OthersReg. 34 (1) Annual Report
Dhampure Speciality Sugars FY2025-26: Revenue growth, debt-free balance sheet, warrant-backed capital infusion, solid profits
Financial highlights
- Standalone revenue from operations: ₹5,530.56 lakh in FY2025-26.
- Consolidated revenue from operations: ₹5,838.98 lakh.
- Standalone EBITDA: ₹751.27 lakh; Consolidated EBITDA: ₹792.16 lakh.
- Standalone PAT: ₹540.85 lakh; Consolidated PAT: ₹554.78 lakh.
- Basic EPS: Standalone ₹6.19; Consolidated ₹6.35.
- Export sales ₹16.99 lakh; down from ₹150.90 lakh.
- Total income: Standalone₹5,586.49 lakh; Consolidated₹5,903.89 lakh.
- Dividend not declared for FY2025-26.
- Subsidiaries FY2025-26 revenue: Dhampur Green ₹1,683.73L; Sun Burst ₹279.18L; Nostalgic Foods ₹112.46L.
Capital structure & equity
- Paid-up capital rose to ₹873.12 lakh due to warrants.
- 8,80,000 convertible warrants issued to promoter group.
- Standalone equity ₹3,852.50 lakh; Consolidated ₹4,243.87 lakh.
- Company remains debt-free; debt-equity not applicable.
- Promoter stake around 60.3%; warrant infusion expected to strengthen net worth.
Subsidiaries & business model
- Three wholly owned subsidiaries: Dhampur Green Private, Sun Burst Services, Nostalgic Foods Retail.
- Subsidiary FY2025-26 revenue total ₹2,075.37 lakh.
- Nostalgic Foods Retail designated material subsidiary; policy disclosed on website.
- Brand portfolio includes Dhampur Green and Sugarindia; FMCG footprint expanding.
Operations & market context
- Industry focus on premium branded sugars and jaggery; reduced exposure to bulk sugar swings.
- May 2026 export ban on sugar; impact mitigated by branded product mix.
- Outlook: growth momentum to continue; capex via promoter warrant infusion.
- Ethanol blending policy remains a regulatory risk.
Liquidity & working capital
- Group nearly debt-free; working capital cycle ~66.6 days; debtor days 23.1.
- Cash and cash equivalents ₹611.51 lakh; no borrowings.
- Standalone current ratio 2.61; Consolidated 3.07.
Governance & risk management
- Board of 4 directors; 2 Independent; committees: Audit, Nomination & Remuneration, Stakeholders.
- Statutory auditor: JLN US & Co LLP; no qualifications.
- Secretarial audit (MR-3) conducted; no material observations.
- Vigil mechanism in place; no POSH complaints.
Audits, compliance & disclosures
- Minor disclosures on related parties and internal controls; no CSR applicability.
- Company complied with SEBI LODR requirements; no material non-compliance.
Outlook & risks
- Sugar market volatility, regulatory changes, and cane price dynamics remain risks.
- Strategic shift to value-added FMCG products to mitigate cyclicality.
- Continued focus on capacity expansion and distribution for the FMCG portfolio.