Power Grid Corporation Of India Limited · NSE:POWERGRID
Power Grid Corporation Of India — Q3 FY2021 Earnings Presentation
22 slides from Power Grid Corporation Of India's earnings presentation, Feb 12, 2021
Slide 1: Presentation-Q3FY21
Presentation-Q3FY21 February 12, 2021 Maharatna CPSE
Slide 2: Disclaimer
Disclaimer By attending the meeting where this presentation is made, or by reading the presentation slides, you agree to be bound by the following limitations: This document has been prepared for information purposes only and is not an offer or invitation or recommendation to buy or sell any secur
Slide 3: POWERGRID Overview, Performance Highlights, Business Outlook
POWERGRID Overview Performance Highlights Business Outlook Awards & Accolades Maharatna CPSE
Slide 4: POWERGRID Today
POWERGRID Today A “Maharatna” CPSE POWERGRID Group Govt. of India shareholding of 51.34% 21 10 Joint Subsidiaries Ventures* India’s 3rd Largest CPSE in terms of Gross Block 1 * Excl. under closure Listed Company with M-Cap ₹ 1,10,046 crore 2 Substations Transmission Lines I-R Capacity > 4,25,000 MVA
Slide 5: Performance Highlights
Performance Highlights - Project Execution - Operations - Financial Performance - Commercial - Other Activities Maharatna CPSE
Slide 6: Project Execution: Capex and Capitalisation
Project Execution Capex Capitalisation (cumulative upto end of Qtr.) (cumulative upto end of Qtr.) 11,893 12,574 7,942 5,006 1,906 1,184 Q1FY21 Q2FY21 Q3FY21 Q1FY21 Q2FY21 Q3FY21 (₹ in crore) Figures on Consolidated basis Capitalization figures. exclusive of FERV 6 Maharatna CPSE
Slide 7: Project Execution
Project Execution Major Elements added after Q2FY21 • 400/220 kV, 315 MVA ICT-IV at Rourkela - in Q3FY21 • 400/220 kV, 500 MVA ICT-II at New Mariani • 400/220 kV, 500 MVA ICT-V at Bhadla • 765/400 kV, 800 MVA ICT-I at Koteshwar • 765/400 kV, 2x1500 MVA substation at Medinipur • 765 kV D/C Ranchi (Ne
Slide 8: Operational Highlights
Operational Highlights Availability(%) Reliability (Trippings per line) 99.81% 99.80% 99.75% * 0.32 0.30 9-mthFY20 9-mthFY21 9-mthFY20 9-mthFY21 * Full incentive capped at 99.75% 8 Maharatna CPSE
Slide 9: Financial Performance – Q3FY21
Financial Performance – Q3FY21 Standalone Subsidiaries Consolidated Income Growth: 9 % Income Growth: 22 % Income Growth: 9 % PAT Growth: 24 % PAT Growth: 76 % PAT Growth: 26 % 10,359 10,312 9,541 9,497 490 401 2,672 3,368 2,674 3,324 83 146 Q3FY20 Q3FY21 Q3FY20 Q3FY21 Q3FY20 Q3FY21 Income PAT Incom
Slide 10: Financial Performance – Q3FY21
Financial Performance – Q3FY21 Standalone Consolidated Description Growth Growth (Quarter ended) (Quarter ended) 31.12.20 31.12.19 (%) 31.12.20 31.12.19 (%) Income - Transmission Charges 9368 8675 8% 9852 9074 9% - Consultancy – Services 122 143 -15% 103 116 -11% - Telecom 187 174 7% 187 174 7% - Ot
Slide 11: Financial Performance – 9MFY21
Financial Performance – 9MFY21 Standalone Subsidiaries Consolidated Income Growth: 7 % Income Growth: 23 % Income Growth: 7 % PAT Growth: 10 % PAT Growth: 62 % PAT Growth: 10 % 29,822 1,193 1,473 30,007 27,908 28,163 8,420 391 7,746 8,510 7,629 242 9-mthFY20 9-mthFY21 9-mthFY20 9-mthFY21 9-mthFY20 9
Slide 12: Financial Performance – 9MFY21
Financial Performance – 9MFY21 Standalone Consolidated Description Growth Growth (Period ended) (Period ended) 31.12.20 31.12.19 (%) 31.12.20 31.12.19 (%) Income - Transmission Charges 26872 25525 5% 28322 26712 6% - Consultancy – Services 328 439 -25% 283 366 -23% - Telecom 524 517 1% 524 517 1% -
Slide 13: Financial Performance – 9MFY21
Financial Performance – 9MFY21 Description Standalone Consolidated As on 31.12.20 As on 31.12.19 As on 31.12.20 As on 31.12.19 Gross Fixed Assets 227341 209163 232562 218838 Capital Work-in-Progress 23110 31677 30796 37956 Debt 141821 143737 141821 144027 Net Worth 68142 65042 68488 65188 Earning Pe
Slide 14: Other Key Financial Information – 9MFY21
Other Key Financial Information – 9MFY21 (₹ in crore) 9MFY21 9MFY20 Surcharge Income (Consol.) 598 211 Debt raised via Issue of Bonds in 9MFY21 Incentive (Consol.) 362 295 ₹ 3300 crore * Int. from Subsidiaries & JVs* 799 687 Interest Rates* Dividend from JVs* 55 46 6.28% - 6.85% Dividend from Subsid
Slide 15: Commercial Performance (Apr'20-Dec'20)
Commercial Performance (Apr’20-Dec’20) Billing Realization %age realization ₹ 25,981 crore ₹ 24,868 crore 95.71% Total Outstanding (₹ in crore) (at the end of) 8,243 86 69 6,145 6,477 6,003 63.50 4,502 3,992 Q1FY21 Q2FY21 Q3FY21 O/S (Total) O/S (>45 days) Receivable (days' billing) Major Dues: Utt
Slide 16: Performance of Telecom & Consultancy Businesses
Performance of Telecom & Consultancy Businesses Telecom Consultancy • Income: ₹ 524 crore for Q3FY21(Consol.) • Income:₹ 283 crore for Q3FY21 (Consol.) Successful implementation of SD-WAN • Domestic 20 new customers added in Q3FY21 03 new orders in Q3FY21 100 % Backbone Network Availability
Slide 17: Other Activities
Other Activities Incorporation of Central Transmission Utility of lndia Ltd • 100% subsidiary of POWERGRID incorporated on 28.12.2020 for discharging the function of Central Transmission Utility POWERGRID Infrastructure Investment Trust (InvIT) 05 assets approved for monetization • Trust Registered
Slide 18: Other Activities
Other Activities India’s first 400 kV Digital Substation • 28 years old Malerkotla (Punjab) sub-station retrofitted with Process Bus based Substation Automation System • Results in increased system availability, reduced carbon footprint with a reduction in requirement of copper cables and civil work
Slide 19: Business Outlook
Business Outlook New Addition Works in Hand GoI has assigned project of National Importance Ongoing under RTM ~ ₹ 22,500 crore Projects • Cross Border Transmission link: 765 kV D/C Katihar (India) – Parbotipur (Bangladesh) New – Bornagar (India) ~ ₹ 9,600 crore Projects Won all the three TBCB projec
Slide 20: Business Outlook
Business Outlook ~ ₹ 14,000 crore Immediate Upcoming Opportunities • Inter-State Transmission works in RE: ~ ₹ 12,000 crore • Intra-State Transmission works in TBCB: ~ ₹ 2,000 crore Estimated Cost as per RfQ documents Transmission system associated with proposed Renewable Energy Park (10GW) in Ladak
Slide 21: Awards & Accolades
Awards & Accolades SHRM HR Excellence Award • Conferred “SHRM HR Excellence Award in Learning and development” at SHRM India Annual Conference & Expo 2020. SKOCH Award • Received SKOCH Silver Award for its transformational performance in response to the COVID-19 pandemic and POWERGRID’s Skill develo
Slide 22: THANK YOU
THANK YOU 22 Maharatna CPSE
Power Grid Corporation of India — Q3 FY2021 Earnings Presentation on 6ix