KMSUGAR
K.M.Sugar Mills financials
- Market cap
- ₹280 Cr
- Sector
- Fast Moving Consumer Goods
What K.M.Sugar Mills Limited does
K.M. Sugar Mills operates an integrated cane-processing complex at Motinagar, District Ayodhya, Uttar Pradesh, producing white crystal and raw sugar for domestic and export markets. The distillery division converts by-products into rectified spirit, extra neutral alcohol, ethanol and country liquor, while a bagasse-based co-generation power plant uses cane residue to generate electricity, consuming it captively and selling surplus power to Uttar Pradesh Power Corporation Limited (UPPCL). The company also holds a wholly-owned subsidiary, K M Spirits and Allied Industries Limited, set up to manufacture spirits, though it has yet to commence operations.
Segments
- Sugar Division
- Distillery Division
- Power Division
- Sugarcane crushing capacity
- 9,500 tonnes/day (TCD)
- Cane crushed
- 11,098,006 quintals (FY25)
- Sugar produced
- 1,235,608 quintals (FY25)
- Average sugar recovery
- 11.01% (FY25)
- Ethanol capacity
- 50 KLPD
- Rectified spirit/ENA capacity
- 45 KLPD (rectified spirit)
Quarterly results
Q1 FY27: revenue down 8.8%, net profit down 40.4% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 170 | 166 | 153 | 208 | 175 +3% | 169 +2% | 106 −31% | 190 −9% |
| EBITDA | 15 | 24 | 24 | 26 | 18 +25% | 23 −7% | 20 −16% | 16 −39% |
| Net profit | 5 | 13 | 11 | 13 | 10 +116% | 21 +63% | 9 −16% | 8 −40% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +8.4% 1Y
1Y: ₹28.06 on 10 Sept 2025 → ₹30.41. High ₹35.3 (20 Aug 2026), low ₹23.51 (6 Feb 2026).
Financials, as filed
Revenue grew 4.6% a year over 3 years, FY23 to FY26. Operating margin widened to 13.2%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹576 Cr | ₹657 Cr | ₹659 Cr | ₹658 Cr |
| Operating profit | ₹50 Cr | ₹70 Cr | ₹82 Cr | ₹87 Cr |
| Operating margin | 8.7% | 10.6% | 12.4% | 13.2% |
| Interest | ₹14 Cr | ₹17 Cr | ₹18 Cr | ₹12 Cr |
| Depreciation | ₹16 Cr | ₹23 Cr | ₹22 Cr | ₹22 Cr |
| Net profit | ₹24 Cr | ₹28 Cr | ₹36 Cr | ₹53 Cr |
| Net margin | 4.1% | 4.3% | 5.4% | 8.1% |
| Cash from operations | ₹73 Cr | ₹29 Cr | ₹31 Cr | ₹89 Cr |
| Free cash flow | ₹-3 Cr | ₹3 Cr | ₹16 Cr | ₹40 Cr |
| ROCE | 9.0% | 10.0% | 11.0% | 13.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹18 Cr | ₹18 Cr | ₹18 Cr | ₹18 Cr | ₹18 Cr | ₹18 Cr |
| Reserves | ₹195 Cr | ₹234 Cr | ₹257 Cr | ₹285 Cr | ₹344 Cr | ₹373 Cr |
| Borrowings | ₹201 Cr | ₹224 Cr | ₹268 Cr | ₹291 Cr | ₹67 Cr | ₹250 Cr |
| Other liabilities | ₹210 Cr | ₹166 Cr | ₹160 Cr | ₹185 Cr | ₹41 Cr | ₹108 Cr |
| Total liabilities | ₹625 Cr | ₹643 Cr | ₹703 Cr | ₹779 Cr | ₹470 Cr | ₹750 Cr |
| Fixed assets | ₹158 Cr | ₹159 Cr | ₹214 Cr | ₹209 Cr | ₹221 Cr | ₹227 Cr |
| Capital work in progress | ₹8 Cr | ₹0 Cr | ₹5 Cr | ₹12 Cr | ₹20 Cr | ₹14 Cr |
| Investments | ₹24 Cr | ₹30 Cr | ₹63 Cr | ₹76 Cr | ₹71 Cr | ₹76 Cr |
| Other assets | ₹434 Cr | ₹454 Cr | ₹421 Cr | ₹482 Cr | ₹159 Cr | ₹433 Cr |
| Total assets | ₹625 Cr | ₹643 Cr | ₹703 Cr | ₹779 Cr | ₹470 Cr | ₹750 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, FIIs trimmed −0.12 pp while the public added +0.12 pp. The shareholder count shrank 9% to 52,039.
- Promoters
- 56.5%
- FIIs
- 0.1%
- Public
- 43.4%
Since Jun 2025
- FIIs −0.12 pp
- Public +0.12 pp
- Promoters 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 56.5%, FIIs 0.8%, Public 42.6%.Dec '23: Promoters 56.5%, Public 43.5%.Mar '24: Promoters 56.5%, FIIs 0.3%, Public 43.2%.Jun '24: Promoters 56.5%, FIIs 0.2%, Public 43.3%.Sep '24: Promoters 56.5%, FIIs 0.2%, Public 43.3%.Dec '24: Promoters 56.5%, FIIs 0.1%, Public 43.3%.Mar '25: Promoters 56.5%, FIIs 0.1%, Public 43.4%.Jun '25: Promoters 56.5%, FIIs 0.2%, Public 43.3%.Sep '25: Promoters 56.5%, FIIs 0.2%, DIIs 0.6%, Public 42.8%.Dec '25: Promoters 56.5%, FIIs 0.1%, DIIs 0.6%, Public 42.8%.Mar '26: Promoters 56.5%, FIIs 0.2%, Public 43.3%.Jun '26: Promoters 56.5%, FIIs 0.1%, Public 43.4%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Naina Jhunjhunwala +15.55 pp 20.09% held
The same filing shows 0 holders trimming and 1 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of K.M.Sugar Mills Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Naina Jhunjhunwala | 20.09% | +15.55 pp |
| Marvel Business Private Limited | 13.12% | unchanged |
| Lakshmi Kant Dwarkadas | 10.94% | unchanged |
| Aditya Jhunjhunwala | 5.75% | unchanged |
| Sanjay Jhunjhunwala | 2.71% | unchanged |
| Umadevi Jhunjhunwala | 2.65% | unchanged |
| K M Vyapar | 2.48% | unchanged |
| Manjari K Thanawala | 1.82% | unchanged |
| Shaila Jain | 1.79% | unchanged |
| MadhuPrakash Jhunjhunwala | 1.74% | unchanged |
| Vatsal Jhunjhunwala | 0.54% | unchanged |
| Jhunjhunwala Securities Private Limited | 0.54% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse K.M.Sugar Mills Limited
Guides on how to read this kind of business and the numbers that matter.