Results for quarter ended 31-06-2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.1 pts less than Nifty Microcap 250 and 0.2 pts less than its Sugar peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Piccadily Sugar & Allied Industries reported no revenue from operations (Gross Sales: NIL) in Q1 FY26, compared to Rs. 27.78 lakhs in Q1 FY25 — a complete wipeout of operating revenue for the quarter. The company only earned Rs. 88.62 lakhs as 'Other Income', which kept the quarter from slipping into a deeper loss. Net result was a loss of Rs. 9.75 lakhs versus a loss of Rs. 59.66 lakhs in the same quarter last year, with EPS of Rs. 0.06. The company's Other Equity stands at a negative Rs. 1,197.79 lakhs, indicating accumulated losses have eroded shareholder funds. The auditor (Jain & Associates) issued an unqualified limited review report. Management notes the company is in the process of setting up an ENA/Ethanol plant, which explains the lack of sugar milling activity in this off-season quarter.
Zero operating revenue and deeply negative net worth are red flags for shareholders, though the smaller quarterly loss and the upcoming ethanol plant offer some hope. Short-term stock sentiment is likely to remain weak until commercial ethanol production begins.