Avadh Sugar & Energy Limited

Rs 712

Q4FY25 Q4FY24 FY25 FY24 Q4FY25 Q4FY24 FY25 FY24 Revenue Breakup (Rs Cr) Commentary Sugar Rs 712 Cr Q4FY25 Rs 2557 Cr FY25  Profitability in Q4FY25 increased by 47%, driven by higher margins on

Rs 2557

25 FY24 Q4FY25 Q4FY24 FY25 FY24 Revenue Breakup (Rs Cr) Commentary Sugar Rs 712 Cr Q4FY25 Rs 2557 Cr FY25  Profitability in Q4FY25 increased by 47%, driven by higher margins on sugar sales, despit

47%

s Cr) Commentary Sugar Rs 712 Cr Q4FY25 Rs 2557 Cr FY25  Profitability in Q4FY25 increased by 47%, driven by higher margins on sugar sales, despite lower crushing volumes and reduced recovery. 

15%

despite lower crushing volumes and reduced recovery.  Sugar sales value in Q4FY25 increased by 15%, driven by higher market prices. Distillery Rs 141 Cr Q4FY25 Rs 485 Cr FY25  Ethanol sales vol

Rs 141

very.  Sugar sales value in Q4FY25 increased by 15%, driven by higher market prices. Distillery Rs 141 Cr Q4FY25 Rs 485 Cr FY25  Ethanol sales volumes increased by 21% in Q4FY25; however, for the full

Rs 485

es value in Q4FY25 increased by 15%, driven by higher market prices. Distillery Rs 141 Cr Q4FY25 Rs 485 Cr FY25  Ethanol sales volumes increased by 21% in Q4FY25; however, for the full year FY25, volume

21%

market prices. Distillery Rs 141 Cr Q4FY25 Rs 485 Cr FY25  Ethanol sales volumes increased by 21% in Q4FY25; however, for the full year FY25, volumes declined by 17% due to a shortage of molasses.

17%

nol sales volumes increased by 21% in Q4FY25; however, for the full year FY25, volumes declined by 17% due to a shortage of molasses. This shortfall was a result of the government’s policy decision to

32%

n of sugar to sugarcane juice and B-heavy molasses during ESY 2023-24.  Profitability declined by 32% in Q4FY25 and 48% in FY25, primarily due to lower margin on account of higher transfer price of R

48%

rcane juice and B-heavy molasses during ESY 2023-24.  Profitability declined by 32% in Q4FY25 and 48% in FY25, primarily due to lower margin on account of higher transfer price of Raw Material. Powe

Rs 98

FY25, primarily due to lower margin on account of higher transfer price of Raw Material. Power Rs 98 Cr Q4FY25 Rs 190 Cr FY25  Profitability in Q4FY25 and FY25 increased by 8% and 41% respectively,

Rs 190

due to lower margin on account of higher transfer price of Raw Material. Power Rs 98 Cr Q4FY25 Rs 190 Cr FY25  Profitability in Q4FY25 and FY25 increased by 8% and 41% respectively, driven by the conv

“• Fair and Remunerative Price (FRP) of sugarcane for sugar season 2025-26 fixed at Rs.355 per quintal linked to the base recovery rate of 10.25% Key highlights of the Sugar (Control) order 2025 • Raw sugar and Khandsari sugar are now included in the total sugar stock • Khandsari units with a crushing capacity of more than 500 TCD are now required to pay the Fair and Remunerative Price (FRP) to farmers and will be brought under regulatory oversight.”

“Avadh Sugar & Energy Ltd | 10 Distillery Segment – Q4 & FY25 Performance Particulars Revenue PBIT Production Sales Avg.”

“(B) Closing Stock Unit Rs Cr Rs Cr Lac Litres Lac Litres Rs/ Litres Lac Litres Q4FY25 Q4FY24 141.27 19.02 117.21 28.18 278 223 61 65 231 183 61 102 YoY (%) 20.53% -32.51% 20.35% 21.86% - -36.27% FY25 484.88 63.20 736 772 61 65 FY24 585.88 122.55 991 951 61 102 YoY (%) -17.24% -48.43% -25.73% -18.82% - -36.27% Avadh Sugar & Energy Ltd | 11 Ethanol- Industry Outlook • • • As on 31 March 2025 OMC have secured around 369.54 Cr.”

“Avadh Sugar & Energy Ltd | 12 Co-Gen Q4 & FY25 Performance Particulars Revenue PBIT Generation Sales to Grid Avg.”

“The Implementation is progressing satisfactorily and will be completed before the start of Sugar Season 2025-26 De-bottlenecking of Seohara Plant crushing capacity from 10000 TCD to 12000 TCD on ‘C’ Crushing.”

“FY25 154 (99) (53) 2 1 3 FY24 (77) (70) 147 - * 1 1 Avadh Sugar & Energy Ltd | 17 Company Overview Company Overview Avadh Sugar & Energy Ltd incorporated in 1932 (Group in Sugar Business over 9 decades), pursuant to the scheme of merger and demerger this company formed in 2015, Manufacturing Sugar, Ethanol and Power.”

“The Implementation is progressing satisfactorily and will be completed before the start of Sugar Season 2025-26 • Seohara - De-bottlenecking of Seohara Plant crushing capacity from 10000 TCD to 12000 TCD on ‘C’ Crushing.”

Government Recent announcement

1

Government Decision Awaited

1

Government Recent Announcement

1

Credit Rating

1

Government Recent announcement

• On 20 January 2025,the Government of India announced export quota of One Million ton of Sugar for Sugar Season 2024-25. The Company has received allocation of 17,377 ton as its export quota. • Fair and Remunerative Price (FRP) of sugarcane for sugar season 2025-26 fixed at Rs.355 per quintal linked to the base recovery rate of 10.25% Key highlights of the Sugar (Control) order 2025 • Raw sugar and Khandsari sugar are now included in the total sugar stock • Khandsari units with a crushing capacity of more than 500 TCD are now required to pay the Fair and Remunerative Price (FRP) to farmers and will be brought under regulatory oversight. • By-products will also be regulated to ensure adequate availability of sugar for domestic consumption.

Government Decision Awaited

• The government is yet to take a decision on the implementation of an integrated pricing framework aimed at linking the Fair and Remunerative Price (FRP) of sugarcane with the Minimum Selling Price (MSP) of sugar and the pricing of ethanol. Avadh Sugar & Energy Ltd | 10 Distillery Segment – Q4 & FY25 Performance Particulars Revenue PBIT Production Sales Avg. Real. (B) Closing Stock Unit Rs Cr Rs Cr Lac Litres Lac Litres Rs/ Litres Lac Litres Q4FY25 Q4FY24 141.27 19.02 117.21 28.18 278 223 61 65 231 183 61 102 YoY (%) 20.53% -32.51% 20.35% 21.86% - -36.27% FY25 484.88 63.20 736 772 61 65 FY24 585.88 122.55 991 951 61 102 YoY (%) -17.24% -48.43% -25.73% -18.82% - -36.27% Avadh Sugar & Energy Ltd | 11 Ethanol- Industry Outlook • • • As on 31 March 2025 OMC have secured around 369.54 Cr. ltr. of Ethanol, Sugar Sector contributed around 49% and balance 51% by Grain Sectors. The price of C-heavy derived ethanol has been increased by Rs. 1.69/ltr, from Rs. 56.28/ltr to Rs. 57.97/ltr. Bending

Government Recent Announcement

(Values in Rs Cr) ; Source - ISMA Maize, 49% Sugarcane Juice, 19% B Heavy Molasses, 13% C Heavy Molasses, 1% Damaged Food Grains, 11% Surplus FCI Rice, 7% In ESY 2024-25, Prices of C based ethanol has been revised to Rs. 57.97 per litre from Rs. 56.28 per litre but no revision in price of B based and Cane Juice based ethanol. Avadh Sugar & Energy Ltd | 12 Co-Gen Q4 & FY25 Performance Particulars Revenue PBIT Generation Sales to Grid Avg. Real Unit Rs Cr Rs Cr Lac Units Lac Units Rs/ Unit Q4FY25 Q4FY24 YoY (%) 98.27 14.28 1115 662 3.40 83.31 13.25 1194 855 3.42 17.96% 7.78% -6.62% -22.57% -0.58% FY25 189.52 14.65 2117 1175 3.37 FY24 200.63 10.39 2695 1741 3.40 YoY (%) -5.54% 41.00% -21.45% -32.51% -0.88% Avadh Sugar & Energy Ltd | 13 Annual Financials Profit & Loss Highlights Particulars (Rs Cr) Q4FY25 Q4FY24 Total Income Raw Material Cost Employee Cost Other Expenditure EBIDTA Depreciation PBIT Interest Profit Before Tax Tax Profit After Tax EPS (Rs) * Not annualised 678 427 35 67 149

Credit Rating

A+ Avadh Sugar & Energy Ltd | 19 Robust Capacity, Integrated Operations, Located Strategically 1. Seohara (West UP) 2. Rosa (Central UP) 3. Hargaon (Central UP) 4. Hata (East UP) Hargaon Seohara Hata Rosa Total SUGAR (TCD) 13,000* 10,000* 7,000 4,800 34,800 DISTILLERY (KLPD) 200 125 - - 325 • Hargaon - Increase in Sugar Cane Crushing Capacity from 10000 to 13000 TCD and improvement in energy efficiency by saving steam consumption at Hargaon Unit. The Implementation is progressing satisfactorily and will be completed before the start of Sugar Season 2025-26 • Seohara - De-bottlenecking of Seohara Plant crushing capacity from 10000 TCD to 12000 TCD on ‘C’ Crushing. 2.9 Lac Famers Connected 6 States Distribution Avadh Sugar & Energy Ltd | 20 Shareholders Information Shareholder Information FII / FPI 2% NRI / Foreign Nationals 1% Others 8% BSE Ticker NSE Symbol Market Cap (Rs. Cr.) Free-float (%) Free Float Market Cap (Rs. Cr.) Shares Outstanding (Cr.) Industry 540649 AVADHSUGAR 897.30 39.