WELCOMES SHAREHOLDERS
27th Annual General Meeting
August 9, 2012
Presentation to Shareholders
HVL- CONSOLIDATED FINANCIAL OVERVIEW
SNAPSHOT OVER THE YEARS
FYE-2010 FYE-2011 FYE-20122
FYE-2010 FYE-2011 FYE-20122
Rupees in Millions
5,630.46
1,004.64
4,752.92
865.72
4,017.11
605.78
Profit After Minority Interest
Total Income
2
Private & Confidential
Hinduja Ventures Limited
Incubating arm of New Business Ventures
•
Media Investments - Cable Distribution
(IndusInd Media & Communication Limited)
•
Power Investments - Thermal Based Power
(Hinduja National Power Corporation Limited)
•
Leasing and Finance Investments- Automotive & Equipment Finance
(Hinduja Leyland Finance Limited)
•
Real Estate - Bengaluru & Hyderabad Properties
MEDIAIndusInd Media &
Communications Ltd.
MEDIA- INDUSIND MEDIA & COMMUNICATIONS LTD(IMCL)
INTRODUCTION
Background
Shareholding Pattern
IndusInd Bank,
5.53%
• IMCL is a pioneer and leading Multi
System Operator in India with a presence
across 34 cities including 18 key cities
and metros
Kudelski, 2.26%
ICL/ICHL Mauritius
(Hinduja
Group),
26.20%
• Reaching ~8.5 Mn households offering
both digital and analog Cable services
• The Company is the first ISO 9001:2000
Cable TV services company in the
country. It has over 2,700 affiliated LCOs
and is leading the digital Cable charge
with around 1 Mn STBs already installed
Hinduja
Ventures
(includes Grant
Investrade),
65.79%
• Business presence in Cable, Commerce
and Internet/ VoIP offering a compelling
‘triple play’ proposition to consumers
*IndusInd Communication Ltd/ IndusInd Channel Ltd (Hinduja Group)
5
Private & Confidential
IMCL- FINANCIAL OVERVIEW
SNAPSHOT OVER THE YEARS
Rupees in Millions
REVENUE
EBIDTA
PAT
4814
4099
3312
2966
1629
1976
1580.45
383 135
504 284
FYE -2007
FYE -2008
FYE -2009
707
333
FYE -2010
1211
671
1468
638
FYE -2011
FYE-2012
CAGR from 2007 to 2012:
•Revenue: 24.2%
•EBIDTA: 56.2%
6
Private & Confidential
The Indian TV Market Today
India Has a Large Television Market, Dominated by Cable
Great Service at Nominal
Cost
Millions of Homes Served
• 148 million TV
Households
• 93 million Cable
TV
+
Homes
• 33 million DTH
Homes.(Net)
A Thriving
Consumer
Driven
Market
Over 800 TV Channels
+
Average payments per
household:
Rs. 150 to 180/-
Cable likely to grow over 110 million homes by 2014
Digital Opportunity- Digital Cable
• Hybrid Digital STBs for Cable and
Internet, HD TV services
Digitalisation Timelines
• E Learning
• Exclusive Content and Channel
distribution for server based
Channels
• Events and localized content in
Digital Cable
• Localized E
Commerce/Teleshopping
• Triple Play , with PPV and NVOD
services
• IMCL will cover about 70% of its
subscriber base by Phase 2
Phase
1
 4 Metro’s
 31st October , 2012
Phase
2
Phase
3
 All One Million Plus
Cities 31st March 2013
 by 31 March, 2013
 All Municipalities by
Sept 2014
byb333CorporationsbyRest
Of India2014
September
 31 December ,2014
 30 September , 2014
Phase 4
IMCL- NETWORK AND REACH
Kurukshetr
Kaithal a
Bhiwani
Overall reach:
Cities: 34
Subscribers: 8.5 Mn+
Delhi/ Noida/ Faridabad
Udaipur
Surat
Mumbai/ Thane/
Navi Mumbai/ Kalyan
Digital Cable reach:
Cities: 21
Subscribers: 1.0 Mn+
•Kolkata
Ahmadabad
Indore
Vadodara
Broadband reach:
Cities: 12
Subscribers: 30,000+
Nagpur
Nasik
Ahmednagar
Solapur
Sangli
Hyderabad
Kolhapur
Gulbarga
Belgaum
Goa
Mysore
Substantial reach in high ARPU in key locations
such as Mumbai , Delhi & Kolkata in phase-I
Sufficient presence in other key Tier I cities &
towns in Phase-II & Phase-III
Bangalore
Allepey
9
Private & Confidential
Hinduja National Power Corporation Limited
Strictly Private & Confidential
Hinduja National Power Corporation Ltd. –
Project Highlights
 Hinduja Group has plans to reach ~10,000 MW power generation capacity in ~6-8
years at an expected investment of $12 billion.
 First Greenfield Project 1040 MW (2 x 520 MW) Domestic Coal Based Thermal Power
Plant is being set up in Visakhapatnam (A.P.)
 Land to the extent of 1123 acres + additional 301 acres has been acquired and land
titles transferred to HNPCL
 Project Cost ~ INR 55,450 Mn.
 Project Financing – Financial Closure: Achieved; Loan documentation signed with a
consortium of 14 banks
 Statutory Clearances – The project has been granted requisite statutory clearances &
other approvals.
 Commissioning Date : 2013.
Vizag Power Project | Site Photographs
Main Power Block
 Boiler drum for Unit-1 lifted on 10.01.2012
 Boiler drum for Unit-2 lifted on 18.04.2012
 EOT Crane erection completed for
both units
12
Vizag Power Project | Site Photographs
Coal Handling Plant
 Track Hopper RCC Work In progress
 Excavation work for Wagon tippler
in progress
 Structural Erection in progress
13
Vizag Power Project | Site Photographs
SWEET WATER RESERVOIR:
 Clay Layer work in progress
 HDPE Lining & Pre-cast tiles
laying in progress
Ash Dyke
 Piling works completed for Ash Silos
and Fly Ash Evacuation towers.
 Central bund filling in progress
14
Vizag Power Project | Site Photographs
Switchyard
 Tower erection started on 14 May 2012
 Equipment foundations in progress.
Sea Water Intake/Outfall System
 Engineering in progress
 Soil investigations completed
 Excavation for laying of CW piping
In progress
15
(HLF)
About HLF
 Received RBI license in April 2010
 Commenced Operations in May 2010
 Disbursements cross Rs 10,000 mn by March 2011
 Credit Rating upgraded from “Care A” to “Care A+” in November 2011
 Disbursement crosses Rs 30,000 mn by March 2012
 Achieved PAT of Rs 836 mn in second year of operations (March 2012)
 AUM cross over Rs 25,000 mn by March 2012
 Total Number of Locations are 440 spread across 19 States pan-India as of
March 2012
17
Performance Indicators - 2011 -12
Manpower
Profit After Tax (Rs. Cr)
1199
84
588
2010-2011
440
2011-2012
28
259
94
Business
Locations (No)
169
Leased offices
Employees (No)
2010-11
Gross Receivables (AUM)
(Rs. Cr)
2530
1300
2010-2011
2011-2012
2011-12
Portfolio Spread (2011-2012)
Thank You
www.hindujaventures.com