Rec Limited · NSE:RECLTD

Rec — Rural Electrification — H1 FY2014 Earnings Presentation

13 slides from Rec's earnings presentation, November 2013

  1. Slide 1: Management Presentation: Performance Highlights Q2 & H1 FY14

    Management Presentation Performance Highlights Q2 & H1 FY14 RURAL ELECTRIFICATION CORPORATION LIMITED A Navratna PSU

  2. Slide 2: Highlights (Q2 FY14 vs. Q2 FY13)

    HIGHLIGHTS (Q2 FY14 VS. Q2 FY13) Total Assets increased by 23% from `1,15,331 Crores to `1,42,058 Crores. Balance Sheet Outstanding Borrowings increased by 24% from `95,092 Crores to `1,17,791 Crores. Net worth increased by 16% from `16,311 Crores to `18,939 Crores. Total Income increased in Q2 by 2

  3. Slide 3: Sanctions - Composition

    SANCTIONS - COMPOSITION (` In Crores) Sanctions Q1 Q1 Q2 Q2 H1 H1 Q3 Q4 12M 12M 12M FY 14 FY 13 FY 14 FY 13 FY 14 FY 13 FY 13 FY 13 FY 13 FY 12 FY 11 Discipline-wise Amount Amount Amount Amount Amount Amount Amount Amount Amount Amount Amount 14,939 9,130 10,356 4,631 25,295 13,761 5,342 8,389 27,49

  4. Slide 4: Disbursements - Composition

    DISBURSEMENTS - COMPOSITION (` In Crores) Disbursements Q1 Q1 Q2 Q2 H1 H1 Q3 Q4 12M 12M 12M FY 14 FY 13 FY 14 FY 13 FY 14 FY 13 FY 13 FY 13 FY 13 FY 12 FY 11 Discipline-wise Amount Amount Amount Amount Amount Amount Amount Amount Amount Amount Amount 2,922 2,364 3,855 3,375 6,777 5,739 2,520 4,238 1

  5. Slide 5: Outstanding Loan - Composition

    OUTSTANDING LOAN - COMPOSITION (` In Crores) Q1 Q1 H1 H1 9M 12M 12M 12M Loan Outstanding FY 14 FY 13 FY 14 FY 13 FY 13 FY 13 FY 12 FY 11 Discipline Amount % Amount % Amount % Amount % Amount % Amount % Amount % Amount % State 1,10,069 83 89,627 84 1,13,421 82 92,990 83 98,086 83 1,04,662 82 85,036 8

  6. Slide 6: Loan Quality

    LOAN QUALITY (` In Crores) Particulars Q1 Q1 H1 H1 9M 12M 12M 12M FY 14 FY 13 FY 14 FY 13 FY 13 FY 13 FY 12 FY 11 Loan outstanding * 1,32,915 1,06,696 1,38,475 1,11,965 1,18,690 1,27,356 1,01,426 81,725 Gross NPA 490 490 490 490 490 490 490 20 Provision 112 64 112 64 89 89 64 18 Net NPA 378 426 378

  7. Slide 7: Funds Raised During the Period

    FUNDS RAISED DURING THE PERIOD (` In Crores) Q1 Q1 Q2 Q2 H1 H1 Q3 Q4 12 M 12 M 12 M Category FY 14 FY 13 FY 14 FY 13 FY 14 FY 13 FY 13 FY 13 FY 13 FY 12 FY 11 Amount Amount Amount Amount Amount Amount Amount Amount Amount Amount Amount Capital Gains 1,110 982 1,209 1,068 2,319 2,050 1,026 1,827 4,90

  8. Slide 8: Borrowing Profile as at End of the Period

    BORROWING PROFILE AS AT END OF THE PERIOD (` In Crores) Q1 Q1 H1 H1 9M 12 M 12 M 12 M Particulars FY 14 FY 13 FY 14 FY 13 FY 13 FY 13 FY 12 FY 11 Amount % Amount % Amount % Amount % Amount % Amount % Amount % Amount % Capital Gains, Tax 21,378 19 17,183 19 26,271 22 17,726 19 20,596 20 21,211 20 16,

  9. Slide 9: Statement of Assets & Liabilities

    STATEMENT OF ASSETS & LIABILITIES (` In Crores) Q1 Q1 H1 H1 9M 12M 12M 12M Particulars FY14 FY13 FY 14 FY13 FY13 FY13 FY12 FY11 Liabilities Shareholders Funds 18,076 15,144 18,939 16,311 16,548 17,454 14,563 12,788 Borrowings 1,11,104 89,581 1,17,791 95,092 1,01,749 1,07,791 90,056 70,040 Deferred T

  10. Slide 10: Income Statement

    INCOME STATEMENT (` In Crores) Q1 Q1 Q2 Q2 H1 H1 Q3 Q4 12M 12M 12M Particulars FY14 FY13 FY 14 FY13 FY 14 FY 13 FY13 FY13 FY13 FY12 FY11 Interest Income 3,914 2,997 4,167 3,240 8,081 6,237 3,501 3,553 13,291 10,264 8,109 Interest Expenses 2,244 1,831 2,424 1,960 4,668 3,792 2,071 2,144 8,006 6,379 4

  11. Slide 11: Key Indicators

    KEY INDICATORS Q1 Q1 Q2 Q2 H1 H1 Q3 Q4 12 M 12 M 12 M Key Indicators FY14 FY13 FY 14 FY13 FY 14 FY 13 FY13 FY13 FY13 FY12 FY11 Yield on Loan (%) 12.03 11.52 12.28 11.86 12.16 11.69 12.14 11.55 11.62 11.21 10.98 (Annualised) Cost of Funds (%) 8.20 8.16 8.47 8.49 8.28 8.19 8.42 8.18 8.09 7.97 7.70 (An

  12. Slide 12: Shareholding Pattern

    SHAREHOLDING PATTERN As on  30.09.13 30.06.13 31.03.13 31.12.12 30.09.12 30.06.12 31.03.12 31.12.11 Description % % % % % % % % President of India 66.80 66.80 66.80 66.80 66.80 66.80 66.80 66.80 Foreign Institutional 19.76 20.73 20.68 21.24 20.66 20.06 19.53 17.93 Investors Resident Individual/HUF

  13. Slide 13: Thank You

    FTHANK YOU 13

Rural Electrification — H1 FY2014 Earnings Presentation on 6ix