Mirpurkhas Sugar Mills Limited · PSX:MIRKS
Mirpurkhas Sugar Mills — FY2024 Earnings Presentation
26 slides from Mirpurkhas Sugar Mills's earnings presentation, Feb 24, 2025
Slide 1: Corporate Briefing Session
CORPORATE BRIEFING SESSION February 24, 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 by Mirpurkhas Sugar Mills Limited (“Mirpurkhas Sugar Mills ”) solely for information purposes. No representation or warranty express
Slide 3: The Founder
THE FOUNDER Late Mr. Ghulam Faruque (CIE, HPk, OBE) A Visionary and a highly respected name in industrial circles. Spearheaded development of Pakistan’s industry and laid the foundation for the Country’s industrialization. HONOURS CONFERRED • Office of the Order of the British Empire, 1944 • Compani
Slide 4: Group Structure
& Mirpurkhas onvtantFaRvaUE GROUP STRUCTURE Sugar Mills Limited Since its inception, the Ghulam Faruque Group has continuously strengthened and diversified its lines of operations. Faruque (Pvt.) Ltd. is the Parent Company. GHULAM FARUQUE GROUP i UNICOL LIMITED = =e e4 = ¢ ~ Uni€nergY . '
Slide 5: Our Values
& Mirpurkhas Sugar Mills Limited currincoue OUR VALUES GROUP RESPECT QOvUALITY is our way of life is our legacy FAIRNESS OvY NERSHIP is our way of work is our way to success
Slide 6: Geographical Presence
GEOGRAPHICAL PRESENCE Karachi
Slide 7: The Journey
( Mirpurkhas GHULAM FARUQUE Sugar Mills Limited GROUP
Slide 8: The Journey
Mirpurkhas Sugar Mills Limited
Slide 9: Mirpurkhas
Mirpurkhas Sugar Mills Limited
Slide 10: Significant Development & Changes
SIGNIFICANT DEVELOPMENT & CHANGES
Slide 11: Financial Highlights
GHULAM FARUQUE GROUP FINANCIAL HIGHLIGHTS Production Data Sugarcane crushed (M. Tons) Sucrose recovery (%) Sugar production (M. Tons) Molasses production (M. Tons) Paper Production (M. Tons) Sales & Profitability Turnover - net Cost of sales Gross profit Operating profit / (Loss) Profit / (Loss) bef
Slide 12: Quantitative Analysis of Sugar Industry of Pakistan
QUANTITATIVE ANALYSIS OF SUGAR INDUSTRY OF PAKISTAN INCREASE / 2024 2 2023 VARIATION DECREASE Sugarcance Crushing (In Million Tons) 67.65 65.06 2.59 4% Sugar Production (In Million Tons) 6.76 6.66 0.10 2% Sugar Consumption (In Million Tons) Approx. 6.32 5.98 0.34 6% Sucrose Recovery 10.00% 10.23% -0
Slide 13: Quantitative Analysis of the Company – Sugar Segment
QUANTITATIVE ANALYSIS OF THE COMPANY – SUGAR SEGMENT INCREASE / 2024 2023 VARIATION DECREASE Sugarcance Crushing (Ton) 616,102 562,641 53,461 9.50% Sugar Production (Ton) 66,101 59,325 6,776 11.42% Sucrose Recovery 10.73% 10.55% 0.18% 1.71% No. of Days Mill Operated 97 87
Slide 14: Quantitative Analysis of the Company – Paper Segment
QUANTITATIVE ANALYSIS OF THE COMPANY – PAPER SEGMENT
Slide 15: Segment Wise Revenue Break-up
SEGMENT WISE REVENUE BREAK-UP
Slide 16: Statement of Profit or Loss
Statement of Profit or Loss For the year ended September 30, 2024 GHULAM FARUQUE GROUP Turnover - net Cost of sales Gross profit Distribution cost Administrative expenses Other operating expenses Other income Operating profit Finance cost Share of (loss) / profit in associates - net (Loss) / Profit
Slide 17: Statement of Financial Position
Statement of Financial Position & Mirpurkhas Sugar Mills Limited As at September 30, 2024 GHULAM FARUQUE GROUP -------- (Rupees in ‘OO0) -------- ASSETS NON-CURRENT ASSETS Property, plant and equipment 6,633,113 6,846,091 Long-term investments 1,436,726 2,362,945 Long-term loans and deposits 6,168 2
Slide 18: Statement of Financial Position
Statement of Financial Position & Mirpurkhas As at September 30, 2024 Sugar Mills Limited GHULAM FARUQUE “ | 2024 2023 EQUITYANDLIABILITIES (Rupees in ‘000) -------- EQUITY Share capital 665,579 465,579 Reserves 1,170,158 2,964,938 Surplus on revaluation of property, plant & equipment 661,496 661,49
Slide 19: Key Financial Ratios
& Mirpurkhas Sugar Mills Limited sutuae KEY FINANCIAL RATIOS 204 | 023 Performance indicators Profitability Ratios Gross profit ratio (%) 6.85 17.52 Net (loss) / profit to sales (%) (18.56) 10.79 EBITDA margin to sales (%) 5.30 19.43 Operating leverage ratio (times) 8.70 1.78 Return on equity (%) (8
Slide 20: Key Financial Ratios
Mirpurkhas ee KEY FINANCIAL RATIOS Sugar Mills Limited | 204 | 03 Activity/ Turnover Ratios Inventory turnover ratio (times) 4.86 3.37 No. of days in inventory (days) ies 108.33 Debtor turnover ratio (times) 5.39 9.99 No. of days in receivables (days) 67.74 36.55 Creditor turnover ratio (times) 34.0
Slide 21: Key Financial Ratios
comer KEY FINANCIAL RATIOS 2024 | 2023 (39.17) GROUP Investment/ Market Ratios Earnings per share - basic ** Price earning ratio ** Price to Book ratio Cash Dividend yield ratio Dividend payout ratio Dividend cover ratio Cash dividend per share* Bonus Share* Market price per share: - Closing - High
Slide 22: Quantitative Analysis of the Company (For the Quarter)
QUANTITATIVE ANALYSIS OF THE COMPANY (FOR THE QUARTER) INCREASE / Dec 24 Dec-23 VARIATION DECREASE SUGAR DIVISION Sugarcance Crushing (Ton) 207,834 337,963 (130,129) -39% Sugar Production (Ton) 19,557 33,805 (14,248) -42% Sugar Sales (Ton) 14,161 15,364 (1,203) -8% Sucrose Recovery 9.92% 10.26% -0.3
Slide 23: Statement of Profit or Loss for the Quarter Ended December 31, 2024
STATEMENT OF PROFIT OR LOSS FOR THE QUARTER ENDED DECEMBER 31, 2024.
Slide 24: Statement of Financial Position as at December 31, 2024
STATEMENT OF FINANCIAL POSITION AS AT DECEMBER 31, 2024.
Slide 25: Statement of Financial Position as at December 31, 2024
STATEMENT OF FINANCIAL POSITION AS AT DECEMBER 31, 2024.
Slide 26: Thank You
») & Mirpurkhas Sugar Mills Limited GHULAM FARUQUE GROUP Thank You
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