Shahmurad Sugar Mills Limited · PSX:SHSML
Shahmurad Sugar Mills — Investor Presentation (February 2025)
35 slides from Shahmurad Sugar Mills's investor presentation, Feb 25, 2025
Slide 1: Shahmurad Sugar Mills Ltd Corporate Briefing 2023-2024
SHAHMURAD SUGAR MILLS LTD CORPORATE BRIEFING 2023-2024 Dated 25-02-2025
Slide 2: Important Disclaimer
IMPORTANT DISCLAIMER THIS PRESENTATION IS NOT AN OFFER OR SOLICITATION OF AN OFFER TO BUY OR SELL ANY SECURITIES OR ANY INVESTMENT. This presentation has been prepared Shahmurad Sugar Mills Limited {"Shahmurad Sugar Mills”} solely for information purposes. No representation or warranty express or im
Slide 3: Contents
Contents 1. Group Profile 2. Company Profile 3. Directors Profile 4. Business Segments 5. Capacity and Production Analysis 6. Analysis of Financial Results 7. Key Financials Indicators 8. Value Additions 9. Shareholders Value 10.Future Outlook 11.Q & A Session 12.Thank You
Slide 4: Group Profile
Group Profile Al-Noor Group The Al-Noor Group first began trading activities in the late nineteen century in Mauritius. In 1897 sugar manufacturing facilities on a very small scale were opened in Mauritius and thereafter offices in India, Sri Lanka and Burma were established to handle trading of sug
Slide 5: Group Profile
Group Profile Al-Noor Group In 1984 the Group established Reliance Insurance Company Limited. In 1987 the Al-Noor Medium Density Fiber (MDF) Board Industries (known as Lasani), was established as a unit of Al-Noor Sugar. The unit has since expended in MDF laminates and continues to expand in various
Slide 6: Company Profile
Company Profile The Company was incorporated in Pakistan under the repealed Companies Act 1913 (now Companies Act, 2017) as a public limited company. Its shares are quoted at the Pakistan Stock Exchange Limited. The Company owns and operates Sugar and Ethanol manufacturing units which are located a
Slide 7: Directors Profile
Directors Profile Mr. Noor Mohammad Zakaria Mr. Noor Mohammad Zakaria is the Director with over 47 years of diversified Trading and Industrial experience including operations. Mr. Zia Zakaria Mr. Zia Zakaria is the Director with over 28 years of Industrial experience including operations specifically
Slide 8: Directors Profile
Directors Profile Mr. Asad Ahmed Mohiuddin Mr. Asad Ahmed Mohiuddin completed his Bachelor of Engineering degree from the Florida Institute of Technology in Chemical Engineering in 2011. He returned back to Pakistan and has dedicated his time on material sciences with the Al-Noor MDF Board Division
Slide 9: Directors Profile
Directors Profile Mr. Sheikh Asim Rafiq Mr. Sheikh Asim Rafiq is a Fellow member of the Institute of Chartered Accountants of Pakistan. He has over 20 years diversified experience in accounting & audits, strategy and financial planning, taxation, software/ERP development and implementation, corporat
Slide 10: Business Segments: Plant Capacity and Production
Business Segments Sugar Ethanol PLANT CAPACITY AND PRODUCTION Cane Crushing Capacity of 11000 250,000 liters/200 MT M.Tons per day production of Ethanol per day
Slide 11: Sugar and Ethanol Division Production Data
Sugar Division - Production - Data 2020 2021 2022 2023 2024 Crushing (M.Tons) 444,430 441,293 601,695 567,913 654,604 Sugar Production (M.Tons) 48,786 47,220 66,683 60,303 71,905 Recovery % 11.00 10.70 11.08 10.60 10.98 Ethanol Division - Production - Data 2020 2021 2022 2023 2024 Ethanol Production
Slide 12: Sugar – Crushing Data – M.Tons
Sugar – Crushing Data – M.Tons 700,000 654,604 601,695 600,000 567,913 500,000 444,430 441,293 400,000 300,000 200,000 100,000 2020 2021 2022 2023 2024
Slide 13: Sugar – Production Data in M.Tons
Sugar – Production Data in M.Tons 80,000 71,905 70,000 66,683 60,303 60,000 50,000 48,786 47,220 40,000 30,000 20,000 10,000 2020 2021 2022 2023 2024
Slide 14: Sugar – Recovery Trend in %
Sugar – Recovery Trend in % 11.20 11.05 11.08 11.00 10.98 10.90 10.75 10.70 10.60 10.60 10.45 10.30 10.15 10.00 2020 2021 2022 2023 2024
Slide 15: Ethanol – Production Data in M.Tons
Ethanol – Production Data in M.Tons 80,000 69,752 69,738 70,000 59,967 60,000 50,000 47,608 42,643 40,000 30,000 20,000 10,000 2020 2021 2022 2023 2024
Slide 16: Analysis of Financial Results
Analysis of Financial Results Rupees in millions 2023 2024 STATEMENT OF PROFIT OR LOSS Rs. % Rs. % HORIZONTAL ANALYSIS Turnover 22,884.47 28.52 25,737.19 12.47 Cost of sales (17,246.00) 20.13 (23,555.77) 36.59 Gross Profit 5,638.47 63.37 2,181.42 (61.31) Distribution costs (176.76) 24.40 (151.58) (1
Slide 17: Analysis of Financial Results
Analysis of Financial Results Rupees in millions STATEMENT OF PROFIT OR LOSS 2023 2024 VERTICAL ANALYSIS Rs. % Rs. % Turnover 22,884.47 100.00 25,737.19 100.00 Cost of sales (17,246.00) (75.36) (23,555.77) (91.52) Gross Profit 5,638.47 24.64 2,181.42 8.48 Distribution costs (176.76) (0.77) (151.58)
Slide 18: Analysis of Financial Results
Analysis of Financial Results STATEMENT OF FINANCIALS POSITION Rupees in millions HORIZONTAL ANALYSIS 2023 2024 ASSETS Rs. % Rs. % NON CURRENT ASSETS Property, plant and equipment 10,859.04 95.62 10,770.74 (0.81) Intangible assets 0.00 0.00 0.00 0.00 Long term investment 0.97 (11.01) 1.21 24.54 Long
Slide 19: Analysis of Financial Results
Analysis of Financial Results STATEMENT OF FINANCIALS POSITION Rupees in millions HORIZONTAL ANALYSIS 2023 2024 Rs. % Rs. % EQUITY AND LIABILITIES SHARE CAPITAL AND RESERVES Issued, subscribed and paid up capital 211.19 0.00 211.19 0.00 General reserves 80.00 0.00 80.00 0.00 Shares of associate's un
Slide 20: Analysis of Financial Results
Analysis of Financial Results STATEMENT OF FINANCIALS POSITION Rupees in millions VERTICAL ANALYSIS 2023 2024 ASSETS Rs. % Rs. % NON CURRENT ASSETS Property, plant and equipment 10,859.04 48.05 10,770.74 49.33 Intangible assets 0.00 0.00 0.00 0.00 Long term investment 0.97 0.00 1.21 0.01 Long term l
Slide 21: Analysis of Financial Results
Analysis of Financial Results STATEMENT OF FINANCIALS POSITION Rupees in millions VERTICAL ANALYSIS 2023 2024 EQUITY AND LIABILITIES Rs. % Rs. % SHARE CAPITAL AND RESERVES Issued, subscribed and paid up capital 211.19 0.93 211.19 0.97 General reserves 80.00 0.35 80.00 0.37 Shares of associate's unre
Slide 22: Key Financials Indicators
Key Financials Indicators Gross Profit Margin % Sales 24.64% 19.38% 14.28% 7.67% 8.48% 2020 2021 2022 2023 2024 EBITDA Margin % sales 25.27% 14.79% 15.77% 10.27% 10.24% 2020 2021 2022 2023 2024
Slide 23: Key Financials Indicators
Key Financials Indicators Return on Equity % (Net) 27.45% 27.70% 15.91% 2.91% 0.45% 2020 2021 2022 2023 2024 Return on capital employed % 35.9% 35.8% 21.4% 14.1% 11.8% 2020 2021 2022 2023 2024
Slide 24: Key Financials Indicators
Key Financials Indicators Current Ratio 1.65 1.58 1.55 1.60 1.55 1.50 1.45 1.40 1.35 1.30 1.25 1.21 1.20 1.15 1.11 1.08 1.10 1.05 1.00 0.95 0.90 2020 2021 2022 2023 2024 Debt Equity Ratio 40.00 34.61 30.00 24.04 20.00 10.00 6.42 3.18 3.95 0.00 2020 2021 2022 2023 2024
Slide 25: Key Financials Indicators
Key Financials Indicators Debt Equity in % 100% 90% 80% 70% 60% 4,779 4,661 6,015 50% 13,819 11,720 Equity Debt 40% 30% 20% 10% 1,504 1,181 936 0% 575 339 2020 2021 2022 2023 2024
Slide 26: Key Financials Indicators
Key Financials Indicators Fixed Assets Turnover Ratio 3.40 3.21 3.15 2.90 2.65 2.39 2.40 2.11 2.07 2.15 1.89 1.90 1.65 1.40 2020 2021 2022 2023 2024 Assets Turnover Ratio 1.50 1.36 1.25 1.18 0.99 1.00 1.01 1.00 0.75 2020 2021 2022 2023 2024
Slide 27: Value Additions
Value Additions STATEMENT OF VALUE ADDITION Rupees in Millions Rupees in Millions 2024 % 2023 % WEALTH GENERATED Revenue 28,014.32 24,344.69 Expenses 23,254.16 17,162.17 Wealth generated 4,760.16 100.00 7,182.52 100.00 WEALTH DISTRIBUTED To Government Sales Tax, Income Tax, Road Cess, WWF 2,073.30 4
Slide 28: Value Additions - 2024
Value Additions - 2024 Retained with business 613.08 13% Shareholders as Dividend 0.00 0% Sales Tax, Income Tax, Road Cess, WWF 2,073.30 43% Finance cost on borrowed funds 1,650.04 35% Salaries, WPPF, Benefits and others 423.74 9%
Slide 29: Value Additions - 2023
Value Additions - 2023 Sales Tax, Income Tax, Road Cess, WWF 1,368.76 19% Retained with business Salaries, WPPF, 3,131.09 Benefits and others 44% 613.87 8% Finance cost on borrowed funds 1,012.86 Shareholders as 14% Dividend 1,055.94 15%
Slide 30: Investor Relations
Investor Relations Share Regsistrar C & K Management Associates (Pvt.) Ltd M-13, Progressive Plaza, Civil Lines Quarter, Near P.I.D.C Beaumount Road Karachi 2020 2021 2022 2023 2024 Number of Shares (Issued/ Paid-up) 21118663 21118663 21118663 21118663 21118663 Earning per share 36.00 6.42 78.17 181
Slide 31: Future Outlook
FUTURE OUTLOOK Rupees in millions STATEMENT OF PROFIT OR LOSS 2023 2024 October to December October to December VERTICAL ANALYSIS Rs. % Rs. % Turnover 6,993.41 100.00 5,900.62 100.00 Cost of sales (5,647.34) (80.75) (5,469.80) (92.70) Gross Profit 1,346.07 19.25 430.81 7.30 Distribution costs (35.04
Slide 32: Future Outlook
FUTURE OUTLOOK December-23 December-24 Actual Crushing (M.Tons) 174,715 68,677 Sugar Production (M.Tons) 15,815 5,440 Recovery % 10.41 10.06 Ethanol Production (M.Tons) 12,651 14,867
Slide 33: Future Outlook
FUTURE OUTLOOK The sugar division of the Company produced sugar up to the end of January crushed 268,112 M.Tons (463,955 M.Tons January, 2024) with an average sucrose recovery of 10.03% (10.73% January, 2024) and produced sugar of 24,930 (48,095 M.Tons January, 2024) M.Tons. The ethanol division of
Slide 34: Q & A Session
Q & A Session
Slide 35: Thank You
Thank You
Shahmurad Sugar Mills — Investor Presentation (February 2025) on 6ix