Davangere Sugar eyes distillery expansion after FY26 revenue rises 11.1%
Davangere Sugar reported FY26 revenue of ₹238.77 crore, up from ₹214.99 crore a year earlier, while outlining growth plans in ethanol, distillery capacity and power co-generation. Its UK unit, Aurevant Global, will pursue sugar- and ethanol-linked opportunities.
What happened
Davangere Sugar Company Ltd · Davangere Sugar shares gained over 6% as investors assessed FY26 revenue growth and planned distillery expansion. The company is
Key facts
- Share price rose 6.54% to ₹2.28 intraday
- Intraday high: ₹2.32
- FY26 revenue: ₹238.77 crore
- Previous-year revenue: ₹214.99 crore
- FY26 revenue growth: 11.1%
What changed
Davangere Sugar shares gained over 6% as investors assessed FY26 revenue growth and planned distillery expansion. The company is diversifying beyond sugar into ethanol and power co-generation, while UK unit Aurevant Global will pursue sugar- and ethanol-related opportunities.
Why this matters
Davangere Sugar’s planned distillery and co-generation expansion signals a push to diversify beyond sugar into higher-value ethanol and energy revenue streams.
What to watch
- Board-approved capex plan and disclosure of incremental KLPD distillery capacity.
- Debt issuance, bank sanctions, equity funding or changes in leverage and interest expense.
- Government ethanol blending targets, OMC procurement prices and permitted feedstock mix.
- Monsoon performance, regional cane acreage, cane pricing and molasses availability.
- Sugar realization trends, inventory policy and export or quota decisions.