NTPC Limited
RESULTS FOR Q2 FY 2012
ENDING SEP,2011
Net Sales amount to Rs.15377.54 Cr in Q2 FY 12 - compared to Rs.14171.49 Cr in Q1 FY 12 (Up
by 8.51%) and Rs.12989.29 Cr in Q2 FY 11
(Up by 18.39%).
Raw Materials consumption
amount to Rs.10649.40 cr in Q2 FY 12 – compared to Rs.9749.82 cr in Q1 FY 12
(Up by 9.23%) – and Rs.8607.27 cr in Q2 FY 11(Up by 23.73%).
Total Expenditure amounts to Rs.12796.91 cr
in Q2 FY 12 – compared to Rs.11946.39 cr in Q1 FY 12 (Up by 7.12%) and Rs.9984.83
cr in Q2 FY 11 (UP by 28.16%).
Profit from Operations amounts to Rs.2901.88 cr in Q2 FY 12 – compared to Rs.2577.84
cr in Q1 FY 12 (Up by 12.57%) – and Rs.3365.65 cr in Q2 Fy 11 (down by -13.78%).
Other Income stands at Rs.688.07 cr in Q2 FY 12 –
compared to Rs.643.66 c (Up by 6.9%); and Rs.253.54 cr in Q2 FY 11 (Up by 171.39%).
Interest amounts to Rs.331.17 cr in Q2 FY 12 –
compared to Rs.374.35 cr (Down by -11.5%) – and Rs.590.20 Cr in Q2 FY 11(Down
by -43.89%).
Profit before tax amounts to Rs.3258.78 cr
in Q2 FY 12 – compared to Rs.2847.15 cr in q1 FY 12 (Up by 14.46%) – and Rs.3028.99
cr in Q2 FY 11 (Up by 7.59%).
Tax expense stands at Rs.834.66 cr in Q2 FY 12 –
compared to Rs.771.37 cr in Q1 FY 12 (Up by 8.2%) – and compared to Rs.921.61
cr in Q2 FY 11 (down by -9.43%).
Net Profit stands at Rs.2424.12 cr in Q2 FY 12 –
compared to Rs.2075.78 cr in q1 FY 12 (Up by 16.78%) and Rs.2107.38 cr in Q2 FY
11(Up by 15.03%).
Basic EPS stands at Rs.2.94 on a Face value of
Rs.10 in Q2 FY 12 ; rs.2.52 in q1 FY 12; Rs.3.37 in Q4 FY 11; Rs.2.88 in Q2 FY
11; and Rs.2.56 in Q2 FY 11.
Thus, there is reasonable increase in both sales and Net
Profits. This is aided by Higher other Inconme and Lower Interest expense.
On the above basis, the annualized EPS will
be around Rs.11-12.
Current Market Price is Rs.160.45; 52
week high price is Rs.203.20 and 52 week low price is Rs.152.05.
On this basis Price earning
Ratio works out to 14.59
ANNOUNCEMENTS BY NTPC
29-12-2011 Ntpc Limited has accorded the
investment approval for the following : (i) Kudgi Super Thermal Power Project
(3 X 800 MW) to be implemented in the state of Karnataka at an appraised
current estimated cost of Rs.15166.19 Crore subject to environmental clearance
of Ministry of Environment and Forests (MOEF); (ii) Vindhyachal Super Thermal
Power Project, Stage-V (1 X 500 MW) to be implemented in the state of Madhya
Pradesh at an appraised current estimated cost of Rs. 3180.40 Crore subject to
environmental clearance of Ministry of Environment and Forests (MOEF). Stage-I
(6 X 210 MW), Stage-II (2 X 500 MW) and Stage-III (2 X 500 MW) of the project
are under commercial operation. Stage-IV (2 X 500 MW) of the project is
currently under construction.
26-12-2011 Unit # 2 of 660 MW of Sipat Super
Thermal Power Project has been commissioned on 24.12.2011 at 13:27 Hrs. With
this, the total capacity of NTPC group has become 36,014 MW. With the
commissioning of this unit, the total installed capacity of Sipat Super Thermal
Power Project has become 2,320 MW.
14-12-2011 Ntpc has signed a Contract Agreement
with Electricity Generation Company of Bangladesh Ltd (EGCB) on December 13,
2011 for providing Operation and Maintenance Services for the 2x120 MW Gas
based Siddhirganj Peaking Power Plant located near Dhaka in Bangladesh. This contract
is awarded against International Competitive Bidding and is valued at about 8.8
Million USD (Rs. 43Cr). EGCB shall be receiving loan from International
Development Association (The World Bank) for this O&M Services. This is the
largest single international order received by the Company. The Company has
thus forayed in to becoming an "International O&M Operator".
08-11-2011 Unit-II of 500 MW of Indira Gandhi
Super Thermal Power Project at Jhajjar of Aravali Power Company Pvt. Ltd.
(APCPL) a JV of NTPC Ltd., Haryana Power Generation Corporation Ltd. and
Indraprastha Power Generation Co. Ltd. has been commissioned on November 05,
2011 at 04:58 PM. With this, the total capacity of NTPC group has become 35,354
MW. With the coming of Unit-II, the total installed capacity of Indira Gandhi
Super Thermal Power Project has become 1,000 MW.
17-10-2011 Further, to the Corporate Disclosure
dated 24.11.2010 intimating about the signing of Joint Venture Agreement, a
Joint Venture Company under the name 'Pan-Asian Renewable Private Limited' has
been incorporated on 14.10.2011 amongst NTPC Limited (NTPC), Asian Development
Bank (ADB) and Kyuden International Corporation, a wholly owned subsidiary of
Kyushu Electric Power Company Inc. (Kyushu). NTPC, ADB and Kyushu shall
initially contribute in the ratio 50:25:25 in the equity share capital of the
Company. The Company has been incorporated to develop renewable energy projects
and initially establish over a period of three years a portfolio of about 500
MW of Renewable Power Generation resources in India".
03-10-2011 Unit # 1 of 660 MW of Sipat Super
Thermal Power Station Stage-I is declared on Commercial operation w.e.f. 00:00
Hrs of October 01, 2011. With this the commercial capacity of Sipat Super
Thermal Power Station (Stage-I&II) is 1660 MW and that of NTPC is 30990 MW.
27-09-2011 A 50:50 Joint Venture Company between
NTPC Limited and Ceylone Electricity Board, Sri Lanka has been incorporated in
the name of "Trincomalee power Company Limited" on September 26, 2011
in Sri Lanka. The Joint Venture Company shall set up 2x250 MW Coal based power project
in Trincomalee Region in Sri Lanka.
16-09-2011 Unit # 3 of 500 MW of Simhadri Super
Thermal Power Project is declared on commercial operation w.e.f. 00:00 Hrs of
September 16, 2011. With this the commercial capacity of Simhadri is 1500 MW
and that of NTPC is 30330 MW.
06-09-2011 NTPC Limited and Ceylon Electricity
Board (CEB), Sri Lanka signed the Joint Venture Agreement on September 06, 2011
in Colombo for setting up a 500 MW (2 x 250 MW) coal based power station at
Sampur, Trincomalee in the Eastern Province of Sri Lanka. A Joint Venture
Company (JVC) would be incorporated in Sri Lanka, with equal equity (50:50)
contributions by NTPC and CEB, for implementation of the power project.
22-07-2011 Ministry of Coal, Government of India,
through letter dated June 14, 2011, has conveyed the decision of Government to
de-allocate Kerandari, Chatti Bariatu and Chatti Bariatu (South) Coal Blocks
allocated to NTPC under Section 3(3)(a)(iii) of the Coal Mines
(Nationalisation) Act, 1973 due to delay in the development of Coal Blocks.
Further, Ministry of Coal has also decided to de-allocate Brahmini and Chichro
Patsimal Coal Block allocated to a JV Company formed between CIL and NTPC due
to delay in development of Coal Block. However, NTPC has represented to the
Ministry of Coal, Government of India to review the decision of de-allocation
of coal blocks. NTPC, through letter dated June 28, 2011, has informed Ministry
of Coal that NTPC is going ahead with all the project activities of these Coal
Blocks. Secretary (Ministry of Power) has also requested Secretary (Coal) to
review the Government's decision of de-allocation of coal and restore it to
NTPC.
18-07-2011 NTPC Limited has signed an MOU with
Government of Kerala on July 18, 2011, with objective to plan and develop
around 200 MW Wind Energy based power Projects in the State of Kerela in
association with Government of Kerela, on Build, Own & Operate (BOO) basis
using state-of-the-art technology subject to establishment of techno-commercial
viability. Out of total 200 MW, first 80MW wind energy projects will be
developed on fast track basis at Ramakkalmadu by NTPC.
08-07-2011 NTPC Ltd. has priced on July 07, 2011
USD 500 million Fixed Rate Senior Unsecured Notes under its USD 1 billion MTN
Programme. The Notes carry a coupon of 5.625% p.a. payable semi annually and
are due for maturity on July 14, 2021. NTPC Ltd. has also signed a Loan
Agreement of Rs 10,000 crore with State Bank of India on July 07, 2011. The
rupee term loan has a door to door maturity of 12 years with a drawdown period
of 4 years. The above loans shall be utilized for financing the capital
expenditure of ongoing/ new projects of the Company. -
28-06-2011 Unit # 1 of 660 MW of Sipat Super
Thermal Power Project has been commissioned on June 28, 2011 at 04:27 Hrs. With
this, the total capacity of NTPC group has become 34,854 MW. This is the first
super-critical 660 MW unit of NTPC which has been added to the capacity . With
the coming of this unit, the total installed capacity of Sipat Super Thermal
Power Project has become 1,660 MW.
10-05-2011 consolidated Results for the year ended
on 31-MAR-2011 as follows: Net Sales of Rs. 5741846 lacs for year ending on
31-MAR-2011 against Rs. 4825641 lacs for the year ending on 31-MAR-2010. Net
Profit / (Loss) of Rs. 935340 lacs for the year ending on 31-MAR-2011 against
Rs. 883765 lacs for the year ending on 31-MAR-2010. -
10-05-2011 standalone Results for the year ended
on 31-MAR-2011 as follows: Net Sales of Rs. 5487400 lacs for year ending on
31-MAR-2011 against Rs. 4632259 lacs for the year ending on 31-MAR-2010. Net
Profit / (Loss) of Rs. 910259 lacs for the year ending on 31-MAR-2011 against
Rs. 872820 lacs for the year ending on 31-MAR-2010.
RESULTS TABLE
|
NTPC
|
30-Sep-11
|
30-Jun-11
|
31-Mar-11
|
31-Dec-10
|
30-Sep-10
|
|
Net Sales
|
1537754
|
1417149
|
1551894
|
1342128
|
1298929
|
|
Other Oprting Income
|
32125
|
35274
|
45867
|
46732
|
36119
|
|
Raw Materials
|
1064940
|
974982
|
972556
|
833864
|
860727
|
|
Employees Cost
|
78461
|
69072
|
70819
|
68852
|
70918
|
|
Depreciation
|
65828
|
64113
|
69814
|
59855
|
50628
|
|
Other Expenditure
|
70462
|
86472
|
126454
|
56117
|
16210
|
|
Total Expenditure
|
1279691
|
1194639
|
1239643
|
1018688
|
998483
|
|
Profit from Operations
|
290188
|
257784
|
358118
|
370172
|
336565
|
|
Other Income
|
68807
|
64366
|
20556
|
20209
|
25354
|
|
Interest
|
33117
|
37435
|
52995
|
49318
|
59020
|
|
Profit before tax
|
325878
|
284715
|
325679
|
341063
|
302899
|
|
Tax expense
|
83466
|
77137
|
47495
|
103915
|
92161
|
|
Net Profit
|
242412
|
207578
|
278184
|
237148
|
210738
|
|
Face Value (In Rs
|
10
|
10
|
10
|
10
|
10
|
|
Paid Up Equity
|
824546
|
824546
|
824546
|
824546
|
824546
|
|
Basic EPS
|
2.94
|
2.52
|
3.37
|
2.88
|
2.56
|
|
Public Holding (%)
|
15.5
|
15.5
|
15.5
|
15.5
|
15.5
|
*
* * E
N D *
* *
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