Gravita India Limited · NSE:GRAVITA
Gravita India — H1 FY2020 Earnings Presentation
21 slides from Gravita India's earnings presentation, Nov 13, 2019
Slide 1: Intimation under Regulation 30 - Investor Presentation
GRAVITA INDIA LTD. ~~ GRAVITA Corp. Office : 402, Gravlta Tower. A- 27 B. Shantl Path. Tllak Nagar. JAIPUR-302 004, Rajasthan (INDIA) Phone : +91- 141- 2623266, 2622697 FAX : +91-141-2621491 E- mail : lnfo@gravltalndia.com Web. : www.gravitaindla.com CIN : L29308RJI992PLC006870 13 111 November 2019
Slide 2: Earnings Presentation H1 / Q2-FY20
EARNINGS PRESENTATION H1 / Q2-FY20
Slide 3: Executive Summary
Executive Summary • Incorporated in 1992, Gravita India Ltd. (Gravita) is engaged in recycling of Used Lead Acid Batteries, Cable Scrap / other Lead Scrap, Aluminum Scrap and Plastic Scrap etc. • Gravita has 13 strategically located recycling facilities in Asia, Africa and Central America with a cap
Slide 4: Company Overview
COMPANY OVERVIEW
Slide 5: Company Overview
Company Overview • Gravita India Ltd. (Gravita) is a leading global non-ferrous secondary metal and 8.62% one of India’s largest secondary Lead metal producing company. 8.05% • A vertically integrated business, economies of scale and a diversified team of 5,711 3,845 6.01% professionals enable it to
Slide 6: Geographical Presence
Geographical Presence Head Quarters India (Jaipur, RJ) EXISTING FACILITIES Americas UPCOMING FACILITIES • Nicaragua (Managua) • Jamaica (Kingston) Asia • Costa Rica (San Jose) • India (Jaipur, Rajasthan) • Dominican Republic (San • India (SEZ, Jaipur, Rajasthan) Domingo) Africa • India Chittoor (And
Slide 7: Scrap Collection
Scrap Collection OVERVIEW ❖ The main raw materials used for production includes Used Lead Acid Batteries (ULAB), Other Lead Scrap, Aluminium Scrap and Plastic Scrap. ❖ The company collects scrap from more than 20 countries including own scrap collection centers in more than 10 countries. ❖ These raw
Slide 8: H1 / Q2-FY20 Financial Highlights
H1 / Q2-FY20 FINANCIALS S HIGHLIGHTS We Recycle to Save Environment (7) 7
Slide 9: H1 / Q2-FY20 Financial Highlights
H1 / Q2-FY20 Financial Highlights ❑Q2-FY20 Financial Highlights (Standalone) ❑Q2-FY20 Financial Highlights (Consolidated) • Operational Revenue : INR 2,838 Mn • Operational Revenue : INR 3,277 Mn • EBITDA : INR 120 Mn • EBITDA : INR 206 Mn • EBITDA Margin : 4.23% • EBITDA Margin : 6.29% • Net Profit
Slide 10: Q2-FY20 Operational Highlights
Q2-FY20 Operational Highlights • The overall production during the quarter increased by 25% Y-o-Y. The increase in production was due to higher capacity utilization at existing plants along with additional capacities installed at Ghana and Tanzania plants. • During the quarter the company has been a
Slide 11: Q2-FY20 Income Statement (Standalone)
Q2-FY20 Income Statement (Standalone) Particulars (INR Mn) Q2-FY20 Q1-FY20 Q-o-Q Q2-FY19 Y-o-Y Operational Income 2,838 2,312 22.8% 2,370 19.7% Total Expenses 2,718 2,184 24.5% 2,337 16.3% EBITDA 120 128 (6.3)% 33 NA EBITDA Margin (%) 4.23% 5.54% (131) Bps 1.39% 284 bps Depreciation 22 21 4.8% 16 37
Slide 12: H1-FY20 Income Statement (Standalone)
H1-FY20 Income Statement (Standalone) Particulars (INR Mn) H1-FY20 H1-FY19 Y-o-Y Operational Income 5,150 4,738 8.7% Total Expenses 4,902 4,572 7.2% EBITDA 248 166 49.4% EBITDA Margin (%) 4.82% 3.50% 132 bps Depreciation 43 32 34.4% Finance Cost 120 104 15.4% Other Income 10 12 (16.7)% PBT 95 42 NA
Slide 13: Q2-FY20 Income Statement (Consolidated)
Q2-FY20 Income Statement (Consolidated) Particulars (INR Mn) Q2-FY20 Q1-FY20 Q-o-Q Q2-FY19 Y-o-Y Operational Income 3,277 2,644 23.9% 2,927 12.0% Total Expenses 3,071 2,495 23.1% 2,784 10.3% EBITDA 206 149 38.3% 143 44.1% EBITDA Margin (%) 6.29% 5.64% 65 Bps 4.89% 140 Bps Depreciation 46 41 12.2% 27
Slide 14: H1-FY20 Income Statement (Consolidated)
H1-FY20 Income Statement (Consolidated) Particulars (INR Mn) H1-FY20 H1-FY19 Y-o-Y Operational Income 5,920 5,977 (0.9)% Total Expenses 5,564 5,608 (0.8)% EBITDA 356 369 (3.5)% EBITDA Margin (%) 6.01% 6.17% (16) Bps Depreciation 87 54 61.1% Finance Cost 139 113 23.0% Other Income 7 11 (36.4)% PBT 13
Slide 15: Historical Financial Overview
HISTORICAL FINANCIAL S OVERVIEW We Recycle to Save Environment (12) 12
Slide 16: Standalone Income Statement
Standalone Income Statement Particulars (INR Mn) FY17 FY18 FY19 H1-FY20 Operational Income 5,577 7,966 10,594 5,150 Total Expenses 5,203 7,407 10,198 4,902 EBITDA 374 559 396 248 EBITDA Margin (%) 6.71% 7.02% 3.74% 4.82% Depreciation 33 49 68 43 Finance Cost 78 160 208 120 Other Income 21 13 121 10
Slide 17: Standalone Balance Sheet
Standalone Balance Sheet EQUITIES & LIABILITIES (INR Mn) FY18 FY19 H1-FY20 ASSETS (INR Mn) FY18 FY19 H1-FY20 Shareholder Funds 1,359 1,494 1,600 Non-current Assets 1,219 1,419 1,486 (A) Share Capital 138 137 138 (A) Property, Plant and Equipment 812 1,062 1,099 (B) Other Equity 1,221 1,357 1,462 (B)
Slide 18: Consolidated Income Statement
Consolidated Income Statement Particulars (INR Mn) FY17 FY18 FY19 H1-FY20 Operational Income 6,881 10,295 12,417 5,920 Total Expenses 6,327 9,408 11,830 5,564 EBITDA 554 887 587 356 EBITDA Margin (%) 8.05% 8.62% 4.73% 6.01% Depreciation 59 87 116 87 Finance Cost 86 174 230 139 Other Income 26 16 55
Slide 19: Consolidated Balance Sheet
Consolidated Balance Sheet EQUITIES & LIABILITIES (INR Mn) FY18 FY19 H1-FY20 ASSETS (INR Mn) FY18 FY19 H1-FY20 Shareholder Funds 1,946 2,040 2,189 Non-current Assets 1,451 2,029 2,160 (A) Share Capital 137 137 138 (A) Property, Plant and Equipment 1,077 1,356 1,616 (B) Other Equity 1,760 1,856 1,989
Slide 20: Financial Highlights (Consolidated)
Financial Highlights (Consolidated) Operational Revenue (INR Mn) EBITDA (INR Mn) & EBITDA Margin (%) 12,417 8.05% 8.62% 10,295 4.73% 6,881 887 3.57% 554 4,513 587 161 FY16 FY17 FY18 FY19 FY16 FY17 FY18 FY19 EBITDA EBITDA MARGIN (%) PAT (INR Mn) & PAT Margin (%) RoE & RoCE (%) 5.10% 4.62% 38% 30% 476
Slide 21: Disclaimer
Disclaimer Gravita India Limited 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 and opinions are in all events n