Sandur Manganese & Iron Ores Ltd · NSE:SANDUMA
Sandur Manganese & Iron Ores — The Sandur Manganese & Iron Ores — Q3 FY23 Earnings Presentation
20 slides from Sandur Manganese & Iron Ores's earnings presentation, Feb 10, 2023
Slide 1: Cover letter to BSE: Investor Presentation for quarter ended 31 December 2022
(An ISO 9001:2015; ISO 14001:2015 and 45001:2018 certified company) CIN: L85110KA1954PLC000759; Website: www.sandurgroup.com REGISTERED OFFICE CORPORATE OFFICE ‘SATYALAYA’, No.266 ‘SANDUR HOUSE’, No.9 Ward No.1, Palace Road Bellary Road, Sadashivanagar Sandur – 583 119, Ballari District Bengaluru –
Slide 2: Q3FY23 Earnings Presentation: Towards an integrated future
THE SANDUR THE SANDURMANGANESE MANGANESE&& IRON ORES LIMITED IRON ORES LIMITED Q3FY23 Towards an integrated future Earnings Presentation FEBRUARY 2023
Slide 3: SMIORE at a Glance
ABO U T S AND U R 2 SMIORE at a Glance EARNINGS PRESENTATION 6+ decades VAST MINING RESERVES WITH LEASES 17 MT 105 MT As one of the most respected private sector Manganese Ore Iron Ore UP TO 2033 merchant miners of manganese and iron ore 3rd Largest Manganese ore miner in India A / Stable CAPACITIES
Slide 4: Operational Units
ABO U T S AND U R 3 Operational Units EARNINGS PRESENTATION 1904 Sandur 7,511 HA Ballari and Vijayanagara (Districts), Karnataka Original Lease 1973 Bengaluru 1974 Area Surrendered: Corporate Office 4,715 HA ~2,800 HA First Renewal Mining Leases (Deogiri, Kammathuru, 1993 Subbarayanahalli and Ramgha
Slide 5: Transforming Business Canvas
ABO U T S AND U R 4 Transforming Business Canvas EARNINGS PRESENTATION MINING FERROALLOYS POWER COKE AND ENERGY DI PIPES AND PIG IRON TRAITS 0.28 MTPA FY20 AND BEFORE Manganese Ore REVENUE CONTRIBUTION PBT CONTRIBUTION FY18-20 (%) FY18-20 (%) Asset light, free cash-rich generating mining operations
Slide 6: Transforming Business Canvas (Going Forward)
ABO U T S AND U R 5 Transforming Business Canvas (Going Forward) EARNINGS PRESENTATION MINING FERROALLOYS POWER COKE AND ENERGY DI PIPES AND PIG IRON TRAITS EXISTING CAPACITY 0.28 MTPA 0.50 Manganese Ore MTPA Coke 32 MW WHRB 1.60 MTPA 95,000/ 1,25,000 TPA Based Iron Ore Ferroalloys (Si/Mn) Energy 0.
Slide 7: Improving Profit Profile
ABO U T S AND U R 6 Improving Profit Profile EARNINGS PRESENTATION F Y 1 8 - 2 0 ( A v e r a g e *) Multifold increase in absolute PBT ₹ 230 Mining 98% Crore Ferroalloys 02% FY21 ₹ 296 Mining 87% Ferroalloys 04% Crore Coke and Energy 09% Diversi- FY22 fication in profit profile of Mining 52% the Com
Slide 8: Values that Drive Us
ABO U T S AND U R 7 Values that Drive Us EARNINGS PRESENTATION SANDUR Some of SMIORE’s is run by the ethos successful Welfare Scientific Mining & Employee Programs “All that we get (earn) from the Sustainable Welfare & soil of Sandur in one form or Operations Development the other should be primaril
Slide 9: Mining - our mainstay
BU S INE S S VE RT IC AL S RE VIE W 8 Mining - our mainstay EARNINGS PRESENTATION Mining manganese and iron ores Mining operations with one of from two mining leases located in the best operating metrics & Sandur (Karnataka) track record in the Industry Fully-mechanized iron ore mining Mining operat
Slide 10: Ferroalloys - new and improved
BU S INE S S VE RT IC AL S RE VIE W 9 Ferroalloys - new and improved CAPACITIES EARNINGS PRESENTATION FY22 Turned around ferroalloys Achieved a shift towards a cleaner FERROALLOYS MINING 95,000/ operations in FY21 through source of energy from its OPERATIONS feasible power generation previously used
Slide 11: Coke and Energy - strengthening operations
BU S INE S S VE RT IC AL S RE VIE W 10 Coke and Energy - strengthening operations EARNINGS PRESENTATION March 2018 Started expansion work 0.5 MTPA 4 Batteries with a cumulative capacity of 0.5 MTPA 32 MW 2 Waste Heat Recovery Boilers with a cumulative capacity of 32 MW setup for generating cleaner e
Slide 12: Investment Rationale
C O NC L U S IO N 11 Investment Rationale EARNINGS PRESENTATION Stable & Growing New and Improved Emerging Cash Flows Ferroalloys Integrated Player, Through long-standing Operations, contributing meaningfully Merchant miner mining operations to financial performance to hot metal & value-added produc
Slide 13: Key Performance Indicators
F INANC IAL S RE VIE W 12 Key Performance Indicators EARNINGS PRESENTATION REVENUE, EBITDA EBITDA MARGINS PBT & PAT (₹ IN CRORE) (IN %) (₹ IN CRORE) 2,249 1,009 612 177 592 201 165 107 219 142 175 147 250 154 675 915 747 289 702 233 32 34 38 44 28 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 FY
Slide 14: Q3FY23 Operational Highlights
Q 3F Y 23 PE RF O RM ANC E HIG HL IG HT S 13 Q3FY23 Operational Highlights EARNINGS PRESENTATION MANGANESE ORE IRON ORE FERROALLOYS COKE Production 0.70 Lakh Tonne 4.05 Lakh Tonne 15,254 Tonne 0.36* Lakh Tonne Sales 0.47 Lakh Tonne 4.15 Lakh Tonne 14,063 Tonne 0.34 Lakh Tonne YoY Sales Volume 89% 43
Slide 15: Q3FY23 Segment Highlights
Q 3F Y 23 PE RF O RM ANC E HIG HL IG HT S 14 Q3FY23 Segment Highlights EARNINGS PRESENTATION MANGANESE ORE OPERATIONAL PERFORMANCE IRON ORE OPERATIONAL PERFORMANCE (Lakh Tonnes & ₹/Tonne) (Lakh Tonnes & ₹/Tonne) 1.00 10,766 12,000 6.00 3,990 4,500 0.86 3,726 4.98 3,268 4,000 8,764 8,639 8,276 10,000
Slide 16: Q3FY23 Financial Highlights
Q 3F Y 23 PE RF O RM ANC E HIG HL IG HT S 15 Q3FY23 Financial Highlights EARNINGS PRESENTATION (₹ in Crore) Total Income EBITDA PAT Capital Structure 400 Total Income Growth (YoY) (20%) (60%) (62%) Growth (QoQ) (19%) 49% 88% 79 EBITDA Margin 20% 10% 41 PAT Margins Expansion/ (1,994 bps) (1,153 bps)
Slide 17: 9MFY23 Financial Highlights
9 M F Y 2 3 PE RF O RM ANC E HIG HL IG HT S 16 9MFY23 Financial Highlights EARNINGS PRESENTATION (₹ in Crore) Total Income EBITDA PAT Capital Structure 1,560 Total Income Growth (YoY) 0.3% (74%) (78%) Margin 13% 6% 200 EBITDA Margins Expansion/ (3,704 bps) (2,205 bps) (Contraction) (YoY) 97 PAT Gros
Slide 18: Q3FY23 Management Commentary
Q 3F Y 23 PE RF O RM ANC E HIG HL IG HT S 17 Q3FY23 Management Commentary EARNINGS PRESENTATION Mining As far as the expansion of this segment goes, we are on track to complete furnace As communicated earlier, we have increased refurbishment before the end of this financial offering our mined ore fr
Slide 19: Corporate Information
Q 3F Y 23 PE RF O RM ANC E HIG HL IG HT S 18 Corporate Information EARNINGS PRESENTATION SHAREHOLDING SUMMARY (IN %) 25.63 Public Current Market Price ₹970 52 Week High/Low ₹1,700/655 Market Capitalization ₹2,620 Cr 74.37 Shares Outstanding 2.70 Cr Promoters sandurgroup.com BSE Scrip Code 504918 Sha
Slide 20: sandurgroup.com EARNINGS PRESENTATION
19 EARNINGS PRESENTATION THE SANDUR THE SANDURMANGANESE MANGANESE&& IRON ORES LIMITED IRON ORES LIMITED This document which has been prepared by The Sandur Manganese & Iron Ores Limited (the “Company”, “SANDUR”, “SMIORE”), has been prepared solely for information purposes and do not constitute any o
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