JSW Steel Limited
5,994words
6turns
0analyst exchanges
0executives
Key numbers — 40 extracted
₹38,086 crore
₹4,309 crore
₹839 crore
0.98x
2.03x
93%
5.00mt
4.03mt
5.77mt
4.49mt
47%
0.3mt
Guidance — 2 items
Climate Change
opening
“8 Health & Safety Vision to achieve ‘Zero Harm’ JSW is committed to providing a safe and healthy working environment and achieving an injury- & occupational illness-free workplace Building a Culture of Health & Safety Health & Safety Initiatives • • 146,000+ safety observations carried out in Q1 FY23 8,700+ Inspections and Audits at plants in Q1 FY23 • Worldsteel “Bow Tie project” initiated at Blast Furnace across all ISP’s.”
Climate Change
opening
“Note: * GDP forecast for India pertains to fiscal year.”
Advertisement
Risks & concerns — 5 flagged
Strong dollar and weak global demand to hurt US exports • Europe: High inflation, energy shortages and rapid tightening by ECB along with weakening global demand to hurt consumption and investment growth.
— Climate Change
Property sector remains weak but step-up in policy action by Govt.
— Climate Change
focus on infrastructure and social investments • After strong FY22, merchandise exports were healthy in Q1 FY23 but slowing global growth is a risk.
— Climate Change
Outlook for 2Ws & tractors is improving • Urban residential real estate cycle remains strong with limited impact of rising interest rates so far • Healthy power consumption and strong focus on energy transition to drive large investments in renewables • High inflation and energy costs could hurt domestic consumption.
— Climate Change
27% decline QoQ due to volatile market conditions.
— Climate Change
Speaking time
1
1
1
1
1
1
Advertisement
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 Ql FY 2022-23 ended on 30.06.2022. Thanking you, Yours faithfully, For JSW STEEL LIMITED � Laney Varghese Company Secretary Jini>.U Part of 0. P. Jindal Group Where there’s steel, there’s JSW. Q1 FY2023 Results Presentation 22 July 2022 1 Forward Looking and Cautionary Statement 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 ea
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) 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 JSW Steel Q1 FY23 Results Presentation JSW Policies for each Focus Area are available on our website Governance & Oversight By Board-level Business Responsibility And Sustainability Committee t n e d n e p e d n I s r o t c e r i D e v i t u c e x E s r o t c e r i D Ms. Fiona Paulus (Chair) Dr. (Mrs.) Punita Kumar Sinha Mrs. Nirupama
Joint Control Entity
JSW Ispat Special Products Ltd. Indian Operations incl. Joint Control* JSW Steel USA Ohio Total Combined Volumes Q1 FY23 Crude Steel Production 5.62 0.11 5.72 0.16 5.88 Sales 4.33 0.12 4.45 0.16 4.61 JSW Steel Q1 FY23 Results Presentation Note:*-Without elimination of inter-company volumes with JVs 21 9 Grades/Products Approved in Q1 FY23 Galvanized Steel – High Strength & Structural Steel for Solar Structural Support Application Hot Rolled - High Carbon Steel for Clutch Plate Application (Tractor, CV) Tube for Solar Structural support (EN -10346 S450GD+Z GP275 – GP) Clutch Plate (C80 – HR) Tin Plate for Dry Cell Cap Application Dry Cell Top & Bottom Cover (T2 – Tin Plate) Galvanized & Color Coated (PPGI) for Home Appliances – Chimney Hood & Washing Machine Cabinet Parts Applications Contributing to enhanced corrosion life Washing Machine Outer Cabinet Parts (IS 277,GPL(SGCC) – Color Coated, Lavender Grey, Versallies Grey ) Electrical Steel, Fully Processed for Laminations, Stator/Roto
Credit Ratings
o o International: Fitch: BB (Stable Outlook) and Moody’s: Ba1 (Stable 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 Q1 FY23 Results Presentation Note: Net Debt/EBITDA on LTM basis 37 Agenda Sustainability Business Environment Operational Performance Financial Performance Outlook & Project Updates Digitalisation at JSW Steel JSW Steel Q1 FY23 Results Presentation 38 Key Project Updates - Vijayanagar 5mtpa brownfield project • Long lead-time items ordered, Letters of Credit established • Construction activities for all packages underway • Project to
Expand and scale Digital to best-in-class
– – Enhance Sales, Marketing, Customer service and eCommerce Existing plants – Continue digital projects – New plants – ACCIL, JSW-ISPL, JSW- BPSL 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 4 We are here 1 3 2 130+ 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 deployment • PMO & Governance JSW St
Advertisement