SECTION B GUJARAT NRE COKE LIMITED 11
A SNAPSHOT Largest independent producer of Metallurgical Coke in India Listed on BSE & NSE, with a market capitalisation of around USD 0.85 billion (No. of shareholders 2 lacs approx.) Profit earning and dividend paying with strong financials and credit rating of AAfor long term borrowing and PR1+ for short term borrowing. Met Coke capacity 1.25 MMTPA, being increased to 4 MMTPA by 2015. The only Indian Company to have exported LAMC from India (to Argentina, Brazil, South Africa & Europe). Strong focus on Environment with ISO 14001:2004 & OHSAS 18001:1999 certification. Rated one of the top 10 company by 10-years profit performance in the latest edition issued by Business Today on India s Most Valuable Companies. Identified as 4th best stock of the decade (CAGR wise) in the latest edition of Times of India, others being Unitech, Aban Offshore, Sesa Goa Received several awards as Super performer, Highest wealth creator, identified as 3rd Best Performing Mid sized company by Business World, environment & safety by various media houses 1 2
Our Presence in India 1 6 5 KANDLA PORT 2 1 Plant at Bhachau, Gujarat GOA PORT NEW MANGALORE PORT 3 4 KRISHNA PATNAM PORT 2 3 4 Plant at Khambalia, Gujarat Plant at Dharwad, Karnataka Proposed Plant, Nayudupeta, Andhra Pradesh 5 Registered Office, Kolkata 6 Corporate Office, Ahmedabad 1 3
GNCL OPERATIONS HARD COKING COAL (NSW, AUSTRALIA) RESOURCES 652 MMT Waste Heat Recovery Power Plants Khambhalia* Bhachau* Dharwad* Total 15 MW 15 MW 30 MW 60 MW LOW ASH METALLURGICAL COKE 1.25 MMTPA Wind Power 87.5 MW KHAMBALIA UNIT 0.358 MILLION MTPA Gujarat NRE Coking Coal Ltd (ASX: GNM) NRE NO. 1 337 million tonnes NRE Wongawilli 258 million tonnes In Australia * Under implementation 14 STEEL UNIT TMT BARS : 0.311 MMTPA In India Coal Washeries Khambalia 0.75 Bhachau 0.75 Dharwad 0.90 BHACHAU UNIT 0.324 MILLION MTPA DHARWAD UNIT 0.25 MILLION MTPA (Leased) DHARWAD UNIT 0. 324 MILLION MTPA 14
GUJARAT NRE COKE LIMITED Listed on NSE & BSE in India 100% Gujarat NRE Limited 7.56% 100% Pike River Coal Ltd. Wonga Coal Pty Ltd 42% 9.71% Coal Mine in New Zealand. Coal offtake for 400,000 MTPA Gujarat NRE Coking Coal Ltd Listed on ASX: GNM 23.53% 12% 100% Rey Resources Ltd Gujarat NRE Resources NL Exploration tenements in Australia, Chile & Peru International 15 Operations NRE No. 1 315 MT 100% Gujarat NRE FCGL Pty Ltd NRE Wongawilli 258 MT 15
BOARD OF DIRECTORS The main promoter of GNCL. Has more than five decades of business experience Mr. Girdharilal Jagatramka Chairman Emeritus Arun Kumar Jagatramka Chairman & Managing Director 25 years of professional and management experience All India 1st rank gold medalist Chartered Accountant Director of Port Kembla Coal Terminal, NSW Mineral Council and Australian Coal Research Association Appointed as an honorary NSW Sydney Ambassador to India Mrs. Mona Jagatramka 10 years of experience in management and administration Active in the management & human resources for Gujarat NRE Group Also on the board of Gujarat NRE Coking Coal Limited Leading medical practioner Past District Governor of Lions Club International Dr. Mahendra Kumar Loyalka 16
17 BOARD OF DIRECTORS (contd..) Mr. Chinubhai R Shah Former President of ICSI At present on the Board of Nirma Ltd., Adani Power Ltd., Cadila Pharmaceuticals Ltd., Apollo Hospitals International Ltd., Gujarat State Electricity Corpn. Ltd., etc. Also the Chairman of India Renal Foundation. Dr. Basudeb Sen Former CMD of IIBI Former Executive Director of UTI Mutual Fund. Holds directorship of various reputed Listed Companies viz. ITC Ltd., South Asian Petrochem Ltd., etc. Mr. Murari Sananguly Former CMD of Kudermukh Iron Ore Company Ltd. Presently on the Board of Coal India Ltd. Mr. Subodh Kumar Agrawal Eminent Chartered Accountant Presently Member of Central Council of ICAI. Chairman, Committee for members in Industry (ICAI)
SHAREHOLDING PATTERN Sl. No. Particulars % of Holding 1 Promoter Group 47.51 2 Banks, Mutual Funds & FIIs 30.04 3 Indian Public and others 22.45 Total 100.00 22% 30% 48% Promoter Group Banks, Mutual Funds & FIIs Indian Public & Others Listed on BSE & NSE Script Code: For Ordinary Equity Shares: BSE 512579 ; NSE - GUJNRECOKE ISIN no. - INE110D01013 For B Equity Shares (DVR Shares) : BSE 570003; NSE - GUJNREDVR ISIN no. - IN9110D01011 Face Value : Rs. 10 per share Market Capitalization: Approx USD 0.85 Billion 18
Rs. In Crores PERFORMANCE OF LAST 5 FINANCIAL YEARS 1600 1400 1200 1000 800 600 400 200 0 Year Ended 31.03.2006 Year Ended 31.03.2007 Year Ended 31.03.2008 Year Ended 31.03.2009 Year Ended 31.03.2010 Turnover EBITA 19
PHENOMENAL INVESTOR RETURNS Financial Year Bonus Ratio Record Date Allotment 1995/96 11:10 26 Nov 1996 23 Dec 1996 2001/02 1:2 30 May 2003 16 Jun 2003 2002/03 1:2 21 Apr 2004 30 Apr 2004 2003/04 1:1 10 Feb 2005 12 Feb 2005 2004/06 1:1 30 Sep 2006 18 Oct 2006 2007/08 2:5 20 Oct 2008 31 Oct 2008 2008/09 1:10 (DVR Shares) 7 May 2010 10 May 2010 Gujarat NRE Coke has been identified as the 4 best stock of the decade (Times of India) If a person would have invested Rs. 1 in this stock on January 3, 2000, his value of investment on December 23, 2009 would be Rs.106 (Source: Economic Times) 20