Shree Renuka Sugars Limited (RENUKA) — Board Meeting | 8 May 2026

· NSE 🟡 Notable Neutral
By StockFin Research Team AI-Assisted Analysis Source: BSE/NSE Filings

The Board of Shree Renuka Sugars Limited approved the audited standalone and consolidated financial results for the quarter and year ended 31 March 2026, revealing a consolidated net loss of ₹1,532 crores for the quarter and ₹8,723 crores for the full year, with negative net worth of ₹26,766 crores and current liabilities exceeding assets by ₹34,066 crores. The unmodified audit opinion from SR BC & CO LLP confirms compliance with SEBI and Ind AS standards, while management maintains a going concern basis supported by a letter of comfort from parent Wilmar International. Key drivers of loss include a ₹2,948 crore impairment on the integrated milling division and reversal of cane provision income. Segment revenue reached ₹25,485 crores for the quarter, with sugar refining contributing significantly. Despite severe financial distress, the Board retained authority to propose dividends, though no payout was specified.

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About Shree Renuka Sugars Limited (RENUKA)

Fast Moving Consumer Goods · Sugar · Listed on NSE

Market Cap: ₹5,297.81 Cr ROE: 46.6% ROCE: -2.9%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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