Avadh Sugar & Energy Ltd. · NSE:AVADHSUGAR
Avadh Sugar & Energy — Q4 FY26 Earnings Presentation
25 slides from Avadh Sugar & Energy's earnings presentation, May 12, 2026
Slide 1: Exchange filing cover letter
AVADH/SE/2026-27/08 May 12, 2026 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 Street, Fort Mumbai 400051 M
Slide 2: Investor Presentation Q4 & FY26
Investor Presentation Q4 & FY26 Sustainability | Responsibility | Profitability
Slide 3: Disclaimer
Disclaimer 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 subscribe for any s
Slide 4: Table of Contents
Table of Contents Company Business Financials Overview Updates Updates 3
Slide 5: Company Overview
Company Overview
Slide 6: Company Overview
Company Overview Avadh Sugar & Energy Ltd incorporated in 1932 (Group in Sugar Business over 9 decades), pursuant to the scheme of merger and demerger this company formed in 2015, Manufacturing Sugar, Ethanol and Power. Capacity Integrated Strategic Patronage of K.K. Healthy Utilisation Operations L
Slide 7: Robust Capacity, Integrated Operations, Located Strategically
Robust Capacity, Integrated Operations, Located Strategically Particulars Sugar Distillery 1. Seohara (West UP) Hargaon 13,000 200 Seohara 10,000 125 2. Rosa (Central UP) Hata 7,000 - 3. Hargaon (Central UP) Rosa 4,800 - Total 34,800 325 4. Hata (East-UP) At Hargaon - The implementation of the incre
Slide 8: Shareholders Information
Shareholders Information As on 31 March 2026 Shareholder Information Shareholding Pattern BSE Ticker 540649 FII / FPI Others NSE Symbol AVADHSUGAR 5% 2% Market Cap (Rs Cr) 939 Individual / HUF 32% Free-float (%) 40% Promoters Free Float Market Cap (Rs Cr) 372 60% NRI / Foreign Nationals Shares Outst
Slide 9: Business Updates
Business Updates
Slide 10: Multi-Engine Model Mitigating Industry Cyclicality
Multi-Engine Model Mitigating Industry Cyclicality Procurement Excellence Sugar Business Excellence Distillery Business Excellence Co-generation Excellence Securing The Foundation Stable Core with Structural Growth and Enhancing Returns Through Of Growth Improving Quality of Earnings Margin Stabiliz
Slide 11: Financial Snapshots
Financial Snapshots Revenue (Rs Cr) EBITDA (Rs Cr) 2694 2636 280 • Revenue for the year remain flat on account of 226 lower sugar sale by 5%, due to lower sugar 121 149 production in sugar season 2025-26, which is 671 679 supported positively with higher sugar realisation and higher ethanol sale by
Slide 12: Segment Overview
Segment Overview Particular Co-gen & Sugar Distillery Others 2,572 2,557 530 485 243 207 Revenue* 112 106 (Rs Cr) 725 712 116 141 Q4FY26 Q4FY25 FY26 FY25 Q4FY26 Q4FY25 FY26 FY25 Q4FY26 Q4FY25 FY26 FY25 63 34 160 EBIT 42 106 102 20 (Rs Cr) 78 14 15 19 13 Q4FY26 Q4FY25 FY26 FY25 Q4FY26 Q4FY25 FY26 FY2
Slide 13: Sugar Segment Overview (1/2)
Sugar Segment Overview (1/2) Sugar Operational Metrics – Q4 & FY26 Sugar Produced (Lac Qtls.) Sugar Sold (Lac Qtls.) Inventory (Lac Qtls.) 48.36 48.86 50.97 32.75 45.73 29.61 27.85 32.25 11.39 10.79 Q4FY26 Q4FY25 FY26 FY25 Q4FY26 Q4FY25 FY26 FY25 Mar-26 Mar-25 Sugarcane Crushing (Lac Qtls.) Average
Slide 14: Sugar Segment Overview (2/2)
Sugar Segment Overview (2/2) Sugarcane Crushing FY 2025-26 FY 2024-25 Type Lac qtls. % Lac qtls. % Syrup 22.20 4.53% 31.69 6.41% B-Molasses 234.08 47.78% 219.62 44.40% C-Molasses 233.64 47.69% 243.29 49.19% Total 489.92 100% 494.60 100% Recovery on C equivalent 10.98% 10.80% Sugar Production 48.36 L
Slide 15: Outlook and Industry Prospectives (1/2)
Outlook and Industry Prospectives (1/2) Sugar Outlook: • India’s Sugar output reached 27.48 MMT as of 15th April 2026, up by 8% YOY. • Maharashtra and Karnataka have grown up 23% and 19% respectively YOY. • For 2025–26 crushing season, the State Advisory Price (SAP) of sugarcane in Uttar Pradesh has
Slide 16: Outlook and Industry Prospectives (2/2)
Outlook and Industry Prospectives (2/2) Recent Developments in Uttar Pradesh: • Production moderation amid seasonal volatility: UP sugar output declined ~13% YoY in March due to lower cane availability and early mill closures, though India’s overall seasonal production remains ~9% higher YoY. • High
Slide 17: Distillery and Co-Gen Segment Overview (1/2)
Distillery and Co-Gen Segment Overview (1/2) Ethanol Produced (Lac Ltrs.) Ethanol Sold (Lac Ltrs.) Ethanol Inventory (Lac Ltrs.) 849 109 893 772 736 65 263 278 223 182 Q4FY26 Q4FY25 FY26 FY25 Q4FY26 Q4FY25 FY26 FY25 Mar-26 Mar-25 Power Production (Lac Units) Power Sold to Grid (Lac Units) • Ethanol
Slide 18: Distillery and Co-Gen Segment Overview (2/2)
Distillery and Co-Gen Segment Overview (2/2) (in lac ltrs.) Ethanol Sale Feedstock Q4FY26 Q4FY25 YOY(%) FY26 FY25 YOY(%) Syrup 68 87 169 237 B-Molasses 104 136 548 486 C-Molasses 10 - 132 48 Total 182 223 -18.39% 849 771 10.12% Ethanol Production Feedstock Q4FY26 Q4FY25 YOY(%) FY26 FY25 YOY(%) Syrup
Slide 19: Outlook and Industry Prospectives (1/2) - Ethanol
Outlook and Industry Prospectives (1/2) Ethanol Sugar • Ethanol blending remains the strongest growth lever: Ethanol diversion, higher blending targets, and policy support continue to improve revenue stability and reduce cyclicality. • Ethanol blending has reached 20% as on 31 March 2026, on course
Slide 20: Outlook and Industry Prospectives (2/2) - Ethanol
Outlook and Industry Prospectives (2/2) • OMCs floats Tender for ESY 2025-26, details of Tender received, allocated and supplied as on 31 March 2026 is as under: (Cr Ltrs.) No. Feed-Stock Tender Allocated Supplied 1 Juice 299 166 114 2 B-Heavy 159 110 31 3 C-Heavy 14 12 5 4 DFG 76 48 21 5 Maize 832
Slide 21: Financial Updates
Financial Updates
Slide 22: Profit & Loss Highlights
Profit & Loss Highlights AUDITED AUDITED Particulars (Rs Cr) Q4FY26 Q4FY25 YOY(%) FY26 FY25 YOY(%) Total Income 672 678 -0.88% 2699 2639 2.27% Raw Material Cost 442 427 2,111 2027 Employee Cost 37 35 123 114 Other Expenditure 72 67 239 218 EBIDTA 121 149 -18.79% 226 280 -19.29% Interest 21 24 -12.50
Slide 23: Balance Sheet Highlights
Balance Sheet Highlights Details of Outstanding Position Loan (Rs Cr) Stock position as on 31 March 2026 (Rs Cr) 1,406 1,370 222 975 985 Rs 1433 Cr 431 1,211 385 Mar-26 Mar-25 Term Loan Cash Credit/WCDL Total Debt Sugar Stock Molasses / Ethanol / Other Stocks Long-term Credit Rating: A+ by India Rat
Slide 24: Cash Flow Highlights
Cash Flow Highlights Rs. in Crore Particulars FY26 FY25 Net Cash Generated From Operating Activities 157 154 Cash Used in Investing Activities (98) (99) Cash Used in Financing Activities (61) (53) Net (Decrease) / Increase In Cash and Cash Equivalents (2) 2 Cash and Cash Equivalents at the beginning
Slide 25: Contact Us
Contact Us Mr. Dilip Patodia dilip.patodia@birla-sugar.com 9/1, R.N. Mukherjee Road, Kolkata www.avadhsugar.com Mr. Suyash Samant | Sharu Garg suyash@stellar-ir.com | sharu@stellar-ir.com A-405, Kanakia Wallstreet, Andheri (East), Mumbai www.stellar-ir.com