Dwarikesh Sugar Industries Ltd. · NSE:DWARKESH
Dwarikesh Sugar Industries — Q3 FY18 Earnings Presentation
27 slides from Dwarikesh Sugar Industries's earnings presentation, January 2018
Slide 1: Cover letter to stock exchanges - Investor Presentation
> NY DWARIKESH SUGAR INDUSTRIES LIMITED Corp. Off.: 511, Maker Chambers V, 221, Nariman Point, Mumbai - 400 021. Tel.: 2283 2468, 2204 2945 Fax : 2204 7288 E-mail : dsilbom@dwarikesh.com + Website : www.dwarikesh.com * CIN : L15421UP1993PLC018642 REF: DSIL/2017-18/G80 January 2%, 2018 J Corporate Re
Slide 2: Q3 and 9M FY18 Investor Update
Dwarikesh Sugar Industries Limited Q3 and 9M FY18- Investor Update
Slide 3: Safe Harbor Statement
Safe Harbor Statement This presentation and the accompanying slides (the “Presentation”), which have been prepared by Dwarikesh Sugar Industries Ltd (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscr
Slide 4: Q3 FY18 Conference Call Invitation
Q3 FY18 –Conference Call Invitation
Slide 5: Business Overview
Business Overview
Slide 6: At a Glance
At a Glance Reach Capacity (Dec 31, Dwarikesh Dwarikesh Dwarikesh 2016) Nagar Puram Dham Aggregate Dwarikesh Nagar Sugar (Bijnor Dist.) 6,500 7,500 7,500 21,500 Dwarikesh Puram (TCD) (Bijnor Dist.) Dwarikesh Dham 86 (Bareilly Dist.) Cogenera- 17 33 36 (Surplus: tion (MW) c. 56) Uttar Pradesh Distill
Slide 7: Overview - Operations
Overview - Operations Endeavour is to extract maximum value out of sugarcane with minimal waste Molasses Farmers (External Sales) (around 97,000) Cane Industrial Development & Molasses Distillery Alcohol Marketing Sugarcane (30,000 LPD at Dwarikesh Nagar) Clarification Dwarikesh Sugar Crushing Sugar
Slide 8: Key Management Personnel
Key Management Personnel Hands-on promoter involvement across two generations Founder Promoter with over two decades of experience Commerce graduate and ICWA Inter Received ‘Indira Gandhi Priyadarshini Award for Management’, ‘Bhamasha Award’, ‘Indira Gandhi Sadbhavna Award’ and ‘Swami Krishnan
Slide 9: Key Milestones
Key Milestones Set up DN Distillery with 30,000 LPD De-bottlenecking of DN crushing capacity capacity; Commenceme DN Distillery by reached 6,500 TCD; Commissioned Dwarikesh Puram (DP) nt of surplus commissioning Bio- Incorporate plant with crushing capacity of power supply Methanated Spe
Slide 10: Business Strategy
Business Strategy We are currently one of the most efficient integrated sugar companies in Uttar Pradesh. We plan to further improve on our performance matrices while continuing with our best practices Continue educating farmers on best farming practices, high yield / sugar content seeds, pesticid
Slide 11: Strong Relationship with farmers
Strong Relationship with farmers Associated with around 97,000 farmer families Purchased sugarcane of INR 8,421* million and INR 6,444** million in FY17 (12M) and FY16 (12M) respectively from farmers in our reserved area providing impetus to rural economy Increased Farmer Bonding Dedicated web
Slide 12: Q3 and 9M FY18 Financial Performance
Q3 and 9M FY18 Financial Performance
Slide 13: Performance Highlights
Performance Highlights In INR Crores 9M FY 18 9M FY 17 Q3 FY18 Q3 FY17 Total Income 1121.64 809.48 281.29 235.09 EBIDTA 167.64 171.65 34.71 58.28 PAT 110.66 110.13 21.30 41.87 In INR 9M FY 18 9M FY 17 Q3 FY18 Q3 FY17 EPS 5.88 6.41 1.13 2.22
Slide 14: Quarterly Trends
Quarterly Trends 582.8 26.43% 3543 3516 2728 2205.6 347.1 12.72% Dec-17 Dec-16 Dec-17 Dec-16 Revenue from Operations ( millions) EBIDTA (millions) EBIDTA Margin Average Sugar Realization INR/Quintal 418.7 17.80% 213 7.57% Dec-17 Dec-16 13 PAT (Million) PAT Margin
Slide 15: Summary Financials (9M FY18)
Summary Financials ( 9M FY18) 1106.6 10805.9 22.90% 13.60% 7495.6 15.51% 9.87% 1101.3 9MFY18 9MFY17 9MFY18 9MFY17 Revenue from Operation ( Million) EBIDTA Margin PAT(Million) PAT Margin The long term rating accorded to the company by ICRA is A+ ( A plus) with Stable outlook Short term rating accorde
Slide 16: Summary Financials (Q3FY18 and 9M FY18)
Summary Financials ( Q3FY18 and 9M FY18) In INR Lakhs PARTICULARS Q3FY18 Q3FY17 9MFY18 9MFY17 INCOME Revenue from operations ( Net of excise duty wherever 27,280 22,055 1,08,059 74,956 applicable) Other income 849 306 1,272 1,827 Total Revenue 28,129 22,361 1,09,331 76,783 EXPENDITURE Cost of materi
Slide 17: Operational Trends
Operational Trends
Slide 18: Sugar
Sugar 666 2379.4 11.00% 3543.10 522.7 1893.1 3516.60 -0.43% Dec-17 Dec-16 Dec-17 Dec-16 Sugar Sold('000 Quintals) Average Realization(INR/Quintal) Revenue from Operations (INR Million) EBIDTA Margin 17
Slide 19: Sugar
Sugar 2791 3597 10190.10 18.00% 1974.30 6988.60 11.00% 3471.60 9MFY18 9MFY17 9MFY18 9MFY17 Sugar Sold('000 Quintals) Average Realization(INR/Quintal) Revenue from Operations (INR Million) EBIDTA Margin 18
Slide 20: Distillery
Distillery 4.3 44.90 41.00% 193.6 153.7 4.1 37.80 39.00% 9MFY18 9MFY17 9MFY18 9MFY17 Industrial Alcohol Sold (Mn L) Average Realization(INR/L) Revenue from Operations (INR Million) EBIDTA Margin Salient Points • Products include rectified spirit and ethanol 19
Slide 21: Cogeneration
Cogeneration 327.4 107 68.2 88.1 57.3 288 4.8 5 Dec-17 Dec-16 Q3FY18 Q3FY17 Power Generated (Mn Units) Power Exported (Mn Unit) Revenue from Operations(INR Million) Average Realization (INR/Unit) Salient Points • Generation Capacity: 86 MW; Exportable capacity: approx. 56 MW • Cogeneration capacity
Slide 22: Cogeneration
Cogeneration 462 151.7 39% 313.3 98.6 96.2 62.6 38% 4.8 5 9MFY18 9MFY17 9MFY18 9MFY17 Power Generated( Mn Units) Power Exported(Mn Units) Revenue from Operations(INR Million) EBIDTA Margin Average Realization ( INR/Unit) Salient Points • Generation Capacity: 86 MW; Exportable capacity: approx. 56 MW
Slide 23: Annexure - Facilities
Annexure- Facilities
Slide 24: Dwarikesh Nagar Facility (Bijnor District)
Dwarikesh Nagar Facility ( Bijnor District) Sugar Plant Overview Distillation House & Multi-Effect Evaporator Bagasse Silos & Feeders of Boiler Continuous Pan 23
Slide 25: Dwarikesh Puram Facility (Bijnor District)
Dwarikesh Puram Facility ( Bijnor District) Juice Evaporator Centrifugal Station Cogeneration Control Panel Switch Yard 24
Slide 26: Dwarikesh Dham Facility (Bareilly District)
Dwarikesh Dham Facility ( Bareilly District) Facility Overview 24 MW TG Set Pan Station Clarification Section 25
Slide 27: Thank You
Thank You Vijay S Banka Balagopal P/Kailash Yevale Whole-time Director and CFO Adfactors PR Private Limited Dwarikesh Sugar Industries Limited Tel: 022 67574343/022 67574347 Email: vsbanka@dwarikesh.com Email: balagopal.p@adfactorspr.com kailash.yevale@adfactorspr.com 26
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