Corporate Briefing Session - Presentation

SINDH ABADGAR'S SUGAR MILLS LIMITED

Presented By:

Dr. Tara Chand - CEO Mr. Saqib Ghaffar - CFO

1. Brief History of the Company

2. Associated Companies

3. Management Profiles

4. Six Years Financial Results

5. Future Outlook

6. Question & Answers

   3

   BRIEF HISTORY OF THE COMPANY

   4

   COMPANY INTRODUCTION

   • Sindh Abadgar's Sugar Mills Ltd. was Incorporated on 28th January 1984 as a Public Limited Company and its shares are quoted on Pakistan Stock Exchange Limited.

   • The Company's Authorized Capital is Rs. 650.000 million and

     Paid up Capital is Rs.104.250 Million.

   • Principal activity of the Company is to manufacture and sale of white refined sugar of all grades and its by products.

   • The crushing capacity initially stood at 3,000 M.Tons per day gradually enhancing to 4,000 M.Tons per day and currently at standing 8,000 M.Tons per day.

5

Mr. Deoo Mal Essarani - Chairman / Director Dr. Tara Chand Essarani - Chief Executive Officer / Director Mr. Dileep Kumar - Director

Mr. Jugdesh Kumar - Director

Mr. Mohan Lal - Director

Dr. Besham Kumar - Director

Mr. Mahesh Kumar - Director

Mr. Muhammad Siddiq Khokar - Independent Director

Mr. Zafar Ahmad Ghori - Independent Director

Ms. Maheshwari Osha - Independent Director

6

MR. DEOO MAL ESSARANI

CHAIRMAN

The Board of Directors is headed by Mr. Deoo Mal Essarani, the Chairman of the Company. He is in fertilizer business since last 50 years and is one of the largest importers of fertilizer under the title of "UNITED AGRO CHEMICALS" of a well known brand name of "7 STARS" with an import of over Rs.14 Billion annually.

Besides taking over "SINDH ABADGAR'S SUGAR MILLS LIMITED" in 2005, Mr. Deoo Mal Essarani also owns two Textile Spinning Units of 36,000 Spindles and 40,000 Spindles established in the year 2000 & 2012.

In 2016, he acquired ethanol manufacturing plant with a capacity of 120,000 liters per day. This Company is operating under the title of "United Ethanol Industries Limited" located at Sadiqabad, Punjab.

In 2018 a second unit of sugar manufacturing namely "SGM Sugar Mills Limited" with a

capacity of 14,000 TCD per day located at Ghotki, Sindh has been taken over by him.

In 2025, a third unit of Sugar manufacturing namely "Ranipur Sugar Mills Private Limited" with a capacit of 8000 TCD located at Ranipur has been taken over by him.

Moreover, he is a well-known grower of sugarcane and other crops in the country. He is also involved in various trades in lower Sindh with vast resources.

7

DR. TARA CHAND ESSARANI

CHIEF EXECUTIVE OFFICER

DR. TARA CHAND ESSARANI is a medical doctor by profession. He joined the Board in 2005 and since then he has been imparting his skills and expertise in various departments and areas of the Company which proved to be an essential asset for the Company. With such an achievement the board nominated him as the Chief Executive of the Company in 2014. Currently, he is looking after the overall affairs and operations of the Company. He is an enthusiastic person continuously looking for establishing / acquiring new Projects and expanding the Group. He also established a trading Company "Agro Trade Pvt. Limited" which is one of the largest importers of Industrial Coal, wheat and grains. He has over 20 years of experience in the Trading & Industrial Sector.

8

MR. MAHESH KUMAR

EXECUTIVE DIRECTOR

MR. MAHESH KUMAR is an Executive Director of the company and hold the key responsibility of managing sales, banking & finance department. He is a graduate and has been a member of the Board since 2005. His proficiency and skills in Sales & Marketing accelerated the Company to develop and maintain the distribution network in the sector. Moreover, his negotiation skills and fruitful relationship with the banks facilitated the financial requirements of the Company.

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Mr. Dileep Kumar

He was elected as Director of the company in 2012. He is a graduate and possessed knowledge, experience in trading and other businesses. He is well versed with the company's operation.

Mr. Mohan Lal

He was elected as Director of The Company in 2005. He is a graduate and carries vast experience in agriculture farming which helps the company for procurement of better quality of Sugarcane with higher recovery. He also looks after the Mill's affairs of the Company.

Dr. Jugdesh Kumar

He was appointed as Director of the company in 2025 after the resignation of Mr. Pehlaj Rai. He is a medical doctor and looks after the packaging arm of the DM United Group.

Dr. Besham Kumar

He was elected as Director of the company in 2005. He is a medical doctor by profession. He has vast experience in trading of various commodities.

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Mr. Zafar Ahmed Ghori Chairman

Dr. Jugdesh Kumar Member

Mr. Dileep Kumar Member

Dr. Besham Kumar Member

11

Ms. Maheshwari Osha Chairman

Mr. Mohan Lal Member

Mr. Dileep Kumar Member

12

ASSOCIATED COMPANIES

1. United Agro Chemicals

2. SGM Sugar Mills Limited

3. United Ethanol Industries Limited

4. Agro Trade (Private) Limited

5. United Commodities (Private)

   Limited

6. Synergy Packaging (Private) Limited

7. Ranipur Sugar Mills (Private) Limited

8. Pakistan Corporate Restructuring Company

Ltd.

135

Mills Site

Deh: Deenpur,

Taluka, Bulri Shah Karim, Distt: Tando Muhammad Khan, Sindh-73024

Registered Office

209, 2nd Floor, Progressive Plaza, Beaumont Road, Karachi.

14

SIX YEARS FINANCIAL RESULTS 15

474,176

485,128

392,757

359,528

521,657

600,000

500,000

Volume (M. Tons)

405,205

400,000

300,000

200,000

100,000

0

16

56,855

37,614

60,000

52,507

51,529

50,000

40,450

39,645

40,000

M. Tons

30,000

20,000

10,000

0

2020 2021 2022 2023 2024 2025

Years

17

22,574

23,320

18,800

17,825

25,000

20,723

Quantity in M. Tons

20,000

16,620

15,000

10,000

5,000

-

2020 2021 2022 2023 2024 2025

Year

18

5,534,665,598

5,766,181,054

7,000,000,000

6,195,776,071

6,000,000,000

5,000,000,000

Rupees

3,392,097,376

4,000,000,000

3,025,752,336

3,000,000,000

2,253,713,462

2,000,000,000

1,000,000,000

-

2020 2021 2022 2023 2024 2025

Year

19

SUGAR SELLING PER KG(LOCAL) NET OF SALES TAX

110.52

115.62

74.56

140.00

120.00

87.44

100.00

83.24

Rs. Per KG

80.00

65.65

60.00

40.00

20.00

-

2020 2021 2022 2023 2024 2025

Year

20

151.85

163.64

180.00

162.69

160.00

140.00

120.00

Rs. Per KG

100.00

80.00

60.00

40.00

20.00

-

-

-

-

2020 2021 2022 2023 2024 2025

Years

21

490

269

289

600

515

500

Rate per 40KGs (Rs.)

341

400

314

300

200

100

-

2020 2021 2022 2023 2024 2025

Year

22

GROSS PROFIT MARGIN %

8.61%

9.50%

3.53%

2.82%

25.00%

20.47%

20.00%

Percentage

15.00%

10.00%

7.12%

5.00%

0.00%

2020 2021 2022 2023 2024 2025

Years

23

MANUFACTURING OVERHEADS EXCLUDING DEPRECIATION

475,296,595

437,799,836

383,445,519

227,249,886

231,235,608

500,000,000

450,000,000

400,000,000

350,000,000

302,375,964

Amout (Rs.)

300,000,000

250,000,000

200,000,000

150,000,000

100,000,000

50,000,000

-

2020 2021 2022 2023 2024 2025

Year

24

ADMINISTRATIVE EXPENSES EXCLUDING DEPRECIATION & BAD DEBTS

EXPENSES

153,161,491

145,976,625

118,157,824

104,891,737

98,194,130

91,364,798

180,000,000

160,000,000

140,000,000

120,000,000

Rupees

100,000,000

80,000,000

60,000,000

40,000,000

20,000,000

-

2020 2021 2022 2023 2024 2025

Year 25

SELLING EXPENSES EXCLUDING EXPORT EXPENSE

6,894,968

6,310,821

6,485,593

5,644,932

4,937,425

4,902,994

8,000,000

7,000,000

6,000,000

5,000,000

Rupees

4,000,000

3,000,000

2,000,000

1,000,000

-

2020 2021 2022 2023 2024 2025

Year

26

FINANCIAL COST

572,756,427

384,181,260

279,839,136

260,205,586

164,982,603

161,926,469

700000000

600000000

500000000

Rupees

400000000

300000000

200000000

100000000

0

2020 2021 2022 2023 2024 2025

Year

27

PROFIT / (LOSS) AFTER TAXATION

373,368,657

139,972,305

2022

(40,940,073)

2023

2024

2025

(80,156,086)

(165,396,500)

(296,408,096)

500,000,000

400,000,000

300,000,000

200,000,000

Rupees

100,000,000

-(100,000,000)

(200,000,000)

(300,000,000)

(400,000,000)

Year

28

EARNING/(LOSS) PER SHARE

40.00

35.81

30.00

20.00

10.00

13.43

-

(10.00)

(7.69)

2022 2023

(3.93)

2025

(20.00)

(15.87)

(30.00)

(28.43)

(40.00)

29

DIVIDEND PAYOUT

20%

20%

0%

0%

0%

0%

25%

20%

Percentage

15%

10%

5%

0%

2020 2021 2022 2023 2024 2025

Year

30

CURRENT RATIO

1.59

1.08

1.06

1.04

1.07

0.97

1.80

1.60

1.40

1.20

Time

1.00

0.80

0.60

0.40

0.20

-

2020 2021 2022 2023 2024 2025

Year

31