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Magadh Sugar & Energy Ltd

| Statement of Audited Financial Results for the Quarter and Year Ended 31 March 2026

Report Source

⬤11th May 26

Summary : Magadh Sugar & Energy reported a decline in annual revenue and profit, recommended a dividend, and appointed a new independent director, while navigating new labor code impacts.

Quarterly Report Analysis & Insights

Financial Disclosures

  1. Total Expenses: 1,16,271.76 lakhs (FY26) vs 1,17,732.65 lakhs (FY25).
  2. Cost of raw materials consumed: 82,233.49 lakhs (FY26).
  3. Employee benefits expense: 6,940.82 lakhs (FY26).
  4. Finance costs: 3,551.98 lakhs (FY26).
  5. Depreciation and amortisation expense: 2,975.38 lakhs (FY26).
  6. Other expenses: 12,824.40 lakhs (FY26).
  7. Total Income: 1,24,878.34 lakhs (FY26) vs 1,32,510.66 lakhs (FY25).
  8. Revenue from Operations: 1,24,453.71 lakhs (FY26) vs 1,32,228.50 lakhs (FY25).
  9. Other Income: 424.63 lakhs (FY26) vs 282.16 lakhs (FY25).
  10. Cash generated from Operating Activities: 14,841.17 lakhs (FY26) vs 13,935.54 lakhs (FY25).
  11. Net Cash used in Investing Activities: (7,778.34) lakhs (FY26) vs (14,981.08) lakhs (FY25).
  12. Net Cash used in Financing Activities: (7,043.78) lakhs (FY26) vs 1,041.25 lakhs (FY25).
  13. Cash & Cash Equivalents at year end: 30.42 lakhs (FY26) vs 11.37 lakhs (FY25).
  14. Total Assets: 1,67,990.79 lakhs (FY26) vs 1,68,898.45 lakhs (FY25).
  15. Total Equity: 88,019.16 lakhs (FY26) vs 83,394.98 lakhs (FY25).
  16. Non-Current Borrowings: 19,108.89 lakhs (FY26).
  17. Current Borrowings: 50,014.17 lakhs (FY26).
  18. Inventories: 64,050.26 lakhs (FY26).
  19. Capital Work-In-Progress: 2,999.28 lakhs (FY26).
  20. Results are for the Company, implying standalone financial statements.

Corporate Overview

  1. Impact of new Labour Codes implemented by Government of India, recognized as 'Exceptional items'.
  2. Sugar industry is seasonal, impacting quarterly performance variations.
  3. Sugar production, a seasonal industry with crushing from November to April.
  4. Distillery operations.
  5. Co-generation of power.
  6. Sugar: 1,09,105.22 lakhs (Year ended March 31, 2026)
  7. Distillery: 29,792.00 lakhs (Year ended March 31, 2026)
  8. Co-generation: 7,424.97 lakhs (Year ended March 31, 2026)
  9. Acquisition of Property, Plant and Equipment (8,557.56 lakhs used in investing activities).

Risk Factors

  1. Significant decline in revenue and profit.
  2. Uncertain financial impact of new Labour Codes.
  3. Seasonal business model impacts performance.
  4. Negative financing cash flow indicates debt repayment.

Key Drivers

  1. Recommended dividend shows shareholder return focus.
  2. Experienced independent director strengthens board.
  3. Improved cash flow from operations.
  4. Continued capital expenditure for asset growth.

Auditor’s Report

  1. Unmodified opinion on annual financial results.

Board Commentary

  1. Appointment of Mr. Rajan Arvin Dalal as Independent Director for 5 years.
  2. Re-appointment of M/s D Radhakrishnan & Co. as Cost Auditor for FY26-27.
  3. Recommended final dividend of Rs.12.50 (125%) per equity share of Rs. 10/- for FY26.
  4. Financial impact of new Labour Codes on company operations.
  5. New Labour Codes implemented by Government of India, impacting financials.

Corporate Governance

  1. Appointment of Mr. Rajan Arvin Dalal as an Independent Director.
  2. Nomination and Remuneration Committee recommended Independent Director appointment.

Management Discussion & Analysis

Operational Focus Areas

  1. Management will track and evaluate impact of new Labour Codes.

Risk Control Measures

  1. Ongoing assessment and accounting adjustments for Labour Codes.

Critical Risks

  1. Uncertain financial impact from new Labour Codes.