Dhampur Sugar Mills Limited · NSE:DHAMPURSUG
Dhampur Sugar Mills — Q4 FY20 Earnings Presentation
24 slides from Dhampur Sugar Mills's earnings presentation, Jun 3, 2020
Slide 1: Cover letter: conference call invitation and investor presentation
Dhampur Sugar Mills Limited 241, Okhla Industrial Estate, Phase- III New Delhi – 110 020, India Tel: +91-11-3065 9400, 4161 2456 Tele Fax +91-11-2693 5697 E - Mail : corporateoffice@dhampur.com Website: www.dhampur.com 03.06.2020 To, Asst. Vice President Asst. General Manager National Stock Exchange
Slide 2: Earnings call invitation Q4 FY20
We cordially invite you to the Earnings Call with Dhampur Sugar Mills Ltd. (DSM IN) to discuss the Q4 FY20 Results Represented by: Mr. Gaurav Goel – MD Mr. Nalin K Gupta – Chief Financial Officer Mr. Vineet Gupta – Chief General Manager (Finance) Mr. Akshat Kapoor – General Manager (Finance) Thursda
Slide 3: Results Presentation
RESULTS PRESENTATION
Slide 4: Disclaimer
Disclaimer 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 is being mad
Slide 5: Key Milestones
Key Milestones Started Production Expanded Rajpura sugar crushing of Country Liquor capacity to 8500 TCD Distillery Capacity and Hand Sanitizer Co-generation plant at Rajpura Expanded by (48MW) and Methane based power 100,000 LPD generation at Asmoli (4MW) 2020 Expanded sugar crushing capa
Slide 6: Overview – Facilities
Overview – Facilities Dhampur Mansurpur Meerganj Rajpura Asmoli Uttar Pradesh Capacity Consolidated Dhampur Asmoli Rajpura Mansurpur Meerganj Sugar Crushing (TCD) 45,500 15,000 9,000 8,500 8,000 5,000 Sugar Refinery (TPD) 1,700 900 800 Renewal Energy (MW) 220.5 73 43.5 48 33 19 (Surplus:~125 MW) Dis
Slide 7: Overview - Sector
Overview - Sector India’s sugar production estimated for SS 19-20 around 27 million tons. Consumption estimated around 24.5-25 million tons. Minimum Sale price of Sugar fixed at ₹ 31/Kg. Creation of Buffer Stocks of 4 million tons of sugar for one year. Fair and Remunerative Price (FRP) fo
Slide 8: Overview – Sector…
Overview – Sector… Central government has announced maximum admissible export quantity (MAEQ) of 6 million tonnes with the assistance of ₹10448 per MT to Sugar mills for expenses on marketing cost including handling, upgrading, other process cost, cost of transport and freight charges in order to
Slide 9: Balance Sheet getting Stronger
Balance Sheet getting Stronger Ratings of the Company improved from A(-) (Outlook - Stable) to A (Outlook - Stable) as assigned by care. The Company repaid long term loans of ₹164.40 crores during FY20 Long Term Loans stood at ₹540.4 crores including Soft loan of ₹226.28 crores, SDF loan of ₹6
Slide 10: Shareholding Pattern
Shareholding Pattern Shareholding Pattern As on March 31, 2020 45.7% 49.1% 5.2% Promoter Institutional Public 8
Slide 11: Annual Financial Performance
Annual Financial Performance Financial Performance Revenue and EBITDA Margin PAT Margins … 25% 21% 9% 17% 11.03% 20% 9% 6% 11% 5% 11% 15% 10% 1% 5% 2,233 2,584 3,352 2,911 3,556 26 238 151 265 224 0% FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 Revenue from Operati
Slide 12: Financial Performance FY 19-20
Financial Performance FY 19-20 • Q4FY 20 v/s Q4FY19 and FY20 v/s FY19 ₹ in Crores Particulars Q4 FY20 Q4 FY19 12M FY20 12M FY19 (₹ crore) Revenues 1,092.75 879.37 3,556.21 2,910.72 EBIDTA 123.37 197.22 392.30 492.27 EBIDTA Margin 11% 22% 11% 17% Depreciation 21.26 27.40 76.04 70.42 EBIT 102.11 169.8
Slide 13: Segmental Overview
Segmental Overview ₹ in Crores Revenues Growth 12M Growth Q4 FY20 Q4 FY19 12M FY19 (₹ crore) (Q-O-Q) FY20 (Y-O-Y) Sugar 942.12 772.24 22% 2,989.72 2,402.49 24% Power 69.77 269.61 -74% 363.71 607.01 -40% Distillery/Chemicals 181.35 139.25 30% 632.08 498.45 27% PBIT Growth Growth Q4 FY20 Q4 FY19 12M F
Slide 14: Segmental Overview
Segmental Overview ₹ in Crores Assets (₹ crore) 12M FY20 12M FY19 Growth (Y-O-Y) Sugar 2,718.80 2681.93 1% Power 671.71 730.96 -8% Distillery/Chemicals 369.03 352.34 5% Growth Liabilities (₹ crore) 12M FY20 12M FY19 (Y-O-Y) Sugar 635.10 608.62 -4% Power 10.26 13.98 36% Distillery/Chemicals 26.22 35.
Slide 15: Sugar Segment
Sugar Segment Operational White Sugar Recovery Particulars Cane Crushed# Sugar Production# Sugar Sales# Realizations (%) (₹/kg) Q4 FY20 33.93 3.83 11.29 2.59 32.38 Q4 FY19 34.91 4.10 11.74 1.90 31.41 12M FY20 69.16 7.66 11.08 8.21 32.66 12M FY19 69.42 7.99 11.51 6.60 30.68 #Lac Tonnes - Sugar Sale i
Slide 16: Sugar Segment
Sugar Segment Sugar prices and recovery rates Cane crushing… Sugar production & sales… 799 766 6,942 6,916 748 6,620 821 5,419 593 765 4,831 509 660 534 534 FY16 FY17 FY18 FY 19 FY 20 FY16 FY17 FY18 FY19 FY20 Cane Crushed ('000 tonnes) Sugar Produced ('000 tonnes) Sugar recovery and average sugar re
Slide 17: Power Segment
Power Segment Operational #cr units Power Export to Realizations Particulars Power Generation# UPPCL# (₹/unit) Q4 FY20 31.49 16.33 3.16 Q4 FY19 35.04 19.67 5.22 12M FY20 69.28 35.24 3.12 12M FY19 76.70 42.94 5.23 - The reduction in turnover of power segment by 40% is due to reduction in power tariff
Slide 18: Distillery/Chemical Segment
Distillery/Chemical Segment Operational Chemicals (Lac KG) RS/ Ethanol (lac BL) Particulars Production Sales Production Sales Q4 FY20 50.02 39.66 280.08 238.14 Q4 FY19 17.70 24.08 259.42 249.42 12M FY20 176.39 166.17 1,050.77 977.34 12M FY19 145.47 162.24 840.94 899.95 The Company started producin
Slide 19: Distillery/Chemical Segment…
Distillery/Chemical Segment… Among India’s largest manufacturers of Ethanol Average realizations… EBITDA margins 45.79 40.8% 41.55 41.38 42.45 38.44 23.4% 21.6% 19.4% 17.8% 105 84 632 71 68 66 498 413 405 345 14 15 14 15 18 FY16 FY17 FY18 FY19 FY20 FY16 FY17 FY18 FY19 FY20 Revenue of Operations* (IN
Slide 20: Key Highlights
Key Highlights Experienced Established brand Promoters and with a track Management record of Team innovation Integrated Improving business Operational processes efficiency Strong relationship with farmers 18
Slide 21: Future Business Strategy
Future Business Strategy We are currently one of the leading integrated sugar companies in India. We plan to increase our asset utilization while we keep improving on our best practices Be agile in our response to changing industry Continue educating farmers on best farming trends of demands/pri
Slide 22: Extra Fine Sugar, Dissolves
EXTRA FINE SUGAR, DISSOLVES € co dhampure = als + E's mpure « ‘= ° dhampure + = 20
Slide 23: Hand Sanitizer
Hand Sanitizer - Company has started production of Hand Sanitizer. - Presently manufacturing in 200 ml, 500ml and 5 liters packing sizes. 21
Slide 24: Contact details
241 Okhla Industrial Estate Phase III, New Delhi – 110020. Tel: 91 - 11 – 30659400 Fax: 91 - 11 – 41612466 Email: corporateoffice@dhampur.com Website: www.dhampur.com