Avadh Sugar & Energy Ltd. · NSE:AVADHSUGAR
Avadh Sugar & Energy — Q2 FY2022 Earnings Presentation
20 slides from Avadh Sugar & Energy's earnings presentation, Nov 10, 2021
Slide 1: Stock exchange disclosure cover letter
BAVADE NERG AVADH/SE/2021-22/39 10" November, 2021 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
Slide 2: Avadh Sugar & Energy Limited Result Presentation Q2FY22
MM AVADH Sucaraene SY LTO Avadh Sugar & Energy Limited Capitalizing Opportunities to Deliver a Promising Future Fully Integrated Sugar Mill: Sugar | Ethanol | Co-Generation Result Presentation | Q2FY22
Slide 3: Agenda
Agend 1 Q2FY22 Highlights 2 Segmental Performance 3 Industry Updates
Slide 4: Q2FY22 Highlights
Index 1 Q2FY22 Highlights
Slide 5: Key Business Updates — Q2FY22 (1/2)
Key Business Updates — Q2FY22 (1/2) . Sugar Stock as on 30 Sep 2021, 19.07 (30.40 as on 30 September 2020) lakh quintals ' Average domestic sale realization: # Q2FY22 Rs. 3,419/- per quintal; Q2FY21 Rs. 3,274/- per quintal " HI1FY22 Rs. 3,347/- per quintal; H1FY21 Rs. 3,207/- per quintal ' Receivabl
Slide 6: Key Business Updates — Q2FY22 (2/2)
Key Business Updates — Q2FY22 (2/2) " Details of Outstanding position Particulars (Rs. In Crores) As on Sep’21 March’21 March’20 Term Loan 581 653 699 Cash Credit/ Short Term Loan 501* 720 897 Total Debt 1,082 1,373 1,596 Cane Dues - 491 556 Total Outside Liability 1,082 1,864 2,152 * Against this,
Slide 7: Q2FY22 Result Highlights
AVADI MM SUGAR BENE Q2FY22 Result Highlights [ Total Income (Rs. Cr) | EBITDA (Rs. Cr) PAT (Rs. Cr) = ¢ + See33.6% br ! - eee = — v v ——e ws N an 44 = = + 38.2% -r ¢ —, r i r7_0.0% fo ¥ == v ill 621 621 ol ul a N Q2FY21 Q2FY22 H1FY21 H1FY22 Q2FY21 Q2FY22 H1FY21 H1FY22 Q2FY21 Q2FY22 H1iFY21 H1FY22
Slide 8: Profitability Highlights
BAVA! Profitability Highlights H1FY22 H1FY21 Total Income 1,240 1,184 Raw Material Cost 474 500 957 935 Employee Cost 22 21 44 44 Other Expenditure 49 45 92 95 EBITDA 76 55 147 110 Depreciation 13 12 26 23 PBIT 63 43 121 87 Interest 24 33 53 61 Profit Before Tax 39 10 68 26 Tax 14 3 24 9 Profit Afte
Slide 9: Balance Sheet
AAVA! SUGAR& ENE Balance Sheet ar ar Shareholder’s Funds 728 666 Non-current assets 1,143 1,122 Share capital 20 20 Fixed assets 1,075 1,084 Other Equity 708 646 Capital W.I.P 9 15 Non-current liabilities 498 513 Investments 44 15 Long term borrowings 467 495 Financial assets 1 1 Deferred tax liabil
Slide 10: Segmental Performance
Index 2 Segmental Performance
Slide 11: Sugar Segment Performance
Sugar Segment Performance Segmental Revenues (Rs. Lakh) Dispatched Qty (In Lacs) PBIT (Rs. Lakh) Q2FY22 52,992 13.81 2,649 Q2FY21 55,629 16.06 3,070 H1FY22 1,10,202 28.68 4,052 H1FY21 1,08,597 30.36 4,176 Sugar cane Crushed (Lakh Qtls) Sugar Recovery (%) Average Realization (Per Quintal) Q2FY22 - -
Slide 12: Distillery Segment Performance
Distillery Segment Performance Segmental Revenues (Rs. Lakh) PBIT (Rs. Lakh) Q2FY22 13,410 4,680 Q2FY21 7,705 1,947 H1FY22 24,386 9,353 H1FY21 15,762 5,206 Total Ethanol Production Total Ethanol Sales (Lakh litres) (Lakh litres) B C B C Q2FY22 195.39 - 232.63 - Q2FY21 0.07 55.14 46.07 92.57 H1FY22 4
Slide 13: Co-Generation Segment Performance
Co-Generation Segment Performance Segmental Revenues (Rs. Lakh) PBIT (Rs. Lakh) Q2FY22 1,047 (567) Q2FY21 99 (492) H1FY22 4,236 (514) H1FY21 3,415 (195) Power Sales Average Realization Power Generation (lakh units) (Lakh units) (Rs. Per Unit) Q2FY22 141.14 22.16 2.75 Q2FY21 H1FY22 635 256.88 3.06 H1
Slide 14: Industry Updates
Index 3 Industry Updates 7
Slide 15: Global Sugar Industry Updates
Global Sugar Industry Updates The Global Sugar Balance Sheet for SS 2021-22 is estimated at Opening Stock 92.8 million MT, Production at 172.5 million MT, Consumption 175.0 million MT, Closing balance at 90.3 million MT { Total Global sugar production for SS 21-22 is estimated at 172.5 million MT. T
Slide 16: Domestic Sugar Industry Updates (1/2)
Domestic Sugar Industry Updates (1/2) The Indian sugar balance sheet (in million tons) Sugar season 2018-19 2019-20 2020-21 2021-22 E Opening balance (as on 1st Oct) 10.7 14.5 10.7 8.2 y Estimated sugar production 33.1 27.4 31.2 30.5 y Sugar availability during the season 43.8 41.9 41.8 38.7 Estimat
Slide 17: Domestic Sugar Industry Updates (2/2)
Domestic Sugar Industry Updates (2/2) UP Government has announced increase in cane price or State Administered Price (SAP) by Rs 250 per tonne for the Sugar Season (SS) 2021-22 cr Sugarcane FRP for SS 2021-22: Fair and Remunerative Price (FRP) of sugarcane for sugar season 2021-22 at ~ 290 per quint
Slide 18: India achieved highest ever Exports
India achieved highest ever Exports Sugar Exports from India Trend (In Million Tonnes) rancor ca rca ncaa p77 +87% roa I po mermenn I | I Vv 71 = 5.95 3.8 2.99 2.6 2.13 — 1.66 = 1.09 = 0.35 ——4 ——7 = 0.46 —— == = 0.05 — — — — — _ =. — ee 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-1
Slide 19: India: Strong Steps towards being Ethanol Ready (1/2)
BAVAL MM SUGAR BENE 1 Y LTD India: Strong Steps towards being Ethanol Ready (1/2) 4.25 ; ; ; 10% Strong incentives for investments from Govt. to augment ethanol capacities 3.25 3.4 8.50% 1.89 a we 5% ——_Le 5% From 3.5 billion litres of annual capacity in 2018 to a target of 14 billion litres by 2025
Slide 20: India: Strong Steps towards being Ethanol Ready (2/2)
A AVAL MMB SUGAR a ENE 1 Y LTD India: Strong Steps towards being Ethanol Ready (2/2) « Distillery Sales Yearly Trend Particulars FY21 FY20 FY19 FY18 FY17 FY16 Ethanol Production (Lakh Liters) 647.65 579.73 572.55 495.25 541.11 539.59 Ethanol Sales (Lakh Liters) 665.60 508.77 616.19 484.31 571.81 541
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