Sugar company Dhampur Bio Organics announced Q2FY24 results: 1. Financial Performance: - The company reported a revenue growth of 22.87% in Q2FY24 compared to the previous year. - EBITDA margin stood at 3.08% in Q2FY24. - PAT margin was 0.12% in Q2FY24. 2. Segmental Performance: - Sugar segment revenue growth was 2.55% in Q2FY24. - Bio Fuels & Spirits segment revenue growth was 8.55% in Q2FY24. - Country Liquor segment revenue growth was 384.08% in Q2FY24. 3. Operational Performance: - Sugar production was 94,870 tons in Q2FY24, with an average recovery of 9.42%. - Bio Fuels & Spirits production included 26.74 lac BL of Syrup Derived Ethanol and 14.47 lac BL of B-Heavy Derived Ethanol in Q2FY24. - Country Liquor segment sales reached 5,96,880 cases in Q2FY24. 4. Balance Sheet Highlights: - Long-term loans were at Rs 248.22 crore as of September 30, 2023. - Net working capital surplus stood at Rs 20 crore as of September 30, 2023. - Long-term debt to equity ratio was 0.25 times as of September 30, 2023. 5. Industry Dynamics: - Sugar production in India for the sugar season 2022-23 is estimated to be 32.8 million tons. - Estimated diversion of sugar towards ethanol is 4.1 million tons. - Sugar stock balance is estimated to be less than 5.6 million tons at the end of sugar year 2022-23. "We are pleased with the overall performance of the company in Q2FY24. Despite challenging market conditions, we have been able to achieve growth in our core segments. We remain focused on value-added products and improving operational efficiencies to drive sustainable growth in the future." - Gautam Goel, Managing Director, Dhampur Bio Organics. Result PDF
Conference Call with Dhampur Bio Organics Ltd Management and Analysts on Q2FY24 Performance and Outlook. Listen to the full earnings transcript.
Sugar company Dhampur Bio Organics announced Q4FY23 & FY23 results: Q4FY23: Revenue of the company increased to Rs 917.48 crore in Q4FY23 as against Rs 505.86 crore during Q4FY22 PBT increased to Rs 94.13 crore in Q4FY23 as against Rs 82.80 crore during Q4FY22 PAT increased to Rs 81.95 crore in Q4FY23 as against Rs 69.35 crore during Q4FY22 FY23: EPS stood at Rs 16.87/share for FY23 as against Rs 15.67/share for FY22 The company repaid long term loans of Rs 62.08 crore during FY23 Result PDF
Sugar firm Dhampur Bio Organics announced Q3FY23 results: Q3FY23: The Revenue of the company increased to Rs 697.08 crore in Q3 FY23 as against Rs 348.00 crore during Q3FY22. PBT stood at Rs 20.18 crore in Q3FY23 as against Rs 24.61 crore during Q3FY22. PAT stood at Rs 14.97 crore in Q3FY23 as against Rs 17.93 crore during Q3FY22. EPS stood at Rs 2.25/share for Q3FY23 as against Rs 2.70/share for Q3FY22. Result PDF