Dwarikesh Sugar Industries Limited

3.3 million

& P Global, the sugar season of 2023-24 is anticipated to conclude with a surplus of approximately 3.3 million tons. This positive outlook, however, comes with some cautionary notes, especially concerning the s

40 million

South America. As per initial estimates Brazil is expected to clock record production of more than 40 million tons. However, logistical problems in Brazil could restrict trade flows from Brazil thus supporting

6 million

sugar production shortfall. India’s Sugar Season 2022-23 concluded with a closing stock of around 6 million tons.. The closing stock stands at approximately 6 million tons, which equates to a consumption buf

6.4 million

represents a crucial safety net, ensuring a steady supply of sugar for domestic consumption. Around 6.4 million tons of sugar is exported highlighting India's growing prowess as a key player in the international

27.5 million

India's growing prowess as a key player in the international sugar trade. Domestic consumption was 27.5 million tons. As per the initial estimates provided by ISMA, the projected figure of sugar production for S

31.7 million

itial estimates provided by ISMA, the projected figure of sugar production for SS 2023-24 stands at 31.7 million tons, which is a modest decrease from the 32.8 million tons produced in the previous season. The sa

32.8 million

of sugar production for SS 2023-24 stands at 31.7 million tons, which is a modest decrease from the 32.8 million tons produced in the previous season. The same is attributable to late arrival of the monsoon and s

12%

tinued.. Navigating multiple hurdles and challenges during ESY 2022-23 blending target of close to 12% has been achieved. As we look ahead to the Ethanol Supply Year (ESY) 2023-24, there are expectatio

15%

upply Year (ESY) 2023-24, there are expectations of a higher blending target, potentially reaching 15%. However, the ultimate goal of achieving a 20% blending rate by 2024-25 does appear to be a formid

20%

ns of a higher blending target, potentially reaching 15%. However, the ultimate goal of achieving a 20% blending rate by 2024-25 does appear to be a formidable challenge. It requires a significant scali

8250 million

fixing alluring price for the same. Recently OMCs have invited bids for the supply of a staggering 8250 million litres of ethanol for the upcoming ESY 2023-24. With an effort to mitigate the upward pressure on

10.9 million

xpectation. It is expected that during SS 2023-24 sugar industry in UP is likely to produce around 10.9 million tons of sugar which is after considering probable diversion of sugar in favor of ethanol. The Sta

“Navigating multiple hurdles and challenges during ESY 2022-23 blending target of close to 12% has been achieved.”

“As we look ahead to the Ethanol Supply Year (ESY) 2023-24, there are expectations of a higher blending target, potentially reaching 15%.”

“There will be a greater sugar sacrifice in favor of ethanol production if the Government incentivizes use of sugarcane juice for making ethanol by fixing alluring price for the same.”

“It is expected that any increase in SAP will be reasonable.”

“However these are early days and favourable weather, going forward, could slter the scenario.”

Diamond Pass

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Diamond Pass

Diamond Pass Registration (choruscall.in) Earnings Call Investor Presentation Table of contents Sector outlook Business overview Financial performance Operational trends Pictures of our facilities 05 07 12 17 22 SECTOR OUTLOOK According to the latest report from S & P Global, the sugar season of 2023-24 is anticipated to conclude with a surplus of approximately 3.3 million tons. This positive outlook, however, comes with some cautionary notes, especially concerning the sugar crops in Asia, particularly in countries like India and Thailand. The threat of El-Nino looms large. Some experts have projected that the SS 2023-24 may conclude with a deficit. The balance of supply and demand in the global sugar market remains susceptible to climatic variations and the performance of major sugar-producing regions in Asia and South America. As per initial estimates Brazil is expected to clock record production of more than 40 million tons. However, logistical problems in Brazil could restrict trad