CESC Limited Powering India since 1899 January 2014
www.cesc.co.in
1 1 RP- Sanjiv Goenka Group
Power & Media & IT & Natural Carbon Black Retail Infrastructure Entertainment Education Resources
2 RP- Sanjiv Goenka Group – Business Sectors Business Sectors Companies
Power & Natural CESC - 4th largest Private Power Utility Resources Noida Power *- Private Discom in Noida Integrated Coal Mining * - Pioneer in private sector Coal Mining Retail Retail 10% Harrisons Malayalam – Largest Plantation company in South India
IT & Education Spencer`s Retail *- Pioneer in Carbon Black 19% Asset base Power & Natural organized food retailing in India Rs. 25,000 crs+ Reources 51% Phillips Carbon Black - Largest in Infratructure India & 8th largest in world Carbon Black 19% CESC Properties*- Showcasing East India’s 1st Specialty Mall Media & Media & Entertainment Saregama India - Biggest collection Entertainment 1% of Indian Music Open* – Weekly current affairs magazine IT & Education Firstsource Solutions - Among the top 3 pure play BPO companies in India 3 * unlisted Financials of RP- Sanjiv Goenka Group companies (Rs. bn )
Gross EBIDTA Net Profit Current Promoter Institutional Revenues (FY`13) (FY`13) Market cap* Holding Holding (FY`13)
CESC 53.20 14.20 6.18 55.00 52% 39%
Firstsource Solutions 28.20 2.80 1.47 14.00 57% 22%
Phillips Carbon Black 22.80 1.10 (0.20) 2.10 52% 21%
Spencer`s Retail 13.50 (0.78) (2.10) - 100% -
Noida Power Company 8.00 2.73 1.33 - 73% -
Saregama India 1.75 0.28 0.11 1.40 55% 24%
Harrisons Malayalam 3.47 0.25 0.02 1.00 50% 5%
Integrated Coal Mining 3.70 0.36 0.22 - 100% -
Crescent Power 1.24 0.62 0.20 - 100% -
4 CESC Snapshot • 4 thermal plants – Installed capacity of 1225 MW Generation • Meeting peak system demand of 1900 MW
• Distribution Licensee for Kolkata & Howrah - 567 sq.km area, 2.7 Distribution mn consumers, 19500 ckt km T&D network , T&D loss 12%
• Coal mining of 3 MTPA via associate company meets 50% of coal Coal requirement
• Pursuing Organized retailing via Spencer`s Retail Retail • PAN India presence with 1 mn sqft and 130+ stores SPV`s • Risk free annuity income generating asset - Inaugurated “Quest”, Real Estate Eastern India`s first Luxury mall in Kolkata
• Two IPPs of 600 MW each under construction in Haldia & IPPs Chandrapur. Generation capacity to double by 2014
• Recently acquired Fisrtsource Solutions Ltd Technology • Among the top 3 pure play BPO companies in India
5 6 Operating performance:
Sales (MU) * Revenue (Rs. bn)
8577 53.17 8135 8270 46.69 41.72 7595 7206 32.00 34.49 6948 29.30
FY'08 FY'09 FY'10 FY`11 FY'12 FY'13 FY'08 FY'09 FY'10 FY`11 FY`12 FY`13
No. Of Consumers (Lakhs) PLF%(excluding peaking Station)
27.02 97% 97% 25.86 93% 24.89 88% 86% 23.84 85% 22.94 22.08
FY'08 FY'09 FY'10 FY`11 FY`12 FY`13 FY'08 FY'09 FY'10 FY`11 FY'12 FY'13 7 Profitability
PBT (Rs. Bn) Debt / Equity Ratio
7.73 6.93 6.14 5.22 4.65 4.03
FY'08 FY'09 FY'10 FY`11 FY'12 FY'13
EPS (Rs.) Dividend History
45 50 70% 39 35 33 50% 30 40% 35% 25%
FY'08 FY'09 FY'10 FY`11 FY'12 FY'13 FY'06 FY'07 FY`11 FY'12 FY'13
8 Growth plans
Coal & Gas based IPPs on a PAN India basis
Portfolio of Renewable projects (Solar, Wind, Hydro and MSW)
Privatization of Distribution Franchisee
9 600 MW Chandrapur TPP, Maharashtra
First Independent Power Plant (IPP) of CESC
Being set up in Chandrapur, near Nagpur
2x300 MW configuration
Project cost of Rs. 3500 crs funded at 75:25 debt equity ratio
Coal linkage available from CIL
BTG supplied by Shanghai Electric , China
BoP undertaken by Punj Lloyd
Long Term PPA for 100 MW signed with TANGEDCO
First unit synchro