Balrampur Chini Mills Ltd · NSE:BALRAMCHIN

Balrampur Chini Mills — Q3 FY2014 Earnings Presentation

15 slides from Balrampur Chini Mills's earnings presentation, Feb 6, 2014

  1. Slide 1: Balrampur Chini Mills Limited Q3 & 9M FY2014 Results Presentation

    BALRAMPUR CHINI MILLS LIMITED Q3 & 9M FY2014 RESULTS PRESENTATION FEBRUARY 06, 2014

  2. Slide 2: Title Slide No

    Title Slide No Performance Highlights 4 Management’s Message 5 Company Highlights 6 Sector Perspectives 7 Financial Overview 8 Segmental Overview 9 2

  3. Slide 3: Company Highlights

    Sugarcane crushing capacity at 79,000 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 that Maximization stabilizes revenue streams along with providing a hedge agains

  4. Slide 4: Q3 FY2014 highlights vs Q3 FY2013

    Q3 FY2014 highlights v/s Q3 FY2013  Net Revenue stood at ` 6,907.1 million as compared to ` 9,499.3 million in Q3 FY13  EBITDA stood at ` (80.7) million as compared to ` 1,183.8 million in Q3 FY13  Net Profit stood at ` (507.6) million as compared to ` 602.2 million in Q3 FY13  Diluted EPS at `

  5. Slide 5: Management's Message

    Commenting on the performance for Q3 & 9M FY2014, Mr. Vivek Saraogi, Managing Director, Balrampur Chini Mills Limited (BCML), said: “The sugar industry is witnessing a challenging scenario with subdued sugar realizations on one hand and higher input costs on the other. High State Advised Price (SAP)

  6. Slide 6: Operational and debt update

     BCML crushed 1.36 crore quintals of cane in the current quarter of sugar season 2013-14 as against 2.27 crore quintal for the corresponding period of sugar season 2012 – 13  This is on account of a delay in commencement of crushing during the current season  BCML targets to crush approx. 8.0 cro

  7. Slide 7: Sector Perspectives

     India’s sugar production for the current sugar season is estimated at 24 million tonnes as compared to 25 million tonnes in the previous sugar season  Sugar production till January 31st 2014 stood at 11.54 million tonnes, 16% lower than last year because of late crushing  Uttar Pradesh likely to

  8. Slide 8: Statement of Profit & Loss

    Statement of Profit & Loss % Y-o-Y % Y-o-Y (` million) Q3 FY14 Q3 FY13 Growth 9M FY14 9M FY13 Growth Net Operating 6,907.1 9,499.3 (27.29%) 19,649.6 25,301.0 (22.34%) Revenue EBITDA (80.7) 1,183..8 - (243.2) 2,962.3 - EBITDA Margin (%) (1.17%) 12.46% - (1.24%) 11.71% - Depreciation 274.6 271.3 1.22%

  9. Slide 9: Sugar segment results

    Segment % contribution % contribution (` million) Revenues to Revenues PBIT to PBIT Q3 FY2014 6,194.3 83.53% (772.3) - Q3 FY2013 9,208.6 91.73% 634.2 61.87% % Shift (32.73%) - - - 9M FY2014 17,265.5 82.90% (2,190.8) - 9M FY2013 23,271.0 88.65% 1,155.9 47.19% % Shift (25.81%) - - -  Lower volumes du

  10. Slide 10: Sugar production and realization

    Cane Crushed (Lakh Quintals) Recovery (%) 1400 9.60 9.54 9.52 1231.51 1200 9.38 9.40 1000 846.29 810.52 800 9.20 9.10 9.00 600 9.00 400 227.60 136.37 8.80 200 0 8.60 FY 2011 FY 2012 FY2013 Q3 FY2013Q3 FY2014 FY 2011 FY 2012 FY 2013 Q3 FY2013 Q3 FY2014 Production (Lakh Quintals) Avg. Realization – Fr

  11. Slide 11: Distillery segment results

    Segment % contribution % contribution (` million) Revenues to Revenues PBIT to PBIT Q3 FY2014 620.5 8.37% 256.9 - Q3 FY2013 133.5 1.33% 50.7 4.95% % Shift 364.79% - 406.71% - 9M FY2014 1,804.6 8.67% 786.9 - 9M FY2013 1,258.0 4.79% 512.1 20.91% % Shift 43.45% - 53.66% -  In Q3FY14, sales volumes wit

  12. Slide 12: Distillery production and realizations

    Production (KL) Total Sales (KL) 80,000 70,000 63,179 66,217 70,860 67,666 70,000 60,000 54,717 60,000 55,785 50,000 50,000 40,000 40,000 30,000 30,000 17,810 20,000 14,052 20,000 6,674 10,000 3,868 10,000 - - FY 2011 FY 2012 FY 2013 Q3 Q3 FY 2011 FY 2012 FY 2013 Q3 Q3 FY2013 FY2014 FY2013 FY2014 Et

  13. Slide 13: Co-generation segment results

    Segment % contribution % contribution (` million) Revenues to Revenues PBIT to PBIT Q3 FY2014 581.6 7.84% 232.9 - Q3 FY2013 678.5 6.76% 332.8 32.47% % Shift (14.28%) - (30.02%) - 9M FY2014 1,721.1 8.26% 753.8 - 9M FY2013 1,681.1 6.40% 774.0 31.60% % Shift 2.38% - (2.61%) -  Due to the delayed start

  14. Slide 14: Total power generation and sales

    Total Power Generation (Lakh units) 12,000 10,154 10,000 7,393 7,489 8,000 6,000 4,000 2,000 1,459 1,263 - FY 2011 FY 2012 FY 2013 Q3 Q3 FY2013 FY2014 Power sales from Bagasse Realization from Bagasse Based Sales (Lakh units) 7,000 6,312 (` per unit) 6,000 5,386 4.40 4,676 4.29 5,000 4.30 4.21 4,000

  15. Slide 15: 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 eleven sugar fact

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