Summary of Key Information:
Reporting Period (Quarter/Year): Quarter and Financial Year ended March 31, 2026
Nature of Filing / Announcement: Outcome of Board Meeting - Audited Annual Financial Results
Date of Board Meeting / Approval: May 29, 2026 (commenced at 05:00 PM, concluded at 6:25 PM)
Audit Opinion: Unqualified with Emphasis of Matter
Auditor's Comment: Emphasis of Matter regarding subsidiary exposures (₹2,579.57 crore), deferred interest income recognition (₹112.43 crore for year), debt restructuring implementation, and going concern assessment.
Key Financial Highlights [₹ crore]
Standalone Results:
Revenue from Operations:
- Q4 FY26: ₹1,656.76 crore
- FY26: ₹5,420.17 crore
- FY25: ₹5,542.26 crore (YoY decrease of 2.20%)
Total Income:
- Q4 FY26: ₹1,666.59 crore
- FY26: ₹5,441.05 crore
Net Profit:
- Q4 FY26: ₹391.06 crore
- FY26: ₹137.97 crore
- Q4 FY25: ₹35.19 crore
- FY25: ₹(751.14) crore (significant turnaround from loss)
EPS:
- Basic EPS for FY26: Not explicitly stated but calculable from net profit and share capital
Other Equity:
- March 31, 2026: ₹768.07 crore
- March 31, 2025: ₹165.87 crore
Cash and Cash Equivalents:
- March 31, 2026: ₹84.23 crore
- March 31, 2025: ₹65.34 crore
Debt:
- Borrowings (Non-current): ₹3,095.74 crore
- Borrowings (Current): ₹369.21 crore
- Total Borrowings: ₹3,464.95 crore
Consolidated Results:
Revenue from Operations:
- Q4 FY26: ₹1,668.71 crore
- FY26: ₹5,454.76 crore
- FY25: ₹5,572.67 crore (YoY decrease of 2.12%)
Net Profit:
- Q4 FY26: ₹390.68 crore
- FY26: ₹126.14 crore
- Q4 FY25: ₹33.82 crore
- FY25: ₹(780.30) crore (significant turnaround from loss)
EPS:
- Basic EPS (continuing and discontinued): ₹2.30 per share (Q4), ₹0.93 per share (FY26)
- Diluted EPS (continuing and discontinued): ₹2.17 per share (Q4), ₹0.86 per share (FY26)
Other Equity:
- March 31, 2026: ₹762.63 crore
- March 31, 2025: ₹26.81 crore
Segment-wise Performance [₹ crore]:
Standalone Segment Revenue (FY26):
- Sugar: ₹5,824.12 crore
- Distillery: ₹568.41 crore
- Power: ₹842.33 crore
- Others: ₹2.92 crore
- Total: ₹7,237.78 crore
- Less Inter-segment: ₹1,817.61 crore
- Revenue from Operations: ₹5,420.17 crore
Standalone Segment Results (Profit before tax and interest, FY26):
- Sugar: ₹60.14 crore
- Distillery: ₹72.90 crore
- Power: ₹55.69 crore
- Others: ₹(4.48) crore
- Total: ₹184.25 crore
Consolidated Segment Revenue (FY26):
- Sugar: ₹5,824.12 crore
- Distillery: ₹568.41 crore
- Power: ₹842.33 crore
- Others: ₹37.51 crore
- Total: ₹7,272.37 crore
- Less Inter-segment: ₹1,817.61 crore
- Revenue from Operations: ₹5,454.76 crore
Corporate Actions:
Dividend: No dividend recommended for financial year ended March 31, 2026
Capital Restructuring:
- Increased authorized share capital from ₹500 crore to ₹13,000 crore
- Allotted 109,65,82,534 equity shares (face value Re. 1) at ₹5.12 per share to lenders for YTM conversion
- Allotted 28,10,88,20,184 Compulsorily Convertible Preference Shares (CCPS) of face value Re. 1 each aggregating ₹2,810.88 crore to lenders
- Paid-up equity share capital increased from ₹127.74 crore to ₹237.39 crore
Entities Included in Consolidation:
1. Bajaj Aviation Private Ltd (100%)
2. Bajaj Power Generation Private Ltd (100%)
3. Bajaj Hindusthan (Singapore) Pte. Ltd., Singapore (100%)
4. Phenil Sugars Limited (99.70%)
5. PT. Batu Bumi Persada, Indonesia (99%)
6. PT. Jangkar Prima, Indonesia (99.88%)
Going Concern Assessment:
Management believes the Company can continue as going concern based on:
- Positive EBITDA for quarter and year ended March 31, 2026
- Successful debt restructuring implementation
- Improved liquidity position
- Operational improvements initiatives
- Expected favorable outcome of ₹1,961 crore policy claim