Steel Authority Of India Limited · NSE:SAIL

Steel Authority Of India — FY2016-17 Earnings Presentation

38 slides from Steel Authority Of India's earnings presentation, July 2020

  1. Slide 1: Performance Highlights FY2016-17

    STEEL AUTHORITY OF INDIA LIMITED Performance Highlights FY2016-17

  2. Slide 2: Performance Highlights: FY 2016-17

    PERFORMANCE HIGHLIGHTS : FY 2016-17  Net Sales : Rs 43866 Crore FINANCIAL  EBITDA : Rs 672 Crore PERFORMANCE  PBT : Rs (-) 4851 Crore  PAT : Rs (-) 2833 Crore  Hot Metal Production : 15.726 MT  Crude Steel Production : 14.495 MT PRODUCTION  Saleable Steel Production : 13.868 MT & SALES PERFOR

  3. Slide 3: Performance Highlights: Q4 FY17

    PERFORMANCE HIGHLIGHTS : Q4 FY17  Net Sales : Rs 12535 Crore FINANCIAL  EBITDA : Rs 143 Crore PERFORMANCE  PBT : Rs (-) 1419 Crore  PAT : Rs (-) 771 Crore  Hot Metal Production : 4.057 MT  Crude Steel Production : 3.789 MT PRODUCTION  Saleable Steel Production : 3.626 MT & SALES PERFORMANCE 

  4. Slide 4: Financial Performance

    FINANCIAL PERFORMANCE 5909 5590 3225 2345 Profit 672 EBITDA 2616 2079 -2203 -2833 PBT Trend -4021 PAT -4851 -7007 FY 14 FY 15 FY 16 FY 17 500 323 180 143 26 0 -500 Quarterly -618 -535 EBITDA -732 -1000 -925 -795 -771 PBT Profits -1184 -1500 -1253 -1254 -1419 PAT -2000 -2500 -2264 Q4 FY16 Q1 FY17 Q2

  5. Slide 5: Financial Performance

    FINANCIAL PERFORMANCE Annual Net Worth Annual Borrowings & Interest cost 45000 41396 3500 43523 40000 35141 42666 31837 39196 35000 36009 30000 25281 2500 Annual 25000 2528 20000 2300 Borrowings 15000 10000 1500 Interest 5000 1454 Cost 0 968 500 FY 14 FY 15 FY 16 FY 17 FY 14 FY 15 FY 16 FY 17 Quarte

  6. Slide 6: Financial Performance

    FINANCIAL PERFORMANCE Rs. Crore FY 17 Q4 FY 17 FY 16 Q4 FY 16 (INDAS Compliant figures) Gross Sales 49180 14079 43294 12593 Net Sales 43866 12535 38471 11193 EBITDA 672 143 -2201 -615 Depreciation 2680 744 2402 892 Finance Cost 2528 720 2300 653 PBT Before Exceptional Items -4536 -1321 -6904 -2160 E

  7. Slide 7: Production Performance

    PRODUCTION PERFORMANCE All figures In Million Tonne 13.9 12.9 12.8 3.59 3.63 12.4 SALEABLE STEEL PRODUCTION (incl. SSPs) FY 14 FY 15 FY 16 FY 17 Q4 FY16 Q4 FY17 Annual Quarterly 3.48 3.51 13.4 12.4 12.4 11.9 SALEABLE STEEL PRODUCION (5 ISPs) Q4 FY16 Q4 FY17 FY 14 FY 15 FY 16 FY 17

  8. Slide 8: Production Performance: FY17

    PRODUCTION PERFORMANCE : FY17 15.50% 1.35% CRUDE STEEL BOF 18.8% Ingot PRODUCTION EAF Route BY PROCESS THF CC 81.2% Route 83.15% SALEABLE STEEL 42.0% PRODUCTION Commodity BY PROCESS 58.0% Value Added (5 ISPs)

  9. Slide 9: Production Performance: FY 2016-17

    PRODUCTION PERFORMANCE : FY 2016-17 SAIL 24% PRODUCT MIX : 51% 5 ISPs 25% BSP 28.2% 50.0% 21.8% DSP 27.5% 72.5% Flats RSP 89.7% 10.3% Longs Semis BSL 96.0% 4.0% ISP 64.0% 36.0%

  10. Slide 10: Production Performance

    PRODUCTION PERFORMANCE Parameter 2016-17 2015-16 MAJOR Coke Rate (kg/thm) 473 489 TECHNO-ECONOMIC Fuel Rate (kg/tcs) 559 564 PARAMETERS FY 2016-17 Sp. Energy Consumption 6.60 6.51 (GCal/TCS) BF Productivity (T/m3/day) 1.67 1.58 341 3 302 315 310 312 316 278 258 LABOUR PRODUCTIVITY FY 13 FY 14 FY 15

  11. Slide 11: Sales Performance

    SALES PERFORMANCE 3.8 13.1 3.4 12.1 11.7 12.1 11.1 SALEABLE STEEL SALES (Million Tonne) Q4 FY16 Q4 FY17 FY 13 FY 14 FY 15 FY 16 FY 17 Quarterly No. of Dealers SALES THROUGH DEALER’s NETWORK 2172 2122 Sales through dealers during FY17 01.04.2016 0.815 MT vis-à-vis 01.04.2017 0.795 MT during FY16

  12. Slide 12: SAIL Stock Price Movement

    SAIL STOCK PRICE MOVEMENT SAIL's Share Price (Rs.) Sensex Points 29918 28115 28452 28743 27011 27828 26155 26146 27000 27930 26627 31159 25607 29621 27780 24871 28052 27866 27656 26283 26657 26118 26668 26653 70 61 25342 66 57 51 53 61 61 60 50 48 52 64 58 46 49 23002 47 43 45 47 46 49 43 43 35 52 C

  13. Slide 13: Power Consumption FY 2016-17

    POWER CONSUMPTION –FY 2016-17 9.6% Own CPP 30.5% Drawl from Grid JV CPP 59.9%

  14. Slide 14: SAIL's Modernisation & Expansion Plan

    SAIL’s MODERNISATION & EXPANSION PLAN Actual Production Capacity After Million Tonne 2016-17 On-going Expansion Crude Steel 14.495 21.4 Saleable Steel 13.868 20.2 Technological Shift Before After Technology Expansion Expansion BOF Steel Making 79% 100% CC Route 71% 94% Pelletisation Plant No Yes Cok

  15. Slide 15: Modernisation & Expansion Plan

    MODERNISATION & EXPANSION PLAN  Production through twin-hearth furnace (THF) route to be replaced by BOF-LD converter route.  Production through Ingot – teeming route to be replaced with continuous cast production route. EXPECTED  Enhancement of Production volume by addition of 2 new 4060 m3 Blas

  16. Slide 16: Ongoing Projects (Capex)

    ONGOING PROJECTS (CAPEX) (Rs. Crore) 12191 61870 1 Expansion of existing capacity 3509 2 Value-addition / Product-mix improvement 7039 22739 3 Technological up gradation / Modernization Sustenance including de-bottlenecking, AMR & 4 Environment 39131 39131 5 Total Estimated Cost In addition, a Capex

  17. Slide 17: Capacity After Expansion

    CAPACITY AFTER EXPANSION Saleable Steel Hot Metal (MTPA) Crude Steel (MTPA) (MTPA) Plant After After After 2016-17 2016-17 2016-17 Expansion Expansion Expansion BSP 5.0 7.5 4.7 7.0 4.0 6.6 DSP 2.3 2.5 2.0 2.2 1.9 2.1 RSP 3.1 4.5 2.9 4.2 2.7 4.0 BSL 3.4 5.8 3.2 4.6 3.4 4.2 ISP 1.8 2.9 1.4 2.5 1.3 2.4

  18. Slide 18: Product Mix Post Expansion – Saleable Steel

    PRODUCT MIX POST EXPANSION – SALEABLE STEEL Galvanized Products CR Coils/Sheets 5% 2% PET Products 1% FY 17 Semis 17% HR Structurals Plates/Coils/Sh 6% eets/skelp 30% Bars & Rods 18% Galvanized PET Products CR Products PM Plates Rly Products 3% 6% Coils/Sheets 1% 15% 11% Semis 12% Structurals HR 14%

  19. Slide 19: Modernisation & Expansion Plan - Salem Steel Plant

    MODERNISATION & EXPANSION PLAN - SALEM STEEL PLANT Facilities added: •Steel melting Shop – Electric Arc Furnace (55 T); AOD Converter (60 T); Ladle Furnace (60 T); Single Strand Slab Caster. • Roll Grinder for Hot Rolling Mill • Cold Rolling Mill Complex –20-high Sendzimir Mill Production (MTPA) : I

  20. Slide 20: Modernisation & Expansion Plan - IISCO Steel Plant

    MODERNISATION & EXPANSION PLAN - IISCO STEEL PLANT Facilities Completed: • Coal, Coke Handling and Pipe Conveyor • Ore Handling Plant • Base Mix Preparation Plant • New Coke Oven Battery (0.88 Mtpa, 2 x 37 ovens, 7 m tall) – • Coke Dry Cooling Plant • Sinter Machines (3.88 Mtpa gross sinter producti

  21. Slide 21: Modernisation & Expansion Plan - IISCO Steel Plant

    MODERNISATION & EXPANSION PLAN - IISCO STEEL PLANT New stream to produce 2.7 Mtpa of Hot Metal & 2.5 Mtpa of Crude Steel Production (MTPA) : Item 2016 -17 (Actual) After Expansion Crude Steel 1.397 2.50 Saleable Steel 1.339 2.39 The expanded capacity of IISCO Steel Plant has been dedicated to the N

  22. Slide 22: Current Progress of Expansion at IISCO Steel Plant

    Current Progress of Expansion at IISCO Steel Plant BURNPUR Coke Oven Battery Sinter Plant Blast Furnace BOF Converters Billet Casters Wire Rod Mill

  23. Slide 23: Modernisation & Expansion Plan – Bokaro Steel Plant

    MODERNISATION & EXPANSION PLAN– BOKARO STEEL PLANT Facilities Completed: • Re-building of Coke Oven Battery #1 & #2. • Up-gradation of Blast Furnace #2 and Stoves Up-gradation of #5 • Auxiliary Fuel Injection (CDI) in Blast Furnaces #2 & #3. • Turbo-Blower-8. • New CRM Complex (1.2 Mtpa) except HDGL

  24. Slide 24: Current Progress of Expansion at Bokaro Steel Plant

    Current Progress of Expansion at Bokaro Steel Plant Coke Oven Blast battery-2 Furnace-2 PLTCM Coil Packaging Line Skin Pass Mill Bell Annealing Furnace

  25. Slide 25: Modernisation & Expansion Plan – Bhilai Steel Plant

    MODERNISATION & EXPANSION PLAN– BHILAI STEEL PLANT Facilities Already Completed: • Ore Handling Plant part-A • Second Sinter Machine in Sinter Plant-3 (3.7 MTPA) • New Coke Oven Battery No. 11 (7 m tall, Capacity 0.881 mtpa) • Oxygen Plant (BOO basis) • Universal Rail Mill (1.2 MTPA) • Rail Welding

  26. Slide 26: Current Progress of Expansion at Bhilai Steel Plant

    Current Progress of Expansion at Bhilai Steel Plant Sinter Machine Coke Oven Battery - 11 Blast Furnace - 8 Continuous Caster - 1 Bar & Rod Mill Universal Rail Mill

  27. Slide 27: Modernisation & Expansion Plan – Rourkela Steel Plant

    MODERNISATION & EXPANSION PLAN– ROURKELA STEEL PLANT Facilities Completed: • New Coke Oven Battery -6 (7 m tall, 1 x 67 ovens) • New Sinter Plant -3 (1 x 360m²) • New Blast Furnace -5, 4060 m3 useful volume • New 3rd Single Strand Slab Caster (1.5 MTPA) • New Oxygen Plant 2x700 tpd on BOO basis • Ne

  28. Slide 28: Current Progress of Expansion at Rourkela Steel Plant

    Current Progress of Expansion at Rourkela Steel- 3Plant SINTER PLANT Coke Oven Battery - 6 Sinter Plant - 3 1 3rd BOF Converter 3rd Slab Caster BOF Converter Blast Furnace - 5 Tapping

  29. Slide 29: Modernisation & Expansion Plan – Durgapur Steel Plant

    MODERNISATION & EXPANSION PLAN– DURGAPUR STEEL PLANT Facilities Completed: • Rebuilding of Coke Oven Battery no-2 • New Ladle Furnace (125T) • Coke Sorting & Coal Handling Plant • New Dolomite Plant (300tpd) • Bloom-cum-Round Caster 1X4 (0.75 Mtpa) • New Medium Structural Mill (1.0 Mtpa) Production

  30. Slide 30: Current Progress of Expansion at Durgapur Steel Plant

    Current Progress of Expansion at Durgapur Steel Plant Coke Oven Battery-2 Ladle Furnace-3 Bloom cum Round Caster Medium Structural Mill

  31. Slide 31: Raw Materials

    RAW MATERIALS Iron Ore Hot Metal Year Consumption Linkages of Iron Ore (mtpa) (mtpa) 2016-17 15.73 25.332 Existing Mines The capacity of existing mines at Kiriburu, Meghahatuburu, Bolani & Gua are being ramped up to meet the requirement of Iron Ore for post ongoing phase of expansion New Pellet Plan

  32. Slide 32: Raw Materials – Iron Ore

    RAW MATERIALS – Iron Ore Existing Capacity* after Mine Capacity* ongoing expansion Remarks (mtpa) (mtpa) Kiriburu 5.50 5.50 Expansion at Kiriburu has already been completed whereas Meghathaburu is being ramped up to meet Meghathaburu 5.00 6.50 the requirement of the ongoing expansion plan. Bolani 7.

  33. Slide 33: Raw Materials – Coal

    RAW MATERIALS – Coal Hot Metal Coking Coal Year Linkages of Coking Coal (mtpa) Requirement (mtpa) • Import Component – 81% • Over 90% of imported coal is sourced from Australia. • Indigenous: 19% 2016-17 15.73 15.36 • Domestic coal is largely sourced from Coal India Ltd. • SAIL has existing captive

  34. Slide 34: Major Joint Ventures

    MAJOR JOINT VENTURES FOCUS AREA ALLIANCE PARTNER REMARKS  A Special Purpose Vehicle, namely, ‘Chhattisgarh Mega Steel Limited’ has been formed for setting-up STEEL an Ultra Mega Steel Plant (UMSP) in Bastar area of Chhattisgarh.  SAIL Bansal Service Center Limited – A JV with Bansal Metal Works Lt

  35. Slide 35: Major Joint Ventures

    MAJOR JOINT VENTURES FOCUS AREA ALLIANCE PARTNER REMARKS  SAIL Kobe Iron India Pvt. Ltd. – A Joint Venture Company has been formulated for setting up a 0.5 TECHNOLOGY mtpa capacity Plant for producing iron nuggets based on ITmk3 technology.  International Coal Ventures Pvt. Ltd., a SPV of 5 leadin

  36. Slide 36: Major Joint Ventures

    MAJOR JOINT VENTURES FOCUS AREA ALLIANCE PARTNER OBJECTIVE  SAIL RITES Bengal Wagon Industry Pvt. Ltd. – A WAGON Joint Venture Company has been formed with M/s MANUFACTURE RITES for setting up Wagon Manufacturing Factory at Kulti, West Bengal.  JV with Tata Steel to promote e-commerce E-PORTAL act

  37. Slide 37: Abbreviations used

    Abbreviations used • BF Blast Furnace • FOB Freight On Board • SMS Steel Melting Shop • JPC Joint Plant Committee • BOF Basic Oxygen Furnace • Kg/thm Kilo Gram Per Tonne of • THF Twin Hearth Furnace Hot Metal • EAF Electric Arc Furnace • Tpd Tonnes Per Day • BSP Bhilai Steel Plant • MT Million Tonne

  38. Slide 38: Disclaimer

    Disclaimer Statements / Data which do not relate to SAIL and are used / made in this presentation are from sources which are considered reliable and Company cannot be held for its authenticity. Further, statements describing the Company’s projections, estimates, expectations are “forward looking sta

Steel Authority of India — FY2016-17 Earnings Presentation on 6ix