Shahtaj Sugar Mills Limited · PSX:SHJS
Shahtaj Sugar Mills — Investor Presentation (January 2024)
22 slides from Shahtaj Sugar Mills's investor presentation, Jan 26, 2024
Slide 1: Corporate Briefing Session
CORPORATE BRIEFING SESSION 26th January 2024
Slide 2: Profile of Company
PROFILE OF COMPANY Shahtaj Sugar Mills Ltd. is one of the SHAHNAWAZ GROUP companies. It was incorporated on 27th March 1965 as a public limited company under the Companies Act, 1913 ( Now Companies Act 2017). Sugar manufacturing & sale is the core business of the Company whereas molasses and bagasse
Slide 3: Vision, Mission & Corporate Strategy
VISION, MISSION & CORPORATE STRATEGY Our To succeed and grow to the utmost satisfaction of the customers, Vision employees and shareholders. Our To strive for still higher levels of efficiency, productivity, cost effectiveness, Mission profitability, customer satisfaction, congenial employees relati
Slide 4: Company Milestones
COMPANY MILESTONES Established & NEPRA Listed on Implementation Incorporated approved Stock Agreement as Pasroor upfront Tariff Exchange signed Sugar Mills for SSML Company Company Energy name changed initiated to Purchase Declaration to “Shahtaj setup Power Agreement of Financial Sugar Mills Projec
Slide 5: Corporate Social Responsibilities
CORPORATE SOCIAL RESPONSIBILITIES Community Investment Corporate In recognition of its social responsibility The Company is running a High School Philanthropy towards mankind Company is regularly of excellent standards in the Mills contributing reasonably to the various residential area for employee
Slide 6: Core Business Activities (Installed Capacity)
Sugarcane Crushing CORE BUSINESS ACTIVITIES (Installed Capacity) 12,000 M. Tons / day KPIs Unit 2023 2022 2021 2020 2019 Sugarcane Crushed M.Tons 786,325 1,031,923 842,079 630,074 750,786 Sugar Production M.Tons 77,600 91,603 81,181 59,204 74,585 Sugar Recovery % 9.87 8.88 9.64 9.41 9.94 Crushing Pe
Slide 7: Core Business Activities: Sugarcane Crushing
CORE BUSINESS ACTIVITIES Sugarcane Crushing (M. Tons) Crushing Period (Days) 140 126 23 786,325 118 120 102 103 22 1,031,923 100 97 80 21 842,079 60 20 630,074 40 750,786 20 19 - 19 20 21 22 23 - 200,000 400,000 600,000 800,000 1,000,000 1,200,000 Shahtaj Sugar Mills Ltd.
Slide 8: Core Business Activities: Sugar Production and Recovery
CORE BUSINESS ACTIVITIES Sugar Production (M. Tons) Sugar Recovery (%) 91,603 10.00 9.94 100,000 90,000 81,181 9.80 9.64 9.87 74,585 77,600 80,000 9.60 70,000 59,204 9.41 9.40 60,000 9.20 50,000 40,000 9.00 8.88 30,000 8.80 20,000 8.60 10,000 8.40 - 19 20 21 22 23 8.20 19 20 21 22 23 Shahtaj Sugar M
Slide 9: Update on Power Project
UPDATE ON POWER PROJECT Year wise Evolution on 32 MW Bagasse based Power Generation Project - GoP announced framework “Power Cogeneration 2013 Bagasse and Biomass” 2013 - Shahtaj Sugar Mills Ltd. opted to install power plant under the framework 2014 - Alternative Energy Development Board (AEDB) issu
Slide 10: Financial Information
FINANCIAL INFORMATION 2023 2022 2021 2020 2019 ------------------------------------------------------(Rupees in Thousand)------------------------------------------------------ Sales Revenue 9,476,053 6,615,125 6,314,278 4,539,679 4,609,540 Cost of Sales (7,885,007) (5,841,353) (5,503,573) (4,151,015
Slide 11: Graphical Highlights: Sales Revenue
GRAPHICAL HIGHLIGHTS Sales Revenue 10,000,000 9,476,053 43.2% over 2022 Sugar 9,000,000 Year Selling Price /M.Ton 8,000,000 2023 86,036 2022 73,164 6,615,125 2021 76,197 7,000,000 2020 65,960 2019 54,049 6,000,000 6,314,278 5,000,000 4,609,540 4,539,679 4,000,000 3,000,000 2,000,000 1,000,000 - 2019
Slide 12: Graphical Highlights: Cost of Sales
GRAPHICAL HIGHLIGHTS Cost of Sales 8,000,000 7,885,007 35.0% over 2022 Sugarcane Procurement Govt. Cost per 7,000,000 Year 40 Kg Support Price / 40 2023 308.15 300.00 5,841,353 6,000,000 2022 240.83 225.00 2021 268.79 200.00 2020 233.07 190.00 2019 193.09 180.00 5,000,000 5,503,573 4,189,472 4,151,0
Slide 13: Graphical Highlights: Gross Profit
GRAPHICAL HIGHLIGHTS Gross Profit 1,600,000 105.6% over 2022 1,591,046 1,400,000 1,200,000 1,000,000 810,705 800,000 773,772 600,000 420,068 400,000 388,664 200,000 - 2019 2020 2021 2022 2023 Shahtaj Sugar Mills Ltd.
Slide 14: Graphical Highlights: Distribution, Admin., Other Expenses & Other Income
GRAPHICAL HIGHLIGHTS Distribution, Admin., Other Expenses & Other Income 500,000 442,992 51.5% over 2022 400,000 300,000 292,339 262,994 248,338 227,704 200,000 100,000 - 2019 2020 2021 2022 2023 Shahtaj Sugar Mills Ltd.
Slide 15: Graphical Highlights: Finance Cost
GRAPHICAL HIGHLIGHTS Finance Cost 550,000 503,118 500,000 450,000 431,282 16.7% over 2022 Policy (Interest) Rate - by SBP 400,000 Year 2023 % Year 2022 % 350,000 14.09.23 22.00 31.07.23 22.00 22.08.22 15.00 300,000 27.06.23 22.00 07.07.22 15.00 12.06.23 21.00 23.05.22 13.75 264,412 04.04.23 21.00 07
Slide 16: Graphical Highlights: Taxation
GRAPHICAL HIGHLIGHTS Taxation 300,000 256,325 203.9% over 2022 250,000 200,000 150,000 109,429 100,000 70,950 84,339 50,000 54,746 - 2019 2020 2021 2022 2023 Shahtaj Sugar Mills Ltd.
Slide 17: Risks & Uncertainties
RISKS & UNCERTANITIES The company is exposed to the following risks and uncertainties: Increased competition in local market due to sugarcane price war among neighboring mills. Hike in the fuel and electricity prices. Increase in prices of raw and packing material. Increased rates of taxes.
Slide 18: Future Outlook
FUTURE OUTLOOK Refined sugar is the key product of sugarcane industry in Pakistan. There is major government intervention in the sugar industry. As stated earlier, sugarcane prices are set by the government based on production cost of Sugarcane. The cane support prices are then diffused into retai
Slide 19: Future Outlook (continued)
FUTURE OUTLOOK – (continued) Commercial Operation Date (COD) of Power Project could not be achieved mainly due to non completion of transmission line being constructed by GEPCO. Due to this delay the financial benefits of Power Project will not be available to the Company in the year 2023-24 but h
Slide 20: Disclaimer
DISCLAIMER This Corporate Briefing Session presentation prepared by Shahtaj Sugar Mills Ltd. is exclusively for the discussion purpose with the participants only. Any expression, information, statement or representation made during the discussion shall not be infer by any investor or potential inves
Slide 21: Thank You
THANK YOU Shahtaj Sugar Mills Ltd.
Slide 22: Questions & Answers
QUESTIONS & ANSWERS Shahtaj Sugar Mills Ltd.
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