Gravita India Limited · NSE:GRAVITA
Gravita India — H1 FY2021 Earnings Presentation
21 slides from Gravita India's earnings presentation, Nov 10, 2020
Slide 1: Regulation 30 intimation letter to stock exchanges
GRAVITA INDIA LTD. ~~ GRAVITA Corp. Office : 402.Gravita Tower. A-27 B. Shanti Path Tilak Nagar. Jaipur-302 004. Rajasthan (INDIA) Phone : +91-141-2623266. 2622697 Fax : +91-141-2621491 E.mail : info@gravitOtindia.com Web. : www.gravitaindia .com CIN : l29308RJI992PLC006870 10 1h November 2020 GIL/2
Slide 2: Earnings Presentation H1/Q2-FY21
EARNINGS PRESENTATION H1/Q2-FY21
Slide 3: Executive Summary
Executive Summary • Incorporated in 1992, Gravita India Ltd. (Gravita) is engaged in the recycling of Used Lead Acid Batteries, Cable Scrap / other Lead Scrap, Aluminum Scrap and Plastic Scrap, etc. • Gravita has 13 strategically located recycling facilities in Asia, Africa, and Central America with
Slide 4: Company Overview
COMPANY OVERVIEW
Slide 5: Company Overview
Company Overview CONSOLIDATED REVENUES (INR Mn) AND EBITDA MARGINS (%) • Gravita India Ltd. (Gravita) is a leading global non-ferrous secondary metal and 8.62% one of India’s largest secondary Lead metal producing companies. 8.05% 7.23% • A vertically integrated business, economies of scale, and a d
Slide 6: Geographical Presence
Geographical Presence Head Quarters India (Jaipur, RJ) EXISTING FACILITIES Americas UPCOMING FACILITIES • Nicaragua (Managua) • Jamaica (Kingston) Asia • Costa Rica (San Jose) • India (Jaipur, Rajasthan) • Dominican Republic (San • India (SEZ, Jaipur, Rajasthan) Domingo) Africa • India Chittoor (And
Slide 7: Scrap Collection
Scrap Collection OVERVIEW The main raw materials used for production includes Used Lead Acid Batteries (ULAB), Other Lead Scrap, Aluminium Scrap, and Plastic Scrap. The company collects scrap from more than 20 countries including own scrap collection centers in more than 10 countries. These ra
Slide 8: H1/Q2-FY21 Financials Highlights
H1/Q2-FY21 FINANCIALS S HIGHLIGHTS We Recycle to Save Environment (7) 7
Slide 9: H1/Q2-FY21 Financial Highlights
H1/Q2-FY21 Financial Highlights Q2-FY21 Financial Highlights (Consolidated) Q2-FY21 Financial Highlights (Standalone) • Operational Revenue : INR 3,394 Mn • Operational Revenue : INR 2,898 Mn • EBITDA : INR 242 Mn; Adjusted EBITDA: INR 313 Mn* • EBITDA : INR 124 Mn; Adjusted EBITDA: INR 192 Mn* •
Slide 10: Q2-FY21 Consolidated Financial Performance
Q2-FY21 Consolidated Financial Performance Revenues (INR Mn) EBITDA (INR Mn) and EBITDA Margin (%) 242 3,394 206 3,277 7.13% 6.29% Q2-FY20 Q2-FY21 Q2-FY20 Q2-FY21 PAT (INR Mn) and PAT Margin (%) Capacity Utilisations (%) 71% 67% 127 39% 74 32% 3.74% 34% 23% 2.26% Q2-FY20 Q2-FY21 Q2-FY20 Q2-FY21 Lead
Slide 11: Q2-FY21 Segmental Performance
Q2-FY21 Segmental Performance Lead Aluminium Plastics 19,628 19,707 Volumes (MT) 2,074 4,144 1,699 2,832 Q2-FY20 Q2-FY21 Q2-FY20 Q2-FY21 Q2-FY20 Q2-FY21 Lead Aluminium Plastics Revenues (INR Mn) 2,970 240 200 160 140 2,940 Q2-FY20 Q2-FY21 Q2-FY20 Q2-FY21 Q2-FY20 Q2-FY21 We Recycle to Save Environmen
Slide 12: Q2-FY21 Operational Highlights
Q2-FY21 Operational Highlights Lead • Scrap mix of Lead changed by 36% from Re-melted Lead/Other scraps to Battery scrap, which improved margins. • International scrap prices reduced by 6% from the average LME prices on a YoY basis, this may not be sustainable. • Lead Value added products witnessed
Slide 13: Q2-FY21 Consolidated Income Statement (IND-AS)
Q2-FY21 Consolidated Income Statement (IND-AS) Particulars (INR Mn) Q2-FY21 Q1-FY21 Q-o-Q Q2-FY20 Y-o-Y Operational Income 3,394 2,584 31.3% 3,277 3.6% Total Expenses 3,152 2,458 28.2% 3,071 2.6% EBITDA 242 126 92.1% 206 17.5% EBITDA Margin (%) 7.13% 4.88% 225 Bps 6.29% 84 Bps Depreciation 52 51 2.0
Slide 14: H1-FY21 Consolidated Income Statement (IND-AS)
H1-FY21 Consolidated Income Statement (IND-AS) Particulars (INR Mn) H1-FY21 H1-FY20 Y-o-Y Operational Income 5,978 5,920 1.0% Total Expenses 5,609 5,564 0.8% EBITDA 369 356 3.7% EBITDA Margin (%) 6.17% 6.01% 16 Bps Depreciation 103 87 18.4% Finance Cost 138 139 (0.7)% Other Income 138 7 NA PBT 266 1
Slide 15: Historical Financials Overview
HISTORICAL FINANCIAL S OVERVIEW We Recycle to Save Environment (12) 12
Slide 16: Consolidated Income Statement
Consolidated Income Statement Particulars (INR Mn) FY18 FY19 FY20 H1-FY21 Operational Income 10,295 12,417 13,478 5,978 Total Expenses 9,408 11,830 12,504 5,609 EBITDA 887 587 974 369 EBITDA Margin (%) 8.62% 4.73% 7.23% 6.17% Depreciation 87 116 181 103 Finance Cost 174 230 282 138 Other Income 16 5
Slide 17: Consolidated Balance Sheet
Consolidated Balance Sheet EQUITIES & LIABILITIES (INR Mn) FY19 FY20 H1-FY21 ASSETS (INR Mn) FY19 FY20 H1-FY21 Shareholder Funds 2,040 2,304 2,436 Non-current Assets 2,029 2,039 1,914 (A) Share Capital 137 138 138 (A) Property, Plant and Equipment 1,356 1,687 1,649 (B) Other Equity 1,856 2,114 2,233
Slide 18: Standalone Income Statement (IND-AS)
Standalone Income Statement (IND-AS) Particulars (INR Mn) FY18 FY19 FY20 H1-FY21 Operational Income 7,966 10,594 11,724 5,102 Total Expenses 7,407 10,198 11,101 4,925 EBITDA 559 396 623 177 EBITDA Margin (%) 7.02% 3.74% 5.31% 3.47% Depreciation 49 68 86 42 Finance Cost 160 208 245 116 Other Income 1
Slide 19: Standalone Balance Sheet
Standalone Balance Sheet EQUITIES & LIABILITIES (INR Mn) FY19 FY20 H1-FY21 ASSETS (INR Mn) FY19 FY20 H1-FY21 Shareholder Funds 1,494 1,641 1,746 Non-current Assets 1,419 1,401 1,415 (A) Share Capital 137 138 138 (A) Property, Plant and Equipment 1,062 1,089 1,084 (B) Other Equity 1,357 1,503 1,608 (
Slide 20: Historical Financial Highlights (Consolidated)
Historical Financial Highlights (Consolidated) Operational Revenue (INR Mn) EBITDA (INR Mn) & EBITDA Margin (%) 13,478 12,417 8.05% 8.62% 10,295 7.23% 6,881 4.73% 554 887 974 587 FY17 FY18 FY19 FY20 FY17 FY18 FY19 FY20 EBITDA EBITDA MARGIN (%) PAT (INR Mn) & PAT Margin (%) 476 RoE & RoCE (%) 5.09% 3
Slide 21: Disclaimer
Disclaimer Gravita India Limited No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness, or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events