Dhampur Bio Organics Ltd · NSE:DBOL
Dhampur Bio Organics — Q4 FY24 Earnings Presentation
29 slides from Dhampur Bio Organics's earnings presentation, May 2024
Slide 1: Dhampur Bio Organics Limited Q4 & FY24 Results Presentation
Dhampur Bio Organics Limited A leading integrated sugarcane processing company in India Q4 & FY24 | Results Presentation 1
Slide 2: Safe Harbour Statement
Safe Harbour Statement This presentation is strictly confidential and may not be copied, published, distributed or transmitted. The information in this presentation is being provided by Dhampur Bio Organics Limited (also referred to as the ‘Company’). By attending the meeting where this presentation
Slide 3: Operational Highlights | Q4 & FY24
Operational Highlights | Q4 & FY24 (Standalone Financials) 3
Slide 4: Q4 FY24 Segmental Financials Highlights
Q4 FY24 | Highlights Revenue EBITDA PAT ₹ 594.62 Crore ₹ 87.06 Crore Financials ₹ 41.22 Crore (Q4 FY24) Inc./Dec. Margin Margin -35.19% 14.64% 6.93% Sugar Bio Fuels & Spirits Country Liquor Segmental (Q4 FY24) -45.79% -35.19% 12.32% Revenue Inc./Dec. Revenue Inc./Dec. Revenue Inc./Dec. YoY YoY YoY •
Slide 5: FY24 Segmental Financials Highlights
FY24 | Highlights Revenue EBITDA PAT ₹ 2,361.16 Crore ₹ 161.60 Crore Financials ₹ 48.82 Crore (FY24) Inc./Dec. Margin Margin -10.85% 6.84% 2.07% Sugar Bio Fuels & Spirits Country Liquor Segmental (FY24) -29.40% -7.52% 115.64% Revenue Inc./Dec. Revenue Inc./Dec. Revenue Inc./Dec. YoY YoY YoY • Revenu
Slide 6: Revenue Analysis (Q4 FY24 vs Q4 FY23)
Revenue Analysis (Q4 FY24 vs Q4 FY23) (₹ in Crore) 6 *Others includes other ancillary products
Slide 7: Revenue Analysis (FY24 vs FY23)
Revenue Analysis (FY24 vs FY23) (₹ in Crore) 7 *Others includes other ancillary products
Slide 8: Key Financials – Q4 & FY24
Key Financials – Q4 & FY24 (₹ in Crore) Revenue from Operations EBIT & EBIT Margin (%) PAT & PAT Margin (%) 2,648.60 2,361.16 12.24% 200.00 14.00% 120.00 20.00% 180.00 11.19% 12.00% 100.00 18.00% 172.59 160.00 16.00% 140.00 10.00% 80.00 112.02 14.00% 120.00 6.52% 8.00% 81.95 12.00% 112.14 6.93% 100.
Slide 9: Profit & Loss Statement – Q4 & FY24
Profit & Loss Statement – Q4 & FY24 (₹ in Crore) Particulars (₹ in Crore) Q4FY24 Q4FY23 YoY FY24 FY23 YoY • Revenue at ₹ 594.62 Revenue from Operations 594.62 917.48 -35.19% 2,361.16 2,648.60 -10.85% Crore in Q4FY24 – EBITDA 87.06 115.61 -24.70% 161.60 212.91 -24.10% Sugar down by 45.79%, at ₹ 437
Slide 10: Segmental Performance | Q4 & FY24
Segmental Performance | Q4 & FY24 (Standalone Financials) 10
Slide 11: Segment Overview – Q4 & FY24
Segment Overview – Q4 & FY24 (₹ in Crore) Revenue Mix Segment Performance FY24 Particulars (₹ in Crore) Q4FY24 Q4FY23 YoY FY24 FY23 YoY 19.3% Sugar Revenue 437.98 807.88 -45.79% 1,590.16 2,252.47 -29.40% 22.0% 58.8% EBIT 67.69 86.35 -21.61% 79.41 101.70 -21.92% EBIT Margin (%) 15.45% 10.69% 477 bps
Slide 12: Operational Performance – Q4 & FY24
Operational Performance – Q4 & FY24 Particulars UOM Q4FY24 Q4FY23 FY24 FY23 Sugar Sugar Production Tons 2,37,600 1,97,018 4,23,489 3,50,578 Sugar Sales Tons 79,818 1,42,503 3,03,414 4,53,144 Avg. Realisation ₹/Ton 38,796 37,357 38,350 36,684 Inventory* Tons 2,69,459 1,47,108 2,69,459 1,47,108 Valuat
Slide 13: Sugar Segment
Sugar Segment Financial Operational Revenue (Rs. Crores) Revenue Contribution (%) Cane Crushed (Lac Tons) Sugar Production (Lac Tons) Sugar Sales (Lac Tons) Avg. Realisation (₹/Ton) 2,500.00 2,252.47 200% Sugar Recovery (%) 5.00 38,796 4.53 45,000 180% 4.50 37,357 38,350 50.00 43.22 40,000 41.44 14.
Slide 14: Bio Fuels & Spirits Segment
Bio Fuels & Spirits Segment Financial Operational Revenue (Rs. Crores) Revenue Contribution (%) Ethanol Production (Mn BL) Ethanol Sales (Mn BL) Ethanol Stock (Mn BL) 600.00 563.76 50% Average Realisation 521.36 61.42 60.11 60.83 45% 58.81 120.00 70.00 500.00 40% 98.06 7.74 100.00 88.52 93.14 60.00
Slide 15: Country Liquor Segment
Country Liquor Segment Financial Operational Revenue (Rs. Crores) Revenue Contribution (%) 700.00 Sales (Cases) Avg. Realisation (₹/Case) 594.37 70% 600.00 30,00,000 500.00 60% 25,04,325 450.00 500.00 25,00,000 400.00 50% 279.26 281.51 350.00 400.00 251.02 250.14 20,00,000 40% 275.63 300.00 22% 300.
Slide 16: Balance Sheet Highlights
Balance Sheet Highlights (₹ in Crore) Long Term Loans Net Working Capital (Net) Long Term Debt : Equity Ratio ₹241.44 Crores as on ₹804 Crores as on 0.24 times as on March 31, 2024 March 31, 2024 March 31, 2024 ₹246.32 Crore as on March 31, ₹460 Crore as on Mar 31, 2023 0.25 times as on Mar 31, 2023
Slide 17: Company Overview
DBO Dhampur Bio Organics Ltd. Company Overview
Slide 18: Company Overview
Company Overview One of the Leading Sugar Companies • One of India’s leading integrated sugar companies with a growing presence in agri-business and bioenergy • Operating under two verticals: Sugar (Refined, Raw sugar & Renewable energy), Bio fuels & Spirits (Ethanol, Country Liquor, and organic fer
Slide 19: Our Capacities
Our Capacities Asmoli Plant Mansurpur Plant Meerganj Plant Capacity Total Capacity (District Sambhal) (District Muzaffanagar) (District Bareilly) Sugar Uttar Pradesh Sugarcane Crushing (TCD) 12,500* 8,000 9,000* 29,500* Sugar Refinery (TPD) 1,100 900 _ 2,000 Pharma Grade Sugar (TPD)** 700 _ _ 700 LQ
Slide 20: Strong Leadership Team
Strong Leadership Team Sandeep Kumar, COO & Whole-time Director Vijay Kumar Goel, Chairman He joined the engineering team of the Company in 1980 and over 40 The promoter of the undivided company and on the Board since 1960. Has been the years of experience in operations, projects & administration Pr
Slide 21: Our Certifications
Our Certifications Certificate of Drug Formulation Approval Dhampur Bio Organics Limited, Unit-Asmoli Division Sugar has been granted licence(s) to manufacture Pharmaceutical Grade Sugar Quality ICUMSA below 45 conforming to 1.P./B.P./U.S.P specification. * _$GS ISO 14001:2015 Dhampur Bio Organics L
Slide 22: Shareholders Information
Shareholders Information Shareholding Structure Shareholder Information as on 31st March 2024 BSE Ticker 543593 Individual NSE Symbol DBOL Shareholders, 39.68% Market Cap (in Rs. Crores) 765.12 % Free- float 49.22% Others, 6.80% Free Float Market Cap (in Rs. Crores) 376.59 NRI, 0.79% as on 31st FII,
Slide 23: Industry Dynamics
DBO Dhampur Bio Organics Ltd. Industry Dynamics
Slide 24: Sugar Scenario
Sugar Scenario Domestic Sugar Balance Sheet (Mn Tons) S. No Particulars SS 2022-23 SS 2023-24 (P) • Govt of India has increased Fair and Remunerative Price a) Opening Stock as on 1st October 7.00 5.57 (FRP) of Sugar cane by Rs 10/qtl to 315/qtl for current Sugar Season linked to basic recovery of 10
Slide 25: Indian Bio-Fuels Scenario
Indian Bio-Fuels Scenario • ESY 23-24, CH derived ethanol price increased from Rs. 49.41 per litre to Rs. 56.28 per litre. Also, maize derived ethanol price increased from Rs. 66.07 per litre to Rs. 71.86 per litre. Feedstock wise prevailing ethanol prices are as under:- S. No. Name of Feedstock use
Slide 26: Balanced Growth for a Sustainable Tomorrow
Balanced Growth for a Sustainable Tomorrow Summary of ESG content
Slide 27: Our ESG Strategy Construct
Our ESG Strategy Construct During FY 2022-23, the Company conducted a materiality assessment to identify sustainability issues that are important to both the company and its stakeholders. This assessment involved identifying potential issues, engaging with stakeholders to understand their perspectiv
Slide 28: Our Contribution to UN SDGs
Our Contribution to UN SDGs Our material topics align with the following Sustainable Development Goals set forth by United Nations (UN SDGs) Responsible Governance People First Diversity and Inclusion Organisational ethics, values and governance Training and Development IT and Cybersecurity Health,
Slide 29: Thank You
THANK YOU Dhampur Bio Organics Limited: Nalin Kumar Gupta, CFO: nalingupta@dhampur.com Ernst & Young LLP: Rohit Anand: Rohit.anand4@in.ey.com Abhishek Bhatt: Abhishek.bhatt3@in.ey.com Riddhant Kapur: Riddhant.kapur@in.ey.com Corp. Office: Second Floor, Plot No. 201, Okhla Industrial Estate, Phase II