Sugar company Dalmia Bharat Sugar and Industries announced Q2FY26 results Total Revenue stood at Rs 989 crore, +7% YoY. Sugar sales stood at 1.8 LMT for the quarter, +2% YoY. Company delivered an average sugar NSR of Rs 39.91/kg, +4% YoY. Distillery volume stood at 4.02 crore Ltr, +3 % YoY. Result PDF
Sugar company Dalmia Bharat Sugar and Industries announced Q1FY26 results Total Revenue stood at Rs 957 crore, -2% YoY. Sugar sales stood at 1.5 LMT for the quarter, -11% YoY. Company delivered an average sugar NSR of Rs 39.8/kg, +5% YoY. Distillery volume stood at 5.2 crore Ltr, +21 % YoY. Long term credit rating upgraded to CARE AA+; Stable. Short term credit rating reaffirmed at CARE Al+. Pankaj Rastogi, Whole-Time Director & CEO, Dalmia Bharat Sugar and Industries, said: "Despite lower crushing in Uttar Pradesh and subdued margins in cane-based distilleries, the Company recorded a PAT of Rs 38 crore and a turnover of Rs 957 crore, driven by higher volumes in grain distilleries and a remarkably higher sugar NSR." "We are committed to put strong emphasis on strategic priorities like improving cane yields and area by leveraging next-generation technologies, including artificial intelligence." Result PDF
Sugar company Dalmia Bharat Sugar and Industries announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Revenue from operations reached Rs 1,018 crore, surpassing the Rs 1,000 crore milestone for only the second time in the Company's history-the previous instance being in Q4FY23. Sugar sales stood at 1.5 LMT for the quarter, with exports contributing 0.1 LMT approximately 9% of the total volume. Company benefited from favorable market environment, achieving an average sugar NSR of Rs 38.9/kg-5% higher year-on-year. Throughout the quarter, sugar diversion towards ethanol production via the B-heavy molasses and juice route remained unrestricted. As a result, the Cane Distillery outperformed expectations, exceeding YoYvolume targets by 31% {Q4FY25: 3.4 crore liters, Q4FY24: 2.6 crore liters) As a result of the above factors, the company recorded EBITDA of Rs 215 crore and PAT Rs 206 crore. FY25 Financial Highlights: Company achieved all-time high domestic sugar sales volumes of 5.9 LMT, leading to a significant reduction in year-end sugar inventory to 3.8 LMT, down from 4.3 LMT in FY24. The Company reported an all-time high average sales realization of Rs 38/kg. The Grain Distillery delivered 6.2 crore liters in FY25, a significant increase of 72% YoY, driven by capacity expansion. As a result, DBSIL reported strong financial performance EBITDA of Rs 544 crore, and PAT of Rs 387 crore. Total borrowings (Current and Non-current) reduced by Rs 386 crore, declining from Rs 1,430 crore to Rs 1,044 crore. Commenting on the performance, Pankaj Rastogi, Whole-Time Director & CEO of Dalmia Bharat Sugar and Industries, remarked that, "Despite pressure on cane yield and sugar content%, we were able to achieve remarkable volume growth of 29% YoY delivering revenue of Rs 1,018 crore with PAT of Rs 206 crore. during Q4FY25." He further added that "Cane distillery profitability continues to face headwinds due to no price increase for BH and Juice based Ethanol." He concluded by reaffirming the company's dedication to sustainable value creation, stating: "We are putting significant focus on digitalization & automation, and simplifying processes by leveraging next-generation technologies, including artificial intelligence." Result PDF
Sugar company Dalmia Bharat Sugar and Industries announced Q3FY25 results Revenue from operations Rs 841 crore, +44% YoY. Domestic sugar sales volume 1.2 LMT, +67% YoY. Average Sugar sales realization Rs 38.8 per Kg, -2% YoY. Distillery sales volumes 4.8 crore Liters, +17% YoY. PAT Rs 60 crore, -8% YoY. The board has approved interim dividend of Rs 4.50/- per share (face value 2/-per share) for FY25. Pankaj Rastogi, Whole-Time Director & CEO of Dalmia Bharat Sugar and Industries, remarked that, “Despite subdued sugar prices we achieved remarkable volume growth of 67% YoY delivering revenue of Rs 841 crore with PAT of Rs 60 crore. during Q3FY25.” “Cane distillery profitability continues to face headwinds due to the government's decision not to implement a price increase for BH and Juice based Ethanol” . He concluded by reaffirming the company’s dedication to sustainable value creation: “We remain committed to growth, innovation, and operational excellence to create enduring value for our stakeholders.” Result PDF
Sugar company Dalmia Bharat Sugar and Industries announced H1FY25 & Q2FY25 results Q2FY25 Financial Highlights: Revenue from operations Rs 926 crore, change +27% YoY. Domestic sugar sales volume 1.7 LMT, change +51% YoY. Average Sugar sales realization Rs 38.4 per kg, change +2% YoY. Distillery sales volumes 3.9 crore Liters, change -19% YoY. PAT Rs 66 crore, +20% YoY. H1FY25 Financial Highlights: All time high revenue from operations Rs 1,887 crore, change +20% YoY. Domestic sugar sales volume 3.4 LMT, change +40% YoY. Average Sugar sales realization Rs 38.6 per Kg, change +5% YoY. Distillery sales volumes 8.2 crore Liters, change -17% YoY due to restricted sugar diversion. PAT Rs 121 crore, change +4% YoY. Net Debt as on 30" Sept 24 is Nil. Pankaj Rastogi, Whole-Time Director & CEO of Dalmia Bharat Sugar and Industries, said: “Despite various challenges we achieved record H1 volumes and revenue in the sugar segment and higher PAT by 4% YoY.” Rastogi also expressed appreciation for the Union Government’s significant policy change, "Which allows sugar mills unrestricted use of cane juice/syrup and B Heavy molasses to produce ethanol during the upcoming Ethanol Supply Year (ESY) 2024-25. He noted, “This forward-thinking step will support our farmers as well as contribute to the country’s energy security and environmental sustainability.” He concluded by reaffirming the company’s dedication to sustainable value creation: “We remain committed to growth, innovation, and operational excellence to create enduring value for our stakeholders.” Result PDF
Sugar company Dalmia Bharat Sugar and Industries announced Q1FY25 results: Revenue from Operations at Rs 960 crore, +15% YoY, +28% QoQ Domestic sugar sales volume at 1.64 LMT, +29% YoY, +48% QoQ Average Sugar sales realization at Rs 38.9 per Kg, +6% YoY, +2% QoQ Distillery sales volumes at 4.3 crore Liters, -16% YoY, 17% QoQ Operating EBITDA Margin at 12% compared to 14% in Q1FY24 Total Debt reduced to Rs 848 crore from Rs 1,431 crore as on 31st March 2024 Result PDF
Sugar company Dalmia Bharat Sugar and Industries announced FY24 results: Industry leading Operating EBIDTA margin of 14.9%. Cane crushed qty has increased by 11.2% compared to FY23. Sugar production has increased by 32.8% reaching to 6.35 LMT. Increase in domestic sugar sales volume by 8.4% by reaching to 4.24 LMT. Average Sugar sales realization improved by 2.3% on a blended basis (including exports) Highest ever distillery sales volumes of 17.7 Cr liters, 7% increase over last year. Commercial production at our wholly owned subsidiary, Baghauli Sugar and Distillery Limited has commenced in Q4 in record time. Grain distillery capacity increased to 250 KLPD from 110 KLPD. The board has proposed final dividend of Rs 1.25/- per share (face value 2/-per share) for FY24 subject to shareholders’ approval. Thus the total dividend is Rs 5/share for FY24. Reflecting on our financial performance, Bharat Bhushan Mehta, Whole Time Director & CEO of Dalmia Bharat Sugar and Industries, said “Despite challenges, we have witnessed a commendable increase of 33% in Sugar Production coupled with significant increase in domestic sugar sales volumes. Notably, our strategic shift towards ethanol production from grain as a feedstock has proven successful in mitigating diversion risks. In terms of significant projects, we are pleased to announce the completion of grain-based distillery expansion project at Jawaharpur, UP, from 110 KLPD to 250 KLPD. Furthermore, following the acquisition of 100% equity shares of Baghauli Sugar and Distillery Limited, commercial production has commenced in Q4 in record time. These milestones underscore our commitment to growth, innovation, and operational excellence as we navigate dynamic market conditions and pursue sustainable value creation for our stakeholders.” Result PDF
Dalmia Bharat Sugar and Industries announced Q1FY24 results: Total income of Rs 843 crore in Q1FY24 compared to Rs 932 crore in Q1FY23, down 10% EBITDA of Rs 128 crore in Q1FY24 compared to Rs 116 crore in Q1FY23, up 10% PBT of Rs 87 crore in Q1FY24 compared to Rs 70 crore in Q1FY23, up 25% PAT of Rs 61 crore in Q1FY24 compared to Rs 49 crore, up 25% Higher distillery sales due to grain distillery at the Jawaharpur unit Contribution from grain distillery. Sugar inventory as on 30th June 2023 stood at 1.72 lakh MT and was valued at Rs 30.90/kg. Closed crushing for sugar season 22-23 with 3 units namely Jawaharpur, Nigohi & Ninaidevi recording the highest-ever crush. UP cane crush higher by ~15% than last season. Result PDF
Dalmia Bharat Sugar and Industries announced Q4FY23 & FY23 results: Q4FY23 vs Q4FY22: Revenue: Rs 1,162 crore vs Rs 863 crore, up 35% EBITDA: Rs 220 crore vs Rs 135 crore, up 63% PBT: Rs 176 crore vs Rs 108 crore, up 62% PAT: Rs 124 crore vs Rs 56 crore, up 123% FY23 vs FY22: Revenue: Rs 3,328 crore vs Rs 3,071 crore, up 8% EBITDA: Rs 512 crore vs Rs 507 crore, up 1% PBT: Rs 356 crore vs Rs 380 crore, down 6% PAT: Rs 250 crore vs Rs 295 crore, down 15% Result PDF
