Coal India Ltd. · NSE:COALINDIA
Coal India — 9M FY2023-24 Earnings Presentation
46 slides from Coal India's earnings presentation, Feb 19, 2024
Slide 1: Intimation of Corporate Presentation to Stock Exchanges
कोल इि डया ल मटे ड Coal India Limited Company Secretariat कंपनी स चवालय Regd. Office:3rd floor, Core-2 3 त ला, कोर-2, े मसेस-04-एमआर, लॉट-ए Premises no-04-MAR, Plot no-AF-III, Action Area-1A, Newtown, एफ-III,ए शन ए रया-1A, यट ू ाउन, रजरहट, Rajarhat,Kolkata-700156 कोलकाता-700156, फोन 033-२३२४६५२६, PH
Slide 2: 9M 2023-24 Coal India Limited
• Highest ever 9M Coal Production, Offtake & OB removal during 9M of FY 23-24. • Highest ever 9M & Q3 Profit , Revenue from Operations & Net Sales during 9M & Q3 of FY 23-24. 9M 2023-24 COAL INDIA LIMITED …Committed to fulfil the energy aspirations of the Nation www.coalindia.in twitter.com/CoalIndi
Slide 3: Vision & Mission, Key Value Propositions, Our Genesis
Coal India –Vision & Mission , Key Value Propositions , Our Genesis To emerge as a global player in the primary energy sector To produce and market the planned quantity of coal and coal Mission Vision committed to provide energy security to the country by attaining products efficiently and economica
Slide 4: Location of the Subsidiary Companies
Location ofLocation of theCompanies the Subsidiary Subsidiary Companies A. CIL - Coal Producing Subsidiaries (1) Eastern Coalfields Ltd.(ECL) (2) Bharat Coking Coal Ltd.(BCCL) (3) Central Coalfields Ltd.(CCL) (4) Northern Coalfields Ltd.(NCL) (5) Western Coalfields Ltd.(WCL) (6) South Eastern Coalfi
Slide 5: Key Company Highlights – Record Breaking 9M of FY 23-24
Key Company Highlights – Record Breaking 9M of FY 23-24 Highest ever 9M Production, Offtake & OBR During 9M of FY 23-24 Highest ever 9M Profit ,Revenue from Operations & Net Sales in 9M 23-24. Implementation for mitigation of Fire and rehabilitation Highest ever schemes of BCCL 9M houses Offtake ofo
Slide 6: Key Company Highlights
Key Company Highlights High focus on social, environmental and health & safety initiatives . Organizational Commitment Documented CSR policy . to Sustainable Development Committed to improve on all ESG parameters EBITDA1 margin of 34% in 9M 23-24 & 32% in FY 22-23. Positive Margins & Returns FY 22-2
Slide 7: Primary Energy – World Consumption
Primary Energy – World Consumption* Share of global primary energy (%) Regional consumption pattern 2022 (%) Coal is the second largest fuel for primary energy Coal is the dominant fuel in the Asia Pacific region. consumption. At a global level, Coal remained the dominant fuel for power generation i
Slide 8: Increasing Power Demand in 9M 23-24
Thermal PLF % PEAK DEMAND (MW) 30 35 40 45 50 55 60 65 70 75 Apr-21 67 0 50000 100000 150000 200000 250000 300000 May-21 54 Jun-21 55 Jul-21 57 Aug-21 60 Sep-21 54 Oct-21 56 Nov-21 53 Dec-21 58 Jan-22 60 Feb-22 64 Mar-22 68 Apr-22 72 May-22 68 Jun-22 68 Jul-22 59 FY 22-23 Aug-22 59 Sep-22 61 Oct-22
Slide 9: Coal Production and Offtake Trend
Consequently, Demand for Coal increased Coal Production Trend Coal Offtake Trend Offtake (MT) Growth YoY (%) Production (MT) Growth YoY (%) 70 50% 90 35% Million Tonnes 80 30% 60 40% Million Tonnes 70 25% 50 60 30% 20% 40 50 20% 15% 30 40 30 10% 10% 20 20 5% 10 0% 10 0% 0 -5% 0 -10% Apr-21 Apr-22 Ap
Slide 10: EC, FC, Land & PR
EC, FC, Land & PR Environment Clearance (EC) Forest Clearance (FC) • In FY23, seven (7) proposals of FC (Stage-I) for 1920.147 Ha. of • In FY23, 40 Proposals with incremental EC forest land have been secured and in 9M of FY 2023-24, six (6) proposal of FC (Stage-I) of 1452.734 Ha. has been secured.
Slide 11: Railway Lines for Coal Evacuation – Key to Capacity Building
Railway Lines for Coal Evacuation – Key to Capacity Building • In order to have a seamless evacuation system for the projected production, an action plan to enhance and strengthen the infrastructure of coal evacuation for existing, ongoing and future projects of subsidiary companies is in place. Rai
Slide 12: Railway Lines for Coal Evacuation – Under Construction
Railway Lines for Coal Evacuation – Key to Capacity Building Under Construction • CERL Phase – II - Land acquisition under process. Financial Closure achieved in Aug’2023. Land acquisition and forest clearance activity is in advanced stage. Complete private land of 287 Ha acquired (100%). Working pe
Slide 13: Infrastructure Building – First Mile Connectivity Projects
Infrastructure Building – First Mile Connectivity Projects • CIL has taken steps to upgrade the mechanized coal transportation and loading system under 'First Mile Connectivity' projects (Aug’2019) . • Phase-I: 35 projects of 414.5 MTPA awarded at a capital investment of INR 10,750 Cr.; 9 projects o
Slide 14: Quality Control
Quality Control As per Third Party Sampling results in terms of The difference between weighted average of quantity sampled and analyzed, Grade conformity declared Gross Calorific Value (with reference to from Apr’22 to Mar’23 has been 70% as compared to midpoint GCV of respective grades) and analyz
Slide 15: Import Substitution
Import Substitution • Under the backdrop of ‘Aatma Nirbhar Bharat’ mandate to promote usage of domestic coal in the country, CIL took various steps : Steps taken by CIL to substitute import in April-Dec of FY 2023-24 During April-Dec of FY 2023-24, CIL supplied 552.03 MT of coal against 507.8 MT of
Slide 16: Cost Control Measures
Cost Control Measures Attrition of manpower: Around 5% reduction in 01 manpower annually for the next 5-10 years (FY23 base of 2,39,210 employees) 03 First mile connectivity & infrastructure creation to reduce costs. Closure of unviable mines: 138 underground mines employ around 37.59 % of the workf
Slide 17: Cost Control Measures – Closure of Unviable Mines
Cost Control Measures – Closure of Unviable Mines Open Cast & Underground Production Open Cast & Underground Manpower 800 200 Coal Production (Mill. Te.) 180 Manpower (in ‘000s) 700 600 160 140 500 120 400 100 300 80 60 200 40 100 20 0 0 FY 16 FY 17 FY 18 FY 19 FY 20 FY 21 FY 22 FY 23 FY 16 FY 17 FY
Slide 18: Moving towards Clean Coal
Moving towards Clean Coal Coal Gasification Coal Bed Methane Washeries Three Surface Coal Gasification (SCG) Projects identified. • Tenders floated for 3 projects for CBM • 14 coal washeries, (12 coking coal and 2 non- Development through CBMD (Coalbed coking coal) with total capacity of 29.94 mtpa
Slide 19: Diversification
#1 Diversification #2 Solar Generation Thermal Power Plant •Aim to set up 3GW capacity of solar power projects to become net-zero by FY 25-26. CIL intends to add another 2 1x660 MW at Amarkantak (MP) – by JV of SECL & MPPGCL GW of renewable energy, aiming for a total installed capacity • MOU signed
Slide 20: Diversification – Solar Power Generation
Diversification – Solar Power Generation • Work has been awarded for execution of 379 MW SPV Solar Projects at MCL(50 MW), ECL(35 MW), 1 NCL(50 MW) ,SECL(40 MW), WCL(15 MW), BCCL (25 MW & 20 MW) ,CCL (20 MW & 24 MW) & 100 MW Solar Plant for GUVNL. 180 MW of ground mounted solar projects and 15 MW of
Slide 21: Maximizing Shareholder Value and Returns
Maximizing Shareholder Value and Returns Dividend per Share Payout ratio 30 146% 160% CIL intends to payout maximum dividend post capex out of the cash 25 140% profits 78% 120% • CIL is regularly paying considerable dividend to its shareholders. 20 100% 60% • CIL intends to pay free cash flow after
Slide 22: Coal India's Commitment on Carbon Emission and Climate Change
Coal India’s Commitment on Carbon Emission and Climate Change Despite absolute growth in India’s demand for coal, Coal India is committed to support India’s journey to achieve its Intended Nationally Determined Contributions (INDCs) by 2030 and utilize the opportunity to devise our own journey towar
Slide 23: Carbon Emission and Climate Change – Coal India's Objectives
Carbon Emission and Climate Change – Coal India’s Objectives Support and contribute towards India’s INDCs Reduce emissions in the most cost effective manner to reduce emissions while ensuring India’s energy security Coal India’s Objectives Expedite move towards better, Continue to responsibly play o
Slide 24: How CIL aims to move towards a Net Zero Emission Company
Carbon Emission and Climate Change – How CIL aims to contribute and move towards a ‘Net Zero Emission’ Company • Both for captive and non-captive power requirement. • Enhancing coal production through Surface Miner Aim at 3 GW of RE capacity by FY 25-26. Technology. Washing/ De-shaling of coal. • Ut
Slide 25: 9M & Q3 of FY 23-24 Results
Coal India Limited A Government of India Undertaking ‘AMaharatna Company * OM & Q3 of FY 23-24 Results
Slide 26: 9M 23-24 Operational Highlights
9M 23-24 Operational Highlights Strong performance on all fronts Scripting a new record, CIL achieved highest ever 9M Coal Production , Offtake & OBR during 9M of FY 23-24 Production Offtake OBR (Raw coal) (Raw coal) 531.90 million tonnes 552.03 million tonnes 1,404.85 Million CuM (479.04 million to
Slide 27: 9M 23-24 Financial Highlights
9M 23-24 Financial Highlights Highest ever 9M Profit , Revenue from Operations & Net Sales in 9M 23-24. Sales (Net) EBITDA* PBT INR 96,062 crores INR 32,451 crores INR 31,937 crores (INR 92,466 crores in 9M 22-23) (INR 31,998 crores in 9M 22-23) (INR 30,359 crores in 9M 22-23) EPS EBITDA margin CAPE
Slide 28: Q3 FY 23-24 Financial Highlights
Q3 FY 23-24 Financial Highlights Highest ever Q3 Profit , Revenue from Operations & Net Sales in Q3 23-24. Sales (Net) EBITDA* PBT INR 33,011 crores INR 12,325 crores INR 12,375 crores (INR 32,429 crores in Q3 22-23) (INR 11,111 crores in Q3 22-23) (INR 10,594 crores in Q3 22-23) EPS EBITDA margin C
Slide 29: Consolidated Statement of Sales
Consolidated Statement of Sales 9M FY 23-24 9M FY 22-23 Quantity Net sales Avg. realization Quantity Net sales Avg. realization Particulars (million tonnes) (INR crores) (INR per tonne) (million tonnes) (INR crores) (INR per tonne) FSA 494.46 75,972.36 1,536.46 453.26 65,600.59 1,447.29 E-Auction 47
Slide 30: Consolidated Financial Performance – Statement of Profit & Loss
Consolidated Financial Performance – Statement of Profit & Loss Particulars 9M FY 23-24 9M FY 22-23 % change (in INR crore) Revenue from operations (Net of Levies) 1,04,913.59 1,00,099.57 4.81% Other income 5,724.97 4,340.64 31.89% Total income 1,10,638.56 1,04,440.21 5.93% Cost of materials consume
Slide 31: Consolidated Financial Performance – Balance Sheet (Assets)
Consolidated Financial Performance – Balance Sheet Particulars As at 31.12.2023 As at 31.03.2023 % change (in INR crore) Assets Non current assets Property, Plant & Equipment 47,434.98 44,447.97 6.72% Capital Work in Progress 17,533.17 15,262.62 14.88% Exploration and Evaluation assets 5,142.71 4,92
Slide 32: Consolidated Financial Performance – Balance Sheet (Equity and Liabilities)
Consolidated Financial Performance – Balance Sheet Particulars (in INR crore) As at 31.12.2023 As at 31.03.2023 % change Equities and liabilities Equity Equity share capital 6,162.73 6,162.73 -- Other equity 63,116.96 51,082.16 23.56% Equity attributable to equity holders 69,279.69 57,244.89 21.02%
Slide 33: Peek into Our ESG Initiatives
PEEK INTO OUR ESG INITIATIVES 32
Slide 34: ESG – Committed to continuous improvement
ESG – Committed to continuous improvement Environment initiatives Social initiatives Governance initiatives • Coal evacuation and FMC projects will help • Risk assessment based Safety Management Plan (SMP) have been prepared in mines. • With an objective of becoming an efficient and reduce air pollu
Slide 35: Environmental Highlights
Environmental Highlights In FY 2022-23, out of discharged 2691 Lakh KL mine water has 5,974.6 Lakh KL, 92.44% water was been shared for community use utilized for own use and community in 2022-23. In 9M of 2023-24, use and remaining 7.56% is retained 2096.8 Lakh KL water has been for future use and
Slide 36: Social and CSR Initiatives
Social and CSR Initiatives Social Highlights CSR Goals Good Health & Decent work & Female employees working in CIL and 19,397 its Subsidiary companies Well Being Clean Water & Economic growth No Poverty Sanitation Remuneration at CIL for Women & Reduce 1:1 Men, focusing on gender equality Gender Equ
Slide 37: Committed to a Cleaner Environment
Committed to a Cleaner Environment Production of Coal by Surface Miners Rail and Road share of Coal Transportation Total Production by Surface Miner Total production from Open cast Mines Rail Road 597 678 570 437 500 416 600 513 Million Tonnes Million Tonnes 347 345 500 400 378 280 313 400 298 300 3
Slide 38: Biodiversity Management and Occupational Health & Safety
Biodiversity Management and Occupational Health & Safety TOTAL PLANTATION AREA OF CIL IN • CIL has carried out plantation over 2298.01 Ha during 9M of HA. 2023-24 against the target of 1820 Ha land area. • During 2018-19 to 2022-23, CIL planted 110.74 Lakh no. of saplings over an area of more than 4
Slide 39: Corporate Social Responsibility – Major activities in FY 23-24
Corporate Social Responsibility – Major activities being implemented in FY 23-24 Skill Development and Livelihood Enhancement for 8,000 beneficiaries Construction of 5,000 seater library at Ranchi Reconstruction of pilgrim accommodation blocks in Kedarnath, Uttarakhand Centralized kitchen for provid
Slide 40: Notable CSR Initiatives in recent years
Notable CSR Initiatives in recent years MCL has constructed Mahanadi Institute of Medical Sciences & Research (MIMSR) at Talcher, Angul district, Odisha which is a 500 bedded hospital cum 100 seater medical college. The hospital has been dedicated to the nation on 8th Dec. 2023 by Hon’ble CM of Odis
Slide 41: Notable CSR Initiatives in recent years (Contd…)
Notable CSR Initiatives in recent years (Contd…) CIL is supporting 29 aspirational districts under the ‘Transformation of Aspirational Districts’ programme. During the last 5 FY, a total of Rs. 644 cr. have been spent in these districts under CSR. 3 districts (Sonbhadra (UP), Simdega and Ranchi (bot
Slide 42: Notable CSR Initiatives in recent years (Contd…)
Notable CSR Initiatives in recent years (Contd…) Thalassemia Bal Sewa Yojana (TBSY) is a first of its kind CSR project under which CIL has joined hands with 11 major hospitals of the nation under the guiding framework of Ministry of Health & Family Welfare, Govt. of India to provide ₹ 10 lakh per BM
Slide 43: Initiatives to mitigate COVID-19
Initiatives to mitigate COVID – 19 • CIL and subsidiaries have spent Rs. 734 cr. in total on COVID-19 relief during FY 19-20 to FY 21-22 • CIL had contributed Rs. 221 crores to PM-CARES fund for supporting COVID-19 relief measures. • In addition, Rs. 90 crores in total have been contributed to the d
Slide 44: Environmental Highlights
ENVIRONMENTAL HIGHLIGHTS Eco-Park in Bina, NCL Solar Park Nigahi, NCL 43
Slide 45: Environmental Highlights
Environmental Highlights CIL undertook extensive plantation along avenues, on OB dumps, around mines & residential colonies to maintain the ecological balance in & around its operations. BCCL, CCL, MCL, NCL have developed Miyawaki forest in their command area covering 1.7 Ha, 1.5 Ha, 6 Ha and 3.2 Ha
Slide 46: Thank You
THANK YOU