Avadh Sugar & Energy Ltd. · NSE:AVADHSUGAR
Avadh Sugar & Energy — Q3 FY22 Earnings Presentation
21 slides from Avadh Sugar & Energy's earnings presentation, Feb 2, 2022
Slide 1: Exchange filing cover letter
BAY. A I 1 iD AVADH/SE/2021-22/56 February 02, 2022 The Manager The Manager Listing Department Listing Department National Stock Exchange of India Limited BSE Ltd. ‘Exchange Plaza’ 1st Floor, New Trading Ring C-1, Block G Rotunda Building Bandra-Kurla Complex P.J. Towers Bandra (E) Dalal Street, For
Slide 2: Result Presentation | Q3FY22
1 1 Result Presentation | Q3FY22
Slide 3: Performance Highlights
Performance Highlights 9M FY22 Total Income EBITDA PAT +5% YoY +41% YoY +248% YoY Total Income EBITDA PAT Q3 FY22 +7% YoY +59% YoY +625% YoY 2
Slide 4: Agenda
Agenda 1 Q3FY22 Highlights 2 Segmental Performance 3 Industry Updates
Slide 5: Index: Q3FY22 Highlights
Index 1 Q3FY22 Highlights
Slide 6: Key Business Updates – Q3FY22 (1/2)
Key Business Updates – Q3FY22 (1/2) Sugar Stock as on 31st Dec 2021, 17.86 lakh quintals (30.05 lakh quintal as on 31st December 2020). Average domestic sale realization: • Q3FY22 Rs. 3,552/- per quintal; Q3FY21 Rs. 3,184/- per quintal • 9MFY22 Rs. 3,416/- per quintal; 9MFY21 Rs. 3,199/- per qui
Slide 7: Key Business Updates – Q3FY22 (2/2)
Key Business Updates – Q3FY22 (2/2) Robust Performance EBITDA for 9MFY22 grew by 41% YoY at Rs. 221 crores Profit Before Tax for 9MFY22 grew by 242% YoY at Rs. 113 crores Profit After Tax for 9MFY22 reported a growth of 248% YoY at Rs. 73 crores Details of Outstanding position Particulars
Slide 8: Q3FY22 Result Highlights
Q3FY22 Result Highlights Total Income (Rs. Cr) EBITDA (Rs. Cr) PAT (Rs. Cr) 41% 248% 5% 221 73 1,987 1,884 157 625% 59% 7% 29 700 747 73 21 46 4 Q3FY21 Q3FY22 9MFY21 9MFY22 Q3FY21 Q3FY22 9MFY21 9MFY22 Q3FY21 Q3FY22 9MFY21 9MFY22 7
Slide 9: Profitability Highlights
Profitability Highlights Rs. Crore Q3FY22 Q3FY21 9MFY22 9MFY21 Total Income 747 700 1,987 1,884 Raw Material Cost 587 565 1,544 1,500 Employee Cost 27 26 71 69 Other Expenditure 60 63 151 158 EBITDA 73 46 221 157 Depreciation 13 13 39 36 PBIT 60 33 182 121 Interest 16 26 69 88 Profit Before Tax 44 7
Slide 10: Index: Segmental Performance
Index 2 Segmental Performance
Slide 11: Sugar Segment Performance
Sugar Segment Performance Segmental Revenues (Rs. Lakh) Dispatched Qty (In Lacs) PBIT (Rs. Lakh) Q3FY22 71,302 16.89* 3,505 Q3FY21 65,969 17.53 (31) 9MFY22 1,81,505 45.57** 7,557 9MFY21 1,74,566 47.89 4,145 Sugar cane Crushed (Lakh Qtls) Sugar Recovery (%)# Average Realization (Per Quintal) Q3FY22 1
Slide 12: Distillery Segment Performance
Distillery Segment Performance Segmental Revenues (Rs. Lakh) PBIT (Rs. Lakh) Q3FY22 10,376 2,608 Q3FY21 9,450 3,099 9MFY22 34,762 11,961 9MFY21 25,212 8,304 Total Ethanol Production (Lakh litres) Total Ethanol Sales (Lakh litres) B C B C Q3FY22 161.31 - 179.13 0.13 Q3FY21 73.96 130.74 60.58 135.22 9
Slide 13: Co-Generation Segment Performance
Co-Generation Segment Performance Segmental Revenues (Rs. Lakh) PBIT (Rs. Lakh) Q3FY22 4,889 290 Q3FY21 5,462 598 9MFY22 9,125 (224) 9MFY21 8,876 403 Power Sales Average Realization Power Generation (lakh units) (Lakh units) (Rs. Per Unit) Q3FY22 638 391 3.05 Q3FY21 757 516 3.02 9MFY22 1,273 648 3.0
Slide 14: Index: Industry Updates
Index 3 Industry Updates
Slide 15: Global Sugar Industry Updates
Global Sugar Industry Updates World Sugar Balance as per ISO states that, world production estimates as on (October/September) stood at 170.47 mln tonnes; World Consumption to slightly increase to 173.03 mln tonnes. End stocks to decline by 3.6% to clock at 93.25 mln tonnes. Thai sugar market is eye
Slide 16: Domestic Sugar Industry Updates (1/3)
Domestic Sugar Industry Updates (1/3) Sugar production (31st Dec 2021): 115.55 lac tons of sugar, as compared to 110.74 lac tons in Dec 2020. State-wise Sugarcane production (31st Dec FRP for SS 2021-22: 2021): Fair Maharashtra and Remunerative produced Price (FRP) of45.77 lac tons sugarcane as agai
Slide 17: Domestic Sugar Industry Updates (2/3)
Domestic Sugar Industry Updates (2/3) Fresh export contracts: slowed due to fall in global sugar prices. In the first 2 months of the season, Sugar mills have exported 0.65mnt of sugar compared to 0.3mnt in corresponding period in 2020-21. Sugar mills have contracted for exports of 3.7mnt. Uttar Pra
Slide 18: Domestic Sugar Industry Updates (3/3)
Domestic Sugar Industry Updates (3/3) Govt of India in its recent Budget has announced that the unblended fuel will attract additional excise duty of Rs. 2 per liter from 1st Oct 2022. Isma requested to increase blending upto 12% in ethanol surplus state like UP, Maharashtra, Karnataka. Sugarcane So
Slide 19: Domestic Sugar Matrix
Domestic Sugar Matrix Production (Mn tons) SS 19-20 SS 20-21 Number of Factories under operations in 2021 Uttar Pradesh 12.63 11.06 Uttar Pradesh 120 Maharashtra 6.17 10.65 Karnataka 3.49 4.46 Maharashtra 190 Bihar 0.7 0.5 Karnataka 66 Others 4.4 4.52 Uttar Pradesh Bihar 9 - Central 5 4.5 - East 3.6
Slide 20: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Avadh 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 s
Slide 21: Let’s Connect
Let’s Connect Mr. Dilip Patodia / Mr. Sudershan bajaj Ms. Pooja Sharma / Mr. Abhishek Bhatt dilip.patodia@birla-sugar.com / sudershan.bajaj@birla-sugar.com pooja.sharma@stellar-ir.com / abhishek@stellar-ir.com 9/1,R.N. Mukherjee Road, Kolkata B-612/A, Kanakia Wallstreet, Andheri (East), Mumbai For m