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The revenue for the June 2019 quarter is pegged at Rs. 16539.60 millions, about 13.58% up against Rs. 14562.40 millions recorded during the year-ago period.The Net Loss for the quarter ended June 2019 is Rs. -184.80 millions as compared to Net Loss of Rs. -1675.10 millions of corresponding quarter ended June 2018 Operating profit Margin for the quarter ended June 2019 improved to 1144.80% as compared to -320.10% of corresponding quarter ended June 2018 (Rs. in Million) Quarter ended Year to Date Year ended 201906 201806 % Var 201906 201806 % Var 201903 201803 % Var Sales 16539.60 14562.40 13.58 16539.60 14562.40 13.58 68038.20 59383.80 14.57 Other Income 46.50 427.30 -89.12 46.50 427.30 -89.12 1636.10 1669.30 -1.99 PBIDT 1144.80 -320.10 -457.64 1144.80 -320.10 -457.64 4667.70 4497.80 3.78 Interest 792.70 866.70 -8.54 792.70 866.70 -8.54 3217.80 6801.70 -52.69 PBDT 352.10 -1186.80 -129.67 352.10 -1186.80 -129.67 1449.90 -2303.90 -162.93 Depreciation 536.90 488.10 10.00 536.90 488.10 10.00 2113.30 1969.10 7.32 PBT -184.80 -1674.90 -88.97 -184.80 -1674.90 -88.97 -663.40 -4273.00 -84.47 TAX 0.00 0.20 0.00 0.00 0.20 0.00 -22.60 -41.10 -45.01 Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT -184.80 -1675.10 -88.97 -184.80 -1675.10 -88.97 -640.80 -4231.90 -84.86 Equity 1133.60 1133.60 0.00 1133.60 1133.60 0.00 1133.60 1133.60 0.00 PBIDTM(%) 6.92 -2.20 -414.89 6.92 -2.20 -414.89 6.86 7.57 -9.42
The sales figure stood at Rs. 16703.40 millions for the December 2018 quarter. The mentioned figure indicates a growth of about 49.31% as compared to Rs. 11187.00 millions during the year-ago period.The Net Loss for the quarter ended December 2018 is Rs. -1678.60 millions as compared to Net Loss of Rs. -1487.70 millions of corresponding quarter ended December 2017Operating profit Margin for the quarter ended December 2018 slipped to -363.50% as compared to 1024.60% of corresponding quarter ended December 2017 (Rs. in Million) Quarter ended Year to Date Year ended 201812 201712 % Var 201812 201712 % Var 201803 201703 % Var Sales 16703.40 11187.00 49.31 46769.60 43721.80 6.97 59383.80 46186.40 28.57 Other Income 390.80 383.70 1.85 1264.20 1267.90 -0.29 1669.30 1622.70 2.87 PBIDT -363.50 1024.60 -135.48 885.60 4752.80 -81.37 4497.80 10177.70 -55.81 Interest 765.10 2002.20 -61.79 2456.30 5986.90 -58.97 6801.70 8020.70 -15.20 PBDT -1128.60 -977.60 15.45 -1570.70 -1234.10 27.27 -2303.90 2157.00 -206.81 Depreciation 550.00 510.10 7.82 1531.70 1499.30 2.16 1969.10 2141.20 -8.04 PBT -1678.60 -1487.70 12.83 -3102.40 -2733.40 13.50 -4273.00 15.80 -27144.30 TAX 0.00 0.00 0.00 0.50 -79.20 -100.63 -41.10 -58.20 -29.38 Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT -1678.60 -1487.70 12.83 -3102.90 -2654.20 16.91 -4231.90 74.00 -5818.78 Equity 1133.60 1133.60 0.00 1133.60 1133.60 0.00 1133.60 1133.60 0.00 PBIDTM(%) -2.18 9.16 -123.76 1.89 10.87 -82.58 7.57 22.04 -65.63
With no major difference for the quarter endedSeptember 2018 , the total revenue stood at Rs. 15503.80 millions.The Total Profit for the quarter ended September 2018 of Rs. 250.80 millions grew from Rs.-915.70 millionsThe company reported a degrowth in operating Profit to 1569.20 millions from 1582.20 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201809 201709 % Var 201809 201709 % Var 201803 201703 % Var Sales 15503.80 15065.40 2.91 30066.20 32534.80 -7.59 59383.80 46186.40 28.57 Other Income 446.10 373.00 19.60 873.40 884.20 -1.22 1669.30 1622.70 2.87 PBIDT 1569.20 1582.20 -0.82 1249.10 3728.20 -66.50 4497.80 10177.70 -55.81 Interest 824.50 2001.70 -58.81 1691.20 3984.70 -57.56 6801.70 8020.70 -15.20 PBDT 744.70 -419.50 -277.52 -442.10 -256.50 72.36 -2303.90 2157.00 -206.81 Depreciation 493.60 496.20 -0.52 981.70 989.20 -0.76 1969.10 2141.20 -8.04 PBT 251.10 -915.70 -127.42 -1423.80 -1245.70 14.30 -4273.00 15.80 -27144.30 TAX 0.30 0.00 0.00 0.50 -79.20 -100.63 -41.10 -58.20 -29.38 Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT 250.80 -915.70 -127.39 -1424.30 -1166.50 22.10 -4231.90 74.00 -5818.78 Equity 1133.60 1133.60 0.00 1133.60 1133.60 0.00 1133.60 1133.60 0.00 PBIDTM(%) 10.12 10.50 -3.63 4.15 11.46 -63.74 7.57 22.04 -65.63
A decrease in the sales to Rs. 14562.40 millions was observed for the quarter ended June 2018. The sales stood at Rs. 17469.40 millions during the similar quarter previous year.The Net Loss for the quarter ended June 2018 is Rs. -1675.10 millions as compared to Net Loss of Rs. -250.80 millions of corresponding quarter ended June 2017Operating profit Margin for the quarter ended June 2018 slipped to -320.10% as compared to 2146.00% of corresponding quarter ended June 2017 (Rs. in Million) Quarter ended Year to Date Year ended 201806 201706 % Var 201806 201706 % Var 201803 201703 % Var Sales 14562.40 17469.40 -16.64 14562.40 17469.40 -16.64 59383.80 46186.40 28.57 Other Income 427.30 511.20 -16.41 427.30 511.20 -16.41 1669.30 1622.70 2.87 PBIDT -320.10 2146.00 -114.92 -320.10 2146.00 -114.92 4497.80 10177.70 -55.81 Interest 866.70 1983.00 -56.29 866.70 1983.00 -56.29 6801.70 8020.70 -15.20 PBDT -1186.80 163.00 -828.10 -1186.80 163.00 -828.10 -2303.90 2157.00 -206.81 Depreciation 488.10 493.00 -0.99 488.10 493.00 -0.99 1969.10 2141.20 -8.04 PBT -1674.90 -330.00 407.55 -1674.90 -330.00 407.55 -4273.00 15.80 -27144.30 TAX 0.20 -79.20 -100.25 0.20 -79.20 -100.25 -41.10 -58.20 -29.38 Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT -1675.10 -250.80 567.90 -1675.10 -250.80 567.90 -4231.90 74.00 -5818.78 Equity 1133.60 1133.60 0.00 1133.60 1133.60 0.00 1133.60 1133.60 0.00 PBIDTM(%) -2.20 12.28 -117.89 -2.20 12.28 -117.89 7.57 22.04 -65.63
Net sales declined -5.19% to Rs. 15662.00 million from Rs. 16519.00 millions.The Net Loss for the quarter ended March 2018 is Rs. -1577.70 millions as compared to Net Profit of Rs. 2591.30 millions of corresponding quarter ended March 2017Operating profit Margin for the quarter ended March 2018 slipped to -255.00% as compared to 5105.70% of corresponding quarter ended March 2017 (Rs. in Million) Quarter ended Year to Date Year ended 201803 201703 % Var 201803 201703 % Var 201803 201703 % Var Sales 15662.00 16519.00 -5.19 59383.80 46186.40 28.57 59383.80 46186.40 28.57 Other Income 401.40 357.90 12.15 1669.30 1622.70 2.87 1669.30 1622.70 2.87 PBIDT -255.00 5105.70 -104.99 4497.80 10177.70 -55.81 4497.80 10177.70 -55.81 Interest 814.80 2017.20 -59.61 6801.70 8020.70 -15.20 6801.70 8020.70 -15.20 PBDT -1069.80 3088.50 -134.64 -2303.90 2157.00 -206.81 -2303.90 2157.00 -206.81 Depreciation 469.80 523.60 -10.28 1969.10 2141.20 -8.04 1969.10 2141.20 -8.04 PBT -1539.60 2564.90 -160.03 -4273.00 15.80 -27144.30 -4273.00 15.80 -27144.30 TAX 38.10 -26.40 -244.32 -41.10 -58.20 -29.38 -41.10 -58.20 -29.38 Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT -1577.70 2591.30 -160.88 -4231.90 74.00 -5818.78 -4231.90 74.00 -5818.78 Equity 1133.60 1133.60 0.00 1133.60 1133.60 0.00 1133.60 1133.60 0.00 PBIDTM(%) -1.63 30.91 -105.27 7.57 22.04 -65.63 7.57 22.04 -65.63
A decent increase of about 58.37% in the turnover to Rs. 11187.00 millions was observed for the quarter ended December 2017. The turnover stood at Rs. 7063.90 millions during the similar quarter previous year.The Net Loss for the quarter ended December 2017 is Rs. -1487.70 millions as compared to Net Loss of Rs. -366.30 millions of corresponding quarter ended December 2016Operating Profit reported a sharp decline to 1024.60 millions from 2182.50 millions in the corresponding previous quarter. (Rs. in Million) Quarter ended Year to Date Year ended 201712 201612 % Var 201712 201612 % Var 201703 201603 % Var Sales 11187.00 7063.90 58.37 43721.80 29353.50 48.95 46186.40 48826.20 -5.41 Other Income 383.70 610.60 -37.16 2083.10 1578.70 31.95 1622.70 1559.80 4.03 PBIDT 1024.60 2182.50 -53.05 4752.80 5072.00 -6.29 10177.70 9491.50 7.23 Interest 2002.20 2008.80 -0.33 5986.90 6003.50 -0.28 8020.70 8483.80 -5.46 PBDT -977.60 173.70 -662.81 -1234.10 -931.50 32.49 2157.00 1007.70 114.05 Depreciation 510.10 540.00 -5.54 1499.30 1617.60 -7.31 2141.20 2239.80 -4.40 PBT -1487.70 -366.30 306.14 -2733.40 -2549.10 7.23 15.80 -1232.10 -101.28 TAX 0.00 0.00 0.00 -79.20 -31.90 148.28 -58.20 -34.20 70.18 Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT -1487.70 -366.30 306.14 -2654.20 -2517.20 5.44 74.00 -1197.90 -106.18 Equity 1133.60 1133.60 0.00 1133.60 1133.60 0.00 1133.60 1116.80 1.50 PBIDTM(%) 9.16 30.90 -70.36 10.87 17.28 -37.09 22.04 19.44 13.36
Bajaj Hindusthan Sugar is currently trading at Rs. 16.85, up by 0.75 points or 4.66% from its previous closing of Rs. 16.10 on the BSE.The scrip opened at Rs. 17.90 and has touched a high and low of Rs. 17.90 and Rs. 16.40 respectively. So far 24,39,000 shares were traded on the counter.The BSE group `B` stock of face value Rs. 1 has touched a 52 week high of Rs. 18.44 on 24-Apr-2017 and a 52 week low of Rs. 13.08 on 29-Mar-2017.Last one week high and low of the scrip stood at Rs. 17.90 and Rs. 14.45 respectively. The current market cap of the company is Rs. 1,904.38 crore.The promoters holding in the company stood at 26.02%, while Institutions and Non-Institutions held 41.13% and 32.86% respectively.Bajaj Hindusthan Sugar has successfully implemented the BHSL S4A Scheme. The company has allotted 34,83,24,626 fully paid-up Optionally Convertible Debentures (OCDs) of face value Rs 100 each aggregating to Rs 3483.25 crore upon conversion of Part-B (Unsustainable Loan) to JLF Lenders. It has also sold and transferred 11,99,87,344 equity shares of Rs 1 each to JLF lenders. Consequently the promoters’ shareholding stands reduced to 15.43%.Bajaj Hindusthan Sugar is engaged in the manufacture of sugar. The company is India’s largest ethanol producer and the pioneer of India’s fuel ethanol programme. They also generate power from the bagasse produced in their sugar mills. As well as produces environment-friendly Medium Density Fibre Boards (MDF) and Particle Boards (PB), both from their bagasse waste.
Bajaj Hindusthan Sugar is currently trading at Rs. 16.10, up by 0.75 points or 4.89% from its previous closing of Rs. 15.35 on the BSE.The scrip opened at Rs. 15.75 and has touched a high and low of Rs. 16.45 and Rs. 15.70 respectively. So far 2653687 shares were traded on the counter.The BSE group `B` stock of face value Rs. 1 has touched a 52 week high of Rs. 18.44 on 24-Apr-2017 and a 52 week low of Rs. 13.08 on 29-Mar-2017.Last one week high and low of the scrip stood at Rs. 16.45 and Rs. 14.45 respectively. The current market cap of the company is Rs. 1847.70 crore.The promoters holding in the company stood at 26.02%, while Institutions and Non-Institutions held 41.13% and 32.86% respectively.Bajaj Hindusthan Sugar has successfully implemented the BHSL S4A Scheme. The company has allotted 34,83,24,626 fully paid-up Optionally Convertible Debentures (OCDs) of face value Rs 100 each aggregating to Rs 3483.25 crore upon conversion of Part-B (Unsustainable Loan) to JLF Lenders. It has also sold and transferred 11,99,87,344 equity shares of Rs 1 each to JLF lenders. Consequently the promoters’ shareholding stands reduced to 15.43%.Bajaj Hindusthan Sugar is engaged in the manufacture of sugar. The company is India’s largest ethanol producer and the pioneer of India’s fuel ethanol programme. They also generate power from the bagasse produced in their sugar mills. As well as produces environment-friendly Medium Density Fibre Boards (MDF) and Particle Boards (PB), both from their bagasse waste.
Bajaj Hindusthan Sugar is currently trading at Rs. 14.90, up by 0.10 points or 0.68% from its previous closing of Rs. 14.80 on the BSE.The scrip opened at Rs. 14.95 and has touched a high and low of Rs. 15.00 and Rs. 14.75 respectively. So far 188917 shares were traded on the counter.The BSE group `B` stock of face value Rs. 1 has touched a 52 week high of Rs. 18.44 on 24-Apr-2017 and a 52 week low of Rs. 12.90 on 28-Dec-2016.Last one week high and low of the scrip stood at Rs. 15.70 and Rs. 14.80 respectively. The current market cap of the company is Rs. 1689.00 crore.The promoters holding in the company stood at 26.02%, while institutions and non-institutions held 41.13% and 32.86% respectively.Bajaj Hindusthan Sugar is planning to issue Optionally Convertible Debentures (OCDs) aggregating to Rs 3483.25 crore to the Lenders of the Company upon conversion of Part - B (Unsustainable portion) of the loan in accordance with the `S4A Resolution Plan` approved by the Overseeing Committee (OC). The meeting of Board of Directors of the company is scheduled to be held on December 14, 2017, to consider the same. Bajaj Hindusthan Sugar is engaged in the manufacture of sugar. The company is India’s largest ethanol producer and the pioneer of India’s fuel ethanol programme. They also generate power from the bagasse produced in their sugar mills. As well as produces environment-friendly Medium Density Fibre Boards (MDF) and Particle Boards (PB), both from their bagasse waste.
Bajaj Hindusthan Sugar is currently trading at Rs. 15.25, up by 0.15 points or 0.99% from its previous closing of Rs. 15.10 on the BSE.The scrip opened at Rs. 15.40 and has touched a high and low of Rs. 15.55 and Rs. 15.10 respectively. So far 604644 shares were traded on the counter.The BSE group `B` stock of face value Rs. 1 has touched a 52 week high of Rs. 18.44 on 24-Apr-2017 and a 52 week low of Rs. 12.90 on 28-Dec-2016.Last one week high and low of the scrip stood at Rs. 16.15 and Rs. 15.05 respectively. The current market cap of the company is Rs. 1728.68 crore.The promoters holding in the company stood at 26.02%, while Institutions and Non-Institutions held 41.13% and 32.86% respectively.Bajaj Hindusthan Sugar has received approval from Overseeing Committee for implementation of S4A Resolution Plan. Out of total debt of Rs 8284.59 crore considered under the S4A Scheme, the Sustainable Debt (Part A) is considered at Rs 4789.35 crore (57.81%) whereas balance debt of Rs 3495.25 (42.19%) is considered as Unsustainable Debt (Part B). RBI’s S4A framework stipulates dilution in Promoters’ shareholding at least in the same proportion as that of Part B to total debt. Accordingly, the promoter shall dilute their shareholding from the current level of 26.02% to 15.43% by way of sale of a part of its shareholding to the JLF Members. Promoters of the Company will have a right of first refusal (ROFR) over the equity sharesiOCDs held by the JLF Lenders. For Part A, interest and principal obligation of Term Loan and Working Capital will continue as per the existing repayment schedule. Debt servicing shall be made out of cash flows from operations, without any change in terms of repayment. For Part B, a portion of Rs 12 crore will be adjusted against the sale consideration payable by the JLF members to the promoters towards aforesaid dilution and the balance portion of Part B of Rs 3483.25 crore would be converted into Optionally Convertible Debentures (OCDs) as per the terms and conditions stipulated in the S4A Resolution Plan.
Bajaj Hindusthan Sugar is currently trading at Rs. 15.40, up by 0.17 points or 1.12% from its previous closing of Rs. 15.23 on the BSE.The scrip opened at Rs. 15.30 and has touched a high and low of Rs. 16.15 and Rs. 15.25 respectively. So far 1522011 shares were traded on the counter.The BSE group `B` stock of face value Rs. 1 has touched a 52 week high of Rs. 18.44 on 24-Apr-2017 and a 52 week low of Rs. 12.90 on 28-Dec-2016.Last one week high and low of the scrip stood at Rs. 16.15 and Rs. 15.15 respectively. The current market cap of the company is Rs. 1740.01 crore.The promoters holding in the company stood at 26.02%, while institutions and non-institutions held 41.13% and 32.86% respectively.Bajaj Hindusthan Sugar has received approval from Overseeing Committee for implementation of S4A Resolution Plan. Out of total debt of Rs 8284.59 crore considered under the S4A Scheme, the Sustainable Debt (Part A) is considered at Rs 4789.35 crore (57.81%) whereas balance debt of Rs 3495.25 (42.19%) is considered as Unsustainable Debt (Part B). RBI’s S4A framework stipulates dilution in Promoters’ shareholding at least in the same proportion as that of Part B to total debt. Accordingly, the promoter shall dilute their shareholding from the current level of 26.02% to 15.43% by way of sale of a part of its shareholding to the JLF Members. Promoters of the Company will have a right of first refusal (ROFR) over the equity sharesiOCDs held by the JLF Lenders. For Part A, interest and principal obligation of Term Loan and Working Capital will continue as per the existing repayment schedule. Debt servicing shall be made out of cash flows from operations, without any change in terms of repayment. For Part B, a portion of Rs 12 crore will be adjusted against the sale consideration payable by the JLF members to the promoters towards aforesaid dilution and the balance portion of Part B of Rs 3483.25 crore would be converted into Optionally Convertible Debentures (OCDs) as per the terms and conditions stipulated in the S4A Resolution Plan.
Bajaj Hindusthan Sugar is currently trading at Rs. 16.40, up by 2 points or 13.89% from its previous closing of Rs. 14.40 on the BSE.The scrip opened at Rs. 14.30 and has touched a high and low of Rs. 16.70 and Rs. 14.30 respectively. So far 2515612 shares were traded on the counter.The BSE group `B` stock of face value Rs. 1 has touched a 52 week high of Rs. 24.20 on 13-Jun-2016 and a 52 week low of Rs. 12.90 on 28-Dec-2016.Last one week high and low of the scrip stood at Rs. 16.70 and Rs. 14.20 respectively. The current market cap of the company is Rs. 1853.37 crore.The promoters holding in the company stood at 26.02%, while Institutions and Non-Institutions held 43.51 % and 30.48 % respectively.Bajaj Hindusthan Sugar has reported over 2-fold jump in its net profit at Rs 259.13 crore for the quarter ended March 31, 2017 as compared to Rs 129.27 crore for the same quarter in the previous year. However, total income of the company decreased by 3.74 % at Rs 1687.69 crore for quarter under review as compared to Rs 1753.24 crore for the quarter ended March 31, 2016. For the year ended March 31, 2017, the company has posted a net profit of Rs 7.40 crore as compared to net loss of Rs 119.79 crore in FY16. However, total income of the company decreased by 5.11% at Rs 4780.91 crore for year under review as compared to Rs 5038.60 crore for the year ended March 31, 2016. For the year ended March 31, 2017, on the consolidated basis, the company has posted a net loss of Rs 91.98 crore as compared to net loss of Rs 212.20 crore in FY16. Total income of the company decreased by 5.02% at Rs 4729.75 crore for year under review as compared to Rs 4979.66 crore for the year ended March 31, 2016.