Shahmurad Sugar Mills Limited · PSX:SHSML
Shahmurad Sugar Mills — Investor Presentation (2021)
37 slides from Shahmurad Sugar Mills's investor presentation, 2021
Slide 1: Shahmurad Sugar Mills Ltd Corporate Briefing
SHAHMURAD SUGAR MILLS LTD CORPORATE BRIEFING 2020-2021
Slide 2: Important Disclaimer
IMPORTANT DISCLAIMER THIS PRESENTATION IS NOT AN OFFER OR SOLICITATION OF AN OFFER TO BUY OR SELL ANY SECURITIES OR ANY INVESTMENT. This presentation has been prepared Shahmurad Sugar Mills Limited {"Shahmurad Sugar Mills”} solely for information purposes. No representation or warranty express or im
Slide 3: Contents
Contents 1. Group Profile 2. Company Profile 3. Directors Profile 4. Business Segments 5. Capacity and Production Analysis 6. Analysis of Financial Results 7. Key Financials Indicators 8. Value Additions 9. Shareholders Value 10.Future Outlook 11.Q & A Session 12.Thank You
Slide 4: Group Profile
Group Profile Al-Noor Group The Al-Noor Group first began trading activities in the late nineteen century in Mauritius. In 1897 sugar manufacturing facilities on a very small scale were opened in Mauritius and thereafter offices in India, Sri Lanka and Burma were established to handle trading of sug
Slide 5: Group Profile
Group Profile Al-Noor Group In 1984 the Group established Reliance Insurance Company Limited. In 1987 the Al-Noor Medium Density Fiber (MDF) Board Industries (known as Lasani), was established as a unit of Al-Noor Sugar. The unit has since expended in MDF laminates and continues to expand in various
Slide 6: Company Profile
Company Profile The Company was incorporated in Pakistan under the repealed Companies Act 1913 (now Companies Act, 2017) as a public limited company. Its shares are quoted at the Pakistan Stock Exchange Limited. Company owns and operates Sugar and Ethanol manufacturing units which are located a Dist
Slide 7: Directors Profile
Directors Profile Mr. Noor Mohammad Zakaria Mr. Noor Mohammad Zakaria is the Director with over 44 years of diversified Trading and Industrial experience including operations. Mr. Zia Zakaria Mr. Zia Zakaria is the Director with over 25 years of Industrial experience including operations specifically
Slide 8: Directors Profile
Directors Profile Mr. Asad Ahmed Mohiuddin Mr. Asad Ahmed Mohiuddin completed his Bachelors of Engineering degree from the Florida Institute of Technology in Chemical Engineering in 2011. He returned back to Pakistan and has dedicated his time on material sciences with the Al-Noor MDF Board Division
Slide 9: Directors Profile
Directors Profile Mr. Sheikh Asim Rafiq Mr. Sheikh Asim Rafiq is a Fellow member of the Institute of Chartered Accountants of Pakistan. He has over 20 years diversified experience in accounting & audits, strategy and financial planning, taxation, software/ERP development and implementation, corporat
Slide 10: Business Segments: Sugar and Ethanol
Business Segments Sugar Ethanol PLANT CAPACITY AND PRODUCTION Cane Crushing Capacity of 11000 250,000 liters/200 MT M.Tons per day production of Ethanol per day
Slide 11: Sugar and Ethanol Division Production Data
Sugar Division - Production - Data 2017 2018 2019 2020 2021 Crushing (M.Tons) 672,747 744,578 500,270 444,430 441,293 Sugar Production (M.Tons) 72,755 82,366 55,425 48,786 47,220 Recovery % 10.82 11.06 11.08 11.00 10.70 Ethanol Division - Production - Data 2017 2018 2019 2020 2021 Ethanol Production
Slide 12: Sugar – Crushing Data – M.Tons
Sugar – Crushing Data – M.Tons 800,000 744,578 700,000 672,747 600,000 500,270 500,000 444,430 441,293 400,000 300,000 200,000 100,000 2017 2018 2019 2020 2021
Slide 13: Sugar – Production Data in M.Tons
Sugar – Production Data in M.Tons 90,000 82,366 80,000 72,755 70,000 60,000 55,425 50,000 48,786 47,220 40,000 30,000 20,000 10,000 2017 2018 2019 2020 2021
Slide 14: Sugar – Recovery Trend in %
Sugar – Recovery Trend in % 11.20 11.05 11.06 11.08 11.00 10.90 10.82 10.75 10.70 10.60 10.45 10.30 10.15 10.00 2017 2018 2019 2020 2021
Slide 15: Ethanol – Production Data in M.Tons
Ethanol – Production Data in M.Tons 60,000 57,270 55,000 50,000 47,204 47,608 45,000 42,643 40,000 35,000 30,564 30,000 25,000 20,000 15,000 10,000 2017 2018 2019 2020 2021
Slide 16: Analysis of Financial Results
Analysis of Financial Results Rupees in millions 2017 2018 2019 2020 2021 STATEMENT OF PROFIT OR LOSS Rs. % Rs. % Rs. % Rs. % Rs. % HORIZONTAL ANALYSIS Turnover 5,055.68 (14.45) 7,220.13 42.81 9,497.55 31.54 11,143.61 17.33 9,934.49 (10.85) Cost of sales (4,471.79) (14.65) (6,409.72) 43.34 (7,487.36
Slide 17: Analysis of Financial Results
Analysis of Financial Results Rupees in millions STATEMENT OF PROFIT OR LOSS 2017 2018 2019 2020 2021 VERTICAL ANALYSIS Rs. % Rs. % Rs. % Rs. % Rs. % Turnover 5,055.68 100.00 7,220.13 100.00 9,497.55 100.00 11,143.61 100.00 9,934.49 100.00 Cost of sales (4,471.79) (88.45) (6,409.72) (88.78) (7,487.3
Slide 18: Analysis of Financial Results
Analysis of Financial Results STATEMENT OF FINANCIALS POSITION Rupees in millions HORIZONTAL ANALYSIS 2017 2018 2019 2020 2021 ASSETS Rs. % Rs. % Rs. % Rs. % Rs. % NON CURRENT ASSETS Property, plant and equipment 3,052.31 20.12 5,315.32 74.14 5,498.70 3.45 5,386.95 (2.03) 5,260.91 (2.34) Intangible
Slide 19: Analysis of Financial Results
Analysis of Financial Results STATEMENT OF FINANCIALS POSITION Rupees in millions HORIZONTAL ANALYSIS 2017 2018 2019 2020 2021 Rs. % Rs. % Rs. % Rs. % Rs. % EQUITY AND LIABILITIES SHARE CAPITAL AND RESERVES Issued, subscribed and paid up capital 211.19 0.00 211.19 0.00 211.19 0.00 211.19 0.00 211.19
Slide 20: Analysis of Financial Results
Analysis of Financial Results STATEMENT OF FINANCIALS POSITION Rupees in millions VERTICAL ANALYSIS 2017 2018 2019 2020 2021 ASSETS Rs. % Rs. % Rs. % Rs. % Rs. % NON CURRENT ASSETS Property, plant and equipment 3,052.31 45.71 5,315.32 53.59 5,498.70 52.92 5,386.95 47.62 5,260.91 52.97 Intangible ass
Slide 21: Analysis of Financial Results
Analysis of Financial Results STATEMENT OF FINANCIALS POSITION Rupees in millions VERTICAL ANALYSIS 2017 2018 2019 2020 2021 EQUITY AND LIABILITIES Rs. % Rs. % Rs. % Rs. % Rs. % SHARE CAPITAL AND RESERVES Issued, subscribed and paid up capital 211.19 3.16 211.19 2.13 211.19 2.03 211.19 1.87 211.19 2
Slide 22: Key Financials Indicators
Key Financials Indicators Gross Profit Margin % Sales 21.17% 14.28% 11.55% 11.22% 7.67% 2017 2018 2019 2020 2021 EBITDA Margin % sales 21.72% 14.79% 13.36% 10.27% 5.17% 2017 2018 2019 2020 2021
Slide 23: Key Financials Indicators
Key Financials Indicators Return on Equity % (Net) 46.64% 31.27% 27.47% 8.90% -6.57% 2017 2018 2019 2020 2021 Return on capital employed % 29.8% 21.4% 15.7% 11.8% 4.0% 2017 2018 2019 2020 2021
Slide 24: Key Financials Indicators
Key Financials Indicators Current Ratio 1.15 1.11 1.08 1.10 1.02 1.04 1.05 1.00 0.95 0.92 0.90 0.85 0.80 0.75 0.70 0.65 0.60 2017 2018 2019 2020 2021 Debt Equity Ratio (times) 2.84 3.00 2.50 2.26 2.00 1.66 1.50 1.00 0.85 0.59 0.50 0.00 2017 2018 2019 2020 2021
Slide 25: Key Financials Indicators
Key Financials Indicators Debt Equity in % 100% 90% 80% 1,133 1,753 70% 2,904 3,392 3,355 60% 50% Equity 40% Debt 30% 1,909 2,060 20% 1,748 1,504 1,181 10% 0% 2017 2018 2019 2020 2021
Slide 26: Key Financials Indicators
Key Financials Indicators Fixed Assets Turnover Ratio 2.25 2.07 2.00 1.89 1.66 1.73 1.75 1.50 1.36 1.25 1.00 0.75 0.50 0.25 2017 2018 2019 2020 2021 Assets Turnover Ratio 0.99 1.00 1.00 0.91 0.76 0.73 0.75 0.50 0.25 2017 2018 2019 2020 2021
Slide 27: Value Additions
Value Additions STATEMENT OF VALUE ADDITION Rupees in Millions 2021 % 2020 % WEALTH GENERATED Revenue 10,896.90 11,878.10 Expenses 8,886.16 9,223.28 Wealth generated 2,010.74 100.00 2,654.82 100.00 WEALTH DISTRIBUTED To Government Sales Tax, Income Tax, Road Cess, WWF 834.05 41.48 822.09 30.97 To Em
Slide 28: Value Additions - 2021
Value Additions - 2021 Retained with business 427.96 21% Sales Tax, Income Shareholders as Tax, Road Cess, WWF Dividend 834.05 63.35 42% 3% Finance cost on borrowed funds 366.62 Salaries, WPPF, 18% Benefits and others 318.76 16%
Slide 29: Value Additions - 2020
Value Additions - 2020 Sales Tax, Income Retained with Tax, Road Cess, WWF business 822.09 879.18 31% 33% Shareholders as Finance cost on Salaries, WPPF, Dividend borrowed funds Benefits and others 253.42 344.02 356.11 10% 13% 13%
Slide 30: Investor Relations
Investor Relations Share Regsistrar C & K Management Associates (Pvt.) Ltd 404, Trade Tower, Abdullah Haroon Road, Near Metropole Hotel Karachi 2017 2018 2019 2020 2021 Number of Shares (Issued/ Paid-up) 21118663 21118663 21118663 21118663 21118663 Earning per share 0.34 28.47 57.08 36.00 6.42 Break
Slide 31: Investors Relations
Investors Relations Earning per share (Rupees) - Basic 57.08 36.00 28.47 0.34 6.42 2017 2018 2019 2020 2021 Market value of share on 30th September Rs. 126 99 78 78 40 2017 2018 2019 2020 2021
Slide 32: Investors Relations
Investors Relations Break-up value per share-Rupees 160.61 158.85 137.51 83.02 53.66 2017 2018 2019 2020 2021 Market capitalization in millions 2,660.95 2,090.75 1,647.26 1,647.26 844.75 2017 2018 2019 2020 2021
Slide 33: Investors Relations – Shares Price Rs.
Investors Relations – Shares Price Rs. 160 149 143 140 127 126 117 120 100 99 80 76 78 78 73 60 69 69 40 40 35 30 20 0 2017 2018 2019 2020 2021 Highest Price - Lowest Price Price at 30th September-
Slide 34: Future Outlook
FUTURE OUTLOOK Rupees in millions STATEMENT OF PROFIT OR LOSS 2020 2021 October to December October to December VERTICAL ANALYSIS Rs. % Rs. % Turnover 1,977.11 100.00 3,615.98 100.00 Cost of sales (1,713.81) (86.68) (3,353.23) (92.73) Gross Profit 263.31 13.32 262.75 7.27 Distribution costs (2.73) (
Slide 35: Future Outlook
FUTURE OUTLOOK December-21 December-20 Actual Crushing (M.Tons) 73,354 114,349 Sugar Production (M.Tons) 5,910 10,410 Recovery % 10.38 10.33 Ethanol Production (M.Tons) 15,268 6,154
Slide 36: Q & A Session
Q & A Session
Slide 37: Thank You
Thank You