GE Power India Limited · 2017-08-21 · GE Confidential – For authorized individuals only. Do not Distribute Disclaimer This Presentation and its related publication, release or

GE Power India Limited(formerly ALSTOM India Limited)

1 August 2017

GE Confidential – For authorized individuals only. Do not Distribute

DisclaimerThis Presentation and its related publication, release or communication (together the “Presentation”) is for general information purposes only. ThisPresentation does not solicit any action by GE Power India Limited (formerly ALSTOM India Limited) (the “Company”) based on the material containedherein. Nothing in this Presentation is intended by the Company to be construed as legal, accounting, investment or tax saving advice.

This Presentation includes statements that are, or may be deemed to be, “forward‐looking statements” (except for the historical information). Theseforward-looking statements appear in several places in the Presentation and are based on certain assumptions, anticipated developments and variousother factors which are not within the control of the Company viz. market growth, competition and the pricing environment in the market, market share,earnings etc. and external factors having impact on the conduct of the business viz. inflation, currency fluctuations, political and regulatory environment,Government policies and changes in international business environment etc.

The Company, therefore, in no way assures, represents, warrants, guaranty, undertake, express or imply, given that such statements, views, projectionsor forecasts are correct or that the objectives of the Company will be achieved as contained in the Presentation. Actual results could differ materiallyfrom those projected or forecast in the forward-looking statements. The Company may alter, amend, modify, revise or make necessary changes in anymanner to any such forward looking statements contained herein including but not limited to oral forward looking statements as may be required fromtime to time on the basis of any subsequent developments, conditions, circumstances, information, events or otherwise.

The Company expressly disclaims and does not assume or undertake any obligation to update forward looking statements to reflect the events,developments or circumstances after the date of the Presentation. Neither the Company nor its officers, affiliates or advisors or representatives nor anyof its or their parent or subsidiary companies or undertakings or any such person's officers, directors or employees guarantees that such forward‐lookingstatements and its assumptions, including oral or implied, are error free, lacking omissions, fair, accurate and complete nor does either assume or acceptany responsibility for such forward‐looking statements in future or the actual occurrence of such projections or forecast based on such forward-lookingstatements.

This Presentation should not be in any manner whatsoever construed as an approval, acknowledgement, confirmation or acceptance by any statutory orregulatory authority in India including the stock exchanges in India. The material contained in this Presentation is subject to change without notice andpast performance and historical trends or information is not indicative of future results.

This Presentation is for information purposes only for use at the Company’s investors meeting and does not constitute or should not be construed as anoffer / invitation for sale or subscription of or solicitation for any securities of the Company. In case of any questions, no un-published price sensitiveinformation shall be provided. Investors are cautioned to exercise diligence before taking any investment decisions or otherwise and Company assumesno responsibility for any loss or damage suffered due to any decisions made on the basis of this Presentation.


GE Power India Limited – new board members


GEPIL new board membersMr. Vishal Keerti Wanchoo

Mr. Vishal Keerti Wanchoo is the Commercial Growth Leader for GE’s Global Growth Organization and is responsible for developing Growth and Marketing Strategies and execution plans for all GE businesses in the growth regions.

Along with his team, he is responsible for building strategic and tactical marketing capability which includes market research, competitive intelligence, segmentation, business case development and digital marketing capability across businesses with a tight linkage to product management and technology. In addition, he is also responsible for driving key accounts and commercial talent development in the region.

He has been with GE for over 19 years, and held several senior leadership positions. Prior to this, Vishal was heading Business Development, Growth & Strategy for GE South Asia and earlier to that was running GE’s global Healthcare IT business (HCIT) in the United States. Vishal has been a GE Officer since 2005 and started his career with GE in November 1997, as the Vice President and General Manager of the Imaging and Information Systems organization.

Before joining GE Healthcare, Vishal was Vice President of Electronic Imaging at Agfa Medical, where he spent 10 years in various senior roles with the company.

Vishal grew up in India and is an alumni of the Lawrence School in Southern India. He earned an undergraduate degree in electrical engineering from IIT Delhi and subsequently moved to the US to do an MS in computer engineering at the University of Southern California.


Andrew H DeLeone

Mr. Andrew H DeLeone grew up in Syracuse, New York. He attended the University of Pennsylvania and graduated with a B.S. degree in Economics from the Wharton School in 2004. He received his Master’s degree from Cornell University.

Mr. Andrew H DeLeone joined General Electric’s Human Resources Leadership Program in 2005, and had assignments in Atlanta, GA, Schenectady, NY, Budapest, Hungary, and Fairfield, CT. Following program, he took on roles of increasing global responsibility in GE’s Power business, based in London, England, Greenville, SC, and Schenectady, NY. In 2014, He moved to Johannesburg, South Africa where he led talent development across all GE businesses in Africa.

In 2015, Mr. Andrew H DeLeone joined the Integration Planning team for the GE-Alstom Alliance, and subsequently became the Global Human Resources Leader for Steam Power Systems in GE Power based in Baden, Switzerland. He assumed his current position in May 2017

GEPIL new board members


Mr. Sanjeev Agarwal

Mr. Sanjeev Agarwal is a graduate in Mechanical Engineering from IIT Roorkeeand holds Master’s degree in Management Sciences (Part time) from Symbiosis Institute of Management University of Pune. He started his career with the Company in 2004. Since May 2015 he is acting as Executive-Boiler & Power Mills, India and responsible for the Profit & Loss for Boilers in India. This includes the execution office at Noida and Manufacturing unit at Durgapur. Working along with the other 5 Boiler execution centres globally and reporting in to Global Head of boilers based at Singapore. He is also responsible for developing and maintaining the relationship with the Technology Licensee in India. He has a rich experience of over 25 years mostly in power sector.

GEPIL new board members


GE Power India Limited – financial snapshot


AIL Financial Performance (1/5) – Revenues

28,839

26,960

22,475

19,420

21,868

‐

5,000

10,000

15,000

20,000

25,000

30,000

35,000

2012‐13 2013‐14 2014‐15 2015‐16* 2016‐17

Revenue (MINR)

* Numbers reinstated as per Ind AS


AIL Financial Performance (2/5) – Orders Received

24,517

40,131

19,130

7,83

3

22,635

‐

5,000

10,000

15,000

20,000

25,000

30,000

35,000

40,000

45,000

2012‐13 2013‐14 2014‐15 2015‐16 2016‐17

Orders (MINR)


AIL Financial Performance (3/5) – Networth

8,02

1 9,30

4

9,65

0

8,25

8

8,30

5

‐

2,000

4,000

6,000

8,000

10,000

12,000

2012‐13 2013‐14 2014‐15* 2015‐16* 2016‐17

Networth (MINR)

* Numbers reinstated as per Ind AS


AIL Financial Performance (4/5) – PBT

2,81

9

2,03

0

2,17

7

(942

)

285

(1,500)

(1,000)

(500)

‐

500

1,000

1,500

2,000

2,500

3,000

3,500

2012‐13 2013‐14 2014‐15 2015‐16* 2016‐17

Profit before Tax (MINR)

• Numbers reinstated as per Ind ASIn Mar 14 and Mar 15, 1169 MINR and 486 MINR, in addition to these numbers were profit on sale of business.


AIL Performance (5/5) – Headcount

Transport employees included in March 2014 number was 559

4,62

5

4,64

0

3,78

4

3,50

6

2,91

3

‐

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

4,500

5,000

2012‐13 2013‐14 2014‐15 2015‐16 2016‐17

Head Count (Nos)


30 Jun 2017 financials


Published Results 30 June 2017 . . . (pg 1/2)(Rs Million, except per share data)

Statement of Standalone Unaudited Financial Results for the quarter ended 30 June 2017Quarter ended Year ended

Particulars 30 June 2017 31 March 2017 30 June 2016 31 March 2017 (Un-audited) (Audited)* (Un-audited) (Audited)

1 Revenue from operations 3,496.6 3,324.0 4,010.0 20,412.32 Other income 387.3 400.7 269.3 1,455.5

3 Total income (1+2) 3,883.9 3,724.7 4,279.3 21,867.8

4 Expenses a) Cost of material and erection services 1,139.2 1,103.8 2,266.0 11,143.9 b) Changes in work in progress 406.0 67.0 219.8 -388.3 c) Excise duty on sale of goods 53.9 67.4 155.2 477.5d) Employee benefits expense 1,039.2 1,184.5 1,250.6 4,867.5e) Finance costs 64.2 9.2 30.0 508.3f) Depreciation and amortisation expense 139.2 174.1 145.0 597.9g) Other expenses 700.1 278.2 790.9 3,858.5

Total expenses (4) 3,541.8 2,884.2 4,857.5 21,065.3

5 Profit(+)/loss(-) before exceptional items (3-4) 342.1 840.5 -578.2 802.56 Exceptional items 174.1 176.0 342.0 518.07 Profit(+) /loss(-) before tax (5-6) 168.0 664.5 -920.2 284.58 Tax expense

a) Current tax - 69.8 - 154.0b) Tax related to earlier years - 27.1 - 77.1c) Deferred tax charge / (credit) 62.2 177.2 -289.5 50.5

9 Net profit(+)/ loss(-) after tax (7-8) 105.8 390.4 -630.7 2.9


Published Results 30 June 2017 . . . (pg 2/2)

10 Other comprehensive income:

Items that will not be reclassified to profit or loss

Remeasurements of defined benefit liability 8.2 73.3 -2.0 67.5 Income tax relating to above -2.8 -25.4 0.7 -23.4

11 Other comprehensive income/ (expense), net of tax 5.4 47.9 -1.3 44.1

12 Total comprehensive income for the period (9 +/- 11) 111.2 438.3 -632.0 47.013 Earning per share (EPS)

Basic and diluted EPS (Rs.) (not annualised) 1.57 5.81 -9.38 0.04See accompanying notes to the standalone unaudited financial results

Notes :1

2 3 4

5

*The figures for the quarter ended 31 March 2017 are balancing figures between audited figures in respect of the full financial year and the published year to date figure upto 31 December 2016. Also the year to date figures upto 31 December 2016 were only reviewed and not subject to audit.

The review report of the Statutory Auditors is being filed with BSE Limited and National Stock Exchange of India Limited. For more details on unaudited financial results, visit Investor Relations section of the Company's website at www.ge.com/in/ge-power-india-limited and Stock Exchange(s) website at www.nseindia.com and www.bseindia.com.

The Company's business activity falls within a single business segment i.e. Power Generation.The above unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 31 July 2017. The unaudited financial results for the quarter ended 30 June 2017 have been subject to limited review by the Statutory Auditor of the Company.

The Board of Directors in their meeting held on 29 May 2017 recommended a dividend of Rs. 3 per share and shareholders have approved the dividend in the AGM held on 31 July 2017. Exceptional item represents cost relating to restructuring carried out during the respective periods.


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GE Power India Limited · 2017-08-21 · GE Confidential – For authorized individuals only. Do not Distribute Disclaimer This Presentation and its related publication, release or

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