Avadh Sugar & Energy Ltd. · NSE:AVADHSUGAR
Avadh Sugar & Energy — Q4 FY21 Earnings Presentation
20 slides from Avadh Sugar & Energy's earnings presentation, May 13, 2021
Slide 1: Exchange filing cover letter, May 13, 2021
AAVADE SUGAR&ENE AVADH/SE/2021-22/14 ¥Y LTO May 13, 2021 The Manager The Manager Listing Department Listing Department National Stock Exchange of India Limited BSE Ltd. ‘Exchange Plaza’ 1st Floor, New Trading Ring C-1, Block G Rotunda Building Bandra-Kurla Complex P.J. Towers Bandra (E) Dalal Street
Slide 2: Result Presentation | Q4FY21/FY21
1 1 Result Presentation | Q4FY21/FY21
Slide 3: Agenda
Agenda 1 Q4FY21/ FY21 Highlights 2 Segmental Performance 3 Industry Updates
Slide 4: Index: Q4FY21/FY21 Highlights
Index 1 Q4FY21/ FY21 Highlights
Slide 5: Key Business Updates – Q4FY21/FY21 (1/2)
Key Business Updates – Q4FY21/FY21 (1/2) Sugar Stock as on 31st March 2021, 38.51 (including raw sugar 2.69 Lac Qtls) lakh quintals Average realization (Domestic): – Q4FY21 Rs. 3,132/- per quintal; Q4FY20 Rs. 3,171/- per quintal | FY21 Rs. 3,185/- per quintal; FY20 Rs. 3,250 /- per quintal Rec
Slide 6: Key Business Updates – Q4FY21/FY21 (2/2)
Key Business Updates – Q4FY21/FY21 (2/2) Details of Outstanding position Particulars (Rs. In Crores) FY 2020-21 FY 2019-20 Term Loan 653 699 Cash Credit 720 897 Total Debt 1,373 1,596 Cane Dues 491 556 Total Outside Liability 1,864 2,152 Reduction in Total Debt by Rs. 223 Cr from last Year Red
Slide 7: Operational Highlights – FY2020-21
Operational Highlights – FY2020-21 Consolidated crushing operation and recovery data for the financial year 2020-2021 in comparison to last financial year 2019-2020 S. No. Particulars FY 2020-21 FY 2019-20 1 Sugarcane crushed for the Financial Year (Lac MT) 57.83 60.03 2 Sugarcane diverted for B-hea
Slide 8: Profitability Highlights
Profitability Highlights Rs. Crore Q4FY21 Q4FY20 FY21 FY20 Total Income 833 773 2,717 2,565 Raw Material Cost 628 579 2,128 1,974 Employee Cost 28 27 97 92 Other Expenditure 68 72 226 232 EBITDA 109 95 266 267 Depreciation 13 11 49 45 PBIT 96 84 217 222 Interest 28 23 116 116 Profit Before Tax 68 61
Slide 9: Balance Sheet Highlights
Balance Sheet Highlights Rs. Crore Mar-21 Mar-20 Rs. Crore Mar-21 Mar-20 Shareholder’s Funds 666 592 Non-current assets 1,122 1,063 Share capital 20 20 Fixed assets 1,084 965 Other Equity 646 572 Capital W.I.P 14 69 Non-current liabilities 513 603 Financial assets 16 11 Long term borrowings 499 588
Slide 10: Index: Segmental Performance
Index 2 Segmental Performance
Slide 11: Sugar Segment Performance
Sugar Segment Performance Segmental Revenues (Rs. Lakh) Dispatched Qty (In Lacs) PBIT (Rs. Lakh) Q4FY21 81,692 21.39 5,126 Q4FY20 76,001 20.15 4,565 FY21 2,56,258 69.28 9,271 FY20 2,49,213 67.96 12,102 Sugar cane Crushed (Lakh Qtls) Sugar Recovery (%) * Realisation / Qtl Q4FY21 271.07 10.93 3,132 Q4
Slide 12: Distillery Segment Performance
Distillery Segment Performance Segmental Revenues (Rs. Lakh) PBIT (Rs. Lakh) Q4FY21 9,503 4,379 Q4FY20 7,476 3,249 FY21 34,715 12,684 FY20 23,624 10,791 Total Ethanol Production Average Realization of Ethanol Total Ethanol Sales (Lakh litres) (Lakh litres) (Rs./litre) B C B C B C Q4FY21 207.37 -- 16
Slide 13: Co-Generation Segment Performance
Co-Generation Segment Performance Segmental Revenues (Rs. Lakh) PBIT (Rs. Lakh) Q4FY21 6,793 750 Q4FY20 7,055 1,255 FY21 15,669 1,153 FY20 15,555 1,130 Power Sales Average Realization Power Generation (lakh units) (Lakh units) (Rs. Per Unit) Q4FY21 874 680 3.00 Q4FY20 1,030 811 2.94 FY21 1,980 1,476
Slide 14: Index: Industry Updates
Index 3 Industry Updates
Slide 15: Structural Changes in Ethanol to Drive Profitability
Structural Changes in Ethanol to Drive Profitability India is marching towards Ethanol Supply (April 21) Favorable Realizations GOI’s firm Target & Vision higher blending •Ethanol supply - Total LOI •India has achieved a blending •CCEA has raised base prices of •20% Ethanol Blending by quantity of 3
Slide 16: Sugar Industry Updates (1/3)
Sugar Industry Updates (1/3) As per ISO’s recent report, world sugar production in SS 20-21 is expected to decrease by (1.2)% y-o-y to 169.04 mln tonnes, deficit is largely on account of driven by lower production in major exporting countries like Europe, Brazil and Thailand Global Consumption is ex
Slide 17: Sugar Industry Updates (2/3)
Sugar Industry Updates (2/3) Sugar Output (Oct-Apr 2021): Sugar production is at 29.92 million tons for Oct - Apr 21, an increase of 15.09% on y-o-y basis • Production in UP remained lower at 10.56 million tons till April of SS 2020-21, as against 11.65 million tons in corresponding period last year
Slide 18: Sugar Industry Updates (3/3)
Sugar Industry Updates (3/3) Exports to Europe (TRQ): The government has permitted export of an additional 3,675 tonnes of raw/refined sugar under tariff-rate quota to the United Kingdom Indian Exports: Sugar mills in India have exported 24.96 lakh tonne of the commodity in the ongoing 2020-21 • The
Slide 19: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Avadh Sugar & Energy Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any s
Slide 20: Let’s Connect
Let’s Connect Mr. Dilip Patodia / Mr. Sudershan bajaj Ms. Pooja Sharma / Ms. Hina Agarwal dilip.patodia@birla-sugar.com / sudershan.bajaj@birla-sugar.com pooja.sharma@stellar-ir.com / hina@stellar-ir.com 9/1,R.N. Mukherjee Road, Kolkata B-612/A, Kanakia Wallstreet, Andheri (East), Mumbai For more in