Dhampur Sugar Mills Limited announced Q1 financial results with consolidated revenue rising 9.2% to ₹740.68 crore, driven by higher sugar and ethanol sales. However, profitability declined with EBITDA decreasing to ₹30.70 crore and net profit falling to ₹0.70 crore. The sugar segment reported negative EBIT despite revenue growth, while the ethanol segment showed strong performance. Sugar sales volume increased marginally to 0.80 lakh tons with improved realization at ₹39,999 per ton. The company maintained a stable financial position with a debt-to-equity ratio of 0.56 times and completed a share buyback program of ₹20 crore.
Dhampur Sugar Mills is facing a ₹37.73 crore demand from the Uttar Pradesh government due to the reinstatement of an import/export fee on denatured spirit. The company is contesting this decision. Simultaneously, Dhampur Sugar Mills has issued Commercial Paper worth ₹100 crore at 6.95% interest rate, maturing in 77 days.
25Jul 25
Dhampur Sugar Mills Issues ₹100 Crore Commercial Paper with 6.95% Interest Rate
Dhampur Sugar Mills Limited (DSML) has announced the issuance of commercial paper worth ₹100 crore. The CP has a tenure of 77 days, from July 25, 2025 to October 10, 2025, with an interest rate of 6.95% per annum. The issue value is ₹98,55,50,000 with a redemption value of ₹100,00,00,000. Kotak Mahindra Bank Limited is the favored issuer, and the CP has received an IND A1+ credit rating from India Ratings and Research Private Limited. The commercial paper will be listed on the BSE Limited.
Dhampur Sugar Mills has approved a share buyback program of up to ₹200 million and released Q4 financial results. Revenue increased by 20.9% to ₹8.10 billion, while EBITDA rose 4.1% to ₹1.00 billion. However, net profit declined 4.5% to ₹493.80 million, and EBITDA margin contracted to 12.37% from 14.41% year-over-year. Despite the slight dip in profitability, the company showed strong quarter-on-quarter recovery in net profit.
Dhampur Sugar Mills Ltd reported a 10% year-over-year increase in consolidated revenue to ₹619.00 crore for Q4. However, consolidated net profit declined by 5.4% to ₹49.00 crore. EBITDA improved by 4.9% to ₹100.70 crore, but the EBITDA margin contracted to 16.3% from 17.1% year-on-year. The results indicate revenue growth amid challenging market conditions, with pressure on profit margins.
07Mar 25
Dhampur Sugar Mills Raises ₹100 Crore Through Commercial Paper Issuance
Dhampur Sugar Mills Limited has successfully raised ₹100 crore by issuing commercial paper. The CP has a 46-day tenure, 7.90% interest rate, and is rated IND A1+ by India Ratings and Research. The issue value is ₹99,01,42,000 with a redemption value of ₹100,00,00,000. The CP will be listed on BSE Limited and was issued in favor of Kotak Mahindra Bank Limited. This move demonstrates the company's strong creditworthiness and ability to access short-term financing at competitive rates.
06Mar 25
Dhampur Sugar Mills Raises ₹100 Crore Through Commercial Paper Issuance
Dhampur Sugar Mills Limited (DSML) has issued commercial paper worth ₹100 crore. The CP has a 46-day tenure, from March 6 to April 21, 2025, with a 7.90% interest rate. It received an 'IND A1+' credit rating from India Ratings and Research, indicating strong financial health. The CP will be listed on BSE Limited, with an issue value of ₹99,01,42,000 and a redemption value of ₹100,00,00,000.