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DHAMPUR SUGAR MILLS LIMITED
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UNAUDITED FINANCIAL RESULTS FOR THE THIRD QUARTER ENDED 30.06.2009
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Rs. in Lacs
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Sl.
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Particulars
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Quarter ended
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Nine months
ended
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Year
ended
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No.
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Jun.,09
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Jun.,08
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Jun.,09
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Jun.,08
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Sep.,08
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Un
audited
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Un-
audited
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Un-
audited
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Un-
audited
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Audited
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1.
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(a)
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Sales /
Income from Operations
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28255.88
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12930.60
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68054.46
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47397.81
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72190.52
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(b)
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Less :
Excise Duty & Other Taxes
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1112.71
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1305.44
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3196.30
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3833.20
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5402.83
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(c)
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Net Sales / Income from Operations {1(a)-1(b)}
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27143.17
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11625.16
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64858.16
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43564.61
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66787.69
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(d)
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Other
Operating Income
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395.28
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456.59
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660.57
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1109.10
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2670.38
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Total
Revenue {1(c)+1(d)}
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27538.45
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12081.75
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65518.73
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44673.71
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69458.07
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2.
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Total
Expenditure
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(a)
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(Increase)
/Decrease in Stocks
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16451.98
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6440.86
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(8359.11)
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(24106.68)
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(9026.54)
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(b)
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Consumption
of Raw Materials
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3844.72
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1777.61
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46732.89
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45965.67
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47739.57
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(c)
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Purchases
of Goods
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61.38
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80.56
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477.86
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1587.96
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2107.52
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(d)
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Employees
Cost
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901.96
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978.31
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3485.72
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3354.72
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4344.41
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(e)
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Depreciation
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1117.15
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1582.25
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5200.52
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4079.75
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5337.49
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(f)
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Other
Expenditure
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1611.26
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1200.79
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7188.91
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8237.26
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10244.49
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(g)
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Total
{2(a) to 2(f)}
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23988.46
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12060.38
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54726.79
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39118.68
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60746.94
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3.
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Net
Profit (+) / Loss (-) before Other Income, Interest,
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Extra
Ordinary Items and Taxes (1-2)
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3549.99
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21.37
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10791.94
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5555.03
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8711.13
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4.
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Other
Income
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17.66
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84.94
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87.01
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187.15
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208.37
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5.
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Net Profit
(+) / Loss (-) before Interest, Extra
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Ordinary
Items and Taxes (3+4)
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3567.65
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106.31
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10878.95
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5742.18
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8919.50
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6.
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Interest
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2297.42
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2186.94
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6330.44
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5548.50
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7731.02
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7.
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Net Profit(+) / Loss (-) after Interest but
before
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Extra
Ordinary Items and Taxes (5-6)
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1270.23
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(2080.63)
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4548.51
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193.68
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1188.48
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8.
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Extra
Ordinary Income (+)/ Expenses (-) (Net)
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Foreign
Exchange Fluctuations (Net)
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0.00
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(534.46)
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0.00
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(534.46)
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(1804.28)
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9.
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Profit(+)
/ Loss (-) before Tax (7-8)
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1270.23
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(2615.09)
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4548.51
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(340.78)
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(615.80)
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10.
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Provision
for Taxation
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Current
& Fringe Benefit Tax Net of MAT Credit
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6.00
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28.54
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40.00
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58.04
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152.44
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Deferred
Tax
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150.00
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(290.00)
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275.00
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0.00
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(1128.73)
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11.
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Net
Profit (+) / Loss (-) (9-10)
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1114.23
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(2353.63)
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4233.51
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(398.82)
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360.49
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12.
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Paid-up
Equity Share Capital
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5270.60
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5270.60
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5270.6
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5270.6
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5270.6
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(Face
Value per Share Rs.10/-Each )
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13.
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Reserves
excluding Revaluation
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Reserves
(After adjusting Deferred Tax Asset)
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N.A
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N.A
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N.A
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N.A
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38485.41
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14.
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EPS before
Extra Ordinary Items:
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Basic
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2.10
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N.A
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7.98
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N.A
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4.17
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Diluted
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2.05
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N.A
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7.81
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N.A
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4.15
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15.
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EPS after
Extra Ordinary Items:
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Basic
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2.10
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N.A
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7.98
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N.A
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0.64
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Diluted
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2.05
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N.A
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7.81
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N.A
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0.63
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16
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Public
Shareholding*
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- No. of
Shares
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30203520
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27954896
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30203520
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27954896
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29332795
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-
Percentage of Shareholding
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57.31%
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53.04%
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57.31%
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53.04%
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55.65%
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17
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Promoter
and Promoter Group Shareholding:
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(a)
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Pledged /
Encumbered**
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- No. of
Shares
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8739431
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8739431
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8739431
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8739431
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8739431
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Percentage of Shares(as a % of the Total Shareholding of
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the
Promoter and Promoter Group)
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38.90%
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38.93%
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38.90%
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38.93%
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38.93%
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-
Percentage of Shares(as a % of the Total Share Capital of the Company)
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16.58%
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16.58%
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16.58%
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16.58%
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16.58%
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(b)
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Non-encumbered
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- No. of
Shares
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13727924
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13706883
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13727924
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13706883
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13706883
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Percentage of Shares(as a % of the Total Shareholding of
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the
Promoter and Promoter Group)
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61.10%
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61.07%
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61.10%
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61.07%
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61.07%
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-
Percentage of Shares(as a % of the Total Share Capital of the Company)
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26.05%
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26.01%
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26.05%
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26.01%
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26.01%
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*Total public shareholding as defined under clause 40A of
the Listing Agreement (excluding shares held by Global Depository Receipt
holders.
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**
Equity Shares have been pledged by the promoters with banks and financial
institutions as collateral security for loans taken by the company.
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NOTES:
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1
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The
financial results were reviewed by the Audit Committee and approved by the Board
in their meeting held on 15.07.2009.
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2
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The
Auditors of the Company have carried out the Limited Review of the above
financial results.
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3
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The
Cane Price has been accounted for at
State Advised Cane Price (SAP) of Rs. 140/-
per quintal for the season 2008-09.The Cane Price for the sugar season
2007-08 has been accounted for at Rs. 110/- per
quintal based on the Interim Order of the Hon'ble Supreme
Court. Necessary adjustment of the cane price for the season 2007-08 will be
made in accordance with the final decision in the matter.
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4
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Sugar
being a seasonal industry, the performance for the quarter may not be
representative of the annual performance of the Company.
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5
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The
Consolidated financial results information , which includes the results of
its subsidiary M/s Dhampur Sugar Distillery Pvt Ltd. (DSML- holding 51% ) for the nine months ended
30th June, 2009 are as follows:- Turnover Rs.
67649.61 lacs, Net profit after tax- Rs. 4209.82 lacs and EPS(
Basic/ Diluted ) Rs. 7.94 / Rs.
7.76.
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6
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There were no outstanding
complaints from the share holders at the end of the quarter and all the 15
complaints received during the quarter have been dealt with satisfactorily.
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7
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Figures
for the previous corresponding periods have been regrouped, wherever
considered necessary.
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QUARTERLY REPORTING OF SEGMENT WISE
REVENUE,RESULTS AND CAPITAL EMPLOYED UNDER CLAUSE 41 OF LISTING AGREEMENT
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Sl.
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Particulars
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Quarter ended
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Nine months ended
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Year
ended
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No.
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Jun.,09
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Jun.,08
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Jun.,09
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Jun.,08
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Sep.,08
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(Un-audited)
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(Un-audited)
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(Un-audited)
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(Un-audited)
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(Audited)
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1
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Segment
Revenue (Net of Excise & Other Taxes)
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a) Sugar -
Manufacturing Activity
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26867.32
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10447.52
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65786.21
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36554.75
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57226.69
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- Raw /
Trading / Export Activity
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0.00
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0.00
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0.00
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1057.05
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1482.88
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b)
Co-generation
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1485.15
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1676.49
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15370.48
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11176.62
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12873.83
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c)
Chemicals / Ethanol
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1046.09
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3269.22
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2589.90
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9334.45
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11390.84
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d) Others
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72.77
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117.65
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553.72
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644.03
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690.40
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Total
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29471.33
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15510.88
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84300.31
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58766.90
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83664.64
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Less :
Inter Segment Revenue (Net of Excise)
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2328.16
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3885.72
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19442.15
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15202.29
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16876.95
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Net Sales
/ Income from Operation
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27143.17
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11625.16
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64858.16
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43564.61
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66787.69
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2
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Segment
Results (Net Profit(+)/Loss(-) before Tax & Interest from each Segment)
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a) Sugar -
Manufacturing Activity
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3377.69
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(12.00)
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6534.27
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519.03
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3486.13
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- Raw /
Trading / Export Activity
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0.00
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0.00
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0.00
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26.08
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3.65
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b)
Co-generation
|
79.31
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(99.79)
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4372.66
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3662.48
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4118.76
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c)
Chemicals / Ethanol
|
174.58
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270.51
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427.55
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2213.80
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1887.42
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d) Others
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1.57
|
78.58
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35.84
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125.17
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154.84
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Total
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3633.15
|
237.30
|
11370.32
|
6546.56
|
9650.80
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Less
:Interest
|
2297.42
|
2186.94
|
6330.44
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5548.50
|
7731.02
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Less :
Other Unallocable Expenses and Extra Ordinary Items
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Net
of Unallocable
Income
|
(65.50)
|
(665.45)
|
(491.37)
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(1338.84)
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(2535.58)
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Net Profit
(+) / Loss(-) before Tax
|
1270.23
|
(2615.09)
|
4548.51
|
(340.78)
|
(615.80)
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3
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Capital
Employed (Segment Assets - Segment Liabilities)
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a) Sugar
|
88166.35
|
89623.93
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88166.35
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89623.93
|
75372.95
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|
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b) Co-geneartion
|
44632.06
|
45324.53
|
44632.06
|
45324.53
|
45494.76
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|
|
|
|
|
|
|
|
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|
c)
Chemicals / Ethanol
|
12095.38
|
10817
|
12095.38
|
10817
|
9720.53
|
|
|
|
|
|
|
|
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|
d) Others
|
69.07
|
41.69
|
69.07
|
41.69
|
70.58
|
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|
|
|
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|
Total
|
144962.86
|
145807.15
|
144962.86
|
145807.15
|
130658.82
|
