Investor Presentaiton
Consolidated financials
Particulars
(US$m)
FY16
FY17
FY18 (a)
FY19
Q1 FY20
Operating revenue
6,671
8,784
10,623
12,298
2,875
Operating EBITDA (b)
929
1,766
2,147
2,750
539
% margin
13.9%
20.1%
20.2%
22.4%
18.8%
Profit before tax
(355)
746
1,110
1,621
257
Profit after tax
(70)
503
887
1,092
146
Shareholder's
(c)
equity
Net Debt
2,724
3,251
3,995
4,983
5,122
5,976
6,029
5,516
6,668
6,931
Net Debt/Equity
Net Debt/ EBITDA
2.19x
1.85x
1.38x
1.34x
1.35x
6.43x
Note 1: Financials as per Ind-AS. Translated at 1 USD = 68.9180 INR, FBIL as of 28th June 2019
3.41x
2.57x
2.43x
2.72x
Note 2: Net debt calculated as Non-current Borrowings + current borrowings + current maturities of long-term borrowings + current maturities of finance lease obligations, if any + long term advance from customer - cash and cash
equivalents - bank balances other than cash and cash equivalents - current investments (net debt excludes acceptances)
Note 3: EBITDA calculated as profit for the year/period + (-) share of profit / loss from joint ventures (net) +(-) tax expense/benefit + exceptional items + depreciation and amortization expense + finance costs - other income
(a)
FY18 and financials restated
(b)
EBITDA based on group definition
JSW Steel
(c)
Includes non controlling interest
22
22View entire presentation