The Ugar Sugar Works Limited announced its standalone audited financial results for the quarter and year ended March 31, 2026, following a Board of Directors meeting held on May 12, 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, supported by higher revenue from operations. The results were reviewed by the Audit Committee and approved by the Board at its meeting on May 12, 2026.

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, reflecting growth across key business segments. Total income, including other income of Rs. 751.68 lakhs, 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, with cost of materials consumed rising to Rs. 1,32,770.40 lakhs from Rs. 1,05,950.84 lakhs. 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.

The following table summarises the key financial metrics for FY26 versus FY25:

Quarterly Performance: Q4 FY26

For the quarter ended March 31, 2026, the company reported revenue from operations of Rs. 39,701.88 lakhs, compared to Rs. 52,420.84 lakhs in the corresponding quarter of the previous year. Profit before tax for Q4 FY26 stood at Rs. 4,640.55 lakhs versus Rs. 4,500.33 lakhs in Q4 FY25. Net profit after tax for the quarter was Rs. 4,576.09 lakhs compared to Rs. 5,108.41 lakhs in Q4 FY25. Basic and diluted earnings per share for Q4 FY26 were Rs. 4.07, against Rs. 4.54 in the corresponding quarter of the previous year.

Segment-Wise Revenue and Results

The company operates across multiple segments. For FY26, net sales/income from operations after inter-segment elimination stood at Rs. 1,51,509.34 lakhs. The segment-wise revenue (before inter-segment elimination) for FY26 is presented below:

On a segment results basis (profit/loss before interest and tax), the Sugar segment reported a profit of Rs. 8,036.62 lakhs in FY26 versus Rs. 2,431.98 lakhs in FY25, while Co-generation 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 continued to report a loss of Rs. (324.93) lakhs, an improvement from Rs. (492.66) lakhs in FY25.

Balance Sheet and Cash Flow Highlights

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. Equity share capital remained unchanged at Rs. 1,125.00 lakhs, while other equity increased to Rs. 22,243.26 lakhs from Rs. 20,475.11 lakhs. Inventories rose to Rs. 70,076.17 lakhs from Rs. 52,631.90 lakhs. Net cash from operating activities for FY26 was Rs. 4,373.11 lakhs, up from Rs. 2,130.58 lakhs in FY25. Closing cash and cash equivalents stood at Rs. 195.44 lakhs as on March 31, 2026, compared to Rs. 168.78 lakhs as on March 31, 2025.

The key balance sheet and cash flow figures are summarised below:

Dividend and Corporate Developments

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. The Board fixed the date of the Annual General Meeting as August 5, 2026. The company noted that crushing operations for Sugar Season 2025-26 at the Ugar Unit commenced on November 10, 2025, and concluded on March 10, 2026, while the Jewargi Unit commenced on November 13, 2025, and concluded on March 13, 2026. The company does not have any subsidiary, associate company, or joint venture as on March 31, 2026. The financial results were audited by M/s Kirtane & Pandit LLP, Chartered Accountants (Firm Registration No. 105215W/W100057), Pune.

ugar sugar works has informed the stock exchanges of an upcoming Board of Directors meeting scheduled for Tuesday, May 12, 2026. The meeting has been convened to approve and take on record the audited financial results along with segment-wise revenue results for the quarter and year ended March 31, 2026.

Board Meeting Agenda

The key items to be addressed at the forthcoming board meeting are outlined below:

Trading Window Closure

In compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, the company has imposed a trading window closure for dealing in the securities of the company. The trading window shall remain closed for Directors, Designated Employees, and Insiders from January 1, 2026, until 48 hours after the declaration of financial results (both days inclusive).

The intimation was signed by Tushar Deshpande, Company Secretary (M. No: A45586), on behalf of The Ugar Sugar Works Limited, and was addressed to both the Bombay Stock Exchange Limited and the National Stock Exchange of India Limited.