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Corporate Presentation
June, 2021
GROWTH CHART – CAPACITY & PRODUCTION – JKLCMn. MT.
Clinker Capacity
Cement Capacity
Production
JKLC CAGR during FY’15 to FY’19 – 14%
*After considering 1.60 Mn. MT of Udaipur Cement Works Ltd., a 73% subsidiary of JK Lakshmi Cement Ltd.
2018
6.60
10.90
As on 31st March 2020
6.60
10.90
PRODUCTION (Lac. MT.) SALES (Lac. MT)
3 Months Ended
31.03.2021 31.03.2020
29.04 24.65
18%
8.05 9.31
3 Months Ended
31.03.2021 31.03.2020
27.07 23.45
15%
11.70
8.51
2019
8.50
14.00
Consolidated*
2021
7.00
12 Months Ended
31.03.2021 31.03.2020
90.72 85.11
7%
12 Months Ended
31.03.2021 31.03.2020
98.89 91.82
8%
1
10.52
2021
11.80
9.07
7.00
Cement Business at Glance
2
Location : Jaykaypuram, Basantgarh (Sirohi), Rajasthan.
: Durg, Chhattisgarh.
: Kalol/Surat, Gujarat & Jhajjar, Haryana – Grinding Units (GU).
: Cuttak (Odisha) (GU).
Cement Capacity (Mn.MT) North East Total
Integrated Cement Plant - 4.75 2.70 7.45
Grinding Unit at Kalol - 0.90 - 0.90
Grinding Units at Jhajjar - 1.30 - 1.30
Grinding Units at Surat - 1.35 - 1.35
Grinding Unit at Odisha - - 0.80 0.80
Total - 8.30 3.50 11.80
UCWL - - - 2.20
Total Capacity - 14.00
Power Capacity (MW) North East UCWL Total
- WHR - 15 8 6 29
- TPP - 54 20 - 74
- Total - 69 28 6 103
Solar Power Plant (MW) - 14 5 8 27
Jaykaypuram
Durg
Kalol(Grinding Unit)
Jharli(Grinding Unit
& AAC Block)
Mother Plants – Cement (Clinker) - Mn.MT
Surat(Grinding Unit)
1.30
4.75 (5.00)
0.90
1.352.70 (2.00)
Odisha(Grinding Unit)
0.80
2.20 (1.50)
UCWL
3
Capacity (Mn. MT) Capacity (Mn. MT)
Zone Cement Clinker
JKLC
North 8.30 5.00
East 3.50 2.00
Sub-Total 11.80 7.00
UCWL 2.20 1.50
Total 14.00 8.50
Region-wise Cement Sales - Sirohi
4
Regions 2016-17 (12M) 2017-18 (12M) 2018-19 (12M) 2019-20 (12M) 2020-21 (12M)
% sales % sales % sales % sales % sales
Rajasthan / MP 26 26 28 35 38
Gujarat 34 35 41 38 37
North 40 39 31 27 25
Region-wise Cement Sales - Durg
5
Regions 2016-17 (12M) 2017-18 (12M) 2018-19 (12M) 2019-20 (12M) 2020-21 (12M)
% sales % sales % sales % sales % sales
Chhattisgarh 54 56 54 50 42
Odisha 17 17 19 22 25
Madhya Pradesh 9 9 10 11 13
Maharashtra 10 8 8 8 9
Others 10 10 9 9 11
Financial Highlights – For 3 Months ended 31.03.2021
6
Sr. Particulars Unit For the IVth Qtr. ended For Twelve Months ended
No. 31.03.21 31.03.20
Total Total Figures %
1 Net Sales Rs. Cr. 1322 1061 261 25%
2 PBIDT (after other Income) Rs. Cr. 295 225 71 31%
3 PBDT Rs. Cr. 265 182 83 46%
4 PBT (before exceptional items) Rs. Cr. 217 131 86 66%
5 PBT (after exceptional items) Rs. Cr. 187 131 55 42%
6 PAT Rs. Cr. 137 101 36 35%
7 Total CI after Tax Rs. Cr. 138 101 37 37%
8 OPM (On Net Sales) % 20% 19% 1%
Incr. / Decr. (-) in
Financial Highlights – For 12 Months ended 31.03.2021
7
Sr. Particulars Unit For Twelve Months ended
No. 31.03.21 31.03.20
Total Total Figures %
1 Net Sales Rs. Cr. 4385 4044 341 8%
2 PBIDT (after other Income) Rs. Cr. 864 722 142 20%
3 PBDT Rs. Cr. 722 558 164 29%
4 PBT (before exceptional items) Rs. Cr. 528 370 158 0%
5 PBT (after exceptional items) Rs. Cr. 497 339 157 46%
6 PAT Rs. Cr. 364 235 129 55%
7 Total CI after Tax Rs. Cr. 366 236 130 55%
8 OPM (On Net Sales) % 18% 17% 1%
Incr. / Decr. (-) in
Standalone Balance Sheet as at 31.03.2021
8
Sl. As at As at
No. 31.03.2020 30.03.2021
A ASSETS
(1) Non-current Assets
(a) Net Fixed Assets 2956 2889
(b) Investments 367 383
(c) Other Non-Current Assets 100 86
3423 3358
(2) Current Assets
(a) Current Assets 679 577
(b) Cash and Cash Equivalent 448 726
1127 1303
TOTAL ASSETS 4550 4661
B EQUITY AND LIABILITIES
(1) EQUITY (NET WORTH) 1713 2079
(2) LIABILITIES
(I) Borrowings
(a) - Long Term 1330 1060
(b) - Short Term 136 65
- Total 1467 1125
(II) Other Liabilities 1370 1457
TOTAL EQUITY AND LIABILITIES 4550 4661
Particulars
Consolidated Balance Sheet as at 31.03.2021
9
Sl. As at As at
No. 31.03.2020 31.03.2021
A ASSETS
(1) Non-current Assets
(a) Net Fixed Assets 3752 3701
(b) Investments 14 15
(c) Other Non-Current Assets 141 88
3907 3804
(2) Current Assets
(a) Current Assets 780 649
(b) Cash and Cash Eqivalent 476 833
1256 1482
TOTAL ASSETS 5163 5286
B EQUITY AND LIABILITIES
(1) EQUITY (NET WORTH) 1684 2107
(2) LIABILITIES
(I) Borrowings
(a) - Long Term 1851 1589
(b) - Short Term 136 65
- Total 1987 1654
(II) Other Liabilities 1492 1525
TOTAL EQUITY AND LIABILITIES 5163 5286
Particulars
Gross and Net Debt - Standalone
10
16131467
11251232
1018
398
31.03.2019 31.03.2020 31.03.2021
Gross and Net Debt (Rs. in Crore)
Gross Debt Net Debt
Debt : Equity Ratio - Standalone
11
1.571.39
1.060.86
0.54
1.201.08
0.810.59
0.19
31.03.2017 31.03.2018 31.03.2019 31.03.2020 31.03.2021
Debt : Equity and Net Debt : Equity
Debt : Equity Net Debt : Equity
Gross and Net Debt - Consolidated
12
21351987
165317491511
820
31.03.2019 31.03.2020 31.03.2021
Gross and Net Debt (Rs. in Crore)
Gross Debt Net Debt
Debt : Equity Ratio - Consolidated
13
1.921.76
1.441.18
0.79
1.54 1.431.18
0.90
0.39
31.03.2017 31.03.2018 31.03.2019 31.03.2020 31.03.2021
Debt : Equity and Net Debt : Equity
Debt : Equity Net Debt : Equity
Debt to EBIDTA - Standalone
14
4.99
4.21
3.42
2.03
1.30
3.82
3.27
2.61
1.41
0.46
31.03.2017 31.03.2018 31.03.2019 31.03.2020 31.03.2021
Gross Debt to EBIDTA and Net Debt to EBIDTA
Gross Debt : EBIDTA Net Debt : EBIDTA
Debt to EBIDTA - Consolidated
15
5.435.09
4.19
2.35
1.63
4.354.14
3.44
1.79
0.81
31.03.2017 31.03.2018 31.03.2019 31.03.2020 31.03.2021
Gross Debt to EBIDTA and Net Debt to EBIDTA
Gross Debt : EBIDTA Net Debt : EBIDTA
Efficiency Parameters – Power Consumption
16
75
73
71
69 6970
60
62
64
66
68
70
72
74
76
2015-16 2016-17 2017-18 2018-19 2019-20 2020-21
Power Consumption (Kwh/MT of Cement)
Efficiency Parameters – Fuel Consumption
17
703 701 700 701 701 701
650
660
670
680
690
700
710
720
730
740
750
2015-16 2016-17 2017-18 2018-19 2019-20 2020-21
Fuel Consumption (K.Cal./Kg of Clinker)
Proposed 10 MW WHR at Sirohi +
CAPEX for Meeting Environment Norms
18
Sl. Amount USD Million
No. (Rs. Crore) (USD : INR 70)
1 Capacity of the Plant 10 MW
Cost of the Project
- Waste Heat Recovery Power Plant 162
– Capex for Meeting NOX & SOX 78
Norms / Normal Capex
Total (2) 240 34.29
3 Means of Financing :
a) ECB of USD 25 Million 175 25.00
b) Internal Accruals 65 9.29
Total (3) 240 34.29
4 Debt Equity Ratio (Times)
5 Commissioning of the Project
ECB of USD 25 Million (approx. Rs.175 Crore) tied up with SBI
Particulars
2
2.69 : 1
December 2021
6 Expenditure incurred upto Mar'21 122
CAPEX for 2.50 Mn. Ton Expansion Project at UCWL
19
Sl No. Particulars Rs. Cr.
1 - Capacity - Clinker (Mn. Ton) 1.50
- Capacity - Cement (Mn. Ton) 2.50
2 Project Cost 1,400
3 Term Loans / ECB 1,000
4 Promoters Contribution 400
5 Debt : Equity Ratio 2.50
6 Expected Commissioning 3 Years
Shareholding Pattern of JKLC as on 31st March,2021
20
I Promoters & Promoter Group 46.21%
II FIIs,MFs,Banks etc. 36.89%
III Public 16.90%
Total 100.00%
I Total Share Capital (Rs. Cr.) 58.85
II Total No. of Shares (Cr.)
(Face Value Rs. 5/- each) 11.77
Consistent Dividend Payout Ratio
12% for FY 2021.
15% for FY 2020.
13% for FY 2019.
13% for FY 2018.
13% for FY 2017.
56% for FY 2016.
30% for FY 2015.
30% for FY 2014.
20% for FY 2013.
25% for FY 2012.
23% Average for last 10 Years
Shareholder’s friendly Initiatives
21
Awards Received by JK Lakshmi Cement in the year 2020-21
Dream Companies To Work For” (Sector –
Cement, 2021) by Times Ascent
Recognized as one of the “25 Coolest
Workplace” by Business Today
"Best Employer Award 2019”
By Employer Association of Rajasthan
Best Energy
Efficient Plant
Coal-CPP by
Mission Energy
Foundation
National Award for Excellence in
Water Management 2020 by CII
Runner up in Best
Energy Efficient Unit by
CII
22
CSR Activities FY 2020-21
23
Covid-19 Relief:- About 3500 Food Kits distributed to Vulnerable Families
through Panchayat/ District Administration -About 25000 people
benefitted from this initiative.
• Jaykaypuram - 2300
• Surat- 600 to Migrant Workers
• Kalol - 400
• Jhajjar - 200
24
Covid-19 : Distributed 55,000 Cotton Masks
Covid -19 Awareness Program -
Approx. 1.0 lakh people benefitted
Empowering women – Skilling for Income Generation
• 130 Women provided sewing machines at
Jhajjar.
• 165 women completed tailoring training-
Jaykaypuram-35; Kalol-70; Durg-60
• 10 women in Phenyl making at Durg
• Beauty parlour training at Jaykaypuram-
16 women
25
Despite Pandemic Restrictions provided training to 321 women/ girls.
Livelihoods - Supporting Small Business for Income Generation
Financial Support (6000-10,000 INR) provided to 27 families under
“Street Vendors Livelihood Restoration” in partnership with DALSA (District Legal Authority); District Child Protection Office
(DCPO) and Jhajjar Jail at Jhajjar, Haryana by Jharli Unit.
Monthly Income of about 12,000-
18,000 INR
26
• 80 marginal farmersprovided vegetableseeds
• 03 Trainings (each of03 days) for 78farmers on improvedagriculture & vermi-composting
27
Lakshmi Integrated Agriculture & Livestock Project - Jaykaypuram
•To reduce mortality rateof livestock from currentlevel of 33%• To increase cattlevaccination• Awareness building onRearing & FeedingpracticesAccomplishments :-❖ 05 vaccination Camps -
685 cattle❖ 18 Awareness camps~
160 beneficiaries
Filling Health Service Gaps through Providing Medical Services to Most Needy
• 307 Medical Camps organizedbenefitting about 13,000patients / people. Free of costmedicines and treatment (Durg& Jaykaypuram).
• About 2000 Sanitary Padsdistributed during Lockdownwhen non-availability was anissue.
• Multi Drug Resistant-TB patients –234 Food kits provided as perWHO Standards ( Kalol & Surat).
• Support to DistrictAdministration, Durg forUpgradation of Covid-19 Hospitalat Bhilai.
28
Saving Mothers & Infants – Naya Savera Project at Jaykaypuram; Sirohi
29
Naya Savera Team
conducted 7,200 Household
Visits & 100 Awareness
Meetings across 80
Hamlets
• No of Pregnant Mothers –
1413
• New-born Babies- 1187
• Referred 258 severely
anemic pregnant mothers
for Iron Sucrose drip to
Govt Hospital
Naya Savera Project started at Durg
Major Water Projects at Durg
Domestic water tank installation
Community water project through connecting pond to mining pit- About 500 families will benefit vide
Fishing & Irrigation
21
30
31
Education – Ease of Learning through facilities improvement at Govt Schools
• Jaykaypuram -Provided schoolclassroom furniture to 12 Govtschools benefitting 2442students. 12 out of 18 schoolsin nearby 10 Panchayats have100% furniture.
• Number of schools supportedfor infrastructure improvement– Boundary wall; Playgroundlevelling ; Toilets; HandwashingStations; Storage bin for Midday meal grains & others.
• Continued support to SaveraSchool for MR children at Jhajjar.50 children benefitted.
Water stand at 15 Govt. Schools
Benefitting 6341 students at
Jaykaypuram
32
Multiple Direct Education Intervention to fill gaps
• Durg – 40 students ( Std 9-12) were enrolled
in Dell Foundation ASHA Topper Online Cum
Scholarship Education Program. 30 of them
have appeared for scholarship (@ 10,000)
exam in March 2021.
• 50 children enrolled in school at
Jaykaypuram.
• 51 girls enrolled into National Institute for
Open School ( NIOS) for Std 10 & 12 at Surat
& Kalol.
• Cuttack- 137 Students from Std IX & X
provided Books & Test Papers.
• Durg -16 students completed 03 months of
Computer Training
• Others - Tuition Classes; Online Classes;
library and others.
More than 394 students benefited with direct education support
JK Lakshmi Vidya Scholarship for Masons & Contractors Children
33
• Total 200 students from Haryana and Odisha received scholarship worth Rs. 10 Lakh.
• Project launched in Chhattisgarh (6 districts) and Odisha with Buddy4Study
• About 650 Students ( above Std IX) will be covered.
• Total Scholarship committed ~ 35 Lakh
Project to be completed by July/ August 2021
Way Forward
Commissioning of Cement Mill - III at UCWL Plant to increase itsCapacity from 1.60 Mn.Ton to 2.20 Mn. Ton. in Apr’2021.
Commissioning of WHR Plant of 10 MW at Sirohi by December2021 will further improve Power Cost and efficiency.
Project for Capacity Expansion of 2.50 Mn. Ton at UCWL alreadyannounced.
Putting up Solar Power Plants at Sirohi and Durg for further PowerCost reduction.
Logistic Optimization with Group Company UCWL.
% of Premium Products continuously increase.
Reduction in Borrowing Cost on LT Loans through annual resetting.
Pro+ Cement sale to increase in Northern Markets too.
34
Way Forward
Introduction of New Brand Super SIXER.
The Company has deep penetration in rural markets.
Short Term rating continues at A1+ (highest possible rating) (CRISIL & CARE).
Long Term rating is ‘AA-’.
Efficiency Parameters amongst best in Industry.
One of the Least Cost Producer of Cement in Industry.
Key Financial Ratios well within accepted Norms.
Has Become a PAN India Player (Barring South) with a Capacity of 14 Mn. MT.
35
Thank You