Steel Authority Of India Limited · NSE:SAIL
Steel Authority Of India — Q3 FY2025 Earnings Presentation
30 slides from Steel Authority Of India's earnings presentation, Feb 12, 2025
Slide 1: Results Presentation for Q3 and 9M FY'25
STEEL AUTHORITY OF INDIA LIMITED RESULTS PRESENTATION FOR Q3 and 9M FY’25
Slide 2: Snapshot 9M FY'25
SNAPSHOT 9M FY’25 Mining Iron Ore: 24.489 MT Limestone: 0.988 MT Dolomite: 0.268 MT Production Hot Metal: 14.977 MT Crude Steel: 14.084 MT Saleable Steel: 13.218 MT Sales & Marketing Domestic Sales: 12.463 MT Exports: 0.074 MT Total Sales: 12.537 MT Financials Turnover: Rs. 72595 crore Revenue From
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: Drive Towards Decarbonisation
DRIVE TOWARDS DECARBONISATION Strategic approach to decarbonisation. Phase-wise implementation. Achievement of 20% reduction in carbon footprints during Phase –I. Target of 12% reduction in Phase – II to reach 2.19 t/tcs by 2030-31. SAIL has signed MoU with BHP for promoting lower carbon steelmaking
Slide 6: 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 Commissioned 12.58 MW Solar Power Plants/Units at different locati
Slide 7: Touching Lives
TOUCHING LIVES…. Key Activites Basic and specialised healthcare to more than a million lives annually. 7% 3% 2% 25% 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 8: Global Economic & Steel Scenario
STEEL AUTHORITY OF INDIA LIMITED Global Economic & Steel Scenario
Slide 9: 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 4.2 4.2 3.8 3.6 3.7 3.5 3.3 3.3 3.3 3.2 2.8 2.6 2.4 2.2 1.7 1.7 1.7 1.9 1.8 World Advanced Economies -2.0 Recovery Post 1st Fighting Inflation, Slowdown in Emerging & Developing Economies Phase of COVID19 Advanced Economies
Slide 10: World Steel Scenario
WORLD STEEL SCENARIO Crude Steel Production (MT) 1963 1898 1831 1880 1883 1889 1881 1739 1065 1035 1018 1022 1005 995 871 929 902 885 927 871 875 876 868 819 2017 2018 2019 2020 2021 2022 2023 2024 World China RoW Steel continued its march post 1st wave of covid with revival of economic activities a
Slide 11: World Steel Scenario
WORLD STEEL SCENARIO Apparent Steel Consumption (MT) 1779 1788 1839 1783 1767 1772 1714 1751 1638 2017 2018 2019 2020 2021 2022 2023 2024(F) 2025(F) WSA in its Short Range Outlook for Oct’24 has projected a positive growth in demand during 2025. Short Range Outlook, Oct’24: • Global steel demand is
Slide 12: International Price Trends
400 450 500 550 600 650 700 750 800 100 150 200 250 300 400 350 Apr'23 Apr'23 May'23 May'23 Jun'23 Jun'23 Jul'23 Jul'23 Aug'23 Aug'23 Sept'23 Sep'23 Oct'23 Oct'23 FOB Black Sea Nov'23 Nov'23 Dec'23 Dec'23 Jan'24 Jan'24 Feb'24 Feb'24 Mar'24 Mar'24 FOB China Apr'24 Apr'24 May'24 May'24 Jun'24 Jun'24 J
Slide 13: Domestic Economic & Steel Scenario
STEEL AUTHORITY OF INDIA LIMITED Domestic Economic & Steel Scenario
Slide 14: Indian Economic Scenario
INDIAN ECONOMIC SCENARIO GDP Growth % at Constant (2011-12) Prices SOURCE: MOSPI, GOI 9.7 8.2 Quarterly GDP 6.8 7.0 6.5 6.4 8.2 8.6 8.1 7.8 3.9 6.7 5.4 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 (AE*) Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 -5.8 *AE: Advance Estimates CO
Slide 15: Indian Economic Scenario
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 0.0 The manufacturing activities had fallen to historic lows during lockdown due to COVID19 during Q1 FY’21. However,
Slide 16: Indian Steel Scenario
INDIAN STEEL SCENARIO Crude Steel Production (mtpa) 144.0 120.0 127.2 124.9 103.1 110.9 109.1 103.5 97.9 36.5 36.2 39.3 FY'17 FY'18 FY'19 FY'20 FY'21 FY'22 FY'23 FY'24 FY'25 Q3 FY'24 Q2 FY'25 Q3 FY'25 (Upto Jan) Finished Steel Consumption (mtpa) 136.3 119.9 124.8 98.7 100.2 105.8 88.7 90.7 94.9 36.0
Slide 17: Domestic Price Trend
Thousands Thousands 0 2 4 6 8 10 12 40 45 50 55 60 65 70 Apr'23 Apr'23 May'23 May'23 Jun'23 Jun'23 Jul'23 Jul'23 Aug'23 Aug'23 Sept'23 Sept'23 Oct'23 Oct'23 Nov'23 Nov'23 Dec'23 Dec'23 Jan'24 Jan'24 Fines/Lumps/Pellets Feb'24 Flats Feb'24 HRC Ex-Delhi Mar'24 Mar'24 Apr'24 Apr'24 Pellets 63% Fe, Exw-
Slide 18: Operational Performance
STEEL AUTHORITY OF INDIA LIMITED Operational Performance
Slide 19: Production Performance
PRODUCTION PERFORMANCE All figures In Million Tonne 19.2 18.3 17.4 16.2 15.2 CRUDE STEEL 14.1 4.8 4.8 4.6 PRODUCTION Q3 FY24 Q2 FY25 Q3 FY25 FY 20 FY 21 FY 22 FY 23 FY 24 FY 25 (9M) Annual Quarterly 18.4 16.9 17.2 SALEABLE 15.1 14.6 4.6 4.4 13.2 4.6 STEEL PRODUCTION Q3 FY24 Q2 FY25 Q3 FY25 FY 20 FY
Slide 20: Production Performance: FY'25
PRODUCTION PERFORMANCE : FY’25 SAIL 13.9% PRODUCT MIX : 50.4% 5 ISPs 35.7% 24.7% 66.2% 9.0% BSP 53.0% 47.0% DSP Flats RSP 100.0% Longs Semis 90.5% 9.5% BSL 73.7% 26.3% ISP
Slide 21: 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 45.1% Commodity PRODUCTION BY PROCESS 54.9% Value Added
Slide 22: Techno-Economic Parameters
TECHNO-ECONOMIC PARAMETERS Coke Rate: kg/thm CDI Rate: kg/thm 457 448 445 444 112 440 97 106 85 76 78 425 FY 20 FY 21 FY 22 FY 23 FY 24 FY 25 FY 20 FY 21 FY 22 FY 23 FY 24 FY 25 (9M) (9M) Specific Energy Consumption: GCal/tcs BF Productivity: T/m3/Day 1.97 6.47 6.48 1.88 1.81 1.84 1.80 1.79 6.36 6.3
Slide 23: Sales Performance
SALES PERFORMANCE Annual All figures In Million Tonne 17.0 16.2 16.2 14.2 14.9 12.5 Quarterly 4.4 3.8 4.1 FY 20 FY 21 FY 22 FY 23 FY 24 FY 25 Q3 FY24 Q2 FY25 Q3 FY25 (9M) Sectoral Breakup 5 ISPs Sales - Product Mix Galvanized Semis Others Structurals Products 8% 0.1% 9% Plant Sales 1% CR Coils/Sheet
Slide 24: Financial Performance
STEEL AUTHORITY OF INDIA LIMITED Financial Performance
Slide 25: Financial Performance
FINANCIAL PERFORMANCE Rs. Crore 9M FY’24 9M FY’25 Q3 FY 24 Q2 FY 25 Q3 FY 25 (INDAS Compliant figures) Sales Turnover 76801 72595 23148 24498 24333 Total Income 78211 73996 23524 24944 24854 EBITDA 8451 7983 2319 3174 2389 Depreciation 3922 4126 1321 1304 1420 Finance Cost 1832 2128 614 758 679 PBT
Slide 26: Financial Performance
FINANCIAL PERFORMANCE Profitability Trend 8451 EBITDA PBT PAT (Rs. crore) 7983 2359 1722 1445 970 FY 24 (9M) FY 25 (9M) EBITDA Movement 4212 (Rs. crore) 1570 170 656 5642 122 8451 7983 EBITDA 9M FY 24 Volume/Mix Raw Material Input Price/Cost Sales Price/NSR Rail Price Others EBITDA 9M FY 25 Usage Ad
Slide 27: Financial Performance
FINANCIAL PERFORMANCE Quarterly Performance EBITDA PBT PAT (Rs. crore) 3174 2319 2389 1113 834 461 331 318 126 Q3 FY 24 Q2 FY 25 Q3 FY 25 EBITDA Quarterly Movement (Rs. crore) 2082 1145 319 68 443 198 223 176 2497 1631 155 3174 2319 2389 2389
Slide 28: Financial Performance
FINANCIAL PERFORMANCE Borrowings (Non Ind AS) Net Worth 35350 35659 35596 54496 54623 33907 52017 52139 54131 54075 30593 43495 25662 13386 Mar'21 Mar'22 Mar'23 Mar'24 Jun'24 Sept'24 Dec'24 Mar'21 Mar'22 Mar'23 Mar'24 June'24 Sept'24 Dec'24 Quarterly Interest Debt-equity (times) 758 0.81 (Non Ind AS
Slide 29: 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 30: 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
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