Zuari Industries Limited · NSE:ZUARIIND
Zuari Industries — Investor Presentation (August 2024)
34 slides from Zuari Industries's investor presentation, Aug 14, 2024
Slide 1: Cover letter to stock exchanges
ZUARI INDUSTRIES LIMITED (formerly Zuari Global Limited) 5th Floor, Tower A, Global Business Park, M.G. Road, Sector 26, Gurugram - 122 002, India Tel: +91 (124) 482 7800, Email: ig.zgl@adventz.com, www.zuariindustries.in 14 August 2024 To, BSE Limited National Stock Exchange of India Limited Phiroz
Slide 2: Investor Presentation August 2024
Investor Presentation August 2024
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Zuari Industries 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 secu
Slide 4: List of Abbreviations
List of Abbreviations Abbreviations Full Form DM Development Manager FFPL Forte Furniture Products India Pvt Ltd GSML Gobind Sugar Mills Ltd IFPL Indian Furniture Products Ltd JD Joint Developer JV Joint Venture RE Division Real Estate Division SIL Simon India Ltd SPE Div Sugar, Power & Ethanol TIHL
Slide 5: Legacy of 55+ Years
Legacy of 55+ Years Year Year Year Year Since 1967 1989 2002 2015 2017 Setup furniture business in JV with Forte Poland in Chennai (2017) Simplified structure by merging GSML (2022) and ZSPL (2024) with ZIL IPO-ed PPL and transferred Acquired Paradeep all assets of ZACL to PPL Late Dr. K.K. Birla Se
Slide 6: Our Group Portfolio Brands
Our Group Portfolio Brands Paradeep Phosphates Mangalore Chemicals & Zuari Industries Ltd JV Companies Ltd Fertilizers Ltd Texmaco Rail & Engineering Ltd
Slide 7: ZIL Snapshot
ZIL Snapshot 4 Marquee 10,000 TCD ~5500 Cr Sugarcane Crushing Capacity Real Estate worth of Strategic Investments Projects Delivered 3 Projects underway 125 KLPD • St. Regis Financial Centre 1000+ Syrup & Molasses based Road, Dubai Workforce including Distillery • Zuari Garden City Ph 4 subsidiaries
Slide 8: ZIL Q1 FY25 Summary
ZIL Q1 FY25 Summary Operational Financial Outlook for Q2 FY25 • Revenue from operations up 30% compared to Q1 FY 24 • Value of Strategic Investments up by 48% Vs Q4 • Higher Sugar Recovery of FY24 • Expedite Land Monetization 12.47% achieved for the quarter • Increase in Operating EBITDA by 158% com
Slide 9: Operational Performance: Q1 FY25
Operational Performance: Q1 FY25 All values In (Cr) Cane Crushing (LQ) Sugar Production (LQ) Ethanol Production Power Generation (LU) (Lakh L) 21.51 Sugar Recovery: 226 12.47% vs 9.30% 2.00 90 Operation Days: 82 vs 65 1.66 66 13.30 134 Q1FY25 Q1 FY25 Q1 FY24 Q1Q1FY25 FY25 Q1 FY24 Q1FY25 Q1 FY25 Q1 F
Slide 10: Operational Performance: Q1 FY25
Operational Performance: Q1 FY25 Sugar Sales (LQ) Sugar Real. (Rs/Q) Ethanol Sale (Lakh L) Power Sale (LU) 3,864 452 3.82 97 90 3.07 3,771 71 1.75 3,649 98 2 Q1FY25 Q4FY24 Q1FY24 Q1FY25 Q4FY24 Q1FY24 Q1FY25 Q4FY24 Q1FY24 Q1FY25 Q4FY24 Q1FY24 • Higher sugar sales of 3.8 LQ vs 3.1 LQ (Q1 FY24) • Bette
Slide 11: Financial Performance: Q1 FY25
Financial Performance: Q1 FY25 All values In (Cr) SPE Division Revenue from Operations EBITDA (Operating) PBT (before excep. Items) 33% 177% 76% 213.9 23.5 161.2 3.5 8.7 144.4 16.2 9.6 Q1 FY25 Q4 FY24 Q1 FY24 Q1 FY25 Q4 FY24 Q1 FY24 -11.3 Q1 FY25 Q4 FY24 Q1 FY24 REI Division Revenue from Operations
Slide 12: Financial Performance: Q1 FY25
Financial Performance: Q1 FY25 All values In (Cr) ZIL (Standalone) Revenue from Operations EBITDA (Operating) PBT (Before Excep. Items) 30% 158% -98% 234.6 48.9 42.7 214.5 32.4 164.6 23.5 9.1 1.1 Q1 FY25 Q4 FY24 Q1 FY24 Q1 FY25 Q4 FY24 Q1 FY24 Q1 FY25 Q4 FY24 Q1 FY24 • Higher Revenue from Operations
Slide 13: ZIL Structure
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Slide 14: ZIL Structure
ZIL Structure ZIL Operating Businesses Strategic Investments Ventures Sugar, Power & Ethanol CFCL Trading (SPE Div) (ZINTL) ZACL Management Services Real Estate (ZIIL) (ZMSL) TIHL Engineering & Construction Bioenergy JV (ZEBPL) Services (SIL) TREL Financial Services (ZFL & ZIBL) MCFL Oil Tanking Ser
Slide 15: Strategic Outlook SPE
Strategic Outlook SPE
Slide 16: 10,000 TCD Integrated Sugar Power Ethanol plant at Lakhimpur
10,000 TCD Integrated Sugar Power Ethanol (SPE) plant at Lakhimpur SUGAR POWER ETHANOL Capacity of Cane crushing at Capacity of 40 MWH to meet the in-house Ethanol production capacity at 125 KLPD 10,000 TCD requirements and export (22 MW) from syrup & molasses 152 Cr 4 Cr 58 Cr (Q1 FY25) (Q1 FY25) (
Slide 17: Outlook for SPE Division
Outlook for SPE Division Gobind Sugar Mill (SPE) Favorable Govt. Policy Revenue Drivers Strategic Advantage • Aggressive ethanol blending • Higher realization for sugar • Located in the heart of sugar targets for OMCs, 20% by 2025 prices belt of UP, India • Enabling utilization of syrup for • Establ
Slide 18: Strategic Outlook ZIIL
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Slide 19: Real Estate Business poised to unlock value for Investors
Real Estate Business poised to unlock value for Investors PROJECT LOCATION LAND REVENUE POTENTIAL* STATUS Zuari Garden City Phase 1,2 & 3 – Mysore, India 629 Units Large Project Completed in 2023 ZIIL Phase 1 Completed, Zuari Rain Forest Phase 1 - RE Goa, India 95 Units Large Project Phase 2 Develop
Slide 20: Outlook for Real Estate
Outlook for Real Estate ZIIL Favorable Market Factors Revenue Drivers Strategic Advantage • Real Estate in India expected grow to • Robust demand across Real Estate • Trusted Brand Since 1967 1.38 Trillion USD by 2034 (reported by segments CREDAI), which is 0.3 trillion USD as of • Own Land Bank Mar
Slide 21: Strategic Outlook ZEBPL
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Slide 22: ZEBPL JV to become a significant Bioenergy Platform
ZEBPL JV to become a significant Bioenergy Platform BUSINESS OVERVIEW ➢ ZIL, in a joint venture with Envien International, Slovakia, is establishing a grain-based distillery in Aira, Lakhimpur Kheri, Uttar Pradesh. ➢ The facility, with a capacity of 180 KLPD, will be situated Project Construction in
Slide 23: Opportunity Competitive Advantages
ZEBPL’s Advantage ZEBPL is posed for growth : setting up 1st Project of Grain Based Ethanol Distillery of 180 KLPD & plans to expand portfolio up to 1000 KLPD Competitive Advantages Feedstock Availability Offtake Guarantee Technology Tie-up Execution Experience • Availability of Rice and Maize • OMC
Slide 24: Strategic Outlook Ventures
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Slide 25: Ventures are being put on the Growth Path
Ventures are being put on the Growth Path Strategic Opportunities in key areas and Group’s experience being leverged Strategic Outlook Simon India Ltd Financial Services Zuari Mgmt. Services Zuari International • Excellent track record in • Trusted brand • Provides HR Services to • Trades in Sugar,
Slide 26: Growth in Strategic Investments
Growth in Strategic Investments
Slide 27: Strategic Investments
Strategic Investments Value of strategic investments held by ZIL & its wholly–owned subsidiaries No. of Shares Share Price Value Change Company (Lakh) (Rs) (Rs Cr) (%) 31-Mar-24 30-Jun-24 31-Mar-24 30-Jun-24 31-Mar-24 30-Jun-24 Chambal Fertilizers & Chemicals Ltd, 595 595 342 507 2,035 3,017 48% Zua
Slide 28: Leadership
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Slide 29: Experienced Board of Directors
Experienced Board of Directors Saroj K. Poddar Jyotsna Poddar Athar Shahab Alok Saxena CHAIRMAN NON-EXECUTIVE DIRECTOR MANAGING DIRECTOR EXECUTIVE DIRECTOR Vijay V. Paranjape Sushil K. Roongta Suneet S. Maheshwari Manju Gupta INDEPENDENT DIRECTOR INDEPENDENT DIRECTOR INDEPENDENT DIRECTOR INDEPENDENT
Slide 30: Financial Performance
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Slide 31: Standalone Income Statement
Standalone Income Statement All values In (Cr) Particulars Q1 FY25 Q1 FY24 Income Revenue from operations 214.5 163.7 Other income 16.5 82.1 Total income 231.0 245.8 Expenses Cost of material consumed 60.4 79.4 Purchases of Stock-in-Trade 1.5 3.3 Project expenses - - Change in inventories 104.0 46.9
Slide 32: Path Ahead
Path Ahead
Slide 33: Path Ahead: Transform | Grow | Sustain
Path Ahead : Transform | Grow | Sustain Business & Operational Excellence Deleveraging through Asset Monetization Focus on high growth areas, disciplined investing Leverage digital technologies Attract, Retain & Nurture high quality talent 32
Slide 34: For further information, please contact
For further information, please contact: Investor Relations Advisors : Company : Zuari Industries Limited. (BSE: 500780 | NSE: ZUARIIND) Orient Capital (a division of Link Group) Mr. Rakesh Singh Mr. Ronak Jain Mr. Irfan Raeen +91 12448 27800 +91 98209 50544 +91 97737 78669 Email: ig.zgl@adventz.com
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