Jindal Stainless Limited · NSE:JSL
Jindal Stainless — Q4 FY24 Earnings Presentation
17 slides from Jindal Stainless's earnings presentation, May 15, 2024
Slide 1: Exchange intimation letter for earnings presentation
15th May, 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. 022
Slide 2: Jindal Stainless Ltd Q4 & FY24 Earnings Presentation
JINDAL STAINLESS LTD Q4 & FY24 Earnings Presentation May 15, 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 Q4 FY24 Sales Volume (‘000 MT) Export 11% 2,175 1,764 Domestic 89% 508 512 570 Shift (%) QoQ: 11% YoY: 12% 23% Sales Composition FY24 Export 13% • Achieved highest ever quarter sales volume in Q4 FY24. FY24 sales jumped by 23% over FY23. • Domestic market
Slide 6: Key Financials Highlights
Key Financials Highlights Net Revenue EBITDA 4,036 38,356 3,567 35,030 9,444 9,088 9,521 1,097 1,021 827 Q4 FY23 Q3 FY24 Q4 FY24 FY23 FY24 Q4 FY23 Q3 FY24 Q4 FY24 FY23 FY24 Shift (%) QoQ: 5% YoY: 1% 9% Shift (%) QoQ: -19% YoY: -25% 13% PAT 2,531 2,014 Continuously falling Nickel prices coupled with
Slide 7: Debt Position & Key Ratios
Debt Position & Key Ratios As on March As on March FY23 FY24 Borrowings (Standalone) 2024 2023 0.7 Debt 0.6 Long term debt 3,203 3,012 Short term debt 593 477 0.2 0.2 Total Debt 3,796 3,489 Cash & Bank balances 1,378 898 Net Debt 2,418 2,591 Net Debt/Equity Net Debt/EBITDA As on March As on March Bo
Slide 8: JUSL Performance
JUSL Performance EBITDA Interest Cost 781 712 213 204 FY23 FY24 FY23 FY24 PAT 316 258 FY23 FY24 8 All figures in INR. crore unless stated otherwise
Slide 9: Market Update
Market Update Railways – wagons, coaches Metros Infrastructure Process Industry • Strong demand continued for Wagons • Robust economic activities in and passenger coaches owing to infrastructure supported demand; increasing orders from Railways • Positive outlook owing to enhanced Outlook remains po
Slide 10: Key Raw Materials- Price trend
Key Raw Materials- Price trend Nickel (USD/ MT) 25,983 25,292 22,308 20,401 17,288 16,589 Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Note: Average quarterly prices; Source: LME Ferrochrome (INR/ MT) 115,115 116,715 107,473 110,071 109,588 100,558 Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 10 Note: Ave
Slide 11: Q4 & FY24 Earnings call
Q4 & FY24 Earnings call CONCALL INVITE IIFL Securities shall hold a Conference Call of Jindal Stainless Ltd. to discuss the Q4 & FY24 Results on Wednesday, 16th May 2024 at 16:00 hrs IST Represented by Senior Management of Jindal Stainless Limited Diamond Pass registration link: Copy this Link in yo
Slide 12: Annexure
Annexure 11
Slide 13: Abridged P&L Statement (Standalone)
Abridged P&L Statement (Standalone) YoY QoQ YoY Particular (INR Crore) Q4 FY24 Q4 FY23 Q3 FY24 FY24 FY23 Change (%) Change (%) Change (%) Revenue from operations 9,521 9,444 1% 9,088 5% 38,356 35,030 9% Total Expenditure 8,693 8,347 4% 8,067 8% 34,320 31,463 9% EBITDA 827 1,097 (25%) 1,021 (19%) 4,0
Slide 14: Abridged P&L Statement (Consolidated)
Abridged P&L Statement (Consolidated) YoY QoQ YoY Particular (INR Crore) Q4 FY24 Q4 FY23 Q3 FY24 FY24 FY23 Change (%) Change (%) Change (%) Revenue from operations 9,454 9,765 (3%) 9,127 4% 38,562 35,697 8% Total Expenditure 8,419 8,621 (2%) 7,881 7% 33,858 32,111 5% EBITDA 1,035 1,144 (10%) 1,246 (
Slide 15: Shareholding Pattern
Shareholding Pattern Floating Stock % FII 20.8% Other Promoters 39.5% Retails & 60.5% others 12.1% DII 6.6% 14 Shareholding pattern for the period ended 31st March 2024
Slide 16: Contact Us
Contact Us About Us: India’s leading stainless steel manufacturer, Jindal Stainless, has an 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. It has seven stainless steel manufacturing and processing fa
Slide 17: Thank You
Thank You 16