MEHRAN SUGAR MILLS LIMITED MEHRAN SUGAR MILLS LIMITED CORPORATE BRIEFING SESSION
MARCH 07 , 2024
IMPORTANT DISCLAIMER
This Corporate Briefing Session presentation prepared by Mehran Sugar Mills Ltd is exclusively for the discussion purpose with the participants only. Any expression, information, statement or representation made during the discussion shall not be infer by any investor or potential investor as an advice or recommendation in relation to holding , purchasing or selling securities without proper consideration. It is suggested before acting on any information shared or and remarks made during the discussion process, one should seek appropriateness and accuracy of information.
MANAGEMENT INFOMRATION
Board of Directors
Mr.Mohammed Kasim Hasham | Chairman |
Mr.Mohammed Hussian Hasham | Executive Director |
Mr.Iftikhar Soomro | Independent Director |
Mr.Hasan Aziz Bilgrami | Independent Director |
Mr.Khurram Kasim | Non-Executive Director |
Mr.Ahmed Ebrahim Hasham | Chief Executive Officer |
Mrs.Anushey A. Hasham | Non-Executive Director |
Management Team
Mr.Ahmed Ebrahim Hasham | Chief Executive Officer |
Mr.Muhammad Hanif Aziz | Chief Financial Officer |
Mr.Syed Ehtisham-ud-din | Resident Director |
Mr.Muhammad Ubaid-ur-Rehman | Senior GM Technical |
Mr.Ali Hassan | GM Finance & Company Secretary |
FINANCIAL HIGHLIGHTS-YEAR ENDED SEP'2023
Sep 30, 2023 | Sep 30, 2022 | ||
Rs. in million | Rs. in million | ||
Sales & Profitability | |||
Turnover-net | 10,984 | 6,898 | |
Cost of Sales | 8,620 | 6,091 | |
Gross Profit | 2,364 | 807 | |
Operating Profit | 2,164 | 524 | |
Profit before Taxation | 2,281 | 394 | |
Profit for the year | 1,443 | 289 | |
- | - | ||
Financial Position | - | - | |
Fixed Assest-net | 2,464 | 2,498 | |
Other non-current assets | 1,807 | 1,331 | |
4,271 | 3,828 | ||
- | - | ||
Current Assets | 2,333 | 2,721 | |
Non-Current Assets Held for Sale | - | 46 | |
Current Liabilities | (1,456) | (2,967) | |
Working Capital | 876 | (199) | |
Capital Employed | 5,147 | 3,629 | |
Less:Non Current Liabilities | (1,268) | (879) | |
Shareholder's Equity | 3,879 | 2,750 | |
Represented By: | - | - | |
- | - | ||
Issued, subscribed and paid-up capital | 749 | 605 | |
Reserves | 3,130 | 2,144 | |
3,879 | 2,750 |
FINANCIAL HIGHLIGHTS-QUARTER ENDED DEC 31,2023
Dec 31, 2023 | Dec 31, 2022 | |||
Rs. in million | Rs. in million | |||
Sales & Profitability | ||||
Turnover-net | 1,705 | 2,039 | ||
Cost of Sales | 1,411 | 1,937 | ||
Gross Profit | 294 | 102 | ||
Operating Profit | 579 | 33 | ||
Profit before Taxation | 506 | 317 | ||
Profit for the quarter (Q1) | 474 | 289 | ||
- | - | |||
Financial Position | - | - | ||
Fixed Assest-net | 2,507 | 2,570 | ||
Other non-current assets | 1,818 | 1,681 | ||
A | 4,325 | 4,251 | ||
- | - | |||
Current Assets | 7,914 | 3,621 | ||
Non-Current Assets Held for Sale | - | 46 | ||
Current Liabilities | (6,629) | (4,002) | ||
Working Capital | B | 1,285 | (334) | |
Capital Employed | (A+B) | 5,610 | 3,917 | |
Less:Non Current Liabilities | (1,256) | (865) | ||
Shareholder's Equity | 4,354 | 3,052 | ||
Represented By: | - | - | ||
- | - | |||
Issued, subscribed and paid-up capital | 749 | 605 | ||
Reserves | 3,604 | 2,447 | ||
4,354 | 3,052 | |||
Revenue year wise highlights
Gross Revenue
(Rs. in million)
14,000
12,000
10,000
8,000
6,000
4,000
2,000
-
2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
LAST TEN YEARS PROFITABILITY VS TOTAL PAYOUTS
"Rs. in million"
Financial | Profit | Share of | Profit for the | Cash | Stock | Total | Payout as % of |
(Sugar | profit from | Profits (Sugar | |||||
Year | year | Dividend | Dividend | Payouts | |||
Division) | associates | Division) | |||||
2014 | 216.12 | 52.98 | 269.11 | 112.400 | 29.12 | 141.52 | 65.5% |
2015 | 336.06 | 93.97 | 430.03 | 160.16 | - | 160.16 | 47.7% |
2016 | 425.54 | 116.26 | 541.81 | 224.22 | - | 224.22 | 52.7% |
2017 | 31.56 | 100.11 | 131.68 | 88.09 | - | 88.09 | 279.1% |
2018 | 72.88 | 340.02 | 412.90 | 96.10 | 48.05 | 144.14 | 197.8% |
2019 | 78.94 | 324.89 | 403.83 | 127.09 | 97.62 | 224.70 | 284.6% |
2020 | (29.89) | 76.92 | 47.03 | 58.25 | 23.30 | 81.55 | -272.8% |
2021 | (85.41) | 61.60 | (23.82) | 73.40 | 48.93 | 122.32 | -143.2% |
2022 | (150.77) | 440.14 | 289.37 | 40.37 | 142.96 | 183.32 | -121.6% |
2023 | 531.15 | 911.79 | 1442.95 | 551.74 | 75.69 | 627.42 | 118.1% |
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Mehran Sugar Mills Ltd. published this content on 06 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 March 2024 06:44:07 UTC.
