Jindal Steel and Power Ltd

Investor Presentation
4Q FY20 (May’ 20)
 TABLE OF CONTENTS
S No. Content Slides

1 The Company 3-9

2 Overview & Business Segments 10-19

3 Power Business 20-25
4 Global Ventures 26-34
5 Financial & Operational Highlights 35-42
6 JSPL’s Response to COVID-19 43-48
7 Facilities at a glance 49-57
8 CSR Initiatives 58-62
9 Rewards & Recognitions 63
10 Contact Us 64
 OWNERSHIP STRUCTURE - O P JINDAL GROUP

O P Jindal Group

Jindal Saw JSL/JSL Hisar JSW Steel/JSW Energy Jindal Steel & Power (JSPL)
Mr. P.R. Jindal Mr. Ratan Jindal Mr. Sajjan Jindal Mr. Naveen Jindal

3
JSPL - FORMIDABLE STEEL & POWER PLAYER

Capex cycle completed – on path to achieve multifold earnings

 growth

 Projects at strategic locations – in proximity to raw materials, end

markets and evacuation infrastructure

 A comprehensive diversified long products portfolio with several

unique high value added products

 Amongst the lowest cost producers of steel and power in India

 3,400 MW IPPs set up at extremely competitive project cost

4
 KEY MILESTONES DURING OUR JOURNEY
• Commissioning of 2 coke • Resumption of
• Commissioned India’s largest and most modern 4554 cu.m. Blast oven batteries CGP – DRI
Furnace at Angul. operations 2020
• Completed 3 MTPA Basic Oxygen Furnace at Angul. All facilities
wrt 5 MTPA Steel Capacity at JSPL Angul is completed. 2019
• First equity raised through QIP
(oversubscribed >2.0x) 2018
• Commissioned coal gasification plant, first of its kind
and the Angul Integrated Steel Complex
2017
• Commissioned 2.0 MTPA SMS at Shadeed
• Commissioned 4.5MTPA pellet plant at Barbil • Acquired 99.99% stake in 2015
Shadeed Iron & Steel • Rail order for ~100k
2014 MT of rails to Indian
Railways received
• 1,000 MW • BCG award for “2nd highest 2013
Tamnar I value creator in the world”
commissioned for 2004-09 2012 • 1,200 MW (2*600MW) of
Tamnar II commissioned
2010
2010
• Share of Company 2009
got listed through
• Promoted as Orbit Steel demerger • Acquired majority stake in the
2008
Private Limited (OSPL) by ASX listed ‘Wollongong Coal Ltd.’
Late Mr. O.P. Jindal. 2005 • Commenced operations on its
10 MTPA coal mine in
2000
Mozambique (Africa)
1999
1979

• Commissioned 4.5MTPA
• Commercial production of India's
pellet plant at Barbil
widest 5.0 meter wide plate mill
• Share of Company got
• Jindal Power Ltd production at Angul
Listed on BSE, NSE, The
Stock Exchange, (JPL) became a
Ahmedabad subsidiary

5
 EXPERIENCED BOARD OF DIRECTORS

Naveen Jindal Shallu Jindal

Chairman Non Executive Director
• Experience: 22 years
• Qualification: MBA
(University of Texas)

R.V. Shahi Arun Kumar Purwar Sudershan Kumar Garg Hardip Singh Wirk
Independent Director Independent Director Independent Director Independent Director
• Experience: >4 years • Experience: >30 years • Experience: >45 years • Experience: >11
• Qualification: MBA • Qualification: M.Com • Qualification:Bcom & CA years
• Former Power Secretary • Former CMD, SBI • Former Chairman & MD of • Qualification: LLB
NHPC and NHDC Limited

Dr. Aruna Sharma V.R Sharma Dinesh Kumar Saraogi

Anjan Barua
Wholetime Director
Independent Director Wholetime Director Nominee Director
[Ex-Secretary, Steel] • Experience: >38 years. • Experience: > 38 years Experience: > 41
• Qualification:. Mech. • Qualification: years
Engineering , MBA Mechanical Engineering Former Director of
(marketing) NSE and CDSL

6
 …& BEST IN CLASS MANAGEMENT

V.R Sharma
Managing Director-JSPL Sudhanshu Saraf
• Experience: >38 years. Director Transformation– JSPL
• Experience: >30 years

Deepak Sogani
Bharat Rohra
CFO-JSPL
MD & CEO - JPL
• Experience: >30 years
• Experience: >35 years

Rajeev Jain
CFO - JPL
• Experience: >23 years

7
 MOVING TOWARDS PLURAL LEADERSHIP

Strategic Governance Structure Operational Governance Structure

ManCo UniCo
Business
Segments For each For each
Business Location
Core Group
Management Executive
Team Committee

Steel & Cement

Senior Management
Committee Power

Global Ventures

Implementation of Strategic & Operational Governance Structure

8
 SHAREHOLDING OF JSPL FROM MAR’17
31-Mar-17 30-Jun-17 30-Sep-17 31-Dec-17 31-Mar-18 30-Jun-18 30-Sep-18 31-Dec-18 31-Mar-19 30-Jun-19 30-Sep-19 31-Dec-19 31-Mar-20

Promoters 61.89% 61.89% 61.89% 61.96% 58.66% 58.66% 58.66% 58.66% 58.69% 60.52% 60.40% 60.40% 60.48%

Institutional Investors* 19.57% 18.91% 21.22% 23.60% 28.76% 28.85% 29.01% 26.63% 26.26% 23.98% 25.95% 27.00% 25.32%

Public and other share holding 18.54% 19.20% 16.89% 14.44% 12.58% 12.49% 12.33% 14.71% 15.05% 15.50% 13.65% 12.60% 14.20%

Total 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

Number of share holders 1,77,719 1,80,617 1,74,223 1,54,489 1,58,544 1,57,421 1,56,226 1,70,296 1,64,769 1,66,299 1,73,656 1,63,652 1,72,186

Number of share holders Institutional Investors (%)

1,85,000 30%
1,80,000
1,75,000 25%

1,70,000
20%
1,65,000
1,60,000 15%
1,55,000
1,50,000 10%

- - 9
 BUSINESS SEGMENTS

Steel Power Global Ventures

Current Capacities – Domestic & Global

8.6 MTPA Steel* 2.4 MTPA Steel,

IPP – 3400MW
3.11 MTPA* Iron ore Coal & Iron Ore
CPP – 1634 MW
9 MTPA* Pellet Plant Mines
*Domestic
10
 INTEGRATED OPERATIONS WITH MULTIPLE POINT OF SALE

Raw materials Intermediate inputs Processing End-products

Coal from mines Coal washery Washery rejects

Char/Flu gases
Rotary kilns Power plant Electricity

Wire Rod & Wire Rod &

Pelletisation Sponge Bar Mill Rebar
Pellets
plant iron
Plates &
Iron ore Rounds/ Plate mill Coils
from EAF/BoF Blooms/
mines Slabs/Billets
Rail & Rails
Sinter universal
Fines Sinter Blast furnace beam mill
plant Structurals

Coke
Coking coal Coke Pig iron
oven
Point of sale

Multiple sale points across steel value chain

11
 STEEL CAPACITIES ACROSS LIFE CYCLE

Iron Making Liquid Steel Finished Steel

(10.25 MTPA) (11.00 MTPA) (7.95 MTPA)

WRM 0.60 MTPA

Capacity
DRI 4.92 MTPAin deail
RUBM 0.75 MTPA
SMS 11.00 MTPA
MLSM 0.60 MTPA

BF 5.33 MTPA Plate Mill 2.20 MTPA

BRM 3.80 MTPA

12
 DETAILED PLANT WISE CAPACITIES

Raigarh Angul Barbil Patratu

(Odisha)
Oman JPL Mining
(Chhattisgarh) (Odisha) (Jharkhand)
BF 2.125 CGP 225,000
MTPA Nm3/Hr DRI 1.8
DRI 1.32
MTPA
BF 3.2 MTPA
MTPA WRM
SMS Capacity in deail
DRI 1.8 MTPA 0.60
3.6MTPA MTPA
Plate Mill
SMS 2.5 MTPA
Pellet SMS 2.4 Tamnar Iron Ore
1.00 MTPA SMS 2.5 Plant MTPA 3400 3.11
MTPA
RUBM 0.75 9 MTPA MW MTPA
MTPA BRM 1.4
MTPA
MLSM 0.60 BRM 1.0
MTPA Plate Mill 1.2 MTPA BRM 1.4
MTPA
MTPA
CPP 824 MW
CPP 810 MW

Power Hot Metal Liquid Steel Finished Steel

13
 MANIFOLD GROWTH IN CAPACITY IN LAST 6
YEARS
FY ‘14 FY ‘20

STEEL - INDIA 3 MTPA 8.6 MTPA ~2.86x

POWER 1,000 MW 3400 MW 3.4x

OMAN 0 MTPA 2.4 MTPA Add

PELLET 4.5 MTPA 9 MTPA 2x

All major capex completed – scale of growth is approx. Three Times

14
 GROWTH ON TRACK

PRODUCTION IN FY19 PRODUCTION IN FY20 GROWTH

STEEL – INDIA* 5.59 MT 6.30 MT 13%

STEEL – OMAN 1.71 MT 1.87 MT 9%

ROM-
MOZAMBIQUE 1.71 MT 2.50 MT 47%
(COKING COAL)

PELLET 7.08 MTPA 7.28 MTPA 3%

ROM-SOUTH
AFRICA 0.34 MT 0.43 MT 27%
(ANTHRACITE COAL)

*incl. Pig Iron

15
JSPL PRODUCT RANGE

16
JSPL PRODUCT RANGE

17
 SPECIAL GRADE PLATES – ANGUL

 Developed steel grades for various critical applications like boilers, ship building, petroleum
pipes, high strength grades for automotive and earth movers, structural steel for oil exploration
platforms, grades for making warships , ballistic launch applications and bullet proof vehicles,
stainless steel low thickness plates for nuclear application

18
EXTENSIVE SALES AND DISTRIBUTION NETWORK

Plants

Distributors

Stockyards

Pan India presence with multiple customer touch points

19
20
 POWER CAPACITIES AT A GLANCE

Independent Power Projects (IPP)

Capacity Configuratio
Project Fuel Status
(MW) n

Tamnar 1 1,000 Coal 4x250 MW Operational

Tamnar 2 2,400 Coal 4x600 MW Operational

Captive power projects (within JSPL)

Raigarh

Tamnar Capacity
Angul Project Fuel Configuration Status
(MW)

DCPP, Raigarh 540 Coal 4x135 MW Operational

IPP CPP
1x24 MW
Coal &
(Waste heat)
JSPL, Raigarh 284 waste Operational
2x55 MW
heat
6x25 MW

Angul, Odisha 810 Coal 6 x135 MW Operational

One of the largest & cost-efficient thermal portfolios in India

21
 IPP - JINDAL POWER LIMITED

96.43% subsidiary of JSPL

EUP -I EUP -II EUP -III

1000MW (4 X 250) 1200MW (2 X 600) 1200MW (2 X 600)

22
 KEY CONTRACTUAL ARRANGEMENTS FOR JPL
TAMNAR-I, 1,000 MW (EUP I) TAMNAR-II - 1,200 MW (EUP II) TAMNAR-II - 1,200 MW (EUP III)

 Long term linkage from

 Coal sourced through –  Coal sourced through –
Mahanadi Coal Limited
FSA market purchase and e- market purchase and e-
(MCL) and South Eastern
auction auction
Coalfields Limited (SECL)

 TNEB – 400MW
 Bilateral/short term/  CSEB – 60MW
exchange
PPA  KSEB – 200MW  CSEB – 60MW
 PFC_II-105MW*
 KSEB – 150MW

 PFC_II – 315MW*

EVACUATION  Open access available  Open access available  Open access available

Raw materials, transmission & PPAs in place for achieving higher PLF

*JPL declared L-1 bidder under Pilot Scheme-II tender by PFC Consulting

23
 PPA ARRANGEMENTS
PERIOD QUANTUM
PROJECT BUYER TYPE FROM TO (MW)
TAMNAR II
Tamil Nadu Long Term Feb-14 Sep-28 400
(PHASE 1)
TAMNAR II
Long Term Jun-16 May-41 200
(PHASE 1)
KSEB
TAMNAR II
Long Term Oct-17 Sep-42 150
(PHASE 1)
TAMNAR II
Long Term After commercial operation 60
(PHASE 1)
Chhattisgarh of Unit and for complete life
TAMNAR II of plant
Long Term 60
(PHASE 2)
PFC Pilot
TAMNAR II Medium Term 3 Years 315
Scheme-II **
PFC Pilot
TAMNAR I Medium Term 3 Years 105
Scheme-II **
Close to 38% of total capacity tied up *

* Out of 3400 MW (IPP) including PFC_II **JPL declared L-1 bidder under Pilot Scheme-II tender by PFC Consulting 24
 JPL FINANCIALS
Net Sales Generation Cash Profit
Particulars
(Rs. Cr.) (MU) (Rs. Cr.)

Year 2019-20 3758 9583 961

Year 2018-19 3858 10,396 816

Year 2017-18 4,059 10,905 778

Year 2016-17 3,119 9,176 656

Year 2015-16 2,997 9,542 706

Year 2014-15 3,228 10636 523
Year 2013-14 2,457 8282 1,386
Year 2012-13 2,510 7973 1,420

25
Corporate Office, Jindal Africa 26
 SUMMARY OF INTERNATIONAL OPERATIONS

SHADEED, OMAN
 1.8 MT DRI , 2.4 MT SMS Plant &
1.4MTPA Rebar Mill – an
Integrated Steel Plant

MOZAMBIQUE,
AFRICA

 5 MTPA coal mine in

Mozambique’s coal-rich
Moatize region

SOUTH AFRICA, AFRICA AUSTRALIA

 JSPL’s Kiepersol Colliery produces Anthracite coal,  60.38% stake in Wollongong Coal
sold domestically and internationally. Ltd which comprises of two coking
coal mines – Wongawilli and Russel
Vale

27
 HOLDING STRUCTURE FOR GLOBAL OPERATIONS

Jindal Steel & Power Ltd

Listed Operating Entity in India

Jindal Steel & Power (Mauritius) Ltd

Holding company for overseas business

Oman Australia South Africa Mozambique

2.4 MTPA Steel plant Coking Coal Anthracite Coal Thermal/ Coking Coal

28
 JINDAL SHADEED IRON & STEEL, OMAN

Marching towards becoming a Fully Integrated Steel Plant

1.8 DRI 2.4 MTPA SMS 1.4 MTPA Rolling Mill

29
 OMAN - SALIENT FEATURES

 First & Largest Integrated steel plant of Oman

 Second largest in Arabian Peninsula
 Port based steel plant
 Largest Arc furnace in Arabian Peninsula, with contracted natural gas
 One of the World’s Best Performing Midrex plant
 Products : TMT Rebars, HBI, Blooms & Billets

SOURCING OF RAW MATERIALS - OMAN PLANT

• Iron Ore Pellets from Vale (Next door plant)
• Natural Gas from Oman Government through long term contract (at concessional
prices)
• Scrap from External Sources

30
 KIEPERSOL COLLIERY, SOUTH AFRICA

An Underground Anthracite and Lean Bituminous Coal mine

 Location: Piet Retief in Mpumalanga province, South Africa

 Resources : Up to 40 MT
 Reserves: 22 MT
 Products : Anthracite coal
 Mining Capacity : Can be expanded to 1.2 MTPA capacity annually
31
 CHIRODZI MINE - MOZAMBIQUE, AFRICA

Open Cut Coking & Thermal Coal Mine

 Location: Chirodzi, Mozambique (105 kms from Tete)

 Resources : 2,000 MT
 Reserves: 750 MT
 Products : Semi Hard coking coal , High Grade Thermal Coal
 Mining Capacity : 5 MTPA
32
 WOLLONGONG COAL LTD., AUSTRALIA
Two Mines with Unique unmatched location & strategic advantages

 Location: Russell Vale & Wongawilli

 Reserves : 125 MT
 Products : High Quality Coking Coal
 Logistics : Port Kembla - Less than 20 kms

33
 OTHER IRON ORE ASSETS

Namibia Melmoth (South Africa) Cameroon

Resources  986 million tonnes  1,155 million tonnes  1,301 million tonnes

Iron ore
 70.9%  68.4%  69.2%
content

Yield  27.0%  25.2%  31.5%

JSPML stake  85%  74%  90%

Development  Scoping and exploration  Pre feasibility study  Exploration partially

stage study completed completed completed

Nearest port  460 km  90 km  150 km

34
35
 JSPL CONSOLIDATED KEY FINANCIALS
(Rs. In Crores)
Q3 FY 20 Q4 FY 20 PARAMETER Q4 FY 20 Q4 FY 19
10,203 9,674 Gross Revenue* 9,674 11,304
9,300 8,835 Net Revenue 8,835 10,159
1,820 2,220 EBITDA 2,220 1,845
20% 25% EBITDA % 25% 18%
1,018 757 Depreciation + Amortization 757 2373
1,002 1,008 Interest 1,008 1163
(201) 480 PBT (Before Exceptional) 480 (1,692)
- 109 Exceptional 109 1,734
(201) 370 PBT 370 (3,426)
(219) 306 PAT 306 (2,713)

PARAMETER FY 2019-20 FY 2018-19

Gross Revenue* 40,744 43,471
Net Revenue 36,944 39,388
EBITDA 7,854 8,406
EBITDA % 21% 21%
Depreciation + Amortization 3,867 5,480
Interest 4,149 4,264
PBT (Before Exceptional) (136) (1,323)
Exceptional 109 1,478
PBT (246) (2,802)
*Incl. Gst PAT (400) (2,412)
- - 36
 JSPL STANDALONE KEY FINANCIALS (Rs. In Crores)
Q3 FY 20 Q4 FY 20 PARAMETER Q4 FY 20 Q4 FY 19
7,542 6,767 Gross Revenue* 6,767 8,544
6,640 5,930 Net Revenue 5,930 7,402
1,352 1,562 EBITDA 1,562 1,440
20% 26% EBITDA % 26% 19%
570 568 Depreciation + Amortization 568 576
634 623 Interest 623 980
148 372 PBT (Before Exceptional) 372 (115)
- - Exceptional - 1654
148 372 PBT 372 (1769)
97 282 PAT 282 (1154)

PARAMETER FY 2019-20 FY 2018-19

Gross Revenue* 30,021 31,806
Net Revenue 26,228 27,730
EBITDA 5,777 6,017
EBITDA % 22% 22%
Depreciation + Amortization 2,287 2,307
Interest 2,611 2,896
PBT (Before Exceptional) 880 829
Exceptional - 1,398
PBT 880 (570)
PAT 618 (263)
*Incl. Gst

37
 JPL KEY FINANCIALS (Rs. In Crores)
Q3 FY 20 Q4 FY 20 PARAMETER Q4 FY 20 Q4 FY 19
784 913 Turnover 913 999
257 333 EBITDA 333 267
33% 36% EBITDA % 36% 27%
292 334 Depreciation + Amortization 334 324
219 208 Interest 208 236
(111) (188) PBT (188) (37)
(83) (134) PAT (134) 11
181 265 Cash Profit 265 368
1,900 2,430 Generation (million units) 2,430 2,609

PARAMETER FY 2019-20 FY 2018-19

Turnover 3,758 3,858
EBITDA 1,249 1,155
EBITDA % 33% 30%
Depreciation + Amortization 1,207 1,320
Interest 858 893
PBT (365) (585)
PAT (229) (436)
Cash Profit 961 816
Generation (million units) 9,583 10,396

- - 38
 REVENUE & EBITDA IN FY20
(Figures in Rs. Crores)
REVENUE (Rs. In Cr)
Standalone Consolidated 39,388
36,944

27,844
22,706
18,350 19,943 20,070 19,626 18,632 27,730 26,228

17,523
15,114 14,691 13,687 15,502
13,518 12,852

FY 12 FY 13 FY 14 FY 15 FY 16 FY 17 FY 18 FY 19 FY 20

EBIDTA (Rs. In Cr) (Figures in Rs. Crores)

Standalone Consolidated

8,406
7,854
6,793 6,469
5,994 5,667
5,457
4,658
3,437 6,017 5,777
4,393 4,023 3,973
3,938 3,730
2,441 2,858

FY 12 FY 13 FY 14 FY 15 FY 16 FY 17 FY 18 FY 19 FY 20

- - 39
 OPERATIONAL PERFORMANCE

Consolidated Steel Production* Consolidated Steel Sales*

0.44 0.39 0.41 0.46

0.41 0.57
0.47 0.36
0.46 0.43 0.38 0.46 0.50 0.57
0.48 0.42 0.45
0.54

0.42 1.57 0.42 1.51

0.39
0.43 1.58 1.52
0.39 0.43
0.36 1.22 1.48
1.32
0.35 0.28 0.31 0.32 0.34 1.19 1.27
0.33 0.27

1.07 1.00
0.91 1.54 0.85
0.86 0.85 0.82 1.67
1.61 0.79
0.95 1.31 1.36 1.57 0.84 0.93 0.85 1.24 1.33 1.40
0.90 0.92

JSPL Jindal Shadeed JSPL Jindal Shadeed

(*Incl .Pig iron)(Figures in Million Tonnes) 40
 JSPL CONSOLIDATED DEBT BRIDGE
50000
DEBT BRIDGE FY20 (Rs. In Cr.)
45000 3894

40000
1161
485
35000

30000

25000

20000 39137
35919
15000

10000

5000

0
Net Debt as on 1st April'19 Debt reduction Fx Impact(Addition due to FX ) Movement in Cash & Cash Net Debt as on 31st Mar'20
Equivalents

In Opening Debt Numbers Adjustment due to IND AS of Rs 54 Crs is added back (Ignoring that the Net Debt is Rs.39084 Cr)

41
 DEBT PROFILE ENTITY-WISE FY20

Debt Rs.15,301 Crs

Jindal Steel & Power Ltd.

The listed operating entity with all steel plants, pellet plant and captive
power plants in India

Jindal Steel & Power (Mauritius)

Jindal Power Ltd.
Ltd.
Debt Rs.7,235 Crs Debt Rs. 5,767 Crs
Independent power plants in India Holding company for the global businesses

Others

Remaining entities & IND AS adjustment Shadeed Iron & Steel LLC- Wollongong Coal Ltd/JSPAL-
South Africa & Mozambique
Oman Australia
Debt Rs. 139 Crs

Anthracite coal & Coking coal Steel plant in Oman Coking coal mines in Australia

Debt Rs.104 Crs Debt Rs. 5,619 Crs Debt Rs. 2,660 Crs

The debt represent the gross debt at each entity level, Cash & Cash Equivalent Rs.906 Crs. Net Debt= Rs.35,919 Crs
Overseas debt has been converted into Rupee .by considering closing rate as on 31st March 2020.(1 USD= Rs.75.38)

42
 JSPL Contributed Rs. 25 crores to
JSPL’s
JSPL has committed to supply free
the PM Cares Fund oxygen if any hospital in the states of
Chhattisgarh and Odisha is short of

response
Each JSPL Employee has contributed to Oxygen
the PM cares Fund

to COVID- JSPL has upgraded its hospitals to fight the JSPL is providing medical support through
its hospitals & OSH health care centers and

19 crisis!
pandemic by equipping them with additional
ventilators/PPE kits and creating isolation has created quarantine facilities at its
wards manufacturing locations

JSPL Foundation has launched JSPL’s Mission Zero Hunger in the states of Chhattisgarh,
Odisha & Jharkhand to end hunger and ensure food security

Cooked food is being Dry food material to meet Women self-help groups Community settlements, Tribal
served to truck drivers, the minimum food (SHGs) are making hamlets and villages in
migrants and other requirement is being disposable and washable Chhattisgarh, Jharkhand &
vulnerable communities in provided to Institutions masks for the workforce, Odisha are being regularly
coordination with the local like child care homes, old hospitals and nearby sensitized on COVID19
administration age homes,, shelter homes communities preventive measures
for women and homes for
special children Awareness Jingles have been
Vegetable and dairy Liquid herbal hand-wash and made and are being propagated
farmers are facilitated to
Baby food is being provided. phenyl is made and supplied in local language also
supply their farm/dairy by SHGs to local institutions
for infants .
products in the local and households
community and market
 JSPL’S THREE PHASE RESPONSE TO THE CRISIS – COVID -19
JSPL adopted a three phase response to battle COVID-19 – Respond, Return & Reform. The 3 phases kick in one by one as the COVID-19 curve progresses across
the Nation with ‘Respond’ being JSPL’s immediate reaction to the outbreak; ‘Return’, being the stage in which JSPL strives to address challenges amidst
lockdown and scale-up post lockdown and ‘Reform’ being the stage in which JSPL will leverage lessons learnt to create value and enhance organizational
resilience as the COVID19 curve declines.

1 JSPL responded to the

immediate challenges 2 JSPL strives to address the
challenges amidst lockdown and
scale back post lockdown
3 JSPL will leverage lessons learnt to
create value and enhance
organizational resilience

Respond Return Reform

Acknowledge & Elevate & Proceed Evolve, Shape & Thrive
Address

JSPL adapted in the moment,

JSPL elevates in the situation As the crisis is declared over,
addressed the immediate
and adopts measures to JSPL shall evolve and retool the
challenges and determined
ensure wellbeing of employees business by leveraging the
the scale, pace, and depth of
and manage continuity amidst knowledge and experience
action required to mitigate
lockdown and build an edge gained from the crisis , to build
the effects of the outbreak as
for when the business value throughout the
the crisis unfurled itself before
environment picks up in a new organization and navigate the
us
normal post lockdown future

44
 JSPL’S IMMEDIATE RESPONSE TO COVID-19
1. Respond 2. Return 3. Reform

16 March 2020 01 April 2020

 Health Facilities up gradation Launched
 Connecting with Local Organization-Wide
communities Engagement Plans
 Portal for COVID -19 updates 20 March 2020 with series of
Work from Home Webinars
07 March 2020
Guidelines
Awareness sessions released
on COVID-19, its
impact and
precautionary
measures 31 March 2020
14 March 2020
Donation to the
Advisory & Action PM Cares Fund
plan formulation for 23 March 2020
07 March 2020 Business Continuity Redesigned
Travel Curtailed & Meeting spaces &
new Travel & workplace to carry
Meeting Guidelines out work &
issued maintain Physical
Distance

26 March 2020
09 March 2020
Continuous
07 March 2020 Formulation of Crisis communication
Safety measures & Management Group. 24 March 2020 from the
Administrative Secured permission Leadership
preparations at to continue
workplace manufacturing under
(Manufacturing & Office Essential Services
locations) launched Maintenance Act
(ESMA)
45
 BATTLING THE LOCKDOWN – THE PEOPLE’S PERSPECTIVE
1. Respond 2. Return 3. Reform

In the second phase, JSPL endeavored to recognize the people's perspective and adopted measures to ensure their holistic well-being,
thereby ensuring business continuity during and after lockdown. JSPL takes cognizance of the fact that employee experiences are
known to have an impact on the innovation levels, quality of work, engagement with the organization’s mission and customer
experiences and thus believes that investing in people is an investment in customer experience and, ultimately the bottom line.

Relational needs
Needs for connection and belonging

Mental needs
Needs for cognitive and psycho emotional well being to
build resilience

Physical needs
Needs to feel secure and safe

Source : Accenture - Human Resilience What your people need now 46

 REFORM : WAY TO NEW NORMAL
1. Respond 2. Return 3. Reform

The key to winning in the new realm rests on the resilience and agility we build in the organization today. The crisis is an ultimate test of our
strength and JSPL’s success would depend on our ability to leverage the lessons of today and reform.

In the aftermath of a crisis, recovering operations takes priority and thus lessons learned may be forgotten. Data suggests that
organization that kept their crisis plan up to date and implemented the lessons learned were four times more likely to come out on top. 1

A thorough evaluation should follow immediately after the crisis is declared over to examine the events and actions for identification of
improvement opportunities, while considering the following :

 The extent of impact of the crisis on the organization’s assets, reputation, employees and other stakeholders
 Learning & experiences that may aid enhancement of overall organizational resilience
 Organization’s response and effectiveness. Aspects that were handled well and those that could be improved to prepare for a future response
 Legacy business models/procedures and its viability for the organization in the New Normal
 New people capabilities that would prove to be critical in the future and which would have to be built through cross training & up skilling –
crisis management, automation, etc.
 Aspects of business that could be digitized /automated to ensure sustainable virtual and team-based working, enhance the way services are
delivered and enable flexibility

Crisis Management is more than an opportunity and can be translated into a Competitive Advantage.

1: PWC : Crisis Preparedness: An imperative to stay competitive 47

COVID 19 RESPONSE: JSPL REMAINS COMMITTED TO SERVE THE
NATION
49
 GLOBAL PRESENCE IN ATTRACTIVE MARKETS

Raigarh Jeraldaburu
Oman
Patratu

Cameroon
Tamnar Barbil
Angul
Tensa
Botswana Mozambique Bailadila
Australia

South Africa

Coal mine Iron ore mine CPP Steel plant IPP

Presence in resource rich regions well connected with evacuation infrastructure

50
51
 CHHATTISGARH
Integrated Steel Plant,Raigarh Steel Fabrication Plant, Punjipatra

Heavy Machinery Division, Raipur Tamnar,3400 MW Power plant

52
 ODISHA

Integrated Steel Plant ,

Angul

Pellet Plant, Barbil

53
JHARKHAND

WRM & BRM,

Patratu
54
55
JINDAL SHADEED, OMAN

56
MAKING SUSTAINABILITY A FOCUS PRIORITY

57
 PILLARS OF CSR

HEALTH & NUTRITION ENVIRONMENT & AGRICULTURE

DRINKING WATER & SANITATION SPORTS

EDUCATION ART & CULTURE

SKILL EDUCATION RURAL INFRASTRUCTURE

SUSTAINABLE LIVELIHOOD & SOCIAL INCLUSION

WOMEN EMPOWERMENT

58
 SUSTAINABLE CSR
SUSTAINABLE
DRINKING WATER & LIVELIHOOD &
HEALTH & NUTRITION EDUCATION SKILL BUILDING
SANITATION WOMEN
EMPOWERMENT
2.7 Lakh+ 22 Lakh+ 78000+ 1 Lakh + 10000+

People provided
Adolescent girls and People provided with
Students empowered with vocational
women benefitted from safe and clean Women empowered
through quality training and
our reproductive drinking water through SHGs
education contributing to
healthcare initiatives facilities
National Skill Pool

12 Lakh + 71000+ 10000+ 6000+ 15000+

Students
empowered
Families provided by Scholarships for poor Sustainable Livelihood
People benefitted from through industry
improved community and underprivileged options generated for
our health interventions specific programs
sanitation facilities children Rural Families
and through world
class universities

59
 SUSTAINABLE CSR

ENVIRONMENT & COMMUNITY

SPORTS ART & CULTURE SOCIAL INCLUSION
AGRICULTURE INFRASTRUCTURE

30 Lakh+ 11000+ 1500+ 12 Lakh+ 150+

Performing artists
Sports talents trained and traditional People provided/
Saplings Planted/ 10 Parentless children
and developed for artisans benefitted with
Lakh through community supported with
National and mainstreamed infrastructural
initiatives shelter home
International arena through various development facilities
programs

4000+ 900+ 370+ 250+ 70+

4000 acres catchment Youths including Grass root level

area of Watershed women players change makers Kilometres roads laid Senior citizens
developed and 335 acres supported with mainstreamed for connectivity and provided with
of WADI land coaching and through Swayamsiddh linkage nourishment care
reclamation nutrition care Samman

60
 HEALTH & SAFETY BEST PRACTICES

SAFETY INDUCTION ON-THE-JOB SAFETY TRAINING

SAFETY REVIEWS SAFETY AUDITS / INSPECTIONS

61
 HEALTH & SAFETY BEST PRACTICES

TOOL BOX MEETINGS SAFETY AWARDS/REWARDS

MEDICAL EXAMINATIONS/ WORLD CLASS PPEs MOCK DRILLS

62
 RECENT AWARDS & RECOGNITIONS
• Prestigious Award for Achievement in Supply of Railway Tracks, Rail Analysis Award 2019
• JSPL was awarded “FICCI CSR Award “ for Women Empowerment 2019
• JSPL was awarded “Platinum Award “ for Health & Safety Excellence at the Apex India Excellence Award 2018-19
• JSPL was awarded “Odisha Excellence Award, 2018”, for its sustainable social development in the state.
• Jindal Panther was awarded “Iconic Brand of the Year” by Economic Times
• Jindal Panther bagged “India’s Most Trusted Brand Award” organised by IBC Info Media Corp USA
• JSPL honoured with the prestigious Odisha INC Award for its innovative CSR activities in Odisha.
• Mahatma Gandhi CSR Excellence Award and Social Good Awards to JSPL Foundation
• “Grow Care India CSR Awards 2019” JSPL Foundation “Platinum Award 2019” for Metal and Mining Sector.
• UBS Award for Best CSR Impact Award under Steel and Energy Sector .
• Award of Appreciation from Jharkhand State AIDS Control Society – Significant contribution in Voluntary Blood Donation.
• JSPL Foundation Co-Chairperson Smt. Shallu Jindal has been honoured with Best CSR Practices Award 2019 in Social
Entrepreneurship for her contribution to the society as well as art and culture of India.(She received the award from Life
University Founder & Chairman Dr. Newton Kondaveti and Dr. Lakshmi Kondaveti at the 9th Best CSR Practices Award
Ceremony organized by CMO Asia at Singapore)
• JSPL Foundation's Chairperson Smt. Shallu Jindal has been awarded with the Golden Peacock Award for Social & Cultural
Leadership 2019. The award was presented for her relentless efforts in promoting public health, education, and
vocational skills in rural India.

63
For any information please contact: -

Mr. Nishant Baranwal – Head, Investor Relations

Tel : +91 11-41462198
Mobile:+91 8800690255
Email: - nishant.baranwal@jindalsteel.com

Mr. Gourav Sancheti – Asst. Manager, Investor Relations

Tel : +91 124-6612317
Mobile:+91 9038240683
Email: - gourav.sacheti@jindalsteel.com

64
 DISCLAIMER
This presentation may contain certain forward looking statements concerning Steel & power
sector , Economy and JSPL’s future business prospects and business profitability, which are
subject to a number of risks and uncertainties and the actual results could materially differ from
those in such forward looking statements.
The risks and uncertainties relating to these statements include, but are not limited to, risks and
uncertainties regarding fluctuations in earnings, our ability to manage growth, competition
(both domestic and international), economic growth in India and the target countries for
exports, ability to attract and retain highly skilled professionals, time and cost over runs on
contracts, our ability to manage our international operations, government policies and actions
with respect to investments, fiscal deficits, regulations, etc., interest and other fiscal costs
generally prevailing in the economy. Past performance may not be indicative of future
performance. We do not undertake to update our forward-looking statements.
This presentation is not intended, and does not, constitute or form part of any offer, invitation or
the solicitation of an offer to purchase, otherwise acquire, subscribe for, sell or otherwise
dispose of, any securities in JSPL or any of it’s subsidiary undertakings or any other invitation or
inducement to engage in investment activities, neither shall this presentation nor the fact of it’s
distribution form the basis of, or be relied on in connection with, any contract or investment
decision. Few numbers in this presentation are purely indicative & provisional and could change
later. Estimates regarding economy, steel & power sector , company and related areas are purely
indicative and could change with market conditions and host of other factors.
65
To the Taskforce guarding INDIA against the Corona Virus Pandemic

Thank You !