Slide 1: Exchange filing cover letter under Regulation 30
JINDAL STAI August 05, 2019 BSE Limited National Stock Exchange oflndia Ltd. Corporate Relationship Department, Exchange Plaza, 5th Floor, 1st Floor, New Trading Ring, Plot no. C/1, G Block Rotunda Building, P J Towers, Bandra-Kurla Complex, Bandra (E), Dalal Street, Fort, Mumbai - 400 001 Mumbai-40
Slide 2: Jindal Stainless Limited Q1 FY20 Earnings Presentation
JINDAL STAINLESS LIMITED Q1 FY20 Earnings Presentation August 5, 2019
Slide 3: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which has been prepared by Jindal Stainless Limited (the "Company"), has been prepared purely for information purposes only and is not, and is not intended to be, an offer, or solicitation of offer, or invitation or recom
Slide 4: Q1FY20 Results Overview
Q1FY20 Results Overview 3
Slide 5: Key Financials Highlights – Q1 FY20
Key Financials Highlights – Q1 FY20 Net Revenue from operations EBITDA 12,585 1,281 10,785 1,136 3,138 3,251 3,067 375 302 314 Q1 FY19 Q4 FY19 Q1 FY20 FY18 FY19 Q1 FY19 Q4 FY19 Q1 FY20 FY18 FY19 Shift (%) QoQ: (6%) YoY: (2%) 17% Shift (%) QoQ: 4% YoY: (16%) (11%) PAT 318 139 91 32 67 Q1 FY19 Q4 FY19
Slide 6: Key Operational Update – Q1 FY20
Key Operational Update – Q1 FY20 SMS Sales Volume (MT) 779 852 Thousands 217 225 222 Q1 FY19 Q4 FY19 Q1 FY20 FY18 FY19 Shift (%) QoQ: (1%) YoY: 2% 9% Sales Composition – Q1 FY20 Export 20% Domestic 80% 5 Note: Standalone financials
Slide 7: Key Raw Materials – Price Trend
Key Raw Materials – Price Trend Nickel (USD/MT) 14,470 13,276 13,239 12,369 12,258 11,573 11,463 Q3FY18 Q4FY18 Q1FY19 Q2FY19 Q3FY19 Q4FY19 Q1FY20 Note: Average quarterly prices; Source: LME Fe Chrome (INR/ton) 81,854 76,717 76,708 75,617 76,583 71,400 69,304 Q3FY18 Q4FY18 Q1FY19 Q2FY19 Q3FY19 Q4FY19
Slide 8: Q1 FY20 Financial and Operational Discussions (Standalone)
Q1 FY20 Financial and Operational Discussions (Standalone) Net Revenue stood at Rs. 3,067 crore down 2% Y-o-Y o Despite a challenging external trade environment, the sales volume grew by 2% Y-o-Y to 222,119 MT o Average blended realization for the period fell 5% Y-o-Y at Rs 138,067/ tonne primaril
Slide 9: Management Comment
Management Comment “Our performance in the first quarter indicates our strong financial position. The outlook for the business remains Commenting on positive with the outlay of significant investments by the the performance, government in the union budget for Railways and Mr. Abhyuday infrastructure
Slide 10: Abridged P&L Statement (Standalone)
Abridged P&L Statement (Standalone) YoY QoQ Particular (Rs. crore) Q1 FY20 Q1 FY19 Q4 FY19 Change (%) Change (%) Net Revenue from operations 3,067 3,138 (2%) 3,251 (6%) Total Expenditure 2,753 2,763 0% 2,949 (7%) EBITDA 314 375 (16%) 302 4% EBITDA / ton 14,127 17,287 (18%) 13,443 5% EBITDA margin (%
Slide 11: Abridged P&L Statement (Consolidated)
Abridged P&L Statement (Consolidated) YoY QoQ Particular (Rs. crore) Q1 FY20 Q1 FY19 Q4 FY19 Change (%) Change (%) Net Revenue from operations 3,263 3,365 (3%) 3,547 (8%) Total Expenditure 2,963 2,960 0% 3,243 (9%) EBITDA 300 405 (26%) 304 (1%) EBITDA margin (%) 9.2% 12.0% (284 bps) 8.6% 60 bps Othe
Slide 12: Comfortable Debt Position
Comfortable Debt Position Borrowings (Standalone) As on As on As on (Rs. crore) Jun.2019 Mar.2019 Mar.2018 Long term debt 2,006 2,050 2,457 Inter corporate loan from related party 900 900 900 OCRPS* 717 695 607 Net Debt/EBITDA Total Long term debt 3,623 3,645 3,963 Short term borrowing (less than 12
Slide 13: Key Financial Ratios (Standalone)
Key Financial Ratios (Standalone) Q1 FY20 FY19 FY18 EBITDA margin (%) 10.2% 9.0% 11.9% PAT Margin (%) 2.2% 1.1% 3.0% Net Debt to Equity 1.6 1.7 2.0 Net Debt to EBITDA 3.8 3.6 3.7 Return on Equity (%) 4.6% 5.8% 15.5% Return on Capital employed (%) 10.7% 12.0% 15.6% Note: 1) Q1 FY20 figures, except EB
Slide 14: About Us
About Us Jindal Stainless Ltd. (JSL) is amongst the leading stainless steel manufacturing companies in the world and India's largest stainless steel manufacturer. The Company operates an integrated stainless steel plant at Jajpur, Odisha. The complex has a total stainless steel Goutam Chakraborty /
Slide 15: Thank You
Thank You 14