Graphite India Limited · NSE:GRAPHITE
Graphite India — Q3 FY2024 Earnings Presentation
17 slides from Graphite India's earnings presentation, Feb 14, 2024
Slide 1: Exchange filing cover letter
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Slide 2: Q3 FY2024 Earnings Presentation
NSE: GRAPHITE, BSE: 509488 Q3 FY2024 Earnings Presentation February 14, 2024
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: 9M FY2024 Financial Performance
Executive Summary 9M FY2024 Financial Performance 9M FY2024 Profit and Loss (Consolidated) 9M FY2024 Profit and Loss (Standalone) o Net Sales of Rs. 2,230 Crores, a decline of 6.4% y-o-y o Net Sales of Rs. 2,188 Crores, an increase of 0.1%% y-o-y o EBITDA of Rs. 98* Crores as compared to Rs. 377 Cro
Slide 5: Executive Summary: Q3 FY2024 Financial Performance
Executive Summary Q3 FY2024 Financial Performance o Net Sales of Rs. 690 Crores, a decline of 1.6% y-o-y and 13.0% q-o-q Q3 FY2024 Profit and Loss o EBITDA of Rs. 50 Crores as compared to Rs. 105 Crores in Q3 FY23 o Net Profit of Rs. 17 Crores as compared to Rs. 53 Crores in Q3 FY23 (Consolidated) o
Slide 6: Chairman's Message
Chairman’s Message “Graphite India delivered Consolidated Net Sales of Rs. 690 Cr in Q3 FY2024, a decline of 1.6% compared to Q3 FY2023. During the quarter, sales volumes improved but realisations were lower compared to the same period previous year. The Company reported EBITDA of Rs. 50 Cr in the q
Slide 7: Steel Industry Overview
Steel Industry Overview Crude Steel Production Three Months Ended Year Ended (million MT) Dec-23 Dec-22 Y-o-Y (%) Sept-23 Q-o-Q (%) 12M 2023 12M 2022 Y-o-Y (%) Asia and Oceania 310.0 313.6 (1.1)% 346.3 (10.5)% 1,367.2 1,357.7 0.7% India 35.9 31.5 14.0% 35.0 2.6% 140.2 125.4 11.8% China 222.6 232.2 (
Slide 8: Steel Industry Outlook and Dynamics
Steel Industry Outlook and Dynamics CY2023 Steel Production (1) ▪ As per the World Steel Association (WSA), global crude steel production was 1,849.7 million MT in CY2023, a decrease of 0.1% y-o-y. Global crude steel production excluding China also declined by 0.1% on a y-o-y basis ▪ China’s crude s
Slide 9: Graphite Electrode Industry Overview
Graphite Electrode Industry Overview ▪ The focus on substantial decarbonization measures in developing economies supports the growth of the Electric Arc Furnace (EAF) process compared with the Blast Furnace / Bessimer Oxygen Furnace (BF/BOF) process ▪ Governments around the world are also introducin
Slide 10: Consolidated Financial Performance
Consolidated Financial Performance Q3 y-o-y Q2 q-o-q Nine Months y-o-y Comments (Rs. Crore) FY2024 FY2023 Growth (%) FY2024 Growth (%) FY2024 FY2023 Growth (%) Net Sales 690 701 (1.6%) 793 (13.0)% 2,230 2,382 (6.4%) Excluding Other Income Other Income 63 33 90.9% 91 (30.8%) 232 136 70.6% Total Incom
Slide 11: Standalone Financial Performance
Standalone Financial Performance Q3 y-o-y Q2 q-o-q Nine Months y-o-y Comments (Rs. Crore) FY2024 FY2023 Growth (%) FY2024 Growth (%) FY2024 FY2023 Growth (%) Net Sales 682 669 1.9% 786 (13.2%) 2,188 2,186 0.1% Excluding Other Income Other Income 59 39 51.3% 87 (32.2%) 218 126 73.0% Total Income 741
Slide 12: Quarter Performance Trends
Quarter Performance Trends Consolidated Net Sales Standalone Net Sales 793 701 690 786 669 682 Q3FY23 Q2FY24 Q3FY24 Q3FY23 Q2FY24 Q3FY24 Consolidated Operating Profit / (Loss) Standalone Operating Profit / (Loss) 15% 20% 105 134 12% 8% 7% 9% 83 61 72 50 Q3FY23 Q2FY24 Q3FY24 Q3FY23 Q2FY24 Q3FY24 Note
Slide 13: Quarter Performance Trends
Quarter Performance Trends Consolidated Net Profit / (Loss) Standalone Net Profit / (Loss) 815 802 104% 101% 92 50 53 7% 17 2% 14% 8% Q3FY23 Q2FY24 Q3FY24 Q3FY23 Q2FY24 Q3FY24 Capacity Utilization (Standalone) 87% 82% 49% Notes: 1. Q2 FY24 includes a net gain of Rs. 954 Crores related to the sale of
Slide 14: Leverage Profile
Leverage Profile Significant financial flexibility available for future organic and inorganic growth Consolidated Leverage Profile Standalone Leverage Profile (Rs. Crore) Dec- 23 Sept- 23 June- 23 Mar- 23 Dec- 22 (Rs. Crore) Dec- 23 Sept- 23 June- 23 Mar- 23 Dec- 22 Cash & Cash Cash & Cash 3,404 3,5
Slide 15: Quarterly Segment Performance
Quarterly Segment Performance Consolidated Segment Performance Standalone Segment Performance Q3 y-o-y Q2 q-o-q Q3 y-o-y Q2 q-o-q Growth Growth Growth Growth (Rs. Crore) FY2024 FY2023 FY2024 (Rs. Crore) FY2024 FY2023 FY2024 (%) (%) (%) (%) Graphite and Carbon 629 650 (3.2)% 741 (15.1)% Graphite and
Slide 16: Graphite India - At a Glance
Graphite India - At a Glance Company Background Graphite India is the largest Indian producer of The Company currently has a conservative The Company, through its subsidiary, has graphite electrodes and one of the largest leverage profile with significant financial capacity progressively acquired an
Slide 17: 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