| Scrip Code | 500032 |
|---|---|
| NSE Symbol | BAJAJHIND |
| MSEI Symbol | NOTLISTED |
| ISIN | INE306A01021 |
| Name of company | Bajaj Hindusthan Sugar Limited |
| Type of company | Main Board |
| Class of security | Equity |
| Date of start of financial year | 01-04-2026 |
| Date of end of financial year | 31-03-2027 |
| Date of board meeting when results were approved | 13-08-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 06-08-2026 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| 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 | 13-08-2026 11:45:00 |
| End date and time of board meeting | 13-08-2026 12:55:00 |
| Whether cash flow statement is applicable on company | |
| Type of cash flow statement | |
| Declaration of unmodified opinion or statement on impact of audit qualification | Not applicable |
| 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? | Yes |
| No. of times funds raised during the quarter | 1 |
| Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? | No |
| No default as on 30.06.2026 | |
| 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 | 01-04-2026 | 01-04-2026 |
| B | Date of end of reporting period | 30-06-2026 | 30-06-2026 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| 1 | Income | ||
| Revenue from operations | 1,11,630.00 | 1,11,630.00 | |
| Other income | 216.00 | 216.00 | |
| Total income | 1,11,846.00 | 1,11,846.00 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 3,918.00 | 3,918.00 |
| (b) | Purchases of stock-in-trade | 0.00 | 0.00 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | 1,05,681.00 | 1,05,681.00 |
| (d) | Employee benefit expense | 8,992.00 | 8,992.00 |
| (e) | Finance costs | 957.00 | 957.00 |
| (f) | Depreciation, depletion and amortisation expense | 5,494.00 | 5,494.00 |
| (f) | Other Expenses | ||
| 1 | Other expenses | 4,517.00 | 4,517.00 |
| Total other expenses | 4,517.00 | 4,517.00 | |
| Total expenses | 1,29,559.00 | 1,29,559.00 | |
| 3 | Total profit before exceptional items and tax | (17,713.00) | (17,713.00) |
| 4 | Exceptional items | 0.00 | 0.00 |
| 5 | Total profit before tax | (17,713.00) | (17,713.00) |
| 6 | Tax expense | ||
| 7 | Current tax | 0.00 | 0.00 |
| 8 | Deferred tax | (2.00) | (2.00) |
| 9 | Total tax expenses | (2.00) | (2.00) |
| 10 | Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement | 0.00 | 0.00 |
| 11 | Net Profit Loss for the period from continuing operations | (17,711.00) | (17,711.00) |
| 12 | Profit (loss) from discontinued operations before tax | 6.00 | 6.00 |
| 13 | Tax expense of discontinued operations | 0.00 | 0.00 |
| 14 | Net profit (loss) from discontinued operation after tax | 6.00 | 6.00 |
| 15 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 0.00 | 0.00 |
| 16 | Total profit (loss) for period | (17,705.00) | (17,705.00) |
| 17 | Other comprehensive income net of taxes | 1,176.00 | 1,176.00 |
| 18 | Total Comprehensive Income for the period | (16,529.00) | (16,529.00) |
| 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 | 3,09,452.00 | 3,09,452.00 | |
| Face value of equity share capital | 1 | 1 | |
| 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 | -0.22 | -0.22 | |
| Diluted earnings (loss) per share from continuing operations | -0.22 | -0.22 | |
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings (loss) per share from discontinued operations | 0 | 0 | |
| Diluted earnings (loss) per share from discontinued operations | 0 | 0 | |
| ii | Earnings per equity share | ||
| Basic earnings (loss) per share from continuing and discontinued operations | -0.22 | -0.22 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | -0.22 | -0.22 | |
| 24 | Debt equity ratio | ||
| 25 | Debt service coverage ratio | ||
| 26 | Interest service coverage ratio | ||
| 27 | Disclosure of notes on financial results | Textual Information(1) | |
| Textual Information(1) | 1. The Company operates in a seasonal industry and, accordingly, its performance may vary from quarter to quarter. The results for the quarter are not necessarily indicative of the results for the full financial year. 2. The Company has aggregate exposures amounting to Rs 2,593.33 crore in its subsidiaries, comprising investments, inter-corporate loans, and accrued interest thereon. The management is actively undertaking appropriate measures for recovery and settlement of these amounts. In accordance with the principle of prudence and conservatism, the Company has not recognised interest income of Rs 28.03 crore (Previous Year Q1: Rs 28.03 crore) for the quarter ended June 30, 2026, on such inter-corporate loan. Such income will be recognised upon realisation. The Auditors have included an Emphasis of Matter in their limited review report in respect of this matter. 3. Pursuant to the Framework Agreement executed in March 2026 under the approved Resolution Plan, the Company, during the quarter, allotted 1,67,23,565 equity shares of face value Re. 1 each at an issue price of Rs. 5.12 per equity share and 44,56,67,369 Compulsorily Convertible Preference Shares (CCPS) of face value Re. 1 each to one lender, in accordance with the terms of the Framework Agreement. The stipulated equity shares and CCPS had already been allotted to the other participating lenders in March 2026. Accordingly, with the aforesaid allotments made during the quarter, the issuance of equity shares and CCPS to the participating lenders, as envisaged under the approved Resolution Plan and the Framework Agreement, stands fully complied. 4. Pursuant to the restructuring agreements, certain plant and machinery, furniture and fixtures, and other equipment pertaining to the erstwhile Board Division (Ecotec) have been identified by the consortium of lenders as non-core assets for disposal. Some of the identified assets have been disposed off during the quarter. The Board Division has been classified as a discontinued operation in accordance with Ind AS 105 – Non-current Assets Held for Sale and Discontinued Operations. Accordingly, the net result of the Board Division, comprising income arising from the disposal of a part of the identified assets and the related expenses, has been presented separately in the Standalone financial results as Profit/(Loss) from Discontinued Operations. 5. The management has assessed the Company’s ability to continue as a going concern in accordance with Ind AS 1, after considering its current and expected operating performance, liquidity position and cash flow projections and positive net worth, prevailing firm sugar prices, and the impact of the approved debt restructuring. Pursuant to the restructuring, repayment of the outstanding Optionally Convertible Debentures (OCDs) is under moratorium, with repayments scheduled to commence from March 31, 2031, which is expected to support the Company’s liquidity and operations. Further, the Company is pursuing its claim aggregating approximately Rs. 1,978 crores (including interest up to June 30, 2026) under the Sugar Industry Promotion Policy, 2004, which is presently sub judice. Management expects a favourable outcome in the matter, which, upon realisation, would further strengthen the Company’s financial position and liquidity. Based on the above assessment, management is of the view that the Company will be able to continue its operations and meet its obligations in the normal course of business for the foreseeable future. Accordingly, these standalone financial results have been prepared on a going concern basis. 6. Previous period figures have been regrouped, rearranged, reworked and/or restated, wherever considered necessary, to conform to the current period classification and presentation. 7. The figures for the preceding quarter ended March 31, 2026 are the balancing figures between the audited figures in respect of the full financial year and the published unaudited year to date figures up to the third quarter of the respective financial years which were only limited reviewed by the auditors. 8. The above unaudited standalone financial results for the quarter ended June 30, 2026 were reviewed by the Audit Committee and thereafter, approved by the Board of Directors and were taken on record at their respective meetings held on August 13, 2026. For Bajaj Hindusthan Sugar Limited AJAY KUMAR SHARMA Managing Director DIN 09607745 Place : Golagokarannath Date : August 13, 2026 |
|---|
| Debt equity ratio | |
|---|---|
| Debt service coverage ratio | |
| Interest service coverage ratio |
| 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 | 01-04-2026 | 01-04-2026 | |||||
| Date of end of reporting period | 30-06-2026 | 30-06-2026 | |||||
| Whether results are audited or unaudited | Unaudited | Unaudited | |||||
| Nature of report standalone or consolidated | Standalone | Standalone | |||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| 1 | Sugar | 1,04,177.00 | 1,04,177.00 | ||||
| 2 | Distillery | 11,158.00 | 11,158.00 | ||||
| 3 | Power | 0.00934 | 0.00934 | ||||
| 4 | Others | 0.00074 | 0.00074 | ||||
| Total Segment Revenue | 1,16,343.00 | 1,16,343.00 | |||||
| Less: Inter segment revenue | 4,713.00 | 4,713.00 | |||||
| Revenue from operations | 1,11,630.00 | 1,11,630.00 | |||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| 1 | Sugar | (14,575.00) | (14,575.00) | ||||
| 2 | Distillery | 758.00 | 758.00 | ||||
| 3 | Power | (2,394.00) | (2,394.00) | ||||
| 4 | Others | 5.00 | 5.00 | ||||
| Total Profit before tax | (16,206.00) | (16,206.00) | |||||
| i. Finance cost | 957.00 | 957.00 | |||||
| ii. Other Unallocable Expenditure net off Unallocable income | 544.00 | 544.00 | |||||
| Profit before tax | (17,707.00) | (17,707.00) | |||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| 1 | Sugar | 6,27,400.00 | 6,27,400.00 | ||||
| 2 | Distillery | 88,138.00 | 88,138.00 | ||||
| 3 | Power | 73,241.00 | 73,241.00 | ||||
| 4 | Others | 18,127.00 | 18,127.00 | ||||
| Total Segment Asset | 8,06,906.00 | 8,06,906.00 | |||||
| Un-allocable Assets | 4,75,622.00 | 4,75,622.00 | |||||
| Net Segment Asset | 12,82,528.00 | 12,82,528.00 | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| 1 | Sugar | 2,35,815.00 | 2,35,815.00 | ||||
| 2 | Distillery | 3,950.00 | 3,950.00 | ||||
| 3 | Power | 636.00 | 636.00 | ||||
| 4 | Others | 1,129.00 | 1,129.00 | ||||
| Total Segment Liabilities | 2,41,530.00 | 2,41,530.00 | |||||
| Un-allocable Liabilities | 6,75,911.00 | 6,75,911.00 | |||||
| Net Segment Liabilities | 9,17,441.00 | 9,17,441.00 | |||||
| Disclosure of notes on segments | |||||||
| 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 | 01-04-2026 | 01-04-2026 |
| B | Date of end of reporting period | 30-06-2026 | 30-06-2026 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| Total Amount of items that will not be reclassified to profit and loss | |||
| 2 | Income tax relating to items that will not be reclassified to profit or loss | ||
| 3 | Amount of items that will be reclassified to profit and loss | ||
| 1 | Items that will be reclassified to profit or loss | 1,376.00 | 1,376.00 |
| Total Amount of items that will be reclassified to profit and loss | 1,376.00 | ||
| 4 | Income tax relating to items that will be reclassified to profit or loss | 200.00 | 200.00 |
| 5 | Total Other comprehensive income | 1,176.00 | 1,176.00 |
| Mode of Fund Raising | Preferential Issues |
|---|---|
| Description of mode of fund raising (Applicable in case of others is selected) | |
| Date of Raising Funds | 01-04-2026 |
| Amount Raised | 5,313.00 |
| Report filed for Quarter ended | 30-06-2026 |
| Monitoring Agency | Not Applicable |
| Monitoring Agency Name, if applicable | |
| Is there a Deviation / Variation in use of funds raised | No |
| If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders | |
| If Yes, Date of shareholder Approval | |
| Explanation for the Deviation / Variation | |
| Comments of the Audit Committee after review | None |
| Comments of the auditors, if any | false |
| Sr. | Original Object | Modified Object, if any | Original Allocation | Modified allocation, if any | Funds Utilised | Amount of Deviation/Variation for the quarter according to applicable object | Remarks if any |
| 1 | Object as per the General Meeting Notice: The object of the issue is to comply with the Resolution Plan for restructuring of loans of the Lenders in accordance with RBI Prudential Framework. In accordance with the Resolution Plan, the Company proposes to issue and allot equity shares of the Company to the Lenders by converting the part of YTM owed by the Company, so that the total shareholding of the Lenders will not exceed 50% of the paid-up capital post conversion. | Not applicable | 856.00 | 0.00 | 856.00 | 0.00 | |
| 2 | Object as per the General Meeting Notice: The object of the issue is to comply with the Resolution Plan for restructuring of loans from the Lenders in accordance with RBI Prudential Framework. In accordance with the Resolution plan, the Company proposes to issue and allot Compulsorily Convertible Preference Shares of the Company to the Lenders by converting the outstanding loans (part of YTM and RoR). | Not applicable | 4,457.00 | 0.00 | 4,457.00 | 0.00 |
| Name of signatory | Kausik Adhikari |
| Designation of person | Company Secretary and Compliance Officer |
| Place | Mumbai |
| Date | 13-08-2026 |