Godawari Power & Ispat Ltd. · NSE:GPIL
Godawari Power & Ispat — Q3 FY25 Earnings Presentation
35 slides from Godawari Power & Ispat's earnings presentation, Feb 12, 2025
Slide 1: Exchange filing cover letter for Q3FY25 investor presentation
gr F giv 5an a3 dr HIIEL GODAWARI POWER & lspAT REF: GPILINSE & BSE/2025/5784 Date: 12.02.2025 To I. The Listing Department, 2. The corporate Relation Department, The National stock Exchange of India Ltd, The BSE Limited. Exchange plaza, Bandra Kurla complex, First Floor, Rotunda Building, Bandra (E
Slide 2: Q3 & 9MFY25 Investor Presentation
GODAWARI POWER & ISPAT LTD. Q3 & 9MFY25 Investor Presentation 12th February 2025
Slide 3: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Godawari Power and Ispat Limited (the “Company”) solely for the information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, a
Slide 4: Business at a Glance
Business at a Glance Incorporated in 1999 & Backward integrated Large product portfolio Captive Iron Ore Mines and Growing under leadership of with captive iron ore mines & ranging from Iron Ore pellets to manufacturing plants are Mr. B.L. Agrawal, 1st Captive Power Generation Sponge Iron, Steel Bil
Slide 5: Investment Thesis
Investment Thesis 01 02 03 04 Captive Iron ore mines with Unique presence across High Grade Pellets Strong Growth Plan 165MnT Reserves and 35+ steel value chain Manufactures high grade To more than double the years of mine life. Present Iron Ore Mining & pellets which earn premium capacities of iron
Slide 6: Q3FY25 Performance Highlights
Q3FY25 Performance Highlights Financial Performance (Consolidated) Performance Highlights (YoY) Revenue (Rs. Cr.) Operating EBITDA (Rs. Cr.) o Iron Ore Mining and Pellet Production dropped slightly, whereas Production Volume of Sponge Iron, HB Wires, 1309 1298 Ferro Alloys and Galvanized Fabricated
Slide 7: 9MFY25 Performance Highlights
9MFY25 Performance Highlights Financial Performance (Consolidated) Performance Highlights (YoY) Revenue (Rs. Cr.) Operating EBITDA o Iron ore mining and Pellets production dropped slightly (Rs. Cr.) whereas Production of Sponge Iron, Steel Billets, HB 3926 3908 Wires and Ferro Alloys, increased by 8
Slide 8: Key Strategic Highlights
Key Strategic Highlights The plan to set up Greenfield Integrated Steel Plant of 2MnT has been dropped. Company is The plan to venture into OPVC Entered into an agreement with evaluating different alternative pipe manufacturing has been GAIL for supply of RLNG Gas projects with lower capacity & drop
Slide 9: FY25 Guidance – Status Check
FY25 Guidance – Status Check Particulars FY25 Guidance 9MFY25 Performance % Achieved Iron Ore Mining 2.35MnT 1.63MnT 69% Iron Ore Pellets 2.44MnT 1.77MnT 73% Sponge Iron 0.594MnT 0.496MnT 84% Steel Billets 0.50MnT 0.365MnT 73% Ferro Alloys 80,000T 77,012T 96% Rolled Products 0.325MnT 0.241MnT 74% 8
Slide 10: Next Leg of Growth – Capex Plan
Next Leg of Growth – Capex Plan Capex ( Apprx. in Rs Cr ) Existing Capacity Proposed Capacity Total Capacity Expected Project Particulars Balance to be Current Status ( MnT) Expansion (MnT) After Expansion Project Cost Cost Incurred Completion Incurred Revised Mining Plan filed and TOR Received. The
Slide 11: Carbon Footprint Reduction: Strategies for Greener Future
Carbon Footprint Reduction: Strategies for Greener Future Decarbonisation Initiatives Features & Benefits of Decarbonisation Strategies Projects Current Status GPIL and Siemens Energy have Output – 11MW Focusing on energy-efficient, R&D signed a Memorandum of of additional Payback projects and fuel
Slide 12: Captive Mining Provides Competitive Edge
Captive Mining Provides Competitive Edge 7,300 6,800 6,200 6,300 6200 6,100 5,500 4,346 4,270 3,000 3,000 2,885 3010 2,800 2,800 2,840 2,310 2,462 2,375 2,181 FY18 FY19 FY20 FY21 FY22 FY23 FY24 Q1FY25 Q2FY25 Q3FY25 Market Price of Iron Ore Captive Ore Landed Cost Note – Prices are indicative only 11
Slide 13: Detailed Production Summary
Detailed Production Summary Description of Goods M.T./ KWH Q3FY25 Q2FY25 QoQ (%) Q3FY24 YoY (%) 9MFY25 9MFY24 YoY (%) FY24 Iron ore Mining M.T.s 541,509 501,140 8% 565,255 -4% 1,633,137 1,658,413 -2% 2,307,075 Iron ore Pellets - GPIL M.T.s 610,800 508,200 20% 647,000 -6% 1,770,700 1,807,150 -2% 2,43
Slide 14: Detailed Sales Volume Summary
Detailed Sales Volume Summary Description of Goods M.T./ KWH Q3FY25 Q2FY25 QoQ (%) Q3FY24 YoY (%) 9MFY25 9MFY24 YoY (%) FY24 Iron Ore Pellet - GPIL M.T.s 309,274 258,340 20% 367,369 -16% 1,009,716 1,097,722 -8% 1,581,795 Sponge Iron M.T.s 6,387 38,239 -83% 12,411 -49% 72,758 54,837 33% 60,198 Steel
Slide 15: Detailed Realisation Summary
Detailed Realisation Summary (Ex plant realisation excluding export freight and expenses) Description of Goods INR/M.T.s Q3FY25 Q2FY25 QoQ (%) Q3FY24 YoY (%) 9MFY25 9MFY24 YoY (%) FY24 Iron Ore Pellet - GPIL INR/M.T.s 9,974 10,681 -7% 10,505 -5% 10,387 10,205 2% 10,171 Sponge Iron INR/M.T.s 29,403 2
Slide 16: GPIL Consolidated - Profit & Loss
GPIL Consolidated - Profit & Loss All figures in INR Crore Particulars Q3FY25 Q2FY25 QoQ% Q3FY24 YoY% 9MFY25 9MFY24 YoY% FY24 Net Sales 1,298 1,268 2% 1,309 -1% 3,908 3,926 0% 5,455 Total Expenses 1,076 1,021 5% 978 10% 3,032 2,926 4% 4,127 Other Income 18 23 -19% 16 17% 71 58 23% 98 EBIDTA 221 247
Slide 17: GPIL Standalone Profit and Loss
GPIL Standalone Profit and Loss All figures in INR Crore Particulars Q3FY25 Q2FY25 QoQ% Q3FY24 YoY% 9MFY25 9MFY24 YoY% FY24 Net Sales 1,095 1,096 0% 1,214 -10% 3,386 3,639 -7% 5,042 Total Expenses 895 866 3% 890 0% 2,564 2,653 -3% 3,735 Other Income 23 24 -8% 21 9% 75 61 22% 90 EBIDTA 201 230 -13% 3
Slide 18: GPIL – Consolidated Balance Sheet
GPIL – Consolidated Balance Sheet All figures in INR Crore Particulars 30.09.2024 31.03.2024 Particulars 30.09.2024 31.03.2024 ASSETS EQUITY AND LIABILITIES Non Current assets EQUITY (a) Property, Plant and Equipment 2,335 2,273 (a) Equity share capital 61 62 (b) Capital work-in-progress 427 430 (b)
Slide 19: GPIL – Standalone Balance Sheet
GPIL – Standalone Balance Sheet All figures in INR Crore Particulars 30.09.2024 31.03.2024 Particulars 30.09.2024 31.03.2024 ASSETS EQUITY AND LIABILITIES Non Current assets EQUITY (a) Property, Plant and Equipment 1,922 1,857 (a) Equity share capital 65 66 (b) Capital work-in-progress 334 340 (b) O
Slide 20: Strong Net Cash Balance Sheet
Strong Net Cash Balance Sheet Healthy Balance Sheet to support Capex Plans through internal accruals Consolidated Net Debt (Rs. Crores) 1,929 1,821 1,604 1,436 720 -565 -791 -725 -1,056 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 9MFY25 Short term borrowings are not included in calculation of Net Debt.
Slide 21: Unique Presence Across Steel Value Chain
Unique Presence Across Steel Value Chain Asset Capacity FY24 Utilization (%) Asset Capacity FY24 Utilization (%) Iron Ore MS 0.4 MT 60% Mining 3.05 MT Rounds 76% Iron Ore 2.7 MT HB 0.10 MT 90% 81.50% Pellets 92% Wires Sponge Ferro 91,500T 0.594 MT 93% Alloys Iron 99.99% 79% Power Steel (Incl 0.525 M
Slide 22: Large Portfolio of Long-life Assets
Large Portfolio of Long-life Assets JPL Plant Lead 126,198 MTPA Pelletisation Plant Zinc 29,431 MTPA Odisha – Ardent Steel Copper 4,981 MTPA Keonjhar: 0.8 mn MTPA Cadmium 8,400 MTPA Other Metals 27,562 MTPA Siltara Integrated Plant Chhattisgarh Bemetara, Chhattisgarh 3.3 mn MTPA Iron Ore Beneficiati
Slide 23: Simplified Group Structure
Simplified Group Structure Associates JVs Godawari Power and Ispat Limited (GPIL) 37.85% 33.30% Ardent Steel Private Raipur Infrastructure Limited Company Limited 100% 100% Alok Ferro Alloys Limited 23.9% (AFAL) Godawari Energy Limited Chhattisgarh Captive Coal Mining Private Limited 35.36% 49% 96.0
Slide 24: Strong focus on Sustainability
Strong focus on Sustainability Strengthening the ESG Framework Aligned with United Nations’ 10 principles for manufacturing responsibility and environmental sustainability Environment Responsibility Social Responsibility Governance Framework o Investing in o Strong community o Strategic Clarity – en
Slide 25: CSR Activities – Serving Society through Industry
CSR Activities – Serving Society through Industry Renovation of Cultural Congregation Women Empowerment - Tailoring Centre Health Awareness Initiatives Old Age Home Infrastructure Development Projects School for Differently abled 24
Slide 26: International & Domestic Tailwinds
International & Domestic Tailwinds International Market o Global iron ore prices have started the year on a sombre note, trading range bound around US$105/t. Prices will remain well supported in the first half as supply is normally impacted due to weather conditions. o The development of a large min
Slide 27: APPENDIX
GODAWARI POWER & ISPAT APPENDIX Lite eed IL led
Slide 28: Board of Directors
Board of Directors Mr. BL Agrawal (Chairman & Mr. Dinesh Gandhi Mr Raj Kamal Bindal Managing Director) (Executive Director) (Independent Director) 1st generation entrepreneur with 3 decades of experience in MCOM, CA & MBA; 22 years experience in almost 4 decades of experience; Accounts, Finance & Pr
Slide 29: Shareholding Pattern on 31st Dec'2024
Shareholding Pattern on 31st Dec’2024 Shareholding Pattern 31ST Dec’2024 Particulars No of Shares % of Total Sh. Promoter 42,48,55,795 63.51 36.49% Domestic Institutions 1,26,97,506 1.90 FPI 4,75,73,561 7.11 63.51% Non Institution 18,38,48,078 27.48 Total 66,89,74,940 100.00 Promoter Public 28
Slide 30: Past Operational Performance at a Glance…
Past Operational Performance at a Glance… Trend of Iron Ore Mining (mt) Trend of Pellet Production (mt) 2,616,500 2,595,953 1,933,250 2,399,500 2,438,950 2,312,888 2,256,550 1,580,850 1,999,150 1,547,384 2,307,075 1,841,050 1,532,200 1,495,100 1,699,920 1,579,693 1,657,629 902,550 619,620 326,358 1,
Slide 31: Past Operational Performance at a Glance (Ctd.)...
Past Operational Performance at a Glance (Ctd.)... Trend of Steel Production (mt) Trend of Silico Manganese - GPIL (mt) 16,492 16,152 16,444 479,800 13,772 14,178 350,865 325070 13,700 13,136 11,116 11,403 10,517 344,610 10,537 327,050 9,434 188,190 204,162 298,418 227,581 197,596 185,021 177,970 FY
Slide 32: Past Sales Realisations
Past Sales Realisations Iron ore Pellet Sponge Iron Steel Billets 30,418 12,390 33,804 49,512 7,798 31,746 10,171 28,681 43,427 43,937 9,017 9,409 18,277 8,607 7,872 20,964 31947 21,830 33,072 33,545 6,8097,091 18,934 19,736 20,645 29,493 27,720 28,590 16,678 16,897 22,689 5,067 5,365 4,360 13,310 1
Slide 33: GPIL Consolidated – Historical Profit & Loss
GPIL Consolidated – Historical Profit & Loss All figures in INR Crore Particulars 9MFY25 FY24 FY23 FY22 FY21 FY20 FY19 FY18 Net Sales 3,908 5,455 5,753 5,399 3,958 3,289 3,322 2,527 Total Expenses 3,032 4,127 4,589 3,535 2,821 2,664 2,532 1,931 Other Income 71 98 104 3 5 6 9 29 EBITDA 875 1,328 1,16
Slide 34: GPIL Consolidated – Historical Balance Sheet
GPIL Consolidated – Historical Balance Sheet All figures in INR Crore Particulars H1FY25 FY24 FY23 FY22 FY21 FY20 FY19 FY18 Net Worth 4,560 4,554 3,947 3,442 2,108 1,503 1,336 1,084 Debt Long Term Debt 10 9 9 10 771 1,465 1,643 1,873 Short Term Debt 23 42 307 418 125 160 139 134 Other Long Term Liab
Slide 35: Thank You
Thank You Investor Relations Contact: Sana Kapoor Go India Advisors sana@GoIndiaAdvisors.com M:+91 81465 50469 Sheetal Khanduja Go India Advisors sheetal@GoIndiaAdvisors.com M:+91 97693 64166 Company Contact: Sanjay Bothra Chief Financial Officer (CFO) sanjay.bothra@hiragroup.com Godawari Power and
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