Dalmia Bharat Sugar & Industries Limited, a prominent player in the Indian sugar industry, has announced a significant change in its senior management. Agha Asif Beig, the Unit Head of the company's Ramgarh facility, has tendered his resignation, citing personal reasons.

Resignation Details

The company disclosed this development in a regulatory filing to the Bombay Stock Exchange and the National Stock Exchange of India. Here are the key details of the resignation:

Company's Response

Dalmia Bharat Sugar & Industries Limited has accepted Beig's resignation. The company's disclosure, signed by Company Secretary Rachna Goria, states that the resignation will come into effect from November 25, 2025, providing a transition period of approximately three weeks.

Implications and Next Steps

While the company has not provided information about a successor, the advance notice of Beig's departure may allow Dalmia Bharat Sugar & Industries to ensure a smooth transition in the leadership of its Ramgarh unit. The impact of this change on the unit's operations and the company's overall performance remains to be seen.

As a key member of the senior management team, Beig's departure may bring about changes in the unit's management strategy. Stakeholders and industry observers will likely be watching closely to see how the company addresses this change and who will be appointed to fill this crucial role.

Dalmia Bharat Sugar & Industries Limited, part of the larger Dalmia Bharat Group, continues to be a significant player in the Indian sugar industry. The company's ability to manage such transitions effectively will be important for maintaining its market position and operational efficiency.

Dalmia Bharat Sugar & Industries Limited (DBSIL) has reported a 7% year-on-year increase in total revenue for the second quarter of fiscal year 2026, reaching Rs. 989.00 crore. The company's financial results, released on November 4, 2025, show resilience in a challenging market environment and optimism for the upcoming sugarcane crop season.

Q2 FY26 Financial Highlights

• Total revenue stood at Rs. 989.00 crore, up 7% from the same quarter last year
• Sugar sales volume increased by 2% year-on-year to 1.80 lakh metric tonnes (LMT)
• Average sugar Net Sales Realization (NSR) improved by 4% to Rs. 39.91 per kg
• Distillery volume grew by 3% year-on-year to 4.02 crore litres

Half-Year Performance

For the first half of FY26, DBSIL reported:

• Total revenue of Rs. 1,930.00 crore, a 3% increase year-on-year
• Sugar sales volume of 3.20 LMT, down 6% compared to H1 FY25
• Average sugar NSR of Rs. 39.86 per kg, up 4% year-on-year
• Distillery volume growth of 12% to 9.17 crore litres

Segment-wise Performance

Outlook and Industry Dynamics

DBSIL management expressed optimism about the upcoming sugarcane crop, citing expectations of good rainfall. The company stated, "Present Sugarcane Crop outlook is promising basis predictions of above normal rainfall with optimal distribution."

However, the sugar industry faces challenges, including increased sugarcane prices in Uttar Pradesh, which have risen by Rs. 30.00 per quintal for the 2025-26 sugar season. This increase is expected to put pressure on the profitability of both sugar and distillery segments.

The company emphasized the need for timely policy decisions to support the industry, stating, "Early decisions on Sugar export, increase in MSP of Sugar and Ethanol prices will certainly help the industry to combat current margin pressures."

Ethanol Allocation

For the Ethanol Supply Year (ESY) 2025-26, the ethanol allocation stands at 1,050.00 crore litres against an offer of 1,776.00 crore litres, with grain-based ethanol comprising 72% of the mix.

Despite challenges, Dalmia Bharat Sugar & Industries Limited remains focused on building a resilient and sustainable future through strategic initiatives and technology-driven innovation. The company's diverse portfolio across sugar, distillery, and power segments positions it to navigate the evolving market landscape.

Investors and industry observers will be watching closely to see how DBSIL capitalizes on the anticipated healthy sugarcane crop and manages the impact of increased input costs in the coming quarters.