Shree Renuka Sugars Limited · NSE:RENUKA
Shree Renuka Sugars — Q2 FY2015 Earnings Presentation
15 slides from Shree Renuka Sugars's earnings presentation, Nov 14, 2014
Slide 1: Audited Results for Quarter ended 30th Sep 2014 Earnings Presentation
power Shree Renuka Sugars Ltd Audited Results for Quarter ended 30th Sep 2014 Earnings Presentation ethanol Sugar 14th Nov 2014 1
Slide 2: Important Notice
Important Notice Forward Looking Statements This presentation contains statements that contain “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to Shree Renuka’s future business developme
Slide 3: Highlights
Highlights Standalone EBITDA loss at INR 236 million vs. profit of INR 107 million Y-o-Y Net loss at INR 1,291 million higher by 7% Y-o-Y Sugar realisation for quarter lower by 5.8% Y-o-Y Commenting on the results and performance, Mr. Narendra Murkumbi, Vice Chairman and Managing Director of S
Slide 4: Market Overview
Market Overview Global Sugar Price Trends (Rs / ton) Key Perspectives 40,000 World White Sugar World raw sugar prices Indian White Sugar declined during the quarter ended Sep ‘14 and traded World Raw Sugar 35,000 at an average of USD 15.93 c/lb 30,000 Continuing world sugar i n I NR per ton surp
Slide 5: Standalone Financial Performance
Standalone Financial Performance (Rs. in Million) 3M ended 3M ended % Y-o-Y Y-o-Y Key Perspectives 30-09-2014 30-09-2013 Growth Net Sales1 16,301 15,404 6% • Off-season quarter for the cane milling segment Operating EBITDA2 (236) 107 (321)% • Lower margins in refining business % Margin (1.4)% 0.7% •
Slide 6: Standalone Quarterly Financial Performance
Standalone Quarterly Financial Performance Net Sales1 20,000 18,666 Trends 16,301 15,404 Lower Sugar sales contribution from milling and 15,000 11,959 11,601 refinery segments Rs. million 10,000 Lower ethanol sales volume and realization 5,000 0 Q ended Q ended Q ended Q ended Q ended Sep 2013 D
Slide 7: Standalone Quarterly Financial Performance
Standalone Quarterly Financial Performance Net Profit1 Trends Q ended Q ended Q ended Q ended Q ended Impacted due to higher interest expense Sep 2013 Dec 2013 Mar 2014 Jun 2014 Sep 2014 0 Foreign exchange loss of Rs. 464 million on (500) account of depreciation of INR against USD Rs. million (1
Slide 8: Standalone Performance - Quarter Ended 30th Sep, 2014
Standalone Performance - Quarter Ended 30th Sep, 2014 Net Sales Breakdown - India Quarter ended September 2013 Quarter ended September 2014 7% 2% 5% 2% 12% 28% 66% 78% Sugar Trading Cogeneration Ethanol Sugar Trading Cogeneration Ethanol 8
Slide 9: Closing stock as on 30th Sep, 2014 - India
Closing stock as on 30th Sep, 2014 - India Standalone As on Unit of Measure 30.09.2014 Sugar MT 159,025 White Sugar MT 132,243 Raw Sugar MT 26,782 Ethanol KL 24,971 Molasses MT 35,173 9
Slide 10: Sales Quantity - India
Sales Quantity - India Standalone 3M ended 3M ended % Y-o-Y 30-09-2014 30-09-2013 Growth Total Sugar Sold(MT) 366,507 385,051 (4.8%) Export (in MT) 237,053 148,162 60.0% Domestic (in MT) 129,454 236,889 (45.4%) Ethanol (in KL) 19,997 29,546 (32.3%) Co-gen (in million units) 20 33 (39.9%) 10
Slide 11: Net Price Realization - India
Net Price Realization - India Standalone 3M ended 3M ended % Y-o-Y 30-09-2014 30-09-2013 Growth Average Manufactured Sugar (in Rs./MT) 29,663 31,504 (5.8%) Export (in Rs./MT) 29,051 32,375 (10.3%) Domestic (in Rs./MT) 30,782 30,960 (0.6%) Ethanol (in Rs./KL) 37,864 39,441 (4.0%) Co-gen (in Rs. per u
Slide 12: Sugar: Quarterly Operating Performance
Sugar: Quarterly Operating Performance Sugarcane Crushed Sugar Production1 4,804 700 625 5,000 4,547 560 600 7 521 3,629 488 4,000 3,572 500 451 3,253 425 2,927 111 MT'1000 431 MT'1000 3,423 400 282 172 3,000 96 205 4,547 300 618 2,000 3,022 3,629 2,927 3,141 200 410 278 316 328 1,000 246 1,381 100
Slide 13: Ethanol & CoGen: Quarterly Operating Performance
Ethanol & CoGen: Quarterly Operating Performance Ethanol Production Co-Gen Power Exports 210 300 281 183 182 176 166 243 236 180 158 250 Million Units 195 189 150 200 62 163 KL '000 120 200 153 150 154 90 139 181 153 68 174 87 100 163 169 60 22 181 30 50 82 82 46 76 19 2 13 29 3 33 20 0 0 Q ended Q
Slide 14: Fact Sheet
Fact Sheet COMPANY BACKGROUND Shree Renuka Sugars is a global agribusiness and bio- Ethanol: Shree Renuka manufactures fuel grade owned entities own ~50% of India's sugar capacity, energy corporation. The Company is one of the largest ethanol that can be blended with petrol. Global the rest is owned
Slide 15: Corporate Office
power Shree Renuka Sugars Ltd Corporate Office 7th Floor, Devchand House Shiv Sagar Estate, Dr. Annie Besant Road, Worli, Mumbai-400 018. www.renukasugars.com Vishesh Kathuria +91 22 4001 1400 Shree Renuka [email protected] Sugars Ltd. ethanol sugar 15
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