34 slides from J.k. Cement's earnings presentation, Oct 26, 2024
Slide 1: Outcome of the Board Meeting - exchange filing letter
JKCL/35/SE/2024-25 (BM-6/24) 26th October, 2024 BSE Ltd. National Stock Exchange of India Ltd., Corporate Relationship Department, Exchange Plaza, Bandra Kurla Complex, Phiroze Jeejeebhoy Towers, Bandra (E), Mumbai-400051 Dalal Street, Fort, Mumbai-400001 Scrip Code: JKCEMENT (ISIN.INE Scrip Code:53
Slide 2: Q2 FY25
Q2 FY25
Slide 3: Agenda
Agenda ESG & CSR Performance Company Overview Q2 FY25 Performance
Slide 4: ESG & CSR Performance
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Slide 5: Key ESG Metrics and Sustainability Goals
Key ESG Metrics and Sustainability Goals CO2 Emission Green Power Mix Thermal Substitution Rate Water Positivity (kg/ton of cementitious material) (%) (%) (in times) FY24 512 51 16.3 4.5 YTD September 2024 510 49 13 4.5 TARGET FY30 465 75 35 5 Specific Net Scope 1 emission Green Power mix was 19% in
Slide 6: Social Impact and CSR Outreach
Social Impact and CSR Outreach Social and CSR Expenditure Social Impact Contribution for upliftment of society and eradication of poverty impacting lives of over 8.12 Lakhs both direct & indirect beneficiaries YTD September 2024 Contribution to Gram Vikas Society for community development Cattle Bre
Slide 7: Social Impact and CSR Outreach
Social Impact and CSR Outreach Distribution of Bedsheet at Vridh Ashram Health Camp organized at Panna Plantation drive at School in Muddapur Construction of ITI at Panna orphanage at Hamirpur Cattle Breed Improvement Programme at Solar light installation at Gotan Plantation drive at Gotan School ki
Slide 8: Company Overview
025 Fs Company Overview
Slide 9: Company Snapshot (standalone)
Company Snapshot (standalone ) Paint Portfolio: 24.34 MTPA 3.05 MTPA 77.50 MW Growing boundaries for Paints Business Grey Cement Capacity White Cement and Wall Putty Coal Based Captive (Includes 0.64 MTPA Capacity (Includes 0.60 MTPA in Power Capacity in Subsidiary) Subsidiary) 173.14 MW 82.3 MW 90.
Slide 10: Capacity expansion projects at Panna, Hamirpur, Prayagraj and Bihar
Raw Material Section –Panna Line-II Preheater Building-Panna Line-II 3.3 MTPA Grey Clinker Capacity at Panna 3 MTPA 3 MTPA Cement Capacity at Panna, Hamirpur & Split Grinding Unit at Bihar Prayagraj (1 MTPA at each location) - Order for main machinery, civil and mechanical contractors finalized - La
Slide 11: Business Performance Highlights: H1FY25
Business Performance Highlights: H1FY25 1% YoY ₹752 Cr Grey Cement Sales Volume , EBITDA, recorded growth despite weak demand 11% de-growth ₹ 32.08 Prayagraj (GU) produced 83 K MT cement Earning Per Share in first month of its operations Won two Coal Blocks in Focus on New Markets- Gained Madhya Pra
Slide 12: Q2 FY25 Performance
Q2 FY25 Performance
Slide 13: Grey Cement (standalone)
Grey Cement (standalone) Capacity Maintenance Volumes Net Sales Trade Mix Utilisation Realisation Cement- 64% Maintenance of major 3.80 Million Tons ₹4,708 per ton 65% kilns including Vs 63% in Q1FY25 Clinker- 67% prolonged shutdown Vs 4.33 Million Tons in Vs ₹ 4,669 per ton in due to excessive rain
Slide 14: Quarterly sales volumes (in Lakh Tons)
(Quarterly) (in Lakh Tons) ⬇︎ QoQ ⬇ YoY ⬆︎ QoQ ⬇ ⬇︎ QoQ ⬇ YoY YoY 0.3 5.1 1.9 5.8 5.3 1.2 1.3 0.0 43.3 43.6 0.4 39.3 38.4 3.9 3.9 4.0 39.3 38.0 Q2 FY24 Q1 FY25 Q2 FY25 Q2 FY24 Q1 FY25 Q2 FY25 Q2 FY24 Q1 FY25 Q2 FY25 Standalone Subsidiary Standalone Subsidiary Grey White Volume have grown in Central
Slide 15: Half-yearly sales volumes (in Lakh Tons)
(Half-yearly) (in Lakh Tons) ⬆︎ YoY ⬇︎ ⬆︎ YoY YoY 3.2 2.4 0.7 10.3 10.8 81.4 7.7 7.9 0.0 82.0 80.4 80.4 H1 FY24 H1 FY25 H1 FY24 H1 FY25 H1 FY24 H1 FY25 Standalone Subsidiary Standalone Subsidiary Grey White Volume growth is in low single digit owing to election & monsoon impact (YoY) 14
Slide 16: Quarterly Particulars (in ₹ Cr) Q2 FY25
Quarterly Particulars (in ₹ Cr) Q2 FY25 Q1 FY25 QoQ Q2 FY24 YoY Grey Net Sales 1,789 2,024 12% ⬇︎ 1,960 9% ⬇︎ White Net Sales 485 489 1% ⬇︎ 516 6% ⬇︎ Total Net Sales 2,274 2,513 9% ⬇︎ 2,476 8% ⬇︎ Combined EBITDA 273 479 43% ⬇︎ 447 39% ⬇︎ 15
Slide 17: Half-yearly Particulars (in ₹ Cr) H1 FY25
Half-yearly Particulars (in ₹ Cr) H1 FY25 H1 FY24 YoY Grey Net Sales 3,813 3,999 5% ⬇︎ White Net Sales 974 1018 4% ⬇︎ Total Net Sales 4,787 5,017 5% ⬇︎ Combined EBITDA 752 849 11% ⬇︎ 16
Slide 18: Quarterly Particulars (in ₹ Cr) Q2 FY25
Quarterly Particulars (in ₹ Cr) Q2 FY25 Q1 FY25 QoQ Q2 FY24 YoY Grey Net Sales 1,809 2,040 11% ⬇︎ 1,960 8% ⬇︎ White Net Sales 681 679 0.3% ⬆︎ 703 3% ⬇︎ Total Net Sales 2,490 2,719 8% ⬇︎ 2,663 7% ⬇︎ Combined EBITDA 284 486 42% ⬇︎ 467 39% ⬇︎ 17
Slide 19: Half-yearly Particulars (in ₹ Cr) H1 FY25
Half-yearly Particulars (in ₹ Cr) H1 FY25 H1 FY24 YoY Grey Net Sales 3848 3999 4% ⬇︎ White Net Sales 1361 1344 1%⬆︎ Total Net Sales 5209 5343 3% ⬇︎ Combined EBITDA 770 875 12% ⬇︎ 18
Slide 20: Pet coke and diesel price trends
Jul-23 109.8 ($/MT) Aug-23 125.0 Sep-23 132.3 Oct-23 129.0 Nov-23 134.3 Dec-23 125.9 Pet Coke prices are on declining trend Jan-24 Feb-24 116.8 116.7 Mar-24 114.0 Apr-24 May-24 112.4 111.8 Jun-24 Jul-24 Aug-24 106.5 107.2 107.3 Sep-24 102.7 Jul-23 92.70 Aug-23 (₹/Litre) Sep-23 Oct-23 Nov-23 Dec-23 D
Slide 21: Cost Trend (Grey standalone) (quarterly)
Cost Trend (Grey standalone) (quarterly) (₹/K. Cal) (₹/MT) 1.94 ⬆︎ QoQ ⬇ YoY 1.65 1.62 958 832 842 Q2 FY24 Q1 FY25 Q2 FY25 Q2 FY24 Q1 FY25 Q2 FY25 Reduction in Pet Coke price (YoY) 20
Slide 22: Cost Trend (Grey standalone) (quarterly)
Cost Trend (Grey standalone) (quarterly) (Kms) (₹/MT) 1% ⬆︎QoQ ⬆︎YoY 419 418 415 1,245 1,227 1141 Q2 FY24 Q1 FY25 Q2 FY25 Q2 FY24 Q1 FY25 Q2 FY25 Increase in lead due to extended footprint 21
Slide 23: Cost Trend (standalone) (quarterly)
Cost Trend (standalone) (quarterly) (₹/MT) (₹/MT) ⬆︎ ⬆︎ ⬆︎ ⬆︎ QoQ YoY QoQ YoY 485 1151 1,013 422 826 382 Q2 FY24 Q1 FY25 Q2 FY25 Q2 FY24 Q1 FY25 Q2 FY25 Higher due to Shutdown / Maintenance (Rs 140 per tonne ), Higher due to operating de-leverage & employee welfare activities Re- Branding ( Rs 60 pe
Slide 24: Cost Trend (standalone) (half-yearly)
Cost Trend (standalone) (half-yearly) (₹/MT) (₹/MT) ⬆︎ ⬆︎ YoY YoY 953 979 451 376 H1 FY24 H1 FY25 H1 FY24 H1 FY25 High due to increments,recruitments & employee welfare activities Slightly higher due to maintenance & branding overheads 23
Slide 25: Quarterly Particulars (in ₹ Cr) Q2 FY25
Quarterly Particulars (in ₹ Cr) Q2 FY25 Q1 FY25 QoQ Q2 FY24 YoY Net Sales 2,322 2,555 9% ⬇︎ 2,476 6% ⬇︎ Revenue from Operations 2,392 2,643 10% ⬇︎ 2,571 7% ⬇ Operating Expenses 2,119 2,164 2% ⬆︎ 2,124 0.2% ⬆︎ EBITDA 273 479 43% ⬇︎ 447 39% ⬇ Margins % 11.7% 18.7% 37% ⬇︎ 18.0% 35% ⬇ Depreciation 126 1
Slide 26: Half-yearly Particulars (in ₹ Cr) H1 FY25
Half-yearly Particulars (in ₹ Cr) H1 FY25 H1 FY24 YoY Net Sales 4877 5017 3% ⬇︎ Revenue from Operations 5,035 5,194 3% ⬇︎ Operating Expenses 4,283 4,345 1% ⬆︎ EBITDA 752 849 11% ⬇ Margins % 15.4% 16.9% 9% ⬇ Depreciation 251 237 6% ⬇︎ Finance Cost 226 215 5% ⬇︎ Other Income 81 57 41% ⬆︎ Profit before
Slide 27: Quarterly Particulars (in ₹ Cr) Q2 FY25
Quarterly Particulars (in ₹ Cr) Q2 FY25 Q1 FY25 QoQ Q2 FY24 YoY Net Sales 2,490 2,719 8% ⬇︎ 2,663 7% ⬇︎ Revenue from Operations 2,560 2,808 9% ⬇︎ 2,753 7% ⬇ Operating Expenses 2,276 2,322 2% ⬆︎ 2,286 0.4% ⬆︎ EBITDA 284 486 42% ⬇︎ 467 39% ⬇ Margins % 11.4% 17.8% 36% ⬇︎ 17.5% 35% ⬇ Depreciation 146 14
Slide 28: Half-yearly Particulars (in ₹ Cr) H1 FY25
Half-yearly Particulars (in ₹ Cr) H1 FY25 H1 FY24 YoY Net Sales 5,209 5,343 3% ⬇︎ Revenue from Operations 5,368 5,515 3% ⬇︎ Operating Expenses 4,598 4,640 1% ⬆︎ EBITDA 770 875 12% ⬇ Margins % 14.7% 16.3% 10% ⬇ Depreciation 294 279 5% ⬇︎ Finance Cost 233 224 4% ⬇︎ Other Income 83 61 35% ⬆︎ Profit bef
Slide 29: (₹ Cr) (₹ Cr) (₹ Cr)
(₹ Cr) (₹ Cr) (₹ Cr) 4,592 4,664 3,044 2,011 2,582 1,620 FY24 30th Sep 2024 FY24 30th Sep 2024 FY24 30th Sep 2024 28
Slide 30: FY24 30th Sep 2024 FY24 30th Sep 2024 FY24 30th Sep 2024
(₹ Cr) 1.60 5,446 0.56 5,353 1.29 0.48 FY24 30th Sep 2024 FY24 30th Sep 2024 FY24 30th Sep 2024 29
Slide 31: Awards & Accolades
mguKc Awards & Accolades @ « 8" NATIONAL ENERGY EFFICIENCY @ Circte Competition 2024 «Thursday - Friday, 11-12 July 2024, Hybrid Mode ‘Venue : Cll, Sector 31 - A, Chandigarh This is to certify that has been awarded as the under the Category Best Energy Efficient Designated Consumer (Under BEE PAT Sc
Slide 32: Celebrating 140 Years of JK Organisation
763A6612.JPG 763A6612.JPG Celebrating 140 Years of JK Organisation 31
Slide 33: Celebrating Significant Milestones
Celebrating Significant Milestones To embark the journey of 50 years of Grey Business and 40 years of White Business, throughout the year we would be organising welfare programme for employees and our stakeholders 140 years 50 years 40 years of strong foundation in the Grey Cement Business in the Wh
Slide 34: Thank you
Thank you