Dhampur Sugar Mills Limited · NSE:DHAMPURSUG
Dhampur Sugar Mills — Q2 FY25 Earnings Presentation
23 slides from Dhampur Sugar Mills's earnings presentation, Nov 12, 2024
Slide 1: Cover letter to stock exchanges
Date: 12.11.2024 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.022-22722039/37/312
Slide 2: Dhampur Sugar Mills Ltd Financial Results: Q2-FY25
Dhampur Sugar Mills Ltd Financial Results: Q2-FY 25 12th November 2024 1
Slide 3: Safe Harbour Statement
Safe Harbour Statement 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
Slide 4: Content
Content Slide No. Company Overview 4-8 Financial Performance 9-13 Businesswise Performance 14-19 Consolidated Financial Performance 20 Brand… ‘Mishti by Dhampur’ 21 3
Slide 5: Company Overview
Company Overview 4
Slide 6: Business Facilities
Business Facilities Dhampur Rajpura Sugar- 15000 TCD Sugar-9000 TCD Co-Gen-78.5 MW Co-Gen- 48 MW Distillery- 350 KLPD (C Heavy) Ethyl Acetate- 140 MT per day Uttar Pradesh Potable Spirits- 20000 cases per day* *Additional capacity of potable spirits of 5000 cases per day commissioned w.e.f. 2nd Apri
Slide 7: Board of Directors
Board of Directors Mr. Ashok Kumar Goel Chairman (Promoter) • Over five decades of experience in sugar and paper industries. • On board of directors of the Company since 1969. • Has been President of ISMA & UPSMA. Mr. Gaurav Goel Mr. Anuj Khanna Vice Chairman and Managing Director (Promoter) Indepen
Slide 8: Key Milestones
Key Milestones 1933 1995 2004 2006 2007 2008 Sugar mill established Distillery in Dhampur with 100 Increased distillery Raised US$53.7mn Installed multi-fuel high Expanded sugar crushing at Dhampur KLPD capacity to 140 KLPD through GDR pressure boilers at Dhampur Capacities - Dhampur to
Slide 9: Shareholding Pattern and Credit Rating
Shareholding Pattern 30th September 2024 Credit Rating –India Ratings & Research (Fitch Group) Instrument Type Rating/Outlook Issuer Rating IND AA-/Stable Term Loan IND AA-/Stable Working Capital Limits IND A+/Stable Fixed Deposits IND AA-/Stable 8
Slide 10: Financial Performance
Financial Performance 9
Slide 11: Q2 FY25 Vs Q2 FY24, H1 FY25 Vs H1 FY24
Q2 FY25 Vs Q2 FY24 Amount in Rs. Crore Revenue Profit Before Tax Positive : • Sugar sales 0.71 lakh tons (Q2FY24 : 0.41 lakh tons). • Sugar realization Rs. 38163/ton (Q2 FY24 : Rs 37570/ton). Negative : • Ethanol sales 93.17 lakh BL (Q2FY24 : 341.51 lakh BL). H1 FY25 Vs H1 FY24 Revenue Profit Before
Slide 12: Businesswise Revenue Mix (%)
Businesswise Revenue Mix (%) Q2 FY25 Vs Q2 FY24 H1 FY25 Vs H1 FY24 Lower ethanol sales volume resulted in higher sugar segment revenue % share : Q2FY25 : 93.17 lakh BL vs 341.51 lakh BL in Q2FY24; H1FY25 : 238.29 lakh BL vs 698.96 lakh BL in H1FY24. Potable spirits : net of excise duty 11
Slide 13: Standalone Financial Performance
Standalone Financial Performance Amount in Rs. Crore Q2 Q2 H1 H1 FY24 Particulars FY 25 FY 24 FY 25 FY 24 2644.1 Revenue from Operations 580.4 580.3 1258.3 1495.0 291.8 EBITDA 5.1 26.3 36.1 121.8 11.0 EBITDA (%) 0.9 4.5 2.9 8.1 190.5 PBT -20.2 6.5 -18.2 74.3 7.2 PBT (%) -3.5 1.1 -1.4 5.0 132.9 PAT -
Slide 14: Balance Sheet
Balance Sheet Amount in Rs. Crore As on As on As on 31st March 24 Particulars 30st Sep 24 30st Sep 23 1175.4 Non Current Assets 1161.9 1203.6 1127.2 Current Assets 476.2 303.8 48.2 Cash/Cash Equivalents* 50.0 129.4 2350.8 Total Assets 1688.1 1636.8 1095.2 Equity 1082.4 1049.3 164.9 Long Term Borrowi
Slide 15: Businesswise Performance
Businesswise Performance 14
Slide 16: Businesswise Financials Q2 and H1 FY25
Businesswise Financials- Q2 FY25 Vs Q2 FY24 Amount in Rs. Crore Revenue Profit Before Tax Negative : Ethanol sales value decreased due to non availability of molasses during off season 2023- 24 on account of : • Non Businesswise Financials- H1 FY25 Vs H1 FY24 availability of sugarcane. Revenue Profi
Slide 17: Sugar Business and Power Business
Sugar Business FY 24 Particulars UOM Q2 FY25 Q2 FY24 H1 FY25 H1 FY24 2.58 Sales-Sugar Lakh Tons 0.71 0.41 1.50 1.63 2.10 Inventory –Sugar Lakh Tons 0.66 0.08 0.66 0.08 Realisation-White 37359 Rs/Ton 38163 37570 38586 36683 Sugar Sugar inventory valued at Rs. 34861/ton as on 30th September 24. Power
Slide 18: Ethanol Business
Ethanol Business FY 24 Particulars UOM Q2 FY25 Q2 FY24 H1 FY25 H1 FY24 668.51 Production- B heavy Lakh BL 6.57 264.19 33.77 387.98 73.63 - C heavy Lakh BL 1.37 - 8.39 - 275.98 - Syrup* Lakh BL - - - 211.52 - 171.67 Lakh BL 85.49 38.06 171.82 38.06 Grain/Maize 1189.79 Total Lakh BL 93.43 302.25 213.9
Slide 19: Chemicals Business and Potable Spirits Business
Chemicals Business FY 24 Particulars UOM Q2 FY25 Q2 FY24 H1 FY25 H1 FY24 327.21 Production Lakh Kg 83.07 89.25 175.83 191.10 323.32 Sales Lakh Kg 81.20 90.21 176.22 191.99 Potable Spirits Business FY 24 Particulars UOM Q2 FY25 Q2 FY24 H1 FY25 H1 FY24 22.42 Production Lakh Cases 7.16 5.70 15.22 11.89
Slide 20: Businesswise Financials
Businesswise Financials Amount in Rs. Crore FY 24 Particulars Q2 FY25 Q2 FY24 H1 FY25 H1 FY24 Sugar 1433.0 - Revenue 279.4 225.4 607.1 806.9 27.8 - EBIT -4.1 -20.6 10.8 6.4 Power 225.6 - Revenue 15.0 15.4 29.9 62.2 84.8 - EBIT -4.9 0.1 -3.9 16.1 Ethanol 812.2 - Revenue 78.5 222.4 189.3 460.7 124.0 -
Slide 21: Consolidated Financial Performance
Consolidated Financial Performance Amount in Rs. Crore Q2 Q2 H1 H1 FY24 Particulars FY 25 FY 24 FY 25 FY 24 Revenue from 2646.8 580.7 582.2 1258.9 1497.3 Operations 293.4 EBITDA 5.2 27.3 36.5 123.0 11.1 EBITDA (%) 0.90 4.7 2.9 8.2 192.1 PBT -20.1 7.5 -17.8 75.5 7.3 PBT (%) -3.5 1.3 -1.4 5.0 134.5 PA
Slide 22: Mishti by Dhampur
DHAMPUR Z Legacy for tomorrow ®oxHAmMPUR JAR MILLS LTO -€ 21
Slide 23: Thank You
Thank You For further information, please contact : Dhampur Sugar Mills Ltd. 6th Floor, Max House, Okhla Industrial Estate, Phase III New Delhi – 110020, Telephone : +91-11-41259400 Email: investordesk@dhampursugar.com, Website: www.dhampursugar.com 22