Investor Presentation on the Audited Financial Results of the Company for the financial year ended 31st March 2026
MAGADSUGAR · price
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Magadh Sugar & Energy Ltd reported a decline in FY26 performance with total income falling 6% to Rs 1,249 crore, EBITDA dropping 29% to Rs 151 crore, and PAT declining 41% to Rs 64 crore compared to FY25. Revenue fell primarily due to a 14% drop in sugarcane crushing, resulting in 9% lower sugar sales volume. A one-time cane commission remission charge of Rs 25 crore (recorded in FY24) also comparisons inflated. Sugar realisation improved 5% to Rs 4,098 per quintal, partially offsetting volume losses. The company maintained flat ethanol sales of ~462 lakh litres and upgraded its credit rating to A+ by India Ratings in May 2026. The board recommended a dividend of Rs 12.50 per share (125% face value). The company flagged key concerns including the MSP freeze since 2019, rising cane costs, and the need for ethanol price revision to maintain industry viability.
The stock may face near-term pressure due to weak profitability and declining volumes, though the credit rating upgrade and dividend payout offer some support. Long-term outlook hinges on MSP revision and ethanol pricing policy.