Conference Call with Sarda Energy & Minerals Management and Analysts on Q2FY22 Performance and Outlook. Listen to the full earnings transcript.
Highlights: Highest Ever Quarterly and Half Yearly Revenue and Profits Consolidated Revenue up 84% YoY to INR 1,056 Cr in Q2FY22 and 97% YoY to INR 1,886 Cr in H1FY22 Consolidated EBITDA margin at Highest Ever: 41.9% (27.5%) in Q2FY22 and 37.7% (26.1%) in H1FY22 Consolidated PAT up 209% YoY to INR 263 Cr in Q2FY22 and 253% YoY to INR 431 Cr in H1FY22 Continued focus on strengthening presence across the value chain has aided in Sustainable Growth Dual benefit of higher realisations and profit margins, led by captive source for key raw materials like Iron Ore, Coal, Power Enhanced cashflow generation to reduce Borrowings and support Expansion Plans Cash Flow from Operations increased from INR 92 Cr in H1FY21 to INR 248 Cr in H1FY22 • Credit Rating and Outlook: SEML – Rating re-affirmed at CRISIL A+ and outlook revised from Stable to Positive SMAL (100% subsidiary - Ferro Alloys) – Rating upgraded, and outlook revised from CRISIL BBB/Stable to CRISIL BBB+/Positive Result PDF