Al-noor Sugar Mills Limited · PSX:ALNRS
Al-noor Sugar Mills — Investor Presentation (2024)
35 slides from Al-noor Sugar Mills's investor presentation, 2024
Slide 1: Al-Noor Sugar Mills Limited Corporate Briefing 2023-24
AL-NOOR SUGAR MILLS LIMITED CORPORATE BRIEFING 2023-24
Slide 2: Important Disclaimer
IMPORTANT DISCLAIMER THIS PRESENTATION IS NOT AN OFFER OR SOLICITATION OF AN OFFER TO BUY OR SELL ANY SECURITIES OR ANY INVESTMENT. This presentation has been prepared Al-Noor Sugar Mills Limited {“Al-Noor Sugar Mills”} solely for information purposes. No representation or warranty express or implie
Slide 3: Contents
Contents 1. Group Profile 2. Company Profile 3. Directors Profile 4. Business Segments 5. Capacity and Production Analysis 6. Analysis of Financial Results 7. Key Financials Indicators 8. Value Additions 9. Investor Relation 10.Future Outlook 11.Q & A Session 12.Thank You
Slide 4: Group Profile
Group Profile Al-Noor Group The Al-Noor Group first began trading activities in the late nineteen century in Mauritius. In 1897 sugar manufacturing facilities on a very small scale were opened in Mauritius and thereafter offices in India, Sri Lanka and Burma were established to handle trading of sug
Slide 5: Group Profile
Group Profile Al-Noor Group In 1984 the Group established Reliance Insurance Company Limited. In 1987 the Al-Noor Medium Density Fiber (MDF) Board Industries (known as Lasani), was established as a unit of Al-Noor Sugar. The unit has since expended in MDF laminates and continues to expand in various
Slide 6: Company Profile
Company Profile The Company was incorporated in Pakistan as a public limited company on August 08, 1969 and its shares are quoted at the Pakistan Stock Exchange Limited. The Company owns and operates sugar, medium density fiber (MDF) board and generation of power units which are located at Shahpur J
Slide 7: Directors Profile
Directors Profile Mr. Zia Zakaria Mr. Zia Zakaria is the Director with over 29 years of Industrial experience including operations specifically in sugar industry and Distillery Division. Mr. Noor Mohammad Zakaria Mr. Noor Mohammad Zakaria is the Director with over 48 years of diversified Trading and
Slide 8: Directors Profile
Directors Profile Ms. Munifa Ayoob Ms Munifa Ayoob completed her MSc in Sustainable Development University of London, SOAS, International Programmes during 2018. Mr.Khurram Aftab (Independent Director) Mr.Khurram Aftab presently the Fund Manager for the Fixed Income Fund at NIT and has over ten year
Slide 9: Business Segments
Business Segments Sugar Board Division PLANT CAPACITY Cane Crushing Capacity of Mende Line 120 Cubic Meter 14,500 M.Tons per day Sunds Line 122 Cubic Meter
Slide 10: Sugar and MDF Board Division Production Data
Sugar Division - Production - Data 2020 2021 2022 2023 2024 Crushing (M.Tons) 769,428 677,785 940,764 789,713 1,109,983 Sugar Production (M.Tons) 74,665 68,623 98,110 79,575 119,117 Recovery % 9.70 10.12 10.43 10.09 10.73 MDF Board Division - Production - Data 2020 2021 2022 2023 2024 Mande Line 30,
Slide 11: Sugar – Crushing Data – M. Tons
Sugar – Crushing Data – M. Tons 1,300,000 1,109,983 1,100,000 940,764 900,000 789,713 769,428 700,000 677,785 Series1 500,000 300,000 100,000 2020 2021 2022 2023 2024
Slide 12: Sugar – Production Data in M. Tons
Sugar – Production Data in M. Tons 140,000 119,117 120,000 100,000 98,110 79,575 80,000 74,665 68,623 60,000 40,000 20,000 0 2020 2021 2022 2023 2024
Slide 13: Sugar – Recovery Trend in %
Sugar – Recovery Trend in % 11.20 11.05 10.90 10.75 10.73 10.60 10.45 10.43 10.30 10.15 10.12 10.08 10.00 2020 2021 2022 2023 2024
Slide 14: MDF Board – Production Data in Cubic Meter
MDF Board – Production Data in Cubic Meter 100,000 90,000 86,494 80,000 71,762 71,280 70,000 67,512 66,516 60,000 50,000 40,000 30,000 20,000 10,000 2020 2021 2022 2023 2024
Slide 15: Analysis of Financial Results: Horizontal Profit or Loss
Analysis of Financial Results Horizontal & Vertical Analysis Statement of Profit OR Loss Column1 Column10 Column11 Column12 Column13 Rupees in millions 2024 2023 STATEMENT OF PROFIT OR LOSS Rs. % Rs. % HORIZONTAL ANALYSIS Turnover 20,736.29 58.02 13,122.46 24.43 Cost of sales (17,301.61) 56.97 (11,0
Slide 16: Analysis of Financial Results: Vertical Profit or Loss
Analysis of Financial Results Rupees in millions STATEMENT OF PROFIT OR LOSS 2024 2023 VERTICAL ANALYSIS Rs. % Rs. % Turnover 20,736.29 100.00 13,122.46 100.00 Cost of sales (17,301.61) (83.44) (11,022.28) (84.00) Gross Profit 3,434.68 16.56 2,100.18 16.00 Distribution costs (221.70) (1.07) (67.53)
Slide 17: Financial Position Horizontal Analysis: Assets
Analysis of Financial Results Column1 Column10 Column11 Column12 Column13 STATEMENT OF FINANCIALS POSITION Rupees in millions HORIZONTAL ANALYSIS 2024 2023 ASSETS Rs. % Rs. % NON CURRENT ASSETS Property, plant and equipment 9,353.10 (3.17) 9,658.82 96.56 Right-of-use assets 11.60 (40.11) 19.36 464.5
Slide 18: Financial Position Horizontal Analysis: Equity and Liabilities
Analysis of Financial Results STATEMENT OF FINANCIALS POSITION Rupees in millions HORIZONTAL ANALYSIS 2024 2023 Rs. % Rs. % EQUITY AND LIABILITIES SHARE CAPITAL AND RESERVES Issued, subscribed and paid up capital 204.74 0.00 204.74 (0.00) General reserves 1,000.00 0.00 1,000.00 0.00 Shares of associ
Slide 19: Financial Position Vertical Analysis: Assets
Analysis of Financial Results Column1 Column10 Column11 Column12 Column13 STATEMENT OF FINANCIALS POSITION Rupees in millions VERTICAL ANALYSIS 2024 2023 ASSETS Rs. % Rs. % NON CURRENT ASSETS Property, plant and equipment 9,353.10 51.38 9,658.82 53.32 Right-of-use assets 11.60 0.06 19.36 0.11 Intang
Slide 20: Financial Position Vertical Analysis: Equity and Liabilities
Analysis of Financial Results STATEMENT OF FINANCIALS POSITION Rupees in millions VERTICAL ANALYSIS 2024 2023 EQUITY AND LIABILITIES Rs. % Rs. % SHARE CAPITAL AND RESERVES Issued, subscribed and paid up capital 204.74 1.12 204.74 1.13 General reserves 1,000.00 5.49 1,000.00 5.52 Shares of associate'
Slide 21: Key Financials Indicators: Margins
Key Financials Indicators Gross Profit Margin % Sales 16.56% 16.00% 15.80% 15.52% 14.33% 2020 2021 2022 2023 2024 EBITDA Margin % sales 15.53% 13.64% 11.73% 10.57% 9.14% 2020 2021 2022 2023 2024
Slide 22: Key Financials Indicators: Return on Equity
Key Financials Indicators Return on Equity % (Net) 11.73% 6.47% 6.44% 5.07% 2020 2021 2022 2023 2024 -1.78%
Slide 23: Key Financials Indicators: Current and Debt Equity Ratio
Key Financials Indicators Current Ratio 1.40 1.36 1.35 1.30 1.25 1.20 1.15 1.15 1.07 1.10 1.05 1.00 0.95 0.93 0.95 0.90 0.85 0.80 0.75 0.70 0.65 0.60 2020 2021 2022 2023 2024 Debt Equity Ratio 1.50 1.27 1.15 1.08 1.06 1.00 0.92 0.50 0.00 2020 2021 2022 2023 2024
Slide 24: Key Financials Indicators: Debt Equity
Key Financials Indicators Debt Equity in % 100% 90% 80% 2,516,972 3,131 3,272 2,525,658 3,422 70% 60% 50% Equity Debt 40% 30% 2,746,293 2,902 3,092 2,199,014 2,704 20% 10% 0% 2020 2021 2022 2023 2024
Slide 25: Key Financials Indicators: Turnover Ratios
Key Financials Indicators Fixed Assets Turnover Ratio 2.24 2.25 1.99 2.00 1.90 1.89 1.75 1.50 1.39 1.25 1.00 0.75 0.50 0.25 2020 2021 2022 2023 2024 Assets Turnover Ratio 1.00 0.72 0.75 0.50 0.25 2020 2021 2022 2023 2024
Slide 26: Statement of Value Addition
Value Additions Column1 Column2 Column3 Column4 Column5 STATEMENT OF VALUE ADDITION Rupees in Millions Rupees in Millions 2024 % 2023 % WEALTH GENERATED Revenue 24,700.13 16,098.14 Expenses 16,892.57 10,867.72 Wealth generated 7,807.56 100.00 5,230.42 100.00 WEALTH DISTRIBUTED To Government Sales Ta
Slide 27: Value Additions - 2024
Value Additions - 2024 Retained with business Shareholders as Dividend568.63 0.00 7% 0% Finance cost on borrowed funds 1,842.97 24% Sales Tax, Income Tax, Road Cess, WWF 4,270.99 55% Salaries, WPPF, Benefits and others 1,125.00 14%
Slide 28: Value Additions - 2023
Value Additions - 2023 Retained with business 453.94 9% Shareholders as Dividend 184.26 3% Sales Tax, Income Tax, Road Cess, WWF Finance cost on borrowed funds 2,418.08 1,231.55 46% 24% Salaries, WPPF, Benefits and others 942.58 18%
Slide 29: Investor Relations
Column1 Column3 Column4 Column5 Column6 Column7 Investor Relations Share Regsistrar C & K Management Associates (Pvt.) Ltd 404, Trade Tower, Abdullah Haroon Road, Near Metropole Hotel Karachi 2020 2021 2022 2023 2024 Number of Shares (Issued/ Paid-up) 20473702 20473702 20473702 20473702 20473702 Ear
Slide 30: Investors Relations
Investors Relations Earning per Share Rs. - Basic 14.43 10.30 9.89 9.25 2020 2021 2022 2023 2024 (2.20) Shares price in Rs. 90 80 70 60 50 40 30 20 10 0 2020 2021 2022 2023 2024
Slide 31: Investors Relations – Shares Price Rs.
Investors Relations – Shares Price Rs. P/E Ratio 20 10 0 2020 2021 2022 2023 2024 -10 -20 -30 -40 -50 Highest Price - Lowest Price Price at 30th September-
Slide 32: Future Outlook
FUTURE OUTLOOK Horizontal & Vertical Analysis Statement of Profit OR Loss Column1 Column4 Column5 Column6 Column7 Rupees in millions STATEMENT OF PROFIT OR LOSS 2024 2023 October to December October to December VERTICAL ANALYSIS Rs. % Rs. % Turnover 5,605.01 100.00 6,078.97 100.00 Cost of sales (5,2
Slide 33: Future Outlook
FUTURE OUTLOOK Column1 Column2 Column3 December-24 December-23 Actual Crushing (M.Tons) 202,650 411,996 Sugar Production (M.Tons) 16,660 40,060 Recovery % 9.22 10.10 MDFB Production (M.Tons) 13,918 17,274
Slide 34: Q & A Session
Q & A Session
Slide 35: Thank You
Thank You