Newmalayalam Steel Limited · NSE:NMSTEEL
Newmalayalam Steel — H1 FY26 Earnings Presentation
29 slides from Newmalayalam Steel's earnings presentation, November 2025
Slide 1: Newmalayalam Steel Limited Investor Presentation - November 2025
NEWMALAYALAM STEEL LIMITED Investor Presentation - November 2025
Slide 2: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Newmalayalam Steel Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any sec
Slide 3: Company Overview
Company Overview
Slide 4: NewMalayalam Steel At a Glance
NewMalayalam Steel At a Glance 23+ Years 72,000 MTPA Of Market Goodwill Legacy brand Manufacturing Capacity 150 150+ 67% Number of Employees Dealers Network Capacity Utilization ISO 9001:2015 23% 15% of electricity met via Market Share of GP Pipes & Certified in-house solar Tubes in Kerala Investor
Slide 5: About Us
About Us ▪ NewMalayalam Steel Limited is a fast-growing manufacturer of Galvanised pipes, tubes, and sheets, catering to Kerala’s construction and roofing sectors. ▪ Based in Thrissur, Kerala, the company operates a modern facility with 3 ERW tube mills and a total capacity of 72,000 MT. ▪ The compa
Slide 6: Our Expansive Product Portfolio
Our Expansive Product Portfolio These Products find extensive use in Kerala homes for roofing applications due to their heat-reducing and leak-resistant properties Galvanised Plain Galvanised Plain Galvanised Coils Galvanised Iron Galvanised Pipes Sheets Pipes Slitted Coils Galvanised pipes are Galv
Slide 7: Demac Steel: Our Broad Pipe Range
Demac Steel: Our Broad Pipe Range Under the Demac Steel brand, the company delivers a wide spectrum of galvanised Square, Rectangular and Round pipes built to YST 210 and IS specifications, suited for versatile construction and everyday structural use Demac Steel pipes are widely used across: Square
Slide 8: Strategic Locational Advantage – Future Export Opportunities
Strategic Locational Advantage – Future Export Opportunities India Integrated Manufacturing Strategic Location Advantage • Plant located in Thrissur, Kerala • 72,000 MTPA integrated multi- - central access point to dealer product manufacturing facility network across the state. under one roof. • Coc
Slide 9: Leadership Team
Leadership Team Vazhappily Davis Mahendra Divyakumar Cyriac Molly Varghese Kumar Jain Jain Varghese Varghese Promoter and Chairman and Promoter and Whole-time Whole-time Managing Director Executive Director Executive Director Director Director 9+ Years Of 30+ Years Of 10+ Years Of 9+ Years Of 9+ Yea
Slide 10: Certifications & Awards
Certifications & Awards National Award State Award for one of the Best Company Council of State Industrial Development and Kerala Financial Investment Corporation of Corporation. India (COSIDICI) Investor Presentation – H1FY26 10
Slide 11: Industry Overview
Industry Overview
Slide 12: India's Steel Market: Expanding Demand, Regional Strength
India’s Steel Market: Expanding Demand, Regional Strength India is the second-largest steel producer globally, after China India Crude Steel Production Growth (MT) Southern India Steel Demand Landscape ✓ South India contributes ~25–28% of national steel consumption 192 ✓ Major demand hubs: Kerala, T
Slide 13: Galvanised Steel Boom: NMSL's Next Growth Frontier
Galvanised Steel Boom: NMSL’s Next Growth Frontier Galvanised Steel Market – Segment Trends Industry Outlook & Opportunity for NMSL ➢ Indian Galvanised steel market size FY25: ~₹52,000 crore; CAGR 8–9% ➢ Rising infrastructure & housing spend with ₹11.1 lakh crore budgeted for FY26 capex ➢ Driven by
Slide 14: Strategic Overview
Strategic Overview
Slide 15: Key Business Strategies
Key Business Strategies Capacity Expansion 01 Enhancing manufacturing capacity and infrastructure to meet rising product demand and achieve Brand & Market Expansion economies of scale. Investing in brand visibility and awareness to 02 strengthen recall and capture greater market share. Marketing Net
Slide 16: Strength That Shapes Our Success
Strength That Shapes Our Success Strong Distribution Experienced Network Leadership Team Extensive dealer base and Proven management with retail presence ensuring deep industry expertise market reach, efficient driving growth and supply chain, and execution excellence. customer trust. Diversified Pr
Slide 17: Half Yearly Financial Overview
Half Yearly Financial Overview
Slide 18: Half Yearly Performance Highlights
Half Yearly Performance Highlights Revenue EBITDA PAT Margin Profile +8.20% +583.17% +638.39% EBITDA 16,224.2 3.76% 421.7 609.7 +316 bps H-o-H 14,995.0 PAT 2.60% 89.2 +312 bps H2 FY25 H1 FY26 H-o-H H2 FY25 H1 FY26 H2 FY25 H1 FY26 -78.3 Investor Presentation – H1FY26 18
Slide 19: Income Statement
Income Statement Particulars (INR Lacs) H1 FY26 H1 FY25 Y-o-Y H2FY25 H-o-H Revenue from Operations 16,224.2 15,421.4 5.21% 14,995.0 8.20% Cost of Materials Consumed 15,288.4 12,148.1 14,332.7 Purchase of stock in trade 22.8 74.9 68.7 Change in Inventories of finished goods -107.1 2,142.7 216.2 Emplo
Slide 20: Balance Sheet
Balance Sheet Assets (INR Lacs) Sep-25 Mar-25 Equity And Liabilities ( (INR Crs) Sep-25 Mar-25 Non ‐ Current Assets Shareholder's Fund Property, plant and equipment - - (a) Equity share capital 1,728.8 1,728.8 Fixed Assets (b) Other equity 6,527.2 6,105.5 Total Equity 8,256.0 7,834.3 (i) Tangible As
Slide 21: Cashflow Statement
Cashflow Statement Particulars (INR Lacs) Sep-25 Mar-25 Cash Flow from Operating Activities Profit before Tax 576.7 601.6 Adjustment for Non-Operating Items 33.7 411.8 Operating Profit before Working Capital Changes 610.4 1,013.5 Changes in Working Capital -1,511.4 1,678.7 Cash Generated/Used from O
Slide 22: Historical Financial Overview
Historical Financial Overview
Slide 23: Key Financial Metrics
Key Financial Metrics Revenue (INR Lacs) EBITDA (INR Lacs) PAT (INR Lacs) 35,479.8 708.0 744.4 600.5 688.5 30,016.1 30,416.4 609.7 426.8 441.0 421.7 16,224.2 FY23 FY24 FY25 H1 FY26 FY23 FY24 FY25 H1 FY26 FY23 FY24 FY25 H1 FY26 EBITDA MARGIN (%) PAT Margin (%) Debt-to-Equity 2.6% 1.46 3.8% 1.5% 2.3%
Slide 24: Historical Income Statement
Historical Income Statement Particulars (INR Lacs) FY23 FY24 FY25 H1 FY26 Revenue from Operations 35,479.8 30,016.1 30,416.4 16,224.2 Cost of Raw Materials 34,000.6 30,964.1 26,735.9 15,288.4 Purchase of stock-in-trade 263.2 143.6 22.8 Changes in Inventory 125.1 -2,536.7 2,358.9 -107.1 Employee Expe
Slide 25: Historical Balance Sheet
Historical Balance Sheet Assets (INR Lacs) Mar-23 Mar-24 Mar-25 Sept-25 Equity And Liabilities ( (INR Crs) Mar-23 Mar-24 Mar-25 Sept-25 Non ‐ Current Assets Shareholder's Fund Property, plant and equipment (a) Equity share capital 1,264.8 1,264.8 1,728.8 1,728.8 (b) Other equity 2,355.5 2,782.4 6,10
Slide 26: Historical Cashflow Statement
Historical Cashflow Statement Particulars (INR Lacs) Mar-23 Mar-24 Mar-25 Sept-25 Cash Flow from Operating Activities Profit before Tax 805.1 567.0 601.6 576.7 Adjustment for Non-Operating Items 420.0 399.5 411.8 33.7 Operating Profit before Working Capital Changes 1,225.1 966.5 1,013.5 610.4 Change
Slide 27: Way Ahead
Way Ahead
Slide 28: Way Ahead
Way Ahead Higher Capacity Utilization Location Advantage • Ramp up production from existing capacity • Central Kerala location supports faster without major capex. delivery and lower transport costs. • Improve operating efficiency to enhance • Strategic proximity to Cochin Port & Airport margins. im
Slide 29: Thank You
Thank You Company Investor Relations Partner Newmalayalam Steel Limited X-B4 Advisory LLP CIN: L27209KL2017PLC048762 Rasika Sawant / Aagam Shah Email ID: info@demacsteel.com Tel: +91 95944 57518 / +91 88501 66932 Tel: +91 70342 12002 Email ID: rasika@x-b4.com / aagam@x-b4.com Website: www.demacsteel