UTTAM SUGAR MILLS LIMITED — Quarter and year ended March 31, 2026
This document includes standalone and consolidated audited financial results for the quarter and year ended March 31, 2026, along with segment information, balance sheets, and cash flow statements.
| S.No. | Particulars | Quarter Ended 31-Mar-2026 Audited | Quarter Ended 31-Dec-2025 Unaudited | Quarter Ended 31-Mar-2025 Audited | Year Ended 31-Mar-2026 Audited | Year Ended 31-Mar-2025 Audited |
|---|---|---|---|---|---|---|
| 1 | Income | |||||
| a) Revenue From Operations | 45,142 | 49,431 | 54,998 | 211,026 | 179,341 | |
| b) Other Income | 238 | 148 | 187 | 617 | 711 | |
| TOTAL INCOME | 45,380 | 49,579 | 55,185 | 211,643 | 180,052 | |
| 2 | Expenses | |||||
| a) Cost of Material Consumed | 65,871 | 60,901 | 86,027 | 139,231 | 150,575 | |
| b) Purchases of Stock-in-Trade | 15 | 14 | 5 | 29 | 9 | |
| c) Changes in Inventories of Finished Goods, Work-In-Progress & Stock in Trade | (38,172) | (25,155) | (51,785) | 20,105 | (20,229) | |
| d) Employee Benefits Expenses | 3,084 | 3,083 | 3,636 | 11,408 | 11,497 | |
| e) Finance Costs | 1,193 | 515 | 1,662 | 4,716 | 5,388 | |
| f) Depreciation and Amortisation Expenses | 1,161 | 1,182 | 1,106 | 4,629 | 4,460 | |
| g) Other Expenses | 5,157 | 5,055 | 5,655 | 18,112 | 15,968 | |
| TOTAL EXPENSES | 38,309 | 45,596 | 46,306 | 198,230 | 167,668 | |
| 3 | Profit before exceptional items and tax (1-2) | 7,071 | 3,983 | 8,879 | 13,413 | 12,384 |
| 4 | Exceptional Item (Impact of labour laws (refer note no.3)) | 134 | – | – | 134 | – |
| 5 | Profit after exceptional item & before tax (3-4) | 6,937 | 3,983 | 8,879 | 13,279 | 12,384 |
| 6 | Tax Expenses | |||||
| a) Current tax | 1,555 | 885 | 2,175 | 2,905 | 2,700 | |
| b) Income Tax for Earlier year | – | (19) | – | (19) | (20) | |
| c) Deferred Tax | 225 | 144 | (88) | 519 | 581 | |
| 7 | Profit for the Period (5-6) | 5,157 | 2,973 | 6,792 | 9,874 | 9,123 |
| 8 | Other Comprehensive Income/(Loss) | |||||
| a) (i) Items that will not be reclassified to profit or loss | 62 | (49) | (138) | 171 | (110) | |
| (ii) Income Tax relating to items that will not be reclassified to profit or loss | (16) | 13 | 35 | (43) | 28 | |
| b) (i) Items that will be reclassified to profit or loss | – | – | – | – | – | |
| (ii) Income Tax relating to items that will be reclassified to profit or loss | – | – | – | – | – | |
| Other Comprehensive Income/(Loss) | 46 | (36) | (103) | 128 | (82) | |
| 9 | Total Comprehensive Income for the Period (7-8) | 5,203 | 2,937 | 6,689 | 10,002 | 9,041 |
| 10 | Paid up Equity Share Capital (Face Value of ₹10/- each) | 3,813.81 | 3,813.81 | 3,813.81 | 3,813.81 | 3,813.81 |
| 11 | Other Equity (₹ In Lakhs) | – | – | – | 82,599 | 73,558 |
| 12 | Earning Per Share | |||||
| – Basic (Not annualised) (₹) | 13.52 | 7.79 | 17.81 | 25.89 | 23.92 | |
| – Diluted (Not annualised) (₹) | 13.52 | 7.79 | 17.81 | 25.89 | 23.92 |
| S.No. | Particulars | Quarter Ended 31-Mar-2026 Audited | Quarter Ended 31-Dec-2025 Unaudited | Quarter Ended 31-Mar-2025 Audited | Year Ended 31-Mar-2026 Audited | Year Ended 31-Mar-2025 Audited |
|---|---|---|---|---|---|---|
| 1 | Segment Revenues | |||||
| a) Sugar | 42,817 | 51,436 | 57,453 | 197,552 | 174,644 | |
| b) Cogeneration | 5,177 | 4,569 | 5,746 | 11,416 | 9,801 | |
| c) Distillery | 14,981 | 9,633 | 14,953 | 49,721 | 39,582 | |
| Total | 62,975 | 65,638 | 78,152 | 258,689 | 224,027 | |
| Less: Inter Segment Revenue | 17,833 | 16,207 | 23,154 | 47,663 | 44,686 | |
| Revenue from Operations | 45,142 | 49,431 | 54,998 | 211,026 | 179,341 | |
| 2 | Segment Results – Profit before Tax & Finance Cost | |||||
| a) Sugar | 6,541 | 4,242 | 7,957 | 14,003 | 16,308 | |
| b) Cogeneration | 821 | 958 | 688 | 2,111 | 653 | |
| c) Distillery | 1,460 | (107) | 2,461 | 4,796 | 3,622 | |
| Total | 8,822 | 5,093 | 11,106 | 20,910 | 20,583 | |
| Add/Less: i) Finance Cost | 1,193 | 515 | 1,662 | 4,716 | 5,388 | |
| Add/Less: ii) Exceptional Item (refer note no.3) | 134 | – | – | 134 | – | |
| ii) Other Un-allocable Expenditure net off Un-allocable income | 558 | 595 | 565 | 2,781 | 2,811 | |
| Profit before Tax | 6,937 | 3,983 | 8,879 | 13,279 | 12,384 | |
| 3 | Segment Assets | |||||
| a) Sugar | 133,408 | 97,492 | 152,085 | 133,408 | 152,085 | |
| b) Cogeneration | 6,204 | 7,398 | 7,691 | 6,204 | 7,691 | |
| c) Distillery | 37,772 | 34,422 | 39,151 | 37,772 | 39,151 | |
| d) Unallocable | 8,442 | 8,615 | 3,692 | 8,442 | 3,692 | |
| Total Assets | 185,826 | 147,927 | 202,619 | 185,826 | 202,619 | |
| 4 | Segment Liabilities | |||||
| a) Sugar | 18,237 | 16,146 | 33,437 | 18,237 | 33,437 | |
| b) Cogeneration | 3 | 0 | 3 | 3 | 3 | |
| c) Distillery | 1,076 | 784 | 1,213 | 1,076 | 1,213 | |
| d) Unallocable | 1,342 | 2,753 | 1,364 | 1,342 | 1,364 | |
| Total Liabilities | 20,658 | 19,683 | 36,017 | 20,658 | 36,017 | |
| 5 | Capital Employed (Segment Assets – Segment Liabilities) | |||||
| a) Sugar | 115,171 | 81,346 | 118,648 | 115,171 | 118,648 | |
| b) Cogeneration | 6,201 | 7,398 | 7,688 | 6,201 | 7,688 | |
| c) Distillery | 36,696 | 33,638 | 37,938 | 36,696 | 37,938 | |
| d) Unallocable | 7,100 | 5,862 | 2,328 | 7,100 | 2,328 | |
| Total | 165,168 | 128,244 | 166,602 | 165,168 | 166,602 |
| Particulars | As at 31.03.2026 Audited | As at 31.03.2025 Audited |
|---|---|---|
| I. ASSETS | ||
| (1) Non-Current Assets | ||
| (a) Property, plant and equipment | 77,127 | 77,335 |
| (b) Capital work in progress | 377 | 121 |
| (c) Right-of-use assets | 15 | 44 |
| (d) Other intangible assets | 4 | 3 |
| (e) Biological assets | 4 | 4 |
| (f) Investments | 7,021 | 2,908 |
| (g) Financial assets | ||
| Other financial assets | 49 | 47 |
| (h) Other Non-current assets | 263 | 190 |
| Total (1) | 84,860 | 80,652 |
| (2) Current assets | ||
| (a) Inventories | 93,091 | 112,791 |
| (b) Financial assets | ||
| (i) Trade and other receivables | 4,995 | 6,978 |
| (ii) Cash and cash equivalents | 919 | 477 |
| (iii) Bank balance other than cash and cash equivalents | 319 | 285 |
| (iv) Other financial assets | 361 | 585 |
| (c) Other current assets | 1,261 | 739 |
| Total (2) | 100,946 | 121,855 |
| (3) Non Current Assets classified as held for sale | 20 | 112 |
| TOTAL ASSETS (1+2+3) | 185,826 | 202,619 |
| II. EQUITY AND LIABILITIES | ||
| (1) Equity | ||
| (a) Equity Share capital | 3,814 | 3,814 |
| (b) Other Equity | 82,599 | 73,558 |
| Total (1) | 86,413 | 77,372 |
| (2) Non-Current Liabilities | ||
| (a) Financial liabilities | ||
| (i) Borrowings | 2,616 | 4,612 |
| (ii) Lease liabilities | – | 17 |
| (iii) Other financial liabilities | 49 | – |
| (b) Deferred revenue (including Government grant) | 278 | 436 |
| (c) Provisions | 2,086 | 2,384 |
| (d) Deferred tax liabilities (net) | 10,084 | 9,523 |
| Total (2) | 15,113 | 16,972 |
| (3) Current Liabilities | ||
| (a) Financial liabilities | ||
| (i) Borrowings | 65,569 | 72,883 |
| (ii) Lease liabilities | 17 | 31 |
| (iii) Trade and others payable | ||
| Total Outstanding dues of Micro and Small Enterprises | 510 | 682 |
| Total Outstanding dues of Other than Micro and Small Enterprises | 15,150 | 29,370 |
| (iv) Other financial liabilities | 1,325 | 2,789 |
| (b) Deferred revenue (including Government grant) | 159 | 159 |
| (c) Current tax liabilities (net) | 212 | 219 |
| (d) Other current liabilities | 884 | 1,736 |
| (e) Provisions | 474 | 406 |
| Total (3) | 84,300 | 108,275 |
| TOTAL EQUITY & LIABILITIES (1+2+3) | 185,826 | 202,619 |
| Particulars | Year Ended 31st March, 2026 | Year Ended 31st March, 2025 |
|---|---|---|
| A. CASH FLOW FROM OPERATING ACTIVITIES | ||
| Net Profit before tax | 13,279 | 12,384 |
| Adjustments for: | ||
| Depreciation and amortisation expenses | 4,629 | 4,460 |
| Finance cost | 4,378 | 4,856 |
| Interest expense based on effective interest rate | 337 | 533 |
| Loss on sale/discard of assets | 0 | – |
| Profit on sale of assets | (137) | (4) |
| Interest income based on effective interest rate | (171) | (283) |
| Interest Income | (28) | (50) |
| Operating Profit before Working Capital Changes | 22,287 | 21,896 |
| Working Capital Adjustment | ||
| Decrease/(Increase) in inventories | 19,700 | (19,778) |
| Decrease/(Increase) in trade receivables | 1,983 | (3,005) |
| Decrease/(Increase) in other financial assets | 226 | (209) |
| Decrease/(Increase) in other assets | (522) | 160 |
| Decrease/(Increase) in other bank balances | (36) | (19) |
| (Decrease)/Increase in other financial liabilities | (11) | (390) |
| (Decrease)/Increase in trade payable | (14,406) | 14,230 |
| (Decrease)/Increase in provisions | (59) | 345 |
| (Decrease)/Increase in other liabilities | (771) | 457 |
| 6,104 | (8,209) | |
| Cash generated from operations | 28,391 | 13,685 |
| Direct taxes refund received / (Paid) (net) | (2,892) | (2,369) |
| Net Cash flow from Operating Activities | 25,499 | 11,315 |
| B. CASH FLOW FROM INVESTING ACTIVITIES | ||
| Purchase of property Plant and Equipment, CWIP, Intangible Assets | (4,847) | (4,531) |
| Capital subsidy received | 57 | – |
| Sale proceeds of Assets and Assets held for disposal | 311 | 61 |
| Purchase of investments in subsidiary company | (4,113) | (1,598) |
| Interest received | 28 | 50 |
| Net Cash used in Investing activities | (8,564) | (6,018) |
| C. CASH FLOW FROM FINANCING ACTIVITIES | ||
| Finance cost paid | (4,248) | (4,853) |
| Redemption of Preference Shares | (1,710) | (466) |
| Proceeds from borrowings (Term loans) | 65 | 79 |
| Repayments of borrowings (Term loans) | (2,226) | (3,627) |
| Proceeds from of borrowings (Working capital) | (7,309) | 4,688 |
| Equity Dividend paid | (939) |