Dwarikesh Sugar Industries Ltd. · NSE:DWARKESH
Dwarikesh Sugar Industries — Q3 FY2019 Earnings Presentation
28 slides from Dwarikesh Sugar Industries's earnings presentation, Feb 5, 2019
Slide 1: Regulation 30 Investor Presentation Cover Letter
' / DWARIKESH SUGAR INDUSTRIES LIMITED Corp. Off.: 511, Maker Chambers V, 221, Nariman Point, Mumbai - 400 021. Tel.: 2283 2486, 2204 2945 Fax: 2204 7288 E-mail : dsilbom@dwarikesh.com • Website : www.dwarikesh.com • GIN : L 15421UP1993PLC018642 February OS- . 2019 REF: DSIL/2018-19 /50$. Corporate
Slide 2: Dwarikesh Sugar Industries Limited Investor Update - Q3FY19
Dwarikesh Sugar Industries Limited Investor Update- Q3FY19
Slide 3: Safe Harbour Statement
Safe Harbour Statement This presentation and the accompanying slides (the “Presentation”), which have been prepared by Dwarikesh Sugar Industries Ltd (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subsc
Slide 4: Q3FY19 Conference Call Invite
Q3FY19 Conference Call Invite
Slide 5: Business Overview
Business Overview
Slide 6: At a Glance
At a Glance ● 3 Plants located in UP-India’s largest sugar producing state ● 2 Plants located in Bijnor District– a District with focused concentration on cane production on highly fertile & well-irrigated land ● Plant at Bareilly – the low-lying Ganges plains district with fertile alluvial soil Dwa
Slide 7: Operations Overview
Operations Overview Farmers Molasses (around 113,000) (External Sales) Industrial Alcohol Cane Development Sugarcane Molasses Distillery (30,000 LPD at & Marketing Dwarikesh Nagar) Clarification Dwarikesh Sugar Crushing Sugarcane Sugar Evaporation Industries Ltd. (3 facilities) Juice Crystallization
Slide 8: Key Management Personnel
Key Management Personnel ● Founder and Promoter ● Executive Chairman since January ● MD since April 2018 ● MD, CS cum CCO since 2019 ● Qualified Chartered April 2018 ● Commerce graduate & ICWA Inter Accountant ● Associated with the ● Received ‘Indira Gandhi ● Associated with the company since 1994 P
Slide 9: Key Milestones
Key Milestones Set up DN Distillery with 30,000 LPD Debottlenecking of capacity; Commenceme DN Distillery by Distillery capacity DN Crushing capacity Commissioned Dwarikesh Puram (DP) nt of surplus commissioning under expansion. reached 6,500 TCD; plant with crushing capacity of power supply Biometh
Slide 10: Business Strategy
Business Strategy We are currently one of the most efficient integrated sugar companies in Uttar Pradesh. We plan to further improve on our performance matrices while continuing with our best practices ● Continue educating farmers on best farming practices, high ● Focus on cost control through Cost
Slide 11: Strong Relationship with farmers
Strong Relationship with farmers Cane Development ● Dedicated cane department to supervise cane development and procurement ● ‘Kisan Sewa Kendra’ for promotion of high yield seed varieties (e.g.: Co 0238) and more efficient pesticides ● Monitoring harvesting program to obtain desired quality and qua
Slide 12: Q3FY19 Financial Performance
Q3FY19 Financial Performance
Slide 13: Performance Highlights
Performance Highlights In INR Crores Q3 FY 19 Q3 FY 18 9M FY 19 9M FY 18 FY 18 Total Income 263.61 281.29 906.13 1121.64 1475.76 EBIDTA 42.65 34.71 109.16 167.64 159.97 PAT 23.93 21.30 62.76 110.66 101.45 In INR Q3 FY 19 Q3 FY 18 9M FY 19 9M FY 18 FY 18 EPS 1.27 1.13 3.33 5.88 5.39
Slide 14: Quarterly Trends
Quarterly Trends 3543.1 14.23% 3112.3 9.89% 2728.0 2319.8 347.10 426.50 Q3FY18 Q3FY19 Q3FY18 Q3FY19 Revenue from Operations ( millions) EBIDTA (millions) EBIDTA Margin Average Sugar Realization INR/Quintal 9.08% 7.57% 213.04 239.30 Q3FY18 Q3FY19 PAT (Million) PAT Margin
Slide 15: Summary Financials (9MFY19)
Summary Financials (9MFY19) 15.51% 9.87% 12.51% 6.93% 1676.4 1091.6 10805.9 8728.9 1106.57 627.61 9MFY18 9MFY19 9MFY18 9MFY19 Revenue from Operations - External (INR Million) PAT(Million) EBITDA (INR Million) PAT Margin EBIDTA Margin
Slide 16: Summary Financials
Summary Financials Q3FY19 Q3FY18 9MFY19 9MFY18 FY18 INCOME Revenue from operations ( net of ED in previous periods) 2,319.8 2,728.0 8,728.9 10,805.9 14,299.5 Other income 316.3 84.9 332.4 127.2 174.8 Total Revenue 2,636.1 2,812.9 9,061.3 10,933.1 14,474.3 EXPENDITURE Cost of material consumed 2,915.
Slide 17: Operational Trends
Operational Trends
Slide 18: Sugar - Quarter Performance
Sugar - Quarter Performance 3543.1 4.0% 3112.3 2737.0 2294.7 101.7 666.0 636.7 Q3FY18 -11.9 Q3FY19 -0.4% Q3FY18 Q3FY19 Revenue from Operations (INR Million) Sugar Sold('000 Quintals) EBITDA (INR Million) Average Realization(INR/Quintal) EBIDTA Margin Revenue from operation including internal revenue
Slide 19: Sugar – Nine-monthly Performance
Sugar – Nine-monthly Performance 11.0% 3597.0 2981.8 4.0% 1192.7 10768.7 8539.5 376.9 2791.0 2660.4 9MFY18 9MFY19 9MFY18 9MFY19 Sugar Sold('000 Quintals) Revenue from Operations (INR Million) Average Realization(INR/Quintal) Revenue from operation including internal revenue
Slide 20: Distillery - Quarter Performance
Distillery - Quarter Performance 43.5 119.0% 31.5 87.0% 0.7 1.2 21.2 25.3 50.0 43.6 Q3FY18 Q3FY19 Q3FY18 Q3FY19 Revenue from Operations (INR Million) Industrial Alcohol Sold (Mn L) EBITDA (INR Million) Average Realization(INR/L) EBIDTA Margin Salient Features: •Products include rectified spirit and
Slide 21: Distillery – Nine-monthly Performance
Distillery – Nine-monthly Performance 39.1 71.0% 41.0% 37.8 4.1 6.5 153.8 63.8 255.0 181.4 9MFY18 9MFY19 9MFY18 9MFY19 Industrial Alcohol Sold (Mn L) Revenue from Operations (INR Million) EBITDA (INR Million) Average Realization(INR/L) EBIDTA Margin Salient Features: •Products include rectified spir
Slide 22: Cogeneration – Quarter Performance
Cogeneration – Quarter Performance 68.2 44% 55.4 43% 4.8 5.0 107.0 84.8 751.1 333.7 651.8 281.2 Q3FY18 Q3FY19 Q3FY18 Q3FY19 Power Generated (Mn Units) Revenue from Operations (INR Million) Average Realization (INR/Unit) EBITDA (INR Million) Power Exported (Mn Unit) EBIDTA Margin Salient Features: •G
Slide 23: Cogeneration – Nine-monthly Performance
Cogeneration – Nine-monthly Performance 41% 103.6 96.2 39% 151.7 4.8 163.0 5.0 1088.7 419.9 1289.8 533.3 9MFY18 9MFY19 9MFY18 9MFY19 Power Generated (Mn Units) Revenue from Operations (INR Million) Average Realization (INR/Unit) EBITDA (INR Million) Power Exported (Mn Unit) EBIDTA Margin Salient Fea
Slide 24: Annexure - Facilities
Annexure - Facilities
Slide 25: Dwarikesh Nagar Facility (Bijnor District)
Dwarikesh Nagar Facility ( Bijnor District ) Sugar Plant Overview Distillation House & Multi-Effect Evaporator Bagasse Silos & Feeders of Boiler Continuous Pan
Slide 26: Dwarikesh Nagar Facility (Bijnor District)
Dwarikesh Nagar Facility ( Bijnor District ) Juice Evaporator Centrifugal Station Cogeneration Control Panel Switch Yard
Slide 27: Dwarikesh Nagar Facility (Bijnor District)
Dwarikesh Nagar Facility ( Bijnor District ) Facility Overview 24 MW TG Set Pan Station Clarification Section
Slide 28: Thank you
Thank you Vijay S Banka Kailash Yevale Managing Director Adfactors PR Private Limited Dwarikesh Sugar Industries Limited Tel: 022 67574347 Email: vsbanka@dwarikesh.com Email: kailash.yevale@adfactorspr.com
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