TD Power Systems Limited · NSE:TDPOWERSYS
TD Power Systems — Q3 FY2018 Earnings Presentation
15 slides from TD Power Systems's earnings presentation, December 2017
Slide 1: TD Power Systems Limited Company Presentation
TD POWER SYSTEMS LIMITED December 2017 Company Presentation 1
Slide 2: Business Structure
BUSINESS STRUCTURE Manufacturer of AC Generators (Up to 200 MW) o Diversified portfolio customized for a wide range of turbines (steam, gas, hydro and wind) and engines (diesel and gas) o Since inception, manufactured 3,606 generators, including generators exported to 73 Manufacturing countries, wit
Slide 3: 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 Unit I - 157,624 sq ft ISO 9001:2008 compliant Core building, Coil making, Winding & Machining Impreg
Slide 4: Financials: FY'18 9M
FINANCIALS: FY’18 9M Particulars (Rs Millions) FY 18 9M FY 17 9M Total Income 2,928.94 2,878.92 EBITDA 94.06 116.40 Margins (%) 3.21% 4.04% Depreciation 204.55 209.41 Interest 50.52 29.47 PBT (161.01) (122.48) Tax 20.11 2.43 PAT (181.12) (124.91) PAT after OCI (181.12) (124.91) 4
Slide 5: Pending Order
PENDING ORDER (Rs Mn) 12,000 10,708 10,165 10,000 8,000 6,000 4,000 2,000 543 - Manufacturing Projects Business Total FY17 As on December 2017 10,165 543 10,708 Domestic 962 543 1,505 Exports 545 - 545 Deemed Export 1,163 - 1,163 Domestic - Railways 7,495 - 7,495 5
Slide 6: Revenue Analysis
REVENUE ANALYSIS (Rs Mn) 3,500 3,161 2,862 3,000 2,500 2,000 1,500 1,000 500 299 - - Manufacturing Projects Business EPC TOTAL FY17 9M FY2018 2,862 299 - 3,161 Domestic 1,008 294 - 1,302 Exports 1,087 5 - 1091 Deemed Export 768 - - 768 * Prior to inter-segment and inter-company eliminations 6
Slide 7: Business Segment: Manufacturing
BUSINESS SEGMENT: MANUFACTURING Business highlights AC Generators for various applications One of the leading manufacturers of AC Generators in the range of 1 MW up to 200 MW for prime movers such as Turbines Steam Gas Hydro Wind steam & gas, and upto 52 MW for hydro, wind turbines, Up to 200 MW U
Slide 8: Business Segment: Manufacturing
BUSINESS SEGMENT: MANUFACTURING Product-wise sales (%) Key end user industries (%) 100% 100% 3% 0% 4% 3% 2% 1% 0% 6% 5% 7% 11% 90% 21% 21% 90% 13% 25% 30% 30% 6% 80% 80% 23% 9% 7% 28% 7% 11% Others Others 70% 1% 4% 70% 10% 2% 13% Gas 39% 29% 29% 7% Traction 60% 28% 60% 1% Metal Gas 29% 50% 39% 50% 1
Slide 9: Business Segment: Project Business
BUSINESS SEGMENT: PROJECT BUSINESS Business highlights TG Projects for steam turbine power plants with output capacity of up to 52 MW done under TD Power Systems Ltd Executed 122 projects aggregating 3,221 MW in India and abroad (109 TG island projects and 13 BTG island projects) Experienced t
Slide 10: Financial Track Record
FINANCIAL TRACK RECORD Segmental Revenues Consolidated (Rs Mn) 7,000 6,000 5,000 4,000 3,000 2,000 1,000 0 FY14 FY15 FY16 FY17 FY18 9M EPC 1,218 1,577 231 17 - Project Business 613 991 1,248 685 299 Manufacturing 3,259 3,768 3,816 3,462 2,862 Segmental revenues without inter-segment elimination EBIT
Slide 11: Financial Track Record
FINANCIAL TRACK RECORD Segmental EBITDA Consolidated (Rs Mn) 600 500 400 300 200 100 0 (100) (200) (300) FY14 FY15 FY16 FY17 FY18 9M EPC (119) (240) (218) (22) (7) Project Business 61 50 98 28 (19) Manufacturing 482 482 352 245 87 Segmental revenues without inter-segment elimination EBITDA – Earning
Slide 12: P & L Snapshot
P & L SNAPSHOT Consolidated Rs Mn FY14 FY15 FY16 FY 17 FY 18 9M Sales 4,802 5.974 5,068 3,799 2,751 EBITDA 198 141 67 82 (55) Depreciation (incl. Amortization) 150 288 288 279 205 EBIT 49 (147) (221) (196) (260) Other Income 341 245 202 205 149 Interest and Finance Charges 36 40 50 41 51 PBT 354 59
Slide 13: Balance Sheet Snapshot
BALANCE SHEET SNAPSHOT Consolidated As on Rs Mn Mar-14 Mar-15 Mar-16 Mar-17 Dec-17 Source of Funds 5,851 5,691 5,162 5,311 5,335 Net Worth 5,076 4,940 4,733 4,705 4,449 Minority Interest Borrowings 630 574 276 453 786 Deferred Tax Liability 146 177 153 152 100 Uses of Funds 5,851 5,691 5,162 5,311 5
Slide 14: Shareholding Structure
SHAREHOLDING STRUCTURE Shareholding % TDPS Stock Price Movement 230 Promoters 6.3% 5.3% 210 190 Mutual Funds 170 12.4% Foreign Institutional 150 Investors 130 3.8% 54.1% Individuals 110 90 Corporate Bodies 70 18.0% 50 Others 8-Sep-11 8-Sep-11 8-Sep-12 8-Sep-13 8-Sep-14 8-Sep-15 8-Sep-16 06-Feb-18 8-
Slide 15: Thank You
THANK YOU