Bharat Heavy Electricals Limited · NSE:BHEL
Bharat Heavy Electricals — IIFL's Enterprising India Conference 2010
25 slides from Bharat Heavy Electricals's conference presentation, Feb 3, 2010
Slide 1: IIFL's Enterprising India Conference 2010
At IIFL’S Enterprising India Conference 2010 3rd February 2010 Mumbai
Slide 2: Cautionary Statement
>> Cautionary Statement Statements in this “presentation” describing the company’s objectives, estimates, expectations or predictions may be “forward looking statements” within the meaning of applicable securities laws and regulations. Actual results could differ materially from those expressed or i
Slide 3: A US$6 billion Engineering & Manufacturing enterprise
A US$6 billion Engineering & Manufacturing enterprise of its kind in India A ‘Navaratna’ company and a Major Integrated Power Plant Equipment Manufacturer in the World Profit Making Company since 1971-72 Consistent Dividend Paying Company for over thirty years (FY 1976-77 onwards) Referenc
Slide 4: Power Transmission Industry
Power Transmission Single Source for Multiple Industry Transportation Solutions of Infrastructure & Industrial Oil & Gas NCES Sectors of the Economy
Slide 5: Share Holding Pattern
(ator scr | Share Holding Pattern Fils, 15.45% MFs, 6.55% Insurance Cos., India, 67.72% > an (As on 315t Dec’09 )
Slide 6: Major Performance Indicators
Caras r7 | Major Performance Indicators > an
Slide 7: Past Performance Trends: Turnover
Past Performance Trends: Turnover (Rs. crore) 30000 28,033 25000 21,401 20000 18,739 15000 14,525 10,336 10000 5000 “ 0 i 04-05 05-06 06-07 07-08 08-09
Slide 8: Past Performance Trends: Profit
Past Performance Trends: Profit 6000 Rs. crore 4849 5000 4430 4000 3736 3000 + 2000 1582 953 1000 i. 0 04-05 05-06 06-07 07-08 08-09 mw PBT @ PAT
Slide 9: Total Order Book as on 31.12.09: Rs. 1,34,000 crore
Rs. crore Total Order Book as on 31.12.09: Rs. 1,34,000 crore
Slide 10: Growth Story Continues
(Rs. Crore) Parameter Q3 FY0910 Q3 FY0809 YoY % Turnover 7381 6445 + 15% EBIDTA 1755 1327 + 32% EBIDTA Margin 24% 21% +319 bps Profit Before Tax (PBT) 1644 1223 + 34% Profit After Tax (PAT) 1073 791 + 36% EPS (Rs) 21.91 16.13 + 36% Growth Story Continues
Slide 11: Order Book up to Q3 FY0910
OB up to Q3FY0910 Power Industry Exports (Rs Cr) 36,425 28425 7557 967 Rs.5564 Cr order for 3x660 MW Bara, Pryagraj PGCL, JP Group Rs.2889 Cr order for 5x270 MW ELENA PIL (India Bulls), Amaravati Rs.2486 Cr order for 2x600 MW PIPAVAV Energy Pvt. Ltd Rs.2889 Cr order for 5x270 MW ELENA PIL (I
Slide 12: Industry Segment contribution to total Turnover
Industry Segment contribution to • Transformers total Turnover: 25-27% • Switchgear • Indl. Control Gear / Control Panels Transmission, • Capacitors 7.6% • Insulators • HVDC/ Transmission Projects Transportation, • Traction machines 3.6% • Traction Control gears • DESL • AC Locos / DG Sets / Other O
Slide 13: BHEL & Power Sector
Caras r7 | BHEL & Power Sector > an
Slide 14: Major manufacturer of power plant equipment for various fuels
A major manufacturer of power plant equipment for various fuels Fully indigenized technology up to 600 MW from world leaders Supplies Steam turbines, generators, boilers and matching auxiliaries up to 800 MW ratings including supercritical sets of 660/800 MW 307 coal based sets installed, in
Slide 15: Power equipment ordering by fuel type
Thermal 33298 41% BHEL Ordered on 43913 Others 54% 36097 Hydro 45% 6142 8% Gas Nuclear 3973 500 5% 1%
Slide 16: XII Plan Capacity Addition Programme
XII PLAN CAPACITY ADDITION PROGRAMME (UTILITY SETS) Indicative Size ~ 100,000 MW Status of Ordering ~ 47,226 MW BHEL Others 25676 54% > an 21550 46% iveica
Slide 17: Drivers for Future Growth
Caras r7 | Drivers for Future Growth > an
Slide 18: Manufacturing capacity expansion and Supercritical Technology
Manufacturing capacity expansion: 15,000 MW p.a. completion by Mar 2010 20,000 MW p.a. completion by Mar 2012 Supercritical Technology Business: Orders received for: 2x800 MW supercritical boilers for Krishnapatnam 2x660 MW supercritical sets for Barh-II, NTPC 3x660 MW Bara, Pryagraj PGC
Slide 19: Nuclear Field and Technology Edge
Nuclear Field: Order received for steam generators for new rating 700 MWe Nuclear sets MoU signed with NPCIL for formation of JV for conventional island of Nuclear Power Projects. Technology tie-ups being explored for 700 MW and above TG sets. MoU signed with GE-Hitachi for cooperation in Nucl
Slide 20: Strategic Alliances and Inorganic Growth
Strategic Alliances: Partnerships forged with NTPC, KEL & HEC for strengthening the supply chain Solar: MoU signed with BEL for formation of a JV to address Solar Photovoltaic business Transportation: MoU with GE for Diesel Electric locomotives and manufacture of propulsion systems Transmiss
Slide 21: Global Forays
Global Forays: Physical export orders of Rs.3,265 Crore in 2008-09 - from 22 countries Presently executing 40 contracts in 25 countries Forays in new markets – Belarus, Senegal, Rwanda & new market segments in Syria, Tajikistan, Japan, Nigeria Long term business tie-up: 6year Rate Contract f
Slide 22: Customer Confidence
Customer Confidence: Confidence reposed by Private Sector customers: Highest ever (92%) private sector orders inflow of Rs 25,917 Cr/ 11,819 MW in Power Sector up to Q3FY10 Highest value order of Rs.2,005 Crore received in Industry Sector business segment from Hindalco for 6x150 MW BTG package f
Slide 23: Other capability enhancing measures
Other capability enhancing measures: In two years (2007-09) manpower ramped up by 8,500 persons (ETs, STs, Artisans) Enhancing Vendor base for raw materials and Balance of Plant (BOP) Leveraging Welding Research Institute at Trichy to train high pressure welders of contractors Deploying addi
Slide 24: Capability & Capacity Enhancement
91,900 Cr. (2016-17) 45,000 Cr. (2011-12) Capability & Capacity Enhancement 18,739 Cr. (2006-07) Investment Globalization Spares & R&D HR Services Rs.4200 Export Spend to Manpower to Crores revenues to Revenues to increase by 6 grow from increase by 6 grow by 4 times to 42,000 to times to times to R
Slide 25: AA:PLD:56::02.02.10
AA:PLD:56::02.02.10
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