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December 8, 2016

The BSE Ltd.


Phiroze Jeejeebhoy Towers,
Dalal Street,
Mumbai 400001
Phones: 022 - 2272 3121, 2037, 2041
Fax: 91-22-22721919
corp.relations@bseindia.com
Security Code No. : 532286
Sub:

The National Stock Exchange of India Ltd.


Exchange Plaza, 5th Floor, C-1, Block G
Bandra Kurla Complex, Bandra (E),
Mumbai 400051
Phones: 022 - 2659 8237, 8238, 8347, 8348
Fax No: (022) 26598120
cmlist@nse.co.in
Security Code No. : JINDALSTEL

Intimation under Regulation 30(6) of the SEBI (Listing Obligations and


Disclosures Requirements), Regulations, 2015 Institutional Investor/
Analysts Meetings / Call

Dear Sir(s),
This is to inform you that, in terms of Regulation 30 (6) of the Securities and Exchange
Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the
Company will hold an Earnings Release Conference Call with investors on Friday
December 9, 2016 to discuss the financial performance of the Company in Q2 of FY16 17.
Also, please find enclosed the investors presentation on industry update & key performance
highlights.
Submitted for your kind information and records please.
Thanking You.
Yours faithfully,
For Jindal Steel & Power Limited
MM Purohit
Company Secretary

Jindal Steel & Power Limited


Corporate Office Jindal Centre, 12 Bhikaiji Cama Place, New Delhi 110 066 CIN: L27105HR1979PLC009913
T +91 11 4146 2000 F +91 11 2616 1271 W www.jindalsteelpower.com, E: jsplinfo@jindalsteel.com
Registered Office O. P. Jindal Marg, Hisar, 125 005, Haryana

Q2 FY17
Industry Update &
Key Performance
Highlights
8th December,
2016

DISCLAIMER
This presentation may contain certain forward looking statements concerning JSPLs
future business prospects and business profitability, which are subject to a number of
risks and uncertainties and the actual results could materially differ from those in such
forward looking statements.
The risks and uncertainties relating to these statements include, but are not limited to,
risks and uncertainties regarding fluctuations in earnings, our ability to manage growth,
competition (both domestic and international), economic growth in India and the target
countries for exports, ability to attract and retain highly skilled professionals, time and
cost over runs on contracts, our ability to manage our international operations,
government policies and actions with respect to investments, fiscal deficits, regulations,
etc., interest and other fiscal costs generally prevailing in the economy. Past performance
may not be indicative of future performance. We do not undertake to update our
forward-looking statements.
This presentation is not intended, and does not, constitute or form part of any offer,
invitation or the solicitation of an offer to purchase, otherwise acquire, subscribe for, sell
or otherwise dispose of, any securities in JSPL or any of its subsidiary undertakings or
any other invitation or inducement to engage in investment activities, neither shall this
presentation nor the fact of its distribution form the basis of, or be relied on in
connection with, any contract or investment decision. Few numbers in this presentation
are purely indicative & provisional and could change later.

PRESENTATION OUTLINE
Q2 FY17
OUTLOOK

INDUSTRY
DEVELOPMENTS

BRIEF BACKGROUND

OPERATIONAL
PERFORMANCE

FINANCIAL
PERFORMANCE

World Crude Steel Production recovered in Oct 16


10m CY 15

1335

10m CY 16

0.1%

1333

Oct 15

Oct 16

132

3.3 %

66

4%

9.1

0.6%

137

World
0.7 %

#1 China

673

69

668

88

0.4%
87

9.1

#2 Japan
6.8 %

#3 India
Source: WSA

74

80

12.3%

7.4

8.3

The Industrial Health


Overall IIP Trend

Manufacturing

9.8

10
8

6
4

3.6
2.1

2.0

1.1

0.7

0.1

0
-2

-1.26 -1.5

-4

Manufacturing Growth (y-o-y, %)

Mining Sec Growth (y-o-y, %)

12

-0.7

-1.35

10.6

10
8
6

4 2.6
2

0.7

0.7

0.9

0.9

-2.4

0
-2

-2.4

-3.2

12

-0.3

-1.2

-4.4

-4

-2.8

-3.1

-3.4

-6

Mining
4

4.7
3

2.3

Electricity Sector's IIP

4.7

2.9
1.2

1.4

1.3

0.8

0
-0.1
-2
-4
-6
-8

Source: Ministry of Finance

-3.1
-5.6

Electricity Sec Growth (y-o-y, %)

Mining Sec Growth (y-o-y, %)

Electricity
16
14
12
10
8
6
4
2
0

14.6
11.4

11.3
9.6

8.3

6.6
4.7
3.2
0.7

2.4

1.6

0.1

Indian Steel Scenario :


FY 16

(Qty : Mt)

Crude Steel Production


Finished Steel (Non Alloy+Alloy)
Import
Export
Real Consumption (Demand)

April- Oct'16

Qty

change
(y-o-y)

Qty

change
(y-o-y)

89.8

0.9%

56.25

8%

11.7
4.08
80.5

25.7%
(27)%
4.6%

4.13
3.57
48.12

(40)%
42.2 %
2.9 %

During April Oct 16 (y-o-y)


Crude Steel Production increased by 8%
Finished Steel Demand :
o Indias Consumption of finished steel grow by 2.9 % (y-o-y).
Imports :
o Decreased by 40 % (y-o-y),
Exports :
o Increased by 42 % (y-o-y),

Source: JPC

World Finished Steel Demand Outlook (CY 16 & CY 17):


World will likely to witness a muted finished steel demand growth

-3%
1,545

Fig: in Mt

+1%

46

2014

2015 Drop

0.2%
1,499

1,501

2015

2016 Increase

2016 (e)
Demand

1,510

2017 Increase

2017 (e)
Demand

2016: Global steel demand will increase by 0.2% to 1,501 Mt in 2016, following a contraction of -3.0% in 2015.
2017: Global steel demand will grow by 0.5% and will reach 1,510 Mt.

Source: WSA

PRESENTATION OUTLINE
Q2 FY17
OUTLOOK

INDUSTRY
DEVELOPMENTS

BRIEF BACKGROUND

OPERATIONAL
PERFORMANCE

FINANCIAL
PERFORMANCE

INDUSTRY UPDATE
STEEL SECTOR

Global Finished Steel price trend


Flat Steel Price Trend (FOB China $/MT)
475

480

478

473

445

443

443
433

400

395
380

410

HRC
Plate

380
373

368
355

April

433

From April to till date:

355

Aug

Sept

Oct

W1 Nov

W2 Nov

W3 Nov

W4 Nov

Latest

o HRC (FOB China) : up by ~ $100/MT

Demonetization
Long Steel Price Trend (FOB China $/MT)
413

403

383

356

355

413

410

403

405

342

355

April

Source: MB

Aug

350

348

Sept

Oct

410
405

Rebar

370

Wire Rod

346

345

Global Steel prices continuously


rising since beginning of the
year

W1 Nov

W2 Nov

W3 Nov

W4 Nov

Latest

o Plate (FOB China) : up by ~ $78/MT


o Wire Rod (FOB China): up by
$55/MT
o Rebar P (FOB China): up by $60/MT

Domestic Semis and steel Intermediary price trend


Semis and Sponge (Pellet) Price Trend (Raipur)

Billet

Sponge (Pellet)

Scrap (Mandi)

Demonetization

Billet
23300

22800
21550

21550

22000
21400

22250

21000

19550
18800

Scrap

18200
17200

Sponge Iron

13250

13500

Sept

Oct

18800
18000

17500

17000

19500

19100

13800
13100

13100

12300

12750

12900

W4 Nov

Latest

11200

April

Source: Steel Mint

Aug

W1 Nov

W2 Nov

W3 Nov

Domestic Finished steel price trend


Flat Steel Price Trend (Delhi)
42000

Demonetization

38500
36500
35000
35000

37500
37800

38500
38500

38500
38500

40000

38500
38500

37800

35500

34500

HRC

Plate

33500
April

Aug

Sept

Oct

W1 Nov

W2 Nov

W3 Nov

W4 Nov

Latest

Trade Long Steel Price Trend (Delhi)


29100

TMT

Demonetization
27500
26900

27300
26600

26800

Wire Rod
27000

25900
26500

24600

26100
25300
24700
23900

24000

24100

Sept

Oct

W1 Nov

25000

22200
April

Source: Steel Mint

Aug

W2 Nov

W3 Nov

W4 Nov

Latest

Domestic Iron Ore prices on the upswing


Iron Ore Lump Prices

Iron Ore Fines Prices

Odishas iron ore lumps prices increased by


- 12.5% over last 4 months

Odishas iron ore fines prices increased by


- 19.0% over last 4 months

Chhattisgarhs iron ore lumps prices increased by


- 23.5% since Apr15

Chhattisgarhs iron ore fines prices increased by


- 27.3% over last 4 months

4000
3600

Chhattisgarh DR CLO (1040mm, Fe 65.5%)

3840

4040
3840
3840

3840
3130

3200

28002900

2800

2650

2600
2700
2500
2500
2400 2420
22152180 2250 2300
2070
1960
1960

2400
2000

Apr'15
May'15
Jun'15
July'15
Aug'15
Sep'15
Oct'15
Nov'15
Dec'15
Jan'16
Feb'16
Mar'16
Apr'16
May'16
Jun'16
July'16
Aug'16
Sep'16
Oct'16
Nov'16
Dec'16

1600

Source: Steel Mint

Chhattisgarh Fines (0-10 mm, Fe


64%)

2700
2546
2400
2243
2100

1860

1960
1800

1500
1200

1800

1660

1650
1600

1525

1560
1600
1430

1710
1660

1560

1460

1460

1560
1450
1300

1860
1760

1300

1200
1150
1075
1050

1250

900
Apr'15
May'15
Jun'15
July'15
Aug'15
Sep'15
Oct'15
Nov'15
Dec'15
Jan'16
Feb'16
Mar'16
Apr'16
May'16
Jun'16
July'16
Aug'16
Sep'16
Oct'16
Nov'16
Dec'16

Price in Rs/t (ex-mines)

4400

4800
4575
4500
4300
4300

3000

Price in Rs/t (ex-mines)

4800

Odisha Fines (0-10 mm, Fe 63%)

Odisha Lumps (10-30mm, Fe


62- 63%)

5200

Odishas prices include royalty, Chhattisgarhs prices exclude royalty

Domestic Ferro Alloy and other ore price firmed up:


Price Trend: Ferro Alloy
103,000

Ferro Chrome HC 60 % (Ex Jajpur)

103,000

Some benchmark prices follow the following trend:


Ferro Silicon
: Up by 5%
Ferro Chrome
: Up by 80%
Silico Mn
: Up by 17%
Mn Ore
: Up by 168%
Chrome Ore
: Up by 220%

92,000
80,000
62,500

62,000

63,000
67,000

57,250

W1
April

May

June

July

Aug

Sept

Oct

Since April 16 - till date:

Nov

last
Week

Latest
27,737

Price Trend: Cr & Mn Ore

Price Trend: Silico Mn


Silico Mn ( Ex Durgapur)

Chrome Ore ( 52-54% OMC auction)

64,500
62,000

Mn Ore (32-34% lump) Ex-Barbil

60,000

14,750

55,500

55,000
50,500 51,000

12,750

48333

8,649

10,152

8,649

10,152

44,000 43417
5,500

W1
April

May

June

Source: Steel Guru

July

Aug

Sept

Oct

Nov

last
Week

Latest

W1
April

May

June

6,500

6,000

7,250
July

Aug

Sept

Oct

Nov

12,750
10,152

last
Week

Latest

International Raw Material Price movement


Iron Ore (CFR China $ / MT)
73

75
70

66

65

65

60

60

59
56

55

54

55

Coking coal has increased 300% from January

50

49

Iron ore has increased 72% from January

50
45

42

40

Scrap has increased 51% from January

35
Jan

Feb March Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Scrap (CFR Turkey $ / MT)

Coking Coal FOB Aus ($ / MT)

314

330
310

350
300

283

290

268

270

237

250

230
217

230
210
190

305

239

260

250

213

200

226
210

140

150

190
177

100

75

76

82

100

85

92

May

Jun

102

170
50

150
Jan

Feb March Apr

Source: Platts

May

Jun

Jul

Aug

Sep

Oct

Nov

Jan

Feb March Apr

Jul

Aug

Sep

Oct

Nov

Increasing Pellet Prices (Domestic)


With the pellet exports picking up, the domestic Pellet prices in Barbil region saw an increase of around
36% in the last four months

Price in Rs/MT,, ex-Barbil

4500

4000

3930

4000

3500
3320
3000

3100

3025
2900

2900

2950

2500

2000

Apr'16

Source: Platts

May'16

Jun'16

July'16

Aug'16

Sep'16

Oct'16

Nov'16

International Iron Ore & Pellet Prices trend (CFR China - $/MT)
International Pellet Prices:
increase by 27.5%

International Iron Ore Fines (Fe 62%)


Increase by 26.5 %

(Aug to till date)

(Aug to till date)

Iron Ore CNF China


Pellets CFR China
97

92

92

88

85

85

84

83

85

88

90

98

100
96

91

78
71

Source: Platts

73

70

28 Nov'16

21 Nov'16

18 Nov'16

11 Nov'16

5 Nov'16

59
31 Oct'16

59
24 Oct'16

57
17 Oct'16

57
11 Oct'16

55
4 Oct'16

56
28 Sep'16

56
21 Sep'16

56
14 Sep'16

57
9 Sep'16

59
2 Sep'16

59
26 Aug

62
19 Aug

61
12 Aug

5 Aug

61

73

77

Latest

86

88

90

98

109

International Coal : Price Trend


Prime Hard Coking Coal ($/MT FOB Australia)
302

Semi Hard Coking Coal ($/MT FOB Australia)


269

273

Nov-16

Latest

298

210

232
209
159
117

111

93

Apr-16

82
Aug-16

Sep-16

Oct-16

Nov-16

Latest

66

86

Aug-16

Oct-16

Nov-16

Oct-16

(From April 16 till date:)

Prime Hard Coking Coal: Up by $205/MT


(FOB Australia)

Semi Hard Coking Coal : Up by $191/MT


(FOB Australia)

Steam Coal RB1 Coal : Up by $31/MT (FOB


S. Africa

67

Sep-16

Sep-16

83

52

Apr-16
Source: Platts

Aug-16

International Coal Prices firming day by day :

Steam Coal RB1 ($/MT FOB S Africa)

83

Apr-16

Latest

Australian Coking Coal prices increased by


- 195% over last 4 months

350

300

310

250

227

200

150

201

100

94

50

81

Source: Steel Mint


92 92 97
118

0
Price in USD/MT, FOB

Coking Coal Prices

2015-04-06
2015-05-04
2015-06-01
2015-06-29
2015-07-27
2015-08-24
2015-09-21
2015-10-19
2015-11-16
2015-12-14
2016-01-11
2016-02-08
2016-03-07
2016-04-04
2016-05-02
2016-05-30
2016-06-27
2016-07-25
2016-08-22
2016-09-19
2016-10-17
2016-11-14

2015-04-06
2015-05-04
2015-06-01
2015-06-29
2015-07-27
2015-08-24
2015-09-21
2015-10-19
2015-11-16
2015-12-21
2016-01-18
2016-02-15
2016-03-14
2016-04-11
2016-05-09
2016-06-06
2016-07-04
2016-08-01
2016-08-29
2016-09-26
2016-10-24
2016-11-21

Price in USD/MT (FoB Aus)

Global Coal prices on the rise too..


Thermal Coal Prices
Indonesian Thermal Coal prices increased by
- 47% over last 4 months

South African RB2 Coal prices increased by


- 42% over last 4 months

100
90
80
70
60
50
40
30
20
10
0

MAIN PORT, INDIA - INDONESIA 3800 GAR

MAIN PORT, CHINA - SOUTH AFRICA, RB2 (5500 NAR)

INDUSTRY UPDATE
POWER SECTOR

Installed Capacity in India

(Oct 2016)

Installed Capacity (GW) in India

307.3
Hydro
14%

212.5

Renewable
s
15%

Installed Capacity Portfolio

Thermal
69%

43.1

45.9

Nuclear
2%

5.8
Thermal

Nuclear

Hydro

Renewables

Installed Capacity (GW) Growth


272

148

161

174

200

224

298

Total
305

Renewables (GW) Portfolio

307.3

245

Wind 28.1

Solar 8.1

Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16 Jul'16 Oct'16

Source: CEA

Bio Mass
4.9

Small
Hydro 4.3

Growth of Renewables
MW
50000
45000
40000
35000
30000
25000
20000
15000
10000
5000
0

Small Hydro

2913
2600
32

Biomass

3804
4014
2632

Wind
4274
4943
6763

4055
4419
3744

4323
4997
8513

3411
3135
941

3643
3601
1686

21136

23444

26769

28083

2014

2015

2016

H1 2017

2605
2168
6
10648

12807

16897

18485

2010

2011

2012

2013

RES Type

% CAGR since 2012

WIND

15.62 %

SOLAR

87.62 %

BIOMASS

13.61 %

SMALL HYDRO

7.00 %

Source: CEA, MNRE

Solar

WIND

SOLAR

Target for 2022

60 GW

100 GW

Target for
FY 17

4 GW

12 GW

Additions in
Apr-Sep16

1.3 GW

1.75 GW

Major Highlights (Sep 2016)


Imported Coal as % of Total Requirement

CIL Production in Million Tonnes

Coking Coal-25MT
Non-Coking Coal61MT

0.2 % Increase

229.54
H1 FY16

230.06
H1 FY17

A. Imported (MT)

86

B. Domestic (MT)

230

% Ratio - A/(A+B)

37 %

Electricity Generation in BUs


5.1 % Increase
584.2
556.0
H1 FY16
Source: CEA

H1 FY17

H1 FY17

Energy Deficit
0.0%
-0.5%
-1.0%
-1.5%
-2.0%
-2.5%
-3.0%
-3.5%
-4.0%
-4.5%

Peak Deficit

-0.7%
-3.2%

-0.7%
-4.0%

Sep-15

Sep-16

PRESENTATION OUTLINE
Q2FY17
OUTLOOK

INDUSTRY
DEVELOPMENTS

BRIEF BACKGROUND

OPERATIONAL
PERFORMANCE

FINANCIAL
PERFORMANCE

Business Segments
Steel

Mines &
Minerals

Power

Global
Ventures

Construction
Material &
Solution

Current Capacities Domestic & Global

5.1 MTPA Steel*

IPP 3400** MW
CPP 1634 MW
Renewable 24 MW

3.11 MTPA*

*Domestic
**Includes 600 MW - synchronized & will be commissioned in FY17

2 MTPA Steel
6.25 MTPA Mines

Cement
Road solutions
LGS

Copyright @ 2015 Jindal Steel & Power Limited

Steel Capacities across Life Cycle

Iron Making

Liquid Steel

Finished Steel

(6.75 MTPA)

(7.10 MTPA)

(6.55 MTPA)
WRM 0.60 MTPA

DRI 3.12
MTPA in
Capacity
deail

BF 2.13 MTPA

RUBM 0.75 MTPA


SMS 7.10 MTPA

MLSM 0.60 MTPA


Plate Mill 2.20 MTPA

HBI 1.50 MTPA


BRM 2.4 MTPA

BRM in Angul 1.4* - Commissioning in FY17


** To be commissioned

Effective Finished Steel 7.95 MTPA


Copyright @ 2015 Jindal Steel & Power Limited

Detailed plant wise capacities


Raigarh

Angul

Barbil

Patratu

(Chhattisgarh)

(Odisha)

(Odisha)

(Jharkhand)

BF 2.125
MTPA
DRI 1.32
MTPA
SMS
3.6MTPA

CGP
225,000
Nm3/Hr

DRI 1.8 in
Capacity
MTPA
deail

Plate Mill
1.00 MTPA

SMS 1.5
MTPA

RUBM 0.75
MTPA
MLSM 0.60
MTPA
CPP 839
MW

WRM
0.60
MTPA
Pellet
Plant

Rebar
Mill 1.0
MTPA

CPP 810
MW

Power

Hot Metal

SMS 2.0
MTPA

JPL

Mining

Tamnar
2800
MW

Iron Ore
3.11
MTPA

600
MW*

Coal
Overseas
6.20
MTPA

HBI 1.5
MTPA

9 MTPA
Plate Mill
1.2 MTPA

Oman

BRM 1.4
MTPA

Liquid Steel

Finished Steel

** To be commissioned

Copyright @ 2015 Jindal Steel & Power Limited

Steel
Insights into few products

Indias first manufacturer of Parallel Flange Beams


0.75 MTPA Rail & Universal Beam
mill
Dual Hot Saws
Variable pitch for controlled
residual stress removal

Plates Making Steel Stronger


1.2 MTPA 5m wide Plate Mill in
Angul
Indias widest Plate Mill
Can roll up to 5m wide Plates
1.4 KM long shop

Plates Making Steel Stronger


Development of Import Substitutes
160mm S355 J2 + N grade for high strength
Structure for Cranes

Plates for Defence Application

Plates for Naval application


Armour plate for battle guns

API grades upto X80 for Line Pipes

Plates for battle tanks


Boiler Quality plates upto 150mm

High strength 690 QL grade Quenched &


Tempered for Mining / Construction / High
Temperature

ASTM 537 classII upto 120mm for HYDRO


Projects

550 MPA strength steel for


construction application

Making Steel - Lean & Clean

Prefabricated Steel Indias biggest & most versatile prefab facility

230 Acres facility


2 lakh MT per annum capacity

Power plant
High rise Buildings
Segments Served

Bridges
Stadiums / Airports
Industrial Buildings

CSB offers solution package of all JSPLs products to various target markets

RAW MATERIALS

PLATES
ROLLED SECTIONS
(PLATE MILL) (RUBM/MLSM)

COIL

TMT
(BAR MILL)

LGS/ MGO
CEMENT PLANT EPS PLANT
(All Tech )

FINISHED PRODUCTS

STRUCTURAL
STEEL

SPEEDFLOOR

WELDMESH/
CUT BEND

DRY WALLS

JGRS

EPS

CONSTRUCTION SOLUTIONS
BUSINESS

APPLICATIONS

HIGH RISE
STEEL BUILDINGS

MULTI LEVEL
CAR PARKS

ROAD
BRIDGES

STADIUMS

AIRPORTS

ROADS &
PAVEMENTS

Ready to Use Steel


Facilities located at Faridabad, Patratu, Angul and Raigarh
Advantages

Products

Cut & Bend

Cost effective
Zero wastage

Stirrup

Minimum storage
Reduced dependency on manpower

Cut Straight

Simple and safe


Instant usability

Weldmesh

Faster completion of work

JSPL - Power Capacities


Independent Power Projects (IPP)
Project
Tamnar 1(a)*

Tamnar 2(a)

Satara (b)*

Capacity
(MW)

Fuel

Configurati
Status
on

1,000

Coal

4x250 MW Operational

2,400

Coal

1,800 MW
operational,
4x600 MW
balance 600 MW
synchronized

24

Wind

18x1.5 MW Operational

Captive power projects (within JSPL)

Raigarh
Tamnar
Angul

Project

Capacity
(MW)

Fuel

Configuration

Status

Satara

DCPP, Raigarh
IPP

540

Coal

JSPL, Raigarh

284

Coal &
waste
heat

Angul, Odisha

810

Coal

CPP

4x135 MW

Operational

2x25 MW & 40 MW
(Waste heat)
2x55 MW
3x25 MW
24 MW

Operational

6 x135 MW

Operational

One of the largest thermal portfolios in India


(a) Within JPL; (b) Within JSPL

*Divestment announced

Copyright @ 2015 Jindal Steel & Power Limited

JINDAL POWER LIMITED


96.43% subsidiary of JSPL

EUP -I
1000MW (4 X 250)

EUP -II
1200MW (2 X 600)

*600 MW Synchronized, Await Commissioning

EUP -III
1200MW (2 X 600*)

PPA Arrangements
Period

Project
Tamnar II
(Phase 1)

Tamnar II
(Phase 1)
Tamnar II
(Phase 1)

Buyer
Tamil Nadu

Type

From

To

Long Term

Feb-14

Sep-28

400

Long Term

Jun-16

May-41

200

Long Term

Oct-17

Sep-42

150

KSEB

Tamnar II
(Phase 1)

Long Term

After commercial
operation of Unit and for
complete life of plant

60

Long Term

After commercial
operation of Unit and for
complete life of plant

60

Chhattisgarh
Tamnar II
(Phase 2)

Quantum
(MW)

Over 30% of total capacity tied up *


* Out of 3400 MW (IPP)

Copyright @ 2015 Jindal Steel & Power Limited

Key Contractual Arrangements for JPL


Tamnar-I, 1,000 MW (EUP I)
Awaiting clarity on Tara

Coal Block
FSA

In the interim, coal

sourced through market


purchase and e-auction

Tamnar-II - 1,200 MW (EUP II)

Tamnar-II - 1,200 MW (EUP III)

Awaiting clarity on Gare

Long term linkage from

Mahanadi Coal Limited


(MCL) and South Eastern
Coalfields Limited (SECL)

Palma IV/2 & 3 Coal mine


Market purchase and

e-auction

TNEB 400MW

PPA

Bilateral/short term/

merchant

CSEB 60MW

CSEB 60MW

KSEB 200MW
KSEB 150MW

Evacuation

258km transmission line

from plant to national grid

Full Open access for 400MW

TNEB PPA commenced from


Oct 2015

Open access to be finalised

against PPAs

Raw materials, transmission & PPAs in place for achieving higher PLF
Copyright @ 2015 Jindal Steel & Power Limited

Summary of International Operations


Shadeed, Oman

1.5 MT HBI , 2 MT SMS Plant &


1.4MTPA Rebar Mill an
Integrated Steel Plant

Mozambique,
Africa

Developing a 3 MTPA
coal mine in
Mozambiques coal-rich
Moatize region

Coal resources
estimated at 1.2 bn
tonnes including coking
coal

Australia

South Africa, Africa


JSPLs Kiepersol Colliery produces Anthracite
coal, sold domestically and internationally Plans
to ramp up capacity

Acquired 82.04% controlling


stake in Wollongong Coal

Copyright @ 2015 Jindal Steel & Power Limited

Holding structure for global operations


Jindal Steel & Power Ltd
Listed Operating Entity in India

Jindal Steel & Power (Mauritius) Ltd


Holding company for overseas business

Oman
2 MTPA Steel plant

Australia
Coking Coal

South Africa
Anthracite Coal

Mozambique
Thermal/ Coking Coal

Copyright @ 2015 Jindal Steel & Power Limited

PRESENTATION OUTLINE
Q2 FY17
OUTLOOK

INDUSTRY
DEVELOPMENTS

BRIEF BACKGROUND

OPERATIONAL
PERFORMANCE

FINANCIAL
PERFORMANCE

Performance highlights
JSPLs Consolidated Steel Sales for Q2FY16-17 were 1.08MT up 12% YoY (0.97MT in Q2FY1516)
JSPLs Consolidated Steel Production for Q2FY16-17 was 1.16MT up 13% YoY (1.03MT in
Q2FY15-16)
1.4 MTPA Angul Rebar mill stabilized and all sections produced.

JPL EBITDA increases by 8% YoY.


Barbil records 83% growth in Market sale of pellets (0.73 million in Q2 FY17 vs 0.4
million in Q2FY16)
RDSO certification received for Jindal Panther TMT rebars;

JSPL becomes Indias biggest Pellet exporter in Q2, FY 2016

Performance Highlights

Oman

60% growth in Steel production (280,000 MT in Q2 FY 17 vs 174,000 MT in Q2 FY16)


45% growth in Steel sales (269,000 MT in Q2 FY 17vs 180,000 MT in Q2FY16
Received UK Cares approval (for selling TMT in Oman), SASO approval (for selling in Saudi
Arabia) and DCL approval (for selling in UAE)

Raipur
Machinery
Division

Secured Approval for supply of various castings & heavy fabricated items
Dispatched 2 nos of IBR approved U-Stamp Pressure Vessels which are highest pressure rated
vessel supplied by JSPL Machinery Division, Raipur

Construction
Solution

Break through orders for the supply of structures to the Building Segment
Secured prestigious G+31 storied project of NCR for supply of structures
Secured Raigarh - Pathalgaon Road project

Post plant approval from RDSO, Successfully executed the first Railway Overbridged (ROB) in
record time.
CE Certification of Plant Now we can export fabricated steel structures to Europe

SSD Punjipatra

Consolidated Steel Production

1.32

1.6
1.4

1.03

1.07

1.16

0.35

1.2

1.19

0.18

0.29

0.85

0.78

Q2FY16

Q3FY16

0.35

0.28

0.84

0.88

Q1FY17

Q2FY17

0.8
0.6
0.4

0.97

0.2
0
Q4FY16

Jindal Shadeed

*Quarter on Quarter

JSPL

Copyright @ 2015 Jindal Steel & Power Limited

Consolidated Steel Sales Volumes

1.4

1.6
1.4

0.97

0.99

0.19

0.25

1.08

0.33

0.27

0.78

0.81

Q1FY17

Q2FY17

0.4

1.2

1.11

0.8
0.6
0.4

0.78

0.74

Q2FY16

Q3FY16

0.2
0
Q4FY16

Jindal Shadeed

JSPL

Copyright @ 2015 Jindal Steel & Power Limited

Key Customers & Adding

PRESENTATION OUTLINE
Q2 FY17
OUTLOOK

INDUSTRY
DEVELOPMENTS

BRIEF BACKGROUND

Analyst Presentation

OPERATIONAL
PERFORMANCE

FINANCIAL
PERFORMANCE

Standalone Q2 FY 17 Snapshot of Key Financials

49

Consolidated Q2 FY 17 Snapshot of Key Financials

50

JPL Snapshot of Key Financials

51

Future focus

Improvement of NSR and EBITDA.


Continued cost & working capital reduction campaign
Completion of Angul Phase 1B
Sweat the Assets Achieve 100% Capacity utilization
Reduce Debt
Secure PPA for entire JPL Capacity
Increase market penetration for RUBM & MLSM
Foray in Building & Rail infra segment; Defence segment

Efforts to Ramp up monthly rail production.


Focus on Value Added Products

For any information please contact: Mr. Nishant Baranwal Head, Investor Relations
Tel : +91 11-41462198
Mobile:+91 8800690255
Email: - nishant.baranwal@jindalsteel.com

THANK YOU