Td Power Systems Limited · NSE:TDPOWERSYS
Td Power Systems — Investor Presentation (September 2012)
32 slides from Td Power Systems's investor presentation, September 2012
Slide 1: TD Power Systems Ltd Company Presentation
Strictly Private & Confidential TD Power Systems Ltd Company Presentation Sept 2012
Slide 2: Table of Contents
Table of Contents Company Overview Business Segments Strengths and Strategy Management Team Financial Overview 2 Strictly Private & Confidential
Slide 3: Company Overview
COMPANY OVERVIEW 3 Strictly Private & Confidential
Slide 4: TD Power Systems Ltd
TD Power Systems Ltd Incorporated in 1999, TD Power Systems is one of the leading manufacturers of AC Generators for a diverse range of prime movers with output capacity in the range of 1 MW to 52 MW and as of Sept 30,2012 has supplied 1,871 generators with an aggregate output capacity of over 15,
Slide 5: Milestones
Milestones License and Supply Framework Agreement with Siemens AG for 2 Pole Generators in the range of 74 Product Development Cooperation and Manufacturing MVA to 250 MVA. Agreement with Voith Hydro Holding GmbH for jointly developing electrical generators Purchase Framework Agreement and License 2
Slide 6: Business Segments
BUSINESS SEGMENTS 6 Strictly Private & Confidential
Slide 7: Business Structure
Business Structure For prime movers such as steam turbines, gas turbines, hydro AC Generator turbines, wind turbines and manufacturing up to diesel and gas engines Manufacturing * 200 MW Technology tie ups with TD Power Systems Ltd international power equipment (TDPS) manufacturers Turbine-Gen
Slide 8: Business Segments – Manufacturing
Business Segments – Manufacturing Business highlights AC Generators for various applications One of the leading manufacturers of AC Generators in the Turbines range of 1 MW up to 200 MW for prime movers such as Steam Gas Hydro Wind Up to 200 MW Customised Horizontal -Up to 15 MW 1 MW steam & gas,
Slide 9: Business Segments – Manufacturing
Business Segments – Manufacturing Product-wise sales (%) Key end user industries (%) 1.1% 0.0% 2.5% 0.6% 0.0% 5.4% 8.1% 9.7% 6.21% 6.9% 0.8% 0.0% 0.0% 2.39% 3.2% 10.2% 9.7% 19.9% 8.1% Others 21.4% Others 19.70% 35.1% 41.5% 46.5% Diesel Metal 20.0% 60.8% Wind 19.32% Hydro 13.2% 19.9% 10.8% 81.1% 81.3
Slide 10: Business Segments – Power Projects
Business Segments – Power Projects Business highlights TG Projects for steam turbine power plants with output capacity of up to 52 MW done under TD Power Systems Ltd DF Power Systems Pvt Ltd, a wholly owned subsidiary, executes EPC projects which include BTG island project and BOP portion (exclu
Slide 11: Strengths & Strategy
STRENGTHS & STRATEGY 11 Strictly Private & Confidential
Slide 12: Key Strengths
Key Strengths Leading manufacturer of AC Generators with a diversified product portfolio Technology ownership, Skilled senior management and relationships and in-house technical team design expertise State of the art Project Execution Capabilities manufacturing facilities and for Power Project Busin
Slide 13: Leading Manufacturer of AC Generators With a Diversified Product Portfolio
Leading Manufacturer of AC Generators With a Diversified Product Portfolio We believe, we are among the very few Indian manufacturers with the capability to manufacture generators with output capacities ranging from 1MW - 200MW TDPS and DFPS – Product Offerings Generators from 1 – 200 MW TG Island f
Slide 14: Technology Ownership, Collaborations and In-house Design Expertise
Technology Ownership, Collaborations and In-house Design Expertise Ability to absorb and improvise on external technology and expand product range Well established track record of successfully absorbing new technologies for manufacturing generators In 2001, licensed technology from Toyo Denki for
Slide 15: Project Execution Capabilities for Power Project Business
Project Execution Capabilities for Power Project Business Established track record and reputation for efficient project management, execution and timely completion of projects in the power generation sector Significant experience and established track record and reputation for efficient project ma
Slide 16: Customer Centric Approach With the Ability to Customize
Customer Centric Approach With the Ability to Customize Satisfied customer base is a result of the high quality products that TDPS manufactures and customer centric approach Customer centric approach enables the Company to understand and respond to the requirements of customers Also enables to exp
Slide 17: State of the Art Manufacturing Facilities and Cost Efficient Production
State of the Art Manufacturing Facilities and Cost Efficient Production Manufacturing units with advanced machines help in delivering competitively priced products with the highest quality standards IT infrastructure to ensure ISO 9001:2008 compliant manufacturing seamless interaction units in Ban
Slide 18: Skilled Senior Management and Technical Team
Skilled Senior Management and Technical Team Experienced promoters and strong management framework Promoters of TDPS, Nikhil Kumar and Hitoshi Matsuo have significant experience in the manufacturing and project businesses in the power sector in India and overseas Management and technical teams h
Slide 19: Managerial Organisation Structure
Managerial Organisation Structure Board of Directors Nikhil Kumar Tadao Kuwashima Managing Director Hitoshi Matsuo Whole Time Director Whole time Director (Director Technical) (Director Japan Branch Office) K.G. Prabhakar G.S Raju Marketing S. Prabhamani Manjunath S.V. Chief Financial Officer Chief
Slide 20: Growth Strategy
Growth Strategy 1 Enhance Product Portfolio 2 Strengthen presence in developed & emerging markets and explore new geographies Constant focus on technology, operational efficiency and cost 3 competitiveness 4 Expansion of power projects business 20 Strictly Private & Confidential
Slide 21: Growth Strategy
Growth Strategy Strengthen presence in developed & emerging Enhance product portfolio 1 2 markets and explore new geographies Continue focus on existing markets in emerging Enhance AC generators product portfolio by economies of Middle East, Africa and South East upgrading and introducing new pr
Slide 22: Management Team
MANAGEMENT TEAM 22 Strictly Private & Confidential
Slide 23: Board of Directors
Board of Directors Nikhil Kumar Over 21 years of work experience in manufacturing business of electrical rotating machines Jt MD India Business Ops. B.E - REC Karnataka, General Management Responsible for overall management of operations, strategic planning, technology alliances and sales and Ha
Slide 24: Senior Management Team at TDPS
Senior Management Team at TDPS K G Prabhakar Over 29 years of work experience in accounting, corporate finance, and tax management. Chief Financial Officer B.Com, Chartered Accountant - ICAI Responsible for Accounting, Financial and tax management of the Company and Group. N. Srivatsa Over 21
Slide 25: Senior Management Team at DFPS
Senior Management Team at DFPS G S Raju Over 21 years of work experience in various corporate including EID Parry India Limited and GMR Industries CEO – DF Power Systems Limited. B.E, Andhra University, General Management- IIM-Bangalore Responsible for running the business of subsidiary, DF Powe
Slide 26: Financial Overview
FINANCIAL OVERVIEW 26 Strictly Private & Confidential
Slide 27: Financial Track Record
Financial Track Record Segmental Revenues Consolidated (Rs Mn) Consolidated 4,166 3,758 3,046 2,621 273 5% 1,643 40% 42% 2,534 1,783 32% 1,097 58% 50% 23% 19% 3,480 4,115 862 25% 2,253 2,763 42% 45% 36% 39% 1,491 43% FY09 FY10 FY11 FY12 FY13 H1 Manufacturing Projects business EPC Segmental EBITDA Co
Slide 28: Key Financials & Ratios
Key Financials & Ratios Strong Growth in Revenues… …With Robust EBITDA Margins Rs Mn Rs Mn 1,000 10.4% 8.9% 12.0% 12,000 10.2% 9.7% 10,000 800 894 919 10.0% 10,316 8,000 10.2% 8.0% 8,637 600 718 6,000 7,382 6.0% 538 508 5,290 400 4,000 4,961 4.0% 2,000 200 2.0% - - 0.0% FY08 FY09 FY10 FY11 FY12 FY08
Slide 29: P&L Snapshot
P&L Snapshot Consolidated Rs Mn FY09 FY10 FY11 FY12 FY13H1 Sales 4,961 7,382 8,637 10,316 3,151 EBITDA 508 718 894 919 245 Depreciation (incl. Amortization) 33 57 80 91 55 EBIT 476 662 814 827 190 Other Income 105 72 109 224 171 Interest and Finance Charges 26 42 67 66 16 PBT 554 691 856 986 345 Tax
Slide 30: Balance Sheet Snapshot
Balance Sheet Snapshot Consolidated As on Rs Mn Mar-09 Mar-10 Mar-11 Mar-12 Sept-12 Source of Funds 1,276 2,115 2,800 5,035 5,212 Net Worth 949 1,318 1,873 4,603 4,819 Minority Interest 2 44 Borrowings 287 682 856 346 289 Deferred Tax Liability 38 70 72 85 104 Uses of Funds 1,276 2,115 2,800 5,035 5
Slide 31: Order book
Order book As at Sept 30th 2012 Value (Rs. Mn) Quantity Manufacturing 2,301.04 249 Domestic 1,389.95 189 Export* 911.09 60 Projects Business 1,167.92 10 Domestic 922.26 10 Export 245.66 EPC Business 436.30 5 India 436.30 5 Total 3,905.26 264 •includes orders for AC Generators placed through our bran
Slide 32: Thank You
THANK YOU 32 Strictly Private & Confidential
TD Power Systems — Investor Presentation (September 2012) on 6ix