Ugar Sugar Works Returns to Profitability, Recommends Dividend
Ugar Sugar Works reported a net profit of ₹1,361.20 lakh for FY26, reversing the previous year's loss of ₹1,624.95 lakh, with revenue rising to ₹1,51,509.34 lakh. The Board recommended a 10% dividend and set the AGM for August 5, 2026.

*this image is generated using AI for illustrative purposes only.
ugar sugar works has reported its audited financial results for the quarter and year ended March 31, 2026. The company returned to profitability for the full year, recording a net profit of ₹1,361.20 lakh, a significant turnaround from the net loss of ₹1,624.95 lakh posted in the previous fiscal year.
Financial Performance for FY26
For the year ended March 31, 2026, the company's revenue from operations increased to ₹1,51,509.34 lakh from ₹1,40,741.27 lakh in the prior year. Total income for the period rose to ₹1,52,261.02 lakh. The company reported a profit before tax of ₹1,673.51 lakh, compared to a loss before tax of ₹2,211.11 lakh in FY25. Earnings per share (EPS) for the year were recorded at ₹1.21, recovering from a negative EPS of ₹1.44 in the previous year.
Quarterly Results
In the quarter ended March 31, 2026, the company posted a net profit of ₹4,576.09 lakh. Revenue from operations for the quarter stood at ₹39,701.88 lakh, while total income was ₹40,078.42 lakh. The profit before tax for the quarter was ₹4,640.55 lakh. Basic and diluted EPS for the quarter were ₹4.07.
Dividend Declaration
The Board of Directors has recommended a dividend of 10% for the financial year 2025-26, amounting to ₹0.10 per share. This dividend is subject to the approval of shareholders at the upcoming Annual General Meeting.
Key Financial Metrics
The following table summarizes the company's financial performance for the year and quarter ended March 31, 2026:
| Particulars | Year Ended 31-03-2026 (₹ in Lakhs) | Year Ended 31-03-2025 (₹ in Lakhs) | Quarter Ended 31-03-2026 (₹ in Lakhs) |
|---|---|---|---|
| Revenue from Operations | 1,51,509.34 | 1,40,741.27 | 39,701.88 |
| Total Income | 1,52,261.02 | 1,42,080.56 | 40,078.42 |
| Total Expenses | 1,50,587.51 | 1,44,291.67 | 35,437.87 |
| Profit Before Tax | 1,673.51 | (2,211.11) | 4,640.55 |
| Net Profit | 1,361.20 | (1,624.95) | 4,576.09 |
| Basic EPS (₹) | 1.21 | (1.44) | 4.07 |
Corporate Actions
The Board has fixed the date of the Annual General Meeting as August 5, 2026. The statutory auditors, Kirtane & Pandit LLP, have issued an audit report with an unmodified opinion on the standalone audited financial results for the quarter and year ended March 31, 2026.
Historical Stock Returns for Ugar Sugar Works
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.31% | -0.38% | -1.11% | +4.07% | -15.45% | +41.76% |
What specific operational improvements or cost-reduction strategies drove Ugar Sugar Works' turnaround from a ₹1,624.95 lakh loss to profitability, and are these sustainable in FY27?
How might fluctuations in sugarcane procurement prices and government-mandated Fair and Remunerative Price (FRP) revisions impact the company's margins in the upcoming crushing season?
Given the modest 10% dividend declaration after returning to profitability, could the company be prioritizing capital allocation toward capacity expansion or debt reduction in the near term?


































