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Sayaji Industries Ltd Q3 FY26 Results

SAYAJIINDQ3 FY26 Results
Filing
MetricValue ( Cr)Q2 FY26Q3 FY25
Revenue282.9013.5%5.0%
Total Income283.3813.5%5.2%
Expenditure279.746.3%2.8%
PBT3.64127.2%238.0%
Net Profit3.59138.9%415.4%
OPM5.28%6.18pp10.05pp
NPM1.27%4.97pp2.00pp
EPS1.3790.7%173.7%
View full financials

Sayaji Industries Posts Robust Earnings Growth in Q3FY26 with 1,254% QoQ and 98% YoY EBITDA Increase

13 Feb 2026 · 13 Feb, 12:06 pm

Summary

Sayaji Industries Limited, a leading corn wet milling and speciality ingredients group in India, has announced its financial results for the quarter and nine months ended 31 December 2025. The company reported a significant increase in EBITDA, up by 1,254% QoQ and 98% YoY. The improvement in earnings reflects a combination of favourable input costs, improvement in realisation of by-products, operational efficiencies and a normalisation of energy expenses.

Key Highlights

  1. 1

    Revenue recorded modest growth during the quarter

  2. 2

    Profitability improved meaningfully on a sequential & Y-o-Y basis

  3. 3

    Maize processing operations continued to run at optimum capacity during the quarter

  4. 4

    Sharp correction in maize prices

  5. 5

    Harvesting of the crop across key producing regions is expected to support adequate market arrivals and stable pricing dynamics in the near term

  6. 6

    Energy costs have come down in the current quarter and are expected to remain low in the following quarters

  7. 7

    Recent reductions in trade tariffs in the US have created a supportive demand environment

  8. 8

    India is currently positioned advantageously relative to competing nations due to lower applicable tariffs on our product categories

  9. 9

    Improved enquiry levels and conversion of export orders

  10. 10

    Input cost stability, improved global trade dynamics and steady domestic demand are collectively contributing to a healthier operating environment

  11. 11

    Strong operational discipline, favourable cost tailwinds and a robust demand outlook

Management Comments

P

Priyam Mehta

Chairman and Managing Director of Sayaji Industries Limited

We delivered a strong performance in Q3FY26. Revenue recorded modest growth during the quarter, while profitability improved meaningfully on a sequential & Y-o-Y basis. The improvement in earnings reflects a combination of favourable input costs, improvement in realisation of by-products, operational efficiencies and a normalisation of energy expenses.

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