Dwarikesh Sugar Industries Ltd. · NSE:DWARKESH
Dwarikesh Sugar Industries — Investor Presentation (2015)
22 slides from Dwarikesh Sugar Industries's investor presentation, 2015
Slide 1: Dwarikesh Sugar Industries Limited
DWARIKESH SUGAR INDUSTRIES LIMITED We will either find a way or make one
Slide 2: Registered Office
REGISTERED OFFICE DWARIKESH SUGAR INDUSTRIES LIMITED DWARIKESH NAGAR –246762 DISTRICT BIJNOR UTTAR PRADESH CORPORATE OFFICE 511, MAKER CHAMBERS V 221, NARIMAN POINT MUMBAI –400 021
Slide 3: Statutory Auditors, Bankers, Solicitors
STATUTORY AUDITORS S S KOTHARI MEHTA AND CO. CHARTERED ACCOUNTANTS 146-149 TRIBHUVAN COMPLEX, ISHWAR NAGAR, MATHURA ROAD, ND –65 BANKERS PUNJAB NATIONAL BANK INDUSTRIAL DEVELOPMENT BANK OF INDIA SARVA U.P.GRAMIN BANK ZILA SAHKARI BANK LTD SOLICITORS MULLA & MULLA & CRAIGIE BLUNT & CAROE KANGA
Slide 4: Board Room
BOARD ROOM Mr. G R Morarka MD – Key Promoter Mr. B K Agarwal Independent Director Ms. Malathi Mohan Independent Director Mr. K N Prithviraj Independent Director Mr. B J Maheshwari Whole time Director & CS cum CCO Mr. V S Banka Whole time Director & CFO
Slide 5: At the Helm
AT THE HELM Ms. P G Morarka Vice President (Corporate Affairs) Mr. B P Dixit Vice President (Works) Mr. R K Gupta Vice President (Works) Mr. S S Arya Chief General Manager (Admin) Mr. Alok Lohia Chief General Manager (Finance) Mr. Balendu Sharma Chief General Manager (IT) Mr. R S Thakur Chief Genera
Slide 6: Production Units
PRODUCTION UNITS Dwarikesh Nagar (DN): Tehsil – Nagina, District – Bijnor, Uttar Pradesh, India Dwarikesh Puram (DP): Tehsil – Dhampur, District – Bijnor, Uttar Pradesh, India Dwarikesh Dham (DD): Tehsil – Faridpur, District – Bareilly, Uttar Pradesh, India
Slide 7: Plant Capacity Matrix
PLANT CAPACITY MATRIX Division (Plant Capacity) DN DP DD Total Sugar (TCD) 6500 7500 7500 21500 Cogen (MW) 17 33 36 86 Supply to State Grid (MW) 8 24 24 56 Distillery (KLPD) 30 - - 30
Slide 8: Infrastructure – Sugar Plant
INFRASTRUCTURE – SUGAR PLANT DN DP DD Total Land Availability (Acres) 86 58 72 Command Area of Cane (Hectares) 26,073 25,506 23005 Total Sugar Storage Capacity (Lac Quintals) 6.25 4.35 5.4 Total Molasses Storage Capacity (Lac Quintals) 1.6 2.1 2.04
Slide 9: Infrastructure – Distillery
INFRASTRUCTURE – DISTILLERY DN Total Molasses Storage Capacity (Quintals) 58,143 Total Rectified Spirit Storage Capacity (Bulk Liters') 11,15,150 Total Ethanol Storage Capacity (Bulk Liters') 5,53,930
Slide 10: Results for FYE 30th September
RESULTS FOR FYE 30TH SEPTEMBER *EXCEPT 2015 RESULTS ARE 18 MONTHS ENDING MARCH 2015 (Rs. Million) TOTAL Operating Book Value YEAR PAT EPS (Rs.) Net Worth INCOME Profit (PBDIT) Per Share 2005 1679 266 466.7 70.24 23.17 893.5 2006 2401 208.4 456.2 97.89 13.90 1534.5 2007 3145 (62.8) 189 89.93 (4.2) 15
Slide 11: Growth Trajectory – Cane Crushed
GROWTH TRAJECTORY – CANE CRUSHED Cane Crush (Lac Quintals) 250 237.08242.6 233.07 208.71 193.91 189.53188.58 200 172.72 150 126.47 105.99 100 50 0
Slide 12: Growth Trajectory – Sugar Production
GROWTH TRAJECTORY – SUGAR PRODUCTION (Lac Quintals) 30 25.12 25 22.87 23.81 21.33 20.22 20 17.82 18.32 17.9 15 12.35 10.73 10 5 0 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Slide 13: DSIL Group Recovery
DSIL GROUP RECOVERY Recovery (%) 10.78 10.8 10.6 10.43 10.4 10.32 10.22 10.2 10.12 10 9.77 9.81 9.8 9.67 9.65 9.6 9.49 9.4 9.2 9 8.8 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15
Slide 14: The Sugar Season 2014-15
THE SUGAR SEASON 2014-15 Cane Crushed at all 3 units – 23306353 Qtls. Total Sugar Produced – 2511538 Qtls. Sugar Recovery % Cane – 10.78
Slide 15: Share Capital Structure
SHARE CAPITAL STRUCTURE 89.20 lacs Equity Share of Rs. 10 each. Total Share capital Rs. 8.92 crores Till April 2001 Issued Bonus share in the ratio of 13:100. Share capital of the company increased to Rs. 10.08 crores Buy back of 25.20 lacs shares @ Rs. 40/- per share. Total share capital reduced Au
Slide 16: Shareholding Pattern as on 31-03-2015
SHAREHOLDING PATTERN AS ON 31-03-2015 Total No. of Shares Category % Held Promoter & Promoter 7883351 48.32 Group Public Sharing 8431325 51.68
Slide 17: SWOT Analysis
Strengths - Most modern plants and equipment Opportunities - Well planned infrastructure - Machinery that can be upgraded for higher - Abundant and Assured plan of capacities Sugarcane - Opportunity to get into value added business - Power Supply to state grid - Opportunity to set up bagasse based p
Slide 18: A Major Cost Driver - Sugarcane
A MAJOR COST DRIVER - SUGARCANE 3500 3151 3000 3030 2866 2897 2726 2624 2800 2800 2800 2500 2400 2200 2062 2050 2100 2000 1733 1700 1650 1500 1430 1416 1400 1391 1450 1250 1298 1150 1250 1000 812 795 803 812 500 0 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15* * Sug
Slide 19: Operating Ratios
OPERATING RATIOS 07- 08- 09- 10- 11- 12- 14- Particulars 08 09 10 11 12 13 15* Manufacturing Operating 71.61 52.16 79.21 72.06 77.09 79.77 82.10 Expense / Total Income Excise Duty/ Total Income 5.82 5.79 3.47 3.91 3.30 3.78 2.76 Staff Expenses / Total 6.62 7.27 5.02 5.92 4.6 4.33 4.89 Income Selling
Slide 20: Sugar Industry Outlook
SUGAR INDUSTRY OUTLOOK • Indian Sugar Industry is subject to cyclical forces Typical Cycle • Estimated Production for season 2014-15 for the country would be 28.5 million tons • Higher cane price & better cane variety led to higher cane growing and that in turn resulted into bumper production • Dome
Slide 21: Salient Features of Operations 2014-15
SALIENT FEATURES OF OPERATIONS 2014-15 Sugarcane crushing up by 11.67% Production of sugar up by 17.77% Recovery of Sugar up by 5.48% Satisfactory utilization of co-generation capacity The Process losses at DN and DP are one of the lowest in UP Recovery at DN unit is 11.11% which is probably highest
Slide 22: Thank You
THANK YOU
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