Slide 1: Exchange filing cover letter for earnings presentation
17th October, 2024 BSE Limited National Stock Exchange of India 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-400051 Ph.
Slide 2: Q2 & H1 FY25 Earnings Presentation
JINDAL STAINLESS LTD Q2 & H1 FY25 Earnings Presentation October 17, 2024
Slide 3: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which has been prepared by Jindal Stainless Limited (referred to “respective company (ies)”) for this joint earning presentation, are purely for information purposes only and is not, and is not intended to be, an offer, o
Slide 4: Standalone Operational and Financial Performance
Standalone Operational and 3 Financial Performance
Slide 5: Key Financials Highlights
Key Financials Highlights Sales Composition – Q2 FY25 Export 10% Sales Volume (‘000 MT*) 1,143 1,092 Domestic 90% 544 578 565 Sales Composition – H1 FY25 Export 10% Q2 FY24 Q1 FY25 Q2 FY25 H1 FY24 H1 FY25 Shift (%) QoQ: -2% YoY: 4% 5% Domestic 90% 4 *MT- Metric Ton
Slide 6: Key Financials Highlights
Key Financials Highlights Net Revenue EBITDA 2,188 19,748 2,011 19,331 9,746 1,070 1,004 1,007 9,720 9,585 Q2 FY24 Q1 FY25 Q2 FY25 H1 FY24 H1 FY25 Q2 FY24 Q1 FY25 Q2 FY25 H1 FY24 H1 FY25 Shift (%) QoQ: 2% YoY: 0% -2% Shift (%) QoQ: 0% YoY: -6% -8% PAT 1,275 1,168 609 589 578 Q2 FY24 Q1 FY25 Q2 FY25
Slide 7: External Debt & Key Ratios
External Debt & Key Ratios As on As on As on Mar'23 Mar'24 Sep'24 Borrowings September March March (Standalone) 0.7 0.7 2024 2024 2023 0.6 Debt Long term debt 3351 3,203 3,012 0.2 0.2 0.2 Short term debt 852 593 477 Total Debt 4,203 3,796 3,489 Cash & Bank balances 1,622 1,378 898 Net Debt 2,580 2,4
Slide 8: JUSL Performance
JUSL Performance EBITDA Interest Cost 781 712 718 213 204 184 FY23 FY24 TTM* FY23 FY24 TTM* PAT 316 285 258 FY23 FY24 TTM* All figures in INR. crore unless stated otherwise 7 *TTM: Trailing Twelve Months as of 30th September 2024
Slide 9: Market Update
Market Update Railways – wagons, coaches metros Infrastructure • Healthy demand for railway coaches Process Industry • Renewed focus to use Stainless • Demand from railways expected to Steel in Infrastructure application will • Positive outlook owing to increased increase further with trial runs of
Slide 10: Key Raw Materials- Price trend
Key Raw Materials- Price trend Nickel (USD/MT) 25,983 22,308 20,401 17,288 18,413 16,589 16,259 Q4 FY23 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Note: Average quarterly prices; Source: LME Ferrochrome (INR/MT) 115,115 116,715 107,473 110,071 109,588 108,223 107,187 Q4 FY23 Q1 FY24 Q2 FY24 Q3
Slide 11: Q2 FY25 Earnings call
Q2 FY25 Earnings call CONCALL INVITE Investec Capital shall hold a Conference Call of Jindal Stainless Ltd. to discuss the Q2FY25 & H1FY25 Results on Friday, 18th October 2024 at 15:30 hrs IST Represented by Senior Management of Jindal Stainless Limited Diamond Pass registration link: Copy this Link
Slide 12: Annexure
Annexure 11
Slide 13: Abridged P&L Statement (Standalone)
Abridged P&L Statement (Standalone) QoQ YoY YoY Particular (Rs. crore) Q2FY25 Q1FY25 Q2FY24 H1FY25 H1FY24 Change (%) Change (%) Change (%) Revenue from operations 9,746 9,585 2% 9,720 0% 19,331 19,748 (2%) Total Expenditure 8,739 8,581 2% 8,651 1% 17,319 17,560 (1%) EBITDA 1,007 1,004 0% 1,070 (6%)
Slide 14: Abridged P&L Statement (Consolidated)
Abridged P&L Statement (Consolidated) QoQ YoY YoY Particular (Rs. crore) Q2FY25 Q1FY25 Q2FY24 H1FY25 H1FY24 Change (%) Change (%) Change (%) Revenue from operations 9,777 9,430 4% 9,797 (0%) 19,207 19,981 (4%) Total Expenditure 8,590 8,218 5% 8,566 0% 16,808 17,558 (4%) EBITDA 1,186 1,212 (2%) 1,231
Slide 15: Shareholding Pattern
Shareholding Pattern Floating Stock % FII 22.8% Promoters Other 60.5% 39.5% Retails & others 10.9% DII 5.9% 14 Shareholding pattern for the period ended 30th September 2024
Slide 16: Contact Us
Contact Us About Us: India’s leading stainless-steel manufacturer, Jindal Stainless, had a consolidated annual turnover of INR 38,562 crore (USD 4.7 billion) in FY24 and is ramping up its facilities to reach 4.2 million tonnes of annual melt capacity in FY27. It has 16 stainless steel manufacturing
Slide 17: Thank You
Thank You 16