Dalmia Bharat Sugar and Industries Ltd

Dalmia Bharat Sugar and Industries Limited — Trading Window closure from October 01, 2026 until 48 hours after the financial results for the quarter and half-year ended September 30, 2026 become generally available information.

Financial Highlights

• Revenue from operations: Rs 848 crore.
• EBITDA: Rs 71.4 crore; margin 8.4%.
• PBT: Rs 11.5 crore; PAT: Rs 8.6 crore; EPS: Rs 1.1.
• Sugar NSR rose to Rs 40.6/kg from Rs 39.9/kg.
• Sugar inventory: 2.36 Lac MT valued at Rs 36.9/kg.

Sugar Segment

• Sugar sales volume: 1.3 LMT in Q1'27.
• Avg. realization (incl. exports): Rs 40.6/kg.
• Gross revenue: Rs 635 Cr; EBIT: Rs 1.5 Cr.

Distillery Segment

• Distillery volume: 4.3 Cr litres.
• Gross revenue: Rs 287 Cr; EBIT: Rs 35.3 Cr.

Projects & Regulatory Updates

• Kolhapur CBG project on track for Nov-2026 start.
• Tanzania project approved July 14, 2026; 10,000 Ha plantation; 10,000 MT sugar; 20 MW cogeneration; US$132m.
• Ramgarh distillery to dual-feed 100 KLPD; Rs 49 Cr; commissioning by Apr 2027.
• FRP for 2026-27 sugar season increased to Rs 365/Qtl.

Outlook & Market Conditions

• Q1 lower sales led to stock accumulation; recovery expected in upcoming quarters.
• Sugar NSR in July: Rs 43-44/kg; prices expected to remain firm.
• Healthy sugarcane crop expected; actual crop depends on weather and El Niño.

Financial results approved

• Standalone unaudited results for quarter ended June 30, 2026 approved.
• Consolidated unaudited results for quarter ended June 30, 2026 approved.
• Limited Review Reports attached from NSBP & Co.
• Audit Committee reviewed standalone results prior to Board approval.
• Consolidated results include unaudited foreign subsidiaries; some figures not reviewed.

Auditors' reports and disclosures

• Independent Auditor's Review Reports state no material misstatement.
• Ind AS 34 compliance; Regulation 33 disclosures noted.
• Board date of approval: August 7, 2026.

Meeting Details

• Board meeting on August 07, 2026; time and venue not disclosed.

Key Agenda Items

• Consider and approve standalone and consolidated un-audited financial results for quarter ended June 30, 2026.

Other Notes

• Trading window closed July 01, 2026; reopens August 10, 2026 after 48 hours from results declaration.

Key highlights

• Board approves Tanzania integrated sugar project via Eagle Agrotech Tanzania Limited.
• Project cost estimated at US$132 million.
• EAHL is 51% owned by the company; Symphony Global LLC holds 49% in EAHL.
• Integrated sugar estate to cover 10,000 hectares, expandable to 20,000 hectares.
• Initial capacity 70,000 MT/year, expandable to 150,000 MT/year.
• Cogeneration facility 20 MW, scalable to 40 MW.
• Strategic platform for international growth and global bio-energy markets.
• Favourable long-term market fundamentals: regional sugar deficit supports import substitution.

Unit Head appointment

• Lokendra Singh Lamba appointed Unit Head, Jawaharpur Unit; Senior Management, effective 15 July 2026; approved on NRC recommendation.
• Profile: 35 years' cane industry experience; BSc Agriculture; prior roles at major sugar companies.
• Relationships: None with other directors or management.

AGM Details

• Date and time: 10 July 2026 at 11:00 a.m.
• Mode: VC/OAVM via NSDL platform.
• Quorum confirmed; meeting conducted with requisite attendance.

Key Resolutions

• Adopt audited financial statements for FY 2025-26.
• Declare final dividend of Rs 1.50 per equity share.
• Re-appoint Gautam Dalmia as Director.
• Re-appoint Pankaj Rastogi as Director.
• Ratify remuneration of Cost Auditors for 2026-27.
• Re-appoint Gautam Dalmia as Managing Director.
• Alter MOA Objects Clause.

Voting Results

• Item 1: Passed; 99.99999% in favour, 0.00001% against.
• Item 2: Passed; 99.99983% in favour, 0.00017% against.
• Item 3: Passed; 99.96056% in favour, 0.03944% against.
• Item 4: Passed; 99.99148% in favour, 0.00852% against.
• Item 5: Passed; 99.99999% in favour, 0.00001% against.
• Item 6: Passed; 99.61946% in favour, 0.38054% against.
• Item 7: Passed; 99.99999% in favour, 0.00001% against.

Dividend

• Final dividend of Rs 1.50 per equity share approved.

Director Changes

• Gautam Dalmia re-appointed as Director.
• Pankaj Rastogi re-appointed as Director.
• Gautam Dalmia re-appointed as Managing Director.

Auditor Appointments

• Remuneration of Cost Auditors ratified for 2026-27.

MOA Alteration

• Special resolution approved to alter Objects Clause of MOA.

Dematerialisation/rematerialisation processing

• Details of dematerialised and rematerialised securities were furnished to all stock exchanges.

Retirement of SMP – Ninaidevi Unit

• Sanjeev Raghunathrao Desai, Unit Head of Ninaidevi Unit, retires.
• Effective date: June 30, 2026.
• Reason: Retirement as Senior Management Personnel; ceased to be SMP.
• Disclosure of relationships with other directors: Not Applicable.