Balrampur Chini Mills Ltd · NSE:BALRAMCHIN
Balrampur Chini Mills — Q3 FY2020 Earnings Presentation
20 slides from Balrampur Chini Mills's earnings presentation, Feb 10, 2020
Slide 1: Exchange cover letter: Results Presentation
BALRAMPUR CHINI MILLS LIMITED CIN - L 15421WB1975PLC030118 REGD. OFF.: "FMC FORTUNA" 2ND FLOOR, 234/3A, A. J.C. BOSE ROAD, KOLKATA- 700 020 PHONE: 2287-4749 •FAX: (033) 2283-4487 •Email:bcml@bcml.in•www.chini.com 10th February, 2020 National Stock Exchange of India Limited BSE Limited Listing Deptt.
Slide 2: Q3 & 9M FY20 Results Presentation
Balrampur Chini Mills Limited Q3 & 9M FY20 Results Presentation February 10, 2020
Slide 3: Safe Harbour
Safe Harbour 2 Certain statements in this document may be forward-looking statements. Such forward- looking statements are subject to certain risks and uncertainties like government actions, local political or economic developments, agricultural policies, climatic conditions, technological risks, an
Slide 4: Table of Content
Table of Content 3 Conference Call Details 4 Performance Highlights 8 Management’s Message 9 Company Highlights 10 Financial Overview 12 Segmental Overview 13
Slide 5: Conference Call Details
Conference Call Details 4 Timing 12:00 noon on Tuesday, February 11, 2020 Conference dial-in Primary number: +91 22 6280 1141 / 7115 8042 Toll free Number Singapore: 800 101 2045 Hong Kong: 800 964 448 USA: 1 866 746 2133 UK: 0 808 101 1573
Slide 6: A Leading Integrated Sugar Player In India
A Leading Integrated Sugar Player In India 5 Operational Latest technology implemented to achieve highest operational results and efficiencies leverage inter-plant synergies to maximize by-product utilization Management expertize Strong management team with years of sugar industry experience One of
Slide 7: Business Model
Business Model 6 Maximize value Economic sized accrual from operations every tonne of driving cost cane crushed efficiencies Supported by Integrated very strong Intra-plant operations farmer synergies relationships Greater Close proximity hedge between plants against the maximizes by- sugar cycle pr
Slide 8: Plant Locations
Plant Locations 7 Sugarcane crushing capacity at 76,500 TCD, Distillery and Co-generation operations of 520 KLPD and 165.2 MW (Saleable) respectively Sugar Distillery COGEN POWER (MW) UNITS Capacity (TCD) (KPLD) SALEABLE CAPACITY BALRAMPUR 12,000 160 27.25 BABHNAN 10,000 100 10.00 Gularia TULSIPUR 7
Slide 9: Performance Highlights (Standalone)
Performance Highlights (Standalone) 8 Q3 FY2020 highlights v/s Q3 FY2019 9MFY2020 highlights v/s 9MFY2019 Revenue from operations stood at ` 1,19,578 lacs as Revenue from operations stood at ` 3,00,125 lacs as compared to ` 94,091 lacs compared to ` 2,95,844 lacs EBITDA at ` 11,021 lacs as compared
Slide 10: Management’s Message
Management’s Message 9 Commenting on the performance for Q3 & 9M FY2020, Mr. Vivek Saraogi, Managing Director, Balrampur Chini Mills Limited (BCML), said: “I am glad to share that BCML has delivered stable performance during the quarter and nine months ended 31st December 2019 despite the challengin
Slide 11: Company Highlights
Company Highlights 10 Long term and Short Term ratings of the Company stands at AA and A1+ respectively as assigned by ICRA and CRISIL. As on 31st December 2019 long term debt of the Company stands at ` 46,414.70 lacs which includes SDF Loan of `533.40 lacs @4% and balance are Term loans availed
Slide 12: Recent Government Initiatives
Recent Government Initiatives 11 The Central Government has announced creation of buffer stock of 4.0 million tonnes for a period of 1 year w.e.f. 1st August, 2019 in order to help the sugar industry from demand – supply mismatch. The carrying cost on the same is to be reimbursed by Central Govern
Slide 13: Financial Overview
Financial Overview 12 Particulars Q3 FY20 Q3 FY19 % Q-o-Q 9M FY20 9M FY19 % H-o-H Growth Growth (` in Lacs) (` in Lacs) (` in Lacs) (` in Lacs) Revenue from Operations 1,19,578 94,091 27.09% 3,00,125 2,95,844 1.45% EBITDA 11,021 16,016 -31.19% 44063 43066 2.32% EBITDA Margin (%) 9.22% 17.02% - 14.68
Slide 14: Segmental Overview – Sugar
Segmental Overview – Sugar 13 Financial Segment Revenues % contribution to PBIT % contribution to (` lacs) Revenues (` lacs) PBIT Q3 FY20 1,15,303 84.27% 4,868 46.43% Q3 FY19 83,517 75.33% 2,082 13.19% 9M FY20 2,74,066 81.34% 21,211 50.38% 9M FY19 2,55,590 78.28% 8,764 21.33% Operational Average Fre
Slide 15: Segmental Overview – Sugar
Segmental Overview – Sugar 14 Sugarcane Crushed (lac qtls.) Sugar Recovery (%) 1,103.62 11.58 927.83 11.11 11.25 11.11 742.56 794.65 11.06 10.84 10.77 509.48 429.50 10.66 293.33 262.15 FY16 FY17 FY18 FY19 9M 9M Q3 Q3 FY16 FY17 FY18 FY19 9M 9M Q3 Q3 FY19 FY20 FY19 FY20 FY19 FY20 FY19 FY20 Sugar Produ
Slide 16: Segmental Overview – Distillery
Segmental Overview – Distillery 15 Financial Segment Revenues % contribution to PBIT % contribution to (` lacs) Revenues (` lacs) PBIT Q3 FY20 10,277 7.51% 3,951 37.68% Q3 FY19 12,190 10.99% 9,266 58.68% 9M FY20 37,584 11.15% 19,200 45.60% 9M FY19 35,465 10.86% 22,883 55.70% Ethanol Ethanol Ethanol
Slide 17: Segmental Overview – Distillery
Segmental Overview – Distillery 16 Distillery Production(KL) 1,06,567 81,003 76,284 81,522 70,555 72,158 27,898 22,869 FY16 FY17 FY18 FY19 9MFY19 9MFY20 Q3FY19 Q3FY20 Distillery Sales (KL) Avg. Realization - Distillery (` per BL) 1,10,898 42.55 42.58 85,706 85,293 41.29 41.24 41.72 80,659 40.74 64,7
Slide 18: Segmental Overview – Co-generation
Segmental Overview – Co-generation 17 Financial Segment Revenues % contribution to PBIT % contribution to (` lacs) Revenues (` lacs) PBIT Q3 FY20 10,917 7.98% 1,537 14.66% Q3 FY19 15,031 13.56% 4,387 27.78% 9M FY 20 24,474 7.26% 1,337 3.18% 9M FY19 34,881 10.68% 9,267 22.56% Average Power Generation
Slide 19: Segmental Overview – Co-generation
Segmental Overview – Co-generation 18 Production (Lac units) 10,497 8,741 7,469 7,537 6,100 5,134 2446 1975 FY 16 FY 17 FY18 FY19 9MFY19 9MFY20 Q3 FY19 Q3 FY20 Power sales (Lac units) Avg. Realization (` per unit) 4.77 4.81 4.81 4.94 4.96 4.98 6,638 5,307 5,105 5,680 3.10 3.11 4,009 3,164 1,473 1,12
Slide 20: Contact Us
Contact Us 19 About Balrampur Chini Mills Limited – For further information contact: CIN: L15421WB1975PLC030118 Pramod Patwari Balrampur Chini Mills Limited (BCML) is one of the largest integrated sugar Chief Financial Officer companies in India. The allied businesses of the Company comprise distill
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