Dwarikesh Sugar Industries Ltd. · NSE:DWARKESH
Dwarikesh Sugar Industries — Q4 FY25 Earnings Presentation
32 slides from Dwarikesh Sugar Industries's earnings presentation, May 22, 2025
Slide 1: Regulation 30 disclosure cover letter to stock exchanges
REF: DSIL/2025-26/031 May 22, 2025 Corporate Relationship Department National Stock Exchange of India Limited BSE Limited “Exchange Plaza” Phiroze Jeejeebhoy Towers Bandra – Kurla Complex, Dalal Street, Fort, Mumbai - 400 001 Bandra [E], Mumbai - 400 051 Fax: 22723 2082 /3132 Scrip Code - 532610 Scr
Slide 2: Investor Presentation Q4 & FY25 Results
Investor Presentation Company Performance Date Q4 & FY25 Results 22 May 2025
Slide 3: Safe harbour statement
This presentation and the accompanying slides (the “Presentation”), which have been prepared by Dwarikesh Sugar Industries Ltd. (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securitie
Slide 4: Earnings Call
Earnings Call You are cordially invited to Q4 FY25 earnings conference call of Dwarikesh Sugar Industries Limited on Friday, 23 May 2025 at 14:00 hrs (IST) Represented By Mr. Vijay S. Banka - Managing Director Mr. B. J. Maheshwari - Managing Director & CS cum CCO Pre-register to avoid the waiting qu
Slide 5: Table of contents
• Sector outlook ... 5 Table of • Business overview ... 7 contents • Financial performance ... 12 • Operation trends ... 18 • Pictures of our facilities ... 25
Slide 6: Sector outlook
❑ According to Green Pool’s April report, the global sugar market is now expected to face a larger deficit of 7 million metric tons (raw value) in the 2024-25 crop year. This revision stems mainly from reduced production estimates in India and several other Asian countries, with global output now fo
Slide 7: Sector outlook
❑ Domestic sugar prices remained subdued below Rs. 38,000 per metric ton through the end of the third quarter of FY 2024-25, largely due to weak international prices, uncertainty surrounding domestic production estimates, and higher monthly release quotas. However, beginning January 2025, prices beg
Slide 8: Business overview
Business overview A brief run through
Slide 9: At a glance
At a glance • All 3 Plants located in UP-India’s largest sugar producing state. • 2 Plants located in Bijnor District– a District with focused concentration on cane production on highly fertile & well-irrigated land. • Plant at Bareilly – the low-lying Ganges plains district with fertile alluvial so
Slide 10: Operations Overview
Operations Overview Farmers Molasses (nearly 1.54 lakhs) (External Sales) Industrial Alcohol (162.5 KLPD at Cane Development Sugarcane Molasses Distillery Dwarikesh Nagar & & Marketing 175 KLPD at Dwarikesh Dham) Clarification Dwarikesh Sugar Crushing Sugar Sugarcane Juice Evaporation Industries Ltd
Slide 11: Management
G. R. Morarka Vijay S. Banka B. J. Maheshwari • Founder and Promoter • Executive Chairman • Managing Director • Managing Director, • Commerce graduate & • Chartered Accountant Company Secretary ICWA Inter • Associated with the cum Chief Compliance • Received ‘Indira Gandhi company Officer Priyadarsh
Slide 12: Key Milestones
Key Milestones Set up DN Distillery with 30,000 LPD capacity; Debottlenecking of 100 KLPD Commissioned Dwarikesh Puram Commencement of DN Distillery by Distillery capacity DN Crushing capacity (DP) plant with crushing capacity surplus power commissioning expansion project reached 6,500 TCD; of 7,500
Slide 13: Financial performance
Financial performance Q4 & FY25
Slide 14: Performance Highlight
PERFORMANCE HIGHLIGHT In INR million Q4FY25 FY25 Q4FY24 FY24 Total Income 4,590.7 13,653.2 3,820.6 17,212.4 EBITDA 1,072.0 1,199.1 753.0 2,166.2 PAT 463.3 233.4 228.9 835.2 In INR Q4FY25 FY25 Q4FY24 FY24 EPS 2.50 1.26 1.22 4.44 Financial performance Investor presentation
Slide 15: Quarterly chart
Quarterly chart Revenue from Operations (Million) EBITDA (Million) PAT (Million) Average Domestic Sugar Realization EBITDA Margin PAT Margin INR/Quintal 23.4% 3,957.0 10.1% 6.0% 3,763.0 19.8% 753.0 1,072.0 228.9 463.3 3,799.4 4,588.5 Q4FY24 Q4FY25 Q4FY24 Q4FY25 Q4FY24 Q4FY25 PAT Margin is PAT / Reve
Slide 16: FY25 chart
FY25 chart Revenue from Operations - External (INR Million) PAT(Million) EBITDA (INR Million) PAT Margin EBITDA Margin 12.7% 4.9% 8.8% 1.7% 2,166.2 1,199.1 233.4 17,095.7 13,588.8 835.2 FY24 FY25 FY24 FY25 PAT Margin is PAT / Revenue from operations EBITDA Margin is EBITDA / Revenue from operations
Slide 17: Financials - Summary
FINANCIALS - SUMMARY In INR million Q4 FY25 FY25 Q4 FY24 FY24 REMARKS INCOME Lower during FY25 on account of lesser volume of Revenue from operations 4,588.5 13,588.8 3,799.4 17,095.7 sugar and ethanol sold. Other income 2.2 64.4 21.2 116.7 -- Total Revenue 4,590.7 13,653.2 3,820.6 17,212.4 -- EXPEN
Slide 18: Financials - Summary (continued)
FINANCIALS - SUMMARY (continued) In INR million Q4 FY25 FY25 Q4 FY24 FY24 REMARKS Depreciation and amortization 118.9 489.3 126.4 525.0 expense Other expenses declined in line with the overall scale of operations during the year. However, the quarter witnessed an increase in selling Other expense 27
Slide 19: Operational trends
Operational trends
Slide 20: Sugar Segment - Quarterly snapshot
Sugar Segment - Quarterly snapshot Revenue from Operations (INR Million) Sugar Sold ('000 Quintal) EBITDA (INR Million) EBITDA Margin Average Domestic Sugar Realization INR/Quintal 3,957.0 16.2% 3,763.0 15.1% 566.1 568.7 579.1 3,754.7 4,401.5 710.9 Q4FY24 Q4FY25 Q4FY24 Q4FY25 EBITDA Margin is EBITDA
Slide 21: Sugar Segment – FY25 snapshot
Sugar Segment – FY25 snapshot Revenue from Operations (INR Million) Sugar Sold ('000 Quintals) EBITDA (INR Million) Average Domestic Sugar EBITDA Margin Realization(INR/Quintal) 5.8% 3,834.0 3,707.0 5.5% 888.8 692.4 15,452.1 12,592.3 2,752.1 2,350.0 FY24 FY25 FY24 FY25 EBITDA Margin is EBITDA / Reve
Slide 22: Cogeneration data
Cogeneration data Power Generated (Mn Units) Power Exported (Mn Unit) Average Realization (INR/Unit) 3.4 3.4 SNAPSHOT Due to the early closure of the 2023-24 and 2024-25 season, power revenue during FY25 stood at Rs. 319.7 138.0 million, compared to Rs. 474.8 million during the same 93.2 period last
Slide 23: Distillery Segment - quarterly snapshot
Distillery Segment - quarterly snapshot Ethanol production across both distilleries during Q4 FY25 stood at 29.9 million liters as against 21.5 million liters during the corresponding period last year. During Q4 FY25, industrial alcohol sales amounted to 30.0 million liters, increase of 42% compared
Slide 24: Distillery Segment - FY25 snapshot
Distillery Segment - FY25 snapshot During FY25, a total of 55.0 million liters of ethanol was produced across both distilleries. This contrasts with the previous year, where production of 99.2 million liters was clocked during FY24. Revenue from Operations (INR Million) Industrial Alcohol Sold (Mn L
Slide 25: Outlook
Outlook ❑ In response to the challenges faced during the 2023–24 sugar season (SS), our company has implemented a series of proactive measures to strengthen its operations and support farmers. A key initiative has been the strategic phasing out of the Co 0238 sugarcane variety, with a strong push to
Slide 26: Pictures of our facilities
ly, @ Pictures of our = facilities S88 S _——— Or
Slide 27: Dwarikesh Nagar unit (Bijnor district)
Dwarikesh Nagar unit (Bijnor district) Sugar plant overview Distillation house & multi-effect evaporator Bagasse silos & feeders of boiler Continuous pan
Slide 28: Dwarikesh Puram unit (Bijnor district)
Dwarikesh Puram unit (Bijnor district) Juice evaporator Centrifugal station Cogeneration control panel Switch yard
Slide 29: Dwarikesh Dham unit (Bareilly district)
Dwarikesh Dham unit (Bareilly district) Facility overview 24 MW TG set Pan station Clarification section
Slide 30: Dwarikesh Nagar distillery (Bijnor district)
Dwarikesh Nagar distillery (Bijnor district) 162.5 KLPD distillery
Slide 31: Dwarikesh Dham distillery (Bareilly district)
Dwarikesh Dham distillery (Bareilly district) 175 KLPD distillery
Slide 32: Thank You
Thank You Vijay S. Banka Poonam Saney Rohan Vora Managing Director (DSIL) Adfactors PR Pvt. Ltd. Adfactors PR Pvt. Ltd. Email: vsbanka@dwarikesh.com Email: poonam.saney@adfactorspr.com Email: rohan.vora@adfactorspr.com
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