Dhampur Bio Organics Ltd · NSE:DBOL
Dhampur Bio Organics — Q1 FY24 Earnings Presentation
21 slides from Dhampur Bio Organics's earnings presentation, Jul 26, 2023
Slide 1: Investor Presentation cover letter to exchanges
Dhampur Bio Organics Ltd. Date: July 26, 2023 To, The Manager - Listing The Manager – Listing Dept of Corp. Services, National Stock Exchange of India Ltd. BSE Limited Exchange plaza, Bandra Kurla Complex P.J. Towers, Dalal Street, Fort, Bandra East Mumbai – 400 001 Mumbai – 400 051 Scrip Code: 5435
Slide 2: Results Presentation Q1 FY24
RESULTS PRESENTATION Q1 FY24
Slide 3: Safe Harbour
Safe Harbour This presentation is strictly confidential and may not be copied, published, distributed or transmitted. The information in this presentation is being provided by Dhampur Bio Organics Limited (also referred to as the ‘Company’). By attending the meeting where this presentation is being
Slide 4: Our Certifications
Our Certifications SGS, IsO 9001:2015 Dhampur Bio Organics Limited, Units-Asmoli and Mansurpur has been certified with ISO 9001:2015 for manufacturing of Refined White Sugar. ()| > ""sGs ISO 45001:20138 Dhampur Bio Organics Limited, Unit-Asmoli has been certified with ISO 45001:2018 for manufacturin
Slide 5: Our shareholding pattern
Our shareholding pattern Shareholding Pattern as on June 30, 2023 NRI 0.74% FII 4.81% Individual Promoter Shareholder 50.44% 37.24% Others 6.77% • No Material change in shareholding in comparison to previous quarter shareholding. 4
Slide 6: Our Capacities
Our Capacities Asmoli Plant Mansurpur Plant Meerganj Plant Capacity Consolidated (District Sambhal) (District Muzaffanagar) (District Bareilly) Sugarcane Crushing (TCD) 12,500* 8,000 9,000* 29,500* Sugar Refinery (TPD) 1,100 900 _ 2,000 Pharma Grade Sugar (TPD) 700 _ _ 700 LQW Sugar (TPD) _ _ 800 80
Slide 7: Sugar Season Operational Highlights
Sugar Season Operational Highlights Cane Diverted For Syrup Cane Crushed Net Recovery 4.27 3.80 3.98 3.68 10.82 0.41 3.80 3.78 9.91 0.37 9.47 0.35 0.20 0.59 - (2020-2021) (2021-2022) (2022-2023) (2020-2021) (2021-2022) (2022-2023) (2020-2021) (2021-2022) (2022-2023) Cane Crush (MMT) Recovery (%) Sug
Slide 8: Key Operational Highlights
Key Operational Highlights Sugar UOM Q1 FY24 Q1 FY23 FY23 FY22 Sugar Production Tons 49,916 51,995 350,578 396,604 Sugar Sales Tons 97,968 98,964 453,144 329,516 Avg. Realisation ₹/Ton 37,621 35,687 36,684 35,134 Inventory Tons 106,133 214,669 147,108 254,195 Valuation Rate ₹/Ton 34,682 33,953 33,92
Slide 9: Financial Performance
Financial Performance Particulars Q1 FY24 Q1 FY23 FY23 FY22 Revenues 676.26 495.70 2,648.60 1,564.09 EBIDTA 41.14 35.15 212.91 194.20 Depreciation 11.08 8.43 40.32 30.79 EBIT 30.06 26.72 172.59 163.41 Interest 13.28 14.32 40.74 29.66 PBT (after Exceptional Items) 16.78 12.40 135.78 129.74 PAT 10.95
Slide 10: Financial Performance…Contd
Financial Performance…Contd REVENUE FROM OPERATIONS (₹ in Crore) 2,648.60 1,564.09 676.26 495.70 Q1 FY23 Q1 FY24 FY22 FY23 PROFIT AFTER TAX 112.02 104.05 8.79 10.95 Q1 FY23 Q1 FY24 FY22 FY23 9
Slide 11: Revenue Analysis (Q1 FY24 vs Q1 FY23)
Revenue Analysis (Q1 FY24 vs Q1 FY23) (₹ in Crores) Revenue Sugar Ethanol Country Revenue Sugar Qty Ethanol Price Power Others* (Q1 FY23) Realization Qty Liquor (Q1 FY24) *Others includes other ancillary products 10
Slide 12: Balance Sheet Highlights
Balance Sheet Highlights • ₹229.85 Crore as on June 30, 2023 Long Term Loans • ₹246.32 Crore as on Mar 31, 2023 • ₹367.74 Crore as on June 30, 2023 Working Capital • ₹460 Crore as on Mar 31, 2023 Long Term Debt • 0.23 times as on June 30, 2023 Equity Ratio • 0.25 times as on Mar 31, 2023 ➢ Long term
Slide 13: Segment Overview
DBO SEGMENT OVERVIEW
Slide 14: Segment Performance Q1 FY24 Vs Q1 FY23
Segment Performance Q1 FY24 Vs Q1 FY23 (₹ in Crore) Q1 FY23 REVENUE CONTRIBUTION Q1 FY24 REVENUE CONTRIBUTION Sugar Bio Fuels & Spirits Sugar Bio Fuels & Spirits Country Liquor 19% 23% 21% 60% 77% Q1 FY23 Segment PBIT & PBIT Margin % Q1 FY24 Segment PBIT & PBIT Margin % 23.91 20.57 18.44 9.30 4.52%
Slide 15: Segment Overview
Segment Overview Revenues (₹ crore) Q1 FY24 Q1 FY23 Change % FY23 FY22 Change % Sugar 455.43 428.93 6% 2,252.47 1,456.18 55% Bio fuels & Spirits 154.88 131.47 18% 563.76 274.83 105% Country Liquor 141.52 - 100% 275.63 - 100% PBIT (₹ crore) Q1 FY24 Q1 FY23 Change % FY23 FY22 Change % Sugar 20.57 9.30
Slide 16: Sugar Segment
Sugar Segment Financial Operational Revenue Sugar Net Sugar Revenues PBIT Cane Sugar Particulars Contribution Production Recovery Realizations (₹ cr) (₹ cr) Crushed# # Sales# % (%) (₹/Ton) Q1 FY24 455.43 61% 20.57 5.50 0.50 9.62% 0.98 37,621 Q1 FY23 428.93 77% 9.30 6.02 0.52 9.23% 0.99 35,687 FY23 2
Slide 17: Bio Fuels & Spirits
Bio Fuels & Spirits Financial Operational Particulars Revenues Revenue PBIT RS/ Ethanol (lac BL) Avg. Sales Realization (₹ Crore) Contribution % (₹ Crore) (INR/BL) Production Sales Q1 FY24 154.88 21% 18.44 254.55 238.68 61.08 Q1 FY23 131.47 23% 23.91 209.53 208.97 59.57 FY23 563.76 18% 108.90 980.59
Slide 18: Country Liquor
Country Liquor Financial Operational Particulars Revenues Revenue PBIT Particulars Sales Average Realisation (₹ cr) Contribution % (₹ cr) (Cases) (₹/Cases) Q1 FY24 141.52 19% 1.94 Q1 FY24 5,93,156 283.31 FY23 275.63 9% 1.31 FY23 11,62,009 250.14 17
Slide 19: Domestic Sugar Scenario
Domestic Sugar Scenario • The estimated sugar production in the country during the sugar season 2022-23 is likely to be about 32.8 MMT. • Estimated Diversion of Sugar towards ethanol 4.1 MMT and exports about 6.35 MMT • Sugar Stock balance is estimated to be about 6 MMT at the end of sugar year 22-2
Slide 20: Bio Fuels Scenario
Bio Fuels Scenario ➢ OMCs finalized 559.08 crore liters for the Ethanol Supply Year 2022-23 (Dec.-Oct.) against a total requirement of 600 crore liters. Contracts for 553.68 crore liters have been executed till 09th July, 2023. ➢ Against the above, 351.15 crore liters have been lifted by the OMCs ti
Slide 21: Thank You
THANK YOU Corp. Office: Second Floor, Plot No. 201, Okhla Industrial Estate, Phase III, New Delhi - 110 020, India, Tel: +91-11- 6905 5200, Email: corporateoffice@dhampur.com, Website: www.dhampur.com 20