Dwarikesh Sugar Industries Limited
3,183words
1turns
0analyst exchanges
0executives
Key numbers — 40 extracted
, MW
1.51 lakh
96 MW
56 MW
9 MW
INR 540 million
INR 594
6 MW
INR 325 million
23x
17 MW
8 MW
Guidance — 2 items
Diamond Pass
opening
“We plan to further improve on our performance metrics while continuing with our best practices.”
Diamond Pass
opening
“During off- season, B heavy molasses will be used as feedstock for producing ethanol at both the distilleries.”
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Risks & concerns — 1 flagged
Management Comments • The decline in profit over corresponding quarter last year is attributable to lower brought forward sugar stock resulting in lower volumes of sugar sold and also on account of sugar prices not rising in consonance with the higher cost of production (caused by higher cane price & lower recovery) • During Q3 FY21-22, 11.67 lakh quintals and during nine months FY21-22, 33.38 lakh quintals of low-cost sugar was sold.
— Diamond Pass
Speaking time
1
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Opening remarks
Diamond Pass
https://services.choruscall.in/DiamondPassRegistration/register?confirmationNumber=7077523 &linkSecurityString=2321e94258 Earnings Call Business Overview A Brief Run Through At a Glance • Three plants located in Uttar Pradesh, one of India’s largest sugar producing states o Two plants located in Bijnor district– a district with focused concentration on cane production on highly fertile & well-irrigated land o One plant in Bareilly district – the low-lying Ganges plains district with fertile alluvial soil • Access to large, clearly defined cane-producing areas in the region • All the three plants are well connected with major sugar consuming markets of the country, the Bareilly plant being located on the National Highway itself • The 175 KLPD distillery project embarked upon at Dwarikesh Dham commenced commercial production on 7th July, 2022 Capacity Dwarikesh Nagar Dwarikesh Puram Dwarikesh Dham Aggregate Sugar (TCD) 6,500 7,500 7,500 21,500 Note: TCD stands for tonnes of cane per day,
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