Our Group’s Innovating for Reporting

Overview Sustainability Disclosures

Statutory and
Financial Results
1. Financial Results (Standalone):
Particulars 2022-23 2021-22 2020-21 2019-20
Revenue
Revenue from operations 163,769.77 121,174.55 99,206.72 97,700.39
Other income 3,954.64 3,575.11 4,345.99 2,778.02
Total revenue 167,724.41 124,749.66 103,552.71 100,478.41
Expenses
Fuel 96,851.50 66,570.07 52,849.64 54,241.82
Energy purchased for trading 3,656.26 3,450.22 3,031.25 2,776.44
Employee benefits expense 5,559.03 5,412.07 4,942.19 4,925.60
Other expenses 14,474.59 9,717.19 9,580.28 8,663.81
Profit before depreciation, finance cost and tax 47,183.03 39,600.11 33,149.35 29,870.74
Depreciation, amortization and impairment expense 13,136.71 12,058.24 10,411.80 8,622.85
Profit before finance cost and tax 34,046.32 27,541.87 22,737.55 21,247.89
Finance costs 9,979.23 8,216.54 7,459.03 6,781.97
Profit before exceptional items tax and regulatory deferral 24,067.09 19,325.33 15,278.52 14,465.92
account balances
Exceptional Items (+) income/ (-) loss - - (1,363.00) -
Profit before tax 24,067.09 19,325.33 13,915.52 14,465.92
Tax expense 6,279.27 4,457.77 1,925.39 9,181.95
Profit for the year before regulatory deferral account 17,787.82 14,867.56 11,990.13 5,283.97
balances
Net movement in regulatory deferral account balances (net of tax) (591.09) 1,414.43 1,779.39 4,828.84

Profit for the year 17,196.73 16,281.99 13,769.52 10,112.81

Other comprehensive income/(expense) for the year (net of tax) (75.70) (87.65) (68.19) (327.22)

Total comprehensive income for the year 17,121.03 16,194.34 13,701.33 9,785.59
Dividend 7,030.08 6,933.12 5,531.06 2,968.37
Dividend tax - - - 607.80
Retained profit 10,166.65 9,348.87 8,238.46 6,536.64
Assets
Property, plant & equipment 196,441.71 195,084.07 163,892.12 156,273.02
Capital work-in-progress 61,743.88 73,519.11 75,343.60 73,066.76
Investment property 465.18 - - -
Intangible assets 454.17 486.47 556.74 538.28
Intangible assets under development 44.92 98.47 94.90 292.52
Total Fixed Assets (Net block) 259,149.86 269,188.12 239,887.36 230,170.58
Investments in Subsidiaries, JVs & Others (Non-current) 29,719.75 23,249.37 28,125.65 26,400.89
Other non-current financial assets 4,556.18 2,306.48 2,686.96 2,003.86
Other non-current assets 12,353.64 12,355.11 13,790.02 11,464.50
Current assets 64,525.34 51,200.39 47,543.21 48,504.86
Assets held for sale 120.52 18.09 - -
Regulatory deferral account debit balances 11,961.97 12,822.88 11,143.72 9,122.76
Total Assets 382,387.26 371,140.44 343,176.92 327,667.45

134 | Integrated Annual Report - 2022-23

 2018-19

90,307.43
1,872.13
92,179.56

52,493.74
2,713.68
4,779.89
7,548.63
24,643.62
7,254.36
17,389.26
4,716.74
12,672.52

-
12,672.52
(2,918.71)
15,591.23

(3,841.34)

11,749.89
(201.87)

11,548.02
4,922.55
1,000.49
5,826.85

125,290.68
90,808.89
-
329.94
397.80
216,827.31
13,145.94
1,968.67
13,269.30
42,133.74
-
3,406.00
290,750.96
Our Group’s Innovating for Reporting
Overview Sustainability Disclosures
Statutory and
Financial Results
Particulars 2022-23 2021-22 2020-21 2019-20
Liabilities
Borrowings
Non-current borrowings 156,315.69 160,122.17 150,509.00 146,538.70
Current maturities of non-current borrowings 17,172.23 17,366.26 10,247.45 6,154.92
Total borrowings 173,487.92 177,488.43 160,756.45 152,693.62
Other Non-current liabilities 13,733.74 14,427.64 13,638.31 10,182.85
Current liabilities 70,831.08 65,949.72 58,049.71 54,704.16
Less: Current maturities of non-current borrowings 17,172.23 17,366.26 10,247.45 6,154.92
Net Current liabilities 53,658.85 48,583.46 47,802.26 48,549.24
Deferred Revenue 2,616.87 1,973.39 1,994.41 2,672.30
Regulatory deferral account credit balances - - - -
Net-worth
Equity 9,696.67 9,696.67 9,696.67 9,894.56
Other Equity 129,193.21 118,970.85 109,288.82 103,674.88
Net worth 138,889.88 128,667.52 118,985.49 113,569.44
Net worth excluding Fly ash utilisation reserve fund, Corporate 138,069.76 127,982.41 118,306.11 113,031.54
social responsibility (CSR) reserve & reserve for Equity instruments
through OCI
Total Liabilities 382,387.26 371,140.44 343,176.92 327,667.45
Value added 59,314.62 48,446.40 42,965.45 37,586.93
Number of shares 9,696,666,134 9,696,666,134 9,696,666,134 9,894,557,280
Number of employees 15,159 15,786 16,798 17,398
Ratios
Return on Net Worth (Profit for the year/Average Shareholder's 12.85 13.15 11.84 9.15
Equity) (%)
Book value per Share (₹) 143.23 132.69 122.71 114.78
Earnings per share (₹) 17.73 16.79 13.99 10.22
Current ratio 0.91 0.78 0.82 0.89
Debt equity ratio {(Non-Current Borrowings+ Current 1.33 1.43 1.46 1.46
Borrowings)/(Total Equity)}
Value added per employee (₹ crore) 3.91 3.07 2.56 2.16
 2018-19

119,698.08
7,732.40
127,430.48
6,151.34
55,354.00
7,732.40
47,621.60
2,139.37
-

9,894.56
97,513.61
107,408.17
106,780.48

290,750.96
33,570.80
9,894,557,280
18,359

11.23

108.55
11.88
0.76
1.33

1.83
Furthermore, the extract of your Company’s annual return (as per the sub-section (3) of section-92 of the Companies Act, 2013) has als
by your Company on 6 July 2022, Jhabua Power Ltd (JPL) has
th

become the first acquisition of your company through the

NCLT (National Company Law Tribunal) Route. Your
Company implemented the Resolution Plan on 5 September
th

2022, with a total payout of ₹ 925 crore. This payout consists of

₹ 325 crore towards Equity and ₹ 600 crore towards Non-
Convertible Debentures (NCDs). Currently, JPL is a joint venture
(50:50) between your Company and Secured Financial
Creditors JPL operates one unit of 600 MW in Madhya Pradesh.
JPL has been fulfilling its obligations by servicing the NCDs and
has paid a dividend of ₹ 100 crore for the financial
year 2022-23.
Integrated Annual Report - 2022-23 | 135