Despite the challenges induced by the pandemic, we stayed resilient and met our operational guidance to a large extent. Our foresight in properly identifying and addressing the key demand dynamics in domestic and export markets helped us achieve this.
Crude steel production (MnT)
(-6%)
0.93%
Saleable steel sales (MnT)
0.3%
0.24%
We continued to execute our growth strategy while maintaining our leverage under permissible limits, and have managed to enhance our net debt to equity position, while improving our net fixed assets.
Net fixed assets (₹ in crore)
4.7%
2.2%
Net debt-to-equity ratio (times)
We have attained better gearing owing to deleveraging of ₹858 crore during the year.
FY 2020-21 witnessed us significantly enhance the value for our investors and shareholders through robust stock market performance and over 3X dividend payout.
Dividend per share (₹)
225%
23.6%
Book value per share (₹)
28%
15.6%
We were able to navigate through a dynamic and uncertain year by executing our nimble footed marketing strategy, ramp up of production post lockdown, operationalisation of Odisha mines,sale of high-margin product sales and achieve cost reduction. This contributed to a higher topline for the business, while our continued efficiency focus and backward integration have helped maintain costs under control.
Gross turnover (₹ in crore)
10%
5.6%
Operating EBITDA (₹ in crore)
70%
10.6%
Earnings per share (₹)
96%
17.6%
