Ugar Sugar Works Turns Profitable in FY26
Ugar Sugar Works Limited announced its standalone audited financial results for the year ended March 31, 2026, reporting a turnaround with a net profit of Rs. 1,361.20 lakhs compared to a net loss of Rs. 1,624.95 lakhs in the previous year. Revenue from operations increased to Rs. 1,51,509.34 lakhs from Rs. 1,40,741.27 lakhs in FY25, while total expenses were Rs. 1,50,587.51 lakhs. The Board of Directors recommended a dividend of 10% (Rs. 0.10 per share) for FY 2025-26, subject to shareholder approval.

*this image is generated using AI for illustrative purposes only.
Ugar Sugar Works Limited announced its standalone audited financial results for the quarter and year ended March 31, 2026. The company reported a significant turnaround in profitability for FY26, swinging to a net profit after tax of Rs. 1,361.20 lakhs from a net loss of Rs. 1,624.95 lakhs in FY25. Kirtane & Pandit LLP, the Statutory Auditor, issued an audit report with an unmodified opinion on these audited financial results.
Annual Financial Performance
For the full year ended March 31, 2026, revenue from operations rose to Rs. 1,51,509.34 lakhs from Rs. 1,40,741.27 lakhs in the previous year. Total income for FY26 stood at Rs. 1,52,261.02 lakhs compared to Rs. 1,42,080.56 lakhs in FY25. Total expenses for FY26 were Rs. 1,50,587.51 lakhs against Rs. 1,44,291.67 lakhs in FY25. Profit before tax for FY26 came in at Rs. 1,673.51 lakhs, compared to a loss before tax of Rs. 2,211.11 lakhs in FY25.
| Metric: | FY26 (Audited) | FY25 (Audited) |
|---|---|---|
| Revenue from Operations: | Rs. 1,51,509.34 lakhs | Rs. 1,40,741.27 lakhs |
| Total Income: | Rs. 1,52,261.02 lakhs | Rs. 1,42,080.56 lakhs |
| Total Expenses: | Rs. 1,50,587.51 lakhs | Rs. 1,44,291.67 lakhs |
| Profit/(Loss) Before Tax: | Rs. 1,673.51 lakhs | Rs. (2,211.11) lakhs |
| Net Profit/(Loss) After Tax: | Rs. 1,361.20 lakhs | Rs. (1,624.95) lakhs |
| Basic & Diluted EPS (Re. 1): | Rs. 1.21 | Rs. (1.44) |
Segment-Wise Performance
The company operates across multiple segments. On a segment results basis, the Sugar segment reported a profit of Rs. 8,036.62 lakhs in FY26 versus Rs. 2,431.98 lakhs in FY25. The Co-generation segment improved to Rs. 2,471.49 lakhs from Rs. 440.18 lakhs. Industrial Alcohol reported a profit of Rs. 2,026.67 lakhs compared to Rs. 4,762.76 lakhs in FY25. The Potable Alcohol segment reported a loss of Rs. (324.93) lakhs, an improvement from Rs. (492.66) lakhs in FY25.
Balance Sheet and Dividend
Total assets as on March 31, 2026 stood at Rs. 1,32,028.17 lakhs compared to Rs. 1,13,062.66 lakhs as on March 31, 2025. Net cash from operating activities for FY26 was Rs. 4,373.11 lakhs, up from Rs. 2,130.58 lakhs in FY25. The Board of Directors recommended a dividend of 10% (Rs. 0.10 per share) for FY 2025-26, subject to shareholder approval at the Annual General Meeting scheduled for August 5, 2026.
Historical Stock Returns for Ugar Sugar Works
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +3.06% | -0.27% | -4.21% | +0.19% | -14.66% | +42.69% |
Can Ugar Sugar Works sustain its profitability turnaround in FY27 given the cyclical nature of sugar prices and potential fluctuations in sugarcane availability?
What strategic investments or capacity expansions is Ugar Sugar Works planning to capitalize on the strong co-generation segment growth, particularly amid India's push for renewable energy?
How might evolving government ethanol blending policies impact the company's Industrial Alcohol segment, which saw a significant profit decline despite overall company recovery?


































