Graphite India Limited · NSE:GRAPHITE
Graphite India — Q1 FY2023 Earnings Presentation
16 slides from Graphite India's earnings presentation, Aug 5, 2022
Slide 1: Exchange filing cover letter
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Slide 2: Q1 FY2023 Earnings Presentation
NSE: GRAPHITE, BSE: 509488 Q1 FY2023 Earnings Presentation August 5, 2022
Slide 3: Discussion Agenda
Discussion Agenda Executive Summary_______________________________________ 3 Chairman’s Message______________________________________ 4 Steel Industry Overview___________________________________ 5 Graphite Electrode Industry Overview________________________ 7 Financial Performance___________________
Slide 4: Executive Summary
Executive Summary Q1 FY2023 Financial Performance o Net Sales of Rs. 866 Crores, an increase of 42% y-o-y o Net Sales of Rs. 798 Crores, an increase of 47% y-o-y and 3% q-o-q and 4% q-o-q Q1 FY2023 o EBITDA excluding one time charge is Rs. 134 Crores Q1 FY2023 o EBITDA excluding one time charge is R
Slide 5: Chairman’s Message
Chairman’s Message “In Q1 FY2023, Graphite India registered a Consolidated Net sales of Rs. 866 Cr, growth of 42% y-o-y and modest growth of 3% on a sequential basis. EBITDA before one time charge was Rs. 134 Cr and Net Profit was Rs. 24 Cr. The capacity utilization during the quarter was 71% as com
Slide 6: Steel Industry Overview
Steel Industry Overview Crude Steel Production Three Months Ended Year Ended (million MT) June-22 June-21 Y-o-Y (%) Mar-22 Q-o-Q (%) 6M 2022 6M 2021 Y-o-Y (%) Asia and Oceania 367.0 378.1 (2.9)% 331.3 10.8% 701.4 736.8 (4.8)% India 30.7 28.0 9.8% 31.9 (3.8)% 63.2 58.1 8.8% China 280.1 291.8 (4.0)% 2
Slide 7: Steel Industry Outlook and Dynamics
Steel Industry Outlook and Dynamics ▪ As per World Steel Association (WSA) Global crude steel production decreased by 5.5% to 949.5 Mt in H1 CY2022 compared to 1,004.6 Mt in H1 CY2021. In Q2 CY2022, steel production declined by 4.8% y-o-y ▪ In Q2 CY2022 Global crude steel production excluding China
Slide 8: Graphite Electrode Industry
Graphite Electrode Industry ▪ As per S&P Platts, In 2021, China has approved the construction of 43 new EAFs with a total crude steel capacity of 29 million mt/year through capacity swaps, while in 2020, only about 10 million mt/year of new EAFs got construction approvals ▪ The new EAF capacities ar
Slide 9: Consolidated Financial Performance
Consolidated Financial Performance Q1 y-o-y Q4 q-o-q Year Ended y-o-y Growth Growth Growth (Rs. Crore) FY2023 FY2022 FY2022 FY2022 FY2021 Comments (%) (%) (%) Net Sales 866 610 42% 844 3% 3,026 1,958 55% (Excluding Other Income) Y-o-Y Sales growth was Other Income 31 78 (60%) 71 (56%) 294 316 (7%) d
Slide 10: Standalone Financial Performance
Standalone Financial Performance Q1 y-o-y Q4 q-o-q Year Ended y-o-y Growth Growth Growth (Rs. Crore) FY2023 FY2022 FY2022 FY2022 FY2021 Comments (%) (%) (%) Net Sales 798 543 47% 767 4% 2,799 1,839 52% (Excluding Other Income) Y-o-Y Sales growth was Other Income 22 76 (71%) 74 (70%) 279 306 (9%) dri
Slide 11: Quarter Performance Trends
Quarter Performance Trends Consolidated Net Sales Standalone Net Sales 844 866 798 767 610 543 Q1FY22 Q4FY22 Q1FY23 Q1FY22 Q4FY22 Q1FY23 Consolidated Operating Profit / (Loss) Standalone Operating Profit / (Loss) 219 212 181 159 36% 97 59 39% 19% 12% 7% 24% Q1FY22 Q4FY22 Q1FY23 Q1FY22 Q4FY22 Q1FY23
Slide 12: Quarter Performance Trends
Quarter Performance Trends Consolidated Net Profit / (Loss) Standalone Net Profit / (Loss) 150 157 25% 29% 122 95 63 16% 11% 24 3% 8% Q1FY22 Q4FY22 Q1FY23 Q1FY22 Q4FY22 Q1FY23 Consolidated Capacity Utilization Standalone Capacity Utilization 90% 92% 77% 76% 80% 71% Q1FY22 Q4FY22 Q1FY23 Q1FY22 Q4FY22
Slide 13: Leverage Profile
Leverage Profile Significant financial flexibility available for future organic and inorganic growth Consolidated Leverage Profile Standalone Leverage Profile (Rs. Crore) June-22 Mar-22 Dec-21 Sep-21 June-21 (Rs. Crore) June- 22 Mar- 22 Dec- 21 Sep- 21 June- 21 Cash & Cash Cash & Cash 2,667 2,774 2,
Slide 14: Quarterly Segment Performance
Quarterly Segment Performance Consolidated Segment Performance Standalone Segment Performance Q1 y-o-y Q4 q-o-q Q1 y-o-y Q4 q-o-q Growth Growth Growth Growth (Rs. Crore) FY2023 FY2022 FY2022 (Rs. Crore) FY2023 FY2022 FY2022 (%) (%) (%) (%) Graphite and Carbon 798 549 45% 790 1% Graphite and Carbon 7
Slide 15: 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 16: 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