Dhampur Sugar Mills Limited · NSE:DHAMPURSUG
Dhampur Sugar Mills — Q2 FY24 Earnings Presentation
23 slides from Dhampur Sugar Mills's earnings presentation, Oct 31, 2023
Slide 1: Cover letter to stock exchanges
31.10.2023 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: Dhampur Sugar Mills Ltd Financial Results: Q2-FY24
Dhampur Sugar Mills Ltd Financial Results: Q2-FY 24 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 4-9 Operating Performance 10-13 Financial Performance 14-20 Brand… ‘Mishti by Dhampur’ 21 3
Slide 5: Company Overview
Bons MPur Company Overview
Slide 6: Business Facilities
Business Facilities Dhampur Rajpura Sugar- 15000 TCD Sugar-9500 TCD Co-Gen-78.5 MW Co-Gen- 48 MW Distillery- 350 KLPD (C Heavy)* Ethyl Acetate- 140 MT per day *100 KLPD grain-based distillery commissioned in Q1 FY24. 5
Slide 7: Board of Directors
Board of Directors Mr. Ashok Kumar Goel, Chairman Mr. Gaurav Goel, Vice Chairman and Managing Director Mr. Mahesh Prasad Mehrotra, Independent Director Mr. Yashwardhan Poddar, Independent Director Mr. Anuj Khanna, Independent Director Mr. Satpal Kumar Arora, Independent Director Ms. Pallavi Khandelw
Slide 8: Key Milestones
Key Milestones 1933 1995 2004 2006 2007 Sugar mill established Distillery in Dhampur with 100 Increased distillery Raised US$53.7mn Installed multi-fuel high at Dhampur KLPD capacity to 140 KLPD through GDR pressure boilers at Dhampur Greenfield sugar unit at Rajpura (7500TCD) Installe
Slide 9: Shareholding Pattern as on 30th Sep 23
Shareholding Pattern as on 30th Sep 23 8
Slide 10: Key Highlights: Credit Rating
Key Highlights : Credit Rating India Ratings & Research (A Fitch Group Company) has upgraded/reaffirmed the Company’s ratings as under: Instrument Type Current Rating Historical Rating Rating Action Issuer Rating AA- A+ Upgraded Term Loan AA- A+ Upgraded Fixed Deposit AA- A+ Upgraded Working Capital
Slide 11: Operating Performance
Bons MPur Operating Performance 10
Slide 12: Sugar and Power Operating Performance
Sugar Operating Performance FY23 Particulars UOM Q2 FY24 Q2 FY23 H1 FY24 H1 FY23 3.89 Sales Lakh tons 0.41 0.97 1.63 2.19 34839 Realisation ₹/ton 37570 35434 36683 35130 32897 Valuation Rate ₹/ton 33954 31547 33954 31547 Power Operating Performance FY23 Particulars UOM Q2 FY24 Q2 FY23 H1 FY24 H1 FY2
Slide 13: Ethanol Operating Performance
Ethanol Operating Performance FY23 Particulars UOM Q2 FY24 Q2 FY23 H1 FY24 H1 FY23 269.12 Production- B heavy Lakh BL 264.19 150.87 387.98 195.46 661.97 - Syrup Lakh BL - - 211.52 152.27 - - Grain Lakh BL 38.06 - 38.06 - 931.08 Total Production Lakh BL 302.26 150.87 637.56 347.72 279.37 Sales- B hea
Slide 14: Ethyl Acetate and Potable Spirits Operating Performance
Chemicals-Ethyl Acetate Operating Performance FY23 Particulars UOM Q2 FY24 Q2 FY23 H1 FY24 H1 FY23 345.45 Production Lakh Kg 89.25 62.92 191.10 151.94 351.91 Sales Lakh Kg 90.21 63.10 191.99 159.17 Potable Spirits Operating Performance FY23 Particulars UOM Q2 FY24 Q2 FY23 H1 FY24 H1 FY23 Lakh 19.00
Slide 15: Financial Performance
Bons MPur Financial Performance 14
Slide 16: Standalone Financial Performance
Standalone Financial Performance Q2 Q2 % H1 H1 % FY23 Particulars FY 24 FY 23 Change FY 24 FY 23 Change Revenue from 2826.0 580.3 608.9 -4.7 1495.0 1428.5 4.7 Operations 311.0 EBITDA 26.3* 36.7 -28.3 121.8* 120.0 1.5 11.0 EBITDA (%) 4.5 6.3 8.1 8.4 215.1 PBT 6.5* 15.9 -59.1 74.3* 69.7 6.6 7.6 PBT (%
Slide 17: Standalone Segment Revenue and Segment Profit (PBIT)
Standalone Segment Revenue FY23 Q2 FY24 Q2 FY23 Variance H1 FY24 H1 FY23 Variance Particulars 1937.2 Sugar 225.3 377.7 -40.3% 806.9 925.9 -12.9 217.1 Power 15.4 8.8 75.0% 62.2 52.5 18.5 596.1 Ethanol 222.4 100.9 120.4% 460.7 244.6 88.3 302.4 Chemicals 71.9 55.0 30.7% 152.9 146.3 4.5 463.9 Potable Sp
Slide 18: Q2 FY24 vs Q2 FY23 Revenue, PBT and Segment Revenue
Revenue from Operations Profit Before Tax Q2 FY24 Vs Q2 FY23 Q2 FY24 Vs Q2 FY23 All figures are in Rs. crore *Higher levy molasses obligation. Increase Decrease Total Segment Revenue Q2 FY 23 Q2 FY 24 17
Slide 19: H1 FY24 vs H1 FY23 Revenue, PBT and Segment Revenue
Revenue from Operations Profit Before Tax H1 FY24 Vs H1 FY23 H1 FY24 Vs H1 FY23 All figures are in Rs. crore *Higher levy molasses obligation. Increase Decrease Total Segment Revenue H1 FY 23 H1 FY 24 18
Slide 20: Balance Sheet
Balance Sheet As on As on As on 31st March 23 Particulars 30st Sep 23 30st Sep 22 1157.9 Non Current Assets 1203.6 1158.7 923.0 Current Assets 303.8 393.1 34.1 Cash & Cash Equivalents 129.4 0.8 2115.0 Total Assets 1636.8 1552.6 1038.9 Equity 1049.3 934.1 217.1 Long Term Borrowings 203.9 250.8 29.2 O
Slide 21: Consolidated Financial Performance
Consolidated Financial Performance Q2 Q2 % H1 H1 % FY23 Particulars FY 24 FY 23 Change FY 24 FY 23 Change Revenue from 2874.0 582.2 644.2 -9.6 1497.3 1473.1 1.6 Operations 318.8 EBITDA 27.3* 37.5 -27.2 123.0* 124.4 -1.1 11.1 EBITDA (%) 4.7 5.8 8.2 8.4 222.8 PBT 7.5* 16.7 -55.1 75.5* 74.1 1.9 7.8 PBT
Slide 22: Brand Mishti by Dhampur
i.) DHAMPUR Legacy for tomorrow (D OHAMPUR SUGAR MILLS LTO — £STO 1933 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