K.M. Sugar Mills Ltd. Board Approves FY26 Results; Appoints New Director and Cost Auditor
K.M. Sugar Mills Limited announced the outcomes of its Board of Directors meeting held on May 18, 2026. During the meeting, the Board reviewed and approved the audited Standalone and Consolidated Financial Results for the year ended March 31, 2026.In addition to finalizing the financial reports, the Board made several key corporate announcements, including the appointment of a new Additional Director and the re-constitution of the Corporate Social Responsibility Committee (CSR Committee).
Governance and Operational Changes
During the May 18, 2026, meeting, the Board of Directors took the following actions:- Cost Auditor Appointment: The Board approved the appointment of M/s Aman Malviya & Associates, Cost Accountants, to serve as the Cost Auditors for the financial year 2026-27.
- Additional Director Appointment: The Board recommended the appointment of Smt. Naina Jhunjhunwala (DIN: 01837824) as an Additional Director, effective May 18, 2026. This appointment is subject to shareholder approval at the ensuing Annual General Meeting.
- CSR Committee: The Corporate Social Responsibility Committee was reconstituted with the following members: Mrs. Naina Jhunjhunwala (Additional Director), Shri Sushil Solomon (Non-Executive - Independent Director), and Shri Sanjay Jhunjhunwala (Non-Executive - Independent Director).
- Remuneration Increase: The Board, based on recommendations from the Nomination and Remuneration Committee and the Audit Committee, approved increasing the salary of Mr. Vatsal Jhunjhunwala, Vice President and related party. The remuneration is set at up to a sum of Rs. 10 Lakhs per month, subject to shareholder approval.
Financial Performance Highlights (FY 2026)
The Board approved the audited financial results for the year ended March 31, 2026. The company’s segment revenues showed strong performance across its primary divisions.Segment Revenue Summary (Rs. in lakhs):
| Segment | Quarter ended 31.03.2026 (Audited) | Quarter ended 31.12.25 (Unaudited) | Quarter ended 31.03.25 (Audited) | Year ended 31.03.2026 (Audited) |
|---|---|---|---|---|
| Sugar | 9,281 | 15,325 | 13,565 | 59,792 |
| Distillery | 2,610 | 2,394 | 2,587 | 9,377 |
| Total Revenue from operations | 10,599 | 16,008 | 15,326 | 65,838 |
Consolidated Financial Results Summary (Rs. in lakhs):
The consolidated financials show the following annual figures for the year ended March 31, 2026, compared to the previous year.
| Financial Metric | Year ended 31.03.2026 | Year ended 31.03.2025 |
|---|---|---|
| Total Income | 67,789 | 66,638 |
| Profit/(Loss) before exceptional items and tax | 7,256 | 1,892 |
| Total Tax expenses | 1,914 | 1,337 |
| Profit/(Loss) for the period | 5,342 | 3,555 |
| Total Comprehensive Income | 5,331 | 3,541 |
The total assets for the Group as of March 31, 2026, reached 74,974 lakhs, up from 72,988 lakhs in the previous year.
Statement of Assets and Liabilities
The consolidated balance sheet summary highlights the company’s asset and liability structure:| Particulars | As at 31.03.2026 (Audited) | As at 31.03.2025 (Audited) |
|---|---|---|
| Non-Current Assets | 33,816 | 32,894 |
| Current Assets | 41,158 | 40,004 |
| TOTAL ASSETS | 74,974 | 72,988 |
| Equity Share Capital | 1,840 | 1,840 |
| Other Equity | 37,348 | 32,019 |
| TOTAL EQUITY | 39,188 | 33,859 |
| Total Non-Current Liabilities | 1,809 | 3,211 |
| Total Current Liabilities | 33,977 | 35,918 |
| TOTAL EQUITY AND LIABILITIES | 74,974 | 72,988 |
KMSUGAR Stock Price Movement
K.M. Sugar Mills Limited shares today slipped by 1.79% to settle at ₹27.42 in post-market trading. The stock recorded significant activity, trading on a total volume of 87,955 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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