Avadh Sugar & Energy Ltd

Avadh Sugar & Energy Ltd — Trading Window Closure from October 01, 2026 till 48 hours after declaration of financial results for the quarter ending September 30, 2026

Business Overview

• Avadh Sugar & Energy manufactures sugar, ethanol, and power.
• Core strategy focuses on ethanol blending and value-added products.
• Located in Uttar Pradesh with strong farmer relationships supporting cane supply.
• Capacity: Sugar 34,800 TCD; Distillery 325 KLPD; Co-generation 74 MW.

Operational Highlights

• Q1FY27 sugar sales volume rose 10%; sugar realisations up 2%.
• EBITDA grew 34% YoY; revenue up 9% in Q1FY27.
• PAT turned positive in Q1FY27.
• Ethanol blending reached 20% by 30 Jun 2026; ESY allocations to Avadh: 7.54 Cr Ltrs allocated; 6.37 Cr Ltrs supplied.
• Dividend for 2025-26: Rs 10 per share, 100% dividend paid on 1 Aug 2026.

Financial Performance

• Total Income 781.05 Cr; YoY growth 9%.
• Raw Material Cost 675.40 Cr.
• EBITDA 38.25 Cr; YoY growth 34%.
• Interest 22.30 Cr; YoY (down 15%).
• Cash Profit 15.95 Cr; YoY 565%.
• Depreciation 15.58 Cr.
• PAT 0.24 Cr; prior period loss 8.41 Cr.
• EPS 0.12 Rs.

Capital Structure & Liquidity

• Avg cost of long-term borrowings 7.98%.
• Avg cost of short-term borrowings 6.65%.
• Dividend paid for FY26 and approved by shareholders.

Strategic Priorities & Outlook

• Ethanol blending remains a key growth lever; 20% blending achieved by Jun-2026.
• Policy roadmap for beyond E20 under consideration by NITI Aayog.
• Flexible feedstock and integration with sugar support margin visibility.
• Co-gen and distillery segments to underpin growth and cash flow.

Risks & Mitigation

• Monsoon variability and El Niño risk affecting cane supply.
• Delays in export permissions and regulatory interventions on sugar prices.
• Ethanol pricing revisions and FRP/SAP policy changes.

Governance & Leadership

• Dividend for 2025-26 paid; Board recommended and shareholders approved.

Financial highlights

• Total Income for Q1 FY27: Rs. 781.05 Cr versus Rs. 716.91 Cr in Q1 FY26.
• EBITDA for Q1 FY27: Rs. 38.25 Cr, up from Rs. 28.53 Cr in Q1 FY26.
• PAT for Q1 FY27: Rs. 0.24 Cr, vs Rs. -8.41 Cr in Q1 FY26.

Management commentary

• Integrated sugar-ethanol operations delivered growth in distillery and ethanol segments.
• Company focuses on asset optimisation and prudent capital allocation to drive long-term value.

Meeting Details

• Board meeting scheduled for 3 August 2026; time and venue not disclosed.

Key Agenda Items

• Consider and approve the unaudited financial results for the quarter ended 30 June 2026.

Dematerialisation processing and ownership update

• The registrar/transfer agent confirmed processing dematerialisation requests; securities listed on exchanges.
• Dematerialisation certificates were mutilated and cancelled; depository name substituted as registered owner within timelines.