Magadh Sugar & Energy Ltd. · NSE:MAGADSUGAR
Magadh Sugar & Energy — Q3 FY24 Earnings Presentation
18 slides from Magadh Sugar & Energy's earnings presentation, Feb 13, 2024
Slide 1: Exchange filing cover letter
@MAGADH SUGAR& ENERGYLTD MSEL/SE/2023-24/47 February 13, 2024 The Manager The Manager Listing Department Listing Department National Stock Exchange of India BSE Ltd. Limited 1st Floor, New Trading Ring, ‘Exchange Plaza’, C- 1, Block G, Rotunda Building Bandra-Kurla Complex, P.J. Towers, Dalal Street
Slide 2: Strengthening fundamentals: Result Presentation Q3 & 9M FY24
\MAGADHSUGAR &® ENERGY LTD Strengthening fundamentals Result Presentation Q3 & 9M FY24 Sugar | Co-Generation | Ethanol
Slide 3: Operational Performance — Sugar (1/2)
Operational Performance — Sugar (1/2) 1\\MAGADH SUGAR & ENERGYLTD lad (el elas Q3FY24 Q3FY23 1 eh Ve 2) YoY (%) Sugarcane Crushing Lac Qtls 81.87 71.75 14% 91.03 71.75 27% Sugar Production Lac Qtls 7.67 6.35 21% 8.70 6.35 37% Sugar Sales — Domestic Lac Qtls 3.67 1.91 92% 15.47 10.80 43% Export Lac Q
Slide 4: Operational Performance - Distillery & Power (2/2)
Operational Performance - Distillery & Power (2/2) @)MAGADH SUGAR & ENERGYLTD Distillery Peat ele Lcy Q3FY24 Q3FY23 1 Le Yeh 2) Production Lac Litres Sales Lac Litres 103.60 89.47 Avg. Realisation Rs/ Litres 60.73 57.10 Closing Stock Lac Litres 61.39 9.90 Power Peat ele Lcy Q3FY24 Q3FY23 1 Le Yeh 2)
Slide 5: Segment Performance — Q3FY24
Segment Performance — Q3FY24 /\)MAGADH SUGAR & ENERGYLTD Revenue aed dP ele Nye Q3FY24 Q3FY23 Q3FY24 Q3FY23 Q3FY24 Q3FY23 Sugar 204 184 11% 30 23 30% 15% 13% Distillery 65 53 23% 17 6 183% 26% 11% Co generation 26 25 4% 11 11 0% 42% 44% Total 295 262 13% 57 40 43% 19% 15% Less: Inter seg. Revenue 77
Slide 6: Revenue Drivers — Q3 & 9MFY24
Revenue Drivers — Q3 & IMFY24 @)MAGADHSUGAR & ENERGYLTD mit ~ Sugar __ Distitlery an 65 ax | 184 I Q3FY23 Q3FY24 Q3FY23 Q3FY24 Q3FY23 Q3FY24 Higher Ethanol Volume Sale, up 16% Higher Generation of Power Higher Realisation of Sugar, up 9% ete [zo | i 9MFY23 QMFY24 Q3FY23 Q3FY24 9MFY23 QMFY24 Higher V
Slide 7: PBIT Drivers — Q3 & 9MFY24
PBIT Drivers —Q3 & IMFY24 @)MAGADH SUGAR & ENERGYLTD Sugar) = it 30 Q3FY23 Q3FY24 Q3FY23 Q3FY24 Q3FY23 Q3FY24 Higher Volume of sale, up by 16% Higher realisation of Sugar, up by 9% Higher Realisation on Ethanol Sale [- |. 52 916% 4 61 ws | 6 mm 9MFY23 QMFY24 9MFY23 QMFY24 9MFY23 QMFY24 Higher volume
Slide 8: Financial Snapshot — Q3 & 9MFY24
Financial Snapshot — Q3 & 9MFY24 @)MAGADH SUGAR & ENERGYLTD ea ar 38% 210 [ x |f 219 ax if 62 rm |f 39 22 0 3FY23 a 3FY24 OBFY23 OSFY24 Q3FY23 Q3FY24 656 23% 4 s [soe 109% JP4 som |® 64 L : OMFY23 OMFY24 OMFY23 OMFY24 OMFY23 OMFY24 Improved Profitability due to higher qty of sugar sales, better suga
Slide 9: Business Updates
Business Updates @)MAGADH SUGAR & ENERGYLTD Details of Term Loan Outstanding :- Particulars (Rs. In Crores) 30/12/2023 30/09/2022 EMU LIE YI} Term Loan * Cash Credit/ Short Term Loan / SCD/ ICD * Includes New Term loan availed for distillery project at Sidhwalia under Interest Subvention Scheme ** D
Slide 10: Profit & Loss Highlights
Profit & Loss Highlights /\)MAGADH SUGAR & ENERGYLTD Rs. Crore Q3FY24 Q3FY23 ee YL eh2) Total Income 219 210 810 656 Raw Material Cost 109 121 559 490 Employee Cost 17 15 43 39 Other Expenditure 31 29 74 63 EBITDA 62 45 134 64 Depreciation 6 6 19 19 PBIT 56 39 115 45 Interest 4 5 21 21 Profit Before
Slide 11: Company Overview
@)MAGADH SUGAR &® ENERGY LTD Company Overview
Slide 12: Company Overview
Company Overview MAGADH SUGAR & ENERGYLTD * Incorporated in 1932 (Group in Sugar Business over 7 decades), atl CTY) eT eT 9 pursuant to the scheme of merger and demerger this company formed in 2015 New Swadeshi Sugar Mills 7,500 TCD , . . Paschim ae * Company’s core business includes Sugar and sugar
Slide 13: Industry Overview
@)MAGADH SUGAR &® ENERGY LTD Industry Overview Lu]
Slide 14: Global Sugar Industry — Update
Global Sugar Industry — Update 2) MAGADH SUGAR & ENERGYLTD Global Sugar Inventory Update Global Sugar Price Trend (USD/Kg) 0.57 Global Sugar Balance Sheet (Million 0.60 a 0.55 0.50 Opening Balance of Sugar Inventory 94.7 95.2 0.45 0.40 . . 0.35 Production during the year 178.5 179.5 030 0.25 Consump
Slide 15: Indian Sugar Industry — SS 2023-24
Indian Sugar Industry — SS 2023-24 2) MAGADH SUGAR & ENERGYLTD * FRP of Sugar Cane for Sugar Season 23-24 raised at Rs. 315 / Qtl for a base recovery of Rs. 10.25% (C.Y.) Rs. 305 / Qtl for 10.25% * The Government of Bihar revised the State Advised Price (SAP) of sugarcane for SS 23-24 by Rs 20 to 35
Slide 16: Indian Ethanol Play gets Stronger
Indian Ethanol Play gets Stronger @)MAGADH SUGAR & ENERGYLTD Quantity Supplied (Ethanol) and %Blending Trends The target is to reach 12% blending in 2022-23, 15% in 2023-24 and 20% 15.0% in 2024-25 For Ethanol Supply Year (ESY) 2023-24 (Nov-Oct), OMCs floated tender for 825 crore litres with a 15% b
Slide 17: Disclaimer
Disclaimer @)MAGADH SUGAR & ENERGYLTD This presentation and the accompanying slides (the “Presentation”), which have been prepared by Magadh Sugar & Energy Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to pur
Slide 18: Let's Connect
Let’s Connect @)MAGADH SUGAR & ENERGY LTD (STELLAR Mr. Dilip Patodia / Mr. Sudershan Bajaj Ms. Pooja Sharma / Ms. Amritha Poojari dilip.patodia@birla-sugar.com / sudershan.bajaj@birla-sugar.com pooja.sharma@stellar-ir.com / amritha@stellar-ir.com 9/1,R.N. Mukherjee Road, Kolkata B-612/A, Kanakia Wal
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