Shyam Metalics And Energy Limited has informed the Exchange about Investor Presentation
Securing tomorrow with today’s strength
Investor Presentation July 2023
Safe Harbor
This presentation and the accompanying slides (the “Presentation”), which have been prepared by Shyam Metalics And Energy Limited (the “Company’), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or binding commitment whatsoever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company.
This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded.
Certain matters discussed in this Presentation may contain statements regarding the Company’s market opportunity and business prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of various international markets, the performance of the industry in India and world-wide, competition, the company’s ability to successfully implement its strategy, the Company's future levels of growth and expansion, technological implementation, changes and advancements, changes in revenue, income or cashflows, the Company's market preferences and its exposure to market risks, as well as other risks. The Company's actual results, levels of activity, performance or achievements could differ materially and adversely from results expressed in or implied by this Presentation. The Company assumes no obligation to update any forward-looking information contained in this Presentation. Any forward-looking statements and projections made by third parties included in this Presentation are not adopted by the Company and the Company is not responsible for such third-party statements and projections.
All Maps used in the presentation are not to scale. All data, information, and maps are provided "as is" without warranty or any representation of accuracy, PROCESSss or completeness
2
Company Overview
Shyam Metalics at a Glance
•
•
6th Largest Integrated Steel Producer & amongst the largest Ferro Alloys producer in India
4th Largest Sponge Iron Player, Leading player in terms of Pellet Capacity
•
Integrated Metal Producing Company
• Operates “Ore to Metal” integrated steel plants
with Captive Railway Siding
•
Strategically located plants with Proximity to Mineral Belts, National Highways and Ports
Achieving End-To-End Solutions
“Ore To Metal”
• 21%: Revenue Growth in FY23 YoY
13 MTPA Combined Production Capacity
~74% of power sourced from Captive
14,586 Employee Strength
AA CRISIL Credit Rating
• PAT
Positive
since
commencement
of
operations in 2005
• 0.18 X Gross Debt / Equity as of March 2023
• One of Lowest Gearing amongst competitors
• ~74% of power sourced from Captive Power Plants at 2.74 Rs./Kwh in Q1 FY24, while Grid Power costs 6-8 Rs./Kwh4
• Promoters with decades of experience in the Metal Industry along with experienced Management Team
Optimising the Balance Sheet for Resilience & Flexibility
CRISIL AA (Stable) Long Term Bank Facilities
Highest credit rating in the industry
CRISIL A1+ (Stable) Short Term Bank Facilities
4
Eminent Promoters & Management
Mahabir Prasad Agarwal, Chairman • An accomplished business leader and a first-generation entrepreneur having more than 50 Years of experience in steel & ferro alloys industries.
• He has the foresight to lead the Company in particular journey and contributing
on a significantly in growth path of the company.
transformational
• His keenness to give back to the society and a desire to improve the lives of individuals, led to the formation of Shyam Metalic Foundation which is committed to provide the means to empower individuals to bridge the socio-economic divide and contribute to the creation of equitable and sustainable communities.
Brij Bhushan Agarwal, VC & MD • A visionary business leader with more than 20 years of
experience
• A guiding force for the company and having over three in the steel & ferro alloys
decades of experience industries.
• His array of exposures percolates to areas like strategic planning, business development, future expansion, execution of projects, Marketing, Human Resource and corporate affairs of the company.
Sanjay Kumar Agarwal, Joint Managing Director • Holds a bachelor’s degree in commerce, with honours, from
University of Kolkata.
• Over 18 years of vast experience in the steel & ferro alloys
industry.
• Primarily responsible for the Operations / manufacturing of the plants with focus on cost control, production efficiency, competitive procurement of raw materials etc.
Deepak Agarwal, Director Finance & CFO • He is an Associate member of the Institute of Company
Secretary of India.
• He is a techno commercial professional and possessing more than 20 years of experience of steel and ferro alloys industries.
• His array of exposure percolates to areas like finance, accounting, taxation, banking and treasury, corporate governance, merger and acquisition, project planning and execution, legal, secretarial, costing and cost control, risk management, Accounting & Audit etc.
The Management Team is ably assisted by a very strong team of Professionals who have contributed immensely to the growth of the Company
5
Driving Integration of Multi-Product Metals Portfolio
Prospective License for Iron Ore Mine: Maharashtra
Railway siding
Renewables – Captive Solar Energy Plant
Aluminium Mill with Caster
*Backward Integration
Shyam Metalics & Energy Ltd
Current Portfolio
*Downstream Products
Intermediates
Ferro Alloys
Finished Steel
Aluminium Foil
Colour Coated Sheets
CRM Stainless
Stainless Steel
Ductile Iron Pipes
Pellets, Billets, Sponge Iron
*Pig Iron, Coke Oven, Billet SS, Billet- Hot Flat Product, Billet- Parallel Flange
Ferro chrome, Low Carbon Ferro Chrome, Ferro Manganese, Silico Manganese
Angles, channels, TMT, Beam, Wire rod & Structurals
Battery foil
Hot Flat Products
Parallel Flange Beam
Steel Wire Drawing
*Upcoming Projects
6
Value Propositions
1
2
3
4
Backward Integration & Forward Integration with presence across the Value Chain
Diversified Product Mix: Scaling up stainless steel & aluminum
Strong Brand & Distribution Network
Private Railway Sidings Advantage for Seamless Logistics
5
Captive Power for ~74% power requirement
6
Capacity Addition to increase share of High Margin B2C Products
7
8
9
De-Leveraged Balance Sheet giving flexibility in growth
Sustainable solution - Waste used as ‘Productive Inputs’
Consistent Performance over the last decade
7
Key Updates for Q1 FY24
Update on Capex
• Increasing upstream capacities by 5.1 MTPA at a capex cost of Rs 1,215 cr ; additional downstream
• Additional capex plan : Rs 3,915 cr resulting in capacity expansion, enhanced product portfolio and cost
efficiencies
capacities of 1.61 MTPA at a capex cost of Rs 1,470 cr
• Capex of Rs 1,230 cr on enhancing captive power generation :-
o Addition of 220 MW of power generation in captive power plant, capacity growth from 377 MW to
597 MW
o Sustainability being our top priority, renewable energy portfolio be enhanced more than ten-fold,
growing from existing 9.1 MW to 109.1 MW
Governance Updates
• Appointed Independent Directors: Mr Shashi Kumar, Ex-Chairman – Coal India Limited & Mr Malay Kumar
De, Ex- IAS officer
• Statutory Auditor: Appointment of M/s. MSKA & Associates, a member firm of BDO International which is 5th Largest network of accounting, tax and advisory firms and is the largest mid-tier network in the world.
Financial Performance
• Q1 FY24 : Revenue : Rs. 3,307 cr , EBITDA : Rs. 405 cr , PAT : Rs.235 cr
8
Additional Capex Plan
Objective
Outcome
Mega Capacity Expansion*
Increase Backward Integration Integration
Foray Into Newer Segments
Utilise cash generated from operations for growth
•
•
Downstream capacity to increase from 2.7 MTPA to 4.4 MTPA Upstream capacities to grow by 5.1 MTPA
The total capex for the projects will be ₹ 3,915 Cr
Projects are scheduled to be commissioned in phases, and will be functional in FY24, FY25 & FY26
Funding for the projects will be derived majorly via internal accruals and lead to substantially improved cash flows in future
* Across Orissa & West Bengal
9
Category-Wise Capex Allocation
Category
Ancilliary Backward Integration Downstream Products
Total
Capacity Increase (MTPA)
Cost (Rs in Cr)
320.00
5.10
1.61
6.71
1,230
1,215
1,470
3,915
Projects
Category
Process
Captive Power Plant Solar Plant
Captive Power Plant
Ancillary
Aluminium Mill with Caster
Battery Foil Plant
Aluminium
Backward Integration
Downstream Products
Units
MW
CPP Total
MTPA
Aluminium Total
Beneficiation Plant
Pellet
Backward Integration
MTPA
Pellet Total
Ferro Alloys
Ferro
Downstream Products
MTPA
Ferro Total
Billet (for Hot Flat products) Billet ( for Parallel Flange Beam) Billet SS DRI
CRM (Stainless)
Ductile Iron Pipe
Intermediary
Backward Integration
MTPA
Intermediary Total
Hot Flat Products
Finished Product
Downstream Products
MTPA
Parallel Flange Beam
Steel Wire Drawing
Finished Products Total
Grand Total
Capacity Increase 220 100 320 0.01
0.005
0.015 3 3
0.02
0.02 0.5 0.4 0.13 1.06 2.09
0.2
0.4
0.5
0.4
0.09
1.59
6.71
Capex Cost (Rs in Cr) 780 450 1230 75
25
100 300 300
60
60 200 110 130 400 840
150
400
550
240
45
1,385
3,915
10
Incremental Capex in Ramsarup Industries
Shyam Metalics & Energy Ltd
Ramsarup Industries
Super Smelters Ltd
Rs. 375 cr
Capex : Rs 625 cr
Rs. 250 cr
Steel Wire Drawing
Captive Power Plant
Ductile Iron Pipe
85,000 TPA
40 MW
4,00,000 TPA
Project Timeline
Sept. 2024
March 2025
Jan. 2026
Current Projects Overview
Capacity Expansion
Particulars
Unit
Aggregate capacity at the launch of IPO
Capacity proposed in the IPO
Further expansion as approved on 15th march 2022
Post implementati on capacity
Already implemented after proposed in IPO
Aggregate implemented capacities as on 27th July
Further to be implemented as per existing expansion
Captive Power Plant
Iron Pellet Plant
Ferro Alloy Plant
Coke Oven Plant
Sponge Iron plant
Blast Furnace
Sub-Total
Billet Plant
TMT, Structural Products, Wire Rods & Pipes
Ductile Pipe Plant
Sub-Total
Total
MW
MTPA
MTPA
MTPA
MTPA
MTPA
MTPA
MTPA
MTPA
MTPA
227
2.4
0.21
-
1.39
-
1.39
0.89
0.82
-
0.82
MTPA
5.71
130
1.2
0.01
-
1.51
0.60
2.12
1.11
1.25
0.2
1.45
5.89
-
2.4
-
0.45
-
-
-
-
-
-
-
357
6
0.22
0.45
2.9
0.60
3.5
2.01
2.07
0.2
2.27
2.85
14.45
130
3.6
0.01
-
1.31
-
1.31
1.11
1.25
-
1.25
7.28
357
6.0
0.22
-
2.70
-
2.70
2.01
2.07
-
2.07
13.00
-
-
-
0.45
0.20
0.60
0.80
-
-
0.20
0.20
1.45
Iron Making
Liquid Steel
Finished Steel
We have Incurred a capex cost of Rs 3233 Crores till 30th June 2023 which accounts to 82% of the Total capex envisaged i.e Rs 3,950 crores and Rs 2,379 crores have been capitalized out of Rs 3,233 Crores. At both of our plants, ie at Jamuria & Samblapur, railway siding are being increased from 2 lines to 4 lines
13
Capex Incurred in Ramsarup Industries
Shyam Metalics & Energy Ltd
Super Smelters Ltd
100%
40%
Shyam SEL & Power Ltd
60%
SS Natural & Resources Pvt Ltd
Ramsarup Industries
100%
Rs. 448 cr
Capex Requirement Rs 747 cr
Rs. 299 cr
•
•
•
•
Ramsarup Industries is a Kolkata based steel company which acquired by Shyam Metalics via NCLT
The existing facilities at the Kharagpur plant with ~315 acres of land are have not been operational for the last 8 years.
The new consortium of owners have identified in the first phase, to kickstart few existing facilities with an outlay of ~ Rs 747 crore
Incurred a capex cost of Rs 193.53 Crores till 30th June 2023. This accounts to 26% of the total capex cost envisaged i.e Rs 747 crores.
• Out
of
the
total
Crs, 60% of the cost has been incurred by Shyam Metalics Group and remaining 40% has been incurred by Super Smelter Group.
incurred
expense
of Rs.
193.53
14
Business Update: Greenfield Expansion- Cold Rolling Mill
Capacity
Phase I
2,50,000 Ton
Phase II
1,50,000 Ton
n o i s n a p x E d e i f n e e r G
l
Capex Incurred Rs 95.3 cr
Capex Pending Rs 507.7 cr
Total Capex Rs. 603 Cr
•
•
•
•
To setup a greenfield project for a cold rolling mill spread over 94 acres of land at Jamuria, West Bengal.
Project approved under the PLI scheme
Products will include GI/GL coils and PPGL (Pre Painted Galvalume Coils)
The business will be setup under the wholly owned subsidiary- Shyam Metalics Flat Products Pvt Ltd
Current Capacities Across Steel Life Cycle
Finished Steel
2.07 MTPA
WRM 0.92 MTPA (Wire Rod & Wire Draw Mill)
TMT 0.92 MTPA
Structurals 0.20 MTPA
Pipe Mill 0.03 MTA
Iron Making
Liquid Steel
DRI 2.70 MTPA (Direct Reduced Iron)
SMS 2.01 MTPA (Steel Melting Shop)
16
Consistent Track Record on Envisaged Capex
After IPO in FY21, we announced our ambitious capex plans to expand capacity multifold. We have consistently delivered as per the plan and most of the projects have been commissioned well ahead of schedule. In addition, we have also acquired assets which will be margin accretive. We are also expanding our revenue streams with greenfield projects underway to further enhance our product portfolio.
Capacity (Million MTPA)
FY21 (IPO)
Capex incurred (Rs Cr)
Q1 FY24
Capacity Increase
Future Capex (Rs Cr)
Iron Pellet
Sponge Iron
Billets
TMT, Structural Steel, Wire Rods & Pipes
Ferro Alloys
Captive Power (MW)
Blast Furnace
Coke Oven
DI Pipe
Railway Siding
Aluminium Foil
2.4
1.39
0.89
0.82
0.21
227
New Venture
*For some projects the company has incurred excess costs aggregating to Rs 91 cr
150%
94%
125%
152%
5%
57%
521
605
353
272
45
460
268
211
143
355
Total 3,233
6.0
2.70
2.01
2.07
0.22
357
40,000 TPA
332
239
200
37
Total 717*
17
Higher Contribution of Finished Steel Products
17%
25%
27%
19%
11% 2019
23%
24%
20%
18%
14%
2020
Revenue Mix
37%
12% 11% 16%
24%
2021
38%
8% 17%
17%
18%
2022
48%
8% 15%
15% 8% 2023
48%
7% 13% 14% 9% Q1FY24
Volumes (in lakh tonnes)
20.8 1.9
10.2
1.5 7.3
2019
23.2 2.9
8.8 1.5
9.9
2020
31.2
6.1
5.7 1.7
17.7
32.0
7.6
8.1 1.6
14.7
33.3
11.2
8.1 1.8
12.1
2021
2022
2023
9.0 3.1
2.1 0.5
3.4 Q1FY24
TMT, Structural and Pipes
Steel Billets
Sponge Iron
Ferro Alloys
Iron Pellets
Finished Steel
Intermediates
Ferro Product
Iron Pellet
Enriching product portfolio to make a basket of fully integrated downstream products
Make customized products to capitalise on market opportunities
Serve growing demand for steel & allied products
18
Aluminium Foil - Update
Aluminium Plant – Pakuria , West Bengal & Giridih, Jharkhand
Capacity: 40, 000 TPA – One of the largest in India, spread over 5 acres
Plant installed by Achenback (Germany), an industry pioneer
Kickstarted and stabilised plant operations in record time
More than 60% of the production utilised for exports
Rolling range: 40 to 5 micron with annhealing capability, customised as per demand
Majorly producing 6-10 micron rolled material
•
3,654 Metric Tons of aluminium foil sold in Q1 FY24, against 1,577 Metric Tons in Q1 FY23, registering a growth of 131%
• Contribution to Q1 FY24 Revenue : 3.9%
19
Export Opportunities
17
Countries
Exports to countries like USA, Japan, Korea, Italy, Nepal, Bangladesh
11%
Export Contribution to Revenues in Q1 FY24
44%
41%
15%
Steel products both upstream and downstream including Angles, Beams, Billets, Channels, Wire Rods, MS Round Coils and Sponge Iron
Ferro Chrome Ferro Manganese and Silico Manganese Products
Aluminum Foil Products
We are preferred suppliers to large corporations like
Norecom DMCC
POSCO Intl Corp
World Metals & Alloys (FZC)
TRAXYS North America LLC
J M Global Resources
Web Packaging Solutions
Durable Inc
Manakin Industries
Cartonal Italia
% of Products Exported is for Q1 FY24
20
Q1 FY24 Financial Performance
Performance Highlights
Q1 FY24
Revenue
Rs. 3,307 Crores
3%
y-o-y
EBITDA
Rs. 405 Crores
-33%
y-o-y
PAT
Rs. 235 Crores
-43%
y-o-y
Q1 FY24 Performance Highlights
Revenue from Operations
Rs. 3,307 crores
3% y-o-y
EBITDA
Rs. 405 crores
-33% y-o-y
Profit After Tax
Rs. 235 crores
-43% y-o-y
Revenue Breakup
3.9%
9.2%
14.3%
9.2%
13.4%
6.6%
47.8%
Steel Products 71%
Ferro Alloys TMT, Structural and Pipes Steel Billets Sponge Iron
Iron Pellets Aluminium Foil Others
Volumes (in lakh tonnes)
Volumes (in lakh tonnes)
Ferro Products
3.7
0.5
Y-o-Y
+4%
3.6
0.5
+6%
3.9
0.5
4.6
Q-o-Q
Finished Steel
2.3
Iron Pellets
3.3
3.2
3.4
Steel Billets
0.5
Sponge Iron
1.7
Steel Products
Y-o-Y
+14%
5.2
3.4
0.4
1.4
0%
Q-o-Q
5.2
3.1
0.5
1.6
Q1 FY23
Q4 FY23
Q1 FY24
Q1 FY23
Q4 FY23
Q1 FY24
Per Tonne Realizations
Ferro Products
Finished Steel
Steel Billets
Y-o-Y
Q-o-Q
Y-o-Y
Q-o-Q
Y-o-Y
Q-o-Q
-19%
-3%
-8%
-12%
-4%
+9%
-13%
-4%
1,18,619
99,863
96,553
1,10,235
1,01,360
57,743
52,472
50,557
48,916
53,268
50,770
46,125
44,378
+10%
43,395
47,680
Q1FY23
Q4FY23
Q1FY24
FY22
FY23
Q1FY23
Q4FY23
Q1FY24
FY22
FY23
Q1FY23
Q4FY23
Q1FY24
FY22
FY23
Sponge Iron
Iron Pellets
Aluminium Foil
Y-o-Y
Q-o-Q
-15%
-8%
+4%
Y-o-Y
-10%
Q-o-Q
-1%
33,204
30,712
28,352
30,447
31,702
9,999
9,077
9,013
-30%
12,590
8,612
Y-o-Y
-9.1%
Q-o-Q
-4%
+0.3%
3,84,084
3,64,009
3,49,288
3,66,306 3,67,263
Q1FY23
Q4FY23
Q1FY24
FY22
FY23
Q1FY23
Q4FY23
Q1FY24
FY22
FY23
Q1FY23
Q4FY23
Q1FY24
FY22
FY23
24
Consolidated Profit & Loss Statement
Particulars (Rs. Crs.) Revenue from Operations
Cost of Material Consumed
Purchase of Stock
Change in Inventories
Total Raw Material
Gross Margin
Gross Margin (%)
Employee Expenses
Other Expenses
EBITDA
EBITDA Margin (%)
Other Income
Depreciation
EBIT
Finance Cost
Share in Profit/(Loss) of Associate and JV
Profit before Tax
Tax
Profit After Tax
PAT Margin (%)
EPS (Rs)
Q1 FY24
3,306.8
2415.7
15.2
-39.4
2,391.5
915.3
27.7%
99.1
411.4
404.9
12.2%
33.0
119.0
318.9
36.7
0.0
282.2
47.0
235.2
7.1%
9.2
Q1 FY23
3,223.2
1996.5
98.5
14.1
2,109.1
1,114.1
34.6%
78.0
429.5
606.6
18.8%
21.9
94.8
533.8
6.8
0.0
526.9
113.1
413.8
12.8%
16.2
Y-o-Y
2.6%
-33.3%
-43.2%
Q4 FY23
3,380.1
2525.16
2.4
-100.41
2,427.2
952.9
28.2%
97.6
441.9
413.5
12.2%
30.9
125.9
318
38.6
0.0
279.9
21.0
258.9
7.7%
10.2
Q-o-Q
-2.2%
-2.0%
-9.2%
FY 23
12,610.2
8,916.3
292.6
-242.6
8,966.3
3,643.9
28.9%
345.2
1,812.9
1,485.9
11.8%
112.0
463.1
1,134.8
93.1
0.1
1,041.8
193.4
848.4
6.8%
33.2
Blended EBITDA Per Ton : Q1 FY24 – Rs 7,812 vs Q1 FY 23 – 13,328 vs Q4 FY23 – 7,944 | FY23 – Rs 7,682 vs FY22 – Rs 16,664
25
Strong Debt Profile
Gross Debt (Rs. Crs.)
Net Debt (Rs. Crs.)
1,050
656
785
534
1,086
951
960
448
246
Mar-19
Mar-20
Mar-21
Mar-22
Mar-23
Jun-23
Mar-19
Mar-20
Mar-21
Mar-22
-477
-562 Mar-23
-499
Jun-23
Net Debt / Equity
Net Debt / EBITDA
0.34
0.18
0.07
0.48
1.51
0.18
-0.18
Mar-19
Mar-20
Mar-21
-0.08
Mar-22
-0.10 Mar-23
Mar-19
Mar-20
Mar-21
Mar-22
-0.38 Mar-23
26
Strong Balance Sheet – Flexibility of Growth
0.18x Gross Debt / Equity (as of 31st March 2023)
One of Lowest Gearing amongst competitors*
Internal Operating Efficiency led to significant reduction in Working capital requirements
Conservatively Leveraged + Disciplined Capital Allocation strategy = Better Return Metrics
Debt/Equity (x)
Working Capital (days)
Return ratios (%)
Gross
0.18
Working Capital days
43
24
ROCE
0.09
Mar-22
Mar-23
-0.08
Mar-22
-0.10 Mar-23
Net
*Crisil Report
72
64
57
42
13
Mar-22
17
Mar-23
Inventory Days
Debtor Days
Creditor Days
37.5%
15.0%
Mar-22
Mar-23
ROE
29.6%
14.0%
Mar-22
Mar-23
Strong Balance Sheet to support Capex, Growth and Business Cycles
27
Annexure
Strategically Located - Supported by Infrastructure
Strategically located in the mineral rich East Indian region
Raw Material Sources are within 250 kms
Kolkata Haldia
Dhamra
Paradeep
~800+ dealers & distributors stock and sell the finished products across 27 states and 1 Union Territory
We sell 70% of our products within the vicinity of 500 Km from our plants
• Plants are in close proximity to National Highways 16 &19
• Sambalpur & Jamuria Plants have captive railway sidings
Vishakhapatnam
Plant Location
Captive Railway Sidings
Key Raw Material
Iron ore / Iron ore fines
Chrome ore
Manganese ore
Coal
Ports are within 600kms
Ports
Source
Mine owners located in Odisha
Long term linkages with Odisha Mining Corporation Limited, other mine owners and imports
MOIL Limited, other mine owners and imports
Fuel supply agreements entered into with Mahanadi Coalfields Limited, Central Coalfields Limited and South Eastern Coalfields Limited
29
Brownfield expansion with…
Railway Siding
Captive Power Plants
Captive Water Reservoir
Jamuria Plant
Sambalpur Plant
We have 1 manufacturing plant located in Sambalpur, Odisha and 1 manufacturing in Jamuria, West Bengal with aggregate installed capacity of 12.9 MTPA comprising of intermediate and final products.
We also have a small plant in Mangalpur, West Bengal with aggregate installed capacity of 0.1 MTPA
These plants also include captive power plants with an aggregate installed capacity of 357 MW
Brownfield expansion leading to Lowest Capex in the Industry
30
Integrated operations across the steel value chain
Raw Materials
Coal
Processing
Coal Washery
Washery Rejects
Char/Flu Gases
Rotary Kilns
Power Plant
Rolling Mills
Iron Ore Fines
Washing & Pelettization Plant
Pellets
Sponge Iron
Steel melting Shop
Billets
Fines
Sinter Plant
Sinter
Blast Furnace
Pig Iron
Structure Rolling Mills
Coking coal
Manganese Chrome Ore
Coke Oven
Submerged Arc Furnace
Ductile Iron Plant
Manganese
End-Products
Electricity (Captive)
TMT Bars
Wire Rod
Angle
Channel
Beam
Ductile Pipe
Ferro Alloys
Point of Sale
Proposed Expansion
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Detailed Plant Wise Capacities* – Existing
Product –Wise Capacity (MTPA)
Iron Pellets
Ferro Alloys
DRI (Direct Reduced Iron)
Billets
TMT, WDM, SRM
Pandoli, Odisha
Jamuria, West Bengal
Mangalpur, West Bengal
TOTAL (MTPA)
3
0.11
1.16
0.87
0.92
3
0.07
1.48
1.14
1.15
0.04
0.06
6
0.22
2.70
2.01
2.07
Captive Power
158 MW
184 MW
15 MW
357 MW
(*Capacities as of July 27th 2023)
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Captive Power: ~ 74%
•
•
•
Power consumed by the plants are primarily produced in-house by the captive power
plants
Sambhalpur
5 Captive Plants Total Capacity of 158 MW
Captive power plants utilise non fossil fuels such as waste, rejects, heat and gas generated
from the operations to produce electricity
Jamuria
6 Captive Plants Total Capacity of 184 MW
Cost of in-house power is significantly less than grid power which costs INR 5-7 Per Unit *
Mangalpur
1 Captive Plant Total Capacity of 15 MW
Captive Power to Total Power Consumed
Cost of Per Unit of Captive Power** (Rs./KWH)
Current Capacity* (MW)
85.2%
79.0% 82.0%
74.0%
74.0%
2.09
2.15
2.12
3.60
2.74
184
15
158
FY20
FY21
FY22
FY23
Q1 FY24
FY20
FY21
FY22
FY23 Q1 FY24
Sambalpur
Jamuria Mangalpur
* Source: CRISIL Report; **Average cost of Power from Captive Power Plant = Total cost of power from all Captive Power Plants / Total production units
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Strengthening Brand ‘SEL’
TMT TMT are used for the construction of buildings, transmission towers, industrial sheds, structures, road, dam and in other various infrastructures
SMEL sells the best quality TMT primarily in the states of West Bengal, Odisha, Bihar, Jharkhand, Tripura, Sikkim, Assam, Arunachal Pradesh, Manipur, Meghalaya, Uttarakhand, Uttar Pradesh, Punjab and Haryana. Our TMT and structural products are sold under the brand “SEL”
STRUCTURE
Structural steel describes hot rolled steel products such as angles, channels and beams. With an array of high- quality Structural products under the brand ‘SEL’, backed by world-class service and its other products, SMEL holds its pride of place among the leading steel manufacturers of the country and material directly from the DRHP
WIRE RODS
Towards forward integration, SMEL has set up high quality Wire Rod manufacturing & Wire Drawing facilities with best available technology and plant & machinery support
Since the raw materials are manufactured in-house at our plant, the company is able to produce high quality Wire Rod & H.B. Wires in an efficient & cost-effective manner
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CSR Initiatives
Sustainability
Skill Development
Sports Promotion
• Water Conservation- Check dam, Pond , landscaping, Plantation,
• Promotion of solar Light
•
Solar irrigation Pumps
• Promotion of Organic Farming
• Running sewing center, computer training center - KALP VRIKSHA programme
• Alternate source of income via enterprise development, skill development
Rural Health
Rural Education
•
•
Football team of Shyam Sel & Power Limited
Shoes & Kit distribution
• Play ground development
Social Infrastructure Development
•
•
Yearly Eye & Medical Camp for Villagers, FREE Medicine & Spectacles
Free Ambulance & Drinking water Services for villagers
• New Health Center & Homeopathy
Clinic
•
Free Coaching Center for Economic Backward Integration Section
• Computer Training Center at Dhasna
village
•
SHYAM Scholarship for Meritorious students of Economic Backward Integrations
•
Temples
• Village Sanitation
• Village Handicrafts – Skill
development
• Gau Daan ( Care for Animals)
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Shyam Metalics & Energy Limited
Mr. Pankaj Harlalka +91 9831298290 Pankaj.harlalka@shyammetalics.com
Ms. Maumita Dhar +91 9903568990 Maumita.dhar@shyammetalics.com
Investor Relations Partners
Mr. Nachiket Kale +91 9920940808 Nachiket.kale@linkintime.co.in
Mr. Rajesh Agrawal +91 9967491495 Rajesh.agrawal@linkintime.co.in
Shyam Metalics & Energy Ltd. CIN No. : L40101WB2002PLC095491
Trinity Tower, 7th Floor, 83, Topsia Road Kolkata – 700046, West Bengal, India