Hindalco Industries Limited · NSE:HINDALCO

Hindalco Industries — Q4 FY2006 Earnings Presentation

80 slides from Hindalco Industries's earnings presentation, Apr 29, 2006

  1. Slide 1: Hindalco Industries Limited Performance Review 2005-06

    Hindalco Industries Limited Performance Review 2005-06 Investor Meet 29TH April 2006

  2. Slide 2: Q4 FY 2006 at a Glance

    Q4 FY 2006 at a Glance ‰ Highest ever turnover in any Q : Rs.3,657 Crores (US$819.86mn) 45% ‰ Highest ever EBIDTA in any Q : Rs.1,004Cores (US$225.08Mn) 45% ‰ Highest ever PAT : Rs.626.3 Crores (US$140.4Mn) 40% ‰ Aluminium production at 107,064 T 5% 18% ‰ Copper cathode Production at 66,748 T 2

  3. Slide 3: Backdrop; Developments & Highlights; Performance & Outlook; Financials

    Backdrop Significant Developments & Highlights Business Performance & Outlook Detailed Q4 & FY06 Financials

  4. Slide 4: Backdrop; Developments & Highlights; Performance & Outlook; Financials

    Backdrop Significant Developments & Highlights Business Performance & Outlook Detailed Q4 & FY06 Financials

  5. Slide 5: Backdrop: Global Macro Trends (FY05 to FY06)

    Backdrop : Global Macro Trends (FY05 to FY06) Alumina & Aluminium prices on a rise Healthy Tc/Rc and Strong copper prices 2,700 631 650 5,500 Copper ($/t) 60.00 600 5,103 2,500 Alumina ($/t) 5,000 51.3 50.00 550 2,429 4,500 2,300 500 40.00 4,000 2,100 450 3,500 30.00 30.8 400 3,000 1,900 20.00 350 2

  6. Slide 6: Backdrop: Domestic Macro Trends (FY05 & FY06)

    Backdrop : Domestic Macro Trends (FY05 & FY06) Al import duty Copper import duty 40% 40% 30% 30% 20% 20% 10.2% 10.2% 10% 7.7% 7.7% 10% 0% 0% FY01 FY02 FY03 FY04 FY05 FY06 FY07 FY01 FY02 FY03 FY04 FY05 FY06 FY07 Volatile exchange rate 46.50 46.32 INR/USD 46.00 45.73 45.50 45.00 44.50 44.49 44.00 43.5

  7. Slide 7: Backdrop; Developments & Highlights; Performance & Outlook; Financials

    Backdrop Significant Developments & Highlights Business Performance & Outlook Detailed Q4 & FY06 Financials

  8. Slide 8: Significant Strategic Developments During The Year

    Significant Strategic Developments During The Year ‰ Aluminium Growth plans ƒ Project implementation plans moving as per schedule ƒ Coal mines allotted to Aditya and Mahan (MP) projects ƒ Equity financing done through rights issue – Rs.2223 Crores ƒ Balance debt tied up for the first phase Rs.1500Cr

  9. Slide 9: Brownfield Expansions

    Brownfield Expansions Muri Alumina : Expansion of Alumina capacity from 110KTPA to 450KTPA ‰ All clearances received ‰ Major civil work completed ‰ Structural work in progress ‰ Piping and mechanical equipment erection to start in May 06 ‰ Expected commissioning date – Jan’07 Hirakud Smleter and Pow

  10. Slide 10: Greenfield Projects – Utkal Alumina

    Greenfield Projects – Utkal Alumina Utkal Alumina – 1.5 million tonnes Alumina refinery ‰ 66% of the land acquisition completed in all respects ‰ Under the R&R package, 100 houses (phase I) completed ƒ All houses handed over. Demolition of old houses in progress. ‰ Site grading and other enabling wo

  11. Slide 11: Greenfield Projects – Aditya Aluminium

    Greenfield Projects – Aditya Aluminium Aditya Aluminium – 1.5 million tonnes Alumina refinery and 325KTPA smelter ‰ Land acquisition in progress ‰ MoEF Clearance received for smelter and power plant ‰ Water scheme for Smelter and power approved, received in principle approval for refinery. ‰ R & R p

  12. Slide 12: Mahan Project

    Mahan Project ‰ Capacities: ƒ 3.25 lacs MTPA Aluminium Smelter ƒ 750 MW (4x150 MW + 1x150MW stand by)Captive Power Plant ƒ 3.5 million tonnes per annum Captive Coal Mine ‰ Proposed Location: ƒ Near Bargawan on NH-75E (Village: Orgari) in Sidhi district in Madhya Pradesh ƒ Aprox. 50kms from existing

  13. Slide 13: Acquisition of Pennar Assets

    Acquisition of Pennar Assets ‰ Installed capacity - Rolled Products 30000 T; Conductor Rod 14000 T ‰ Globally competitive cash conversion cost ‰ State of the Art Caster, Mill & Roll Grinder, 1700 mm Width Capability ‰ Central Location - Nagpur ‰ Good skill sets and productivity standards. Increasing

  14. Slide 14: Nifty Sulphide Project

    Nifty Sulphide Project ‰ Amongst globally largest Underground Copper Mines to be commissioned in this decade ‰ Project time among Global Benchmarks ( despite acute skills shortages particularly in Western Australia) ƒ Scoping study stage to Production in 36 months ‰ Capital cost Globally Competitive

  15. Slide 15: ABML IPO

    ABML IPO ‰ Transaction ƒ IPO of ABML by issue of fresh shares & listing on ASX: ƒ Fresh shares 154mn (49%) ƒ Hindalco Existing Shares 159mn (51%) ƒ Largest Pure Copper stock on ASX. ƒ First Indian Group to be listed on ASX ƒ Offer - A$299 mio at a price of A$ 1.95/share . ‰ Timetable going forward ƒ

  16. Slide 16: FY06 Operational Highlights

    FY06 Operational Highlights ‰ Alumina production at 1,203,383 T; utilisation levels well above 100%. ‰ Primary Aluminium production at 429,140 T – utilisation levels above 100%. ‰ Commissioning of 100 MW captive power plant at Hirakud yields significant cost savings. ‰ Marginal decrease of Copper Ca

  17. Slide 17: Financial Highlights – FY06

    Financial Highlights –FY06 Rs. Crores Change Change Q4 Full Year (%) (%) Net Sales & Operating Revenue 3,657.4 45% 11,396.5 20% PBDIT 1,004.1 45% 2,852.0 12% Pre-tax profits 797.4 54% 2,105.7 11% Net Profit 626.3 40% 1,655.5 25% EPS - - 16.8 25% 17

  18. Slide 18: Backdrop; Developments & Highlights; Performance & Outlook; Financials

    Backdrop Significant Developments & Highlights Business Performance & Outlook Detailed Q4 & FY06 Financials

  19. Slide 19: Aluminium

    Aluminium

  20. Slide 20: EBIT: At a new high

    EBIT: At a new high (Rs. Crs.) 2500 2,128 Indal 2000 Acquisition Smelter Disruption 1,619 1500 1,109 1,092 1,042 1000 835 810 500 0 FY00 FY01 FY02 FY03 FY04 FY05 FY06 _______________________ Source: Company Data 20

  21. Slide 21: Cost Push – a serious challenge to Aluminium profitability

    Cost Push – a serious challenge to Aluminium profitability Coal Prices show signs of coming down Fuel oil price on a high US$/kl Rs/t 1277 RSG Coal (Rs./T) 350 Spot Fuel Oil prices (US$/kl) 340 341 1,200 RSG Coal (Rs./T) Spot Fuel Oil prices (US$/kl) 300 1,100 1,022 250 1,000 200 150 900 100 800 50

  22. Slide 22: Actions taken to alleviate cost pressure (Hirakud Case study)

    Actions taken to alleviate cost pressure (Hirakud Case study) 1. Declining Coal Consumption (kg/kWh) 2. Improving Power Efficiency (kWh/MT) 1.000 0.954 15,500 15,574 0.950 0.900 15,300 0.850 0.796 15,100 0.800 14,950 0.750 14,900 Q1 FY05 Q2 FY05 Q3 FY05 Q4 FY05 Q1 FY06 Q2 FY06 Q3 FY06 Q4 FY06 Q1 FY0

  23. Slide 23: EBIDTA Margins

    EBIDTA Margins 47% 41% 40% 39% 38% 37% Margins Improved 35% 35% ‰ Realisation ‰ Volume ‰ Target plus ‰ Hirakud cost reduction Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY05 FY05 FY05 FY05 FY06 FY06 FY06 FY06 23

  24. Slide 24: Copper Operations

    Copper Operations

  25. Slide 25: Profitability hit by production loss and consequent backwardation

    Profitability hit by production loss and consequent backwardation ‰ Copper Prices at all time high ‰ Benefits of High Tc/Rc undone by production shortfall ƒ Planned bi-annual shutdown of Smelter I (25 days) ƒ Forced shutdown of Smelter III due to minor metal leakage (19 days). ‰ High backwardation c

  26. Slide 26: Business Outlook

    Business Outlook

  27. Slide 27: World Aluminium Consumption and Production in 2005

    World Aluminium Consumption grew by 5.6% and Production by 7% in 2005 KT 32500 31919 32092 Production Consumption 30377 29821 27500 22500 2001 2002 2003 2004 2005 ____________________ Source: CRU Quarterly Jan 2006 Year Capacity utilisation of 87%; Deficit of 172KT in 2005 27

  28. Slide 28: Deficit to continue up to 2007

    Deficit to continue up to 2007; Asia (excl. china and middle east) major deficit areas World Metal balance Regional Metal balance KT 6000 365 367 387 350 4000 250 150 2000 50 0 kt 2004 2005 2006 2007 2008 2009 2010 -50 -60 -2000 -150 -172 -250 -4000 -350 -6000 e e na IS lia t a * ca ld a s sia p op

  29. Slide 29: Domestic demand: Robust growth in last 3 years

    Domestic demand: Robust growth in last 3 years KTPA 1148 23% 14% 934 301 819 156 21% 679 142 161 132 114 107 205 187 105 177 167 458 481 392 293 FY03 FY04 FY05 FY06 Wire Rod Rolled Extrusion Casting ____________________ Source: Company Data 41% (469KT) of current market size is created in last 3 yea

  30. Slide 30: India – User Segments' Growth FY'06 over FY'05

    India – User Segments’ Growth FY ’06 over FY ‘05 User Segment FY'05 FY'06 Change kt Electrical 398 490 23% Transport 234 308 32% Building & Construction 135 165 22% Consumer Durables 46 53 15% Packaging 47 51 9% Industrial Machinery 37 41 11% Others 37 41 11% Total 934 1149 23% ____________________

  31. Slide 31: Scope for major growth in per capita consumption

    Scope for major growth in per capita consumption Per capita consumption (kg/capita) 31.6 31.9 32.0 31.2 29.5 21.2 21.4 15.0 6.5 4.1 1.1 Italy Australia India China Canada France UK Brazil USA Japan Germany China had 1.1 per capita consumption in1989-90 31

  32. Slide 32: Hindalco - ready to meet growing demand, & creating new markets

    Hindalco-ready to meet growing demand, & creating new markets ‰ Capacity for Wire Rods (for Electrical Conductors) being significantly enhanced. ‰ Our Market Development Cells working with Transportation majors including the Railways, to increase aluminium intensity in vehicles. ‰ Customers’ product

  33. Slide 33: Alumina - Market Outlook

    Alumina - Market Outlook ‰ Alumina market remains tight but is expected to be getting into surplus by the end of 2006. ‰ The surplus will be driven by china – approx. increase of 3.2 million tonnes alumina capacity in 2005. ‰ Average spot Prices have started softening and is estimated to be come dow

  34. Slide 34: World Copper Consumption and Production in 2005

    World Copper Consumption grew by 1.1% and Production grew by 6.5% in 2005 KT 17500 Production Consumption 16952 16967 17000 16777 16500 16000 15924 15500 15000 14500 2002 2003 2004 2005 ____________________ Source: CRU Quarterly Jan 2006 Year Deficit of 15KT in 2005 against 853KT for 2004 34

  35. Slide 35: Market to be in surplus from 2006

    Market to be in surplus from 2006; Asia excluding Japan to have a total deficit of 3062KT by 2010 World Metal balance Regional Metal balance 4000 KT 693 700 636 3000 500 415 380 2000 300 1000 kt 100 2004 2005 2006 2007 2008 2009 2010 -100 -5 0 -14 -300 -1000 -500 -2000 pe e na IS lia a * n ca ld a s

  36. Slide 36: To Sum up

    To Sum up ‰ Strong metal prices ‰ Continued cost push – brownfield expansions to reduce cost ‰ Domestic market expansion to continue ‰ Benefits to flow from ƒ Focus on value added products ƒ Enhanced capacity though its impact in FY07 will be very marginal ‰ Concentrate availability poor; Tc/Rc comi

  37. Slide 37: Backdrop; Developments & Highlights; Performance & Outlook; Financials

    Backdrop FY06 Significant Developments and Highlights Business Performance & Outlook Detailed Q4 & FY06 Financials

  38. Slide 38: Financial Highlights – FY06

    Financial Highlights –FY06 Rs. Crores Change Change Q4 Full Year (%) (%) Net Sales & Operating Revenue 3,657.4 45% 11,396.5 20% PBDIT 1,004.1 45% 2,852.0 12% Pre-tax profits 797.4 54% 2,105.7 11% Net Profit 626.3 40% 1,655.5 25% EPS - - 16.8 25% 38

  39. Slide 39: Drivers of Performance: Q4 FY06

    Drivers of Performance : Q4 FY06 Particulars Unit Q4 FY06 Q4 FY 05 Al LME $/t 2,420 1,901 Re. / $ Rs. 44.40 43.70 Basic Customs Duty (Al) % 10.0% 15% Domestic Ingot Realisation (RKT) Rs/t 113,146 93,073 Std Alumina Realisation $/t 484 271 Copper Tc/Rc c/lb 17.23 14.11 Cu LME $/t 4,944 3,270 Cu Duty

  40. Slide 40: Detailed Financial Results Q4 FY06

    Detailed Financial Results Q4 FY06 (In Rs. Crores) Q4 FY06 Q4 FY05 Chg % Net Sales & Operating Revenues 3,657.4 2,515.6 45.4% Other Income 74.3 75.0 -0.9% PBDIT 1,004.1 703.5 42.7% Interest & Finance Charges 62.4 38.0 64.2% Depreciation 144.3 139.6 3.4% Profit Before Tax 797.4 525.9 51.6% Extraordin

  41. Slide 41: Segment Analysis

    Segment Analysis Business Mix – Q4 FY06 EBIT 85.6% 14.4% Capital Employed 56.5% 43.5% Net Sales & Op. Revenues 47.2% 52.8% Aluminium Copper Rs. Crores Aluminium Copper Particulars Q4FY06 Q4FY05 % Chg Q4FY06 Q4FY05 % Chg Net Sales & Op. Revenues 1,726 1,456 19% 1,932 1,059 82% EBIT 713.1 442.4 61% 12

  42. Slide 42: Drivers of Performance: FY06

    Drivers of Performance : FY06 Particulars Unit FY06 FY 05 Al LME $/t 2,028 1,779 Re. / $ Rs. 44.27 44.93 Basic Customs Duty (Al) % 10% 15% Domestic Ingot Realisation (RKT) Rs/t 98,256 90,888 Std Alumina Realisation $/t 401 282 Copper Tc/Rc c/lb 18.10 8.74 Cu LME $/t 4,099 2,999 Cu Duty Differential

  43. Slide 43: Detailed Financial Results FY06

    Detailed Financial Results FY06 (In Rs. Crores) FY06 FY05 Chg % Net Sales & Operating Revenues 11,396.5 9,523.1 19.7% Other Income 243.9 270.0 -9.7% PBDIT 2,849.0 2,546.6 11.9% Interest & Finance Charges 225.2 170.0 32.5% Depreciation 521.1 463.3 12.5% Profit Before Tax 2,102.7 1,913.3 9.9% Extraord

  44. Slide 44: Segment Analysis

    Segment Analysis Business Mix – FY06 EBIT 99.1% 0.9% Capital Employed 56.5% 43.5% Net Sales & Op. Revenues 53.0% 47.0% Aluminium Copper Rs. Crores Aluminium Copper Particulars FY06 FY05 % Chg FY06 FY05 % Chg Net Sales & Op. Revenues 6,042 5,252 15% 5,354 4,271 25% EBIT 2128.1 1595.7 33% 19.3 253.8 -

  45. Slide 45: Other Income – FY06

    Other Income – FY06 270 Rs. Crs 244 Other Income Lower than FY05 despite increase in treasury due to ƒ Higher income on account of FY05 FY06 Interest on Income Tax Refund, in FY05 INR Yield Curve ƒ Substantial investment in Annual FMP’s, where income 8.0 7.5 booking is not in current year, 7.0 to ta

  46. Slide 46: Interest & Finance Charges – FY06

    Interest & Finance Charges – FY06 FY05 FY06 Rs. Crs 276 Interest and finance charges higher 225 190 than last year due to 170 ƒ Increase in working capital requirement of Birla Copper ƒ Lower interest capitalization due to completion of Copper III Net Interest Gross Interest Average interest rate in

  47. Slide 47: Taxes – FY06

    Taxes – FY06 Rs. Crores Current Tax FBT Deferred Tax 646.4 Provision for Taxes lower 75.9 mainly due to 450.2 ƒ Reduction in marginal tax rate 116 from 36.59% to 33.66%. 570.5 10.1 ƒ Tax free treasury income. ƒ Tax benefit from favourable 324.1 appellate decision. FY05 FY06 47

  48. Slide 48: Aluminium

    ALUMINIUM

  49. Slide 49: Aluminium: Production Performance – FY06

    Aluminium: Production Performance – FY06 Production Unit FY06 FY05 % Chg Alumina MT 1,203,383 1,159,664 3.8% Primary Metal MT 429,140 409,068 4.9% Wire Rod MT 67,730 62,392 8.6% Rolled Products MT 190,580 175,734 8.4% Extrusions MT 32,328 28,551 13.2% Foils MT 26,184 26,177 0.0% Alloy Wheels Nos. 19

  50. Slide 50: Focus on Value Added Products

    Focus on Value Added Products VAP Volumes (MT) VAP Revenues (Rs. Crores) 2755 209,752 198,615 2430 485 26,003 454 26,004 410 338 32,181 28,453 1,860 1,638 151,568 144,158 FY05 FY06 FY05 FY06 Rolled Extruded Foils Share of VAP sales volumes at 49.4% and revenues at 56.1%. 50

  51. Slide 51: Aluminium Business Profitability – FY06

    Aluminium Business Profitability – FY06 Rs. Crs Segment Expenses Segment EBIT EBIT increased by 33.4% YoY. 6,042 Margins improved to 35.2%, backed 5,252 by 2,128 ‰ Improved realisations and higher volumes 1,596 ‰ Benefits under Target Plus Scheme ‰ Benefit of captive power at Hirakud 3,914 3,656 fro

  52. Slide 52: Copper

    COPPER

  53. Slide 53: Copper: FY06 Production

    Copper : FY06 Production Production Unit FY06 FY05 % Chg Copper Cathodes MT 210,227 217,136 -3.2% CC Rods MT 88,687 88,298 0.4% DAP/NPK MT 218,199 286,264 -23.8% Sulphuric Acid MT 639,414 663,316 -3.6% Gold Kg 6,711 5,155 30.2% Silver Kg 35,079 36,595 -4.1% CC Rods production 42.2% of total cathode

  54. Slide 54: Copper: FY06 Sales Revenues

    Copper: FY06 Sales Revenues Rs. Crs. Product FY 06 FY 05 % Chg Copper Cathodes 2,442.2 1796.6 35.9% CC Rods 1,779.5 1477.4 20.5% DAP/NPK 318.8 418.2 -23.8% Sulphuric Acid 47.2 43.4 8.6% Gold 451.6 320.5 40.9% Silver 40.2 35.2 14.1% Others 274.9 179.9 52.8% Total Sales 5354.2 4271.2 25.4% of which Ex

  55. Slide 55: Copper Business Profitability - FY06

    Copper Business Profitability - FY06 Rs. Crs. 5,354 4,271 19 Segment EBIT lower as compared 254 to FY05 despite higher Tc/Rc due to 5,335 ƒ Adverse impact of macro economic factors. 4,017 ƒ Backwardation charges. ƒ Production shortfall. FY05 FY06 Segment Expenses Segment EBIT 55

  56. Slide 56: Thank You

    Thank You

  57. Slide 57: Annexures Q4 Financial

    Annexures Q4 Financial

  58. Slide 58: Other Income – Q4

    Other Income – Q4 Rs. Crs 75 74 Other Income at same level compared to Q4 FY05 despite increase in treasury Q4 FY05 Q4 FY06 due to ƒ Higher income on account of INR Yield Curve Income Tax Refund, Rs.33.9 Crs, in Q4 FY05 8.5 ƒ Substantial investment in 7.5 Annual FMP’s, where income booking is not in

  59. Slide 59: Interest & Finance Charges – Q4

    Interest & Finance Charges – Q4 Q4 FY05 Q4 FY06 Rs. Crs 75 Interest and finance charges 62 higher than last year due to 49 ƒ Increase in working capital 38 requirement of Birla Copper ƒ Lower interest capitalization due to completion of Copper III Net Interest Gross Interest Average interest rate in

  60. Slide 60: Taxes – Q4 FY06

    Taxes – Q4 FY06 Rs. Crores Current Tax FBT Deferred Tax 171.1 159.8 Provision for Taxes lower 45.70 mainly due to 3.00 ƒ Reduction in marginal tax rate from 36.59% to 33.66%. 169.00 122.40 ƒ Tax benefit due to favourable appellate decision. ƒ Tax free treasury income. (9.20) Q4 FY05 Q4 FY06 60

  61. Slide 61: Aluminium

    Aluminium

  62. Slide 62: Aluminium: Production Performance – Q4 FY06

    Aluminium: Production Performance – Q4 FY06 Production Unit Q4 FY06 Q4 FY05 % Chg Alumina MT 306,490 291,019 5.3% Primary Metal MT 107,064 105,538 1.4% Wire Rod MT 16,771 16,121 4.0% Rolled Products MT 47,576 44,439 7.1% Extrusions MT 9,058 10,177 -11.0% Foils MT 6,315 6,483 -2.6% Alloy Wheels Nos.

  63. Slide 63: Aluminium: Sales Volumes

    Aluminium: Sales Volumes Sales Tonnage Unit Q4 FY06 Q4 FY05 % Chg Alumina MT 106,295 74,582 42.5% Primary Metal MT 35,755 43,290 -17.4% Wire Rod MT 16,834 16,560 1.7% Rolled Products MT 39,830 40,658 -2.0% Extrusions MT 8,810 8,595 2.5% Foils MT 6,255 6,535 -4.3% Wheels Nos 61,494 31,802 93.4% 63

  64. Slide 64: Aluminium: Sales Revenues

    Aluminium: Sales Revenues (In Rs. Crores) Q4 FY06 Q4 FY05 % Chg Alumina 241.1 141.8 70.0% Primary Metal 397.4 399.2 -0.5% Wire Rod 201.2 157.9 27.4% Rolled Products 528.6 465.7 13.5% Extrusions 121.2 104.7 15.7% Foils 122.9 117.0 5.0% Alloy Wheels 10.9 5.9 85.5% Others 103.1 64.1 60.9% Total Sales 1

  65. Slide 65: Focus on Value Added Products

    Focus on Value Added Products VAP Volumes (MT) VAP Revenues (Rs. Crores) 688 55,788 54,895 773 123 6,535 6,255 117 121 105 8,595 8,810 529 466 40,658 39,830 Q4 FY05 Q4 FY06 Q4 FY05 Q4 FY06 Rolled Extruded Foils Share of VAP sales volumes at 51.1% and revenues at 56.4%. 65

  66. Slide 66: Aluminium Business Profitability – Q4 FY06

    Aluminium Business Profitability – Q4 FY06 Rs. Crs Segment Expenses Segment EBIT Segment EBIT increased by 61.2% 1,726 YoY. Margins increased to 41.3%, 1,456 backed by 713 ‰ Higher price realisations ‰ Benefits under Target Plus Scheme 442 ‰ Efficient operating parameters. ‰ Cost benefit yielded by

  67. Slide 67: Copper

    COPPER

  68. Slide 68: Copper: FY06 Sales Volumes

    Copper : FY06 Sales Volumes Sales Volumes Units FY06 FY05 % Chg Copper Cathodes MT 127,061 126,452 0.5% CC Rods MT 88,331 87,924 0.5% DAP/NPK MT 217,176 302,436 -28.2% Sulphuric Acid MT 294,740 268,592 9.7% Gold Kg 6,740 5,300 27.2% Silver Kg 35,970 34,900 3.1% 68

  69. Slide 69: Copper: Q4 Production

    Copper : Q4 Production Production Unit Q4 FY06 Q4 FY05 % Chg Copper Cathodes MT 66748 56414 18.30% CC Rods MT 23725 21371 11.01% DAP/NPK MT 55850 72888 -23.40% Sulphuric Acid MT 223147 165468 34.90% Gold Kg 1951 877 122.60% Silver Kg 9878 8853 11.60% 69

  70. Slide 70: Copper: Q4 Sales

    Copper : Q4 Sales Sales Volumes Unit Q4 FY06 Q4 FY05 % Chg Copper Cathodes MT 43,625 31,076 40.4% CC Rods MT 23,850 21,485 11.0% DAP/NPK MT 52,075 77,697 -33.0% Sulphuric Acid MT 129,547 58,878 120.0% Gold Kg 1,930 740 160.8% Silver Kg 9,560 7,640 25.1% 70

  71. Slide 71: Copper: Q4 Sales Revenues

    Copper: Q4 Sales Revenues - Rs. Crs. Product Q4 FY 06 Q4 FY 05 % Chg Copper Cathodes 973.4 474.8 105.0% CC Rods 517.0 377.5 36.9% DAP/NPK 95.9 118.7 -19.2% Sulphuric Acid 17.9 12.3 45.4% Gold 146.9 44.5 230.5% Silver 12.4 7.6 63.1% Others 168.3 23.8 607.2% Total Sales 1931.7 1059.2 82.4% of which Ex

  72. Slide 72: Copper Business Profitability - Q4 FY06

    Copper Business Profitability - Q4 FY06 Rs. Crs. 1,932 120 Segment Profit higher compared to Q4 FY05 due to 1,059 ƒ Higher Tc/Rc 65 ƒ Benefit of Target Plus Scheme 1,812 Inspite of ƒ Lower production due to furnace Condition and Bi-Annual 995 shutdown for Maintenance. ƒ Backwardation Costs. Q4 FY05

  73. Slide 73: Hindalco Industries Ltd. Press Release Q4 FY 2005-06

    PRESS RELEASE Date: 29.04.2006 Q4 FY 2005-06 HINDALCO INDUSTRIES LTD. y Hindalco registers impressive performance y y Fourth quarter revenues post 45% growth y Net profit rises by 40% y y Highest ever annual revenues at Rs. 11,396.5 Crores y y Net Profit for the year records 25% jump to Rs. 1,655.5

  74. Slide 74: Press Release: Q4 FY06 Results

    April 29, 2006 Press Release: Q4 FY06 Results Hindalco Industries Limited Hindalco Industries Ltd., the metals major and the flagship Company of the Aditya Birla Group, reported outstanding results for the 4th Quarter of the fiscal 2005-06 on April 29, 2006. The company has posted its highest ever q

  75. Slide 75: Operational Review: Aluminium and Copper

    April 29, 2006 Press Release: Q4 FY06 Results Hindalco Industries Limited Operational Review Aluminium During the fiscal, the business registered output growth across product segments. Alumina and Aluminium and production reached highest ever levels with 105% capacity utilisation. Q4 Q4 Change Chang

  76. Slide 76: Utkal and Aditya greenfield project update

    April 29, 2006 Press Release: Q4 FY06 Results Hindalco Industries Limited Utkal, the greenfield alumina project in Orissa, 66% of land has been acquired. 100 families have been provided houses in rehabilitation colony under the Rehabilitation and Resettlement package. Considerable progress has been

  77. Slide 77: Copper market outlook

    April 29, 2006 Press Release: Q4 FY06 Results Hindalco Industries Limited Copper Copper prices have moved upwards recording all time highs, beating all expectations. The refined copper market looks likely to face a minor deficit in 2006 as the demand is rebounding after a very weak year in 2005. The

  78. Slide 78: Audited Financial Results for the Quarter Ended 31st March 2006

    HINDALCO INDUSTRIES LIMITED Regd. Office: "Century Bhavan",3rd Floor, Dr. Annie Besant Road, Worli, Mumbai-400 025 AUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 31ST MARCH,2006 (Rupees in Million) Nine Months Quarter Quarter Year Year ended ended ended ended ended Particulars 31/12/2005 31/03/2006

  79. Slide 79: Segment-wise Revenue, Results and Capital Employed

    HINDALCO INDUSTRIES LIMITED Regd. Office: "Century Bhavan",3rd Floor, Dr. Annie Besant Road, Worli, Mumbai-400 025 SEGMENT-WISE REVENUE, RESULTS AND CAPITAL EMPLOYED UNDER CLAUSE 41 OF THE LISTING AGREEMENT (Rupees in Million) Nine Months Quarter Quarter Year Year ended ended ended ended ended Parti

  80. Slide 80: Notes

    Notes:- 1. Upon allotment of 231,521,031 equity shares of Re 1 each at a premium of Rs 95 per share on rights basis on 15th February 2006, the issued and subscribed capital of the Company has increased from Rs 927.75 million to Rs 1,159.68 million and the paid-up capital has increased to Rs 985.73 m

Hindalco Industries — Q4 FY2006 Earnings Presentation on 6ix