Dwarikesh Sugar Industries Ltd Q2 FY27 results are out (Jul–Sep 2026) →Revenue ₹257 Cr +4.5% YoYSee revenue, profit and what management said. You are viewing Q1 FY26.
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Dwarikesh Sugar Industries Ltd

Q1 FY26Agricultural Food & other Products

Dwarikesh Sugar Industries Q1 FY26 earnings call: Revenue & Margins

Q1 FY26 investor presentation: what the company reported on revenue, margins and capex.

Revenue
₹405Cr
+18.8% YoY
−11.8% QoQ
Net profit
−₹9Cr
Q1 FY25: −₹10 Cr
Margin
1%
+0.3 pp YoY
−22 pp QoQ

Based on Dwarikesh Sugar Industries Ltd's Q1 FY26 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the investor presentation reports, not management guidance.

Price₹41
Market cap₹763 Cr
P/E52.6

The short version

Sugar Business Q1 FY26 vs Q1 FY25: - Revenue from operations: ₹3,141.9 million (up from ₹2,751.9 million) - Sugar sold: 662.6 thousand quintals (down 2%) - Average realization: ₹3,962/quintal (up 3%) - EBITDA: -₹162.7 million (margin worsened from -1.7% to -5.2%) - Distillery Q1 FY26 vs Q1 FY25: - Industrial alcohol sold: 21.6 million liters (up 75%) - Revenue from operations: ₹1,336.6 million (up 75%) - EBITDA margin improved from 10.2% to 15.5% - Cogeneration Q1 FY26 vs Q1 FY25: - Power revenue nearly nil due to early season closure; ₹2.96 million vs ₹0.95 million - Overall Q1 FY26 vs Q1 FY25: - Total revenue: ₹4,054.7 million (up from ₹3,412.5 million) - PAT: -₹93.8 million vs -₹97.3 million - Outlook: - Improvements expected in 2025–26 season due to agronomic and operational enhancements. EBITDA for Q1 FY26: ₹44.3 million, up from ₹28.9 million in Q1 FY25, showing a positive year-on-year increase. - EBITDA Margin: 1.1% in Q1 FY26, improved from 0.8% in Q1 FY25. - Profit After Tax (PAT) for Q1 FY26: Loss of ₹93.8 million, slightly improved from a loss of ₹97.3 million in Q1 FY25. - PAT Margin: -2.3% in Q1 FY26, better than -2.9% in Q1 FY25.

From Dwarikesh Sugar Industries Ltd's Q1 FY26 earnings-call transcript · updated 24 Sept 2026.

Revenue & Sales Performance

  • Sugar Business Q1 FY26 vs Q1 FY25:
  • Revenue from operations: ₹3,141.9 million (up from ₹2,751.9 million)
  • Sugar sold: 662.6 thousand quintals (down 2%)
  • Average realization: ₹3,962/quintal (up 3%)
  • EBITDA: -₹162.7 million (margin worsened from -1.7% to -5.2%)
  • Distillery Q1 FY26 vs Q1 FY25:
  • Industrial alcohol sold: 21.6 million liters (up 75%)
  • Revenue from operations: ₹1,336.6 million (up 75%)
  • EBITDA margin improved from 10.2% to 15.5%
  • Cogeneration Q1 FY26 vs Q1 FY25:
  • Power revenue nearly nil due to early season closure; ₹2.96 million vs ₹0.95 million
  • Overall Q1 FY26 vs Q1 FY25:
  • Total revenue: ₹4,054.7 million (up from ₹3,412.5 million)
  • PAT: -₹93.8 million vs -₹97.3 million
  • Outlook:

2 more points from Dwarikesh Sugar Industries Ltd's call on revenue

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Profitability & Margins

EBITDA for Q1 FY26: ₹44.3 million, up from ₹28.9 million in Q1 FY25, showing a positive year-on-year increase.

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Also locked on this page: fundraising, order book

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Capital Expenditure Plans

  • Distillery capacity expansion to 100 KLPD completed, operations started in Dec 2019 (Page 11).
  • Distillery capacity stabilized at 130 KLPD in 2019, then 162.5 KLPD in 2020, and further increased to 337.5 KLPD by 2022 (Page 11).

Top-ranked in Agricultural Food & other Products

Ranked on what management guided this quarter

Guidance-ranked
1Vintage Coffee
Rev 1Mar 1
Rev 1Mar 2
3
Rev 1Mar 2
4
Rev 1Mar 3
5
Rev 2Mar 1
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

The presentation mentions past fundraising activities in the Key Milestones on page 11:

Locked: what Dwarikesh Sugar Industries Ltd said on fundraising

Also locked on this page: margins, order book

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Order Book & Pipeline

See what Dwarikesh Sugar Industries Ltd said on order book & pipeline — free account, 30 seconds.

Dwarikesh Sugar Industries Ltd — Quarterly revenue & net profit

Revenue Net profit Net loss
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26
Jun 2026Q1 FY27
Sep 2026Q2 FY27

Dwarikesh Sugar Industries Ltd Q1 FY26 results — key figures

Dwarikesh Sugar Industries Ltd Q1 FY26 reported results vs Q1 FY25, ₹ crore
₹ CrQ1 FY26Q1 FY25YoYQ4 FY25QoQ
Revenue405341+18.8%459-11.8%
Operating profit (EBITDA)42+100%107-96.3%
Operating margin1%0.7%+0.3 pp23%-22 pp
Profit before tax-13-15—88-114.8%
Net profit (PAT)-9-10—46-119.6%
EPS (₹)-0.51-0.53—2.50-120.4%

Source: reported quarterly figures (Screener), ₹ crore.

Reported quarterly figures (₹ Cr). Latest (Q2 FY27): revenue ₹257 Cr, net loss ₹13 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

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Frequently Asked Questions

What were Dwarikesh Sugar Industries Ltd Q1 FY26 results?

Sugar Business Q1 FY26 vs Q1 FY25: - Revenue from operations: ₹3,141.9 million (up from ₹2,751.9 million) - Sugar sold: 662.6 thousand quintals (down 2%) - Average realization: ₹3,962/quintal (up 3%) - EBITDA: -₹162.7 million (margin worsened from -1.7% to -5.2%) - Distillery Q1 FY26 vs Q1 FY25: - Industrial alcohol sold: 21.6 million liters (up 75%) - Revenue from operations: ₹1,336.6 million (up 75%) - EBITDA margin improved from 10.2% to 15.5% - Cogeneration Q1 FY26 vs Q1 FY25: - Power revenue nearly nil due to early season closure; ₹2.96 million vs ₹0.95 million - Overall Q1 FY26 vs Q1 FY25: - Total revenue: ₹4,054.7 million (up from ₹3,412.5 million) - PAT: -₹93.8 million vs -₹97.3 million - Outlook: - Improvements expected in 2025–26 season due to agronomic and operational enhancements. EBITDA for Q1 FY26: ₹44.3 million, up from ₹28.9 million in Q1 FY25, showing a positive year-on-year increase. - EBITDA Margin: 1.1% in Q1 FY26, improved from 0.8% in Q1 FY25. - Profit After Tax (PAT) for Q1 FY26: Loss of ₹93.8 million, slightly improved from a loss of ₹97.3 million in Q1 FY25. - PAT Margin: -2.3% in Q1 FY26, better than -2.9% in Q1 FY25.

What is Dwarikesh Sugar Industries Ltd share price analysis?

Dwarikesh Sugar Industries Ltd currently shows a neutral. The stock trades at a P/E of 52.6 with a market cap of ₹763 Cr. Investors should review the full earnings analysis for detailed insights.

Is Dwarikesh Sugar Industries Ltd planning capital expenditure?

Distillery capacity expansion to 100 KLPD completed, operations started in Dec 2019 (Page 11).

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This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.