Dwarikesh Sugar Industries Ltd. · NSE:DWARKESH
Dwarikesh Sugar Industries — Q2 FY2019 Earnings Presentation
27 slides from Dwarikesh Sugar Industries's earnings presentation, Nov 2, 2018
Slide 1: Regulation 30 disclosure cover letter
' .,, 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 : [email protected] • Website : www.dwarikesh.com • CIN : L 15421UP1993PLC018642 REF: DSIL/2018-19 /3 G' .2-- November.112, 2018 Corp
Slide 2: Dwarikesh Sugar Industries Limited Investor Update Q2FY19
Dwarikesh Sugar Industries Limited Investor Update- Q2FY19
Slide 3: Safe Harbour Statement
Safe Harbour 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 subsc
Slide 4: Q2FY19 Conference Call Invite
Q2FY19 Conference Call Invite
Slide 5: Business Overview
Business Overview
Slide 6: At a Glance
At a Glance ● 3 Plants located in UP-India’s largest sugar producing state ● 2 Plants located in Bijnor District– a District with focused concentration on cane production on highly fertile & well-irrigated land Dwarikesh Nagar ● Plant at Bareilly – the low-lying Ganges plains district with fertile a
Slide 7: Operations Overview
Operations Overview Farmers Molasses (around 113,000) (External Sales) Industrial Alcohol Cane Development Sugarcane Molasses Distillery (30,000 LPD at & Marketing Dwarikesh Nagar) Clarification Dwarikesh Sugar Crushing Sugarcane Sugar Evaporation Industries Ltd. (3 facilities) Juice Crystallization
Slide 8: Key Management Personnel
Key Management Personnel ● Founder, Promoter with over three ● MD since April 2018 ● MD, CS cum CCO since decades of experience ● Qualified Chartered April 2018 ● Commerce graduate & ICWA Inter Accountant ● Associated with the ● Received ‘Indira Gandhi ● Associated with the company since 1994 Priyad
Slide 9: Key Milestones
Key Milestones Debottlenecking of DN Set up DN Distillery with 30,000 LPD Distillery by capacity; DN Crushing capacity commissioning Commissioned Dwarikesh Puram (DP) reached 6,500 TCD; Commencement of Biomethanated Spent plant with crushing capacity of DN plant commenced 7,500TCD and cogeneration c
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 ● Focus on cost control through Cost
Slide 11: Strong Relationship with farmers
Strong Relationship with farmers Cane Development ● Dedicated cane department to supervise cane development and procurement ● ‘Kisan Sewa Kendra’ for promotion of high yield seed varieties (e.g.: Co 0238) and more efficient pesticides ● Monitoring harvesting program to obtain desired quality and qua
Slide 12: Q2FY19 Financial Performance
Q2FY19 Financial Performance
Slide 13: Performance Highlights
Performance Highlights In INR Crores Q2 FY 19 Q2 FY 18 H1 FY 19 H1 FY 18 FY 18 Total Income 265.59 318.39 642.52 840.35 1475.76 EBIDTA 21.00 36.51 66.51 132.93 159.97 PAT 8.09 30.09 38.83 89.35 101.45 In INR Q2 FY 19 Q2 FY 18 H1 FY 19 H1 FY 18 FY 18 EPS 0.43 1.60 2.06 4.75 5.39
Slide 14: Quarterly Trends
Quarterly Trends 3677.1 3151.4 11.53% 7.94% 3165.5 2645.3 365.08 209.99 Q2FY18 Q2FY19 Q2FY18 Q2FY19 Revenue from Operations ( millions) Average Sugar Realization INR/Quintal EBIDTA (millions) EBIDTA Margin 9.45% 3.05% 300.85 80.90 Q2FY18 Q2FY19 PAT (Million) PAT Margin
Slide 15: Summary Financials (H1FY19)
Summary Financials (H1FY19) 10.63% 16.46% 10.38% 6.04% 1329.3 665.1 8077.8 6409.1 893.53 388.31 H1FY18 H1FY19 H1FY18 H1FY19 Revenue from Operations (INR Million) EBITDA (INR Million) PAT (Million) PAT Margin EBIDTA Margin
Slide 16: Summary Financials
Summary Financials Q2FY19 Q2FY18 H 1FY19 H 1FY18 FY 18 INCOME Revenue from operations ( net of ED in previous periods) 2,645.3 3,165.5 6,409.1 8,077.8 14,299.5 Other income 10.6 18.4 16.1 42.3 174.8 Total Revenue 2,655.9 3,183.9 6,425.2 8,120.1 14,474.3 EXPENDITURE Cost of material consumed 4.5 4.5
Slide 17: Operational Trends
Operational Trends
Slide 18: Sugar - Quarter Performance
Sugar - Quarter Performance 12% 3677.1 6% 3151.4 385.6 3150.3 2534.9 142.8 848.6 803.7 Q2FY18 Q2FY19 Q2FY18 Q2FY19 Revenue from Operations (INR Million) Sugar Sold('000 Quintals) EBITDA (INR Million) Average Realization(INR/Quintal) EBIDTA Margin
Slide 19: Sugar – Half-Year Performance
Sugar – Half-Year Performance 15% 3613.9 2940.7 4% 1204.6 8031.6 6244.7 275.2 2125.0 2023.7 H1FY18 H1FY19 H1FY18 H1FY19 Revenue from Operations (INR Million) EBITDA (INR Million) Sugar Sold ('000 Quintals) Average Realisation (INR/Quintal) EBIDTA Margin
Slide 20: Distillery - Quarter Performance
Distillery - Quarter Performance 76% 57% 84.0 39.0 38.0 9.2 0.42 2.90 16.2 110.4 Q2FY18 Q2FY19 Q2FY18 Q2FY19 Industrial Alcohol Sold (Mn L) Revenue from Operations (INR Million) Average Realization(INR/L) EBITDA (INR Million) EBIDTA Margin Salient Features: •Products include rectified spirit and eth
Slide 21: Distillery – Half-Year Performance
Distillery – Half-Year Performance 67% 39.0 137.8 38.1 29% 38.5 132.6 205.0 3.4 5.4 H1FY18 H1FY19 Revenue from Operations (INR Million) H1FY18 H1FY19 EBITDA (INR Million) Industrial Alcohol Sold (Mn L) Average Realization(INR/L) EBIDTA Margin Salient Features: •Products include rectified spirit and
Slide 22: Cogeneration – Half-Year Performance
Cogeneration – Half-Year Performance 48.1 40% 26% 28.0 252.1 78.2 86.2 44.7 337.7 638.0 4.8 5.0 H1FY18 H1FY19 H1FY18 H1FY19 Revenue from Operations (INR Million) Power Generated (Mn Units) Power Exported (Mn Unit) EBITDA (INR Million) Average Realization (INR/Unit) EBIDTA Margin Salient Features: •G
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
Slide 25: Dwarikesh Nagar Facility (Bijnor District)
Dwarikesh Nagar Facility ( Bijnor District ) Juice Evaporator Centrifugal Station Cogeneration Control Panel Switch Yard
Slide 26: Dwarikesh Nagar Facility (Bijnor District)
Dwarikesh Nagar Facility ( Bijnor District ) Facility Overview 24 MW TG Set Pan Station Clarification Section
Slide 27: Thank you
Thank you Vijay S Banka Kailash Yevale Managing Director Adfactors PR Private Limited Dwarikesh Sugar Industries Limited Tel: 022 67574347 Email: [email protected] Email: [email protected]
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