Avadh Sugar & Energy Ltd. · NSE:AVADHSUGAR
Avadh Sugar & Energy — Q2 FY2024 Earnings Presentation
19 slides from Avadh Sugar & Energy's earnings presentation, Nov 8, 2023
Slide 1: Exchange disclosure cover letter
AAVADE SUGAR& ENERGY LTD AVADH/SE/2023-24/43 November 8, 2023 The Manager The Manager Listing Department Listing Department National Stock Exchange of India Limited BSE Ltd. ‘Exchange Plaza’ 1st Floor, New Trading Ring C-1, Block G Rotunda Building Bandra-Kurla Complex P.J. Towers Bandra (E) Dalal S
Slide 2: Avadh Sugar & Energy Ltd
Avadh Sugar & Energy Ltd Building Energy Efficiency
Slide 3: Q2FY24 & H1 Highlights
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Slide 4: Q2 FY24 Robust Performance
Q2 FY24 Robust Performance A A\ ‘A Higher Quarterly eee Cf Fthanol igher Sugar Sale | m™ 1 Production Rs 3,701 per Qtlin | ' 266 Lakh Itrin | ' 278 Lakhitrin ‘16.56 Lac qtls in Q2FY24 ! ! Q2FY24 : 3 Q2FY24 ! ! Q2FY24 (Rs 3,496 per Qtlin | (207 Lakh Itrin | (192 Lakh Itrin | (13 Lac qtls in Loe eee Q
Slide 5: H1 FY24 Robust Performance
H1 FY24 Robust Performance Ethanol Sugar Sale Production im | 8 % 1 ! Rs 3662 perQtlin | ' 546 Lakh Itrin | 563 Lakhitrin | ' 29Lac qtls in H1FY24 ! H1FY24 3 : H1FY24 ! H1FY24 (27 Lac qtls in | (Rs 3485 per Qtlin | (460 Lakhitrin | (461 Lakh Itr in ! H1FY23) ! H1FY23) ! ! H1FY23) ! H1FY23)
Slide 6: Sugar and Distillery Performance
SUGAR = Sugar Performance: asso Stock Position (Lakh Qtls) 23-24 22-23 ‘ Closing stock as on 30 th Sept 23 stood at 8.51 Lac Qtls as ei against 11.13 lac Qtls as on 30° Sept 2022. Stock Valuation as Opening stock as on 1 July 25.07 24.13 on 30" Sept, 2023 at Rs 3371 /- per Qtl Production - - Increas
Slide 7: Details of Outstanding position - Total Debt
* Details of Outstanding position :- Particulars (Rs. In Crores) 30/09/2023 30/09/2022 Term Loan 438 462 Cash Credit / Short Term Loan / SCD/ ICD* 221 377 Total Debt 659 839 * Gross debt has come down by Rs. 180 Cr. * Cash Credit Outstanding - Nil as on 7/11/2023, Surplus funds are parked in Bank de
Slide 8: Total Income, EBITDA and PAT
MMA 5 GAR ENER GY LT LTD Total Income (Rs. Cr) EBITDA (Rs. Cr) PAT (Rs. Cr) 78 799 594 6 Q2FY23 Q2FY24 Q2FY23 Q2FY24 cFv23 Q2FY24 -16 1481 151 1283 70 3 H1FY23 H1FY24 H1FY23 H1FY24 H1FY23 H1FY24
Slide 9: Profit and Loss Statement
Raw Material Cost 645 507 1174 1057 Employee Cost 25 36 51 60 Other Expenditure 51 45 104 96 Depreciation 13 13 27 25 PBIT 65 (7) 124 45 Interest 20 18 46 40 Profit Before Tax 45 (25) 78 Tax 16 (9) 27 EPS (Rs) * 14.42 (8.14) 25.49 1.70 *Not Annualised
Slide 10: Balance Sheet Highlights
Balance Sheet Highlights aa Rs. Crore Sept-23 Mar-23 Rs. Crore Sept-23 Mar-23 |Shareholder'sFunds 972,882] | Nomcurrentassets = taza Share capital 20 20 Fixed assets 1144 1165 Other Equity 952 871 Capital W.I.P 51 13 Long term borrowings 315 308 Other non-current assets 7 10 Deferred tax liability 6
Slide 11: Segment Performance — Q2FY24
Segment Performance — Q2FY24 A Sugar Distillery (Ethanol) Co-Generation (Power) Particulars Q2FY24 Q2FY23 Q2FY24 Q2FY23 Q2FY24 Q2FY23 Segmental Revenues (Rs. Lakh) 70,540 50,075 16,906 11,700 1164 PBIT (Rs. Lakh) 4,080 (2,080) 3,454 2,603 (666) (752) Production Qty (In Lacs) 266 Ltrs 207 Ltrs 157.54
Slide 12: Segment Performance — H1FY24
Segment Performance — H1FY24 Sugar Distillery (Ethanol) Co-Generation (Power) Particulars H1FY24 H1FY23 H1FY24 H1FY23 H1FY24 H1FY23 Segmental Revenues (Rs. Lakh) 1,30,847 1,13,090 34,371 27,869 5,815 4,505 PBIT (Rs. Lakh) 7,254 (423) 7,098 6,604 (940) (773) Production Qty (In Lacs) 12.75 Qtls 8.96 Q
Slide 13: Industry Updates
AAVADEH SUGAR & ENERGY LTD Industry Updates
Slide 14: Global Sugar Inventory and Price Update
Global Sugar Inventory Update Rising Global Sugar Price (USD/Kg) 0.58 0.60 0.55 Opening Balance of Sugar Inventory 47.3 40.0 0.50 0.45 Production during the year 177.2 187.8 0.40 0.35 Consumption during the year 176.0 180.0 0.30 0.25 Import/Export 8.5 13.6 0.20 Jul-21 Jul-22 Jul-23 Sep-20 Jan-21 Jan
Slide 15: Indian sugar industry update
BAVADH MM 50 GAR 8 ENERGY LTD e India’s Gross Sugar production could fall 8 per cent to 33.7 million tonnes in the 2023/24 season (ISMA). ¢ FRP of Sugar Cane for Sugar Season 23-24 raised at Rs. 315 / Qtl for a base recovery of Rs. 10.25% (C.Y.) Rs. 305 / Qtl for 10.25%. e SAP of sugarcane in the st
Slide 16: Long-Term Sustainability
ng-Term Sustainability BAVA SUGAR& DI ENERGYLTD Te ra We believe that a The improvement in Sugar Consumption Sugar Prices Surge to structural story is at play profitability of in India Surges to Near Six-Year Highs in the sugar sector due integrated sugar mills 27.5 Million Metric Amidst Production
Slide 17: Ethanol supply and blending trends
ain Strong Quantity Supplied (Ethanol) and % Blending Trends 15.0% The average blending percentage is 11.8% till October 15, 2023. 12.09 The target is to reach 12% blending in 2022-23, 15% in 2023-24 and 10.0% 20% in 2024-25 Tender floated by the OMCs for the ETHANOL supply Year 23-24 (Nov- 8.5% Oct
Slide 18: Disclaimer
MM AVA DIF 50 G52 & ENERGY LTD This presentation and the accompanying slides (the “Presentation”), which have been prepared by Avadh Sugar & Energy Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or
Slide 19: Contact Us
Contact Us STELLAR Ms. Pooja Sharma / Ms. Amritha Poojari pooja.sharma@stellar-ir.com / amritha@stellar-ir.com A-405, Kanakia Wallstreet, Andheri (East), Mumbai
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