Dwarikesh Sugar Industries Approves Financials, Recommends Dividend, and Appoints Auditors

Dwarikesh Sugar Industries Approves Financials, Recommends Dividend, and Appoints Auditors​

Dwarikesh Sugar Industries Limited announced key corporate decisions following the Board of Directors meeting held via video conferencing (VC) on May 14, 2026. The Board approved the audited standalone financial results for the quarter and year ended March 31, 2026, and recommended a dividend for the fiscal year 2025-26.

The Board meeting led to the adoption of the Audited Financial Results (Standalone) for the quarter and year ended March 31, 2026. The figures were presented alongside the Auditor's Report issued by M/s Mittal Gupta & Co., Chartered Accountants, confirming an Unmodified Opinion.

Dividend Recommendation and AGM Details​

During the meeting, the Board of Directors recommended a dividend of Rs. 0.10 per Equity share, which has a face value of Rs. 1 each (a 10% dividend) for the financial year 2025-26. This recommendation is subject to approval by the shareholders at the ensuing Annual General Meeting (AGM).

The 32nd Annual General Meeting (AGM) is scheduled for Thursday, August 6, 2026, to be held at the Company’s registered office. For the purpose of conducting the AGM and determining dividend eligibility, the Register of Members and the Share Transfer Books will remain closed from Friday, July 31, 2026, through Thursday, August 6, 2026.

Key Governance Appointments and Reappointments​

The Board also formalized several key appointments for the financial year 2026-27:

• Cost Auditor: M/s. Ramanath Iyer & Co., Cost Accountants, was approved as the Cost Auditors for the financial year 2026-27.
• Internal Auditor: M/s. S.S. Kothari Mehta & Company, Chartered Accountants, was approved as the Internal Auditors for the financial year 2026-27.
• Executive Director: Mr. Gautam R Morarka (DIN: 0002078) was approved for reappointment as a Whole-Time Director, designated as Executive Chairman, for a period of five consecutive years. This appointment is effective from January 1, 2027, and remains subject to shareholder approval at the AGM.

Financial Highlights​

The Company's audited financial results provide a detailed view of its performance for the period.

The Statement of Audited Financial Results for the quarter and year ended March 31, 2026, was presented in Lakhs (t in Lakhs):


The segmental performance showed the following totals:


The company's total assets stood at 1,29,770.72 Lakhs as at March 31, 2026, compared to 1,46,286.56 Lakhs as at March 31, 2025. Total liabilities also stood at 1,29,770.72 Lakhs, matching the total assets figure.

DWARKESH Stock Price Movement​

Today, Dwarikesh Sugar Industries Limited shares slipped by 5.78% to settle at ₹44, marking a downward trend in post-market trading. The stock traded on a volume of 3.61 million shares, fluctuating today between ₹43 and ₹46.1.