Graphite India Limited · NSE:GRAPHITE
Graphite India — FY2022 Earnings Presentation
19 slides from Graphite India's earnings presentation, May 23, 2022
Slide 1: Stock exchange cover letter for earnings presentation
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Slide 2: Q4 and Full Year FY2022 Earnings Presentation
NSE: GRAPHITE, BSE: 509488 Q4 and Full Year FY2022 Earnings Presentation May 23, 2022
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 - Consolidated
Executive Summary - Consolidated Q4 and Full Year FY2022 Consolidated Financial Performance o Net Sales of Rs. 3,026 Crores, up by 55% y-o-y o EBITDA excluding CSR expense and one time income is Rs. 799 Crores as compared to Rs. 93 Crores in FY2022 o Gross Debt of Rs. 428 Crores FY21 Balance Sheet P
Slide 5: Executive Summary - Standalone
Executive Summary - Standalone Q4 and Full Year FY2022 Standalone Financial Performance o Net Sales of Rs. 2,799 Crores, up by 52% y-o-y o Net Sales of Rs. 767 Crores, an increase of 36% y-o-y o EBITDA excluding CSR expense and one time income o EBITDA excluding CSR expense and one time income is Rs
Slide 6: Chairman's Message
Chairman’s Message “During FY2022, Graphite India registered a Consolidated Net sales of Rs. 3,026 Cr, growth of 55%, EBITDA before CSR expense of Rs. 799 Cr and Net Profit of Rs. 505 Cr. The capacity utilization during the year was 81% as compared to 58% in FY2021. Standalone Net Sales were Rs. 2,7
Slide 7: Steel Industry Overview
Steel Industry Overview Crude Steel Production Three Months Ended Year Ended (million MT) Mar-22 Mar-21 Y-o-Y (%) Dec-21 Q-o-Q (%) 2021 2020 Y-o-Y (%) Asia and Oceania 331.3 359.3 (7.8)% 315.1 5.1% 1,382.0 1,373.8 0.6% India 31.9 30.1 5.9% 30.0 6.3% 118.1 100.3 17.8% China 243.4 272.0 (10.5)% 227.1
Slide 8: Steel Industry Outlook and Dynamics
Steel Industry Outlook and Dynamics ▪ As per World Steel Association (WSA) Global crude steel production decreased by 6.8% to 456.6 Mt in Q1 CY2022 compared to 490 Mt in Q1 CY2021 ▪ Global crude steel production excluding China registered a decrease of 2.2% on y-o-y due to slowdown arising from the
Slide 9: Graphite Electrode Industry
Graphite Electrode Industry ▪ As per S&P Platts, In 2021, China has approved the construction of 43 new EAFs with a total crude steel capacity of 29 million mt/year through capacity swaps, while in 2020, only about 10 million mt/year of new EAFs got construction approvals ▪ The new EAF capacities ar
Slide 10: Consolidated Financial Performance
Consolidated Financial Performance Q4 y-o-y Q3 q-o-q Year Ended y-o-y Growth Growth Growth (Rs. Crore) FY2022 FY2021 FY2022 FY2022 FY2021 Comments (%) (%) (%) Net Sales 844 565 49% 880 (4%) 3,026 1,958 55% (Excluding Other Income) In FY2022, sales y-o-y growth Other Income 71 56 27% 66 8% 294 316 (7
Slide 11: Standalone Financial Performance
Standalone Financial Performance Q4 y-o-y Q3 q-o-q Year Ended y-o-y Growth Growth Growth (Rs. Crore) FY2022 FY2021 FY2022 FY2022 FY2021 Comments (%) (%) (%) Net Sales 767 563 36% 835 (8%) 2,799 1,839 52% (Excluding Other Income) In FY2022, sales y-o-y growth Other Income 74 53 40% 61 21% 279 306 (9%
Slide 12: Annual Performance Trends
Annual Performance Trends Consolidated Standalone 7,858 6,737 Net Sales 3,291 3,094 3,026 2,983 2,875 2,799 1,958 1,839 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 67% 65% Operating Profit 47% 5,233 48% 4,403 25% 29% 1,441 18% 3% 6% 803 769 2% 1,533 111 322 95 62 FY18 FY19 FY20 FY21 FY22 FY18
Slide 13: Quarter Performance Trends
Quarter Performance Trends Consolidated Net Sales Standalone Net Sales 880 835 844 767 565 563 Q4FY21 Q3FY22 Q4FY22 Q4FY21 Q3FY22 Q4FY22 Consolidated Operating Profit / (Loss) Standalone Operating Profit / (Loss) 218 203 181 181 159 134 23% 32% 26% 24% 19% 24% Q4FY21 Q3FY22 Q4FY22 Q4FY21 Q3FY22 Q4FY
Slide 14: Quarter Performance Trends
Quarter Performance Trends Consolidated Net Profit / (Loss) Standalone Net Profit / (Loss) 132 20% 155 95 122 64 114 15% 19% 16% 11% 11% Q4FY21 Q3FY22 Q4FY22 Q4FY21 Q3FY22 Q4FY22 Consolidated Capacity Utilization Standalone Capacity Utilization 90% 99% 73% 76% 92% 85% Q4FY21 Q3FY22 Q4FY22 Q4FY21 Q3F
Slide 15: Leverage Profile
Leverage Profile Significant financial flexibility available for future organic and inorganic growth Consolidated Leverage Profile Standalone Leverage Profile (Rs. Crore) Mar-22 Dec-21 Sep-21 June-21 Mar-21 (Rs. Crore) Mar- 22 Dec- 21 Sep- 21 June- 21 Mar- 21 Cash & Cash Cash & Cash 2,774 2,785 2,90
Slide 16: Annual Segment Performance
Annual Segment Performance Consolidated Segment Performance Standalone Segment Performance Full Year y-o-y Full Year y-o-y (Rs. Crore) FY2022 FY2021 Growth (%) (Rs. Crore) FY2022 FY2021 Growth (%) Graphite and Carbon 2,808 1,813 55% Graphite and Carbon 2,619 1,719 52% Others 219 145 51% Others 181 1
Slide 17: Quarterly Segment Performance
Quarterly Segment Performance Consolidated Segment Performance Standalone Segment Performance Q4 y-o-y Q3 q-o-q Q4 y-o-y Q3 q-o-q Growth Growth Growth Growth (Rs. Crore) FY2022 FY2021 FY2022 (Rs. Crore) FY2022 FY2021 FY2022 (%) (%) (%) (%) Graphite and Carbon 790 527 50% 824 (4)% Graphite and Carbon
Slide 18: 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 19: 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