Schneider Electric Infrastructure
Limited
(India)
Quarter and 12 month year ended March 2014
June 2014
1
Disclaimer
All forward-looking statements are Schneider Electric Infrastructure Limited (India) management’s present
expectations of future events and are subject to a number of factors and uncertainties that could cause
actual results to differ materially from those described in the forward-looking statements. For a detailed
description of these factors and uncertainties, please refer to the section “Threats” in our Annual Reference
Document (which is available on www.infra.schneider-electric.com/in). Schneider Electric Infrastructure
Limited (India) undertakes no obligation to publicly update or revise any of these forward-looking
statements
.
This presentation includes information pertaining to the our markets and our competitive positions therein.
Such information is based on market data and our actual sales in those markets for the relevant periods.
We obtained this market information from various third party sources (industry publications, surveys and
forecasts) and our own internal estimates. We have not independently verified these third party sources
and cannot guarantee their accuracy or completeness and our internal surveys and estimates have not
been verified by independent experts or other independent sources.
2
We executed our 2013/14 priorities
Launch of new smart technology product – Natural Ester Filled transformer
( PremSet with solid shield insulation, feeder automation and self healing grid
Two years as a listed company
Maintained market leadership
position despite challenging market
thanks to resilient customer
relationships and strong market
focus
FY 2014 Schneider Electric Infrastructure Limited Results - Investor Presentation
A strong player in the emerging
Smart Grid and Smart City Domain
Successful restructuring of
Transformer business
3
Result Highlights
4
Order Intake (In million Rupees)
Quarterly Performance Highlight
Good Order Intake (+ 5.6% YoY)
despite challenging environment
5.6%
Strong order intake performance in
Metro and Oil & Gas segments
Annual Performance Highlight
4066
3222
3055
3402
3026
3.3%
13549
13115
Q4 FY13
Q1 FY14
Q2 FY14
Q3 FY14
Q4 FY14
FY 2014 Schneider Electric Infrastructure Limited Results - Investor Presentation
12M FY 13
12M FY 14
5
Sales (In million Rupees)
Quarterly Performance Highlight
Difficult execution due to liquidity
constraints, project delays in the
sector and pre-election cautiousness
Tough financing environment and
hence selective invoicing to mitigate
credit risk
-13.7%
Annual Performance Highlight
4160
3025
Q4 FY13
2731
Q1 FY14
-7.2%
2655
Q2 FY14
2610
Q3 FY14
Q4 FY 14
FY 2014 Schneider Electric Infrastructure Limited Results - Investor Presentation
13104
12156
12M FY 13
12M FY 14
6
Underlying EBITA (In million Rupees)
120
3.5%
Quarterly Performance Highlight
4.0%
3.2%
100
1.6%
2.6%
80
3.5%
3.0%
60
106
40
2.5%
70
68
83
2.0%
20
1.5%
• Underlying EBITA impacted by low
margin legacy order execution
• Employee cost and other expenses
come down with the cost effective
initiatives
Annual Performance Highlight
4.5%
0
1.2%
1.0%
-20
0.5%
-40
593
0.0%
-60
-74
-2.8%
-80
146
-0.5%
-100
-1.0%
Q4 FY13
Q1 FY14
Q2 FY14
Q3 FY14
Q4 FY14
FY 2014 Schneider Electric Infrastructure Limited Results - Investor Presentation
12M FY 13
12M FY 14
7
Annual Results (In million Rupees)
Revenue
FY 2014
FY 2013
12,156
13,104
Underlying EBITA
146
593
% of revenue
1.2%
4.5%
Provision for litigation
Foreign exchange variation cost (net)
Separation, integration, restructuring and other costs
Provision for doubtful debts / advances
Operational Support – corporate
(204)
(303)
(11)
(665)
421
(57)
(107)
(291)
0
EBITA
(616)
138
% of revenue
(5.1%)
1.1%
Interest
Exceptional items
Tax Expense
(260)
(373)
0
(318)
(100)
(4)
(1,249)
(284)
Other expense without abnormal
1,681
1,856
% of revenue
13.8%
14.2%
Net Income
FY 2014 Schneider Electric Infrastructure Limited Results - Investor Presentation
8
Net income (Profit after tax) (In million Rupees)
Quarterly Performance Highlight
-98
• Impact of Nani plant closure,
Foreign exchange fluctuations,
provision for litigation and debtor
provisioning relating to history
leading to losses
-150
-318
-358
-423
Annual Performance Highlight
-284
-1249
Q4 FY13
Q1 FY14
Q2 FY14
Q3 FY14
Q4 FY14
FY 2014 Schneider Electric Infrastructure Limited Results - Investor Presentation
12M FY 13
12M FY 14
9
New Growth Area: Smart City
Cities with a long-term vision
and commitment to becoming more
efficient, sustainable, and livable through
application of technology
efficient
•
•
•
Better information sharing
Improved resiliency to disruptions
Increased control over city systems
sustainable
•
•
•
Reduced Carbon emissions and
energy consumption
Operational cost savings
Decreased need for massive
infrastructure investments
livable
•
•
•
FY 2014 Schneider Electric Infrastructure Limited Results - Investor Presentation
Higher quality of life for city residents
Increased attractiveness to jobs & talent
Increased global competitiveness
10
Our solutions: 6 areas of expertise
Smart Energy
Smart Mobility
Smart Grid Automation
& Flexible Distribution
EV Charging
Infrastructure &
Supervision Services
Smart Metering
Management
& Demand Response
Traffic Management
Renewables Integration
& Micro Grid
Tolling & Congestion
Charging
Real-Time Smart Grid
Software Suite
Gas Distribution
Management
Smart Services
Smart Water
Smart Water Networks
• Distribution
management
• Leak Detection
• Water Quality
Power, Control &
Security Systems
integration
Stormwater
management and
Urban Flooding
Smart Public
Services
Public Safety
• Video Surveillance
• Emergency
management
Digital City Services
• eGovernment
• Education
• Healthcare
• Tourism
Smart Buildings &
Homes
High-performance
Buildings*
• Energy Efficiency &
Security solutions
•Energy Services
Efficient Homes
• Home Energy
management
Street Lighting
management
Connection to the
Smart Grid
Integrated Mobility
• Public Transit
• Traveler Information
• Smart Planning & Stakeholder Engagement
• Security Systems & Management
• Integrated City Management Platform
• Energy & Environment Management Information System
• Power, Security, Building, IT, & Process Management
Systems integrated Architecture
• Weather Intelligence
FY 2014 Schneider Electric Infrastructure Limited Results - Investor Presentation
• IT & Telecom integration
11
A Smart City solution
FY 2014 Schneider Electric Infrastructure Limited Results - Investor Presentation
12
A Smart Grid solution
FY 2014 Schneider Electric Infrastructure Limited Results - Investor Presentation
13
Appendices
14
Definitions
● EBITA:
EBIT before amortization and impairment of
purchase, accounting intangibles and impairment of
goodwill
● Underlying EBITA:
Operating EBITA before exceptional, separation
costs or one-off items
FY 2014 Schneider Electric Infrastructure Limited Results - Investor Presentation
15
Make the most
of your energy™
FY 2014 Schneider Electric Infrastructure Limited Results - Investor Presentation
16