Slide 1: Cover letter to stock exchanges
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Slide 2: Q4 and Full Year FY2021 Earnings Presentation
NSE: GRAPHITE, BSE: 509488 Q4 and Full Year FY2021 Earnings Presentation June 28th, 2021
Slide 3: Discussion Agenda
Discussion Agenda Executive Summary_______________________________________ 3-4 Chairman’s Message______________________________________ 5 Steel Industry Overview___________________________________ 6-7 Graphite Electrode Industry Overview________________________ 8 Financial Performance_______________
Slide 4: Executive Summary - Consolidated
Executive Summary - Consolidated Q4 and Full Year FY2021 Consolidated Financial Performance o Net Sales of Rs. 1,958 Crores, a decline of 37% y-o-y o Gross Debt of Rs. 223 Crores o EBITDA excluding one time income and expense is Rs. FY2021 90 Crores as compared to Rs. 95 Crores in FY20 o Cash (Net o
Slide 5: Executive Summary - Standalone
Executive Summary - Standalone Q4 and Full Year FY2021 Standalone Financial Performance o Net Sales of Rs. 563 Crores, an increase of 24% q-o-q o Net Sales of Rs. 1,839 Crores, a decline of 36% y-o-y o EBITDA excluding one time income and expense is o EBITDA excluding one time income and expense is
Slide 6: Chairman's Message
Chairman’s Message “During FY2021, Graphite India registered Net Sales of Rs. 1,958 Cr, EBITDA* of Rs. 90 Cr and Net Loss of Rs. 32 Cr. The capacity utilization during the year was 58% as compared to 55% in FY2020. Standalone Net Sales were Rs. 1,839 Cr, EBITDA* of Rs. 301 Cr and Net Profit of Rs. 1
Slide 7: Steel Industry Overview
Steel Industry Overview Crude Steel Production Three Months Ended Year Ended (million MT) Mar-21 Mar-20 Y-o-Y (%) Dec-20 Q-o-Q (%) Dec-20 Dec-19 Y-o-Y (%) Asia and Oceania 356.9 315.3 13.2% 355.1 0.5% 1,357.2 1,336.5 1.5% India 29.6 26.8 10.4% 28.1 5.3% 99.6 111.4 (10.6)% China 271.0 234.4 15.6% 271
Slide 8: Steel Industry Outlook and Dynamics
Steel Industry Outlook and Dynamics ▪ As per World Steel Association (WSA) Global crude steel production was 486.9 Mt in Q1 CY2021, an increase of 10.0% y-o-y and 1.2% on q-o-q basis. Global crude steel production excluding China registered an increase of 3.6% and 2.9% on y-o-y and q-o-q basis respe
Slide 9: Graphite Electrode Industry
Graphite Electrode Industry ▪ Since 2016 China has closed about 300 million tonnes of outdated and highly polluting steel production capacity but around 908 million tonnes still remain. Such closures are being replaced by environment friendly electric arc furnaces (EAF’s) ▪ As per S&P Platts estimat
Slide 10: Consolidated Financial Performance
Consolidated Financial Performance Q4 y-o-y Q3 q-o-q Year Ended y-o-y Growth Growth Growth (Rs. Crore) FY2021 FY2020 FY2021 FY2021 FY2020 Comments (%) (%) (%) Net Sales 565 602 (6%) 499 13% 1,958 3,094 (37%) (Excluding Other Income) On a Y-o-Y basis sales was Other Income 56 23 143% 142 (61%) 316 17
Slide 11: Standalone Financial Performance
Standalone Financial Performance Q4 y-o-y Q3 q-o-q Year Ended y-o-y Growth Growth Growth (Rs. Crore) FY2021 FY2020 FY2021 FY2021 FY2020 Comments (%) (%) (%) Net Sales 563 548 3% 453 24% 1,839 2,875 (36%) (Excluding Other Income) On a Y-o-Y basis sales was Other Income 53 18 194% 139 (62%) 306 157 95
Slide 12: Annual Performance Trends
Annual Performance Trends Consolidated Standalone 6,737 7,858 Net Sales 2,983 2,875 3,291 3,094 1,839 1,958 FY18 FY19 FY20 FY21 FY18 FY19 FY20 FY21 65% Operating Profit 67% 48% 5,233 4,403 47% 18% 2% 1,533 95 111 1,441 6% 62 322 3% FY18 FY19 FY20 FY21 FY18 FY19 FY20 FY21 43% 42% 3,396 Net Profit 31%
Slide 13: Quarter Performance Trends
Quarter Performance Trends Consolidated Net Sales Standalone Net Sales 602 548 563 565 499 453 Q4FY20 Q3FY21 Q4FY21 Q4FY20 Q3FY21 Q4FY21 Consolidated Operating Profit / (Loss) Standalone Operating Profit / (Loss) 181 134 30% 7% 134 32% 68 24% 14% 39 (3) Q4FY20 Q3FY21 Q4FY21 Q4FY20 Q3FY21 Q4FY21 Note
Slide 14: Quarter Performance Trends
Quarter Performance Trends Consolidated Net Profit / (Loss) Standalone Net Profit / (Loss) 114 64 93 21% 20% 11% 23 25 5% 5% (7) Q4FY20 Q3FY21 Q4FY21 Q4FY20 Q3FY21 Q4FY21 Consolidated Capacity Utilization Standalone Capacity Utilization 85% 73% 78% 65% 49% 41% Q4FY20 Q3FY21 Q4FY21 Q4FY20 Q3FY21 Q4FY
Slide 15: Leverage Profile
Leverage Profile Significant financial flexibility available for future organic and inorganic growth Consolidated Leverage Profile Standalone Leverage Profile (Rs. Crore) Mar-21 Dec-20 Sep-20 June-20 Mar-20 (Rs. Crore) Mar- 21 Dec- 20 Sep- 20 June- 20 Mar- 20 Cash & Cash Cash & Cash 2,957 2,839 2,72
Slide 16: Annual Segment Performance
Annual Segment Performance Consolidated Segment Performance Standalone Segment Performance Full Year y-o-y Full Year y-o-y (Rs. Crore) FY2021 FY2020 Growth (%) (Rs. Crore) FY2021 FY2020 Growth (%) Graphite and Carbon 1,813 2,995 (39)% Graphite and Carbon 1,719 2,780 (38)% Others 145 99 46% Others 12
Slide 17: Quarterly Segment Performance
Quarterly Segment Performance Consolidated Segment Performance Standalone Segment Performance Q4 y-o-y Q3 q-o-q Q4 y-o-y Q3 q-o-q Growth Growth Growth Growth (Rs. Crore) FY2021 FY2020 FY2021 (Rs. Crore) FY2021 FY2020 FY2021 (%) (%) (%) (%) Graphite and Carbon 527 577 (9)% 469 12% Graphite and Carbon
Slide 18: Graphite India - At a Glance
Graphite India - At a Glance Company Background Industry Graphite India is the largest Indian producer The Company’s strategy is to become further Graphite electrodes are used in electric arc furnace (“EAF”) of graphite electrodes and one of the largest vertically integrated, continue its penetratio
Slide 19: Disclaimer
Disclaimer This presentation contains statements that contain “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to Graphite India’s future business developments and economic performance. W