Rounaq Bakshi notes

  https://youtube.com/shorts/-EIijXWtC2s?si=JjG5vzunlwfTz9Bv Vedanta  Limited will continue to house HZL and be an incubator for new and small businesses   Will continue to house  Vedanta ’s holding in Hindustan Zinc 64.92% in   Hindustan Zinc ( co. market cap 1,28,000 cr) Will act as incubator for new and small businesses Initially will retain Hindustan Zinc  World’s largest underground zinc-lead mine at Rampura Agucha, India  5th largest silver producer in the world  Zinc India has an R&R of 460 million tonnes with a mine life of 25+ years  Smelters: Chanderiya (675 KTPA), Dariba (360 KTPA), Debari (88 KTPA)  Mines: Rampura Agucha, Zawar, Rajpura Dariba, Kayad and Sindheswar Khurd  Power Assets: Captive Power: 505 MW; 274 MW wind power capacity; 41 MW solar power; 41 MW WHRB power  Stainless oriented business operation  FACOR:  o Charge chrome plant of 80 KTPA and captive power plant of 100 MW  Ni...

  https://youtube.com/shorts/FRShtsuXuaA?si=Mp4d35vbd_PSUjiI Vedanta  Base Metals overview   Exposure to high-quality multinational, scalable assets 1 producing copper and zinc vital for energy transition   Highly scalable portfolio of multinational futurefacing assets critical for the world's energy transition needs   Diverse base and precious metal portfolio with one of the largest copper production capacity COPPER –   Tuticorin Smelter Capacity: 400 KTPA; 160 MW CPP   Silvassa Refinery Capacity: 216 KTPA   Tuticorin smelter and refinery are currently not operational  VZI – Zinc International has an R&R of more than 659 million tonnes supporting mine life in excess of 20 years Gamsberg Operations:  o One of the world's largest Zinc deposits  o Phase 1 → 250 KTPA MIC capacity  BMM Operations:  o Underground mining o 75 KTPA MIC capacity  FUJAIRAH –  o Copper Refinery capacity – ...

  https://youtube.com/shorts/Z1o61rLZdJ4?si=fjLXUHAKM_2nh_wp Vedanta  Oil & Gas overview  Largest private O&G producer in India; Uniquely positioned to capitalize on import substitution   India’s largest private O&G producer with target to supply 50% of India’s crude, as part of the country’s target for energy self reliance Significant scope for growth through exploration, digital and tech. Cairn is running the largest exploration project in India with 41 simultaneously explored project blocks  Cairn is India’s largest private oil and gas producer contributing 25% of domestic crude production    Poised to boost India’s self reliance in energy with current imports over 80% in oil & gas    

  https://youtube.com/shorts/1SEUTxC-cnw?si=lf3nXEyHVbbg-Vwy Vedanta  Aluminum overview  Exposure to India’s largest aluminium producer with significant scope for growth and GREEN METAL upside Poised to capitalise on strong aluminium demand growth (40% by 2030 ) supported by energy transition    On the path to become top 3 Aluminium producer globally (ex-China)    Largest installed total aluminium capacity in India at 2.4 MTPA  Integrated 5 GW Power & 2 MTPA Alumina refinery  41% market share in India among primary aluminium producers     Captive Coal Mines:  o Operational: Chotia (1 mtpa), Jhamkhani (2.6 mtpa)  o Yet to be operationalised: Kurloi (8 mtpa), Radhikapur (6 mtpa), Ghogarpalli (20 mtpa)  Captive Bauxite mine: Sijamali mine (yet to be operationalize)  Diverse product portfolio – ingots, wire rods, primary foundry alloy, rolled products, billet and slab  

  https://www.youtube.com/shorts/J3P_JuH1-M0 Vedanta  Steel and Ferrous overview High-quality, multinational iron ore business and an integrated, scalable platform  Electro Steel Ltd –  o Capacity expansion to 3 MTPA  o Largely long steel products  o Growth plan for 15 MTPA GREEN STEEL expansion  Iron Ore Karnataka –  o R&R of 129 MT1 , 9 years LOM2  o 7.2 MTPA environmental clearance  Liberia (WCL) o Current operating capacity of c.1.5 MTPA  o ~4bn tonnes of iron ore resources Value Added Business (VAB) –  o 3 blast furnaces (1 MTPA), 2 coke oven batteries (0.5 MTPA) and 2 power plants (65 MW) and one merchant coke plant of capacity 0.1 MTPA  SESA VAZARE  – o Installed met coke capacity of 108 KTPA  SESA GUJRAT (GNRE)  – o Installed met coke capacity of 0.6 MTPA     Significant investment upside with Iron ore business plans to scale production to 13 Mn tons by 2025 backed by robust Indian...

  https://youtube.com/shorts/PuBnbRfu7L8?si=nA-5aGZLKxUYgpyM Vedanta  Power overview One of largest independent power platforms with combined capacity of up to 4.8 GW  Exposure to 5 GW potential power business, one of India’s largest private power suppliers providing 30% of the power of the state of Punjab   Poised to be India’s 4th largest private sector IPP capacity   Jharsuguda IPP: 600 MW o Long-term PPA with GRIDCO with a tenure of 25 years, expiring in FY 2037  Athena: 1200 MW o Recently acquired business; to be commissioned in FY25  Meenakshi: 1000 MW o In the process of being acquired

https://youtube.com/shorts/HGH_QBo9mJE?si=SYuu9eZKKkKm6EgT   https://youtube.com/shorts/7sdsiH39Cgk?si=2QsgXq6rjoic8gok SBI 's total domestic advances were 28 trillion rupees as  of  June 30. Over 80%  of   SBI 's retail loans are to its salary-account holders, giving it greater visibility on a borrower's cash flow At 14.56%,   SBI   is adequately capitalised, adding   SBI   will ensure capital is not a constraint to supporting balance sheet growth. Analysts have often said   SBI , with a market capitalisation   of   5.08 trillion rupees, is undervalued since its share price does not capture the value   of   its subsidiaries. "The valuation  of  the top four or five entities is about 2.5-3 trillion (rupees) ...  of  both listed and unlisted companies," Q2 Net NPA ratio at 0.64% improved by 16bps YoY. Credit growth at12.39%YoY with Domestic Advances growing by 13.21% YoY Bank ’s ROA and ROE for the ...

  https://youtube.com/shorts/FRShtsuXuaA?si=2rCbIdFfwZKf_cb3 Post spinoff of Vedanta: Vedanta   Base   Metals overview   Exposure to high-quality multinational, scalable assets 1 producing copper and zinc vital for energy transition   Highly scalable portfolio of multinational future facing assets critical for the world's energy transition needs   Diverse  base  and precious metal portfolio with one of the largest copper production capacity COPPER –  Tuticorin Smelter Capacity: 400 KTPA; 160 MW CPP  Silvassa Refinery Capacity: 216 KTPA  Tuticorin smelter and refinery are currently not operational  VZI – Zinc International has an R&R of more than 659 million tonnes supporting mine life in excess of 20 years Gamsberg Operations: o One of the world's largest Zinc deposits  o Phase 1 → 250 KTPA MIC capacity  BMM Operations: o Underground mining o 75 KTPA MIC capacity  FUJAIRAH –  Copper Refine...

 1.  https://youtube.com/shorts/S_JA4_brwCc?si=EvxBey_GKm0w9tvG 2.  https://youtu.be/nXV9kSXPzuM?si=It1KddnnkDakIDh6 About Macro: If the economy has to go from $4 trillion to $10 trillion, we need more players in this sector. The way India is growing and offering opportunities for growth is amazing; we are well positioned in this sector in the country. There is enough (for everyone) and everyone can grow very, very robustly in this sector. Thermal energy consumption in India will peak by 2050, despite the push for green energy. This leaves a good two to three decades for coal demand to grow in India About JSW Infra: JSW Infrastructure is a port-related infrastructure company which received initial cargo from the JSW Group as an anchor customer JSW infrastructure is India’s second largest port operator in terms of cargo handling capacity as of FY23 As of June 30, 2023, the company’s installed cargo handling capacity was 158.43 million tonnes per annum. The company provides...