Graphite India Limited
3,057words
5turns
0analyst exchanges
0executives
Key numbers — 40 extracted
rs,
Rs. 825 Crore
19%
Rs. 719 Crore
10%
Rs. 213
Crore
Rs. 188 Crore
Rs. 92 Crore
Rs. 128
Crore
Rs. 4.72
Rs. 252 Crore
Rs. 192
Crore
Risks & concerns — 2 flagged
Alongside these geopolitical headwinds, central banks across the world continue to address the challenge of rising inflation levels by increasing interest rates.
— Note
Above table represents Total 64 Countries as per WSA which accounts for 98% of total world crude steel production 5 Indian Production World Production Steel Industry Outlook and Dynamics Q3 CY2022 Steel Production ▪ As per the World Steel Association (WSA) global crude steel production was 451.4 Mt in Q3 CY2022, a decline of 1.7% y-o-y and 8.0% on q-o-q basis.
— Note
Advertisement
Speaking time
4
1
Opening remarks
Note
1) In Q1 FY2023, Damodar Valley Corporation has revised electricity tariff rates and the net charge of Rs. 75 Crores has been combined under 'Power and Fuel” for the quarter and referred as one time charge 2) In Q2 FY2023, we have an exceptional item of Rs. 45 Crores which is related to the closure of the German electrode production* 3 Chairman’s Message “During a challenging financial quarter, Graphite India reported consolidated Net Sales of Rs. 825 Cr, a growth of 19% y-o-y. EBITDA, before a one time charge of Rs. 45 Cr, was Rs. 213 Cr and Net Profit was Rs. 92 Cr (after the one time charge). From a manufacturing perspective, capacity utilization during the quarter was 56% as compared to 71% in Q1 FY2023. The year on year sales growth was primarily driven by improvement in realizations while volumes remained subdued. The company has a consolidated Net Cash position of Rs. 2,112 Cr at the end of September 2022. K K Bangur Chairman As reported earlier, the Russia - Ukraine conflict ha
Notes
1. 2. 3. 4. EEBITDA excluding One Time expense of Rs. 75 Crores which was charged by Damodar Valley Corporation (DVC) on account of electricity charges EBITDA excludes an exceptional item of Rs. 45 Crores which was incurred for the closure of the German electrode production during Q2 FY23 EBITDA includes Other Income All margins calculated as a percentage of Net Sales (excluding Other Income) Y-o-Y Sales growth was driven primarily driven by improved realizations Q-o-Q Sales growth was driven by a slight increase in realizations, although volumes decreased In Q1 FY2023, Damodar Valley Corporation revised electricity tariff rates and the net charge of Rs. 75 Crores has been grouped under 'Power and Fuel” In Q2 FY23, German electrode production was stopped with a Rs. 45 Crores exceptional charge 8 Standalone Financial Performance (Rs. Crore) FY2023 FY2022 Q2 y-o-y Growth (%) Q1 FY2023 q-o-q Growth (%) Half Year Ended FY2023 FY2022 y-o-y Growth (%) Comments Net Sales (Excluding Other Inco
Notes
1. 2. 3. EBITDA excluding One Time expense of Rs. 75 Crores which was charged by Damodar Valley Corporation (DVC) on account of electricity charges EBITDA includes Other Income All margins calculated as a percentage of Net Sales (excluding Other Income) 9 Quarter Performance Trends Consolidated Net Sales Standalone Net Sales 692 866 825 654 798 719 Q2FY22 Q1FY23 Q2FY23 Q2FY22 Q1FY23 Q2FY23 Consolidated Operating Profit / (Loss) Standalone Operating Profit / (Loss) 188 27% 168 20% 59 7% Q2FY22 Q1FY23 Q2FY23
Notes
1. 2. Operating Profit / (Loss) is including Other Income. All numbers in Crores unless specifically mentioned 192 29% Q2FY22 97 12% Q1FY23 207 29% Q2FY23 10 Quarter Performance Trends Consolidated Net Profit / (Loss) Standalone Net Profit / (Loss) 128 18% Q2FY22 92 11% Q2FY23 24 3% Q1FY23 140 21% 139 19% 63 8% Q2FY22 Q1FY23 Q2FY23 Consolidated Capacity Utilization Standalone Capacity Utilization 81% 71% 56% 93% 80% 64% Q2FY22 Q1FY23 Q2FY23 Q2FY22 Q1FY23 Q2FY23 Note: All numbers in Crores unless specifically mentioned 11 Leverage Profile Significant financial flexibility available for future organic and inorganic growth Consolidated Leverage Profile Standalone Leverage Profile (Rs. Crore) Sept- 22 June- 22 Mar- 22 Dec- 21 Sep- 21 (Rs. Crore) Sept- 22 June- 22 Mar- 22 Dec- 21 Sep- 21 Cash & Cash Equivalents1 2,527 2,667 2,774 2,785 2,906 Cash & Cash Equivalents1 2,234 2,474 2,482 2,468 2,466 Total Debt (415) (464) (428) (333) (275) Total Debt (264) (356) (343) (249) (258) Net Cash 2,112
Notes
1. Cash and cash equivalents include investments 12 Quarterly Segment Performance Consolidated Segment Performance Standalone Segment Performance Q2 y-o-y Q1FY23 q-o-q Q2 y-o-y Q1FY23 q-o-q (Rs. Crore) FY2023 FY2022 Graphite and Carbon Others Less: Inter Segment Sales Segment Revenue Graphite and Carbon Others Profit / (Loss) before tax and interest Finance Cost Unallocated Income / (expense) Profit / (Loss) Before Tax (Before Exceptional Items and Associates) Share of Profit/Loss of an Associate Exceptional Items Profit / (Loss) Before Tax Growth (%) 14% 92% - 19% (14)% 227% 10% nm 20% FY2023 798 68 - 866 69 16 85 (2) Growth (%) (8)% 35% - (5)% 29% 125% 47% 100% (40) (283)% 734 92 (1) 825 89 36 125 (4) 73 645 48 (1) 692 103 11 114 0 61 194 175 11% - (45) 149 (4) - 171 (100)% nm (13)% 43 - - 43 351% - - * Amounts are below the rounding off norm adopted by the company (Rs. Crore) FY2023 FY2022 Graphite and Carbon Others Less: Inter Segment Sales Segment Revenue Graphite and Carbon Other
Advertisement