Sandur Manganese & Iron Ores Ltd · NSE:SANDUMA
Sandur Manganese & Iron Ores — The Sandur Manganese & Iron Ores — Q3 FY24 Earnings Presentation
20 slides from Sandur Manganese & Iron Ores's earnings presentation, Feb 8, 2024
Slide 1: Cover letter to stock exchanges
(An ISO 9001:2015; ISO 14001:2015 and 45001:2018 certified company) CIN: L85110KA1954PLC000759; Website: www.sandurgroup.com REGISTERED OFFICE CORPORATE OFFICE ‘SATYALAYA’, No.266 ‘SANDUR HOUSE’, No.9 Ward No.1, Palace Road Bellary Road, Sadashivanagar Sandur – 583 119, Ballari District Bengaluru –
Slide 2: Q3FY24 Earnings Presentation: Towards an Integrated and Sustainable Future
THE SANDUR MANGANESE & IRON ORES LIMITED Q3FY24 TOWARDS AN INTEGRATED AND SUSTAINABLE FUTURE Earnings Presentation FEBRUARY 2024
Slide 3: Sandur at a Glance
ABO U T S AND U R Sandur at a Glance EARNINGS PRESENTATION 7 decades 3rd Largest A/ Positive 2,569* As one of the most respected private sector Manganese CRISIL RATED SANDUR family merchant miners of manganese and iron ores ore miner in India Robust credit rating members sandurgroup.com VAST MINING
Slide 4: Mining Leases and Operational Units
Mining Leases ABO U T S AND U R (Deogiri, Kammathuru, Subbarayanahalli and Ramghad) Operational Units EARNINGS PRESENTATION Ferroalloy Plant, Power Plant, Coke Oven Plant (Vyasankere) EVOLUTION OF THE LEASE AREA OVER TIME Ballari and Vijayanagara Districts, Karnataka 1994 3,215 HA sandurgroup.com Ra
Slide 5: Transforming Business Canvas
ABO U T S AND U R Transforming Business Canvas EARNINGS PRESENTATION Mining Ferroalloys Coke and Energy Others MINING FERROALLOYS POWER COKE AND ENERGY TRAITS FY20 AND BEFORE REVENUE CONTRIBUTION PBT CONTRIBUTION FY18-20 (%) FY18-20 (%) Asset light, cash generating mining operations coupled with mar
Slide 6: Transforming Business Canvas (Going Forward)
ABO U T S AND U R Transforming Business Canvas (Going Forward) EARNINGS PRESENTATION Mining Ferroalloys Coke and Energy MINING FERROALLOYS POWER COKE AND ENERGY TRAITS REVENUE CONTRIBUTION (%) PBT CONTRIBUTION (%) FY23 32 MW 0.28 0.50 WHRB 77 50 32 sandurgroup.com 1.60 MTPA MTPA 95,000/ 1,25,000 TPA
Slide 7: Improving Profit Profile
ABO U T S AND U R Improving Profit Profile EARNINGS PRESENTATION Mining Ferroalloys Coke and Energy F Y 1 8 - 2 0 ( A v e r a g e *) ₹ 230 Crore sandurgroup.com 98% 2% FY21 ₹ 296 Crore 87% 9% 4% FY22 ₹ 996 Multifold increase Crore in absolute PBT 52% 28% 20% FY23 ₹ 399 Diversification Crore in profi
Slide 8: Values that Drive Us
ABO U T S AND U R Values that Drive Us EARNINGS PRESENTATION SANDUR is run by the ethos M.Y. GHORPADE “All that we get (earn) from the soil of Sandur in one form or the other should be primarily used to benefit Sandur“ Sandur Kushala Kala Kendra supported by the Company has created a Guinness World
Slide 9: Mining – our mainstay
BU S INE S S VE RT IC AL S RE VIE W Mining – EARNINGS PRESENTATION our mainstay MANGANESE ORE MINING OPERATIONS (MTPA) • Mining manganese and iron ores from two mining leases located in 0.28 0.28 0.28 0.28 0.28 Sandur (Karnataka) 0.26 0.22 0.21 0.20 • Fully-mechanized iron ore mining 0.20 contributi
Slide 10: Ferroalloys – new and improved
BU S INE S S VE RT IC AL S RE VIE W CAPACITIES Ferroalloys – EARNINGS PRESENTATION FY22 Onwards new and improved 95,000/ 1,25,000 TPA Turnaround of ferroalloys operations in FY21 Achieved a shift towards a cleaner source of (SiMn/FeMn)* through feasible power generation energy such as Waste Heat & G
Slide 11: Coke and Energy – strengthening operations
BU S INE S S VE RT IC AL S RE VIE W Coke and Energy – EARNINGS PRESENTATION strengthening operations 0.5 MTPA March 2018 4 Batteries with a cumulative Started expansion work capacity of 0.5 MTPA sandurgroup.com 32 MW 2 Waste Heat Recovery Boilers with a cumulative capacity of 32 MW setup for generat
Slide 12: Investment Rationale
C O NC L U S IO N Investment Rationale EARNINGS PRESENTATION Stable & Growing Company Cash Flows With a Heart Through long-standing Adhering to the highest standards of mining operations corporate governance and sustainability sandurgroup.com Strong Disciplined Balance Sheet Capital Allocation Guide
Slide 13: Key Performance Indicators
F INANC IAL S RE VIE W Key Performance Indicators EARNINGS PRESENTATION REVENUE, EBITDA EBITDA MARGINS PBT & PAT (₹ IN CRORE) (IN %) (₹ IN CRORE) 2,249 915 2,126 44% 38% 675 34% 32% 1,009 359 702 747 21% 250 271 592 219 451 142 175 147 154 289 sandurgroup.com 233 201 FY19 FY20 FY21 FY22 FY23 FY19 FY
Slide 14: Q3FY24 Operational Highlights
Q 3F Y 24 PE RF O RM ANC E HIG HL IG HT S Q3FY24 Operational Highlights EARNINGS PRESENTATION MANGANESE ORE IRON ORE FERROALLOYS COKE Production 0.73 Lakh Tonne 3.95 Lakh Tonne 6,344 Tonne 3,722 Tonne* sandurgroup.com Sales 0.40 Lakh Tonne 1.48 Lakh Tonne 4,363 Tonne 6,174 Tonne YoY Sales Volume (16
Slide 15: Q3FY24 Segment Highlights
Q 3F Y 24 PE RF O RM ANC E HIG HL IG HT S Q3FY24 Segment Highlights EARNINGS PRESENTATION MANGANESE ORE OPERATIONAL PERFORMANCE IRON ORE OPERATIONAL PERFORMANCE (Lakh Tonne & ₹/Tonne) (Lakh Tonne & ₹/Tonne) 1.20 7,897 10,000 10.00 4,337 5,000 8,147 6,952 7,449 3,578 1.00 6,783 8,000 8.00 3,132 3,375
Slide 16: Q3FY24 Financial Highlights
Q 3F Y 24 PE RF O RM ANC E HIG HL IG HT S Q3FY24 Financial Highlights EARNINGS PRESENTATION Capital Total Income EBITDA PAT Structure Growth (YoY) (58%) (59%) (77%) sandurgroup.com Growth (QoQ) (17%) (41%) (64%) Margin 19% 6% ₹ 168 Crore ₹ 32 Crore Total Income EBITDA Margins Expansion/ (Contraction
Slide 17: 9MFY24 Financial Highlights
9 M F Y 2 4 PE RF O RM ANC E HIG HL IG HT S 9MFY24 Financial Highlights EARNINGS PRESENTATION Capital Total Income EBITDA PAT Structure Growth (YoY) (52%) (18%) (22%) sandurgroup.com Margin 22% 10% Margins Expansion/ 897 bps 387 bps ₹ 751 Crore ₹ 164 Crore (Contraction) (YoY) Total Income EBITDA Gro
Slide 18: Management Commentary
Q 3F Y 24 PE RF O RM ANC E HIG HL IG HT S Management Commentary EARNINGS PRESENTATION Mining (Expansion) on 4 September 2023 from Ferroalloys The production of both manganese and Karnataka State Pollution Control Board Tepid demand scenario continues in the iron ores has remained in line with our (K
Slide 19: Corporate Information
Q 3F Y 24 PE RF O RM ANC E HIG HL IG HT S Corporate Information EARNINGS PRESENTATION SHAREHOLDING SUMMARY (IN %) ₹547 Current Market Price 25.78 sandurgroup.com Public ₹613/142 ₹8,860 Cr 52 Week High/Low Market Capitalization 16.20 Cr 504918 SANDUMA Shares Outstanding BSE Scrip Code NSE Scrip Code
Slide 20: Safe Harbor
Safe Harbor EARNINGS PRESENTATION THE SANDUR MANGANESE & IRON ORES LIMITED THE SANDUR MANGANESE & IRON ORES LIMITED This document which has been prepared by The Sandur Manganese & Iron Ores Limited (the “Company”, “SANDUR”), solely for information purposes and do not constitute any offer, recommenda
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