Operating profit fails to offset depreciation and interest at Rajshree Sugars
Standalone operating margin was 3.99%, well below the 11.07% sector median, while depreciation and interest pushed the company into a Rs 1.28 cr loss.
Filed 13 Nov 2026, 20:21 IST · after market close · Rajshree Sugars & Chemicals Ltd (RAJSREESUG)
Key takeaways
- Standalone operations generated an operating profit of Rs 7.22 cr, but interest of Rs 3.55 cr and depreciation of Rs 5.80 cr left profit before tax at a loss of Rs 1.28 cr.
- Operating margin was 3.99%, which was 7.08 percentage points below the 11.07% median for 84 reported Fast Moving Consumer Goods peers.
- Net loss was Rs 1.28 cr, with no tax benefit reported and EPS at negative Rs 0.39.
Price around the results
Operating profit did not cover below-operating costs
Rajshree Sugars reported standalone revenue of Rs 181.04 cr and operating profit of Rs 7.22 cr. Depreciation of Rs 5.80 cr and interest of Rs 3.55 cr together exceeded operating profit, resulting in a profit-before-tax loss of Rs 1.28 cr. Other income of Rs 0.85 cr was not enough to change that outcome.
Margin trails the reported FMCG peer median
The 3.99% operating margin was 7.08 percentage points below the 11.07% median among 84 Fast Moving Consumer Goods companies that had reported the same quarter. Rajshree Sugars ranked 16th from the bottom on this comparison. With no tax charge or tax benefit reported, the net loss matched the pre-tax loss.
Results were filed after market close
The standalone results were filed after market close on 13 November 2026. No market reaction is available yet, so the stock response cannot be compared with its history after past results.
Q2FY27 at a glance
Standalone figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q2FY27 |
|---|---|
| Revenue | ₹181 cr |
| Other income | ₹1 cr |
| Expenses | ₹174 cr |
| Operating profit | ₹7 cr |
| Operating margin (%) | 3.99% |
| Interest | ₹4 cr |
| Depreciation | ₹6 cr |
| Profit before tax | ₹-1 cr |
| Tax | ₹0 cr |
| Net profit | ₹-1 cr |
| EPS (₹) | ₹-0.39 |
Operating margin of 3.99% compares with a Fast Moving Consumer Goods sector median of 11.07% across 84 peers that have reported Q2FY27.
What to watch
- Whether operating margin moves up from 3.99% in the next reported quarter.
- Whether operating profit covers interest of Rs 3.55 cr and depreciation of Rs 5.80 cr.
- Whether the company reports a tax charge or benefit instead of the current 0.0% tax rate.