Shareholders of Dhampure Speciality Sugars approved all three ordinary resolutions at the company’s 34th Annual General Meeting held on September 15, 2026. The meeting concluded within 30 minutes at the registered office in Bijnor, Uttar Pradesh.

The company disclosed the voting results in compliance with Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Uma Verma, a practicing company secretary, served as the scrutinizer for the remote e-voting and postal ballot process.

Voting Participation

A total of 5,324 shareholders were on record as of September 8, 2026. Voting participation was concentrated among promoter entities, while public shareholder engagement remained limited.

Promoter group members held 5,262,508 shares, representing approximately 60.27% of the total equity base of 8,731,200 shares. These promoters voted in favor of all resolutions via e-voting and postal ballot.

Resolutions Passed

The AGM transacted three items of business, all passed with unanimous support from voting shareholders.

1. Adoption of Financial Statements: Shareholders approved the audited standalone and consolidated financial statements for the fiscal year ended March 31, 2026, along with the reports of the Board of Directors and auditors.
2. Reappointment of Director: Mrs. Praveen Singh (DIN: 07145827), who retired by rotation, was reappointed to the board.
3. Reappointment of Managing Director: Mr. Sorabh Gupta (DIN: 00227776) was reappointed as Managing Director. The promoter group declared an interest in this resolution.

No votes were cast against any of the resolutions. Institutional public shareholders did not participate in the voting process.

Dhampure Speciality Sugars Limited ( Dhampure Speciality Sugars ) reported a substantial improvement in financial performance for the fiscal year ended March 31, 2026. The company recorded a consolidated net profit of ₹554.78 lakh, representing a 92.77% increase compared to the ₹287.79 lakh posted in FY25. Consolidated revenue from operations rose 46.71% year-on-year to reach ₹5,838.98 lakh, up from ₹3,979.86 lakh in the prior period.

On a standalone basis, the parent entity also demonstrated strong growth. Standalone revenue from operations expanded by 54.56% to ₹5,530.56 lakh, driven by higher sales volumes across its sugar and jaggery product range. Consequently, standalone net profit more than doubled, climbing 116.06% to ₹540.85 lakh from ₹250.34 lakh in FY25.

Financial Performance Breakdown

The company’s earnings per share (EPS) metrics reflected the underlying profitability gains. Consolidated basic and diluted EPS stood at ₹6.35 per equity share, an increase from ₹3.45 in the previous year. Standalone EPS followed a similar trajectory, rising to ₹6.19 from ₹3.00.

What the Numbers Show

A notable divergence in the company’s operational focus is evident in its export performance versus domestic growth. While total consolidated revenue surged nearly 47%, export sales contracted sharply by approximately 89%, falling from ₹150.90 lakh in FY25 to just ₹16.99 lakh in FY26. This decline coincides with broader regulatory shifts in the sugar sector, where government export restrictions were imposed to ensure domestic availability. Despite this reduction in international sales, the company maintained robust profitability, indicating that domestic realizations and volume growth in its specialty sugar and jaggery portfolio successfully offset the loss of export revenue.

Balance Sheet and Working Capital

Dhampure Speciality Sugars maintained a debt-free balance sheet throughout the period, providing flexibility for working capital management. Total consolidated assets grew by 27.47% to ₹5,065.37 lakh. The company also improved its cash position, with standalone cash and cash equivalents rising to ₹611.51 lakh from ₹196.03 lakh at the end of FY25.

Efficiency metrics showed improvement in receivables management. Debtor days shortened from 33.9 days to 23.1 days, contributing to a reduced working capital cycle that fell from 111 days to approximately 66.6 days. This acceleration in cash conversion aided liquidity without requiring external borrowings.

Corporate Developments

During FY26, the company increased its paid-up share capital through the conversion of 400,000 warrants into equity shares. Additionally, shareholders approved the issuance of 880,000 convertible warrants on a preferential basis to the promoter group during an Extraordinary General Meeting held on March 18, 2026. The Board of Directors did not recommend any dividend for the financial year ended March 31, 2026, opting instead to plough back profits for future growth initiatives.