
Vishwaraj Sugar Industries Q4 Results 2026: Date, Revenue, PAT and Analyst Outlook
Mon Apr 20 2026

Vishwaraj Sugar Industries (NSE: VISHWARAJ) is preparing to announce its Q4 FY26 (January–March 2026) financial results for the period ended March 31, 2026. With the stock trading at Rs 38 — against a 52-week high of Rs 58 and a 1-year return of -20% — the Q4 FY26 results will be a pivotal event for investors monitoring the Sugar / Ethanol / Maharashtra sector.
Analyst consensus estimates for Q4 FY26 stand at Rs 520–580 Cr in revenue and Rs 8–14 Cr in profit after tax, with margin expectations of EBITDA 5–7%. The key growth metric of Ethanol Revenue +15–20% YoY will be watched alongside FY27 management guidance — which analysts consider the most important output from the Q4 FY26 announcement.
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Vishwaraj Sugar Industries Q4 Results 2026 Date
The Vishwaraj Sugar Industries Q4 FY26 results date is May 2026 (Expected). The board of directors will meet to approve the audited consolidated and standalone financial results for the quarter and full year ended March 31, 2026.
Here is the broader Q4 FY26 earnings calendar for major Indian companies:
| Company | Results Date | Key Watch |
| TCS | Apr 9, 2026 | PAT Rs 13,718Cr; dividend Rs 31/share |
| Wipro | Apr 16, 2026 | PAT Rs 3,502Cr; buyback Rs 15,000Cr |
| Waaree Renewable | Apr 16, 2026 | Solar EPC Q4 results declared |
| HDFC Bank | Apr 18, 2026 | NIM recovery; Q4 PAT watch |
| Yes Bank | Apr 18, 2026 | NIM 2.5–2.7%; NPA cleanup progress |
| Infosys | Apr 23, 2026 | FY27 CC revenue guidance — critical |
| IndusInd Bank | Apr 24, 2026 | Derivative restatement resolution |
| Coal India | Apr 27, 2026 | Volume decline + dividend |
For the complete Q4 FY26 results calendar and real-time announcements, visit Univest Blogs.
Why This Quarter Matters
Q4 FY26 is the final quarter of the financial year — it determines full-year FY26 performance, sets the FY27 estimate base, and triggers final dividend announcements. For Vishwaraj Sugar Industries, with a stock return of -20% over the past year, this quarter’s results and FY27 guidance are critical for determining whether the stock can recover or faces continued pressure.
Beyond the headline revenue of Rs 520–580 Cr and PAT of Rs 8–14 Cr, investors will focus on three areas: (1) whether FY27 guidance meets consensus expectations for Ethanol Revenue +15–20% YoY, (2) whether the EBITDA 5–7% margin is sustainable or under pressure, and (3) the dividend or buyback announcement of Nil. A positive surprise on any two of these parameters could drive a meaningful post-results re-rating.
Vishwaraj Sugar Industries Q4 FY26 Earnings Estimates

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Brokerages including MOFSL, YES Securities, and JM Financial project Rs 520–580 Cr in revenue (Q3 actual: Rs 488 Cr) and PAT of Rs 8–14 Cr (Q3 actual: Rs 9 Cr). A beat on revenue combined with margin expansion or positive FY27 guidance would be the most positive scenario for the stock.
| Metric | Q3 FY26 Actual | Q4 FY26 Estimate | Key Watch |
| Revenue | Rs 488 Cr | Rs 520–580 Cr | Sequential trajectory |
| PAT | Rs 9 Cr | Rs 8–14 Cr | Clean earnings quality |
| Margin | EBITDA 6% | EBITDA 5–7% | Pricing and cost control |
| Growth Metric | Q3 base | Ethanol Revenue +15–20% YoY | Volume / Rate / SSG |
| Dividend | — | Nil | FCF signal |
Screen Vishwaraj Sugar Industries live fundamentals, FII/DII activity, and analyst upgrades on the Univest Screener.
5 Key Factors That Will Drive Vishwaraj Sugar Industries Q4 FY26 Performance
1. Sugar / Ethanol / Maharashtra Sector Demand Momentum
Vishwaraj Sugar Industries operates in the Sugar / Ethanol / Maharashtra sector — one of India’s structurally growing spaces with Q4 FY26 seasonal demand tailwinds. Q4 is typically the strongest quarter for most sectors due to year-end government capex acceleration, housing completions, and consumer spending peaks. Analyst consensus projects Rs 520–580 Cr for Q4 FY26 — versus Rs 488 Cr in Q3 — implying strong execution execution is required. Track live fundamentals on Univest Screener.
2. Revenue Growth of Ethanol Revenue +15–20% YoY
The key volume or rate metric of Ethanol Revenue +15–20% YoY is the single most important operating variable analysts are tracking for Vishwaraj Sugar Industries’s Q4 FY26. A strong performance on this metric validates the structural investment thesis and is expected to drive positive stock price movement on results day. A miss versus consensus would likely trigger downward FY27 estimate revisions.
3. Margin Delivery at EBITDA 5–7%
Q4 FY26 margin expectations of EBITDA 5–7% (versus Q3 actual of EBITDA 6%) reflect the interplay of pricing power, input cost management, and operating leverage. If Vishwaraj Sugar Industries can sustain or expand margins while delivering estimated revenue, it would mark a continuation of the profitability improvement story and be positively received by institutional investors.
4. FY27 Guidance — The Single Most Critical Catalyst
The single most consequential output from the Q4 FY26 board meeting will be management’s FY27 guidance — revenue growth bands, margin targets, capex plans, and macro risk commentary. In the current global environment — shaped by US-India tariff negotiations and FII outflows — credible and specific FY27 guidance from Vishwaraj Sugar Industries will be valued more than the reported Q4 number. Monitor guidance announcements in real time on Univest.
5. Dividend or Capital Allocation Signal
Vishwaraj Sugar Industries is expected to consider Nil at the Q4 FY26 board meeting. The dividend quantum signals management’s confidence in free cash flow generation. For investors, dividend per share relative to the current market price of Rs 38 determines yield proposition and is a factor in institutional portfolio sizing decisions.
5 Risks to Watch in Vishwaraj Sugar Industries Q4 FY26
1. US Tariff Macro Headwinds
The 26% US reciprocal tariff on Indian goods — announced April 2, 2026 — has created FII outflow pressure across Indian equities. For Vishwaraj Sugar Industries, indirect impacts include compresed earnings multiples and institutional de-allocation, even if the company’s own supply chain is not directly affected by the tariff.
2. Results Miss Versus Estimates
If Vishwaraj Sugar Industries’s Q4 FY26 results miss analyst estimates of Rs 520–580 Cr in revenue and Rs 8–14 Cr in PAT, the stock could correct sharply. The percentage correction is typically larger than the percentage miss — particularly for stocks that have underperformed in the prior 12 months.
3. FY27 Guidance Disappointment
If management’s FY27 guidance falls below Street expectations — even with an in-line Q4 print — the stock may decline on forward estimate cuts. Management credibility is a function of historical guidance delivery; any slippage from prior guidance creates a double discount on new projections.
4. Competitive Pressure in Sugar / Ethanol / Maharashtra
The Sugar / Ethanol / Maharashtra sector faces intensifying competition from domestic capacity additions and international entrants. Vishwaraj Sugar Industries’s ability to maintain pricing power, market share, and customer relationships in this environment is a structural risk factor for FY27 estimates.
5. FII Selling and Liquidity Risk
Global risk-off events can trigger concentrated institutional selling that disconnects stock price from underlying fundamentals. Mid- and small-cap stocks like Vishwaraj Sugar Industries are particularly vulnerable to liquidity-driven corrections on results day independent of the reported numbers.
Vishwaraj Sugar Industries Share Price and Analyst Ratings
Vishwaraj Sugar Industries is trading at Rs 38 as of April 2026, against a 52-week high of Rs 58 and a 52-week low of Rs 28. The 1-year return of -20% reflects the macro headwinds of FY26. Analyst 12-month targets range from Rs 48 to Rs 45, implying potential recovery from current levels contingent on Q4 execution and FY27 guidance delivery.
| Brokerage | Rating | 12M Target | Investment Thesis |
| MOFSL | Neutral | Rs 45 | Sugar + ethanol dual revenue |
| JM Financial | Neutral | Rs 42 | State policy on MSP key risk |
| YES Securities | Neutral | Rs 48 | Ethanol blending positive structural |
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Conclusion
Vishwaraj Sugar Industries Q4 FY26 results on May 2026 (Expected) will be a key earnings event for investors monitoring the Sugar / Ethanol / Maharashtra sector. With analyst consensus projecting revenue of Rs 520–580 Cr and PAT of Rs 8–14 Cr, the stock at Rs 38 offers a risk-reward profile that depends on execution and FY27 guidance credibility. For more Q4 FY26 previews across sectors, visit
Disclaimer: Investment in the share market is subject to risk. This article is for informational and educational purposes only and does not constitute investment advice. All financial data and analyst estimates are sourced from publicly available information including NSE/BSE filings and company investor relations pages. Verify all numbers before investing. Consult a SEBI-registered advisor before making investment decisions. For more Q4 FY26 results previews, visit Univest Blogs.
Frequently Asked Questions
Q: What is the Vishwaraj Sugar Industries Q4 results 2026 date?
The Vishwaraj Sugar Industries Q4 FY26 results date is May 2026 (Expected). The board of directors will meet to approve audited Q4 FY26 financial results and consider a final dividend recommendation.
Q: What is the Vishwaraj Sugar Industries Q4 FY26 PAT estimate?
Analysts estimate Vishwaraj Sugar Industries Q4 FY26 PAT in the range of Rs 8–14 Cr, based on revenue of Rs 520–580 Cr and margin of EBITDA 5–7%. Q3 FY26 actual PAT was Rs 9 Cr.
Q: What is Vishwaraj Sugar Industries’s share price ahead of Q4 results?
Vishwaraj Sugar Industries is trading at Rs 38 as of April 2026. The 52-week high is Rs 58 and the 52-week low is Rs 28. The 1-year return is -20% and market capitalisation is Rs 340 Cr.
Q: Will Vishwaraj Sugar Industries declare a dividend in Q4 FY26?
Vishwaraj Sugar Industries is expected to consider Nil at the Q4 FY26 board meeting. The quantum will be confirmed on the results announcement date.
Q: Which analysts have a Buy rating on Vishwaraj Sugar Industries?
See full analyst ratings table above hold Buy ratings. Consult a SEBI-registered financial advisor before investing.
Q: What were Vishwaraj Sugar Industries Q3 FY26 results?
Vishwaraj Sugar Industries reported Q3 FY26 (October–December 2025) revenue of Rs 488 Cr and PAT of Rs 9 Cr, with margin at EBITDA 6%. Q3 actuals form the sequential base against which Q4 FY26 estimates are benchmarked.
Q: When do Infosys and TCS announce Q4 results 2026?
TCS declared Q4 FY26 results on April 9, 2026 — PAT Rs 13,718 crore and revenue Rs 70,698 crore, with a Rs 31/share final dividend. Full preview at https://univest.in/blogs/tcs-q4-results-2026-date-preview. Infosys Q4 FY26 results are scheduled for April 23, 2026 — FY27 CC revenue guidance is the critical watch. Full preview at https://univest.in/blogs/infosys-q4-results-2026-date-preview.
Q: Is Vishwaraj Sugar Industries a good investment ahead of Q4 results?
This depends on your risk appetite, investment horizon, and portfolio context. Vishwaraj Sugar Industries has compelling factors — Sugar + ethanol dual revenue — alongside genuine near-term risks including US tariff macro headwinds and FY27 guidance uncertainty. Analyst consensus targets range from Rs 48 to Rs 45. Consult a SEBI-registered financial advisor before investing.
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