Power Sector – India November 2014
Executive Summary
Market Overview
Drivers & Challenges
Trends
Installed generating capacity in India became a1 MW in the first year of the 12th Five year Plan growing at a CAGR of x1% India still faces a demand supply gap which is more acute in the North Eastern part of India Value chain model in of the power sector has incorporated the concept of smart grids and power storage Drivers:
Challenges:
Growth of India’s Manufacturing Sector Growth in Residential Consumption Rural Electrification Programs Realization of Emerging Needs
Inability to Meet the Capacity Addition Target Shortage of Coal Huge Power Loss in Transmission and Distribution Aging and Improperly Maintained Infrastructure
Increase in Captive Power Production Increase in FDI Increase in Domestic Investments PE Firms Showing Interest in Power Sector Key Players
Competitive Landscape
Player 1
Player 2
Player 3
Player 4
Player 5
Player 6
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• Macroeconomic Indicators • Introduction • Market Overview • Value Chain Analysis • Government Initiatives • Drivers and Challenges • Key Trends • Competitive Landscape • Market Opportunities • Strategic Recommendations • Appendix POWER SECTOR IN INDIA 2014.PPT
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Economic Indicators (1/3) GDP at Factor Cost: Quarterly INR tn 15
13
d1 c1 b1
12
a1
14
c4 b4 a4
c3 b3 a3
d2 c2 b2 a2
11
Q1
Q2 a1-a2
b1-b2
c1-c2
Q3 d1-d2
Q4
Inflation Rate: Monthly % 2 1
p
r q
s
0 -1
t
-2
Jul 2013 - Aug 2013
Aug 2013 - Sep 2013
Sep 2013 - Oct 2013
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Oct 2013 - Nov 2013
Nov 2013 - Dec 2013 4
India is among the top energy consumers in the world Introduction
Region – Wise Installed Capacity
North x1
North-East 2,909.91 MW East x2
• Text
Western x3
South x4
As on 30-062014
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Energy consumption in India will increase mainly due to the extended summer Market Overview – India (1/2)
• Text
Power Sector – Consumption of Electricity GWh c1
X% a1
a2
a3
20--
20--
20--
a4
a5
a6
20--
20--
201--
c2 c3 c4 0
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Government has been taking positive steps by introducing new policies and regulations… Government Policies – (1/2)
APDRP
• Text
Electricity Act 2003
• Text
National Electricity Policy 2005
• Text
SAMPLE
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Drivers & Challenges – Summary
Challenges Inability to Meet the Capacity Addition Targets
Drivers
Shortage of Coal
Growth of India’s Manufacturing Sector
Huge Power Loss in Transmission and Distribution
Growth in Residential Consumption
Ageing and Improperly Maintained Infrastructure
Rural Electrification Programs Realization of Emerging Needs
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Porter’s Five Forces Analysis
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Threat of New Entrants • Text text text text text text text text text text text text text text text text text text text text text text text text text Impact Medium Bargaining Power of Suppliers • Text text text text text text text text text text text text text text text text text text text text text text text text text
Impact Medium
Impact Medium Competitive Rivalry • Text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text
Threat of Substitutes • Text text text text text text text text text text text text text text text text text text text text text text text text text
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Impact High Bargaining Power of Buyers • Text text text text text text text text text text text text text text text text text text text text text text text text text
Impact Low
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Competitive Benchmarking (-/-)
SAMPLE
Key Ratios of Top 4 Companies – Operational Basis (FY 2013) (1/3) Operating Margin
% b1
Net Margin d1
c1 c2
a1 a2
d2
b2
0 company1
company2
company3
company4
• Company1 recorded operating margin of -%, higher than that of company2, company3 and company4 which recorded operating margin of -%, - and -% respectively • Thermax however recorded the highest net margin of -% higher than that of Ion Exchange, SPML and Va Tech Wabag which recorded net margins of -%, -% and -% respectively
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Public: Domestic Company – Company 1 (1/4)
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Company Information
Offices and Centres – India
Corporate Address Tel No. Fax No. Website Year of Incorporation Ticker Symbol Stock Exchange
Head Office
Products and Services Category Sectors (EPC)
Products/Services
Key People
Name
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Public: Domestic Company – Company 1 (2/4)
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Financial Snapshot Total Income
Key Ratios Net Profit/Loss
Particulars
INR bn
INR bn s1
t1
s2 t2
s4 s3 t3 t4
0 2010
2011
2012
2013
Financial Summary
y-o-y change (2013-12)
2013
2012
2011
2010
Profitability Ratios Operating Margin Net Margin Profit Before Tax Margin Return on Equity Return on Capital Employed Return on Working Capital Return on Assets Return on Fixed Assets
Cost Ratios • The company incurred a net loss of INR - bn in FY 2013, as compared to net profit of INR - bn in FY 2012 • The company reported total income of INR - bn in FY 2013, registering a decrease of -% over FY 2012 • The company earned an operating margin of -% in FY 2013, a decrease of percentage points over FY 2012 • The company reported debt to equity ratio of - in FY 2013, an increase of % over FY 2012
Market Capitalization (INR mn) Total Enterprise Value (INR mn) EPS (INR) PE Ratio (Absolute)
Liquidity Ratios Current Ratio Cash Ratio
Leverage Ratios Debt to Equity Ratio Debt to Capital Ratio Interest Coverage Ratio
Key Financial Performance Indicators Indicators
Operating costs (% of Sales) Administration costs (% of Sales) Interest costs (% of Sales)
Value (17/01/2014)
Efficiency Ratios Fixed Asset Turnover Asset Turnover Current Asset Turnover Working Capital Turnover Capital Employed Turnover Improved
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Decline
12
Public: Domestic Company – Company 1 (3/4)
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Key Business Segments
Key Geographic Segments
Construction and Engineering
India
e1
e2
e3
e4
f1
f2
f3
f4
2010
2011
2012
2013
g1 0%
0% 2013
Overseas
Business Highlights
Description
News • Text text text text text text text text text text text text text text text text text text text text text text text
Overview
text text text text text text text text text text text text text text
• Text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text
Extensive Product Portfolio
• Text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text text
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SAMPLE
Public: Domestic Company – Company 1 (4/4)
S
W
O
T
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Market Opportunities – Power Sector (1/2)
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Strategic Recommendations (1/2) • Text
Diversification of Fuel Sources
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Strategically Located Power Plants
• Text
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Thank you for the attention Power Sector – India 2014 report is a part of Netscribes’ Energy Series. For any queries or customized research requirements, contact us at: Phone: E-Mail:
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