Quarter –III performance review PHYSICAL PERFORMANCE PARTICULARS CURRENT YEARPREVIOUS YEAR Inc/(Dec) of 5 over 7 QTR IQTR IIQTR III UPTO THE QUARTER QTR III UPTO THE QUARTER (2+3+4)678 I. PRODUCTION: (a) Iron Ore (lwmt) : (26.86) (b) Diamonds (Carats) (c) Sponge Iron (Tons) (572) II. SALES: (a)Iron Ore (lwmt)- Exports Domestic (31.60) Total Iron ore (28.14) (b) Diamonds (c ) Sponge Iron
Quarter –III performance review CURRENT YEARPREVIOUS YEAR Inc/(Dec) of 5 over 7 QTR IQTR IIQTR III UPTO THE QUARTERQTR III UPTO THE QUARTER PRODUCTION: Kirandul (28.28) Bacheli (18.86) Donimalai TOTAL (26.86) SALES: Kirandul (29.33) Bacheli (16.51) Donimalai TOTAL (28.14) Note :- Kirandul Sales includes 0.75 LMT and 0.52LMT of despatches to SIU during current year & previous year. UNIT WISE PHYSICAL PERFORMANCE (Qty in LMT)
Quarter –III performance review FINANCIAL PERFORMANCE (Rs. in Crore) PARTICULARS CURRENT YEARPREVIOUS YEAR Inc/(Dec) (%) Inc/(Dec) QTR IIIUPTO QTR IIIQTR IIIUPTO QTR III (3) over (5) (1)(2)(3)(4)(5)(6)(7) a) Sales Revenue ( ) (13.47) b) Other income incl. interest Total Income (942.01)9.30 a) Consumption of raw material b) Consumption of store and spares c) Acc/Dec of stock (49.49)(111.26)(38.89)16.90(128.16)(758.34) d) Employee cost e) Royalty & Cess (80.89)(11.08) f) Selling exp g) Others Total Expenditure Profit Before Tax (PBT) ( ) (13.23) Profit After Tax (PAT) (745.69) (13.26)
Quarter –III performance review PRODUCTION (LWMT) Q 1Q 2Q 3 Upto Dec’12 Q 1Q 2Q 3Q Lump Fines Total: Lump:Fines ratio 37:6339:6136:6437:63 36:6438:6237:63 PHYSICAL PERFORMANCE
Quarter –III performance review DESPATCH ANALYSIS QTY. IN LMT Despatch (Apr-Dec‘12) (Apr-Dec‘11) BailadilaDoniTotalBailadilaDoniTotal Rail Road Pipe Line Total Rake/day
Quarter –III performance review SELLING EXPENSES Rs in crore Particulars Year to date VarianceRemarks / Reasons 31-Dec-1231-Dec-11 Railway Freight Increase in export despatches by 7.51 LMT. Selling expenses Due to increase in export qty by 3.46 LMT,
Quarter –III performance review Details of Other Expenses Rs in crore Particulars Year to date Variance Remarks / Reasons 31-Dec-1231-Dec-11 1) Power & electricity Increase in power charges 2) Repairs & Maintenance Mainly on account of offloading of maintenance of HEM 3) Other Expenses a) Raising & Transportation Increased mining activity at KIOM. b) Corporate Social Resp c) CISF /Security Exp d) Travelling Expenses e) All other expenses (6.21) Subtotal (a to f) Total
Quarter –III performance review CAPITAL EXPENDITURE (Up to IIIrd quarter ) in FY Rs in Crore Projects/SchemesActual Upto 3 rd Qtr Bailadila 11B19.98 Kumarswamy MTPA Steel Plant – CG MTPA Steel Plant Karnataka0.00 Pellet Plant- Doni Other Schemes17.84 AMR72.37 Business Development0.00 R&D8.64 Feasibilities Studies0.12 Other Ventures9.96 Total CAPEX for 12 th Five Year Plan – Rs crores
Quarter –III performance review Iron Ore Sales (Rs. in crores)
Quarter –III performance review Earning per Share (EPS) – in Rs.
Quarter –III performance review Status of ongoing Projects
Quarter –III performance review a) Upgradation of Evacuation Infrastructure i) Uniflow Railway Line Uniflow Railway Line commissioned in May This augments evacuation capacity by 3 million tonnes. ii) Slurry Pipeline MoU signed with RINL for construction of Slurry Pipeline and setting up of Pellet Plant at Vizag. This will augment evacuation capacity by 10 million tonnes. Discussions are on for finalization of JV Agreement between NMDC and RINL. iii) Inmotion Weigh Bridge Inmotion Weigh Bridge (7) in Bailadila Complex in under installation and this will reduce turn around time and increase in evacuation. iv) MoU with Indian Railways The Company has signed an MoU with Indian Railways on 21 st December, 2012 for doubling of Railway Line between Jagdalpur and Kirandul of around 150 kms.
Quarter –III performance review Snapshots of Uniflow Railway Line
Quarter –III performance review Snapshots of Uniflow Railway Line
Quarter –III performance review c. Bailadila Deposit 11 B Location: Kirandul Complex, Dist. South Bastar Chhattisgarh Capacity: 7.0 MTPA Capital Outlay: Rs Cr EPCM Consultant: M/s MECON, Bangalore Project is being executed through Seven Packages All the packages have been ordered and works are in progress. Primary Crusher & Downhill conveyor works are in advanced stage of completion Secondary crusher, Scalping Screen & EOT Cranes trial runs taken Expected to be commissioned by June 2013
Quarter –III performance review Snapshots of Bailadila Deposit 11 B
Quarter –III performance review d) Kumaraswamy Iron Ore Project Location: Donimalai, Dist. Bellary Karnataka Capacity: 7.0 MTPA Capital Outlay: Rs Cr EPCM Consultant: M/s MECON, Bangalore Project is being executed through Six Packages Orders for four main packages are placed and works are in progress. Major Civil works for Primary Crusher house & Secondary Crusher house are completed Design Engineering of Downhill conveyor package is in advanced stage Civil & structural works are in progress. Likely to be commissioned by November 2013
Quarter –III performance review Kumaraswamy Iron Ore Project
Quarter –III performance review e) Donimalai Pellet Plant Location: Donimalai, Dist. Bellary Karnataka Capacity: 1.2 MTPA Capital Outlay: Rs Cr EPCM Consultant: M/s M N Dastur & Co, Kolkata Project is being executed through Six Packages Orders for five packages are placed and works are in progress. Mobile equipment package to be ordered Imported equipment received at site Mixer, Annular Cooler, balling discs erection completed. Rotary kiln, chain grate and other equipment erection is in progress GIS & main transformers erection completed. Civil, Structural & erection works are in progress Likely to be commissioned by November 2013
Quarter –III performance review Snapshots of Donimalai Pellet Plant
Quarter –III performance review
Quarter –III performance review f)Integrated Steel Plant of 3.0 MTPA capacity at Nagarnar, Jagdalpur in Chattisgarh State. The Plant is being set up at an investment of Rs crore. About 2119 acres of land has been in possession of NMDC for the plant and other infrastructure facilities. All statutory clearances have been obtained. All nine major technological packages viz., Sinter Plant, Blast furnace, Raw Material Handling system, Coke oven, By product, Steel Melting Shop, Thin slab caster & Hot strip mill, Oxygen plant and Lime & Dolomite packages have been ordered. Civil and structural works started for most of these packages, in full swing. Order has been placed for one of the major auxiliary package i.e. Power & Blowing Station.
Quarter –III performance review Snapshots of 3.0 MTPA Integrated Steel Plant at Nagarnar RMHS System BATTERY #1 - Precast Placement
Quarter –III performance review Blast Furnace Foundation Scale Pit Under Excavation For Thin Slab Caster & Mills package Snapshots of 3.0 MTPA Integrated Steel Plant at Nagarnar
Quarter –III performance review g) Diversification into Coal Shahpur East and Shahpur West Coal Blocks in M.P. allotted to NMDC under Government Dispensation Route for Commercial Mining and detailed exploration done through MECL under MoU. Mining Plan MoC approved the Mining Plan including Mine Closure plan for Shahpur West and Shahpur East Coal blocks on and respectively. Mining Lease MoC granted the prior approval for ML of Shahpur West Coal Block on Approval for ML of Shahpur East is awaited. Forest Clearance Revised Forest clearance applications for Shahpur East and Shahpur West Coal Blocks have been submitted to C.F. Shahdol on Joint Inspection survey has been completed for Shahpur East and Shahpur West Coal Blocks along with Forest Officers.
Quarter –III performance review Land Acquisition Applications for Land acquisition for both the coal blocks have been submitted to concerned district Collectors. Environment Clearance MOEF issued revised Terms of Reference letter (TOR) on with validity date Draft EIA/EMP report has been submitted to M.P. Pollution Control Board, Bhopal and Regional Office at Shahdol. Preparation of DPR The Consultant M/s SCCL, has prepared Detailed Feasibility Reports. As per approved Mining Plans the Coal Production will start by end of 2014, for which NMDC is taking all necessary steps. NMDC applied for 12 coal blocks (3 for commercial + 9 for power) out of 17 coal blocks notified by MoC in its notification dated for allotment of coal blocks to Govt. Companies under Coal Mines Rule, 2012.
Quarter –III performance review Joint Ventures and Subsidiaries Name of the CompanyPartner Stake held by NMDC Purpose J&KMDC Ltd.JKML74%Setting up of Magnesite Project in the State of Jammu NMDC-CMDC Ltd.CMDC51%Development of Iron Ore Deposit Nos.13 & 4 at Bailadila. NMDC Power Ltd %Setting up of Power Plant in respect of 3.0 MTPA Steel Plant at Nagarnar. Jharkhand National Mineral Development Corporation Ltd. JSMDC60%Development of Iron Ore Deposit at Sasangoda, Jharkhand. Legacy Iron Ore Ltd.Listed Company based at Perth Australia 50%Development of Hematite Iron Ore Reserves and Gold Deposits
Quarter –III performance review Joint Ventures and Subsidiaries (Contd…) Name of the CompanyPartner Stake held by NMDC Purpose Kopano-NMDC Mineral Pty. Ltd., Johannesburg Kopano Logistic Services (Pty.) Ltd. 50%To acquire and develop mineral prospects for steel making raw material such as Iron Ore, Coal and Manganese Ore. International Coal Ventures Pvt. Ltd. SAIL, Coal India, RINL 14.29%Acquisition of Coking and Thermal Coal assets abroad. Krishnapatnam Railway Co. Ltd. RVNL, Govt. of A.P.15%Construction, operation and maintenance of 112 km new BG line from Obulavaripalle to Krishnapatnam Neelachal Ispat Nigam Ltd. MMTC & Others12.87%Pig Iron Plant at Orissa and also engaged in production of BF Coke, Sinter etc.
Quarter –III performance review Analysis of Manpower Position (in Nos.) Number of Employees as on
Quarter –III performance review Analysis of Employee Cost (Rs. in crores)
Quarter –III performance review ANALYSIS OF EMPLOYEE COST Rs in Crore Particulars Year to date VarianceRemarks / Reasons 31-Dec-1231-Dec-11 Salaries, Wages & Bonus Prov. for Wage Revision of workmen Rs Cr Contribution to Staff PF,EPF & DLI Contribution to Group Gratuity Fund (3.07) Workmen and Staff Welfare Exp TOTAL
Quarter –III performance review Value added per employee (Rs. in lakhs)
Quarter –III performance review CSR Activities NMDC has identified 6 major thrust areas of CSR:- a)Infrastructure b)Drinking Water c)Health d)Education e)Training f)Employment
Quarter –III performance review Mile stones & Accolades Signing of MoU with Govt. since Excellent performer in MoU ratings in almost all the years. PSE Excellence Award as Company of the Year in Navratna category Indira Gandhi Rajbasha shield for 13 times. ‘Star PSU of the Year’ award (Business Standard). Best PSU of the year 2012 (Mineral sector/ Navratna/ Overall categories) by Dun & Bradstreet CAPEXIL top export award for the year Commendation certificate for CSR (SCOPE) Innovative leadership/ HR leadership/ Global HR excellent award (IPE) India Pride Award (Metals, Minerals & Trade including Mining)
Quarter –III performance review Disclaimer Cautionary Statement The statements contained in the Presentation may be forward looking statements and progressive within the meaning of applicable laws and regulations. Actual results may vary from those expressed or implied, depending upon economic conditions, government policies and other incidental factors that may arise. Readers are cautioned not to place undue reliance on the forward looking statements.