Presentation Corporate Briefing Session - FY-2025

Sakrand Sugar Mills Limited

Financial Year Ended September 30, 2025

Corporate Briefing Session Financial Year -2025

You are Cordially Invited to the Corporate Briefing Session Of Sakrand Sugar Mills Limited (SSML) wherein the Company's Senior Management shall Present the Company's Financial performance and outlook.

Presented By

Mr. Syed Zameer Haider Jaffri Mr. Muhammad Imran Akber

Chief Financial Officer Company Secretary

Mr. Mansoor Afzal Subzwari Chief Executive Officer

You can join session via zoom link

Zoom link will be shared to the members via email

Note : Link will only be shared those members whose details received as per the given format.

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IMPORTANT DISCLAIMER

THIS PRESENTATION IS NOT AN OFFER OR SOLICITATION OF AN OFFER TO BUY OR SELL ANY SECURITIES OR ANY INVESTMENT.

This presentation has been prepared by Sakrand Sugar Mills Limited {"Sakrand Sugar Mills"} solely for information purposes. No representation or warranty express or implied is made thereto. And no reliance should be placed on the fairness, accuracy, sufficiency, completeness or correctness of the information or any opinion contained herein, or any opinion rendered thereto. The information contained in this presentation should be considered in the context of the circumstances prevailing at the time and will not be updated to reflect any developments that may occur after the date of the presentation. Neither Sakrand Sugar Mills Limited nor any of its affiliates. officials, advisors, associates, employees, or any person working for, under or on behalf, shall have the responsibility and/or liability of any nature whatsoever (in contract or otherwise) for any loss whatsoever arising from any use of this presentation or its contents or otherwise arising in connection with this presentation.

This presentation does not constitute or form part of a prospectus, offering circular, or offering memorandum or an offer, solicitation, invitation, or recommendation to purchase or subscribe for any securities and no part of it shall form the basis of, or be relied upon in connection with, or act as any inducement to enter into any arrangement, agreement. contract, commitment, or investment decision in relation to any securities. This presentation shall not at all be intended to provide any disclosure upon which an investment decision could be made. No money, securities or other consideration is being solicited, and, if sent in response to this presentation or the information contained herein, will not be accepted.

The presentation may contain statements that reflect Sakrand Sugar Mills Limited own beliefs. These information are based on a number of assumptions, which are beyond Sakrand Sugar Mills Limited control. Such information represents, in each case, only one of many possible scenarios and should not be viewed as the most likely or standard scenario. Such information is subject to certain risks and uncertainties that could cause actual results to differ materially from those contemplated by the relevant information. Sakrand Sugar Mills Limited does not undertake any obligation to update any of such information to reflect events that occur or circumstances that arise after the date this presentation and it does not make any representation, warranty (whether express or implied) or prediction that the results anticipated by such information will be achieved. In addition, past performance should not be taken as an indication or guarantee of future results.

Certain data in this presentation was obtained from various external data sources that Sakrand Sugar Mills Limited believes to the best of its knowledge and information to be reliable, but Sakrand Sugar Mills Limited has not verified such data with independent sources and there can be no assurance, representation or warranty as to the accuracy, sufficiency, correctness or completeness of the included data. Accordingly, Sakrand Sugar Mills Limited makes no assurance, representation or warranty as to the accuracy; sufficiency, correctness or completeness that data, and such data involves risks and uncertainties and is subject to change based on various factors.

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CONTENTS

1. Introduction

2. Company Information

3. Business & Financial Analysis 04 Operational Highlights

1. Future Outlooks

   
   
   

2. Question & Answer Session

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Molasses

Products

Bagasse

Sakrand Sugar Mills Limited was incorporated in Pakistan as a public limited company under the Companies Ordinance, 1984 [Repealed with the enactment of Companies Act, 2017], on March 02, 1989, and its shares are quoted on Pakistan Stock Exchange.

The registered office of the Company is situated at 41-K, Block-6, P.E.C.H.S, Karachi while the Company's mill is situated at Deh Tharo Unar, Taluka Sakrand, District Shaheed Benazirabad, Sindh, Pakistan, having an area of

102.18 acres.

Sugar

Fertilizer

Mud

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BOARD OF DIRECTORS

Mr. Saleem Zamindar Chairman / Director

Mr. Dinshaw H. AnKlesaria Director Mr. Mansoor Afzal Subzwari Director Miss. Sadia Moin Director Mr. Muhammad Saleem Mangrio Director Mr. Abdul Qayyum Khan Abbasi Director Mr. Muhammad Omar Arshid Director

AUDIT COMMITTEE

Mrs. Sadia Moin Chairperson

Mr. Saleem Zamindar Member Mr. Muhammad Omar Arshid Member

HR COMMITTEE

Mr. Abdul Qayyum Khan Abbasi Chairman Mr. Muhammad Omar Arshid Member

CHIEF EXECUTIVE OFFICER

Mr. Mansoor Afzal Subzwari

CHIEF FINANCIAL OFFICER

Mr. Syed Zameer Haider Jaffri

COMPANY SECRETARY

Mr. Muhammad Imran Akber

STATUTORY AUDITOR

Parker Russell A.J.S Chartered Accountants

REGISTRAR

M/s. JWAFFS Registrar Services (Pvt.) Ltd. Office # 20, Akray Square Extension, New Chali Raod, Saddar, Karachi-74400

Mr. Mansoor Afzal Subzwari Member

LEGAL ADVISOR

Mr. Muhammad Jameel Choudhry

REGISTERED OFFICE

https://www.Sakrandsugar.com

https://www.sakrandsugar.com

41-K, Block-6, P.E.C.H.S., Karachi Phone : 0092-21-35303291-2

FACTORY ADDRESS

Deh Tharo Unar, Taluka Sakrand District Shaheed Benazir Abad, Sindh

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KEY CHANGE IN MANAGMENT AFTER ELECTION HELD ON SEPTEMBER 15, 2025

BOARD OF DIRECTORS

Mr. Saleem Zamindar Re-Elected

Mr. Dinshaw H. AnKlesaria Re-Elected Mr. Mansoor Afzal Subzwari Re-Elected Mrs. Sadia Moin Re-Elected Mr. Muhammad Saleem Mangrio Re-Elected Mr. Abdul Qayyum Khan Abbasi Re-Elected Mr. Muhammad Omar Arshid Re-Elected

HR COMMITTEE

Mr. Abdul Qayyum Khan Abbasi Re-appointed-

Chairman

Mr. Muhammad Omar Arshid Re-appointed-

Member

Mr. Mansoor Afzal Subzwari Appointed -Member

CHAIRMAN OF THE BOARD

Mr. Saleem Zamindar - Re-apointed

AUDIT COMMITTEE

Mrs. Sadia Moin Reappointed -Chairperson

Mr. Saleem Zamindar Re-appointed-Member

Mr. Muhammad Omar Arshid Appointed-

Member

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BUSINESS & FINANCIAL ANALYSIS

The Company has the crushing capacity of 6,500 TCD, The annual cane crushing volumes and capacity utilization over the years are outlined as follows:

Cane Crushed

Capacity Attained

The company is exhibiting a steady recovery, as evidenced by the improvement in capacity utilization to 30.33% in 2024 and 32.40% in 2025, and crishing volume 257,489 in 2024 and 289,400 in 2025, with management expressing confidence in maintaining and further strengthening this positive trajectory.

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FINANCIAL RESULTS & OVERVIEW

The key financial figures of the Company for the year ended September 30, 2025 along with the comparatives for the corresponding year are summarized as under:

Rupees in million

The company's financial performance for the year 2024-2025 demonstrates a marked improvement over the previous period. Net sales increased to Rs. 3,849.26 million from Rs. 3,335.74 million, supported by a modest increase in production levels. This improvement enabled the company to record a gross profit of Rs. 135.24 million, reversing the gross loss reported in the prior year. The company achieved a profit before taxation of Rs. 30.92 million, primarily driven by the export of sugar at favorable prices, as the company successfully fulfilled and exported its allocated quota. This turnaround was underpinned by effective management planning, enhanced operational efficiency, and disciplined cost control measures. While recovery levels were affected by quality-related challenges, the company effectively mitigated these impacts through efficient procurement practices and prudent cost management. Although the year concluded with a loss after taxation, the overall results reflect a strengthening of operational performance and improved financial discipline compared to the previous period.

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GRAPHICAL HIGHLIGHTS

Product wise Sales Ratio

OPERATIONAL HIGHLIGHTS

OPERATING RESULTS & Overview

The Operational Performance for the period under review as compared with that last year's corresponding period is tabulated hereunder;

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Last Six Vear Molasses Recovery Ratio

M O LASS E S R EC OVE RY

OA

2025 2024 2022 2C 21 2020

FUTURE OUTLOOK

DE-REGULATION OF THE SUGAR INDUSTRY

The sugar industry is poised for structural transformation as Pakistan moves toward full deregulation, a major policy shift aimed at transitioning the sector into a market-driven, competitive industry. The government has taken key decisions under structural reform commitments, including the planned withdrawal of state intervention in pricing, licensing, and trade controls, shifting these to market forces and allowing supply and demand to determine sugar and sugarcane pricing rather than government mandates. Deregulation proposals include ending minimum support price mechanisms, lifting restrictions on the establishment of new sugar mills, abolishing export and import bans, and removing formal price controls across the value chain as part of a new National Sugar Policy targeted for finalization by mid-2026.

This policy envisages a step-by-step transition:

1. elimination of government pricing and quota controls

2. liberalization of sugar trade including exports and imports;

3. revision of licensing and zoning restrictions to encourage investment; and

4. strategic buffer stock management by the Trading Corporation of Pakistan only for emergency supply assurance. The overarching aim is to enhance efficiency, boost production and exports, strengthen private sector participation, and provide better price signals for farmers and industry alike, while aligning with broader economic reforms under Pakistan's IMF programme.

BY PRODUCT

In addition to improvements in core sugar operations, the Company has revived its fertilizer segment, with increaed in sales of fertilzer in financial year 2024-2025 following operational stabilization. Management expects a gradual scaling up of fertilizer production and sales in the coming year, which is anticipated to have a positive impact on the Company's profitability and help offset volatility in the sugar segment. Furthermore, the Company is actively advancing work on its pellets plant and related production, which is expected to generate additional surplus from by-products, improve resource utilization, and further strengthen the Company's overall financial performance in the medium to long term.

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