Slide 1: Cover letter to stock exchanges on revised earnings presentation
GRAPHITE INDIA LIMITED REGD. & H.O. : 31, GHOWRINGHEE ROAD, KOLKATA - 700 016, W.B., INDIA PHONE: 91 3340029600, 2226 575~ / 4942 / 4943 / 5547 / 2334,22171145/1146 FAX: 913322496420, E-MAIL: gilro@graphileindia.com WEBSITE: www.graphileindia.com. GIN: L10101 WB 1974PLG094602 GIL:SEC: 19/20: August
Slide 2: Q1 FY2020 Earnings Presentation
NSE: GRAPHITE, BSE: 509488 Q1 FY2020 Earnings Presentation August 12th, 2019
Slide 3: Discussion Agenda
Discussion Agenda Executive Summary_______________________________________ 3 Chairman’s Message______________________________________ 4 Steel Industry Overview___________________________________ 5-6 Graphite Electrode Industry Overview________________________ 7 Financial Performance_________________
Slide 4: Executive Summary
Executive Summary Q1 FY2020 Financial Performance o Net Sales of Rs. 967 Crores, a decline of 51% y-o-y Q1 FY2020 Profit o EBITDA of Rs. 352 Crores; Margin of 36% and Loss (Consolidated) o Net Profit of Rs. 220 Crores; Margin of 23% o EPS of Rs. 11.24 per share Balance Sheet o Gross Debt of Rs. 389
Slide 5: Chairman’s Message
Chairman’s Message “During the quarter, the Company registered Net Sales of Rs. 967 Cr, EBITDA of Rs. 352 Cr and Net Profit of Rs. 220 Cr representing margins of 36% and 23% respectively. Graphite India’s fundamentals remain strong with quarterly cash flow generation and high EBITDA to cash flow con
Slide 6: Steel Industry Overview
Steel Industry Overview Crude Steel Production Three Months Ended Six Months Ended (million MT) June-19 June-18 Y-o-Y (%) Mar-19 Q-o-Q (%) June-19 June-18 Y-o-Y (%) Asia 345.1 319.2 8.1% 308.1 12.0% 660.2 614.5 7.4% India 27.3 26.4 3.5% 27.3 (0.0)% 57.0 54.2 5.0% China 261.7 236.1 10.8% 226.3 15.6%
Slide 7: Steel Industry Outlook and Dynamics
Steel Industry Outlook and Dynamics ▪ World Steel Association (WSA) forecasts global steel demand will reach 1,735 million tonnes in 2019, a modest increase of 1.3% and 1,752 million tonnes in 2020, an increase of 1.0% over 2019 ▪ World crude steel production was 925.1 million tonnes in first six mo
Slide 8: Graphite Electrode Industry
Graphite Electrode Industry ▪ Since 2016 China has closed about 300 million tonnes of outdated and highly polluting steel production capacity but around 908 million tonnes still remain. Such closures are being replaced by environment friendly electric arc furnaces (EAF’s) which is supported by incre
Slide 9: Consolidated Financial Performance
Consolidated Financial Performance Q1 y-o-y Q4 q-o-q Full Year y-o-y Growth Growth Growth (Rs. Crore) FY2020 FY2019 FY2019 FY2019 FY2018 Comments (%) (%) (%) Net Sales 967 1,965 (51)% 1,693 (43%) 7,858 3,266 141% (Excluding Other Income) Lower volumes and realizations Other Income 57 30 90% 70 (19%)
Slide 10: Standalone Financial Performance
Standalone Financial Performance Q1 y-o-y Q4 q-o-q Full Year y-o-y Growth Growth Growth (Rs. Crore) FY2020 FY2019 FY2019 FY2019 FY2018 Comments (%) (%) (%) Net Sales 897 1,777 (50%) 1,390 (35%) 6,737 2,958 128% Lower volumes and realizations (Excluding Other Income) as compared to previous quarter O
Slide 11: Quarter Performance Trends
Quarter Performance Trends Consolidated Net Sales Standalone Net Sales (51)% (50)% 1,777 1,965 1,693 1,390 967 897 Q1FY19 Q4FY19 Q1FY20 Q1FY19 Q4FY19 Q1FY20 Consolidated Operating Profit Standalone Operating Profit (76)% (76)% 1,328 1,466 934 734 55% 352 53% 314 75% 36% 75% 35% Q1FY19 Q4FY19 Q1FY20
Slide 12: Quarter Performance Trends
Quarter Performance Trends Consolidated Net Profit Standalone Net Profit (77)% (77)% 858 957 562 427 220 195 33% 31% 49% 48% 23% 22% Q1FY19 Q4FY19 Q1FY20 Q1FY19 Q4FY19 Q1FY20 Consolidated Capacity Utilization Standalone Capacity Utilization 88% 98% 92% 85% 84% 75% Q1FY19 Q4FY19 Q1FY20 Q1FY19 Q4FY19
Slide 13: Leverage Profile
Leverage Profile Significant financial flexibility available for future organic / inorganic growth Consolidated Leverage Profile Standalone Leverage Profile (Rs. Crore) June-19 Mar -19 Dec - 18 Sept -18 June-18 (Rs. Crore) June- 19 Mar -19 Dec - 18 Sept -18 June-18 Total Debt (389) (359) (279) (265)
Slide 14: Quarterly Segment Performance
Quarterly Segment Performance Consolidated Segment Performance Standalone Segment Performance Q1 y-o-y Q4 q-o-q Q1 y-o-y Q4 q-o-q Growth Growth Growth Growth (Rs. Crore) FY2020 FY2019 FY2019 (Rs. Crore) FY2020 FY2019 FY2019 (%) (%) (%) (%) Graphite and Carbon 933 1,912 (51)% 1,663 (44)% Graphite and
Slide 15: Graphite India - At a Glance
Graphite India - At a Glance Company Background Industry Graphite India is the largest Indian producer The Company’s strategy is to become further Graphite electrodes are used in electric arc furnace (“EAF”) of graphite electrodes and one of the largest vertically integrated, continue its penetratio
Slide 16: Graphite India Limited contact details
Graphite India Limited (CIN: L10101WB1974PLC094602) 31 Chowringhee Road, Kolkata 700 016 Phone: +91 33 4002 9600 Fax: +91 33 4002 9676 www.graphiteindia.com M.K. Chhajer +91 33 40029622 Graphite India Limited mkchhajer@graphiteindia.com Ravi Gothwal +91 22 6169 5988 Churchgate Partners graphite@chur