National Aluminium Co. Ltd. · NSE:NATIONALUM

National Aluminium — Investor Presentation (June 2013)

37 slides from National Aluminium's investor presentation, June 2013

  1. Slide 1: National Aluminium Company Limited Investor Presentation

    National Aluminium Company Limited Integrated operations : Bauxite – Alumina – Aluminium – Power Investor Presentation

  2. Slide 2: Spectrum of Operations

    SPECTRUM OF OPERATIONS Bauxite Mine Alumina Refinery Panchpatimali Damanjodi § 8TH LARGEST BAUXITE DEPOSIT IN THE • 2.1 MTPA CAPACITY WORLD. • SPL. HYDRATES, SPL. ALUMINA AND § LOW ENERGY CONSUMPTION. ZEOLITE. § 6.3 MTPA CAPACITY- BEING EXPANDED TO • CO-GENERATION POWER OF 74 MW FROM 6.8 MTPA PROCES

  3. Slide 3: Spectrum of Operations

    SPECTRUM OF OPERATIONS Aluminium Smelter Thermal Power Plant Port facility Angul Angul Vizag • CAPACITY 0.46 MTPA • CAPACITY: 1200 MW . • CAPACITY TO HANDLE • TECHNOLOGY FROM RTA. • ADVANCED ELECTROSTATIC SHIPS UPTO 40,000 DWT. • AMONG LOW COST PRECIPITATOR (99.9% • MECHANIZED MOBILE PRODUCERS. EFFI

  4. Slide 4: Spectrum of Operations: Wind Power Plant

    SPECTRUM OF OPERATIONS Wind Power Plant Andhra Pradesh • CAPACITY: 50.40 MW • POWER PURCHASE AGREEMENT SIGHNED WITH APSPDCL • COMMISSIONED IN DEC’2012 4

  5. Slide 5: Production

    PRODUCTION Q-1 Q-2 Q-3 Q-4 FY-12-13 FY-11-12 FY-12-13 FY-12-13 FY-12-13 FY-12-13 Bauxite (MT) 1,141,838 1,220,369 1,189,959 18,67,225 5,419,391 5,002,626 Alumina Hydrate (MT) 476,300 397,500 396,500 5,31,700 1,802,000 1,687,000 Aluminium (MT) 102,841 102,274 100,207 98,062 403,384 413,089 Electricit

  6. Slide 6: Sales

    SALES Q -1-12-13 Q -2-12-13 Q -3-12-13 Q-4-12-13 FY-12-13 FY-11-12 Alumina – Export (MT) 242,731 182,895 212,794 305,697 944,117 792,552 Alumina – Domestic (MT) 10,399 10,897 8,118 11,191 40,605 50,253 Aluminium - Export (MT) 35,459 30,923 39,466 38,313 144,161 98,399 Aluminium - Domestic (MT) 66,73

  7. Slide 7: Summary Financials (Rs. In crore)

    Summary Financials (Rs. In crore) Quarter Ended Year Particulars Jun’12 Sep’12 Dec’12 Mar’13 12-13 11-12 Net Sales 1,718 1,586 1,670 1,835 6,809 6,500 Other Op. Income 30 22 23 32 107 111 Other Non Op. Income 140 139 112 119 511 542 Total Income 1,888 1,747 1,805 1,986 7,427 7,153 Less : Operating C

  8. Slide 8: Average Realisations

    AVERAGE REALISATIONS Particulars Q -1-12-13 Q -2-12-13 Q -3-12-13 Q -4-12-13 FY-12-13 FY-11-12 Alumina Export (US$) 341 310 322 338 330 374 Metal Export (US$) 2,191 2,102 2,210 2,281 2,191 2,434 Metal Domestic (Rs.) 123,135 128,431 129,244 128,014 127,164 120,301 Av. Exch. Rate (INR/US$) 54.34 55.03

  9. Slide 9: Break up of Total Expenses

    Break up of Total Expenses Rs. In Crore Particulars Jun’12 Sep’12 Dec’12 Mar’13 FY-12-13 FY-11-12 Raw Materials 316 291 264 296 1,168 1,031 Power & Fuel 605 753 585 489 2,432 2,197 Staff Expenses 283 296 290 285 1,154 1,035 Other Expenses 310 308 337 366 1,320 1,223* Stock Adjustments (70) (38) 35 0

  10. Slide 10: Cost Break Up Financial Year 2012-13

    COST BREAK UP FINANCIAL YEAR – 2012-13 Total Cost (Rs.6,522 crore) Depreciation, 505, 8% Raw Materials, 1168, 18% Other Expenses, 1263, 19% Employee Cost, 1154, Power & Fuel, 2,432, 18% 37% 10

  11. Slide 11: Cost Break Up Financial Year 2011-12

    COST BREAK UP FINANCIAL YEAR 2011-12 Total Cost (Rs.5,957 crore) Power & Fuel 38%, 2,197, , Raw Materials , Employee Cost 17%, 1031 17%, 1035 , Depreciation , 467 8% , Other Expenses 21%, 1227 Other Expenses includes stock adjustments and interest 11

  12. Slide 12: Movement of LME and Exchange Rate

    MOVEMENT OF LME AND EXCHANGE RATE 2,500 56 2,318 55.03 54.37 54.34 54.32 54.01 54 1,977 2,002 2,001 1,976 2,000 1,922 52 1,500 50 1,000 47.95 48 500 46 0 44 FY-11-12 Q1-FY13 Q2-FY13 Q3-FY13 Q4-FY13 FY-12-13 Average LME Average Ex.Rate per $ 12

  13. Slide 13: Profit After Tax

    PROFIT AFTER TAX Rs. in Crore 850 593 377 282 246 223 139 119 51 5 Q1-FY13 Q1-FY12 Q2-FY13 Q2-FY12 Q3-FY13 Q3-FY12 Q4-FY13 Q4-FY12 FY-12-13 FY-11-12 13

  14. Slide 14: Financials (Previous Five Years)

    FINANCIALS Figures in `. Crore 1 Crore=10 Million ( PREVIOUS FIVE YEARS) 8000 5959 6500 6809 2500 Net Sales 5055 6000 5108 2000 LME 2227 2318 1976 1500 `. Crore 4000 1862 2227 USD/T 1000 2000 500 0 0 2009 2010 2011 2012 2013 PAT 1272 EPS 1069 814 849 593 4.94 4.15 3.16 3.30 2.30 2009 2010 2011 2012

  15. Slide 15: Comparative Financial Performance Highlights (FY13 vs FY12)

    COMPARATIVE FINANCIAL PERFORMANCE HIGHLIGHTS (FY–2012-13 Vs FY-2011-12) v Net sales up by Rs.309 crore (05%). v Other income down by Rs.35 crore (5%). v Total income up Rs.274 crore (04%). v Operating cost up by Rs 544 crore (10%). v Depreciation up by Rs.39 crore (08%). v Profit after tax down by R

  16. Slide 16: Comparative Financial Performance Highlights (Q4 FY13 vs Q4 FY12)

    COMPARATIVE FINANCIAL PERFORMANCE HIGHLIGHTS (Q4 FY-13 vis-à-vis Q4 FY-12) v Net sales is up by Rs.82 crore(05%) v Other income down by Rs.40 crore(21%). v Total income up by Rs.42crore (02%). v Operating cost down by Rs.33 crore(02%). v Depreciation up by Rs.13 crore(10%). v Profit after tax down b

  17. Slide 17: Comparative Financial Performance Highlights (Q4 FY13 vs Q3 FY13)

    COMPARATIVE FINANCIAL PERFORMANCE HIGHLIGHTS (Q4 FY-13 vis-à-vis Q3 FY-13) v Net sales up by Rs.165 crore(10%) v Other income up by Rs.16 crore(12%). v Total income up by Rs.181 crore (10%). v Operating cost down by Rs.65 crore(04%). v Depreciation up by Rs.13 crore (11%) v Profit after tax up by Rs

  18. Slide 18: Major Factors Influencing Results

    MAJOR FACTORS INFLUENCING RESULTS REVENUE : Ø Increase in average realization due to exchange rate Ø Effective sales price is lower due to lower LME Ø Increase in Alumina Volume Ø Lower Metal sale COST : Ø Increase in Input Prices. Ø Power purchase at Higher cost Ø Use of coal from alternate source

  19. Slide 19: Material Rates (Unit Price)

    MATERIAL RATES (Unit Price) Particulars Unit Financial Year % Change 2012-13 2011-12 Caustic Soda MT 29,646 25,613 16% Lime MT 6,971 6,197 12% C.P. Coke MT 25,170 26,778 - 06% CT Pitch MT 43,708 32,837 33% Al. Fluoride MT 95,821 75,314 27% Fuel Oil - HFO (Ref) KL 40,345 36,490 11% Coal – (CPP) MT 1,

  20. Slide 20: Financial Ratios

    FINANCIAL RATIOS RATIOS(ANNUALISED) Financial Year 2012-13 2011-12 Gross Margin/Gross Block % 10 12 Gross Profit to Capital Employed % 09 11 Net Profit/ Net Worth % 05 07 Net Profit/Net Sales % 09 13 Return on Capital Employed % 06 08 Earning Per Share Rs 2.30 3.30 Book Value per Share Rs 46.30 45.4

  21. Slide 21: Growth Initiatives

    GROWTH INITIATIVES 21

  22. Slide 22: To Be a Reputed Global Company in the Metals and Energy Sectors

    TO BE A REPUTED GLOBAL COMPANY IN THE METALS AND ENERGY SECTORS Alumina 2.10 MTPA 4.40 MTPA Aluminium 0.460 MTPA 1.730 MTPA Power 1200 MW 5000 MW 22

  23. Slide 23: Options for Growth

    OPTIONS FOR GROWTH BROWNFIELD EXPANSION GREENFIELD GROWTH- INDIA & ABROAD DIVERSIFICATION UP & DOWNSTREAM INTEGRATION 23

  24. Slide 24: Brownfield Expansion

    BROWNFIELD EXPANSION a eREFINERY eSMELTER

  25. Slide 25: Expansion of Refinery

    EXPANSION OF REFINERY ® 5TH Stream of 1 Million MT(Total Capacity – 3.3 Million MTPA) ® Investment – ` 4,570Crore ® Bauxite need of Refinery Available ® Draft DPR is under scrutiny BAUXITE NEED OF REFINERY MILLION TONNES PERIOD REFINERY ANNUAL TOTAL CAPACITY BAUXITE BAUXITE CONSUMPTION CONSUMPTION F

  26. Slide 26: Bauxite Reserves

    BAUXITE RESERVES FIGURES IN MILLION TONNES MINE 2013 LEVEL CUM PANCHPATMALI 151 151 POTTANGI 65 216 MINE STATUS LIFE UPTO PANCHPATMALI OPERATING 2036 WITH POTTANGI OPERATION FROM 2036 2017 REQUIREMENT TILL YEAR 2036 - 218 MILLION TONNES 26

  27. Slide 27: Expansion of Smelter & CPP

    EXPANSION OF SMELTER & CPP UPGRADATION OF SMLETER TO 220 KA AT ANGUL SMELTER Ø Capacity Addition: 107,000 TPY Ø Investment : Rs.900 Crore Ø Up gradation to higher Amperage & other options being considered. CPP Ø Capacity Addition : 2 x 250 = 500 MW Ø Project Cost : Rs.2,700 Crore Ø EIA/EMP study on

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  29. Slide 29: Investment - India

    INVESTMENT- INDIA OPTIONS PLANTS INVESTMENT (IN `. CRORE) A CAPTIVE COAL UTKAL E-COAL BLOCK- 338 BLOCK-ODISHA 2MTPA B REFINERY - Gujarat Refinery Capacity – 1MTPA 4,065 C SMELTER - Odisha POWER – 1260 MW 16,345 SMELTER – 0.5 MTPA D MINES & REFINERY- MINE – 4.20MTPA Andhra Pradesh REFINERY – 1.4 MTPA

  30. Slide 30: Utkal E-Coal Block at Odisha

    UTKAL E-COAL BLOCK AT ODISHA v Environmental clearance received in Dec’2009 v Prior approval for mining lease received in Jun’2011 from MoC v Disbursement of land compensation since April’2012 v Order placed for construction of R&R colony. v Forest clearance and appointment of MDO in progress. v EOI

  31. Slide 31: Alumina Refinery at Gujarat

    Alumina Refinery at Gujarat v Project Office opened in Ahmadabad v Representative sample study of bauxite has been over 80%. v GMDC has proposed to hold 26% stake in equity of the project. v Commitment on Bauxite, Jetty and power required for the project received from GMDC. v DPR under preparation.

  32. Slide 32: Smelter and CPP in Odisha

    Smelter and CPP in Odisha v State High Level Clearance Authority has approved the proposal. v Re validated Pre Feasibility Report is under Examination v Draft Site selection study and preliminary land survey report is under study. v Application for allocation of coal block has been submitted to Mini

  33. Slide 33: Other Projects Being Explored

    OTHER PROJECTS BEING EXPLORED Ø Caustic soda plant (2 lakh MTPA) § DPR is under preparation by GACL(JV partner) § Estimated investment cost 600-800 crore Ø Aluminium Conductor Plant § MOU signed with PGCIL to set up a JV § Draft Techno Economic Feasibility Report submitted by Consultant. § Site sele

  34. Slide 34: Diversification

    DIVERSIFICATION Nuclear Power Plant RENEWABLE POWER PROJECTS 34

  35. Slide 35: Nuclear Power Plant - JV with NPCIL

    NUCLEAR POWER PLANT-JV WITH NPCIL 1400 MW NUCLEAR POWER PLANT -JV WITH NPCIL ESTIMATED INVESTEMENT: ` 11,459 CRORE § MOU SIGNED WITH NPCIL § PROJECT IDENTIFIED (KAKRAPAR 3&4 UNIT) § JV COMPANY FORMED § COMMENCEMENT OF BUSINESS CERTIFICATE RECEIVED. § CLEARANCE AWAITED FOE PARTICIPATION OF OTHER PSUs

  36. Slide 36: Renewable Power Projects

    RENEWABLE POWER PROJECTS Wind Power : 98 MW (2 Plants) Ø 1ST 50.40 MW plant commissioned at AP. Ø Investment Rs.274 Crore. Ø 2nd plant with capacity 47.60 MW plant under progress at Rajasthan Ø Investment Rs.283 crore Wind Power Plant At Damanjodi Ø Proposal for 3 rd Wind power Plant at Mined out ar

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