Graphite India Limited · NSE:GRAPHITE
Graphite India — Q2 FY2023 Earnings Presentation
16 slides from Graphite India's earnings presentation, Nov 11, 2022
Slide 1: Cover letter to stock exchanges
GRAPHITE INDIA LIMITED BAKHTAWAR, 2ND FLOOR, NARIMAN POINT, MUMBAI 400 021. PHONE : (022) 2288 6418-21, FAX : (022) 2202 8833 E-MAIL : gilbakt@graphiteindia.com GIL: SEC/SM/22-23/53 November 11, 2022 Bombay Stock Exchange Limited The Manager The Corporate Listing Department Relationship Department N
Slide 2: Q2 FY2023 Earnings Presentation
NSE: GRAPHITE, BSE: 509488 Q2 FY2023 Earnings Presentation November 11, 2022
Slide 3: Discussion Agenda
Discussion Agenda Executive Summary_______________________________________ 3 Chairman’s Message______________________________________ 4 Steel Industry Overview___________________________________ 5 Graphite Electrode Industry Overview________________________ 7 Financial Performance___________________
Slide 4: Executive Summary
Executive Summary Q2 FY2023 Financial Performance o Net Sales of Rs. 825 Crores, an increase of 19% y-o-y o Net Sales of Rs. 719 Crores, an increase of 10% y-o-y and (5)% q-o-q and (11)% q-o-q Q2 FY2023 o *EBITDA excluding an exceptional item is Rs. 213 Q2 FY2023 o EBITDA of Rs. 252 Crores as compar
Slide 5: Chairman's Message
Chairman’s Message “During a challenging financial quarter, Graphite India reported consolidated Net Sales of Rs. 825 Cr, a growth of 19% y-o-y. EBITDA, before a one time charge of Rs. 45 Cr, was Rs. 213 Cr and Net Profit was Rs. 92 Cr (after the one time charge). From a manufacturing perspective, c
Slide 6: Steel Industry Overview
Steel Industry Overview Crude Steel Production Three Months Ended Nine Months Ended (million MT) Sept-22 Sept-21 Y-o-Y (%) June-22 Q-o-Q (%) 9M 2023 9M 2022 Y-o-Y (%) Asia and Oceania 335.7 330.9 1.5% 367.0 (8.5)% 1,034.0 1,066.0 (3.0)% India 30.2 29.4 2.8% 30.7 (1.6)% 92.8 87.3 6.3% China 252.3 244
Slide 7: Steel Industry Outlook and Dynamics
Steel Industry Outlook and Dynamics Q3 CY2022 Steel Production ▪ As per the World Steel Association (WSA) global crude steel production was 451.4 Mt in Q3 CY2022, a decline of 1.7% y-o-y and 8.0% on q-o-q basis. Global crude steel production excluding China declined by 7.4% on y-o-y and 5.3% q-o-q b
Slide 8: Graphite Electrode Industry
Graphite Electrode Industry ▪ Growth in EAF steel production globally is expected to drive demand for electrodes in the near term ▪ The demand for graphite electrodes and realisations are expected to remain volatile in the near term while cost inflation may further squeeze margins ▪ In 2021, China h
Slide 9: Consolidated Financial Performance
Consolidated Financial Performance Q2 y-o-y Q1 q-o-q Half Year Ended y-o-y Growth Growth Growth (Rs. Crore) FY2023 FY2022 FY2023 FY2023 FY2022 Comments (%) (%) (%) Net Sales 825 692 19% 866 (5%) 1,685 1,302 29% (Excluding Other Income) Y-o-Y Sales growth was Other Income 111 79 41% 31 258% 103 157 (
Slide 10: Standalone Financial Performance
Standalone Financial Performance Q2 y-o-y Q1 q-o-q Half Year Ended y-o-y Growth Growth Growth (Rs. Crore) FY2023 FY2022 FY2023 FY2023 FY2022 Comments (%) (%) (%) Net Sales 719 654 10% 798 (10%) 1,517 1,197 27% (Excluding Other Income) Y-o-Y Sales growth was Other Income 104 68 53% 22 373% 87 144 (40
Slide 11: Quarter Performance Trends
Quarter Performance Trends Consolidated Net Sales Standalone Net Sales 866 825 798 692 719 654 Q2FY22 Q1FY23 Q2FY23 Q2FY22 Q1FY23 Q2FY23 Consolidated Operating Profit / (Loss) Standalone Operating Profit / (Loss) 207 188 192 168 97 59 29% 29% 27% 7% 20% 12% Q2FY22 Q1FY23 Q2FY23 Q2FY22 Q1FY23 Q2FY23
Slide 12: Quarter Performance Trends
Quarter Performance Trends Consolidated Net Profit / (Loss) Standalone Net Profit / (Loss) 140 139 128 92 21% 19% 18% 63 24 11% 8% 3% Q2FY22 Q1FY23 Q2FY23 Q2FY22 Q1FY23 Q2FY23 Consolidated Capacity Utilization Standalone Capacity Utilization 93% 81% 80% 71% 64% 56% Q2FY22 Q1FY23 Q2FY23 Q2FY22 Q1FY23
Slide 13: Leverage Profile
Leverage Profile Significant financial flexibility available for future organic and inorganic growth Consolidated Leverage Profile Standalone Leverage Profile (Rs. Crore) Sept- 22 June- 22 Mar- 22 Dec- 21 Sep- 21 (Rs. Crore) Sept- 22 June- 22 Mar- 22 Dec- 21 Sep- 21 Cash & Cash Cash & Cash 2,527 2,6
Slide 14: Quarterly Segment Performance
Quarterly Segment Performance Consolidated Segment Performance Standalone Segment Performance Q2 y-o-y Q1FY23 q-o-q Q2 y-o-y Q1FY23 q-o-q Growth Growth Growth Growth (Rs. Crore) FY2023 FY2022 FY2023 (Rs. Crore) FY2023 FY2022 FY2023 (%) (%) (%) (%) Graphite and Carbon 734 645 14% 798 (8)% Graphite an
Slide 15: Graphite India - At a Glance
Graphite India - At a Glance Company Background Industry Graphite India is the largest Indian producer The Company’s strategy is to become further Graphite electrodes are used in electric arc furnace (“EAF”) of graphite electrodes and one of the largest vertically integrated, continue its penetratio
Slide 16: Disclaimer
Disclaimer This presentation contains statements that contain “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to Graphite India’s future business developments and economic performance. W