24 slides from J.k. Cement's earnings presentation, Feb 7, 2023
Slide 1: JK Cement exchange filing cover letter
JK Cement Ltd. CIN : L1 7229U P1 994P1C01 71 99 €7 JKcement Registered Office 6 Kamta Tower, Kanpur-208001, U.P., lndia rl +91-512-2371478to 85 Ei +91-512-2399854 I shambhu.singh@jkcement.com @ www.jkcement.com Date: 5ft February ,2023 The Bombay Stock Exchange Ltd. National Stock Exchange of India
Slide 2: Investor Presentation Oct-Dec'22 Q3 FY23
Investor Presentation Oct-Dec’22 Q3 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% 522 43% 465 12.9% YTD Dec '22 Target 2030 YTD Dec '22 Target 2030 YTD Dec'22 Target 2030 3
Slide 5: Maintaining Ecological Footprint
Maintaining Ecological Footprint First Biodiversity Park spread across 50 Hectares area of Ahirpura Mines More than 2 Lakhs Sapling planted across all our sites including mines creating safe and secure habitat for local flora and fauna . with an investment of around Rs 4 crores .
Slide 6: Social Impact
Social Impact Rs 35.32 crores spent on Social Activities (including CSR spent of Rs 19.38 crores)YTD Dec’22. Key initiatives taken during the period - Figures in Rs./Cr 1) Contribution to University for promoting ₹7.18 , ₹5.37 , higher education for children. 15% 20% 2) Contribution to MCD schools f
Slide 7: Corporate Social Responsibility
Corporate Social Responsibility Image to come Construction of Guest House at Mahakaleswar Temple Ujjain Laying of Water pipeline at Payeri village at Karunda. JK Cement Work ,Jharli adapted Tuberculosis (TB) Patients from surrounding village .
Slide 8: Corporate Social Responsibility
Corporate Social Responsibility Gyankendra at Chittorgarh - Providing Environment and Infrastructure to youth preparing for competitive exams. Mobile Medical Unit Flagged off at Panna (M.P) JK Cement Work , Nimbahera recd. award for Outstanding work from District Animal Husbandry Department for JK C
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,J D. Gotan, Nagaur (Rajasthan) ,L I E. Jharli, Jhajjar (Haryana) F. Aligarh (Uttar Pradesh) H M G. Ba
Slide 12: Performance highlights
Performance highlights
Slide 13: Sales performance
Sales performance Volume growth ( Standalone ) Key drivers on YOY basis (Grey Cement) 18 % Growth in Q3FY23 over Q3 FY22 39.32 39.31 93% Capacity Utilization ( 16 % Up) 36.44 23% Increase in Volumes 35.61 1% Increase in Cement Realization per ton 33.22 62% Blending Ratio ( 1% down) Q3FY22 Q4FY22 Q1F
Slide 14: Key movement in costs in Q3FY23
Key movement in costs in Q3FY23 LOGISTICS ENERGY COST COST 24% 32% Rs. 1240 /M.T Rs.1646 /M.T 7% up YOY 26 % up YOY Increase in Lead Distance & Busy Increase in Pet coke season surcharge on Rail freight /Imported Coal Prices
Slide 15: EBITDA Waterfall Dec'22 Qtr.
EBITDA Waterfall Dec’22 Qtr. -40% 679 NSR (incl. Op. Raw Material (incl. Power & Freight & Other Dec’21 Qtr. Dec’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 Expansion Additional Capacity Status Update YTD Dec’22 Greenfield Grey cement plant of 4 • Panna – Post Commissioning of Cement Grinding Rs.2723 Expansion at MnTPA & Packing System on 2nd Nov’22 .Clinker crores Panna (IU) with production also started on 3rd Dec’22. Ha
Slide 17: Financial Highlights – QOQ
Financial Highlights – QOQ Particulars Q3 FY23 Q2 FY23 Inc./Dec. Sales Volume (Lakhs M.T)* 39.31 36.44 8% Net Sales (Rs. Cr) 2233.61 2088.93 7% EBITDA (Rs. Cr) 266.90 302.60 12% EBITDA Margin 11.95% 14.49% 18% EBITDA (Rs. M.T) 679 831 18% * Include Clinker Sale
Slide 18: Financial Highlights – YOY
Financial Highlights – YOY Particulars Q3 FY23 Q3 FY22 Inc./Dec. Sales Volume (Lakhs M.T)* 39.31 33.22 18% Net Sales (Rs. Cr) 2233.61 1902.79 17% EBITDA (Rs. Cr) 266.90 377.25 29% EBITDA Margin 11.95% 19.83% 40% EBITDA (Rs. M.T) 679 1136 40% *Include Clinker Sales
Slide 19: Financial Highlights – Q3 FY23 vs Q2 FY23
Financial Highlights – Q3 FY23 vs Q2 FY23 Particulars (Rs. Cr.) Q3FY23 Q2FY23 Inc./Dec Revenue from Operations 2288 2142 7% Other Income 22 23 4% Operating Expenses 2025 1845 10% Depreciation 90 90 - Finance Cost 66 62 5% Profit Before Tax 129 167 23% Provision for Tax 32 42 25% Profit After Tax 97
Slide 20: Financial Highlights – Q3 FY23 vs Q3 FY22
Financial Highlights – Q3 FY23 vs Q3 FY22 Particulars (Rs. Cr.) Q3FY23 Q3 FY 22 Inc./Dec. Revenue from Operations 2288 1940 18% Other Income 22 26 17% Operating Expenses 2025 1570 29% Depreciation 90 72 26% Finance Cost 66 65 1% Profit Before Tax 129 260 50% Provision for Tax 32 93 65% Profit After
Slide 21: Financial Highlights – Nine Months Ended YTD Dec'22
Financial Highlights – Nine Months Ended YTD Dec’22 Particulars (Rs. Cr.) YTD Dec’22 YTD Dec’21 Inc./Dec Revenue from Operations 6596 5410 22% Other Income 67 101 34% Operating Expenses 5636 4311 31% Depreciation 270 206 31% Finance Cost 190 180 5% Profit Before Tax 567 814 30% Provision for Tax 164
Slide 22: Debt profile – Standalone
Debt profile –Standalone Particulars As on 31st Dec’ 22 As on 31st March 22 Gross Debt (Rs./Cr) 2686 2850 Cash (Rs./Cr) 1231 1244 Net Debt (Rs/Cr) 1455 1606 Net Debt /EBITDA 1.06 1.05 Equity (Rs./Cr) 4541 4252 Net Debt/Equity 0.32 0.38
Slide 23: Debt profile – Consolidated
Debt profile –Consolidated Particulars As on 31st Dec’ 22 As on 31st March 22 Gross Debt (Rs./Cr) 4141 3434 Cash (Rs./Cr) 1270 1284 Net Debt (Rs/Cr) 2871 2150 Equity (Rs./Cr) 4541 4252 Net Debt/Equity 0.63 0.51
Slide 24: Thank You
Thank You