Sandur Manganese & Iron Ores Ltd · NSE:SANDUMA
Sandur Manganese & Iron Ores — The Sandur Manganese & Iron Ores — Q2 FY2024 Earnings Presentation
20 slides from Sandur Manganese & Iron Ores's earnings presentation, Nov 8, 2023
Slide 1: Exchange filing cover letter: Investor Presentation
(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: Q2FY24 Earnings Presentation
THE SANDUR MANGANESE & IRON ORES LIMITED Q2FY24 Towards an Integrated and Sustainable Future E a r n i ng s P r e s e n t a t i o n NOVEMBER 2023
Slide 3: SANDUR at a Glance
ABO UT SAN D UR 2 SANDUR at a Glance EARNINGS PRESENTATION 6+ decades VAST MINING RESERVES WITH LEASES 17 MT 110 MT As one of the most respected private sector Manganese Ore Iron Ore UP TO 2033 merchant miners of manganese and iron ores 3rd Largest Manganese ore miner in India A / Stable CAPACITIES
Slide 4: Operational Units
ABO UT SAN D UR 3 Operational Units EARNINGS PRESENTATION 1904 SANDUR 7,511 HA Original Lease 1973 Bengaluru 1974 Area Surrendered: Corporate Office 4,715 HA ~2,800 HA First Renewal Mining Leases (Deogiri, Kammathuru, 1993 Subbarayanahalli and Ramghad) 1994 Area Surrendered: 3,215 HA 1,500 HA Yeshwa
Slide 5: Transforming Business Canvas
ABO UT SAN D UR 4 Transforming Business Canvas EARNINGS PRESENTATION MINING FERROALLOYS POWER COKE AND ENERGY TRAITS 0.28 MTPA FY20 AND BEFORE Manganese Ore REVENUE CONTRIBUTION PBT CONTRIBUTION FY18-20 (%) FY18-20 (%) Asset light, cash generating mining operations coupled with marginally-profitable
Slide 6: Transforming Business Canvas (Going Forward)
ABO UT SAN D UR 5 Transforming Business Canvas (Going Forward) EARNINGS PRESENTATION MINING FERROALLOYS POWER COKE AND ENERGY REVENUE CONTRIBUTION (%) PBT CONTRIBUTION (%) 0.28 MTPA 0.50 Manganese Ore MTPA Coke FY23 32 MW WHRB 1.60 MTPA 95,000/ 1,25,000 TPA Based Iron Ore Ferroalloys (Si/Mn)* Energy
Slide 7: Improving Profit Profile
ABO UT SAN D UR 6 Improving Profit Profile EARNINGS PRESENTATION F Y 1 8 - 2 0 ( A v e r a g e *) Multifold increase ₹ 230 Mining 98% in absolute PBT Crore Ferroalloys 02% FY21 Mining 87% ₹ 296 Ferroalloys 04% Crore Coke and Energy 09% FY22 Mining 52% ₹ 996 Ferroalloys 20% Crore Diversi- Coke and En
Slide 8: Values that Drive Us
ABO UT SAN D UR 7 Values that Drive Us EARNINGS PRESENTATION SANDUR Some of SANDUR’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 primarily
Slide 9: Mining - our mainstay
BUSI N E SS VE R TI CAL S R E VI E 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 opera
Slide 10: Ferroalloys - new and improved
BUSI N E SS VE R TI CAL S R E VI E W 9 Ferroalloys - new and improved CAPACITIES EARNINGS PRESENTATION FY22 Onwards Turned around ferroalloys Achieved a shift towards a cleaner FERROALLOYS 95,000/ operations in FY21 through source of energy such as Waste Heat 1,25,000 TPA OPERATIONS feasible power g
Slide 11: Coke and Energy - strengthening operations
BUSI N E SS VE R TI CAL S R E VI E 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
Slide 12: Investment Rationale
CO N CL USI O 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 products
Slide 13: Key Performance Indicators
FI N AN CI AL S R E VI E W 12 Key Performance Indicators EARNINGS PRESENTATION REVENUE, EBITDA EBITDA MARGINS PBT & PAT (₹ IN CRORE) (IN %) (₹ IN CRORE) 2,249 1,009 2,126 451 592 201 219 142 175 147 250 154 675 271 915 359 747 289 702 233 32 34 38 44 21 FY19 FY20 FY21 FY22 FY23 FY19 FY20 FY21 FY22 F
Slide 14: Q2FY24 Operational Highlights
Q 2 FY2 4 P E R FO R M AN CE HI G HL I G HTS 13 Q2FY24 Operational Highlights EARNINGS PRESENTATION MANGANESE ORE IRON ORE FERROALLOYS COKE Production 0.72 Lakh Tonne 4.05 Lakh Tonne 7,193 Tonne 0.14 Lakh Tonne* Sales 0.52 Lakh Tonne 3.40 Lakh Tonne 609 Tonne 0.04 Lakh Tonne YoY Sales Volume 20% 117
Slide 15: Q2FY24 Segment Highlights
Q 2 FY2 4 P E R FO R M AN CE HI G HL I G HTS 14 Q2FY24 Segment Highlights EARNINGS PRESENTATION MANGANESE ORE OPERATIONAL PERFORMANCE IRON ORE OPERATIONAL PERFORMANCE (Lakh Tonne & ₹/Tonne) (Lakh Tonne & ₹/Tonne) 8,276 6,952 7,897 10.00 3,578 1.20 7,449 3,375 6,783 3,132 2,953 1.00 8.00 9.12 1.00 2,
Slide 16: Q2FY24 Financial Highlights
Q 2 FY2 4 P E R FO R M AN CE HI G HL I G HTS 15 Q2FY24 Financial Highlights EARNINGS PRESENTATION (₹ in Crore) Total Income EBITDA PAT Capital Structure 202 Total Income Growth (YoY) (59%) 4% 20% Growth (QoQ) (47%) (28%) (34%) 55 EBITDA Margin 27% 13% 26 Margins PAT Expansion/ 1,659 bps 861 bps (Con
Slide 17: H1FY24 Financial Highlights
H1 FY2 4 P E R FO R M AN CE HI G HL I G HTS 16 H1FY24 Financial Highlights EARNINGS PRESENTATION (₹ in Crore) Total Income EBITDA PAT Capital Structure 583 Total Income Growth (YoY) (50%) 9% 19% Margin 23% 11% 131 EBITDA Margins Expansion/ 1,209 bps 654 bps (Contraction) (YoY) 66 PAT Gross Debt/Equi
Slide 18: Management Commentary
Q 2 FY2 4 P E R FO R M AN CE HI G HL I G HTS 17 Management Commentary EARNINGS PRESENTATION Mining Since Environmental Clearance has been Ferroalloys obtained for enhancing iron ore production The production of both manganese ore and The ferroalloy industry from 1.60 MTPA to 4.50 MTPA, efforts are i
Slide 19: Corporate Information
Q 2 FY2 4 P E R FO R M AN CE HI G HL I G HTS 18 Corporate Information EARNINGS PRESENTATION SHAREHOLDING SUMMARY (IN %) 25.74 Public Current Market Price ₹1,475 52 Week High/Low ₹1,765/665 Market Capitalization ₹3,983 Cr Shares Outstanding 2.70 Cr 74.26 BSE Scrip Code 504918 Promoters sandurgroup.co
Slide 20: Disclaimer
19 EARNINGS PRESENTATION THE SANDUR MANGANESE & IRON ORES LIMITED This document which has been prepared by The Sandur Manganese & Iron Ores Limited (the “Company”, “SANDUR”), solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe any se
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