Graphite India Limited · NSE:GRAPHITE
Graphite India — Q4 FY2023 Earnings Presentation
19 slides from Graphite India's earnings presentation, May 30, 2023
Slide 1: Stock exchange filing cover letter
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Slide 2: Q4 and FY2023 Earnings Presentation
NSE: GRAPHITE, BSE: 509488 Q4 and FY2023 Earnings Presentation May 30, 2023
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 - Consolidated
Executive Summary - Consolidated Q4 and Full Year FY2023 Consolidated Financial Performance o Net Sales of Rs. 3,181 Crores, up by 5.1% y-o-y FY2023 o EBITDA of Rs. 520 Crores* with margin of 16.3% o Gross Debt of Rs. 425 Crores Balance Sheet Profit and Loss o Net Profit of Rs. 199 Crores o Cash (Ne
Slide 5: Executive Summary - Standalone
Executive Summary - Standalone Q4 and Full Year FY2023 Standalone Financial Performance o Net Sales of Rs. 727 Crores, an increase of o Net Sales of Rs. 2,913 Crores, up by 4.1% y-o-y 8.7% q-o-q FY2023 o EBITDA of Rs. 606 Crores* with margin of 20.8% Q4 FY2023 o EBITDA of Rs. 93 Crores with margin o
Slide 6: Chairman's Message
Chairman’s Message “During FY2023, Graphite India delivered Consolidated Net sales of Rs. 3,181 Cr, a growth of 5.1%, EBITDA, before one time expense is Rs. 520 Cr and Net Profit of Rs. 199 Cr. The consolidated capacity utilization during the year was 55% as compared to 81 % in FY2022. Performance d
Slide 7: Steel Industry Overview
Steel Industry Overview Crude Steel Production Three Months Ended Year Ended (million MT) Mar-23 Mar-22 Y-o-Y (%) Dec-22 Q-o-Q (%) 2022 2021 Y-o-Y (%) Asia and Oceania 345.6 332.9 3.8% 313.6 10.2% 1,351.3 1,382.0 (2.2)% India 33.2 31.9 4.1% 31.5 5.4% 124.7 118.2 5.5% China 261.6 243.4 7.5% 232.2 12.
Slide 8: Steel Industry Outlook and Dynamics
Steel Industry Outlook and Dynamics Q1 CY2023 Steel Production (1) ▪ As per the World Steel Association (WSA) global crude steel production was 459.3 Mt in Q1 CY2023, an increase of 0.1% y-o-y and 7.5% on q- o-q basis. Global crude steel production excluding China declined by 8.3% on y-o-y and incre
Slide 9: Graphite Electrode Industry
Graphite Electrode Industry ▪ The growing demand for infrastructure and consumer goods has driven the growth of steel production. Additionally, the trend towards urbanization has further boosted the steel demand. However, fluctuations in the global economy and trade tensions can impact the steel dem
Slide 10: Consolidated Financial Performance
Consolidated Financial Performance Q4 y-o-y Q3 q-o-q Full Year Ended y-o-y (Rs. Crore) FY2023 FY2022 Growth (%) FY2023 Growth (%) FY2023 FY2022 Growth (%) Comments Net Sales 815 844 (3.4%) 701 16.3% 3,181 3,026 5.1% (Excluding Other Income) Other Income 5 71 (93.0%) 33 (84.8%) 133 294 (54.8%) Y-o-Y
Slide 11: Standalone Financial Performance
Standalone Financial Performance Q4FY23 y-o-y Q3FY23 q-o-q Year Ended y-o-y Growth Growth Growth (Rs. Crore) FY2023 FY2022 FY2023 FY2023 FY2022 Comments (%) (%) (%) Net Sales 727 767 (5.2%) 669 8.7% 2,913 2,799 4.1% Excluding Other Income Other Income 7 74 (90.5%) 39 (82.1%) 133 279 (52.3%) Y-o-Y Sa
Slide 12: Annual Performance Trends
Annual Performance Trends Consolidated Standalone 7,858 6,737 Net Sales 3,094 3,026 3,181 2,875 2,799 2,913 1,958 1,839 FY19 FY20 FY21 FY22 FY23 FY19 FY20 FY21 FY22 FY23 67% 65% Operating Profit 5,233 25% 29% 14% 4,403 6% 18% 18% 3% 2% 803 769 445 531 95 111 62 322 FY19 FY20 FY21 FY22 FY23 FY19 FY20
Slide 13: Quarter Performance Trends
Quarter Performance Trends Consolidated Net Sales Standalone Net Sales 767 727 844 815 669 701 Q4FY22 Q3FY23 Q4FY23 Q4FY22 Q3FY23 Q4FY23 Consolidated Operating Profit / (Loss) Standalone Operating Profit / (Loss) 159 181 97 134 67 93 19% 24% 14% 20% 8% 13% Q4FY22 Q3FY23 Q4FY23 Q4FY22 Q3FY23 Q4FY23 N
Slide 14: Quarter Performance Trends
Quarter Performance Trends Consolidated Net Profit / (Loss) Standalone Net Profit / (Loss) 95 122 92 53 11% 16% 56 14% 8% 29 8% 4% Q4FY22 Q3FY23 Q4FY23 Q4FY22 Q3FY23 Q4FY23 Consolidated Capacity Utilization Standalone Capacity Utilization 76% 92% 55% 61% 42% 49% Q4FY22 Q3FY23 Q4FY23 Q4FY22 Q3FY23 Q4
Slide 15: Leverage Profile
Leverage Profile Significant financial flexibility available for future organic and inorganic growth Consolidated Leverage Profile Standalone Leverage Profile (Rs. Crore) Mar- 23 Dec- 22 Sept- 22 June- 22 Mar- 22 (Rs. Crore) Mar- 23 Dec- 22 Sept- 22 June- 22 Mar- 22 Cash & Cash Cash & Cash 2,356 2,3
Slide 16: Annual Segment Performance
Annual Segment Performance Consolidated Segment Performance Standalone Segment Performance Full Year y-o-y Full Year y-o-y (Rs. Crore) FY2023 FY2022 Growth (%) (Rs. Crore) FY2023 FY2022 Growth (%) Graphite and Carbon 2,946 2,808 4.9% Graphite and Carbon 2,679 2,619 2.3% Others 236 219 7.8% Others 23
Slide 17: Quarterly Segment Performance
Quarterly Segment Performance Consolidated Segment Performance Standalone Segment Performance Q4 y-o-y Q3 q-o-q Q4 y-o-y Q3 q-o-q Growth Growth Growth Growth (Rs. Crore) FY2023 FY2022 FY2023 (Rs. Crore) FY2023 FY2022 FY2023 (%) (%) (%) (%) Graphite and Carbon 763 790 (3.4)% 650 17.4% Graphite and Ca
Slide 18: Graphite India - At a Glance
Graphite India - At a Glance Company Background Industry Graphite India is the largest Indian producer The Company’s strategy is to become further Graphite electrodes are used in electric arc furnace (“EAF”) of graphite electrodes and one of the largest vertically integrated, continue its penetratio
Slide 19: 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