indraprastha gas limited an overview
DESCRIPTION
INDRAPRASTHA GAS LIMITED An Overview. Background. Incorporated in 1998, IGL is a Joint Venture of GAIL and BPCL. Govt. of NCT of Delhi is also holding 5% equity IGL started its operations in NCT of Delhi in 1999 with only 9 CNG stations and 1000 PNG consumers - PowerPoint PPT PresentationTRANSCRIPT
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INDRAPRASTHA GAS LIMITED INDRAPRASTHA GAS LIMITED
An OverviewAn Overview
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BackgroundBackground
Incorporated in 1998, IGL is a Joint Venture of GAIL and BPCL. Govt. of NCT of Delhi is also holding 5% equity IGL started its operations in NCT of Delhi in 1999 with only 9 CNG stations and 1000 PNG consumers
Today IGL has its operations in NCT of Delhi, Noida, Greater Noida and Ghaziabad with 308 CNG stations, 332844 residential consumers and 862 industrial / commercial customers
Fuelling the largest CNG Bus fleet in the World
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Shareholding PatternShareholding Pattern
45
518
1114
15
Promoters
Government of NCT of Delhi
Foreign Institution Investors
Mutual Funds
Indian Financial Institutions & Banks
Insurance Companies
Public / Others
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Sales Volume MixSales Volume Mix
6%
17%
77%
CNG
Comm./Ind./OthersHousehold
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Sales VolumesSales Volumes
FY08 FY09 FY10 FY11 FY12CAGR last five years
CNG 505 605 695 818 938 16%
PNG 43 54 87 180 282 50%
Total Sale 548 659 782 998 1,220 20%
Daily Average Sale
1.50 1.81 2.14 2.73 3.34 20%
Figures in MMSCM
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Growth in CNGGrowth in CNG
PARAMETER UNIT March'08 March'09 March'10 March'11 March'12
No of CNG Stations
Nos 163 181 241 278 308
Compression Capacity
(Lakh kg/day)
20.76 26.72 36.40 51.13 59.56
Average CNG Sale
(Lakh kg/day)
10.58 12.61 14.46 16.71 19.15
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CNG Station NetworkCNG Station Network
STATION IGLDTC/
UPSRTCOMC TOTAL
Online 110 50 67 227
Daughter 0 0 1 1
Daughter Booster 3 0 77 80
Total 113 50 145 308
Figures in numbers
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CNG VehiclesCNG Vehicles
March'08 March'09 March'10 March'11 March'12CAGR
last five years
Buses 11665 12918 13900 16655 18839 10%
Auto 80276 93440 106699 121854 159123 18%
RTV 5667 5730 5793 11070 13007 19%
Cars/Taxi 130149 175313 213259 281802 359176 50%
Total 227757 287401 339651 431381 550145 33%
Figures in numbers
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PNG UsersPNG Users
CATEGORYMarch'
07March'
08March'
09March'
10March'
11March'
12
Domestic 78000 121695 138000 182000 245000 332844
Commercial/ Industrial
313 318 332 376 520 862
Total 78313 122013 138332 182376 245520 333706
Figures in numbers
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PNG NetworkPNG Network
CATEGORYMar
March' 08
March' 09
March' 10
March'11
March'12
CAGR
Steel Pipeline 195 231 299 421 574 26%
MDPE Pipeline
1272 1700 2330 4420 6479 47%
Total 1467 1931 2629 4841 7053 45%
Figures in kilometers
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Turnover,Gross Margin & PATTurnover,Gross Margin & PAT
FY08 FY09 FY10 FY11 FY12CAGR
GROSS TURNOVER 810 962 1213 1952 279032%
GROSS PROFIT 403 442 583 760 125129%
PAT 174 172 215 260 306 17%
Rs./Crores
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Book Value & EPSBook Value & EPS
12.46 12.32 15.39 18.5521.89
41.1748.82
58.96
71.7
87.78
0
20
40
60
80
100
120
Series2 Series1
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Cumulative CapexCumulative Capex
727898
1287
2058
2642
0
500
1000
1500
2000
2500
3000
FY'08 FY'09 FY'10 FY'11 FY'12
Rs. / crores
Gross Block
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Dividend PayoutDividend Payout Dividend Policy provides liberal payout
Track recordYear % of equity
FY04 15
FY05 20
FY06 25
FY07 30
FY08 40
FY09 40
FY10 45
FY11 50
FY12 50
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Growth-Strategy Growth-Strategy
Improve/Augment CNG infrastructure/Stations in Improve/Augment CNG infrastructure/Stations in Delhi & NCR to meet the additional demand in view Delhi & NCR to meet the additional demand in view of conversion of private carsof conversion of private cars
Improve penetration of PNG business :Improve penetration of PNG business : Penetration of network in all charge areasPenetration of network in all charge areas Target Industrial/Commercial customers in Target Industrial/Commercial customers in
both Delhi & NCRboth Delhi & NCR
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Risks & MitigationsRisks & Mitigations
Gas price increaseGas price increase Increases have been passed on to customers Increases have been passed on to customers CNG price still remains competitive vis-à-vis CNG price still remains competitive vis-à-vis
petrol petrol
Availability of gasAvailability of gas Firm allocation from Govt. of IndiaFirm allocation from Govt. of India Buying gas from GAIL/BPCLBuying gas from GAIL/BPCL Recently tied up more RLNG from GAIL/BPCLRecently tied up more RLNG from GAIL/BPCL
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Safe Harbor StatementSafe Harbor Statement
This presentation has been prepared by This presentation has been prepared by Indraprastha Gas Limited solely for providing Indraprastha Gas Limited solely for providing information about the company.information about the company.
The information contained in this presentation is The information contained in this presentation is for general information purposes only, without for general information purposes only, without regard to specific objectives, financial situations regard to specific objectives, financial situations and needs of any particular person. Company do and needs of any particular person. Company do not accept any liability whatsoever, direct or not accept any liability whatsoever, direct or indirect, that may arise from the use of the indirect, that may arise from the use of the information herein.information herein.
The Company may alter, modify or otherwise The Company may alter, modify or otherwise change in any manner the content of this change in any manner the content of this presentation, without obligation to notify any presentation, without obligation to notify any person of such revision or changes. person of such revision or changes.
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THANK YOU