Rec Limited · NSE:RECLTD
Rec — Rural Electrification — Q1 FY12 Earnings Presentation
13 slides from Rec's earnings presentation, 2011
Slide 1: Management Presentation: Performance Highlights Q1 FY12
Management Presentation Performance Highlights Q1 FY12 Q RURAL ELECTRIFICATION CORPORATION LIMITED A Navratna PSU
Slide 2: Highlights (Q1 FY12 vs. Q1 FY11)
HIGHLIGHTS (Q1 FY12 VS. Q1 FY11) Total Assets (net of current liabilities) increased by 23% from ` 69,154 Crores to ` 84,871 Crores. Balance Sheet Outstanding Borrowings increased by 24% from ` 57,493 Crores to ` 71,420 Crores Net worth increased by y 15% from ` 11,668 , Crores to ` 13,451 , Crores.
Slide 3: Sanctions - Composition
SANCTIONS - COMPOSITION (` In Crores) Sanctions Q1 Q1 Q2 Q3 Q4 12M 12M 12 M FY 12 FY 11 FY 11 FY 11 FY 11 FY 11 FY 10 FY 09 Discipline-wise Discipline wise Amount Amount Amount Amount Amount Amount Amount Amount 15,171 11,177 4,796 6,325 18,077 40,375 24,032 21,708 Generation 72% 49% 46% 60% 80% 61%
Slide 4: Disbursements - Composition
DISBURSEMENTS - COMPOSITION (` In Crores) Q1 Q1 Q2 Q3 Q4 12M 12M 12 M Disbursements FY 12 FY 11 FY 11 FY 11 FY 11 FY 11 FY 10 FY 09 Discipline - wise Amount Amount Amount Amount Amount Amount Amount Amount 2,998 3,239 2,759 2,185 3,571 11,754 8,397 7,850 Generation 55% 70% 50% 36% 43% 48% 40% 46% 1,
Slide 5: Outstanding Loan - Composition
OUTSTANDING LOAN - COMPOSITION (` In Crores) Loan Q1 Q1 Q2 Q3 Q4/12M 12M 12M Outstanding FY 12 FY 11 FY 11 FY 11 FY 11 FY 10 FY 09 Discipline Amount % Amount % Amount % Amount % Amount % Amount % Amount % State 70,681 82 59,505 86 62,671 86 63,310 86 68,092 83 55,574 84 43,303 85 Central PSUs 5,917
Slide 6: Loan Quality
LOAN QUALITY (` In Crores) P ti l Particulars Q1 Q1 Q2 Q3 Q4/12M 12M 12 M FY 12 FY 11 FY 11 FY 11 FY 11 FY 10 FY 09 L Loan outstanding t t di * 85 825 85,825 69 217 69,217 72 900 72,900 75 744 75,744 81 725 81,725 65 979 65,979 50 653 50,653 Gross NPA 270 20 20 20 20 20 69 Provision 43 18 18 18 18 1
Slide 7: Funds Raised During the Period
FUNDS RAISED DURING THE PERIOD (` In Crores) Q1 Q1 Q2 Q3 Q4 12 M 12 M 12M Category FY 12 FY 11 FY 11 FY 11 FY 11 FY 11 FY 10 FY 09 Amount Amount Amount Amount Amount Amount Amount Amount 1 053 1,053 925 1 093 1,093 1 116 1,116 1 911 1,911 5 045 5,045 3 058 3,058 2 525 2,525 Capital Gains Bonds 6.00%
Slide 8: Borrowing Profile as at End of the Period
BORROWING PROFILE AS AT END OF THE PERIOD (` In Crores) Q1 Q1 Q2 & H1 Q3 & 9M Q4 & 12 M 12 M 12 M FY 12 FY 11 FY 11 FY 11 FY 11 FY 10 FY 09 Particulars Amount % Amount % Amount % Amount % Amount % Amount % Amount % Capital Gains & Infra 12,098 17 10839 19 10265 17 10541 17 11316 16 9,949 18 14,394 3
Slide 9: Balance Sheet
BALANCE SHEET (` In Crores) 2011-12 2010-11 FY 10 FY 09 Particulars 12M 12M Q1 Q1 Q2 & H1 Q3 & 9M 12M Liabilities Shareholders Funds 13 451 13,451 11,668 12,286 12,547 12,788 11,080 6,190 Borrowings 71,420 57,493 60,428 63,225 70,004 55,948 44,936 Total Liabilities 84,871 69,161 72,714 75,772 82,792
Slide 10: Income Statement
INCOME STATEMENT (` In Crores) 2011-12 2011 12 2010 11 2010-11 FY11 FY 10 FY 09 Particular Q1 Q1 Q2 Q3 Q4 12 M 12M 12M Interest Income 2,313 1,877 1,988 2,086 2,158 8109 6,431 4,665 Interest Expenses 1,403 1,101 1208 1238 1,304 4851 3,911 2,897 Net Interest Income 910 776 780 848 854 3258 2,520 1,76
Slide 11: Key Indicators
KEY INDICATORS Q1 Q1 Q2 Q3 Q4 12 M 12 M 12 M Key Indicators FY12 FY11 FY11 FY11 FY11 FY11 FY10 FY 09 Yield on Loan (%) 11.04 11.11 11.20 11.24 10.96 10.98 11.03 10.45 (Annualised) Cost of Borrowing (%) 7.94 7.76 7.96 7.80 7.76 7.62 7.76 7.32 (Annualised) Interest Spread (%) 3.10 3.35 3.24 3.44 3.20
Slide 12: Shareholding Pattern
SHAREHOLDING PATTERN As on As on As on As on As on As on As on 30.06.11 31.03.11 31.12.10 30.09.10 30.06.10 31.03.10 Description % % % % % % President of India 66.80 66.80 66.80 66.80 66.80 66.80 Foreign Institutional 19 00 19.00 20 77 20.77 21 22 21.22 20 40 20.40 19 33 19.33 17 83 17.83 Investors
Slide 13: Thank You
THANK YOU 13
Rural Electrification — Q1 FY12 Earnings Presentation on 6ix