Graphite India Limited · NSE:GRAPHITE
Graphite India — Q1 FY2024 Earnings Presentation
16 slides from Graphite India's earnings presentation, Aug 10, 2023
Slide 1: Stock exchange filing cover letter
GRAPHITE INDIA LIMITED REGD. & H.O. : 31, CHOWRINGHEE ROAO, KOLKATA - 700 016, W.B, INDIA PHONE: 91 33 4002 9600, 2226 5755 / 4942 / 4943 / 5547 / 2334, 2217 1145 / 1146 FAX : 91 33 2249 6420, E-mail : gilro@graphiteind1a.com WEBSITE : www.graphiteindia.com, CIN: L10101WB1974PLC094602 GIL: SEC/SM/23
Slide 2: Q1 FY2024 Earnings Presentation
NSE: GRAPHITE, BSE: 509488 Q1 FY2024 Earnings Presentation August 10, 2023
Slide 3: Discussion Agenda
Discussion Agenda Executive Summary_______________________________________ 3-4 Chairman’s Message______________________________________ 5 Steel Industry Overview___________________________________ 6-7 Graphite Electrode Industry Overview________________________ 8 Financial Performance_______________
Slide 4: Executive Summary
Executive Summary Q1 FY2024 Financial Performance o Net Sales of Rs. 747 Crores, a decline of 13.7% y- o Net Sales of Rs. 720 Crores, a decline of 9.8% o-y and 8.3% q-o-q y-o-y and 1.0% q-o-q Q1 FY2024 Q1 FY2024 o EBITDA of Rs. (13)* Crores as compared to Rs. 59 o EBITDA of Rs. (14)* Crores as compa
Slide 5: Chairman's Message
Chairman’s Message In Q1 FY2024 Graphite India registered Consolidated Net Sales of Rs. 747 Cr., a decline of 13.7% y-o-y and a decline of 8.3% on q-o-q basis. Operating EBITDA was Rs. (13) Cr. after provision of inventory write down of Rs. 157 Cr. which resulted in a Net Loss of Rs. 30 Cr. The stan
Slide 6: Steel Industry Overview
Steel Industry Overview Crude Steel Production Three Months Ended Half Yearly (million MT) June-24 June-23 Y-o-Y (%) Mar-23 Q-o-Q (%) H1 2023 H1 2022 Y-o-Y (%) Asia and Oceania 360.3 367.0 (1.8)% 345.6 4.3% 705.9 701.4 0.6% India 33.1 30.7 7.8% 33.2 (0.3)% 67.9 63.2 7.4% China 273.8 280.1 (2.2)% 261
Slide 7: Steel Industry Outlook and Dynamics
Steel Industry Outlook and Dynamics H1 CY2023 Steel Production (1) ▪ As per the World Steel Association (WSA) global crude steel production was 481.9 Mt in Q2 CY2023, a decline of 1.7% y-o-y and an increase of 4.9% on q-o-q basis. Global crude steel production excluding China declined by 1.0% on y-o
Slide 8: Graphite Electrode Industry
Graphite Electrode Industry ▪ The evident focus on substantial decarbonization measures in the developed world indicates that the growth of Electric Arc Furnace (EAF) will surpass that of Blast Furnace / Bessimer Oxygen Furnace (BF/BOF) ▪ Governments around the world are introducing stringent enviro
Slide 9: Consolidated Financial Performance
Consolidated Financial Performance Q1 y-o-y Q4 q-o-q Year Ended y-o-y Comments (Rs. Crore) FY2024 FY2023 Growth (%) FY2023 Growth (%) FY2023 FY2022 Growth (%) Net Sales 747 866 (13.7%) 815 (8.3%) 3,181 3,026 5.1% (Excluding Other Income) Other Income 78 31 151.6% 5 nm 133 294 (54.8%) Total Income 82
Slide 10: Standalone Financial Performance
Standalone Financial Performance Q1 y-o-y Q4 q-o-q Year Ended y-o-y Comments (Rs. Crore) FY2024 FY2023 Growth (%) FY2023 Growth (%) FY2023 FY2022 Growth (%) Net Sales 720 798 (9.8%) 727 (1.0%) 2,913 2,799 4.1% Excluding Other Income Other Income 72 22 227.3% 7 nm 133 279 (52.3%) Total Income 792 820
Slide 11: Quarter Performance Trends
Quarter Performance Trends Consolidated Net Sales Standalone Net Sales 866 798 727 720 815 747 Q1FY23 Q4FY23 Q1FY24 Q1FY23 Q4FY23 Q1FY24 Consolidated Operating Profit / (Loss) Standalone Operating Profit / (Loss) 12% 13% 8% 7% 59 67 97 93 (2)% (2)% (13) (14) Q1FY23 Q4FY23 Q1FY24 Q1FY23 Q4FY23 Q1FY24
Slide 12: Quarter Performance Trends
Quarter Performance Trends Consolidated Net Profit / (Loss) Standalone Net Profit / (Loss) 3% 4% 8% 8% 24 29 63 56 (30) (27) (4)% (4%) Q1FY23 Q4FY23 Q1FY24 Q1FY23 Q4FY23 Q1FY24 Capacity Utilization (Standalone) 80% 67% 61% Q1FY23 Q4FY23 Q1FY24 Note: All numbers in Crores unless specifically mentione
Slide 13: Leverage Profile
Leverage Profile Significant financial flexibility available for future organic and inorganic growth Consolidated Leverage Profile Standalone Leverage Profile (Rs. Crore) June- 23 Mar- 23 Dec- 22 Sept- 22 June- 22 (Rs. Crore) June- 23 Mar- 23 Dec- 22 Sept- 22 June- 22 Cash & Cash Cash & Cash 2,475 2
Slide 14: Quarterly Segment Performance
Quarterly Segment Performance Consolidated Segment Performance Standalone Segment Performance Q1 y-o-y Q4 q-o-q Q1 y-o-y Q4 q-o-q Growth Growth Growth Growth (Rs. Crore) FY2024 FY2023 FY2023 (Rs. Crore) FY2024 FY2023 FY2023 (%) (%) (%) (%) Graphite and Carbon 692 798 (13.3)% 763 (9.3)% Graphite and
Slide 15: Graphite India - At a Glance
Graphite India - At a Glance Company Background Industry Graphite India is the largest Indian producer The Company’s strategy is to become further Graphite electrodes are used in electric arc furnace (“EAF”) of graphite electrodes and one of the largest vertically integrated, continue its penetratio
Slide 16: Disclaimer
Disclaimer This presentation contains statements that contain “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to Graphite India’s future business developments and economic performance. W