Hindalco Industries Limited · NSE:HINDALCO
Hindalco Industries — Q1 FY2007 Earnings Presentation
23 slides from Hindalco Industries's earnings presentation, Jul 28, 2006
Slide 1: Performance Review First Quarter 2006-07
Hindalco Industries Limited Performance Review First Quarter 2006-07 Investor Presentation 28TH July 2006
Slide 2: Drivers of Performance: Q1 FY07
Drivers of Performance : Q1 FY07 Particulars Unit Q1 FY07 Q1 FY 06 Al LME $/T 2,652 1,790 Cu LME $/T 7,251 3,394 Re. / $ Rs. 45.62 43.72 Customs Duty (Al) % 8.08% 10.67% Cu Duty Differential % 4.68% 5.18% Domestic Aluminium Ingot Realisation Rs./Kg 122.50 90.40 Std Alumina Exports Realisation $/T 59
Slide 3: Detailed Financial Results Q1 FY07
Detailed Financial Results Q1 FY07 (In Rs. Crores) Q1 FY07 Q1 FY06 Chg % Net Sales & Operating Revenues 4,273.7 2,207.1 93.6% Other Income 77.6 33.5 131.6% PBDIT 1,011.0 638.0 58.5% Interest & Finance Charges 63.4 46.1 37.5% Depreciation 134.1 116.9 14.7% Profit Before Tax 813.5 475.0 71.3% Provisio
Slide 4: Segment Analysis
Segment Analysis Business Mix – Q4 FY06 Capital Employed 53% 47% EBIT 88% 12% Net Sales & Op. Revenue 39% 61% Rs. Crores Aluminium Copper Particulars Q1 FY07 Q1 FY06 % Chg Q1 FY07 Q1 FY06 % Chg Net Sales & Op. Revenues 1,654.2 1,339.9 23.5% 2,621.7 867.7 202.1% EBIT 712.5 438.4 62.5% 97.8 52.9 84.9%
Slide 5: Other Income
Other Income 78 Rs. Crs 34 Other Income higher than Q1 FY06 due to Interest income on Income Tax refund Q1 FY06 Q1 FY07 Average treasury size increased significantly in comparison to that during INR Average Yields Q1FY06. 8.50% Pre tax treasury returns at higher than those in corresponding qua
Slide 6: Interest & Finance Charges
Interest & Finance Charges Q1 FY06 Q1 FY07 Rs. Crs 85 Interest and finance charges higher than last year due to 63 64 Increase in working capital requirement of Copper Business 46 Lower interest capitalization due to completion of Copper III Net Interest Gross Interest Average interest rate incr
Slide 7: Aluminium
ALUMINIUM
Slide 8: Aluminium: Production Performance – Q1 FY07
Aluminium: Production Performance – Q1 FY07 Production Unit Q1 FY07 Q1 FY06 Chg % Alumina MT 299,188 299,018 0% Primary Metal MT 107,263 105744 1% Wire Rod MT 17,034 16,617 3% Rolled Products MT 52,109 47,740 9% Extrusions MT 8,639 7,671 13% Foils MT 7,303 6,646 10% Alloy Wheels Nos. 46,106 31,087 4
Slide 9: Aluminium: Sales Volumes
Aluminium: Sales Volumes Sales Tonnage Unit Q1 FY07 Q1 FY06 Chg % Alumina MT 68,517 90,317 -24.1% Primary Metal MT 30,048 34,353 -12.5% Wire Rod MT 16,635 16,043 3.7% Rolled Products MT 37,912 36,576 3.7% Extrusions MT 8,116 7,460 8.8% Foils MT 6,427 6,048 6.3% Wheels Nos 64,928 30,641 111.9% 9
Slide 10: Aluminium: Sales Revenues
Aluminium: Sales Revenues (In Rs. Crores) Q1 FY07 Q1 FY06 Chg % Alumina 182.60 164.30 11.1% Primary Metal 371.79 318.50 16.7% Wire Rod 221.71 154.70 43.3% Rolled Products 569.00 435.70 30.6% Extrusions 129.05 92.80 39.1% Foils 133.51 111.40 19.8% Alloy Wheels 9.36 5.80 61.3% Others 31.78 35.30 -10.0
Slide 11: Copper
COPPER
Slide 12: Copper: Production Performance – Q1 FY07
Copper : Production Performance – Q1 FY07 Production Unit Q1 FY 07 Q1 FY 06 % Chg Copper Cathodes MT 64,670 42,894 50.80% CC Rods MT 27,305 20,317 34.40% DAP/NPK MT 72,502 65,908 10.00% Sulphuric Acid MT 211,657 126,840 66.90% Gold Kg 2,712 1,228 120.90% Silver Kg 9,523 8,031 18.60% 12
Slide 13: Copper: Sales Volumes
Copper: Sales Volumes Sales Volumes Unit Q1 FY 07 Q1 FY 06 % Chg Copper Cathodes MT 38,013 21,996 72.80% CC Rods MT 27,571 18,848 46.30% DAP/NPK MT 73,700 61,566 19.70% Sulphuric Acid MT 106,672 36,145 195.10% Gold Kg 2,712 1,373 97.50% Silver Kg 9,065 7,856 15.40% 13
Slide 14: Copper: Sales Revenues
Copper: Sales Revenues Product Q1 FY 07 Q1 FY 06 % Chg Copper Cathodes 1335.28 334.01 299.80% CC Rods 885.22 340.11 160.30% DAP/NPK 117.44 87.39 34.40% Sulphuric Acid 10.21 6.57 55.30% Gold 243.63 81.46 199.10% Silver 17.13 7.80 119.60% Others 12.78 10.31 24.00% Total Sales 2621.69 867.66 202.20% of
Slide 15: www.hindalco.com
HIN DALCO ADITYA BIRLA GROUP www.hindalco.com
Slide 16: Press Release: Q1 FY 2006-07
PRESS RELEASE Date: 28.07.2006 Q1 FY 2006-07 HINDALCO INDUSTRIES LTD. y Hindalco posts outstanding performance for the first quarter y y Net Sales & Operating Revenues rise 94% y y EBITDA for the quarter increases 58% y y Net Profit grows 59% to Rs. 601.5 Crores y Financial Highlights Quarter Quarte
Slide 17: Press Release: Q1 FY07 Results
July 28, 2006 Press Release: Q1 FY07 Results Hindalco Industries Limited Hindalco Industries Ltd., the flagship Company of the Aditya Birla Group, has reported excellent performance for the 1st Quarter of the fiscal 2006-07. Net Sales and Operating Revenues grew by 94% to Rs. 4,273.7 crores as compa
Slide 18: Press Release: Copper
July 28, 2006 Press Release: Q1 FY07 Results Hindalco Industries Limited Copper Copper Smelter I operated at more than 85% utilization level. Copper Smelter II has shown a markedly improved response to the new refractory running approximately 150% longer than the average. Copper Smelter III took its
Slide 19: Press Release: Expansion projects and approvals
July 28, 2006 Press Release: Q1 FY07 Results Hindalco Industries Limited the R&R package will be finalized shortly. Applications for various Government, Central and State clearances are at different stages of approval. Mahan: The Company has signed an MoU with the Government of Madhya Pradesh, for s
Slide 20: Press Release: Copper market and company outlook
July 28, 2006 Press Release: Q1 FY07 Results Hindalco Industries Limited The situation is further exacerbated by the low inventories scenario and continued large scale activities of financial investors in the Copper market. Increasing capacity utilisation at smelters and fresh capacities coming onli
Slide 21: Unaudited Financial Results for the Quarter Ended 30th June 2006
HINDALCO INDUSTRIES LIMITED Regd. Office: "Century Bhavan",3rd Floor, Dr. Annie Besant Road, Worli, Mumbai-400 025 UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30TH JUNE, 2006 (Rupees in Million) Quarter Quarter Year ended ended ended Particulars 30/06/2006 30/06/2005 31/03/2006 (Unaudited) (Un
Slide 22: Segment-wise Revenue, Results and Capital Employed
HINDALCO INDUSTRIES LIMITED Regd. Office: "Century Bhavan",3rd Floor, Dr. Annie Besant Road, Worli, Mumbai-400 025 SEGMENT-WISE REVENUE, RESULTS AND CAPITAL EMPLOYED UNDER CLAUSE 41 OF THE LISTING AGREEMENT (Rupees in Million) Quarter Quarter Year ended ended ended Particulars 30/06/2006 30/06/2005
Slide 23: Notes to the Financial Results
HINDALCO INDUSTRIES LIMITED Regd. Office: “Century Bhavan”, 3rd Floor, Dr. Annie Besant Road, Worli, Mumbai-400 030 Notes: 1. Net Sales and Operating Revenues include charge of Rs. 520 million arising due to reduction in entitlement of Target Plus benefit for exports made in 2005-06 pursuant to a no
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