Sandur Manganese & Iron Ores Ltd · NSE:SANDUMA
Sandur Manganese & Iron Ores — The Sandur Manganese & Iron Ores — FY2024 Earnings Presentation
24 slides from Sandur Manganese & Iron Ores's earnings presentation, May 15, 2024
Slide 1: Exchange filing cover letter for investor presentation
(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 – 5
Slide 2: FY24 Towards an Integrated and Sustainable Future
THE SANDUR MANGANESE & IRON ORES LIMITED FY24 TOWARDS AN INTEGRATED AND SUSTAINABLE FUTURE Earnings Presentation MAY 2024 NSE: SANDUMA | BSE: 504918 BLOOMBERG: SANDUMA:IN
Slide 3: Sandur at a Glance
ABO U T S AND U R Sandur at a Glance EARNINGS PRESENTATION 7 decades 3rd Largest A+ (Stable) 2,541* As one of the most respected private sector Manganese ICRA RATING & CRISIL A/POSITIVE RATED SANDUR family merchant miners of manganese and iron ores ore miner in India Robust credit rating members san
Slide 4: Mining Leases
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
ABO U T S AND U R Transforming Business Canvas EARNINGS PRESENTATION Mining Ferroalloys Coke and Energy MINING FERROALLOYS POWER COKE AND ENERGY TRAITS REVENUE CONTRIBUTION (%) PBT CONTRIBUTION (%) FY23 32 MW 77 0.28 50 32 0.50 WHRB sandurgroup.com 1.60 MTPA MTPA 95,000/ 1,25,000 TPA MTPA Based 18 1
Slide 7: 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 8: 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 0.32 from two mining leases located in 0.28 0.28 0.28 0.28 Sandur (Karnataka) 0.22 0.21 0.20 0.20 • Fully-mechanized iron ore mining 0.20 contributi
Slide 9: 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 10: 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 11: Strategic Business Acquisition
K E Y T RANS AC T IO N DE T AIL S Strategic Business Acquisition EARNINGS PRESENTATION Strategic business acquisition of Arjas Steel Private Limited (Arjas) by SANDUR Announced on 25 April 2024 sandurgroup.com ~₹ 3,000 Crore EV Share Purchase Bought Arjas has been valued at an Enterprise Agreement (
Slide 12: Leading Independent Player in a Specialised Industry
ABO U T ARJ AS S T E E L Leading Independent Player in a Specialised Industry EARNINGS PRESENTATION A speciality steel company Integrated manufacturer from Marquee OEM clientele (direct & via supply-chain partners) focused on high quality auto grade coke, sinter, hot metal & billets, Special Bar Qua
Slide 13: Superior Business Profile
S U PE RIO R BU S INE S S PRO F IL E To be strengthened further Strengthening an EARNINGS PRESENTATION Highest-possible integration in the industry Already Robust Business ~250 KM Tadipatri, KA SANDUR aids Sandur, KA Iron ore backward integration A quality business & sourcing for key RM of Arjas Vya
Slide 14: Rationale for the Acquisition
INVE S T M E NT RAT IO NAL E Rationale for the Acquisition EARNINGS PRESENTATION 2 Acquired a business over an asset Thriving i.e. superior growth & profitability metrics sandurgroup.com Well-managed i.e. seasoned 1 Accelerates SANDUR’s forward- management team & CXOs integration to become a steel c
Slide 15: Key Milestones of FY24
RE C E NT M IL E S T O NE S Key Milestones of FY24 EARNINGS PRESENTATION April 2023 Received Environmental December 2023 April 2024 Clearance for mining expansion Announced Bonus Issue Announced strategic from 1.6 to 4.5 MTPA of iron ore of equity shares in the business acquisition of ratio of 5:1 J
Slide 16: 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 17: 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% 34% 38% 675 30% 1,252 1,009 21% 359 324 747 250 271 592 238 451 402 175 147 154 289 sandurgroup.com 201 FY20 FY21 FY22 FY23 FY24 FY20
Slide 18: Q4FY24 Operational Highlights
Q 4F Y 24 PE RF O RM ANC E HIG HL IG HT S Q4FY24 Operational Highlights EARNINGS PRESENTATION MANGANESE ORE IRON ORE FERROALLOYS COKE Production 0.98 Lakh Tonne 7.63 Lakh Tonne 6,962 Tonne 20,112 Tonne* sandurgroup.com Sales 0.75 Lakh Tonne 7.40 Lakh Tonne 16,538 Tonne 10,187 Tonne YoY Sales Volume
Slide 19: Q4FY24 Segment Highlights
Q 4F Y 24 PE RF O RM ANC E HIG HL IG HT S Q4FY24 Segment Highlights EARNINGS PRESENTATION MANGANESE ORE OPERATIONAL PERFORMANCE IRON ORE OPERATIONAL PERFORMANCE (Lakh Tonne & ₹/Tonne) (Lakh Tonne & ₹/Tonne) 8,147 4,337 4,746 1.20 8,047 8,500 10.00 5,000 7,897 3,578 1.00 8,000 8.00 3,375 4,000 7,449
Slide 20: Q4FY24 Financial Highlights
Q 4F Y 24 PE RF O RM ANC E HIG HL IG HT S Q4FY24 Financial Highlights EARNINGS PRESENTATION Capital Total Income EBITDA PAT Structure Growth (YoY) (7%) (5%) (7%) sandurgroup.com Growth (QoQ) 246% 639% 1,587% Margin 41% 28% ₹ 582 Crore ₹ 238 Crore Total Income EBITDA Margins Expansion/ (Contraction)
Slide 21: FY24 Financial Highlights
F Y 24 PE RF O RM ANC E HIG HL IG HT S FY24 Financial Highlights EARNINGS PRESENTATION Capital Total Income EBITDA PAT Structure Growth (YoY) (39%) (11%) (12%) sandurgroup.com Margin 30% 18% Margins Expansion/ 948 bps 545 bps ₹ 1,334 Crore ₹ 402 Crore (Contraction) (YoY) Total Income EBITDA Gross De
Slide 22: Management Commentary
Q 4F Y 24 PE RF O RM ANC E HIG HL IG HT S Management Commentary EARNINGS PRESENTATION Mining Mining Expansion Strategic Business Acquisition The production activities for both manganese ore The recent strategic acquisition of Arjas Steel and iron ore has significantly increased following Following t
Slide 23: Corporate Information
Q 4F Y 24 PE RF O RM ANC E HIG HL IG HT S Corporate Information EARNINGS PRESENTATION SHAREHOLDING SUMMARY (IN %) ₹523 Current Market Price 25.78 sandurgroup.com Public ₹613/195 ₹8,476 Cr 52 Week High/Low Market Capitalization 16.20 Cr 504918 SANDUMA Shares Outstanding BSE Scrip Code NSE Scrip Code
Slide 24: 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
The Sandur Manganese & Iron Ores — FY2024 Earnings Presentation on 6ix