PTC INDIA LTD. INVESTOR PRESENTATION Q4FY17 & FY17

Transcription

1 PTC INDIA LTD. INVESTOR PRESENTATION Q4FY17 & FY17

2 DISCLAIMER This presentation and the accompanying slides (the Presentation ), which have been prepared by PTC India Limited (the Company ), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or binding commitment whatsoever. Certain matters discussed in this Presentation may contain statements regarding the Company s market opportunity and business prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties include, but are not limited to: the performance of the Indian economy and of the economies of various international markets, the performance of the power industry in India and world-wide, competition, the company s ability to successfully implement its strategy, the Company s future levels of growth and expansion, technological implementation, changes and advancements, changes in revenue, income or cash flows, the Company s market preferences and its exposure to market risks, as well as other risks. The Company s future results, levels of activity, performance or achievements could differ materially and adversely from results expressed in or implied by this Presentation. The Company assumes no obligation to update any forward-looking information contained in this Presentation. Any forward-looking statements and projections made by third parties included in this Presentation are not adopted by the Company and the Company is not responsible for such third party statements and projections. The distribution of this document in certain jurisdictions may be restricted by law and persons into whose possession this presentation comes should inform themselves about and observe any such restrictions. 2

3 PERFORMANCE REVIEW 3

4 Q4FY17 AT A GLANCE - Standalone Total Volumes (BUs) T o t a l R e v e n u e f r o m O p e r a t i o n ( I N R C r o r e s ) 3, , , , , , , Q4FY16 Q4FY17 2, Q4FY16 Q4FY Q4FY16 PBT (INR Crores) Q4FY Q4FY16 PAT (INR Crores) Q4FY17 4

5 FY17 AT A GLANCE - Standalone 50 Total Volumes (BUs) T o t a l R e v e n u e f r o m O p e r a t i o n ( I N R C r o r e s ) FY16 FY FY16 FY PBT (INR Crores) PAT (INR Crores) FY16 FY17 0 FY16 FY17 5

6 FY17 AT A GLANCE - Consolidated T o t a l R e v e n u e f r o m O p e r a t i o n ( I N R C r o r e s ) FY16 FY PBT (INR Crores) Consolidated PAT (INR Crores) PAT Attributable to PTC FY16 FY17 0 FY16 FY17 The above results are as per Ind-AS w.e.f 1 st April 2016 with comparatives restated 6

7 PHYSICAL PERFORMANCE SNAPSHOT (Q4FY17) Business Segment Q4FY17 Q4FY16 Growth (Units in Millions) % of total trade (Units in Millions) (%) Short Term Trades * % % Medium Term 609 6% % Long Term Trades ** % % Wind Total % % * Short Term Trades include trades on power exchanges; **Long Term Trades include trades from Cross Border operations 7

8 PHYSICAL PERFORMANCE SNAPSHOT (FY17) Business Segment FY17 FY16 Growth (Units in Millions) % of total trade (Units in Millions) (%) Short Term Trades * % % Medium Term % % Long Term Trades ** % ,1% Wind % Total % % * Short Term Trades include trades on power exchanges; **Long Term Trades include trades from Cross Border operations 8

9 KEY HIGHLIGHTS FY17 PTC s contract for supplying 250 MW to Bangladesh has been extended for 6 months from 1 st Feb, 2017 to 31 st July, MW Teesta-III Hydroelectric Project (HEP) has achieved COD on 28 th Feb, The project has 6 units of 200 MW each Long Term capacity of 445 MW has started flowing during FY17 PTC will be the trading partner responsible for purchase and sale of power from wind power projects for the first ever auction conducted by SECI. The price discovered (from 5 projects constituting 1050 MW) is fixed at Rs. 3.46/unit for 25 years Consulting services for energy audit and energy efficiency areas consolidate on earlier starts. Power procurement advisory for energy intensive units like refineries make further progress PTC Energy Limited (PEL) executed 5 wind power projects aggregating to MW in AP and Karnataka. PEL s total portfolio capacity now stands at MW 9

10 NUMBERS UP-CLOSE Q4FY17 (STANDALONE) P&L (Three Months Ending 31 st March 2017) Particulars (INR Crore) Q4 FY17 Q4 FY16 % Y-o-Y Q3 FY17 % Q-o-Q Total Income from Operations 3, , % 3, % Expenses: Purchases 3, , % 2, % Operating Expenses % % Employee Benefit Expenses % % Depreciation % % Other Expenses % % Total Expenses 3, , % 3, % Profit from operations % % (before Other Income, Finance Costs & Exceptional Items) Other Income % % Finance Costs % % Exceptional Items (0.03) (37.52) - Profit Before Tax % % Tax Expenses % % (including deferred tax) Net Profit for the Period % % The above results are as per Ind-AS w.e.f 1 st April 2016 with comparatives restated 10

11 NUMBERS UP-CLOSE FY17 (STANDALONE) P&L (Full Year Ending 31 st March 2017) Particulars (INR Crore) FY 17 FY 16 Variance Total Income from Operations 14, , % Expenses: Purchases 13, , % Operating Expenses % Employee Benefit Expenses % Depreciation % Other Expenses % Total Expenses 13, , % Profit from operations % (before Other Income, Finance Costs & Exceptional Items) Other Income % Finance Costs % Exceptional Items (0.02) (37.52) Profit Before Tax % Tax Expenses % (including deferred tax) Net Profit for the Period % The above results are as per Ind-AS w.e.f 1 st April 2016 with comparatives restated 11

12 NUMBERS UP-CLOSE FY17 (CONSOLIDATED) P&L (Full Year Ending 31 st March 2017) Particulars (INR Crore) FY 17 FY 16 Variance Total Revenue from Operations % Expenses: Purchases % Provision for Expected Credit Loss % Operating Expenses % Employee benefit expenses % Depreciation and Amortization Expenses % Other Expenses % Total Expenses % Profit from operations before other income, finance costs and exceptional items % Other Income % Profit from ordinary activities before finance costs and exceptional items % Finance costs % Profit from ordinary activities after finance costs but before exceptional items % Exceptional items: -Provision for diminution in value of long term investment Profit / (Loss) on sale of fixed assets Profit from ordinary activities before tax % Tax expenses: Current tax Deferred tax expenditure/ (income) Net Profit for the period % The above results are as per Ind-AS w.e.f 1 st April 2016 with comparatives restated 12

13 RECEIVABLES & REBATES Particulars Q4FY17 Q4FY16 FY17 FY16 Net Rebate (Rs. Cr.) Net surcharge (Rs. Cr.) Margin per unit (Rs./unit) Margin per unit (without rebate & surcharge) (Rs./ unit)

14 Our Vision To be a frontrunner in power trading by developing a vibrant power market and striving to correct market distortions THANK YOU For more information contact: Shivank Kapur/ Harsh Wardhan PTC India Limited / Fortuna PR Tel: / Tel: investorrelations@ptcindia.com harsh@fortunapr.com