Hindalco Industries Limited · NSE:HINDALCO
Hindalco Industries — Q3 FY2007 Earnings Presentation
29 slides from Hindalco Industries's earnings presentation, Jan 25, 2007
Slide 1: Hindalco Industries Limited Performance Review Q3 & YTD 2006-07
Hindalco Industries Limited Performance Review Third Quarter & YTD 2006-07 Investor Presentation 25th January 2007
Slide 2: Results at a Glance: Q3 & YTD FY07
Results at a Glance : Q3 & YTD FY07 QIII QIII Ytd Dec Ytd Dec FY'06 FY'07 FY'06 FY'07 Rs. Crore Act Act Act Act Net Sales & Op. Rev. 2,873 4,656 7,739 13,564 PBDIT 629 1,104 1,848 3,212 PBIT 498 965 1,471 2,731 PBT 435 896 1,308 2,547 PAT 336 644 1,029 1,843 Growth in FY'07 (%) vs FY'06 vs FY'06 Net
Slide 3: Drivers of Performance: Q3 FY07
Drivers of Performance : Q3 FY07 Particulars Unit Q3 FY06 Q3 FY 07 Al LME $/t 2,072 2,723 Re. / $ Rs. 45.41 44.94 Basic Customs Duty (Al) % 10% 7.5% Domestic Ingot Realisation Rs/t 96,439 126,678 Std Alumina Realisation $/t 426 - Cu LME $/t 4,297 7,087 Cu Duty Differential % 5.2% 5.7% No Exports 3
Slide 4: Detailed Financial Results Q3 FY07
Detailed Financial Results Q3 FY07 (In Rs. Crores) Q3 Q3 % YTD Dec YTD Dec % FY07 FY06 Chg FY07 FY06 Chg Net Sales & Operating Revenues 4,656.2 2,872.7 62% 13,564.1 7,739.1 75% Other Income 58.4 43.3 35% 246.8 169.6 46% PBDIT 1,103.8 629.3 75% 3,211.9 1,847.9 74% Interest & Finance Charges 69.8 62.8
Slide 5: Segment Analysis
Segment Analysis Business Mix – Q3 FY07 g y Capital 51% 49% Employed Aluminium EBIT 83% 17% Copper Net Sales & Op. 39% 61% Revenue Aluminium Copper Particulars Rs Crs. Q3 FY07 Q3 FY06 % Chg Q3 FY07 Q3 FY06 % Chg Net Sales & Op. Revenues 1,796 1,563 15% 2,862 1,308 119% EBIT 755.5 542.1 39% 159.5 -84
Slide 6: Aluminium
ALUMINIUM
Slide 7: Aluminium: Production Performance – Q3 FY07
Aluminium: Production Performance – Q3 FY07 Unit Q3 FY07 Q3 FY06 % Chg Alumina MT 308,344 309,066 -0.2% Metal MT 111,871 108,947 2.7% Wire Rods MT 17,777 17,364 2.4% Rolled Products MT 58,000 49,485 17.2% Extrusions MT 10,364 8,370 23.8% Foil MT 6,235 6,644 -6.2% Alloy Wheels Nos. 51,364 49,531 3.7%
Slide 8: Aluminium: Sales Volumes
Aluminium: Sales Volumes Sales Tonnage Unit Q3 FY07 Q3 FY06 % Chg Alumina MT 56,998 101,299 -44% Primary Metal MT 30,409 37,396 -19% Wire Rod MT 17,436 17,741 -2% Rolled Products MT 43,453 39,296 11% Extrusions MT 10,161 8,499 20% Foils MT 6,664 6,765 -1% Wheels Nos 44,065 61,743 -29% 8
Slide 9: Aluminium: Sales Revenues for Q3 in Rs. Crs.
Aluminium: Sales Revenues for Q3 in Rs. Crs. Sales Revenue Unit Q3 FY07 Q3 FY06 % Chg Alumina Rs.Crs. 141 216 -35% Primary Metal Rs.Crs. 388 372 4% Wire Rod Rs.Crs. 233 182 28% Rolled Products Rs.Crs. 651 481 35% Extrusions Rs.Crs. 163 106 53% Foils Rs.Crs. 143 126 13% Wheels Rs.Crs. 10 12 -19% Othe
Slide 10: Copper
HINDALCO ANITYA BIRLA RROAUP COPPER
Slide 11: Copper: Production Performance – Q3 FY07
Copper : Production Performance – Q3 FY07 Production Unit Q3 FY07 Q3 FY06 % Chg Copper Cathodes MT 72904 44236 64.81% CC Rods MT 24669 22679 8.78% DAP/NPK MT 39757 37449 6.16% Sulphuric Acid MT 190493 130399 46.08% Gold Kg 3180 1922 65.47% Silver Kg 10381 9091 14.19% 11
Slide 12: Copper: Sales Revenues for Q3 - Rs. Crs.
Copper: Sales Revenues for Q3 - Rs. Crs. Product Q3 FY 07 Q3 FY 06 % Chg Copper Cathodes 1564.76 551.60 183.68% CC Rods 927.88 553.20 67.73% DAP/NPK 56.55 58.03 -2.55% Sulphuric Acid 13.57 8.76 54.86% Gold 275.92 121.45 127.18% Silver 16.44 10.07 63.26% Others 7.06 5.20 35.68% Total Sales 2862.18 13
Slide 13: Copper: Sales Volumes
Copper: Sales Volumes Sales Volumes Unit Q3 FY07 Q3 FY06 % Chg Copper Cathodes & Others MT 50391 28515 76.72% CC Rods MT 25209 22961 9.79% DAP/NPK MT 37181 42907 -13.34% Sulphuric Acid MT 153731 47356 224.63% Gold Kg 3060 1781 71.82% Silver Kg 8896 8909 -0.14% 13
Slide 14: Projects
HINDALCO Projects
Slide 15: Aluminium: Hirakud Smelter
Aluminium: Hirakud Smelter Expansion of Aluminium capacity from 65KTPA to 143KTPA Commissioning of Phase I (65KTPA to 100 KTPA) completed. All 150 pots energized. Oct- Dec’06 Production at 2613 Mt. New Pre-baked pots fully operational Phase II full commissioning on schedule (by end of Marc
Slide 16: Aluminium: Hirakud Power
Aluminium: Hirakud Power Expansion of Power capacity from 167.5 MW to 367.5 MW in two phases of 100 MW each. Phase 1 Expansion from 167.5 MW to 267.5 MW already commissioned. Phase II Commissioning as per target by Dec’07. Chimney casting in progress All major packages including cooling towe
Slide 17: Alumina: Utkal
Alumina: Utkal Greenfield Alumina project with refining capacity of 1,500 KTPA. Technology supply agreement signed with Alcan in July. Project kicked off on 28th July Detailed Engineering commenced . Land acquisition completed. Rehabilitation and resettlement of displaced persons: First ph
Slide 18: Aditya Alumina & Aluminium - Orissa
Aditya Alumina & Aluminium - Orissa Integrated greenfield project in Orissa with 1,500 KTPA refinery, 325 KTPA smelter and 750 MW power plant with captive coal mine. Approval obtained for SEZ status. Land acquisition is in progress, to be completed by June’07 Total land acquisition in progre
Slide 19: Aluminium: Bargawan - MP
Aluminium: Bargawan - MP 325 KTPA Aluminium Smelter, 750 MW Captive Power Plant supported by 3.5 million TPA Captive Coal Mine. MOU signed with the State Govt. in May’06. Investment – Rs.7,700 Crores Approval obtained for SEZ status. Coal Mine: Coal Block allotted to JV entity– Mahan Coa
Slide 20: Aluminium: Latehar - Jharkhand
Aluminium: Latehar - Jharkhand 325 KTPA Aluminium Smelter, 750 MW Captive Power Plant supported by 5 million TPA Captive Coal Mine in Jharkhand. Investment – Rs.7,800 Crores MOU signed with the Government of Jharkhand in March 2005. Allotment of coal block awaited as per the terms of the MoU
Slide 21: Alumina: Muri
Alumina: Muri Brownfield expansion of Alumina Refining capacity from 110 KTPA to 450 KTPA. Civil & Structural work substantially complete, equipment erection in advanced stage. 100% of spending committed. Erection of all static equipments and ducts in calcination area completed High rate Dec
Slide 22: www.hindalco.com
HINDALCO HIN DALCO ADITYA BIRLA GROUP www.hindalco.com
Slide 23: Unaudited Financial Results for the Quarter Ended 31st December 2006
HINDALCO INDUSTRIES LIMITED Regd. Office: "Century Bhavan",3rd Floor, Dr. Annie Besant Road, Worli, Mumbai-400 025 UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 31ST DECEMBER, 2006 (Rupees in Million) Quarter Quarter Nine months Nine months Year ended ended ended ended ended Particulars 31/12/20
Slide 24: Segment-wise Revenue, Results and Capital Employed
HINDALCO INDUSTRIES LIMITED Regd. Office: "Century Bhavan",3rd Floor, Dr. Annie Besant Road, Worli, Mumbai-400 025 SEGMENT-WISE REVENUE, RESULTS AND CAPITAL EMPLOYED UNDER CLAUSE 41 OF THE LISTING AGREEMENT (Rupees in Million) Quarter Quarter Nine months Nine months Year ended ended ended ended ende
Slide 25: Notes to Financial Results
HINDALCO INDUSTRIES LIMITED Regd. Office: “Century Bhavan”, 3 rd Floor, Dr. Annie Besant Road, Worli, Mumbai-400 030 Notes: 1. Accounting Standard 15 (revised 2005) on “Employee Benefits” became effective on 1st April, 2006. In accordance with the provisions of the Standard, the Company has made an
Slide 26: Press Release: Hindalco posts record results for the third quarter
PRESS RELEASE Date: 25.01.2007 Q3 FY 2006-07 HINDALCO INDUSTRIES LTD. Hindalco posts record results for the third quarter. Continuing growth in Revenue : 62 % YoY EBIDTA soars by 76 % to Rs. 1103.8 Crores Net profit at Rs. 643.9 Crores, up 92 % YoY Financial Highlights Quarter Quarter Change Nine Ni
Slide 27: Press Release: Q3 FY07 Results
January 25, 2007 Press Release: Q3 FY07 Results Hindalco Industries Limited Hindalco Industries Ltd, the flagship Company of the Aditya Birla Group, has reported a sterling performance for the Quarter ending December’06. Its net sales at Rs. 4656.2 crores is up by 62% over Q3 of FY06 at Rs 2872.7 cr
Slide 28: Press Release: Copper and Expansion Projects
January 25, 2007 Press Release: Q3 FY07 Results Hindalco Industries Limited Copper The production of Copper cathodes went up by 65% to 72,904 T, vis-a-vis Q3 of the previous year. The performance of the third smelter at Dahej was very good as it operated at rated capacity after November 2006. Howeve
Slide 29: Press Release: Lathehar and Industry Outlook
January 25, 2007 Press Release: Q3 FY07 Results Hindalco Industries Limited Lathehar For this project entailing the setting up a 325 KTPA Aluminium Smelter with 750 MW Captive Power Plant, supported by a 5 million TPA Captive Coal Mine in Jharkhand, an MOU was signed in March 2005 with the Governmen
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