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E.I.D.- Parry (India) Limited Investor Presentation June 2011

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E.I.D.- Parry (India) Limited Investor Presentation June 2011 Stronger… Greener… Bigger… E.I.D.- Parry (India) Limited Investor Presentation June 2011 Making Sugar since 1842 0 Disclaimer This presentation contains forward-looking statements which may be identified by their use of words like “plans,” “expects,” “will,” “anticipates,” “believes,” “intends,” “projects,” “estimates” or other words of similar meaning. All statements that address expectations or projections about the future, including, but not limited to, statements about the strategy for growth, product development, market position, expenditures, and financial results, are forward-looking statements. Forward-looking statements are based on certain assumptions and expectations of future events. The companies referred to in this presentation cannot guarantee that these assumptions and expectations are accurate or will be realized. The actual results, performance or achievements, could thus differ materially from those projected in any such forward-looking statements. These companies assume no responsibility to publicly amend, modify or revise any forward looking statements, on the basis of any subsequent developments, information or events, or otherwise. Making Sugar since 1842 1 Agenda Company Overview Sugar Business ► World and Indian Sugar Balance ► Closer look @ Sugar in South India ► EID – Sugar Business Bio Products Business ► Nutraceuticals ► Bio Pesticides Consolidated Financials Making Sugar since 1842 2 Agenda Company Overview Sugar Business ► World and Indian Sugar Balance ► Closer look @ Sugar in South India ► EID – Sugar Business Bio Products Business ► Nutraceuticals ► Bio Pesticides Consolidated Financials Making Sugar since 1842 3 E.I.D- PARRY (INDIA) LTD - OVERVIEW Serving for more than 200 years…. Flagship company of Murugappa Group since 1981. Pioneers in: ► Sugar from 1842 ► Distillery from 1848 ► Sanitaryware from 1906 ► Fertilisers from 1906 ► Sugar Based confectionery from 1914 ► Biogas and Bio earth 1987 ► Bio-pesticides from 1995 No.1 Sugar Producer in South India ► Co-generation- Exportable Power including Refinery from 1997 ► Algal Nutraceuticals from 1997 Second Largest Phosphatic Fertiliser ► Branded Retail sugar from 2004 producer in India “ Ranked 51 amongst the Top 200 Companies in India” - Economic Times 2009 survey Enrich life by creating value from agriculture Making Sugar since 1842 4 OVERVIEW BUSINESS UNDER EID‟s FOLD Sugar Bio – Products Farm Inputs Phosphatic Sugar Cogeneration Distillery Refinery Bio – Pesticides Fertilisers & Nutraceuticals Tamil Nadu 32.6 LMT TCD - 19000 84.5 MW 135 KLPD & Puducherry Specialty Nutrients Andhra 2000 TPD & Compost TCD - 5000 16 MW 45 KLPD Pradesh 35 MW Pesticides Karnataka TCD - 8500 45.5 MW 50 KLPD 2000 TPD TCD - 32500 146 MW 230 KLPD Retail 35 MW TCD – Tons crushed per day MW - Mega Watt KLPD - Kilo Litres per day TPD - Tons per day LMT - Lac Metric Ton Making Sugar since 1842 5 GROWING FACTS Capacity - Sugar Power Distillery Production (in LMT) -Phosphatic Fertilisers 32.00 31.48 250 40000 230 230 35000 31.00 32500 35000 200 30.00 30000 29.00 146 146 25000 150 21500 135 28.00 20000 101 27.00 100 26.26 26.40 15000 26.00 10000 50 25.00 5000 24.00 0 0 23.00 2009-10 2010-11 2011-12 Est 2009-10 2010-11 2011-12 Est MW KLPD TCD Production Capacity – 32.6 LMT Making Sugar since 1842 6 FINANCIAL FACTS Consolidated Gross Income Consolidated EBIT Rs Crores Rs Crores 12000 1800 909 1600 10000 24 1400 8 8000 1200 909 24 1000 8 6000 10424 9459 800 4000 7748 600 118 969 1001 4677 400 881 118 2000 2802 200 391 225 0 0 06-07 07-08 08-09 09-10 10-11 06-07 07-08 08-09 09-10 10-11 Gross Income Profit on Sale of Invest EBIT(operating) Profit on Sale of invest. EBIT includes Minority Interest CAGR – Operating CAGR Making Sugar since 1842 7 Segmental Revenue and EBIT Rs Crores SUGAR Nutraceuticals 1800 200 100 4 1600 168 90 1 2 150 1 0 2 1400 1615 80 86 70 1200 100 0 60 1000 31 47 1148 50 50 -2 800 40 600 0 -4 760 30 400 642 39 556 20 -50 -6 200 -60 -41 10 11 17 29 0 -100 0 -8 -7 06-07 07-08 08-09 09-10 10-11 06-07 07-08 08-09 09-10 10-11 Bio- Pesticides Farm Inputs 70 14 13 12000 1200 60 12 991 10000 1000 50 10 871 8000 710 800 40 7 65 8 7528 6000 9614 600 6 6 30 6 394 6429 4000 400 3 3835 20 36 4 174 36 2000 200 31 2118 10 2 26 0 0 0 0 06-07 07-08 08-09 09-10 10-11 06-07 07-08 08-09 09-10 10-11 Note: Revenue & EBIT of 2008-09 includes Rs. 159 Crs Business Assistance Agreement Making Sugar since 1842 8 Agenda Company Overview Sugar Business ► World and Indian Sugar Balance ► Closer look @ Sugar in South India ► EID – Sugar Business Bio Products Business ► Nutraceuticals ► Bio Pesticides Consolidated Financials Making Sugar since 1842 9 SUGAR – DEMAND & SUPPLY World Sugar (mln t) India‟s Sugar Balance (mln t) Changes SS SS SS 2009/ 2010/ Particulars 2008-09 2009-10 2010-11 Particulars 10 11 in mln t in % Opening stock 8.6 2.5 3.5 Production 158.0 167.0 9.0 5.7 Production 14.5 18.9 24.2 Consumption 162.6 166.2 3.6 2.2 Surplus / Deficit -4.6 0.8 Imports 2.5 4.2 0.0 Import demand 53.8 50.4 -3.4 -6.2 Consumption 23.0 22.0 22.8 Export Availability 54.2 51.3 -2.9 -5.4 Exports 0.2 0.2 2.0 End Stocks 56.2 56.2 0.0 -0.1 Closing stock 2.5 3.5 2.9 Stocks/ Consumption Stock to Consumption 34.6 33.8 10.9 15.9 12.7 ratio in % Ratio % Source: ISO Quarterly Market Outlook, May 2011 Source: Crisil , May 2011 Making Sugar since 1842 10 Agenda Company Overview Sugar Business ► World and Indian Sugar Balance ► Closer look @ Sugar in South India ► EID – Sugar Business Bio Products Business ► Nutraceuticals ► Bio Pesticides Consolidated Financials Making Sugar since 1842 11 South India is good…. Competitiveness in the Sugar Industry is driven 12.00 by 11.00 Total Sugar Recovered 10.00 (MT/Ha) ► Mutual Inter-dependence between the Farmer 9.00 8.00 & the Miller 7.00 Combined Productivity (Farm Yields and 6.00 5.00 Factory Recoveries) is the key 4.00 3.00 Thus, Total Recovered Sugar as MT per Ha (ie Cane Yield in MT per Hectare times UP Gujarat Recovery as Ton of Sugar per Ton of Cane) India All Karnataka must be maximised Tamilnadu Maharashtra Andra Pradesh Andra ► Port Facilities Freight cost for importing / exporting is Source: ISMA (5 Yrs average) Lower for South Indian Mills comparing to North Indian Mills. ► Tamil Nadu Long crushing season being a plus 100% Drawal for Tamil Nadu Mills No Poaching ► No Prior Period Liabilities for EID Making Sugar since 1842 12 South India is good…. Operating days & Off Season Yield and Recovery 120.0 14.00 No. of . Off Season State Operating Days Operation 12.00 100.0 10.66 11.59 9.26 9.81 9.36 10.00 Tamil Nadu 210 80.0 8.00 60.0 Karnataka 160 104.8 85.8 78.7 77.8 56.5 6.00 40.0 4.00 Maharashtra 150 20.0 2.00 0.0 0.00 Uttar Pradhesh 120 * Off Season Operation for running Power, Raw Sugar Processing Yield (tonnes per hectare) Recovery Source: ISMA (5 yrs Avg. No. of. Operating Days) Source: ISMA (5 Yrs Avg. of Yield and Recovery) Making Sugar since 1842 13 Long Duration Vs. High Recovery Mill areas TCD - 3500 No. of working days - 210 Long Recovery - 9.5% Only Colombia Duration Investments - Rs.210 Crs. Return on Investment - 17% TCD - 4500 No. of working days - 163 Short Recovery - 10.5% No Interest Duration Investments - Rs.309 Crs. Return on Investment - 15% Low Recovery High Recovery Key Assumptions Cane Crushing = 7.35 Lakh MTs Cane Crushing = 7.35 Lakh MTs Sugar Price = Rs.26000 Sugar Price = Rs.26000 Cane Price = Rs.2000/MT Cane Price = Rs.2200/MT Making Sugar since 1842 14 Recent Acquisitions - Karnataka / AP Location Advantage Recent Acquisitions High Recovery Zone of NW Karnataka I) Sadashiva – Bagalkot (Karnataka) Bagalkot, Haliyal & Ramdurg Date of Acquisition : 7-10-2009 Closer to major Indian sugar markets Capacity - 2500 TCD , 15.5 MW Less controls on Molasses and Alcohol than 76% Shareholding, Investment Rs. 49.6 Crs TN Debt - Rs. 127 Crs Proximity to Silkroad minimise the freight cost II) Parrys Sugar Industries Ltd (PSIL*) – (Haliyal, Ramdurg, Sankili) (Karnataka Larger power shortage than TN for Cogen & Andhra) Date of Acquisition : 27-08-2010 Capacity - 11000 TCD ,46 MW , 95 KLPD 65% Shareholding, Investment Rs. 98.8 Crs Debt – Rs. 350 Crs * Previously known as GMR Industries Ltd Making Sugar since 1842 15 Sadashiva / Parrys Sugar Industries Ltd Experienced Management Strong track record of turning around poorly performing sugar mills Additional benefits from use of Coromandel International’s expertise Extending EID practices in Sadashiva / Parrys Sugar - Farmer relations , Agricultural depots - Building Trust with Farmers, Govt, Bankers etc. - Tie up with Harvesting & Transport Gangs Cane development initiatives across Command area Working with Bank/Farm equipment suppliers for introducing Best practices including Drip irrigation , Borewells for increase in Acreage & Yield - Significant cane planting ensuring cane availability for next season Debottlenecking at all factories to achieve 100% capacity utilisation Restructure debt – Substitution of high cost debt with low cost debt Making Sugar since 1842 16 Agenda Company Overview Sugar Business ► World and Indian Sugar Balance ► Closer look @ Sugar in South India ► EID – Sugar Business Bio Products Business ► Nutraceuticals ► Bio Pesticides Consolidated Financials Making Sugar since 1842 17 SOUTH INDIA PRESENCE Bagalkot TCD – 2500 Adllabad Cogen – 15.5 MW Vizianagaram Nizamabad Karimnagar Bidar Srikakulam Medak Warangal Sangareddi Khammam Vishakhapatnam Gulbarga Haliyal Rangareddi East Godavari Bijapur Nalgonda West TCD – 3500
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    1 29 2 37 3 43 Standalone Financials 14 79 ANNUAL REPORT 2009 - 10 E.I.D.-Parry (India) Limited Financial Highlights - ten years at a glance Rs. Lakhs 2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 PROFITABILITY ITEMS Gross Income 136658 152713 137636 64145 81913 103044 73869 72932 170599 133526 Gross Profit (PBDIT) 15646 15513 11487 9119 15893 17766 20109 1898 96539 35536 Depreciation 4187 4369 4502 3037 2817 2915 3287 4403 5017 6933 Profit/(Loss) Before Interest & Tax 11459 11144 6985 6082 13076 14851 16822 (2505) 91522 28603 Interest 6585 5278 3282 753 350 739 (211) 1345 2682 3857 Profit/(Loss) Before Tax 4874 5866 3703 5329 12726 14112 17033 (3850) 88840 24746 Tax 410 2383 1020 1006 2300 2528 4291 (2192) 19644 4218 Profit/(Loss) After Tax 4464 3483 2683 4323 10426 11584 12742 (1658) 69196 20528 BALANCE SHEET ITEMS Net Fixed Assets 52098 50621 47978 29428 31460 33322 48256 61999 85942 84650 Investments 7695 7689 7663 11011 10126 11167 11736 18344 48561 68282 Net Current Assets 31751 25863 24803 19420 22680 33131 35616 33537 26584 27561 Total Capital Employed 91544 84173 80444 59859 64266 77620 95608 113880 161087 180493 Shareholders Funds 40808 37384 38573 32877 40850 47939 53005 50607 96346 109066 Borrowings 50736 39107 33469 22160 18340 24880 35236 58161 53853 57552 Deferred Tax Liability 7682 8402 4822 5076 4801 7367 5112 10888 13875 Total 91544 84173 80444 59859 64266 77620 95608 113880 161087 180493 RATIOS Book Value per share (Rs.) 228 209 216 184 234 54 60 57 113 127 EPS (Rs.) 24.72 19.48 15.03 24.22 58.41 12.98 14.28 (1.86) 77.80 23.81 Dividend on Equity % 70 70 60 75 125 225 295 25 1000 500 Notes : - 1.
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  • Transfer of Shares to IEPF on May 2019
    Note: This sheet is applicable for uploading the particulars related to the shares transferred to Investor Education and Protection Fund. Make sure that the details are in accordance with the information already provided in e-form IEPF-4. CIN L24211TN1975PLC006989 Prefill Company Name E.I.D PARRY (INDIA) LIMITED Nominal value of shares 145203.00 Validate Clear Actual Date of Investor First Investor Middle Investor Last Father/Husband Father/Husband Father/Husband Last DP Id-Client Id- Nominal value of Address Country State District Pin Code Folio Number Number of shares transfer to IEPF (DD- Name Name Name First Name Middle Name Name Account Number shares MON-YYYY) RAJAMANICKAM SIVAKUMAR XXXXXXX RAJAMANICKAM 75 KUMARAN STREET SALEM SALEMINDIA TAMILNADU Tamil Nadu Salem 636003 C12029900-12029900-02932228 40 40.00 27-MAY-2019 NANDA VENKATESH XXXXXXX MALLAIAH NANDA 2-7-115/3 KURMAWADA WARD 2 JANGAONINDIA WARANGAL TELANGANATELANGANA WARANGAL 506167 C12035200-12035200-00054789 30 30.00 27-MAY-2019 RADHARUKMANI XXXXXXX RADHAKRISHNAN 4A1 MURUGAN NAGAR KAVUNDAMINDIA PALAYAM KOVAI NORTH(TK)TAMIL NADU COIMBATORE 641044 IN300239-IN300239-12373596 2 2.00 24-MAY-2019 DEEPENDRA KUMAR SINHA UMESH KUMAR SINHA S/O UMESH KUMAR SINHA SOTI LANE,BLOCKINDIA NO 11 DARBHANGABIHAR BIHAR DARBHANGA 846008 IN300327-IN300327-10354198 10 10.00 24-MAY-2019 C JYOTHI KUMAR C BOJI RAJU S R KANDRIGA (VILL/PO) VIA-NAGALAPURAMINDIA CHITTOOR DISTANDHRA ANDHRA PRADESH PRADESH PUTTUR CTR 517589 IN300394-IN300394-11758897 10 10.00 24-MAY-2019 N SUSIPRIYA XXXXXXX SHANMUGAVEL 255D/9 GANDHI MARKET ODDANCHATRAMINDIA PO DINDIGUL TAMIL NADU PALANI 624619 IN301774-IN301774-15031329 1 1.00 24-MAY-2019 A MEYYAMMAI XXXXXXX NULL V CT HOUSE KOTTAIYUR RAMNAD DISTINDIA TAMIL NADU SIVAGANGA RAMPURAM 623106 PA000097 2000 2000.00 29-MAY-2019 A PANDURANGAIYYAXXXXXXX NULL MAIN ROAD SIRUGUPPA BELLARY DISTINDIA KARNATAKA BELLARY 583121 PA000125 1000 1000.00 29-MAY-2019 A PARTHASARATHY XXXXXXX NULL SUNKUWAR CHATRAM POST-602 106INDIA CHNGLEPET DIST.
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