Andhra Sugars reports FY26 profit surge, declares dividend

1 min read     Updated on 31 May 2026, 06:01 AM
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Reviewed by
Jubin VScanX News Team
AI Summary

The Andhra Sugars Limited reported a standalone net profit of ₹8367.47 lakh for the financial year ended March 31, 2026, a significant increase from ₹3149.11 lakh in the previous year. Revenue from operations for the year stood at ₹143732.19 lakh. The Board recommended a total dividend of ₹1.20 per equity share, comprising a normal dividend of ₹1.00 and a special dividend of ₹0.20, subject to shareholder approval.

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The Andhra Sugars Limited reported a standalone net profit of ₹8367.47 lakh for the financial year ended March 31, 2026, a significant increase from ₹3149.11 lakh in the previous year. Revenue from operations for the year stood at ₹143732.19 lakh, compared to ₹117136.77 lakh in FY25. The Board of Directors, meeting on May 30, 2026, approved the audited financial results and recommended a total dividend of ₹1.20 per equity share of ₹2 each, subject to shareholder approval at the Annual General Meeting scheduled for September 24, 2026.

The dividend includes a normal dividend of ₹1.00 and a special dividend of ₹0.20 per share. The company has fixed September 18, 2026, as the record date to determine shareholder eligibility. The Register of Members and Share Transfer books will remain closed from September 19, 2026, to September 24, 2026, for the purpose of the Annual General Meeting and dividend payment. Dividend warrants will be dispatched starting September 29, 2026.

For the quarter ended March 31, 2026, the company reported a standalone net profit of ₹263.30 lakh, while revenue from operations was ₹37553.90 lakh. The auditors, M/s. Brahmayya & Co., issued an unmodified opinion on the financial results. The company also reported exceptional items amounting to ₹2559.78 lakh for the year, including expenses for impairment at the Sugar Unit - Bhimadole, FPPCA charges, and a Voluntary Retirement Scheme, partially offset by income from a true-up adjustment.

Key Financial Highlights (Standalone)

Particulars Year Ended March 31, 2026 Year Ended March 31, 2025
Revenue from Operations ₹143732.19 lakh ₹117136.77 lakh
Total Income ₹146272.89 lakh ₹121444.80 lakh
Total Expenditure ₹132475.96 lakh ₹114777.91 lakh
Net Profit for the Year ₹8367.47 lakh ₹3149.11 lakh
Earnings Per Share ₹6.18 ₹2.32

Dividend Details

Particulars Details
Total Dividend ₹1.20 per share
Normal Dividend ₹1.00 per share
Special Dividend ₹0.20 per share
Face Value ₹2 per share
Record Date September 18, 2026
Book Closure September 19, 2026 to September 24, 2026
AGM Date September 24, 2026

Historical Stock Returns for Andhra Sugars

1 Day5 Days1 Month6 Months1 Year5 Years
-10.65%-9.83%-21.01%+3.70%+5.72%-3.21%

How will the exceptional items related to the Bhimadole unit impairment and VRS impact the company's cost structure and profitability in FY27?

Is the special dividend of ₹0.20 per share indicative of a sustained policy to return excess cash to shareholders?

What strategies are being implemented to maintain the current revenue growth trajectory given the significant year-over-year increase?

Andhra Sugars suspends crushing at two units for 2026-27 season

1 min read     Updated on 31 May 2026, 05:33 AM
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Reviewed by
Ashish TScanX News Team
AI Summary

The Andhra Sugars Limited has suspended crushing operations at its Taduvai and Bhimadole units for the 2026-27 season due to low cane availability. The Board approved the decision on May 30, 2026. The Taduvai unit reported a loss of Rs. (1266.77) Lakhs before tax in FY26, while Bhimadole reported a loss of Rs. (198.96) Lakhs.

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The Andhra Sugars Limited has suspended crushing operations at its Sugar Unit in Taduvai and Sugar Unit in Bhimadole for the 2026-27 season due to the non-availability of a viable quantity of sugar cane. The Board of Directors approved the suspension during a meeting held on May 30, 2026. This decision impacts the company's operational capacity for the upcoming season as cane availability remains insufficient to support operations at these locations.

The financial impact of these units was disclosed in the filing. The Sugar Unit at Taduvai, which includes co-generation, reported a Total Profit or Loss Before Tax of Rs. (1266.77) Lakhs for the financial year 2025-26. This loss represented 11.12% of the Total Profit of the Company. Similarly, the Sugar Unit at Bhimadole recorded a Total Profit or Loss Before Tax of Rs. (198.96) Lakhs for the same period, accounting for 1.75% of the company's total profit.

The suspension is effective for the crushing season 2026-27. The company stated that the primary reason for the suspension is low cane availability. No binding agreements have been entered into for the sale of these units. The intimation was submitted to the National Stock Exchange of India Ltd. in compliance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Impact of Affected Units

The following table details the financial contribution of the units for the last financial year:

S.No. Particulars Taduvai Location Bhimadole Location
1. Name of the Unit or Division Sugar Unit (Including Co-Generation) Sugar Unit
2. Date of binding agreement for sale (if any) N.A. N.A.
3. Total Profit/(Loss) Before Tax (2025-26) Rs. (1266.77) Lakhs Rs. (198.96) Lakhs
4. Percentage of Total Profit 11.12% 1.75%
5. Date of suspension Season 2026-27 Season 2026-27
6. Reason for suspension Low cane availability Low cane availability

Historical Stock Returns for Andhra Sugars

1 Day5 Days1 Month6 Months1 Year5 Years
-10.65%-9.83%-21.01%+3.70%+5.72%-3.21%

How will the suspension of these loss-making units impact Andhra Sugars' overall profitability in the 2026-27 fiscal year?

Does the company plan to shift resources to its remaining operational units to mitigate the capacity loss?

What are the long-term prospects for cane availability in the Taduvai and Bhimadole regions?

More News on Andhra Sugars

1 Year Returns:+5.72%