Lloyds Metals & Energy Ltd. · NSE:LLOYDSME
Lloyds Metals & Energy — Q4 FY2023 Earnings Presentation
28 slides from Lloyds Metals & Energy's earnings presentation, April 2023
Slide 1: Earnings Presentation Q4-FY23/FY23
EARNINGS PRESENTATION Q4- FY23/FY-23
Slide 2: Company Snapshot
2 Company Snapshot Experienced Promoters with more than 45 Total Lease area 348.09 Hectare with a mining years of Industry relevant experience period of 50 years till 2057 Strategic partnership with India’s largest mining development operators, Thriveni High Grade Iron ore deposit comprises of Earth
Slide 3: Company Overview
3 Company Overview • Lloyds Metals & Energy Ltd. (Lloyds) was incorporated in 1977 as a steel manufacturing company. Total Income (INR Mn) & EBITDA Margins (%) • Lloyds Steel, a Group Company, was a pioneer in setting up India’s first private sector Steel Plant in Wardha. 36,500 34,667 50.00% • The
Slide 4: Key Milestones
4 Key Milestones The Journey till 2022 – Ready for the Growth Bandwagon LMEL Received The Group The Group started approval to sell started India’s 2nd iron ore across galvanizing line LMEL signed India and exports its first LMEL in Nanded which The Group LMEL enhanced DRI MDO MOU manufacturing commi
Slide 5: Key Milestones for year FY23
5 Key Milestones for year FY23 DRI capacity utilisation at 75+% Production at rated capacity; Dispatch 5 Star Rating for of 5.3mnt mine The FY2023: Year of Growth and Plinth for the next phase of Growth Clocked Revenue of INR 1000 cr in one quarter EC for 10mnt Debt free & Net- Cash Company www.lloy
Slide 6: Business Overview
6 Business Overview Products Pellet & Steel Iron Ore Mining DRI (Direct reduced iron) (Upcoming) Location Mining lease: DRI Plant: Mineral Based Steel Plant Surjagarh Village, Gadchiroli District Ghugus, Chandrapur District Konsari, Gadchiroli District Production Capacity DRI Capacity: 4,00,000 MTPA
Slide 7: Strategic Location
7 Strategic Location The Lloyds Iron Ore Mine is strategically located at the centre of India making it equidistant from most steel plants across the country Madhya Pradesh Gujarat Chhattisgarh Maharashtra Iron Ore Mine Hedri Odisha Karnataka www.lloyds.in
Slide 8: Integrated Units
8 Integrated Units Iron Mine Upcoming Mineral based Steel Plant at Konsari, Mining Surajgarh Lumps DRI (Direct Gadchiroli DRI Kilns, Ghugus DRI Plant and Mines Reduced Iron Captive Power Plant Ghugus Village, Chandrapur District District Map of Gadchiroli Iron Ore District Map lumps Iron Ore Mining
Slide 9: Mine at Work
9 Mine at Work Current bandwidth already in place to mine upto 10mnt p.a www.lloyds.in
Slide 10: Accolades of safety and sustainability
10 Accolades of safety and sustainability Lloyds Metals and Energy Ltd Iron Ore Mine at Surjagadh Received 5 Star Rating from Indian Bureau of Mines. Surjagadh, India. This prestigious rating is a recognition of LMEL's commitment to safety, environmental protection, and productivity. Comments by Mr.
Slide 11: Ongoing Konsari Sponge Plant
11 Ongoing Konsari Sponge Plant Construction work is in full swing, with Civil work being done. Expected commissioning – H1FY24 www.lloyds.in
Slide 12: Value Creation Roadmap - Complete Value Chain of Steelmaking
12 Value Creation Roadmap- To be present in complete value chain of Steelmaking Value Creation Roadmap Quantitative Approach Qualitative Approach ▪ Higher volumes of iron ore ▪ Improving the quality mix of ▪ Higher volume of Sponge iron Fines: Lump Ratio ▪ Further integrating into steel Revenue ▪ Mo
Slide 13: Future Growth Strategies – Maximising Utilisation of Resources
13 Future Growth Strategies – Maximising Utilisation of Resources Complete Value Chain of steel making Production Capacity Expansion The company plans to forward integrate in the Konsari Plant by setting up a DRI capacity of Iron ore 72,000 MTPA. The company plans to further forward integrate its op
Slide 14: Charting the Growth Trajectory
14 Charting the Growth Trajectory Value addition of resources remain the key objective FY26 Moving up the FY24 ❑ 10 mnt Iron ore value chain with ❑ 4 mnt Pellet Plant a disciplined ❑ 10 mnt Iron ore ❑ 85 kms slurry Pipeline approach and ❑ 350,000 tonne DRI ❑ 670,000-tonne DRI complete funding ❑ 35 M
Slide 15: Financial Overview
Financial Overview
Slide 16: Q4-FY23/FY23 Consolidated Financial Highlights
16 Q4-FY23/FY23 Consolidated Financial Highlights Q4-FY23 Financial Performance FY23 Financial Performance INR 8,957 Mn INR 1,840 Mn INR 34,667 Mn INR 8,848 Mn Total Income Operating EBITDA Total Income Operating EBITDA 20.54% INR 2,912Mn 25.52% INR 9,855Mn Operating EBITDA Cash PAT* Operating EBITD
Slide 17: Quarterly Product-Wise Performance
17 Quarterly Product-Wise Performance IRON ORE DRI & Power 2,369 53.66% 7,949 1,975 7,001 24.10% 1,580 20.08% 12.53% 24.39% 18.51% 1,871 1,939 571 1,004 1,406 366 198 Q4-FY22 Q3-FY23 Q4-FY23 Q4-FY22 Q3-FY23 Q4-FY23 Revenue EBIT EBIT Margins Revenue EBIT EBIT Margins Q4-FY22 Revenue Breakup Q3-FY23 R
Slide 18: Segmental Volumes
18 Segmental Volumes IRON ORE DRI POWER Production (MMT) Production (‘000 MT) Production (Mn Units) 60.48 57.53 55.85 1.95 50.47 1.52 43.79 34.75 0.58 Q4-FY22 Q3-FY23 Q4-FY23 Q4-FY22 Q3-FY23 Q4-FY23 Q4-FY22 Q3-FY23 Q4-FY23 Sales (MMT) Sales (’000 MT) Sales (Mn Units) 1.73 60.89 51.67 50 46.67 45.76
Slide 19: Q4-FY23/FY23 Operational Highlights
19 Q4-FY23/FY23 Operational Highlights Company • Revenues for Q4-FY23 stood at INR 9,010 Mn, which grew by 161% YoY and declined by 13% QoQ and Revenues for FY23 stood at INR 34,667 Mn which grew by 377% YoY. • Volumes for iron ore in Q4-FY23 stood at 1.1 Mn tonnes, which declined by 35% QoQ. • EBIT
Slide 20: Management Commentary
20 Management Commentary Commenting on the performance of the Company, Mr Rajesh Gupta - Director, said: “FY23 has been the first full year of our iron ore mining operations. The journey so far has been quite encouraging. We have built a full ecosystem wherein our future growth has been given a mean
Slide 21: Quarterly Consolidated Financial Performance
21 Quarterly Consolidated Financial Performance Particulars (INR Mn) Q4-FY23 Q4-FY22 Y-o-Y Q3-FY23 Q-o-Q Total Income 8,957 3,436 161% 10,294 (13)% Total expenses* 7,117 2,211 222% 7,727 (8)% EBIDTA 1,840 1,225 50% 2,567 (28)% EBIDTA Margins (%) 20.54% 35.65% NA 24.94% (440) bps Depreciation and amo
Slide 22: Annual Consolidated Financial Performance
22 Annual Consolidated Financial Performance Particulars (INR Mn) FY23 FY22 Y-o-Y Total Income 34,667 7,273 377% Total expenses 25,820 5,520 368% EBIDTA 8,847 1,753 405% EBIDTA Margins (%) 25.52% 24.10% 142 bps Depreciation and amortization 230 180 28% Finance costs 650 181 259% Profit Before Except
Slide 23: Consolidated Historical Income Statement
23 Consolidated Historical Income Statement Particulars (INR Mn) FY20 FY21 FY22 FY23 Total Income 3,973 2,733 7,273 34,667 Operating Expenses 3,506 2,425 5,520 25,820 EBIDTA 467 308 1,753 8,847 EBIDTA Margins (%) 11.75% 11.26% 24.10% 25.52% Depreciation and amortisation expenses 175 139 180 230 Fina
Slide 24: Consolidated Historical Balance Sheet
24 Consolidated Historical Balance Sheet Particulars (INR Mn) FY21 FY22 FY23 Particulars (INR Mn) FY21 FY22 FY23 Equity 1,821 4,816 15,290 Non-Current Assets 4,660 5,149 10,793 (a) Equity Share Capital 253 370 505 (a) Property, Plant and Equipment 3,609 3,991 4,746 (b) Other Equity 1,568 4,446 14,78
Slide 25: Consolidated Historical Financial Highlights
25 Consolidated Historical Financial Highlights Operational Income (INR Mn) Adj PAT (INR Mn) EBITDA (INR Mn) & EBITDA Margins (%) 14,000 33,923 8,847 30.00% 12,000 9,855 * 9,000 8,000 25.52% 25.00% 10,000 7,000 6,000 24.10% 20.00% 8,000 5,000 11.75% 15.00% 6,000 4,000 11.26% 1,753 10.00% 6,975 3,000
Slide 26: Capital Market Information
26 Capital Market Information Stock Performance up to 31st March, 2023 150% LMEL BSE Sensex 130% 110% 90% 70% 50% 30% 10% -10% Apr22 May22 May22 Jun22 Jul22 Aug22 Sep22 Oct22 Nov22 Dec22 Jan23 Feb23 Mar23 Shareholding Pattern (As on 31st March, 2023) Price Data (As on 31st March 2023) INR Face Value
Slide 27: Disclaimer
27 Disclaimer Lloyd’s Metals & Energy Limited (LMEL) Disclaimer: No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information
Slide 28: Thank You
Thank You
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