At DSP Merrill Lynch 14 th Annual India Investor Conference 8 th February 2010 New Delhi

Transcription

1 At DSP Merrill Lynch 14 th Annual India Investor Conference 8 th February 2010 New Delhi

2 Cautionary Statement

3 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 Consistent Dividend Paying Company for over thirty years (FY onwards) References in over 70 countries Installed base of more than 1,00,000 MW

4 Power Transmission Single Source for Multiple Solutions of Infrastructure & Industrial Sectors of the Economy Industry Oil & Gas Transportation NCES

5 ( As on 31 st Dec 09 )

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7 (Rs. crore)

8 Rs. crore

9 Rs. crore Total Order Book as on : Rs. 1,34,000 crore

10 (Rs. Crore) Parameter Q3 FY0910 Q3 FY0809 YoY % Turnover % EBIDTA % EBIDTA Margin 24% 21% +319 bps Profit Before Tax (PBT) % Profit After Tax (PAT) % EPS (Rs) % Growth Story Continues

11 OB up to Q3FY0910 Power Industry Exports (Rs Cr) 36, 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 (India Bulls), Nasik

12 Industry Segment contribution to total Turnover: 25-27% Transmission, 7.6% Transformers Switchgear Indl. Control Gear / Control Panels Capacitors Insulators HVDC/ Transmission Projects Transportation, 3.6% Traction machines Traction Control gears DESL AC Locos / DG Sets / Other Other Indl. Products, 12.8% Industrial Machines Indl. TG / Boiler Sets Compressors Oil Field Equipment Valves Others

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14 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, including 35 sets of 500 MW rating 365 nos. BHEL make Hydro Utility sets installed in the country BHEL is fully geared up to meet demand for Power Plant Equipments in the Country.

15 Ordered on Others % BHEL % Thermal % Hydro % Gas % Nuclear 500 1%

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18 7. Allied Enablers 1. Building Capacities & Capabilities 2. Technology Competencies 6. Global Forays Drivers of Growth 3. Marketing Innovations 5. Emerging Opportunities 4. Supply Chain Agility

19 Bridging Skill Deficit Leveraging WRI Trichy to train high pressure welders of contractors Joint stake in ITI Shantiniketan WB Manufacturing Capacity Enhancement 15 GW by Mar GW by Mar 2012 Building Capacities & Capabilities Inorganic Growth BHPV-100% Subsidiary Human Resource Employees during Momentum to Continue

20 SUPERCRITICAL TECH Orders Received for: 2x800 MW Boilers for Krishnapatnam 2x660 MW for Barh- II, NTPC 3x660 MW Bara, Pryagraj PGCL, JP Group Technology Competencies Technology Edge 270/525/600 MW subcritical sets introduced R&D in FY09 Rs. 690 Cr Advance Class Gas Turbines tech in place TCA with Sheffield Forgemasters UK for Forgings 765 & 1200 KVdevelopment being pursued Transportation-IGBT technology being pursued Sole supplier in world for 420 kn/320 kn porcelain insulators for ±800 kv HVDC lines

21 JV for 2x800 MW project each with TNEB and MPPGCL Marketing Innovation JV for 3x800 MW projects with KPCL MoU with Mahagenco for 2X660 MW plant at Latur, Maharashtra Partnerships forged with NTPC, KEL & HEC for strengthening the supply chain Supply Chain Agility Enhancing Vendor base for Raw Materials & Balance of Plant (BOP) Advance Manufacturing Action (AMA) IT Application: Reverse Auction, e-procurement, SAP/ERP

22 Nuclear Solar Transportation Transmission Steam generators for new rating 700 MWe Nuclear sets MoU with NPCIL- formation of JV for conventional island of Nuclear Proj. Technology tie-ups being explored for 700 Mwe & above TG sets MoU with GE-Hitachi for cooperation in Nuclear island equipment for Power plants to be set up by NPCIL MoU with BEL for formation of a JV to address Solar Photovoltaic business MoU with GE for Diesel Electric Locos & mfg. of propulsion systems JV route covering Transformer GIS ACBs etc. Emerging Opportunities

23 Physical export orders of Rs.3,265 Crore in 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 LT business tie-up: 6 year Rate Contract for 126 MW rated Gas Turbine Generating Sets from Oman one of its kind in world MoU signed with TGR, Hungary for exploring opportunities for conventional boilers and R&M of boilers in European and CIS countries Global Forays

24 Customer Confidence Highest ever (92%) pvt sector orders inflow of Rs 25,917 Cr/ 11,819 MW in Power Sector up to Q3FY10 Highest value order of Rs 2,005 Cr in Industry Sector business from Hindalco for 6x150 MW BTG for Mahan (MP) First ever order for generator transformers for 800 MW sets & also largest rating to be installed in India, for Mundra UMPP, reinforcing technology & market leadership in transformers Site Capability Enhancement Deploying additional Tools & Plants like heavy lift cranes suitable for erection of 800 MW, 500 MW, 250 MW Boilers Allied Enablers

25 45,000 Cr. ( ) 91,900 Cr. ( ) 18,739 Cr. ( ) Investment Rs.4200 Crores Capability & Capacity Enhancement Globalization Export revenues to increase by 6 times to Rs.6700 Crore Spares & Services Revenues to grow by 4 times to Rs.4700 Crore R&D Spend to increase by 6 times to Rs.900 Crore HR Manpower to grow from 42,000 to 50,000 by

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