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 30-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 14-05-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 30-05-2026   10:40:00
End date and time of board meeting 30-05-2026   11:50:00
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 Declaration of unmodified opinion



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 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 63,740.80 2,46,599.65
Other income 794.57 2,755.71
Total income 64,535.37 2,49,355.36
2 Expenses
(a) Cost of materials consumed 35,883.50 1,33,050.56
(b) Purchases of stock-in-trade 0.00 137.59
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 1,657.67 10,915.74
(d) Employee benefit expense 4,421.49 18,230.39
(e) Finance costs 58.18 247.80
(f) Depreciation, depletion and amortisation expense 2,162.90 8,314.81
(f) Other Expenses
1 power and fuel 10,311.66 36,778.85
2 Other Expenses 6,714.13 26,662.73
Total other expenses 17,025.79 63,441.58
Total expenses 61,209.53 2,34,338.47
3 Total profit before exceptional items and tax 3,325.84 15,016.89
4 Exceptional items (2,427.24) (2,559.78)
5 Total profit before tax 898.60 12,457.11
6 Tax expense
7 Current tax 530.27 2,877.76
8 Deferred tax (144.63) 449.24
9 Total tax expenses 385.64 3,327.00
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 512.96 9,130.11
12 Profit (loss) from discontinued operations before tax 43.81 150.83
13 Tax expense of discontinued operations 11.76 31.78
14 Net profit (loss) from discontinued operation after tax 32.05 119.05
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 47.09 (536.36)
16 Total profit (loss) for period 592.10 8,712.80
17 Other comprehensive income net of taxes 820.53 667.24
18 Total Comprehensive Income for the period 1,412.63 9,380.04
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 469.73 8,322.32
Total profit or loss, attributable to non-controlling interests 122.37 390.48
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 1,314.44 9,014.02
Total comprehensive income for the period attributable to owners of parent non-controlling interests 98.19 366.02
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 0.00
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.32 6.05
Diluted earnings (loss) per share from continuing operations 0.32 6.05
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0.03 0.09
Diluted earnings (loss) per share from discontinued operations 0.03 0.09
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 0.35 6.14
Diluted earnings (loss) per share from continuing and discontinued operations 0.35 6.14
24 Debt equity ratio 0 0
25 Debt service coverage ratio 67.9100 67.9100
26 Interest service coverage ratio 49.7200 49.7200
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1.The financial results of the Company have been prepared in accordance with Indian Accounting Standards (Ind AS) as prescribed under section 133 of the Companies Act 2013 read with Companies (Indian Accouting Standard ) Rules, 2015 (as amended). 2.The figure for the quarter ended 31st March 2026 & 31st March 2025 are the balancing figure between audited figure in respect of full financial year and published unaudited year to date figures upto 3rd quarter of respective years. 3.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 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. 4.The exceptional items for the year ended 31st March 2026 of Rs.2559.78 lakhs includes the following : a)An expense of Rs.330.25 Lakhs towards provision for Impairment at Sugar Unit - Bhimadole (recognised during the three months period ended 31.03.2026). b)An expense of Rs.2097.03 Lakhs towards payment on account of FPPCA charges demand raised by DISCOMS for the FY 2022-23, (recognised during the three months period ended 31.03.2026). c)An expense of Rs. 440.16 lakhs paid towards Voluntary Retirement Scheme (VRS) for the employees in Sugar Units and cogeneration unit at Taduvai. d)An Income of Rs. 307.66 lakhs towards True Down adjustment arising from True up of Fuel and Power Purchase Cost Adjustment (FPPCA) order for the FY 2024-25. 5.Holding Company (ASL) during this year the Company has discontinued the operations of the Sugar Unit and Power Generation Unit situated at Tanuku and the Wind Power unit situated at Ramagiri. 6.The Parent company has recommended payment of final dividend of Rs.1.20/- (i.e 60%-Normal 50% and Special 10%) per equity share of the face value of Rs.2/- each for the Financial Year ended 31st March 2026. 7.The above results of the Company have been reviewed by the Audit Committee at the meeting held on 29.05.2026 and approved by the Board of Directors at the meeting held on 30.05.2026. 8.Previous period figures have been regrouped wherever necessary to conform to 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 31-03-2026
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 93,040.40
Capital work-in-progress 4,196.47
Investment property 2.19
Goodwill 56.03
Other intangible assets 0.00
Intangible assets under development
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 17,794.59
Trade receivables, non-current
Loans, non-current 650.00
Other non-current financial assets
1 OTHERS 3,670.25
Total of other non-current financial assets 3,670.25
Total non-current financial assets 22,114.84
Deferred tax assets (net)
Other non-current assets
1 Other non-current assets 226.97
Total of other non-current assets 226.97
Total non-current assets 1,19,636.90
2 Current assets
Inventories 29,872.94
Current financial asset
Current investments 35,143.70
Trade receivables, current 22,769.26
Cash and cash equivalents 3,099.74
Bank balance other than cash and cash equivalents 3,793.19
Loans, current 200.00
Other current financial assets
Total of other current financial assets 306.37
Total current financial assets 65,312.26
Current tax assets (net) 42.82
Other current assets
1 Other current assets 2,388.39
Total of other current assets 2,388.39
Total current assets 97,616.41
3 Non-current assets classified as held for sale 166.62
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 2,17,419.93
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 2,711.01
Other equity 1,64,443.54
Total equity attributable to owners of parent 1,67,154.55
Non controlling interest 9,927.41
Total equity 1,77,081.96
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 8,003.35
Total Trade payable 8,003.35
Other non-current financial liabilities
1 OTHERS 266.90
Total of other non-current financial liabilities 266.90
Total non-current financial liabilities 8,270.25
Provisions, non-current 3,046.51
Deferred tax liabilities (net) 8,481.80
Deferred government grants, Non-current 0.29
Other non-current liabilities
1 Other non-current liabilities 137.25
Total of other non-current liabilities 137.25
Total non-current liabilities 19,936.10
Current liabilities
Current financial liabilities
Borrowings, current 56.03
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 372.27
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 11,701.99
Total Trade payable 12,074.26
Other current financial liabilities
1 Other current financial liabilities 2,989.38
Total of other current financial liabilities 2,989.38
Total current financial liabilities 15,119.67
Other current liabilities 3,983.16
1 Other current liabilities 3,983.16
Total of other current liabilities 3,983.16
Provisions, current 1,299.04
Current tax liabilities (Net)
Deferred government grants, Current
Total current liabilities 20,401.87
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 40,337.97
Total equity and liabilites 2,17,419.93
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 01-01-2026 01-04-2025
Date of end of reporting period 31-03-2026 31-03-2026
Whether results are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 SUGAR 0.00 11,263.90
2 CHLOR-ALKALI 20,665.17 77,765.17
3 POWER GENERATION 0.0080445 4,974.29
4 INDUTRIAL CHEMICALS 33,761.90 1,34,096.63
5 SOAP 17,801.04 60,909.97
6 UNALLOCATED 2,508.97 9,711.53
Total Segment Revenue 75,541.53 2,98,721.49
Less: Inter segment revenue 11,800.73 52,121.84
Revenue from operations 63,740.80 2,46,599.65
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 SUGAR (433.92) (1,855.71)
2 CHLOR-ALKALI (4.52) 7,126.56
3 POWER GENERATION (257.36) 271.56
4 INDUTRIAL CHEMICALS 1,302.09 7,875.35
5 SOAP 420.67 917.68
6 UNALLOCATED 20.71 (2,016.07)
Total Profit before tax 1,047.67 12,319.37
i. Finance cost 58.18 247.80
ii. Other Unallocable Expenditure net off Unallocable income 0.00 0.00
Profit before tax 989.49 12,071.57
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 SUGAR 3,201.11 3,201.11
2 CHLOR-ALKALI 82,881.44 82,881.44
3 POWER GENERATION 4,986.10 4,986.10
4 INDUTRIAL CHEMICALS 38,352.71 38,352.71
5 SOAP 7,970.00 7,970.00
6 UNALLOCATED 80,028.57 80,028.57
Total Segment Asset 2,17,419.93 2,17,419.93
Un-allocable Assets 0.00 0.00
Net Segment Asset 2,17,419.93 2,17,419.93
4 Segment Liabilities
Segment Liabilities
1 SUGAR 346.20 346.20
2 CHLOR-ALKALI 16,948.12 16,948.12
3 POWER GENERATION 523.73 523.73
4 INDUTRIAL CHEMICALS 8,491.14 8,491.14
5 SOAP 686.30 686.30
6 UNALLOCATED 13,342.48 13,342.48
Total Segment Liabilities 40,337.97 40,337.97
Un-allocable Liabilities 0.00 0.00
Net Segment Liabilities 40,337.97 40,337.97
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 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
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 or loss 877.25 712.51
Total Amount of items that will not be reclassified to profit and loss 877.25 712.51
2 Income tax relating to items that will not be reclassified to profit or loss 56.72 45.27
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 820.53 667.24



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 31-03-2026
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 12,457.11
Adjustments for reconcile profit (loss)
Adjustments for finance costs 247.80
Adjustments for decrease (increase) in inventories 14,674.46
Adjustments for decrease (increase) in trade receivables, current (3,228.37)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets (699.22)
Adjustments for decrease (increase) in other non-current assets (18.93)
Adjustments for other financial assets, non-current (55.01)
Adjustments for other financial assets, current 181.60
Adjustments for other bank balances (495.85)
Adjustments for increase (decrease) in trade payables, current 50.20
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities (415.29)
Adjustments for increase (decrease) in other non-current liabilities (60.23)
Adjustments for depreciation and amortisation expense 8,315.20
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 695.01
Adjustments for provisions, non-current (465.32)
Adjustments for other financial liabilities, current 817.24
Adjustments for other financial liabilities, non-current (10.95)
Adjustments for unrealised foreign exchange losses gains 0.00
Adjustments for dividend income 110.53
Adjustments for interest income 577.84
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) (1,299.06)
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 361.97
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 17,906.88
Net cash flows from (used in) operations 30,363.99
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 2,531.10
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 27,832.89
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 268.02
Purchase of property, plant and equipment 5,534.41
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 110.53
Interest received 622.04
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (20,025.32)
Net cash flows from (used in) investing activities (24,559.14)
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 1,264.87
Payments of lease liabilities 22.50
Dividends paid 1,108.31
Interest paid 346.68
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities (2,742.36)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 531.39
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 531.39
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 3,099.74





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 BRAHMAYYA & CO Yes 29-02-2028