Sunday, October 27, 2013

PTC India Stock

The Concept of PTC
India is the third largest producer of electricity in Asia with an installed capacity that has increased from 1362 MW in 1947 to about 169749 MW as on 31st December 2010. However, alongside this growth story is the large scale shortages in meeting peak (10.5%) as of 31st December 2010 as well as energy shortage (8.2%) as of December 2010. In spite of the overall shortage, the inherent diversity in demand of various States and Regions in the country results in periods of seasonal surplus in one State or region coinciding with periods of deficit in another.

This coexistence of overall shortages with complementary geographical and temporal surplus-deficits provides substantial opportunities to improve the economic efficiency and reliable supply through trading of power both within as well as across Regions.

PTC India is in the Trading sector. The current market capitalisation stands at Rs 1,583.64 crore.The company has reported a standalone sales of Rs 2198.74 crore and a Net Profit of Rs 37.05 crore for the quarter ended Mar 2013.The company`s standalone trailing 12-month (TTM) EPS was at Rs 4.50 per share as per the quarter ended Mar 2013.The stock`s price-to-earnings (P/E) ratio is 11.89.The latest book value of the company is Rs 78.57 per share.

PTC India Ltd. (formerly known as Power Trading Corporation of India Limited), was incorporated in 1999 to undertake trading of power to achieve economic efficiency and security of supply and to develop a vibrant power market in the country. Therefore, PTC has a tri-fold mandate:

a. To optimally utilize the existing resources to develop a full fledged efficient and competitive power market

b. To attract private investment in the Indian power sector

c. To encourage trade of power with neighboring countries

The pioneering service of the Company led to recognition of “Power Trading” as a distinct licensed activity in the Electricity Act 2003. PTC holds Category I license from Central Electricity Regulatory Commission (CERC), the highest category with permission to trade unlimited volumes. PTC has maintained the largest market share since inception and is No. 1 in last 10 years of operations with its innovative products and services.

PTC would continue to play a frontrunner's role towards development of a vibrant power market in India and the South Asian Region and shall strive to add value to its customers' operations through providing holistic services that serve the evolving needs of the sector.

VISION

To be a frontrunner in power trading by developing a vibrant power market and striving to correct market distortions

MISSION

# Promote Power Trading to optimally utilize the existing resources
# Develop power market for market based investments into the Indian Power Sector
# Incentivize development of Power Projects by providing services on a holistic basis
# Promote exchange of power with neighbouring countries

CORE VALUES

# Transparency
# The Customer is Always Right
# Encouraging Individual Initiative
# Continuous Learning
# Teamwork

The company management includes


Deepak Amitabh

- Chairman & Managing Director,
Rita Acharya

- Director,
M K Goel

- Director,
S Balachandran

- Director,
Hemant Bhargava

- Executive Director,
Ved Jain

- Director,
Anil Razdan

- Director,
Dhirendra Swarup

- Director,
I J Kapoor

- Director,
Ravi P Singh

- Director,
Deepak Chatterjee

- Director,
M S Babu

- Executive Director. 

It is listed on the BSE with a BSE Code of 532524 and the NSE with an NSE Code of PTC.

Its Registered office is at 2nd Floor, NBCC Towers,,15 Bhikaji Cama Place New Delhi, 

Delhi - 110066.

Their Registrars are M C S Ltd.

Sunday, September 15, 2013

TATA POWER - Success Stock

Company Profile
Tata Power Company Ltd is India's largest integrated private power company. The company operates in two segments: power, which is engaged in the generation, transmission and distribution of electricity, and others, which is engaged in the defense electronics, project contracts/ infrastructure management services, coal bed methane and property development. 

Tata Power Company Ltd was incorporated in the year 1919. The company has successful public-private partnerships in generation, transmission and distribution- Tata Power Delhi Distribution Limited with Delhi Vidyut Board for distribution in North Delhi, 'Powerlinks Transmission Ltd' with Power Grid Corporation of India Ltd for evacuation of Power from Tala hydro project in Bhutan to Delhi and 'Maithon Power Ltd' with Damodar Valley Corporation for a 1000 MW Mega Power Project. 

The company commissioned their first hydro electric power generating station commissioned at Khopoli in the year 1915 with an installed capacity of 40 MW, which was subsequently upgraded to 72 MW. In the year 1922, they commissioned another hydro power station at Bhivpuri with an installed capacity of 40 MW, subsequently upgraded to 72 MW. In the year 1927, they set up Third Hydro power station of 90 MW capacity at Bhira, which was subsequently upgraded to 150 MW. 

In the year 1956, the company set commissioned a major thermal power station of 62.5 MW capacity at Trombay, to meet the increasing demand of electricity. Also, they set commissioned two more thermal units of similar capacity i.e. 62.5 MW in the years 1957 and 1960 respectively. 

In the year 1965, they set up Fourth thermal unit of 150 MW capacity at Trombay. In the year
1984, the company commissioned India's first 500 MW generating unit with multi-fuel burning capability at Trombay. In the year 1990, they set up Second 500 MW thermal unit at Trombay. 

In the year 1994, the company commissioned a gas-based 180 MW capacity combined cycle plant to provide quick-start capacity to Trombay Thermal Station and to ensure reliable and uninterrupted supply for essential services in Mumbai.

In the year 1996, the company commissioned the 150 MW Pumped Storage Unit at Bhira. Also, they set up 67.5 MW Thermal Power Plant at Jojobera (Jharkhand).

In the year 2000, The Tata Hydro-Electric Co. Ltd., The Andhra Valley Power Supply Co. Ltd., and the Tata Power Co. Ltd., are amalgamated to become one entity- The Tata Power Company Limited. Also, they commissioned a unit of 120 MW at Jojobera.

In the year 2001, the company set up 81.3 MW diesel generator based plant at Belgaum, Karnataka. In the year 2003, the company entered into a joint venture with PowerGrid Corporation of India Ltd., to develop a 1200 Km long transmission line to bring electricity from Bhutan to Delhi.

In the year 2004, the company incorporated a wholly owned subsidiary company, known as Tata Power Trading Co. Ltd. for the power trading business.

In the year 2005, the company commissioned the unit 4 of 120 MW capacity at Jojobera. In the year 2006-07, the company completed the acquisition of 30% equity in Indonesian Coal Mines, PT Kaltim Prima Coal (KPC), and PT Arutmin Indonesia, as well as trading companies from PT Bumi Resources.

In the year 2008, the unit 1 of 2 x 45 MW Phase of Haldia Project is synchronised with the grid. Also, the company commissioned the expansion project of 250 MW (Unit # 8) at Trombay.

During the year 2009-10, the company successfully completed the overhaul of Unit 5 during which the Unit underwent major renovation and modernization. The company commissioned Unit 3 of 30 MW, resulting in increase in the installed capacity of the plant to 120 MW. These Units use hot coke oven gas from Hooghly Metcoke and Power Company Limited to produce steam for power generation. Also, the company commissioned an additional 42 MW of wind power capacity, taking the total capacity to 201 MW.

During the year 2010-11, the company commissioned an additional 6 MW of wind power capacity in Maharashtra, taking the total installed wind power capacity in Mumbai Operations to 106 MW. Also, the company acquired a 21 MW wind farm, taking the total installed capacity outside Mumbai operations to 122 MW. As of March 31, 2011, the Company's installed wind power capacity outside Mumbai operations was Samana, Gujarat with a installed capacity of 50 megawatt; Gadag, Karnataka with a installed capacity of 50 megawatt, and Nivede, Maharashtra with a installed capacity of 21 megawatt. The Company had an installed capacity of 3,127 megawatt based on various fuel sources: thermal (coal, gas, oil), hydroelectric power, renewable energy (wind, solar photovoltaic and waste gases).

Today, Tata Power has an installed generating capacity of 5297 MW and a presence across the entire value chain in generation (thermal, hydro, solar and wind) transmission, distribution and trading. The company has emerged as a pioneer in the Indian power sector, with a track record for performance and has been a frontrunner in introducing state-of-the-art power technologies. Among its achievements, the company has to its credit the installation of India's first 500 MW unit at Trombay, the first 150 MW pumped storage unit at Bhira, a Flue Gas De-sulphurization plant for pollution control at Trombay and is now bringing the first 800 MW super-critical unit at Mundra, Gujarat. 


Equity Capital Structure

                                                                                                                                                     (Rs.in Cr)
Year
Authorised
Issued
Subscribed
Called Up
Less : Calls 
in Arrears
Forfeited
Paid Up
2013
300.00
242.95
237.37
237.31
0.04
0.06
237.33
2012
300.00
242.95
237.37
237.31
0.04
0.06
237.33
2011
300.00
242.95
237.37
237.31
0.04
0.06
237.33
2010
300.00
242.95
237.37
237.31
0.04
0.06
237.33
2009
300.00
227.06
221.48
221.42
0.04
0.06
221.44
2008
300.00
226.34
220.76
220.70
0.04
0.06
220.72
2007
300.00
203.54
197.96
197.90
0.04
0.06
197.92
2006
300.00
203.54
197.90
197.90
0.04
0.06
197.92
2005
300.00
203.54
197.90
197.90
0.04
0.06
197.92
2004
229.00
203.54
197.90
197.90
0.04
0.06
197.92
2003
229.00
203.54
197.90
197.90
0.05
0.06
197.91
2002
229.00
203.54
197.90
197.90
0.05
0.06
197.91
2001
229.00
203.54
197.90
197.90
0.05
0.06
197.91
2000
229.00
116.68
115.68
115.52
0.05
0.07
115.54
1999
229.00
115.68
115.68
115.66
0.22
0.01
115.45
1998
229.00
115.68
115.68
115.68
0.46
0.00
115.22
1997
229.00
115.68
115.68
115.68
0.62
0.00
115.06
1996
229.00
110.00
110.00
110.00
1.00
0.00
109.00
1995
229.00
110.00
110.00
110.00
1.72
0.00
108.28
1994
229.00
102.23
102.23
67.08
0.30
0.00
66.78
1993
59.00
48.73
48.73
48.73
0.00
0.00
48.73
1992
59.00
20.52
20.52
20.52
0.00
0.00
20.52
1991
26.00
20.52
20.52
20.52
0.00
0.00
20.52
1990
26.00
20.52
20.52
20.52
0.00
0.00
20.52
1989
26.00
20.52
20.52
20.52
0.00
-0.04
20.48


NTPC - Success Stock

PROFILE ABOUT THE CMD :

A firm believer in achieving team-excellence through transformational shift to proactive, positive and personalized approach and having experience in private and public sector organizations, Dr. Arup Roy Choudhury has an illustrious career of more than 34 years during which he has been holding the position of CEO for over 12 years. A graduate from Birla Institute of Technology-Mesra (Ranchi), post graduate and doctorate from IIT-Delhi, he follows the motto “संकल्प शुद्ध ही सिद्ध” i.e.if your intentions are pure, you are bound to succeed. Some highlights of his career are:

Became the youngest CEO of a Central Public Sector Enterprise in India (NBCC) at the age of 44 years in April 2001.

Honored with “Eminent Engineer Award” by Institution of Engineers (I) in 2004 for remarkable and valuable contribution, both national and international, in the field of engineering, particularly in civil engineering and construction sector.

Awarded for the best organizational turnaround from Hon. President of India in 2006.Received the Top Ten PSU and Turnaround Award from Hon. Prime Minister of India in 2007.
Received the Top Ten Central Public Sector Undertaking Award from Hon. Prime Minister of India in 2009.

Elected Chairman of Standing Conference of Public Enterprises, the apex body of over 240 Central Public Sector Enterprises in India, in 2009 re-elected unanimously in 2011.
Received the award as the Best Individual Leader of a Public Sector Enterprise from Hon. Prime Minister of India in 2010.

Received the Award for CSR and Responsiveness from Hon. President of India in 2010.Appointed CMD of NTPC, one of the ten largest power companies in the world and the largest power generator in India, since September 1, 2010.

Elected vice Chair (Asia-Pacific & South-Asia) of World Energy Council, the largest multi-energy organization in the world with nearly 100 member countries, in November 2011.
Received as CMD, the Gold Trophy for NTPC for best performance, from Hon. Prime Minister of India in January, 2012.
Honored with the ‘Asian CEO of the Year’ Award in April, 2012 by Terrapin, a Singapore-based business media company with presence in five continents doing significant work in Energy dialogue.

Figured at # 56 in the listing of India Inc’s 100 Most Powerful CEOs, 2012 (The Economic Times) and is at # 2 among the CEOs of the State Owned Enterprises (SOEs).
Honored with the “Outstanding Engineer Award” in October, 2012 by The Institution of Engineering and Technology (IET) UK, Delhi Network, for life-long contribution to “Excellence in Project Management in India”.

Honored with “Eminent Engineering Personality” by The Institution of Engineers (I) in December, 2012.

Ranked at # 40 in 'The Economic Times' List of India Inc's top 100 CEOs 2013 and is # 2 among the CEOs of the Public Sector Enterprises.

NTPC, India's largest power company, was set up in 1975 to accelerate power development in India. It is emerging as an ‘Integrated Power Major’, with a significant presence in the entire value chain of power generation business.

NTPC ranked 337th in the ‘2012, Forbes Global 2000’ ranking of the World’s biggest companies. With a current generating capacity of 41,184 MW, NTPC plans to become a 128,000 MW company by 2032.

NTPC Limited (formerly National Thermal Power Corporation) (BSE: 532555, NSE: NTPC) is the largest Indian state-owned electric utilities company based in New Delhi, India. It is listed in Forbes Global 2000for 2012 ranked at 337th[3] in the world. It is an Indian public sector company listed on the Bombay Stock Exchange in which at present the Government of India holds 84.5% (after divestment of the stake by Indian government on 19 October 2009) of its equity. With an electric power generating capacity of 41,184 MW, NTPC has embarked on plans to become a 128,000 MW company by 2032. It was founded on 7 November 1975.
On 21 May 2010, NTPC was conferred Maharatna status by the Union Government of India.[4]

NTPC's core business is engineering, construction and operation of power generating plants and providing consultancy to power utilities in India and abroad.

The total installed capacity of the company is 41,184 MW (including JVs) with 16 coal-based and seven gas-based stations, located across the country. In addition under JVs (joint ventures), six stations are coal-based, and another station uses naphtha / LNG as fuel. By 2017, the power generation portfolio is expected to have a diversified fuel mix with coal-based capacity of around 31,855 MW, 3,955 MW through gas, 1,328 MW through hydro generation, about 1,400 MW from nuclear sources and around 1,000 MW from Renewable Energy Sources (RES).

NTPC has adopted a multi-pronged growth strategy which includes capacity addition through green field projects, expansion of existing stations, joint ventures, subsidiaries and takeover of stations.

NTPC has been operating its plants at high efficiency levels. Although the company has 19% of the total national capacity it contributes 29% of total power generation due to its focus on high efficiency.

NTPC’s share at 31 Mar 2001 of the total installed capacity of the country was 24.51% and it generated 29.68% of the power of the country in 2008–09. Every fourth home in India is lit by NTPC. As at 31 Mar 2011 NTPC's share of the country's total installed capacity is 17.18% and it generated 27.4% of the power generation of the country in 2010–11. NTPC is lighting every third bulb in India. 170.88BU of electricity was produced by its stations in the financial year 2005–2006. The Net Profit after Tax on 31 March 2006 was 58.202 billion. Net profit after tax for the quarter ended 30 June 2006 was 15.528 billion, which is 18.65% more than that for the same quarter in the previous financial year. It is listed in Forbes Global 2000, for 2011 ranked it 348th[3] in the world.

Pursuant to a special resolution passed by the Shareholders at the Company’s Annual General Meeting on 23 September 2005 and the approval of the Central Government under section 21 of the Companies Act, 1956, the name of the Company "National Thermal Power Corporation Limited" has been changed to "NTPC Limited" with effect from 28 October 2005. The primary reason for this is the company's foray into hydro and nuclear based power generation along with backward integration by coal mining.

Hitachi Appliances - Success Stock

Company Profile

A member of the Lalbhai group, Amtrex Hitachi Appliances Ltd (AHAL) formerly known as Amtrex Appliances (AAL) was incorporated in Dec.'84, as Acquest Air-conditioning Systems (P) Ltd Company. It was converted into a deemed public limited company in Jun.'89. On 22, Jan.' 99 it issued 5165490 equity shares to Hitachi., Japan and Hitachi India Pvt Ltd., on prefrential basis making Hitachi group co-promoter of the company along with Lalbhai group. Subsequently it has been renamed Amtrex Hitachi Appliances Ltd. It has a technical collaboration with Hitachi, Japan. Amtrex is a leading manufacturer of air-conditioners. It has two plants, one at Kadi, Gujarat (a backward area), manufacturing air-conditioning and refrigeration appliances and other durables, the other at Silvassa manufacturing air-conditioners. It currently manufactures room air-conditioners consisting of window, split and multi-split air-conditioners under a technical collaboration with Hitachi, Japan, and markets them under the Amtrex brand. AHAL has entered into a joint venture with Cornelius, US, which will hold 51% of the equity in the venture. In May 2000, the company introduced "Kalmin" a new 1.5 ton window AC with a unique feature of sleep mode which saves on power to a extent of 34%. The company has adopted the technology route and is constantly developing and introducing new models alongwith upgrading existing models in all categories of Air-conditioning products

During 2000-01, the company has introduced new "LOGICOOL" range of Window and Split Air-conditioners. During the year 2003, the company changed its name to "Hitachi Home & Life Solutions (India) Ltd."

Equity Capital Structure

                                                                                                                                              (Rs.in Cr)  
Year
Authorised
Issued
Subscribed
Called Up
Less : Calls 
in Arrears
Forfeited
Paid Up
2013
30.00
22.96
22.96
22.96
0.00
0.00
22.96
2012
30.00
22.96
22.96
22.96
0.00
0.00
22.96
2011
30.00
22.96
22.96
22.96
0.00
0.00
22.96
2010
30.00
22.96
22.96
22.96
0.00
0.00
22.96
2009
30.00
22.96
22.96
22.96
0.00
0.00
22.96
2008
30.00
22.96
22.96
22.96
0.00
0.00
22.96
2007
30.00
22.96
22.96
22.96
0.00
0.00
22.96
2006
30.00
22.96
22.96
22.96
0.00
0.00
22.96
2005
30.00
22.96
22.96
22.96
0.00
0.00
22.96
2004
30.00
22.96
22.96
22.96
0.00
0.00
22.96
2002
19.98
14.67
14.67
14.67
0.00
0.00
14.67
2001
19.98
14.67
14.67
14.67
0.00
0.00
14.67
2000
14.98
14.67
14.67
14.67
0.00
0.00
14.67
1999
14.98
14.67
14.67
14.67
0.00
0.00
14.67
1998
14.98
9.50
9.50
9.50
0.00
0.00
9.50
1997
14.98
9.50
9.50
9.50
0.00
0.00
9.50
1996
14.98
9.50
9.50
9.50
0.00
0.00
9.50
1995
14.98
6.69
6.69
6.69
0.62
0.00
6.07
1994
14.98
4.82
4.82
4.82
0.00
0.00
4.82
1993
14.98
4.82
4.82
4.82
0.00
0.00
4.82
1992
14.98
3.74
3.74
3.74
0.01
0.00
3.73
1991
5.98
0.10
0.10
0.10
0.00
0.00
0.10