#1गेल GAIL GAIL (India) Ltd. India's Youngest Maharatna Analysts' & Investors' Presentation February, 2019 CNOR 動 CNG#2Physical Performance Gas Volume Trend (MMSCMD) Gas Transmission Mix 5% 50 50 13% Gas Marketing Mix 5% 6%5% 3Q 43% FY19 3Q FY19 50% 40% 34% 96 92 92 79 100 81 105 85 107 96 72 74 FY14 FY15 FY16 Gas Transmission FY17 FY18 3Q FY19 ■Gas Marketing ■APM/NAPM ■RLNG PMT ■Spot ■Mid Term ■RIL (TMT) Petrochemicals Sales Liquid Hydrocarbons Sales LPG Transmission 674 1,307 1,277 3,721 1,276 577 1085 1,082 3,145 3,093 3,362 521 994 2,819 2,952 445 441 334 FY14 FY15 FY16 FY17 FY18 3Q FY19 FY14 FY15 FY16 FY17 FY18 3Q FY19 FY14 FY15 FY16 FY17 FY18 3Q 2FY19#3Financial Performance (Standalone) Turnover (Gross)* 58,012 57,292 52003 تلا 48,789 53,690 Gross Margin* (PBDIT) 7,287 8,649 8,550 56,101 7,945 5,620 5172 FY14 FY15 FY16 FY17 FY18 3Q FY19 Profit Before Tax (PBT)* 7,345 6,958 6,402 5,411 4,284 3,062 FY14 FY15 FY16 FY17 FY18 3Q Profit After Tax (PAT)* FY19 4,375 4,618 4,903 3,503 3,039 2,226 (in Rs crore) FY14 FY15 FY16 FY17 FY18 3Q FY19 FY14 FY15 FY16 FY17 FY18 3Q FY19 3 *Figures from FY 16 onward are as per Ind-AS#4Financial Profile Gross Block (in Rs. crore) Capital Employed ( in Rs. crore) Net Worth (in Rs. crore) 41,389 43,122 44,504 46,115 47,244 34,056 39,907 41,984 47,226 46,934 47,039 51,659 26,858 28,888 30,699 32,350 35,142 39,643 FY14 FY15 FY16 FY17 FY18 3Q FY14 FY19 FY15 FY16 FY17 FY18 3Q FY19 FY14 FY15 FY16 FY17 FY18 3Q FY19 Loans (in Rs. crore) Debt to Equity Ratio Debt Service Coverage Ratio (DSCR) 10,268 9,556 8059 5,062 2,080 1,022 0.38 0.33 0.26 43 3 0.16 2 2 0.06 0.03 8 FY14 FY15 FY16 FY17 FY18 3Q FY14 FY15 FY16 FY17 FY18 FY19 3Q FY19 FY14 FY15 FY16 FY17 FY18 FY19 (exp) *Figures from FY 16 onward are as per Ind-AS, Networth as per Companies Act 2013#5Segment Wise Financial Performance Particulars SALES TURNOVER (GROSS) Natural Gas Transmission LPG Transmission Gas Marketing Petrochemicals LPG & Other Liquid Hydro Carbons (` in crore) FY 2017-18 3Q FY 2018-19 4,446 3,881 558 440 38,021 42,747 5,788 4,931 4,179 3,640 Unallocated 698 462 Total Turnover 53,690 56,101 PROFIT BEFORE TAX (PBT) Natural Gas Transmission 2,815 2,437 LPG Transmission Petrochemicals Gas Marketing LPG & Other Liquid Hydro Carbons 273 1,256 106 2,304 Unallocated TOTAL PBT 6,958 204 207 2,272 339 2,130 (41) 7,345#6Balance Sheet as on 31st December 2018 Assets 65,043 Equity & Liabilities 65,043 (` in crore) Non Current Assets Current Assets Equity 44,725 52,393 12,650 PPE 27,544 CWIP 9,908 Investments 9,278 Others 5,663 Equity Share Capital Other Equity 42,470 2,255 Non Current Liabilities 10,281 Retained Earnings 33,137 General Reserves, BRR etc. 4,322 Transition Reserve & OCI 5,011 Capital Employed Net Worth* ' 51,659 crore 39,643 crore * as per companies' Act Liabilities 20, 318 Loan Outstanding 1,022 crore Current Liabilities 10,037#7Capex & Source of Funds 4100 FY 17-18 Capex till 3Q FY19 is Rs 5,474 crores 1500 400 7400 6850 5900 3700 FY 18-19 Internal Generation Grant Borrowings CAPEX FY 19-20 (in Rs. crore) 500 1500 4850 7#8- Gas Sourcing & Sector Wise Supply – Q3 FY19 (Total 87.5 MMSCMD, % share) 33.6 MMSCMD 38% 34% 28% 62% 53.9MMSCMD 17% 21% 18 5 11 Fertilisers Domestic 19 Power 13 8 10 CGD for CNG & PNG Others* RLNG %age Share ㅁㅁㅁ Imported Gas primarily consists of Long Term RLNG, Mid Term RLNG and Spot Major sources for domestic gas are ONGC( APM & MDP), PMT at APM & PSC prices,Ravva, Ravva satellite, CBM etc. Highest demand of Natural Gas from Power & Fertilizer companies * Others include Steel, Refineries, Sponge Iron, Petrochemicals, GAIL Internal consumption etc. 8#9CNOR Thank you CNG 街