Sukhjit Starch & Chemicals reported a 34% year-on-year decline in net profit to ₹26.09 crore for the financial year ended March 31, 2026, down from ₹39.48 crore in the previous year. Despite the annual dip, the company achieved its highest ever quarterly revenue of ₹401.94 crore in Q4FY26, driven by steady demand and easing raw material costs. Revenue from operations for FY26 stood at ₹1,425.68 crore, compared to ₹1,486.19 crore in FY25.

Financial Performance

For the quarter ended March 31, 2026, revenue increased by 16.89% quarter-on-quarter from ₹343.86 crore in Q3FY26. EBITDA for the quarter surged to ₹31.67 crore, up 57.02% quarter-on-quarter, with an EBITDA margin of 7.88%. Profit for the quarter rose to ₹13.23 crore from ₹2.44 crore in the corresponding quarter of the previous year. Total income for the year decreased to ₹1,442.40 crore from ₹1,493.02 crore in the prior year.

On a consolidated basis, net profit for FY26 fell to ₹27.03 crore from ₹39.95 crore in FY25. Consolidated revenue from operations for the year stood at ₹1,451.04 crore, compared to ₹1,506.19 crore in the previous year. For the quarter ended March 31, 2026, consolidated net profit was ₹14.59 crore, with revenue at ₹410.69 crore.

Management Commentary

Mr. K.K. Sardana, Managing Director, stated that Q4 was a relatively healthy quarter supported by steady demand conditions, broadly stable finished goods pricing, and some easing in key raw material costs. He noted that while certain cost elements like packing materials and petroleum-linked inputs remained firm, the company managed these pressures through operational discipline. Looking ahead, the company remains cautiously optimistic about sustaining momentum in the coming quarters.

Dividend and Management Decisions

The Board recommended a final dividend of 20%, amounting to ₹1 per equity share of ₹5 each for FY26. This declaration is contingent upon approval by members at the upcoming Annual General Meeting. Additionally, the Board approved the re-appointment of Sh. Madan Gopal Sharma as Executive Director for a term of five years, effective from June 1, 2026, to May 31, 2031, subject to shareholder approval.

Auditor and Operational Updates

M/s Y.K. Sud & Co., Chartered Accountants, issued an unmodified opinion on the audited financial results. The Board also ratified the appointment of M/s Kushwinder Kumar & Associates as Cost Auditors for the financial year ending March 31, 2027, subject to the ratification of their remuneration by shareholders. Furthermore, the Board approved shifting the registered office from Sarai Road, Phagwara, to Rehana Jattan, Teh. Phagwara, within the same district and state, following a special resolution passed by members.

Sukhjit Starch & Chemicals has notified the stock exchanges of an upcoming Board of Directors meeting, scheduled for Wednesday, May 27, 2026. The intimation, filed on May 15, 2026 and signed by Aman Deep Setia, Sr. Vice President (Finance) & Company Secretary, was submitted to both BSE Limited and the National Stock Exchange of India Limited in compliance with Regulation 29 of the applicable listing regulations.

Board Meeting Agenda

The board meeting has been convened to consider the following key matters:

• Audited Financial Results (Standalone & Consolidated) for the quarter and financial year ended March 31, 2026
• Dividend recommendation, if any, for the financial year ended March 31, 2026

The following table summarises the key details of the scheduled board meeting:

Trading Window Closure

In accordance with the applicable insider trading regulations, the trading window for dealing in the securities of Sukhjit Starch & Chemicals has been closed for all Directors, officers, and designated employees of the company with effect from April 1, 2026. The trading window will reopen 48 hours after the announcement of the financial results to the public.