Magadh Sugar & Energy Ltd. · NSE:MAGADSUGAR
Magadh Sugar & Energy — Q1 FY24 Earnings Presentation
18 slides from Magadh Sugar & Energy's earnings presentation, Aug 4, 2023
Slide 1: Exchange disclosure letter for Investor Presentation
MAGADH SUGAR ®& ENERGYLTD MSEL/SE/2023-24/28 August 4, 2023 The Manager The Manager Listing Department Listing Department National Stock Exchange of India Limited BSE Ltd. ‘Exchange Plaza’, C - 1, Block G, ist Floor, New Trading Ring, Bandra-Kurla Complex, Rotunda Building Bandra (E), P.J. Towers, D
Slide 2: Result Presentation Q1FY24
Strengthening fundamentals Result Presentation Q1FY24 Sugar | Co-Generation | Ethanol
Slide 3: Q1 FY24 Robust Performance
Q1 FY24 Robust Performance Higher Cane Crushing 41% in SS 22-23 Higher Ethanol Sale 8% 228 Lac Qtls SS 22-23 134.65 Lakh ltr in Q1FY24 ( 162 Lac Qtls SS 21-22) (124.69 Lakh ltr in Q1FY23) Higher Revenue 22% Higher EBIDTA 138% Rs. 301 Crs. in Q1FY24 Rs. 38 Crs. in Q1FY24 ( Rs 246 Crs. in Q1FY23) ( Rs
Slide 4: Business Updates – Q1 FY24
Business Updates – Q1 FY24 ▪ Cane Crushing in SS 22-23 was 228 Lakh qtls compared to 162 SUGAR ▪ Sugar Performance: Lakh qtls in SS 21-22, an increase of 41%. Stock Position (Lakh Qtls) ▪ Closing stock as on 30th June 2023 at 8.51 Lakh Qtls as against 6.47 lakh Qtls as on 30th June 2022, due to high
Slide 5: Business Updates – (2 / 2)
Business Updates – (2 / 2) • Details of Term Loan Outstanding :- Particulars (Rs. In Crores) 30/06/2023 30/06/2022 Term Loan * 173 176 Total Debt 173 176 * Includes New Term loan availed for distillery project at Sidhwalia under Interest Subvention Scheme • Key Ratio :- Particulars (Rs. In Crores) 3
Slide 6: Result Highlights – Q1 FY24
Result Highlights – Q1 FY24 Total Income (Rs. Cr) EBITDA (Rs. Cr) PAT (Rs. Cr) 301 38 246 16 16 0 Q1FY23 Q1FY24 Q1FY23 Q1FY24 Q1FY23 Q1FY24
Slide 7: Profit & Loss Highlights
Profit & Loss Highlights Rs. Crore Q1FY24 Q1FY23 FY23 Total Income 301 246 955 Raw Material Cost 230 199 668 Employee Cost 13 12 62 Other Expenditure 20 19 92 EBITDA 38 16 133 Depreciation 6 6 26 PBIT 32 9 107 Interest 11 9 30 Profit Before Tax 21 0.1 77 Tax 5 0.0 27 Profit After Tax 16 0.1 50 EPS (
Slide 8: Segmental Performance
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Slide 9: Segment Performance – Q1 FY24
Segment Performance – Q1 FY24 Sugar Distillery (Ethanol) Co-Generation (Power) Particulars Q1FY24 Q1FY23 Q1FY24 Q1FY23 Q1FY24 Q1FY23 Segmental Revenues (Rs. Lakh) 24,073 21,842 8,257 7,575 412 27 PBIT (Rs. Lakh) 1,330 (706) 2,101 1,998 (129) (252) Production Qty (In Lacs) 1.03 Qtl - 134.21 Ltrs 142.
Slide 10: Company Overview
@)MAGADH SUGAR & ENERGYLTD Company Overview
Slide 11: Company Overview
Company Overview • Incorporated in 1932 (Group in Sugar Business over 7 Region Plant (Bihar) Capacity decades), pursuant to the scheme of merger and New Swadeshi Sugar Mills 7,500 TCD demerger this company formed in 2015 Pashchim Champaran New Swadeshi Distillery 80 KLPD • Company’s core business in
Slide 12: Industry Overview
@)MAGADH SUGAR & ENERGYLTD Industry Overview Tu]
Slide 13: Global Sugar Industry – Update
Global Sugar Industry – Update Global Sugar Inventory Update Global Sugar Price Trend (USD/Kg) 0.60 Global Sugar Balance Sheet (Million MT) 2022-23 2023-24 (E) 0.55 0.50 Opening Balance of Sugar Inventory 47.3 40.0 0.45 0.40 Production during the year 177.2 187.8 0.35 Consumption during the year 0.3
Slide 14: Indian Sugar Industry – SS 2022-23
Indian Sugar Industry – SS 2022-23 • All India Sugar Production for the season reached 32.3 million tonnes with 11 mills in operation as on June 30, 2023. Sugar Production • FRP of Sugar Cane for Sugar Season 23-24 raised at Rs. 315 / Qtl for a base recovery of Rs. 10.25% (C.Y.) Rs. 305 / Qtl for 10
Slide 15: Indian Sugar Industry's Shift Towards Long-Term Sustainability
Indian Sugar Industry's Shift Towards Long-Term Sustainability We believe that a structural story is at play in the sugar sector due to continued government support and increased focus on the production of ethanol to promote Ethanol Blending Programme The improvement in profitability of integrated s
Slide 16: Indian Ethanol Play gets Stronger
Indian Ethanol Play gets Stronger Quantity Supplied (Ethanol) and %Blending ▪ The average blending percentage is 11.75% till July 9, 2023. Trends 15.0% ▪ The target is to reach 12% blending in 2022-23, 15% in 2023-24 and 20% in 2024-25 12.0% ▪ Out of the 559.08 crore liters finalised by the OMCs for
Slide 17: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Magadh Sugar & Energy 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
Slide 18: Let's Connect
Let’s Connect Mr. Dilip Patodia / Mr. Sudershan bajaj Ms. Pooja Sharma / Ms. Amritha Poojari dilip.patodia@birla-sugar.com / sudershan.bajaj@birla-sugar.com pooja.sharma@stellar-ir.com / amritha@stellar-ir.com 9/1,R.N. Mukherjee Road, Kolkata B-612/A, Kanakia Wallstreet, Andheri (East), Mumbai
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