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
