The shares of this sugar manufacturing company gained up to 16 percent after the company’s net profit and revenue zoomed by 333 percent and 47 percent YoY, respectively in Q3FY25.
Price movement
With a market capitalization of Rs 301.94 crore, the shares of KM Sugar Mills Ltd were trading at Rs 32.82 per share, increasing around 9 percent as compared to the previous closing price of Rs 30.09 apiece.
Reason for Rise
The shares of KM Sugar Mills Ltd have seen positive movement after reporting positive results in Q3FY25, revenue decreased by 2 percent on a quarter-on-quarter basis from Rs. 170 crore in Q2FY25 to Rs. 166 crore in Q3FY25. Further, revenue zoomed by 47 percent year on year, from Rs 114 crore in Q3FY24 to Rs.166 crore in Q3FY25.
The company’s net profit magnified by 160 percent on a quarter-on-quarter basis, from Rs. 5 crore in Q2FY25 to Rs. 13 crore in Q3FY25. Further, net profit magnified significantly by 333 percent year on year from Rs 3 crore in Q3FY24 to Rs. 13 crore in Q3FY25.
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Product Profile
The company produces three grades of sugar (L 31, M 31, M 30, S 31, S 30) in jute and PP bags. Its distillery outputs rectified spirit (85% Grade-I, 15% Grade-II), fuel-grade ethanol, and ENA. It also supplies power to UPPCL via a bagasse-based co-gen plant.
Divisional Production Capacity
The company’s Sugar Division in Faizabad has a crushing capacity of 9,500 TPD, producing white crystal and raw sugar for domestic and export markets. Its Distillery Division has a 50 KLPD capacity for manufacturing rectified spirit, ethanol, and related products.
Company Overview
KM Sugar Mills Ltd (KMSML) is in the business of manufacturing Sugar, Distillery Products, and Generation of Electricity. It also exports and does domestic sugar trading and manufacturing activities.
Written by Abhishek Singh
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