Avadh Sugar & Energy Limited

rs. 5

ion, focusing on sustained growth and resilience, attracting aligned professionals and stakeholders. 5 Financial Snapshot – Q2 & H1 FY26 Revenue (Rs Cr) Sugar Realisation (Rs per Qtls.) 1385 1,340 3

Rs 3,756

Sugar Sales Sugar Realisation Sugar Recovery (Average) Sugar Inventory * Sugar Stock Valued at Rs 3,756 per quintal. Unit Rs Cr Rs Cr Lac Qtls Lac Qtls Lac Qtls Rs / Qtls % Lac Qtls Q2FY26 Q2FY

Rs. 355

t announcement: • Fair and Remunerative Price (FRP) of Sugarcane for sugar season 2025-26 fixed at Rs. 355 per quintal linked to based recovery rate of 10.25%. • The Uttar Pradesh Government increased the S

10.25%

of Sugarcane for sugar season 2025-26 fixed at Rs. 355 per quintal linked to based recovery rate of 10.25%. • The Uttar Pradesh Government increased the State-Advised Price (SAP) of sugarcane for the 2025-

Rs. 30

Government increased the State-Advised Price (SAP) of sugarcane for the 2025-26 crushing season by Rs. 30 per quintal, setting it at Rs. 400 per quintal for early varieties and Rs. 390 per quintal for gen

Rs. 400

vised Price (SAP) of sugarcane for the 2025-26 crushing season by Rs. 30 per quintal, setting it at Rs. 400 per quintal for early varieties and Rs. 390 per quintal for general varieties. Key highlights of

Rs. 390

crushing season by Rs. 30 per quintal, setting it at Rs. 400 per quintal for early varieties and Rs. 390 per quintal for general varieties. Key highlights of the Sugar (Control) order 2025: • Raw sugar a

34.35 million

Sugar Mills Association (ISMA), gross sugar production for the Sugar Season 2025–26 is projected at 34.35 million metric tonnes (MMT). With an estimated 3.40 MMT diverted towards ethanol production, the net suga

19.17%

0.73 57 231 47 297 376 60.73 22 11 Ethanol- Industry Outlook Ethanol blending has reached 19.17% as on 30th September 2025, on course to achieve target of 20%. The latest details of ethanol blendi

20%

look Ethanol blending has reached 19.17% as on 30th September 2025, on course to achieve target of 20%. The latest details of ethanol blending are as below: No. Particulars 1 2 3 4 Total Requirem

rs 1

ourse to achieve target of 20%. The latest details of ethanol blending are as below: No. Particulars 1 2 3 4 Total Requirements by OMCs Total Qty Contracted Total Lifting Blending % UOM Cr. Ltrs.

10.02%

-22 ESY 22-23 ESY 23-24 ESY 24-25 459 457 408 600 574 506 825 717 707 1206 1132 905 10.02% 12.00% 14.60% 19.17% OMCs floats Tender for ESY 2025-26 Details of Tender received and allocate

“• 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.”

“10 Distillery Segment – Q2 & H1 FY26 Performance Particulars Revenue PBIT Production Sales Avg.”

“(B) Closing Stock Unit Rs Cr Rs Cr Lac Litres Lac Litres Rs/ Litres Lac Litres Q2FY26 Q2FY25 H1FY26 H1FY25 120 12 187 197 60.73 57 102 20 126 166 60.73 22 285 30 457 464 60.73 57 231 47 297 376 60.73 22 11 Ethanol- Industry Outlook Ethanol blending has reached 19.17% as on 30th September 2025, on course to achieve target of 20%.”

“Feed stock Tender Allocated Sugarcane Juice B Heavy Molasses C Heavy Molasses Damaged Food Grains Surplus FCI Rice & Maize Grand Total 299 159 14 76 1228 1776 166 111 12 48 713 1050 Surplus FCI Rice & Maize, 68% Total Quantity Allocated Sugarcane Juice, 16% B Heavy Molasses, 11% C Heavy Molasses, 1% Damaged Food Grains, 5% 12 Co-Gen Q2 & H1 FY26 Performance Particulars Revenue PBIT Generation Sales to Grid Avg.”

Government Recent announcement

1

Industry Requests Government

1

Industries Updates

1

Credit Rating

1

Government Recent announcement

• Fair and Remunerative Price (FRP) of Sugarcane for sugar season 2025-26 fixed at Rs. 355 per quintal linked to based recovery rate of 10.25%. • The Uttar Pradesh Government increased the State-Advised Price (SAP) of sugarcane for the 2025-26 crushing season by Rs. 30 per quintal, setting it at Rs. 400 per quintal for early varieties and Rs. 390 per quintal for general varieties. 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.

Industry Requests Government

• Revision of Minimum Selling Price (MSP) of Sugar based on FRP of Sugarcane. • Revision of Ethanol Price.

Industries Updates

• The Uttar Pradesh Sugar Mills Association (UPSMA) has flagged that the SAP hike will raise production costs significantly, and in context of weak sugar recovery and surplus stocks, margins could be squeezed. • As per advance estimates by the Indian Sugar Mills Association (ISMA), gross sugar production for the Sugar Season 2025–26 is projected at 34.35 million metric tonnes (MMT). With an estimated 3.40 MMT diverted towards ethanol production, the net sugar availability is expected to be 30.95 MMT. 10 Distillery Segment – Q2 & H1 FY26 Performance Particulars Revenue PBIT Production Sales Avg. Real. (B) Closing Stock Unit Rs Cr Rs Cr Lac Litres Lac Litres Rs/ Litres Lac Litres Q2FY26 Q2FY25 H1FY26 H1FY25 120 12 187 197 60.73 57 102 20 126 166 60.73 22 285 30 457 464 60.73 57 231 47 297 376 60.73 22 11 Ethanol- Industry Outlook Ethanol blending has reached 19.17% as on 30th September 2025, on course to achieve target of 20%. The latest details of ethanol blending are as below: No. Part

Credit Rating

A+ 19 Robust Capacity, Integrated Operations, Located Strategically 1. Seohara (West UP) 2. Rosa (Central UP) 3. Hargaon (Central UP) 4. Hata (East UP) SUGAR (TCD) DISTILLERY (KLPD) Hargaon Seohara Hata Rosa Total 13,000 10,000 7,000 4,800 34,800 200 125 - - 325 • Hargaon - Implementation of Increase in Sugar Cane Crushing Capacity from 10000 to 13000 TCD and improvement in energy efficiency by saving steam consumption at Hargaon Unit has been completed and operational. • Seohara - De-bottlenecking of Plant crushing capacity from 10000 TCD to 12000 TCD on ‘C’ Crushing has also been completed and operational. 2.9 Lac Famers Connected 6 States Distribution 20 Shareholders Information Shareholder Information Shareholding Pattern BSE Ticker NSE Symbol Market Cap (Rs. Cr.) Free-float (%) Free Float Market Cap (Rs. Cr.) Shares Outstanding (Cr.) Industry 540649 AVADHSUGAR 838.77 39.61% 332.24 2 Sugar NRI / Foreign Nationals, 1% Others, 9% FII / FPI, 2% Individual / HUF, 28% Promoters, 60% 21