Magadh Sugar & Energy Ltd. · NSE:MAGADSUGAR
Magadh Sugar & Energy — Q3 FY2020 Earnings Presentation
22 slides from Magadh Sugar & Energy's earnings presentation, Feb 11, 2020
Slide 1: Exchange filing cover letter
MAGADH SUGAR& ENERGYLTD MSEL/SE/2019-20/70 February 11, 2020 The Manager The Manager The Secretary Listing Department Listing Department The Calcutta Stock National Stock Exchange of India BSE Ltd. Exchange Ltd. Limited 1st Floor, New Trading Ring, 7, Lyons Range ‘Exchange Plaza’, C - 1, Rotunda Bui
Slide 2: Magadh Sugar and Energy Limited Result Presentation Q3FY20
Magadh Sugar and Energy Limited Result Presentation Q3FY20 1
Slide 3: Agenda
Agenda Q3FY20 Quarter Highlights 9 Months Highlights – Q3FY20 Industry Scenario Growth Strategy
Slide 4: Q3FY20 / 9MFY20 Highlights
Q3FY20 / 9MFY20 Highlights
Slide 5: Business Updates Q3FY20
Business Updates Q3FY20 ▪ Sugar Stock as on 31st December 2019, 13.77 lakh quintals ▪ Average realization in Q3FY20 Rs. 3,324/- per quintal; Q3FY19 Rs. 3,254 per quintal ▪ SS 19-20 with crushing 69.31 lac quintal at average recovery of 10.95% till 31.12.2019; as compared to 10.76% on crushing of 73.
Slide 6: Q3FY20 Result Highlights
Q3FY20 Result Highlights Revenue (Rs. Cr) EBITDA (Rs. Cr) PAT (Rs. Cr) 95 628 29 536 21 48 282 41 13 30 143 1 Q3FY19 Q3FY20 9MFY19 9MFY20 Q3FY19 Q3FY20 9MFY19 9MFY20 Q3FY19 Q3FY20 9MFY19 9MFY20 5
Slide 7: Profitability Highlights
Profitability Highlights Rs. Crore Q3FY20 Q3FY19 YoY 9MFY20 9MFY19 YoY Total Income 282.2 143.1 97.2% 628.0 536.3 17.1% Raw Material Cost 193.4 80.8 443.2 421.5 Employee Cost 12.4 11.5 32.7 30.3 Total Expenditure 28.9 21.0 57.4 44.0 EBITDA 47.5 29.8 59.4% 94.7 40.6 133.3% EBIDTA margin (%) 16.8% 20.
Slide 8: Operational Highlights – Q3FY20 / 9MFY20
Operational Highlights – Q3FY20 / 9MFY20
Slide 9: Sugar Segment Performance
Sugar Segment Performance Segmental Revenues (Rs. % contribution to Revenues PBIT (Rs. Lakh) Lakh) Q3FY20 26,740.6 86% 2,471.4 Q3FY19 12,436.2 72% 141.9 9MFY20 58,431.6 87% 5,454.7 9MFY19 47,507.2 83% -973.3 Sugarcane Crushed (lakh Sugar Sold Sugar Recovery (%) quintals) (Lakh quintals) Q3FY20 69.31
Slide 10: Distillery Segment Performance
Distillery Segment Performance Segmental Revenues (Rs. Lakh) % contribution to Revenues PBIT (Rs. Lakh) Q3FY20 2,096.9 7% 836.4 Q3FY19 2404.1 14% 1,111.6 9MFY20 4,927.5 7% 1,992.0 9MFY19 6,078.0 11% 2,546.0 Average Realization of Total Ethanol Production Total Ethanol Sales (Lac Ethanol (Lakh litres
Slide 11: Co-Generation Segment Performance
Co-Generation Segment Performance Segmental Revenues (Rs. Lakh) % contribution to Revenues PBIT (Rs. Lakh) Q3FY20 2,126.9 7% 1,128.5 Q3FY19 2,320.6 14% 1,199.5 9MFY20 3,424.2 6% 1,224.1 9MFY19 3,760.1 6% 1,189.3 Power Generation (lakh units) Average Realization (Rs. Per Unit) Q3FY20 158.37 5.43 Q3FY
Slide 12: Company Overview
Company Overview
Slide 13: Background of Magadh Sugar & Energy Limited
Background of Magadh Sugar & Energy Limited Upper Ganges Oudh Sugar Sugar Sugar, Ethyl Sugar, Ethyl Alcohol including Alcohol including Ethanol, co- Tea Business Other Business Ethanol, co- Food Processing Other Business generation of generation of Power and By Power and By Products Products Uttar P
Slide 14: Company Overview
Company Overview • Incorporated in 1932 (Group in Sugar Business over 7 decades), consequent upon various schemes of merger and demerger this company formed in 2015 Plant Region Capacity • Company’s core business includes (Bihar) New Swadeshi Sugar Mills 7,500 TCD – Sugar and sugar products, Spirits
Slide 15: Ready to reap the benefits going ahead
Ready to reap the benefits going ahead New Swadeshi Sugar Mills - 7,500 TCD New Swadeshi Distillery - 60 KLPD New Swadeshi Co-generation -10 MW Bharat Sugar Mills – 5,000 TCD Bharat Co-generation -18 MW Hasanpur Sugar Mills – 5,000 TCD Hasanpur Co-generation -10 MW 14
Slide 16: Integrated Business Model
Integrated Business Model Industrial Spirit & Cane Ethanol Molasses Distillery Development (60 KLPD) & Marketing Farmers Clarification Sugarcane Sugar Evaporation Juice (17,500 TCD) Crystallization Sugarcane Magadh Sugar & Crushing Energy Limited (3 Facilities) Power Co-Generation Bagasse Generation
Slide 17: Continuous innovation in business model
Continuous innovation in business model Integrated operations •Maximize value from every ton of cane crushed •Liquor ban in Bihar enhanced ethanol Intra-plant synergies business •Economic sized operations driving cost efficiencies •Close proximity maximizes by-product utilization “Supported by stron
Slide 18: Industry Updates
Industry Updates
Slide 19: International - Industry Updates
International - Industry Updates Bangladesh Sugar and Food Industries Corporation seeking to import 100,000 tonnes of sugar from India International Sugar Organisation (ISO) is encouraging importing countries to buy sugar from India in order to help improve global prices of the sweetener •Encouragin
Slide 20: Domestic - Industry Highlights
Domestic - Industry Highlights India's sugar production declined 24% to 141.12 lakh tonne during October 2019-January 2020 •Fall in output in major producing state Maharashtra Indian sugar industry poised to export 5 mn tonne, likely to set new record •5 million tonnes, Indian exports would surpass
Slide 21: Disclaimer
Disclaimer 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 purchase or subscribe for any
Slide 22: Let's Connect
Let’s Connect Mr. Dilip Patodia /Mr. Sunil Choraria / Mr Anand Sharma Mr. Abhishek Bhatt / Ms. Pooja Sharma finance@birla-sugar.com abhishek@stellar-ir.com pooja@stellar-ir.com 9/1,R.N. Mukherjee Road, Kolkata 700 001 B-707, Kanakia Wallstreet, Andheri (East), Mumbai For more information visit: 21 w
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