Dhampur Sugar Mills Limited · NSE:DHAMPURSUG
Dhampur Sugar Mills — Q3 FY24 Earnings Presentation
23 slides from Dhampur Sugar Mills's earnings presentation, Feb 2, 2024
Slide 1: Exchange cover letter: Investor Presentation
02.02.2024 To, The Manager - Listing The General Manager – DSC National Stock Exchange of India Ltd. BSE Limited Exchange Plaza,Bandra Kurla Complex Phiroze Jeejeebhoy Towers, Bandra (East) Dalal Street, Fort, Mumbai - 400 051 Mumbai: 400001 Tel No. 022-2659 8237 /38 Tel No.022-22722039/37/3121 Symb
Slide 2: Dhampur Sugar Mills Ltd Financial Results: Q3-FY24
Dhampur Sugar Mills Ltd Financial Results: Q3-FY 24 1
Slide 3: 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 Sugar Mills Limited (also referred to as the ‘Company’). By attending the meeting where this presentation
Slide 4: Content
Content Slide No. Company Overview 4-9 Operating Performance 10-14 Financial Performance 15-20 Brand… ‘Mishti by Dhampur’ 21 3
Slide 5: Company Overview
Bons MPur Company Overview
Slide 6: Business Facilities
Business Facilities Dhampur Rajpura Sugar- 15000 TCD Sugar-9000 TCD Co-Gen-78.5 MW Co-Gen- 48 MW Distillery- 350 KLPD (C Heavy)* Ethyl Acetate- 140 MT per day Potable Spirits- 14000 cases per day *100 KLPD grain-based distillery commissioned in Q1 FY24. 5
Slide 7: Board of Directors
Board of Directors Mr. Ashok Kumar Goel, Chairman Mr. Gaurav Goel, Vice Chairman and Managing Director Mr. Mahesh Prasad Mehrotra, Independent Director Mr. Yashwardhan Poddar, Independent Director Mr. Anuj Khanna, Independent Director Mr. Satpal Kumar Arora, Independent Director Ms. Pallavi Khandelw
Slide 8: Key Milestones
Key Milestones 1933 1995 2004 2006 2007 Sugar mill established Distillery in Dhampur with 100 Increased distillery Raised US$53.7mn Installed multi-fuel high at Dhampur KLPD capacity to 140 KLPD through GDR pressure boilers at Dhampur Greenfield sugar unit at Rajpura (7500TCD) Installe
Slide 9: Shareholding Pattern and Credit Rating
Shareholding Pattern as on 31st Dec 23 Credit Rating –India Ratings & Research (Fitch Group) Instrument Type Rating/Outlook Issuer Rating IND AA-/Stable Term Loan IND AA-/Stable Working Capital Limits IND A+/Stable Fixed Deposits IND AA-/Stable 8
Slide 10: Highlights
Highlights • State Advised Price (SAP) of sugarcane for SS 2023-24 increased by Rs. 20/Qtl to Rs. 360/Qtl in UP. • Revision in cane transportation rebate : Rs. 9/Qtl from Rs. 8.35/Qtl • Ethanol production from B-heavy molasses and sugarcane syrup/juice discontinued as per government order w.e.f. 7th
Slide 11: Operating Performance
Bons MPur Operating Performance 10
Slide 12: Sugar Operating Performance
Sugar Operating Performance FY23 Particulars UOM Q3 FY24 Q3 FY23 9m Dec23 9m Dec22 39.01 Cane Crushed Lakh tons 13.46 12.98 20.91 20.17 8.81 Cane diverted to Syrup* Lakh tons 0.96 2.41 3.58 5.21 12.04 Gross Recovery % 11.01 11.34 11.51 11.72 7.84 Net Recovery % 9.61 7.89 8.63 7.88 3.08 Production-Su
Slide 13: Power Operating Performance
Power Operating Performance FY23 Particulars UOM Q3 FY24 Q3 FY23 9m Dec23 9m Dec22 39.00 Generation Cr. Units 13.12 12.16 23.54 21.55 17.77 Export Cr. Units 6.06 5.70 9.37 9.68 3.54 Realization Rs./unit 3.62 3.59 3.57 3.51 12
Slide 14: Ethanol Operating Performance
Ethanol Operating Performance FY23 Particulars UOM Q3 FY24 Q3 FY23 9m Dec23 9m Dec22 269.12 Production- B heavy* Lakh BL 174.01 73.66 561.99 269.12 661.97 - Syrup* Lakh BL 64.46 166.30 275.76 315.00 - - Grain/Maize Lakh BL 56.49 - 94.56 - 931.08 Total Production Lakh BL 294.97 239.96 932.31 584.12 2
Slide 15: Chemicals-Ethyl Acetate and Potable Spirits
Chemicals-Ethyl Acetate Operating Performance FY23 Particulars UOM Q3 FY24 Q3 FY23 9m Dec23 9m Dec22 345.45 Production Lakh Kg 52.90 85.33 244.00 237.27 351.91 Sales Lakh Kg 52.44 85.34 244.43 244.51 Potable Spirits Operating Performance FY23 Particulars UOM Q3 FY24 Q3 FY23 9m Dec23 9m Dec22 Lakh 19
Slide 16: Financial Performance
Bons MPur Financial Performance 15
Slide 17: Standalone Financial Performance
Standalone Financial Performance Q3 Q3 % 9m 9m % FY23 Particulars FY 24 FY 23 Change Dec 23 Dec 22 Change Revenue from 2826.0 482.3 643.5 -25.1 1977.2 2072.0 -4.6 Operations 311.0 EBITDA 69.5 86.0 -19.2 191.2 206.0 -7.2 11.0 EBITDA (%) 14.4 13.4 9.7 9.9 215.1 PBT 47.5 66.7 -28.8 121.8* 136.4 -10.7 7
Slide 18: Standalone Segment Revenue and Profit (PBIT)
Standalone Segment Revenue FY23 Q3 FY24 Q3 FY23 Variance 9m Dec 23 9m Dec 22 Variance Particulars 1937.2 Sugar 233.4 421.1 -44.6 1040.3 1347.0 -22.8 217.1 Power 73.5 70.0 5.0 135.8 122.5 10.9 596.1 Ethanol 176.3 158.7 11.1 637.0 403.4 57.9 302.4 Chemicals 46.0 70.2 -34.5 198.9 216.5 -8.1 463.9 Potab
Slide 19: Q3 FY24 vs Q3 FY23 Revenue, PBT and Segment Revenue
Revenue from Operations Profit Before Tax Q3 FY24 Vs Q3 FY23 Q3 FY24 Vs Q3 FY23 All figures are in Rs. crore Increase Decrease Total Segment Revenue Q3 FY 23 Q3 FY 24 18
Slide 20: 9m Dec 23 vs 9m Dec 22 Revenue, PBT and Segment Revenue
Revenue from Operations Profit Before Tax 9m Dec 23 Vs 9m Dec 22 9m Dec 23 Vs 9m Dec 22 All figures are in Rs. crore Increase Decrease Total Segment Revenue 9m Dec 22 9m Dec 23 19
Slide 21: Consolidated Financial Performance
Consolidated Financial Performance Q3 Q3 % 9m 9m % FY23 Particulars FY 24 FY 23 Change Dec 23 Dec 22 Change Revenue from 2874.0 482.4 642.0 -24.9 1979.8 2115.0 -6.4 Operations 318.8 EBITDA 69.7 86.4 -19.3 192.7 210.8 -8.6 11.1 EBITDA (%) 14.4 13.5 9.7 10.0 222.8 PBT 47.8 67.1 -28.8 123.3* 141.2 -12.
Slide 22: Mishti by Dhampur
i.) DHAMPUR Legacy for tomorrow (D OHAMPUR SUGAR MILLS LTO — £STO 1933 21
Slide 23: Thank You
Thank You For further information, please contact : Dhampur Sugar Mills Ltd. 6th Floor, Max House, Okhla Industrial Estate, Phase III New Delhi – 110020, Telephone : +91-11-41259400 Email: investordesk@dhampursugar.com, Website: www.dhampursugar.com 22