J.k. Cement Ltd. · NSE:JKCEMENT

J.k. Cement — Q1 FY2025 Earnings Presentation

27 slides from J.k. Cement's earnings presentation, Jul 20, 2024

1. Slide 1: Outcome of the Board Meeting - Corporate Investor Presentation for Q1 FY2025

   JKCL/35/SE/2024-25 (BM-4/24) 20th July, 2024 BSE Ltd. National Stock Exchange of India Ltd., Corporate Relationship Department, Exchange Plaza, Bandra Kurla Complex, Phiroze Jeejeebhoy Towers, Bandra (E), Mumbai-400051 Dalal Street, Fort, Mumbai-400001 Scrip Code: JKCEMENT (ISIN.INE Scrip Code:53264

2. Slide 2: Investor Presentation Q1 FY25

   Investor Presentation Q1 FY25

3. Slide 3: Agenda

   Agenda 1 ESG & CSR Performance 2 Company Overview 3 Q1 FY25 Performance

4. Slide 4: ESG & CSR

   ESG & CSR

5. Slide 5: Key ESG Metrics and Sustainability Goals

   Key ESG Metrics and Sustainability Goals Shaping a sustainable future CO2 Emission Green Power Mix Thermal Substitution Rate Water Positivity (Kg/Ton of Cementitious Material) (%) (%) ( in Times) 512 51 16.3 4.5 FY24 Q1FY25 527 57 17.3 4.5 465 75 35 5 Target FY30 Specific Net Scope 1 emission Green

6. Slide 6: Social Impact & CSR Outreach

   Social Impact & CSR Outreach Building resilient communities Social & CSR Expenditure YTD June’24 ₹ 7.90 Cr 56% 11% 33% Education Rural Infrastructure & Health Community Development Contribution for upliftment of society & eradication of poverty Promoting higher education & Construction over 1.29 Lak

7. Slide 7: Social Impact & CSR Outreach (contd.)

   Social Impact & CSR Outreach (contd.) Health Camp organized at Muddapur Mobile Health unit at Nimbahera Renovation of Primary School in Gotan Construction of ITI at Panna Construction of Borewell in Balasinor Women Skill Development Programme RO Installation at Aligarh Construction of School Toilet

8. Slide 8: Company Overview

   Company os Overview yd

9. Slide 9: Company Snapshot (Standalone)

   Company Snapshot (Standalone) Building on a strong foundation 24.34 MTPA 3.05 MTPA 77.50 MW Paint Portfolio- Growing Grey Cement Capacity White Cement & Wall Putty Capacity Coal Based Captive Power Capacity boundaries for (Includes 0.64 MTPA in Subsidiary) (Includes 0.60 MTPA in Subsidiary) Paints B

10. Slide 10: Split Grinding Unit at Prayagraj

    Journey for 30 MTPA by FY 26 ….. A) Split Grinding Unit at Prayagraj Clinker Silo Hopper & Cement Mill Status Update Capex YTD June’24 2.0 MTPA ▪ Commissioned and Commercial Grey Cement Capacity dispatches started on 25th June’24 ₹ 321 Cr 9

11. Slide 11: Expansion - Progress on Track

    Expansion - Progress on Track… B) 6 MTPA Grey Cement Capacity Expansion – Raw Material Section Clinker Silo Slab Casting 10

12. Slide 12: Expansion - Progress on Track (Panna, Hamirpur, Bihar)

    Expansion - Progress on Track… i ) 3.3 MTPA Grey Clinker at Panna & 3.0 MTPA Cement Capacity at Panna, Hamirpur & Prayagraj (1 MTPA at each location) ❑ Order for main machinery, civil and mechanical contractor’s finalized. ❑ Construction is progressing as per schedule. ❑ Capex YTD June’24 - ₹ 95 Cr

13. Slide 13: Business Performance Highlights - Q1FY25

    Business Performance Highlights –Q1FY25 ❖ Grey Cement Sales Volume grew at 6% YOY ❖ Central India expansion achieved 93% capacity utilization ❖ Commissioned Prayagraj Grinding unit of 2.0 MTPA within 10 months of start of work ❖ Consistently delivering EBITDA of Rs 1000+ per ton ❖ EBITDA Rs 479 Cror

14. Slide 14: Performance Highlights Q1 FY25

    Performance Highlights Q1 FY25

15. Slide 15: Key Performance Highlights for Q1FY25 - Grey Cement Standalone

    Key Performance Highlights for Q1FY25 – Grey Cement Standalone Capacity Volumes Net Sales Blended Cement Premium Utilisation Realisation / Trade Mix Products Blended Cement 79% 4.33 ₹4669 per 67% 13% Million ton Trade mix of Trade Sales Tons 63% 14

16. Slide 16: Volume Highlights - Quarterly

    Volume Highlights – Quarterly Sustained momentum Lakh Tons Grey Business White Business Combined 6%YoY 2% 6% YoY YoY 7QOQ % 4 QOQ % 7 QOQ % 0.10 5.34 46.76 0.30 5.13 1.21 1.32 1.22 43.34 5.03 41.04 46.86 43.64 3.82 4.02 3.91 41.04 Q1FY24 Q4FY24 Q1FY25 Q1FY24 Q4FY24 Q1FY25 Q1FY24 Q4FY24 Q1FY25 Standa

17. Slide 17: Standalone Financial Highlights

    Standalone Financial Highlights Particulars (₹ Cr) Q1FY25 Q4FY24 QoQ Q1FY24 YoY Grey Net Sales 2024 2304 12% 2039 1% White Net Sales 489 522 6% 499 2% Total Net Sales 2513 2,826 11% 2538 1% Combined EBITDA 479 548 13% 402 19% 16

18. Slide 18: Consolidated Financial Highlights

    Consolidated Financial Highlights Particulars (₹ Cr) Q1FY25 Q4FY24 QoQ Q1FY24 YoY Grey Net Sales 2040 2310 12% 2039 - White Net Sales 679 707 4% 641 6% Total Net Sales 2719 3017 10% 2680 1% Combined EBITDA 486 560 13% 408 19% 17

19. Slide 19: Key Cost Variables

    Key Cost Variables Pet coke 6.5% sulphur USA CFR Diesel Prices ($/MT) (₹/Litre) 145.0 132.3 129.0 134.3 126.0 125.0 125.9 116.8 116.7 114.0 109.8 109.8 112.4 111.8 92.70 92.70 106.5 90.70 Oc'23 Dec'23 Jul'23 Feb'24 Aug'23 Sep'23 Nov'23 Mar'24 Apr'23 May'23 Apr'24 May'24 June'23 Jan'24 June'24 Apr'23

20. Slide 20: Cost Trend (Grey Standalone) - Fuel cost

    Cost Trend (Grey Standalone) Fuel cost ease further Fuel Fuel Cost (₹ /K.Cal) (₹/MT) 23% YoY 2.19 4% QOQ 1.80 1200 1.62 1000 1108 800 893 857 600 400 200 0 Q1FY24 Q4FY24 Q1FY25 Q1FY24 Q4FY24 Q1FY25 Reduction in Petcoke price (YOY) 19

21. Slide 21: Cost Trend (Grey Standalone) - Logistic cost

    Cost Trend (Grey Standalone) Logistic cost Lead Distance Logistics (Kms) (₹/MT) 426 419 1228 1230 1228 415 Q1FY24 Q4FY24 Q1FY25 Lead (Kms) Q1FY24 Q4FY24 Q1FY25 Almost stable 20

22. Slide 22: Cost Trend (Standalone)

    Cost Trend (Standalone) Employee Other Expenses (₹/MT) (₹/MT) 14% 8% YoY YoY 9% QOQ 10% QOQ 895 921 826 422 387 371 Q1FY24 Q4FY24 Q1FY25 Q1FY24 Q4FY24 Q1FY25 Higher due to Increments Lower Overheads 21

23. Slide 23: Standalone Financial Statement

    Standalone Financial Statement QoQ YoY Particulars (₹ Cr) Q1FY25 Q4FY24 Q1FY24 % Inc/Dec %Inc/Dec Net Sales 2555 2856 11% 2541 1% Rev from Operations 2643 2939 10% 2624 1% Operating Expenses 2164 2391 9% 2222 3% EBITDA 479 548 13% 402 19% Margins % 18.7% 19.2% 0.4% 15.8% 2.9% Depreciation 124 131 5%

24. Slide 24: Consolidated Financial Statement

    Consolidated Financial Statement QoQ YoY Particulars (₹ Cr) Q1FY25 Q4FY24 Q1FY24 % Inc/Dec %Inc/Dec Net Sales 2719 3017 10% 2680 1% Rev from Operations 2808 3106 10% 2763 2% Operating Expenses 2322 2546 9% 2355 1% EBITDA 486 560 13% 408 19% Margins % 17.9% 18.6% 0.7% 15.2% 2.7% Depreciation 147 153

25. Slide 25: Consolidated Debt Profile

    Consolidated Debt Profile Gross Debt Cash Net Debt (₹ Cr) (₹ Cr) (₹ Cr) 2011 2830 4592 4515 2582 1685 FY24 30thJune'24 FY24 30thJune'24 FY24 30thJune24 Net Debt/EBITDA Equity Net Debt/Equity (₹ Cr) 1.36 1.29 5556 5353 0.51 0.48 FY24 30thJune'24 FY24 30thJune'24 FY24 30thJune'24 24

26. Slide 26: Celebrating significant milestones: 50 years of Grey Cement

    To embark the journey of 50 years of Grey Business & 40 years of White Business , through out the year we would be organising welfare programme for employees and our stakeholders Celebrating significant milestones YEARS OF STRONG FOUNDATION -----THE ENDURING----- 50 years in the Grey Cement business

27. Slide 27: Thank You

    Thank You

JK Cement — Q1 FY2025 Earnings Presentation on 6ix