Usha Martin Limited · NSE:USHAMART
Usha Martin — Q1 FY2014 Earnings Presentation
16 slides from Usha Martin's earnings presentation, 2013
Slide 1: Usha Martin Q1 13-14
f usha martin Q1 13-14
Slide 2: Business Profile Q1 FY'14
Business Profile Q1 FY’14 Global Turnover Rs 1,375 Crs (USD 243 Mn) Value Added Products Steel Others Rs 672 Crs Rs 667 Crs Rs 35 Crs (USD 119 Mn) (USD 118 Mn) (USD 6 Mn) Manufacturing Others VA - Services Rs 496 Crs VA - Distb 3% 5% 8% (USD 88 Mn) Steel 48% Distribution Rs 111 Crs VA - Mfg (USD 20
Slide 3: Revenue Distribution By Geographies
Revenue Distribution By Geographies India Europe 66% 13% Asia Pacific 11% Middle East Africa America 6% 1% 3%
Slide 4: Revenue Distribution By Products
Revenue Distribution By Products Cables & Others Bright Bars 4% 2% Wire & Strand 17% Steel 38% Wire Ropes 39%
Slide 5: Architecture of Integrated Business
Architecture of Integrated Business Mineral Resource Power Module Iron Making Module 39.3 MW Blast Furnace DRI Iron Ore Mine 64 MW WHRB 600 KT 600 KT Crushing & Screening Thermal 35 MW JSR Sinter Plant O2 & Lime Coal Block – “A- C” grade WHRB Kiln Plant 800 KT 20 MW Thermal - Ranchi Washing Plant Co
Slide 6: Global Footprint
Global Footprint Glasgow ,UK Aberdeen, UK Nottinghamshire,UK Rotterdam Houston Iron Ore & Coal Mines (Jharkhand) Baku Canada London Agra Vietnam Kolkata Hoshiarpur Jakarta Australia Dubai Singapore Ranchi Bangkok Jamshedpur Manufacturing Facilities Distribution Centers Corporate Office Sales Office
Slide 7: Consolidated Key Financials Trend
Consolidated Key Financials Trend Rs in Crs Particulars 08-09 (A) 09-10 (A) 10-11 (A) 11-12 (A) 12-13 (A) 13-14 (Trail 12M) Net Turnover 2,950 2,514 3,046 3,361 3,622 3,704 PBDIT 531 495 595 498 705 746 PBT 281 240 204 11 103 114 PAT 185 169 137 4 79 79 Cash Profit 271 347 383 214 347 365 ROCE (%) 2
Slide 8: Production Trends
Production Trends Billets Wire Rods Blooms & Bars Wire Ropes
Slide 9: Usha Martin
ff usha martin
Slide 10: Economic Overview
Economic Overview Uncertainty continues in global markets Higher interest rates and higher depreciation of INR in the quarter in India Domestic business conditions remain difficult Continuing slowdown in domestic auto sector Lack of policy initiatives by government to support demand Rece
Slide 11: Highlights Q1'14
Highlights Q1’14 • Turnover increased by 10% on consolidated basis & 2% on stand alone over Q1’13 • Consolidated EBITDA margin at 19.5 % • Achieved highest ever quarterly production of Coal, up by 46 % • Iron ore production up by 10% • Coke oven (48 Oven) plant commissioned, produced 30,000 Mt in th
Slide 12: Production Volume Growth Consolidated
Production Volume Growth Consolidated Rolled Bright Wires & Wire Billets Products Bars Strands Ropes QoQ 140,021 MT 117,665 MT 3,507 MT 36,044 MT 27,117 MT 15 6 9 10 7 % % % % % Q o PQ 15 6 12 13 18 1 % % % % % %
Slide 13: Production Performance
Production Performance QoQ QoPQ QoQ QoPQ 46 % 45 % 10 % 14 % Coal Iron Ore QoQ QoPQ 10 % 11 % QoQ QoPQ 17 % 16 % Hot Metal DRI
Slide 14: Quarterly Financial Performance Q1'14
Quarterly Financial Performance Q1’14 Rs in Crs Particulars Consolidated Stand Alone Q1’14 Q4’13 Q1’13 Q1’14 Q4’13 Q1’13 Net Sales 928.72 947.71 846.09 739.95 801.60 728.48 PBDIT 181.32 192.41 140.90 161.38 165.64 111.51 PBT 13.54 29.60 3.23 4.02 13.38 (17.14) PAT 4.09 22.11 3.47 2.20 9.00 (10.86)
Slide 15: Project Status
Project Status Major Projects Completion Status Coke oven (48 Ovens) Commissioned Coke Oven (48Ovens) & 35 MW Power Plant August’ 13 Pellet Plant September’ 13 Lohari Coal Block Sep / Oct’13
Slide 16: Disclaimer
Disclaimer: This presentation may contain forward looking information that involves risk and uncertainties. Such projections and forward looking statements reflect various assumptions of management concerning future performance of the Company, and are subject to significant business, economic, envir