J.k. Cement Ltd. · NSE:JKCEMENT
J.k. Cement — Q2 FY23 Earnings Presentation
27 slides from J.k. Cement's earnings presentation, Nov 23, 2022
Slide 1: Exchange disclosure cover letter
JK Cement Ltd, CIN r L1 7229UP1994P1C0171 99 frJKcement Registered Office A Kamta Tower, Kanpur-208001, U.P., lndia rl +91-512-2371478to 85 Ef +91-512-2399854 & shambhu,singh@jkcement,com @ www,jkcement,com Date: 18,11.2022 The Bombay Stock Exchange Lrd. National Stock Exchange of India Corporate Re
Slide 2: Investor Presentation Jul-Sep'22 Q2 FY23
Investor Presentation Jul-Sep’22 Q2 FY23 J.K. Cement Ltd.
Slide 3: ESG Update
ESG Update
Slide 4: Environment Footprints
Environment Footprints Net Specific GHG Emission Scope-1 Green Power Mix 75% Thermal Subsitution Rate CO2 Emission in Kg/Ton of Cementious Material 35% 523 43% 465 11.2% YTD Sep'22 Target 2030 YTD Sep'22 Target 2030 YTD Sep'22 Target 2030 3
Slide 5: Environment Safety Governance Awards
Environment Safety Governance Awards J.K Cement Works ,Mangrol received CII Award for Excellence in Water Muddapur & Halki Mines awarded 5 Star Rating by Ministry of Mines & Indian Management ,2022 Bureau of Mines at 6th National Conclave on Mines & Minerals
Slide 6: Commitment to improve livelihood and society
Commitment to improve livelihood and society Key initiatives taken during the period - CSR Expenditure Rs 14.50 crores in YTD Sep’22 • Contribution towards upliftment of education Figures in Rs./Cr for children. ₹3.00 , • Contribution towards IIT- K for development of 21% Super Specialty Hospital ₹5
Slide 7: Corporate Social Responsibility
Corporate Social Responsibility Image to come Blood Donation camp organised at Muddapur Mega Eye Camp organised at Nimabhera Contribution to MCD for upliftment of School Infrastructure 25 women trained under stitching Programme at Nimbahera
Slide 8: Corporate Social Responsibility
Corporate Social Responsibility Distribution of computer set to Govt. Organized Two Health Camp Girls Higher Secondary School,Gotan for Animals at Karunda Around 34 K Planting done near Panna Plant & Mine Site
Slide 9: Corporate snapshot
Corporate snapshot Upgraded Line 3, Nimbahera
Slide 10: Cementing pathways to shared progress
Cementing pathways to shared progress • One of India’s leading cement and building products manufacturers • Partner in the nation’s progress for over 45 years with our products catering to infrastructure development needs • Portfolio spans Grey Cement, White Cement (WhitemaxX) and value-added produc
Slide 11: Strategically located manufacturing presence and future expansion
Strategically located manufacturing presence and future expansion Our plants Grey Cement A. Nimbahera, Chittorgarh (Rajasthan) B. Mangrol, Chittorgarh (Rajasthan) C. Muddapur, Bagalkot (Karnataka) D. Gotan, Nagaur (Rajasthan) E. Jharli, Jhajjar (Haryana) F. Aligarh (Uttar Pradesh) G. Balasinor (Guja
Slide 12: Performance highlights
Performance highlights
Slide 13: Sales performance
Sales performance Volume growth ( Overall ) Key drivers on YOY basis (Grey Cement) Q2 FY23 - 9 % Growth over Q2 FY22 39.32 84% Capacity Utilization ( 7 % Up) 36.44 9% Increase in Volumes 35.61 5% Increase in Cement Realization per ton 33.31 33.22 65% Blending Ratio ( 3% Up) Q2FY22 Q3FY22 Q4FY22 Q1FY
Slide 14: Key movement in costs in Q2FY23
Key movement in costs in Q2FY23 LOGISTICS ENERGY COST COST 24% 30% Rs. 1195 /M.T Rs.1510 /M.T 4% up YOY 46 % up YOY Increase in Lead Distance Increase in Pet coke & Diesel Prices /Imported Coal Prices
Slide 15: EBITDA Waterfall Sep'22 Qtr.
EBITDA Waterfall Sep’22 Qtr. -23% 831 NSR (incl. Op. Raw Material (incl. Power & Freight & Other Sep’21 Qtr. Sep’22 Qtr. Income) PSIT &Inventory). Fuel Handling Expenses Note: Other Expenses includes Employee cost as well & Raw Material includes PSIT & Inventory. 14
Slide 16: Expansion – Project Status
Expansion –Project Status CAPEX Expected Additional Expansion Status Update till YTD Date of Capacity Sep’22 Completion Greenfield Grey cement Work is in progress as per schedule - Rs.2544 Dec’22 Expansion at plant of 4 MnTPA • Panna - Cement Grinding & Packing System has crores Panna (IU) & WHR pow
Slide 17: Expansion Plans: Increase in Cement Capacity by 5.5 MTPA
Expansion Plans Increase In Cement Capacity by 5.5 MTPA A) Existing Units – The Cement capacity of Mangrol , Muddapur , Jharli & Aligarh Units would be increased by 0.5 MTPA each by various modifications .Thus overall capacity of existing units would be increased by 2 MTPA i.e. from 14.67 MTPA to 16
Slide 18: Panna (IU) - Commissioning of Cement Grinding & Packing System
Panna (IU) - Commissioning of Cement Grinding & Packing System on 2nd Nov’22 by Honourable Chief Minister of M.P Shri Shivraj Singh Chauhan
Slide 19: First Dispatches of Grey Cement from Panna (IU)
First Dispatches of Grey Cement from Panna (IU) on 2nd Nov’22
Slide 20: Financial Highlights – Quarterly
Financial Highlights – Quarterly Particulars Q2FY23 Q1FY23 QOQ Sales Volume (Lakhs M.T)* 36.44 35.61 2% Net Sales (Rs. Cr) 2088.93 2122.38 2% EBITDA (Rs. Cr) 302.60 404.89 25% EBITDA Margin 14.49% 19.08% 24% EBITDA (Rs. M.T) 831 1137 27% * Include Clinker Sale
Slide 21: Financial Highlights – Quarterly
Financial Highlights – Quarterly Particulars Q2FY23 Q2FY22 YOY Sales Volume (Lakhs M.T)* 36.44 33.31 9% Net Sales (Rs. Cr) 2088.93 1801.16 16% EBITDA (Rs. Cr) 302.60 359.31 16% EBITDA Margin 14.49% 19.95% 27% EBITDA (Rs. M.T) 831 1079 23% *Include Clinker Sales
Slide 22: Financial Highlights – Q2FY23 vs Q1FY23
Financial Highlights – Q2FY23 vs Q1FY23 Particulars (Rs. Cr.) Q2FY23 Q1FY23 QOQ Revenue from Operations 2142 2166 1% Other Income 23 22 3% Operating Expenses 1845 1766 4% Depreciation 90 90 - Finance Cost 62 62 1% Profit Before Tax 167 271 38% Provision for Tax 42 90 53% Profit After Tax 125 181 31%
Slide 23: Financial Highlights – Q2FY23 vs Q2FY22
Financial Highlights – Q2Y23 vs Q2FY22 Particulars (Rs. Cr.) Q2FY23 Q1FY22 YOY Revenue from Operations 2142 1836 17% Other Income 23 48 52% Operating Expenses 1846 1507 22% Depreciation 90 69 31% Finance Cost 62 59 6% Profit Before Tax 167 249 33% Provision for Tax 42 80 47% Profit After Tax 125 169
Slide 24: Financial Highlights – H1FY23 vs H1FY22
Financial Highlights – H1FY23 vs H1FY22 Particulars (Rs. Cr.) H1FY23 H1FY22 YOY Revenue from Operations 4308 3469 24% Other Income 45 75 40% Operating Expenses 3611 2741 32% Depreciation 180 134 34% Finance Cost 124 115 8% Profit Before Tax 438 554 21% Provision for Tax 132 177 26% Profit After Tax
Slide 25: Debt profile – Standalone
Debt profile –Standalone Particulars As on 30th Sep’ 22 As on 31st March 22 Gross Debt (Rs./Cr) 2686 2850 Cash (Rs./Cr) 977 1244 Net Debt (Rs/Cr) 1709 1606 Net Debt /EBITDA 1.15 1.05 Equity (Rs./Cr) 4444 4252 Net Debt/Equity 0.38 0.38
Slide 26: Debt profile – Consolidated
Debt profile –Consolidated Particulars As on 30th Sep’ 22 As on 31st March 22 Gross Debt (Rs./Cr) 3953 3434 Cash (Rs./Cr) 1014 1284 Net Debt (Rs/Cr) 2939 2150 Equity (Rs./Cr) 4444 4252 Net Debt/Equity 0.66 0.51
Slide 27: Thank You
Thank You