Godawari Power & Ispat Ltd. · NSE:GPIL
Godawari Power & Ispat — Q2 & H1 FY25 Earnings Presentation
34 slides from Godawari Power & Ispat's earnings presentation, Oct 26, 2024
Slide 1: Regulation 30 filing cover letter to NSE and BSE
giv q5 q5FT tz© i@ ch ulFEL GODAWARI POWER & ISPAT REF: GPILINSE & BSE/2024/565 8 To I. The Listing Department, . 2. The corporate Relation Department, The National stock Exchange of India Ltd, The BSE Limited, Exchange plaza, Bandra Kurla complex, First Floor, Rotunda Building, Bandra (E), Mumbai -
Slide 2: Q2 & H1FY25 Investor Presentation
GODAWARI POWER & ISPAT LTD. Q2 & H1FY25 Investor Presentation 26th October 2024
Slide 3: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Godawari Power and Ispat Limited (the “Company”) solely for the information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, a
Slide 4: Business at a Glance
Business at a Glance Incorporated in 1999 & Backward integrated Large product portfolio Captive Iron Ore Mines and Growing under leadership of with captive iron ore mines & ranging from Iron Ore pellets to manufacturing plants are Mr. B.L. Agrawal, 1st Captive Power Generation Sponge Iron, Steel Bil
Slide 5: Investment Thesis
Investment Thesis 01 02 03 04 Captive Iron ore mines with Unique presence across High Grade Pellets Strong Growth Plan 165MnT Reserves and 35+ steel value chain Manufactures high grade To more than double the years of mine life. Present Iron Ore Mining & pellets which earn premium capacities of iron
Slide 6: Q2FY25 Performance Highlights
Q2FY25 Performance Highlights Financial Performance (Consolidated) Performance Highlights (YoY) Revenue (Rs. Cr.) Operating EBITDA (Rs. Cr.) o Production of Iron ore decreased on account of heavy rains and Pellets dropped due to shutdown of Pellet Plant –I for annual 1291 1268 maintenance, whereas P
Slide 7: H1FY25 Performance Highlights
H1FY24 Performance Highlights Financial Performance (Consolidated) Performance Highlights (YoY) Revenue (Rs. Cr.) Operating EBITDA o The Company achieved flat Revenue in H1FY25 on YoY 2617 2610 (Rs. Cr.) basis. EBIDTA & PAT was down on account lower realisation of finished products and exceptional i
Slide 8: FY25 Guidance – Status Check
FY25 Guidance – Status Check Particulars FY25 Guidance H1FY25 Performance % Achieved Iron Ore Mining* 2.35MnT* 1.09MnT 46% Iron Ore Pellets 2.44MnT 1.16MnT 48% Sponge Iron 0.594MnT 0.336MnT 57% Steel Billets 0.50MnT 0.24MnT 48% Ferro Alloys 80,000T 49,006T 61% Rolled Products 0.325MnT 0.155MnT 48% *
Slide 9: Next Leg of Growth – Capex Plan
Next Leg of Growth – Capex Plan Capex ( Apprx. in Rs Cr ) Existing Capacity Proposed Capacity Total Capacity Expected Project Particulars Balance to be Current Status ( MnT) Expansion (MnT) After Expansion Project Cost Cost Incurred Completion Incurred Revised Mining Plan filed and TOR Received. The
Slide 10: Carbon Footprint Reduction: Strategies for Greener Future
Carbon Footprint Reduction: Strategies for Greener Future Decarbonisation Initiatives Features & Benefits of Decarbonisation Strategies Projects Current Status GPIL and Siemens Energy have Output – 11MW Focusing on energy-efficient, R&D signed a Memorandum of of additional Payback projects and fuel
Slide 11: Captive Mining Provides Competitive Edge
Captive Mining Provides Competitive Edge 7,300 6,800 6,200 6,300 6,100 5,500 4,346 4,270 3,000 3,000 2,885 2,840 2,800 2,800 2,310 2,462 2,375 2,181 FY18 FY19 FY20 FY21 FY22 FY23 FY24 Q1FY25 Q2FY25 Market Price of Iron Ore Captive Ore Landed Cost Note – Prices are indicative only
Slide 12: Detailed Production Summary
Detailed Production Summary Description of Goods M.T./ KWH Q2FY25 Q1FY25 QoQ (%) Q2FY24 YoY (%) H1FY25 H1FY24 YoY (%) FY24 Iron ore Mining M.T.s 501,140 590,488 -15% 520,636 -4% 1,091,628 1,093,158 0% 2,307,075 Iron ore Pellets - GPIL M.T.s 508,200 651,700 -22% 636,200 -20% 1,159,900 1,160,150 0% 2,
Slide 13: Detailed Sales Volume Summary
Detailed Sales Volume Summary Description of Goods M.T./ KWH Q2FY25 Q1FY25 QoQ (%) Q2FY24 YoY (%) H1FY25 H1FY24 YoY (%) FY24 Iron Ore Pellet - GPIL M.T.s 258,340 442,102 -42% 432,697 -40% 700,442 730,353 -4% 1,581,795 Sponge Iron M.T.s 38,239 28,132 36% 10,859 252% 66,371 42,426 56% 60,198 Steel Bil
Slide 14: Detailed Realisation Summary
Detailed Realisation Summary (Ex plant realisation excluding export freight and expenses) Description of Goods INR/M.T.s Q2FY25 Q1FY25 QoQ (%) Q2FY24 YoY (%) H1FY25 H1FY24 YoY (%) FY24 Iron Ore Pellet - GPIL INR/M.T.s 10,681 10,503 2% 9,955 7% 10,569 10,055 5% 10,171 Sponge Iron INR/M.T.s 27,705 30,
Slide 15: GPIL Consolidated - Profit & Loss
GPIL Consolidated - Profit & Loss All figures in INR Crore Particulars Q2FY25 Q1FY25 QoQ% Q2FY24 YoY% H1FY25 H1FY24 YoY% FY24 Net Sales 1,268 1,342 -6% 1,291 -2% 2,610 2,617 0% 5,455 Total Expenses 1,021 935 9% 930 10% 1,956 1,948 0% 4,127 Other Income 23 30 -24% 23 -2% 53 42 26% 98 EBIDTA 247 408 -
Slide 16: GPIL Standalone Profit and Loss
GPIL Standalone Profit and Loss All figures in INR Crore Particulars Q2FY25 Q1FY25 QoQ% Q2FY24 YoY% H1FY25 H1FY24 YoY% FY24 Net Sales 1,096 1,194 -8% 1,218 -10% 2,290 2,425 -6% 5,042 Total Expenses 866 803 8% 857 1% 1,669 1,762 -5% 3,735 Other Income 24 28 -11% 21 15% 52 40 29% 90 EBIDTA 230 391 -41
Slide 17: GPIL – Consolidated Balance Sheet
GPIL – Consolidated Balance Sheet All figures in INR Crore Particulars 30.09.2024 31.03.2024 Particulars 30.09.2024 31.03.2024 ASSETS EQUITY AND LIABILITIES Non Current assets EQUITY (a) Property, Plant and Equipment 2,335 2,273 (a) Equity share capital 61 62 (b) Capital work-in-progress 427 430 (b)
Slide 18: GPIL – Standalone Balance Sheet
GPIL – Standalone Balance Sheet All figures in INR Crore Particulars 30.09.2024 31.03.2024 Particulars 30.09.2024 31.03.2024 ASSETS EQUITY AND LIABILITIES Non Current assets EQUITY (a) Property, Plant and Equipment 1,922 1,857 (a) Equity share capital 65 66 (b) Capital work-in-progress 334 340 (b) O
Slide 19: Strong Net Cash Balance Sheet
Strong Net Cash Balance Sheet Healthy Balance Sheet to support Capex Plans through internal accruals Consolidated Net Debt (Rs. Crores) 1,929 1,821 1,604 1,436 720 -565 -791 -1,056 -998 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 H1FY25 Short term borrowings are not included in calculation of Net Debt.
Slide 20: Unique Presence Cross Steel Value Chain
Unique Presence Cross Steel Value Chain Asset Capacity FY24 Utilization (%) Asset Capacity FY24 Utilization (%) Iron Ore MS 0.4 MT 60% Mining 3.05 MT Rounds 76% Iron Ore 2.7 MT HB 0.10 MT 90% 81.50% Pellets 92% Wires Sponge Ferro 91,500T 0.594 MT 93% Alloys Iron 99.99% 79% Power Steel (Incl 0.525 MT
Slide 21: Large Portfolio of Long-life Assets
Large Portfolio of Long-life Assets Pelletisation Plant Odisha – Ardent Steel Keonjhar: 0.8 mn MTPA Siltara Integrated Plant Chhattisgarh 3.3 mn MTPA Iron Ore Beneficiation 2.7 mn MTPA Iron Ore Pellets 0.594 mn MTPA Sponge Iron Bemetara, Chhattisgarh 0.525 mn MTPA Steel Billets 52MW HFAL Solar Power
Slide 22: Simplified Group Structure
Simplified Group Structure Associates JVs Godawari Power and Ispat Limited (GPIL) 37.85% 33.30% Ardent Steel Private Raipur Infrastructure Limited Company Limited 100% 100% Alok Ferro Alloys Limited 23.9% (AFAL) Godawari Energy Limited Chhattisgarh Captive Coal Mining Private Limited 35.36% 96.02% C
Slide 23: Strong focus on Sustainability
Strong focus on Sustainability Strengthening the ESG Framework Aligned with United Nations’ 10 principles for manufacturing responsibility and environmental sustainability Environment Responsibility Social Responsibility Governance Framework o Investing in o Strong community o Strategic Clarity – en
Slide 24: CSR Activities – Serving Society through Industry
CSR Activities – Serving Society through Industry Inauguration of Community Building Inauguration of Cultural Shed & Stage Free Health Checkup & Cancer Screening Camp Maa Godawari Anand Vridhashram Infrastructure Development Projects Plantation Drive
Slide 25: International & Domestic Tailwinds
International & Domestic Tailwinds International Market o Global iron ore prices dropped to below $90/t from the highs of $144/t in Jan’2024 on concerns of China slowdown. The recent excitement around China stimulus pushed prices back to US$110 but it was short lived and prices are now back below US
Slide 26: Appendix
GODAWARI POWER & ISPAT APPENDIX Lite eed IL led
Slide 27: Board of Directors
Board of Directors Mr. BL Agrawal (Chairman & Mr. Dinesh Gandhi Mr Raj Kamal Bindal Managing Director) (Executive Director) (Independent Director) 1st generation entrepreneur with 3 decades of experience in MCOM, CA & MBA; 22 years experience in almost 4 decades of experience; Accounts, Finance & Pr
Slide 28: Shareholding Pattern on 30th Sep’2024
Shareholding Pattern on 30th Sep’2024 Shareholding Pattern 30th Sep’2024 Particulars No of Shares % of Total Sh. Promoter 8,49,51,159 63.49 36.51% Domestic Institutions 20,99,514 1.57 FPI 98,94,104 7.39 63.49% Non Institution 3,68,50,211 27.55 Total 13,37,94,988 100.00 Promoter Public
Slide 29: Past Operational Performance at a Glance…
Past Operational Performance at a Glance… Trend of Iron Ore Mining (mt) Trend of Pellet Production (mt) 2,616,500 2,595,953 1,933,250 2,399,500 2,438,950 2,312,888 2,256,550 1,580,850 1,999,150 1,547,384 2,307,075 1,841,050 1,532,200 1,495,100 1,699,920 1,579,693 1,657,629 902,550 619,620 326,358 1,
Slide 30: Past Operational Performance at a Glance (Ctd.)...
Past Operational Performance at a Glance (Ctd.)... Trend of Steel Production (mt) Trend of Silico Manganese - GPIL (mt) 16,492 16,152 16,444 479,800 13,772 14,178 350,865 325070 13,700 13,136 11,116 11,403 10,517 344,610 10,537 327,050 9,434 188,190 204,162 298,418 227,581 197,596 185,021 177,970 FY
Slide 31: Past Sales Realisations
Past Sales Realisations Iron ore Pellet Sponge Iron Steel Billets 30,418 12,390 33,804 49,512 7,798 31,746 10,171 28,681 43,427 43,937 9,017 9,409 18,277 8,607 7,872 20,964 31947 21,830 33,072 33,545 6,8097,091 18,934 19,736 20,645 29,493 27,720 28,590 16,678 16,897 22,689 5,067 5,365 4,360 13,310 1
Slide 32: GPIL Consolidated – Historical Profit & Loss
GPIL Consolidated – Historical Profit & Loss All figures in INR Crore Particulars H1FY25 FY24 FY23 FY22 FY21 FY20 FY19 FY18 Net Sales 2,610 5,455 5,753 5,399 3,958 3,289 3,322 2,527 Total Expenses 1,956 4,127 4,589 3,535 2,821 2,664 2,532 1,931 Other Income 53 98 104 3 5 6 9 29 EBITDA 654 1,328 1,16
Slide 33: GPIL Consolidated – Historical Balance Sheet
GPIL Consolidated – Historical Balance Sheet All figures in INR Crore Particulars H1FY25 FY24 FY23 FY22 FY21 FY20 FY19 FY18 Net Worth 4,560 4,554 3,947 3,442 2,108 1,503 1,336 1,084 Debt Long Term Debt 10 9 9 10 771 1,465 1,643 1,873 Short Term Debt 23 42 307 418 125 160 139 134 Other Long Term Liab
Slide 34: Thank You
Thank You Investor Relations Contact: Sana Kapoor Go India Advisors sana@GoIndiaAdvisors.com M:+91 81465 50469 Sheetal Khanduja Go India Advisors sheetal@GoIndiaAdvisors.com M:+91 97693 64166 Company Contact: Sanjay Bothra Chief Financial Officer (CFO) sanjay.bothra@hiragroup.com Godawari Power and
Godawari Power & Ispat — Q2 & H1 FY25 Earnings Presentation on 6ix