Heidelbergcement India Limited. · NSE:HEIDELBERG
Heidelbergcement India — Q4 FY24 Earnings Presentation
19 slides from Heidelbergcement India's earnings presentation, May 31, 2024
Slide 1: Regulation 30 cover letter for earnings call presentation
HeidelbergCement India Limited CIN: L26942HR1958FLC042301 Registered Office 2nd Floor, Block B, DLF Cyber Greens, DLF Cyber City, Phase-III, Gurugram, Haryana 122002, India Phone +91-124-4503700 Fax +91-124-4147698 Website: www.mycemco.com HCIL: SECTL:SE:2024-25 31 May 2024 BSE Ltd. National Stock E
Slide 2: HeidelbergCement India Limited Investor Presentation Mar'24Q and FY24
HeidelbergCement India Limited Investor Presentation Mar’24Q and FY24 31 May 2024
Slide 3: FY24 Key messages
FY24 Key messages Environmental, Social and Governance Operational and financial performance Outlook
Slide 4: FY24 Key messages
FY24 Key messages ✓ Continue to produce 100% blended cement ✓ Signed long term Hybrid PPA for 8 MW Wind and 8 MW Solar for 37 Gigawatt hours p.a. ✓ Share of non-grid power increased to 38% ✓ EBITDA of ₹ 659 per tonne, up 16% y/y ✓ Announced de-bottlenecking of clinker capacity ✓ Repaid interest free
Slide 5: ESG Overview
ENVIRONMENTAL, SOCIAL AND GOVERNANCE ESG Overview Water CSR Green Power Blended Cement CO2 Footprint Positivity Index 4.4X 20,000+ 1/3rd 100% 506 Kg/t cement Lives Improved 4 HeidelbergCement India Limited | Mar’24Q & FY24 IR Presentation | 31 May 2024 INDIA
Slide 6: New Hybrid renewable energy projects will further increase green power share
ENVIRONMENTAL, SOCIAL AND GOVERNANCE New Hybrid renewable energy projects will further increase green power share Jhansi – Solar Power supply started under long term Solar agreement for c. 22 Gigawatt hours p.a. Narsingarh - consistently operating on c. 40% Green power plus 5.5 MW Solar Project Nars
Slide 7: 9% volume growth in FY24
OPERATIONAL AND FINANCIAL PERFORMANCE 9% volume growth in FY24 4% 8% 10% 1.23 1.20 16% 1.21 1.19 1.16 1.11 1.09 1.00 Million tonnes Jun’22Q Jun’23Q Sep’22Q Sep’23Q Dec’22Q Dec’23Q Mar’23Q Mar’24Q 6 HeidelbergCement India Limited | Mar’24Q & FY24 IR Presentation | 31 May 2024 INDIA
Slide 8: Increase in profitability due to decrease in input costs
OPERATIONAL AND FINANCIAL PERFORMANCE Increase in profitability due to decrease in input costs Mio ₹ Quarter ended Fiscal year ended Particulars Change Change 31-Mar-24 31-Mar-23 31-Mar-24 31-Mar-23 Total income (net of taxes) 5,966 6,020 -0.9% 23,658 22,381 5.7% Operating Expenses 5,077 5,329 -4.7%
Slide 9: Mar'24Q: Decrease in power and fuel price partially off-set by decrease in prices
OPERATIONAL AND FINANCIAL PERFORMANCE Mar’24Q: Decrease in power and fuel price partially off-set by decrease in prices +24% 721 33 13 583 346 237 9 ₹ per tonne Mar’23Q GSR Raw Material Power & Fuel Freight Others* Mar’24Q Note: Change in inventory has been apportioned in the ratio of 30:70 between
Slide 10: Apr'23 – Mar'24 EBITDA increased mainly due to decrease in power and fuel costs
OPERATIONAL AND FINANCIAL PERFORMANCE Apr’23 – Mar’24 EBITDA increased mainly due to decrease in power and fuel costs +16% 19 33 659 567 303 174 ₹ per tonne 15 FY23 Price Raw Material Power & Fuel Freight Others* FY24 Note: Change in inventory has been apportioned 30:70 between Raw Material and Powe
Slide 11: Continue to operate on negative working capital
BALANCE SHEET Continue to operate on negative working capital Sr Particulars 31-Mar-24 31-Mar-23 Sr Particulars 31-Mar-24 31-Mar-23 Mio ₹ Mio ₹ Mio ₹ Mio ₹ II Equity and liabilities I Assets 1 Equity 1 Non-current assets a) Equity share capital 2,266.2 2,266.2 a) Property, plant and equipment 13,972
Slide 12: Cash and Bank balances exceed borrowings
DEBT REPAYMENT Cash and Bank balances exceed borrowings < ----- Repayment Schedule -----> 1,381 1,381 694 687 5,328 3,947 Mio ₹ Bank balance Debt# Net cash Total FY25 FY26 31-Mar-24 #Debt represents actual amounts to be paid. As the loan is interest-free in nature, the values for accounting purposes
Slide 13: Increase in dividend driven by consistent Cash flow from Operations
DIVIDEND HISTORY Increase in dividend driven by consistent Cash flow from Operations 90 Dividend % 80 80 75 70 40 25 20 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 Proposed Face value = ₹ 10 per share 12 HeidelbergCement India Limited | Mar’24Q & FY24 IR Presentation | 31 May 2024 INDIA
Slide 14: Value Added Product Power Shield launched in Dec'24
NEW PRODUCT Value Added Product Power Shield launched in Dec’24 Demonstrable Value Proposition Completing the product portfolio Opening New Addressable market Premiumisation 13 HeidelbergCement India Limited | Mar’24Q & FY24 IR Presentation | 31 May 2024 INDIA
Slide 15: Apr'23 – Mar'24 share of volume
SHARE OF VOLUME Apr’23 – Mar’24 share of volume 44% road 8% AFR, volume, +2.3% y/y -2.8% y/y 34% of trade 82% trade volume, sales, +2.6% y/y +0.6% y/y Continuously increasing premiumization and optimizing towards the appropriate mix 14 HeidelbergCement India Limited | Mar’24Q & FY24 IR Presentation
Slide 16: Demand Situation likely to improve, input costs to be on higher side
OUTLOOK Demand Situation likely to improve, input costs to be on higher side Positives: ▪ Strong Growth: The Indian economy has been growing at an impressive rate. Q3 FY24 GDP surged to at 8.4%, higher than expectations, driven by domestic demand, government spending, and a manufacturing boom. ▪ Mod
Slide 17: Contact information
Contact information Amit Angra, Vice President – Finance HeidelbergCement India, 2nd Floor, Block-B, DLF Cyber Greens, DLF Cyber City Gurugram, Haryana 122002, India Note: With effect from January 2024, our Corporate cum Registered office has been relocated to above-mentioned address. +91-124-4503-7
Slide 18: Safety is our foremost priority
Safety is our foremost priority 17 HeidelbergCement India Limited | Mar’24Q & FY24 IR Presentation | 31 May 2024 INDIA
Slide 19: Disclaimer
Disclaimer ▪ Statements in this presentation, which describe the finished goods prices, raw materials cost and Company’s objectives, projections, estimates, availability, cyclical demand and pricing in the expectations or predictions, may be “forward-looking Company’s principal markets, changes in G
HeidelbergCement India — Q4 FY24 Earnings Presentation on 6ix