Avadh Sugar & Energy Ltd. · NSE:AVADHSUGAR
Avadh Sugar & Energy — Q1 FY22 Earnings Presentation
20 slides from Avadh Sugar & Energy's earnings presentation, Aug 3, 2021
Slide 1: Exchange filing cover letter
AAVADH MMA 50612 & ENERGY LTD AVADH/SE/2021-22/26 August 3, 2021 The Manager The Manager Listing Department Listing Department National Stock Exchange of India Limited BSE Ltd. ‘Exchange Plaza’ 1st Floor, New Trading Ring C-1, Block G Rotunda Building Bandra-Kurla Complex P.J. Towers Bandra (E) Dala
Slide 2: Result Presentation | Q1FY22
1 1 Result Presentation | Q1FY22
Slide 3: Agenda
Agenda 1 Q1FY22 Highlights 2 Segmental Performance 3 Industry Updates
Slide 4: Index: Q1FY22 Highlights
Index 1 QI1FY22 Highlights
Slide 5: Capacity Expansion to drive Business Growth
Capacity Expansion to drive Business Growth Distillery capacity Focus on Huge potential to Focus on expansion underway manufacturing B- enhance Operating Strengthening the to expand capacity Heavy ethanol, to Margins and Balance Sheet from 240 KLPD to boost overall Operating 320 KLPD profitability P
Slide 6: Key Business Updates – Q1FY22 (1/2)
Key Business Updates – Q1FY22 (1/2) Sugar Stock as on 30th June 2021, 32.88 lakh quintals. Average domestic sale realization: Q1FY22 Rs. 3,262/- per quintal; Q1FY21 Rs. 3,132/- per quintal. Crushing during Q1FY22 was at 82.04 lakh quintals as compared with 130.3 lakh quintals in Q1FY21. Re
Slide 7: Key Business Updates – Q1FY22 (2/2)
Key Business Updates – Q1FY22 (2/2) Details of Outstanding position Particulars (Rs. In Crores) As on 31st July ‘21 March’21 March’20 Term Loan 617 653 699 Cash Credit 720 720 897 Total Debt 1,337 1,373 1,596 Cane Dues 54 491 556 Total Outside Liability 1,391 1,864 2,152 Reduction in Total Debt
Slide 8: Q1FY22 Result Highlights
Q1FY22 Result Highlights Total Income (Rs. Cr) EBITDA (Rs. Cr) PAT (Rs. Cr) 2,717 267 266 89 2,565 77 70 19 564 619 56 10 Q1FY21 Q1FY22 FY20 FY21 Q1FY21 Q1FY22 FY20 FY21 Q1FY21 Q1FY22 FY20 FY21 7
Slide 9: Profitability Highlights
Profitability Highlights Rs. Crore Q1FY22 Q1FY21 FY21 Total Income 619 564 2,717 Raw Material Cost 483 435 2,128 Employee Cost 23 23 97 Other Expenditure 43 50 226 EBITDA 70 56 266 Depreciation 13 11 49 PBIT 57 45 217 Interest 28 29 116 Profit Before Tax 29 16 101 Tax 10 6 24 Profit After Tax 19 10
Slide 10: Index: Segmental Performance
Index 2 Segmental Performance
Slide 11: Sugar Segment Performance
Sugar Segment Performance Segmental Revenues (Rs. Lakh) Dispatched Qty (In Lacs) PBIT (Rs. Lakh) Q1FY22 57,210 14.86 1,403 Q1FY21 52,697 14.30 1,106 Average Realisation Sugar cane Crushed (Lakh Qtls) Sugar Recovery (%) (Rs/Kg) Q1FY22 82.04 10.91* 32.62 Q1FY21 130.30 11.63 31.32 * Lower due to B heav
Slide 12: Distillery Segment Performance
Distillery Segment Performance Segmental Revenues (Rs. Lakh) PBIT (Rs. Lakh) Q1FY22 10,975 4,673 Q1FY21 8,056 3,259 Total Ethanol Production Average Realization of Ethanol Total Ethanol Sales (Lakh litres) (Lakh litres) (Rs./litre) B C B C B C Q1FY22 205.15 -- 189.47 -- 57.61 -- Q1FY21 92.20 88.15 1
Slide 13: Co-Generation Segment Performance
Co-Generation Segment Performance Segmental Revenues (Rs. Lakh) PBIT (Rs. Lakh) Q1FY22 3,189 53 Q1FY21 3,316 297 Power Sales Average Realization Power Generation (lakh units) (Lakh units) (Rs. Per Unit) Q1FY22 493.86 234.71 3.09 Q1FY21 511.98 279.45 3.00 12
Slide 14: Index: Industry Updates
Index 3 Industry Updates
Slide 15: Global Sugar Industry Updates
Global Sugar Industry Updates As per USDA forecast, global sugar production in SS 21-22 is expected to increase by 6.0 mln tonne to 186 mln tonnes, despite lower production expected from Brazil. The expansion in global production volumes is attributed to higher production in India, European Union (E
Slide 16: Domestic Sugar Industry Updates (1/2)
Domestic Sugar Industry Updates (1/2) Total Acreage under sugarcane: As per industry estimates, the total acreage under sugarcane in the country is estimated to be around 54.55 lakh hectares in SS 2021-22, which is about 3% higher than SS 2020-21 sugarcane area of around 52.88 lakh hectares • Uttar
Slide 17: Domestic Sugar Industry Updates (2/2)
Domestic Sugar Industry Updates (2/2) Exports to Europe (TRQ): The government has permitted export of an additional 3,675 tons of raw/refined sugar under tariff-rate quota to the United Kingdom. Export Subsidy: The Government have reduced export subsidy on Sugar from Rs. 6,000 per ton to Rs. 4,000 p
Slide 18: Structural Changes in Ethanol to Drive Profitability
Structural Changes in Ethanol to Drive Profitability Increase in ethanol capacities to improve credit profile of sugar mills in FY23 •The resultant ramp-up of ethanol supplies augurs well for the credit profile. We expect reduced inventory levels and thereby lowering borrowings and interest costs, t
Slide 19: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Avadh Sugar & Energy Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any s
Slide 20: Let’s Connect
Let’s Connect Mr. Dilip Patodia / Mr. Sudershan bajaj Ms. Pooja Sharma / Ms. Hina Agarwal dilip.patodia@birla-sugar.com / sudershan.bajaj@birla-sugar.com pooja.sharma@stellar-ir.com / hina@stellar-ir.com 9/1,R.N. Mukherjee Road, Kolkata B-612/A, Kanakia Wallstreet, Andheri (East), Mumbai For more in