General information about company |
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|---|---|---|---|
| Scrip Code | 500097 | ||
| NSE Symbol | DALMIASUG | ||
| MSEI Symbol | NOTLISTED | ||
| ISIN | INE495A01022 | ||
| Name of company | DALMIA BHARAT SUGAR AND INDUSTRIES LIMITED | ||
| Type of company | Main Board | ||
| Class of security | Equity | ||
| Date of start of financial year | 01-Apr-2025 | ||
| Date of end of financial year | 31-Mar-2026 | ||
| Date of board meeting when results were approved | 05-Aug-2025 | ||
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 22-Jul-2025 | ||
| Description of presentation currency | INR (in Actuals) | ||
| Reporting Type | Quarterly | ||
| Reporting Quarter | First quarter | ||
| Nature of report standalone or consolidated | Standalone | ||
| Whether results are audited or unaudited for the quarter ended | Unaudited | ||
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | |||
| Segment Reporting | Multi segment | ||
| Description of single segment | |||
| Start date and time of board meeting | 05-Aug-2025 15:30:00 | ||
| End date and time of board meeting | 05-Aug-2025 18:45:00 | ||
| Whether cash flow statement is applicable on company | |||
| Type of cash flow statement | |||
| Declaration of unmodified opinion or statement on impact of audit qualification | Declaration of unmodified opinion | ||
| Whether the company has any related party? | |||
| Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? | |||
| (I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public | |||
| (II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. | |||
| Whether the company is a high value debt listed entity according to regulation 15 (1A)? | |||
| (a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication? | |||
| (b) If answer to above question is No, please explain the reason for not complying. | |||
| Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? | |||
| Latest Date on which RPT policy is updated | |||
| Indicate Company website link for updated RPT policy of the Company | |||
| Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? | No | ||
| No. of times funds raised during the quarter | |||
| Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? | Yes | ||
Financial Results Ind-AS |
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|---|---|---|---|
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
| A | Date of start of reporting period | 01-Apr-2025 | |
| B | Date of end of reporting period | 30-Jun-2025 | |
| C | Whether results are audited or unaudited | Unaudited | |
| D | Nature of report standalone or consolidated | Standalone | |
| Part I | Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column. | ||
| 1 | Income | ||
| Revenue from operations | 9428700000 | ||
| Other income | 139100000 | ||
| Total income | 9567800000 | ||
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 2164900000 | |
| (b) | Purchases of stock-in-trade | 0 | |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | 5271800000 | |
| (d) | Employee benefit expense | 503800000 | |
| (e) | Finance costs | 159700000 | |
| (f) | Depreciation, depletion and amortisation expense | 320700000 | |
| (f) | Other Expenses | ||
| 1 | Other Expenses | 632300000 | 632300000 |
| Total other expenses | 632300000 | ||
| Total expenses | 9053200000 | ||
| 3 | Total profit before exceptional items and tax | 514600000 | |
| 4 | Exceptional items | 0 | |
| 5 | Total profit before tax | 514600000 | |
| 6 | Tax expense | ||
| 7 | Current tax | 128600000 | |
| 8 | Deferred tax | 2300000 | |
| 9 | Total tax expenses | 130900000 | |
| 10 | Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement | 0 | |
| 11 | Net Profit Loss for the period from continuing operations | 383700000 | |
| 12 | Profit (loss) from discontinued operations before tax | 0 | |
| 13 | Tax expense of discontinued operations | 0 | |
| 14 | Net profit (loss) from discontinued operation after tax | 0 | |
| 15 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 0 | |
| 16 | Total profit (loss) for period | 383700000 | |
| 17 | Other comprehensive income net of taxes | 1067200000 | |
| 18 | Total Comprehensive Income for the period | 1450900000 | |
| 19 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | |||
| Total profit or loss, attributable to non-controlling interests | |||
| 20 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | |||
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | |||
| 21 | Details of equity share capital | ||
| Paid-up equity share capital | 161900000 | ||
| Face value of equity share capital | 2 | ||
| 27 | Details of debt securities | ||
| 22 | Reserves excluding revaluation reserve | ||
| 23 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings (loss) per share from continuing operations | 4.74 | ||
| Diluted earnings (loss) per share from continuing operations | 4.74 | ||
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings (loss) per share from discontinued operations | 0 | ||
| Diluted earnings (loss) per share from discontinued operations | 0 | ||
| ii | Earnings per equity share | ||
| Basic earnings (loss) per share from continuing and discontinued operations | 4.74 | ||
| Diluted earnings (loss) per share from continuing and discontinued operations | 4.74 | ||
| 24 | Debt equity ratio | 0.17 | |
| 25 | Debt service coverage ratio | 3.75 | |
| 26 | Interest service coverage ratio | 6.23 | |
| 27 | Disclosure of notes on financial results | Textual Information(1) | |
Disclosure of notes on financial results |
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|---|---|---|---|
| Textual Information(1) | n1.The financial results are approved by the Board of Directors at their meeting held on August 05, 2025 after being reviewed and recommended by the audit committee. The statutory auditors have carried limited review of these financial results. n2. The financial results of the company have been prepared in accordance with Indian Accounting Standards as prescribed under section 133 of Companies Act, 2013 read with companies (Indian Accounting Standard) Rules, 2015 and relevent amendment rules there after. n3. The financial results for the quarter ended June 30, 2025, have been prepared in accordance with the recognition and measurement principles laid down in Ind AS-34 Interim Financial reporting. n4. Pursuant to the Judgement of Hon’ble Supreme Court enabling State Government to regulate denatured alcohol, Excise authorities in the State of Uttar Pradesh have served notices to recover export pass fee pertaining to the period from August 25, 2018 to June 30, 2025 for transportation of denatured alcohol, under the Uttar Pradesh Excise Import, Export, Transport and Possession of Denatured spirit (Twenty Fourth Amendment) Rules, 2004 (2004 Rules). The same was challenged by U.P. Sugar Mills Association on behalf of all its members including the company by filing a writ petition before the Hon’ble High Court of Allahabad. nVide order dated 30th Jul 2025, Hon’ble High Court of Allahabad was of the prima facie view that judgement of Hon’ble Supreme Court does not empower the State Government to recover the fees in question and accordingly, the Hon’ble High Court granted interim relief by permitting the dispatch of ethanol without payment of export fees, subject to the execution of an indemnity bond. Next hearing is scheduled for August 28, 2025. nConsidering the current legal position, management is of the view that the demand of Rs. 21.10 Crores is not tenable, and accordingly no effect of the same has been considered in the financial results. n5. Credit rating of the company upgraded to CARE AA+; Stable and short term credit rating reaffirmed at CARE A1+. n6. The figures for the quarter ending March 31, 2025 are the balancing figures between the audited figures in respect of the full financial year and the published unaudited year to date figures upto the third quarter of the financial year. n7. Due to seasonal nature of the industry, the financial results for any quarter may not be true and appropriate reflection of the annual profitability of the company. n8. Segment Revenue, Results, Assets and Liabilities represent amounts identifiable to each of the segments. Unallocable assets include corporate investments, income tax assets, fixed deposit and unallocable liabilities include deferred tax liability and income tax provisions. n9. Previous periods' figures have been regrouped/reclassified, wherever considered necessary to make them comparable with the figures of the current reporting periods. n10. The financial results of the company are also available on stock exchange websites, www.nseindia.com, www.bseindia.com and on the company website www.dalmiasugar.com. | ||
Remarks |
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|---|---|
| Debt equity ratio | |
| Debt service coverage ratio | Debt Service Coverage Ratio is lower on account of lower operations. |
| Interest service coverage ratio | Interest Service Coverage Ratio is lower on account of lower operations. |
Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results |
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|---|---|---|---|---|---|---|---|
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |||||
| Date of start of reporting period | 01-Apr-2025 | ||||||
| Date of end of reporting period | 30-Jun-2025 | ||||||
| Whether accounts are audited or unaudited | Unaudited | ||||||
| Nature of report standalone or consolidated | Standalone | ||||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| 1 | Sugar | 7168800000 | 7168800000 | ||||
| 2 | Distillery | 3263900000 | 3263900000 | ||||
| 3 | Others | 40300000 | 40300000 | ||||
| Total Segment Revenue | 10473000000 | ||||||
| Less: Inter segment revenue | 1044300000 | 1044300000 | |||||
| Revenue from operations | 9428700000 | ||||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| 1 | Sugar | 456700000 | 456700000 | ||||
| 2 | Distillery | 224300000 | 224300000 | ||||
| 3 | Others | -6700000 | -6700000 | ||||
| Total Profit before tax | 674300000 | ||||||
| i. Finance cost | 159700000 | 159700000 | |||||
| ii. Other Unallocable Expenditure net off Unallocable income | 0 | 0 | |||||
| Profit before tax | 514600000 | ||||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| 1 | Sugar | 22268800000 | 22268800000 | ||||
| 2 | Distillery | 8931700000 | 8931700000 | ||||
| 3 | Others | 5232500000 | 5232500000 | ||||
| Total Segment Asset | 36433000000 | 36433000000 | |||||
| Un-allocable Assets | 7884000000 | 7884000000 | |||||
| Net Segment Asset | 44317000000 | 44317000000 | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| 1 | Sugar | 4504700000 | 4504700000 | ||||
| 2 | Distillery | 3895400000 | 3895400000 | ||||
| 3 | Others | 235100000 | 235100000 | ||||
| Total Segment Liabilities | 8635200000 | 8635200000 | |||||
| Un-allocable Liabilities | 1885800000 | 1885800000 | |||||
| Net Segment Liabilities | 10521000000 | 10521000000 | |||||
| Disclosure of notes on segments | |||||||
Other Comprehensive Income |
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|---|---|---|---|
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
| A | Date of start of reporting period | 01-Apr-2025 | |
| B | Date of end of reporting period | 30-Jun-2025 | |
| C | Whether results are audited or unaudited | Unaudited | |
| D | Nature of report standalone or consolidated | Standalone | |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| 1 | Items that will not be reclassified to profit or loss. | 1246400000 | 1246400000 |
| Total Amount of items that will not be reclassified to profit and loss | 1246400000 | ||
| 2 | Income tax relating to items that will not be reclassified to profit or loss | 178200000 | |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| 1 | Items that will be reclassified to profit or loss. | -1300000 | -1300000 |
| Total Amount of items that will be reclassified to profit and loss | -1300000 | ||
| 4 | Income tax relating to items that will be reclassified to profit or loss | -300000 | |
| 5 | Total Other comprehensive income | 1067200000 | |
Details of Impact of Audit Qualification |
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|---|---|
| Whether results are audited or unaudited | Unaudited |
| Declaration of unmodified opinion or statement on impact of audit qualification | Declaration of unmodified opinion |
| Auditor's opinion | |
| Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results | Yes |
| Sr No. | Audit firm's name | Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI | Certificate valid upto | ||
| 1 | NSBP & Co. | Yes | 30-Apr-2027 | ||
|---|---|---|---|---|---|
Format for Disclosing Outstanding Default on Loans and Debt Securities |
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| Sr. No. | Particulars | Amount | Remarks |
| 1. | Loans / revolving facilities like cash credit from banks / financial institutions | ||
| A | Total amount outstanding as on date | 5646100000 | |
|---|---|---|---|
| B | Of the total amount outstanding, amount of default as on date | 0 | |
| 2. | Unlisted debt securities i.e. NCDs and NCRPS | ||
| A | Total amount outstanding as on date | 0 | |
| B | Of the total amount outstanding, amount of default as on date | 0 | |
| 3. | Total financial indebtedness of the listed entity including short-term and long-term debt | 5646100000 | |