,080 MW (8 x 135) • Unit V, VI, VII and VIII achieved COD on Sub­critical Captive Lignite based 5th February, 3rd March, 16th March and Technology TPP 28th February respectively in 2013 FSA with ith BLMCL (49% JV) for f supplyl Fuel

  21. Slide 21: Kutehr Hydro Project

    Kutehr Hydro Project Project Details Status Update • Techno Economic Clearance from CEA received Gross Capacity 240 MW (3 x 80) • MOEF accorded Forest stage I clearance & Environment clearance • Pre­qualification of vendors for electro Technology Run­of­the­river Run of the river Hydropower mechanic

  22. Slide 22: Domestic Mining Projects

    Domestic Mining Projects Status Update • Mining lease transferred in the name of BLMCL BLMCL­ Kapurdi Mine • Production of 1.18 Million Tons in Q4FY’13 • Lignite supplied to Power plant 1.17 Million Tons • Applied for capacity expansion to 7MTPA • Applied to MoEF for one time 25% enhancement to 3.75

  23. Slide 23: Overseas Coal Project

    Overseas Coal Project SACMH Status Update Location Umlabu (Wit Bank Region), South Africa • No production during Q4FY’13 • Total Sales during FY’13: • Richard’s Bay Coal Terminal Entitlement 179,332 tonnes for 0.5 MTPA Concessions • Railway siding within the mine with a • SACMH has put the mine unde

  24. Slide 24: Forward looking and cautionary statement

    Forward looking and cautionary statement Certain statements in this report p concerningg our ffuture ggrowth pprospects p are fforward looking g statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward looking stat

  25. Slide 25: Thank you

    Thank you JSW Energy Limited 25

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