Dhampur Sugar Mills Limited · NSE:DHAMPURSUG
Dhampur Sugar Mills — Q4 FY22 Earnings Presentation
44 slides from Dhampur Sugar Mills's earnings presentation, May 30, 2022
Slide 1: Cover letter to stock exchanges: Investor Presentation
30.05.2022 To, The Manager - Listing The General Manager – DSC National Stock Exchange of India Ltd. BSE Limited Exchange Plaza,Bandra Kurla Complex Phiroze Jeejeebhoy Towers, Bandra (East) Dalal Street, Fort, Mumbai - 400 051 Mumbai: 400001 Tel No. 022-2659 8237 /38 Tel No.022-22722039/37/3121 Symb
Slide 2: Financial Results: Q4 & FY22
Dhampur Sugar Mills Limited Financial Results : Q 4 & FY 22 May 29, 2022 1
Slide 3: Disclaimer
Disclaimer • This presentation is strictly confidential and may not be copied, published, distributed or transmitted. The information in this presentation is being provided by Dhampur Sugar Mills Limited (also referred to as the ‘Company’). By attending the meeting where this presentation is being m
Slide 4: Contents
Contents Slide No. Key Milestones 4-5 Demerger Update 6-8 Board of Directors 9 New Brand Launched…’Mishti by Dhampur’ 10 Overview-Market Outlook 11-14 Financial Performance 15-40 Core Strengths 41 Way Forward 42 3
Slide 5: Key Milestones
Key Milestones 1933 Sugar mill at Dhampur : 300 TCD 1995 Distillery at Dhampur : 100 KL per day 2004 Dhampur distillery capacity enhanced to 140 KL per day 2006 Raised US$53.7mn through GDR 2007 Multi-fuel high pressure boiler at Dhampur Greenfield sugar unit at Rajpura : 7500TCD Co-generation plant
Slide 6: Key Milestones
Key Milestones 2015 Spent wash fired boiler 2018 Incinerator slop boiler with 11.5 MW turbine (Zero Liquid Discharge Compliant Distillery) 2019 Distillery capacity enhanced to 250 KL per day 2020 Installed CPU for Zero Liquid Discharge 2021 Dhampur 2.0 (Demerger) with effect from Apr 1, 2021 2022 Di
Slide 7: Demerger Update
iD DHAMPUR Legacy for tomorrow Demerger Update
Slide 8: Demerger: Key Events
Demerger : Key Events 7th June 2021 Board of Directors approved the Scheme of Arrangement 27th April 2022 NCLT approved the Scheme 1st April 2021 Appointed date of the Scheme for Demerger 3rd May 2022 Effective date of Demerger 17th May 2022 Record date for allotment of shares of Dhampur Bio Organic
Slide 9: Dhampur Sugar Mills: Post Demerger
Dhampur Sugar Mills : Post Demerger Dhampur Sugar Mills Ltd (Pre Demerger) Dhampur Sugar Mills Ltd Dhampur Bio Organics Ltd. (Post Demerger) Dhampur Rajpura Mansurpur Asmoli Meerganj Sugar- 15000 TCD Sugar-8500 TCD Co-Gen-73 MW Co-Gen- 48 MW Distillery- 250 KL* (C Heavy) Ethyl Acetate- 140 MT per da
Slide 10: Board of Directors
Board of Directors Mr. Ashok Kumar Goel, Chairman Mr. Gaurav Goel, Managing Director Mr. Mahesh Prasad Mehrotra Mr. Yashwardhan Poddar Mr. Anuj Khanna Mr. Satpal Kumar Arora Ms. Nandita Chaturvedi Mr. Akshat Kapoor 9
Slide 11: Mishti by Dhampur
Mishti by Dhampur New Brand ‘Mishti by DHAMPUR’ launched in 1 Kg and 5 Kg pack 10
Slide 12: Industry Scenario
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Slide 13: Overview-Sugar
Overview-Sugar 521 mills operated in the current season as against 506 mills last season As on 15th May, 2022, 405 mills closed crushing operations; 116 mills continue to operate In season 2020-21, 461 mills closed crushing operations and only 45 mills were operating on the corresponding date
Slide 14: Overview-Sugar
Overview-Sugar Contracts for export already entered : 85 lakh tons Exported till April 2022 : 71 lakh tons Export is higher by 64% during last year same period Sugar production position (all India) : 15th May 22 : Lakh Tons S.No State Net Sugar Production Estimated Sugar Sugar Production (Wi
Slide 15: Overview-Ethanol
Overview-Ethanol New Bio Fuel Policy allowing the manufacturing of ethanol from B-heavy molasses as well as from direct sugar cane juice/syrup. Basic price of ethanol, derived out of C heavy molasses, increased by ₹0.97/litre to ₹46.66/litre (ex mill) for the supply period from 1st December 2021
Slide 16: Financial Performance Q4/FY Mar 2022
Financial Performance Q4/FY Mar 2022 15
Slide 17: Financial Performance
Financial Performance Rs. Cr. Q4 Q4 FY 22 FY 21 Particulars FY 22 FY 21 Income from Operations 574.7 649.1 2208.7 2245.0 EBIDTA 78.4 99.3 304.9 288.9 PBT 50.4 76.5 204.5 198.7 PAT 33.0 51.2 146.9 143.4 Cash Profit 56.3 73.4 222.3 220.5 EPS (₹/Share) 4.96 7.71 22.13 21.61 EBITDA increased by 5.5%, PA
Slide 18: Segment Revenue - Overview
Segment Revenue -Overview Rs. Cr. % % Particulars Q4 FY22 Q4 FY21 FY22 FY21 Change Change Sugar 407.8 522.3 -21.9% 1451.8 1739.9 -16.6% Power 94.9 87.4 8.6% 213.0 203.4 4.7% Ethanol 114.5 100.6 13.8% 427.0 399.9 6.8% Ethyl Acetate 78.8 54.3 45.1% 277.7 166.2 67.0% Potable Spirits 77.8 17.5 344.6% 29
Slide 19: Segment Profitability - Overview
Segment Profitability -Overview Rs. Cr. Particulars % % Q4 FY22 Q4FY21 FY22 FY21 Change Change Sugar 14.3 13.9 2.8% 57.4 52.7 8.9% Power 42.1 38.4 9.6% 82.4 76.6 7.6% Ethanol 29.3 32.1 -8.7% 131.9 126.2 4.5% Ethyl Acetate 0.10 15.0 -99.3% 19.6 27.5 -28.7% Potable Sprits 0.05 -2.1 -0.8 -3.2 75.0% Oth
Slide 20: Segment Wise Performance
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Slide 21: Sugar Segment
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Slide 22: Sugar
Sugar Financial Particulars Q4 FY22 Q4 FY21 FY22 FY21 Revenue-Rs. Cr. 407.8 522.3 1451.8 1739.9 Revenue % to total revenue 52.2 % 66.1 % 54.1% 66.4% Profit-Rs. Cr. 14.3 13.9 57.4 52.7 Profit % to total profit 16.6% 14.2% 19.7% 18.7% Operational Particulars Q4 FY22 Q4 FY21 FY22 FY21 17.51 17.28 35.83
Slide 23: Sugar - Q4 FY22 Vs Q4 FY21
iD) DHAMPUR Legacy for tomorrow Sugar -Q4 FY22 Vs Q4 FY21 Revenue Segment Profit Q4-FY 21 Q4-FY 22 Q4-FY 21 Q4-FY 22 Share in Revenue % Share in Profit % 14.2% Q4-FY21 Q4-FY 22 Q4-FY 21 Q4-FY 22
Slide 24: Sugar - FY22 Vs FY21
iD) DHAMPUR Legacy for tomorrow Sugar- FY 22 Vs FY 21 Revenue Segment Profit 2,739.9) Gr 1,451.8 Cr FY 21 FY 22 Feat FY 22 Share in Revenue % Share in Profit % FY 21 FY 22 FY 21 FY 22
Slide 25: Power Segment
ws i Power Segment
Slide 26: Power
Power Financial Particulars Q4 FY22 Q4 FY21 FY22 FY21 Revenue-Rs. Cr. 94.9 87.4 213.0 203.4 Revenue % to total revenue 12.1 % 11.1 % 7.9% 7.8% Profit-Rs. Cr. 42.1 38.4 82.4 76.6 Profit % to total profit 49.0% 39.3% 28.2% 27.2% Operational Particulars Q4 FY22 Q4 FY21 FY22 FY21 Power Generation- Cr. U
Slide 27: Power - Q4 FY22 Vs Q4 FY21
iD) DHAMPUR Legacy for tomorrow Power —Q4 FY22 Vs Q4 FY21 Revenue Segment Profit 94.9 Cr 87.4 Cr Q4-FY 21 Q4-FY 22 Q4-FY 21 Q4-FY 22 Share in Revenue % Share in Profit % 49.0% 39.3% Q4-FY 21 Q4-FY 22 Q4-FY 21 Q4-FY 22
Slide 28: Power - FY22 Vs FY21
iD) DHAMPUR Legacy for tomorrow Power- FY 22 Vs FY 21 Revenue Segment Profit FY 21 FY 22 PY21 FY 22 Share in Revenue % Share in Profit % FY 21 FY 22 FY 71 FY22
Slide 29: Ethanol Segment
ws i Ethanol Segment 28
Slide 30: Ethanol
Ethanol Financial Particulars Q4 FY22 Q4 FY21 FY22 FY21 Revenue-Rs. Cr. 114.5 100.6 427.0 399.9 Revenue % to total revenue 14.7 % 12.7 % 15.9% 15.3% Profit-Rs. Cr. 29.3 32.1 131.9 126.2 Profit % to total profit 34.0% 32.8% 45.2% 44.9% Operational Particulars Q4 FY22 Q4 FY21 FY22 FY21 RS/ Ethanol Pro
Slide 31: Ethanol - Q4 FY22 Vs Q4 FY21
iD) DHAMPUR Legacy for tomorrow Ethanol —Q4 FY22 Vs Q4 FY21 Revenue Segment Profit Q4-FY21 Q4-FY 22 Q4-FY 21 Q4-FY 22 Share in Revenue % Share in Profit % 34.0% 14.7% 32.8% 12.7% Q4-FY21 Q4-FY 22 Q4-FY 21 Q4-FY 22
Slide 32: Ethanol - FY22 Vs FY21
poems ee Ethanol - FY 22 Vs FY 21 Revenue Segment Profit FY 21 FY 22 FY 21 FY 22 Share in Revenue % Share in Profit % 44.9% 45.2% FY 21 FY 22 FY 21 FY 22
Slide 33: Ethanol
Ethanol • Present capacity : 250 KLPD on ‘C’ heavy molasses. • Expansion under implementation : 130 KLPD (including 100 KLPD on grain) on ‘C’ heavy molasses. • Post expansion capacity : 500 KLPD (approx.) on ‘B’ heavy molasses/syrup (including 100 KLPD on grain). • Ethanol average realisation: ₹ 58.
Slide 34: Chemical-Ethyl Acetate Segment
Chemical-Ethyl Acetate Segment 33
Slide 35: Ethyl Acetate
Ethyl Acetate Financial Particulars Q4 FY22 Q4 FY21 FY22 FY21 Revenue-Rs. Cr. 78.8 54.3 277.7 166.2 Revenue % to total revenue 10.1 % 6.9 % 10.3% 6.3% Profit-Rs. Cr. 0.1 15.0 19.6 27.5 Profit % to total profit 0.1% 15.4% 6.7% 9.8% Operational Particulars Q4 FY22 Q4 FY21 FY22 FY21 Ethyl Acetate Produ
Slide 36: Ethyl Acetate - Q4 FY22 Vs Q4 FY21
Ethyl Acetate –Q4 FY22 Vs Q4 FY21 35
Slide 37: Ethyl Acetate - FY22 Vs FY21
Ethyl Acetate- FY 22 Vs FY 21 36
Slide 38: Potable Spirits
ws i Potable Spirits
Slide 39: Potable Spirits
Potable Spirits Financial Particulars Q4 FY22 Q4 FY21 FY22 FY21 Revenue-Rs. Cr. 77.8 17.5 290.7 86.9 Revenue % to total revenue 10.0 % 2.2 % 10.8% 3.3% Profit-Rs. Cr. 0.05 -2.1 -0.8 -3.2 Profit % to total profit 0.1% -2.1% -0.3% 1.1% Operational Particulars Q4 FY22 Q4 FY21 FY22 FY21 Cases Sold- Nos.
Slide 40: Potable Spirits - Q4 FY22 Vs Q4 FY21
Potable Spirits –Q4 FY22 Vs Q4 FY21 Rs. 0.05 Cr 39
Slide 41: Potable Spirits - FY22 Vs FY21
Potable Spirits -FY 22 Vs FY 21 40
Slide 42: Core Strengths
Core Strengths • Visionary promoters • Experienced management team • Integrated business processes • Strong relationship with 1.50 lakh farmers approx. • Growth Focus- Ethanol/Chemicals • Prudent financial management • Improving operational efficiencies • Future ready organization A new brand …’Mist
Slide 43: Way Forward
Wayforward Way forward • Commissioning of enhanced distillery capacity • Reduction in manufacturing cost • Optimization of financing cost • Skill building and empowerment • Engagement with community 42
Slide 44: Thank You
() DHAMPUR Thank You