Dwarikesh Sugar Industries Limited
2,938words
1turns
0analyst exchanges
0executives
Key numbers — 39 extracted
, MW
1.54 lakh
96 MW
56 MW
9 MW
INR 540 million
INR 594
6 MW
INR 325 million
23x
17 MW
8 MW
Guidance — 1 items
Diamond Pass
opening
“We plan to further improve on our performance metrics while continuing with our best practices.”
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Risks & concerns — 3 flagged
Management Comments • The decline in profit over corresponding quarter last year is attributable to lower volumes of sugar sold, lower recovery translating into higher cost of production and also attributable to muted sugar prices throughout the quarter.
— Diamond Pass
• Similarly decline in profit during the year is attributable to higher cost of good sold on account of higher raw material cost & lower recovery without commensurate increase in their selling price.
— Diamond Pass
• To address the challenge of lower recovery, efforts have been intensified for recalibration of the sugarcane varietal balance in command area of all our sugar mills, the benefits of which will accrue in the times to come.
— Diamond Pass
Speaking time
1
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Opening remarks
Diamond Pass
Diamond Pass Registration (choruscall.in) 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, MW stands for Megawatts, LPD stands for litres per day; KLPD stands for kilo li
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