Slide 1: Rain Industries Limited stock exchange cover letter
R IL RAIN INDUSTRIES LIMITED RIL/SEs/2022 February 25, 2022 The General Manager The Manager Department of Corporate Services Listing Department BSE Limited The National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Bandra Kurla Complex Dalai Street, Fort Bandra East Mumbai-400 001 Mumbai
Slide 2: Earnings Presentation – Q4 CY21
RAIN INDUSTRIES LIMITED Earnings Presentation – Q4 CY21 RAIN is a leading vertically integrated global producer of a diversified portfolio of products that are essential raw materials for staples of everyday life. We operate in three business segments: Carbon, Cement and Advanced Materials. Our Carb
Slide 3: Forward-Looking Statement
Forward-Looking Statement This presentation contains forward-looking statements based on management’s current expectations, estimates and projections. All statements that address expectations or projections about the future, including our statements addressing our expectations for segment volumes an
Slide 4: Fourth-Quarter Results
Fourth-Quarter Results Financial Highlights • Revenue from Operations was ₹ 40.26 billion and Adjusted EBITDA was ₹ 5.41 billion • Adjusted Net Profit After Tax was ₹ 0.94 billion and Adjusted Earnings Per Share was ₹ 2.81 • Capex of US$ 74 million for FY 2021, of which ~ US$ 17 million relates to e
Slide 5: Aluminium: Production, Price and Inventory Levels
Aluminium: Production, Price and Inventory Levels Primary Aluminium Production Growth in Thousand Metric Tonnes LME AL Inventory (Million MT) vis-à-vis LME AL Quote (000 US$ per MT) Not to Scale 2.50 3.0 2.00 2.5 LME Quote 1.50 2.0 1.00 1.5 0.50 1.0 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 O
Slide 6: Growing Demand, Increasing Realisations and Cost
Growing Demand, Increasing Realisations and Cost Carbon Volumes (MT 000) and Price ($/MT) Advanced Materials Volumes (MT 000) and Price ($/MT) 450 $815 $860 900 $1,548 $1,613 1,700 65 $1,427 $1,466 400 1,550 $728 800 $1,308 350 $648 55 $1,238 $1,229 1,400 $599 700 1,250 300 $579 $1,036 $1,090 $522 6
Slide 7: Strong Performance Despite Cost-Related Headwinds
Strong Performance Despite Cost-Related Headwinds (₹ in Billions) Revenue (excluding other operating income) Adjusted EBITDA Highlights in Q4 CY21 • Carbon segment revenue significantly improved supported by strong market quotations; margins increased due to effective management of raw material cost
Slide 8: Higher Carbon Revenues Driven by Pricing
Higher Carbon Revenues Driven by Pricing (₹ in Billions) *Includes Energy Revenue Volumes (MT in thousands) Revenue (excluding other operating income) Highlights in Q4 CY21 • CPC revenue increased primarily on account of higher prices due to higher raw material prices • Pitch revenue increased due t
Slide 9: Advanced Materials Results Impacted by Extraordinary Events
Advanced Materials Results Impacted by Extraordinary Events (₹ in Billions) Volumes (MT in thousands) Revenue (excluding other operating income) Highlights in Q4 CY21 • Revenue increase was primarily the result of higher prices and sale of HHCR products, increased demand due to market recovery and c
Slide 10: Higher Cement Revenues Driven by Volumes and Realisations
Higher Cement Revenues Driven by Volumes and Realisations (₹ in Billions) Volumes (MT in thousands) Revenue (excluding other operating income) Highlights in Q4 CY21 • Revenue from Cement business increased by 9.8% due to combination of higher volumes and increase in price realisation • Adjusted EBIT
Slide 11: Debt Summary
Debt Summary US$ in Millions Dec 2021 Dec 2020 Cash Inflows / Outflows during 2021 7.25% USD-denominated Senior Secured 546 550 Notes (due in April 2025) • Operating cash-flows Includes net working capital outflows of ₹ 11.01 billion (compared to inflows of ₹ Euro-denominated Senior Secured Term 3.0
Slide 12: Thank You
Thank You 11
Slide 13: Appendix
Appendix
Slide 14: Summary of Consolidated Income Statement
Summary of Consolidated Income Statement ₹ in Millions Particulars Q4 2021 Q4 2020 CY 2021 CY 2020 Net Revenue 39,660 26,201 143,697 103,962 Other Operating Income 601 201 1,571 685 Revenue from Operations 40,261 26,402 145,268 104,647 Reported EBITDA 5,468 7,776 25,291 21,012 Adjusted EBITDA 5,410
Slide 15: Reconciliation of EBITDA and PAT
Reconciliation of EBITDA and PAT ₹ in Millions Particulars Q4 2021 CY 2021 EBITDA PAT EBITDA PAT A. Reported 5,468 (970) 25,291 5,801 B. Adjustments: • Expenses towards strategic projects and other non- 466 466 540 540 recurring items • Repair and other costs incurred on account of hurricane 74 74 5
Slide 16: RAIN – Key Business Strengths
RAIN – Key Business Strengths • Three business segments (Carbon, Advanced Materials and Cement) • Global presence with 2.4 million tonnes p.a. calcination capacity, 1.0 million tonnes p.a. CPC blending capacity, 1.3 million tonnes p.a. coal tar distillation capacity, 0.6 million tonnes p.a. advanced