MSTCLTD

dl 441 Rrirnfe e-assuring INDIA MSTC LIMITED (A Govt, of India Enterprise) CIN : L27320WB1964GOI026211 MSTC/CS/SE/287 15th November, 2021 1. The Dy. Manager (Listing) 2. The Manager, Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex Dalal Street, Mumbai 400 001. Bandra (E), Mumbai 400 051 (Scrip Code: 542597) (Scrip Code: MSTCLTD) Dear Sirs, Sub: Presentation of Results for Quarter and half year ended 30th September, 2021 with the Investors/ Analyst In continuation of our Letter no. MSTC/CS/SE/285 dated 12th November, 2021 on the Unaudited Standalone and Consolidated Financial Results for the Quarter and half year ended 30th September, 2021 enclosed please find a copy of presentation in relation to conference call with the investors / Analysts which is scheduled to be held on Monday, 15th November, 2021 at 12:00 P.M. 1ST., intimation of which has already been communicated to the Stock Exchanges. This is for your information and records. Thanking you, Yours faithfully, For MSTC Limited (Ajay Kumar Rai) Company Secretary & Compliance Officer www.mstcindia.co.in / www.mstcecommerce.com Muftfrd ^T. ?ftwl8/2, hM TT. 175, l^t, cbltfcbMI-700 156,^51. Regd. Office : Plot No. CF18/2, Street No. 175, Action Area 1C, New Town, Kolkata - 700 156 W.B. Phone: 91-33-2340 -0000/0011/0012/0013 November 15, 2021 Earnings Release H1 2021-22 MMSSTTCC LLiimmiitteedd Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by MSTC 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 what so ever. 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 cash flows, 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. MMSSTTCC LLiimmiitteedd 2 Key Highlights Operational During the H1 2021-22, the Company crossed INR 710.36 bn in terms of value of goods transacted through Performance its marketing and e-commerce verticals which is 364.08 % increase over the value of goods traded in H1 (Standalone) 2020-21 .  Revenues of INR 5019.29 mn in H1 2021-22 vis-à-vis revenues of INR 3173.71 mn in H1 2020-21; increase Financial of 58.15%, largely driven by 98.77 % growth in marketing business & 59.24% growth in e-commerce Performance business . (Consolidated)  PBT of INR 994.45 mn in H1 2021-22 vis-à-vis INR 454.73 mn in H1 2020-21.  On behalf of Hyderabad Metropolitan Development Authority (HMDA) and Telangana State Industrial Infrastructure Corporation (TSIIC), plots of total 65.40 Acre area have been auctioned successfully. Business  MoU has been signed with Bihar Government Health Department for disposal of their scraps. update  A new mobile app for scrap auction has been launched by hon'ble Minister of State for Steel, Shri Fuggan Singh Kulaste MMSSTTCC LLiimmiitteedd 3 Key Highlights  The e-bidding portal developed for ONGC and Group Companies to Export and Import of their petroleum products has been launched. Business  An auction portal has been developed on behalf of CEPI (Custodian of Enemy Property for India) for auctioning Enemy Properties. update  Nine major mineral blocks have been successfully auctioned on behalf of Govt. of Orissa. MSTC Limited 4 Particulars (INR mn, unless stated) H1 2021-22 H1 2020-21 YoY % chg. Total Revenue 3,120.57 1,769.84 76.32% Marketing 1,763.66 887.30 98.77% E-commerce 1,243.31 780.87 59.22% Others 113.60 101.67 11.73% Standalone Financials EBITDA (pre-provisioning)1 1024.42 616.99 66.04% Highlights – H1 2021-22 Provisions and write-offs (net of provisions written-back) 152.40 52.79 188.71% Profit before Tax 832.37 510.99 62.89% Profit after Tax 525.90 342.44 53.57% EPS (in INR) 7.47 4.86 53.70% Cash Profit2 693.97 409.85 69.32% 1. EBITDA (pre-provisioning) refers to EBITDA less provisions for the period 2. Cash Profit is computed as EBITDA less expenses made towards Interest and Tax MSTC Limited 5 Particulars (INR mn) H1 2021-22 H1 2020-21 YoY % chg. Total value of goods traded through MSTC eco- system (INR bn) 710.36 153.07 364.08% Total Revenue 3,120.57 1,769.84 76.32% Revenue – E-commerce 1,243.31 780.87 59.22% E-Auction/E-Sale 1087.10 643.36 68.97% Standalone Financials Segment Reporting E-Procurement 32.50 66.46 -51.10% -H1 2021-22 Other Income 123.71 71.05 74.12% Revenue – Marketing 1,763.66 887.30 98.77% Total Expenses 2,288.20 1258.85 81.77% Profit Before Tax 832.37 510.99 62.89% Profit After Tax 525.90 342.44 53.57% MSTC Limited 6 Particulars (INR mn, unless stated) H1 2021-22 H1 2020-21 YoY % chg. Total Revenue 5,019.29 3,173.71 58.15% Marketing 1,763.66 887.30 98.77% E-commerce 1,243.28 780.74 59.24% Scrap recovery and allied jobs 2,010.75 1,504.02 33.69% Others 1.60 1.65 -3.03% Consolidated Financials EBITDA (pre-provisioning)1 1284.87 644.78 99.27% Highlights – H1 2021-22 Provisions and write-offs (net of provisions written-back) 167.75 52.79 217.78% Profit before Tax 994.45 454.73 118.69% Profit after Tax 618.55 259.87 138.02% EPS (in INR) 8.79 3.69 138.21% Cash Profit2 884.99 408.78 116.50% 1. EBITDA (pre-provisioning) refers to EBITDA less provisions for the period 2. Cash Profit is computed as EBITDA less expenses made towards Interest and Tax MSTC Limited 7 Summary P&L Statement Standalone Consolidated Particulars (INR mn) H1 2021-22 H1 2020-21 % change H1 2021-22 H1 2020-21 % change Revenue from operations 2,938.23 1,649.19 78.16% 4,913.69 3,112.45 57.87% Other Income 182.34 120.65 51.13% 105.6 61.26 72.38% Total Revenue 3,120.57 1,769.84 76.32% 5,019.29 3,173.71 58.15% Expenses Purchases of Stock-in-Trade/Operational Consumables & Spares 1,587.85 672.36 136.16% 1,849.98 842.69 119.53% Employee benefit expense 401.35 352.54 13.85% 914.3 843.57 8.38% Finance costs 23.98 38.59 -37.86% 23.98 41.14 -41.71% Depreciation and amortisation expense 15.67 14.62 7.18% 98.69 96.12 2.67% Provisions and write-offs 152.4 52.79 188.69% 167.75 52.79 217.77% Other expenses 106.95 127.95 -16.41% 968.98 829.67 16.79% Total Expenses 2,288.20 1,258.85 81.77% 4,023.68 2,705.98 48.70% Share of profit/(loss) of Joint Ventures -1.16 -13.00 Profit/(Loss) before tax 832.37 510.99 62.89% 994.45 454.73 118.69% Tax expense 306.47 168.55 81.83% 375.9 194.86 92.91% Profit/(Loss) for the period 525.90 342.44 53.57% 618.55 259.87 138.02% MMSSTTCC LLiimmiitteedd 8 Summary Balance Sheet Consolidated Consolidated Particulars (INR mn) Particulars (INR mn) H1 22 FY 21 H1 22 FY 21 Assets Equity Non-Current Assets Equity share capital 704 704 Property, plant and equipment 1,337.73 819.69 Other equity 5,015.10 4,875.53 Capital work-in-progress 24.24 518.25 Total - Equity 5,719.10 5,579.53 Leasehold Land 70.45 70.82 Non-current liabilities Other intangible assets 2.72 2.05 Financial liabilities Investment in Subs/ JVs, Associates 142.46 143.57 Borrowings 20.06 43.19 Financial assets 750.82 1,054.75 Other financial liabilities 19.62 7.28 Provisions 1,107.47 930.05 Non-current tax assets (net) 611.64 625.7 Other non-current liabilities 66.43 61.2 Deferred tax assets (net) 2,158.99 2,286.81 Total - Non-current liabilities 1,213.58 1,041.72 Other non-current assets 4.61 3.46 Current liabilities Total Non-current assets 5,103.66 5,525.10 Financial liabilities Current assets Borrowings 1,513.07 1,500.74 Inventories 68.67 51.61 Trade payables 2,678.63 4,308.14 Financial assets Other financial liabilities 8,072.37 8,953.84 Trade receivables 6,347.09 8,896.64 Other current liabilities 493.76 620.85 Cash and cash equivalents 7,697.33 7,456.90 Provisions 762.88 465.73 Bank balances other than cash and cash equivalents 840.03 140.22 Liabilities classified as held for sale 5.61 7.06 Other financial assets 274.84 252.81 Total - Current liabilities 13,526.32 15,856.36 Other current assets 97.89 124.18 TOTAL - EQUITY AND LIABILITIES 20,459.00 22,477.61 Assets classified as held for sale 29.49 30.15 Total - Current assets 15,355.34 16,952.51 MMSSTTCC LLiimmiitteedd 9 TOTAL - ASSETS 20,459.00 22,477.61 MSTC Limited Thank You Subrata Sarkar +91-033-2281-3088 www.mstcindia.co.in MSTC Limited