AVADHSUGAR
Avadh Sugar share price & financials
- Price
- ₹448.45
- Market cap
- ₹1.5k Cr
- Sector
- Fast Moving Consumer Goods
What Avadh Sugar does
Avadh Sugar & Energy operates four sugar mills in the cane-rich belt of Uttar Pradesh (Seohara, Hargaon, Rosa and Hata), crushing sugarcane into white and refined sugar. It runs an integrated distillery that converts cane juice, B-heavy and C-heavy molasses into ethanol supplied to oil marketing companies under the government's blending programme, and co-generation plants that use bagasse to produce power for captive use and grid export. The company sources cane directly from a large farmer base near its units, and sells sugar through a pan-India network of wholesalers, brokers and sub-brokers.
Segments
- Sugar
- Distillery
- Co-generation
- Sugarcane crushing capacity
- 34,800 TCD across 4 mills
- Distillery capacity
- 325 KLPD
- Co-generation capacity
- 74 MW
- Manufacturing units
- 4 (Seohara, Hargaon, Rosa, Hata - all Uttar Pradesh)
- Farmers connected
- 2.9 lakh
- Distribution footprint
- 6 States
Quarterly results
Q1 FY27: revenue up 8.7%, net profit up 102.7% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 632 | 617 | 679 | 717 | 668 +6% | 638 +3% | 671 −1% | 779 +9% |
| EBITDA | 34 | 36 | 149 | 28 | 18 −47% | 55 +54% | 120 −20% | 36 +29% |
| Net profit | 1 | 7 | 72 | -8 | -7 −894% | 17 +148% | 56 −22% | 0 +103% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +73.9% 1Y
1Y: ₹442.6 on 10 Sept 2025 → ₹769.6. High ₹855.3 (31 Aug 2026), low ₹311.25 (20 Jan 2026).
Financials, as filed
Revenue fell 1.3% a year over 3 years, FY23 to FY26. Operating margin narrowed to 8.2%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹2.8k Cr | ₹2.7k Cr | ₹2.6k Cr | ₹2.7k Cr |
| Operating profit | ₹255 Cr | ₹330 Cr | ₹276 Cr | ₹221 Cr |
| Operating margin | 9.1% | 12.3% | 10.5% | 8.2% |
| Interest | ₹70 Cr | ₹82 Cr | ₹86 Cr | ₹74 Cr |
| Depreciation | ₹51 Cr | ₹55 Cr | ₹58 Cr | ₹62 Cr |
| Net profit | ₹100 Cr | ₹128 Cr | ₹88 Cr | ₹57 Cr |
| Net margin | 3.6% | 4.8% | 3.3% | 2.1% |
| Cash from operations | ₹364 Cr | ₹-77 Cr | ₹154 Cr | ₹158 Cr |
| Free cash flow | ₹239 Cr | ₹-151 Cr | ₹52 Cr | ₹56 Cr |
| ROCE | 10.0% | 13.0% | 9.0% | 7.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹20 Cr | ₹20 Cr | ₹20 Cr | ₹20 Cr | ₹20 Cr | ₹20 Cr |
| Reserves | ₹646 Cr | ₹790 Cr | ₹871 Cr | ₹1.0k Cr | ₹1.0k Cr | ₹1.1k Cr |
| Borrowings | ₹1.4k Cr | ₹1.2k Cr | ₹1.1k Cr | ₹1.3k Cr | ₹594 Cr | ₹1.4k Cr |
| Other liabilities | ₹608 Cr | ₹405 Cr | ₹459 Cr | ₹508 Cr | ₹161 Cr | ₹349 Cr |
| Total liabilities | ₹2.6k Cr | ₹2.4k Cr | ₹2.4k Cr | ₹2.9k Cr | ₹1.8k Cr | ₹2.9k Cr |
| Fixed assets | ₹1.1k Cr | ₹1.1k Cr | ₹1.2k Cr | ₹1.2k Cr | ₹1.2k Cr | ₹1.3k Cr |
| Capital work in progress | ₹14 Cr | ₹9 Cr | ₹13 Cr | ₹10 Cr | ₹95 Cr | ₹3 Cr |
| Investments | ₹15 Cr | ₹47 Cr | ₹47 Cr | ₹80 Cr | ₹81 Cr | ₹72 Cr |
| Other assets | ₹1.5k Cr | ₹1.3k Cr | ₹1.2k Cr | ₹1.6k Cr | ₹448 Cr | ₹1.5k Cr |
| Total assets | ₹2.6k Cr | ₹2.4k Cr | ₹2.4k Cr | ₹2.9k Cr | ₹1.8k Cr | ₹2.9k Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, the public added +1.52 pp while DIIs trimmed −0.99 pp. The shareholder count shrank 7% to 22,779.
- Promoters
- 60.4%
- FIIs
- 1.5%
- DIIs
- 0.3%
- Public
- 37.9%
Since Jun 2025
- Public +1.52 pp
- DIIs −0.99 pp
- FIIs −0.53 pp
How it drifted, 12 quarters
Over this window the public went from 35.4% to 37.9% — +2.5 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 60.4%, FIIs 3.9%, DIIs 0.3%, Public 35.4%.Dec '23: Promoters 60.4%, FIIs 4.2%, DIIs 0.8%, Public 34.6%.Mar '24: Promoters 60.4%, FIIs 4.1%, DIIs 1.0%, Public 34.5%.Jun '24: Promoters 60.4%, FIIs 3.7%, DIIs 1.0%, Public 34.9%.Sep '24: Promoters 60.4%, FIIs 4.5%, DIIs 1.0%, Public 34.1%.Dec '24: Promoters 60.4%, FIIs 2.5%, DIIs 1.0%, Public 36.1%.Mar '25: Promoters 60.4%, FIIs 2.0%, DIIs 1.2%, Public 36.4%.Jun '25: Promoters 60.4%, FIIs 2.0%, DIIs 1.3%, Public 36.4%.Sep '25: Promoters 60.4%, FIIs 1.8%, DIIs 1.3%, Public 36.6%.Dec '25: Promoters 60.4%, FIIs 1.8%, DIIs 1.3%, Public 36.6%.Mar '26: Promoters 60.4%, FIIs 1.8%, DIIs 0.3%, Public 37.6%.Jun '26: Promoters 60.4%, FIIs 1.5%, DIIs 0.3%, Public 37.9%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Avadh Sugar above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| New India Retailing And Investment Ltd | 9.72% | unchanged |
| SCM Investment & Trading Co. Ltd. | 7.49% | unchanged |
| Ganges Securities Limited | 7.39% | unchanged |
| RTM Investment And Trading Co. Ltd. | 6.72% | unchanged |
| SIL Investments Limited | 5.67% | unchanged |
| Anil Kumar Goel | 5.44% | −0.09 pp |
| Yashovardhan Investment &Trading Co. Ltd. | 3.81% | unchanged |
| Deepshikha Trading Co Pvt Ltd | 3.32% | unchanged |
| Ronson Traders Limited | 2.79% | unchanged |
| Navjeewan Medical Institute | 2.75% | unchanged |
| Chandra Shekhar Nopany - As Trustee of Shekhar Family Trust | 2.54% | unchanged |
| Hargaon Investment & Trading Co. Ltd. | 2.41% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Avadh Sugar
Guides on how to read this kind of business and the numbers that matter.