PTC INDIA LTD. INVESTOR PRESENTATION Q4FY17 & FY17 DISCLAIMER - PowerPoint PPT Presentation

PTC INDIA LTD. INVESTOR PRESENTATION – Q4FY17 & FY17

DISCLAIMER This presentation and the accompanying slides (the “Presentation”), which have been prepared by PTC India Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or binding commitment whatsoever. Certain matters discussed in this Presentation may contain statements regarding the Company’s market opportunity and business prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties include, but are not limited to: the performance of the Indian economy and of the economies of various international markets, the performance of the power industry in India and world- wide, competition, the company’s ability to successfully implement its strategy, the Company’s future levels of growth and expansion, technological implementation, changes and advancements, changes in revenue, income or cash flows, the Company’s market preferences and its exposure to market risks, as well as other risks. The Company’s future results, levels of activity, performance or achievements could differ materially and adversely from results expressed in or implied by this Presentation. The Company assumes no obligation to update any forward-looking information contained in this Presentation. Any forward-looking statements and projections made by third parties included in this Presentation are not adopted by the Company and the Company is not responsible for such third party statements and projections. The distribution of this document in certain jurisdictions may be restricted by law and persons into whose possession this presentation comes should inform themselves about and observe any such restrictions. 2

PERFORMANCE REVIEW 3

Q4FY17 AT A GLANCE - Standalone Total Revenue from Operation ( INR Crores) Total Volumes (BUs) 3,300.00 10200 3,269.20 10100 3,200.00 10.10 10000 3,100.00 9900 3,000.00 9800 2,982.51 9.80 2,900.00 9700 9600 2,800.00 Q4FY16 Q4FY17 Q4FY16 Q4FY17 PBT (INR Crores) PAT (INR Crores) 140 100 120 80 120.7 100 78.77 60 80 60 72.83 40 40 35.55 20 20 0 0 Q4FY16 Q4FY17 Q4FY16 Q4FY17 4

FY17 AT A GLANCE - Standalone Total Revenue from Operation ( INR Crores) Total Volumes (BUs) 14500 50 14000 48 14074.83 48.32 13500 46 44 13000 42 12500 42.37 12475.93 40 12000 38 11500 FY16 FY17 FY16 FY17 PBT (INR Crores) PAT (INR Crores) 420 400 400 409.01 300 380 290.87 360 200 234.43 340 344.13 100 320 300 0 FY16 FY17 FY16 FY17 5

FY17 AT A GLANCE - Consolidated Total Revenue from Operation ( INR Crores) 15500 15310.55 15000 14500 14000 13500 13447.39 13000 12500 FY16 FY17 Consolidated PAT (INR Crores) PBT (INR Crores) PAT Attributable to PTC 600 1000 500 800 505.81 400 771.85 414.7 406.26 600 300 624.38 322.54 400 200 200 100 0 0 FY16 FY17 FY16 FY17 The above results are as per Ind-AS w.e.f 1 st April’ 2016 with comparatives restated 6

PHYSICAL PERFORMANCE – SNAPSHOT (Q4FY17) Business Segment Q4FY17 Q4FY16 Growth (%) (Units in Millions) % of total trade (Units in Millions) 5786 1.3% 5864 58% Short Term Trades * 634 -3.9% 609 6% Medium Term 3379 7.5% 3633 36% Long Term Trades ** 1 - 1 - Wind 9800 3.1% 10107 100% Total * Short Term Trades include trades on power exchanges; 7 **Long Term Trades include trades from Cross Border operations

PHYSICAL PERFORMANCE – SNAPSHOT (FY17) Business Segment FY17 FY16 Growth (%) (Units in Millions) % of total trade (Units in Millions) 23378 10.76% 25896 53% Short Term Trades * 2580 5% 2711 6% Medium Term 16402 20,1% 19699 41% Long Term Trades ** 11 27.1% 14 - Wind 42372 14% 48320 100% Total * Short Term Trades include trades on power exchanges; 8 **Long Term Trades include trades from Cross Border operations

KEY HIGHLIGHTS – FY17 • PTC’s contract for supplying 250 MW to Bangladesh has been extended for 6 months from 1 st Feb, 2017 to 31 st July, 2017 1200 MW Teesta-III Hydroelectric Project (HEP) has achieved COD on 28 th Feb, 2017. The • project has 6 units of 200 MW each • Long Term capacity of 445 MW has started flowing during FY17 • PTC will be the trading partner responsible for purchase and sale of power from wind power projects for the first ever auction conducted by SECI. The price discovered (from 5 projects constituting 1050 MW) is fixed at Rs. 3.46/unit for 25 years • Consulting services for energy audit and energy efficiency areas consolidate on earlier starts. Power procurement advisory for energy intensive units like refineries make further progress • PTC Energy Limited (PEL) executed 5 wind power projects aggregating to 238.8 MW in AP and Karnataka. PEL’s total portfolio capacity now stands at 288.8 MW 9

NUMBERS UP-CLOSE Q4FY17 (STANDALONE) P&L (Three Months Ending 31 st March’ 2017) Particulars (INR Crore) Q4 FY17 Q4 FY16 % Y-o-Y Q3 FY17 % Q-o-Q Total Income from Operations 3,269.20 2,982.51 9.61% 3,111.69 5.06% Expenses: Purchases 3,097.70 2,798.08 10.71% 2,988.90 3.64% Operating Expenses 46.39 68.34 -32.12% 54.08 -14.22% Employee Benefit Expenses 6.97 6.28 10.99% 7.25 -3.86% Depreciation 0.77 0.87 -11.49% 0.33 133.33% Other Expenses 27.83 5.24 431.11% 7.79 257.25% Total Expenses 3,179.66 2,878.81 10.45% 3,058.35 3.97% Profit from operations 89.54 103.70 -13.65% 53.34 67.87% (before Other Income, Finance Costs & Exceptional Items) Other Income 75.96 23.86 218.36% 20.79 265.37% Finance Costs 44.77 17.21 160.14% 12.53 257.30% Exceptional Items (0.03) (37.52) - Profit Before Tax 120.70 72.83 65.73% 61.60 95.94% Tax Expenses 41.93 37.32 12.35% 19.03 120.34% (including deferred tax) Net Profit for the Period 78.77 35.51 121.82% 42.57 85.04% The above results are as per Ind-AS w.e.f 1 st April’ 2016 with comparatives restated 10

NUMBERS UP-CLOSE FY17 (STANDALONE) P&L (Full Year Ending 31 st March’ 2017) Particulars (INR Crore) FY 17 FY 16 Variance Total Income from Operations 14,074.83 12,475.93 12.82% Expenses: Purchases 13,479.27 11,871.99 13.54% Operating Expenses 210.07 248.04 -15.31% Employee Benefit Expenses 28.66 25.39 12.88% Depreciation 2.71 3.53 -23.23% Other Expenses 48.49 26.87 80.46% Total Expenses 13,769.20 12,175.82 13.09% Profit from operations 305.63 300.11 1.84% (before Other Income, Finance Costs & Exceptional Items) Other Income 237.99 184.16 29.23% Finance Costs 134.59 102.62 31.15% Exceptional Items (0.02) (37.52) Profit Before Tax 409.01 344.13 18.85% Tax Expenses 118.14 109.70 7.69% (including deferred tax) Net Profit for the Period 290.87 234.43 24.08% The above results are as per Ind-AS w.e.f 1 st April’ 2016 with comparatives restated 11

NUMBERS UP-CLOSE FY17 (CONSOLIDATED) P&L (Full Year Ending 31 st March’ 2017) Particulars (INR Crore) FY 17 FY 16 Variance Total Revenue from Operations 15310.55 13447.39 13.9% Expenses: Purchases 13479.27 11871.99 13.5% Provision for Expected Credit Loss 113.73 95.19 19.5% Operating Expenses 210.43 248.12 -15.2% Employee benefit expenses 43.99 37.20 18.3% Depreciation and Amortization Expenses 21.24 10.15 109.3% Other Expenses 73.23 45.57 60.7% Total Expenses 13941.89 12308.22 13.3% Profit from operations before other income, finance costs and exceptional items 1368.66 1139.17 20.1% Other Income 202.92 153.63 32.1% Profit from ordinary activities before finance costs and exceptional items 1571.58 1292.80 21.6% Finance costs 799.71 630.91 26.8% Profit from ordinary activities after finance costs but before exceptional items 771.87 661.89 16.6% Exceptional items: -Provision for diminution in value of long term investment - -37.55 -Profit / (Loss) on sale of fixed assets -0.02 0.04 Profit from ordinary activities before tax 771.85 624.38 23.6% 0.00 0.00 Tax expenses: Current tax 288.31 233.25 Deferred tax expenditure/ (income) -22.27 -15.13 Net Profit for the period 505.81 406.26 24.5% The above results are as per Ind-AS w.e.f 1 st April’ 2016 with comparatives restated 12

RECEIVABLES & REBATES Particulars Q4FY17 Q4FY16 FY17 FY16 Net Rebate (Rs. Cr.) 13.47 15.48 47.61 51.97 Net surcharge (Rs. Cr.) 59.44 42.81 95.17 69.91 Margin per unit (Rs./unit) 0.120 0.117 0.078 0.083 Margin per unit (without rebate & 0.048 0.058 0.049 0.054 surcharge) (Rs./ unit) 13

Our Vision “ To be a frontrunner in power trading by developing a vibrant power market and striving to correct market distortions” THANK YOU WWW.PTCINDIA.COM For more information contact: Shivank Kapur/ Harsh Wardhan PTC India Limited / Fortuna PR Tel: +91-11-46484266 / Tel: +91 9810162711 Email: investorrelations@ptcindia.com Email: harsh@fortunapr.com