Debt Position :

AEL (Rs Cr) FY19 FY18 Variance
Long Term Borrowings 2992.22 4551.59 -1,559
Short Term Borrowings 6959.14 12599.38 -5,640
Current Portion of Long Term Borrowings 1292.00 764.00 528.00
Gross Debt 11243.00 17915.00 -6672.00
-
Less Cash and Bank Balances 1709.00 1884.00 -175.00
Less Current Investments 3.00 72.00 -69.00
Total Cash & Cash equivalent 1712.00 1956.00 -244.00
-
Net Debt 9531.00 15956.00 -6423.00

Key Credit Ratios :

Particulars FY 18 FY 19
FFO / Gross Debt (18% - 25%) 22.4% 18.7%
FFO / Net Debt (13% to 15%) 25.1% 22.7%
FFO Interest coverage (3x – 4.5x) 5.4x 4.5x

Debt Maturity Profile (chart) :

  • FY19
  • 8,251
    < 1 Yrs
  • 2,127
    1-5 Yrs
  • 865
    > 5 Yrs