Magadh Sugar & Energy Announces Q4 and FY26 Results; Recommends 125% Dividend

Magadh Sugar & Energy Announces Q4 and FY26 Results; Recommends 125% Dividend​

Kolkata, West Bengal, May 11, 2026: The Board of Directors of Magadh Sugar & Energy Limited (MSEL) took record of the unaudited Financial Results for the Quarter and Financial Year ending March 31, 2026.

Financial Performance Highlights​

The Company reported key financial metrics for the fourth quarter (Q4 FY26) and the full financial year (FY26) compared to the previous year.

The financial data for the respective quarters and years is detailed below:


For FY26, the Board also recommended a Dividend of 125% of the Face Value, equating to Rs 12.50 per Equity Share.

Operational Environment and Outlook​

Commenting on the results, Mr. C.S. Nopany, Chairperson of Magadh Sugar & Energy Ltd, noted that the operating environment during the period presented challenges. These included bearish sugar prices, attributed to global political and economic factors, which were unable to offset rising sugarcane prices and exerted pressure on margins across the industry.

Furthermore, the sugarcane yield was severely affected by unseasonal rains, leading to a lower availability of raw material and resulting in the under-utilization of crushing capacities.

Mr. Nopany highlighted that despite these headwinds, the Company's diversified operations—spanning Sugar, Ethanol, and Co-generation—along with robust operational efficiency, supported stable cash flows.

He also pointed out that the government of Bihar has launched an ambitious roadmap to revive the sugar industry, aligning with the state's goal of agro-industrial growth, employment generation, and technology adoption. Mr. Nopany stated that the sugar sector in Bihar is well-positioned for resurgence through renewed policy focus and collaborative implementation.

The Company's future plans include the full operation of the enhanced crushing capacity and steam-saving measures at the Narkatiaganj unit. Additionally, the Company is installing a Sugar Refinery, which is expected to significantly add value to its products and strengthen overall market competitiveness.

Company Profile​

Incorporated on March 19, 2015, Magadh Sugar & Energy Limited's primary objective involves dealing in sugar and sugar products, as well as spirits and denatured alcohol of any strength. The Company's activities cover the manufacturing process of sugar and any resulting business activities.

The Company operates three sugar mills: New Swadeshi Sugar Mills (West Champaran, Bihar), Bharat Sugar Mills (Sidhwalia, Bihar), and Hasanpur Sugar Mills (Samastipur, Bihar). These mills boast a combined crushing capacity of 21,500 Tonnes per Day (TCD). Additionally, the Company operates two distilleries for ethanol at Narkatiaganj and Sidhwalia, giving it a total ethanol capacity of 155 KLPD. The facility also includes a Co-gen setup capable of generating 38 MW of power.

MAGADSUGAR Stock Price Movement​

Shares of Magadh Sugar & Energy Limited shed 0.05% today, settling their trade at ₹512.00 in post-market activity. The stock recorded a traded volume of 65,779 shares, signaling investor interest as the market wound down for the day.