PTC INDIA LTD. INVESTOR PRESENTATION Q3FY20 DISCLAIMER This - - PowerPoint PPT Presentation

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PTC INDIA LTD.

INVESTOR PRESENTATION – Q3FY20

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DISCLAIMER

This presentation and the accompanying slides (the “Presentation”), which have been prepared by PTC India Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation

• r invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with

any contract or binding commitment whatsoever. Certain matters discussed in this Presentation may contain statements regarding the Company’s market opportunity and business prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties include, but are not limited to: the performance of the Indian economy and of the economies of various international markets, the performance of the power industry in India and world-wide, competition, the company’s ability to successfully implement its strategy, the Company’s future levels of growth and expansion, technological implementation, changes and advancements, changes in revenue, income or cash flows, the Company’s market preferences and its exposure to market risks, as well as other risks. The Company’s future results, levels of activity, performance or achievements could differ materially and adversely from results expressed in or implied by this Presentation. The Company assumes no obligation to update any forward-looking information contained in this Presentation. Any forward-looking statements and projections made by third parties included in this Presentation are not adopted by the Company and the Company is not responsible for such third party statements and projections. The distribution of this document in certain jurisdictions may be restricted by law and persons into whose possession this presentation comes should inform themselves about and observe any such restrictions.

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PERFORMANCE REVIEW

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Q3FY20 AT A GLANCE - Standalone

115.08 122.06 110.00 112.00 114.00 116.00 118.00 120.00 122.00 124.00 Q3FY19 Q3FY20

Total Operational Income ( INR Crores)

79.40 78.59 70 72 74 76 78 80 Q3FY19 Q3FY20 PBT (INR Crores) 51.34 58.27 46.00 48.00 50.00 52.00 54.00 56.00 58.00 60.00 Q3FY19 Q3FY20 PAT (INR Crores) 12921 13153 12800 12850 12900 12950 13000 13050 13100 13150 13200 Q3FY19 Q3FY20 Total Volumes (MUs)

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9MFY20 AT A GLANCE - Standalone

377.24 417.56 350.00 360.00 370.00 380.00 390.00 400.00 410.00 420.00 430.00 9MFY19 9MFY20

Total Operational Income ( INR Crores)

314.39 336.48 280 290 300 310 320 330 340 9MFY19 9MFY20 PBT (INR Crores) 208.47 255.94 0.00 50.00 100.00 150.00 200.00 250.00 300.00 9MFY19 9MFY20 PAT (INR Crores) 51860 54329 50000 51000 52000 53000 54000 55000 9MFY19 9MFY20 Total Volumes (MUs)

7%

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Consolidated Profit Q3 & 9M – FY20

125.54 112.04 Q3-19 Q3-20

QoQ

PBT 614.78 508.95 9M-19 9M-20

9Mo9M

90.19 63.49

Q3-19 Q3-20 PAT

415.46 358.10

9M-19 9M-20 PBT PAT

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PHYSICAL PERFORMANCE – SNAPSHOT (Q3FY20)

* Short Term Trades include trades on power exchanges; **Long Term Trades include trades from Cross Border operations

Business Segment Q3FY20 Q3FY19 (Units in Millions) % of total trade (Units in Millions) % of total trade Short Term Trades * 5228 40% 6889 53% Medium Term 2103 16% 389 3% Long Term Trades ** 5821 44% 5642 44% Wind 1

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• Total

13153 100% 12921 100%

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PHYSICAL PERFORMANCE – SNAPSHOT (9MFY20)

* Short Term Trades include trades on power exchanges; **Long Term Trades include trades from Cross Border operations

Business Segment 9MFY20 9MFY19 (Units in Millions) % of total trade (Units in Millions) % of total trade Short Term Trades * 24450 45% 29041 56% Medium Term 6357 12% 1546 3% Long Term Trades ** 23510 43% 21260 41% Wind 12

• 13
• Total

54329 100% 51860 100%

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Surcharge & Rebate – (Q3 - FY20)

Business Segment Q3FY20 Q3FY19 Net Rebate Earned (Rs Crore) 24.92 23.58 Net Surcharge Received (₹ Crore) 43.13 35.90 Margin Per Unit (Paise / Unit) without Surcharge & Rebate 3.68 4.12 Margin Per Unit (Paise / Unit) 8.85 8.72

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Surcharge & Rebate – (9M - FY20)

Business Segment 9MFY20 9MFY19 Net Rebate Earned (Rs Crore) 85.97 72.86 Net Surcharge Received (₹ Crore) 114.39 84.43 Margin Per Unit (Paise / Unit) without Surcharge & Rebate 3.66 4.08 Margin Per Unit (Paise / Unit) 7.34 7.11

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Business Highlights for Q3- 20

• In Techno – Commercial consultancy business, PTC has won the tender for

repeat business from AKVN. The deal value is 6.8 Crores for 2 years.

• In our distribution management business, Paradip Port Trust is new addition

to our business. This 3 year service contract will add more than 11 Crores to

• ur business. PTC’s service area will be spread over 10 Sq kms, and will cater

to about 6400 numbers of consumers in the domestic, commercial and industrial categories.

• Broadening service profile for Indian Railways (IR), PTC has made IR as their

client for transaction on energy exchange.

• MoP flagship scheme for resolution of stressed thermal asset, PTC has won

the aggregator for Pilot – II of 2500 MW. Further, With operationalization of 550 MW of RKM Power, entire capacity under Pilot –I of 1900 MW has been done.

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NUMBERS UP-CLOSE Q3FY20 (STANDALONE / CONSOLIDATED)

P&L (Three Months Ending 31st December’ 2019)

Parti rticulars rs Standalone Conso solidate ted Quarte rter r ended 31.12. .12.19 19 31.12. .12.18 18 % % 30.09. .09.18 18 % % 31.12. .12.19 19 31.12. .12.18 18 % % 30.09. .09.18 18 % % Revenue from opera rati tions Revenue from operations 3,413.28 2,830.54 20.59% 4,673.00

• 26.96%

3,765.51 3,200.84 17.64% 5,130.88

• 26.61%

Other operating revenue 51.27 91.59

• 44.02%

76.87

• 33.30%

63.32 102.77

• 38.39%

94.49

• 32.99%

Total revenue from operation 3,464 464.55 .55 2,922 922.13 .13 18.56% .56% 4,749 749.87 .87

• 27.06

7.06% 3,828. ,828.83 83 3,303. 303.61 61 15.90% .90% 5,225. 225.37 37

• 26.73

6.73% Other Income 3.13 12.90

• 75.74%

36.31

• 91.38%

5.59 5.97

• 6.37%

10.29

• 45.68%

Total Inco come 3,467 467.68 .68 2,935 935.03 .03 18.15% .15% 4,786 786.18 .18

• 27.55

7.55% 3,834. ,834.42 42 3,309. 309.58 58 15.86% .86% 5,235. 235.66 66

• 26.76

6.76% Expense ses Purchases 3,339.97 2,753.77 21.29% 4,566.75

• 26.86%

3,339.97 2,753.97 21.28% 4,566.75

• 26.86%

Provision for expected credit loss

• 23.16

10.12 128.85% 36.06

• 35.77%

Operating expenses 2.52 53.28

• 95.27%

13.45

• 81.26%

9.42 55.44

• 83.01%

16.55

• 43.08%

Employee benefit expenses 10.49 8.47 23.85% 9.35 12.19% 15.29 13.08 16.90% 14.30 6.92% Finance costs 14.64 25.35

• 42.25%

15.00

• 2.40%

281.36 305.17

• 7.80%

294.86

• 4.58%

Depreciation and amortization expenses 0.74 0.77

• 3.90%

0.72 2.78% 25.16 24.24 3.80% 25.13 0.12% Other expenses 20.61 14.01 47.11% 19.13 7.74% 28.02 22.04 27.13% 24.71 13.40% Total expense ses 3,388 388.97 .97 2,855 855.65 .65 18.68% .68% 4,624 624.40 .40

• 26.72

6.72% 3,722. ,722.38 38 3,184. 184.06 06 16.91% .91% 4,978. 978.36 36

• 25.23

5.23% Profit t before re excepti tional items and tax 78.71 .71 79.38 .38

• 0.84%

.84% 161.78 1.78

• 51.35

1.35% 112.04 2.04 125.52 5.52

• 10.74

0.74% 257.30 7.30

• 56.46

6.46% Exceptional items (0.12) 0.02

• 700.00%

(0.01)

1100.00%

(0.12) 0.02

• 700.00%

(0.01)

1100.00%

Profit t Before re Share re of Profit/(L t/(Loss) s) of Associ ciate tes and Tax 78.59 .59 79.4 9.40

• 1.02%

.02% 161.77 61.77

• 51.42

1.42% 111. 11.92 92 125.54 5.54

• 10.85

0.85% 257.29 7.29

• 56.50

6.50% Share of Profit / (Loss) of Associates

• 0.12
• 0.01

1100.00%

Profit t Before re Tax 78.59 .59 79.40 .40

• 1.02%

.02% 161.77 1.77

• 51.42

1.42% 112.04 2.04 125.54 5.54

• 10.75

0.75% 257.30 7.30

• 56.46

6.46% Tax expense ses Current tax (including deferred tax) 20.32 28.06

• 27.58%

26.87

• 24.38%

48.55 35.35 37.34% 55.95

• 13.23%

Net Profit t for the period 58.27 .27 51.34 .34 13.50% .50% 134.90 34.90

• 56.81

6.81% 63.49 .49 90.19 .19

• 29.60

9.60% 201.35 1.35

• 68.47

8.47% Total other comprehensive income, net of tax 0.05 (0.30)

• 116.67%

0.11

• 54.55%

(0.57) (11.08)

• 94.86%

(0.95)

• 40.00%

Total compre rehensi sive income for r the period 58.32 .32 51.04 .04 14.26% .26% 135.01 35.01

• 56.80

6.80% 62.92 .92 79.11 .11

• 20.47

0.47% 200.40 0.40

• 68.60

8.60%

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NUMBERS UP-CLOSE 9MFY20 (STANDALONE / CONSOLIDATED)

P&L (Nine months ending 31st December’ 2019)

Particul ular ars Stand ndal alon

• ne

Cons nsoli

• lidat

ated Nine months hs ended 31.12 12.19 19 31.12 12.18 18 % % 31.12 12.19 19 31.12 12.18 18 % % Revenue nue from operat ations

• ns

Revenue from operations 13,038.80 10,596.31 23.05% 14,272.83 11,814.51 20.81% Other operating revenue 148.91 247.85

• 39.92%

192.81 295.34

• 34.72%

Total al revenue nue from operat ation

• n

13,1 ,187.7 .71 10,844.16 21.61% 14,4 ,465.6 .64 12,1 ,109.8 .85 19.45% Other Income 42.91 109.83

• 60.93%

19.43 118.35

• 83.58%

Total al Incom

• me

13,2 ,230.6 .62 10,953.99 20.78% 14,4 ,485.0 .07 12,2 ,228.2 .20 18.46% Expens nses Purchases 12,754.18 10,312.01 23.68% 12,754.18 10,312.21 23.68% Provision for expected credit loss

• 121.92

51.77 135.50% Operating expenses 15.97 154.91

• 89.69%

29.35 158.84

• 81.52%

Employee benefit expenses 29.29 25.09 16.74% 43.60 38.68 12.72% Finance costs 38.34 112.23

• 65.84%

879.24 924.72

• 4.92%

Depreciation and amortization expenses 2.10 2.13

• 1.41%

75.32 72.63 3.70% Other expenses 54.13 33.24 62.85% 72.20 54.58 32.28% Total al expenses 12,8 ,894.0 .01 10,639.61 21.19% 13,9 ,975.8 .81 11,6 ,613.4 .43 20.34% Profi fit befor fore exception

• nal

al items and tax 336.6 .61 314.3 .38 7.07% 509.2 .26 614.7 .77

• 17.1

.16% Exceptional items (0.13) 0.01

• 1400.00%

(0.13) 0.01

• 1400.00%

Profi fit Befor

• re Share of Profi

fit/(Los

• ss) of Assoc
• ciat

ates and Tax 336.4 .48 314.3 .39 7.03% 509.1 .13 614.7 .78

• 17.1

.19% Share of Profit / (Loss) of Associates

• #DIV/0!

(0.18)

• NA

Profi fit Befor

• re Tax

336.4 .48 314.3 .39 7.03% 508.9 .95 614.7 .78

• 17.2

.21% Tax expe pense nses Current tax (including deferred tax) 80.54 105.92

• 23.96%

150.85 199.32

• 24.32%

Net Profi fit for the period

• d

255.9 .94 208.4 .47 22.77% 358.1 .10 415.4 .46

• 13.8

.81% Total other comprehensive income, net of tax (0.04) (18.96)

• 99.79%

(0.89) (40.38)

• 97.80%

Total al comprehe hens nsive incom

• me for the period
• d

255.9 .90 189.5 .51 35.03% 357.2 .21 375.0 .08

• 4.7

.76%

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“To be a frontrunner in power trading by developing a vibrant power market and striving to correct market distortions”

Our Vision

For more information contact:

Anand Kumar / Harsh Wardhan PTC India Limited / Fortuna PR Tel: +91 9873988920 / Tel: +91 9810162711 Email: investorrelations@ptcindia.com Email: harsh@fortunapr.com

THANK YOU WWW.PTCINDIA.COM