Balrampur Chini Mills Ltd · NSE:BALRAMCHIN
Balrampur Chini Mills — Q1 FY21 Earnings Presentation
24 slides from Balrampur Chini Mills's earnings presentation, Aug 7, 2020
Slide 1: Cover letter to stock exchanges
BALRAMPUR CHINI MILLS LIMITED CIN - L15421WB1975PLC030118 REGD. OFF.: "FMC FORTUNA" 2N D 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 7th August, 2020 National Stock Exchange of India Limited BSE Limited Listing Dep
Slide 2: Q1FY21 Results Presentation
Balrampur Chini Mills Limited Q1FY21 Results Presentation August 7, 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 1 Conference Call Details 4 2 Performance Highlights 8 3 Management's Message 9 4 Company Highlights 10 5 Central Government Initiatives 11-12 6 Financial Overview 13 7 Segmental Overview 14-19 8 Shareholding Pattern 20 9 Borrowings & Ratios 21 10 Distribution to Shareholders 22
Slide 5: Conference Call Details
Conference Call Details 4 Timing 12:00 noon on Monday, August 10, 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 efficiencies and 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 Capacities under which Company operates it various facilities are as under:- Sugar Distillery COGEN POWER (MW) UNITS Capacity (TCD) (KLPD) SALEABLE CAPACITY BALRAMPUR 12,000 160 27.25 BABHNAN 10,000 100 10.00 TULSIPUR 7,000 - - Gularia HAIDERGARH 5,000 - 20.95 Tulsipur Kumbhi AKBAR
Slide 9: Performance Highlights (Standalone)
Performance Highlights (Standalone) 8 Q1 FY21 highlights v/s Q1 FY20 Q1FY21 highlights v/s Q4 FY20 Revenue from operations stood at ` 143,033.71 lacs Revenue from operations stood at ` 1,43,033.71 lacs as compared to ` 94,849.63 lacs as compared to ` 1,74,004.71 lacs (Growth of 50.80%) (Decline of 1
Slide 10: Management's Message
Management’s Message 9 Commenting on the performance for Q1FY2021, Mr. Vivek Saraogi, Managing Director, Balrampur Chini Mills Limited (BCML), said: “I am pleased to share that the Company has delivered an encouraging performance in the first quarter of the fiscal, despite various challenges witness
Slide 11: Company Highlights
Company Highlights 10 Company has started producing Hand Sanitizers from March 2020. Long term and Short Term ratings of the Company stands at AA and A1+ respectively as assigned by ICRA and CRISIL. As at 30th June 2020 long term borrowings (excluding long-term maturities of finance lease obli
Slide 12: Central Government Initiatives for sugar season 2019-20
Central Government Initiatives for sugar season 2019-20 11 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 Governm
Slide 13: Central Government Initiatives for sugar season … contd.
Central Government Initiatives for sugar season … contd. 12 2019-20 The regime of Minimum Selling Price (MSP) of sugar which was first time fixed at ` 29000/- per MT in June 2018 and further increased to ` 31000/- per MT in February 2019 also continued. MSP is the ex- factory price (excluding GST
Slide 14: Financial Overview
Financial Overview 13 Particulars Q1 FY21 Q1 FY20 Q1FY 21 v/s Q1FY 20 Q4FY20 Q1FY 21 v/s Q4FY 20 (` in lacs) (` in lacs) (` in lacs) Revenue from Operations 1,43,033.71 94,849.63 50.8% 1,74,004.71 (17.8)% * EBITDA 21,745.07 17,585.89 23.7% 24,133.29 (9.9)% * EBITDA Margin (%) 15.2% 18.5% 13.9% Depre
Slide 15: Segmental Overview – Sugar
Segmental Overview – Sugar 14 Financial U.O.M. Q1FY21 Q1FY20 Q1FY 21 v/s Q1FY 20 Q4FY20 Q1FY 21 v/s Q4FY 20 Segment Revenues * (` in Lacs) 1,34,111.84 83,701.95 60.2% 1,77,244.51 (24.3)% Segment PBIT (` in Lacs) 9,495.30 7,329.29 29.6% 13,211.58 (28.1)% PBIT % % 7.1% 8.8% 7.5% Operational U.O.M. Q1F
Slide 16: Segmental Overview – Sugar … contd.
Segmental Overview – Sugar … contd. 15 Sugarcane Crushed (lac qtls.) Achieved Sugar Recovery (%) 1,103.62 12.18 1,020.30 11.93 12.00 11.90 590.81 11.58 167.34 200.76 FY19 FY20 Q4 Q1 Q1 FY19 FY20 * Q4 Q1 Q1 FY20 FY20 FY21 FY20 * FY20 FY21 * Average Domestic Sale Realization Sugar Production (lac qtls
Slide 17: Segmental Overview – Distillery
Segmental Overview – Distillery 16 Financial U.O.M. Q1FY21 Q1FY20 Q1FY 21 v/s Q1FY 20 Q4FY20 Q1FY 21 v/s Q4FY 20 Segment Revenues (` in Lacs) 22,326.37 13,915.32 60.4% 17,324.61 28.9% Segment PBIT (` in Lacs) 9,585.80 8,512.51 12.6% 6,946.63 38.0% PBIT % % 42.9% 61.2% 40.1% Operational U.O.M. Q1FY21
Slide 18: Segmental Overview – Distillery … contd.
Segmental Overview – Distillery … contd. 17 Total Production (Cr BL) Ethanol Production from Ethanol Production from C-heavy molasses route (Cr BL) B-heavy molasses route (Cr BL) 12.76 10.66 10.29 7.99 3.58 3.36 3.23 4.61 4.67 2.77 2.63 0.86 1.08 - - FY19 FY20 Q4 Q1 Q1 FY19 FY20 Q4 Q1 Q1 FY19 FY20 Q
Slide 19: Segmental Overview – Co-generation
Segmental Overview – Co-generation 18 Financial U.O.M. Q1FY21 Q1FY20 Q1FY 21 v/s Q1FY 20 Q4FY20 Q1FY 21 v/s Q4FY 20 (` in Lacs) Segment Revenues 9,565.22 11,057.22 (13.5)% 20,575.74 (53.5)% (` in Lacs) Segment PBIT 1,160.34 720.16 61.1% 3,417.04 (66.0)% PBIT % % 12.1% 6.5% 16.6% Operational U.O.M. Q
Slide 20: Segmental Overview – Co-generation … contd.
Segmental Overview – Co-generation … contd. 19 Production (Crore units) 104.97 90.24 38.90 27.06 17.61 FY19 FY20 Q4 FY20 Q1 FY20 Q1 FY21 Power sales (Crore units) Avg. Realization (` per unit) 4.94 66.38 52.61 3.06 3.01 2.98 3.19 20.97 18.39 9.07 FY19 FY20 Q4FY20 Q1FY20 Q1FY21 FY 19 FY 20 Q4FY20 Q1F
Slide 21: Shareholding Pattern
Shareholding Pattern 20 (in %) Particulars Jun-19 Sep-19 Dec-19 Mar-20 Jun-20 Promoter 41.1% 41.1% 41.1% 41.1% 41.1% FII 26.4% 26.4% 24.8% 22.6% 19.0% DII 7.7% 10.3% 11.6% 12.8% 12.4% Others 24.8% 22.2% 22.4% 23.5% 27.5% As on 30.06.2020 (in %) 27.5 Promoter 41.1 FII DII 12.4 Others 19.0
Slide 22: Borrowings & Ratios
Borrowings & Ratios 21 (` in lacs unless otherwise mentioned) Sl. Particulars Jun-19 Sep-19 Dec-19 Mar-20 Jun-20 Long Term borrowings (excluding finance 1 37,574.92 35,216.11 46,414.70 44,589.30 42,763.89 lease obligation) 2 Short Term borrowings (net) 1,48,581.90 1,15,584.41 77,290.31 1,05,719.96 7
Slide 23: Distribution to Shareholders
Distribution to Shareholders 22 (` in lacs unless otherwise mentioned) Sl. Particulars 2016-17 2017-18 2018-19 2019-20 4 years total 1 By way of Dividend * 10,320.17 7,071.69 6,884.86 6,630.54 30,907.26 - Dividend per share - (`) (3.50) (2.50) (2.50) (2.50) 2 By way of buy-back of shares 17,500.00 9
Slide 24: Contact Us
Contact Us 23 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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