Dwarikesh Sugar Industries Ltd. · NSE:DWARKESH
Dwarikesh Sugar Industries — Q1 FY25 Earnings Presentation
29 slides from Dwarikesh Sugar Industries's earnings presentation, Jul 31, 2024
Slide 1: Regulation 30 disclosure cover letter
DWARIKESH SUGAR INDUSTRIES LIMITED Corp. off.; 511, Maker Chambers V, 221, Nariman Point, Mumbai – 400021. Tel.: 2283 2486, 2204 2945, Fax: 2204 7288 E Mail: dsilbom@dwarikesh.com Website: www.dwarikesh.com, CIN: L15421UP1993PLC018642 REF: DSIL/2024-25/139 July 31, 2024 Corporate Relationship Depart
Slide 2: Investor update Q1 FY25 Results
Investor update Company Performance Date Q1 FY25 Results 31 July 2024
Slide 3: Safe harbor 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 securities
Slide 4: Earnings Call
You are cordially invited to Q1 FY25 earnings conference call of Dwarikesh Sugar Industries Limited on Thursday, 1st August 2024 at 2.00 PM Represented By Mr. Vijay S Banka - Managing Director Mr. B J Maheshwari - Managing Director Company secretary & CCO Ms. Priyanka Morarka - President (Corporate
Slide 5: Table of contents
Table of • Sector outlook ... 5 contents • Business overview ... 7 • Financial performance ... 12 • Operation trends ... 17 • Pictures of our facilities ... 22
Slide 6: Sector outlook
According to the latest insights from S&P Global, the projected surplus for the 2023-24 period is high at 5.4 million metric tons, marking the largest surplus since the 2017-18 season. This upward revision is on account of increased production. Brazil stands out prominently in this shift, leveragi
Slide 7: Sector outlook
Domestic prices remain elevated with favorable demand-supply balance, The prices have remained in the range of Rs. 38-39/kg with the closure of the crushing season. However, the scenario took a slight turn in July 2024 when sugar prices experienced some downturn. Heavy and continuous rainfall acro
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 Priyadarshini A
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 Q1 FY25
Slide 14: Financial performance
Financial performance 17,212.4 28.9 7713.9 2,166.2 (97.3) 406.2 835.2 (0.52) 2.16 4.44
Slide 15: Quarterly trends
Quarterly trends Revenue from Operations (Million) EBITDA (Million) PAT (Million) Average Domestic Sugar Realization EBITDA Margin PAT Margin INR/Quintal 3832.8 13.5% 7.1% 3608.2 773.9 0.8% 28.9 406.2 5712.1 3412.5 Q1FY24 Q1FY25 Q1FY24 Q1FY25 Q1FY24 Q1FY25 -97.3 PAT Margin is PAT / Revenue from oper
Slide 16: Financial summary
Financial summary All amounts in INR million
Slide 17: Financial summary
Financial summary All amounts in INR million
Slide 18: Operational trends
2 Operational Pte trends
Slide 19: Sugar business - Synopsis
• Because of the early closure of the sugar season 2023-24 in March 2024, sugarcane crushing activities in the first quarter of FY25 were completely halted. In contrast, during the same period in the previous year, a substantial 9.85 million quintals of sugarcane were processed. • Bijnor district, w
Slide 20: Sugar business - Quarterly snapshot
Sugar business - Quarterly snapshot Sugar Sold ('000 Quintal) Revenue from Operations (INR Million) EBITDA (INR Million) Average Domestic Sugar Realization INR/Quintal EBITDA Margin 3832.8 6.1% 3608.2 970.3 675.2 4933.7 2751.9 -1.7% 298.9 -48.1 Q1FY24 Q1FY25 Q1FY24 Q1FY25 EBITDA Margin is EBITDA / R
Slide 21: Cogeneration data
Cogeneration Power Generated (Mn Unit) data Power Exported (Mn Unit) Average Realization (INR/Unit) 3.5 SNAPSHOT Due to early closure of season, there was virtually no power revenue during Q1 FY 25 whereas revenue of ₹ 32.4 112 million was generated from evacuation & sale of 3.4 power during the cor
Slide 22: Distillery quarterly snapshot
Distillery quarterly snapshot The sale volume of Industrial Alcohol saw a decline of 60% in Q1 FY25 compared to the corresponding quarter of FY24. Correspondingly, revenue also dropped by 59% during Q1 FY25 compared to the same period last year. Industrial Alcohol Sold (Mn L) Revenue from Operations
Slide 23: Pictures of our facilities
Pictures of our facilities
Slide 24: Dwarikesh Nagar unit (Bijnor district)
Dwarikesh Nagar unit (Bijnor district)
Slide 25: Dwarikesh Puram unit (Bijnor district)
Dwarikesh Puram unit (Bijnor district)
Slide 26: Dwarikesh Dham unit (Bareilly district)
Dwarikesh Dham unit (Bareilly district)
Slide 27: Dwarikesh Nagar distillery (Bijnor district)
Dwarikesh Nagar distillery (Bijnor district)
Slide 28: Dwarikesh Dham distillery (Bareilly district)
Dwarikesh Dham distillery (Bareilly district)
Slide 29: Thank you
THANK YOU
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