Tata Steel Limited · NSE:TATASTEEL
Tata Steel — Q1 FY2012 Earnings Presentation
11 slides from Tata Steel's earnings presentation, Aug 12, 2011
Slide 1: Consolidated Financial Results First Quarter Ended 30th June 2011
August 12, 2011 Consolidated Financial Results First Quarter Ended 30th June 2011 Analyst Presentation
Slide 2: Tata Steel Group – Safety Performance
Tata Steel Group – Safety Performance Lost Time Injury Frequency (LTIF) 3.5 3 tragic fatalities Q1 in FY12 3.06 3 2.5 2.35 2.1 Focused work on fatality risk potential and 2 ensuring controls in place at all times 1.5 1.31 0.95 1 0.78 0.60 Lost time injury frequency rate of 0.60 in 0.5 Q1 FY12 repres
Slide 3: Group Financial Highlights
Group Financial Highlights Deliveries (Mn T) Turnover (US$ Mn) EBITDA (US$ Mn) & EBITDA Margin (%) PAT (US$ Mn) EBITDA Margin 3 Conversion Rate USDINR – 44.695 ; * PAT after Minority Interest and Share of Associates
Slide 4: Group Financial Performance – Q1 FY12
Group Financial Performance – Q1 FY12 Figures in US $ Mn unless specified Q1 FY12 Q1 FY11 Tata Steel Tata Steel SE Tata Steel Tata Steel India Europe Asia Group (*) Group (*) Deliveries (Mn T) 1.6 3.5 0.8 6.1 5.9 Turnover 1,759 4,594 746 7,383 6,084 EBITDA 818 427 20 1,870 1,013 EBITDA Margin (%) 47
Slide 5: Tata Steel Group's – EBITDA Analysis Q1 FY12
Tata Steel Group’s – EBITDA Analysis Q1 FY12 Figures in US $ Mn unless specified Tata Tata Tata Tata Steel Steel Steel SE Steel India Europe Asia Group Reported EBITDA 818 427 20 1,870 Less: Profit on stake sale of Tata Refractories Ltd 114 - - 114 Less: TCP final settlement credit - 153 - 153 Less:
Slide 6: Quarterly Trends – European Operations
Quarterly Trends – European Operations Average Selling Prices US$ US$ Raw Materials Costs Per Tonne 1,400 600 1,212 512 1,200 1,091 500 482 11% 6% 1,000 400 800 300 600 200 400 200 100 - 0 Q4 FY11 Q1 FY12 Q4 FY11 Q1 FY12 US$ Mn/ Deliveries Mn T EBITDA US$ 4.5 4.0 450 427 90 4.0 3.5 13% 400 80 3.5 34
Slide 7: Group Liquidity Position
Group Liquidity Position Debt Movement (US$ Mn) 13,576 13,639 9,134 8,458 • S&P upgraded Tata Steel Ltd (4,505) (676) Corporate Rating to BB from BB- with Gross Debt - Gross Debt - Cash & Cash Net Debt - Forward Underlying Stable outlook Mar'11 Jun'11 Equivalents Jun'11 Cover Net Debt - Jun'11 Liqui
Slide 8: Odisha Project – Activity continues to progress at site
Odisha Project – Activity continues to progress at site Raft casting preparation in BF proper area in progress Concreting work in Dedusting Stack in progress Cable tunnel Construction of water reservoir completed 8
Slide 9: Mozambique Coal Project
Mozambique Coal Project Berth reconstruction of TCC8 at Beira Port Rail Track: Construction is in progress at Terrace Rail wagon unloading line of TCC8 at Beira Port Riversdale loco leaving for 1st batch shipment 9
Slide 10: Business Outlook
Business Outlook Uncertainty with regard to the global economy has risen, following US downgrade and European sovereign debt issues Growth sentiment in key emerging markets is expected to remain muted in the near- term. Policy experimentation on monetary policy is likely to continue Europe is
Slide 11: Thank You
qe TATA Thank You TATA STEEL