Vedanta Limited · NSE:VEDL
Vedanta — Corporate Update (June 2024)
19 slides from Vedanta's corporate update, Jun 10, 2024
Slide 1: Vedanta
VEDANTA Contributing At Vedanta, we are focused on sustainable growth while setting high standards of governance and transparency. At our core is a mission to towards India's make India self reliant in natural resources and electronics and growth empower transition to greener economy with our transf
Slide 2: Welcome
WELCOME Sensitivity: Internal (C3) 2
Slide 3: Vedanta – a champion of India's natural resources, positioned to capitalise on India's growth
Vedanta – a champion of India’s natural resources, is well-positioned to capitalise on India’s economic growth Global demand for Minerals from Energy Technologies (2022 – 2050) CAGR 8.1%1 4.2x 4.5x GDP Target (Real) $3.75 tn $7 tn 3.3x 3.4x 3.1x 3.2x CAGR 8.8% 1.8x Per capita 1.2x income (Real) $2.4
Slide 4: Empowering India's Growth with strong and sustainable return to all stakeholders
Empowering India's Growth with strong and sustainable return to all stakeholders Revenue1 Group EBITDA1 Group Net Debt1 FY 25 $22 bn $ 6.5 - 7 bn <$12 bn Soon to be $50 bn $18 bn Zero Committed Net Zero Carbon Contribution to Nation Consistent Shareholding Asset Base by 2050 Building returns Presenc
Slide 5: Solidifying our ESG commitment with S&P CSA ranking upgrade
Sustainability Leadership Solidifying our ESG commitment with S&P CSA ranking upgrade S&P CSA rankings 3 Vedanta Limited1 Among 238 global companies 1 Hindustan Zinc Hindustan Zinc 1 Among 238 global companies 1 Vedanta Aluminium2 Most sustainable aluminium producer Vedanta Limited Overall S&P CSA s
Slide 6: Accelerating towards $10+ billion annual EBITDA with timely execution of growth projects
Accelerating towards $10+ billion annual EBITDA with timely execution of high impact growth projects Growth Projects to deliver ~ $ 8 bn <3 years $ 10+ bn $3 - $4bn $10+ bn yearly Investment Payback Incremental Yearly Incremental Yearly EBITDA EBITDA Period Revenue Potential Potential Scheduled Oper
Slide 7: World class, lowest cost assets with growth projects to deliver $10+ bn EBITDA
Vedanta’s world class, lowest cost assets with growth projects to deliver $ 10+ bn annual EBITDA and $5 bn Free Cashflow Aluminium Zinc India Oil and Gas Iron & Steel Others Zinc Vol. 1.2 MTPA Iron Ore 30 MTPA Volume 3.1 MTPA Volume 150 kboepd ZI $ 0.3 bn Silver Vol. 800 tonnes Vol. EBITDA LME 2700
Slide 8: Vedanta Resources Balance sheet – De-leveraged and Reprofiled
Vedanta Resources Balance sheet – De-leveraged and Reprofiled Net debt at VRL Standalone Restructured Debt Profile ($bn) Pre Post ($bn) 9.7 4.1 8.3 7.7 6.0 1.8 1.1 0.9 0.9 0.8 0.8 0.6 0.2 0.0 FY25 FY26 FY27 FY28 FY29 Mar-22 Sep-22 Mar-23 Mar-24 VRL has de-leveraged its Reprofiled and smoothened near
Slide 9: Vedanta Group short term Debt Management through healthy free cash flows
Vedanta Group short term Debt Management through healthy free cash flows Vedanta Resources Long Term Debt Maturities Vedanta Limited Long Term Debt Maturities Loans Bonds ($bn) Subsidiaries Standalone ($bn) 0.8 2.2 0.9 3.0 0.4 2.2 0.9 0.9 1.3 1.3 FY 25 FY 26 FY27 FY 25 FY 26 FY27 onwards onwards Ved
Slide 10: Strong FY24 performance with buoyant metal prices drove the equity re-rating
Strong FY24 performance with buoyant metal prices drove the equity re-rating Vedanta Ltd market cap ($bn) Hindustan Zinc market cap ($bn) 35.0 20.2 10.0 15.7 Sep'23 May'24 Sep'23 May'24 Demerger to further unlock value potential 10 Sensitivity: Internal (C3)
Slide 11: Demerger - Streamlined pure-play Asset Owner model
Demerger - Streamlined pure-play “Asset Owner” model Vedanta Inc / VRL 62% 62% 62% 62% 62% Aluminum Power Base Metals Oil & Gas Steel & Ferrous Largest capacity in India with captive power and an alumina Diversified portfolio of India’s largest private sector One of the largest Indian One of the lar
Slide 12: Vedanta's Growth engine – Powered by proven leadership team
Vedanta’s Growth engine – Powered by proven leadership team Our CEOs Our Functional Heads Arun Misra Navin Jaju Ajay Goel Ritu Jhingon Executive Director CEO- Iron Ore Chief Financial Officer Director - Group Comm & 35+ years of experience of 18+ years of experience across 24+years of rich leadershi
Slide 13: An exclusive site visit to our world class assets
An exclusive site visit to our world class assets Smelter, Jha Mine, Dariba essing Termin um rs SK roc al ni P ug ,B ala i m ud arm Alu Mang a er 11 June 12 June 13 June The world’s largest World’s largest India’s largest onshore Single location underground Zinc mines. discovery ever Aluminium Smelt
Slide 14: Jharsuguda – The Beginning
Jharsuguda The Beginning In 2005, Jharsuguda marked the inception of Vedanta Limited. This laid the foundation for our emergence as India’s Resources Champion, among the global leaders in the industry. Barren Poor No Inadequate No Land Infrastructure Electricity Water Skilled & Connectivity in place
Slide 15: Jharsuguda – At Present
Jharsuguda At Present Jharsuguda is home to the world’s largest single-location smelter, with a massive capacity of 1.8 million metric tons per annum, along with a powerplant complex generating over 3.6 gigawatts of electricity 1.8 MTPA Only Indian Smelting India’s Contributing Highest smelting capa
Slide 16: Dariba – The Beginning
Dariba The Beginning Established in 1983, the Dariba complex is a cornerstone of our mining and smelting operations. It encompasses the Dariba Smelting Complex (DSC), the RD Mine, and the Sindesar Khurd (SK) Mine. Major milestone were achieved in 2006 and 2010, with commissioning of Sindesar Khurd m
Slide 17: Dariba at Present
Dariba at Present DSC: “The complex stands out for its self- sufficiency, benefitting from nearby lead- zinc mines at Sindesar Khurd and Rajpura Dariba” SK and RD Mines: “A Titan Among India’s Underground Mines and a Paragon of Cost Efficiency” 7 MnT World’s ~190 MnT One of the most 240 KTPA ore pro
Slide 18: Oil and Gas
Oil and Gas Offshore: Ravva Platform Offshore: Cambay Facilities Rajasthan: Rajasthan: Mangala Processing Raageshwari Gas Terminal Terminal 18 Sensitivity: Internal (C3)
Slide 19: Vedanta
VEDANTA Sensitivity: Internal (C3)