Lloyds Metals & Energy Ltd. · NSE:LLOYDSME
Lloyds Metals & Energy — Q1 FY24 Earnings Presentation
31 slides from Lloyds Metals & Energy's earnings presentation, August 2023
Slide 1: Investor Presentation August 2023
[ JLLOYDS METALS Investor Presentation August 2023
Slide 2: Snapshot
Snapshot Iron Ore mine with High Grade Iron ore extractable reserves of Total Lease area 348.09 Mines on allocation basis deposit comprises of Current production 180mnt + 550mnt BHQ Hectare with a mining hence no premium to be Hematite in Maharashtra capacity of iron ore at 10 (preliminary) period o
Slide 3: Company Overview
Company Overview • Lloyds Metals and Energy Limited (LMEL) is a metals and mining company engaged in mining iron ore, manufacturing sponge iron and generating power. Total Income (INR Mn) & EBITDA Margins (%) • The company was founded in 1977 by Mr R.N Gupta, Mr Mukesh Gupta, Mr B.L. Agarwal and Mr
Slide 4: Key Milestones
Key Milestones Reached 100% mining capacity of 3 MMTPA and Received environmental clearance to The Group LMEL signed The Group mine 10MMTPA started LMEL enhanced MDO MOU started India’s LMEL Listed ON NSE India’s 2nd DRI capacity to with Thriveni galvanizing line 2nd Hot Rolling commissioned 2,70,00
Slide 5: Current Business Overview
Current Business Overview Picture Picture Picture Iron Ore Mining Intermediate Steel Captive Power Iron Ore Direct Reduced Iron Power Generation Capacity : 10 MMTPA 350 KTPA 35 MW DRI Plant Mining lease Ghugus, Chandrapur District Power Generation Surjagarh Village, Gadchiroli District Ghugus, Miner
Slide 6: Strategically Located Facilities
Strategically Located Facilities Gorakhpur Madhya Pradesh Gujarat Maharashtra Chhattisgarh Iron Ore Mine Odisha Karnataka Telangana Tirupati Bilsarika Sponge Reactive Metals Kumar Meta Corp Iron Pvt Ltd. Pvt Ltd. Ltd. The Surjagarh Iron Ore Mine (SIOM) is strategically located at the centre of India
Slide 7: Current Integrated Operations
Current Integrated Operations Iron Mine District Map of District Map of Chandrapur Gadchiroli Lumps DRI DRI Kilns, Ghugus Mining Surajgarh (Direct Reduced Iron) Mines Konsari Ghugus Hedri Iron ore DRI Kilns, Konsari DRI fines for sale (Direct Reduced Iron) Iron Ore Mining at Hedri, Surjagarh DRI Pla
Slide 8: Accolades of Safety and Sustainability
Accolades of Safety and Sustainability Lloyds Metals and Energy Ltd Iron Ore Mine at Surjagadh Received 5 Star Rating from Indian Bureau of Mines. Surjagadh, India. This prestigious rating is a recognition of LMEL's commitment to safety, environmental protection, and productivity. Comments by Mr. B
Slide 9: Mining Operations
Mining Operations Mined 3.8 MTPA in the first quarter of FY24. Mined Current 3.8 MTPA bandwidth in the in is already placefirst quarter to mine of 10 up to FY24. MTPA. Current The Board bandwidth in Q1FY24 has alreadyand considered in place to mine approved for upto 10forMTPA application EC to enhan
Slide 10: Ongoing CAPEX at Konsari Plant
Ongoing CAPEX at Konsari Plant Construction work is in full swing, with Civil work being done. Expected commissioning – H1 FY24 A new greenfield project is expected to be commissioned within 16 months ending H1fY24, which proves speedy project execution www.lloyds.in 10
Slide 11: Expansion Plans towards Complete Integration
Expansion Plans towards Complete Integration Surajgarh Mines 2023 : Iron ore - 3MMTPA 2023 : DRI Plant - 2,70,000 MTPA 2023:30 MW CPP Powerplant 2024: DRI Plant - 3,50,000 MTPA 2024: 35 MW CPP 2024 : Iron ore – 10 MMTPA 2026: DRI Plant - 6,72,000 MTPA 2026: 100 MW CPP Lumps and Fines from our Mines
Slide 12: Strategic Advantages & Expansion Prospects
Strategic Advantages & Expansion Prospects www.lloyds.in 12
Slide 13: Many Firsts to us, More to Come
Many Firsts to us, More to Come #First …to Start Iron Ore Mine in Gadchiroli …To export Iron Ore from the State of #First Maharashtra #First …to have dispatches directly from Depot to customer’s location PAN India #First …To begin setting up a slurry pipeline in Western India www.lloyds.in 13
Slide 14: Key Strengths - We call it MOAT
Key Strengths- We call it “MOAT” Rich Mine Via Reserves Allocation Debt Free Allocated Mines Debt Free Rich Reserves Making Lloyds’ cost- High-quality iron ore with Standing Strong during competitive against the very low Silica and Alumina volatility making us more mines which are content. 180Mn+ to
Slide 15: An Ecosystem of lower costs and Efficient capital Allocation
An Ecosystem of lower costs and Efficient capital Allocation ▪ Iron ore costs remain stable irrespective of volatility In the global Captive Lowest Cost scenario, safeguarding margins. Raw Producer ▪ Mine life till 2057 with Normal royalty rates (no premium royalty) to Material keep cost structure c
Slide 16: Value Creation - Focussed on RoIC
Value Creation - Focussed on RoIC Captive Iron Ore aids lower Controlled Cost Of Production. . Lower Costs Lower Logistics cost- Rationalising freight & costs via a slurry pipeline Rationalised Capex Our capital allocation strategy of utilising Efficient capital allocation -Internal accruals & our s
Slide 17: What Sustainability Means to Us
Sustainability – Ipso Facto Sustainable Profits, Governance & Environment A Sustainable Sustainable Governance Environment with Responsible Behaviour • Equitable distribution among all the stakeholders • Limiting Carbon Emissions by • Consistent benchmarking of relying on alternate transport the bes
Slide 18: Sustainable Business Practices
Sustainable Business Practices World Nature Conservation Day As part of our CSR initiative, we at LIF celebrated World Nature Conservation Day with 500- 550 students from three schools in Ghugus and Mhatardevi. The event aimed to raise awareness and promote environmental sustainability among the you
Slide 19: Sustainable Business Practices
Sustainable Business Practices Water Tanker Distribution In line with our commitment to empower our community LIF addressed the issue of water scarcity in Ghugus and nearby villages by providing two tankers of drinking water, each carrying 8000 liters. We alleviated the hardships faced by citizens i
Slide 20: Financial Overview
www.lloyds.in Financial Overview 20
Slide 21: Q1-FY24 Consolidated Highlights
Q1-FY24 Consolidated Highlights Company • Revenue for Q1-FY24 stood at INR 19,774 Mn, higher by 131% YoY and 121% QoQ. An all-around better performance led to such higher Revenue. Both DRI & Mining reported substantial volume growth on YoY & QoQ basis. Q1-FY24 Financial Performance • EBITDA for Q1-F
Slide 22: Q1-FY24 Highlights
Q1-FY24 Highlights Other Highlights: ▪ The Board Considered and approved the following appointment i) Mr Soundrarajan Venkateswaran as an Additional Executive Director (Non-Promoter and Non-Independent) of the Company w.e.f. 08th August 2023 ii) Mr Rajesh Gupta as the Managing Director of the Compan
Slide 23: Management Commentary
Management Commentary Further commenting on overall performance, Mr Mukesh Gupta – Chairman, said: “Q1FY24 is a perfect start to FY24. The Q1FY24 has been robust, with our company embracing solid growth and setting new records across key performance indicators. Going ahead Forward, integration into
Slide 24: Quarterly Product-Wise Performance
Quarterly Product-Wise Performance Iron Ore DRI & Power 32.49% 17,189 2,613 26.80% 2,047 28.97% 1,975 30.40% 20.08% 6,526 7,001 18.51% 4,607 794 2,121 593 1,406 366 Q1-FY23 Q4-FY23 Q1-FY24 Q1-FY23 Q4-FY23 Q1-FY24 Revenue EBIT EBIT Margins Revenue (INR Mn) EBIT (INR Mn) EBIT Margins (%) Iron Ore DRI
Slide 25: Quarterly Consolidated Financial Performance
Quarterly Consolidated Financial Performance Particulars (INR Mn) Q1-FY24 Q1-FY23 Y-o-Y Q4-FY23 Q-o-Q Total Income 19,774 8,553 131% 8,957 121% Total expenses 14,297 5,808 146% 7,117 101% EBIDTA 5,477 2,745 100% 1,840 198% EBIDTA Margins (%) 27.70% 32.09% (439) Bps 20.54% 716 Bps Depreciation and am
Slide 26: Consolidated Historical Income Statement
Consolidated Historical Income Statement Particulars (INR Mn) FY21 FY22 FY23 Q1-FY24 Total Income 2,733 7,273 34,667 19,774 Operating Expenses 2,425 5,520 25,820 14,297 EBIDTA 308 1,753 8,847 5,477 EBIDTA Margins (%) 11.26% 24.10% 25.52% 27.70% Depreciation and amortisation expenses 139 180 230 75.7
Slide 27: Consolidated Historical Balance Sheet
Consolidated Historical Balance Sheet Particulars (INR Mn) FY21 FY22 FY23 Particulars (INR Mn) FY21 FY22 FY23 Equity 1,821 4,816 15,290 Non-Current Assets 4,660 5,149 10,793 (a) Equity Share Capital 253 370 505 (a) Property, Plant and Equipment 3,609 3,991 4,746 (b) Other Equity 1,568 4,446 14,785 (
Slide 28: Consolidated Historical Financial Highlights
Consolidated Historical Financial Highlights Operational Income (INR Mn) EBITDA (INR Mn) & EBITDA Margins (%) Adj PAT (INR Mn) 10,000 33,923 8,847 9,000 27.70% 9,855 8,000 25.52% 7,000 20.86% 19,774 6,000 5477 5,000 4,000 4,032 3,000 6,975 1,455 1,487 2,000 109 2,534 1,000 4.29% 1 - FY21 FY22 FY23 Q
Slide 29: Capital Market Information
Capital Market Information 1 YEAR SHARE PRICE MOVEMENT (Upto 30th June 2023) 200% 150% 100% 50% 0% -50% Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Lloyds Sensex Price Data (As on 30th June 2023) INR Shareholding Pattern (As on 30th June, 2023) Face Value 1.0
Slide 30: Disclaimer
Disclaimer Lloyd’s Metals & Energy Limited (LMEL) Disclaimer: No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and
Slide 31: Thank You
www.lloyds.in Thank You 31
Lloyds Metals and Energy — Q1 FY24 Earnings Presentation on 6ix