gail (india) ltd. · 2017-01-07 · gail (india) ltd. india’s youngest maharatna 1 . safe harbor...

Analysts’ & Investors’ Presentation Nov’15

GAIL (India) Ltd. India’s Youngest Maharatna

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Safe Harbor Statement

This presentation has been prepared by GAIL (India) Ltd (Company or GAIL) solely for providing information about the Company. The information contained in this presentation is only current as of its date. Certain statements made in this presentation may not be based on historical information or facts and may be "forward-looking statements", including those relating to the Company’s general business plans and strategy, its future financial condition and growth prospects, and future developments in its industry and its competitive and regulatory environment. Actual results may differ materially from these forward-looking statements due to a number of factors, including future changes or developments in the Company’s business, its competitive environment, information technology and political, economic, legal and social conditions in India. This communication is for general information purposes only, without regard to specific objectives, financial situations and needs of any particular person. Company do not accept any liability whatsoever, direct or indirect, that may arise from the use of the information herein. The Company may alter, modify or otherwise change in any manner the content of this presentation, without obligation to notify any person of such revision or changes

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Table of Contents

1. Introduction 2. Performance Highlights

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1. Introduction


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An Introduction

Natural Gas

Petrochemicals

Liquid Hydrocarbons

Exploration & Production

Power & Renewables

• Over 11,000 Km of network • Sophisticated Gas management System • Pursuing for expansion, Participation in RGPPL ( 5

MMTPA LNG Regasification Facility) • Long-term Import Portfolio: 24 MMTPA

• Domestic market share ~ 15% • Petrochemical Plant in Pata( UP) with capacity of 0.4

MMTPA (expanding to 0.81 MMTPA) • Participation in BCPL & OPAL

• 6 Gas Processing Plants producing LPG, Propane, Pentane, Naphtha etc.

• LPG Transport Capacity 3.8 MMTPA(2038 Km.)

• A part of vertical integration • Participation in 14 blocks (operator-2 blocks) • Presence in Myanmar & US

• 118 MW Wind Power Plant and 5 MW Solar Power Plant

• Participation in RGPPL( Capacity 1967 MW)

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Shareholding Structure

Listed on BSE : 15th May 1997/ Listed on NSE : 2nd April 1997

GDRs listed on LSE in 1999

FY15 Dividend/share: ` 6.00 per share Number of Shares: 126.848 million

Share Price (52 Wk. High/Low): ` 502.00 / ` 260 .25

Market Cap: ` 39,183 Cr.

GoI, 56.1%

LIC, 10.6%

GDRs, 1.1%

ONGC, 4.8%

IOC, 2.4%

FIIs, 16.4%

Others, 8.5%

Top Shareholders other than GoI % Shareholding

LIC 10.6 %

ONGC 4.8%

IOCL 2.4 %

LIC P&GS Fund 2.2 %

Matthews Pacific Tiger Fund 1.8 %

Source: BSE Website Note: Data as on 30th September 2015 as per BSE website

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2. Performance Highlights


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Major Highlights of H1 FY16

Profit After Tax - `865 Cr

Transmission charges include Ship or Pay Billing of ` 219 Cr

Sales Turnover - `26,607 Cr

Loan Repayments - `547 Cr (Domestic – ` 485 Cr & Foreign – ` 62 Cr)

Increase in Depreciation (` 139 Cr) & Finance Cost (` 161 Cr) in Petrochemicals

Increase in Gas Sales from Power Pooling Scheme - ` 1509 Cr

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Average Liquid Hydrocarbon price realization for H1 FY16 over `31,400/MT

Average Polymer price realization for H1 FY16 over `94,000/MT

E&P Revenue from Myanmar (Net of Prod., Royalty & Govt. Share) `254 Cr

Dividend Received ` 163 Cr (Maiden Dividend received from SEAGP - ` 17 Cr)

Physical Performance

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Natural Gas Petrochemicals

Liquid Hydrocarbon LPG Transmission

Transmission Trading Sales Production

VSPL JLPL

402

345

H1 FY15 H1 FY16

1131

1030

H1 FY15 H1 FY16

Sales Production TMT

645

532

H1 FY15 H1 FY16

649

534

H1 FY15 H1 FY16

MMSCMD TMT

TMT

73 72

H1 FY15 H1 FY16

94 89

H1 FY15 H1 FY16

217

136

H1 FY15 H1 FY16

196

134

H1 FY15 H1 FY16

Financial Performance (Standalone)

40,281 47,333

57,245 56,569

26,607

FY12 FY13 FY14 FY15 H1 FY16

Sales (net of ED, in ` Cr.)

6,247 7,234

7,945

5,620

2,269


Gross Margin* (PBDIT, in ` Cr.)

5,340 6,058

6,402

4,284

1,311


PBT* ( in ` Cr.)

3,654 4,022

4,375

3,039

865


PAT ( in ` Cr.)

10 * Incl. exceptional items

Balance Sheet – 30.09.2015 (` in Cr.)

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Share Capital 1268

Reserves & Surplus 28727

Borrowings* 9459

Deferred Tax Liab. 3694

Capital Employed 43,148

Tangible Assets 27075

Intangible Assets

726

CWIP 4623

Equity Investments

4462

Others 6262

NG Pipelines incl. Comp. 25203

Petrochemicals 10768

LPG Pipeline 1775

LHC Plants 1705

E&P assets 1171

Wind Power 795

Others 613

Gross Block 42031

Less Acc Dep 14229

Net block 27801

Linepipes & related facilities

2603

Petrochemicals 1385

Exploratory & Development Well in Progress

465

Others 170

CWIP 4623

Working capital 2661

Non Current assets less Non Current Liab.

3602

Others 6262

* Includes Short Term Borrowings of Rs 393 Cr

Financial Profile

21,449 24,038

26,858 28,888 29,749


Net Worth (in ` Cr.)

28,741

35,591 39,907

41,984 43,148


Capital Employed ( in ` Cr.)

26,307 31,149

34,056

41,389 42,031


Gross Block (in ` Cr.)

9

7

4 3

2


Debt Service Coverage Ratio (DSCR)

5,347

9,064 10268

9,556 9,459

FY12 FY13 FY14 FY15 H1 FY16*

Loans ( in ` Cr.)

0.25

0.38 0.38

0.33 0.30


Debt to Equity Ratio

12 * Incl. Short Term Borrowings of ` 393 Cr.

Thank You


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gail (india) ltd. · 2017-01-07 · gail (india) ltd. india’s youngest maharatna 1 . safe harbor...

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