Integrated Filing — IndAS



General information about company

Scrip Code 590062
NSE Symbol ANDHRSUGAR
MSEI Symbol NA
ISIN INE715B01021
Name of company THE ANDHRA SUGARS LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 05-11-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 21-10-2025
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Second quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 05-11-2025   11:15:00
End date and time of board meeting 05-11-2025   13:05:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 59,746.01 1,19,725.11
Other income 682.89 1,468.22
Total income 60,428.90 1,21,193.33
2 Expenses
(a) Cost of materials consumed 30,542.98 61,760.58
(b) Purchases of stock-in-trade 137.59 137.59
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 4,030.25 7,658.46
(d) Employee benefit expense 4,582.89 9,353.11
(e) Finance costs 65.87 129.64
(f) Depreciation, depletion and amortisation expense 2,062.22 4,045.93
(f) Other Expenses
1 Power and Fuel 8,334.92 16,916.87
2 Other Expenses 6,608.75 12,963.77
Total other expenses 14,943.67 29,880.64
Total expenses 56,365.47 1,12,965.95
3 Total profit before exceptional items and tax 4,063.43 8,227.38
4 Exceptional items 308.16 (132.01)
5 Total profit before tax 4,371.59 8,095.37
6 Tax expense
7 Current tax 758.04 1,659.22
8 Deferred tax 330.75 415.54
9 Total tax expenses 1,088.79 2,074.76
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 3,282.80 6,020.61
12 Profit (loss) from discontinued operations before tax 0.00 5.21
13 Tax expense of discontinued operations 0.00 1.22
14 Net profit (loss) from discontinued operation after tax 0.00 3.99
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 73.39 (214.70)
16 Total profit (loss) for period 3,356.19 5,809.90
17 Other comprehensive income net of taxes (160.90) (99.57)
18 Total Comprehensive Income for the period 3,195.29 5,710.33
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 3,267.48 5,617.24
Total profit or loss, attributable to non-controlling interests 88.71 192.66
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 3,130.37 5,520.01
Total comprehensive income for the period attributable to owners of parent non-controlling interests 64.92 190.32
21 Details of equity share capital
Paid-up equity share capital 2,711.01 2,711.01
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 2.41 4.14
Diluted earnings (loss) per share from continuing operations 2.41 4.14
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 2.41 4.14
Diluted earnings (loss) per share from continuing and discontinued operations 2.41 4.14
24 Debt equity ratio 0 0
25 Debt service coverage ratio 0.2400 0.2400
26 Interest service coverage ratio 0.6100 0.6100
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1.The unaudited financial results of the Company have been prepared in accordance with the Indian Accounting Standards (Ind As) as prescribed under section 133 of the Companies Act 2013 read with the Companies (Indian Accounting Standard) Rules, 2015 (as amended). 2.The Increase in Turnover is mainly on account of increase in the selling prices of Castic Soda and Sulphuric Acid. 3.Exceptional item for the three months ended 30th June 2025 and Six Months Ended 30th September 2025 is on account of expenses incurred towards Voluntary Retirement Scheme (VRS) announced by the Company in Sugar units and Co-Generation Unit. The exceptional item for the three months ended 30th September 2025 include income of Rs. 308.16 Lakhs towards true down charges as per the True up of Fuel and Power Purchase Cost Adjustment (FPPCA) Order for the financial year 2024-25 issued by the Andhra Pradesh Electricity Regulatory Commission. Exceptional items for the Year ended 31st March 2025 include : a) an amount of Rs.197.37 Lakhs (Rs. 104.53 Lakhs for three months ended 31st March 2025) towards provision for Impairment of assets at Power Generation Unit at Tanuku and b) Rs.2285.13 Lakhs towards provision on account of FPPCA charges demand raised by DISCOMS. 4.In respect of Associate (APL), During the Financial Year 2019-20, the Company (APL) has initiated the process of renewal of the Land Lease on which the plant is located with Visakhapatnam Port Authority (VPA) for a further period of 30 years with effect from 27.06.2019. APL has submitted its Technical & Financial Bid against the tender floated by VPA. As APL was the sole bidder for the Tender, VPA accepted both Technical Bid & Financial Bid. Later -on, VPA has cancelled the tender and issued re-tender. Aggrieved by the action of VPA, APL has filed a writ petition under Article 226 before the Hon’ble High Court of Andhra Pradesh. The Hon’ble High Court of Andhra Pradesh has allowed the writ Petition filed by the APL seeking the cancellation of the order dated 18.08.2020, cancelling the tender notification dated 07.08.2019 and fresh tender notification dated 24.08.2020 issued by VPA towards the lease of the land and directed VPA to execute the lease deed, vide its order dated 25th February 2022. Further, on 19th March 2022, APL has written a letter to the Chief Engineer, VPA requesting him to kindly finalise the land lease deed and fix-up the date for execution of the said lease deed. VPA has preferred an appeal against the Hon’ble High Court of Andhra Pradesh Order dated 25.02.2022 before division bench of Hon’ble High Court of Andhra Pradesh and the same is pending. Pending execution of the lease deed, APL has considered provisionally its bid amount for accounting of “Leases” in accordance with Ind AS 116, till the lease deed is executed. 5.During this Period the Company has decided to discontinue the operations in Sugar Unit-1 and Power Generation Unit at Tanuku w.e.f 1st April 2025. 6.The above results of the Company have been reviewed by the Audit Committee and approved by Board of Directors at their Meetings held on 05.11.2025 and statutory auditors have carried out limited review. 7.Previous period figures have been regrouped wherever necessary to conform the current period presentation.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 30-09-2025
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 95,049.52
Capital work-in-progress 4,595.74
Investment property 2.17
Goodwill 0.00
Other intangible assets 48.17
Intangible assets under development 0.00
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 0.00
Non-current financial assets
Non-current investments 18,108.35
Trade receivables, non-current 0.00
Loans, non-current 750.00
Other non-current financial assets 3,578.24
Total non-current financial assets 22,436.59
Deferred tax assets (net)
Other non-current assets 244.95
Total non-current assets 1,22,377.14
2 Current assets
Inventories 33,607.68
Current financial asset
Current investments 23,209.36
Trade receivables, current 25,642.99
Cash and cash equivalents 422.89
Bank balance other than cash and cash equivalents 3,237.76
Loans, current 100.00
Other current financial assets 622.93
Total current financial assets 53,235.93
Current tax assets (net)
Other current assets 3,926.92
Total current assets 90,770.53
3 Non-current assets classified as held for sale 385.04
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 2,13,532.71
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 2,711.01
Other equity 1,60,949.54
Total equity attributable to owners of parent 1,63,660.55
Non controlling interest 9,751.71
Total equity 1,73,412.26
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 0.00
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 8,073.54
Total Trade payable 8,073.54
Other non-current financial liabilities 267.60
Total non-current financial liabilities 8,341.14
Provisions, non-current 3,731.00
Deferred tax liabilities (net) 8,409.07
Deferred government grants, Non-current 4.54
Other non-current liabilities 77.16
Total non-current liabilities 20,562.91
Current liabilities
Current financial liabilities
Borrowings, current 740.03
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 188.97
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 7,919.45
Total Trade payable 8,108.42
Other current financial liabilities 2,365.14
Total current financial liabilities 11,213.59
Other current liabilities 6,641.40
Provisions, current 1,458.17
Current tax liabilities (Net) 244.38
Deferred government grants, Current
Total current liabilities 19,557.54
3 Liabilities directly associated with assets in disposal group classified as held for sale 0.00
4 Regulatory deferral account credit balances and related deferred tax liability 0.00
Total liabilities 40,120.45
Total equity and liabilites 2,13,532.71
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-07-2025 01-04-2025
Date of end of reporting period 30-09-2025 30-09-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 SUGAR 4,055.67 7,668.71
2 CHLOR-ALKALI 18,858.60 37,646.58
3 POWER GENERATION 1,659.53 3,149.59
4 INDUSTRIAL CHEMICALS 31,630.52 65,208.46
5 SOAP 14,209.39 27,725.18
6 UN ALLOCATED 2,278.19 4,668.92
Total Segment Revenue 72,691.90 1,46,067.44
Less: Inter segment revenue 12,945.89 26,342.33
Revenue from operations 59,746.01 1,19,725.11
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 SUGAR (209.41) (1,118.88)
2 CHLOR-ALKALI 2,429.56 5,606.51
3 POWER GENERATION 522.94 793.79
4 INDUSTRIAL CHEMICALS 2,300.96 4,031.29
5 SOAP 74.96 223.47
6 UN ALLOCATED (608.16) (1,520.66)
Total Profit before tax 4,510.85 8,015.52
i. Finance cost 65.87 129.64
ii. Other Unallocable Expenditure net off Unallocable income 0.00 0.00
Profit before tax 4,444.98 7,885.88
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 SUGAR 8,374.29 8,374.29
2 CHLOR-ALKALI 85,237.71 85,237.71
3 POWER GENERATION 7,158.06 7,158.06
4 INDUSTRIAL CHEMICALS 35,856.01 35,856.01
5 SOAP 9,901.17 9,901.17
6 UN ALLOCATED 67,005.47 67,005.47
Total Segment Asset 2,13,532.71 2,13,532.71
Un-allocable Assets 0.00 0.00
Net Segment Asset 2,13,532.71 2,13,532.71
4 Segment Liabilities
Segment Liabilities
1 SUGAR 1,407.59 1,407.59
2 CHLOR-ALKALI 13,954.21 13,954.21
3 POWER GENERATION 761.12 761.12
4 INDUSTRIAL CHEMICALS 8,451.45 8,451.45
5 SOAP 2,546.80 2,546.80
6 UN ALLOCATED 12,999.28 12,999.28
Total Segment Liabilities 40,120.45 40,120.45
Un-allocable Liabilities 0.00 0.00
Net Segment Liabilities 40,120.45 40,120.45
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Items that will not be reclassified to profit and loss (162.37) (102.52)
Total Amount of items that will not be reclassified to profit and loss (162.37) (102.52)
2 Income tax relating to items that will not be reclassified to profit or loss (1.47) (2.95)
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income (160.90) (99.57)



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 30-09-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 8,095.37
Adjustments for reconcile profit (loss)
Adjustments for finance costs 129.64
Adjustments for decrease (increase) in inventories 10,939.73
Adjustments for decrease (increase) in trade receivables, current (6,530.96)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets (1,929.85)
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current 97.39
Adjustments for other bank balances (4.01)
Adjustments for increase (decrease) in trade payables, current (4,490.49)
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 2,647.11
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 4,045.93
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 425.64
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current (151.12)
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains 0.00
Adjustments for dividend income 0.00
Adjustments for interest income 0.00
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) (625.34)
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 0.00
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items 0.00
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 4,553.67
Net cash flows from (used in) operations 12,649.04
Dividends received (56.52)
Interest paid 0.00
Interest received (249.52)
Income taxes paid (refund) 994.77
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 11,348.23
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 24.93
Purchase of property, plant and equipment 3,186.92
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 56.52
Interest received 249.52
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (8,778.82)
Net cash flows from (used in) investing activities (11,634.77)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 0.00
Repayments of borrowings 579.80
Payments of lease liabilities 15.00
Dividends paid 1,104.05
Interest paid 129.04
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (31.03)
Net cash flows from (used in) financing activities (1,858.92)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (2,145.46)
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents (2,145.46)
Cash and cash equivalents cash flow statement at beginning of period 2,568.35
Cash and cash equivalents cash flow statement at end of period 422.89