JSW Steel Corporate Presentation
Debt Profile and Credit Ratings
Net Gearing (ND/Equity) within
the stated cap of 1.75x
Leverage (ND/EBITDA) within
the stated cap of 3.75x
4.50x
1.75x
1.48x
1.34x
3.75x
1.17x
0.89x 0.92x
2.40x
0.83x
2.61x
1.45x
الاگر
SW Steel
Diversified Funding Sources
3.20x
2.52x
Foreign
currency debt
57%
INR debt,
43%
Loans and
others,
59%
FY19 FY20 FY21 FY22 FY23 Q2 FY24
FY19
FY20
FY21
FY22
FY23
Q2 FY24
Strong Liquidity and Credit Ratings
•
Cash and Cash Equivalents of 11,101 crore
Credit Ratings:
Debt Profile
•
.
International: Moody's: Ba1 (Stable Outlook) and Fitch: BB (Stable Outlook)
Domestic: ICRA: AA (Stable Outlook), IndRa: AA (Stable Outlook), CARE: AA (Stable Outlook)
Access to diverse pools of liquidity. Strong relationships with domestic and international banks and financial institutions
Net Gearing and Leverage within stated caps of 1.75x and 3.75x, respectively
Successfully raised US$3.69bn through global bond markets since 2014
.
Issued global steel industry's first USD Sustainability Linked Bond in September 2021
JSW Steel Corporate Presentation: October 2023
Note: Net Debt/EBITDA on LTM basis
Bonds and
debentures,
41%
36View entire presentation