Magadh Sugar Q1 FY27 Results (NSE: MAGADSUGAR)
Signal: Slipped to loss
The read
Q1FY27 was a seasonal trough — sugar mill closed, inventory drawdown and raw material overhang caused a deep operating loss. The distillery segment was resilient but weaker YoY. FY27 full-year depends on the upcoming crushing season (Nov-Apr) and sugar price recovery.
| Metric | Value | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹3.11 Cr | -6.76% | 6.83% |
| EBIT | ₹-0.06 Cr | -2455.56% | |
| Net profit | ₹-0.12 Cr | -5571.43% | |
| EPS | ₹-8.67 | -5518.75% | |
| EBIT margin | 0.5% |
P&L walk
Standalone-only filer — no consolidated data.
Segments
Sugar segment swung to a loss of ₹-9.99 Cr (vs profit of ₹4.56 Cr YoY), dragging the entire company; Distillery remained profitable at ₹4.78 Cr but declined -55.5% YoY; Co-generation also loss-making (-₹2.04 Cr) on negligible revenue as crushing season ended.
Key positives
- Distillery segment remained profitable (₹4.78 Cr) despite lower revenue; finance cost down -18.8% YoY helps coverage.
Key concerns
- Sugar segment loss of ₹9.99 Cr vs profit of ₹4.56 Cr YoY, the worst performer.
- Gross margin negative in raw material % basis — input cost rose 51.6% YoY while revenue fell; driver not disclosed.
- Co-generation posted a loss of ₹2.04 Cr on negligible revenue; seasonality risk.
Research and educational content only. Not investment advice.