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 05-02-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 19-01-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Third 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 05-02-2026   11:30:00
End date and time of board meeting 05-02-2026   12:55:00
Whether cash flow statement is applicable on company
Type of cash flow statement
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 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 63,133.74 1,82,858.85
Other income 492.92 1,961.14
Total income 63,626.66 1,84,819.99
2 Expenses
(a) Cost of materials consumed 35,406.48 97,167.06
(b) Purchases of stock-in-trade 0.00 137.59
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 1,599.61 9,258.07
(d) Employee benefit expense 4,456.95 13,808.90
(e) Finance costs 59.98 189.62
(f) Depreciation, depletion and amortisation expense 2,105.98 6,151.91
(f) Other Expenses
1 Power and Fuel 9,549.69 26,467.19
2 Other Expenses 6,984.83 19,948.60
Total other expenses 16,534.52 46,415.79
Total expenses 60,163.52 1,73,128.94
3 Total profit before exceptional items and tax 3,463.14 11,691.05
4 Exceptional items 0.00 0.00
5 Total profit before tax 3,463.14 11,691.05
6 Tax expense
7 Current tax 688.27 2,347.49
8 Deferred tax 178.33 593.87
9 Total tax expenses 866.60 2,941.36
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 2,596.54 8,749.69
12 Profit (loss) from discontinued operations before tax 101.81 107.02
13 Tax expense of discontinued operations 18.80 20.02
14 Net profit (loss) from discontinued operation after tax 83.01 87.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method (368.75) (583.45)
16 Total profit (loss) for period 2,310.80 8,253.24
17 Other comprehensive income net of taxes (53.72) (153.29)
18 Total Comprehensive Income for the period 2,257.08 8,099.95
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 2,235.35 7,852.59
Total profit or loss, attributable to non-controlling interests 77.79 268.11
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 2,179.57 7,699.58
Total comprehensive income for the period attributable to owners of parent non-controlling interests 77.51 267.83
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 1.59 5.73
Diluted earnings (loss) per share from continuing operations 1.59 5.73
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0.06 0.06
Diluted earnings (loss) per share from discontinued operations 0.06 0.06
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 1.65 5.79
Diluted earnings (loss) per share from continuing and discontinued operations 1.65 5.79
24 Debt equity ratio 0 0
25 Debt service coverage ratio 12.6400 12.6400
26 Interest service coverage ratio 56.3700 56.3700
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 of Holding Company is mainly on account of increase in the selling prices of Caustic Soda and Sulphuric Acid when compared to previous year. 3.The exceptional item for the period ended 31st December 2025 of Rs.132.54 lakhs is net of amount paid towards Voluntary Retirement Scheme (VRS) by the company for its Sugar Unit and Co-Generation Unit of Taduvai of Rs. 440.17 lakhs and true-down adjustment arising from 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 (APERC) of Rs. 307.63 lakhs. Exceptional items for the Year ended 31st March 2025 include : a) an amount of Rs.197.37 Lakhs towards provision for Impairment of assets at Power Generation Unit at Tanuku b) Rs.2285.13 Lakhs towards provision on account of FPPCA charges demand raised by DISCOMS. 4.As the Company’s current wage structure is aligned with the requirements of New Labour Codes, no incremental liability is expected in respect of gratuity and leave obligations in the current period. The Government of the state in which, the company operates is in the process of notifying related rules to the New Labour Codes and impact of these will be evaluated and accounted for in accordance with applicable accounting standards in the period in which they are notified. 5.During the Financial Year 2019-20, the Associate 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 Hon'ble High Court has delivered its Judgement on 03.11.2025. Based on the Judgement, APL has addressed a letter to VPA for issue of tender as per Land Lease Policy guidelines 2015. 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. 6.During this Period the Company has discontinued the operations of the Sugar Unit and Power Generation Unit situated at Tanuku from 1st April 2025 and the Wind Power - Ramagiri Unit from 1st October 2025 onwards. 7.In respect of Associate Company (APL), the loss is due to low realisation of products prices and increase of raw-material prices. The Plant was shutdown from 29.10.2025 for maintanance works relating to preventive & essential repairs and the same were completed on 27.01.2026. In view of decrease in sales prices, increase in input cost and huge gap between demand & supply, the Board and the Management have took the view for contribution of shut down of the plant for further period upto 03.02.2026 and started its operations from 04.02.2026. 8.The above results of the Company have been reviewed by the Audit Committee and approved by Board of Directors at their respective Meetings held on 05.02.2026 and statutory auditors have carried out limited review. 9.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


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 01-10-2025 01-04-2025
Date of end of reporting period 31-12-2025 31-12-2025
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 3,644.88 11,313.59
2 CHLOR-ALKALI 19,453.42 57,100.00
3 POWER GENERATION 1,020.25 4,169.84
4 INDUSTRIAL CHEMICALS 35,126.27 1,00,334.73
5 SOAP 15,383.75 43,108.93
6 UNALLOCATED 4,076.32 8,745.24
Total Segment Revenue 78,704.89 2,24,772.33
Less: Inter segment revenue 15,571.15 41,913.48
Revenue from operations 63,133.74 1,82,858.85
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 SUGAR (302.91) (1,421.79)
2 CHLOR-ALKALI 1,524.57 7,131.08
3 POWER GENERATION (264.87) 528.92
4 INDUSTRIAL CHEMICALS 2,541.97 6,573.26
5 SOAP 273.54 497.01
6 UNALLOCATED (516.12) (2,036.78)
Total Profit before tax 3,256.18 11,271.70
i. Finance cost 59.98 189.62
ii. Other Unallocable Expenditure net off Unallocable income 0.00 0.00
Profit before tax 3,196.20 11,082.08
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 SUGAR 3,614.66 3,614.66
2 CHLOR-ALKALI 86,077.97 86,077.97
3 POWER GENERATION 5,528.29 5,528.29
4 INDUSTRIAL CHEMICALS 36,825.97 36,825.97
5 SOAP 8,446.83 8,446.83
6 UNALLOCATED 77,533.72 77,533.72
Total Segment Asset 2,18,027.44 2,18,027.44
Un-allocable Assets 0.00 0.00
Net Segment Asset 2,18,027.44 2,18,027.44
4 Segment Liabilities
Segment Liabilities
1 SUGAR 951.66 951.66
2 CHLOR-ALKALI 15,454.53 15,454.53
3 POWER GENERATION 448.29 448.29
4 INDUSTRIAL CHEMICALS 9,311.65 9,311.65
5 SOAP 1,469.09 1,469.09
6 UNALLOCATED 14,722.89 14,722.89
Total Segment Liabilities 42,358.11 42,358.11
Un-allocable Liabilities 0.00 0.00
Net Segment Liabilities 42,358.11 42,358.11
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 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
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 (72.90) (169.16)
Total Amount of items that will not be reclassified to profit and loss (72.90) (169.16)
2 Income tax relating to items that will not be reclassified to profit or loss (19.18) (15.87)
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
5 Total Other comprehensive income (53.72) (153.29)