Avadh Sugar & Energy Limited (ASEL), a prominent member of the K.K. Birla Group of Sugar Companies, has officially announced its financial results for the quarter and financial year ended March 31, 2026. Following a Board of Directors meeting on May 12, 2026, the company approved its latest earnings alongside a strong shareholder reward.

The company experienced mild compression across its key financial metrics during the final quarter and full fiscal year of 2026, primarily driven by broader industry headwinds.

• Quarterly Performance (Q4FY26): Total income stood at Rs. 672 crore compared to Rs. 678 crore in Q4FY25. Quarterly EBITDA was reported at Rs. 121 crore against Rs. 149 crore in the previous year’s corresponding quarter, while Profit After Tax (PAT) came in at Rs. 56 crore, down from Rs. 72 crore.
• Annual Performance (FY26): For the full fiscal year, total income grew to Rs. 2,699 crore from Rs. 2,639 crore in FY25. However, annual EBITDA declined to Rs. 226 crore from Rs. 280 crore, and PAT wrapped up at Rs. 57 crore against Rs. 88 crore in FY25.

Despite the drop in net profit, the Board has demonstrated confidence in its operational resilience by recommending a dividend of 100% of the face value, translating to Rs. 10 per equity share for FY26.

Commenting on the operating environment, Co-Chairperson and Managing Director Mr. C.S. Nopany highlighted that Uttar Pradesh’s sugar and ethanol sectors are currently navigating near-term cost pressures and lower cane yields. While a recent State Advised Price (SAP) hike has tightened margins, the company remains highly optimistic about the Central Government’s Ethanol Blending Programme.

To solidify its long-term market position, Avadh successfully scaled up the crushing capacity at its Hargaon unit from 10,000 TCD to 13,000 TCD for the 2025-26 sugar season. This brings the company’s total combined crushing capacity across its four Uttar Pradesh mills to 34,800 TCD, backed by an ethanol capacity of 325 KLPD and 74 MW of cogeneration power capabilities.

Priyanka Dutta