Piccadily Sugar & Allied Reports Profit Turnaround in H1 FY2026
Piccadily Sugar & Allied Limited (PSAIL) has reported a significant financial turnaround for H1 FY2026. The company turned a loss of ₹179.92 lakhs in H1 FY2025 into a profit of ₹151.86 lakhs. Revenue from operations increased by 16.04% to ₹6,794.78 lakhs. Total income rose by 10.29% to ₹343.87 lakhs. EPS improved from -₹0.77 to ₹0.65. Total assets increased to ₹11,630.00 lakhs. The company invested ₹823.72 lakhs in fixed assets and is implementing an ENA/Ethanol Plant for future growth.
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Piccadily Sugar & Allied Limited (PSAIL) has reported a significant turnaround in its financial performance for the first half of the fiscal year 2025-26, as per the company's latest unaudited financial results.
Financial Highlights
| Particulars (in ₹ lakhs) | H1 FY2026 | H1 FY2025 | % Change |
|---|---|---|---|
| Revenue from Operations | 6,794.78 | 5,855.71 | +16.04% |
| Total Income | 343.87 | 311.79 | +10.29% |
| Profit After Tax | 151.86 | (179.92) | N/A |
| EPS (Basic & Diluted) | 0.65 | (0.77) | N/A |
PSAIL has shown a remarkable improvement in its financial performance, turning a loss of ₹179.92 lakhs in H1 FY2025 into a profit of ₹151.86 lakhs in H1 FY2026. The company's revenue from operations increased by 16.04% year-over-year, reaching ₹6,794.78 lakhs.
Operational Performance
The company's total income for H1 FY2026 stood at ₹343.87 lakhs, a 10.29% increase from the previous year. This growth in income, coupled with effective cost management, has contributed to the positive bottom line.
Balance Sheet Strength
As of September 30, 2025, PSAIL's total assets stood at ₹11,630.00 lakhs, showing a significant increase from ₹9,504.14 lakhs as of March 31, 2025. The company's inventory levels have risen substantially, indicating potential preparation for increased production or sales activities.
Cash Flow and Investments
The company reported a positive cash flow from operating activities of ₹886.66 lakhs for H1 FY2026. Notably, PSAIL has invested ₹823.72 lakhs in fixed assets during this period, suggesting ongoing expansion or modernization efforts.
Future Outlook
PSAIL is currently in the process of implementing an ENA/Ethanol Plant, which could potentially drive future growth and diversification of revenue streams. This investment aligns with the broader industry trend towards ethanol production in the sugar sector.
The company's board of directors approved these unaudited financial results in their meeting held on November 6, 2025. The financial statements were reviewed by Jain & Associates, Chartered Accountants, who found no material misstatements.
While the company has shown significant improvement, investors should note that these are unaudited results for a half-year period. The sustainability of this performance and the impact of the ongoing ENA/Ethanol Plant implementation will be key factors to watch in the coming quarters.
Note: All financial figures are based on the unaudited financial results for the half year ended September 30, 2025, as reported by Piccadily Sugar & Allied Limited.
Historical Stock Returns for Piccadily Sugar & Allied
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.58% | -3.82% | -3.78% | -8.56% | -29.10% | +1,221.23% |
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