Slide 1: Exchange filing cover letter for earnings presentation
========~~I~==============~=G~=.=&j\=H'O=P=.~=1'=~=:=~=IN=GH=~~=R=O~=D'=~=~=KA=~L=_=:=~=16=~=:=E=IN=~===== • PHONE:91 3340029600,22265755/4942/4943/5547/2334,22171145/1146 FAX:913322496420,E-mail:gilro@graphiteindia.com WEBSITE: www.graphiteindia.com. CIN: L10101WB1974PLC094602 GIL:SEC/SM/20-21/21 J
Slide 2: Q4 and Full Year FY2020 Earnings Presentation
NSE: GRAPHITE, BSE: 509488 Q4 and Full Year FY2020 Earnings Presentation June 9th, 2020
Slide 3: Discussion Agenda
Discussion Agenda Executive Summary_______________________________________ 3-4 Covid-19 Impact and Business Response______________________ 5-6 Chairman’s Message______________________________________ 7 Steel Industry Overview___________________________________ 8-9 Graphite Electrode Industry Overvie
Slide 4: Executive Summary - Consolidated
Executive Summary - Consolidated Q4 and Full Year FY2020 Consolidated Financial Performance o Net Sales of Rs. 3,094 Crores, a decline of 61% y-o-y o Net Sales of Rs. 602 Crores, a decline of 64% y-o-y o EBITDA of Rs. 95 Crores, Margin of 3.1% o EBITDA Loss of Rs. 3 Crores FY2020 Q4 FY2020 o Adjuste
Slide 5: Executive Summary - Standalone
Executive Summary - Standalone Q4 and Full Year FY2020 Standalone Financial Performance o Net Sales of Rs. 2,875 Crores, a decline of 57% y-o-y o EBITDA of Rs. 62 Crores, Margin of 2.2% FY2020 o Adjusted EBITDA1 of Rs. 617 Crores; Margin of 21.5% Profit and Loss o Net Profit of Rs. 31 Crores o EPS o
Slide 6: COVID-19 Impact and Business Response
COVID-19 Impact and Business Response • Covid-19 caused an unprecedented health and economic crisis around the globe • Complete or partial lockdown of countries disrupted global economic activities Covid-19 • Overall economy slowdown and lower manufacturing activity leading to production cuts and de
Slide 7: COVID-19 Business Impact and Position
COVID-19 Business Impact and Position • The immediate impact on the business due to closure of factories and offices coupled with transportation challenges resulted in the muted sales in last week of March 2020 • The company started partial operations from mid-April onwards, however due to prolonged
Slide 8: Chairman's Message
Chairman’s Message “During fiscal year FY2019-20, Graphite India registered a Net Sales of Rs. 3,094 Cr, EBITDA of 95 Cr and Net Profit of Rs. 45 Cr. The Net Profit was also adjusted for non-cash fair value adjustment of inventory at Net Realizable Value as per Ind AS, of Rs. 584 Cr in FY2020. The c
Slide 9: Steel Industry Overview
Steel Industry Overview Crude Steel Production Three Months Ended Year Ended (million MT) Mar-20 Mar-19 Y-o-Y (%) Dec-19 Q-o-Q (%) Dec-19 Dec-18 Y-o-Y (%) Asia 315.2 316.0 (0.3)% 326.7 (3.5)% 1,327.9 1,254.5 5.9% India 27.5 29.1 (5.3)% 27.3 0.7% 111.2 109.3 1.8% China 234.5 231.7 1.2% 246.1 (4.7)% 9
Slide 10: Steel Industry Outlook and Dynamics
Steel Industry Outlook and Dynamics ▪ World crude steel production was 443 Mt in Q1 CY2020, a decline of 1.4% as compared to Q1 CY2019 ▪ The EU produced 38.3 Mt of crude steel in Q1 CY2020, a decline of 10% compared to Q1 CY2019. EU steel demand continues to be impacted due to decline in manufacturi
Slide 11: 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) which is supported by incre
Slide 12: Consolidated Financial Performance
Consolidated Financial Performance Q4 y-o-y Q3 q-o-q Year Ended y-o-y Growth Growth Growth (Rs. Crore) FY2020 FY2019 FY2020 FY2020 FY2019 Comments (%) (%) (%) Net Sales 602 1,693 (64%) 643 (6%) 3,094 7,858 (61%) (Excluding Other Income) Lower volumes and Other Income 23 70 (67%) 43 (47%) 174 210 (17
Slide 13: Standalone Financial Performance
Standalone Financial Performance Q4 y-o-y Q3 q-o-q Year Ended y-o-y Growth Growth Growth (Rs. Crore) FY2020 FY2019 FY2020 FY2020 FY2019 Comments (%) (%) (%) Net Sales 548 1,390 (61%) 597 (8%) 2,875 6,737 (57%) (Excluding Other Income) Lower volumes and Other Income 18 63 (71%) 42 (57%) 157 197 (20%)
Slide 14: Annual Performance Trends
Annual Performance Trends Consolidated Standalone 6,737 7,858 Net Sales 2,983 2,875 3,291 3,094 FY18 FY19 FY20 FY18 FY19 FY20 5,233 4,403 Operating Profit 67% 65% 1,533 1,441 95 62 47% 49% 3% 2% FY18 FY19 FY20 FY18 FY19 FY20 2,806 3,396 Net Profit 43% 42% 1,032 914 45 31 31% 32% 1% 1% Margins% 13 FY
Slide 15: Quarter Performance Trends
Quarter Performance Trends Consolidated Net Sales Standalone Net Sales (64)% (61)% 1,390 1,693 643 602 597 548 Q4FY19 Q3FY20 Q4FY20 Q4FY19 Q3FY20 Q4FY20 Consolidated Operating Profit Standalone Operating Profit (100)% (95)% 934 734 7% 55% 53% 39 (3) (445) (451) Q4FY19 Q3FY20 Q4FY20 Q4FY19 Q3FY20 Q4F
Slide 16: Quarter Performance Trends
Quarter Performance Trends Consolidated Net Profit Standalone Net Profit (101)% (94)% 562 427 5% 33% 31% 25 (7) (353) (356) Q4FY19 Q3FY20 Q4FY20 Q4FY19 Q3FY20 Q4FY20 Consolidated Capacity Utilization Standalone Capacity Utilization 92% 85% 54% 49% 45% 41% Q4FY19 Q3FY20 Q4FY20 Q4FY19 Q3FY20 Q4FY20 Ma
Slide 17: Leverage Profile
Leverage Profile Significant financial flexibility available for future organic / inorganic growth Consolidated Leverage Profile Standalone Leverage Profile (Rs. Crore) Mar-20 Dec-19 Sep-19 June-19 Mar -19 (Rs. Crore) Mar- 20 Dec- 19 Sep- 19 June- 19 Mar -19 Cash & Cash Cash & Cash 2,424 2,523 2,327
Slide 18: Quarterly Segment Performance
Quarterly Segment Performance Consolidated Segment Performance Standalone Segment Performance Q4 y-o-y Q3 q-o-q Q4 y-o-y Q3 q-o-q Growth Growth Growth Growth (Rs. Crore) FY2020 FY2019 FY2020 (Rs. Crore) FY2020 FY2019 FY2020 (%) (%) (%) (%) Graphite and Carbon 577 1,663 (65)% 625 (8)% Graphite and Ca
Slide 19: 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 20: Graphite India Limited contact details
Graphite India Limited (CIN: L10101WB1974PLC094602) 31 Chowringhee Road, Kolkata 700 016 Phone: +91 33 4002 9600 Fax: +91 33 4002 9676 www.graphiteindia.com M.K. Chhajer +91 33 40029622 Graphite India Limited mkchhajer@graphiteindia.com Ravi Gothwal +91 22 6169 5988 Churchgate Partners graphite@chur