Sakrand Sugar Mills Ltd. · PSX:SKRS
Sakrand Sugar Mills — FY2022 Earnings Presentation
17 slides from Sakrand Sugar Mills's earnings presentation, 2022
Slide 1: Sakrand Sugar Mills Limited Corporate Briefing Session Annual Accounts 2022
Slide 2: Contents
CONTENTS 1.Company Overview 2. Business & Financial Analysis 3. Operating Results & Overview 4. Financial Results & Overview 5. Auditors’ Report & Future Outlook 6. Key Factor to be considered 7. Question & Answer
Slide 3: Company Information
Company Information BOARD OF DIRECTORS CHIEF EXECUTIVE OFFICER Mr. Saleem Zamindar Chairman / Director Mr. Mansoor Afzal Subzwari Mr. Dinshaw H. AnKlesaria Director CHIEF FINANCIAL OFFICER Mr. Shams Ghani Director Mr. Shams Ghani Mr. Muhammad Jamshid Malik Director (Resigned on February 23,2023) COM
Slide 4: Introduction
INTRODUCTION Sakrand Sugar Mills Limited was incorporated in Pakistan as a public limited company under the Companies Ordinance, 1984 [Repealed with the enactment of Companies Act, 2017], on March 02, 1989 and its shares are quoted on Pakistan Stock Exchange. The registered office of the Company is
Slide 5: About the Economy & Industries
ABOUT THE ECONOMY & INDUSTIRES Currently, Pakistan is termed as amongst top 20 countries in terms of area under cultivation of the sugar cane crop, and production. Sugar cane is the primary raw material for production of sugar. After Textiles, sugar industry in Pakistan is the largest agro based ind
Slide 6: Business & Financial Analysis
BUSINESS & FINANCIAL ANALYSIS The Company’s primary business activity is production and sales of Sugar with Molasses as the by product. The Company has also installed a Compost Fertilizer plant in the year 2018 to process another very low ended by- product i.e. Mud to convert into Compost Fertilizer
Slide 7: Operating Results & Overview
OPERATING RESULTS & Overview The Operational Performance for the period under review as compared with that last year’s corresponding period is tabulated hereunder; ..........Season......... ... 2021-2022 2020-2021 Season Started on 19-Nov-21 6-Nov-20 Operational Days Days 127 115 Season Duration Day
Slide 8: Year Wise Sugar Summary
Year Wise Sugar Summary 53,633 (Produced & Sold) (M. tons) 60,000 51,069 (M. tons) 42,388 36,865 (M. tons) (M. ton) 39,660 50,000 (M. tons) 42,320 39,623 (M. tons) (M. tons) 36,601 30,136 40,000 (M. tons) (M. tons) 30,123 (M. tons) 30,000 19,453 (M. tons) 19,266 (M. tons) 20,000 10,000 - 2022 2021 2
Slide 9: Year Wise Molasses Summary
Year Wise Molasses Summary (Produced & Sold) 26,047 24,500 (M.tons) 30,000 (M. tons) 22,040 25,983 (M. tons) (M. tons) 24,500 19,530 (M. tons) 19,435 (M. tons) 25,000 22,040 (M. tons) (M. tons) 19,435 19,530 (M.tons) (M. tons) 20,000 10,093 (M. tons) 15,000 10,093 (M. tons) 10,000 5,000 - 2022 2021
Slide 10: Sugar Recovery Percentage
11.00 10.80 9.95 9.44 9.67 9.22 2022 2021 2020 2019 2018 2017
Slide 11: Financial Results & Overview
FINANCIAL RESULTS & Overview The key financial figures of the Company for the year ended September 30, 2022 along with the comparatives for the corresponding year are summarized as under: Rupees in million Description 2021-2022 2020-2021 Sales - net 3,995.00 1,614.53 Cost of sales (4,071.90) (1,662.
Slide 12: Net Sales Trend
4,123 4,500 4,000 3,500 3,000 2,449 2,346 2,053 2,500 1,842 1,518 2,000 1,500 1,000 500 - 2022 1 2021 2 2020 3 42019 52018 62017
Slide 13: Financial Trend Chart
472.95 500.00 450.00 400.00 350.00 300.00 234.42 217.80 250.00 150.99 151.55 200.00 128.93 150.00 100.00 50.00 - 2022 2021 2020 2019 2018 2017
Slide 14: Auditors' Report & Future Outlook
AUDITORS’ REPORT As regard to the adverse opinion by the Auditors as to going concern, it may be mentioned that despite of stringent un favorable conditions faced by the Industry in general and as an entity in particular, the Company was able to perform much better during crushing season 2021-2022 a
Slide 15: Key Factor to be Considered
KEY FACTOR TO BE CONSIDERED High Procurement Cost of Sugarcane Increase in Minimum Support Price by Provincial Government Efficiency Improvement Measures Inconsistent Changes in Government Policies Interest Rate
Slide 16: Question & Answer Session
QUESTION & ANSWER SESSION
Slide 17: Thank You!