Graphite India Limited · NSE:GRAPHITE
Graphite India — Q3 FY2022 Earnings Presentation
17 slides from Graphite India's earnings presentation, Feb 14, 2022
Slide 1: Cover letter to stock exchanges on earnings presentation
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Slide 2: Q3 FY2022 Earnings Presentation
NSE: GRAPHITE, BSE: 509488 Q3 FY2022 Earnings Presentation February 14, 2022
Slide 3: Discussion Agenda
Discussion Agenda Executive Summary_______________________________________ 3-4 Chairman’s Message______________________________________ 5 Steel Industry Overview___________________________________ 6-7 Graphite Electrode Industry Overview________________________ 8 Financial Performance_______________
Slide 4: Executive Summary
Executive Summary 9M FY2022 Financial Performance 9M FY2022 Profit and Loss (Consolidated) 9M FY2022 Profit and Loss (Standalone) o Net Sales of Rs. 2,182 Crores, an increase of 57% y-o-y o Net Sales of Rs. 2,032 Crores, an increase of 59% y-o-y o EBITDA of Rs. 610 Crores as compared to Loss of Rs.
Slide 5: Executive Summary
Executive Summary Q3 FY2022 Financial Performance o Net Sales of Rs. 880 Crores, an increase of 76% y-o-y Q3 FY2022 Profit and Loss o EBITDA of Rs. 203 Crores as compared to Rs. 68 Crores in Q3 FY21 o Net Profit of Rs. 132 Crores as compared to Rs. 23 Crores in Q3 FY21 (Consolidated) o EPS of Rs. 6.
Slide 6: Chairman's Message
Chairman’s Message “In Q3 FY2022, Graphite India registered Net Sales of Rs. 880 Cr, up by 76% y-o-y and 27% on a q-o-q basis. The sales growth was driven by both higher volumes and realizations. The company delivered EBITDA of Rs. 203 Cr with EBITDA margins of 23% and Net Profit of Rs. 132 Cr. The
Slide 7: Steel Industry Overview
Steel Industry Overview Crude Steel Production Three Months Ended Year Ended (million MT) Dec-21 Dec-20 Y-o-Y (%) Sep-21 Q-o-Q (%) 2021 2020 Y-o-Y (%) Asia and Oceania 315.1 358.5 (12.1)% 331.0 (4.8)% 1,382.0 1,373.8 0.6% India 30.0 29.5 1.8% 29.2 2.7% 118.1 100.3 17.8% China 227.1 274.7 (17.3)% 243
Slide 8: Steel Industry Outlook and Dynamics
Steel Industry Outlook and Dynamics ▪ As per World Steel Association (WSA) Global crude steel production increased by 3.6% to 1,911.9 Mt in 2021 compared to 1,844.9 in 2020 ▪ Global crude steel production excluding China registered an increase of 12.7% on y-o-y ▪ China crude steel production for CY2
Slide 9: Graphite Electrode Industry
Graphite Electrode Industry ▪ Since 2016 China has closed about 300 million tonnes of outdated and highly polluting steel production capacity but around 908 million tonnes still remain. Such closures are being replaced by environment friendly electric arc furnaces (EAF’s) ▪ As per S&P Platts, In 202
Slide 10: Consolidated Financial Performance
Consolidated Financial Performance Q3 y-o-y Q2 q-o-q Nine Months Ended y-o-y Growth Growth Growth (Rs. Crore) FY2022 FY2021 FY2022 FY2022 FY2021 Comments (%) (%) (%) Net Sales 880 499 76% 692 27% 2,182 1,393 57% (Excluding Other Income) Other Income 66 142 (54%) 79 (16%) 223 260 (14%) Total Income 9
Slide 11: Standalone Financial Performance
Standalone Financial Performance Q3 y-o-y Q2 q-o-q Nine Months Ended y-o-y Growth Growth Growth (Rs. Crore) FY2022 FY2021 FY2022 FY2022 FY2021 Comments (%) (%) (%) Net Sales 835 453 84% 654 28% 2,032 1,276 59% (Excluding Other Income) Other Income 61 139 (56%) 68 (10%) 205 253 (19%) Total Income 896
Slide 12: Quarter Performance Trends
Quarter Performance Trends Consolidated Net Sales Standalone Net Sales 880 835 692 654 499 453 Q3FY21 Q2FY22 Q3FY22 Q3FY21 Q2FY22 Q3FY22 Consolidated Operating Profit / (Loss) Standalone Operating Profit / (Loss) 27% 23% 30% 29% 26% 14% 203 218 188 192 134 68 Q3FY21 Q2FY22 Q3FY22 Q3FY21 Q2FY22 Q3FY2
Slide 13: Quarter Performance Trends
Quarter Performance Trends Consolidated Net Profit / (Loss) Standalone Net Profit / (Loss) 155 132 140 128 93 18% 15% 21% 21% 23 19% 5% Q3FY21 Q2FY22 Q3FY22 Q3FY21 Q2FY22 Q3FY22 Consolidated Capacity Utilization Standalone Capacity Utilization 90% 99% 93% 81% 78% 65% Q3FY21 Q2FY22 Q3FY22 Q3FY21 Q2FY
Slide 14: Leverage Profile
Leverage Profile Significant financial flexibility available for future organic and inorganic growth Consolidated Leverage Profile Standalone Leverage Profile (Rs. Crore) Dec-21 Sep-21 June-21 Mar-21 Dec-20 (Rs. Crore) Dec- 21 Sep- 21 June- 21 Mar- 21 Dec- 20 Cash & Cash Cash & Cash 2,785 2,906 3,04
Slide 15: Quarterly Segment Performance
Quarterly Segment Performance Consolidated Segment Performance Standalone Segment Performance Q3 y-o-y Q2 q-o-q Q3 y-o-y Q2 q-o-q Growth Growth Growth Growth (Rs. Crore) FY2022 FY2021 FY2022 (Rs. Crore) FY2022 FY2021 FY2022 (%) (%) (%) (%) Graphite and Carbon 824 468 76% 645 28% Graphite and Carbon
Slide 16: 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 17: 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