Td Power Systems Limited · NSE:TDPOWERSYS
Td Power Systems — 9M FY2012 Earnings Presentation
27 slides from Td Power Systems's earnings presentation, 2012
Slide 1: Investor Presentation 9M FY2012
In ANY" rT — SYSTEMS LIMI1 TD POWER S\ INVESTOR PRESENTATION 9M FY2012
Slide 2: Forward-looking statements disclaimer
Certain statements in this document may be forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties like regulatory changes, local political or economic developments, and many other factors that could cause our actual results to differ materially fro
Slide 3: Agenda
Overview Milestones Business Structure Growth Strategies Relationships Manufacturing Facilities Management Financial Performance
Slide 4: Overview
Overview
Slide 5: 12-year old company founded by technocrats
Leading manufacturer of AC generators, 12-year old company founded by custom-designed up to 52 MW, technocrats with several decades of addressing the growing demand from the experience in power equipment industrial sector for captive power manufacturing and projects businesses projects Multiple tech
Slide 6: Shareholding as on December 31, 2011
7.0% 8.0% 15.0% 4.4% 65.6% Promoters DII FII Companies Individuals As on December 31, 2011
Slide 7: Milestones
Milestones
Slide 8: Milestones
2011 2010 2009 - IPO of 2008 Manufacturing Agreement with TDPS Agreement with Toshiba 2007 Voith Hydro Mitsubishi- License Holding GmbH for Electrical 2002 Agreement with jointly developing Industrial Systems Corporation electrical 2001 - Successfully commissioned Siemens AG to manufacture generator
Slide 9: Business Structure
Business Structure
Slide 10: Manufacturing and Projects
Manufacturing Projects Manufacturer of AC Generators: output capacity up to 52 Projects business (Turbine Generator Island projects of output MW capacity up to 52 MW) o Customized for a wide range of turbines (steam, gas, o Steam turbine power plant projects combining TDPS’ hydro and wind) and engin
Slide 11: Slide 11
Slide 12: Growth Strategies
Enhance Product Portfolio Expand Geographical Presence o Maintain pipeline of upgradations and new, o Consolidate global coverage in India, Middle value-added products East, Africa and S E Asia o Develop new, innovative designs to deliver o Address developed markets through OEMs cost reductions o Di
Slide 13: Relationships
Relationships
Slide 14: Technology alliances
Siemens AG, Germany License agreement in 2007 to manufacture steam/gas turbine-based generators with output capacity 20-52 MW covering a wide product range with different rotor designs Sicme Motori SrL, Production technology transfer agreement in 2008 to manufacture wind turbine-based Italy generato
Slide 15: Repeat customers in key process industries
Significant business from repeat customers in key process industries – cement, steel, sugar, paper
Slide 16: Manufacturing Facilities
Manufacturing Facilities
Slide 17: Two manufacturing facilities near Bangalore
Unit 1 – • 157,624 sft built-up on 6.25 acres • Captive power – 4,280 kVA • Core Building • Coil making • Winding • Impregnation and curing • Balancing • Final assembly and testing • Material handling & General Two Manufacturing Facilities Units near Bangalore • Power • Quality lab & Instruments Uni
Slide 18: Manufacturing equipment
Hydraulic press for stator core pressing High precision brazing set up for rotor coils Dynamic balancing machine for rotor balancing Horizontal vacuum pressure Impregnation plant for stator
Slide 19: Management
Management
Slide 20: Board of Directors
Mohib N Khericha (Non-Executive Chairman) o Over 40 years in capital structuring, financial management and investment banking o Independent director on board of several companies Hitoshi Matsuo (Managing Director) o 45 years in design, engineering and sales of power plants and equipment o Associated
Slide 21: Board and management team
Board of Directors Hitoshi Matsuo Nikhil Kumar Managing Director Joint Managing Director Tadao Kuwashima Director K.G. Prabhakar N. Srivatsa G.S. Raju Chief Financial Officer Company Secretary Chief Executive Officer - EPC M.K. Harish B.C. S. Prabhamani Manjunath S.V. Ravishankar Vice President Gene
Slide 22: Financial Performance
Slide 23: Message from Joint Managing Director
“I am pleased to present TD Power Systems’ nine month financial performance. We have delivered 35% revenue growth and expanded profit by 47% in a tough operating environment marked by weakness in new capex commitments by the Indian manufacturing sector. While our business, linked to the power requir
Slide 24: 9M FY12 financial results
(` million) 9M 9M Y-on-Y Particulars FY11 FY12 FY11 Change Total Income 7,570.5 5,621.0 +34.6% 8,746.4 EBITDA 797.8 578.2 +38.0% 1,003.2 Margins (%) 10.5% 10.3% 11.5% Depreciation 67.1 61.3 +9.6% 80.5 Interest 55.9 50.3 +11.2% 66.9 PBT 674.8 466.7 +44.6% 855.9 Tax 222.2 158.6 289.3 PAT 452.6 308.1 +
Slide 25: Order Book
Order Book - ` 8,299 million 1,746 6,553 Domestic Export Order Book - Manufacturing Order Book – Projects Order Book – EPC business - ` 2,772 million business - ` 1,553 million - ` 3,973 million 1,056 690 3,973 1,716 863 Domestic Export Domestic Export Domestic
Slide 26: Total Revenues
Total Revenues* - ` 7,848 million 895 6,953 Domestic Exports Manufacturing Revenues* Projects Business EPC Business Revenues – – ` 2,870 million Revenues – ` 1,878 million ` 3,099 million 82 813 2,057 1,796 3,099 Domestic Exports Domestic Domestic Exports *Prior to inter-segment and inter-company el
Slide 27: Contact information
For further information, please contact: Ravishankar M K / M N Varalakshmi Shiv Muttoo / Rabindra Basu T D Power Systems Citigate Dewe Rogerson Tel: +91 80 2201 7800 / +91 80 2299 5700 Tel: +91 22 6645 1207 / 1248 Fax: +91 80 2201 7850 Fax: +91 22 6645 1213 Email: [email protected] Email