Nhpc Limited · NSE:NHPC
Nhpc — H1 FY2021 Earnings Presentation
32 slides from Nhpc's earnings presentation, November 2020
Slide 1: Investor Presentation Financial Year 20-21: September 2020
Clean Power For Every Home INVESTOR PRESENTATION FINANCIAL YEAR 20-21 : September 2020 Salal Power Station, J&K
Slide 2: Presentation Outline
Presentation Outline 2 NHPC Today Financial Highlights Financial Ratios Other Business Initiatives Projects At Glance Our Vision: To be a global leading organization for sustainable development of clean power through competent, responsible and innovative values.
Slide 3: NHPC-Today
NHPC-Today 3 Subansiri Lower Project Teesta V, Sikkim NHPC-Energising India With Hydropower
Slide 4: Physical Snapshot
PHYSICAL SNAPSHOT 4 Kishanganga Chutak Installed • Incorporated in 1975 with authorised capital of Rs. 200 crore, Uri II Uri I Nimoo Bazgo Kiru the present authorised capital is Rs.15000 crore (Paid Up Pakal Dul Capacity Salal J&K Dulhasti Capital Rs.10,045 crore) Sewa II Baira Siul Chamera II Parba
Slide 5: Physical Snapshot
PHYSICAL SNAPSHOT Power Stations under Operation-22 Nos. 5 (5551 MW*) Hydro Power is 12% (45699 MW) of Installed Power Stations with Subsidiary (NHDC) - 2 Nos. All India Installed Capacity (373029 MW**) . Capacity (1520 MW) Total Operational Projects – 24 Nos. (7071 MW) NHPC Contribution is 15
Slide 6: NHPC's Track Record – A Ten Year Digest
NHPC ‘s Track Record – A Ten Year Digest 6 Installed Actual H1 FY’21 Actual H1 FY’20 Capacity Standalone Generation in (M.U) 26126 23683 24410 22038 23275 22973 •Country •Country Generation Generation 18606 18683 18923 18386 659 BU 599 BU Under Construction •Share of Hydro •Share of Hydro Power 96 B
Slide 7: Financial Highlights
7 Financial Highlights Sewa II, J&K Chamera I, Himachal Clean Power For Every Home
Slide 8: Financial Highlights: Standalone
Financial Highlights : Standalone Particulars FY’21 Half Year Qtr-2 Half Year FY’20 Qtr-2 Full Year % Change Half Year Qtr-2 8 Rs. In Crore Revenue & Expenditure-Analysis Revenue from Operation 5072.90 2554.03 5026.68 2605.39 8735.41 0.92 -1.97 Revenue H1 FY’21 Expenditure H1 FY’21Employ Other Incom
Slide 9: Statement of Assets & Liabilities
Statement of Assets & Liabilities Rs. In Crore 9 Equity and Liabilities H1- FY’21 FY’20 Share Holder’s Funds 31622.70 29983.81 Loan Funds-Long Term 20612.81 20889.74 Deferred Tax Liabilities 3616.75 3641.19 Other Long term Liabilities & Provisions 4130.58 4169.54 Current Liabilities & Provisions 745
Slide 10: Debtors Position
Debtors Position Rs. In Crore Total Debtors (in Crs.) 10 S. N. Particulars As on As on As on As on As on 30.09.2020 30.06.2020 31.03.2020 31.12.2019 30.09.2019 1 Trade Receivables 5005 4672 3818 3779 3697 2 More than 45 days 3719* 3627* 3164* 2951* 2640* Top Five Debtors (in Crs.) Name 30.09.2020 31
Slide 11: Incentives Position
Incentives Position 11 Comparative Incentive YoY (in Crs.) Rs. In Crore Sl. Particulars FY20-21 FY19-20 Q-1 Q-2 Q-3 Q-4 Total Q-1 Q-2 Q-3 Q-4 Total 1 Secondary 0.00 22.80 - - 22.80 - 36.34 64.35 227.70 328.39 Energy 2 Incentives 148.25 136.54 - - 284.79 141.63 113.12 91.37 14.83 360.95 3 Deviation 3
Slide 12: Key Financials: H1 FY'21
Key Financials : H1 FY’21 P&L Standalone Balance Sheet Standalone 12 ` In Crore Total Income 5585 Share Capital 10045 EBITDA 3392 Net worth 31623 EBITDA Margin 61% Long Term Debt 20613 PAT 2021 Cash & Bank Bal. 1363 Profit Margin 36% Gross Block 40641 Dividend Pay Out (FY‘20) Rs. 1.50 Per Share/ 50%
Slide 13: NHPC – Key Ratios
NHPC – Key Ratios S. No. Particulars H1 FY’21 FY’20 13 Particulars Standalone Consolidated Standalone Consolidated 1. PAT (Rs. in Cr.) 2021.04 1960.24 3007.17 2874.61 2. Net-worth (Rs. in Cr.) 31622.70 32946.50 29983.81 31370.61 3. No. of Equity Shares (In Cr.) 1004.50 1004.50 1004.50 1004.50 4. EPS
Slide 14: NHDC Ltd. (Subsidiary) – Snapshots: FY19-20
NHDC Ltd. (Subsidiary) – Snapshots : FY19-20 Shareholding Pattern : 51:49 (NHPC : GoMP) 14 Physical Performance 93.64% 94.32% Installed Capacity : 1520 MW 4,749 5,000 93.26% 93.89% 4,110 95% 90.64% 94% 4,000 93% 3,000 2,933 1,325 Design Energy : 2120.17 MUs 1,921 92% 2,000 91% 90% 1,000 89% Generati
Slide 15: Capacity Addition & Regulated Equity (Hydro)
NHPC – Capacity Addition & Regulated Equity (Hydro) Progressive Capacity Addition 15 Progressive Regulated Equity 25000 21853 Cap. Add. 23-24/ 8251 MW Cuml. Cap. 2000 20000 15855 Subansiri Lower : 2000 MW 15000 12886 Cap.Add. 21-22/ 6251 MW Cuml. Cap. 800 MW 10000 5998 Parbati II : 800 MW 5000 2969
Slide 16: NHPC – CAPEX
NHPC – CAPEX F.Y Amount (Rs. In Remarks 16 Crore) 2014-15 2615 (Actual) 2015-16 2793 (Actual) 2016-17 2438 (Actual) 2017-18 2722 (Actual) 2018-19 2213 (Actual) 2019-20 4155 (Actual) 2020-21 5256 (BE)
Slide 17: Major Highlights during the period
NHPC – Major Highlights during the period 17 In principal Approval has been received from Minstry of for development of 1200 MW Solar Power park scheme by Bundelkhand Saur Urja Limited under Ultra Mega Renewable Energy Power Parks (UMREPP) mode of the Solar Park Scheme in Jalaun Distrcit of Uttar
Slide 18: Other Business Initiative: Solar Energy
18 Other Business Initiative Solar Energy Clean Power For EVERY HOME
Slide 19: Other Business Initiative: Solar Power
Other Business Initiative Solar Power 19 65 MW Solar Power Project in Jalaun, Uttar Pradesh JVC of NHPC Ltd. & UPNEDA namely ‘Bundelkhand Saur Urja Share of NHPC & UPNEDA : >=74:<=26 Limited’ formed on 02.02.2015 Current Status: Based on additional identified land, the earlier envisaged 32 MW Solar
Slide 20: Other Business Initiative: Solar Power
Other Business Initiative Solar Power 20 Selection of Developers for Development of Aggregate 2000 MW ISTS connected Solar Power Project NHPC issued a Request for Selection (RFS) document as an Intermediary Procurer for selection of developer for development of aggregate 2000 MW Solar Power Projects
Slide 21: NHPC Projects At A Glance
21 NHPC Projects At A Glance NHPC-Energising India With Hydropower
Slide 22: Projects in Operation
NHPC – Projects in Operation 22 Installed Design Tariff NHPC Project & Year of Capital Cost S. No Capacity Energy (18-19) Type of the project State/UT comm. as on 31.03.20 (MW) (MU) (Rs. /Kwh)* 1 Baira Siul (3x60) 180 779.28 1981 204.86 2.04 Run of River (ROR) with small Himachal Pradesh (Sep) ponda
Slide 23: Projects in Operation… contd.
NHPC – Projects in Operation… contd. S.No. NHPC Project Installed Capacity Design Energy Year of Capital Cost Tariff (18-19) 23 Type of the project Comm. as on 31.03.20 (Rs. /Kwh)* (MW) (MU) 11 Teesta-V, (3x170) 510 2572.70 2008 2796.72 2.33 ROR with small pondage Sikkim (Mar) 12 Sewa-II, (3x40) 120
Slide 24: Projects in Operation… contd.
NHPC – Projects in Operation… contd. Renewable Energy 24 Installed Design Capital Cost Year of Tariff 19-20 S.No Project Capacity Energy as on Place of Project Comm. (Rs./unit) (MW) (MU) 31.03.2020 1 Wind Power 50 94.25 2016 330.40 3.67 Lakhmana, Jaisalmer 2 Solar Power 50 105.96 2018 290.59 4.41 Th
Slide 25: Projects Under Construction
NHPC: Projects Under Construction Installed Design Type of the CCEA Estimated Anticipated Provisional Project 25Expected NHPC Project Capacity Cost (Rs. Crore) Project Cost (Rs. Commissioning Energy (MU) project Expenditure till – (MW) (Price Level) Crore) Schedule Sep’20 (Rs. Crore) Subansiri Lower
Slide 26: Projects Under Construction
NHPC: Projects Under Construction 26 Project Under Construction-JV Expected Installed Design Energy S.No Projects Cost (In Cr.) & PL Commissioning Status Capacity (MW) (MUs) Schedule 1 Chenab valley Power Projects Ltd. (JV between NHPC (49%) JKSPDC (49%), & PTC (2%) Civil construction activities f
Slide 27: Standalone Projects Under Clearance
NHPC Standalone Projects Under Clearance Installed Design Cost 27 S.No. Projects Capacity Energy (In Crore) Status (MW) (MUs) & PL Kotli Bhel–IA 2321 PIB had recommended the project for investment subject to clearance from 1 (3x65) 195 1025.50 (Mar 19) Hon’ble SC for Uttarakhand Projects. Decision o
Slide 28: JV Projects Under Clearance
NHPC –JV Projects Under Clearance Projects Under JV S.No Projects Installed Design Capacity (MW) Energy (MUs) Cost (In Cr.) & PL Status 28 Kwar (4x135) UT of J&K 4948 All clearances are available. Consent from Govt. of J&K for waiver of 12% free power & 1 (JV between NHPC (49%) 540 1976 (July18) wat
Slide 29: Subsidiary Company's Project Under Clearance
NHPC –Subsidiary Company’s Project Under Clearance 29 Projects Under Subsidiary Installed Design Cost (In S.No Projects Status Capacity (MW) Energy (MUs) Cr.) & PL 1 Loktak D/S 66 333.76 1329 All statutory clearances of project except CCEA are available. (2x33) Manipur (Jul 20) Tendering of all
Slide 30: Projects Under Pipeline
NHPC –Projects Under Pipeline 30 Installed S. No. Projects State Capacity Status (MW) Projects Under FR/DPR Preparation 1 Garba Tawaghat Uttarakhand 630 • Implementation of the project is hold due to the following reasons: a) To take up the matter at appropriate forum for obtaining consent of Govt.
Slide 31: Projects Under Pipeline
NHPC –Projects Under Pipeline 31 Installed S. No. Projects State Capacity Status (MW) Projects Under FR/DPR Preparation 3 Dugar Himachal 500* • Revised proposal for pre-investment activities amounting to Rs. Pradesh 89.41 crs. submitted to MoP on 07.10.2020. All queries stand replied. • NIT for EIA
Slide 32: NHPC-Energising India With Hydropower
32 NHPC-Energising India With Hydropower