FY 2019-20 summary
Continued recognition in quality
JSW Salem Works awarded the prestigious Deming Prize for outstanding practices in continuous improvement (one among five plants globally to receive the recognition)
Pursuing inorganic growth
Completed the acquisition of Vardhman Industries Limited (VIL), further enriching product mix
Progressing on backward integration
- Operationalised all six captive iron ore mines in Karnataka and declared preferred bidder for three more mines, contributing to iron ore security of ~30% for Vijayanagar Works
- Emerged preferred bidder for four iron ore mines in Odisha
- Combined reserves ~1.2 billion tonnes
Pledging our support
JSW Group pledged to contribute
`100 crore to
PM CARES Fund and community assistance to
fight
COVID-19
We effectively utilised our
resources and delivered
production at scale
16.06 MnT
CRUDE STEEL PRODUCED
(97% OF GUIDANCE MET, DESPITE
EXTERNALLY CAUSED DISRUPTIONS)
~48%
CONTRIBUTION OF VALUE-ADDED AND
SPECIAL PRODUCTS (VASP)
89%
CAPACITY UTILISATION
We maintained industry-leading profitability, despite a challenging macro environment
` 73,326 crore
TOTAL REVENUE FROM OPERATIONS
` 11,873 crore
OPERATING EBITDA
` 3,919 crore
NET PROFIT
` 7,971/US$ 112
EBITDA PER TONNE
We continued investing in our growth projects, social responsibility and R&D initiatives
` 10,200 crore
CAPEX SPEND
` 152 crore
CSR SPEND
` 56 crore
R&D SPEND
We rationalised our cost structure and implemented efficiency-enhancing initiatives
US$ 117
CONVERSION COST/TONNE
` 450 crore
SAVINGS FROM DIGITALISATION PROJECTS
And delivered strongly on Environmental, Social and Governance (ESG) parameters
~5.5 lakh
DIRECT AND INDIRECT CSR BENEFICIARIES
RECOGNISED AS SUSTAINABILITY CHAMPIONS FOR 2019 BY WORLDSTEEL FOR THE SECOND CONSECUTIVE YEAR
AWARDED S&P PLATTS GLOBAL METAL AWARD FOR IMPACTING OVER 1 MILLION LIVES THROUGH CSR EFFORTS
RANKED AT 'MANAGEMENT' LEVEL BY CDP