Dhampur Sugar Mills Limited · NSE:DHAMPURSUG
Dhampur Sugar Mills — Q4 FY2023 Earnings Presentation
27 slides from Dhampur Sugar Mills's earnings presentation, May 7, 2023
Slide 1: Filing cover letter to stock exchanges
07.05.2023 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: Q4-FY23
Dhampur Sugar Mills Ltd Financial Results: Q4-FY 23 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 4-8 Operating Performance 9-12 Financial Performance 13-24 Brand… ‘Mishti by Dhampur’ 25 3
Slide 5: Company Overview
Bons MPur Company Overview
Slide 6: Business Facilities
Business Facilities Dhampur Rajpura Sugar- 15000 TCD Sugar-8500 TCD Co-Gen-73 MW Co-Gen- 48 MW Distillery- 350 KL* (C Heavy) Ethyl Acetate- 140 MT per day *Including 130 KL per day expansion on C heavy molasses commissioned on 5th Feb 2023. 5
Slide 7: Board of Directors
Board of Directors Mr. Ashok Kumar Goel, Chairman Mr. Gaurav Goel, Managing Director Mr. Mahesh Prasad Mehrotra Mr. Yashwardhan Poddar Mr. Anuj Khanna Mr. Satpal Kumar Arora Ms. Pallavi Khandelwal Mr. Anant Pande, CEO & Whole Time Director 6
Slide 8: Key Milestones
Key Milestones Demerger Expanded Rajpura sugar crushing Installed multi-fuel high pressure boilers at Dhampur capacity to 8500 TCD Greenfield sugar unit at Rajpura (7500TCD) Installed CPU for Zero Co-generation plant at Rajpura Installed co-generation plants - Dhampur (65MW) Liquid Dis
Slide 9: Shareholding Pattern and Credit Rating
Shareholding Pattern as on 31st March 23 Credit Rating –India Ratings & Research (Fitch Group) Instrument Type Rating/Outlook Term Loan IND A+/Stable Working Capital Limits IND A+/Stable/IND A1 Fixed Deposits IND A+/Stable 8
Slide 10: Operating Performance
Bons MPur Operating Performance
Slide 11: Sugar Operating Performance
Sugar Operating Performance Particulars UOM Q4 FY23 Q4 FY22 FY23 FY22 Cane Crushed Lakh tons 18.85 17.51 39.01 35.83 Cane diverted to Syrup Lakh tons 4.65 1.04 8.09 1.04 Gross Recovery % 12.38 12.50 12.04 12.16 Net Recovery % 7.80 10.08 7.84 10.37 Production Lakh tons 1.47 1.76 3.06 3.71 Sales Lakh
Slide 12: Power and Ethanol Operating Performance
Power Operating Performance Particulars UOM Q4 FY23 Q4 FY22 FY23 FY22 Generation Cr. Units 16.70 17.72 39.00 40.01 Export Cr. Units 7.25 9.28 17.77 19.53 Realization ₹/unit 3.76 3.50 3.54 3.46 Ethanol Operating Performance Particulars UOM Q4 FY23 Q4 FY22 FY23 FY22 Production- B heavy Lakh BL - 125.9
Slide 13: Chemicals-Ethyl Acetate and Potable Spirits
Chemicals-Ethyl Acetate Operating Performance Particulars UOM Q4 FY23 Q4 FY22 FY23 FY22 Production Lakh Kg 108.18 85.99 345.45 272.74 Sales Lakh Kg 107.40 80.57 351.91 270.74 Potable Spirits Operating Performance Particulars UOM Q4 FY23 Q4 FY22 FY23 FY22 Production Lakh Cases 3.96 2.98 19.00 11.63 S
Slide 14: Financial Performance
Bons MPur Financial Performance 13
Slide 15: Standalone Performance Highlights
Standalone Performance Highlights Q4-FY 23 Vs Q4-FY22 Total income from operations up : 31.7% EBITDA up : 34.1% PBT up : 56.2% PAT up : 75.5% Cash profit up : 45.1% FY23 Vs FY22 Total income from operations up : 28.6% EBITDA up : 2.0% PBT up : 5.2% PAT up : 2.2% Cash profit up : 3.4% 14
Slide 16: Standalone Financials Performance
Standalone Financials Performance Rs. Cr. Q4 Q4 % % Particulars FY 23 FY 22 Change FY23 FY22 Change Income from 756.9 574.7 31.7 2840.8 2208.7 28.6 Operations EBITDA 105.1 78.4 34.1 311.0 304.9 2.0 PBT 78.7 50.4 56.2 215.1 204.5 5.2 PAT 57.9 33.0 75.5 150.3 147.0 2.2 Cash Profit 81.7 56.3 45.1 229.8
Slide 17: Standalone Segment Revenue
Standalone Segment Revenue Rs. Cr. % % Particulars Q4 FY23 Q4 FY22 FY23 FY22 Change Change Sugar 590.3 407.8 44.8 1937.2 1451.8 33.4 Power 94.6 94.9 -0.3 217.1 213.0 1.9 Ethanol 192.7 114.5 68.3 596.1 427.0 39.6 Chemicals 85.9 78.8 9.0 302.4 277.7 8.9 Potable Spirits 102.0 77.8 31.1 463.9 290.7 59.6
Slide 18: Standalone Segment Profit (PBIT)
Standalone Segment Profit (PBIT) Rs. Cr. % % Particulars Q4 FY23 Q4 FY22 FY23 FY22 Change Change Sugar 7.2 14.3 -49.7 58.5 57.4 1.9 Power 41.6 42.1 -1.2 81.6 82.4 -1.0 Ethanol 43.0 29.3 46.8 131.9 131.9 0.06 Chemicals 6.9 0.1 6800.0 22.8 19.6 16.3 Potable Spirits -0.4 0.05 -900.0 -1.0 -0.8 -25.0 Oth
Slide 19: Revenue from Operations and Profit Before Tax
Revenue from Operations Q4 FY23 Vs Q4 FY22 FY23 Vs FY22 Profit Before Tax Q4 FY23 Vs Q4 FY22 FY23 Vs FY22 Increase Decrease Total 18 All figures are in Rs. crore
Slide 20: Segment Revenue
Segment Revenue Q4 FY 22 Q4 FY 23 FY22 FY23 19
Slide 21: Balance Sheet
Balance Sheet Rs. Cr. As on As on Particulars 31st March 23 31st March 22 Non Current Assets 1157.9 1051.6 Current Assets 957.1 1113.0 Total Assets 2115.0 2164.6 Equity 1038.9 888.5 Long Term Borrowings 217.1 233.5 Other Non Current Liabilities 29.2 20.7 Deferred Tax Liabilities 57.5 30.1 Short Term
Slide 22: Balance Sheet: Highlights
Balance Sheet : Highlights Total Borrowings -290.05 Total Borrowings -280.33 All figures are in Rs. crore 21
Slide 23: Key Ratios
fil) DHAMPUR Legacy for tomorrow Key Ratios Current Ratio Long Term Debt to Equity 1.24 0.27 1.12 31st Mar 22 31st Mar 23 31st Mar 22 31st Mar 23 Debt Service Coverage Ratio As on 31st Mar 22 As on 31st Mar 23 Net Term Debt to EBITDA Net Debt to EBITDA 2.75 31st Mar 22 31st Mar 23 31st Mar 22 31st M
Slide 24: Consolidated Performance Highlights
Consolidated Performance Highlights Q4-FY 23 Vs Q4-FY22 Total income from operations up : 41.4% EBITDA up : 43.5% PBT up : 72.7% PAT up : 104.4% Cash profit up : 59.1% FY23 Vs FY22 Total income from operations up : 32.9% EBITDA up : 5.6% PBT up : 10.5% PAT up : 9.7% Cash profit up : 8.2% 23
Slide 25: Consolidated Financial Performance
Consolidated Financial Performance Rs. Cr. Q4 Q4 % % FY23 FY 22 Particulars FY 23 FY 22 Change Change Income from 762.6 539.5 41.4 2889.5 2173.6 32.9 Operations EBITDA 107.9 75.2 43.5 318.8 302.0 5.6 PBT 81.5 47.2 72.7 222.8 201.6 10.5 PAT 60.7 29.7 104.4 158.0 144.0 9.7 Cash Profit 84.5 53.1 59.1 2
Slide 26: Mishti by Dhampur
i.) DHAMPUR Legacy for tomorrow (D OHAMPUR SUGAR MILLS LTO — £STO 1933 25
Slide 27: 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 26
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