Balrampur Chini Mills Ltd · NSE:BALRAMCHIN

Balrampur Chini Mills — Q1 FY2013 Earnings Presentation

16 slides from Balrampur Chini Mills's earnings presentation, Aug 7, 2012

  1. Slide 1: Balrampur Chini Mills Limited Q1 FY2013 Results Presentation

    BALRAMPUR CHINI MILLS LIMITED Q1 FY2013 RESULTS PRESENTATION AUGUST 07, 2012

  2. Slide 2: Title Slide No

    Title Slide No Performance Highlights 4 Management’s Message 5 Company Highlights 6 Sector Perspectives 7 Financial Overview 9 Segmental Overview 10 2

  3. Slide 3: Company Highlights

    Sugarcane crushing capacity at 76,500 TCD, Distillery and Co-generation Large Capacities operations of 320 KLPD and 126 MW (Saleable) respectively Focus on Value One of the pioneers of Integrated Business Model in India Maximization Stabilizes revenue streams along with providing a hedge against the

  4. Slide 4: Q1 FY2013 highlights

    Q1 FY2013 highlights  Net Revenue grew by 22% to ` 6,919.6 million  EBITDA stood at ` 571.9 million  Net Profit stood at ` (180.5) million  EPS at ` (0.74) per share 4

  5. Slide 5: Management's Message

    Commenting on the performance for Q1 FY2013, Mr. Vivek Saraogi, Managing Director, Balrampur Chini Mills Limited (BCML), said: “The prospects for the sector have been more balanced since the start of the fiscal and we are hopeful of sustaining the performance momentum in the coming quarters. In the

  6. Slide 6: Performance Highlights

     Total cane crushed for the sugar season 2011 – 12 stood at 8.60 crore quintals as compared to 6.95 crore quintal during the sugar season 2010 - 11  This was achieved on account of higher cane availability  Total sugar produced, at 8.22 lakh tonnes, increased by26% in the current season as compar

  7. Slide 7: India's estimated sugar production revised lower

     India’s estimated sugar production for the next season has been revised lower to 24.5-25 million tonnes from 26 million tonnes  Inadequate rainfall in some of the key sugar producing states of Maharashtra and Karnataka to adversely impact prodcution – in the coming season combined production of t

  8. Slide 8: Firm realizations will assist the sugar industry improve earnings

     Firm realizations will assist the sugar industry improve earnings  International sugar prices have witnessed a positive trend – primarily attributed to delay in Brazil’s sugarcane harvest owing to excessive rains  In the recent past, sugar prices in the international markets have stabilized betw

  9. Slide 9: Profit & Loss Statement

    Profit & Loss Statement % Y-o-Y (` million) Q1 FY2013 Q1 FY2012 Growth Net Operating Revenue 6,919.6 5,669.7 22.1% EBITDA 571.9 399.0 43.3% EBITDA Margin (%) 8.3% 7.0% Depreciation 273.9 275.7 (0.7%) Interest 535.2 415.1 28.9% Profit Before Tax (180.5) (198.6) 9.1% Profit After Tax (180.5) (198.6) 9

  10. Slide 10: Sugar segment results

    Segment % contribution % contribution (` million) Revenues to Revenues PBIT to PBIT Q1 FY2013 5,819.2 81.1% (227.7) - Q1 FY2012 4,701.9 79.4% (172.7) - % Shift 23.8% -  Production for the quarter (crushing continued in April also) was higher at 1.6 lakh quintals taking the total sugar produced duri

  11. Slide 11: Sugar production and realization charts

    Cane Crushed (Lakh Quintals) Recovery (%) 1400 1231.51 11.00 10.63 1200 10.45 10.50 1000 846.29 800 10.00 9.54 600 9.50 9.38 400 9.00 200 1.67 15.58 0 8.50 FY 2011 FY 2012 Q1 FY2012 Q1 FY2013 FY 2011 FY 2012 Q1 FY2012 Q1 FY2013 Production (Lakh Quintals) Avg. Realization – Free Sugar (` per kg) 140

  12. Slide 12: Distillery segment results

    Segment % contribution % contribution (` million) Revenues to Revenues PBIT to PBIT Q1 FY2013 533.7 7.4% 229.1 - Q1 FY2012 497.8 8.4% 159.7 - % Shift 7.2% 43.5%  Stable volumes at higher blended realizations resulted in enhanced performance reported by the segment during the quarter  Q1 FY13 volum

  13. Slide 13: Distillery production and realization charts

    Production (KL) 80000 70859.5 70000 60000 55785.0 50000 40000 30000 21909.8 19749.7 20000 10000 0 FY 2011 FY 2012 Q1 FY2012 Q1 FY2013 Total Sales (KL) Blended Realizations (` per BL) 27.00 26.70 70000 63179.3 26.43 60000 54717.2 26.00 50000 25.10 25.00 40000 30000 24.00 23.75 20783.4 20016.6 20000 2

  14. Slide 14: Co-generation segment results

    Segment % contribution % contribution (` million) Revenues to Revenues PBIT to PBIT Q1 FY2013 798.9 11.1% 445.7 - Q1 FY2012 717.7 12.1% 252.1 - % Shift 11.3% 76.8%  During the quarter, the Company operated the plant to generate power only from bagasse  Improved volumes and higher realizations repo

  15. Slide 15: Total Power Generation charts

    Total Power Generation (Lakh units) 12000 10159.6 10000 8000 7393.0 6000 4000 1718.0 2048.3 2000 0 FY 2011 FY 2012 Q1 FY2012 Q1 FY2013 Power sales from Bagasse (Lakh units) Realization from Bagasse Based Sales(` per 7000.0 unit) 6312.0 6000.0 4.25 4.21 4675.9 4.20 5000.0 4.13 4.15 4000.0 4.10 3000.0

  16. Slide 16: About Balrampur Chini Mills Limited

    About Balrampur Chini Mills Limited Balrampur Chini Mills Limited (BCML) is one of the largest integrated sugar companies in India. The allied businesses of the Company comprise distillery operations, cogeneration of power and manufacturing of bio-compost. The Company presently has ten sugar factori

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