Graphite India Limited · NSE:GRAPHITE
Graphite India — Q4 FY2024 Earnings Presentation
18 slides from Graphite India's earnings presentation, May 7, 2024
Slide 1: Exchange filing cover letter for earnings presentation
= ========11,rlJ _ GRAPHITE INDIA LIMITED ;. ----===================== REGO. & H.D. : 31, CHOWRINGHEE ROAD, KOLKATA - 700 016, W.B., INDIA PHONE: 91 33 4002 9600, 2226 5755/ 4942 / 4943 / 5547 / 2334, 22171145 / 1146 FAX: 91 33 2249 6420, E-mail : gilro@graphiteindia.com WEBSITE: www.graphiteindia.c
Slide 2: Q4 and FY2024 Earnings Presentation
NSE: GRAPHITE, BSE: 509488 Q4 and FY2024 Earnings Presentation May 7, 2024
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 Q4 and Full Year FY2024 Consolidated Financial Performance o Net Sales of Rs. 2,950 Crores, a decline of 7.3% y-o-y FY2024 o EBITDA* of Rs. 160 Crores with margin of 5.4% o Gross Debt of Rs. 177 Crores Balance Sheet Profit and Loss o Net Profit** of Rs. 805 Crores o Cash (Net of Gr
Slide 5: Executive Summary - Standalone
Executive Summary Q4 and Full Year FY2024 Standalone Financial Performance o Net Sales of Rs. 2,894 Crores, a decline of 0.7% y-o-y o Net Sales of Rs. 706 Crores, a decline of 2.9 % y-o-y FY2024 o EBITDA* of Rs. 207 Crores with margin of 7.2% Q4 FY2024 o EBITDA of Rs. 66 Crores with margin of 9.3% P
Slide 6: Chairman's Message
Chairman’s Message “For FY2024, Graphite India delivered Consolidated Net Sales of Rs. 2,950 Cr, EBITDA of Rs. 160 Cr and Net Profit of Rs. 805 Cr, which includes the sale of land in Bengaluru. Although sales volume increased during the year, lower realisations impacted Net Sales by 7.3% compared to
Slide 7: Steel Industry Overview
Steel Industry Overview Crude Steel Production Three Months Ended Year Ended (million MT) Mar-24 Mar-23 Y-o-Y (%) Dec-23 Q-o-Q (%) 2023 2022 Y-o-Y (%) Asia and Oceania 345.9 345.6 0.1% 310.0 11.6% 1,367.2 1,357.7 0.7% India 37.3 33.2 12.3% 35.9 3.9% 140.2 125.4 11.8% China 256.6 261.6 (1.9)% 222.6 1
Slide 8: Steel Industry Outlook and Dynamics
Steel Industry Outlook and Dynamics Q1 CY2024 Steel Production (1) ▪ As per the World Steel Association (WSA), global crude steel production was 469.1 million MT in Q1 CY2024, an increase of 2.1% y-o-y. Global crude steel production excluding China also increased by 7.5% on a y-o-y basis ▪ China’s c
Slide 9: Graphite Electrode Industry Overview
Graphite Electrode Industry Overview ▪ The focus on substantial decarbonization measures in developing economies supports the growth of the Electric Arc Furnace (EAF) process compared with the Blast Furnace / Bessimer Oxygen Furnace (BF/BOF) process ▪ Governments around the world are also introducin
Slide 10: Consolidated Financial Performance
Consolidated Financial Performance Q4 y-o-y Q3 q-o-q Year Ended y-o-y Comments (Rs. Crore) FY2024 FY2023 Growth (%) FY2024 Growth (%) FY2024 FY2023 Growth (%) Net Sales 720 815 (11.7%) 690 4.3% 2,950 3,181 (7.3%) Other Income 72 5 nm 63 14.3% 304 133 nm Total Income 792 820 (3.4%) 753 5.2% 3,254 3,3
Slide 11: Standalone Financial Performance
Standalone Financial Performance Q4 y-o-y Q3 q-o-q Year Ended y-o-y Comments (Rs. Crore) FY2024 FY2023 Growth (%) FY2024 Growth (%) FY2024 FY2023 Growth (%) Net Sales 706 727 (2.9%) 682 3.5% 2,894 2,913 (0.7%) Other Income 73 7 nm 59 23.7% 291 133 nm Total Income 779 734 6.1% 741 5.1% 3,185 3,046 4.
Slide 12: Quarter Performance Trends
Quarter Performance Trends Consolidated Net Sales Standalone Net Sales 815 727 706 682 720 690 Q4FY23 Q3FY24 Q4FY24 Q4FY23 Q3FY24 Q4FY24 Consolidated Operating Profit / (Loss) Standalone Operating Profit / (Loss) 93 67 83 62 50 66 13% 12% 9% 8% 7% 9% Notes: Q4FY23 Q3FY24 Q4FY24 Q4FY23 Q3FY24 Q4FY24
Slide 13: Quarter Performance Trends
Quarter Performance Trends Consolidated Net Profit / (Loss) Standalone Net Profit / (Loss) 56 29 50 8% 4% 17 7% 16 34 5% 2% 2% Q4FY23 Q3FY24 Q4FY24 Q4FY23 Q3FY24 Q4FY24 Capacity Utilization (Standalone) 93% 82% 61% Notes: Q4FY23 Q3FY24 Q4FY24 12 1. All numbers in Crores unless specifically mentioned
Slide 14: Leverage Profile
Leverage Profile Significant financial flexibility available for future organic and inorganic growth Consolidated Leverage Profile Standalone Leverage Profile (Rs. Crore) Mar- 24 Dec- 23 Sept- 23 June- 23 Mar- 23 (Rs. Crore) Mar- 24 Dec- 23 Sept- 23 June- 23 Mar- 23 Cash & Cash Cash & Cash 3,484 3,4
Slide 15: Annual Segment Performance
Annual Segment Performance Consolidated Segment Performance Standalone Segment Performance Full Year y-o-y Full Year y-o-y (Rs. Crore) FY2024 FY2023 Growth (%) (Rs. Crore) FY2024 FY2023 Growth (%) Graphite and Carbon 2,726 2,946 (7.5%) Graphite and Carbon 2,673 2,679 (0.2%) Others 227 236 (3.8%) Oth
Slide 16: 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) FY2024 FY2023 FY2024 (Rs. Crore) FY2024 FY2023 FY2024 (%) (%) (%) (%) Graphite and Carbon 664 763 (13.0%) 629 5.6% Graphite and Ca
Slide 17: Graphite India - At a Glance
Graphite India - At a Glance Company Background Graphite India is the largest Indian producer of The Company currently has a conservative The Company, through its subsidiary, has graphite electrodes and one of the largest leverage profile with significant financial capacity progressively acquired an
Slide 18: 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