Indian Energy Exchange Ltd. · NSE:IEX

Indian Energy Exchange — Q3 FY2019 Earnings Presentation

14 slides from Indian Energy Exchange's earnings presentation, Feb 8, 2019

  1. Slide 1: Earnings Release for Quarter and Nine Month ended December 31st, 2018

    Earnings Release for Quarter and Nine Month ended December 31st ,2018

  2. Slide 2: Disclaimer

    Disclaimer Certain statements in this presentation describing the Company's objectives, projections, estimates and expectations may be 'forward looking statements' within the meaning of applicable laws and regulations. Although our expectations are based on reasonable assumptions, these forward-look

  3. Slide 3: IEX: India's leading Power Exchange

    IEX: India’s leading Power Exchange 42.28 BUs of electricity traded in 9M FY19 with an increase of 20% w.r.t. 9M FY18 127.18 Crs PAT in 9M FY19 with an increase of 27% w.r.t. 9M FY18 India’s First & Largest Power Exchange Dominant market share of over 98% of traded volume in electricity Efficient pr

  4. Slide 4: Power Sector Updates (As on 31st Dec,18)

    Power Sector Updates (As on 31st Dec,18)  Installed capacity grew by 6% Y-o-Y.  Robust electricity demand growth by 6.2% Y-o-Y  Domestic coal production increased by 7.5 % Y-o-Y.  MoP issued guidelines for Cross Border Trade of Electricity enabling trade of power (DAM and TAM both) through excha

  5. Slide 5: Power Sector Updates (As on 31st Dec,18)

    Power Sector Updates (As on 31st Dec,18)  CERC has issued a Discussion Paper on “Re-designing Real Time Electricity Markets in India” on 25.07.2018, for starting hourly market on exchange.  CERC has issued a Discussion Paper on “Re-designing Ancillary Services Mechanism in India” for exchange base

  6. Slide 6: Key Highlights - Q3 and 9 Month (As on 31st Dec,18)

    Key Highlights _ Q3 and 9 Month (As on 31st Dec,18)  All India generation increased by 6.5% (from 980 BUs to 1044 BUs)and IEX electricity trade volume increased by 20% in 9M FY19 as compared to Y-o-Y.  On a daily average basis about 210 MU were traded in October-18, the highest during any month. 

  7. Slide 7: Financial Highlights - Quarter III (As on 31st Dec)

    Financial Highlights _ Quarter III (As on 31 Dec) st (Rs. in Crs) Quarter Ended Particulars Dec’18 Dec’17 Y-o-Y (%) Total Revenue 76.92 70.21 10 Operating Expenses 14.90 12.22 22 EBITDA 62.02 57.99 7 EBITDA Margin (%) 81 83 -1.97 PBT 59.31 54.95 8 Tax 16.69 18.75 -11 PAT 42.62 36.20 18 Cash Profit 4

  8. Slide 8: Detailed Financial - Quarter III (As on 31st Dec)

    Detailed Financial _Quarter III (As on 31st Dec) (Rs. in Crs) Quarter Ended Particulars Dec’18 Dec’17 Y-o-Y (%) Revenue Transaction Fees 58.98 58.28 1 Admission & Annual Fees 4.82 6.47 -26 Other Income 13.12 5.46 140 Total revenue 76.92 70.21 10 Expenses Employee benefits 6.63 7.46 -11 Other expense

  9. Slide 9: Revenue Breakup analysis - Quarter III

    Revenue Breakup analysis _ Quarter III FY18 FY19 Transaction Fees Admission & Annual Fees Other Income Transaction Fees Admission & Annual Fees Other Income 8% 17% 9% 6% 77% 83% 9

  10. Slide 10: Financial Highlights - 9M (As on 31st Dec)

    Financial Highlights _ 9M (As on 31 Dec)st (Rs. in Crs) 9M Ended Particulars Dec’18 Dec’17 Y-o-Y (%) Total Revenue 226.32 193.21 17 Operating Expenses 39.57 33.93 17 EBITDA 186.75 159.28 17 EBITDA Margin (%) 83 82 .08 PBT 178.71 151.76 18 Tax 51.53 51.52 PAT 127.18 100.24 27 Cash Profit 135.05 107.5

  11. Slide 11: Detailed Financial - 9 Month (As on 31st Dec)

    Detailed Financial _ 9 Month (As on 31 Dec) st (Rs. in Crs) 9M Ended Particulars Dec’18 Dec’17 Y-o-Y (%) Revenue Transaction Fees 182.45 156.38 17 Admission & Annual Fees 15.18 18.88 -20 Other Income 28.69 17.95 60 Total revenue 226.32 193.21 17 Expenses Employee benefits 18.66 17.92 4 Other expense

  12. Slide 12: Revenue Breakup analysis - 9 Month

    Revenue Breakup analysis _ 9 Month FY18 FY19 Transaction Fees Admission & Annual Fees Other Income Transaction Fees Admission & Annual Fees Other Income 9% 12% 10% 7% 81% 81% 12

  13. Slide 13: Day Ahead Market - FY19* (As on 31st Dec,18)

    Day Ahead Market _ FY19* (As on 31st Dec,18) Purchase Bid (MUs) Sell Bid (MUs) Cleared Volume (MUs) MCP (Rs/Unit) 9000 7.00 8543 8141 8000 7918 7688 7337 7337 7408 6.00 7225 5.94 6937 7000 6441 6505 6123 5.00 5962 6000 5725 5506 4.69 5101 4.67 4918 4965 4981 4899 4.00 5000 4611 4568 3.98 3.73 4055 4

  14. Slide 14: Thank You

    QIEX Thank You

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