Steel Authority Of India Limited · NSE:SAIL
Steel Authority Of India — Q1 FY2025 Earnings Presentation
28 slides from Steel Authority Of India's earnings presentation, Aug 9, 2024
Slide 1: Steel Authority of India Limited Results Presentation for Q1 FY'25
STEEL AUTHORITY OF INDIA LIMITED RESULTS PRESENTATION FOR Q1 FY’25
Slide 2: Snapshot FY'25
SNAPSHOT FY’25 Mining Iron Ore: 8.157 MT Limestone: 0.338 MT Dolomite: 0.062 MT Production Hot Metal: 5.040 MT Crude Steel: 4.683 MT Saleable Steel: 4.182 MT Sales & Marketing Domestic Sales: 3.927 MT Exports: 0.086 MT Total Sales: 4.012 MT Financials Turnover: Rs. 23763 crore Revenue From Operation
Slide 3: Sustainable Operations
STEEL AUTHORITY OF INDIA LIMITED Sustainable Operations
Slide 4: Sustainable Operations
SUSTAINABLE OPERATIONS Waste Application of 4Rs (Reduce, Reuse, Recycle, Recover) Management R&D Project for development of steel slag based cost effective eco-friendly fertilizers for sustainable agriculture and inclusive growth through ICAR-Indian Agricultural Research Institute. Solid Liquid Reso
Slide 5: Securing Future
SECURING FUTURE Water Committed to achievement of long term goal of “Zero Liquid Discharge”. Conservation Actions being taken for treatment and recycling of effluent being discharged through the outfalls at the Plant boundary. Energy Set up 3.5 MW Solar Power Plants/Units at different locations. Ano
Slide 6: Touching Lives
TOUCHING LIVES…. Key Activites Basic and specialised healthcare to more than a million lives annually. 3% 6% 2% 24% Drinking Water facility to more than 50 lakh people. 9% More than 80 lakh people connected to mainstream by Total CSR construction of roads spends since 11% Quality education to almost
Slide 7: Global Economic & Steel Scenario
STEEL AUTHORITY OF INDIA LIMITED Global Economic & Steel Scenario
Slide 8: World Economic Scenario
WORLD ECONOMIC SCENARIO 6.6 6.0 Growth Rates ( in %) 5.2 4.8 4.1 4.5 4.4 4.3 4.4 3.8 3.6 3.7 3.5 3.3 3.3 3.2 2.8 2.6 2.4 2.2 1.7 1.7 1.7 1.8 World Advanced Economies -2.0 Recovery Post 1st Fighting Inflation, Slowdown in Emerging & Developing Economies Phase of COVID19 Advanced Economies and -3.1 Ru
Slide 9: World Steel Scenario
WORLD STEEL SCENARIO Crude Steel Production (MT) 1962 1828 1879 1884 1890 1892 1732 1065 1035 1019 1019 995 955 871 929 899 883 927 871 873 861 819 531 424 2017 2018 2019 2020 2021 2022 2023 H1 2024 World China RoW Steel continued its march post 1st wave of covid with revival of economic activities
Slide 10: World Steel Scenario: Apparent Steel Consumption
WORLD STEEL SCENARIO Apparent Steel Consumption (MT) 1779 1788 1839 1783 1793 1815 1714 1763 1638 2017 2018 2019 2020 2021 2022 2023 2024(F) 2025(F) WSA in its Short Range Outlook for Apr’24 has projected a positive growth in demand during 2024 and 2025. Short Range Outlook, Apr’24: • Global steel d
Slide 11: International Price Trends
INTERNATIONAL PRICE TRENDS 700 250 Coal FOB Australia (USD/t) Iron Ore CFR China (USD/t) 600 200 500 HCC PCI Lumps Fines Australia Origin Fines Brazil Origin 400 150 300 100 200 50 100 0 0 Nov'23 Apr'23 Sep'23 Jun'23 Oct'23 Feb'24 Apr'24 Jun'24 May'23 Dec'23 May'24 Jan'24 Mar'24 Jul'23 Aug'23 Jul'24
Slide 12: Domestic Economic & Steel Scenario
STEEL AUTHORITY OF INDIA LIMITED Domestic Economic & Steel Scenario
Slide 13: Indian Economic Scenario
INDIAN ECONOMIC SCENARIO GDP Growth % at Constant (2011-12) Prices SOURCE: MOSPI, GOI 9.7 8.3 8.2 6.8 6.5 7.0 Quarterly GDP 12.8 3.9 8.1 8.6 8.2 7.8 6.2 5.5 4.3 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 -5.8 COVID1
Slide 14: Indian Economic Scenario: IIP Growth
INDIAN ECONOMIC SCENARIO SOURCE: MOSPI, GOI 250.0 IIP Growth % at Constant (2011-12) Prices 200.0 150.0 100.0 Primary Goods Capital Goods 50.0 Intermediate Goods Infrastructure Goods Consumer Durables Consumer Non-Durables 0.0 Apr'23 May'23 Jun'23 Jul'23 Aug'23 Sept'23 Oct'23 Nov'23 Dec'23 Jan'24 Fe
Slide 15: Indian Steel Scenario
INDIAN STEEL SCENARIO Crude Steel Production (mtpa) 144.0 120.0 127.2 110.9 109.1 103.5 97.9 103.1 35.0 36.5 FY'17 FY'18 FY'19 FY'20 FY'21 FY'22 FY'23 FY'24 Apr-Jun'23 Apr-Jun'24 Finished Steel Consumption (mtpa) 136.3 119.9 105.8 98.7 100.2 90.7 94.9 88.7 30.8 35.5 FY'17 FY'18 FY'19 FY'20 FY'21 FY'
Slide 16: Domestic Price Trend
DOMESTIC PRICE TREND 20 60 All figures in Rs. thousand Thousands Fines/Lumps/Pellets Thousands Semis/Ingot 50 15 40 10 30 20 Billets Ex-Raipur Ingot DAP-Mandi 5 Lumps 63% Fe, Odisha Index 10 Fines 63% Fe, Odisha Index Pellets 63% Fe, Exw-Raipur 0 0 80 Flats 80 Longs Thousands Thousands 70 70 60 60 5
Slide 17: Operational Performance
STEEL AUTHORITY OF INDIA LIMITED Operational Performance
Slide 18: Production Performance
PRODUCTION PERFORMANCE All figures In Million Tonne 19.2 18.3 17.4 16.2 15.2 5.0 CRUDE STEEL 4.7 4.7 PRODUCTION 4.7 Q1 FY24 Q4 FY24 Q1 FY25 FY 20 FY 21 FY 22 FY 23 FY 24 FY 25 Annual Quarterly 18.4 16.9 17.2 SALEABLE 15.1 14.6 4.7 4.4 4.2 STEEL PRODUCTION 4.2 Q1 FY24 Q4 FY24 Q1 FY25 FY 20 FY 21 FY 2
Slide 19: Production Performance: FY'25
PRODUCTION PERFORMANCE : FY’25 SAIL 14.9% PRODUCT MIX : 47.6% 5 ISPs 37.4% 25.1% 65.4% 9.4% BSP 53.4% 46.6% DSP Flats RSP 100.0% Longs Semis 82.0% 18.0% BSL 76.6% 23.4% ISP
Slide 20: Production Performance: FY'25
PRODUCTION PERFORMANCE : FY’25 1.4% 0.7% Ingot Route CC Route CRUDE STEEL BOF PRODUCTION EAF BY PROCESS 99.3% 98.6% SALEABLE STEEL 44.8% Commodity PRODUCTION BY PROCESS 55.2% Value Added
Slide 21: Techno-Economic Parameters
TECHNO-ECONOMIC PARAMETERS Coke Rate: kg/thm CDI Rate: kg/thm 457 106 107 448 97 445 444 440 85 76 78 428 FY 20 FY 21 FY 22 FY 23 FY 24 FY 25 FY 20 FY 21 FY 22 FY 23 FY 24 FY 25 Specific Energy Consumption: GCal/tcs BF Productivity: T/m3/Day 6.47 6.48 1.93 1.88 1.81 1.84 1.80 1.79 6.36 6.35 6.31 6.3
Slide 22: Sales Performance
SALES PERFORMANCE Annual All figures In Million Tonne 17.0 16.2 16.2 14.9 14.2 Quarterly 4.6 3.9 4.0 4.0 Q1 FY24 Q4 FY24 Q1 FY25 FY 20 FY 21 FY 22 FY 23 FY 24 Q1 FY 25 Sectoral Breakup CMO Home Sales - Product Mix Galvanized Semis Plant Sales Products 7% Structurals 1% Bars & Rods 3.7% CR Coils/Shee
Slide 23: Financial Performance
STEEL AUTHORITY OF INDIA LIMITED Financial Performance
Slide 24: Financial Performance
FINANCIAL PERFORMANCE Rs. Crore FY24 Q1 FY 24 Q4 FY 24 Q1 FY 25 (INDAS Compliant figures) Sales Turnover 104545 24093 27744 23764 Total Income 106523 24800 28311 24198 EBITDA 12280 2090 3829 2420 Depreciation 5277 1275 1356 1402 Finance Cost 2474 613 642 691 PBT Before Exceptional Items 4529 202 183
Slide 25: Financial Performance: Quarterly Performance
FINANCIAL PERFORMANCE Quarterly Performance (Rs. crore) EBITDA PBT PAT 3829 2420 2090 1329 1011 202 150 14 11 Q1 FY 24 Q4 FY 24 Q1 FY 25 EBITDA Quarterly Movement (Rs. crore) 1275 850 700 1195 305 866 377 766 99 3829 294 2420 2090 2420
Slide 26: Financial Performance: Borrowings and Net Worth
FINANCIAL PERFORMANCE Borrowings (Non Ind AS) Net Worth 35350 35659 54131 54075 52017 52139 30593 43495 25662 13386 Mar'21 Mar'22 Mar'23 Mar'24 Jun'24 Mar'21 Mar'22 Mar'23 Mar'24 June'24 Quarterly Interest Debt-equity (times) 691 0.81 (Non Ind AS) 0.66 0.57 638 642 0.49 614 605 0.26 Jun'23 Sept'23 D
Slide 27: Abbreviations used
Abbreviations used • BF Blast Furnace • FOB Freight On Board • SMS Steel Melting Shop • JPC Joint Plant Committee • BOF Basic Oxygen Furnace • Kg/thm Kilo Gram Per Tonne of • THF Twin Hearth Furnace Hot Metal • EAF Electric Arc Furnace • Tpd Tonnes Per Day • BSP Bhilai Steel Plant • MT Million Tonne
Slide 28: Disclaimer
Disclaimer Statements / Data which do not relate to SAIL and are used / made in this presentation are from sources which are considered reliable and Company cannot be held for its authenticity. Further, statements describing the Company’s projections, estimates, expectations are “forward looking sta
Steel Authority of India — Q1 FY2025 Earnings Presentation on 6ix