Presentation (Company Update)

JJindal Stainless ((Hisar)) Limited
January 28, 2016
Disclaimer
This presentation and the accompanying slides (the Presentation), which has been prepared by Jindal Stainless (Hisar) Limited (the "Company"), has been
prepared purely for information purposes only and is not, and is not intended to be, an offer, or solicitation of offer, or invitation or recommendation or
advise to buy or sell or deal with any securities of the Company, and shall not constitute an offer, solicitation or invitation or recommendation or advise to buy
or sell or deal with any securities of the Company in any jurisdiction in which such offer, solicitation or invitation or recommendation or advise is unlawful or
in contravention of applicable laws. No part, or all, of this Presentation shall be used or form the basis of, or be relied on or referred to in connection with, any
contract or investment decision in relation to any securities of the Company.
Company This Presentation is strictly informative and relating to the financial conditions,
conditions
internal functioning, day to day operations, future events and projections etc. of the Company and this presentation shall not be used or relied upon or
referred to in whole or in part, for any purpose whatsoever. The information in this Presentation is being provided by the Company and is subject to change
without any notice or liability. 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,
veracity, fairness, integrity, sufficiency and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and exhaustive 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. This Presentation contains statements about future events and expectations that are forward-looking statements. These statements
typically contain words such as "expects" and "anticipates" and words of similar import. Any statement in this Presentation that is not a statement of historical
fact is a forward-looking statement that involves known and unknown risks, uncertainties, contingencies and other factors which may cause our actual results,
performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking
statements. None of the future projections, expectations, estimates or prospects in this Presentation should be taken as forecasts or promises nor should they
be taken as implying any indication, assurance or guarantee that the assumptions on which such future projections, expectations, estimates or prospects have
been prepared are correct or exhaustive or, in the case of the assumptions, fully stated in the Presentation. The Company assumes no obligations or
responsibility to update the forward-looking statements contained herein to reflect actual results, changes in assumptions or changes in factors affecting these
statements. You unconditionally and irrevocable acknowledge and undertake that you will be solely responsible for your own assessment of the market, the
market position, the business and financial condition of the Company and that you will conduct your own analysis and be solely responsible for forming your
own view
i
off the
th potential
t ti l future
f t
performance
f
off the
th business
b i
off the
th Company.
C
All the
th risks,
i k liabilities
li biliti or consequences arising
i i outt off or consequentt to
t the
th use
of or reliance on or reference to this Presentation and/or acting on the basis of the analysis/views formed by you, shall be solely borne by you. This
Presentation speaks as of the date mentioned herein. Neither the delivery of this Presentation nor any further discussions of the Company with any of the
recipients shall, under any circumstances, create any implication that there has been no change in the affairs of the Company since that date. This Presentation
is not being made and will not be made directly or indirectly in or into, or by use of the mails of, or by any means or instrumentality of interstate or foreign
commerce of, or any
y facilities of a national securities exchange
g of, the United States. This includes, but is not limited to, facsimile transmission, electronic mail,
telex, telephone and the Internet. Neither this Presentation nor any copy of this Presentation is being, and must not be taken or transmitted into the United
States or distributed, directly or indirectly, in the United States. This Presentation is not an offer for sale within the United States of any equity shares or other
securities of the Company. No securities may be offered or sold in the United States absent registration or an exemption from registration under the U.S.
Securities Act of 1933, as amended. The Company does not intend to register any of its securities for offer or sale in the United States or elsewhere, or to
conduct a public offering of securities in the United States or elsewhere. The distribution of this Presentation in certain jurisdictions may be restricted by law
and persons into whose possession this Presentation comes should inform themselves about and observe any such restrictions and the Company shall not be
responsible for any consequences or liabilities arising from such distribution/noncompliance.
C
Company
O
Overview
i
Jindal Stainless (Hisar) Limited

Hisar Facility is the oldest facility of Jindal group;
Contributed towards market leadership for Jindal Stainless;
Wide range of products (slabs, hot rolled coils, cold rolled coils and special products coin
blank, blade steel, precision strip etc.)
One of the largest blade steel suppliers globally
Only speciality stainless products plant

Plant is approved by Auto majors, Railways, Govt. Mints
Strong focus on R&D for new applications (Metro coach, Rail Coach and nuclear power
etc)and process improvement
First in popularizing the 200 series throughout the world
Productivity perhaps one of the best in Indian industry
Caters to diversified market (from patta to nuclear plants); no single customer with over 5% of
sales
Projects in pipeline to add cold rolling & special products capacities leading to further value
addition
4
JSHL - Capacities
Stainless Steel Melting (MT)
90%
90%
90%
2011
723,418
719,353
Capacity Utilization
90%
87%
721,397
701,814
693,040
Till 2011
FY 2011
FY 2012
FY 2013
Hisar Plant Facilities

SMS
HR-Steckel
HR - Tandem Strip Mill
Plate
Cold Rolling
Special Products
Coin Blanking
Saleable Capacity
FY 2014
FY 2015
Capacities
Tons/annum
800,000
720,000
,
250,000
48,000
275,000
25 000
25,000
10,000
740,000
JSHL Extensive Reach to Customers

Reaching End Users
Jindal Stainless Steelways Ltd
JSL Architecture Ltd*
JSL Lifestyle Ltd*
Stainless Steel Service Center
Fabrication & Designing
Lifestyle Products
Customized stainless steel

products for various
applications
Fabricator for architectural

building and construction
segment
Manufacturer of lifestyle
products and accessories
under brand name Artdnox
*Pursuant to the court order dated December 11, 2015

2015, JSL Architecture limited amalgamated with JSL lifestyle Limited
through a Scheme of Amalgamation
6
Distribution Network
Sales Office
Germany
Service Centre
Russia
Belgium
Poland
USA
Spain
Italy
Turkey
China S. Korea
Dubai
Thailand
Vietnam
2011
Brazil
Chandigarh
Ludhiana
Hisar
Gurgaon
Widely Spread distribution

Network
Jodhpur
Ahmedabad
Surat
Vadodra
Mumbai
Pune
Kolkata
High End Fabrication

Architecture Division
Jajpur
Bhubneshwar
6 Domestic Service Centers
Hyderabad
Bangalore
Chennai
C i b t
Coimbatore
International
Service Center in Spain
Stock Yards/Sales offices
Service centres
To reach end customer

7
JSHL- Share of Market

FY14-15
9M FY 15-16
31%
30%
70%
JSHL
JSHL
Others
Others
69%
Management estimates of domestic market share is excluding Hollowware and Special Product Domestic market segments
JSHL- Strategy
To take production from the current estimated level of
670,000 TPA to over 720,000 TPA;
To increase the proportion of value added/super high
EBITDA products from about 3% to 4%;
To increase the share of cold rolling value added product
from the current level of about 35% to over 50%;
Focus on p
product development
p
leveraging the R&D capabilities;
Increase in
I
i
Di ib i
Distribution
warehouses; and
&
penetration
i
new
application
pp
through
h
h
Increased distribution network at Tier II cities.

9
own
JSHL- Product Shift
Products (Qty in MT) FY 14-15

Cold Rolled
265,000
Blade Steel
13,000
Precision
8,500
Flat
210,000
FY15-16
275,000
12,700
11,000
190,000
FY16-17
312,000
14,000
12,000
175,000
FY17-18
350,000
14,500
12,000
150,000
FY18-19
395,000
14,500
12,000
100,000
The above numbers are management estimates and are rounded off
10
Financial Performance (JSHL Recasted)

Figures in Rs. Crore
Particulars
12 Months
FY
2014-15
Half Yearly
2015-16
Gross Sales
8,124
3,787
Total Revenue (net)
7,401
3,446
EBIDTA
713
416
Non- operating other income

Interest
Profit before depreciation
Depreciation
Exceptional Gain / (Loss)
Profit before tax
23
447
288
292
16
12
14
256
174
147
(23)
4
9 6%
9.6%
12 1%
12.1%
EBIDTA / Revenue (%)
11
JSHL- Conclusion
JSHLs Hisar plant has been a steady performer over past
20 years;
With de-merger from JSL, future performance also
promises to be g
p
good;;
Steps have been taken to enter new areas such as defence,
atomic energy, railways
l
coaches,
h wagons etc;
High specialized products such as coin blank,
blank precision
strips, blade steel give high EBITDA margins; and
With shift in product mix towards cold rolling and value
added products, company is targeting to achieve the CAGR
h top line
li between
b
off the
15% to 20% per year
12
Thank You
13

Presentation (Company Update)

Uploaded by

Copyright:

Available Formats

Presentation (Company Update)

Uploaded by

Document Information

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Presentation (Company Update)

Uploaded by

Copyright:

Available Formats

JJindal Stainless ((Hisar)) Limited

January 28, 2016

Jindal Stainless (Hisar) Limited

One of the largest blade steel suppliers globally

Only speciality stainless products plant

Hisar Plant Facilities

JSHL Extensive Reach to Customers

Jindal Stainless Steelways Ltd

JSL Architecture Ltd*

JSL Lifestyle Ltd*

Stainless Steel Service Center

Fabrication & Designing

Customized stainless steel

Fabricator for architectural

*Pursuant to the court order dated December 11, 2015

Widely Spread distribution

High End Fabrication

6 Domestic Service Centers

To reach end customer

JSHL- Share of Market

Increased distribution network at Tier II cities.

JSHL- Product Shift

Products (Qty in MT) FY 14-15

Financial Performance (JSHL Recasted)

Total Revenue (net)

Non- operating other income

EBIDTA / Revenue (%)

You might also like