Ugar Sugar Works Returns to Profitability, Recommends Dividend

1 min read     Updated on 22 May 2026, 12:49 PM
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Shriram SScanX News Team
AI Summary

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.

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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 Day5 Days1 Month6 Months1 Year5 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?

Ugar Sugar Works Turns Profitable in FY26

2 min read     Updated on 14 May 2026, 08:18 AM
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Reviewed by
Anirudha BScanX News Team
AI Summary

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.

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*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 Day5 Days1 Month6 Months1 Year5 Years
-0.31%-0.38%-1.11%+4.07%-15.45%+41.76%

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?

More News on Ugar Sugar Works

1 Year Returns:-15.45%