Sugar
45 recent notes from companies in this sector. 20 companies tracked.
Davangere Sugar's FCCB could flood 264 cr shares at ₹3.60
The USD 100M bond issue, netting USD 85M at a 15% discount, would massively dilute a ₹513 cr micro-cap.
Davangere Sugar's ₹952 cr FCCB plan risks massive dilution
The micro-cap sugar company is raising nearly double its market cap via FCCBs convertible into 2,645 crore shares at ₹3.60 each, overwhelming existing equity.
Bannari Amman Sugars faces ₹12.72 cr revival of electricity tax demand
A 2019-withdrawn tax demand has been revived by a new District Collector, catching the company off-guard despite a 2012 High Court order in its favour. The amount is 8.6% of FY26 net profit.
Dhampur Sugar issues ₹100 cr CP at 7.15%, rolls over maturing paper
The 30-day paper placed with Kotak Mahindra Bank is 11.3% of market cap. It replaces a maturing CP of similar size, flagging continued reliance on short-term funding.
Godavari Biorefineries starts grain-based ethanol unit, adds feedstock flexibility
The ₹130 crore investment adds 200 KLPD capacity, giving the sugar company dual-feedstock resilience and supporting higher ethanol output under the government's blending mandate.
SBEC Sugar secures ₹100 cr promoter-group loan at 15% interest
The unsecured loan from Longwell Investment is 23.6% of market cap and provides working capital support for the nano-cap sugar processor.
TruAlt Bioenergy lands ₹150 cr government grant for SAF plant
The grant under PM JI-VAN Yojana covers 7-10% of project capex, boosting India's 1% SAF blending target by 2027 and validating TruAlt's strategic direction.
Shree Hanuman Sugar's FY26 loss at ₹89 lakh, plant idle since 2012
Audited annual results show negligible revenue of ₹4.35 lakh; auditor repeats going concern qualification. Company remains under CIRP with no new material developments.
Godavari Biorefineries lands Japanese patent for cancer compound
The sugar-to-ethanol producer was granted patent 7869786 for a compound targeting breast and prostate cancer stem cells. No commercialization plans were disclosed.
Oswal Overseas is in insolvency over a ₹2.25 cr debt it couldn't explain away.
NCLT has frozen the sugar maker's assets and appointed a resolution professional. The defence collapsed.
Uttam Sugar's debt gets cheaper as India Ratings lifts rating to IND A
A one-notch upgrade on **₹1,000 cr** in bank facilities lowers borrowing costs for a micro-cap whose debt is larger than its market value.
Triveni's power unit locks in Asia's first defence-gearbox order ahead of demerger
The demerger of the power transmission business remains on track for an August listing. It carries a ₹500-crore order book.
Indian Sucrose profit falls 19% on Punjab excise settlement charge
The ₹17.10 cr one-time settlement ate into full-year earnings. Revenue also slipped, and the board meeting was delayed for technical clarifications.
Mawana Sugars reverses course, declares ₹4 per share dividend
The board skipped a dividend in May. Now it's paying one worth about 10% of the company's market cap.
Apollo Ingredients sets an RPT limit equal to its entire revenue
The board cleared a ₹5 crore related-party transaction limit with an associate. That ceiling matches Apollo Ingredients' total income for FY26.
Dhampur Bio locks in 74% stake of JV with Orgonew for functional foods
A micro-cap sugar company formalizes a diversification play. The deal terms were already priced in.
Triveni's sugar crush missed guidance. Distillery hit a record.
Sugarcane volumes fell 8.8% after weather and crop diversion wrecked management's growth outlook. Distillery revenues hit ₹1,550 crore.
Parvati Sweetners posts ₹13 cr annual loss after revenue drops 66%
A ₹15 crore Q4 couldn't save a year where revenue collapsed and the company swung to a deep net loss.
Dhampur Bio's profit doubles, eyes FMCG pivot with ₹1 lakh acquisition
Net profit more than doubled to ₹24.97 crore as the sugar-distillery player recommended a ₹1.50/share dividend and picked up a shell for its FMCG push.
Rana Sugars' sugar business lost ₹46.5 cr. A one-time gain hid the damage.
Full-year profit fell 30% to ₹23.81 cr. A ₹32.38 cr impairment reversal kept the company from a near-breakeven result.
MPDL's revenue quintupled to ₹20.32 cr. Its losses grew too.
Project execution surged, but construction costs outpaced the gains. A key Faridabad tower gets its completion certificate, unlocking collections.
Indian Sucrose can't close its books. Auditors need more time.
The nano-cap sugar maker has pushed its annual results to June 5 after management and auditors flagged reconciliation issues. The trading window is closed until then.
Kesar's auditors flag going-concern risk as NCLT hearing looms
FY26 losses narrowed to ₹48 crore but net worth is gone. A June 5 hearing on a ₹69.7 crore insolvency claim is the next test.
K.C.P. Sugar's full-year profit drops 23% as revenue slides
Consolidated net profit fell to ₹11.13 crore in FY26 from ₹14.39 crore a year ago, hurt by a cyclical downturn in the sugar sector.
E.I.D.-Parry shutters refinery, targets debt cut of ₹600 cr
Management is closing its Parry Sugars refinery and pivoting its consumer division to higher-margin products. Dividends remain off the table.
Khaitan (India) reports revenue growth, but auditors flag mill status
Revenue climbed to ₹11,222.72 lakhs for FY26, yet net profit slipped as auditors issued a qualified opinion over the classification of a suspended sugar mill.
E.I.D.-Parry books ₹478 cr in charges to shut its sugar refinery
The company swung to a deeper quarterly loss as it quantifies the cost of exiting the refinery business. Full-year profit fell 35% despite 22% revenue growth.
E.I.D. Parry posts ₹340 cr Q4 loss on refinery shutdown charges
Exceptional items of ₹478 crore from the Parry Sugars Refinery exit drove the quarterly loss. For the full year, consolidated profit slumped 35% to ₹570 crore.
Parry's refinery exit costs ₹478 cr. Profit sinks 35% on a 22% revenue jump.
A ₹591 crore guarantee provision for the shuttered refinery drove a ₹478 crore quarterly charge, widening the standalone loss to ₹340 crore.
Godavari Biorefineries swings to profit on record sugarcane crush
The company posted a net profit of ₹3.5 crore for FY26, ending a year of losses as finance costs dropped 32% and crushing volumes hit 2.5 million tonnes.
Dalmia Bharat Sugar adds biofuels to its business scope
The company amended its memorandum to allow production of green hydrogen and sustainable aviation fuel, though it has yet to outline specific investments.
Parvati, a loss-making nano-cap, proposes 51% stake buy in Vedshree Food
A ₹106 cr market-cap company with declining revenues will weigh an acquisition alongside its FY26 results on May 30.
Sakthi Sugars needed a ₹82 crore tribunal award to post a profit
The Appellate Tribunal for Electricity handed the sugar maker a one-off windfall that masked a weak operational year. Revenue fell and full-year profit dropped 65%.
Sakthi Sugars books ₹82 cr from a power tariff win, swinging Q4 to profit
An appellate tribunal order delivered ₹8,211 lakhs in co-generation income that turned a loss-making quarter into an ₹8,650 lakhs profit.
Balrampur Chini misses sugar crush target, sticks to ₹3,080 cr PLA bet
India's first polylactic acid plant is on track for a Q3 commissioning, but core sugar and ethanol operations are under pressure.
ICRA downgrades Dwarikesh Sugar by one notch
The cut affects ₹600 crore in bank facilities and ₹300 crore in commercial paper, though the rating remains investment grade.
Godavari Biorefineries turns to profit as sugar and ethanol volumes rise
A turnaround year for the biorefiner yields a consolidated profit of ₹3.53 cr, swinging from a ₹23.41 cr loss in FY25.
TruAlt Bioenergy pushes back SAF project as ethanol volumes miss targets
The company missed ethanol sales by 35% amid an allocation dispute with oil marketers, while its sustainable aviation fuel project now faces a two-year delay.
TruAlt Bioenergy's profit halves as revenue drops; no new catalysts in filing
Standalone net profit fell from ₹14,862 lakhs to ₹8,983 lakhs in FY26. The audited results confirm a known downtrend without new drivers.
TruAlt Bioenergy FY26 profits drop to ₹8,983 lakhs
Standalone revenue fell 9% as earnings per share halved to ₹10.23.
Ravalgaon Sugar Farm losses double as dormant business faces tax headwind
The inactive company posted a ₹4.91 cr annual loss, while a Supreme Court ruling on electricity duties threatens future tax liabilities.
Ravalgaon Sugar Farm losses widen to ₹4.91 cr as legal costs mount
The inactive company posted a quarterly loss of ₹3.56 cr while facing a new tax threat from the Supreme Court.
Ugar Sugar swings to profit, recommends first dividend in two years
The sugar segment's operating profit nearly quadrupled. The board recommends its first dividend since the last payout.
Gayatri Sugars gets modified audit opinion for FY26
Statutory auditor flags concerns in annual financials; board appoints Sarita Danda as independent director for 5 years.
Kesar Enterprises faces ₹69.7 cr insolvency petition, more than its market cap
Creditor Sugar Development Fund through IFCI files IBC Section 7 claim against nano-cap with already negative net worth and ongoing losses.