Yes, they’re still in the sugar business. And no, this isn’t ethanol hype — this is actual dividend money coming your way.
The Board of The Andhra Sugars Limited just announced a dividend of ₹0.80 per share (that’s 40% of its ₹2 face value) for FY2024–25, with all the usual fine print — AGM, book closure, and payment timelines.
Let’s unwrap the sweet details.
📌 At a Glance
- 💰 Dividend Declared: ₹0.80/share (40% of FV ₹2)
- 📅 Record Date: September 19, 2025
- 📚 Book Closure: Sept 20 – Sept 25, 2025 (inclusive)
- 🧑⚖️ AGM Date: September 25, 2025 (78th AGM)
- 🏦 Dividend Payout Begins: September 29, 2025
- 📈 CMP: ₹77.83 (as of May 29, 2025)
- 📉 Today’s Move: -0.31% (Flat. Even the bulls didn’t react.)
🍬 The Dividend Isn’t Huge, But…
Let’s be real. ₹0.80/share might not sound like much, but for long-time investors, it’s consistent sugar money:
📆 Year | 🍭 Dividend | 📈 Payout Trend |
---|---|---|
FY23–24 | ₹0.80 | 🟰 Maintained |
FY22–23 | ₹0.80 | 🟰 Maintained |
FY21–22 | ₹1.00 | 🔻 Dropped after this |
FY20–21 | ₹1.25 | 🔻 Pandemic peak |
FY19–20 | ₹1.25 | 🟰 Pre-pandemic high |
Clearly, this isn’t a “multibagger” growth story. It’s more like a conservative sugar dad who gives you ₹0.80 every year and asks you to study hard.
🧾 Who Gets the Money?
All shareholders on record as of September 19, 2025. If you buy the stock before the ex-dividend date, you’ll be eligible. Book closure runs from Sept 20 to Sept 25, so plan your sugar rush accordingly.
🏛️ The AGM is on Sept 25
Set a calendar reminder if you’re the type who likes shareholder debates and free tea.
Andhra Sugars’ 78th Annual General Meeting will be held on:
📍Date: Thursday, 25th September 2025
🕙 Time: To be announced later (but we all know it’ll start late)
📍Place: Tanuku, Andhra Pradesh (because why not?)
🧮 Dividend Yield Check
Let’s math this:
- 💰Dividend: ₹0.80
- 💵 CMP: ₹77.83
- 🧮 Yield = (₹0.80 / ₹77.83) × 100 = ~1.03%
Yeah… not exactly beating Nifty BeES, but hey, better than your savings account.
🔍 EduInvesting Take
“It’s not a sugar high — it’s a sugar sigh.”
The Andhra Sugars is one of those old-economy gems that’s not flashy, not sexy, but quietly runs its chemicals, ethanol, and sugar divisions in the background while rewarding shareholders who’ve held on for decades.
If you bought it 20 years ago, you probably did better than most Finfluencers today.
But here’s the flip:
- The company’s not announcing any major CAPEX or ethanol expansion.
- Revenue growth has been flat to slow, especially post-pandemic.
- Dividend is stagnant for 3 years.
In short: it’s the kind of stock your dad still holds and refuses to sell — because “yeh toh dividend deta hai har saal.”
🧠 What to Watch Now
- Will they boost the dividend next year?
- Will any chemical/ethanol unit get sold or hived off?
- Will a merger or stake buyback ever come?
📅 Published: May 29, 2025
✍️ By: Prashant Marathe
🏷️ Tags: Andhra Sugars, Dividend 2025, AGM Notice, Book Closure, Record Date, Old Economy Stocks, Tanuku Companies, EduInvesting