Jsw Infrastructure Limited · NSE:JSWINFRA
Jsw Infrastructure — Investor Presentation (May 2024)
32 slides from Jsw Infrastructure's investor presentation, May 2024
Slide 1: Investor Presentation May 2024
Investor Presentation May 2024 JSW Infrastructure Investor Presentation
Slide 2: Forward Looking and Cautionary Statement
Forward Looking and Cautionary Statement This presentation has been prepared by JSW Infrastructure (the “Company”) based upon information available in the public domain solely for information purposes without regard to any specific objectives, financial situations or informational needs of any parti
Slide 3: Agenda
Agenda JSW Infrastructure- An Overview Indian Economy & Strong Fundamentals of Port Sector Growth Strategy and Business Update FY24 Operational & Financial Performance Robust Financials and Strong Balance Sheet Sustainability To Conclude Appendix JSW Infrastructure Investor Presentation 3
Slide 4: An Overview
An Overview JSW Infrastructure Investor Presentation 4
Slide 5: JSW Group Overview
Infrastructure Steel JSW Group Second largest private port operator in India -170 mtpa capacity Strategically located Ports and Terminals on the west and India’s leading integrated steel producer Crude steel capacity of 36.22 mtpa, growing east coast of India Overview Equity listing in Oct
Slide 6: JSW Infrastructure: Strategically Located Assets
JSW Infrastructure: Strategically Located Assets India International Total Operational capacity 170 mtpa1 UAE Liquid Storage Terminal Fujairah Dharamtar Port 34.0 465,000 m3 (5 mtpa) PNP Port2 5.0 Jaigarh Port 55.0 10.0 Paradip Odisha Iron Ore Terminal Maharashtra Paradip South West Port 8.5 30.0 Co
Slide 7: Well Equipped Ports and Terminals with Multi-Modal Evacuation Channels
Well Equipped Ports and Terminals with Multi-Modal Evacuation Channels Majority of the ports have the natural advantage of a deep draft, permitting direct berthing of larger vessels like cape size and post panamax vessels, and multi modal evacuation channels enabling us to provide customized supply
Slide 8: India Growth Story and Strong Fundamentals of Port Sector
India Growth Story and Strong Fundamentals of Port Sector JSW Infrastructure Investor Presentation 8
Slide 9: Indian Economy Poised to Grow
Indian Economy Poised to Grow India on Track to be 3rd Largest Economy with a Size Of $7 Tn+ Government’s Thrust on Infra Capex Infra Capital Expenditure (₹ Trillion) 11 10 GPD (USD Tn) GDP (USD Tn) GDP (USD Tn) CY23 CY28P CY30P 7 6 USA 4 27.3 USA 33.6 3 3 4 3 India expected to remain within 2 2 the
Slide 10: Indian Port Sector - Strong Fundamentals
Indian Port Sector - Strong Fundamentals 7,500+ km of coastline and 5,000 km of navigable waterways Maritime routes contribute 95% of India’s trade volume Port capacity to Quadruple to 10,000 mtpa by 2047 India has 12 major and 200+ non-major ports with a capacity of ~2,600 mtpa 10,000 12 Major Port
Slide 11: Growth Strategy and Business Update
Growth Strategy and Business Update JSW Infrastructure Investor Presentation 11
Slide 12: 2030 Road Map for Growth and Value Creation
2030 Road Map for Growth and Value Creation ~2.4x increase in overall capacity All fig. in CAGR: ~15% mtpa Keni, Karnataka 30 Levers to Accelerate Growth Liquid Berths at JNPT 4.5 V.O Chidambarana Port, 7.0 Tuticorin Privatisation Bids - LPG (2mtpa at Jaigarh) & 3.8 Balancing sustained growth Contai
Slide 13: Acquisition of 465,000 Cubic Meter Liquid Storage Terminal at Fujairah, UAE
Acquisition of 465,000 Cubic Meter Liquid Storage Terminal at Fujairah, UAE Value Accretive Acquisition Foray into the lucrative liquid storage business at Fujairah Port Hub JSW Infrastructure through its wholly owned subsidiary JSW Terminal Middle East FZE, has executed a Share Purchase agreement w
Slide 14: Greenfield Port Development at Keni, Karnataka
Greenfield Port Development at Keni, Karnataka • Winning bidder for development of greenfield port at Keni in Karnataka • Concession agreement signed with Karnataka Maritime Board Keni Port is located strategically between two operational Major Ports viz. Mormugao Port in the north and New Mangalore
Slide 15: Acquisition of Majority Stake in PNP Port
Acquisition of Majority Stake in PNP Port Strategic Transaction Strategic location- Opposite to company’s Dharamatar Port, twenty nautical miles from Mumbai Anchorage and well- connected with Rail and Road JSW Infrastructure has signed SPA, through its subsidiary, JSW Dharamatar Port, with SP Port M
Slide 16: Winner of concession bids
Winner of concession bids Projects won through Public Private Partnership (PPP) mode North Cargo Berth-III at V.O. Chidambaranar Port (Tuticorin) Liquid Berths (LB3 & LB4 ) at Jawaharlal Nehru (JN) Port • Permissible Draft- 14.2 meters • Cargo Capacity -7 mtpa • Permissible Draft- 14.8 meters (LB3)
Slide 17: FY2024 Results update Operational & Financial Performance
FY2024 Results update Operational & Financial Performance JSW Infrastructure Investor Presentation
Slide 18: FY 2024 - A Year of Delivering Promises
FY 2024 - A Year of Delivering Promises • Total Cargo Handled 106 MT (+15% YoY), EBITDA at ₹2,234 Crore (+24% YoY) and net profit of ₹1,161 Crore (+55% YoY) • Successful equity listing in October 2023, the current market cap of ~US$6.1bn, Dividend of ₹0.55*/share • Acquisition of 465,000 Cubic Meter
Slide 19: Q4 & FY 2024: Operational Performance
Q4 & FY 2024: Operational Performance Cargo Handled Third Party Cargo Cargo Handled Key Drivers – Q4 FY24 (MT) (MT) (Customer Mix) • Total Cargo Handled of 29.3 MT in Q4 FY24, growth of 9% YoY Q4 +9% YoY +35% YoY o Increase in capacity utilization at the Paradip Coal Terminal and Ennore Coal Termina
Slide 20: Q4 & FY 2024: Consolidated Financial Performance
Q4 & FY 2024: Consolidated Financial Performance Total Revenue EBITDA PAT Key Drivers- Q4 FY24 (₹ Crore) (₹ Crore) (₹ Crore) • Revenue growth is primarily driven by an increase in Cargo volume Q4 +23% YoY +29% YoY +9% YoY • EBITDA growth on the back of increased revenue 1,200 329 685 973 302 530 Q4
Slide 21: Key Performance Indicators- FY24
Key Performance Indicators- FY24 Revenue from operations Total Revenue Operating EBITDA (₹ Crore) EBITDA (₹ Crore) (₹ Crore) (₹ Crore) & Margin (%) & Margin (%) 52.2% 55.4% 50.7% 53.3% +18% YoY +20% YoY 3,763 4,032 2,234 3,373 1,965 3,195 1,620 1,798 FY23 FY24 FY23 FY24 FY23 FY24 FY23 FY24 PBT & PAT
Slide 22: Track Record of Robust Growth and Strong Balance Sheet
Track Record of Robust Growth and Strong Balance Sheet JSW Infrastructure Investor Presentation 22
Slide 23: Robust Operational and Financial Metrics
Robust Operational and Financial Metrics Capacity (mtpa) & Utilization (%) Cargo Handled (MT) Total Revenue (₹ Cr) Capacity Vol Utilization 4,032 46 62 93 106 FY21-24 56.9% 61.1% CAGR: 33.9% 3,373 35.2% 38.4% 170 2,379 158 67% 60% 75% 75% 119 153 1,678 33% 40% 25% 25% FY21 FY22 FY23 FY24 FY21 FY22 F
Slide 24: Strong Balance Sheet
Strong Balance Sheet Well-Positioned to Pursue Growth Opportunities Raised capital at competitive rates Net debt / equity1 1.17x • In January 2022, issued a USD 400 million 4.95% 0.96x sustainability-linked senior secured notes due in 2029 0.54x 0.01x • International Ratings FY21 FY22 FY23 FY24 Fi
Slide 25: Sustainability
Sustainability JSW Infrastructure Investor Presentation 25
Slide 26: Sustainability Strategy Focus Areas and Governance
Sustainability Strategy 16 Focus Areas Governance and Oversight By Board-level Business Responsibility and Sustainability Climate Change: Biodiversity: No Net Loss for Biodiversity Committee • Aligned with India’s Nationally Determined Contributions targets for reduction in Emission Independent Inte
Slide 27: Sustainability - Key Performance Indicators
Sustainability - Key Performance Indicators Specific Energy Consumption (KJ/tch) GHG Emission Intensity (Kg CO2 e/tch) Specific Freshwater Consumption (L/tch) 8,751 6.9 1.30 7,444 1.25 7,102 5.4 1.12 4.6 1.01 FY21 FY22 FY23 FY24 FY22 FY23 FY24 FY22 FY23 FY24 Waste Recycled (%) Renewable Energy (MWh)
Slide 28: Our Commitment to Society
Our Commitment to Society Key Intervention Areas Health and Nutrition Water, Environment and Sanitation Health and Nutrition Education • 10,700+ people reached through Agriculture and Water, Environment Allied Livelihoods and Sanitation community health camps • 200 women everyday utilizing a toilet
Slide 29: To Conclude
To Conclude JSW Infrastructure is the second largest private port operator in India with 170 mtpa capacity Strategically located assets with well equipped Ports and Terminals with Multi-Modal Evacuation Channels Well placed to reap the benefits of the growing Indian economy, massive infra build, str
Slide 30: Appendix
Appendix JSW Infrastructure Investor Presentation 30
Slide 31: Key information- Cargo Handled
Key information- Cargo Handled Cargo Handled Legal Entity (MT) Particulars FY23 FY24 JSW Infrastructure Limited Standalone 2.7 2.7 JSW Jaigarh Port Limited Jaigarh Port 20.2 21.5 JSW Dharamtar Port Private Limited Dahramtar Port 24.0 25.1 South West Port Limited Goa 7.1 7.2 JSW Paradip Terminal Priv
Slide 32: THANK YOU
THANK YOU Investor Relations Contact ir.infra@jsw.in JSW Infrastructure Investor Presentation 32 32
JSW Infrastructure — Investor Presentation (May 2024) on 6ix