Jsw Infrastructure Limited · NSE:JSWINFRA
Jsw Infrastructure — Investor Presentation (February 2024)
34 slides from Jsw Infrastructure's investor presentation, Feb 23, 2024
Slide 1: Exchange filing cover letter for investor presentation
INFRASTRUCTURE LTD. Regd. Office: JSW Centre, Bandra Kurla Complex, Bandra (East) Mumbai – 400 051. Phone : 022-42861000 Fax : 022-42863000 CIN: U45200MH2006PLC161268 Website: www.jsw.in Email id: infra.mumbai@jsw.in February 23, 2024 To, BSE Limited National Stock Exchange of India Limited Phiroze
Slide 2: Investor Presentation February 2024
Investor Presentation February 2024 JSW Infrastructure Investor Presentation
Slide 3: Forward Looking and Cautionary Statement
Forward Looking and Cautionary Statement This presentation has been prepared by JSW Infrastructure (the “Company”) based upon information available in the public domain solely for information purposes without regard to any specific objectives, financial situations or informational needs of any parti
Slide 4: Acquisition of the Liquid Storage Facility in Fujairah (UAE) completed
Acquisition of the Liquid Storage Facility in Fujairah (UAE) completed JSW Infrastructure Investor Presentation 3
Slide 5: Agenda
Agenda JSW Infrastructure- An Overview Indian Economy & Strong Fundamentals of Port Sector Growth Strategy and Business Update Q3 FY24 Operational & Financial Performance Robust Financials and Strong Balance Sheet Sustainability To Conclude Appendix JSW Infrastructure Investor Presentation 4
Slide 6: An Overview
An Overview JSW Infrastructure Investor Presentation 5
Slide 7: JSW Group Overview
Infrastructure Steel JSW Group Second largest private port operator in India with 170 mtpa capacity India’s leading integrated steel producer Installed crude steel capacity of 29.7 mtpa, growing Operates environment-friendly seaports & terminals Overview Equity listing in Oct 2023, current
Slide 8: JSW Infrastructure: Strategically Located Assets
JSW Infrastructure: Strategically Located Assets India International Total Operational capacity 170 mtpa1 UAE Liquid Storage Terminal Fujairah 465,000 m3 Dharamtar Port 34.0 (5 mtpa) PNP Port2 5.0 Jaigarh Port 55.0 10.0 Paradip Iron Ore Terminal Paradip South West Port 8.5 30.0 Coal Exports Terminal
Slide 9: Well Equipped Ports and Terminals with Multi-Modal Evacuation Channels
Well Equipped Ports and Terminals with Multi-Modal Evacuation Channels Majority of the ports have the natural advantage of a deep draft, permitting direct berthing of larger vessels like cape size and post panamax vessels, and multi modal evacuation channels enabling us to provide customized supply
Slide 10: India Growth Story and Strong Fundamentals of Port Sector
India Growth Story and Strong Fundamentals of Port Sector JSW Infrastructure Investor Presentation 9
Slide 11: Indian Economy Poised to Grow
Indian Economy Poised to Grow India on Track to be 3rd Largest Economy with a Size Of $7 Tn+ Government’s Thrust on Infra Capex Infra Capital Expenditure (₹ Trillion) 11 10 GPD (USD Tn) GDP (USD Tn) GDP (USD Tn) CY23 CY28P CY30P 7 6 USA 4 26.9 USA 32.7 3 3 4 3 India expected to remain within 2 2 the
Slide 12: Indian Port Sector - Strong Fundamentals
Indian Port Sector - Strong Fundamentals 7,500+ km of coastline and 5,000 km of navigable waterways Maritime routes contribute 95% of India’s trade volume Port capacity to Quadruple to 10,000 mtpa by 2047 India has 12 major and 200+ non-major ports with a capacity of ~2,600 mtpa 10,000 12 Major Port
Slide 13: Growth Strategy and Business Update
Growth Strategy and Business Update JSW Infrastructure Investor Presentation 12
Slide 14: Our Growth Strategy – Four Pillars
Our Growth Strategy – Four Pillars Pursue greenfield Pursue brownfield Increase third party Pursue acquisition opportunities with a expansion customer base opportunities focus on Non-Major Ports • Increasing capacity at Jaigarh Port by • Bid for concession in existing major • Acquisitions targeting
Slide 15: Acquisition of 465,000 Cubic Meter Liquid Storage Terminal at Fujairah, UAE
Acquisition of 465,000 Cubic Meter Liquid Storage Terminal at Fujairah, UAE Value Accretive Acquisition Foray into the lucrative liquid storage business at Fujairah Port Hub JSW Infrastructure through its wholly owned subsidiary JSW Terminal Middle East FZE, has executed a Share Purchase agreement w
Slide 16: Greenfield Port Development at Keni, Karnataka
Greenfield Port Development at Keni, Karnataka • Winning bidder for development of greenfield port at Keni in Karnataka • Concession agreement signed with Karnataka Maritime Board Keni Port is located strategically between two operational Major Ports viz. Mormugao Port in the north and New Mangalore
Slide 17: Acquisition of Majority Stake in PNP Port
Acquisition of Majority Stake in PNP Port Strategic Transaction Strategic location- Opposite to company’s Dharamatar Port, twenty nautical miles from Mumbai Anchorage and well- connected with Rail and Road JSW Infrastructure has signed SPA, through its subsidiary, JSW Dharamatar Port, with SP Port M
Slide 18: Q3 FY24 Results update Operational & Financial Performance
Q3 FY24 Results update Operational & Financial Performance JSW Infrastructure Investor Presentation 17 17
Slide 19: Q3 FY24 Highlights
Q3 FY24 Highlights • Total Cargo Handled of 28.1 MT in Q3 FY24 and 77.2 MT in 9M FY24 o Strong growth of 17% YoY in Q3 FY24 and in 9M FY24 o Third-party customer share of 39% in Q3 FY24 and 37% in 9M FY24 • Received EC approval at Ennore Coal Terminal for 9.6 mtpa (previously 8 mtpa) • Acquisition o
Slide 20: Q3 & 9M FY24: Operational Performance
Q3 & 9M FY24: Operational Performance Cargo Handled Third Party Cargo Cargo Handled Key Drivers (MT) (MT) (Customer Mix) Q3 +17% YoY +47% YoY • Total Cargo Handled of 28.1 MT in Q3 FY24, growth of Third Party 31% Third Party 17% YoY 39% o Increase in capacity utilization at the Paradip Iron 10.9 JSW
Slide 21: Q3 & 9M FY24: Consolidated Financial Performance
Q3 & 9M FY24: Consolidated Financial Performance Total Revenue EBITDA PAT Key Drivers (₹ Crore) (₹ Crore) (₹ Crore) Q3 +118% +21% YoY +33% YoY YoY 843 1,018 558 • Revenue growth is primarily driven by an 421 254 increase in Cargo volume 116 Q3 FY23 Q3 FY24 Q3 FY23 Q3 FY24 Q3 FY23 Q3 FY24 • EBITDA gr
Slide 22: Consolidated Financial – Q3 & 9M FY24
Consolidated Financial – Q3 & 9M FY24 Figures in ₹ Crore 9M FY23 9M FY24 Particulars Q3 FY23 Q3 FY24 2,400 2,832 Total Revenue 842 1,018 1,131 1,283 Total Expenses 421 460 1,269 1,549 EBITDA 421 558 52.9% 54.7% EBITDA Margin(%) 49.9% 54.8% 447 832 Profit After Tax 116 254 2.38 4.27 Diluted EPS* (INR
Slide 23: Track Record of Robust Growth and Strong Balance Sheet
Track Record of Robust Growth and Strong Balance Sheet JSW Infrastructure Investor Presentation 22
Slide 24: Robust Operational and Financial Metrics
Robust Operational and Financial Metrics Capacity (mtpa) & Utilization (%) Cargo Handled (MT) Total Revenue (₹ Cr) Capacity Vol Utilization 93 FY21-23 3,373 56.9% 63.2% 77 CAGR: 41.8% 2,832 62 2,379 35.2% 38.4% 170 158 46 1,678 119 153 FY21 FY22 FY23 9M FY24 FY21 FY22 FY23 9M FY24 FY21 FY22 FY23 9M
Slide 25: Strong Balance Sheet
Strong Balance Sheet Well-Positioned to Pursue Growth Opportunities Raised capital at competitive rates Net debt / equity1 1.17x • In January 2022, issued a USD 400 million 4.95% 0.96x sustainability-linked senior secured notes due in 2029 0.54x 0.08x • Recent rating upgrades FY21 FY22 FY23 9M FY24
Slide 26: Sustainability
Sustainability JSW Infrastructure Investor Presentation 25
Slide 27: Sustainability Strategy, Focus Areas and Governance
Sustainability Strategy 16 Focus Areas Governance and Oversight By Board-level Business Responsibility and Sustainability Climate Change: Biodiversity: No Net Loss for Biodiversity Committee • Aligned with India’s Nationally Determined Contributions targets for reduction in Emission Independent Inte
Slide 28: Sustainability - Key Performance Indicators
Sustainability - Key Performance Indicators Specific Energy Consumption (KJ/tch) GHG Emission Intensity (Kg CO2 e/tch) Specific Freshwater Consumption (L/tch) 8,751 6.9 1.30 7,564 1.25 7,102 5.4 1.12 4.5 1.07 FY21 FY22 FY23 9M FY24 FY22 FY23 9M FY24 FY22 FY23 9M FY24 Waste Generation (Grams/tch) Was
Slide 29: Our Commitment to Society
Our Commitment to Society Key Intervention Areas Health and Nutrition Water, Environment and Sanitation Health and • 1,850+ patients in Paradip benefited through • Toilet built exclusively for women at Paradip Nutrition Education doorstep healthcare services beach, with a footfall of 200+ women per
Slide 30: To Conclude
To Conclude JSW Infrastructure is the second largest private port operator in India with 170 mtpa capacity Strategically located assets with well equipped Ports and Terminals with Multi-Modal Evacuation Channels Well placed to reap the benefits of the growing Indian economy, massive infra build, str
Slide 31: Appendix
Appendix JSW Infrastructure Investor Presentation 30
Slide 32: Key Performance Indicators- Q3 FY24
Key Performance Indicators- Q3 FY24 Revenue from operations Total Revenue Operating EBITDA (₹ Crore) EBITDA (₹ Crore) (₹ Crore) (₹ Crore) & Margin (%) & Margin (%) 54.8% 51.0% 49.9% +18% YoY +21% YoY 47.2% 940 1,018 480 558 798 842 376 421 Q3 FY23 Q3 FY24 Q3 FY23 Q3 FY24 Q3 FY23 Q3 FY24 Q3 FY23 Q3 F
Slide 33: Key information- Cargo Handled
Key information- Cargo Handled Cargo Handled Legal Entity Particulars (MT) Q3 FY 23 Q3 FY24 9M FY23 9M FY24 JSW Infrastructure Limited Standalone 1.0 0.8 2.2 1.9 JSW Jaigarh Port Limited Jaigarh Port 5.2 5.7 14.7 16.6 JSW Dharamtar Port Private Limited Dahramtar Port 6.8 6.3 17.2 19.1 South West Por
Slide 34: THANK YOU
THANK YOU Investor Relations Contact ir.infra@jsw.in JSW Infrastructure Investor Presentation 33 33
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