Magadh Sugar & Energy Ltd. · NSE:MAGADSUGAR
Magadh Sugar & Energy — Q2 FY2022 Earnings Presentation
24 slides from Magadh Sugar & Energy's earnings presentation, Nov 10, 2021
Slide 1: Covering letter to stock exchanges
@)MAGADH SUGAR &ENERGYLTD MSEL/SE/2021-22/32 10" November, 2021 The Manager The Manager Listing Department Listing Department National Stock Exchange of India Limited BSE Ltd. ‘Exchange Plaza’, C-1, Block G, 1st Floor, New Trading Ring, Bandra-Kurla Complex, Rotunda Building Bandra (E), P.J. Towers,
Slide 2: Result Presentation Q2FY22
Magadh Sugar and Energy Limited Creating Capabilities – Spurring Future Growth Result Presentation | Q2FY22 1
Slide 3: Agenda
- Q2FY22 Highlights - Segmental Performance Agenda - Company Overview - Industry Updates
Slide 4: Q2FY22 Highlights
Q2FY22 Highlights
Slide 5: Business Updates Q2FY22
Business Updates Q2FY22 Sugar Stock as on 30th September 2021, 7.59 lakh quintals (14.72 Lakh quintals on 30th Sep 2020) Average domestic sales realization Q2FY22 Rs. 3,511/- per quintal against Q2FY21 Rs. 3,359/- per quintal H1FY22 Rs. 3,438/- per quintal against H1FY21 Rs. 3,288/- per quin
Slide 6: Focus on Strengthening the Balance Sheet
Focus on Strengthening the Balance Sheet Details of Outstanding position Particulars (Rs. In Crores) Sep’ 2021 March’21 March’20 Term Loan 136 122 152 Cash Credit 278 * 415 382 Total Debt 414 537 534 Cane Dues - 152 267 Total Outside Liability 416 689 801 *Against this, inventory at cost as on 30t
Slide 7: Q2/H1FY21 Result Highlights
Q2/H1FY21 Result Highlights Total Income(Rs. Cr) EBITDA (Rs. Cr) 451 22 22 405 11 212 198 4 Q2FY21 Q2FY22 H1FY21 H1FY22 Q2FY21 Q2FY22 H1FY21 H1FY22
Slide 8: Profitability Highlights
Profitability Highlights Rs. Crore Q2FY22 Q2FY21 H1FY22 H1FY21 Total Income 198 212 451 405 Raw Material Cost 163 183 383 336 Employee Cost 11 10 21 21 Other Expenditure 13 16 25 26 EBITDA 11 4 22 22 Depreciation 5 4 10 9 PBIT 6 0 12 13 Interest 10 15 22 28 Profit Before Tax (4) (15) (10) (14) Tax (
Slide 9: Balance Sheet Highlights
Balance Sheet Highlights Rs. Crore Sep-21 Mar-21 Rs. Crore Sep-21 Mar-21 Shareholder’s Funds 545 558 Non-current assets 770 716 Share capital 14 14 Fixed assets 684 691 Other Equity 531 544 Capital W.I.P 82 15 Non-current liabilities 131 117 Other non-current assets 4 10 Long term borrowings 103 85
Slide 10: Segmental Performance
Segmental Performance
Slide 11: Sugar Segment Performance
Sugar Segment Performance Segmental Revenues PBIT (Rs. lakhs) (Rs. Lakhs) Q2FY22 17,444 (178) Q2FY21 19,565 (237) H1FY22 40,565 (1,261) H1FY21 37,146 20 Sugarcane Crushed Sugar Sold Average Realization Sugar Recovery (%) (lakh quintals) (Lakh quintals) (Rs. Per kg) Q2FY22 - - 4.95 3,511 Q2FY21 - - 5
Slide 12: Distillery Segment Performance
Distillery Segment Performance Segmental Revenues PBIT (Rs. In lakhs) (Rs. lakhs) Q2FY22 2,417 1,067 Q2FY21 1,688 559 H1FY22 5,566 2,839 H1FY21 3,990 1,646 Total Alcohol Production Total Alcohol Sales (Lakh litres) (Lac litres) Q2FY22 13.37 42.93 Q2FY21 16.80 33.53 H1FY22 74.04 96.60 H1FY21 49.23 75
Slide 13: Co-Generation Segment Performance
Co-Generation Segment Performance Segmental Revenues (Rs. lakhs) PBIT (Rs. lakhs) Q2FY22 - (230) Q2FY21 - (206) H1FY22 218 (254) H1FY21 582 (99) Power Sales Average Realization Power Generation (lakh units) (Lakh units) (Rs. Per Unit) Q2FY22 - - - Q2FY21 - - - H1FY22 39.64* 32.90 6.22 H1FY21 71.20 4
Slide 14: Company Overview
Company Overview
Slide 15: Company Overview
Company Overview • Incorporated in 1932 (Group in Sugar Business over 7 decades), pursuant to the scheme of merger and demerger this company formed in 2015 Region Plant (Bihar) Capacity • Company’s core business includes New Swadeshi Sugar Mills 7,500 TCD Pashchim – Sugar and sugar products, Spirits
Slide 16: Industry Overview
Industry Overview
Slide 17: Global Sugar Industry Updates
Global Sugar Industry Updates The Global Sugar Balance Sheet for SS 2021-22 is estimated at Opening Stock 92.8 million MT, Production at 172.5 million MT, Consumption 175.0 million MT, Closing balance at 90.3 million MT Total Global sugar production for SS 21-22 is estimated at 172.5 million MT. The
Slide 18: Domestic Sugar Industry Updates (1/3)
Domestic Sugar Industry Updates (1/3) The Indian sugar balance sheet (in million tons) Sugar season 2018-19 2019-20 2020-21 2021-22 E Opening balance (as on 1st Oct) 10.7 14.5 10.7 8.2 Estimated sugar production 33.1 27.4 31.2 30.5 Sugar availability during the season 43.8 41.9 41.8 38.7 Estimated s
Slide 19: Domestic Sugar Industry Updates (2/3)
Domestic Sugar Industry Updates (2/3) Total Acreage under sugarcane: As per industry estimates, the total acreage under sugarcane in the country is estimated to be around 54.37 lakh hectares in SS 2021-22, which is about 3% higher than SS 2020-21 sugarcane area of around 52.88 lakh hectares • In Bih
Slide 20: Domestic Sugar Industry Updates (3/3)
Domestic Sugar Industry Updates (3/3) Sugar Exports: As per port information and market sources, about 70.91 lac tons of sugar has been physically exported in 2020-21 SS i.e., during October 2020 – September 2021 period. This also includes about 4.49 lac tons of exports done under MAEQ of 2019-20 SS
Slide 21: India achieved highest ever Exports
India achieved highest ever Exports Sugar Exports from India Trend (In Million Tonnes) +87% 7.1 5.95 3.8 2.99 2.6 2.13 1.66 1.09 0.35 0.46 0.05 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 Source: ISMA & various business articles 20
Slide 22: India: Strong Steps towards being Ethanol Ready
India: Strong Steps towards being Ethanol Ready 4.5 4.25 12% 10% Strong incentives for investments from Govt. to 4 augment ethanol capacities 10% 3.4 3.5 3.25 3 8.50% 8% 2.5 2.1 6% 1.89 1.75 5% 5% 2 1.5 4% From 3.5 billion litres of annual capacity in 2018 to a target of 14 billion litres by 2025 1
Slide 23: Business Entering next Growth Phase
Business Entering next Growth Phase Distillery Capacity Expansion Leading to Improved Focus on strengthening from 80KLPD to 155 KLPD Profitability thereby, Balance Sheet (to be commissioned by improving Cash Flows Jan’22) Favourable Government policies likely to push ethanol sales thereby, translati
Slide 24: Let's Connect
Let’s Connect Mr. Dilip Patodia / Mr. Sudershan Bajaj Ms. Pooja Sharma / Mr. Abhishek Bhatt dilip.patodia@birla-sugar.com / sudershan.bajaj@birla-sugar.com pooja.sharma@stellar-ir.com / abhishek@stellar-ir.com 9/1,R.N. Mukherjee Road, Kolkata B-612A, Kanakia Wallstreet, Andheri (East), Mumbai For mo
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