JSW Steel Limited
8,905words
7turns
0analyst exchanges
0executives
Key numbers — 40 extracted
₹146,371 crore
₹46,895 crore
₹39,007 crore
₹9,184 crore
₹20,938 crore
₹3,343 crore
0.83x
1.45x
₹17.35
94%
98%
17.62mt
Guidance — 4 items
Climate Change
opening
“overnment Inculcating Critical Life Skills • Project reach expanded to 17,000+ children under Project ASPIRE • We are reaching out to 800,000 students through Smart Shala Project for English and Mathematics learning outcomes.”
Climate Change
opening
“Note: * GDP forecast for India pertains to fiscal year.”
Credit Ratings
opening
“____ j ___ _....J j Restarted TMT operations, introduced JSW Neosteel brand under licensing arrangement, Implemented an expansion project of pellet plant to 2.2 MTPA, Refurbished blast furnace, SMS and oxygen plant to bolster operations.”
Joint Control Entity
opening
“Project to be completed by FY24 JSW BPSL Sambalpur Works JSW Steel Q4 FY22 Results Presentation 52 Key Project Updates – Downstream ~ ~S tee l Vasind and Tarapur: Downstream projects • 0.5mtpa Continuous Annealing Line at Vasind o To be commissioned by June 2022 • Second Tinplate line of 0.25 mtpa at Tarapur o All major equipment installation completed.”
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Risks & concerns — 1 flagged
Sticky inflation resulting in aggressive Fed tightening is a risk • Europe: Higher energy costs and supply chain disruptions are affecting manufacturing activity.
— Climate Change
Speaking time
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Opening remarks
Sub
Investor /Analyst Presentation - Regulation 30 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations. 2015, ("Listing Regulations 2015") Dear Sir, Pursuant to Regulation 30 of the Listing Regulations, 2015, we enclose herewith a copy of the presentation to Analysts for the Q4 FY 2021-22 ended on 31.03.2022. Thanking you, Yours faithfully, For JSW STEEL LIMITED ~ Laney Varghese Company Secretary J Jini>AL Part of 0 , P Jindal Group ~ ~S t e e l Q4 & FY22 Results Presentation 27 May 2022 Forward Looking and Cautionary Statement ~ ~S tee l Certain statements in this report concerning our future growth prospects are forward looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward looking statements. The risk and uncertainties relating to these statements include, but are not limited to risks and uncertainties regarding fluctuations in earnings, our
Climate Change
• Aligned to India’s Nationally Determined Contributions for Climate Change as per Paris Accord • Carbon neutrality at JSW Coated by 2030 • >42% reduction in specific CO2 emissions by 2030 (vs. base year 2005) Waste: 100% solid waste utilization Biodiversity: No Net Loss for Biodiversity Waste Water: Zero Liquid Discharge Water Resources: >39% reduction in fresh water consumption by 2030 (vs. base year 2005) 1 Resources Sustainable Mining Social Sustainability Local Considerations Indigenous People Human Rights Supply Chain Sustainability Employee Wellbeing Air Emissions Business Ethics Cultural Heritage Energy Aligned to National & International Frameworks @ IFC I =~ati~ Cr,t,;tting M,irlim, Cu.:ltUlg Opportumti~ ))OECD d'"" "' ... j .,i Un ited Nations ® Global Compact NATIONAL GUIDEJNES ON R£SPONSIIIU BUSINESSCOHDUCT SUSTAINABLE DEVELOPMENT GOALS JSW Steel Q4 FY22 Results Presentation JSW Policies for each Focus Area are available on our website ~ ~S tee l Governance & Oversight By
Joint Control Entity
0.10 0.08 0.55 0.48 JSW Ispat Special Products Ltd. JSW Steel Indian Operations including Joint Control Total Combined Volumes 0.17 5.88 5.98 0.17 6.06 6.14 0.58 20.92 21.47 0.58 19.69 20.17 JSW Steel Q4 FY22 Results Presentation Note: Without elimination of inter-company volumes * Excluding trial run production ** BPSL became a subsidiary from 1st October 2021, and was a JV prior to that. FY22 nos. above for BPSL include production and sales for the full year. 24 22 Grades/Products Approved in Q4 FY22 (1/2) ~ ~S tee l Galvanized Steel – High Strength & Structural Steel for Solar Structural Support Application Color Coated (PPGI) for Home Appliances – Deep Freezer, Washing Machine & Refrigerator Cabinet Parts Refrigerator Cabinet (IS 277 GPL(SGCC) –Color Coated) Washing Machine Outer Cabinet Parts(GPL/GPED – Color Coated ) Solar Tracker (EN 10346 S550GD 275GSM – GI) Deep Freezer Canopy & Inner Support Parts(GPL – Color Coated, Emboss) Hot Rolled - High Strength & Structural Steel for S
Credit Ratings
o o International: Fitch: BB (Stable outlook) and Moodys: Ba2 (Positive outlook) Domestic: CARE: AA (Stable outlook), IndRa: AA (Stable outlook), ICRA: AA (Stable outlook) Debt Profile • • • • Access to diverse pools of liquidity. Strong relationships with domestic and international banks and financial institutions Net Gearing and Leverage well under stated caps of 1.75x and 3.75x, respectively Successfully raised US$3.69bn through global bond markets since 2014 Issued global steel industry’s first USD Sustainability Linked Bond in September 2021 JSW Steel Q4 FY22 Results Presentation Note: Net Debt/EBITDA on LTM basis 42 Agenda --------------------------------------------------------------------------------- ~ ~S tee l r l I Sustainability Business Environment Operational Performance Financial Performance JSW Ispat Special Products Merger Outlook & Project Updates Digitalisation at JSW Steel I _J 43 JSW Steel Q4 FY22 Results Presentation JISPL Merger with JSW Steel: Transaction Overvi
Joint Control Entity
JSW Ispat Special Products Ltd. Indian Operations incl. Joint Control JSW Steel USA Ohio Total Combined Volumes All fig. in million metric tonnes FY23 Crude Steel Production 23.60 0.70 24.30 0.70 25.00 Sales 22.60 0.70 23.30 0.70 24.00 JSW Steel Q4 FY22 Results Presentation 49 Annual Capex Update ~ ~S tee l Actual Spent 14,198 20,000 19,124 ₹ crore 9,728 FY22 FY23 FY24 FY25 Particulars Unspent Capex including creditors & acceptance Sinter plant and other facilities to support 5mtpa expansion at Vijayanagar1 LRPC2 and Other Projects Sustenance Capex Sub Total BPSL: Expansion from 2.75mtpa to 5mtpa in 2 phases & Sustenance Capex Total ₹ Cr 33,259 5,000 1,401 4,704 44,364 4,488 48,852 JSW Steel Q4 FY22 Results Presentation 1: At JSW Vijayanagar Metallics Ltd. (JVML) 2: Low Relaxation Pre-stressed Concrete Steel strands 50 Key Project Updates - Vijayanagar ~ ~S tee l 5mtpa brownfield project • Long lead-time items ordered, Letters of Credit established • Construction activities for all pac
Scale digital to best-in-class
– – Enhance Sales, Marketing, Customer service and eCommerce Existing plants: Continue digital projects – New plants: BPSL, ACCIL, JISPL – Support functions: HR, Finance, Logistics, Commercial Integrated Control Tower (ICT) extension to other functions Sustainability led R&D – – \_ -----------------------------------------------_, ► Wave 3 Expanding the art of possible to E2E plant Digitalisation and other functions Wave 2 Digitalisation of procurement E2E Digitalisation of single mfg shop Digital in large project management Wave 1 Accelerated implementation of select use cases across value chain 130+ Digital Assets Created 6,000+ Employees engaged in the digital journey 400+ Digital lighthouses and projects Guiding Principles Behind Digitalisation (:) Agile • Fail-fast approach • Continuous improvement • Discreet problems Value lens • ROI key to investment • Safety added focus • Customer, Supplier & Employees Experience Sustenance • Nurture inhouse talent • Promote Horizontal deployme
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