Dalmia Bharat Ltd. · NSE:DALBHARAT
Dalmia Bharat — Q1 FY2023 Earnings Presentation
30 slides from Dalmia Bharat's earnings presentation, Aug 4, 2022
Slide 1: Investor Presentation – Earning Release Q1FY23 (exchange cover letter)
“aS Dalmia Bharat Limited cement! sugar! refractories! power! File No: 1010/1 August 04, 2022 BSE Limited National Stock Exchange of India Limited P J Towers, Dalal Street, “Exchange Plaza”, Plot No. C-1, Block G Fort Mumbai - 400001 Bandra - Kurla Complex, Bandra (East), Scrip Code: 542216 Mumbai -
Slide 2: Earnings Release
‘> Dalmia Bharat Limited EARNINGS RELEASE Se [Np>
Slide 3: Disclaimer
Disclaimer Certain statements in this presentation describing the Company's objectives, projections, estimates and expectations may be ‘forward looking statements’ within the meaning of applicable laws and regulations. Although our expectations are based on_ reasonable assumptions, these forward-loo
Slide 4: Table of Contents
SECTION Key Highlights © - Expansion & Capex Update Q1FY23 Performance TABLE OF CONTENTS ESG at Dalmia Awards and Accolades Annexures
Slide 5: Section 01: Key Highlights
Slide 6: Key Highlights
ws Key Highlights Dalmia’ Capacity Additions = Added 1.1 MnT of Cement Capacity and 2.0 MnT of Clinker capacity through debottlenecking =f = Total Cement Capacity increased to 37.0 MnT = Total Clinker Capacity stood at 20.9 MnT ESG 6 rf = (Co2 emissions brought down further to 468kg/Ton of cement in
Slide 7: Section 02: Expansion and Capex Update
Slide 8: Cement Capacity Expansion Plan – MnT by FY24
“SS Dalmia Cement Capacity Expansion Plan — 49 MnT by FY24 Bharat Limited Region eves er] oF Commissioning +1.4 MnT Closing Capacity FY22 35.9 NORTH EAST Q East Bokaro, JH 0.6 Q North East Adhunik, ML 0.2 QUFY23 9 East Rajgangpur, OR 0.3 Closing Capacity Q1FY23 37.0 We : Q East Kapilas, OR 0.4 Q Eas
Slide 9: Clinker Capacity Expansion Plan
° ° ° pPalmis Clinker Capacity Expansion Plan Brera nied [ FY22 | Q1FY23 FY24E 7 SOUTH 7.8 9.0 10.4 ———_+-— NORTH-EAST ) 2.3 2.4 2.9 WEST ) | 8 (Figures in MnT)
Slide 10: Capex Update
GS Capex Update Dalmia’ Bharat Limited ea ooo Sal & Phase 1 -Ongoing New capacity Innovation & Sustainability Others Capex = Bihar Grinding Unit: = Tamil Nadu GUs: Land = Solar power: 36.0 MW Mining Land: Acquisition Land location finalized Acquisition and registry commercialized during of Land unde
Slide 11: Section 03: Q1FY23 Performance
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Slide 12: Financial Performance – Quarterly Sales Volume
a . . i Financial Performance Dalimia Quarterly Sales Volume LT] (MnT) Growth: 27.3% Decline: 5.3% i Q1FY22 Q4FY22 Q1FY23 > Industry leading volume growth across regions especially in the Southern Region wherein volumes grew by over 30% YoY
Slide 13: Financial Performance – Quarterly Sales Revenue
a D i 7 <4 rela e ° Financial Performance Quarterly Sales Revenue Growth: 27.4% (Rs Cr) [ Decline: 2.3% | 3,380 3,302 2,591 Q1FY22 Q4FY22 Q1FY23 12
Slide 14: Operational Performance – Quarterly Total Variable Cost
a D i 7 = Operational Performance e brarctumeer Quarterly Total Variable Cost” (Rs/T) Increase: 37.2% Increase: 10.6% | | | 2,224 2,010 ; Q1FY22 Q4FY22 Q1FY23 > Witnessed significant inflationary pressure as Fuel Consumption Cost increased from $109/T in Q1FY22 ($180/T in Q4FY22) to $218/T in Q1FY23
Slide 15: Operational Performance – Quarterly Logistics Cost
a D i 7 = Operational Performance e brarctumeer Quarterly Logistics Cost (Rs/T) Increase: 3.6% iz Decrease: 2.8% 1,127 | 1,096 ; Q1FY22 Q4FY22 Q1FY23 > Despite a 11% YoY Diesel price inflation, we have been able to optimize and deliver industry leading logistic cost at Rs 1,096/T
Slide 16: Operational Performance – Total Cost per Tonne
a D i 7 = e Operational Performance brarctumeer Total Cost /T 3,831 4,109 4,360 @ Other Costs Employee Cost Freight Cost Power & Fuel Cost @ Raw Material § Increase / (Decrease) in Stock QILFY22 Q1FY23 > We continue to be One of the Lowest Total Cost Producer of Cement in the country
Slide 17: Financial Performance – Quarterly EBITDA
. . Dalmi iS Financial Performance eta Quarterly EBITDA (Rs Cr) Decline: 17.8% | Decline 14.2% 713 683 ; | Q1FY22 Q4FY22 Q1FY23 16
Slide 18: Financial Performance – Debt Position
a . . Dalmis" Financial Performance ceeta Debt Position Noaptea Dy, (0.08%) (Rs Cr) 4,561 ; Mar'22 Jun'22 (185) (1,421) MGross Debt Cash & Cash Equivalents * Net Debt 17 * Includes MTM value of IEX Investment (Q4FY22: Rs 2,991 cr; QIFY23: Rs 2,113 cr)
Slide 19: Finance Cost
a Dalmia’ Finance Cost Bharat Limited _QUFY23 (Rs Cr) (1) Cost of Borrowing 5.4% Interest Cost Other Charges Forex MTM Total Finance Cost QiFY22 56 (Rs Cr) 36 Cost of Borrowing 5.7% Interest Cost Other Charges Forex MTM Total Finance Cost 18
Slide 20: Section 04: ESG at Dalmia
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Slide 21: WHRS and Solar Power Update
a Dalmia’ WHRS and Solar Power Update brarstuimned Renewable Energy Power (WHRS and Solar) 200 ™ WHRS Capacity- MW | Solar Capacity - MW 180 160 = FY23 - WHRS Commercialization = 140 . = Q1FY23 5.4 S 120 = Rest of FY23 35.4 a 40.8 vo a 100 3c 80 we we _ 60 FY23 - Solar Commercialization re 40 » QULF
Slide 22: WHRS and Solar Power Update
a Dalmia’ WHRS and Solar Power Update Bharat Limited CL) One of its kind, a Floating Solar Power Generation capacity is being installed at our DDSPL plant L) The capacity is targeted to be commissioned in Q2FY23 21
Slide 23: CSR at Dalmia
Ga Dalmia CSR at Dalmia Pretetaaetebe Major Initiatives " Dalmia Institute of Knowledge & Skill Harnessing MouU signed with Bokaro Steel Plant (BSL) to set up DIKSHa Skill Centre in Bokaro. (DIKSHa), a skill training programme, actively 14th DIKSHa Center launched at Satna (MP) during the a involved
Slide 24: Section 05: Awards and Accolades
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Slide 25: Awards and Accolades
ws Dalmia Awards and Accolades Bharat Limited 2540 SN Amt Noe cH — Contederation of Indian Inout INES ENVIRONMENT & MINERAL cc Cll-Southern Region ae ~~ avr ee LEVeM ecole s Environmental and Mineral mS hla Excellence Award eee ELM Ueto. Kadapa unit bagged the 1% BCW unit has been conferred RGP unit
Slide 26: RGP Unit Continues to Lead in Sustainability
a ix? RGP Unit Continues to Lead in Sustainability mala RGP Unit won ESG award for ESG champion for Green Fuel and Net Zero Commitment at India Sustainability Awards 2022 25
Slide 27: Murli Unit Won Prestigious Awards Within Few Months of Operations
a Murli Unit Won Prestigious Awards Within Few Month Dalmia’ Bharat Limited of Operations AIRUT Ud ENEW AS seme. Fame International Award Metalliferous Mine Safety Week Celebration 2011-2022 Murli Unit won Platinum Award towards Murli Unit was awarded for the category of excellence in Water Stewards
Slide 28: Annexures
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Slide 29: Impact on PBT due to Goodwill Amortization (restructuring related)
a ° - ge Dalmia Impact on PBT due to Goodwill Amortization (restructuring related) amnrumua (Rs Cr) Q1FY23 olay) Tam Cacia lorde la ay3 A Fie stel Viera Ca VoL Tg La) With Restructuring A tnresUia Ceeaee broil aay Income from Operations 3,302 3,302 2,591 2,591 Less:-Operating Expenses 2,716 2,716 1,
Slide 30: Thank You
‘> Dalmia Bharat Limited CONTACT INFORMATION Thank You Corporate Office: 11th & 12th floor, Hansalaya Building, 15, Barakhamba Road, New Delhi — 110001 e: investorrelations@dalmiabharat.com w: www.dalmiacement.com