Jsw Infrastructure Limited · NSE:JSWINFRA
Jsw Infrastructure — Q4 FY2024 Earnings Presentation
24 slides from Jsw Infrastructure's earnings presentation, May 3, 2024
Slide 1: Q4 & FY2024 Results Presentation
Q4 & FY2024 Results Presentation 03 May 2024 JSW Infrastructure Q4 & FY2024 Results Presentation
Slide 2: Forward Looking and Cautionary Statement
Forward Looking and Cautionary Statement This presentation has been prepared by JSW Infrastructure (the “Company”) based upon information available in the public domain solely for information purposes without regard to any specific objectives, financial situations or informational needs of any parti
Slide 3: Agenda
Agenda JSW Infrastructure- An Overview Q4 & FY2024 Operational & Financial Performance Growth Strategy and Business Update Sustainability Appendix JSW Infrastructure Q4 & FY2024 Results Presentation 3
Slide 4: An Overview
An Overview JSW Infrastructure Q4 & FY2024 Results Presentation 4
Slide 5: JSW Group Overview
Infrastructure Steel JSW Group Second largest private port operator in India -170 mtpa capacity Strategically located Ports and Terminals on the west and India’s leading integrated steel producer Installed crude steel capacity of 29.7 mtpa, growing Overview east coast of India to 38.5 mtpa b
Slide 6: JSW Infrastructure: Strategically Located Assets
JSW Infrastructure: Strategically Located Assets India International Total Operational capacity 170 mtpa1 UAE Liquid Storage Terminal Fujairah Dharamtar Port 34.0 (Maharashtra) 465,000 m3 (5 mtpa) PNP Port2 5.0 (Maharashtra) Jaigarh Port 55.0 (Maharashtra) 10.0 Paradip Iron Ore Terminal (Odisha) 8.5
Slide 7: Q4 & FY 2024 Results update Operational & Financial Performance
Q4 & FY 2024 Results update Operational & Financial Performance JSW Infrastructure Q4 & FY2024 Results Presentation
Slide 8: FY 2024 - A Year of Delivering Promises
FY 2024 - A Year of Delivering Promises • Total Cargo Handled 106 MT (+15% YoY), EBITDA at ₹2,234 Crore (+24% YoY) and net profit of ₹1,161 Crore (+55% YoY) • Successful equity listing in October 2023, the current market cap of ~US$6.1bn, Dividend of ₹0.55*/share • Acquisition of 465,000 Cubic Meter
Slide 9: Q4 FY2024 Highlights
Q4 FY2024 Highlights • Total Cargo Handled of 29.3 MT in Q4 FY24 o Strong growth of 9% YoY in Q4 FY24 o Third-party customer share of 46% in Q4 FY24 and 37% in Q4 FY23 • Emerged as a winner bid for a 7 mtpa dry bulk terminal in Tuticorin through PPP mode Operational & • Signed concession agreement w
Slide 10: Q4 & FY 2024: Operational Performance
Q4 & FY 2024: Operational Performance Cargo Handled Third Party Cargo Cargo Handled Key Drivers – Q4 FY24 (MT) (MT) (Customer Mix) • Total Cargo Handled of 29.3 MT in Q4 FY24, growth of 9% YoY Q4 +9% YoY +35% YoY o Increase in capacity utilization at the Paradip Coal Terminal and Ennore Coal Termina
Slide 11: Q4 & FY 2024: Consolidated Financial Performance
Q4 & FY 2024: Consolidated Financial Performance Total Revenue EBITDA PAT Key Drivers- Q4 FY24 (₹ Crore) (₹ Crore) (₹ Crore) • Revenue growth is primarily driven by an increase in Cargo volume Q4 +23% YoY +29% YoY +9% YoY • EBITDA growth on the back of increased revenue 1,200 329 685 973 302 530 Q4
Slide 12: Consolidated Financial – Q4 & FY 2024
Consolidated Financial – Q4 & FY 2024 Figures in ₹ Crore FY23 FY24 Particulars Q4 FY23 Q4 FY24 3,373 4,032 Total Revenue 973 1,200 1,575 1,798 Total Expenses 443 515 1,798 2,234 EBITDA 530 685 53.3% 55.4% EBITDA Margin(%) 54.4% 57.1% 811 1,465 Profit Before Tax 295 417 750 1,161 Profit After Tax 302
Slide 13: Growth Strategy and Business Update
Growth Strategy and Business Update JSW Infrastructure Q4 & FY2024 Results Presentation 13
Slide 14: 2030 Road Map for Growth and Value Creation
2030 Road Map for Growth and Value Creation ~2.4x increase in overall capacity All fig. in CAGR: ~15% mtpa Keni, Karnataka 30 Levers to Accelerate Growth Liquid Berths at JNPT 4.5 V.O Chidambarana Port, 7.0 Tuticorin Privatisation Bids - LPG (2mtpa at Jaigarh) & 3.8 Balancing sustained growth Contai
Slide 15: Winner of concession bids
Winner of concession bids Projects won through Public Private Partnership (PPP) mode North Cargo Berth-III at V.O. Chidambaranar Port (Tuticorin) Liquid Berths (LB3 & LB4 ) at Jawaharlal Nehru (JN) Port • Permissible Draft- 14.2 meters • Cargo Capacity -7 mtpa • Permissible Draft- 14.8 meters (LB3)
Slide 16: Sustainability
Sustainability JSW Infrastructure Q4 & FY2024 Results Presentation 16
Slide 17: Sustainability Strategy Focus Areas and Governance
Sustainability Strategy 16 Focus Areas Governance and Oversight By Board-level Business Responsibility and Sustainability Climate Change: Biodiversity: No Net Loss for Biodiversity Committee • Aligned with India’s Nationally Determined Contributions targets for reduction in Emission Independent Inte
Slide 18: Sustainability - Key Performance Indicators
Sustainability - Key Performance Indicators Specific Energy Consumption (KJ/tch) GHG Emission Intensity (Kg CO2 e/tch) Specific Freshwater Consumption (L/tch) 8,751 6.9 1.30 7,444 1.25 7,102 5.4 1.12 4.6 1.01 FY21 FY22 FY23 FY24 FY22 FY23 FY24 FY22 FY23 FY24 Waste Recycled (%) Renewable Energy (MWh)
Slide 19: Our Commitment to Society
Our Commitment to Society Health and Nutrition Education • ~20,000 people benefitted through vision • 125 students benefitted through the setting up of screening and correction a computer lab at Kattupalli government school • Project Humraahi initiated at Jaigarh to provide • Water purifiers provide
Slide 20: Appendix
Appendix JSW Infrastructure Q4 & FY2024 Results Presentation 20
Slide 21: Key information- Cargo Handled
Key information- Cargo Handled Cargo Handled Legal Entity (MT) Particulars Q4 FY 23 Q4 FY24 FY23 FY24 JSW Infrastructure Limited Standalone 0.6 0.8 2.7 2.7 JSW Jaigarh Port Limited Jaigarh Port 5.6 4.9 20.2 21.5 JSW Dharamtar Port Private Limited Dahramtar Port 6.9 6.1 24.0 25.1 South West Port Limi
Slide 22: Key Performance Indicators- Q4 FY24
Key Performance Indicators- Q4 FY24 Revenue from operations Total Revenue Operating EBITDA (₹ Crore) EBITDA (₹ Crore) (₹ Crore) (₹ Crore) & Margin (%) & Margin (%) 53.0% 57.1% 60.0% 51.5% 54.4% +20% YoY +23% YoY 50.0% 1,200 581 685 40.0% 1,096 973 472 915 530 30.0% 20.0% Q4 FY23 Q4 FY24 Q4 FY23 Q4 F
Slide 23: Key Performance Indicators- FY24
Key Performance Indicators- FY24 Revenue from operations Total Revenue Operating EBITDA (₹ Crore) EBITDA (₹ Crore) (₹ Crore) (₹ Crore) & Margin (%) & Margin (%) 52.2% 55.4% 50.7% 53.3% +18% YoY +20% YoY 3,763 4,032 2,234 3,373 1,965 3,195 1,620 1,798 FY23 FY24 FY23 FY24 FY23 FY24 FY23 FY24 PBT & PAT
Slide 24: THANK YOU
THANK YOU Investor Relations Contact ir.infra@jsw.in JSW Infrastructure Q4 & FY2024 Results Presentation 24