Dhampur Sugar Mills Latest Results: PAT rises to ₹65.33 crore, revenue up 5.69% YoY

Dhampur Sugar Mills Limited has convened its 91st Annual General Meeting (AGM) scheduled for Wednesday, 26th August, 2026 at 03:00 P.M. IST, to be held through Video Conferencing (VC)/Other Audio Visual Means (OAVM) in compliance with applicable circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India. The meeting will be deemed conducted at the Company's Registered Office at P.O. Dhampur, District Bijnor - 246761, U.P.

Financial Performance: FY 2025-26

The company delivered an improved financial performance for the year ended 31st March 2026. The following table summarises the key consolidated financial metrics:

Metric:	FY 2025-26	FY 2024-25	FY 2023-24
Revenue (₹ Crores):	2,807.57	2,656.38	2,646.83
EBITDA (₹ Crores):	196.69	—	—
EBITDA Margin (%):	7.01	7.00	11.10
Profit After Tax (₹ Crores):	65.33	52.42	—
Net Profit Margin (%):	2.33	—	—
Net Worth (₹ Crores):	1,198.48	1,153.35	—
Total Debt (₹ Crores):	878.91	910.00	—
Debt-Equity Ratio:	0.73	0.79	0.88

Aggregate sales increased by 5.69% to ₹2,807.57 Crores in FY 2025-26. The company reported a 5.01% higher EBITDA and net worth strengthened by 3.91% during the year. Cash and liquid investments stood at ₹267.95 Crores at the close of FY 2025-26.

Segment-wise Revenue Performance

The company's diversified revenue architecture — spanning sugar, ethanol, co-generated power, chemicals, and potable spirits — provided resilience during the year.

Segment:	FY 2025-26 (₹ Crores)	FY 2024-25 (₹ Crores)
Sugar Revenue:	1,496.24	1,407.90
Ethanol Revenue:	433.56	509.96
Power Revenue:	249.97	246.79
Potable Spirits Revenue:	934.52	782.13
Chemicals Revenue:	175.32	225.87

Potable spirits revenues expanded significantly on production of 33.11 Lakh cases, supported by full-year utilisation of the tetrapack machine installed in December 2024. Ethanol revenues declined due to lower sales and a higher closing inventory of 113.09 Lakh BL.

AGM Agenda: Ordinary and Special Business

The AGM Notice, issued under Regulations 30, 34 and 36 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, covers the following items:

Ordinary Business:

Adoption of audited standalone and consolidated financial statements for FY 2025-26
Confirmation of interim dividend of 20% i.e. ₹2.00 per Equity Share of ₹10 each as final dividend for FY 2025-26
Re-appointment of Mr. Subhash Pandey (DIN: 10330701), who retires by rotation

Special Business:

Item:	Details
Cost Auditor Remuneration (Item 4):	Ratification of ₹2,00,000/- per annum to Mr. S.R. Kapur, Cost Accountant, Meerut for FY 2026-27
Commission to Independent Directors (Item 5):	Up to 1% of net profits for FY 2025-26
Minimum Remuneration – Mr. Ashok Kumar Goel (Item 6):	Payment of approved remuneration as minimum remuneration during FY 2027-28 in case of inadequate profits
Minimum Remuneration – Mr. Gaurav Goel (Item 7):	Payment of approved remuneration as minimum remuneration during FY 2027-28 in case of inadequate profits
Re-appointment of Mr. Anuj Khanna (Item 8):	Non-Executive Independent Director for five years w.e.f. 7th June 2026 till 6th June 2031
Re-appointment of Mr. Subhash Pandey (Item 9):	Whole Time Director for three years from 25th September 2026 to 24th September 2029 at ₹80,00,000/- per annum

Key Dates and E-Voting Schedule

Parameter:	Details
AGM Date:	Wednesday, 26th August, 2026 at 03:00 P.M. IST
Book Closure:	20th August, 2026 to 26th August, 2026 (both days inclusive)
Cut-off Date for Voting Rights:	Wednesday, 19th August, 2026
Remote E-Voting Opens:	Saturday, 22nd August, 2026 at 09:00 A.M. IST
Remote E-Voting Closes:	Tuesday, 25th August, 2026 at 05:00 P.M. IST
Scrutinizer:	Mr. Saket Sharma, Partner, M/s GSK & Associates (M. No. F4229, C.P. No. 2565)

Shareholder Returns and Capital Allocation

During FY 2025-26, the Board approved a buyback of equity shares aggregating ₹18.92 Crores — the company's second buyback in consecutive years — alongside the interim dividend of ₹2.00 per equity share translating into a cash distribution of ₹12.86 Crores. The Board of Directors at its meeting held on 16th May, 2025 approved the buyback of up to 10,81,081 equity shares at a price of ₹185 per equity share for an aggregate amount of up to ₹20 Crores. All bought-back equity shares were extinguished on 17th June, 2025, and the paid-up equity share capital stood at 6,43,06,509 equity shares as on 31st March, 2026.

Credit Ratings and Strategic Developments

India Ratings and Research reaffirmed the company's ratings across all key instruments. The Issuer Rating, Term Loan and Fixed Deposit ratings remained at IND AA-. Working Capital Limits and Commercial Paper were reaffirmed at IND A1+. During the year, the company executed a Share Purchase Agreement to acquire 4,72,87,537 equity shares of Venus India Asset-Finance Private Limited, representing 51% of its issued and paid-up equity share capital, subject to regulatory approvals including from the Reserve Bank of India. The Notice of AGM along with the Annual Report for FY 2025-26 is available on the Company's website at www.dhampursugar.com .

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+3.74%	-3.60%	+30.68%	+41.97%	+27.42%	-35.46%

Dhampur Sugar Mills has confirmed the timely settlement of a ₹100 crore commercial paper maturity on July 30, 2026. The payment fulfills the company’s obligation under the instrument issued on June 30, 2026, ensuring compliance with Securities and Exchange Board of India (SEBI) regulations for listed debt securities.

The confirmation was issued to the National Stock Exchange of India Ltd and BSE Limited in accordance with Chapter XVII of the SEBI Master Circular (SEBI/HO/DDHS/PoD1/P/CIR/2024/54 dated May 22, 2024). This regulatory framework mandates timely disclosure of payment obligations for commercial papers to maintain market integrity and investor confidence.

Transaction Details

The commercial paper carried an ISIN of INE041A14142 and had a tenor of one month. The company executed the payment on the exact maturity date, avoiding any default or delay penalties.

ISIN	Amount	Issue Date	Maturity Date	Payment Date
INE041A14142	₹100.00 Crores	June 30, 2026	July 30, 2026	July 30, 2026

Regulatory Compliance

Aparna Goel, Company Secretary at Dhampur Sugar Mills, certified the fulfillment of these payment obligations. The certificate serves as formal evidence that the company has met its short-term debt commitments as per the prescribed timeline.

Timely repayment of commercial papers is critical for maintaining credit ratings and access to future short-term funding markets. Any delay could trigger regulatory scrutiny or impact the company’s borrowing costs.