Balrampur Chini Mills Ltd · NSE:BALRAMCHIN

Balrampur Chini Mills — Q1 FY2015 Earnings Presentation

15 slides from Balrampur Chini Mills's earnings presentation, Aug 7, 2014

  1. Slide 1: Balrampur Chini Mills Limited Q1 FY2015 Results Presentation

    BALRAMPUR CHINI MILLS LIMITED Q1 FY2015 RESULTS PRESENTATION AUG 07, 2014

  2. Slide 2: Contents

    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 148.2 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 agai

  4. Slide 4: Q1 FY2015 highlights v/s Q1 FY2014

    Q1 FY2015 highlights v/s Q1 FY2014  Net Revenue grew by 18% to ` 8,043.6 million as compared to ` 6,816.2 million in Q1FY2014  EBITDA stood at ` 466.4 million as compared to ` 489.4 million in Q1 FY2014  Net Profit stood at ` (39.6) million as compared to ` (97.7) million in Q1 FY2014  EPS at `

  5. Slide 5: Management's Message

    Commenting on the performance for Q1 FY2015, Mr. Vivek Saraogi, Managing Director, Balrampur Chini Mills Limited (BCML), said: “The entire sugar industry in Uttar Pradesh has been under tremendous pressure as sugar operations have been unviable after making losses for multiple years in a row. Simila

  6. Slide 6: Performance Highlights: Crushing, Production and Debt

     BCML crushed 7.82 crore quintals of sugarcane in the current sugar season, as compared to 8.63 crore quintals in the sugar season 2013-14  Sugar production for the season stood at 76.53 lakh quintals as compared to 82.33 lakh quintals in previous sugar season  Recovery enhanced to 9.78% as compa

  7. Slide 7: Sector Perspectives: Sugarcane arrears in Uttar Pradesh

     According to ISMA, the country’s sugar production is estimated at 24.7 million tonnes in the ensuing sugar season, as compared to 24.3 million production in the previous season  In Maharashtra, cane acreage is estimated to be ~13% higher over previous season  Sugarcane acreage in U.P. is expecte

  8. Slide 8: Statement of Profit & Loss

    Statement of Profit & Loss % Q-o-Q (` million) Q1 FY15 Q1 FY14 Growth Net Operating Revenue 8,043.6 6,816.2 18.01% EBITDA 466.4 489.4 -4.70% EBITDA Margin (%) 5.80% 7.18% - Depreciation 218.7 265.8 -17.72% Interest 314.2 400.4 -21.53% Profit Before Tax (39.6) (97.7) - Profit After Tax (39.6) (97.7)

  9. Slide 9: Sugar Segment Results

    Segment % contribution % contribution (` million) Revenues to Revenues PBIT to PBIT Q1 FY2015 6,819.8 80.09% (601.3) - Q1 FY2014 5,787.4 79.24% (412.6) - % Shift 17.84% - -  Revenues in the sugar segment was higher in Q1FY15 as compared to the same quarter previous year owing to higher sales volume

  10. Slide 10: Sugar Production and Realizations

    Cane Crushed (Lakh Quintals) Recovery (%) 1000 10.20 10.06 846.28 810.52 10.01 772.80 10.00 800 9.77 9.80 600 9.60 9.54 9.52 400 9.40 200 77.32 67.70 9.20 0 9.00 FY 2012 FY 2013 FY 2014 Q1 FY2014 Q1 FY2015 FY 2012 FY 2013 FY 2014 Q1 FY2014Q1 FY2015 Production (Lakh Quintals) Avg. Realization – Free

  11. Slide 11: Distillery Segment Results

    Segment % contribution % contribution (` million) Revenues to Revenues PBIT to PBIT Q1 FY2015 693.2 8.14% 363.9 - Q1 FY2014 563.3 7.71% 272.0 - % Shift 23.06% - 33.79% -  Healthy overall performance registered by the distillery division on account of higher sales volumes  RS and ENA sales volumes

  12. Slide 12: Distillery Production, Sales and Realizations

    Production (KL) Total Sales (KL) 100,000 80,000 74,080 77,950 70,000 66,217 80,000 67,666 54,717 60,000 55,785 50,000 60,000 40,000 40,000 28,430 30,000 25,615 18,870 19,175 20,000 20,000 10,000 - - FY 2012 FY 2013 FY 2014 Q1 Q1 FY 2012 FY 2013 FY 2014 Q1 Q1 FY2014 FY2015 FY2014 FY2015 Ethanol produ

  13. Slide 13: Co-generation Segment Results

    Segment % contribution % contribution (` million) Revenues to Revenues PBIT to PBIT Q1 FY2015 985.8 11.58% 561.4 - Q1 FY2014 939.3 12.86% 563.7 - % Shift 4.95% - -0.41% -  Co-generation segment registered stable sales and production volumes during the quarter  This segment reported 2017 lakh units

  14. Slide 14: Power Generation and Realizations

    Total Power Generation (Lakh units) 8,000 7,393 7,489 7,505 7,000 6,000 5,000 4,000 3,000 2,373 2,410 2,000 1,000 - FY 2012 FY 2013 FY 2014 Q1 Q1 FY2014 FY2015 Power sales from Bagasse (Lakh units) Realization from Bagasse Based Sales(` per 6,000 5,386 5,474 unit) 5,000 4,676 4.40 4.29 4.30 4,000 4.

  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 organic manure. The Company presently has eleven sugar f

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