Hindalco Industries Limited · NSE:HINDALCO
Hindalco Industries — FY2009 Earnings Presentation
18 slides from Hindalco Industries's earnings presentation, Jun 30, 2009
Slide 1: Hindalco Industries Ltd Performance Review FY 2009
Hindalco Industries Ltd Performance Review FY 2009 Presentation to the Investors June 30, 2009
Slide 2: Highlights FY 2009
Highlights FY 2009……. •Cash from operations of Rs 3,170Cr, significant jump over FY08 Financial •Reduced leverage through successful takeout of Bridge Highlights Strong •Surpassed 0.5 Mn tonnes aluminium production for the first time Operating •Maintained & indeed sharpened our cost leadership Perfo
Slide 3: Financials
Financials FY08 FY09 Change Rs Crores (%) Net Sales 19201 18220 -5.1% PBDIT 3894 3673 -6% PBT 3026 2690 -11.1% PAT 2320 2079 -10.4% (before write-back) PAT 2861 2230 -22.1% (after write-back) EPS (Basic) 22.23 14.82 -33.3%
Slide 4: Aluminium Standalone: Performance at a glance
Aluminium Standalone: Performance at a glance Change Rs Crores FY 2008 FY 2009 (%) Net Sales & Operating 7145 7604 6.4% Revenue EBIT 2423 2158 -10.9%
Slide 5: Highest ever output
Highest ever output……. Alumina (Hydrate) Aluminium YOY Kt Kt 1250 1237 530 523.4 +4% 520 1220 510 +10% 1193 1190 500 490 1160 477.7 480 470 1130 460 1100 450 FY 08 FY09 FY08 FY09
Slide 6: Copper: Performance at a glance
Copper: Performance at a glance Change Rs Crores FY 2008 FY 2009 (%) Net Sales & 12066 10625 -11.9% Operating Revenue EBIT* 503 379 -24.6% * EBIT includes notional non-cash translational loss – Rs. 202 crs loss in FY 09 vis a vis FY 08.
Slide 7: Operating Performance FY 2008 vs FY 2009
Operating Performance FY 2008 VS FY 2009 Copper Anode* down 6% Copper Rod Up 4% Fertilisers Up 14% ¾*Production lower on account of bi-annual shutdown otherwise production would have been higher by over 6% ¾Highest ever anode production in March 09, post shutdown
Slide 8: Marked Improvement in EBIT but for Notional Non-cash time lag loss
Marked Improvement in EBIT but for Notional Non- cash time lag loss…. Copper TCRC , MIS EBIT & Reported EBIT Indexed. 140 In spite of sharp fall in TCRC EBIT showed a sharp rise. However, translation Loss (Non-Cash) booked in FY 09 to 120 115 comply with reporting requirement has restricted improvem
Slide 9: Projects
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Slide 10: Hirakud Smelter and Power Plant Expansion
Hirakud Smelter and Power Plant Expansion ¾ Smelter Expansion from 143 ktpa to 155 ktpa : 80% completed and rest by end June’09. ¾ Smelter Expansion from 155 ktpa to 206.6 ktpa i.e. addition of 80 Pots ( of 235 KA) : -Pre-Project activities like soil testing and site related infrastructure activitie
Slide 11: Greenfield Project – Mahan Aluminium
Greenfield Project – Mahan Aluminium ¾ Land: Private land of 2770 acres - Section 9(1) completed. Cash distribution has commenced and transfer of land to commence by July’09. ¾ Process for govt. land of 500 acres to be completed in July’09. ¾ Coal: Coal block allotted. Production of Coal likely to s
Slide 12: Greenfield Project – Utkal Alumina
Greenfield Project – Utkal Alumina ¾ Detailed engineering will be fully completed by Sep’09. ¾ All necessary statutory approvals are in place for construction of Project. ¾ Commitment made till May’09 is Rs.3598 Crores. Long delivery orders placed. ¾ L & T, GDCL & other contractors are fully mobiliz
Slide 13: Greenfield Project – Utkal Alumina
Greenfield Project – Utkal Alumina L & T : Piling under progress for civil foundations of pipe L & T Fabrication Yard : Gantry crane for fabrication – Load test racks under progress RRCCimney for CPP‐ Raft foundation Stock pile of rolled plates for tankages 13
Slide 14: Greenfield Project – Aditya Aluminium – Smelter & CPP
Greenfield Project – Aditya Aluminium –Smelter & CPP ¾ Technology agreement with AP signed ,SIA clearance received. ¾ Basic Engineering -100% complete ¾ Major turnkey packages - orders finalized ¾ Commitment made till date: Rs.3465 Cr. ¾ 1500 acres of land already registered in the name of the compa
Slide 15: Greenfield Project – Aditya Refinery & Mines
Greenfield Project – Aditya Refinery & Mines. ¾ Alumina Technology tie up with ALCAN signed. SIA clearance received ¾ Land acquisition at an advance stage. 66% of land registered in the name of company. ¾ EPCM for Co-Gen plant awarded to M/s M N Dasturco. ¾ Construction & Operation power : Work is g
Slide 16: Greenfield Project - Jharkhand Aluminium
Greenfield Project - Jharkhand Aluminium ¾ Land Acquisition: 7000 acres of land earmarked ¾ Govt. land of about 1300 acres will be acquired in 2009. ¾ Tubed Coal Mine JV formed between Tata power and Hindalco. ¾ Water – Clearance received for 55 MCM water from Subarnarekha basin. ¾ Expected Commissi
Slide 17: Financials - Consolidated
Financials - Consolidated Rs. Crores USD Bn. Particulars FY 08 FY 09 FY 08 FY 09 Net Sales 60,013 65,625 15.0 14.3 Other Income 656 688 0 Operating PBIDTA 7,303 6,046 1.8 1.3 Non Cash Unrealised Derivatives Loss 12 2,381 0.0 0.5 PBITDA 7,291 3,665 1.8 0.8 PBIT 4,803 627 1.2 0.1 Profit before Tax 2,9
Slide 18: Thank You
Thank You