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Piccadily Sugar & Allied Industries Ltd (507498)

📊 BSE: 507498 🏢 Sugar 📢 Latest filing: 25 Aug 2026

Latest quarterly results (Q4 FY26)

In its latest reported quarter, Q4 FY26, Piccadily Sugar's revenue was ₹0.8 Cr, and net profit ₹-1.4 Cr (against a profit a year earlier); the operating margin was -191.8%.

Q4 FY26 (₹ Cr)	Value	YoY vs Q4 FY25	QoQ
Revenue	₹0.8	—	+4.9%
Operating profit	₹-1.6	loss widened	loss widened
Net profit	₹-1.4	to loss	to loss
EPS (₹)	-0.59	to loss	to loss
Operating margin	-191.8%	—	—

Full quarterly financials → Results calendar →

📢 Recent Corporate Announcements

Piccadily Sugar Convenes 33rd AGM; Proposes ₹35 Cr RPT Limit & Capital Increase

🟡 NEUTRAL ⭐ 5/10

ROUTINE 📅 25 Aug 2026, 05:52 PM

Piccadily Sugar & Allied Industries has issued notice convening its 33rd AGM on September 25, 2026. Key special resolutions include expanding the authorized preference share capital from ₹12.00 crore to ₹20.00 crore, bringing total authorized capital to ₹48.00 crore. Additionally, the company seeks shareholder approval for related party transactions with Piccadily Agro Industries Ltd for up to ₹35.00 crore per annum over a 5-year period. Ordinary business includes the appointment of M/s Rattan Kaur & Associates as statutory auditors for a 5-year term.

33rd Annual General Meeting scheduled for September 25, 2026, at 12:30 P.M.
Proposed increase in Authorized Preference Share Capital from ₹12.00 crore to ₹20.00 crore, raising total authorized capital to ₹48.00 crore
Approval sought for related party transactions with Piccadily Agro Industries up to ₹35.00 crore per annum for 5 years
Appointment of M/s Rattan Kaur & Associates as Statutory Auditors for a period of 5 consecutive years until 2031
Re-appointment of Mr. Naveen Pawar as Whole-time Director for a period of 1 year effective July 30, 2026

💡 Track shareholder voting results following the AGM on September 25, 2026, particularly for the approval of the ₹35.00 crore annual related-party transaction limit and subsequent preference share issuances.

Piccadily Sugar AGM Notice: Rs 35 Cr/Yr Related-Party Cap & Rs 8 Cr Pref Capital Increase

🟡 NEUTRAL ⭐ 5/10

ROUTINE 📅 25 Aug 2026, 05:34 PM

Piccadily Sugar & Allied Industries Ltd has issued its Annual Report and notice convening its 33rd Annual General Meeting (AGM) on September 25, 2026. Key special resolutions include expanding the Authorised Preference Share Capital from Rs 12.00 crore to Rs 20.00 crore (taking total authorised capital to Rs 48.00 crore). The company also seeks shareholder approval for related-party transactions up to Rs 35.00 crore per annum with Piccadily Agro Industries Limited for 5 years, which significantly exceeds its FY26 revenue of Rs 1.66 crore. Other ordinary business includes the appointment of M/s Rattan Kaur & Associates as statutory auditors for a 5-year term.

33rd AGM convened for September 25, 2026 via VC/OAVM
Authorised Preference Share Capital proposed to increase from Rs 12.00 crore to Rs 20.00 crore, raising total authorised share capital to Rs 48.00 crore
Special resolution to approve related party contracts with Piccadily Agro Industries Ltd up to Rs 35.00 crore per annum for 5 years
Appointment of M/s Rattan Kaur & Associates as Statutory Auditors for 5 consecutive years (FY26 to FY31)
Re-appointment of Mr. Naveen Pawar as Whole-time Director from July 30, 2026 to July 29, 2027

💡 Monitor the AGM voting results on September 25, 2026, and watch for any subsequent terms or filings regarding actual preference share issuances or fund infusions.

Piccadily Sugar Approves Q1 FY27 Results and Recommends New Statutory Auditor

🟡 NEUTRAL ⭐ 4/10

BOARD_MEETING 📅 11 Aug 2026, 11:45 AM

Piccadily Sugar & Allied Industries held a board meeting on August 10, 2026, to approve the unaudited financial results for the quarter ended June 30, 2026. The board recommended the appointment of M/s Rattan Kaur & Associates as Statutory Auditors for a 5-year term, subject to shareholder approval. The company's 33rd Annual General Meeting (AGM) is scheduled for September 25, 2026. Given the company's small scale with TTM revenue of just Rs 2 Cr and a high Debt-to-Equity ratio of 2.00, these administrative steps are routine but necessary for compliance.

Approved unaudited standalone financial results for the quarter ended June 30, 2026
Recommended appointment of M/s Rattan Kaur & Associates as Statutory Auditors for a 5-year period
Scheduled the 33rd Annual General Meeting (AGM) for September 25, 2026
Announced book closure from September 19, 2026, to September 25, 2026

💡 Investors should review the detailed Q1 FY27 financial results to check for any improvement in the operating profit margin, which stood at -148.2% for the TTM period.

Piccadily Sugar reports Rs 0.35 Cr Net Profit in Q1 FY27; Ethanol plant implementation ongoing

🔵 WATCH ⭐ 6/10

EARNINGS 📅 10 Aug 2026, 07:21 PM

Piccadily Sugar reported zero revenue from operations for the quarter ended June 30, 2026, consistent with the same quarter in the previous year. The company achieved a net profit of Rs 0.35 Cr, largely driven by an exceptional gain of Rs 0.51 Cr and other income of Rs 0.54 Cr, reversing a loss of Rs 0.10 Cr in Q1 FY26. Total expenses decreased slightly to Rs 0.77 Cr from Rs 0.86 Cr YoY. The company confirmed it is currently implementing an ethanol plant, which is a critical pivot given the lack of core sugar revenue.

Revenue from operations remained at Rs 0.00 for the quarter ended June 30, 2026.
Net profit of Rs 0.35 Cr was achieved, supported by an exceptional item of Rs 0.51 Cr.
Other income contributed Rs 0.54 Cr, representing the entirety of the company's operational-level inflows.
Total expenses were reduced to Rs 0.77 Cr from Rs 0.86 Cr in the year-ago period.
The 33rd Annual General Meeting (AGM) is scheduled for September 25, 2026.

💡 Investors should closely monitor the commissioning timeline and capital expenditure details for the ethanol plant, as the company currently lacks revenue from its core sugar operations.

Rs 0.35 Cr Net Profit in Q1 FY27; Zero Revenue from Operations Reported

🟡 NEUTRAL ⭐ 6/10

EARNINGS 📅 10 Aug 2026, 07:12 PM

Piccadily Sugar & Allied Industries reported zero revenue from operations for the quarter ended June 30, 2026, mirroring the performance of the same quarter in the previous year. Despite the lack of sales, the company posted a Net Profit of Rs 0.35 Cr, a turnaround from a loss of Rs 1.37 Cr in the previous quarter. This profitability was entirely driven by an exceptional gain of Rs 0.51 Cr and other income of Rs 0.54 Cr. Total expenses were contained at Rs 0.77 Cr, down from Rs 3.03 Cr in Q4 FY26, primarily due to lower 'other expenses'.

Revenue from operations remained at Rs 0.00 for the quarter ended June 30, 2026.
Net Profit stood at Rs 35.14 Lakhs, supported by an exceptional gain of Rs 51.22 Lakhs.
Total expenses decreased by 74.7% sequentially to Rs 76.73 Lakhs from Rs 303.30 Lakhs.
Depreciation and amortization expense of Rs 53.04 Lakhs accounted for 69% of total expenses.
The company confirmed ongoing implementation of an Ethanol Plant in its notes to accounts.

💡 Investors should focus on the execution timeline of the Ethanol Plant mentioned in the filing, as the core business currently generates no revenue. The upcoming Annual General Meeting (AGM) on September 25, 2026, may provide further clarity on the project's status.

Board meeting on August 10, 2026, to approve Q1 FY27 financial results

🟡 NEUTRAL ⭐ 2/10

BOARD_MEETING 📅 03 Aug 2026, 11:20 AM

Piccadily Sugar & Allied Industries has scheduled a board meeting for August 10, 2026, to approve its unaudited standalone financial results for the quarter ended June 30, 2026. The company is coming off a fiscal year (FY26) where it generated a modest profit of ‑‑0.34 Cr on a low revenue base of ‑‑1.66 Cr. Investors should note the company's high leverage, with a debt-to-equity ratio of 2.00 and total debt of ‑‑28 Cr relative to its ‑‑14 Cr net worth.