INDRAPRASTHA GAS LIMITED An Overview

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Background
Incorporated in 1998, IGL is a Joint Venture of GAIL and BPCL. Govt. of NCT of Delhi is also holding 5% equity IGL started its operations in NCT of Delhi in 1999 with only 9 CNG stations and 1000 PNG consumers Today IGL has its operations in NCT of Delhi, Noida, Greater Noida and Ghaziabad with 278 CNG stations, 245000 residential consumers and 520 industrial / commercial customers Fuelling the largest CNG Bus fleet in the World Connected to 245000 residential consumers, second largest in India
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Shareholding Pattern
Promoters

16 6 11 17 5 45

Government of NCT of Delhi

Foreign Institution Investors

M utual Funds

Indian Financial Institutions & Banks Public / Others

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Sales Mix

14% 4% 82%

CNG Comm./ Ind./Others Household

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Sales Volumes
Figures in MMSCM
CAGR FY11 Growth last five in FY11 years 823 180 1,003 2.75 18% 106% 28% 28% 15% 47% 18% 18%

FY07 CNG PNG Total Sale Daily Average Sale 453 37 489 1.34

FY08 506 43 549 1.50

FY09 603 54 657 1.80

FY10 695 87 782 2.14

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Growth in CNG

PARAMETER No of CNG Stations Compression Capacity

UNIT Nos (Lakh kg/day)

March'07 March'08 March'09 March'10 March'11 153 20.18 9.42 163 20.76 10.58 181 26.72 12.61 241 36.40 14.46 278 51.13 16.71

Average CNG (Lakh Sale kg/day)

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CNG Station Network

STATION Online Daughter Daughter Booster Total

IGL 98 0 3 101

DTC/ UPSRTC 40 0 0 40

OMC 59 1 77 137

TOTAL 197 1 80 278

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CNG Vehicles
Figures in numbers

March'07 Buses Auto RTV Cars/Taxi Total 11552 68498 5417 47669 133136

March'08 11665 80276 5667 130149 227757

CAGR March'09 March'10 March'11 last five years 9% 12918 13900 16655 93440 5730 175313 287401 106699 5793 213259 339651 121854 11070 281802 431381 13% 14% 63% 32%

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PNG Users
Figures in numbers

CATEGORY Dom estic Com m ercial / Industrial Total

March' 07 78000 313 78313

March' 08 121695 318 122013

March' 09 138000 332 138332

March' 10 182000 376 182376

March' 11 245000 520 245520

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PNG Network
Figures in kilometers

CATEGORY Steel Pipeline MDPE Pipeline Total

March' 07 178 931 1109

March' 08 195 1272 1467

March' 09 231 1700 1931

March' 10 299 2330 2629

March' 11 421 4420 4841

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Turnover,Gross Margin & PAT

FY07 GROSS TURNOVER GROSS PROFIT PAT 706 346 138

FY08 810 403 174

FY09 962 442 172

FY10 1213 583 215

FY11 1952 760 260

CAGR 27% 21% 20%

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Book Value & EPS

80 60 40 20 0
FY07 FY08
Series1
9.85 12.46

48.82 41.17 33.39

12.32

15.39

18.55

FY09

FY10
Series2

FY11

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Cumulative Capex
2500 2058 2000 1500 1000 644 500 0
FY'0 7 FY'0 8 FY'0 9 FY'10 FY'11

Rs. / crores

1287 898 727

Gross Block
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Dividend Payout
Dividend Policy provides liberal payout Track record Year FY03 FY04 FY05 FY06 FY07 FY08 FY09 FY10 FY11
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% of equity 5 15 20 25 30 40 40 45 50(Proposed)
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GrowthGrowth-Strategy
Improve/Augment CNG infrastructure/Stations in Delhi & NCR to meet the additional demand in view of heavy conversion of private cars

Improve penetration of PNG business :  Penetration of network in all charge areas  Target Industrial/Commercial customers in both Delhi & NCR

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Risks & Mitigations

Gas price increase  Increases are passed on to customers  CNG price still remains competitive vis--vis vispetrol and diesel  Any future increase can also be dealt with in the same way Availability of gas  Firm allocation from Govt. of India Govt.  Buying gas from RIL/GAIL/BPCL  Recently tied up more RLNG from GAIL/BPCL
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Safe Harbor Statement

This presentation has been prepared by Indraprastha Gas Limited solely for providing information about the company. company. The information contained in this presentation is for general information purposes only, without regard to specific objectives, financial situations and needs of any particular person. Company do not accept any person. liability whatsoever, direct or indirect, that may arise from the use of the information herein. herein. The Company may alter, modify or otherwise change in any manner the content of this presentation, without obligation to notify any person of such revision or changes. changes.
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THANK YOU

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