Chashma Sugar Mills Limited · PSX:CHAS
Chashma Sugar Mills — Corporate Update (2022)
23 slides from Chashma Sugar Mills's corporate update, Mar 21, 2022
Slide 1: Chashma Sugar Mills Limited Corporate Briefing Session 2021
CHASHMA SUGAR MILLS LIMITED Corporate Briefing Session 2021 Presenters: Mr. Rizwan Ullah Khan, CFO Mr. M. Atif Aman, DGM (F&A)
Slide 2: Slide 2
Slide 3: Table of Contents
TABLE OF CONTENTS 1. Introduction (Group & Company) 2. Five Years Performance (Financial & Operational) 3. Financial Results (2021 vs 2020) 4. Current Status (Operational & Financial Performance) Thee Months ended Dec 2021 5. Future Outlook
Slide 4: Introduction
INTRODUCTION (Group and Company)
Slide 5: Introduction of the Group
INTRODUCTION OF THE GROUP ❖ The sponsors of the Premier Group of Companies (“The Group”) have been in commerce and industry since 1950 (experience of 70 years). ❖ The Group is involved in the production of white crystalline Sugar, Ethanol, high grade polypropylene products, Grain Storage Facilities,
Slide 6: Chashma Sugar Mills Limited
CHASHMA SUGAR MILLS LIMITED • Chashma Sugar Mills Limited (“the Company”) was incorporated in Pakistan on May 5, 1988. • The company is principally engaged in manufacturing, production and sale of sugar, other allied compound/products. • “Corporate Structure” of the Company is as follows: • The Prem
Slide 7: Production Units
PRODUCTION UNITS ❖ The Company has two Sugar Production Units and one Ethanol Production unit. • Unit – 1 is situated at University Road, D.I.Khan, KPK • Unit – 2 is situated at Ramak, D.I.Khan, KPK • Ethanol Unit is situated at Ramak, D.I.Khan, KPK Chashma Unit – 1 Chashma Unit – 2 Chashma Unit – E
Slide 8: Five Years Performance
FIVE YEARS PERFORMANCE (Financial & Operational)
Slide 9: Sales, Gross Profit and Net Profit
Sales - net (Rupees in Million) 18,000 16,037 15,930 16,000 14,000 12,421 10,384 11,332 12,000 10,000 8,000 6,000 4,000 2,000 0 2021 2020 2019 2018 2017 Gross Profit Net Profit (PAT) (Rupees in Million) (Rupees in Million) 3,500 800 746 2,910 3,000 700 579 2,500 2,237 600 2,125 500 2,000 1,379 400 3
Slide 10: Total Assets and Shareholder's Equity
Total Assets (Rupees in Million) 18,000 16,973 16,000 14,890 13,526 13,816 14,000 12,000 10,574 10,000 8,000 6,000 4,000 2,000 0 2021 2020 2019 2018 2017 Shareholder's Equity (Rupees in Million) 10,000 9,012 7,691 8,000 6,321 5,805 6,000 4,065 4,000 2,000 0 2021 2020 2019 2018 2017
Slide 11: Production of Sugar and Ethanol
Production of Sugar 2,500,000 2,000,000 1,500,000 1,000,000 500,000 0 2021 2020 2019 2018 2017 Cane Crushed (MT) 1,468,505 1,432,075 1,562,413 2,040,734 2,224,494 Sugar Produced (MT) 145,987 151,013 166,252 193,323 203,687 Recovery (%) 9.94% 10.55% 10.64% 9.47% 9.16% Cane Crushed (MT) Sugar Produced
Slide 12: Financial Results (2021 vs 2020)
Financial Results (2021 vs 2020)
Slide 13: Profit & Loss Highlights – Unconsolidated
PROFIT & LOSS HIGHLIGHTS – Unconsolidated 2021 2020 Difference Rs. in '000' Rs. in '000' %age Sales - net 16,037,086 15,929,690 1% Gross profit 2,124,762 2,910,431 -27% Operating profit 993,685 1,646,572 -40% Profit before taxation 337,348 742,671 -55% Profit after taxation 310,381 746,115 -58% Prof
Slide 14: Financial Position Highlights – Unconsolidated
FINANCIAL POSITION HIGHLIGHTS – Unconsolidated 2021 2020 Difference Rs. in '000' Rs. in '000' %age Property, plant and equipment 11,833,225 9,892,348 20% Stores and spares 522,564 502,275 4% Stock-in-trade 1,354,545 1,241,999 9% Trade debts 533,462 143,049 273% Other assets 2,729,652 3,110,289 -12%
Slide 15: Profit & Loss Highlights – Consolidated
PROFIT & LOSS HIGHLIGHTS – Consolidated 2021 2020 Difference Rs. in '000' Rs. in '000' %age Sales - net 16,037,086 15,929,690 1% Gross profit 2,124,762 2,910,431 -27% Operating profit 920,270 1,635,179 -44% Profit before taxation 237,427 731,259 -68% Profit after taxation 185,795 734,703 -75% Profit
Slide 16: Financial Position Highlights – Consolidated
FINANCIAL POSITION HIGHLIGHTS – Consolidated 2021 2020 Difference Rs. in '000' Rs. in '000' %age Property, plant and equipment 12,500,913 10,449,980 20% Stores and spares 522,564 502,275 4% Stock-in-trade 1,354,545 1,241,999 9% Trade debts 533,462 143,049 273% Other assets 2,247,096 2,796,651 -20% T
Slide 17: Current Status
CURRENT STATUS (Operational & Financial Highlights) Three Months ended December 31, 2021
Slide 18: Operational Highlights
Operational Highlights (Three Months Ended December 31, 2021) • Season Started: November 15, 2021 • Season Ended: Continued till date • Cane Crushed: 1,463,558 MT (Feb 20, 2021) • Sugar Produced: 146,906 MT (10.04%) • Ethanol produced: 8,187 MT (1st Quarter)
Slide 19: Financial Highlights (Dec 2021 vs Dec 2020)
Financial Highlights (Dec 2021 vs. Dec 2020) Dec 31, 2021 Dec 31, 2020 Difference Rs. in '000' Rs. in '000' (%age) Sales - net 2,761,021 2,467,187 12% Gross profit 431,396 457,333 -6% Operating profit 143,485 192,023 -25% Profit before taxation 19,526 73,185 -73% Profit after taxation 39,608 44,482
Slide 20: Future Outlook
05 FUTURE OUTLOOK
Slide 21: Future Outlook
FUTURE OUTLOOK • Sugar Mills: We are foreseeing excess crop this year, therefore, we expect prices to remain suppressed during the year. • Storage Silos: Two facilities having aggregate storage capacity of 20,000 MT were built for PFD for under Concession Agreements for storage of Wheat. COD of both
Slide 22: Q&A Session
Q&A Session
Slide 23: Thank You!
THANK YOU!