Zuari Industries Reports Financial Results for FY26; Consolidated PAT Reaches ₹105.8 crore
Zuari Industries Limited announced its audited financial results for the quarter and financial year ended March 31, 2026. The company reported steady operational progress and significant growth across its key business verticals, including Sugar, Power & Ethanol (SPE), and Real Estate.On a standalone basis, Zuari Industries recorded a total income of ₹994.9 crore for FY26. The consolidated financials showed total income reaching ₹1,155.1 crore. Furthermore, the company achieved a consolidated Profit After Tax (PAT) of ₹105.8 crore for the year, significantly contrasting with a loss of ₹94.4 crore in the previous fiscal year.
The company noted that its improved operational efficiencies, financial discipline, and lower borrowing costs were key contributors to the robust financial performance across both standalone and consolidated results.
Operational Highlights Across Divisions
The Sugar, Power & Ethanol (SPE) division delivered exceptional operational performance during FY26. The division achieved its highest-ever seasonal crush of 163.7 lakh quintals, surpassing the previous record of 149.3 lakh quintals set during SS 2022-23. Total cane crush for FY26 stood at 159.7 lakh quintals, and sugar production during the quarter increased by 7% year over year (YoY) to 8.8 lakh quintals. Meanwhile, ethanol production increased by 10.1% YoY, reaching 37,276 KL.In the real estate sector, Zuari Infraworld India Limited continues its development progress. The St. Regis Residences, Dubai project achieved approximately 98% completion, with handovers scheduled to commence from June 2026.
Engineering and financial services also showed marked improvements. Simon India Limited improved its EBITDA to ₹6.8 crore, strengthening its technology-driven engineering capabilities through strategic partnerships and MoUs with organizations including IIT Bombay, ISM Dhanbad, and Ballestra Italy. Zuari Finserv Limited and Zuari Insurance Brokers Limited reported EBITDA growth of 61% YoY and 54% YoY, respectively, in FY26.
Financial Snapshot Overview
The financial results confirm strong segment performance. Key figures highlight the increase in operational profitability:| Metric | Standalone FY26 | Standalone FY25 | Consolidated FY26 | Consolidated FY25 |
|---|---|---|---|---|
| Total Income | ₹994.9 crore | ₹979.9 crore | ₹1,155.1 crore | N/A |
| EBITDA (Standalone) | ₹191.5 crore | ₹179.3 crore | ₹181.0 crore | N/A |
| Profit Before Tax (PBT) | ₹54.1 crore | ₹31.8 crore | N/A | N/A |
The detailed quarterly and annual financial performance across both standalone and consolidated segments is provided below.
Key Financial Snapshot (Standalone)
| ZIL Standalone | Q4 FY26 | Q4 FY25 | FY26 | FY25 |
|---|---|---|---|---|
| Revenue from Operations (A) | 248.1 | 243.9 | 874.3 | 870.7 |
| Other income (B) | 19.2 | 14.7 | 120.6 | 109.3 |
| TotalIncome (C = A + B) | 267.3 | 258.6 | 994.9 | 979.9 |
| EBITDA (Operating) (D) | 46.6 | 49.9 | 70.8 | 70 |
| EBITDA (E) | 65.8 | 64.5 | 191.5 | 179.3 |
| Finance Cost (F) | 29.3 | 30.9 | 111.8 | 123.2 |
| Dep &Amort. (G) | 6.4 | 6 | 25.5 | 24.3 |
| PBT ( Before Excep. Item ) (H=E-F-G) | 30.1 | 27.6 | 54.1 | 31.8 |
Key Financial Snapshot (Consolidated)
| Particulars | Q4 FY26 | Q4 FY25 | FY26 | FY25 |
|---|---|---|---|---|
| Segment revenue: a) Sugar | 291.9 | 246.1 | 854.7 | 806.6 |
| Segment revenue: b) Power | 38.6 | 45.6 | 91.5 | 92.9 |
| Segment revenue: c) Ethanol Plant | 63.7 | 73.9 | 234.1 | 228.2 |
| Segment revenue: d) Real estate | 0.2 | 11.0 | 25.1 | 32.9 |
| Segment revenue: e) Management services | 8.5 | 9.1 | 37.1 | 33.5 |
| Segment revenue: f) Financial services | 5.2 | 4.9 | 27.9 | 25.1 |
| Segment revenue: g) Engineering services | 27.8 | 8.2 | 84.0 | 15.4 |
| Segment revenue: h) Furniture | 0.1 | 1.2 | 0.9 | 2.0 |
| Total Segment Revenue | 283.6 | 272.3 | 1,044.8 | 970.3 |
| Profit/(loss) before share of profit/(loss) from associates, JV and Tax | (11.3) | (22.3) | (91.8) | (129.7) |
Commenting on the results, Mr. Athar Shahab, Managing Director, Zuari Industries Ltd, noted that FY26 reflected steady operational progress across the businesses, supported by stronger execution and improved efficiencies. He highlighted that the high seasonal and Q4 crush in the Sugar, Power & Ethanol division was driven by sustained focus on cane development and improved operational efficiencies. The MD added that the Real Estate business continued to make progress, and Simon India strengthened its engineering and technology capabilities through strategic collaborations.
The company remains focused on strengthening core operations, maintaining financial discipline, and pursuing sustainable long term growth opportunities.
ZUARIIND Stock Price Movement
Today, shares of Zuari Industries Limited edged higher, settling at ₹252.25, marking a solid gain of 1.08% for the session. The stock traded on a total volume of 49,807 shares, carving out a day range between ₹250.15 and ₹256.35.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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