Magadh Sugar & Energy Limited Announces Dividend, New Independent Director, and Audited Financial Results
Magadh Sugar & Energy Limited announced the outcomes of its Board of Directors meeting held on May 11, 2026. The board approved the company's audited financial results for the quarter and year ended March 31, 2026, along with recommendations regarding a final dividend, the appointment of a new Independent Director, and the re-appointment of the Cost Auditor.Key Board Approvals
During the meeting, the Board of Directors approved several material corporate actions, subject to subsequent shareholder approval:- Financial Results: The company's audited financial results for the quarter and year ended March 31, 2026, were considered and approved.
- Dividend: The board recommended a final dividend of Rs. 12.50 (125%) per equity share of Rs. 10 each for the year ended March 31, 2026, pending approval at the Annual General Meeting.
- Independent Director: Mr. Rajan Arvin Dalal (DIN: 00546264) was appointed as an Independent Director for a term of five years, effective May 11, 2026.
- Cost Auditor: M/s D Radhakrishnan & Co., Cost Accountant, Kolkata, was re-appointed as the Cost Auditor for the financial year 2026-27.
Financial Highlights (As at March 31, 2026)
The company provided extensive financial data detailing its performance, asset composition, and liabilities for the year ended March 31, 2026.Comprehensive Financial Statements
The audited annual financial results for the year ended March 31, 2026, showed the following key metrics:| Metric | Year ended 31.03.2026 (Audited) | Previous Year ended 31.03.2025 (Audited) |
|---|---|---|
| Total Income | 1,24,878.34 | 1,32,510.66 |
| Total Expenses | 1,16,271.76 | 1,17,732.65 |
| Net Profit after tax | 6.350.76 | 10.944.61 |
| Total Comprehensive Income | 6,385.63 | 10.947.97 |
| Earnings per equity share (in K) | 45.07 | 77.67 |
Segment Revenue Performance
The total revenue from operations increased to 1,24,453.71 for the year ended March 31, 2026, compared to 1,32,228.50 in the previous year. Performance across major segments was reported as follows:| Segment | Year ended 31.03.2026 (Audited) Revenue | Previous Year ended 31.03.2025 Revenue |
|---|---|---|
| Sugar | 1,09,105.22 | 1,19.119.91 |
| Distillery | 29,792.00 | 29,581.59 |
| Co-generation | 7,424.97 | 8.380.04 |
| Total Revenue from Operations | 1,24,453.71 | 1,32,228.50 |
Segment profits before tax were reported at 8.523.26 crore for the fiscal year 2026, down from 14.778.01 crore in the previous year.
Balance Sheet Summary
As of March 31, 2026, the Total Assets stood at 1,67,990.79 crore, a slight decrease from 1,68.898.45 crore recorded in the previous year.The company's total equity and liabilities were similarly reported, with Total Equity Liabilities recorded at 1.67,990.79 crore as of March 31, 2026.
Strategic Appointments
The appointment details for the new Independent Director and the re-appointment of the Cost Auditor are detailed in the following table:| Particulars | Mr. Rajan Arvin Dalal (Independent Director) | M/s D Radhakrishnan & Co. (Cost Accountant) |
|---|---|---|
| Reason for Appointment | Independent Director | Cost Auditors of the Company for FY 2026-27 |
| Term/Period | 5 years, effective from May 11, 2026 | Re-appointed for FY 2026-27 |
| Experience Profile | Over 50 years of vast experience in various businesses, including wealth management, investment in equity and debt market, and capital raising. | One of the leading Cost and Management Accountants in India, with expertise in cost and management accounting across several industries. |
MAGADSUGAR Stock Price Movement
Today, Magadh Sugar & Energy Limited shares edged higher to settle at ₹513.85, recording a gain of 0.31%. The stock traded on a volume of 64,067 shares during the session.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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