| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 107 | 133 | −19.5% |
| EBITDA | −10.9 | −7.5 | — |
| EBITDA margin | −10.1% | −5.7% | −4.5 pts |
| Profit before tax | −25.8 | −16.4 | — |
| Net profit | −25.8 | −16.4 | — |
| EPS | −₹1.19 | −₹0.75 | — |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 106 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 2.4 | 2.4 | 9.6 | 1.2 | 1.7 | ||
| 421 | 421 | 391 | 366 | 356 | ||
| 524 | — | — | — | — | ||
| 351 | 377 | 454 | 550 | 616 | ||
| — | −17.0% | −17.4% | −10.8% | — | ||
| −13.1 | −9.7 | 11.7 | 66.2 | 66.2 | ||
| −3.7% | −2.6% | 2.6% | 12.0% | 10.7% | ||
| −31.8 | −28.0 | −4.4 | 50.3 | 50.2 | ||
| −36.0 | −28.2 | −37.0 | 14.5 | −23.4 | ||
| −10.3% | −7.5% | −8.2% | 2.6% | −3.8% | ||
| −₹1.65 | −₹1.29 | −₹1.70 | ₹0.67 | −₹1.08 | ||
| — | +23.9% | −355.4% | +161.8% | — | ||
| — | 37.2 | 50.4 | 146 | 52.1 | ||
| — | 0.0 | 0.0 | −126 | 0.0 | ||
| 37.2 | 37.2 | 50.4 | 19.9 | 52.1 | ||
From the company's filings with NSE and BSE (Ind-AS), standalone. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 106.3 | |
| - Cash, Equiv & ST Investments | 1.7 | 1.2 | 9.6 | 2.4 | 2.4 | |
| + Total Debt | 355.6 | 365.5 | 390.5 | 420.6 | 420.6 | |
| Enterprise Value | — | — | — | — | 524.4 | |
| Revenue | 616.5 | 549.7 | 453.9 | 376.8 | 350.8 | |
| Growth %, YoY | — | -10.8 | -17.4 | -17.0 | — | |
| EBITDA | 66.2 | 66.2 | 11.7 | -9.7 | -13.1 | |
| Margin % | 10.74 | 12.04 | 2.57 | -2.58 | -3.72 | |
| EBIT | 50.2 | 50.3 | -4.4 | -28.0 | -31.8 | |
| Net Income | -23.4 | 14.5 | -37.0 | -28.2 | -36.0 | |
| Margin % | -3.80 | 2.64 | -8.16 | -7.48 | -10.26 | |
| EPS, Adj (current shares) | -1.08 | 0.67 | -1.70 | -1.29 | -1.65 | |
| Growth %, YoY | — | +161.8 | -355.4 | +23.9 | — | |
| Cash from Operations | 52.1 | 145.7 | 50.4 | 37.2 | — | |
| Capital Expenditures | -0.0 | -125.9 | -0.0 | -0.0 | — | |
| Free Cash Flow | 52.1 | 19.9 | 50.4 | 37.2 | 37.2 | |
Prices at the 30 October 2026 close · figures from the company's filings with NSE
Vishwaraj Sugar Industries (NSE: VISHWARAJ) had a market capitalisation of ₹102 crore at the 30 October 2026 close (₹4.69 a share) and a price-to-book ratio of 0.40. In FY26 its consolidated net loss was ₹28.2 crore on revenue of ₹377 crore; in Q1 FY27 (April–June 2026) it was a loss of ₹25.8 crore. Its debt-to-equity ratio was 1.66 on 31 March 2026. Promoters held 29.05% of the shares on 30 September 2026.
Vishwaraj Sugar Industries' PE ratio is not meaningful at the 30 October 2026 close: its consolidated net profit over the last four quarters (Q2 FY26 to Q1 FY27) was a loss of ₹36 crore, and a price-to-earnings ratio needs positive earnings. Its market capitalisation was ₹102 crore at ₹4.69 a share.
Vishwaraj Sugar Industries' price-to-book (PB) ratio is 0.40 at the 30 October 2026 close: a market capitalisation of ₹102 crore divided by shareholders' equity (book value) of ₹253 crore on 31 March 2026. That is a book value of ₹11.61 per share against a share price of ₹4.69.
Vishwaraj Sugar Industries' net worth — shareholders' equity in its consolidated balance sheet — was ₹253 crore on 31 March 2026, down 9.8% from ₹280 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹102 crore at the 30 October 2026 close.
Vishwaraj Sugar Industries' market capitalisation was ₹102 crore at the 30 October 2026 close: 21.78 crore shares at ₹4.69 each.
No. Vishwaraj Sugar Industries had borrowings of ₹421 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 1.66. Its cash and current investments were ₹2.5 crore, so its net debt was ₹418 crore.
Vishwaraj Sugar Industries' basic earnings per share (EPS) were −₹1.26 in FY26, against −₹1.74 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to −₹1.63.
Vishwaraj Sugar Industries' debt-to-equity ratio was 1.66 on 31 March 2026: borrowings of ₹421 crore against total equity of ₹253 crore. A year earlier, on 31 March 2025, it was 1.39.
Promoters held 29.05% of Vishwaraj Sugar Industries on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.
In FY26 (April 2025–March 2026), Vishwaraj Sugar Industries' consolidated net loss was ₹28.2 crore, narrower than the loss of ₹37 crore in FY25, on revenue from operations of ₹377 crore (down 17.0%).
In FY26, Vishwaraj Sugar Industries' return on equity (ROE) was −10.6% and its return on capital employed (ROCE) was −6.5%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was −13.5% and ROCE −1.1%.
Vishwaraj Sugar Industries' book value per share was ₹11.61 on 31 March 2026: shareholders' equity of ₹253 crore divided by the 21.78 crore shares in issue, down 9.8% from ₹12.88 a year earlier. The share price at the 30 October 2026 close was ₹4.69.
In FY26, Vishwaraj Sugar Industries earned net profit of ₹28.2 crore on revenue of ₹377 crore, against ₹23.8 crore on ₹1,743 crore for Rana Sugars. Vishwaraj Sugar Industries' operating margin was −7.4% (Rana Sugars 0.2%) and its return on equity −10.6% (Rana Sugars 4.1%). At the 30 October 2026 close, Vishwaraj Sugar Industries' market capitalisation was ₹102 crore against ₹179 crore for Rana Sugars.
On 30 September 2026, Vishwaraj Sugar Industries' shares were held by promoters 29.05% and retail and other non-institutional investors 70.95%.
In FY26, Vishwaraj Sugar Industries generated ₹37.2 crore of cash from operations and spent ₹0 lakh on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹37.2 crore. In FY25 it was ₹50.4 crore.
Vishwaraj Sugar Industries has not yet announced the date of its Q2 FY27 results (July–September 2026); under SEBI's listing rules (Regulation 33) they are due by 14 November 2026.
Vishwaraj Sugar Industries' latest results are for Q1 FY27 (April–June 2026), filed on 13 August 2026: consolidated net loss ₹25.8 crore, wider than the loss of ₹16.4 crore in Q1 FY26; revenue from operations ₹107 crore, down 19.5% year on year.
On FY26 consolidated figures, against Rana Sugars and Sakthi Sugars: Vishwaraj Sugar Industries' operating margin of −7.4% is the lowest of the three (Rana Sugars 0.2%, Sakthi Sugars 5.6%; peer average 2.9%); its return on equity of −10.6% is the lowest of the three (Rana Sugars 4.1%, Sakthi Sugars 13.2%; peer average 8.6%); its revenue growth over three years of −15.1% a year is the lowest of the three (Rana Sugars 2.3% a year, Sakthi Sugars −5.2% a year; peer average −1.4% a year).
From Vishwaraj Sugar Industries' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 30 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.