Bannari Amman Sugars FY26 net profit rises, recommends dividend

1 min read     Updated on 30 May 2026, 05:06 PM
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AI Summary

Bannari Amman Sugars reported a 41% increase in net profit to ₹147.92 crore for FY26, with revenue rising to ₹19,166.73 crore. The Board recommended a ₹12.50 per share dividend and appointed auditors for the upcoming fiscal year.

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Bannari Amman Sugars reported a net profit of ₹147.92 crore for the financial year ended March 31, 2026, an increase from ₹104.67 crore in the previous year. The company's Board of Directors recommended a dividend of ₹12.50 per equity share of ₹10 each for FY26, subject to shareholder approval at the Annual General Meeting. The record date for the dividend is September 16, 2026.

Financial Performance for FY26

The company's revenue from operations for the year stood at ₹19,166.73 crore, compared to ₹17,929.74 crore in the prior year. Total income for FY26 was ₹19,596.28 crore, up from ₹18,192.44 crore in FY25. The statutory auditors, M/s P N Raghavendra Rao & Co., issued an unmodified opinion on the audited financial results.

The following table summarises the key financial metrics for the year ended March 31, 2026:

Metric FY26 (₹ in Lakhs) FY25 (₹ in Lakhs)
Revenue from operations 191667.27 179297.40
Total income 195962.82 181924.42
Net Profit for the period 14791.64 10466.81
Earnings Per Share (Basic) 117.96 83.47

Quarterly Results and Segment Performance

For the quarter ended March 31, 2026, the company reported a net profit of ₹41.58 crore, compared to ₹35.16 crore in the same quarter of the previous year. Revenue from operations for Q4FY26 was ₹2,822.92 crore, a decrease from ₹4,938.66 crore in Q4FY25. The decline in quarterly revenue was attributed to lower segment revenues across Sugar, Power, and Distillery divisions.

Segment reporting for FY26 showed Sugar revenue at ₹18,228.04 crore, Power at ₹2,925.02 crore, and Distillery at ₹2,697.22 crore. The company noted that it is in the process of modernising and expanding crushing capacity from 7,500 TCD to 10,000 TCD at its Sugar Unit in Karnataka and evaluating ethanol production in existing distillery units.

Board Decisions and Appointments

The Board approved the appointment of M/s Nandakumar & Sundaran and M/s B M & Associates as internal auditors for FY27. Additionally, Sri M Nagarajan was appointed as the Cost Auditor for the financial year 2026-2027. The 42nd Annual General Meeting is scheduled for September 23, 2026, via Video Conferencing.

Historical Stock Returns for Bannari Amman Sugars

1 Day5 Days1 Month6 Months1 Year5 Years
-0.02%-0.10%-3.37%-0.01%-8.70%+106.05%

How will the modernization of the Karnataka sugar unit impact production capacity and revenue in FY27?

What are the expected growth drivers for the distillery segment given the evaluation of ethanol production expansion?

Will the decline in Q4 revenue across Sugar, Power, and Distillery divisions persist into the next fiscal year?

Bannari Amman Sugars VP Resigns Effective Feb 27

1 min read     Updated on 22 May 2026, 05:03 AM
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AI Summary

Bannari Amman Sugars Limited announced the resignation of Mr. S Sathish Kumar, Vice President Unit-2, effective February 27, 2026, due to personal reasons. The company accepted the resignation following internal formalities and disclosed the event to stock exchanges under Regulation 30 of SEBI LODR Regulations.

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Bannari Amman Sugars Limited has announced the resignation of Mr. S Sathish Kumar from the position of Vice President Unit-2. The resignation, attributed to personal reasons, was accepted by the company and became effective from the close of business hours on February 27, 2026. The disclosure was made to the stock exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company confirmed that the resignation was processed following the completion of internal formalities. Mr. S Sathish Kumar was part of the Senior Management Personnel, and his cessation of service has been recorded accordingly. The official communication was addressed to both the National Stock Exchange of India Ltd and BSE Limited.

Details of Resignation

The specific details regarding the change in senior management were outlined in the annexure provided to the exchanges. The table below summarizes the key particulars of the event.

Particulars Details
Reason for change Resignation of Sri S Satish Kumar
Date of cessation Close of business hours on February 27, 2026
Brief profile Not Applicable
Disclosure of relationships Not Applicable

The resignation letter submitted by Mr. S Sathish Kumar expressed gratitude to the management for the opportunity to work within the organization. He formally requested to be relieved from his duties as Vice President due to the aforementioned personal reasons. The company has updated its records to reflect this change in its senior management structure.

Historical Stock Returns for Bannari Amman Sugars

1 Day5 Days1 Month6 Months1 Year5 Years
-0.02%-0.10%-3.37%-0.01%-8.70%+106.05%

Who will Bannari Amman Sugars appoint as the successor for the Vice President Unit-2 role, and how might the leadership transition impact Unit-2's operational performance?

How could the departure of a senior management personnel at Unit-2 affect Bannari Amman Sugars' production targets and expansion plans for the upcoming sugar season?

Does this resignation signal any broader organizational restructuring or strategic shifts within Bannari Amman Sugars' management hierarchy?

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1 Year Returns:-8.70%