Avadh Sugar & Energy Ltd. · NSE:AVADHSUGAR
Avadh Sugar & Energy — Q2 FY2023 Earnings Presentation
20 slides from Avadh Sugar & Energy's earnings presentation, Nov 9, 2022
Slide 1: Exchange filing cover letter
AVADH/SE/2022-23/24 November 09, 2022 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 40005
Slide 2: Result Presentation | Q2FY23
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Slide 4: Key Business Updates (1/3)
Key Business Updates (1 | 3) - eae SUGAR 4 ETHANOL = Sugar Stock as on 30‘ Sept 2022, 11.13 lakh quintals (19.07 lakh quintal as » Ethanol production capacity on B-heavy on 30 Sept 2021) molasses increased to 325 KLPD in FY22 Bern omer = Distillery Performance:- | Production - Sold 13.00 Production
Slide 5: Key Business Updates (2/3)
Key Business Updates (2/3) Profitability Impact due to :- Wage Revision by Government of Uttar Pradesh, additional cost of Rs. 1180 Lacs. Additional earmarking of Molasses due to increases in Levy obligation for Sugar Season 2021-22 and consequential opportunity loss. Impact of Higher Sugar cane pri
Slide 6: Key Business Updates (3/3)
Key Business Updates (3 | 3) " Details of Outstanding position Particulars (Rs. In Crores) 30-Sep-2022 30-June-2022 31-March-2022 Term Loan 462 * 489 522 Cash Credit / Short Term Loan 377 ** 696 690 * Including UP govt soft Loan & SEFASU Loan for Distillery Project aggregating to Rs. 161 Cr. **Again
Slide 7: Performance in Q2 / H1FY23
Performance in Q2 / H1FY23 Total Income (Rs. Cr) EBITDA (Rs. Cr) PAT (Rs. Cr) I I I 621 594 I 25 I i I I I I I I 6 1 a Q2FY22 Q2FY22 Q2FY23 I Q2FY22 Q2FY23 I ih cm i i Sh mi a I mn i ih mi i ts a I jm i emi i i mm i i i I ! 147 I 44 i I \ I ! 1,240 I I 3 je H1FY22 H1FY23 H1FY22 H1FY23 H1FY22 H1FY23
Slide 8: Profit & Loss Highlights
Profit & Loss Highlights Total Income 1282 1,240 Raw Material Cost 507 474 1056 957 Employee Cost 36 22 60 44 Other Expenditure 45 49 96 92 EBITDA 6 76 70 147 Depreciation 13 13 25 26 PBIT (7) 63 45 121 Interest 18 24 40 53 Profit Before Tax (25) 39 5 68 Tax (9) 14 2 24 Profit After Tax (16) 25 3 |
Slide 9: Balance Sheet Highlights
Balance Sheet Highlights Rs. Crore Rs. Crore Sep-22 Mar-22 Share capital 20 20 Fixed assets 1053 1077 Other Equity 771 790 Capital W.1.P 87 9 Other non-current assets 78 70 Long term borrowings 338 403 Long-Term Provisions 6 5 Deferred tax liability 22 22 Inventories 452 1170 Trade receivables 50 86
Slide 10: Segmental Performance
segmental Performance
Slide 11: Sugar Segment Performance
Sugar Segment Performance Q2FY 23 Q2FY22 H1FY23 H1FY22 Segmental Revenues (Rs. Lakh) 50,075 52,992 1,13,090 1,10,202 PBIT (Rs. Lakh) (2,080) 2,649 (423) 4,052 Dispatched Qty (In Lacs) 13.00 13.81 26.88 28.68 Average Realization (Per Quintal) 3,496 3,419 3,485 3,347 Sugar cane Crushed (Lakh Qtls) - -
Slide 12: Distillery Segment Performance
Distillery Segment Performance Q2FY23 Q2FY22 H1FY23 H1FY22 Segmental Revenues (Rs. Lakh) 11,700 13,410 2/,869 24,386 PBIT (Rs. Lakh) 2,603 4,680 6,604 9,353 Total Ethanol Production (Lakh litres) - B Heavy 207.11 195.4 430.30 400.54 Total Ethanol Production (Lakh litres) — From Syrup - - 29.78 - Tot
Slide 13: Co-Generation Segment Performance
Co-Generation Segment Performance Q2 FY23 Q2 FY22 Me) 74 Segmental Revenues (Rs. Lakh) 972 1,047 4,505 4,236 PBIT (Rs. Lakh) * (752) (567) (773) (514) Power Generation (Lakh Units) 133.42 141.14 644 635.0 Power Sales (Lakh Units) 9.25 22.2 242 256.9 Average Realisation (Rs. Per Unit) 2.60 2.75 2.92
Slide 14: Industry Updates
Industry Updates
Slide 15: Global Sugar Industry — Update
Global Sugar Industry — Update Global Sugar Inventory Update Global Sugar Price Trend (USD/Kg) Global Sugar Balance Sheet (Million MT) 2021-22 2022-23 (E) 0.50 0.45 Opening Balance of Sugar Inventory 52.0 49.8 0.40 0.39 Production during the year 181.2 182.9 0.35 0.30 Consumption during the year 175
Slide 16: Global Sugar Industry - Production
Global Sugar Industry - Production SS 2022-23 (E) SS 2021-22 Global Production estimated at 182.89 MMT Global Production estimated at 181.18 MMT Rest of the world Rest of the 74.0 world selene) China_/ Thai 10.0 10.5 «" Brazil production forecast higher this season as favourable weather to boost sug
Slide 17: Indian Sugar Industry — SS 2021-22
Indian Sugar Industry — SS 2021-22 ¢ All India Sugar Production in SS 2021-22 stood at 360 lakh tonnes after considering diversion of 35 lakh Sugar tonnes of sugar equivalent to ethanol production Production/ Procurement * FRP of Sugar Cane for Sugar Season 22-23 fixed at Rs. 305 / Qtl for a base re
Slide 18: Indian Ethanol Play gets Stronger
Indian Ethanol Play gets Stronger Quantity Supplied (Ethanol) and % Blending Trends India has achieved the 10% Ethanol blending target in 12.0% | petrol The achievement of E10 resulted in additional revenue e 0% 5. A of about Rs 18,000 crores in revenue of sugar mills / 2. 0% distilleries which is l
Slide 19: 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 20: Contact Us
Contact Us 3 STELLAR Ms. Pooja Sharma / Ms. Amritha Poojari pooja.sharma@stellar-ir.com / amritha@stellar-ir.com B-612/A, Kanakia Wallstreet, Andheri (East), Mumbai
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